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5881  Bitcoin / Press / Re: [2018-12-26] Bulls Under Pressure After Bitcoin Price Retreats from $4K on: December 28, 2018, 01:24:31 AM
Bulls haven't had any real momentum for over a year now. I presume most of them by now are off surfing until 2021 or rocking back and forth in their cardboard boxes in subway tunnels. This stuff needs to be allowed to play out in full. Anyone trying to buck it is basically setting their money and time on fire.
5882  Economy / Speculation / Re: 2019 Expectation of BTC, History is always strikingly similar? on: December 28, 2018, 12:47:05 AM
As history is always strikingly similar.

If history is strikingly similar then we bottom and then sit around doing nothing forever until it slowly wakes up again. That's what BTC did after 2011 until 2013 and that's what it did for much of 2015 too. For most of the time the price doesn't do very much at all. It's only the spikes and the plunges we seem to remember.

I'll be impressed if we return to five figures any time before mid 2020.
5883  Economy / Speculation / Re: Is it real that one or two big whales can seriously affect the price of BTC? on: December 28, 2018, 12:40:17 AM
No mention yet of the Bearwhale?

That absolutely was one person who had a serious effect on the price in 2014.

https://www.cnbc.com/2014/10/09/bitcoins-bearwhale-and-the-future-of-a-cryptocurrency.html

https://www.reddit.com/r/Bitcoin/comments/6d2tp1/i_am_the_bearwhale_uasf_now/

No matter who you are and how big you are, you can only sell once and you can never predict the effects your actions will have on others. It's possible your smugly planned move might totally blow up in your face.
5884  Economy / Speculation / Re: Bitcoin’s Price Will Go Below $3,000, Anthony Pompliano Tells Mainstream on: December 28, 2018, 12:26:03 AM
I'm surprised that pomp made such a bearish prediction as he is usually bullish on everything.

Hey, he may as well put himself on the right side of the momentum for once. That gives him some extra prediction ammo when he feels like hanging it all out in future again.

There've been so many predictions now that it's all a blur. I'm curious about whether people like this are badgered relentlessly by the press until they say something, or they badger them to get them out there.

I don't really get what's in it for anyone - reader, publisher or predictor.
5885  Bitcoin / Press / Re: [2018-12-27] Mt. Gox CEO Pleads Innocence as Trial Over Collapsed Exchange Nears on: December 28, 2018, 12:22:32 AM
I doubt that 99 per cent conviction rate in Japan is going to do him many favours. Rather like Silk Road, I think there are many more revelations to come out of Gox in the years to come. I wonder whether he's sitting on them or he doesn't know himself.
5886  Economy / Exchanges / Re: WEX.nz on: December 27, 2018, 11:00:30 PM
what about this link http://wex.sc

Huh


Is it fake or original ..... ?

At this stage no one should be trusting anything relating to Wex. There's already been a couple of dodgy revivals. There'll be plenty more.

If it isn't an attempt to get your Wex details if there's ever something genuine, it'll be to try to use the same details on all the other crypto sites.
5887  Economy / Speculation / Re: How much fiat is in the bitcoin system? on: December 27, 2018, 06:07:26 PM
This is a dead interesting question but the only people who could give us an answer would be the exchanges and services like Localbitcoins. They could supply the inflows into their bank accounts. They certainly won't though.

Considering the amount of investment places like Coinbase pulls in there must be enough for its investors to feel confident interest is high.
5888  Bitcoin / Electrum / Re: my electrum wallet (NEW VERSION) has been hacked on: December 27, 2018, 05:48:54 PM
sad for your loss, but whenever you receive an email or message from any "bank" or in this case wallet
make sure you check ten times if its legit
in 99% cases its a scam

This is an in wallet message which most would pay far more attention to than some random email which would guarantee an insta ignore. I can imagine many people would've unthinkingly followed its instructions.

It still sucks but it's more understandable that more would fall for this.
5889  Bitcoin / Electrum / Re: my electrum wallet (NEW VERSION) has been hacked on: December 27, 2018, 03:51:57 PM
The Bitcoin codebase is still so young right now and comparable to the early internet. Devs will learn from these mistakes and carry on. I hope no more people loose money to this exploit.

This has absolutely nothing to do with Bitcoin's code. The moment they started to introduce 'consumer protection measures' into the code itself is the moment it's abandoned by the people who develop it.
5890  Bitcoin / Electrum / Re: my electrum wallet (NEW VERSION) has been hacked on: December 27, 2018, 02:11:20 PM
looks like he already scammed 15 BTC, sad brother, but there is nothing that will help you now

https://www.reddit.com/r/CryptoCurrency/comments/a9yji3/electrum_wallet_hacked_200_btc_stolen_so_far/

It's getting on for a 250 BTC haul now.

