What you guys thin about it? I was not that bullish for very long time. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FCnlHxcD.png&t=663&c=OvCwh8Fvdo_HpQ) what is the target of this movement according to you? In my opinion, we will stop at 12k, where bitcoin will be put to the final test - ATH or 7k
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The artwork looks impressive. This confirms the thesis, to be rich all you need is a little bit of smartness and work. Very clever. man, you just had put an entire article from other webpage in here, without any comments or so? what do you think about it, was it worth 105k? it is one from 40 parts, and it will be connected to one NFT for each part, all parts should be decentralized, as BTC is, interesting motive, but i would not give that amount of money for a NFT and artwork
Same. I would not pay 105k for one NFT part ... maybe because i don't have such money ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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1- What’s the Difference between BEP-2 and ERC-20? 2- How BEP20 works 3- For High Gas Fees They doing this? 4- BEP-2 address also similar as ERC20 Address why?
1 and 2 - BEP-2 is binance chain. Blockchain launched by crypto exchange. It is less decentralized than ETH (ERC-20), thus is able to provide better bandwidth. ETH is POW BNB is DPOS and proof of authority - https://academy.binance.com/en/articles/proof-of-authority-explained3- Fees on binance chain are negligible (from fraction of a cent to few cents). Fees are that low because of much lower traffic (compared to ETH) and technology that is more speed oriented rather than decentralization oriented. 4- Binnance aimed to do a chain that is compatible with ETH to use infrastructure that is being build for ETH for last 5 years (f.e. you can use metamask to hold/transfer binance chain coins). Everything you can do with ETH you can do with binance chain too because of that. IF you are developer you can move your project from ETH to Binance chain without extra coding.
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Its like that since 2018. It's good that you have mentiond KYC case. Sometimes I think that stealing KYC data is the only purpose of majority of bounties now. You know that you can earn from Bounty without even running ICO? 50$ - that's how much full KYC data is worth on darkent. If you will collect 1000 IDs from bounty hunters (blackmailing them with the lack of payment for the work already done) you just profit 50 000$. https://bitcointalk.org/index.php?topic=5221497https://bitcointalk.org/index.php?topic=5221497.msg54724251#msg54724251The only bounties that I would take part in are weekly paid with coin already listed on exchange.
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I don't think we can get rid of speculators. They come with the territory. You can't have a game changing form of money in limited supply and expect it to not be volatile. And with a volatile asset, you can't expect traders to stay away. It's all very natural and organic in my view.
I agree that Bitmex has contributed very little to the ecosystem. In fact, their once daily withdrawal scheme has consistently driven up network fees for a long time. Not to mention all the traders they have screwed over with their laggy, unresponsive platform. I left a long time ago.
I agree. Each market participant is valuableh, no matter what his purpose is. Investor/trader/speculant/market maker/gambler. There is no volume without traders/speculators. There is no liquidity without volume. Without liquidity there are no inwestors (10% slippage will scare out most of big investors) I dare to say that without speculators asset would be much more volatile because of no liquidity. Bitmex was the biggest BTC/USD market for quite a while and i'm sure that, despite gamblers, there were also a lot of market makers that was using Bitmex liquidity to hedge their positions from other crypto exchanges.
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I must say that last few weeks on Yolodice are very quiet. Little to 0 changes for ETH, BTC and DOGE investors in last month. Chart says more than 1000 worlds so here they are: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FRa0YGPV.png&t=663&c=Othyy8UFvYqKqA) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FYGKxTLG.png&t=663&c=Lxf2fcrhBRHEmw) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FanlpTlM.png&t=663&c=7XDA_nfIjgdhcg) It is also visible on your stats. Profit oscilates from 11.5% to 13% in last 5 weeks. This is caused by low gambling volume?
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Zoom out sometimes:) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FyCACYOz.png&t=663&c=F24nCBejtXze8w) I don't see any dump here. I can say more. Chart look so damn strong and 10500$ hold even after 3 horrible newses. Mark my words. BTC is going to ATH in 6 months. Being bad news resistant is the best indicator of no weak hands on asset.
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I am not a lawyer but I wonder how could one country legally seize a domain of a company which is governed by the separate laws of a different sovereign country?
We know that BitMex is legally registered under the laws of the Republic of Seychelles and is mainly operating from Hong Kong. We also know that the services of BitMex are not offered to the citizens of the United States. With all these information, is it legally valid that the USA filed civil and criminal cases against the entity and its top officers, respectively, for violations of the US Bank Secrecy Act, in particular their failure to gather personal identity information of their users as well as the information of their transactions? I mean, can a certain company registered in one county be sued under the laws of another country?
