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$7500 is going to fall at any moment... but there is lots of resistance over that point up to $7800.
@d_eddie: Yeah, volume is anemic.
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Counts both ways, just depends where your position is at..... Though I don't trade or take the risks.... Hey Mic, what kind of bearish contest are you running this time?  Looks like most everyone is trying to squeeze into the few remaining bearish slots. Merit you 2, to create the lucky chinese Nr for a bit of PUMP-help  I think that is a very positive signal though. Time will tell... It became a F***ed up depressing place, or indeed maybe a bullish indicator  Merit you 2, now we have another lucky Chinese 888 nr, initiate PUMP----NOW!!!! Thx, nice number indeed! Now if we could just make it to go to $7888 we would be talking... Night Mic! |
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Counts both ways, just depends where your position is at..... Though I don't trade or take the risks.... Hey Mic, what kind of bearish contest are you running this time? Looks like most everyone is trying to squeeze into the few remaining bearish slots. I think that is a very positive signal though. Time will tell... |
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Why would they make a KYC law only for BTC?
Maybe because btc is easier to conceal or move than money in banks or other paper assets. But we aren't talking about huge amounts. If somebody wants to cash out $1m worth of bitcoins in an exchange of course they would ask KYC for that. There needs to be no exception for that crap. My point is why would they ask for KYC when someone wants to cash out $1k worth of BTC while they don't ask it when you convert your $1k to 1k€? Doesn't make any sense. The situation now is such that even if you go to a bank to exchange a single 500€ note into smaller denominations you need to be KYC'ed. Why would exchanging 500€ of BTC into FIAT be any different? Same for exchanging $ to € in a bank. Also any person that do manage/store lots of cash is susceptible to be investigated/questioned about the origin of all that cash. Same if it were a big stash of gold or basically any unexplained wealth. Why would BTC be any different? Either Bitcoin fails and they won't care OR we will see way more strict KYC/AML rules enforced on it in the future. More so considering the lack of physical entity makes it much more susceptible to be "misused". |
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how? I'm very interested in your answer, really. And if you do use a mixer or are able to really ofuscate your coins... then comes the problem on future AML/KYC where you could have problems spending your coins.
if you have countries like Portugal or Germany (where you just have to prove you own the address more than a year) i do expect not a large problem even if you have to go with the AML/KYC procedure. Prove of ownership more than a year in the past for a single adress with a amount of 0.001 BTC on it would be perfect for me in 2027.  Well, let's say you do your split one BTC into 1000 parts. Ok, unless you do a lot more additional movements it would be easy to see where do those BTC come from. AND if you ever use more than one to do a payment (ie: for any tx higher than 0.001) you will have to combine several and then it will be absolutely clear the common point where these addresses come from. It's not just proof of ownership, but origin of funds... something that complicates if you do manage to really obfuscate the origin of yours. And in the case of using a mixer, you could end with coins "tainted" in some way or another. I mean, yeah, go split some of your coins if you want.... but don't go full retard on it i don't doubt that if you have addresses with which you will get in focus of authorities because you have an monthly income of <10k and you want to cash out an address with >500k on it. but if you are flying under the radar with small addresses you don't have to prove the origin of funds. and even if. I bought mining equipment for what? to play SatoshiDice and lost all. It depends on what you plan to do. Will you will you not want to cash out a significant ammount? If you won't ever cash out, or only insignificant amount then yeah, whatever you do will probably irrelevant. But, if you ever want to cash out a significant amount, ie: 50K, 100K, 500K, 1MM... You better be prepared to demonstrate origin of funds and, probably, full "chain of custody". That you do it using small batches doesn't really matter. It is the yearly total what does. KYC/AML will only get worse in the future. It is for that what you do want to be prepared. As I said, there is some point in maintaning some separate BTC "accounts" but splitting 1 BTC into 1000 addresses is totally unjustified, cumbersome, expensive and probably doesn't offer any advantage. But hey, it's your BTC! |
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11651-11700 bitserve |
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how? I'm very interested in your answer, really. And if you do use a mixer or are able to really ofuscate your coins... then comes the problem on future AML/KYC where you could have problems spending your coins.
