Sipping My Coffee Thinking Bitcoin Drama is Better Than Soap Operas!

in bitcoin •  8 years ago 

I Have to Admit This Bitcoin Space is the Most Entertaining One That I Have Ever Been Apart Of.

When Bitmain published their blogpost, "UAHF: A contingency plan against UASF (BIP148)" all I could think is, "here we go with another round of Bitcoin Bullshit and FUD". It is all quite entertaining for those who have been around a while. Sure every time a team steps up and wants to be the point of rage for the whole Crypto Currency community I am all for it. The pure entertainment value is priceless.

How it Looks When Devs Fight.

How Bitcoin Reacts to the Punch.

How Newbies React.

How Veteran Bitcoiners React.

How I React.

Strap In This is Going to Get Interesting.

I have been telling everyone that 2017 is not done with the Bitcoin surprises. Everyone thinks a moonshot is coming but I have been more tempered. Like I mentioned before, all it takes is a few stumbles to slow this high speed train to a much slower steam engine. This announcement by Bitmain is just one more reason to not get overly excited. I will not be putting any down payments on penthouses as of yet.

bitcoin memes cryptocurrency
8 years ago by

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    • [-]
      ·  8 years ago 

    LOL Great perspective thru hilarous gif's. This is what a real free market looks like, sometimes extreme ups and downs.
    Although the big holders may play this to their advantage, such as Satoshi with a million coins. Up or down, well informed investors can take positive advantage of these wild swings.

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    [-]
      ·  8 years ago (edited)

    I read bitmain's blog and i got a headache. Bitcoin and blockchain is already quite difficult to comprehend for the average person much more Bip148 and segwits! How will people adapt something they dont understand?

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    [-]
      ·  8 years ago 

    They will adapt because it is better than their traditional system that they also don't understand.

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    [-]
      ·  8 years ago 

    Apologies for the typos, writing on a very tiny iphone screen. Anyway, yes it is an alternative albeit a better one. Not all who go into stocks or MF understand the folio or the financials behind them. Most people care only about how they are going to earn off it. Like with Steem, the potential for good money is there and that's what attracts people. But many dont understand that they either need hard consistent work.. or get lucky.

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    [-]
      ·  8 years ago 

    There's no immediate need to understand that traditional system though. It's just there. The more effort switching requires, the fewer will bother to do it as long as they don't have to...

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    [-]
      ·  8 years ago 

    Paradigm shifts are always difficult

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    [-]
      ·  8 years ago 

    True. That's why people need more reasons the greater the required effort is.

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      [-]
        ·  8 years ago 

      Panic sells everywhere...

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      [-]
        ·  8 years ago 

      Bwahahahaha!

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        [-]
          ·  8 years ago 

        Very nice post. It's a #1 topic today, and I don't know why some people are so scared! BTC will come back at full power... May take some time to happen, but it definitely will!

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        [-]
          ·  8 years ago 

        I'm the Veteran 😂😂😂😂

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        [-]
          ·  8 years ago 

        My mind is scrambled, so now I respond like the Joker.

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        [-]
          ·  8 years ago 

        Things go up and things go down. Many can see the trend of cryptocurrency going up despite the downs.

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        [-]
          ·  8 years ago 

        Cool Post :)

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        [-]
          ·  8 years ago 

        Good post! I agree that there is a lot happening that could keep the price suppressed, but it looks like some action is coming closer and when this means that Segwit gets activated, it could fuel the rocket to the moon. Segwit will hit Jihan by cutting of 30% of his mining power, so mining will become more decentralized again. Further the scaling issue will be partly resolved and 2nd layer solutions will arise. I just hold and hope.

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        [-]
          ·  8 years ago 

        Im sorry but I cant stop laughing especially when I know that it is TRUE! Awesome post bro :D

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        [-]
          ·  8 years ago 

        Those memes were perfect! Hahaha.

        I freaked out and was a panic seller once, safe to say, I learned my lesson! I am happy to report to be making smarter decisions through price correction periods now.

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        [-]
          ·  8 years ago 

        You will get better at it. The best thing to do is always take profits and when they days come like this you just walk away from the computer.

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          [-]
            ·  8 years ago 

          Great advice, I just closed Poloniex haha.

