Given how much the trust system is abused by scammers to leave nonsense, frivolous, retaliatory, and otherwise useless ratings, I'm not sure we could really expect their behavior to be any different when it comes to trust flags.
Nope, although I think it takes more effort to start up a flag than it does to just spam some negative trust. My guess is that we'll see far fewer retaliatory flags than negative feedback, and that's a good thing--plus if a flag is frivolous it can obviously be opposed. It's still a shitty thing to have one on your trust page when you don't deserve it. However, seems he have open red flags almost against all scam buster. Stupid scammer ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) just increasing his feedback's. Being a moron and having too much time on your hands is a dangerous combination. Hopefully this guy will just shrivel up and blow away eventually.
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My favorite takeaway: "Experts believe that institutional investors were at play behind the recent price drop in Bitcoin. Moreover, the scenario may not improve any time soon. Sell-off may intensify and Bitcoin may plunge to $5,000 before Christmas."
That could happen, but I don't think it will--but I wouldn't venture to bet on it either way. Bitcoin is as unpredictable an investment as I've ever seen. However, it does appear to be stuck where it's at, just as it has been many times before. I'm hoping that when it breaks out of its range, it'll be to the upside--and either way, I don't think it's going to test $5k by the end of the year. That isn't too far away, and losing $3k in value in such a short period of time would be icky to say the least. Anyone who's ever read my posts knows I'm not a believer in TA, so resistance levels don't have much meaning to me. I constantly see that principle being violated in the market based on threads I read on the forum, so I don't put much stock in that part of the statement.
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Nah, they look correlated there but I don't think there's any real relationship. That's an example of seeing what you want to see in a small sample of statistics.
I buy avocados and haven't noticed prices fluctuating all that much, and they're usually on sale anyway. Then again, that's probably because the store buyers hedge their purchases with futures somehow. I'm more curious to know if bitcoin actually does show a strong correlation--positive or negative--with something significant like the stock market, real estate, gold, unemployment, or something like that. Not sure if any economists have done studies like those, but I'd find the results interesting I'm sure.
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I know of at least one miner who sells his coins to an ATM operator, and that raises the question of who is buying through the ATMs.
That's interesting--I can tell you that I tried to buy bitcoin through an ATM a couple of weeks ago, but the damn thing kept crashing when I tried to scan my ID. I just wanted to try the damn thing out and didn't want to buy a whole lot of bitcoin at the inflated price that the ATM was selling coins at. I bet bitcoin ATMs get used a lot, because they're convenient but who knows. I can't say that for sure. I don't have any hard data on what miners do with their coins, but I would assume a lot of them have buyers in place off the exchanges--but my guess is that at least some coins get sold on exchanges as well, because it's easy to do, consistent, and they'll always get market prices. Just because they might do that doesn't mean they'll suppress the price, though. They don't have to sell everything all at once, for one thing. For another, the bitcoin market is pretty liquid and can absorb those selling orders pretty easily, especially in good times.
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OP, how much bitcoin are you looking to sell?
I might be interested in up to 0.012BTC at preev 1:1 and I can send the PP funds as F&F--but you'd have to send the bitcoin first. If you're comfortable with that, drop me a PM and we can work it out.
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Hey OP, if you're still interested I can buy 0.01BTC from you at preev 1:1.
If you already got the deal done, you ought to lock the thread so people don't keep replying to it.
*Edited to fix decimal error.*
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1. User A has reached 1000 Activity and 1000 earned Merit, then the Bitcoin wallet, indicated in user's profile, will be credited with 0.22112009 BTC by the forum. 2. User B has reached 2000 Activity and 2000 earned Merit, then this member will also could get 0.22112009 BTC.
Lol. I don't want any sort of financial reward for those "achievements" on the forum, nor do I think Theymos would go for anything like that anyway. I would be honored if I were chosen to receive a nice collectible, physical coin whether funded or not. It isn't about money or even the value of the thing but about recognition--and as I said in my earlier post I don't necessarily think I'm as deserving of such an honor as a lot of other members. Free shipping can be considered, but without tracking. The tracked shipping will be available as our regular option.
I would not care in the least if shipping was free--I'd be more than happy to pay for shipping myself to defray some of the costs involved in distributing whatever gets made. The more funds that go into making a quality commemorative, the better. I think it would be better kept for the proper OGs.
I wouldn't disagree with you there, except that I think a lot of those OGs are inactive and might be hard to track down. Maybe not; maybe Theymos has a little black book of OG contacts.
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Who needs billions of independent, smart and knowledgable citizens rather then obedient workers?
Yep, that's China--and the US is only a little different in that respect; we just have a different economic and political model. On the other hand, the US hasn't regulated bitcoin to nearly the extent that China has, and it's sad to see it happening over there. Didn't China also crack down on mining as well as banning China-based exchanges? I can't remember if I read that or not, as I don't follow mining news too closely. All of this sucks for the Chinese, because crypto is huge for them and my guess is that they see it as a big middle finger aimed squarely at the Chinese government's face. After all, crypto can be regulated, exchanges can be shut down and mining operations dismantled by law, but there's nothing the government can do to eliminate bitcoin and the rest of the cryptocurrencies. I'm hoping this doesn't become a worldwide trend. China may have its own thing going on (always has), but you can bet other countries are following what's going on as far as crypto goes.
