Any strategy built on assuming that the attacker will not sell his coins soon is dangerous. The absence of apps and significant dev activity is more critical and worrying.
This. the question is how will the attacker sell his coins? The exchanges will surely freeze them once he makes a deposit. His address is public located here https://gastracker.io/addr/0x5e8f0e63e7614c47079a41ad4c37be7def06df5aYou can follow his movements in real time. He also recently donated 1000 ETC to the development team of ETC.
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@Vlad2Vlad. If it was manipulated to go up can it be also manipulated to go down? It could be a nice strategy for the whales to profit in both directions. In Poloniex you can short ETH. I am not sure with Kraken.
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So many coins now claim they are anonymous with many different ones saying they are the first ones to do so. What are the real anonymous coins we have now. Are any 100% anonymous and untraceable?
These reasons are why all anon fails.Your IP address is not anon, Your Browser info is not anon, Your Email Address is not anon, Your Bank Account which you linked is not anon, Your address where you mailed or received goods is not anon, there are no guarantees the person that did business with you did not sell your identifiable information. All anon solutions will fail til they can solve all of the above. But surely there is a way to circumvent them? Use a VPN that does not log your activity, use Tor or I2P, use a darknet email or a fake email, stop using banks and use only bitcoin, and then get a PO box. I know there will be holes where the authorities could catch you but if you are careful and keep track of your anonymity religiously you can do it.
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What are some crypto friendly banks?
Only one I know is Fidor in Germany.
Stop using banks. Convert your money to bitcoins where you can have full control of your money. But you should learn to secure it well. That responsibility also comes with luxury of freedom with any of your valuables.
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The ETC development team should find a way to increase their hashing power. No one will have full confidence in investing with ETC if there is a question of a 51% attack vulnerability. There are whales holding ETC right? It is in their interest to give incentive for miners to increase power to protect their investment.
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I fear that when they finally release on Q4 2017 they will already be too late. Where will ETH, ETC, LSK plus others would be by then. Also will smart contract platforms be considered still relevant? It is already showing that they too will have problems with scalability and that there is no interest for companies in building on top of them except for research purposes. I speculate that the hype will fade away and that Synereo will arrive late in the party.
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This will be fun. Let us see what the EFF and the old men of crypto react to this and how they will counter this. Will this make crypto improve and become stronger?
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If you were paying attention other anonymous coins are also rising. NAV and SDC have reached high prices because of the Monero darknet news. The next time there is hype with one coin always look for other coins that are directly competing with it that also have similar features. If one day there is again hype on ETH then look at the movement of ETC and LSK.
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@Digitalbitcoin. Also do point out that it is going up also because of the people speculating on XMR. I do not believe there is a high enough "demand" at this point because it is still newly accepted in the darknet. Maybe in the future it will be but not today.
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1. I am right and you will understand that if you at least try to do some research. 2. Do you think that the FailArmy YouTube channel for example could be taken seriously? They only have 11.4 million subscribers and over 3.1 billion views. Not to mention Jukin media (which owns FailArmy) with over 40 million subscribers and 14 billion views on YouTube alone. You are not the first one mocking with FAIL and this serves you no good. We are nice people, we don't deserve such attitude, and if you think about it a bit more, then you'll realize that FAIL has a better potential than probably 90% of the alts. I rest my case. I will not argue with you anymore and we have both made our points clear. I am happy with that. Let us just agree to disagree and be on our way.
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And what is that I am thinking? That not a single "professional" trader can perform a true TA on Bitcoin or altcoins? And this makes me a lousy trader? Come on, be serious. I know, you already made your point. But it does not mean you are right. Having a brokers license does not make you an authority in the matter. I find it also funny that a guy with a brokers license started "fail coin" and expect to be taken seriously.
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Look buddy, I have broker certificate "A" from Sofia Commodity exchange since 2003, so I know a thing or two about trading. But this is not the subject of the thread.
P.S. Anyway, you can make some research and you'll see that I'm right.
Then you must suck as a trader if you have that certificate and still think that way. Most professional day traders would love to trade this kind of volatility like the altcoin market has. I suspect some of them might be trading in the cryptosphere now. Also if you are a broker it does not mean you are a good trader. It just means you have a license to take orders from your clients and bosses in the commodity market.
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@mtnsaa. We will see. For me that strong support is the last for now. If that breaks I speculate that ETH will fall below 150k satoshis or lower. Maybe this is the first of the altcoin bear market starting again? I am seeing Dash is also falling down now.
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Well it is at 40k satoshis now thanks to a new pump. I am still skeptical that the price will hold after the Ardor tokens are distributed because NXT has been going down before the Ardor announcement and was considered dying by the community. Only the speculative value of Ardor is giving it life right now.
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Comparing penny stocks market with Bitcoin is like comparing Apple/Samsung with a local phone shop. And it is not a good example since TA on penny stocks has its pros and cons.
What are you talking about? Trading is trading, there's the price, the volume and the movement of the market. This is not rocket science and it all can be analyzed using technical analysis. Some traders even trade across all stocks, commodities and forex. Do not tell me these are all the same to you. Also may I point out those 3 have different ranges of volatility it is up to the trader to adjust if he really is good at trading.
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I think you are mistaken again. Is it not the job of the trader who uses technical analysis to include volatility in his strategy?
Like I said, BTC market is too volatile and very often it does not follow certain patterns, which are important "tools" to use while making TA. Is there such a thing as "too volatile" in trading? What are you saying that no trader can use technical analysis no matter how good they are because "it does not work" and also because there is not enough "organic growth"? Well there is a LOT of volatility in penny stocks and there is NO organic growth in them, they are traded for speculative value, so why are there profitable day traders trading them for a living?
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Please do not tell JavaScript developers about LISK now except they are cryptocurrency speculators. LISK SDK needs to be usable first. It is a very bad experience if they try it now and it does not work
It might be better if they have a private beta first and then followed by a public beta. That would be a way to make sure everything is in order and ready to avoid any embarrassments from the community. I am sure if there are any it would affect the price of Lisk badly yet again which we do not need right now.
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Only 1000 ETC? Surely he can do better than that. He "earned" millions from the "hack" and that is all he can spare? That is funny. I cannot see how this is big news. Also there is the bigger problem. What does he intend to do with all his ETC now that he has full control of it? Not to dump on the market I hope. It would be nice to have an official statement from him.
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The hackers funds belong to him legitimately free and clear on the etc chain because of the professed principles of the etc devs and community (ones that the devs abandoned and subsequently forked the chain to make a new ethereum without inconvenient principles). ... That is open to argument because different people see it differently even in the ETC community. But that is not the real problem. The real problem is what does the attacker intend to do with all that ETC? Also can he sell them somewhere other than the exchanges where they will be surely frozen. The attacker also donated 1000 ETC to the address of the ETC developers. Cheap he should donate a lot more.
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@mtnsaa. I speculate that the support at 186k satoshis will break but I could be mistaken. It has been going in that direction for a while now and it will be put to the test soon. If we see that it the support is indeed strong enough then it might be safe to get in at the price near the support.
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