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Author Topic: Having a strong hand pays off once again  (Read 395 times)
thejaytiesto (OP)
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November 08, 2017, 05:44:56 PM
 #1

I knew these sneaky weasels could try to pull this off (a short squeeze, by canceling the hardfork) and like I said a couple days ago , I would just sit back and hold it hoping for the best, and the best came, look at that long ass green candle for yourself.

With segwit2x out of the question, may we march towards greener pastures now, until the next drama ensues, but lets hope we can have a relaxed new years for once. For now let's enjoy the ATH.
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malikusama
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November 08, 2017, 06:07:34 PM
Last edit: November 08, 2017, 07:55:57 PM by malikusama
 #2

I knew these sneaky weasels could try to pull this off (a short squeeze, by canceling the hardfork) and like I said a couple days ago , I would just sit back and hold it hoping for the best, and the best came, look at that long ass green candle for yourself.

With segwit2x out of the question, may we march towards greener pastures now, until the next drama ensues, but lets hope we can have a relaxed new years for once. For now let's enjoy the ATH.
Yes nothing has changed bitcoin is once again going to set new benchmarks as it has done in the past, we should stop banging our heads by discussing segwit2X it will be just an alt as like the previous ones. Just hold and wait for another ATH, don't be pessimistic and bitcoin will never let your hopes drown.
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November 08, 2017, 06:11:46 PM
 #3

I knew these sneaky weasels could try to pull this off (a short squeeze, by canceling the hardfork) and like I said a couple days ago , I would just sit back and hold it hoping for the best, and the best came, look at that long ass green candle for yourself.

With segwit2x out of the question, may we march towards greener pastures now, until the next drama ensues, but lets hope we can have a relaxed new years for once. For now let's enjoy the ATH.
Yes nothing has changed bitcoin is one again going to set new benchmarks as it has done in the past, we should stop banging our heads by discussing segwit2X it will be just an alt as like the previous ones. Just hold and wait for another ATH, don't be pessimistic and bitcoin will never let your hopes drown.

ATH for bitcoin comes always and always if you paid attention to the last fork events. Here, the way be successful is to hold them tight so that you won't miss any other ATH for bitcoin, especially before hard fork decissions.

Segwit2x was suspended for now, let's see what's gonna happen soon.
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November 08, 2017, 06:23:03 PM
 #4

I knew these sneaky weasels could try to pull this off (a short squeeze, by canceling the hardfork) and like I said a couple days ago , I would just sit back and hold it hoping for the best, and the best came, look at that long ass green candle for yourself.

With segwit2x out of the question, may we march towards greener pastures now, until the next drama ensues, but lets hope we can have a relaxed new years for once. For now let's enjoy the ATH.

I know right? No more dramas this time and we'll be seeing the brighter future for bitcoin. Will be holding as long as I can too. We're getting closer to 8k. If all else went well we arr definitely gonna reap what we sowed and every effort of hodling will be worth it. Everybody hang on tight and together "we march to the greener pastures."  Grin

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Reid
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November 08, 2017, 06:23:08 PM
 #5

They made a lot of noise then suddenly this one.
Luckily my altcoins that are traded for bitcoin is now growing thanks to the pump in bitcoin price.
A sudden cancel is a question that will get into the minds of the holders. Why?
Did this people just created a fuss just so the bitcoin price will get up.
If they did, then it was a success. We all made a good profit out of it. But is this the end of the line?
Should we sell now? Now those questions will keep you awake at night.  Grin
thejaytiesto (OP)
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November 08, 2017, 06:59:43 PM
 #6

They made a lot of noise then suddenly this one.
Luckily my altcoins that are traded for bitcoin is now growing thanks to the pump in bitcoin price.
A sudden cancel is a question that will get into the minds of the holders. Why?
Did this people just created a fuss just so the bitcoin price will get up.
If they did, then it was a success. We all made a good profit out of it. But is this the end of the line?
Should we sell now? Now those questions will keep you awake at night.  Grin

They were serious about the hardfork at the begining. When miners and companies started to drop from the New York Agreement, it became increasingly obvious that this was always a contentious hardfork.

In order to save face + profit from it, they bought the dip, then released the statement on the mailing list, and now I guess Roger Ver and other losers are trying to stop the rise with that red candle. The ATH is hit anyway so who cares.
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November 08, 2017, 07:05:29 PM
 #7

They made a lot of noise then suddenly this one.
Luckily my altcoins that are traded for bitcoin is now growing thanks to the pump in bitcoin price.
A sudden cancel is a question that will get into the minds of the holders. Why?
Did this people just created a fuss just so the bitcoin price will get up.
If they did, then it was a success. We all made a good profit out of it. But is this the end of the line?
Should we sell now? Now those questions will keep you awake at night.  Grin

They were serious about the hardfork at the begining. When miners and companies started to drop from the New York Agreement, it became increasingly obvious that this was always a contentious hardfork.

