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Seems like people got nervous at the fast $1,200 rise, a nice correction coming, but don't blink or you may miss it, tons of buy pressure and people scared of missing on owning shares of this financial revolution, doubters that still don't own any bitcoins will not let the price go below $1,000 again. People trying to short will not risk losing their position in the process.
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Wait, so you think Amanda B Johnson, a former car seller that knows nothing about technology, has a better idea in how to scale a decentralized network than cryptography and coding legends such as Adam Back, Nick Szabo, or Gregory Maxwell?
Amanda B Johnson and Roger Ver... those are your influences in order to invest?
Wait, you mentioned Mike Hearn too?
Is this some kind of sick fucking joke?
The Core roadmap is already set and is the best one. You can blame miners. If we got segwit, then we would get a block size increase to 2MB too, and then lightning and sidechains can begin.
So miners will decide. Apparently the market is ok with bitcoin remaining gold 2.0 since the price keeps growing anyway.
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This isn't a pump and dump scheme like with Monero, which is now going into its more bloody dump period .. no this is the market dramatically re-evaluating Dash. Key factors at play here : v.0.12.1 was implemented without any problems and it introduced Sentinal, a powerfull piece of software that run beside Dash's blockchain and allows Dash to make future upgrades far more easy and fork-free. Dash Evolution (a major upgrade further down the road) will have further scalabilty solutions and its release schedule has been bumped forward recentely, when it was announced that the alpha version can now be exspected somewhere midyear 2017, this was made possible through additional funding that has expedited the development of Dash Evolution by attracting and hiring more developers. Dash also made some powerfull partnerships lately and through its decentralized budget funding managed to have its cryptocurrency added to a major new exchange with FIAT pairs. (exspect an announcement about that in a few months). To answer the OP : no i have not made any money as i'm not spending any Dash, i save them so i can start a (new) masternode which will provide me with a steady stream of masternode payments (on annual basis something like 10%). link : https://dash-news.de/dashtv/#value=1000link : http://178.254.23.111/~pub/masternode_count.pngSo what happened with all the accusations of the premining stuff, and also all the potentially exploitable weaknesses given the masternode model, which would be easy for authorities to neutralize? I remember having some darkcoins, and since then I didnt pay attention to this project. How does this scale compared to bitcoin? |
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Can all coins be mined?
What is the difference between mining coins and non-mining coins?
Minable coins mean that the coins are inflationary: new coins keep getting added into the total supply. Non minable means that there are no newly generated coins (like Ripple) That is it as far as I know. |
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I have no idea why this coin pumped, specially while BTC is going to the moon too. Looks like DASH was the winner pick after all. Must have been cool for the people that bought before the pump, but who would have know when to buy? it could have keep stagnating.
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Shorting is so fucking stupid unless you are George Shoros himself managing insider information, then you could be able to take big shorts, but those guys gambling in such suicidal ways is so insane.
Just buy and hold, you will make massive gains like that alone. Im all about getting rich and taking risks but cmon, shorting bitcoin? bitcoin is only going up you dickwad shorts, don't you see the potential to go up is massive compared to going down? Shorts will never learn.
shorters made insane amounts in 2014-15. holders were throwing money away by taking the safe route. the trouble with humans is that they get married to one mindset and blow it eventually unless they can admit to themselves that the market is doing something they don't want it to. Sure, shorting can work, but what when it doesn't? In regular forex, people can end up in debt, not sure how shorting works in poloniex. Anyway I don't like it, you never know when something will go down, you never know when to stop the short. Buying dips and holding long term is what has worked to me so far. |
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55k Bitcoin in a short position ? Holy mother..  55k contracts. IE $5,5000,000 which is 5.5k BTC and he's probably using 10x leverage so 5.5k/10 = 550 550 bitcoin short I hope this guy hasn't killed himself yet. Shorting is so fucking stupid unless you are George Shoros himself managing insider information, then you could be able to take big shorts, but those guys gambling in such suicidal ways is so insane. Just buy and hold, you will make massive gains like that alone. Im all about getting rich and taking risks but cmon, shorting bitcoin? bitcoin is only going up you dickwad shorts, don't you see the potential to go up is massive compared to going down? Shorts will never learn. |
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Yep. We walked right through it! No time to make a fancy graphic  People are still in shock. We achieve the impossible: Recovering for actual death, rising from the bottom, and standing stronger than ever before. Bitcoin: the strongest asset that ever existed. Books will be written about it. Now there's no limit. It's anyone's guess how high it will go. |
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People should promote local products and be proud, it would a good way to have economic progress for any country. Stopping capitalism will help to balance the socio-economic hierarchy.
Capitalism has demonstrated that it is the only successful economic theory, with its competitors collapsing by the roadside over the last 100 years. Even China, which at one point was incorruptibly communist, has moved on. I think it is a bit too late to be talking about 'stopping capitalism'. Yet, Chinese capitalism is what will be its downfall. Sure, they may be growing out of control, but perpetual growth is a myth. They are destroying their air with polution, tons of people get killed in all sort of accidents due shitty quality on machines and all sort of products, people keep getting constricted into a life of total slavery for pathetic wages. The only chinese doing good are the ones that make business with the western world, the wage slaves are fucked. |
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I think the opposite will happen. If bitcoin grows, the market opportunity for the smaller alts grows with it.
