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2661  Economy / Exchanges / Re: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH on: December 10, 2019, 02:19:44 AM
Sorry but you need to have an account with Etana custody service, complete their KYC process, and open a joint account (venture) with Kraken
using your public account ID

This isn't Etana. No goddamn way would I sign up with them. They sound like deadbeats.

This is a new service with an operation called Clear Junction. There's no indication of needing a separate sign up. I'd like that to be confirmed. I won't bother if it is required.
2662  Bitcoin / Bitcoin Discussion / Re: What Happened To Bitcoin’s Promised Influx Of Institutional Investors? on: December 09, 2019, 11:52:49 PM
Corporate investors are still holding themselves back to enter the bitcoin market. They know the current market situation is still not right. Large companies are indeed afraid of commodities or markets that rise and fall too sharply like bitcoin. There will be times when institutional investors will come in and enliven the bitcoin market, so that the price of bitcoin will rise again.

It's the type of thing they love. Not every market has to be steady. Forex is filled with insanely violent moves when you include leverage and that's one of the world's biggest markets.

It's still only ten years old. Certain markets are thousands of years old.

It's us lot who are the twitchy kiddies in a hurry.
2663  Bitcoin / Bitcoin Discussion / Re: What Happened To Bitcoin’s Promised Influx Of Institutional Investors? on: December 09, 2019, 11:21:49 PM
Isn't that what "smart money" supposedly does -- buy when there is blood in the streets and all that? It stands to reason that they might not wait for a bubble before dipping their toes in.

Bakkt is doing thousands of BTC per day in volume now, despite the market lull. That seems to suggest that institutional interest isn't totally dead.

I'm sure that's what a reasonable number are up to.

But the expectation here is usually that the moment the starting gun is fired they're instantly going to push the price up $50,000 and keep pumping until the universe explodes. There've been about 20-30 starting guns now. It's been guaranteed since about 2013.
2664  Bitcoin / Bitcoin Discussion / Re: $2 Billion Lost in Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims on: December 09, 2019, 07:23:03 PM

Hmm. Would it be a surprise if this was true? American law enforcement had plenty of fun on Silk Road.

It's certainly doing no favours for Russia's image to the outside world but they seem to be long past minding about that.
2665  Bitcoin / Bitcoin Discussion / Re: What Happened To Bitcoin’s Promised Influx Of Institutional Investors? on: December 09, 2019, 07:04:23 PM
Why would 'institutional investors' pile in when no one else is interested?

There are much better avenues for them than ever before. They're not going to show up en masse until real people do as well.

The narrative that they're chomping at the bit if only there was a way and they'll create a bubble out of nothing just for us has always been a daffy one. They prey off stuff like that. They don't scratch build it.
2666  Economy / Exchanges / Re: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH on: December 09, 2019, 03:47:17 PM
I've noticed Kraken have added GBP deposits and withdrawals including faster payments which is great news.

https://blog.kraken.com/post/3096/new-options-for-gbp-funding/

Can anyone from there confirm that you don't have to register with some no mark third party to use it?
2667  Economy / Economics / Re: Coinbase Holds a Whopping 966,230 Bitcoin ($7B) in Cold Wallet on: December 08, 2019, 04:23:43 PM
Do you guys read up on whats being discussed here or just simply talking about that almost 1M amount of bitcoin?

It's unsurprising that these types of posters, the ones incapable or unwilling to invest 5 seconds of actual comprehension, never, ever, ever have any merit.

It would be interesting to guess how many people own a combined equivalent amount themselves other than Satoshi. It could well be less than 15-20.

2668  Other / Beginners & Help / Re: Favorite Bitcoin exchange? on: December 08, 2019, 02:58:29 PM
Thanks for your comments. However, I find that with Coinbase, the transaction costs when converting from Cash to BTC are huge. Compared to OTC trading platforms like Binance, OKEX, Huobi, ..., I think Coinbase should not be used when you trade multiple times per day, switching between cash and BTC. Note that I am not talking about security here.

Are you mixing up Coinbase with Coinbase Pro? Coinbase Pro is their proper exchange. Fees are higher than some other exchanges but nowhere near as bad as their normal buying service.

The exchange I use most is Kraken. I'm not a fan of its design but they're solid and have been around for a long time.

2669  Bitcoin / Legal / Re: So Richard Heart is a Bitcoin ponzi scammer too? on: December 08, 2019, 02:41:11 PM
Someone's breakdown of it here - https://medium.com/@TooWumboToFail/under-a-hex-396847b86e57

All a bit grubby but no one should be surprised at what people attempt to pull. I wonder how many other people have been building their rep with similar end goals.
2670  Economy / Trading Discussion / Re: I'm selling 2131 Bitcoins, I'm in Hong Kong on: December 08, 2019, 12:43:37 PM
So you deposited millions of dollars worth with no thought of KYC. And instead of giving them a couple of fake documents you could buy for pennies from some hacker you're going to attempt to sell these non coins to someone despite them still being locked in an exchange?

