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81  Economy / Speculation / Re: A bull market looms on the horizon on: October 06, 2017, 03:51:29 PM
There is surely a lot more optimism in the market than one month ago. But still the danger has not passed away.

We are still inside of what could be the second bounce after an important high (the ATH of just below $5000). The bounce got really high, but its high has still not reached the values of the previous bounce ($4600-700, reached after the first bigger dump down to ~$3950). If we don't break this value, then a bearish outcome is more likely.

There are also still fundamental risks to be considered, above all a bad outcome of the Segwit2x fork in November - it has become a bit less likely because Segwit2x lost a bit of traction, but it is still possible.

I don't think anyone is doubting that segwit2x hardfork will not happen. It WILL happen, anyone can fork at any time of the day. What matters is that the fork is resolved quickly, similarly to Bitcoin Cash. It has already been solved, we all know Bitcoin Cash is an altcoin and has no real chance at #1.

Now we got the scammers on Segwit2x trying to turn their chain into the only chain by trying to destroy the legacy one. This is why this situation is not exactly like Bitcoin Cash. At least Bitcoin Cash had the decency to add replay protection and compete on the market. S2X scammers are scared to fight in the market because they know people will dump it for real BTC.
82  Economy / Speculation / Re: New Spring for BTC - Storm has ended on: October 06, 2017, 03:21:57 PM
If all the Chinese got rid of their crypto-currencies we would see a huge dump. This did not happen. Or news about ban of China to use cryptocurrency it is a fake or the Chinese are in no hurry to get rid of their coins. Maybe this information attack to the Chinese further increased its influence on the cryptocurrency market?


China banned exchanges, and I was tired of saying how China's weight on the market was insanely overrated. As we saw, the price dumped, but it recovered. We are now way past the 30th of september where the ban entered official mode.

Another thing I said a million times was how the bad news were already priced in and nothing would happen in the 30th, same thing.

The Chinese already got rid of their crypto. Now the only chinese left are true believers of bitcoin that will not sell under any FUD.
83  Bitcoin / Bitcoin Discussion / Re: Bitcoin.org to denounce "Segwit2x" attack on: October 06, 2017, 02:02:31 PM
It's good to see bitcoin.org taking action. Too many noobs are stumbling upon bitcoin.com and reading their straight lies and propaganda. If you pretend to do nothing and watch how this happens, they will win. People must take a clear stance on this, and it seems nothing but an attack on bitcoin. They are scared to let the market decide, which is why they want to kill the legacy chain and claim they are BTC. They also claim the users of these sites are supporting the fork, when it's obvious the average user got no idea of any of this. Very sad to see.
84  Bitcoin / Bitcoin Discussion / Re: A site to search all local exchanges at once. on: October 06, 2017, 12:30:30 PM

is i see none of them are online anymore, appart from localbitcoins
try https://www.megachange.is they operates the same way as localbitcoins.com does

Now that you mention this, we should have a site to send a letter to all of the companies listed here:

https://bitcoin.org/en/posts/denounce-segwit2x

telling them to stop supporting segwit2x or else you'll stop using their services forever. We need to take action and we need to it intensively and quickly. Someone should code a site that sends an email to all of these at once.
85  Economy / Speculation / Re: Segwit2x vs 1 MB on: October 05, 2017, 06:49:37 PM
There's plenty of bravado out there, but if Corecoin really does get awarded the current signalling distribution then it's going to be borderline unusable and it'll stay that way unless they themselves hard fork into a different form. Then we have three coins as a few nutters might mine the original one.

Things are going to heat up rapidly between now and November, but I think most people are rational enough to know 2X is going to be a fuckup that's abandoned before it gets rolling.

It depends on the miners doesn't it? They haven't come out and said what they're going to do.

There are miners already rejecting the agreement, the agreement has been broken a million times, the agreement is poorly written, it lacks a lot of details, it included that it would be followed in order to avoid a hardfork (and since the BCash hardfork happened, and miners in the agreement mined the fork to both, another reason why it was broken), the agreement also didn't include the replay protection measures... it is a total mess and any true bitcoiner should be doing whatever is on its hand to stop this.