In the short term, the price is held down by the fiat value, but the bigger cryptos become, the less relevant that will be.
It is generally understood that the price of BTC going up always means that it's going to be a shitfest for the altcoins. Altcoins always go red when bitcoin goes up (except some exceptions, which tend to be stupid random pumps rather anything fundamental) so don't hope for big altcoin gains: People always sell their alts for BTC. |
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Every relevant dark market website, as far as I know (now that I ever go on the darknet, just judging by the news on crypto sites) bitcoin is still king of darkmarket, so all that hype about how darkmarkets going all in on monero from a couple months ago were mostly that: hype, a short lived pump and dump. Right now, I see no reason to diversify on Monero, im all in on BTC and im doing great. |
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Hi everyone, I've been around for a while now..
I've seen a lot of posts positive and negative about Ethereum.
At the moment I am holding Bitcoins, but I have invested in some Ether as well.
Now I am wondering, what are legitimate concerns about Ether (except for IPO, as I've already read this in a lot of posts).
So can anyone bring real other issues to the table, to enlighten me (and maybe a lot of other readers?)
Thanks!
Ethereum I say its good because the value is at ease and nothing change only the projects is slowing move but it is still moving in progress. and criticizer of ethereum is just a part of ethereum success in the near future. I think a lot of projects are gone quiet. More testing and security. Early launch with a code oversight could be a disaster. The security is more important. The only thing about ETH that gives me hope for future pumps is that it's somehow backed by big pockets, big brands are behind, for some reason they want it to succeed. But I don't trust it long term because it's going to screw up again in a hard fork or another DAO fiasco. |
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There are two alts that i think will be successful in future Brust (mining with spare HDD space) and Byteball (new consensus algorithm, untraceable payments).
Isn't Factom already doing something with the HDD space? Maidsafe also works with HDD space. I have no idea about Byteball, from what I've heard, sounds too good to be true, must me something about it we aren't taking into account. Also, the coins are being distributed to bitcoin owners for free as far as i know, or some %, this may cause a big dump. |
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ZCASH definitely a unique product new. But I'm interested in where the bottom in the coin? What will be the lowest price in the coin?
I guess 5 or 6 dollars, after that we go up I hope The price will not go that low. The bottom could be $20 to 30. We don't really know. This coin got it backwards... it started at a ridiculously high price, then the price is slowly diluting as more and more new coins enter the supply, and we are looking at a price that constantly shrinks, as the supply and marketcap grows. Who the hell wants to put money on this thing? |
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It's not that China isn't relevant anymore, they are just waiting out how the actions of the PBOC will play out because there is definitely more to come. Other than that, depending on what exchange you use as a benchmark for the ATH, it will be possible to see a new ATH within a month if the ETF turns out to be approved. It's less than $100 we need to eat through in order to set a new record price. It feels fantastic being a holder with Bitcoin having so much upwards potential.  China was all smoke and mirrors, their volume was fake, they no longer control anything. Their hashing power is also a scam, there are a lot of different mining pools that are owned by the same idiots which btw continue to not signal for segwit. China will sooner or later get deprecated, their ONLY strong point is that they get cheap eletricity. THAT IS LITERALLY ALL. All good coders, innovation, etc, is not chinese. China is only making us lag behind in bitcoin adoption by not signaling for segwit, that's all. They are useless. |
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No surprises. It is highly expected when we were seeing strong prices trading around $1050 levels. But luckily the physiological resistances around $1100 got easily broken and prices are trading around $1110 right now.
i always disagree with the term "physiological resistances" because i believe there is no such thing. and the only thing that i could say can come close to a "physiological resistances" is the $1000 barrier because for one, price is usually evaluated in USD not much in other currencies like CAD or EUR and also it is the barrier between 3 and 4 digits. but that is just trying to explain something that doesn't exist  In my opinion, "physiological resistances" are very real but only when it comes to very round "nice" looking numbers, so that's $1000, $2000, $3000... And we crossed confidently the $1000 barrier, which means the only thing separating us from $2000 now is the ATH. Once the ATH is crossed, big time FOMO will kick in, the party begins. |
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What do we need to do to make 1 Bitcoin cost 2000$?
Do we need to invest and hold?
Do we need to make Bitcoin businesses?
Do we need to write more articles about Bitcoin for top news websites?
Do we need ask top 1 Youtube Blogger "PewDiePie" to promote Bitcoin?
Do we need to do it all?
What cause Bitcoin price to increase?
The more demand we have the bigger the price?
So we just need more people buying Bitcoin instead of selling?
We don't need to do nothing but buy and hold, the rest of the people will eventually catch up and get in. Don't hope that western people will start using bitcoin daily until they get fucked by the cashless agenda in 10 or 20 years. We can't have an every-day usage by the average joe bitcoin without LN anyway. |
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Bitcoin has alread been de-Chinalized, look at the OkCoin price difference with all the other exchanges, they are already lagging behind with up to 50 dollar difference in the price, its clear that china is no longer a driving force in bitcoin, their time is over. The PBOC attacks are not effective anymore, we are going up and nobody can stop this. 21 BTC holders will be rich in 10 years, it's pure physics.
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