Bitcoin Price Tracking & Discussion -- 2017

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  • Otters27
    BARRELED IN @ SBR!
    • 07-14-07
    • 30749

    #1226
    Don't understand why ether is stagnant
    Comment
    • JAKEPEAVY21
      BARRELED IN @ SBR!
      • 03-11-11
      • 29235

      #1227
      holy crap it's blowing up right now

      $5772
      Comment
      • big joe 1212
        SBR Posting Legend
        • 06-01-08
        • 19380

        #1228
        Holy sheet!
        Comment
        • JAKEPEAVY21
          BARRELED IN @ SBR!
          • 03-11-11
          • 29235

          #1229
          the way it's steaming, it might hit 6k by the stroke of midnight
          Comment
          • semibluff
            SBR MVP
            • 04-12-16
            • 1515

            #1230
            Up $1000 in a day.
            Comment
            • big joe 1212
              SBR Posting Legend
              • 06-01-08
              • 19380

              #1231
              I purchased 1k on Monday, up to 1250 now. Won't be available until tomorrow and then get another 10% with heritage
              Comment
              • MeanPeopleSuck
                SBR Wise Guy
                • 04-29-17
                • 950

                #1232
                Originally posted by bitcoinLuke
                Lol, you mad you look like a fool? "I'll bet my dik it'll never reach 5k again"
                If you've never made a crypto statement that looks stupid later, then you haven't been trading very long.
                Comment
                • MeanPeopleSuck
                  SBR Wise Guy
                  • 04-29-17
                  • 950

                  #1233
                  Originally posted by Otters27
                  Don't understand why ether is stagnant
                  It's not just ETH. Click the BTC tab to see the sea of red for practically every alt: https://poloniex.com/exchange#usdt_btc

                  Most alts are even down vs USD, which is very unusual when BTC's soaring.

                  FWIW, the majority opinion is that today's action represents some large institutional buyer/s buying into BTC before the upcoming hard forks, although IMHO, they're going to be very disappointed in the price of their Bitcoin Gold (BTG).
                  Comment
                  • MeanPeopleSuck
                    SBR Wise Guy
                    • 04-29-17
                    • 950

                    #1234
                    Originally posted by trytrytry
                    to the moon
                    Hey, Triple T, nice to see ya, buddy!

                    Yesterday I almost posted the excellent story about how you scooped the universe during the last hard fork, learning that BCH had been delivered to Bittrex, but I was too tired.

                    Are we gonna be hf buddies again when block 494,784 gets mined? That was fun and profitable.
                    Comment
                    • QuantumLeap
                      SBR Hall of Famer
                      • 08-22-08
                      • 6878

                      #1235
                      Comment
                      • MeanPeopleSuck
                        SBR Wise Guy
                        • 04-29-17
                        • 950

                        #1236
                        Comment
                        • goofyre
                          SBR MVP
                          • 04-20-10
                          • 1933

                          #1237
                          Finally Ethers turn to go up!!
                          Comment
                          • JAKEPEAVY21
                            BARRELED IN @ SBR!
                            • 03-11-11
                            • 29235

                            #1238
                            Originally posted by goofyre
                            Finally Ethers turn to go up!!
                            yep, nice spike!!
                            Comment
                            • swordsandtequila
                              SBR Hall of Famer
                              • 02-23-12
                              • 9758

                              #1239
                              Originally posted by MeanPeopleSuck
                              Fify
                              Comment
                              • Mac4Lyfe
                                SBR Aristocracy
                                • 01-04-09
                                • 48366

                                #1240
                                Originally posted by Mac4Lyfe
                                Buy the dips, sell the highs. This is not rocket science folks. BTC will get to $10k sooner not later.
                                Bump...
                                Comment
                                • Sam Odom
                                  SBR Aristocracy
                                  • 10-30-05
                                  • 58063

                                  #1241
                                  Sammy's Nitro accts are liking this
                                  Comment
                                  • shocka1212
                                    SBR Posting Legend
                                    • 10-06-12
                                    • 16788

                                    #1242
                                    buying some eth.... gotta diversify a little.
                                    Comment
                                    • Sam Odom
                                      SBR Aristocracy
                                      • 10-30-05
                                      • 58063

                                      #1243
                                      an alternative view of November Hard Fork

                                      Comment
                                      • USCPHILLYGUY
                                        SBR Posting Legend
                                        • 12-15-12
                                        • 21744

                                        #1244
                                        5713
                                        Comment
                                        • ChuckyTheGoat
                                          BARRELED IN @ SBR!
                                          • 04-04-11
                                          • 36974

                                          #1245
                                          Where's the fuckin power box, Carol?
                                          Comment
                                          • MeanPeopleSuck
                                            SBR Wise Guy
                                            • 04-29-17
                                            • 950

                                            #1246
                                            Originally posted by Mac4Lyfe
                                            Bump...
                                            Yeah, but "buy the dips" is easier said than done. On the day BTC crashed to $3000 last month, I posted several times here at SBR that I was buying and recommended others buy too, and got replies ranging between crickets to FUD.

