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5621  Bitcoin / Bitcoin Discussion / Re: Musk Tweet, Crypto Manipulation on: January 12, 2020, 02:46:03 AM
currently the president of china and the US has great power to influence the price with his words.
Yeah, it's amazing what Twitter has done as far as politics is concerned.  I'm not so sure it's a good thing at all, to be honest but all this technology that's developed ever since the internet started to mature has made things much different than they used to be.

As far as Musk's tweet is concerned, people are reacting to it like slobbering idiots.  The tweet is essentially a non-statement about bitcoin, and I'm not sure it's a statement about anything--the word "bitcoin" just happened to be in it.

having an instant conduit from his mind to a global audience must've cost tens of millions in legal ball ache by now.
For some folks, having that instant conduit isn't a good thing, not for them, not for anyone.  I've never used Twitter since I generally don't care what people are thinking from minute to minute and from what I've seen most tweets are just stupid nonsense.  It's also amazing how news stories these days always include tweets from people.  What a world.
5622  Bitcoin / Bitcoin Discussion / Re: Tesla boy does it again! on: January 11, 2020, 06:17:20 PM
Holy crap these crypto "news sites" really need to freakin calm down. Do they actually think that tweet was actually worth writing about?
I agree, and I wrote pretty much the same thing in another thread about this tweet.  This is the main reason why I don't visit any of these crypto news sites.  Their standards of journalism are questionable at best, and who knows what their credentials are.

This tweet of Elon Musk's is confusing at best, and I'm not sure why it's such a big deal.  It's not really a statement about bitcoin at all and probably reveals more about his sex life than anything else.

I agree that it's probably nothing, but I don't understand why the mods (supposedly it was them) deleted the thread someone started yesterday to discuss this...
Ah, maybe that's why I had a post deleted.  I was wondering about that--I didn't get a PM so I figured it must have been a thread I'd posted in that got nuked.
5623  Economy / Speculation / Re: Dont let them fool you. We will see a NEW BOTTOM. $5000 per BTC soon. on: January 11, 2020, 06:05:54 PM
If you entered the crypto space in the last 2 years, I am pretty sure you know what I am talking about.

Being a HODLER probable means right now a big bag altcoins portfolio with over a 90% loss.
I would agree that if you were to have bought bitcoin in 2017 you're still sitting on a loss, but you ought to know that whether you make a profit or not all depends on when you got in the market.  If you'd bought bitcoin at the beginning of 2019?  You'd have more than doubled your money--so your point is what, again?

I have been working for an exchange the last months, and I am really worried after seeing so many newcommers bullish on BTC's halving, that enter our telegram group.
Yeah, I can believe that.  I'm not exactly sure what to think of these halvenings, but I've always thought markets are way more efficient than this.  If you could predictably make an enormous profit just by buying bitcoin before a halving, it would be akin to being able to print money.  My spidey senses tingle when people think it's that easy, and it could be that these newcomers are responsible for driving up the price recently.  Who knows.
5624  Other / Meta / Re: [POLL] Surely it's high-time for UID "Bitcoin SV" to be nuked? on: January 11, 2020, 05:37:24 PM
I absolutely don't agree with deleting posts or banning users because we don't like what they say.
Same here, and honestly I haven't even been following what this Bitcoin SV guy is doing.  I would agree that if there's a ban evasion involved, that would be grounds for a permaban but other than that I'd prefer not to see members banned for run of the mill shenanigans.  DT members and everyone else can take care of that in a jiffy.  

Lots of members have abused the trust system, and it's never been moderated and nobody ever gets punished for doing it.  That's just the way it is, and though I certainly don't like to see members spamming people's trust pages, I'd like it even less if staff got involved in matters of trust.  

Nuke, and post his email here so we can all sign him up for bukkake party invites
LOL.  I think I'd get flamed if I merited this post, so I'm going to refrain from doing so.
5625  Economy / Speculation / Re: The Bitcoin market cycle is the same as a Wall St. stock market cycle on: January 11, 2020, 04:26:08 PM
Short period Bitcoin chart compared to the whole chart of stock market?

I would like to think this is just a coincidence.
No, OP is right--the data he showed looks just like a single cycle, and I've thought about this sort of thing before and I agree that pretty much all markets in which there is enough liquidity behave in a similar fashion.  I definitely think there's enough liquidity to bitcoin's market, and its history does seem to support what OP is saying. 

