windjc
Legendary
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Activity: 2156
Merit: 1070
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November 26, 2017, 11:37:18 PM |
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Where is the post from 3 hours ago? I can't find it.
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infofront (OP)
Legendary
Offline
Activity: 2646
Merit: 2793
Shitcoin Minimalist
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November 26, 2017, 11:40:36 PM |
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Where is the post from 3 hours ago? I can't find it.
https://vk.com/bitcoin_vanga
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DaRude
Legendary
Offline
Activity: 2901
Merit: 1914
In order to dump coins one must have coins
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November 26, 2017, 11:44:48 PM |
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Bcash is pumping. Brace yourselves for battle...
Problem with that, is that they're creating a hungry monster that needs to be fed daily! By design, the cost of generating new coins should be close to the value of those coins plus a small profit margin. By chasing BTC and pumping BCH they're also indirectly pumping their difficulty, or the daily cost to run the chain. About 1800 new coins per day at $1700, thats over $3MM REAL costs that need to be absorbed daily. Expensive hobby, the big question is how deep are their pockets and how long are they willing to keep this up?
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explorer
Legendary
Offline
Activity: 2016
Merit: 1259
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November 26, 2017, 11:49:13 PM |
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I think there is much more than 1M bitcoins lost.
and when you google for these lost bitcoins stories most are really dated numbers in terms of value. You literally have to multiply the reported value 15 fold making it even more "head shaking worthy." (for want of a better term) So for example this familiar story I'm sure most of the legendaries/heroes in here have heard about the 7500 bitcoins lost valued at over a reported $5 million then that are now worth around $70 million. And this is just one story of many. It's mind blowing when you think about it. No one takes into account the dust left behind everywhere. I have one inaccessible wallet containing enough for a good night out year's salary. The other one has only dust enough for a really good night out. Still only makes me smile and shake my head at my own stupidity. To be revisited after the next batch of zeroes are handed out.
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xxZeoXxx
Newbie
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Activity: 9
Merit: 0
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November 27, 2017, 12:05:25 AM |
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over 10k for me sure. just wait
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Logic-Elliven
Newbie
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Activity: 88
Merit: 0
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November 27, 2017, 12:06:13 AM |
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I haven't verified this, but it seems the whole CME listing thing may be BS? China "news" comes out that it is shutting down exchanges. Partial selloff but not enough so what do we need. Let's see!
Jamie Dimon comes out and calls Bitcoin' a fraud, ok was the selloff part of normal pullbacks or did Jamie add to the degree. No one knows for sure, but one of JP Morgan's client's seemed to buy a crap load the day after the selloff. Hmmmmm Yes I know it wasn't JPM' themselves but you rub my back I rub yours!
We also saw Zcash announcing a partnering with JPM' to use their block chain technology. GREAT!! Yes and it's semi private. OOOPS JPM' in the news for money laundering. Maybe they should have partnered with XMR' (noticed the run it had as of late).
Then we get the news the CME' and the CBOE' are going to start trading bitcoin 6.16% futures! YEAH to the moon baby. It's happening in the 4th quarter right. I'm excited and was even more excited to see posted on the CME's website that futures start trading Dec 0.77% 10th! Yeah baby! I even called my broker to see if they will be handling them. Nope so I called another and setup and account there, as tradestation is going to allow bitcoin' futures trading! I'm ready to go! Wait where did the post on Dec 0.77% 10th go? OOOPS Laurie Bischel, spokeswoman for the exchange said the original posting "WAS DUE TO AN ERROR WITH THE WEBSITE". HUH. You mean your not starting to trade futures Dec 0.77% 10th, I'm setup and ready to go! What is an "error with the website"? Were you hacked? Was it a joke? Was it premature? Do you not have any protocols in line to insure this doesn't happen? OR is the CFTC' putting it's foot down on your idea?
So I read a little further. CME has NOT yet filed with the US Commodity Futures Trading Commission but are in "active" discussions with the regulators. Why are you "in discussion with regulators" thanks to the laws that were passed by our wonderful government the CME does not need the CFTC's permission to list products for trading. Just has to file a "self certification" with the regulator, meaning the products complies with the Commodity and Exchange ACT. So what's the holdup? and more over why are you "talking" with regulators about a product that you can self certify? HMMMMM This is not good news and I may be closing that tradestation account! Something is definitely not right here!
But Bitcoin 6.16% does not care and neither do the buyers for now! The chart screams higher, but I remember when the chart screamed PULLBACK. Be careful at these levels. Maybe this is just a collusion of JPM' and the CME' group to run this puppy up to allow their large investors to bank on the backs of us average Joe's. https://www.tradingview.com/chart/BTCUSD/Jc54sMRa-BTC-Price-Manipultion-The-CME-and-JPM-are-at-it-again/
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bitserve
Legendary
Offline
Activity: 1834
Merit: 1477
Self made HODLER ✓
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November 27, 2017, 12:11:36 AM |
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I don't even know if that CME futures trading will be positive, negative or neutral for Bitcoin price... so who cares if they do open in december or not?
