any chance this would give ulbricht a window to climb out?
Yes. Prosecutorial misconduct. It can have VERY far reaching implications. Now, the prosecution is easily shown to have reason to lie. About this - and other things. This is VERY good for Ross. I am pretty sure his attorney will be asking for a retrial by the end of the week. the government should also payback all users funds as well/ I'm no lawyer, but if Ross were to be released/acquitted/not-guilty etc I would imagine that he would have the right to get his property back. It would obviously be paid back in cash, but then maybe he would back his BTC and store it safe this time. |
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realistically speaking, you are trolling or just try to spread fud. especially when you state that bitcoin will go down to $66
any serious bitcoiner know that below $100 is not.going to happen.
Even though bitcoin price is low and xiao is a troll, there is technically nothing stopping bitcoin price from being dumped down to the $66 level. Especially if a larger holder like Draper were to dump (very unlikely, but still possible). The real question is what do you think of the fundamentals and where do you see the future supply/demand balance being. |
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https://getmonero.org/knowledge-base/people --more devs than you can shake an angry troll stick at, and they're volunteers not paid by an instamine, but go on trying to sell your concern pericope like a two bit trial lawyer. Also, if they believe x-dark-dash is a fraud, they have every right, and I applaud them for it, to call it so. Your concern trolling is very appreciated--you obviously put a lot of time and effort into it. Buddy, I have more XMR than you, I guran-fucking-tee it. And I'm actively bringing new investors in, so please stfu about concern trolling. It's true that I have Dash as well, but my only concern is to see the development of the best technology. I just think that devs should be coding, not arguing with idiots on a forum. Unless you are certain how much XMR he has, how can you guarantee it? Statements like these are used much too frequently without the evidence/knowledge to back them up imo. You would have appeared more educated had you simply stated that you own a lot of xx and are actively "bringing new investors in". |
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My Dash is going to be sold over the next few days. I refuse to a cryptocurrency where the fanboys imagine that cryptography is uneccessary. What a stupid thing to say.
So you think these fanboy guys are stupid, then base your investment decisions on what they say. Seems a bit strange... I never said they are stupid, I said that what they said was stupid. It's like the run-up to an election, you support a candidate and you think he's not entirely stupid. In a debate just before the election his supporters make signs and go on interviews saying that they don't think the opinion of the people is important, and they fully support the presidential candidate making all the decisions. The candidate keeps quiet. Eventually former presidents come forward to point out how disconnected this thinking is from reality and how dangerously close it is to supporting a dictator. Would you keep the faith, and just ignore what is becoming more and more apparent? OK well whatever. I still can't understand why you'd sell your coins because someone else who has the coins says something stupid. If it was the lead dev then maybe, but some guy on a forum? I think he brings up a good point. Fanboys are emotionally labile and if a crypto's price is being supported mainly by fanboys who don't understand the technical aspects of their cryptocurrency and why it is good or better than another currency then they must be involved in that crypto for 1 of 2 reasons: 1. Price 2. Hype If a crypto is supported by fanboys who's main concern is price and hype, what happens when price goes down or the hype fades away? All support for the coin vanishes and it goes down in the books as another pump and dump (not to even mention Dash's 'accidental' pre-mine). If you're going to choose a privacy coin pick one with a good dev team (with no pre-mines), good community support and has people involved in it that aren't blinded by its day to day price. I invite you all to Monero: https://bitcointalk.org/index.php?topic=753252.new#newThe choice is yours. |
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Okay, so in the polo trollbox and other places, the question often arises "why is XMR price rising". Here are some possibilities in no particular order XMR provides a valuable service (cryptographically secure private transactions)active core development active ecosystem development (openalias) people that hear about DASH also hear about XMR and decide to buy XMR insteadXMR.to allows you to use XMR wherever XBT (BTC) is acceptedactive community (close to instantaneous responses on forums and IRC) Major XBT market maker said "xmr will now start rising" --And adding to the bid pressureRecent bitcoin fungibility problem awareness
