JayJuanGee
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How much alt coin diversification is needed? 0%?


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February 14, 2016, 05:57:42 AM

We're already seeing blocks fill up on this pump. I'm curious as to how a rally can be sustained when confirmation times take hours.


Yeah, right, whatever.   Roll Eyes Roll Eyes


The last six months regarding the average block size look pretty stable to me, with a slightly upward trend in the chart.. and that upward trend in the approximately 60% capacity arena potentially could be nearly completely resolved by seg wit.

https://blockchain.info/charts/avg-block-size?timespan=180days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

After seg wit goes into effect, then we can assess the situation and regroup... ..

In other words, transactions etc seem to be going pretty well on the technical side of bitcoin, and maybe some of the public is coming to realize that there are really not any technical problems in bitcoin, and accordingly, if you keep doubling down in selling your supposedly existing coins based on these upward BTC price movements, we may be relieved of you from bitcoin and your baloney posts very, very soon.    Cry Cry 

However, I understand when you a guy is dealing with fictitious coins, he really doesn't ever run out of coins.


On the other hand, if you do happen to have some coins, and you really are selling them as you claim, then I can imagine you sticking around the forum, after you have run out of coins and while BTC prices go past $450 and then $600 and then $800 and further into the $2k to $5k price arena, and then you will continue to participate to attempt to talk down BTC prices in order that you would be able to get back in at a lower price than your sell prices in the $200s to $400s.  And, when prices drop from $3800 to $1800, you will stick out your tongue and proclaim that you were right all along. blah blah blah.

I remember, not that long ago, you were supposedly selling considerable amounts of BTC while the prices were below $280 and arguing that BTC prices were going down?  but that strategy did not go too well, right?


Ponzi schemers were responsible for the pump. I didn't anticipate that.  Yeah, I got a lot of coins because I started buying them when they were six bucks.  That's why the chart that concerns me most is the big picture chart. The five year logarithmic chart that went from an uptrend to sideways.  These small fluctuations are just noise, but something clearly has gone wrong with the macroscopic trajectory.   


Each of us can look at the same charts, and it doesn't matter if you have been in since $6 or since $395 a few minutes ago.

You conclude that something has gone wrong, but that certainly is not a universal conclusion, and I doubt that you even believe such conclusion, yourself - instead maybe whoever is paying your wants you to say such.

People bet up, down, sideways and a lot of variations of such, and surely there are a lot of more ways to bet, currently, as compared with 5 years ago, or even two years ago.

There are way more ways to get in and to get out and adoption is increasing like a mo fo, and infrastructure is increasing decently, and certainly computing power is out of this world, and you would have never really predicted such level of investment into bitcoin.

Also, governments are a lot less hostile than anyone would have anticipated several years ago.  Apparently, they are much more indirectly hostile than they are directly hostile, which allows for some attempts to figure out spaces to manuever within the decentralized space and to continue to expand without internally destructing.   Looks pretty decent at the moment, even though we may be experiencing a lot of ups and downs on the way to the new ATH  and delays etc etc... whether we reach new ATHs in this year or within the next few years, at the moment, bitcoin seems to have a pretty decent foundation... including having various inputs and considerations regarding current and future scalability issues.