BitMex right now...  Don't know why, this reminds me of the Mayor. |
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Here comes the pump
here comes the pump
it's allright
Little darling, it's been a long cold crypto winter
Little darling, it's been like years since 20k
Here comes the pump
here comes the pump
it's allright
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Seems awful quiet 'round here.
Who cancelled the weekend pumps, did Rosewater take them with him..? We should have frisked him on the way out.
Probably. I guess right now is where people gave up and nobody wants to buy in. This might go on for a while. I wonder if bitcoin will ever experience huge pumps like in the past? Those were the days.... At best now we will only have a linear increase. I feel more like: The more I learn about investing the more I realize how little I know. The pundits and talking heads don't know shit. They're just as clueless as the rest of us. The only difference is they're paid to pretend they know something. Half the time their predictions are accurate...
Only, I know my SOMA(tm) predictions are almost always wrong, almost all of the time. |
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Classic bitcoin right now, always worst case scenario happening, its like the coin is thinking, How can I know who truly loves me? How can I know who's only with me for money? so right now scenario is faking a bottom close to 6k to trap most of the speculators before this support becomes a huge resistance and we find bottom way down from here
Bitcoin is very jealous, he only wants the best and strongest and most loyal holders; bitcoin wants someone that truly understand him; bitcoin is testing your loyalty every time; if you like bitcoin you stay with him for life and you love him whatever he does even if he plunges!
BE LOYAL
BE LOVING
BE HERE FOR HIM
Him?? It's a SHE, plainly. |
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help them find a cure for white-nose syndrome. Let's hope it worked; it's time to call in a favour   I repeatedly misread the link as "white noise". Figured out the poor bats, navigation blinded by noise, would go banging their miserable heads on walls and things. Wall watching takes on a whole new twist in that context. |
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So by the bitfinexed theory, some significant price movement is to be expected.
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https://www.youtube.com/watch?v=cidZRD3NzHg George Gilder: Forget Cloud Computing, Blockchain is the Future ~transcript for d_eddie https://www.hoover.org/research/george-gilder-forget-cloud-computing-blockchain-futureGilder argues that cloud computing, while it was the hot new technology ten years ago, has reached its limits as the physical limitations of big data storage centers maxes out. Improvements in parsing big data are incremental at this point, and it’s time for the next big technology to take its place. Gilder points to blockchain as the technology of the future, with its ability to prevent corruption and manipulation of transaction data and the infinite uses it could have in third world countries.
Gilder also discusses the history of technology, artificial intelligence, and the revolutionary bitcoin. He argues that artificial intelligence can never replace human intelligence and creativity and that in principle, it is impossible for machines to take over. Thanks for the usual impeccable scouting, and for the personal touch of a transcript  "Blockchain as the technology of the future" though? That is almost right, but not quite. I think it's more like "bitcoin as the money of the future". |
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(snip) Venezuela would have fast and cheap international money transfers independent from the Central Bank. If the people in Venezuela start using Petro in theirs everyday activities, it would be a big victory for whole crypto world. I'm kinda confident that they will use it since many of them depend on help sent from friends and relatives living in other countries and Petro would be cheapest and fastest way to do that, also they are prolly one of the top crypto-educated nations atm. If I was a bankster I would be very worried now because if that works out fine for Venezuela then some other countries would follow as well Right, but I can already hear the choir of bankster FUD. "See what they got to? That country began going to the dogs the day they revoked concessions to the big corporations, and it was downhill from there. Now they even lost control of their own money. It's going to be a hemorrhage, I tell you. See that we never get to that!" The moment it is evident your word is worth NOTHING no one will ever trust you anymore. The moment Venezuela started expropiating corporates and revoking concessions no one would invest any single penny on it. That's not a case of bankster FUD, it's just reality... would you invest in Venezuela? Petro will go NOWHERE. Remember it is not exactly a decentralised crypto... it is controlled by the Venezuelan government. So much for trust, uh? I agree with you word for word, and of course Petro is not your typical crypto. I wasn't defending Venezuela, though. It's undefendable in its current predicament. My point was that I doubt there will much bankster worry. The FUD bit is when the choir goes "see that we never get to that!" - with a hint at stricter crypto controls. |
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(snip) Venezuela would have fast and cheap international money transfers independent from the Central Bank. If the people in Venezuela start using Petro in theirs everyday activities, it would be a big victory for whole crypto world. I'm kinda confident that they will use it since many of them depend on help sent from friends and relatives living in other countries and Petro would be cheapest and fastest way to do that, also they are prolly one of the top crypto-educated nations atm. If I was a bankster I would be very worried now because if that works out fine for Venezuela then some other countries would follow as well Right, but I can already hear the choir of bankster FUD. "See what they got to? That country began going to the dogs the day they revoked concessions to the big corporations, and it was downhill from there. Now they even lost control of their own money. It's going to be a hemorrhage, I tell you. See that we never get to that!" |
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Bitcoin doesn't give a fuck what regulations we put on it. If it ever does, we'll just use Monero.
