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@figmentofmyass. Agreed. One spark away from a bull market might only occur if there was no futures market which is what the article is speculating.
We might not be in this bear market if there was no bitcoin futures market hehehe.
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@jeremypwr. Payment also received. Thank you!
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@eaLity. Agreed! What are the chances that the fight was fixed and Tyson Fury went down 2 times on purpose to make this fight end on a draw?
I reckon a draw would give the sportsbooks with a large win from the bettors hehe.
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No predictions and all hope of $15k by December 31 might already have gone away from our favorite bitcoin bull, Tom Lee. He is saying that he likes Ethereum and Ripple, however. Did he sell some of his funds' bitcoins to hold Ethereum and Ripple? Maybe he did hehehe.  Diehard Bitcoin bull Tom Lee, the head of research at New York-based Fundstrat Global Advisors, recently sat down with CoinTelegraph to provide his insights into the recent Bitcoin (BTC) crash. Although Lee is often lambasted for his overly bullish calls, such as his forecast for BTC to eclipse $15,000, the Fundstrat representative staved away from issuing price predictions in this interview.
Although Lee went on to note that “some crypto projects are probably hopeless,” the Fundstrat in-house crypto savant explained that notable players, like Bitcoin, Ethereum, and XRP, likely have the highest chance of surviving, especially in stormy market conditions.Read in full https://ethereumworldnews.com/tom-lee-bitcoin-xrp-ether-staying-power-2019/ |
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I reckon the G20 nations can never fully enforce any regulations forced on the cryptospace. However, it also stengthens the rationalization to use fungible and anonymous cryptocoins like Monero and Aeon. If those Iranian ransomware facilitators knew of and used a strong anonymous coin, they would never have problems in moving them or trading to fiat or bitcoin.  In relation to cryptocurrencies or “crypto-assets” as they are referred to in the document, the G20 has agreed to a regulatory approach in line with FATF standards. Section 25 of the official declaration reads:
"We will regulate crypto-assets for anti-money laundering and countering the financing of terrorism in line with FATF standards and we will consider other responses as needed."
In addition, the countries will work together and monitor the digitization of the global economy that’s happening at a rapid pace. An excerpt from section 26 reads:
"We will continue to work together to seek a consensus-based solution to address the impacts of the digitization of the economy on the international tax system with an update in 2019 and a final report in 2020."
Bitcoinist reported last week that the U.S. has taken the first-ever action against two Iranian ransomware “facilitators.” The U.S. Treasury’s Office of Foreign Assets Control (OFAC) published two Bitcoin wallet addresses warning the cryptocurrency and financial communities that anyone transacting with the accused could be subject to secondary sanctions.
However, it still doubtful that these measures will be successful in preventing Bitcoin and cryptocurrency transactions at the protocol level. In fact, Bitcoin was intentionally designed to be censorship resistant, borderless and politically nuetral form of money.Read in full https://bitcoinist.com/g20-regulate-cryptocurrencies-fatf/ |
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Seems like $4,000 becomes a new floor, we'll likely to see another few months of stagnation and then the price will move again - either a new drop to $3k or a rise to $5k. But this all doesn't matter in longer run, sooner or later the bear market will end and the new bull cycle will start. Now is a very good time to start accumulating coins for the next run.
It's the new floor until someone dumps again and creates a lower new floor hehehe. Similar comments were said of $6000 with many traders confidently stating that it is the floor and also advicing that buying on a price near it was good. However, we are hardened bagholders who are used to waiting for the next bull market hehe. |
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Is the letter published by the Federal Reserve real? The link in the article of the said letter goes to another bitcoinnews.com story about games in the cryptospace that is not related to this article.
In any case, is this another example of incomepetent reporting by the bitcoin news media or fud spreading?
