Beecoin Crash at 0.072. Might be a good trade
My standing orders have been getting hit.  |
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anybody else surfing Zillow.com tonight?
this here is daydream fuel
Daydream, nothing. Being shown a house tomorrow, and another on Saturday. Cheers!
In this moment, my penis is turgid.
$13k.
Wow !
getting out my dictionary.... You named it dictionary? zing!
But this is silly: CNN: Bitcoin boom may be a disaster for the environment. What will happen is more efficient miners will be built, or the halvening will slow down the mining rate. Difficulty will adjust down as needed and that will be that.
Nonsense. The expenditure upon electricity for Bitcoin mining will track the revenue from mining Bitcoin minus capex and a sliver of profit. Regardless of efficiency. Of course, economic activity from that Bitcoin will displace legacy economic activity, with energy usage in that sector ramping down. Probably won't be a wash, but it will offset.
So these so called "uncorrelated assets" that are supposed to both move in the same direction
idonotthinkthatwordmeanswhatyouthinkitmeans.png
It's almost as if Satoshi knew that specialized hardware and data centers would be created to mine bitcoin, told everyone about it, and it wasn't at all a surprise to anyone that this happened.
Bitcoin is decentralized, moreso than any other currency, and right now is best used as a digital store of value. That's a good start. Using it as currency is also possible, but clearly we're going through some growing pains, as the current explosive influx of users and interest was unforeseen.
^^fair and balanced
I've kinda had it with Coinbase, Kraken and Genesis
I feel your pain. As in, I am experiencing frustration with Coinbase as well. Last 36 hours or so has been an exercise in frustration for me. However, it is _usually_ flawless. At least the trading functionality is. Although anything requiring a human at any step of the process has always been a poor experience. That said, all the others (yes, all) suck more.
I'm thinking we really need an "BCT oldfag fiat millionaires" meetup, somewhere in the USA, around March or so. Pick the state (I vote either Montana or Texas
I'd be game, should oldstraights be welcome as well. - carry reciprocity, yo),
Did you miss it? The house passed nationwide carry reciprocity yesterday. Yes, the house. Of course, senate has not yet acted. But progress.
No one here is opposed automation I imagine.. Yes it is for sure needed to keep our standard of living.
I however do not believe that there will be enough jobs for everyone to work the long hours we do now. So things need to change if automation cause the major disruption it's predicted to do.
Either unemployment skyrockets, in the worst case causing extreme poverty and eventually riots/revolution. Or everyone agrees to lower weekly working hours and shares the income like that (which also means that wages for sure need to go up). Or some sort of UBI is implemented, so no one if forced into poverty.
This is of course some ways away, but I certainly cannot see many new jobs coming, like it's happened the past 200 years. There's quite a few good videos on youtube explaining exactly why that is
You sound unaware of the origin of the term 'luddite'.
imagine how many geniuses in the arts and such go utterly unknown simply because they are too busy trying to earn FOOD and shelter to actually DO anything with their talents and ideas.
That is society's way of trying to knock through the skull of these so-called 'geniuses' that their calling holds no value. What clearer signal could there be? Hate to be debbie downer, but that's just the reality of the situation.
I saw $19697 on GDAX today and thought all the other exchanges must be close to $20k. Then GDAX went back down to $16k and I realized all the other exchanges hadn't gone significantly above $16k.
On the 15 minute chart, it was just a single candle. Probably a flier when liquidity dried up from someone trying to buy millions all at once. FOMO. Its a scary drug.
I just can't frequent here on the regular in good conscience but I'll stick my head back in once in a while  Oh hell. I'm here. I take slings and arrows of grievous misunderstanding for my views, but my conscience is clear. |
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Haha. Ignorant claim is ignorant. " These blocks are definitly much larger than any of the blocks created for the Bitcoin chain ( max. 1 MB per block) and are probably record-breaking regarding any live-chain running today!" orly? Proud of 3 measly MB, are ye? Of course, Bitcoin Cash led the way months ago with a block just barely shy of 8MB: https://blockchair.com/bitcoin-cash/block/479469
the ability to open and close channels can be automatic and seamless inside your wallet software
Not if there is a significant backlog of transactions trying to get added to the blockchain. If everyone in the world wanted to open only one channel each, it would take over 30 years for BTC to accommodate that demand. And nobody can use Lightning without opening a channel. |
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Why would people even buy BCash when we have Iota now
Because Bitcoin Cash is the best Bitcoin, while IOTA is merely broken smoke and mirrors - at least as far as being a money is concerned. Sure, it's enjoying a meteoric rise right now. But there will be tears.
Of course, LN is valueless until it implements a decentralized, permissionless, anonymous routing scheme. Which nobody has a clue how to do. Get back to us when the breakthrough invention is imagined, architected, designed, coded, and working.
people you have to understand ...bcash is just a BTC fork...did ver worked on bitcoin core dev ? when did he code something ever ?