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bitserve
Legendary
Offline
Activity: 1834
Merit: 1477
Self made HODLER ✓
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November 27, 2017, 12:19:04 AM |
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I think there is much more than 1M bitcoins lost.
and when you google for these lost bitcoins stories most are really dated numbers in terms of value. You literally have to multiply the reported value 15 fold making it even more "head shaking worthy." (for want of a better term) So for example this familiar story I'm sure most of the legendaries/heroes in here have heard about the 7500 bitcoins lost valued at over a reported $5 million then that are now worth around $70 million. And this is just one story of many. It's mind blowing when you think about it. No one takes into account the dust left behind everywhere. I have one inaccessible wallet containing enough for a good night out year's salary. The other one has only dust enough for a really good night out. Still only makes me smile and shake my head at my own stupidity. To be revisited after the next batch of zeroes are handed out. Why is it inaccessible? You don't remember absolutely anything about the password you might have used or is it another thing?
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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November 27, 2017, 12:21:16 AM |
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I don't even know if that CME futures trading will be positive, negative or neutral for Bitcoin price... so who cares if they do open in december or not?
Its definitely positive. It means everyone with a brokerage account suddenly has access to bitcoin without having to deposit onto a third party exchange they might not trust, and they can go in and out of bitcoin trades next to their stock trades. It means massive liquidity. Think billions of dollars suddenly added to the finex order book. Possibly with leverage too. I posted on here some time in 2013 or 2014 a prediction that if BTC were to be integrated with standard brokers, the price would immediately surge to $10K. This is what the rally has been all about.
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
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November 27, 2017, 12:25:39 AM |
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Its definitely positive. It means everyone with a brokerage account suddenly has access to bitcoin without having to deposit onto a third party exchange they might not trust, and they can go in and out of bitcoin trades next to their stock trades. It means massive liquidity. Think billions of dollars suddenly added to the finex order book. Possibly with leverage too. I posted on here some time in 2013 or 2014 a prediction that if BTC were to be integrated with standard brokers, the price would immediately surge to $10K. This is what the rally has been all about.
I was under the impression that CME futures did not touch Bitcoin directly at any moment during the entire process. It's USD all the way. Am I wrong?
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sirazimuth
Legendary
Offline
Activity: 3514
Merit: 3613
born once atheist
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November 27, 2017, 12:25:47 AM |
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I think there is much more than 1M bitcoins lost.
and when you google for these lost bitcoins stories most are really dated numbers in terms of value. You literally have to multiply the reported value 15 fold making it even more "head shaking worthy." (for want of a better term) So for example this familiar story I'm sure most of the legendaries/heroes in here have heard about the 7500 bitcoins lost valued at over a reported $5 million then that are now worth around $70 million. And this is just one story of many. It's mind blowing when you think about it. No one takes into account the dust left behind everywhere. I have one inaccessible wallet containing enough for a good night out year's salary. The other one has only dust enough for a really good night out. Still only makes me smile and shake my head at my own stupidity. To be revisited after the next batch of zeroes are handed out. Well that sucks my friend, really sorry to hear that. Lost password? I only ask as that's what gets me paranoid now, due to an issue I recently had when I set a password on a newly installed electrum wallet. I SWEAR I had it right when trying to get back in...even written down... but nope. locked out. PHUUUUUK!!! Should have tested BEFORE loading wallet with funds... duhhh! stupid phukkin me!!! My recovery seed saved me...THAT was correct, phew!...thank phuk for that...Lesson learned. Being in charge of one's own banking security has its merits to be sure. Just be aware of the downfalls as they can be costly indeed...
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CoinCaps.net
Copper Member
Newbie
Offline
Activity: 61
Merit: 0
CoinCaps.net
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November 27, 2017, 12:32:34 AM |
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I'd feel better about the current rally if there were more bearish individuals. The wall of worry is virtually gone in the current market.
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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November 27, 2017, 12:34:25 AM |
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I think there is much more than 1M bitcoins lost.
and when you google for these lost bitcoins stories most are really dated numbers in terms of value. You literally have to multiply the reported value 15 fold making it even more "head shaking worthy." (for want of a better term) So for example this familiar story I'm sure most of the legendaries/heroes in here have heard about the 7500 bitcoins lost valued at over a reported $5 million then that are now worth around $70 million. And this is just one story of many. It's mind blowing when you think about it. No one takes into account the dust left behind everywhere. I have one inaccessible wallet containing enough for a good night out year's salary. The other one has only dust enough for a really good night out. Still only makes me smile and shake my head at my own stupidity. To be revisited after the next batch of zeroes are handed out. Why is it inaccessible? You don't remember absolutely anything about the password you might have used or is it another thing? I have 1 ETH lost. I have the back up but don’t have the password because wrote the password down electronically and the file didn’t save properly. No seed with Mist.