The takeaway message for me is that you need to buy when everyone is feeling pessimistic, which would probably describe the general mood for the past few months.  And although I haven't exactly been buying large amounts of bitcoin, I have been accumulating it in anticipation of another upswing.  I'd read enough gloom-and-doom threads on the forum to know that it was probably a good time to be buying and holding bitcoin, and I hope I made the right call. 
5626  Economy / Speculation / Re: My opinion about the price movement of BTC on: January 11, 2020, 03:02:26 PM
But we should always look at the chart more globally. and if we look at global goals, then for me they look like this:
8770-9050
<snip>
there is still a very high chance that the price will return back below 7 thousand dollars.
So basically anything can happen, which we already knew.  Lol.  This is why I can't stand TA.

And I'm not so sure this is the start of anything resembling an upward movement in price with some momentum behind it.  True, bitcoin has seen some nice gains and has held onto them for a few days, but that really doesn't mean much.  You know as well as I do that bitcoin is inherently volatile and people can sometimes mistake that volatility for a pattern or a trend.  But I'm hoping I'm wrong and that you're right about the $8770-9050 marks, and that bitcoin hits those within a month or so.
5627  Bitcoin / Bitcoin Discussion / Re: Do you go to blockchain/crypto events? on: January 10, 2020, 05:24:33 PM
No, I've never attended anything like this, though I would be interested in doing so if there was an event that was reasonably close to me.  The main problem I'd have is that I don't know anyone in real life who's interested in bitcoin, and I sure as hell wouldn't want to go to a big gathering by myself.  It would be so much better to have a buddy tagging along, someone who'd be interested in a bunch of crypto nerds congregating in an enclosed space.  That's not for everyone.

Maybe I'll meet someone from this forum face-to-face eventually, but I don't think I know of anyone who's from my state.  Anyway right now I don't think I'm missing out on much by not going to conventions or whatever they're called.
5628  Economy / Exchanges / Re: Another Big Crypto Exchange Shuts Down! Do You Have Coins There? on: January 10, 2020, 03:16:24 PM
Yeah, they just happen to be making their own decision to shut down and in the process are locking up their customers' funds for a month.  Right, that sounds legit.

This looks to be an obvious exit scam, and that month of lockdown is just a stalling tactic which reminds me of other exit scams where exchanges ran away with everyone's coins.   Unbelievable.  No, actually it's quite believable--but hopefully people were smart enough to not hold their coins on Cobinhood, though I'm sure some weren't and Cobinhood knew that.

It'll be interesting to see what happens in any event.
5629  Economy / Speculation / Re: Bitcoin going for $8.570 following recent information on: January 09, 2020, 04:44:29 PM
I can't say I understand this S2F metric, so I can't exactly criticize it with logic, but it seems to me that it's just another model that TA people are using to predict the future based on past prices.  I guess it remains to be seen whether it works or not, but I'm going to remain skeptical about it.  To me it's just a rah-rah, go-bitcoin-to-the-moon metric that quite a few people seem to be putting their faith into, because I've seen it mentioned in a lot of posts on the forum.

And look what happened with bitcoin since OP started this thread.  It's back below $8k, and while that could just be a temporary thing it might not be.  Markets have a way of seriously defying any models humans can come up with, and there isn't one yet that's a foolproof way of predicting future prices.

making it difficult for us to guess accurately.
Guesses are just that--guesses.  Sometimes they're accurate, sometimes not. 
5630  Other / Meta / Re: JollyGood: an amazing journey becoming Hero member rank on 1st January 2020 on: January 09, 2020, 04:34:12 PM
Of course, don't forget, give lots of merits, make legendary, and then sign the chipmixer. whose multi account, who knows?
Since you're in a signature campaign, the only reason you would have to criticize someone in the Chipmixer one is jealousy, and it shows.  As far as the "multi account" comment goes, I don't quite understand what you're getting at.  I'd ask you to clarify this but I have a feeling your response would be just as incoherent as your original comment.

