Also, no one can predict how long the market is to be affected by this. It might be long, it might be short hehehe.
It can't be too long with the block halving approaching quickly. I'm confident that it hasn't been priced in yet, and I'm confident that we'll get the price to start calculating it in a month or two before the actual event. I'm putting my money where my mouth is by doing everything I can to stack up more coins because it could very well be the last ever time we see these levels again. In terms of the sentiment, it's horrible, and that's actually a good thing because the market tends to move in the opposite direction of the dumb money herd. This doesn't mean that we're completely out of the woods yet, but buying at today's prices is a whole lot more rewarding than fomo'ing into the market at +$10,000 levels. I can only say thank you for this opportunity.  I hope so for all cryptospace. However, my advice would be to learn from litecoin's halving and to prepare for disappointment. It will make acceptance quicker hehehe. |
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Usual cherry picking on news/article, nothing to see here. Maybe they make similar article with title "Heard of bitcoin's 'halving'? It's set to destroy mining industry"  It will not destroy, however, it might shutdown some miners similar to litecoin's halving. I reckon everyone should be ready and prepare to be disappointed on bitcoin after its halving to be safe and avoid a wallet breaking experience hehehe. |
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@romero121. However, there might also not be an increase in demand after the halving. This is not automatic. Do you not see the argument that it might occur similar to litecoin? It will reduce miners' earnings and it might cause some of them to shutdown.
Some of us are just optimistic, and we have every right to be. Demand doesn't need to increase, it's enough to stay the same and the price will rise with decreasing the supply. Deep inside every person on this forum have some optimistic prediction for the price of Bitcoin after the halving. We are accumulating satoshis and we hope for the best outcome. The halving is getting closer, so in 6 months we will see what will happen after the halving. I disagree. Decreasing supply also might cause some miners to shutdown, leaving bitcoin with less hashrate without increasing the price. I reckon that we should stop and analyze the situation without following the permabull echo chamber blindly. |
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@estenity. No. Read their response. They appeared to be saying we will contact you for further details, please do not disturb us anymore hehehe.
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I contacted them (and submitted listing application) on 04/9/2019. On Tue, Apr 9, 2019 at 8:50 AM, Poloniex < support@poloniex.freshdesk.com> wrote: Hi, Thanks for your application. We unfortunately aren't able to respond to every listing request, and reach out when we are ready to move to the next stage. We've reopened the Aeon application and we are not able to list your project on Poloniex at this particular moment. Our team applies an asset listing framework to process and prioritize the requests that come in to us. Now that we've learned more about Aeon, we are holding onto the information that you've submitted for our own future reference so that we can revisit this at a future date. We will get back in touch with you if and when there are updates to provide. Thank you again, Best, Poloniex Support Team I'll respond to the response again and see if it reaches past their filters. I reckon that Poloniex certainly made it very clear that we should not write a response to their response hehehe. We should change our strategy. Have Aeon listed and be the king of the smallest of exchanges. This might make it more noticed. |
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However, it was reported that the Moneygram CEO revealed that they immediately dump the XRP given to them by Ripple because of regulatory issues. It might be good news for Ripple and their partners because they earn from the sale of XRP, however, bad for the holders. How many more does Ripple hold? |
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@romero121. However, there might also not be an increase in demand after the halving. This is not automatic. Do you not see the argument that it might occur similar to litecoin? It will reduce miners' earnings and it might cause some of them to shutdown.
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@Betwrong. It certainly appears that way. However, it is very understandable for most of us to be in denial of the bad news during bitcoin's pump when the news was beginning to be discovered on August.
Also, no one can predict how long the market is to be affected by this. It might be long, it might be short hehehe.
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This dump on XRP is partly because of the immediate selling made by the companies where Ripple is giving XRP. Moneygram was one of them. What are the other financial services is Ripple giving XRP to? MoneyGram CEO Alex Holmes reveals that his company instantly sells all XRP its receives due to regulatory issues.
When asked whether he holds any XRP, Holmes said he personally didn't own any. The same pertains to Money Gram -- the company sells its tokens as soon as it receives it.
"Any XRP that we receive we tend to sell about as real-time as possible"
Holmes explains that MoneyGram cannot hold any crypto due to regulatory roadblocks.
"We do not hold any crypto assets for any period of time on our books."Read in full https://u.today/ripples-partner-moneygram-doesnt-hold-any-xrp |
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If the analysis were that easy...
We are all aware of the different nature of BTC. So we do not know what will happen until or after halving. Maybe the price will go down as it does today, maybe it will increase as unexpected. The previous ones had an impact on the price, and I hope we will get the same result from the next halving. For now, the important thing is whether the price will reach $6900 level and the next moves.
Well, we just reached $6900. Curious how it will go from here. It might also occur similar to litecoin after its halving where some of the miners shutdown and the hashrate went down. I reckon it might begin the question if fees alone can secure bitcoin. |
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I reckon that this is only the beginning. Malta, where many of the exchanges are based will be required to report their users' data to financial intelligence units under AMLD5. In any case, what really is AMLD5 and why are smaller cryptofirms shutting down because of it?  Two more firms - cryptocurrency mining pool Simplecoin and bitcoin gaming platform Chopcoin - are shutting down over the AMLD5 European Union regulation coming into effect Jan. 10, 2020.
A notice on the Simplecoin website reads that it is closing down on Jan. 1 because the new rules will require the firm to implement several anti-money laundering (AML) know-your-customer (KYC) requirements and it is against those to protect users' privacy.
