Post
Topic
Board Speculation
Re: Speculation Rule: buy when others are irrationally pessimistic or too cautious
by
iamnotback
on 10/04/2017, 17:16:41 UTC
https://twitter.com/shaolinfry/status/850995104240336896

A single truth a rumor of Jihan using his power to crush segwit is already crashing the market hard, just like everytime he makes an statement about blocking segwit in BTC and so on.

Im sick of this bullshit, we need to get rid of this idiot. UASF segwit or whatever I don't give a fuck, im sick of a single guy with a ton of mining power crashing markets at will and make millions shorting while doing nothing. This is fucking NUTS.

Ah Chinamen are manipulating the price of LTC, shaking out the weak hands and day traders so they can buy some more LTC cheap.

I also read that LTC1BTC was flashing 700 GH/s on their website. It is a lot of BS lies to manipulate the price.

UASF would fuck the coin because nobody wants to trust a democracy with their money.

Just be patient, the Chinamen want higher prices, they just want to extract the most they can on the way up.

I actually love what these miners are doing. Because they will create huge demand for my altcoin which doesn't use PoW. Many pissed off users/investors are going to looking for something better that miners can't fuck with. The day traders love the volatility.

I suppose someone is making a lot of money off of these segwit hopers. If the sheep react so predictably, the wolf can run rings around them.

Yup.



Re: Blockchain powered internet?

I'm not sure if this exists yet, but if it does, it would totally decentralize the internet.

...

What do you think? Smiley

That is my altcoin project, BitNet.

This has nothing to do with centralization

The databases on the Internet are centralized, e.g. Facebook's DB, Reddit's DB, Bitcointalk's DB, Stackexchange's DB.

All of them must die. Will be replaced with open blockchain.



I don't think that markets are crashing because of the non adoption of segwit. The thing is, bitcoin's speculative market would likely benefit gelreatly if consensus was finally reached. So far though, in spite of the lack of agreement among parties with influence, the price reached ATH levels. This is indicative that speculators don't really care.

I think everyone got excited because they thought @Gmaxwell could slay Bitmain. But now the reality is starting to hit people. Bitcoin is NEVER going to get any more significant changes to its protocol.

Looks to me that BTC is topping out again and another ride down awaits.

Should have traded BTC's top for LTC's recent bottom. Trade it like a seesaw.