What the hodl was that?
?? what did you see? A $600 rise on bitfinex in under a second. followed by steady volume for a few... Meh bitcoin just being bitcoin. Honey badger... |
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Bitcoin is the one and only original. If its price goes somewhere sub 3k it's probably game over. But it won't happen until all the knockoffs die first.
$18k -> $3k (6x) wouldn't be unprecedented. In 2011, we fell from $30 -> $2 (15x), in early 2013 from $250 -> $50 (5x), and in late 2013 from $1200 -> $200 (6x). If we get away with a low of $9k (2x) I'd hardly even call that a crash! Here are projected lows compared to historical crashes: 2x: $9,000 3x: $6,000 4x: $4,500 5x (early 2013): $3,600 6x (late 2013): $3,000 10x: $1,800 15x (2011): $1,200 I'm not even saying Bitcoin didn't have worse days because it has certainly been going through a lot and came out on top. This past year has been a gold rush for Bitcoin and if it did crash back down to really low prices I think it would destroy a lot of confidence in the market. People might discard it again. And I agree on another post that Bitcoin should be USED. It's the closest thing to digital cash I have ever owned. But the transaction fees have been way too high lately. That's why I like Litecoin.  That wouldn't be that bad. Get some attention off BTC and let the developers develop. Concentrate on the final product LN without all this BS that's going on now. |
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I know this is off topic, but it appears someone spammed the BCH mempool, recently. It appears some of the pools are electing to only mine 1MB blocks, others 2MB blocks and a couple the full 8 MB blocks.  https://cash.coin.dance/blockshttps://jochen-hoenicke.de/queue/cash/#24hWhat's the point of having big blocks when one of the mystery miners will only mine 1MB blocks?  It's relevant, methinks! BCH Peeps spamming the BTC mempool affect BTC price & movement, so turnabout is fair play. Especially after enduring all the Bcash & other altcoin garbage posted on this BTC thread... I'm waiting for them to remove the blocksize so i can store DVD of matrix in their blockchain forever! |
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Someone decided to cash out in the most retarded way  |
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BTC606 ask wall @ $17.500 on Finex oops OT
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I feel like if Cripple could get to $87B, then BTC should be able to get to $870B with its eyes closed
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Well how much liquidity are there in the market to offset these kinda of moves on Friday night the NYE weekend. That's a lot of coincidences |
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Are you not entertained? This is SPARTA cryptoland!! Just play fundamentals and make money on others stupidity
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^ lol, why is this guy trying to sell before the fork? It can't be as profitable to sell now than say Friday morning EST....
Which fork are we talking about now? It seems they keep forking faster than i can sell them. |
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BTC500 mini wall @ $15k is getting eaten on Finex
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So where are all the threads now about how it's going to $500K by new years?
Xmas time/holidays actual transactions are low and spam can't keep the blocks full. You might wanna ping your overlords to ramp up those spam bots. Otherwise, we'll see cheap transaction on the BTC again which would make Bcash redundant (and absorb its market cap) even before LN gets here (hopefully by end of '18) tl;dr need more real money to pay electricity bills for those bcash miners, and to fill up BTC blocks with spam pronto! Otherwise BTC moons |
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Why make the decision for the user, there's an ignore button that's just as useful, unless of course s/he manages to get another noob to quote him/her.
This is why DaRude. This is why. I would have to put everyone that quotes him on ignore too, which would be like half the people here... If you can abstract away all his PM shilling and antisemitism then it is not unusual that he brings sound arguments. I think as a smart person you should be objective and open to sound arguments that go against your opinions. You're giving him/her too much credit. When it's like a broker record with 50% of posts pushing PMs, 25% about how crypto currency is not decentralized, and 20% about killing jews, i really don't feel like sifting through all that crap searching for that remaining 5% |
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This doesn't have typical Ver and the Co. dumping feel. They're not doing huge market sells, but rather a stepped approach to maximize the profits Ver and Co. has unlimited funds as long as BTC continues to go up, if they already cashed out in this price range there are no more to sell perhaps this might be the reason mempool is going down  |
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Torque
When I first showed back up you gently, but firmly, advised me not to feed the troll.
