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Topic: Bitcoin
Posted By: Sneck
Subject: Bitcoin
Date Posted: 15 Sep 2017 at 6:00pm
How long is this dump going to continue before we see a rebound, what's the low point?

There's going to be resistance at 3,300 / 3,000 / 2,500.



Replies:
Posted By: Passing Through
Date Posted: 16 Sep 2017 at 9:07am
It isn't too late to cash them in for OxBucks Wink

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Posted By: Sneck
Date Posted: 16 Sep 2017 at 11:44am
Touched below 3,000 now back up to over 3,600.

The alt currency that I'm highest on is monero.


Posted By: Passing Through
Date Posted: 16 Sep 2017 at 11:47am

Bitcoin value plummets after China orders trading in currency to cease

http://www.theguardian.com/technology/2017/sep/15/bitcoin-value-plummets-after-china-orders-trading-in-currency-to-cease" rel="nofollow - http://www.theguardian.com/technology/2017/sep/15/bitcoin-value-plummets-after-china-orders-trading-in-currency-to-cease


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Posted By: Whale
Date Posted: 16 Sep 2017 at 11:59am
I am holding on to my bitcoin, I bought 100,000 at 8 cents years ago so not risking much money


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Victor Orban 1.74 m, Michael Bloomberg 1.73 m, Emmanual Macron 1.77 m, George Soros 1.8 m


Posted By: Sneck
Date Posted: 16 Sep 2017 at 12:26pm
That what this thread was discussing Passing Though, however there was a pump after bitcoin breached 3,000 on the way down and it's now at 3,700.

So the question is how sustained is this rally going to be and what is the bottom. 


Posted By: Gay3
Date Posted: 16 Sep 2017 at 12:43pm
https://www.facebook.com/lennie.maund?hc_ref=ARTihWNURctV1_YWJuT365cWYlUxH7GShb8L8fRjaUrGA5Hfk76cUg8TiiDx-K0YgjY&fref=nf" rel="nofollow - Lennie Maund
https://www.facebook.com/lennie.maund/posts/10155052399251483" rel="nofollow - - · https://www.facebook.com/pages/Brisbane-Queensland-Australia/102146663160831" rel="nofollow - Brisbane, QLD ·

Please note: I'm not selling anything or getting any form of payment for sharing this other than the satisfaction of making a positive difference to your lives.....
To all my friends and family,
The current financial system is broken and is about to crash into oblivion.
The worlds best computer programmers and web developers from around the world have congregated through cryptocurrencies and are creating a new system on "Blockchain Technology" that's far superior than our current system. WWW version 3.
I've been studying this for years and now is the time to be involved.
Recently Japan made cryptocurrencies legal tender and the rest of the world is following.
The first transaction of buying something from within our current fiat money system with cryptos has been recently successfully accomplished.
I suggest that you research this for yourselves as a matter of priority. Why i say priority is because savings and in particular superannuation are in jeopardy of being washed away with the old system.
In my opinion the biggest and best company to invest in that will bring cryptos to the masses is called "Tenx" market symbol "PAY".
Life is full of choices.... making the right one on this occasion could be life changing.
If you've ever wanted to experience how early investors into Apple or Microsoft, the ones that made generational wealth for themselves felt....here's your chance for pennies in the dollar only this time it will be X10.
This is the 4th revolution.
Have a nice day.
Lennie


https://www.facebook.com/callum.gillman?fref=ufi" rel="nofollow - Callum Gillman lol interesting response from the 'friends' Len.... having a masters in international finance and business I'd just quietly like to 100% confirm what Lennie's saying is bang on the money....
It's an uncorruptible solution for money... very sorely needed




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Wisdom has been chasing me but I've always outrun it!


Posted By: Gay3
Date Posted: 16 Sep 2017 at 12:45pm
"https://finance.yahoo.com/quote/JPM?p=JPM"" rel="nofollow - JPM ) strategist Marko Kolanovic has some strong words for the cryptocurrency markets that are dominating the conversation right now, using the two words no one in the investing world ever wants to see: pyramid scheme." data-reactid="11">JPMorgan ( https://finance.yahoo.com/quote/JPM?p=JPM" rel="nofollow - JPM ) strategist Marko Kolanovic has some strong words for the cryptocurrency markets that are dominating the conversation right now, using the two words no one in the investing world ever wants to see: pyramid scheme.

“Cryptocurrencies cannot be reliably valued and they have significant ‘tail risk’ that could come in the form of a regulatory ban,” said Kolanovic in a note published Wednesday. “Moreover, the whole cryptocurrency market exhibits some parallels to fraudulent pyramid schemes.”

Most simply, a pyramid scheme is one in which members of a sales network are incentivized financially to grow the network instead of making sales. Pyramid schemes are illegal.

