You. Get to the back of the oven.

Just to confirm, for everyone's FYI, that I've just sold some of my BTG using Changelly, and everything went flawlessly, and quite fast for the kind of service it provides. Well done Changelly!

Wow, that's a lot of fees you paid, sorry to hear about it! I just did a crypto-to-crypto transaction, in which case the fee is 0.5%, which I think is reasonable. My guess is that credit cards are a risk to them due to chargebacks, so they counterbalance this with high fees. Are the fees still that high for credit cards?

Asking a banker what they think of Bitcoin is like asking a vampire what they think of sunlight.

Over 71k unconfirmed bitcoin transactions atm.

Besides your interesting viewpoint, making the highest future price prediction is not what qualifies you as 'a harder bull than many'. Especially during an incredible bull market. Holding on to and accumulating bitcoins, whether it goes up or down (for years), does. Most bulls eventually break and reduce the risk, especially if you have a serious stash.


Reminds me of this post ($1200) by former reddit moderator (?) jratcliff63367. And Elwar ($4500). We almost all have our fiat breaking point even on a Bitcoin forum, and I already hate my future self for it. It gets tempting when reducing your holdings by 50% still sets you for life.

To add to the bullish sentiments but as well for the bigger picture, I can recommend reading this article by Miguel Cuneta (Co-founder at Satoshi Citadel Industries (sci.ph): https://decentralize.today/dont-fall-for-the-hype-why-bitcoin-s-10-000-price-doesn-t-reflect-its-true-value-6b42a59fce0a

For your entertainment and viewing pleasure.

This is the "Gotta-scare-those-average-joes-away" and "See-I-told-ya-so-its-a-bubble-ponzi-scam" portion of the show.

Are you entertained?

Don't like ripple in any way but at least it is not intentionally malicious like bcash
Glad they are third now by a long shot

Haha maybe to turn into eastern bunny geek after hitting 24777 ( if we get iT in time)

Just here for mere hours and you make yourself a fool.  Your predictions already in shambles.  And yet another sexually insecure idiot using the word "Cuck".  It reveals a lot about who you are. 

But don't worry...  on the next downswing you will be able to dance around and act like you predicted it. 

Then it will go back up again.

I'll be looking for that 2k floor this week.  Shoot I'll give it 'till next Sunday night.

Wallstreet playing with us boys!  I was warned that this would happen when the big fucking guns assault BTC!



GO BITCOIN GO

Nice one

Bitcoin: a digital currency with known & limited supply, an open global network, and not controlled by politicians.

US Dollar: a digital currency with unknown & unlimited supply, a highly restricted territory-based network, and controlled by politicians. Which will win, longterm?

Good morning guys.

Indicators are relaxing as we catch support at the kijun line. This is a short term consolidation point and the market looks like it will head back towards the .382 fib line. I expect more sideways this coming week with moderate volume and volatility as we head back towards and test $10k next weekend. This rise, consolidate then dip cycle is very bullish imho. The laddering up is very apparent on the cloud. #dyor

If this is not bullish, I don't know what is:

Some of the biggest names on Wall Street are warming up to bitcoin, a virtual currency that for nearly a decade has been consigned to the unregulated fringes of the financial world.
The parent company of the New York Stock Exchange has been working on an online trading platform that would allow large investors to buy and hold bitcoin, according to emails and documents viewed by The New York Times and four people briefed on the effort who asked to remain anonymous because the plans were  still confidential.
....
Goldman will initially only be trading futures contracts linked to bitcoin’s price. But Goldman executives said they were looking at moving in the direction of buying and selling actual bitcoins.
The Intercontinental Exchange’s effort, if it pans out, could make bitcoin available to a much wider and more influential customer base, including other financial firms.
...

Read the whole NYT article at:

https://economictimes.indiatimes.com/markets/stocks/news/coming-soon-bitcoin-trades-on-wall-street/articleshow/64076979.cms

Help me with your thoughts on bitcoin futures.

In February I started to think if they are bad for bitcoin (because bitcoin remain bearish since introduction of futures).
Now i think they are bad, but probably not on extremely long turn. On extremely long term they are probably good (in years 2019, 2020)

But on short term (this year) i think bitcoin futures are bad. Why bad?
Because all the sudden people with a lot more money then those in crpyto can draw and earn money with hedging and drawing money from "little people with less experience". They wont take money from true hodlers who just hold, but bitcoin need new people in order to go up and up and crazy up, and experienced hedging companies could for quite some time draw price down and they have more knowledge whats and how much is needed to cause spikes down with help of futures.