If there are Americans found to be trading on BitMex then they're the ones who should be charged under the laws of the USA. BitMex could be charged but only according to the laws of Seychelles under which it is governed.
Yea that's the most funny part to me too. Looks like US thinks that US law = international law. And US can go around the world and jail anyone they want. Jail CEO of company registred in Seychelles and operating from Hong Kong only because few of US citizens were using Bitmex on their own free will. Can you imagine this shit from other country - not US? A small village in Africa creates a law that it's citizens can't use facebook, few of them used facebook, so Mark Zuckerberg is going to jain. What a nonsense. Money laundering? As someone mentioned before they were accepting BTC deposits and BTC withdrawals. So what money laundering we are talking about if BTC is not a currency according to US law (Bitcoin is generally not considered legal tender.). So basically speaking bitmex was only accepting deposits and withdrawals of collectables. I've never heard about law that prohibits collectables laundering.
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I wouldn't trust the news coming from a hacked exchange 100%.
Every single crypto exchange was hacked or will be hacked in near future. Even binance/bitfinex was hacked. https://www.bloomberg.com/news/articles/2019-05-08/crypto-exchange-giant-binance-reports-a-hack-of-7-000-bitcoinhttps://www.coindesk.com/bitfinex-hack-bitcoin-movingI always tread kucoin as second/third best crypto exchange. Even though volume was not representing it. Now they showed class. They limit losses from 280 mln to 80 mln at max, they were insured (so this 80 mln will most likely not even hit kucoin, they will only pay bigger fees in insurance company) and now we see that they will most likely catch hacker. Pretty disappointed with the announcement. I guess we will just have to wait until the arrest has been made before they disclose more details. It would have been better if it was announced after the suspects were already arrested.
this is what surprises me the most. Most often, the police in such a situation forbid informing the public in order not to make it easier for the criminal (not to warn him that his days in freedom are numbered, so that he would not try to run away/hide).
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It is a legit project with massive potential but i have fear that it can stay under rated like waves etc for longtime because so many big names are surrounding it that is overshadowing this project but lets stay positive at this point and hopefully everything will turn out to be best.
I love how people from crypto community name something "under rated" only because it is "legit project". It is worth $770 M ! Is it generating at least $100 M in profit annually to have P/E ~8 (undervalued in comparison to nasdaq average - super overrated market with tech companies)? I doubt... Take a look about my fundamental analysis of BNB -> that's how I check if something is undervalued. @OP - I would not invest in it. It is not innovative(anymore), it is overvalued based on FA, Vechain use cases does not boost VET value well enought(f.e. BNB - 20% of profit goes to buybacks). So based on price/value risk/reward i would not put a single cent in VET. You can try to trade on it and catch swings. Thats it.
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What do you think about the CME gap in the $9K area ?
I think that tail is not steering the dog. CME volume - 5800 cont = 29 000 BTC = $ 300M https://www.cmegroup.com/trading/equity-index/us-index/bitcoin_quotes_globex.htmlWhile volume on binance futures and bitmex futures only is equal to $2.3 bil. Total bitcoin volume according to coingecko - $ 19 bil If anyhow CME gaps would steer bitcoin price than it will be the easiest and cheapest way to manipulate BTC price. I doubt, but I am also surprised how many people are repeating this. Maybe some whales are trying to manipulate BTC that way by creating such gaps and then pay shillers (youtubers etc.) to spread it out as much as it is possible and others are repeating? I know that on traditional market it is the case but BTC is not regulated stock with high volume located on market that is not 24/7 open.
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Not really sure if they can't operate, but there's a huge dump in the last 24 hours, meaning traders are withdrawing because they are afraid about the future of BitMex. And if this happens, for sure it will be hard for them to operate, so it's either;
(1) temporarily halt their operation until this is over (2) continue to operate but the risk for traders is going to be huge
The question is, which exchanges are the next target of CFTC?
It looks to me that none of those points make sense. Losing some customers is the case for bitmext but it does not affect other customers that decided to stay (despite lover volume that it is huge even now - top 3 even after incident). Trading will continue normally. US may want to attack but for good reason Bitmex is not even registered in US. To make things clear. I think that company registered in Seychelles providing services for whole world will not shout down only because US has problem that Bitmex did not ban US users that wanted to use their service. It will end up with few mln $ penalty at max. BTW Can you imagine this shit from other country - not US? A small vilige in Africa creates a law that it's citizens can't use facebook, few of them used facebook, so Mark Zuckerberg is going to jain. What a nonsense.
