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821  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2018, 04:39:32 PM
It is busy here....

The last real 'crypto winter' we had saw WO thread activity drop right down - occasionally to just Chartbuddy posts for hours.  I hope we haven't got to go through that valley of despair and tumbleweed again to get to the sunny uplands?

The WO seems as busy as ever which hardly feels like capitulation, but surely the figures say if it's not here, it is close...

I hope so, I am standing with my fiat 12-bore at the edge of the woods to give those dips both barrels as I spot 'em.

822  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2018, 03:05:05 PM
@kurious Nice, thanks. All looks good to me apart from the 10K limit. Do bitcoin withdrawals count against that as well?

(protip - its really easy to up the daily withdraw limit to 100K or 250K (probably more but never tried) simply ask, and yee will be granted, there is an option to increase limits in the withdraw section)

You beat me to it, there was indeed an 'increase your limit' link by the daily limit, I should have said.  I assume 'ask and ye shall receive' to be the order of the day - I just haven't tried yet....

EDIT: Doh! I really shouldn't reply to posts before I have actually caught up on the thread.  It's just so busy here right now.  
823  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2018, 10:45:13 AM
TLDR:
Not traded or withdrawn yet, but with a UK Bank a/c it looks like a damn fast way to get fiat in - you're loaded up in minutes.
DYOR
I have recently withdrawn strait to my uk bank account. It was about one hour to show in my uk account

Impressive.  Any other issues?
824  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2018, 10:33:29 AM
Anyone used GDAX in London (GBP/BTC)?

You'll have to tell us how it goes if you do use them. I've also been thinking of hooking up now they supposedly have faster payments sorted out.

Well I sent a few quid in at 1.00am and it was there in minutes.

I had a coinbase account way back to try it out (it sucked) so I hadn't used it in years, but it did mean I didn't need to go through registration again to be on GDAX (or Coinbase Pro as it's called).

I have not bought yet (or tested withdrawls etc), I just wanted to be 'ready' and check it out.  

Initial impressions - albeit it was past my bedtime:

Normal-looking exchange trading deck.
Spread was as little as a penny up to around £10, looks like pretty good liquidity.
Pairs of GBP and EUR with ETH / ETC / Bcash / LTC and a short list of some crypto pairs inc USDC / ZEC and er... BAT  
You can see a USD exchange but not use it from a UK ip.
Didn't look into whether margin trading available.  API available.
GBP/USD price equivalence while I was there was a little over the actual price on Stamp - looked little under £15 more, make of that what you will.
Maker fees 0.0% taker 0.3% I haven't looked for into volume discounts, but it did seem to show a 30 day trade volume.
Withdrawal limit £10,000 /day - you can apply for higher.


TLDR:
Not traded or withdrawn yet, but with a UK Bank a/c it looks like a damn fast way to get fiat in - you're loaded up in minutes.
DYOR
825  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2018, 02:20:04 AM
Anyone used GDAX in London (GBP/BTC)?

Stamp is so difficult to get deposits into fast - I am wondering if it's a decent option as I can get money in damn quick and while I have used Stamp happily for USD/BTC since 2012, it is just torture getting USD deposits in from outside the US.

I know it's just Coinbase 'pro' but - I want to get rid of some fiat while the sale season is upon us.  It looks liquid enough there, at least.

EDIT: it's so late, I will need to get some sleep, but hope an OG here can offer an opinon... 
826  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 04, 2018, 11:08:17 PM
Potential flaws exist in most systems - even in Bitcoin, where exchanges in particular are hardly flawless, I think the effort to offer decentralised exchange is at the very least worthwhile.  

Superficially it looks better than buying drugs on the street - so I guess in the absence of evidence, I must do my own research and find out if there is evidence of absence (of security of transactions) in my own case.

Unless anyone else with any credibility has an account of an issue actually personally experienced.
827  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 04, 2018, 06:12:37 PM
Anyone feel that Monero is likely to be 'made illegal'?

Thoughts here: https://www.reddit.com/r/Monero/comments/a2p8cq/the_clock_is_ticking/

Hmm... to force exchanges to avoid privacy coins is feasible, but it would look as it is - overly authoritarian.  

If they try, it cannot be a global ban very easily, either.  I hope they won't try. I do think people would fight an overt 'ban' in most countries.  In an age where real money-laundering by massive banks is 'normal' - it would seem total hypocrisy to try to ban a coin with a transaction level such as that of Monero's.  

And if it becomes much bigger, I doubt it will be possible to try to ban it - as they may simply fail and create a coin that ONLY works underground and in illegal ways.  

<insert random Nietzsche quote here>

That's why I'm so happy to see a lot of people doing OTC trading/bisq usage from Monero people.  Seems like it's always the highest volume trading pair on bisq at least.  As long as someone is willing to sell and you are willing to buy, there will always be a market and decentralized exchanges will be in need.  

Even though I haven't used it in a while, bisq and other decentralized exchanges will have to be the answer if there is a ban on all KYC exchanges

I haven't ever used a decentralised exchange, but I will check Bisq out, I would like to support the concept at least.  But does it sort the fiat/crypto issue?

