It's Bitcoin Cash.
No. It's whatever the fuck *I* want to call it and it is BCASH. Are we straight?
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This is something that bears watching, IMO: http ://redditmetrics.com/r/Monero
Out of 1.2 million /r/, Monero is:
No. 104 Fastest growing yesterday No. 117 Fastest growing last 7 days No. 201 Fastest growing last 30 days No. 427 Fastest growing last 90 days
Over 1000 new subscribers per day, and accelerating. Sure, all of crypto is expanding, but to me this indicates that Monero is receiving its share of attention, and more. Ranked near top 0.1% (for # subscribers on that site) and exploding upward. This is visibility, adoption, exposure, whatever you want to call it. Here it comes.
Cool stats, they match my sense of what is happening. I see a dip against BTC and then (unlike in the past) there are immediately bargain hunters, hoovering up any signs of cheap Monero. You have to realise you just can't buy cheap Monero any more, unless you're very quick off the mark. I am having to adjust my trading stance accordingly... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) EDIT: BTW, Explorer - I guess you have also spotted how the odd mention of Monero in the WO thread is allowed to pass through the velvet rope. Far more of the smarter people are keeping Monero quietly in their portfolio, it seems It doesn't hurt that the WO moderator moonlights here. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) No pain at all. As a wise man has told me... the moon is black and orange. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) But... all will be what all will be. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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For now a combination of software wallets and cold paper wallets are working for me, so I really don't want to put down 50ish dollars for something I don't need. Like I said, I really don't have enough to bother with a cold or hardware wallet (I know, words of somebody who will later be upset that he lost it), but I'm holding for the long term so I figure that I'll get it on a wallet that I control the private keys.
For cold storage a paper wallet can be as secure as a hardware wallet. More so, actually. A paper wallet has ONE attack vector. The hardware wallet shares that vector and adds the small additional vulnerability in that someone could hack the wallet etc. I LOVE the nano s. And use it as my chilly-wallet. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . I look forward to the completion of the Monero code for it. But nothing really beats a properly created paper wallet for just security.
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Don't use unknown third party wallets for Monero. You may lose all your funds there if they're scammer. Get a ledger nano s and they have monero wallet inside. Physical wallet is very safe if you have too much monero. I understand the mistrust. Kind of. But It's open source and you can put a small amount on it... But as to the Nano S... I own one. There is no Monero wallet for it yet.
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Just bought a Laptop using it and xmr.to. Works great. The level to which you trust it is kinda your call. It works with standard 25 word seeds so it can be the front end for a wallet on a computer as well.
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An expert on scamming and manipulation sees bitcoin as a manipulated scam.
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I am sorry to say, but the candles have turned deep red and you are all poor again.
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That tears it. I'm ignoring everyone. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) But I brought you ice cream and a flower... ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) This feels like a trap. Let me guess, fees were too high? Confirmation took too long and the ice cream melted? Then you used <insert alternative cryptocurrency> and it was so user friendly? It's coffee ice cream and a carnation. No fees... no blocksizes.
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That tears it. I'm ignoring everyone. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) But I brought you ice cream and a flower... ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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I've been a coinbase customer for four and a half years. Coinbase is under the thumb of financial authorities. Recently Coinbase acquiesced to an IRS subpoena for customer records. Coinbase could have appealed, but they gave in. Coinbase is such a big, fat target that they are probably afraid to add a coin like Monero. All the bulldogs and retrograde anti-crypto buttheads like Feinstein and company would be on Coinbase like flies on shit. Coinbase isn't going to add Monero any time soon.
I disagree. I understand the sentiment, but in reality AML/KYC compliant exchanges are the governments BEST vector for tracking a true privacy instrument like Monero. At least then the government can prove the purchase or sale of XMR. The FEDs should be begging Coinbase to list Monero. Secondly the view key gives Coinbase the ability to allow for full auditing of their wallets.
