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Man you guys are still at it! Impressive! P.S. More things to complain about soom.  |
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A prime example of entirely selective interpretation of cause and effect. I think the US election is one of the least significant events that could have something to do with Bitcoin's price performance. Although the public does pay attention to the value of money in their pockets, it is generally not too eager to change attitude based on political speeches alone. A true change of mind can only be expected when people feel the effects of inflation (caused by monetary policy) in their pockets.
Also one has to consider that Bitcoin is not entirely dominated by US users. Especially the Chinese have a big impact on the Bitcoin economy.
I think that the Halving will have a far greater impact on the near-term Bitcoin valuation than any political event of any kind. But even for my claim I cannot offer proof of a cause-and-effect relationship in case that there is a price increase, because all data available are purely correlational.
ya.ya.yo!
This is spot on. Most people tend to assign a single causality to outcomes.. when in reality its far more than just one simple thing. |
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if you approach it with the idea of entertainment only, like the idea of going to a movie. and spend 15 bucks on it every once in a while... gambling wont ruin your life anymore than World of Warcraft will. But if you like most people and cant control yourself.. you have to be careful and the best advice is to avoid it.
Well for me, every bucks count. And if you are going to use that amount just for entertainment , well it is fine. But if your entertainment, does cost a really high amount well you better just play gambling games to your smartphone rather than betting your money into it. Gambling will just wreck someones life when he doesn't have already money for gambling. I agree, to each is own. If you dont have the money to spare.. or the discipline to stop when you should.. you should stay as far away as possible. |
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if you approach it with the idea of entertainment only, like the idea of going to a movie. and spend 15 bucks on it every once in a while... gambling wont ruin your life anymore than World of Warcraft will. But if you like most people and cant control yourself.. you have to be careful and the best advice is to avoid it.
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i think the points about the tech requirements and USD comparisons make the most sense.. even tho if they are transferring out... BTC does become a real viable option for them.
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I do both.
Half of my money goes to investments, and rest of my money is for savings.
This way I feel it's the best for me.
Yes, right. I also do both. but I think the people will do both, because if puts all money in investment its very high risks. and put all money in saving is not a wise decision. do both is a safe choice that people usually do, but lots of people like to take risk and put all of their money, even loan more to invest. Not in our country. Not everyone here has a savings account. Mostly they live by what they earn in a day. So, if they have to choose savings or.investment, they'll refuse both. They have to eat first before they even think of saving. Those in the know care about the halving ... but i think you are right... most have no clue and really could not careless cuz they simply dont have the bandwidth. Well even then you can decide to lock away some money in your socks and when the amount is substantial bring it to the bank. In the end it is about money control. It is sure that the price with halving will increase, as you are seeing it is increasing from now and think how much will it have reached to, when halving occur. So we have to save our money for the halving to see increasing our money. that's third world's problem, i don't think they know or care anything about halving, bitcoin, or have necessary medias to approach those things. they have to save or invest money in concern of other parameters. |
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OH and while im at it... I am an American Citizen.
Jonah is conniving with Josh  This is just wrong.. Things cannot be unseen |
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OH and while im at it... I am an American Citizen.  |
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Its BCTalk... everything gets picked apart. And if its related to XPY it is practically in a no win situation. More over i don't see any Incorporation number right now being supplied in any form. So why is it not being picked apart right now?
It's the first time I'm hearing about HK and I don't think anybody here has been aware of that particular red flag yet. I've been mostly interested in the financial side of it so I blame everyone else for not digging up the corporate entity information (or lack thereof). Placing blame on others... weak sauce..  anyhow... im off guys! enjoy the weekend bctalk. |
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Completely agree. If the funds are handled inappropriately or not above board it would be unacceptable and fraudulent. They incorporated this through Hong Kong so i don't believe its subject to US security laws.
https://xpy.io/terms.pdf6.8 Governing Law. This Agreement shall be governed by the laws of the
State of Texas, without regard to its conflicts of law principles. Nowhere on the site or in the T&Cs can I find anything about HK. Well once again BCTalk proving helpful! who would have thought Suchmoon helping XPY? ill point this out to them asap. I'm offended now. When have I not been helpful? Seriously though, you better tell them not only to fudge the T&Cs but also have an HK business registration number ready first thing tomorrow when the rest of the thread wakes up. Ask Phil how his "HK based" Mineral was picked apart here a few weeks ago. Its BCTalk... everything gets picked apart. And if its related to XPY it is practically in a no win situation. More over i don't see any Incorporation number right now being supplied in any form. So why is it not being picked apart right now? |
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Completely agree. If the funds are handled inappropriately or not above board it would be unacceptable and fraudulent. They incorporated this through Hong Kong so i don't believe its subject to US security laws.
