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1  Economy / Exchanges / FTX BTC options ??? on: February 13, 2021, 12:28:50 AM
Does anyone know if FTX has BTC options? some websites say they do but I can't see anything in their platform  Huh

EDIT: I think I found it under what is the stupidist designed menu I have seen. That menu being the 4 squares next to the FTX log in the top left corner. That is some shitty UX design right there, a hamburger menu would have even been better, and they are kind of shit too.

I've only partly found it though, I can't see in options tables with strike prices etc, does anyone know where they are?
2  Bitcoin / Bitcoin Discussion / Does anyone know whos address this is? I'm thinking a tumbler on: November 09, 2020, 06:26:10 AM
I'm wondering if anyone here can confirm that this address is a tumbler. According to the below url this is either a tumbler or some kind of exchange address

3  Economy / Speculation / bear and bull market theory on: November 24, 2018, 10:08:33 PM
So I have a theory about the last bear market turning into a bull and I wonder who here thinks it might be the case.

1. we have a crash from bubble highs and bear market begins for whatever reason.
2. all the newbies who recently bought on the way up during the bubble with dreams of instant lambos start panic selling.
3. meanwhile the true believers hold onto most of there coins, and as the prices start going low enough begin buying.
4. now, the price is still going down over the months and many of the panic sellers gradually sell their holdings.
5. eventually, only the true believers are left, and they are still buying on a regular basis and now that the price is so low, they are getting a lot of bitcoins for their fiat.
6. I don't think any significant amount of newbies are starting to buy now, everyone thinks bitcoin is dead and have forgot about it. demand is sole from the believers.
7. being that the believers are getting a lot of btc from their fiat again, it is enough to sop up supply, price stagnates, then turns. Believers get excited about a change in the market and start buying a little more.
8. at this point the halvening comes, supply has fallen, but demand remains the same. We eventually get to near ATH again and the media starts posting articles about btc.
9. the newbies start coming again, and begin their buying, more demand breaks old ATH and we are off to the moon with another bubble.

So what do you all reckon? If if this theory is somewhat accurate will the cycle happen again?
4  Alternate cryptocurrencies / Speculation (Altcoins) / are bitcoin cash camps dumping? on: November 20, 2018, 12:22:45 AM
What does everyone think, are these sorry bastards dumping their btc to support their civil war.
5  Economy / Speculation / Buy low, sell high on: October 10, 2018, 11:59:26 AM
'Buy low, sell high' it's an old saying that most have heard, but few follow.

Well everyone, now is the time that you can buy low. Don't be like all the fools who bought high in December, and no doubt have now sold low. Buy now and don't start selling till it's at the $19k highs.

So what if it takes 2-3 more years to get there. Everyone who bought in 2014/15 are now so fucking happy they'll need plastic surgery to remove the smiles from their faces (which they can afford I might add, hell they can drive to the surgeon in their new car). What if it drops down further you may ask, well you keep buying, because 'buy low' is the rule, not sell low.

Sure if you think Bitcoin has no future this is not good advice, but if that's you stop wasting your time on these forums and go do something else.

Take a good look at the prices back in 2013 after the Cyprus bubble. It was this bubble that confirmed to me that Bitcoin was not going away, it gave me confidence to invest what little money I had and I am grateful for it. If the recent bubble doesn't do the same for you I don't know what will.

I have recently started buying again myself, I buy a little each payday, I recommend to anyone on the sidelines who wants to start saving in Bitcoin to do it in this fashion, it's routine, emotionless way to invest.

Buy low sell high people! Age old, simple, and proven wisdom.

PS - If you did buy high and sold low already, well time to learn from you mistakes and do the opposite.
6  Alternate cryptocurrencies / Altcoin Discussion / An easy way to dump your forkcoins on: April 16, 2018, 09:21:20 AM

7  Economy / Speculation / Need help, can't find where bitcoin is dead on: February 02, 2018, 07:27:54 AM
So, I keep getting told by everyone that bitcoin is dead and that its all over. Though I can't see this on my chart, I'll post it below and maybe someone can point out where it is dead. I mean hell, to me it looks like it is in a bull run, maybe I have it upside down or something.  Wink

8  Alternate cryptocurrencies / Altcoin Discussion / Claiming United Bitcoin on: December 31, 2017, 12:48:22 AM
I was considering claiming United Bitcoin coins during the phase 2 distribution that ends on the 3rd of Jan.

Checking out the required conditions though has me a little confused so just wanted to check what other peoples thoughts are on this. In the quote below, number 3 mentions requiring outgoing activity. Does this mean I just need to send a small transaction from the address?

During phase 2, an amount of UBTC, equal to the balance at Bitcoin block 498,777, will be distributed at a 1:1 ratio to eligible addresses that satisfy the following conditions.

