billyjoeallen
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Activity: 1106
Merit: 1007
Hide your women
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January 15, 2016, 11:32:40 PM |
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Still almost $26MM in leveraged longs on BFX. If this results in a margin call cascade, we could go under $200 again. Nobody can post dollar margin until Monday.
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BitUsher
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Activity: 994
Merit: 1035
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January 15, 2016, 11:33:41 PM |
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Nope, Mike went to New York Times, told "Bitcoin is dead!" and informed the public about the ongoing inner-Bitcoin fight. THAT did fucking damage to BTC and was completely unnecessary!
Its not about big or small blocks its about being a fucking dramaqueen!
It appears to be too much of a coincidence the timing of it all with this -- https://youtu.be/R0iArSIU0Z8?t=47m16sLooks to me to be a coordinated attack by R3.(42 banks against bitcoin)
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fisheater22
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Activity: 84
Merit: 10
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January 15, 2016, 11:36:58 PM |
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... It appears to be too much of a coincidence the timing of it all with this -- https://youtu.be/R0iArSIU0Z8?t=47m16sLooks to me to be a coordinated attack by R3.(42 banks against bitcoin) And we would have gotten away with it, too, if it weren't for you meddling kids! But really, we did. We did get away with it
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ssmc2
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Activity: 2002
Merit: 1040
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January 15, 2016, 11:38:55 PM |
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Nope, Mike went to New York Times, told "Bitcoin is dead!" and informed the public about the ongoing inner-Bitcoin fight. THAT did fucking damage to BTC and was completely unnecessary!
Its not about big or small blocks its about being a fucking dramaqueen!
It appears to be too much of a coincidence the timing of it all with this -- https://youtu.be/R0iArSIU0Z8?t=47m16sLooks to me to be a coordinated attack by R3.(42 banks against bitcoin) They're going to learn how Anti-fragile BTC is edit: or they're just doing it to get cheap coins
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becoin
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Activity: 3431
Merit: 1233
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January 15, 2016, 11:41:55 PM |
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So Cryptsy was really not whole ? Pulled a Gox? If that is true then guess what? BTC image is going to be damaged big time, and much worse than Gox era.
No one gives a shit about Cryptsy. I don't think there was single moment in time where they weren't a shit hole experiencing problems. Also, they were hacked a year and a half ago, and the coins have been sitting since. So this is all because of Mike? Hearn, Cryptsy, NYT article, R3 testimony, Bitcoin "Classic" fud, constantly spamming blockchain to reach the 1MB limit and mobilize XT altcon suckers and want-free-bitcoin-space crowd, and finally dumping stolen bitcoins from Cryptsy. It is well coordinated attack. But... thanks for the cheap coins!
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ImI
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Activity: 1946
Merit: 1019
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January 15, 2016, 11:43:00 PM |
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Nope, Mike went to New York Times, told "Bitcoin is dead!" and informed the public about the ongoing inner-Bitcoin fight. THAT did fucking damage to BTC and was completely unnecessary!
Its not about big or small blocks its about being a fucking dramaqueen!
It appears to be too much of a coincidence the timing of it all with this -- https://youtu.be/R0iArSIU0Z8?t=47m16sLooks to me to be a coordinated attack by R3.(42 banks against bitcoin) I dont know, but one thing is for sure Hearn did tremendous damage and he did it on purpose and thats whats so disgusting in this whole matter. Like some kid who destroys your toy after you told him that he isnt allowed to play with. I dont want to have folks like him in the dev team no matter what stance on the blocksize issue they have.
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MinermanNC
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Activity: 2198
Merit: 1000
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January 15, 2016, 11:44:30 PM |
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Who pissed in Hearns Wheaties? (or is it greed) here we go again. Craptsy (who has been in turmoil for a while) now screwed many. Stock market crashing,,, boy, I think tomorrow will be a better day Life goes on.....
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BitUsher
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Activity: 994
Merit: 1035
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January 15, 2016, 11:48:33 PM |
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I dont know, but one thing is for sure Hearn did tremendous damage and he did it on purpose and thats whats so disgusting in this whole matter. Like some kid who destroys your toy after you told him that he isnt allowed to play with. I dont want to have folks like him in the dev team no matter what stance on the blocksize issue they have.
Yes, I am glad he contributed so little to core , so we don't have to re-audit all his code. Whether this is merely an opportunistic bearwhale shaking the weak hands to buy more, a deliberate attack by r3 which invested in some coins a 2months ago in order to dump them now and shake the faith of the community, or just some scared investors reading the NYT rag doesn't ultimately matter ... I'm picking up the carnage along with others and we are moving forward.
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Divitiae miserae
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January 15, 2016, 11:50:05 PM |
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Its not about big or small blocks its about being a fucking dramaqueen!
Just an understandable physiological outburst given all the incompetence around him. I use Bitcoin to transfer funds to Venezuela, a country whose sole export, oil, is now produced at the cost of $20 a barrel and sold for $25 a barrel. Which one is going to fail first?
