Masterluk has always been an altcoin-antagonist. Basically - he neglects alts like all the Bitcoin maximalists do. I am periodically reading his blog lately, and his attitude to Ethereum (as well as to all other alts) is rather disparaging. His main point (though not the only one) is - only Bitcoin is really decentralized and secure.

Well, thats his point of view. It has some merit. I won't completely agree, and am sure some of the alts have a lot to offer, especially the ones which experiment with blockchain, and are not supposed to become just a currency - but we all are entitled to our opinions. Masterluk is a pretty smart, educated person and has great sence of humour too. Reading his blog one can get the most important thing at this time - the peace of mind. But if you don't know Russian - some of his sentences would be absolutely impossible to understand

P.S.Wow, looks like I finally did my first post in WO thread . Won't do much more, as my poor English doesn't let me feel fit here...

As to me, 5 years of flawless work is too little to claim SSDs are superiour in reliability. Most HDDs i was using (almost all, in fact) lasted more than 10 years, and just went retired due to upgrading the PC... On laptops HDDs seem to die much sooner than on desktops though.

Not sure why people in the West think no-moving-part is a synonim to reliability. Might come down to marketing hype... For example, nowadays SSDs can be good, but MMC flash storages used in many tablets, phones and SBCs, are dieing very fast if you write a lot. I had to move from MMC to HDD for my OrangePi (Raspberri-like device), so it could sustain constant writing load due to coin nodes I was running.

P.S. You told me the posting practice is the key, so I am practicing now May attach train picture here if I find one...

This board is fun to read, a lot of different kind of information can be obtained here, plenty of very interesting topics, often not closely related to Bitcoin - analytics, retrospective views, news, opinions, old news which you never were aware about at the time, lots of other stuff.
At the very least, this thread is good to read to improve English skills, which suffer a lot while reading some other topics of this same forum  

Indeed I started to read this board to get price predictions, but then realized the predictions are the least interesting (and the least reliable too!!) part of discussions here . The rest is much more valuable.

Keep this up, guys!

P.S. And McAffee is indeed a random guy, btw. Doesn't seem trustworthy to me, honestly.

As far as you said AMA, I am really curious of your MBTI personality type. Are you INTJ or INTP (my guess)? Or something else? Is just for my curiousity, you seem to be quite an interesting person.

Nice to see a fellow INTJ here, and glad to see my guess was pretty correct... Woman INTJ is a really rare beast, frankly speaking, I have never seen even a single one in person during my whole life...

Ignoring ones health in favour of an interesting (or important) stuff is another "trademark" of INTJ, unfortunately. I've also got a chronic pain, due to the same behaviour - sinking into the sea of information and forgetting to sleep/eat/drink. Its not actually due to Bitcoin trading, but rather due to being overly analytical "info-holic". Sometimes I think computers are as dangerous for our type of people, as casinos for game addicts, and spirits for alcoholics.

Yup, there is always somebody like that
This time its me  

As there are so many professional traders here (who apparently understand much more than me), and as far as there was a talk regarding the similarity of current bubble to 2013-2014 one, I would like to ask if anyone thinks this my assumption from one month ago makes any sense:


When I posted this about one month ago, we were out of 6K lows, but didn't reach the 12K top yet. I was actually surprised to see it was quite precise. Does anyone think such scenario (especially the time schedule) sounds realistic?

BTW, if this analogy/prediction is correct, we will witness a big sell-off very soon - starting maybe in about 5-15 days - first to about 7.2K, then to under 5.4K one-two weeks later, before having a temporary bounce to almost the current levels . I'm not happy to tell that, but well, if it indeed follows the old graph, things will be good longterm, and thats the most important.

P.S.Excuse my English, once again

Heh, just noticed "Gopro" sounds almost exactly like "copro"...  
After reading your post I wonder if its just a coincidence??

Amazing to see the diversity of topics inspired by crypto, and specially by the current market movements...  

Yep, quite distinctive pattern. It seems to be happening in this year's bear market mostly, I didn't notice it showing before.



If this is normal market behavior caused by bigger buys and sells, then this same behavior should be seen on other markets like stock markets or forex, right? Are there similar patterns visible? I am just asking genuine question, as I did not examine other assets' markets...

