On top of buying drinks for the entire thread, I'll suck your dick if we see $8,000 USD/BTC this year.

You can quote me on that.

... fucking newbies tarding up our beautiful thread ...

Sheeit.

It seems like literally everything is a disorder or a symptom of one these days. And the (multiple choice) questionnaires are highly ambiguous with answers that could be taken in any direction on a whim.

He only has .25 BTC. Poor bastard.

http://time.com/money/5173291/how-much-bitcoin-does-elon-musk-bitcoin-own/

Is there any phone wallet that supports Tether?

Tether is an BTC-token (via omni platform). You can store tether on a btc-address. So you can use any hardware wallet (trezor or ledger). The problem is those devices won't see usdt tokens. You can store it, but if you want to sent it you should reveal the private keys (or seed phrase) to the omni wallet.

Freewallet is a known scam in the Monero community.  I'm assuming there is only one...

One might assume as much...  I'm not going to test it.

/r/monero sidebar:


Some further reading if you care to delve into the particulars:

https://www.reddit.com/r/monero/wiki/avoid

The more I look at this the less I like it...that last wave just dosent make sense..the spacing at the February dip is incorrect. It really lends some more credence to what I have been seeing, that dip changed the trend line. Seems like we are headed back to the 11.5k battlefield. #btfd



-edit-

Everyone seems to prefer this chart. 

A late good morning Bitcoinland. Just got home.

Seems we're still going sideways... currently $11307USD/$14577CAD (Bitcoinaverage).

It's been almost a week since we've seen 4 digits. Are we finally over $10k for good?

Is this the assault on the neckline of the right shoulder on the iH&S everyone has been watching?

-edit- BTW, sorry to interrupt the gun talk... lol-

No need to get excited unless it breaks above $12k

Damn skippy, cracked $11,600!

A smart guy buys property which has utility worth and hopefully far smaller percentage costs.

Well sheeit. Looks like I'm gonna have to make me some popcorn.

Things are starting to look interesting.

Slow your fucking roll. Can't rush these things. They just have to happen on their own, man.

Give it a bit more time, k ? 

LOL Mac? As in Apple Macintosh? The guy's obviously a clueless luddite.

Perhaps he should stick to writing. Maybe there's a tabloid hiring somewhere.

 

The fact that bitcoin is sound money trumps everything; adoption, payment networks, umwelts, all these buzzwords newcomers bandy.
This shit is real money and it will absorb all the capital there is, with or without us.

Speaking of capitulation, I'm CONSIDERING starting to contemplate selling a batch - if I can - between $7.5-$8k before end of March just to get the tax monkey off my back. Sent an email to my accountant asking what the penalty is on $xM deferred from Q1 to Q2.

Seriously.

Sheeeit.

No proud to admit this.

Also, I've come to recognize everyone doing trade analysis of Bitcoin is full of shit.
EVERYONE.

... the trend is now down, and there will not be a new all time high for a couple of years or more.

This is a repeat of early 2014, the patterns are easy to see. The variation now is that the alts have a larger share of total market capitalisation. Capital will flow back to BTC, but it will not reverse the trend overall.

2 year view, BTC will fall 65% from the peak, alts will fall 70-90%  (with many going to zero ultimately)

. ... and you are not ready to sell yet, but would be more ready at say $2500.

The key thing now (and it will prove impossible for most people) is to accept that whatever you hold will decline in $ price by another 75% (making 90% decline in total), and that will take place in a grinding downwards pattern, including long counter-trend rallies, spread over ~2 years.

...thanks, I've been watching a similar but cruder indicator, it's basically the old days "mine or buy?" indicator.

So far it's been good for medium to long term entry points on the secular bitcoin bull. It's really just a manifestation of the bitcoin mining cost-of-production price providing a floor to bitcoin market price and getting in at cost-of-production, i.e. the mining price ... miner's who have contracts to supply will buy at the market if market price drops below their mining costs, that's basic economics of doing business in a cut-throat industry.

A recent report by Fundstrat’s Tom Lee notes that Bitcoin (BTC) mining earnings are currently almost breaking even, as the activity has temporarily become less profitable the midst of the current decline in the markets, CNBC reported yesterday, March 15.

Lee notes in the report that the current figure for the cost of mining one bitcoin is $8,038, while BTC is trading at around $8,221 by press time, down a quarter of a percent over a 24 hour period, according to data from CoinMarketCap.

The model Fundstrat used for calculating the cost of mining one BTC includes the cost of equipment, overhead such as sustaining cooling apparatuses, and the cost of electricity, assumed to be 6 cents per kilowatt. The head of quantitative data science at Fundstrat, Sam Doctor, said that the cost of replacing equipment takes up more than half of the overall cost of mining.

At current difficulty, mining 1 BTC costs around $3000-$4000 depending on electricity costs - not including capital outlay.

The model Fundstrat used for calculating the cost of mining one BTC includes the cost of equipment, overhead such as sustaining cooling apparatuses, and the cost of electricity, assumed to be 6 cents per kilowatt. The head of quantitative data science at Fundstrat, Sam Doctor, said that the cost of replacing equipment takes up more than half of the overall cost of mining.

What is this "FSB news" that you speak of?

The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies like bitcoin.

Again...they cost $4000 to mine and they can't make money selling them for $8000?

which the fuck is it?

Did anybody actually read Jimbos post ?

Jimbo, i apologise in behalf of all these money orientated people here, they have nothing other than money in their brain.
You heartless bunch.

$946k per btc in about a year? if that comes true I will buy a lambo for everyone that merits this post.

Do not beg for merit excessively.

Looks fair to me. I'll take white, please.

