I believe I hoped nothing there?

Which point would you like to rebuke?

You don't have insider  knowledge of a massive botnet? or you know we are all criminals?

has = had

Same answer, probably a lazy bot lol. Not even trying to hide it.

They will probably end up getting raped by a cleverer bot.


The terminator is out there!

"mostly used by criminals"

So we are all criminals? right. Any other evidence than you say so?


"mined entirely by botnets"

OK so presumably you are running a botnet that is almost the size of all hashing power? therefore you could know this for a fact?

......?


I don't know you but you come to a coin that has increased several fold in a few months and smell desperation? I guess your nose doesn't work either.

Alts may not be for you. Hope you don't lose too much.

It is a discussion thread. Luke had enough of it ages ago. Why you guys want to drive away active posters who bring something to the discussion is beyond me.

Listening thanks

Thanks for the kind words Luxo.

Monero is doing its thing and holding on nicely.

2 thumbs up.

Oh yes please. Could do with a bit of good in a shitty life at the moment.

Since Christmas I had surgery and in the few days after, when I'm supposed to be taking it easy, the most evil cold and bad chest, I'm literally on the floor here.

Cant even keep my tablets down I have so had enough.


Phil

I read the talk here and fear for my life. Then I go to the chart and its still above 12 ? 

Hardly the fallen sky I was expecting based on these posts.

Missed opportunity to get back some coins. always seem to be stuck on the wrong side.

So we moved down with bitcoin, but we aren't going back up with it as much.

Will that mean back to the tradition rise on next BTC dip ?

We need to evict all these squatters!

Why do you think Monero would be any different to any other mining? the costs are hw and electricity (+infrastructure ofc)

If it grows, then the people who can make the most will be those with free or cheap electricity. Making mining more appealing in those areas and leading to the centralisation (of sorts) that you describe

What happens if they stamp out the fake/wash trade and make it real only?

Good post for page 1337   

Do you mean drawing as in deliberately creating the pattern?

Well exactly, except 887 

Any thoughts on flipping for the BTC bounce back? we held so far but I keep expecting the converse drop.

From the times today.....

http://www.thetimes.co.uk/edition/business/biggest-fall-in-bitcoin-blamed-on-the-chinese-r7qqphbwq



Biggest fall in bitcoin blamed on the Chinese
The value of bitcoins, the cryptocurrency, created by technologists to circumvent state-backed paper money, suffered the heaviest fall in its 23-year history


Wow




Full article.....

Hailed as the great hope of libertarians around the world, the value of bitcoins, the cryptocurrency created by technologists to circumvent state-backed paper money, suffered the heaviest fall in its 23-year history.

Bitcoins fell by as much as 23 per cent yesterday, having hit a three-year high on Wednesday, as the digital currency’s value in dollars collapsed. Market watchers pointed to the rise in the Chinese renminbi as the likely culprit for the sell-off.

Bitcoins traded for as little as $885.41 on the BTC=BTSP exchange, having changed hands just a day earlier for a record $1,163. The electronic money has been regarded as the vanguard for a movement that wants to do away entirely with national currencies.

Chinese citizens are thought to be some of the largest buyers of bitcoins as they look for ways to circumvent strict rules on the money they can move out of China. As the renminbi has fallen in the past year, Chinese trading in bitcoins has risen. However, the sharp rise in the Chinese currency this week has seen the flow reversed. China is reported to be responsible for as much as 90 per cent of all trading in bitcoins.

“Long-term investors in bitcoin will be used to a degree of instability, with instability and illiquidity two of the major drawbacks of trading in the digital currency. Amid speculation that the Chinese are using bitcoins to navigate restrictions on foreign currency purchases, investors will hope this isn’t a precursor to Beijing implementing new controls on the purchase of cryptocurrencies,” Joshua Mahony, market analyst at IG, said.

The obvious attraction of bitcoins, which allow users to securely and anonymously move money around the world, is a cause for concern for Chinese officials who are attempting to keep a check on illegal capital flight.

Even with yesterday’s fall in the price of bitcoins, they have easily outperformed any other currency and are worth 50 per cent more than they were three months ago. “If something goes up very rapidly . . . people want to make a lot of money and at some point they’re going to want to sell in order to realise their gains,” Marco Streng, chief executive of Genesis Mining, a bitcoin mining and trading business, said.

The underlying blockchain technology behind bitcoins is one of the hottest areas in financial services at the moment and every leading banking group is working on ways to exploit the record-keeping system behind the currency.