TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
|
|
December 27, 2017, 06:25:15 PM |
|
Why is anyone suprised? I made the announcement that there would be a top at 16,000. Therefore it should be completely expected and there should be no discussion here. Just a bunch of blank pages.
|
|
|
|
luckygenough56
Legendary
Offline
Activity: 1526
Merit: 1012
|
|
December 27, 2017, 06:42:12 PM |
|
Why is anyone suprised? I made the announcement that there would be a top at 16,000. Therefore it should be completely expected and there should be no discussion here. Just a bunch of blank pages.
because we should be at 25k, new ath everyday. Well, in a permabull mind
|
|
|
|
mr angry
|
|
December 27, 2017, 06:47:30 PM |
|
Why is anyone suprised? I made the announcement that there would be a top at 16,000. Therefore it should be completely expected and there should be no discussion here. Just a bunch of blank pages.
because we should be at 25k, new ath everyday. Well, in a permabull mind Range bound for a few weeks sounds good to me.
|
|
|
|
luckygenough56
Legendary
Offline
Activity: 1526
Merit: 1012
|
|
December 27, 2017, 06:52:01 PM Last edit: December 27, 2017, 07:05:47 PM by luckygenough56 |
|
Is LN blockchain admission of failure ? Ain't we better off using ripple at this point ?
|
|
|
|
Micky25
Legendary
Offline
Activity: 974
Merit: 1000
|
|
December 27, 2017, 06:53:31 PM |
|
Good morning Bitcoinland. I see we lost the bit we gained last night and we're right back where we were yesterday morning... currently $15247USD/$19307CAD (Bitcoinaverage). Old coins are worth $18448USD/$23357CAD each (Coinmarketcap). I suppose sideways is better than going down but this morning's dip feels contrived and artificial. Obviously it will be temporary but it's annoying to me because I would have sold a very small amount of coin last night to take advantage of a boxing week special to buy a Win7 laptop for a friend. Unfortunately my local 24/7 ATM wasn't buying coins and all the other nearby ATMs were closed for the holiday. Now I'll have to wait a day or two until I get some more cash revenues or Bitcoin prices rise sufficiently. There's no way I'm selling any coins at this price. Too bad, she's coming into town tomorrow night and I wanted to have it set up to surprise her. I also wanted to get one for myself as a "throwaway" for international travel that I won't have to worry about falling into the wrong hands. I can save $600 by buying them this week. Notice how they're trying to paint a head-and-shoulders pattern on the tape, in a low volume/participation environment. Classic Bitcoin. No freaking kidding. I'm glad I'm not the only one to notice. You can get a free upgrade to Win10 until 12/31 www.microsoft.com/accessibility/windows10upgradeAbout the chart: I want to see this baby at 100.000 next year.
|
|
|
|
TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
|
|
December 27, 2017, 06:55:47 PM |
|
About the chart: I want to see this baby at 100.000 next year.
$100 is too low. I'm not THAT bearish. I think most likely itll just briefly bottom at $5500
|
|
|
|
AlcoHoDL
Legendary
Offline
Activity: 2520
Merit: 4630
Addicted to HoDLing!
|
|
December 27, 2017, 06:56:42 PM |
|
Because of that little conversation I sold my 15125 buy at 14800 or so... 3 bucks lost. Here's hoping I catch the bigger dip... But seeing as we're back at 15100... Getting nervous.
Pretty much what the other posters have said. Just HoDL! If you make a move, just stick to it and don't panic. Statistically you will end up losing if you try to outrun the market by acting spasmodically. If it dips more, just buy more (if you have more fiat to spend). I've also sent some fiat to Kraken for some BTC shopping, and was thinking to buy as soon as the funds become available to spend. But I've been reading about expected dips to $10k or even $8k and lower... What to do? Will wait for a while and then make my move.
|
|
|
|
jojo69
Legendary
Offline
Activity: 3304
Merit: 4573
diamond-handed zealot
|
|
December 27, 2017, 06:57:05 PM |
|
"upgrade"
|
|
|
|
AlcoHoDL
Legendary
Offline
Activity: 2520
Merit: 4630
Addicted to HoDLing!
|
|
December 27, 2017, 07:00:07 PM |
|
I had the impression that Jimbo actually wants his new laptop to have Windows 7! And so right he is... I'm on Windows 7 and extremely satisfied. I'm going nowhere near a version number > 7 unless I absolutely have to.
|
|
|
|
|
Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
|
|
December 27, 2017, 07:08:03 PM |
|
@Toxic2040, beautiful graph you posted. We are ready for what’s coming.
|
|
|
|
Torque
Legendary
Offline
Activity: 3710
Merit: 5286
|
|
December 27, 2017, 07:08:22 PM |
|
About the chart: I want to see this baby at 100.000 next year.
