LFC_Bitcoin
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Activity: 3626
Merit: 10064
#1 VIP Crypto Casino
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August 28, 2019, 04:59:38 PM |
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WOgame. Right now. Where am I? If you don't get it post haste, I'll add pixels. Blockchain Training Conference 2019 August 28 - August 30 Hyatt Regency Aurora Denver, 13200 E 14th Pl Aurora, CO 80011 United States + Google Map https://antonopoulos.com/events/list/
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VB1001
Legendary
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Activity: 938
Merit: 2540
<<CypherPunkCat>>
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August 28, 2019, 05:02:19 PM |
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WOgame. Right now. Where am I? If you don't get it post haste, I'll add pixels. I also say Andreas, is there a prize for everyone?
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BitcoinGirl.Club
Legendary
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Activity: 2870
Merit: 2760
Bitcoingirl 2 is downloading 💓
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August 28, 2019, 05:03:22 PM |
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Seems very close or it's the correct one LOL
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fillippone
Legendary
Online
Activity: 2254
Merit: 16193
Fully fledged Merit Cycler - Golden Feather 22-23
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I saw LFC online. So I wanted to be super quick! My answer is technically correct even if more vague than LFC one...let’s see what happens!
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JimboToronto
Legendary
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Activity: 4102
Merit: 4729
You're never too old to think young.
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August 28, 2019, 05:08:41 PM |
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Every once in awhile I like to look at old bitcoin purchases.....
In March 2014 I bought a Wii U for 1btc.
I'm looking at it now. See how stupid I was?
HODL
Recently sold a DSLR for £500, which was bought for ~£320,000. Seemed like a good idea at the time. Went to a Bitcoin "Crypto Love Festival" in the park on Sunday and wore my BTC baseball cap that I bought in the summer of 2013. A few of the younger Bitcoin enthusiasts were fascinated to learn that it was now worth over $5kCAD. At the time I thought I was being cool paying with Bitcoin. How times change.
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LFC_Bitcoin
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Activity: 3626
Merit: 10064
#1 VIP Crypto Casino
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August 28, 2019, 05:29:40 PM Merited by fillippone (1) |
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I saw LFC online. So I wanted to be super quick! My answer is technically correct even if more vague than LFC one...let’s see what happens!
You piece of shit, I recognised his hairline & was desperately searching for the exact spot
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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August 28, 2019, 05:31:11 PM |
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Just curious, why silver and not gold?
Gold has been a better investment most of the time.
1) The gold to silver ratio chart highly favors silver 2) Silver is the most artificially downward rigged commodity on the entire planet in the futures market and the goal is to buy low sell high 3) There's something like 1/4th the amount of above ground silver now as during the 1980's metals bull run while there's twice as much above ground gold since then. Hard to quantify the exact supply numbers, but they favor a massive silver spike moreso than gold in any type of 'free market'. 4) To prevent silver from being depleted and disappearing like it's current trajectory, the price will eventually have to go to several hundred dollars an ounce to warrant recycling in things like electronics 5) In any type of monetary metals revaluation, the west has a huge shortfall in gold with probably somewhere between 0 to 2000 tons only, so would likely attempt to buffer the gold shortfall with silver valued at a high ratio like 10-20:1 instead. 6) All other things being equal, silver has better fundamentals than gold due to having more use cases. Commodity money works under the context that if you hoard the entire supply, people somewhere actually need the commodity resource for something and you can ask whatever the market can bear. Conversely, since Bitcoin is not a real commodity or resource, if you hoard all 21 million the entire planet can just laugh at you and you have no power over anyone or anything. Whaddayaknow. r0ach does a quotable.
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SuperTA
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If you think that this 10k level is the new 6k level
i wouldn't compare those cuz it's different. At the 6k level, majority of traders were expecting that 6k is the solid bottom and they were expecting only going up. Now at 10k many traders are hoping for 8k and 7k to buy. Some of them even wait for 3k or lower. The second thing, at the 6k in 2018, we were in a bear market. Now we are in the macro bull market. The 3rd thing is that the 6k level was holding for 5 boring months. I don't believe that bitcoin will be boring between the bakkt going live and the months before the halvening. The 4th thing, we had a bch-bsv war at that time and in november, right after the bch fork, the entire market went down.
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Hueristic
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Activity: 3906
Merit: 5241
Doomed to see the future and unable to prevent it
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August 28, 2019, 05:35:43 PM |
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Customers Can Deposit Bitcoin to Bakkt’s Warehouse Starting Next WeekBakkt will open its warehouse to customers’ bitcoin on Sept. 6 in anticipation of its impending futures contract offerings, the company announced Wednesday.
