Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15172.

bitserve

legendary

Activity: 1932

Merit: 1610

Self made HODLER ✓

Quote from: somac. on January 04, 2018, 02:07:23 AM

Quote from: TERA2 on January 04, 2018, 02:05:28 AM

The cycle for ATH is supposed to be 9 months, not 2 weeks!

not talking about ATHs here, I'm talking performance vs other coins. I've seen alts do well before when BTC has suffered, but not like this.

You weren't around here in May when Ripple, ethereum, Dash, Litecoin, ETC, monero and many others did a similar pump while BTC stagnated until it finished?

Looks pretty similar to me.

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

2nd shitcoin blow-off in under 12 months, simply nutz.

working on the simple math from last time after the shitcoin bust ... total crypto marketcap ~$750 bill, BTC 66% share == 28-30k u$d/btc.

BitcoinBunny

legendary

Activity: 1526

Merit: 2617

Far, Far, Far Right Thug

Quote from: oblox on January 04, 2018, 04:19:46 AM

I never thought I would say it but given where BCH is, LTC seems awfully undervalued. There is no compelling reason to use BCH over LTC if the whole premise is transaction fees are out of control and slow block confirms.

The only reason is an emotional one (it contains the Bitcoin name) and it seems emotion is what the crypto market is partly based on right now. (Ie I'd rather have thousands of Ripple than 1 BTC) etc.

bitserve

legendary

Activity: 1932

Merit: 1610

Self made HODLER ✓

Quote from: HairyMaclairy on January 03, 2018, 11:43:34 PM

I have just blown the princely sum of 0.01 BTC on a test run of Raiblocks which I am told is the future of crypto.

So far:

1. Every time I try to open the Raiwallet I have to recover from seed because Raiwallet throws an error.

2. I can’t withdraw my 1 Raiblock worth US$25 from Bitgrail because their node keeps crashing so I can’t send it to my Raiwallet.

3. You can’t send any amount less than 1 Raiblock to Bitgrail as an anti-spam measure. This is for a DAG technology that supposedly can handle 2,500 tps?!

4. I can’t withdraw my remaining 0.0082 BTC from Bitgrail for no reason whatsoever? Exit scam?

This is the 17th highest ranked crypto on Coinmarket cap and it seems to be a fucking mess. If this is the future of crypto, I want no part in it.

If you try IOTA you will be even more amazed by its shitness. Yeah, it's simply amazing. And that's for the network and PC wallet. Don't ever try the IOT wallet -it's main selling point- because there is simply NONE.

But the gains? Pretty respectable I have to admit.

If you want to try a working DAG try Byteball. The gains you ask? Oh, well... nowhere near the other two broken implementations (IOTA/Raiblocks).

Your choice.

oblox

legendary

Activity: 1442

Merit: 1018

I never thought I would say it but given where BCH is, LTC seems awfully undervalued. There is no compelling reason to use BCH over LTC if the whole premise is transaction fees are out of control and slow block confirms.

centralbanksequalsbombs

sr. member

Activity: 378

Merit: 278

Bitcoin :open immutable decentralized global fair

Quote from: oblox on January 04, 2018, 04:17:37 AM

Quote from: centralbanksequalsbombs on January 04, 2018, 04:06:29 AM

Quote from: HairyMaclairy on January 04, 2018, 03:46:17 AM

The only coins in the top 15 that are “honest” imho are BTC, Ether and Monero. And Ether can be a bit dubious. The rest is shit. Happy to hear contrary opinions.

Is basically every "Equihash" altcoin reliant on the trusted setup (destruction of master key ceremony)? Not just Zcash, zclassic, but Bitcoin Gold as well?

Can anyone comment? All equihash coins = trust in trusted setup. (if so, what a crappy "gpu"-mineable algo that bitcoin-gold team chose - dubious)

No, only ZEC forks are. Equihash is just the mining algo, no different than scrypt, sha256, or ethash.

Ah okay, thanks!

oblox

legendary

Activity: 1442

Merit: 1018

Quote from: centralbanksequalsbombs on January 04, 2018, 04:06:29 AM

Quote from: HairyMaclairy on January 04, 2018, 03:46:17 AM

The only coins in the top 15 that are “honest” imho are BTC, Ether and Monero. And Ether can be a bit dubious. The rest is shit. Happy to hear contrary opinions.

Is basically every "Equihash" altcoin reliant on the trusted setup (destruction of master key ceremony)? Not just Zcash, zclassic, but Bitcoin Gold as well?

Can anyone comment? All equihash coins = trust in trusted setup. (if so, what a crappy "gpu"-mineable algo that bitcoin-gold team chose - dubious)

No, only ZEC forks are. Equihash is just the mining algo, no different than scrypt, sha256, or ethash.

BitcoinBunny

legendary

Activity: 1526

Merit: 2617

Far, Far, Far Right Thug

I reckon for the regular noob buying any type of Crypto it would far more appealing to buy Bitcoin NOW if they were expressed in mBTC.

Do you want 0.1 (10%) of a Bitcoin or 3500 Ripples?

