As you should understand by now, by checking how long it takes for me to enter and exit a trade (from the valuable info I posted which - properly analyzed - would greatly boost your skills also), I cannot offer such a service which wakes up all small traders at the instant I make a move  

Besides I don't understand this consultant thing, I haven't sold such services for years really, nor intend to. All the contribution here is free and buyer beware, as with everybody else's. I honestly believe that people should pay more attention to the opinions of successful people, and have taken some provocations as opportunities to show proof of the success. This is a second time (only) that I have posted a complete record of trades in the ballpark of BTC1k, and will remain so. Keep your apology if you want, and believe it will earn you better karma. I will not put you on ignore, because I like your posts, but I will kindly ask you to ignore me as you seemingly cannot take my facts as they are and develop a conversation based on them.

If anyone wonders why my post quality is so low in this thread, it is not because of my lack of willingness to contribute, it is because mainly the fools reply to my posts and the smart people do not pick the ball.

Totally - trading - establishing your own value systems that are not under authority control is everything when you're 12. Don't know/care if it will help bitcoin in the short term, but the kids will build a foundation under our dreams, because they're not stupid.

Risto is not ALWAYS right; but he's (as well as other tech analysts) a valuable asset of this forum. It's really a pity that he's back in anger on them after accusing him or vice versa, since both parties are in for a common cause: MAKING MONEY. I'd say this community here is well above average IQ-wise, for us to be such idiots not getting along politely among each other.

PEACE brothers, GET a piece (of BTC) and don't get pissed...

PS: don't forget to HODL!

Despite actually thinking DOGE is quite good fun (and I may have been a very early miner, making a good 1/3 of a bitcoin in a day on it), this is probably the best reply I have ever seen.
Cheers Goat for the lulz

lol, I sold 3 million at 9 satoshi each.....
I didn't expect it to explode like it did.

I feel like someone who bought Pizza with BTC in the early days. If I'd waited a week, I could have made 4btc more.

Still, it made me 0.27btc - not bad for a day or two's mining. No use crying over spilled dogemilk

the cert is just for *.twimg.com, though.

It seems I'm getting yet another one for that domain: Cybertrust Public SureServer SV CA



EDIT: akamai is an organizational unit of twitter now?

These content delivery servers are all over the world. Maybe there's a reason for a large network of those to have certificates from different authorities and your ip range got switched to a different one or something.

I must prepare myself for the fekken 1K party... girls are waiting:


My cousin will be there too:

Once a viable exchange comes online in the US, and governments are done cleaning up the illicit side of bitcoins (tumblers, localbitcoins unregistered users, drug/weapon trading sites, people who don't report taxes--they can find you now or later....its not worth it),  the price will skyrocket.

It's just a matter of time.   Campbx doesn't have a bank any longer at the moment, and CoinMKT is just getting started, Secondmarket is serving the affluent.......it's just a matter of time though before Bitcoin goes up after major illicit flows are slowed enough and regulated banks back the exchanges.   So I am a holder.   The monkeys like coindesk and kids who post here who trade on misleading media so they can make a dime shorting will fade.  The utility of cryptocurrency is just too high; the disruption has already started and can't be stopped.

All the fools who speak of bitcoin replacing centralized banking are simply, well, foolish.  It will never happen, but bitcoin has it's place as some fraction due to the utility in certain situations  (world wide standardized, fast+easy with simple addressses, no middle party, irreversible).   I bet we will see banks who have their own bitcoin layer "banks" on top of their banks as a way to keep that capital in-house, give their customers a way to get access to the good side of bitcoin transactions when they need it.  With traceable transactions supplied by having confirmed identities tied to addresses.  The only other option it seems banks have is to create their own cryptocurreny "coins" layer (eg is this what chase is doing?),  but that almost certainly seems doomed as it won't be a standard that works internationally and for everyone.

