Bitcoin Price: BTC Price News Today - BitcoinExchangeGuide.com

Bitcoin: Am I Missing Something?

Tim Draper is a multimillionaire that is over the moon with bitcoin and heavily HEAVILY invested in it.
The Winklevos brothers are absolutely enthusiastic about bitcoin.
Mike Novogratz recently said he had never felt more positive about bitcoin than now.
There's many more of these kinds of people. These guys are not dumb. In fact these guys are more successful than probably anyone in this sub. And they don't seem to have any reservations. And yet...

... I don't see it...

I look at bitcoin and I see a crypto that has failed to become what it set out to be. And what it has turned into is a mere shimmer of what it could have been, lightning LN is a joke and then I read: "Bitcoin: Store of value." "It has value because people say it has." "Bitcoin has won!" - Give me a break?!

What's going on here? Are people blind? Am I blind?

Those guys I mentioned are at the literal forefront of bitcoin development. These guys make investments in developments, see tech being made that probably won't reach us for months or longer. Do they see something, know something, I don't?

I've been here from 2012-2013. I've seen Mt Gox, I received the bitfinex haircut, seen the bitstamp bearwhale in action, I've seen public manipulation, I've seen fork debates and fork debacles. I have seen bitcoin slowly get crippled. I've seen bitcoin's promise and premise shrink from Gods financial gift to mankind of freedom, to "Store of value! lalala".

And yet here are these people. These Titans... But I can't for the life of me justify putting even a single dollar into bitcoin without feeling like a complete jackass... Am I missing something? What the hell am I missing?

It's not a super big deal or anything. I'll keep happily investing in other cryptos with which I feel very comfortable and happy and even proud, like I felt with bitcoin years ago. The question just keeps chewing at me: Am I so clueless? I feel like I'm in the twilight zone.
submitted by Tyanuh to CryptoCurrency [link] [comments]

Failure, Chaos, & Bad Decisions: Why Dash's Horrible 2019 Means It Won't Survive 2020

