hang on. Dow futures -20.
I have a question... Everything seems to be going down (except bitcoin, but I exclude it here because it's negligibly small). Where's the money going?
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please don't do that... ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.cruxcatalyst.com%2Fwp-content%2Fuploads%2Fseagull-sign.jpg&t=663&c=AVNdMsTEGb2R6g) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FJtguBR5.png&t=663&c=7-zqTGCzISpzRw)
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Why is coin horizontal. It should be vertical. No wonder BTC is stalled. Because of the view: the buy wall would block the view of the sell wall (or vice versa)
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traders are dumping and buying 100k per day? can you point me the source of this? i don't really care about the demand and supply but only the supply so i can compare better the reduction in the "mining supply"
if it's indeeded 100k per day than ok 1800 is nothing to that lower than 2% and will cause a 4% up in demand like you said
You're looking at it the wrong way, I think. It doesn't matter how many coins are flipped by traders each day. What matters is the net demand and net supply.
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I expect exaggerated expectations.
Zoom out! I expect a 10x price increase. It might start a couple months before and take a long time after having day to play out fully (like last time it took half a year or so). Right after having day itself I wouldn't be surprised to see a sizable dip even. a 10x increase from current price? nah, surely not. i expect such predictions to come from newbies and other people who are not realistic. definitely not from a member as you. I know it's a bold prediction. Predicting outcomes everyone thinks are likely is lame... We'll see... Edit: Yes, From Current price. so 3000 USD/btc Edit2: if my Prediction comes true, people will probably deny that it was an effect of the halfing. Like last time they will come up with explanations that make for a better sorry. Like cyprus, lol.
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If bitcoin won't be obsolete or worse by then, I expect the seller pressure to be halved soon after the block halving. Several months after this, price should peak at 10 - 20 times the level at the moment of halving.
I hated you as a bear. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You were mostly right, though. I pretty much agree with your view about the effect of the halfing.
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I expect exaggerated expectations.
Zoom out! I expect a 10x price increase. It might start a couple months before and take a long time after having day to play out fully (like last time it took half a year or so). Right after having day itself I wouldn't be surprised to see a sizable dip even.
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Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish
For a permabull the market always looks bullish. Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag! if you just look at the chart BTC is currently for the first time really in a bullish phase... The problem is there is nothing fundamental backing this Bull-trend up like Interest rate decision etc. pp. There's fundamentals backing up of long term bull trend: - fiat QE and the debt mess combined with BTC limited supply
- useful integrated payment network (uncensorable, hidable)
- people start to 'get that'
add some time to that mix and you'll have quotes like damn, I wish I was one of those early adopters buying bits in 2015 at 0.0003 USD/bit
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Is bitcoin connected in any means by SDR (The supposed to be New Word Currency) ?
No, but imo they should add XBT to the SDR basket instead of the renmimbi.
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Anschnallen, es geht upwärts!
uiui. jetzt wird's interessant.
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So now I'm in the process of rebuilding the server's db because apparently mine was incorrect, it was giving the wrong hash.
But the server hangs during block import every few blocks and I have to kill and restart it.
Are you sure it hangs? Can you look at cpu and io load during the "hang"? First time I built the db I thought it was hung a couple of time, too. But it really wasn't, just taking very long. I ended up using a db download.
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Wenn wir über 310-315 bleiben dann sieht es sehr bullish aus ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) sehe ich genauso. 315 ist ein knackpunkt, wenn wir den packen sieht's echt gut aus. könnte mir aber auch vorstellen, daß wir nochmal in die 270er oder sogar auf 260 runtergehen davor.
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Small blocks equal small minds.
lol, small blocks equal smart minds. (contrary big and stupid) Small blocks, small dicks. Does your mom know you're staying up late and sneaking on to her laptop just to act like a jackass? Here son, have a clue: The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004 Oh yeah? So adding complicated stuff like sidechains and lightning network is making bitcoin code smaller?
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BTW: Homeland Security was storing all the seized Bitcoins on a Trezor that they either purchased or seized from someone else!
whuuuut? how do you know this?
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^^charttechnik aus dem vorigen jahrtausend. funtioniert immer noch weil es menschen sind die da handeln oder die die algorithmen konzipiert haben. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) noch so ein simples pattern, "the bull flag" (gibt's da 'ne gute deutsche Übersetzung?) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FgI6piex.png&t=663&c=l7lDAovkpeWuDA)
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France's biggest bank BNP Paribas is planning to add bitcoin to one of its currency funds, a move which will be announced in the next couple of weeks, according to a source at the bank. If they actually do this... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) depends how many they add. 1? 2?
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I'm not a trader or TA fan or something. But what about this: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FmBZunY4.png&t=663&c=nWT23gj64l7W5A) yes, 2 cup & handle patterns. I give 60% chance of the second one playing out (like the first one) And where are gox bot now? I dont think about 1000$ in 3 months Haven't said anything about a target price. With "play out", I mean it will follow the pattern and "break up".
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localbitcoins 900 a piece
ouch! just hold on. Friend of mine held on for 2 years before going into profit zone.
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^^charttechnik aus dem vorigen jahrtausend. funtioniert immer noch weil es menschen sind die da handeln oder die die algorithmen konzipiert haben. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) jep, je einfacher das Prinzip, desto besser funktioniert's, wegen breiterer Verwendung.
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