I kinda agree with his prediction (despite the fact that he is a "bear" and he is dying to see a lower bitcoin price).The true bottom will be around 2-3K USD and any new ATH will happen after the next 2020 halving.
It takes a lot of time to build some new hype around bitcoin.The market is insecure and the fear dominates over the greed.
For everyone's information, he is not a bear. He is one of the most maximalist of all the bitcoin maximalists in the cryptospace. For him, any cryptocoin that is not a bitcoin is a scam hehehe. He trades both directions of the market, however. |
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I assume many people, up to this time, give exchanges their identities because they think that they have no other choice. However, we should make them stop or make it known to them that they will be added to the CIA database hehehe. In any case, I reckon we should start encouraging the use of the forum for more active, simple, over the counter cryptocoin trading and conversions.  In a sneak peek of its yearly transparency report, Kraken, one of the leading U.S. based cryptocurrency exchanges, has announced that law enforcement requests have tripled since 2017 — with the bulk of these requests coming from the U.S.
In terms of numbers, U.S. Law enforcement agencies alone made 315 requests in 2018, more than five times higher than any other country that year. Besides the U.S., the United Kingdom, Germany, and France made the highest number of requests — with 61, 34 and 20, respectively — in 2018.
Of the 315 requests made by U.S. law enforcement agencies, more than a quarter was made by the department of homeland security (HSI), with 91 requests in the last year. Besides the HSI, the Federal Bureau of Investigation (FBI), Drug Enforcement Administration (DEA) and U.S. Secret Service (USSS) were the sources of most requests.
Surprisingly, the U.S. Securities and Exchange Commission was behind relatively few requests, making just 19 requests in the last year — less than half of that made by the Drug Enforcement Administration in the same year.
In other news, Kraken also highlighted its stance on the U.S. Operation Choke Point, a federal initiative that saw U.S. banks investigated for their involvement with merchants in high-risk activity categories, including online gambling, coin dealing, and pornography.
According to Kraken, cryptocurrency serves as the last report for digital payments, stating that the initiative was only effective because many businesses rely on credit cards provided by banking institutions.
Operation Choke Point has previously been criticized for driving more than 30 high-risk industries away from public banking systems despite being perfectly legal. The threat of investigation by the Department of Justice led many banks to cut ties with businesses within these industries, with JP Morgan alone closing more than 100,000 accounts in response.
It has been argued that many of these businesses have been forced to begin accepting cryptocurrencies such as Bitcoin for their services, which may explain part of the extreme growth the cryptocurrency industry witnessed between 2013 and 2017.
The heavy-handed approach used in Operation Choke Point led to the closure of the bank accounts of many companies involved in industries with a higher risk of fraud or money laundering.
However, the benefits of such an effort may be short-lived, as forcing these bad actors to begin accepting cryptocurrencies for their goods and services may eventually make fraud, tax evasion, and money laundering much more difficult to track and control, since many cryptocurrencies are essentially anonymous.Read in full https://beincrypto.com/kraken-law-enforcement-requests-triple-in-2018-feds-have-all-the-data/ |
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@1Referee. Agreed. However, exchanges already do have shit on us. They ask for our identities, control the amount we can withdraw and might also freeze our accounts if they found more shit they do not like.
Also if an exchange begun offering interest, would you trade in the one without or the one with? I reckon many people will go to the one with.
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Skip forecasts 1 to 6 and read forecast no.7 hehehe. That is what Weiss is setting up the readers of this article for from the beginning. They want you to buy the scams that they have speculated in or the scams that they were paid to hype and advertise.  Each model is driven by tens of thousands of data points analyzed weekly. And both come together to support seven forecasts for 2019 and beyond …
Forecast #1
Bitcoin will be increasingly used as a store of value.
Bitcoin costs virtually nothing to store. It’s extremely efficient to transport. It’s secure. And it cannot be confiscated by any government.
No other asset provides that combination of properties. And consequently, no other asset can currently compete with Bitcoin as a store of value.
Result: Bitcoin is on its way to becoming a veritable digital gold.
Forecast #2
The price of Bitcoin will rise again and head for new all-time highs.
Through 2015, Bitcoin had suffered four bear markets with declines of 70% or more.
Each time, the so-called “experts” wrote its obituary. But each time, Bitcoin recovered and embarked on a new bull market that delivered average gains of 6,300% from bottom to peak.
