Slightly off topic: where do you all get your news re: bitcoin, specifically news out of China? Twitter?
Links (to Twitter, Reddit or other sources) found in this very thread
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Dump ahead. Bitcoin is at 3.7k in China. Or maybe there isn't much relation between bitcoin price in global market and bitcoin price in theses closed markets... There is a huge relation in global market i think you are the new person that saying that look at the media people are arising questions against bitcoin that who are the creator who toke bitcoin to high level and you are talking here like that. Hm? Is Google Translate out of order?
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If we have another fork that even rhymes a little to this one, I can only see bitcoin getting stronger as people buy more in anticipation of the air drop.
Without replay protection, it will be a slow mess to untangle the altcoins though. If replay protection is not added, then what is going to be the solution, something like 100 confirmations? Or am I misunderstanding the gravity of the problem and adding confirmations would that not be enough? 100 confirmations should be safe enough, quite hard to reverse that much. But in a fork/war context it could take days instead of 1000 minutes (16-17 hours). And doubt about the winning chain can add to the paralyzing effect. IF the fork happens, which still remains to be seen.
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If we have another fork that even rhymes a little to this one, I can only see bitcoin getting stronger as people buy more in anticipation of the air drop.
Without replay protection, it will be a slow mess to untangle the altcoins though.
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My only dream is that Altcash heads back to 0.20/btc so I can unload the rest that I have.
This. I was a little slow after the fork - safe splitting, many confirmations needed etc. We have some hope however, probably with the next FUD wave.
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Actually yeah thinks makes a lot of sense. The South Koreans are some of the biggest online gaming fanatics in the world. Hell, didn't they basically invent the whole idea of the 'internet cafe'? So those big gaming giants are probably seeing big money in their eyes if they were to integrate in-game crypto payments for awards, accessories, and other stuff people want. Like with WoW gold or Linden dollars. But instead, let's all just use Bitcoin. Mmmkay? Besides, they can keep everything offchain - basically no transaction costs for micropayments - even before LN takes hold. I think it's going to work out fine.
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Breaking out? I think 4k is incoming.
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The Bitcoin world is as fast as its price movements. I agree that this thread is one of the best to get a sense of what is going on out there. Who post in this thread usually adds a lot of value to every bitcoiner who wants to touch base with the news. Especially during the summer, when I did not have much access to the internet this thread was the only one to keep me posted about all that happened. I'm actually grateful to all of you guys that contribute here Subscribed 100%. I was worried when there was talk about shutting down this thread, because it's my main source of sentiment and fresh info. When my interest is piqued here, I look around elsewhere, follow down links etc. The little bit of "theatrical action" as I call it - overplayed characters such as "Verbal" JayJuanGee or the hateful Roach - are no big issue for me, and at times they even add a bit of color to the scene.
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Moderate weekend pump. Not sure it's the Amazon rumor effect or something else, but it's still just a small movement.
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Fully collateralized derivatives. I was pretty sure the first ones to get a green light must be of this kind. So is this October the 4th? I didn't understand the no sooner than bit...
Is this what it means? 4th?
I think that's market speak for "Hey big investors, back the fk off. We're not onboarding you early and before everyone else on our list, no matter how much money you want to throw at us. We're gonna do this in an orderly fashion. Plus we can't until Oct. the 4th anyway." At least that is my interpretation. Makes lots of sense. CDS are a kind of shorts already. This brings the WS casino to BTC, I wonder if we must be happy with this... .
I think the wording reported by Torque implies that in order to short, you need to match your order with a long. Zero-sum. This opens the door to ETF and to all kinds of Wall Street madness. This is going to be huge.
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1 Canadian Dollar equals 0.81 US Dollar
And 1 USD equals 0.83 EUR - more or less the same as CND/USD. Yet the spacing between the red and the blue curves isn't the same as blue to yellow. Either there's something that eludes me in this graph, or someone is paying an unrealistic premium when buying BTC.
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Took a blow, here it is down in the 3630-3670 range. It might go back up to 3800 or down to 3500. I'm expecting a sideways October. China is priced in, so I doubt anything special will go on on Sep 30. IMO, small ATH due in November. A larger one at latest in January.
Before anyone asks: Who told me? Where do these statements come from? My sensitives. My back. IOW, just a hunch.
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What do you mean "Recognition is subjective"? Do you mean that where a westerner see a square someone else sees a circle?
No, but where a westerner sees green, someone might see some kind of blue. Where a westerner sees "straight, left, right, straight", someone might see different paths depending on the physical orientation of the page when it gets presented to them. All reference axes are relative to an absolute point on their island (a mountain), so they don't have relative words like "left" or "right" ("up" and "down" they do). Imagine a westerner dealing with IQ tests prepared by someone in one such population. There is much more cultural background to perception than we are aware of.
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I was told cheap coins? These are cheap coins... It's just that he wanted the cheaper coins.
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Q: So what do you do when you are large, wealthy hedge fund investors, and you want to take a large position in Bitcoin? You don't want to pay market price and enter long, as there are not enough coins in the exchange float to get a good price. A: And the best way to 'shake the trees' is...? (Hint: it just happened) My thoughts exactly. Add to "wealthy hedge fund investors": people about to launch derivatives in the USA - they need real collateral, at least until the SEC eventually decides to turn a blind eye to the intricate details.
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Antminer d3s are now on sale Currently offering MASSIVE boost in hash, will get around 1 btc/month at the moment Ah, so my previous note about next FUD wave must be revised. It's just Wu having a test drive and giving its buyers the usual handicap before selling them the new toy. Some kind of ius primae noctis.
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Someone already noted this. With the uncertainty about miners in China, this could well be the next FUD wave. Full mempool, delayed confirmations, sky-high fees. Big blockers to the rescue, "we knew SW is no solution!", "bitcoin is dead", "we've got the real bitcoin". Bracing just in case.
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I smell a dump
Guys please have the decency. Walk a little further before you squat and dump. We don't like the smell. Ahh, some people... pff....
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That's the news indeed. I'll wager an ETF is due soon on the other side of the Atlantic, too. The official reason for SEC changing their mind will probably be "now we have futures and options, so there is a proper way to stabilize reserve and clearings".
All they're doing is probably buying on behalf of clients through their regular platforms. They may not like it, but they do like the fees. Hm... in my blinding optimism I hadn't considered this easier explanation But... all together? On that perfectly aligned technical point? Still 50/50 undecided. If the dump/instant whale buy pattern repeats, I might lean back towards my original guess.
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