Can someone help me dig out how much money is now in futures?
http://www.cmegroup.com/trading/equity-index/us-index/bitcoin_quotes_globex.html
For may its i think 3000 contacts? now i wonder how much money is in that

If 1 contract 100 bitcoins? 900k USD? and there was  i think today 3000 buy/sell (or with other words 3000 combined going long + going short)
So 3000 times 900k usd = 2,7 billion USD in one day

Am i gettting this right ? i think not

http://www.cmegroup.com/trading/equity-index/us-index/bitcoin_contract_specifications.html
No it's 5 btc per contract, so vol. is still tiny overall. Yes iirc CME is settled in btc, while CBOE is in usd http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures
Here's their, generally bigger, volume http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures with 1btc per contract
compare https://www.barchart.com/futures/bitcoin
Your final question - no, there is always a bigger fish who will counter-trade their competitors.

edit: Some traders are noticing a small CME factor, where spot price draws towards week's close price on CME, but most are unconvinced, again because of tiny volume.

Good morning Bitcoinland from rain-soaked Puerto Morelos. Down on the coast for a day to visit with friends and buy a new wifi router, and a few other things that are unavailable in the jungle.

First internet access in almost a week and I see the decline from $9.95k continues, although it rebounded a little this morning... currently $8800USD/$11230CAD (Bitcoinaverage).

Why is it that the best buying dips always seem to happen when I have no access to buying?
_____

Got a couple more weeks before heading north before the real rainy season begins. Busy preparing for the rains by replacing the roof and fixing the stucco on the walls of the house I bought in January.

I also have to plant a couple of rows of guano palms along the road frontage of my second property (which I bought last week) before the rains come. They should be well-watered and established by the time I come back down in November and will make an excellent privacy "hedge" as well as a fine source of roofing thatch.

The good news is that the Sun will come out.........just not tomorrow, and I will bet my bottom dollar. I would be a heavy buyer around April 6th, and again mid-May. And early 2019.

P.S. this chart is from the future, your results may vary.

$9000 in 24 hours confirmed

you get a merit if that comes true, if i forget remind me lol
i would love to see that once in a year someone makes a lucky guess

$9000 in 24 hours confirmed

$7990 in 5 hours (to be confirmed)

$9000 in 24 hours confirmed

Best analysis at the moment. This bear market is a replay of 2013-2015.

$4800 is a good entry point.

Shit. ((They)) are trying to sabotage CRAB-17.

I think if someone tends to selling btc now is the same as buying between 18,000 - 20,000$.

RSI is now near the oversold levels and showing some indication of reversal, so what do you waiting for..just grab some btc now and thank me later

So how long you guys think before 6k line drops significantly? I think it will hold for 1 or 2 weeks or so (maximum 1 month) then it will drop nicely bellow 6k.

We are not in 2011. Totally stupid to always compare with the very beginning of BTC.

Maybe the bullrun is starting  

Only question When is it gonna hit them..... hope it gonna be clean beard shave whitout any soap

Hah. When he is photographed sucking nitrous oxide from Hefty Lawn and Leaf bags I will be impressed and welcome him to the club.

My friends tended to like Glad bags (don't get mad, get Glad!) but I prefer Hefty because they are tough enough to overstuff.....

FORBES===> "BITCOIN GOING TO ZERO"


https://www.forbes.com/sites/forbesfinancecouncil/2018/12/07/is-bitcoin-going-to-zero/#2bf37f147a47


 

WEEEEE

the engine on water invented long ago, but the fuel companys always destroy such inventions, so as not to lose power https://youtu.be/Jivb7lupDNU

therefore, a million old modems 56 for them is better than one novelty, the future for a gross increase of block size

I just had a strange thought.

I don't know If I will able to express myself like I would in my native language but I'll try my best.

Does anybody find it weird that technologies like mp3, napster, torrent, bitcoin are almost always invented in the US where you get thrown in Jail if you don't pay your taxes or use pirated software, in other words, where the law is too strict?

