ErisDiscordia
Legendary
 Offline
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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October 29, 2016, 03:02:42 PM |
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Are we having the 1000 USD/BTC party this time?
last time I was this close in buying the tickets but...
I'm still waiting for the party  |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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hmmkay
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October 29, 2016, 03:11:10 PM |
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Excellent rally.
Let's hope exchanges don't suffer any outages this time.
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calme
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October 29, 2016, 03:13:49 PM |
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oh, the rally started already? i just noticed a bit of a price increase is all.  |
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kehtolo
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October 29, 2016, 03:17:53 PM |
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No real pullback until 5000 / 737.. ish..
Then reset some indicators and continue on. $780 target - then 850..
I'd be happy to consolidate there for a while.. 1-2 months.. then steam on in Jan-Feb..
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Denker
Legendary
Offline
Activity: 1442
Merit: 1014
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October 29, 2016, 03:24:19 PM |
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Excellent rally.
Let's hope exchanges don't suffer any outages this time.
Don't even think about that! Stay positive! It's moon time pal!! We are ready to lift off! This time no "hack" will happen to stop us! |
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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October 29, 2016, 03:57:38 PM |
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Noo the price hath fallen to 710! Doom is near!
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Fakhoury
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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October 29, 2016, 04:06:02 PM |
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Noo the price hath fallen to 710! Doom is near!
Focus on Chinese price buddy  |
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Ted E. Bare
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October 29, 2016, 04:12:05 PM |
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Are there even enough coins for sale on the exchanges?
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4465
You're never too old to think young.
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October 29, 2016, 04:16:07 PM |
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Good morning Bitcoinland.
Just got woken up by the damned phone to see I just missed some exciting action.
The dust still hasn't settled yet but we seem to be catching our breath after a second fairly decent rise in about 12 hours... currently $715 on Bitcoinaverage.
Now let's see if it's time for the expected correction (back to $680?) or if we continue upward a while longer and set $700 as the new support.
Exciting times.
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DaRude
Legendary
Offline
Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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October 29, 2016, 05:22:58 PM |
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Are we having the 1000 USD/BTC party this time?
last time I was this close in buying the tickets but...
Due to recent development it has been moved to a $10.000USD/BTC party |
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DaRude
Legendary
Offline
Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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October 29, 2016, 05:24:44 PM |
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Are there even enough coins for sale on the exchanges?
Don't get fooled by the order book depth. Coins can get to an exchange within an hr. People got smarter (for now) and don't store (as many coins) on the exchanges |
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4465
You're never too old to think young.
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October 29, 2016, 05:34:39 PM |
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Are there even enough coins for sale on the exchanges?
Don't get fooled by the order book depth. Coins can get to an exchange within an hr. People got smarter (for now) and don't store (as many coins) on the exchanges Precisely. Why risk bitcoins when they can be stored safely offline until the last minute? Fiat on the other hand takes considerably longer to move and is less prone to hacking due to identity verification and the banking system. This is perhaps why upward movements are usually more gradual while dumps are hard and fast. |
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GreekGeek
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October 29, 2016, 06:51:22 PM |
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was bitcointalk down for everyone or just me?
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4465
You're never too old to think young.
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October 29, 2016, 06:57:47 PM |
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was bitcointalk down for everyone or just me?
It's not just you. I got steady 504 errors to the point of checking Twitter to see if Theymos reported a dDOS attack. He didn't post anything but that's what it seemed like to me. |
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European Central Bank
Legendary
Offline
Activity: 1288
Merit: 1087
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October 29, 2016, 07:17:11 PM |
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was bitcointalk down for everyone or just me?
yep. me too. that can only mean that this rally is serious. bitcointalk always craps out when things are going off. |
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GreekGeek
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October 29, 2016, 07:33:13 PM |
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was bitcointalk down for everyone or just me?
yep. me too. that can only mean that this rally is serious. bitcointalk always craps out when things are going off. let me put this here then before it goes down again All aboard people !!!  |
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4465
You're never too old to think young.
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October 29, 2016, 08:04:01 PM |
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All aboard people !!! Now you've done it. Here, let me help you jinx it.   |
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Wosterlee
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October 29, 2016, 08:30:25 PM |
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BTC pumps just like last year.
I think we might hit 6000 cny/825$ before a sharp dump to 650.
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European Central Bank
Legendary
Offline
Activity: 1288
Merit: 1087
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October 29, 2016, 08:35:41 PM |
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so how do we reckon bitfinex is gonna murder this run? surely it's too soon for another hack or outage. i'll expect something genuinely creative from them this time around.
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