I kinda feel sad that i didnt short and have the ability to be part of the folks who ate the 30k wall. I feel like this was some kind of bitcoin history in the making.
Or should i just feel proud that i am a true hodler?
I bought 2 BTC at $301.50 on Coinbase during that 30kBTC wall - actually at about the 20kBTC point. Does that count? Does a purchase on BTC get translated into any kind of contemporary purchase on Stamp? Anyone know? |
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BTC breakout short term atm... Time to share... MY ULTIMATE BEARISH CASE:
 MY ULTIMATE BULLISH CASE:
 currently, the bears are winning, but it is still possible to return to the bullish case and stay between those 2 trendlines  edit: I call that we will never touch 275 USD again and probably will never dip below 300 USDYou have the right to ridicule me if this doesn't happen Even your ultimate bearish case is pretty bullish.... ....... |
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I walked away for about 5 minutes and it's now 357 wtf  Wtf  Where its 357 ? Stamp ? Sweet ass. I hope i can holdback from looking at price. But u guys make it easy  Either you want to look at price or you do NOT ..... I actually think it is a bit ridiculous to read this thread while saying that you do NOT want to look at price, and then as soon as someone mentions price, you say that it is difficult and you wanna know more...   |
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This is a very reasonable proposal, and will definitely increase adoption since BTC XBT will again look cheap. Support +1. Agreed. Average Joe, one year from now: "I heard they redid this bitcoin thing so now one bitcoin only costs one penny and regular folk like me can afford it. But it's supposed to go to one dollar, like, real fast. I'm gonna get me some today!" Buy a million XBT today for only $350!  Same can be said for Ripple and other alt cryptos, but generally (except for pump and dump periods) you don't see people knocking down doors to buy ripple or other alts. EDIT: don't get me wrong. Overall, I believe it would be a good idea to convert to the smaller unit - mostly because BTC's value has increased so exponentially over the past few years, and likely such conversion will make further exponential growth to be easier for the conceptions of the masses to buy in smaller quantities. For example, in my own case, my initial intuition about BTC did NOT absorb the divisibility aspect, so I did get confused by whether BTC would be practical when valued in the 100s of dollars territory. |
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Those "1 QUADRILLION!!! btc" bets are so off-putting. Last one that I remember that completely failed was something between rpietila and windjc, iirc.
Point is, with a stake that high (even for the "big holders"), it never comes to fruition. Take a hint from the regular money rich dudes: when they make a public bet, it's in a reasonable range: cigars worth a few thousand dollars. 10k to a charity. Stuff like that. They don't always need to flash 25% of their net worth to make a bet.
Hence my suggestion: if you want to call someone out on a statement, in the form of a bet, make it in the range of a few k USD. 5 BTC. 10 maybe. It's enough to make your point, looks good, and most importantly: it's not so bloated an amount that it never will be taken up.
/rant
Exactly!!! I believe even less than 1BTC is sufficient to make the point. |
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Just a heads up... watching OKCOIN btc/cny the rise has been on bad footing... i expect it to go lower and make new lows... you can take me to the bank with this.
So how do I cash in on this when you're wrong? Already happening... wanna bet on it? escrow? 500 BTC ok and Theymos as escrow? Too high... 50 btc sure Nah, that's not enough to be fun. We'll just have to see if you're right. You're a joke. You can always put up the rest. He's not the one who wanted to bet when I was "wrong".. you asked how and I gave you an option.. he did not ask for an option. What are the terms. What exactly are you saying is going to happen. I read it to mean you expect the price to go lower than it has been recently and fast. It that right? You are both talking bullshit... You do NOT need to bet 50 or 500BTC to have a serious bet regarding how someone is predicting the future and to specify such prediction(s). |
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I haven't so far...so for the sake of the n00bs, what's about to happen? We have some buying pressure but the dumper will keep dumping like he has the last few months. All the buyers will get scared away and we enter the bear market again. And i hope i'm wrong. But i'm rarely wrong. Yesterday, for a moment, we had a glimmer of optimism out of Shroomie.... Glad that you are back to your regular irritable self... |
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What is the bitstamp international wire deposit delay like? Any ideas? Might be delaying the response to the low prices?
I think it is about 5 days on average. Edit: in case you are worried you will miss "cheap" coins, I dont think you have to, because there is still a big possibility that we will see even "cheaper" coins. Of course, there is a possibility for cheaper coins. There is a possibility of almost anything. |
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Things look decent. Let's hope no whale dumper shows up for once. I'm pretty sure everyone is done with that shit.
Have they got any coins left? Better ask Failing, he's the expert on the Anti-Bitcoin Consortium. LOL Likely, the Anti-bitcoin consortium is regrouping via PMs... trying to figure out their next move(s), if any. |
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1 thing positive about this all. You just know tons of traders lost tons of money.
Shroomie does NOT even know when he is being positive... ... BTW... FYI.... losing tons of money is NOT positive...  |
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Things look decent. Let's hope no whale dumper shows up for once. I'm pretty sure everyone is done with that shit.
