Everyone is talking about correction. Yeah there is going to be one, no doubt about it.
But whatever you feel like it's not going back to 1500$. So is it really worth to risk everything by trying to "see" a correction right now? :p
Just take a cocktail and ejoy the cool train to 4k$
I think people hoping for huge corrections are missing the boat on a daily basis. They are thinking in terms of linear growth. The logarithmic all time high still shows a healthy growth compared to the 2013 bubble. Once we get 2013 bubble mode activated then you can call it a bubble, and that means we could hit $8000. https://www.tradingview.com/chart/BTCUSD/pVzs1QFs-Do-not-think-in-linear-terms-when-predicting-bitcoin-tops/If only we could solve the scaling thing, $100,000 within a decade guaranteed. |
|
|
|
Hi everybody, in the 16 of this month i have sent 244 USD to a friend i wanted to buy something from him after 5days the btw come again to my wallet so in the night of 21 isn't him again 244 and after 3hours i log to my blockchain account so i found that another 244USD is sent to him with out my permission i don't understand why  and its still waiting confirmation I don't fully understand your post but it seems there was a transaction without your permission? In that case, you most likely got hacked and your blockchain.info account is compromised. Thought luck. There's nothing you can do once the money is sent out of the wallet because bitcoin transactions aren't reversible. Can you post the transaction id anyway? |
|
|
|
So it is O.K. for big mining companies to make deals without asking the community's opinion behind the closed doors but it is not O.K. to change the PoW algo to prevent these kind of situations.
I didn't sign up for a centralized piece of shit coin and a toy for big companies.
We must drain the swamp.
What are you specifically proposing? We change the PoW algo to something else... then what? For how long is the hashrate decentralized until china, which is positioned with a perpetual advantage due cheap electricity and cheap human labor, can develop again specialized machines for cheap and run them for cheap and keep staking more and more machines? You have to think about what you are going to do long term with a PoW change. Changing to some other algo is useless, we need something clever to avoid future miner centralization if we have to resort to that. |
|
|
|
You guys will never be happy. FFS How can you be happy with such cheap tricks? They are paying an alternative group of coders, they basically want people to ignore the Core team which is responsible for 100% of the code that has kept bitcoin safe for 7+ years, and instead get on board some idiots that have been parroting about how they have this Rootstock technology that will be awesome and have released nothing. They come across as the same scammy guys on Maidsafe. Anything that isn't lead by the Core devs is trash and you should be skeptical about it, and there are reasonable facts to be skeptical about this too. We need to solve this problem. I don't like UASF, but this is worse. |
|
|
|
|
The price is holding nicely above $2000 in bitfinex. Let's just hope the inertia brings bitstamp back to $2000. If we establish a good floor of $2000+ on all exchanges we are set, but people are dreaming about sub $2000 now which is good too.
About UASF.... i have been learning more, and I think it's a good idea. It may be a temporal pain in the ass, but good long term. Time to run an UASF node.
|
|
|
|
$2000 has been finally broken anywhere; bitfinex, bitstamp, btc-e.. you name it. We are oficially above $2000, but in the midst of the celebration, I can't help but think about this: Can anyone inform me with the latest segwith news?
I do not get it anymore.. When does it come?
No but Soon™ August 1st, 2017 UASF of SegWit. high probability of a fork in two chains. a ChinaBitcoin with no block limit soon after. on the other side a CoreSegWitBitcoin with a new mining algo soon after. no "the one and only" Satoshi BitCoin anymore forever. Im just thinking about what will happen soon with the whole segwit, UAF, Buggy Unlimited thing. We need segwit, but what if UASF fails? if we end up with several btcs.. its over. What about if we do nothing? if we do nothing, maybe Buggy Unlimited manages to gain traction due constant Roger Ver propaganda and higher fees and cheap transactions due Jihad blocking actual scaling (segwit) It's a tricky situation where both doing nothing and something has risks. |
|
|
|
|
And add it on the UASF webpage.
People are too lazy to read big walls of text. Create a nice and simple video that you can see and get all the needed knowledge and a tutorial in how to properly set the node and attach it to the UASF website.
There's lot of non technical people running nodes believe it or not. Im not that technical after all. If you want to get everyone on board you must use the video format.
|
|
|
|
|
Bitfinex has peaked at around $2033.7 as of right now. Bitstamp still stuck at $1974. Any clue on why the hell is this happening?
