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101  Economy / Speculation / Re: Bitcoin Must Crash - $7500 Is The Peak on: November 10, 2017, 02:03:40 PM
We are all waiting the time when we'll pay everything with bitcoin with ease, there's no sense in changing back bitcoin to fiat.

Pork belly will probably pump next years, but is difficult to store and it stinks, and if you try to send it by mail regulators will stop it.
Bitcoin will never and can never replace fiat:
One of the quality needed for a token to be money is that the total supply is evenly distributed among the population. Even though Bill Gates's wealth is into the billions, his personal holding of cash USD is only an miniscule  part of the total US money supply. But Bitcoin is not distributed throughout the world's population and so can never serve as money.

Bitcoin may only be a medium of speculation:
Bitcoin will only ensure more wealth transfer from the bottom 99% to the top 1%

By definition, the world of speculation means the bottom 95% of small investor will always suffer lost. In the current rally to above USD7500, these 95% will never ultimately be sitting happily with their "profits" riding the wave upwards. By definition, the correction would be a bloody for the 95%.     

It is a myth that Bitcoin is anyway near being "money". Most bitcoin enthusiasts believe fervently that we have found "the money that...bankers cannot touch" and which is the very answer and antidote for fiat money - it is not.
      Bitcoin for buy and hold is only self-delusion. The 21 millions of BTC can never be evenly distributed among the 7.6 billion of the worlds population.
 
Just this alone will ensure that Bitcoin will offer no economic benefit  to the world.


Your analysis are not suited for bitcoin. Bitcoin breaks every foundation of stocks trading.
102  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2017, 05:37:27 AM
I thought that BTG is going to be priced more like LTC (around $50), when in fact the actual trading looks more like ETH (around $250~$300).  This means that with a pre-mine of around 200K BTG by the developer, they have basically netted 50~60 million bucks!  This is all done without needing the like of Roger Ver, Jihan, or the "mysterious miner" who mined at $10 million+ losses cumulative.  

Actually I can already imagine the look of Jihan Wu when his "buddy" Jack Liao pull this off and have BTG traded above BCH price.  This also implies that everyone will see the opportunity in the new "forking" ICO.   That is, instead of doing ERC20 token on ETH platform, now you can just do "fork ICO" on BTC chain, pre-mine and net yourself a cool 50 million bucks, which is more than most of those useless ICO /pump-dump can ever hope to achieve.  

This will be the new trend. We will see BTC fork with ether algo.  Huh
103  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2017, 05:21:21 AM
People with influence. I suspect Jamie Dimon and some others shilling bitcoin are heavily invested. Expect some funny interviews and news coming from them after they sold their holdings with a nice profit.

That's how I do it. But Im not big. If I have that same kind of purchasing power I will not just shill after taking profit. I will grant interviews, go to conferences, and make it look bad.
Then catch knives. They can take knives and dont even bend. Then push it back up again then say something good. something like its the future. then repeat.

LOL.

Once is enough, twice is too much...
104  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2017, 05:07:36 AM
Nice to be back on btc after pushing some alts. this is fun. $6500 here we go.
105  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine on: October 14, 2017, 10:54:01 AM
Looks like someone is disposing his stash. I might as well dispose mine.
Its a waste investing BTC and time on this one.

Big mistake on me.
106  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine on: October 13, 2017, 10:57:34 AM
Attack Signatum saying the truth is not an attacking - i dont advise ppl- i just post what i saw myself inside your scam coin project
Attack me personally u use words like fuck you, ass , shit and whatever - if i read my posts there is no attack
Attack my education what education? obviously there is none
Attack my language yours is not a known one, at least not a language i have heard of, maybe they know it in the streets of chicago..
Attack members of the community without justification attacked who? u guys flame like hell, use bad words- i didnt attack any of you
i even admitted its not sonnys fault, and there are guys working on something, but since they are leftover by the scammer devs they cant do anything
its not the communitys fault, but to follow a con man and still praise him is not the way to go.

This thread is shutting down in the next couple of days anyway!

-YES it is shutting down because signatum is shutting down.

