Mark that date because this is the final extension. As mentioned in the article, on February 27, 2019 the SEC will need to make a decision if they approve or reject VanEck's proposal. What a terrible time to put bitcoin in a period of uncertainty. What are your predictions, will the ETF be approved or rejected? I know my answer, but I reckon you would not like it. If the SEC really wanted to approve it, it would have been approved already.  Tom Lee waiting for the SEC's decisionThe U.S. Securities and Exchange Commission (SEC) extended a rule change proposal allowing the nation’s first bitcoin exchange-traded fund (ETF), pushing the decision deadline to next year.
In a notice posted online, the securities regulator said it was extending the review period for the ETF to Feb. 27, 2019. The proposal was first submitted by money manager VanEck and blockchain startup SolidX, who partnered with the Cboe exchange earlier this year.
Under SEC rules, a decision on the proposal cannot be delayed any further, meaning the next notice must either approve or reject the ETF.Read in full https://www.coindesk.com/sec-again-delays-decision-on-vaneck-solidx-bitcoin-etf |
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@cellard. Hehehe I reckon Max Holloway versus Brian Ortega is harder to predict than what you are seeing on paper. In the UFC the underdog has a bigger chance of winning, not like boxing or tennis or team sports.
Agreed on Valentina, however disagree on Joanna to retire if she loses this fight. Joanna is tougher in mind than Ronda Rousey.
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@fabiorem. The people were scammed to buy bitcoins on the all time high and they are also being scammed again to sell on very low prices. Who said that only ICO pumpers know how to scam? There are also Wall Street futures pumpers hehehe.
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@gentlemand. Also, bitcoin is be very easy to trace if governments use services like Chainalysis and other blockchain analytics services which is already detrimental to its fungibility.
In any case, the future is in anonymous cryptocoins and decentralized trading. Invest wisely hehehe.
The price exchanges will pay for their existence will be the shunning of privacy coins. Again, that's already happening in Japan - https://btcmanager.com/japan-pressures-cryptocurrency-exchanges-to-drop-monero-dash-other-altcoins/I dunno where this is all going to end up. There'll be some alarming moments along the way. Yes sirree. That might set up a high liquidity blackmarket for trading monero to bitcoin or fiat hehehe. Also, some governments will not pressure exchanges in their jurisdiction to delist anonymous cryptocoins, I reckon. Some very corrupt governments might welcome them hehehe. |
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thats not their responsibility or problem
Agreed! If Nitrogensports and Betbit give their users a way to deactivate their accounts, they would only gamble on another site or in a casino regardless hehehe. Do not gamble in bitcoin casinos if you want KYC and selfexclusion. Also, if you are a gambling addict, you should not be gambling!  |
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@bigslimvdub. That was the original vision for Aeon. However, I reckon that has changed clearly because of the lack of developers working on the project. The best way forward is to be similar to what the litecoin development team is doing and be a close copy to Monero's codebase.
We the same technology on a slimmer blockchain.
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@dothebeats. Agreed. It might not be the only reason, however it might be one of the biggest reasons why bitcoin went on a tremendous crash as explained in the article. I do not know whether to be bullish or bearish on this new article hehehe.  Nasdaq confirms it will list Bitcoin Futures
The UK’s Daily Express newspaper broke the news this morning, confirming recent rumours which had been circulating about the New York-based stock exchange.
The news should herald a wider acceptance of the cryptocurrency throughout the world, and is a huge step towards mass adoption.
According to the Express’s article, the Vice President of Nasdaq’s media team – Joseph Christinat – confirmed “Bitcoin Futures will be listed and it should launch in the first half of next year”.
Christinat added that Nasdaq were awaiting the green light from the Commodity Futures Trading Commission (CFTC), but suggested that was virtually signed and sealed.
“We’re doing this, and it’s happening,” he stressed, adding the current volatility in the market would have no bearing whatsoever on the decision to press ahead with the listing.Read in full https://coinrivet.com/nasdaq-confirms-it-will-list-bitcoin-futures/ |
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@gentlemand. Also, bitcoin is be very easy to trace if governments use services like Chainalysis and other blockchain analytics services which is already detrimental to its fungibility.
In any case, the future is in anonymous cryptocoins and decentralized trading. Invest wisely hehehe.
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I shake my head. How can a university professor be so negative on the likelihood of success of one of the most major breakthroughs of this century? I reckon he might be one of the less intelligent people of the staff of that university hehehe.
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@nydiacaskey01. Was Max Holloway removed from the fight because of injury again? Where is the announcement? The UFC website has Max listed as originally scheduled to fight Brian Ortega without any announcement of a change.
Also, why Renanto Moicano? hehehe
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Wow. The fight ended up in a controversial fashion I have Fury up on my scorecard. Fury showed a big heart and coming up from two knock downs. He controlled the first half of the rounds but wilder got round 9 and round 12 10-8 because of the knock down but its not enough to win the fight.
Judges' Scores: 115-111 for Wilder, 114-110 for Fury and 113-113 for the draw
I also had Tyson Fury still leading even though he was KD twice by Wilder. Although I thought that Fury will not get up from the second KD in round 12. Did anyone think that the referee gave him more than a 10 second count? Anyways, I heard that a rematch is on the horizon and it will be in UK. @bbc.reporter - I'm not sure about the fight being rigged. But I'm sure that a rematch will make both of them huge money. Yes, besides the possibility of corruption, there is also the possibility of a rematch which will make the promoters and every organization involved richer hehehe. We are always scammed in all aspects of life, I reckon. |
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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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