Wtf is going on with this fucking shit

wtf is going on with this fucking shit

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youtube.com/watch?v=OG3WMaWwJig
twitter.com/NSFWRedditVideo

people buying eth instead

ETH ripping buttcoin wide open

for real... fucking sucks cuz i have 75 btc

Should have converted all of your BTC into ETH a few days ago then converted back to BTC once ETH appreciated. Literally free BTC.

>wtf is going on with this fucking shit
Combination offailed ETF, ETH's pump and China coming down hard on BTC. See:
cryptocoinsnews.com/bitcoin-virtual-movable-property-says-drafter-chinas-general-provisions-civil-law/

If you're smart, sell all your BTC into ETH right now, while ETH is still low.

ETH is about to get lower.

But ETH also isn't going up :/

Miners are selling equipment and switching from BTC to ETH.

They will. It's literally the new and improved BTC in so many ways. Like I said, buy while you can get some decent amount of coins.

invest litecoin, best coin, light and open source, buy now

I have 20.5 ETH (all I can afford), but I'm still waiting for the promised "moon mission to 100$".

have some patience, jeez

GUISE I GOT $2000 READY WHEN DO I BUY ON THIS DIP?

buy eth instead

Not sure but the smart money is selling 10-20% of their eth and buying bitcoins with it. Great opportunity to hedge yourself

Nothing is really happening with it. It's still unbelievably overvauled given the fact that eth has quite literally made it redundant.

My only guess is the major bag holders are all colluding together to find the best time to dump it without creating panic and loosing their money.

Right it's def overvalued for now I think 650 is good price but speculation is it could be 3k in a couple years that's why it's at 1k. My question is is eth hot in dark web sales?

no thats the thing, BTC is really the only accpeted currency along with XMR. If markets adopt ETH then it will shoot to the moon but not until

>Hedge
I own both BTC and ETH

#diversified

going for 850 will recover in summer to 1200-1500

park your fiat in ETH or XMR


DO NOT PUT IT IN DASH!

mark my words.

eth probably wont be used on dark web sites. monero is much better for that and that's ok because eth doesn't need pedophiles to give it value.

ANY NONRETARDED ANSWERS?

don't listen to the devil

>DO NOT PUT IT IN DASH

Why? You guys bash them constantly without giving any arguments.

The Dash developers get paid out of the block reward.

WHY OH WHY would they then kill the golden goose to make a quick buck off fleecing people. It's in their best interests to keep a good thing going and manage Dash responsibly.

In fact you could argue that they have the most incentive to behave themselves out of anyone in the entire crypto scene.

the sole reason why Veeky Forums hate DASH is because of Amanda B. Johnson.

That's it, whole board of turbonerd just hate some shitcoin because one of its ambassador is a woman. God this board is pathetic.

good goy

Alphabay is adding ETH support on May 1st

Fuck yes

>Implying people affiliated with online drug trafficking will be interested in a generalized pump toy over a private decentralized Monero.

so you are saying that they get adittional money indefinetly even after the have premined the shit out of their pumpanddump shitcoin?

really made me think

Still haven't pulled the trigger, and right now it's dropping FAST

HOLY FUCKING SHIT IT'S DROPPING LIKE CRAY

>wtf is going on with this fufing shit

boy, what shoud I begin with. That its date expired ? That it is becoming undesired ? Or that it lost all its neat and now it stinks ust like rotten meat ?

Bitcoin is now officially a mess

Ok, but which exchanges and ATMs accept to buy your ethereum? I need liquidation options.

That $1000 wall got shredded for a moment mang.

