if this is a bot from a single person, he is gona lose alot of money
https://www.bitstamp.net/article/Bitcoin-withdrawals-are-once-again-fully-automated/BITCOIN WITHDRAWALS ARE ONCE AGAIN FULLY AUTOMATED
Dear Bitstamp clients,
After rigorous testing, we have restored fully automated processing for Bitcoin withdrawals.
Unforeseen incidents like this DoS attack against an edge case in the Bitcoin protocol are to be expected with such a young technology. The core protocol remains sound and the world has seen how these incidents are addressed by the Bitcoin community. Every challenge that is successfully overcome is a milestone that allows the world to grow their confidence in Bitcoin.
We recognize that for many of clients the inability to make withdrawals may have been stressful and we are thankful for your patience and understanding.
Best regards,
The Bitstamp team
actually the dump was predictable by the TA, its the pre-pump that confused ppl
Nice one.
Also, relax people. After the 340 bottom quite a few in here pointed out that, at the very least, we would see a re-test of low 400s, maybe 400 itself before moving on.
I honestly don't get where this major indignation comes from, that some of you in here show. Wait, actually, I do know: because every time we move up 10 USD you start posting rocket.jpeg.
This is/was a major bear market, and getting out of it will probably be a bit more painful than simply going back through all the major (former) support levels in one go :/
+1
We need to end this "continuous growth paradigm" that is partly a consequence of (or at least intricately intertwined with) the type of money we use. Transitioning to using sound money is a big step towards becoming more resource efficient. The psychopathic powers that be are already shitting their pants regarding their debt regimes threatening to fall apart (Beligum), trying to start ww3 to get out of that deadlock they have maneuvered themselves into. I hope the people of the world will be prudent enough to see through the false flags (example: chemical attacks in syria last year) and violent provocations by payed mercenaries. I also hope our whistleblowers will keep informing us.
I think the easiest and most effective step we can take as people of the world in order to scale down our natural resource usage and to avoid bloody conflict is to transition to using crypto. It'll force governments into fiscal prudence eventually and it'll force actors making bad decisions to suffer the consequences of their actions, as it should be.
Glad to see you took the time to bring this topic to the
Troll Wall observer thread as well
The potential for Bitcoin/crypto to facilitate a transition to a sustainable economy (as opposed to an infinite growth oriented one) through providing an alternative deflationary monetary system is a huge deal. HUGE DEAL.
The fantastic thing here is that this needn't rely on the prudence of a great many people (like you are calling for), not even their general intelligence. Instead by simply providing a superior system with lower friction, transaction cost and greater control and sovereignty over your funds people will be attracted to the superior system (see
Greshams Law ) and start preferring it. The superior system meanwhile provides incentives for responsible fiscal and economic behavior - namely SAVING (pejoratively known as "hoarding") money and SAVING resources. If your currency doubles as an appreciating store of value you don't need financial advisors and baroque financial instruments draining resources with their otherwise unnecessary unproductive activity. If your savings are appreciating you will think twice whether you really need to buy something right now. This incentive for deferred consumption will presumably have a huge impact on our current consumerist culture and that is just the tip of the iceberg of how the transition to a different monetary system might profoundly influence culture. As I said, this is a HUGE DEAL and I wish more people would pay attention to this aspect of crypto instead of trolling each other about price & trading.
Meanwhile enjoy this song about
Making Money in the inflationary monetary system
+1
And we believe Bitcoin offers unique opportunities as more people and businesses experiment with it. We are excited to work with businesses and business models that allow us to offer new experiences and the trusted service our customers expect. We hope to do more with Bitcoin as its ecosystem continues to evolve.
m a i n s t r e a m d e t e c t o r f u l l f k n a l e r t !!!1!
+1
actual time in china:
am 05:54
let them wake up...
We believe digital goods merchants will be excited to work with these industry-leading companies to sell ringtones, games and music and get paid with Bitcoin.
Ringtones ?
Seriously ?
There are still people buying that ?
you donīt have a clue.
paypal has a lot of volume, this are big news...
I don't give a damn.
Still HODLING.
+1
For now its stable around 350-400. Maybe this 2 weeks it will pump up again.. hope it will happen soon
I donīt think so...
Damn... The Chinese again started a crash while I was asleep... Waited until 3.30 am for it, but they do it at 5.30, grrr...
donīt sleep
Price is waiting the new ETF SEC be decided so it can continue it normal trajectory, hopefully towards the moon.
