Bitcoin Forum
June 25, 2019, 03:03:54 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: Closing BTC Price June 28:
$0 - 5 (3.3%)
<$7,000 - 4 (2.6%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.7%)
$8,500-$8,999 - 3 (2%)
$9,000-$9,499 - 4 (2.6%)
$9,500-$9,999 - 26 (17.2%)
$10,000-$10,499 - 23 (15.2%)
$10,500-10,999 - 12 (7.9%)
$11,000-$11,499 - 14 (9.3%)
$11,500-$12,000 - 14 (9.3%)
>$12,000 - 32 (21.2%)
>$20,000 - 13 (8.6%)
Total Voters: 151

Pages: « 1 ... 20679 20680 20681 20682 20683 20684 20685 20686 20687 20688 20689 20690 20691 20692 20693 20694 20695 20696 20697 20698 20699 20700 20701 20702 20703 20704 20705 20706 20707 20708 20709 20710 20711 20712 20713 20714 20715 20716 20717 20718 20719 20720 20721 20722 20723 20724 20725 20726 20727 20728 [20729] 20730 20731 20732 20733 20734 20735 20736 20737 20738 20739 20740 20741 20742 20743 20744 20745 20746 20747 20748 20749 20750 20751 20752 20753 20754 20755 20756 20757 20758 20759 20760 20761 20762 20763 20764 20765 20766 20767 20768 20769 20770 20771 20772 20773 20774 20775 20776 20777 20778 20779 ... 24325 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21242383 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (66 posts by 16 users deleted.)
bitChipper
Sr. Member
****
Offline Offline

Activity: 896
Merit: 290


View Profile
June 29, 2018, 03:21:53 PM

All shitcoins are slowly bleeding back into Bitcoin on every dip.   Cry

Deal wid it.   Kiss

IMO btc maximalism is bad for crypto...

Isn't steemit the most used blockchain in existence?

According to Tone Vays, smart contracts shouldn't even exist, would you agree?


Tone Vays is right but at this point it doesn't matter. They will exist anyway and many people get scammed because of that. This whole concept (ICO's and shit) will become a massive clusterfuck. (if not already)

Tone Vays also says most altcoins are scams and guess what? He is right again yet altcoins keep coming.

Well many people have already been scammed by worse things than ICOs (bitconnect) for example.

But if most altcoins are scams then that would mean there is almost 135b dollars propping up all these alt-coins. That's more than half of all the money in crypto, how am i supposed to believe that 60% of all the money in crypto is that clueless and invested in scams?

1561475034
Hero Member
*
Offline Offline

Posts: 1561475034

View Profile Personal Message (Offline)

Ignore
1561475034
Reply with quote  #2

1561475034
Report to moderator
COINSWITCH
Trade 300+ coins
No Login
No KYC
Get $5 on 1st order
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1561475034
Hero Member
*
Offline Offline

Posts: 1561475034

View Profile Personal Message (Offline)

Ignore
1561475034
Reply with quote  #2

1561475034
Report to moderator
1561475034
Hero Member
*
Offline Offline

Posts: 1561475034

View Profile Personal Message (Offline)

Ignore
1561475034
Reply with quote  #2

1561475034
Report to moderator
mindrust
Legendary
*
Online Online

Activity: 1470
Merit: 1425



View Profile
June 29, 2018, 03:28:15 PM

60% of all the money in crypto is that clueless and invested in scams?

Yep exactly this.

Just have some common sense and you'll be fine.
Torque
Legendary
*
Offline Offline

Activity: 1834
Merit: 1501



View Profile
June 29, 2018, 03:28:49 PM

But if most altcoins are scams then that would mean there is almost 135b dollars propping up all these alt-coins. That's more than half of all the money in crypto, how am i supposed to believe that 60% of all the money in crypto is that clueless and invested in scams?

I can create a cryptocurrency with 100 million dollar market cap with $1.

1. Create crypto

2. Pre-mine 100 million coins

3. Wash trade a single coin on a shady exchange in Korea or China for $1.

4. Boom, $100M market cap.
micgoossens
Hero Member
*****
Online Online

Activity: 728
Merit: 2189


When 10K Lets HAT up!!!!!