14:10:38 - 1019 - 1480.87
14:10:31 - 1000 - 30.4680
14:10:27 - 1000 - 14.2110
14:10:22 - 1001.12 - 15.4956
14:10:02 - 1010 - 85.3410
14:09:54 - 1016.8 - 37.5437
14:09:51 - 1017 - 160.067
14:09:47 - 1020 - 54.9061
14:09:39 - 1025 - 6.97977
14:09:35 - 1028.75 - 698.113
14:09:24 - 1036.3 - 38.8110
14:09:15 - 1041.82 - 2.55
14:09:10 - 1045.23 - 6.65133
14:09:07 - 1045.75 - 392.759
14:09:02 - 1049.02 - 0.46704
14:08:55 - 1050.6 - 61.4145
14:08:46 - 1055 - 50.02
14:08:38 - 1061.98 - 1.41459

buy pivx right now, hold 3 weeks, sell, big profit, put profit in eth or monero. i will put in eth tho.

Localbitcoins

BTC CRASHING DOWN TO $1000

Will it go sub 1k?

>brb making popcorn to watch the show

Pic related. $1000 wall took a hit, but it's sitting around $1040s... for now.

I don't see anything but BTC, can you show me?

Fucking hate my country

>want to buy bt
>go to localbitcoins.com
>the only faggot who is selling is doing it at 1200+
>go to kraken
>It's been two days already and i'm still in preverified bullshit
>fucking bitcoin is still going deep and i can't fucking get to buy it

jeez

Shapeshift your ETH to BTC, cash out

Trade BTC for ETH at poloniex.

tomorrow it will be breached.
i think btc needs to correct to $900 for a short while to return to previous trend.

Might be happening right now, m8.

what do you think is the reason behind more people offering bitcoin than people wanting to buy it as of late?

well would you want to buy bitcoin above $1000? i don't most people i know don't probably that simple.

any concrete reason for this massive drop?
where could i read about it?
I've got 2k EUR ready to invest but i can't do that blind...

you can buy at $800 unlikely it will fall under this time. even if it does only briefly.

fuck my life i lost 20k, why is this so shitty
might as well give up on day trading, nothing indicated this massive drop

>nothing indicated this massive drop
Well, no shit! You knew this going in. Crypto coins have no fundamentals and no utilitiy. What kind of indicators did you expect them to have?

>buy Trumpcoin
>peaks before the inauguration, crashes while I take a fuckin nap
>still make a profit though, put it in BTC
>BTC does this shit today
>ETH has doubled over the past few weeks

>no patterns, no predictability, nothing makes sense

Really thought why do I fuck with this shit? People say the stock market is a casino, but that's an oversimplification. THIS shit on the other hand is fuckin senseless.

>nothing indicated this massive drop
Pay attention m8
The ETF was declined, and any hope for a future ETF up in smoke. Huge hype surge in ETH as increasingly nervous coiners abandoned the sinking BTC ship.

No appetite for BTC right now, but might rise again as we approach the announcements

Lol everything indicated this massive drop retard.

The ETF was a blow and we saw it coming...what made no sense was how it recovered almost like nothing happened. This drop makes no sense either.

Crypto is literally the "money" of Kek, chaos god.

What's the matter, bro? Too V O L A T I L E for you?

Silver isn't even as volatile. I've done well on metals and I have BTC and ETH so it's not like I'm fucked, but the entire crypto game is absurd.

Woop woop it's taking another downturn

SELL BTC NOW
ALL OF IT
BUY THE DIP

$950 END IN SIGHT

Decentralized currency.. More like decentralized autism.. Bitcoin HF will rek you all

THE $970 WALL IS GETTING HAMMERED

How have you done well on Silver? It's been on a 4 year decline

I should know

>$26,000 wall on small local exchange
w e w l a d

I wasn't aware Bitstamp was a small exchange.

Not Bitstamp, Canadian exchange in Vancouver

LBC doesn't even provide me with txid when I tried to transfer it to an exchange. I usually receive it within seconds, now it's been like 10 minutes and still nothing.

