I think it is the multipools switching away from AUR when there is a spike in the value of other alts. Ranked no.158 and languishing at record lows in USD terms it is surprising that any miners are bothering with it, unfortunately. |
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So does everyone finally realize that the run up to $1000+ was fully because of fraudulent activity??? I still feel like we have a ways to go before we are back to a reasonable price for BTC. Might be $200's, might be lower.
the $1200 run was NOT fraudulent activity.. it was chinese activity.. which people in the western world then followed.. so not fraudulent, but speculative.. again for clarification mtgox did not cause the $1200 price.. china started it, mtgox, bitstamp, btc-e followed.. Two other significant events fed that rally. The US Senate hearings was major for the market, as beforehand people were concerned that they might try to stamp down on Bitcoin. However, they were open-minded about it. The Robocoin BTM at Waves Coffee House was a huge media event, surrounded by camera-crew and reporters, few of whom had a clue what they were looking at. One of them compared the machine to the appearance of the monolith in 2001 Space Odyssey. |
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Number of transactions is down. Bearish.
It's the week after Christmas ffs. Exactly. It's the least financially active week of the year! |
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I've heard rumors of a shoe-box sized heat pump with an output in the kW range.
A steel ingot fresh out of the furnace? |
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I'm curious about Factom. Mastercoin blog had it to be implemented on mastercoin chain, but every time Factom promote themselves on reddit, they never mention Mastercoin.
They studiously avoid mentioning mastercoin, and have detailed "factoids". So, although the master protocol gets leveraged, it looks like msc are abandoned. |
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Bitcoin is going to shine like a diamond in the midst of the smoldering wreckage of this god-forsaken SNAFU |
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 very simple indeed. A nation-renewing project, breaking the shackles of fiat, where registering the domain name for more than 1 year is thinking too far ahead. |
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Tough talking Putin had a meeting today with the press - but still failed to put the many billions of dollars worth of economic loss he caused. The people still suffer. All their shit worth $1million yesterday is now worth .5. "chained bear with no claws and no teeth" - lol What a fantasy that guy has. The whole fucking world is mad at him for taking Crimea - not just the US. He is so fucking jealous of the US it is pathetic.
Russians are such pussies or they would have replaced him long ago. He is a dirty player way past his manipulated term limits. How soft are the Russians? They stand by for this shit? How much can they take? They must like being cold and hungry.
Putin has complete knowledge of the state apparatus. Every morning he receives three folders. The first is domestic intelligence, everything happening within Russia, secondly, foreign intelligence (which must be a big read), the third is apparatchik contacts: who is communicating to who. Nothing significant happens without his knowledge. http://www.newsweek.com/2014/08/01/behind-scenes-putins-court-private-habits-latter-day-dictator-260640.html |
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I see the Ukraine incident as not giving a fuck/having power, not being corrupted. Can't really make an example of that.
Well you're right I guess, but Russia at least doesn't monitor me, who is not a citizen of it.
NAILED IT |
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I too hope Russian economy completely collapse. Gives the ppl the chance to rebuild their government. Its corrupted far too long.
Definitely nowhere near as corrupted as the US, or a few countries in Europe. Well never corner someone who has over a few thousand nukes, is my opinion. Well the news with Ruble is horrible, the people there suffer. lmao if you actually believe the US is worse than Russia in terms of corruption. Well, yes, that's what I keep telling myself, until I read the word "Corzine" again. |
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15k+ shorts on finex... squezeeeeeeeeee time   |
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But here's my bias based on psychology/sentiment: Pretty much the only thing that can calm holders nowaday is the notion that Bitcoin has never gone below the previous all time high in the following correction or bear market. Because of this, I think there are going to be a whole lot of "weak hands" in this area because it's so close to the 266 high.
I'll just point out that 266 was the fractional-reserve Gox high and possibly should be adjusted to account for such. Stamp's high was 259 which is probably more relevant, in hindsight. |
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Oh well, always next year...  |
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who's the next Fed idiot to come out and whisper, "QE".
They don't need QE anymore, they have the FDIC backstopping Wall Street's derivatives positions. Endless supply of Fed money can be laundered through the FDIC. |
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>1.8K in asks pill up at ~329
we're doomed!
When the last uber-bull throws in the towel, RALLY TIME! |
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he's getting destroyed with downvotes. Last time he apologized and explained his error. How many times can he do that? |
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...
I'm hearing that timeframe thrown around a lot (1 or 2 years).
It coincides with the next halving, to it's an intuitive fit. It also makes sense to see a long sideways (or slightly downwards or whatever) stretch as it usually happens in bitcoin after a huge runup has corrected. It also makes sense that it would take longer than in the past because the market has grown in number of participants, so it's quite conceivable it behaves more sluggishly.
However my gut says we'll see a substantial rise before 1 year has passed (i.e. in 2015). Not necessarily breaking the ath yet, but substantial. Why? Continual adoption plus the experience of the last halving will have the effect that more players will price in the halving sooner (or at all) than last time, so we might get an ignition before, not after the actual reward halving occurs.
...
I feel like the chatter about the halving has already started. Feels like early-mid 2012 in that regard. June 2016 still a way off. However, Namecoin is halving tomorrow which might produce an interesting market reaction (or not :-) |
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It'd be real interesting to see what kind of traffic bitpay gets from the MS site, but I figure it can't be bad news for bitcoin either way.
Acceptance-wise this is the biggest event in Bitcoins short history. But then again, every new event seems to be the most significant event for Bitcoin  Absolutely. Microsoft was famously late to the internet, and that hurt them for years. But it seems, with digital currency they are determined not to make the same mistake again. Major companies care about their reputation, even above some profits. So Microsoft have done due diligence and Bitcoin has been found worthwhile for them to engage with. Lots of companies will take note and seriously consider how Bitcoin can help them. International sales to emerging markets is an obvious growth area as the existing credit card and payments systems are inefficent outside the OECD. |
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