Personally I can't wait to see anonymous side of bitcoin get hacked away (tumblers, start to add social identities to wallets so people can trust each other and the governments are comfortable about taxes and what is being traded).  And its just a matter of time before these anonymous supporting people who are involved in bitcoin get weeded out; it's clear why they want anonymous and the gov is picking them off one by one as their hidden reasons for supporting it are exposed and they wind up in jail.   I won't be surprised too if we see some existing companies get strung up on charges around fraud for hedging customer assets and their own.  

My theory seems plausible now:

https://bitcointalk.org/index.php?topic=178336.msg5060684#msg5060684


" Btc-e is taking Huge risk , they are GAMBLING with Customers USD deposits by allowing 1:3 leverage. If those are indeed forced liquidations, btc-e suffered millions in loss."

I don't see it going down that much either, but I never thought it would get as low as it is, so maybe you'll get lucky. Fuck. China, Russia, Shrem, Gox, localbitcoin bust in FL, transaction malleability, flies, locusts, pestilence- this is one tough puppy.

in a free market, money represents energy, the ability to do useful work. When you factor in total costs per mile, including fuel, maintenance, purchase price, resale value- electrics and hybrids are more expensive than internal combustion cars. That means they consume more energy and are WORSE for the environment. When you factor in that electrics and hybrids are subsidized, the case for them is even weaker.

Sure, mining takes electricity, but a heluva lot less energy than it takes the government to maintain the guns and the thugs who force us to pay our taxes in government fiat. This is a benefit of crypto I never hear anyone talking about.

hahaha, kkapser's a blowhard ... he's not writing 1000 lines of anything except pure unadulterated FUD.

1) every communist regime known has had rampant monetary inflation

2) the most prosperous nation and period known in economic history is the free market capitalism under the deflationary gold standard period of the 1800's in USA.

Amen

Reposted. Everybody needs to read this.

PS. For those who insist in knowing my negative views, here is the link to that "parable": http://www.ic.unicamp.br/~stolfi/bitcoin/2014-02-17-HowToMakeSomeEasyMoney.html

Satoshi invested NOTHING? He only invested his/their lifetime to learning to code, learning about currency and cryptography. He invested his intelligence, reputation, time and money into creating software for the entire world to use freely. If he invested nothing into Bitcoin then you invested nothing in becoming a University Professor.

Once he created the software he mined <4000 coins (80 blocks @ 50BTC reward, basically testing the software) before releasing it to the world. Note this was several years before 10,000 coins would even buy a pizza. Satoshi risked the cost of his electricity to mine worthless "ledger coins."

"When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them." - Hal Finney, on block number
https://bitcointalk.org/index.php?topic=155054.0

I'm generously using 80 since Hal's "70-something" could be 79. Other sources claim blocks as early as 12 may have been mined by others: http://bitslog.wordpress.com/2013/04/24/satoshi-s-fortune-a-more-accurate-figure/

Original block reward was 50 coins:
http://en.wikipedia.org/wiki/History_of_Bitcoin

And of course Satoshi continued mining after that. It was his project afterall. In the beginning if he didn't use it, who would? The rewards came fast back then and he accumulated many before apparent stopping. It is believed his stash is unspent but who knows for sure, and why would it matter? He deserves every penny for his innovation.

It seems like the worry has shifted to Gox ultimately filing bankruptcy.   In that event, investors would be likely to sell all the can to get back into fiat, so that they may have a reasonable claim in court.  Since governments, and therefore the courts have not laid out specific guidelines on whether or not bitcoin is a currency, the likelihood of being able to recoup fiat from a bankruptcy is greater than the likelihood of being able to recoup btc.

lol noobs.
I am an professional cryptotrader and i just went all in. ejoy being left behind y'allz!

It is hard to be "constructive" in a field that is chock full of wishful thinking, sales hype, and outright fraud.

When I started looking into bitcoin, last December, at first I tried to be helpful.  If you were around, you may have seen the daily tabulations of exchange volumes, and various analyses, and some attempts at predicting the price.  But eventually I stopped because I realized that (a) the little data that exists is incomplete, censored, and impossible to interpret, and (b) no one here wants to know the truth, they only want to hear that bitcoin is wonderful and growing and everything is going well.  

