Good technology have there own marketing by there own customers. People who spread the word is the most successful campaign.
So viral adoption would be an indicator of a good investment, same as for DOGECOIN? Imo, not really. But it could be. What if merchants slowly start accepting Doge for ther products/services. Lot's of people (consumers) hold it, probably enough. And volume and liquidity is not that bad if you decide to cash out to BTC. It's puzzling that the 'lower tech' coins, LTC and Doge still have good trading volume. |
|
|
|
|
What about now? Still think China will pump again?
|
|
|
|
Dead, or do you mean to say that either Bitcoins are gonna die or something's gonna kill it, right???
This doesn't look like it, as it is just panic selling by whales just to buy coins for cheaper, maybe because they are preparing for some big pumps that we are going to witness soon...
Huh? No. It's just a technical term like heads and shoulders, triple top, etc.. |
|
|
|
Your definition forgot to mention that the cat must die. Stocks die when underfunded, bitcoin does not. If you want to determine if this is a dead cat bounce then you are going to have to wait until bitcoin is dead, as it can only be defined in retrospect.
P.s. I have not tested this, but I assume that live cats also bounce.
Not necessarily. By dead it means only the current trend is over. It's a trading term. |
|
|
|
Should we all just switch to Ethereum? It would make me rich. Just a thought.
A switch to Ethereum is good... If you you're planning to earn bitcoin. |
|
|
|
Should we all just switch to Ethereum? It would make me rich. Just a thought.
You can switch to ETH if you want and risk buying the top right now. Not me, I'm sticking with BTC. But what if Ethereum can go to 20 dorrars? |
|
|
|
|
Seeing the title, Doge vs NXT came to mind.
|
|
|
|
I suppose this is classical pump ..Prepare yourself for exit on time.  It could be. But take note of the large volume. |
|
|
|
This market really is fucking ridiculous. Last week, Bitcoin was trading at $352, but by the end of the day, it was trading at $390. 4 days later, or 2 days ago, Bitcoin was trading at $428. Today, it is trading back at $390. V tops and V bottoms. Looks to me, that this whipsaw, was no more than a violent reaction against the prevaling trend which had over stretched itself. Would be fucking loving this if I was able to get any good trades away, and whilst I know of folks who are trading well in both directions, I imagine the volatility and lack of retests is proving a little too nippy for the majority. I imagine the majority here are getting wiped out left right n centre here. What about all those momentum chasers on the break of $390? They cashed out yet? NO!  So... Did you vote yes or no? |
|
|
|
|
I guess the best way to prove a coin's worth outside the system is for that coin to cater to and must be accepted as of value by ISIS and other insurgents, drug cartels, the black market, and anything related to the criminal underworld.
|
|
|
|
It was an expected drop as the support around the $400 price level was too weak to hold. I think we'll sit around $380-$420 for at least a week or two.
Then what? Continue to slide down or do the Chinese pumpers come back? |
|
|
|
Yes very easy. Steal computer. |
|
|
|
Is this Bob Surplus' new angle?  What are you talking about? Bob Surplus has no connection to TPTB or AmericanPegasus that I am aware of. * plot twist * Lol yup. |
|
|
|
|
So this means we have yet to see the great cryptocurrency pump ala the tech bubble?
|
|
|
|
In finance, a dead cat bounce is a small, brief recovery in the price of a declining stock/commodity/currency. Derived from the idea that "even a dead cat will bounce if it falls from a great height", the phrase, which originated on Wall Street, is also popularly applied to any case where a subject experiences a brief resurgence during or following a severe decline. https://en.m.wikipedia.org/wiki/Dead_cat_bounce |
|
|
|
|
The pump did come. But not good enough to get the momentum going.
|
|
|
|
Etherium is basically the same as BitShares. I expect it to have the same fate.
That could be it. But then, maybe not... |
|
|
|
I'm a noob, but recently I have been hearing that bitcoin is dieyng and that another altcoin will be its substitute.
Many people pointed XMR - monero as a possible successor while others think that it will be ethereum.
What's your take on this?
Bitcoin has been 'dying' ever since I got involved with it back in 2013 and I'm sure it will continue 'dying' several more deaths before it either makes it or doesn't (spoiler: looks like it makes it). Ethereum is an entirely different animal however. It's quite a bit more ambitious (imho) than Bitcoin in some respects in that it's implementing a turing-complete language built right into the ethereum blockchain. This ultimately will make de-centralized app's and things like smart-contracts far easier to develop with ethereum if it's successful. The catch here of course, is all that additional complexity makes for a whole lotta places where things can go wrong. To get an example of what this language in ether looks like take a look at http://etherscripter.com/0-5-1/and select any one of the [Sample] contracts to get an idea of just how varied potential smart contracts can be. Truly only limited by ones imagination. Not to take anything away from bitcoin. It's the first mover and has survived countless attacks both technical and otherwise (including a recent painful Hearnia :p) whereas ethereum is still very much as yet an untested entity in many respects but the more it gains in overall marketcap you can be sure more and more attacks to try and undo it will be occurring. Will ether ever overtake bitcoin? Personally I really doubt it. The safer play is probably with bitcoin however I wouldn't discourage one from picking up a few to hold onto for awhile JIC  *My 2 satoshi's worth On what basis do you claim that Bitcoin is dying? Ethereum is nowhere even close to even Bitcoin. I sometimes just feel that whoever gets involved with any alt currency begins to think that his coin is going to be the best i.e will be destroying BTC. But the fact is that if BTC dies, every alt currency will eventually die due to lack of confidence by the community.Wrong. The cat is out of the bag. Even if BTC dies, other cryptocurrencies, big and small, will always be around. |
|
|
|
Is this Bob Surplus' new angle? |
|
|
|
stupid ass idea
I will be happy to hear your argument behind that opinion - otherwise I will consider you are full of shit  Reason: "just because..." |
|
|
|
|
Show Posts
