wtf is going on with this fucking shit

people buying eth instead

>>1870401
ETH ripping buttcoin wide open

>>1870404
for real... fucking sucks cuz i have 75 btc

>>1870412
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:
https://www.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.

>>1870479
ETH is about to get lower.

>>1870402
But ETH also isn't going up :/

Miners are selling equipment and switching from BTC to ETH.

>>1870487
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.

>>1870412
invest litecoin, best coin, light and open source, buy now

>>1870492
I have 20.5 ETH (all I can afford), but I'm still waiting for the promised "moon mission to 100$".

>>1870541
have some patience, jeez

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

>>1870625
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

>>1870401
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.

>>1870646
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?

>>1870652
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

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>>1870643
>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.

>>1870652
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.

>>1870634
ANY NONRETARDED ANSWERS?

>>1870666
don't listen to the devil

>>1870664
>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.

>>1870829
the sole reason why /biz/ 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.

>>1870847
good goy

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>>1870659
Alphabay is adding ETH support on May 1st

>>1871587
Fuck yes

>>1871587

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

>>1870829
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

>>1870401
>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 ?

>>1870401
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.

>>1871919
Localbitcoins

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BTC CRASHING DOWN TO $1000

Will it go sub 1k?

>brb making popcorn to watch the show

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>>1871935
Pic related. $1000 wall took a hit, but it's sitting around $1040s... for now.

>>1871933
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

>>1871943
Shapeshift your ETH to BTC, cash out

>>1871943
Trade BTC for ETH at poloniex.

>>1871938
tomorrow it will be breached.
i think btc needs to correct to $900 for a short while to return to previous trend.

>>1871965
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?

>>1872045
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...

>>1872083
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

>>1872096
>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?

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>>1872096

>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.

>>1872096
>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

>>1872096
Lol everything indicated this massive drop retard.

>>1872125

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.

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>>1872113
What's the matter, bro? Too V O L A T I L E for you?

>>1872153

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

>>1870401
SELL BTC NOW
ALL OF IT
BUY THE DIP

$950 END IN SIGHT

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

THE $970 WALL IS GETTING HAMMERED

>>1872157
How have you done well on Silver? It's been on a 4 year decline

I should know

>>1872168
>$26,000 wall on small local exchange
w e w l a d

>>1872172
I wasn't aware Bitstamp was a small exchange.

>>1872173
Not Bitstamp, Canadian exchange in Vancouver

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>>1870401
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

>>1872186
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

>>1872192
BUUUUUUUUY THE DIIIIIIIIIIIIIIIIIIIIIIIIIIIIIPPPPPP

THE WHALES ARE SHITTING THEMSELVES

EZ MONEY RIGHT HERE

WAIT ON THE DIP

I LIED

MORE THAN $950 BOTTOM

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>$925
OK THIS IS GETTING SERIOUS

>>1870686
BTC will only give you 100% gains over the next year, ETH will give you 1000% seems pretty obvious which you should buy

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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.

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i use to be over 4 dollars :(

>>1872221
F

>>1872171

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.

>>1872231
>Palladium
Neat

How/where do you buy?

>>1872239
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.

>>1872252
I'm watching Bitstamp.

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

>>1872243
and yes i know side-channels could do the same but they are nowhere near.

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>>1872267
>Coinbase down?
Classic

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

>>1872261

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??

>>1872302
I think it has too

>>1872250

Provident, JM Bullion, etc.

TO THE MOOOOOOON

>>1872243
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.

>>1872342
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.

>>1872342
>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.

>>1872418
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.

>>1872422
>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.

>>1872465
>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.

>>1872465
>You don't seem to interact with people a lot.
sorry i'm a bit cranked up at the moment.

THE MEME is finished.

You beat this horse to deth!

ALL COINS going down with the ship.

That taste in your mouth is salt.

55 BTC wall at $975.

It begins.

>>1872785
Pls explain this wall business.

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>>1870634

>>1873007
ETH is plummeting in perfect tandem with bitcoin.
Virtually identical candles and everything.

>>1873003
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.

Next wall at around $955. Around 130 BTC.

>>1873003

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.

>>1873022
>>1873003
btw, you can talk of walls for ask prices as well.

>>1873032
No, usually it's a collection of many people.

>>1873030
How do you view this?

what promoted this free fall?

>>1873037
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.

THE WALL IS ABOUT TO COME CRASHING DOWN

>tfw mining eth desperately hoping it hits $200

>>1870401
The king has died. The king has paved the way for the younger generation it's time for ethereum to take the throne

>>1873178
Ethereum is crashing along with bitcoin you dolt.

Almost identical candlestick pattern too.

>>1873189
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.

is there still any crypto worth buying at the moment?

>>1873189

>tfw master racre XMR

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where is the money flowing to?
All cryptos are losing

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

>>1873283
?

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.

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>>1873226
my pockets

>>1873333
So we probably have a month of this shitposting?