Who sold at the bottom?
(snubbing) Won't even reply to such questions until the proper moment. Tsk, I'm waiting for the officials. And I have a hunch they're too busy celebrating ATM!  HAPPY 2018 This will be THE year I think. |
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Block #501853 A new one, but the "unknown" miner only sacrifices only the Tx fee this time. Number Of Transactions = 1 Transaction Fees 0 BTC https://blockchain.info/block-height/501853Viable attack to use when the blockchain is already backlogged with txs? Somebody needs to start working on a fix. Hoping it isn't a viable attack in the long term. Cant keep sacrificing 12.5 BTC unless there is a bigger end game. But can keep sacrificing fees for keeping the mining fee higher for longer. Have a bad feeling about this. Mostly the timing. Already a bit too down on price and might end up testing long term support levels .Hope its nothing.  This is just a standard empty block being mined. The block was mined in less than a minute after the last solved block. This is not an attack but pretty standard. Many pools mine empty blocks while they validate the last block. Before they can start including tx, they need to know which transactions in their mempool are already included in the last block. Rather than experience downtime, many pools elect to mine empty blocks during the validation period. Allright, this looks fairly normal - but what's your opinion on the block with the lost reward? |
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I am completely serious.
Why are you bothering to engage this nothing? In the time you wrote that you could've saved a life or invented cold fusion. Ohh, yeah, I felt on the trap again. Sorry.  Don't worry. He needs some attention, too. It's New Year, let's be good. Besides, he's good against intruders (inJEWders?). Woof. Woof. |
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There is a lot of FUD circulating around these days.
Business as usual, in other words. |
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Except this block didn't include the 12.5 BTC mining reward. I wonder...
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Of course, it is possible to have some small fraction of "play money" traded on margin
Speaking of which, today Bitmex awarded BTC to their customers based on a margin snapshot taken on August 1st at the time of the BCH fork. The ratio is 0.1707 BTC for each BTC (BCH) of margin held at that time. Over 17% return on play money. That's not shabby at all, is it? |
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Even though a vast majority of us were predicting a kind of $20k to $24k range - which was at least 10% more than the then price, that does NOT mean that we changed our buy/sell (hodl) strategy in any kind of meaningful way. So in some sense many of us might make a prediction or have a hunch, but we may only play that hunch on the margins,
(snip)
Hodling and accumulating of BTC is likely to be the most profitable in the long run
The alternatives are either tricky/risky (timing the market with any reliability) or a bit more involved (laddered sell/buy on up/down ramps, à la JayJuanGee or jbreher). Of course, it is possible to have some small fraction of "play money" traded on margin just to see how it works out. It usually doesn't work out right, but it depends on more than one factor. |
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Bitstamps pumped back up to $13000!
Maybe I missed my chance to panic sell at the bottom.
Is it time to ask who sold at the bottom yet?
Tsk tsk. Don't mess with the officials! It's not upon you - or me - to ask such questions. Tsk tsk, the disrespect!  |
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Interesting that the majority feels price will be at 20-22k by the 31st....
You can only vote once. I'm sure the sentiment has been revised in the meantime. Myself, I would have voted 22-24 if that option hadn't been left out. Short term timing is tricky. If we were right about that all the time, we would already be all millionaires. Which only 10-20% of us are, instead |
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Why does nipple even need discussing.
Unfortunately it appears it doesn't. All the boob pics on ATHs are nippleless  |
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The supply stands at 100 billion: more cannot be made. But the circulating supply increases, due to Ripple Inc holding on to about 60 billion XRP at this point (which are placed in escrow by the way, and only gets released in small batches). Ripple uses this 'war chest' of XRP to attract new partners, all of which that buy it are restricted it dumping it on the market as well.
Good. So it means we'll never see a massive XRP dump. Right? Then you can sleep at night. The big irony of some of you oldtime Bitcoiners is that you just cannot see what is unfolding in front of your very eyes, that being that BTC is actually at this point more centralized than Ripple.