Instead of fending off Roger "Criminal" Ver and his monopoly buddy Jihan Wu it would have been better had the community spent time on transferring value notation to mBTC as soon as BTC hit $10,000.00.

As soon as one mBTC possibly hits $10,000.00 then express it in microBTC or Satoshi.

This to me would look far more appealing to buy a few off below.
Consider this:

ragnar0k

full member

Activity: 154

Merit: 101

Quote from: Biro Bob on January 04, 2018, 03:27:27 AM

Quote from: Torque on January 03, 2018, 08:28:37 PM

Quote from: HairyMaclairy on January 03, 2018, 08:04:50 PM

I have decided that ~~Ripple~~ random shitcoin is an attack on Bitcoin the same as ~~Bcash~~ other random shitcoin. They are trying to scare holders into selling by wash trading a Flippening. Don’t fall for it.

FTFY. They've been trying this lame 'flippening scare' tactic for over a year now, because they are all fresh out of other shitactics.

Pumping random garbage will never work. The Bitcoin community has matured and can see through the bullshit.

Wallstreet desperately needs more bitcoin supply to play their con games with the public, and there just isn't much available. So they are desperate to get existing holders to part with their bitcoin. They want them to make rookie trading mistakes, divest into a myriad of shitcoins, or just get frustrated and sell... whatever they can do to shake people out. It doesn't appear to be working.

This is also my belief. There is a very low quantity of circulating Bitcoin. If you can create FOMO and generate an order book full of buyers wanting your crapcoin, you then wait for the right moment then dump en-masse generating a large quantity of Bitcoin for yourself and a large number of ‘successful’ traders. I notice that the more reputable alts are not pumping as hard as the blatant scams.

...Except that this time they are getting close to BTC market cap. It has passed 50% now and is on the way to be 100% sometime next week
I am surprised how media was quick saying btc is a bubble yet nobody says anything about ripple

mike4001

sr. member

Activity: 443

Merit: 260

Quote from: svdleer on January 04, 2018, 04:07:48 AM

Quote from: luckygenough56 on January 04, 2018, 04:06:11 AM

looks liike xrp can really overtake btc marketcap this time

I think a crash is to be expected soon there.

I keep hearing that but nothing happens ...

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

I expect robust support at 13000, got my buy orders in, I'm turning in

night guys

svdleer

member

Activity: 112

Merit: 10

Quote from: luckygenough56 on January 04, 2018, 04:06:11 AM

looks liike xrp can really overtake btc marketcap this time

I think a crash is to be expected soon there.

centralbanksequalsbombs

sr. member

Activity: 378

Merit: 278

Bitcoin :open immutable decentralized global fair

Quote from: HairyMaclairy on January 04, 2018, 03:46:17 AM

The only coins in the top 15 that are “honest” imho are BTC, Ether and Monero. And Ether can be a bit dubious. The rest is shit. Happy to hear contrary opinions.

Is basically every "Equihash" altcoin reliant on the trusted setup (destruction of master key ceremony)? Not just Zcash, zclassic, but Bitcoin Gold as well?

Can anyone comment? All equihash coins = trust in trusted setup. (if so, what a crappy "gpu"-mineable algo that bitcoin-gold team chose - dubious)

luckygenough56

legendary

Activity: 1526

Merit: 1012

looks liike xrp can really overtake btc marketcap this time

svdleer

member

Activity: 112

Merit: 10

Quote from: jojo69 on January 04, 2018, 04:01:26 AM

200BTC wall at 14, 500 pulled at GDAX, down we go

Almost no volume on BTC at GDAX, it's about 50% of normal

BCH is down 12%
Ripple up by 36% ....

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

200BTC wall at 14,500 pulled at GDAX, down we go

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

I have looked at ZEC before. The main thing that held me back is that it is still very early in its mining cycle - only something like 15% mined. Monero is comparatively much more mature. And of course the questions around it’s ability to be unlocked. But you make good points.

Tron making top 10 off the back of a McAfee tweet is particularly sad.

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

Quote from: HairyMaclairy on January 04, 2018, 03:46:17 AM

The only coins in the top 15 that are “honest” imho are BTC, Ether and Monero. And Ether can be a bit dubious. The rest is shit. Happy to hear contrary opinions.

I still like ZEC, valid concerns have been raised about the security model, but I do think those kids are "honest".

Monero is clearly the best of the bunch.

Icygreen

legendary

Activity: 1464

Merit: 1136

All of my friends who recently started "investing" in crypto are 50-80% in BTC and are playing the alt market for either more $ or more BTC.
I wouldn't worry about it too much. The recent influx of future hodlers will have to pass the usual "initiation rights" and whales are most likely orchestrating the whole bit. It feels much like when ETH threatened to take over BTC and the surge of new users to the market at the time. Values will come later and anyone putting significant value in hopefully has done some research. Just another wave in the market. The race to cryptocurrency is an interesting one at least.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

The only coins in the top 15 that are “honest” imho are BTC, Ether and Monero. And Ether can be a bit dubious. The rest is shit. Happy to hear contrary opinions.

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