I think Friday was catalyzed by some kind of failure with the Bitfinex trading engine so it's hard to match that kind of momentum without that still going on.
That doesn't make much sense. How so exactly? He wants to avoid the elephant in the room that doesn’t support his argument. FWIW he’s a good poster and I respect him but I think he’s running away from the Friday issue. And that is we took a beating on Friday but the market didn’t blink. How is he a good poster, he failed every single prediction  At least jbreher doesn't make predictions like that, his posts are far more helpful |
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From my understanding we only enter bear markets if it goes below 10k on our weekly candle (it is over Sunday).
I would feel fairly optimistic if bitcoin wasn't so bloody unpredictable (no relax this weekend either I guess)!
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If you think liquidity is an issue now. Just wait until the big boys start to realize they need to balance their holdings with actual BTC so that they can play in the market. All other alts will benefit.
The big boys just want to short it to the ground, to keep their status quo. They will pump it, of course, but the dumps will be even worse. Get used to it, this will be normal now. Do you think they want a rich Earth, where the work is done by robots and everybody lives in comfort? Thats a programmer pipe dream. They can mostly manipulate from 10k up... before the futures were not announced. Many bought the dip now, so if they want to manipulate the market again, they need to spend more (plus, we will become more prepared as they continue to do so) Maybe some hodlers fail to hodl at 10k, but let's wait and see |
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A few weeks ago we didn't even think 14k was a possibility this year and now everybody is sad? :/
Too many good news coming to drag us down
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ripple passed bcash XD... either they are stashing all the last bch pump money there before another blow or btc money are going there during the drop not to pump bch...
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lol... roger ver has insider trading, we have ML! He predicted this correction...
I just hope we wont go to 10k like he says, though I am not panicing as he expects 100k next XD
I think ten grand is in the bag pretty much. It's not looking too enthusiastic at present and it's not that much further to fall really. Sad for peak buyers but if it continues to play out as predicted then they won't be sad again some day. Its obvious that the big guys want to make the most money before we shoot high at the expense of late comers. Let's see... |
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lol... roger ver has insider trading, we have ML! He predicted this correction...
I just hope we wont go to 10k like he says, though I am not panicing as he expects 100k next XD
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Indeed.
Roger Ver has done a huge amount to further Bitcoin adoption. Perhaps more than anyone else besides Satoshi Nakamoto. He truly loves Bitcoin and wants to see all of the world adopt it. That people now abuse him for trying to fix the problem of high fees and unreliable confirmations is heart-breaking for me.
He is also fucking up with lots of peoples finances just for a stupid block size instead of waiting a little bit for community acceptance (I am sure if he put one fifth of the effort he is putting into shilling BCH, SW2X would have been implemented already in BTC) |
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I have done all this to date as a volunteer because I love bitcoin and hope to see it change the world for the better.
Roger Ver's CV is a lot better  Can't beat some good old jailtime. Seriously!What a noob XD |
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If by "shill" you mean someone who has volunteered thousands of hours and years of my life to help grow Bitcoin into a global peer-to-peer electronic cash system, then here are some of the ways I've "shilled": 1. In 2014, I developed the first ECDSA signing tool capable of signing Bitcoin transactions offline over an air-gap by drawing power from the NFC field [video]. 2. In 2015, I co-founded (and still co-manage) the first peer-reviewed scholarly journal for Bitcoin and blockchain research, Ledger. 3. Also in 2015, I did research to demonstrate that a transaction fee market would exist without a block size limit [ paper] [ video] 4. In 2016, I co-founded Bitcoin Unlimited, which is now a $10 million+ organization that supports Bitcoin research and outreach across the world. 5. Also in 2016, I did research to show that with subchains, bitcoin's transaction capacity could be increased while also providing faster TX verification by miners to users [ paper] [ video] 6. In 2017, I demonstrated a security weakness in segregated witness [ video] 7. Also in 2017, I spearheaded the launch of the $3 million "Gigablock Testnet Initiative" and presented our initial result in Stanford [ video] I have done all this to date as a volunteer because I love bitcoin and hope to see it change the world for the better. Roger Ver's CV is a lot better |
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My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.
you sure your advice isn't coming from an ever so slightly different angle? just curious. I think this is good advice 1 BCH for every 1 BTC. You can be out of the market in a second! I sold a little tiny bit though (like, 1%), just to enjoy the holidays without panic watching blockfolio every 2 secs |
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When is it anticipated that all the bull shit spam transactions will stop? Over 248k unconfirmed transactions is ridiculous, I haven’t checked but I assume a massive % of those are spam.
You should assume never. Bitcoin will always be under attack. But Bitcoin is anti-fragile and attacking it always makes it stronger in the long run. It wouldn't be a bad idea to deploy LN (is it not already running on ltc?) and enforce Segwit... That would also have the side effect of sending bcash to zero! I think it is ridiculous btc is not at least blocking non-sw transactions, coinbase would implement sw in no time |
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I think at this level lots of old hodlers are going to happily retire and new people struggle to fork out money for one btc given the cost. I guess we can stay here for a while, but that is just me
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GDAX: Trading will be enabled on the BCH-USD order book at 11am PST. If significant volatility is observed, GDAX will pause trading. I think they got themselves in some serious trouble, should have done like gemini that dumped the bch to a wallet. Instead, they want to keep the 'instant buy/sell' model having a crap ton of users happy to make some quick money selling bch. Its going to be fun... Always assuming Ver does not have enough money to bail them out :p |
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How the fuck is BCash 9500 on gdax... what a fucking joke.
Wash trading. Just like last time. And the time before. Ah, you can't sell. Coinbase is struggling... Buying is disabled I tried both on the android app and I can't login through web, so I guess whatever we see is completely unreliable |
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...And there I was thinking 'tonight I am finally going to get a good night sleep'
Not!
I might dump everything just so that I can sleep again
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Let them sell, we are going to have a spectacular bounce when this is over |
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ML made a post today saying we are going to have a correction so I sold my trading stash just in case
Good stuff he expects 100k this coming year though!
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