Go Home, Bitcoin, You're Drunk!

[MeanPeopleSuck]

It's late, you're drunk, and you're not making sense, so it's time to go home, Bitcoin.

1. A month ago (4/17), BTC was around $1400.

2. Then a runup, for no good reason, to crossing $2k a week ago. We cheered.

3. Then an instant spike following a Compromise in the scaling debate led to $2700 two days ago. We cheered again.

4. Then, for absolutely no reason, a mega crash followed, knocking BTC back down to $1900, which is about where it is as I type this. We wept.

At the risk of stating the obvious, that makes very little sense.

My conclusion: Bitcoin's drunk and needs to go home.

[themike78]

I hope it crashes to zero. Bitcoin sucks. I'm waiting on a transaction now and my wallet says confirmation in about 75 hours. Fuk Bitcoin. Worst invention ever.

[MeanPeopleSuck]

I hope it crashes to zero. Bitcoin sucks. I'm waiting on a transaction now and my wallet says confirmation in about 75 hours. Fuk Bitcoin. Worst invention ever.

Heh, I'll admit, BTC's not for everyone. But it's weird that your wallet's making a prediction for when confirmation might come, since it has no say over that process. Is it just guessing based on your (presumably very light) fees?

Do you have the blockchain link? If y, post it and we can at least sniff out the fees that were sent.

[raiders72001]

It's late, you're drunk, and you're not making sense, so it's time to go home, Bitcoin.

1. A month ago (4/17), BTC was around $1400.

2. Then a runup, for no good reason, to crossing $2k a week ago. We cheered.

3. Then an instant spike following a Compromise in the scaling debate led to $2700 two days ago. We cheered again.

4. Then, for absolutely no reason, a mega crash followed, knocking BTC back down to $1900, which is about where it is as I type this. We wept.

At the risk of stating the obvious, that makes very little sense.

My conclusion: Bitcoin's drunk and needs to go home.

Ugly night for sure.

[MeanPeopleSuck]

Ugly night for sure.

Yep, I'm knee deep in my own blood.

Is the crash tempting you towards margin? Crashes always tempt me, but this 'crash' is only to what would've been an all time high 10 days ago, so I'm (so far) resisting the urge. But if it keeps falling....

[themike78]

Heh, I'll admit, BTC's not for everyone. But it's weird that your wallet's making a prediction for when confirmation might come, since it has no say over that process. Is it just guessing based on your (presumably very light) fees?

Do you have the blockchain link? If y, post it and we can at least sniff out the fees that were sent.

No. High fees were sent with it. It was a payout from a book. I tried that viabtc thing and it actually worked I think. I finally got 1 confirmation 24 hours after it went to blockchain.

[jjgold]

It cannot go up everyday

lol amateur hr

[MeanPeopleSuck]

It cannot go up everyday

lol amateur hr

Are you calling ME an amateur when it comes to crypto? Because, no offense, but your questions and comments on crypto centric threads would be a lot more likely to get yourself painted with that label.