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Author Topic: Speculative and Historical Milestones: BTC Updates  (Read 318 times)
pooya87
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June 22, 2018, 04:21:42 AM
 #21

i can't believe i have forgotten about this:
14-Jan-2016 Mike heard basically calls bitcoin dead. "The death spiral begins"

we got a 25% discount on bitcoin sales thanks to this FUD and then prepared for the launch to the moon. it sounds silly now that i think about how i bought bitcoin around $350 that day Cheesy




bitcoin history:
https://en.wikipedia.org/wiki/History_of_bitcoin
http://historyofbitcoin.org/

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1714971624
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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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RejectedBanana (OP)
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June 26, 2018, 07:10:48 PM
 #22

Wow, I really didn't expect the Mt Gox civil rehabilitation news to come as soon as it did. For those of us who were around when Gox collapsed, this is monumental news. A shame it's wasted on a bear market.  Shocked

Thanks for contributions, I've updated some significant early forks, I'm sure I'm missing some.

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?

Price? Who said anything about price?  Wink

I'm not simply interested in short-term speculative impacts on price, but rather milestones that effect more of the long-term fundamentals of Bitcoin as a emerging technology. The more meaningful milestones don't necessary have an immediate effect on price for several reasons, e.g. they were anticipated long before and already priced, market momentum is too strong, news distraction, etc. Also, exchange hacks are a dime a dozen. Bitcoin was created to be trustless, without the need for centralized exchanges, so fools who keep trusting exchanges can continue being fools, esp in a post-Gox world. Mt Gox definitely was a milestone, however, continuing to influence fundamentals to this day. It highlighted the very essence of trust vs trustless systems.

I cannot wait for decentralized exchanges to be become the dominant form of exchange, this day cannot come soon enough. This will be an enormous technological milestone.

Already, I feel like exchanges are becoming relics of how we used to do things. Exchanges are so heavily manipulated at the moment, I really don't trust exchanges to provide even a meaningful price anymore. That day ended the day futures emerged.
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July 02, 2018, 06:40:58 PM
 #23

02-July-2018 Coinbase Custody is Officially Open For Business
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July 11, 2018, 01:56:21 PM
 #24

Only 1 month away:

10-Aug-2018 SEC to make decision on latest ETF filing

Which way will the SEC swing?

Expecting volatility as hype approaches this date.

I invite the more lucid Bitcoiners to add their comments, too:

SEC comments about a proposed bitcoin ETF are 'liiiiiiiiiit'

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