So, did bitfinex provide evidence or is tether a scam?

I think such a collapse would significantly change the price reality. Clearly, few hundred million injected in the market at moments of long bear run would change bear into bull. Then you step out slowly to reenter again for another bull. This is much more than 2bn. Thisnwould inflate the whole crypto

I find it simple enough. Remember: people buying dcorp are investing in venture capital. Some sophistication and understanding on type and use of token is important. This is not a pump/dump shitcoin, but a hodl coin.
I am sure you will appreciate the existence of drps when it pays dividends from the derivatives exchange

Well, if i wanted to buy, today would be 1/3 of the price i saw when I first posted.

But no, i will not buy. Eos is making owner too rich, no need to mkae him richer

Having lost a great deal of money last month; i still belirvr some alternste blockchains will survivr. Actually, I believe there will be more than thousands.

Why? The solution space offered by blockchain is too wide for a single dedicated solution.

We have scams/shitcoins yes. I would put 90% of icos in scam category. But imagine the other 10%. They develop niche solutions that end up generating revenues... they have a reason to survive.

As bitcoin opened the way, and sets gold standard, we can go beyond that in time. It would be great not doing that with icos but just community efforts. However, ico brings cash together for a core developer team.

Any argument calling all altcoins scam/shit is wrong. Consensus creates the value.

I count more than 20 coins that have some sort of a future that I am very confident in. I also count about 20 that i am not sure, except they are not scams. Then i know of about 200 coins that are scams. Another 500+ i have no idea about... so, genrally speaking they are shit, correct. But not all.

People should stop creating shitcoins. We need consumer apps. We need stuff that generate revenues and justify their value.

Which coin actually generates revenues?

Yeah. I was supposedly spread out. Btc/altcoins. All down the drain

If i had more cash i would buy now. I just dont have the cash:(

I wish i had cash to buy in now.
My cash is already in coins.

It is painful, but necessary for making coins mainstream

Really? I did not sell, no. Only thing I learned somewhat is I dont sell when we crash. I sell when it is going up. I can imagine we take another 20% hit. I can also imagine we will be above these levels in august already. So I buckle up and just work as usual for my money

Guys, I am officially loss making as of now. This is going deep. Anyone else lost big amounts? (It is relative to your own total wealth/income)

This is no corrections. There is blood on the streets.

This is a crash.

Lets see when it recovers.

World will be different by the time it is tradable

I like the fact that bitcoin has no governance. That is how you keep it decentralized.

This way, no government can pull the plug.

However, as we are all interested in bitcoin for whatever our reasons are, we want it to be able to develop.

By simple rules of nature: if you can not evolve, you will not survive.

Hence, we need to have some way of creating consensus.

I really hope that we can talk to each other to understand why people suggest certain things, without making this a political governance issue.

In the end: if any group feels they are owning bitcoin governance, bitcoin will fail.

We all own it. We all have our say. But we cannot reject proposals, even if they come from a group that threatens bitcoin with a fork.

This is interesting:
I lost quite some money because of this dip. It can even go deeper. But i do beleive before end of the year i will be back in black numbers, probably even with a great profit.

The question is: do we have only leveraged weak hands in crypto or do we have more believers that will hold on whatever happens?

That decides how deep we go now. My instinct tells me: as there is not a -80% crash happening, this correction will help bitcoin grow stronger. Even stock markets collapsed -80% on dotcom bubble. We are holding strong so far.

Any BTC price above 750$ means we have not crashed. It also means believers are steonger than gamblers.

I dont think it is a good idea to short bitcoin when barely 1% of population has invested in it.

As everyone knows fork is coming, nibody would wait till half july to cash out. The ones that cashed out will only miss the bull train, when they jump i may sell

Well, a week down the line, i really like jow Eos is crashing.

It is totally bit fair how much money the founder is making.

You do not need a billion to develop a blockchain!

After 3 week of bearing, bitcoin still stands very strong.

Bears could not push down the buyers much lower than 2500$

I think this implies we will hit 3k very soon.

I was bearish till now, now I am bullish till btc'3k$

Well this kinda sucks i am down 30%.
But, bot planning on selling. I think we will go up.

Just some stupid icos without a product creating a bubble. We put more than a billionaire n dillars in non existent things

Only bitcoin has value as digital gold, established. Others need to prove. There are good concepts thought, just need to prove to consumers/business they can help solve a problem

I am bullish long term. Short term: maybe another 10% down, then we go up.

I keep on saying the same: why do they need a bilion dollar to develop a blockchain?

This is outragius self enrichment.

No way this will end well

How do i bet against this eos thing? I bet price will be 1/2 todays price in 1 week.

Bets?