but all this forking talk is premature, none of this crap really means anything untill someone gets at least 51%.. even then... IMO if its "meant to be" we will only tell 5-15% of nodes to "Fork-off" as we upgrade the system(whether it's BU or Segwit), so no biggie really.
I would not be so sure about that. The hashpower distribution seems to be dangerously skewing to bigblockers side:  Actually, all it now takes is to persuade a couple of big Chinese pools to change their signaling from "8mb" to BU, and BU activation threshold is almost reached. BU has no activation threshold. that too is market driven. IMO market won't feel comfortable leaving more 15% behind, we will wait for them to recuse themselves, for as long as we can. |
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It's a bloodbath.
What did you expect with huge fees and congestion of the network?
Fiverr.com just dropped Bitcoin as a payment method since fees are amounting to 20-40% of all bitcoin transactions.
Good Game, it was fun while it lasted.
The idiots over at Kore ruined this rally.
It's ugly, $1188. IMO, much of this can indeed be blamed squarely on those (core developers and miners) who just cannot seem to get their acts together and actually solve problems. And they keep saying Bitcoin is strong. Mmm-hmm... there is plenty of blame to go around. maybe we should blame BU for offering an alternative and confusing the issue. maybe we should blame the minners for refusing to vote. ( most of them seem to not care either way  ) maybe we should blame ourselves for being Convinced that we are DOOOOOOOOOOOMED if one implementation is picked over another. but its hard not to fault kore's epicly hardhead. |
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A hardforking is about as threatening as a well executed altcoin. maybe slightly more threatening if we are talking about a forking with <70% backing. but IMO, trying to portray HF as evil and a "huge problem" is going to cost you in the long run, feels like HF's are inevitable... ( its more or less THE design of bitcoin... the ability to HF 'forkoff' is what make bitcoin so special, is it not? ) if you are holder you have nothing to fear, you simply HODL, if you are speculator well then... get ready to speculate! HUGE wins if you pick the right fork and go ALL IN  but all this forking talk is premature, none of this crap really means anything untill someone gets at least 51%.. even then... IMO if its "meant to be" we will only tell 5-15% of nodes to "Fork-off" as we upgrade the system(whether it's BU or Segwit), so no biggie really. the price is tanking because the ETF might not get approved. and also probably because this thread... is... so... bitter? |
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I think this vector needs to be closed down with an automated algorithmic increase of some sort that will eliminate disagreements that can be used for social-engineering a fork.
If core hadn't been so obstinate in rebuffing community demands, BU probably never would have been implemented. Don't expect them to change course now. Even with the obvious state of The SegWit Omnibus Changeset never reaching the 95% activation level. Give it up with the propaganda, it's really sickening. You guys with your BU have shit the bed big time by trying to block natural open source development with political shennigans and now you don't know how to clean up the ugly mess. There were no reasonable "community demands" that could have been accommodated within the engineering constraints. Demanding that the 747 flies to moon on your way from NY to London is lovely but it's not happening in our lifetime. No one in Core is "being obstinate" they are simply saying it can't done like that. Peter_R is a complete charlatan, I wouldn't let him design a doorlock let alone network system engineer a centralised monetary system. dont worry, somthing like 90% of BU minning nodes are signaling 1MB EB anyway, so you'll be fine. |
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market is speaking to me, its saying "recommending all in"  |
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I got a bunch of work to do tonight. Submit grades, fill out a fellowship app, and record music... but each time a stamp ATH is set I am taking a shot
i hope you have a full bottle prepare to get wasted. fuck if i knew tonight was gonna be this nutty i would of bought a 12 oh well... |
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shouldn't we be worried about a double top right now? isn't this what all the tea-leaves warned us about?
no. |
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anyone else getting nostalgia from $32?
more like 1$ |
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i think short term we're going to 1337
MASSIVE green hourly candle to appear, right about now
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this is JUST the inevitable recovery, what comes next is a rally, and then a speculative moon shot.
>32,000$ in < 2 years.