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I don't wanna take sides but nearly everyone going against Game protect is advertising a crypto casino in their signature. They are really trying hard to protect the hand that feeds them.
I'm not, and I don't believe that just because someone has a casino advertised in their signature it means they necessarily endorse that casino personally--or game-protect for that matter. he seems to be ignoring these questions so that he can save his 5 BTC
Jesus, that's a lot of money. I'm leaning toward supporting the flag, but I'll keep my eye on what transpires in this thread before doing so. I don't expect game-protect to come back here with a cogent argument--I can barely understand a word he writes even on his best days.
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Did you ever find anyone to do this for you?
I'd be willing to help you out, but only if you're in the US or somewhere in N. America--the fees for sending $6 to someone overseas wouldn't be worth it. Your fees for sending that amount might not be worth it, either.
Anyway, let me know via PM or posting here.
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The meta board is again getting clogged with topics centered on merit description and which was answers can be found with a little effort put into research.
Really? I haven't noticed that there have been an inordinate number of them lately. Back when the merit system came out and then after the 1-merit requirement to achieve Jr. Member went into effect, it seemed like every other thread (or more) was about merits. Compared to those two occasions, Meta has been downright quiet as far as merit threads are concerned. Do you think such will be implemented,
I doubt it. Theymos had floated that idea around since the beginning of the merit system and it hasn't happened yet. There might be some sMerit hoarding by senior members who couldn't care less about the merit system ( gameristo comes to mind) or who are inactive, but I don't see how decaying those sMerits would solve any problems. As far as when merit sources get their monthly replenishment, it's been my experience that it's usually on a specific date--that's how it is for me, I think, but I haven't really been paying close attention. I still have a hell of a lot of earned sMerits to give out and I haven't run out of either supply in quite a while.
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I'll put 70% investment in Bitcoin and 30% to ETH. May it sound fair to them?
These "buy this or that" threads tend to drive me batty, but these days it's actually a good question as to whether ETH is a better value, i.e., has more upside potential, than bitcoin--and I'm honestly on the fence about it. 70% into bitcoin seems just a wee bit excessive to me, because I think ETH might be the better buy at this point. Maybe I'd do a 50/50 mix if I had about $1000 to invest in crypto and had to choose. Then again, it's entirely possible that both coins will increase in tandem and it might not matter all that much which one you buy. What I'm fairly sure of is that both bitcoin and ETH are going to be two of only a handful of winners in the crypto space come 10, 20 years from now. Most of the rest of them will eventually lose traction and their communities and ultimately their value. You have to pick the winners early on if you're a long-term investor.
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I haven't been following any of the ETF happenings very closely, so thank for posting the article OP. If bitcoiners really want to see an ETF happen, they need to move their trading away from Binance and co, and towards Gemini, Coinbase and the other regulated exchanges.
Meh. I consider myself a bitcoiner (not a big owner of it, though I would be if I had the money) and I would be OK if ETFs never saw the light of day. There's still bitcoin to be bought and sold, and the only problem is that people with really deep pockets can't buy billions of dollars worth of it without either cornering the market and getting stuck or driving up the price while they're buying. That's why Bakkt is so important, though even that doesn't seem to be making a huge impact thus far. I do agree about the regulated exchanges statement, however. But Binance is now a regulated exchange if I'm not mistaken--that's why they launched a US site and had to exclude a few states in the process. Traders really shouldn't be using sketchy, unregulated exchanges like Yobit and all the others, if only for their safety.
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That's fantastic IMO--Unicef is a legit organization that's been around for many years, and it's a good thing that they're not only accepting bitcoin and ETH for donations but that they're apparently getting involved in blockchain startups aimed at helping kids.
The only question in my mind is what percentage of their future donations are going to be made with crypto. We all know that most businesses don't accept crypto and some of the ones that did stopped doing so, likely because people weren't paying with it. I do hope there are some generous crypto whales who see fit to donate to Unicef, and perhaps even smaller owners. Don't know if they're going to release any statistics on that, but I'd love to see them maybe a year after it gets started.
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I assumed that it will be moving sideways in the vicinity of $8,100-$8,200.
Ah, you should never assume anything like that with bitcoin. That wasn't a trend for long, was it? That said, by tomorrow bitcoin could be back in that range or lower. As far as this goes: Do you agree that maybe today or tomorrow Bitcoin can get past the $8,600 territory and maybe head on towards the $8,800 - $9000 mark?
