The Ethereum price broke below 0.014 bitcoin earlier. But the dollar price is still above $10.0 now.
My instincts are telling me sub 0.01, but I'm hesitant to listen closely to them given the number of unexpected rallies (and whales) this thing has. |
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We are now fully rounded individuals who have been like battered housewives for the last three years, too afraid to express our true feelings. I might grunt approval if we hit $1 mil by Christmas, but probably not.
I just rock back and forth in my chair and mumble incoherently to myself. I seem to be getting richer from doing it. |
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When will you learn?!?! Price is up 300% in the last 4 hours. People who bought this morning (like me) tripled their money in a few hours. Some of us are in this for profits, not for whatever you are in it for.
Sure, I've been playing these moves too, but obviously you want a coin to be trending upwards to make profits going long. The hyper-inflationary environment makes this a dangerous game to play. |
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For a country that imports more than it exports, a weakening currency is bad. The loss of revenue from the increasing price of imports will trickle down and start affecting the general population. It's really bad for savers too (if your savings are in gbp of course).
The only UK companies this is good for are those that rely heavily on exports, preferably using resources that they buy from within the UK. A strong sterling would merely prolong the balance of payments deficit. A weaker pound increases labour competitiveness and encourages exports. It is a sledgehammer of an instrument, but to call it wholly bad is to overlook the pre-existing malignancy. |
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I think you are confusing Zcoin with an exchange. Then you think wrongly. |
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just wondering if this is the single biggest drop in crypto history. Went from 3000 BTC to 0.81 BTC right now. what is that like 3800% loss? This coin is straight bananas.
I think it's certainly in contention for that place. Auroracoin only dropped around 3000-fold according to Coinmarketcap. I heard Roger Ver is backing Zcoin. anyone can confirm or deny pls?
Roger Ver supported Gox, so... |
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It's probably an extra 5000 members an hour trying to login that caused it. Everyone's suddenly interested in Bitcoin again now it's pumping.
In terms of popularity, Board Stats show a lull, and Google Trends has only showed a very modest uptick. This could well be a good thing, however, as it shows potential for explosive growth later on. |
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In as much as I dont see any joy in what OP is trying to achieve here as a result of this post but I also know that the down of today is not necessarily a permanent down. Even Bitcoin of today has had its own down time and I am sure so many people would have lost hope on the coin as at that time but Alas today it has gone as high as 711 dollars it could end the day higher than that, or even lower than that. For holders of Lite Coin, its a down today, tomorrow could be a high up...
The OP notwithstanding, breaking an atl is a bearish technical signal. Expect lower lows. |
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Wouldn't want to be at the back end of that train  |
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I just noticed this too. High-fives everyone!  |
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I think this z crap is gonna put a cap on alts for a while. it's the final absurdity and insult of the whole scene.
It seems like there's an endless supply of foolish money in that scene. Some of them must be quite poor by now. I know I certainly have a few of their Bitcoin  |
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Definitely. We will see the real price after at least 1 month, when the full reward is on
To be honest, I'd imagine it will take over a year or more for it to reach its real price. The increase in supply will smother it. |
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Broke below support with long term indicators, such as the 200-day SMA, trending down. I'd have thought whale-tard would have stepped in, but he seems to be conspicuously absent.
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Bow before King Bitcoin, you lowly worm alts. 83.6% dominance.
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Aw, poor whaley woo who sold all his coinsey woinseys for 640 on Stamp.  |
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Who could've ever thunk a coin with a large, infinite supply schedule could go down like this?   I think Steem is breaking out from the downtrend.
Steem is way to low atm imo.
Many guys bought steem at ~300million dollar market cap ...
It's still too high in my opinion, but I'd expect a relief rally in not too long. |
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I'm not exactly sure how the miner's operations work, exactly. I would imagine that they have their mining set with kinds of algorithms in order to identify how to attempt to balance the finding of the new blocks and the processing of the transactions based on fee amounts.
For example, any fee that is $.10 or higher will likely be in the highest priority, but yeah there could be some miners that focus on higher thresholds.
Regarding the mempool back up of this week, I get the sense that the quantity of fees was not going to make a big difference because there was some kind of attack going on that was not allowing transactions to be processed, for the most part. Why, otherwise, would my transaction that had $.56 not be processed for 30.5 hours. All of a sudden, when the backlog stopped growing (shrunk from 35million bytes backed up to 20 million), my transaction was processed. I really doubt that the behavior was coming from regular miners, but there was some kind of purposeful shenanigans going on that was disallowing the miners from employment of normal transaction processing incentives.
So, personally, generally speaking, at this point in time, I think that a $1 fee is approaching a 10x inflation in the necessary fees, rather than characterizing $1 as a 2x overkill.
I see no programmatic reason to be using thresholds - selfish miners should be packing their blocks with the absolute highest fees. Have you looked for your transaction at blockchain.info and seen what the actual fee per byte was? I'd have to assume it wasn't high enough for that period of time. What I'd really like to see here is wider adoption of RBF by wallets. The ability to bump transactions during congested hours is sorely missing imo. |
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Yes, Podyx has been doing well lately
Why. You don't believe that a $1 fee (for a 225 byte tx) can get you into the first block? It was probably an a 2x overkill but I didn't want to take chances.
Indeed, getting in the next block is pretty easy if you pay enough. Leaving a high-fee-per-byte tx in the pool for another miner to gobble up makes no sense. |
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On the ground adoption around the globe with lots of little people thirsty for real money slurping up BTC like a desert flood has drained away all the excess bitcoins. BTC price moves after the adoption reaches a level to drag it to a new price regime, such is skepticism and bearishness surrounding crypto0currencies ... noone believes us, yet still it works. Yesterday they were throwing them at our feet, tomorrow they will be begging at our feet for them back. |
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Looks like there's 1.8 million BTC in dust in the mempool. Totally not one guy:  |
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