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bitserve
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We(*) should make an index so that newbies know where to find all the wisdom of the WO encyclopedia.
It will be written in our semi melted faces. I read "semi melted feces". And it made sense. |
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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goldkingcoiner
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December 12, 2018, 08:58:38 PM |
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We(*) should make an index so that newbies know where to find all the wisdom of the WO encyclopedia.
It will be written in our semi melted faces. I read "semi melted feces". And it made sense. Oh my god I did too! |
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BTCMILLIONAIRE
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December 12, 2018, 09:02:52 PM |
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Higher highs, lower lows today. Going very slowly though.
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Globb0
Legendary
 Offline
Activity: 1904
Merit: 1335
Per securitatem consilio
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December 12, 2018, 09:04:01 PM |
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It's one of the few places left where you can spend your bitcoins online. Unfortunately. I'm to the point of considering ordering a credit card. My Amex was supposed to be only for emergencies but I've racked up plenty of useless sky miles over the past year with it. Two words: Shift card. More words: spend your Bitcoin at any place that takes Visa. Goal of Bcash shills - attempt to get bitcoiners to spend their bitcoins, and trick BTC hodlers ... JJG, you're an autistic knee-jerker. Mind the context, mofo. We're pairing you two up together for third shift at the WO McDonald's. It always seem to happen like that. Fuck. I am going to quit this McieD's bullshit (and having to rub elbows with the likes of jbreher for 4 hours) as soon as I can get enough money for my own apartment. You fuckers.  Don't be too hasty. These burgers are going to the moon!!!!one!1!!  |
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Biodom
Legendary
Offline
Activity: 1974
Merit: 1219
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December 12, 2018, 09:20:57 PM |
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There is a theme being propagated on interwebs that bitcoin will never be able to get from under negative price pressure from CME/CBOE futures (which are cash-settled). Apparently, it happened multiple times before with other commodities.
Q to WO crowd: do you think that bitcoin does (or doesn't) have some futures fighting mitigation strategy?
Personally, i don't fully buy that doom-and-gloom scenario because other cryptos did not have futures, yet declined even more, hence not a clear cut picture.
Would btc-settled futures like bakkt and/or 'physical' ETF objectively helpful in this fight or not?
Of course, if some some major fiat currency would experience hyperinflation, then btc would benefit, but this scenario is not very conducive to day-to-day life.
I would prefer to think about how we can use intrinsic bitcoin properties to fight CME/CBOE pushing us down (in price).
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gembitz
Sr. Member
Offline
Activity: 952
Merit: 351
*Brute force will solve any Bitcoin problem*
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December 12, 2018, 09:45:47 PM |
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It's one of the few places left where you can spend your bitcoins online. Unfortunately. I'm to the point of considering ordering a credit card. My Amex was supposed to be only for emergencies but I've racked up plenty of useless sky miles over the past year with it. Two words: Shift card. More words: spend your Bitcoin at any place that takes Visa. Goal of Bcash shills - attempt to get bitcoiners to spend their bitcoins, and trick BTC hodlers ... JJG, you're an autistic knee-jerker. Mind the context, mofo. We're pairing you two up together for third shift at the WO McDonald's. It always seem to happen like that. Fuck. I am going to quit this McieD's bullshit (and having to rub elbows with the likes of jbreher for 4 hours) as soon as I can get enough money for my own apartment. You fuckers. Don't be too hasty. These burgers are going to the moon!!!!one!1!! ~ass burgers  hehe |
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gentlemand
Legendary
 Online
Activity: 2030
Merit: 1736
Baby Blue Panties
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Q to WO crowd: do you think that bitcoin does (or doesn't) have some futures fighting mitigation strategy?
After all this time I still haven't fully bothered to wrap my head around its implications. Speaking as a thicko, all along I've sensed an underlying desire from many to defer to what they think is a higher authority. If that is the case some will look to futures to tell them where to head because it's more 'legit'. In an ideal world the real Bitcoin market would totally ignore a cash settled futures market. It contributes nothing. It achieves nothing. It basically is nothing. Unlike almost everything else that has a futures market, BTC can be physically delivered and verified within minutes by anyone, anywhere at any time. I'll guess many a futures market exists to create a market from scratch off the back of something effectively intangible that everyone knows is nothing but pure nothingness from the bottom up. That will never be the case with crypto. I guess that might mean futures traders will increasingly fuck with the real market, but in the meantime that's what we're seeing with Bitmex already. For the last few months it's seemed like the spot markets only exist to be raped so people can rape others on Bitmex. Conclusion - mainly dunno. Real adoption and real demand and real use by real people would reduce speculation and the tail wagging the dog. |
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RivAngE
Full Member
Offline
Activity: 532
Merit: 151
★777Coin.com★ Fun BTC Casino!
