"The first 5,000 users to register and complete Account Verification (KYC) on binance.je will be rewarded with 20 EUR. Further details on this promotion can be found here." - that does not look like massive uptake.
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Better question would be how much have you shorted above 4K?
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Ah that old inferiority complex play.
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Am I the only one to find the title kind of strange? That composition of words.
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Maybe there is no bottom - just asymptotic ride to 0.
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... Its purpose it for wealthy billionaires to keep part of their wealth inaccessible through offline wallets. ..
I am not a billionaire - but if I was and saw my wealth part put into crypto shrinking so fast I would probably stop trusting it as a good store of value.
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SEC just charged an exchange operators for probably some pretty exotic tokens "With Operating As Unregistered Broker-Dealers": https://www.sec.gov/news/press-release/2018-185. If I was an exchange operator I would now diligently check all the traded coins and tokens and stop the trading of all that could be seen as securities. This probably applies not only to US based exchanges if only they let USA citizens to trade on them. The coins that are interpreted as securities by SEC will be gradually delisted from the exchanges and their price will drop - this might be a good idea for a short.
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Shorting is a dangerous game - but we have many threads about the best alts for investment - so for a change which is the best for shorting?
Personally I feel like we are in a long slow slide down phase, too much money has been sucked out of the system and no new inflows visible (maybe a next EURo crisis could be a crypto boost - but it is hard to tell) - so in general I predict a slow slide down as people get disinterested.
So here are some types: LTC - its resurrection out of the purgatory was based on speculations on segwit introduction and lightning - but so far lightning is rather disappointing, there is really no reason for LTC to be in the top market caps. ETH - the ICO hype is clearly going down and it was probably the number one reason for ETH pump, without it ETH should retrace IOTA - many technical problems
For the short-term investments the tron is most suitable, and the last time is very much pumped out. I also noticed that the Zilliqa is used by many for the same purposes. Short does not mean short term - it means a www.investopedia.com/terms/s/short.asp .
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Shorting is a dangerous game - but we have many threads about the best alts for investment - so for a change which is the best for shorting?
Personally I feel like we are in a long slow slide down phase, too much money has been sucked out of the system and no new inflows visible (maybe a next EURo crisis could be a crypto boost - but it is hard to tell) - so in general I predict a slow slide down as people get disinterested.
So here are some types: LTC - its resurrection out of the purgatory was based on speculations on segwit introduction and lightning - but so far lightning is rather disappointing, there is really no reason for LTC to be in the top market caps. ETH - the ICO hype is clearly going down and it was probably the number one reason for ETH pump, without it ETH should retrace IOTA - many technical problems
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Looks like Italy can fuel media speculations like Cyprus did in 2013. At this weak volume days this can be significant.
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I´m tired of hearing the argument "but Bitcoin wastes more energy than ... 3. Fiat currencies are supposedly backed by the power of the state... meanwhile the US military consumes more energy than Bitcoin mining per year (this is a comparison of the military of a single country compared to a truly global currency)
Yeah - I am waiting for the USA to replace their army by a bitcoin mining rig.
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We need it up, can't wait to enjoy the joy if trading again
What is stopping you from trading at this level?
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Trend is your friend - but which one? The one that in the span of a few years went from under $1 to the $7K now? Or the one that went down from neary $20K to current $7K? Or maybe the one that lead us from $6K to $7K in recent hours?
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Ever since I have been here (that is beginning of 2011) I have seen discussions about that correlation. Unfortunately it is useless as trading signal - because the searches are mostly trailing price not the other way around.
Not so long ago in a similar way 'scientists have discovered' the Willy Bot story.
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Personally I am betting on DPOS systems to be the next big thing. DPOS systems will not be as decentralized as current POW or POS systems - but solving the scaling problem will be a huge thing. I think people have not yet realized that DPOS solves that and when it becomes common knowledge they will go boom. Many people will shout about the centralization problems - but nobody will listen to them before the problem becomes evident and that will take some time.
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It slept like LTC for a long time and now boom. Any one can connect this to any news?
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Has anything changed recently? Looks like PPC is rallying. Is it still centralized via checkpoints?
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China government wants to take a part in anything that could replace dollar as the international currency, it also likes to be high-tech etc. But it also wants capital controls. Now bitcoin is approaching the scale where it becomes relevant for capital controls and as it is it can be used for sidestepping them. This is the conflict - there are also people who want to profit from any policy choice - but they need to construct their arguments so that they adhere to those two main goals. Governments could have capital controls over bitcoin only if they controlled all mining operations and required that everything goes into wallets operated by regulated companies. This would be quite ridiculous - but they could still pretend that they are pro-bitcoin.
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