BTCMILLIONAIRE
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February 10, 2018, 01:45:49 PM |
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Dogecoin, an utter joke, always has been, always will be.
At least is still decentralized, and the inflation rate is known. There are several worse scams in the top 10 cryptos, not to say of the rest. That said, the mass will be always scammed, in one way or the other. But being scammed with shitcoins is an huge progress because it's voluntary, so it teaches responsibility and it let ppl's awareness grow instead of being reduced to spoiled brats of the government. Doge isn't a scam. It was incepted as a self-aware meme. And frankly speaking I'd be more willing to use Doge than fiat currency if the infrastructure existed. I wouldn't throw money at it, but in the case of a binary choice between fiat and Doge where Doge could be spent just as easily as fiat I would go with the latter any day.
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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February 10, 2018, 01:52:56 PM |
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"ECB board member Yves Mersch said on Thursday that “cryptocurrencies” are “not money, nor will they be for the foreseeable future.”"
So we either have a pathological liar or a donkey who doesn't understand what money is in the board of the ECB.
I do not rule out that his view on money may require some ‘upgrading’ ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Globb0
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Free spirit
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February 10, 2018, 02:04:45 PM |
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![Cool](https://bitcointalk.org/Smileys/default/cool.gif) $1O,OOO BTCBTCstreet price* #checkmate Yeah but now they are being told they were right. It has crashed. Bit of a misrepresentation of the actual situation.
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conspirosphere.tk
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Merit: 1064
Bitcoin is antisemitic
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February 10, 2018, 02:08:05 PM |
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"ECB board member Yves Mersch said on Thursday that “cryptocurrencies” are “not money, nor will they be for the foreseeable future.”"
So we eithr have a pathological liar or a donkey who doesn't understand what money is in the board of the ECB.
That's very good news, because if it's not money it cannot be taxed, and neither it should be subject to AML/KYC b/s. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FDVpKnvaUMAEbkcc.jpg&t=665&c=LPuy3Qc7z7hxYA)
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bitserve
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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February 10, 2018, 02:26:41 PM |
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"ECB board member Yves Mersch said on Thursday that “cryptocurrencies” are “not money, nor will they be for the foreseeable future.”"
So we eithr have a pathological liar or a donkey who doesn't understand what money is in the board of the ECB.
That's very good news, because if it's not money it cannot be taxed, and neither it should be subject to AML/KYC b/s. Unfortunately, any bartering is a taxable event too. Otherwise everyone would have long stopped using fiat currencies as an intermediary step. Being "money" has nothing to do with it.
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Torque
Legendary
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Activity: 3668
Merit: 5232
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BTC dominance is sinking and sinking.
I don't really like this.
Altcoins are thriving just as before the crash and it gets worst.
That's to be expected considering that there is only one Bitcoin and over a thousand altcoins. I don't really see an issue with that though, especially when considering that most altcoins are bound to eventually evaporate like dot com companies and the likes. Yeah, the % dominance thing on coinmarketcap is a complete farce. Since they count literally every new shitcoin they add to the list, then every time a shitcoin gets added to their listing, and then it wash trades a few coins up to a $1M market cap, Bitcoin's % dominance goes down. So '% dominance' is a meaningless metric now. There were 1000 coins listed in Jan 2017. There were 1400 coins listed in Nov. Now there are 1516. So 516 new shitcoins added in a year, and 116 new shitcoins added to coinmarketcap just in the last two months. What does that tell you?
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BTCMILLIONAIRE
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 02:56:09 PM |
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BTC dominance is sinking and sinking.
I don't really like this.
Altcoins are thriving just as before the crash and it gets worst.
That's to be expected considering that there is only one Bitcoin and over a thousand altcoins. I don't really see an issue with that though, especially when considering that most altcoins are bound to eventually evaporate like dot com companies and the likes. Yeah, the % dominance thing on coinmarketcap is a complete farce. Since they count literally every new shitcoin they add to the list, then every time a shitcoin gets added to their listing, and then it wash trades a few coins up to a $1M market cap, Bitcoin's % dominance goes down. So '% dominance' is a meaningless metric now. There were 1400 coins listed in Nov. Now there are 1516. So 116 new shitcoins added to coinmarketcap in the last two months. What does that tell you? That Bitcoin has got to be one hell of a mighty beast to still have such a massive market share. The dominance metric should be removed or replaced though, perhaps only count the top 100 coins, or only coins that surpass a certain threshold.
