DonQuijote
Legendary
Offline
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 07:53:49 PM |
|
It will pop back down to 40k, after it pops at around 150k. No source. Just gut feel. No guts no glory!
I like your style, tell me more dude
|
|
|
|
mindrust
Legendary
Offline
Activity: 3374
Merit: 2501
Payment Gateway Allows Recurring Payments
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 07:57:19 PM |
|
Spot on. I hate these retards more than bcash shills.
|
|
|
|
bones261
Legendary
Offline
Activity: 1806
Merit: 1828
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 07:59:03 PM |
|
Seems to be a kind of wishful thinking that comes from corporate shill bear trolls... They imagine an endless supply of coins that banks might be able to dump, and sure good luck with that.
Let's take the hypothetical that bearwhales might have 30k BTC that they could dump. Somehow the bearwhales would have to be able to acquire those 30k coins without significantly moving the price upwards. I have long had a theory that bearwhales engage in a circular kind of rotation of coins. They purchase coins off exchanges and then they dump them on exchanges and that way they are continuing to put downwards pressures on the price; however, they can only acquire so many coins over the counter even if they want to continue to operate at a loss in order to attempt to push BTC prices down.
But they do not need 30,000 coins in order to dump 30000 coins. They can have only a fraction of that amount of coin or just a whole lot of fiat, and use margin trading. If their big dump causes a downward reaction, they can make a huge profit if they close their position at the right time. Then they have even more assets to pull off an even bigger short, next time around.
|
|
|
|
fabiorem
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 08:27:35 PM |
|
7500 unconfirmed transactions... who could think we would be there now, it was 200k two months ago.
|
|
|
|
fragout
Legendary
Offline
Activity: 1279
Merit: 1018
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 08:30:38 PM |
|
Um . Is this latest bounce just part of this downward channel??. Thoughts? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpreview.ibb.co%2Fmb6Bi7%2Fchart.png&t=665&c=CLxq1J6L4F8vJQ)
|
|
|
|
becoin
Legendary
Offline
Activity: 3431
Merit: 1233
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 08:31:55 PM |
|
If their big dump causes a downward reaction, they can make a huge profit if they close their position at the right time.
Their big dump is most welcome. They will help many people buy their first bitcoin at more affordable price.
|
|
|
|
HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 08:37:30 PM |
|
7500 unconfirmed transactions... who could think we would be there now, it was 200k two months ago.
Mem pool seems to have bottomed at 5 Feb.
|
|
|
|
Gyrsur
Legendary
Offline
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 08:38:15 PM |
|
7500 unconfirmed transactions... who could think we would be there now, it was 200k two months ago.
wow nice! I'll try a tx without fees. https://blockchain.info/unconfirmed-transactionsgood old days!
|
|
|
|
mymenace
Legendary
Offline
Activity: 1596
Merit: 1061
Smile
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 08:47:25 PM |
|
Um . Is this latest bounce just part of this downward channel??. Thoughts? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpreview.ibb.co%2Fmb6Bi7%2Fchart.png&t=665&c=CLxq1J6L4F8vJQ) look at the big green volume candle below - then see it in the 3 day chart an indicator to buy? 6000 also where jpmorgan clients got in last time - coincidence
|
|
|
|
JayJuanGee
Legendary
Online
Activity: 3836
Merit: 10829
Self-Custody is a right. Say no to"Non-custodial"
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 09:17:16 PM |
|
Seems to be a kind of wishful thinking that comes from corporate shill bear trolls... They imagine an endless supply of coins that banks might be able to dump, and sure good luck with that.
Let's take the hypothetical that bearwhales might have 30k BTC that they could dump. Somehow the bearwhales would have to be able to acquire those 30k coins without significantly moving the price upwards. I have long had a theory that bearwhales engage in a circular kind of rotation of coins. They purchase coins off exchanges and then they dump them on exchanges and that way they are continuing to put downwards pressures on the price; however, they can only acquire so many coins over the counter even if they want to continue to operate at a loss in order to attempt to push BTC prices down.
