Globb0
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January 09, 2018, 09:05:09 PM |
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Are these Mexico prices, brother. Are you still hitting the bricks soonish?
No. Just regular USD/CAD quotes from the usual sources. I'm not going to Mexico until Thursday. That's why my presence here has been spotty lately. Busy making preps. I hate selling any Bitcoin but I wanted some extra travel cash so I sold a little on Saturday. Not only did I luck out on catching a peak, but I got a great fee. Not only was it my first negative sell fee, it did it all in one transaction for one transaction fee. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fx8U0HoG.png&t=665&c=oeYYXrD9GhXsdw) Life is good. -2 fee, they pay you ? Do these machines dispense notes? the bitcoin "cashpoint" I saw looked like a student electronics project. Any in London?
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JimboToronto
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You're never too old to think young.
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January 09, 2018, 09:11:17 PM Last edit: January 09, 2018, 09:24:50 PM by JimboToronto |
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17% buyers fee ? -2% sellers fee ? That's outrageous ! You're getting fucked both ways ! Only buyers are getting fucked at those rates. Sellers are getting a kiss. I wouldn't pay 17% to buy. I wouldn't pay 16.1% to sell either. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FEFlqPKz.jpg&t=665&c=m7EN7i3IISIAWQ) You've gotta shop around.
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JimboToronto
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You're never too old to think young.
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January 09, 2018, 09:24:12 PM |
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-2 fee, they pay you ?
Do these machines dispense notes? the bitcoin "cashpoint" I saw looked like a student electronics project.
Any in London?
Yes, it's possible to find negative rates with operators who use dynamic pricing. Buy cheaply during panic dumps and sell cheaply during FOMO rallies. Yes, both machines dispense cash. The Lamassu requires a cell number to receive a code number text to sell. This is not required to buy. The General Bytes machine does not require a phone. It simply prints you a QR code to receive the coins you send and after one confirmation you scan the same QR code and it starts spitting out banknotes. Fast, simple, elegant and anonymous. I don't know about London. UK or ON? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Look here: https://coinatmradar.com/
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Globb0
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January 09, 2018, 09:26:23 PM |
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-2 fee, they pay you ?
Do these machines dispense notes? the bitcoin "cashpoint" I saw looked like a student electronics project.
Any in London?
Yes, it's possible to find negative rates with operators who use dynamic pricing. Buy cheaply during panic dumps and sell cheaply during FOMO rallies. Yes, both machines dispense cash. The Lamassu requires a cell number to receive a code number text. The General Bytes machine does not. It simply prints you a QR code to receive the coins you send and after one confirmation you scan the same QR code and it starts spitting out banknotes. Fast, simple, elegant and anonymous. I don't know about London. UK or ON? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Look here: https://coinatmradar.com/Thanks will do
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kurious
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January 09, 2018, 09:34:41 PM |
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Thanks for the research - am gonna go pull some cold storage coins this weekend and see what I have gifted to me...
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TERA2
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Deb Rah Von Doom
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January 09, 2018, 09:36:28 PM |
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Some whales are trying to pump bitcoin on youtube now.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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January 09, 2018, 09:37:11 PM |
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Yesterday's dump was the most hilarious fiasco I've ever seen.
My partner was asking about the crash yesterday, and all I was able to respond with was some mumbled grumblings about "South Korea", "CoinMarketCap", and "Panic Selling" - not quite being able to clearly articulate what was going on. After a few moments (... I tend to ramble on...) I was able to finally sum it up as "A bunch of weak hands got flushed and a bunch of stupid people panic SODL'd because CMC changed stuff, making it look like the prices of shitcoins crashed", to which, he shrugged, and got back to playing Candy Crush on his iPhone. I believe that the supposed "crash" is more easily summed up as normal consolidation. Perhaps our more narrow consolidation range is $13,000 to $17,500 and the broader consolidation range is $11k to $20k. Maybe you can get a little excited if we break beyond the more narrow consolidation range - but the more meaningful excitement woudl come from breaking beyond the broader consolidation range. Anyhow, what I am trying to say is that you should tell your partner to shut the fuck up and stop bothering you about petty matters because nothing significant is happening yet, until we perhaps get close to the boundaries of one of the consolidation ranges - in one direction or another - and for now, we are largely bouncing around in the white noise middle. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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TERA2
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Deb Rah Von Doom
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January 09, 2018, 09:39:19 PM |
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If 10% is a "crash", then what are all the noobs going to think of and call our normal 70% dips - the great depression?