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True, it's their cold wallet but people are massively withdrawing BTC from BitMex and it's just a matter of time when their hot wallet will run out of Bitcoin and they will have to transfer some from the cold wallet. Luckily I have never used that exchange, but if I did I would surely withdraw everything from there to Binance or my own wallet.
Fair point. Binance might be at risk too: Interesting thoughts from Cryptomedication: "Binance and Bitfinex are Next You have to be high to think that they aren't. They're way more egregious than BitMex. Also, they're part of Crypto Capital Co. the same way that BitMex was (remember, BitMex was the very first exchange that signed up with Crypto Capital Co.)" But they seem to be more legit in terms of fallowing US law. They kicked US citizens a while ago and launched separate platform for them Binance.us
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They can say all they want, but the problem is that they have almost 200.000 BTC in 3/4 multisig wallet. That means if one more founder gets arrested, BitMex will lose access to those funds.
4 keys is not equal to 4 persons. They could have shared key location with wife/relatives. It is also only cold wallet that is not neccessary for bitmex to function. And even if this will be temporary.
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I just saw this, they are fully in operation regardless what happen. They announced that Funds are safe, the platform is still running. https://cryptopotato.com/bitmex-in-response-to-cftc-we-will-continue-to-operate-normally-funds-are-safe/Bitcoin price most of the time are manipulated by this futures exchange and Bitmex is among the top influence derivative exchange that was responsible for such activities, altcoins are not excluded as well. Bitmex exchange has always been liquidating traders their fund, this happens most of the time when the market plunge and their website offline mode, they deserve to the queries by regulations body. 1-Investors manipulate BTC price not exchange. 2-Investors funds are liquidated because of their bad decisions not because of exchange 3-Almost all exchanges are lagging during massive bitcoin pumps/dump. Try to operate correctly with hundreds of orders coming every second and be prepared for this while normally there is 1000 times smaller load.
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100% agree with what @Febo said the only one who is going to get hurt are small scale investors, I say that because I really think the recent dump in BTC price is because of this news (my opinion). This news triggered a lot of SLs tonight lol
Yea a lot of rekt investors. Official Bitmex announcmet: “We strongly disagree with the U.S. government’s heavy-handed decision to bring these charges, and intend to defend the allegations vigorously. From our early days as a start-up, we have always sought to comply with applicable U.S. laws, as those laws were understood at the time and based on available guidance.”
In the meantime, the BitMEX platform is operating entirely as normal and all funds are safe. To allay any potential customer concerns, pending withdrawal requests were processed at 17:45 UTC, in line with our standard procedures. We will process another off-cycle withdrawal at 08:00 UTC, 02 Oct 2020, and then 13:00 UTC, as usual. Looks like its storm in a glass of water. SL triggered, weak hands shaked, we can go ATH now. BTW. If i would have anything on bitmex i would withdraw anyway.
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This is ultimate test of market strength. 16 month consolidation is finally over (8-12k without covid dump to 4k). If 10-10.5k will hold for the next week, it will test 12k at the end of the month and then ATH in next 6 months. If not, we will discuss further fate at 7,000. This is huge news and market reaction for this will be crucial. This will show if weak hands are holding BTC or strong.
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You dont need ICO to apply blockchain technology into your product. ICO is for collecting founds not for applying blockain into working product. If you have a working product that generates 50 000$ annual profit than think about ICO as stock exchange debut (but without regulations). You are collecting extra founds for your company but in exchange of something - shares, product discounts, etc. But make sure to choose good timing for your ICO. ICO-mania is over. If you are not DEFI with paid shill you will not get any attention now unless you will target real investors not lambo guys. Give them raw data. Your profit, your book value, profit for investors (f.e buybacks like binance do) and then give your price for your project (number of tokens * price) and let them calculate if its worth for them to invest or not.
And most ICO failed because they were scams that was made to collect founds and run away. Not because of high ETH fees.
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What is better hard cap token amount supply or our variant?
Basic investment data - how much for how big company share (%) (haven't you watch dragons den xd) You need to know if your 1000$ is 1% of project (developer is pricing his project for 100 000$) or 0.001%. Without that this is not investment. It is gambling. Even soft cap and had cap is something invented to cheat investors. It should be soft cap only. Investor shoud do like that: 1- Learn about project. 2- read or estimate annual profit 3- get to kwno abot profit for investors (f.e dividend) 4- estimate the company's value 5- check how much is company worth (all tokens * price) 6- made decission based on risk/reward and price/worth If you dont know how much tokens there are you are unable to do p.5. So you are gambling not investing.
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