OK so lets say hundreds of you guys are HODLERs with thousands of coins each.
What would be your check out point?
Do you worry about the other thousands of early adopters who must be waiting also to cash out ?
All In ... checked out of fiat... you really don't get it do you? It's not about the money, its about sending a message to petty would-be tyrants. Noone's "waiting to cash out" ... they already did, out of fiat crap money. |
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IF we are heading back to resume/retake the exponential growth trend, and I see no reason why not now infrastructure, etc concerns have been anti-fragiled away, then there is quite some catch-up to be done.
Also at some point we have to hit some VERY steep price growth on the sigmoid curve such that on long term scales looks like a SINGULAR event when bitcoin was adopted (speculatively on price) as the network effect flipped over the tipping point from less than 25% using to more than, i.e. it becomes cost prohibitive to NOT be using the bitcoin network when more than 50% of your economic peers are already using it. Like when you felt you just had to have electricity, car, radio, TV, computer, smartphone, etc, etc because you were being left behind by not having one.
Bitcoin's singular event due to crossing the network effect threshold, if it ever happens, is still ahead of us, in case you were wondering how crazy it could get ...
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sounds like some cockroach just opened a new short and crawled out of his bunker ...
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china grabs the baton and accelerates away ...
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k 368 beckons ... if we plough through that with conviction the roof comes off and the breakout could go full bulltard mode, search lights, dogs howling, sirens, gunshots from the watchtowers, etc
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At this rate exchanges are going to run out of coins in a matter of days.
Griffin good effect ... noone wants it until everyone wants it |
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i don't think this is over yet ... the way the pullbacks are so orderly, it is like the endless dumps, in reverse ... endless pumps only interrupted by slow moves sideways to up ... i know how the shorts must feel, it's awful  |
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How is trollfi explaining this one? Has the MMM ponzi also reached finex & stamp  trolfi is counting his 'academic' bitcoin profits in fast devaluing brazilian Reals ... waiting out the collapse in well-protected gubmint fiat |
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just a little more and the breakout is on ... scratching and scraping, barbed-wire digging into the back ... crawling through the muck but escape is so close
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the bearstamp swamp has finally been overrun ... and it is now leading, who knows where this goes next but i do not think this is good for the shorts ... at all.
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guys if you are short this right now I got a baaaaad feeling on this one ..... like that scene in Platoon when they are in the foxholes at night and they can hear the gooks shuffling around out there in the jungle and just know that they are surrounded, outnumbered and all hell is about to break loose and never know whose hole is going to explode with the first grenade
i never expected us to be forming a base at 340! ... it's heading up and could be explosive breakout, no wanting to jinx but hearn's desperation means that old XT FUD dump trick of Andresen Horowitz failed this time
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Mike is going to be contacted by some powerful people in the near future who can fully occupy all his energies into more productive directions.
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Is "wash his winkle in your washing up" a euphemism for something even more despicable I wonder?
What could possibly be worse than the literal interpretation? ... with Hearn the mind boggles. |
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It is so obvious that government puppets want bitcoin blockchain without bitcoin. You know, from time to time developers need to eat! Who will finance them? Bitcoin is not an amateur game anymore. Bitcoin needs dedicated professionals working full time on any serious implementation. We should be grateful what Blockstream is doing for Core devs. This was a job originally planned for the Bitcoin Foundation but they are nearly bankrupt following Mike's and Gavin's advice to lobby and educate government. What the Bitcoin Foundation got at the end for all the efforts and money they've spent is... Bitlicense. You are saying that developers are not eating? Blockstream devs are eating well and yet nothing has been produced for their VCs investment. It seems that Bitcoin Foundation isn't the only group of investors throwing money away. Doesn't matter though. You can tell folks to sell, but investment advice is for suckers. Not sure if you have been under a rock but Blockstream have already released some proof-of-concept revolutionary code, albeit alpha/beta, in sidechains and lightning. We don't need bigger blocks where we're going because we have better performing overlays already that will let the bitcoin blockchain concentrate on doing what it is good at ... security, settlement and distributed consensus without getting bogged down and bloated in payment system feature creeps, smart contract explosions and lattes for da frap.boyz. |
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such a weird observation, are you female per chance? ... speaking from bad experiences with creepy guys e.g.?
I'm All Man but there is something very unsettling about him. Please don't leave me alone in a room with him. ... i know what you mean, he's a strange fish. Is "wash his winkle in your washing up" a euphemism for something even more despicable I wonder? |
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insane wall on iTBiT ... arb opportunities are because funds are piling up on one end or the other i.e. legacy banking system is soo slooooow)
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Mike Hearn creeps me out rather a lot. He looks like the type of guy who'd guilt trip you into the sack and then wash his winkle in your washing up and walk out without saying another word.
such a weird observation, are you female per chance? ... speaking from bad experiences with creepy guys e.g.? |
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What a disingenuous little prick of a whiner this guy is The whole thing reeks of desperation. Looks like it might be time to take the gloves off with this guy, he has become toxic. Definitely, dude deserves to be ostracized from the ecosystem. Some will claim him as a martyr of the XT jihad, oh well... I don't adhere to their religion so I couldn't care less Well these are some very personal attacks and accusations he is making in this piece. He better have his house and behind squeaky clean. (which already know he doesn't). |
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