BITCOIN currently airing on both Bloomberg AND bloomberg West

http://www.bloomberg.com/live/europe

LONG 

230>270 - 270>230 repeat again and again 

http://www.bloomberg.com/news/videos/2015-07-08/three-things-that-are-moving-today-s-markets

 

Was wondering the same - Bloomberg thought it important enough to put up an article with only the headline "NYSE suspends trading in all securities" and no text besides "story developing..."

http://www.bloomberg.com/news/articles/2015-07-08/nyse-suspends-trading-in-all-securities

Man, the global economic meltdown is happening too suddenly. I wasn't ready yet. Also.... what's taking so long for everyone to go all in bitcoin?

There will be big money behind selling the fact that the economy is in the pooper in 2016 portraying Obama as the one at fault. Both sides will be pushing that storyline to get their guy in front. This is never good for the stock market. Look at what happened in 2008 running up to the elections.

Not saying it isn't true, but instead of selling people toothpaste and potato chips on TV they will be selling a bad economy.

I transferred a few bits and bobs around a couple of days ago. Can't say I noticed any delays and didn't adjust any fees. Maybe Satoshi is smiling down upon me.

I don't think crypto is even close to taking center stage. Not enough people know of bitcoin, not enough people understand bitcoin, and we won't see widespread adoption until we've solved a few issues. How many users does the entirety of cryptocurrency have? Do we even go into the million? I think bitcoin is going to be widely recognized by 2020, widely used and understood by 2030.

yeah we should touch it anyway

no my wallet is safe.. most of my coins are in cold storage. that a cashless society is not freedom is one of my arguments. i have a couple other that make the case even stronger. i have been wronged multiple times and it is going to cause me to turn and argue against this technology. i am like everyone else here doing the same thing you all are doing, except i am being wronged.  i always say friends is better than enemies, but if your going to wrong me for no reasons then i am going to turn against this technology because of it...

I personally wouldn't be advising family members to invest in BTC. It's a massively risky investment & just because I believe in it doesn't mean I'd be willing to risk the wrath of family or friends by telling them to invest.
BTC could go either way, I wouldn't want anybody elses financial status riding on advice given by me.
Too much pressure.

stamp is the most important exchange. they have to cross 300.

Without me reading back through the thread..


Why is this happening? Who's buying? I haven't seen this for a while.

This is a great Sunday!!

Any Greek deal is just a postponement. Greece is bankrupt.

November 1st 2012 - 28 days before BTC halving.



BTC and LTC now 44 Days to ltc halving.



Knowing what you know... Will history repeat itself?

"It's Not Possible To Reach A Deal Today" - EU Summit Canceled As Leaders Scramble To Keep The Dr€am Alive

http://www.zerohedge.com/news/2015-07-12/its-not-possible-reach-deal-today-eu-summit-canceled-european-leader-scramble-keep-d

article's conclusion:

July 12 2012 3 Years ago today.

He commented on it in the past and seemed very sanguine about it. Who knows, maybe all the stuff that subsequently panned out wouldn't have happened without it. It was a pivotal moment in its own way.

Fill your boots

https://bitcointalk.org/index.php?topic=137.0

And do a JPG search?

 

Unlocked of course... otherwise you would spend hours trying to recover.

Could you imagine...
BUT....now lets say you did find a wallet, locked of course, with say.... 13K coins in it, would you notify the owner? Would you then demand a "cut"?

Intrinsic value, patiently and tirelessly explained again, this time with new words:

Intrinsic value: Think of something that you have, but can not sell, lend, give away, or trade in any form. The value that the thing has, if any, is the intrinsic value.

In the market, it can be sold or exchanged some way, for something that is slightly less valuable to the other trader. This is the total value.

The money value, or speculative value, is the difference between the two. So you have value = intrinsic value + money value.

Most consumable things have only intrinsic value, other things you have in your posession because you know they also could be traded for a higher value than your own use value. This include houses, vintage cars, wine, old paintings, and sometimes smaller things that you know others will value in the future. For example, if you join a group to quit smoking, in the form of a hike to kilimanjaro, it could be smart to fill up unused space in your backpack with cigarettes and sell them for an exorbitant price.

