El duderino_
Legendary
 Offline
Activity: 2492
Merit: 11985
BTC + Crossfit, living life.
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September 08, 2018, 11:16:57 PM |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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JayJuanGee
Legendary
Offline
Activity: 3696
Merit: 10143
Self-Custody is a right. Say no to"Non-custodial"
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September 08, 2018, 11:18:06 PM |
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...... $20k is not an insane price any more.
i so hope you are right... Wish i had a guarantee for half of it... No guarantees. You gotta use your brain to attempt to figure out a strategy that works for you, don't over invest, and attempt to figure out what probabilities are more likely. From your previous posts, it looks like you may need to do a lot of studying just to get to a state of normal common sense, so in that regard, it is better that you start out by investing very small amounts in order to facilitate your learning, if that is possible based on your seeming persistent whining when we barely have even gotten a chance to know you better.  see.. I am even crying myself, a bit. I'm thinking to pour one out for you, perhaps?   |
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yefi
Legendary
Offline
Activity: 2842
Merit: 1510
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September 08, 2018, 11:22:24 PM |
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Proof me wrong, please....
Just sell everything already so you can fomo buy at $100K with expensive mining gear that will have a negative ROI. |
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Icygreen
Legendary
Offline
Activity: 1463
Merit: 1135
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September 08, 2018, 11:33:42 PM |
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i bought my 2 kids both an gpu eth miner to educate them into crypto as it beomes their world, and i want to prepare them on their future.... Better just gave them the money they costed...
So you're mining an altcoin and you want guarantees about bitcoin's future, right? FLMAO!! Capitulation starts! Sorry a classic, really, but ya seriously @ dutchlincoln, hodl_2015 gave you a small gem with his post. Pick yourself up man, or, ya know... sell and get that instant relief you're craving. Someone out there will be thankful for it  Good luck dude, hope you're not being irresponsible with capitol needed in the short term. |
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Torque
Legendary
Offline
Activity: 3542
Merit: 5039
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Rosewater Foundation
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September 09, 2018, 12:01:42 AM |
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Even the kids think we're poison. This isn't over by a long stretch. Where the hell is your pessimism?
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infofront (OP)
Legendary
Offline
Activity: 2632
Merit: 2780
Shitcoin Minimalist
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September 09, 2018, 12:15:19 AM |
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...
But when did whales enter crypto market?
...
Well, if I remember correctly, this term became popular during the peaks from 2013 ($266 and $1242), Mt.Gox, Willy, the Bearwhale and stuff... If someone bought at the 2013 top, he/she/it 'made' ~ 400% as of today (in fiatmoney). You might have bought at the recent $19666 top, not sure what you can expect in five years from now. However, if you bought the top, hodling might be an appropriate strategy. If you're a moderate gambler, cost averaging on the 'way down' could be your strategy. Want to feed the whales? Just sell. If you want your kids to laugh at you in five years, buy shitcoins... If you really want to know when whales entered the market, look back and see what date Satoshi mined the first BTC. |
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d_eddie
Legendary
Offline
Activity: 2478
Merit: 2895
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September 09, 2018, 12:33:36 AM
Last edit: September 09, 2018, 12:43:40 AM by d_eddie |
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I am playing around with Google Trends data of "Bitcoin" as a search term v Bitcoin price. I used the daily values for each for 2018, converted to a percentage. Start date is 1 January 2018, end date is 5 September 2018. Price is orange, trend data is green.  So, "absolute" is the number of bitcoin queries as a fraction of global Google use? Hmm. I can't spot any pattern. Can you? It would be nice to have the day scale in months/weeks rather than absolute numbers, with a few markers to put things into historical perspective. The first peak in searches seems to anticipate the price. After that first event, the curves seem mostly uncorrelated. Maybe if we REALLY search Google a lot we could...? |
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theymos
Administrator
Legendary
Offline
Activity: 5180
Merit: 12878
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September 09, 2018, 12:51:45 AM |
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I'm seeing a lot of fake-looking panic everywhere. Bullish IMO.
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El duderino_
Legendary
Offline
Activity: 2492
Merit: 11985
BTC + Crossfit, living life.
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September 09, 2018, 01:00:41 AM |
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I'm seeing a lot of fake-looking panic everywhere. Bullish IMO.
nice  blowing the bullhorn for a few posts as well .... they will showe up  |
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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September 09, 2018, 01:07:05 AM |
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Fuck this just capitulated on ETH and sold for BTC.
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Rosewater Foundation
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September 09, 2018, 01:08:47 AM |
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I'm seeing a lot of fake-looking panic everywhere. Bullish IMO.
What is fake-looking panic? I haven't been this frightened since the khmer rouge started rounding up academics. |
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Ted E. Bare
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September 09, 2018, 01:11:07 AM |
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Bitcoin in the $6000's I'm always buying.
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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September 09, 2018, 01:23:37 AM |
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I’m going long if we get under $6k.
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Heater
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September 09, 2018, 01:25:08 AM |
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BCH/BTC chart looks like it's about to fall off a cliff.  |
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bitserve
Legendary
Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
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September 09, 2018, 01:34:39 AM |
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Ok, Just bought a bit more. Probably expect another imminent dump now.
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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September 09, 2018, 01:45:03 AM |
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I copped some slight heat for calling a local bottom yesterday. But I think the thesis still stands with a local target of $7200 - $7300. Then pucker.  Update - still calling for a local target of $7200, to be followed by a burning sensation.  Don't ask me, I just work here. Target $7200.  Target still $7200 then revisit $5700.   |
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El duderino_
Legendary
Offline
Activity: 2492
Merit: 11985
BTC + Crossfit, living life.
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September 09, 2018, 01:45:48 AM |
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Ok, Just bought a bit more. Probably expect another imminent dump now.
Don’t call iT up on yourself ..... |
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bitserve
Legendary
Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
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September 09, 2018, 02:09:36 AM |
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Ok, Just bought a bit more. Probably expect another imminent dump now.
Don’t call iT up on yourself ..... As if that were gonna change anything... Whatever needs to happen, let it be. I just decided I had to buy a bit more before going to bed. Good night everyone  |
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Ted E. Bare
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September 09, 2018, 02:28:30 AM |
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Good night! Buying below $6200 should be nice.
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