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10681  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2017, 10:32:10 PM
He may have made the dick statement before the forkening. I haven't exactly been keeping track.

https://twitter.com/officialmcafee/status/887012614131372032

The wording here is a little ambiguous but if he didn't mean Bitcoin Cash I'll eat your dick. There's definitely an explicit mention in an article. I'll dig it out.

Edit - https://cointelegraph.com/news/mcafee-stakes-his-name-10-mln-on-bitcoin-split
10682  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2017, 10:17:07 PM
Pretty sure that was a ridiculous idea made up by Cashodler

Nope.

https://twitter.com/bitcolncash/status/892889503504883713?lang=en-gb

Crappy source but I've definitely read it elsewhere.
10683  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: September 01, 2017, 10:14:32 PM
They'll do it when NEM is ready, not yet but it'll be ready when it's ready.

Then why is utter crap that'll never be ready booming away on some of the most established exchanges?
10684  Economy / Service Discussion / Re: Trezor Wallet - any promo codes to buy? on: September 01, 2017, 08:37:00 PM
Is the supply really that low that people are willing to pay double for them? I ordered one yesterday and got an email this morning saying mine has been shipped, and the website suggests a 4 day wait before they will be shipped. I don't even think the Nintendo Switch resold a lot at double the price, and the demand for that was a lot higher then supply.

Pretty sure there aren't any promo codes, as I searched for them before buying and didn't find any that were valid. I doubt new ones were issued today.

It's eased up now, but a few weeks back the cheapest one I could find on Amazon/Ebay was the equivalent of 180 Euros when list is 89 ish. There were people on Reddit offering commissions for anyone who could point them to an online sale at list price.

I ordered a Trezor before the summer and it was here in three days, but then the world went a little bonkers.

At one point Ledger delivery times were over two months. Maybe with the current excitement those waits are going to return.
10685  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2017, 07:48:16 PM
You sure?

Where are their penises?
10686  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2017, 06:59:38 PM
If Risto had 20000BTC of monero on a web wallet then I will eat my dick live on national television.

He showed a screenshot of several million dollars' worth left in Poloniex so anything is possible when it comes to the fate of your Johnson.
10687  Bitcoin / Development & Technical Discussion / Re: Just confriming, segwit or segwit2x is going ahead on BTC? on: September 01, 2017, 06:39:34 PM
How will that affect segwit2x?

The one and only thing it had going for it was that overwhelming 'consensus'. That will rapidly dwindle away. What you're left with is a rushed hard fork with no rated developers that no one wants other than a minuscule handful of people.

It's not going to happen in any meaningful way.


If 90% or more of the miners supports it then its really core who should add replay protection and change the difficulty adjusting.

Why should every single user out there have to migrate to something decided by a handful of people with blinking boxes?
10688  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2017, 06:32:05 PM
His laptop was hacked.

Paper wallets FTW.

Is there such a thing for Monero? I get the impression the wallet situation is less than ideal.
10689  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: September 01, 2017, 04:21:32 PM
I will work on spamming exchanges with NEM emails to get them to add NEM.

Not good enough. They're spammed by altcoin fans thousands of times per hour. Spam the volume with millions of buys.
10690  Economy / Service Discussion / Re: Trezor Wallet - any promo codes to buy? on: September 01, 2017, 03:29:48 PM
I thought Mycelium was meant to be a good mobile wallet. Why do you think it's a piece of junk?

What are "in hand ones"? Are you saying 2nd hand Trezors are half the price of a new one?

Because they have a huge button linking to some dodgy sounding ICO directly below your normal Bitcoin functions. That's not the actions of a competent company. The last time users were outraged by them inserting ads into the wallet the developers promised not to do it again. Then they returned with something much worse.

There's also no mention of adding Segwit addresses, dealing with BCH or being able to control fees which means users are probably throwing away thousands of dollars a day. 

In hand means it's in the possession of the seller ready to send. I wouldn't buy an unsealed one though.
10691  Economy / Speculation / Re: GBTC Bitcoin Investment Trust Observer on: September 01, 2017, 03:21:30 PM
An interesting factoid -
http://www.investmentnews.com/article/20170831/FREE/170839978/sec-names-dalia-blass-director-of-investment-management

The new SEC head of investment management, the bit that approves ETFs is a lawyer formerly engaged by the Winklevii. It's coincided with a juicy fall in the premium which could  be pure coincidence.