XMR is undervaluedXMR was artificially undervalued due to BCX attack threat circa 10/2014 --Unlikely to have that long of a lasting effect IMO Staying power - been around for almost a year (birthday less than 1 month away) Large consistent market volume The longest and slowest pump 'n dump is underway (price has been rising for a month) I think we're exiting the most linear phase of the ~4 year emission curve - already a 3rd (6 million) of available coins have been emitted false reasons XMR price is rising: XMR devs convincing people to buy monero: https://bitcointalk.org/index.php?topic=583449.msg10893672#msg10893672Monero is a taco  any other things to add to the list? I bolded the things that I believe are contributing the price rise the most: DRK/DASH community leaving Dash and coming over to Monero (especially as more of their community learns about their large 'accidental' pre-mine). Increasing bid pressure from whales like Risto and his associates, XMR.to is a very valuable service. And lets not forget the recent awareness of the fungibility issues that have been brought to light by the Evo/BTC-e combination. And as David Latapie said in his lecture/speech the fact that if you're wealth and bitcoin address is out in the open, suddenly you have something to protect (more than just the value of the coins, but also your reputation, privacy and preventing miners from being censors). So far my ONLY regret with Monero, was putting some of my valuable monero in that cryptocoin-dice site as an investment instead of just keeping them safe in my wallet  Monero's future is bright  |
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^^ Not that they're mutually exclusive, but non-crypto industry salaries paid in BTC is what I want to see.
I really don't think that's going to happen in a long, long time, even after bitcoin reaches the moon. With companies like BitWage it will happen much sooner than you think. It'll start with small percentages of income being paid in bitcoin, like the employees at Overstock opting in for. Also with Bitwages partnership with credit cards it makes it even easier to spend your bitcoin wage at soon-to-be historic CC payment terminals |
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It's unfortunate that the failure of Mt. Gox still haunts every bitcoin exchange/trading news article. You can also bet in a bitcoin price run up the key phrase will be something along the lines of "even after the collapse of mt. gox in 2014 interest in bitcoin has continued to increase as seen in the recent..." etc
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Why are you using a random url shorter for that link? This forum doesn't trust stuff like that, change it to the long url.
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Forgot to add this: Tax on bank deposits in federal budget (Australia) The federal government is planning a tax on bank deposits at the May budget in a move that will raise about $500 million a year but which bankers warn could be passed on to customers.
The bank tax, as proposed by Labor ahead of the 2013 election, where it lost government, would be a 0.05 per cent levy on every deposit of up to $250,000. It was scheduled to start on January 1, 2016, and budgeted to raise $733 million in its first 18 months of operation.
-- This law hasn't passed yet and the banks of Australia are currently fighting it...but if it passes not only would you have an income tax, but when you deposit that money into the bank they get to hit you with another tax....LOL. Next there will be a tax for every withdrawal, transfer and purchase. tax tax tax tax tax tax it all! If you even look at money you're going to be taxed Better start getting some bitcoins sooner rather than later! |
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News 3/27/15How the Fed is 'screwed,' and what happens next"There will never be a good time to raise rates off zero when you've been there for six years," Peter Boockvar, chief market analyst at The Lindsey Group, told CNBC. "The Fed's screwed, essentially."
"Zero ... is just an unnatural rate six years into a recovery." Boockvar said. "But the problem is that GDP growth hasn't averaged more than 2.5 percent (during the recovery), so they're stuck in this lackluster, mediocre-type growth rate."
--"When CNBC has a Zerohedge article, that's how you know things are fucked up." -- RedditInvestors fly away from U.S. stock funds at a rate last seen in 2009 U.S. stock funds have seen $44 billion in outflows in the year-to-date for their worst start to a year since 2009, said Bank of America Merrill Lynch strategists in a note Thursday. Meanwhile, European equity funds have enjoyed $46.6 billion in inflows so far in 2015, as the table below shows.
