Sitarow
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Merit: 1047
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June 24, 2015, 04:11:32 PM |
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hd060053
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June 24, 2015, 04:18:13 PM |
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the mega whale is actively placing new 400 Walls and eating all the dumps. mb its no fake  |
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aztecminer
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Activity: 1092
Merit: 1000
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June 24, 2015, 04:36:09 PM |
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keep dreaming about greece.
Capital controls are coming. Greeks are loaded up on physical cash. If you run a business in Greece and depend on foreign suppliers, How will you pay them? You're gonna find a seller on localbitcoins.com and trade those euros under your mattress for BTC. hey billyjoe.. have you still been buying moar ?? |
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billyjoeallen
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Activity: 1106
Merit: 1007
Hide your women
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June 24, 2015, 04:53:34 PM |
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keep dreaming about greece.
Capital controls are coming. Greeks are loaded up on physical cash. If you run a business in Greece and depend on foreign suppliers, How will you pay them? You're gonna find a seller on localbitcoins.com and trade those euros under your mattress for BTC. hey billyjoe.. have you still been buying moar ?? Not lately, but I'm still margin long (if only slightly). |
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ChartBuddy
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 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 24, 2015, 04:57:09 PM |
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Sitarow
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Activity: 1792
Merit: 1047
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June 24, 2015, 05:14:16 PM |
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Sitarow, I've missed your commentary as of late. Any thoughts concerning what may happen over the next 60 days; especially concerning various exchanges, ny, & regulation? To me, it really is all feeling like the calm before the storm... Just wondering They finally published: Financial Services, Department of 7 / Regulation of the Conduct of Virtual Currency Businesses (A) http://docs.dos.ny.gov/info/register/2015/june24/toc.htmlMy long term outlook is optimistic as favorable reports of reaching a consensus as to block size is resolved. This result will help adoption of this technology to bring innovation to everyday interactions along with the emerging markets using the improved perception of blockchain usefulness. Todays cryptocurrency market and increased investment into startups is reminiscent of the internet just before the .com bubble. The next 60 days we should plan for an economic upheaval of sorts. Geopolitical events a decade in the making will take form as the global currency war will begin to openly effect the unbanked and those displaced by regional conflict. As institutions attempt to use blockchain technology will remain high risk. Steps to normalize trading practices will help mitigate fears. We should expect few successes and unfortunately more failures (those who arrogantly wish to circumvent the usefulness of the existing bitcoin network when implimenting their proprietary blockchain.) tl;dr Bitcoin technology adoption will keep pushing forward as we resolve issues block size, ease of use, institutional intigration. Uncertainty will remain as far as bicoins economic usefullness due to geopolitical issues that continue to stifle the global economy. |
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dakota neat
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June 24, 2015, 05:16:25 PM |
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the mega whale is actively placing new 400 Walls and eating all the dumps. mb its no fake the rectangular whale keeps accumulating  |
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tarmi
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June 24, 2015, 05:23:53 PM |
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Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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June 24, 2015, 05:28:07 PM |
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ejinte
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June 24, 2015, 05:32:25 PM |
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Good morning Bitcoinland.
5 days now going sideways in the $240s. Same slanted bidwall as last week.
Summer doldrums or the calm before the storm?
Hmmmm.
Did you have your coffee yet? |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 24, 2015, 05:57:09 PM |
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podyx
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Activity: 2338
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June 24, 2015, 06:13:37 PM |
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BTCChina Pool and Huobi Pool
 Any reason why F2pool wouldn't support it though? I don't think a fork would affect the price too much, other then possible bigger longterm gains of course. |
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Wexlike
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Activity: 1473
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June 24, 2015, 06:14:27 PM |
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The green wall of bitfinex looks really insane. It was going on for a few days, maybe all the bids are not fake in the end and it's "just" arbitrage with the swedish ETN?
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JorgeStolfi
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June 24, 2015, 06:34:26 PM |
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I find this post post about the spam test interesting. and I kinda agree. In fact, I think this proved that Bitcoin naturally responds to such an attack/transaction volume increase naturally and eliminates the problem. Transaction fees simply go up so people stop sending spam/dust transactions and only important transactions. This suggests a blocksize increase isn't necessary.
I see that as burying one's head 100 feet deep in the sand and laying down a foot-thick concrete slab on top. Transaction fees did not go up, because most clients were not prepared to upgrade their fees, and replace-by-fee is still not a common practice. Transactions that paid the standard fee got delayed for many hours. If the "attackers" had used higher paying transactions, then hiigher-paying transactions would have been delayed too. The "attackers" had intended to spend 5000 euros on the test, but their own BitcoinD servers crashed under the load and so they gave up after spending less than 500 euros. Even so, the large queues that formed at the nodes crashed Blockchain.info, knocked out bitcoin ATMs, caused problems for BitPay and other services. The small-blockians have no meaningful technical arguments against the block increase, so they are resorting to personal attacks on Mike and Gavin, and exaggerating the danger of a possible a split of the coin. Which would never be a real risk if they did not make such a fuss about the increase themselves. Again, I am each day more convinced that Blockstream had promised to their investors that the network would saturate in a year or two, and then the crowds would come knocking at their door for their Sidechains/LN solutions; and that Blockstream had most of the core devs, so that they could make the changes that they needed to the protocol while blocking any changes that their competitors would need. That would explain why they were so upset, and why they continue to oppose it when the major players have all agreed to it. |
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ssmc2
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Activity: 2002
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June 24, 2015, 06:45:18 PM |
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Kaboosh? Not so sure about that. Athey is essentially just a Ripple shill. I guess the only good thing about the video is there was some positive commentary on BTC. Of course, she failed to mention the major bullet points like digital scarcity and the fact BTC's network is decentralized but I'm guessing that's because she would have to explain what we need Ripple for then.  |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 24, 2015, 06:57:13 PM |
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jaberwock
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Activity: 2548
Merit: 1073
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June 24, 2015, 07:13:52 PM |
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WTF is going on on Finex  |
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Dotto
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Activity: 981
Merit: 1005
No maps for these territories
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June 24, 2015, 07:39:08 PM |
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The 2h graphic and the 1w graphic are almost identically fractal. https://bitcoinwisdom.com/markets/bitfinex/btcusdIf the fractal repeats itself, as fractals use to do, we would go to 10-20k region easily. In the meantime, just breath (and burn ALL the bears) |
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SmoothCurves
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June 24, 2015, 07:47:30 PM |
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The 2h graphic and the 1w graphic are almost identically fractal. https://bitcoinwisdom.com/markets/bitfinex/btcusdIf the fractal repeats itself, as fractals use to do, we would go to 10-20k region easily. In the meantime, just breath (and burn ALL the bears) Can you post a screenshot of this? I'm having a hard time seeing (tho not disagreeing) with 20k. |
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