Watching you work is a privilege. Aren't we feeding these smelly creatures a bit too much?
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Shit how did btctalk know how many coins I had? Must be running some badass analytics.
Wait a minute... JayGuanGee: Politeness: 2280... hahahahahaha
Hahaha! That's when I, too, figured out it's a fourth month, first day adjustment.
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While its obvious we are in a bear market,
Really? Bearwhales will run out of ammo soon and we'll climb back up to at least 5 digits. Then around June-July we'll see a new ATH and we'll moon in October-November or so. I think bearwhales play in fiat-settled assets (paper claims on actual bitcoin), as yefi recently suggested: When bankers run the world behind the scenes controlling the laws and the money printing presses they can own and control anything they wish too.
Bitcoin isn't a problem you can print your way out of. All it will achieve (or all it has achieved) is to make the believers richer and more resolute. What they want to do is divert money away into paper claims on bitcoins - but they're going to face difficulty on that front. If so, they won't "run out of ammo" as long as they can print their ammo. That's why I think the only way to disarm them and let the market run as unencumbered as possible is to have bitcoin-settled derivatives (futures, options, whatever). If and when these become dominant in the derivative market, whales will need to get themselves lots of coin before playing any game, or they will need lots of lots of coins after playing a game and losing it. (I'm not picking on you, serveria. On the contrary, your posts offered me the most inspiration for a reply.)
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I wish there were fewer cash settled derivatives and more coin settled ones.
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I'm with Hairy on this one. Volume is too wimpy yet. Saturday night might be ugly, uglier than many of us think.
A few posters have been busy setting up a doom scenario for this weekend. I think it's a ruse Doomed is who doomed does. Ugly or very ugly does not necessarily mean doom. Maybe you missed the implication. I sure did. What were you meaning? To be clear. Based on nothing, admittedly, you think Saturday _might_ be ugly. Not only ugly, but _uglier than we think_. I'd ask you to explain, but you prefaced it with the fact you pulled it out of your ass. I'm not trying to put too fine a point on this. I'm supposed to be retired. Ah I see what you mean now. Are you the Mayor's house elf by any chance? Yes I'm based on nothing objective. My TA is built on shakier ground than most other analysts', which is quite a feat. But the volume is too low to make any movement meaningful. My manipulation antennae twitch. Besides, I'm not the only one thinking we must revisit the recent low area before we can break out again. It might take years, though I don't think so. And I don't believe in the $3k-4k again story. However, high 6k's is not low enough IMO. That's what I mean by "uglier than many of us think". The suffering isn't done with yet. And this Saturday is as good as any other for a little suffering. Probably even better than usual, since next Monday is a holiday in several parts of the world and the prolonged fiat thinness helps would-be manipulators.
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I'm with Hairy on this one. Volume is too wimpy yet. Saturday night might be ugly, uglier than many of us think.
A few posters have been busy setting up a doom scenario for this weekend. I think it's a ruse Doomed is who doomed does. Ugly or very ugly does not necessarily mean doom. Maybe you missed the implication. I sure did. What were you meaning?
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I'm with Hairy on this one. Volume is too wimpy yet. Saturday night might be ugly, uglier than many of us think.
A few posters have been busy setting up a doom scenario for this weekend. I think it's a ruse Doomed is who doomed does. Ugly or very ugly does not necessarily mean doom.
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And he also talks about ladders in another video - for staggered entries, though. Nothing like the 2J-ladder.
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I'm with Hairy on this one. Volume is too wimpy yet. Saturday night might be ugly, uglier than many of us think.
But of course this is another SOMA prediction, guys! No need to worry!
Straight Off My Ass predictions - Almost always wrong since 1998!
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"Dear valued customers, We will close all the trading pairs in BCH market of Token Trading at 18:00 Mar 30, 2018 (Hong Kong time, UTC+8) due to inadequate liquidity. For better management of your funds, we recommend you to cancel your pending orders as soon as possible or our system will cancel them all at the closing time. Thank you for your understanding and we apologize for any inconvenience caused." https://support.okex.com/hc/en-us/articles/360002258531OKex appears to be bcash's highest volume exchange. Goodbye BCash shitcoin. We hardly knew ye. But but... block size... highway...
