Is ethereum a threat?
Wasn't XRP the threat just last week? Or LTC like two weeks ago? Or BCash like two months ago? Or....? |
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So we're still stuck at 14k. This feels like that time we were stuck at 600 and everyone went on about how bitcoin was dead.
HODLing, no big deal.
Last year the MSM's mantra was "Stay away from Bitcoin." Now the new year MSM paradigm shift is already "Crypto space is great, blockchain and shitcoins are good. If you're going to invest in this space, invest in anything and everything BUT Bitcoin." Methinks that me sees a pattern here... hmmm... |
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Want to add some insult to injury with a btc crash? How about an ethereum flippening.
It's vitally important that dumb investors pour the most money into a crypto that was the least architected and launched to be a proper store of value, as well as has byzantine, Rube Goldberg-like code designed to solve problems that don't exist. /s I hope that Ethereum flies high like Icarus. |
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Is anyone still not blown away that we are still 15X up from where we were a year before?  Last year at this time, I guessed we would end 2017 between $1600-1800. And I was so wrong. So Ima make the same prediction, I say we will end 2018 somewhere ~$22k-26k. Even that would be a great year to me.  |
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Ok my bet is 11k. 8k tested once the the weekend slump hits
Fine. I already pulled all the fiat I can use back in the $18K-19K range. And I have standing buys ... umm ... standing by, all the way down to your postulated $8K and yet further below. I think your prognostication is ludicrous, but if it comes to pass, I will have that much more BTC in my pocket. For the next inevitable pump to $50K, dontchaknow. Says Bitcoin and its dev team is shit and shills for BCash, yet buys BTC. Makes sense.  Got corresponding standing orders for BCH. If you can't see the sense in that, you're dropping a notch or three in my estimation. Several corrections: - I never claimed BTC is shit. - I never claimed the BTC dev team is shit. - I receive no renumeration for my advocacy of Bitcoin Cash. Therefor, by definition, I am not a shill. - Bitcoin Cash. Bcash is a different coin altogether. How many misrepresentations are you able to fit in one line? Torque may be leading the competition. Nice try with the handwaving, but you're entire post history otherwise speaks volumes. You'll never be able to spin your way back to being a Bitcoin TM supporter on this thread. You'll will always be known as a BCash shill, along with Peter R., et al. |
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Ok my bet is 11k. 8k tested once the the weekend slump hits
Fine. I already pulled all the fiat I can use back in the $18K-19K range. And I have standing buys ... umm ... standing by, all the way down to your postulated $8K and yet further below. I think your prognostication is ludicrous, but if it comes to pass, I will have that much more BTC in my pocket. For the next inevitable pump to $50K, dontchaknow. Says Bitcoin and its dev team is shit and shills for BCash, yet buys BTC. Makes sense. |
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My explanation for the last weeks is this: people are desparate to increase their BTC holdings by selling on the way down with the hope they will rebuy lower. This only shows that everyone knows that BTC is going to rise much in the coming years (with or without ETF). If there are still noobs that chase alt pumps, they will either be broke by the end of January, or switch to BTC in time.
Funny story time:I know a youtube personality (won't name names) that was a big fan of Bitcoin back all through 2016 and into Jan. 2017. Bragged about how much he had made investing in Bitcoin by April '17, and that he planned on paying off his house with his Bitcoin earnings one day (he slipped up in one of his videos and told how much he had left on his mortgage, which was like 80% left... he had just bought his house). But then he switched 75% into altcoins in April/May '17 like ETH, LTC, and ICOs AFTER the big 'flippening' occurred. Still brags about how much he's making in altcoins, and that one day he still plans on paying off his house. The funny thing is though, I did back-of-the-napkin calculations based on the Bitcoin amount he reportedly started with vs. his altcoin portfolio he claims to have now. If he had just kept everything in Bitcoin, he'd already have enough to pay off his house loan TODAY. As it stands today if he liquidated everything in his crypto portfolio, he'd come up ~60% short, lol. And I'm sure he's not the only big loser that feels like he's winning. |
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Some McAfee fun.
-snip-
-snip-
"She tried to kill you"
"no ones perfect"
Crazy dosent mean you dont know how to have fun.
As if anyone needed more reason to conclude that John McAfee 1) is certifiable and a drug addict, and 2) knows fk all about the future of crypto, here ya go: https://twitter.com/officialmcafee/status/950366445401231360 |
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Still no big players have returned to this market since December. Volume remains low.
