Over $100 drop in just a few hrs., nice!
I know many of you are expert at extrapolating from similar data, while I'm young, innocent, and in need of guidance. Please, kind Sirs, critique my prognostication:
At this rate, BTC will be worth ...-$100 (negative one hundred dollars) by tomorrow nigh.
Did I get my maths right?

Nostalgia.

This thread started April 13th, 2013. The same week I discovered BTC. also same week I ordered
BFL equip to arrive in May 2013. (Phone voice verified) (Jally 5 gh arrived 🎃 Oct 31st 2017)
Such a clueless Newbie I was. 🤔

Anyway back to this thread start on April 13th, 2013. BTC was 67.43 bucks

https://bitcointalk.org/index.php?topic=178336.msg1858442#msg1858442

Wow!

😳
 

I was newbie stupid but got lucky..i upgraded the 65mm stuff and paid a fee too boot to upgrade to a monarch card....(8.5k in) thought it was lost
but a year later was refunded (one of the few) by BFL due to the SEC snooping around. They only paid 35k penalty the BFL corp took the losses
they would have been better off paying back no one ..even if it was just a few of us..dumb luck

So hey...rest assured the BFL crew...are all whales now due to us..and enjoying this price pump immensely like the rest of us minions

I can't even contemplate the number (feel free to do the math) of the diff between the april 13th 2013 post of $67.43 BTC raise till the now price of $1293 per BTC now

damn...that would be a lot of moo la...at 100 btc....can't go that high..the shock of such  rise in a 3 year period would make me a nervous wreck!

ack! (the old can't live with the BTC the price is too high....can't live without the BTC and sell it may pump....argh........the angst.....)

hopefully we will all be whining about that in 3 years as our worse problem



 

In the end, 1 BTC = 1 BTC. These dips are buying opportunity's to increase your stash. Just hold on to your coins and wait till they reach your target price. Might take a week, might take a month, might take a year. Uptrent wil continue over the years. 

The price charts 

It doesn't really matter!

If approved price will jump and there will be selling for profit taking. If rejected price will drop and there will be buying for hunting cheap bitcoins.

It doesn't really matter for the bitcoin price. What it does matter is only for bitcoin short term volatility.

ETFs need biitcoin. Bitcoin doesn't need ETFs.

There will be new ATH next week irrespective of SEC's decision!

That's besides the point! Just realized I am $5 away from breaking even.
Almost!!

Many are the fuck ups I have made trading bitcoin like this over the years. You live and learn to be so careful touching every damn button. Always use a computer when playing with your entire livelihood!






$1200 ON STAMP!!!! Next stop moon. Even with all the FUD and BS out there we are back at $1200. ETF or not I am feeling good

Lost 1.6 btc because of this pump lol. I will never sell my coins again. Moon plz

No reason for bitcoin to rise? LOL
Do people really hang out on these forums and still not get it?

Go read the bitcoin whitepaper, think about future implications of this technological advancement. Look up the increasing bitcoin demand that is happening on a global scale already.

Yep, definitely no reason for a price increase...

Its based on an average rate of people buying the actual 'coins'. (Supply&Demand.co.market.101.bible)    

Its something of a common knowledge information. My advice is that you should read a few hundred or at least a thousand pages from behind in this thread and you will learn more about economics.  


*edit: You should also know that my line is very bearish!

*edit2: Because after the halving, you can see from April / May of 2016... I should have drawn another line that is more steep!

He is still here... that's him! You can find him in a few hours starting spam-posting about your "beer tips"!

Good morning Bitcoinland.

Yet another day of creeping gently upward... currently $1257USD (Bitcoinaverage).

This will never get boring for those of us who are more interested in Bitcoin than in merely trading.

It's hard not to notice that those who seem to be permabulls and advocate holding tend to be members of long standing, sometimes with sizeable holdings, while those constantly posting TA charts and advocating frequent buying and selling tend to be noobs, often with negligible holdings.

To me it seems that the former are more interested in Bitcoin, while the latter are more interested in trading.

I suppose some day I should download and watch "Wolf of Wall Street" just to see what all the references are about. I recommend that perhaps the traders should watch "The Rise and Rise of Bitcoin".

 

Better hurry up. You might already be half an hour too late. The beartrap is closing fast.

That said, I'll still keep my cash handy and keep one eye on the price.

