Will it resemble a bull run? Isn't it all just internal accounting if the coins are owned by Venmo?
we are already in a bull run and a couple of days with a small drop has not changed that. but this news is great, it is another step in mass adoption direction. the exposure alone is going to make bitcoin a lot more popular even if the bitcoin purchases there don't affect the price directly they are still bringing a lot of other people into bitcoin world. |
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"someone" no, every whale has been buying big amounts of bitcoin in the dips every time the dip happens. there are lots of them too.
by the way your picture does not prove anything. just like all the previous topics similar to this one, we have no idea if these coins came out of coinbase and even if they did we still have no way of knowing if someone actually bought these coins. it may be coinbase itself sending coins to another wallet of theirs.
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no. this is not a new thing. i have been around for a couple of years now and every time there was a small drop during the bull market there is a lot of negative spam on bitcointalk (and other places on the internet) about bitcoin.
it is a certain group of people who try to force another certain group of people to sell their bitcoins out of fear. the first group are the manipulators and the second are the newbies.
it will all blow over in a couple of days.
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the recent promotional deposit bonus was a bit unfair don't you think?
it said deposit any amount and get 10 new rolls on wheel of fortune. which means if you deposit 1 bitcoin you would get the same number as someone else who deposited the minimum amount of bitcoin!
i think such promotions should be based on amount deposited and you should get 1 new roll for every for example 0.005BTC.
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if you check any of the previous corrections you can see that they always look the same and most of the times the situation in the market is also the same.
for example this last correction was a small 10% correction which is a very common correction that takes place each time price rises too high too fast and then fails to break the next resistance level so it falls down a little before it starts climbing back up again.
with this recent correction we had an incident about the hashrate that helped with spread of panic among weak hands who are always too quick to panic dump their bit coins. so the drop was sudden and some newcomers think it was a "crash" while it was a simple correction.
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How you will determine the price of Dogecoin? In crypto, it is not necessary to have a good development company or active team which I can say after seeing the price of doge. If a useless coin can go more than 7500X then it won't be so hard for a well-established company to manipulate the market. I think it could go 2 to 3X from where it is now.
but there is a difference between manipulating altcoin market and manipulating stock market. first of all the stock market is so much bigger and has more experienced traders that can see right through the manipulation, unlike the very small altcoin market filled with newbies that fall for the manipulation every single time. secondly if someone tries manipulating altcoin market the final result is possible profit but if someone tries manipulating stock market the final result is an investigation into this illegal act and eventually arrest and jail time in addition to a big fine. |
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It is good to think that the image of Bitcoin improves over the year from being hated now being supported by large institutions. As time goes by and every year will pass, along with it the massive adoption we've all been waiting for will eventually gonna happen. If more institutions will come over crypto this will be a reason for other counties to lift the ban against crypto, especially in Bitcoin. This will increase the demand for Bitcoin and will cause a positive impact on the price. It may be under correction right now but this is one of the best opportunities to buy cheaper coins for use to maximize our profit.
bitcoin was never exactly hated but mostly feared by those that could have been replaced by it for example the flawed payment processors. nothing has changed now. we are just seeing more investors coming in which we can not call "adoption" because these institutional investors are just big speculators that are going to play the market for maximum profit. |
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Why am I wrong?
where should i begin  40%? are you crazy. try 10% both in hashrate and price. control? try different FUD, this is not working because at this point it is the oldest FUD in the book. |
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the hashrate chart found on https://charts.bitcoin.com/btc/chart/hash-rate#5m9v shows only 20 Exa hash drop which is 11.7% drop in total. the stories also don't make sense to me. the power outage was only in part of China in northwest of it and the list of mining pools in that picture contains a lot of pools that are not even in China and Chinese miners aren't connecting to them in first place so how can they experience drop in their hashrate even if Chinese miners were out? |
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I believed that bitcoin will not last because of government policy is against bitcoin
which government? there are hundreds of them and many aren't against bitcoin. and many people is seeing bitcoin as a scam,
what do you mean by many? did you run any reasearch and ask people in the streets what they think about bitcoin or are you just saying it to have said something? so with such points I don't think bitcoin will stay till 2030,
since when 2030 is infinity? and if bitcoin stay till then that means it will stay till further notice.
why use this arbitrary year? bitcoin has been around since 2008. it is not like it was made yesterday. Please am not here to criticised cryptocurrency but from the attacks government attacks crypto I think such will come in reality.
it seems more like you are deep in some FUD. |
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you misspelled one letter "BTK's crisis is coming".
in the following week BTK that is bitcointalk will see a lot of Doge bag holders who will create a lot of topics like OP trying to advertise it and get it to pump a little more or pump it enough for them to have a way of dumping it and getting out with their initial profit without a major loss.
