so jbreher is censored but ruphej is allowed to post less than zero value annoyances every other post...makes total sense  If the small block argument is so weak that it can't withstand some erudite scrutiny perhaps I need to look elsewhere for the truth. jbreher is actively trying to destroy bitcoin. ruphej is annoying, but mostly harmless so far. I've already deleted more of his posts than jbreher's though. There are plenty of resources out there to educate yourself about the big block vs. small block debate. Although I agree that jbreher was responding how and when he liked if put on a corner, I would have expected a warning shot before the kill! |
|
|
|
|
I think last week was a lot different as people were panic selling and some fell for the BCH propaganda...
Plus, the mempool was a disaster
This weekend all in all I think BTC is doing well, some people still trying to speculate, but don't think we will see any major drop; last week by now it was already pretty high
|
|
|
|
|
Just got a nice 15% out of BCH
Guerrilla trading... Get in, take Roger's money and leave asap!
|
|
|
|
Shorting bitcoin is a good path to rektage! |
|
|
|
Meh in a few hours Koreans with strange business acumen will come along and they will not wait 5 minutes before they sell off all their BTC and dump them in BCH  I am almost tempted to buy some BCH until tomorrow |
|
|
|
|
They can do whatever they want in their speculative cash-settled sandbox, cant see how it will impact btc if not minimally
|
|
|
|
|
This is so stupid I wanted to write a proper reply but don't think its worth it...
OP if you can't figure out where we are in that bubble (futures start december) and the difference with stocks (most of the things in that bubble did not start from 0) I dont know what to say, you should write for marketwatch.
PS: those bubbles were chewing trillions, btc is barely 100bn, even if it falls, its like an ant thurd in comparison
|
|
|
|
any discussion about zimbabwe? saw an article the btc price there really jumped.
All I know is that right now btc would be great there but someone is speculating on top of people selling btcs for a 50% premium. Not quite what I'd like to see when I hope btc is reaching overinflated countries |
|
|
|
|
Gotta give it to those 3 BCH guys... They are hardened old school hodlers
That thing is not moving below 1200 despite all
|
|
|
|
But I wonder, what do they exactly mean by Bitcoin? With all the forks and especially the VerWuCoin, being so vocal and omnipresent, would that not be a bit confusing for all these
VSP 's?
Nah, Mike N. said his group is getting bitcoin through the Gemini daily auctions. I'm sure that's where a lot of big players likely will go, and the WinkleVii are not auctioning any alts other than ETH. I guess the question is then... Will they add to their hedge fund futures or actual bitcoins? :/ If the former, we actually do not care We do care because there will be arbitrage between the derivative contracts and actual bitcoin which should keep the prices closely aligned. That is just the difference tho  Assuming that also is not cash settled |
|
|
|
BCH would have been better if it forked with it's own address format, it's own PoW, ... but no, they didn't.
Reason is simple. The purpose of the fork is not to make a better bitcoin. The purpose is to cripple bitcoin. Why would we want to cripple the thing that made us serious coin? Back when I first wired funds to mtgox it took days... And a 35$ wire transfer fee ! That's what Bitcoin has become... Bitcoin is NOT what it was...The truth is Bitcoin can't handle the volume of mass adoption and other alt coins have filled the gap! Truth hurts! Fast transactions with low fees is what ppl want. It's not personal it's just business  You should have forked release 0.3.21 then |
|
|
|
But I wonder, what do they exactly mean by Bitcoin? With all the forks and especially the VerWuCoin, being so vocal and omnipresent, would that not be a bit confusing for all these
VSP 's?
Nah, Mike N. said his group is getting bitcoin through the Gemini daily auctions. I'm sure that's where a lot of big players likely will go, and the WinkleVii are not auctioning any alts other than ETH. I guess the question is then... Will they add to their hedge fund futures or actual bitcoins? :/ If the former, we actually do not care |
|
|
|
|
I am seriously impressed that despite the FUD and the attacks last weekend, it didn't go far below 6k. Truely impressive!
Let's hope it holds
|
|
|
|
True, but if the BCH camp manage to pump BCH high enough to incentivise enough miners to mine it, the damage that could do to BTC could be a real problem. I expect that some of the big money wanting to get into Bitcoin for the long run would like for this to happen so that they could buy into a prolonged BTC bear market reaching down well below $5k, whereas others would rather get in before the end of 2017 for a more immediate rise to $10k-$20k.