So expect ease in pushing the market around right now.
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Have we just gone down 500 in 10 minutes ?
5 minutes, the 15000 buy wall was pulled @ GDAX Notice how they saved that last little ammo for the dump below 15k. Classic bitcoin. |
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And still, here we are... no getting over it.... Bitfinex keep pumping out Tether, sell pressure keeps bringing it back down...
~$16.5 was your top, give or take.
Such boldness. Calling a top at $16,5k and the year has only begun.  |
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This makes sense. I found it very strange that XRP dropped so fast whilst BTC didn't even move. If people came out of XRP, the vast majority would need to switch to BTC first surely. The same Korean exchanges have also been excluded for BTC. Don't understand why only 3 Korean exchanges have been excluded, while Coinnest and Coinrail are still included Hahahaha, LMAO. Now the pumpers won't be able to influence average price of shitcoins like BCash, XRP, EOS, etc. on coinmarketcap anymore. Controlling the tiny floats on those Korean exchanges won't matter. Best news of the year so far. |
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Peter, I understand you are a big fan of BitcoinGold and a holder, too. And you wish for others to buy up the price. But this is not the way to go about it.
Again just like with BCash, Peter R. is a "big fan" of any forked coin that he got for free and didn't have to pay for directly out of his pocket. Such a transparent shill that guy. |
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"If you want low fees and payments, use BCH or wait for LN to mature."
Why, I already use LTC or ETH for low fee's and small payments. BCH is looking to solve some problem that doesn't exist or there are already 1000 alt coins that do the same thing or better. LTC just transfers so much faster. I sent some BCH and it took just as long as a BTC send. So in reality, it doesn't solve anything.
This +1000. Also, you know what I use that has lower fees for payments, and is as centralized as BCH? A: Fiat (via PayPal or Check card). And I can actually buy stuff with it. Checkmate, Peter? |
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But Jihan has significant influence over BTC too, which is another reason it will be difficult for BTC to raise the block size limit (Jihan and the miners can prevent it).
Holy hell, wtf am I actually reading here? You big blocker retards are now actually saying that Jihan Wu would move to *block* a block size increase for Bitcoin? After all the lobbying and shilling in favor of it the last few years? Oh this is choice. If he were to do that, then his ulterior motive to create, prop up and support BCash would be crystal clear. |
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How come you can't articulate the simple following explanation:
In what if any way is Bcash superior to LTC, DASH and DOGE as transactional currency?
I view money as a ledger. Or "money as memory," as per the work of Kocherlakota. From this viewpoint, it is the information encoded in the ledger about who owns which coins that is of value. The actual mechanism used to update that ledger is just a technical decision -- which is the best paper to write on? Which is the best pen? Bitcoin Cash (BCH) and Bitcoin Core (BTC) share the same ledger up until August 1. At this point, the "ledger updating mechanisms" diverged (BCH allowed more information about the state of the ledger to be updated every ten minutes to facilitate growth). Switching to DOGE would be like ripping up the "ledger of money" because the pen we were using to update it ran out of ink. Instead, just get a better pen and keep updating the same ledger. "Blah blah blah I got all my BCash for free because I bought Bitcoin before August 1st. I didn't have to actually buy any BCash directly, so I've got no real skin in the game, nothing to lose, and everything to gain. Switching to a different or newer, better coin and ledger would make my free coins irrelevant and worthless, so I continue to shill for BCash. And I could give two shits about anyone who actually now has to buy BCash after August 1st. (which is really like the rest of humanity on earth). Fuck them." |
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I do not consider increasing blocks a good solution. It does not scale while the negative consequences for decentralisation are unclear. Since Bitcoin’s only true value lies in ‘decentralisation’, I support not hastily moving away from this core concept just to solve a current - perceived as immediate - issue. There is too much at stake.
Big data centers will always do better than hobby miners no matter what the code looks like. This whole fear of mining centralization is not only unfounded as it has been happening from day one, and will continue to do so, it is stupid. So let's all just use PayPal and be done with Bitcoin. It already performs much better as a currency system, yeah? I'll go on record to say that if Bitcoin's transactions are restricted to on-chain only, then regardless of block size, PayPal will ALWAYS be faster, cheaper, and more efficient. But inflate that block size to your heart's desire. How about you address the argument for once. And how about you address the fact that bigger blocks and on-chain transactions alone will never allow Bitcoin to compete with PayPal, Visa, MC, or any other digital currency based system. Not even in the short term. |
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