It will be fun to see what happens when coinwallet.eu starts to spam the Bitcoin network, they announced that we will see 30d delays in transactions(startin at the beginning of Semptember IIRC).
Everyone who hasn´t his coins on exchange already might have a problem to transfer em in this time, just in case we should crash.
On the other hand, Bitfinex is lookin like it might walk the way of Gox pretty soon....
Anyone who is lookin to cash out or just to sell temporarily should stay away from them IMHO.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20941. (Read 26608959 times)
August 24, 2015, 03:54:09 AM
August 24, 2015, 03:46:33 AM
Apparently Sub $200 coming, lets hope for triple $160 bottom..
Looks more like a tripple bottom @ 80-90$ is incoming, let´s hope that this one will hold. Otherwise even longterm holders like Bitcoin Jesus might throw in their towel, if they haven´t already done it, just like every sane person. Bidside on all excanges is laughable. The main problem is that there is still no fresh money comin onto exchanges
I wonder how those funds like Pantera who bought @800$ are feelin now....
I hope you dropped em on the fresh blood @ minimum 500+$. Woulda be kinda stupid if you haven´t, don´t you think?
I see, "buy low, sell high", is considered "dumb" in cult like investment groups.....
I really hope that large holders are all in the same cult as you, otherwise they might soon have problems selling their coins into an almost non-existent bidside....
August 24, 2015, 03:43:17 AM
I think it's time to become a realist. Selling some coins here seems very reasonable.
We're at one of these (beloved) crossings, everybody likes to talk about in bitcoin. "Either it'll be worth nothing or a lot".
If the blocksize debate will not be solved (soon) in an attractive way, I tend to the first.
We're at one of these (beloved) crossings, everybody likes to talk about in bitcoin. "Either it'll be worth nothing or a lot".
If the blocksize debate will not be solved (soon) in an attractive way, I tend to the first.
August 24, 2015, 03:27:58 AM
Apparently Sub $200 coming, lets hope for triple $160 bottom..
Looks more like a tripple bottom @ 80-90$ is incoming, let´s hope that this one will hold. Otherwise even longterm holders like Bitcoin Jesus might throw in their towel, if they haven´t already done it, just like every sane person. Bidside on all excanges is laughable. The main problem is that there is still no fresh money comin onto exchanges
I wonder how those funds like Pantera who bought @800$ are feelin now....
I hope you dropped em on the fresh blood @ minimum 500+$. Woulda be kinda stupid if you haven´t, don´t you think?
August 24, 2015, 03:26:42 AM
are u gobbling up the cheap coinz 
August 24, 2015, 03:18:07 AM
Apparently Sub $200 coming, lets hope for triple $160 bottom..
Looks more like a tripple bottom @ 80-90$ is incoming, let´s hope that this one will hold. Otherwise even longterm holders like Bitcoin Jesus might throw in their towel, if they haven´t already done it, just like every sane person. Bidside on all excanges is laughable. The main problem is that there is still no fresh money comin onto exchanges
I wonder how those funds like Pantera who bought @800$ are feelin now....
I hope you dropped em on the fresh blood @ minimum 500+$. Woulda be kinda stupid if you haven´t, don´t you think?
August 24, 2015, 03:17:15 AM
I wonder what will happen when Finex's trades resume.Maybe a slight increase in price as people buy BTC to get the fuck out of dodge on other exchanges.
August 24, 2015, 03:09:28 AM
Apparently Sub $200 coming, lets hope for triple $160 bottom..
Looks more like a tripple bottom @ 80-90$ is incoming, let´s hope that this one will hold. Otherwise even longterm holders like Bitcoin Jesus might throw in their towel, if they haven´t already done it, just like every sane person. Bidside on all excanges is laughable. The main problem is that there is still no fresh money comin onto exchanges
I wonder how those funds like Pantera who bought @800$ are feelin now....
August 24, 2015, 03:02:36 AM
Apparently Sub $200 coming, lets hope for triple $160 bottom..
Looks more like a tripple bottom @ 80-90$ is incoming, let´s hope that this one will hold. Otherwise even longterm holders like Bitcoin Jesus might throw in their towel, if they haven´t already done it, just like every sane person. Bidside on all excanges is laughable. The main problem is that there is still no fresh money comin onto exchanges
I wonder how those funds like Pantera who bought @800$ are feelin now....
August 24, 2015, 03:02:25 AM
August 24, 2015, 02:52:27 AM
Apparently Sub $200 coming, lets hope for triple $160 bottom..
August 24, 2015, 02:40:22 AM
ready for drama 
August 24, 2015, 02:34:45 AM
It looks like some kind of circuit breaker tripped on bfx. no trades for a while.
I can't even cancel my orders...came back online, someone dumped 1K coins and went off again. This is not good.
WTF, BJA?
? At least if you make some kind of factual representation regarding current events, you could be a little more accurate.
It appears that Bitfinex came back on line for about 2.5 minutes, and during that time, around 1000 BTC were traded... but they were NOT merely one player dumping coins, but instead there were a lot of trades back and forth between approximately $219 and $223.
Sorry, a thousand coins were either market sold or hit their ask price. UPDATE back up to $223
Yep... Bitfinex, keeps coming back online for a few minutes, and then going back off line.. they seem to be having some keeping it up issues at the moment.