$100 is too low. I'm not THAT bearish. I think most likely itll just briefly bottom at $5500 Lol. He meant $100k. And no you won't see $5500 ever again.
|
|
|
|
cAPSLOCK
Legendary
Offline
Activity: 3794
Merit: 5192
Maybe the Mars is the future!
|
|
December 27, 2017, 07:17:37 PM |
|
ain't LN blockchain admission of failure Ain't we better off using ripple at this point ? No and no. Bitcoin is bitcoin. Censorship resistant, and decentralized. The lightning network is technology being built on top of the protocol. The people building it, as well as many of us, see it as offering lots of valuable features. It's sort of like HTML... HTML is an ever changing markup language used ON TOP of the HTTP specification. HTML changes frequently, adding features for things like video transmission etc. HTTP? Doesn't change that often. It's job is to be the rock solid base on which HTML does it's magic. The bitcoin protocol is similar. A slow changing protocol, but in THIS case managed in part by the consensus of the users as well as devs miners etc. I think Wladimir van der Laan takes the right course when he is slow to make big changes to the underlying protocol. LN is like HTML. The market is developing it to make the protocol useful for the masses. With development like this bitcoin comes out of the shadows and useful features are made available for everyday users. For example: Currently "being your own bank" entails complex OPSEC that even the experienced computer users can have trouble with and possibly fail. Whether we like it or not we NEED 3rd party solutions to help both grandma and banks handle the geeky aspects of using crypto. Without these developments we will never see mainstream use. If bitcoin is to continue evolving into the premier form of wealth storage, unit of account, and means of exchange we MUST -- **MUST** see millions of transactions a second. LN is currently the first and best step towards enabling that future. So no. No. Bitcoin has not failed. In fact it has barely begun succeeding. I can see you have basically no idea what's coming. So the show will be pretty fun for you to watch. Hold onto your ass. And hodl on to your BTC.
|
|
|
|
mr angry
|
|
December 27, 2017, 07:29:53 PM |
|
I've also sent some fiat to Kraken for some BTC shopping, and was thinking to buy as soon as the funds become available to spend. But I've been reading about expected dips to $10k or even $8k and lower... What to do? Will wait for a while and then make my move.
The kraken announcement thread gave me the impression that it's extremely difficult to log in, and that buying and selling is a bigger cluster fuck. Have you not experienced any problems there lately?
|
|
|
|
TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
|
|
December 27, 2017, 07:31:42 PM |
|
$5500 is actually incredibly generous. I dont know why you doubt it at all.
|
|
|
|
cAPSLOCK
Legendary
Offline
Activity: 3794
Merit: 5192
Maybe the Mars is the future!
|
|
December 27, 2017, 07:32:11 PM |
|
Is LN blockchain admission of failure ? Ain't we better off using ripple at this point ?
Are you fucking retarded or something ? LN is an evolutionary step for Bitcoin. When you check your email, would you rather telnet/ssh directly to the mail server and issue manual commands, or would you prefer to use a mail client that does all the heavy lifting for you ? A much pithier explanation than mine.
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3864
Merit: 10900
Self-Custody is a right. Say no to"Non-custodial"
|
|
December 27, 2017, 07:36:05 PM |
|
This is a wall observer thread. Whatever coins has the biggest walls wins.
U makin shit up? You read the title? Does the title say bitcoin? only once! twice no? we got BTC and we got bitcoin. means the same thing, but represents twice, rightto? fair nuff. sure, twice. glad we got that sorted.... seemed important, no? critical, no less... Well depending upon where you are in the world, the next 5 days-ish are ABSOLUTELY.... critical.
|
|
|
|
HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
|
|
December 27, 2017, 07:57:46 PM |
|
The post about needing to be on certain exchanges to get B2X coins came from me. I deleted it because i think I got it wrong (the website was confusingly worded). They have now reworded the website to make clear cold wallet holders get an allocation.
Of course this doesn’t preclude some stupid rule like Garzik you need to send the coins to yourself in a 30 day period but we won’t tell you until the 30days has already passed.
|
|
|
|
luckygenough56
Legendary
Offline
Activity: 1526
Merit: 1012
|
|
December 27, 2017, 08:20:32 PM |
|
Is LN blockchain admission of failure ? Ain't we better off using ripple at this point ?
Are you fucking retarded or something ? LN is an evolutionary step for Bitcoin. When you check your email, would you rather telnet/ssh directly to the mail server and issue manual commands, or would you prefer to use a mail client that does all the heavy lifting for you ? A much pithier explanation than mine. but off-chain txs are an admission of failure, security and trust is compromised, it's not blockchain anymore, it's patch-up.
|
|
|
|
jojo69
Legendary
Offline
Activity: 3304
Merit: 4573
diamond-handed zealot
|
|
December 27, 2017, 08:30:06 PM |
|
but off-chain txs are an admission of failure, security and trust is compromised, it's not blockchain anymore, it's patch-up.
this is what I have been saying for years also why I have refused to use the internet except for telnet and FTP
|
|
|
|
|