No buyers around. Will keep it. Locking the thread.
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Whit 18000 BTC damage can be done easily
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extra info:
Price From yesterday BTCUSD 3.96% showed a sustainable growth, with a hike in volume after reaching the Bearish Trend Line and 6250 level. This growth showed a supportive power of the 6000 – 6250 zone, which gives a hope to bulls, but still consideration of any reversal will need more confirmations. The most important requirements to change outlook from bearish to correction/reversal is to stay above 6250 level. From the above, 6600 level will be the next resistance. A comeback below 6250 and Bearish Trend Line will send the price to test the next support at 5750 (2018 low). Also, it is worth remembering that the SEC is now scheduled to decide on the Bitcoin 3.96% ETF ruling by September 30, so, presumably, we will not see any significant developments until this date (or premature SEC statements), rather it will be a lateral volatile trading ruled by rumors.
Today forecast Trading in the 6250 – 6600 zone.
Latest news
Comments from Nick Szabo on ETF A well-known cryptographer and pioneer in the field of smart contracts, Nick Szabo on Twitter expressed his fears about the approval of bitcoin-ETF. In his opinion, there will be more cons than pros from crypto-exchange-traded funds approval. “I for one am not lobbying for an ETF or for Wall Street-managed money in general. It might cause more problems than it's worth. The recent sell-off by dumb money has or soon will deprecate many opinionated know-nothings in this space. We don't need new ones to take their place.” - @NickSzabo4 Big whale transaction on BitMEX wallet detected Yesterday at 8:50 UTC time, a transaction involving 10 BTC 3.96% went to a BitMEX-associated wallet. It didn’t seem like much, but less than half an hour later, another 16 wallets sent 17,990 BTC 3.96% , bringing the suspected BitMEX wallet’s balance to a grand total of just a hair over 18,000 coins, this was a few hours before BTCUSD 3.96% showed a recovery movement from the 6000 level. Such noticeable transactions sparked conversations and fears across the community in multiple social networks: whether that will be a short or a long position... Here is the synopsis of the most meaningful opinions: “They have to make sure the price stays below $6150 until futures close tomorrow.” “Shorts are stacked a mile high. Expect volatility .” “Aside from the possibility that the exchange is consolidating coins to a cold storage wallet, it could also be providing liquidity for its trading platform. Either of these conclusions could be likely, considering that it just recently posted another record-breaking trading volume of over 1 million BTC 3.96% .” Anyway, one thing stays clear, we should expect a high volatility soon, and a fall further down stays in a high probability for now.
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It seems a lot of people are dumping their gear what is worthless right now... However the -new- upcoming Avalon 1,9GH Scrypt miner @1700 watt does only make 1 dollar a day right now. So who would ever buy this gear? 1 dollar a day mining LTC is NOT where you buy miners for??? (Everything else scrypt I call scam) People are far better of just buy the coins they like and wait. Because if coins fail deeper your miner does even less! More worthless
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Does anyone have any Coupons? I would like to buy 1 more S9j.
If you don't mind me asking what you gonna do with S9? Every mining S9 losing aprox $0.50 per day Isn't just buying BTC mere profitable? Yep, your right... It seems Bitmain stopped selling -miners- but is only selling doorstoppers and toasters right now. Alltough the community seems all fine by these marvelous scam the last 9 months
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It is unbelievable how many people here are completely blinded by their own dogma... "nothing to worry" "normal market correction" "all will be oke" You really think this pump up and this dump down is -market- ?? Welcome in the world of "the ones who really own it all" This is going to get ugly real fast, watch the show! 50% lower from this point? No problemo -they- take care of it.
