Wtf is going on with this fucking shit

GoogleCat
GoogleCat

wtf is going on with this fucking shit

Other urls found in this thread:

cryptocoinsnews.com/bitcoin-virtual-movable-property-says-drafter-chinas-general-provisions-civil-law/
youtube.com/watch?v=OG3WMaWwJig

StrangeWizard
StrangeWizard

people buying eth instead

New_Cliche
New_Cliche

ETH ripping buttcoin wide open

Dreamworx
Dreamworx

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

Techpill
Techpill

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/

StonedTime
StonedTime

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

BinaryMan
BinaryMan

ETH is about to get lower.

AwesomeTucker
AwesomeTucker

But ETH also isn't going up :/

PurpleCharger
PurpleCharger

Miners are selling equipment and switching from BTC to ETH.

BunnyJinx
BunnyJinx

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.

Nude_Bikergirl
Nude_Bikergirl

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

kizzmybutt
kizzmybutt

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

TreeEater
TreeEater

have some patience, jeez

askme
askme

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

hairygrape
hairygrape

buy eth instead

PackManBrainlure
PackManBrainlure

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

Snarelure
Snarelure

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.

Firespawn
Firespawn

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?

TurtleCat
TurtleCat

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

StonedTime
StonedTime

Hedge
I own both BTC and ETH

#diversified

CouchChiller
CouchChiller

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.

DeathDog
DeathDog

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.

Spazyfool
Spazyfool

ANY NONRETARDED ANSWERS?

King_Martha
King_Martha

don't listen to the devil

Sharpcharm
Sharpcharm

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.

StonedTime
StonedTime

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.

Snarelure
Snarelure

good goy

ZeroReborn
ZeroReborn

Alphabay is adding ETH support on May 1st

Stark_Naked
Stark_Naked

Fuck yes

King_Martha
King_Martha

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

SniperGod
SniperGod

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

girlDog
girlDog

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

happy_sad
happy_sad

HOLY FUCKING SHIT IT'S DROPPING LIKE CRAY

5mileys
5mileys

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 ?

Bidwell
Bidwell

Bitcoin is now officially a mess

likme
likme

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

Techpill
Techpill

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

TreeEater
TreeEater

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

Sharpcharm
Sharpcharm

Localbitcoins

Skullbone
Skullbone

BTC CRASHING DOWN TO $1000

Will it go sub 1k?

brb making popcorn to watch the show

Emberfire
Emberfire

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

TalkBomber
TalkBomber

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

DeathDog
DeathDog

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

ZeroReborn
ZeroReborn

Shapeshift your ETH to BTC, cash out

BunnyJinx
BunnyJinx

Trade BTC for ETH at poloniex.

GoogleCat
GoogleCat

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

Nojokur
Nojokur

Might be happening right now, m8.

VisualMaster
VisualMaster

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

BunnyJinx
BunnyJinx

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

King_Martha
King_Martha

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...

happy_sad
happy_sad

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

w8t4u
w8t4u

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

Playboyize
Playboyize

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?

Methnerd
Methnerd

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.

Flameblow
Flameblow

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

SniperWish
SniperWish

Lol everything indicated this massive drop retard.

AwesomeTucker
AwesomeTucker

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.

Ignoramus
Ignoramus

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

Illusionz
Illusionz

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.

Supergrass
Supergrass

Woop woop it's taking another downturn

Dreamworx
Dreamworx

SELL BTC NOW
ALL OF IT
BUY THE DIP

$950 END IN SIGHT

Nude_Bikergirl
Nude_Bikergirl

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

Crazy_Nice
Crazy_Nice

THE $970 WALL IS GETTING HAMMERED

Lord_Tryzalot
Lord_Tryzalot

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

I should know

Sir_Gallonhead
Sir_Gallonhead

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

Boy_vs_Girl
Boy_vs_Girl

I wasn't aware Bitstamp was a small exchange.

viagrandad
viagrandad

Not Bitstamp, Canadian exchange in Vancouver

SomethingNew
SomethingNew

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.

cum2soon
cum2soon

$960 WALL IS NEXT, AROUND 70 BTC

w8t4u
w8t4u

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

askme
askme

HOLY SHIT IT GOT OBLITERATED

iluvmen
iluvmen

AROUND 255 BTC WALL AT $950

IT'S HAPPENING

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

lostmypassword
lostmypassword

BUUUUUUUUY THE DIIIIIIIIIIIIIIIIIIIIIIIIIIIIIPPPPPP

THE WHALES ARE SHITTING THEMSELVES

EZ MONEY RIGHT HERE

WAIT ON THE DIP

I LIED

MORE THAN $950 BOTTOM

Deadlyinx
Deadlyinx

$925
OK THIS IS GETTING SERIOUS

TreeEater
TreeEater

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

Skullbone
Skullbone

wat is happening?

Burnblaze
Burnblaze

Bitcucks BTFO

Emberburn
Emberburn

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

Firespawn
Firespawn

Looks like we're getting a momentary reprieve.

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

RavySnake
RavySnake

i use to be over 4 dollars :(

DeathDog
DeathDog

F

ZeroReborn
ZeroReborn

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.

CodeBuns
CodeBuns

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

Fuzzy_Logic
Fuzzy_Logic

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.

