Discussing about US elections and personal matters. In the meantime bitcoin going to the moon.
Yeah I meant the latter  so basically I was asking why it was en route to the moon again... Halving making effect, fundamentals good... maybe the US elections had something to do with it? I don't see why but the S&P is up 3% in spite of the (unclear) result. Let's see if someone else can enlighten us. |
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What the hell is going on right now? Didn't have time to catch up, anyone would like to summarize?  Discussing about US elections and personal matters. In the meantime bitcoin going to the moon. |
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Bitcoin price $14,041 @ Bitstamp. $13,991 @ CMC. It seems we are breaking the resistance guys!  |
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I got one and it does look very convincing if you don't pay attention.
Indeed. I've just received two, identically the same. I don't know why they have sent me two. But I've checked to see what was happening and I've realized that the phishing ones come from support@ledger. cam while the one I got warning me of the phishing scam attempts came from noreply@ledger.com. I just received another such email in my inbox, even though I reported that address as phishing. They are good. The problem is, now that they have our email addresses, they are not going to stop. If I buy another hard wallet, I will buy Trezor. |
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This is a if you can't beat them, join them example.
People are so desperate about the situation in Venezuela that they will do anything to be able to eat. Many Venezuelans today eat thanks to the remittances sent to them by family members from abroad, some of which are in bitcoin. Many locals also have bitcoin as a way to protect themselves from massive inflation.
Until now, the government had no control over these types of transactions. And that's what it wants to do, control them. But I don't know if many people will voluntarily agree to make transactions via the government, when they can do so anonymously.
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I don't think it's so scary. As you say, to have a google account, you already needed a verified phone account, and they could also trace you via IP (there are very few people who use VPN). The ID thing is one more step, but it doesn't change much. In this case I think it is to know your age, because having your mobile number (or your IP) they could not know your age.
What I do believe is that the channels that produce restricted videos will migrate to other platforms, such as vimeo.
They should start doing this with porn-Youtubes like Xvideos or Pornhub, because we have a generation of kids that start accessing porn at a very early age, like 8 or 10 years old.
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Yes, it can.
I don't agree with lockdowns but the world has survived many epidemics. There weren't lockdowns back then but in many cases the economy practically came to a standstill.
The black death killed around 50% of the population of Europe (it is considered 30/60% depending on the author). It was devastating for the economy but the world didn't end. The same as for the Spanish flu. It killed about 10% of world population and that was on top of WWI. Do you know what happened afterwards? The roaring twenties.
The lower the low the higher the high. The problem is, during the lows many people suffer.
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I find it almost unbelievable that a pension fund would invest in bitcoin or any cryptocurrency, given how risky they are--unless it's a stablecoin, but holding one of those isn't going to make money for anyone.
If I recall it correctly the Norwegian Government Pension Fund, also known as the Oil Fund, has over $1 trillion in assets, including 1.4% of all global stocks and shares. It is considered the world's largest sovereign wealth fund and according to Arcane Research’s report on Sept. 19, the fund also owns almost 600 Bitcoin (BTC) through its investment holdings. https://cointelegraph.com/news/worlds-largest-sovereign-wealth-fund-indirectly-holds-almost-600-bitcoinWhen I read what The Pharmacist said I was thinking about that. Normally pension funds are conservative, because investors are in a diverse age range, and the fund cannot afford to have the net asset value fall by 50% overnight if it has 30% of its investors at near retirement age. A pension fund whose participants were all under 40 could afford such moves, but there are no such funds. So I think that if pension funds invest in Bitcoin, like the Norwegian fund, it's for pure diversification, having only a small share. |
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The rising number of institutional investors leads to Bitcoin getting hit harder during top events such as American elections. IIRC, 2016's elections have had an impact over Bitcoin and precious metals too, so has Brexit. It definitely does not decide or change its fate, but it does influence prices. The fact that Bitcoin always has the halving right before elections strengthens the influence even more imo.
This. It is naive to think that the price of bitcoin will not be affected by the election, using arguments based on our ideals. The price can be affected by any event of certain relevance, as it happens in the stock market. And in fact, until very recently bitcoin has been related to the S&P 500. |
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At the end of the day, I've been playing online poker during many years and I don't find interesting any of the proposals to play poker using crypto. I play at Pokerstars and I get good profits from it. I don't see myself getting the same or more profits playing in crypto sites. There won't be nearly as many players, software will be worse and so on.
