vroom
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a Cray can run an endless loop in under 4 hours
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November 09, 2017, 11:48:53 AM |
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So let me get this straight. A lot of peeps were worried about the impact of S2x on BTC which may have stalled the price rise a little. Now that the threat has dissipated, the price is going down? Why don’t peeps just hodl and make the commodity scarce and watch their wealth increase? I guess trading isn’t a game I want to take up any time soon!
many people sold altcoins and bought bitcoin to get free coins from b2x. now there are no free coins and people change back to altcoins. once this is over we should see a new ATH soon.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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yefi
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Merit: 1511
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November 09, 2017, 11:49:41 AM |
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Im slightly confused on how CME will affect the price of bitcoin as there is no actual bitcoin bought in their trades and people using CME are basically just betting on the future price. Or have i got it totally wrong?
The price of bitcoin should converge with the futures price due to arbitrage. I'd expect institutional investors to go long given momentum and that we're at ATHs. It's probably going to be easier to push this to $20K than say $2K. Actually I am less and less inclined to educate people on the facts and prefer to let market do its work, i.e. redistribute wealth from those who are ignorant or got it wrong and yet refused to admit their mistakes.
This. Maybe they'll get the picture when they're our worker bees.
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drbrockcoin
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For your listening pleasure, Fuck World Trade!
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November 09, 2017, 11:58:25 AM |
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Well would you look at that, Bitcoin is dropping while Alts are once again skyrocketing in value.
If Bitcoin can't scale and can't be used for everyday transactions, then this also diminishes its usefulness as a store of value. Bitcoin becomes primarily an instrument for rich speculators, and little else. Other coins will be used for actual commerce and day to day transactions.
Are you all happy now?
Yes I am happy. This scenario is completely acceptable. In a world where Gold is still used as money (you know for thousands of years) then are you buying your shopping with GOLD or are you using another payment method such as I$I$Coin (FIAT)? So.... Bitcoin is where you save and speculate if you want And Etheerum/Litecoin or whatever is what you use to buy condoms at 7/11
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rjclarke2000
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November 09, 2017, 12:06:52 PM |
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I'm telling myself this little drop the next day after being told no free coins makes sense right?
Selling the btc they don't want due to no free 2x coin?
Right?
Right?
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eXpl0sive
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November 09, 2017, 12:11:56 PM |
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I'm telling myself this little drop the next day after being told no free coins makes sense right?
Selling the btc they don't want due to no free 2x coin?
Right?
Right?
RIGHT. Just BTFD! But I'm sure this is not the bottom yet. Waiting to BTFD.
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AlcoHoDL
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Activity: 2366
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Addicted to HoDLing!
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November 09, 2017, 12:18:11 PM |
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Arriemoller
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Cлaвa Укpaїнi!
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November 09, 2017, 01:03:03 PM |
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conspirosphere.tk
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Activity: 2352
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Bitcoin is antisemitic
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November 09, 2017, 01:15:02 PM |
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Yes I noticed a number of newfags lately, some of which attempted to troll me acting as red guards of the political correctness. It is the same demographics pushing for bitcoin as cash/trash. Let's hope that they will stay in their safe space playing with their new goymoney for lattes from now on.
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P_Shep
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This is not OK.
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November 09, 2017, 01:19:57 PM |
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I can't believe that bitcoin is back at the price it was a day ago.
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Ibian
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November 09, 2017, 01:20:40 PM |
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Inevitable. It's always K types who explore risky ventures like this, and once it's proven to be more or less safe the rabbits join in.
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Arriemoller
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Activity: 2282
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Cлaвa Укpaїнi!
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November 09, 2017, 01:32:36 PM |
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Inevitable. It's always K types who explore risky ventures like this, and once it's proven to be more or less safe the rabbits join in. Yes I know, but it makes me feel sad, there are no places for us anymore. Well fewer at least, and I miss the good old days when we were all libertarians and the discussions revolved around different flavours of libertarianism, rather than us against them. EDIT: revolved
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Last of the V8s
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Activity: 1652
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Be a bank
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November 09, 2017, 01:55:52 PM |
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Last of the V8s
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Merit: 4392
Be a bank
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November 09, 2017, 02:10:09 PM |
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keeping up with the garzicks
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_javier_
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Activity: 444
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Still a manic miner
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November 09, 2017, 02:15:23 PM |
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next 24hr are critical
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abercrombie
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Activity: 1159
Merit: 1001
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November 09, 2017, 02:29:26 PM |
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So what happens next after the segwit2x cancelation?
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Ibian
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November 09, 2017, 02:29:41 PM |
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So what happens next after the segwit2x cancelation? DOOM
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Elwar
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Viva Ut Vivas
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November 09, 2017, 02:33:15 PM |
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As long as Bitcoin finally reaches the adoption rate where we can all stop paying taxes, then the true reason for Bitcoin will be fulfilled.
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Last of the V8s
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Be a bank
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November 09, 2017, 02:33:55 PM |
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@Melt_Dem 21h21 hours ago
segwit2x delayed until 2018
still nothing from DCG except the tea-girl
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jojo69
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diamond-handed zealot
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November 09, 2017, 02:42:14 PM |
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This has got to be the funniest meme I've ever seen! LOL!I hope we have Carolina soon, as I've just got myself two shiny new BTC... Doing my part to keep it alive. It was sort of a collective effort, but my credit goes to Bob Lawblaw on this one for the immaculate fiddle shop, tip o' the hat to that fabulous cow killin' queer.
Actually I am less and less inclined to educate people on the facts and prefer to let market do its work, i.e. redistribute wealth from those who are ignorant or got it wrong and yet refused to admit their mistakes.
This, I love it when being wrong has actual, real time, consequences, as opposed to, say, denying evolution or a spherical planet.
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vroom
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Activity: 1302
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a Cray can run an endless loop in under 4 hours
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November 09, 2017, 02:46:36 PM |
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can we have some choo choo please. altcoins got enough love now.
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