What we call money, have mostly only the speculative value. Gold has is a little of both, but mostly money value. Bitcoin and fiat paper rectangles have almost exclusively speculative value. I call it pure money.

Da faq happened to the price? I go to sleep and then to work only to see a massive sell off in a few short hours this morning???!

I like a good roller coaster as much as the next guy but the market movements as of late more closely resemble one of these tower drop rides. This seemingly dogmatic trading method of perpetually forcing free fall down followed by forcing immediate vertical up is fuckin brutal and renders bitcoin almost useless as a stable store of value or currency, and mostly only functional and useful as a speculative financial tool with minimal secondary use as a criminal payment option and cheap but risky remittance alternative. I believe that the severe volatility is what is primarily responsible for discouraging wider adoption and significantly greater prices, and it's a bizarre sort of catch 22, volatility allows traders to extract $ (and/or increase total bitcoin holdings) but volatility prevents new user adoption and greater prices resulting from new money entering. I get that the traders don't give a shit about bitcoin whatsoever and just want to fuck the market for as much gains as they can, but damn, if you all only trade it in a fashion of creating as many and as severe of fuck you spikes up and down as possible, the ride stops being fun and just results in lots of puke with most people wanting off the ride and nobody standing in line.

I dont believe that china goes full retard like they did at the peak.
resistance is too strong. bear market is over. we can continue with the healthy growth now.  

there are several reasons... just some points:
We have seen massive investments in new startups during the last year.
big companies start to find out the benefits of blockchain technology.
first etn is ready.
media attention is back.

we have all waited for this to happend.

Bitcoin's value is in that it can be so easily manipulated to make it look like exactly what you're speculating it to look like. Yep economic turmoil.. Let's make btc behave like that, then bam profit. Bitcoin is whatever the popular discourse is at the time because that's how the market is moved.

It will keep being this until it is too expensive to manipulate. Or as others have suggested, just gets milked until all the players leave the grounds.

I think the halving and the ETF could build the "perfect storm". At the moment there is no safe and comfortable way to buy and sell Bitcoin via Wallstreet so it will definitely bring some extra cash. Given how tiny the BTC-marketcap is compared to the financial markets, BTC needs to "convince" only a very small fraction of Wallstreet to go vertical. Just 0.001% would be enough.

The halving will spur a lot of buzz and with the ETF as an easy way to participate in such a situation next spring could go crazy imo.

But lets wait and see how it unfolds.

Dump on finex hit 13k.




Edit: 15k, lets hope there are some longs getting closed in there.

Central Park '81, epic!

We now have four red candles in a row on the weekly chart. That hasn't happened since the crash last winter.

interestingly, we're still down less than 50% for the last twelve months which means we're STILL out performing WTI crude. Is oil dead?

Slip slid'n away.... heading back to 228-230 again?  

Leave for a few hours and come back and its dropped another 5 bucks...

I'm not one to give advice on this subject, but, since you asked...

It's never a bad idea to get black out drunk! In fact, you should consider this a grand opportunity!

Just make sure you don't get really drink and sell all your bitcoins..  

Our who knows? Maybe if it's causing you mental anguish then you just might be over-invested... 20 years salary sounds a bit steep, even to me, and I've got my entire life savings in crypto (though before crypto I didn't have any life savings, so there's that.

Sorry, rambling, if you're not gonna get rip roaring drunk, ima do it for you!

Probably not, but coinbase exchange just went from ~231 to ~238 within a matter of minutes

That's nothing lol

If it jumps up higher (say $250) that would be bullish for me. Until then though, this looks like a short lived rise and real dumping has yet to begin. Not enough volume on this crash to really call it a definitive bottom.