Exactly. Roger had nothing whatsoever to do with Bitcoin Cash until well after the Bitcoin Cash network was up and running. He didn't code it. Correct. The excoriating of Roger's (admittedly negligible) coding skills is an irrelevant canard created by core shills in order to cast aspersions upon the project as a whole. Fuckin' Idiots. Yes, with a capital 'I'.
Probably not. But what would it matter? What matters is whether or not the info in the article is true. Are you saying that the claim that Steam has stopped accepting BTC, with the stated reason that fees are too high and network performance is unreliable, is false?
we all know its you jbear. stop embarrassing us
Are you referring to me? Are you on drugs today? Even if it wasn't absurd to conflate me with anon1, why would I make such claims? |
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I'm also 99% sure Fort Knox is empty. The trajectory for gold holdings of the US was on a clear extreme downtrend when it was in the 4000-8000 ton area decades ago.
Yeah. The books say ~8133 tonnes in Ft Knox. But I share your skepticism. |
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Bitcoin up 4%, bcash is down 10%. This is a pattern I'd like to see repeat.
It bears repeating. Get it, [jbreher]? Haha. Reading this several hours later. GDAX just flirted with $12,730.04 (USD). Bitcoin Cash at $1442.00. If this goes on much longer, I'll be at net zero for my BTC->BCH buys. I'd rather see BCH get pumped, but I am more than happy to have it happen for BTC. After all, I've got lowball standing BTC->BCH orders that are getting hit. I decided I'd like a new house. I've accordingly increased the stakes on my laddered volatility trading scheme. Cheers! |
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How does paper wallet work?
Determine your private key. Write it down on a piece of paper. Done. It'll 'work' for as long as you keep it hidden from prying eyes, and are still able to read what is written on the paper. The term has been generalized to convey the concept of affixing a private key - in visible alphanumeric form - upon any tangible medium by any means (e.g., stamped into metal). |
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Anyone know if you can trade on gdax without a coinbase account? Cause I don't wanna set up anything coinbase.
Request is ... straaaange. I don't know. GDAX _is_ Coinbase. Just another view thereof. |
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I just checked Coinmarketcap and they say it's over 10kEUR. Bitcoinaverage, whom I trust more, say it's only 9990EUR.
Do we consider this landmark reached?
Well, average has crossed a few times, but both Kraken and Stamp not yet. So for me, the landmark is not reached yet. I think that there is a natural tendency for humans to 'cash out' at human-friendly prices. So I expect a fair amount of hodl > sodl at 10K Euro. Accordingly, perhaps the relevant question is not when we reach 10K, but rather when we leave it in the rearview. Aren't you supposed to be a bear? You need to quit stereotyping people animals. If you don't it'll turn you into a social pariah someday. Your bench selfie. Or are you one of those genderfluid unicorns?  No. Just extremely hirsute. If you had any sort of inkling the ostracism I've had to deal with due to simple vagaries of divergent genetics, you'd likely change your tune. If you have either a heart or a brain, that is. |
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Feel free to suggest edits or corrections. Later, I will publish this on Medium as well.
OK - you asked. 1) I think your narrative is weakened by your jumping from metaphor to metaphor. War, Cars, Marriage... it's a little sloppy. Though this is a writing craft issue, and I am not a writer by craft, so I have no suggestions on fixing it. 2) Though fixing 1) might also resolve 2), wherein you claim that: to satoshi, bitcoin was an instrument of war. That's an awfully strong statement. One that frankly I've never seen evidence of. And you provide no evidence thereof other than your bald claim. You should either support the statement, or drop it. The confusion over this gets in the way of your narrative. 3) This should be easy to fix. The name 'Bitcoin Legacy' is Just Plain Wrong. Sure, there was a Bitcoin Legacy at one time. But it was executed on the day that Segwit activated. I suggest instead 'Bitcoin Segwit' - that is a clear exposition of its true nature. Thanks for sharing. |
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Bitcoin is not used a payment service and neither is [Bitcoin Cash] or any other crypto.
In tendering such an absolute claim, you have rendered yourself absolutely wrong. Cheers! Why so >? Please tell me at which supermarket I can pay with crypto would love to know. Target. Whole Foods. ... Gyft. I thought everyone in the crypto space already knew of this. C'est la guerre. https://www.gyft.com/bitcoin/Or alternatively - Xapo. Shift. ... I thought everyone in the crypto space knew of this, too. Or alternatively any retailer using BitPay or similar service. I thought ... Perhaps you are new here. At one point, actual retail Point Of Sale Bitcoin transactions were starting to become A Thing. But that was before Scalepocalypse. Great u still don't get my point huh. Don't you see almost everyone is using it to trade with or as a store of value. Crypto's are awesome to trade with cause they are so volatile. I think I get your point, but you make it poorly. And my initial reply should have informed you exactly what was wrong with your blanket statement. But you somehow did not see it. True, cryptos are not used as a leading payment system. Now here's my point: to some small extent, they are being used for payments. Which makes your absolute statement false. Now here is a second point I snuck in along the way: crypto used to be used more for payments than it is today. Its use went from increasing to declining when Core's insane Raspberry Pi fetish led them to throw the payments use case -- along with many other use cases -- asunder. As persistently full blocks led to indeterminate settlement times and untenably escalating transaction fees. Fortunately, Bitcoin Cash fixes this broken model that Bitcoin Segwit has abandoned. With any luck, uptake of the payments model will have another positive inflection. Leading to a healthy, viable, vigorous, and profitable Bitcoin Cash payments ecosystem. |
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I just checked Coinmarketcap and they say it's over 10kEUR. Bitcoinaverage, whom I trust more, say it's only 9990EUR.
