because it is a fact. I am afraid that as long the shitcoins are around, bitcoin cannot go to new ath.
I disagree on this because of two points, a major and a minor ones: 1. You need an ecosystem to replace fiat. As much as I like bitcoin, other coins add something. A flavor, perhaps? Some experimentation on the fringes, maybe even additional utility sometimes. It is good for innovation and 'animal spirits' of the whole cryptosphere. 2. A rather minor point: if they are shitcoins, why care? the problem with shitcoins is that they are mostly issued by companies. most of those companies have a very very large marketing division and nothing more. they are ideas, they are bait for newcomers in crypto. what is alt is currently used for a meaningful thing? I got a friend who started to get interested in bitcoin about half a year ago. he started to ask me about bitcoin, I provided him with sources of info. a few months later he came back and told me that he had invested his life savings. I expected he bought bitcoin. (well, technically he did, but only to buy shitcoins with) he had invested in ripple, cardano and electroneum. i was confused, tried to tell him that this is very risky. he approaches me now telling me how outdated, expensive, unusable, slow bitcoin is. that no one believes in it anymore. now, even with this brutal correction, he is less concerned than I am. he is in the red now. I try to hint him to get out of alts and into bitcoin. no, he is having cash ready and buys more of the shitcoins now, "cheap coins"... he is a smart guy, but he totally drank the altcoin cool aid. social media is in the hand of altcoin pushers. good think that facebook is not doing it anymore.
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grüne Kerzen....
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Wekkel, this is the best one!
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As crazy bad as this selloff/correction appears, we are still up 7X from Jan 2017. Which still crushes a lot of equities' performance in 2017 by a country mile. this is a more sound ICO idea than most of what I have seen so far. what is the most absurd ICO you have seen?
https://deeznuts.in/that must be a joke... well, aren't they all...
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hübsche 2400 btc buy wall auf kraken. 13 mil. €
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I will merit someone for anyone for .01 BTC per Merit.
Get in while the price is low. ICO. Cheap Merits.
this is a more sound ICO idea than most of what I have seen so far. what is the most absurd ICO you have seen? i have seen one that sells you tokens and in a few years you are allowed to purchase artificial ivory for your token. imagine what you could do with artificial ivory in 2022! too bad I missed that ICO.
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Anyone hear from Rosewood I'm concerned the dude is passed out in a ditch somewhere, completely obliterated on scotch.
is that bad? i mean it beats being passed out naked in a bathroom in mexico (umm, or so ive heard..). even beats being passed out drunk in police lockup (that one ive verified heard of too). friend of mine woke up one night, finding out he was in his underwear locked out of his apartment.
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und sind wir nun schlauer? Nö!
ICO sind rechtswidrig Doch kaum Negatives wie vom Markt befürchtet das war phantastisch. senate hearings können auch gaaaaaaaanz anders aussehen. ich bin erstaunt wieviel wissen es bis ganz nach oben zu diesen Herren Politikern geschafft hat. wenn man überlegt, was für einen senf die massenmedien über bitcoin verbreiten, dann ist das schon fast beeindruckend. stellt euch mal eine aktuelle stunde im bundestag zu diesem thema vor. für merkel und co. ist ja selbst das internet noch neuland. ausserdem: die vereinigten staaten von amerika sind eine nation, die ganz eng mit technologischer innovation verbunden sind. dass amerika so gross und mächtig ist heute, liegt an der offenheit gegenüber neuen technologien. das war in d auch mal so. allerdings im 19.jahrhundert. in den usa ist es immer noch so. die werden niemals neue technologien abwürgen nur weil die herren banker das so wollen.
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dieser giancarlo ist ein bitcoin fan. hat er grad nicht mal angemerkt, dass es ohne bitcoin überhaupt kein "blockchain" gäbe.
ich finde er verteidigt bitcoin.
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wegen dem hearing: das ist doch schon bekannt, dass das bullish für btc sein wird. die vorab-statements, die heute veröffentlicht wurden waren super. hier nochmal die Zusammenfassungen beider statements: Conclusion Through the years, technological innovations have improved our markets, including through increased competition, lower barriers to entry and decreased costs for market participants. Distributed ledger and other emerging technologies have the potential to further influence and improve the capital markets and the financial services industry. Businesses, especially smaller businesses without efficient access to traditional capital markets, can be aided by financial technology in raising capital to establish and finance their operations, thereby allowing them to be more competitive both domestically and globally. And these technological innovations can provide investors with new opportunities to offer support and capital to novel concepts and ideas. History, both in the United States and abroad, has proven time and again that these opportunities flourish best when pursued in harmony with our federal securities laws. These laws reflect our tripartite mission to protect investors, maintain fair, orderly and efficient markets and facilitate capital formation. Being faithful to each part of our mission not in isolation, but collectively, has served us well. Said simply, we should embrace the pursuit of technological advancement, as well as new and innovative techniques for capital raising, but not at the expense of the principles undermining our well-founded and proven approach to protecting investors and markets. Thank you for the opportunity to testify before you today and for your support of the Commission and its workforce. I stand ready to work with Congress on these issues and look forward to answering your questions. (The Honorable Jay Clayton Chairman U.S. Securities and Exchange Commission)
Conclusion 2 We are entering a new digital era in world financial markets. As we saw with the development of the Internet, we cannot put the technology genie back in the bottle. Virtual currencies mark a paradigm shift in how we think about payments, traditional financial processes, and engaging in economic activity. Ignoring these developments will not make them go away, nor is it a responsible regulatory response. The evolution of these assets, their volatility, and the interest they attract from a rising global millennial population demand serious examination. With the proper balance of sound policy, regulatory oversight and private sector innovation, new technologies will allow American markets to evolve in responsible ways and continue to grow our economy and increase prosperity. This hearing is an important part of finding that balance. (The Honorable J. Christopher Giancarlo Chairman U.S. Commodity Futures Trading Commission)
wär das nicht bullish würde der preis nicht steigen.... erinnert mich an anfang november 2013. da gab es auch ein hearing und was dann passierte wissen wir ja...
