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ghosTTy
Sep 22, 2008

































(USER WAS PUT ON PROBATION FOR THIS POST)

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jimmyjams
Jan 10, 2001


King Kong of Megadongs
Gobblin' them mega schlongs
Makin' sure they mega long
Stroke' 'em if they mega strong

this is good for bitcoin

Heath
Apr 30, 2008

🍂🎃🏞️💦
Is it about Bitcoin being reined in by some secret cabal or something because I'm not reading all of it

Lambert
Apr 15, 2018

by Fluffdaddy
Fallen Rib
It absolutely is, stock ghostTTY posting.

Sophy Wackles
Dec 17, 2000

> access main security grid
access: PERMISSION DENIED.





Heath posted:

Is it about Bitcoin being reined in by some secret cabal or something because I'm not reading all of it

It’s about bitcoiners crying that their pure and not at all shady bitcoin world got exposed to normal financial markets and now hedge funds can short the gently caress out of it.

spankmeister
Jun 15, 2008






"Bitcoin will really take off once institutional investment gets in"


"Institutional investors are ruining Bitcoin :qq:"

Ardennes
May 12, 2002
Yeah, you don't need a conspiracy to short a bubble in a completely speculative asset.

That said, the declines are starting to peter out and eventually it will reach more of a more narrow price range since there is such low market volume. I guess it is debatable if bitcoin has "another go around" in it left at this point.

Toys For Ass Bum
Feb 1, 2015

https://twitter.com/lawmaster/status/1051577040086949888

naem
May 29, 2011

Pawn 17 posted:

It’s about bitcoiners crying that their pure and not at all shady bitcoin world got exposed to normal financial markets and now hedge funds can short the gently caress out of it.

School Bully not so Tough Since Being Molested

Devian666
Aug 20, 2008

Take some advice Chris.

Fun Shoe
So the tl;dr version of CME bitcoin futures is that; bitcoin is going to Atlantis. So much for the moon.

Ghost Leviathan
Mar 2, 2017

Exploration is ill-advised.

Devian666 posted:

So the tl;dr version of CME bitcoin futures is that; bitcoin is going to Atlantis. So much for the moon.

Posadistcoin.

Aredna
Mar 17, 2007
Nap Ghost
When numbers go down we should instead talk about Satoshis per USD. Currently you can buy (100,000,000/6212.46=) 16,096 Satoshi for 1 USD!

Soon you'll be able to buy 17,000 then 18,000, and so on! And if it all collapses you might even be able to buy a billion for 1 USD again! One BILLION Satoshis! What a deal!

spankmeister
Jun 15, 2008






So loving crash already aaaaa

lazorexplosion
Mar 19, 2016


:ohdear:

Toys For Ass Bum
Feb 1, 2015

Tether collapsing is making Bitcoin shoot up on Bitfinex.
Now $500 more expensive than on the other exchanges :supaburn:

edit; $800 now

Toys For Ass Bum fucked around with this message at 07:47 on Oct 15, 2018

Tashilicious
Jul 17, 2016

by Jeffrey of YOSPOS
holy poo poo

So, how many weeks until the whole rotten tower collapses dyathink

jimmyjams
Jan 10, 2001


King Kong of Megadongs
Gobblin' them mega schlongs
Makin' sure they mega long
Stroke' 'em if they mega strong

Tashilicious posted:

holy poo poo

So, how many weeks until the whole rotten tower collapses dyathink

bitcoin collapsing can only be good for bitcoin

lazorexplosion
Mar 19, 2016

I like how tether collapsing vs bitcoin causes enough of the less-than-gifted bitcoin traders to think "number go up!" so they decide now is a great time to pay more actual USD for bitcoin even though it's loving horrible news.

Toys For Ass Bum
Feb 1, 2015

loving drat
$7700 on Bitfinex
$6700 everywhere else
Tether down to $0.92

lazorexplosion
Mar 19, 2016

Tether touches 0.85

Tashilicious
Jul 17, 2016

by Jeffrey of YOSPOS
Holy loving poo poo.
Holy loving poo poo.

It's a run on the bitbank.

