So get this: https://coinmarketcap.com/currencies/bitconnect/Another "bit-something" coin goes to the moon. 3 months at less than a dollar. Current price: $10.75, sustained for a couple of days, coming from a $17 peak. Good volume so no shitty pump and dump with no volume (900+ BTC in 24 hours, so that should be enough to cash out a decent amount of BTC over the course of a couple days so you don't crash the market) By looking at the website of this: https://bitconnectcoin.co/Same font as bitcoin's font, same orange logo style. Im trying to find out what's the punchline with this one. Looks like a regular PoW/PoS coin. What I find interesting is that they integrated an exchange within the site so they don't have to wait for any exchange, and claim the exchange is decentralized which I doubt. Anyway this is just ridiculous. I don't see anything remarkable about this coin, just another coin. People seem to love bit-something coins, specially if they can sit back and relax as they stake more coins. If this thing can get to $10 with decent volume, then bitnet must be able to do it too. We need to get rich, the situation is intolerable. All those lame coins making people rich, it's just nuts. |
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I'm not sure what I'm more worried about: that I find something that resonates with me in your post, or that I am contemplating buying $100 of two alts that fit your description in the near future.
I think many of us, whether we'd admit it or not, feel absolutely stupid for not taking the plunge earlier and live with this tiny voice that despairs over how the rest of our lives will turn out because we didn't.
Here is another regret to add to the "should have bought this one" list: https://coinmarketcap.com/currencies/bitconnect/This motherfucker, went to 10 dollars. 10 fucking dollars. Can you fucking believe it? This was hoovering what, 0.20 to 0.80 cents? for 3 months. FUCK. |
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Call it XMR, DASH, PIVX, I couldn't give two fucks, all I know is, the feel of holding a coin that stays flat for like a year, worth cents, then starts rising and you know you are safe because it will never be that low again because people love speculating, so you just keep seeing the thing go up and down but never losing any money, until your initial $1000 goes x100 and you could cash out for a million bucks at any time, feels fantastic.
We need to get rich immediately. Get in before the next big pump when the coin is flat and make a killing. I can't fucking believe I missed PIVX. I remember when it was worth cents i had this feel "this shit's going to pump eventually.. people love a better-DASH clone thing". I didn't invest.
Now it's time to find a coin that's flat and has potential to go x100.
I can't take working, too tiring. I can't deal with the fact that I will be trapped working until im past 70 (im young so they will make us work for longer by delaying retirement age). If im not rich in 10 years I'll either be dead or in jail.
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Sell all crypto-currency to fiat IMMEDIATELY. BTC will dive -30%. Altcoins will decline even more. SegWit and scaling has been defeated on both Bitcoin and (at least near-term) also Litecoin. Also there are macroeconomics things going on which will also hit gold and every asset except USD. Store your money in USD or altcoin USDT (dollar peg) temporarily until this dip has concluded. https://bitcointalk.org/index.php?topic=1663070.msg18594538#msg18594538
Re: BTC doing good after this big dumpThe floor is really around $1050-1100 right now and it's unlikely to break that due to the strong resistance in the market.
We went from $1200 to $1165, it's staying up nicely, so we must hope that we don't go below $1100 and I think we are reasonably ok and good to go for the next $1300 test.
Just like what others said, I don't go for it that it was a big dump. It's only a very small fluctuation compare to what happened from the past like Mt.Gox and with the BTU drama.The price right now is at $1,199 on preev and it will keep on moving and stable at that rate. We'll see that $1,300 very soon.  as far as I know a correction shouldn't be sharp. it is usually a slower drop. the sharp dips usually show some kind of manipulation and followed by panic sell. mostly starting with the expectation of a drop (in this case the SegWit drama by F2Pool) and then weak hands jump.
Expect some event to serve as a distraction from the Scalepocalyspe reality that we are enslaved by the shadow elite.This market is flat out fraud. $30 $41 spread between Finex and Bitstamp. Since we all know Bitfinex is an insolvent exchange that trades against it's own customers and also steals their money, I'm guessing that spread is also propped up by non-existent money just like Gox. Why are people willing to put up a $2 million buy wall on Bitfinex but no other exchange to try and prop up price? Because Bitfinex probably isn't even using real money, just imaginary exchange digits. I've been saying BitFinex is the new Gox forever and here it is. There is no valid price of bitcoin as long as Bitfinex is the market maker. The current chart looks like shit and is forming a down channel and you got fraudsters on Bitfinex trying to manipulate it up with imaginary money that probably doesn't exist: 
Making excuses about not being able to make wire transfers.