But they do not need 30,000 coins in order to dump 30000 coins. They can have only a fraction of that amount of coin or just a whole lot of fiat, and use margin trading. If their big dump causes a downward reaction, they can make a huge profit if they close their position at the right time. Then they have even more assets to pull off an even bigger short, next time around. I agree, and I don't consider my theory regarding what they are doing to be comprehensive because I am sure that they have a lot of tools in their quiver (mixed metaphores), and some times they may NOT be strictly motivated by profits in bitcoin, if they perceive that downwardly manipulating bitcoin can profit them in other ways (or other assets). Furthermore, even though we might ascribe a lot of resources being available to bearwhales, I discount claims that their power is unlimited because there is ONLY so much that they can do when the trend is against them, so yeah, the trend is your friend to attempt to exacerbate conditions while you can, but once the trend changes, sometimes they will lose control of such trend.. and I think that this happened a few times in recent bitcoin history including the early 2016 break above $500 and likely the August 2017 break out above $3k... Certainly the bearwhale fucks did not want BTC prices to break above $500 in early 2016 or the price to break above $3k in August 2017.. but they lost control and/or ability to keep BTC prices down in those lower price ranges.
|
|
|
|
JayJuanGee
Legendary
Online
Activity: 3836
Merit: 10829
Self-Custody is a right. Say no to"Non-custodial"
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 09:27:54 PM |
|
Any implications that this clearing of the back up is due to organic reasons (rather than spam attacks) is likely unwarranted. In the past weeks, I have done several BTC transactions using fees of less than $.20, more specifically $.09 and $.12 - and all of my transactions were confirmed in less than 30 minutes and they were done from blockchain.info.. that is still using legacy addresses... I am thinking that free transactions would also go through in a fairly timely manner, but probably running a bit more of a gambling risk if there are some desires to NOT process spam (as zero fees might be considered as spam by some of the miners). Anyhow, I am thinking about transferring some funds from legacy BTC addresses to seg wit addresses, just to have more of my BTC in the newer designed segwit addresses. Seems to me that transferring to segwit addresses could be a bit of insurance for future situations and might pay for itself in terms of future savings on fees and transaction times in the event of future spam attacks or other reasons in which on-chain fees might go up.
|
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 09:50:06 PM |
|
Just started playing around with RootStock. I'm liking what I see so far.
|
|
|
|
hv_
Legendary
Offline
Activity: 2520
Merit: 1055
Clean Code and Scale
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 09:58:29 PM |
|
Sure? When BTC had 95% of both market cap AND txs flow?
|
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 10:02:32 PM |
|
Just started playing around with RootStock. I'm liking what I see so far. Always ahead of the curve, Elwar. Saw it has 1 petahash plus now - merge mining on Slush iirc In the vid above Barry says ETC will be the smart contract winner...
|
|
|
|
Gyrsur
Legendary
Offline
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 10:15:52 PM |
|
Just started playing around with RootStock. I'm liking what I see so far. RootStock is also on my ToDo list the next days! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
Gyrsur
Legendary
Offline
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 10:17:38 PM |
|
Sure? When BTC had 95% of both market cap AND txs flow? damn! ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FMSflGrq.png&t=665&c=_zVhIYTd38PGHQ) EDIT: but this will work --> ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FkV677gL.png&t=665&c=pAyugflOsv-EYw)
|
|
|
|
realr0ach
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 10:19:12 PM |
|
Thoughts?
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FeaMyGFp.jpg&t=665&c=Ic6ElPoBQop2kg)
|
|
|
|
Toxic2040
Legendary
Offline
Activity: 1792
Merit: 4141
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2018, 10:20:25 PM |
|
Um . Is this latest bounce just part of this downward channel??. Thoughts? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpreview.ibb.co%2Fmb6Bi7%2Fchart.png&t=665&c=CLxq1J6L4F8vJQ) look at the big green volume candle below - then see it in the 3 day chart an indicator to buy? 6000 also where jpmorgan clients got in last time - coincidence ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fv9eM6V6.jpg&t=665&c=i7AF8KoOg5r0ZA) Think about it.
|
|
|
|
|