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25th January 2018, 17:57 | #161 |
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DataDash breaks down Tether:
https://www.youtube.com/watch?v=kyQfGsYDcnw I doubt Tether is responsible for 90% of the value in the whole crypto realm. It's a utility token to jump to the sidelines. I think the Tether issue is worrying, but rather blown out of proportion. Of those who jump to the sidelines momentarily, many won't be able to buy back in lower than they "sold"? Which is to say it is less a force multiplier for inflating the value of cryptos, and more a mechanism for transferring money from noobs to the traders who correctly read the markets. Many hodlers don't touch Tether or exchanges once they have bought their crypto. Are these people the majority, or the minority? I think Tether should be shut down or implemented better, yes. My biggest complaint is that it encourages terrible behaviour. Noobs get rekt because of their weak hands, and veterans have a safe haven for high volatile periods. |
25th January 2018, 22:01 | #162 |
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Sold 90% of my LTC today.
Waiting for a good ETH buy opportunity to add to my relatively small holding. Might get some Ripple also and see where it ends up at the end of the year. |
26th January 2018, 12:20 | #163 | |
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Wow, 550 billion dollars. That's amazing. You can do a lot with 900 billion dollars. That would be a lot of money for the average market, but i wonder how much of an impact 210 billion dollars really has on an economy.
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ɹǝʌo sᴉ ǝɯɐƃ ʎɥʇ |
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26th January 2018, 15:25 | #164 |
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crocos, halps.
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Stay shook. No sook. |
26th January 2018, 16:04 | #165 |
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Whu'chu talkinbout Willis? And no, I don't think even Bob knows what he's on about.
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Ξ √ Ω L U T ↑ ☼ N وكل يوم كنت تعيش في العبودية |
26th January 2018, 16:31 | #166 |
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Because the price is so volatile the market shifted dramatically multiple times while i was writing the post, yageddit?
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ɹǝʌo sᴉ ǝɯɐƃ ʎɥʇ |
26th January 2018, 16:51 | #167 |
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Bob, that was worse than one of my jokes.
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Ξ √ Ω L U T ↑ ☼ N وكل يوم كنت تعيش في العبودية |
28th January 2018, 00:15 | #168 |
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It's actually pretty good.
I was thinking that line a dad gives his kid "$40? You want to borrow $20? What do you need $10 for?" Which obviously didn't fit.
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Stay shook. No sook. |
28th January 2018, 13:53 | #169 |
Architeuthis
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Tether has, uh, 'dissolved' its relationship with its auditor. Lul.
https://www.coindesk.com/tether-conf...tor-dissolved/ However, they remain 'committed to the process' (of printing fake Tether). Last edited by Ajax : 28th January 2018 at 13:54. |
30th January 2018, 15:15 | #170 |
Holmium
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Nice to see NEO hitting it's ATH vs sat today.
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30th January 2018, 17:27 | #171 |
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Gamers are complaining that bit miners are driving up the price of graphics cards.Hard to see why but anyway..
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30th January 2018, 19:30 | #172 | |
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Quote:
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Ξ √ Ω L U T ↑ ☼ N وكل يوم كنت تعيش في العبودية |
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30th January 2018, 23:55 | #173 |
Architeuthis
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Cryptopia has lost banking for NZDT. Which makes cashing out in NZ that much trickier.
https://www.cryptopia.co.nz/News |
30th January 2018, 23:57 | #174 |
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What is this "cashing out" you speak of?
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Stay shook. No sook. |
31st January 2018, 00:08 | #175 |
Architeuthis
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It is necessary in order to exchange one’s virtual tokens for most goods and services.
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31st January 2018, 14:07 | #176 |
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You'd think that there would be significant funds, millions in the bank accounts to back NZDT tokens. Also significant funds containing exchange account holders funds, considering that there are a million plus users then those figures should be in the tens of millions (conservatively) and the bank is walking away?
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31st January 2018, 14:35 | #177 |
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This is fantastic:
Proof of Weak Hands Coin "The World's First Autonomous and Self-Sustaining Pyramid Scheme"
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Stay shook. No sook. |
31st January 2018, 18:40 | #178 | |
Architeuthis
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Most likely their bank simply got the jitters due to the shady nature of crypto and the very large sums transiting through the account. |
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4th February 2018, 15:34 | #179 |
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So... anyone else trade the big dip recently? Made a little bit, nothing amazing.
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4th February 2018, 15:53 | #180 |
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It's always a good time to buy Ethereum, but now's especially good.