"http://www.businessinsider.com/bill-ackmans-herbalife-presentation-2012-12"" rel="nofollow - famously made a three-hour presentation arguing that multi-level marketing firm Herbalife ( "https://finance.yahoo.com/quote/HLF?p=HLF"" rel="nofollow - HLF ) was a pyramid scheme and would go to $0; shares of Herbalife were trading near $70 on Wednesday." data-reactid="34">Pyramid schemes are often associated with door-to-door sales networks. In 2012, Bill Ackman http://www.businessinsider.com/bill-ackmans-herbalife-presentation-2012-12" rel="nofollow - famously made a three-hour presentation arguing that multi-level marketing firm Herbalife ( https://finance.yahoo.com/quote/HLF?p=HLF" rel="nofollow - HLF ) was a pyramid scheme and would go to $0; shares of Herbalife were trading near $70 on Wednesday.

In essence, Kolanovic is saying that the scarcity of bitcoin some evangelists cite as bolstering the cryptocurrency’s value actually illuminates the pyramid-like nature of the scheme. Because if it is unprofitable to mine new bitcoin, then it follows that new or prospective bitcoin buyers might ask whether they are really getting something of value in buying existing bitcoin or simply enriching the early owners who own a disproportionate amount of the asset.

Additionally, the proliferation of cryptocurrencies we’ve seen of late — Kolanovic estimates the market is now about $150 billion in size — indicates that players in the space may merely be extracting value from new members (read: crypto investors) and not actually creating cryptocurrencies which are worth anything.

Kolanovic writes that, in the case of bitcoin, “it is believed that an unknown person (or persons) known as ‘Satoshi Nakamoto’, before disappearing, mined the first 1-2 million coins, or ~10% of the coins that will ever exist ($4-8 billion current value). While initial mining requires a negligible effort, the benefits for subsequent participants start diminishing. Mining becomes progressively more difficult, and eventually unprofitable, marking the likely end of a scheme.”

Like a pyramid scheme, then, the values accrue up the chain while the losses flow down. Kolanovic says a possible workaround would be to just create a new coin, adding that, “This can work as long as there are enough willing and uninformed buyers.”

“Worse than tulip bulbs”

"https://finance.yahoo.com/news/jamie-dimon-bitcoin-fraud-thats-180222751.html"" rel="nofollow - said the bitcoin craze we’ve seen this year is “worse than tulip bulbs,” a reference to the "https://en.wikipedia.org/wiki/Tulip_mania"" rel="nofollow -  tulip mania  of the 1600s. Dimon "https://ftalphaville.ft.com/2017/09/12/2193624/money-creator-is-getting-really-annoyed-by-wannabe-competitor/"" rel="nofollow - added that , “if [JPMorgan] had a trader who traded bitcoin I’d fire them in a second. For two reasons: It’s against our rules, and they’re stupid. Both are dangerous.”" data-reactid="40">On Tuesday, Kolanovic’s boss Jamie Dimon — CEO of the Wall Street bank — https://finance.yahoo.com/news/jamie-dimon-bitcoin-fraud-thats-180222751.html" rel="nofollow - said the bitcoin craze we’ve seen this year is “worse than tulip bulbs,” a reference to the https://en.wikipedia.org/wiki/Tulip_mania" rel="nofollow -  tulip mania  of the 1600s. Dimon https://ftalphaville.ft.com/2017/09/12/2193624/money-creator-is-getting-really-annoyed-by-wannabe-competitor/" rel="nofollow - added that , “if [JPMorgan] had a trader who traded bitcoin I’d fire them in a second. For two reasons: It’s against our rules, and they’re stupid. Both are dangerous.”

"https://www.reddit.com/r/Bitcoin/comments/6zoqvb/jamie_dimon_says_bitcoin_is_a_fraud/"" rel="nofollow - Critics of Dimon’s comments will note that Dimon both “doesn’t get” bitcoin and that, if bitcoin and related technologies are going to undermine the primacy of the modern banking system, he would of course dismiss it." data-reactid="41"> https://www.reddit.com/r/Bitcoin/comments/6zoqvb/jamie_dimon_says_bitcoin_is_a_fraud/" rel="nofollow - Critics of Dimon’s comments will note that Dimon both “doesn’t get” bitcoin and that, if bitcoin and related technologies are going to undermine the primacy of the modern banking system, he would of course dismiss it.

"https://finance.yahoo.com/news/betting-bitcoin-wall-streets-crowded-trade-right-now-122715710.html"" rel="nofollow - Bank of America Merrill Lynch’s latest fund manager survey indicated  that going long bitcoin is seen as the market’s most crowded trade right now." data-reactid="42">Elsewhere on Tuesday,  https://finance.yahoo.com/news/betting-bitcoin-wall-streets-crowded-trade-right-now-122715710.html" rel="nofollow - Bank of America Merrill Lynch’s latest fund manager survey indicated  that going long bitcoin is seen as the market’s most crowded trade right now.

