This is bad news for us, because it might also mean that regulators would now start going after altcoin exchanges. Some of them, especially the smaller ones, might decide to close to avoid paying any penalties I reckon.
Keep the doom up. Nice work. This is probably the tip of the outrageousness exchanges have gotten up to if they were subjected to proper scrutiny. There'll be so much of it it's possible regulators will just write it off and make sure they don't do it in future apart from the particularly egregious examples. The doom is not my fault. I didn't make it and I didn't cause any of it. Also yes, there is also so much of it. But you are wrong in assuming that all they will get is a slap in the wrist in my opinion. Some of them will be forced to shut operations.
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@SparkIt. Aeon is presently back in a situation of uncertainty and it could clearly go below 20k satoshis. It's also showing that the code rebase will not change anything, but let's see what the community decides on ASICs. It might be Aeon's chance to get out of Monero's shadow and get the market's attention.
Code rebase will do a lot since then exchanges will be able to add AEON. It will actually become an usable coin. And small blockchain will give you chance to fast sync full node. I dont see a reason why not it would also become useful to some. I do hope so for all our hard work holding and self interests in mind hehehe. But seriously, Aeon needs to move out of Monero's shadow to be its own project. In any case, my bids below 20k satoshis are waiting. Come get them.
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Hehehe what bitcoin sportsbooks have the odds available for that? I know it looks stupid but betting on the WWE is more the same as betting on entertainment shows like the Game of Thrones or the Oscars. It can also be exciting for some people.
It is also good to see Ronda do less real fighting and more fake fighting + drama queen hehehe.
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This is bad news for us, because it might also signify that regulators would now start going after altcoin exchanges. Some of them, especially the smaller ones, might decide to close to avoid paying any penalties I reckon.
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@figmentofmyass. Ok, so you are a permabull hehehe. But can you tell us how low bitcoin should go that would cause you to change your sentiment?
Also, changing from the linear scale to a log scale is nothing more than a clever trick to make it look less bad hehehe. It feeds our denial.
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@disconnectme. Yes, it also makes you ask yourself that if Ethereum was created today, would it dominate the smart contracts platforms in the cryptospace? It won't I reckon.
Also, the hateful reaction of the community towards Tron reminds me of the same hateful reaction the community had towards Ripple.
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Wouldn't suggest anybody to use the system as the code seems to be written by an amateur.
I can't say that the system is broken or something like that, all I can tell that there are chances that there is a breech in the contract code and you may result sending your ETH tokens to the space. Anyway, the system is still not usable and more contributors are needed, the idea is cool but there are already bunch of projects that do the same thing, they all failed at the level of getting more users to bet.
That and making a centralized service by combining Directbet and Betmoose would have been a better way to create it in my opinion. But in any case, I am still interested in seeing more dapps compete with their centralized counterparts and find out what's cheaper to run.
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I reckon Rose versus Joanna might become be a trilogy. Dana needs to create artificial drama until Connor comes back hehehe.
I predict Joanna is going to win in a controversial split decision. It will be one of the best engineering jobs by Dana.
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The "mean" in this chart is the $3000 price which happened on 1st August 2017.
In relation to previous ATH, we already fallen more than a third. $6k is 30% of $20k, so we have fallen two thirds already.
But if you say that in relation to $6k, this would give us a $4k price. I think it will go lower than that. It will go where people will drop it out of despair. In that chart, the "despair" phase is around $800.
The analysts are still wrong. Why? Because this crash is engineered by Wall Street, as simple as that.
I know that no expert can be exact in their predictions, but roughly, I agree that they are right on their medium term prediction for the rest of 2018. Also, if the crash was engineered by Wall Street, then the pump might also be engineered by them. That's something many of us here can also be in denial of.
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Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=537028FortuneJack Username: bbcreporter Current Amount of Posts (Including this one): 3815 What other platforms are you active on (Like twitter, reddit etc.): None, but I'm willing to make a social media account or 2 and gather followers for the campaign.
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I can already see a conspiracy here to favor Conor hehehe.
Dana White will make sure that Max Holloway wins and becomes a double champion in the lightweight and featherweight divisions. Then on December 29, 2018 in UFC 239, Conor will challenge Max and Dana will make sure that this time Conor wins and makes him a double champion once again.
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How can you call Mcafee broke if he charges $105k per tweet? He would be the opposite of broke considering how often he tweets and other sources of income.
John McAfee is a known and respected multimillionaire who made his fortune during the 1980's and the 1990's. If he was still rich, then why would he lower himself and his status by accepting payment for pumping altcoin scams? I reckon his drug infused lifestyle might have caused the loss of his wealth.
