By the way the bid depth here on all exchanges in fiat is still the same, or lower, than it was in the 6000s. If this was truly going to rally to the next ATH and such, the bid depth would be building much bigger. So this is a temporal rally.
Irrelevant. Money massed on exchange is by definition belonging to people that have already committed to the idea. This is not the driver of Bitcoin appreciation. The driver of Bitcoin appreciation is continued adoption. New entrants waking to the reality of ucorruptable money are the fuel for this rocket. |
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Interesting. Goes on the 'to investigate' pile. If the reality comes anywhere near the marketing copy, this could be important. |
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Now Btc $98xx, when its $6xxx-7xxx I thought its a joke. So I didn’t buy any, now its hitting 10k soon. What should I do ?
Buy. Duh. OK, too terse - sorry. When asking yourself 'when should I take this money, and invest it in Bitcoin?', the answer is always 'today'. True, it may go down tomorrow. We don't know whether it will increase or decrease in the near term. What we do know, is that in the medium term, it will increase, and in the long term, it will increase spectacularly. You're looking at an investment that routinely does 10x a year. Don't risk missing the boat - and don't risk being able to buy only half as much Bitcoin, because you were waiting to BTFD (buy the f'ing dip). Today. Now. |
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Interesting takeaways: - The individual FED banks are speaking of Bitcoin and its valuation being determined in essentially the same manner as the valuation of fiat. - FEDs acknowledge that there is a place for cryptocurrencies. - FEDs acknowledge the cryptocurrencies are legitimately currencies. (curious) - The Vampire Squid (Goldman Sachs) is the leading institutional player in crypto. - - editorialization: While the arrival of the Vampire Squid is distasteful, we know that Bitcoin is meant to be permissionless -- i.e., we knew this day would come -- and it is actually a good thing, being a necessary consequence of continued adoption. As long as we who believe in uncorruptable money of the people continue to hodl fast, then we -- not they -- control our monetary destiny. |
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Gantz.
Gantts:  |
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“Congress gave the Fed a monopoly over money,” Mr. Warsh said. “
Which was fraudulent and in violation of the US Constitution
ok, perhaps. but it's been accepted as normal, allowed, and legal for... what, something like 100 years now? what, precisely, do you expect to be done about it? to remove the fed's power is nigh impossible. it would likely require literal war and revolution to bring down the government as we know it and build something new, or at least closer to the original constitution if that's the goal. i say the same thing to any theory - like faked moon landings or flat earth or less insane ones like this Fed thing. ok, so maybe you're right. what's your point? what do you want to be DONE about it, and what will that change? are you going to do it? do you think you can actually effect change at all? Wrong. We are all doing something about it. We are in the initial stages of a revolution that is inevitable, and will succeed with nary a shot fired. We are simply sidestepping the FED. Let them have their imaginary money. We don't need to tear it down. We just need to continue to advocate this alternative money. |
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I guess. If you want to hold paper gold rather than gold. I wouldn't touch it with any pole. And their claim of 'first crypto-to-gold' exchange falls flat. Perhaps twice. If not only for the fact that you're buying not gold, but rather a gold IOU, but how long have they been operating really? There have been several actual metals vendors operating since years. |
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wordy man and pick-nick bear works like this  'Zackly. It harvests the volatility. |
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A wee update, as of last night's action I have officially turned a 0.1 BTC profit using my cross-crypto J&J incremental strategy.
It is slow, but it works reliably.
Congrats. It's been a routine profit machine for me. |
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Bitcoin Cash is worth holding for long term. This coin will be better and better in the field of payment.
I think that in the long term Bitcoin Cash will fall. Because Bitcoin will always remain the first coin. But the only thing that places Bitcoin Segwit in the Bitcoin position is it is the chain with the most accumulated proof of work. When Bitcoin Cash surpasses Bitcoin Segwit in that measure, then Bitcoin Segwit will cease being Bitcoin, and Bitcoin Cash will become Bitcoin. Just as satoshi designed. Sure, it is arguable whether that event should ever come to pass. But them's the breaks. |
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why it is pumping? any news?
Because it's a pump and dump coin salty? Bcash needs to be stopped it's technically malware imho  we need to stop this Bitcoin "Cash:-cartel now and forever.  I see you still have not bothered to understand 'decentralized, open source, permissionless'. Don't fret - it will come in time. |
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why it is pumping? any news?
Because it's a pump and dump coin salty? |
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Haha. BCH rises 100% in two weeks, then recedes a few percent, and you think you've got some trumpetable victory?
Take you whining here: bcash wall observer.It was quite the opposite of whining. Curious you do not make the same directive to RoomBot, who is the one that introduced the subtopic. Good God the whole passive aggressive bullshit is so tiring. This the the BITCOIN Thread. As in BTC. Not the bastard r/btc, but bitcoin. The first. The only. BITCOIN. Yes, with segwit. Yes, with various second layer technology coming. Not BCASH. A fraudulent hackjob of a hijack. You post here with the intent to stir up shit. Ignored. Logic ain't your strong suit, is it? |
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anyone knows why there is a consistent pump of Bcash over bitcoin and other altcoins?
Maybe people are waking to the fact that Bitcoin Cash is what Bitcoin is supposed to be? |
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Haha. BCH rises 100% in two weeks, then recedes a few percent, and you think you've got some trumpetable victory?
Take you whining here: bcash wall observer.It was quite the opposite of whining. Curious you do not make the same directive to RoomBot, who is the one that introduced the subtopic. |
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Queue the music: "One of these things is not like the others....one of these things just doesn't belong....."#Bcash is trash Haha. BCH rises 100% in two weeks, then recedes a few percent, and you think you've got some trumpetable victory? |
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I guess I don't get it.
Sadly..your probably right. Give it a whirl..its never to late imho. In probability theory and statistics, skewness is a measure of the asymmetry of the probability distribution of a real-valued random variable about its mean. The skewness value can be positive or negative, or undefined. https://en.wikipedia.org/wiki/SkewnessGee. Great. Still doesn't explain why the line you drew on the chart has an inflection point on the 15th. |
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