"https://twitter.com/patrick_oshag/status/907726190865240064"" rel="nofollow - also said Tuesday that after a presentation on value investing delivered to a room of investment industry pros, the first question was about bitcoin." data-reactid="43">Investment manager Patrick O’Shaughnessy https://twitter.com/patrick_oshag/status/907726190865240064" rel="nofollow - also said Tuesday that after a presentation on value investing delivered to a room of investment industry pros, the first question was about bitcoin.





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Wisdom has been chasing me but I've always outrun it!


Posted By: Sneck
Date Posted: 16 Sep 2017 at 12:48pm
Dimon also made that call at 400 so he's a fool.

I don't believe him either, J P Morgan has invested in it's own blockchain technology so that speaks for itself. 


Posted By: Sneck
Date Posted: 16 Sep 2017 at 1:34pm
J P Morgan were big purchases of bitcoin.

Dimon should be investigated.


Posted By: max manewer
Date Posted: 16 Sep 2017 at 1:38pm
Seems as though bitcoin depends on its ability to facilitate anonymous transactions of illegal commodities etc, for its value.


Posted By: Sneck
Date Posted: 16 Sep 2017 at 1:45pm
Originally posted by max manewer max manewer wrote:

Seems as though bitcoin depends on its ability to facilitate anonymous transactions of illegal commodities etc, for its value.
Bitcoin is much bigger than that and is actually not truly anonymous.

Monero is preferable for such purposes, that's why I'm high on it. 


Posted By: max manewer
Date Posted: 16 Sep 2017 at 2:02pm
Give us your precis of the situation, Sneck, and why it is a sound store of wealth, if indeed it is.


Posted By: Sneck
Date Posted: 16 Sep 2017 at 2:13pm
Originally posted by max manewer max manewer wrote:

Give us your precis of the situation, Sneck, and why it is a sound store of wealth, if indeed it is.
Because it's not inflationary like fiat and the sky is the limit, you want to hold some as a hedge at the least, you could look at it as an alternative to gold.

Here's a real basic guide to crypto

https://mycrypto.guide/" rel="nofollow - https://mycrypto.guide/




Posted By: max manewer
Date Posted: 16 Sep 2017 at 2:21pm
What stops imitators duplicating it exactly ?


Posted By: Passing Through
Date Posted: 16 Sep 2017 at 2:25pm
They have a complex system of recoeding of transactions in a multitude of places that has gotten around the possibility of fraud. A fixed number of 'coins' is also released 




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Posted By: Passing Through
Date Posted: 16 Sep 2017 at 2:28pm
There is a pretty good explanation of how the system works and it's history on this podcast


http://www.abc.net.au/radionational/programs/rearvision/bitcoin/8797916" rel="nofollow - http://www.abc.net.au/radionational/programs/rearvision/bitcoin/8797916


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Posted By: Sneck
Date Posted: 16 Sep 2017 at 2:29pm
Originally posted by max manewer max manewer wrote:

What stops imitators duplicating it exactly ?
Not sure what you're asking exactly.

What stops an alternative crypto from taking over from bitcoin at some point? Market share and branding, but sure it's possible.

Or security?

Why are they important?

The importance of something is derived from how valuable it is. Sometimes this manifests purely from a shared belief such as in the case of gold, but most of the time it’s because something is useful. I’m sure you’ve heard Bitcoin being compared to “Digital Gold” and while the analogy serves as an entry point it is far far more useful than gold.

While many cryptos try and differentiate themselves to address specific problems, most of them share a common set of inherent values: securitytransparency (or lack thereof), immutabilityglobal accessibilityspeed and price. This is a shared characteristic of almost all cryptos with some caveats.

