Yeah hahaha, sorry about that, accidental fud I guess, my bad. Happy to provide a laugh. I meant that sarcastically/ironically to insult the shorters (who seem utterly fucking hellbent on crashing price, in spite of the *majority of people* who seem to all want it to go up and expect significantly greater prices). Of course bitcoin cannot die, it's software, it can however be devalued by 200:1 and stagnate there perpetually until obscurity (worst case disaster scenario fundamental tech issue only, of course). I have a tinfoil cowboy hat somewhere out in the garage, so I wouldn't argue against the possibility of intentional suppression of the bitcoin price for geopolitical reasons, rather than for individual profit motive. I'd rather hope it's for profit reason and not political though, hedge fund managers/wealthy individuals are likely better for everyone to be the cause than governments/banks - the former will eventually or occasionally want upward movement, the latter would likely only want total failure.

If something like 15% of the real world population is an asshole, the number must be approaching at least 40% on the internet.

can people stop shitting on my bull market with bullshit irrelevant news please.

this halvening is going to fucking happen alright? give me my fucking money and piss off.

Any reason for this dump?

I felt pretty confident we would keep moving up

Such artificial pump of ETH and artificial dump of BTC can last only so long...

I feel much better investing in bitcoin rather than ETH.. and maybe that's just me?

Oh shit you just posted the same shit with your other sockpuppet acc.

http://www.gdax.com/

COINBASE ETH COUNTDOWN!

Since btc is cheap compared to what it will be very soon, I just purchased 50 more.

I just buy until the price of the ones I already have goes up.

What is ETH actually for? What's so good about it?

I no nothing about it apart from its premined right? And there is no cap.

What are the good points?

Literally every alt coin has proven to be a scam to earn a quick buck.

When you've been talking about bitcoins downfall

A lot of BTC's volume right now is due to the pricking of ETH's bubble.

I don't understand this argument at all. How exactly is Core a central authority and how do you solve this perceived problem of trust by instead trusting this other 'central authority' called BU? I don't need to trust Core at all, I don't worry they're going to break Bitcoin one day since the consensus rules are not easily changed and requires the entire ecosystem to pretty much agree. If BU was the main software that ran the network I would be very worried though, since with them I am not so sure the consensus rules wouldn't be changed on a whim. By the way Core is not a company or corporation and doesn't speak with one voice, anyone can contribute to it and a great number of developers with diverse opinions about many Bitcoin related issues do and peer review each other. Let's not throw away what we have here because we're impatient about scaling Bitcoin or disagree on how to do it exactly.


How does Core exactly engage in censorship and breaking promises? They have done none of these things, it's this kind of talk and theories that fuel the flames of division. Say it often enough and people start to believe it. I've seen a lot of open discussions about how to scale Bitcoin and in the end it all boils down to a simple thing. Most Core developers but also many experts outside the Core community believe that it's important we keep nodes relatively cheap to run in order to keep the most important aspect of Bitcoin which is decentralization. Onchain scaling therefore is limited and will never be able to support global adoption without sacrificing decentralization, so true scaling to meet global demand needs to come from 2nd layer solutions like lightning. I personally fully agree with this. There are people who disagree however and don't think it's a problem if nodes can only be run in big datacenters, and although I think that's very dangerous it's perfectly okay if someone has that opinion. However you don't need to be a rocket scientist to see that this is a very contentious issue and there's no way that Bitcoin can just hardfork to satisfy these people. So why the need for all the strife and division? We can all just agree to disagree here, we've discussed this long and hard enough by now. Complaints about censorship on a Bitcoin subreddit does not change anything. I have pretty much seen and heard all the arguments for and against a hard fork for a simple increase to 2MB, Segwit as a soft fork or Segwit as a hard fork (+ increase). Segwit as a soft fork is the only viable option here that has any chance to be accepted any time soon, and then hopefully a hard fork later if enough people calmed down again to allow consensus to form for another increase. People just need to learn to not get caught up in the drama that's mostly instigated by those who see Bitcoin as a threat and want it to fail.

Word!

Too bad they are using Bitcoin-Mainnet as a Testbed for thair so called "alternative implementation" piece of shit.  

