The price charts I'm looking at don't show that.Quote:
Originally Posted by FRANKRIZZO
It's been hovering around 8400 for awhile now.
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The price charts I'm looking at don't show that.Quote:
Originally Posted by FRANKRIZZO
It's been hovering around 8400 for awhile now.
Good ol' fashioned market manipulation
https://www.forbes.com/sites/billyba...-manipulation/
Well now it really has dipped under 8000.
7886 as I write this
Fuck
Always tough to know when to bail out when this happens. On one hand, sometimes it bounces back and everything's fine. On the other hand, you have the people who said the same thing when it was 19000, and it retreated all the way down to 3k before coming back up.
So who the fuck knows?
get it together big guy
StockX - Sneaker exchange with a billion dollar valuation.
Belongs here
After what seemed like what was destined to be a march down to 7500 or worse, it stalled at 78xx, and now just breached 8100.
Could be a dead cat bounce though. Guess we will see.
:kermit
I’m chuckling that you are pondering whether this is happening at this price at this time. Because with all of the doom and gloom predicted about bitcoin since I joined this forum by the folks on here who, as Sanlmar said, are skilled at sniffing out fraud, one should have expected such pondering these four years later at a market price much closer to $81 instead of $8100, no?Quote:
Originally Posted by Dan Druff
Why?Quote:
Originally Posted by Sanlmar
Little tired but how about this.Quote:
Originally Posted by SpookygookWhy?Quote:
Originally Posted by Sanlmar
Although there’s the poetic similarity it’s about stupid valuation and quarter mill headshotsQuote:
In late 2006, programmer Jed McCaleb thought of building a website for users of the Magic: The Gathering Online fantasy-based card game service, to let them trade "Magic: The Gathering Online" cards like stocks
I never heard it was worth 1b..thats crazy talk
Bakkt is finally picking up: https://www.forbes.com/sites/billyba...CnPBvFhrP4TbpY
However, bitcoin has fallen back to its new-normal stable point of 8300 or so, after rebounding to almost 8700 a few days ago.
But this is a good sign that it could rise again, since Bakkt's failure was seemingly the reason it crashed in the first place.
Anybody have any thoughts or comments specifically to XRP/Ripple?
2017 called. It wants its fad cryptocurrency back.Quote:
Originally Posted by Daly
No, but seriously, I think XRP's time has passed. I realize that it inexplicably has popped up about 10% after the all-crypto crash of late September, but I don't see much of a future in it.
XRP shot to mainstream popularity in 2017, mostly pushed by people who felt it was the next bitcoin, and they were getting on the ground floor of something huge.
Even Micon complained how crypto noobs were asking him about Ripple, which made him feel that "the public gonna get rekt in 2018". He was actually right -- there was a massive crypto crash in January 2018, just weeks after he tweeted that. But I doubt that Micon (who had moved most of his crypto worth to bitcoin cash) had converted it to fiat prior to that.
In other news, nobody seems to give a shit that Bakkt is starting to do better. So Bakkt's early failures caused a market crash, and now Bakkt's better numbers are being ignored.
Reminds me a bit of how George H.W. Bush went from 91% approval rate in 1991 to looking likely to lose reelection in late 1992, due to the slipping economy. Strong economic numbers were released weeks before the 1992 election, but by then the public had soured on him due to the 18-month recession prior to that (plus his violation of the "Read my lips, no new taxes" promise), so that news didn't help him at all.
In short, bad news tends to be a lot more powerful than good news.
One of my favorite big casino aphorisms is:
Sometimes good news is good news. Sometimes good news is bad news.
Sometimes bad news is good news. Sometimes bad news is bad news.
The market cycle determines which is which.
“Sell the (good) news” is one example of a 1st level apparent contradiction.
Who knows where Bakkt fit in, honestly.
Quote:
Originally Posted by Daly
iirc north korea stole some huge slice of the xrp pie a while back.
bonus iirc its super popular for browser based crypto mining scripts (eg when you visit thepiratebay.org) but i might be confusing it with something else so grain of salt.
Yeah I forget which one was being mined, but yeah, the malware on thepiratebay.org was very prolific. If you aren't computer savvy enough to weave around it, you can end up with a lot of shit doing a lot of things you don't want.Quote:
Originally Posted by sonatineQuote:
Originally Posted by Daly
iirc north korea stole some huge slice of the xrp pie a while back.
bonus iirc its super popular for browser based crypto mining scripts (eg when you visit thepiratebay.org) but i might be confusing it with something else so grain of salt.
i was kinda at peace with it during that honeymoon period where it exited when you closed the window, in fact i thought it was a novel approach to monetizing traffic, but apparently there are new versions that run in the background as long as the browser is up, regardless of whether or not you close the tab that spawned it.
thats some bullshit right there.
Quote:
Originally Posted by Dan Druff2017 called. It wants its fad cryptocurrency back.Quote:
Originally Posted by Daly
No, but seriously, I think XRP's time has passed. I realize that it inexplicably has popped up about 10% after the all-crypto crash of late September, but I don't see much of a future in it.
XRP shot to mainstream popularity in 2017, mostly pushed by people who felt it was the next bitcoin, and they were getting on the ground floor of something huge.
Even Micon complained how crypto noobs were asking him about Ripple, which made him feel that "the public gonna get rekt in 2018". He was actually right -- there was a massive crypto crash in January 2018, just weeks after he tweeted that. But I doubt that Micon (who had moved most of his crypto worth to bitcoin cash) had converted it to fiat prior to that.
If I recall, I think this is the crypto shitcoin with the ridiculously high market cap?
