fabiorem
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September 29, 2017, 06:09:53 PM |
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Hello.
So what happened today ? I was busy at work, fortunately I took a 5min break and had the idea to look at current poloniex lending rates (which have been low since the fork). To my surprise they were good, so I decided to send some more coins there.
Concurrently the mempool was almost empty, so the coins got there fast and I caught some nice rates.
Only 1000 BTC in lending at some point, when the usual was more than 10000.
Any explanation ?
South Korea banned margin trades.
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jojo69
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diamond-handed zealot
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September 29, 2017, 06:09:55 PM |
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Meuh6879
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September 29, 2017, 07:00:52 PM Last edit: September 29, 2017, 07:21:03 PM by Meuh6879 |
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Bitcoin is stable. So, i can post a MEMpool occupation instead ? Full nodes (archive) are the real Bitcoin P2P network : Statistics graphs provided by https://github.com/luke-jr
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Eric Cartman
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September 29, 2017, 07:51:12 PM |
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Who sold at the bottom?
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york780
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September 29, 2017, 07:53:50 PM |
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Who sold at the bottom?
Lmao, I wonder how many traders got rekt in the last couple weeks. This is gold. Anyway how many of you guys are still alive? Bear you there?
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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September 29, 2017, 07:58:54 PM Last edit: September 29, 2017, 08:19:15 PM by JayJuanGee |
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Like you said, that's an article with a decent perspective and informative... hahahaha and posted in MSM, too... go figure... I have two updates in my thinking about BTC prices.. and since almost no one reads or believes what I say, I will be safe to make these assertions publicly... . 1) I profess that based on recent price actions... largely traversing into the upper arenas of our old price range, our current price range has shifted up from $3,400-$4,300 (old range), and now we are in a $3,600 to $4,500 range (new range). Thank you bitcoin... So, a point that I like to make about BTC price ranges is that you should not be getting too excited about price movement within the range unless we break out of the range (or get close to breaking out), either to the upside or downside - and since we continue to be in a bull market with a bit better chances for upside breakout rather than a downside breakout 56.5% up and 43.5% down. 2) regarding the more likely upside BTC price scenario, I am thinking that we are going to get a BTC price pump sometime between now and mid-November (of course some of the Ethereum and ICO baloney could throw off some of my anticipations); however, I am thinking that our next upward price move will likely taking us somewhere into the $6,300 to $7,800 range... I am kind of thinking that this projected pump is going to take place closer to the time of the anticipated Segwit2x hardfork.. so maybe early November-ish... After early-November pump 1, people are going to fear a crash because the dumb-ass BIG blockers are actually going to follow through with their fork threat and cause a couple weeks of BTC/Crypto disruption through their stupid-ass sabotage fork and maybe even a 10% to 35% correction - however, when many of the crypto aficionados (and smart money) receive affirmation that bitcoin is not broken and is resilient and dominant to the bullshit attack attempts of the BIG blocker saboteurs, then BTC price will shoot up again.. and let's put that next BTC price shoot-up range (pump 2) into the $8,900 to $12,900 price range (of course the likelihood of pump 2 would only be in the 60% to 65% or more chance of occurring, once the preceding events were to take place, so currently, it is not a high probability on its own for all events that I assert as probable to happen, because each event has a probability to happen or not to happen on its own and based on a multitude of influences.. so if one of the expected events does not happen, then the non-happening of the one event could put dampers on the next event happening). After pump 2 (if it occurs), we would be vulnerable to a 65% or more BTC price correction from whatever, price point we reach.. so yeah, we could well get back into $3k or even possibly lower .. after all of this unfolds.. perhaps? Just tentative thoughts... based on nothing more than various hunches and watching the developments and dynamics in the bitcoin space. Like I said ETH and ICO boloney could throw this off or possibly there could be some other material and significant happenings (that are currently unknown) that could throw this off, too... By the way, any ETF approval, if it were to come would not be likely to take place until after some of these late 2017 shake outs, and probably no where before March 2018-ish.
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Mrpumperitis
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September 29, 2017, 08:29:05 PM |
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i see dumps on the way....
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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September 29, 2017, 08:36:13 PM |
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i see dumps on the way....
PUMPY!!!!!!! Maybe you are a reverse indicator? Yesterday, you were here pumping (within the job description of your namesake?).. right before the dump... now you are dumping... hm? Is it looking good for a breakout, or are we in a fake out? Like I said in my earlier post, I don't think that we should worry either way because we seem to be in the high side of our current price range..., which seems to be $3600 to $4500 - ish... .. so when you say dump, are you saying that we are going below $3600 or that we are just moving around within the current price range?
