Who is expecting an influx of capital? Them? I doubt anyone else is.
Three hacks and a month of wallet closures is not an attractive prospect for any right thinking human. Fool me thrice is certainly pushing things further than most people are willing to go.
Agreed. Also, the nature of ease of moving cryptocoins from address to address without limitations to geographical locations, and anonymously would make employees or operators themselves to do inside jobs to steal from their own businesses. |
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Also, there are much more complaints on HitBTC from their users in the past few weeks. There are many of them that are not recieiving their withdrawals and rumors of an exit scam are in the news.
That's been going on for more than a few weeks  I know about the story about HitBTC's selective way of freezing user's cryptocoins, but this is different. It appears that it's occuring more often. It will not be a shock for me if HitBTC is operating a fractional reserve. |
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Also, there are much more complaints on HitBTC from their users in the past few weeks. There are many of them that are not recieiving their withdrawals and rumors of an exit scam are in the news.
I would advice everyone to stop using HitBTC for any of your cryptocoin buying or trading.
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@prolambo. Would you agree to be reported to the moderators for asking for merit by some of those who followed your advice losses their investments hehehe.
In any case, everyone should be careful and know that this is a pump and dump.
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I'd say that bitcoin's $6k price level was definitely close to the bottom, if not the definitive bottom.
I'm just uncertain as to whether the bearish sentiment in the market would continue longer before the bull market actually comes. Right now, even though we've seen some small bull runs, I think that it's safe to say that we're nowhere close to a bull market yet.
The lowest BTC can go is probably $4-5k within this bear market, in my opinion, under which there will just be too much demand for prices to keep falling. But whether this rally is going to be the start of a recovery or just temporary and will correct is unknown at this stage.
I reckon one of the good ways to find if there is demand for prices to keep falling is to look at the data on short selling and long buying in different exchanges. I reckon some exchanges let users peer though this data by using their API or directly from their sites. https://datamish.comThere are more longs than shorts at this moment. |
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It might be good for speculation and the price, but ETFs will not help in what the real bitcoiners want. Adoption. Also, ETFs are only good for those few large specialized investors called authorized participants because they hold your bitcoins, while you hold a useless ETF. I reckon the approval will pump bitcoin, but it will also dump bitcoin after a short time when the news of the approval is released.  BitMEX’s CEO sees that acceptance of such a fund will produce a capital influx from retail investors, as an ETF streamlines the process of onboarding fiat into this industry, stating:
“Retail traders do not want to have to worry about securing a Bitcoin wallet, where do they buy it from, using the different exchanges. So if all they have to do is to click on their E*Trade, Scottrade, Interactive Brokers, 401k (etc.), to buy an ETF that gives them exposure to Bitcoin, but not allow them to experience the risks of holding it, that is a very powerful way for them (retail investors) to get involved”
Closing off his time on the show, Hayes tripled-down on his $50,000 price prediction, expecting that a positive ETF verdict will push the price of Bitcoin to the stratosphere.
While some may be skeptical of his analysis and speculation, Hayes perpetually keeps his ear to the ground of this industry, so it is likely that his statements hold some credence.Read in full https://ethereumworldnews.com/bitmex-ceo-bitcoin-etf-adoption-50k-prediction/ |
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This is good news but would the holders really waste their cryptocoins to buy some movie tickets and popcorn? Did RapidzPay really think people will start using their bitcoins to buy useless things because they made an app?  Major Cineplex Group has partnered up with the mobile app RapidzPay in a move to allow its users the ability to use cryptocurrencies to pay for various services at the movie theatre’s numerous locations.
RapidzPay is an application which delivers personal and corporate payment solutions through a decentralized blockchain-based platform. In order for merchants to collect cryptocurrency payments, they have to integrate the RapidzPOS. Individuals can then use the mobile app to buy any services they need, paying with their digital currencies.
Speaking on the matter, Chanya Tamrongweenichai, Director of Marketing at Major Cineplex Group noted:
With RapidzPOS and the RapidzPay mobile app, you’ll be able to buy any services and products from us, such as movie tickets, popcorn and other different products with cryptocurrency. […] Also, we believe that RapidzPay will expand to our other businesses and lead the change for Thailand’s financial ecosystem to be cashless. Read in full https://bitcoinist.com/thailands-largest-movie-theater-chain-accept-cryptocurrencies/ |
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They'll have to shift to something else, but who knows what the hell that will be. Also, competitors will be nipping at their heels - everyone wants a piece of that billion dollar revenue pie.
