In the short term we need a safe haven from Crypto, having a gold backed currency would be better than a fiat backed currency. Any backed currency requires a trusted party and having a permissioned block chain is irrelevant as you need to trust 100% the people who are storing the backing. Having a permissioned blockchain based on PoS means they can censor or undo any transaction, as long as enough of the stake agrees. Probably, the majority stakeholder could do that alone.
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I wonder what great significance this piece of news might have. Is there any need for a Korean court to rule bitcoin has economic value and can be confiscated, so the proceeds go to finance state budget? The Feds confiscated and sold Ulbricht's Silk Road coin and happily auctioned them without all that fuss.
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While on the topic of Masterluc, there are two more pearls of wisdom from him: (today at 8:53 am) Bitcoin is not alone. The same orgy (uncontrollable growth) is going on for almost all major stocks. Only bitcoin is called a bubble for some reason. But soon the time will come to collect the stones ....
(three hours ago)
The alts are watching and waiting for what bitcoin will do next
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TMSC produces and supplies Bitmains chip. Samsungs foundry is making it for a customer, not entering directly: "TechCrunch: “Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. However we are unable to disclose further details regarding our customers.”
Yeah, I was thinking about this the other night. If Jihan has used his war chest to lock down another foundry humanity is fucked. If the client is Jihan, it's only SHA256 that is fucked.
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Hey xhomerx10, where do you get masterluc's predictions from?
The master luck account has been compromised but he has a few aliases. This is him on ://www.traditradingview.com/chart/BTCUSD/3RjQGYZp-No-resistance-till-15000-when-3500-will-break-up/ How do you know the masterluc account has been compromised? Actmyname left negative trust with a comment the account is compromised, but he hasn't posted a reference link that explains the negative. Masterluc wrote so himself on VKontakte https://vk.com/wall-130254204_7571
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Maybe i’m Kinda curious off Some in here are actually selling / panicselling while writing things about Going to the moon and stuff ?? Are there Some in here ? Bottom Sellers or not too Many?
Still hodlin and buying here.... But I'm running low on fiat money so I'm hodlin out for cheapest coins based on masteluc predictions. Hey xhomerx10, where do you get masterluc's predictions from? The horse's mouth is on VKontakte https://vk.com/bitcoin_vangaMasterluc's account here on Bitcointalk has been compromised. Disregard any post in his name on Bitcointalk!
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Traders starting to load up on Stamp. Nerves getting wracked over being caught on the wrong side of a huge short squeeze. I did hear a strange thundersquishing sound with some whining yesterday. Might that be it? By the way, I hear a distant sound of thunder. No, it's not thunder. It's more like
shhpllllirrrrr shhpllllll weweee shplllrrrhh...
what can it be? The distant sound of shorts being squeezed in the not too distant future?
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are you ready to go under 7500 euro / BTC? this is optimistic my prediction for the next 1-3 days is under 7000eur Good night bitcoin land! Well 7500€ would still be 300$ higher than the lowest possible bottom called by masterluc. Nothing creepy and shouldn't last long. But if it go lower than that I think I'll start shitting myself a little. Besides, when masterluc made his latest dollar price prediction, USD wasn't free-falling as it is now.
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note to self:
watch mempool for early indication of volatility
Have not exactly been watching it, but I just got a standard 1-in, 2-out tx confirmed next block for 0.40$. Mempool seems quiet now last 24 hours Ahh, I see what you mean now. That's right.
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note to self:
watch mempool for early indication of volatility
Have not exactly been watching it, but I just got a standard 1-in, 2-out tx confirmed next block for 0.40$. Mempool seems quiet
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Recently stock market took a couple hits too. Who knows if this is relevant for the immediate future.
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Good evidence, Samarkand. Thanks. I don´t think this will have a big impact on the market at all. I hope someone of you got a few buy orders filled.
I got one, waiting for one more. Shameless, yes, I am being a little unrestrained in this accumulation spree. By the way, I hear a distant sound of thunder. No, it's not thunder. It's more like shhpllllirrrrr shhpllllll weweee shplllrrrhh...what can it be? The distant sound of shorts being squeezed in the not too distant future?
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Notice How All Shitcoins Are Pegged to Bitcoin's Price There Will Never Be A Flippening
I would merit this, but in the expressive words of our retiring chap-wearing superstar, I would merit this post, but I blew my load
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I feel this is just one last (or next-to-last) weak shake. The bears must be out of breath. And out of coin.
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More news from Masterluc. My account on bitcointalk.org "masterluc" was compromised
So I'd suggest mistrusting anything Masterluc posts here.
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News from Masterluc. Daily volumes fall = bearish trend is weak. I still believe that the lower $10k will be bought ruthlessly.
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My lowest limit buy order triggered and filled. I managed to slip another one just a little lower BTFD
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The strange part about all this is that the possibility to continue to another ATH is still not completely off the chart and could fit the previous pattern..
Maverick trader contrarian thinking eh?
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I am not finding this breakdown of the line from the 17th convincing.
Unconvincing shake?
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Reminds me of someone. ... who's been silent lately.
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