I'm not going to engage in any drama in this thread, so I'll just say this in closing: if you don't like bitcointalk and have problems with members here, why don't you take your circus act over to cryptotalk.org, because I hear it's so much better.
5631  Bitcoin / Bitcoin Discussion / Re: WARNING - Coinomi Wallet CRITICAL Vulnerability Made Me Lose My Life Savings on: January 09, 2020, 04:15:05 PM
But in this case the likelihood of this particular loss being a common or garden PC hijack is infinitely higher than what is OP claiming.
I've been reading this thread in horror, and my understanding is that it's not clear exactly how OP lost his coins.  You seem to be saying it was an attack on his PC rather than some insider at Google, right?  And here I have to profess severe ignorance as to technical matters, but are you saying that even software wallets like Electrum aren't secure on PCs?

And yeah, I agree with the other folks who are recommending hardware wallets, which would have been an infinitely better choice for storing altcoins than Coinomi--but bringing that up doesn't help OP in any way and I'm sure he knows it now.  This really sucks for him, and even though the hack happened a while back it's got to still sting.
5632  Other / Meta / Re: JollyGood: an amazing journey becoming Hero member rank on 1st January 2020 on: January 09, 2020, 04:01:59 PM
I'm late in commenting here, but I did give JollyGood some merits for his post, which was very good.  I'll have to check his post history from time to time to see what other posts I can merit, because I think he ought to get up to Legendary as soon as he can.  So congrats on getting to Hero, OP.  It's not easy these days to achieve the higher ranks, so it's an accomplishment.

against all the retaliatory and defamatory feedback you received.
Huh.  I don't recall JollyGood being in the center of any drama, but I could have missed it or forgotten.  I'll have to take a peek at his trust page.

DT members, please do support him.
And merit sources, too.  As I said, I'll see what I can do to help out here.
5633  Economy / Economics / Re: Iran/US tension's effect on crypto and economy ? on: January 09, 2020, 02:40:59 PM
There will no big war between Iran and USA, that is for sure. USA is in no position to take the risk for another big war in the Middle East.
You do realize who the president of the US is, right?  Right now he apparently thinks he's all-powerful royalty and that there aren't any checks and balances of his power, so who knows what he might do without getting permission to do it?  He just swatted a hornet's nest, and it remains to be seen what Iran does--though they would be stupid to escalate this situation IMO. 

I'm really tired of Trump.  I never wanted him as POTUS, but I thought his presidency was going better than I thought it was up until this thing with the Iranians, which I'm absolutely certain is a smokescreen to draw attention away from his impeachment.  And now it's clear he has no idea what he's doing.

But as far as the effect of all this on crypto, I don't have a clue.  Bitcoin jumped and then fell, but it tends to do that without any big world news, so it could just be a coincidence.  Oil prices rising makes sense, but I would also expect gold & silver to rise if investors really thought we were in trouble, but they haven't moved much.  Anyway, I'm hoping this isn't the start of a war in the middle east.  Nobody needs that.
5634  Economy / Economics / Re: Best Stocks to buy this year? on: January 09, 2020, 02:22:33 PM
Why does no one include Pfizer in their portfolio? Literally the only company to be assured to never go bankrupt lol
Maybe not bankrupt, but they were in some trouble about 12 years ago and had to slash their dividend and sold off some of their divisions--OTC and veterinary medications if I remember correctly.  But I would generally agree that they're a good company and their dividend is back to being fairly high.  Pharma stocks are some of my favorites.

I've been out of the stock market for a while now, so I'm not up on what the hot stocks are these days.  The Tesla recommendation a few posts above sounds interesting, though I wonder if their cars are going to catch on.  They're kind of a cool company and one that accepts bitcoin if I'm not mistaken.

I'd stay away from social media stocks, but to each his own.  I think the only one that actually makes a profit is Facebook, whereas the rest of them remind me of the internet stocks of the 90s that had no hope of ever making a dime.
5635  Bitcoin / Bitcoin Discussion / Re: Bitcoin & Centralization on: January 09, 2020, 02:13:15 PM
People having a lot more bitcoin than most of us =/= centralization
That's exactly what I'm thinking.  Ownership doesn't come into the equation when you're talking about decentralization--with bitcoin, it means that many miners are responsible for creation of coins and maintenance of the blockchain.  None of that depends on banks or governments.  That's my understanding anyway.  Bitcoin is as decentralized as a currency can get, even if its price (which is a separate issue) could be manipulated by whales.

