mindrust
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January 30, 2018, 03:03:38 PM |
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We have 3 choices now.
We either go up, down or sideways. There simply isn't another way. If you don't agree you are a bcash shill.
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sirazimuth
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January 30, 2018, 03:19:33 PM |
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We have 3 choices now.
We either go up, down or sideways.
Well I’ll go out on a limb here and say yeah ,you pretty much covered all the bases there bro....
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jojo69
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January 30, 2018, 03:27:52 PM |
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I am not finding this breakdown of the line from the 17th convincing.
Unconvincing shake? now I find it convincing support around 9800 GDAX
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gentlemand
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January 30, 2018, 03:37:43 PM |
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This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.
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Arriemoller
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Cлaвa Укpaїнi!
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January 30, 2018, 03:42:40 PM |
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We have 3 choices now.
We either go up, down or sideways. There simply isn't another way. If you don't agree you are a bcash shill.
https://youtu.be/mzJmTCYmo9g?t=117
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jojo69
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January 30, 2018, 03:57:40 PM |
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bounce off the 200 here?
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romneymoney
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January 30, 2018, 03:58:06 PM |
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This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.
That's when I started buying so I remember it well. I've thought the same many times.
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LFC_Bitcoin
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January 30, 2018, 04:12:54 PM |
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This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.
I’m a long term HODLER but in that scenario I’d be seriously increasing my stash again. Weak hands are pathetic but there’s always an opportunity to capitalise on other people being pathetic.
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Enjel
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January 30, 2018, 04:38:15 PM Merited by JayJuanGee (1) |
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This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.
I think we've pretty much hit the bottom. For those who bought at 18k, expecting to get rich quick, a drop to 9k is more than enough shock to shake those people off. Transaction costs are also no longer an issue, and speed is up. FUD is down too, since South Korea just added some regulations. We just had over 50% correction. A larger correction makes no sense since the run-up was nowhere near as sudden as back in 2013. Just scooped up some more BTCs near 10k. Have a bit left in reserve to buy if it drops to ~8k.
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Lopumbo
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January 30, 2018, 04:55:28 PM |
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some of you seem to suffer from some form of cognitive dissonance what is cheap? what is expensive? only because we reached 20k$ doesn't mean 10k$ is cheap in comparison, if that price was reached through fraudulent activities. You just have that anchor of "20k$" which serves as a basis of price evaluation.
Don't forget that the bitcoin engine has to be filled by about 10 Million $ every fucking day to keep the price stable!
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Nosk
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January 30, 2018, 04:59:25 PM Merited by LFC_Bitcoin (1) |
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This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.
I think we've pretty much hit the bottom. For those who bought at 18k, expecting to get rich quick, a drop to 9k is more than enough shock to shake those people off. Transaction costs are also no longer an issue, and speed is up. FUD is down too, since South Korea just added some regulations. We just had over 50% correction. A larger correction makes no sense since the run-up was nowhere near as sudden as back in 2013. Just scooped up some more BTCs near 10k. Have a bit left in reserve to buy if it drops to ~8k. True that the FUD news are starting to fade away. I see more and more bullish articles on google news : samsung starting to create ASIC hardware, lightning network newcomers (just look at google trend https://trends.google.com/trends/explore?q=lightning%20network ), the guy who was robbed and forced to give his bitcoins (feel sorry for him but maybe the average dude will see this and think "oh so that bitcoin thing is actually valuable"), etc... I don't see why the price would continue to drop. Plus, mluc called bottom at 9k max and then an increase to 40k-110k by the end of 2018 so, hey. Hodl.
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d_eddie
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January 30, 2018, 05:02:35 PM |
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The strange part about all this is that the possibility to continue to another ATH is still not completely off the chart and could fit the previous pattern..
Maverick trader contrarian thinking eh? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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fragout
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January 30, 2018, 05:14:51 PM Last edit: January 30, 2018, 05:26:37 PM by fragout |
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This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.