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            [-]
              ·  8 years ago 

            You have a lot of reason dear friend @hilarski there is nothing more amused than the bitcoin, it is incredible how it yields its value two nights ago it came to $ 2988, when everything believed that the day before dawned u $ s 3000, fell to $ 2500 and Today it's 2250 dollars. Nothing more exciting, fun and raviante than le bitcoin
            Thank you very much for sharing this material
            have a beautiful day

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            [-]
              ·  8 years ago 

            Absolutely this is a wild ride!

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              [-]
                ·  8 years ago 

              Its been interesting for a while now! Resteemed and upvoted! Thanks for all the good work/content!

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              [-]
                ·  8 years ago 

              Very strange price movements today.. Not only Bitcoin, but all the altcoins are moving down in tandem.. Usually there is a fairly strong negative correlation between BTC and a basket of altcoin.

              No trading for me today, I'm with you sipping coffee...

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              [-]
                ·  8 years ago 

              Get the popcorn ready, this is going to be interesting...

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              [-]
                ·  8 years ago 

              That is hilaious, you made my day haha!!!

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              [-]
                ·  8 years ago 

              My tolerance for volatility has gone way up since investing in bitcoin et al. While I do keep an eye on things obviously, I'm like "meh" most of the time now.

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              [-]
                ·  8 years ago 

              Absolutely it is similar to going to the gym. After a while you stop feeling pain and just keep getting stronger.

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              [-]
                ·  8 years ago 

              Oh, gym pain is real!

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              [-]
                ·  8 years ago 

              Very nice. Upvoted!

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              [-]
                ·  8 years ago 

              any idea @hilarski about where you see bitcoin in the end of 2017 ?

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              [-]
                ·  8 years ago 

              No idea, if it stayed here I would be happy.

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                [-]
                  ·  8 years ago 

                Looks like some people want to manipulate the fiat market.

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                [-]
                  ·  8 years ago 

                Does seem like it's a good time to pop some popcorn and sit back and watch... it amazes me how little it takes for people to freak out and enter "end of the world" mode...

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                [-]
                  ·  8 years ago 

                A year ago I might have freaked out as well. Now, I might be a little poorer on the books but I know my life is what many dream about so I will not complain.

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                  [-]
                    ·  8 years ago (edited)

                  You know you're really used to it when your reaction is "where can I buy more, right now?"

                  Incidentally, if anyone knows...

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                    [-]
                      ·  8 years ago 

                    To sell or not to sell... That is not the question.
                    HODL!

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                    [-]
                      ·  8 years ago 

                    @hilarski started thinking in advance. What am I going to do when btc phases out?! I'm relatively newer to bitcoin, so reading everyone else's opinion only confuses me more. So far I've learned stay away from reddit, find the facts. What is BIP 148?

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                    [-]
                      ·  8 years ago 

                    BIP 148 is a user activated softfork of Bitcoin. The Bitmain team apparently does not approve. There is plenty of info online explaining it. I am not that well versed in it.

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                    [-]
                      ·  8 years ago 

                    I've read about it.

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                      [-]
                        ·  8 years ago 

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                        [-]
                          ·  8 years ago 

                        Hey man, how are you finding Panama? I am a relatively newly born consultant/entrepreneur/investor myself and really considering doing the expat experience the next year! So many great places to choice from though!

                        Anyways, this is the best show ever definitely! I keep calm and enjoy a nice coin shopping day, i mean, all those nice coins i was waiting for at 20% off :D

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                        [-]
                          ·  8 years ago 

                        Panama is a life of chaos all around, until we arrive home. Then it feels like any home I have ever lived. It was the best decision I have ever made. Just be forewarned it is not easy for the first few years and after 6 I still struggle dealing with it sometimes.

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                          [-]
                            ·  8 years ago 

                          Hahahaha! Hilarious but informative post. I'm just watching bitcoin.

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                          [-]
                            ·  8 years ago 

                          HAahahah I laughed through the entire article!
                          Great post :)

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                          [-]
                            ·  8 years ago 

                          I laughed, nice article!

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                          [-]
                            ·  8 years ago 

                          certainly agree 2017 is not done with Bitcoin yet, but I do believe it's a gigantic bubble which will collapse some day. Think you should be considering this in the back of your mind when investing in bitcoins :)

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                          [-]
                            ·  8 years ago 

                          Gigantic bubble the size of Twitter and Snapchats market cap? That is not so gigantic.

