I love it!  Even if it is bullshit, I still love it.

I'm comparing our current volumes with the May 2014 rally as well as the November 2013 insanity.  History may not repeat itself, but I wouldn't be surprised if we see $450 next week.

Agreed.  Today's action hasn't even started yet.

Definitely.  Anyone know where the next resistance levels are?  I don't know about $31x anymore, I thought we'd hit the 2000 RMB resistance there, but it really happened at $304.

Yeah but the 1w RSI still has plenty of room before we hit 2013 levels.

That makes sense, the coins are leaving China.  Possibly getting sold for Euros or USD, that would help maintain the difference.  Arbitration is not an option because it's hard to move RMB out of China.  Or harder, anyway.

I see the market finally made up its mind.  We were hovering around 2000 on Huobi and Okcoin, not sure if I'd call it resistance, the volumes were low, but some hesitation was expected.  Finally pushed through, paused at 2005, now seeing 2015-2020.  Where is the next major resistance, chart gurus?

What I don't understand is why there is a difference between the prices on these 2 exchanges and BTCC.  It's less than a percent, maybe enough that withdrawal fees are to blame.  But Bitfinex and Bitstamp are a good $10 lower than the exchange rate would suggest, even with fees factored in.  The last time I noticed a consistent spread between exchanges was with Gox.  I also don't believe the volumes on Huobi and Okcoin for a second, so I'm a little suspicious.

6:45 AM in Shanghai and someone's buying.  I bet we cross 2000 RMB again in the next few hours.

China is waking up and heading to work now.  I expect we'll see some action start in the next hour or so.

Sorry, not lambsie.  I seem to recall him/her, but it's been a year since I last lurked here.

Wait, wasn't there something about a sacrificial lamb a few pages back?

You nailed it.  We've been in a bear market for what, 20 months?  I'm inclined to think it's undervalued and we're due for a significant market correction.  And that's if nothing outside the Bitcoin ecosystem changes...any number of things will skyrocket the price past $10k.  Some of those are so likely it's not a question of if, but when.

That's why I come here...all the wonderful people saying exactly what I want to hear.

If this is the next bubble forming, judging from the log charts, we could hit $1000 again by Xmas.  

That's what I want.  You hear me Santa?!?  I've been good this year, dammit.

We're bound to see some profit-taking, but I think it will pick up again.  Does anyone else see the curves in the 1h, 2h, 4h, and 6h charts?  Below 1h it looks like a line but it's still there.  There's the occasional deviation above and below but take those away and the data almost fits a simple growth model.  With a little imagination the curve even extends back before the dip in August, if you look at the 12h.  I don't know what to make of it.  Opinions?

The Chinese are awake and they are in the mood to party!  I suspect we'll pause at $300, but 2000 yuan = $315 US is where we'll see serious resistance.

I'm running 1.1.2 and I'm not connecting to any peers either.  Can someone post a list of known active IPs so those of us having issues can throw a few addnode= lines in judgecoin.conf?

I wanted to publicly reserve the name.  Too many good names are being taken and the domains are getting harder to find, and I need something to put in the code.

Really really.  My hope is that the feature will be merged back into Bitcoin-Core, so the fewer the differences from that, the better.

Judge, many congrats on your launch! 

This is a placeholder.  This coin is in the planning phase, check back periodically for more information.

INTRODUCTION

I believe most altcoins derive their value as testing grounds for features that could be adopted by Bitcoin.  This is one of those.

I have one very specific feature in mind that has nothing to do with the algorithm, anonymity, or the interface.  It's an under-the-hood change that could benefit all PoW coins, and I plan to use Bitcoin-Core as the code base.  But I will not announce what the feature is until I have a working proof of concept.  When it's ready, I will need your help to prove it works outside of a lab environment.

I am creating this to improve the Bitcoin ecosystem, not profit from the gullibility of others.  There will be no pre-mine, release phases, IPOs, stock options, or ninja-launch.  All testing will be done on the Shakacoin testnet, and the blockchains will be reset prior to launch.  The date will be announced months in advance so there is plenty of time for word to get around.  It seems no altcoin can launch without somebody complaining, but I won't deliberately give anyone a reason to do so.  I am open to your ideas, whether proven or new, to help ensure the launch is as fair as possible.

The name comes from the fact that I love Hawaii, and I'm a big fan of the annual Shakacon security conference.  I hope to submit this feature as a presentation for the 2015 conference.


That is all for now.  Hang loose!

-wutizurkwest