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the business model of the new millennia payment models that rely on the stupidity of the masses I am just surprised that here of all places, no one seems to be concerned about the possibility of corporations effectively restricting what is and isn't 'allowed' on the net if they control it. Some of us are filthy foreigners and don’t live in the United Swamps of America. Me too - but there are plenty of people here from 'murica that seem not to have noticed. Maybe they're all for freedom being sold off, I guess enough of 'em voted for.... Ok, never mind. I will keep quiet and just be (very quietly) flabbergasted. You are not the only one.
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Pretty obvious.
He's saying that because we blew right through $10k upwards and support levels around $10k were never properly tested for buyer support, we'll probably revisit them soon for a re-test.
Although I might disagree with that a little, as we hit a low of $12,700 not more than 4 days ago and it bounced pretty hard off of that point.
If you look at the chart though, the true pump started on 12/5 around $11,730. So if things were to turn bearish, in my mind that would be the first support test level, with perhaps a brief spike down to $10k.
With all the bullish news lately, it's possible than any major short/dump will be gobbled up quickly. Whale traders are desperate for more supply right now.
His post from an hour later does a good job laying out my own strategy in the current market: Write that the bubble Bitcoin on the rise in price of goods outperformed the Dutch tulipanomania of the 17th century.
I do not know how they believed it, but here's what I want to say. We witness something unique. You will never see what you see now.
You will never have a chance like it is now.
The chance to ride on such an orbital elevator falls once in hundreds or even thousands of years.
When the adaptation of bitcoin is over and everything will subside - neither you nor your children and grandchildren - will see anything like this and will not be able to participate in anything similar as freely as you are now. And you will sit and tell the young "That was the time!". And they will be very enthusiastic to listen.
I want to say that this is a very big game. Here you can get big and get burned up. Or just watch and bite your elbows. You decide.
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Why oh why did I not listen to (that racist, paranoid, fucktard) r0ach
Racism is the act of being a cuckold and not standing up to the evil cult known as jews running the media and banks pushing their white genocide agenda in the US and Europe. THAT's racism you cucks. First the jews came for the nazis, and I said nothing, because I was not a nazi. Then the jews came for the Coinbase users, and I was...oh wait. You have been struck for 9999 damage by full screen zerohedge advertisement....cucks! I have to admit... of all the your posts I've read this may be the stupidest one ever. I'm proud to have trolled you into posting it.
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The good news is non-Bitcoins undeliverable in January are still above $17k ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Which is kind of dwarfed by the fact there's a double top off a parabolic rise. Since all this shit is nothing but scams, what happens is, if NOBODY shorts the double top, it crashes. If somebody shorts, they then try to squeeze the shorters. So market has no real fundamentals or price structure at all, just based on who can scam the hardest. True. 9 hours since the last ATH. Go home, boys. No good can come of this. Why oh why did I not listen to (that racist, paranoid, fucktard) r0ach when BTC wa sub 1k. I could have sold and held on to thousands of USD! Shit, I could have bought lots of gold! Why oh why did I not heed his wisdom?
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I mean on poloniex ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Were only 8% away from there. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Looks good for your wish. I need 390-400 range to get my new laptop out of a dust wallet. Let's get moving ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) $425 by the weekend is within range, but volume has been very low. Everyone was waiting for BTC Futures excitement? Not getting too excited until I see a volume spike. 425 this weekend? A big rise. Would be delighted to see it. Why do you see that as possible?
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I mean on poloniex ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Were only 8% away from there. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Looks good for your wish.
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single digits tomorrow
Damn. $9 bitcoin and I buy another 20,000. Wait, is that not what you meant?
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Barely more than 1MM people could own 20 corns. And in all reality far far far fewer will. Nothing to sneeze at.
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Remember kids: Futures whale traders that need more supply will gladly short bitcoin and pump the alts to entice you to part with your btc. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) That would make me part with my alts and buy bitcoin. Maybe I am not a kid? Not sure...
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Meanwhile, Bitcoin's upward trajectory is accelerating. If it continues to climb, XMR could hit 1k USD by February. If BTC crashes in December it could take another six to nine months.
I find it hard to imagine we don't have a painfully big contraction for crypto in the near (NEAR) future. But I am often wrong.
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