The trustee has shown incompetence in several occsasions. It always felt like he googled "how to sell bitcoin" and got into some exchange. Why the hell would you dump on Kraken? it's insane. Anyone with some competence would first of all go OTC and find a deal with a billionaire willing to buy big packs of coins to avoid market destruction.

Then we have the decision itself of forcing the coins to be sold instead of just sending a transaction to creditor's wallets, so they get their coins back and nobody suffers a loss. It's completely retarded that we are dealing with this when bitcoin can be easily transacted back to the people that lost it. And if you ask the people that lost the coins, they want their coins back, not fiat..

It looks like a lot of people where paying attention to the G20 summit news for some reason, and it urns that they ended up being positive, doing a flipping 180 degree change on their opinion, since one of the chairmans was negative about cryptocurrency not a long time ago, but now they said "cryptocurrency does not pose risk to the financial system" and apparently this made Bitcoin skyrocket again to $8000+.

It sucks that people are paying attention to these news to value their coins. Bitcoin is about not caring what the damn G20 bureaucrats about have to say about things, but whatever.

If you want to go not x5 but x10, check out Poswallet, they are rebranding to Stakenet and I believe this project has massive potential. Once Ethereum goes Proof of Stake, the Stakenet website will have tons of traffic and network effect will spread. It will become the de-facto way to get your coins staked without having to download each wallet.

Masternodes are coming soon, devs are working hard, you can still get in at the bottom. Im sure it will go x10 eventually against BTC, not only USD.

https://coinmarketcap.com/currencies/posw-coin/

This is the price of XSN, coinmarketcap hasnt updated it yet.

I successfully completed the migration of half of my POSW holdings. I sent them from cryptopia to Livecoin the other day, and now I checked and they have been converted to XSN.

The question is: How do I convert the other half? The POSW markets are frozen on Livecoin so I can deposit my coins on there... their twitter says tomorrow is another round ("The next coin swap will be March 21st on Livecoin.")

https://twitter.com/XSNofficial/status/974979083221258240

This means that they will open POSW tomorrow so I can send it from cryptopia to Livecoin again? or I should have sent them already?

When will I able to convert my remaining POSW to XSN? please help, I think it ends on May 1st.

The point of Bitcoin was that it shouldn't care what regulators have to say about it. If the price of Bitcoin depends on the opinion that G20, a group of old people that don't even know what Bitcoin is or how to use it, is, then this just means that there's a bunch of idiots holding Bitcoin that need to be smoked from the market allocating these coins into the hands of people that will not dump depending on what some bureaucrats have to say.

It depends on the point of view.

Some people see the lack of regulation as a positive, they see the fact that nobody buy you controls the money as something desirable. They also see the unrevertible transactions as something positive and so on.

Other people see that as very negative traits... they want the peace of mind of knowing that you will be able to blame someone else but yourself for your stupidity. They also want to be able to revert transactions.

This is why Bitcoin is so polarizing. Some people just don't get why it has value.

As a matter of fact there is a group dedicated to market manipulation called PPT:



The full definition from investopedia here:

https://www.investopedia.com/terms/p/plunge-protection-team.asp

Do you really think that the powers that be are going to be playing fair against something that can challenge the status quo? time to stop being naive.

Hi, I made a mistake with the hour due different timezones this week (im out and very busy) and got confused, jet lagged too as I speak.. I think I didn't made it within 25 posts on time, I think by 2 posts only. I hope the posts are good enough to get paid nontheless. I will try to get 25 on time for next week, cheers.

What are things measured against? fiat. Who has the money printers? the powers that be. Then by this basic premise, how isn't every manipulated and keep under control? they can issue futures at any rates, pump and dump at will... who cares? they print the money.

With Bitcoin, since everything is mathematically correct and open source and limited in amount, they can't win, only become bigger players by hoarding, and that is what they are doing, they are taking away people's coins and hoarding them.

Noticed how gold, silver and other assets like uranium started crashing right when the CME futures started?







Now compared to Bitcoin:



Remember this guy?



The powers that be are manipulating Bitcoin suppressing it's price since they can print as much fiat as needed to keep it down. The Futures is the Wall St goons section where they get them trying to control the market participants expectations. Their goal is to frustrate potential buyers through this and get holders to dump, triggering avalanches through media FUD as well:



The hope: Bitcoin is different to any other asset they've had to deal with in the past. This is a war of epic proportions at play as we speak. Buy the dip, long term they can't win. Let them keep printing money, see what happens.

If you are out of the market and you wanted to wait for it to stabilize, I think it's the correct way to do right now. We have broken (unfortunately) most resistances that could held us up in price, I think we are on a bear market for now, until the charts tell me otherwise.