Do we consider this landmark reached?
Well, average has crossed a few times, but both Kraken and Stamp not yet. So for me, the landmark is not reached yet. I think that there is a natural tendency for humans to 'cash out' at human-friendly prices. So I expect a fair amount of hodl > sodl at 10K Euro. Accordingly, perhaps the relevant question is not when we reach 10K, but rather when we leave it in the rearview. Aren't you supposed to be a bear? Said who? You need to quit stereotyping people animals. If you don't it'll turn you into a social pariah someday. |
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Was it really? Or do you mean it was unexpected that they'd flip around so quickly? Yeah, fair point... I guess was not expecting it a just few weeks after their CEO claimed it is a scam In fairness, it was just one of their quants speaking seemingly off-record. Does he still have a job today? |
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I just checked Coinmarketcap and they say it's over 10kEUR. Bitcoinaverage, whom I trust more, say it's only 9990EUR.
Do we consider this landmark reached?
Well, average has crossed a few times, but both Kraken and Stamp not yet. So for me, the landmark is not reached yet. I think that there is a natural tendency for humans to 'cash out' at human-friendly prices. So I expect a fair amount of hodl > sodl at 10K Euro. Accordingly, perhaps the relevant question is not when we reach 10K, but rather when we leave it in the rearview. |
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AAMOF, CBOE is openly planning it. Not that such derivative products are likely to much matter.
delusional "[CBOE President Chris] Concannon said the exchange thinks a family of cryptocurrency products, including futures for ether and bitcoin cash, could come to fruition as the market continues to mature." - http://www.businessinsider.com/cboes-president-hints-at-ether-and-bitcoin-cash-futures-2017-12Not that such derivative products are likely to much matter. Not really sure what you mean by 'lack of interest'. But so far, so good. Below hopes, but above BTC returns.
Super delusional Since 2017 Aug 01, my Bitcoin-derived portfolio is up 3.82x in USD terms. Plus unmeasured Bitcoin Gold. Plus a little cash pulled out. Is that good? How you doin'? |
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Bitcoin is not used a payment service and neither is [Bitcoin Cash] or any other crypto.
In tendering such an absolute claim, you have rendered yourself absolutely wrong. Cheers! Why so >? Please tell me at which supermarket I can pay with crypto would love to know. Target. Whole Foods. ... Gyft. I thought everyone in the crypto space already knew of this. C'est la guerre. https://www.gyft.com/bitcoin/Or alternatively - Xapo. Shift. ... I thought everyone in the crypto space knew of this, too. Or alternatively any retailer using BitPay or similar service. I thought ... Perhaps you are new here. At one point, actual retail Point Of Sale Bitcoin transactions were starting to become A Thing. But that was before Scalepocalypse. |
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Someone from the BCash camp gave Rick Falkvinge the green light to write it and put it out there.
Ha. Haha. Hahahahahahhhaaaaaahhaahahaha. delusional. Here's the original doc link: https://bitcoincash.org/letter-from-the-ceo.pdfProve me wrong, troll. Or you can, ya know, just STFU. Haha Torque. You funny. You've been literally telling me to 'shut up' for - what? - a year now? How's that working out for ya? Like I said - delusional. Still no proof of me being wrong. Just a lame comeback and a hand wave. What exactly am I supposed to prove, in your estimation? You are the one making the claim that Falkvinge got marching orders from some other power in the Bitcoin Cash ecosystem. Who rendered these marching orders? When were they issued? What is your proof? The proof is impingent upon the claimant. OTOH, it is widely recognized that proving a negative is possible only in corner cases. As I said, delusional. Hey, is [Bitcoin Cash] set to trade futures yet?
AAMOF, CBOE is openly planning it. Not that such derivative products are likely to much matter. Actually, we won't know what effect the trading of such derivatives have upon the base asset until such trading is actually underway. Like I said, delusional. How's that lack of interest working out for ya?
Not really sure what you mean by 'lack of interest'. But so far, so good. Below hopes, but above BTC returns. Cheers! |
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Bitcoin is not used a payment service and neither is [Bitcoin Cash] or any other crypto.
In tendering such an absolute claim, you have rendered yourself absolutely wrong. Cheers! |
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Someone from the BCash camp gave Rick Falkvinge the green light to write it and put it out there.
Ha. Haha. Hahahahahahhhaaaaaahhaahahaha. delusional. Here's the original doc link: https://bitcoincash.org/letter-from-the-ceo.pdfProve me wrong, troll. Or you can, ya know, just STFU. Haha Torque. You funny. You've been literally telling me to 'shut up' for - what? - a year now? How's that working out for ya? Like I said - delusional. |
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