if you have countries like Portugal or Germany (where you just have to prove you own the address more than a year) i do expect not a large problem even if you have to go with the AML/KYC procedure. Prove of ownership more than a year in the past for a single adress with a amount of 0.001 BTC on it would be perfect for me in 2027. Well, let's say you do your split one BTC into 1000 parts. Ok, unless you do a lot more additional movements it would be easy to see where do those BTC come from. AND if you ever use more than one to do a payment (ie: for any tx higher than 0.001) you will have to combine several and then it will be absolutely clear the common point where these addresses come from. It's not just proof of ownership, but origin of funds... something that complicates if you do manage to really obfuscate the origin of yours. And in the case of using a mixer, you could end with coins "tainted" in some way or another. I mean, yeah, go split some of your coins if you want.... but don't go full retard onto it |
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two aspects: long term hodling and privacy. ( https://en.bitcoin.it/wiki/Address_reuse) at the moment it is a boring time with such low fees for tx. in the last days I got confirmed a tx (< 10 $) in the very next block with just 0.01$ fee. in early times it was possible to get txs approved with no fee but I'm not sure if it will work today anymore. (all wallets don't allowed tx without a fee i guess). Fees are low right now, but if Bitcoin grows fees with be high again. Maybe not that high as in Q4 2017, but still. For the privacy aspect, unless you use a mixer or do some very convoluted movements yourself it will still be relatively easy to see where those smaller addresses come from. And if you do use a mixer or are able to really ofuscate your coins... then comes the problem on future AML/KYC where you could have problems spending your coins. Conclusion: Having some partition for your coins, yep. But not too much. At least that my personal opinion on the matter. |
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#human activity#
I'm thinking about how to split 1 BTC for future use. if the price will go somewhere to the 1m level I will however be under the radar of large fiat tx monitoring (<10k EUR) by authorities.
I'm uncertain about to spilt 1 BTC to 1,000 (0.001) or 10,000 (0.0001) adresses and hold them on a TREZOR.
any thoughts on that from you guys?
EDIT: but I think split 1 BTC to 1,000 adresses (1,000 x 0.001) should be enough.
All the effort we made in 2017 to try merge our BTC to avoid outrageous fees when claiming forks and now you are telling us it was an stupid move? On perspective, yeah, it somehow was. But... splitting one BTC into 1000 addresses? That is even more stupid. If you want to split a BTC why not something like: 1x0.5, 1x0.25, 2x0.1, 5x0.01 I don't think the price will go somewhere near that "1m" level, at least not in this decade, but... if it happened I am sure I would have enough money to solve the problem and don't care. Really, you don't want to split a BTC into that many useless parts that could be worth even less than the fees to move em. |
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It's almost funny how some days I decide to quietly contemplate and compare Bitcoin graphs in different timeframes, during hours, as if I was gonna see a signal/pattern that instantly enlightened my mind and everything were going to be crystal clear then.
Spoiler: Nope. Nothing. Again. Will just keep hodling and waiting. As always.
Don't abandon your quest. Siddhartha had to sit under the bodhi tree seven weeks before he saw the signal that enlightened his mind. Good one  I have checked your post history: You are funny, knowledgeable and seem to have been involved in crypto since 2013. (#nohomo) Why do you not have a hat? You surely deserve one. |
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It's almost funny how some days I decide to quietly contemplate and compare Bitcoin graphs in different timeframes, during hours, as if I was gonna see a signal/pattern that instantly enlightened my mind and everything were going to be crystal clear then.
Spoiler: Nope. Nothing. Again. Will just keep hodling and waiting. As always.