It looks like whomever spent so much to trigger this little dip has accomplished what they set out to do, but I won't deny the possibility of another round. If it goes below $1100 I'll head out to buy, and I'll still buy if it bounces back to less than $1140.

put the charts on weekly: check
remember 2014: check
remember january 2015: check
let´s find some kush in the desk drawer: check
let´s sit back and relax.

I am a bit surprised that noone has mentioned one of the consecuences a split between CORE and BU would have, apart from the AMAZINGLY HUGE volatility lower combined price etc...

1) If Bitcoin is split in two, core side will be at 1MB max block size at that time, and BU with an undetermined but bigger max block size.

2) Both "parties" will start dumping each other strongly. Chaos will reign and volatility could be so huge as to wipe ENTIRE order books up and down. (mainly down, even to 0).

3) All leveraged positions will be wiped on the peaks and valleys.

4) The difficulty will be much higher than the hashrate which, by itself, will create big delays between blocks. It is uncertain how big though.

And this is what I haven't seen anyone mention:

5) There will be a huge spike in transactions with people sending his coins to the exchanges. And I mean an unprecedently HUGE number of transactions. Orders of magnitude higher than anything we have ever seen.

6) Core with its 1MB max block and difficulty over hashrate combined will take ages to move the coins (which is not that bad because there will be less BTC coins arriving at the exchanges to be dumped), BU blocksize...well, I am not sure what it will do in that scenario, but it is possible that it will lead to additional hard forks/blocksize adjustment. Also Orphan blocks will be everywhere.

7) Even if in that scenario it seems that BU would be at an advange with its increased TPS over BTC, that will lead to more BUcoins arriving at the exchanges and being dumped by BTC supporters. The price of BUcoin will be much lower than BTC, at least for some time (days, weeks, months, maybe forever).

I could go on... but the only reasonable conclusion is that all this chaos and confussion will benefit noone (maybe to exchanges in the short period, due to the extreme volatility and huge number of trades) and that all this nonsense must come to and end now.

it all depends on which chain satoshi dumps on...
that chain will die.
not because he crashed its price
but because he expressed his preference

With this climate it could be a dead cat bounce indeed.

Than again, those tokens finex made may have turned the tables on value? lol idk, but I'm getting fomo heh

With price so low yesterday the continuing rise in price could trigger some dumping, could be dead cat. Majority of bears are gone now, hopefully we won't get a huge red candle or another slow drop. Glad we're back at 4 digits now that the guys who fell for FUD and such have sold off.

This Bitcoin market is hilarious right now.

The whale trader(s) that started pumping the market starting back in Jan/Feb must be fuming.  They couldn't FOMO pump it as high as they wanted, and failed to attract other large traders. China with their 100X margin sat this one out, then changed the rules on them.

And this time they got no flaw exploit, no exchange hack, no "China bans Bitcoin", no successful DDoS, no nothing to induce real panic in the market.

So in order to foam volatility (that's what they need to make profit) they're left with using the fake fork FUD and running back and forth to altcoins to pump the market up and down.  It's not even close to the volatility they were able to produce in 2013.

What a joke. Ha ha... hahahaha... merhahahahaAHAHAHAHA!

Give it up whale traders, yer toast! Go run 100% to alts where you might have a better time at it.  

Most people who have been around for a while know that this thread has absolutely zero impact on the price. I think some of us thought it did in the early (<$10) days but it is no longer the case.

The few whales that frequent this thread are either long term hodlers, or play a hold/loan on bitfinex strategy.

You can let fly your trading strategy here all you want. Nobody will change their buys or sells based on any posts in this thread other than the occasional quick turnaround on news dissemination here due to everyone having an interest in the bitcoin price and things that affect it.

Just arrived this from Circle to my email:

Potential Bitcoin Changes
We wanted to provide you with some important information regarding potential changes to Bitcoin that could significantly impact bitcoin held in your Circle Account.

As described in our User Agreement, “Bitcoin is a decentralized currency that operates on open source software protocols which can be used, modified or adapted by anyone... As a result of the decentralized nature of Bitcoin it is possible that sudden, unexpected or controversial changes (“forks”) can be made to Bitcoin.”

Based on recent developments in the Bitcoin ecosystem, it now seems likely that one or more forks of Bitcoin may occur in the near future. Any fork of Bitcoin may have a significant impact on the value of bitcoin and your ability to access the bitcoin you hold with Circle.

What should I do?
The only way to avoid the potential negative consequences of a Bitcoin fork is to not hold bitcoin. Just go to Settings > Currency and convert your balance to dollars, pounds or euro (availability is based on where you live). You’ll then be able to hold those funds with Circle or cash out instantly.