If I was out of the market, I would wait it out, and once the price starts stagnating, aka becoming almost flat, it may be a good idea to start planning a big entry, similar to how Bitcoin stagnated after MtGox's crash. When everyone starts saying how Bitcoin is dead and the price is almost flat (2014-2015) period this is the ideal period to accumulate. I hope that happens, which would mean 2018-2019 will be an accumulation period, and 2020 will be the new era of $100k+ a coin, with once again, a bunch of people on the brink of suicide because they sold at the bottom during that accumulation period.

Whatever you do, just don't short it... that's insanely risky. BTC can skyrocket at any time and put shorters in bankruptcy overnight.

I have been having problems with the "try again" or "connection error" stuff within the captcha box before. Like I said before, this message is within the forum, not within the captcha box, and it happens after you get a green checkmark of a successfully completed captcha.

The only logical explanation is that the IP changes right after you complete the captcha, so once you press "login", you are already using a different IP, so the forum gives you that error. What I don't understand is that this happens even after I change IP sometimes, and as far as I know Tor only changes IP automatically every 10 minutes..

It means "elite", I think it's one of the ancient memes on the internet. I remember ages ago when I played videogames online, saying that you were "1337" meant that you were really good, and it is in ASCII code, "1337" = "leet" = "elite". It's just a really geeky homage to that by theymos as far as I know, or maybe it came like that by default in forum software.

https://en.wikipedia.org/wiki/Leet

Im sure we Tor users are well aware of the "Try again" message after completing the recaptcha and generally trying a bunch of IPs's until you get one that isn't banned, but im getting a new one that I don't remember ever getting before...

After successfully completing the recaptcha clicking all the damn cars, roads and buses and what have you, I finally get the green checkmark, then I press login, and I get this error:

"An error has occurred!
"Incorrect recaptcha."

That's all. And this is a forum error btw, not an error within the recaptcha's box.

Any ideas in how to get around this and why it is happening? my take is that you are unlucky enough to get your Tor node's IP changed right after completing the captcha, and the forum gives you that error..

If you don't understan why a ban on bitcoin means bitcoin is on the right track maybe you don't know what Bitcoin is to begin with. Why do you think satoshi added a newspaper article on the genesis block about banks in the brink of collapse? Exactly.

The nature of Bitcoin is always a challenging one against the status quo. If they aren't fighting back, Bitcoin is not important enough. If they have to resort of a ban, they are showing impotence.

May I remind you what happened quickly after the latest biggest ban news?



Exactly, it triggered a dip... then a big bullrun.

There's still time. Let's see if we can close today above $8500, that would be the very limit... if we go lower and we get a candle under the 1 day moving average... well I guess we may have higher chances at going lower.

Ideally, we want to close the weekend at $9000, ideally a nice pump of $10000+ to close above 5 figures, but unless someone can confirm it, we are still at the mercy of Kobayashi dumping on Kraken. This guy needs to be stopped if he is still not going OTC.

You are free to post whatever you want, but it is too obvious that you are shorting. Me personally, I admit the price can either up or down, even if im bullish long term.

The problem is when people like you think they can predict the future and point to news as being obviously bearish news, when they are subjected to interpretation. For me, regulatory news for instance, means bullish news. Even a ban on bitcoin is bullish, since it means bitcoin is working as the subversive anti-censorship tool that it is, and governments are taking it serious enough to ban it.

So bearish news are relative, if you think shorting bitcoin is a good idea at any rate... good luck with that, because all shorters get eventually rekt.

https://bitcointalk.org/index.php?action=profile;threads;u=1474678;sa=showPosts

This is ridiculous, similar to kwuckduck insanity but with even less effort, at least kwukduck is hilarious.

This is exactly how a bitter panic seller looks like. These guys obviously sold the bottom, and are now trying to get the price as low as possible to get back in. Luckily, they have no weight in the market... I don't know why they even bother spamming these FUD news.

Just ignore the FUDsters, we are going to all time high this year, buy the dip.

We have just crossed the 7 day moving average on the 12 hour chart.. by crossed I mean upwards, with the recent recovery. If we can sustain this for 12 more hours and close above the 7 day moving average on the daily chart, that's the start of something positive. Next step would be to cross the 30 day moving average. I believe we can do this somewhere in April.

Finally, the 200 day moving average which was resistance at february, should be passed somewhere during the summer, starting the bull run to the new all time high.

The alternative scenario is these resistances being broken downwards, which would still be good news for long term holders since BTC would be at an insane discount.

Im not sure about that. There was some japanese guy on twitter, tweeting in japanese so some things may have been lost in translation, but bottomline is that they could be selling at any time, even if some news said that it was frozen until september, this guy say something like "it is independent from that, the trustee can still sell" or something along the lines.

Hoenstly I think it is crazy that they haven't officially gone OTC yet. Kraken should ban the guy's account.