I. Failure
In 2019, LATAM scammers ripped off Dash's treasury for 1000s of coins while providiing fake adoption statistics and embezzling money intended to save poor starving Venezuelan babies.
In 2019, Dash continued its free fall in marketcap rank, plunging to 27 from a high of 3. Once 5 times Monero's marketcap, Dash is by global free market consensus now valued at less than 50% of Monero, and may soon succumb to DogeCoin, a joke currency based on a dead 2013 meme. Measrued against the standard for altcoins, the once-hopeful 2 ETH for 1 Dash rate has surrendered unconditionally to Dash-breaking bearwhales - 1 Dash is worth less than 1/3 of an ETH now.
In 2019, Dash shills tried changing the subject from the "existential crisis" caused by DCG's failed Evolution Roadmap to other coins' cryptowinter vacations or fake & gamed metrics like tx/day, ignoring the obvious fact that Dash's singularly weak fundamentals and price collapsed in terms of Bitcoin, gold, fiat, and all other Top 25 altcoins.
In 2019, Dash shamefully abandoned tried-and-true Nakamoto Consensus with a cheap, gimmicky "Chainlocks" version of Peercoin's good old-fashioned checkpoints.
In 2019, Dash Core's chosen PR firm, Shift Communications, was a huge disappointment as it failed to engage the community, mitigate public relations disasters like MooCowMoo, or direct attention to EvoNet Platform's Open House. Dash Core also suffered the humiliation of being forced to de-endorse their own Shift Communication proposal, asking MNOs to vote down yet another money-wasting, bloated-corporation-imitating Core brainchild.
In 2019, Dash's identity as "Shitcoin of the year" was confirmed after being called out as a scam by the Crypto Vigilante Group due to the instamine, centralized mangement+control, and slow+broken privacy.
In 2019, Dash's support from Jeff Berwick's Dollar Vigilante Group turned very bearish to to their increased awareness of Dash's instamine and broken privacy.
In 2019, Dash was listed by Coinbase, raising hopes the Number might Go Up. But nobody actually cared about Dash on Coinbase, so nothing happened afterwards to change the market's opinion that Dash is worth less than a cold sack of puke.
In 2019, Dash's PrivateSend feature-cum-liability was broken by crypto research specialist u/Flenst, just as many exchanges were delisting Dash beause of its prior marketing under the old Darkcoin brand.
II Chaos
In 2019, every week wealthy Masternode owners dumped their 7200 "free" Dash, without returning anything for it to Dash's primary buyers. As the compounded Instamine Masternode poopulation grew, the market's ability to bear that overhead simply imploded.
In 2019, Dash went from weak to weaker as falling prices and severe reputation damage thanks to Macrochip & Moocowmoo resulted in budget shortfalls for Core Group Inc, intensifing toxic conflict over who must suffer additional austerity measures. Meanwhile Dash's competitors had great years and their devs wrote AND SHIPPED amazing code, such as Cardano releasing its (absolute madhouse of an) Incentivized Shelley Staking Testnet, Monero putting RandomX into production, and Decred adding state-of-the-art CoinShuffle++.
In 2019, DASH became a nightmare of change discussion and negativity. Instead of an Evolution product demo at the Open House, CEO Ryan Taylor plopped out a FUD turd and then proceded to roll around in it while all 15 people watching recoiled in horror and disgust. Markets hate uncertainty, so Dash Core's confusing new mission of endless scope creep, bikeshedding, and self re-invention only exacerbated existing negative investor sentiment.
III Bad Decisions
In 2019, Dash's increasinly desperate and centralized management+control (AKA spork-key hodler) entity, DCG, having lost hope in ever being competitive with successfull PoW-backed hard money cryptoassets like BTC/LTC/XMR, annouced a shocking, narrative-abandoning pivot to exploring Proof Of Stake options (as well as stripping X11 miners of their fair share of coinbase asset allocation).
In 2019, Dash's CEO ruined the years-overdue Evolution Open House by inciting a massive, controversial discussion after unilaterally declaring Dash is "overpaying" for Nakamoto Consensus PoW security.
In 2019, Dash's long-awaited Evolution release Open House featured no actual product demo as Liz's embarrassingly cringe EvoNet slideshow openly annouced Evolution has devolved into a Zero-Calorie Nothingburger with Vaporware Fries and Lite Ketchup.
In 2019, Dash's established coinbase reward allocation and PoW/PoSe consensus mechanism degenerated into a discussion of which Calvinhash Protocol[1] would fix Dash's massive technical and cultural debt problems, thereby making its Number Go Up.
[1] Calvinhash is a protocol invented by Evan at Dash Labs during an especially intense and lavishly provisioned Psytrance party "research" experience/experiment. Calvinhash has no rules; the miners, stakers, and Instamined DCG Masternodes make up their own rules as they go along, ensureing no Calvinhash proof-of-work, block size limit, consensus mechanism, or block reward is like another. 
submitted by henrygeorgist to DashUncensored [link] [comments]

Shorting alts seems to be a much more reasonable and profitable. I don't see why they won't get totally obliterated in a couple of months.

