Topic: Analysis - page 86. (Read 941567 times)

Quote from: conspirosphere.tk on March 27, 2017, 04:36:35 PM

Looks like that if we are very lucky it will go the way of IBM:
http://prnt.sc/ep7ib8

But my guess is that the idiots led by saboteurs will utterly destroy it and it will become just another old failed cryptocoin.

Intersting theory,but crypto is booming Bitcoin is still the biggest by far. It has the biggest community by far, huge mining farms, worldwide attention, investors have discovered it. It has the worldwide press on it, and adoption is still increasing. So Bitcoin will continue to grrow for a while if you ask me. Its the mother of crypto. If bitcoin fails, it is most likely that 80% of the altcoins are going with it.

yes, but
1. the divide and conquer black ops are repeated one after another, each time on a bigger scale /with more resources, and each time a large amount of (l)users fall for them line, hook, and sinker;

2. what's the point of having the best developers if you are vulnerable to cheap psyops?

3. Every day I read of some new KYC/AML regulation regarding bitcoins. The other day Bitstamp submitted to me an insane questionnaire about my coins ("How did you make them?" "Prove it!"). Looks like they may kill it by regulation.

4. Soon or later some actually better cryptocoin will be invented. Storing the whole history of all transactions does not look a so practical or cool thing to me for example, both regarding scalability and privacy.

Hi, Could you give any more references/info about your third point?

What does mean they submitted to a questionnaire? Could you withdraw at the end?

If not, could you at least withdraw your BTC?

Thx

Miz4r

legendary

Activity: 1246

Merit: 1000

Quote from: wpalczynski on March 27, 2017, 06:51:04 PM

Quote from: Miz4r on March 27, 2017, 06:47:48 PM

Only reason ETH and Dash are this big right now is because of BTC fork drama, spooked crypto enthusiasts look for safety in what they perceive as the next best coin and plan to go back to BTC once the drama is over. 90% of people dabble in alts to increase their BTC stash, that's their one and only goal. And it only takes a small percentage of scared Bitcoin fans to inflate certain altcoins to huge bubble proportions. I'm not a Bitcoin maximalist, I'm sure a few altcoins will find their own niche in time, but right now they're simply way overvalued due to the Bitcoin drama.

Im talking about the danger of an alternative gaining more liquidity making it a better alternative for that very reason. We still have a way to go for that to happen but the HF drama does not seem to be getting resolved at all. Looking at coindance stats BU seems to be gaining ground against CORE.

https://coin.dance/blocks

I don't care about the coindance stats, the community has already firmly rejected BU. Look at nodes and Bitfinex BCC/BCU pair to see what the community thinks. Or ask Andreas Antonopoulos, Nick Szabo, and many other experts who are against BU. There is no way miners can fork under these circumstances, it would be incredibly stupid. So they can signal whatever they want, it doesn't matter.

STT

legendary

Activity: 4060

Merit: 1448

Quote from: keystroke on March 27, 2017, 09:28:39 AM

Well, market cap is still above 2013. https://blockchain.info/charts/market-cap?timespan=all

Still this is pretty nasty, and I hate to see money flow into ETH.

Why would you hate this, Im a supporter of all crypto currency. One of these standards has to suceed or we are all subject to just government paper for the future and we know that ends up with the common people being poorer.
Its ETH or it goes back into dollars or some other normalised currency base where that user may never return. Really if you believe in the whole deal behind crypto currency then you should be in favour of healthy competition, if ETH is achieving things then great. If its a bubble or mis-allocation and hype then it'll fall over but this is also how people described bitcoin at first. They saw no purpose, just speculation but Im not so negative on bitcoin as was at first glance and I hope ETH is making progress even if Im not in it.

BTC is stair stepping upto 1050 which should be some kind of marker for its progress. I wasnt sure if it might reset to 850 which is longer term uptrend but the recent low was part of a channel to that trend so Im not sure if its done testing lows, watching Chinese trade might give more of a clue .

wpalczynski

legendary

Activity: 1456

Merit: 1000

Quote from: Miz4r on March 27, 2017, 06:47:48 PM

Only reason ETH and Dash are this big right now is because of BTC fork drama, spooked crypto enthusiasts look for safety in what they perceive as the next best coin and plan to go back to BTC once the drama is over. 90% of people dabble in alts to increase their BTC stash, that's their one and only goal. And it only takes a small percentage of scared Bitcoin fans to inflate certain altcoins to huge bubble proportions. I'm not a Bitcoin maximalist, I'm sure a few altcoins will find their own niche in time, but right now they're simply way overvalued due to the Bitcoin drama.

