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> Bitcoin just surpassed gold @ $1175, other alts pumping super hard too

How soon will it surpasses gold?
 
Tomorrow morning [ 3 ] ** [10.00%]
Next week [ 1 ] ** [3.33%]
Next month [ 3 ] ** [10.00%]
Pop already you stinking bubble [ 23 ] ** [76.67%]
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TruthHurts
post Jan 5 2017, 12:32 PM

On my way
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QUOTE(WooTz @ Jan 5 2017, 12:27 PM)
Very fascinating to watch the entire space glowing with green, well except ripple....

[attachmentid=8360065]
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I don't understand .. How bit currency stock works ? They all trade in bit currency but all have different value. hmm.gif


strace
post Jan 5 2017, 12:38 PM

Ayy
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someone just liquidated 100k bitcoin short position, thats why it went up even higher

user posted image
TSWooTz
post Jan 5 2017, 12:39 PM


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QUOTE(TruthHurts @ Jan 5 2017, 12:32 PM)
I don't understand .. How bit currency stock works ? They all trade in bit currency but all have different value. hmm.gif
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Bitcoin is a Blockchain, the others run their own Blockchain with their own specific parameters.

I wouldn't call these stocks, you own actual tokens without any intermediaries. We should expect vertical ascension within a week, many new millionaires will be born.
santik
post Jan 5 2017, 12:41 PM

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Well, how do you make Bitcoin to Currency exchange?
Any online payment provider does it?
Dead_Arrow
post Jan 5 2017, 12:53 PM

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just wandering, now bitx price is 1btc = rm2925. i buy btc in bitx and then transfer to xbit asia. and sell it with price 1btc = rm5104. is that possible?

TSWooTz
post Jan 5 2017, 10:54 PM


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China's influence is unmatched, I can't wait to get off Mr. Yuan's wild ride.

Ethereum needs to decouple from this nonsense.

Status and other promising dapps can't get off alpha soon enough.

[attachmentid=8364423]
dagnarus
post Jan 6 2017, 10:54 AM

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Laosai sudah...
TSWooTz
post Jan 7 2017, 11:52 AM


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[attachmentid=8369669]

Ouch! It'll be hard to recover from such a drop.

Meanwhile Project oaken and Status just made me super bullish on Ether.

Time is running out Bitcoin!


Jinglexo
post Jan 7 2017, 11:58 AM

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What is Bitcoin? I can't understand from reading thru the net. How to use Bitcoin? Never see merchants accept that
TSWooTz
post Jan 7 2017, 12:08 PM


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QUOTE(Jinglexo @ Jan 7 2017, 11:58 AM)
What is Bitcoin? I can't understand from reading thru the net. How to use Bitcoin? Never see merchants accept that
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Bitcoin is 8 year old software money. Better to just watch from one side to be honest, Chinese here Chinese there and the price plummets, dragging other potential projects along with it.

I'd rather wait for Status beta and personally show you the true potential of such tech.

Or you could try out the buggy yet game changing alpha release on Android devices, be mindful it's testnet Ether, no value whatsoever.

We are looking at poverty eradication and other mindblowing possibilities. Within this year I hope.

This post has been edited by WooTz: Jan 7 2017, 12:16 PM
bl@ze
post Jan 7 2017, 12:11 PM

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Another pump and dump by the whales
TSWooTz
post Jan 7 2017, 12:15 PM


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QUOTE(bl@ze @ Jan 7 2017, 12:11 PM)
Another pump and dump by the whales
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Actually it's more like USDCNY action and the warnings given to Chinese exchange.

I thought Bitcoin is meant to be used worldwide without central authority! Why China has so much influence!

This post has been edited by WooTz: Jan 7 2017, 12:27 PM
cikalakacikaci
post Jan 7 2017, 12:22 PM

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ini agenda yahudi merosakkan matawang
owai
TSWooTz
post Jan 7 2017, 12:24 PM


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QUOTE(cikalakacikaci @ Jan 7 2017, 12:22 PM)
ini agenda yahudi merosakkan matawang
owai
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Agenda tongsan, They want South China Sea and world money! Greedy bunch I tell you.
archangel22
post Jan 7 2017, 03:32 PM

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QUOTE(WooTz @ Jan 7 2017, 12:15 PM)
Actually it's more like USDCNY action and the warnings given to Chinese exchange.