* extra "a" in title, sorry
So all crypto land is going down... question is when. Some think this is imminent, others think it's a couple of months away.
Question is, since all altcoins are quite useless and shitty anyway, wouldn't it be way more profitable to short alts and wait for them to crack for good instead of shorting bitcoin?
I mean, it's quite obvious they're all btc driven, and they also outperform BTC in both gains and losses.
But at least Bitcoin has a leg to stand on, it has stood the test of time and all previous crashes. It has some limited use even and is somewhat accepted as payment. There is a shy BTC ecosystem in place. Everyone and their grandma knows about Bitcoin. So basically it has some sort of underlying value and purpose. It might get @2k or even @1k but it's highly unlikely it will get dumped further. Maybe 500$ lowest. Shorting bitcoin @5-7k range will get you an average of a 4k drop or 70-80% drop.
Now what about alts? LTC, which is a very old coin, dropped from 50$ to almost 1$ after the 2013 bubble. During the dead phase, it averaged 3$, that's 6% of it's 2013 ATH. In comparison, BTC tanked to an average of 250-300, which was 20% of it's ATH. And back in it's days LTC was quite a solid coin, with almost 2? years traded since it's launch. In that time, it was just one of the very few coins in circulation
Basically, BTC got beaten down in 2014 but alts got obliterated.
Now, we have a ridiculous number of alts, all gained because they follow bitcoin. Most were next to 0 prior to the 2017 bubble. They were created, tanked for a while and just went to the moon for no other reason than btc going there. https://coinmarketcap.com/charts/
Remember how terrible the sentiment was past the 2013 bubble and how just about anyone gave up on bitcoin by 2015, which was THE dominant coin by a huge margin. Remember the bearwhale. Why would anyone even think of holding on to irrelevant shitcoins?
submitted by asdasdasdasdfff44 to BitcoinMarkets [link] [comments]