If the exchanges that should be listing both coins, dont list both coins, I can't wait for the legal consequences, because some people with a lot of money is going to be extremely pissed off at some corporations playing around with their bitcoins.
86  Economy / Speculation / Re: Do you think China has halted the pace of bitcoin reaching new high?? on: October 05, 2017, 06:12:52 PM
Back then it would halt the pace but not anymore has China does not have that much influence has it did, there is just so much uncertainty there and its probably flagged unfavourable but with countries such as Japan giving cryptocurrencies support I guess we have a new ambassador to push the price to new heights.
after what they did and see how they got some influence for a short time, i guess we or many crypto believers already made a wiser decision not
being trapped with such movement, china brings some downfall but looking now i can say that there's big players behind who will not allow the
value to fall deeply and begin to show that target will be achieved it will just taking some time because of this china issue.
It seems to me that the Chinese government has very accurately calculated the time and opportunities, used all this mess after making its decisions on the crypto currency, and today it can not be a winner ..


China is now loaded with Bitcoins thanks to all the newbies that dumped in panic during the great crash after the ICO+exchanges ban coupled with Jamie Dimon's FUDster comments.

Now they are ready for the market to hit new heights, and when we hit new heights, the market will be pushed even further because China will unban Bitcoin and it will pump to $7000ish and the technicals back this number.
87  Economy / Exchanges / Re: Kraken issue on: October 05, 2017, 04:02:47 PM
Hi All,
I ran into a technical issue while funding my new kraken account.
They said they are working on it for past few days and not sure when it will be fixed.
Anyone experienced this? Should I wait or better open an account with coinbase or elsewhere.
Thanks in advance

Have you lost any money in the process? If so, open a thread in several places like here and on reddit and denounce them. Public shaming for unprofesionalism is the best tool to make them hurry up and do something.

If you didn't lose any money, I guess you should keep sending them mesages until they reply. Personally I tried once years ago opening an account there, tried verifying my address and they never verified it, it got stuck in "processing" or something.

It depends on were are you from. I wouldn't use Coinbase or anyone support segwit2x. I think Gemini from the Winklevoss brothers is legit.
88  Economy / Speculation / Re: Segwit2x vs 1 MB on: October 05, 2017, 01:57:13 PM
There's plenty of bravado out there, but if Corecoin really does get awarded the current signalling distribution then it's going to be borderline unusable and it'll stay that way unless they themselves hard fork into a different form. Then we have three coins as a few nutters might mine the original one.

Things are going to heat up rapidly between now and November, but I think most people are rational enough to know 2X is going to be a fuckup that's abandoned before it gets rolling.

Don't be an idiot. This is not Corecoin vs Bizcoin, this is Bitcoin vs Bizcoin. If a conglomerate of corporations and miners bribed by US money takes over the development of bitcoin, how isn't bitcoin dead?

Don't be on the wrong side of history, this has nothing to do with Core, if you think otherwise you have some lurking to do.
89  Economy / Speculation / Re: Segwit2x vs 1 MB on: October 05, 2017, 12:59:30 PM
What you have to do is wait and see. There are miners that will drop from the agreement because they know it's dangerous for them to try to do something as stupid as being traitors to bitcoin and supporting bizcoin aka segwit2x.

Segwit2x is going to get dumped, the price will crash, and miners will be back en masse to mine the most valuable coin (legacy Bitcoin). One does not simply bribe corporations and miners with fiat and then claim that is Bitcoin, because Bitcoin would be dead at that point. Good news is, hardforkers will be humiliated once again. The smartest thing to do is to dump hardforks immediately.
90  Economy / Speculation / Re: My opinion why btc falls, others prosper. on: October 04, 2017, 05:32:52 PM
Bitcoin was the first of its kind, i first heard of it in 2011, and didn't think anything of it.... i feel very few people at first didn't invest much, but the people who did invest didn't have to invest much money, when it first came out, if you had invested $10, you would have a nice fortune now....because its sitting in the thousands now, i feel very few people for this reason wont invest in it, even if i did a $1000 now, i think it would take forever to see a huge outcome compared to the first investors. i feel the majority of the overall bitcoin online is from people who first bought in.  Due to this i get the impression bitcoin will fall drastically here soon.   

Now that people see the uses and market for online currencys, a lot more people are paying attention to it, due to this, I'm feel the average person will invest in other coins like ethereum, ltc....etc, hoping for a big outcome like bitcoin had. 

Any opinions/advice is welcomed Smiley

Probably true. A lot of people are investing in altcoins, hoping one of them will be the Bitcoin killer. Another reason for people moving away from Bitcoin is the scaling debate. That is when the altcoin rally started.


