[/quote] More like Bitcoin is Steve Jobs and BCash is Tim Crook. [/quote] [/quote] Good one, I always make that lapsus too... .
|
|
|
Ladies, Gentlemen, it is really simple : we are taking a terrible beating from the WuVer clan. I hope we will be ready soon to return the favour.
And the machinations with Coinbase, I hope they get burned badly.
|
|
|
This will be the fastest and most brutal Bitcoin bounce back ever.
Wait for it.
Well I hope so, repeating this is not sustainable, I sold the mother inlaw, auctioned the wife, sold furniture yesterday already. Noting much left but to rob the local pub. And this I only can do if I know for sure that I can walk back in there the next day saying that it was only a loan... .
|
|
|
So, what was announced for January 2018 is happening now? Crazy coincidences ... .
The only thing scheduled for Jan was the release of the coins. That hasn't happened as far as I can tell. They said nothing about going full retail until they just did. Ha, yes ok, a teaser before the release. Well Gentlemen, I think we are not just going for a rough ride now, but for a terribly rough ride... .
|
|
|
Every time Coinbase has a chance to retain or regain my respect, they lose even more. Pretty soon they'll just be a Cryptsy 2.0 shitcoin peddler. So, what was announced for January 2018 is happening now? Crazy coincidences ... .
|
|
|
Wow, never seen selling 153 coins at once . (Stamp Euro trade)
|
|
|
Fuck Denmark. member fuck denmark?Actually, when it comes to ZH and BTC, it is mostly causing unstoppable laughter cramps... .
|
|
|
Anyone who uses ZeroHedge as their news source deserves to have sold at the bottom I hope you do not consider me as taking ZH as my news source... . But probably millions are doing so, time to sell the house(and all that goes with it) and be ready to buy the bottom... .
|
|
|
Ah, and finally here is the trigger :
I never knew the Danish central bank and some bloke from Blockchain.com spouting utter nonsense with his BeeCash crap would have an effect on the market. It was simply time for a correction. But as usual, pity humans seek a reason for the decline, because their brains crave for it. Simply 'correction' does not count, it should be a 'story' each and everything. I no longer become mad about this delusional mass psychology, since the same mechanisms slings a digital asset upwards towards being the numeraire. As you probably did understand, it is with a sarc tag... .
|
|
|
17k is basically holding. It looks like a strong support area. I can't begin to imagine how much it costs to move the price down as they just did. Does anyone have statistics to offer - like number of coins dumped, or a similar metric?
No idea, but is is planned actions to initiate a sell-off for sure, no external triggers to be seen. (I still must read the paper on LN, will be weekend).
|
|
|
Just came to say Hi and to share something euphoric about the future What the hell happened to you, since about May-ish? I have read many speculations about you no longer being with us? Another extreme dear brother showing up, my dear JJG. Have been drowning into the crypto twitter ocean and IRL issues. But finally back and gave our bullish thread a push I've missed you all brother, hopefully I won't fade away again EXACTAMENTE!!! Even though each of us have our differing styles, your style has been missed - yet it seems a bit extreme, too, of you, to post 2-10 bullish media articles per day for several months (and spoil many of us), and then completely disaparecer for 6 months -ish. In any event, I am glad to see you back, and I look forward to posts and your perspective. O..k.. One other point that I would like to make is that I had frequently asserted that you were much more bullish than me regarding short term BTC price performance - especially if we look back to our interactive posts in the late 2015 time frame and even the ones in the mid-to-late 2016 time frame. So, it seems that you were much closer in your assessment than me, because current BTC prices are running about 3x to 4x higher than my most likely bullish assessments of those times. I confess my brother, I'm an extremist. I'm not a moderate person and an insane risk taker, so let it be whatever it meant to be. I did you miss you a lot my dear brother and missed our talks a lot and here they are back again My new targets are as follows, and you are free to call me an insane/crazy person, I know I'm mentally mad : 2018 will end at $100,000 2020 will end at $1,000,000 We are just warming up and we ain't seen anything yet, wait to witness 2018, it's will be a mind-blowing year. Allright i’m In for that ..... let us start Going back up from This small dip 🤗 Every dip SHOULD be treated as a GOLDEN OPPORTUNITY to buy some cheap coins, always BTFD. Since I spent the "Plunge protection fund" already, time to sell the mother in law, auction the wife off, put half of the furniture on E-bay, rob the nightshop and eventually tomorrow also the local pub...
|
|
|
Anyone has recently sent Dogecoins from Freedoge to Coinpot? And if so, how much time did it take to be credited in your Coinpot account?