View Profile
June 29, 2018, 03:29:56 PM




Reading many BUY the DIP...... but who actually is increasing there stack's
i know i did for sure  Grin

So tomorrow i will drink a lebowski white russian to celebrate my  latest nice size BTC-increasing stash  Grin

join the train stay bullish keep thinking long term
bones261
Legendary
*
Online Online

Activity: 1596
Merit: 1618


My hat is in storage. https://ibb.co/YLkPgXb


View Profile
June 29, 2018, 03:34:01 PM

Isn't it amazing? THE CME June futures contract settles and we seem to get a little bit of a respite from the dumping. When exactly was it announced that the CME and CBOE was a go? I'm trying to figure out what price these MFs got their BTC to dump. Or are they just shorting it on the various exchanges with fiat as collateral? Or is this price movement just coincidence? Is there really any correlation here?
Rosewater Foundation
Sr. Member
****
Offline Offline

Activity: 392
Merit: 254



View Profile
June 29, 2018, 03:37:14 PM

a respite from the dumping

I don't remember this happening. When did this happen?1

1. Did this happen?
bitChipper
Sr. Member
****
Offline Offline

Activity: 896
Merit: 290


View Profile
June 29, 2018, 03:37:45 PM

But if most altcoins are scams then that would mean there is almost 135b dollars propping up all these alt-coins. That's more than half of all the money in crypto, how am i supposed to believe that 60% of all the money in crypto is that clueless and invested in scams?

I can create a cryptocurrency with 100 million dollar market cap with $1.

1. Create crypto

2. Pre-mine 100 million coins

3. Wash trade a single coin on a shady exchange in Korea or China for $1.

4. Boom, $100M market cap.

You could probably get passed step 1 considering you are code savy enough, I am not a developer but I imagine it's a lot easier to create a crypto than I think.

But if you just pre-mine a bunch of coins how would you ever get support from anyone or get listed? Who would support you're chain? You would have to be the only one mining it so it would cost a heck of a lot more than 1$.

I just think altcoins don't get enough credit, I wonder how many crypto enthusiast were brought in being exposed to a an altcoin first rather than bitcoin ?
mindrust
Legendary
*
Online Online

Activity: 1470
Merit: 1425



View Profile
June 29, 2018, 03:47:30 PM

But if most altcoins are scams then that would mean there is almost 135b dollars propping up all these alt-coins. That's more than half of all the money in crypto, how am i supposed to believe that 60% of all the money in crypto is that clueless and invested in scams?

I can create a cryptocurrency with 100 million dollar market cap with $1.

1. Create crypto

2. Pre-mine 100 million coins

3. Wash trade a single coin on a shady exchange in Korea or China for $1.

4. Boom, $100M market cap.

You could probably get passed step 1 considering you are code savy enough, I am not a developer but I imagine it's a lot easier to create a crypto than I think.

But if you just pre-mine a bunch of coins how would you ever get support from anyone or get listed? Who would support you're chain? You would have to be the only one mining it so it would cost a heck of a lot more than 1$.

I just think altcoins don't get enough credit, I wonder how many crypto enthusiast were brought in being exposed to a an altcoin first rather than bitcoin ?

What if the exchanges were the creators of these new alt-coins? Have you ever considered that possibility?  Cool
bones261
Legendary
*
Online Online

Activity: 1596
Merit: 1618


My hat is in storage. https://ibb.co/YLkPgXb


View Profile
June 29, 2018, 03:47:44 PM

What if BTC reach 5k$ and stays like that for, idk, 15 years?
No whales bs, no trades speculation, no any no-sense

Could we start spend it like if it was a decentralized cryptocurrencies?

Is this a possible world?

I doubt it’s possible the price could stay at $5,000 for 15 years. Miners wouldn’t be able to turn a profit even after the next halving at $5,000. 15 years will see 4 block reward halvings (including the one in 2020).

Most miners would have to turn off their machines & stop business in 2024 at a rate of $5,000 per bitcoin.

What a bunch of BS. Break even for an S9 mine right now is around $5000/BTC. There is more to mining than electricity! By 2024, it will be closer to $500k/BTC break even.

