Well, after the 20% dump after Coinbase choked yesterday and the current price of $10,900 usd, I have switched my music choices to DUMP MODE. Chaplin's Funeral March ----------------------- https://www.youtube.com/watch?v=kyFyAqLtHq8Fickle is the mistress named Bitcoin!  Brad lol. You have to watch out how it will move up. We have only to wait for bitcoin to pump again. This day is quiet crucial for us because we don`t know if any time it could move down or continuously surging. But instead of singing that song, let us sing the "Father and Son" 'It`s not time to make a change! Just relax, take it easy.' Watch out because bitcoin will start to pump again. What are your music choices to play when Bitcoin Pumps? Put your choices here, via youtube or whatever so we can have a selection of BTC pump/FOMO music to choose from! Seems to be the time to 'crank up the FOMO/PUMP/HODL music choices again for me. (see choice below)  Thread here: https://bitcointalk.org/index.php?topic=5157131.new#new-------------------------------------- Secret Agent Man is my choice of song. The lyrics seem to sum up the life of danger for those of us in Bitcoin and Crypto!  https://www.youtube.com/watch?v=nGZ0ntpSx2YFor fun, post your HODL/FOMO/PUMP music you listen to on the thread above. later Brad |
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I believe there are some people in the community who are in the standpoint that "Bitcoin isn't successful" unless they can use it for "almost-zero fee" coffee transactions. But is it truly a failure?
not if it stays a store of value the catch is with facebook libra my view is will it stay a few years from now, a store of value? my own thoughts are that if LIBRa as an example works and is stable, that Facebook will make another coin, specifically for a store of value to displace bitcoin every cartoon I've ever seen with evil villains has me sure of this point, that is how this always works! but Libra and Facebook claim to have the speed and pockets to make libra the internet centralized currency of choice..even if they are not directly hurting bitcoin now as so success of Bitcoin in the future to your point, yeah, the status of only being a 'store of value' like gold is somewhat limiting indeed to being a currency what do I know? Brad |
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AYH by the end of tomorrow please.
It would be nice if the price of BTC got all the way up to 20,000 USD by tomorrow. However, I am almost positive with such a rapid rise, we would have a very deep correction, since many people caught in the December 2017 parabolic rise would love to unload and be done with BTC. I agree with the first part of your thesis, bones, including that going straight up to $20k might be a bit unsettling to the price and even difficult to sustain in any kind of meaningful way... -------------- Yep, said better than I could say. --------------
but I think that my reasons differ from yours... including that such an upwards price move to $20k would be too soon and too fast...
-----------
Ditto, would like it to plug to say 20k over a period of saying at LEAST 6-9 months, so folk could get used to the idea. Don't get me wrong. I would not be suggesting that any kind of BTC price stability would likely in the $17,500 to $24k arena, unless the BTC price were to bounce quite above that range first before coming back down. On the other hand, we could bounce up to $20k in a relatively short period of time and then correct back down to our current price or some kind of reasonable (or not reasonable) range of our current price, give or take a few thousand dollars. Also, kinda want to see the effect on markets of HODL'ers that run big Litecoin Operations, without a 'carry along' with the price on LTC after the halving in less than a month, that could act as a 'brake' IMHO, on Bitcoin HODL and Bitcoin Price as they have to 'redress' such if it stays flat or goes south in price. I would guess a majority of these miners are converting to Bitcoin as well.
Or, hell, it was what I used to do and what I remember from the last LTC halving, all sorts of scrambling..(currently not mining any scrypt-pow of any flavor)
I don't find it too productive to be spending too much brain power to attempt to make correlations between shitcoins and BTC price performance, including shitcoin LTC... Doesn't really matter too much about what the tail does, let's try to focus on the dog. Similarly with other shitcoins, sure sometimes the tail might get caught in a door or maybe it gets pulled or wagged by some other entity, but for the most part, considering other "dog" factors will remain much more important than attempting to monitor and/or attribute some causation based on tail dynamics. ------------
I kind of agree with serveria, though, that a lot of the weak hands have likely been shaken and they are not going to have too much of an impact.. In other words, FOMO is going to outweigh whatever easily dumping.. while at the same time there is going to continue to be a decent amount of institutional money that is secretly (or perhaps not so secretly) trying to get in on this bullrun and even engaging in some front running attempts on the price - including already starting to realize about a kind of inevitable upwards price dynamic that is caused by halvening.
