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2181  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2018, 05:56:28 AM
One challenges violence with nonviolence, ugliness with beauty, difficulty with simplicity.
I don't get why we stopped sharing trains, spartans, carolina, rockets and all the rest of it. Be aware I am not talking about stupid wishful thinking, I am talking about the vibes of reality.
So let there be spartans
2182  Bitcoin / Press / Re: [2018-03-29] Bitcoin Death Cross Lures Market Bears on: March 31, 2018, 05:19:40 AM
Exactly! Trading is a rational activity where one needs to react to market signals and calls rather than simply predicting how things will unfold. TA in that sense never worked.
2183  Alternate cryptocurrencies / Speculation (Altcoins) / Re: is ETH 'too big to fail'? on: March 30, 2018, 05:33:23 PM
The announced adoption of ERC-20 tokens by Coinbase is a good support for ETH after the wave of ICO ads bans. Anyway half of Coinmarketcap's top 100 are ERC-20 tokens and too big part of ICOs runs on ETH platform, so i think ETH is really too big to fail now.

The vast majority of those tokens are worthless and are gonna get slaughtered in the coming rout.


I wouldn't class them as an aid to ethereum's value going forward. Great demonstration, terrible 'investment'.

The main thing we're gonna take away from this in the aftermath is how it was even more empty a pump than 2013 was which is really saying something.
In the end when most of ICO tokens will start to crumble, and they will, the whole Ethereum ecosystem will be shaken but, on the long run, the Ico debacle will turn into a positive thing. Still waiting to see what Eth real value is
2184  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2018, 05:20:06 PM
Hopefully this time who's selling will leave crypto for good, we all know they bought in for a quick buck, while who's buying now recognizes bitcoin's true potential and will treat those coins better. We really needed to shake the tree for a new Summer.
I am so excited to see the Lightning network succeed actually! One day I want no regrets. I will be proud to say that I was here through the best (and the worst) of times.
2185  Bitcoin / Press / Re: [2018-03-26] LDJ Capital's David Drake: Bitcoin Will Be Worth $30K at the Year.. on: March 30, 2018, 05:08:07 PM
We are a witnessing a bear market in price terms but in terms of development these last months have been amazing. Have you guys heard of Lightning Apps (LApps)? Whatever you think of Blockstream this is future in the making
https://blockstream.com/2018/03/29/blockstreams-week-of-lapps-ends.html
Price will follow
2186  Bitcoin / Press / Re: [2018-03-29] Bitcoin Death Cross Lures Market Bears on: March 30, 2018, 05:01:51 PM
With Easter just around the corner, it almost seems ironic that the bitcoin price is technically nearing a death cross.

Not really. We had the same bearish cross right around this time in 2014. Same story, different year. What's Easter got to do with it? Smiley

Everywhere you turn, there’s a new forecast for the bitcoin price — from $30,000 to $3,500. Technical analysis, which is used by traders to forecast whether securities are going to move higher or lower, has been around for more than a century. It was used by Charles Dow in the late 1800s and is still relied upon today.

And if we look at Dow theory, we still haven't reversed trends just yet:
Quote
Dow believed that trends existed despite "market noise". Markets might temporarily move in the direction opposite to the trend, but they will soon resume the prior move.

We need to go lower than $6,000 to establish a trend. Until then, this could all be "market noise." But holders should always be prepared for the worst case scenario. Cryptocurrency is risky and experimental; it can always drop further than you think, and even to zero. Lips sealed
I simply shared the article, I didn't write it. Wink
I can second your comments one by one. As I have said somewhere else on the forum I still tend to watch the log scale trend chart. If we break the trend there I might start to worry.
2187  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 08:58:52 PM


Bye Mayor Rosewater of the Foundation. Don't create another alt, we will recognize you again

What happened to the Mayor?
He was talking about leaving the place. And the he did it below
https://bitcointalk.org/index.php?topic=178336.msg33469748#msg33469748

https://www.youtube.com/watch?v=e7bxXjQL3cY

Great is the art of beginning, but greater is the art of ending. Henry Wadsworth Longfellow
...and for the Mayor greater will be the art of coming back here
2188  Bitcoin / Press / [2018-03-29] Bitcoin Death Cross Lures Market Bears on: March 29, 2018, 08:49:50 PM
With Easter just around the corner, it almost seems ironic that the bitcoin price is technically nearing a death cross. Everywhere you turn, there’s a new forecast for the bitcoin price — from $30,000 to $3,500. Technical analysis, which is used by traders to forecast whether securities are going to move higher or lower, has been around for more than a century. It was used by Charles Dow in the late 1800s and is still relied upon today.

Read more https://www.ccn.com/bitcoin-death-cross-lures-market-bears/
2189  Bitcoin / Press / Re: [2018-03-29] Bitcoin Price Slides Under $7,600 as Market Dips Below $300 Billion on: March 29, 2018, 08:37:25 PM
Indeed, and bumpy is not even accurate right now. We hit the top and after the December hangover we are getting back to bears comfort zone. I personally don't care at the moment, I've been here during 2014/2015 and I am ready to hold my stash to see bitcoin where it should be.
2190  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 08:22:35 PM
Double bottom or not, we're probably going to find it out in the next few minutes.
No need to say that the next few minutes are critical.

I was able to buy my personal end-of-the-month bitcoin purchase and compared to last month I got more BTC with the same amount of fiat.
Thanks to conspirosphere.tk I can say that looking at the log scale I'm ok.
Avoiding to recognize the downtrend is stupid but as they say better it's to buy low than high, am I right?