I remember back in the "crypto peak" all of these dumb fuckers on another forum I was on were ranting on how Ripple is going to blow up HUGE. It going to be 40.. 50...60 per coin in a year or two. This is when it was +/- $2.50 per coin. I shit you not, a few of these guys were giving advice such as maxing out your credit as much as possible so you can get acquire all of the shares you can muster. A couple of dudes even mortgaged the family home.
I told them they were monumentally stupid for even suggesting this. Everything else aside, I even attempted
to explain how ridiculously high the market cap already was and how Ripple would have to suddenly become one of the largest companies ever created on earth for these speculators to come close to meeting their cocaine induced dreams.
Well, right now the coin is trading at approximately $.296....and the market cap is nearly $13,000,000,000 at this point. Yes, thats 13 BILLION!
It doesn't take a math whiz to figure out how many hundreds of billions or trillions the coin would have to be at for those "investors" to even come close to reaching their goals.
ripple/“XRP” is basically a scam
https://gizmodo.com/huge-child-porn-...ity-1839098730
feds just basically admitted that btc is 100% de-anonymized as far as their investigative capacities are concerned.
4Dragons is this true???Quote:
Originally Posted by sonatine
I'm not an expert, but my guess is they were able to unmask perps by creating a tor honeypot to get IP addresses and then subpoena vs backtracing bitcoin addresses
Because all bitcoin transactions are written to the blockchain, law enforcement can trace subsequent and prior transactions in an effort to unmask the suspect.
Examples:
John Pervo spends $50 in bitcoin on child porn, then also cashes out $1000 of bitcoin through Coinbase. They identify him through Coinbase.
John Pervo spends $50 in bitcoin on child porn, then purchases an item through an online merchant which accepts bitcoin. They identify him through the merchant.
John Pervo spends $50 in bitcoin through blockchain.info. Law enforcement gets blockchain.info to give up their IP address, which is then traced to John.
You get my point.
The only way to truly be anonymous with bitcoin is to use an untraceable IP, buy the bitcoin from someone who doesn't know who you are (such as through the localbitcoins site), pay them in cash, and then never use that wallet in any way which can be tied to you.
Or, to put it simply, they backtraced it.
https://www.youtube.com/watch?v=SmR89bFZLdc
The average pedo who buys BTC to access a kiddie porn site wouldn't be hard to trace.Quote:
Originally Posted by Dan Druff
But if you're a sophisticated crook it's not that hard to hide/obfuscate BTC transactions.
Dark Web wallets.
Tumbling services like Helix.
Unregulated exchanges.
Anonymous gambling sites.
Dark Web market transactions.
And of course localbitcoins like Druff said.
Don't simply rely on one approach, layer the transactions multiple times.
Logless VPN accessed via Tor on public wifi like at my local Mcdonalds would be impossible to trace IP.
At the end of the day though, it does open you up to being robbed in the process. Gambling site might rob you, unregulated exchange might rob you, dark web markets have a habit of just disappearing too. Helix might rob you. Localbitcoins is not safe either. :)
if you want to know how to do anonymous btc transactions, there is no need to look further than what russian carders have been doing for decades;
hire mules to convert cash to bitcoins via kiosks or face to face transactions.
then buy a burner phone, stick a wallet on it, xfer btc, and bobs your uncle.
You missed your cue, sonatine.
Bitcoin lost another 10% yesterday, and sits at $7400 or so.
:kermit
Quote:
Originally Posted by Dan Druff
Yeah I just re-upped because 99 times out of a 100 we are back to 8350 by Monday, but that said I just re-upped so gg nosedive to 6200.
Quote:
Originally Posted by sonatineQuote:
Originally Posted by Dan Druff
Yeah I just re-upped because 99 times out of a 100 we are back to 8350 by Monday, but that said I just re-upped so gg nosedive to 6200.
Well, that is... fortunate.
Good call on the re-upping. Easy $.
I'm also happy I didn't just load BTC onto a sportsbetting site last night which I was very close to doing, because I was thinking it might pop back to 8xxx and didn't want to be annoyed that I was "down" before placing a single bet with the money.
i mean sooner or later im going to get stung but these massive drops _always_ bounce back to 8300+.
over 9500 now. Could be related to news BTC hit 18M mined which when it hit 17M caused a massive price run up..Quote:
Originally Posted by sonatine
9200 right now as I type this. Tempted to unload some of my 2.5 BTC but I might wait a bit longer. Pretty sure it won't stay over 10k if it manages to breach that point.
i dont think it will ever reach 10k, for every person holding for a 10k sale there are a hundred ready to jump ship at 9900 so they dont get shut out and for every one of them there are a thousand looking to beat them to the punch at 9800, etc etc.
plus what with bitcoins being donkdown its even less likely.
Jumped to over 9700 twice today. Sits in the high 9500s right now.
Decided to withdraw most of my remaining 2.38 BTC, but Gemini is idiotic and the fees are bruuuuuuutal now (2%).
Fuck them. Signing up for a different service.
The Winklevoss twins can suck a big black penis.
Well, Binance has gotten stuck verifying me, and their "5 minute" process has taken 3 hours and counting, presumably not going to be handled til tomorrow.
Lord help me with BTC in the 9800 range.
Okay, so Binance finally approved me. Their "5 minutes" ended up being 6 hours, and BTC fell 4% and is still dropping (currently like 9520), but whatever.
Coinbase and Gemini are totally idiotic now with their 2% fees. Binance blows them away.
Might as well make us both some Jew $ too.
https://www.binance.us/?ref=35029165
Use that link to sign up and we both get $15.
Just don't let the mods of this site find out I'm spamming referral codes, or I might get banned from here.
In the meantime, BTC is falling as I am waiting for my BTC to get over to Binance.
Wheeeeeeeeee
Didn’t Binance stop service to US citizens?Quote:
Originally Posted by Dan Druff