I totally support this guy. Scientists have become cowards. Everything here was voluntary, and the possible benefits are enormous. While the entire rest of the world is doing unending long-term studies on incremental bits & pieces which even in the best case might show marginal benefits after many years, this guy took one giant leap for mankind. We need more mad scientists in the world... The poll doesn't have a no-regulation option. I'm all for it without regulation. I hope that eventually at-home genetic modification becomes as common as 3D printing today, and the fact that this apparently "rogue" scientist was able to pull it off gives me a lot of hope in that area. If only governments end up able to do this sort of thing, then I'm nearly certain that eg. China will pursue genetic modification aimed at making people more docile; we need bottom-up countermeasures. I sometimes wish that I had gotten into genetic engineering as a field rather than computers. It'll probably be the next massive technological revolution. It could be the beginning of a super-human race that will replace homo-sapiens Why is that a bad thing? If my son is twice as smart and twice as strong as me, that'll be a very good thing. Agreed. People often have an irrational conservative bias when it comes to this stuff. If a race of super-humans is created, then they should dominate most things (based on their increased merit, not automatically). And it's not like there's eugenics against stupid/sub-optimal people today, so I'm not worried about some non-modified-genocide situation. I think that many of these modifications will eventually be possible on adults, too, though, delivered via injectable viruses.
soon my mind was filled with one thought, one conception, one purpose. So much has been done, exclaimed the soul of Frankenstein—more, far more, will I achieve; treading in the steps already marked, I will pioneer a new way, explore unknown powers, and unfold to the world the deepest mysteries of creation. genome based bio weapons gonna be fun
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Looks like mining remains profitable for well-run enterprises. From the article: At the moment, Northern Bitcoin has 15 containers with 210 mining machines each. The 15 containers produce around 5 bitcoin per day at a total cost of around $2,500 dollars at the end of November 2018 and after the difficulty of solving the math problems went down by ~17 percent.Taking that number with a grain of salt without any other info except .05$ per kwh.
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Edit.
There might be an inverted H&S forming on 1D.
Crossing fingers.
Not even halfway, way too early. One shoulder does not make a neckline. Thus i said might and crossing fingers. Really hope for a bounce else it just looks like we are totaly rekt. @rolling Or you just go with the trend
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Mostly it makes sense to me that the various East and SE Asian countries who are threatened by mainland China band together into a mutual defense pact which 1) specifically labels China as a threat...fairly obviously they are given their claims on the South 'China' sea..., and 2) pointedly does NOT have any reliance or relationship with the United States in particular. They should jointly develop, share, and control any and all defensive retaliatory capabilities necessary.
I dont think that is possible anymore in view of the chinese military and economic power, additionaly to the fact that russia is on their side. Imho the US should start something similar like OBOR to bind asia, africa and east europe to the west. China already has a huge headstart in this regard and needs to be stopped with all might - else the next generation or the generation after will grow up with a global social credit system.
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Anyone have a chart comparing 2014 bear market difficulty to present day?
That's a hard chart to make meaningful. Different hardware availability, different hardware profitability, and different scales of mining companies. Too many variables really. Anecdotally though, as a former miner from back then, I think this crash is a little bit deeper for miners (evidenced by the decreasing hash rate). I was mining back then and I was profitable until the second half of 2015 at which point I was mining at about break even for "electricity only" with $250 BTC. I was losing money on the facility costs and made no money for my time invested. The operations now days are much larger with much larger fixed costs for facilities, loans and employees. $6000 was probably break even for them with the difficulty of a month ago. Now, difficulty is down ~20% and prices are down ~40%. Every miner in the world is likely losing money now if they sell mining proceeds daily. Very few miners do that though. As a miner, you are a trader by default. Just like a farmer, you store your crops if you can and wait for the best time to sell. The longer these prices remain, the more miners will file for bankruptcy or sell their stash to cover basic necessities such as electricity and payroll. With enough bankrupt miners, the difficulty should theoretically drop another 20% while prices stay ~$3500 to balance things out. EDIT: The point though is that we are in the second half of 2015 if you are using mining difficulty/profitability as an indicator and comparing the last bear market to this one. now the miners are shorting too. https://news.bitcoin.com/chinese-miners-short-btc-markets-to-hedge-against-falling-prices/Last time i checked even my parents were shorting BTC... Shorts are big since the drop from 6k. Edit. There might be an inverted H&S forming on 1D. Crossing fingers.