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@asriloni. If there was one hard lesson I learned in the cryptospace, it is the good projects never pump, but the ones called scams with many shills and with partnerships will. I do not know Tron and I do not care, but there are people behind this that will make sure that this will pump. Read this. https://bitcointalk.org/index.php?topic=3245530.0
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I know many of us in the community are clearly still in a state of denial about the realness of this bear market. Why do I say this? It's because I still see many people that scoff the researchers and analysts by saying things like they do not know bitcoin, technical analysis does not work in bitcoin or the most classic that's FUD. It is time to open your eyes. They are right and we are wrong. The growth of new active bitcoin users is slowing, which by "Metcalfe's law" indicates that the cryptocurrency's market capitalization will not grow as quickly as it has, some Swiss researchers said.
Metcalfe's law says the value of a network is proportional to the square of its users. By a generalization of that principle, bitcoin's market value by the end of the year should be no more than $77 billion, Spencer Wheatley and Didier Sornette, both professors of entrepreneurial risks at ETH Zurich, said in a paper dated March 16.
That's $41 billion, or nearly 35 percent, less than bitcoin's market capitalization Monday of $118 billion.
The researchers found four distinct bitcoin bubbles that correspond to that model. Triggers for the bubbles ranged from a 2011 hack at the now-defunct Mt. Gox bitcoin exchange to South Korean regulators' threat to shut down cryptocurrency exchanges in December 2017, the paper said. Those events "were followed by crashes or strong corrections."Read in full https://www.cnbc.com/2018/04/02/bitcoins-market-value-should-fall-by-more-than-a-third-before-year-end-swiss-researchers-say.htmlResearch paper https://arxiv.org/pdf/1803.05663.pdf
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Remember the famous McAfee coin of the day tweets that everyone was so excited to follow? Many of you rightly speculated that John was doing it to pump because he held all those coins he was promoting. But there's more to the story. The truth is he was paid for each tweet by the people behind those cryptocoins. What happened to John? Is he broke? I reckon he is. Software tycoon turned cryptocurrency enthusiast John McAfee recently revealed that he charges $105,000 for each tweet he sends out promoting digital coins or initial coin offerings (ICO). Last week, McAfee tweeted that his team had written up a guide on how his promotional tweets worked, and posted it to McAfee Crypto Team, an organization McAfee and his team put together to promote ICOs.
McAfee’s tweets can indeed sway cryptocurrency markets. In January, Motherboard tracked McAfee’s tweets about alternate cryptocurrencies to their market performance over the course of three weeks. The site found a correlation between McAfee’s tweets about cryptocurrencies and spikes in their valuation — in the case of Burst coin, a jump of 350 percent.
At the time, Motherboard speculated that McAfee was taking part in pump and dump schemes to boost the value of coins he was already invested in. That may still be the case, but the McAfee Crypto Team post suggests McAfee also has a completely separate racket: hawking endorsements for cash.
We’ve reached out to McAfee Crypto Team and Burstcoin for comment.Source https://www.theverge.com/2018/4/2/17189880/john-mcafee-bitcoin-cryptocurrency-twitter-ico
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@imteaz. Hold on and don't worry, you are not alone. But I hope you bought the right altcoins or that you are holding everything in bitcoin.
I predict the next bull market will be composed of better and smarter investors, leaving the scammiest coins in the dust.
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They can say anything they want, we know it's only a scare tactic. We also know they cannot stop it because they have never stopped some of the biggest financial crimes before the cryptospace.
The cryptospace has made it easier and faster to privately move value around the world, good luck stopping that.
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@lakimens. After almost 3 years of being in the cryptospace and witnessing all kinds of coins come and go, I reckon Zero is one of those projects that will only be pumped then dumped by traders, and we will not see it become what the developers want it to become. A bitcoin killer it is not because it will never be as good.
It is not advertised as a bitcoin killer and it doesn't have to be. Bitcoin is not good by any means, it is just the first one. All I am saying is that comparing it to the other ZCash forks and ZCash itself, this thing is a beast, the others don't even have a roadmap. We still don't know what kinds of things will be tested on Mach Wave, maybe POS, maybe WormHoleX, maybe some other way to sustain a high load of transactions, I am saying there is potential. Quoted your post and let us see where you are and Zero is in 3 years. I reckon bitcoin will be pushing on new all time highs while Zero will be another forgotten altcoin. Also, I do not mean to step on the project you are shilling. But I speak from experience. Yeah, that might happen, it has happened a few times, we can't predict the future, but I think there'll be HUGE gains after this bear. Of course there will be huge gains because you know Zero will be pumped and hyped. But the problem is it will not be able to hold those gains because it will not have real adoption like bitcoin is having. Also, Zcash is in a better position than Zero because it is backed by venture capitalists. Stop with the lies.
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ETH, Ripple - these 2 will stay here forever in my opinion. Just really 2 big coins. The second one just too hyped as I see.
Those 2 will not last longer than 10 years, I reckon. Maybe Ripple has a chance because it is backed by venture capitalists. But if all the funding goes away, it will not see the same success as bitcoin. unless it becomes a true open source project. Ethereum, same scenario. They have pivoted from world computer, to immutable smart contracts, to ICO token issuance. None of those models have lasted except for token issuance.
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