I reckon Asics for the other mining algorithms which they already begun, but that will not be enough. They want to manufacture a machine for all highly liquid cryptocoin. Then diversify to cryptocoin hedgefunds hehe, or maybe datacenters for blockchains? |
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I reckon all the casual holders have sold and left Aeon behind for good?
The price has been very flat since March. That is 5 months of what I assume would be some accumulation by the whales in preparation for the next pump hehehe.
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$25 for an uber ride? $50 round trip? Shocked How much do they charge per mile/kilometer? Huh Maybe I've been living under a rock but that sounds crazy to me.
Cool story. I didn't realize you lived in vegas or near to a place where gambling is legal enough to be savvy @ house games. Is it based on a true story or personal experience? Also how has MMA betting been going for you? I have not seen you post in any of the recent UFC threads for awhile. I've never been to Vegas but it could be cool to visit someday to gamble on MMA e The story is real and from a guest writer. Ive been to vegas, im mostly playing craps and bac in London. Ive been doing good in German Soccer and MMA you can follow my picks at https://t.me/degensignals I will try to get back to posting in the MMA threads here too. You also love the NFL, I reckon? I am a casual football fan and I would like to listen to more of your game analysis and why you make your bets every week in the NFL betting thread. Thank you. https://bitcointalk.org/index.php?topic=4753009.0 |
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Hey guys, A massive thanks for your feedback and your kind words folks - it's really appreciated. I acknowledge the leaderboard feedback and will raise it at our next chat about it. Fair point and thank you! The promo is still running here: https://sportsbet.io/promotions/quickspin-summer-tournament Our price boost promo is still running here: https://sportsbet.io/promotions/price-boost-leaderboard Basically, we offer one price boost, per sport, per day so that you can get even better odds on whatever market it is that you choose to use it on. Pretty cool feature. There are a few matches in the Champions Cup tonight - Manchester United versus Real Madrid probably being the best out of the games. There is tennis too with Serena Williams playing against Konta. Looking to the future, we are still looking forward to the start of the Premier League season. Our promo that we are developing is pretty cool (it's coming soon!). The Bundesliga, Serie A, La Liga and Ligue 1 will also be pretty exciting. Not to mention the Champions League! MMA-wise we are still intrigued at Darren Till getting a shot at Tyron Woodley. We have also heard rumours that Conor McGregor will take on Khabib in the near future. Perhaps that what was why Conor took that time off? Who would win that one?Apart from that - let us know what you like (the spins are getting a lot of love), and which sports and markets you like. Should you have any individual account queries or issues, please contact our support at cs@sportsbet.io or our Live Chat and we will be more than happy to help! Best, Mark Sportsbet.io team It is because Dana will not give Tyron the big money fights because Tyron is a complainer. He complained on what fights he wants and did not get, he also complained that there is racisim in the UFC and other childish complaints. I reckon the best move for Tyron will be to go to middleweight and fight Robert Whitaker. Also, Conor is rich now. He will not fight in MMA anymore except if he needs the money hehehe. In any case, why not make it a specials bet? Will Conor fight again before December 31, 2018? |
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The bitcoin price went from 6000 to 8000 USD and all the optimism about the future bitcoin price flooded the crypto world again.We have hundreds of "predictions" by the so called "crypto experts" that the btc price will be 50K,100K,500K or 2M after X amount of time.Where were those predictions last month,when the price was under 6K?Those guys were hiding in a rabit hole back then,now they scream "BUY" all over the place.
to be fair many of them used to say basically the same thing before this rise happened too. for example that Chinese dude OP keeps quoting (Tom Lee?) has been a bull for as long as I can tell. he has been saying price will rise up even when it was going down. the only difference is that during a drop the media tends to post and magnify the negative speculations talking about devastating drops and during rises they do the exact opposite by posting the hyped up huge rises. Also, we are easily manipulated by the mainstream and bitcoin news media. We resent a bull in bearish times, and we resent the bear in bullish times because we are always caught in the market moments of mania or depression. In any case, bitcoin is below $8000 now and dropping. I hope Tom Lee is in the news again to confidently state his $25,000 prediction one more time hehehe. |
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That's no joke. I really hope we see stronger competitors emerge in the next year or so.
