Last of the V8s
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Be a bank
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July 24, 2018, 08:07:31 PM |
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The USSA has unveiled a $12tn (£9999.1tn) plan aimed at helping USSA farmers hurt by the intensifying trade war.
The aid is intended to protect the industry as countries raise taxes on USSA products such as soybeans in response to new Chinese regime tariffs.
The USSA plans to provide subsidies to farmers and buy unsold crops, among other measures.
H.E. Donald Frederikovich Trump has promised the aid after respectful requests from farmers, a negligible part of his support base.
H.E. Trump has said his tariffs - which he earlier described in a tweet as "the greatest" - are intended to pressure countries to change their policies toward USSA exports.
In a stirring speech on Tuesday, he said farmers would be the "biggest beneficiary" of the disputes after countries strike new deals.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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criptix
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July 24, 2018, 08:11:41 PM |
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Wekkel
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yes
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July 24, 2018, 08:18:37 PM |
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JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin
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July 24, 2018, 08:19:36 PM |
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First, the linked article is about 5 weeks old. Second, within the article there seems to be a kind of underlying assumption that December 2017 was a blow off top, which still gets us to the question about whether we are in an early 2013 like scenario or a late 2013 like scenario... so seeming like blow off tops occurred in both time periods, but only the second blow off top resulted in a longer period of correction, which really meant that the first "blow off top" was not a "blow off top," even though the first seemingly "blow off top" had a lot of the same characteristics as the second one. Certainly, the question is still not conclusive about whether we are going to experience a longer kind of BTC correction at this time, or whether this particular correction period is going to be shorter in duration, resulting in another period of upward price movement, rather than downwards. Likely it would be best practice to prepare for either possible scenario rather than putting too much weight into one scenario happening and then the other scenario ends up happening. |
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JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin
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July 24, 2018, 08:24:17 PM |
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Seems a lot happier in here. Long may it continue. Where are the $2000 - $4000 predictions now hey?  hahahahaha There is still hope for some of the bears.. they just don't wanna say anything right now.. they waiting for a correction in order to pile on the FUD spreading. |
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JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin
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July 24, 2018, 08:28:01 PM |
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[edited out]
When it hits $20k, you can spam my mailbox all day with "Neeneer Neener Told you so !!!", mkay ?  Good idea. You gonna deserve it.  |
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Ibian
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July 24, 2018, 08:34:09 PM |
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The USSA has unveiled a $12tn (£9999.1tn) plan aimed at helping USSA farmers hurt by the intensifying trade war.
The aid is intended to protect the industry as countries raise taxes on USSA products such as soybeans in response to new Chinese regime tariffs.
The USSA plans to provide subsidies to farmers and buy unsold crops, among other measures.
H.E. Donald Frederikovich Trump has promised the aid after respectful requests from farmers, a negligible part of his support base.
H.E. Trump has said his tariffs - which he earlier described in a tweet as "the greatest" - are intended to pressure countries to change their policies toward USSA exports.
In a stirring speech on Tuesday, he said farmers would be the "biggest beneficiary" of the disputes after countries strike new deals.
You know, at a glance this seems really... not helpful? Players of the Civ genre will know that food is the single most important resource. This makes sense. |
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infofront (OP)
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Shitcoin Minimalist
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July 24, 2018, 08:38:41 PM |
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bitserve
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Self made HODLER ✓
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July 24, 2018, 08:42:26 PM |
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$500 million long leveraged in one single exchange? That's simply mindblowing. What could be his exit plan? |
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JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin
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July 24, 2018, 08:47:14 PM |
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Forgot what this feels like. Green dildos everywhere  yeah bit of FOMO going on I think. Yes.. perhaps a "bit" of FOMO. Real FOMO is not really going to kick in until either getting in the $10k testing area or perhaps breaking above $10k.. so if there is an actual meaningful breaking above $10k, we might get the real deal FOMO, perhaps, perhaps. |
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JayJuanGee
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July 24, 2018, 08:51:40 PM |
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Fine... but we are still poor.