I'm here to return the favor.
I'm done. By confronting the troll directly and him not directly answering my question, I think anyone else reading this thread will understand that he's just wasting people's time. But I ask you this then in return, why has he not been perma-banned from the WO thread? Or at least his posts deleted, if we ALL can agree that he's just a troll? Why should we all suffer this idiot whilst he constantly spams the WO thread with his drivel? i second that. infofront, ban him. Why make the decision for the user, there's an ignore button that's just as useful, unless of course s/he manages to get another noob to quote him/her. |
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Explain how I can securely send gold or silver across the world for payment without any friction/transaction fee or middleman to have to trust, or GTFOOH you idiot.
Trolllololol Lol. Not only did you NOT answer my question, you redirected it toward complete garbage. Classic straw man fallacy response. You need to go back to Troll school. They don't even teach this stupid tactic anymore because people see right through it. Trololol No you didn't. ANSWER. THE. FUCKING. QUESTION. IN. BOLD. ABOVE. OR. GTFO. Why are you feeding trolls? Are you trying to get on ignore list too? |
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Satoshi is this you? Have you been drinking with Loaded again? Where's Adam when you need him. Thinking now we're getting in the oversold territory blood is getting on the streets time to slowly start accumulating, set your bids gentlemen
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How does it feel to know that the whole Bcash one trick pony can loose most of its market cap the second Core feels that the benefit of raising the blocksize to 2mb outweighs the risk? That's their worst case scenario, and by the time 2mb is spammed to hell and people start bitchin' again LN should be right around the corner.
It is that fear that keeps me from shifting more of my BTC holdings to BCH. I believe that if BTC cannot raise the block size limit in the medium-term (3 - 12 months) then BCH will fully take its place as the dominant crypto. However, if BTC is able to raise the block size limit, I could see BCH dying. But I think the political machine that BS/Core built to prevent the block size limit from being lifted will come back to bite them. Why won't all the same arguments against a block size limit be used again? If BTC tries to increase the limit, will this result in yet another fork and another form of Bitcoin (e.g., will this next fork have replay protection or not)? Will that really work? Or will people just decide that BCH is the solution for lower fees and more reliable confirmation times? That would depend on Ver's pockets. If they're deep enough for BCH to come close to say ~40% and sustain it for meaningful period of time, that would put enough pressure on core to implement Segwit2x but on their terms and with their deadlines. If BCH stays at around ~10% they'll just hold out till the LN goes live. 2mb block would most certainly create another fork and with all of the money on the table you can be sure that there will be a well sponsored 1mb group to divide the community as much as possible. In any case i don't see any future for BCH once LN goes live, who would in their right minds pick a risky 0 block confirms over guaranteed instant LN? TL;DR Whatever market share BTC looses now to people who want low fees right meow would come right back once LN goes live. If BCH manages to put enough pressure on BTC they'll just bump the blocks to 2mb to hold off until LN goes live. In no scenario i see BCH still being a significant player once LN is out. |
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[ ... ]
I have done all this to date as a volunteer because I love bitcoin and hope to see it change the world for the better.
Do you honestly think that the motives of Jihan Wu and Roger Ver are to change the world for the better? Really? Have you followed their actions and their modus operandi? And you have decided to side with them and support Bcash? If that is true, then I'm afraid you are self-disrespecting your own achievements. It's sad, really... I communicate directly with both of them, have met both in person and had lengthy discussions with each. I believe they love Bitcoin for the same three reasons I do: 1. The technology behind bitcoin is interesting and novel; Satoshi solved a long-standing problem in computer science. 2. The adoption of Bitcoin would change the world for the better, by giving us a better form of money. 3. The potential to earn of a huge amount of money. How does it feel to know that the whole Bcash one trick pony can loose most of its market cap the second Core feels that the benefit of raising the blocksize to 2mb outweighs the risk? That's their worst case scenario, and by the time 2mb is spammed to hell and people start bitchin' again LN should be right around the corner. |
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The trolls are out in full force, must be getting close to the bottom
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