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ROTATED OUT: ========== < theymos < OgNasty < Anduck < fronti < DiamondCardz < Welsh < by rallier < greenplastic < Lydian < buckrogers < minerjones < tmfp < zazarb < digicoinuser < MaoChao < The Pharmacist < asu < polymerbit < duesoldi < be.open < AlyattesLydia < roycilik < PHI1618 < 3meek < chimk < witcher_sense < asche < cabalism13 < Coolcryptovator ROTATED IN: ========= > SebastianJu > yxt > Vod > Foxpup > babo > Flying Hellfish > dbshck > arulbero > mindrust > suchmoon > yahoo62278 > ezeminer > bob123 > johhnyUA > ekiller > Gunthar > finaleshot2016 > krogothmanhattan > Goran_ > CryptopreneurBrainboss > sheenshane > tvplus006 > dkbit98 > DdmrDdmr > fillippone > taikuri13 > madnessteat > 1miau > Ratimov |
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makrospex your post in mcgoose's thread makes little sense; you could have picked 5800, but i dunno if you're allowed to change your pick now
It is allowed if Mic is AFK... Once he put it on the list, it's too late to change it. Thanks, i hurried to correct my dumb mistake now, just to find out that my newly picked range was taken in the post right below mine Finally settled with 8751-8500 "box", but these minutes seemed like the most stressful of that day. Time to take care of the misses, that should relax my nerves you still got it wrong! the one below you is in the 8's not the 5's but yeah, first things first Lol, was going to say the same. Yeah, it's better makrospex just leave it like that or god knows what more confusion would ensue. Take some deserved rest Markospex! |
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makrospex your post in mcgoose's thread makes little sense; you could have picked 5800, but i dunno if you're allowed to change your pick now
It is allowed if Mic is AFK... Once he put it on the list, it's too late to change it. So it is still possible. |
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Isn't it strange that scammer CSW is listed in that article (I constrained myself from clicking on any video linked in the article involving that fucktwat), as if he had anything to do with bitcoin, beyond attempting to mislead, deceive and scam innocent peeps? So to me it seems that any link or reference to him would also have a misleading, deceiving and scamming impact, no? TLDR: Idea of bitcoin 11 year b-day completely valid... Idea that fucktwat scamster knows anything about it besides reading about it misleading, deceptive and scammy at best. Can we cite a better article regarding king daddy's 11 year old b-day... wouldn't any of us have liked to have been a "king daddy" at only 11? What are you mumbling about "king daddies" and 11 years old you perv? And where is your prediction on Mic's game? We are all waiting for your wall-of-text prediction over there. C'on show those wordless noobs how it's done! |
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I love how most people are going with somewhat conservative/bearish predictions in Mic's game. That's a very positive signal. Still too many $10K+ bulltards though  I think many also following theymos lead.... Yeah, maybe that too. And TBH theymos was very right in advising prudence near the top of the past bubble among other things. The most important point he makes in his post is about the inflation rate which also means the price on halving day is irrelevant if you're capable of looking beyond the end of your beergut. Until recent times new coins have been like a waterfall roaring away in the background. Now it's heading towards winding down to a trickle over the next few years and then a drip. Yes, but that would be more influential for a longer timeframe prediction (ie: Post halving, like 6 months, 1 year later). For pre halving I think this time there will be a considerable pressure of front-runners even if there could even be some short-lived dump right after the halving. Totally agree with Theymos analisys, but I think he isn't taking into account the front-running effect two weeks before the halving. Of course that's just my opinion plus there are many unknown factors that might change everything. |
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I love how most people are going with somewhat conservative/bearish predictions in Mic's game. That's a very positive signal. Still too many $10K+ bulltards though I think many also following theymos lead.... Yeah, maybe that too. And TBH theymos was very right in advising prudence near the top of the past bubble among other things. Btw, congrats on making theymos participate  Gosh, another the king of the bulltards!  ... Wish you all the fucking luck though! My life would change incredibly if you were the one winning it!  (#nohomo) |
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Number going up, yo.
Seems new year rally begins! 6+% increase in the last 24 hour time frame, good enough to convince investors to make investments in 2020 to get more reaps. Any whale action or just organic growth? Maybe loss harvesting sellers are rebuying already? How long is the mandatory delay to rebuy in the US? |
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I love how most people are going with somewhat conservative/bearish predictions in Mic's game. That's a very positive signal. Still too many $10K+ bulltards though |
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I will go with 11651-11700. Because I still feel bullish and seeing that many people going for lower ranges makes me even more bullish Thanks Mic! |
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