BlindMayorBitcorn
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Activity: 1260
Merit: 1115
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July 19, 2017, 07:34:14 PM |
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I have more than enough pause to go around if anyone's interested. Not that it's done me much good I guess
Is your pause pure? I don't want no watered-down shit. I want my entire body to be immobilised. My pause is all natural, made from only the finest juices and spices. Satisfaction guaranteed or your monies back.
Four paws. Good for grabbin'
No bears were harmed in the production of my pause. It was lab-tested on bunnies first.  |
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You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
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FractalUniverse
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July 19, 2017, 07:41:17 PM |
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going up would be too predictable. I suspect one more big dump down.
Looks like a lot of people were left fiat bagholding during last panic sell. Now they are desperate to see at least one last dip. I think they'll be left with fiat bags and hesitate which alt to shoot at. I was only buying into the dump, but selling as it was going up. but true, I'd like to load again  Charts seem to be positioning for a drop. Im waiting at 2015, 1855 and 1755. |
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BitcoinPappi
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Activity: 915
Merit: 1005
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July 19, 2017, 07:52:57 PM |
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A price breaking upward through ~$2460 or so with RISING buy volume/pressure would signal a trend reversal. We would need to break the pattern of lower highs and lower lows into the next month.
Otherwise, we are still firmly in a downtrend. Because gravity. Also, overall crypto market cap still decreasing.
Still relevant... hasn't broken $2460 to the upside. Buying volume has tapered off. Also notice that perfect 'V' on Stamp. The whale(s) that drove the price down to 1830, drove it right back up to where it was before. Overall sentiment has not changed. I feel very much abused by these whale(s). What direction do you think the market will go? I was starting to feel that BIP 91 was a sure thing but not so sure any more. Thoughts ? |
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rjclarke2000
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Activity: 1358
Merit: 1016
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July 19, 2017, 08:01:28 PM |
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Yeah, I am also wondering what's going on.
So it's went over 80% and has now dropped below. Why would they do this?
What is the advantage of doing that?
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Last of the V8s
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Activity: 1652
Merit: 4392
Be a bank
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July 19, 2017, 08:04:23 PM |
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ooh lovely. the wallet was made by https://github.com/paritytech who are partly funded by bitmain and recently published a rust bitcoin implementation |
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FractalUniverse
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July 19, 2017, 08:07:01 PM |
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Yeah, I am also wondering what's going on.
So it's went over 80% and has now dropped below. Why would they do this?
What is the advantage of doing that?
maybe they want to get moar bitcoins and this is opportunity to manipulate price so they can get them dirt cheap  |
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bitserve
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Activity: 1820
Merit: 1464
Self made HODLER ✓
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July 19, 2017, 08:13:22 PM
Last edit: July 19, 2017, 08:23:51 PM by bitserve |
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Yeah, I am also wondering what's going on.
So it's went over 80% and has now dropped below. Why would they do this?
What is the advantage of doing that?
They did the same with Litecoin, the first activation period after the agreement was a near miss. The price was basically following the signaling rate, so it dropped. Then when the hashrate was getting higher in the second activation period it started mooning. It was a funny rollercoaster. In the case of Bitcoin another consideration is that miners have started signaling earlier than it was expected, 21 July. Bitfury has already said will start signaling tomorrow, slush too, and f2pool loves to troll and is not saying anything, but will most probably do the same as per the agreement. There is still possibility of lock-in in this period, but I wouldn't count on it. Most probably the lock-in will come on sunday. |
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infofront (OP)
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Activity: 2632
Merit: 2780
Shitcoin Minimalist
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July 19, 2017, 08:14:18 PM |
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Yeah, I am also wondering what's going on.
So it's went over 80% and has now dropped below. Why would they do this?
What is the advantage of doing that?
The advantage is making a shit ton of money. If I had control of a significant amount of hashrate (2%+) I'd be changing my signalling to manipulate the markets. It could be just as easy as: - Turn on signalling
- Signalling goes over 80%
- BTC price increases
- Dump BTC
- Turn off signalling
- Load up on cheaper coins
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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July 19, 2017, 08:16:29 PM |
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Ok. Thanks guys
See what happens over the next few days then.
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Torque
Legendary
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Activity: 3542
Merit: 5039
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July 19, 2017, 08:20:48 PM |
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A price breaking upward through ~$2460 or so with RISING buy volume/pressure would signal a trend reversal. We would need to break the pattern of lower highs and lower lows into the next month.
Otherwise, we are still firmly in a downtrend. Because gravity. Also, overall crypto market cap still decreasing.
Still relevant... hasn't broken $2460 to the upside. Buying volume has tapered off. Also notice that perfect 'V' on Stamp. The whale(s) that drove the price down to 1830, drove it right back up to where it was before. Overall sentiment has not changed. I feel very much abused by these whale(s). What direction do you think the market will go? I was starting to feel that BIP 91 was a sure thing but not so sure any more. Thoughts ? My opinion is down. Macro-bots appear to already be trading a downtrend since the 2980 top. Possibility of getting SegWit is mostly priced in, maybe a short term rise (second of a double top), but it'll be a bull trap and won't last. |
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BitcoinPappi
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Activity: 915
Merit: 1005
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July 19, 2017, 08:25:26 PM |
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A price breaking upward through ~$2460 or so with RISING buy volume/pressure would signal a trend reversal. We would need to break the pattern of lower highs and lower lows into the next month.