“When the laws come into effect, we would be forced to require you, the users, to identify yourselves for anti-money-laundering purposes. Mining should be available to anyone and we refuse to jeopardize our users’ privacy,” said Simplecoin.
Another firm, bitcoin gaming platform Chopcoin, also co-founded by Grieger is shutting down for the same reason. AMLD5 imposes more stringent reporting obligations for cryptocurrency firms and authorizes Financial Intelligence Units to obtain the addresses and identities of cryptocurrency owners and users.Read in full https://www.theblockcrypto.com/post/50613/two-more-crypto-firms-shutting-down-over-impending-eu-money-laundering-rules |
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You beat me to it  was about to post the same thing. Was reading this https://cryptobriefing.com/bitcoin-plustoken-ponzi/What do I think? I don't really care. I believe Bitcoin price strictly follows TA (technical analysis) big majority of the time. Second I am not sure how and from which source they could get such information. Curious to see the effect on price but as I was saying Bitcoin price is mostly dictated by trading analysis anyway. Fundamentals barely have any effect. It was @Thewolf666 that beat everyone to it. https://bitcointalk.org/index.php?topic=5175906.0The news was also treated as fud and the person responsible for exposing the scammers was called a social media randomer hehehe. I reckon the excitment of the pump had ears closed. |
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@Yatsan. I like Conor also, however, his plan on fighting Khabib next year after Cowboy if he wins might be wrong for him, I reckon. He does not have the skill and the cardio to beat Khabib.
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Big game for everyone's favorite the Dallas Cowboys versus the Eagles for the NFC east division on Sunday hehehe. How is the Eagles defense? I reckon Cowboys covers -3.
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Conor helped build to where the UFC is today because he helped take it to the next level with his talent as showman and a troll. There was no one else before him in this level. He is the cause of why this sport has many casual fans hehehehehe.
Conor McGregor put more eyes into the sport because of his trash talking skills and his cross over to boxing brought yet another fan base and he is a showman but after that his graph went down because of his troubles outside the fight arena and Donald Cerrone is the perfect return fight and i hope he will not take on Khabib once again as he has other great fights for the fans to see and with a new champion in 145 pound division i hope he will once again challenge the champion in that division rather than challenging anyone in higher weight divisions. On his days when he was training diligently he was also one of MMA's best fighters. Remember the unbeatable Jose Aldo during his time? Conor knocked him out in a few seconds. |
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I do not agree. The high premium should be expected in a sanctioned country similar to Venezuela or Iran that are suffering from hyperinflation. Also check the exchange rates for the American dollar and euros in those countries and see how they are also given premium rates. This is not isolated to bitcoin only. If in reality you can buy USD in Venezuela for a price that is higher than the official rate, then maybe when talking about how much is BTC in Venezuela we should take the real price into account? I have an impression that in articles regarding the Bitcoin price in those countries with hyperinflation they are always making the same mistake: they take the current price of BTC in local currency and then divide it by the official exchange rate of that currency to USD. If they were using the real exchange rate instead of the official one for their calculations, maybe they'd get the same USD/BTC rate as anywhere else. I do not know who or how the rates are calculated in Venezuela, however, what I know is these types of articles are clickbait. Should we be happy that you can sell your bitcoin for a higher rate in a sanctioned country with hyperinflation? @1Referee. Agreed. However, there are always some people who never question anything hehehe. |
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He's a joke and his loud mouth has made him into a caricature that everybody wants to see get smoked. That's the legacy he's built for himself, the loudmouth clown the everyone wants to see destroyed.
Why are you hating on him lol? Floyd Mayweather has a loudmouth as well and so does a lot of other boxers. People are jealous of him because he's rich and lives a very fancy life. His mouth was loud when he became the champion and created the greatest moments in history. So what has changed now? He's still talented, loud-mouthed and rich! Don't forget the "talented" part. That is a common characteristic among casual fans of MMA hehehe. They forget that the loudmouth Conor helped build the UFC to where it is today. I'm not aware Conor help build the UFC, how? He wasn't there from the beginning actually, I started watching MMA back 2006 I didn't hear his name. But people will be grateful to his work if what UFC had achieved is because of him. He can't blame people for treating him like a troll though, he can't just get away for all the comments he did all because he helped UFC. I reckon that you did not understand what I said. You took it literally hehehe. Conor helped build to where the UFC is today because he helped take it to the next level with his talent as showman and a troll. There was no one else before him in this level. He is the cause of why this sport has many casual fans hehehehehe. |
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In any case, what is proof of authority and how does this theft affect Vechain? Do the 1.1 billion tokens held by the hacker make him one of the biggest authorities in the block producing process of the coin? I am a monkey. Teach me about proof of authority.  December 13, at 8:27 pm Beijing Time, due to human error and the mismanagement of the private key by our staff, the VeChain Foundation buyback address was compromised. After a responsive investigation, the incident was caused by the fact that the private key of buyback address was stolen during the wallet creation process due to the negligence of the staff member.Read in full https://medium.com/@vechainofficial/vechain-foundation-announcement-8459492ee039 |
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I do not agree. The high premium should be expected in a sanctioned country similar to Venezuela or Iran that are suffering from hyperinflation. Also check the exchange rates for the American dollar and euros in those countries and see how they are also given premium rates. This is not isolated to bitcoin only. |
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