Sorry but Segwit has been tested excessively on Bitcoin Testnet and an seperate network...

and it does not even introduce such serious changes to bitcoin like BU does. BU changes the consensus mechanism, maybe the most important part of bitcoin ...

Please stop the gold parity talk. It's stupid (for now at least).

So bitcoin will go down to 800sh soon? I'll wait for that to happen before I will re-enter then.  

Acutally if a hostile fork happens then almost the whole network will reject the invalid blocks    
They could fuck up bitcoin really bad.

Actually its a bit hard for me to understand how someone who has invested millions in hardware can risk that by running untested stoftware coded by some hobby programmers...

Anyone notice this thread has 1/10th the traffic of past rises and dumps?  I think this is a sign of the fact that there's no reason for cryptocurrency to exist unless you can create an ASIC proof algo where coins can be mined on commodity hardware, or constantly change the algo to defeat them.  Without doing that, the draught of new people coming in signals the date of ASIC creation as the start of the coin's eventual death.  If this thread is any indicator of the system at large, Bitcoin is like a brown dwarf star running on fuel from a prior era.  

The only thing keeping it going at all is that some PoW altcoins are used as proxies for new people to occasionally enter.  Those altcoins are generally only profitable to mine during bull runs, so it also has the side effect of making bubbles larger and bear markets even more bearish.  This phenomenon is why you always see proof of stake coins wither and die like clockwork as well.

And that won't lead to monero attracting special attention from the FBI and having its fiat gateways tightly controlled and resources ploughed into cracking the cryptography that will eventually expose the whole monero blackchain.....  

Bitcoin is absolutely right to have a transparent blockchain, it just lacks the optionally private transactions that Dash has mastered with PrivateSend.  Obfuscate the transactions, not the whole damn blockchain.  Ah well, people will learn.

Does anyone know Kraken's policy in the event of a coin split?  Have they announced one?

Bitcoin Core? I guess that's yet another new fork like BCash? Because we don't what that refers to here.

It is indeed a well written piece of FUD. Let's face it, the Bitcoin Cash opposition is growing and will not be stopped any time soon. There are more and more Bitcoin Cash shills every day. I think Bitcoin Cash will continue to gain steam up until the fork, but what happens after the fork is anyone's guess. My guess is the Segwit1x fork will be crowned Bitcoin. Just hedge your bets and you will be OK.

So let me get this straight.

The CME Group is supposed to launch Bitcoin futures trading on Nov 14th. Then, "The Idiots Who Shall Not Be Named" are set to launch SegWit2x on Nov 16th.

And everyone thinks this timing is nothing more than coincidental??  

I asked myself the same question. Now a plausible explanation maybe is to cause a massive shake-out... .

also the bitcoin cash jokers at the same time:
https://www.bitcoinabc.org/november
Bitcoin ABC has published version 0.16.0 which contains an updated Difficulty Adjustment Algorithm (DAA).  

This is a change to the Bitcoin Cash consensus rules, but the change does not activate until November 13th.  This is a hard fork, so exchanges, wallets, and other software need to upgrade before November 13th.

How about nodes? Does BCH actually have any that aren't Bitmain?

from the perspective of a wrong-way driver it really looks like all the others are wrong.

visions can and should compete. but playing foul/malicious games that will hurt peoples life savings is one big ego trip. where are your contributions towards bitcoin to address the problem you describe?  didn't´t get merged? why?  

Hum. Didn't dump all my clonecoins, but still made what could be considered a pretty penny on the ones I did.

If shitcoins pump then I can sell them later. And if not, then bitcoin is going to keep winning and clonecoins will be there as an insurance. Either way, the future is bright.

That said, something still feels off to me. If this was all that the biggest attack on bitcoin to date could do, then... well we will see what we will see.

I am bullish in Bitcoin fees. Now I just need to find where to trade some futures for it.

Remember ripple is not a bubble, you can transfer valuable fiat for cheap and environment friendly unlinke this shady bad bitcoin ponzi *sarkasm off*

I think JayJuanGee is most likely Satoshi and is trolling us all.