When it comes to updates I usually wait a few weeks just to be sure. I'd never use a computer-based wallet all the same.
5891  Economy / Invites & Accounts / Re: How much would this 2011 account be worth? (Among top 10 richest bitcoin people) on: December 27, 2018, 01:06:33 AM
I would not expect a 'famous' account to be worth any more or less than any other account of a similar rank or vintage. It would also be much more prone to being snowed under with red trust if it was someone properly well known who clearly was no longer the same poster.

These days there are far fewer signature campaigns paying decent amounts of BTC and that's largely what supported their values in the past.
5892  Bitcoin / Press / Re: [2018-12-25] Bitmain: Bitcoin Mining Giant to Sack 50% of Its Workforce on: December 27, 2018, 12:46:12 AM
What is it about BTC and hubris? An awful lot of people seem to be drawn into it only to crucify themselves.

If they managed to stay modest, hungry and beneficial rather than harmful they could profit for decades rather than falling for megalomaniacal fantasies and going down with the ship. The sooner everyone acknowledges that this will forever be bigger than they are the quicker and more constructive progress will be.
5893  Economy / Economics / Re: Just sharing what I've learned about cryptocurrency businesses in Gibraltar on: December 27, 2018, 12:28:58 AM
The smaller the jurisdiction, the lairier I'd be about pinning my future on it. Places like Malta and Gibraltar are minnows who are going to do what they're told if pressure is put on them by larger forces.

They could become crypto havens but if it starts to encroach on bigger interests then they won't be for long.
5894  Economy / Speculation / Re: Bitcoin’s Price Will Go Below $3,000, Anthony Pompliano Tells Mainstream Media on: December 27, 2018, 12:18:18 AM
I'm fucking bored of this hailstorm of 'predictions' from a bunch of randoms. Does it really matter any more? A definitive bottom would be nice. I don't care what the price is any more and nor should anyone else.
5895  Economy / Economics / Re: Facebook Is Developing a Cryptocurrency for WhatsApp Transfers, Sources Say on: December 24, 2018, 08:04:10 PM
It is very likely, and it will be the end of the crypto as we know it: it will create Facebookcoin, Amazoncoin, Googlecoin, and will be advertised as "real" and "safe" crypto coins, and people will not understand that they are not decentralized. What a pity...

These dollar tokens would - be centralised, tied to the dollar, reversible, blockable, seizable, and probably require a bank to actually spend outside their services.

I can't believe anyone registered here believes projects like this are in any way comparable. Just like centralbankcoin, they'll make the case for real crypto even more compelling.
5896  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2018, 04:06:44 PM
Isn't "gentlemen's club" a euphemism for a striptease bar?

We've always had women here, albeit a minority, and I don't think most of them are "working" girls (except for maybe NLC).

Not all of them are as open about their gender as Bitchick. Can't blame them. It can get a little adolescent around here, almost locker room.

I just don't think having women here is cricket whatsoever. It simply should not be allowed.

I was hoping this thread would become fully sealed as male. Then I'd coax you all into posting photos of your toilet areas in a puerile pissing contest. Then my bear friends, the bulky hairy type rather than pessimist financialist type, would make their move and blackmail all of you into total submission.

You would spend the rest of your lives as their footstools, maids and be swapped between them as their occasional party favour.
5897  Economy / Collectibles / Re: BEWARE of FAKE CASASCIUS COINS on: December 24, 2018, 03:41:34 PM
A fake Casascius going thru ICG ..courtesy of MinerJones

Presumably he told that it was fake rather than them deciding? I doubt they know their arse from their elbow.

It still looks too blocky and shiny to be a convincing clone.
5898  Economy / Exchanges / Re: Bithumb gives new foreign users 20 bucks. on: December 24, 2018, 01:17:23 AM
Would you choose to trust an exchange where Bitcoin Gold has 15x the volume of Bitcoin against KRW? I presume there's a reason or incentive for that. It still won't be a compelling one.
5899  Economy / Speculation / Re: Bakkt delays their launch on: December 24, 2018, 12:50:32 AM
I predict that there might be no ETF approved until the 2nd half of 2019. It might be approved on October or November then scheduled for a December 2019 launch.

What makes you think any ETF will be approved this time around? I'm 99% convinced any application is toast for the foreseeable future. There's going to have to be a vast amount of change for the SEC to consider it. Nothing in essence has changed since the first Winklevoss denial and SEC staff have been getting ever louder about why they're not keen.

There'll have to be a new generation of applications a long way down the line.  
5900  Bitcoin / Bitcoin Discussion / Re: No Christmas gifts this year, all my money in Bitcoin on: December 23, 2018, 11:27:24 PM
Not that I give a shit about Christmas, but if someone told me they weren't doing anything this year because of BTC as their eyes bulged with greed or desperation I'd think they were a whackjob.

$20-50 would buy plenty of presents capable of delighting others. It's about the choice, not the outlay.
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