Removed comments/submissions for /u/jigaxx

Hi jigaxx, you're not shadowbanned, but 37 of your most recent 90 comments/submissions were removed. They may be removed automatically by spam filters and not necessarily by human moderators.
Comment (1pts) in CryptoCurrency, "Daily Discussion Megathread - August 10, 2018", (10 Aug 18):
Indeed, they are telling me that my eos tokens are worthless now because I didn't register my tokens on time. I was one of the really early investors on their platform. All gone just like that. What a...
Comment (1pts) in SnowDividends, "Exit scam?", (01 Aug 18):
Thanks! You're the man.
Comment (1pts) in SnowDividends, "Exit scam?", (01 Aug 18):
Yep, looks like it
Comment (1pts) in garlicoin, "Forgive me for I have killed somany garlic.", (20 Jul 18):
Hey friend, no worries. I'll give you the 761 garlic if you tell me how you're going to back them up.
Comment (1pts) in CryptoCurrency, "Daily Discussion Megathread - July 17, 2018", (18 Jul 18):
I've been sucker punched too many times by pumps like these. I'm staying skeptical for now.
Comment (1pts) in CryptoCurrency, "Daily Discussion Megathread - July 11, 2018", (11 Jul 18):
What a fucking nightmare!
Comment (1pts) in CryptoCurrency, "Daily Discussion Megathread - June 22, 2018", (23 Jun 18):
Oh yeah. Sit down and let me tell you a story about the bearwhale fight at $300
Comment (1pts) in CryptoCurrency, "Daily Discussion Megathread - June 12, 2018", (13 Jun 18):
I know, it feels like the downtrend from early 2014 but this one feels waay worse and artificial. Almost like everyone is being waterboarded.
Comment (1pts) in nanocurrency, "feels like it's the same with Nano..", (10 Apr 18):
RemindMe! 3 Years
Comment (1pts) in CryptoCurrency, "List of dividend-paying cryptos", (06 Nov 17):
COSS and Kucoin
Comment (1pts) in CryptoCurrency, "Anything similar to tether?", (16 Jul 17):
Nubits
Comment (1pts) in videos, "When a male gymnastic coach tries uneven bars.", (20 Dec 14):
10
Comment (1pts) in Bitcoin, "I love this man: If you've never heard of Bitcoin, "get...", (09 Dec 14):
Right, that enthusiasm. He even forgot to take a puff puff from his weed and the thing went out.
Comment (1pts) in explainlikeimfive, "ELI5: What is the best way/position for humans to sleep? It...", (21 Nov 14):
Lean on the wall.
Comment (1pts) in dogecoin, "The Count Down to the Biggest storm in Doge History has...", (09 Nov 14):
Battle Creek here
Comment (1pts) in Music, "What was the last actual compact disc (not download) you...", (08 Nov 14):
50 cent - Get Rich Or Die Tryin. Year: 2003.
Comment (1pts) in dogecoin, "Doges of the world! [OC!]", (11 Oct 14):
Africa?
Comment (1pts) in dogecoin, "Dear whales leaving our currency...", (08 Aug 14):
Whales? More like bottom feeders. They get higher profit margins when the prices are low but now I think they've realized the consequences of pressuring the prices towards the bottom. Miners are findi...
Comment (1pts) in dogecoin, "I guess we might see bitcoin race against dogecoin...", (25 Jul 14):
Seal of approval. It means our community is highly regarded by BTC. This imitation is flattering.
Comment (1pts) in dogecoin, "First they ignore you, then they laugh at you, then they...", (16 Jul 14):
First they ignore you, then they laugh at you, then they fight you, then you wow!
Comment (1pts) in flappycoin, "FlappyCoin Qt Wallet 2.0.0 released", (23 Mar 14):
Hello dev. Please follow the instructions from the link below to fix the "libgcc_s_dw2-1.dll" issue: http://stackoverflow.com/questions/4702732/the-program-cant-start-because-libgcc-s-dw2-1-dll-is-mis...
Comment (1pts) in flappycoin, "I will buy 1 million flaps for 300 doge.", (22 Mar 14):
1 dogecoin = about 123 satoshis
1 flappycoin = 1 satoshi (at current market price)
300 dogecoin = 300 X 123 (which comes out to about 36,900 flappycoin)
Your 300 Doge will get you 36,900 flappy. Wh...
Comment (1pts) in flappycoin, "Stop selling You %@[email protected]", (16 Mar 14):
He's talking about the dipshits selling so low and pilling a huge sell wall and crippling the coin.
Comment (1pts) in flappycoin, "Lets bring up the value of Flappycoin!!!!!!", (05 Mar 14):
Check out Flappy Party. It is a Flappy Bird gambling ring using bitcoin. If we could get them to accept Flappycoin, it will increase our transaction volume.
Comment (1pts) in dogecoin, "Want Coinkite to accept Dogecoin? First to ฿25 wins!", (14 Feb 14):
Did Bitcoin and Litecoin have to pay to be included? If the answer is no, then we shouldn't have to either.
Comment (1pts) in science, "Be Happier: Spend More Money on Others " ... Psychologists...", (06 Feb 14):
I think this phenomenon is happening on a massive scale at /dogecoin
Comment (1pts) in dogecoin, "I love you all my dear shibes <3 :)", (01 Feb 14):
Am I welcome too?
Comment (1pts) in dogecoin, "a few people asked for an sms tipbot so i made one", (27 Jan 14):
Behold, we are witnessing the birth of a killer app.
Comment (1pts) in dogecoin, "a few people asked for an sms tipbot so i made one", (27 Jan 14):
I am not sure if anyone really understands the gravity of this. This is going to be similar to how the M-Pesa system revolutionized finance in East Africa.
Comment (1pts) in dogecoin, "a few people asked for an sms tipbot so i made one", (27 Jan 14):
Tanzania (+255)
Comment (1pts) in dogecoin, "Just found our ticket to the moon", (22 Jan 14):
Yes yes yes! Shut up and take my doge.
Comment (1pts) in dogecoin, "Just wanted everyone to see this link showing our progress...", (20 Jan 14):
Just donated, hope too see them at the Olympics. It would be nice if they could somehow promote dogecoin at the olympics.
Comment (1pts) in explainlikeimfive, "ELI5: Whats the difference between () [] and {} ?", (07 Dec 13):
public class HelloReddit { public static void main(String[] args) { System.out.println("[The] Magic bean store (where my buddy Jerry used to work until he ate too much merchandise: {beans, ornamental ...
Comment (1pts) in gifs, "Downhill longboarding.", (05 Nov 13):
Claremont is another great video
Comment (1pts) in videos, ["Russell Brand Hilariously Embarrases Morning Show H
submitted by MarkdownShadowBot to CommentRemovalChecker [link] [comments]

r/bitcoin recap - May 2017

Hi everyone!
I’m back with the fifth monthly Bitcoin news recap.
I seriously can’t believe all of this stuff happened in ONE month.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in bitcoin and save them. At the end of the month, I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
If you're on mobile and can't see the links below, check the web version.
A recap of Bitcoin in May 2017
Thanks to everyone who has been contributing positively and constructively over the past month.
Here's to June! (and SegWit)
submitted by SamWouters to Bitcoin [link] [comments]