An ETF will still be an exceedingly long shot.
10692  Economy / Economics / Re: Fidelity called Bitcoin a "bubble" on: September 01, 2017, 01:37:46 PM
It's risen 5x since the start of the year. Maybe they have a point? Equally they may look like total idiots in retrospect. Retrospect is the only way we'll know anyway.

That 5x rise might be a bubble or it might be a reaction to long time suppression. At present it's really hard to analyse. These prices are uncharted waters.
10693  Economy / Speculation / Re: When do you think the BTC correction is coming? Is a crypto crash coming? on: September 01, 2017, 12:25:48 PM
i am not asking what will or will not happen!
i am asking what they expect out of a "correction".

Reality for me at least was left behind above $1500 or so. Since that $1800 bottom it's carried on drifting up and I'm not sure I'd call a 20% drop a correction, more of a breather.

At this moment in time I ain't got a clue what's going to happen.
10694  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: September 01, 2017, 11:35:59 AM
Does anyone know whether there are plans to to have NEM listed on fiat exchanges like kraken, bitfinex, bitstamp or coinbase ?

Even if we could bribe Kraken, I doubt they're going to be adding anything new for a long while. They've culled their markets to concentrate on working again.

As for the others, I doubt it. XEM volume is too low and too erratic.
10695  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: September 01, 2017, 11:25:02 AM
https://coinjournal.net/estonian-government-considering-raising-bitcoin-sovereign-wealth-fund/

Estonia is looking to add BTC to a sovereign wealth fund. They're looking to raise it by means of an ICO in their own token. Weird.
10696  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2017, 11:20:57 AM
It's very silly that the SEC has inadvertently created an even more volatile offshoot of Bitcoin.

Inadvertently?

Yes. By not doing something to accommodate ETFs, all that potential money heads straight to GBTC which will always be far more volatile and less liquid.

I can totally understand why they didn't approve an ETF, but perhaps they should've looked more into how it would be possible in the future. More money will seep into unstable cracks. This is American retirement money in a lashed up instrument.
10697  Economy / Exchanges / Re: This is what happened to Wave Crest Ltd. (aka MyChoice) on: September 01, 2017, 11:12:08 AM
EU residents might be safe and unaffected by the merger and acquisition of Wave Crest by Visa International but they will be affected by the contract dissolution. As a result of the merger, Visa International decided to no longer offer the cards to users residing outside Europe.

As you may have noticed, the bitcoin card providers are actively looking for new banking partners. This signals that they will no longer support the Wave Crest brand of cards and as such even EU residents subscribing to services of Xapo, Cryptopay, Wirex, Uquid, Bitpay etc will also no longer be able to use those cards beyond October. As an EU resident, what use is it to have a card which you can't load with funds if these bitcoin card providers no longer offer and support those cards?

So we are all in this together, EU and non-EU residents.

https://blog.xapo.com/xapo-debit-card-update/

There's no mention of that anywhere. If that was the case they would've stated it clearly. Europeans will be fine. They can still order cards.
10698  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2017, 11:05:43 AM
An interesting CNBC clip in where Andrew Left states that within the next six months there will be multiple bitcoin/crypto ETFs / Instruments approved.
He also says he is shorting the Bitcoin investment trust which makes sense as its 120% over BTC price.

https://www.cnbc.com/video/2017/08/31/short-seller-andrew-left-targets-grayscales-bitcoin-trust.html?play=1

Where does one short it?

It's very silly that the SEC has inadvertently created an even more volatile offshoot of Bitcoin.
10699  Bitcoin / Bitcoin Discussion / Re: High transaction fee can be resolved? on: September 01, 2017, 10:42:33 AM
I didn't realize I was overpaying so much until recently. When I use my Electrum wallet now, I slide the fee slider all the way down to "within 25 blocks" and I still generally get confirmed in the next block. I could probably switch to manual fees and cut that in half and not experience any issues, if I were to guess.

But the reality is, the vast majority of the time, I don't mind paying a couple bucks if it means I can get a transaction confirmed quickly. But I also gave up on microtransactions a long time ago.

It's a neat little lesson in what happens when you partially hand over control of your transactions to third parties.

It does get on my tits when people whine about it being billed as free. Not being free is baked into its code and was from minute one. Fees have definitely become excessive but they're a necessity and in the future there won't be an operative Bitcoin without them.
10700  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2017, 10:34:50 AM
Anyone else slightly surprised that with BTC going up BitCH has not moved? Should it not be going down at least a little? Sorry Im biased as I have a short margin on BCH  Grin Grin Grin

Yes. I think it's weird. I expected a lot more action and volume from it.
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