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                            [-]
                              ·  8 years ago 

                            meep

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                              [-]
                                ·  8 years ago 

                              As someone new to bitcoin and crypto, I have to admit I am very confused and concerned.

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                              [-]
                                ·  8 years ago 

                              That is natural. Take profits and only risk what you can afford to lose.

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                                [-]
                                  ·  8 years ago 

                                So much to learn!!

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                                [-]
                                  ·  8 years ago 

                                The more currency volatility in the "real world", the more Bitcoin and other cryptocurrencies will reap the rewards! And the opposite of that is true as well. Just keep an ear to the ground and more importantly, keep your head out of the clouds where unicorns and minotaurs roam!

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                                [-]
                                  ·  8 years ago 

                                The sky is falling!

                                Oh, wait...

                                Buy, buy, buy!
                                😄😇😄

                                @creatr

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                                [-]
                                  ·  8 years ago 

                                I have no dry powder but those that do are in a great position.

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                                  ·  8 years ago 

                                One hundred percent agree. But it beats the dollar any day. I need to learn more about Panama.....

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                                [-]
                                  ·  8 years ago 

                                Drives me crazy but I would choose this place 100X over my former NY.

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                                  [-]
                                    ·  8 years ago 

                                  Ugh. Yes. We lived in the DC Bubble and got out as fast as we could! Livin' in Boise. It's nice here, but when 25,000 a year move it, it is changing. We talk often about Belize, Chile, CR, Argentina, Peru, just got to be a cheaper place to live with quality.

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                                  [-]
                                    ·  8 years ago 

                                  I have been to CR multiple times and like it but a little expensive. We went to Argentina and hated it. I hope to never return. Panama is an easy transition for Americans because it is highly influenced by US coporations.

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                                    [-]
                                      ·  8 years ago 

                                    I have faith in bitcoin it's going to more places in the near future don't you think?

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                                    [-]
                                      ·  8 years ago (edited)

                                    I could put my picture on your orange banner and the exact description would work for met as well. Actually, your entire article is spot on as well. I've been telling my friends to buy crypto, but start with $100 and get your feet wet. Learn how to send money, take it offline, put it back on, etc.. then buy in dips and watch the daily news on the top crypto's. We are in such early phases that volatility is going to be big for another year. And yes, more interesting than a soap opera.

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                                      ·  8 years ago 

                                    oh, and following you now.

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                                      [-]
                                        ·  8 years ago 

                                      Followed back!

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                                        [-]
                                          ·  8 years ago 

                                        There is so much drama. The fun is that the Bitcoin network does not care. No stops, no BATS declaring self help, no FED meeting to save all, but just pure market price discovery.

                                        A Great Show.

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                                        [-]
                                          ·  8 years ago 

                                        In normal condition yes, all can colapse, but the crypto is under a lot o media, and a lot of capital will come in the market, if the demand is on, the coins will go up. How high not sure. Up and downs are normal, we have a game with no rules almost. So it will be a bumpy flight .

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                                          ·  8 years ago 

                                        Hahaha love it. Time to buy big! Following.
                                        Pls check out my blog thx !:)

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                                        [-]
                                          ·  8 years ago (edited)

                                        great post @hilarski . I totally have Newbies React hahaha

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                                        [-]
                                          ·  8 years ago 

                                        Awesome analogies! It made me think about the panic decisions I once made not too long ago.

                                        Experience makes you mature. I learned to befriend both change and time

                                        :)

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                                          [-]
                                            ·  8 years ago 

                                          Haha! The meme of kermit the frog made my day. Thanks for sharing this @hilarski 😊!

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                                            [-]
                                              ·  8 years ago 

                                            Hi .. do not forget vote and follow me too ya .. !!

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                                              [-]
                                                ·  8 years ago 

                                              Nice article :) Btw theres some BTC trends on this blog
                                              @BTC helper list 531531.png

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                                                [-]
                                                  ·  8 years ago 

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                                                  [-]
                                                    ·  8 years ago 

                                                  very good..👍

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                                                    [-]
                                                      ·  8 years ago 

                                                    Great post...
                                                    221.jpg

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                                                      [-]
                                                        ·  8 years ago 

                                                      Nic post i love it

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                                                        [-]
                                                          ·  8 years ago 

                                                        Buy low, sell high.