In a tweet, the Intercontinental Exchange-backed bitcoin futures provider said it would begin offering customers secure storage for bitcoin “to prepare for the launch” of its daily and monthly futures contracts on Sept. 23. https://www.coindesk.com/customers-can-deposit-bitcoin-to-bakkts-warehouse-starting-next-week What kind of vault is in that warehouse?
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vroom
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Activity: 1304
Merit: 1682
a Cray can run an endless loop in under 4 hours
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August 28, 2019, 05:41:05 PM |
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Customers Can Deposit Bitcoin to Bakkt’s Warehouse Starting Next WeekBakkt will open its warehouse to customers’ bitcoin on Sept. 6 in anticipation of its impending futures contract offerings, the company announced Wednesday.
In a tweet, the Intercontinental Exchange-backed bitcoin futures provider said it would begin offering customers secure storage for bitcoin “to prepare for the launch” of its daily and monthly futures contracts on Sept. 23. https://www.coindesk.com/customers-can-deposit-bitcoin-to-bakkts-warehouse-starting-next-week What kind of vault is in that warehouse?
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VB1001
Legendary
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Activity: 938
Merit: 2540
<<CypherPunkCat>>
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August 28, 2019, 05:44:32 PM |
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Customers Can Deposit Bitcoin to Bakkt’s Warehouse Starting Next WeekBakkt will open its warehouse to customers’ bitcoin on Sept. 6 in anticipation of its impending futures contract offerings, the company announced Wednesday.
In a tweet, the Intercontinental Exchange-backed bitcoin futures provider said it would begin offering customers secure storage for bitcoin “to prepare for the launch” of its daily and monthly futures contracts on Sept. 23. https://www.coindesk.com/customers-can-deposit-bitcoin-to-bakkts-warehouse-starting-next-week What kind of vault is in that warehouse? Custody at our CoreCybersecurity Program Bakkt leverages one of the world’s most sophisticated cybersecurity programs, and the same systems that protect the New York Stock Exchange. Threats are identified from a “red team first” perspective and managed by a global team of security specialists. These experts collaborate closely with law enforcement and the global intelligence community to identify, analyze and prevent attempts at inbound intrusion. This results in a program that continuously adds controls to prevent the unauthorized access, disclosure, destruction, modification, or disruption of company data and prioritizes protections from a threat-objective driven approach. https://medium.com/bakkt-blog/custody-at-our-core-15f6b26d16d6It's all in the article.
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xhomerx10
Legendary
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Activity: 3934
Merit: 8495
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August 28, 2019, 05:47:50 PM |
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WOgame. Right now. Where am I? If you don't get it post haste, I'll add pixels. You're at the Hair Club for Men, Las Vegas branch waiting for a consult?
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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August 28, 2019, 05:50:48 PM |
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My last merit well spent. I have been saying for years our economic disparity has all stemmed from Nixon and been yelled down for it. 1971 was when the baby boomers started entering the workforce in large numbers ? Up until then there was a post-war labor shortage?
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makrospex
Sr. Member
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Activity: 728
Merit: 317
nothing to see here
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August 28, 2019, 05:53:23 PM |
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Every once in awhile I like to look at old bitcoin purchases.....
In March 2014 I bought a Wii U for 1btc.
I'm looking at it now. See how stupid I was?
HODL
Recently sold a DSLR for £500, which was bought for ~£320,000. Seemed like a good idea at the time. Which one? A gold plated Hasselblad? I'd like to know, as a photographer.
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fillippone
Legendary
Online
Activity: 2254
Merit: 16193
Fully fledged Merit Cycler - Golden Feather 22-23
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August 28, 2019, 05:55:56 PM |
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I saw LFC online. So I wanted to be super quick! My answer is technically correct even if more vague than LFC one...let’s see what happens!
You piece of shit, I recognised his hairline & was desperately searching for the exact spot His hairline is now his trademark. Look at his twitter profile image!
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ivomm
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Activity: 1878
Merit: 3023
All good things to those who wait
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Customers Can Deposit Bitcoin to Bakkt’s Warehouse Starting Next WeekBakkt will open its warehouse to customers’ bitcoin on Sept. 6 in anticipation of its impending futures contract offerings, the company announced Wednesday.