Price fundamentals haven't changed. Crash still incoming?

Price fundamentals haven't changed after the 275$ crash:
Also, let's talk about bitcoin's potential killer apps:
Given this, while I'm sure there will be more bubbles, I'm not expecting any in the immediate future.
Furthermore, I'm expecting an even worse crash since all those buyers at 300$ will sell if the price bounces back under 300 in the next few days.
I'm currently sitting on the sidelines with 0 BTC left and I'm waiting for the <100$ crash. Unfortunately I have neither the right type of account nor the confidence that the market 'exuberance' after the whale harpooning won't go for longer than I can keep a short open.
Edit: Please note that I'm mostly talking about the short term here: 1 week to 3 months. Longer term anything might happen. Edit: I'm down to 0 BTC.
Edit: The more I think about this the more sure I become of the coming second crash. Also, and thanks to your comments, I'm also more sure of bitcoin's bright future (long term, at least 6 months before price start to reflect it again).
Back to trading - be on the lookout for waning exuberance. If price gets 'stuck' or starts going back down there won't be a floor until maybe 100. The previous 260/275$ floor has moved to 300$ as a bearwhale unloaded 30k there. Most of those who bought @300$ won't want to be bagholders and will sell if it hits 300$. And 30k is a lot to sell! Some will even sell early to take profits. And the books are very thin back to 300$....
Edit: They can't say they haven't been warned: http://www.reddit.com/Bitcoin/comments/2ih1us/psa_please_dont_invest_more_than_you_can_lose/
submitted by nqudex to BitcoinMarkets [link] [comments]

Hypothethical, will you rather have somebody dump 10k btc at market value or put up a 10k sell wall $10 above market value?

Both of these options will prove bearish for bitcoin, but one of them may be worse. Dumping at market value will cause a huge price shift, but then people with buy orders (like me) will be able to get in at a significantly lower price. However, the price may even reach 2k if some people have enough stop loss orders instead of buy orders.
The 10k sell wall will be bigger than the bearwhale in terms of USD but lower in terms of bitcoin. It might be breakable, or it might not be. And there will definitely be FUD as users wonder why somebody is dumping all that btc, and easily jump to conclusions.
So, what would you rather have?
submitted by ecksdee_memer to Bitcoin [link] [comments]

This is our "bearwhale" moment.

So, bitcoin had, during its darkest hour, at the lows of the 2014 bear market, the "bearwhale", a 30,000 BTC ($10 Million at the time) sell wall that went down in cryptocurrency history.
Nano now has its own moment. Our bearwhale is worse, because, while it owns just $5 Million, it is selling slowly. It seems that it is possessed by a crazy hate for nano (why else sell at these prices?) and is determined to see it plummet to sub-dollar values.
I believe that Nano, like Bitcoin, will survive this. The coin and protocol has only gotten better since December, when the value was 10 times what it is now. So, even if our bearwhale takes a little longer to defeat... it will just make our eventual victory that much sweeter.
Bring it on, Bomber.
submitted by Chillin_tony to nanotrade [link] [comments]

Hypothethical: Would you prefer if somebody dumped 10k bitcoin at market value or put up a 10k sell wall at 10 dollars above market?

