*looking at the price...yep, still $6240...* *look away for a few minutes* *look at the price again...$6420*  |
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These single large pumps are not good indicators of a turnaround. High volume rise over the course of a day would do it. Not a single jump. Bitcoin is still under $10k  |
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I'm afraid...and I loath things.  |
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Price still under $10k... |
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I'm too dejected to come up with something snappy. Someone do me a solid, tell Jay to fuck himself with some style. k thx
Don't you know nuttin? Imitation is one of the best forms of flattery.  Jay, fuck yourself with some style. Oh wait, you already did. So. Many. Times. Another one bites the dust... Capitulation is seeming closer, no? Are there any bulls that are still posting in the WO thread today besides me? Perhaps, tentatively, we got bitserve, micgoosen, rayx12, torque, cAPSLOCK, fluidjax, RoomBot, Jimbo, and ________? Of course there are some other bulls who have just been silent in the past few days, but that would not necessarily change their bull status, right? I'm a bull but I try to hide it to show that we're all scared and in "blood in the streets" mode. I'm not very good at hiding it though. Is this the end of cryptography? |
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Pledges are now up over 1800 ETH. Getting close to the half way mark to 4000.
The new varyonomics part of the white paper is finished and just being made pretty now to be released soon.
It's in response to a lot of the big funds asking for more meat than just acting as a currency accepted by Blue Frontiers before they start bringing in the large pledges.
This July will be very interesting for the project.
Personally, after reading the update I want to get as many varyon as I can.
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Price down...forum full of bcash FUD...
I forgot what I was supposed to program my bot to do in this situation. Final indicator will be if I start getting some large buy orders on localbitcoins.
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Just had to post...  |
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All I know is bcash is down to .11 BCH/BTC. I was only selling my bcash at .2 BCH/BTC but may need to re-think that as I doubt it will ever come back and continue to wither away.
I'm all for people pumping it to get me more BTC but the more time passes, the less likely some alt coin is going to magically become Bitcoin.
With the amount of progress being made with Lightning Network I doubt people would drop it all once mass adoption begins just for slightly bigger blocks.
I was agnostic through the whole thing. My hope was that whatever choice was made, that everyone get behind one and we move forward in a disrupting way. The hard fork did not achieve that.
I believe that bcash has shown that hard forks will be a very difficult thing to do which I feel is a very good thing. The hard fork should be left for huge emergencies like finding a bug that makes Bitcoin vulnerable to collapse (as was done in the past). Upgrades should be done via soft fork if possible. This ensures that the bitcoin I own today are backed by the same algorithm (or very close to it) decades from now.
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A recent article I read from a helpful gentleman on here showed me how I can get rich quick (the guy they were talking about made 4,000 BTC and several million dollars).
I need to research how to make this thing called Xanax. And figure out this "Dark Web" thing too.
The link gives a rundown of all of the things you'll need to run this business. Money counting machine, shotguns, packing materials. So much information provided by that fellow. Good to know there are such nice people out there trying to help out when the price is down.
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More potential upside on the short term scale. #dyor Feels like the panic is fading. Moral is improving.  That ichimoku cloud looks promising. Haven't seen a green one for a while. |
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Did a quick and nasty chart to see how things would look if the pattern repeated 2013-2015. If the worst is that we hit a low of $4k and we're back at new highs next year then it's not that bad at all.  |
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All the major corps have huge tax avoidance schemes, most of their profits are in tax havens while they destroy ordinary people's jobs and force them into welfsre while the people in the middle have to pay for. It doesn't sit well with me, that's all. I don't want to pay more taxes, but the tax take is so reduced because the large corps and rich do not pay theirs - that I have to.
If there are places with lower taxes for these corporations to flow to...why is doesn't the US just compete and provide the same low taxes for everyone to flow to? Whenever I say we should end taxes all I hear is "what about the roads!?!". Then I hear, "corporations are being big meanies by moving to places with no taxes". To which I say...we should end taxes. The love of government roads (aka the very thing that causes millions of deaths each year) runs deep. |
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The US is creating its own financial instability with the huge debt it continues to ramp up ("Postal Inspectors and their law enforcement partners will spare no resource or expense to shine a light on the sale and distribution of illicit and dangerous items on the Darknet"). Everyone can just sit back and do nothing and it will all come tumbling down. It's just that some of us don't want to be caught in the rubble. Thank you for pointing out that Bitcoin does not need to be regulated, as good old police work can catch people doing bad things with bitcoin the same way they can catch people doing bad things with the dollar ($3.6 million in U.S. currency in the case of the article you posted). Bullish! |
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Which central bank?
Beneficiary Bank: Fio bank Beneficiary: CashTan Financial Services s.r.o. Beneficiary bank address: Fio banka, a.s., V Celnici 1028/10, 117 21 Praha 1 Account No.: 2601191382 |
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Good morning Bitcoinland.
I see we've got some more sideways... currently $6122USD/$8136CAD (Bitcoinaverage).
Ho freaking hum.
Bottom of the cup needs a good level base. |
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The way Waves DEX handles fiat trades is through a central bank.
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Looked a bit more into hodlhodl and it is a centralized site like localbitcoins but they use multi-sig wallets instead of holding your coins which is a decent improvement.
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My main reason behind all of this is because I currently live in a country that has a banking oligopoly (only 3 banks) which have basically forbidden any bitcoin exchanges from using their services (I've talked to a bitcoin supporter who works for the bank about this). People have to wire their money to another country, pay the horrible wire fees and currency conversion rates to buy bitcoins.
Most people globally that do p2p like on localbitcoins do so by charging a fee (a few percent) on top of the current price, then they go buy the bitcoins back on the exchange at a better rate.
The airport has said they would accept a bitcoin ATM but again, if you cannot convert the fiat back into bitcoins or vice versa then you are stuck with one currency or the other building up over time due to demand. The currency exchange at the airport charges 15% to convert currencies. The banks charge 20%.
If there was an in-between cryptofiat then locals could buy/sell the cryptofiat without risk of volatility while making money with fees. Once their money is in cryptofiat then they can day trade for bitcoin as much as they want. Sure they might do bank transfers or physical cash transactions but at the individual level the banks can't stop it.
I have sold locally on localbitcoins but I am the only listing. I only sell to get some cash for local purchases, but if someone wanted a high volume I would not be interested because it is too hard for me to turn it back into bitcoins.
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