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Here's my strategy.
1. Sell now, buy back at $4800, sell at $5500. 2. Buy back at $2800, sell at $3500. 3. Buy back at $1200, sell at $2100. 4. Forget about this Bitcon.
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Hahaha what a major fail. Years of anticipation and big talk about big investors and institutional money accessing Bitcoin, then it finally goes live it puts out a daily trade volume of 50 BTC. Big money can't even be bothered to put down $500k in Bitcoin... And you guys still believe Bitcoin has not failed? LMAO!
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Expect a big fat dump on the market. They are opening up early for bitcoin deposits. So when it opens for trading later this month, all that is available on that market is hundreds of thousands of BTC and little fiat.
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While Dash is being actively used in every day lifel.
Not convinced. Number of Dash txs not that much bigger than number of Monero txs, to claim some sort of wide spread everyday usage. And talking about people in Venezuela, I think they would much prefer something not traceable. And something that is best in its category and also work out of the box. https://bitinfocharts.com/comparison/transactions-dash-xmr.htmlTry again, Dash tx count is significantly larger than Monero. Always at least double or triple with some periods completely blowing Monero out of the water. Get your facts straight.
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Sure, and while y'all complaining about how Dash failed and Monero is superior. Monero is being used to facilitate illegal activities. While Dash is being actively used in every day life by communities that really need it the most in these times like Venezuela, Colombia, Brazil.
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This article sounds like exactly something that Wright would want to be published - the main takeaway an average non-bitcoiner joe (and even some bitcoiners) is that Wright has 10 billions because he and Kleiman invented Bitcoin. Words like "allegedly" and "supposedly" will be ignored, because that's what people always do when they read news. I don't understand the US justice system, why no one bothered to first establish whether those coins exist or not, how many coins there are, where is the trust they are supposedly held by and so on. Everything is so fishy about this case. I've repeatedly mentioned this, you can be pretty sure that they verified the existence and ownership of the funds before proceeding to court, there wouldn't even be a case otherwise. As much as the justice system is in error, we easily glance over the fact that 99.9% of all cases just gets handled properly, there are many checks and safeguards in place and many people involved that check and double check everything.
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Don't worry DrBitcoin, it your prophesy will come true, and then some. Long term support levels were just broken pretty hard, and with big volume that is too. The slaughter will not end here, i can tell you that. Technically the bears are back in control. Add to that the sell-off that is coming from the Craig-Kleiman case. We're set for a 3-4k range by the end of September.
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As true as 'ledger does not have your keys' may be at this point. Remember that much of their hardware and software is proprietary and closed source. We don't fully know what the software and hardware does or is capable of doing.
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Well the problem is, IF Satoshi is a nefarious person. He can shut down the network with his genesis block secret key at a whim. How is this not a scam?
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You seriously think such a high stake case would proceed if there is no evidence of the funds in question even existing? Get a grip. You can rest assured he provided the signatures before the case proceeded.
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Y'all forgetting that he had to prove access to the funds earlier in the trial before they proceeded.
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Peter Schiff may be trashing Bitcoin at every opportunity, but he's been involved with it for years and is buddies with Craig Wright, so he has inside information.
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Now that we know he actually has these 500.000+ BTC (I'm estimating around 1.5 million BTC) it's pretty much guaranteed we'll see 3k and lower again very soon.
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Haha pathetic, y'all still talking about shoes and drug markets. In the meantime Dash is going mainstream in South America.
Y'all really think this thing is still going somewhere without people even trying to market it? The only thing happening with Monero is dump dump dump. Which is not surprising with a 80% premine.
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Governments all around the world are leery of Libra and they can actually do something about it.
They can't do squat about Bitcoin and they know it.
No contest. Try again.
Right now maybe they can stop it, but i doubt it, Libra association will push this no matter what, too much money at stake. And once the project is open sourced and decentralized governments and regulators can't do jack against it, just like Bitcoin, exactly like it, except with a significant user base.
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Libra is what people want, not Bitcoin.
Who exactly wants Libra? Crypto enthusiasts know better than to trust a centralized coin coming from a company with very questionable privacy practices. Really? They know better? Oooh so that's why people are invested in all these centralized shitcoins. No they don't know better, they are just greedy and hope to make a quick buck and care little for the tech. Libra starts centralized but will be fully decentralized after 5 years. The mainstream could continue paying with Paypal and credit cards since it's all the same anyway. This way, they won't even need to pre-convert any money to Libra.
Why would i use existing services that charge hefty fees when i can use Libra with extremely small or no fees? Lastly, since it's a stablecoin, it's closed off to speculators. You could argue that it might be able to replace Tether or some other stablecoins, but a lot of people use those to dodge regulatory mess that comes with trading fiat, which also comes with trading Libra.
People don't need a speculative vehicle, they need access to a money system to participate in the economy. Just because Facebook is used by billions of people doesn't mean they'll use whatever product Facebook comes up with, and the same is true with Libra.
Maybe, even if a fraction of the people will use it, it will still be a bigger user base than all of current crypto together.
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Not just a dump. This is because of Libra. It is the beginning of the end.
Sure, Bitcoin will muddle on for a while, going lower and lower.
Big investors realize that Libra is the future of cryptocurrency, not Bitcoin.
Many here will scream "But Libra is not a real cryptocurrency.".
That may be true at the bootstrapping phase, but they have promised and pledged to open source and fully decentralize the network once it is running after five years.
Libra will be instantly available to 2 billion people around the globe, let that sink in for a minute! Bitcoin couldn't even dream to reach 0.01% of that!
Bitcoin will be totally obliterated and irrelevant in every aspect.
Libra is what people want, not Bitcoin.
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Seems he has now proven the existence of the trust which holds 1.100.111 BTC and that he will be the owner of those funds within 5 months. Which also basically proves he actually IS Satoshi.
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A system of money is useless when there is no value/information being transferred. I highly doubt Satoshi thought speculation would not happen, in fact, it is essential to the process of the system being used and gaining adoption.
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