Could directbet closure have so much influence to affect the price besides directbet always limited players on how much they could wager per bet? It could be a mere speculation as to why price few and most likely a correction was the reason for the fall but good news for us btc price is recovering again
The closure doesn't affect the price of BTC. What has the potential to make a difference is if directbet were holding 1,000+ btc and liquidated their holdings on the market. It would be similar to Bill Gates selling all his microsoft stock. Whenever a large holder sells en masse its accompanied by a massive price decrease. |
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It is possible for someone to crack the private keys to all 20 million bitcoins.
The nature of cryptography doesn't make this impossible.
It only makes it unfeasible in terms of time consumption.
You can crack all 20 million coins, but it will take you 10,000+ years to do it.
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Let's leave the blockchain alone and stop with this socialist propaganda.
What are we trying to do , getting back to victory gardens?
Growing organic crops in the backyards? With more than 55% of people living in urban areas ?
And how the hell do you even envision this decentralized food sector?
It's already pretty decentralized right now no need to complicate things furthermore.
Also loving the energy stuff. Good you have the ones with the panels producing energy.
How are you going to sell it?...ups power lines....transformers..more power lines...who is going to pay for this?
Who is going to maintain them?
The blockchain does a fantastic job for it's purpose , let's not pretend we have found the holly grail right now.
In the united states, a good portion of our food is shipped from foreign countries. Home grown food isn't subject to the high cost of petroleum shipping fees to ferry food supplies across oceans and land masses. One method may be for the state to cede portions of land to be communal farms managed by volunteers on a donation basis. No matter where someone is in the world, it is likely miles of powerline run from their residence to a power plant. A more decentralized format could have the advantage of doing away with that. Centralized formats in food markets and energy sectors are prone towards reducing competition and inflating prices with no incentive to innovate or fuel industry advancement. |
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The previous price fall happened a few days after https://directbet.eu/ announced they were closing. This led some to speculate the price decrease was due to Directbet.eu selling off their entire stock of btc creating a massive price fall. I haven't seen anything to specify another large btc holder selling crypto in bulk. Can't confirm it but it still may be the most likely scenario. |
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The quote in OP about acquiring bitcoin's "master key" reminds me of american politicians proposing a "kill switch" for the internet after globalists realized china had one. They also proposed a "great firewall" similar to the one china has.  They have no background in technology & have no clue what is or isn't possible. |
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Bubbles are caused by cheap credit. See US after dot com implosion - rates were lowered way too much for way too long. The advent of MBS's meant that loan originators didn't have to 'keep' the loans on their books anymore - they sold them on (for fees) to bigger institutions, who packaged them into MBS's (for fees) and sold them off. Not wanting to lose their fees (and bonuses), participants all the way up the line found ways to keep making / packaging / selling more and more loans to more and more borderline customers (who were either greedy, liars or duped).
The common sentiment was that housing could not crash nationwide as it had never done so before, and further, there were only a handful of people who actually understood how the housing bond market worked. Even CEO's of the biggest funds had no idea. They just knew packaging them up and selling them on was very very profitable.
Australia survived the 2008 meltdown, largely due to Chinese stimulus and demand for resources. However it did see an eventual drop in interest rates as global demand slowed in every sector apart from mining. Wage growth has gone nowhere even close to matching house price growth. Low wages hasn't led to less real estate being bought, it has seen people go into more and more debt (check out household debt to gdp stats). Credit is cheap and easy to get. The upswing in housing prices comes from record interest rate lows coupled with a stable job market (now ex perth, Darwin). Wages may not have gone up in years but the cost of servicing a loan has lowered (until recently) - even when you traded off low rates vs price increases.
The problem for Sydney now is that yields are well below inflation, so there is no logical reason to buy as an investor other than chasing capital gains. it is a mania, and has become so unaffordable that a large % of wages now go to mortgage debt. The result is that the retail sector is dying. Rents are high but demand is weak because most of it goes to paying off the banks.
If rates were to rise even 1%, around 20% of households would be screwed, in severe mortgage stress. Australia doesn't control the wholesale rate it pays for credit, that it mostly driven by the wholesale markets. On top of that, Australia's banks are heavily weighted towards residential mortgages, some have over 40% assets in interest only loans and property makes up nearly half of the banks assets. Its an accident waiting to happen. ................ Home loan standards are being reduced worldwide as a form of damage control to compensate for falling wages. Cheap credit isn't a primary cause, its a symptom of underlying issues involving growing wealth and wage inequality, a higher inefficient tax burden strangling economic growth and prosperity with increasingly restrictive regulations which strangle the livelihood of small businesses we rely upon to create jobs. |
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What do you think the governments can do to avoid this? Put a limit on houses per person? Your opinions?
