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7101  Bitcoin / Press / Re: [2018-08-13]Study Finds Google Search can Forecast Bitcoin Price Rises on: August 15, 2018, 03:06:35 PM
There'll come a time where google searches are not a good metric. It's not as if anyone these days googles 'how to buy a phone'. You just buy one. Coinbase will eventually be as ubiquitous as Amazon for better or worse.

For now though it still does count for something.
7102  Bitcoin / Press / Re: [2018-08-14]Finnish Millionaire Falls Victim to $35M Bitcoin Gambling Scam on: August 15, 2018, 12:23:50 PM
What a complete and utter penis.

He deserved what he got. He basically gave his money away to a bunch of smooth talkers. And for anyone to be publicly known to have thousands of BTC signals deep stupidity to start with. Why would you tell anyone?
7103  Economy / Economics / Re: stupidity is so close to poverty on: August 15, 2018, 10:24:39 AM
Intelligence and monetary savvy are totally, totally separate things.

The richest guy I know can barely hold a coherent conversation. I don't think he can read or write. He is however very, very shrewd and can spot an opportunity where others can't.

The most intelligent person I ever knew has been skint her entire life and will stay that way.

And no matter what your intellectual capacity is, some people are simply born doomed when it comes to money. I've seen otherwise clever people make the most wretched decisions when it comes to money and I know perfectly well they learnt nothing and would do it again.

You either know how make it, ration it and maintain it, or you don't. I don't think it's a behaviour pattern most people can learn. They either can or they can't.
7104  Bitcoin / Press / Re: [2018-08-14] Binance Denies 400 BTC Listing Quote on: August 15, 2018, 10:06:25 AM
I think Changpeng Zhao is saying the truth. I'm sure if they like a coin(meaning that it is not a sh*tcoin) they list it without any fee. They are very good at doing their job and that's why they have over $1 billion daily trading volume, which gives them good profits. I don't rule out that they might jokingly say, "pay 400 BTC and we will list your coin", but only jokingly, because you can't expect anyone paying such a price (over $2.5 million as of today) for a listing.

Listing on a non shit exchange can be the difference between success and oblivion.

I presume every cost is on a case by case basis. Some they'll be losing money on by not listing as there's demand already so they won't charge, if Binance are the creators of the demand by listing it then they may as well get what they can upfront. They only exist to make money for themselves.

Putting your shitcoin in front of an audience is the hardest thing to achieve. Since Binance is a turnkey answer to that they can demand plenty for it.
7105  Economy / Trading Discussion / Re: What exchange do you use to trade Futures? on: August 15, 2018, 09:57:20 AM
Okex is the original futures trading platform. Surprised that hasn't been mentioned yet.

It does however operate with 'socialised losses' which means if someone else's mistake is big enough, you're paying for it.

I would read that for a while - https://twitter.com/bitmexrekt before going full futures. It can be a very rapid route towards absolute ruin.
7106  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 14, 2018, 09:28:50 PM
you really count yourself out ?? very big space between you two....... the closest gets paid
btw if he's still around never see the dudes name around here

Yeah.

If he can't be found then let us use the funds to write his name across a stripper's buttocks and pay him/her to cake fart on Donald Trump's face.
7107  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 14, 2018, 09:07:22 PM
the remaing acctually i am very VERY very curious who's gonna win this one ........ is there going to be an insane BULLrun or wil it just be one of the last 5 on the list ??

My money, or rather your money, is on Mr. Romney.
7108  Economy / Speculation / Re: Bitcoin might be $5000 short term, $1000 longterm if support is broken - Sosnick on: August 14, 2018, 09:04:56 PM
There's a long crypto winter ahead of us. No point in buying now for the long term IMO.

And what figures do you think a crypto summer would bring?

Do the opposite of what your emotions want you to do and you'll come out on top.

If people had done that in early 2015 they would've made 100x profit buying at the absolute nadir and selling at the peak but of course most were too scared.

I don't think there's any reason to be bullish for the near future, but buying a little on a regular basis will add up nicely when the right time comes.
7109  Economy / Speculation / Re: Technical Analysis Contest With Merit Rewards on: August 14, 2018, 07:36:03 PM
Surprised that a lot of people here believe that traditional TA don't apply to cryptocurrencies, but a lot of traders here are still using TA for their buy and sell decisions. For me Technical Analysis is more of a study of Human Behaviour because you can literally translate the price movement of what the majority of people are doing with the cyrptocurrency as it reflects with their respective chart. Even if it is not 100% accurate I still use it to somehow minimize the risk when it comes to my decisions in the market.

I believe in human nature which means FOMO, bubbles, ruin and bottomless levels of stupidity. I definitely believe in bubble cycles as humans are prone to them anyway and crypto's lack of supply and liquidity is tailor made for it.

Because of that and beyond that I don't think minute by minute or day by day TA is worth shit in a market this pathetic and twitchy. All someone has to do is roll out 'Korea ban' for the 1256th time to get a nice fall.
7110  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: August 14, 2018, 05:52:28 PM
hy, I am new on nem.
Is there any decentralized market exchange for nem-based-tokens ? (i.e.: stellarport, interstellar for stellar, etherdelta forkdelta for ethereum).
Please give me advice, thanks

https://nemchange.com/

That's the only dedicated mosaic exchange so far. It's not decentralised.
7111  Bitcoin / Hardware wallets / Re: John Mcafee & Bitfi launch the first 'unhackable' hardware wallet on: August 14, 2018, 02:56:46 PM
https://twitter.com/cybergibbons/status/1028987435873648640

https://thenextweb.com/hardfork/2018/08/13/bitfi-cryptocurrency-wallet-bounty/

https://cointelegraph.com/news/unhackable-wallet-reportedly-breached-hackers-claim-to-meet-bounty-conditions

I am particularly reassured by this quote.