The prospect of substantial government revenue losses is not just a problem for the United States government; it is also a problem for the cryptocurrencies themselves. For cryptocurrencies to survive long enough to be an effective means of performing everyday transactions, the cryptocurrency community will need to find a way to prevent tax evasion. This will involve a tricky balancing act, preserving anonymity while providing the I.R.S. with sufficient information to prevent tax evasion.

More generally, cracking down on tax evasion will require that the community learn to trust government. Since this goes against the very ethos of the cryptocurrency movement, it poses the most difficult — but no less necessary — challenge.

So, who sold at the bottom? Bear trap is over and according to masterluc we're in the beginning of the 4th wave. From this point we're going UP!

I do not think you can call BCash small units Satoshi...

LilPoos ?

Unbelievable. Does the guy really understand what sort of scammy shit he is endorsing?

Yup, that's my preferred method of collecting tears and Bitcoin. Lovely way to do it.

Feels like it wants to slow bleed out and go right back to where it came from (the $3k-ish area) before it decides if it will pump and dump again or just fade into obscurity.

In a bull day I have not come here to read about pet food.
You guys are nuts.

On a completely different note, a few weeks ago bitcoin was dead but now...
https://www.cnbc.com/video/2018/04/12/bitcoin-could-triple-in-price-by-years-end-says-fundstrats-tom-lee.html

I certainly am not willing to use up that much of my home bandwidth. And even if I was, 500 tx/s isn't nearly enough to be a good long term goal. I mean if that was all that we were capable of achieving than it would be enough for bitcoin to be a useful niche technology, that would even be true if we were stuck forever at 7tx/s, but both are less than ideal.

But ok, so increasing block size is a useful scaling vector. I actually think most people on the main chain side of the divide agree with that, I know I do. Other main chain supporters in this tread, how do you feel about responsible block size increases that correspond to improvements in computer hardware and networking infrastructure? It seems to me that the divide is not between willingness to increase blocksize or not, its a disagreement on whether we should be taking an extremely restrictive uni directional approach to this problem vs a more comprehensive multi faceted approach. I just don't see how someone can argue for the former.

Former CFTC head says ETH and XRP may be securities as a single organization is behind them.

https://www.bloomberg.com/news/articles/2018-04-23/ether-ripple-may-be-securities-former-cftc-head-gensler-says

By that logic, Bcash lol is also a security as it is driven by Bitmain.

There is definitely a good sized minority out there who believe that bcash is "the real bitcoin".

The House Rules Committee voted to approve the measure on Monday, ending what appeared to be a freeze on the bill after the House Ways and Means Committee gave its approval early last month. It now proceeds to the full House for a vote.

If finalized and approved, the bill would empower the Arizona Department of Revenue to collect taxes in the form of cryptocurrency - and make the state the first in the U.S. to officially accept a cryptocurrency as payment.

So, we are approaching 10k... where are the rockets, trains, that kind of stuff?

Maybe it's just me though.

the hodltrain

Meh. It's just that we have been over this so many times already.

The problem with your statement is that this gives you no justification for claiming your preferred implementation is The Real Bitcoin. Even if it were true. For there is no objective way of measuring 'the majority of end users'.

There are only two non-Sybil-able sets in the Bitcoin ecosystem. Miners, and economic power. These are measurable. The others -- including some count of end-users -- are not.

And really? Number of end users? One person who uses/has used Bitcoin, one vote? Regardless of current holding quantity? And circular Bitcoin definition? I expect better of you, Torque.

FFS - if you're going to shill an altcoin here, at least pick a respectable one.

If, sometime in the future, consensus dictates that Bcash is the real Bitcoin, I would acknowledge that. However, I'd also acknowledge that Bitcoin has failed, and I would disengage from the space altogether, and focus on Monero or something.

yuh almost all the legendaries round here are xmr infiltrators

IMO he is right, at least for me XMR is the No2 after Bitcoin. And i think thats the case for many bitcoiners. Dash doesnt stand a chance sry.

There is a strong correlation between conspiracy theorists and low cognitive capability.  Make of that what you will. 

Out of curiosity, what would you do with your life if the joos are no longer the boogyman?

Seriously? It is something I contemplated myself with my hatred for the state and the amount of time I spent of my life fighting for liberty. Only to realize that so much of my life was wasted fighting for something nobody else really wants.