Unsure that I agree with above completely, but would prefer your above 'scenario' even if modest...big FOMO, IMHO, would be if the traditional markets start to get weak, if they themselves just carry on sideways in price, at their ATH, I just can't see enough FOMO for your plan. Ideally, I'm dead wrong, just saying that would get to the FOMO level you explain above, again, IMHO. I think that I am describing a kind of phenomenon that could be taking place based on some current observations including the fact that more and more institutions are expressing greater and greater interest in bitcoin. Surely, some of this perhaps clandestine interest of institutions could dry up and could also have some symbiotic affects on retail as well.. including a variety of normal joe blows that begin to believe that there might be some upwards price opportunities. Really I could give few shits about the specifics because we should be willing and able to continue to monitor a situation that seems to be evolving that seems to involve more and more players with more money that they might be ready, willing and able to put some of their value into bitcoin which can cause snowballing effects upon others, including folks who already own bitcoin but start to believe that they might want to grab a bit of a higher stake, too. Of course, some of the buying/selling dynamics could change at any time and momentum could even dry up.... or even move towards downwards for a period of time. I am surely not wedded to the continuation of some kind of dynamic that seems to be evolving.. but also seems to be bullish for as long as it does continue to play this way. Yeah, my only point on altcoin miners is MOST buy or HODL bitcoin, depending on how they are doing. Thus the Litecoin halving and/or the 'supposed' altcoin catch up in price and some other stuff, COULD effect them HODL'ing and or DUMPING BTC for bills/expenses etc. to keep their equipment and data hall stuff in play, till the next altcoin revival or depending on how they play this HODL Bitcoin. MOST miners I know dabble about 50/50 alts and Bitcoin, as per ASIC equipment now. Thus, it is a big deal, if they have bills to pay, data halls to pay off, etc, etc. To BTC price with a quick dump. Perhaps that means a 'dip' and buying for BTC. Just saying, there would be an effect, IMHO. Anyway, from the usual grumbling I hear of being a miner of any manner anymore is hard as hell. Supposedly, anyway, from my generic contacts on how altcoin mining plays into BTC. Indeed, all my HODL is from altcoin mining. Just saying, seems similar to stuff in the past. I had to deal with on what to mine and what to HODL to keep the doors open on the mining operations. |
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Last month does look similar to a 'reverse head and shoulders', which is quite bullish.
We shall see. It would probably surge once above 12500, hopefully.
The catch is, what do you look at for odds? (guesses?) Will then pause and go to say $15,000 on full FOMO? Or will it correct back to say $10,000 again? That is the trouble with Bitcoin, she is such a 'fickle bitch'. If you can FOMO up $2,500 USD in a few months, Bitcoin can damn well CORRECT, on a 'whim' down $2,500 USD in the other direction to $10,000 USD! So what will be the future events that allow Bitcoin to either 'stick' say $15,000 USD or just 'trip' and go back down to $10,000 USD? Who knows. Just using the same mental gymnastics I would use with a 'hot' bi-polar girlfriend. When it is good it is very, very good! When it is bad, it is very, very bad. Trademark Bitcoin: 'Doing The Opposite Of What Everyone Expects Since 2009! (or hell, it is simply random fate/chance and FOMO that determines all of this stuff) later Brad edit: I'm stating the obvious, but you watch enough 'high wire' acts, with no net, eventually you have to step back and comment on the 'WTF' it is a 'high wire' act with 'no nets'. Just to set your expectations. |
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Sigh.
You need a 1/2 priced sale. 2 masternodes for the price of ONE. 500 BTC 2 = Masternode for Bitcoin 2!
Generate some hype on being the 'peoples' coin as far as 'masternodes' go!
That and the fact I might get a masternode at 500 btc 2 vs 1,000 BTC 2.