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Stay shook. No sook. |
4th February 2018, 19:17 | #181 |
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LTC is pumping a bit on litepay being activated shortly. Its a bit odd as it was announced some time ago. Glad I kept hold of some.
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5th February 2018, 11:09 | #182 | |
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I have followed Crypto Sniper since June last year. He has been spot on for the July and September sell offs. I didnt trade based on his advise, but his analysis is very good. He was saying we should expect Bitcoin to trade in $7,000's USD back when it was around $11,000. So far all true and there has been a lot of "bed wetting" as he calls it. https://www.youtube.com/watch?v=WFsPpRevyag But sometimes you just have to look within: when you're feeling super optimistic about your investment it's a peak, when you're feeling super pessimistic it's probably the end of the capitulation. |
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5th February 2018, 18:10 | #183 | |
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I do think it can do the following though: - Predict the effect emotion has on investments in the short term. - Convince enough people that TA works, so it becomes self fulfilling as long as everyone agrees on the same rule set. Given recent studies have shown that major crypto swings are triggered by news primarily, any positions setup by even the most ideal TA will eventually fail spectacularly. I guess it just has to work 51% of the time or greater though Or people just get lucky and happen to avoid some of the big swings. Interested to hear any success people have been having in the long term though. Anecdotally I've seen all sorts of TA in BTC chat rooms. Some people def seem to get it spot on, but others not so much. I'm not sure if its because some people are better at it, or if its that 50% of people are right 50% of the time. |
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6th February 2018, 19:06 | #184 |
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Now I guess we are about to find out how Bitcoin / Ethereum performs during a stock market crash. Yikes. Long-term trend not confirmed yet, but it looks a bit scary.
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6th February 2018, 19:32 | #185 |
Architeuthis
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I managed to make a clean exit a few weeks before the crash, now watching for a sufficiently tasty re-entry point.
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6th February 2018, 21:09 | #186 |
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This has gone lower than I expected. Was thinking 7.8k would be the floor. Apparently not :P
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22nd February 2018, 09:10 | #187 |
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Tony Alexander: Not a fan of the block-chain, but he has some reasonable (and some slightly out there) reasons for it.
http://tonyalexander.co.nz/wp-conten...ruary-2018.pdf
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22nd February 2018, 12:47 | #188 | |
get to da choppa
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Everything he said about Bitcoin is right. Pretty much ALL of cryptocurrency development is going on other coins - fewer of which require PoW. The big one, Ethereum, does require PoW at the moment, but is moving towards PoS, which is a zero electricity cost game. The guy's an idiot with his head in the sand. Good riddance. |
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22nd February 2018, 13:13 | #189 |
HENCE WHY FOREVER ALONE
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Bitcoin uses more energy (worldwide) than Portugal:
Portugal uses 50 billion kWh. However, the USA (the primary opponent to alternative currency for obvious reasons) uses 3890 billion kWh. Not sure I see the problem here.
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Finger rolling rhythm, ride the horse one hand... |
7th March 2018, 19:08 | #191 |
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This is quite useful for an at-a-glance picture of the crypto landscape. You can see the significance of Tether's daily trade volume as pointed out by Ajax.
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Stay shook. No sook. |
24th April 2018, 16:41 | #192 |
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Looks like the dip is over. I wonder if it will follow a similar pattern as July last year.
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Stay shook. No sook. |
24th April 2018, 22:11 | #193 |
Architeuthis
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Crypto: a marketplace completely manipulated by bad actors, with a good deal of the profits going to undesirables such as organised crime syndicates and rogue states. Stay safe out there.
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24th April 2018, 22:25 | #194 |
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Yeah, I think that makes it a legitimate currency, lol.
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Stay shook. No sook. |
24th April 2018, 23:59 | #195 |
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haha, yep. Its use by criminals means it passes the test of fungibility.
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1st May 2018, 14:09 | #196 |
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The Zeitgeist Movement Podcast on blockchain
https://www.youtube.com/watch?v=YpMRGBCXARU Also, anyone watching Silicon Valley? Pied Piper is basically inventing Ethereum |
1st May 2018, 19:38 | #197 | |
Architeuthis
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1st May 2018, 20:05 | #198 |
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Is that what you imagine Ethereum to be?
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Stay shook. No sook. |
1st May 2018, 23:02 | #199 | |
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7th May 2018, 16:35 | #200 |
A mariachi ogre snorkel
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