I hate to set my expectations too high. Maybe poor was around $200, and then just making it was around $600, and feeling pretty good was around $1,000. Above $1k are just relative variations of well off merging into lower levels of rich and then higher levels of rich that come from $10k and above.. perhaps approaching fuck you rich at $100k and filthy rich at $1million? |
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JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin
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July 24, 2018, 08:59:29 PM |
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You have to feel sorry for the bears
You have to feel sorry for the altcoin bagholders
You have to feel sorry for the blockchain-not-bitcoin types
You have to feel sorry for the weak hands
You have to feel sorry for the banks
You have to feel sorry for the socialists
You have to feel sorry for the democrats
You have nothing to feel sorry for.
Substantively, you can still be a bitcoiner and be a socialist or a democrat. It is misleading to attempt to frame sound money in terms of levels of government support. Some ideas about the role of government is quite perverted, and frequently anti-government folks get distracted into false dichotomies and misunderstandings about how to get from here to there - including thinking that they can just hit reset and get rid of all government... ... sorry to break it to you, but a reset is not going to happen, and even bitcoin does not provide a "reset." Bitcoin, if successful, is going to cause a fundamental check on systems that are already in place, and that is part of the reason that bitcoin is likely a paradigm shift, and has already caused changes that are paradigm shifting in nature, even though it is going to take a considerable amount of time for the real significant changes to play out - though of course, some of the changes might be revolutionary too.. and perhaps, go slowly and then suddenly, which is likely why bitcoin is going to continue (for a long time) to have spurts of growth that are gradual and sudden. Hang on baby!!!!! |
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mymenace
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Smile
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July 24, 2018, 08:59:37 PM |
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Well I believe Roger and Craig are fuckwits, so they could of contributed, but that was a big bubble so no doubt the bear market had a lot of contributors. Why do you rule the Chinese out as buyers though? I am not saying they are solely responsible and I know that the Chinese control the market is pure bullshit. But, that doesn't mean they can't contribute to these things. The Chinese obviously have a lot of money and if you look at the worlds housing markets you can see that they are very keen to get their money out of China. Despite the capital controls they are still able to do this with ease I might add. So, why wouldn't they be trying to escape a devaluing currency? that's what I'm doing with Bitcoin. The 2013 bubble run ups happened almost exclusively due to the Chinese exchanges driving it, they had a super small market to work with, thin float (low liquidity), and massive amounts of leverage (X1000) going on at the time. That's why the volatility was so high. The massive leverage was the key, and a lot of that leverage was likely naked long/short. All fingers point to the Chinese exchange owners themselves and their super rich whale trader friends running the game. Who else could back that shit but the insider traders themselves? Of course they had to have accounts on Mt. Gox and some other exchanges as well to help control things. But it's clear the game was largely over for the Chinese when the PBoC first shut down leverage, demanded transparent accounts and reporting, and then shut down the exchanges. That kind of out of control volatility wouldn't happen the same today (without Bitcoin derivatives that is) because the Bitcoin market is so big now, so many exchanges now so the loss of control, and that kind of massive leverage just not available anymore. No Disrespect but Roger had friends with bank accounts larger than those miners NowRoger Ver to be sued for defrauding bitcoin newbies. https://bitcointalk.org/index.php?topic=3419499.msg42759681#msg42759681Remember Rog, I said the court was the wrong road to go down. The mt. Gox people are in court so why then is roger not in court also? Are you claiming the courts were tricked by Rogers ability to do fraud undetected from the investigators?
Good people make honest mistakes and many times it is risky to endorse a private company because they could fail. Have you ever considered that in your world view or is that too much for you to consider??
Yep every one of Roger's failed projects The question remains Roger, why would Paul Vernon not rat you out? Chinese Miners? |
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bitserve
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Self made HODLER ✓
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July 24, 2018, 09:21:24 PM
Last edit: July 24, 2018, 09:41:50 PM by bitserve |
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Fine... but we are still poor.