Yes indeed, I am that cheap (and bored making this post)
later
Brad
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Bitcoin and libra are very different coins. I don't think Libra can compete with bitcoin because Bitcoin is already much stronger in the market. Besides that libra is a stable crypto currency because it is supported and sustained by a capable banking system and focuses on the exchange rate of several well-known currencies such as USD, euro, pound sterling, etc while bitcoin is not regulated by the banking system or government and is more independent and open and the value is more fluctuating and unstable like libra.
I still think if LIBRA works and give it say 1 year to get the kinks out, they will make ANOTHER coin, and call it LIBRA GOLD, or some such and go after that 'pesky open-source' and 'evil' Bitcoin! Hell, if I was a 'criminal mastermind' it what I would do. Indeed, this is obvious to anyone who was raised watching 'Cartoon Villians' and their attempt to take over the world!" It is how megalomanic and billionaire individuals and corporations roll, more is never enough, you have to own all the 'virtual real estate' via the Facebook Plan on Digital Domination! All the rest of the world must be 'digital serfs' at our feet. Wait for it. If Libra works in any manner the next coin pushed will be a centralized version to go after store of value and displace Bitcoin. Not sure if it will work, but pretty sure, Facebook will eventually try to do so. later Brad |
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AYH by the end of tomorrow please.
It would be nice if the price of BTC got all the way up to 20,000 USD by tomorrow. However, I am almost positive with such a rapid rise, we would have a very deep correction, since many people caught in the December 2017 parabolic rise would love to unload and be done with BTC. I agree with the first part of your thesis, bones, including that going straight up to $20k might be a bit unsettling to the price and even difficult to sustain in any kind of meaningful way... -------------- Yep, said better than I could say. -------------- [/quote] but I think that my reasons differ from yours... including that such an upwards price move to $20k would be too soon and too fast... ----------- [/quote] Ditto, would like it to plug to say 20k over a period of saying at LEAST 6-9 months, so folk could get used to the idea. Also, kinda want to see the effect on markets of HODL'ers that run big Litecoin Operations, without a 'carry along' with the price on LTC after the halving in less than a month, that could act as a 'brake' IMHO, on Bitcoin HODL and Bitcoin Price as they have to 'redress' such if it stays flat or goes south in price. I would guess a majority of these miners are converting to Bitcoin as well. Or, hell, it was what I used to do and what I remember from the last LTC halving, all sorts of scrambling..(currently not mining any scrypt-pow of any flavor) ------------ [/quote] I kind of agree with serveria, though, that a lot of the weak hands have likely been shaken and they are not going to have too much of an impact.. In other words, FOMO is going to outweigh whatever easily dumping.. while at the same time there is going to continue to be a decent amount of institutional money that is secretly (or perhaps not so secretly) trying to get in on this bullrun and even engaging in some front running attempts on the price - including already starting to realize about a kind of inevitable upwards price dynamic that is caused by halvening. ----------- [/quote] Unsure that I agree with above completely, but would prefer your above 'scenario' even if modest...big FOMO, IMHO, would be if the traditional markets start to get weak, if they themselves just carry on sideways in price, at their ATH, I just can't see enough FOMO for your plan. Ideally, I'm dead wrong, just saying that would get to the FOMO level you explain above, again, IMHO. ------------ Who knows? Who knows? But surely is nice to be a HODLer, in these kinds of transformative times. [/quote] later Brad |