Housing bubbles are caused by the average wage of poor to middle class income brackets declining over time. Lower wages lead to less homes and real estate being bought. This leads to the average value of real estate declining on reduced demand due to less consumers being able to afford them. It might be fair to say: housing bubbles are symptomatic of wealth inequality/wage inequality. All of the wage increases which were supposed to go to poor to middle income earners instead went to CEO's. This wealth and wage inequality weakens the economy and creates negative effects such as: housing bubbles. There are a few different perspectives to the housing issue. The media seldom covers any of the relevent ones. |
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Doo Ho Choi and Korean Zombie would be great additions to this card. Kyoji Horiguchi would be another good option if he hadn't left the UFC to compete in RIZIN. I wonder if chinese fighters training out of beijing have trouble finding good atmosphere and clean air to breath when they train MMA.
Bethe appears to be targeting the oldest fighters she can find on the roster. Bethe called out 39 year old Marion Reneau. Now Bethe is calling out 35 year old Holly Holm. Targeting the oldest women she can find, it would seem.
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Opening odds: Floyd Mayweather Jr: -1100 Conor McGregor: +700 As an MMA fan I am betting for Conor.
Its amazing what Conor has achieved in the short time he's been in the UFC. I don't mind it when Oscar De La Hoya calls Conor the MMA pound for pound #1 king, GOAT. |
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I think you are a bit confused if you think anyone can look like that. You must have no idea in fact. Overeem's physique on a massive 6'4'' on the last pic screams steroids usage... that or 1 in 1000000 genetics. Look at his delts, traps, massive arms, and look at his low bodyfat.
You can either be cut and have low bodyfat, or be massive but have higher bodyfat. When you see both at the same time, start being skeptic about his natural claims.
Have you ever seen a picture of Bruce Lee flexing his muscles with his shirt off? Do you think Bruce Lee used steroids & that someone could only have a body like Bruce Lee if they abused performance enhancing drugs? I tend to think that anyone could look like Bruce Lee did, without using PED's if they were willing to work as hard and be as disciplined as Bruce Lee was. The tendency people have to assume people don't have to work hard to have a good physique and that anyone who is shredded does PED's doesn't make much sense to me. I've known a lot of people that were shredded that never did steroids. Its bizarre to me how people think they can tell whether someone is using steroids or not simply by looking at someone. James Toney and Josh Barnett both tested positive for steroids. Neither of those guys is abnormally shredded or bulky. |
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An exchange like http://btc-e.com is probably the easiest with the lowest fees. I haven't traded on exchanges in years. It would probably be best to shop around and compare withdrawal rates and trade commissions. There are sites like http://shapeshift.io which exchange some alts exchanges do not support. Their fees and rate of exchange are not the greatest. In some cases converting alts might only yield 50% to 60% of what the amount you're trading is worth. Their minimums exchange amounts may also be too high for some smaller alt holders to consider. |
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Banking crisis is not merely the problem of the bank itself but also economic problem of the country. When the economic growth banking will be healthy too in case there are missmanagement in the bank industry. In Indonesia , government regulate to tax account owner who has more than 200 milion rupiah or the same as 15000 USD bank account. It is small amount of cash for businessman but the governmnet is in crisis so they make policy that not profit to bank customers. Banking policy is only following state policy. That's to bad for me Indonesian people so there are many people make multiple bank account and split their deposit.