They should have taken the blue pill
Something... maybe something that could last anywhere between 12 hours and 48 hours
...... rather than a few minutes...
August 24, 2015, 02:32:46 AM
It looks like some kind of circuit breaker tripped on bfx. no trades for a while.
I can't even cancel my orders...came back online, someone dumped 1K coins and went off again. This is not good.
WTF, BJA?
? At least if you make some kind of factual representation regarding current events, you could be a little more accurate.
It appears that Bitfinex came back on line for about 2.5 minutes, and during that time, around 1000 BTC were traded... but they were NOT merely one player dumping coins, but instead there were a lot of trades back and forth between approximately $219 and $223.
Sorry, a thousand coins were either market sold or hit their ask price. UPDATE back up to $223
Yep... Bitfinex, keeps coming back online for a few minutes, and then going back off line.. they seem to be having some keeping it up issues at the moment.
They should have taken the blue pill
August 24, 2015, 02:30:41 AM
It looks like some kind of circuit breaker tripped on bfx. no trades for a while.
I can't even cancel my orders...came back online, someone dumped 1K coins and went off again. This is not good.
WTF, BJA?
? At least if you make some kind of factual representation regarding current events, you could be a little more accurate.
It appears that Bitfinex came back on line for about 2.5 minutes, and during that time, around 1000 BTC were traded... but they were NOT merely one player dumping coins, but instead there were a lot of trades back and forth between approximately $219 and $223.
Sorry, a thousand coins were either market sold or hit their ask price. UPDATE back up to $223
Yep... Bitfinex, keeps coming back online for a few minutes, and then going back off line..
They seem to be having some issues trying to and or maintaining their attempts to keep it up at the moment.
August 24, 2015, 02:26:35 AM
Interesting tweet with interesting timing. Did Kim Dotcom predict 2013 bubble right?
This seems to be tweeted before the China stock market closure; just for reference:
- MSCI -> 4% in a 3 year low
- Shanghai -> -8,49%
- Nikkei -> -4,61%
Maybe Kim has a point...
http://www.marketwatch.com/story/china-shares-wipe-out-2015-gains-as-stocks-tumble-85-2015-08-24
August 24, 2015, 02:23:20 AM
Back from holiday.
Finally able to catch the knife.
I just did.
We can go up again.
Finally able to catch the knife.
I just did.
We can go up again.
August 24, 2015, 02:21:07 AM
It looks like some kind of circuit breaker tripped on bfx. no trades for a while.
I can't even cancel my orders...came back online, someone dumped 1K coins and went off again. This is not good.
WTF, BJA?
? At least if you make some kind of factual representation regarding current events, you could be a little more accurate.
It appears that Bitfinex came back on line for about 2.5 minutes, and during that time, around 1000 BTC were traded... but they were NOT merely one player dumping coins, but instead there were a lot of trades back and forth between approximately $219 and $223.
Sorry, a thousand coins were either market sold or hit their ask price. UPDATE back up to $223
August 24, 2015, 02:12:47 AM
It looks like some kind of circuit breaker tripped on bfx. no trades for a while.
I can't even cancel my orders...came back online, someone dumped 1K coins and went off again. This is not good.
WTF, BJA?
? At least if you make some kind of factual representation regarding current events, you could be a little more accurate.
It appears that Bitfinex came back on line for about 2.5 minutes, and during that time, around 1000 BTC were traded... but they were NOT merely one player dumping coins, but instead there were a lot of trades back and forth between approximately $219 and $223.
August 24, 2015, 02:06:55 AM
intentionally throttling the network to collect more fees is like strangling the golden goose to get more eggs.
Or like jumping out of a certain wooden sculpture when the walls of Troy first come into view?
Our like trying to charge money for an infinite resource?
Bip 101 timescale:
Year. Size. Reward. blockchain size (rough estimate)
2016 8MB. 12.5. 40GB
2020 32MB 6.25. 3.4TB
2024. 128MB 3.125. 16.8TB
2028. 512MB 1.5625. 70.56TB
2032 2048MB 0.78125. 285.6TB
2036 8192MB 0.390625. 1145TB
How many individuals do you think will be incentivized to store more than a petabyte of data with no compensation? The good news is that Gavin's plan is preposterous and will never gain traction, so fortunately there's nothing to worry about.
2036 is in 21 years. How big was a hard drive 21 years ago? (hint: a tiny fraction of the storage on my current 3 year old phone). Storage is so cheap now that if you include cloud storage like dropbox, it's free.
This is the same fallacy the Malthusians made about mass starvation with population doubling every forty years. Didn't happen. All famines today are political, including ours.
some people have no foresight
Since 0.11 (Both core and XT) it's also been possible to run a node with a pruned blockchain
For example to limit blockchain to latest 10 GB of history would be:
Code:
$ bitcoind -prune=10000
When pruning is active the wallet is disabled as a safety feature. But if no problems arise, I guess it will be enabled soon.
Maybe this culls some fears of the blockchain bloat as the user can now choose how much data he/she is willing to store and still run a fully validating node. It's one less obstacle to growth of bitcoin and increasing/lifting blocksize cap.
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