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5801  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The Bitcoin Flippening on: January 02, 2019, 06:16:13 PM
That's probably when I lose hope in the people in the cryptocurrency space.

XRP is not a cryptocurrency and fuck knows how it managed to sneak in in the first place.

If there was a usurping BTC would still be the prime option for what it was designed to do. Bots and pumpers won't change that.
5802  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2019, 11:26:26 AM
CFTC Approves
Bakkt also got its CFTC clearance today and that is a great progress for the company and the future of the Bakkt Exchange.

https://medium.com/itsblockchain/ice-announces-bakkt-partners-457d191cf4da

That is the one and only place I've seen approval mentioned.
5803  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2019, 02:19:55 AM
Think about first AI chess playing machines vs AlphaZero
Stupidity/raw computation vs incredible incomprehensible genius level.

That will come and they would become irresistible to poor schmucks, like a "girl" in "Ex machina".
They would know what "buttons" to push.
It is inevitable, although by 2030 I probably won't even care.

If it was executed well enough I'm sure many people would choose them over the utter horror of the average relationship. It still feels a little bit like jet packs and flying cars to me. They're always going to be just slightly over the horizon. At the same time it feels a tad inevitable too considering how warped we're all becoming.

5804  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2019, 01:40:54 AM
good one!

well, roomba self-cleans now, so maybe your ouporings would be put to good use somehow, lol.

Every phrase I can associate with the idea - self cleaning, rechargeable, Amazon - used acceptable, 2 year warranty, realistic gag reflex, pleading mode, barely legal pack, carry case - is a stake through the heart of my desire.
5805  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2019, 01:30:08 AM
Guess a year where sex with a sex-robot will feel the same (or better) than sex with a female?

When we ourselves are robots, or brains in jars having our pleasure centres tickled.

I could not imagine warming up some dead eyed object and then forgetting that I filled it with my filthy outpourings the previous week. Whatever boner I could muster these days would rapidly disappear again.
5806  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2019, 12:38:30 AM
what's all this happy fucking new year bullshit?!?

Sheesh.

Someone didn't get the Barbie show jumping set they asked for for Xmas this year.
5807  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2019, 08:30:55 PM
I see you guys are extremely ARMCHAIR picky. I bet you are not the same IRL.

I am.

I've said no to rather more action than I've said yes to and nearly got duffed up several times because of it. And I wish I hadn't said yes most of the times I did.
5808  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2019, 05:47:46 PM
Remember when there were zany pumps all of the time, I has thought we may have seen the last of insane P&D alt runs

This is one of the things that intrigues me most about this year. If BTC goes to sleep, will people turn to alts?

The difference between now and 2015/16 when that was at its peak is that alts subsequently had their moment and delivered fuck all with knobs on. Then again that's probably not going to turn anyone off.
5809  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2019, 05:30:33 PM
Coin Market Cap certainly doesn’t do themselves any favors listing that nonsense.

Cryptoland is not doing itself any favours using one website, with whatever quirks, grudges and laziness it develops, as the go to reference.
5810  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2019, 05:21:17 PM
Also on another note of zanyness ... have you guys seen Pragon on coinmarketcap? lol  Cheesy Cheesy

https://coinmarketcap.com/currencies/paragon/

 

[Do not go anywhere near that scam, The SEC have ordered all funds from that ICO to be returned. https://www.sec.gov/litigation/admin/2018/33-10574.pdf ]


Lol yeah, funnily enough if I see something that has shot up 6000% my first instinct is not to buy it.. short it maybe but not buy it

(my second thought is  some yobit shit coiner is currently having a very happy new year)   

https://youtu.be/K3tqvJRNWDY

As almost always, you can't deposit it.
5811  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2019, 04:00:51 PM
Is it only me or does it feel like this whole proof of keys moment does not have much traction (yet)  

I've only heard of it this year though it looks like it's been a thing for a while. I expect it'll be something that grows over the years as more become aware of it. This year will probably be a bit of a nothing but it may eventually replace Christmas as the world's number one public holiday.
5812  Economy / Trading Discussion / Re: List Exchanges Hacked 2011/2018 on: January 01, 2019, 03:54:32 PM
Look like Binance is the safest exchange which is unhacked till date but the threat of hacking possess for all the exchanges Bittrex and Binance are safe with no hack threats

Binance is less than two years old. People know effectively nothing about how it's run or its procedures. Just because it's big, does not make it 'good' or trustworthy. Act accordingly.
5813  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2019, 02:05:04 AM
Perhaps, shorting the pound would be a better route/higher leverage.
I guess, you can short EWU in the states.

Indeed. Many of the biggest companies listed on the FTSE have only a fraction of their business actually in the UK. The pound is where things will take the hardest and most immediate hit.
5814  Economy / Speculation / Re: Will Bitcoin Price Continue To Fall In 2019? (Sharing my thoughts) on: January 01, 2019, 01:51:38 AM
The point is that it would become uninvestable asset for many.
Would I still hold?
Probably, but the argument that btc decreases volatility as it matures would be lost then and there.