  • Security: Centrally controlled assets such as FIAT currencies, bonds, securities and title deeds are all vulnerable to tampering. Either a central bank can change the money supply, a corrupt or incompetent government can change or lose records or records of ownership can be damaged by water and fire, even if they’re stored in digital form. Cryptos are, by their nature, decentralised. Records don’t exist in one location but in hundreds or thousands of servers around the world. In the case of Bitcoin, the network can only be compromised if 51% of the computing power of the servers is directing a malicious coordinated attack. This becomes an economically impossible task given the already huge amount of computing power distributed around the world and the limited amount of damage one can do. The individuals taking part in the system have economic incentives not to tamper with the network (Note that whilst it’s almost impossible to hack the network, the same cannot be said for  https://mycrypto.guide/#storing" rel="nofollow - individual security …)
  • Transparency: Almost every crypto is open source, ie. Its source code is available for everyone to see. For those who understand the programming the inner workings are completely transparent. It is possible then to trust the system without needing to trust any one person as code only obeys logic. Furthermore, with the use of “explorers” it is possible for anyone to see every transaction that has ever been executed since the crypto’s creation. Some cryptos differentiate themselves by doing the opposite and making it impossible (or so they claim) for anybody to trace your transactions.
  • Immutability: Given the previous two points, it is not only nigh on impossible to change the transaction history, but fully verifiable, allowing for complete confidence that said transactions have taken place without the need to place faith in a third party. These records can never be changed bar a complete collapse of the ecosystem.
  • Global accessibility: Geography is irrelevant when it comes to sending and receiving cryptos. As long as you have access to the internet the cost and speed of transaction is the same for somebody with an optic fiber connection in London as it is for someone with a mobile connection in Ethiopia.
  • Speed and price Bank transfers typically take 3-5 business days and offer poor exchange rates between currencies. Cryptos solve this with transaction times ranging from instantaneous to 1 hour depending on the crypto being used. Furthermore there is no need to change currency so the amount sent will be the amount received minus a (usually) small or zero transaction fee.


Posted By: max manewer
Date Posted: 16 Sep 2017 at 2:43pm
With heavy-hitter govts like China and India against these currencies, I'd suggest it is conceivable that in the future users may have to quit crypto-currencies of find themselves at the Crossbar Motel.


Posted By: max manewer
Date Posted: 16 Sep 2017 at 3:11pm
That is the weakness, as I see it. Gubmints and their powers, and in democracies, with the approval of populations that can be persuaded they are being farked around by crypto-currencies. Of course those invested in the idea, won't hear of that, but greed driven schemes have that effect on people. Think pyramid schemes. They were legal once.


Posted By: Sneck
Date Posted: 16 Sep 2017 at 3:50pm
Originally posted by max manewer max manewer wrote:

That is the weakness, as I see it. Gubmints and their powers, and in democracies, with the approval of populations that can be persuaded they are being farked around by crypto-currencies. Of course those invested in the idea, won't hear of that, but greed driven schemes have that effect on people. Think pyramid schemes. They were legal once.
No, I agree with your concerns, they're legitimate.

But cypto is going nowhere, the question is if they'll be a viable alternative to fiat or a niche market mostly online.


Posted By: Passing Through
Date Posted: 16 Sep 2017 at 3:54pm
The Indian and Russian govts are both exploring using crypto currencies as an alternative. I am sure everyone on the wrong side of sanctions and trade restrictions would be as well, also the obvious people within the system trying to avoid transactional scrutiny. Great scope for them especially if they end up interchangeable 

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Posted By: max manewer
Date Posted: 16 Sep 2017 at 3:57pm
The ability to really "clean up" with some incipient technology or idea, never extends beyond the few that get in on the ground floor. As a billionaire Brit once observed, "if you can see a band wagon, it is already too late". Everyone that misses the early rush, misses the jackpot.


Posted By: Tlazolteotl
Date Posted: 19 Sep 2017 at 3:46pm
The purpose of Bitcoin is to evade or bypass government control so I am not surprised the price has rebounded quickly.


Posted By: Whale
Date Posted: 27 Nov 2017 at 11:53pm
1 Bitcoin equals
12808.30 Australian Dollar


Posted By: ThreeBears
Date Posted: 28 Nov 2017 at 10:17am
Who gets the blame when this Ponzi/money laundering scheme goes off a cliff?


Posted By: Whale
Date Posted: 28 Nov 2017 at 10:23am
I don't think it will go over the cliff, there is a limited amount of bitcoins , 21 million,   17 million are in circulation now.

Despite all the warnings of a ponzi scheme i think cryptocurrency is the way of the future, even financial institutions are looking to be involved

I hate it for a number of reasons, I missed the boat, don't understand it, and am wondering if traditional currencies will collapse


Posted By: ThreeBears
Date Posted: 28 Nov 2017 at 10:58am
I'm more of a Newton kind of guy and this has gone UP too far for my liking. Its association with money laundering must be the greatest concern for traditional financial bodies. The US regulators must be looking at who they can "pinch" a la HSBC etc.


