El duderino_
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BTC + Crossfit, living life.
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June 18, 2019, 10:31:35 PM |
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Where is Mic by the way?
Never to far away, was practicing my RL "kicker of tafelvoetbal" skills
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d_eddie
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June 18, 2019, 10:38:11 PM |
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Mic Saw this and thought of you I need to ask. Why the two satellite antennas oriented towards ground? It's the southern hemisphere, that's why. Oh wait what, it isn't? It's too much beer then.
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist
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June 18, 2019, 10:50:20 PM |
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Oh it’s proof that the UK is going to the hounds. I took the photo in Trafalgar Square a couple hours ago. It’s two green men holding hands. Even the pope would be upset.
OK, I have to admit that is one of the moist RETARDED things I have ever seen. The solitary “green man”, who has been featured on UK traffic lights since 1969, has now been joined by a male partner or replaced with two green women holding hands. https://www.express.co.uk/news/uk/706789/Gay-traffic-lights-leave-pedestrians-confused-Trafalgar-SquareFrom the article: Mr Smith, of Preston, Lancashire, said: “When the light went green I saw the two female symbols and I thought, ‘Oh right, so my missus can cross with my little girl but what do me and the boy do?’
“This wouldn’t work up north. If you introduced this in Preston people wouldn’t know what you were going on about. I think it’s just a London thing really.” There are all sorts of things that don’t work up North. Most of the population, for starters. Its most likely linked to the gay pride marches in London and showing "solidarity" It's ridiculous. You can't just change official traffic signs with random shit. What's next? Ads on it? Oh... wait! Won’t someone think of the children ?
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist
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June 18, 2019, 10:51:12 PM |
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Mic Saw this and thought of you I need to ask. Why the two satellite antennas oriented towards ground? Dude that’s seriously funny
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Saint-loup
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June 18, 2019, 11:12:31 PM Merited by BobLawblaw (1) |
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I´m getting tired of these sub Vegetta dumps.. Very easy to scalp them yet
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El duderino_
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BTC + Crossfit, living life.
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June 18, 2019, 11:15:08 PM |
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Good night brothers
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Saint-loup
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June 18, 2019, 11:20:36 PM |
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Good night brothers Have sweet dreams of 10k
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podyx
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June 18, 2019, 11:24:24 PM |
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This graph looks reasonable. Going up to $60k then drops to $20-$40k ish. Halving kicks in. Bitcoin blast to $100k - $200k. This is what I imagine aswell. I've been running a few analysis methods to predict a top (that I also used in predicting previous bubble tops pretty damn accurately) and it came out at $55k-$60k if it were to happen this summer/fall
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Ibian
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June 18, 2019, 11:32:40 PM |
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Fakecoins will just be another reason for the major social medias to be regulated - which they need - but it will be done in a way that is least desirable to normal people.
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Hueristic
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June 19, 2019, 12:28:55 AM Last edit: June 19, 2019, 12:56:49 AM by Hueristic |
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There are all sorts of things that don’t work up North. Most of the population, for starters.
Take that, northerners!
LOL. https://www.youtube.com/watch?v=8t2EdPf7f00Of course someone is scared this Libra thing could actually work after all: France Calls for Central Bank Review of Facebook CryptocurrencyFacebook Inc.’s ambitious plan to roll out its own cryptocurrency ran into immediate political opposition in Europe, with calls for tighter regulation of the social-media giant. French Finance Minister Bruno Le Maire said the digital currency known as Libra shouldn’t be seen as a replacement for traditional currencies. “It is out of question’’ that Libra “become a sovereign currency,’’ LeMaire said in an interview on Europe 1 radio. “It can’t and it must not happen.”
I would classify this as Anger Stage in the Kübler-Ross modelThis should work as a good legal test case, I wonder if it would be the US challenging it if it was pegged to the Franc.
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Hueristic
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June 19, 2019, 01:40:25 AM Last edit: June 19, 2019, 02:09:02 AM by Hueristic |
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Maybe my broken English made me not clear: Libra is a KYC'd solution. The KYC doesn't come from the protocol itself, but from the gateways used to access this protocol (wallets).
