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Author Topic: Analysis  (Read 939926 times)
masterluc
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September 03, 2014, 12:56:41 PM
 #1761

It should use not a PoW then or use bitcoin chain as ethalon of timestamp server.

Any independent PoW alt chains are poised to die.

What about alts that do improve over bitcoin - for example have better anonymity?
I say (and satoshi said something similar), that "long fork problem" (like CJDNS founder calls it) - is a problem where only one PoW fork survives. Not necessary, but probably Bitcoin. Others either:

- never become mature and die in infancy merging into Main fork their innovations [EVOLUTION], or
- due to some accident (immature fork may become "better" than very mature fork only due to some very big and dramatic event) one of them becomes Main fork, making former Main fork unsecured [REVOLUTION]

I didn't investigated proof of capacity, this looks interesting. But I have no opinion so far. Other proofs I know (proof of stake, etc) - don't impress.

Satoshi had a public thoughts about this using term "CPU power". After 4 yrs of evolution, I think term "cpu power" may be replaced by "electrical power". Also his merged mining idea doesn't solve long fork threat (hovewer in its namecoin realization).

Taking all together I summarize that others POW forks are probably only needed to improve Bitcoin and then become abandoned. No gold or silver or copper. Bitcoin is a complex device and others are spare parts - this is more correct analogy.

These are just my thoughts. And oh... this run out of topic )

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sumantso
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September 03, 2014, 01:12:41 PM
 #1762

These are just my thoughts. And oh... this run out of topic )

So for on topic, what looks likelier - $360 or $580? Wish I had kept some fiat handy, used all in the last dip to buy up, and didn't sell them.

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September 04, 2014, 10:34:02 PM
 #1763

Shorting xauusd hard  Grin Yeah baby, go, go, go! (xbtusd probably too)

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September 05, 2014, 10:43:50 AM
 #1764

Shorting xauusd hard  Grin Yeah baby, go, go, go! (xbtusd probably too)

Can you clarify for simpletons like me. Is it buy or sell?

thefiniteidea
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September 05, 2014, 01:08:36 PM
 #1765

Sell

kevin08
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September 05, 2014, 01:48:34 PM
 #1766

These are just my thoughts. And oh... this run out of topic )

So for on topic, what looks likelier - $360 or $580? Wish I had kept some fiat handy, used all in the last dip to buy up, and didn't sell them.

+1

Can some TA expert tell us if bitcoin's going to go up, or down in price?
oda.krell
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September 05, 2014, 01:58:41 PM
 #1767

These are just my thoughts. And oh... this run out of topic )

So for on topic, what looks likelier - $360 or $580? Wish I had kept some fiat handy, used all in the last dip to buy up, and didn't sell them.

+1

Can some TA expert tell us if bitcoin's going to go up, or down in price?


Both.

Hope that helped. Please send tips to 1QCKU2P7PLaqSyKosGBi3c9UcV2K3uGQbQ

Not sure which Bitcoin wallet you should use? Get Electrum!
Electrum is an open-source lightweight client: fast, user friendly, and 100% secure.
Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
Schickeria
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September 05, 2014, 03:01:19 PM
 #1768

These are just my thoughts. And oh... this run out of topic )

So for on topic, what looks likelier - $360 or $580? Wish I had kept some fiat handy, used all in the last dip to buy up, and didn't sell them.

+1

Can some TA expert tell us if bitcoin's going to go up, or down in price?


Both.

Hope that helped. Please send tips to 1QCKU2P7PLaqSyKosGBi3c9UcV2K3uGQbQ

I'll send you a tip since this was amusing!
oda.krell
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September 05, 2014, 10:36:28 PM
 #1769

Huh, look at this. We're now pretty much exactly one full SD below the daily 200 SMA.



And it doesn't really look like support either :/

When was the last time that even happened... Right. Quite a while ago.



So, if 2011 is any indication, we'll see another painful capitulation soon enough, then about a year of at best weak price increase, ending in about 600/700 if we're lucky.

But maybe GABI and COIN will save us! Because as everyone knows, HNIs love to throw funds into a downtrend.

/bearmood

Not sure which Bitcoin wallet you should use? Get Electrum!
Electrum is an open-source lightweight client: fast, user friendly, and 100% secure.
Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
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September 05, 2014, 10:42:38 PM
Last edit: September 06, 2014, 12:16:01 AM by hdbuck
 #1770

/bearmood indeed
kevin08
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September 06, 2014, 12:07:28 AM
 #1771



So, if 2011 is any indication, we'll see another painful capitulation soon enough, then about a year of at best weak price increase, ending in about 600/700 if we're lucky.

But maybe GABI and COIN will save us! Because as everyone knows, HNIs love to throw funds into a downtrend.

/bearmood

So you agree with falling?
Carra23
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September 06, 2014, 12:20:01 AM
 #1772



So, if 2011 is any indication, we'll see another painful capitulation soon enough, then about a year of at best weak price increase, ending in about 600/700 if we're lucky.

