Still no squeeze. But it must start to hurt soon.
btc swaps still ~20K on finex, they still waiting to cover. It's the perfect storm. They've been trained over the last year that the price must always go down. Many will not learn until they lose all of their profits from the last year. Yes. 20,000 coins short on just finex alone. Only 8k to 300. Usual number of shorts last 12 months (bear market!) has been 5-10k until last few months when it went ballistic with retail shorting. I used the metaphor of a football held under the water, not going to hold for much longer. Edit: long interest up quite a bit in fact.. |
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8000 coins to 300.
Lets do this..
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Tempted to ignore you stolfi. For a professor that is pretty stupid.
If memory serves there is at least one exact copycat of bitcoin. A different chain. Guess what - worth nothing.
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(Before you scream "21 million": that bitcoin limit is "guaranteed" only by fuzzy arguments about a complicated economic game, not "by math", and could be changed if the right players agreed to it. Moreover, any kid can duplicate the amount of bitcoins in existence by creating a hard fork of the blockchain and starting to mine it on his laptotp. Anyone who has bitcoins will gain an equal amount of those "series B" bitcoins, accessible through the same private keys, and could trade them independently of his old bitcoins by duplicating his wallet and downloading the kids's client software. Whether those "series B" bitcoins will get a significant market value is a market(ing) question, not a technical one. And, of course, there are the altcoins.)
You're describing a double spend attack, right? No, I am describing a hard fork. It does not interfere with the original chain directly, simply creates another clone, premined and "pre-transacted" to hae the same addresses, private keys, UTXOS, and everything as the original chain. All it can do is steal value from the original bitcoins, if for some reason people prefer to spend their dollars on "series B" bitcoins rather than original ones. What tosh. Who would spend their dollars on series B bitcoin, what scenario do you envisage where someone would be tricked into buying from a second chain. Exactly. Who the hell will value stolfi coin? Edit: there are hundreds upon hundreds of ALTs..but only one bitcoin! |
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Bears getting nervous.
Price not falling!!!?!
Tarmi are you currently in or out of bitcoin? Bleating suggests you were expecting falls from 237..
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If you got in at $740 you bought to a bubble. $300 will come, but if you lack patience just get over it and sell. There are thousands of people who will be happy to take your coins.
The whole bitcoin thing is just a bubble, everyone bought in a bubble only most "early adopters criminals&hackers" have almost $0 cost: Mark Karpeles Loaded DPR FBI HD Moore Dustin D. Trammell Tod Beardsley etc NLC you are getting desperate! |
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Are you writing a book stolfi?
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NLC having a fit keeps clicking Post button
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Just wait til joe public investor can buy in through an ETF..
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With the frequency of your posts NLC, I conclude you still haven't bought back in. Silly sod.
Edit: that itch you can't scratch is FOMO..
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Paging tarmi to tell us how he bought back in at 245 and just sold at 266, currently waiting for us to drop back to sub 200 lol
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If it breaks the trend line currently sitting at around 238-240 with decent volume, it's done.
Someone market sold 8000 coins into the orderbook on finex earlier and it didn't even breach 245. You better get selling or we'll be back in the 250's shortly.. |
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nice, Bulls now paying 0.05% on var and 0.07% on top for their lev. in addition they are getting burned again. This is goona hurt.
Ha. This is where tarmi tells us he dumped at 258. |
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Short term trading in bitcoin is otherwise known as gambling.
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I have probably paid more tax than you ever will NLC  |
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We are not ready for another rally until several things happen:
1. 20MB blocklimit fork is implemented. The past 24 hours has shown how the combination of delayed block discovery and high transaction volume has been stressing the network with unconfirmed txs. If the network is stressed by ever-increasing tx volume at $250, the unconfirmed tx will cut short any incoming rally.
2. Bitlicense finalized and mailed out. Gemini opens.
3. Ethereum proves itself not a threat to Bitcoin.
1) the price has nothing to do with network capacity though i agree the fork should happen soon 2) you could be right with this one 3) ethereum is very unlikely to be a threat to bitcoin |
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By my reckoning he sold pretty much where you did nlc.
You felt the need to troll bitcointalk for 6000 posts afterwards though sadly.
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Nibbling back up to 250..
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