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A more likely explanation is that hackers created Bitcoin
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The fact that there are sock puppet armies of people whose goal is to spread FUD and manipulate the price of BTC to their advantage.
Really exploitative and not fair to the average person.
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I want to withdraw 5500 nxt from Polo but can't because you need to include a message and it won't let you.
Any takers? I'll send first if you're trusted. Make an offer
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I thought LTC looked OK around $75-100... guess not :\
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A short answer: the peak is determined once the first large holder decides to cash out such that it influences other holders to want to cash out.
The bigger the dump, the more likely it is the peak.
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What about the environmental impact of traditional payment networks? Setting up a bank account, getting monthly paper bills and promotions, the cost of hiring a human being to support your questions about their horrendous UI... it adds up quickly, bitcoin or not.
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Yes, I would, only if they are willing to lock it up and throw away the key.
Not literally of course, who would be so stupid to do such a thing? *cough* Craig Wright *cough*
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Remember the guy that spent like 100 bitcoin on a pizza? Do you really want to end up like him?
hodl
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How did you know OP? I was about to get interested with your post as it seems that you can be a good source when it comes to bitcoin market price pump. Yeah it did a market price pump and I was surprise that from 10.7K surging up to 12k + usd. This OP has very interesting knowledge to share with.
Anyway, I will be checking on your post OP and hope to see more updates from you.
They probably don't have anything tangible to share, like photos of a hidden lair or something ridiculous. More like word of mouth, or maybe they're a part of it and whistle blowing  anyway, links to an article as a source are rarely credible and usually just click baity type things. |
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You might be pointing out on hackers planning to attack exchanges and other platforms that are holding bitcoins. This attacks really make bitcoin and cryptocurrency less secured as of now. This is a long-time issues that still need to be resolved.
That's always happening and isn't BTC specific. |
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Bank account is full.
Tax reasons.
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It is possible, there are theories about a quantum computer breaking and decoding privatekey through public keys. Though it is far from happening today but it will be a serious threat for BTC security if Bitcoin security features do not improve along the advancement of computers.
Yea but who would have access to quantum computers? They aren't exactly in mass production. A state actor? Is this what OP meant by "somewhere"...? IBM is making System One now. Governments probably have access to something even stronger. governments are powerful . they have lots of cash and they can order ready made quantom computers but i dont think that these computers can attack bitcoin via public address . btw is this some kind of a brutforce ? , if yes then they must need some part of the private key or some parts of the users passwords before they can attempt to crack it . If the government will seriously take part of this they can make it happen, they have all the resources and capabilities so it's better to every bitcoiners to be well aware on their actions, it's very important to keep being updated and to keep checking the possibilities or how the government is working with this concern. If Trump is on board with it, chances are every other global power is as well - https://www.govtrack.us/congress/bills/115/hr6227What can't the Treasury print more of? You guessed it, Bitcoin. |
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One small detail the article forgets to mention, you will still need at least a 256GB card and pretty soon a 512Gb one to run the full node, the package doesn't come with one and the cheapest is around 30-40$. Funny how the site they mention http://www.raspberrypifullnode.com/ still talks about 64 gb  USB hard disk? Especially a powered dock, 2tb used is only around $20. Plenty of space for the blockchain. Make sure it's low power. The new Pi is more power hungry. |
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Libra to hook into all your payments, bills, etc. And if they offer loans? Make payments or get locked out of your identity (!!!), can't pay your debts? Ok, here's your new repayment plan...
Sounds like banks on steroids.
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It is possible, there are theories about a quantum computer breaking and decoding privatekey through public keys. Though it is far from happening today but it will be a serious threat for BTC security if Bitcoin security features do not improve along the advancement of computers.
Yea but who would have access to quantum computers? They aren't exactly in mass production. A state actor? Is this what OP meant by "somewhere"...? IBM is making System One now. Governments probably have access to something even stronger. |
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John McAffee will say anything for a RT.
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Buy low sell high. Don't check the price all the time, too easy to get consumed by it. Don't keep your coins on exchanges like Coinbase.
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So glad Coinbase didn't allow me to buy BTC in March  Next time I'll be going with Kraken. |
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Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
are you talking about an attack on bitcoin? what do you mean is a bitcoin dump, I don't understand the real meaning maybe if bitcoin is having an attack I think bitcoin will be able to grow back because bitcoin is a coin that is resistant to any attack. Those who are convinced their defenses are impenetrable are the ones who fall first. |
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