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This is for ANY Altcoin to show how you are 'gettng by' or 'not' mining with ASIC's or Whatever. My example is below for Litecoin Bitmain L3+ Machines at a data hall at 11c kWh Summer Rates. (Ack! That sucks big time!) So where I'm at with mining as of now, for mining Litecoin, per se. Before and After Halving. Litecoin better beat $150 after the Litecoin halving or all 'heck' is gonna break loose, IMHO. A whole lot of sideways running out of desperation, even at that rate, after halving. Right now, if you assume my 'guess' of all the equipment in the world that mines Litecoin that is still up 75% is Bitmain L3+ type units (or equivalent). Vary my guess down or up by anything you think appropriate, looking at the below calculator. Again, this is just a guess. Using www.litecointalk.org/calc which is a 'free pool with no fees' and pays now 101% LTC payout. You get the following for a 'stock' (you are a bit better off underclocking...but will not show that here) Bitmain L3+ Miner. I am using the following 500mh at 800 watts at 11c kWh (Summer rates in data hall in the USA Midwest, for me anyway) at the current price of $121 USD per Litecoin. -11c a day. (damn that is ugly) or -$3.20 per month. (1c makes a difference at 10c kWh it would be 9c a day or +2.56 a month profit...damn you, Summer Rates! Days before halving of Litecoin as of now: https://www.litecoinblockhalf.com/ or less than a month. 27days 20hrs as of now. 500mh 800 watts 11c kWh (Summer Rates for 4.5 months yet I think it is here) at $121 Litecoin USD price. Assuming, of course, the difficulty is flat. Profitability Analysis Expected Rewards Costs Net Profit 24 hours 0.01657349 LTC 2.01 USD 2.11 USD -0.11 USD 7 days 0.11601444 LTC 14.04 USD 14.78 USD -0.75 USD 30 days 0.49720474 LTC 60.16 USD 63.36 USD -3.20 USD What you would need for a Litecoin Price AFTER HALVING to make the same meager amount of money as of today. To make even a LITTLE BIT of profit. 500mh 800 watts 11c kWh at $150 Litecoin USD price. Assuming, of course, the difficulty is flat. Days after the halving of Litecoin as of now Profitability Analysis Expected Rewards Costs Net Profit 24 hours 0.01657349 LTC 2.49 USD 2.11 USD 0.37 USD 7 days 0.11601444 LTC 17.40 USD 14.78 USD 2.62 USD 30 days 0.49720474 LTC 74.58 USD 63.36 USD 11.22 USD 37c a day. (still meh!) or +$11/22 USD per month. So, from my 11c kWh point of view, and Bitmain L3+'s being 'tail end charlie' as far as efficiency miners at the back of the pack now. The "worst"? we are looking at with $150 USD and say difficulty flat is kinda more of the same. Keeping the doors on the data hall open and kinda 'meh!' Others with like 6c kWh rates etc are laughing their ass off at me. But that is the math, for the Midwest USA and Summer Rate increases. This is about 11c kWh rate. I don't see a lot of miners (if my assumption of Bitmain L3+'s still hanging on and being 75% of stuff mining yet is correct). Anyway, not a lot of miners will drop, the difficulty will go sideways, and what? 6 more months of meh! as it is? So sh*t has to come back in a big way. If the price of Litecoin was to dump to say $100 USD, IMHO. That 75% of Bitmain L3+ units would then drop off the network and likely the remainder of generations above the L3+ could do well. But just saying, if I assume again, that everything that can run from the Bitmain L3+ on up, and that difficulty is high and gonna go sideways because of everything that can be on, is on. Then the above meh! may be in our future. Hoping, Mimblewimble and the halving will solve some of this. But I looked at the last halving and found the following. Litecoin price on 9/8/15 price of LTC was $3.90 Price of LTC on 7/8/17 was $3.77. So the halving does not mean much. That was after 1 year and 11 months! More or less after the last Litecoin Halving. So yeah, altcoins, including Litecoin better come back in a big way, or this will really, really suck! Take the Poll on your electric rates and how you will fare on all this. Again, this is for any altcoin and any ASIC flavor of machines. Again, I used Litecoin Machines Bitmain L3+'s above as my example. Later Brad |
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Although the time for BTC has fluctuated strongly, the price of LTC is quite stable at about $ 114-120, I hope in the short term LTC can reach $ 150 and at the end of the year is $ 300.
