Black and grey markets are the only things holding value in bitcoin.
Another shill claiming Bitcoin is only used by rapists and murderers. Bitcoin is used by anyone that wants to escape neo-feudalism through usury. Kind of ironic that proof of stake is technically a permissioned ledger and not a decentralized currency, not secure, and also brings back usury, right? |
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Original poster is an Eth shill that's underwater on his crashing investment. Look at his post history. Now he's making up bogus posts on here to try and save his scamcoin.
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Awesome. Can't wait for ETH support to bring in the drooling masses!
I wonder if Poloniex will get around to adding an ETH/XMR pair before Bitsquare makes them obsolete...
I doubt it. What is more likely, Polo will remove XMR market and replace with ETH one. More and more often i see ppl asking why there is even xmr market, when xmr has so low volume on polo as compared to eth. Because Eth is likely wash traded with backroom deals by poloniex staff to give them non-public rates (which kinda makes them in on the scam). https://bitcointalk.org/index.php?topic=1473947.0 |
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Once people make it to 10,000 posts without becoming a millionaire, they start scamming. Come from Beyond, Death & Taxes, you name it. |
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I get an email manifesto from him that could have been written by Ted Kaczynski aka Unabomber
Unabomber manifesto was pretty good and a lot of it is spot on. A lot of it is somewhat related to the idea of transcendentalism: Transcendentalists believed that society and its institutions ultimately corrupted the purity of the individual, and had faith that people are at their best when truly "self-reliant" and independent. Due to: Self sufficiency = zero sum game against nature Vertically integrated civilization = zero sum game against each other to see who gets the most, which usually results in trying to fix that terminal, soft form of warfare against each other with socialism, another dead end. |
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blah blah blah
You are a paid shill account. Everyone knows it. Stop being a moron and pretending like you fool anyone. All it takes is anyone clicking your post history to instantly discover it. You were even shilling saying Bitcoin would crash when it was $200 and up to $500 it goes the next day. This isn't the $10k thread. I think a $1600 price tag is realistic eventually, though I don't think it will be soon.
It's obvious Bitcoin will be used for more high value transactions in the future whether it be for things like houses, yachts, million dollar art auctions, settlement purposes, or just people using it as a counterparty risk free version of a bank. $10k is hardly a high estimate. The only option I see is that Bitcoin will hit $600 billion or higher market cap at the very least in the future or it won't exist. |
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Ethbutters on Bologniex seem to be very confused that there's a new IPO pump and dump scam in town named Lisk. The Eth pumper originally thought he needed to manipulate BTC down with big shorts on Finex in order to pump Eth upward. Now he's realizing other IPO pump and dump scams like Lisk are just as big of a problem to compete against.
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Serious question: Our Bitcoin committee is trying to decide which of Bitcoin's twin greatest minds -- r0ach or JJG -- to nominate for the coveted Nobel Brain Prize in Smartitude.
Frankly, we're torn. Our complicated and pricey laboratory apparata has failed to conclusively differentiate, via rigorous application of scientific methods and procedures, the greater of the two minds, due to them both being so ginormously huge.
Our team is tempted to nominate them both, but we worry: Would forcing two sovereign individuals [who are not gay] to share this, the highest of accolades, dilute and/or cheapen the experience for them?
Thoughts?
