_javier_
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Activity: 444
Merit: 31
Still a manic miner
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June 13, 2019, 12:51:01 AM |
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If the chinese colluded to do such a change, they would end up with an useless token and those smart would see the opportunity to mine Bitcoin at a discount while the scammers burn money on their pretend Bitcoin, before the difficulty picks up traction again.
No, that is not how the world works such as how people like Bitcoin core erroneously state that only "nodes" or "users" matter and not miners. Miners determine the fate of Bitcoin because without miners you have no chain security. Yes, you can choose to boycott the majority fork...and then be attacked by them. Then you get to open the can of worms of being forced to change algo. Regardless, since Bitcoin has no Nash equilibrium, no Schelling point, and mining and transaction validators are all designed to centralize, it's nothing more than a corrupt political power vacuum like you would see in a senate. Miners need transactions to happen in order to stay solvent, and nobody would use inflationcoin. Also, literally all whales (except miners that are part of the attack, assuming they don't back-peddle) would dump their share on the attackers chain, collapsing the price, thus collapsing the hashrate, and forcing miners to come back to the original chain or go out of business. Nobody said anything about inflation. You erroneously claimed "21 million coins" constitutes a Schelling point for Bitcoin. You're making shit up on the fly. You can have infinite different forks all with a 21 million coin count. There is no Schelling point in shitcoins. Stop constantly lying. It's also 100% guaranteed for Bitcoin to be co-opted by the state since transaction validators are designed to centralize, not that the state wasn't involved in it's creation in the first place. Infinite different forks and none is bitcoin. Meanwhile in outerspace... https://www.forbes.com/sites/jamiecartereurope/2019/06/12/nasa-heads-for-psyche-a-giant-mysterious-metallic-asteroid-that-could-be-a-dead-planets-heart/#5d2d3dd365b8blah blah Nasa to explore a metallic asteroid that "could be worth a staggering $10,000 quadrillion." Eat that, metal bug!
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illyiller
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June 13, 2019, 12:53:24 AM |
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Someone did say in the tweet replies the original be wallet that sent them was a xapo cold wallet but could xapo really own so many coins?
Absolutely. Xapo is one of the largest custodians in the world: The Wealthy Are Hoarding $10 Billion of Bitcoin in BunkersIf you look into it, that wallet has been flagged as Xapo for a very long time. The "whale alert" or whatever Twitter account was blatantly wrong, and possibly trying to manipulate the market.
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pereira4
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Activity: 1610
Merit: 1183
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June 13, 2019, 12:59:54 AM |
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If the chinese colluded to do such a change, they would end up with an useless token and those smart would see the opportunity to mine Bitcoin at a discount while the scammers burn money on their pretend Bitcoin, before the difficulty picks up traction again.
No, that is not how the world works such as how people like Bitcoin core erroneously state that only "nodes" or "users" matter and not miners. Miners determine the fate of Bitcoin because without miners you have no chain security. Yes, you can choose to boycott the majority fork...and then be attacked by them. Then you get to open the can of worms of being forced to change algo. Regardless, since Bitcoin has no Nash equilibrium, no Schelling point, and mining and transaction validators are all designed to centralize, it's nothing more than a corrupt political power vacuum like you would see in a senate. Miners need transactions to happen in order to stay solvent, and nobody would use inflationcoin. Also, literally all whales (except miners that are part of the attack, assuming they don't back-peddle) would dump their share on the attackers chain, collapsing the price, thus collapsing the hashrate, and forcing miners to come back to the original chain or go out of business. Nobody said anything about inflation. You erroneously claimed "21 million coins" constitutes a Schelling point for Bitcoin. You're making shit up on the fly. You can have infinite different forks all with a 21 million coin count. There is no Schelling point in shitcoins. Stop constantly lying. It's also 100% guaranteed for Bitcoin to be co-opted by the state since transaction validators are designed to centralize, not that the state wasn't involved in it's creation in the first place. Increasing the supply of X does definitely not increase the supply of Y. The schelling point in altcoins vs Bitcoin is to stay in Bitcoin since it's the safest, most time-tested one, remaining altcoins will just be like penny stocks which you get to sell to increase Bitcoin stack (that's all that they are now basically). This thread is a complete joke now. In the earlier days of Bitcoin, just about everyone in it was pro-metals. The only people who are anti-metals are these little fly by night, shithead millenial scammers like Micgoossens and this pereira4 guy. The only reason they're anti-metals is because they know metals have far better fundamentals and it's an extreme danger to their imaginary, valueless, digital token Ponzi scheme.
Im not anti metals. Being anti metals is just as dumb as being anti Bitcoin. There are reasons to own both.
