McGregor and Diaz sure knows how to hype their upcoming fight. That presser that ended up in a plastic bittle throwing incident will catch the attention of those doubters and haters of the McGregor Vs Diaz 2. Im locking in to McGregor on this one. Odds in other sports betting site is showing McGregor as the favorite
Lol those guys are pumping this real hard. I didn't see the flying plastic bottle moment: https://www.youtube.com/watch?v=68M7HJlSS9MYou can see it there for those that missed it. I was thinking about not staying up late to fight the match because it breaks my schedule and I wake up feeling like shit next day by going so late to sleep, but I may try to watch it live. |
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What worries me is that alot of people is back on Bitfinex depositing big quantities of Bitcoin there, or just in any exchange whatsoever. I understand that if you are a trader you must have BTC available in exchanges to make profit from quick market changes, but I would stop using Bitfinex and go somewhere else, even tho all centralized exchanges will eventually get MtGoxed.. there is no solution.
Well Bitfinex is the same as any other exchange. and there is always a risk. I think we should avoid depositing high amount of money in exchanges. and when your order get fulfill, remove it from the exchange immediately. They are not the same. It's not only that they just got hacked; they reopened and have now admitted that they don't know how they were compromised. They relaunched after several days: the platform was rebuilt from the same vulnerable code! Any funds there are held on an insecure platform. And worse yet, Bitfinex "credited back" over 31k BTC to customers at relaunch following the funds redistribution. Those BTC were lost in the hack. Bitfinex has not deposited that BTC into any of their known wallets, and they have not proven control over it. They very well may be running a fractional reserve. I trade under the assumption that all exchanges are corrupt and do fractional reverse, and assume all exchanges upon a long enough survival rate will tend to get "Goxed". Unfortunately like I said before, there is no way for a trader but to risk having some BTC all day in here otherwise you miss opportunities. Until we come up with a way to have decentralized exchanges with high volume, we will be stuck with the same shit. |
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The only way to get a steady income is by having a high qualified job, the problem is its getting increasingly harder to land a high qualified job specially in a permanent contract. Job quality is going increasingly to shit and more temporal as the system collapses. So I woudln't know what to tell you to be honest.
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People need to be fucked up and slapped around a couple times more until they understand the importance of being self sufficient and holding your own savings instead of putting them in third party places like banks and whatnot. People will learn the hard way how valuable Bitcoin is.
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Yes, $ 1 000 000 000 will make a difference in the price, but it is not a viable solution to spike the price for a short period and then have normal trading after that. You want someone pushing in that amount over a longer period, and sustaining that for a year or two. Merchants do not want huge fluctuations in the Bitcoin price, and this spike will surely cause some big spikes and also some major crash. Many governments can dump huge amounts of money into Bitcoin, and even Pension funds.. but I would much rather see them funding Bitcoin projects that would stimulate longer growth and employment opportunities. .  Pretty sure that after the super peak there would be a new all time high floor established. There's no way that it would go below the price that it started at, bitcoin now is too established and people would FOMO past a certain point, buying the dip. |
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What worries me is that alot of people is back on Bitfinex depositing big quantities of Bitcoin there, or just in any exchange whatsoever. I understand that if you are a trader you must have BTC available in exchanges to make profit from quick market changes, but I would stop using Bitfinex and go somewhere else, even tho all centralized exchanges will eventually get MtGoxed.. there is no solution.
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I think McGregor himself thinks he has more on the line in this fight than any title fight at FW. This is a money fight for him and his reputation is on the line. His reputation = his ability to sell fights. And for the long term that is way more important for him than any belt. Conor is also a business man if you noticed, and also an entertainer. Although the belt is good for his publicity gimmicks he can be more than a champion just by being himself. Like this second fight vs Diaz, it's not a title fight but just because McGregor is in it, we all want to watch it. So it's really important that he wins and keeps his reputation and notoriety intact.
This fight is a make or break for Connor. If he loses here, his rating and ability to sell fights go down. He does NOT want that happening.
I can see Diaz taking a dive in this fight so that it will be a trilogy. That means more money for him.
Thati s why I think McGregor is not going to take big risks. Of course he will try to go for the KO but if he doesnt see a clear opportunity he will try to push the match towards UD and hope for the best. Getting KO two times by the same guy would ruin his career. |
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The gambling addiction can sometimes be cure with a shock therapy. Sometimes a good loss is the best lesson than a human can learn. Lose big and you will understand the risk, the n you will think twice again before putting your money in big gambles.
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ETC: Floor is 25-35 and whales are accumulating at around this range. ETH can end up being a disaster in the future and ETC will be a good hedge. Will pump.