Both of these options will prove bearish for bitcoin, but one of them may be worse. Dumping at market value will cause a huge price shift, but then people with buy orders will be able to get in at a significantly lower price. However, the price may even reach 2k if some people have enough stop loss orders instead of buy orders.
The 10k sell wall will be bigger than the bearwhale in terms of USD but lower in terms of bitcoin. It might be breakable, or it might not be. And there will definitely be FUD among users of bitcoin as they realize that whoever is dumping bitcoin is going to be buying bitcoin cash.
I know that this subreddit prefers bitcoin cash, so I sense that the response will be different from when I posted on the other subreddit. (Might want segwit bitcointo go down more) I'm just looking for thoughts from both sides.
submitted by ecksdee_memer to btc [link] [comments]

Just a tip...

Hey /litecoin. I'm not a Litecoiner, just a computer science graduate with an interest in cryptocurrency economics.
Just so you are all aware, the price of Litecoin isn't pegged to the price of Bitcoin. And that means, when the price of Bitcoin drops, people who shorted the LTCBTC pairing start losing money, unless they exit their short positions. And Litecoin is heavily shorted right now. Check bfxdata.com, LTCBTC has been going up in response to the Bitcoin price drop. And when Bitcoin rebounds, I doubt people will stop caring about Litecoin, Litecoin is strong when Bitcoin is strong.
I mean really. There are 35 million litecoins, and thats like, 3x as many as there are bitcoins. Do you really think that a 1:160 ratio was sustainable long term?
*Edit: Don't buy on margin, and if you do, make sure your liquidation price is low. There are bearwhales who are probably reading this, and want to prey on what little hope exists right now, to make some easy money. Markets can stay irrational longer than you can remain solvent.
*Edit 2: DO THE MATH. 1/(LTCBTC price) should be equivalent to (BTC price)/(LTC price). If you buy at a higher rate than that value, you're practically giving your money away to arbitration bots. I'm just pointing out that a drop in the price of BTC should cause a rise in the price of LTCBTC, or a drop in the price of LTCUSD.
*Edit 3: Interesting. If you want to see an arbitration bot in action, there's one currently buying LTC in 7.53862 increments on Bitfinex, and selling them in 7.53863 increments on BTC-E (these numbers might change relative to price, just look for a buy order on one and a sell order on the other at around the same amount, and you can spot the bot). Every time the two prices diverge, the bot is effectively equalizing the prices between the two exchanges.
*Edit 4: Wow. Anyone who shorted LTCBTC before January 8th 7th and hasn't covered yet has a loss on their position. Considering how bearish the market has been for a year, i'm shocked.
*Edit 5: Its absurd how hard the market is overcorrecting for the ridiculously low LTCBTC ratio. Litecoin is on its way up right now, I doubt you guys will ever see 160LTC:1BTC ever again, regardless of how low the relative prices go. Arbitrage is an unyielding market force, and bots don't give a damn if someone is trying to manipulate the market or not, they only care about profits. http://i.imgur.com/ZeHKb0m.png?1
submitted by needmoney90 to litecoin [link] [comments]

The "Evaporation in the Price of Bitcoin Theory", why empirical evidence proves it right and why it is likely that evaporation will continue.