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Mrpumperitis
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September 29, 2017, 09:17:11 PM |
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i see dumps on the way....
PUMPY!!!!!!! Maybe you are a reverse indicator? Yesterday, you were here pumping (within the job description of your namesake?).. right before the dump... now you are dumping... hm? Is it looking good for a breakout, or are we in a fake out? Like I said in my earlier post, I don't think that we should worry either way because we seem to be in the high side of our current price range..., which seems to be $3600 to $4500 - ish... .. so when you say dump, are you saying that we are going below $3600 or that we are just moving around within the current price range? are you high? go back and check the price on the day i said it was going up...it went up all the way till today! now im saying i feel a dump... and i prob will be right...again... im not a bullshitter perma bull like you, we have uptrends and downtrends...learn to accept that. please stop feeling the urge to reply to everyone one of my comments, im not quoting them to you. i dont read your pointless walls of text... and when i do visit this thread i usually skip all your comments, as they just drown out the sensible guys voices here.
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600watt
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September 29, 2017, 09:50:34 PM |
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h1h2h3_c
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September 29, 2017, 09:51:29 PM |
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i see dumps on the way....
PUMPY!!!!!!! Maybe you are a reverse indicator? Yesterday, you were here pumping (within the job description of your namesake?).. right before the dump... now you are dumping... hm? Is it looking good for a breakout, or are we in a fake out? Like I said in my earlier post, I don't think that we should worry either way because we seem to be in the high side of our current price range..., which seems to be $3600 to $4500 - ish... .. so when you say dump, are you saying that we are going below $3600 or that we are just moving around within the current price range? are you high? go back and check the price on the day i said it was going up...it went up all the way till today! now im saying i feel a dump... and i prob will be right...again... im not a bullshitter perma bull like you, we have uptrends and downtrends...learn to accept that. please stop feeling the urge to reply to everyone one of my comments, im not quoting them to you. i dont read your pointless walls of text... and when i do visit this thread i usually skip all your comments, as they just drown out the sensible guys voices here. Skimping things are really good but you might miss something special what if the prices goes up and you don't know that and goes for skip you should need to view everything according to bitcoin.
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jbreher
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lose: unfind ... loose: untight
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September 29, 2017, 09:52:03 PM |
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Three kids, two grandkids here. Each an owner of a paper wallet with a number of bitcoins. I send another dose to each address from time to time.
You said bitcoins, not bitcoin cash coins. I'm sure that you meant Bitcoin Cash (BCH), correct? Right? Riiiight? They have both Bitcoin Segwit and Bitcoin Cash. As have all addresses untouched since the split. Right? Riiiight? After all, as a true Bitcoiner, I imparted the wisdom to HODL. Don't you mean a true Bitcoin Casher? No, I mean true Bitcoiner. For I believe that ultimately, Bitcoin Cash will be universally recognized as the One True Bitcoin. Indeed, by one definition (greatest block height on the Satoshi genesis block), it already is. I can, however, understand a preference for another definition - greatest accumulated proof of work on the Satoshi genesis block - might be a better definition. We have a bit to go here. But not much, in the grand scheme of things. Don't you remember yourself spending months on this thread belittling, condescending and trolling anyone who wasn't onboard with BCH and 8mb blocks?
Quite frankly, no. I remember advocating strongly the position that Bitcoin Cash is the One True Bitcoin. I'm pretty sure that any "belittling, condescending and trolling" that I engaged upon was only in reply to similar treatment from others who strongly disagreed. I think every instance where I was treated with respect, I replied in kind. There may have been a weak moment or two where I was the instigator of hostilities, but I don't recall any. Oh wait, I see. So you don't really *believe* in BCH, otherwise by now you would have dumped all your Bitcointm for more BCH and told your family to do the same.
Well, you are again incorrect. As far as my personal holdings, I have previously divulged here that I have been diversifying incrementally from Bitcoin Segwit to Bitcoin Cash, and that while I hold a vastly higher quantity of Bitcoin Cash than Bitcoin Segwit, the USD value thereof is (still) tilted to the Bitcoin Segwit side. (Incidentally, a trademark is inimical to a decentralized application. Who is it that holds the trademark that you are asserting?) As far as what my offspring do with their holdings, that's their business, not mine. In light of the fact that they are still holding every unit I have given them since years indicates that they are in no hurry to split their holdings at this point in time. What makes you think this is a proper concern of yours? Gotcha. Troll. But y'know, its cool...Roger didn't dump all his Bitcoin tm for BCH either... like way less than 10%. Birds of a feather and all that. (fkn hypocrites)Speaking of "belittling, condescending and trolling"...
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El duderino_
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BTC + Crossfit, living life.
