Fakhoury
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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July 11, 2016, 04:24:46 PM |
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ATM's being emptied and reports of a bank run occurring in Italy -
I can't believe I'm saying this: I will believe it when I see it on zerohedge. Is a bank run where the banks chase people down the street and gore them? At last I've found a meaning for your username  |
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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JimboToronto
Legendary
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Activity: 4004
Merit: 4466
You're never too old to think young.
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July 11, 2016, 04:26:39 PM |
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Good morning Bitcoinland. Still going sideways 2 days after halving non-event.  Is anyone surprised? It's like a solstice. The weather doesn't radically change overnight. Even a beanie baby should be able to see that.  |
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TooDumbForBitcoin
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Activity: 1638
Merit: 1001
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July 11, 2016, 04:36:23 PM |
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Good morning Bitcoinland. Still going sideways 2 days after halving non-event. Is anyone surprised? It's like a solstice. The weather doesn't radically change overnight. Even a beanie baby should be able to see that. If the amount of sunshine were permanently cut in half by 50% overnight, the weather would change radically. |
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USB-S
Sr. Member
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Activity: 574
Merit: 250
In XEM we trust
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July 11, 2016, 04:41:10 PM |
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Good morning Bitcoinland. Still going sideways 2 days after halving non-event. Is anyone surprised? It's like a solstice. The weather doesn't radically change overnight. Even a beanie baby should be able to see that. If the amount of sunshine were permanently cut in half by 50% overnight, the weather would change radically.  |
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MayorMccheese
Newbie
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Activity: 42
Merit: 0
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July 11, 2016, 04:41:24 PM |
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If the amount of sunshine were permanently cut in half by 50% overnight, the weather would change radically.
To go with your analogy, "the amount of sunshine" is not "permanently cut in half by 50% overnight." The amount of sunshine is still increasing, but increasing at a slower rate, TooDumbForBitcoin  |
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JimboToronto
Legendary
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Activity: 4004
Merit: 4466
You're never too old to think young.
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July 11, 2016, 04:50:18 PM |
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If the amount of sunshine were permanently cut in half by 50% overnight, the weather would change radically.
The amount of Bitcoin wasn't cut in half. The rate of change was. Try again.  |
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yefi
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Activity: 2842
Merit: 1511
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July 11, 2016, 04:55:29 PM |
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I don't want it both ways I heard rumours to the contrary. |
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JayJuanGee
Legendary
 Online
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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July 11, 2016, 05:10:38 PM |
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We need to wait for another 2-3 months until the limited supply of coins is reflected on the exchanges. The proce should rise naturally then.
I'll believe it when I see it. I don't believe most of the newly mined coins ever get anywhere near an exchange anyway. And I don't think serious OTC buyers would ever go anywhere near an exchange. I suppose they have to obtain them somewhere but that might just make the OTC market bigger from people who would otherwise sell on an exchange. Either way it's not gonna hurt. "Serious OTC buyers" likely buy off exchanges and dump on exchanges... whether direct or indirect, in order to attempt to push down the price in which they buy without causing upwards slippage when they buy.. but in order to achieve downward slippage to determine their buy price. Is this model sustainable? Probably not, but currently, if prices are generally influenced by a small number of exchanges (including a fairly low quantity of capital that can achieve such), there is likely some profitability in engaging in such behavior for larger players. |
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JayJuanGee
Legendary
Online
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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July 11, 2016, 05:20:29 PM |
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Why? Both Bitcoin and Beanie diamond value is based on artificially limited supply. Why do you think Beanies diamonds are worth so much?
Please educate me.