SIGT / BTC Last: 0.00000270

What do you mean shutting down? I have significant amount of this coin.
107  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [POW+POS][VCP] Volpcoin Protocol| X14 HBE -Hybrid BTC / ETHER on: October 10, 2017, 02:35:56 PM
skunk raptor algo. you can use your signatum miner

because signatum is dead here goes another attempt
108  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2017, 12:12:23 AM
Breaking News:

Even Cristiano Ronaldo is now mining crypto currencies !!!!

Just visit http://www.cristianoronaldo.com/ and pay attention to your cpu workload.




ROFL.

highly doubt Renaldeo (or wtf his name is) knows how to code miner infected web page script.
more than likely his  IT team stealing Monero (wild guess) cpu cycles  from the less than intelligent fan base .
sneaky little bastards! ..
 
hmmmm...    well goddamn thats ingenious! I gotta get me a website like that!

Just add adblocker.
109  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2017, 12:02:08 AM
Wow. This is a good problem. I sold at $4300 and plan to buy back at lower price but look. BTC is holding. Congrats to all of us.  Smiley

What you gonna do?

Better buy back in soon!

I'll let it sit there for a while(a month) and if BTC goes parabolic i'll move it to tether-alts pair then go back to btc. 160btc is not big.

Buying back to btc is a no-go. Its a straight loss on you.
But still congrats to all. BTC support is slightly stronger this time. I assume not just one big buyer/dumper controlling the market. Maybe more like me, small in amount but several or more of active buyers/traders.

happy Hodling.  Grin
110  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POW] [MSR] Masari - private, untraceable, and fungible cryptocurrency on: October 05, 2017, 10:56:08 PM
Good. Perhaps you know a thing or two.  Smiley

Dev don't know shit.
Some guy on slack had to spoon-feed this bloody noob for days until he got it.
Instead of acknowledging the problem and working on a solution dev got cocky like a triggered snowflake.


I have to join slack.

You should give the developer time to react. It will not be a right away solution but definitely a something must be done and he did.
If someone spoon-fed him, well, thank you to that someone. May be dev can say thank you as well to finish this non-sense.

My view about it, The dev wants to do it right away but hesitating until he found a good solution done by others(or spoon-fed by others).
Hope this fix address the inability of cryptonote algorithm to adjust to sudden big hash.

Good luck to your coin
111  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 05, 2017, 01:20:09 PM
Wow. This is a good problem. I sold at $4300 and plan to buy back at lower price but look. BTC is holding. Congrats to all of us.  Smiley
112  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POW] [MSR] Masari - private, untraceable, and fungible cryptocurrency on: October 05, 2017, 10:44:24 AM
http://puu.sh/xPMOH/0cb7037f37.png
Someone keeps making the hash rate and difficulty skyrocket.  Undecided

This is just a guess
, but I think they're exploiting the lag in Masari's re-target time.  If you make a huge spike of hash for a little bit, you will get blocks very fast because the difficulty won't rise right away.  Then, once it is risen, you pull your hash and let other people mine on high difficulty for very slow blocktimes, until diff comes back down.  Then you repeat.

was miming this and riding the difficulty downtrend, then someone sent ridiculous amount of hashrate, I pulled my miner for now until difficulty is normal.

Hi dev, you might want to address this exploit issue as it can drive miners away. there was 26+ miners before now its down to 13.

Looks like dev dont know what he is doing. This shit will get palyed. If he no smart then this is shit worth nothing. Dev do the right thing and change change what is needed. Or you dont know a thing?
Make your coin stronger. Protect it from bad actors/players/shitters/hash-jumpers/space travellers.

Maybe you dont care because you already have the biggest coin collection.



I have released a mandatory upgrade version v0.1.2.0, containing a protocol upgrade that changes the difficulty algorithm to handle these flash miners.

https://github.com/masari-project/masari/releases/tag/v0.1.2.0
Linux binaries: https://github.com/masari-project/masari/releases/download/v0.1.2.0/masari-linux-x64-v0.1.2.0.tar.gz

Windows and Mac binaries will be available tomorrow, and this is released early with Linux binaries to protect the exchanges and the pools involved

Everybody please update ASAP, as this hard fork could be due much sooner with the flash mining at play!