I heard Tony Vays said that Bitstamp is too low and not accurate.
Did Bitfinex fix his shit yet with the USDT problem? Maybe a good common wrong is an average of both of prices.
Anyway, the $2000 barrier was broken, that's huge news. I couldn't care less if it crashes, we proved everyone wrong by destroying the 2013 peak.
|
|
|
|
it seems like a short time frame to me and there don't seem to be many public declarations of support. it's an idea that only just seems to be spreading. let's wait and see.
I understand why some devs like LukeJR started to officially support it. They got scared that Litecoin may take the lead so they had to do it. Don't forget that BIP149 could be +1 year of waiting... There's a chance that this is a fuckup.. I want segwit but I hope they know what they are doing. It would be stupid to fuck the entire thing up in the process. If I run a UASF node can I somehow lose my BTCs if the person sending me is using the non UASF blockchain? i dont know how this works yet tbh. |
|
|
|
there is nothing worse than the bellowing of sold-out-early bulls, they make me sick (worse than bears I think) ... roach is our best example around here, still fapping hisself about selling out and going full fiat at $600 roach?
Nobody sold out at $600. I've been buying metals from $800 - $1600 and just made 600% on litecoin too. Anything I missed in bitcoin I already made up in alts. There's really zero reason to hold BTC over LTC right now either. Whoever buys this LTC double bottom will make far more money than anyone in Bitcoin. LTC could continue stagnating into nowhere land for all we know. I hope that is not the case, but looks like people couldn't care less about high fees and slow transactions. BTC is going to hit $2000 any minute now. It's time for you and the rest of people that sold ages ago to admit you fucked up. Every coin out there is measured against BTC, people are naturally talking about "sats", and BTC could profit from other scaling solutions that don't even need segwit such as atomic cross chain transactions with LTC or RSK, not to mention it continues being the conservative crypto investment because it's the most trusted one and everyone just copy-pastes code from Bitcoin Core. Of course there are reasons to hold BTC. |
|
|
|
|
BTC will be worth $1,000,000+ by then. It will have both the properties of gold and fiat thanks to second layer solutions. The idiots blocking segwit would have been weeded out a long time ago. Jihad Wu and Roger Ver will be in jail/broke due bad decisions along the way/scams. Bitmain will be bankrupt due AMD and Intel joining the mining game and deprecating their cheap chinese trash.
Countries like Switzerland will be tax havens for bitcoiners where they can pay 100% with BTC for everything. Of course cash will not exist by then.
|
|
|
|
This guy was always an idiot. Let's also not forget about Mike Hearn, Gavin's Andressen favorite bitcoin beneavolent dictator, and all the big block "doom is coming" FUDsters like Roger Ver which where claiming bitcoin would collapse ages ago if we didn't raise the blocksize immediately etc.
But Mike Hearn was specially notable since he went to work with the backs and R3 has collapsed already. What a doofus.
the mike hearne, gavin drama are and were distraction techniques. if you care to check, R3 dispersed because it was easier for them to work directly with hyperledger rather then have all the subsidiaries of subsidiaries of subsidiaries. as for the other dev's, they too are slowly tip toeing in the direction of hyperledger too. to them bitcoin is just an 'alpha test' project to show off idea's and skills before moving onto big money projects like hyperledger (the big bank network). this is why i am skepical and critical of blockstream, because if you follow the money an look at the origins of the projects and idea's and look at all their partners you start to see who has what fingers in what pies.. and you start to see they are not really 'bitcoin hungry'. they just see it as something to poke at with thier fingers at until they get bored and move on The only thing I see is core devs continue focusing on allowing people to rull their own full validating nodes, and the likes of grex maxwell continue delivering privacy friendly solutions and technologies (which would be activated with segwit). Notice how both segwit and conservative block size are privacy friendly and are getting threatened by the anti conservative block size, anti segwit agendas. It's obvious what's going on. Facts. You are just pointing at some conspiracy theory where Adam Back and everyone else go work with the banks, which is stupid because they would get killed in no time by uber rich bitcoin cryptopunks that have billions invested in bitcoin, if they try to betray bitcoin as a decentralized gold which is the top feature. |
|
|
|
But until now all we can see that even though backlog is increased in new ath level the price of bitcoin spikes to ath too. It seems investors they don't care about it.