(1) did not receive UBTC in the first round; and

(2) had a Bitcoin balance at block 498,777 higher than 0.01 BTC; and

(3) had activity (outgoing) between block 494,000 and 501,878 (around 12th November 2017 to 3rd January 2018);
9  Bitcoin / Bitcoin Discussion / Seriously devs, segwit adoption and LN needs more time on: December 22, 2017, 02:25:43 AM
So fees are getting stupid (some as high as $160), Segwit adoption is slow and the lightning network is still a ways off. The price is being affected and BTC market dominance is almost at all time lows.

I think it is about time that we raise the block size, to give segwit adoption and LN more time. Being that the blocksize increase would be done by core we can trust they'll do it right, so why shouldn't it be done?

If we delay too long BTC will lose its dominance and when that happens it is all over.

Let's drop the tribalism, the bickering, and just do what is in the interest of BTC. An increase in blocksize will not be the end to decentralization, it's been almost 10 years since BTC began hard drive sizes have increased substantially in that time and the cost has come down substantially.
10  Bitcoin / Bitcoin Discussion / Support btc against s2x by running a core node on: November 05, 2017, 09:05:38 AM
I just set up a full listening bitcoin core node in an effort to support the BTC network, the core developer team, and as a way to fight back against the S2X fork. Anyone else out there who can run a full node and wishes to support the core team should try to do the same.

I simply followed the instructions from this thread, it was pretty easy.

Make sure that you are running the node before the fork and afterwards for as long as possible.

Long live BTC
11  Economy / Speculation / If you want to be rich, don't sell bitcoins, do this insteadÖ. on: November 02, 2017, 10:09:45 AM
The mega rich didnít get rich by selling assets, they got rich by accruing them. Sure you can trade from one asset to another (diversify), and getting large capital gains is part of the game, but, the rich donít get rich by selling the things that make them rich. When the rich spend money on lifestyle (cars, mansions, etc) the money they use is from yield, not capital gains, capital gains is almost always reinvested or simply never realised.

My strategy is this - never sell any bitcoins for 2 reasons:

   1) I will miss out on any further potential capital gains
   2) I will have to pay a lot of tax on those capital gains

Instead I will realise my wealth, via yield on my bitcoins. How do you get yield on a bitcoin you might be wondering? Simple, loaning them out, which, can already be done on bitfinex and other platforms. This sounds risky, and I think it is at the moment, so, I won't be doing that. However, when bitcoin goes mainstream the entire financial system will be using it one way or another and I reckon lending your bitcoin out at that point will be just as safe as having your fiat in a savings account (which isnít 100% safe but pretty decent still).

Capital gains tax is the big killer, and I think that alone justifies waiting for proper regulated and insured lending markets. What does everyone else think? sell down your assets to spend, or, wait for proper lending markets and generate a never ending income stream? Hell, Do you even think there will ever be regulated safe lending markets?
12  Economy / Speculation / BTC price down on yobit, btg now trading on: October 23, 2017, 12:32:41 PM
So the btc price has taken a bit of a dive on Yobit when the btg trading opened up. Does anythink that the prices will come down on other exchanges like this?

I honestly didn't think btg would move the price of btc at all.
13  Bitcoin / Bitcoin Discussion / do the miners actually support the btc1 team on: October 22, 2017, 11:58:21 AM
I'm probably just being naive/stupid with the following, but here goes anyway.

Segwitx2x is fast approaching and I've been hearing a lot of bullshit about it from both sides. One thing that sticks in my mind though is the apparent miner support of Segwit2x. To the uneducated observer this would look like exactly what it is, that this fork has a lot of miner support, but, does it?

One opinion being thrown around is that while a doubling of the block size does have a large majority support from the miners, it doesnít necessarily mean that the miners support dumping the core developer team and siding with the btc1 team.

Think about it, this shit is being a bit rushed, and despite what you think of the core developers these are the guys who have got btc to where it is today. Honestly, if a survey of the miners was done that said "who do you trust more to develop bitcoin? Core team? Or btc1 team?" what would be the answer?

Another interesting fact is that the Core team is not necessarily opposed to an increase in the block size, they just donít want to do it yet. Especially in the rushed manner that btc1 is trying to do it. With this in mind, how many miners are simply signally their desire for an increase in the block size, but, donít actually want the btc1 team to handle this increase?

I think an answer to this last question would clear up a lot of speculation and if the answer were to come back that the miners want an increase in the block size, but, the majority donít want this increase to be handled by the btc1 team, this would shut down the NYA very quickly.

I wonder is it possible to submit a BIP that will allow the miners to signal for 2x increase in block size, but, for this increase to be handled by Core at some point down the track. Regardless, of whether Core does actually increase the block size. If this could somehow be done I think it would tell us a lot more about the intentions of the miners, and whose side they are actually on.

Or am I just an idiot.
14  Bitcoin / Bitcoin Discussion / Segwit2x fork question on: August 19, 2017, 11:38:13 AM
So, there is apparently another fork coming, unless of course someone compromises. The fork will be Segwit2x.

