Bitcoins are officially donkdown

[sonatine]

Its not like youre factually wrong, I just think your analysis is optimistic.

[BCR]

$903, it seems this forking/mining thing, though I don't understand it, appears to be causing some real trepidation according to bitcointalk chatter

[DonaldTrumpsHairPiece]

spinning wheel

[snake_in_the_ass]

Micon tweeting a lot about bitcoins past few days. Seems like he is getting nervous about this selloff.

[Sanlmar]

Try to imagine a number where recent buyers throw in the towel. A price that looks like a value again and the the sellers are gone.

Maybe the low of about Jan 11 $750. Anyone who bought above that can't stand the pain any more and capitulate.

If you see the other alts rollover then all bets are off. This would be Snakes observation and it's a good one.

Imagine a man like Druff. Micon and hope done him in.

Who knows? Great story.


Edit
745 offered @ 934.82 on Bitstamp. $700,000 worth someone wants to dump Sloppy trading but BTC, ya know. Not the brightest

[Sanlmar]

Used Mobi for a wallet today. Chinese BTCC

Saw stuff I never saw before. 68 confirmations. I thought there were only 6 max. I used to have access to funds after 2 or 3 confirmations.

I saw partial releases to my wallet. $10 here, $50 there. Huh? Obv taking forever.

This is fucked up. I am dying. This prolly is a crime in progress

[Sanlmar]

Lol. Inscrutable orientals

Why does this location look familiar Sonatine? This has come up before

[ftpjesus]

Lol. Inscrutable orientals

Why does this location look familiar Sonatine? This has come up before

Been quiet in this thread for a couple days for those who haven't heard the fork war of 2017 appears to be underway. After the biggest miner of BTC announced they were mining BTU it was expected number 2 would follow which would've forced the issue as the two combined control 51% of the mining. This didn't happen as number two is apparently antiBTU at this point. Saying no fork will happen however it's a bit hypocritical when at the same time they are pushing for the soft fork with a protocol change to BTC. Also for those who didn't hear there is a serious problem with BTU now that needs to be addressed in that two exploits have been uncovered which caused a lot of concerns for potential adopters.

Where does this leave things. About nowhere at this point. The push for the fork exists but the exploit issues with BTU call security into question. And the side issue of a soft fork would require 95% cooperation to implement and that doesn't seem to be any closer to happening. So we wait and see still as BTC sits back over 1k again.

[DonaldTrumpsHairPiece]

Personally as of tonight I have now dumped most all my BTC with the exception of a small amount.

Why?

Odds are still long but BTU now has approached 51% and a real attempt to fork could take place.

Basically holding serves NO purpose at this time, prices will drop buy back in or if no split buy back in. Holding right now is risky and serves little upside.

jmo

[ftpjesus]

Interesting news in Bitcoin land.. A compromise maybe in the works to diffuse and as one put it kill the rebellion to create BTU.. A compromise to increase blocksize to 2MB along with an integration of SegWit which was the discussion for the softfork is being discussed which might lead to some sort of agreement of a hardfork/Softfork combination in that the hardfork would be the increase in blocksize to 2MB with the Segwit which has been viewed as the softfork that was being pushed by many to begin with.. The interesting point brought up is whats the point of implementing the hardfork 2MB block issue when Segwit would in fact cause a block size increase anyway.. The concern of many like Druff mentioned on radio before last is that many DO NOT want to see a repeat of the shit storm that occurred when Ethereum underwent its split which caused ultimately ETC to fail to really take off substantially (last trading still in the $2 range while ETH remains in upper $40s to around $50 each). The only for sure is something is going to happen either through another cryptocurrency blowup ala ETH or some consensus will finally prevail to avoid what could be a bloody mess for many involved financially if it gets contentious and causes a ton of uncertainty in the market

PS.. Despite the date this is no April Fools joke

http://www.livebitcoinnews.com/segwi...increase-date/

read the story on another site earlier was just easier to find this story now to give some further credence to the story.

[DonaldTrumpsHairPiece]

All true, something, sometime has to give/change.

I just see little upside to having all eggs in one basket atm.

[DonaldTrumpsHairPiece]

Great example, knowing when to jump out is the next great answer

[Sanlmar]

FTP, instead of learning and sharing Segwit why don't you bone up on your Chinese?


莱特币



哈哈哈



Chinese kids apparently don't do the "lol" thing. "233" is now frequently used within young people. and more "3"s there is, more laughing there will be like 23333333

7 day LTC chart


23333333333333333333333333333333

Speaking of 3's...... Bitcoin is recently down 3 billion in market cap & LTC is up 3b

This is all the junk getting bid up at a market top by the Chinese (Snakeintheass theorem)

[ftpjesus]

Along that same note though which is really odd and I just noticed it when I did my monthly cash out of bytecoin I mined.. holyhell the price of BCN has more then doubled.. I was used to the fixed 4-5 satoshi range all of a sudden it was at 11 last night meaning I got twice what I was expecting (usually get enough to pay for trip to the movies or something for the wife and I, had been mining XMR but Moneros been doing weird shit lately and my ZCash miner broke awhile back).

[Mintjewlips]

UH OH

[sonatine]

http://www.reuters.com/article/us-ne...-idUSKBN17705U


interesting. i guess when you're facing decades behind bars, why not sweeten the pot on your way there.

[GringoStar]

Just a heads up that Bitcoin hit it's all-time high today.

Quietly not donktown.

[Sanlmar]

Just a heads up that Bitcoin hit it's all-time high today.

Quietly not donktown.

You don't get "consent by silence". Sonatine must be tied up

First, it hasn't surpassed previous ATH. But yeah, it's a tenacious animal and flirting with territory that threatens the narrative.

But let's stay grounded in reality. Volumes are anemic. Many traders can't exit or withdraw (Bitfinix, Huobi). Less selling pressure. It's utility as currency is weaker than ever (record transaction fees)

Every fresh round of news - good, bad or indifferent - SEC approval, government approval (Japan/Russia), forking... just puts this speculative Ponzi scheme on more opportunist's radar. More buying.

Is Bitcoin itself garnering more fundamental credibility? Look at frigging Litecoin explode. Ethereum 4x since January. Frigging Pepe coin. Really? Casinos offer multiple pit games too.

I will concede this bubble has exceeded my expectations. I should know by now the "wronger longer" theorem of trading as well as anyone. I wake up every day and look at AMZN, TSLA, etc and know what I'm looking at and help myself to a piece regardless. These too will have their day of reckoning.

I get that you have contacts with blockchain developers and that's interesting. But great bricks make nice houses not currencies.

Count me a Gringo fan. I want to help you any way I can. I have proven that by taking time to write this.

[sonatine]

sorry i was preoccupied with how donkdown bitcoins are.

a corpse will dance a jig if you put enough electricity through it but its still a dead body.

[DJ_Chaps]

Jesus Christ. Can someone plz link me to Sonatines last good call?

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