Yes, you can see slowly altcoin starts recovering their prices in the market which is an indication which we might altcoin will start increasing their prices. I think there is plenty of space to increase the price of an altcoin. Hold it tightly until we some huge growth in terms LTC price. I am sure litecoin can reach more than $150 this year, but if that is not happening in this year, we have the next year to see litecoin reaches that price. Litecoin has a good way to increase, but the price now is not increase too high but stay in that level price so I think we need more time before litecoin can go to the higher price. Meanwhile, I am sure that many people are ready to place their litecoin in the order sell and I am sure that they want to sell at the very highest price later. Litecoin better beat $150 after the Litecoin halving or all 'heck' is gonna break loose, IMHO. A whole lot of sideways running out of desperation, even at that rate, after halving. Right now, if you assume my 'guess' of all the equipment in the world that mines Litecoin that is still up 75% is Bitmain L3+ type units (or equivalent). Vary my guess down or up by anything you think appropriate, looking at the below calculator. Again, this is just a guess. Using www.litecointalk.org/calc which is a 'free pool with no fees' and pays now 101% LTC payout. You get the following for a 'stock' (you are a bit better off underclocking...but will not show that here) Bitmain L3+ Miner. I am using the following 500mh at 800 watts at 11c kWh (Summer rates in data hall in the USA Midwest, for me anyway) at the current price of $121 USD per Litecoin. -11c a day. (damn that is ugly) or -$3.20 per month. (1c makes a difference at 10c kWh it would be 9c a day or +2.56 a month profit...damn you, Summer Rates! Days before halving of Litecoin as of now: https://www.litecoinblockhalf.com/ or less than a month. 27days 20hrs as of now. 500mh 800 watts 11c kWh (Summer Rates for 4.5 months yet I think it is here) at $121 Litecoin USD price. Assuming, of course, the difficulty is flat. Profitability Analysis Expected Rewards Costs Net Profit 24 hours 0.01657349 LTC 2.01 USD 2.11 USD -0.11 USD 7 days 0.11601444 LTC 14.04 USD 14.78 USD -0.75 USD 30 days 0.49720474 LTC 60.16 USD 63.36 USD -3.20 USD What you would need for a Litecoin Price AFTER HALVING to make the same meager amount of money as of today. To make even a LITTLE BIT of profit. 500mh 800 watts 11c kWh at $150 Litecoin USD price. Assuming, of course, the difficulty is flat. Days after the halving of Litecoin as of now Profitability Analysis Expected Rewards Costs Net Profit 24 hours 0.01657349 LTC 2.49 USD 2.11 USD 0.37 USD 7 days 0.11601444 LTC 17.40 USD 14.78 USD 2.62 USD 30 days 0.49720474 LTC 74.58 USD 63.36 USD 11.22 USD 37c a day. (still meh!) or +$11/22 USD per month. So, from my 11c kWh point of view, and Bitmain L3+'s being 'tail end charlie' as far as efficiency miners at the back of the pack now. The "worst"? we are looking at with $150 USD and say difficulty flat is kinda more of the same. Keeping the doors on the data hall open and kinda 'meh!' Others with like 6c kWh rates etc are laughing their ass off at me. But that is the math, for the Midwest USA and Summer Rate increases. This is about 11c kWh rate. I don't see a lot of miners (if my assumption of Bitmain L3+'s still hanging on and being 75% of stuff mining yet is correct). Anyway, not a lot of miners will drop, the difficulty will go sideways, and what? 6 more months of meh! as it is? So sh*t has to come back in a big way. If the price of Litecoin was to dump to say $100 USD, IMHO. That 75% of Bitmain L3+ units would then drop off the network and likely the remainder of generations above the L3+ could do well. But just saying, if I assume again, that everything that can run from the Bitmain L3+ on up, and that difficulty is high and gonna go sideways because everything that can be on, is on. Then the above meh! may be in our future. Hoping, mimblewimble and the halving will solve some of this. But I looked at the last halving and found the following. Litecoin price on 9/8/15 price of LTC was $3.90 Price of LTC on 7/8/17 was $3.77. So the halving does not mean much. That was after 1 year and 11 months! More or less after the last Litecoin Halving. So yeah, altcoins, including Litecoin better come back in a big way, or this will really, really suck! Brad |