Otherwise, we are still firmly in a downtrend. Because gravity. Also, overall crypto market cap still decreasing.
Still relevant... hasn't broken $2460 to the upside. Buying volume has tapered off. Also notice that perfect 'V' on Stamp. The whale(s) that drove the price down to 1830, drove it right back up to where it was before. Overall sentiment has not changed. I feel very much abused by these whale(s). What direction do you think the market will go? I was starting to feel that BIP 91 was a sure thing but not so sure any more. Thoughts ? My opinion is down. Macro-bots appear to already be trading a downtrend since the 2980 top. Possibility of getting SegWit is mostly priced in, maybe a short term rise (second of a double top), but it'll be a bull trap and won't last. Thanks for sharing your opinion. This was a bad time to do margin trading with such uncertainty. Lesson learnt |
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TerraMaster
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July 19, 2017, 08:27:46 PM |
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Another "BIP DIP" lol, time to buy again perhaps.
I thought this was about all settled...... 91
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yefi
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Activity: 2842
Merit: 1510
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July 19, 2017, 08:30:09 PM |
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But what % of miners are actually running the btc1 garbage? I was under the impression that most miners were still running Bitcoin Core and not btc1.
Well, if everyone is running btc1, then im sure I know now why the price is not taking off to an ATH. We can't get an ATH if people are running shit code.
It should be equal to the number of miners signalling for BIP91, as Core doesn't signal for that BIP (unless, as bitserve mentions, they're running a patched version, which could be just as bad). Ha, was only a matter of time. Maybe all those clueless buyers will gain a little bit better an understanding of what it is they're bagholding. Should be much more difficult to roll this one back too if the funds are free to move (with the DAO the funds were locked to a single account for a several week period which made it easy). |
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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July 19, 2017, 08:32:37 PM |
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the only time i buy eth on a dip and it's hacked lol
oh well it was peanuts
will btc follow eth is the question, panic is contagious
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El duderino_
Legendary
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Activity: 2492
Merit: 11968
BTC + Crossfit, living life.
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July 19, 2017, 08:38:14 PM |
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only 15 to 25 have made there guess on when we brake another ATH ATH ATH ATH GAME !!!! and get paid by me for the one guesses most closly ( 0.25BTC ) as another ( 0.25 BTC) for giving the best explanation why the raise at that time anybody more wants to take a guess feel free to take a date ( for the ones that don't trust me to pay still just waiting for a trusty member to react on this and be confirmt by 2 other trusted members and i deposit the amount with them ......) ONLY GOOD INTENTIONS |
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xyzzy099
Legendary
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Activity: 1062
Merit: 1041
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July 19, 2017, 08:48:03 PM |
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Yeah, I am also wondering what's going on.
So it's went over 80% and has now dropped below. Why would they do this?
What is the advantage of doing that?
The advantage is making a shit ton of money. If I had control of a significant amount of hashrate (2%+) I'd be changing my signalling to manipulate the markets. It could be just as easy as: - Turn on signalling
- Signalling goes over 80%
- BTC price increases
- Dump BTC
- Turn off signalling
- Load up on cheaper coins
Bitfury was signalling for BIP141 and BIP91. They then mined 4 blocks in a row that signalled only for BIP141. After that, Bitfury quit mining blocks completely, and they have not mined a block since block #476476. The loss of the Bitfury blocks would account for the drop in signalling. What has happened to Bitfury is not known (at least to me). I seriously doubt that they are intentionally not finding blocks though. |
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suzanne5223
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July 19, 2017, 08:55:08 PM |
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going up would be too predictable. I suspect one more big dump down.
Looks like a lot of people were left fiat bagholding during last panic sell. Now they are desperate to see at least one last dip. I think they'll be left with fiat bags and hesitate which alt to shoot at. I was only buying into the dump, but selling as it was going up. but true, I'd like to load again Charts seem to be positioning for a drop. Im waiting at 2015, 1855 and 1755. Watching closely the price is at $2248 but I think dump will happen any time soon before the month end because there will a lot panic due to the thirteen participate bitcoin exchanges planning to suspend the depositing and withdrawing bitcoin early next month in Japan. |
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TerraMaster
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July 19, 2017, 08:56:49 PM
Last edit: July 19, 2017, 09:11:20 PM by TerraMaster |
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the only time i buy eth on a dip and it's hacked lol
oh well it was peanuts
will btc follow eth is the question, panic is contagious
Well the ETH hack was announced a day ago, yet yesterday ETH was rocketing for a while  Maybe nobody had heard yet? lol somebody made a quick buck. Anyways, I think BTC is just going thru the motions" little to do with ETH, probably.... |
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Tonton99
Full Member
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Activity: 252
Merit: 100
What if I sold?
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July 19, 2017, 08:59:15 PM |
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going up would be too predictable. I suspect one more big dump down.
Looks like a lot of people were left fiat bagholding during last panic sell. Now they are desperate to see at least one last dip. I think they'll be left with fiat bags and hesitate which alt to shoot at. I was only buying into the dump, but selling as it was going up. but true, I'd like to load again Charts seem to be positioning for a drop. Im waiting at 2015, 1855 and 1755. Maybe park your btc in MNE for a while? Low supply, good ongoing development and potential twin release end of August. If this Alt attracts liquidity it will def be a worthwhile investment until btc is open for entry again in a couple of weeks. |
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