The biggest problem I see with the partial government shutdown is that it won't be permanent.
Government shutdown we'll have if government stops taxing us and collecting our money, not when they stop spending it. |
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Bear trap closed. Fasten your belts!
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Classic bear trap will close today. Strong up will follow!
how strong  Price will go >$5k in just a week. |
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Classic bear trap will close today. Strong up will follow!
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If he agreed with 100% everything in Bitcoin then why would he go and make Ethereum?
Like all altcoin creators. Greed coupled with vainglory to be a Satoshi. |
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Interested to see where this goes. It has been a while since we've had 6 consecutive green candles on the daily. Next resistance is at 4.2k, probaly gonna go up a bit more  Funny how sentiment can change so quickly  My sentiment had never changed. |
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Next resistance is at 4.2k, probaly gonna go up a bit more Gonna go up a lot more! |
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.....and the sucker's rally begins
Nope. The exodus from sucker's dump begins. Bitcoin is so cheap. Thank you, Santa! |
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I see a lot of disappointed rekt shorts. Gooood!
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I find the whole thing to be pretty awesome. What are you afraid of? they might stumble upon your private key, or expose a vulnerability in the system?
It is very stupid to measure the success of this "project" by how much keys it generates per second. What actually does matter is how much of the generated keys you can check against existing DB (aka blockchain) per second. Why is that so difficult to understand? The probability of finding a bag full of dollar bills just walking down the street is much higher than finding privkey of somebody else's address. And no, finding a bag of dollar bills won't be an indicator for vulnerability in the dollar monetary system. My take on this "project" is that from the very beginning it has very little in common with the initially proclaimed objective. |
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Through some advanced mathematics LBC is able to check this list of several million addresses
Advanced mathematics?!... WOW... Its more like advanced stupidity! |
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Expect severe short squeeze next week!
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Guys, guys, this isn't a normal shit bump, this looks like the beginning of a natural fucking recovery. Have we finished swimming in the shit?
I'm putting the 1 yes in the poll.
The bottom is fucking in.
Sorry dude we need to get through January tax time first. Bitcoin is global money. It doesn't care when is the tax time or how you pay taxes in your country! |
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Wonder how all those shorts will be able to cover if there's not that many BTC for sell. I'm estimating at least 200k margin'd shorts out in the wild right now. All the sell order books are thin and don't even have that many until way above 10k. If this price suppression doesn't hold, oh wow it's gonna be a blow off top for sure.
They don't need bitcoins to cover shorts. All they need is more newly printed dollars to place as margin collateral and they can sell more bitcoins without having even a single satoshi. Fed dollar ponzi will crash all at once. This is why US desperately need a major war to justify the marshal law on their soil. |
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Bitcoin price will double just in couple of weeks. Fasten your seat belts! |
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This price is shit.
and sucks donkey cock Hmm. Idea. Throw the $100k Party in Mexico ? Pros: Donkey Shows (If that's your thing... I mean... who am I to judge...)Negs: OpSec Nightmare I will literally travel anywhere if we have this party. It’d be great to celebrate our success together. I genuinely think we’ll see $100,000 per coin within 5-6 years too. Just waiting for Chinese food delivery smoking some Super Lemon Haze! Happy Saturday evening fellow COINERS! the delusion is strong in this one. Correct. $100,000 per coin is too low. It'll be more like $1,000,000 per coin. |
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"Bitcoiners dismissing CSW are like Apple when they fired Steve Jobs."
CSW dismissed himself from bitcoin. So, we hope he enjoys his shitcoin toys. |
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So how do we disrupt the futures market?
Put on your yellow jacket! |
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I have the fear that what we are observing is bitfinex exiting from their fractional-reserve scam, almost unnoticed.
Fed won't be so lucky exiting unnoticed from their own fractional-reserve scam. |
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Does the seller side has to have the bitcoins when the contract is made?
No. That's the whole idea behind "regulated" bitcoin markets. You don't need to have a single satoshi to sell thousands of bitcoins and suppress price. Bankers think that bitcoin ETFs will solve bitcoin supply "problem". When the contract expires seller has to anyway have to get the coins from somewhere to be able to sell them to the buyer? Nope. Actual delivery of bitcoins is forbidden. Just like in gold futures and ETFs. At the expiry date profit/loss is cleared through the seller's margin deposit which is in dollars. If the seller is systemically important bank and they did the wrong bet Fed will print new dollars and will give them to pay for their loss. The buyer side was there to buy some bitcoins. If he will not have them, what will he have? The dollars? The contract said for example buyer will buy three bitcoins for price 3500$ per one coin which is total 10500$. But the day price is 4500$ per bitcoin which is total 13500$. So the buyer will have 3000$ for bank account? Yes, buyer will have $3000 credited to their margin deposit/bank account. Regulated bitcoin markets are not for trading bitcoins but for bets on the future bitcoin price. Profit/loss resulting from those bets is paid in dollars. So, if you have unlimited access to the dollar printing press you can sell 21 million bitcoins without having a single satoshi. |
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