                                            Another example of how "buy the dips" is easier said than done is it implies you also have to sell the peaks. I've been selling this peak, but I've again noticed a lack of others racing to do the same. Have you?
                                            Comment
                                            • MeanPeopleSuck
                                              SBR Wise Guy
                                              • 04-29-17
                                              • 950

                                              #1247
                                              Originally posted by ChuckyTheGoat
                                              LOL
                                              Comment
                                              • MeanPeopleSuck
                                                SBR Wise Guy
                                                • 04-29-17
                                                • 950

                                                #1248
                                                Originally posted by Sam Odom
                                                an alternative view of November Hard Fork

                                                https://bitcoin.org/en/alert/2017-10-09-segwit2x-safety
                                                You gotta consider the source. Of course Core's going to say nothing but bad things about an improvement it's fought tooth and nail for 2 years.

                                                Besides, if they want to sell me their B2X, I'm happy to buy it from them on Bitfinex's futures market, right now, today.
                                                Comment
                                                • mrpapageorgio
                                                  SBR MVP
                                                  • 09-07-17
                                                  • 2974

                                                  #1249
                                                  Originally posted by MeanPeopleSuck
                                                  You gotta consider the source. Of course Core's going to say nothing but bad things about an improvement it's fought tooth and nail for 2 years.

                                                  Besides, if they want to sell me their B2X, I'm happy to buy it from them on Bitfinex's futures market, right now, today.
                                                  What is their (Core's along with other groups supporting them) issue with this hard fork coming up? The main concern I've seen (that seems to be the least philosophical) is the claim that it will cost more to store the transactions in the blockchain being 2MB in size which may hurt the decentralization goal if only the big boys can afford to store the ledgers. I can at least see this as an argument that should be addressed; however, there are some people that are strictly against it from a philosophical stand point claiming that these forks weren't in Satoshi's vision when he created Bitcoin, yada yada yada. What is with some of these philosophical arguments against the fork? If you want widespread adoption and use, you have to figure out a way to make the transactions faster without severely increasing the fees. And right now, it seems the most logical way is to increase the block size so more transactions can be processed in one block.

                                                  Right now, it seems to me core is arguing that they want to prevent the crowded 2 lane highway becoming a 4 lane highway because it wasn't what the original developers wanted.
                                                  Last edited by mrpapageorgio; 10-15-17, 02:43 AM.
                                                  Comment
                                                  • MeanPeopleSuck
                                                    SBR Wise Guy
                                                    • 04-29-17
                                                    • 950

                                                    #1250
                                                    Originally posted by mrpapageorgio
                                                    What is their (Core's along with other groups supporting them) issue with this hard fork coming up? The main concern I've seen (that seems to be the least philosophical) is the claim that it will cost more to store the transactions in the blockchain being 2MB in size which may hurt the decentralization goal if only the big boys can afford to store the ledgers. I can at least see this as an argument that should be addressed; however, there are some people that are strictly against it from a philosophical stand point claiming that these forks weren't in Satoshi's vision when he created Bitcoin, yada yada yada. What is with some of these philosophical arguments against the fork? If you want widespread adoption and use, you have to figure out a way to make the transactions faster without severely increasing the fees. And right now, it seems the most logical way is to increase the block size so more transactions can be processed in one block.

                                                    Right now, it seems to me core is arguing that they want to prevent the crowded 2 lane highway becoming a 4 lane highway because it wasn't what the original developers wanted.
                                                    Howdy, Georgio,

                                                    Heh, yeah, this is actually the continuation of a 1.5 year civil war fought over the best way to make bitcoin transactions faster and to reduce fees (scalability). The problem was the original maximum block size was set very low, only 1mb, and transactions were so numerous now that every block's bursting at the seams, so how do we fix it?