For example, my tabulations of exchange volume were scoffed at because I insisted on including the volume of Huobi and OKCoin, that everybody claimed was "fake".  There was no evidence of that (and no one asked how much of bitstamp's volume was just arbitrage), but folks just didn't like the notion that China was in control of the price.  Even to this day, many bitcoiners talk and trade as if China does not exist (and are mystified when Western "great news" do not make a blip in the charts).  And then I learned that there were other large exchanges in China besides those two, not shown in any Western site; so my percentages were all wrong -- in the "wrong" direction.

Most bitcoin entrepreneurs (like Sielbert, Matonis, the Winkles, etc.) will never admit that China exists.  Can you imagine them saying: "By investing in our fund, you will tie the fate your lifetime savings to the collective mood of a few thousand amateur Chinese speculators.  But don't worry, even if you lose all you money, we the fund managers will get to keep about 5% of what you invested."

Now there's hope for bronies too.

http://worldnewsdailyreport.com/russian-scientists-discover-cure-to-homosexuality/

finally gave in and ignored some of the dumbest trolls, stolfi, lambchop etc.

No, but it's been just under two years since it last happened.

This was posted to /r/bitcoin too.  Does it have something to do with bitcoin?

This carnage in Bitcoin is like being invited to the Red Wedding in Game of Thrones and getting fucked without even eating or drinking any booze

i laugh to the face people who bought for +1000$

Where could we find the predictions you made ?

It's not lambie, trust me. He's not pretending to be stupid, he actually is and he actually can't speak English. His main purpose here and on at least one other forum is to ridicule his own nation, the Poles (that is why he chose the name of the Polish president who died tragically in 2010) - and because of that he gets on my nerves so much. I'm Polish and I believe there are few things worse than shitting in your own nest. I know I may be overreacting but I feel guilty - apparently he's here because of me as I have recently advertised this thread on a Polish site as a good source of bitcoin news and analyses. Sorry guys, I hope he vanishes quickly.

Well,  it only makes sense under one light, I cannot believe even disturbed mental patients would spend this much time and effort, all I know is that the forum should take control, filter newbie troll accounts etc. There is a market out there to replace this thread with one that is actually readable. Personally I am going to replace this thread with weekly attendance at btc meet-up, like to see one of these trolls turn up there and start behaving like twats to my face, they would receive my boot in their bollox tbh

It also comes with an RPG  , a castle in the woods , a pink super car , free prescriptions , stolen not stolen laptops with without coins , a few months free treatment in a 6 star hotel where there is plush even on the walls .. and many more

even got a quick sell 20btc @ 283 buy back @278.8 for fun on btc-e i never normally trade on the uptrend

I just don't understand how bitstamp, one of the worlds leading bitcoin exchanges, can have their wallets compromised to the tune of 19,000 bitcoins. Does this smell like an inside job or a royal screw up?

I don't have an account at Bitsamp so someone who knows more about it can correct me, but as I understand it, there isn't direct short-selling there. You have to borrow coins from other account holders and sell them, then presumably buy back on the exchange to cover your short.

If this is the case, then what if someone compromised Stamp a long time ago to not only sell non-existent coins but also to lend them out at interest? That could explain low swap costs (real coin lenders have to compete with fake coin lenders driving swap costs down). More importantly it could explain the prolonged bear market.

With naked short-selling, an unethical billionaire or group of rich people could drive the BTC price down for a prolonged period of time in order to acquire equity in the Bitcoin ecosytem at a steep discount. I'm pretty sure the FBI would consider this criminal behavior if it turns out they auctioned off their confiscated coins for a fraction of their true worth.

This is speculation, but it seems like an extremely convenient time for Stamp to get hacked just as they had an unusually large amount of coins in their hot wallet. That is further circumstantial evidence of a previously compromised security system.  

