Don't you think Brian Armstrong has a conflict of interest and might make biased predictions considering he is Coinbase CEO and co-founder? There is no chance he will say anything detrimental about Bitcoin because his company relies on it to make profits. You don't bite the hand that feeds you.
obviously.. karpeles is a terrorist who must be waterboarded to reveal his secret key to the 550,000 missing bitcoins. they cannot afford to lose 5% of all bitcoins ever be made just cuz one fat turd decided to pull a scheme. does that makes sense ?? karpeles is causing bitcoins to be unable to become the worlds new reserve currency. they can't kill him. he is holding the bitcoins hostage. he didn't dump the coins as planned.
I'm sure they could get him to talk if they want to. The Japanese prisons aren't as soft as the western ones. Plus he'll be locked up with members of the Japanese Yakuza mafia. If he doesn't tell the authorities where he hid the Bitcoins the Yakuza will soon get him to talk. He'll have a nightmare if he already dumped them because nobody will believe him.
Is bitcoinity malfunctioning? The chart shows a spike on bitstamp down to 1.5 dollars about ten minutes ago, but there were less than 200 Bitcoins dumped to get it down that low. That must be a malfunction, I can't believe anyone could buy a bitcoin for 1.5 dollars
editIt must be a bitcoinity malfunction because bitstamp's data page shows today's range never went below $540.17
How could it be that the pump is already over?
People aren't satisfied with this. Miners shouldn't be satisfied with this. This way most people who invested in mining companies are gonna lose hard, they won't allow that, right? The profit ASIC manufactorers made could be invested into bitcoins, the profit mining companies made the last year, could be invested in Bitcoin below a certain price.
Its just a weakhands shakeout. Also a clearing of too much longs. Itīs the healthier possible thing before the real bubble. Or even better, no bubble, just common sense, slow pace correction to 3-5k which is the minimum minimorum real price of one coin.
True price should be around 5-15k at least. Just relax, let things take its place and enjoy the following months
In chart guy terminology there was a double top at $780, and a giant cup and handle chart pattern forming over the last two years. At $780 the right hand side of the cup had formed, and we needed a crash to get the bottom of the handle formed. With that in place the price can rise to the top of the handle and the real bubble's 5-15k at least price.
going a bit up again this morning. halving is very close.
$600 held: now is time to see what the price will be on the very first blocks of the 12.5 bitcoin reward era
That's what matters to me, nothing else
Going up or down $70 isn't a big deal now bitcoin's gone above $600. When it was half that price or lower then $70 was a big move, but not any more. The price will probably go back above $670 for the very first blocks of the 12.5 bitcoin reward era, and a few months later the reduced reward will have moved the price higher.
going a bit up again this morning. halving is very close.
$600 held: now is time to see what the price will be on the very first blocks of the 12.5 bitcoin reward era
That's what matters to me, nothing else
Going up or down $70 isn't a big deal now bitcoin's gone above $600. When it was half that price or lower then $70 was a big move, but not any more. The price will probably go back above $670 for the very first blocks of the 12.5 bitcoin reward era, and a few months later the reduced reward will have moved the price higher.
I think price will be down right after the the first 12.5 BTC block is mined due to speculation and market manipulation. Then up again. In some weeks or days, I don't know
Whatever happens we only have a day and a half left to wait to find out. Even if the price gets manipulated I think it will go upwards in in the weeks and months after the start of the 12.5 bitcoin reward era.