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Toxic2040
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January 09, 2018, 09:42:12 PM |
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Yesterday's dump was the most hilarious fiasco I've ever seen.
My partner was asking about the crash yesterday, and all I was able to respond with was some mumbled grumblings about "South Korea", "CoinMarketCap", and "Panic Selling" - not quite being able to clearly articulate what was going on. After a few moments (... I tend to ramble on...) I was able to finally sum it up as "A bunch of weak hands got flushed and a bunch of stupid people panic SODL'd because CMC changed stuff, making it look like the prices of shitcoins crashed", to which, he shrugged, and got back to playing Candy Crush on his iPhone. I believe that the supposed "crash" is more easily summed up as normal consolidation. Perhaps our more narrow consolidation range is $13,000 to $17,500 and the broader consolidation range is $11k to $20k. Maybe you can get a little excited if we break beyond the more narrow consolidation range - but the more meaningful excitement woudl come from breaking beyond the broader consolidation range. Anyhow, what I am trying to say is that you should tell your partner to shut the fuck up and stop bothering you about petty matters because nothing significant is happening yet, until we perhaps get close to the boundaries of one of the consolidation ranges - in one direction or another - and for now, we are largely bouncing around in the white noise middle. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I like you.
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AlexGR
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January 09, 2018, 09:49:47 PM |
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17% buyers fee ? -2% sellers fee ? That's outrageous ! You're getting fucked both ways ! Only buyers are getting fucked at those rates. Sellers are getting a kiss. I wouldn't pay 17% to buy. I wouldn't pay 16.1% to sell either. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FEFlqPKz.jpg&t=665&c=m7EN7i3IISIAWQ) You've gotta shop around. The situation with ATMs is pretty much reflecting the actual-demand-on-the-streets... sellers aren't selling and need extra incentives, buyers are willing to buy at much higher premiums. ATM companies know that they can't really make money on commissions if they don't have bitcoins to sell, and they won't really acquire bitcoins if they can't be tempting enough on their prices that they buy from people. So they need to get those bitcoins, even if at a premium, in order to have something to sell to those who want to buy (and thus make money on the buyer). We have a situation analogous to precious metals a few years ago when the street market was not correlated with the spot prices - but this is in a greater degree now with BTC.
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gentlemand
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Welt Am Draht
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January 09, 2018, 09:54:24 PM |
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Trying to send some UBTC with the Electrum wallet from the UB's page => error => "the transaction was rejected by network rules.\n\nMissing input"
Ok. Garzik's software strikes again.
How did you get UBTC? It doesn't launch until later in the month.
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ghandi
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January 09, 2018, 10:03:16 PM |
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3day chart seems to be drawing the perfect bubble...
In what way? Looks exactly like December 26th-28th, almost exactly where it is today except a bit higher. So, breaking bubbling upwards... again? edit: further thoughts/ramblings, and grammar In the way the perfect anatomy of a bubble is described. Doesn't certainly mean we are going to crash. But currently it's not looking to bright. Elaborate. There are multiple phases of a bubble, which do you see/think we are in? First sell off? Return to the mean? Both of those are right before great increases => bullish. "Return to normal" just passed by and we may be on the way down to the floor. But i thought the same thing around at 4k USD and was wrong ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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ragnar0k
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January 09, 2018, 10:09:26 PM |
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3day chart seems to be drawing the perfect bubble...
In what way? Looks exactly like December 26th-28th, almost exactly where it is today except a bit higher. So, breaking bubbling upwards... again? edit: further thoughts/ramblings, and grammar In the way the perfect anatomy of a bubble is described. Doesn't certainly mean we are going to crash. But currently it's not looking to bright. Elaborate. There are multiple phases of a bubble, which do you see/think we are in? First sell off? Return to the mean? Both of those are right before great increases => bullish. "Return to normal" just passed by and we may be on the way down to the floor. But i thought the same thing around at 4k USD and was wrong ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) The second 'bump' was higher than the first, don't think that is what happens in a bubble... Also it is true that we are going down a lot but at this price 5% swings are huge, so might really be consolidation me hopes
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JimboToronto
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You're never too old to think young.