Have more inside on this email but i only copied the 2 paragraphs, but can you understand the impact of this to the people ? This can be the reason of  today's dump ?

oh look back to triple digit, who would have guessed 

Depends on how many miners switch. Imagine 50/50. We would have double the blocktimes for 2014 blocks? (Depending of course when the HF starts)

Yup, miners are running BU. 37,2% by hash rate right now... Did you think the BU signaling is just for show? 

We could just sit and cringe all day with these.

https://www.youtube.com/watch?v=D4PFTisD3kw

Very tastefull cup of coffee

Well the media can't win then, can they?  Bastards though they are, there's no point in insulting them for not associating Bitcoin with the ransomware, when they would have been insulted a hundred times more for doing it.  It's not like that exposure would have been good for Bitcoin's public image.

An early but very good morning Bitcoinland.

Another day, another ATH... currently $1954USD/$2650CAD (Bitcoinaverage).

It also just reached $1955USD at Stamp.

With a little luck we might see $2000 before the weekend's over. That would certainly be a milestone.

For all those who are acting like we're already there, I'd like to remind you that Bitfinex doesn't count. Their prices are exaggerated by their fiat transfer problems and basically mean nothing. You may as well go by Local Bitcoins or some Brazilian exchange.

None of the actual Bitcoin price indexes are anywhere close to $2000 yet.

23/07 already taken by: Bitcoinaire

31/08 was the soonest possible! grtz

I don't know Why but i Just want to make same ATH guess like last time
Rules ....: the one  with the right date of ATH gets .25 btc paid directly  (UTC time)
I look to Every page in here from now When a date is picked first iT cannot been taken again ( 1st =1st)
Another .25 btc is rewarded for ho makes best of technical analyse of the time When we strike ATH.... and Why iT happens at that time.....
So This .25 also only to been payed 1 time .... and not 2 times te same explanation.... (1st =1st)

Both answers to win must been inside before 20-09-2017
Goodluck to the ones that like This  

when to call ATH .... you take 25-09-2017  ??

Maybe they are delaying the big bang until The Big Bang:

https://the-big-bang-theory.com/episodeguide/episode/1109/The-Bitcoin-Entanglement/?src=epgHomeQuick

Been reading for a while but only now registered to speak.

Wanted to thank everyone for the great commentary and knowledge sharing.

I am in this for the long run, as stated previously: 1 BTC is 1 BTC. I am confident in the technology, which is what really matters here. This is just a quick stocking up stage. I believe/hope that BTC will only rise stronger. A good rise from this should show confidence in BTC and the community.

Thanks for the positive outlook. I hope to contribute more in the future, but it seems that many active users here are much more knowledgeable than I am.... but there are others that are clearly not. Hopefully I can find a spot to be helpful as well.

HODL/restock is the way through this.

very quick short list  for a small "game list"

Any would be cool!
Looks like I’m going to have to join the hat club

IBM to acquire Red Hat.  $34 billion

https://www.cnbc.com/2018/10/28/ibm-is-reportedly-nearing-deal-to-acquire-red-hat.html?__source=facebook%7Cmain

... is no more Bitcoin’s fault as it is humanity’s fault for not hastening the transition to renewable energy.

How do you have an avatar as jr. member and why is it not a hat?

dirty nohatter

We're trying to play the larger game, here, as I believe someone else stated.

We can't have moon until we have full cap-itulation... or something.

Don't mind me. I just sit here, HODL Bitcorn, wear this hat, doing my part to stay strong until the next orbital cycle.

So, why not think about spendl as well?

Good almost HAT time

 Nooooo!  Make it stop!!!

Jay has himself on ignore.

Direct energy weapons for sure, these aren't normal fires. This is the enemy at the front door to distract from the massive voter fraud going on in the US. Good short video from the SGT Report that I watched last night about these fires. https://www.youtube.com/watch?v=fTvjS1-skFM

If he had a single key from Satoshi's blocks he would sign "BCH SV FTW" message, and bury Jihan Wu.

Does anyone think he would not use such a weapon? The fact he did not do it is yet another proof he is 100% fake.

Currently looking like a bear pennant.  Targeting a break to the downside by Tuesday, although could be as soon as a few hours from now. 

I would like to hear people’s stories about how they first heard about Bitcoin ?