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the recovery will take a long time not because of some imaginary market cycle or definitely not because sometime in the past the same trend lasted X number of days.
it will take a long time because of the incidents of last month which led to an unexpected crash of the price that led to fear and lack of confidence and for that come come back it takes time. we also have accumulation to account for which needs a long time.
in other words if the manipulation of last month didn't happen, price would have already been on the rise and the downtrend would have ended.
Makes me thing we are still in denial and far away from the bottom lol
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Yup its bitmex, look at the volume. They made 18k btc for their insurance fund in 6 months?
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looking at BTC chart from the drop in late 2013-2014 the market lost volatility and remained in a sort of "stand-by" mode for roughly a whole year (300 days). because there were not many things to drive a big price increase, things like: - japan accepting bitcoin - bitcoin cash hard fork (free coins) - Then had news from South Korea - launch of bitcoin futures When CME futures were launched, it actually triggered a big decrease in price. BTC never recovered. And look what happened with the recent BCH hard fork. Free coins, right? Both coins combined are worth much less than the original BCH, and the entire market has crashed. That's a stark contrast to the "hard fork = free coins = everything pumps" mentality of 2017. It just goes to show you: good news doesn't mean rising price. In a bear market, good news doesn't matter at all. Nobody cares, everybody sells. I dont buy the CME story - just compare their volume to bitmex lol
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Was haltet ihr von dieser Theorie, dass Bitmex Shorter, dadurch dass in BTC gesettled werden sehr viel Verkaufdruck durch Gewinne auf Spot Börsen erzeugen können? Bitmex hat ja immerhin das größte Volumen und könnte durchaus mittlerweile den Preis bestimmen. Das habe ich mich schon immer gefragt, ob man nicht einfach als Gruppe eine große Position auf Bitmex eingehen kann und dann mit weniger Geld den Kurs auf den Index Börsen in die eigene Richtung drücken kann. Kann natürlich in beide Richtungen gehen, aber da Shorten durch BTC settlement klar im Vorteil ist, kann das natürlich so noch besser funktionieren? https://www.reddit.com/r/BitcoinMarkets/comments/a42ndz/bitmex_btc_settled_futures_is_killing_the_btc/Das ist keine theorie - wird im großen Stil betrieben
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well that bounce was shortlived
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Re orderbook:
Agree, but how real are that buy walls?
Could be cancled quite quick to orchestrate a dump sub 3k.
(Being quite active on coinbase for a while, and the market maker there does that a lot of times)
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When squeeze ? 3200 yah man I was just playing.. I see it somewhere between here - $3200 / 200 weekly MA and $2800 for maximum pain. Squeeze the longs then squeeze the shorts This dude is cleaning the table and eating our lunch! Shorts are at ATH on finex. Btw. Isnt that funny that arthur is probaly the best earning person in crypto roach?
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When squeeze ? 3200
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Oh also, BTC YTD: -74,5%
The BTC YTD from the bottom of the last rally (14.01.15) was: -77%
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Im smelling some panic
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Shorts now at prior ATH
Prices are down, that means in fiat value we are still below last ath.
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What is dead may never die boys
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bin mal gespannt, ob die die psychomarke von unter 3000$ und eine marktkap von unter 100 mrd. (also nur noch 2 stellig) noch testen werden, in den nächsten tagen. ich weiß nicht, in wieweit die futures einfluß haben. da die zielpreise ja höher liegen, müßte es ende nächster woche wieder richtung 3900 hoch gehen.
Futures sind eine wette auf die preisentwicklung. Ansich hat es keinen Einfluss auf dem spot preis von BTC, aber wale könnten futures kaufen (short/long) und dann den spot preis auf exchanges dumpen oder pumpen, damit ihre future positionen profitabel sind.
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Something positive:
Indicators say its quite oversold so chance of a bounce is there
A bounce doesn’t mean shit if its followed by a drop Steady up trend is what we need Smooth step by step moon by moon That was for the people who didnt sell yet or want to short My target is 3k (for now)
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