I thought Bitcoin is meant to be used worldwide without central authority! Why China has so much influence!
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im not a btc-fan, but the concept is very easy to understand, im still trying to find a flaw.
and i think youre too early for a conclusion about the central authority.

or are you trying to build a narrative, so people get attracted to this ETH? (looking at your profile pic)
TSWooTz
post Jan 7 2017, 03:36 PM


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QUOTE(archangel22 @ Jan 7 2017, 03:32 PM)
im not a btc-fan, but the concept is very easy to understand, im still trying to find a flaw.
and i think youre too early for a conclusion about the central authority.

or are you trying to build a narrative, so people get attracted to this ETH? (looking at your profile pic)
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Chinese mining cartels delaying/blocking any forms of scaling, Chinese dominance in trading. That screams central authority.

I'm just trying to educate what's really going on in the Ethereum scene. We're going to have annoucements regarding Enterprise adoption this coming Monday.

Bitcoin can only dream of getting that far in 8 years, let alone within Ethereum's 17 months of existence.

You can figure out the rest. I hate seeing bagholders when the tide turns.
SUSKLboy92
post Jan 7 2017, 03:44 PM

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QUOTE(TruthHurts @ Jan 5 2017, 06:32 AM)
Bit coin base on what ??
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QUOTE(WooTz @ Jan 5 2017, 06:41 AM)
I can say the same to fiat currencies! faith and confidence!
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gold based on what...? brows.gif
archangel22
post Jan 7 2017, 05:08 PM

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QUOTE(lucifart @ Jan 7 2017, 03:45 PM)
The flaw very simple...wut these bitcoin dumbass keep thinking is that bitcoin cant be manipulated which is proven to be super flawed time & time again...anyway even let say bitcoin somehow through magic can't be manipulated...all gov have to do is to comeout with bitdollar blockhain tech and say all merchant will now accept this... bitcoin will straight mati liao...elibody will jump ship because wuts the use of bitcoin if u cant spend it whistling.gif my point is manipulation x1000 whistling.gif
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then i will say that you only see bitcoin as money/wealth, not from its use case or its effect in an economy.

when you say super flawed time & time again, theres a btc-owner will say super flawless time & time again. laugh.gif

to come up with gov own bitdollar is possible, everyone can create their own altcoin i suppose. ooh hey Msian gov dont have to create own blockchain, very soon you can only pay things with Paywave/Mydebit/credit card, no more cash. Thats also a cryptocurrency, an altcoin alrdy, called MYR (USD or whatever).

will straight mati or not only time can tell. it's currently co-exist now anyway without you even knowing.
TSWooTz
post Jan 7 2017, 05:25 PM


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QUOTE(archangel22 @ Jan 7 2017, 05:08 PM)
then i will say that you only see bitcoin as money/wealth, not from its use case or its effect in an economy.

when you say super flawed time & time again, theres a btc-owner will say super flawless time & time again.  laugh.gif

to come up with gov own bitdollar is possible, everyone can create their own altcoin i suppose. ooh hey Msian gov dont have to create own blockchain, very soon you can only pay things with Paywave/Mydebit/credit card, no more cash. Thats also a cryptocurrency, an altcoin alrdy, called MYR (USD or whatever).

will straight mati or not only time can tell. it's currently co-exist now anyway without you even knowing.
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I don't think you understand the point of crypto/Blockchain in that sense. Here's a snippet from wiki itself.

QUOTE
Blockchain technologies go beyond transactions and "exchange of value without powerful intermediaries acting as arbiters of money and information". They are expected to enable excluded people (BILLIONS) to enter the global economy, enable the protection of privacy and people to "monetize their own information", and provide the capability to ensure creators are compensated for their intellectual property.

Second-generation blockchain technology makes it possible to store an individual's "persistent digital ID and persona" and are providing an avenue to help solve the problem of social inequality by "[potentially changing] the way wealth is distributed."


uport integration with Status does exactly that, and it's coming fast.

Even more reason to wait for the imminent announcement and let the code talk.

I almost feel bad for the maximalists, almost.

This post has been edited by WooTz: Jan 7 2017, 05:34 PM
archangel22
post Jan 7 2017, 05:38 PM

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QUOTE(lucifart @ Jan 7 2017, 05:24 PM)
Ok lah like u said only time will tell...buutttttt -200 usd drop in less than 1 day is very unstable for any ecomomic purpose...wut I mean for eg... Let say I brave enuf start accepting 1 bittcoin for a product...tomorrow it -200 usd laugh.gif doh.gif anyway like u said time tell all
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of course i'll be disappointed cry.gif

but who told you do intra day trading anyway? its volatile bcse i think people are still appraising its value and figuring out the use case. just like first time people discover gold. you lost USD 200 only after you convert to fiat.

you cant make that arguement bcse someone is still profit even if it drop to $500, bcse they bought it even below $100. it'll go down to the point where the bottom figure, whatever it is, will be the actual market cap where people actually using bitcoin to buy/sell something.

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