TRUST ME
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time to go back to 1005 and land softly on 1000  |
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Okay so I'm quite convinced that the trend is gonna be bullish... but at the same time I'm expecting more dumps bottoming out a bit lower than the last one (around 960-970)... what are you guys expecting
for the next 72hours any deviation (up or down) from 1000.00$ will be swiftly corrected. during that time resistance will dwindle while support strengthens. after which we will slowly break away from 1000.00 into the 1020, and then 1040, and then 1080 and then BOOM overnight we are above 1200, and we continue to climb at steady pace. couple of weeks later the trend is unbroken, as we near 2000, BOOM THE ETF is approved, the crowd goes wild 2500 in <30 seconds. but then... well then.. ha... we watch as 300 billion dollars try to squezz into the tinny tiny ETF. Muahahahaha! |
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Whales seem so keen on having the price around 1000... some of these orders are ridiculous, right now there are about 500BTC for sale just above the $1000... and when the buyers start chipping into it, they get refilled to precisely 75.00000000 or 100.00000000... one is even 300.00000000. Thoughts?
From time to time, we get stuck at all kinds of price points.. you are reading too much into it if you think that $1000 has any significance beyond the fact that it just happens to be where we are at currently... and it is not a bad spot to be - even though there is certainly some dispute, too from some who think we should be above and others who think that we should be below. If one side prevails, then we will move off of this spot in either one direction or another... kinda hard to argue that 1000 is a perfectly random price point... 1000$ is a very nice round number,we've been talking about 1000 for years! buying below 1000$ and selling above 1000$ has been "the thing to do" and it remains the thing to do, only the spread has tightened. 1000 might prove to be crazy sticky. |
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I just dont understand why the price is not moving at all. Anyone have any input to why its just sticking around 1k? Its making me nervous lol.
its the weekend and also this? wild theory 999.99$ looks considerably cheaper then 1000$ ( subjectively speaking ) poeple buy 999.99 and the price moves to 1000's and they stop buying because to LOOKS more expansive this causes price to drop to 999.99 again and the cycle starts over. the market ITSELF is manipulating us  |
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Wild theory indeed... but something weird seems to be happening at stamp... Last couple of hours someone has been using 15BTC and 30BTC bids to push and pull the price a little bit... right now placing them a full 2 USD above any other bid, its pulling the price up to 1004. Due to my staggering lack of experience, no conclusions  just observation PS: first post, been reading along with you guys for a while, thanks for the useful info in the last couple of weeks PPS: the 999/1000 USD psychological effect was pretty evident as well, like killerpotleaf said a newbie who is NOT NLC this is Bullish as fuck. |
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So somebody at Stamp wants exactly $999.9999 (or er, exactly $1K) for like days.
Right guyz? Right??
For what reason, nobody seems to know.
Nope, not manipulated. Nope not at all.
Nope.
wild theory 999.99$ looks considerably cheaper then 1000$ ( subjectively speaking ) poeple buy 999.99 and the price moves to 1000's and they stop buying because to LOOKS more expansive this causes price to drop to 999.99 again and the cycle starts over. the market ITSELF is manipulating us |
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What do you think about the ETF brother ?
Are you aware that COIN ETF have a newly created official twitter accounted created the day before yesterday ?
Yes, I saw that. I don't know if it's just the Winklevoss bros jumping the gun. They didn't make any official announcement, nor has anyone else, and the hearing is still a month away. Maybe they have some reason to believe it's already been decided and are unable to say so, but I doubt it. Remember it's only social media. Anyone can post whatever they want. I'll just wait until March 11 to see, like everyone else. Hopefully by then we'll already be at a new ATH. But take care of something, we've deals with top-notch financial institutions, website, logo ... etc. ? Are they in for losing their credibility easily ? I understand that it's only social media, but why they didn't wait for the hearing at the 11th then create that account unless, in a way or another, they are sure they will have the ETF operated ?! their jumping the gun a little, but i think they have good reasons to be optimistic |
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typical weekend action ( or lack thereof ).
Monday it'll become more clear that sub 1000 is history.
i'm thinking new ATH by the end of next week.
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