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Well, it seems some people think Litecoin is going to go up soon. I don't see that... LTC has done nothing within the latest bull run in BTC, check it and you will see LTC is going to hit even newer lower lows! (in the make right now) And nobody ask themself; How is it possible the Charlie Lee sold -his- LTC on exactly the LTC highs and from that point LTC dropped like a brick. I am sure this guy was -told- to sell! This will go lower and some very big boys will keep buying LTC for bargains till the end of this year and even next year. I think this -party- is going for an 51%+ in LTC and also behind the bank that LTC has bought in 9.9% (with Bitpay(?) also 9,9%) Maybe I am wrong, but what is going on is the creation of a new "financial instrument" in what LTC has the big role. Make sure you have also 51%+ of the hashing power and you can consider LTC -yours- with full control. Combine this with a payment processor and the Lightning network of LTC and this "new product" is able to compete with Visa and is ready for millions and millions transaction a day. Who gets ALL these fees... And that is also why a Bank is needed. Users in Crypto are low, bent your product for use on other markets and you have mass acceptance without "the people" know there are using Crypto\Blockchain. At the frontside you can name this whatever you like. You can even call it "Euro" or "Francs" for even quicker acceptance. I think BCH is walking the same line, but here is Bitmain the one and BCH has chosen to create big blocks instead of a Lightning layer. Technically it will be able to do the same, only chosen a other solution. Maybe I get it wrong... Time will tell.
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Today I did send 2 transaction with both approx 5000 NLG from my Gulden 1.6 Wallet to the new 2.0 Wallet.
However, 1 transaction went smooth and within seconds\minutes. The other stays in the mempool and still unconfirmed after 1 hour.
How long can this take? TXid also not visible in the blockchain...And just when I type this, txid is visible.... Payment is received and I can go home
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I am located in the Netherlands.
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Bump Damn what a great price for someone that has solved the electricity issue. I'd buy them all but my house can't take more than 2kw of extra draw lol
Yeah, it is a super price! But the market seems the be so completely fucked by Bitmain, I don't even can sell these for 100 euro each...
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Today I did start my Gulden 1.6 wallet (after a small holiday) and I received all the blocks to get up to date with the Blockchain. Still not tried the 2.0 wallet because I was not sure if all was perfect. It seems we had some small trouble...
The best thing, I understand, is to wait for an announcement that the problems are solved. (So I can send my NLG from the 1.6 wallet to the 2.0 wallet)
You do not need to sent over anything, just quit the old wallet, download and install the new wallet, overwrite the old files and open the new wallet. That’s it. But always make sure you have your recoverysentence first. Yeah I did get that, however I have to install the wallet on a new PC, so that is why I have to send them over. (Or I put them on a paper wallet) But off course I can also use the recoverysentence after installing the 2.0 wallet and it should be fine... Thanks for the quick reply Jean.Luc
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Today I did start my Gulden 1.6 wallet (after a small holiday) and I received all the blocks to get up to date with the Blockchain. Still not tried the 2.0 wallet because I was not sure if all was perfect. It seems we had some small trouble...
The best thing, I understand, is to wait for an announcement that the problems are solved. (So I can send my NLG from the 1.6 wallet to the 2.0 wallet)
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You are not willing to provide a photo of the gear with username since 03-07.
I think that says enough, watch out people.
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Bump
(Reservation removed and back up for sale)
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Can you explain why this coin is battling when it is ahead of the rest in development. Is it really marketing?
Yep, it mostly is Marketing (or the lack of it). If you want to invest in something, you can do it for different reasons, but most of us are probably in it to make some money. Would you then rather invest in: A: A bad product that sells very well (Lot's of consumers due to good marketing) B: A good product that sells very poor (Very few consumers due to lack of marketing) I'll chose A to be honest. There is an option C btw: A good product that sells very well (Loads of consumers due to a good product and excellent marketing). This option I would prefer, but will never happen when Rijk and his gestapo keep kicking everyone out that even dare to discuss good marketing. So, again, I'll stick to option A for now. Aah, how nice to see The Cry Babies can't handle the Bear Market (lol) I think it is best for you to leave if you are not able to handle what is happening to the entire market right now. You just thought you could make some quick money when the Bull started running. If you had traded before, like the stock market. You would know a Bull cannot run forever. You stepped in, Bull went down and are crying like a toddler who's Lolly pop has been taken. It is obvious you cannot handle this situation, so pick another hobby!
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