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January 09, 2018, 10:14:27 PM |
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The situation with ATMs is pretty much reflecting the actual-demand-on-the-streets... sellers aren't selling and need extra incentives, buyers are willing to buy at much higher premiums.
ATM companies know that they can't really make money on commissions if they don't have bitcoins to sell, and they won't really acquire bitcoins if they can't be tempting enough on their prices that they buy from people. So they need to get those bitcoins, even if at a premium, in order to have something to sell to those who want to buy (and thus make money on the buyer).
We have a situation analogous to precious metals a few years ago when the street market was not correlated with the spot prices - but this is in a greater degree now with BTC.
I think it has most to do with operators trying to keep a balanced inventory. During rallies like last Saturday, bitcoins are at a premium so they raise buy rates and lower sell rates. During panic dumps like the example I posted from last August, the operators have an excess of coins relative to their fiat supply, so they lower buy fees and raise sell fees. It also means that panickers and FOMOers pay a premium for their foolishness while cool holders get a bargain. The 2 examples I gave are extremes but if you play it right, the ATMs are cheaper than transferring fiat to and from exchanges and paying the exchange fee. Of course this only works if you're buying dips and selling peaks. The big advantages of using ATMs though are security, anonymity and instant gratification.
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xhomerx10
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January 09, 2018, 10:15:38 PM |
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Yesterday's dump was the most hilarious fiasco I've ever seen.
My partner was asking about the crash yesterday, and all I was able to respond with was some mumbled grumblings about "South Korea", "CoinMarketCap", and "Panic Selling" - not quite being able to clearly articulate what was going on. After a few moments (... I tend to ramble on...) I was able to finally sum it up as "A bunch of weak hands got flushed and a bunch of stupid people panic SODL'd because CMC changed stuff, making it look like the prices of shitcoins crashed", to which, he shrugged, and got back to playing Candy Crush on his iPhone. I believe that the supposed "crash" is more easily summed up as normal consolidation. Perhaps our more narrow consolidation range is $13,000 to $17,500 and the broader consolidation range is $11k to $20k. Maybe you can get a little excited if we break beyond the more narrow consolidation range - but the more meaningful excitement woudl come from breaking beyond the broader consolidation range. Anyhow, what I am trying to say is that you should tell your partner to shut the fuck up and stop bothering you about petty matters because nothing significant is happening yet, until we perhaps get close to the boundaries of one of the consolidation ranges - in one direction or another - and for now, we are largely bouncing around in the white noise middle. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I like you. I'm going to venture that however, you would not if you two were in a relationship.
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Rosewater Foundation
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January 09, 2018, 10:16:26 PM |
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Are these Mexico prices, brother. Are you still hitting the bricks soonish?
No. Just regular USD/CAD quotes from the usual sources. I'm not going to Mexico until Thursday. That's why my presence here has been spotty lately. Busy making preps. I hate selling any Bitcoin but I wanted some extra travel cash so I sold a little on Saturday. Not only did I luck out on catching a peak, but I got a great fee. Not only was it my first negative sell fee, it did it all in one transaction for one transaction fee. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fx8U0HoG.png&t=665&c=oeYYXrD9GhXsdw) Life is good. I'm in a position where I'm preparing to sell some corn in February. I'm not tickled about these prices.
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gentlemand
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Welt Am Draht
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January 09, 2018, 10:22:14 PM |
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okex has published a note that they handle UBTC from now on. Beside on ub.com they published the wallets, source and everything.
What else do you want ? Looks like a grand opening to me.
I'm thinking of the second distribution. I'm impressed anyone got any considering the evil minds behind it. I'm also impressed at how consistently priced all the forks are. The two I got rid were both in the 0.01 range as is UBTC.