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Don't go by this calculator it lists the scam site. THIS IS A SCAM SITE CALCULATOR HAS FAKE DAYUN LINK: https://cryptocalc.online/en/miners/dayun-zig-d2?powerCost=0.1&symbol=MONAHere is the scam site for Dayun. Again THIS IS THE SCAM SITE FOR DAYUN MINERS LINK: http://www.dayunmining.com/Again, above is A SCAM SITE AND THE OTHER IS A CALCULATOR THAT LINKS TO SCAM SITE above. You have been warned. On the other hand, just for reference, what is the LEGIT MANUFACTURER SITE, even if you can't buy from them directly? I'd like to see the site where this is made, even if I do need to use Google Translate Chinese. The ONE site I know that is legit that carries Dayun stuff is of course www.eastshore.xyz They are legit and usually are a bit higher in price, but hey, something. Doubt I'll get one, but was tooling around the Internet and tripped over the above links that show treachery and scam sites (above) figured I'd post here later Brad THIS IS NOT A SCAM SITE. We constantly work to make this site better. All links to SCAM SITE ( http://www.dayunmining.com/) has been removed. Thank you for your attention! Also we want to remove all zero value exchange coins from list to make the profit value more realistic. Thank you and sorry for that incident. er...sorry to burst you scammer bubble. But IF this is this site (the calculator site https://cryptocalc.online/en/miners/dayun-zig-d2?powerCost=0.1&symbol=MONAthe above dayunmining.com is still shown..which IS a scam site. Again, if this is what you are refering to the link is still there on the english page. If again, you are saying the calculaor link, by your reply. IF SO DON'T READ BELOW THAT APPLIES TO THE SCAMMER SITE IF THAT IS WHAT THIS POST MEANS. --------------------- If you are refering by your post that the scammer site IS legit with your newbie account I say Bullsh*t! Dayun site above says it has a 240gh miner. I don't believe it. The site does not support this and there is NO info on this site and equipment of any real note. This site cropped up 'last year' see the scam site thread on Bitcointalk here: https://bitcointalk.org/index.php?topic=5138450.0It will take more than a NEWBIE ACCOUNT for folk to fall for this. You have my email, I threw down a challenge, send me a unit, I'll review it, if it is legit I'll even pay you the BTC you want on your page (now from 2.3k to 2.8k). But only if it 1) exists and 2) works as advertised. 3) hell even then if group buy I'd likely need escrow No way, IF YOU ARE LEGIT are you likely to get a toe hold on selling these miners via bitcointalk and the USA proper without some put up or shut up proof. Look at my profile, I've done escrow for innsilicon group buys before, I have a +22 trust rating, again, you have my email, fill free to pm me here or email me I get the unit, I review this supposed 240gh unit, I happily eat crow if it works and pay you and then hell..you are off to the races. But naw, so far it all screams scam, (re-read above why I wasted 5 min of my life replying to this when the odds are the same as if this is legit of me being Natalie Portman's Love Puppet is beyond me) Whatever, moving on. (I have no life 4th of July in the USA and I'm playing verbal tag with likely scammers..sheesh...I need a life!) Brad Thank you sir! Does it better? https://cryptocalc.online/en/miners/dayun-zig-d2Much better! The model in question also does not exist. I think there is a D1 model but I think it is x11 or another protocol. I gave you merit for this post. I'd suggest before you ACTUALLY put up links to the equipment you go thru www.bitcointalk.org threads. Do a google search of whatever the supposed company or product is with bitcointalk.org added, this should show you a thread on the company and/or do the product model. Then at least you can see the Bitcointalk threads of people discussing the validity of the company and or the equipment. Then go from there I guess. Thanks for listening. Brad edit: Also took a chance and gave your newbie account a trust rating of +1 , so don't disappoint on your calcuator project. You may want to look into a bronze plan on bitcointalk I think it is around 40 buck in usd of Bitcoin, to get around some of the newbie restrictions on gaining rank...what I would do as a newbie on bitcointalk. Just saying. |