In order to save face + profit from it, they bought the dip, then released the statement on the mailing list, and now I guess Roger Ver and other losers are trying to stop the rise with that red candle. The ATH is hit anyway so who cares.

Yeah an ATH is great but at what cost? I dont like that certain people can manipulate the market it does not promote healthy market in my eyes. And they said suspend and postpone to me this say the fork will be back in the future but at what time? We must prepare for this again and that sucks because I wish the market would flow freely not forced at the hands of some smh

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November 08, 2017, 07:06:34 PM
 #8

I knew these sneaky weasels could try to pull this off (a short squeeze, by canceling the hardfork) and like I said a couple days ago , I would just sit back and hold it hoping for the best, and the best came, look at that long ass green candle for yourself.

With segwit2x out of the question, may we march towards greener pastures now, until the next drama ensues, but lets hope we can have a relaxed new years for once. For now let's enjoy the ATH.

This out of question has been answered. Now segwit has been failed so bitcoin win once again. So you can buy more at this time. We will see the high price growth in some days. Ready to invest your all fund in bitcoin I hope this is the right time to do that as well. Good day for all bitcoiners.
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November 08, 2017, 07:55:09 PM
 #9

It definitely got a good pop out of it!  So much drama over the whole thing  Cheesy
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November 08, 2017, 10:06:31 PM
 #10

Here's their public statement.

Quote
The Segwit2x effort began in May with a simple purpose:  to increase the
blocksize and improve Bitcoin scalability. At the time, the Bitcoin
community was in crisis after nearly 3 years of heavy debate, and consensus
for Segwit seemed like a distant mirage with only 30% support among miners.
Segwit2x found its first success in August, as it broke the deadlock and
quickly led to Segwit’s successful activation. Since that time, the team
shifted its efforts to phase two of the project - a 2MB blocksize increase.

Our goal has always been a smooth upgrade for Bitcoin.  Although we
strongly believe in the need for a larger blocksize, there is something we
believe is even more important: keeping the community together.
Unfortunately, it is clear that we have not built sufficient consensus for
a clean blocksize upgrade at this time. Continuing on the current path
could divide the community and be a setback to Bitcoin’s growth. This was
never the goal of Segwit2x.

As fees rise on the blockchain, we believe it will eventually become
obvious that on-chain capacity increases are necessary. When that happens,
we hope the community will come together and find a solution, possibly with
a blocksize increase. Until then, we are suspending our plans for the
upcoming 2MB upgrade.

We want to thank everyone that contributed constructively to Segwit2x,
whether you were in favor or against. Your efforts are what makes Bitcoin
great. Bitcoin remains the greatest form of money mankind has ever seen,
and we remain dedicated to protecting and fostering its growth worldwide.


Mike Belshe, Wences Casares, Jihan Wu, Jeff Garzik, Peter Smith and Erik
Voorhees

--

*Mike Belshe*
*CEO, BitGo, Inc*

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

They say they'll be back later to try again when fees are higher in the hope of securing enough support to win a consensus.

To some degree it has been proven that miners rather than block sizes are responsible for both spam transactions and higher fees. I don't know if this data has been disseminated widely enough for some of the large communities on reddit, which support segwit2x, to be aware of the information and research done on the topic. 2x does seem unlikely and DOA at this point.

News articles like the following which detail how miners can contribute to spam transactions (and higher fees) could use signal boosting:

https://bitcoinmagazine.com/articles/curious-case-bitcoins-moby-dick-spam-and-miners-confirmed-it/
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November 08, 2017, 10:39:19 PM
 #11

I knew these sneaky weasels could try to pull this off (a short squeeze, by canceling the hardfork) and like I said a couple days ago , I would just sit back and hold it hoping for the best, and the best came, look at that long ass green candle for yourself.

With segwit2x out of the question, may we march towards greener pastures now, until the next drama ensues, but lets hope we can have a relaxed new years for once. For now let's enjoy the ATH.

Well it is always true that strong hand often times gives benefits.  Oh well those who sold the first time they hear about the news might probably regret their decision Smiley  I can say hodl for another 5 years! Or if there is really a big FUD coming then buy back at dip.
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November 09, 2017, 12:16:04 AM
 #12

I knew these sneaky weasels could try to pull this off (a short squeeze, by canceling the hardfork) and like I said a couple days ago , I would just sit back and hold it hoping for the best, and the best came, look at that long ass green candle for yourself.

With segwit2x out of the question, may we march towards greener pastures now, until the next drama ensues, but lets hope we can have a relaxed new years for once. For now let's enjoy the ATH.
I'm happy that segwit2x was cancelled,  but i'm happier that we have shown to those malicious groups who try to impose changes without the consent of the majority how strong and united the bitcoin community is. Bitcoin has a bright future ahead I tell you.


