Bitcoin Price Tracking & Discussion -- 2017

[mrpapageorgio]

Down around 15%? Wow

People getting into Bitcoin Cash.

[Outsider626]

Damn. Time to sell Bitcoin. Going down big time.

[ChuckyTheGoat]

Vitalik ButerinVerified account @VitalikButerinFollowFollow

@VitalikButerin

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Replying to @BitcoinErrorLog @TokenHash and 14 others
1. I consider BCH a legitimate contender for the bitcoin name. I consider bitcoin's *failure* to raise block sizes to keep fees reasonable to be a large (non-consensual) change to the "original plan", morally tantamount to a hard fork.

[shocka1212]

Damn. Time to sell Bitcoin. Going down big time.

man, y'all need to learn to ride the storm a little.....

[Mac4Lyfe]

man, y'all need to learn to ride the storm a little.....

Talk about guys leaping off the ledge. Damn, They think the market can only go up. Haha

Market manipulators bank their money on fear. They can't wait for the Lemmings to sell off. HODL.

[shocka1212]

Talk about guys leaping off the ledge. Damn, They think the market can only go up. Haha

Market manipulators bank their money on fear. They can't wait for the Lemmings to sell off. HODL.

the volatility gets me excited.. I also leave a balance in my usd wallet to buy during times like earlier tonight.. these markets are so easy to make money with. This is not the lottery or penny stocks by any stretch and anyone who thinking that should probably find something else to invest in.

[Outsider626]

man, y'all need to learn to ride the storm a little.....

I'm just kidding. I'm not selling it. I know it will get back to 20k.

[Mac4Lyfe]

the volatility gets me excited.. I also leave a balance in my usd wallet to buy during times like earlier tonight.. these markets are so easy to make money with. This is not the lottery or penny stocks by any stretch and anyone who thinking that should probably find something else to invest in.

I've seen this in the last year but I've been strictly a buy the dips and not sell. I could have done so much better selling at key thresholds and selling at resistance but I really don't feel like chasing, I do too much of it in stocks.

I do think we could see a dip into $15k but I think the new resistance level will be around $23k. We should see it go higher in the next 2 weeks.

[TheMoneyShot]

Vitalik ButerinVerified account @VitalikButerinFollowFollow

@VitalikButerin

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Replying to @BitcoinErrorLog @TokenHash and 14 others
1. I consider BCH a legitimate contender for the bitcoin name. I consider bitcoin's *failure* to raise block sizes to keep fees reasonable to be a large (non-consensual) change to the "original plan", morally tantamount to a hard fork.

It's info like this that I never give a hard second look. I think majority of this sh#$ is for people to follow (will lose...) and people who go against the grain will win.

I'm pissed off that Bitcoin is dropping... but... it's not an emergency yet.

I also don't trust 70-80% of the articles at CoinDesk. Half the sh#$ is amusement.

The best knowledge is probably within your own self.

[TheMoneyShot]

If it drops below 15k.... might want to get the emergency button warmed up. At least check to see if it's working.

[Brutus84]

I believe litecoin will eventually rise.

[Optional]

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Vitalik ButerinVerified account @VitalikButerinFollowFollow

@VitalikButerin

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[FONT="]Replying to @BitcoinErrorLog @TokenHash and 14 others[/FONT]
1. I consider BCH a legitimate contender for the bitcoin name. I consider bitcoin's *failure* to raise block sizes to keep fees reasonable to be a large (non-consensual) change to the "original plan", morally tantamount to a hard fork.

I agree with that sentiment.

[TheMoneyShot]

I agree with that sentiment.

But... what happens if there's something that fixes this? Right?

Could be as fast as January. We really don't know.

[Optional]

But... what happens if there's something that fixes this? Right?

Could be as fast as January. We really don't know.

There does not appear to be the will to reduce fees/times at BitcoinCore.

I don't pretend to know why or what they are thinking, but can imagine the price trading so high and miners making so much might be seen as proof they have the direction right to them.


I don't really care though. There probably is a place for a store of value crypto like Bitcoin appears to want to be and they probably do udnerstand how to keep the traded price up as well.

What I'd like to see is a decisive move for another crypto to become the default standard for money movement... at least small amounts of money. Retail payments.

Before the market gets convoluted by too many attempting to be the same thing.

[TheMoneyShot]

There does not appear to be the will to reduce fees/times at BitcoinCore.

I don't pretend to know why or what they are thinking, but can imagine the price trading so high and miners making so much might be seen as proof they have the direction right to them.


I don't really care though. There probably is a place for a store of value crypto like Bitcoin appears to want to be and they probably do udnerstand how to keep the traded price up as well.

What I'd like to see is a decisive move for another crypto to become the default standard for money movement... at least small amounts of money. Retail payments.

Before the market gets convoluted by too many attempting to be the same thing.

