Who sold at the bottom? Jihan, Ver, or CSW?
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WAGESLAVES = buy bitcoin = financial independent = good sleep bad sleep, can't stop perusing over charts fixed Nope. HODLers don't care about charts!
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So, a "Plunge Protection Team" doesn't mean what you think it means?
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Bitfinex at 100$ BTC premium What is going on? Tether is trading at $0.98 USD. It’s a risk premium of dealing with Bitfinex. Thanks, crazy times ahead maybe? Actually this premium is quite reasonable. Bitfinex dollars are more valuable than Fed dollars! Bitfinex dollars can be instantly converted into bitcoins in contrast to Fed dollars that must overcome many bank-related obstacles till they're credited to your exchange account.
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Industry bellwether Bitcoin had seen its daily transaction volumes fall from an average of around 360,000 a day in late 2017 to just 230,000 in September 2018. Bitcoin market is flourishing and growing every day. Market is just moving out of regulated exchanges. Why? Because those exchanges are more and more regulated. Bitcoin is safe without government control. It can exist on markets without any government regulation!
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some ETF got denied delayed. not the important one that everyone some have hopes for.
Nobody in their right mind cares about ETFs for a simple reason. Bitcoin doesn't need ETFs. ETFs need Bitcoin.
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Encouraged by the IPO pump all Bitmain Cash trolls jumped out of their caves.
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win/win
Nope. If investors buy bitcoins with their IPO $$$ in just one year they'll have much more $$$ than buying Bitmain Cash with those same IPO $$$.
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Today Circle and the CENTRE open source consortium introduced a service to tokenize US dollars and use those dollars over public blockchains on the internet: USD//Coin, also known as USDC. Individuals and institutions can enroll in this service to deposit US dollars from bank accounts, convert those dollars into tokens usable everywhere the internet reaches (subject to the token’s compliance controls), and redeem USDC tokens and cash out to bank accounts.https://blog.circle.com/2018/09/26/introducing-usd-coin/$USDC (USD//Coin) added to Poloniex! Tether 2.0? Actually SWIFT 2.0 where banks customers don't know which bank do they use and which country are their deposits insured in.
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The question for me remains the following. Will the etherium outstrip bitcoin in terms of capitalization and price growth in the near future?
You're kidding!
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Full credit to Awemany. Just goes to show that not everyone involved in BCH is a criminal and fraudster.
Actually everyone involved in BCH is a criminal and fraudster. The bug was introduced in the code before Bitmain Cash fork took place. They revealed the bug because they couldn't exploit it in any other way.
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Bitmain and Bitfury are most likely to deploy many of their new ASICs on their own farms, and I believe their cost to produce is way less than the price they give to the public. I suspect that most large mining farms in China will be able to recoup their equipment cost in a few months, if that long.
Hmmm. And here I thought that the WO consensus was that Bitmain was circling the drain, and were destined to kill BCH in the process. Guess that must have been a premature call. Bitmain won't kill BCH. BCH will kill Bitmain.
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I’d rather see a panic dump towards $5,200 first so that it is absolutely clear that we’ve hit bottom. But life is not always fair. Far from that.
You're already panicking that there won't be such a dump.
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Volume yesterday was really low.
Get used to decreasing volume there. Bitcoin trading is slowly moving out of regulated bitcoin exchanges. Price on those exchanges is not indicative anymore as it is artificially suppressed by banks hindering transfers of fiat funds to exchanges.
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#Ethereum developers decided to reduce the Block reward to 2 ETH and delay the difficulty bomb during today's core dev call (EIP-1234). There was no clear commitment for an anti ASIC PoW change. What is your opinion regarding this decision? Aug 31, 2018 https://www.ethermine.org/Sweet, isn't it? Ethereum developers met and decided to reduce money supply. Next time they'll meet and decide to increase money supply. But how is that different to central bank meetings?
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I see no reason for the price to stay above $6k other than the fact that those with very deep pockets want it to stay that way.
The beauty of bitcoin is that bitcoin price doesn't depend on people with very deep $$$ pockets. It depends on people with very deep bitcoin pockets!
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When we reach that point, will there be enough 'native' demand for Bitcoin to avoid a true bear market (like, going convincingly below 200 MA on the daily, just like the other bear markets)?
People that believe in TA are stupid. They deserve their fate of being milked and slaughtered. Correct. There is nothing that can predict the future. There is, my friend! But the only correct way of predicting the future is to create it using your own hands and brains
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When we reach that point, will there be enough 'native' demand for Bitcoin to avoid a true bear market (like, going convincingly below 200 MA on the daily, just like the other bear markets)?
People that believe in TA are stupid. They deserve their fate of being milked and slaughtered.
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I am watching a tutorial to make a rope knot ... Well, I told ya not to sell your precious bitcoins for Bitmain Cash and other shitcoins!
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