In a tweet, the Intercontinental Exchange-backed bitcoin futures provider said it would begin offering customers secure storage for bitcoin “to prepare for the launch” of its daily and monthly futures contracts on Sept. 23. https://www.coindesk.com/customers-can-deposit-bitcoin-to-bakkts-warehouse-starting-next-week The first regulated exchange for Bitcoin. If I understand correctly this tweet, the investor must buy bitcoins from another exchange and bring them to bakkt's custody. Then he makes the contract and at the end of the day/month, he will have more or less bitcoins, depending on his bet success. I am not sure how long he can keep the bitcoins in the custody. I've read somewhere about a limit of 12 months, but I can't find it now. So, let's say that a Wall Street company wants to invest in Bitcoin, but didn't decide it so far, because of the risks involved in buying and storing the coins. Now they can buy via OTC deal and send the coins to bakkt custody. In this way the coins will be safe with the insurance bakkt gives. This is a very important step which one day may persuade SEC to allow an ETF. Their main concern so far was the lack of a big regulated market, where the coins can be kept safe with an insurance for the investors. It would be interesting to know what is the ratio of retail/institutions buys. Not so long ago it was 100/0. This year CB reported about $1 bil per month from insitutions which is 1/8 of their volume. I have a doubt about that statement by CB's chief, but still there must be some truth in it. Let's say that we have roughly a 90/10 ratio this year. With bakkt it can go to 80/20, and with an ETF to 50/50 very quickly. On the other hand, the total savings of the population of the Earth is estimated around $300 trln. So, with the mass adoption if only 1% is used to buy bitcoins, then the price will reach $166 666 per BTC (x 18 000 000=$3 trln). And if institutions buy with another $3 trln this gives $333 333 per BTC. And all this in the foreseable future of 5 years. For a longer period, the ratio will change to 10/90 and the price may really reach and surpass $1 mil. Of course, most of us wouldn't wait that long. I will probably cash out most of my stash below 100K.
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BitcoinGirl.Club
Legendary
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Activity: 2870
Merit: 2760
Bitcoingirl 2 is downloading 💓
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August 28, 2019, 05:58:31 PM |
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Literally BCH is also dying but it was longer compared to the other fake ones but surely they will die and the people who think bitcoin cash will become bitcoin also will die with it. Danger with BCH is the way they branded their website. People thinks they are in a bitcoin site and they sometimes ends up buying BCH instead of Bitcoins.
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mersal
Member
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Activity: 1204
Merit: 38
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August 28, 2019, 06:01:25 PM |
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Literally BCH is also dying but it was longer compared to the other fake ones but surely they will die and the people who think bitcoin cash will become bitcoin also will die with it. Danger with BCH is the way they branded their website. People thinks they are in a bitcoin site and they sometimes ends up buying BCH instead of Bitcoins. Idiots will learn the lessons after lose so just let them to take the hard path to reach their goal. I see even on blockchain explorer for BCH but there should be no reason for them to be on it while searching a txid of bitcoin transaction.
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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August 28, 2019, 06:04:48 PM |
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WOgame. Right now. Where am I? If you don't get it post haste, I'll add pixels. Toxic2040 beat me to it, but it indeed looks like the forehead of Andreas M. Antonopoulos. Is it #BTC2019 in Denver? Well done, wall. Y'all make me proud.
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OROBTC
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Activity: 2926
Merit: 1862
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August 28, 2019, 06:11:43 PM |
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Just curious, why silver and not gold?
Gold has been a better investment most of the time.
1) The gold to silver ratio chart highly favors silver 2) Silver is the most artificially downward rigged commodity on the entire planet in the futures market and the goal is to buy low sell high 3) There's something like 1/4th the amount of above ground silver now as during the 1980's metals bull run while there's twice as much above ground gold since then. Hard to quantify the exact supply numbers, but they favor a massive silver spike moreso than gold in any type of 'free market'. 4) To prevent silver from being depleted and disappearing like it's current trajectory, the price will eventually have to go to several hundred dollars an ounce to warrant recycling in things like electronics 5) In any type of monetary metals revaluation, the west has a huge shortfall in gold with probably somewhere between 0 to 2000 tons only, so would likely attempt to buffer the gold shortfall with silver valued at a high ratio like 10-20:1 instead. 6) All other things being equal, silver has better fundamentals than gold due to having more use cases. Commodity money works under the context that if you hoard the entire supply, people somewhere actually need the commodity resource for something and you can ask whatever the market can bear. Conversely, since Bitcoin is not a real commodity or resource, if you hoard all 21 million the entire planet can just laugh at you and you have no power over anyone or anything. Whaddayaknow. r0ach does a quotable. r0ach would have even more bragging rights (for traders) if he had mentioned RHODIUM's three month spike in price, up some 50% since 30 May (from some $2850 per oz to some $4450 today (depending on who's quoting), up over $100 since yesterday): https://apps.catalysts.basf.com/apps/eibprices/mp/DPCharts.aspx?MetalName=Rhodium%20%20%20%20%20%20%20%20%20%20%20%20%20&Market=EIBRhodium is a platinum group metal, very rare, used in automotive catalysts, searchlights and as the watchface numerals in some Rolex watches. You know, in case you care. :p Unlike r0ach, I'd rather hold Au over Ag.
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