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 02000000014cfd5c0eeb1122739d444ddb725f06d7e479e445102bb51cdf741f9337a6379800000 00003515151ffffffff0120cb0000000000001976a914e540f8916e15c856666284fe6b0a7126dc 63ae5988ac00000000 this was funny the OP_CHECKSIG VERIFY fails because it is looking for a signature and you have none. after running the script you will end up with a bunch of true/false on the stack and none of them are a valid signature. it doesn't even matter if it is non standard, if you don't have the private key of this public key (04d09be54f7e26f6319c2d366a04f766a7854cda67785c26f5ffdb59d4b9b1f45e272ba7cd09743 cbab01fa28d19032e61f35c61ee5298c7dd7301aa05213a4ec4 ) (i think one is enough and not 2) you won't be able to spend this. |
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^ I’d love to say ‘don’t panic’ but that has me worried, not gonna lie. I feel like it’s gonna be a major blood bath first thing on Monday mornings of Asia, Europe then the US. Keep watch on the hourly.
but there is no reason for the drop we had apart from panic selling by weak hands and when it is because of FUD it can not become bigger. right now price is sitting at 92% of yesterday's price (only 8% drop). which is a normal thing for a correction too. There is a reason, it is not manipulation, it is not speculation, it is purely automatic and will go back up surely. The huuuuuuuuge amount of money that was borrowed in USDT at binance was liquidated, there were tons of people who did that, in billions of dollars, and when they got cashed out, it dropped more and cashed out more and just kept going until it wasn't that bad and all of it was liquidated. It is not really anyone doing it, it is just automatic, when the price dropped just a slight bit, that triggered one wave, which triggered another and just automatically dropped. All the news about why it dropped is wrong because this is literally proven and factual data that could be tracked and seen, as long as we have that we know that it is neither manipulation nor pump/dump situation, it is purely unwanted auto move that was resulted by people who borrowed too much. that makes sense but only a little bit because there is always a lot of people who are doing this exact thing in bitcoin market and binance is not the biggest place they dump bitcoin. besides the drop because of such liquidations (and an automatic drop as you say it was) has a slow speed but if you look at the charts this dump was sudden. there is a huge red candle in 30 minute charts! that should be a good indication that this was manipulation and fake dumping. |
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Thanks, what I would like to understand is if all these UTXO of type "" type ":" nonstandard "" are expendable or are blocked if not included by mining pool etc ...
the default setting of bitcoin core is to not accept non standard transactions in the mempool and people who run this full node don't change it and even if they do majority of full nodes don't which means your transaction won't spread in the entire network enough to reach a miner. and even if it did the miner may not accept non standard transactions by default. Is the transaction I build wrong ?
nobody can answer that without seeing the transaction you built. |
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the amazing part is in the number of shorts in the past 24 hours from people who have been desperately trying to make profit from bitcoin falling.
the more amazing part is going to be the amount of money this very same people are going to lose when price goes back up without going any lower than the price they wished it to reach.
that "wish" is the reason for all the negative stories FUD today.
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^ I’d love to say ‘don’t panic’ but that has me worried, not gonna lie. I feel like it’s gonna be a major blood bath first thing on Monday mornings of Asia, Europe then the US. Keep watch on the hourly.
but there is no reason for the drop we had apart from panic selling by weak hands and when it is because of FUD it can not become bigger. right now price is sitting at 92% of yesterday's price (only 8% drop). which is a normal thing for a correction too. Here’s the hourly.
whenever it takes less than 20 minutes to drop that much that is a good indication that this is just a market manipulation not an actual drop! drops that also grow big are much slower than this. |
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If you have been following events as it relates to bitcoin price weekly analysis you will be familiar with the fact that bitcoin always reset it price on a weekly basis starting from Monday,
if you had looked at the charts for more than one or two weeks you would have been familiar with the fact that bitcoin does not follow any trends like this because bitcoin market is not a traditional market to open at the beginning of the week and close at weekends and it is also global! and the direction the reset goes may greatly determine the price through out the week,
you are wrong again. the direction depends only on the trend. on a bull trend the price tends to go up and it will jump up whenever it breaks the resistance. it can be on weekend, middle of the week or the start. What are your thoughts on this?
you should always look at the chart as a whole not select a tiny portion of it to make a conclusion. |
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has speed of only 0.2 hashes per seconds (1MHz PAL).
very interesting but i don't think it is all because of the 1MHz speed that it is only computing 0.2 hashes per second or 1 hash every 5 seconds. it is probably partly because it is computing SHA256 hashes instead of SHA256 hash of a block header that could be slightly optimized and also about 40% of the computation of the second round can be skipped. i don't know how much memory can be used but part of the hashes could be cashed and reused. also every round is not just computing hashes, it is printing a lot of stuff for user and when we are talking about 1 hash every 5 second that should also take a significant percentage of the time. anyway it is a fun project that is forked from another fun project to mine bitcoin using a game-boy  |
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that's just a start, everyone is starting to get on board the bitcoin train which reminds me of the first quarter of 2017 when price rise was starting to warm up. it first starts by the media covering bitcoin a lot, then in social media we keep seeing a lot of people talk about bitcoin. then they all start buying bitcoin slowly as they see it keeps on rising every day. before we know it the price is going to be $250k and the $1 million FOMOculation starts like last time.
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All mentioned wallets are widely known. What's about wallets that emerged recently?
it depends. there are certain basic characteristics that they must have to pass the first stage of being considered. 1. they must be completely open source. there is just no excuse for a bitcoin wallet to be closed source, even remotely like using a closed source library while the rest of it is open. 2. the wallet has to have basic features such as supporting sending and receiving from and to SegWit addresses, create all standard address types, ... 3. don't rely on a single centralized server and be more decentralized such as what electrum does by connecting to other nodes run by anyone (the vulenteers) instead of the company itself. usually the new wallets that pop up fail in first point (open source) and don't have to be considered at all). |
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