I agree. I still believe Bitcoin is the favorite to beat. I guess I can't really complain.... in 30 days Bitcoin DOUBLED. 8k to basically 16k.

[bonzaii]

About 3 years back, before I even found this forum, I lost $20,000 betting sports and guess how I funded said sports account? Using bitcoin of course. I just went back and looked at my transactions because of all the activity recently and I would be almost a bitcoin millionaire right now If I would of just left the coin sitting instead of blowing it on sports having no clue what I was doing at the time. I want to hit myself in the face right now.

[The Kraken]

About 3 years back, before I even found this forum, I lost $20,000 betting sports and guess how I funded said sports account? Using bitcoin of course. I just went back and looked at my transactions because of all the activity recently and I would be almost a bitcoin millionaire right now If I would of just left the coin sitting instead of blowing it on sports having no clue what I was doing at the time. I want to hit myself in the face right now.

Id hate to see mine.

Legacy money

[TheMoneyShot]

Wish we had a crystal ball

[achilleas 21]

About 3 years back, before I even found this forum, I lost $20,000 betting sports and guess how I funded said sports account? Using bitcoin of course. I just went back and looked at my transactions because of all the activity recently and I would be almost a bitcoin millionaire right now If I would of just left the coin sitting instead of blowing it on sports having no clue what I was doing at the time. I want to hit myself in the face right now.

Dont blame yourself.You couldnt know this and there are still a lot of oportunities investing in crypto.I wish i could have stop sportsbetting earlier,when i saw that pinnacle started to accept btcs as payments.That was a sign that btc will skyrocket more.That time btc was less than 500 euros as i remember

[TheMoneyShot]

Dont blame yourself.You couldnt know this and there are still a lot of oportunities investing in crypto.I wish i could have stop sportsbetting earlier,when i saw that pinnacle started to accept btcs as payments.That was a sign that btc will skyrocket more.That time btc was less than 500 euros as i remember

And I truly believe these sportsbooks never exchanged all of the Bitcoins coming in. Most of these books probably held em. They are superior rich.

[achilleas 21]

And I truly believe these sportsbooks never exchanged all of the Bitcoins coming in. Most of these books probably held em. They are superior rich.

Thats for 100% sure.I think that pinny was the first big company that accepted btcs as payments.Those guys they know what they are doing.So lets see whats the next coin they will accept and invest on it haha.

[tradeout]

Thats for 100% sure.I think that pinny was the first big company that accepted btcs as payments.Those guys they know what they are doing.So lets see whats the next coin they will accept and invest on it haha.

are you sure pinnacle accepts BTC? it is not in the cashier. or are you referring to an agent?

[achilleas 21]

are you sure pinnacle accepts BTC? it is not in the cashier. or are you referring to an agent?

what i remember is that before 2-3 years you could bet in pinnacle and sbo with btcs.Not sure if only through agent ,maybe you are right

[TheMoneyShot]

This Bitcoin is acting like a no good dirty whore at the moment.

[bonzaii]

Dont blame yourself.You couldnt know this and there are still a lot of oportunities investing in crypto.I wish i could have stop sportsbetting earlier,when i saw that pinnacle started to accept btcs as payments.That was a sign that btc will skyrocket more.That time btc was less than 500 euros as i remember

Yea I know. Back than I didn't even look at it as an investment. Still sucks though. These books if smart must have made a killing.

[Optional]

Yea I know. Back than I didn't even look at it as an investment. Still sucks though. These books if smart must have made a killing.

Most will have done the same as you. Looked at it as money transfer device and not taken on a lot of risk with it.

[TheMoneyShot]

What a nightmare.

[Outsider626]

13k

[jjgold]

Could go under 10k by end of dec

[Outsider626]

10 minutes ago it's 13.2 on Gemini. Now 14.5. Crazy jumping.

[TheMoneyShot]

10 minutes ago it's 13.2 on Gemini. Now 14.5. Crazy jumping.

Amazing comeback. 13k to 14.5k.

[shocka1212]

Id hate to see mine.

Legacy money

dont log into your blockchain account.. I wanna fuckin vomit every time.

[shocka1212]

Could go under 10k by end of dec

old man river.. keep dreaming

[Crusherrr]

Maybe a silly question but what exactly are they planning to do with all these unconfirmed transactions? I remember when seeing 20k and thinking the network was backed up. I've now had a deposit unconfirmed for 5 days at 102 sat/b where if you want to send regular/priority its 1000/1200 now.

[cincinnatikid513]

Most will have done the same as you. Looked at it as money transfer device and not taken on a lot of risk with it.

just curious but wouldn't the books have done really well with bitcoin they accept bit coin deposits and payout bitcoin payouts but we all know players lose more than they win so wouldn't the books accepting bitcoin be crushing it