Also note that Tether was involved in that lawsuit, so perhaps USDT token is also not safe to hold:Court records show that yesterday, lawyers for the plaintiffs – iFinex (the owner and operator of the exchange), its two British Virgin Islands-based subsidiaries and digital asset transfer firm Tether – filed a notice of voluntary dismissal in the US District Court for the Northern District of California.
Glad I didn't buy LTC again because the price got chinked again by Jihan Wu activating his miners right when the activation period started. Geez. Im down to store BTC in USD but I don't want to deal with banks so it would have to be USDT. Is there a way to store USDT locally? I don't want to deal with the stress of having money in Poloniex. |
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Well, I have ruled out the possibility of this being just lucky block variance.
What percentage can go up in a lucky variance?
But seems too much. Last time I looked at this site it was like 10 points lower. Did any new pools start signaling?
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Any comments on what is going on with LTC in the past hours? Segwit at 82% support. Looks like we are at all time highs. Signaling period about to start. And of course, Wang being an ambiguous cunt to keep you on the edge waiting for his next tweet: https://twitter.com/f2pool_wangchun/status/852819713625174017Wang Chun the democrat decides to make a poll!! fantastic. Of course this is just to put more uncertainty in market participants. Since we are at 82%, seems like it's enough to activate segwit given that there are no pulling outs by shorting chinks. So this is pretty much a 50/50 gamble where LTC either actually activates segwit and price moons, or you get trapped in the middle of the activation period waking up to a tweet that caused a crash. Who is betting some money on this one? Will LTC moon with a segwit activation or shorting temptation will be too high by the chinks? Find out in the next episode of CryptoBall Z |
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How can they find out I own bitcoin?
You have no secrets from the national security agencies. I don't care how many mixers you use, you have no secrets from them. Find old discussions between @smooth and myself on that topic. Why doesn't MP dump too? he is a public figure so he will be the first to get trapped by the anti bitcoin government control operation.
He is already one of the $billionaires (will probably be $trillionaire by 2030). He is a member of their shadow elite's club named The Most Serene Republic. Do you need the evidence. MP alerted the TMSR which controls Wikileaks and this is why Wikileaks destroyed Hillary's campaign. Do some research on the connection between Rothschild and Julian Assange. Btw, Julian was a cyberpunk (the mailing list discussions) before he launched Wikileaks of which so were other players such as Hal Finney and James A. Donald (see my quotes of him in the Dark Enlightenment thread and note he was first person to respond to Satoshi on the metzdown mailing list whet Bitcoin was announced Nov. 1, 2008). It's harder to trap the small guy that only owns a couple 5-21 BTC, it's not public, uses Tor etc.
If by 2030 I have several million dollars that I cannot enjoy because I can't even cash them out because the fee is higher than the million dollars I have im going to be pissed.
They don't need to trap you. You'll get caught in their regulations because you will get kicked off the blockchain by the exorbitant transaction fees due to the constrained block size. Also they can create war and other problems for us that cause us to need to spend our BTC sooner than we anticipated. If by 2030 I have several million dollars that I cannot enjoy because I can't even cash them out because the fee is higher than the million dollars I have im going to be pissed.