I would blow Dane Cook
Dec 26, 2008
1USDT = 1USDT

quote:

What the hell is going on?
Apparently there are Scam rumours for Tether and that all USDT pairs will be delisted from Binance is there any substance to it?

That’s why all USDT pairs are pumping because everyone wants to get out of USDT.

Looks like this is a short lived pump, is it?

Apparently Kucoin suspended tether deposits and withdrawals. Not sure if that’s the cause of this chaos or a consequence. https://www.google.de/amp/s/bitcoinexchangeguide.com/kucoin-crypto-exchange-temporarily-suspends-tether-usdt-withdrawals-and-deposits/amp/



https://www.reddit.com/r/CryptoCurrency/comments/9oa9iz/what_the_hell_is_going_on/

I would blow Dane Cook fucked around with this message at 08:09 on Oct 15, 2018

ephex
Nov 4, 2007





PHWOAR CRIMINAL
New bullmarket confirmed. 150k bitcoin next

wid
Sep 7, 2005
Living in paradise (only bombed once)

jimmyjams posted:

bitcoin collapsing can only be good for bitcoin

It's becoming more affordable buy buy buy

Toys For Ass Bum
Feb 1, 2015

https://www.blockchain.com/en/btc/unconfirmed-transactions

Looks like the blockchain is getting a bit clogged up

gary oldmans diary
Sep 26, 2005
tether collapsing? how is that possible when each tether is "backed" (not backed at all) by exactly 1 actual us dollar that exists (does not exist) that it can be redeemed for (by anyone except the guy printing them)

Post poste
Mar 29, 2010
For future reference, we were just able to watch it go from 2000ish unconfirmed transactions to 3000+ unconfirmed transactions in about five minutes.

Not too familiar with the rate myself, but that sounds... bad.

Papa Was A Video Toaster
Jan 9, 2011






Number go UP!

Tashilicious
Jul 17, 2016

by Jeffrey of YOSPOS

Post poste posted:

For future reference, we were just able to watch it go from 2000ish unconfirmed transactions to 3000+ unconfirmed transactions in about five minutes.

Not too familiar with the rate myself, but that sounds... bad.

It's wild, it's almost at 5k now.

EDIT: and now 6K


this is good for shitcoin

Tashilicious fucked around with this message at 11:05 on Oct 15, 2018

Papa Was A Video Toaster
Jan 9, 2011





Tashilicious posted:

It's wild, it's almost at 5k now.

EDIT: and now 6K


this is good for shitcoin

Bitcoin is over 7K again!

But what about that goon's rear end?

Tashilicious
Jul 17, 2016

by Jeffrey of YOSPOS
2K transactions just cleared, but it's going to keep climbing like stupid.

ephex
Nov 4, 2007





PHWOAR CRIMINAL
https://twitter.com/eurtprinter/status/1051784317129687041?s=19

SelenicMartian
Sep 14, 2013

Sometimes it's not the bomb that's retarded.

11k

Tashilicious
Jul 17, 2016

by Jeffrey of YOSPOS

it hit 11 k before then a bunch got cleared. its in that kind of pattern now. Several thousan get cleared but they come in so fast that it builds back up to the original amount really fast and then just keeps going.

SelenicMartian
Sep 14, 2013

Sometimes it's not the bomb that's retarded.

12.5k.

Yes, that's clearly a replacement for Visa et al.

Lambert
Apr 15, 2018

by Fluffdaddy
Fallen Rib
Bitcoin transactions get processed every ~10 minutes, that's when a bunch get cleared.

Nybble
Jun 28, 2008

praise chuck, raise heck
During the run-up, Bitcoin was around 150k-250k transactions at times for entire weeks. https://jochen-hoenicke.de/queue/#0,all - I believe Coinbase fixed something and most of the problems went away?

Not that it isn't absolutely nuts that it can't handle more than few transactions relative to a real payment network of course, lol

ymgve
Jan 2, 2004


:dukedog:
Offensive Clock
Coinbase did gently caress all, what «saved» bitcoin was the price crash which killed the hype

divabot
Jun 17, 2015

A polite little mouse!
I wrote up what the arsing gently caress is up with the 85-cent dollars called Tethers today.

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Tenzarin
Jul 24, 2007
.
Taco Defender
And I came here for a bitcoin ghost story.

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