Keep calm, bottom not reached yet.
You have until the fork at least. No one knows what mayhem is going down on that faithful day; I'd put in a really low bid (crash bid low) or play it by ear if you really want to invest in this. Good luck, and be careful.
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I have been confused as to why the price fluctuated upward recently. I didn't think anyone would have the balls to speculate on this pre fork, was there some news? Even if an update dropped, I don't understand how it would affect the price, again because of the giant evil fork looming in the distance. Exchange specific pump?
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A highly-skilled, planned, co-ordinated scam from everyone's pals in the Ethereum team. The whole scenario is so blatantly obvious, and everyone eats it all up while continuing to throw money at Vitalik and his gang of eastern-european fraudsters Exactly! While we can never know for sure, I find it odd that such a serious exploit was found but never fixed, and subsequently abused. It's a red herring. See, we knew about this problem but we didn't think it was serious... Is a no brainier that if they were aware of this vulnerability, there was too much risk to move forward until it was fixed.
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I'm not even a fan of litecoin, what I mean to say is I am ambivalent. Why is it that you feel like this asset will devalue so much? It's actually under AC I've, albiet slow, development and has a decent user base.
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To the best of my understanding, tether has reserved x of each fiat they have a tether for. There is only enough tether in circulation to cover the reserve. Therefore, you can always redeem tether on their platform if you send it to their on platform wallet. Problem is, a USDt is usually a little more expensive in bitcoin than an actual USD. Also, transactions are kind of slow, the last time I used it. Master coin transaction, I think.
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My prediction: The price will go down because everyone is holding up their bitcoins! It will continue to drop because people expect that it will rise after the halving so they'll wait.
My verdict: Sell your bitcoins now while the price is decently high then buy after the halving.
"Maybe I'm right. Maybe I'm wrong. It's just my opinion."
I'm of a similar mind, but I think the halving event was priced in a little earlier than anticipated. There was an initial run up to 700-800, bit it's been relatively stable in the 600-700 dollar price range.
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An observation with trading this asset:
Although the price is supposed to.be fixed to a USD, and its consequent value in bitcoin, it's usually traded on order books that don't provide liquidity at the assumed price. Expect to take a 5% haircut until this gets alot more popular. If you use this asset, be wary of purchasing large amounts; it will take you a few days to ease out if you don't like putting up sells.
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Salutations! My name is Leonard Jackson, and I was the senior customer support at CEX.IO for a time. I am currently looking for additional work outside of my freelance endeavors, and figured I would give the board a try given my particular skill set. I have multiple years of experience in customer service and sales, as well as remote team management experience and some limited technical support experience in the bitcoin sphere. While at my last employ, I was tasked with managing a small team of support agents in order to resolve user issues on a popular bitcoin trading platform. I have seen irate customers; you have truly not experienced the full ire of a customer/ user unless there is money on the line. I was specifically tasked with irate user satisfaction, as these tickets typically ended up being elevated to me. I absolutely love my customers, and resolution of user issues WITH maximum user satisfaction is my main goal. I am highly familiar with the Zendesk platform, as far as ticketing systems go. While operating as a team manager at my previous employ, we managed to maintain top ten percent metrics on Zendesk for our industry (financial services). I am also familiar with the entire family of Microsoft Office products, as well as their cloud hosted Google counterparts. Resources were a bit strained at my previous employ. We provided 24 hour support to over 70,000 users that spoke a variety of languages. With a team of 6 individuals, man hours were a precious thing. I have worked 60 hour weeks, raw hours. This is seemingly the nature of startups, chaos, but it taught me a great deal about time management and prioritization. I would find great joy in having the resources to actually manage my community of users to the fullest extent In summation, I haven't met too many customers that I can't make happy by the end of a ticket, and this is a point of professional pride. Users are people and like to be treated as such; the ability to empathize with the user and make them feel that their issue is important is the hallmark of superior customer service. If this is an attitude that you would like to have on your team, I would be happy to oblige Thanks for your consideration in advance, Leonard Jackson https://www.linkedin.com/in/leonardaj
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For some reason I had assumed he had been in custody/ was cooperating with police. Kinda silly to get missing with that much money when your identity is plainly known, you would be a marked man for the rest of your days. Also, silly to run if the reason for Cryptays failure was legitimate, and not just an excuse to shift liability.
