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savetherainforest
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August 01, 2016, 06:01:18 PM |
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This looks so fake that my manly tits are tingly... I feel its gonna blow out of proportion soon!
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Hyperjacked
Legendary
 Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
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August 01, 2016, 06:15:11 PM |
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Someone getting 2 dump a few thousand btc yet?  |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 01, 2016, 06:19:15 PM |
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my fav bit. Bitcoin will have a hard-fork, eventually, I think. When bitcoin has a HF, there will be 2 chains after the fork and there will be 2 coins. It is almost guaranteed that some people will refuse the new chain and will remain on the old chain. There are enough people with significant amounts of bitcoin who will never agree to a fork and can afford to keep mining the old chain. Ethereum demonstrated this issue very well. In bitcoin it will be much bigger, because the “old” bitcoin may be worth as much as all of ethereum (1 billion USD). It will not undermine bitcoin’s value very much, but it will cause some chaos with users, wallets and exchanges. This is why a HF needs to be very carefully planned and executed with plenty of advance notice. We also need to learn from Ethereum and consider adding some anti-replay defenses to help users maintain separation of the two chains in their wallets. I think hes right eventually we will HF but hes exaggerating the possibility of a chain split as a result IMO. if Core is supporting 2MB hardfork when the time comes ( in like 2years? ), i dont see a chain split as a possibility. I guess maybe there could be some die hard group that rejects the fork with <1% hashrate...but its not like the HF is proposing to alter the immutable blockchain, or something equally ridiculous. I disagree with the idea of adding some anti-replay defenses, the other chain should be viewed as INVALID, and there's no use catering to an invalid chain... A 5%-hash chain of BTC will be producing blocks at something like ...200 minutes. And with difficulty adjustment in 10 months (which will not fix the issue) it'll be DOA. It would require proof-of-work change and diff starting from a lower point. So then you have 3 coins and the one is unusable. lol, didnt think of that, good point! the old fork can't claim to be the "original bitcoin" ( which is a silly claim since bitcoin is constantly evolving... but it might work on some poeple. ) because they would need to HF difficulty adjustment algo too boot. wonderfull. |
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rjclarke2000
Legendary
Offline
Activity: 1358
Merit: 1016
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August 01, 2016, 06:19:45 PM |
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What's happening guys? To be honest I was not expecting this much of a battering after staying at $660 or so for a fairly long time.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 01, 2016, 06:22:28 PM |
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What's happening guys? To be honest I was not expecting this much of a battering after staying at $660 or so for a fairly long time.
do you feel that feeling of impending doom? lots of people are feeling the same thing, thats whats happening... |
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Dafar
Legendary
Offline
Activity: 1330
Merit: 1000
dafar consulting
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August 01, 2016, 06:28:36 PM |
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What's happening guys? To be honest I was not expecting this much of a battering after staying at $660 or so for a fairly long time.
Unless someone knows something I don't, this seems like the post-halving dip that never happened, until now. We all got comfortable with bitcoin being stable at $660. Nearly everyone, especially Adam, were way too bullish.. it's about time bitcoin kicks them in the balls and gives everyone a reality check--- that bitcoin is truly unpredictable. It will make you think that you "figured it out" and then do something completely opposite of what you expect. |
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rjclarke2000
Legendary
Offline
Activity: 1358
Merit: 1016
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August 01, 2016, 06:33:13 PM |
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What's happening guys? To be honest I was not expecting this much of a battering after staying at $660 or so for a fairly long time.
do you feel that feeling of impending doom? lots of people are feeling the same thing, thats whats happening... I've been around for worse than this so no doom here, just slight disappointment and just wanting to bury my head in the sand and deny that the price is dropping. 500s will hurt. |
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lemmyK
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August 01, 2016, 06:34:52 PM |
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valta4065
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August 01, 2016, 06:40:31 PM |
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What's happening guys? To be honest I was not expecting this much of a battering after staying at $660 or so for a fairly long time.
Some down is always happening, it's necessary because some people sell coins from time to time ^^ The only important part is: GOING UP  |
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Hyperjacked
Legendary
Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
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August 01, 2016, 06:42:05 PM |
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Must admit I bought some on the dip with some profits...but I still think it going lower
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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August 01, 2016, 06:43:13 PM |
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Must admit I bought some on the dip with some profits...but I still think it going lower
Likewise |
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septian44
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August 01, 2016, 06:46:24 PM |
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feeling low price go to 599 heheheh no panic  |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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August 01, 2016, 06:47:37 PM |
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Sure good Bitcoin doesn't have a capacity issue.
Sure wonderful to see adoption and price reach new heights like this.
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Hyperjacked
Legendary
Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
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August 01, 2016, 06:49:04 PM |
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feeling low price go to 599 heheheh no panic I think if we do go below 599 that some ppl might panic sell and drive it lower... |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 01, 2016, 06:54:11 PM |
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feeling low price go to 599 heheheh no panic I think if we do go below 599 that some ppl might panic sell and drive it lower... hahahaha. ... fuck! |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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August 01, 2016, 07:00:34 PM |
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Where's Aztec? I finally understand that nutter.
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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August 01, 2016, 07:03:06 PM |
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This has been both egregious and preposterous.  |
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savetherainforest
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August 01, 2016, 07:26:10 PM |
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hmmmm... Today is weekly closing day... so they need a weird unknown number to end the day with 666$ before the pump.... So last time they tried to end the day on 660$ and the next week after on 663$ ... it didn't actually happened that way.. it was somewhere ~672$ because they had more lows and it made some weird median number of the average. And now I think they need a lower number like 615$ (that we had) ... and combine it with 680$+ .. so they can pinpoint their approximation to 666$ as accurate as possible. And I see posts are being deleted... ... The eyes in the sky Illuminati is watching on us to not cross the border in to the refugee free EUff-topic zone. |
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calme
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August 01, 2016, 07:33:06 PM |
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pretty sure it's a dick in the sky. i never delete posts when i'm a mod
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kobilica
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August 01, 2016, 07:49:05 PM |
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 This is today (hours ago) from Kraken. What is this? Top price of both candles were 589.30300€ Does this number means anything or is someone just fucking with my head? |
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