Fixed. Why not both? Diamonds are [arguably] pretty, industrial diamonds aren't worth shit. Beanies are [arguably] soft and fuzzy, common Beanies aren't worth shit. What am I missing?P.S. Some diamond stats: [Suspicious link removed]j.net/public/resources/images/OB-FP067_ROI002_NS_20100211185354.gif[/img] [Suspicious link removed]j.com/articles/SB10001424052748704337004575059723597630174 [Suspicious link removed]j.com/articles/SB10001424052748704337004575059723597630174 Geesh! Amazing paranoia! Replace "suspicious link removed" with "WS," or google "Diamonds Aren't an Investor's Best Friend - WSJ" As soon you engage in discussions to compare bitcoins and beanie babies, you are missing logic and genuineness. Accordingly, you are getting caught on one shared attribute, scarcity, but you are failing and refusing to acknowledge a large number of additional attributes that bitcoins have and beanie babies do not have.... Do you need me, or someone else to list some of those attributes? Probably not, because you are not engaging in a genuine conversation, anyhow, you are just engaging in an attempted nonsensical and distracting oversimplification in order to spread misinformation and to attempt to divert us from real issues. Good job, Lambie pambie.  |
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noobtrader
Legendary
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Activity: 1456
Merit: 1000
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July 11, 2016, 05:24:36 PM |
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Good morning Bitcoinland. Still going sideways 2 days after halving non-event. Is anyone surprised? It's like a solstice. The weather doesn't radically change overnight. Even a beanie baby should be able to see that. or is it that hash ocean dumping their coin  we really should stop being fooled by these scammer, not only they make bitcoin look bad, they also make bitcoin price drop. |
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Bulgarian
Newbie
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Activity: 14
Merit: 0
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July 11, 2016, 05:33:19 PM |
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you are failing and refusing to acknowledge a large number of additional attributes that bitcoins have and beanie babies do not have.... Is you are failing and refusing to acknowledge a large number of additional attributes Bitcoin not have. Bitcoin not have soft, Bitcoin not have cuddly, Bitcoin not have valuable "authenticity TY" tag on nice plushy ear. |
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hermanhs09
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July 11, 2016, 05:50:03 PM |
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Good morning Bitcoinland. Still going sideways 2 days after halving non-event. Is anyone surprised? It's like a solstice. The weather doesn't radically change overnight. Even a beanie baby should be able to see that. or is it that hash ocean dumping their coin we really should stop being fooled by these scammer, not only they make bitcoin look bad, they also make bitcoin price drop. haha i think that hashocean would not dump their coins so fast. I would wait some time to feel like im safe,and then dump them to not loose some of them,or just dont let bitcoin drop too fast. |
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noobtrader
Legendary
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Activity: 1456
Merit: 1000
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July 11, 2016, 06:15:13 PM |
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or is it that hash ocean dumping their coin we really should stop being fooled by these scammer, not only they make bitcoin look bad, they also make bitcoin price drop. haha i think that hashocean would not dump their coins so fast. I would wait some time to feel like im safe,and then dump them to not loose some of them,or just dont let bitcoin drop too fast. if was the scammer, i would buy various alt, preferably anon, then moving left and right and slowly selling them to fiat gradually... |
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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July 11, 2016, 06:18:09 PM |
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haha i think that hashocean would not dump their coins so fast.
They can only sell once and they only have enough to make a dent in a few hours of trading. That's it. |
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Andre#
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July 11, 2016, 06:55:08 PM |
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Elwar
Legendary
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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July 11, 2016, 07:19:05 PM |
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Wow. According to the SEC, it will approve or disapprove the request within 45 day of its posting on Friday, unless a longer period of up to 90 days is deemed necessary. |
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Andre#
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July 11, 2016, 07:23:29 PM |
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Wow. According to the SEC, it will approve or disapprove the request within 45 day of its posting on Friday, unless a longer period of up to 90 days is deemed necessary. Wow indeed. Your reaction is the first in 25 minutes. This place is dead. |
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aminorex
Legendary
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Activity: 1596
Merit: 1029
Sine secretum non libertas
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July 11, 2016, 07:32:46 PM |
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Winklevoss trust may be the Gox of the next bubble: Coins check in, but they don't check out.
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Denker
Legendary
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Activity: 1442
Merit: 1014
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July 11, 2016, 07:38:38 PM |
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Finally things will get clarified. First we got the reward cut in half and with a bit of luck that ETF will get approved almost at the right time.  |
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bobabouey2
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July 11, 2016, 07:44:45 PM |
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Wow. According to the SEC, it will approve or disapprove the request within 45 day of its posting on Friday, unless a longer period of up to 90 days is deemed necessary. I am not sure, but I think this may be a technicality as it relates to BATS. I.e. BATS is seeking to amend its rules to permit trading in this new Commodity-Based Trust Shares. This is governed by various regulations related to Self-Regulatory Organization Rulemaking generally, and commodity-based trust shares, particularly. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change - The Exchange filed a proposal to list and trade Winklevoss Bitcoin Shares (the “Shares”) issued by the Winklevoss Bitcoin Trust (the “Trust”) under BZX Rule 14.11(e)(4), CommodityBased Trust Shares. https://www.sec.gov/rules/sro/batsbzx/2016/34-78262.pdfI do not think permitting this amendment means the S-1 for the actual trust and its shares has been approved. In fact, the document notes: The Shares of theTrust will be registered with the Commission by means of the Trust’s registration statement on
Form S-1 (the “Registration Statement”) under the Securities Act of 1933 (the “Securities Act”). The most recent amendment to the Registration Statement was filed on June 29, 2016 and the Registration Statement will be effective as of the date of any offer and sale pursuant to the Registration Statement. So if it is approved, not a bad sign that the S-1 might one day be cleared, but I don't think it means the decision for S-1 is now within 90 days. If this request isn't approved, probably a very bad sign for S-1 approval. |
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