MAID: Whales will keep accumulating at the 12-17 area, eventually there will be big pump die hype of news and so on.
WAVES: A gamble since we don't know if we will see this in Poloniex... but if it does I expect a pump.
FCT: Decent tech and looks like its stabilizing.
Drop your picks, those are my 50sats.
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@charleshoskinson, will that mean ETC will fork first before ETH does to get rid of the difficulty bomb? That would also be a good opportunity to fix the "replay attack" issue between the two chains. Your thoughts?
I am a miner. So it is good for the ETC or ETH to remove the difficulty time bomb. Any one does it first will get miners support. The miners will just mine the most profitable coin. So if the price of ETH is high and even though ETC changes first, miners will mine ETH. If the ETC keeps on being an PoW coin, I think the price can be higher as it has the support of the miners' community. I hope that ETC stays PoW. ETC needs to differentiate enough from ETH to deliver a product that is different enough to justify its existence. Sure immutability is a key principle, but PoW would add the project another reason to exist and can be a safe haven in case ETH fucks up real bad when they go PoS which is a serious possibility. In that case anyone holding ETC will go to the moon. |
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I would stay cautious about this, because Kim Dotcom claims to have solved the scalability issue which is unrealistic and sounds scammy to me. But we will see. He has hyped this a ton and after hyping something so hard, he has to deliver to not damage his reputation, that is what makes me think it can be good.
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We can't do nothing but wait. Unless you are rich or unless you are a coding genius that can deliver some ground breaking stuff into the project, chances are you cannot modify the price of Bitcoin. It will naturally go up eventually so keep buying while its under 4 figures.
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I have been tempted to use tUSD before to hedge against possible BTC price dips so I can buy back and own more BTC, the problem is keeping the tUSD in the exchange wihle you hold positions... this is why we need proper decentralized exchanges, so we can hold positions without risk of getting Goxxfinexed.
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i saw the match with Rafa Nadal and it was unfortunate that he lost, he then lost again and didn't manage to get the 3rd position medal. Well at least he won the doubles Gold, I made some money thanks to that in a bet, but lost in the bets where I bet win for him in individual.
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I think McGregor is obviously on steroids.
This is what potentially makes things even more lopsided as far as fairness goes. If you're on St Pierre, Jones or McGregor money you can afford the latest fancy cheating methods, and have the money for disguising what you're doing also. If you're on $8k to show and $8k to win you can only afford the steroids on sale down the local gym. Well Jones got caugh several times now and he has been kicked out of the UFC for at least 2 years, pretty much ruined his career. Brock Lesnar also got caught.. so they dont fuck around. |
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Now we know for sure : when the hacker will try to dump on exchange the founds will be frozen.
so no dump on 2nd of September, this is clear.
The hacker will be smart. He might mix the ETC before he sends the ETC to exchanges. He might do it out of exchanges. Hacker will pump ETC hard before selling, its way too cheap now. Also he hates Vitalik so he will try to make ETC go high enough to start creating doubt in ETH just for shits and giggles. There's no way he will dump at this cheap price. |
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Actually if bitcoin makes you rich then buying more bitcoins will be really expensive.
Right now I can buy 21BTC, even 42. If bitcoin was suddenly 5000$, I'd be happy as I would have generated several dozen thousands of $, but on the other hand I could only afford to buy 4 or 5 bitcoins.
This is why its a race against the clock. WE must reach the 21 BTC mark before its too late, otherwise the point of entry for that amount will be only available for the people that are already wealthy. |
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Bitcoin has been steadily losing market cap dominance, from 90%+ just two years ago to ~80% today.
When it comes to exchange dominance it's just 66.4%.
This trend will probably continue and in a few years there will be people using cryptocurrencies that do not know what bitcoin is.
You fail to understand laws of economics. It doesn't matter how many shitcoins they create, Bitcoin will remain number 1. The overall crypto market will keep growing but Bitcoin will always take the lead. The money in other shitcoins are there temporarily in hopes of getting more BTC out of them. |
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Bitcoin is like a gold type of asset, so it's pretty stupid to buy random shit that you can buy with fiat with it. What's the point?
We'll never see massive mainstream usage unless you get discounts or some incentive to do so. We'll see other poorer countries use them before us most likely.
Once physical cash is removed we will see a huge increase in use but that is at least 10 years from now.
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21 should be enough to retire a millionaire, but forget about the private island lifestyle and all that shit. That is for the super lucky ones that got super early in the game. It's simply impossible to make that much money without massive ass luck.
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