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161  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 12:59:58 PM
thats the spirit

market declines - go short - bitfinex pumps - get rekt
market increases  - go long - bitfinex dumps - get rekt

so just do the opposite of what you normally think  Cheesy

That is almost by definition how to succeed. I can't remember who said it, but the market's job is to make fools of as many people as possible. Going against the herd is pretty smart.
162  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex | Roll-out 2017 on: March 16, 2018, 12:35:10 PM
How long do we have to wait till we can withdrawal the INCT from the toolbar? I'm not an Australien citizen, how is your roadmap for this?

There is no definitive answer to this yet.   It will take as long as required, as Incent remains committed to being fully compliant with existing regulations for the cryptocurrency industry. 
Do you think, Incent is one of those ICOs who has got a subpoena?

https://www.ccn.com/sec-subpoenas-80-cryptocurrency-firms-including-techcrunch-fund/

No.
Smiley

What would happen, if the SEC declares Incent as a security? Could Incent be listed at a SEC regulated exchange as well?

That's pretty hypothetical... would be down to the SEC I guess.
163  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex | Roll-out 2017 on: March 16, 2018, 08:13:42 AM
How long do we have to wait till we can withdrawal the INCT from the toolbar? I'm not an Australien citizen, how is your roadmap for this?

There is no definitive answer to this yet.   It will take as long as required, as Incent remains committed to being fully compliant with existing regulations for the cryptocurrency industry. 
Do you think, Incent is one of those ICOs who has got a subpoena?

https://www.ccn.com/sec-subpoenas-80-cryptocurrency-firms-including-techcrunch-fund/

No.
164  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2018, 11:02:07 AM
Someone can create a nicer version than me with MS Paint. But I thought this was instructive.



Very similar pattern, just on an accelerated timeframe.

If the psychology plays out as it did in 2014, we'll be done in a couple of months. $6k will be a decent price and $4k just about the ultimate bargain.

It's worth saying that awareness and infrastructure are very, very different today. Also that humans' capacity for greed and fear are not.
165  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex | Roll-out 2017 on: March 14, 2018, 05:38:00 PM
Hello Dev ..
What are your plans with incent projects in the future Huh
Are there new features and innovations for this development Huh

Yes indeed. I can appreciate how that wasn't entirely clear. Please see only all of our recent posts for more details.
166  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2018, 04:45:47 PM

Quitting is not an action. Smoking is. All you need to do to quit is to not do anything. To smoke you need to acquire tobacco and fire, light the cigarette and inhale. Unless you're actively smoking, you've already quit. Just don't start again.


Very Zen. I can see that might apply to a whole load of other things. "I am no longer an alcoholic", "I don't cheat", "I'm not a murderer". Smiley

Re: the despairy bearishness that is seeping in here: I like it, as to me that's a nice contrarian indicator. Is there a good reason to think that giant capitulation candle on 6 Feb actually wasn't?
167  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 09:34:30 AM
2013 saw a bubble and fast recovery, then another bubble just a few months later. The speed of the drop and the apparent bottoming out at $6k suggests the same here - at least, it argues against 2014's slow grind.
168  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2018, 04:27:46 PM
Man, the more I think about it, if I was that Gox trustee motherfucker, I'd be god dammed careful exactly who was cooking my puffer fish if you know what I mean.

Yep. That guy was naive, lazy and irresponsible towards Gox's creditors and the wider community. Wouldn't surprise me if some Goxers started a suit against him. And others might explore other avenues of redress.
Wouldn't want to be him right now.

Are you sure about that?

https://www.reuters.com/investigates/special-report/bitcoin-gox/

Quote
According to Kobayashi’s most recent status report on the Mt. Gox bankruptcy, dated Sept. 27, as trustee he has received 163.7 million yen, or about $1.4 million, in fees since his appointment.

That's nice for him, but a lawsuit could cost him a lot of that and even more in stress. Plus for the other lot, a hit costs a few thousand USD. If I thought my life was truly threatened, I'd want a lot more than $1.4m.
169  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2018, 04:02:51 PM
Man, the more I think about it, if I was that Gox trustee motherfucker, I'd be god dammed careful exactly who was cooking my puffer fish if you know what I mean.

Yep. That guy was naive, lazy and irresponsible towards Gox's creditors and the wider community. Wouldn't surprise me if some Goxers started a suit against him. And others might explore other avenues of redress.
Wouldn't want to be him right now.
170  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2018, 01:43:53 PM
Once you have more than you can carry it is time to diversify.

I can carry one hell of a lot of BTC.

the last time I tried to carry 2K OzT I pulled something in my back.

 It's 'cause you got too greedy and went with the Troy system.  See, if you had gone with the Avoirdupois system that would have been a manageable weight for short hauls.  Hope it wasn't silver.... The value of that woudnt have covered your medical bills!