Well it comes off as: Not at protocol level and thus can be bypassed. This statement would be incorrect. It's good that you clarified though. ... It should be interesting to find out if a hacked wallet can be run on it's network. And the fees that "Alice" and "Bob" will pay in transactions round out Mr.FB business.
Zuckerberg is laughing all the way to the bank (the only person to truly benefit from this farce will be him). Vinklevii bros. this time are going to laugh louder at the end. Sweet revenge. You really think their "Spedn" app will win the race against a facebook coin? You're serious? No, I mean they are massively long BTC: so I have no doubt who's going to win in 10 years time between BTC and Libra. Considering BTC is not a "stablecoin" there is no competition and they cannot even be compared. It will be telling to see how it compares to the other stablecoins in 10 years though.
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Hueristic
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June 19, 2019, 02:28:53 AM Last edit: June 19, 2019, 02:39:12 AM by Hueristic |
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www.calibra.comEnforced KYC and insured against hacks. Thats the Libra website if someone is wondering. Hmm. Sure bout that? May be scam. Evidence? My spidey senses are tingling. Also, registrar (1api.net) is different than facebook's (registrarsafe.com). Why? I think it will be less centralized then SV. Careful with your OpSec kenzawak, my friend. I do enjoy your journeys though, just stay safe Checking my ip logs at least twice a day but you're right, you never know, I need to be careful. Thanks for looking out ! Yeah, 99% of people on this thread are probably absolutely fine. There’s always a couple of cunts everywhere though. Thats why on the eight day God said "Thou shall provide an ignore button, that is all" He's gonna run out of countries he can sue in soon.
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toknormal
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June 19, 2019, 02:40:40 AM |
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Facebook Coin is falling into the crack between the old and the new in its attempt to be "blockchain". At least with a regular bank deposit you have a proper contract in your own name. Meanwhile in trainwreck land:
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rebal15
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June 19, 2019, 02:55:18 AM |
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Don't waste your time on shitbook. Save your brain energy for useful things.
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rdbase
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Join the world-leading crypto sportsbook NOW!
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June 19, 2019, 02:57:38 AM |
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If Libra is set to be a stable coin then why is it even a topic of conversation, why’s it being reported on so much? Nobody is going to make any money from it apart from Zuckerberg, pointless waste of time.
And the fees that "Alice" and "Bob" will pay in transactions round out Mr.FB business.
Zuckerberg is laughing all the way to the bank (the only person to truly benefit from this farce will be him). Zuckbucks is for him and him only.
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Biodom
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June 19, 2019, 03:00:38 AM |
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This graph looks reasonable. Going up to $60k then drops to $20-$40k ish. Halving kicks in. Bitcoin blast to $100k - $200k. This is what I imagine aswell. I've been running a few analysis methods to predict a top (that I also used in predicting previous bubble tops pretty damn accurately) and it came out at $55k-$60k if it were to happen this summer/fall Could you link a couple (or more) of your prior predictions of such tops. I am genuinely interested. Thanks. BTW, a move exactly like in 2013 would be $3.1 K to 65K, down to $16.7K, up again to $300K. Of course, it is never the same, but it could rhyme.
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Hueristic
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June 19, 2019, 03:29:42 AM Merited by JayJuanGee (1) |
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However, Libra is not designed to be a stablecoin (as currently defined in the cryptocurrency world) with its value not pegged to a single fiat currency. Specifically, Libra will instead initially be backed by a basket of assets denominated across four fiat currencies: USD, GBP, EUR and JPY.
While these fiat currencies are the first to be included, these are three key criteria we expect for any asset - fiat or not - that could be eligible in the long-term for inclusion into the Libra Reserve:
Individually uncorrelated: only fiat currencies with free-float can be eligible; currencies that are tied / soft-pegged to each other would only be redundant in the Libra Reserve. Decision-making process should be tied to either public organizations (i.e. central banks) or an asset being freely accessible (e.g. commodities). Quotability: assets must be universally recognized across jurisdictions, to have programmatically-quotable value. For instance, Apple shares (AAPL) are only traded with a single quote currency: USD. As a result, its shares lack additional quotes to serve as a way to value other assets in various jurisdictions. Alternative assets like Gold or Bitcoin could serve this purpose better as they are traded in multiple markets globally and thus be included in the basket of assets used to determine Libra’s value for end users around the world.