Im talking about the danger of an alternative gaining more liquidity making it a better alternative for that very reason. We still have a way to go for that to happen but the HF drama does not seem to be getting resolved at all. Looking at coindance stats BU seems to be gaining ground against CORE.

https://coin.dance/blocks

Miz4r

legendary

Activity: 1246

Merit: 1000

Only reason ETH and Dash are this big right now is because of BTC fork drama, spooked crypto enthusiasts look for safety in what they perceive as the next best coin and plan to go back to BTC once the drama is over. 90% of people dabble in alts to increase their BTC stash, that's their one and only goal. And it only takes a small percentage of scared Bitcoin fans to inflate certain altcoins to huge bubble proportions. I'm not a Bitcoin maximalist, I'm sure a few altcoins will find their own niche in time, but right now they're simply way overvalued due to the Bitcoin drama.

wpalczynski

legendary

Activity: 1456

Merit: 1000

Quote from: keystroke on March 27, 2017, 09:28:39 AM

Well, market cap is still above 2013. https://blockchain.info/charts/market-cap?timespan=all

Still this is pretty nasty, and I hate to see money flow into ETH.

Of course the market cap is bigger than in 2013.

In 2013 99% of humanity didn't even know what cryptocurrency was.

Now, cryptocurrency is booming, but bitcoin is almost unaffected by the boom.

It should be leading the boom and thriving from it, but instead, it's barely even noticing it.

I am pretty sure ETH is a bubble.

Ask anyone on the streets of they know what ethereum is and nobody will know. Even if ETH were to pass bitcoin in market cap I suspect bitcoin will still be what comes to most peoples mind when cryptocurrency is mentioned.

If you only start to invest in ETH after this has changed, you'll be left behind.

Once the flippening starts, it will be fast and brutal.

The only thing bitcoin has going for it right now is the brand name and the network effect. It has been riding on that for about 2 years. How long do you think it will be able to last?

Bitcoin has liquidity going for it due to the network effect, once it loses the liquidity advantage to something else its days might be numbered as champ.

ETH is gaining quick and although its not meant to really be used as currency if the liquidity is there no reason for people not to use it.

If these issues dont get resolved soon BTC might go the way of the dodo bird and even if it gets resolved it still brought these ugly issues to the surface illustrating its governance risks.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: keystroke on March 27, 2017, 09:28:39 AM

Well, market cap is still above 2013. https://blockchain.info/charts/market-cap?timespan=all

Still this is pretty nasty, and I hate to see money flow into ETH.

Of course the market cap is bigger than in 2013.

In 2013 99% of humanity didn't even know what cryptocurrency was.

Now, cryptocurrency is booming, but bitcoin is almost unaffected by the boom.

It should be leading the boom and thriving from it, but instead, it's barely even noticing it.

Quote from: conspirosphere.tk on March 27, 2017, 05:04:17 PM

I am pretty sure ETH is a bubble.

Ask anyone on the streets of they know what ethereum is and nobody will know. Even if ETH were to pass bitcoin in market cap I suspect bitcoin will still be what comes to most peoples mind when cryptocurrency is mentioned.

If you only start to invest in ETH after this has changed, you'll be left behind.

Once the flippening starts, it will be fast and brutal.

The only thing bitcoin has going for it right now is the brand name and the network effect. It has been riding on that for about 2 years. How long do you think it will be able to last?

You should be on a forum charting ETH, not in this thread. KTHXBYE.

york780

sr. member

Activity: 392

Merit: 250

Quote from: conspirosphere.tk on March 27, 2017, 04:36:35 PM

Looks like that if we are very lucky it will go the way of IBM:
http://prnt.sc/ep7ib8

But my guess is that the idiots led by saboteurs will utterly destroy it and it will become just another old failed cryptocoin.

Intersting theory,but crypto is booming Bitcoin is still the biggest by far. It has the biggest community by far, huge mining farms, worldwide attention, investors have discovered it. It has the worldwide press on it, and adoption is still increasing. So Bitcoin will continue to grrow for a while if you ask me. Its the mother of crypto. If bitcoin fails, it is most likely that 80% of the altcoins are going with it.

yes, but
1. the divide and conquer black ops are repeated one after another, each time on a bigger scale /with more resources, and each time a large amount of (l)users fall for them line, hook, and sinker;

2. what's the point of having the best developers if you are vulnerable to cheap psyops?

3. Every day I read of some new KYC/AML regulation regarding bitcoins. The other day Bitstamp submitted to me an insane questionnaire about my coins ("How did you make them?" "Prove it!"). Looks like they may kill it by regulation.

4. Soon or later some actually better cryptocoin will be invented. Storing the whole history of all transactions does not look a so practical or cool thing to me for example, both regarding scalability and privacy.

Really good points. Point 3 has also happened when i wanted to sell my coins. They mailed me that had to prove where the coins are coming from, and i said from an another trading tradingside. They dont believe me and blocked me from their exchange. There are already many better crypto's available than bitcoin. Crypto's with smart contracts (Ethereum), crypto that are 100% anonymous (ZEC, Monero etc), fast crypto ( Ethereum, Creditbit). But still Bitcoin is n1. We must be all idiots that are believing in a moon fairytale if we keep using bitcoin while we know that there are better cryptocurrencies.