I hate to set my expectations too high. Maybe poor was around $200, and then just making it was around $600, and feeling pretty good was around $1,000. Above $1k are just relative variations of well off merging into lower levels of rich and then higher levels of rich that come from $10k and above.. perhaps approaching fuck you rich at $100k and filthy rich at $1million? The single most important level of richness is reaching a solid "fuck you money". Below that it's just "still poor" and above is "still rich". Yeah, $100k (per BTC) would be enough "fuck you money" for me. Not setting any expectations or making any prediction.... just telling how things are. Of course I am happy with current price rise, would be very happy with $10k+ and would start jumping around like a mad kangaroo above $20k. Yeah, I am aware many people here are already "filthy rich" so, in the end, I guess I am just kind of joking when I say "we".  |
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mymenace
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Activity: 1596
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Smile
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July 24, 2018, 09:32:57 PM |
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Well I believe Roger and Craig are fuckwits, so they could of contributed, but that was a big bubble so no doubt the bear market had a lot of contributors. Why do you rule the Chinese out as buyers though? I am not saying they are solely responsible and I know that the Chinese control the market is pure bullshit. But, that doesn't mean they can't contribute to these things. The Chinese obviously have a lot of money and if you look at the worlds housing markets you can see that they are very keen to get their money out of China. Despite the capital controls they are still able to do this with ease I might add. So, why wouldn't they be trying to escape a devaluing currency? that's what I'm doing with Bitcoin. The 2013 bubble run ups happened almost exclusively due to the Chinese exchanges driving it, they had a super small market to work with, thin float (low liquidity), and massive amounts of leverage (X1000) going on at the time. That's why the volatility was so high. The massive leverage was the key, and a lot of that leverage was likely naked long/short. All fingers point to the Chinese exchange owners themselves and their super rich whale trader friends running the game. Who else could back that shit but the insider traders themselves? Of course they had to have accounts on Mt. Gox and some other exchanges as well to help control things. But it's clear the game was largely over for the Chinese when the PBoC first shut down leverage, demanded transparent accounts and reporting, and then shut down the exchanges. That kind of out of control volatility wouldn't happen the same today (without Bitcoin derivatives that is) because the Bitcoin market is so big now, so many exchanges now so the loss of control, and that kind of massive leverage just not available anymore. No Disrespect but Roger had friends with bank accounts larger than those miners NowRoger Ver to be sued for defrauding bitcoin newbies. https://bitcointalk.org/index.php?topic=3419499.msg42759681#msg42759681Remember Rog, I said the court was the wrong road to go down. The mt. Gox people are in court so why then is roger not in court also? Are you claiming the courts were tricked by Rogers ability to do fraud undetected from the investigators?
Good people make honest mistakes and many times it is risky to endorse a private company because they could fail. Have you ever considered that in your world view or is that too much for you to consider??
Yep every one of Roger's failed projects The question remains Roger, why would Paul Vernon not rat you out? Chinese Miners?If the right people are not gonna help with this, than how complicit can we be, I suppose. The question the right people need to answer, the ones in the know who need to answer, is; Who is never mentioned, never seen in public with girls, is it an open secret? |
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rjclarke2000
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July 24, 2018, 09:51:16 PM |
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Fine... but we are still poor.
I hate to set my expectations too high. Maybe poor was around $200, and then just making it was around $600, and feeling pretty good was around $1,000. Above $1k are just relative variations of well off merging into lower levels of rich and then higher levels of rich that come from $10k and above.. perhaps approaching fuck you rich at $100k and filthy rich at $1million? Exactly that JJG. |
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Searing
Copper Member
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Clueless!
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July 24, 2018, 09:52:13 PM |
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The USSA has unveiled a $12tn (£9999.1tn) plan aimed at helping USSA farmers hurt by the intensifying trade war.
The aid is intended to protect the industry as countries raise taxes on USSA products such as soybeans in response to new Chinese regime tariffs.
The USSA plans to provide subsidies to farmers and buy unsold crops, among other measures.
H.E. Donald Frederikovich Trump has promised the aid after respectful requests from farmers, a negligible part of his support base.
H.E. Trump has said his tariffs - which he earlier described in a tweet as "the greatest" - are intended to pressure countries to change their policies toward USSA exports.
In a stirring speech on Tuesday, he said farmers would be the "biggest beneficiary" of the disputes after countries strike new deals.
