I love 4 digits.
Gentleman
i loved 3 digits a lot more because in my five year plan i could have bought a lot more as long as it stayed 3 digits but we all make sacrifices.
The slower the price goes up now, the more the price will go up in the future.
You guys will be in for a ride
I prefer slow & steady, less chance of those crippling dumps then.
Regardless I'm ready to go.
[i m g]https://media3.giphy.com/media/pdtaN3WCeipkQ/200w_s.gif[/img]
as long as manipulators exist in the world dumps will exist too, the size of the dump will shrink though, as the number of panic sellers shrink since they are the ones who snow-ball the dump to the ground not the real initial dump.
You forget the chinese withdrawals that start tomorrow. When the chinese people see that the price is dropping they always panic and sell. So this means that wee can expect a drop tommorrow, and when ETF is not approved, what is likely to happen, will cause in an another drop. We are going to test 950 usd
And on top of that all this BU llshit makes me all bullish. You know, "Buy when there is FUD in the streets". Not to fast, nor to slow. It's picking up Bitcoins at a bargain time. Later living that "Bitcoin summer" when the harvest for the brave comes in.
Exactly. The FUD and the price going down is a good signal we may see a significant price rise soon (and the ETF being approved). This market is totally manipulated by whales. Apparently they want cheap coins.
If we were still going up right now I'd be bearish.
that's right.
i am actually starting to like
news FUD like this because it always means a big dip and in these dips everyone gets a lot of money to buy even more bitcoin and make the next accumulation like a piece of cake leading to an even bigger price rise.
if ETF is approved i'll see you at above $1500
It would cost them if some bigger whale came and ate their order whole, before taking the price considerably higher. But I suspect a lot of times these market makers have some sort of inside information from the exchanges wrt potential heavy buyers.
very interesting about the walls. i am no expert but i usually see these types of walls be placed deep (under other orders). so if this is true that these walls are placed as "a mental barrier" then that explains it, you can easily use a bot to watch the market and cancel the order and place it deeper if you see some movement.(?)
Ethereum's market cap is rising so fast that if Bitcoin's price does not increase soon, Ethereum will be number 1 in Market Cap. That will be a sad day for Bitcoin.
Bitcoin deserve that. Slow, pricy, china centered. I used to like Btc, but not anymore. I make transaction with HYPER inflated fees and wait 10 years for confirmation to go through... F* it...
haha, so go have fun with your super duper cheap ethereum transaction which is not at all costing nearly $1 to make a transaction these days. and good luck with the next time when some other sleazy genius exploited the platform and caused another "roll back".
@talkbitcoin
don't get me wrong. Ethereum has a long way to go to build anything close to the trust bitcoin has gained.
I am in it for the long haul and no I have not gotten rich, yet. I think Vitalik is probably in more trouble/minute
than he bargained for and I would not for the life of me want to be in his shoes.
Satoshi was smart not to give his identity away. Vitalik ... well, time will tell.
And it isn't that Bitcoin didn't have its shares of mishaps and major scams.
For example: I do not shed a tear for the GLBSE (Global Bitcoin Stock Exchange) and all its mining contracts.
I view the token sales as nothing more than GLBSE all over again and hope that it will end better this time.
I still chuckle from time to time at what people went through with Butterflylabs or Mt. Gox.
You remember the time when the coins from the Deep Web Drug market Silk Road where suddenly
up for auction and the price had to deal with the sudden availability of more Bitcoins?
I still cry for the sudden disappearance of ASICMINERs Friedcat cause it did loose me a true fortune!
Do you remember Bitcoincourt? A shame it never manifested, we would still need it.
edit: spelling
a couple of third party services working with bitcoin that either got hacked or scammed their users and ran away doesn't mean "bitcoin had mishaps". it means people trusted scumbags and scumbags do what scumbags do best!
DAO exploit or the most recent one when that Canadian exchange lost $14 million are called weakness in ethereum protocol and apparently it hapens to be easily exploitable. the fact that it does not happen more often is because people are already giving their money to the scumbags in form of ICOs, and when people are handing their money to you, you don't put on ski masks and rub them with machine guns, that is for when they stop giving you their money freely.