Ok now we reached that point that there is a potential risk and something has to be done now, today I was checking again to just see this
 https://blockchain.info/pools?timespan=24hrsMiners point your miners to other pools now, manufacturers please start including user manuals of how to join p2pool and on how important is to spread the hash power among other pools.
Ghash.io did double spend before and there is nothing stopping them from doing it again https://bitcointalk.org/index.php?topic=327767.0
moderators please don't move this...
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in other note, for a moment pause speculating about the price and think about the network security, we are reaching a critical risk where Ghash.IO controls 45% of the network hashrate, this pool did double spend before and they can do it again.. look to this thread https://bitcointalk.org/index.php?topic=327767.0and this how the network hashrate distribution looks today |
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good morning guys, what is happening ? the trend broke all charts and expectations !! most of you say that news doesn't effect the trend but neither the charts seems to explain it, so what is going on ? ha ?
bitcoin growth by design....
oh geez the hubris is back.. i guess that explains the buying pressure  Hubris: (/ˈhjuːbrɪs/, also hybris, from ancient Greek ὕβρις), means extreme pride or arrogance. Hubris often indicates a loss of contact with reality and an overestimation of one's own competence, accomplishments or capabilities, especially when the person exhibiting it is in a position of power. The adjectival form of the noun hubris is "hubristic". well too much Fiat ? waiting the price to head the direction you desire ? I guess hubris describe both of us, or maybe I can say most of bitcoiners as well  |
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good morning guys, what is happening ? the trend broke all charts and expectations !! most of you say that news doesn't effect the trend but neither the charts seems to explain it, so what is going on ? ha ?
bitcoin growth by design....
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it is always interesting reading these posts
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3 hours left for Gox to hit 750<. If some divine intervention will prevent it, i will be expecting my 1 btc from CoinBull.
Let's make a bet on whether or not CoinBull pays out. I'm going with "no." he is not gonna pay a single satoshi.... |
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$140 between stamp and gox... this is getting just ridiculous
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Dirty secret 2: I am actually hoping for another moon. Bear markets are terrifying.
who doesn't hope for another moon? even bears are secretly looking for that, they just don't want to admit it don't worry my guts are telling me that there will be a big moon till march, usually my guts are right  |
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good morning guys, I woke up before and while drinking my morning coffee I looked at bitcoinwisdom and I was really surprised, a low of 765 that recovered very fast !!! and the volume at stamp doubled, it is the highest in a couple of weeks, so I think action will start from here but now I am not sure in which direction we will be heading, although I have a feeling that it wont go lower at least I hope my guts are right  |
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I can smell fear and I can also smell so many burned hands.... in a matter of weeks we will see a new ATH, even so hold or you cash out for good |
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In order to use media to make trade decisions you would need to speak every world language fluently, subscribe to thousands of media formats and read them daily.
I do keep up with a part of the media that matters to me but I try to do some researches before making any decision, I also look at the development around Bitcoin and that matters the most to me, in fact it matters to me more than just speculating about the price to try to catch some small gains in short term, although I try sometimes to jump in here and there but just for the fun of it. the price indicate a part of the successes... I believe you can blindly guess the price and trade on that as effectively as you can watch the media and attempt to forecast the interpretation of news events by the masses. guess the price is a kind of troll but guess the market sentiment and try to guess what direction is the market heading is what I will go for, and BTW whoever tells you that sentiment and news, adoption rate.. are not important in this market is really delusional! this is not wall street when you have professional brokers that can guess moves based on calculations, you have 80% regular people who never traded before playing around the unpredictable by nature bitcoin, you just fart and a panic sell starts, you post a peace of good news and price to da moon and this is exactly what some members are trying to trigger here... also, there is really few people here who use a logic and common sense, others they go with what there desire points, if they are full in BTC you will hear "choo choo, buy buy, to da moon..." if they are part or all in FIAT you will hear " bitcoin will crash any moment, it is a dead cat bounce , double top, bubble.." |
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In order to use media to make trade decisions you would need to speak every world language fluently, subscribe to thousands of media formats and read them daily.