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September 29, 2017, 09:52:21 PM |
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END list, good luck! 19/9 rayx12 24/9 kidbitter* 25/9 binaryreign* 26/9 player99 27/9 xhomerx10 28/9 khufuking 29/9 jhayzxenon* 30/9 yermom 01/10 teamtarp* 02/10 bitchick * 03/10 ^BuTcH^ 04/10 minermannc 05/10 punisher1314* 06/10 jimbo Toronto* 07/10 player514* 09/10 Oinas* 10/10 bikerlezno* LAST WINNER 11/10 ted e. bare 12/10 harrymmmm* 13/10 cryptoqueeen* 14/10 bitcoinaire* 15/10 ludwigvon* 16/10 BitchicksHusband* 17/10 shroomskit_disgrace 18/10 dakustaking76 19/10 birobob* 20/10 leowonderful 21/10 paashaas 22/10 cmacwiz* 23/10 spaceman_spiff_original* 24/10 colonel panic 25/10 soullyG 26/10 weltmaster* 27/10 vroom 28/10 entons* 29/10 roombot* 30/10 notme* 31/10 twocorn 01/11 YamashitaRen 02/11 orpington 03/11 Haciendo* 04/11 lilloboy 05/11 jojo69* 06/11 d_eddie* 07/11 empowering* 08/11 northyplole* 09/11 podyx* 10/11 u9y42* 11/11 starving_marvin 12/11 sirazimuth* 13/11 dotto* 14/11 hazukison* 15/11 organic* 16/11 Heater* 17/11 foxygoxy* 18/11 600watt 19/11 arriemoller 20/11 drbrockcoin* 21/11 icygreen* 22/11 rakessh 23/11 erisdiscordia 24/11 oblox* 25/11 mfort312* 26/11 globbo* 27/11 lfc_bitcoin 28/11 conspirosphere.tk* 29/11 rjclarck2000 30/11 last of the v8s * 01/12 newworldcoiner* 02/12 souspeed* 03/12 jaapgvk 04/12 sgk* 05/12 fluidjax 07/12 free-bit.co.in 08/12 imbatman 09/12 yonton 10/12 fragout* 11/12 itod 12/12 lontonbit* 13/12 CistaCista 14/12 cAPSLOCK 15/12 philivey 16/12 marcus_of_augustus* 17/12 mattimann 18/12 coincube* 21/12 2dogs 24/12 bones261* 25/12 mndan 26/12 karatma1* 28/12 deathangel* 30/12 erre 31/12 elwar 01/01/2018 lewis pirenne* 02/01/2018 addressed* 03/01/2018 bathy 05/01/2018 bitcoin psycho 06/01/2018 chowhan 07/01/2018 fabiorem* 18/01/2018 raja_mbz* 22/01/2018 _javi_ 26/01/2018 kurious* 28/01/2018 steelboy* 29/01/2018 alcohodl 01/02/2018 cristitcm 18/02/2018 in the silence 20/04/2018 fractal universe* 15/03/2018 Carl85 15/05/2018 oldtimegin* 15/06/2018 samson 16/08/2018 samarkand
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jbreher
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lose: unfind ... loose: untight
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September 29, 2017, 09:54:20 PM |
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The government WANTS you to buy bitcoin and doesn't try to stop it at all (except Chinese capital flight), and instead tries to manipulate metals and prevent people from investing in those.
Well, except for the US Mint directly coining Eagles and the US Treas selling them to people. I guess.
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JayJuanGee
Legendary
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Self-Custody is a right. Say no to"Non-custodial"
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September 29, 2017, 10:10:24 PM |
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i see dumps on the way....
PUMPY!!!!!!! Maybe you are a reverse indicator? Yesterday, you were here pumping (within the job description of your namesake?).. right before the dump... now you are dumping... hm? Is it looking good for a breakout, or are we in a fake out? Like I said in my earlier post, I don't think that we should worry either way because we seem to be in the high side of our current price range..., which seems to be $3600 to $4500 - ish... .. so when you say dump, are you saying that we are going below $3600 or that we are just moving around within the current price range? are you high? That does not seem like a reasonable conclusion. Your response comes off as a personal, rather than substantive response, no? In other words, I am not high, except perhaps my excitement regarding bitcoin's performance for the whole year... We are in 4x to 5x territory for the calendar year, so I have been feeling pretty good about that for several months... actually, I even felt pretty good while we were floating around in the $1800s to $2900s for several months from May to August. So, yeah, I'm feeling pretty good. I am feeling pretty good. go back and check the price on the day i said it was going up...it went up all the way till today!