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These people who come here and ask that question don't realize that the only thing they're going to get is being ignored or finding out that they've been banned in the past and therefore they get banned again, as happened with the last post I saw of that style.
Someone who asks that doesn't deserve merit. Period. The one who ends up getting merit, either doesn't care, or seeks for himself how to get it.
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We breached it as far as price is concerned. Regarding market cap, we breached it over a week ago. Graphs look good but I don't know what short-term impact the US elections can have. Anywat, I'm pretty confident that we are in the path to 20k and over.
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If you were to consider that the initial price equivalent in fiat was $0.0008 your mind would blow.
In many cases, those authors who write against bitcoin do so because they perceive it as a threat. In some other cases, they even do it to drive down the price and buy bitcoin on the sly.
Just educate yourself a lot on the subject and decide whether they are correct or not.
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I'm pretty sure that PayPal doesn't allow its users to send billions of dollars,
If someone tried to transfer that amount by Paypal or by a bank, the problem would not only be the commissions. With the international anti-money laundering laws in place, he would have to give an explanation of what he wants to transfer those funds for. With bitcoin, he can transfer them whenever he wants without giving explanations to anyone. |
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I am not connected so many hours as most people who have commented because I have a fairly busy life. I'd say at least 20 minutes a day. Less during the week, because I don't have that much time. But I guess as time goes by and gain more knowledge I will spend more hours.
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For me it is not so important when we get to a new ATH, but it seems that the halving begins to make its effect. Lately we have seen a decoupling between the bitcoin and the stock market. So, everything seems to point in the right direction. I don't know what effect lockdowns could have though. I march made the price fall and the same could happen again.
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I know that I can get more users if I add more variety of gambling games, but this is just the usual practice in poker room currently. If you check for example Pokerstars website (originally it was just a poker room), you can see that they opened a Sportsbook and Casino. And 90% of his promos are for this players and not for poker player. I want to recover the essence of online poker.
About the collusion. Well, I think the correct is "poker can bring collusion". Of course, anyone can create 5 wallets and play with the 5 in same table. But I can do exactly the same in any poker room I want. Just need 4 colleagues with a Pokerstars account (KyC verified) and a his mobile phones. Just download the pokerstars app, and play at the same table with the 5 accounts without wifi. 5 diferent persons, with 5 diferent mobile phones and IP's.
The idea is launch only windows/OSX/Linux wallet and not mobile apps. In our opinion, as I said, most powerful tool for collusion are the mobile apps. And of course, the typical rules anticollusion. It is more difficult to do with three computers than with three mobiles...
Best regards!
I did not say that you would get more variety of users if you put more variety of games. I talked about variety of currencies. But I suppose you would get more users anyway. What incentive do people have to play with a coin that, in principle, will be worth almost 0? On the other hand, pokerstars has a team dedicated to monitoring cases of collusion and, when in doubt, banning the user while investigating the case. The problem with anonymous users is that collusion is much easier. But I don't want to go on too long with this, because I see that in the last message you said that you could take some measures. This being said, I have to say that I would like your idea to succeed. A poker only room and with 0 rake, that would be great for me. If the coin had real value, like being in the top ten at coinmarketcap.com, it would be wonderful. But that's dreaming a lot I think. |
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-snip
The problem I see with your idea is that the vast majority of casinos (I don't know if all of them) offer you the possibility to play with a variety of coins of your choice. I believe that your idea could only succeed if the coin you create reaches a great value. So people would be interested in buying/mining it. But I don't think it will come to that just because it serves to play poker on that specific website. There are not that many people who play poker regularly. And those who do have many more options to play, probably with better software and more variety of currencies. Other than that, anonymity can bring collusion. I don't know how you plan to fight that. I wouldn't play in a poker room where people can collude. |
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I got one and it does look very convincing if you don't pay attention.
Indeed. I've just received two, identically the same. I don't know why they have sent me two. But I've checked to see what was happening and I've realized that the phishing ones come from support@ledger. cam while the one I got warning me of the phishing scam attempts came from noreply@ledger.com. |
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Grayscale published a report on bitcoin adoption. One table stood out in my opinion:  The only true division between bitcoiner or nocoiner is age. The future is ours! Read more on it and dowload it hereI don't find it so surprising. Male between 25-50 years old, employed, living in the city and with a tolerance for risk would be the most typical profile of a bitcoin investor. It is quite similar to the one who buys shares in the stock market or who does all the banking from his mobile. |
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