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To those that would read this thread, notice a theme: the majority of bitcoin is lost to confidence schemes (didn't intend to rhyme). So, if you would like to hold on to your bitcoin until you actually get to sell it, take care to avoid those that would like to manage your bitcoin for you. Unless it's a trusted service with a nod at regulatory compliance, it's probably a scam. If it's not, then the risk of fraud is still too high and is likely an unwise investment.
Diligence.
And if you don't control the keys, it's true. You don't control the coin.
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Nah, bitcoin isn't really all that safe as an asset. If you need proof, look at the price. Safety usually equates with stability. With the volatility inherent in bitcoin price since it's inception, there is alot of profit, but that profit comes with an asstonery of risk. News moves the price entirely too much at the moment; we need more users and less speculation.
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Are there traditional customs and foodstuffs for this holiday? Also, do you think my boss will understand if I call in work late, scream "Happy Halving Day!", and hang up?
What should I wear?
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While I'll admit that this technology is for the current generation, once bitcoin becomes a household term, expect to see alot more people embracing working from home. I imagine this would be a great way to get some of the elderly back into the work force with minimal 'ouch'. Because we all know social security is dead in the water.
Bitcoin has to become a lot more user friendly, however, before it will ever be widely adopted.
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What the hell is a bitcoin bowl,lol? I would like to pay taxes in bitcoin's lol that would be really cool but i guess the governement would cry a lot if someone would want to implement this You are gonna love this https://en.m.wikipedia.org/wiki/St._Petersburg_BowlWe don't talk about this anymore, because it ended badly.
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I'm assuming you are the king, correct? So you are selling debt owed to you, just to check? I'm trying to be sure I understand your offering.
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I was thinking more anecdotally, what they're actually seeing. But yeah, I'd rather they focused on their business too.
Yeah understood. Have you done any interesting models of the bitcoin gambling space in general? Seems like the information would be hard to get, but I would love to see some done. Not formally. My guess is that there's two things going on when BTC rises dramatically though. Firstly, the anticipation that it will rise further (which might make gamblers hold off, or play with a smaller amount). Secondly, the euphoria that their holdings are worth more in fiat (which might make them more likely to "plunge"). There's probably also inverses of these when BTC drops. I don't know what actually plays out in practice though, and it would take the cooperation of a number of companies that likely consider that info to be secret. +1 observations, I think these phenomena are real as well, and have a profound affect on gambling in this space. ESP the 'rising anticipation', I experience a similar paradigm when the price is in an uptrend, I am very reluctant to spend knowing the price will most likely lower as a function of time.
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Dark marketplaces are not bad for us all because you can sometimes find some nice stuff on it that its not even illegal. I think that if you are sometimes using it nothing is wrong with it in my eyes.
This is true, but sometimes you have to deal with guilt by association. You may find a nice greeting card for mom, or a really neat antique vase, but chances are you are gonna find some really good weed. So when you do find that Hummel figurine you've been looking for for ages, you have to explain why it's listed next to fake IDs and JWH 018. Essentially, if the law came into this, I think you would have a time explaining exactly why you were shopping there in the first place, despite how mundane your purchase. This would be akin to shopping for groceries at a drug dealer's house. 'Officer, his organic produce is amazing...'
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I've been looking at a thread about a guy who was looking to start his own bitcoin store and was looking for ideas on stuff to sell, one thing I could think of was meteorites, I don't think you can buy meteorites for bitcoin yet unless someone is already doing that, is someone already doing that?
What do you think, would it be a good idea to open this kind of store? would you buy meteorites for bitcoin?
Although hella random, there is probably someone that would actually buy said meteorites. With that being said, it seems more like an Etsy or EBay listing than a dedicated storefront, that is I would be remiss to spend capital developing a webpage for this store. Better maybe to use an existing platform.
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Investment is always a reliable option.
I suggest planting the Bitcoin in a rich, loamy soil, taking care that the roots remain largely undisturbed during the transplant process. After packing the soil firmly around the rootballs, water the bitcoin into its new pot and place it into full sunlight for at least 5 hours a day. Your bitcoin will grow quickly with adequate moisture. You had to make the joke, right? Lol, I couldn't help it, that thread title kept making my inner troll giddy.
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Sell delicious tea. I'm serious. Easy to ship, both lightweight and not perishable. Comes in a variety of flavors, is a universally accepted beverage. It's cheap by bulk, and if you can buy bulk and repackage into something custom branded, you would make a killing.
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