The driving forces behind the move away from U.S. stocks include investors having been positioned too bullishly, weaker-than-expected economic data and the dollar’s rally, according to the BAML strategists.
Ramshackle San Francisco home sells for $1.2 million --Housing bubble anyone?
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enjoying these bears borrowing bitcoin at 0.07-0.49 (i dont get why the people borrowing my btc at 0.49% daily do not just reborrow from the market..rates are so much cheaper now...but i'm not complaining) just received 0.12 BTC for the past day  another day. another log entry Swap Payment on wallet deposit 0.1172816 no idea why they are still borrowing my coins at rates .1999, .3999, and .4999% daily when they could easily change out for the markets 0.07 but whatever i can't complain Which market is best for leveraged buying/selling Bitcoins atm??? 0.49% daily?? Where? You can leverage 20x on OkCoin futures, which is probably the highest leverage I've seen currently in regards to bitcoin. You have to be careful though as future markets are more easily manipulated than the typical non-leveraged buy/sell order books of exchanges. |
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This is really just a scare tactic to keep people away from bitcoin. There aren't enough bytes really for a full picture and you'd have to intentionally try to execute the bytes in the blockchain to MAYBE get a super small scrypt to run.....but who would run an equivalent of eval(); on it right? You'd be setting yourself up.
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Market depth on the buy side is still much larger than the ask side. 360BTC to 0.002, 160 BTC to reach 0.004 . We have had pretty good steady increase in price and without any major events I don't see this trend stopping anytime soon.
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GOOD NEWS: I did reset the blockchain on Bitcoin wallet for android V 4.21, took a long time but my coins showed up again! Now I send everything left on there to 1N1Dgi1Cxq45UHmWF4RA95Fo2uiYh1VwVQ. So about this wallet on my phone... I'm confused but happy my $20 is back. Then most likely it was a change address that you somehow hid on your android bitcoin client. It is good practice to use change addresses not only for some privacy but also for the security of your bitcoins (IE if K was reused on accident, a coding problem). I highly recommend you keep the change address feature and also never, ever delete a private key/address. |
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A full node is basically running the Bitcoin Core wallet. It's purpose is to create more connections within the bitcoin network and it maintains the full ledger (full blockchain) for verification purposes. You can even run a full node on your home pc to help support the strength of the network. As an added benefit bitnodes has an incentive program where they make bitcoin payouts in a lottery style fashion to operating reachable full nodes: https://getaddr.bitnodes.io/nodes/incentive/ |
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News 3/26/15China stocks may be in serious bubble]China stocks may be in serious bubbleOn Wednesday, combined trading on the Shanghai and Shenzhen markets hit 1.24 trillion yuan ($198 billion), the seventh straight session in which turnover surpassed the 1 trillion yuan mark. By comparison, the New York Stock Exchange typically saw $40 billion-$50 billion a day in trading during the first two months of this year.
... “even the cleaning lady” has opened an account to play the market.
In a note this week entitled “The Worrying Sense of Calm in China,” analysts at Bank of America Merrill Lynch got right to the point: “Risk-Love (equity sentiment) in China’s equity market is in euphoria territory. It is time to book some profits.”
“China’s real interest rates remain too high, the currency is too expensive, fiscal policy is tight, and debt deflation is taking hold,” the analysts said.
--At least BofA isn't playing the "its not in a bubble....yet" card. China is an extremely fragile economy right now and if they don't have an influx of businesses (very risky due to government corruption) to fill their ghost towns that they have built as a large part of the GDP, the whole thing can come crashing down.
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News 3/25/15Stocks are overpriced, overleveraged, headed for trouble Just to provide a little context for the less technically minded market watchers, the CAPE ratio is the ratio of the S&P 500 index to trailing 10-year average earnings. Q-ratio is the market value of nonfinancial corporate equities outstanding divided by net worth, while the Buffett Indicator describes the ratio of corporate-market value to gross national product. All three of those metrics are approaching two standard deviations above historical means, while forward P/E ratios are within historical norms.