Then, last year, we witnessed Bitcoin’s fifth major bear market. And again, experts came out of the woodwork to declare that “Bitcoin is dead.”
What few people recognize is that, thanks to the 2018 price declines, most of the weakest hands in the market have departed. Meanwhile, stronger diehard believers have held firm or even accumulated more Bitcoin.
Distributed Ledger Technology has continued to advance, as major progress was made in fixing known deficiencies in first-generation cryptos.
Among select coins, adoption has improved dramatically.
And overall, the groundwork was laid for a new bull market.
Result: In 2019, much as it did after prior bear markets, Bitcoin will again rise up and head for new all-time highs.
Forecast #3
Select altcoins will rise from relative obscurity to as much as 20 times their previous all-time highs.
Altcoins are typically less well-known and less liquid. But among them, a select few with superior technology will get traction in the real world with increasing adoption. They will ultimately return to their all-time highs. And some could rise a lot further — to as much as 20 times their prior peaks.
Forecast #4
A select group of cryptos will compete to build a new kind of internet.
Coins like EOS, Cardano, Holochain and others are currently leading the charge to create Internet 3.0 — a more secure and more sustainable worldwide web.
Other cryptos are in the wings and not yet even on the market. Meanwhile, many me-too competitors are also jumping into this space.
Most will eventually fail. But the potential prize is enormous. If the most advanced cryptocurrencies succeed in creating Internet 3.0 as proposed, they could someday be worth trillions of dollars in market cap.
Forecast #5
Another select group of cryptocurrencies will disrupt the world of banking.
Bitcoin was created to be a new kind of digital payment network, but has so far failed to achieve that goal.
Meanwhile, however, Ripple’s XRP and Stellar are rising to the challenge. They have the potential to disrupt financial markets, remittances, wire transfers and much more.
Ripple’s XRP, in particular, is aiming to disrupt SWIFT, the giant payments network of the global banking system. If it can manage to chip away at SWIFT’s market share and even replace it in some areas, there’s a chance that XRP could eventually become the world’s No. 1 cryptocurrency.
Forecast #6
Bitcoin me-too coins will fade away.
Many cryptocurrencies are going to disappear for the simple reason that they bring virtually nothing new to the table.
Even among the top 10 by market cap, several fit this description, including Bitcoin Cash, Bitcoin SV and Litecoin.
There’s no innovative use case for them. They’re likely to fade away over time.
Forecast #7
New coins will rocket to the top 10.
New coins like Holochain, Hedera Hashgraph and others, although still relatively obscure today, will burst onto the scene and could rocket to the top 10 by market cap.
These are non-blockchain distributed ledger projects that could become the new trust layer of the internet. As such, their tokens could rise in value more rapidly than those of their blockchain competitors.Read in full https://weisscryptocurrencyratings.com/news/crypto-forecasts-2019-beyond-1759 |
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This is Tone Vays. The person who predicted that bitcoin's all time high will be about $7000 on 2017. I reckon it was where he liquidated his long positions hehehe. In any case, will he be wrong again on predicting the bottom? Arthur Hayes of Bitmex predicted his bottom on $2500.  In a recent episode of On The Record, Vays spoke with Murad Mahmudov on all things crypto, revealing that he’s 85% certain that Bitcoin has not yet made a true bottom.
In fact, Vays believes that there’s a 40% chance that the true bottom will be between $1-2K and that there is a 10% chance that Bitcoin will go under $1,000. Based on the discussion, it seems that Vays agrees many altcoins are still far too expensive for the bear market to be over. This includes names like Ethereum (ETH), EOS, Cardano (ADA), XRP and Bitcoin Cash (BCH).
On the other end of the spectrum, Vays predicts that the crypto market will not see all-time highs again, including Bitcoin to $20K, likely until 2020. That means that he sees the next two years as a choppy trading environment.Read in full https://sludgefeed.com/tone-vayes-sets-1800-for-bitcoin-bottom/ |
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@BitHolder. I reckon interest bearing accounts are the next step in development among exchanges. It would also be good used as a marketing and promotional tool to attract users.
I predict that Coinbase will be one of the first exchanges to have it.