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a7mos
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January 15, 2016, 11:51:19 PM |
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This fall will be so hard for bitcoin to recover, it will take months to reach 400$ level again I predect the price will continue falling to 300 soon
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CuntChocula
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Activity: 42
Merit: 0
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January 15, 2016, 11:52:17 PM |
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So Cryptsy was really not whole ? Pulled a Gox? If that is true then guess what? BTC image is going to be damaged big time, and much worse than Gox era.
No one gives a shit about Cryptsy. I don't think there was single moment in time where they weren't a shit hole experiencing problems. Also, they were hacked a year and a half ago, and the coins have been sitting since. So this is all because of Mike? Hearn, Cryptsy, NYT article, Bitcoin "Classic" fud, constantly spamming blockchain to reach the 1MB limit and mobilize XT altcon suckers and want-free-bitcoin-space crowd, and finally dumping stolen bitcoins from Cryptsy. It is well coordinated attack. But... thanks for the cheap coins! Hope that statist bullshit don't disruptivize our antifragile honey badger beyond her tipping point. I mean before we get a chance to off-board into filthy fiat...
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MinermanNC
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Activity: 2198
Merit: 1000
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January 15, 2016, 11:55:30 PM |
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I don't think its going to be a hard crash. I think are many seeing it as a good time to buy a little BTC. Not sure how much of this dip in price is really about Mike Hearn ( if any) anyways. I see more of it as a reaction with Cryptsy (and the bad press it always brings) and the stock market crashing today. Come Monday make that Tuesday lol, Monday is a U.S holiday.....things will be back swinging upwards probably on all fronts...
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Trolfi
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Activity: 72
Merit: 10
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January 15, 2016, 11:56:58 PM |
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Still almost $26MM in leveraged longs on BFX. If this results in a margin call cascade, we could go under $200 again. Nobody can post dollar margin until Monday.
Bring it on! I had no ammo when it happened, exactly one year ago. You were busy chasing trolls that day (and talking about 4 Punch Raiders).
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Lauda
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Activity: 2674
Merit: 2965
Terminated.
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January 16, 2016, 12:01:50 AM |
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You know the media has caught up on the story and barely any reported the story correctly as in "Mike is wrong and Bitcoin died 80+ times already". I've got sent a few screenshots from Facebook (which I don't use) from a few partners already. Quite unfortunate that it has reflected itself this heavily on the price within a single day.
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ChartBuddy
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Activity: 2352
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 16, 2016, 12:01:50 AM |
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CuntChocula
Newbie
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Activity: 42
Merit: 0
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January 16, 2016, 12:03:41 AM |
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I don't think its going to be a hard crash. I think are many seeing it as a good time to buy a little BTC. Not sure how much of this dip in price is really about Mike Hearn ( if any) anyways. I see more of it as a reaction with Cryptsy (and the bad press it always brings) and the stock market crashing today. Come Monday make that Tuesday lol, Monday is a U.S holiday.....things will be back swinging upwards probably on all fronts... So. Markets fell about 2%, and BTC fell 15%? Sounds legit :-
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fisheater22
Member
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Activity: 84
Merit: 10
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January 16, 2016, 12:05:21 AM |
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Still almost $26MM in leveraged longs on BFX. If this results in a margin call cascade, we could go under $200 again. Nobody can post dollar margin until Monday.
Bring it on! I had no ammo when it happened, exactly one year ago. You were busy chasing trolls that day (and talking about 4 Punch Raiders). You mean you're not all in?! Below $375, I am a buyer. Come on, make it happen!
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MinermanNC
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Activity: 2198
Merit: 1000
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January 16, 2016, 12:07:23 AM |
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BTC the "longest running blockchain" has value. Its not going away over night. The chain hasn't really even been tapped in to. Just got to keep the miners happy. $$$$$
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ImI
Legendary
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Activity: 1946
Merit: 1019
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January 16, 2016, 12:07:34 AM |
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You know the media has caught up on the story and barely any reported the story correctly as in "Mike is wrong and Bitcoin died 80+ times already". I've got sent a few screenshots from Facebook (which I don't use) from a few partners already. Quite unfortunate that it has reflected itself this heavily on the price within a single day.
He sold himself to the media as one important (if not the most important) developer. Which is a fucking joke! Yes he did some work but i wouldnt name him in the Top10. Hilarious that he could make such an public impression...
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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January 16, 2016, 12:08:03 AM |
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I don't think its going to be a hard crash. I think are many seeing it as a good time to buy a little BTC. Not sure how much of this dip in price is really about Mike Hearn ( if any) anyways. I see more of it as a reaction with Cryptsy (and the bad press it always brings) and the stock market crashing today. Come Monday make that Tuesday lol, Monday is a U.S holiday.....things will be back swinging upwards probably on all fronts... So. Markets fell about 2%, and BTC fell 15%? Sounds legit :- Its a ratio thing
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