So overall crypto market cap is rising, and Bitcoin's marketcap is also rising while alts are falling. Poor poor lil' alties. I guess that flippening coup d'etat just wasn't meant to be.
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You didn't have the guts to buy when it was 400. You don't have the guts to buy now. You won't have the guts to buy when it is $50k/btc. You won't have any guts to buy when it becomes the next major thing, just like the Internet and Social Media. Sorry that you don't have any guts.
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Yeah guys, Bitcoin is done. Kaput. Over. Finished. Never will it become popular and rise to unimaginable heights in the future. Listen to your world Financial Gurus, they know what is best for you.
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Wow, the same whale that pumped the market on 10/11 is now dumping? Whodda thunk it? 4900 incoming.
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Every time someone announces one of these YOLO moves, people have to come out of the woodwork and be FRWs (Financial Responsibility Warriors).
FFS, what nannies everyone has become. If it's not the world's Governments, Bankers, or Financial Gurus telling you what to do with your money (or how to spend it), it's your fkn fellow man. And typically it's unsolicited financial advice from the guy next to you that doesn't have a pot to piss in.
Just stop. Let people do what they want.
God forbid this family actually scores big time. Like poor miserable crabs in a bucket, everyone else wants to pull the escaping crab back in.
What a great idea, let's brainwash our fellow man and eliminate all big risk taking in our modern society, that way no one ever will.
Except, ya'know, the wealthy elite oligarchs of this world that control everything. They don't give a shit what other people think. They take big financial risks every single day, and reap the rewards and get richer, while Average Joe gets poorer and poorer because he doesn't take any risks. Ever.
And what about that guy that sold his house for bitcoin in 2013 and went all in? Who is laughing now?
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28K BTC were sold in bitfinex for the last 24 hours. This is nothing to do with bad news or the coming HF. At the same time the same amount was spent to pump BCH... The conclusions are clear. Rojer Ver and JihaD Wu are emptying their BTC holdings for the last pathetic attempt to hold the BTC. Btw BCH miners can't support the pumps since with EDA miners are always getting the same profit even if the price drops to 1$.
It's not always the usual suspects. The most serene republic has probably been dumping for days. May be. But I don't think anyone else but Ver and Wu pumped BCH. At least Ver decalred it openly in his twitter many times in the last days. Well let's just say that the BCH crew saw a fairly sizable sell order hit the books two nights ago when they were asleep at the wheel wash trading, and they panicked. In a completely fake market, it wouldn't take much. Don't ask me how I would know that. Or why I was LMAO yesterday.
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BCH has only 2 supporters - Jihan and Roger.
Either ignorant or a liar. Which whither? Oh silly us, that's right. There's 3 including yourself.
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It's possible they won't just trade their bch for btc, but perhaps other alt coins as well.
Either way though, I don't see any path for bch other than into the ground.
"Alas, poor Yorick..."
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btc crash tomfuddery https://twitter.com/DimaDubina/status/920258769564528640Somebody just: 1) Made 2 huge blocks filled with 150 mil $ 2) pumped Bcash, doubling its volume from 150 to 300 mil 3) Stopped mining BcashSo that nobody can transfer their Bcash to exchanges to dump this shit. Very clever! And fucked up. This is exactly what centralized crypto looks like Screenshot made at 14:58, 3 hours since last block@Whalebearbull 13m13 minutes ago And I was about to buy a fuckzillion antminers and they're only taking bcashSo they're like running the Fed and the Central Bank for BCash to keep it propped up? Hilarious.
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I think the bigger question is, when are we going to see an end to attempts to support all these constant bogus forks?
I know it's putting unneeded stress on their businesses. Perhaps if companies like Coinbase and the exchanges get tired of having to deal with all the forking and providing means to the coins for their customers, they will finally put an end to all this nonsense by stating "Any and all future forks that are contentiously launched, we are flat out just not going to support. Period."
I'm guessing it'll only take another round of this shit or maybe two before they finally throw in the towel.
Haha, as I predicted it is already starting. https://novaexchange.com/news/"We are NOT supporting any upcoming or future bitcoin forks. We are only running Bitcoin Core wallet and no other Bitcoin forks will be supported in the future"
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I guess we'll finally get to see if they really have "outsized demand" or not. One revision to the rulebook, though, that I'm not too keen on: https://ledgerx.com/wp-content/uploads/2017/09/9-19-17-LedgerX-40-6-Submission-Rulebook.pdf"Except as otherwise provided herein, Collateral must be and remain unencumbered. Each Participant posting collateral hereby grants to the Exchange a continuing first priority security interest in and lien on, lien on, right of setoff against and collateral assignment of all of such Participant’s right, title and interest in and to any property and collateral deposited with the Exchange by the Participant, whether now owned or existing or hereafter acquired or arising, ...."The bolded wording above was recently added to their rulebook. Doesn't the phrase "or hereafter acquired or arising" defeat the whole 'fully collateralized' backing notion, if the collateral has not been acquired yet? Am I reading that correctly? Seems like some funny legalese to me. I fear this wording could allow naked swap positions.
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How do you guys know these trezors and ledgers aren't getting intercepted in the mail and their guts stuffed with something else?
Well with the Trezor, I know from experience that the small box comes wrapped in tight cellophane, and then the box itself has several security tamper-proof seals. SatoshiLabs says to send the Trezor back if any of these have been compromised. They also made changes to their existing packaging as follows: - TREZOR logo does not say “TREZOR The Bitcoin Safe”, but “TREZOR” only the package is slightly bigger (100 x 100 x 13 mm)
- There is less text on the package
- Sticker with barcode, UPC code and product name is on every package
- In the instructions is written to go to trezor.io/start instead of mytrezor.com
- There are two holographic stickers in this batch (one on each side)
At least they're trying to help with security. I don't think there is much else they can do.
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So question, is BCH ever going to get pumped again? Wondering when I should jettison the rest.
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Dark matter and space-time are to humans like the ocean is to fish.... the fish aren't aware of the "substance" they swim in and thus have no way to discern it and separate it from their reality.
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I don't remember who said that the biggest threat to bitcoin is posed by the fact that many real devs are public figures. I think that's a major drawback. I am so much glad that Satoshi still keeps his/her/their identity hidden. Creating the most important threat to the financial 1% is not a prank.
It's only a problem for a crypto who dev team has an official "head" dev like Ethereum does. Or like BCH, lol. Bitcoin has 100+ voluntary developers. Many will come and go. Also keep in mind, Linus Torvalds is still kicking and he's had enemies within the state for decades.
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In retrospect I really wish I hadn't signed up here with my real email. Eh, what difference does it make when companies like Equifax get hacked?
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I suggest we dump Dimon talk until something interesting happens - like if he gets full board at taxpayers expense. There's another reason never to listen to what this guy says: https://en.wikipedia.org/wiki/Jamie_DimonHe majored in psychology and economics at Tufts University.
He majored in psychology
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Thank god she doesn't listen to her idiot father. I mean J-coin.... really? Also, he goes on saying that bitcoin is worthless, yet "Governments will someday crush it." So Mr. Dimon, why would they bother to try and crush it if it is worthless? And how exactly would they do that? And then he says this about fiat currencies: "And a central bank — of course they can misuse it. The central bank [can also] inflate it. So there is a use case for bitcoin." Yeah we know that you idiot, that's exactly why we like bitcoin!
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