no bulltrap? Huobi slippin
yet there's a lot less ask's then there are bids, but they keep dumping. strange. chinese exchanges might dip pretty low, for a moment, but stamps will not follow, then all chinese exchanges should start to see demarictly less volume, and have price stabilize near stamps price. thats my best guess I don't agree with you, the price will crash and I am afraid to confess that I wish if it does ASAP, the soonest it does the soonest we can clear things out and go forward, until then we are just playing a painful game. |
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Confirmed!  Will the price get lower the higher i get? try it out and let us know about the results  |
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a post few pages back reminded me of a question, so what are some of the wrong reasons to get into Bitcoin ? because I saw many people trashing members who want to make profit, I am not here to see my investment going to 0 and I am 90% (10% experimenting) into Bitcoin to see my investment go up.... the difference is as a speculator, I additionally do work around Bitcoin and search ways to improve it, I even quit my job to find out what best I can do to help the infrastructure and by that, I Indirectly give a bump to my investment (and yours). Profiting is the Biggest factor that will help boost adoption, now greed is something to worry about, some members has to stop being fanatics, use common sense and work smart (not hard but smart) and you will succeed in everything you do. another reminder, think about this, for Bitcoin to succeed, the Price has to go really high, think of a 1 million dollars, otherwise, simply the payment network wouldn't work when it is widely used, let me explain: imagine that Bitcoin went mainstream, and lets imagine that there is only 20 user around the world who wants to make a transaction of an average of $100K (ignore all other transactions and hoarded coins), now if Bitcoin is worth $10 how hard the transaction of $2M will it be ? let me tell you, really hard...they would need 200K BTC and we are talking about only 20 users, now if we compare that to VISA or Master card networks that make thousands of transactions a second, Bitcoin would fail as a payment network and wouldn't be able to compete with them. dont worry, Visa and Master card are purely payment processors, and Bitcoin is more than that, "currency" (not yet legally defined yet) is only one application of the network, so a Bitcoin holder have more options than VISA card holder (yay like no one knew), what does that mean? so more users means Bitcoin's price have to go up (more profit), and this is by design. unlike VISA when more users means more money for the Company and less for the users... it sounded like a ponzi scheme ? or a pyramid ? well nope, because no one is promising anyone anything, and because anyone comes in today will profit and all comers will profit, it just have to keep going to the point where is no last one ( you know what that means)... I know this is off-topic, but just something worth mentioning, when the price is going down and you fell weak think about what I wrote.....I think I will write a longer detailed post in my blog about this |
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A piece of advice for all you newbies out there. Whether you possess BTC0.001 or BTC1,000; there's only ONE perfect moment which you should sell your BTCs:
NEVER.
Cheers.
Except that you have been shouting about the same thing at 1100,1000,900,800,700,600,500, and now, and allways call the moon, you should change your address to "to da moon" why would any newbie listen to you ? |
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Volume is still really low, 30K on stamp is nothing, add to this the small number of instant buy orders VS the huge amount of instant sell orders, this is all yelling for a just starting crash, if I have to guess I would say $300-350 is the new bottom...
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I've just mistakenly put an order at 6.15$ on btc-e, is that a sign?   LTC ? well $8 seems really possible, $6.5 seems like a real long shot, but you never know, LTC go extremely both ways up/down. |
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This day would have been perfect if I just woke up to have a piss like I usually do each morning use a Bitcoin price alarm, it is annoying but I find it useful |
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Volume is till not acceptable, a busy day with only 27K at Bitstamp, I am afraid we will go even lower...
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looking at Bitstamp's volume, around 27K.... still not impressive, I am afraid that we are going even lower, lower than $380....
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I agree on the next bubble appearing between May-November, but the market show a real low sentiment for a bull move, people seems uncertain about China rumors.... if the past weeks is any model to the price movement I would say that we will stay in this downtrend channel with ups and downs till mid-end of April.
I am just frustrated, I cant really understand the behavior of this market the last weeks, anything comes out of china causes a panic, I would suggest a new low if we continue this way, but I wouldn't advice anyone to trade this out, never catch a falling knife... the uncertainty makes the risks vs reward high enough that it putts me out of trading.
conclusion: we are getting really close to a real reversal, so if you really don't need the cash try to keep out this one.