Bitcoin as a technology is excellent.
As an investment or store of value there is absolutely no reason to trade at astronomical levels of $400, $300 or $200 and it is more likely that gradually the price will settle in the "tens" of dollars rather than in the "hundreds".
The evaporation in the price of bitcoin that we are witnessing in the last months, from over $1,100 to $300, is supported by empirical evidence. Furthermore, 2 hypotheses support the argument that this evaporation in value is likely to continue.
First: the "increasing acceptance argument". As more and more businesses, consumers and regulators come to understand the genious behind bitcoin as a technology and its great advantages as a distributed asset ledger, more and more will be adopting it. However, the increasing acceptance and adoption of bitcoin is inversely related to its price, given that almost NO BUSINESS keeps the bitcoins it receives from its customers and converts them immediately to cash. Hence, day by day, the inrease in supply of bitcoins in the market will push the price down continously with shor increases in price caused mainly by day-traders.
Second: the "BearWhales argument". There are many early adopters, most of them computers geeks who are not wealthy people or businessmen, usually computer or math guys who were experimenting with digital currencies, who out of the blue became holders of tens of thousands of coins. These people all of a sudden (during 2013 with the phenomenal increase in the price of bitcoin) became millionaires. However, since December 2013 they realised that they are millionaires only "on paper" and unless they cash the coins, their value is going to evaporte. Every now and then BearWhales will make their appearances in the market, like the one we have seen recently, who will dump their coins in thousands in order to cash in before other BearWhales make their move to dump their own coins first. Some of them will realize their coins in a gradual and unnoticeable fashion, as experienced traders do, howeverin other cases the dumping will be done "in a panic mode", in a similar way than the one we have witnessed recently, where the BearWhale, being in a panic mode, unloaded 30,000 coins at once - no experienced trader sells like that.
You may not like what you are reading because you are invested in bitcoin and you have a direct economic interest, however try to re-read this theory with a cold blood and without prejudism and you will realize that it makes a lot of sense and that the evaporation in the price of bitcoin is going to continue.
submitted by Greaseholding to Bitcoin [link] [comments]

'Twas the night before Buttmas (xpost, not mine originally)

'twas the night before christmas, and all through the net, no transactions were processed, not even a bet the miners were hung by the fans with aplomb, in the hopes that they wouldn't be unplugged by mom the manlets were nestled all snug in their chairs, losing their wallets to trojaned warez, and tibanne on his throne, ver on a stick, andreas is drunk and getting vitriolic when suddenly on reddit a new thread is hot, "banks buying bitcoin! they're buying the lot!" no evidence is posted to support this notion, but the upvotes have spoken, and caused a commotion the lines on the graph of the unstable price start rocketing upwards, no more rolling the dice! when suddenly, selling, a red arrow shows some actual volume, and transaction lag grows with this kind of movement, so many orders to fill, they knew it their hearts it was the work of a shill with money to burn thanks to the fed, battle plans formed, and the sticky now said: "now voorhees! now fenton! now, charlie and roger! hang on a minute, who isn't a tax dodger? no matter just buy, the beast isn't picky! quick, give it money, while i start the wiki!" their fortunes depleted, pocket money spent, the older among them investing the rent, personal credit forever in red, but totally worth it, the bearwhale was dead and then, a new message, a reply to a post, some economic analysis from user cum-ghost, the rainbows confusing, the triangles scattered, but it turns out none of that had really mattered utility, value, a wave of the hand, none of this matters to freemen of the land a reminder, he posted, as best as he could: "no matter what happens, for bitcoin it's good!" 
submitted by roidragequit to Buttcoin [link] [comments]

Pessimistic (maybe out of the blue) prediction but I'll give it a go: Bitcoin price will not get above 1000$ again before 2018 if adoption by investors keeps being this unpredictable.

I never believed a 500.000 dollar Bitcoin (like some were predicting) would be a possibility in the next few years but here is my opinion on the short-term future of crypto in general.
It's only because people still have to pay bills in fiat (even the ones that invested much). I think it will depend on the future of the general economy if crypto will gain value. Look at your own personal life for this example.
Right now we have a lot of autoselling by both miners and merchants. So if we do a reality check (just my view): a few million in the world are really invested in crypto. A small percentage has the luxury of hodling large sums in crypto for long term investment. 6 years after development of Bitcoin we are still at the beginning of an new concept.
So the whales or bearwhales we are talking about are just people who did invest a lot and maybe too much and are now really just reconsidering their investments. It will eventually go back up but I think it will always be difficult to predict when raises and drops will happen. Until all the "unstable" hodlers have been weeded out or the economy gets back on track it will be bearish I think.
submitted by Dukekiller to Bitcoin [link] [comments]

