So who sold at the bottom then?   I wasn't expecting this question. Not from YOU, I mean Waiting for the official asker to announce to the public the End of the Dip. To answer the unofficial asker's question, I managed to increase my stash a bit, although I failed to catch the very bottom. It was too quick. |
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Why people saying that the price should be 3800??
Fibonacci extension based reasoning. |
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Guys,
Does anyone have any idea why it is falling without parachute?
Fake news from China. "Banning bitcoin" "Closing down exchanges". Actually, according to ZeroHedge and some Google Translate work, it appears it is a rehash of partially old news, and all they're clamping down is ICOs. If it was true that "China really really bans bitcoin. Really this time!", people in the know would have moved in advance and we would have seen quite a different market. TL;DR: Someone is in bad need of cheap korn, as I said before without even knowing the details. |
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@Elwar - Not sure if you caught that (I edited while you were posting or after you posted) EDIT: Apparently they actually did close a few exchanges. https://wallstreetcn.com/live/globalThe supervisory authority has decided to close the exchange of virtual currency in China, which involves the exchange between all the virtual currency and the denomination, which is represented by "currency line", "coin net" and "Bitcoin China" The resolution has been deployed to the place.
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Did China ban crypto again?
Of course they did. http://finance.jrj.com.cn/tech/2017/09/08211823086220.shtmlGoogle translate: "A bigger regulatory storm approaching: close to regulators on the 8th told reporters that the bit currency trading platform has become illegal economic activities, money laundering and bankers manipulate the price of loser retail channel, should be banned as soon as possible."
Someone seems to be in strong need of cheap korn. EDIT: Apparently they actually did close a few exchanges. https://wallstreetcn.com/live/globalThe supervisory authority has decided to close the exchange of virtual currency in China, which involves the exchange between all the virtual currency and the denomination, which is represented by "currency line", "coin net" and "Bitcoin China" The resolution has been deployed to the place.
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I quickly googled signed blocks but didn't find anything interesting. Got a link explaining what they are? |
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Your forked shitcoins will never go anywhere, they are not supported by merchants.
They are not supported by the economic majority of users.
You can't buy anything with that shit.
All you can do is trade it back and forth to yourself.
More and more so as bitcoin holders slowly sell BCH for BTC when price goes up or necessity arises. I managed to sell the latest small batch at 0.155 :-) |
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4000USD as a resistance level has been tested, which is a very good news.
Now if segwit 2x will not be too messy, price -> moon for sure.
Worring part is >90% miner support for it, and core's tough position against it... This hardfork can be more deadly than BCC...
Miners can only mine a coin that they can sell. We have already seen many have no loyalty, they will move to the coin that will pay their electricity bills. Who is gonna buy all the coins mined, and the all the coins dumped? Certainly not enough to support 90% of the hash power, so the real Bitcoin will limp along to the re-calc, and then its party over for 2x. quoting this for truth. afair difficulty can only go down so much at a time, so we may need more than one re-calc, not that that matters much Am I wrong in thinking that an easy-to-use replay protection mechanism would make it much harder on 2x? I imagine most hardcore bitcoiners would dump the stuff as soon as possible, before it depreciates too much. The effect would make mining 2x quickly unprofitable, so Wu's bribes/threats to the miners/thralls would get too expensive to hold. Any flaw or oversight in my argument? |
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FUD seems remarkably low key, so far. I guess there's time yet.
By the way, hasn't Roach got his account back yet? In times such as this, we could all enjoy some explanation on the power of precious metals - and especially silver. I'm sure the correction we're seeing was orchestrated by the Joos.  /s - In case there's anyone with their sarcastometers in need of servicing. |
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My thoughts exactly. So, where are the ones that are not? To my naive mind, ICOs look like a way to rake money without getting one's company ownership swayed as it would be with VC. I'm glad they're being regulated. Want capital? Gimme stocks, so I own (at least part of) what I paid you, so I can vote if I paid enough. You give me these sumthincoins and if (when) value goes to zero, we're good? Meaning YOU're good and I'm out of luck? No way.