For crypto transfers, large or small, it's a good solution indeed. But if conversion to fiat is needed, it's back to KYC/AML one way or another. In several years, I'm hoping we won't need fiat conversion. But yeah, we're pretty much stuck in KYC/AML hell until then. I'm afraid once fiat conversion is unnecessary, they'll move the tracking to the actual goods, as they're already doing for assets with substantial value, e.g., cars, real estate etc - as pointed out several times in recent posts. In other words: Crypto does not solve the laundering problem nor really helps in tax evading in a significant way.
... but creative corporate accounting does. Boxes inside boxes, that kind of stuff. |
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Bitcoin doesn't give a fuck what regulations we put on it. If it ever does, we'll just use Monero.
For crypto transfers, large or small, it's a good solution indeed. But if conversion to fiat is needed, it's back to KYC/AML one way or another. |
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Do people like these sentiment updates or are they dumb?
I like these sentiment updates, we need these rare on-topic posts  We already have a sentiment indicator: Rosewater Foundation He's more colourful, more accurate and much easier to read. Rosewater is too peaky. I'd like a smoother RW statistic, like RWMA50 or something. |
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For what it is worth, here is the current chart I use for trading. Current strategy is to attempt to open shorts at the orange down trend line. The price at the moment has remained too low beneath the orange trendline so currently have no trades open (short from 28 September has been closed). Support and resistance is too tightly packed for me to gain an acceptable risk/return on longs. However a long position from $5,900 would be appealing.  https://www.tradingview.com/chart/BTCUSD/xAc2kWDL-Bitcoin-USD-Downtrend-state-support-and-resistance-analysis/What I'm doing now is I closed my shorts too and I'm left with a long btc position, suffering a bit. However, liquidation would be under 2k, so my play money is safe for the moment. I may decide to take a hit if we go under 4k, but I'd buy physical bitcoin before that. On the sidelines, I opened and closed a few gambling shorts on BCH. The last has just been closed. I'll reopen if its head peeks above 0.083 btc again. Which might not happen in the near future. Or it could, depending on IPO proceedings or Jihan's needs. At any rate, I have to thank the bcashies for the feeble pump. Do it again please! Can you take it above 0.1 for a while? Thank you. |
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I love how you all still have hope. It's refreshing.  I'd hope it all works out for you, but, well... I don't believe you a bit  |
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Meanwhile, I give up. The show's over for me. This money can be put to better use somewhere. I'm sure of it. Thus and so I'm cashing the fuck out before I do anymore damage to myself. God speed, you lot of sophisticates. Give my regards to mister Toronto.
Cheers and bon voyage or whatever.
Capitulation NOW? A contrarian move if I ever saw one. |
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Meanwhile, it seems to me that the green candles are always on larger volume than the red ones. Something is stirring.
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Lightning, or something extremely similar, would've been possible without segwit.
Indeed, some other fix to transaction malleability could have worked as well. However, covert ASICboost needed to be taken care of too, and other solutions wouldn't have solved that problem. Which is the reason why most bcashies were so strongly opposed to segwit. |
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Investors IPOwned... nothing to see here gents, please move along. |
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Just bought s'moar. Dollar cost averaging on its way, especially on the way down as someone else has drilled into our collective heads I hope my timing is lucky this time around. Not so much for the small advantage of buying slightly cheaper, but as a good start for a year final bull run in bitcoin's best tradition. Every moon climb begins by tackling a hill. |
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getting sick last days .... always when i'm looking on twitter there are does f****** posts of paying with BCH in all those places and always roger ver liking those posts .... its getting retarded what they are trying like there are so many accepting and willing to use this shit  nobody wanna use this shitcoin Well I've used it in the past. And I'm still using it now. In the past: dumped the rainfall. Now: shorting it. |
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