Or it could be an inside job. I don't know the operators, but when I think of Slovenians, the term "rock-solid highly ethical financial management" does not come to mind.

Next time he gets an attitude with you, just hit him with this one:

sorry i broke the uptrend

tried selling some of my margin buy at 255.5  0.01 btc was bought and it bounced off 

time to never pass 255.5 and head for double digits 

Didn't even see the new poll.

With an option of idk, how could you chose anything else?

Wait, the long lasting bull run started in Feb so the answer is no.

As it is confusing me I didn't vote.  We need a new poll!

The poll is quite positive, but Bitcoin seems to always go against the odds  

Correct. I am from Norway, thats why I used a period to mark multiples of thousands.


Still, nobody is commenting on my pie charts. I had to convert 200+ currencies manually to make them. But people only care about comma vs. period!
I'm loosing my mind, HA HA HA!!!  <--- (Crazy norwegian laughing in a creepy way.)

The pie charts are here: https://imgur.com/KA8CuED

Correct. I am from Norway, thats why I used a period to mark multiples of thousands.


Still, nobody is commenting on my pie charts. I had to convert 200+ currencies manually to make them. But people only care about comma vs. period!
I'm loosing my mind, HA HA HA!!!  <--- (Crazy norwegian laughing in a creepy way.)

The pie charts are here: https://imgur.com/KA8CuED

QUESTion:

I am based in East Africa, kenya and i've been trying to sign up to a proper exchange - European preferably - I like Kraken.

Curios, what is the best approach to sign up with Kraken and successfully get past ALL AML/KYC/Identity stuff?

Ideally, i would like options to wire transfer - full functions.

Is this possible?  

Any one here from a ''developing country'' non- US/UK/Western European country who has had success signing up to overseas exchanges?

Help Please?  

We're being troll'd. Surprise

Wait what is 57K USD again ?

No! you all got it wrong.

He was saying 57K USD for all the bitcoins in the world in 2017. Unless heīs a retard...

Obviously, you're the tard 

Why is Stamp 3$ lower than the rest of the exchanges ?

stamp is currently trading at a constant lower price for a few weeks now , i would assume because people still do not trust that it is solvent / being ethically run and not about to gox them and disappear after the 19,000 btc "hack" plus they've never made an internal audit public ... thus people do not have as much willingness to trust their fiat or btc on it / much has already been withdrawn to other exchanges / loss of customers leading to lower volume and sellers and buyers thus trading at a comparative discount vs the other more trusted higher volume exchanges ... also if their books are fucked / the exchange is underwater they may as a result not be buying coins off their own exchange at this point in an effort to return to solvency or a desire to minimize their btc exposure , while other exchanges which are solvent may well be internally buying , which of course would cause higher prices on those solvent exchanges ... my trust is with coinbase at this point ... what with major investor backing and insurance and u.s. regulation (at least in half of the states here) it seems the safest bet to me ... if but with fewer bells and whistles ... don't know what the deal with kraken being lower is ... and if you're willing to wire money to whereverthefuckistan btc-e is pretty much always much lower than everywhere else ...

I'd have to agree. Why in the world would someone send money to an Anonymous exchange?  Sure they have been taking money and giving it back but that could stop in an instant.  Now you have no clue where your money may be.  

Times are changing and there are better options.

btc-e has indeed been run properly for years now as far as i can tell , heck i've traded there myself and never had a problem either , but as compared to exchanges in china (government doesn't fuck around) and exchanges in the u.s. (government doesn't fuck around) it would presumably be a lot easier for the btc-e exchange which is run out of croatia if i remember correctly (a not long ago war torn country) to simply disappear eventually whenever they get to X millions goal to run off with ... my rationale for trusting coinbase is that (presumably) the folks who invested 75M into it know who they gave their money to / have a few extra M to hire bounty hunters / assassins / would be able to call upon the u.s. law and financial enforcement agencies should they attempt to pull any funny business (same goes for the major chinese exchanges , as far as difficulty evading chinese law and financial agencies)