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explorer
Legendary
Offline
Activity: 2016
Merit: 1259
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November 27, 2017, 12:36:02 AM |
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I think there is much more than 1M bitcoins lost.
and when you google for these lost bitcoins stories most are really dated numbers in terms of value. You literally have to multiply the reported value 15 fold making it even more "head shaking worthy." (for want of a better term) So for example this familiar story I'm sure most of the legendaries/heroes in here have heard about the 7500 bitcoins lost valued at over a reported $5 million then that are now worth around $70 million. And this is just one story of many. It's mind blowing when you think about it. No one takes into account the dust left behind everywhere. I have one inaccessible wallet containing enough for a good night out year's salary. The other one has only dust enough for a really good night out. Still only makes me smile and shake my head at my own stupidity. To be revisited after the next batch of zeroes are handed out. Why is it inaccessible? You don't remember absolutely anything about the password you might have used or is it another thing? Strong passwords, lost. I kept notes on the variations tried and failed, but it's years ago now. Water under the bridge, but maybe worth revisiting someday. If a family member continues an interest in cryptography then perhaps I will hand over the notes some day. There is a pot of gold at the end of that rainbow, if you can reach it No worries.
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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November 27, 2017, 12:37:52 AM |
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On CME the product details are all on their webpage. You can check for yourself.
They self-certify so they dont have to lodge until they intend to start trading. They are talking to the regulator because they don’t want to piss them off.
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bitserve
Legendary
Offline
Activity: 1834
Merit: 1477
Self made HODLER ✓
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November 27, 2017, 12:42:54 AM |
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I think there is much more than 1M bitcoins lost.
and when you google for these lost bitcoins stories most are really dated numbers in terms of value. You literally have to multiply the reported value 15 fold making it even more "head shaking worthy." (for want of a better term) So for example this familiar story I'm sure most of the legendaries/heroes in here have heard about the 7500 bitcoins lost valued at over a reported $5 million then that are now worth around $70 million. And this is just one story of many. It's mind blowing when you think about it. No one takes into account the dust left behind everywhere. I have one inaccessible wallet containing enough for a good night out year's salary. The other one has only dust enough for a really good night out. Still only makes me smile and shake my head at my own stupidity. To be revisited after the next batch of zeroes are handed out. Why is it inaccessible? You don't remember absolutely anything about the password you might have used or is it another thing? Strong passwords, lost. I kept notes on the variations tried and failed, but it's years ago now. Water under the bridge, but maybe worth revisiting someday. If a family member continues an interest in cryptography then perhaps I will hand over the notes some day. There is a pot of gold at the end of that rainbow, if you can reach it No worries. Even if it is strong, if it is not purely random -which probably isn't- and you do remember some hints about what you might have used -most people do even have some "style" of generation- it would potentially be crackeable with the right custom rules. It also depends on the actual value of the wallet to determine if it would be worth the effort or not. If you even tried variations manually it sounds like you have some general idea of how it could be formed. There's hope.
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JimboToronto
Legendary
Offline
Activity: 4172
Merit: 4816
You're never too old to think young.
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November 27, 2017, 12:43:14 AM |
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Oh looky. It's another ATH at Stamp.
I love how honey badger shook off the correction/profit-taking so quickly and moved right on up with not a sign of panicking.
Let's see $10k. Go Bitcoin go.
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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November 27, 2017, 12:45:01 AM |
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$9500 approaching
$9499 Gdax
Edit: bang. $9500 on both Gdax and BFX.
BIG GREEN CANDLE.
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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November 27, 2017, 12:49:49 AM |
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Its definitely positive. It means everyone with a brokerage account suddenly has access to bitcoin without having to deposit onto a third party exchange they might not trust, and they can go in and out of bitcoin trades next to their stock trades. It means massive liquidity. Think billions of dollars suddenly added to the finex order book. Possibly with leverage too. I posted on here some time in 2013 or 2014 a prediction that if BTC were to be integrated with standard brokers, the price would immediately surge to $10K. This is what the rally has been all about.
I was under the impression that CME futures did not touch Bitcoin directly at any moment during the entire process. It's USD all the way. Am I wrong? They are futures contracts which means eventually at some date on the contract, the exchange has to buy actual bitcoins and deliver them. In addition, the futures prices will move the bitcoin price by mere arbitrage.
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