It’s a similar concept to localbitcoins, but with “honest” peers acting as mediators (who make a small percentage of the trade), and have the options to use zelle, cash deposits, face to face, etc.

You should really check them out if you don’t know someone else to OTC trade with. Even when I used it 2 years ago or so it was really nice and my transactions went through flawlessly

Thanks for that (and to Febo), I will check it out, it's something I have never tried - I have stuck to more regular exchanges for years, about time I tried a decentralised one.  I love the idea of selling Monero in as close to an OTC as poss.  If it's for cash (and relatively safe) that could be an interesting plus...
828  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2018, 02:27:08 PM
Am I the only bastard who's drinking bob's beer? All you guys refuse his free beer offer. Are you guys trying to make me feel bad? Should I feel bad? :p

He offered, he meant it - I think most feel that's enough. 
829  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2018, 01:20:08 PM
I get my NAS drives from Ebuyer.com, or broadbandbuyer.com (if you're in my part of the world).  Ebuyer are huge and soulless so tend to be cheaper - can't say returns are easy.  Broadbandbuyer.com nicer, but they're in M. Keynes, so they have to be.  Both deliver fast and have rates for multiple buys. 

No love for Scan and Overclockers?  Tongue

Not used, but I will look into them, thanks!
830  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 04, 2018, 01:18:31 PM
Anyone feel that Monero is likely to be 'made illegal'?

Thoughts here: https://www.reddit.com/r/Monero/comments/a2p8cq/the_clock_is_ticking/

Hmm... to force exchanges to avoid privacy coins is feasible, but it would look as it is - overly authoritarian. 

If they try, it cannot be a global ban very easily, either.  I hope they won't try. I do think people would fight an overt 'ban' in most countries.  In an age where real money-laundering by massive banks is 'normal' - it would seem total hypocrisy to try to ban a coin with a transaction level such as that of Monero's. 

And if it becomes much bigger, I doubt it will be possible to try to ban it - as they may simply fail and create a coin that ONLY works underground and in illegal ways. 

<insert random Nietzsche quote here>

That's why I'm so happy to see a lot of people doing OTC trading/bisq usage from Monero people.  Seems like it's always the highest volume trading pair on bisq at least.  As long as someone is willing to sell and you are willing to buy, there will always be a market and decentralized exchanges will be in need. 

Even though I haven't used it in a while, bisq and other decentralized exchanges will have to be the answer if there is a ban on all KYC exchanges

I haven't ever used a decentralised exchange, but I will check Bisq out, I would like to support the concept at least.  But does it sort the fiat/crypto issue?
831  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2018, 01:21:34 AM

I still have that $100K USD party that I'm looking to throw somewhere in the Caribbean...

Not sure if you need suggestions, but Montserrat, where Sir George Martin's legendary Air Studios used to be is a beautiful, safe, remote, and very private island - with very decent rock 'n' roll history (look it up).  I went there a couple of times last year and Sir George's house can be booked as a small hotel if you know who to ask. For more capacity, there are loads of villas to rent - all with pools, and it's possible to swing a pukka reception at the Governor's residence, if you know how (it's British Territory and the Foreign Office chaps there are bored and helpful).  We hired Sir George's place for a project and used it as a recording studio, it's accessible by 6-seater prop-plane - or helicopter - from Antigua.

A live volcano makes it an interesting chopper ride in, but avoiding the hurricane season is advisable; it's right in the Cape Verde corridor.  Let me know if you're interested.  It's not wild Vegas-style nightlife you just make your own parties. I loved it.
832  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2018, 12:56:11 AM
@jjg
Give us the version/outcome of your brainstorm strategies as today and best approach in your thought....
Buying-selling-trading-hodling-short-mid-long/term-percentages-why people should be in or out it-pro’s con’s-etc give it to us what is your strategie that you worked out over the years of brainstorming ?



Are you some sort of masochist, Mic? Wink
833  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2018, 12:49:14 AM
Ride or die mother fucker it'll be like Thelma and Louise, I'll hold your hand off that cliff.

Sent my first Bitstamp wire since 2017.  Starting to put some of my fiat bags at the bottom of the cliff. Mustn’t hurry. Hasten slowly.

Same here - they just re-opened international USD transfers.  So they can have back some of the USD I pulled out last year and left in a $ account til now.   It's done better than my own crippled local fiat currency, but I want more of the hard stuff.

I reckon we have got a little time yet.  Don't shoot til you see the whites of their eyes, eh.
834  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2018, 12:39:51 AM
Bitcoin, putting the rum in hodlers since half past two. Wink

Better than the Glen in HODL...
just got this. lol

Probably less than 1 in 10 here would.  A bit obscure...

I get my NAS drives from Ebuyer.com, or broadbandbuyer.com (if you're in my part of the world).  Ebuyer are huge and soulless so tend to be cheaper - can't say returns are easy.  Broadbandbuyer.com nicer, but they're in M. Keynes, so they have to be.  Both deliver fast and have rates for multiple buys. 

