I'm giving bitcoin few more hours to cross $7750 at least, if it doesn't cross that within a few hours, I'm declaring this bearishness "serious" and it could last longer than we expect. This announcement of Bitfinex should've proved to be more bullish than the output we received till now. But serious question though: why would you consider this bullish? 1. Bitfinex is considered one of the shadiest exchanges 2. The Japanese have their own exchanges 3. We are in a downtrend. Even positive news gets ignored.
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Yep!!!! This was all pre-planned from a year ago and perhaps two years. There are whale manipulators who knew these details all along. I knew it. Hey guys look, JJG is soooo smart! He just adds the sarcasm and eyeroll emoji and it means that he's right! In fact he's always right! About everything! Let's all bow down the the master crypto god here! (an annoying little narcissistic fuck... not much better than a troll) EDIT: Fuck off JJG, really EDIT #2: Not suffering the fools and idiots that hang out here any longer. Time to clean house.
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"Dear valued customers, We will close all the trading pairs in BCH market of Token Trading at 18:00 Mar 30, 2018 (Hong Kong time, UTC+8) due to inadequate liquidity. For better management of your funds, we recommend you to cancel your pending orders as soon as possible or our system will cancel them all at the closing time. Thank you for your understanding and we apologize for any inconvenience caused." https://support.okex.com/hc/en-us/articles/360002258531OKex appears to be bcash's highest volume exchange. Goodbye BCash shitcoin. We hardly knew ye.
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Guys, your reasons for the continuing downtrend are all wrong.
It's pretty simple.
1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.
2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.
3. Whale(s) massively short sell/dump in one go. Ending bull run. Whale mega money then sits on sidelines.
4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.
5. Average Joes finally lose interest. Sell at bottom.
... and then... eventually... (*we are not there yet*)...
6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.
There are no "reasons". There are no plausible "FUD". Its just the way it goes.
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The central bank will also push forward the research and development of its own digital currency this year, Fan Yifei said in a statement posted on the website of the People’s Bank of China (PBOC)
Their own digital currency soon TM. Lol. They're even recycling FUD from 2 years ago.
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You do realize that as soon as there is an increased demand for transactions again, fees will go through the roof again, right?
So you are saying that we need to architect for speculative, pump-and-dump throughput that happens over a few month period every 2-3 years? It literally sounds like you are saying that. That was never the use case nor the purpose of Bitcoin. Maybe you should get your head out of your ass so you can better hear what I am saying instead of making up your own shit. Anybody that has run the numbers knows that the current network cannot even remotely handle global transactional demand. And Lightning Network is the answer to that. Not just more block size pile on. The amount of people using bitcoin worldwide is still quite tiny. I would hope that it is our goal to increase our userbase and thus the amount of places and people that accept your bitcoins.
Again, block size increases have nothing to do with the promotion of increasing userbase or merchant adoption. If that were the case, merchants and end users would be going crazy for BCash right now. News flash, Walter Cronkite: They aren't.
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Tough titties, bucko. Your impotent rant hath no power here. I'll raise the argument whenever I want.
And I'll remind you to fk off. Whenever I want. A peer-to-peer system that is seeing declining use is nothing to celebrate.
Yep, you're exactly right about BCash. Nothing to celebrate. You do realize that as soon as there is an increased demand for transactions again, fees will go through the roof again, right?
So you are saying that we need to architect for speculative, pump-and-dump throughput that happens over a few month period every 2-3 years? It literally sounds like you are saying that. That was never the use case nor the purpose of Bitcoin.
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Btw, I just wanted to take a second and set a few folks here straight.
You fkn big blocker trolls, BCash shills, and even some Bitcoin bulls who were whining all last year about too high transaction fees and how Bitcoin absolutely NEEDED > 1mb block size and like IMMEDIATELY.
With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.
Spent soooo much time arguing with you fuckheads last year, now you have fk all of an argument to stand on.
/rant
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The most hilarious and rewarding thing about this downturn is watching the shitcoins get absolutely destroyed.
Flippening? Not a fkn chance in hell.
I sincerely hope shitcoin beliebers are rethinking their delusions about now.
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In physical silver we trust Why do you think that is? I've got a piece of a theory: silver has moved heavily into industrial usage such as electronics, phones, military, etc. and the Powers That Be want to keep it cheap as possible forever. Incidentally and despite our resident roach shill, I've been accumulating some for sure.
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Ethereum is crap. All shitcoins are crap.
Buy Bitcoin and only Bitcoin.
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Altcoins on Ethereum blockchain? Tokens? Amazing they call it Coinbase and have. THREE coins. This just in: Coinbase officially changing its name Shitokenbase.
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For years now I keep reading "...when Bitcoin takes off.." or "...in the future, Bitcoin will become...."
It has already taken off.
We are living it.
The future of Bitcoin is here, and now.
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I'm going to start a conference called "Steve Jobs' Vision". It's going to be all about how Apple has lost it's way, and the NeXT computer was the perfect desktop computer that people should have been using all along. I'll manufacture about 5 new NeXT computers, and take pre-orders for the rest.
Haha. And garner a $16B market cap? Riiiight. JLawGoodLuck.png I see the irony of the joke was completely lost on you. But you've always been a little slow. If I only sold 5 units it'll still be more successful than BTrash ever will be..
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