Yeah, these whales do manipulate the price. But not always.
That's what a lot of people say, anyway.  But nobody can ever point to exactly who these whales are or what the manipulation is.  It almost gets into tinfoil hat territory IMO when people start ranting about those whales.
5636  Economy / Reputation / Re: Guilty until proven innocent on: January 09, 2020, 08:28:48 AM
Unless OP tells us exactly what he's really talking about, this thread is useless.  Obviously he's got a beef with one or more members who probably tagged his main account or something like that, but he's going about this the wrong way.

What kind of accusation are you talking about, OP?  Is it from a DT member, is it even from someone on this forum?  You really have to give more details if you expect intelligent responses.  But in general, anyone here can accuse anyone of anything.  But unless the evidence is convincing, people won't pay any attention to it. 

Is the burden on the accuser?
Yes, the burden is on the accuser.  Again, I'd like to know why exactly you're asking this.
5637  Economy / Economics / Re: World Economy and war situation and crypto on: January 09, 2020, 08:03:19 AM
iran will move his assets into cryptocurrrency.
Why in the world would that happen?  I don't think this situation is causing Iran's currency any trouble, so there's no need for Iranians to shift their assets to cryptocurrency. 

This is kind of a hot topic lately, and I'm really not sure what effect this tension is having on bitcoin, if any.  The timing of bitcoin's jump and subsequent drop seems to correlate with Trump's statements, but that could be sheer coincidence.  If anything I would expect the price of gold and silver to react more strongly, but that hasn't really been the case.  They're both up a little bit, but nowhere near as much as might happen if we really were headed toward a huge conflict.

And believe me, I'm hoping this situation gets resolved without any more bloodshed.  I don't know what the hell Trump is thinking, but this is getting to be close to what I'd feared would happen if he was given the power to call airstrikes and had the nuclear codes.  I guess impending impeachment can wreak havoc on your head.
5638  Economy / Speculation / Re: The Trend for 2020. on: January 09, 2020, 06:37:06 AM
Because for sure, if we dumped below $6,000, there's a huge possibility that we will fall again below $4,000 and we will see again the bottom around $3,000.
If my grandmother had wheels, she'd be a bicycle.  If, if, if. 

But do you think fellas, it is healthy for the Bitcoin to pump up to new all-time high before the block halving happens?
Healthy?  No.  If bitcoin got above $20k before May, I think that would be too fast of a rise and it would not be sustainable.  It would probably crash just like it did in 2017, and I'm not anxious to see that happen again.  When bitcoin crashes, there are a lot of people who apparently get scared and lose faith in it, and I'm not sure that many of them would ever come back.  If bitcoin can maintain it's price around $8k, I'd be more than satisfied with that.  $10k would be golden, but I'm not hoping to see that level hit until at least the end of the year.
5639  Economy / Speculation / Re: Trump's iran War Pump in BTC Price. Will it last? Poll. on: January 09, 2020, 06:19:15 AM
Or is this simply a pre-cursor to the halving pump coming and this price will be maintained and go yet higher?
I think that's the most likely reason, but who's to say?  There's no reason why bitcoin's price should go up right now because of the upcoming halving, and it's never really clear how bitcoin reacts to world events like wars and such. 

Bitcoin was above $8k just a few months ago, so it's not like this is a huge deal right now.  Yes, it's up relative to where it's been since November but it's still a hell of a long ways away from its ATH.  I also happen to think that this Trump-Iran thing might have had an effect, but I'm not completely sure about it and it also looks like the situation might be de-escalating somewhat. 

I think it's going to be an interesting year for bitcoin, I'll say that.
5640  Economy / Speculation / Re: $9k next week on: January 09, 2020, 04:01:57 AM
I'd be perfectly happy if it just stayed in the 8000s rest of this month and didn't fall back to 7000s.
I think I wrote nearly the exact same words in another post--but in any case, I agree with you 100%. 

And it's funny how when we get a little bump, members start cranking out the bullish predictions like OP did.  I guess it did look like bitcoin was headed for $9k within a short time frame, but now that it dropped back below $8k things aren't looking as rosy.  Probably for the best, too, since if the price rises too high, too fast then it becomes unsustainable and is prone to crash. 

Anyway, where bitcoin is at the moment is better than $6700 and I'll take it.  If it stays around $8k for a while, I have no problem with that whatsoever.
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