snip Member that? cofefeGandalf members. Dafukk I'm old SEND HELP!Back on topic*: Someone else smelling FOMO in the air? *kindof Not enough of it. That's a good thing, IMO. This is the time for for slow and steady gains - like the nearly 90% or so we've seen since the bottom, a couple weeks ago. |
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I see three possible reasons (or non-reasons) for the recent Monero performance: - 1. The recent rise in Monero is unrelated to MoneroV
- 2. Monero traders overestimate the number of people who will claim their MoneroV, and/or overestimate MoneroV's value
- 3. Monero traders are correctly estimating that a relatively large number of users will want to claim or buy MoneroV
It seems to me that the MoneroV launch will be a nonevent. They're less than a month from launch, have gained very little traction, and have provoked the ire of the Monero community. Judging by their reddit, twitter, and bitcointalk announcement thread, they have no community. Most people in the greater cryptocurrency community have never even heard of MoneroV. |
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The FBI loves to tout the terrorist attacks they've prevented...After they recruit and indoctrinate a young man, teach him how to make a bomb, supply him with all the parts, order him to use it at a particular place and time. Attack thwarted!
But when someone calls to tip the FBI off on a likely mass shooting...ignored. The Florida school shooting the other day was just one of several recent examples of this.
Perhaps they've devoted so many resources to entrapping people and undermining Trump, they can't do any real work.
/Vaguely Relevant Rant
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Let's assume (for the third or fourth time, I know) that this is the last time we see quad-digits. Dangerous, I know, but I get impatient. Since my last update, this means Da Bears only managed to erode into a single doubling floor, extending the $5k to $10k floor by 21 more days, for a total of 121 days since we last saw $5k. For reference, the Mt Gox correction eroded three presumed doubling floors ($640, $320, $160), taking over three years to reestablish these support levels. Projecting from trend, I'm thinking another 90 days until we establish $20k as a new floor, maybe around mid-May. $10k marks the 12th Bitcoin doubling floor since $2.50 in 2012. The shortest doubling floor was 39 days from $20 to $40. The longest doubling floor was 546 days from $80 to $160 post-Mt Gox. As a HODLer, I prefer charting floors vs all-time highs. ATHs are too transient and susceptible to FUD, making them more suitable for rektees traders.  Go Bitcoin Go!  https://bitcointalk.org/index.php?topic=2834180.msg29061043So, when are we going to hit $1,000,000? |
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...
Perhaps 2018 is bitcoin's 1994.
...By 1998 things had changed alot. Win 95/98 IE/Netscape made it much more useful and simple to use the internet and sites began to proliferate. I had dropped out to take a 35k job at a search engine optimization company (which seemed like alot at the time) that quickly went out of biz, but my connections from that job led to other connections that have kept me working for the 20 years since. tldr; if it's 1994, buckle up, things will be unrecognizable in 4 years. What would be our Netscape moment? Or AOL temporary dominance? Is Lightning a.k.a Netscape (without the IPO) and is Coinbase/Binance/Bitfinex, perhaps, the AOL equivalent? Or, would it be something else out of left field? As Andreas Antonopoulos likes to say, bitcoin is the internet of money. Currency is just the first app on the bitcoin blockchain. That's our killer app (for now). Lightning network will refine this and give us such innovations as "streaming money". So, perhaps an easy to use, LN based payments solution that changes the way we think about money will be our Netscape moment. The Death of AOL will come when people realize bitcoin is more than just currency. Just as people realized the internet was more than their AOL walled garden. For example, the BTC blockchain could replace 25% of our jobs within 5 years. IRS/tax authority fuckers, accountants, many attorneys, the secretary of state/DMV, registers of deeds, bankers, accounts payable/receivable people - Bitcoin will replace them all and then some. |
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Hopefully not to the tee. If the timeline was the same we'd be quite far off from mainstream adoption. Wouldn't mind seeing it a bit earlier than that. Wasn't the internet fairly unpopular until 2012ish and on? Don't really remember when it exploded anymore since I kept doing my thing unphased. Now that we have the internet, BTC will explode onto the mainstream much faster. Every year now will be like 5 pre-internet-ubiquity years. |
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The jerkoff above only has 3 posts. Don't feed the troll please.