Bye Mayor Rosewater of the Foundation. Don't create another alt, we will recognize you again
2191  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 28, 2018, 06:42:11 AM
Japan has a horrible situation, demographically far worse then USA and the debt can never be controlled.   Japan holds 1 trillion of US debt, all these central banks are relying on each other but I think the system itself will give way.   So one of the main struts holding up US debt has serious problems sustaining itself.  Maybe crypto is part of a better system I dont know yet but its easily contestable what Jamie Dimon says about FIAT > crypto
https://youtu.be/40OuVyVGdIM?t=153
The USA imposed Japan to adopt a certain democratic constitution after World War II. How much power and independence such a sovereign state can have? Oh, by the way, Italy almost makes no difference
Quote
This chapter provides an overview of and analysis on how Japan’s post war constitution of 1946 in general and its ‘pacifist’ Article 9 came into being: who were the protagonists on the Japanese and American side and what were the controversies surrounding the drafting and adoption of Japan’s ‘pacifist’ constitution. Amongst others, the US motives and motivations to retain the Japanese Emperor on the throne in post war Japan will be analysed: why did the occupying US go great lengths to retain the ‘undemocratic’ Emperor and Emperor system while introducing democracy and democratic political structures into defeated post war Japan? Finally, when and why did the US gave up on MacArthur’s initial plan to make an ‘unarmed pacifist’ out of Japan and what impact did the US ‘imposition’ of Japan’s post war constitution have on Japan’ post war Japan’s obligations to deal with its World War II responsibilities?
https://link.springer.com/chapter/10.1007%2F978-88-470-2568-4_5

Question: do you want at least your own independence? Buy bitcoin and some gold
2192  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: March 28, 2018, 06:25:35 AM
I'm sorry but that is a very stupid move, not because Byteball is not a good investment but since you are putting your savings at stake with no diversification, maybe you should be prepared for what you have done. Like any investement, one should never invest life savings into it: you did gambling
2193  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 27, 2018, 04:00:11 PM
Thanks Raja. I have to admit that I am a bit skeptic regarding Bitfinex as I consider their service not so reliable as compared to other platforms. I mean these guys have a pretty stormy track record and I would wait more before reconsidering to join their exchange again.  Wink
2194  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: March 27, 2018, 03:47:22 PM
ByteballQuizBot is absolutely amazing! I have shared it with a few friends of mine alongside the Byteball wallet. They couldn't believe what they were witnessing (which to me seems quite easy to get).  Cheesy
Nice job tony!
2195  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 27, 2018, 03:43:08 PM

3) #Tether appears to be backed by USD, discounting significant FUD over last few months.

Can you point out a source please? where did you see this info? I heard of ING  lately but that did not convince me. Enlighten me
2196  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 27, 2018, 03:29:21 PM
This price action is breaking my nerves.
Don't overlook the charts. No point in losing your temper for a few candles Wink Give it a break and we will get over it.

Starting to see some green again in my portfolio...
I have much more green in my garden for sure.
2197  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] Bubbletone Blockchain in Telecom on: March 26, 2018, 09:44:51 PM
Bubbletone team participate in Global Blockchain Summit in Sochi and here you can find live stream from our discussion with our advisor Samson Lee https://twitter.com/bubbletone_eng/status/977560345043664903?s=20
Looks promising, you have lots of work to do if that is what you are planning. I think your special characteristic is that you have many experts in the telco industry which does the trick when creating a project like the one you're working on. Will follow this
2198  Alternate cryptocurrencies / Altcoin Discussion / Coinbase to add ERC-20 Support on: March 26, 2018, 09:41:06 PM
Coinbase announced their intention to support the Ethereum ERC20 technical standard for their platform in the coming months. This paves the way for supporting ERC20 assets across Coinbase products in the future, though they aren't announcing support for any specific assets or features at this time.
https://blog.coinbase.com/adding-erc20-support-to-coinbase-fe9cba6782b
2199  Bitcoin / Press / Re: [2018-03-25] Bitcoin to See Significant Improvements in Privacy and Scaling on: March 26, 2018, 09:37:11 PM
Quote
While speculators may not care about any of this, the rest of the world will. Bitcoin has a bright future ahead, that much no one can deny.

This last statement is priceless, and I really enjoyed reading the overall article. I was somewhat familiar with Rootstock, because I saw some users here in the forum mentioning it. This one in particular could actually be a big thing, since it will allow bitcoin to have smart contracts as well. Not saying this is a deal breaker for bitcoin, because it's not, but bitcoin development just keeps making it stronger and stronger, and able to interfere in a lot of areas.

Bitcoin has a great future indeed and it's almost impossible for it's price not to go up in the future, because it's simple a very advanced technology that offers solutions of improvements to our world in many different ways. The world will not be indifferent to this, so it's impossible to stop bitcoin right now.
I second that statement too: those of us here who have been in Bitcoin long enough to get to know it and understand what it is about will clearly wait for seeing bitcoin flourishing in the future
2200  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 26, 2018, 09:32:28 PM
Potential bottoms?

~7670-7690 is our first.
~6950 is our second.
Then there is the double bottom...

And then... Tera will be in here to tell us all how we were told so...
The only bottom I know is zero! We can not go below that so don't tell me we can go lower than that. Grin
However, I believed 10k could have stayed as a floor long enough but that was not the case. 
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