Meh, Bitmain and friends probably have 10nm or 7nm chip ASICs populating their farms. I wouldn't be surprised if they also have farms set up in Venezuela to take advantage of the cheap electricity there. This is merely speculative though. It is also possible that Bitmain doesn't have the more efficient ASICS working yet and that this bear market will kill them. Wishful thinking on my part though, I am sure.
vroom
Sr. Member
****
Offline Offline

Activity: 672
Merit: 256


a Cray can run an endless loop in under 4 hours


View Profile
June 29, 2018, 03:50:13 PM

But if most altcoins are scams then that would mean there is almost 135b dollars propping up all these alt-coins. That's more than half of all the money in crypto, how am i supposed to believe that 60% of all the money in crypto is that clueless and invested in scams?

I can create a cryptocurrency with 100 million dollar market cap with $1.

1. Create crypto

2. Pre-mine 100 million coins

3. Wash trade a single coin on a shady exchange in Korea or China for $1.

4. Boom, $100M market cap.

You could probably get passed step 1 considering you are code savy enough, I am not a developer but I imagine it's a lot easier to create a crypto than I think.

But if you just pre-mine a bunch of coins how would you ever get support from anyone or get listed? Who would support you're chain? You would have to be the only one mining it so it would cost a heck of a lot more than 1$.

I just think altcoins don't get enough credit, I wonder how many crypto enthusiast were brought in being exposed to a an altcoin first rather than bitcoin ?

obviously this project would also require a awesome white paper and a fancy website with a moving background.
gembitz
Sr. Member
****
Offline Offline

Activity: 966
Merit: 352


*Brute force will solve any Bitcoin problem*


View Profile
June 29, 2018, 03:55:01 PM

But if most altcoins are scams then that would mean there is almost 135b dollars propping up all these alt-coins. That's more than half of all the money in crypto, how am i supposed to believe that 60% of all the money in crypto is that clueless and invested in scams?

I can create a cryptocurrency with 100 million dollar market cap with $1.

1. Create crypto

2. Pre-mine 100 million coins

3. Wash trade a single coin on a shady exchange in Korea or China for $1.

4. Boom, $100M market cap.

when faucet? =) weeee
Ibian
Legendary
*
Offline Offline

Activity: 1960
Merit: 1181



View Profile
June 29, 2018, 03:58:25 PM
Merited by jbreher (1)

What if BTC reach 5k$ and stays like that for, idk, 15 years?
No whales bs, no trades speculation, no any no-sense

Could we start spend it like if it was a decentralized cryptocurrencies?

Is this a possible world?
What if god descends and tickles your balls?
gembitz
Sr. Member
****
Offline Offline

Activity: 966
Merit: 352


*Brute force will solve any Bitcoin problem*


View Profile
June 29, 2018, 03:59:20 PM

But if most altcoins are scams then that would mean there is almost 135b dollars propping up all these alt-coins. That's more than half of all the money in crypto, how am i supposed to believe that 60% of all the money in crypto is that clueless and invested in scams?

I can create a cryptocurrency with 100 million dollar market cap with $1.

1. Create crypto

2. Pre-mine 100 million coins

3. Wash trade a single coin on a shady exchange in Korea or China for $1.

4. Boom, $100M market cap.

You could probably get passed step 1 considering you are code savy enough, I am not a developer but I imagine it's a lot easier to create a crypto than I think.

But if you just pre-mine a bunch of coins how would you ever get support from anyone or get listed? Who would support you're chain? You would have to be the only one mining it so it would cost a heck of a lot more than 1$.

I just think altcoins don't get enough credit, I wonder how many crypto enthusiast were brought in being exposed to a an altcoin first rather than bitcoin ?


re: BTI it's easier just to buy ~ you must think of a real world use that bitcoin core doesn't do! Wink weeee

===>

https://freiexchange.com/market/BTI/BTC

http://www.bitcoinstant.org/

#obeybitcoin
cAPSLOCK
Legendary
*
Offline Offline

Activity: 2226
Merit: 1370


UNLEASH THE FURY!


View Profile
June 29, 2018, 04:00:41 PM

You know that run up to the time you finally, but gently launch up from the bed and stagger, eyes watering, to the toilet... get on your knees, throw back the lid and take a couple more cold, short breaths before you wretch your guts out.  Probably three, maybe four good spasms of agony and acrid taste, then a couple more deep breaths, and of course the encore as you struggle to even produce much more than thick drool with each dry heave.