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I have a bank account and some credit cards with just enough to pay the bills. The rest are in crypto. It's more convenient and you do build up a good credit rating or credit score if you pay off all your cards or keep utilization below 5%.
When you guys talk about credit utilization.... do you mean something like deferring payments instead of paying the bill at end of month? Never knew anyone that would do that. Looks suicidal considering the extreme interest. I would expect someone having to resort to that type of credit to be on the verge of bankruptcy already. Same with the people leasing or buying cars on credit (although I know some of those). If you have good credit, you can easily find offers of 12-18 months at 0% interest. When bitcoin began tanking last month I opened one of these. I did the same in 2014. |
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When BTC gets ~$16,000 and the altcoins are pumped again, we'll see some more crypto fever. If BTC hits the $40-$50K range in the next year or so, as some are predicting, you'll see a whole new level of crypto fever. Anyway, the party's just getting started.  |
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I realized something. Bitcoin is free from state control, right? The price is determined organically according to supply and demand, yes? And what happens after a sudden and rapid rise in price? After the boom comes the bust. Down to less than half of the previous high, and only now slowly climbing back up.
Many organic cycles in nature mirrors this, most obviously animal populations. And when you look at the human population over the past handful of hundreds of years, what do you see? Exponential rise, a rocket taking off. But the food supply is limited, and we will eventually hit a hard cap. We will top off at 9-11 billion people. And once we reach the top, what will happen? We will have some percentage drop.
I thought until recently that millions of people, perhaps hundreds of million, were going to die. But no. Billions of people are going to die. And there is a possibility that it will happen within our lifetimes.
I'm going to fucking bed. Hopefully I will have some less horrible nightmares than this.
Just go to bed...  |
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somebody please delete this shit
I've been deleting a lot of posts today. The big rallies always seem to bring the trolls out in full force. |
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What's up with wordy man being a dick lately?
I see only quotes, but he's become more and more of a dick as time goes on, since no one can reach through the internet and bitch slap him. Ignorance and Arrogance go hand in hand... I thought by "wordy man" he was talking about JJG. Me too. Was it someone else? I don't think so. There was a simultaneous conversation going on about Richard Heart, which had me a little confused. Furthermore, I propose referring to Richard Heart as Dick Anus from now on. |
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What's up with wordy man being a dick lately?
I see only quotes, but he's become more and more of a dick as time goes on, since no one can reach through the internet and bitch slap him. Ignorance and Arrogance go hand in hand... I thought by "wordy man" he was talking about JJG. he wasn't? I'm not sure of anything anymore.  |
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For some reason I think I am even happier at current price than I was when we crossed it last time. Anyone else with the same feeling?
I am struggling trying to understand why is that so. Maybe it is just me, though.
yes, I have the same feeling. Back in december it was pretty obvious that we will get a big correction. it now feels like a system reset, everything is back to zero. the "system" runs much faster and smoother now. But zero is not zero, it's over $9000! <insert vegeta meme>. $10,000 is no longer a 10x increase in <1 year, which was a bit of a stretch. Now $10K is a 50% retreat from the ATH, so it feels like we're just getting warmed up. |
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What's up with wordy man being a dick lately?
I see only quotes, but he's become more and more of a dick as time goes on, since no one can reach through the internet and bitch slap him. Ignorance and Arrogance go hand in hand... I thought by "wordy man" he was talking about JJG. |
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Sorry folks, I'm sure it won't happen again.  I figured you were Rosewater, but people treated him as a different person, so I was confused. |
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I wouldn't even care about BCash if it was just any other alt or fork. But the way they are willing to put trust in Bitcoin as a whole at stake for profiteering and/or egomaniac reasons is despicable.
Exactly. At worst, BCash would've been a interesting experiment if it had been done professionally and respectfully (i.e. not trying to steal Bitcoin's name, logo, and "brand). |
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Poll reset. Brag: I voted two weeks ago.  Do you mean to poll to be just for today? No. Changed |
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