--Of course it takes a 1.5-2% drop in the stock market in a single day for people to slightly wake up. U.S. stocks hammered as fears about quarterly results intensify The carnage on the Street marks the third consecutive losing session, with the S&P 500 and Dow industrials recording the sharpest losses in two weeks and occurred as one of the year’s biggest mergers, a deal between Kraft Foods Group Inc. and H.J. Heinz Co., was announced in the morning.
Analysts attributed the selloff to pre-earnings season jitters and investors cashing out of stocks in companies that have seen big run-ups.
The Nasdaq Composite COMP, -2.37% ended the day down 118.21 points, or 2.4%, at 4,876.52.ost 19.06 points, or 0.9%, to 2,072.44. Biotechnology stocks were hit the hardest, with the iShares Nasdaq Biotechnology ETF IBB, -0.06% dropping 4.1%.
The S&P 500 SPX, -1.46% fell 30.45 points, or 1.5% to 2,061.05, with nine of its 10 main sectors finishing sharply lower. Energy sectors stocks defied the trend and followed a rally in oil prices higher sparked by an intensifying conflict in Yemen.
The Dow Jones Industrial Average DJIA, -1.62% lost 292.60 points, or 1.6% to 17,718.54, and turned negative for the year. All but two of its 30 components closed lower. --Long quote but it brings out some key points such as Nasdaq: -2.37% loss, S&P500: 1.46% loss, and investors cashing out of stocks that have recently skyrockted. The market valuation for these companies is incredibly high and most P/E ratios are far greater than the safe "15-20" numbers. This is nothing like the 2000 dot-com bubble
Should we be worried about another dot-com crash?
After all, the Nasdaq Composite is back up to 5,000 — the giddy level last seen during the peak of the big tech bubble back in 2000.
There are frothy signs everywhere — booming real estate in San Francisco, overnight millionaires with messenger bags, and everyone doing deals.
Everyone’s got “the next Uber,” “the next AirBnB.” Kids with peach fuzz on their cheeks say they’re going to reinvent the world — and investors with billions believe them.
Heavens, even Mark Cuban is calling it madness — and saying it’s worse than last time.
FAA Grants Approval to Outdated Amazon Drones
(3:05)
Is the FAA too slow or is drone technology developing too fast? WSJ’s Jack Nicas reports on Amazon’s next steps in getting its drones approved by the FAA. Photo: DPA/Zuma Press.
Maybe he’s right. Cuban’s a smart guy. And maybe this is all going to end very, very nastily, as it did last time.
But if this is a similar mania, it’s hard to see it in the numbers. Here are three reasons why is this is not the same as it was then.
One: This Nasdaq 5,000 is not that Nasdaq 5,000.
...
But by the numbers we do not seem to be back up to those wild, crazy days. Yet.
--The author actually attempts to provide evidence that we are not in another dot com bubble and even though he has some points such as the nasdaq being 5000 now isn't the same USD worth of 5000 in year 2000. However, his entire first paragraph talking about all the mania and crazy high valuations just helps to show how wrong he really is. And of course his argument ends very similar to Goldman Sachs response that we are not in a bubble "yet", so that post-crash they can say "hey we knew it was coming, but we weren't in it when we wrote the article"
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Only 170 BTC to reach 0.004 on Poloneix. 360 BTC of sells to get to 0.002. Market depth for bids is pretty solid too, especially compared to ask depth. It's looking to continue its steady uptrend this week |
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The reality is that banks are closing the loop of their whole FRB system, so that everyone is only playing game on that giant exchange (banking networks), if no withdraw will happen then no bank run is possible
Yep. This could also be the setup to limit the impending bank run before a financial collapse even occurs. |
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