https://xpy.io/terms.pdf6.8 Governing Law. This Agreement shall be governed by the laws of the
State of Texas, without regard to its conflicts of law principles. Nowhere on the site or in the T&Cs can I find anything about HK. Well once again BCTalk proving helpful! who would have thought Suchmoon helping XPY? ill point this out to them asap. |
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Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss. In this account you would need XPY to gain 5 percent to makeup the paid fee. a good explanation for some people can be found here. http://www.investopedia.com/terms/h/hedge.aspThese are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors. It was started as a pilot to see if this would be something someone is interested in. So far most people are just confused. So maybe the financial move is probably a little to confusing. Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions. Ok, I think I get the idea but if I wanted to gamble on XPY value I would likely do better just by buying it on Cryptsy or 'trex. Or perhaps it's just worded backwards. There should be a way to phrase it to make sense because now it sounds like a horrible deal either way. If you buy them off cryptsy.. and the price tanks... then you loose far more then 10 percent. Thats the point of the hedge. But i agree that im sure we could word it better. Are you aware that this would technically class a security by holding other peoples Coins? Funds held within the system would need to also be backed and can be liable for their loss, any misappropriation of funds held within xpy.io could be subject to securities fraud. Completely agree. If the funds are handled inappropriately or not above board it would be unacceptable and fraudulent. They incorporated this through Hong Kong so i don't believe its subject to US security laws. Wouldn't it just be easier not to hold customer funds? So that's a good question... what do you think if we made the same offer.. except you where able to take the XPY bought... and over the same amout of time at the end of it, the purchaser could bring the same amount of bought coin back and exchange it back for the principle of btc? This is another model we are considering. Perhaps still the same issue tho. |
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Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss. In this account you would need XPY to gain 5 percent to makeup the paid fee. a good explanation for some people can be found here. http://www.investopedia.com/terms/h/hedge.aspThese are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors. It was started as a pilot to see if this would be something someone is interested in. So far most people are just confused. So maybe the financial move is probably a little to confusing. Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions. Ok, I think I get the idea but if I wanted to gamble on XPY value I would likely do better just by buying it on Cryptsy or 'trex. Or perhaps it's just worded backwards. There should be a way to phrase it to make sense because now it sounds like a horrible deal either way. If you buy them off cryptsy.. and the price tanks... then you loose far more then 10 percent. Thats the point of the hedge. But i agree that im sure we could word it better. Are you aware that this would technically class a security by holding other peoples Coins? Funds held within the system would need to also be backed and can be liable for their loss, any misappropriation of funds held within xpy.io could be subject to securities fraud. Completely agree. If the funds are handled inappropriately or not above board it would be unacceptable and fraudulent. They incorporated this through Hong Kong so i don't believe its subject to US security laws. |
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Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss. In this account you would need XPY to gain 5 percent to makeup the paid fee. a good explanation for some people can be found here. http://www.investopedia.com/terms/h/hedge.aspThese are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors. It was started as a pilot to see if this would be something someone is interested in. So far most people are just confused. So maybe the financial move is probably a little to confusing. Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions. Ok, I think I get the idea but if I wanted to gamble on XPY value I would likely do better just by buying it on Cryptsy or 'trex. Or perhaps it's just worded backwards. There should be a way to phrase it to make sense because now it sounds like a horrible deal either way. If you buy them off cryptsy.. and the price tanks... then you loose far more then 10 percent. Thats the point of the hedge. But i agree that im sure we could word it better. |
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You can also lurk and use text to call adam a money launderer.  |
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wait wait wait... Where is the 100% proof of me dumping coins on the exchanges?
Oh, the man himself. Can you point me to some details about the xpy.io hedgers? I don't get the part where you pay e.g. a 10% fee for a ~6% gain in 3 months.  Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss. In this account you would need XPY to gain 5 percent to makeup the paid fee. a good explanation for some people can be found here. http://www.investopedia.com/terms/h/hedge.aspThese are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors. It was started as a pilot to see if this would be something someone is interested in. So far most people are just confused. So maybe the financial move is probably a little to confusing. Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions. How is transperancy being handled with xpy.io? I think the idea makes sense but in order for it to even have a hope in succeeding there needs to be transparency for it's holders, what will hurt you the most is people not knowing. Im with you there.. they are encoding a live asset to liabilities graph and alongside that posting those addresses. The only issue here is that even those numbers could be fudged... and they could lie about the liability side of it. So beyond showing some trusted members of the community and or outside the community the actual debt/liability balance im not sure what could be done. Ive been told they are open to that btw. |
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wait wait wait... Where is the 100% proof of me dumping coins on the exchanges?
Oh, the man himself. Can you point me to some details about the xpy.io hedgers? I don't get the part where you pay e.g. a 10% fee for a ~6% gain in 3 months. Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss. In this account you would need XPY to gain 5 percent to makeup the paid fee. a good explanation for some people can be found here. http://www.investopedia.com/terms/h/hedge.aspThese are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors. It was started as a pilot to see if this would be something someone is interested in. So far most people are just confused. So maybe the financial move is probably a little to confusing. Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions. |
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wait wait wait... Where is the 100% proof of me dumping coins on the exchanges?
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Look buds, Natasha is involved in paycoin. Don't fud, trolls Professional backgrounds of CPIG members include professors, scientists, engineers, technology experts ok? Beautiful and smart  Well ok then, I guess you got me beat  . And im not your bud, friend! Im not your Friend, Pal.... |
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