The Miraculous Christmas bitcoin song

'twas the night before christmas, and all through the net, no transactions were processed, not even a bet the miners were hung by the fans with aplomb, in the hopes that they wouldn't be unplugged by mom
the manlets were nestled all snug in their chairs, losing their wallets to trojaned warez, and tibanne on his throne, ver on a stick, andreas is drunk and getting vitriolic
when suddenly on reddit a new thread is hot, "banks buying bitcoin! they're buying the lot!" no evidence is posted to support this notion, but the upvotes have spoken, and caused a commotion
the lines on the graph of the unstable price start rocketing upwards, no more rolling the dice! when suddenly, selling, a red arrow shows some actual volume, and transaction lag grows
with this kind of movement, so many orders to fill, they knew it their hearts it was the work of a shill with money to burn thanks to the fed, battle plans formed, and the sticky now said:
"now voorhees! now fenton! now, charlie and roger! hang on a minute, who isn't a tax dodger? no matter just buy, the beast isn't picky! quick, give it money, while i start the wiki!"
their fortunes depleted, pocket money spent, the older among them investing the rent, personal credit forever in red, but totally worth it, the bearwhale was dead
and then, a new message, a reply to a post, some economic analysis from user cum-ghost, the rainbows confusing, the triangles scattered, but it turns out none of that had really mattered
utility, value, a wave of the hand, none of this matters to freemen of the land a reminder, he posted, as best as he could: "no matter what happens, for bitcoin it's good!"
Courtesy of SA user Dex
submitted by unfit_bagel to Buttcoin [link] [comments]

BIG Bitcoin Move Coming Slaying of the BearWhales!! This NEEDS TO HAPPEN!! The Bitcoin Group #51 - Slaying the BearWhale, $50M Funding, Bit License and Saving Journalism Bitcoin History: Slaying of the Bear Whale - Resist and Bite Bitcoin History: The slaying of the BearWhale - YouTube New Bull Market Signal Bitcoin Bearwhale Vanishes as BTC ...

As the value for Bitcoin keeps fluctuating and most people begin selling them rather than holding, more and more engaging … Crypto Ethereum. Ethereum Top 10K Addresses Audit Reveals Surprising Findings. Posted On May 31, 2020 Taha Zafar 0 Amidst all the great news coming from the Ethereum camp, prominent crypto analyst and fund manager Adam Cochran recently posted … Crypto Education Free ... The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around ... In an epic battle, bitcoin believers slayed a $9 million BearWhale on Monday morning. If none of that made sense, here's the skinny: Someone posted a limit order to sell 30,000 bitcoins at $300 ... However, in 2014 there was a named ‘BearWhale’ that started a sale order of 30.000 bitcoins with a value of 8 million euro. The order caused an abrupt fall in the price after which the furious battle broke out between the BearWhale and bitcoin investing enthusiasts. The investors made a positive correction to the price after which the price rose again and the creator causing all this ... Hello. I am the BearWhale. After a series of bad experiences with the banking system, I invested most of my life savings into bitcoin when the price was fairly low, around $8. For years I was a HODLer. I was holding when Trendon Shavers ripped everyone off. I was holding when the price was over a thousand, and I held after MtGox imploded. I believe strongly in Bitcoin’s decentralized promise ...

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BIG Bitcoin Move Coming Slaying of the BearWhales!! This NEEDS TO HAPPEN!!

This video is unavailable. Watch Queue Queue. Watch Queue Queue The BearWhales are controlling the Bitcoin price, and thus the entire crypto markets. They want the price of Bitcoin to keep going down, but the Bitcoin bulls are fightning back, swallowing up ... New #BullMarket Signal? #Bitcoin Bearwhale Vanishes as #BTC Hits $10K #Xeonbit #LiveStream The Bitcoin Group #51 - Slaying the BearWhale, $50M Funding, Bit License and Saving Journalism World Crypto Network. Loading... Unsubscribe from World Crypto Network? Cancel Unsubscribe. Working ... Skip navigation Sign in. Search

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