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I think people are trading/selling because of fear, only a small fart from China is needed to bring the price down, I am getting sick of watching the price, I think people will still panic because of the uncertainty, no matter what others will tell them....
it is just humans being humans, I will guess that we will trade in a down trend waves through mid-end of April, just then people get confidence back, unless some official statement from the central bank from china will be released.... what will be the low? I have no idea!!! looking at market sentiment I would say we will go lower than 400....
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for the people who didnt get the Devs Joke, I didnt copy that because I thought some will read the Github post, but I think most of people here spend full time only on speculation so here : CompatibilityGiven the moderate time frame over which this change is to be implemented, we expect all miners to choose to screw themselves and deploy this change before 2214. If they don't, and a minority remains on the old code base, a fork may occur. Essentially, they'll be mining fool's gold after that time. also Hi all, I understand this is a controversial proposal, but bear with me please. I believe we cannot accept the current subsidy schedule anymore, so I wrote a small draft BIP with a proposal to turn Bitcoin into a limited-supply currency. Dogecoin has already shown how easy such
changes are, so I consider this a worthwhile idea to be explored.The text can be found here: https://gist.github.com/sipa/9920696Please comment! Thanks, -- Pieter |
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Guys did you read what Pieter Wuille Bitcoin dev wrote ? I have no intention to make any fud but Bitcoin generation maybe not limited to 21 million as sopposed to be, they still dont know how the client will behave when they reach the last Block reward, and they think it will start over from 50 BTC.... https://github.com/bitcoin/bips/blob/master/bip-0042.mediawikiAlthough it is widely believed that Satoshi was an inflation-hating goldbug he never said this, and in fact programmed Bitcoin's money supply to grow indefinitely, forever. He modeled the monetary supply as 4 gold mines being discovered per mibillenium (1024 years), with equal intervals between them, each one being depleted over the course of 140 years.
This poses obvious problems, however. Prominent among them is the discussion on what to call 1 billion Bitcoin, which symbol color to use for it, and when wallet clients should switch to it by default.
To combat this, this document proposes a controversial change: making Bitcoin's monetary supply finite.
Details
As is well known, Satoshi was a master programmer whose knowledge of C++ was surpassed only by his knowledge of Japanese culture. The code below:
int64_t nSubsidy = 50 * COIN;
// Subsidy is cut in half every 210,000 blocks
// which will occur approximately every 4 years.
nSubsidy >>= (nHeight / 210000);
is carefully written to rely on undefined behaviour in the C++ specification - perhaps so it can be hardware accelerated in future.
The block number is divided by 210000 (the "apparent" subsidy halving interval in blocks), and the result is used as input for a binary shift, applied to the original payout (50 BTC), expressed in base units. Thanks to the new-goldmine interval being exactly 64 times the halving interval, and 64 being the size in bits of the currency datatype, the cycle repeats itself every 64 halvings on all currently supported platforms.
Despite the nice showoff of underhanded programming skills - we want Bitcoin to be well-specified. Otherwise, we're clearly in for a bumpy ride MOTHER OF ALL FUD! HOLY SHIT! WE MIGHT SEE 0.0001$ shame on you mmitech for spreading fud if this isn't completely made up FUD, at most this is a bug, one the dev caught 32 years b4 it would become a problem, devs will fix it and you will upgrade fonzie go take a chill pill. come on for god sake, it is screaming Aprils fool, so all of you can fool around and I cant ? |
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Guys did you read what Pieter Wuille Bitcoin dev wrote ? I have no intention to make any fud but Bitcoin generation maybe not limited to 21 million as sopposed to be, they still dont know how the client will behave when they reach the last Block reward, and they think it will start over from 50 BTC.... https://github.com/bitcoin/bips/blob/master/bip-0042.mediawikiAlthough it is widely believed that Satoshi was an inflation-hating goldbug he never said this, and in fact programmed Bitcoin's money supply to grow indefinitely, forever. He modeled the monetary supply as 4 gold mines being discovered per mibillenium (1024 years), with equal intervals between them, each one being depleted over the course of 140 years.
This poses obvious problems, however. Prominent among them is the discussion on what to call 1 billion Bitcoin, which symbol color to use for it, and when wallet clients should switch to it by default.
To combat this, this document proposes a controversial change: making Bitcoin's monetary supply finite.