I do keep up with a part of the media that matters to me but I try to do some researches before making any decision, I also look at the development around Bitcoin and that matters the most to me, in fact it matters to me more than just speculating about the price to try to catch some small gains in short term, although I try sometimes to jump in here and there but just for the fun of it. the price indicate a part of the successes... |
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yeah, the newbs need to stop going around finding news to justify price movements. market forces are generally much more powerful on the mid-term scale anyway. what we're seeing is a healthy mid-term correction to a very large bulltrap. this shouldn't be news to anyone, although i know many didn't believe it when it was mentioned on the way up.
whether news should impact the price or not doesn't matter when so many are watching out for it as a means to pick up more coin. also to ignore the news means you have no doubt as to the long term prospects of btc, a lot of people don't share that sentiment yet so like to be prepared to bail. But you can't use the media as your only means of justifying trade in any market and that seems to be what people are doing. well let me break the oldest "trick" in trading history, buy on rumors sell on news, well it is risky but as well speculation is.... |
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well, here what will make you reconsider your position http://www.cnbc.com/id/101316945#_guswhen major investor jumps in, make sure you wont miss it, in the other side note I am comfortable with my holdings now, I wont risk it on a low volume market and traps, I felt more confident trading when the volume was higher and now I don't want to lose all my profits. |
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Anyone knows about that new china taobao crypto ban? Could it be the cause?
no. guys... this is what happens when we go parabolic above a trendline after a bubble. the same thing happened in April-May. i hope all of the newer traders who were confused as to why i was unsettled by this weekends rally, and the multiple warnings of "we'll pay for this later" understand now. yes speculators and daily traders may pay if this turns out to be true, but a long term holder wont be effected |
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I am about to buy 7 bitcoin. It just seems like a lull before another price hike. Is anyone else waiting for a price drop?
[trolling] join repietila investors club, I've heard that fancy wine and cigars are on the house, he promise you a price of $400/BTC, so you might be a winner and a millionaire the same as him....[/trolling] no seriously, it all depends on your strategy, if you are a long term investor then it really doesn't matter at what price you will buy, Bitcoin has proven that constant growth over time, if you are a trader and want to catch a dip to make a stronger position then welcome to the gambling club |
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I don't know what others think, but the only case when I sold bitcoins was when I needed the cash for something and after march 2013 it was no option for me to sell at gox, even though I always used bitstamp because I live in Slovenia and things go faster... but just think about it, when you sell at today's price and then wait 4-5 months just to maybe and I insist on "maybe" get that money when Bitcoin will be worth allot more by then....I mean who does that really ? and why?
I am not jumping on accusations, But I want to ask people here if they still trade at gox? how many of you here really use gox ? and why ? mtgox data might be made up the same as huboi or okcoin... who knows... it doesn't make any sense...
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BTW I am really curious about Mtgox, I see allot of people selling there, and most of the time huge sells appears and I still wonder how do they get their money off the exchange? I mean why does anyone still sell there ? or maybe there is a premium club of members that still can get money in/out fast than others ?
gox has a lower volume than Stamp yet a deeper book order comparing to Bitstamp, in my experience Bitstamp is the only exchange where I can get money in/out in a matter of a couple of days, if I send early enough during the day and having a bit of luck my deposits/withdrawals were credited the same day sometimes...
That's a damn good question. haha There is a tier 3 of verification which allows a withdrawal up to $1 million Ithink. And since they're valuable customers I'm sure they have more priority then the $75 withdrawal. I know about people who are stuck with $100K withdrawal for months now, so I doubt it, although the person I know was never a trader, so for sure he is not a member of any premium club, he was just a miner who mined early enough and held to the coins, I don't know waht others think, but the only case when I sold bitcoins was when I needed the cash for something and after march 2013 it was no option for me to sell at gox, even though I always used bitstamp because I live in Slovenia and things go faster... but just think about it, when you sell at today's price and than wait 4-5 months just to maybe and I insist on "maybe" get that money when Bitcoin will be worth allot more by then....I mean who does that really ? and why? I am not jumping on accusations, But I want to ask people here if they still trade at gox? how many of you here really use gox ? and why ? mtgox data might be made up the same as huboi or okcoin... who knows... it doesn't make any sense... |
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BTW I am really curious about Mtgox, I see allot of people selling there, and most of the time huge sells appears and I still wonder how do they get their money off the exchange? I mean why does anyone still sell there ? or maybe there is a premium club of members that still can get money in/out fast than others ?
gox has a lower volume than Stamp yet a deeper book order comparing to Bitstamp, in my experience Bitstamp is the only exchange where I can get money in/out in a matter of a couple of days, if I send early enough during the day and having a bit of luck my deposits/withdrawals were credited the same day sometimes...
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