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jbreher
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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June 13, 2019, 01:07:44 AM |
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... but could xapo really own so many coins?
Why not? While 'own' may be a stretch, they do have one of the most elaborate and trusted custody services in the cryptoshpere.
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yefi
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Activity: 2842
Merit: 1511
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June 13, 2019, 01:19:06 AM |
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Not API imo
kracken last week 100 USD coinbase april 2017 0.06 USD Stamp June 2016 1.50 USD Bithump Oct 2017 500 USD Bitfinex feb 2014 100 USD
You've just presented another "crash" which is almost certainly an error in the feed. It's 500 KRW not USD by the way, and you can see that it isn't repeated in Bithumb's own chart.
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bitserve
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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June 13, 2019, 02:00:24 AM |
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ALL OF THOSE COINS HAVE LEFT COINBASE ALREADY.
I'm pretty sure it was someone fucking with us or laundering or some bullshit. Maybe cold to hot to new cold.
Possibly an OTC buyer and seller match that Coinbase brokered.
It's only whaleclub that identified that address as a coinbase one. Walletexplorer.com says the coins were sent to a xapo wallet, not to coinbase. https://www.walletexplorer.com/wallet/Xapo.com?from_address=3Qy5mTpumWh24f5UdwGPJEhStoD3A25fK9Whaleclub and walletexploreer probably use taint analysis to guess which address belongs to a company. It's not a perfect science, and they make mistakes. Those coins didn't necessarily get sent to coinbase, despite whaleclub saying they did. Someone did say in the tweet replies the original be wallet that sent them was a xapo cold wallet but could xapo really own so many coins? Yes. Xapo/Wences Casares own a fucking lot of coins plus probably the biggest crypto custody service.
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Hueristic
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Activity: 3948
Merit: 5361
Doomed to see the future and unable to prevent it
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June 13, 2019, 02:35:18 AM |
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HAH, I didn't even notice the price with all this Drama! This thread was easy to catch up too FOR ONCE!!! Welcome back $8100
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d_eddie
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Activity: 2632
Merit: 3448
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June 13, 2019, 02:46:49 AM |
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(Feel the Longing) It's not a negative that physical metals as money are NOT CONDUCIVE to globalization, it's A FEATURE - a positive one. (snip) artificial scarcity Keynesian scam
In the earlier days of Bitcoin, just about everyone in (this thread) was pro-metals.
A word like 'keynesian' and wall thread history, nearly meriting a roach (Sour acknowledgement) Don't get me wrong.. standing up for the sour puss, roach, but he has received much more than 12 merits. In fact, he has received 194 merits from other members since the implementation of the merit system. You can see all of his received merits on BPIP. Currently, he is ranked as 312th most merited, which is no small feat given the thousands of BTC talk members... also, kinds of contradicts his points about only the undeserved receiving merits, and he seems to be a kind of "undeserved" merit receiver... while quite stingy in giving out any merits.. So, for me, the quantity of Roach's merits is a kind of "who gives a shit?" consideration.
Quoting the ignored i was wishing for 'who gives a ratt's ass'
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infofront (OP)
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Activity: 2646
Merit: 2793
Shitcoin Minimalist
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June 13, 2019, 02:50:44 AM |
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rdbase
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Merit: 1563
Join the world-leading crypto sportsbook NOW!
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June 13, 2019, 03:03:32 AM |
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ALL OF THOSE COINS HAVE LEFT COINBASE ALREADY.
I'm pretty sure it was someone fucking with us or laundering or some bullshit. Maybe cold to hot to new cold.
Possibly an OTC buyer and seller match that Coinbase brokered.
Great another downtrend in the price incoming when those coins land on another exchange and sell. Prepare yourself for another dip below $7k by morning. From then who knows. We might be saying hello to $6k again. Another one sold too many BTC too early? Sorry for your loss and sorry to break the news, but it currently seems that we are continuing to experience ongoing and upwards BTC price pressures. Sucks to currently either be a BTC shorter or someone who has sold too much BTC too early. It does have a rinse and repeat effect from when it happened last time at the beginning of the month doesnt it? https://bitcointalk.org/index.php?topic=5152806.0
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d_eddie
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Activity: 2632
Merit: 3448
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June 13, 2019, 03:03:43 AM |
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Once I start meriting legendaries there's no end to it. Until there is.
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JayJuanGee
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Activity: 3850
Merit: 10878
Self-Custody is a right. Say no to"Non-custodial"
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June 13, 2019, 03:11:55 AM |
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i was wishing for 'who gives a ratt's ass'
one mustn't overplay ass of ratt due to Loss of dramatic effect.
