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dragonvslinux
Legendary
 Offline
Activity: 1666
Merit: 2204
Crypto Swap Exchange
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January 23, 2020, 05:41:01 AM |
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People seriously leave their BTC long term on a random centralized website where they don’t control the private keys just to get a reported 4% interest?
You can get over 100% profits quite regularly just by HODLING. Remember people leave their usd long term on random centralized websites and services where they don't control their funds, just to get a reported X% interest. It's apparently very common. Therefore, the idea that this (fiat-orientated) interest scheme is popular among (I'm assuming) fiat users is far from surprising, even if it's disappointing to see. Fuck that!
Not your keys, not your BTC!
The popularity of these schemes implies that new buyers are entering the market in my opinion, which is a good sign however. Kind of like the way BCC showed just how ripe the crypto market was in 2017 by (literally) consuming lots of new users into the market... They were also promising daily interest if I'm not mistaken. |
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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People seriously leave their BTC long term on a random centralized website where they don’t control the private keys just to get a reported 4% interest?
You can get over 100% profits quite regularly just by HODLING. Remember people leave their usd long term on random centralized websites and services where they don't control their funds, just to get a reported X% interest. It's apparently very common. Therefore, the idea that this (fiat-orientated) interest scheme is popular among (I'm assuming) fiat users is far from surprising, even if it's disappointing to see. Fuck that!
Not your keys, not your BTC!
The popularity of these schemes implies that new buyers are entering the market in my opinion, which is a good sign however. Kind of like the way BCC showed just how ripe the crypto market was in 2017 by (literally) consuming lots of new users into the market... They were also promising daily interest if I'm not mistaken. I can't find the link..but back when I started in Bitcoin say around 2013 or 2014 it was a big deal to sell actual bitcoin coins with the private key on them. You would scratch off the covering to get to the private keys like a lotto ticket and store them in stacks in that manner. The trouble was that someone in the process of making these kinda bitcoin coins at whatever factory or the process must have researched Bitcoin and copied the keys on every coin sold, either before they were covered with the scratch-off stuff or maybe a file someplace. I can't find the link. I think it was a couple of years later when the person actually flushed them all in the heist. Can you imagine thinking you had legit safe keys and then 'poof' it was gone? Looks likely to me 'someone's' boring factory and assembly work paid off big time. Pretty sure they never caught the person but damned if I can find the link.  |
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LUCKMCFLY
Legendary
 Online
Activity: 2408
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
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The best started since 2012 ..  (CME) launched one such product, a bitcoin options contract, which reportedly had a successful first day of trading with a total of 55 contracts, worth 275 bitcoin, or the equivalent of $2.4 million.  As much as 65 percent of respondents to a survey conducted by crypto indexer Bitwise and ETF Trends said that a crypto ETF was their preferred method of getting exposure, followed by a distant 16 percent preferring direct ownership and an even more distant 9 percent preferring a mutual fund. Source: https://www.forbes.com/sites/greatspeculations/2020/01/21/bitcoin-has-its-best-start-to-a-year-since-2012#69eccbae69e9 |
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dragonvslinux
Legendary
Offline
Activity: 1666
Merit: 2204
Crypto Swap Exchange
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January 23, 2020, 07:17:14 AM
Last edit: September 10, 2023, 02:17:27 PM by dragonvslinux |
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[macd reference]
MACD Fakeout or Trend Change? As the MACD shows on the Daily chart , we are currently facing a not-yet-confirmed bear-cross today, lasts seen December 17th 2019 at $6,612. Since the breakdown from $10K last September we have seen 4 bear crosses, twice causing the price to drop 20-25% (September 21st & November 9th 2019), the other two two times were not-so-obvious bear traps before price rallied 40% (October 24th at $7,435 and as previously referenced). Needless to say, there is more upside with this becoming a MACD fakeout, than a trend change to bearish on the Daily chart . It's also worth noting that while the Daily is bear-crossing, the Weekly MACD is still close to bull-crossing, implying a lack of confluence. |
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El duderino_
Legendary
Offline
Activity: 2506
Merit: 12032
BTC + Crossfit, living life.
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January 23, 2020, 07:21:41 AM |
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Number go down.
Number not supposed to go down.
Number needs to go up.
Number listening |
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bitebits
Legendary
Offline
Activity: 2211
Merit: 3178
Flippin' burgers since 1163.
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January 23, 2020, 08:01:31 AM |
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https://rhythmofbitcoin.substack.com/p/blockchain-is-the-censored-word-forNow imagine a means to store wealth outside the system of governmental control that’s within the average citizens reach - a type of gold that weighs nothing, takes up no space, and can't be counterfeited or seized. It teleports instantaneously anywhere in the world and no one can stop it from happening. You can verify with perfect certainty the amount in the entire universe, and how much of the total supply you own yourself for less than $100 of hardware and an internet connection.
When number goes down, just remember the basics. Bitcoin is f*cking awesome!
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heslo
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January 23, 2020, 08:12:24 AM |
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LoL, Peter schiff latest tweet admitting he was making a mistake with his pin episode etc.....
The lie became to big I suppose....
