Let's be honest with ourselves here: We will see double digit prices this year, whether we like it or not. We might see single digit prices as well. Let's start coming to terms with that fact.
burn
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Did not brake 2000 CNY. Bullish.
Give it a few more hours. Even with China now up, we're still moving mostly downwards. BTC-e is way under the rest of the market (a dominant sign these days that the price will continue to move down) and despite some recent buying power in the past hour or two, shorting is still either uncharacteristically expensive (Bitfinex) or trading at a significantly lower price than on the trading half of the exchange (OKCoin). btc-e is always or atleast 99,9% of all time lower then the rest... btw. buying at 350 done, lets see if we visit 300 Hmm do You think btc-e lost the coins and they are lower from the rest ? i think its rather that btc-e always has poor liquidity. there orderbook is super-thin, thats why we usually see flash crashes there if something happens
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Did not brake 2000 CNY. Bullish.
Give it a few more hours. Even with China now up, we're still moving mostly downwards. BTC-e is way under the rest of the market (a dominant sign these days that the price will continue to move down) and despite some recent buying power in the past hour or two, shorting is still either uncharacteristically expensive (Bitfinex) or trading at a significantly lower price than on the trading half of the exchange (OKCoin). btc-e is always or atleast 99,9% of all time lower then the rest... btw. buying at 350 done, lets see if we visit 300 /edit hashrate is increasing, so im not in super panic mode yet
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Just want to save you money.
That doesn't make any sense. If someone is selling than someone is buying. You can't help them both!! except he or his master is the one buying most of the dumps. then he woulda have helped both sites
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if i go to bed now and wake up, will btc still 3 digits?
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People invest life savings into bitcoin
OP says price tracking is pointless.
Really well done OP.
good job in investing all of your life savings into bitcoin. i recommend the nobel prize of economics for all these people
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this is my plan: 1. buy @350 2. buy more @ 300 3. get loans and buy even more @250 4.
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You need your head examined if you believe this forum has any effect on the price.
People who are bearish and don't believe in bitcoin, when price is declining have confirmation that their beliefs are right, and there is nothing better than knowing you're right and rubbing it in people's faces.
there is even a study that says social media like bct is affecting the price of bitcoin. and to be honest, bitcoins price is what people believe it is (atleast for now and in the short/mid term). so its pretty logical that the price would be affected by social media.
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Im watching a documentation about the vietnam war.
I dont want to talk about the vietnam war itself, but about a thought that doesnt want to leave my head.
You bomb our people from above the sky and that is why we are wearing bombs to kill your people.
How does it come that after the first world war, the second world war and all the other wars following didnt change us? How can it be that today we still have torture, oppression, murder and that even supported by governments that lead us?
Sometimes when i see stuff like that i am not sure anymore if humanity still has a future...
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First time using the asset exchange in the wallet. I traded my nxtinspect for nxt about 5 hours ago and i still have not received my nxt. How long does it usually take?
did u place a sell order or did you sell into a buyorder? if its the latter it should resolve nearly instantly (jusst need to wait for nxt confirmation of the transaction). if its the former, then it will take as long as somebody buys it
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awesome wallet update and new forum
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what happened in 2008? the rich got richer... sadly but how? isn't it the rich people the ones with investments in the stock market? they sold on the peak and the bagholders payed double
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Hi everyone, really awesome project!
the only think that seems to be a bit troublesome is your emission-rate. 320.000 coins per block and a half life period of ~1 month. early adopters have a really huge advantage here. do you mind to explain your thinking behind it?
greetings criptix
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So here is a question... Why are people buying up TOKEN when it is more expensive than the SuperNET asset it is to be redeemed for?
look at the spread, if you want to buy greater amounts you could save money by buying both supernet and token, arbitrage etc right now for example it would be ~3% cheaper to buy supernet instead of token
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Circle customers will have 100 percent coverage of their full deposit value. wow. instantly buy bitcoin and also 100% insurance, what the fuck does the average joe needs more? countdown to next ath is already running
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No coinbase and other suppliers.
They knew alot about btc but i think the price right now was the decision maker for them.
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Not sure if its wise to share, but my friends that never used btc before are right now buying This could be the reversal?
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hey, the superNET IPO was uncapped, so it needed a replacement called Token to determine how much superNET assets will be created at the end of the IPO. If you have Token on Bter it will be exchanged to Unity (trading symbol of superNET asset) through a automatic process. Else if you have Token on NXT AE you have to go through the process described in the OP of this thread. (This should be done as fast as possible) so what you see there are actually the not yet redeemed tokens. you could buy them and redeem for the supernet asset or directy buy the supernet asset.
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i vote for 2 B.
Boolberry is ok, but i think BBR will be much more of a eyecatcher on first sight.
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Update: As we are wrapping up the process of getting the ATOMIC blockchain running for testing but before we actually generate the main net genesis block we would like to hear the opinions of those in the community about a few of the variables that we have had to set such as block time and number of coins.
Block Time: When deciding on what we wanted to make the block time for the ATOMIC network we took many things into consideration. First of all we wanted to make sure that the security of the blockchain was not compromised. When setting the block time you are playing with a double edged sword. Faster block times mean faster, but some would argue less secure transactions. Longer block times are arguably more secure but transactions take significantly longer. For example the original Bitcoin blockchain has block times of 10 minutes, while Litecoin has a block time of 2.5 minutes and Dogecoin a block time of just one minute. Although ATOMIC is not another altcoin it is just as important to the developers that we find a time fast enough to enable the advances we want to make with ATOMIC without compromising security. This is why we have settled for a block time of 5 minutes which places us right in between the block times of Litecoin and Bitcoin. We believe that a 5 minute block time is the best possible solution to reach a balance of speed and security on the ATOMIC network.
Number of coins: As ATOMIC itself is not a 'coin' and we are making use of transactions as a method of storing ledger information we believe that setting the number of coins to be generated to infinite is the best option. ATOMIC does not have to face the same issues as Bitcoin in regards to maintaining value by acting as a deflationary currency as it isn't a currency at all. Other well tested crypto-currencies like Dogecoin have adopted an infinite number of coins as a way to ensure that their miners will never leave once the rewards dry up. ATOMIC would be making use of an infinite number of coins simply to ensure that new blocks will always be generating which is required for ATOMIC to act as the main ledger / ticker tape of all cryptocurrencies. While it may not be an issue right now, 5 years from now we do not want ATOMIC to run out of blocks!
We are open to discussion on these topics and we would love to hear any arguments for alternative values which may work better for ATOMIC, although we have put a lot of time into making these preliminary decisions.
@blocktime i agree, nothing much to add there. @number of coins i think the two most important reasons to mine a coin is either the miner believes and want to support the coin or mining for profit. like you said atomic is actually no real coin in a sense, so it will be very important to give miners an incentive to mine. is it possible to create a system where the amount of circulating coins is dynamicly adjusted? imho a stable price which is profitable is a very good incentive for miners.
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