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Many of us prefer to hold multiple kind of coins. What do you prefer: holding it in a sigle kind of wallet or have it on a different kind of wallet? Personally, I prefer to store in an opensource multi wallet that support all my preferred coin and even ERC20 token, its the only opensource multiwallet available called Hodler and so far I find it good. Do you think, this is really good idea?  Bitcoin O.K. Litecoin 0.K. LISK ....meh! but then again got it at the ICO and so WTH HODL. Dubious but it stakes. Siacoin....meh!...same as above...got it from dubious equipment I sold for same and this is extra SC coin. So WTH HODL. FujiCoin....dead!...coin is dead unless protocol change...a scrypt-n pow coin no less. Sigh. Worthless and held too long. Very little invested..so meh! Bitcoin SV...meh! Kinda stuck, if I wind this out, it is a 'taxable event' thus it still sits on the Bitcoin Blockchain like a 'dubious' leech. Bitcoin ABC...meh! (same as above) Bitcoin Diamond, Bitcoin Gold, etc, etc (see above) So the danger with me an Altcoins is stuff I shouldn't keep has very little invested and/or dubious with IRS on how to withdraw from Bitcoin Blockchain I suspect MOST people, with the exception of maybe some top ten altcoins, also is a mixture of stuff gotten over the years and kinda looks like the above. Anyway, how I see the sh*tcoins besides Bitcoin and (maybe?) Litecoin I am in HODL mode with. Brad |
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Just received an actual paper offer for outstanding Mt.Gox claims. $900/BTC edit/ Dear Creditor
I manage an investment vehicle which has been buying Mt.Gox creditor claims. Our investors are long-term oriented, so they are comfortable holding on until the matter is resolved in Japanese court. I'm particularly interested in Mt. Gox because I am a cryptocurrency investor personally. I flew out to Japan to attend the creditors meeting in March, and based on our research we've set a price for claims which we think is fair to creditors and fair to our investors.
We review each claim individually, but we are now generally able to offer $900 per BTC claim, or roughly 200% of the bankruptcy value (which was $451 per BTC claim). We can pay that in Bitcoin, or any fiat currency of your choice. Our payment would be made within 10 business days of the claim transfer confirmation.
Based on the above, the estimated value of your claim would be $(redacted).
Please reach out if you're ready to discuss selling your claim. We are planning to purchase claims until July 31, so please get in touch as soon as possible via email at (redacted).
Note that this is subject to the disclaimers and confidentiality provision below.
Thank you,
(redacted) I think that period to do this has passed. Seems I remember right after some guy buying such stuff up, but I think it was stopped. You sure this is not some kinda scam offer? seems fishy to me, in that mt. gox will likely pay you back the fraction in USD at the point of the sending as usd=btc at that time. don't get it brad |
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"Umm, I don't know"  Yeah.. what a fucking scumbag scamming goofball, and seeing his actual words contributes to such impressions. Ok. So what are the options in this Trial? 1) he loses and then claims he has no access to funds due to trust as stated in trial..ie nothing for plaintiffs? 2) he loses and also gets 3-4 weeks for contempt suspended and/or served? (Someone said on the thread no more than that unsure) 3) He wins the case, and blithely goes along claiming to be Satoshi? Is there an actual chance he could lose in court and actually LOSE all his assets and/or go to Jail? Or would such a civil case not allow extradition and/or he would easily reside in a country and just avoid it? I just don't see any info/articles on the 'bad stuff' that will happen to him if he loses the case. enlightenment anyone? Brad This case is going absolutely nowhere. It is a claim on 1.1 million Bitcoins supposedly mined by CSW and Dave Kleiman. But the only evidence that any Bitcoins were mined at all comes from CSW. Dave Kleiman did not leave behind any mining gear. In all likelihood, no Bitcoins were ever mined, or only a very small number. Everything else is just the product of Craig’s fertile imagination. Likely you are correct, or indeed if Dave Kleiman was Satoshi and passed away that is the reason that massive Bitcoin Hoard, has not moved is..in that the keys are lost. As being Satoshi, and maybe the majority of these keys were 'test keys' and such when Bitcoin was essentially worthless, that is the case. Again, frigging Craig Wright will declare it a win and move on. I have to admit I'd hate the stress but he seems to make good money as the fake Satoshi, don't ya know. Last I heard Bitcoin SV was worth over 3 Billion USD. Some of that has to be in his crooked pocket. Would have been great to have him proved as a fake and if Dave Kleinman and Hal Finney were indeed the makers of Bitcoin, settle this once and for all with their passing. Seems that is as big a dream as ever seeing Craig Wright suffer any real consequences for his lies. Damn, that sentence sucked! Brad |
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I wonder what are the consequences of the trial by Dave Klieman's brother for 1/3 of a Billion Dollars.