Spazyfool
Spazyfool

Palladium
Neat

How/where do you buy?

Dreamworx
Dreamworx

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.

Fried_Sushi
Fried_Sushi

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

Lunatick
Lunatick

I'm watching Bitstamp.

King_Martha
King_Martha

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

Evil_kitten
Evil_kitten

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

hairygrape
hairygrape

Coinbase down?
Classic

PackManBrainlure
PackManBrainlure

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

Sharpcharm
Sharpcharm

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

Snarelure
Snarelure

is btc going to rise now??

Flameblow
Flameblow

I think it has too

LuckyDusty
LuckyDusty

Provident, JM Bullion, etc.

RumChicken
RumChicken

TO THE MOOOOOOON

Spazyfool
Spazyfool

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.

BinaryMan
BinaryMan

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.

PurpleCharger
PurpleCharger

Do you understand enough crypto to really grasp how much half of a private key weakens the encryption?
that's the most retarded thing you could possibly say tho. you don't get half the private key you get half the secret required to retrieve it. if you knew anything about symmetric cryptography you would know why that's meaningless from an attack viewpoint.

Ignoramus
Ignoramus

sorry the server does not keep the private key anyhow. it only keeps one half of the secret and only releases at a future date, but this means the buyer must swipe the coins off the address by that timeline. yeah i don't like that very much, but it could be needed.

askme
askme

you don't get half the private key you get half the secret required to retrieve it.
Ah, wasn't sure about that from the original post.

But how is having half of the passphrase meaningless? It halves the orders of magnitude of combinations you have to try for a brute force attack on symmetric crypto. Not to mention if its generated pseudo-randomly or derived from the public key inputs (which you seem to suggest) it should give clues as to how it was generated/salted.

that's the most retarded thing you could possibly say tho
You don't seem to interact with people a lot.

Deadlyinx
Deadlyinx

But how is having half of the passphrase meaningless?
well you can choose an arbitrary big secret halving it will still be way way stronger than the private key of equivalent bitsize.

PackManBrainlure
PackManBrainlure

You don't seem to interact with people a lot.
sorry i'm a bit cranked up at the moment.

Burnblaze
Burnblaze

THE MEME is finished.

You beat this horse to deth!

ALL COINS going down with the ship.

That taste in your mouth is salt.

eGremlin
eGremlin

55 BTC wall at $975.

It begins.

King_Martha
King_Martha

Pls explain this wall business.

w8t4u
w8t4u

ETH is plummeting in perfect tandem with bitcoin.
Virtually identical candles and everything.

idontknow
idontknow

At certain bid prices (usually "clean" numbers like 800, 950, etc) there's a large amonut of BTCs (at least 50 or so for it to meaningfully be a wall, of course this depends somewhat on overall volume and number of transactions, etc) that kinda works as a "wall" against the price falling when BTC is being dumped (sold at highest bid price).

I suck at explaining things, hopefully that was clear enough.

Deadlyinx
Deadlyinx

Next wall at around $955. Around 130 BTC.

Methshot
Methshot

I think it means someone placed an order for 55 BTC at $975 a piece so the price will not drop below $975 until all 55 BTC have been purchased. So if I placed an order for 1 BTC at $900 no one would sell it to me, they'd sell it to $975 guy.

PackManBrainlure
PackManBrainlure

btw, you can talk of walls for ask prices as well.

No, usually it's a collection of many people.

Sharpcharm
Sharpcharm

How do you view this?

SniperGod
SniperGod

what promoted this free fall?

SniperWish
SniperWish

I'm monitoring it on Bitstamp's trade view as well as bitcoinwisdom. From the latter you can basically see this in lists above (ask) and below (bid) the display of the current price. Those are limited orders that people have placed hoping someone will eventually reach them and buy/sell at that price.

FastChef
FastChef

THE WALL IS ABOUT TO COME CRASHING DOWN

JunkTop
JunkTop

tfw mining eth desperately hoping it hits $200

Lunatick
Lunatick

The king has died. The king has paved the way for the younger generation it's time for ethereum to take the throne

Soft_member
Soft_member

Ethereum is crashing along with bitcoin you dolt.

Almost identical candlestick pattern too.

lostmypassword
lostmypassword

But it's easier to mine ETH.

After the hard fork, Chinese nodes and miners will fuck off and tell BTC to die. 50% of BTC will be worthless.

That's why western miners and devs are trying not to have the hardfork either. But the Chinese miners are losing money and don't want to listen to white piggus.

Playboyize
Playboyize

is there still any crypto worth buying at the moment?

Methshot
Methshot

tfw master racre XMR

Emberfire
Emberfire

where is the money flowing to?
All cryptos are losing

Evil_kitten
Evil_kitten

Bitcoin is now an alt coin . Double digits here we cum!

RavySnake
RavySnake

?

VisualMaster
VisualMaster

BTC is probably down because of he closing of two of china's major cryot exchages for 30 days.
Expect an influx of currency after they reopen.
the question is what currency will these chinese coiners will get as they move their wallets out of china.

AwesomeTucker
AwesomeTucker

my pockets

Stark_Naked
Stark_Naked

So we probably have a month of this shitposting?