Days of "only bitcoin" are coming soon, just wait and see. Bitcoin is about to start its super bull-run, and once it does, alts are gonna suffer. You might then pick up some of your favorite alts and enter them, but entering alts right now isn't the best thing to do IMO.
Bitcoin is about to take-off, there's a huge probability of it right now, it has broken the downtrend, once it does, proud owners of alts are gonna cry, again.
I truly hope so |
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Bitcoin is about to take-off, there's a huge probability of it right now, it has broken the downtrend, once it does, proud owners of alts are gonna cry, again.
I am a proud owner of alts. Bitcoin is like the Eiffel Tower - if you took away the buttressing it would fall down. ALts are the buttressing for bitcoin and if they disappeared bitcoin would fall down because difersification is an essential hedging aspect of any investment portfolio. Also, although bitcoin is fine as an asset, it's technologically crippled and so alts are here to stay  of course they are here to stay. But in no way is btc technologically crippled. You've been drinking the alt kool aid on that one. |
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For fucks sake, alts a rising at a stupid speed again, with btc being a laggard. Here I was thinking that this alt shit had ended and btc would be the main show again.  Altcoins are used to increase BTC through trade (aka gambling). That's why they rise faster, and fall faster as well. well they aren't being used to increase today are they, the btc dominance has dropped substantially in the last week. That's not good. |
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For fucks sake, alts a rising at a stupid speed again, with btc being a laggard. Here I was thinking that this alt shit had ended and btc would be the main show again. |
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Fuck yeah, checking the price is a happy experience again (today at least). hahaha to all the shorters. That's what you get when you try to go against what is possibly one of the greatest innovations of all time.
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also, masterluc says...blah blah
Why do people still listen to those who made crazy predictions in the past and were all wrong? None of them predicted the pull back from 20K to 7-8K did they? Masterluc, Cliff High, Tone Vays, McAfee.  They believe in "long-term", not in short-term like you. My long term prediction I made August 2017 simply based on doubling each year: 2018 2000 2019 4000 2020 8000 2021 16000 2022 32000 2023 64000 2024 128000 2025 256000 I have nothing against Masterluc, Cliff High, Tone Vays, McAfee saying it will moon sometime in several years 5-10 or whatever (most of us here do otherwise we wouldn't invest our money and time) but a lot of their technical babble in the mean time has been proven wrong hence my comment. I merited your earlier post, mostly because I appreciate an anti-sorcerer comment now and then, because sometimes it seems that guys are getting into too much sorcerer reliance.. and sometimes, want to be viewed as sorcerers, too. Doubling every year is not a bad idea or framework, and if you are starting with $1,000 for 2017, $500 for 2016, and $250 for 2015 - even if you are largely correct, you seem to be selectively and purposefully low-balling, especially when we have seen $20k for 2017... so you either seem to be purposefully skewing down your expectations or you are engaged in a state of unrealism.  We are also NOT going to get linear BTC performance.. so even an average of 2x every years seems to just be a kind of stab in the dark that is not really based on anything except for a kind of dream about how the world should be rather than how it is, especially with a considerable likelihood that bitcoin is in a exponential curve which will not likely be held back by 2x (or linear) expectations.  I believe masterluc predicted 20k down to around 9k before we were at 9k. I’d say that’s not a bad guess. He did. In fact back in March (or near then anyway) of last year he produced a chart with the prediction that the price would go to 15k by the end of the year and then drop down to 7k. So pretty fucking good in my books |
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Are they though? futures are closed over the weekend, those price are before the latest dip. |
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pump fucker pump  |
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some of his questions are interesting... (not radix lol) What's wrong with radix? genuinely interested, as I've heard a little about it before and it sounded somewhat non-scam like. When I last looked it was a target for botnets and sybil attacks and was claiming turing-completeness which is idiotic (verging on scammery). Ideologically also for me, all alts are irrelevant, not least because of the Lindy effect and centralisation around a weird bloke from Stoke-on-Trent. Do you know when it was that you last looked? I might take a look myself to see if those things have changed. end of 2017. ish Probably not much different then. |
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some of his questions are interesting... (not radix lol) What's wrong with radix? genuinely interested, as I've heard a little about it before and it sounded somewhat non-scam like. When I last looked it was a target for botnets and sybil attacks and was claiming turing-completeness which is idiotic (verging on scammery). Ideologically also for me, all alts are irrelevant, not least because of the Lindy effect and centralisation around a weird bloke from Stoke-on-Trent. Do you know when it was that you last looked? I might take a look myself to see if those things have changed. |
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Although Legendary accounts don't need merits to rank up, they still need 2 merits to earn an smerit. I'm sure many Legendaries have already run out of smerits to give out, and would like some love so they can pay it forward.  my last bit of love now given |
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some of his questions are interesting... (not radix lol) What's wrong with radix? genuinely interested, as I've heard a little about it before and it sounded somewhat non-scam like. |
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I’m not going anywhere. I’ve got another 5 years of hold in me. At least. As I have said many times before, I will be accumulating sub $5k if we get there and very aggressively should we approach 2014 Gox ATH.
These are my thoughts exactly, though I'll start accumulating sub 3k only. If it never gets to sub 3k I'll still be happy. |
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Not liking the current price. I'm still hoping that we just have a sideways market for a while. Something like Masterlucs year long triangle pattern. Honestly though, it doesn't feel like that is going to happen. Looks as though we will be waiting till the next halving, before anything good happens. Fingers crossed for back to 5 figures though 12 hours ago V8 suggested a bottom of $7,500 this weekend which seems reasonable. Well, I have three bids between current price and $7500. Perhaps I can get a little more corn out of this before the rebound. Hope that I'm not just catching a falling knife all the way down to oblivion. I can handle a bottom at 7500, so long as the damn thing goes back above 10,000 again. |
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Not liking the current price. I'm still hoping that we just have a sideways market for a while. Something like Masterlucs year long triangle pattern. Honestly though, it doesn't feel like that is going to happen. Looks as though we will be waiting till the next halving, before anything good happens. Fingers crossed for back to 5 figures though |
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Does anyone have an idea of when tiered masternodes will be coming in 1 week? 2weeks? month?
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Mem pool almost empty again.
It is amazing to see. going from over 200k down to under 100 at certain points. I don't think an empty mempool is a bullish sign, but, hard to tell since most of those 200k transactions at the height were spam. To me, an empty mem pool is bearish. Shows low volume. Big spikes seems to mean big price movements. I am associating very high priced fee movements with price drops (panic sales) and big spikes without high fees as pumps (organic exchange transactions). seems reasonable, I'll keep an eye on that myself |
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Regarding this POW problem, instead of replacing the SHA-256 POW by something else, we could change Bitcoin so it accepts two POW algorithms at a time, lets say a CPU one and we keep SHA256 also, each algo having its own difficulty, a block being valid if signed by either algo.
This way ASICs would have to compete with CPUs with a fair ratio, and probably disappear after some time because of the costs.
Wow, brilliant. Start spreading that idea wherever you can. I will be. |
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Mem pool almost empty again.
It is amazing to see. going from over 200k down to under 100 at certain points. I don't think an empty mempool is a bullish sign, but, hard to tell since most of those 200k transactions at the height were spam. |
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