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romneymoney
Full Member
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Activity: 193
Merit: 117
HODL
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 02:56:27 PM |
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BTC dominance is sinking and sinking.
I don't really like this.
Altcoins are thriving just as before the crash and it gets worst.
That's to be expected considering that there is only one Bitcoin and over a thousand altcoins. I don't really see an issue with that though, especially when considering that most altcoins are bound to eventually evaporate like dot com companies and the likes. Yeah, the % dominance thing on coinmarketcap is a complete farce. Since they count literally every new shitcoin they add to the list, then every time a shitcoin gets added to their listing, and then it wash trades a few coins up to a $1M market cap, Bitcoin's % dominance goes down. So '% dominance' is a meaningless metric now. There were 1400 coins listed in Nov. Now there are 1516. So 116 new shitcoins added to coinmarketcap in the last two months. What does that tell you? I think that's a good fair point I hadn't considered before really. Many of these coins with small to mid "market caps" on cmc are probably worth a fraction of the reported value. I don't think it necessarily applies to the larger cap coins though. If you remove the "other" from the chart it's still a fairly major chunk of dominance that has shifted.
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BTCMILLIONAIRE
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 02:59:56 PM |
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BTC dominance is sinking and sinking.
I don't really like this.
Altcoins are thriving just as before the crash and it gets worst.
That's to be expected considering that there is only one Bitcoin and over a thousand altcoins. I don't really see an issue with that though, especially when considering that most altcoins are bound to eventually evaporate like dot com companies and the likes. Yeah, the % dominance thing on coinmarketcap is a complete farce. Since they count literally every new shitcoin they add to the list, then every time a shitcoin gets added to their listing, and then it wash trades a few coins up to a $1M market cap, Bitcoin's % dominance goes down. So '% dominance' is a meaningless metric now. There were 1400 coins listed in Nov. Now there are 1516. So 116 new shitcoins added to coinmarketcap in the last two months. What does that tell you? I think that's a good fair point I hadn't considered before really. Many of these coins with small to mid "market caps" on cmc are probably worth a fraction of the reported value. I don't think it necessarily applies to the larger cap coins though. If you remove the "other" from the chart it's still a fairly major chunk of dominance that has shifted. If you watch the charts very regularly you'll notice wash traded coins popping up and disappearing on a quite frequent basis. Part of me wants to just throw small bucks at every shitcoin just to sell the washed up pumps, but that gambling part of me can't compete with the part that seeks predictable metrics of value. I also don't feel like supporting their scammy little shit games just to turn some extra profits.
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El duderino_
Legendary
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Activity: 2618
Merit: 12753
BTC + Crossfit, living life.
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February 10, 2018, 03:01:05 PM |
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For me, bitcoin is the shitcoin. First of its kind, but useless. There is better coins for everything on the market. As soon as other coins will be traded agains USD instead of BTC, BTC will be dead.
Mmmm then go too Some alt threat or something
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Torque
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February 10, 2018, 03:03:52 PM Last edit: February 10, 2018, 03:39:32 PM by Torque |
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I think that's a good fair point I hadn't considered before really. Many of these coins with small to mid "market caps" on cmc are probably worth a fraction of the reported value. I don't think it necessarily applies to the larger cap coins though. If you remove the "other" from the chart it's still a fairly major chunk of dominance that has shifted.
The whole thing is just stupid. I could create a shitcoin today with a trillion coins (which I pre-mine 99.99% of them), wash trade one coin on an exchange for $1, and voilà my shitcoin has a $1T market cap and be #1 on the cmc listing.
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conspirosphere.tk
Legendary
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Activity: 2352
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Bitcoin is antisemitic
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February 10, 2018, 03:20:12 PM |
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Here come the bears. HODL! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FgJB2V6f.png&t=665&c=RdJLpjBa5CMYhw)
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BTCMILLIONAIRE
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February 10, 2018, 03:23:06 PM |
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When did CMC re-add Korean exchanges to the average calculations?