Of course BTC wins long term, but whether we have to suffer another multi-year bear winter or not before hitting $20k is still unclear. I only hope that the battle for big money getting in inevitably results in a big money FOMO movement
Yes... transaction time will be the biggest risk. But BTC can definitely no longer afford to have a long 'winter' - if it does right now its dead. Even if BCH dies, regardless, money will flow back to gold/stocks and the credibility is lost forever, I don't think we will see 20k in bitcoin at that point - it will probably be remembered as atari when people will play with the new nintendo coin after a long time. |
|
|
|
That's some nice news, but it doesn't change the hypothesis. Also, it suggests that if he did allot of the buying, that there might still be a allot of money still left on the sidelines waiting for one more lower dip. If it were to happen, I'd consider it more bullish for the long term, of never returning to these levels of cheap BTC.
Roger does not have enough money to influence BTC, and BTC market cap is too large. Its a lot easier with some financial backup to create peaks in BCH than in BTC given their market cap. BTC has too many good news on the way, I think BCH has nothing more than a bunch of crazies to control it; institutions are struggling already with BTC, do you really think they will put their money on a coin controlled by people with such a track record? The only argument you can make here is that BCH is funded by big financial institutions trying to control BTC, but if that was the case, I think BTC would be dead already |
|
|
|
I've noticed something alarming about this BCH influenced BTC crash/correction
Has anyone noticed that the very rapid drop and resultant rebound didn't get the chance to actually test support at $5k? I can't help but think that this might be a deliberate attempt of Roger Ver and co, to ensure that Bitcoin then carries on up to new all time highs, having not tested support since $1300. They'll back off now, and let the BTC community think that BCH has failed, ensuring that $5k doesn't get properly tested.
This might result in an inevitable retrace/crash back to $1300, which would be when he could pump BCH again to cause a real 'flipenning'.
So basically, PLEASE SELL!!
Here's your answer on who stopped the dip, dont panic http://www.zerohedge.com/news/2017-11-13/mysterious-bitcoin-dip-buyer-identified |
|
|
|
Nobody in their right mind will invest in altcash shitcoin that is forked every other day. People that buy it are speculators trying to play pump and dumps. They'll be the first to abandon the sinking ship at the first sign that Ver and Wu run out of bitcoins. Slower bitcoin blocks = less bitcoins to sell. Everything is self-regulating and the final outcome will be altcash fiasco.
You are wrong about this, it's not necessary that big holders sell their stash to crash them, it's enough that they are left with not enough BTC to defend the current high price of BCH that they have to mine BTC. That's the curse of their position. This is not going to be the game where few big moves decide the outcome, this will be a game of who can endure longer.
Guys I hope you are right with this, hopefully won't be so long and painful! |
|
|
|
The question I guess is... what happens when BCH is profitable again (soon) Miners switch back over obviously. The real question is what we wanna do about it, if anything. Would have been awesome to hear from some core dev, but so far total silence... This is not going to look great in a possible ETF prospect It's easy to guess - miners switching to it that very second. The only defense against this cancer is not letting it be profitable by dumping every possible BCH back to the bagholders. They can't have enough BTC to defend BCH forever, they have to mine BTC if they want to protect their coin.
The more BCH raises, the less people will sell I am afraid. That is unless big holders sell their stash but I have seen a lot of fence sitting lately |
|
|
|
Any thoughts on how high the next BCH rally will go? I'm thinking we might hit 0.8 temporarily, and then crash. I don't think we'll spike above 1.0 on the next wave. At this stage, I think anything over 0.4 is a good place to take profits.
 Just as an addendum to your work of art, I permit myself to note also the middle finger formation given by the initial bump in the chart. |
|
|
|
No supersonic spikes in "blocks found per hour". [/quote] ...Yet They might fork their altcash everyday to reduce the difficulty. That doesn't matter. Only thing that matters is how many bitcoins do they have to sell and pay miners that mine altcash. The higher is altcash price the faster they bleed bitcoins. Just sit back and relax and watch how they commit suicide.
Good point! The problem I see here is that they are fueled by BTC 'leaks', so we can possibly pay their miners indefinitely with enough weak hands on our side Miners have already eaten through insanely high transaction fees, now are those < 50 s/B in order to be processed and in a few days we should be back to normal fees teritory.
The question I guess is... what happens when BCH is profitable again (soon) |
|
|
|
|
Show Posts