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This picture isnt accurate because all these shitcoins are going to rally even more than bitcoin.
Why do you think so? because it is a fact. I am afraid that as long the shitcoins are around, bitcoin cannot go to new ath.
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war das der boden oder war er es nicht?
Das hängt ganz davon ab... wenn du jetzt auscasht werden wir innerhalb der nächsten Wochen ein neues ATH erreichen, wenn du weiter hältst fällt er noch mindestens bis 1k. auscashen? ich will kaufen... ansonsten kann ich dem, was du schreibst nur zustimmen
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was the bottom in or not? I bought back, then sold again, now buying back... or.. not?!
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war das der boden oder war er es nicht?
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Postponed to the 14th i believe but the text of what they will say is released. Noting new really except they think exchanges and ICOs regulation should be handle at fed level rather than state level. Usual anti money laundering, KYC etc but noting scary imho this is very bullish: We are entering a new digital era in world financial markets. As we saw with the development of the Internet, we cannot put the technology genie back in the bottle. Virtual currencies mark a paradigm shift in how we think about payments, traditional financial processes, and engaging in economic activity. Ignoring these developments will not make them go away, nor is it a responsible regulatory response. The evolution of these assets, their volatility, and the interest they attract from a rising global millennial population demand serious examination. With the proper balance of sound policy, regulatory oversight and private sector innovation, new technologies will allow American markets to evolve in responsible ways and continue to grow our economy and increase prosperity. This hearing is an important part of finding that balance. The Honorable J. Christopher Giancarlo Chairman U.S. Commodity Futures Trading Commission Giancarlo Testimony 2-6-18b https://www.banking.senate.gov/public/index.cfm/hearings?ID=D8EC44B1-F141-4778-A042-584E0F3B9D39
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Maybe a bulltrap? Like we moven down to €6k then €7.5k then again down...
yep, its gambling. I went back with 2/3 of money. another 1/3 when we cross $7k. it is more fun scoring additional btc than it is fucked to lose fiat.
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where are you guys? busy buying....
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altcoin bag holders blame bitcoin for causing this massacre. some bitcoiners blame usdt/finex. Wall Street will blame crypto for DOW crashing.
tinfoil hat: big money figured out that they cannot outlaw bitcoin. their approach to hurt it was to elevate it into unforeseen euphoric stages just to crash it unprecedentedly afterwards in order to completely destroy any trust in it. guys like w.buffet knew. they couldn't even resist to make public statements about the coming crash.
but they will be wrong. they have no idea what a seasoned bitcoiner can survive. they will never crush us. bitcoin is the combined chuck norris/mcgyver/houdini of finance. we have waited 4 years from the previous to the last ATH. we can sit out storms like that.
6000 is the fucking BOTTOM
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Where can I read the latest bitcoin orbituary.
how about the wo thread @bitcointalk forum?
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so, lottoschein geholt. freitag euro-jackpot mit 90 mio abräumen. 45 mio € market order auf bitstamp und DANN BOUNCT das ding endlich mal bis $20k. ich sag euch vorher bescheid. 2013: in 4 wochen von $120 auf $1200 - und dann fast zwei jahre nur runter. 2017: in zwei jahren von $200 auf $20 000 - und dann in 6 wochen wieder runter. ich habe mich gleich mehrfach verschätzt. erstens habe ich auf einen spike am ende des bull-runs gewartet, der kam aber nicht. zweitens dachte ich, wenn wir in einen mehrjährigen downtrend gehen, dann wäre noch genug zeit (mehrere monate) sich psychologisch darauf vorzubereiten bitcoins temporär zu verkaufen. es ging aber so schnell, dass meine strategie nicht aufgegangen ist. ich kann mich einfach nicht von den coins trennen. mal sehen ob meine weiteren einschätzungen auch daneben liegen: es geht runter in den bereich $4-6k. dann folgt die mutter aller bounces. bis $12-$14k und dann geht's nochmal runter, aber langsamer. meine persönliche wunschvorstellung anfang des letzten Jahres lag für ende 2017 bei $2500. das war der traum. ist fast 8x soviel geworden. temporär... der fehlende spike könnte an den altshitcoins gelegen haben. da war ja noch mehr fomo wie bei uns. wahrscheinlich geht es generell erst wieder nachhaltiger aufwärts, wenn die meisten alts mausetot sind. bitcoin dominance von ca 45% oder so. da muss der kurs noch sinken. edit: imho hat die bitcoin community die social media marketing power der 1000enden shitcoin pusher unterschätzt. da stehen firmen dahinter mit Marketing wissen und power. auf dieser flanke ist bitcoin verwundbar: da gibt es keine bauernfängerei. insofern war das ende der cryptowerbung auf facebook ein segen für bitcoin. vielleicht auch ein Grund für den beschleunigten absturz: die ganzen Ponzi alt pusher sind von frischen geld neuer Opfer plötzlich abgeschnitten.
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