There should be if a startup from China can make $1.1 billion in only 1 quarter. The cryptocoin mining industry has become a very big pie that surely many other entrepreneurs would want to compete for a piece. That won't be happening anytime soon imo. Jihan has got the resources to buy up the best engineers and pay them 200% more than a startup could offer. Also, Chinese people have a culture to Follow the master, So for these engineers, if they get an offer from Bitmain "The master" in this case. Do you really think they won't accept it? The reason Bitmain has reached the stage at which it is purely because of these Cultural values. Plus it's not easy to find engineers who have such extensive knowledge of Cryptos along with ASIC Design. This field requires research and money which not every startup is blessed with. Unless the startup can land an Angel Investor, the chances of a competition rising are slim. But that is $1.1 billion in only 1 quarter, and another projected $3 billion for the rest of the year from only just a 6 year old startup. Bigger, older companies that have the resources to compete would surely also want their piece of that pie for themselves. |
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I confirm that I received the free bets. Thank you.
@o_e_l_e_o. The old addresses should still work, I reckon.
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@LTU_btc. Redbull must love having engine problems because they will get more of them next year when the start using the Honda engines hehehe.
Also, Lewis was very lucky in the last 2 races because of rain.
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I reckon Dana's storyboard for bantamweight will be if Cody wins, then him versus T.J. will become a trilogy and the loser of the 3rd fight will fight Dominick Cruz. If T.J. wins then his next fight will be versus Mighty Mouse and then the loser Cody will fight Dominick Cruz.
Also, Dana's main storyboard is for Dominick Cruz to return as a champion and let him move up to featherweight for a superfight versus Max Holloway. The UFC needs the money hehehe.
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@exstasie. Agreed. I also thought it was reasonable of Pantera to give their price prediction enough time to be fulfilled, if it is to be so hehe.
Maybe this question should be raised. Is Pantera's prediction reasonable enough for you?
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I reckon this is only 1 of the very few things that Vitalik said that I agree to as a humble follower of the cryptospace. ETFs make bitcoin more accessible only to the institutional investors, but not the common people. If real adoption was the plan, then wouldn't it be more preferable to make bitcoin more accessible to the common people through other methods? I am not fully convinced in Vitalik's idea of cryptocards but there must be other ways.  Vitalik Buterin took it to Twitter to finally weight in on the recent EFT rejection which was, arguably, the biggest news of the previous week. While he does not deny the importance of crypto ETFs, he believes that there is too much hype surrounding this issue and offers a different mainstream adoption solution.
SEC’s decision to reject Winklevoss brothers’ application suddenly made many crypto enthusiasts feel lost and bearish. However, Buterin didn’t seem to be excessively bothered by that. The Ethereum co-founder proposes preloaded crypto card as a more effective way of popularizing crypto.
Buterin’s tweet provoked a heated discussing that generated hundreds of replies. Some users were skeptical whether the preloaded cards would be able to push crypto adoption to a new level by replacing traditional currencies. While other individuals are certain that Buterin is too dismissive about ETFs, as both ETFs and crypto cards are equally important for the industryRead in full https://cryptocomes.com/vitalik-buterin-thinks-there-is-too-much-fuss-about-bitcoin-etfs-makes-emphasis-on-crypto-cards |
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That's no joke. I really hope we see stronger competitors emerge in the next year or so.
There should be if a startup from China can make $1.1 billion in only 1 quarter. The cryptocoin mining industry has become a very big pie that surely many other entrepreneurs would want to compete for a piece. |
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@Thekool1s. Agreed. There are some money laundering schemes that use offshore shell companies, but there are high ranking bank executives that provide money laundering as a service for criminals. Search for HSBC money laundering in Google and look at how corrupted they are.
Also, what the government wants is to control its constituents, not to give them freedom. Bitcoin gives freedom, and the government does not like that.
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