But they dont have support on hardware wallets, lots of exchanges, marketing etc. Its hard to take that away from Bitcoin. Bitcoin is quite lucky that is was the first crypto around.

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

Quote from: conspirosphere.tk on March 27, 2017, 04:36:35 PM

Looks like that if we are very lucky it will go the way of IBM:
http://prnt.sc/ep7ib8

But my guess is that the idiots led by saboteurs will utterly destroy it and it will become just another old failed cryptocoin.

Intersting theory,but crypto is booming Bitcoin is still the biggest by far. It has the biggest community by far, huge mining farms, worldwide attention, investors have discovered it. It has the worldwide press on it, and adoption is still increasing. So Bitcoin will continue to grrow for a while if you ask me. Its the mother of crypto. If bitcoin fails, it is most likely that 80% of the altcoins are going with it.

yes, but
1. the divide and conquer black ops are repeated one after another, each time on a bigger scale /with more resources, and each time a large amount of (l)users fall for them line, hook, and sinker;

2. what's the point of having the best developers if you are vulnerable to cheap psyops?

3. Every day I read of some new KYC/AML regulation regarding bitcoins. The other day Bitstamp submitted to me an insane questionnaire about my coins ("How did you make them?" "Prove it!"). Looks like they may kill it by regulation.

4. Soon or later some actually better cryptocoin will be invented. Storing the whole history of all transactions does not look a so practical or cool thing to me for example, both regarding scalability and privacy.

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Whimsical Pants

Quote from: keystroke on March 27, 2017, 09:28:39 AM

Intersting theory,but crypto is booming Bitcoin is still the biggest by far. It has the biggest community by far, huge mining farms, worldwide attention, investors have discovered it. It has the worldwide press on it, and adoption is still increasing. So Bitcoin will continue to grrow for a while if you ask me. Its the mother of crypto. If bitcoin fails, it is most likely that 80% of the altcoins are going with it.

And what you are seeing now are people betting on what makes up the 20%.

Paya

sr. member

Activity: 334

Merit: 250

Still this is pretty nasty, and I hate to see money flow into ETH.

Don't worry, large portion will come back after their bubble bursts. Which, by the looks of it, is going to happen quite soon.

york780

sr. member

Activity: 392

Merit: 250

Quote from: conspirosphere.tk on March 27, 2017, 04:36:35 PM

The only thing bitcoin has going for it right now is the brand name and the network effect. It has been riding on that for about 2 years. How long do you think it will be able to last?

Looks like that if we are very lucky it will go the way of IBM:
http://prnt.sc/ep7ib8

But my guess is that the idiots led by saboteurs will utterly destroy it and it will become just another old failed cryptocoin.

Intersting theory,but crypto is booming Bitcoin is still the biggest by far. It has the biggest community by far, huge mining farms, worldwide attention, investors have discovered it. It has the worldwide press on it, and adoption is still increasing. So Bitcoin will continue to grrow for a while if you ask me. Its the mother of crypto. If bitcoin fails, it is most likely that 80% of the altcoins are going with it.

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

Quote from: keystroke on March 27, 2017, 09:28:39 AM

The only thing bitcoin has going for it right now is the brand name and the network effect. It has been riding on that for about 2 years. How long do you think it will be able to last?

Looks like that if we are very lucky it will go the way of IBM:
http://prnt.sc/ep7ib8

But my guess is that the idiots led by saboteurs will utterly destroy it and it will become just another old failed cryptocoin.

zimmah

legendary

Activity: 1106

Merit: 1005

Well, market cap is still above 2013. https://blockchain.info/charts/market-cap?timespan=all

Still this is pretty nasty, and I hate to see money flow into ETH.

Of course the market cap is bigger than in 2013.

In 2013 99% of humanity didn't even know what cryptocurrency was.

Now, cryptocurrency is booming, but bitcoin is almost unaffected by the boom.

It should be leading the boom and thriving from it, but instead, it's barely even noticing it.

Quote from: york780 on March 27, 2017, 10:37:00 AM

I am pretty sure ETH is a bubble.

Ask anyone on the streets of they know what ethereum is and nobody will know. Even if ETH were to pass bitcoin in market cap I suspect bitcoin will still be what comes to most peoples mind when cryptocurrency is mentioned.

If you only start to invest in ETH after this has changed, you'll be left behind.

Once the flippening starts, it will be fast and brutal.

The only thing bitcoin has going for it right now is the brand name and the network effect. It has been riding on that for about 2 years. How long do you think it will be able to last?

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

watching this thread for inevitable fear and loathing.

hdbuck

legendary

Activity: 1260

Merit: 1002

I am pretty sure ETH is a bubble.

Ask anyone on the streets of they know what ethereum is and nobody will know. Even if ETH were to pass bitcoin in market cap I suspect bitcoin will still be what comes to most peoples mind when cryptocurrency is mentioned.

Just look at Etereum. 400% increase in 1 month = mega bubble.

crackeths vapes flying high.

york780

sr. member

Activity: 392

Merit: 250