a decentralized exchange could by definition have no central bank account where one would be able to send fiat $ to and thus could not hold any balance of fiat currency as i understand it ... i would imagine it would somehow have to involve users attaching their individual bank accounts to the decentralized exchange ledger and sending money directly from one person's bank account to the other person's bank account in exchange for btc on the ledger of the exchange , while the btc sent to the decentralized exchange could be run off of a side chain connected to the btc blockchain ? ... at least as far as i understand the idea in any case it seems like it would be awfully clumsy and slower vs a centralized exchange ... more like a p2p marketplace capable of running a balance sheet ...

When does Lampchops next shift start? Mon 8am?

I dont think bullish, He seems to be paid to work M-F.

Friday 5pm he clocks out

is it not possible that cunt has finally had one of his socks banned??

When one sleeps, they all sleep. Be careful, though: lambchop is like Candyman. Call his name too many times, and he shows up.

March will be > $1000.

There are only a measly 30k-40k coins right now on the open market worth only $10 million at the current price. There are so many scenarios where entirely more than $10 million enters the market overnight. What happens to all the poor fools who wake up in the morning with their sell orders filled at $275 or even $500 and the current price at $1500?

no need to rush, we will get there... greece problem already show that bitcoin could be useful and even they seriously considering crypto atm.

on the other hand, everybody in the world who has some money to spare thinks that 1 BTC is not worth 255$.  The latter think that the changes of it being worth more than 1300$ anytime in the next few years are much less than 20%.

...and now back to your regularly scheduled program of lambchop (and his many many alts), nothatinjustrollin, yourmother, and the rest of the daily trolls.

No, the people that are just not interested enough to care about Bitcoin at this point.

morning gents!  i must ask the age old question...

is crypto done??  

I ignored him because that is all he ever says. Usually after heavy selling.

Masterluc's thread is the best TA thread. This is just for trololol fun.

He's pimping Monerooo now

People come here for TA all the time.

By TA, you mean Trolling Anonymously, right?

TA with bitcoin is mostly for the degenerate gamblers anyway, to make them feel like they're actually "investing" not gambling.
I haven't seen one person who posts their TA analysis precisely enough for it to be practical.

The bitcoin market is just too concentrated in the hands of few, and TA doesn't apply to markets where a small group of people have too much control.

I think that Monero would do better, if he would publicly distance himself from it.
Everything starts looking like a shady scam if you find out that he is involved. To me, he represents most of the things that are wrong with bitcoin. He's like the personification of greed, dishonesty and corruption.

I think that Monero would do better, if he would publicly distance himself from it.
Everything starts looking like a shady scam if you find out that he is involved. To me, he represents most of the things that are wrong with bitcoin. He's like the personification of greed, dishonesty and corruption.

Dishonesty is an odd thing.  Is a guy who sells a starving family scratch tickets shares in a goldmine dishonest?
What if he tells the starving family that said goldmine's a sure way to make a million while sitting on their collective broke ass?

What if he, at the very same time, is selling them *his own* shares?

He should do Monero a favor and stop being a very vocal proponent then
Most of his endeavors end in a way, where other people involved will somehow lose their money and he will mysteriously be a little richer after that. And there's always others to blame for things to go down like that. Sometimes there are even bigger conspiracies against him, that make him look like a stereotypical con-man.

This is enough for me to stay away from Monero, even if the technical side is actually good. It's not just about the technical properties of the crypto, but also about the people who have proclaimed to have a big stake in the market. With some people, everything they touch just tends to turn to sh*t. It's usually practical to trust history and not make your bets on an assumption, that maybe this time things will be different.

I recommend you to read about his "Lost bitcoins & the sauna" stories in the past and then decide yourself if things add up.

Yes it does.  And telling them that if they see their "investment" tank, it's only because of Bankster cabal suppressing the price to secretly increase their holdings  The Jews with Thermite, or, as his victims put it, "holding our hand through difficult times."