After my 1 month+ experience last summer, I am a bit reluctant to try it again... . Thx
I did and it went through pretty fast. Aha, ok Thanks. I will give it a try and feedback to the forum.
|
|
|
ZH did not yet pronounce Crash, smash, armageddon, so nothing to see here... . Yet.
|
|
|
Anyone has recently sent Dogecoins from Freedoge to Coinpot? And if so, how much time did it take to be credited in your Coinpot account?
After my 1 month+ experience last summer, I am a bit reluctant to try it again... . Thx
|
|
|
What is that saying again, it is difficult to make a man understand something if his salary depends on not understanding it? We could generalize this easily to the whole cohort of Wallstreet, CB's and Academics... .
|
|
|
Both stocks and bitcoin are nothing more than crowd sourced pump and dumps so the degree of trust is entirely determined by personal investment. If anything, that article is kind of a warning sign that much of the retail investor is already in on bitcoin leaving not as many greater fools to buy higher. Actually you are dead wrong. The stock market and the Bitcoin market are nothing alike. Equities are designed, structured and launched to enrich only the 1% on day 0. The Bitcoin market is the closest that mankind has had to a "free market" in hundreds of years. You need to do some research before you speak.. As usual, real world will sit somewhere in the middle. And doing research only to have your own convictions and beliefs confirmed is not really research, what I suspect Roach being good at... .
|
|
|
Why would a system that allows cheating be needed?
Sorry, I don't understand the question. Unless you meant LN is a system that allow cheating. Well, with LN you can give a try at cheating, but only if you have a stake (a channel open) and you are ready to risk the whole stake should your cheat fail. Yes that is what I meant. So LN is intended to allow small payments, at low cost, that do not overload the base of the network. The most important feature of the base is tht it is trustless, so uncheatable. This is a bit difficult for me. This is the price to pay for instant transactions (no onchain confirmation), but I'd say LN's anti-cheating mechanism is near perfect. Anyone who spots a cheating transaction within 24 hours (I think - or was it 48?) of its timestamp can give the cheaters what they deserve and pocket a handsome reward. My bet is the network will be swarming with bounty hunters. So the system that must allow us, average Joe 's to use BTC as money for everyday spending needs bounty hunters to avoid cheating? Short reply: Yes - just as the system that currently allows us to use BTC for not-everyday spending needs full nodes and miners and lots of electrical power. Elaborating more. LN might need bounty hunters just to make sure every cheating attempt maked the "cheated" part end in profit (as well as the bounty hunter). I think the way it will work is that you open a channel with Starbucks, or Amazon, or some other reputable entity who has no interest at all in being labeled as a provable fraud (the cheat requires settling the channel on the blockchain, where it will be there for all to see forever). I guess most people who run full nodes will start a Lightning hub on the side, if it is even marginally profitable. There willl probably be blacklists and feedback scores for Average Joes who want to invest in facilitating channel opening without being Starbucks. Why not ask the FBI or any of the alphabet agencies, they will be glad to do so... . I do not believe we need this kind of system... . You're answering yourself. We don't need alphabet agencies for that. That's why not. Moreover, the hunter easily becomes the cheater in this kind of arrangements... .
Have you read some documentation on how LN works? I don't mean the full technical spec - that's a lot and it requires a highly degree of techno competence in crypto. There was a good, accurate but simple explanation that I can't locate right now. Maybe reading that could help you feel more at ease. Now if anyone would be so kind to link a suitable web page... Thanks for the extra info and I will be glad to read the laymans explanation. I am always sceptical towards solutions that tend to be more complicated than the problem. And as far as it concerns broad adoption, that is the single most important aspect. About the system, I meant we do not need a system that needs policing of any kind.
|
|
|
Why would a system that allows cheating be needed?
Sorry, I don't understand the question. Unless you meant LN is a system that allow cheating. Well, with LN you can give a try at cheating, but only if you have a stake (a channel open) and you are ready to risk the whole stake should your cheat fail. Yes that is what I meant. So LN is intended to allow small payments, at low cost, that do not overload the base of the network. The most important feature of the base is tht it is trustless, so uncheatable. This is a bit difficult for me. This is the price to pay for instant transactions (no onchain confirmation), but I'd say LN's anti-cheating mechanism is near perfect. Anyone who spots a cheating transaction within 24 hours (I think - or was it 48?) of its timestamp can give the cheaters what they deserve and pocket a handsome reward. My bet is the network will be swarming with bounty hunters. So the system that must allow us, average Joe 's to use BTC as money for everyday spending needs bounty hunters to avoid cheating? Why not ask the FBI or any of the alphabet agencies, they will be glad to do so... . I do not believe we need this kind of system... . Moreover, the hunter easily becomes the cheater in this kind of arrangements... .
|
|
|
|