What a massive dildo |
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El duderino_
Legendary
Offline
Activity: 2506
Merit: 12032
BTC + Crossfit, living life.
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January 23, 2020, 08:14:05 AM |
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LoL, Peter schiff latest tweet admitting he was making a mistake with his pin episode etc.....
The lie became to big I suppose....
What a massive dildo The moment when there is no wood to make arrows anymore, r0ach will experience this situation as well |
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heslo
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January 23, 2020, 08:31:48 AM |
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Not sure if there's any other Trekkies on here and a little off topic but Picard just released. Gonna sit down now after work and enjoy the continuation of one of my most favourite shows as a kid;if there's anyone else watching, hope you enjoy as well!
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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January 23, 2020, 09:20:18 AM |
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People seriously leave their BTC long term on a random centralized website where they don’t control the private keys just to get a reported 4% interest?
You can get over 100% profits quite regularly just by HODLING. Remember people leave their usd long term on random centralized websites and services where they don't control their funds, just to get a reported X% interest. It's apparently very common. Therefore, the idea that this (fiat-orientated) interest scheme is popular among (I'm assuming) fiat users is far from surprising, even if it's disappointing to see. Fuck that!
Not your keys, not your BTC!
The popularity of these schemes implies that new buyers are entering the market in my opinion, which is a good sign however. Kind of like the way BCC showed just how ripe the crypto market was in 2017 by (literally) consuming lots of new users into the market... They were also promising daily interest if I'm not mistaken. I can't find the link..but back when I started in Bitcoin say around 2013 or 2014 it was a big deal to sell actual bitcoin coins with the private key on them. You would scratch off the covering to get to the private keys like a lotto ticket and store them in stacks in that manner. The trouble was that someone in the process of making these kinda bitcoin coins at whatever factory or the process must have researched Bitcoin and copied the keys on every coin sold, either before they were covered with the scratch-off stuff or maybe a file someplace. I can't find the link. I think it was a couple of years later when the person actually flushed them all in the heist. Can you imagine thinking you had legit safe keys and then 'poof' it was gone? Looks likely to me 'someone's' boring factory and assembly work paid off big time. Pretty sure they never caught the person but damned if I can find the link. Sounds more like speculation regarding having coins stolen through insider intervention rather than something that actually happened. Are you referring to Casascius coins or some other brand of coin? Apparently they had a Casascius bar too, that was worth 100 BTC.... https://news.bitcoin.com/someone-redeemed-a-100-btc-casascius-bar-worth-over-700k/ |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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January 23, 2020, 09:43:50 AM |
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Number go down.
Number not supposed to go down.
Number needs to go up.
As I type, we are experiencing a bit of a BTC price correction - down a few percentage points for the week (currently at about $8,440), so I would suggest that our current running return for the year is a bit over 17.38% Starting price around $7,190. In contrast, the Forbes article cited above by LUCKMCFLY shows the first 15 days as up 22.54% Of course, there are decent chances that support at $8k or lower could get tested.. .still unclear about that, but frequently there will be some incentive to try to correct (or test) down (and support) a bit after a decent price rise before resuming up, in the event that we are going to continue with some up, since the halvening is anticipated to be about May 9th-ish, too. |
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El duderino_
Legendary
Offline
Activity: 2506
Merit: 12032
BTC + Crossfit, living life.
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January 23, 2020, 10:00:16 AM |
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Oooow, its Thursday, come on Lambie slayer, we ain't got time for this, take your padawan back under your wing please, guide program him well and make an honest bot out of it... THX
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JSRAW
Legendary
Offline
Activity: 2156
Merit: 1538
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January 23, 2020, 10:09:27 AM |
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Happy birthday VB1001 in advance
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El duderino_
Legendary
Offline
Activity: 2506
Merit: 12032
BTC + Crossfit, living life.
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January 23, 2020, 10:16:44 AM |
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Its involving 2 guys from Belgium, what am I up to this evening... Crack this riddle  |
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makrospex
Sr. Member
Offline
Activity: 728
Merit: 317
nothing to see here
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January 23, 2020, 10:20:26 AM |
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now there we have our "leg down". would you please kick in now, dear mr. bounce?  |
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makrospex
Sr. Member
Offline
Activity: 728
Merit: 317
nothing to see here
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January 23, 2020, 10:23:09 AM |
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obviously. confused passwd and pin. dude's growing old. Somebody should teach him how to write down important things like pins, pwd and lists of 12 words securely. I am sure he could handle that. And the ol' blockchain online wallet problem aka. "not your keys, not your coins" |
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El duderino_
Legendary
Offline
Activity: 2506
Merit: 12032
BTC + Crossfit, living life.
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January 23, 2020, 10:27:48 AM |
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obviously. confused passwd and pin. dude's growing old. Somebody should teach him how to write down important things like pins, pwd and lists of 12 words securely. I am sure he could handle that. And the ol' blockchain online wallet problem aka. "not your keys, not your coins" Indeed, but probably its all just a lie that didn't work out like how he wanted... Though in a world of online and whatever maybe the Nr one most important thing is keep Pw's properly organised and in safe storage or... just safe ways... |
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