RejectedBanana (OP)
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exstasie
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June 15, 2018, 10:30:59 PM |
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I'd like to track Speculative Milestones with a few Historical Milestones for reference.
Is this of value? Sure, I like to use these sorts of threads as reference points. Thanks for taking the time. Speculative Milestones ??-??-2019 Lightning Network Release (exit Beta testing) Considering that Bitcoin Core (based on its versioning sequence) is still in beta, I'd say we're much further off than this. I think Lightning adoption (like Bitcoin adoption) will front-run stable end-user software by many years.
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eminemcookie
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June 16, 2018, 02:35:13 AM |
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I always enjoy seeing these because it shows just how much prices have tended to increase on the halvings. If the same happens again then we can be set for a big increase in just around 2-3 years time, doesn't seem to be too much time to wait.
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GIGZI INDEPENDENT WEALTH MANAGEMENT Crowdsale Starts on 23rd November 2018
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davis196
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June 16, 2018, 04:44:43 AM |
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So is the Mt Gox creditors meeting a historical or a speculative milestione,or both? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Perhaps that Japanese attorney,who was selling the Mt.Gox bitcoins,will continue to sell them and this will spread panic and continue the bearish trend.Anyway,the LN release and BTC ETF approval(if they really happen) make me think that 2019 will be the bitcoin year. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Idrisu
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June 16, 2018, 07:34:17 AM |
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This is nice and good information. At list you have made well informed post here and I just get some information from this post. Those futuristic historical milestones are what is going to push bitcoin above board and some of us are going to be happy following events.
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RejectedBanana (OP)
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June 17, 2018, 05:03:41 AM |
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i think we need to start a lot more discussions about all the bitcoin bubbles other than the 2013 one so that people can start seeing the bigger picture and stop thinking just because 2013 is the easiest thing to find on the charts there is no other point of reference when it comes to bubbles and bear markets after them.
Agreed, especially since few exchanges span the whole existence. At least Yahoo Finance charts go back to 2011 at least, otherwise it's archival Mt Gox data for the most part. What's surprising is how regular the bubbles are, or rather, how regular human nature is. Will this be Bitcoin's pattern forever or at what point in the adoption curve might it become more stable? Thanks for the contributions; added to list.
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RejectedBanana (OP)
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June 17, 2018, 05:19:21 AM |
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So is the Mt Gox creditors meeting a historical or a speculative milestione,or both? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Perhaps that Japanese attorney,who was selling the Mt.Gox bitcoins,will continue to sell them and this will spread panic and continue the bearish trend.Anyway,the LN release and BTC ETF approval(if they really happen) make me think that 2019 will be the bitcoin year. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I'd like to think Mt Gox is already priced in at this point, and I'm hoping that civil rehabilitation in kind might soothe any future panic. But who's to say creditors won't just cash their Bitcoin in immediately after receiving, too? Institutional money is probably betting on further Mt Gox panic, and waiting for the whole fiasco to be settled before committing any further speculative funds. At some point, a big player might make a preemptive strike and institutional FOMO might kick even before Mt Gox is settled. By then, maybe the market can absorb the supply without much of a shock. Or not. There is also a chance that further institutional money coming in is a myth. Possible, but I have a hard time believing that more institutions wouldn't test even a little toe in the crypto waters, shark infested or not. The prize is just too big. Nothing beats greed. And a little toe from a few big players is all it would take to jump start this ship. Retail FOMO would only compound blast off.
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eminemcookie
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i think we need to start a lot more discussions about all the bitcoin bubbles other than the 2013 one so that people can start seeing the bigger picture and stop thinking just because 2013 is the easiest thing to find on the charts there is no other point of reference when it comes to bubbles and bear markets after them.
Agreed, especially since few exchanges span the whole existence. At least Yahoo Finance charts go back to 2011 at least, otherwise it's archival Mt Gox data for the most part. What's surprising is how regular the bubbles are, or rather, how regular human nature is. Will this be Bitcoin's pattern forever or at what point in the adoption curve might it become more stable? Thanks for the contributions; added to list. Agreed, it also probably scares a lot of people in to thinking we'll exactly follow 2013/2014 when that's the only thing that's referenced a lot of the time. I don't think it will be bitcoin's pattern forever. I think we'll just see smaller percentage drops and rises start to be considered as bubbles in the future years as more and more money flows in to the market. a 2% fall in 5-10 years might be wiping off as much of the market as a 50% fall does now.
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GIGZI INDEPENDENT WEALTH MANAGEMENT Crowdsale Starts on 23rd November 2018
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alyssa85
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June 17, 2018, 12:22:55 PM |
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Nice list. It's interesting that bitcoin is holding above the February correction level.
It suggests that there are a lot of buy orders positioned at around $6000-$6300, which is holding the price up.
It's also interesting to see that the positive comments from the SEC and the CFTC no longer move the price much. That suggests that Americans are no longer the big buyers and the price is controlled by Asia.