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This is harsh, and curious that they are requesting bitcoin rather than monero. For something as big as this you would think that they would ask for payment in privacy coins like xspec instead
I almost wanted to give you a merit for your reply right until I read that you also recommended xspec hehehe. In any case, agreed. The Darkoverlord hacking group might still have to learn more about the cryptospace before making cryptocoin ransoms. |
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@passwordnow. It is for that rationalization why we might witness one of litecoin's biggest pumps during the next bull market. Those rationalizations being, Charlie Lee is a wolf in sheep's clothing and that he is making his moves for spreading litecoin's brand awareness.
This might be a sign that he is buying low and setting up litecoin for its biggest pump.
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I'm actually glad that people didn't respond to this, because that would be an absolute nightmare. If one person could get people to do this, it would show how much more stupid the majority is.
I would be shocked to find out that exchanges don't gamble with people's funds on the market. It's easy to access, and they have enough in their reserve to have the small minority that does cash out still cash out.
Banks haven't been doing anything else throughout their existence with people's funds, so why should crypto exchanges be different? Most of them are even more shady....
I reckon that would be a reason more to respond to it and withdraw their coins. Yes, we know that exchanges gamble with the people's funds. However there should be transparency. In any case, exchanges should offer interest bearing accounts that are opt in to give the people the choice if they want their funds to be gambled or not. |
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What are the possibilities for Floyd versus Pacman 2 if Manny wins dominantly where he gives Adrien Broner a pair of biological sunglasses hehehe? High chance, medium or low?
Actually, there's a high possibility of a rematch between Floyd and Manny but I eill not be surprised if some audience will be no longer interested because even me was really disappointed on their last match. I thought that it will be a bloody and action packed but it wasn't. Floyd do nothing but to run, do some punches and run again  . For me, a more interesting fight to look forward is between Pacman and Maidana. I really exvited for this one, I hope it will happen soon. The last fight of Pacman and Mayweather was called " the Fight of the Century, or the Battle for Greatness" and it happened last 2015, that was 3 years ago, maybe after the fight we thought of not watching them again in case there's a possible rematch but people had forgotten that already, now they are making their names heard again and the hype starts. I was one of the disappointed boxing fan on their last fight but now I'm ready to watch them fight again, I'm sure pacman has no excuses now. I reckon Manny fell victim to the I cannot lose therefore I will make an excuse syndrome after the loss and a lackluster performance. However, similiar to the cryptospace, if the everyone is ready for another ICO scam hype again, then do the show. I also am ready hehehe. Also, Manny has tweeted that for 2019, he will only fight experienced fighters who are the same size as him or bigger. A jab to Floyd when he fought Tenshin hehehe. |
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@peter0425. Read the news sometimes. Dana already said that there will be no rematch because Amanda Nunes dominated Chris Cyborg. He would be creating a different storyboard if the fight was so close, however. But we have what we have hehehe.
~ snip ~ There was a video circulating lately that showed Cyborg take a nasty fall from a trolley, that was right before her fight with Nunes, so it's not impossible to think that the damage from the fall impacted her ability to fight. I mean let's be realistic, Cyborg is an absolute monster, before this fight there was no reason to suspect that Nunes would dominate her in such a fashion. Since this was a relatively quick defeat, we can reasonably assume that Cyborg either had a bad day, or Nunes got particularly lucky. I really doubt that Nunes would dominate her again. That being said, Nunes is also a beast, so I imagine the next fight will be more competitive. It's either Cyborg was affected by that trolley incident or she just grew old overnight, we will never know the reason behind. I also think that there's no need for a rematch at this point. And as far as I can remember, Cyborg has only 1 fight left in her contract so I doubt we will a rematch unless Dana signs her to a new contract that will make the fight possible in the future. Excuses. Each fighter who has believed that they would not lose always look for a way out to change the public's perception of the loss. It was similar to Joanna Jedrzejczyk's situation after her loss to humble Rose Namajunas. Joanna gave excuses then she got the rematch. However, what occured in the rematch? |
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Thank you and may 2019 be a good year for everyone!
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In a report earlier this week, it was gathered that a recent survey conducted in China brought a result of 66% saying there's no need for Bitcoin and other cryptocurencies. Do you consider this a FUD or it's the actual representation of their thoughts?
It is unnecessary for each of them until their authoritative goverment orders the banks to seize their bank accounts for some reason. Also those people who took the survey are possibly those ordinary residents who care only to go to school, work and die peacefully. |
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What are the possibilities for Floyd versus Pacman 2 if Manny wins dominantly where he gives Adrien Broner a pair of biological sunglasses hehehe? High chance, medium or low?