It's certainly possible, but I think speculating whether bitcoin is going to gain $100 in value within a day is kind of pointless. That kind of movement is just noise. Even if it hit $9k tomorrow, it still wouldn't exactly be a monumental move from where it's at right now, would it? Oh, by the way OP, why did you question whether traders should cash out their profits to USDT? Why wouldn't someone who made a profit and wishes to take it off the table just convert to USD (or whatever their local fiat currency is)? I guess I'm not understanding the allure of these stablecoins, unless a trader wants to keep their funds on an exchange--but even then, that's not a good idea and it seem like it would always be better to cash out into fiat.
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- Price patterns favor a $20,000 bull-run by the end of the year
Yeah, that doesn't look like it's going to happen by the end of the year, although it is a good thing that bitcoin at least rebounded to $8500. I'm happy with that. Next year I'm hoping it does at least approach $20k and that buying picks up over the course of the year. - There is a massive FOMO sentiment amongst crypto enthusiasts
There's no FOMO right now that I can see. That only happens when the price is shooting up, not when it's stagnating--which is exactly what it's doing now, and it's stagnating after dropping a couple thousand dollars in value. If and when bitcoin starts to climb to $20k, then we'll start seeing some real FOMO, and as I've said before that isn't necessarily a good thing. That kind of fear leads to overinflated prices and potential bubbles. Of course bitcoin's price is very unpredictable because of its volatility, but it's already October and I don't see any reason for such increasing in prise. Not this year. And when will that happen is anybody’s guess.
Well, we're all guessing here--it's all we can do, since nobody I know has a functioning crystal ball. lol. But I agree that there isn't enough time left in the year, nor enough momentum for bitcoin to even get close to $20k.
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They're meant to be rewarded to users who have contributed greatly to the forum while also going to active users. Therefore, it would seem unfair to give these to users who are just established etc. I feel anyone who has contributed greatly to the forum or who is an historical figure on the forum should get a coin.
I don't think I'm anywhere near a historical figure on the forum, but I am active and if by any chance I was in the running to receive a coin, I would be grateful forever. Bitcointalk means a lot to me, as do things like the Zepher coin and the silver skull I bought that he owned, and the bitcoin pennies I got from minerjones. I'd even be more than willing to pay for a coin if the price was reasonable (I don't have a lot of discretionary income right now). As far as who should manufacture such a thing, I have to tap out on that debate. The Collectibles section gurus know a hell of a lot more about who would make a quality coin than I would. I do have faith that if these ever get minted, they'll be well-done and choice collectibles for those who are passionate about the forum. I like the idea of funded ones but would buy one unfunded as well.
I certainly would like to see them funded, and if I were to get one I'd pay for the funding, again depending on the amount. And if they were to be unfunded I'd be completely cool with that as well.
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Unfortunate for us, while mainstream media spams us with stories about bitcoin being a bubble.
Not that I listen to mainstream news sources, but I haven't heard any such stories these days about bitcoin being in a bubble. If the media is writing stuff like that, they're out of touch with reality just a wee bit. When bitcoin was surging toward $20k, it might have been true. Right now? Hell no. Also, there have always been banks busted doing shady or even illegal things, and I'm not sure the situation these days is worse than 2008, nor are bank closures as frequent. I remember back then that when I listened to Bloomberg radio, every day there were more and more banks getting shut down because of insolvency. Maybe I ought to start listening to Bloomberg again, because I've been disconnected from the world of finance for years now. I wouldn't call this as a major crisis.
I wouldn't either, but tell that to the customers involved. They're the ones feeling the pain.
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Account sells is dislike by most of DT community, there is no business with rules. Feel free to ask admin why you got tag for buy account.
Damn straight account sales are frowned upon here--and man, I bet you that guy paid a lot of money for that account, given that it was registered in 2010. That's an old school account, and I'm pretty sure there's usually a premium for those. He already got tagged by multiple members, but I may also add a feedback due to the changing DT membership--though I think DT1 members basically slip down to DT2 anyway, so it may not matter much. I'm not shocked in the least that there's some cheating going on in the cryptotalk.org campaign, since it has basically attracted members from the same filthy pools that usually flock to altcoin- or token-paying bounties, and cheating is rampant in those. Bust 'em all back to hell if you can, guys.
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I am not sure if this is fair to the younger members since the older members received higher forum ranks much easier.
It's fair. Even if it weren't fair, it was the fairest solution to the rampant shitposting problem. By the beginning of 2018 it was clear to anyone reading posts on this forum that something had to be done--account farming was easy to do and was out of control. Members came here hoping to rank up and earn big money in signature campaigns, and the result was an onslaught of low-quality posts done for just that purpose. It is especially difficult to advance for young members who can't write in English and can only participate in the local part of the forum.
If they feel the need to write in a language they don't have a command of, I would question their motive for doing so. Usually such members have advertising in their signatures, and if that's the case they're probably writing in English because that's what they're getting paid to do. It's much, much harder to rank up from scratch these days, that is certainly true. But that's the whole point of the merit system. It wasn't done maliciously but rather as a protective mechanism for the forum as a whole. Personally I think it's serving its purpose so far, all complaints aside (and we haven't seen many bitch-fests in Meta lately).
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