sell teh news - well sheepfarm over here

let us see if we are above 270 or not tonight - I have an assumption but probably the market is more stupid than one could imagine

we can start discussing about bytecoin when you guys decide to burn the 80% hidden mine.

if there is a chance for a second currency besides bitcoin it will not be a coin where almost all supply is hold by a group of 10-20 people.

I stay with my prediction that it will be monero

most interesting question for me now is who was responsible for the crash a week and a half ago ?

as written in the winklevoss exchange.

one of the most legitimate critiques on btc is the bottleneck problem as the way btc interoperates with the fiat world.

having an exchange, which is trustable due to regulation minimizes this problem. we will probably see another group of traders and investors when this exchange lifts off.

yep horrible news - one does not get busted by the exchanges so you only have to buy your bitcoins once, not twice or three times

less demand

sell all your coins  

can someone post the whole article here

regarding time fram (semi-speculative).

I remember lawsky saying that he expects a regulated exchange soon aftern bitlicense goes live, I think he even said around march.

I'm too lazy to look it up now but I think he said it in the course of discussion of the improvement of the bitlicense (around mid-december, maybe little earlier).

if he meant this exchange is written on a different piece of paper

if they do not fuck it up it is quite big news.

one of the most legimate critiques on bitcoin is the bottleneck problem, e.g. the point where the system interoperates with the fiat world.

this was up to this point valid, because you had to trust exchanges, which were run at best in a grey area of jurisdiction. these exchanges were almost solely responsible for the external price determination of bitcoin.

if they manage to reduce this problem they really strengthen the ecosystem of bitcoin.

yep all fake and hoax,

it is so fake that one of the twins posted the news with his verified reddit account

you guys are aware that building infrastructure is not a fingersnip aren't you?

go to the altcoin landscape, there are wonderful technological advanced currency maybe far better than bitcoin at its core which fail brutally.

that bitcoin fails like an altcoin will not happen and in the case it will be replaced it will take enough time that everyone here will see it - the altcoin having the plan to replace bitcoin should really really hurry

since all this price discovery games are psychological/sociological and at this point completely detached from the fundamentals I think we buttomed - even in the case we did not I think it is a wonderful time to buy because I assume we will not see a long term price level far beyond the current one.

if you explain how to clone network effects: yes i think it is doomed.

before that I think we are sitting on one of the most interesting disrupting technology one can imagine.

the only question is if bitcoin can hold its omnipotential state; networking much stronger than any other cryptocurrency out there and therefore not giving any place for altcoins

at this point of time my answer is yes with some reservations (this changed from a strong yes) - there is this wonderful post of Peter R in the altcoin observer, which lead me to this conclusion.

regarding cloning or diluting, value of cryptocurrencies is derived by network effects, not technological advancement. I wish a central institution good luck with creating private money or a cryptocurrency, when it is known that a decentralized consensus can basically do the same and is existent.

afaik your information regarding counterparty/ medici are at best misleading. they will run medici on top of counterparty.

keep up the good work on xmr, if there is place for a second big currency it will be this one .

we are simply in a bear market where everything is put in question.

every persons which is not completely blind can see that we are in a bear bubble.

the announcement of coinbase is nothing but huge; not the amount of raised capital but who is giving the capital.

I assume we see a massive change within the next 1-2 months and me for the very first time believes that this crash was not driven by free markets but by massive manipulation

if this guy rephrases correctly it will be build on top of counterparty

https://twitter.com/AdamGuerbuez/status/555211459010256897

this does not sound as bullish as the latest post.

I assume some people here know what is happening - I do not.

Then I think you overestimate the current speculation rate regarding btc probably as well as xmr.

XMR has three main problems, it was priced way too high in the beginning, it was started in a bear market and until now just run in a bear market additionally it has for an altcoin a bad risk/reward situation due to high inflation.

nevertheless it has the most unique feature in the entire cryptospehere - it combines neutrality, privacy and decentralisation and probably being the first mover here.

I will only sell my stash if I see a different and better way to achieve the three points. I thought a lot about this issue and I think it is not possible to achieve this uniqueness in a different way.

My almost entire milieu is full of people that are studying or have finished their studies. none of them can explain you properly what bitcoin is - some have a vague idea.

they are in their mid/end 20s, excellently educated (most of them economists or mathematicians) and they live in one of the richest countries in the world. all of them are used to facebook dropbox, online banking etc. pp.

I assume that at best 1-3% of the developed world have a proper understanding of this stuff.

the most interesting thing that happened in the last days is that the gap between btc-e and the other exchanges closed.

lol even leading at this point of time.

well ripple would be the last token I would pump but anyway.


this market is gone full retard

we are getting closer