Quote from: DEViANCE on July 15, 2017, 18:15:44 PM
Noticed that bitcoin has taken a bit of  tumble over last couple of days. Down about 25% to 1500£.
Worth an investment or is it likely to keep sliding?

It was definitely worth an investment, already back up over £1,800. But the next drop is about to start, not sure how big, but this bounce was so hard and so fast I fear it's a bull trap.

http://www.phneep.com/projects/bitcoin-propaganda/

Big news in the bitcoin world today. An arrest has been made in relation to the theft of Bitcoins from MTGox. It seems the suspect is strongly linked to the Russian bitcoin exchange BTC-e, which has been "down" for a few days.


http://www.reuters.com/article/us-greece-russia-arrest-idUSKBN1AB1OP

http://blog.wizsec.jp/2017/07/breaking-open-mtgox-1.html


Some suggestions are that outright BTC-e hacked MtGox. Never a dull moment in crypto.

Tons of people have gone short, and it's crashing in the wrong direction

Quote from: matt5cott on July 31, 2017, 21:14:15 PM
Tons of people have gone short, and it's crashing in the wrong direction


(Image removed from quote.)

Didn't/hasn't quite worked out like some thought.

Knocking on $3,200 door. 

$3300 breached.

$3400 in sight

Quote from: Walrusbonzo on August 07, 2017, 12:35:17 PM
$3400 in sight

$5k by the end of the someone somewhere was predicting... $1k for Ether.

Quote from: Eggtastico on August 07, 2017, 15:20:18 PM

Quote from: Walrusbonzo on August 07, 2017, 12:35:17 PM
$3400 in sight

$5k by the end of the someone somewhere was predicting... $1k for Ether.

does $5k sound so unbelievable? 

Quote from: Walrusbonzo on August 08, 2017, 08:29:52 AM

does $5k sound so unbelievable? 

Not unless Crypto starts to get regulated.

Quote from: Eggtastico on August 08, 2017, 09:22:59 AM

Quote from: Walrusbonzo on August 08, 2017, 08:29:52 AM

does $5k sound so unbelievable? 

Not unless Crypto starts to get regulated.

What sort of regulation are we talking about that doesn't already exist?

Quote from: Walrusbonzo on August 08, 2017, 18:02:46 PM

Quote from: Eggtastico on August 08, 2017, 09:22:59 AM

Quote from: Walrusbonzo on August 08, 2017, 08:29:52 AM

does $5k sound so unbelievable? 

Not unless Crypto starts to get regulated.

What sort of regulation are we talking about that doesn't already exist?

well if it is so popular on the darkweb & other illegal activities & transactions, I think at some point governments will want more access to the tracing things.

Quote from: Eggtastico on August 09, 2017, 15:19:35 PM

well if it is so popular on the darkweb & other illegal activities & transactions, I think at some point governments will want more access to the tracing things.

It's the trading commodity of preference on the dark web, at least for the illegal stuff. It is extremely resistant to tracing. That is one reason it is so valuable at the moment.

There are supposed to be upgrades coming up to increase production, which may reduce profits.

It's weird one, by the nature of the tech every transaction on the network is completely traceable, it's just determining who owns what address