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1Referee
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June 17, 2018, 12:28:14 PM |
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Superb contribution, this is definitely what we needed here! I like the nostalgia of going back in time. 01-April-2013 Bitcoin Value Surpasses $100--Is This Another Bubble?I am still searching for an article that I read in 2013 before the market hit $100 for the first ever time. It stated that if Bitcoin would ever reach $100 it directly would be its highest ever point it wouldn't be able to reach again. If anyone finds that article, or one similar, please post it here. I would love to re-enjoy the moment of reading it. I never agreed with it before reaching $100 back in the days, and today's price perfectly confirms that.
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alyssa85
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June 17, 2018, 12:41:11 PM |
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You might want to add the following article from 2011 to your list of milestones: https://www.wired.com/2011/11/mf_bitcoin/It's got all sorts of early history in it: like Gavin Andreeson buying 10,000 bitcoins for $50 and then giving them away 50 btc at a time in the first bitcoin faucet. And people storing coins on an online wallet called MyBitcoin and losing tens of thousands of coins (now probably worth billions).
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hatshepsut93
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I'd add November 8, 2017 - the day SegWit2x got officially cancelled. Nowadays no one talks about it, because it's dead, but one year ago it was a big thing and all social platforms were full of discussions and heated arguments. I thin this milestone was very important, because it demonstrated that Bitcoin community trusts developers and their technical reasoning more than some big companies that tried to use populism to get more control over Bitcoin.
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jjacob
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June 17, 2018, 05:33:20 PM |
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I'd add November 8, 2017 - the day SegWit2x got officially cancelled. Nowadays no one talks about it, because it's dead, but one year ago it was a big thing and all social platforms were full of discussions and heated arguments. I thin this milestone was very important, because it demonstrated that Bitcoin community trusts developers and their technical reasoning more than some big companies that tried to use populism to get more control over Bitcoin.
True. People treated Bitcoin Cash as some sort of dividend and the price rallied because of that. The same thing happened when Segwit2X was announced. People thought they would get free coins. When Segwit2X got cancelled, it was a kind of reality check.
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RejectedBanana (OP)
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June 17, 2018, 05:48:10 PM |
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Thanks for contributions. I've also added Bitcoin Obituary milestones to the timeline. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) And links to some other nice timelines. Keep em coming. Any future milestones on the horizon to add?
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figmentofmyass
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June 17, 2018, 06:58:46 PM |
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I'd add November 8, 2017 - the day SegWit2x got officially cancelled. Nowadays no one talks about it, because it's dead, but one year ago it was a big thing and all social platforms were full of discussions and heated arguments. I thin this milestone was very important, because it demonstrated that Bitcoin community trusts developers and their technical reasoning more than some big companies that tried to use populism to get more control over Bitcoin.
agree, and come to think of it, there is no mention of XT or Classic, either. everyone has forgotten about them by now, but these were subjects of very heated debate 2-3 years back. this thread was legendary and really helped shape my philosophies about bitcoin and open source software: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) i'm glad to have been a part of it.... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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alyssa85
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June 17, 2018, 09:59:15 PM |
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True. People treated Bitcoin Cash as some sort of dividend and the price rallied because of that. The same thing happened when Segwit2X was announced. People thought they would get free coins. When Segwit2X got cancelled, it was a kind of reality check.
That's a very good point. There was a lot of buying of bitcoin, to get the various hard-fork coins. Now that is all over, people have liquidated.
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xali
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June 20, 2018, 07:27:04 AM |
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I made a thread detailing the three sudden price changes in the past week. The two Korean hacks and the New York approval of a Cash app to trade bitcoin. These had DIRECT effects on the price, and you didn't even mention them!
What you did list, didn't seem to have much of an effect on the price... Although I do like the future events. The more things to look out for the better. And yes I understand that these events may be subtle in nature but an analysis of the past events to explain the indicators of any nuanced changes would be helpful. Otherwise it just doesn't do it justice; I mean until then, the naysayers will say that those past events had zero effect! Can you prove otherwise?
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someone else had been posting on my account for over a year; Every post from January 10 2017 to June 18 2018 is NOT ME Whoever this person was that got access to my account, felt the need to shill something called "bidium" in my signature very surreal. is this normal? the internet is full of crooks... watch out
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Ceballos
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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June 20, 2018, 07:29:49 AM |
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The main reason is bitcoin is getting centralized. Whales are holding too much bitcoin and they play with the price of bitcoin. Community cannot handle this. Also its similar to get 51% haspower of mining for me.
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﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
≈ WORLD POWER PRODUCTION ≈ | ██████████████████████ ██████████████████████████████ ██████████████████████████████████ ████████████████████████████████████████ ██████████████████████████████████████████ ██████████████████████████████████████████████ ████████████████████████████████████████████████ ██████████████████████████████████████████████████ ████████████████████████████████████████████████████ ██████████████████████████████████████████████████████ ████████████████████████████████████████████████████████ ██████████████████████████████████████████████████████████ ██████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ██████████████████████████████████████████████████████████ ██████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████ ██████████████████████████████████████████████████████ ████████████████████████████████████████████████████ ██████████████████████████████████████████████████ ████████████████████████████████████████████████ ██████████████████████████████████████████████ ██████████████████████████████████████████ ████████████████████████████████████████ ██████████████████████████████████ ██████████████████████████████ ██████████████████████
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