Posted By: Passing Through
Date Posted: 28 Nov 2017 at 11:25am
The problem isn't that Bitcoin is restricted to 21 million units, it is that there are at least 1037 different listed cryptocurrencies Bit like the alphabet soup of boxing Which one(or 100) ends up being the one you want to be left holding

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Posted By: Dr E
Date Posted: 28 Nov 2017 at 12:25pm
"I hate it for a number of reasons ..., don't understand it"


Posted By: Whale
Date Posted: 29 Nov 2017 at 9:05pm
http://www.afr.com/markets/bitcoin-hits-10000-but-are-whales-ready-to-give-the-market-a-haircut-20171128-gzut4c" rel="nofollow - http://www.afr.com/markets/bitcoin-hits-10000-but-are-whales-ready-to-give-the-market-a-haircut-20171128-gzut4c


Posted By: Passing Through
Date Posted: 30 Nov 2017 at 8:37am
http://www.coindesk.com/bitcoin-price-falls-1000-minutes-erase-24-hour-gains/" rel="nofollow - http://www.coindesk.com/bitcoin-price-falls-1000-minutes-erase-24-hour-gains/
https://www.coindesk.com/author/pete-rizzo/" rel="nofollow - Pete Rizzo   mailto:pete@coindesk.com" rel="nofollow -  Nov 29, 2017 at 20:00 UTC
NEWS

The price of bitcoin fell more than $1,000 in the span of about 10 minutes on the CoinDesk Bitcoin Price Index (BPI) today, just hours after the cryptocurrency set an all-time high above $11,000.

Beginning about 19:20 UTC, sell orders began piling up on exchanges in what was perhaps one of the market's most impressive successions of red candles in some time. After showing signs of stability at roughly $10,545 at 18:30 UTC, the price hit a low of $9,290 at 19:30.

However, some exchanges were more affected than others.

According to social media, the price decline coincides with reports that GDAX, the exchange offering of VC-backed cryptocurrency startup Coinbase, had seen a  https://twitter.com/GDAX/status/935957238073630725" rel="nofollow - service outage . Data from GDAX indicates the exchange hit a  https://tradeblock.com/markets/base/xbt-usd/1h/" rel="nofollow - low of $8,593 .

Social media reports also suggest that  https://twitter.com/btcWhaleclub/status/935957924844834821" rel="nofollow - Bitstamp  and Gemini have faced outages today, at a time that coincides with increasing mainstream interest in cryptocurrencies.

The more than 11 percent decline marked the lowest total observed on the BPI since Nov. 26 when the price of bitcoin hit a low of $8,757.



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Posted By: Whale
Date Posted: 30 Nov 2017 at 8:46am
if you had bought it at 8 cents you would not be too upset


Posted By: Passing Through
Date Posted: 30 Nov 2017 at 8:47am
As long as you didn't lose your digital receipt, as many have claimed to have done. 

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Posted By: Whale
Date Posted: 30 Nov 2017 at 8:50am
haha yes that guy who threw away his computer, is still trawling through rubbish dumps looking for it Ouch


Posted By: Passing Through
Date Posted: 30 Nov 2017 at 8:53am
ABC(where most quality content lives) Rear Vision had a very informative story on Bitcoin a few months ago, how it works and a history of it. About 25 min, simply explained but very informative


http://www.abc.net.au/radionational/programs/rearvision/bitcoin/8797916" rel="nofollow - http://www.abc.net.au/radionational/programs/rearvision/bitcoin/8797916


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Posted By: Rosscoe
Date Posted: 01 Dec 2017 at 11:41pm
I have just taken the plunge into the unknown strictly by using technical & fundamental analysis with cryptos! Will update this thread from time to time.

As this is a brand new experience for me and certainly something I’m still trying to get my head around, I’m investing on a small scale to begin.

So what have I done?I Invested in Litecoin!

Without going into specifics & detail, I like what this crypto has to offer!

Am I sceptic? Yes sort of however I do think with changes to the digital format & the ever increasing technology of the world this space is worth a shot!

I bought Litecoin at AUD $115 so just a little profit at present!

Where will it go? ,,,, to early to tell! Could it collapse just like the dot-com Boom? Maybe, maybe not! Very speculative at present but worth a throw at the stumps in a small way ...

Anyway I don’t have my life savings on this revolutionary currency!

Anyone else taken a plunge or dabble?

My investing always employs being ahead of the herd,,, I may be a little late with this however the growth at present could well be the start of what’s to come .......

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Current Stable - Soul Star & Adivinar + Lady Vega


Posted By: ExceedAndExcel
Date Posted: 02 Dec 2017 at 2:38am
What exchange did you use to buy at Roscoe? Any referral program at all?


Posted By: Rosscoe
Date Posted: 02 Dec 2017 at 6:57am
Originally posted by ExceedAndExcel ExceedAndExcel wrote:

What exchange did you use to buy at Roscoe? Any referral program at all?


E&E, I opted to use BTC Markets .... fees seemed to be cheaper for transactions. I also looked at Coinspot. I wanted an exchange that dealt in AUD for currency conversion.

Also the process with BTC Markets was relatively simple, Coinspot not so!

