China almost 50$ above Stamp  

No way but up I guess  

Thread very silent, best time to look for opportunity.

if willy bot had never existed what would the 2 year price chart look like do you think? would this be the ATH now?

I'm still feeling it. But that might be unrelated.

I don't know why, but its had its highest volume for a long time over the last day. It's strange because the price hasn't gone up or down too dramatically. If I didn't know better I would think someone's trying to artificially inflate its volume with wash trading, but it's a regulated exchange so that's impossible, right?

Gimme a break. My node cost me $118 bucks.

It seems that someone says the same thing every now and then. The price looks good at the moment.

Wait, are you saying the next 24h are critical?

More like Eddie murphy in 48 hours...or ...

It's more, and better, than what I feared the result would be a few months ago, but then again, maybe that says more about the low expectations I had.

I suspect the statement is read in very different ways by different groups. Some will read this line


and will draw very different conclusions about the future than some reading this line

Seems like bitcoin the honey badger doesnt care and makes us a xmas present going back into rally mode

merry xmas everyone 

We'll get more volatility very soon. Just give the market some time to get past the holidays and back to work. 

Just noticed that BTC is back over 50% of all alts   

The fact people aren't migrating away from Coinbase en masse tells me something about people--they're mostly a bunch of apathetic wankers.

The funny thing is though, I'm not sure any of these exchanges are fully solvent. They could all be running fractional reserves. Or leveraging user account coins against other investments. Hence the reason why the whole "yearly independent bitcoin audit" thing seemed to have died 2-3 years ago.

^^^ NYTimes is a government foghorn waste of ink and shouldn't be read at all ... the amount of times they have been caught lying should tell you emphatically, do not trust the NYTimes ... or it's bitch-master the US police state.

I'm looking to be retired by March 1st, 2018. The price of Bitcoin figures directly into that strategy.

All the BCH went to paying off the balance on our mortgage, buying a new SUV, and the rest went to the IRS.

Have not touched the other forks, and not likely to until it's considered long-term gains.

About fractional-reserve and Bitcoin Exchanges there's this thread if you missed it
https://bitcointalk.org/index.php?topic=945881.0

dump over already?
weak sauce bears

13 year old toy poodle {in uk arctic blast) best dog  that has ever walked this earth. also a massive bitcoin fan and prophet

Why wouldn't you want to feed my conspiracy theories? Lol  

No but seriously, are people really buying that this trustee was able to time the top of the market perfectly at $20k, and sell that much bitcoin on exchange risking mega slippage instead of just doing a public OTC auction/private sale?

Orly? There are many wealthy individual and institutional investors that would probably jump at the chance to purchase that much bitcoin off-exchange.

Keep in mind that the media can make up whatever FUD bullshit they want and put it out there, and the public has no choice but to accept it at face value...

Epic post

i have feelings we go back to 6500-7000 very soon 

Just don't buy anything to show off at the party:

https://www.youtube.com/watch?v=gCQRvfWvdt8

or the IRS will hunt your ass for the rest of your life.

I'll give it a shot.

- Non-segwit transactions require 51% of the hashpower and a private key to steal. Segwit transactions just require 51% of the hashpower.
- This decreases the security of segwit transactions. However, we assume that it will be in the best interest of the miners to not steal Segwit coins. If one of the miners were to take all the segwit coins, we assume most other miner's wouldn't recognize the theft, and the thieved coins would be on a forked chain that would soon die.

The previous part is basically non-controversial. The rest is speculation and conjecture. Anonymint and some others, such as Mircea Popescu, are of the opinion that it's almost an inevitability the segwit coins will be stolen. Here is their reasoning, as I see it:

- Miners did not want the segwit soft fork. They went along with it just to prevent the UASF
- Bcash was essentially "plan a" to keep most transactions on the main bitcoin layer, so they can protect their fees.
- If bcash doesn't succeed (hint: it won't), plan B is a future fork that will remove segwit. In this case, miners will take all the coins.
 - Plan B seems unlikely, but:
 - As more and more Bitcoins pile into segwit addresses, there is an ever-increasing incentive for miners to steal these.
 - Technically it wouldn't even be theft, as segwit transactions are "anyone can spend". You don't need a private key, as mentioned earlier.
 - Even though the majority of users would be pissed, the super wealthy would support the non-segwit chain. To them, securing their wealth is the single most important thing, and the non-segwit chain offers higher security.
 - Mining is centralized, and even if it becomes more decentralized due to new ASIC manufacturers, etc. miners will operate as a cartel. At the end of the day, they all want to make as much money as possible.
 - As we head toward the future, mining rewards taper down to almost nothing. Miners need to increasingly rely on transaction fees. It would be in the best interest of miners to maximize these fees. Segwit cuts into these fees.