O.k. Maybe you are just forgetful? https://bitcointalk.org/index.php?topic=178336.msg22304339#msg22304339A couple of days ago, you posted some kind of excitement about buying on the dips while the price was going up.. .and sure I responded to your seeming deception, and then now your attempt to recharacterize the substance of your posts. now im saying i feel a dump... and i prob will be right...again...
Yeah.. a non-specific post about a dump that is coupled by various recharacterizations of the substance of what you said (or what you meant) is going to have a better than average chance of being right... especially if you keep repeating the same thing over and over until it becomes correct, and then you say: "see, I told you" hahahahaha... in other words... let me provide an image for you>>>>> im not a bullshitter perma bull like you, we have uptrends and downtrends...learn to accept that.
Oh my!!!!! more personal attacks and attempts at pigeon-holing and false characterizations. Can't really take these kinds of comments too seriously, right? please stop feeling the urge to reply to everyone one of my comments, im not quoting them to you.
Oh, so now you are feeling analyzed? and perhaps stalked? I can do what I want, and really, your nonsense posts seem to kind of stand out, to the extent that they don't get deleted for being so obviously disingenuous, right? O.k. sure, you are able to slip in a few seemingly quasi-substantive posts, here and there, between your pumping of ripple or some other random shitcoin with your anti-bitcoin misinformation propaganda tour on some random alt thread... i dont read your pointless walls of text...
Why does it matter to me whether you read my posts, or not? Really, I doubt that you are even willing to engage with the substance of a large majority of my posts anyhow. You are not really hear to share information or interact, and you seem to have given away your principle purpose through your choice of your name, right? I can assert something kind of positive and that is your name and your actions seem to be fairly consistent. and when i do visit this thread i usually skip all your comments, as they just drown out the sensible guys voices here. Is that why you wrote me a PM a few months back asking me if I missed you? hahahahhahaha Either you troll publicly or you troll through various PMs.. whatever.. If you use one of your other sock puppet accounts, then maybe you can be more effective, perhaps? Maybe you could try to redeem your soul by making a new sock puppet, and name it "I'm gonna try to tell the truth this time" Maybe that name is too long, but you get the idea, right?
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Ibian
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September 29, 2017, 10:12:27 PM |
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I believe that ultimately, Bitcoin Cash will be universally recognized as the One True Bitcoin. Okay, you are officially off the deep end.
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jbreher
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lose: unfind ... loose: untight
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September 29, 2017, 10:34:56 PM |
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The point being that even with strength of 18/00 and a bag of holding, you can only carry so much coin around with you. Not to mention that it makes you a really fat target. So the use of commodities money like silver and gold pretty much leads to the invention of banking, hawala, and consequently lending and fractional reserve system.
Just try to carry around 15~20 kg of silver or gold around with you, like a monster box of 500 Eagle or Maple around for a week and see what happens. I have done so and it is quite enlightening. You can immediately see why people want to store this somewhere and not want to carry it around for trade. It is far easier to to get that "Letter of Credit" and present it to the local branch of some banking serve for delivery of goods at the port rather than haul so much metals around.
Naturally with "custodial" banking, it does not take a genius to start lending out these "dead weight money" with some sort of fractional reserve system and try to make some money on the side.
Edit. This does not mean that some genius won't find a way to start a credit system with crypto, like Ripple is trying to do. You could have an IOU system build on top of PoW crypto using BTC as reserve.
While a partial reserve system could be built atop crypto, unlike with PMs, there is no incentive for someone to accept such derivatives. Yes, carrying your gold or silver around with you all the time can be an imposition. Which is probably the primary force that gave rise to partial reserve systems. In contrast, it is no easier to hold crypto derivatives than it is to hold the crypto itself (i.e. the private keys). As such, absolutely no incentive for owners to accept a derivative IOU in lieu of the real thing.
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jbreher
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September 29, 2017, 10:37:41 PM |
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As an aside, since nothing is happening and we are bored, let's have a little philosophical kerfluffle. What is the difference between genius and insanity?
Answer: How much money they can make for their ideas. Good point. See: Tesla vs. Edison. One of these two was a good businessman, and the other is still regarded as a kook. Kook? I'm quite happy I don't travel in your circles. (Note: one of these guys actually has a fundamental SI unit named after him. The other one's name has been used for a form of plug.)
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jbreher
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September 29, 2017, 10:39:36 PM |
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Typical false narrative leading headline. The ban is ICOs, not crypto sales.
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Meuh6879
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September 29, 2017, 10:54:38 PM |
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In contrast, it is no easier to hold crypto derivatives than it is to hold the crypto itself (i.e. the private keys). As such, absolutely no incentive for owners to accept a derivative IOU in lieu of the real thing.
And it's good. Because stock action owning is a Fraud. They can loan stock action to multiple ... buyers.
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