Articles crying the end of bitcoin due to the XT situation? The general public probably gets very scared when they hear things like fork  

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

1/ there is on need mainstream adoption to all get what we want here: that is moon.
2/ mainstream adoption of bitcoin by sheeples is highly unlikely anyway, they might use some top layer of it or cheap altcoins.
3/ bitcoin is no pocket money, it is a secured (by decentralized miners) safe haven from them FED/USG/Banks mafia.

Bitcoin is a privilege that you'll have to pay for eventually.
else just go altcoin with max blocksize and fast transaction.

it will never be the time for xt bs.

we need to have a core that is as 'unalienable' and 'unforkable' as possible in order to drive its price up.

not like all the current financial system, we dont want to 'QE' its blocksize or even its cap for instance. this is bad and will not drive its price up.

Bitcoin is set in stone, with small improvement that are thoroughly and minutiously investigated upstream by qualified devs.

there is no rush, there have to be a 95% consensus at least and for any major change.

bear in mind that bitcoin is no visa/mastercard/etc, it is not paypal, and this is not a race to upgrade a la Microsoft or Apple.

at some point, when/if there is a quantified demand for it, be sure 2nd layer innovations such as lightening etc will be implemented to relief bitcoin's core.

but do not touch it's very heart, that has to stay as pure and clean from all the noise large adoption would ineluctably bring.

just leave the mainstream propaganda for developing altcoins and other fake dreams.

DOOOOOOOOOOOOOOOOM

Does anyone have the slightest clue who this coinwallet.eu joint is and whether they have any actual customers? It seems its sole purpose is to push people into the arms of XT.

"Let’s merge BIP101 into core" --

https://www.bridge21inc.com/blog/argument-for-merging-bip101-into-core/

Thanks.

What are people's estimations on this? Expect it to continue to rise slowly or taper off at some point until some major happens?

There's this one too - https://getaddr.bitnodes.io/nodes/?q=/Bitcoin%20XT:0.11.0/

13.82% and the numbers of XT nodes has slightly fallen. It was over 900 for a bit.

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga. Surprised it hasn't happened sooner. Are they the dreaded masquerading XT nodes beginning a false flag attack?

Never a dull moment.

https://getaddr.bitnodes.io/nodes/?page=1&q=/Bitcoin%20XT:0.11.0/

Well, I guess there are some dull moments, but still...

XT now at 3 blocks out of every 1000 blocks

i got a BBBBAAADDD feeling about this

What makes you believe it is one person?  What makes you believe they are using VPS hosting?

Could it not be people waiting till the weekend to have the time to make the switch?

right 2 weeks after its taken 75% of HASHING power not number of nodes

its currently at 0.3% of hashing power ( up 300% from yesterday )

it might be hard for XT to get 75% miners seem to prefer the idea that 1MB limit will soon bring in higher TX fees

from xtnodes.com if you hover over image at top right corner "The light will become green and say YES once 750 of the past 1000 mined blocks (75%) first reach support of BIP 101 (and Bitcoin XT). From that point, 2 additional weeks must pass until the maximum blocksize is raised to 8MB. It must also be Jan 11, 2016 or later to go into effect.

XT are going up, btc price is going down.

1900 bitcoin bought in the last hour per fiatleak so this is something to be happy about. Now, we press forward.

Mike and Gavin are set on pushing their version on us so the only option is two side by side chains ~ if you try to tell me there is lack of mining power to support both i'll laugh so hard ! :-)  ~good times bud

won't happen. printing new business cards just to change core developer to altcoin developer is way to expensive.
core will do 101 after an appropriate cool down phase (weeks) to keep as much face as possible.

You just noticed?

Poor Dorian.



He seemed to enjoy the free lunch though.  

depends on how you look at it... in the usa the cheaper you mine bitcoins at the cheaper is your income taxes u pay on them . i think the cheaper the coins causes difficulty to drop as well . i dont mine coins, i only trade.. i just happen to know a lil bit about it.. lol.

So you have double the coins and complain they corrected it in the best way possible. Greedy much...?

the only time i buy eth on a dip and it's hacked lol

oh well it was peanuts

will btc follow eth is the question, panic is contagious