I thought I remembered them from something, Theymos removed their ad last time so I imagine he'd do the same again.

It mightve been a good thing you brought this up though OP! Just in case Theymos forgot - might've stopped a few people getting scammed.

I don't think institutions are stupid enough to srl for short term profits. They might pull out their initial capital at some point when they've got 4x on it but until then, they're probably riding the crypto hype - and there'll be a lot of people buying that sort of news if it's put in a way thst a company invested $4M, pulled out their initial capital and still have $12M at play (because retail will want to do the same).

$50 000 is a good psychological level for a take profit but I don't think it's going to hold up too much resistance.

A lot of the time, pullbacks are healthy for price growth as exponential moves always induce a pullback but if you get them as you go up - investors look at them as being a lot healthier and with new support and resistance zones.

I think to this extent, if you're bullish on bitcoin, the more we stop at a high zone the more likely it is to act as support/resistance and once we break above it decisively and set out next support zone, it's just become harder to reach the original one.

A decentralised system might be a more indiscriminate one.

If we assume the past of what happened, people owned land/property and it was let to them or sold via a mortgage. A lender might know you, ask someone who does to provide a reference or rely on you having a good character (eg having a job and being fairly smartly/cleanly dressed) before lending to you. This is still what happens in a lot of jobs these days where someone on a team assesses applicants to see how well they get on with them.

Currently a lot of systems just use computers to work out whether they can lend to someone and it causes a lot of imbalance - I think this happened to an extent that countries have started passing laws against algorithms making the final decisions on you though. I don't think going back to how things were is necessarily a good idea but it may emerge as a competitor of the current system. I highly doubt you can expect a fully digital contract to be allowed for the value of something like a house, but a witnessed physical contract (referenced and stored online) might still be effective.

It's probably a good idea for reducing the volatility got those wanting to invest as the most it could drop in a day with the 50ema is 2%.

I don't think this sort of asset could be physically represented by something relevant so there probably isn't a use case as there is in goods extraction/production scenario.



Yeah it can't go to zero but yeah you can't get people to buy it if btc is lower either as it won't recover as well as bitcoin - but it might act as a hedge in some cases (especially against volatility)?



I think this may work but it'd need something tight to control what the ema and price are being sold to the user as in the contract.




Yeah it is good for lower volatility and if its enforceable by the exchange then I see no reason there'd be a problem/breakdown (unless the pair was traded more on the exchange than bitcoin because of its lower volatility - idk if that'd happen or not.

Yeah these are the main reasons for doing something like this.

Getting a job might be better than getting the money if you're bad with money too as it should be more consistent.

I wouldn't know the best way to return funds to a company though so if that was preplanned by the attacker then I guess they could probably be assumed to be honest. There might be the obvious additional threat that they're wanting to be trusted by the company to carry out a larger attack though - which will probably be/has been something the company can assess if the attacker was aiming for the job route.

Smugly, I don't think these people actually exist...

In comparison, I really want to open a short on automation etfs at the moment but I'm holding off because I expect them to drop and then grow more and don't expect them to stop growing (overall) so I'll wait for a sell off to come or not.

You find someone who expects innovation to crash and you've found someone throwing coins into a fountain hoping a genie pops out.

I'm much more confident longing something that has made good consecutive gains than I am shorting something that has and I feel most with the ability to make something like this would feel the same.

The ema is also much more of a "takes time to move system" if bitcoin crashed to zero and you opened a 50d ema the day before, you're selling your 50d ema contract for ~49% of what you bought it for - all of the risk if put on the exchange unless you make it so you can't end your contract early (and set your expiration date when you buy it).

Yeah, this is quite the lesson in starting to trade with tiny amounts of funds.

It's another lesson in beginners luck, it was a meme a while ago that a lot of traders have the intelligence-confidence cycle peak where the confidence peaks before intelligence does and this is quite a common occurance for the pattern with traders.

Sadly, a lot of these sites won't care about the losses a user makes either and will just want to take more money from them as it's their entire business model (and yes I do think the onus should be put on exchanges to tell new traders to futures that they're essentially gambling until they know what they're doing).

Maybe they just mined a few blocks back in 2011.
I'd assumed they'd just take money out every so often though to pay for forum expenses and their own. I'd imagine the aws operation for running this is quite expensive so I doubt them taking a normal site head operators salary would be unreasonable - compared with how much funds the forum has too.

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I thought the forum was owned by some sort of charity that is owned by a few people/the community so that it can stay alive if something happens to one of the admins - although I guess we have archive sites for historical reference anyway.

