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Quote:
Originally Posted by Sanlmar
The bigger it gets the more likely the controls (legislation) against money laundering etc become.Quote:
Originally Posted by Mintjewlips
Gored by its own success. The collision and near fatality is inevitable. Who knew they’d keep their hands off this long.
Al Franken was prolly just about to file a bill.
collision is a funny word to use when discussing cryptocurrency, especially in this context...
https://en.wikipedia.org/wiki/Collision_attack
Quote:
Originally Posted by GordmanQuote:
Originally Posted by Sanlmar
Tyler & Cameron Winklevoss
The $11 million in bitcoins the Winklevoss brothers bought is now worth $32 million
edit: at time of article BTC trading $350 now $750... Now worth $68.5 million
http://www.washingtonpost.com/blogs/...th-32-million/
A source close to the Winklevii says the brothers now hold 1 percent of all Bitcoins in circulation...
Im curious what the W twins are worth now because of bitcoin. In theory as of the time of bumping Sanlmars post, their supposed stake would now be worth around 1.5 billion.
Im wondering if this explains some of the very large transactions lately. Supposedly there was one in the past couple of days for around $250 million.
can someone tell me how I can purchase ethos with bitcoin I have in my coin base account?
Go to coinmarketcap.com. find ethis, click on markets to see where it trades. This is where you need to do your homework or do it some at a time. So from coinbase deposit to the exchange you chose. Buy your ethos. Then withdraw it to whereverQuote:
Originally Posted by big dick
The Rise and Fall of Bitcoin
https://www.wired.com/2011/11/mf_bitcoin/
1 Bitcoin now equals $16,050.22 US Dollars (December 8th 2017)Quote:
Who are they fooling, this shit isn't going to amount to nothing. - Todd "Dan Druff" Witteles (2009)
:lol3
due to snow in Alabama and the mouth breathers making a run on Walmart, milk and bread have both surpassed Bitcoin today
ALLIN ON LITECOIN
so you guys are basically going to make me start lobstermacandcheesecoin?
Faggot. The quickest way is to open an account on binance.com and then ship your BTC there. Then after 2 confirmations, you can swap it for ETHOS (ticker symbol = BQX). Binance is owned by the Chinks, so play at your own risk. Probably a good idea to move it off the exchange if you have a wallet that supports it. I got 150k worth of coins on there cause I like to gamble. If they fuck me, so be it.Quote:
Originally Posted by big dick
OK, so a night ago I dumped $200k of my BTC into the top alts and within 12 hrs realized I did so early, to the tune of $2k a coin. My call was good but early. At one point I missed out on 10 points of BTC profit +/-.
I awoke this morning and my early call paid off non the less :) As BTC retreated (as called and why I dumped into alt's the night before) and all top alts UP with an average of near 20%!
Now as of this time I am seeing a slow retreat of alts and potential swing up again in BTC so..... back to BTC all in I go, talk to ya in the morning after the Asians have their way in approx. 3 hours.
The BIG question becomes if I am right again then what, futures start the following evening and that could be huge or bad for BTC. Ill make that call Sunday.
Have fun folks :)
LOL AT OP
Major fail. Sure hope he doesn’t post his opinion in here.
He has been trashing it for 4+ years, almost daily.Quote:
Originally Posted by King
Any predictions on what will happen on this potentially wild week ahead?
Quote:
Originally Posted by snake_in_the_assHe has been trashing it for 4+ years, almost daily.Quote:
Originally Posted by King
EXCUSE ME IT TRASHES ITSELF, I JUST HOLD UP THE SPOTLIGHT
I see sonatine's favorite person in the world Douglas Polk is trying to do crypto videos:
https://www.youtube.com/watch?v=slFAQvB1hqY
oh he's been in full blown burger mode over crypto constantly. like he couldnt shut up about it to random middle aged men on PAD, it was cringetacular.
FFS!!! Who the hell produced this video... a deaf person??? The sound level of the background music at the beginning is cringe-worthy loud!... (Say it ain't so, Srsly!)Quote:
Originally Posted by BeerAndPoker
BTC selling higher on the exchanges right now.
$15k at the moment is true value
$15.6k on Coinbase
$15.4k on Gemini
I realize you can offer less, but that's what they're selling at.
That's annoying if you want to buy them to gamble with.
No, it's true value is the price at which a seller and buyer agree to trade.Quote:
Originally Posted by Dan Druff
I understand that, but why is the price inflated above everything else I see online regarding the value of BTC at the moment?Quote:
Originally Posted by Belly BusterNo, it's true value is the price at which a seller and buyer agree to trade.Quote:
Originally Posted by Dan Druff
So take Gemini. There's a shitload of people on there with BTC to sell. None are willing to sell for less than $15.4k, even when the actual price is $15k.
Is there seriously no one who is happy to just get parity (or maybe parity + fees) when they sell?
I'm just surprised there aren't people selling for lower. It also probably doesn't help that Gemini just auto-sets the price at that level unless you manually change it, so some people probably aren't even aware they're selling for a premium.
So it looks like you will get a few % bump if you cash out of a gambling site in BTC, then send it to Gemini/Coinbase, then sell it, right?
This also makes the exchanges a crappy place to buy BTC to gamble with, because you're getting dicked with a pretty steep fee.