Details
As is well known, Satoshi was a master programmer whose knowledge of C++ was surpassed only by his knowledge of Japanese culture. The code below:
int64_t nSubsidy = 50 * COIN;
// Subsidy is cut in half every 210,000 blocks
// which will occur approximately every 4 years.
nSubsidy >>= (nHeight / 210000);
is carefully written to rely on undefined behaviour in the C++ specification - perhaps so it can be hardware accelerated in future.
The block number is divided by 210000 (the "apparent" subsidy halving interval in blocks), and the result is used as input for a binary shift, applied to the original payout (50 BTC), expressed in base units. Thanks to the new-goldmine interval being exactly 64 times the halving interval, and 64 being the size in bits of the currency datatype, the cycle repeats itself every 64 halvings on all currently supported platforms.
Despite the nice showoff of underhanded programming skills - we want Bitcoin to be well-specified. Otherwise, we're clearly in for a bumpy ride |
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Vedno je treba preračunat, ne pa neki na blef pa bo kar bo.
rausvi15 si kaj razmislil koliko btc bi ob menjavi dobil če bi namesto minal s precenjenimi drago kupljenimi minerji izbran kovanec preprosto kupil? Pomoje bi dobil par 100% več. V vsakem primeru pa si špekuliral in ti je v tem primeru ratalo, kar ti na dolgi rok ne bo, niti ni rečeno da bo komu drugemu, ki bo kupil za 200% precenjen asic.
Glede minerjev pa vsak lahko prodaja za katerokoli ceno, ker je naloga tistega, ki kupi da si zadevo preračuna. Vseeno pa večkrat precenjeni minerji prodani svežemu folku, ki sploh ne ve nič meče mal slabo luč na vse skupaj, ker se kupcu nikoli ne omenja da mogoče bo pa minus. Jaz na vprašanje a se bo splačal vedno odgovorim z "ne vem", na netu maš pa take oglase, ki so zavajujoči do konca v stilu "find a bigger fool".
Miner je vreden toliko, kolikor je njegova pričakovana donosnost v življenjski dobi, zdej je pa na folku, da ocen kok je to, zato so bli tud pred letom dost dragi, zdaj ko je diff večji so se pa cene po GH močno spustile..
Se strinjam, kolikar pravijo "with a risk comes a reward" lahko kupiš 1 BTC za 480$ in če imaš srečo (vsi si tega želimo) bo cena zrastla 10x in si naredu lep dobiček ali pa ravno kontra in to tudi velja za mining, lahko pa tudi kupiš miner za 1 BTC in difficulity se bo umiril, čez nekaj mescev (kar mislim da bo) in namajnaš nap. 2 BTC in je še lepši dobiček, lahko pa tudi vse izgubiš. saj nihče ne ve, in zato imaš minerje in špekulatorje, to je zadeva preračunega rizika in nato odločitve... sicer, moje izkušenje so, vam lahko povem, da mislim je bolje biti miner kakor pa trader.... ker lahko veliko več izgubiš na eno slabo 'trading odločitev'... singular, nazadnje sem videl, da potrebuješ programerja. pm ali pa me pokliči, mogoče me zanima. |
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Australia is in the future.  what a thoughtful journalist, he posted an article in the middle of night, so I guess Breaking News " china bans Bitcoin".... really original... yet Chinese government didn't post a single thing about that, in fact they banned any 1st April financial related jokes.  |
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Source: https://litecointalk.org/index.php?topic=16820.msg152688#msg152688For the lazy ones:Hi all, Once again, thank you for all your contributions and support for Litecoin Core Dev. We understand that everyone is concerned about the April 15th news, however we have not received such Notice and we are operating as usual. So rest assured, users can still trade, deposit and withdraw as usual. And we would like to reaffirm that this will not affect our 1000LTC Matching Challenge, and will still be donating the 1000LTC as promised. We have also added the International BTCC Voucher option for our international users. BTCC Voucher is BTC China’s new CNY deposit/withdraw method, and it can be instantly credited into your BTC China account. With this new addition, international users won’t need to have a bank account opened in Mainland China to purchase BTCC Vouchers. Please follow the link for more information: https://vip.btcchina.com/page/notice20140328If you have further enquiries about International BTCC Voucher, please email voucher@btcchina.com Thank you BTC China Team |
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