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Ok, that's all I wanted clarified. Thank you
There was my original, probabilistic halving forecast: Nobody can really give a good estimate on that because there's way too many variables. For instance, the upswing always tends to overshoot, so even if you weren't optimistic and believed the price could only hold stable at $800, it would probably still reach 900-1000 for a while. But once it broke $1000, the media would unload about 5 million Bitcoin stories that would FOMO it higher. The second you break both old ATH and gold price, here comes more media stories and it happens all over again, then up to like $1400-1600 you go. There will obviously be some people shorting at $800, and there will obviously be people trying to short squeeze them there. Anyone shorting there is pretty much an idiot since there's plenty of entities with 100 mil in the bank in Bitcoin that may or may not attempt to strongarm you at that point, so you might as well be throwing darts at a dartboard. Never try to short a breakout trend. God, shorters are idiots. So yea, I figure there will likely be an attempted short squeeze to $1000 or more, and if BTC manages to break ATH, then all bets are off and you can get into just insane numbers. For the most bearish scenarios, I think it will still go over 800. It's just too hard to call when all you have to do is break old ATH for literally one nanosecond, either through the normal market or a short squeeze to put you into an entirely new ballgame. The real question to ask yourself is, at what levels do you think the market would be overextended and you would want to temporarily dump at? The answer to that question is, there would be no point to do so at 800. At 1000, the media is pumping it for you and you're in easy striking distance of ATH and insane FOMO, so still no point in selling anything. If you hit 1200, well, at that point the press coverage is going to be so big it will be forcing central bankers to consider adding it to bank reserves again like so: http://www.coindesk.com/barbados-central-bank/All I can say is, keep holding unless you see a triple top that's far above $1200 - shout out to In-Q-Tel, Larry Summers, and the Chicoms who will be helping pump. |
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Ether being scamcoin does not save BTC from dead
Nobody else in the general world actually cares about small cap altcoin IPO pump and dumps. All those will fade into obscurity while BTC will still remain. |
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Reading these people's posts is pathetic. It's just like that scammer Fred Ehrsam from Goldman Sachs that now works at Coinbase. They're trying to hype Eth because he's INSIDER TRADING the knowledge of the exchange he works at adding the coin. Now all these fucktards are trying to hype it to find someone to dump on. They thought that insider trade would be a sure bet, yet when they pumped it, it instantly collapsed. Now they can't find anybody to dump it on before BTC halving. Fuck these Goldman Scammers. This garbage hype they type has no basis in reality. Look at this nonsense: If you were to chose on the basis of ethics, you would chose Ethereum
If you were to compare on status of Foundation status, you would chose Ethereum
If you were to compare on status of long-term economics, you would chose Ethereum
If you were to compare on the status of genius, you would chose Ethereum It looks like a fucking car commercial and they just replaced the word Ford with Ethereum. |
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total and utter bullshit
MatTheCat reverse indicator is in. Dollar crash confirmed. |
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the big wow factor will be when >75% hashing power + economic majority HardFork bitcoin to 2MB blocks.
It's already going to 2MB blocks + segwit with 2017 hard fork anyway, which should be an effective 3.x MB block size. That's why there's not much of a reason to make a big deal out of it unless someone tries to renig. Also, weak blocks make raising block size not an actual problem and weak blocks is already planned here: http://coinjournal.net/blockstream-president-adam-back-shares-roadmap-scaling-bitcoin/There's not even any argument that Bitcoin will or won't be scaled, it's just that people believe core is doing it too slowly, but that's just how it is when you actually have to develop and test things first for something where if you make a mistake would implode billions of dollars. |
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So, you can use data that is 3 years old to justify your opinion, but when Matt or I do it, "Bitcoin is not the same as it was back then"? Double standard much?
Mat doesn't even do TA. He draws completely arbitrary lines at random while ignoring things like the marginal costs of all mining participants averaged together having a relation to price floors. There is a supply and demand dynamic on the other side of that equation, but 75% of Bitcoin has already been mined, the rest takes a long time to mine, and post halving inflation is 4%. The market has already absorbed most of the supply. Everybody knows what happens after a market has a long bear period (the decline from $1200 and then the $200-420 level of long protracted sideways movement). People always attempt to corner the market then explode the price upwards after. Going from $230 to $420 is not what I consider a big movement for such a long, drawn out accumulation period. We all know the big, post-bear market move is yet to come. You can easily have a +10x shooting star coming out of those bear market lows.
+10 x like $4k? If that is what you meant, I seriously doubt someone is going to just buy like that. That would be a worse move than a 5% dump at market. For the dumping side, it is arguable that if you have a shitton of coins, that 3-5k dump is just a small portion of their coins and the slippage is not much in relation. But to buy out the order book in one go? I just don't see that kind of thing happening, ever. Man, come on. Shooting stars have build up periods. I didn't mean straight from $450 to $4000. Of course, the max people can take it to might be something like $2000 since that's a 10x off the bear market accumulation period. So, maybe you dump at $2k and it turns out well and you rebuy at $1600 or something, or maybe it keeps going higher while you watch and smash your keyboard over your head. |
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