I love empty 2 GB blocks. What people fail to realize is a paid subscription service that copies data hourly from an existing website ( http://OpenWeatherMap.org ) and pastes it into BSV blocks accounts for 98.4% of BSV transactions over the past 30 days Beautiful. That's worth the hundreds in disk space that I have to pay for to maintain my blockchain history. I love keeping track of the weather. Well how else are you going to have immutable weather?
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with the 'heady" adrenaline rush of 'fear' 'panic' and damn...now wtf do I do? Sell/Hodl/Panic? sh*t at least my life is 'exciting' with crypto in the recesses and windmills of my mind. The best thing to do, when you don’t know what to do, is nothing. As a hodler you have already put yourself in the best possible position. Only take yourself out of that position if you know exactly what you are doing.
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Bitfinex to introduce 100x leverage...
The Rogue Wave and coming nosebleed ATH and collapse of Core BitcOn (perhaps to ~$775 at the halving). So we all need to move our coins to legacy addresses? The downside to keeping hodl stash/cold storage coins in legacy addresses is that you'll probably have higher transaction fees when you finally move them. The upside is that you'd avoid any potential segwit based attacks on bitcoin, like if miners decide to take all the segwit coins. So, I guess you have to balance the estimated future fees for non-segwit transactions with the estimated potential for miner theft. “Miner theft” would require a fork. A fork on which miner theft occurs would be of zero value, because there are plenty of ways that miners can steal funds, and no one is going to follow a fork of known thieves. I hold 100% of my cold storage on Segwit addresses.
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2017 version of my better half: "Why you did not sell [some number] at 10K, you promised, you promised." 2019 version of the dialogue: "Should I, hon?" "Oh, no, keep it, don't you dare." Got myself a "keeper" Haha my better half: “Don’t talk to me about the price, what’s the point, you aren’t going to sell any of it anyway”. She’s right.
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Source Twitter : @cryptowelson Where have I seen that before ?? Oh wait that’s my chart !
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Bitfinex to introduce 100x leverage...
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Don’t ever underestimate the power of greed. Those who bought and are holding at ranges 13-20k had the mindset of selling to recoup or even break even once price reaches those price points again. i have a feeling many of these peoples mindset will revert back to their pre purchase mentality. Hop on board and hodl as the eco system has changed and more belief in btc has come into fruition.
Those who bought in the ranges of 13k and above must have sold their bitcoins in loss. There might be very few people who have such a holding power and a mental strength to hold the coins for over a year and still not panic seeing bitcoin moving down to 3000$. I have a workmate so stupid he bought at 13k, has been holding all this time and tell everybody he will sell as soon as price is back to what he payed. Everyday he curses me aloud for suggesting him to buy BTC back in 2017, and gets triggered when I ask him why selling for the same price after an year if the odds now are that he can make at least some profit. He became a BTC hater. I have a pal so stupid I introduced him to Bitcoin. He then went “DYOR” and sold all his Bitcoin for Ripple and blew up. Now he is scared of crypto.
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You think having a botnet of real Bots is a bad idea?
Quite. But also very hard to see how the economic and business models will ever stack up.
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Libra is going to be fighting a regulatory hornets nest. And executives don’t like going to jail. I don’t really see how they are going to get off the ground with a useable product. They have one thing other cryptos don't have - (virtually) unlimited funding It doesn’t matter. You can’t just tell the US government you are going to break every law in the book and expect them to roll over. Not unless you control the government. And I know the conspiratards like to claim differently, but the US government in the broad sense (State and Federal) is sufficiently decentralized that it is not really capable of being controlled by any specific individual or group of individuals in its current form
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Trying not to be a negative Nancy, but this sounds like the dumbest idea I have read all week.
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CME will open in an hour... will be interesting to see what happens; must suck to sit on a short and not being able to get out over the weekend Does somebody know how the price limit works? I mean halting BTC futures trading will not get BTC price changing. Will the be forced settlements? here i like that: must suck to sit on a short and not being able to get out over the weekend not sure what you mean with how "the limit works" when futures trading opens there will be i think gap up, instant gap up so if shorters had close limit on 10500 and gap up instantly put price to 11000, they will close with 11000 and not with 10500...at least i think so Good question. Can they sell if the limit is hit? This would mean that the longs are forcefully pushed out of the contract? Could be setting up for some major carnage at the CME that's for sure. ... bulls have got it back to the AYH right before the open too so it might spark a massive surge up on the short squeeze at the open. When CME went live with the contract in Dec. 2017 I recall an ex-CME head or regulator warning that CME had never dealt with a truly hard asset like bitcoin and it was a real risk for it to cause major failures ... which is a joke because he was admitting that gold was not a hard asset in the way it has been papered out of existence. Edit: meant to add that there will be a battle to get it back closer to friday's close before the open to stem the bleeding. Genuine question: can you have a short squeeze in a cash-settled market? Given that the shorter's buys aren't actually fed back in to the (edit: physical) market? Yes because shorts will look to hedge on physical markets. The markets are linked - they don’t operate in isolation from each other.
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Libra is going to be fighting a regulatory hornets nest. And executives don’t like going to jail. I don’t really see how they are going to get off the ground with a useable product.
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Possible bull flag break out. Look out above.
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@HM - What the fuck is going on?
That’s just BTC asserting dominance
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There exists a possibility that the sheer momentum of the crypto market carries Bitcoin price from $10,000 to $15,000 in the near term. However, having already recorded a 189 percent year-to-date gain against the U.S. dollar, a strong catalyst is needed for the asset to sustain its momentum. With all due respect man, you watch too much cable news. Bitcoin is its own momentum.
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Observing 11111 and hopelessly behind
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Observing $11,040. I can’t keep up with the tip of the thread right now. Pages behind.
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WO love HM long time !!!!!!!!!!!!!!!
FTFY no homo
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Welcome back $10,000. We missed you.
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The Goose is Goosed Yeah, and my GF being in Las Vegas... I better go home early before I order that new wine.... Behave yourself & don’t do anything dumb But if you do do anything dumb, please post it here with pictures
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