Who wouldn't be okay with it? Also 800 next week? I guess 700 max 750 if we will see some kind of rally. Jorge, fonzie, and where is that big Russian bear igorr these days...?
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I'm getting a "New Beta" notification in my NXT client. If I update, will that give me access to MGW to test? Mostly I'd like to see the look and feel of it to put together a film script.
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Interested but any details?
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This. I'm actually planning on buying a few bitcoins just so I can short them and buy them back cheaper. Repeat, get rich.
You will be.... TAIL RISK MAN! Ah, but there's nothing standard about my deviations.
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I have contacted the Dev to find out more information on NXT, This highly UP trended value. I will be rating this cyrpto soon http://cryptoanalytics.trade/I don't know who cryptoanalytics are, looks like a new start up, but they seem to like us I took it upon myself to correspond with him and answer questions. I suppose he liked the answers. Spot the - Ooopps...... http://cryptoanalytics.trade/analyst-ratings/Two I can see. NXT is rated Hold, not Buy. And LTC is rated Hold, not "Sell, now, you fool, can't you see it's a dead man walking?".
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I am compiling a list of resources for a person that is totally not up to date and does not get Bitcoin/Crypto currency
The person has a finance background, and a legal background- the person is not technically minded
I have list of resources , videos, text, articles and good places to get key data.
has anyone any works they suggest may be suitable for this gentleman to read ? (I get the feeling he is more of a reader than a video watcher, plus I have some good videos already- though if you have any amazing links please do share)
I am almost ready to send what I have, but just thought I would ask here if anyone has any good primers to add to my list or rather than me writing it all out again.
The gentleman is a man with very deep pockets and a group of investors, I have meetings planned with the person in question to discuss starting a Crypto/Bitcoin relegated company here in the UK -
I am looking for good text primers for a person new to crypto but that has a good finance background, not too basic, not too full on have you any suggestions that I can add to my ever growing list ? I do not want to send him everything, I am looking to cherry pick.
Already had one meeting with the chap in question, and before the next one I would like him to do some reading, so he knows more about where his money is going to be going, before the next rounds of meetings- as the guy is pretty much a crypto newbie.
Thank you in advance.
http://vimeo.com/nxtorgLots about crypto more generally there too, just in the NXT context.
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Alright, the Tim Draper/Vaurum news looks legit enough: http://www.chicagotribune.com/business/breaking/sns-rt-us-usa-bitcoin-20140701,0,4038036.storyStill, he didn't mention the price, despite informing Reuters that he won the auction. My conclusion: Either he's trying to build suspense, waiting some more before releasing the price he paid. If no such thing happens, I'll suspect that the price per coin was perhaps somewhat above market that day (~600), but below current market, and he'd rather not disclose the exact number to not cause a crash. Not necessarily bearish, btw. A ~600 floor would be pretty great long term. OTOH, if it turns out we're ~$50 above auction price right now, we might see a small-ish correction near term. i donīt really think that more than 40 wealthy entities all just made bids below market price or just slightly above it, letting a 600ish bet win every chunk. for a single bidder to win 'em all, he must have picked a higher price. if you are right than draper is one hell of a poker player. my guess is way above 700. Exactly: he outbid EVERY SINGLE OTHER bidder, at least some of whom must have put in market or market + a bit bids. Poker indeed, and nicely done. Of course, we won't know how nicely until we find out how much he paid.
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If true: 30000 FRESH bitcoins (previously blocked) are going to be offered to institutions through a new exchange. The bull in me is running to the hills. After selling. are you saying price will go down because those coins will be for sale via new exchanges in developing economies ? and for sure they sell em for less than what they payed. and donīt forget ZHE MILLIONS of fresh bitcoins that will be available because of mining in the next few years ??!1!! and what about the millions of coins that are already sold. shit, they may get sold again ! and those buyers of all those coins may sell them AGAIN. i wonder why btc price ever went above 1 cent with all this selling This. I'm actually planning on buying a few bitcoins just so I can short them and buy them back cheaper. Repeat, get rich.
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"Vaurum's software helps financial institutions host their own bitcoin exchanges."
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today is the day of nxt?