But... but... what about aesthetics? That thing is one of the ugliest cars ever. A Lambo should be pretty. And sporty. Not like that ridiculous fat box on wheels. SCAM! SCAM! I WANT MY MERIT BACK! :_(

whatever. eye of the beholder stuff. they're too brutalist and angular for me. Astons, Ferraris, Maseratis are mostly beautiful and quite fast. Lambos, Mclarens, new Bugattis are functional-looking and very fast...

22 lambos so far. the "cheapest" ones start selling for about €160k. That makes €3.5 mil.  

The Theymos estimate was "couldn't be stable at more than like $5k max" I think he said.

I've been feeling that the price jump has been built on FOMO speculation for a while now. I think that the real, solid base is around $6k (roughly following the longer-term linear trend), but I expect speculators to stabilize it if it reaches $10k, at the very least, and then those prices might or might not stabilize.

So IMO $6k and below is "solid", $6k-$10k is semi-solid, and everything above $10k is a house of cards. No idea what'll actually happen in the next few days, though; it's pure speculative madness. In the next hour, I wouldn't be surprised to see a drop to $10k or an increase to $16k.

Notlambchop is too ashamed to ever show her face again.   She wasted two years of her life and had opportunities like few other.  

Nice pump.

Should I now sell everything before the inevidible dump ?

Watch out, George Soros prepares to trade Cryptocurrencies.

https://www.bloomberg.com/news/articles/2018-04-06/george-soros-prepares-to-trade-cryptocurrencies-as-prices-plunge?utm_source=twitter&utm_content=crypto&utm_medium=social&utm_campaign=socialflow-organic

Traveling is a bitch to keep up on WO!  The last couple pages give me no context.  Condensed week, ppplease!  

I know none of you give 2 fucks about it. But i'm fucking done with trading. This market is totally irrational just like in 2015 and i'm done wasting money trading it. ...I've lost too much to these fucking greed driven animals of the bitcoin world.... Going back to HODLing.

If I meet a bitcoin trader on the street. I'll rip his scrawny little yappin jaw off.

In Thailand people kept trying to sell drugs to me. I don't do drugs so there was no temptation, but even if I did I would stay the fuck away from that knowing how seriously local authorities take it. Never be underinformed, about anything.

You don't buy pot which is ground, it has to be a nice looking "cone" and have the right smell, everyone who has even a bit experience would tell the difference. Spice is always ground to dust so it could be mixed with anything. They even add some kind of varnish to make it weigh more and become more addictive.

well if we can't talk about the moon can we at least post jet train pics?

..... am I the only one that is not addicted to posting rocket pics the moment we have a blip.

My personal attempts at attempting to clone and modify code to create a shitcoin has given me a somewhat better understanding and appreciation of how Bitcoin works. Unfortunately, my attempts have been unsuccessful, since I really need a step by step guide to code "Hello,world." Probably much better for the community that I never succeeded.  

Personally, I am not dissing alts; however, I am dissing folks who try to act as if their alt (or the group of alts) is keeping bitcoin going.

Vertcoin is the new bitcoin!! Where this gone end?

https://futurism.com/luxembourg-establishes-e220-million-fund-for-space-mining/


Deep Space Industries and Planetary Resources are two of the named companies that will receive capital for exploration of space mining. The fund will be used to finance asteroid survey missions that will be launched within three years. Luxembourg will also invest in research and development for technologies needed to identify, extract, and process minerals, water, and other valuable space-based commodities.

Of course I did, and sometimes still do. But, you see, I prefer accumulation over short term fiat profits.

I know none of you give 2 fucks about it. But i'm fucking done with trading. This market is totally irrational just like in 2015 and i'm done wasting money trading it. ...I've lost too much to these fucking greed driven animals of the bitcoin world.... Going back to HODLing.

If I meet a bitcoin trader on the street. I'll rip his scrawny little yappin jaw off.

Stop quoting fake news.  They aren't mining jack shit in space for a loooong time if ever because the cost of production would be enormous.  Your quote doesn't even pass an elementary common sense test when they talk about "mining water" in space.  We are not hard up enough for water where we need to spend $100,000 per gallon to mine it in space.  

Even if some company like this is actually created, it's just like one of those shale oil companies they have people can invest in but will never ever turn a profit.  Even if gold was revalued to $20,000 and silver to $1000 tomorrow, it would probably still not be doable or profitable.  They would also mine somewhere like the ocean floor or Antarctica long before doing something like this.

UC Berkeley assistant professor of economics Gabriel Zucman... said Luxembourg's strategy of creating laws and making room for asteroid mining companies "is what being an offshore financial center means. It's not diversification. It's just extending the logic of being a tax haven to a new area."

In other words, Luxembourg isn't necessarily jumping into modern technology with its support of space mining — it's just pushing into a new industry to extend the laws of a terrestrial tax haven, safeguarded by a sovereign nation, to the land of E.T.

It's in Japan. At least there are no forks.


 

Ok.... can we at least agree that there is no spoon?

Where did you get the inside scoop?

Apparently, the list of exchanges sold could increase: https://theicojournal.com/source-coinbase-is-in-initial-stages-of-sale-talks-with-several-big-banks/

Video game company Nexon Korea has denied that they are in talks to acquire the Bitcoin (BTC) exchange Bitstamp, local news outlet The Korean Herald reported yesterday, April 25.

The company’s denial comes after Business Insider wrote yesterday about a possible deal rumoured between Nexon Korea and Bitstamp, where the latter would acquire the former for around $350 mln.

Skid row seems charming enough. Seems like you can just sleep anywhere.

This can be a fun place but it does tend to bring out the scumbags too.