What's on the other side of victory? For me I am discovering that. What is it I am fighting for? What, in my own life, is being restricted by the evil government?

The reality is I can find freedom in my own life and not worry about them. I can move forward in my own life and have that future on my own. I can focus on the things I'd wanted to do before getting caught up in the whole political game. Sure, the knowledge of how things work has helped in my decision making, but I don't have to be a warrior for "the cause". I can be a warrior for my self.

2. Some interesting data about Tether and its use to manipulate the price of bitcoin and other cryptos. While this seems credible..I would caution that this needs further peer review. Also of note..this is not the best written paper I have seen from an academic. There are several problems with continuity and syntax I spotted right off. ymmv.
https://poseidon01.ssrn.com/delivery.php?ID=295096073027113073065090119101116107055064063038093061070012082027073102081003117023041124051002057017044101120072087031100027017010070089022088094094112018087082125059006082106028007000092107024030017085025127109107118017000105108013080026065066096093&EXT=pdf

According to the doomsayers and FUDcallers, this is not going to save you.

Your coins need to be on a pre-fork/non-segwit address. Any coins you receive after the fork will most likely to have a segwit background. Since the adoption grows, the chances of getting non-segwit coins are becoming less and less.

Stupid ass statements like this shows your true agenda to denigrate and to attack bitcoin through your own misleading.

And V8 - What’s that, another shitcoin/shitfork? You gotta be kidding me?

Bitcoin Cash (BCH) companies nChain and CoinGeek have announced the creation of “Bitcoin SV” — a new Bitcoin implementation that aims to prevent “unnecessary changes” to the original Satoshi Nakamoto protocol. However the move could further entrench current divisions within the BCH developer community, forcing miners to choose between different and soon-to-be incompatible versions of the full-node software.

Sure this crooks will juice the idiots till the last penny.

OT - You think Bitcoin is a pump and dump scam? Nope not even close, check this out :

https://www.marketwatch.com/investing/stock/hmny

Look at that 2 yr chart.    RIP.

Remember kids, any stock, penny stock, shitcoin, or ICO scam coin can dilute to infinity!

I officially dub it:
ABCash

Odds are looking pretty low at the moment, perhaps less than 15%?  Or is that too bearish?

We gotta get above a few pretty strong resistance points, especially between $10k and $17k.... Probably if we were able to get above $17k, then we have pretty decent chances of breaking above previous ATH from there... By the way, I am also reading your €25k as a value of about $28k, since we are talking dollars in this thread, not European funny money.   .... so yeah, once we get above the previous ATH of $19,666, then probably we will be able to get into the sub $30k territory before meeting some resistance, perhaps?

Wtf is going on with btc hashrate

https://fork.lol/pow/hashrate

Insane...  All these new ~30TH miners coming online?

It's uncanny how well the ol' bubble cycle chart fits, isn't it?

UT 700K to 1 Million Bitcoin (BTC and any Bitcoin-Fork) “worthy any price on January 1, 2020” could be the ultimate dump from BTC to BCH or BCC or which ever “Bitcoin is Cash” Craig and them/team decide to do? Quick math at 700,000 BTC at $7,000 is $4.9 Billion (and if was 1,000,000 BTC at ATH of $20K~) would be $20 Billion range – by January 1, 2020 (next halving will be between April-June 2020) the price of one BTC could be much higher given the trajectory and advancements being made despite all the internal politics.

There is no victory for this shitchain, if they try to destroy Bitcoin they will destroy themselves.

Wat?

understadble ,you would like to delay the house buying a bit for sure, but women stays women ,nothing to do about that

CAUTION! Volatile days ahead:

Seems like the btc.com block explorer is just showing the base blocksize, because there are Segwit transactions included in the blocks.

https://www.blockchain.com/btc/block/000000000000000000026dc974e457b901a8671e17c4acfc955e6ec8e8563824

Funny how this "information" is passed right now on all crypto channels, but nobody even bothered to look into the block data lol.

Maybe it has something to do with the activation of overt asicboost in the newest antminer firmware ? Fucked up pool software ?

And why would micro transactions or small transactions deserve a permanent record on nodes across the world?