“As of now, we have no evidence that our device can be hacked and if someone succeeds in doing so then we will immediately put out a fix to all devices to address the vulnerability that was discovered and it will be unhackable once again.”

Who knew it was all so simple?
7112  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: August 14, 2018, 02:25:55 PM
https://twitter.com/bitpanda/status/1029367326674698240

Nem hits Bitpanda on August 23rd. A proper EUR exchange and one that I've used without any problems.
7113  Economy / Speculation / Re: Bitcoin might be $5000 short term, $1000 longterm if support is broken - Sosnick on: August 14, 2018, 01:23:44 PM
Where did the 6 grand figure come from? 5700-5800 is the area it kept popping back to. If that level's bowels loosen then off we go to the races.

I don't think these prices will hold. There's plenty of air below.
7114  Economy / Trading Discussion / Re: Do you actually think major coins will be live in 2025? on: August 14, 2018, 10:52:17 AM
Here's another thing that I'm really curious about.

Crypto will be much bigger by then.

Does that mean there'll actually be more coins by then or will the shit-thrown-at-the-wall phase we're in now drive people into gathering around a much smaller number?

There'll always be plenty on the fringes but I expect major exchanges to be much bigger and much more discerning about what they list. I don't think a shitcoin will be able to spring out of nowhere like they have done this year.

It'll be very much a two tier market and a coin will have to be extremely special for the gatekeepers to let it in.
7115  Economy / Speculation / Re: Technical Analysis Contest With Merit Rewards on: August 14, 2018, 10:47:10 AM
I think TA is a load of poo myself, but if it keeps young people off the streets at night then I'm all for it. Perhaps someone will post something here that turns me into a believer. I'm not holding my breath.
7116  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 14, 2018, 01:19:51 AM
Well, this is turning into a properly muscular alt implosion and not before time. Where we end up ain't nobody knows.
7117  Bitcoin / Hardware wallets / Re: John Mcafee & Bitfi launch the first 'unhackable' hardware wallet on: August 13, 2018, 11:30:09 PM
That's mean ledger, trezors are hackable?

I don't think either of them have ever claimed to be unhackable. Anybody who does is an idiot.

Real hardware wallets will have their code carefully checked by their users and it's in everyone's interest to disclose any vulnerabilities they find.

As it stands there are two guaranteed ways for a hacker to get to the funds on your hardware wallet.

1 - you store the seed for the hardware wallet insecurely such as in a file kept online.

2 - the computer you use it with is infected and replaces the address you want to send to on your computer's screen through the wallet app. That's why you need to check the addresses on the screen of the hardware wallet itself which will always be correct.

Neither of them are actual hardware wallet hacks.
7118  Bitcoin / Hardware wallets / Re: John Mcafee & Bitfi launch the first 'unhackable' hardware wallet on: August 13, 2018, 11:13:44 PM
gentlemand, everytime a post from you in this thread pops up on my watchlist, I actually get a tinge of excitement. Watching serial scammer McAfee and his shills getting repeatedly wrecked is just too fun.

I keep waiting for John's team of SEALs on crack and bath salts to bust through my ceiling and start pulling on their pop guns. Luckily he's made them so strung out they'll be seeing quadruple so I only have a 1 in 4 chance of being hit.
7119  Bitcoin / Press / Re: [2018-07-27]Charlie Lee: Bitcoin to Gold, Litecoin to Silver and XRP to Diamonds on: August 13, 2018, 11:06:24 PM
I can't bring myself to touch XRP. I just cannot wrap my head around it. It's incomprehensible to me.

The diamond comparison is on the money. I see more appealing rocks every time I go to the beach yet De Beers have managed to fool people into handing over lord knows how much for them for years on end.

A mate of mine's wife insisted on her diamond costing him three months' salary as the marketing tells her to demand. I would've told her to fuck off and pushed her in a river.
7120  Economy / Speculation / Re: If bull runs happens, how much BTC dominance will be at peak? on: August 13, 2018, 09:45:27 PM
It won't. Bcash is more than just a fork competing with Bitcoin. It's meant to grant older mining hardware a second life now there is another large SHA256 coin with a reasonable amount of liquidity, and it's backed by Bitmain.

I initially was one of the many thinking that Bcash would die and lose all its value, but you'll quickly change your mind and view on what Bcash really is once you really dig into it.

Bcash should be able to outcompete Litecoin for ever and they seem to focus on ICOs now as well, so their next target is to rival EOS and Ethereum. I however don't think they stand a chance against Ethereum.

Dunno. Compared to Litecoin it's ridiculously fractious, poorly developed and this Bitmain IPO thing has revealed they have absolutely monstrous Bcash bags and they've been burning huge amounts of their own money to support it.

It looks very shaky from every angle right now compared to other projects.

No doubt it's going to live on, it's too tempting not to try the occasional pump, but I don't see how it can stay up there.
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