Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. johnarb

    johnarb

    I'm at a loss for words, or maybe I'm being trolled. It's possible you don't understand how bitcoin works, I'll give you the benefit of the doubt. All my statements are saying the same thing, it's decentralized which contradicts what you're saying about crowd control over any individual's actions/decisions

    [Someone can prove ownership of an address that may contain a certain amount of bitcoin through private keys signature process, but there would have to be a purpose to it. In this forum, that effort would go over many heads. That whole topic is an aside to the other point but it's part of the 2nd sentence you seem to be harping on, which is when called upon to prove a statement, this process is the method to go about it.]
     
    #1451     Feb 2, 2018
  2. Pekelo

    Pekelo

    Let's leave the non-existing fundamentals talk alone, 26 hours ago someone said....

    We already bounced up to almost 9K, if anybody was interested in making 10% daily...
     
    #1452     Feb 2, 2018
  3. johnarb

    johnarb

    I'll be glad to, as long as no one makes false statements. :D

    Back to price. All the celebrations have stopped for some reason. I did say "please" short the CME or CBOE bitcoin futures to these guys, but I doubt any of them did :banghead:
     
    #1453     Feb 2, 2018
  4. schweiz

    schweiz

    I am not the only one who is always repeating the same thing. :D

    Yes I made already more today then what the bitcoin had to offer... again... :p
     
    #1454     Feb 2, 2018
  5. johnarb

    johnarb

    Congrats!

    It's like sports teams. I'm rooting for the cryptos team and I have money on the line, but the other guys rooting against my cryptos team, they have nothing on the line. I just don't think it's fair, ya know? :rolleyes:
     
    #1455     Feb 2, 2018
  6. Tibster

    Tibster

    I wasn't talking about actual burning of people, but comments on bitcoin forums. I'm not sure why the decentralization part came in. All I know is you both argued I didn't know what Bitcoin was and then proceeded to claim nobody can prove that anyone knows or not what Bitcoin is.
     
    #1456     Feb 2, 2018
  7. S2007S

    S2007S


    Of course I buy such a small amount of shares and it skyrockets...go figure...if I bought 5000 shares it would have collapsed to $8
     
    #1457     Feb 2, 2018
  8. johnarb

    johnarb

    In a decentralized system, such as bitcoin, the crowd that you're referring to has no way to know whether someone is selling or has sold. Your whole post was made for sensationalism, but in reality has no substance, due to, wait for it, decentralization.

     
    #1458     Feb 2, 2018
  9. schweiz

    schweiz

    Why should I do what you do? Trading or HODL bitcoins is for me pure stupidity, so it is logical that I have nothing on the line. At least not in bitcoins. It is not forbidden to have an opinion without having coins. It would even not be logic. Why wouldn't it be fair?
     
    #1459     Feb 2, 2018
  10. Tibster

    Tibster

    Of course they have no way to know, because the selling happens on an exchange which do not settle trades to the blockchain. By the time you sell on the exchange, your coins are in some exchange controlled wallet and no longer tied to anyone's wallet. Decentralization has nothing to do with it because not being to see everyone's trade is an exchange feature, not a bitcoin feature. Just in case, it's a Ripple/Stellar feature, but this is not about these coins.

    The burning happens when sellers voluntarily say so on public forums. I figured that bit was obvious, but in retrospective, I guess that was a mistake.
     
    #1460     Feb 2, 2018