it is easier to try increment your stash up to the point you only need a "reasonable" price increase to reach your "moon".
Aye. I started warming up mid/late 2013. Had I warmed up six months earlier Calvin Ayre would be farting on my breasts right now. The gains have still been very good. An early 2013er is full no shits given in comparison. Hopefully everyone who hangs in there long enough gets to not give a shit too some day. Not needing to give a shit has been postponed for myself at least. |
|
|
|
They bet on bcash twice. Once when they helped roger put it on the coin map, but then the bear market happened and they almost went insolvent with bcach going from $3k to $500, and then they bet on bcash once again, went all in by switching from BTC mining to help in the hash wars. And what? It went from $500 to $100, and they're getting sued by Craig's friends. What a bummer for Jihan.
By all means throw your personal fortune away. What I find really strange is how all, or enough, of Bitmain got behind this. It seems very odd that there weren't more level headed partners or investors or advisors who didn't flip him over their lap and spank him and whoever else thought it was super cool until they squealed. No one with any objectivity could've considered any of this a viable idea. |
|
|
|
I think theymos probably knows satoshi's identity. Although it's quite easy to remain anonymous on the internet so it might not be true.
I see no reason why someone who appeared from nowhere on a cryptography board would ever let anything slip to anyone under any circumstances. For all Satoshi knew Theymos might have operated out of an internet cafe and went off to dinner leaving the screen open or let his roomies handle PMs when he was off on a hot date. One person knowing who you are is infinitely more troublesome than no one knowing who you are, let alone more of them. |
|
|
|
I get kinda sad when I see some old timers on here talking about mining in terms of profitability. Mining was never about profits...people that talk about that I put in the same group as traders, hypers, and get rich quick guys that ruined bitcoin back in 2013, and again in 2017. Mining is here to secure the network and DISTRIBUTE coins period. If your mining and selling your coins your doing it wrong.
I'm pretty sure Bitcoin was not designed to be a charity case. If it were I presume the idea would've been binned instantly as hopelessly naive. It was always going to be ravaged if it requires good will. There isn't very much of that in the world, even more so when it comes to money. It's about boxing and pointing self interest towards the benefit of something bigger. That requires profit and plenty of it. |
|
|
|
|
People shouldn't mix up coins looking like they're going to croak with an exchange dying. An epic fall generates huge amounts of fees for exchanges, just as an epic rise does. That exchange will be capitalising massively from massive falls.
The time you need to be wary are the sideways times like early 2015 where the price barely moved from $250 for weeks on end. Exchanges make money on volume not price. When the volume goes is when you need to clear out of the less solid places because that's when they either run out of money to keep going or exit scam.
|
|
|
|
This thing is very likely to happen, but we should not only be fixated and focus on the decline, but we must also be optimistic and believe that the value of bitcoin will certainly increase to meet the expectations of everyone involved in it.
If you're a trader optimism shouldn't be coming into it. You owe it to yourself to be pragmatic. If you believe it's going to carry on falling then do something to capitalise on it. When optimism returns, and there are few signs for now, go and unemotionally milk that instead. |
|
|
|
but I remember back in the years when Coinbase was considered as a Bitcoin purist, now it's a profits purist (or a capitalist if you prefer).
It was only a purist because that's where the only significant money was to be made back in the day. I'm not sure if I'd class them as an enemy of Bitcoin, but they're certainly no friend of it. They've supported plenty of cockamie attempts to fuck it up over the years. I think by this point they would probably prefer it to go away for good so they can concentrate on things they can control. |
|
|
|
|
If I were actively looking for opportunities the only ones I'd be considering would be angled toward growth a couple of years down the line. Scalpers will be out in force trying to push prices all over the shop as everyone's so jittery, and the more obvious the move the more likely they are to try and rape it or try to take it in the opposite direction to expectations.
If you've bought high then soon it'll be prime selling low territory and if you let go then you'll have followed through on the most classic mistake of all, but also the most human one.
|
|
|
|
Surrendered because it is an honest coin without manipulators, in ETC only money of the people, it is on the contrary very good. In ETC will go many people of the ETH because will disappear mining in the ETH
A piece of shit is your coin because it does not have mining, can freeze the money of any user, and in a normal coin for the sake of one person hard fork will not to do
Wut? The only way it can deprive certain people of money is by hard forking the entire chain like most other coins. Over 10% of circulating supply was nicked from Coincheck and it wasn't considered then so it certainly won't be considered for anything other than total disaster just like Bitcoin. |
|
|
|
|
Surely Bitmain primarily raped themselves with their suicidal bets over the Bcashes? If they'd concentrated on what they're supposed to do they could've banked enough to ride out whatever the future may bring. If they die then that's at least one good development from all this.
|
|
|
|
There used to be losses of over 90% in Bitcoin's history, and the "biggest yearly loss" doesn't mean anything, since it's still a smaller total bear market loss than the one in 2014/15. The previous bear market lasted for 2 years and this time there's a good chance that this bear market will end in the next 3 months
I guess it depends on what your definition of a bear market is. So far we're following a fairly similar pattern so a similar two years is very possible. The truly painful bit was the never ending nothing after the proper bottom in 2015. We still haven't gotten to that phase yet and that's the one that'll make many a place feel like a ghost town, much more so than the collapsing bit. |
|
|
|
But that's shitcoins with tiny trading volumes, people who have confused bcash and Bitcoin are a small minority of Bitcoin traders, no way there's enough of them to justify going from $6,000 to $3,000 and staying here. I also don't buy the bot trading theory, because if it was true, then the market would be pumped and dumped on a daily basis, if bots can be so easily tricked.
I distinctly remember XEM going batty when it was XLM that had significant news. Both rose sharply while everything else was not doing very much and XEM itself had nothing much on the horizon. It didn't last too long but I couldn't think of any other explanation. |
|
|
|
|
I'm riding it to the end no matter what. I'm too far gone.
And shouldn't one's quit point have been at the $20,000 level?
If people are waiting for the ultimate low to quit, well...
|
|
|
|
You’d be able to tell if Chart Buddy was still here, I remember seeing 4 or 5 of Chart Buddy’s posts in a row. Was like a ghost town in here, that’s when you knew the bottom was in.
Shame we don’t have a similar bot now really.
I'm not sad. I hated it. I'd rather organic rather than machine deadness. The empty bumps were depressing. |
|
|
|
|
Go and ask a professional, not a bunch of randoms on the internet.
And if you're planning on doing something related to fiat exchange, the UK is a truly hopeless to do it. Unless you're Coinbase you won't be able to retain a bank account. Every bank will reject you.
|
|
|
|
EOS for instance is even listed on BitMex.
Because Bitmex knows it's a shameless shitcoin and will make plenty of money helping to drive it into the ground. I cannae believe it got as high as it did considering its nature. I guess that's the power of pump. |
|
|
|
it seems like coinbase is starting to believe in the potential of a lot more coins,
They believe in the fees they'll earn. That's about it. But the same applies for the people buying and selling them. It's not as if anyone's gonads are aching for decentralised storage or a drain cleaning ICO. If I were them I would at least fence them off into a separate operation. Every single coin carries a risk of it blowing up in their faces. There could be forks, double spends, 51% attacks or flat out abandonment. This seems a tad premature to me. Still, there's bills to pay. |
|
|
|
the ledger blue's seemed cool but I couldn't decide whether to get one or just use an old phone to store keys - $220 is quite steep
Are they selling those still? They should not be. It didn't receive any updates for months while the junior versions did and I'm pretty sure they've admitted they're going to abandon it going forward. It's been an utter failure. It also supports less coins than the Nano. |
|
|
|
|
Show Posts
