why ETH falls stronger than bitcoin? Competitor's problems should be beneficial, not the other way around
altcoins are correlated to bitcoin, no exceptions. in a bear market, they always fall harder than bitcoin. this makes sense: in a market contraction, higher risk and more speculative assets suffer the most. bitcoin and altcoins aren't competitors. their relationship is symbiotic, really. the rest are not, but the ETH is, it is a contender for the first place https://bitcointalk.org/index.php?topic=428589.msg48412665#msg48412665We're still not past the flippening nonsense!? |
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All I know is I'm gonna start selling everything I own if we get down to $1k.
And when buying? After we hit 10K LoL  Dumbasses gonna dumbass...  |
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Did someone say double digits? Glad I dumped my last ETH weeks ago.  Triggered....  |
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If we see under $3k, its likely to headed for $1300 says Tone Vays. Also bearish as fuck.
I was just listening to him and no disrespect but anyone can get ahead of themselves. He called it himself, RSI as massively oversold. A bear market can have sharp spikes upwards, I wish it was so easy that it just moved in one direction because thats free money right with no worry. "Oversold" just means the trend is strong. Look at RSI against the bull trend last year. "Overbought" didn't mean anything. Price just kept pushing. The same can happen here. On the flip side, I'm noticing a lot of $1,000 and $1,500 calls. People are forecasting carnage worse than 2011. Bears are getting bold. This happens near long term bottoms. A lot of people who predict those kind of prices here are doing it for personal reasons, trying to convince/scare weak hands to sell. People predicting prices that low probably aren’t happy with their bitcoin stash & want it to go that low so they can increase their stash. I wouldn’t trust anybody predicting uber low prices. $1k is the new double digits.... |
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Some quality TA  Very simplistic but I like it better than the chart I saw yesterday about Bitcoin google searches. On a more serious note, I seriously doubt the price will ever go back below 2K, or if it does then I'm afraid it is the end for Bitcoin. For now I am confident it is a good time to buy more coins. It was decent reply up to the "I'm afraid it is the end for Bitcoin" nonsense... Y'all motherfu**ers need Cthulhu! |
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Looks like we're going to hit $4,100
On finex or in real life? |
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We haven't seen the bounce yet.
From 2014 until now i’ve seen at least Six 2x reversals after severe dumping like this.
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Additionally
Do not ignore the altcoin market and its significance in catapulting the price of BTC back in 2017 and soon in 2019-2020. The current capitulation has sent some of the legit alternative blockchain projects to insanely low marketcaps (talking about the sub $15M), so low that people might get FOMO on them once again, generate enough 10-50x returns to create a snowball effect, and contribute to the catalyst of the next crypto bull run in the process.
The altcoin market is here to stay and the hundreds of legit projects of today and tomorrow will continue to create demand and drive the price of BTC up. For the ignorant BTC maximalists: do not underestimate the 47% altcoin market share and the hundreds of thousands of lines of codes that are being written every day to improve the ecosystem.
Altcoins are dying off silently. They have crashed the market with the thousands of ethers collected in first place. There'll be a purge for sure. The next hype cycle might be few years from now. Do not confuse decent altcoins with shit tokens. |
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Inspiration struck again this morning. The muslims have this term, Taqiya. The basic idea is that it ok to lie as long as it promotes the spread of Islam.
One of the differences between K's and r's is that K's are more honest. Cultural pressure over generational periods can result in genetic and behavioral changes in a population, so insofar as lies and honesty are a function of the size of the amygdala, it is possible that Islam has pushed the muslim populations of the world towards more r-based behavior compared to what they could have been, or possibly even compared to what they once were (for example in ancient mesopotatia, the area we today call the middle east).
Thoughts?
I'll leave this one for roach... |
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So what now? ... dead again?  Guess it's time to update the Bitcoin obituaries... |
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$4327
There's nothing like the smell of rekt shorts in the morning.  Sorry Hairy.... |
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No FOMO until 7000 or 8000
this is some weak shit, not impressed.
Looks to me that all those artificial gains from 2016/2017 will be erased
we're going back to 500-600 $
OK M8 Where is the contradiction? No contradiction. It's just a 'no bears allowed day', that's all |
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I don't believe we will have to wait to 2140 to see the impact of zero block rewards.
