If anything I see the BCH fork as bullish for bitcoin. People are presumably going to either cash out their shit fork coin to fiat or/and convert it to bitcoin.
I think we’ll see the bitcoin price go up on the day or a few days after their fork.
Well bcashABC and bcashSV is a closed system, so them exchanging their alts for each other, from the outside, is a zero sum game. Now the big question is inflow/outflow from the outside capital. Do you expect the loosing side just simply watch as they're loosing or do you think they'll try to put up defense and prop up their side? Both sides have their reserves in BTC, so i don't think it's unrealistic to expect them to burn through their BTC stashes to support their side. That's why after the fork the sum value of both chains is usually higher than the initial chain, as both sides brought in outside capital to prop up their visions. I think CSW already proved that he's willing to burn money on hash rate when mining his useless chain, and i don't believe he's a complete idiot, so he'd also need to prop up the value of his chain at some peg as well. But i believe that was already going on as both sides were planning for this and have been gradually cashing out their BTC in preparations for this event. Thats why BTC has been trading sideways for last few months. But in any case this is good news for BTC, the more those geniuses reduce their BTC stashes fighting each other the more irrelevant they become to BTC. tl;dr maybe a bit more short term sell pressure on BTC while both sides deplete their BTC reserves in the last battles of the bcash war |
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I enjoy the bCash drama these days. CSW owns more than 70% of the hash...ohh the irony  70% of 9% = 6.3% Thinking bitmain owns a lot more which is currently on the bitcoin network. Plus doesn't bitmain own 1MM of bcash? Can't wait for them to start shit slinging and offloading each others bcash versions. But something is telling me that Jihan's finances are not as good as CSWs PS: Is roach hating Jews or pumping silver above?  |
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I got him on ignore but betting there's an 80% chance there's jew hating rambling or 20% chance of buy silver bullion RIGHT MEOW! template above
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Was roach right all along? Time to read Mein Kempf?
You should read Torah regardless. Those who don't learn from the past are doomed to repeat it. You can skip Torah. A much better, modern discussion of the 'The Jewish Question' and why i have my insecurities is a Tanakh by Kevin MacDonald. my penis is very very small too: <img>What if I told you jpg</img> That everyone who wants to manipulate a bunch of people to attack their enemy must first convince people that their enemy is not human. It has happened throughout history with every culture that has gone to war. Guess what? All humans are humans. Even <insert your leader's enemy here> Except for r0ach, there's no way it's not a raspberry pi with a short list with jew hating PM pumping templates |
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On the other hand, if you moved your bitcoin from the old addresses, but you never claimed your bcash from those old addresses, then those old addresses would be bcash fork eligible.
Well, unless you've had those transactions replayed on the BCH chain. In which case: too bad, so sad. 'Youze been played, sucka!'Then both coins would be at the new address. But BCH has replay protection so that wouldn't happen |
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WAY better than nothing. Though "portfolio cash value" is not the same as USD Fiat on deposit. It could be all on Tesla stock for what we know or any sort of high risk high yield investments.
The portfolio may even be in the form of Tether! P.S.: Also one single signature from some UNIDENTIFIED person and not even an official bank seal..... It's almost comical when you are certifying almost 2 Billion USD.
For reals, dude. "USD Fiat on deposit" is nothing if you don't know their debts. i.e. money could've been borrowed for a day and deposited to the account short term just for the letter. Bottom line, it's most likely illegal and will always require trust in 3rd party. Those that don't know history are doomed to repeat it. Yes. It doesn't say anything about liabilities. That being said I don't think it is that easy for a shady crypto exchange to obtain a (nowhere near) 1.8Billion short term lending at *ANY* cost. The risk of those founds being frozen "in transit" are HUGE. So it must probably be theirs OR the bank is in it OR everything is fake. What if it's a photoshoped document all together, don't think banks are legally allowed to confirm it to outside parties? Anything outside of full audit by big four is pretty useless, so why bother |
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WAY better than nothing. Though "portfolio cash value" is not the same as USD Fiat on deposit. It could be all on Tesla stock for what we know or any sort of high risk high yield investments.
The portfolio may even be in the form of Tether! P.S.: Also one single signature from some UNIDENTIFIED person and not even an official bank seal..... It's almost comical when you are certifying almost 2 Billion USD.
