-- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World!

[shanem]

What is up with many of the altcoins being pumped like nobody's business.

I don't understand why this happens when there is no news. It seems that ETH has lost much volume and many of the btc are pumping the other alts.

[1715110092]

1715110092

[1715110092]

1715110092

[1715110092]

1715110092

[Vlad2Vlad]

What is up with many of the altcoins being pumped like nobody's business.

I don't understand why this happens when there is no news. It seems that ETH has lost much volume and many of the btc are pumping the other alts.

I think there are millions of dollars leaving ETH and also BTC.  Speculators bought BTC hoping for a massive run after the halving but it didn't come.  Some of that money is finding its way into alts. 

[Vlad2Vlad]

Dominoes...

---



ZeroHedge
by Tyler Durden
Jul 10, 2016 10:42 AM

Deutsche Bank's Chief Economist Calls For €150 Billion Bailout Of European Banks

The cards have been tipped, and it appears Italy's Prime Minister may have been right.

In the aftermath of Brexit, much of the investing public's attention has turned to Italian banks which are in desperate need of a bailout as a result of €360 billion in bad loans growing worse by the day (and not a bail-in, as European regulations mandate, as that would lead to an immediate bank run) to avoid a freeze and/or collapse of Italy's banking sector. This has pushed stock prices - and default risk - on Italian banks to record levels. So far Italy's bailout requests have mostly fallen on deaf ears, as Germany's political leaders have resisted Renzi's recurring pleas for a taxpayer funded rescue. However, as we have alleged, and as the Italian Prime Minister admitted last week, the core risk for Europe is not just the Italian banking sector but the biggest bank of all in Europe: Deutsche Bank.

Recall last Thursday, when speaking at a joint news conference with Swedish Prime Minister Stefan Lofven, Matteo Renzi said other European banks had much bigger problems than their Italian counterparts.

---

€150 Billion is the tip of the iceberg.  European banks are in worse shape than the U.S. banks were so they're gonna need multiple trillions and the only way they're gonna get that kind of money is by straight confiscation aka bail-ins.  It's an engineered scheme to motivate the sheep out of cash and into other assets.

...Enter Bitcoin and the mother of all asset bubbles [and wealth transfer] mankind has ever seen!

[Vlad2Vlad]

Always start with those who can't say no, those dependent on the state.

---

[Bitcoin.com] - UK Gov’t is Trialling the Blockchain for Welfare & Pensions

---

Like I always said, governments love Bitcoin/Blockchain more than even banks or corporations.

Not much time left, monkeys, do what I did, sell your house, car, and clothes off your back and jump in before it's too late.  You can still become a multi millionaire off just a few grand but that window of opportunity is quickly closing. 

And this thing with Ukraine, it's the first govt to do such a thing?  This is a Russia approved/sponsored test programme. 


Russia will soon ~Feel the Signal!

[Vlad2Vlad]

VOORHEES!!!

---

[CryptoCoinsNews] - Leading Bitcoin payment processor, BitPay, recently endorsed an innovative Bitcoin company, ShapeShift. In a blog post, the company described how one could use ShapeShift to pay for things in crypto-currencies other than Bitcoin through BitPay.

ShapeShift CEO Erik Vorhees calls the website, “the Google Translate of crypto-currencies” referring to how easy it is to transfer from one crypto-currency to another.

---

Erik, even this article spelled your name wrong.  You know I'm the only guy in crypto that cares enough to spell your name right.

Soooo...

IXCoin gets another chance on shapeshift.  Let's do this the nice way. 

[Vlad2Vlad]

VOORHEES!!!

---

Bitwala Partners with ShapeShift: Accepting All Major Cryptocurrencies

---

I might have to get medieval on Erik!  It's too bad cause he's one of the few top Bitcoin guys I actually like.  

[shanem]

I don't understand what STEEM is about. This coin is risen exponentially in a few weeks.

It seems that many of the altcoins are in a bubble as their value have increased a lot.

[Vlad2Vlad]

I don't understand what STEEM is about. This coin is risen exponentially in a few weeks.

It seems that many of the altcoins are in a bubble as their value have increased a lot.

Haven't researched steem much but it's about social credit system I believe.  China is going big on that as well.  I think Steem is target in Social Networks like Facebook.  I'm sure they'll do well in their niche market but the current spike in price had little liquidity. 

