Nights Watch by Afrikoin

[Hyena]

Humans also desperately fail to comprehend big numbers. Just because doing everything on-chain feels like it's not going to scale doesn't mean IT infrastructure is not going to support it. See the kind of data Google stores and processes every 10 minutes and think again whether 1 MB block size limit makes any sense or not.

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[Afrikoin]

regardless of the technical feasibility of on chain scaling,

the article is a misrepresentation, and intended. Is that what is has come to? Win by all costs? even at the expense of twisting words and misrepresenting facts?

Says a lot about Samson Mow and Blockstream and how far they will go.

The article was shocking. Anyone who has a decent technical grasp of bitcoin can see through the lies in the article.

A regular average joe reader could not tell the difference.

[Hyena]

regardless of the technical feasibility of on chain scaling,

the article is a misrepresentation, and intended. Is that what is has come to? Win by all costs? even at the expense of twisting words and misrepresenting facts?

Says a lot about Samson Mow and Blockstream and how far they will go.

The article was shocking. Anyone who has a decent technical grasp of bitcoin can see through the lies in the article.

A regular average joe reader could not tell the difference.

nice to see you using common sense to discern information. alan watts has taught you well, my friend

[bitserve]

Humans also desperately fail to comprehend big numbers. Just because doing everything on-chain feels like it's not going to scale doesn't mean IT infrastructure is not going to support it. See the kind of data Google stores and processes every 10 minutes and think again whether 1 MB block size limit makes any sense or not.

Google infraestructure has some minimal redundancy to achieve that scalability. Blockchain is 100% redundant by definition.

[Afrikoin]

[sickpig]

shout out to sick pig for contributing to BCC/ Bitcoin ABC

37:17

https://www.youtube.com/watch?v=By0w43NQdiY

;-)

[Afrikoin]

Goldman was right all along

$3676

[nanobrain]

Goldman was right all along

$3676

in a $100-off kinda way

suspect the city boys have never seen the likes

[Ted E. Bare]

Goldman was right all along

I don't think so. We go way higher.

Anyone still waiting for $800? ...

[600watt]

Humans also desperately fail to comprehend big numbers. Just because doing everything on-chain feels like it's not going to scale doesn't mean IT infrastructure is not going to support it. See the kind of data Google stores and processes every 10 minutes and think again whether 1 MB block size limit makes any sense or not.

yeah, other humans put out bullshit and when they get called, they chicken away.

$1600 you said?



muahaha muahaha

[Afrikoin]

There is an impulse form here as predicted, lovely proportions. Wave (v) is in wave iii, it could go between 5k and 7k. Then the question is - was that a primary wave down there (1?). that would mean a correction to 3-4k, and more bull, maybe an extension, even higher.

It might be sensible to assume that this wave v is the final wave, in which case it could go a bit higher that 7k, and the correction that follows could take some time.





If you have made profit from my analysis any tips would be appreciated to 1DyaSa53z1uVDgGN7D1rk7U2h9xLbR4q7v

[shannen87]

There is an impulse form here as predicted, lovely proportions. Wave (v) is in wave iii, it could go between 5k and 7k. Then the question is - was that a primary wave down there (1?). that would mean a correction to 3-4k, and more bull, maybe an extension, even higher.

It might be sensible to assume that this wave v is the final wave, in which case it could go a bit higher that 7k, and the correction that follows could take some time.





If you have made profit from my analysis any tips would be appreciated to 1DyaSa53z1uVDgGN7D1rk7U2h9xLbR4q7v

What about alts? Will the follow the BOOM?

[Afrikoin]

$BTC is making its largest monthly green candle in history.

[RAJSALLIN]

$BTC is making its largest monthly green candle in history.

have to think on log scale

[djuvantebit]

$BTC is making its largest monthly green candle in history.

Its massive, it won't fail to drive this bullish run not much resistance in sight. By the way nice thread you have here

[Afrikoin]

Its Goldman again!

http://www.plive.co.ke/bi/finance/finance-goldman-sachs-heres-when-well-know-bitcoins-top-is-in-id7144242.html

Bitcoin is experiencing a monster rally. It has gained more than 15% since Friday's close, topping $4,000, $4,100, and $4,200 for the first time before putting in a high of $4,216 a coin on Monday morning.
But that's only part of bitcoin's recent success. The cryptocurrency has seen huge gains since the August 1 fork that split it in two. Since bottoming at $2,643 a coin the day of the split, bitcoin has exploded by 57%, and it is now up 335% in 2017.
Sheba Jafari, the head of technical strategy at Goldman Sachs, wrote in a note sent to clients on Sunday that because bitcoin was approaching her target of $3,691 (which it has since passed), an extension wave five of this move could take bitcoin all the way up $4,827 before a correction pushes it all the way down to about $2,221.
Jafari isn't the only one who sees bitcoin approaching the $5,000 level. Arthur Hayes, the CEO of BitMEX, a bitcoin derivative exchange, expressed that view to Business Insider after last week's implementation of Segregated Witness, or SegWit, a software update designed to improve the coin's scalability and make it faster to process more transactions. "With Segwit implemented, I believe $5,000 bitcoin is within striking distance," he said.
Bitcoin enthusiasts, however, shouldn't get too excited about the big move up. Jafari warns that the gains are unlikely to last. She sees a drop of as much as 38.2% once the fifth wave is completed. That would mean a move back below $3,000.
"At this point, Bitcoin would have to move back under 2,935 (Jul. 21st high/top of wave 1/V) to signal that a top is already in place," Jafari wrote.

[Afrikoin]

[Afrikoin]

New Poll!


 

[RAJSALLIN]

New Poll!


 

You forgot answer 5 in the poll: "There will be no correction at $5000"

[Afrikoin]