It wasn't The Fed like the article makes it sound. It was the Federal Reserve Bank of San Francisco. It was basically a research paper (done by their researchers and a Stanford professor), sort of in the vein of some of BitMEX Research's stuff. I think there's some substance to what they're saying here: We suggest that the rapid rise of the price of bitcoin and its decline following issuance of futures on the CME is consistent with pricing dynamics suggested elsewhere in financial theory and with previously observed trading behavior. Namely, optimists bid up the price before financial instruments are available to short the market (Fostel and Geanakoplos 2012). Once derivatives markets become sufficiently deep, short-selling pressure from pessimists leads to a sharp decline in value. I think this was apparent in 2014 too. Bitfinex was just becoming a prominent, liquid exchange at the end of 2013, and it was the first place you could easily short BTC. Then came the longest bear market in history! You can see BitMEX's volume rose similarly at the end of the 2017 bubble (and has only continued to rise since). I don't think it's a coincidence. CME's volume is pretty high, so although there is no direct arbitrage, maybe people follow it. Hehehe we are tricked by another clickbait article from the bitcoin news media once again. However, I agree that the Federal Reserve of San Francisco's research has some substance. Does this then imply that the bear market will be longer than speculated? |
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The Second Coming of Satoshi Nakamoto has finally occurred...
Several long-term hodlers pointed out that the poster was unlikely to be the “real” Satoshi Nakamoto....
this is the dumbest article that they could have written! started with saying it is satoshi when it obviously is not! and then saying "long term holders" pointed out he is not! what does that even mean? why do you need a long term holder to know whether some random comment posted on the internet doesn't belong to Satoshi? doesn't matter what account it comes from and where it is posted. if Satoshi wanted to come out, he wouldn't come out on a centralized platform that has been hacked. he would come out using decentralized methods which people can easily verify eg. signing a message from one of his keys. I hope that day does not come hehehe. Visualize someone signing a message from a private key that holds the billions in bitcoin that can destroy the whole market. He would become a threat. |
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Lottery time hehehe.
Username: bbc.reporter
Post Count: 4704
BTC Address (must be Segwit): 32ejEed1BgTsQFw9RaMsTYinXvT8W94Rsg
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@coloseum. However, if another Asic manufacturer creates Asics for Monero and our new proof of work algorithm, would we need to change it again? Is this the downright, best longterm solution to the problem? I reckon, certainly no.
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My first question is, what was Satoshi's last post in P2P Foundation's forum before posting the word nour? Was it I am not Dorian? Also, how high is the possibility that his account in the P2P Foundation is hacked?  The Second Coming of Satoshi Nakamoto has finally occurred, and the result is…. unexpected. In a twist worthy of Douglas Adams, the creator of Bitcoin logged into to an obscure web forum to leave a cryptic, one-word epistle:
“Nour”
Several long-term hodlers pointed out that the poster was unlikely to be the “real” Satoshi Nakamoto, whose email provider was hacked in 2014. But those Grinches didn’t stop the internet from donning its tinfoil hat to decipher the secret message.
Some noticed that it’s kind of like “Noor,” which is Arabic for “light” and true believers in Litecoin forums wondered if perhaps the Creator had forgiven Charlie Lee. Others wondered if Satoshi might be plugging the Lightning Network, the elaborate scaling solution built on the software designs of Rube Goldberg.
It’s also possible that Satoshi is offering a clue to his shocking true identity: in which case, Nouriel Roubini – ‘Dr Doom’ – has been engaged in a double-bluff so cunning, you could brush your teeth with it.
The reclusive Bitcoin creator also took the time to make a friend: a heretofore unknown Brazilian marketing specialist by the name of Wagner Tamanaha.Read in full https://cryptobriefing.com/satoshi-reappearance-surprising-candidate/ |
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Is the letter published by the Federal Reserve real? The link in the article of the said letter goes to another bitcoinnews.com story about games in the cryptospace that is not related to this article. In any case, is this another example of incomepetent reporting by the bitcoin news media or fud spreading?  In a statement widely overlooked by the Bitcoin community, the Federal Reserve published a letter on its website in May 2018 blaming the launch of Bitcoin futures markets on the Chicago Mercantile Exchange (CME) for the decline of Bitcoin’s price.
The Federal Reserve says this sort of market behavior has been observed in other asset classes when futures markets are introduced. Specifically, it mentions how the mortgage industry boom was reversed when futures markets for mortgage securities were launched.
Its reason for this is that when a new asset class is born, there are optimistic investors who buy it up, driving the market upwards. However, pessimistic investors have no voice and no way to bet against an asset’s value, until futures markets are launched. Once futures markets are launched, pessimistic investors can short sell, where they buy futures contracts via a loan, sell them for cash and then buy back the contracts later at a lower price before the contracts expire.
