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Right now trying to do this but nothing happening for any one  Most of the users in this thread did it a few years ago.. |
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When btc gets a dump, and the same microsecond the alts get a dump as well, it cannot be people being greedy/fearful, right? it must be a coupling in some form to the mastercoin, btc?
im not saying anything about the intrinsical value of an alt itself, nor if its a good or a bad alt, but just these fluctuations intrigue me and i dont really understand...
Not sure I understand your question : the answer seems self evident : There is trading constantly on multiple exchanges 24/7, every second of the day. The alt prices (on coinmarket cap or whatever) are based on 'last trade' for a number of exchanges. The trade is in BTC, that is converted to $$ in the quote. If BTC $ price changes, then so must the alt $ price, even if there is no further trade. If a bid/offer is hit then the BTC price changes as well. i appreciate the explanation, and it seems fair in regards to $$ value, but thats not what i meant, and thats also the part i dont understand. When bitcoin makes a pump or a dump, the alt varies in BTCprice as well, and thats strange to me. (as your explanation (as far as i understand) states the $$ price must go up and down seems logic as the BTC value varies in $$ value. That makes sense. But why does the BTC value of the alt change so much as well?? Thats double... For instance: when BTC takes a drop of 10% in $$ value, the ALT makes adrop of 10% in $$value (logic), AND a drop of 10% in BTC value as well (unlogic), makes a total devaluation of that coin of 20%..) The user BTCMILLIONAIRE explained what could be the cause: When it is clear the BTC is in a downtrend you could get profits by shorting altcoins for fiat:
Furthermore, if there's any indicator that Bitcoin will be tanking it would be fairly easy to short alts for fiat and then rebuy alts at a cheaper per BTC rate with cheaper Bitcoins (obviously comes with elevated risks).
Basically, Bitcoin down = make double the money by shorting shitcoins. So the connection between futures tanking Bitcoin and altcoins tanking even more is crystal clear once you crunch the numbers.
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Mtgox will refund (partially) their customers in 2019? Yes, looks like it will happen finally. But... going live again? What do you mean? I mean maybe they will not go "live" but they will not be in bankruptcy state anymore. In any case it looks like it will be a huge injection of bitcoins to the marked and a very good opportunity to buy cheap |
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Looks like the scammers at Bitmain are trying to rig the market above their cost of production now. This is how you get the long, drawn out bear markets. They'll do this for months until finally giving up and then it just slowly grinds lower with various miners going bankrupt just like last time. Now the market is entirely just random slobs trying to profit off forecasting when and where Bitmain will attempt to rig it to. If you attempt to trade it, you have to figure out if Bitmain actually wants the price to go up, or if they're trying to keep it lower to bleed out competitors first.
If the chinese Bitmain have something to do with this price dip it looks like they still have some margin to dip it a little more based on their last Antminer s15 and its 28TH/s with 1596W and 0.08c/kwh (China average electricity price) |
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Hmmm I thought we were done at $3600.
Next support is $2,900 to $3,000. Should be heavily defended.
If this doesn't bounce, were basically screwed and all crypto with it Yeah this is pretty shocking, I thought after seeing 2014/15 that nothing could get that bad. but, this drop is the worst I can remember purely because of the lack of buying volume. not 1 damn decent bounce yet. I don't know what to make of it, but its not good. I am starting to think that the whales are probably even more scared than we are. Maybe no one is going to save us this time. At least not yet.
Yeah I've never seen it like this before. I think most of the people are waiting for the right moment to buy their hats |
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I would like to ask a question to the long term hodlers governing this thread, the ones with the hat: How down do you think the btc/usd price can go before next ATH?
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I can not find magnet on coinmarketcap.com, has been delisted?
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All shitcoins going to 0. This is good. Bitcoin is just preparing for the new bull run  Well, everyone can buy more cheap black friday coins. I don't believe this trend. It is purely a bear trap. Last year run will repeat soon. I do not believe we will see a bull run before the mtgox users spend their refund next summer |
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Why the swap is taking so long?
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Is it correct to assume that when mtgox users get their refund next summer and sell their bitcoins, then the price of bitcoin could get its biggest drop in its history?
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Is it correct to assume that when mtgox users get their refund next summer and sell their bitcoins, then the price of bitcoin could get its biggest drop in its history?
Oh fuck off what? |
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Is it correct to assume that when mtgox users get their refund next summer and sell their bitcoins, then the price of bitcoin could get its biggest drop in its history?
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@PrintexTeam, is it planned to list PRINTEX on more exchanges soon?
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Anyone know where is the new wallet? |
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Dear comunity Blocknumber 390000 is gone, so now ARGO blockchain has been split in two different blockchains! old ARGO blockchain is versions 1.0.0 and 1.1.0 new ARGO blockchain for swap is 1.2.1 So now we can start with swap! If you forgot to update wallet on version 1.2.1 you MUST do it before swap process. If you will send coins from old wallet - your coins will be lost. But you can still update wallet and resync blockchain and your ARGO coins will be back and you can process swap. It is because all transactions which were made in old wallet will not be confirmed after block number 390000 in new wallet. So now about swap process: 1) open swap web gateway on address http://swap.argoneum.net/2) paste your ARGONEUM address where you want to receive swapped coins 3) you can fill some email address where you will get info about completed process or simply wait when your coins will come to the wallet 4) You click on "CREATE REQUEST" button and you will get your request ID and ARGO address where you have to send ARGO coins from your ARGO wallet version 1.2.1 Swap process on background is manually .... so it can take some time when you will receive AGM coins (we need some sleep) but all swap requests will be processed ASAP If you will have some problems or questions please PM me on Discord @Raty#5690 SWAP process will be fully transparent!!! So I will publish table with ARGO address and Argoneum address which have been swaped. So everyone will be able to check transactions with Explorers and see that we are FAIR! Nobody from Argoneum team will get ANY SINGLE coin from swap premine without swap ARGO coins!!! Hi Argoneum, I am having problems with the SWAP, I did install the new wallet but now it shows no balance, no reception addresses and the transactions are shown as disabled. How I can paste the argoneum address to the form if my reception addresses have dissapeared? |
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