Well... we are just one week away from "mid to late January" and the Bitcoin market looks pretty stable, so maybe I was wrong and Bitcoin is not going to crash  what do you think? |
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Bitcoin Cash is just a form of double spending through social engineering.
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[...]
Now you have these guys like Adam Back and Coblee making nonsensical comments claiming that bitcoin is proof of stake and mining doesn't even matter. [...]
I really don't understand your interpretation of those tweets: they are not talking about PoS. |
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omg the next 48 hours are soooo critical  |
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 First stage of KARHU accomplished. See you in a few weeks  |
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HODLing forever is a terribly irrational strategy. When the cost of mining goes too far away from the market price, when there aren't good fundamentals for this crazy speculatory rally, when there are exchanges pumping the market with fake dollars, when we have actual scalability issues that make companies like Valve abandon Bitcoin because of the current price of transaction fees, THEN you have to reevaluate the reasoning that explains the current price...
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I'm going to say ~$3700 looks good
That's funny, I'm also expecting that floor, a bit lower maybe in some exchanges. This is pretty close to the current cost of mining too (~$4k IIRC). |
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Right on time!   |
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The age of KARHU is here!
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Hey y'all my dear bears! Bear season is coming soon and it looks like this time we will have some brutal ride! Alpha leader: Proudhon (as always) Invited: all the ol' permabears of course, tempbears, and why not, weak-hands too! Not invited: the obviously delusional rest... So, lets predict when will Bitcoin crash into the tripledigits. I think that after the upcoming flash crash and some short bulltrap, we will see an extreme fall probably in mid to late January, what do you think?  |
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I hope this reality check will help to bring back the community to planet Earth...
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Well, instead of doing an audit they will just go and threat some random Twitter user, wtf Bitfinex has hired the law firm of Steptoe & Johnson and is threatening legal action against a pseudonymous blogger and others who it says have made false claims about the bitcoin exchange.
In a statement, Bitfinex said it hired Steptoe to respond to such claims with "appropriate action," including "possible litigation" against "various parties." Jason Weinstein, who leads the blockchain practice at Steptoe, confirmed its hiring by Bitfinex in an email. https://www.coindesk.com/bitfinex-vs-bitfinexed-exchange-hires-law-firm-challenge-critics/ |
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I mean, every exchange can lie about their fiat funds, the only difference is that with Tether this lie can spread between other exchanges that also use Tethers. Aside of just printing Tether out of thin air, I read some rumors that they could be issuing tokens as collateral for margin trading... in any case this is really fucked up imo |
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Here is another chart showing how much they have grown this year just with Bitcoin:  EDIT: To get some perspective, exactly one year ago their 24hs volume was about 3 million dollars. |
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Can we please speculate how the hell is Bitfinex trading billions every day when they can't even operate with US banks? Today for instance they traded more crypto than GDAX, Bitstamp, Bittrex, Gemini, Poloniex and Kraken COMBINED! ($120 million more to be exact )  Since Bitfinex' parent company (iFinex) also owns Tether, and since they will probably never get audited by a Big Four, I just can wonder what the fuck is going on here... |
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 A healthy correction is expected to happen in the next 48hs, don't panic  |
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In the meantime bitconnect gives us really that dotcom crappy bubble feeling by scrapping the bottom with these videos... https://youtu.be/gKezlAUtHlAI need to bleach my eyes now to unsee it  LOL somebody should start a thread compiling stuff like that |
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 bands are going crazy lately what the hell  this thing is getting too wild... is anyone expecting another correction soon? |
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