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El duderino_
Legendary
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Activity: 2618
Merit: 12753
BTC + Crossfit, living life.
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Breaking 24777$ prediction game FINAL LIST 27/12/2017 bikerleszno ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 29/12/2018 cAPSLOCK ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 30/12/2017 digithusiast ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 31/12/2017 Raja_MBZ ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 01/01/2018 elg ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 02/01/2018 wachtwoord ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 03/01/2018 JimboToronto ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 04/01/2018 d_eddie ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 05/01/2018 BTCMILLIONAIRE ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 06/01/2018 HanvanBitcoin ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 07/01/2018 ghandi ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 08/01/2018 savetherainforrest ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 09/01/2018 explorer ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 10/01/2018 bicoinpsycho ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 11/01/2018 Bitcoinaire ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 12/01/2018 speedwheel ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 13/01/2018 undeadbitcoiner ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 14/01/2018 northypole ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 15/01/2018 ivomm ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 16/01/2018 maca068 ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 17/01/2018 bitcoinvest ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 18/01/2018 last of the v8s ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 19/01/2018 mfort312 ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 20/01/2018 1982dre ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 21/01/2018 flamast2 ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 22/01/2018 RealMachasm ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 23/01/2018 willope ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 24/01/2018 kartala ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 25/01/2018 orpington ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 26/01/2018 rolling ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 27/01/2018 LFC_bitcoin ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 28/01/2018 jojo69 ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 29/01/2018 CristiTCM ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 30/01/2018 rayX12 ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 31/01/2018 realsteelboy ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 01/02/2018 twocorn ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 02/02/2018 mancroofer ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 03/02/2018 True Myth ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 04/02/2018 poolminor ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 05/02/2018 itod ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 06/02/2018 scheptan ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 07/02/2018 vapourminer ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 08/02/2018 alexeft ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 09/02/2018 siera ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 10/02/2018 AlcoHoDL 11/02/2018 Dunkelheit667 12/02/2018 yonton 13/02/2018 Wekkel 14/02/2018 Thekool1s 15/02/2018 starmman 16/02/2018 Globb0 17/02/2018 leveldkrypto 18/02/2018 olesh 19/02/2018 BitCoinBurger 20/02/2018 Paashaas 21/02/2018 flynn 22/02/2018 icygreen 23/02/2018 erisdiscordia 24/02/2018 phil_s 25/02/2018 sirazimuth 26/02/2018 Arriemoller 27/02/2018 yonton 28/02/2018 Muttley 01/03/2018 bones261 02/03/2018 heater 03/03/2018 soullyG 04/03/2018 InvoKing 05/03/2018 Notme 06/03/2018 sa_94 07/03/2018 NUFCrichard 08/03/2018 Imbatman 09/03/2018 Roombot 10/03/2018 STT 11/03/2018 badream 13/03/2018 erre 14/03/2018 julian071 15/03/2018 podyx 17/03/2018 fragout 18/03/2018 fabiorem 21/03/2018 dakustaking76 23/03/2018 nikauforest 31/03/2018 vroom 01/04/2018 somac. 02/04/2018 kurious 04/04/2018 fluidjax 05/04/2018 bitcoinbunny 08/04/2018 tyler1890 10/04/2018 ludwigvon 11/04/2018 hairymaclairy 16/04/2018 practicaldreamer 18/04/2018 free-bit.co.in 27/04/2018 drbrockoin 01/05/2018 sprinkles 02/06/2018 oblox 07/07/2018 IntroVert 03/08/2018 toxic2040 28/08/2018 bitserve 15/10/2018 Yefi 05/11/2018 mikenz 31/12/2018 melman2002 01/01/2019 Spaceman_Spiff_Original 12/02/2019 FractalUniverse 21/04/2019 gentlemand 20/02/2020 romneymoney 18/12/2021 luckygenough56 UPDATE AND GOOD LUCK !!! BITCOIN?? Just ———-> hodl that shit keep innovating/ adapting/ learning/buying/ not panicing/decentralize and So on ......... And get quick @24777 Just for new future list games getting bored on This one ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) And Some say same old shit please like NEXT 24 h are critical ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) or .......
