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Bitcoin Tumbles as PBOC Declares Initial Coin Offerings Illegal

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Re: Bitcoin Tumbles as PBOC Declares Initial Coin Offerings Illegal

#121
post #115
post #114

Could be worth a gamble here to short BTC up to 4500 with a tight stop, good r:r. Be wrong quickly if wrong. The current environment looks good for trading.

Stay long at your own risk, imo. Selling rallies has been the regime for almost a week now.

Why be long here? Are you holding out for a break above 5k that may never come? HN, please listen to me, it's at 4500 and all you have to do is sell.

Re: Bitcoin Tumbles as PBOC Declares Initial Coin Offerings Illegal

#122
post #68

Earlier quoted context omitted.

>Eventually Ether will be ERC20 compliant. Citation? Ether is privileged on Ethereum. It's what mining gets you, it's what transaction fees are paid in, if proof-of-stake comes around, it will be what's staked, and any transaction can include some. I don't expect any of these to change.

I think the reference is EIP 101: Crypto Abstraction which is planned for the Serenity release. https://github.com/ethereum/EIPs/issues/28

Thanks, that's interesting. I take back some of my incredulity from my previous post!
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