                                                        Opportunity is coming.

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                                                          [-]
                                                            ·  8 years ago 

                                                          Okay.

                                                          So what are we gonna do with our bitcoin/s for now?
                                                          Or when are we gonna take action dealing with our bitcoin/s?

                                                          I guess other crypto coins will have this kind of splitting drama as well over time.

                                                          This is horrible! Is it?
                                                          Maybe, because people are scared of this drama, a scary drama.

                                                          I need a breathe now.
                                                          A break not a breathe lol!

                                                          Steem on!

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                                                            [-]
                                                              ·  8 years ago 

                                                            If you got a blunt, spark it.

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                                                            [-]
                                                              ·  8 years ago 

                                                            Hehe...noice...

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                                                              [-]
                                                                ·  8 years ago 

                                                              lol

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                                                                  ·  8 years ago 

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                                                                  [-]
                                                                    ·  8 years ago 

                                                                  RandyHilarski Randy Hilarski tweeted @ 15 Jun 2017 - 16:08 UTC

                                                                  Sipping My #Coffee Thinking #Bitcoin Drama is Better Than Soap Operas!

                                                                  steemit.com/bitcoin/@hilar… / https://t.co/rjM6r1tYFM
                                                                  https://t.co/75Fu2mkJgG

                                                                  Disclaimer: I am just a bot trying to be helpful.

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                                                                    [-]
                                                                      ·  8 years ago 

                                                                    good post

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                                                                      [-]
                                                                        ·  8 years ago 

                                                                      hahaha you have to think it twice :D

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                                                                          ·  8 years ago 

                                                                        Hi all do not forget vote and follow me too ya .. !!

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                                                                            ·  8 years ago 

                                                                          I feel like the gravy train has long gone with this. Maybe if you invested 5 years ago but who knew? it was a gamble and scary to many of us.

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                                                                              ·  8 years ago 

                                                                            Hardly, there is opportunity around every turn. Have you checked out Steem?

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                                                                              [-]
                                                                                ·  8 years ago (edited)

                                                                              Pleasy correct me if i'm mistaken. But wouldn't the UAHF proposal just strengthen the value of cryptocurrency. I mean if the goverment wants to cease al of your possessions, the only option you have left is to trade fiat for crypto's. Making your assets inaccessible for the auhorities.

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                                                                                  ·  8 years ago 

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                                                                                  [-]
                                                                                    ·  8 years ago 

                                                                                  People will adapt to crypto currency because they adapted fine to the way Federal Reserve Notes exist without knowing how a dollar comes into being out of thin air. It's very complicated and I don't understand it, but I know how to spend it. I even know how to spend more of it than I have!

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                                                                                      ·  8 years ago 

                                                                                    Good post and very inspiring ....

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                                                                                        ·  8 years ago 

                                                                                      Good post my friend ;)

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                                                                                          ·  8 years ago 

                                                                                        Bitcoin space is indeed quite entertaining. Tough to make predictions.

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                                                                                            ·  8 years ago 

                                                                                          hahahahha!!

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                                                                                              ·  8 years ago 

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                                                                                              [-]
                                                                                                ·  8 years ago 

                                                                                              True

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                                                                                                1 vote
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                                                                                                  ·  8 years ago 

                                                                                                The thing that's making me nervous about bitcoin is the massive increase in governments and banks trying to get in on the action.

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                                                                                                    ·  8 years ago 

                                                                                                  nice post.please check my blog and upvote my posts as i also upvote yours too. Because this will help both of us.

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                                                                                                      ·  8 years ago 

                                                                                                    Maybe bitcoin will reach at $4000 soon

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                                                                                                        ·  8 years ago 

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                                                                                                          ·  8 years ago 

                                                                                                        nice post.please check my blog and upvote my posts as i also upvote yours too. Because this will help both of us.

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                                                                                                            ·  8 years ago 

                                                                                                          So funny !

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                                                                                                              ·  8 years ago 

                                                                                                            Bitcoin almost gave a heart attack. But it made me realise that it was during downward price movement is the best time to invest more.
                                                                                                            New Experience learned

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                                                                                                                ·  8 years ago 

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