It just means people that can't afford to wait and pay the fees are getting weeded out by the fee market. You can thank miners for that. We are not going to compromise the network's decentralization so Roger Ver can buy coffees on chain, it's just not fucking happening. Lightning network is for coffees. Activate segwit and have your god damn coffees. If not, then Roger Ver and co can keep crying all day on twitter. |
|
|
|
First I want to say bitcoin can not be stopped and will never go away. Thats said everybody says it is a huge problem with a backlog of about 200k transactions.
What would happen at 300k, 500k?
It looks like no amount of Roger Ver spam + organic growth is going to push the price down. People value being able to run their own full validating nodes way too much. I would feel pretty stupid if I was the idiot wasting so much money in spam transactions. Also mining empty blocks is pretty dumb at this point. No matter what they do, the price goes up, and BUGcoin futures are dead. |
|
|
|
|
This guy was always an idiot. Let's also not forget about Mike Hearn, Gavin's Andressen favorite bitcoin beneavolent dictator, and all the big block "doom is coming" FUDsters like Roger Ver which where claiming bitcoin would collapse ages ago if we didn't raise the blocksize immediately etc.
But Mike Hearn was specially notable since he went to work with the backs and R3 has collapsed already. What a doofus.
|
|
|
|
Jihan is blocking segwit which is the only scaling solution that could give us safe blocksize increases in the future and most importantly, full lightning network support. Segwit is already working on litecoin, and even in other coins that aren't as relevant because they aren't bitcoin clones. Where is the end of the world? Segwit is working nicely, lightning network transactions in litecoin are making history while this demon keeps blocking progress. fun fact: according to Greg Maxwell, segwit is not needed for LN. fun fact: according to Greg Maxwell, segwit is needed for LN to operate at full capacity and take advantage of all the interesting improvements in technology. We all know LN can work without segwit, but it sucks. Why do we always have to point out obvious facts to big block shills? geez. |
|
|
|
Jihan is blocking segwit which is the only scaling solution that could give us safe blocksize increases in the future and most importantly, full lightning network support. Segwit is already working on litecoin, and even in other coins that aren't as relevant because they aren't bitcoin clones (so if a segwit problem happened on those coins it wouldn't really be relevant but even there it's safe) Where is the end of the world? Segwit is working nicely, lightning network transactions in litecoin are making history while this demon keeps blocking progress. |
|
|
|
|
Altcoins are the paradise of gamblers, so it's obvious there's a lot of new money getting in in hopes of finding "the new bitcoin" that will go x1000 on their initial investment. They are complete idiots and are wasting their money since most altcoins will dump and stagnate into oblivion.
Some people will get rich by buying the right amount of some altcoin at the right time, but most will lose their BTC.
BTC is the only coin that has store-of-value characteristics. Everyone is after your BTC, so don't waste them on shitcoins.
Find some good investments. LTC is one of them as long as BTC has no segwit.
|
|
|
|
Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere
What is your response with this opinion?
It sounds good in principle, but you need to specify more. Decentralized onchain transactions are NOT cheap. Everyone cannot do onchain transactions if you want to keep the network decentralized aka affordable nodes. If you centralize nodes the network is no longer decentralized. The only way to get african poor people on board with the bitcoin train is through lightning network. And the only way to keep bitcoin as gold is to not centralize the nodes by raising the blocksize to an stupid level. |
|
|
|
Looks like there's a bunch of idiots out there that still don't understand Bitcoin's unique property is about storing wealth outside of the system, not paying coffees with it. This is good insight by Tone Vays: https://www.youtube.com/watch?v=Spm589JGcug&t=19m06sThe fact that they want to get rid of people being able to run full validating nodes with the excuse of paying lower fees kills the property of a real peer to peer currency/asset. Those that are getting paid to kill Bitcoin's network effect want to end Bitcoin's #1 property: a decentralized crypto wealth reserve. No one will ever trust crypto as a store of value if Bitcoin fails, which is exactly what they want. Wake the fuck up. Don't bring up satoshi said this or that, just think for once and look at the current state of things. Listen from 19 minutes to 25 minutes+ for some good insight. |
|
|
|
|
Show Posts