Good. Perhaps you know a thing or two.  Smiley
113  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Iridium - People are Power - PoW - No Premine - Community Built on: October 05, 2017, 10:32:12 AM
Buying 50k @100sats.
114  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 05, 2017, 08:03:43 AM
Sounds like he has a dollars extractions strategy. I'm intrigued.

Make your bot tally buy and sell only. Just the simple buy and sell. Also factor in the time those buys and sells came in. Not the complicated real stocks analysis. Those never work in BTC.
A big traffic light app notifies me when its a go, slow down or stop.
115  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 05, 2017, 07:50:57 AM
Aww man, I hope we don't drop below $4k again. I'll have a sad then Sad

I believe that there is some support at $4k, but I doubt that such support is really strong.. but what do I know?

I would suspect that support in the $3500 to $3600 arena would be pretty strong  - yet if that $3500 t0 $3600 support does not hold, then we will be testing $3k, again... that should surely be the bottom - and a double bottom at that... but I would still put getting down to $3k at less than 35% chance.. which is reasonable, but not super strong from my current perspective.

I think that we have greater than 50% odds of testing resistance and even breaking above $5k resistance before mid- November; however, if we break below $3k, then I will certainly be reassessing my current tentative thinking on the matter.

I have over 500k worth of tether spread on three exchanges waiting at that level. Grin

Well, I hope that you are not playing only one direction, because as you may have noticed I have described odds for up and odds for down, so to me it seems quite risky if you were only betting one direction.

By the way, what level are you betting?  $3500-$3600 or a more risky bet of $3k?

Also, kind of on the same point, if I were to have $500k available for buying down to $3k, for example, then that would probably mean that I have more than $800k in cash available for possibly buying down to $1k - even though I am pretty doubtful that we would get much below $2200.. ... Furthermore, I would have well over 1,000 in bitcoins too.. (which is currently valued at over $4million)...

So, what I am saying is that you seem to be betting one direction because it does not seem that you have that many bitcoin investment assets in total, other wise you would not be talking about the $500k worth of tether rather than describing the other side of the ledger, and in that regard, you seem to be poorly hedged for both directions... actually, even a 50/50 hedge would mean that you better have at least 200 bitcoins (besides your cash holdings), at these prices....

I am at $3400-$3600. That came from the 132 btc I sold last time at $4700 level first week of Sept, Cash out 100k+. Bought back 160btc at $3100, then sold at $4300 3days ago then cash-out excess of 500k. of course I pull them out when avalanche is incoming.

Apparently you have a balls to the walls system that works. I have no idea how to predict either price direction, so I just play both, and I don't make as much money, but I am surely comfortable with my strategy and my strategy seems to pay off pretty well, too.

I suspect that if the market is not going your direction, then you either have a stop loss or a buy back point, too.... so hopefully your bitcoin building strategy continues to work for you.

Historically, when newbies come into this thread bragging about their balls to the walls strategy, they are not really sharing all of the facts and frequently it is difficult to determine the extent of their truthfulness (and whether they are trying to entice people or to talk their book - same idea, and forms of trolling), besides that they want to brag their good plays..  and hopefully they understand the odds of Martingale principles.

Just got lucky. When buying slows down, that's when I immediately sell. Or when dumping slows down, you buy.
116  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 05, 2017, 07:34:52 AM
Aww man, I hope we don't drop below $4k again. I'll have a sad then Sad

I believe that there is some support at $4k, but I doubt that such support is really strong.. but what do I know?

I would suspect that support in the $3500 to $3600 arena would be pretty strong  - yet if that $3500 t0 $3600 support does not hold, then we will be testing $3k, again... that should surely be the bottom - and a double bottom at that... but I would still put getting down to $3k at less than 35% chance.. which is reasonable, but not super strong from my current perspective.

I think that we have greater than 50% odds of testing resistance and even breaking above $5k resistance before mid- November; however, if we break below $3k, then I will certainly be reassessing my current tentative thinking on the matter.