This is what worries me (apart of lack of humor or differences in humor perception): redditers are still bullish, very bullish.. too bullish. And not only redditers, but here in BCT too - no despair traces are visible en masse. No despair - no trend reversal, and I wonder how long this market can drop until people finally panic. I understand it is hard to shake out old Bitcoiners, but the new entrants should have already started to capitulate. But nope - even those who think Bitcoin will drop further, are setting 3K target, and expect moon then (in ~2 years). This particularly should mean the 3K bottom is to never happen - as too much people expect it. Bitcoin should either bounce noticeably higher or noticeably lower. Given the absence of despair now, I start to think it could go lower... which is highly undesirable scenario as I see it, as it will punch through weekly MA200 then, and also its will be disaster for miners and many crypto businesses.

But I am not really social media aware guy, and I may easily miss something. So... a question: did anyone see traces of mass panic in social media, enough to call it a mass sentiment..?

P.S. Please don't call me FUDder. Yes, I am not a bull now, and I miss TERA2 here, but I am just expressing my own concern, and will be genuinely interested in what people here think of this.

Mass panic selloff - despair - indifference - the time of low interest by general public, and active work by the core supporters -- then natural growth from inside, caused by the persistent work of real value creators, such as developers, adopters and promoters.
I believe before BTC can grow again, there should be new achievements to show, and more healthy community caring about fundamentals, not just price.
This is how I see normal way of resolving the consequences of the latest bubble.

I wonder how do you see the possible path? Do you really think BTC is ready for another rally in this situation now? Or you think it can go sideways long enough so new development matures and adoption kicks in?

I feel your sarcasm
Good point though. So if lot of people are saying that, is it necessarily false?  

Tera admittedly had an INTJ personality, which means she would express neither definite female, nor definite male behavior. Well, closer to male, regardless of actual sex. INTJs are analysts with contrarian approach to everything.

I didn't read all of her older posts, but what I have seen during last half-a-hear, was not subjectively bullish or bearish - just an objective analysis based on reality, without any bias.

I really miss her here, as she was one of the most interesting posters (to me at least), with fresh and independent approach to things. Without a contrarian its too easy for a group/thread to be deluded.
If she reads this (which I strongly doubt) I would ask to come back (if that doesn't make her health issues worse, of course).

Well, probably I was not expressing myself well enough - my English is still far from being good and definitely cannot be compared to yours.
When I told "with contrarian approach to everything", I meant more of an "independent and original approach to everything". Being independent thinker and picky/critical at the same time, very often means to become contrarian, and so stand against the crowd. Many people hate them. Contrarians add new viewpoint to discussion, sometimes just to play, but often to help, as group will be able to see things from multiple viewpoints and get better understanding of the complex topic. However this could be annoying to some people, especially those who prefer "being right" to "being more informed" - so called "soldier"-type of person.

And, truly saying, I do not see any connection between being contrarian and "stirring of shit". If you are discussing/investigating shit, then yes, it would be useful to stir it, so you feel the smell better and so get better feel of the subject heh.. But if you are discussing another (non-shit) topic, contrarian often provides arguments and new information (including facts and logical conclusions) to defend his/her views. This is how I see Tera and her input. She was nothing like a troll. More of like a highly intelligent and educated person (woman), who was often bashed for having different opinion.

Whatever. People are different, have different values and appreciate different things. I for one, prefer new ideas, information and discussion to food pictures and and memes. But I understand others have different preferences. That's normal

Note the actual BTC and USD prices on the tag . I don't know when the picture was taken, but if it was this year, then well... with this kind of conversion rate the seller has nothing to lose!

From another hand, lets put it this way - it is crazy to actually post prices in USD, with USD price changing a lot and likely to change a lot, relative to real value in BTC.

So... ok... how many? Do you know the number, and where did you get it from?
I really doubt there is any considerable number of such people now, as there were so many temptations to sell them in the way to $100, $1000, $10000 and so on.

No, seriously, this is an interesting question: does anyone here know somebody who got their bitcoins under $10 and still holds them?
Or may be better way to ask the same - do you know anybody who spent less than $10 per Bitcoin they own currently?
There are many oldtimers in this thread, so I assume this is a one of the best places to ask this question.

Well, you still paid for your bitcoins - in USD, via electricity bills...
And yeah - free heat in the wintertime is good, but all the heat during hot summertime isn't fun... with all the efforts/spending for cooling them.

Do you want to tell you still keep the bitcoins you mined for few cents, and your average price per Bitcoin is less than $10?
An important note: take into account the amount of time you spent to get your bitcoins, which include mining setup/maintenance, trading time, reading news from all the different sources, participation in forums (heh ) and so on... Time is money... actually - much more than money... ehh. If I don't count all that "labor costs", my average cost per BTC is really low, but when I take that into account, I feel like I have worked hard / spent a lot to get them...