For reals, dude. "USD Fiat on deposit" is nothing if you don't know their debts. i.e. money could've been borrowed for a day and deposited to the account short term just for the letter. Bottom line, it's most likely illegal and will always require trust in 3rd party. Those that don't know history are doomed to repeat it. |
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I can't even open it because it requires me to register an email so that they can brainwash me keep me informed of the economic situation! Edit: Nevermind, for whatever reason it opens from PC but requires email in the mobile version of the page... Too lazy atm to check if I had done something stupid! First fake email didn't work "You recently requested access to Morgan Stanley Research, but we were not able to verify your account using the email address you provided. To rectify this issue, or if you did not request access, please call our Client Services hotline at:" that's as much effort as i'm willing to put into it |
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... in gentle loving way or a sick, perverted abusive kind of way?
Perverted abusive and kinda kinky taboo fun type-of fucked with. Shits getting all weird with this sideways flatline this afternoon. I don't like it. Two more weeks of this... bcash wars aren't cheap and we have lunatic BTC billionairs going after each other there. |
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NYC subway. Nice advice, what is 'doors' though?  What is "crypto?" Does it include bitcoin? What percent? Why not just say "invest in bitcoin"? What would be defective about saying "invest in bitcoin"? Sounds like misinformation and a distraction to me. I can only guess that some biased media's (Republic in this case) already have an instructions on Bitcoin mentions as a 'brand' which could compete with some government(banks) blockchain future projects. The similar case in China:  Anyway I think it's a good thing, random subway rider will search 'buy crypto' and Bitcoin will pop up first. I am NOT saying that no advantages will come to Bitcoin from various kinds of general "crypto" advertising; however, I am NOT going to lower myself to that level of cowardice, and I am going to continue to rant and rave when I see folks using those kinds of general terms. An additional point remains, as well, that those of us who are investing in bitcoin, and not getting distracted by the general "crypto" and "blockchain" references are going to profit immensely from both the disinformation and the distractions that people continue to have in their investments into shit coins and shit "crypto" projects merely because they don't know how to differentiate the value of bitcoin. In other words, I am not going to participate in such bullshit misinformation, even though I (and other folks who are largely focusing on buying, HODLing and accumulating BTC) am very like to profit from all the dumb (or "mislead" may be a more charitable adjective) people out there. Just the next phase in life petro, cryptoruble, cryptodollar (tether lol?), cryptoyuan, cryptorupee etc... are sure to follow. Think they call it the bargaining stage? |
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Standing on a jet ski, the horizon is 2.5 nm away.
So 15 nm is 6x over the horizon. You will want to be able to navigate in fog / dark / squall on both inbound and outbound.
Also you will need to be able navigate coral channels in fog / dark.
So why some places don't allow jet skis? |
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yow @XhomerX give roach a HAT to one especially for him, we all know you can create something awesome SIZED TO ANYBODY ....... a HAT with donkey ears or something He probably wouldn't wear a hat with donkey ears and a silver hat didn't look right so...  Avatar-sized  edit: fixed avatar image (forgot to flatten layers before exporting) It'd be more appropriate on a yamaka or a rastafari hat |
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I don't know how some of your guys stumble upon your avatars but it's getting really difficult to find the remaining few I need to complete the set. Case in point: poolminor https://pikabu.ru/story/seksologiya_dlya_detey_5245732 I don't judge, I just make hats.  Avatar-sized  And here i thought that his avatar can't get any more disturbing, i stand corrected |
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I'm not sure what is going on ATM. Something weird is afoot.
Bitcoin is crashing. We're all going to die. Time to start acquiring a taste for canned dog food. Practice this phrase: "do you want fries with that?". Full billionaire mode is on  stocking up on cash in preparation for that bcash fork in november, there's only one way they can fund their games |
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The fuck does their Ipo have to do with a huge reliance on a complete shitcoin that can bankrupt them? Call me confused. Bitmain has been bcash's life support from the beginning, and they started to run out of bitcoins to support bcash. Going IPO means they're raising more capital, which they'd undoubtfully burn to continue propping up bcash. |
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56,1% dominance!  |
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Everyone has been extremely bearish. Could be a bullish sign, as Theymos mentioned.