BTC Markets use only the major players of Cryptocurrency.

Interestingly the price of Litecoin is now over &131 AUD at time of writing however the fluctuations are quite extreme.

There are stacks of exchanges so you need to shop around.

Fees for BTC Markets below:-

https://www.btcmarkets.net/fees" rel="nofollow - https://www.btcmarkets.net/fees

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Current Stable - Soul Star & Adivinar + Lady Vega


Posted By: Whale
Date Posted: 02 Dec 2017 at 12:13pm
Can you buy anything with LTC, you can with BTC, or is it simply a vehicle for speculation.  There are 80 million LTC compared to 21 million BTC so intrinsically less valuable.

I have a feeling people create cryptocurrencies, keep a million for themselves and sit back hoping to make a fortune if they take off




Posted By: Passing Through
Date Posted: 02 Dec 2017 at 12:17pm
As per that podcast, the security feature with Bitcoin involves large network of people around the world holding the receipts, so they can't be lost by a single or several hacking incidents. As part of the deal these people receive free Bitcoins

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Posted By: max manewer
Date Posted: 02 Dec 2017 at 12:20pm
Is it "immune" from govt intervention ? Let's suppose the govt deems it harmful to the national interest, where is the bitcoin holder then ?


Posted By: Passing Through
Date Posted: 02 Dec 2017 at 12:24pm
It isn't, but Joseph Stiglitz was calling for it to be made illegal this week

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Posted By: Whale
Date Posted: 02 Dec 2017 at 12:28pm
will not be made illegal, the big players are invested now and government doesn't dare to upset them


Posted By: Passing Through
Date Posted: 02 Dec 2017 at 12:29pm
No it wont

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Posted By: Passing Through
Date Posted: 02 Dec 2017 at 12:32pm
At around $500 billion market value for all major ones, it is still pretty small change. 

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Posted By: max manewer
Date Posted: 02 Dec 2017 at 12:32pm
Nothing can be guaranteed.


Posted By: max manewer
Date Posted: 02 Dec 2017 at 12:38pm
The "new" Gold, some say. I think the US govt banned private holding of gold during the Depression. It had to be surrendered in exchange for dollars. Under pain of prosecution, if you were caught.


Posted By: Whale
Date Posted: 02 Dec 2017 at 4:42pm
The guy who threw away his computer and lost millions would have had encryption stored in Documents I assume. Can't you store it in email or Cloud to make sure this does not happen ?

I have no idea how it works


Posted By: max manewer
Date Posted: 02 Dec 2017 at 5:16pm
Originally posted by Passing Through Passing Through wrote:

At around $500 billion market value for all major ones, it is still pretty small change. 

In global terms, yes. The US debt will go up by more when the "trickle-down" tax cuts get through.


Posted By: Whale
Date Posted: 02 Dec 2017 at 11:10pm

Is Bitcoin's biggest exchange Bitfinex unreliable?

http://www.afr.com/markets/warning-is-bitcoins-biggest-exchange-unreliable-20171130-gzvvwy" rel="nofollow - http://www.afr.com/markets/warning-is-bitcoins-biggest-exchange-unreliable-20171130-gzvvwy



Posted By: Rosscoe
Date Posted: 03 Dec 2017 at 12:21am
The Litecoin concept:-

https://www.lifewire.com/what-is-litecoin-4151693" rel="nofollow - https://www.lifewire.com/what-is-litecoin-4151693

Using the the same strategies as for Stock Selection using Technical Analysis:-

https://steemit.com/cryptocurrency/@crypto-ta/how-to-use-technical-analysis-to-profit-from-trading-cryptocurrency" rel="nofollow - https://steemit.com/cryptocurrency/@crypto-ta/how-to-use-technical-analysis-to-profit-from-trading-cryptocurrency

I’ll be using the same principles for stop-losses which is going to be a trial & error experiment!

I believe I have purchased the stock nicely at a dip, timing is crucial in this space.

Early, early days and plenty to learn ......






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Current Stable - Soul Star & Adivinar + Lady Vega


Posted By: Whale
Date Posted: 04 Dec 2017 at 11:02am
http://www.thebull.com.au/premium/a/71042-meet-the-worlds-most-powerful-bitcoin-backers.html" rel="nofollow - http://www.thebull.com.au/premium/a/71042-meet-the-world's-most-powerful-bitcoin-backers.html

-------------
Victor Orban 1.74 m, Michael Bloomberg 1.73 m, Emmanual Macron 1.77 m, George Soros 1.8 m


Posted By: Tlazolteotl
Date Posted: 04 Dec 2017 at 11:32am
I sold my Bitcoin for $2400 this morning which I bought for $200 in January. Am I happy? I was seriously thinking of buying 10k or 20k worth.Ouch C'est la vie.LOL

Had a Bitcoin freakout this morning too. I thought they were gone for a stressful half hour workout with my bitcoin wallet.