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Except he isn't Average Joe.
Oh yeah? Please explain. I would, but you've grown a bit fat and bold. And you smell. Try hard enough, you probably can figure out.
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Guys, your reasons for the continuing downtrend are all wrong.
It's pretty simple.
1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.
2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.
3. Whale(s) massively short sell/dump in one go. Ending bull run. Whale mega money then sits on sidelines.
4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.
5. Average Joes finally lose interest. Sell at bottom.
... and then... eventually... (*we are not there yet*)...
6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.
There are no "reasons". There are no plausible "FUD". Its just the way it goes.
Avarage Joe hasn't lost interest yet. You still seem very interested. Except he isn't Average Joe. P.S. Are we not overfeeding the trolls? They're growing a bit fat and bold. Their smell is starting to make the place unpleasant to visit.
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No earthquake, no imminent disaster, no fear, no Gox. This weekend is just starting earlier because of Easter. Weekdays resume on Tuesday.
How low’s it gonna be by then though? I’m sensing a drop to $5xxx which would suck! Low $6xxx surely. Another SureFire estimate(TM) by SOMA Analytics! (c) 2018 Straight Off My Ass
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No earthquake, no imminent disaster, no fear, no Gox. This weekend is just starting earlier because of Easter. Weekdays resume on Tuesday.
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Moving along this channel nicely. Same group of fudsters still trying to punch the price down for cheaper coins. I am still of the same mind that getting below existing support levels is going to be difficult and chances are fading by the hour as we close in on April. #dyor #cryptouplift captioning classic photos is turning into a obsession... Dont be Greta. The slips - or shakes - are getting weaker, but I am still not so sure we shouldn't count these smaller ones as "ripples" from the first one. In which case, more shakes are coming - and they might be stronger. For now, we haven't seen any attempt to dive deeper than the last dip @7200-ish, which helps me keep my cool. Which long term support do you have in mind when you say that? The bottom of the green strip? How high would that be in a end of March/beginning of April interval?
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Knowing my footprint will not link back to my real name, tho I'm sure big brother will eventually get wise...
Eventually? Ahahahaha They know everything about your persona already.
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This is the link you use for deleting your account. First login to facebook, then go to that link. https://www.facebook.com/help/delete_accountIt's very difficult to find. The deactivate account option is easy to find, but doesn't delete all your data. And honestly, I'm doubtful even deleting your account would actually make them delete data about you. They've got it, it's their data already. Even after deleting your account facebook admits it still retains some data, but claims it "disassociates it from your personal identifiers". However if you don't delete your account it will retain all your data for certain. Also, the amount of gov pressure facebook is under might eventually force it to delete any data remaining from deleted accounts. It is just like a bank account. You ask the bank to remove all your personal information because of the Equifax breach last year and they will tell you the same thing. They will delete you data from their data base once you cease a bank account with them but if you do some more digging you will find out that is a lie. They keep your data on their record books for upto 5 years and even longer due to the IRS forcing them too. Banks at least have got the IRS excuse, which is as good as it gets. Banks also have somewhat accountable headquarters in all countries, so they're easier for governments to control. But Facebook, Google, Amazon? From the US, good luck. From as far as Canada, forget it already.
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I requested a download of my Facebook data a week ago (haven’t used it for years). Surprise surprise haven’t received it yet.
I guess you will. I did, too, and got the archive nearly immediately, as a matter of fact. It was HUGE. I was scared. I never was a heavy user. Just to keep up with friends' events, birthdays and similar stuff. It was like 3-4 years ago.
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Anybody that has run the numbers knows that the current network cannot even remotely handle global transactional demand.
And Lightning Network is the answer to that. Not just more block size pile on. Again, block size increases have nothing to do with the promotion of increasing userbase or merchant adoption. If that were the case, merchants and end users would be going crazy for BCash right now. News flash, Walter Cronkite: They aren't. I already addressed that in my original post... Of course, LN might give us a lot of leeway, but eventually block sizes will need to be increased.
Dryja and Poon specifically mentioned the need to eventually increase block sizes in the original LN proposal. A need that no one here denies. But we're doing just fine right now. Let's wait for the opening/closing of LN channels to strain the blockchain, shall we?
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