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December 12, 2018, 09:52:43 PM |
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There is a theme being propagated on interwebs that bitcoin will never be able to get from under negative price pressure from CME/CBOE futures (which are cash-settled). Apparently, it happened multiple times before with other commodities.
Q to WO crowd: do you think that bitcoin does (or doesn't) have some futures fighting mitigation strategy?
Personally, i don't fully buy that doom-and-gloom scenario because other cryptos did not have futures, yet declined even more, hence not a clear cut picture.
Would btc-settled futures like bakkt and/or 'physical' ETF objectively helpful in this fight or not?
Of course, if some some major fiat currency would experience hyperinflation, then btc would benefit, but this scenario is not very conducive to day-to-day life.
I would prefer to think about how we can use intrinsic bitcoin properties to fight CME/CBOE pushing us down (in price).
Right now they can suppress Bitcoin's price with futures because there's very little investment going in BTC. It's not hard for the wealthy to outplay and outbid the teenagers who buy a few Bitcoins. As I've stated here (and I also made a graph): https://bitcointalk.org/index.php?topic=5076475 there are a ton of money in other kind of investments which could possibly reach Bitcoin at some point; stocks alone have about 800 times more money invested in them than all the cryptocurrencies... not to mention that most coins' market cap is artificial. If more money start to go in BTC, then at the very least those who are trying to suppress the price will have to do so in a higher level, they won't be able to keep it in ~3000$. |
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realr0ach
Sr. Member
Offline
Activity: 672
Merit: 294
#TheGoyimKnow
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December 12, 2018, 09:55:12 PM |
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You (Jbreher) are relying on a historic definition of the term shill. We both know that is not how the word is used in 2018 in the crypto community.
I'm pretty sure I popularized the word "shill" on bitcoin forums and it was used entirely in reference to lying Jews, then it made a crossover to altcoin pump and dumps, and then bitcoin itself. |
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JimboToronto
Legendary
Offline
Activity: 2212
Merit: 1255
You're never too old to be young.
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December 12, 2018, 09:56:59 PM |
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realr0ach
Sr. Member
Offline
Activity: 672
Merit: 294
#TheGoyimKnow
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December 12, 2018, 10:03:41 PM |
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I really have absolutely no fucking idea what the price is gonna do next.
It's easy. Micgoossens = dumb money JayJuanGee = stupid money Elwar = insane money Just do the opposite of whatever they're doing. |
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micgoossens
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December 12, 2018, 10:04:43 PM |
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I really have absolutely no fucking idea what the price is gonna do next.
It's easy. Micgoossens = dumb money JayJuanGee = stupid money Elwar = insane money Just do the opposite of whatever they're doing. and whats roach money ? if there is any |
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LFC_Bitcoin
Copper Member
Legendary
Online
Activity: 1736
Merit: 1783
One of the world's leading Bitcoin-powered casinos
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December 12, 2018, 10:08:59 PM |
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I really have absolutely no fucking idea what the price is gonna do next.
It's easy. Micgoossens = dumb money JayJuanGee = stupid money Elwar = insane money Just do the opposite of whatever they're doing. and whats roach money ? if there is any no money |
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slowlyslowly
Member
Offline
Activity: 61
Merit: 14
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December 12, 2018, 10:10:43 PM |
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Every court including WO has to have a jester. Craig plays that role with his outrageous claims. He should be thanked (not ridiculed) for stepping up to the role. Go Craig baby. |
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JimboToronto
Legendary
Offline
Activity: 2212
Merit: 1255
You're never too old to be young.
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December 12, 2018, 10:12:09 PM |
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VB1001
Sr. Member
Offline
Activity: 252
Merit: 596
"Four Wheel Drive"
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December 12, 2018, 10:14:34 PM |
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micgoossens
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December 12, 2018, 10:16:33 PM |
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hey jimbo btw write down your price guess  |
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JimboToronto
Legendary
Offline
Activity: 2212
Merit: 1255
You're never too old to be young.
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December 12, 2018, 10:20:53 PM |
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Every court including WO has to have a jester. Craig plays that role with his outrageous claims. He should be thanked (not ridiculed) for stepping up to the role. Go Craig baby.
Fair enough, except that a jester actually tries to be funny. C.W just bumbles his way into being a joke. I think he's less of a jester and more of a laughingstock.  hey jimbo btw write down your price guess Which price? Did I miss something? |
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