Sub $400 is the new MUST-BUY zone.
Sub $800 is the new MUST-BUY zone. |
|
|
|
has anyone any idea though how efficient this new gen of miners are that are clearly pushing the hash rate so high.
You'll have to ask Intel and/or AMD. |
|
|
|
I predict a correction over the weekend, but still hanging over $400 which is all good. Where do you see the euphoria? On the contrary, I see a lot of people sold out their bitcoins and hoping for a correction to buy them back... I predict a new top above $500 over the weekend. |
|
|
|
price looks set up for some Crazy swing...
There will be no swings, just straight bitcoin appreciation. |
|
|
|
and banks need to slowly accept their diminishing role.
It won't happen. How will you accept something that is slowly killing you? How? You start selling derivatives and paper certificates of it.  No, this is how you profit from someone else being killed. |
|
|
|
and banks need to slowly accept their diminishing role.
It won't happen. How will you accept something that is slowly killing you? |
|
|
|
I'm a career programmer too, that's actually looked at some of the recent Core releases, and I can tell you that there's been maybe only a handful of lines of code added to Core in the last year or two.
A. Handful. Of. Lines. In. Over. A. Years. Time.
So let's don't over-glorify these so called developers and put them up on some sort of pedestal. If they had only coded that much in a business world white collar desk job setting, they'd be fired by now for being over-paid slackers. [ ... ]
after 6 years of development, Bitcoin Core is pretty much complete and solid at this point. With the exception of increasing block size, and maybe a few other little things, there's very little left for the Core developers to actually do. So they're basically just downshifted into long term maintenance mode at this point, which anyone can do on the side for a few hours a week.
For one thing, development has been stalled over the last year by the feud between Gavin and the small-blockians. Gavin has coded and tested BIP101 (the only one of those BIPs that has been implemented, AFAIK) several months ago, but has not been allowed to put it into the core. But, apart from that, a good software developer is not one who makes lots of changes. The best way to increase the block size was coded by Satoshi in 2010, and it is a one-line patch. Blockchain voting is a significant but pointless complication, with many things that could go wrong (in the code and its operation). Too bad that Gavin had to add it for BIP101 in order to appease the ideologues. The problem with Greg is that he does not really like Satoshi's design, and has his own strong ideas on how bitcoin should be. He has been pushing for that vision for a couple of years at least; and now that he has the power, he is bent in implementing it. The Core devs certainly are not in "maintenance" mode. Just the SW proposal is a major redesign of a data structure that iis shared by tens of thousands of users and hundreds pf independent applications. One should not be adding all those new features to a production system whose users and app developers are still struggling to cope with. In fact, with their plans for the "fee market" and the off-chain processing, they are in full "retargeting" mode One should not try to do a major redesign of the functionality, like the fee market, without knowing whether it will work or not. Greg may be a good cryptographer and programmer, but he is not a good software developer. In fact, it seems that he does not know what that means, and does not want to know ... Stop whining, Stolfi. Bitcoin is the future of money. Get over it! |
|
|
|
Yeah, having been called an idiot/troll/shill by the "1 MB is sacred" crowd for months did spoil my academic detachment, I confess.
Everyone that is part of "XT altcoin is sacred" crowd is idiot/troll/shill. |
|
|
|
How does that work?
It doesn't work. The problem with retarded dumpsters and dollar cultists is that they can't buy same amount of bitcoins they've dumped without triggering panic buy and a new top! They simply can't print bitcoins in the way they print fiat. So what you're telling me is shorters are actually Good For Bitcoin? They are good for those people that still don't have and want to buy cheap bitcoins. |
|
|
|
How does that work?
It doesn't work. The problem with retarded dumpsters and dollar cultists is that they can't buy same amount of bitcoins they've dumped without triggering panic buy and a new top! They simply can't print bitcoins in the way they print fiat. |
|
|
|
So what is the general consensus on what the outcome of the scaling conference this weekend might be?
i´d say 400420  Double that by Christmas. |
|
|
|
Yes, fiat has also been used in shady shit. Unlike BTC, it has also been used to build roads, hospitals, and for buying baby formula.
When fiat funny money vanish, BTC will be used to build roads, hospitals, and for buying baby formula. |
|
|
|
Bitcoin has allowed more people to do a shitload of shady shit, more shady shit than you can shake a stick at.
Correct. Bitcoin is a great equalizer. Now not only the elites but everybody can do shady things. |
|
|
|
what makes me really sick in all this is, if i have a large amount of money at the bank i have to pay negative interest rates (here in germany a few banks are pulling that off already), and on the other hand if i use my credit line i have to pay between 9 and 15% annually, too - win win for the banks, lose lose for the normal guys.
Don't use banks and credit cards. Pay only in cash for all your basic needs! |
|
|
|
Bitstamp will switch to Bip 101 this December
All bitcoin exchanges have built-in interest to support XT altcoin. Their business depends on the parallel existence of bitcoin and fiat money until the end of the world. But this is not the interest of the bitcoin community! |
|
|
|
And here we goooo!  $371 when will it stop and breathe.  It hasn't started yet. Just warming up. |
|
|
|
My game is with bitcoin dependent alts when stuff gets interesting with bitcoin.
You have to buy bitcoins and then buy alts with bitcoins. What is your bitcoin entry point? |
|
|
|
I think that this will be the exit spot that I was expecting.
How can you exit if you haven't entered? |
|
|
|
I placed to buy about 10 BTC at 298€ a few days ago then the price go down up to 295 (so my order should be completely processed) but it is not. I don't know why, I just see that only around 1.5 BTC are bought.
I contacted the support and they said that there was a kraken error and they are fixing it and they said me to wait until developers response. Now I'm still waiting for my 10 BTC from kraken and they don't answer my emails anymore.. What to do?
I guess if they say it was error, that's what it was. Really? I guess it was error only for buy orders. Liquidation orders (or stop loss orders) were processed without any 'error'. Inside job for sure! If I make mistakes I pay for my mistakes. If they make mistakes they have to pay for their mistakes! |
|
|
|
I want some sort of protection when buying costly items even from local large companies. I have used the fraud protection on a credit card to have Best Buy investigated for double charging my card. I got my money back and one of their employees got a jail cell.
You can build credit card like services on top of bitcoin, but you can't build bitcoin like services on top of fiat money. Got it? |
|
|
|
|
Show Posts