You'll be forced to cash out of BTC before that (to some regulated financial system such as Lightning Networks, SEPA, etc) or hold your BTC a regulated exchange. Or possibly there will be another blockchain choice such as yours truly.  Ethereum is also attempting to scale the blockchain. I will make a post comparing Ethereum's technology to mine in Altcoin Discussion soon... So let me get this straight. Even people holding millions of dollars worth of bitcoin, will see their bitcoins trapped because transaction fees will be worth millions of dollars? What fees are we talking about by 2030? (at supposedly around $500k price) And how do we know when we start losing money (aka when is the time to dump?) You say now is too early because the price will go higher and the fees will still be affordable. How does one calculate when you start losing money in relation to the amount of BTC you are holding, the price, and the fees so you know the ideal time to dump? Is rpietila also part of that group? what will happen to him? he seemed like a cool guy. You paint a scary picture where there is an Illuminati elite of BTC holders. I am just a hard working poor guy hustling for BTCs, made a decent portfolio (not even yet 21 BTC group) and you are saying these guys will make my wealth useless because the fee will be so high by 2030 that even if you are holding something decent like 10-20 BTC, your wealth will be stuck, so you are forced to eventually sell before the fee is higher than your wealth. This is just nuts man, what the fuck? Fucking billionaires. Fuck all of you!! I only wanted to make a couple million dollars from my hard working and hustling and long term vision to hodl BTC and retire peacefully and now I will get fucked by insane fees. Fuck this trash, fuck their group, pussies. I was excited to see BTC at 6 figures in 10 years, but I will not be part of it even if i have 10 million worth of BTC because fees will be higher than 10 million BTC? this is insane. When the fuck do I dump this garbage? im too pissed, im going to the gym. |
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Yes, I think it's obvious, it would dump pretty hard actually... Donald Trump has a massive influence on everything. He is a billionaire, he is the president of the USA for god sakes. It's obvious that if he says "im banning bitcoin" the price would tank hard, not sure if 2 figures again, but it would be BAD.
If chinese miners can tank the price, he can surely do it way worse.
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I speculate AJ will not retire for long. He will come back maybe next year or at the end of this year but this time in the heavyweight division. If that happens I would also like to see Jon Jones move up to heavyweight if he wins the light heavyweight title back.
AJ will probably try some other forms of income because he is getting tired of getting submitted by better wrestlers, the problem is, making money is hard out there so he will probably come back for a couple more fights. |
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All the $billionaires and $trillionaires will be doing their settlement in BTC.
It will be $500,000 per BTC.
That is obvious.
You don't seem to understand money very well. And I am not going to write a treatise here. It isn't my responsibility to fix your ignorance about money. I say this forcefully because it behooves you to do some learning so you stop spouting off incorrect judgments.
You said this in that other thread where the first Snapchat investor said it's going $500,000 by 2030, that you agree with that prediction. 2030 is 13 years from now Current price: $1200 That's $498,800 to go in 13 years, which according to my third grade math means BTC should raise around $38369 per year if your theory is correct. Isn't this a bit nuts? How can BTC grow so much in 13 years? It would need to go parabolic in an unprecedented way. It would redefine the meaning of going parabolic. Nothing ever has grown this much, not even Berkshire Hathaway Class A stock. We are looking at insane levels of growth in a parabolic way in the last 3 years before 2030 is hit and by the time the curve of coin release starts being flat:  So if this is of any guidance, by about 2025 we would need to start seeing some serious shit, like legit insanity of price growth. And I say parabolic, because I don't see anything near $38369 per year happening any time soon if the growth was more or less linear, so it must be next-level parabolic. We would need to be seeing gold whales, stock whales, fiat whales, everything, moving money onto bitcoin to hodl there (or transact within the blockchain but never leaving BTC). We are talking about 5 figures of growth per day in the last period... this is insane and would cause heart attacks left and right from hodlers that become rich in such a extreme way. We are looking at current mega whales (considering they don't sell along the way) becoming the richest men on earth, maybe surpassing Rotchilds? I don't know how many BTC the mega rpietila and MP tier whales have, but at $500,000 per BTC they would become stupid rich, maybe first trillionaires ever (as a single guy owning +trillion). I don't know, the growth required for $500,000 in 13 years seems too much. It would be something never seen before, books would be written about it, kids would learn about it in schools. It would be all over the planet, minds would explode, people that didn't buy at $1000 would hang themselves with a belt. . Al Barlett on Growth and Sustainability Compute: (500000÷1200)(1÷13) = 1.59Thus to reach $500,000 in 13 years from a starting price of $1200, a compounded rise in price of 59% per year is all that is required. Do you understand now why I think @dinofelis is very mathematically near-sighted. The chart you showed is not constant compounded growth, but rather logistic growth. Indeed we should expect Bitcoin to be logistic, because nothing can grow at a constant exponential rate forever. Since the $10 entry price in early 2013 to the recent $1300 price, Bitcoin has averaged 237% gain per year compounded. So we can see that Bitcoin's price is rising much faster than 59% per year right now and so by 2030 the price rise can slow down to much less than 59% per year and still reach $500,000. I believe @rpietila did some logistic models of potential BTC prices. If we assume a 75% compounded rate (for the equivalent logistic model) from now until 2024, then the BTC price will rise 50X, thus $60,000 and the market cap will be $1.2 trillion. Of course no one can surpass the elite in BTC wealth, because they mined most of the first 10.5 million Bitcoins. Most of us won't have enough BTC to stay on chain that long so we will be kicked out to currencies (altcoins or what ever) which are regulated and many of us will have our wealth confiscated by governments gone bezerk with the severe sovereign debt collapse that Bitcoin is going to help cause and make severe. You say you won't give your private keys, but the government can throw you in jail and torture you. Also I expect by 2024 or so, the elite will have control over the mining and can blacklist addresses they want to. Why would the elite want to create thousands of new trillionairs?