I reckon the fans are ready for another super fight.
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I reckon not one of the people who posted in the thread read after the title hehehe. Please read the post and also the news and share your ideas or assessment.
In any case, I never trusted Charlie Lee. He might be a wolf in sheep's clothing.
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Well, I was all a victim to this new HitBTC's action. My account was frozen January 1st, 2019 for an unnecessary reason. Thank god my mourning period is going to be over today. I feel really sad for HitBTC suspending my account though.  It said that your account will be frozen until January 3. It must be the proof of keys movement they are attempting to stop. I reckon HitBTC has the right to, however it also communicates the message the the proof of keys movement was trying to make. Not your keys, not your coins. |
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@peter0425. Read the news sometimes. Dana already said that there will be no rematch because Amanda Nunes dominated Chris Cyborg. He would be creating a different storyboard if the fight was so close, however. But we have what we have hehehe.
It's possible there will be a rematch but soon. I read an article that Cyborg wants an immediate rematch from Amanda Nunes as she said "of course" but Dana White don't think this is the right time. He's figuring out what's next for Cyborg before the rematch. I would like also to pay to have the their rematch soon not immediately. I reckon that was not what the message that Dana White was giving during the post fight interviews. There will not be a rematch for Cyborg and Amanda Nunes, saving that Cyborg proves herself worthy. In any case, it will take a much later time than soon. Did you watch the fight? Would a rematch of that fight sell? It will not, I reckon. |
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The MMA experience of Tenshin Nasukawa is useless since its boxing rules. I was surprised that the fight was uploaded in Youtube after reading the rules set by Floyd, I thought the fight will not be uploaded since there's a media black out, I guess there's a change of plans and someone again earned from doing this.
Floyd - 1
Boxing and MMA Fans - 0
The fight video was pretty lame. Would Floyd have won if his opponent could have used his legs? I doubt it. Yet he was still strutting around like he had just retained his belt or something. It's hard to believe anybody made any money here except for Floyd. Like many others, I'd like to see him fight Pacquiao again, but quite honestly I can't see the fight ending any other way than it did the last time. What would possibly change between last time and the next time? Both are getting older at the same rate after all. I quite enjoyed it hehehe. Especially after the body shot that caused the first knock down that showed the face Tenshin Nasukawa made. I reckon he suddenly became aware that the fight was not an exhibition for Floyd, but real and Floyd was there to kill him. Maybe Floyd scammed the Rizin Fighting Federation by pretending to agree that it would only be an exhibition hehehe. |
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@everyone. Remove all your Aeons from HitBTC. The stories about its indiscriminate freezing of accounts and not allowing people to withdraw are starting to go around and posted in different bitcoin news media websites.
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I like what the Litecoin Foundation is doing by beginning to set up a storyboard that adoption is the main purpose of litecoin's advertising and brand awareness campaign. However, Charlie Lee is known to tweet about cryptocoins, litecoin also, and influence them to pump or to dump. This brand awareness campaign of his might not be a move for mass adoption, but a preparation for litecoin's biggest pump.  On Saturday, Dec 29, 2018, the UFC 232: Jones Vs. Gustaffson 2 event included the Litecoin Foundation (Litecoin) as the UFC’s first official cryptocurrency partner. Since the fight, some have wondered whether partnerships between sporting organizations and cryptocurrency companies can lead to the mass adoption of cryptocurrency.
The UFC is not the first sporting organization to include a cryptocurrency partner or sponsor. Several European soccer/football teams have had crypto sponsors. In 2014, Dogecoin sponsored NASCAR driver Josh Wise. The Dogecoin logo and mascot appeared on the number 98 race car at a number of races. On May 4, 2014, the car was featured for a brief period as commentators discussed Dogecoin and cryptocurrency. These and other partnerships and sponsorships have created avenues in which awareness was raised to the existence of cryptocurrencies. Such awareness might not have otherwise been raised. As more partnerships and sponsorships emerge, awareness is maintained.
Awareness raising is an important preliminary step for the mass adoption of cryptocurrencies. CLICK TO TWEET
If people are not aware of their existence, they are not likely to use them in their daily lives. However, people are also prone to forget things after they happen. Thus, awareness maintenance becomes a second step toward the mass adoption of cryptocurrenciesRead in full https://beincrypto.com/will-litecoin-ufc-partnership-lead-to-mass-adoption/ |
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