Altcoins gonna suffer for a while during the next leg up above $1200 Liquidate some altcoins now and buy up all the bitcoins on sale. lol, that's the best gif I've seen in a while here
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Lambie obviously spent a lot of time and effort in her trolling. If it weren't for her obnoxious obsession with pedo crap, geriatric porn, etc., and her personal attacks, she could have been one of the all-time greats.
It's pretty hard to laugh with a mouthful of shit.
Lambie, like a mind caught up in a vortex that it cannot see, spiralling endlessly.
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I am aware that pennies only have a thin shell of copper. I still think that small amount of copper is worth more than 1/100th of a cent.
I was not aware you were referring to 1/100th of a cent as your post implies 1/100th of a dollar. In any case, Coinflation.com gives a value of $0.0003686 for the copper, so 3.7% of a penny.
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It is already the 2nd most used crypto world wide next to BTC. Check STEEMs transactions. Also 3 second block times...near instant transfers.
Better to focus on that. Better yet to focus on how that is probably bullshit.
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In fact, the penny is worth more; as the copper holds more value than the coin or the bill.
This is only true for older American cents that were made entirely of copper. Newer cents are a copper alloy, and their melt value is less than their face value.
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At these price levels, any news of that kind may induce the massive selling. The technical indicators are overheated and it would be healthy to cool them down a bit.
Yeah, I see it as a healthy flush, although I thought it was going be due to China or the ETF rather than Cloudflare. Time to get some of my lost 131BTC back! SODL hard.
As always: buy high, sell low!
I'm surprised you'd even bother for 131. That's like, what, a day's salary for you, or your weekly Swizz grocery bill (or so you brag)?
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Whoa, thanks for the link. Was wondering what had triggered the drop.
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This is just a joy to watch. It's an invigorating feeling watching it creep up to within a hair of its ATH on Stampy. After all these years we've persevered, finally the time appears to have come...
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The ATH of $1163 is also a "done deal" even though it has not happened yet..
you don't hear me say those kinds of things too often..
And maybe pretty much $1200 is a "done deal" too.
I would be quite surprised if they do not play out in the coming hours.. days at most.
Yes, not to invite hubris, but we've come too far now, I think, not to break the ATH. I hear a lot of chatter about cup and handle formations, but all I see is an 18 month trend-line that it yet to be broken. Market cap is already off the charts, price could surely follow. I thought no one else was watching! I think a train or even a rocket is probably justified. I am just too British to be so brash.
*polite applause ensues....
By George, another Englishman. We must be multiplying.
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1139 quietly matched.
...and as I type
1140!
New three year high on Stamp. Hell yeah.
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Thumbs up for the brighter red - you can visualise the data very nicely with that extra contrast. Only one more day to pass before we reach a daily weighted average ATH. Yahoo.
* yefi high fives the Jimbo
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But China isn't present to dump. It's hard to imagine what else they can roll out at this stage. Everywhere else is slowly disconnecting from China. Maybe a few Chinese folks have migrated to Japan for that zero fee fun so they'll have a go there, but not many people elsewhere seem to be paying Japan much attention right now.
Their arsenal is certainly depleted. Unless they go nuclear and raid miners/seize equipment, I don't think they can really affect the trend now.
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1100 USD. If I were a bear, my palms would be starting to sweat around now and I'd be doing things to try and distract my mind.
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Great work on the stats Dooglus, although I do worry the dataset will end up growing enormous and unwieldy if peeps keep requesting additions.
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if you recall sometime in mid December the new 13 week vesting schedule went live (as opposed to 104 week); thus you can expect at minimum 13 weeks of massive sell pressure; I guess we are at week 8 or 9 right now... Probably by April 15th most of that sell pressure will have petered out.
it will probably go down a bit more, and if btc goes up a lot it will get slaughtered like every other shitcoin.
The founders' voluntary halt on powering down will end the beginning of March - I expect more dumpage.
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New ATL for Steem in BTC today. The disinflation rally is officially over.
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this week has been terrible, all the sideways movements makes bitcoin price a headache.
That's a new one. I thought it was all the ups and down that made price a headache
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Bitcoin's intent was to be a digital form of cash. It is both a currency and a means of payment processing. This was pointed out right in the whitepaper. Even if Bitcoin now fills a different space, its outward intention was to function as both a currency and payment processor.
Now don't get me wrong, Bitcoin can scale [not to the level of Visa I don't think], but it is highly likely it will not in any substantial way. If a dynamic block size is implemented along with blockchain pruning then we could see many times more transactions processed per second, but just a basic increase [not even looking at pruning] has not made any meaningful progress towards consensus. And even if the network could handle it, how many of you actually use Bitcoin to buy and purchase goods and why not just use any other payment processing network?
Bitcoin is not about high throughput, it is about security and trust-minimisation. This is what gives it value over traditional systems, and why we sacrifice computational and energy efficiency. Throughput should be left to peripheral networks, that use Bitcoin as the settlement layer. The lower fees, faster transactions, and still-better-than-VISA security should increase Bitcoin's appeal in payment cases where it is presently disfavoured.
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