Unsure that if he loses, he will not go to a country without extradition and suffer nothing for his lies.
Also, if he was in a Satoshi Group with Dave Kleinman and Hal Finney and himself, and as a result is the last man standing,
he likely would know that the inventor(s) of Bitcoin are indeed dead, in that both the other 2 men have passed away.
I suspect he will lose the case, continue to state he has no access to the coins till 2020 and beyond, and go to a country
where he can't be extradited on a 'civil manner' like this. Thus, he will declare 'Victory' and FML if Bitcoin SV won't go up another 33%
because from what I can tell from this whole farce is humans are idiots and will believe anybody almost.
Brad
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The only reason you would use/buy this coin IMHO would be to purchase on the spot items via facebook with parties that have difficulty with banking and such. Thus, 1st world nations supposedly could trade easier (can you say impulse buy) with places like Amazon and eBay and etc w/o credit card and bank accounts. As far as I can tell the Libra coin (in $$) vs the Libra coin (in $$) as the transaction is done is pretty much the same in whatever currency in and out. Also, supposedly they could use this like micro-lending in India types of things, or so Facebook claims for those who in the world are 'unbanked' So, hodl'ing this coin will not 'supposedly' provide a store of value like BTC. From what I gather on all this. I'm likely wrong/too simplistic and missing Facebook's nefarious plans...but anyway for what it is worth. Brad |
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litecoin still seems to have not experienced a sign of a significant increase. I still haven't seen if Litecoin will experience a fast rally. must require a lot of stages so that litecoin can return to the best price
This is because the promise of 'mimblewimble' as a private transaction protocol is, as usual, lagging behind the coming halving. If they would have that in place right now and with the having, the price would be pumping a lot more, IMHO. Litecoin always does this 'announces' something and then never gets around fast enough to implement this or worse (remember the supposed Litecoin Debit Card Fiasco) So, halving may kick the price up a bit more...but IMHO a $130 LTC will be pushing it to stay at that price sideways with the 'aftereffects' of half'ing on mining, that is my guess. Brad |
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"Umm, I don't know" Yeah.. what a fucking scumbag scamming goofball, and seeing his actual words contributes to such impressions. Ok. So what are the options in this Trial? 1) he loses and then claims he has no access to funds due to trust as stated in trial..ie nothing for plaintiffs? 2) he loses and also gets 3-4 weeks for contempt suspended and/or served? (Someone said on the thread no more than that unsure) 3) He wins the case, and blithely goes along claiming to be Satoshi? Is there an actual chance he could lose in court and actually LOSE all his assets and/or go to Jail? Or would such a civil case not allow extradition and/or he would easily reside in a country and just avoid it? I just don't see any info/articles on the 'bad stuff' that will happen to him if he loses the case. enlightenment anyone? Brad |
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FYI. I mistakenly flag'd the wrong side in the vote. In that both votes say that Livecoin, did what they did, I simply now will refrain from voting for either. So consider that mistake redressed. Sorry for the confusion. Searing Edit: changed my mind and voted. FYI. again. What a cluster. |
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Imo, we definitely need to do something. Either change it to PoS with MN or just fork to a more viable algorithm for GPUs (or CPUs?).
Again, I know zip, but taking those with existing FJC and letting them run masternodes as a pos coin AT LEAST lets me do something with my FJC. Even mining AIR is something. Sure can't sell the stuff. May as well, make a wild ass attempt at something like pos coin or masternode or merge with another pos coin or masternode coin. Something, right now FJC is doing a good imitation of a rock. It exists and occupies space, but doe not move in any manner. |
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