                                                    On one side was Bitcoin Core, the original BTC development team, and their supporters who believed the 1mb block maximum could be fixed using SegWit, a way to more efficiently arrange the transactions within each block but without raising the block size. Their greatest fear was that a hard fork of bitcoin (dividing bitcoin into 2 different coins) would destroy its value.

                                                    The other side, which came to be called Bitcoin Unlimited, believed that any upgrade in efficiency was, at best, just a temporary solution since if BTC transactions continue to expand, then eventually the 1mb size would have to be shattered by anyway. We called for an immediate hard fork, with the new coin being designed without any limit as to how large its block size might eventually become (the "Unlimited" part in the name).

                                                    Anyway, the war got crazy ugly, way worse than anyone wanted, and dragged on for 1.5 years until last May, when Core was largely victorious with an armistice agreement called SegWit2x. They got SegWit immediately and BU got a hard fork in November to 2mb sized blocks, but without the ability to expand blocks beyond 2mb if btc transactions continue growing.

                                                    To be fair, Core was right about SegWit: it has worked very well. But that's had the negative effect in some circles of folks wanting to renege on doubling the block size (the "2x" part of SegWit2x) in November.

                                                    Anyway, if you ask a bitcoiner what he thinks of BCH and B2X -- both coins arising from the BU movement -- his opinion is likely to be the same: he'll either like both or hate both depending on which side he fought for in the war.
                                                    Comment
                                                    • MeanPeopleSuck
                                                      SBR Wise Guy
                                                      • 04-29-17
                                                      • 950

                                                      #1251
                                                      Is anybody else evaluating prices to buy back in? If so, what prices are you thinking?

                                                      I just set buys at 5240, 5040, 4740 and 4440, but those choices are based on absolutely nothing, so if anybody's got any opinions, I'm all ears.

                                                      I suck at picking bottoms, so as a defense mechanism I'm forced to dollar cost average across multiple numbers.
                                                      Comment
                                                      • ChuckyTheGoat
                                                        BARRELED IN @ SBR!
                                                        • 04-04-11
                                                        • 36974

                                                        #1252
                                                        MPS, I like your setup. Good luck, pal.
                                                        Where's the fuckin power box, Carol?
                                                        Comment
                                                        • Sam Odom
                                                          SBR Aristocracy
                                                          • 10-30-05
                                                          • 58063

                                                          #1253
                                                          blockchain is congested and very slow this morning
                                                          Comment
                                                          • Sam Odom
                                                            SBR Aristocracy
                                                            • 10-30-05
                                                            • 58063

                                                            #1254
                                                            Originally posted by Sam Odom

                                                            blockchain is congested and very slow this morning

                                                            been over an Hr

                                                            have 2 incoming and 1 outgoing

                                                            none have moved - 'stuck' in blockchain
                                                            Comment
                                                            • shocka1212
                                                              SBR Posting Legend
                                                              • 10-06-12
                                                              • 16788

                                                              #1255
                                                              $5977.. holy sh*t
                                                              Comment
                                                              • Sam Odom
                                                                SBR Aristocracy
                                                                • 10-30-05
                                                                • 58063

                                                                #1256
                                                                heavy activity
                                                                Comment
                                                                • shocka1212
                                                                  SBR Posting Legend
                                                                  • 10-06-12
                                                                  • 16788

                                                                  #1257
                                                                  So close to 6k
                                                                  Comment
                                                                  • milwaukee mike
                                                                    BARRELED IN @ SBR!
                                                                    • 08-22-07
                                                                    • 26914

                                                                    #1258
                                                                    flew right through 6k... up to 6060 as i type

                                                                    betonline put this on the board today, i think there might be value on the over

                                                                    Bitcoin
                                                                    Bitcoin Price on December 31st 2017
                                                                    12:00 PM 99901 Over $7,250 +165
                                                                    99902 Under $7,250 -205
                                                                    Comment
                                                                    • shocka1212
                                                                      SBR Posting Legend
                                                                      • 10-06-12
                                                                      • 16788

                                                                      #1259
                                                                      I think over as well... I have a big check coming in in the next few weeks. Throwing it all into btc eth
                                                                      Comment
                                                                      • USCPHILLYGUY
                                                                        SBR Posting Legend
                                                                        • 12-15-12
                                                                        • 21744

                                                                        #1260
                                                                        Any US Non Pro who doesn't take advantage of SBR selling Bitcoin now should have their head examined....ITS FREE MONEY

                                                                        my initial investment through BET POINTS is now up 42% SINCE 9/10
                                                                        Comment
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