I think I'll short a bit this one... |
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Looks like someone really believes amazon is going to throw the bomb in today...
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Trying to insult bitcoin by calling it S1X isn't gonna change anything.
These stupid assorted monikers are reserved for garbage alts and forkcoin attacks.
Bitcoin is called bitcoin whether you like it or not.
Actually, this is a good point orpington.. There is a frequent ongoing campaign from bitcoin deniers and bitcoin attackers to attempt to denigrate bitcoin and to attempt to cause their alt coin propaganda to be some kind of bitcoin equivalent by renaming bitcoin.. They do this over and over and over hoping that their nonsense nomenclature will sink in and either confuse people regarding the real bitcoin or to increase the stature of their attack (or alt coin) This has proven that every random person with enough miner support can turn up and call their fork an update... If we think these guys are a problem, it will be much worse once the big corps join the BTC train, it will take someone with bad intentions and lots of $$$ no time to corrupt the right people |
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But instead of going into the coffin it got to $6K.
Speaking of which, looks like we are back to 5.7k$5.6k$ Let's hope it holds - something tells me people will stick around until the next fork **Mental note: mentioning real time price is bad luck |
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via: GYFT , EGIFTER ===> YOU CAN ALREADY BUY SHIT OFF AMAZON  lol weee I think its all about setting a direction and the others will follow! right now we use workarounds... |
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Stock picker who predicted $5,000 bitcoin says it's on track to top Apple's market cap https://www.cnbc.com/2017/10/24/bitcoin-market-cap-to-overtake-apple-in-five-years-analyst.html- Bitcoin's market value will catch up with Apple in five years, according to a bitcoin proponent
- Ronnie Moas from Standpoint Research told CNBC that bitcoin's price could jump to $50,000 in the next decade
- He argued that critics of bitcoin are heavily invested in U.S. banks that are being directly threatened by the cryptocurrency
Meaning that apple will release iphones so crappy that will send the stock down to 100 bn?  I think they are on track with the target XD |
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Here's 6k   |
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So I guess you are out and on the sideline then?
I'm in cash only with my trading stash (5% of my savings -who are still in BTC). I won't pick any bottom higher that 4K. Is not a little high? maybe low 3000s is a better target: https://www.tradingview.com/i/ep3NGzgD/Good luck with that. I have not yet seen the trend change, merely because we are pausing at the top for a while.... That is not unusual and does not necessitate any kind of significant correction of 40% or 50%, even though one may come, but 20% would be more reasonable, ... even though in the end, anything is fair game in bitcoinlandia... . the guy doing the chart has been calling a short since the past 2 months. Then again he might be right, they say a broken clock is right twice a day... |
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bitcoin gold (btg)Will create problems to bitcoin (btc)
Go on then, I'll bite, what problems, explain pls? if you have bitcoin sell it now .. that wht i can say to you ; mate I wouldn't expect too much if anything below 5k... Defo expect a dump after BTG is forked. If anything this BTG will be a great edge when miners want to take over... Edit: I am shorting just to make up some of the hodling money I lose, and now I am losing money shorting and losing money hodling! Awesome XD |
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So...Set aside 2014, the lowest growth year would easily outpace most nasdaq longs (even a 0.09% daily growth is 33% yearly...during a bearish period!)
I think most investors would be very happy to long with a 0.22% daily growth
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Not that I care, but since we are OT I might just troll a bit.
I like how people use fascism as an alternative to nazism (I guess it is more of a mouthfull), though most are probably unable to tell the difference between the two.
That is not to say it wasn't an oppressive regime, but well, was definitely not what most people think. I don't see fascism (and I mean fascism per se, not what nazism wanted fascism to do) as particularly evil when compared to certain communist regimes (Castro or Stalin).
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Why are people dumping before the Oct. 25 fork  Because nobody gives a flying fuck about Bitcoin Gold. Actually, some of us actually could give two fucks. But that's about it.  I know futures are what they are, but the thing is probably less shitty than we expect... https://bleutrade.com/exchange/BTG/BTC -> 0.05 BTC That is worth a few fucks if it keeps the price Daily Volume is 0.88 BTC, don't hold your breath  True that... But that is the closest thing we have to an estimate for now I guess :/ |
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Why are people dumping before the Oct. 25 fork Because nobody gives a flying fuck about Bitcoin Gold. Actually, some of us actually could give two fucks. But that's about it. I know futures are what they are, but the thing is probably less shitty than we expect... https://bleutrade.com/exchange/BTG/BTC -> 0.05 BTC That is worth a few fucks if it keeps the price |
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I hold 15% eth and I am currently struggling given the lack of answers on one topic: how many tokens will there be available?
It seems they have this kind of mentality where price does not really matter, which is one problem I have (if you invest and lose 70% because of bad decisions from their side, at least the community is quite upfront about the fact that they dont care).
So they say it is going to be more or less 100Mln coins available. They always state "roughly" because they are not really sure. They also expect "roughly" a 3% annual growth (let's say, 3 mln token every year) because some coins will get dumped (3 mln a year of dumped coins seems a bit too much to me...).
I am really scared in 10 years there will be as many eths as ripples... Pity because I really like the project
On the other hand PoS might improve the thing if you believe so, but I am starting to doubt PoS will be as profitable as they say:
- they either create more money and increase inflation for more than 3% to pay people
- PoS will be paid mainly on transactions, which divided by everybody (because having no need for a rig means almost everybody will try to gain from PoS and you won't be even able to repay for the inflation)
Just my thought as a post some time ago made me dig deeper into this... But maybe they will get hold of the economics, so if you are willing to bet on it...
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It seems like we are touching the top, which is worrying me a bit... The chart you posted is not using a log scale (It took me a while to figure out why the dip initially), which means that we are having a peak earlier than the previous peak, if you see what I mean. The past two peaks did follow a log trendline, not to mention that the past crash was probably due to china.
Maybe we are getting more crashes but less severe... At least I hope. On a log scale, I expected the top to be ~7k
I agree with the 7k top. I think we could be here (orange circle) and a further bump is coming. What happens then is anyone's guess but unless there is another china ban type scenario, i wouldn't expect a similar drop. There has been a shitload of media coverage over the weekend. Just saw a panel discuss bitcoin on bloomberg for about 40 minutes. 3 guests and the interviewer and all were positive BTC. Also its Sunday and there is $80 million buy orders on stamp.  Makes sense... thanks! |
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It seems like we are touching the top, which is worrying me a bit... The chart you posted is not using a log scale (It took me a while to figure out why the dip initially), which means that we are having a peak earlier than the previous peak, if you see what I mean. The past two peaks did follow a log trendline, not to mention that the past crash was probably due to china. Maybe we are getting more crashes but less severe... At least I hope. On a log scale, I expected the top to be ~7k |
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I think the same, but if we are looking for an S adoption curve, then I would expect BTC to break through the top. At the same time I see big players using it as a last chance to get in cheap so... we'll see! |
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For those who believe in the TD count, we just got a 9 on the 4 hours chart
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