If you are going to trade why not invest in a bot to do it for you? Or is that just how shit coin trading works?
Real men don't use bots. Actually, I wouldn't trust one. How could I encode my neurons? Bots have their niche, but they're always boxed in. Having said that, do I feel weary. Trading every stupid hour of the day is starting to take its toll
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Very unlikely imo. That would be a massive rise in such a short amount of time. I think a big correction is way more likely than an epic pump to $3000 by end of June.
I expect a correction, but honestly, is a rally to $3000 so unlikely? Total mcap of crypto has been going bananas (I believe is the technical term) and it's not like such massive and rapid rises are a new phenomenon in this space.
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You need to think that* through.
*relying on a third party to authorise your transactions.
It wouldn't require entrusting stuff to a third party. Your keys would be shared between two devices and you'd need both to sign a transaction. I think this was the paper: https://eprint.iacr.org/2014/629.pdf
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Armory still the best. Rewards the effort with unbeaten security and subtlety like coin control. Master seed can be split onto two stamped steel plates then stored in separate bank vaults in two different jurisdictions.
Talking about secure wallets, are there none with 2FA? I thought I remember reading about a technique that would make this possible. Signing transactions with Authy or the like would be awesome.
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There's the long squeeze. Rates are down nearer historical levels and available coins are up significantly on margin.
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Jesus, what next for BoA, firing heirlooms back to clients via cannon? Their arrogance and disregard is boundless.
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Man, fucking Polo. They're making, what, over a million a day and they still can't get their shit together.
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quoting Craig Wright is the last resort for anyone who wants to make a point. I have no interest in what he has to say.
Quite, that's a default forfeit of one's argument in my book. Just don't tell me that you're holding USDT on the scam exchange called Poloniex. Just be a bit more patient (Finex wise). Not a word to be bandied about lightly - what's the basis for this accusation?
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Blame it on Canada!
We can squarely blame this on Jimbo for not buying the dip. CAD will now experience a Chinese moment, where prices decouple by 20%.
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As usual, whales trying to shake weak hands, this rally is far from over and it's not only focused on ETH. It's very very hard to time the market sadly, there are corrections and there will be major ones but from where it's anyone's guess. Bitcoin dominance keeps falling but I'm beginning to think that even BTC will be ok long term, depending on ETH news in the next upcoming months (EEA new companies onboarding, Metropolis, Raiden Network) we can see the flippening or not, it doesn't matter, the whole market is booming and I'm sure this "bubble" will deflate like many other times before. But the bottomline is that there will be higher lows.
I think the $250 target price yefi mentioned some posts above could very well happen before the end of the year or at least close to Metropolis release if everything goes well. Sooner or faster than that it won't be very organic at all.
Indeed mtnsaa, I'd hold like a rock at this point. If this is forming into a bubble, price isn't high enough to sell, and at worst I can only see a higher low before another rally. The lending rate is 0.0028% now. It seems there are plenty on offer.
I believe you are looking at ETH lending rates there, which you use to short. BTC lending rates have been far higher than that. The rate has been volatile, with some spikes above 1%, market rate around 0.3% currently. Interestingly, the guy who borrowed off me for ~1% closed his position today.
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In the 250 entries above, I see only one entry which does not belong to 2017. A BTC-CNY entry from 2013. I presume even this will be erased in a couple of weeks. 2017 is legion! 2013 day's are numbers, the new bubble forms.
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Thx Lauda, unfortunately the pic doesn't work anymore, i think the price is to high with all those extra zero's
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almost all altcoins and eth are red atm. btc is ath. remember this is the 1st day of may
Longs got out of hand. Lending rates hit 2% at one point on Polo. I'm personally lending out for nearly 1%. These guys are in a bad position, and there could be a long margin call along with a pump of BTC. Longer term though, alt dominance doesn't seem like it will do anything but increase. Sell in May, come back in June?
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Lets face it...this thread isn't what it used to be!
I doubt any bigtime traders read it at all after it became a graveyard of shills! Lets face it... it never has been what it used to be. Father Time has misprescribed lenses don't you know.
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am I the only one on the board who diversifies in Alts (large n small cap) while holding majority BTC? Seems the way to go as a buy and holder
my BTC dominance has gone from 80% to 60%, pretty much mirroring the actual BTC dominance
No, I'm doing the same (albeit to a lesser degree). Some diversification seems prudent given their increasing role, though many here would disagree.
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I think this is part of the drop I was talking about yesterday, which some ultra-bulls didn't agree with. Clearly there are some weak fundamentals right now and Bitfinex will make them worse.
We might keep going a little bit further up but I would expect a drop to $1150 or lower within a couple of weeks before a sustained rise.
Turns out the "ultra-bulls" are correct
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There is more new money in the market for this Ripple rise than the previous one in early April. This rise will be more sustainable than the previous one. Altcoins and btc are rising together. This means that people are buying btc using fiat money and investing in altcoins. Expect huge increase in all established altcoins for the next few weeks.
Yeah, longs seems overextended at the moment though. Lending rates on BTC at Polo have touched nosebleed levels.
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There's just no stopping ETH at the moment. Wonder if this will follow the Bitcoin bubble from 2013 in dollar terms and go to $250?
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Polo without a doubt. Home to the great whales.
Bittrex is probably good if you're trading with small sums. I've also seen some good volatility there on some new coins, which they tend to list first.
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