.
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November 09, 2017, 01:15:31 AM
 #13

Am mostly glad by the cancellation of the Nov. 15 for, it really gave lot of concerns.
But now that it it's out of the way, I hope Bitcoin hits another ATH and that alts begin to recover.
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November 09, 2017, 01:16:08 AM
 #14

segwit2X it will be just an alt as like the previous ones.

for that reason they preferred to cancel, an altcoin would not be beneficial for them

but i'm happier that we have shown to those malicious groups who try to impose changes without the consent of the majority how strong and united the bitcoin community is. Bitcoin has a bright future ahead I tell you.

well, the price has risen a lot and a lot of good news is coming ... with so many analysts doing their forecasts and few people showed interest in 2x, they realized that people were not interested in their 2x and they preferred to cancel 2x

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November 09, 2017, 02:40:29 AM
 #15


Now its ambiguous situation whether we will get to see this stability in bitcoin price or not. Whether there will be more incriminate in the prices of bitcoin or its going to be worst downfall in the history. Or there is something else that come up with segwit2x. The reason is still unknown for the cancellation and don’t know yet which one is the valid. Many things to be considered, people invested money because they wanted to have those free goodies which they won’t be getting now and thus its all complicated situation at the moment. Lets hope something greener comes up.   

 
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Shamie1002
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November 09, 2017, 05:46:39 AM
 #16

I am glad that segwit was cancelled. As we can see, cancelling such events is possible. I do agree that new coins are not really needed.
It only makes crypto world more saturated. And we can't say if these new coins can only give more risks in trading and other activities involving digital currencies. It's really safe to stick with bitcoins and alts that are very renowned in this field.
thejaytiesto (OP)
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November 09, 2017, 04:38:09 PM
 #17


Now its ambiguous situation whether we will get to see this stability in bitcoin price or not. Whether there will be more incriminate in the prices of bitcoin or its going to be worst downfall in the history. Or there is something else that come up with segwit2x. The reason is still unknown for the cancellation and don’t know yet which one is the valid. Many things to be considered, people invested money because they wanted to have those free goodies which they won’t be getting now and thus its all complicated situation at the moment. Lets hope something greener comes up.   

I don't see anything ambiguous about it. Without segwit2x and thus the hardfork out of the picture, we should go up. I don't care about the current dip or further dipping, the fundamentals right now are generally good. Some people may be taking profits because they want to buy some stuff for the holidays, others will be dumping because they got here to get the segwit2x coin and they will be going back to alts, and then we have the haters with resources like Ver dumping to try to shift the narrative and make this look bad. But the bottomline is this is positive news and sooner or later we will keep growing (outside of any retarded events like another fork but this being so recent I don't expect it) so buy the dip.
warrior333
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November 09, 2017, 04:46:37 PM
 #18

I am glad that segwit was cancelled. As we can see, cancelling such events is possible. I do agree that new coins are not really needed.
It only makes crypto world more saturated. And we can't say if these new coins can only give more risks in trading and other activities involving digital currencies. It's really safe to stick with bitcoins and alts that are very renowned in this field.
I agree with you that new coins are not really needed, but this does not negate the need to increase the block size. Of course it would be better if it happens by the consent of all parties and without the fork. Each of the bitcoin users faced with the fact that for a long time confirmed the transaction. Small transfers are also not profitable because of the high cost. If left untreated it kills its host.
ivrynx
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November 10, 2017, 10:53:31 PM
 #19

It always pays off, if you trusted yourself and put faith in what you do. I think we could all relate to having strong hands, since the value of Bitcoin is volatile and we can never predict what is happening, but one thing is for sure, bitcoin's value will increase through time, this is a lesson to investors with weak hands, that they should not fall into the trap of FUDs and people who bad talks Bitcoin, since they are also promoting Bitcoin in someway because of what they are doing, and in turn more and more people will be curious and be interested in Bitcoin, and it will just give more value to Bitcoin. Having strong hands is not a hard thing to do, you just need to learn your lesson in time and after you've felt how it hurts to have weak hands, you consider changing the way on how you invest.
BTCMILLIONAIRE
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November 10, 2017, 10:55:12 PM
 #20

I am glad that segwit was cancelled. As we can see, cancelling such events is possible. I do agree that new coins are not really needed.
It only makes crypto world more saturated. And we can't say if these new coins can only give more risks in trading and other activities involving digital currencies. It's really safe to stick with bitcoins and alts that are very renowned in this field.
Who knows if the market agrees or not though. We all expected a correction after the fork. And since it was called off that correction is taking place now. But a lot of people keep FUDding and moving into Bitcoin Cash, who knows if that's just shady market manipulation or an actual shift in trust...
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