I see what you did there, taking the opportunity to casually backhand the anti-Semite on your way past. Merit worthy.
171  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2018, 09:17:13 AM
You guys play blindman's bluff until the cows come home. My eyes are wide open
BMB!  WAKE UP!  you're dreaming again.  Same nightmare as before?



It's buff, not bluff. 'Buff' meaning a push/shove. Unless you also want to suggest that the market has been a 'damp squid' recently.

BTC was badly overbought at ~$20k. Gox coins just fed into the fall that was due already, and possibly catalysed the odd local drop. A buff in the right direction, if you like.
172  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2018, 08:55:58 PM
amendments are changes to the constitution
Psst..have to cryptospeak around these parts..

The original Constitution is made up of 7 articles and it is like the genesis block. Amendments are "consensus" based blocks added over time that form the framework that is the United States. This chain can be forked under certain conditions described by Hairy somewhere previously in this thread I believe.


US constitution has been hardforked how many times?
I want US Classic. Not these amended altcoin constitutions.
173  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀🚀🚀[ANN][ICO]🚀🚀🚀 HOLDVEST: Universal gateway to the crypto markets on: March 05, 2018, 12:48:16 PM
Very definitely watching this.
174  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex | Roll-out 2017 on: March 05, 2018, 10:46:00 AM
I am using the Incent toolbar to get daily reward tokens, but how does this work? What data are they collecting about me surfing the web? And what are they doing with that data?

Hey Farl Smiley
It works like this:
https://bitscan.atlassian.net/servicedesk/customer/kb/view/200671396?applicationId=ec3cff85-9916-37bc-b806-f5984370ba6c&title=How+does+the+Toolbar+track+my+data%3F&spaceKey=CS&q=data&q_time=1520244750891&portalId=1
175  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CRW] CROWN (SHA256) | Atomic | Governance | Systemnodes | Masternodes | on: March 01, 2018, 11:34:59 AM
http://telegra.ph/Inferno-Analysis-Crown-Coin-03-01
176  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex | Roll-out 2017 on: February 28, 2018, 10:09:18 AM
I was trying to find today the whitepaper of incent. Where can I read your whitepaper ?



Should be around on Slack somewhere - I'll dig it out for you if you're there.
177  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex | Roll-out 2017 on: February 26, 2018, 11:13:26 AM
Guys, I'm new to Incent. I have some incents ... but what can I do with them Huh Did not quite understand.

There are so many things that you can do with your Incent. You can just hold and wait for its price to rise (though this is just speculative and is not guaranteed) then sell it for a profit. You can also use it in their platform that focuses loyalty products through rewards. All of the needed information are available in the OP of this thread alongside with their website, blogs and other social media stuff. Just scan through those links and you'll be able to find what you're looking for.

But... there is no way to withdraw or exchange... since September 06, 2016 Huh

Incent are traded on Bittrex, plus Waves DEX. You won't be able to withdraw your balance from the toolbar until KYC is implemented, so that we can remain compliant. That's on the way.
178  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex | Roll-out 2017 on: February 26, 2018, 11:12:28 AM
Problem solved. Toolbar is on again folks !


Great, but now I'm missing round about 1 AUD in my balance. I had over 6,60 AUD and now only 5,60 AUD. Did you restore from a earlier backup or what happened?

It's most likely that your INCNT balance is the same, but the AUD value has changed due to standard crypto volatility (BTC has been pretty choppy recently).

179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex | Roll-out 2017 on: February 23, 2018, 12:06:00 PM
Hello there, the toolbar cannot login right now. Do we know what causes the problem ?

Same problem here. They will be working on a fix, I guess Smiley

Yes, a couple of people have noted this in Slack and the devs are aware of it and working on a fix. Thanks for flagging it though!
180  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2018, 10:38:10 AM
Don't you think Bytecoin belongs in this list too? It's name was probably chosen in order to lure in newcomers who wouldn't notice the difference between Bytecoin and Bitcoin.
When I first started with cryptocoins, I remember people calling Bytecoin a scam because of a big amount of pre-mine I think? Not sure.... nevertheless I see that the price has some possitive action the last months so I don't know.
Bytecoin pre-mine was huge, 80% I believe, I heard a lot was given away and a lot assumed lost, considering it wasn't all dumped during one of the major pumps.

I heard it was close to being 100% mined out - I sold all mine during a pump about a year ago

IXC is a good one to add to the list - the first sidechain, still just about keeping its head above water despite being fully mined for about 5 years
Since you mentioned this... what would happen when a coin is fully mined? What if BTC survive for many more years until there is close to 0 coins to mine? In order to sustain a profitability either a lot of ASICs would have to shutdown or the tx fees would skyrocket in order for the miners to receive the fees as rewards (and technically they wouldn't be called miners anymore!)

Has this been confirmed to have happened to any other coin?

It's not a dealbreaker since miners adjust to profitability anyway.
There are plenty of proof-of-stake coins with fixed supply that only distribute tx fees as rewards. Although they don't have the same energy costs as miners there's no difference in principle in the cost/benefit analysis.
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