In the united states, banks make state policy. When Chrysler and General Motors needed a bailout the state bailed them out under the condition that they conform to state mandates designed to change their business culture and reform the way they did business. When banks needed bailouts, Chris Dodd author of the TARP bill asked banks for what terms they wanted & the state agreed to every term and condition banks asked for. When Chrysler and GM asked for a bailout the state dictated terms. When banks asked for a bailout in 2008, banks dictated terms of the bailout to the state. If wikileaks are to be believed, George Soros and Rothschild bankers were scheduled to dictate america's domestic and economic policies had Hillary Clinton won the election. One might say part of it reflects a lack of separation between corporation and state. In past eras there were more checks and balances which prevented banks and the private sector from influencing politicians. Over time those protections have been dismantled and destroyed one by one to allow corporations and banks to more easily influence politics. |
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Is your wallet really in a safe place? These guys thought so too. Residents of this horrible London fire have already reported a HUGE bitcoin loss. 1,734 bitcoin on a paper cold wallet were destroyed today. Make certain you have smart backups. I doubt this news story is real. If they reported 1,734 bitcoin destroyed in a fire they wouldn't have insurance to cover it & the government would likely require them to pay taxes for it even if all of it was destroyed. Says the creepy guy with a clown in his avatar. Its not a clown. Its Charles Manson. |
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I'm not certain Game of Thrones ever end if they're already planning 3 or 4 spin off series.  I'm thinking of placing small bets on Daenerys and Jon Snow. The first book is titled "A Song of Fire and Ice". If Daenerys is fire, Jon Snow could be ice and George Martin could have given away the ending there. Unless Daenerys is fire and ice is meant to represent the Night King. In which case things could get freaky. Could Martin be so cruel as to do that to his fans? I don't know. |
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@bbc.reporter Yoel Romero might be old ,but let me ask you one things,how many 39 year old individuals do you know who looks trimmed and shaped like Romero with a drug testing policy with USADA and he is a big start in the amateur wrestling circuit and is considered as a legend by many people,these things are more than enough for people to favor Yoel Romero and by the way the kick landed by Romero was not a lucky punch,just check the fight carefully and how he planned that well and even in youtube someone made a video on how Romero was planning that with faints in earlier rounds.
I'm not certain about Yoel. A lot of MMA fighters overindulge in alcohol, do drugs & don't take care of their bodies. People who abuse their bodies that way would probably never look as good as Yoel does at age 39. Yoel could look good simply from clean living and taking care of himself. I got Shevchenko winning the main event. Excited for this one. |
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I've done ok with MMA in the past. My W/L record and win percentage used to be decent. Some UFC events I would literally double my money.  But to be honest, right now my W/L and percentage is terrible. I've been losing a lot. Lots of new faces and fighters who haven't fought in 2-3 years have been making things difficult. The skill divide also seems to be shrinking. Its coming down to who wants to win more, rather than who is more experienced or established. Things are getting harder. |
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Look at Overeem's progression over time:  He doesn't look natural at all on the final pics. Too heavy and too conditioned, can't be both at the same time without steroids. I just can't believe he was natural. His current physique looks like someone who lifts, but could be free of steroids, but who knows. I think anyone could look like Overeem if they quit their day job and were paid to lift weights, have healthy lifestyle habits and eat healthy food full time everyday on a consistent basis. There's nothing really out of the ordinary there. Everyone would look like that if everyone lifted weights full time with the goal of bulking up. Those bulky muscles Overeem had were good for kickboxing but bad for wrestling/grappling cardio in MMA. That's why Overeem slimmed down. Overeem couldn't last 3 rounds with those heavy muscles as his fight with Bigfoot Silva showed. After Overeem slimmed down he had no trouble lasting 3 rounds. A lot of other MMA fighters have undergone similar transformations where they needed to slim down and lose muscle mass to maintain cardio. |
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What are you thoughts on the bankers/gov potentially controlling Bitcoin behind the scenes putting on a show oh how they are concerned about it? Bankers and governments are anti competition. They would never introduce new ideas, concepts or paradigms in politics, finance or economics. US bankers and politicians would ban individual US states from passing gay marriage or legalizing marijuana if they could. Their role is preventing innovation and industry advancement in fields ranging from energy to healthcare. Centralized bankers and politicians are anti-progress. They would never approve a bitcoin ETF or anything that represents innovation or progress in finance which benefits the average person, much less support bitcoin or crypto which they will never approve unless they have control over it in a centralized format. |
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Spain has many problems. Its youth unemployment for 19-24 age bracket has hovered around 50% for years.
The issue with banks is they gamble with derivatives which is not unlike betting on sports.
Sometimes, banks bet big on derivatives & lose as US banks lost prior to the economic crisis of 2008.
When banks lose & become insolvent they drag the economy of the country they operate in down with them.
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Goldman Sachs and the SEC are the same thing. Expect Goldman Sachs to echo the SEC's push for crypto centralization and regulation with generous amounts of political spin applied to convince the public they're safer staying in fiat because bitcoin is a "bubble". |
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