TERA2
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Activity: 266
Merit: 222
Deb Rah Von Doom
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November 30, 2017, 05:14:09 AM |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Rosewater Foundation
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November 30, 2017, 05:16:52 AM |
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Starting to feel the same way as I felt back on the MtGox Peak in 2013. The world is mine... Too euphoric. Also seeing too euphoric comments everywhere... Hope this one will not end up like back then...
Yeah... I hate to also be that guy, but it does feel almost exactly the same: Nov 2013: Bitcoin dips from 800 to 600, then takes off. (First selloff) Check Nov 2017: Bitcoin dips from 8000 to 6000, then takes off. (First selloff) Check Nov 2013: Bitcoin breaks 1000. Euphoria ensues. Check Nov 2017: Bitcoin breaks 10000. Euphoria ensues. Check Nov 2013: Bitcoin starts jumping 8-10% per day. Check Nov 2017: Bitcoin starts jumping 8-10% per day. Check Dec 2013: Bitcoin hits 1150, then majorly crashes. Major FUD bad news that no one anticipated comes out of left field. Check Dec 2017:  ?? Well if history repeats, it's not like anyone didn't know...  Crossing my fingers that this time it really is different. So what's the problem? Hodl. If it is indeed a pattern, we just do it again in four years. At $100,000. While you are correct in that you'd just have to wait another 4 years to get a new all-time high, the answer to your question of what the problem is that it will burn a lot of innocent faithful crucial new adopters distributed across nearly every country in the world. This could be bad for adoption trajectory. The release of bitcoin futures that will be settled with no actual delivery of actual bitcoins may be the tool the central banks needed to subvert bitcoin into submission. It may take a couple of years where things are fine and dandy for them to establish dominant volume at first, but once the dominance is established, manipulate and subvert.If either or both of above are true, there could be scenario where a new ATH may become....much tougher... (im talking about getting past somewhere much higher than today....like 20k or 50k...passing any new ATH past here with high volume on bitcoin futures....not good) Comparing 2013 to 2017 is insane. Step outside. You'll see. We're trending just below the Donald and Theresa May. Bitcoin is on the lips of the world. Wall St. would be mental to short that action. |
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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November 30, 2017, 05:21:50 AM |
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People in 2013: "Comparing 2013 to 2011 is insane"
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Rosewater Foundation
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November 30, 2017, 05:22:47 AM |
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People in 2013: "Comparing 2013 to 2011 is insane"
your troll is lousy. that all you got? |
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Rosewater Foundation
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November 30, 2017, 05:24:37 AM |
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Pro-tip: anyone in here not impossibly bullish is out to get your coins. Full stop.
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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November 30, 2017, 06:29:35 AM |
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People in 2013: "Comparing 2013 to 2011 is insane"
I never heard that |
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savetherainforest
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November 30, 2017, 06:31:58 AM |
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[SPOILER ALTER!]  Too bad... the success rate is 3 out of 5 chicks will survive the fall and live a happy life. (And "YES!" ... you did made me look for the extended version to see if the damn 'duck' / 'bird' / 'chick' survived the fall.)
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pfrtlpfmpf
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November 30, 2017, 06:37:33 AM |
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We only have 21 Million. Minus 4 Million, or so. Never forget that !
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DARKHOLDER
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November 30, 2017, 06:39:51 AM |
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We only have 21 Million. Minus 4 Million, or so. Never forget that !
Next year 20k $??  |
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jojo69
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Activity: 3164
Merit: 4345
diamond-handed zealot
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November 30, 2017, 06:43:57 AM |
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pfrtlpfmpf
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November 30, 2017, 06:54:17 AM |
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Where the heck are we headed? And is McAfee still eating his dick?
Nope ! While that is likely true that he won't be eating his dick, it is also true that he doubled down - $1M by 2020 or else. Where ? no way ! I´ll back him up. 1 Mio by 2020. Easy ! |
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vroom
Legendary
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Activity: 1302
Merit: 1681
a Cray can run an endless loop in under 4 hours
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November 30, 2017, 06:58:13 AM |
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sorry, I missed that one. To many posts in the last hours |
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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November 30, 2017, 06:58:52 AM |
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Stiglitz gives the Noble price such a bad name. Not only because of these dinosaur remarks on Bitcoin but als his quest to abolish cash. The man sounds like a total aparatsjik.
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jojo69
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Activity: 3164
Merit: 4345
diamond-handed zealot
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November 30, 2017, 07:13:11 AM |
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sorry, I missed that one. To many posts in the last hours the forum is moving fast, I just thought it was funny we pulled the exact same headline out of it and yeah wekkel, his puffery about the function of government being to create the currency...for fucks sake totally morally bankrupt |
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Phil_S
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Activity: 2091
Merit: 1461
We choose to go to the moon
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November 30, 2017, 07:15:15 AM |
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Gone: https://twitter.com/WolfOfPoloniexDoesn't exist. I guess he couldn't bear it anymore.  |
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LFC_Bitcoin
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Activity: 3528
Merit: 9552
#1 VIP Crypto Casino
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November 30, 2017, 07:18:10 AM |
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Shit, EVERYBODY PANIC! SELL ALL DA BITCOINZZZZ |
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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November 30, 2017, 07:57:19 AM |
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According to some "the additude of bitcoin has changed"(tm) and it is impervious to corrections now, so I guess this is how the chart must look in the future.  |
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windjc
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Activity: 2156
Merit: 1070
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November 30, 2017, 08:11:50 AM |
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Pro-tip: anyone in here not impossibly bullish is out to get your coins. Full stop.
To wit, I just got an email from my accountant, where he playfully chided me for being too bearish on my estimates for hitting $8k then $10k  He also informed me he also accepts Bitcoin for accounting service payments now Reacharounds are still on the house, tho. Nice username. Although I prefer BobLobLaw or BobLobLawsLawBlog. |
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ironhide0991
Newbie
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Activity: 35
Merit: 0
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November 30, 2017, 08:22:03 AM |
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Coinbase is still "performing maintenance". |
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