At any rate, I can't imagine us going below $3K.
LOL, I am pretty convinced this shit is going sub 1K. Years from now and it will be remembered as a scam of the century, it actually is, admit already that all you are waiting for here is just new bunch of idiots with student loans. No difference with 2014-2015, but this time it will never hit even 10K. We all thought bitfinex is evil and doing disservice to bitcoin, but Bitmex is worst. We should avoid bitmex. It will be the end of bitcoin. That exchange will squeeze every penny you have. Hayes greed is insatiable. Look at that face. Damn greedy bastard. Bitmex is scheming and scamming all traders there. Now it control significant amount of bitcoin and look at what its doing to the crypto community. Even lunch money will be stolen from you by that greedy hayes. We need to stop bitmex now. or else its death for bitcoin. Ohh noes! You mean bitcoin will die?? Good thing we never had an exchange go under before, or bitcoin would be long dead! |
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Everyone has been extremely bearish. Could be a bullish sign, as Theymos mentioned.
At any rate, I can't imagine us going below $3K.
LOL, I am pretty convinced this shit is going sub 1K. Years from now and it will be remembered as a scam of the century, it actually is, admit already that all you are waiting for here is just new bunch of idiots with student loans. No difference with 2014-2015, but this time it will never hit even 10K. But what if i'm waiting for retailers to start accepting bitcoin so i don't have to loose money on FX every time i go to starbucks outside the country i live in? Then your whole presumption kinda falls apart doesn't it? |
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I’m going long if we get under $6k.
We will, and then subsequently below 5K, and then perhaps another rise before the next trap. Sub 2200-3K in our future. There will be many more short term trading opportunities during the next 5 months. The major pattern relies on the halving. Reward-Drop ETA date: 22 May 2020 02:07:54 https://www.bitcoinblockhalf.com/Bottom predictably in around Feb-March 2019. By all means BTFD, but also plan on a longer accumulation time, you will have 12-13 months worth of accumulation time before we reach this level again. These are my opinions based on 5+ years studying the patterns of many crypto currency markets and understanding the math and fractal patterns associated with markets. You could always just go with Roach's plan of Exter's Pyramid and place gold as the end all of investements; or was it silver now as the better investment strategy? Meanwhile edityou can everyone else can stare at my balls...  Nope there's war in bcash land. Wars are expensive and all sides are sitting on sizable BTC stashes which they're liquidating to fund their little war. Get some popcorn enjoy the fireworks, BTC is just getting a bit of an aftershock from the nuclear blast that about to go off in bcashlandia, the silliness should end in November after they strangled each other, as in either case the looser will start dumping their bcash reserves |
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Only ~280k BCH have been mined since the end of March. Plus, they have stopped only accepting BCH for their equipment. Also, they now have competitors that are putting out better equipment then they are putting out. I doubt that they have accumulated 1.2 million BCH. They are strapped for cash and it does not appear their IPO is going to go over very well. I really doubt that they are in any position to attempt to buy more BCH. However, BCH has a few more billionaires who probably do have the resources to bolster the price of BCH. I'm afraid antminer's days are numbered unless they can get something going their way ASAP.
Ok your math checks out. So the increase in BCH from Dec 31 to March 31 is ~162,00 for mining. 214,000 - 162,000 leaves 52,000 acquired by other means. Hardware sales of 52,000 x $1500 average price = $78 million in sales in first quarter? I don’t know if that is realistic or not. this is a good article on the topic. they made a good deal of BCH from sales of ASICs. https://medium.com/@btcWolves/a-bch-update-bitmain-bch-the-ipo-what-it-all-actually-means-354220b86ac3Bottom line the trend is clear, their BTC reserves are going down and bcash reserves are going up. Only one of those two is sustainable. And trends point to their BTC piggy bank already being exhausted. I'd love to short that turd on day one if they actually find enough idiots to carry them into IPO with those books. (How about we dump $10MM into illiquid market that we control thus bringing up our pre-ipo market cap by few billions! genius! Now who wants to buy these?) Can't wait for the news, first blockchain IPO flaps on the opening day and "bitcoin" will die one more time |
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