The Germans don't want the EU to fail - it's too good a market for all their industry and they are slowly owning large chunks of it without having to actually invade anywhere.  

Conspiracy theories aside - the EU was genuinely (in part) set up to ensure we didn't have yet another catastrophic war.  And right now with Putin's Russia rampaging around the EU's edges, it's probably not a great time to take apart the EU as a united block - able to speak as one voice and use its trading power to curb his excesses.

Yes, it's screwed up and undemocratic, a flawed and rowing bunch of oddball misfits run by seemingly unaccountable bureaucrats.  But Yugoslavia used to be one country in Europe not so long ago and look what happened when it disintegrated. European countries at each other's throats cause a lot of trouble. EU trade does seem to have kept the lid on things for a while, which is why the EU's potential failure is a threat.

Brexit is probably as much at the centre of what is happening as the halving IMHO.  The coincidence of these two events' timing may well have a lot to do with why this rise is rocket-powered.

Yes but thats a stupid idea to release the coin right after the ICO. No price jump to be expected.
I understand that you wanna keep your commitments, but thats not the point when it comes to cryptocurrencies.

It's all about the hype and PR.

Look at LISK, shitty devs, shitty coin, shitty everything. Delayed the coin several times. And whats the result, 4500%+.
Why?
Because of PR and the feeling of the "lost chance" to invest during the ICO time!!

You have to understand that 95% are NOT interested in the coin but in the chance to make money! The product here is irrelevant.

What do you think about rise ? It's more better than lisk imho. 
Btw thanks for the article of coinspeaker.com

Once BTC price settles at halving, we see the real price of ETH

But traders only see money for now especially the day traders who are in it for quick bucks.

Lol, no one is going to dump LISK to buy Waves.

I think polo will never list Waves or Rise. They lerned the lesson with "whitecoin/blackcoin" issues.

Here's something I don't understand; the technical's show that BTC is going to go to the moon again.  But from a fundamental standpoint, who has the funds to be able to cough up $2000 just to buy half a coin?  And then there is the obvious likelihood that it will fall from several thousand back down to 900-1500.  

i don't think waves price will drop below ico price. what makes you think that?

You make great and valid points, however most people don't have money sitting in the form of fiat. In fact, most people don't have a (relevantly) postive balance on their credits and debts at all! And those who do usually have them tied up in other things.

For example, being a (slightly above) average joe, I own a house. I am actually happy that the mortgage on that is denominated in fiat, because that devalues relative to the value of my house.

Fiat money usually gets spent very quickly. With interest rates being what they are, it's just no use keeping it.

A lot of hard working people have put a lot of their money in this coin.
It's no surprise that after a missed deadline (they had to arrange this with the exchanges before posting a roadmap!) people get scared and start spamming the thread with FUD.

This thread is our business card for future investers and all i see is brainless FUD. Only the first 50 pages make some sense.

I'm starting to feel realy uncomfortable about the lack of transparency of the deffs. If they keep the news comming, they prevent a whole thread become a hatchery of conspiracy.

agreed for now bitcoin is not targeting global reserve currency status, but simply establish itself as a useful asset. %5 of gold is a nice target.

all i'm saying is i dont buy the idea that we CANNOT have stable prices with a fixed monetary supply. and i give a theory of how to achieve stable prices despite an unstable economic outlook.

frankly I find it silly to think you can have price stability in a fiat system, with so many unknown variables, How much QE will the fed do?
how much currency will there be 20 years from now?  the only thing holding the USD price stable is the fact its perceived as stable, it has NOTHING to do with its unpredictable supply. the idea that you can control prices by means of supply manipulation is a fallacy, it appears to work, but it only works because everyone believes it will.

lets not kid ourselves the USD is not stable because of this kinda shit:


fiat leads to speculative bubbles.
BTC leads to retardedly stable prices.