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jojo69
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diamond-handed zealot
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January 09, 2018, 10:22:44 PM |
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I'm in a position where I'm preparing to sell some corn in February. I'm not tickled about these prices.
et tu Rosewater? what is it with you pansies? HODL goddammit!
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El duderino_
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BTC + Crossfit, living life.
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January 09, 2018, 10:24:40 PM |
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Breaking 24777$ prediction game FINAL LIST 27/12/2017 bikerleszno ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 29/12/2018 cAPSLOCK ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 30/12/2017 digithusiast ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 31/12/2017 Raja_MBZ ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 01/01/2018 elg ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 02/01/2018 wachtwoord ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 03/01/2018 JimboToronto ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 04/01/2018 d_eddie ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 05/01/2018 BTCMILLIONAIRE ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 06/01/2018 HanvanBitcoin ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 07/01/2018 ghandi ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 08/01/2018 savetherainforrest ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 09/01/2018 explorer ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 10/01/2018 bicoinpsycho 11/01/2018 Bitcoinaire 12/01/2018 speedwheel 13/01/2018 undeadbitcoiner 14/01/2018 northypole 15/01/2018 ivomm 16/01/2018 maca068 17/01/2018 bitcoinvest 18/01/2018 last of the v8s 19/01/2018 mfort312 20/01/2018 1982dre 21/01/2018 flamast2 22/01/2018 RealMachasm 23/01/2018 willope 24/01/2018 kartala 25/01/2018 orpington 26/01/2018 rolling 27/01/2018 LFC_bitcoin 28/01/2018 jojo69 29/01/2018 CristiTCM 30/01/2018 rayX12 31/01/2018 realsteelboy 01/02/2018 twocorn 02/02/2018 mancroofer 03/02/2018 True Myth 04/02/2018 poolminor 05/02/2018 itod 06/02/2018 scheptan 07/02/2018 vapourminer 08/02/2018 alexeft 09/02/2018 siera 10/02/2018 AlcoHoDL 11/02/2018 Dunkelheit667 12/02/2018 yonton 13/02/2018 Wekkel 14/02/2018 Thekool1s 15/02/2018 starmman 16/02/2018 Globb0 17/02/2018 leveldkrypto 18/02/2018 olesh 19/02/2018 BitCoinBurger 20/02/2018 Paashaas 21/02/2018 flynn 22/02/2018 icygreen 23/02/2018 erisdiscordia 24/02/2018 phil_s 25/02/2018 sirazimuth 26/02/2018 Arriemoller 27/02/2018 yonton 28/02/2018 Muttley 01/03/2018 bones261 02/03/2018 heater 03/03/2018 soullyG 04/03/2018 InvoKing 05/03/2018 Notme 06/03/2018 sa_94 07/03/2018 NUFCrichard 08/03/2018 Imbatman 09/03/2018 Roombot 10/03/2018 STT 11/03/2018 badream 13/03/2018 erre 14/03/2018 julian071 15/03/2018 podyx 17/03/2018 fragout 18/03/2018 fabiorem 21/03/2018 dakustaking76 23/03/2018 nikauforest 31/03/2018 vroom 01/04/2018 somac. 02/04/2018 kurious 04/04/2018 fluidjax 05/04/2018 bitcoinbunny 08/04/2018 tyler1890 10/04/2018 ludwigvon 11/04/2018 hairymaclairy 16/04/2018 practicaldreamer 18/04/2018 free-bit.co.in 27/04/2018 drbrockoin 01/05/2018 sprinkles 02/06/2018 oblox 07/07/2018 IntroVert 03/08/2018 toxic2040 28/08/2018 bitserve 15/10/2018 Yefi 05/11/2018 mikenz 31/12/2018 melman2002 01/01/2019 Spaceman_Spiff_Original 12/02/2019 FractalUniverse 21/04/2019 gentlemand 20/02/2020 romneymoney 18/12/2021 luckygenough56 UPDATE AND GOOD LUCK
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The_Real_Punisher
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January 09, 2018, 10:25:38 PM |
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Holy moly ETH is really going crazy. Looks unstoppable. Wish I had converted to ETH as BTC was at 19k ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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