That's a nice thought, except that you don't really own the stocks, nor part of the company. See my post here for details: https://bitcointalk.org/index.php?topic=2098580.msg21161390#msg21161390Uh. Some of the things you say are news to me. I don't mean I don't believe you. But... but surely if I own a certain percentage of the stock... surely I mean...  I do get my say, right? Eh...? Right??  (breaking into tears)... And I thought... MOMMYYYYYY!!! Bwaaa, waahh!!!  |
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ICOS that are rip offs- are rip offs...
What about ones that are not?
No one needs 100 million to start a company that has no legs...
My thoughts exactly. So, where are the ones that are not? To my naive mind, ICOs look like a way to rake money without getting one's company ownership swayed as it would be with VC. I'm glad they're being regulated. Want capital? Gimme stocks, so I own (at least part of) what I paid you, so I can vote if I paid enough. You give me these sumthincoins and if (when) value goes to zero, we're good? Meaning YOU're good and I'm out of luck? No way. The free market would have gotten there on its own- personally I would have liked to have seen it -I am sick that way.... but no! the regulators will step in (In China- USA and Europe) and regulate these ICOS
The market was being too slow for the taste of those in power. And for once I agree! Most of these ICO spewing companies don't even need to use blockchain technology for their operation. It's just a way around the SEC or other similar institutions. Sorry for the rant, nothing personal really. It's just that this thing with premined shitcoins really grinds my gears. |
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Buying dips as well. It feels like some bearwhale playing dumpy dumpy on low liquidity. Shaking the tree while banks are closed for the long weekend. Jimbo must be tired of walking back and forth by now...  |
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Maybe you're too young to remember that there was a prohibition of exporting pgp tech out of the US, until it was abolished after it leaked anyway.
I do remember that. Crypto was treated as a weapon, so code couldn't be exported. But books could, so there were chapters full of code printed in OCR-friendly fonts. It's hard to ban ideas. |
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Goldman Sachs dump started already? Or just a small correction from 4970 to 4600?
Correction in my opinion, you've been around long enough to know that retraces always follow significant upwards price surges. Yeah but seems like some people use the GS prediction to start panic selling. Could probably drop to 3.5 this time. Sad that those big players came into the game. Now they have controll over the price of bitcoin with simple predictions. As time goes on, I think there will be fewer and fewer weak hands and more hardcore hodlers. It will get harder and harder to shake the tree for falling fruit. |
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Did Jimbo sleep in and lose another buying opportunity?
No way. I'm betting he's soon going to post about buying at a good price with extra-good commission! |
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How the heck is RogerCoin up ?!
It isn't, actually. It's still in the 0.120-0.135 BTC range, as yesterday and the day before. |
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.....yes darling?
Sorry.. I thought my girlfriend was calling me
 I like your girlfriend. Not booby enough for next ATH, though. Pity. On second thought, is full nudity OK in this thread? |
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Aaarghhh what the hell bitcoin cash!!! Why are you going up? Any News? not like Bitcoin is going down... are stoopid banksters and friends confusing the two?
They are just making me extra rich both together  Is BCH really going up? In real terms (I mean, price relative to BTC), it looks more like sideways to me. |
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Ok I've missed out on a lot of this increase. Just got back from hospital with our newborn baby boy. Shattered and on top of the world but also what makes it even better is a nice btc price!!
Now sleep.
Congratulations to the three of you!! Good luck with the sleep... its a very difficult time to sleep.. (when BTC is knocking on new ATHs I mean ) Difficult time to sleep with all the new ATHs indeed, and the newborn won't help a bit in that department. On the other hand, some positive thinking is in order. You will be able to check the price more often when it's your turn to wake up at night. Congrats indeed, daddy! |
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