TL;DR:  Yes, but stop top-posting pl0x.

So, it makes sense that an experienced bitcoin user holds his coins on an unsecured laptop that he takes with him in his travels?

You've missed "What if he, at the very same time, is selling them *his own* shares" bit.

When confronted with the fact that his strategy has backfired, his vanity got the better of him & he admitted to selling BTC [while telling his faithful to hodl].

I didn't con the mentally feeble into stocking up on this wholesome goodness even as I was dumping it right into their buys.
There's a slight difference

You are looking to gain more by short-term trading, profiting from short-term variations of the price.  That is not a rational strategy, since the expected gain of that activity is slightly negative.  Some traders may make a profit, but some will lose money, and the average gain of all traders (compared to the long-term expected gain) will be negative.

If your expectation of the price increase over the next few years is more than the expected increase in value of other possible investments, then the best strategy is basically invest all your disposable money as soon as you can, and hold until you want to spend your profit.

Otherwise, the best strategy is not to invest at all.

Short-term speculation makes sense only if you believe that there is some key attribute -- knowledge, skill, luck, courage, determination, intelligence, reaction speed -- that increases one's expected profit at day trading, and that you have more of that thing than the average speculative trader out there.

Indeed, it seems that the only reason why day-trading exists is that most people think that they are better than average in that regard.  Which is not likely, since the traders that are dumber than you will go broke and drop out before you do, while the super-traders with robots and privileged information, who are surely better at the game than you, will hang around to the end and will probably take your money before you can take theirs. (You may have noticed the absence lately of several posters who apparently enjoyed eating dog food in order to pay for Risto's cigars and for KnC's global warming plants.)

If you accept that you are no better that the average day-trader, and you have a positive expectation for the price in the long run, short-term trading will give less expected profit than just buy and hold -- because you will not profit from the end-to-end trend during those times when you are holding dollars. For example, if you expect a 20% valuation over 3 years, but you keep 50% dollars and 50% BTC, on the average, over that time frame, then your expected profit will be only 10%. 

A similar conclusion holds if you have a negative expectation for the price in the long term: day-trading is a bad idea, because  you are expected to lose money while you are holding BTC.  If you expect the price to drop 20% over the next 3 years, then, by day-trading with a 50% BTC average position, you will have a 10% expected loss.  Whereas, if you don't invest at all, your loss will be 0%.

Samsung Galaxy S6 was released today along with Samsung Pay

http://www.cnet.com/news/samsung-pay-takes-on-apple-pay-as-mobile-payments-war-heats-up/


"Samsung believes it has an advantage with its system because its system, which it obtained through the purchase of LoopPay last month, allows the Galaxy S6 and Galaxy S6 Edge to work with many more merchants and stores. Samsung Pay will use a near-field communication, or NFC, chip to talk with compatible registers. But it also uses a LoopPay technology called Magnetic Secure Transmission that works by holding the phone near a traditional card swipe reader, essentially making it backward compatible for nearly all payment terminals..

Samsung said it has the potential of being accepted at 30 million merchant locations around the world."


OOOOPS!
Go, bitcoin! lol

About tree fiddy.

fo fiddy?

Can you imagine what the price does when the mystical COIN etf is announced? lol

I just came to post the same thing.

I've logged to Bitcoin Wisdom and Preev to check this and it was around $315 but not $285 or $300 even !!

What is wrong CB ?

Edit : This is not ChartBuddy, the user "betterangels" is either joking or trolling, and whatever the reason is, I don't see it funny (no offense).

OMG Here in Toronto we're having a heat wave. Humidex is 42C (107F) at the moment. Opening the front door feels like opening an oven door (okay more like a bakery door).

http://www.citynews.ca/2016/08/12/toronto-in-for-30th-day-of-over-30-c-weather/

Couldn't we meet halfway? That snow looks inviting.  

we had that heat wave here in MTL too, but today is very nice and cool.

tomorrow will be much cooler for you Jimbo. lol