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1  Economy / Speculation / Btc fork crack smokers on: May 23, 2019, 10:33:15 PM
I can't believe I'm reading some of the posts from the bch and bsv horde who actually think that the real bitcoin will die and one of these shitcoins will end up being the world currency. How can these people have become that delusional? without segregated witness and ln bitcoin itself has no chance gaining mass adoption, how the fuck can they think that increased block sizes could?  Huh
2  Economy / Speculation / How are bitcoin and alt price charts connected? on: May 16, 2019, 03:33:00 PM
Before 2017, bitcoin had most of the cryptocap market share, something like 80-90%. When an alt pumped, bitcoin price typicially didn't budge. Now, when one of the major coins move they all move with it. My first question is how is this happening? when the demand for bitcoin goes up and the price goes up, why are pretty much the top 50 coins going up as well? Same with when the price goes down. I don't believe that people all of a sudden put money into all the coins at once, something else is going on maybe someone can explain?
The main point of concern I have is that if this continues, it's going to be hard to get bitcoin price into 6 figures because of all these stupid shitcoins that have to get dragged along with it.
How and why is this an all or nothing game? Thoughts?
3  Economy / Speculation / China mining decision May 7 on: May 03, 2019, 11:35:31 PM
So apparently China will announce their decision in 4 days about mining crypto legality. Here's one scenario:

-They say no more mining, 70% of the hashrate disappears immediately, giving other miners a much larger reward than before. Price crashes as they sell for more profits, and it takes time for other miners to take up the slack in other countries. After things settle out price starts rising again in time for next halving.

What do you think? is there another more likely scenario?
4  Economy / Economics / People focus on the wrong thing. on: April 28, 2019, 11:35:55 PM
Why focus on bitcoin price right now? focus on fiat: The quarter of a quadrillion dollars of world debt. The trillion dollars of debt the US alone adds each year. This is what to be looking at, because this is directly what gives bitcoin it's value.
5  Economy / Speculation / $3k range the new $6k range? on: January 03, 2019, 05:22:19 PM
For two months the price stayed in an uncharacteristicaly stable range in the mid $6ks, before the price was very quickly crashed into half, down into the $3ks. Do you think this same stability has begun to form over the next couple months in the mid $3ks? if so, will price break upwards to end this stable range or downwards, as it did last November?
6  Economy / Speculation / Bitcoin dominance on: December 20, 2018, 10:40:33 PM
For all of bitcoin existence it's held over 80% mkt cap dominance over all other coins up until early 2017, where it has gone to 34%-56% since, currently 53%.
What bodes for the future of this correlation?Huh

https://coinmarketcap.com/charts/#dominance-percentage
7  Economy / Economics / Bitstamp peak 19,666 on: November 09, 2018, 05:36:45 PM
Over the years the number 666 has been seen and discussed at many different price points on this forum as being symbolic. The December peak on bitstamp was exactly $19,666. Do you believe this was a coincidence? if a huge whale intended for the peak to end in 666, how would he achieve that? could he set a big sell wall at 19,666 and then when it was hit add many more to crush the price down? Could many whales have conspired to make this happen?
Not to sound like a tin foil hat wearer, but I honestly don't see how this was just a coincidence.
8  Economy / Speculation / China on: October 29, 2018, 12:49:15 AM
What will be the effects of China's self imposed exclusion from crypto? not only to the bitcoin price, but to China's economy if/when bitcoin goes huge?
9  Economy / Speculation / 2014 vs 2018 on: October 10, 2018, 04:35:41 PM
So let's compare the hangover years after the last 2 halving pumps.

2014: the year of the alts, every week several coins would pump 10x+, some pumped 100x in a week or 2. Exchanges were free to use anonymously.

2018: Every exchange now requires users to jump through hoops with identity verification/kyc bullshit. US citizens are banned from using most exchanges.
The alt scene it completely dead, if a coin goes up by 2x over a month that is a huge deal. Trading alts to make more bitcoins is nothing but a memory.

What is the result of these differences - is it possible bitcoin will never pump again due to crypto trading action being permanently dead and trading becoming so difficult and transparent it's no longer worth playing with?
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