There's zero chance of that. The SEC has made their choice and outlined their reasons for it (fraud protection, "penny stock", etc).
I hope no one else has got their hopes up about that, because if they did it would cause at least a slight dip when it's rejected again.
when will it be announced?
dump incoming....
BItcoin looks to be recovering a bit today. LTC is on a tear (for Litecoin of course). While everything has been volatile again at the end of the week zcoin has made very little headlines with its big gains.
I would like to see Bitcoin make it back to steady $2700s again...
There seems to be a pattern of weekend Bitcoin pumps developing, as opposed to the weekend dumps we used to get. I still don't understand the reason for it as no fiat gets sent to exchanges while the banks are closed over the weekend.
trough the previous dump there is a lot of money on the exchanges, so no need for new money to pump
you can check here:
https://www.xbt.eu/292 blocks before current lock-in period ends. Still 233 blocks needed for a lock-in.
BIP91 is back to 79.8, so its not fix after 80% ?
as I understand it will take the average, please correct me if Iīm wrong
Why did BCC rise back some on pretty strong volume. Is that just random or for some reason relating to bitcoin at all.
I'm looking at the price action for August on Kraken and the whole of August we've been in a regular price channel. Thats very strong action, dont even normally see this because bitcoin is so volatile its too loose to keep something regular normally attributed to maybe stocks in movement.
I spotted a few people talking negatively, maybe surrounding the 4,000 line but its acting strong overall up until it breaks that channel. Actually last day or so it was trying to break out upwards if anything
good time to dump your Bcash now (if you not already haven't), somebody trys to get back the miners to the Bcash network by pumping it.
as seen on 8th of August where the difficulty was also adjusted and the hashrate dropped.
https://bitinfocharts.com/de/comparison/hashrate-btc-bch.html#3m
https://cash.coin.dance/blocksisnīt it a problem that there are miners hasing at 90% of the BCH network??
what about the 51% attacks which we have feared in the BTC past?
The 90% of mining is probably the miner who would 51% Bitcoin if they had the chance so they're not going to 51% themselves.
but then that miner can manipulate the BCH-system?
isnīt it a problem that there are miners hasing at 90% of the BCH network??
what about the 51% attacks which we have feared in the BTC past?
The 90% of mining is probably the miner who would 51% Bitcoin if they had the chance so they're not going to 51% themselves.
but then that miner can manipulate the BCH-system?
That miner probably co-owns it!
So I guess the pumping, which comes most likely from Korea, is one big manipulation from the miner which will dump his own coins to his own price when time is right...
awsome!
BCH Update
Blockchain Overview
There have been 1112 blocks mined since the hard fork.
(1577 blocks behind the original chain)
The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty.
The original chain has grown 2.30GB more than the Bitcoin Cash blockchain.
It is currently 119% more profitable to mine on the Bitcoin Cash blockchain.
Current price= $858
lets take a look on that after the Incoming dump
John McAfee: Bitcoin is Not a Bubble, It Will Continue To Grow
https://www.youtube.com/watch?v=LzGmLDDE2Ss&feature=shareThese days, I would not trust John to park my car, so this is not a great endorsement....
why?
just a hint:
To get cheaper transactions, you have to:
Install a SegWit-supporting wallet.
Receive money on new SegWit addresses, which start with 3. You must generate new addresses; your old addresses will never be SegWit addresses. Note that not all addresses starting with 3 are SegWit addresses, and it is impossible to tell just from looking at an address whether it is a SegWit address.
Whenever you spend BTC which you have received via SegWit addresses, you will receive the SegWit discount. If you send a transaction spending some BTC received via non-SegWit addresses and some BTC received via SegWit addresses, you will receive a partial discount. The destination address doesn't matter.
There are no compatibility issues: non-SegWit wallets can send BTC to SegWit addresses, and SegWit wallets can send BTC to non-SegWit addresses.
https://en.bitcoin.it/wiki/Block_weight#Summary:_.22How_do_I_get_cheaper_transactions.3F.22Segwit is enabled but we will also need the Lightning network
https://lightning.network/New all-time high incoming! 🚂
Confirmed.
Usually we were used to say that the next 24 hrs will be critical. As the 24hrs which will come next.
If you ask me we will have to wait a bit more for the new ATH.
BCH mining is profitable again and now we have less hashing power on
BTC: while this stay this way no ATH my friends
@Jimbo
Special morning coffee with an Organic Peruvian blend 100% Arabica.... You would probably love it.
if we hit another ATH, BCH wonīt be more profitable to mine . this could swap the things again