I read about it in Wired Magazine in early 2013.  I was familiar with gold farming in WOW so it didn’t seem too outlandish.  It took a second mention in the media in November 2013 for me to pay attention and find this forum on google.

taking you guy's with me

now the price just gotta follow

WE NEED MORE SHITPOSTING!!

I haven't actually laughed out loud on this forum in a while. That was bluddy hilarious. Wife's boyfriend. Nice!

I opened her account and watched a topless video, I honestly thought a man voice will come out of that mouth, looks like a Thai ladyboy

Back to the basics.. Lambos, manors and hot bitches are staying the dreamworld.

next two weeks:
via Imgflip GIF Maker

mic you are far from the least knowledgable about bitcoin here. You don’t need to be a tech wizard to make lots of money from bitcoin, simply owning bitcoin is more than a lot of people here.

Don’t be hard on yourself, you’re one of my favourite people here.

Put r0ach on ignore!

haha lol i know those moment, luckily my GF is an BTC enthusiasm herself and she HODL's her fair share as well
but i know it with other kind of things

The sad part is, I tried to give her something to keep her from bitching about bitcoin only to give her something new to bitch about.  

 Mine doesn't know how to use/move/find our Bitcoins so she has to stick around and keep me healthy.


edit: now she's hitting me and wont stop til I take her shopping.  See you!

I have a shelf full of Monarchs that I pre-ordered.  In an alternate universe where BFL didn't exist I have a 747 with my name on it.

Hodling is different concept, but in current scenario is it better to wait for more dip before buying.

when i started mining in 2011 it was easier to acquire btc by gpu mining than buying.

as im a hardware guy who likes to tinker, i never really stopped except for a year or two around 2013-14. that was when asics really took hold. asics were pretty much a suckers game except for 1st batch folks (assuming they werent outright scammed). then around when eth mining with gpus became profitable i got back in. trading eth for btc of course.

something about that soothing white noise from the fans and the tweaking that just gets me.

and now i have squirrel acorn fpga gpu accelerators to (hopefully?) breath new life into my aging gpu rigs. plus an bcu1525 fpga on order that may or may not come anywhere near making roi, but will at least be fun to play with.

for me, mining as a hobby is a lot safer than some of my other much more expensive hobbies. and some of those  hobbies tend to cause death or other undesirable results when you screw up. so there is that advantage.

The problem I have with this is there has been no bounces in months, just flat and falling, that can't be good

Why are people established enough to remember all the nothing posters from 2014-15 bothering to engage them this time around? Insta ignore for all.

RSI hitting 30 is quite bullish actually.

I always thought there was more of a selloff to come since we've never plumbed the oversold zone on the 1-week chart since way back in 2015. Getting that out of the way might make it safer for traders to contemplate a trend reversal since in bitcoin it tends to only visit that region rarely and once (or max twice) per cycle.

No? Bitcoiners, we have money.

the panic sellers about to buy back in... wait for it.... wait for it...

I miss that kind of weekends, should watch the movie again and reminisce about the past.

Did somebody call?

Fear and Loathing in Las Vegas. It's a really good movie, especially for druggies (used to be one).

Fuuuck.

Look at that weekly volume on the volume oscillator at the bottom.  Higher than the February crash.

I don’t know.  Just shorting right now is probable suicide.  Rally to $6k?  I have NFI.  I’m staying out.  

Fine, sign here:

So let’s coin a new market meme, BTFC, ‘Buy The Flipping Crash’

Gentlemen we can safely say we have re-entered a bart market.

I'm very open for the idea, because some of the things that happened in my life were just too fucking weird for me to explain.
There have been numerous instances where I just had a weird gut feeling that basically yelled at me to go down a path that turned out pretty much picture perfect.

But I've studied enough statistics to know that it could very well be bullshit, so I'm not too invested in either case. Hoping for a "game over screen" that will clear this up after death (though not as much as for longevity and indefinite life spans).

 The ultimate irony, of course, being that Nevada has legalized recreational marijuana, right ?  

 The USA desperately needs to adopt a sane drug policy at a federal level, if for no other reason than basic humanitarianism.

Here are some more...
https://imgur.com/gallery/mpTFn

Alright! That's the spirit.

Capitulation, FUD, despair, resignation.

Everybody join in.  

Come on warrior! You are a "BTC HODler"  

No, you have to mention death spiral too. It's the flavor of the month for some of the chart guys who are heavily shorted.

Beanie Babies, imaginary internet "money", Ponzi scheme, kiddieporn, terrorism, money laundering, drugs, etc.