Worth trying.  Amazon have stuff - but you can actually call these and they tend to edge it on price.
835  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2018, 09:43:13 PM
Bitcoin, putting the rum in hodlers since half past two. Wink

Better than the Glen in HODL...
836  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2018, 09:31:02 PM
Dark days like these are when hodlers prove their mettle and earn the right to be proud when blue skies return.
837  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2018, 09:28:50 PM
god, somebody tell me how to feel!!
Try 'shiny' - works for me...
838  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 03, 2018, 07:44:12 PM
Anyone feel that Monero is likely to be 'made illegal'?

Thoughts here: https://www.reddit.com/r/Monero/comments/a2p8cq/the_clock_is_ticking/

Hmm... to force exchanges to avoid privacy coins is feasible, but it would look as it is - overly authoritarian. 

If they try, it cannot be a global ban very easily, either.  I hope they won't try. I do think people would fight an overt 'ban' in most countries.  In an age where real money-laundering by massive banks is 'normal' - it would seem total hypocrisy to try to ban a coin with a transaction level such as that of Monero's. 

And if it becomes much bigger, I doubt it will be possible to try to ban it - as they may simply fail and create a coin that ONLY works underground and in illegal ways. 

<insert random Nietzsche quote here>
839  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2018, 07:21:35 PM
I'll be honest. I want the best of both worlds. Does "true love" really rule out any strictly dick-only fling once in a while?

In the words of Jack Breil:
Quote
Bien sûr tu pris quelques amants
Il fallait bien passer le temps
Il faut bien que le corps exulte

Said by a guy who obviously still loves her madly.

Merited for quoting Jacques Brel, classy.

I will overlook the misspelling of great man's name Wink
840  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2018, 07:10:06 PM

C'on Ibian, we have never in history lived better than we do for the past few decades. Or can you point out any moment in time you would have better preferred to live?

this depends entirely on the metrics you measure your quality of life with.  Also, as always, social class has a great influence.

I think I would be perfectly happy as a petty aristocrat in Roman Britain for example.  For many, a life in a clean and abundant environment with actual unclaimed wonder over the horizon would be far preferable to today's dystopian prison web of interstate highways and satellites.

Honestly I would rather live in hunter gatherer times. Before agriculture started
But they only lived 40 years if they were lucky.

Quote
Suicide was practically non existent among indigenous tribes.  It's clear that modern society is ruining peoples mental health and happiness.
There wasn't much time to think about suicide is my guess.

The Hobbesian "nasty brutish and short" fallacy again.

As I said, social class is always a strong predictor of longevity, not always for the best, sometimes the party lifestyle is so intense the dukes die early, however we really need to put Hobbes out to pasture on this;

http://www.bbc.com/future/story/20181002-how-long-did-ancient-people-live-life-span-versus-longevity

Quote
If one’s thirties were a decrepit old age, ancient writers and politicians don’t seem to have got the message. In the early 7th Century BC, the Greek poet Hesiod wrote that a man should marry “when you are not much less than 30, and not much more”. Meanwhile, ancient Rome’s ‘cursus honorum’ – the sequence of political offices that an ambitious young man would undertake – didn’t even allow a young man to stand for his first office, that of quaestor, until the age of 30 (under Emperor Augustus, this was later lowered to 25; Augustus himself died at 75). To be consul, you had to be 43 – eight years older than the US’s minimum age limit of 35 to hold a presidency.

In the 1st Century, Pliny devoted an entire chapter of The Natural History to people who lived longest. Among them he lists the consul M Valerius Corvinos (100 years), Cicero’s wife Terentia (103), a woman named Clodia (115 – and who had 15 children along the way), and the actress Lucceia who performed on stage at 100 years old.

Then there are tombstone inscriptions and grave epigrams, such as this one for a woman who died in Alexandria in the 3rd Century BC. “She was 80 years old, but able to weave a delicate weft with the shrill shuttle”, the epigram reads admiringly.

Bang on, I was going to leave this one alone, but you are quite right.   Anyone who survived the things that did kill (more often) back then, had a fairly good chance of living almost as long as people today.

Even hunter-gatherers, who were fitter and had a much more varied diet lived well if they were not taken off by disease or accident.  Obviously infant mortality was higher, and a badly broken leg could kill you, since it was not as operable as today, but people lived well and archaeologists' research indicates pre-agricultural era hunter-gatherers appear to have had a varied and well-balanced diet of nuts, seeds, berries, roots etc. that were far more healthy than many modern human diets are today.

Today in the west, we eat processed foods from a reduced number of food groups and are less mobile, less fit and more obese on average.  So our average age may be higher before death, but we are not (on average) healthier, we just don't die from as many risk factors which we can avoid with drugs and modern medicine.  Obese, immobile people live longer, sure but.....

In some modern, western societies average longevity is actually falling.  Pre-modern societies didn't self harm with drugs, had less risk of mass epidemics and certainly had less food-related diabetes (now hugely on the rise in the West, due to bad diet and lack of exercise). 

https://www.reuters.com/article/us-health-lifeexpectancy/life-expectancy-declines-seen-in-u-s-and-other-high-income-countries-idUSKCN1L723R

I ain't sayin' life was better in some golden age - Jojo is right: NOT 'everyone' died horrible deaths much younger than we do today. 
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