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1  Economy / Speculation / Re: Debunking the waste of energy argument against Bitcoin on: February 18, 2018, 10:06:17 AM
I´m tired of hearing the argument "but Bitcoin wastes more energy than
...
3. Fiat currencies are supposedly backed by the power of the state... meanwhile the US military consumes more energy than Bitcoin mining per year
(this is a comparison of the military of a single country compared to a truly global currency)


Yeah - I am waiting for the USA to replace their army by a bitcoin mining rig.
2  Economy / Speculation / Re: TREND IS YOUR FREIND on: February 06, 2018, 08:51:32 PM
We need it up, can't wait to enjoy the joy if trading again

What is stopping you from trading at this level?
3  Economy / Speculation / Re: TREND IS YOUR FREIND on: February 06, 2018, 05:13:58 PM
Trend is your friend - but which one? The one that in the span of a few years went from under $1 to the $7K now? Or the one that went down from neary $20K to current $7K? Or maybe the one that lead us from $6K to $7K in recent hours?
4  Bitcoin / Press / Re: [2018-01-28] The key to bitcoin’s next breakout may lie in Google search on: January 28, 2018, 07:04:53 PM
Ever since I have been here (that is beginning of 2011)  I have seen discussions about that correlation. Unfortunately it is useless as trading signal - because the searches are mostly trailing price not the other way around.

Not so long ago in a similar way 'scientists have discovered' the Willy Bot story.
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Next coin for a quick x5 is....: on: January 28, 2018, 07:01:26 PM
Personally I am betting on DPOS systems to be the next big thing. DPOS systems will not be as decentralized as current POW or POS systems - but solving the scaling problem will be a huge thing. I think people have not yet realized that DPOS solves that and when it becomes common knowledge they will go boom. Many people will shout about the centralization problems - but nobody will listen to them before the problem becomes evident and that will take some time.
6  Alternate cryptocurrencies / Speculation (Altcoins) / Re: EOS, Chines version of ETH, just goes wild. on: January 13, 2018, 08:58:39 AM
People wait for a special announcement: https://www.youtube.com/watch?v=zE_QRexLeco&feature=youtu.be

I don't know from where you take the Chinese link.
7  Alternate cryptocurrencies / Speculation (Altcoins) / Something going on with PeerCoin (PPC)? on: January 13, 2018, 08:12:39 AM
It slept like LTC for a long time and now boom. Any one can connect this to any news?
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency on: January 13, 2018, 07:43:14 AM
Has anything changed recently? Looks like PPC is rallying. Is it still centralized via checkpoints?
9  Bitcoin / Press / Re: [2018-01-08] Confusion Grows Surrounding Official Chinese Position Regarding BTC on: January 08, 2018, 08:47:15 PM
China government wants to take a part in anything that could replace dollar as the international currency, it also likes to be high-tech etc. But it also wants capital controls. Now bitcoin is approaching the scale where it becomes relevant for capital controls and as it is it can be used for sidestepping them. This is the conflict - there are also people who want to profit from any policy choice - but they need to construct their arguments so that they adhere to those two main goals. Governments could have capital controls over bitcoin only if they controlled all mining operations and required that everything goes into wallets operated by regulated companies. This would be quite ridiculous - but they could still pretend that they are pro-bitcoin.
10  Economy / Speculation / Re: Lightning Network was tested on mainnet today! on: January 04, 2018, 06:00:00 AM
 will it take off?
11  Economy / Speculation / Re: FUD FUD and more FUD on: December 29, 2017, 08:26:14 AM

"they" or "you" mistook it? it seems like you just shot yourself in the foot, or in other words you FUD yourself Smiley

the article clearly is talking about litecoin and creator of litecoin,  "creator of the world’s fifth-biggest cryptocurrency". the chart in the middle is even saying "Litecoin Rally".
on top of it there is 0 mention of Satoshi in the article Wink

You are completely confused - I explained how the FUD came to life - someone heard about the Litecoin creator selling all his coins and he thought it was about Bitcoin creator.
12  Economy / Speculation / Re: FUD FUD and more FUD on: December 28, 2017, 06:19:39 PM
They mistook Charlie Lee for Satoshi: www.bloomberg.com/news/articles/2017-12-20/after-7-500-rally-cryptocurrency-founder-sells-all-his-coins
13  Economy / Speculation / Re: The BTC Correction/Crash of 2017/18 is a CARBON COPY of 2012/13 on: December 26, 2017, 02:44:30 PM
In 2013 there were at least two more crashes - 10.04.2013 and 19.11.2013. Have a look especially at 19.11.2013 - what a crash 900 to 460:
And yet the rally was not over.
14  Economy / Speculation / Re: 45% drop - this is new territory, never seen before on: December 25, 2017, 06:21:16 PM


I don't really agree to your assumption that bitcoin never went such a dump in short time. According to this chart, there was a massive dump of 72% in 2010 and the last dump in November was also 30% in 4 days. There is nothing new in this dump. Yeah, the fall in USD must be quite high, but percentage wise it is just another dump.

This chart is amazing. Dump is the best thing that could happen to Bitcoin. We need that. We need separate the believers in a new world from those that only want another Ponzi scheme. We need that the dump closes some new coins and stupid projects. We need this blood and Red on the charts.

I don't know what exchange it is based on - but on MtGox (which was then the biggest exchange by a wide margin) the correction in April 2013 made the bottom in about 7 days (and was very close to the bottom in less than 3) instead of the stated 88 days. Also the minimum was about $50 instead of $63:


 https://bitcoincharts.com/charts/mtgoxUSD#igDailyzczsg2013-03-21zeg2013-07-20ztgSzm1g10zm2g25zxzi1gMACDzi2gRSIzv
15  Economy / Speculation / Re: Do you think the worst of the dip is over for the moment? on: December 23, 2017, 09:12:14 PM
There will be no new money on the exchanges on Monday and Tuesday -> less buying -> another dip possible

This could easily be the case new year is coming closer and people want to have nicet time with money they earned.

That used to be a common thing to expect a few years ago - always dips on long weekends. Now it is maybe a bit different - but still.
16  Economy / Speculation / Re: Do you think the worst of the dip is over for the moment? on: December 23, 2017, 06:38:40 PM
There will be no new money on the exchanges on Monday and Tuesday -> less buying -> another dip possible
17  Economy / Speculation / Re: Korea bans Bitcoin derivatives~ OUCH! on: December 14, 2017, 03:37:04 PM
Looks like they also banned banks from dealing with Bitcoin: www.thedailystar.net/business/south-korea-bans-its-banks-dealing-bitcoin-1504681
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: IOTA is the next big thing on: December 13, 2017, 06:19:22 PM
So it looks like there never was a partnership with Microsoft: https://thenextweb.com/hardfork/2017/12/12/iota-partnership-microsoft-marketplace/
19  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC/ETH ratio on: December 03, 2017, 07:26:39 AM
ICOing is dying - ETH is only following BTC in any rally - and then dumping more than it when it starts to dump. But there is a new hope in Kryptokitties - it is a really show off for Ethereum technology, and I have a feeling that it'll become a huge internet fad.
20  Alternate cryptocurrencies / Speculation (Altcoins) / Kryptokitties and ETH on: December 03, 2017, 07:12:46 AM
I am not buying it - just too silly - but I think many people will like the silliness, and it will be all over the net soon. And, after ICOs, this is another show case for Ethereum.
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