This is how mainstream we are now.

A few days ago someone on my facebook list, non crypto, not BTCT member said we should "HODL!"     zomg

Your place or mine?

Threatening a bit of down again, what would be the correction that would make everyone happy?

Its not far off for me already. at somewhere between about 11-9

It dipped to 12.7 its trying.

Doesn't that deal also include unlimited "fresh" young boys?

If they can keep the boys fresh, maybe they can freshen up the virgins too. Maybe stitch on new hymens or something.

Personally I prefer experienced women who know what they're doing. Too much fumbling and angst with virgins.

Good thing too. At my age virgins are few and far between. Young stuff for me is what most here call milfs. Anything over 30 and before menopause is just dandy.  

So Cramer just admitted on cnbc that Bitcoin supply was a problem. Because it forces market makers to push the market as high as possible to "shake out more coins". But that's not happening. People aren't taking profits like they expected. He's worried that they'll have to push the Bitcoin market cap to $1T first before they start to see more supply hit the exchanges.

This is fkn hilarious. They can't just call up someone and whip up more stock shares (like they do when other equities launch!). He basically just revealed what everyone has been suspecting for a long time now, that the U.S. stock market is a complete fraud that only enriches the wealthy elites.

A trillion is only a tripling away.  You aren’t getting my coins for a tripling.  I’m looking 20 years out.  The problem is we believe and they don’t. Wall Street are the weak hands in this game.

Let's hear it for whale holders.

Every 1% rise is $10,000,000.00 earned for Bitcoin billionaires like the Winklevoss twins.

Add an extra zero for Satoshi, if he hasn't lost his keys. 

I love how your all online shopping for teslas n lambos while I'm sitting here on my 0.44 btc hoping for it to hit 25k or something crazy to make my life alittle smeg easier than living pay check to pay check 😂😪

I thought I’d share some of my stock market knowledge to help my fellow HODLers get a perspective on the CME futures that will be launching soon.
First let me explain a bit of history: in 1982 CME group launched futures on the S&P500.
What happened next? The stock market went on a spectacular run for 5 years until it eventually crashed in 1987.
Why does this matter for Bitcoin? Because I believe a similar story is about to unfold. This story is the fundamental story about adding leverage to a new underlying asset.
Bitcoin is a relatively “unleveraged” asset as compared to other financial assets. It’s new, it’s untainted. This is significant because of the mechanics of market prices and the future potential of market prices.

When something enters a levering stage, like Bitcoin is about to, the mechanics of the market are HEAVILY weighted to the buy side and not the sell side. Why? Because to be a seller you MUST be a previous buyer (or if you’re shorting, the supply comes from a previous buyer). This may sound weird, but the potential capacity to sell is a function of those who previously bought. This is why in an early market like Bitcoin it’s very hard for it to consistently fall as there’s not a lot of buyers yet built into the price. It takes years and years of accumulation and volatility to create a normalized market. When it’s new, especially pre leverage, it’s very easy to bid it up.
When the CME futures are added, it will likely lead to spectacular rallies, but you need to arm yourself with the knowledge that the eventual buying will plant the seeds of the future capacity to panic.

This is what happened in 1987: The stock market had a 3 day wipeout of over 22%. It took 5 years to develop the buy side enough to create the conditions for panic. This was caused by the CME futures in 1982.
Even since 1987, there has never been a crash of similar magnitude, because that initial levering stage was eventually normalized and a healthy market now exists on both bid side and ask side (sell side).

Why do I tell you this? I want to arm you with expectations to keep your wits when it all goes down. The crash on Bitcoin will likely be of many magnitudes deadlier than the stock market. We just had a 29% correction and it was frankly less than the last two. 20-40% corrections are standard in Bitcoin. When we have the futures levered crash, it’ll likely be 50-60%+. This will be hard on your psychological commitment. Prices do funny things to people’s perception, just like how BCH rose and now suddenly everyone thinks it’s a BTC contender. (Nothing’s changed, price was just pumped up and psychology affected.)

So first thing: prepare for that eventual crash, I suspect it’ll take 1-3 years to create the conditions for an extreme sell side due to leveraging. This sell will start and accelerate, hitting stop losses and margin calls, which is “mechanical selling”. The mechanical selling (forced selling) will cascade and create a feedback loop where more margin calls are hit, more stop losses, etc etc until almost all profits of the last year or 2 are wiped. Combined with the emotional panic caused by extreme falling prices, it will make people think Bitcoin isn’t real and abandon it.

Next thing: the 1987 crash, while devastating in many ways, was completely recovered by the stock market in 8 months. Seriously! The worst crash ever was repaired in 8 months and the market has been much more healthy since then. It is up dramatically since those days, and that crash was just a blip on the screen.
The same will happen with Bitcoin, but my fear is that crash will be worse than even wallsteeters can handle, and it may shake you HODLers to the core.
But if you understand that the powerful selling is just a function of the leveraged previous buying, it’s just fundamentally an opportunity.
I will ride this hard as we lever up, and after an extreme period of euphoria, when Bitcoin is on every front page, when every HODLer owns a mansion, when your government-loving socialist neighbour is asking for your help converting money to Bitcoin, I’ll be lightening up heavily, waiting for the crash. I will bet everything at the bottom of the crash, and sail off into the sunset a crypto-god.

Good luck guys. I hope you weather the next 1-3 years with great savvy.

So has anyone here actually treated themselves to anything after passing an arbitrary milestone?

Don't sweat it. The restaurant staff is organising a home invasion as I type.

Incorrect on both counts. I value the truth very highly, and I find your definition of centralization (well, your _apparent_ definition of centralization, as you refuse to define it) as useless.

As evidence, see the following:

Beware your message can be censored.

Yesterday I spoke in this forum about unconfirmed transactions to know if they were spam or not

All my posts have been deleted

PS: this post will be censored in 3 ...., 2 ......., 1 .......

Or a proper opaque blockchain.

Just sayin.

I think to evade US clutches you would need to fake your own death as a minimum. 

Bearstamp leading the charge back to 10K == bullish.

Countries that do _not_ have capital gains taxes; Switzerland, Seychelles, Hong Kong, Singapore, New Zealand, British Virgin Islands (other Carribean sweat holes too many to remember), Panama, ... i.e. there's quite a few if you do your research.

If exporting crypto from Coinbase to local wallet is considered a taxable event how much is a cross-chain atomic swap going to blow their tiny minds?

Dinosaurs, meteorites, asteroids, etc ... they should just run before they get smashed by a ball of fire impacting on their stupidity, exploding their evil, naked greed and lust for the wealth of others.

Does that include altcoins as well?

And what would happen if you bought stocks with Bitcoins?

I've often seen accountant types reckon that trading a crypto for another crypto is realising a gain and thus taxable.

As it's not possible to trade a share for another share, you have to turn it into USD first, there's not much of a precedent elsewhere so I've never been too sure about this.