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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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fallinglantern
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January 10, 2018, 12:27:12 AM |
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Good day gentlemen. I would like to bring your attention to this novel and innovative chart that has surely never been seen before on this forum:  Do you think that, perhaps, it might have some relevance to our current situation? |
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keyboard warrior
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January 10, 2018, 12:28:06 AM |
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Hey, Karma ?
It's me, BobLawblaw. That dude you've been pretty good to over the last decade or so.
I pulled my sell order. I'm sorry about that hubris.
Can we please not re-test $14,250 USD/BTC now ?
We good ?
Is the dip below $14000 your fault? Did you lose patience and decide to dump your coins instead of waiting for that sell order to get filled? |
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ragnar0k
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January 10, 2018, 12:32:22 AM |
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Someone is playing with us here
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jojo69
Legendary
 Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
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January 10, 2018, 12:34:39 AM |
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this is double plus ungood
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fabiorem
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January 10, 2018, 12:34:55 AM |
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Good day gentlemen. I would like to bring your attention to this novel and innovative chart that has surely never been seen before on this forum:
Do you think that, perhaps, it might have some relevance to our current situation?
Can you explain to me what this new and innovative chart be all about? I'm just a newbie and this chart seems very impressive trade theory. |
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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January 10, 2018, 12:37:45 AM |
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This is significantly not excellent *holds monacle*
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cAPSLOCK
Legendary
Offline
Activity: 3738
Merit: 5127
Whimsical Pants
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January 10, 2018, 12:38:01 AM |
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When bitcoin first appeared I imagined a world of peer to peer payments with no central institutions. LN is most definately not that.
The graphic tries to show how funding a channel is like funding a 'hot wallet'. A more accurate description is that funding a channel is like depositing money with a bank.
I always said LN will be supported by big money. No doubt there will be an epic pump, because 'scalability is solved'. I don't like it but I can profit from it. The original dream of bitcoin doesn't exist though.
Opsec, ease of use, familiarity and so on. There are masses of users who are not qualified to use bitcoin the way we do today. The lightning network will add a commercial element to bitcoin. And yes banks may end up forming and playing a part in these systems. But your grandad needs LN to help him transition in. decentralized and uncensorable does not exclude capitalists from trying to use the system to their own ends... in fact it welcomes it. But it allows cypherpunks to exist right along side. Think of the internet. You have a massive commercial and financial foothold, and then you have decentralized networks, projects like Firefox, WikiLeaks... Monero... There must be room for all. |
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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January 10, 2018, 12:43:10 AM |
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d_eddie
Legendary
Offline
Activity: 2492
Merit: 2899
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January 10, 2018, 12:56:46 AM |
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Tentatively climbing back up? A couple of my more adventurous limit buys didn't get filled.
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Deeyoh
Member
Offline
Activity: 258
Merit: 14
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January 10, 2018, 01:01:37 AM |
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Nice 500 BTC buy wall at 14,000 holding on Coinbase. Someone is giving away a lot of btc  |
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jojo69
Legendary
Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
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January 10, 2018, 01:05:55 AM |
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Tentatively climbing back up? A couple of my more adventurous limit buys didn't get filled.
we broke long standing log support its going to 10500  |
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Toxic2040
Legendary
Offline
Activity: 1792
Merit: 4141
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January 10, 2018, 01:09:30 AM |
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Nah...just needed a wee bit more nudge.
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Rosewater Foundation
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January 10, 2018, 01:11:01 AM |
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Tentatively climbing back up? A couple of my more adventurous limit buys didn't get filled.
we broke long standing log support its going to 10500  |
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d_eddie
Legendary
Offline
Activity: 2492
Merit: 2899
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January 10, 2018, 01:17:38 AM |
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14.2
Keep calm and BTFD
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Deeyoh
Member
Offline
Activity: 258
Merit: 14
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January 10, 2018, 01:24:55 AM |
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Never fear.. my wife has her .29 btc buy wall in at 14,100 |
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flashbit
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January 10, 2018, 01:29:51 AM |
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lol you guys still hodling bitcoins? brb while doubling my money with alts while drinking my beer
mr activity 10, if you think your alts will hold a btc crash you are going full retard hehe:) |
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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January 10, 2018, 01:35:39 AM |
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Want to add some insult to injury with a btc crash? How about an ethereum flippening.
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realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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January 10, 2018, 01:45:43 AM |
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The only advantages come either if you are a criminal or if you are a trader/investor/gambler.
or if you know even vaguely how the money scam works. Anyone interested in getting rid of the "money scam" is going to be buying silver or gold instead of a centralized, permissioned ledger, govt tracking system with imaginary, valueless tokens that are identical to the cashless society slave system TPTB want to put everyone in. |
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Poll
