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$400 or at a worst case scenario one ten thousandth of a pizza.
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Offtopic question,
How do I chose avatar picture on this forum? I tried to put Kodrić, Karpeles or Jeff Robinson on my profile picture but it doesn't work, how do I do it?
not able to any more.. that function got disabled so anyone who has one is stuck with it afaik and anyone who doesnt have one, cant get one.. If you have one you can request it to be removed. (I don't know why I know this.) Here is an example of one person here who got theymos to remove his avatar. Vlad where is your avatar!?
Finally got theymos to remove it for me. Wish he would have let me replace it but that wasn't possible. Cheers! |
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Who would have thought that it is tanking around sub 280? This looks worse at sub 280 than sub 400 months before.
I wouldn't describe it as tanking, more like going boringly sideways. |
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Following our logcharts from 2013 we should be a bit higher in price, not?  Long time since it was posted last time. everything is still fine!  This chart is not the 2013 log chart! This chart was called the bear-troll baseline chart in 2013! The chart for delusional, trollish beartards!  What's the price got to drop down to before we should start panicking? |
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What happened before the last halving? I was not involved in Bitcoin at the time but I heard the price started rising before the actual halving. A post here said it was priced in by the time the halving took place.
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N.B. There are over 300 currencies and counting  Boom days for forgers How come there are already so many currencies? Could you create them while the Monetary System was still in beta? |
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Yes, but there was a glitch in displaying the menu on the left to use MS  This update fixes it. Do I have to update my Nxt client to use it? |
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I think that Bittrex will change the name soon, only reason for not delisting the coin.
Hopefully we will get an update from Zeded soon.
I wouldn't get your hopes up about that, I spoke with Richie from Bittrex a couple of weeks ago about it and he was quite adamant that changing the name wasn't something they were likely to do because it'd open the doors for other coins to get "on the exchange without the normal avenue that all coins go through". Obviously "WSTL" is already on the exchange, but I suppose the point was that this was due to the work done by the previous developer. If they're not going to change the name I'd prefer they just de-list it for now and as suggested before start with C-Cex. And like the others I'd be grateful to hear your thoughts on it all and the project's future zeded. Bittrex changed names of the coins on their exchange in the past. So this is lame excuse from them. It was expected to be delisted on 9th January, but wasn't. Something is going on with this coin, some angel keeping coin on bittrex, and don't want the name to be changed. Can we assume somebody is trying to push the price down? Bittrex used to reconsider delisting a coin if they had loads of feedback from the coin's community, but they changed their rules a while back. I'm not sure how the new rules work, I only know they increased the weekly volume reqired to keep a coin listed. |
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Update. https://nxtforum.org/nrs-releases/nrs-v1-4-7-1/-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
Release 1.4.7.1
[deleted]
sha256:
[deleted]
Change log:
Always enable Monetary System menu in the UI as we are after block 330000 now.
There are no other changes from 1.4.7.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.12 (GNU/Linux)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=8hsg
-----END PGP SIGNATURE----- We are now at block 330034 so is the Monetary System fully operational now? |
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Well, the price is back to where it was before Bitstamp went down - around $275-$280. Bitstamp being down only had a temporary effect.
The Paycoin debacle diverted some mining power from Bitcoin for a while, but that's over. (So is Paycoin, probably; it's dropped from $20 to $3, despite GAW's claim that they were going to support the market. Paycoin seems to have been just a pump and dump.)
The $300 support level for Bitcoin has been broken. It wasn't a dramatic event, just part of the long slide.
Outlook: meh.
Do you have any idea how much the Paycoin dev made? Could dumping his stash be responsible for breaking Bitcoin's $300 support level? |
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Not that I know of, but Dogecoin's emission schedule is similar: 5 billion DOGEs per year.
Yes there will be no doge block halvings and an endless emission at a fixed rate. The devs are assuming 5 billion DOGEs per year will be lost due to lost wallets and forgotten passwords. |
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I maintain that we still need a global currency crisis / collapse followed by a flood into precious metals. Once people realise that BTC and its derivatives are as good as precious metals and easier to use we will start to see real commerce take place in crypto. See you there, might have grey hair by then. But these dayys have been fun. We were there dudes!!