November 20, 2021 in Vegas.  We still need to agree the venue for the party. All accommodation arrangements are to be made privately because opsec.  

I can wait 10 years if I have to but I was hoping I’d be pretty rich around 12 months after the next halvening.
I was close to being a millionaire GBP wise at the ATH (obviously that’s gone to shit now but I’ve sold nothing).

I was hoping to be 75% sold out of bitcoin in approx 2022 never having to even think about what I’m spending ever again.

10 years is a little long but I can wait.

This just seems a lot worse than the last long bear market as obviously I have a lot to lose this time.

BinaryReign, ivomm - thanks for that. Good to read confidence from fellow bulls/HODLERS.

Bob - Sent you 2 Merit’s to start you on your way.

Edit - Short squeeze in play

Sure.  I'd love to make you one but you need 100 merit in order to wearit^tm

Merry Christmas

Dunno why you guys don’t have that retard on ignore. He’s self confessed that he wants to buy at $1,500.
Check his post history, loads of it is in ‘Altcoin Discussion’.

He’s a broke ass troll trying to unsettle & worry weak hands / noobs.

Ignore

Good Evening Binary!

Yeah, the crypto market sucks lately, but at least you're enjoying your time and come back fully recharged.


Try not to think much about the price and just enjoy! Better times will come (I hope!).

Tell her you intend to ruin your lives by not selling at $250k either.  

Just wait how January works. 20K is coming, Mark this post..

If we close above the 200 weekly ma, after touching it, that's bullish right? Right?
It would be over for the bears. Over.
No Black Monday, just trains and rockets. Rrright?

Some day it'll be back to this.





No. It's me as well. I'll stick with my existing shit. I was wondering why no volume is a virtue.

1PeoBY59Q2zqjZXbiWJhyoxSr7obsERVer

message: "Yes.  It is still a thing."
signature: "Gyon8k9YDP+LMilGsRyqJmgbK5p9cdyFM12WyxwSLW3gS8bOIEVlbpLrFsN6USiEnwH9iz0XznNIaI8rusF0f8Q="

 Yeah buoy!!
Looking good.

find yourself

F*** gonna correct that tomorrow when i’m back home
Sorry man ....

Somebody ordered a Wolf of Wall Observer Morty hat



Avatar-sized

 You are most welcome but please accept my apologies because I had hooked up my old monitor to a new computer and I didn't properly adjust the settings so there is a significant blue tint those two hats.
I believe this looks slightly better (and hopefully not only to me).



Avatar-sized

Not gonna lie, wish I had come up with that hat first. It's the perfect WO hat.

In English: cat, hat;
In French, chat, chapeau.
Ja, das ist eine Katze Hut
If you must know.





Avatar-sized

will you just fuck away gembitz

 I am my own worst critic.  I would like to offer an alternative to the Pac caP; I think the trails show up better on this one.



Avatar-sized

Come on bro, I’ve seen your posts here. You’re better than this, I know you are. Strap yourself in, I know it’s a long wait but we will get there in the end.

North of $50,000 6-12 months after the halvening. Quote me on it, you owe me a beer when we get there

now i need to do a lotta googling

Apparently KYC is required !



https://twitter.com/CryptoParadyme/status/1087178167230459904

"Put in $25. Got the slip.

Great.

Went back to my car.

Name. Phone. Number. Email.
Okay.

Identification.
Lame but not unexpected.
Seems silly for such a small amount.

Wasn't able to do it from mobile. App wouldn't complete the process.

Tried on 4G and Wifi.

...


Get home. Upload everything.

Now they want a selfie.

For $25.

Selfie uploaded.

Please wait 5 minutes for verification. Fine.

They push me through signing up for their website to create an account.

...

Finally withdrew with a fee of 1 Sat/B.

Lost 4% in fees to the ATM + Their large markup on Bitcoin price + the extra transaction fee their bad tx organization added."

Good morning.

Today is my birthday !!!, happy to share it in WO,s

Last night I went out to dinner with my wife, some photos.

nobody tell him

So did you buy soonish as I suggested (along with someone else)?

not so much empty as filled with crap. lots of it.

Hi BinaryReign, looks like an interesting choice, thanks for the tip!

Cool, thanks for mentioning it.
I was discussing this topic before as well.
It seems that we are on the verge of profound changes in our biology.

In addition, aging is important as well, but most difficult to tackle, perhaps.