Yes, it is already known that mining is becoming more power intense and seems to be moving towards the bigger operations and likely towards the more wealthy performing the mining.  That is a known progression that some people (including miners) do NOT like, but that "fact" does NOT signify that mining will collapse any time soon - and if this is foreseen to be a longer-term problem, then likely actions are going to take place to address the matter so that this issue does NOT cause a collapse of bitcoin.  So, in essence, your post is full of disinformation by misstating facts and then exaggerating the significance of any facts that are contained therein.

So maybe you will put me on ignore, then? 

You seem to be resorting to name calling, again, without any real basis.  I sense that it is much easier for you to stick with easy terms and conclusions rather than responding to logic or reason or good faith attempts at communicating substance.

I cannot summarize what i do in this thread as succinctly as your conclusory assertions, but sometimes I am responding to other posts, such as yours, sometimes I am talking about my own personal decision-making process when trying to decide whether to buy or sell BTC and sometimes I am trying to predict the direction of BTC prices. 

Generally, I am NOT trying to persuade others whether they should buy or sell or hodl, even though sometimes those words are in my vocabulary and i do use them from time to time to asssert a sort of prediction of the best strategy at the moment.

I have no problem with bearish predictions, except to the extent that there may be some disinformation contained within some of the bearish posts (sometimes the disinformation seems purposeful and other times such disinformation may NOT have been purposefully propagated), especially in these last several months the bearish predictions seem to have been correct b/c there has been a downward price trend, as we all know. 

Really few of us can really predict the direction of BTC prices, yet some of us just do our best to attempt to decide what to do personally to account for the risk within our own investment priorities.  This thread can be helpful to get current and historical information - if one can get passed some of the FUD information - which generally seems a lot more prevalent on the long-term bear-side of the camp.  Short-term bear may be a different story about making a prediction that may be based on actual facts to the best that they can be known.

Regarding perma-bull name.  I am generally bullish in the long term, but NOT perma-anything.  If there are facts that get me to change my perspectives about bitcoin, then I will reconsider my investment and my investment strategies.

NO it does NOT. 

I did NOT know that interesting "fact." 

Can you explain when and how and why?  And, what are your sources for your information - b/c I have NOT seen any news about this happening.

Surely, it is possible that I missed some of your posts, so thanks for the clarification.

Yeah.. get your unsubstantiated digs in - and certainly, you are out of context, here, which seems to be your M.O. to spout out a bunch of shit, out of context.

I already addressed this value basis question in another post. 

But if you think the current value is $9.99-ish, then you seem to really be living in a fantasy land world, and possibly, you do NOT understand various bitcoin fundamentals.

I do NOT claim to be nearly an expert on everything about bitcoin, but there is a lot of upward potential that may or may not be realized.. depending upon how world events play out. 

I am betting on BTC prices going up, though, and I believe the odds are pretty good... that we are going to be seeing upward price momentum rather than downward momentum - even though it is possible that we will continue to see downward price momentum for a couple of more months...

Based on the totality of the circumstances... included but not limited to payment system, storage of value, public ledger and decentralized innovative protocol that is expanding its reach globally.. and a market cap of only about 5 billion - even though much lesser important innovations have much larger market caps...

Bacon is great on any day.  Making me hungry just thinking about it.

That's another way of putting it, but Aminorex, you may be too abstract for pjviitas - since s/he seems to have a more straight forward view of the way the world operates.

I think a lot of people are getting tired of the bullshit... and probably thinking that BTC prices should be more in line with the fundamentals.. in the $750-$850 arena.

I thought that you said that you were back to being all in BTC?  Did you get into Fiat again at some time?

Your interpretation seems to make quite a bit of sense to outline what seems to be the current situation, which really does seem to come back to the notion that at least on Huobi, they are going to continue to attempt to operate, and they seem to have a variety of options to continue to operate - however, at any moment their funding avenues could dry up.  Then we get to the next FUD and speculated price drop, again (like ground hog's day) that China is banning bitcoin. 

These kinds of uncertainties could drag out for several months... and in the meantime the bitcoin network will continue to expand.. and maybe by the time bitcoin is really and truly banned in china, it will be too late  - or some other change in bitcoin land may evolve in order that such news is NOT so detrimental to BTC prices?

I know.  I got a bit of a chuckle out of that b/c if you were to acquire nearly all of the bitcoins, then that may cause bitcoins NOT to prosper b/c others need to have them as well.  Otherwise they are NOT worth much... but surely you could use bitcoins to accumulate a lot of other assets too... b/c supposedly you would have a pretty good idea about what was going to happen.. if you don't get too carried away.

Mark seems like such a fuck up, that he would still find a way to screw up bitcoin.

I believe that you need to be careful NOT to do anything so radical that you would change the course of history.. b/c then history may NOT play out in the way you expect, and then the journey would be for naught.

I think you could probably quietly accumulate several thousands of bitcoins and even several millions of dollars of fiat without making any major alterations of history...   Though innevitably some of the history is going to change b/c of your knowledge and then your actions.. but by the time that it changes, hopefully you would be in a good position.. to kick back and play whatever role you envision yourself within.

Yeah.. double the price, and I am o.k. with any date that you could arrange in 2010.. that's fine...  even if I have to travel back in my old body.. would be nice to get the extra bonus of shaving a few years off my age, as well.   

You sound a little inexperienced with these time travel matters.  Are there any guarantees that I would arrive in one piece and arrive on the anticipated requested date?  And, I guess that is why it may be better to pay after arriving rather than being sent on the journey and not knowing whether I would get what paid for.

If you accidentally send me back to October 2013, I probably could do pretty well with that date, too, and it would be well worth the 6 BTC.  I would just have to hold back keeping my mouth shut about all the things that I know.. It would probably screw up history.. but what da fuck..   

One thing is that I would NOT want to get back to whatever date that i am being sent, and find that there are two of me b/c I may have troubles trying to convince that other me about our strategy.  He's a bit skeptical of things.

I was expecting some trade/showdown competition between the bears and the bulls over this weekend.. like a real battle to take advantage of whatever remains of the fud in a timely manner.....

Surely, that battle could still occur.. but it is also possible that we may be left in a sort of limbo-land state until on or after 4/15 before we get some kind of price action. 

Also wasnt there some defiant statements from Huobi about NOT complying with china regulations or that trades are going to take place underground if china keeps pushing for banning or too many restrictions on bitcoin, and that seems to just drag things out more than resolving matters.    The chinese are under some stress right now with their currency too... .. even though I get the sense that bitcoin is small potatos compared with their currency issues.

I've got enough fiat in my account now to make some additional BTC purchases... but I am NOT sure how long I can last if BTC prices were to keep this downward trickling momentum for another month or two..  really the last two months have been the worst of the unrelenting downward price trickle. Probably, I would have to stop buying BTC at some point.. even though coins would be getting "cheaper" and "cheaper."   

A problem with the last two months has been that I have kept thinking that we are at the bottom price, and then we get further drops.. mostly I was thinking that since about $610. I certainly think that coins are cheap now - but I would be kicking myself if I continue to buy in this particular price range, and then we get even more cheaper coins at some point in the next week or possibly two weeks...   But then I will also kick myself I do NOT exhaust my current fiat at this price, especially if we are NOT going to be returning to this price after the ChooChoo MO FO comes about.

Red

or

Green?

I think that there is a lot of pent up demand for BTC and accordingly, the price will likely get to $600 sooner...  However, there are quite a few uncertainties in the space, too... that could explain why it could take a couple months to return to $600. 

I need a bathing suit picture, otherwise, i do not believe it.