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Author Topic: Bitcoin reaches 20-month high as classic-coup dies  (Read 1868 times)
1Referee
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May 27, 2016, 11:10:19 PM
 #21

Fallen to 470.00 exactly on Stamp now, I'm worried we might experience a dump over night, I hope not though.

No need to be worried. It's normal that we'll face some dumps after the price has gone up this much in a matter of hours. Some traders will grab this opportunity do take profits.
hacknoid
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May 28, 2016, 12:00:37 AM
 #22

Really 20-month high? It was around 21-Jun-14 about 20 months ago. The price was $600+.

We did briefly touched $500 in Nov-15. I think it should be 5-6 month high.

I guess 19 month high then, I just estimated from looking at chart. 5-6 months ago that was only very short, few hours or days at most so I dont count that.

Just look at the volume weighted average and that makes it clear.  Indeed, it's been 20 months (Sept 16, 2014) the last time we were higher.

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600watt
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May 28, 2016, 04:07:05 AM
 #23

Fallen to 470.00 exactly on Stamp now, I'm worried we might experience a dump over night, I hope not though.


don´t worry, mate. this time it is differentTM
coinmall
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May 28, 2016, 04:11:01 AM
 #24

Fallen to 470.00 exactly on Stamp now, I'm worried we might experience a dump over night, I hope not though.

don´t worry, mate. this time it is differentTM

most times, it's no different. until it is... Wink
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May 28, 2016, 04:12:09 AM
 #25

I wouldn't correlate this with classic failing. We knew it was going to fail from early on anyway. Parties that have an impact on the price including most miners decided to block classic anyway so I find it unlikely that the recent price rally has anything to do with it.
danielW (OP)
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May 29, 2016, 12:45:00 AM
 #26

I wouldn't correlate this with classic failing. We knew it was going to fail from early on anyway. Parties that have an impact on the price including most miners decided to block classic anyway so I find it unlikely that the recent price rally has anything to do with it.

I think the price has been very low for about 1 year and the infighting and classic/xt thread kept it down.

With that threat seemingly gone the way is open to moon.


Time to rejoice, the future is bright, Bitcoin core development is moving at a feverish pace.

Strap yourself in!!

Last time i listen to you, OP Angry

I hope you didnt listen to those classic shills? They have history of being wrong about everything! They will cost you your money, bad crowd.
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June 20, 2016, 11:02:33 AM
 #27

At the moment there is no classic-coup. I am a supporter of Core, but I want the block size to increase soon.

There is big congestion in the bitcoin transaction. I think the block size has to increase to 2MB or higher soon.
apriyoni
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July 05, 2016, 05:25:05 PM
 #28

At the moment there is no classic-coup. I am a supporter of Core, but I want the block size to increase soon.

There is big congestion in the bitcoin transaction. I think the block size has to increase to 2MB or higher soon.

I heard in the Hong Kong meeting, some Core members agree to increase the block size to 2MB in July.

If the bitcoin wants to give good user experience, it has to increase the block size and reduce the confirmation time.
Eugenar
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July 09, 2016, 10:35:56 AM
 #29

At the moment there is no classic-coup. I am a supporter of Core, but I want the block size to increase soon.

There is big congestion in the bitcoin transaction. I think the block size has to increase to 2MB or higher soon.

I heard in the Hong Kong meeting, some Core members agree to increase the block size to 2MB in July.

If the bitcoin wants to give good user experience, it has to increase the block size and reduce the confirmation time.
I agree with you. I guess they should make the confirmation time to be done within 10 mins. If the block size would be increased too, I guess that will cause a very big pump well only time will tell.

Confirmation with 1 to 2 blocks is fine with most people. So the Core should increase the bock size soon.
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