everything is crashing. About time too, previously (last year or so) this has meant BTC is near a bottom. bottom could still be a few thousand off though.

coinmarketcap is looking crashtastic

will we hit 13k? we are currently on support level.

masterluc

BTC Dominance: 42.9%

for fuck sake, gonna be an all time low soon

So fees are getting stupid (some as high as $160), Segwit adoption is slow and the lightning network is still a ways off. The price is being affected and BTC market dominance is almost at all time lows.

I think it is about time that we raise the block size, to give segwit adoption and LN more time. Being that the blocksize increase would be done by core we can trust they'll do it right, so why shouldn't it be done?

If we delay too long BTC will lose its dominance and when that happens it is all over.

Let's drop the tribalism, the bickering, and just do what is in the interest of BTC. An increase in blocksize will not be the end to decentralization, it's been almost 10 years since BTC began hard drive sizes have increased substantially in that time and the cost has come down substantially.
 

Lets face it, at this point in the life of BTC the high fees are an issue, these fees may not matter in 10 years time, but, they do at the moment because BTC is still a young technology and smallish market. $70 for a transaction is just stupid any way you cut it. Segwit adoption is slow, so maybe something should be done in the meantime until segwit adoption increases and until the lightning network arrives.

remember the fight over segwit? The price was having troubles and then once it happened the price boomed. I think the reason for this boom was that it was now possible for bitcoin to scale, however, we are now finding out this scaling is slow going and price is being affected. If we fixed this now, and yes through a increase in blocksize, people would be a lot happier, because it would buy time for the lightning network and segwit adoption. You would also find that price may boom again.

BTC dominance is nearing an all time low, if this doesn't concern you, you're an idiot. Once we lose this this dominance getting it back will be tricky.

10k is masterlucs prediction before onward and upward, if it does go down that far lets hope he is right.

The altcoin market is starting to show a lot of red. This could mean that they are going to crash soon and the money is going to flow to BTC or that they are going to start crashing along side BTC.

Looking at the BTC chart we are stuck in a very well established down channel. I see roughly 4 hits on the support and 4 hits on the resistance. fingers cross we get a bounce off support at 14400, and then a break of resistance at roughly 16000.

One thing that has me concerned about this correction over the other ones this year is the speed. it seems to be a lot slower than the others, I hope this doesn't mean anything.

30k ha, how about you make it 50k

Yeah I think batcoin and robber coin are upcoming.

Fucked if I know what any of them are, I just call them dividends. So, when people say that bitcoin doesn't pay any yield, we can now say that it does. Unlike gold, hey roach? 

Speaking of forks, super bitcoin is done and trading, current value around $280 (coinmarketcap). These forks are kind of nuts, and what surprises me the most is that they all have a decent value. I was just looking at this page http://pieifo.com/pages/endefault.html and look how many are coming up. It's crazy, but, if they all have a decent value I won't be complaining  

So BTC is going down and the alts are not following. If we enter a bear market for BTC and the alts don't follow, that will be the end of BTC being the number 1 crypto. I know the price isn't really that low yet, but I'm getting worried, I just don't want BTC to lose the number 1 spot.

Does anyone know where masterluc posts his predictions? I'd like to see what he has foretold.

It's not the price of the fees that bothers me per se. It's that it is being used PR wise to show bitcoin in a negative light compared to the shitcoins. It may be considered a feature by some (maybe even by the core team), but if it is, a bloody shit job is being done to show this feature as a positive to the many newbies, and as a positive vs the shitcoins. Which, are not as shit as they used to be considering the drop in BTC dominance.

that explains the bcash pump then in particular.

I like core, but damn, something needs to be done about those fees.

What the hell, I wake up and BTC is down to the 17s and all the alts are up. What happened?

That's what I'm waiting for, but, I'm slightly concerned that we won't make it back up to 60% BTC dominance level that we were at the other week, and that we will just drift lower from here. It got down to the 30s earlier in the year, and I'd rather it not go back there.

Let's hope that tide swings back soon.

These pumps are getting stupid, everything is going up by stupid amounts. BTC dominance is almost back into the 40s

Do something bitcoin, please!

I hope that is the case, someone else I know had there money go through pretty quick, so I wasn't overly worried. But, no answers from support or on reddit has me concerned.