On coindance it shows that over 90% of miners are signalling for segwit2x. If there is a split does that mean 90% of the miners will switch from core and support the segwit2x chain? If not, what percentage of support does everyone think will switch to this chain?

This split is of concern and I think much more worrisome than the bch split.
15  Economy / Speculation / The future of bitcoin in 1 chart on: August 16, 2017, 07:08:20 AM
Berkshire Hathaway. Limited supply, ever increasing demand. $267,100 a share. It is very possible that bitcoin can reach high values. Lots of dumps along the way, but, longterm up and up.

16  Economy / Speculation / btc head and shoulders? on: June 18, 2017, 07:43:41 AM

I was just having a look at the 4hr btc chart on bitcoinwisdom and noticed what could be a head and shoulders pattern forming. We would currently be on the right shoulder.

I fucking hope that it is not, as I want to see this baby continue its rise, however, with the massive rise we have had I think it is possible. If a text book head and shoulders does happen that would put the price back to around the 1300, seems unlikely.

17  Economy / Exchanges / BitStamp KYC out of control on: March 08, 2017, 12:22:34 PM
Hi all,

I've been a verified account holder of Bitstamp since 2013, I deposited a smallish sum with them today and before they would release the funds I got this message.

Dear ______,

we received your deposit transfer and instructed our payment department to further process it. Once funds are added to your Bitstamp account you will be notified by email.

As our compliance department requires some information regarding the nature of your relationship with Bitstamp, we would however kindly ask you to answer the following KYC (Know Your Customer) questionnaire:

1. What is your current occupation?
2. What is the purpose of your Bitstamp account? Describe in as much detail as possible how you are using your trading account.
3. Are you using your Bitstamp account in connection with any business/commercial related activities? If yes, please describe how?
4. Do you have an established relationship with any other bitcoin related service/exchange? If yes, which?
5. What is the source of the funds deposited to your Bitstamp account? Please provide any financial documentation which can confirm how the funds sent to your Bitstamp account are being acquired.
6. Which bank account(s) do you intend to use with your Bitstamp account for fiat deposits/withdrawals? Provide complete account number, account owner information, bank address and SWIFT/BIC codes.
7. What is the estimated amount you intend to deposit/withdraw to/from your Bitstamp account per month (in USD/BTC)?
8. Do you have or had a dual-citizenship? If yes, which second citizenship do/did you have?

In addition, we kindly ask you to provide an image of an additional ID document (international passport Ė double page) at your earliest convenience, which we require in order to be able to successfully conclude our KYC procedure.

If you have any questions in the meantime, please feel free to ask.

We look forward to your reply.

Is this fucking nuts or am I just crazy? Seems pretty damn overboard. I responded with the following

I am quite disgusted at what information you are requesting from me. I am a fully verified member and have been since 2013, you have a copy of my drivers licence that I provided when I was verified. My previous deposits have been accepted with no fuss and they have only ever come from 2 banks that I bank with. So I don't know why this is necessary.

1. Retail.
2. Investing in cyptocurrency.
3. No.
4. Established relationship? No, but after this list of demands and witholding of my money, I will now be going to another exchange after I have converted my funds to btc using your service. The exchange I go to will probably be Bitfinex, Kracken, or BTC-e.
5. Savings, built from my income in above occupation.
6. The same banks I have used in the past, these are ____ and the _____. Your transaction records should list the other details that you are asking of me.
7. This will be my last deposit, it is _____ .
8. No.

You already have a copy of my Drivers licence that should be all you require.

Luckily this seems to have worked and my money is no longer a hostage. Has this happened to other verified members when trying to deposit?

Also, does anyone know which exchanges are the best these days and don't ask for a bullshit amount of personal info?
18  Economy / Speculation / Possible top, but breakthrough very possible as well. on: October 30, 2015, 11:47:05 AM
Possible top reached at resistance line of ascending channel. if anyone was going to sell, now would offer the best risk to reward ratio. Sellers should definitely have stops in place though, because, if this thing does actually breakthrough I reckon it could hit 400-450 before a pullback. Personally I'm hoping for a breakthrough, and there is no way I will be selling my coins no matter what. see pic below:

19  Economy / Speculation / Ascending Channel on: October 28, 2015, 07:52:19 AM
So I was having a bit of a look at the charts today and it looks as though we are in an ascending channel. The resistance line looks as though it will be hit at about 340, and technically this is where traders will sell at. I won't be selling, but am wondering if anyone here will consider selling at this level? Or do you think this channel is relevant at all?

20  Bitcoin / Bitcoin Discussion / Satoshi in MS office example pic on: August 13, 2015, 12:54:37 PM
So it appears Satoshi hasn't disappeared after all. see 3rd pic in link below.

Still sending emails from his account and all.  Wink

Kinda strange that Microsoft would use an example image like that one. Thought I'd just post it here for fun.
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