Notice over the last few months BTC may hit a pot hole or 2 or a dip in the road, but what's different these days, is it gets quickly back up to speed and carry's on. Didn't used to do that.  I think that change is because now there is more "fast funds" available. There are many more exchanges available and also LOTS of funds on the alts markets. Before, it was needed some delay for funds to be transferred from banks to exchanges, now it's just a matter of switching coins when Bitcoin "gets cheaper". Also there is a giant pressure upwards fueled by the crazy rise alts have had in the last couple of months that almost make Bitcoin be incredibly stable (and undervalued) in comparison. Ie: Ripple 1/4 of Bitcoin's market cap? What sort of joke is that? Ya you pretty much nailed it. Lots of cash in alts and which I have always felt is an underlying stability factor for BTC. And ya fast funds has to be some of it too, I hadn't weighed that factor yet lol, and then there's ripple Yep all that money in shitcoins is waiting for a "correction" to jump back in. So what will happen if they don't see that correction  |
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I guess the demand was under estimated upidy up we go again.
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Now gotta wake up every morning and pray the price hasn't crashed.  Simple, just don't sleep  |
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Blow-off top incoming.....could stretch out to 1900's. i still say we retest the 1300 breakout zone, but who da fak knows...it could launch.
There just no coins left for sale across most exchanges. This bullwhale ate it all Finex got BTC646 till $1990 stamp got like BTC1k So, straight to 10K ?  It wouldn't take much to create hysteria, and Bitcoin hodlers are an odd ideological bunch so many won't sell at any price. Under right conditions i wouldn't rule anything out. At this point we broke through the resistance of market makers and their bands and are now just free floating. |
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Blow-off top incoming.....could stretch out to 1900's. i still say we retest the 1300 breakout zone, but who da fak knows...it could launch.
There just no coins left for sale across most exchanges. This bullwhale ate it all Finex got BTC646 till $1990 stamp got like BTC1k |
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Good morning, gentlemen. Still at it I see?  The good ole days. I hope we can laugh about it now. He really was a professional. I member, 280 and bellow did hurt...for a bit. Not sure if i'd say s/he was a professionally but s/he was definitely something. Where did Stofi go is he still around here? Jstolfi is active on r/btc, the BU crowd loves him. Huh so he finally found his crowd. Thought he'd get bored singing to a choir there. On a side note, Segwit on LTC is a major win for core, r/btc will need bigger guns to put a negative spin on that |
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Good morning, gentlemen. Still at it I see? The good ole days. I hope we can laugh about it now. He really was a professional. I member, 280 and bellow did hurt...for a bit. Not sure if i'd say s/he was a professionally but s/he was definitely something. Where did Stofi go is he still around here? |
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Someone big is moving in and sucking all of the liquidity out of the markets. $2k is on the radar on Finex and only BTC1400 away. People are hodling on to their coins, and the weak hands a running for the Alts.
btw any word on when if ever they'll be fixing their withdrawals?
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Weren't we suppose to get some kind of an announcement from Finex by Monday? oh and on a separate note they're about to cross 1750
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What is happening with Btc-e ? Used to be behind every exchange
Any idea ?
Yes. They used to lag behind because it was extremely dificult to make deposits there. What has changed? Well, now there is a LOT of money coming from other coins (eth, dash, ltc, ...) so trader there are faster reducing the spread. If it is coming from other coins then the price of other coins should have been dumped but that isn't the case here True, but BTC-e's order book is so thin it wouldn't take much to move it. They only have like BTC500 till $1800 But if i had some shitcoins i wanted trade for BTC i'd probably go with the best rate too |
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Who here is old enough to remember BTC dominance?
Drop in BTC dominance, should wake up the miners and cause them to loose a lot of sleep, but seeing how short sighted they are with their BU push they're probably celebrating the recent rise and will continue with their power grab. |
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The price rise from 1200==>1600 was mainly artificial, thanks to the liquidity squeeze from bitfinex, which the other exchanges chose to follow like lemmings.
True, there are a lot of new institutional investors and overseas investment. But not enough to raise the price that high.
I don't know how you could call this anything but a mini-bubble based on artificial bitfinex prices.
Look for a correction down to 1400ish
And what you call the shitcoin rise then? Natural? Sustainable? In terms of finex their will be an announcement coming on the weekend or monday at the latest. 1400 would still be a very good level for a bottom. Agreed. It's naive to think that largest exchange stop processing withdrawals in USD doesn't have any effect on the market.They retired their BFX token, introduced a ton of liquidity in people's account and then made BTC the only way to get out. Otherwise why would there be a $100 spread? Shitcoin rise is dumb people "traders" calling tops and thinking of alt coins as diversification just parking money there instead of USD waiting for a "correction" to jump back in BTC. Or those are my 2c Edit: But the good thing is, the gap between Finex is starting to close before announcement. Maybe someone front-running an announcement |
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Fascinating. From OP - This transaction:
is 1 MB in size,
has 273.99971476 BTC in fees,
contains 99,940 zero-value anyone-can-spend outputs,
can only be included on the blockchain if the maximum block size limit is raised,
creates a direct incentive for miners to upgrade bitcoin.
(emphasis in the original) Life just gets more and more interesting. On another note, I thought nChain was just Wright's company. I didn't realize it was also the name of a competing blockchain. For all that matters miners can include BTC20k BTC and it still won't make a difference. We all get it miners stand to win big on bigger blocks don't have to shove it in our faces |
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Thx Lauda, unfortunately the pic doesn't work anymore, i think the price is to high with all those extra zero's  I like this one more over the previous version |
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Full retard mode engaged? It'd be so much better if not for damn finex
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Wish this would happen with finex trading for real dollars
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Bitcoin is just like a good tv show, we're now at episode 234.
Jihan Ver VS the users.
In this episode Jihan Ver installs a secret kill switch "feature" in majority of bitcoin mining hardware, and spins it alike a feature on your smart phone that enables you to remotely wipe your data. You know so when someone steals your antminer they won't have access to your nudes and private data that you were storing on it  non of this makes any sense to a person with IQ higher than a rock, but will users buy it? Stay tuned to find out after these commercials... |
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We designed a feature, that would allow us (or cloudflare or our nameserver registrar or anyone hacking them or any court/law enforcement with jurisdiction over any one of them) to effectively shut down BTC (bring it to a halt) with one line of code. And then unintentionally merged it into production code, siwwy us, its only a bug and the decentralized crypto currency community should not be upset.  when is the damn movie coming out? Eh? Care to explain? Gee do i have to spell it out? https://blog.bitmain.com/en/antminer-firmware-update-april-2017/In BTC ina miners we trust!!! |
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We designed a feature, that would allow us (or cloudflare or our nameserver registrar or anyone hacking them or any court/law enforcement with jurisdiction over any one of them) to effectively shut down BTC (bring it to a halt) with one line of code. And then unintentionally merged it into production code, siwwy us, its only a bug and the decentralized crypto currency community should not be upset. when is the damn movie coming out? |
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Blockstream are aiming to be the Federal Reserve Planners of Bitcoin and you guys are bitching about BU, which is all about returning to Satoshi's original scaling roadmap of on-chain scaling.
Jesus, is there any hope left for Bitcoin at this point?
The community is grade-A retarded.
Nope no hope, community is retarded, but even retards have enough math skilz to realize that on chain solutions won't work. i.e. you can have 200MB blocks and not even cover the transaction volume that Visa handles, and still have to wait 10min to get to a next block but at least you finally got rid of that decentralization thing mathz are hard |
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