I have over 500k worth of tether spread on three exchanges waiting at that level. Grin

Well, I hope that you are not playing only one direction, because as you may have noticed I have described odds for up and odds for down, so to me it seems quite risky if you were only betting one direction.

By the way, what level are you betting?  $3500-$3600 or a more risky bet of $3k?

Also, kind of on the same point, if I were to have $500k available for buying down to $3k, for example, then that would probably mean that I have more than $800k in cash available for possibly buying down to $1k - even though I am pretty doubtful that we would get much below $2200.. ... Furthermore, I would have well over 1,000 in bitcoins too.. (which is currently valued at over $4million)...

So, what I am saying is that you seem to be betting one direction because it does not seem that you have that many bitcoin investment assets in total, other wise you would not be talking about the $500k worth of tether rather than describing the other side of the ledger, and in that regard, you seem to be poorly hedged for both directions... actually, even a 50/50 hedge would mean that you better have at least 200 bitcoins (besides your cash holdings), at these prices....

I am at $3400-$3600. That came from the 132 btc I sold last time at $4700 level first week of Sept, Cash out 100k+. Bought back 160btc at $3100, then sold at $4300 3days ago then cash-out excess of 500k. of course I pull them out when avalanche is incoming.
117  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 05, 2017, 06:52:16 AM
Aww man, I hope we don't drop below $4k again. I'll have a sad then Sad

I believe that there is some support at $4k, but I doubt that such support is really strong.. but what do I know?

I would suspect that support in the $3500 to $3600 arena would be pretty strong  - yet if that $3500 t0 $3600 support does not hold, then we will be testing $3k, again... that should surely be the bottom - and a double bottom at that... but I would still put getting down to $3k at less than 35% chance.. which is reasonable, but not super strong from my current perspective.

I think that we have greater than 50% odds of testing resistance and even breaking above $5k resistance before mid- November; however, if we break below $3k, then I will certainly be reassessing my current tentative thinking on the matter.

I have over 500k worth of tether spread on three exchanges waiting at that level. Grin
118  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin cash or Bitcoin gold? on: October 05, 2017, 06:45:27 AM
Which of these two is going to fetch higher prices? What do you guys think?
BCC has failed to get high enough to be called a real contender. Will the new one beat it and get closer to dethroning the king?

BCC was a total failure, thanks to the chinese market manipulators, it still have a value. Otherwise it would die instantly in 3-4 days. Bitcoin gold will be more stronger probably because it's an hard fork. This can bring another adventure to the market, but I don't think it will be threat for BTC!

BCC will fail. BCC price driving force is in China. They did not anticipate that their government will pull the plug on them. Bitcoin gold might have a better future.
119  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POW] [MSR] Masari - private, untraceable, and fungible cryptocurrency on: October 05, 2017, 06:36:05 AM
http://puu.sh/xPMOH/0cb7037f37.png
Someone keeps making the hash rate and difficulty skyrocket.  Undecided

This is just a guess
, but I think they're exploiting the lag in Masari's re-target time.  If you make a huge spike of hash for a little bit, you will get blocks very fast because the difficulty won't rise right away.  Then, once it is risen, you pull your hash and let other people mine on high difficulty for very slow blocktimes, until diff comes back down.  Then you repeat.

was miming this and riding the difficulty downtrend, then someone sent ridiculous amount of hashrate, I pulled my miner for now until difficulty is normal.

Hi dev, you might want to address this exploit issue as it can drive miners away. there was 26+ miners before now its down to 13.

Looks like dev dont know what he is doing. This shit will get palyed. If he no smart then this is shit worth nothing. Dev do the right thing and change change what is needed. Or you dont know a thing?
Make your coin stronger. Protect it from bad actors/players/shitters/hash-jumpers/space travellers.

Maybe you dont care because you already have the biggest coin collection.

120  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Iridium - People are Power - PoW - No Premine - Community Built on: October 05, 2017, 06:28:21 AM
Pm me. Buying 20k @ 100sats each.
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