What drivatives has Bitcoin got? I heard they helped cause the last stock market crash. Fuck derivatives. Take your meds mate. I meant altcoins (generally derived from the BTC source code) Good, the last thing Bitcoin needs is derivatives (like the debt packages in the stock market). Well ironically the winkelvoss ETF would be a derivative. Their company plans to purchase one BTC for every 5 shares in the etf owned. Unfortunately this is exactly what BTC needs right now to allow the gamblers a regulated environment for purchasing BTC with stupid amounts of money. The more I think about it, the more grave is BTC's immediate future. I believe that ETF was already speculatively priced into BTC too which is also deflating with all the rest of the bad news. There is still big money in BTC and these are the guys doing the mini pumps followed by the massive dumps. And as said they will do this all the way down to zero or until they are out of the market. They need to get their money back and they don't care about you, me, or Bitcoin. Both derivatives and shorting ought to be good for Bitcoin if only the currency (not only the technology) gained some significant traction with some kind of real use case. But there doesn't seem to be much adoption other than waves of shorting traders. It depends what sort of derivatives you are talking about. The type I am against are like the packages of debt, the source of which the buyers don't know. I heard the last big bank crash was partially caused by traders buying packages of mortgage debt, but they didn't know it was mortgage debt. People had been given mortgages who had not got a hope in hell of paying and someone put that debt into a derivative and sold it. The winkelvoss ETF might be regarded as a derivative, but it's a completely different kind of derivative to the dodgy ones available before the last bank crash. |
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I maintain that we still need a global currency crisis / collapse followed by a flood into precious metals. Once people realise that BTC and its derivatives are as good as precious metals and easier to use we will start to see real commerce take place in crypto. See you there, might have grey hair by then. But these dayys have been fun. We were there dudes!!
What drivatives has Bitcoin got? I heard they helped cause the last stock market crash. Fuck derivatives. Take your meds mate. I meant altcoins (generally derived from the BTC source code) Good, the last thing Bitcoin needs is derivatives (like the debt packages in the stock market). |
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I maintain that we still need a global currency crisis / collapse followed by a flood into precious metals. Once people realise that BTC and its derivatives are as good as precious metals and easier to use we will start to see real commerce take place in crypto. See you there, might have grey hair by then. But these dayys have been fun. We were there dudes!!
What derivatives has Bitcoin got? I heard they helped cause the last stock market crash. Fuck derivatives. |
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OK, so after BitStamp was hacked, people have been posting posts over posts and threads over threads about it and even making scam accusations about the exchange. Some even called it the next Gox. But all of a sudden all threads have gone silent after the exchange came back online just fine, within a small time window.
No problem.
At least I would take this opportunity to actually give some postive feedback to BitStamp team who worked hard and delivered on my personal expectations after the hack. They made sure to keep the users informed of the progress via Twitter too. And they surely didn't "Gox". I have an account with them and thankfully I didn't lose anything because I had emptied my balance in September but in future I'm gonna trust them as good as I did previously - or even more than that, because I'm sure their security is now far better than what they had before. And they mean serious business.
They're here to stay and make Bitcoin ecosystem better.
Since you brought it up: 1. The "small window" was a business week. 2. No confirmed fiat withdrawals. 3. No [previously promised] audits => fractional reserve possible. 4. Re. "better security": As long as you're sure. TL;DR: Let's not start stroking them just yet. They cannot start processing fiat withdrawals until Monday when the banks open. |
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Their order book has now almost three times more orders in it than last night shortly after they re-opened. People seem to be getting more confidence in them again.
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Litecoin death?
At what price do you consider it dead? Well it's at it lowest price ever against bitcoin, but I wouldn't say it's dead. If there ever comes a time when one doge coin is worth more than one litecoin then I would consider it dead.  |
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Good morning gentlemen.
Where's your God now?
Quite a few gentlemen must be thanking him for getting stamp back online. In other words, "Thank you God for not drowning us in our own urine, bidding in thine wisdom for stamp to slowly impoverish us instead." Some people now have a chance to make a profit on stamp. Even trading at a loss is better than losing the lot to a hacker. Potayto potahto. But you have a point, losing money due to some malefactor wouldn't be quite as funny as losing it due to their own ineptitude. If people lose money trading due to their own ineptitude, they will still have something left over. If you buy high and sell low it still leaves you with some money left, which is more than the hacker would have left people with. |
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