I think we're still a long, long way from attracting a large number of people with an investment/hedging mindset. Most are still gamblers. Many will be crucified along the way. They won't be remembered in the long run.
5815  Economy / Speculation / Re: Will Bitcoin Price Continue To Fall In 2019? (Sharing my thoughts) on: January 01, 2019, 01:26:57 AM
If bitcoin goes down below $2800 for more than a very short time, it would mean that it declined more than during the previous "bubble".
This would basically make bitcoin uninvestable as far as assets go.
Who would want to invest long in something where there is no serious "bottom" value that you could rely upon?

I am very much pro-bitcoin, but I would have to reconsider my understanding of btc value from that point on.

That feels like a really weird attitude to me.

Bitcoin don't give a shit who invests in it. No one can rely on anything in terms of its value or behaviour.

Anyone who goes into it expecting their expectations to be fulfilled may well wind up having a bad time. Prepare accordingly. There are too many weirdnesses, unknowables and the emotions of people coming and going to be able to count on anything.
5816  Economy / Speculation / Re: It's incredibly hard to sell when you are in a profit position, because of greed on: December 31, 2018, 09:41:39 PM
Great post!

In a similar situation myself. Started buying at around $600 as we were on the way down from Mt Gox high. Not going to go into figures but I lost ‘A LOT’ of unbanked profits on the way from $500 - $600 to $19,xxx by not selling.

I didn’t sell any of my bitcoin’s, I have the same amount now as I HODLED at the ATH but you can appreciate how much of a shock it was falling from $19,xxx to $3,xxx

I’m sure as hell selling nothing in this price range but after the next halving, maybe mid 2021 we’ll probably go on another epic bull run.

I won’t miss out on life changing profits next time Wink

I can't say I was shocked by the fall. As soon as a pal of mine called me out of nowhere asking for permission to buy XRP at $3 I knew the writing was on the wall. I'm shocked by how similar it's been to last time so far. Originally I wasn't going to budge a penny until 2020 but I didn't expect the magnitude of 2017 and I hadn't really planned for it. 

It's very, very easy to have a super high figure lodge in your mind and forget how little time it actually spent there. Hardly anyone would've achieved those peak sells. Exchanges were also so seized up at the peak that you might have had repeated failures attempting to get rid.

My ideal scenario is that my preplanned figures are reached on a very sluggish rise long before it goes nuts again.
5817  Bitcoin / Bitcoin Discussion / Re: Vote for Bitcoin Drama Queen of 2018 on: December 31, 2018, 08:39:06 PM
Seems like Nouriel Roubini won? Didn't see that coming.

That was a very sensible addition.

I cannot think of anyone else so shrill, mindless and immune to reason. It does not reflect well on him. Be sceptical by all means. Back it up with some points that cannot be unravelled in a couple of seconds.

It was the standard of reasoning you'd expect from a toddler, not a fully grown person of influence.

He reminds me of this - http://www.youtube.com/watch?v=DhCZLa5rbL4&t=26m54s
5818  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think altcoins will be used for in the future. on: December 31, 2018, 08:30:44 PM
In future alts will be used for the exact same reason they're 'used' today - to get more dollars.

People say 'there's no way there can be more alts'. I think it's only just started to get warmed up. There'll be so many shitcoins peddling shit that it'll make our heads spin. You'll need a staff of thousands to keep you informed.

Soon enough there'll be a two tier market. There'll be blue riband exchanges that only the decent ish coins get on and stay on. Everything below will be scrabbling around in the nether regions of the internet ferociously snapping at scraps.

There's a little glimpse of that on this very forum. Compare the Bitcoin sections to shitholes like the bounties section. It's a hurricane of incomprehensible junk that will never amount to squat yet people will continue to lap it up.
5819  Economy / Speculation / Re: It's incredibly hard to sell when you are in a profit position, because of greed on: December 31, 2018, 08:22:29 PM
I think people need to experience missing their opportunity once. When the chance comes around the second time they'd hopefully not make the same mistake as it might have taken several years to work its way back up.

I had a set proportion I was going to sell once it reached a set price. It didn't quite get there. It should get back there some day. When it is I'll be selling no matter what the future is looking like.
5820  Economy / Speculation / Re: NEW BAKKT game on: December 31, 2018, 07:58:48 PM
Imo the longer it takes the more likely Loyce is going to win Cheesy And I'm not even being sarcastic.

Hopefully delayed just means less than 2 months ahead, so btc can nicely juggle at the 8k range by february.

I didn't enter this explicitly because it has the makings of a potentially infinite game. I like my concrete deadlines and conclusions.

Note the wording they've made in this announcement. They'll announce the time line of the launch, not another actual launch date. I assume this might partially be related to the US government shutdown.
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