Posted By: ThreeBears
Date Posted: 04 Dec 2017 at 1:50pm
$2400?? I have today's value at 14,805. Why so little?


Posted By: Whale
Date Posted: 04 Dec 2017 at 2:07pm
he probably bought a % of a coin


-------------
Victor Orban 1.74 m, Michael Bloomberg 1.73 m, Emmanual Macron 1.77 m, George Soros 1.8 m


Posted By: Tlazolteotl
Date Posted: 04 Dec 2017 at 2:37pm
Originally posted by ThreeBears ThreeBears wrote:

$2400?? I have today's value at 14,805. Why so little?


I only had 0.16 bitcoin.


Posted By: max manewer
Date Posted: 04 Dec 2017 at 2:47pm
It is difficult to avoid the impression of a speculative bubble with this, it is not as if it is a new "product", people have had plenty of time to assess it's intrinsic worth. What has changed that would suddenly change assessments of that ?


Posted By: Tlazolteotl
Date Posted: 04 Dec 2017 at 3:23pm
I read a story a minute ago about an early Bitcoin miner who had accumulated 7500 of them, all on a hard drive, which he mistakenly threw away and never found. That's about US$110 million.


Posted By: Tlazolteotl
Date Posted: 04 Dec 2017 at 3:30pm
Originally posted by Tlazolteotl Tlazolteotl wrote:

I read a story a minute ago about an early Bitcoin miner who had accumulated 7500 of them, all on a hard drive, which he mistakenly threw away and never found. That's about US$110 million.


Sounds extremely odd to me that he wouldn't have a backup, either a recovery passphrase or a QR code. But I suppose when they were only worth a few cents they were lax.


Posted By: Whale
Date Posted: 04 Dec 2017 at 3:48pm
Originally posted by Tlazolteotl Tlazolteotl wrote:

Originally posted by Tlazolteotl Tlazolteotl wrote:

I read a story a minute ago about an early Bitcoin miner who had accumulated 7500 of them, all on a hard drive, which he mistakenly threw away and never found. That's about US$110 million.


Sounds extremely odd to me that he wouldn't have a backup, either a recovery passphrase or a QR code. But I suppose when they were only worth a few cents they were lax.


I believe he is still trawling through rubbish dumps LOL

can you store code on email or cloud ?

Bitcoin is the hottest of commodities until you actually try to spend it

http://www.afr.com/opinion/bitcoin-is-the-hottest-of-commodities-until-you-actually-try-to-spend-it-20171203-gzy0l8" rel="nofollow - http://www.afr.com/opinion/bitcoin-is-the-hottest-of-commodities-until-you-actually-try-to-spend-it-20171203-gzy0l8




-------------
Victor Orban 1.74 m, Michael Bloomberg 1.73 m, Emmanual Macron 1.77 m, George Soros 1.8 m


Posted By: Tlazolteotl
Date Posted: 05 Dec 2017 at 9:50am
I'm getting in on the new Venezualan cryptocurrency on the ground floor.Thumbs Up


Posted By: Whale
Date Posted: 05 Dec 2017 at 10:19am
Originally posted by Tlazolteotl Tlazolteotl wrote:

Originally posted by ThreeBears ThreeBears wrote:

$2400?? I have today's value at 14,805. Why so little?


I only had 0.16 bitcoin.


you like to live on the edge, .16 bitcoin LOL


Posted By: Whale
Date Posted: 05 Dec 2017 at 10:20am

John McAfee Bullish on Bitcoin Price Reaching $1 Million by 2020


http://https://www.cryptocoinsnews.com/john-mcafees-1-million-bitcoin-price-bet-leaves-even-the-most-ardent-bitcoin-opponents-praying-that-hes-right/" rel="nofollow - http://https://www.cryptocoinsnews.com/john-mcafees-1-million-bitcoin-price-bet-leaves-even-the-most-ardent-bitcoin-opponents-praying-that-hes-right/



Posted By: Whale
Date Posted: 05 Dec 2017 at 10:22am
and this, make up your own mind :

Nobel Laureate Economist Predicts a Bitcoin Crash “Won’t Go to Zero, It Will Just Come Down


http://https://www.cryptocoinsnews.com/nobel-laureate-economist-predicts-bitcoin-crash-wont-go-to-zero-it-will-just-come-down/" rel="nofollow - https://www.cryptocoinsnews.com/nobel-laureate-economist-predicts-bitcoin-crash-wont-go-to-zero-it-will-just-come-down/



Posted By: Tlazolteotl
Date Posted: 05 Dec 2017 at 10:33am
Originally posted by Whale Whale wrote:

Originally posted by Tlazolteotl Tlazolteotl wrote:

Originally posted by ThreeBears ThreeBears wrote:

$2400?? I have today's value at 14,805. Why so little?