$960 WALL IS NEXT, AROUND 70 BTC

IT'S GONNA BREAK BOY
WE'RE GONNA NEED A BIGGER WALL

HOLY SHIT IT GOT OBLITERATED

AROUND 255 BTC WALL AT $950

IT'S HAPPENING

JUST AS I'M WRITING IT'S GETTING DECIMATED HOLY FUCKING SHIT

BUUUUUUUUY THE DIIIIIIIIIIIIIIIIIIIIIIIIIIIIIPPPPPP

THE WHALES ARE SHITTING THEMSELVES

EZ MONEY RIGHT HERE

WAIT ON THE DIP

I LIED

MORE THAN $950 BOTTOM

>$925
OK THIS IS GETTING SERIOUS

BTC will only give you 100% gains over the next year, ETH will give you 1000% seems pretty obvious which you should buy

wat is happening?

Bitcucks BTFO

WHY THE FUCK WON'T IT START PROCESSING THE TRANSFER FUCK LOCALBITCOINS

Looks like we're getting a momentary reprieve.

There aren't any more obvious buywalls until $940.

i use to be over 4 dollars :(

F

I said metals, not only silver. I bought several hundred ounces at about $12. Haven't sold any and I expect Trump to blow out the budget, it's all on the rise from here on out.

Palladium is where I did really well.

Buy orders keep getting swallowed the fuck up. This shit ain't over. It's a massacre.

i'm thinking about making a trust-less escrow service for btc trade. basically it would work like this:
buyer and seller agree on an amount of btc and the seller puts it on an address neither of them have access to alone. both of them have part of a secret password for the private key.

now either of them can release the bitcoins to the other by revealing their part of the private key but after they did they don't have the private key the other party has it so they can't try some quick double spend. this allows bitcoin to be sold offline instantaneously. the buyer can confirm immediately if he can decrypt the private key and it belongs to the address in the transaction. and in case the seller backs off the buyer has no incentive to keep his coins hostage there is no way he can access the bitcoins.

local bitcoins have a similar system but you have to trust localbitcoins not to swindle you and you can only release funds online. no totally offline transactions.

do you think this would have potential interest? i'm quiet certain i could write the software for it altho the trust-less part needs some consideration. how do you truly guarantee a server does not keep the private keys it generates? maybe an opensource software running in cloud anyone can check it's integrity and anyone can use the api? i don't know.

the input would be 2 public keys, and the output would be the public key and the encrypted private key and the two parts of the secret protecting the private key encrypted for the private keys of the two input. one pub key would be the buyers one off the sellers obviously.

something like that.

>Palladium
Neat

How/where do you buy?

what exchange are you watching right now? I have a preev tab open and it's showing way higher than some of what you're expressing.

Looks like it's recovering. If there's another dip it'll be a while.

I'm watching Bitstamp.

...

Coinbase down? I cant buy or sell. Seems to be dead in mobile app and in browser.

and yes i know side-channels could do the same but they are nowhere near.

>Coinbase down?
Classic

This should help you understand youtube.com/watch?v=OG3WMaWwJig

See how the dips almost match up pretty well on both the Eth and Btc side.

I expect it to stop around 30-35 for ETH but I have no clue if they'll keep selling Btc when Kraken rebounds

is btc going to rise now??

I think it has too

Provident, JM Bullion, etc.

TO THE MOOOOOOON

I want to sell, agree with someone on a price, put BTC into escrow. Buyer says "Fuck you, I found some for cheaper" *blocks my mail address*. What now???

Maybe someone's a salty nocoiner troll and does it to literally every offer on the market. What now???

I want to buy, get address of escrow, verify the amount. I pay the money. Seller never gets back to me or sends me a garbage key. What now???

Also, it would still require you to put the amount you want to sell into its own address so you can hand out the private key. How is this instant? You still need to wait for confirmation on the blockchain.

Do you understand enough crypto to really grasp how much half of a private key weakens the encryption?

I don't see any benefit. As the seller I relinquish access to my BTC no matter what. Even if the transaction falls through. And if implemented properly I have no humanly way to regain access. An escrow is supposed to require me to put less trust into my counterpart, not more.

yeah it occurred to me that the buyer doesn't lose anything by backing off unless the server does keep the private key and releases the buyers secret to the seller at a specified and public date assuming the seller still knows his part of the secret he can recover his btc.