I see right now BTC has fallen farther and is about $14.5k. It's going for $15.3k on Gemini right now and $15.4k on Coinbase. That's like a 6-7% markup. Yuck. Might as well just pay the Bovada credit card fee.
If you have an account / money on coinbase, go to gdax instead and trade there. It's owned by coinbase so your accounts and balances show up there just like coinbase.Quote:
Originally Posted by Dan Druff
You will be able to see the full market depth and because you are trading on the exchange floor the spreads are much narrower.
FYP
Quote:
Originally Posted by Dan Druff
After hours of youtube videos, I have come to the conclusion that this is all just a JP Morgan patent run amuck........but why haven't they shut this down if it's literally threatening their entire system of fraud.........Oh and coinbase just got a nasty letter from the IRS...
And note to the coinbase CEO , when you are trying to pitch bitcoin, spare me the technical vernacular.....
Yes. The offshore sites use the price of bitcoin found on bitstamp, so you pretty much have to wait for the USA exchange premium to disappear if you don't want to get fucked.Quote:
Originally Posted by Dan Druff
Word on the street is bail out. Heading below 10000
Lots of rumors etc.
In the stock market, all the brokerages get the price of individual stocks from the same database. So the price of apple stock is the same at E-Trade, Schwab, Fidelity, etc. Unfortunately, no central database exists for Bitcoin. So each exchange is kind of like its own individual stock market. The traders within that exchange set the price.Quote:
Originally Posted by Dan DruffI understand that, but why is the price inflated above everything else I see online regarding the value of BTC at the moment?Quote:
Originally Posted by Belly Buster
So take Gemini. There's a shitload of people on there with BTC to sell. None are willing to sell for less than $15.4k, even when the actual price is $15k.
Is there seriously no one who is happy to just get parity (or maybe parity + fees) when they sell?
I'm just surprised there aren't people selling for lower. It also probably doesn't help that Gemini just auto-sets the price at that level unless you manually change it, so some people probably aren't even aware they're selling for a premium.
So it looks like you will get a few % bump if you cash out of a gambling site in BTC, then send it to Gemini/Coinbase, then sell it, right?
Try explaining that to a customer who thinks you ripped them off because they paid the coinbase price but their app is showing them the dollar value at bitstamp prices.
Bloomberg is reporting that the top 1,000 BTC addresses control 40% of the total circulation (approx. 6.4 million BTC out of 16 million already out there)
Top 100 BTC addresses control 17.9%...roughly 2.85 million BTC
Quote:
Originally Posted by Benford
and probably half+ those addresses are quietly owned by elon musk.
Fake News. Those addresses belong to the major exchanges that hold customer coins.Quote:
Originally Posted by Benford
Quote:
Originally Posted by snake_in_the_assFake News. Those addresses belong to the major exchanges that hold customer coins.Quote:
Originally Posted by Benford
Rumors about Bitfinex and a Ponzi scheme driving up the price.Quote:
Originally Posted by simpdog
Problem is it likely is true, but it hasn't slowed down Bitcoin prices before.
BTC dipped under 13k for a minute today.
Druff should have put in a lowball offer on one of these exchanges that let you do it and let it wait out.
Quote:
Originally Posted by simpdogRumors about Bitfinex and a Ponzi scheme driving up the price.Quote:
Originally Posted by simpdog
Problem is it likely is true, but it hasn't slowed down Bitcoin prices before.
this is the cogest.
How does a lowball offer help me?Quote:
Originally Posted by BeerAndPoker
It's more likely it will auto-accept during a crash and then I'll be stuck with BTC worth a lot less than what I paid.
Yes, if I happen to set it near the bottom before it bounces, I can be okay, but I think the other side is more likely.
Either way, I don't want to buy BTC at 6% more than the market rate at the moment (and the rate I will get paid by gambling sites when I deposit them).
just to mess around, i bought 10 litecoins in september for around $60 each and they're now at over $150 on coinbase. went up $28 a coin yesterday
hoping they take off bitcoin style
CNN ran a front page article that bitcoin dropped 2k.... Of course its going to crash it double in price in like 2 weeks.... I hate to say it but mainstream media extremely biased. Until bitcoin is running below 2k it really doesn;t matter. It's still giving amazing long term returns.
This is coming from someone who sees very little value in bitcoin long term as I've explained numerous times. But the media is really terrible when it comes to bitcoin...
Quote:
Originally Posted by BetCheckBet
I doubt any networks want to have to explain how they had no coverage of bitcoin once the suicides begin in earnest. Expecting them to make sense of multi-billion dollar economy based on this is asking a bit much:
https://www.youtube.com/watch?v=1ujRE2IkEIo
It is a great time to cash out from these sites because they will send you coins at bitstamp prices and you can dump them on coinbase. Very Jewish friendly. Not so much the other way around.Quote:
Originally Posted by Dan DruffHow does a lowball offer help me?Quote:
Originally Posted by BeerAndPoker
It's more likely it will auto-accept during a crash and then I'll be stuck with BTC worth a lot less than what I paid.
Yes, if I happen to set it near the bottom before it bounces, I can be okay, but I think the other side is more likely.
Either way, I don't want to buy BTC at 6% more than the market rate at the moment (and the rate I will get paid by gambling sites when I deposit them).