Store of value ?

Hi chriswen, where do you find that info? i'd be quite interested to see more about that. Thanks

That bubble seemed pretty real to me !

In response to above comments  US$ is not real 'money' it is credit/debt notes which can be created from thin air. US $$$ are created by billions even trillions at whim of the fed. Don't give me this shit about US$ being real money. US$ used to try to to be real money with promise to redeem in gold. Since US went bankrupt in the 70's we've had fake money rammed down our throats. Now they are going to try and even ban the bits of paper so all will be controlled by the governments. Real money holds value due to scarcity, US$ has declined in value 98% since it was created. In fact central banks deliberately try to devalue it through inflation ('to help the economy'). US$ .. Real money .  

Did there not used to be a rule that newbies were confined to the Beginners section for a period of time. Has that been abandoned ? The speculation forum is plauged by regular new threads started by brand new 'newbies' accounts. They all appear to obviously be the same person behind these different accounts. Last one was called something like 'noone want this shitcoin anymore'.

Could we see the newbies again confined to beginners for initial period of time ?

I don't have a target but I regard bitcoin as undervalued. Particularly in the event that stock market eventually crashes (which it will), soverign debt failures, bank failures, more bailouts, more QE, as fiat continues a death spiral. Bitcoin, Gold and Silver will all benefit hugely. Stck up now while its cheap.

Ripples (xrp) are 100% created by RippleLabs (or whatever they are called these days), ie not mined or minted in any decentralised or fair way. I wouldn't buy xrp as investment. Bitcoin is still finding support along rising trendlines. Its all good.  

Its not ignored, if price dips below again I'll start looking at lower parallel trendlines. For now I don't think its needed tho

Price still bouncing up the trendline..

The end in sight yet ?

      

Make cash illegal. They'll never get away with it no matter how 'futuristic' they make it sound. I'll switch to dash if theres no cash

A picture paints a thousand words of what? Nonsense ?

Anyway what am I bothering to feed the troll for? Adios to this thread

Nice find  

edit:Wow this thread is from right at the first bubble peak.

I think this is same troll that was going on about low voume bull traps.

Anyway in response to OP, I think the market having low volume is entirely normal for one which is trying to find the bottom after a huge bear correction from an even huger bubble peak. Once it is confirmed which way the market is going next (up) then the voume will return. At the moment we are witnessing the end of dispair phase in which soon new green shoots of optimism will grow.

Yes I also don't really think its because that either to be fair.

Maybe paid to spread fud ?

Or Maybe just loves trolling ?

Or a little minnow who actually believes these comments can move the market LOL

Why do newbies hate bitcoin so much? Did you get in at the peak and full of loathing now ?

Bitcoin bagholders

Despite its peak at nearly at $140,000 in 2018 by the time 5 years is passed people will be proclaiming the death of bitcoin after its price plummets down to about $23,000. However there will still be diehards saying that the all time high can be broken and bitcoin will go to the moon. Hardly anyone will own whole bitcoins by then.

I don't know enough about the block size limits really but is increasing it just kicking the can down the road. Can we just keep doing that? A bit like how USA used to keep increasing the debt ceiling

I tried to pay for a VPS using mastercard the other day however my bank saw fit to block the payment going through, not only that they then blocked my account for suspicious activity and the fraud dept phoned me the next day. They even started asking for my details my date of birth etc even though they initiated the call which I of course refused to give them. Eventually after I called them explaind yes it was me trying to do the transaction, it wasn't suspicious etc they removed the block.

The fun part is after all that I noticed paying with bitcoin was an option for that VPS. I credited the account with appropriate amount of bitcoin and it went through virtually straight away. No hassle. No bank getting in the middle blocking what I want to do.

Point of all that is that as a payment mechanism bitcoin was far easier for me.

This doesn't even go into the value bitcoin gets from its other monetary properties. The thing I like best is that the quantity is not controlled by some centralised authority eg like XRP or like fiat dollars as a store of value bitcoin could turn out to be better than gold

  

Option A is closest to my own expectations. Very interesting analysis thanks for sharing that

So far the 'End of the Bear Trend' is still intact. Heres how its looking on latest chart from btc-e (log price scale)