But maybe GABI and COIN will save us! Because as everyone knows, HNIs love to throw funds into a downtrend.

/bearmood

So you agree with falling?

I think it still needs a bit of time to resolve.
oda.krell
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September 06, 2014, 12:21:02 AM
 #1773



So, if 2011 is any indication, we'll see another painful capitulation soon enough, then about a year of at best weak price increase, ending in about 600/700 if we're lucky.

But maybe GABI and COIN will save us! Because as everyone knows, HNIs love to throw funds into a downtrend.

/bearmood

So you agree with falling?

Who is falling?

Not sure which Bitcoin wallet you should use? Get Electrum!
Electrum is an open-source lightweight client: fast, user friendly, and 100% secure.
Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
Brewins
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September 06, 2014, 12:32:28 AM
 #1774



So, if 2011 is any indication, we'll see another painful capitulation soon enough, then about a year of at best weak price increase, ending in about 600/700 if we're lucky.

But maybe GABI and COIN will save us! Because as everyone knows, HNIs love to throw funds into a downtrend.

/bearmood

So you agree with falling?

Who is falling?

Falllling(not sure if I got the exact number of "l") is a super bear troll that keeps saying we are about to go to 0 and Bitcoin is useless and about to die, like a broken disk.

In fact falllllling says Bitcoin will die, so he is still more optimist than falllllllllling
kevin08
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September 06, 2014, 12:33:36 AM
 #1775



So, if 2011 is any indication, we'll see another painful capitulation soon enough, then about a year of at best weak price increase, ending in about 600/700 if we're lucky.

But maybe GABI and COIN will save us! Because as everyone knows, HNIs love to throw funds into a downtrend.

/bearmood

So you agree with falling?

Who is falling?

This guy

https://bitcointalk.org/index.php?action=profile;u=336063

All his posts predict bitcoin will keep falling in value.
hdbuck
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September 06, 2014, 12:34:46 AM
 #1776



So, if 2011 is any indication, we'll see another painful capitulation soon enough, then about a year of at best weak price increase, ending in about 600/700 if we're lucky.

But maybe GABI and COIN will save us! Because as everyone knows, HNIs love to throw funds into a downtrend.

/bearmood

So you agree with falling?

Who is falling?

This guy

https://bitcointalk.org/index.php?action=profile;u=336063

All his posts predict bitcoin will keep falling in value.

until it goes back up.
cAPSLOCK
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September 06, 2014, 12:42:29 AM
 #1777



So, if 2011 is any indication, we'll see another painful capitulation soon enough, then about a year of at best weak price increase, ending in about 600/700 if we're lucky.

But maybe GABI and COIN will save us! Because as everyone knows, HNIs love to throw funds into a downtrend.

/bearmood

So you agree with falling?

Who is falling?

This guy

https://bitcointalk.org/index.php?action=profile;u=336063

All his posts predict bitcoin will keep falling in value.

until it goes back up.

So you agree with Risinnnnng?
Omikifuse
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September 06, 2014, 12:44:17 AM
 #1778



So, if 2011 is any indication, we'll see another painful capitulation soon enough, then about a year of at best weak price increase, ending in about 600/700 if we're lucky.

But maybe GABI and COIN will save us! Because as everyone knows, HNIs love to throw funds into a downtrend.

/bearmood

So you agree with falling?

Who is falling?

This guy

https://bitcointalk.org/index.php?action=profile;u=336063

All his posts predict bitcoin will keep falling in value.

until it goes back up.


When it goes back up he says it is dead cat bounce, and the price will go down again. He always says bitcoin will die, no exception
kevin08
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September 06, 2014, 12:46:41 AM
 #1779



So, if 2011 is any indication, we'll see another painful capitulation soon enough, then about a year of at best weak price increase, ending in about 600/700 if we're lucky.

But maybe GABI and COIN will save us! Because as everyone knows, HNIs love to throw funds into a downtrend.

/bearmood

So you agree with falling?

Who is falling?

This guy

https://bitcointalk.org/index.php?action=profile;u=336063

All his posts predict bitcoin will keep falling in value.

until it goes back up.

So you agree with Risinnnnng?

His name's riiiising, not Risinnnnng

https://bitcointalk.org/index.php?action=profile;u=368768
hdbuck
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September 06, 2014, 12:47:26 AM
 #1780



So, if 2011 is any indication, we'll see another painful capitulation soon enough, then about a year of at best weak price increase, ending in about 600/700 if we're lucky.

But maybe GABI and COIN will save us! Because as everyone knows, HNIs love to throw funds into a downtrend.

/bearmood

So you agree with falling?

Who is falling?

This guy

https://bitcointalk.org/index.php?action=profile;u=336063

All his posts predict bitcoin will keep falling in value.

until it goes back up.

So you agree with Risinnnnng?

I agree with falling, squeezing and rising yea ^^
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