And finally... you feel the incessant misery that has been building up for an hour receding as you stagger up and rinse out your mouth.  It's over.  And you are going to be OK damn it.  In fact you will be just fine.

Well.

We are not quite to that time yet, I am sorry to say.

But it is very close.

And when we are all done, and about to tuck back in bed to rest peacefully...

One of you.

Will be able to ask:

"Who sold at the bottom!?!?"

I MEAN it this time!
bones261
Legendary
*
Online Online

Activity: 1596
Merit: 1618


My hat is in storage. https://ibb.co/YLkPgXb


View Profile
June 29, 2018, 04:01:31 PM

a respite from the dumping

I don't remember this happening. When did this happen?1

1. Did this happen?

We started to get a few wimpy green candles at around 4:pm London time. Also, the last decent dump happened around 6:00 am London time this morning. I think the bottom is in, for now, until we get close to the CBOE closing date of 07/18/2018.
Ibian
Legendary
*
Offline Offline

Activity: 1960
Merit: 1181



View Profile
June 29, 2018, 04:05:21 PM

You’re just pissed off because the facts make you look as stupid as you are. You fell flat on your face for the Core scam.


Oh wow I'm internet famous now.
Mahirap
Full Member
***
Offline Offline

Activity: 434
Merit: 107


- hello doctor who box


View Profile
June 29, 2018, 04:08:39 PM

It's still possible for Bitcoin to reach untill 3,000$ mark untill it bounces back up in late 2018 there are no good resistance at 6k mark so possibly it still may go down.
bones261
Legendary
*
Online Online

Activity: 1596
Merit: 1618


My hat is in storage. https://ibb.co/YLkPgXb


View Profile
June 29, 2018, 04:12:41 PM

It's still possible for Bitcoin to reach untill 3,000$ mark untill it bounces back up in late 2018 there are no good resistance at 6k mark so possibly it still may go down.

It all depends on exactly what the operations cost for the huge mining farms is. If it goes too low, we may see a push from the big miners to try and prop up the price. However, Bitmain made a boatload of profit last year. So they may have enough of a cushion to ride it out and have the competition get annihilated.  (Remember GHASH? They got blown out of the water in the 2015 bear market and Bitmain came out on top.)  This will have the added benefit of lowering the difficulty; therefore the cost to mine.
Hueristic
Legendary
*
Offline Offline

Activity: 2030
Merit: 1210


Doomed to see the future and unable to prevent it


View Profile
June 29, 2018, 04:18:43 PM

My "$7,500-$8,000" guess for tomorrow may have been a little off.

Fucking sea of red today, time to get on the bike and go get drunk. Smiley
vroom
Sr. Member
****
Offline Offline

Activity: 672
Merit: 256


a Cray can run an endless loop in under 4 hours


View Profile
June 29, 2018, 04:25:09 PM

It's still possible for Bitcoin to reach untill 3,000$ mark untill it bounces back up in late 2018 there are no good resistance at 6k mark so possibly it still may go down.

It all depends on exactly what the operations cost for the huge mining farms is. If it goes too low, we may see a push from the big miners to try and prop up the price. However, Bitmain made a boatload of profit last year. So they may have enough of a cushion to ride it out and have the competition get annihilated. (Remember GHASH? They got blown out of the water in the 2015 bear market and Bitmain came out on top.)

conclusion: decentralization gives bitcoin value but decreasing value leads to centralization? I hope current pools can compete with bitmain or he will dominate bitcoins hashpower sooner or later.
Pages: « 1 ... 20679 20680 20681 20682 20683 20684 20685 20686 20687 20688 20689 20690 20691 20692 20693 20694 20695 20696 20697 20698 20699 20700 20701 20702 20703 20704 20705 20706 20707 20708 20709 20710 20711 20712 20713 20714 20715 20716 20717 20718 20719 20720 20721 20722 20723 20724 20725 20726 20727 20728 [20729] 20730 20731 20732 20733 20734 20735 20736 20737 20738 20739 20740 20741 20742 20743 20744 20745 20746 20747 20748 20749 20750 20751 20752 20753 20754 20755 20756 20757 20758 20759 20760 20761 20762 20763 20764 20765 20766 20767 20768 20769 20770 20771 20772 20773 20774 20775 20776 20777 20778 20779 ... 24325 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!