They aren't. See above. Why would trillionares need BTC when they own offshore banks?
Offshore banks aren't a reserve currency. How can they find out I own bitcoin? I have never bought it. Anyway, what's the point then? Might as well dump it all before the so called bitcoin confiscation begins. Why doesn't rpietila and MP dump too? they are public figures so they will be the first to get trapped by the anti bitcoin government control operation. It's basically free money for them. It's harder to trap the small guy that only owns a couple 5-21 BTC, it's not public, uses Tor etc. If by 2030 I have several million dollars that I cannot enjoy because I can't even cash them out because the fee is higher than the million dollars I have im going to be pissed. |
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If you want/need off-chain solutions there are wallets allowing you to do so and have transfers between accounts without the need for confirmations, for free. Wrong. We need segwit + LN. Sorry, the dream it's over without segwit + lightning network.
So you're saying it is impossible to have this at a mainstream level without these systems in place? Those are the facts, im not saying anything. If you want your damn coffees, you are going to need LN + segwit, that's just how it is. Emphasis on the time being  It's not "just how it is". If we settle for that, then effectively Bitcoin won't even scale further from what we have. Wouldn't you like to see Bitcoin scale? if yes, then it's not "just how it is". Well, I wouldn't mind bitcoin going to $500,000 per coin as an expensive, slow, unregulated digital gold of sorts. Buying a lambo per BTC? im in. In any case, it's better than BUcoin. With segwit + LN, you could still get your coffees offchain, and still have the onchain unregulated feature. LN can function without segwit, but not at 100% for reasons explained a million times (not falling for franky1's bait). |
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https://www.youtube.com/watch?v=qbNG66nQdqASay bye bye to this scene happening at a mainstream level (where not only some nerds use BTC to buy things in real life) without second layer network running at full steam thanks to segwit. Bitcoin can never scale onchain to massive levels to cater for the instant speed required for over the counter shoping. Sorry, the dream it's over without segwit + lightning network. There is no consensus, so BTC will remain some sort of expensive, slow, decentralized-node network, unregulated digital gold for the time being. That''s just how it is.
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AJ claimed that the is retiring and not fighting ever again, he said he has further business beyond fighting, maybe some role in some movie or something? It would be cool to retire from fighting as an actor.
Anyway, next is Cormier vs Jones. Jones is insane, he is a coke addict. I think he is the type of fighter that if he losses he will kill himself, no joke.
It is sad to hear that AJ is retiring from the sport and that light heavy weight division lost one of the most attractive fighters , he might not focus his career into movies but he might have something lined up with NFL ,what he said was he is not finding it interesting to prepare for the fight and the decision might be because his team had a split recently and all these factors might have forced him to retire. Light heavyweight division seems pretty empty to me. Who is a ticker seller anymore besides Daniel Cormier? I can't think of a single one (except Bones himself), so I guess we are waiting to see what happens next. I would like to see McGregor roided as fuck at 200 LBS fighting there lol. |
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The point is that other coins like doge or litecoin is much less popular than bitcoin. The coffee shop does not accept doge and litecoin.
And when the coffee shop sees that nobody is paying in BTC anymore, they'll figure out that it's not practical. Additionally when speaking to their customers about it and hearing their desires to pay with crypto currencies, they'll investigate other solutions. LTC with LN perhaps? ETH? DASH? Consequently those coins proving to be filling the demand will gain in value. See how that works? Is yet to be seen if LTC can activate segwit. I guess it's a good idea to hold some just in case, but you never know what's inside the mind of a chinese mining whale. We may see it in LTC eventually. We have people like Wang claiming segwit "is a disaster" yet he supports it in LTC. You can't make this shit up. |
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All the $billionaires and $trillionaires will be doing their settlement in BTC.
