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boon. it's a short term pain in the ass but a little glimpse of what the future holds when more capacity can serve more ideas. imagine the effects of thousands of crazes like this. it's a great demonstration of what's out there on the horizon.
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so it looks like bitcoin for the win so far.
for me i have a decent amount in a couple of alts. i also figured out early on that i'd never be able to time this stuff properly so it's separate in my mind. i want to keep my bitcoin for the future and use the alts to cash out if i need some fiat. because of that i think pure dollar with them.
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many coins have reached dollar highs recently, but none have gotten anywhere near their bitcoin highs.
i can imagine just as many people are pissed off at their alt falling against bitcoin in the last few months as others are happy at the current dollar gains but to get those bitcoin gains you'd have to be a double trading god to sell the alt at the right time.
where do you stand on this?
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He might be correct, who knows?
We can be certain that a big chunk of future gold buyers will go straight to bitcoin and never have gold cross their mind. Google trends are telling us this. It's only gonna accelerate.
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You can buy it on Kraken.
You can't buy it or sell to directly from tether with any method so be thankful there's Kraken at least.
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super impressive stuff about the email. one day people will look back on these prices and their minds are gonna be boggled.
totally agree about previous posts regarding unit bias. even if the weirdos here don't believe it's a thing, they should at least for freaking once in crypto history experiment with this and prove that it's real.
byteball has less than nothing to lose and a ton to gain by switching to mbyte or smaller. i truly can't believe not one single coin with this issue has ever done anything to address it. it rams home once again how unworldly crypto developers are.
the byteball community is still small enough to understand why it's happening and help make it happen.
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we need to wait to see what effect futures are gonna have before we have a clue what bitcoin will do in the next few months. that's the biggest unknown we're facing and it could have vast effects up or down or none.
and let's look at alts. it's maybe a stupid comparison but it's ultimately the same people buying pretty much.
ethereum went from less than ten bucks to several hundred. it's now been up there for months. i certainly was expecting it to dwindle back to peanuts. it didn't. same goes for all alts. they exploded while bitcoin did nothing for ages.
this is bitcoin's first really strong run since 2013. maybe it's going up there and lingering there like almost every alt has.
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bcash was created by some of the most powerful and richest people in bitcoin as a power grab. that's why it's the biggest by a country mile.
no other fork will ever approach its size because none of them have the agenda or the funding.
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is this the stupidest prediction in the history of history? even someone who can't read or count could figure out this was never gonna happen in a million parallel universes.
doge holders should be pretty damn pleased with the existing price and market cap. it's still impressive.
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good luck, dude.
i have plenty of blackbytes too. i really don't think they're ever gonna get anywhere if they remain p2p. something fundamental has to change in the way they're traded. it doesn't matter how good they are as an actual proposition unless you make the off and on ramps as wide as possible.
p2p is how it should be but it's not what the majority wants.
they will also depend on the fortunes of byteball which have not been good recently. it's my favorite project but it doesn't seem very many people feel the same way. i'm gonna keep holding anyway as it's waiting to be discovered by more people.
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surely more of a WTF link? the highest premium i've seen for one of those is about 5-6 btc when that would've been less than $2000 in total. or the seller could be a time traveler from the future. maybe he's looking for some fat fingers that can't read but not too many people will have that lying around in their accounts. and customarily having any more than exactly one bitcoin on the balance is less attractive for some buyers. |
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Logical. Korea's insane enough without it. It's also unregulated. If they let this slip past untamed it would go 100% insane.
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This may sound heretical but my take on this $10k comment is that while the master is referring to supply/demand walls at psychological levels, such as $1000, $10,000 and so on, I'm of the opinion that we may not fall back to $10k since the market literally breezed through the $10k and $15k level these past 3 days. I'm more inclined to believe that it will fall to $15k again, test (or maybe brush off 20k), then go on to the $50k-100k.
But then again we don't really know what's going to happen in a market this euphoric. All I know is that this isn't come even close to the 2013 bubble, and we may have to touch the 100k level first to get to a situation similar to 2013, then we'll see.
it can breeze, or indeed freaking fly, back through $10,000 without blinking. the way up often does not resemble the way down in any conceivable way. a lot happens between the same figure being broken and then revisited. |
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Im into alts for the btc equivalent because Im looking at adding some more btc on my hodlings. The dollar value comes next. With what's happening now, my losses are almost a dozen. I should be celebrating because were reaching uncharted level. Hope this level stays.  yep. that's why i alt too and i could've had 3-4x more bitcoin than i do if i'd sold everything at the right time. being able to reach that again would be amazing but i for one don't believe it'll ever be possible again. It's different though. Those sort of pumps have been going on with trading pairs in cryptocurrency for a long time now.
The difference is in people buying p2p digital money on a centralized exchange at all time highs without the intention to learn the details of the cryptocurrency scene just on the base assumption it's impossible to lose money buying bitcoin because... It's only ever gone up..... Right? ......
again, that's what's been underpinning the korean bch pumps too. for now at least they've switched to btc. i don't think they have any more or less understanding of either coin. fortunes will be made and hearts will be broken. |
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how little of hurry are you in?
if you can wait a few weeks then this hype will go and things will go back to normal. on a weekend night you should be able to move everything for 10-100 times less than you'd have to pay now. bitcoin has never been as boiling as it is right this very moment.
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They've managed to convince people to buy without understanding what they're buying and thus the btc pump.
wouldn't you say that's exactly what happened with the bcash pumps in south korea too? i would. |
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i have a lot of alts. i'd love a real alt rally. but there already has been an alt rally for the last two years. eth went from 50c to over $400.
for me at least i don't care about the dollar price. i use alts to get more bitcoin. maybe now is a golden opportunity to load up to get more of that. if the ratios stay the same then that's of no use to me. i guess the falls are sharp so the ratios should bounce back but i think this is the moment where any ideas of flippenings go to the back of the queue and stay there.
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That's what I'm thinking. There are only a handful of alt/tether and certainly those will be dumped hard to get the btc on orders. but how about the the other alts that doesn't directly trade on tether. Where is the dump volume coming from?
I feel this is planned for a long time.
why is it important what pairing it takes place in? the ratios get hammered no matter what. the actual dollar prices really haven't fallen that much for many coins. it doesn't matter if it trades against bitcoin or tether. the price winds up the same. there's no way something of this magnitude can be coordinated like a normal pump. this is what a real pump looks like. |
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Its ugly and messy. How are they doing it? buying alts in tether then dumping for btc? I can think of holders of alts dumping it at loss.
there are more alt/btc pairs than alt/tether. it's not hard. all you need is more sellers than buyers. i'd be surprised if many ratios went much lower than they are, but the last few weeks have been consistently surprising. |
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It feels like all Bitcoins are being drained out of every altcoin. Who would it be, with such mechanism to orchestrate draining of this magnitude?
the human race. the coinbase app is nearing or is at the number one on the ios app store. that's all you need to know. this is what a real pump looks like, not some fake orchestrated crap that can only manage a few hours. the bitcoin pump has been going on a for a whole year. let's see what they do when bitcoin decides it's had enough. i think most will run for the dollar exits instead of going to alts. |
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