There's no such thing as bitcoin killer, everyone claiming to have it has sold us vaporware thus far, or plain clones of bitcoin sold as something new when they aren't.

I wish someone had a real bitcoin killer that beats it on every department, because that would mean getting rich was very possible, but I dont see it happening to be honest. Bitcoin remains the best, with the most devs, the most peer review, the most liquidity, the most hashrate, the longest surviving blockchain... you name it. That's a lot of things to beat.
91  Economy / Speculation / Re: Goldman Sachs Entering Bitcoin Trading? on: October 04, 2017, 04:06:41 PM
Trading how? The key is what they can offer to investors. If it's accredited investors only or they don't provide any vehicles via the usual channels then it's still very interesting but won't have as much effect as it could have.

They can do proprietary trading - that is, trading using their own funds rather than on behalf of customers. The big question is how much money they are willing to invest - they have a lot of funds and could quickly overwhelmn the crypto space by themselves.


I doubt they will risk much of their own funds to trade. Bank's entire business is to get money that is in client's accounts and then screw around with it, which is why I never liked the idea of having tons of money on banks (if I had tons of money, im poor so who cares). But if I ever got rich, I would never have more than 50k on a single account, I've seen too much shit lately.

And I also don't like a culture of making bitcoin a bank product that clueless people can go and buy. Sure it will help pump the price a lot, but im not sure if it's a good idea. Ultimately the clients are trusting their private keys into the banks and once again it would solve nothing if the bank goes wrong.
92  Economy / Speculation / Re: Price BTC after SegWit2x? on: October 04, 2017, 03:37:54 PM
The problem (and their plan) is that the corporations that they have bribed (namely, Coinbase, BitPay, Xapo, and other places were there are tons of online wallets from clueless people) will run nodes, and these are so called economical nodes because they count for all the people using their services.

In an insane act of hypocrisy, they will claim that they have a lot of user support, implying that everyone using their services actively supports 2x (when nobody using these services knows any of this is going on).

It is a tricky situation but what I know is defeat is not an option.
93  Alternate cryptocurrencies / Altcoin Discussion / Re: BITCOIN CASH is probably DYING on: October 04, 2017, 12:18:04 PM
It was always clear to me that BCash would never get anywhere, but I was too lazy to dump it, so I hope it pumps one last time before the final death, because i don't want to make small gains off this. If they are going to attack us with hardforks, at least we can get good gains with it, so im hoping Roger Ver and Jihad Wu pump the shitcoin one last time then I will dump it hard.
94  Economy / Speculation / Re: My opinion why btc falls, others prosper. on: October 03, 2017, 03:03:50 PM
Bitcoin was the first of its kind, i first heard of it in 2011, and didn't think anything of it.... i feel very few people at first didn't invest much, but the people who did invest didn't have to invest much money, when it first came out, if you had invested $10, you would have a nice fortune now....because its sitting in the thousands now, i feel very few people for this reason wont invest in it, even if i did a $1000 now, i think it would take forever to see a huge outcome compared to the first investors. i feel the majority of the overall bitcoin online is from people who first bought in.  Due to this i get the impression bitcoin will fall drastically here soon.   

Now that people see the uses and market for online currencys, a lot more people are paying attention to it, due to this, I'm feel the average person will invest in other coins like ethereum, ltc....etc, hoping for a big outcome like bitcoin had. 

Any opinions/advice is welcomed Smiley

Only idiots would invest in garbage with low marketcaps hoping that they pump, and this is what people that invest in random altcoins hope.

People that's smart and want a position in crypto will still have Bitcoin as the #1 time-tested store of value to hold. You can release as many altcoins as you want, none can claim 8 years of uptime and counting.
This is not as easy as "oh BTC will not go up anymore because it's too high already, let's buy shitcoin X"

In fact, BTC marketcap is still tiny compared to the rest of the world, so you are still early.
95  Economy / Economics / Bitcoin on the frontpage of the Wall Street Journal about Goldmans Sachs buying on: October 03, 2017, 12:50:06 PM
I just saw that the next frontpage of the Wall Street Journal includes news on how Wall Street is going to start pouring money in the bitcoin blockchain:

https://twitter.com/WSJ/status/915079021221773313


Wall Street Journal has huge reach, if people see that Goldman Sachs is considering buying Bitcoin, it will create a FOMO. This coupled with the recovery of the Chinese ban and Jamie Demon FUD + European fears = very bullish Bitcoin.
96  Economy / Economics / Re: The unlimited cash (Central banking) award goes to every Bitcoin Fork? on: October 02, 2017, 04:25:16 PM
The unlimited cash (Central banking) award goes to every Bitcoin Fork?