That said, I don't want IX to be just a niche market currency.  IX is designed to be a daily currency - used for everything Bitcoin was meant to be used for.  And that, that is the real deal and it should demand a massive market cap!!!

Just gotta open the eyes of the world to the potential of IX.

[Vlad2Vlad]

Bahahahaaaa!!!

---
Cointelegraph - Once Libertarian Dream, Bitcoin Is Now Chinese Currency

---

When China started banning Bitcoin 2.5 years ago I said it was a ruse so they could accumulate.  Now here we are.

But don't fret - China is gonna push Bitcoin mainstream in China in a massive way.  Then add the COIN ETF and you'll see the trillions of dollars coming into Bitcoin like I've been saying for 3 years. 

It's gonna be mind-numbingly ridiculous.  Generational wealth lost, made and transferred overnight.  Hope you muppets are loaded up cause I have a feeling China is gonna make a big move later this summer.   

China et al LOVE Bitcoin!

[Vlad2Vlad]

Ethereum Vapor is Hardforking!!!  Flush it!!!

---

Email from Kraken:

The ETH hard fork:

As you may know, the Ethereum community has elected to do a hard fork in order to resolve the DAO exploit. The MainNet block on which the hard fork will occur is set at 1920000, which should be reached on Wednesday July 20 (this is only an estimate however).

---

Just a month ago the fetus guy was publicly laughing at Gavin, talking about signaling theory.  I doubt Gavin would make such a ridiculously obvious coding error and then destroy the rep of the coin forever by Hardforking it.

Speaking of signaling, Vitalik, you're sending out the wrong signal, brother!

The only reason Ether hasn't collapsed to a penny, and is still worth so much is due to the rich and connected insiders that are apparently gonna keep pushing their turd, even though their top coders [like Vlad Zamfir] have said, "Ethereum doesn't work, it has to be completely redone". 

Welcome to the crypto status quo!

[Vlad2Vlad]

Great article explaining what/why Ethereum/Ether was such a pump and dump.

On Ponzis, Equity, Derivatives and Ethereum

http://www.wallstreettechnologist.com/2016/07/12/on-ponzis-equity-derivatives-and-ethereum/

[Vlad2Vlad]

666

---

Someone has had the price pegged at $666 nearly the entire day.  Funny.

[Vlad2Vlad]

#ChinaPower Signaling?

I've never seen the price sitting at $666 for so long.

---

In China the number [666] is considered to be lucky and is often displayed in shop windows and neon signs.  In China, 666 can mean "everything is going smoothly".

---

#ChinaPower can ~Feel the Signal!

[Vlad2Vlad]

。。

[Vlad2Vlad]

Another overrated, ultra expensive Vapor Coin has been hacked!

First Ether and now Steem.  Both appropriately named after vapors.

---

CoinFox - Steem is hacked! $85,000 reportedly stolen

---

This has never happened with Bitcoin and IX is also bulletproof secure.  Maybe soon investors will understand what it means to have a feature that is not a simple copy and paste.  

Edit:  Made a reading comprehension error.  STEEM was NOT hacked, it was just a website [Steemit].  Bitcoin has had many related sites and exchanges hacked.  I like propaganda but I don't like lies.  My apologies!!

[Vlad2Vlad]

Coinbase still showing $666.

Maybe it's not the Chinese.  Maybe Brian Armstrong is the devil.  Haha!  I've never seen the price pegged like this for so long.  Odd.

[frobley]

Coinbase still showing $666.

Maybe it's not the Chinese.  Maybe Brian Armstrong is the devil.  Haha!  I've never seen the price pegged like this for so long.  Odd.

$666 bitstamp right now, I'm feeling like we're going to breakout, up or down maybe 

[Vlad2Vlad]

$666 bitstamp right now, I'm feeling like we're going to breakout, up or down maybe 

It could break down but my feeling is we're about to start a huge summer run.  $3,000 - $3,500 by end of summer.  I think the Chinese are gonna start pushing Bitcoin mainstream in China and COIN should come later this year. 

The best part is that it looks like alts are gonna have a huge run as well. 

It's gonna be a hot summer! 

[Vlad2Vlad]

Thanks for the correction poolminor, I only skimmed that article and missed that. 

Cheers!

[Vlad2Vlad]

Others are beginning to notice the signal!