Optimism from Shroomie. Probably, we should frame this. |
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Bitcoin funds: that is where the bitcoin money is. Managing them, of course, not buying their shares. Yeah, I'm sure that in 2002 there was some intern at Morgan Stanley who created a similarly fictional sell sheet on Lucent Technologies and why I should buy it at $70/share. Somewhere in 2002, there was somebody a lot more informed than me who looked at that sell sheet and chuckled just about as hard as I'm chuckling at BTC $4,291,060..... ya thats just nonsense $4,291,060 BTCwe just need it to achieve global reserve status, thats all! The facts that they cite are probably correct, in terms of which aspects Bitcoin would have to take over and the value of each... I do NOT believe in one currency.. b/c there will likely continue to be competition... but even if bitcoin reached world reserve status, that would cause well over $1million per bitcoin in today's dollars. |
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Huh? He is just making a proposal to extend the protocol to allow more transactions per block. Everyone will need new clients to make it work. But where is the destructive effect? Or am I too rational regarding your post? honestly they made way too big a deal about this... upping the limit from 1MB pre block to 1.5MB pre block makes shit all difference for mining pools maybe if it needed to increase it to 100MB or more... this easy fix might need a more elaborate solution... in my view minor changes like this are welcomed by 99% of the community ( some people just want an excuse to make some noise ), we all want to see bitcoin improve and grow. Adam: I believe you are downplaying the amount of the increase - it is an amazing amount of an increase in practice, maybe even too big and will have to be limited in the future... From my understanding this is how the increase would play out: Year 1 - 1mg - increased .5mg = 1.5mg Year 2 - 1.5mg - increased .75mg = 2.25mg Year 3 - 2.25mg - increased 1.125mg = 3.375mg Year 4 - 3.375mg - increased 1.6875mg = 5.0625mg Year 5 - 5.0625mg - increased 2.53125mg = 7.59375mg Year 6 - 7.59375mg - increased 3.796875mg = 11.390625mg Year 7 - 11.390625mg - increased 5.6953125mg = 17.0859375mg Year 8 - 17.0859375mg - increased 8.542968755mg = 25.6289063mg Year 9 - 25.6289063mg - increased 12.8144531mg = 38.4433594mg Year 10 - 38.4433594mg - increased 19.2216797mg = 57.6650391mg nonsense the proposal is to MAX it out at 50% a year not necessarily increase it by that much ever year even now the block limit isn't much of an issue, and its not like the network would collapse if it was not increased ( would just take longer for unconfirmed TX to get their first confirmation ) there have been times where blocks hit this limit, and we are approaching that time again where it can happen again from time to time, and so we are back to talking about it... and really ... 50MB's of data every 10 mins, really? mining pools are going to need expensive data centers for that really???. who cares! look around mining pools already are expensive data centers, discussing this is nonsense, its time to make the call! Maybe I am NOT correct? What do I know; however, I am NOT giving up yet on my numbers or my reading because I read in the linked article that it was going to be increased 50% per year (that means each and every year, to me). Like you said in your earlier version of this post..... Fork it, and I say, unless you agree with my interpretation, Fork all of you!!!!!! |
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Huh? He is just making a proposal to extend the protocol to allow more transactions per block. Everyone will need new clients to make it work. But where is the destructive effect? Or am I too rational regarding your post? honestly they made way too big a deal about this... upping the limit from 1MB pre block to 1.5MB pre block makes shit all difference for mining pools maybe if it needed to increase it to 100MB or more... this easy fix might need a more elaborate solution... in my view minor changes like this are welcomed by 99% of the community ( some people just want an excuse to make some noise ), we all want to see bitcoin improve and grow. Adam: I believe you are downplaying the amount of the increase - it is an amazing amount of an increase in practice, maybe even too big and will have to be limited in the future... From my understanding this is how the increase would play out: Year 1 - 1mg - increased .5mg = 1.5mg Year 2 - 1.5mg - increased .75mg = 2.25mg Year 3 - 2.25mg - increased 1.125mg = 3.375mg Year 4 - 3.375mg - increased 1.6875mg = 5.0625mg Year 5 - 5.0625mg - increased 2.53125mg = 7.59375mg Year 6 - 7.59375mg - increased 3.796875mg = 11.390625mg Year 7 - 11.390625mg - increased 5.6953125mg = 17.0859375mg Year 8 - 17.0859375mg - increased 8.542968755mg = 25.6289063mg Year 9 - 25.6289063mg - increased 12.8144531mg = 38.4433594mg Year 10 - 38.4433594mg - increased 19.2216797mg = 57.6650391mg |
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I think i have 70% of the regular posters here on ignore.
Edit: just checked my ignore list. 110 people on it.
I've always wondered about this statistic. Thanks for sharing Interesting. I've never checked before, but... 362 And that's only because I let a few out on parole over the weekend  me, me, me, me, me. From time to time JJG. I know you won't stray far, trapped as you are by walls of text Even though it should NOT matter too much, it is kind of a good feeling (no gay) to make the from time to time parole list.. .if any member has such a practice.   At first, I was stymied when Shroomie birddog put me on his/her ignore list (maybe within less than a month of my membership), and then as I continued to read his/her posts, I witnessed that s/he / it has a sort of irrational temperament regarding a lot of topics.  |
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I think i have 70% of the regular posters here on ignore.
Edit: just checked my ignore list. 110 people on it.
I've always wondered about this statistic. Thanks for sharing Interesting. I've never checked before, but... 362 And that's only because I let a few out on parole over the weekend me, me, me, me, me. |
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334. still cheap!
NO!!! $333.33 I think that there is a meaning to it? |
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do you believe the downtrend is over? I don't know. The next 24 hours are critical! This downtrend is critical in order to arrive at a determination regarding whether the downtrend is critical. |
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The next 24 hours are critical
Yeah ok i get it, but why is it critical? trollers with no explanationary power? There are rolling number of short expressions that are frequently made within this thread that need NOT be understood literally... but they just communicate: "I am excited", "something is gonna happen", "i wanna say something" or some other variation of one of these. In other words: Keep Calm!!!!!!! Attempting to analyze various commonly used expressions is futile. |
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