Doesn't matter what they peg it to, it's still a stablecoin if it's pegged to a asset class even if that class is newly made up and has variance.
Tether was fully backed by collateral deposits. Until it wasn't.
Tether was so not a scam. Until it was.
Actually it has become the opposite, it was a fractional reserve that they profited from and then backed. And now isn't again, but that is due to TPTB seizing their reserves. We have to admit they did state on their site that it was not guaranteed to be honored since day one.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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June 19, 2019, 03:34:50 AM |
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I've been preparing myself mentally for 8000.
I mean, there has to be a real pullback at some point to establish a higher low...right? Perfect logic, yes. Just 3 months ago, $8000 would have been considered by many ppl an unlikely dream so soon, so going back there is fine.. (even $7k is a 'very high' low) You gotta admit, M&M, that our change in price direction of bitcoin seems to fall quite a ways into a kind of range of unexpected. Bitcoin does the unexpected, again. Surely, after the collapse of support of $6k, even I was considering that we would be going down further than $3,122, so yeah, I did not consider our April 1 break above $4,200 to have been sufficient to get us out of our bear market, but really BTC's price has continued to go up and up and up and up since after that April 1 break of resistance .. and still no real meaningful price correction. So, by the time, we got to May and then experienced a few more upwards breaks of resistance, the evidence became more and more convincing that we were out of the bear market. Not only the amount of time that BTC's price was going up but the amount of distance that BTC was putting on the $3,122 bottom (or any other price point even close to that). So, yeah, I would agree that price corrections down to $7k or even $6k are certainly plausible, but those kinds of corrections, don't really seem to be in bitcoin's current cards. She seems to want to at least break $11k before giving some kind of meaningful test of support, and even then she might want to continue UP for a bit longer - since so many shorters seem to continue to want to provide fuel for further UP. Sucks to be a shorter, and they seem to believe that if they keep betting down, then sooner or later they are going to be right - even though they continue to lose money in the process of their continued downward bet... We'll see... We'll see.
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Hueristic
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June 19, 2019, 03:39:24 AM |
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Except we don't really KNOW if it was really fully backed. Also, neither cash nor BANKING FIAT are absolutely NON-FUNGIBLE... if they were selling Tether in exchange of banking fiat coming from dubious individuals/corporations, those funds were not really worth their face value because you are assuming a risk (that finally materialised) that the funds gets frozen later.
That's the reason even people (not only governments/banks) do require reasonable KYC on the origin of funds for big purchases, because you could end up without the sold good plus the obtained funds seized on a later date.
We only know that one point in time it was backed and that was done by a law firm which was only allowed access to the balance but not the books. Shady but they did prove they had the cash at that one point in time.
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bitserve
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Except we don't really KNOW if it was really fully backed. Also, neither cash nor BANKING FIAT are absolutely NON-FUNGIBLE... if they were selling Tether in exchange of banking fiat coming from dubious individuals/corporations, those funds were not really worth their face value because you are assuming a risk (that finally materialised) that the funds gets frozen later.
That's the reason even people (not only governments/banks) do require reasonable KYC on the origin of funds for big purchases, because you could end up without the sold good plus the obtained funds seized on a later date.
We only know that one point in time it was backed and that was done by a law firm which was only allowed access to the balance but not the books. Shady but they did prove they had the cash at that one point in time. That's not enough evidence for ME. I can't say I know that just because of a third party dubious appraisal. In fact neither could they (not enough information and redundant verifications). And also that cash was already hindered from the origin so it was never worth its face value (which is my main point here). I can have a barrel full of (real) notes but if the origin of them is dubious it is almost (unless I manage to launder them, which has a very significant cost) as if I had nothing. Which is exactly what happened to Tether when it got a big chunk of their funds locked. Also, I can have X millions in my bank account and be bankrupt... if you don't have full access to my books and carry a deep audit it could all be just loaned money for the snapshot. It is basically impossible to take into account liabilities if you don't know about their existence.
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