The Federal Reserve implicitly says that Bitcoin would have kept rising past USD 20,000 if CME had not launched Bitcoin futures and explicitly says the CME Bitcoin futures are the exact reason for the beginning of Bitcoin’s price collapse.
Further, the investment opportunity presented by Bitcoin futures diverts investment away from the spot markets. Bitcoin futures on CME are cash settled, meaning no Bitcoins are backing them. Therefore, investment into the futures does not increase spot demand for Bitcoin but in fact, causes Bitcoin’s price to be lower since the money invested into the futures is diverted from the spot market.
The Federal Reserve explains how the combination of short selling and diversion of investment away from the spot markets creates a feedback loop which forces Bitcoin’s price lower.Read in full https://bitcoinnews.com/federal-reserve-cme-bitcoin-futures-prompted-bear-market/ |
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However, some people in the Aeon subreddit are already speculating if she is dumping her Aeons in favor of making another investment
So what? If AEON is money. Then everyone is allowed to do with it weather it pleases them. If AEON is not money and there are some people that decide when I should spend it and for what I should spend it, then I personally dont care about AEON anymore and dont want it anymore. No one got any AEON for free. Everyone had to buy them or mine them. When they bought them or pay electricity to mine them, they risked value will decrease. And no central bank would replace their lost value if that would happen. Agreed. However, I also do have my right to speculate and care how valuable Aeon presently is. I am a holder like anyone of you. If an influencial whale might be dumping his or her coins, am I not allowed to speculate why? |
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@kkkwww. Those short days are gone. The Aeon community have made the decision to follow Monero and change to another algorithm to kill Asics. Which might be a mistake. We would have the most hashrate if we stayed with the old algorithm and let game theory do its work.
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What teams would then be most likely reach or maybe win the Eastern conference finals besides the Raptors and what are those teams' chances in order?
Also, are there good basketball tipsters in the here? hehehe
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It would also be preferable to be as close to Monero's codebase as possible [...] I reckon we might have a better project.
How could it possibly be better if it is almost identical? These are our advantages while maintaining our codebase close to Monero. We have a smaller blockchain for an easier initial sync. We also have the Monero developers working for Aeon because smooth and stoffu can copy the code that Aeon needs anytime while doing improvements of their own. But I do not know how advantageous cryptonight light is anymore, with the 1mb scratchpad instead of 2? |
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“What investors expect is that trading in that commodity that’s underlying the ETF is free from the risk or significant risk of manipulation,” said Clayton. “Those kinds of safeguards don’t exist in many of the markets where digital currencies trade.”[/i] Read in full https://btcmanager.com/bitcoin-etf-sec-annoucement/ Risk of manipulation? Gold has been proven to be manipulated, and yet they allow gold etfs Most markets are easily manipulated by market movers on a daily basis. Why? It is because gold is manipulated by the monarchs of the banking industry which are the masters of all the world's governments. There will only be an ETF approved for bitcoin once the monarchs have already won enough control of all trading for the bitcoin market. |
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Actually had no idea CTelegraph and CIdol were owned by the same person. I suppose it now makes sense, CT's pretty decent when it comes to comparisons, but yeah Idol's quite something else. Want to say the opposite of CT except that they're generally half-heartedly cynical with their illustrations (or clueless, depending on your viewpoint). I actually feel Idol's deliberately tongue in cheek at times, specially with those cartoon Avengers-bordering-on-image-rights characters that are so much more original than their content.
You guys are a tough bunch, but you only need to read the odd Bitcoin-related article from say Economist ro realise the credible guys actually don't know what they're going on about either.
Cointelegraph is as bad as Coinidol and knowing that they are from the same owner is not a surprise anymore hehehe. Also, it cannot be a good reason to compare Cointelegraph's incompetence to mainstream media's incompetence in reporting about bitcoin. They both are incompetent and might also be corrupt. |
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@jeremypwr. Will this campaign be extended like Bitcasino's campaign?
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I reckon the best strategy for those types of tipsters would be to bet on the opposite side of their tips and post something in their social media accounts saying no 30% cut for you hehehe.
Can anyone share those tipsters' social media accounts? Thank you.
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