I think we've pretty much hit the bottom. For those who bought at 18k, expecting to get rich quick, a drop to 9k is more than enough shock to shake those people off. Transaction costs are also no longer an issue, and speed is up. FUD is down too, since South Korea just added some regulations. We just had over 50% correction. A larger correction makes no sense since the run-up was nowhere near as sudden as back in 2013. Just scooped up some more BTCs near 10k. Have a bit left in reserve to buy if it drops to ~8k. True that the FUD news are starting to fade away.I see more and more bullish articles on google news : samsung starting to create ASIC hardware, lightning network newcomers (just look at google trend https://trends.google.com/trends/explore?q=lightning%20network ), the guy who was robbed and forced to give his bitcoins (feel sorry for him but maybe the average dude will see this and think "oh so that bitcoin thing is actually valuable"), etc... I don't see why the price would continue to drop. Plus, mluc called bottom at 9k max and then an increase to 40k-110k by the end of 2018 so, hey. Hodl. What about all the Tether fud?? And why no response of any kind from Tether? even a bullshit response like we have hired new auditors etc EDIT: Havnt read it yet but -- https://tether.to/wp-content/uploads/2017/09/Final-Tether-Consulting-Report-9-15-17_Redacted.pdf
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rezurect007
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January 30, 2018, 05:22:40 PM |
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I was blown away yesterday when I opened my Electrum wallet and wanted to send BTC to some family members as part of a Chiristmas gift. The idea was to send my $100 dollar gifts with low fees so that I would not be giving much of my gifting to the miners. To my surprise the lowest calculated fee on the wallet was equivalent to 191 sat/b while the mempool was chugging away at 20-30 sat/b. So I clicked the manual fees option and sent the transaction at 40 sat/b. Today (a few hours later) I went back to my wallet and clicked automatic (dynamic) fee calculation and the calculated fees had dropped to a correct levels like 5 to 50 sat/b. Then I took a look at the Bitcoin fees page https://bitcoinfees.earn.com/ and realized that still many people are sending transactions with huge fees while others have scaled fees somewhat appropriately. I am shocked at the variability of how much money the miners are charging for processing the transactions. My transactions are small so typically 226 bytes is a good average size, today I can send transactions for 10 sat/b or 226sat x 10sat/byte / 100000000 = 0.0000226 BTC ($0.24) and there are people who are still paying 300 sat/byte or 30 times more 0.0000226 * 300/10 = 0.000678 BTC or ($7.48). And then you can see on the fees transaction page ( https://bitcoinfees.earn.com/ ) that the bulk of the transactions are centered around 191 to 200 sat/byte; and that is the shocking part. This means that most of the wallets used are still stuck around the 191 to 200 sat/byte and not adjusting the fees dynamically like I noticed yesterday. My conclusion: The miners have influenced the wallet generators to keep transactions very expensive so they can profit more. Electrum wallet fees will remain very high unless you switch to manual fees and send some cheap transactions, then the automatic fee calculation will kick in when you go back from manual to automatic fee calculation. This change in automatic fee calculation did not happen immediately so be careful if you want to send some cheap transactions that the fees are adjusted properly and probably better to configure the fees manually. I am on the belief that the spammers have finally realized that it is not to their advantage to keep spamming the mempool and hurting Bitcoins ability to send money cheap! It will be very interesting to see what the future holds for Bitcoins when lightning fast transactions and smart contracts are activated on the network. eidt: Also noticed that the fee transaction page still says: "Which fee should I use? The fastest and cheapest transaction fee is currently 170 satoshis/byte, shown in green at the top. For the median transaction size of 226 bytes, this results in a fee of 38,420 satoshis." False information again to benefit the miners!!!! My BS speculation skills at work: Why the spike at the end? Doesn't look like spam? OR maybe it is. Too chaep TX fee for miners, smaller scale SPAM? Or People woke up and suddenly felt the urge to move coins? Crash anticipation? Realistic: I do agree that the wallets don't seem to be helping the TX fee cause. Higher TX fee >> faster TX confirmation>> Lesser TX wait times>> Happier Wallet end-users. I believe Wallets have a built in bias towards higher fee. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fi9OIPJM.png&t=665&c=7BpKdN0NDxU2LA)
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rezurect007
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January 30, 2018, 05:26:14 PM |
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Could anybody please help me find a decent ASK/BID SUM visualizer for STAMP/GDAX/BFX in like chart timelines overlay or any?
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LFC_Bitcoin
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January 30, 2018, 05:32:06 PM |
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This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.
