A real professional. I find that a bit of a stretch.. Unless you mean he gets paid for the trolling, maybe? He's  a professional troll? Whos to know. He comes across to me as a pure bitcoin core shill.

Btw Icey if you read this, no I don't get paid instamined shekels or in fact dash for commenting on here. So as usual wrong again.

Whats up Dashers?

Did you know Icey isn't as loyal as we thought? Shockingly he also trolls the bitcoin cash thread. He's been two timing us!




Oh yes and he controls the narrative  

Bit early to say that bitcoin cash failed isn't it? Or do you mean failed to be number 1 crypto instantly? Number 4 on marketcap is pretty huge or at least respectable.

I don't know much about bitcoin gold but I think its value proposition is not as strong as bitcoin cash. Bitcoin gold is just another segwit coin with a new mining algo. Bitcoin cash is a different breed entirely, snubbing the offchain route in order to scale onchain. Long term I like bitcoin cash better.

I kind of wonder how much depends on the ticker symbol. Bitcoin = BTC right? Not BCC or BCH or BTC1 or whatever else.

Bitcoin is BTC. Who decides this? Top exchanges. That is a lot of power resting there.

Did someone want a chart?

Heres my bitstamp, log price scale day chart



Still  in bull channel. Difficulty getting above 4400 corresponds to resistance entering top half of channel. Based on indicators and randomly drawn lines and shit like that I feel slightly more bearish than bullish in short term, thinking bottom of channel might be tested before any break above midline. Disclaimer, not my fault if you base any investment decision on this chart which doesn't go how you wanted it.

Wow the rate at which central banks are robbing us is increasing at huge rate 

Good catch rebal. This thread is not for discussions of pivx price as iCEBREAKER was doing.

ps does Polo have the trollbox back again? Haven't used Polo for a long time. I used to call the polo trollbox the Monero slack.

Icey I'll give you a tip. If you don't want to be thought of as a dickish troll then avoid doing it. I like Dash and Bitcoin Cash, that makes me someone who buzzes around shitcoins?? Or someone who likes transactions to remain on chain? Anyway I also own bitcoin segwit coins too, is that a shitcoin?

And if you do control the narrative as you claim. I can only thank you. My Dash investment has been a huge success under your control.

I hadn't heard that. Its interesting. Not on a full moon either! Last full moon felt a bit strange not to be expecting a payout.

Agree with last comment from silverbox.

No matter how you spin it, it is a lot of new coins entering the market (almost) every month, if demand (or user adoption say) doesn't also increase a corresponding amount then prices fall by normal free market dynamics. This is what we are seeing

However if you look at market cap, it hasn't dropped nearly as much as price, although it has dropped a bit, but I take that to be a positive signal that byteball as a whole is maintaining its value to an extent.

There are some nuances to how the coins are distributed in terms of supply and demand though, whether people are keen to cash in straight away or hodl. I suspect that many of the big bitcoin holders who benefited more from earlier airdrops were quick to sell their bytes, seeing it as free money to cash in, (although that wasn't the case for me). This means supply was high and demand for byteball was lower.

However the  distribution rules have now changed and bitcoin holders will get 10 times less in each airdrop than previously. So now the incentive is changing so that existing byteball holders may hodl their airdropped coins in order to benefit from compounding interest on their byteball holdings. Presumably people that hold byteball longer term are more likely to be believers in byteball. This means the supply rate will drop compared to previously and demand increase.

It will be interesting to see how it plays out with high interest gained by hodling versus selling quick before the supply increases. I think the scales might be tipping towards hodling being the better option.

I would categorize this as dickish trolling, without question. Although Icey loves to try and appear knowledgeable and hints at serious problems inevitably when you dig further into his hints you find only FUD. I know this from the Dash thread.

This was a classic. 'OH don't you know about the Bcash address format being broken' only to find nothing is broken.

Lots of trolling on this thread, its a shame. Although only what I expect I suppose, pump n dumpers trying to exaggerate the dump. I'm still hodling bitcoin cash on dips like this feel I might buy a bit to rebalance the old portfolio, won't be selling thats for sure. Is there  a reason for the dip? As far as I can tell the network is ticking away quite happily.

Quick work getting your post back to front page, shame you lost top spot though. Only took you mere minutes! or seconds even. Some might worry you are a little obsessed with this thread.

However thats 'quite' a nice list of some technical challenges facing Dash. I think those issues are fairly well known though. You don't seem to realise the genius of the sporks though, far from what you describe they are one of Dash best innovations. Why do you think the InstantSend problem was contained so easily? Why do you think Dash hard forks tend to be implemented so free of hassle and contention? Perhaps you need to do a bit more research.

Haha I love bumping Iceys posts back to the end of the previous page. He so painstakingly tries to get top post.

Sorry Icey, couldn't resist. What was it you were saying? Could you delete and repost please? Nevermind, I'm sure you were about to anyway.

Good post but I'd respectfully disagree about not being able to do TA. Absolutely you can do TA on byteball. Or at least I can, I'm quite happy with placement of trend lines on my chart.  

Byteball is still in a clear bear market I'd say, and remained so even during the all time high. No doubt this is due to the extreme high inflation with monthly distribution (dumping) of coins into the market which was, especially in the first months, deposited largely to weak hands. However I am not criticizing the distribution method. It is what it is and you have to start somewhere and get the coins distributed. I view this method as much much better than via an ICO which was one of the things that drew me to this project in the first place.

Anyway, I think dynamics will change now in interesting and potentially more bullish ways. For a start byteball is becoming more scarce. Because its gone down in value there is less incentive to cash in free money, coupled with that the amount given to linked bitcoin holders is drastically reduced, so that means the incentive to sell and the amount that can be sold (by the weaker hand bitcoin holders) are all reduced. On top of all that there is no distribution this month causing scarcity of supply for this month which adds to what I already described.

While there are still a lot of byteball to be distributed, I think that now they will mainly go to invested byteball holders with much smaller portion to the bitcoin holders. ie more of these holders will probably be stronger hands. So yes there will be continued downward pressure while distributions are still inflating the supply on the market but for reasons I stated I think this will be less than before.

Aside from those observations on a technical level byteball looks oversold even within its bearish trend.

These are all reasons why I've been buying, not to mention that I think the technology is amongst the most interesting I've seen.

Its painful to see it go down when you already invested. I've increased my stack in last few days and planning to hold what I now have for long term. In short term I feel this coin is way oversold, for me its hard to see it keep going down much more from here, although I've been saying that since about 0.06 

Hopefully we'll get a nice rebound soon.

I sense some hostility towards bitcoin cash. Virus? Anyway I just bought a few, slowly accumulating on dips. Its a good coin. Satoshi would approve

I got some free, and bought some. Does that make me a commie or a capitalist?

  

In my humble opinion this is an undervalued coin, it will rise

My non expert take on it is this. Anyone (with skills to know how) could make a fork at any time just by duplicating the code, changing the name and a few other key things to prevent the two blockchains becoming entangled after the split and thats about it. Announce it and start mining it. But for the project to grow it would need people to support it, through its whole ecosystem, ie miners, devs and users. For that to happen it would need a good reason for being.

Well I was assuming it was just a normal fork. But yeh a fork and premine with ICO thats a new twist. Or shit show.