Well it's certainly not the day of ltc or drk. It is nxtbots birthday. Celebrated with an epic battle between Lite and DRK to see which will have the worst plunge.
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today is the day of nxt?
Well it's certainly not the day of ltc or drk.
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he must have paid a premium to get all of them! is that not a seriously bullish sign or is their going to be fear of him dumping them?
I don't think he'll dump. He'd have bought at well above market to ensure he got them.
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This drop will create the new floor on high volume. One buyer is very bullish. It means the sale price was likely higher than most anticipated.
And a LOT of interested parties with no bitcoins.
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Did we not have a good estimate at $665?
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Sweepstake you mean? How about everyone pick a 1 hour slot and put 50 Nxt up per guess We have a 'guess period' of 14 days to place your guess, Anon can escrow and you can have as many guesses as you like (for 50NXT each, obviously). Winner takes all or we can have 3 prizes for the winner and two other closest guesses. Nxt has to have passed Litecoin within a year. If it hasn't( ), then all the Nxts are split between the Nxt Funds. Sound good? Ok, but the deal is it has to be 500 NXT and everyone has to agree to buy new ones off an exchange, not bet with what they already own... are you going to run it and do all the check? Hmmm. Better make it 5000 and you have to sell ltc to buy nxt, in that case.
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Sweepstake you mean? How about everyone pick a 1 hour slot and put 50 Nxt up per guess We have a 'guess period' of 14 days to place your guess, Anon can escrow and you can have as many guesses as you like (for 50NXT each, obviously). Winner takes all or we can have 3 prizes for the winner and two other closest guesses. Nxt has to have passed Litecoin within a year. If it hasn't( ), then all the Nxts are split between the Nxt Funds. Sound good? Ok, but the deal is it has to be 500 NXT and everyone has to agree to buy new ones off an exchange, not bet with what they already own...
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Another "btw". Btw, not that I'm a huge altcoin lover or anything, but to anyone who thinks Litecoin is sold off, completely dead, and will never rise exponentially from here. Well Litecoin just jumped 5% too. For such a dead coin, so strange right? Right? So yeah, it's still relatively pegged to BTC, although the LTC market is always lagging the BTC market. So don't be shocked if it also goes to the moon during/just after the next BTC bubble. Erhm, thanks for the info, I guess? http://coinmarketcap.com/ says Litecoin is having a bad day, as I would expect it to continue doing for some time. I don't understand the 5% pump statement. EDIT: or did it dump quickly too?
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Regardless of the specific arguments (which are more full of holes than a piece of Swiss cheese in a gunfight at the O.K. Corral) the small- and mid-cap investors you mention might take you more seriously if you ran a spell check over it. Just sayin'.
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.... This makes sense but I'm not familiar enough with the protocol to know whether including certain features would make building particular applications easier or more effective. It seems inelegant, for example, to build an application to enable instant transactions and real-time trading on top of the bitcoin protocol, due to the 10-minute block time. I'm still on the fence on this one, though in practice I suspect people will use the option that works out-of-the-box. There's the friction that occurs within the protocol/system itself and the friction that occurs between user and protocol.
Your sig quote is one of my favourites, but sadly it's not one of mine. I've no idea where it comes from - couldn't find an original source.
The sig was part of a discussion a you had with aminorex (iirc) a few weeks ago, I C&P'd it straight from the post but I'll change it shortly if its a problem. I quoted it as soon as I read it but there was some much better stuff in that post, very informative and much appreciated. We're only scratching the surface of what can be achieved with the protocol so far and I wouldn't be surprised if the trustless verification leaves the use as a currency far behind sometime. The ten minute blocks seems like a problem but essentially it means you only have to trust any system that transfers ownership for ten minutes, be that stock exchanges, car dealerships, estate agents or anything else that requires a trusted third party to verify transfer. EDIT: Got it: https://bitcointalk.org/index.php?topic=178336.msg7132970#msg7132970EDIT2: Doh, I get it now. Thanks for quoting an excellent piece from an unfortunately unknown source No worries on the sig. You know you've arrived on these boards when someone quotes you in their sig Just didn't want to look like I was trying to take credit for someone else's words. When I do that I always make sure I won't get found out.
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