You know, at a glance this seems really... not helpful? Players of the Civ genre will know that food is the single most important resource. This makes sense. So according to most on both sides of the aisle, politics-wise...Trump puts on tariffs...farmers are in trouble ...so taxpayers help farmers...and this is all due to a dubious reason for tariffs anyway? I guess it is a good way to waste 2x the money... |
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mymenace
Legendary
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Activity: 1596
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Smile
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July 24, 2018, 10:05:19 PM |
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Well I believe Roger and Craig are fuckwits, so they could of contributed, but that was a big bubble so no doubt the bear market had a lot of contributors. Why do you rule the Chinese out as buyers though? I am not saying they are solely responsible and I know that the Chinese control the market is pure bullshit. But, that doesn't mean they can't contribute to these things. The Chinese obviously have a lot of money and if you look at the worlds housing markets you can see that they are very keen to get their money out of China. Despite the capital controls they are still able to do this with ease I might add. So, why wouldn't they be trying to escape a devaluing currency? that's what I'm doing with Bitcoin. The 2013 bubble run ups happened almost exclusively due to the Chinese exchanges driving it, they had a super small market to work with, thin float (low liquidity), and massive amounts of leverage (X1000) going on at the time. That's why the volatility was so high. The massive leverage was the key, and a lot of that leverage was likely naked long/short. All fingers point to the Chinese exchange owners themselves and their super rich whale trader friends running the game. Who else could back that shit but the insider traders themselves? Of course they had to have accounts on Mt. Gox and some other exchanges as well to help control things. But it's clear the game was largely over for the Chinese when the PBoC first shut down leverage, demanded transparent accounts and reporting, and then shut down the exchanges. That kind of out of control volatility wouldn't happen the same today (without Bitcoin derivatives that is) because the Bitcoin market is so big now, so many exchanges now so the loss of control, and that kind of massive leverage just not available anymore. No Disrespect but Roger had friends with bank accounts larger than those miners NowRoger Ver to be sued for defrauding bitcoin newbies. https://bitcointalk.org/index.php?topic=3419499.msg42759681#msg42759681Remember Rog, I said the court was the wrong road to go down. The mt. Gox people are in court so why then is roger not in court also? Are you claiming the courts were tricked by Rogers ability to do fraud undetected from the investigators?
Good people make honest mistakes and many times it is risky to endorse a private company because they could fail. Have you ever considered that in your world view or is that too much for you to consider??
Yep every one of Roger's failed projects The question remains Roger, why would Paul Vernon not rat you out? Chinese Miners?If the right people are not gonna help with this, than how complicit can we be, I suppose. The question the right people need to answer, the ones in the know who need to answer, is; Who is never mentioned, never seen in public with girls, is it an open secret? Is something wrong here or is just me... rjclarke2000 Re: [ANN] ERMIS (ERM) IPO DAY |The Merchant Coin| Proof of Investment |LAST DAY IPO 15-11-2014, 23:42:28 +Merit #339 If team Ermis are successful and allow me to retire within 10 years from this small investment I will personally fly over to Indonesia and treat you all to the biggest party you can imagine! Leave me alone, I can dream. Ermis coin not a paid shill are we, how to instamine Tell me about Bitblender Roger.... |
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JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin
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July 24, 2018, 10:10:27 PM |
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Someone wake me up when we pass 10k €.
This thread is not about "€" whatever the fuck that is?  |
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mymenace
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July 24, 2018, 10:25:12 PM |
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It is quite possible that there was quite a bit of money in fiat waiting in the reserves on bitstamp... and that money was NOT newly deposited into bitstamp today. However, now that there seems to be some quasi-resolution to the GOX situation (which still remains quite unclear), some investors are putting in their buy orders with their fiat and so NOW all that reserve fiat, is suddenly showing up on the books. I would venture to bet that there is quite a bit more fiat in the reserves waiting for a clearer signal regarding a GOX resolution and to thereafter jump in. When that GOX resolution comes, we will truly have to da moon momentum.. UNLESS there is some new shenanigans (what could that be? government sabotage of sorts?)
Tell us again the MtGox Story and how you advised everyone basically not to panic, your words of wisdom at the time were calming. |
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