investing in companies will be less attractive in a system in which your money grows in value over time.
holding a BTC = holding a share of the economy as a whole.
holding a USD = holding a coupon with an expiration date.

its pretty clear to me which one is sound money and which one is make believe money.

its the normalcy bias at play.

poeple have always used dollars to buy and sell shit
you tell them bitcoin aims to displace the dollar, there normalcy bias kicks in and no amount of logic can convince them that things can and will change.
i think its fairly obvious that things MUST change, its a technical impossibility that fiat and the USD will be the reserve currency for ever.
but most poeple can't accept that, in their minds it has always been the USD and it always will be.
they can understand and even appreciate the idea behind bitcoin, but they can't accept that it has any chance of being anything more than a fun experiment.
their close mindedness will make them be part of the 99% that miss out being an early adapter.

these people might encounter bitcoin has a form of payment for there next IT job.
they will accept the job once they realize how easy it is to convert between BTC and Fiat.
they might even start spending some BTC directly for some neweggs stuff sometimes.
they might even see there BTC hodl value during a high inflation year ( -5% on the USD  in 2017? maybe!)
but STILL they will not believe BTC can displace their USD
because their brain strongly believes that because somthing has always been it will always be.

i read about bitcoin in a news magazine in feb/march 2011. no IT knowledge at all. i decided to invest $3000, price was around $10. boy, it was hard for me to find out how to set up an account @mtgox and how to wire money to japan. the money took ages to get there while price was rising every day. the day it arrived on my account was the day of the peak bubble. instead of buying 300 btc i could only get 120. i hesitated. price climbed like a rocket. so i bought 100 btc.

aaaaand… price stopped to climb. bubble popped. it went down for the rest of the year all the way down to $2. i had managed to lose $2800 on some japanese online scam. mtgox was hacked while the the price went down, i could´t access my btc. decided to throw my account details/password into the garbage and felt so ashamed that i told no one about it and forgot all about it for years.

it wasn´t until march 2013 when some customer walked into my store and talked about bitcoin. didn´t even rang a bell. when he mentioned mtgox i remembered this tokyo based online scam and told to him to shut up talking about this fuck-up. the customer insisted it wasn´t a scam. i googled it. he was right, mtgox was still around. price was around $68 WAIT…WHAT??  i felt even worse, having no memory whatsoever about account access.

the guy suggested to write to mtgox customer service. i did. fuckin 10 minutes later they granted me access to my account, 100 btc sitting there untouched for 2 years. i got hooked on bitcoin that moment.  

Don't worry, I don't think Bitcoin will ever be a "fiat vacum cleaner". Think of it this way....

There are 2 general types of "money" needed by advanced economies. 1 type that keeps prices stable (for trading) and one type that keeps the supply fixed (for store of value). The one that keeps prices stable is simply a way to denominate trades - it isn't actually "money" in the sense of being a bearer token like commodities, precious metals or cryptocurrencies. On many websites now you can even choose how to denominate your trade - Canadian Dollars, $USD, EUR, whatever.

Those trading currencies need to have a variable supply - like the USD. A fractional reserve system which inflates and contracts according to liquidity requirements. If you don't have that and use a fixed supply currency like Bitcoin for trading then half the businesses in the world will go bust and the other half will make supernormal profits which are not sustainable.

So I don't see bitcoin ever being used as a trading currency en masse. (You don't see prices ever being denominated in gold and neither did we when there was a gold standard). Bitcoin is a base asset which can be used to "back" trading currencies for example or facilitate the capitalisation of whatever markets, but I think prices will still continue to be denominated in prevailing regional currencies.

Fake volume doesn't count.

Seems quite often that when people encounter bitcoin for the first time, they think it sounds too good to be true, and they come up with a reason why it won't work.  A few years later, when they encounter it again, they are more likely to go for it.  That promises for the next bubble given the widespread media coverage in 2013  .  

I am still bearish for the very short term (next day or 2) though.