That's a highly erotic deal.
2671  Economy / Speculation / Re: Is Sec regulation making the Bull market slower? on: December 08, 2019, 01:11:44 AM
ICos, STOs then ETF, are we going to get any indication for those staff sooner?

ETF - most likely never.

ICO - you actually want that worthless, empty shit to make a comeback? Even if it were allowed I wonder whether enough people would fall for it again. Probably.

Regulation plays no part in sentiment. When there's a real whiff of dollars in the air people will charge into anywhere they can find.

2672  Bitcoin / Legal / Re: So Richard Heart is a Bitcoin ponzi scammer too? on: December 08, 2019, 01:06:49 AM
I always figured Richard Heart was building up to something like this. He always seemed like a marketer intent on monetizing his position as an influencer on Crypto Twitter.

I thought he had previous scamming/criminal experience pre crypto under a different name. I seem to recall something about Panama.

As ever in cryptoland who knows what's true and what isn't but actions speak louder than words and his recent ones are rather vocal.

He strikes me as someone with a rather towering superiority complex so would regard relieving peons of their money as a personal favour to them.
2673  Economy / Gambling discussion / Re: Andy Ruiz vs Anthony Joshua II on: December 08, 2019, 12:46:07 AM
Part III is always possible and I don't know if the results will be altered if Ruiz will truly prepare on this one. Because aside from gaining weight, he claimed that he's not really prepared for this fight.

That seems plain bizarre to me. He must be aware that the first fight was regarded as a blip by others. The second fight should've been him confirming that it wasn't. He should've gone all out.

A third one would be deviating from the Joshua master plan. They have him out of the way. Why would they want another visit?
2674  Economy / Economics / Re: Coinbase Holds a Whopping 966,230 Bitcoin ($7B) in Cold Wallet on: December 08, 2019, 12:12:00 AM
At some point, it becomes a political threat. They already control 5% of the BTC supply. Let's imagine a hypothetical future where they control 25% of the supply and then get hacked for everything. Since their custodial holdings represents such a huge portion of BTC investors, there will be huge financial and political incentives to destroy Bitcoin's immutability and roll back the chain.

Sadly, markets usually become more consolidated over time, not less.

Hacks are definitely a worry but a more likely scenario is that percentage or higher winding up under the control of the 'banking class' who are all much of a muchness. If several major US corporations have 20-50% of the supply in their control which is conceivable that's about 10-15 dirty phone calls from the government to implement whatever they feel like.
2675  Economy / Speculation / Re: Bull run is delayed! Halving not helping! Bear go away on: December 08, 2019, 12:01:25 AM
Who says it has to be on?

I'm not expecting anything significant until 2021. If there aren't any signs of one around then then I'll start to get a little sweaty. I'm expecting 2020 to be fairly unremarkable myself.
2676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 07, 2019, 11:54:05 PM
Other sensory challenges including that crooked candelabra and game of thrones chair of his every video makes it impossible to not feel completely repulsed well before he opens his mouth.

Interesting. Both of those elements were instrumental in my sexual awakening.
2677  Economy / Gambling discussion / Re: Andy Ruiz vs Anthony Joshua II on: December 07, 2019, 07:08:19 PM
2 hours left for the fight.
This looks like a classical fight of tall athletic bodybulider type guy against regular overweight guy.
I can't help but cheer a bit for Ruiz. Smiley

I reckon he's going to do it. It's his opponent who has everything to prove and to have your smooth ascent stopped like that is going to throw a lot into question. He's going to be much more make or break whereas it's all gravy for Ruiz. It looks like plenty of boxing pros are settling on Ruiz too. Anyway, not long now.
2678  Economy / Gambling discussion / Re: Andy Ruiz vs Anthony Joshua II on: December 07, 2019, 06:54:51 PM
I'm intrigued to see what'll happen here.

I've just been reading about the previous contest and was struck by most of the people talking about it acting like there was something wrong with Joshua rather than him just being crap.

I can't really think of any other sport where people speak like someone's already won and barely acknowledge the challenger unless it's a blue riband event. It seems to be the norm for boxing.

I'd like to see Ruiz kick botty again.
2679  Bitcoin / Bitcoin Discussion / Re: don't screw with the market with fake stuff anymore: im contacting attoneys now on: December 07, 2019, 01:20:34 PM
when it's not supposed to  

Um.

Ok.

2680  Other / Meta / Re: Should there be notification on receiving merit? on: December 07, 2019, 01:12:01 PM
I would only really be interest in something like this - https://www.theguardian.com/culture/2012/oct/09/like-a-hug-facebook-vest-friends

Or those online orgasm things that cam girls seem to have rammed up their arse.

We can do better than some email. Let's take it to a higher level.
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