The Reward per Block becomes irrelevant after 6th or 7th halving or in the Year 2032 or 2036 (Approx) and more irrelevant thereafter. In fact, the fees generated will be more than the block rewards.
We can argue about something what will maybe happen around year 2140 ( if BTC still exist then ), but it is a distant future that we will not experience so that is not our problem. Almost 99% of all BTC will be mined around the year 2032, and that 1% which will remain for next 100 years in fact will not be too important. Miners will mine as long as there is profit in it, they are not charitable institutions and will never behave like that. When rewards per block become lower miners will need to find other ways to generate income, and besides rewards from blocks only mining fees remain as solution. If in the next 10-15 years the number of transactions increases significantly, then miners should get some profit from that. It is also necessary to consider the price of electricity, development of the mining devices - respectively total costs of mining compared to earnings. If the transaction volumes stays the same, miners will get more from fees than the block reward in 10-15 years... |
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You guys!
Are you ignoring the price on purpose?!
We talk about boobs and the price rise.. Coincidence?? Maybe not  Perhaps at long last we figure out that there's a direct correlation between the BTC price and NSFW WO posts? |
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You guys!
Are you ignoring the price on purpose?!
We're just easily distracted by things we feel passionately about, that's all |
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Plastic feels like plastic. Natural or gtfo.
+1 Not if you spend enough $$$ on them |
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The.bear.market.is over?
 LoL... too early to say that imho. When the WO declares the bear market over, it's over. It's one of the fundamental laws of the universe. BTFD or cry later! Cry a lot... |
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Seeing the current fuss going on in the markets and the buzz that Bitcoin may lose its value down more to $1-2k levels (without any solid reasons except we may call this the biggest shake of investors' confidence), what do you really expect when the last Bitcoin gets mined?
I've got 2 things in my mind I'd like to share:
- Miners will push the fee higher and higher if the value drops (and even if it doesn't, they'll probably do the same because there won't be any rewards for the same and they'll not serve us for lower, maybe). So, after the hike in fee values, will there be the same clutter and people would sell BTC and choose some other alt for their money-making needs?
- Miners will completely stop mining BTC which would give us the chance to mine it with our PCs once again (maybe) and/or people might completely stop using BTC because there maybe a sudden drop in price (like we expected a price jump but it dropped like hell just because last BTC mined and mining fee hike as said in first scenario).
1. I fully expect all of us to be gone by then. It's 120 years into the future... 2. The fees will become an increasingly important part of the miner reward after each halving. Bitcoin has been designed with that in mind form day 1. 3. Miners will never completely stop all at once. Think of it this way. Lets say a particular highway has terrible traffic jams. And some drivers choose to avoid it. If everyone stopped using it, it would be empty, making it a super excellent choice. And drivers start using it again. But you never get to that extreme, because the system balances out way before that i.e. people stop avoiding the highway once the traffic is moderate. It's the same with mining. Miners who don't like the reward keep dropping out, the rewards are distributed among less people who now get more. This continues until everyone is happy with the situation. You never get to zero... |
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I just come across this post in nypost that Ohio to become the first in United States of America to accept bitcoin as payment for tax. I see this as a great this news and capable of trigger a recovering in some days and weeks to come. We have lose so much this year because of governments attack and banning of cryptocurrencies activities but with is developments I expect a very serious breakout that should push bitcoin upwards. This is the link to the news. https://nypost.com/2018/11/25/ohio-becomes-first-state-to-accept-tax-payments-in-bitcoin/Banning scammy ICOs and prosecuting the perpetrators is what caused the BTC bear market? |
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So "the pipeline (pending regulatory approval) filled up with customers"? Interesting... |
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Does bitcoin have not already suffer enough?
you guys think bitcoin will go to the 1000s?
Yes. Sell everything now. he already did @6480 (if he had coins and didn't lie about it) so why being bothered with it....... "n00b style" He could have sold at 6480 and bought back at 7000 or something, it's not like people must write everything they do on this forum 24/7. Wait you guys don't? I'm about to grab some breakfast in like half an hour in case you needed to know. Pics or it didn't happen! |
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