Haha, Forbes at it again. Note the positive backhanded compliment title, but negative last paragraph: Could Bitcoin Be Worth $619,047 In 10 Years?https://www.forbes.com/sites/naeemaslam/2017/08/18/each-bitcoin-could-be-worth-619047-in-10-years/#78d6646f5168
"However, if the Bitcoin supply goes unlimited which is feasible, because in August we also had an event of forking which gave birth to Bitcoin cash, things would change substantially. The value of new Bitcoin cash for now is approximately $5 billion. If the supply is not limited, the core foundation of cryptocurrency would shift and it a number of elements would come on par with central bank’s currencies."
Gotta leave 'em with that sour note!  And gosh, who put the thought in the author's mind that Bitcoin should have NO coin cap?? Hmmm? His boss, who is loyal to the deep state central bankers, perhaps? |
|
|
|
https://www.instacoinatm.com/index-en.html They operate both buy-only and buy-and-sell machines. The one I use is buy-and-sell and is located in a 24/7 convenience store in downtown Toronto. As I stated in the past, their dynamic pricing is suited to dip buyers. I've gotten low buy fees during dips before (<2%) but never actually got a negative fee before. Jimbo, thanks for posting this. Has the convenience store owner ever discussed with you the number of customers that come in and use that machine? I'm very curious if someone can confirm if there are indeed growing numbers, or if you are like the only one.  |
|
|
|
It's going to be a shitshow , in my personal opinion.
By launching BCH Bitmain have already fucked the NYA. Everyone else will slowly fall away. By launching BCH Bitmain have increased their influence over the price of each chain as they can manipulate hashrate at will between them both. They've granted themselves a longer period of time in which to milk money out of the sha256 ecosystem and another mechanism with which to do so. Segwit 2x signalling remains above 90%, no sign of it falling away. Core have made their position on segwit2x very clear so I'm not sure why or how you think a negotiated agreement is possible at this point. Manipulating hashrate doesn't do much to influence the price, I think it will accomplish the opposite of what they want because BCH's total hashrate is now about equal with BTC's total hashrate and their difficulty will adjust again today. After this difficulty change hashrate will all move back into BTC and BCH will be left with months of extremely slow blocks lol. Imagine what that will do to the price of BCH. Maybe they will fork again to change difficulty, that should be fun to watch.  Some would call these "fork" attempts competition, when they are clearly orchestrated attacks on Bitcoin. But hey, Bitcoin is anti-fragile. What does not kill you makes you stronger. At some point Bitcoin will tire of "catching something" again with these endless forks, and the core developers will go straight to the antibiotic: PoW algo change. Checkmate, motherfkrs. |
|
|
|
Didn't this guy 'masterluc' say that once $4400 was breached to the upside, there was no resistance and it was all clear skies all the way to $7000? This is why you should never listen to any so-called bitcoin "master trader". |
|
|
|
Dips? I've seen a few.  Hodlers know what to do...  |
|
|
|
What a joke, I wouldn't hold my breath. China never creates anything, only copies or steals IP from others. They will forever be the 'also rans' of the of the rest of the world. |
|
|
|
|
BCH experiences a 40% drop from top. 40% of all trading volume going through a single shady exchange.
"Greatest coin evar!" Lol. Although I'm sure it'll get pumped again.
|
|
|
|
|
^^^^^^
For the big circle that diagram should read "2017 Everything Bubble"
|
|
|
|
Well fellas, get ready for some fun in the next two weeks. Tomorrow is a solar eclipse. It's also the day that President Trump announces that we're back into the war game in Afghanistan. A build up of troops and more airstrikes likely. This has secretly been in the planning for months and months by the Deep State. But make no mistake, this is really the precursor to war in the Asia Pacific. Can't have all that pesky surplus oil just sitting around stockpiled in tankers everywhere... gotta burn it somehow. "When all else fails [to stimulate the economy], you take 'em to war."Gold market is showing signs of shorts exiting positions. U.S. Stock market is overheated and showing signs of exhaustion. U.S. govt about to hit the debt ceiling.... again. Hedge Funds moving into bitcoin through LedgerX come on line in Sept. Things are heating up fast. Anything can happen in the coming months. Hold HODL on to your butts bitcoin!  |
|
|
|
Never the less, if this Mr. Ver en Mr. Wu are as significant as they seem to be
They aren't. |
|
|
|
|
What I find funny is the number of troll accounts here, still pretending to be pro-Bitcoin.
You can easily peg them by the constant fixation with BCH and all the concern trolling posts and the "what if?" posts.
|
|
|
|
I'll support whatever crypto ends being the "best" one. If Core need to be replaced and die out, then it will die.
And your definition of "best" one is? Let's both take the red pill and go down that rabbit hole together. |
|
|
|
I am neutral.
Well then, you are just in it to make more fiat. Like the stock market, you don't really care about the underlying asset. Not saying that is good or bad. But then I would say you are definitely not one of the minds that are reinforcing Bitcoin's belief system as a (better?) form of money. Also what, pray tell, will you do, when someone decides to fork BCH? Oh the decisions, decisions. Tsk tsk... |
|
|
|
Actually crypto price is all based on the belief of users. They have no intrinsic value.
You're only half right. Belief on the part of all users is a big component. But the other part is the strength of the protocol and network holding it all together. The Bitcoin network itself does have intrinsic value, and reinforces the belief part. They rely on, depend on and reinforce each other. But the price alone does not dictate a crypto's value. Anyone, literally anyone, can create a crypto and pump it to the moon with enough money. I.E., create a crypto with a high number of pre-mined units, release only a tiny, controlled float onto an exchange, and buy it back from themselves. Voila, instantly high market cap! This is the literal definition of a penny stock pump and dump. |
|
|
|
I'm not a BCH supporter but I don't think this is going away guys. Yes it may drop Back to 200-300-400 or whatever but this coin will be pumped at various times in the months to come IMO.
I am risking hodling this coin. How many other Alts pumped at the beginning and then lay dormant for ages before blasting up? Answer- the majority of them.
With Jihan and Ver in charge I can't see it failing like you all think. Didn't a lot of people say after the exchanges opened be quick to sell as it's going to plummet down to "cents"?
As I've said, I'll hodl as I think this alt will go up and shock/upset a few later on, manipulated or not.
Belief <> price. Or maybe for guys like you it does? I'm not certain of the anxiety you seem to be feeling. |
|
|
|
|
So is this the shitcoin top, or is the coup de grâce still to be seen?
I feel like the grand finale is still coming. Like right before SegWit activates. Or maybe that's what everyone else is thinking too.
|
|
|
|
A civilized country is an oxymoron. We're all savages.
Basically agreed, but it's not a 0/1 thing. There are varying degrees civilization for different aspects of civilization. Yet for some reason, "civilized" and "overbearing government" seem to go hand in hand. |
|
|
|
If Bitcoin is ever owned by this BCH, Bitcoin will be over.
this is my thinking as well, it will have been a tragic failed experiment I know guys, it feels like it is over already. I mean, just look at that plunging btc hashrate.  https://bitcoinwisdom.com/bitcoin/difficultyShould we all hug and cry together? |
|
|
|
|
Show Posts
