top 100 accounts had 6 268 000 coins in early January
total as of today is 6 550 000 coins
That is explaining strong price with such bad fundamentals.... Shaking off the weak hands. Obviously whales are on Blockstream/Core side, I just don't know why. They will all be smashed by Ethereum. Bitcoin is done. |
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hahaha lol, shitcoin  )) yeah you deserve heroin od if you think like that. |
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PayPal = Fiat processor
Bitcoin = cryptocurrency
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If Litecoin implemented anonimity and instant transaction it would be a Bitcoin killer. Development stopped - Litecoin dead.
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This is why I have liquidated my position in Bitcoins. There is very little upside going forward. Block size limit is too low. No forward moves of late have any traction whatsoever and demand continues to lag. Way too little upside for such a risky proposition so my advice is to move into dollars. Only a significant change in the economy could alter this forecast.
USD? Wrong move. Altcoins..... namely Ethereum, Bitshares and Monero... mostly. |
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IMO, it's more likely that we see the dump than pump on the event of halving. That's the moment where Ethereum takes the lead.
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the price jump of late 2013 was a combination of 3 things
1. reward halving
2. ASICS - the important one
3. china exchanges adoption.
And 4., and most important, which you've forgotten was "Willy-bot" and Mt.Gox which was a malicious program generating fictive USD and buying Bitcoins. |
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This is why I have liquidated my position in Bitcoins. There is very little upside going forward. Block size limit is too low. No forward moves of late have any traction whatsoever and demand continues to lag. Way too little upside for such a risky proposition so my advice is to move into dollars. Only a significant change in the economy could alter this forecast.
Just a few weeks ago I wouldn't agree on the price, but now it's so obvious Bitcoin is going nowhere but down, and best (hopefully) altcoins up. |
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Hold on fellas. Magnitude of stupidity here is dangerous, it may cause cataclysm. Delusion and shallowness on a highest level possible, you should be ashamed. |
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You have the option of rushing a decision and implementing something because you want to fix one thing and then you break something else. We all know bigger blocks = higher security risk. The other option, like the Core people are doing it now, is to concentrate on a manageable increase in the block size <SegWit> and to test the water, before you just dive in. The Classic approach is, reckless in my opinion and only a desperate attempt at a power grab.
They know the Core team have the best solution, but the Classic people focused only on the Block size to gain more favor with the crowd. Why the sudden stress tests from a unknown entity?
To put it quite simply, you're wrong. Seems like you didn't do your homework and research of the issue. It screams that raising of blocksize is a must or Bitcoin is dead. Mark my words, if it doesn't happen in 6 months, Ethereum's gonna have bigger marketcap than Bitcoin, I'm long enough in crypto be very confident in what I said. Bitcoin going down 2x and Ethereum going up 3x, it can start tomorrow and be done in a week. |
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shitcointalk101 shittalk101FTFY |
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What is left for Bitcoin is only the first-mover-advatage. Sadly... It could've been much more adopted by masses by now. Greedy intererest are killing it as we speak. Where are instant transactions? Yeah I know it's hard making them but that's what people want. Where is anonymity? Not a mention of these two in relation to Bitcoin. So diversify now into altcoins if you want to stay in the game.
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WARNING: crypto-currencies are Bitcoin is very likely going to experience a crash soon
FTFY
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Situation on the field:
Bitcoin - baaad baaad fundamentals, Blockstream / Core / Chinese miners doesn't care about Bitcoin, they just care about their profits.
Ethereum - enormously good fundamentals, everything is going just right and it doesn't even started how it should.
Draw your own conclusions. My opinion is that if we don't see Classic forking very soon, Bitcoin is done, will be replaced by Ethereum and possibly Monero, both are superior in every sense. I already converted almost all of my holdings to various alts. Diversification is the answer here to try to keep your wealth. If you want to be more conservative go buy NBT (which maintains 1:1 USD peg), and transfer it to your wallet. BTC is gonna crash so hard soon, this is nothing.
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Nothing artificial there, genuine interest in it is pretty big, partially fueled by Bitcoin turmoil. No wonder it's in bubble mode now, that's why I think correction afterwards won't be lower than 0.015 BTC
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1. Community is better
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
All reasons approved except 10. It's plain stupid thing to claim. |
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Ether is a HUGE scam. This coin has no liquidity. If you try to sell 10,000 Ether, you will literally crash the market.
The fact that almost all of it is traded on some shady exchange no one has heard before Ether, Poloniex, says more than enough!
Hahaha what a bullshit you talk man, with 10K ETH you can do _nothing_ to the market. Poloniex is not shady at all. |
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70% of it traded on exchange operating from a shed (poloniex) that offers no other significant coins and has no history, credibility, or reliability
LOL
Bullshit. Poloniex has good history of reimbursing hacked accounts, has the best interface for trading IMO, and it's not buggy as some others. |
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Because Blockstream bought Core developers and is pushing their own policies and profitable ways of scaling Bitcoin. Also, chinese miners are stupid enough that they buy their story. If solution for scaling Bitcoin is not find soon, I expect Ethereum to reach Bitcoin's marketcap in few months.
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Using Windows? It's very insecure operating system. Keyloggers and trojans are most common and dangerous threats, that stuff merely exists on operating system like Linux is. And that's just one of the Linux advantages over Windows.
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