It will be $500,000 per BTC.
That is obvious.
You don't seem to understand money very well. And I am not going to write a treatise here. It isn't my responsibility to fix your ignorance about money. I say this forcefully because it behooves you to do some learning so you stop spouting off incorrect judgments.
You said this in that other thread where the first Snapchat investor said it's going $500,000 by 2030, that you agree with that prediction. 2030 is 13 years from now Current price: $1200 That's $498,800 to go in 13 years, which according to my third grade math means BTC should raise around $38369 per year if your theory is correct. Isn't this a bit nuts? How can BTC grow so much in 13 years? It would need to go parabolic in an unprecedented way. It would redefine the meaning of going parabolic. Nothing ever has grown this much, not even Berkshire Hathaway Class A stock. We are looking at insane levels of growth in a parabolic way in the last 3 years before 2030 is hit and by the time the curve of coin release starts being flat: So if this is of any guidance, by about 2025 we would need to start seeing some serious shit, like legit insanity of price growth. And I say parabolic, because I don't see anything near $38369 per year happening any time soon if the growth was more or less linear, so it must be next-level parabolic. We would need to be seeing gold whales, stock whales, fiat whales, everything, moving money onto bitcoin to hodl there (or transact within the blockchain but never leaving BTC). We are talking about 5 figures of growth per day in the last period... this is insane and would cause heart attacks left and right from hodlers that become rich in such a extreme way. We are looking at current mega whales (considering they don't sell along the way) becoming the richest men on earth, maybe surpassing Rotchilds? I don't know how many BTC the mega rpietila and MP tier whales have, but at $500,000 per BTC they would become stupid rich, maybe first trillionaires ever (as a single guy owning +trillion). I don't know, the growth required for $500,000 in 13 years seems too much. It would be something never seen before, books would be written about it, kids would learn about it in schools. It would be all over the planet, minds would explode, people that didn't buy at $1000 would hang themselves with a belt. |
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I used to buy a coffee from time to time with bitcoin.
But I can't use bitcoin buying a coffee now, because the fee is so high, if I keep 0.0001 fee like before, it would take days for the transaction to get confirmed, I've got a transaction which took 11 days to get the 1st confirmation last month.
It's not cost-effective any more to buy (I mean both online and buying face to face) thing via bitcoin. And this is why I quit buy coffee with bitcoin.
We need segwit + lightning network in order to cater for mainstream coffee-tier transactions. So for time being, please use your altcoin of choice for coffee-tier transactions. |
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When did you buy PIVX and when will you dump? I see it's at 1.66$ already, when I was considering getting it it wasn't even a dollar yet. I fucked up by not going in when I felt like it was the right decision.
Now im too paranoid that when I get in it will dump, at the same time, it sucks that it may go to $5 because people love a good pump.
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Iamnotback, can you analyze the block window period? Or am I misunderstanding that part. It appears according to litecoinblockhalf.com that the window for activation is closing. They percentage of signalling may have eclipsed the 75% threshold. However the number of blocks mined during the 8064 block window is around 65%.
How will this affect the activation? I would attempt the math, but I'm not 100% sure of how to analyze that part. So I will leave it up to someone that has a better grasp.
BTW I went long at .0075 3 days ago.
During activation period 5 (6771 blocks mined, 1293 left): CSV 67.5%, Segwit 65.8%.
The requirement for lock-in is 75% over one 8064-block activation period.
As far as I know it's 75% for two weeks during a particular period (not sure when the "2 week" period begins counting again), if it goes lower than 75% anytime during that period we go back to 0 and we need to being another period from scratch. Where the fuck is Bobby Lee? wasn't he supposed to drop the remaining hashrate? we are going to need a solid 80% at least to not get fucked by block variance, and of course pray that Wang or any other big pool doesn't decide to short the market. BTW Pivx is going to the moon, should have trusted my gut feeling. People love to pump those sub dollar coins, I wonder how high it will go. |
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So BW decides to wake up with the right foot today and starts signaling for segwit: https://twitter.com/SatoshiLite/status/852034914249654272Reaction of the markets?  Yet, delusional schizo franky1 will remain in denial about the fact that the market reacts positively whenever segwit goes up. Now the question is, what pool will chink us this time by pulling out and shorting the market? Let's keep track of Wang's twitter. Those guys are psychos and will not doubt to fuck around with their power to constantly short and make millions. |
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