I think we've pretty much hit the bottom. For those who bought at 18k, expecting to get rich quick, a drop to 9k is more than enough shock to shake those people off. Transaction costs are also no longer an issue, and speed is up. FUD is down too, since South Korea just added some regulations. We just had over 50% correction. A larger correction makes no sense since the run-up was nowhere near as sudden as back in 2013. Just scooped up some more BTCs near 10k. Have a bit left in reserve to buy if it drops to ~8k. True that the FUD news are starting to fade away. I see more and more bullish articles on google news : samsung starting to create ASIC hardware, lightning network newcomers (just look at google trend https://trends.google.com/trends/explore?q=lightning%20network ), the guy who was robbed and forced to give his bitcoins (feel sorry for him but maybe the average dude will see this and think "oh so that bitcoin thing is actually valuable"), etc... I don't see why the price would continue to drop. Plus, mluc called bottom at 9k max and then an increase to 40k-110k by the end of 2018 so, hey. Hodl.![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia1.giphy.com%2Fmedia%2F3oEjHCpGGdmfeq49dS%2Fgiphy.gif&t=665&c=lhDXJehcikSB2Q)
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rezurect007
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January 30, 2018, 05:34:24 PM |
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This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.
I think we've pretty much hit the bottom. For those who bought at 18k, expecting to get rich quick, a drop to 9k is more than enough shock to shake those people off. Transaction costs are also no longer an issue, and speed is up. FUD is down too, since South Korea just added some regulations. We just had over 50% correction. A larger correction makes no sense since the run-up was nowhere near as sudden as back in 2013. Just scooped up some more BTCs near 10k. Have a bit left in reserve to buy if it drops to ~8k. True that the FUD news are starting to fade away. I see more and more bullish articles on google news : samsung starting to create ASIC hardware, lightning network newcomers (just look at google trend https://trends.google.com/trends/explore?q=lightning%20network ), the guy who was robbed and forced to give his bitcoins (feel sorry for him but maybe the average dude will see this and think "oh so that bitcoin thing is actually valuable"), etc... I don't see why the price would continue to drop. Plus, mluc called bottom at 9k max and then an increase to 40k-110k by the end of 2018 so, hey. Hodl.![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia1.giphy.com%2Fmedia%2F3oEjHCpGGdmfeq49dS%2Fgiphy.gif&t=665&c=lhDXJehcikSB2Q) lol. Where on earth does Masterluc grace his predictions?
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Asrael999
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January 30, 2018, 05:40:41 PM |
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This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.
I think we've pretty much hit the bottom. For those who bought at 18k, expecting to get rich quick, a drop to 9k is more than enough shock to shake those people off. Transaction costs are also no longer an issue, and speed is up. FUD is down too, since South Korea just added some regulations. We just had over 50% correction. A larger correction makes no sense since the run-up was nowhere near as sudden as back in 2013. Just scooped up some more BTCs near 10k. Have a bit left in reserve to buy if it drops to ~8k. True that the FUD news are starting to fade away.I see more and more bullish articles on google news : samsung starting to create ASIC hardware, lightning network newcomers (just look at google trend https://trends.google.com/trends/explore?q=lightning%20network ), the guy who was robbed and forced to give his bitcoins (feel sorry for him but maybe the average dude will see this and think "oh so that bitcoin thing is actually valuable"), etc... I don't see why the price would continue to drop. Plus, mluc called bottom at 9k max and then an increase to 40k-110k by the end of 2018 so, hey. Hodl. What about all the Tether fud?? And why no response of any kind from Tether? even a bullshit response like we have hired new auditors etc EDIT: Havnt read it yet but -- https://tether.to/wp-content/uploads/2017/09/Final-Tether-Consulting-Report-9-15-17_Redacted.pdfBecause this is the sort of bullshit conspiracy put together by people who can't get their head around what the consequences of leveraged shorting of BTC on bitfinex would be on tether. Think about it a bit, now what's been happening over the last few weeks do you think? Bear in mind anyone with a USD balance on bitfinex actually has a tether balance, so if they make profits via leveraged trades they create tether.
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rezurect007
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January 30, 2018, 05:49:35 PM |
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