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dyask
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June 13, 2019, 03:22:54 AM |
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If I had a bitcoin for every head & shoulders call I saw that never panned out, I'd be a whale.
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JayJuanGee
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Activity: 3850
Merit: 10878
Self-Custody is a right. Say no to"Non-custodial"
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June 13, 2019, 03:25:39 AM |
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ALL OF THOSE COINS HAVE LEFT COINBASE ALREADY.
I'm pretty sure it was someone fucking with us or laundering or some bullshit. Maybe cold to hot to new cold.
Possibly an OTC buyer and seller match that Coinbase brokered.
Great another downtrend in the price incoming when those coins land on another exchange and sell. Prepare yourself for another dip below $7k by morning. From then who knows. We might be saying hello to $6k again. Another one sold too many BTC too early? Sorry for your loss and sorry to break the news, but it currently seems that we are continuing to experience ongoing and upwards BTC price pressures. Sucks to currently either be a BTC shorter or someone who has sold too much BTC too early. It does have a rinse and repeat effect from when it happened last time at the beginning of the month doesnt it? https://bitcointalk.org/index.php?topic=5152806.0I doubt that you are going to improve your BTC price prediction success ratios by randomly spotting some chart patterns and planning your own BTC buy/sell behaviors based on some kind of superstition that it's going to happen again, in a similar way that you can see on such chart. Ultimately, you can do what you want concerning your own selling of your BTC and shorting of BTC, but seems to be a bit problematic for you to be FUD spreading in these parts and perhaps wishing for down (or others to follow) based on such spurious fact/logic support. My observation is similar to Hairy's from earlier today... which is that it remains dangerous for folks to be shorting BTC in this kind of market.. and gambling with hopes to increase their BTC stash while the pressures seem to be up, rather than down.. but do what you like, you might get lucky, but don't come on this thread and present your plan as if it were some kind of certainty and assigning it higher probabilities than it deserves as a random risk that could work out for you, if you are lucky.
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Paashaas
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Activity: 3529
Merit: 4601
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June 13, 2019, 03:30:14 AM |
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MA10 crossing over MA6. Market reversal trend when both of the MAs crossed, similair to 2015.
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Toxic2040
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Activity: 1792
Merit: 4141
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June 13, 2019, 03:32:00 AM |
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the evening wall report Hello everyone...another burn of the midnight oils is approaching. No rest for the wicked...it is said. bitcoin As we pass thru mid-week, the first breaths of those winds of change I spoke of are gathering. We are gaining substantial support above $8k as the slow bull walk begins again. There is a classic H&S brewing on the daily but I have not yet seen any sign that the longer term trend we entered into in April is broken. It is possible we will see a dip but my toe is screaming that it sees a ladder coming. *shrug* #dyor 1h 4h D #stronghands'19
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nutildah
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Activity: 3122
Merit: 8413
Happy 10th Birthday to Dogeparty!
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June 13, 2019, 04:06:48 AM |
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What's new:
Woke up to "99+" unread messages, thought I was extremely popular for a moment Discovered Bitcoin SV had finally learned how to delete messages from a self-moderated thread
What's old:
Newcomers arguing with roach Drama concerning the trust system
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bitserve
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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June 13, 2019, 04:11:22 AM |
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We need more drama.
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Hueristic
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Activity: 3948
Merit: 5361
Doomed to see the future and unable to prevent it
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June 13, 2019, 04:12:21 AM |
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We need more drama.
So just so I have this straight now, Merits and Trust are both now officially "likes"?Might be too soon. WellI gotta crash, interesting day today. Don't forget to vote. https://bitcointalk.org/index.php?action=trust;u=2371095
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fillippone
Legendary
Online
Activity: 2296
Merit: 16451
Fully fledged Merit Cycler - Golden Feather 22-23
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June 13, 2019, 04:54:48 AM Last edit: June 13, 2019, 06:31:32 AM by fillippone |
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Italy's Deputy Prime Minister has proposed a plan to "tax" money and valuables held by citizens in their private safety deposit boxes. Don't be surprised if more people around the world start looking for a non-censorable, non-seizable asset to store their wealth in. 🔥 https://twitter.com/apompliano/status/1138803120119648258?s=21Lol As a fellow Italian I suggest you an alternative way of looking at that. G-Men are desperate for new funds. Nobody in her right mind would voluntarily open her own security safe box just to be taxed. So? How does it works? If I work on the illegal economy, or simply I never paid my taxes because, you know, I’m Italian, I have a LOT of cash I store there in the bank and I cannot use in the “legal” economy. If I want to “clean it” I can take it off, being taxed on it (15%-20%) and deposit in the bank. State money laundering, at a very competitive rate I also would add.
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