Hello, Roach? Is that you? Ah, no. Uh, sorry. So please tell this guy that nothing like a decentralized digital asset can ever exist, so the point is moot. Besides, I'm sure he's a Jew. @ParabellumLite: Beware of the dogs. |
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The supply stands at 100 billion: more cannot be made. But the circulating supply increases, due to Ripple Inc holding on to about 60 billion XRP at this point (which are placed in escrow by the way, and only gets released in small batches). Ripple uses this 'war chest' of XRP to attract new partners, all of which that buy it are restricted it dumping it on the market as well. I do remark on that, as there is some kind of 'idea' - a poor one that is - within this community that Ripple can just nuke the market at once. Anyone that even followed the company longer than a day knows that would run counter to everything it stands for, but since most people here haven't even read more than a tweet about Ripple I will suffice by saying that much. Ripple is actually quite decentralized nowadays. You can inform yourself here: https://ripple.com/dev-blog/decentralization-strategy-update/ And now to totally piss you off: what do you think about this: https://i.imgur.com/UMosX0E.png ? Is this 'not' centralized? The big irony of some of you oldtime Bitcoiners is that you just cannot see what is unfolding in front of your very eyes, that being that BTC is actually at this point more centralized than Ripple. Good luck defending the opposite point of view. How does one become a "trusted" validator? Appears to me their decentralization strategy is like an aristocracy becoming more decentralized by the King/Queen knighting a few more people.  This. You see, ParabellumLite, this is what we mean when we say it's a bankster's scam. We like it trustless. Repeat slowly: T R U S T L E S S. |
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We'll be liberated after our customary "Who sold at the bottom?" post.
The official appointed issuer of the above mentioned post can party wildly during New Year celebrations.
We are patient and can wait until January.
Chill out, guys, this is nothing.
Accumulate FFS.
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The way I see it, it's just someone playing the markets with skill and good execution. End of year, some cashing out, little liquidity around. Perfect timing. This might well be Masterluc's expected dip to 10k. Come 2018, I expect a significant retrace. End of January, I expect ATH-fest. February, we'll be in Carolina.
And the Ripple thingy - I like Torque's hunch. BTW Torque, it was in someone else's dream before you spelled it out plainly. Can't remember who the other poster was. Anyway, Ripple is a premined uncapped banking scam. We all know what it's ultimately worth. Wanna profit on it? Be quick and get out. Hold at your own risk.
C'mon guys, we've seen worse. I know I have, and some of you have been in the game longer than I. So stop whining and accumulate FFS!
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There is absolutely zero retail demand for "Ripple". No random joes off the street are opening Coinbase accounts to buy Ripple.
I see you can be right too at times. It's a good sign. Happy 2018! |
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Reading all these comments here again about Ripple, and again the conclusion is the same: this is the valley of the clueless. Clueless indeed. We didn't hear or read about the change of paradigm: burning of the premined coins and zero-knowledge induced decentralization (the technical details about this zero-knowledge thingy to decentralize ripple were a bit too complicated for me). Dimon also said it's perfectly ok and not a scam. We only missed it. Thanks for the heads up! |
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Sorry for posting way off topic this morning, I was in panic mode. I know you guys are always on here, and I appreciate your help. Looks like I actually got my coins back now. (mind blown) I got on this morning to send a transaction, I was watching it on the blockchain, 2 hours later. A separate transaction appeared sending my remaining coins to unknown address. Which turns out, is one of my own hidden addresses. I know change can be sent back to hidden addresses, my understanding is it's always in the same Transaction ID though. This transaction shows on the blockchain with it's own ID but doesn't show in my wallet.
That's the first time I've ever seen a backdoor virus detected on this pc and I definitely did not turn defender off myself. Maybe that's just a coincidence and it was leading to draw the wrong conclusions. I dunno. I did a format and reinstall of windows 3 days ago because windows was reporting corrupt system files when trying to update. I've only installed programs I consider trustworthy since, so I'm really surprised to find a backdoor got on here. Anyway, think I'm going to take a nap when my blood pressure returns to normal.
Thank fuck for that. Get yourself a linux partition to start with. Also, you could keep the wallets cold ("watch-only" in Electrum). When you need to move something, sign your transaction on an offline machine, then broadcast them from a live (connected) wallet. But I guess you already know about that. |
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Sorry for posting way off topic this morning, I was in panic mode. I know you guys are always on here, and I appreciate your help. Looks like I actually got my coins back now. (mind blown) I got on this morning to send a transaction, I was watching it on the blockchain, 2 hours later. A separate transaction appeared sending my remaining coins to unknown address. Which turns out, is one of my own hidden addresses. I know change can be sent back to hidden addresses, my understanding is it's always in the same Transaction ID though. This transaction shows on the blockchain with it's own ID but doesn't show in my wallet.
That's the first time I've ever seen a backdoor virus detected on this pc and I definitely did not turn defender off myself. Maybe that's just a coincidence and it was leading to draw the wrong conclusions. I dunno. I did a format and reinstall of windows 3 days ago because windows was reporting corrupt system files when trying to update. I've only installed programs I consider trustworthy since, so I'm really surprised to find a backdoor got on here. Anyway, think I'm going to take a nap when my blood pressure returns to normal.
Wheeeew!!! Some celebration is in order, methinks. Pull out the good stuff!  |
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He got a confirm. 45k lost. Sorry for you, man. It will happen again, several times over. Hope it's just a dent in your hold. We would really be interested if you could share some details on how you think the thief got to the keys. |
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