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bitcoinPsycho
Legendary
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Activity: 2590
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$120000 in 2024 Confirmed
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February 10, 2018, 03:52:52 PM |
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the next 10 years are critical
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cAPSLOCK
Legendary
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Activity: 3766
Merit: 5146
Whimsical Pants
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February 10, 2018, 03:56:00 PM |
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The next few hours may also be interesting... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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BTCMILLIONAIRE
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 04:09:11 PM |
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There aren't all that many days in crypto that aren't interesting. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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bitserve
Legendary
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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February 10, 2018, 04:11:14 PM |
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Breaking 24777$ prediction game FINAL LIST [...] UPDATE AND GOOD LUCK !!! BITCOIN?? Just ———-> hodl that shit keep innovating/ adapting/ learning/buying/ not panicing/decentralize and So on ......... And get quick @24777 Just for new future list games getting bored on This one ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) And Some say same old shit please like NEXT 24 h are critical ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) or ....... I think the game will become very exciting again as much as we are closer to the target price. It's funny that even if the prize is worth a VERY considerable amount (more so when the price is reached) many people would prefer someone else to win if that means we reach the price sooner than our expected date. To put things in perspective, when the prize is claimed, it will have a worth in FIAT of more than $6000USD!... And everyone will be enjoying the party, probably still celebrating having broken $20K just a few days/weeks before. Really anxious for that day to come ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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STT
Legendary
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Activity: 4018
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Exchange 250+ Coins With 0% Fees
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When did CMC re-add Korean exchanges to the average calculations?
Korea represents a large amount of volume by the people but I dont know about the exchanges. Maybe they did a deal between exchanges, a forthcoming authorised tie up after the recent CFTC surprise I think that's a good fair point I hadn't considered before really. Many of these coins with small to mid "market caps" on cmc are probably worth a fraction of the reported value. I don't think it necessarily applies to the larger cap coins though. If you remove the "other" from the chart it's still a fairly major chunk of dominance that has shifted.
The whole thing is just stupid. I could create a shitcoin today with a trillion coins (which I pre-mine 99.99% of them), wash trade one coin on an exchange for $1, and voilà my shitcoin has a $1T market cap and be #1 on the cmc listing. If this was stocks similarly this could happen however it never does because its so obviously a mistake. The only possibility is very short term inaccuracies which are noticed by the market and adjusted naturally by arbitrage. Such as BP stock is listed in New York and London (both holders are equal to each other) but obviously these two times of trading vary. Especially with large moves inaccuracy can occur which falsely lists the company value, traders will step in short sell mis-attributed value. The example you give cannot happen or should not because the market capital only relates to floated stock. If Bill Gates owns 10% of the company and its the same stock he held since the 1980's then its not part of the market cap. Same should apply to Bitcoin really, if the address is never used then its not part of the fairly rapid monetary velocity which makes up Bitcoin value. That guy who lost his laptop in a landfill doesnt count as value, theres HODL and theres lost to any practical use forever so clearly he and that address should not be popping up on TV screens as 'the value of:' So I assume all of Satoshi's money is quoted every time Bitcoin is discussed. We know he is never coming back to trade that though, the ironic effect if Satoshi did return I believe would be a drop in price. Just the new weight or equation of greater supply to the same demand. It might also be a positive of course longer term. Price is rebounding from an upper trend to the channel from ATH I think
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romneymoney
Full Member
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Activity: 193
Merit: 117
HODL
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 04:16:48 PM |
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Breaking 24777$ prediction game FINAL LIST [...] UPDATE AND GOOD LUCK !!! BITCOIN?? Just ———-> hodl that shit keep innovating/ adapting/ learning/buying/ not panicing/decentralize and So on ......... And get quick @24777 Just for new future list games getting bored on This one ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) And Some say same old shit please like NEXT 24 h are critical ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) or ....... I think the game will become very exciting again as much as we are closer to the target price. It's funny that even if the prize is worth a VERY considerable amount (more so when the price is reached) many people would prefer someone else to win if that means we reach the price sooner than our expected date.To put things in perspective, when the prize is claimed, it will have a worth in FIAT of more than $6000USD!... And everyone will be enjoying the party, probably still celebrating having broken $20K just a few days/weeks before. Really anxious for that day to come ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Damn straight. I am on there for 2 years + 10 days from now. Would love to be very wrong.
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