Everybody buying bitcoins to get a free airdrop of coins .
Out of nothing  : Instant Moneyz, and brand recognition on day 1
Every respectable Older non forked alt coin  (yes they are bitcoin clones) bites the dust. Stability is for losers?

What is your opinion.

Think about it this way:

1) Bitcoin still has a 21 million coin limit. No matter how many forks they create, the 21 million coin limit will guarantee there isn't ridiculous inflation happening.
2) The more hardforks that happen, the more validated the original chain becomes. As more and more forks get nowhere, the real Bitcoin will shine even more and it will become obvious that hardforks are just altcoins that you receive for free if you are holding the real one.

The problem is Segwit2x pretends to get rid of the legacy chain and become the main chain, this is a terrorist act against bitcoin and this must be stopped by any means possible. Segwit2x is the biggest enemy of any real bitcoiner right now.
97  Economy / Speculation / Re: bitcoin gaining more strenght on: October 02, 2017, 03:26:22 PM
What is the real reason behind the price rise of bitcoin as its gaining more strength from last few days?

no more china/JP Morgan FUD and 2 upcoming forks (on 25.10 bitcoin gold and on 1.11 bitcoin 2x). People want free coins from these forks so they start buying. there is also a bch sell off going on, they sell bcash to buy real bitcoin.

This sums it up, and there may be even more forks coming. Turns out the forks might actually hel the real bitcoin go up in price at the end of the day. Call it dividends, call it passive gains, call it whatever you want, at the end of the days all these hardforkers are driving the price up. The main problem is 2x because it doesn't have replay attack and Jeff Garzik is actively attempting to kill the legacy chain. If it wasn't because of that, I would be looking at $10,000 in 2018, but Jeff Garzik may crash the price along with the rest of idiots that signed the NYA.

We need to kill the NYA, we need to make all these fools drop this up and coming disaster. It is sad to see how the biggest treat in Bitcoin now after beating JP Morgan and China is infighting by the hardforker once again.
If we are able to stop this we will be unstoppable. Write to all the merchants that signed NYA and tell them in an email that you will withdraw all of your money and never use it again unless they drop support for 2x.
98  Economy / Economics / Re: Jamie Dimon Calls Bitcoin A 'Fraud' on: October 02, 2017, 02:11:01 PM
Jamie Dimon has already been humilliated by bitcoin once again. The price is now higher than the price of the pre-FUD attack of Dimon and China. Now we jus need to hit an all time high to finish the job.

Meanwhile Morgan Stanley CEO said that Bitcoin is not a fad. Christine Laggarde also said that we must not ignore cryptos. Some bankers are smart enough to realize bitcoin will never fail.
99  Bitcoin / Bitcoin Technical Support / Re: 0.15.0.1 vs. 14.2 on: October 02, 2017, 01:14:48 PM

0.15 is faster confirmed.

It is insanely faster, it's great, I can confirm too. But not only it is faster and gives you the possibility of segwit transactions if you are smart with the command console, but it also helps protect the network against the up and coming segwit2x hardfork attack. Everyone that cares about their investment should be downloading Bitcoin Core 0.15.0.1 immediately and running as much nodes as possible.
100  Bitcoin / Bitcoin Discussion / Re: Will My Bitcoins be Safe During Bitcoin Gold Hardfork and November's Hardfork? on: October 01, 2017, 05:14:49 PM
This guide is better than the ones posted thus far in my opinion:

https://bitcoinmagazine.com/articles/beginners-guide-surviving-coin-split/

This one was in the times of Bitcoin Unlimited, but it should be still applicable to other scamforks. Remember that as long as you control your private keys, you are safe. But also remember that when it comes to transactions, unless you run a full node, you don't know what you are receiving. For example if you got coins in blockchain.info, you are on their mercy since they decide what Bitcoin is for them. If they list 2xCoin as BTC, then they are scamming you by listing an altcoin (2xCoin) as real Bitcoin (BTC).

So ultimately, the best and only solution is what ever bitcoiner should have done since day 1: run your own damn full node, is not that difficult. So head over www.bitcoin.org right now and start being free from all the retardation today with your full validating node.
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