Just use the dollar value that btc started off with, if you don't know then I'd just use the low of the day and the high when you sold to get an overestimate if you don't know it accurately and you want to be sure you've reported enough.

I did think there was a historic fiat value you can get though which you might want to look at finding by just clicking around - on binance they might offer a way to find your capital gains like a lot of other places do.

Have you tried using the forum's search feature here: https://bitcointalk.org/index.php?action=search ?

I'd say if you can't find an answer here or on stackoveflow/stackexchange you could just ask it here anyway. A lot of questions newbies ask (I think) will be quite abstract so search engines might not be able to work out what you're after (if you get what I mean, you might Kot be able to find an answer to something because one doesn't exist - people ask questions related to ethereum about bitcoin for example and the two coins are quite structurally different).

Bitcoin is one of the best cryptocurrencies out there, if you've converted your funds to that then you'll have fairly guaranteed success imo for longer than a lot of the major altcoins currently on offer.

The chances cardarno doubled after doing nothing would've been quite low too. If you have made a profit or even just a tiny loss before converting to btc, you've done quite well (especially if it was 2 months ago when bitcoin started dumping - as most alts had followed and plateaud compared with it).

The trick with long(ish) term trading is working out the best times to buy and sell but also the safest time. If you're selling very near the peak of a price move - you're risking too much and would be lucky it filled (volatility dependent).

I saw an article on this a few days back from a legitimate source and I'm wondering why no one else seems to have made a topic here on it.

It seems the UK financial conduct authority was trying to find a way to come to an agreement with binance to keep operating in the UK but put blame on binance for not being able to answer the questions it wanted them to.

I'm not entirely sure, personally, if this has any impact on bitcoin at all as I think there is a lot of competition to binance the FCA won't be able to find or that will comply with the FCA (such as coinbase and decentralised exchanges and the smaller leverage platforms).

This bit of news feels like it's only bullish once it actually gets approved. There have been a lot of etfs and other things we've waited for in the past and the initial bullishness of their approval is normally the only thing that matters.

If it does get approved it'll be a good on-ramp for a lot of funds though that want to invest in crypto or dabble with the idea of risking a few % on bitcoin (which they probably won't notice is gone anyway - since that institution is quite well known).

I'm a bit surprised they're saying how much they're aggressively acquiring more equipment now, afaik the point where you make an unexpected amount of money is the one you pull out for a while and see what's happening - unless the China mining ban is here to stay.

That being said, I think we can expect bitcoin's blockchain to become a lot more secure (get additional hashing power behind it) as a result of the hype from this.

I can imagine the overall/international stock market doing quite well for the next three years (definitely after this one and the start of the next year) so I think bitcoin might follow a similar trajectory.


Why and who knows?

I assume a lot of them are like some of us in crypto who are wondering why other people haven't gotten involved in the space and why the price keeps increasing - no one's not hear of bitcoin by this point afaik and what has stopped them investing in it other than a lack of knowledge (that they might not still have when they do come to invest).

All but the last (unless that includes pay to play to earn) carry a substantial amount of risk with them.

Sure you might get lucky with an nft, but what if you don't? Your collectible nft may rely solely on the ethereum chain remaining stable for you to be able to use/possess it.

I've seen defi tokens to a bunch of different things. Sure sushi and uni were quite saught after and might not be much risk but some icos in that space have crashed kinda quickly.

Investing in innovation might come with more risk than people are willing to grit their teeth and bear for the payoff (which could, realistically be small if you've made a mistake or the team you've invested in have).

Is this just an annoyance thing? Afaik they can't cost you more than the fees you pay to attempt to swap it unless they have access to your machine or something.

Also, per the question, it depends on the type of wallet you're using but for metamask you can just highlight the token and remove it that way.

I'd normally advise against investing in ICOs first off because they're more risk than they're worth. A company has a few days to overhype itself and then can just disappear or perform averagely after that.

However, paying tax on an ico isn't something that's really ever done. With the exception of the UK's 0.5% stamp duty, I haven't heard of any other company charging a similar rate and most leave tax filing up to the individual.

Yeah it's going to be impossible to make a currency completely asset backed and a global reserve, you can have one or those you can't have both.

Firstly, only north America, Australasia, Europe, half of Asia, and parts of Africa have full asset ownership laws and even then governments can request to buy back property or seize it. So your new currency isn't globally backed anymore.

Secondly, is there going to be successful crash mitigation? If the whole stock market drops 20%, is everything a few % higher to make up for it?

If you pick an asset like gold, what happens if a new mine with a large amount of it in is found, does it also crash? There's no reasonable way you can inflate something that exists too that governments or people will accept imo.