Now I know what you'll counter me with this: "USA is the most developed country yo noob what did you expect?"

Just stay a while and listen.

I am not talking about that.

It is like they do it on purpose.

It is like they didn't shut down the torrent network willingly. I know they jailed the TPB owner and shut down their website many times but I don't believe they really wanted it. Cuz: "Last remaining Pirate Bay founder freed from jail"

They do it on purpose so people with minimum wages can enjoy movies and books other stuff where only the rich can enjoy "legally".

You become an illegal when you pirate a software but only if you get caught and unless you are too dumb, you'll never get caught.

They are trying to suppress the anger which is raising among the people by giving them these sedatives. If the anger raises to a certain point, it'll become a riot. >> See France.

This is one of the reasons why they invented Bitcoin.

To give people a chance to enjoy the stuff that only the rich enjoy. (like lambos)

I mean there are tons of other reasons but I am sure this is one of them.

The FIAT rich people, naturally, always want to get richer. And in this system, there are thousands of them and they all want to live without working. When there are too many of those freeloaders, the system gets clogged down. And we are already there. In other words, the system has failed.

These rich people need to get poorer. You'll either have to kill them one by one (which'll take lots of effort) or you need to find a way to affect all of them with one trick. What trick would that be? By introducing a new monetary system!

...to make those old kings poorer some other people need to get richer and who do you think these new elite are? Crypto adopters.

The beauty of this,

If guys like Warren Buffet don't join this game, He'll lose shitloads of potential gains because if he doesn't some other rich dude will. And If he decides to join, then he just speeds up the process! of the desctruction of his FIAT investments!

They make news about bitcoin and how it is being used by terrorists and drug dealers but then what? They don't shut coinbase down, instead they say they'll eventually approve the bitcoin ETF!

They make it incredibly painful to use banks but then they also introduce a semi-legal system where it is all free and easy!! (like bitcoin)
They make it fairly expensive to buy movies, books etc for a minimum wage worker but then they also introduce the alternative, torrent!!

Weird.

Edit: Just saw this:
https://torrentfreak.com/pirate-bay-founder-released-from-jail-but-immediately-re-arrested-150828/

So things are a bit messy with TPB. Dunno what his last situation is.

There are some extraneous circumstances there:

1)  Overpopulation tends to force humans to see each other as the enemy in a zero sum game.  There's really zero incentive at play to worry about things like 'tragedy of the commons'.

2)  Chinese are the sick man of Asia - culturally destroyed by communism and doomed to have a dysfunctional civilization until it's after effects are gone (who the hell knows how long that will be).

3)  Lopsided male to female population distribution.  With females being mostly predatory parasites seeking resources, one of their few coherent, shared cultural ideals revolves around the worship of money, otherwise you will have nothing to attract the female with.  The worship of money as an end instead of a means to an end is never going to create anything good.

Sorry man.  We need to all speak the same language otherwise people get confused.

Coinbase led for much of the 2017 rally so it was not aligned with Bitstamp.  We were calling Bitstamp, Bearstamp.  

Bitstamp is the chosen price on the Wall because it is the oldest and most reliable exchange. It also doesn’t have leveraged trading and various other fuckery common in other exchanges.

Here is a chart showing the spread between Coinbase and Bitstamp during the peak of the 2017 rally.  As you can see Coinbase / Gdax was trading up to 6.5% higher than Bitstamp.  



Here is a 15 minute chart from today.  You can see that Coinbase was up to 0.5% higher than Bitstamp, which translates to $34 at these levels.  

All these CCMFs (both trains and fiddles) and no Vegeta?

And Alts are showing better gains than BTC. Strange days indeed

Likely an overly inflated story self-reported by a shameless promotional oriented marketeer.

Probably some activity. But 25%? Riiiight.

hahahahaha

Famous last words.

"now I am prepared."




I know that, probably, the pic looks more like bob than you, mindrust... but I am doing my best here.

CME will open in an hour... will be interesting to see what happens; must suck to sit on a short and not being able to get out over the weekend  

Does somebody know how the price limit works? I mean halting BTC futures trading will not get BTC price changing.
Will the be forced settlements?

Hmmm hmm hm hmm

$11000 in one hour

Please note . I am not a psychic