Uggg, did you try to claim Bitcoin GOD coin? Saw there was a phishing site for private keys.
I won't touch any of these fork coins unless Trezor has a split tool for them.
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Here's my opinion.
Just while looking at the market cap, I like to see if money is taken out or just shuffled to other cryto's. Looks like there is about 50b sitting on the sideline waiting to be thrown back in. They really want more market share for themselves and to catch those weak hands. Also, looks like 10billion has been funneled off to Ripple.. so what this means, it's probably reserve banks throwing their weight around. No one likes Ripple that much. haha
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Had my Trezors since early 2015 and they have been sitting on my desk behind my monitor for the past 2 years collecting dust. Needless to say, I got out of the crypto scene and just focused on work until this year. Never even took them out of the little boxes until I saw in Dec 17 that the price of btc hit 19k !
After cleaning the dust off the boxes, you know I was kind of nervous because I haven't even plugged them in almost 2 years. Wondered if the little display would work and so forth. I have my seeds so was no big deal. Well, plugged the first one in and voila worked like a champ but needed updates badly... was on like ver 1.2 or earlier. Unplugged and held both buttons down and plugged back in. Updated flawlessly. Same with the 2nd one.
There was all my BTC and what the heck there's BCH/BitcoinGold ready to be split in their nice little tool. Split both coins and sent them to exchanges to be exchanged. LOL OMG that was over 2 years salary just from the split coins. Since then, they still work just like the day I loaded them up but with more coin options.
Dee
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Doesn't matter and you should not worry about it. Since I bought my first bitcoin in 2013 it has officially died >20 times. Even had articles detailing all the deaths. LOL Just keep holding and gathering more as you go. This is where the strong accumulate and the weak get relieved of their holdings.
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Torque.. you are sooo right. Worked my ass off for 20years putting 6% into my 401k like a good little minion. It's crap you can't touch without huge losses. Straight up 10% penalty unless I'm over 65 and on my death bed. Screw that junk. I actually cashed out and took the hit. Payed off every bill I had and put some in crypto back in 2015. Should have put more but being debt free was more important at the time.
I haven't regretted one bit cashing out of the system. Would have to work another 20| years to even think about having the same amount I have today from investing lightly in crypto's from 2014 to 2015. LOL
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It's backed by a Network Effect shared value. I like the phone analogy.
If you were the only person with a cell phone, would it have value? No of course not.
Now give another person a cell phone and boom you now much greater value N Squared. The more people that have them, it has much greater value until like today.. it's a necessity.
Look up Metcalfe's Law. It devised a metric to be used to describe different network values.
Edit..Wanted to add, you can personally see this effect and calculate it yourself by just looking at the # of new address creations. It's a round about way but you can judge the velocity of value growth.
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Looks like Chinese are buying ripple like crazy for some weird reason. Not sure what's up but you can see BTC's market cap going down and Ripples going up.
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I didn’t say I wasn’t getting back in today. Am tempted to do so right now but will wait a bit longer.
And let’s be clear, over 95% of my portfolio is hodl. This is just fun. It is a challenge to myself to see if I can beat buy and hold ROI over an extended period. And I have no confidence in my ability to actually pull it off.
Oh, I was just agreeing with you. Just like you, I day trade with less than 1% of my crypto. Anything significant is permanently embedded on Trezors.
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I have a weird feeling that all the sellers are about to get wrecked. This has just been way to predictable (slow falling) to catch suckers selling that want to buy in lower. Dunno, just has that gotcha vibe to me cause even I'm thinking of cashing my daytard stash.
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I think there are people who buy bitcoin as a way to invest in the long term, but I think that only those who start now can be a bit more difficult to buy at the current price
You know I heard the exact same thing when BTC was at $200. Man it's just way to expensive to invest now... Really it's always to expensive to invest in anything if you look at it that way. All I did was take 200 a month and invest that in BTC or other Cryto's.. If you buy it , hold it. I'm kicking myself for dumping 2000 DASH back then. Bought it and didn't really know what to do with it. So just traded it in on a couple bitcoins and other coins. Today that would be about 100 btc. See, little investment.. huge return for holding. Crappy return for trading.
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Stop derailing the fucking thread with memes. Isn't there a wall to observe somewhere
Funny not seeing any 10,000 btc walls anymore. Heck in another 5 years, 1 btc will be a wall. LOL
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Anyone else having trouble loading accounts on Trezor? v1.6 Stuck on the loading accounts screen
Nope, mine loaded in less than 2 seconds.
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Just browsing old 6hr charts. From Aug 2, 2016 to Sept 26, 2016 looks very close to what we have now. Just going by how many billions can be taken and put back in the market within the day is astonishing to me though. As far as Bcash, thanks for all the Christmas money
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Thing is with people that has been around a long time with >100 bitcoins don't do a "SELL EVERYTHING" at once price. Say it goes to 25k, then they sell 2%, then 50K another 2%, then 75k another 2% and so forth. It would be 50 million each and they would still have bitcoins left.
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Yay, scribble charts. Those are fun. What I've learned over the years.. when everyone expects something it usually won't happen. The big fish know that all the little fish are waiting to feed on leftovers and believe me they are greedy. They don't want to share at all and usually just eat the little fish in the process.
All the little fish are selling like mad waiting to buy in at a lower price, best to just jump out of the pool and wait while the big fish get fat and happy on the dumb little fish that stayed. Of course I was playing with a few btc and now stuck in cash. I know it won't go my way. LOL
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It's been a big shock to look at my accounts now days and just the dust .1btc on my phone went from 40 dollars to 1500.
I know the feeling. This is my first bull market experience of watching what I once regarded as dust becoming worth hundreds of dollars. Bought 2 Trezor's back when they first came out since I was using Armory at the time. Was a pita to get BitcoinD to load then took forever for Armory to sync the database. Put my daughters college fund on one and our personal savings on another. Holy crap.. that girl could go anywhere she would want now; can't imagine in another 8 years when she can use it.
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Ton of people sitting on piles of cash last year waiting for the drop I suppose. but it never came. Bitcoin is funny like that. Strange now, I took a 2 year break and just now starting to catch up and look at all my old accounts. Always kept .1 btc on my phone just to see what prices were like every now and then. It's been a big shock to look at my accounts now days and just the dust .1btc on my phone went from 40 dollars to 1500. Crazy.. I'm a perma holder though.. using that old Reptilia strategy of selling 2% at every 10% rise if you need to. I never needed to since I was working so much and didn't have time to really bother. But he did give some great advice.
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Knew I shouldn't have been stuck in cash. LOL Oh well, we all win when bitcoin rises in value.
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