When I check the Bitfinex charts I'm like



then I switch back to Bitstamp and I'm like

I switch from the Bitstamp price on my bitcoin app to Bitfinex and think

*ThatEscalatedQuickly.gif*

I look forward to seeing Trump's supporters hailing him as a genius for lying to all of his suppprters to win the presidency. They will claim that they knew all along and were just going along with it for appearances sake. Because they, like Trump, really had something completely different in mind for his presidency. They will not reveal what that plan is until Trump executes it of course. But afterwards they will hail him as a great businessman that fooled everyone (except his supporters because they knew).

Trump says the dollar is too strong.  Lol


I guess he hasn't noticed the dollar crashing against real money.


http://www.dailymail.co.uk/news/article-4406584/Trump-sends-dollar-plunging-comments-currency.html

I will give a million dollars to anyone who can get the price of one bitcoin up to one million dollars for at least a day.*

Make it so.


This offer expires in one year. Must be on an exchange that I can cash out at least 100 bitcoins for a million dollars each.

I was a gold bug before Bitcoin. My biggest thing was that I wanted it to replace the dollar. So I wanted to be able to use it for day to day purchases while holding it as it gained value over time as opposed to the dollar where loss of value is a built in feature.

But when I looked into different ways of holding gold and spending it (like with a Visa card) it cost X amount of gold per month to store your gold and pay for auditing of the gold. And it cost a huge exchange rate per purchase. So it was definitely not practical to use as a primary currency. For store of value, sure.

But for me, I travel all over the world with all of my possessions. There is no way I would carry gold around with me through airports. With Bitcoin I can have a string of characters encrypted somewhere on the cloud or written on a piece of paper in my shoe or however I want to have it when I travel. I can move with hundreds of thousands of dollars worth of bitcoins over borders without a care in the world.

If I lived in a house with a secure safe, well hidden, then I would buy gold as a store of value. Not to use as a currency though.

Certainly. There's no way to be sure. It's good to have your own price points in the bitcoin world otherwise you'll go crazy trying to figure things out. My trend line has done well for me so far.

I also attributed much to the downward hype after 2 years of downward pricing.

The way I see the price movement now is that there is an underlying upward trend line that has a much lower price but due to the price having gone up for so long people are expecting that the price will continue rising at a good pace and are more willing to invest. If the price had been going down for the past year the current price would be down below that trend line by quite a bit.

With enough FUD to manage the expectations the price should continue going up at a reasonable pace no matter the news because the performance of the investment is so good.

If irrational exuberance kicked in and everyone thought that the new dawn of cryptocurrency across the world was about to occur with exponential price rises then we would definitely crash down and head into a downward cycle where people are dropping out just because of the direction of the price.

Having said that, my price point without the investment frenzy due to our current track record is about $900 currently. With that going up about $20 per month. I am not too hopeful that the price will go back down to there because by the time we get to another downward track record the underlying value (+$20 per month) would put us at current prices.

The point is to demonstrate that someone can live on bitcoins. They can hold 100% bitcoins instead of other currencies and do just fine. I have done this so I know it can be done.

There are many services that are helpful such as gift cards or a third party like purse.io, even BitPay is not direct bitcoin to the merchant. Trying to be all 100% and "pure" is just silly at this stage of Bitcoin. I gladly pay for my web hosting service even if they accept BitPay instead of me directly sending my bitcoin to the merchant's wallet.

This is new to Japan so them getting the word out with stunts like this is just fine.

It's better than the journalist in the US who tried it in the early days and when trying to get a subway ticket he stood outside of the station with a sign that said "will pay bitcoin for a ticket", when he could have gone online, used bitspend (at the time) to buy a subway ticket online. His conclusion: other than one or 2 niche stores, you can't use your bitcoins.

I'm glad this experience wasn't one of those "no, I must only spend directly from Bitcoin to Bitcoin" types of deals that others have done only to conclude that Bitcoin is difficult to spend.

Living on Bitcoin means having bitcoins and spending them. Even if you need to go through third party services.

I imagine if someone were to do an experiment of "I'm only going to spend dollars" and use actual cash they would experience more limited options. Some places in the US do not accept cash anymore.

The price jumped quickly to $1350 then came back down the day of the ETF.

The wall at $1200 is about 1000 BTC.

Huge walls like that tend to be manipulation in the direction of the wall.

McCain loves war so much he armed and funded ISIS just so we could have someone to fight.

New ATH coming this week.

I wouldn't be surprised if it was a false flag. Trump's budget calls for a huge boost in military spending. He needs to be able to justify it while we reach a $20 trillion debt ceiling.

I would also not be surprised if his son-in-law visiting Iraq a few days before the attack played a role.

Watching the videos of kids who just got hit by gas I was wondering how in the hell the camera man was there so soon after the attack and why wasn't he helping the kid instead of filming him gasping for air.

True. I sent 4 transactions the other day with the minimum fee. First went through within the hour, the other three I kept checking before I finally went to sleep. Woke up and they still had 0 confirmations. Came home from work and finally they had started going through.

I wasn't in any rush really, moving bitcoins to cold storage. But as someone who likes spending my bitcoins at places and for a lot of things, I hope things get better.

Though, worst case scenario is that people stop moving bitcoins...which clears up transactions allowing people to move bitcoins...and then they stop moving bitcoins...etc...

They catch people because of high electricity usage.

Too bad they don't have Lightning Network yet, they could run a node and not worry about the police.

My agenda is:

Either way, as this is not the development forum I will return the thread to discussions of Bitcoin price movement tracking.

Bitcoin price up over 12% since April 1. If we could do this every week that would be quite satisfactory.