Not to point out the obvious, but BTC isn't following that trajectory.

Got Milk? 

I'll say this, a coin that (a) goes up 8-fold in 10 days adding $100M to its market cap and that (b) can't be shorted is (c) a prime candidate for a crash.


lol.

It was mentioned here at the time. It does tickle me that after encouraging Karpeles to conceal the loss and attempt to cover it, Jed McCaleb went on to create Ripple, the in-bed-with-banks ledger...

Ah, the Polowhale. That entity can't be doing too healthily.



It's laughably amateur, but only the slow decay of price will break the spell for some folk.

Fair chance of a bounce @1900 sat methinks. Failing that, looking @1300 next.

Award for the goofiest name for an altcoin goes to...

The mining-halt argument is based on the fact that it takes 2016 blocks (about 2 weeks normally) for difficulty to change. If income were to drop sufficiently, then miners would drop out, which would slow block times, which would lead to lower income, more miners dropping out, lower incomes still, etc, in a vicious cycle that would drop hashrate to zero before the network had chance to retarget.

I don't consider it a threat. Some of the big Chinese miners are running at near-zero running costs, as mentioned, plus miners with higher costs can do what miners in the real world do and hedge their output. Furthermore, by my calculation, there are only 1344 blocks after the halving before difficulty is retargetted.

It is an act of self-harm economically speaking, but so what? This little ship has set sail, and telling the shadow of your son the same arguments won't bring him back.

The only they trying to stop Britain leaving without a fight are the naive.

Britain isn't going to keep rerunning the referendum like some banana republic, and there is no political will in the establishment of this country to undo this. Most of the ruling Conservatives are Eurosceptics for a start, and to engage in some civil war with the working classes would do a lot more harm to this country than whatever the markets can inflict.

I thought the powers that be were meant to rig the election? Did they fall into a drunk stupor and forget their duty? The fact is, there is little stomach for averting this course, and little chance of closing the fissure.

lol, that's great 

It would be hubris of them to engage in petty, punitive measures against Britain. These cut both ways remember, and the EU itself is in no healthy state to wage such a conflict, not to mention that it reinforces their image of rule by coercion which has dealt them so much damage.

And lol at talk of London seceding. I'll help them rebuild their medieval wall...



Oh Bitcoin, you so, so nasty 

So how many bags did you buy? Was it long grain or Basmati?

What, no pr0n?  



Britain 'succeeds' from The Union might also be true. 

The threshold has practically been reached, just a few more hundred thousand. Alea iacta est!

That appears to be based off Tradingview's data: https://www.tradingview.com/chart/?symbol=GBPUSD

There's also Reuters' feed if needed: http://www.reuters.com/finance/currencies/quote?srcAmt=1&srcCurr=GBP&destAmt=&destCurr=USD

Gold just punched to a two year high @1350/oz.

Unleash the bees!

When does Simon Schama not talk dramatically.

The failed currency union of the EU is bound to unravel sooner or later anyway. No monetary union without fiscal union - the current mess in Greece and in other southern and periphery nations is a result of this halfway house. When you hear a government talking about reparations from Germany for WWII, you begin to see the heavy irony of a project once designed to seed harmony in to the hearts of the disparate peoples of Europe.