I only had 0.16 bitcoin.


you like to live on the edge, .16 bitcoin LOL


As I explained, after I decided not to buy an investment amount of Bitcoin, a bad decision as it turned out, I only bought $200 worth so I could get experience with all the technicalities involved with buying, selling and using bitcoin- wallets, tumblers, PGP etc. So that in the future, if I I ever need to buy a cryptocurrency and make an anonymous purchase on the darknet, I can.


Posted By: Dr E
Date Posted: 05 Dec 2017 at 9:42pm
Originally posted by Tlazolteotl Tlazolteotl wrote:

I'm getting in on the new Venezualan cryptocurrency on the ground floor.Thumbs Up

I liked it.


Posted By: Rosscoe
Date Posted: 05 Dec 2017 at 10:00pm
Originally posted by Rosscoe Rosscoe wrote:

I have just taken the plunge into the unknown strictly by using technical & fundamental analysis with cryptos! Will update this thread from time to time.

As this is a brand new experience for me and certainly something I’m still trying to get my head around, I’m investing on a small scale to begin.

So what have I done?I Invested in Litecoin!

Without going into specifics & detail, I like what this crypto has to offer!

Am I sceptic? Yes sort of however I do think with changes to the digital format & the ever increasing technology of the world this space is worth a shot!

I bought Litecoin at AUD $115 so just a little profit at present!

Where will it go? ,,,, to early to tell! Could it collapse just like the dot-com Boom? Maybe, maybe not! Very speculative at present but worth a throw at the stumps in a small way ...

Anyway I don’t have my life savings on this revolutionary currency!

Anyone else taken a plunge or dabble?

My investing always employs being ahead of the herd,,, I may be a little late with this however the growth at present could well be the start of what’s to come .......



Litecoin now $145 AUD, more investing has taken place by me with this crypto since the introduction. Treading wearily but a great positive start since focussing on the technicals. I only wish I had jumped earlier but don’t we all!
Happy to at least to have banked positive gains & exposure to this sector ... whilst others are still procrastinating. I am now waiting patiently for the next pull-back.

-------------
Current Stable - Soul Star & Adivinar + Lady Vega


Posted By: Tlazolteotl
Date Posted: 06 Dec 2017 at 8:04am
What do you use for a wallet, Rosscoe?

I use a hardware wallet, a Ledger Wallet  HW.!. It was the cheapest hardware wallet I could find. No longer being made. It's only for Bitcoin.

https://www.ledgerwallet.com/products/ledger-hw-1" rel="nofollow - https://www.ledgerwallet.com/products/ledger-hw-1

Their Ledger Nano S is fancier and more expensive and supports Bitcoin, Litecoin, Ethereum and altcoins. It's the one I would use if I started again.

https://www.ledgerwallet.com/products/ledger-nano-s" rel="nofollow - https://www.ledgerwallet.com/products/ledger-nano-s




Posted By: Whale
Date Posted: 06 Dec 2017 at 8:17am
Please explain, why do you need a wallet ? Can't you just buy them via somewhere like BTC Markets ?


Posted By: Tlazolteotl
Date Posted: 06 Dec 2017 at 8:28am
Originally posted by Whale Whale wrote:

Please explain, why do you need a wallet ? Can't you just buy them via somewhere like BTC Markets ?


You buy them at an exchange like BTC and you can keep them at BTC but then you are relying on BTC security. That's probably safe but there have been major hackings of exchanges.


Posted By: Whale
Date Posted: 06 Dec 2017 at 8:33am
I see so you treat them as a physical item like gold and therefore need storage ?  Can't you simply store the code on email or Cloud or is that too insecure?


Posted By: Tlazolteotl
Date Posted: 06 Dec 2017 at 8:43am
Originally posted by Whale Whale wrote:

I see so you treat them as a physical item like gold and therefore need storage ?  Can't you simply store the code on email or Cloud or is that too insecure?


Not possible. You need a bitcoin wallet to send and receive bitcoin.

https://www.coinstreet.limited/i-store-bitcoin/" rel="nofollow - https://www.coinstreet.limited/i-store-bitcoin/


Posted By: Whale
Date Posted: 06 Dec 2017 at 8:48am
thanks


Posted By: Passing Through
Date Posted: 06 Dec 2017 at 10:00am
They send them out randomly as junk mail to people If you haven't received one yet, you likely will

-------------


Posted By: Passing Through
Date Posted: 06 Dec 2017 at 10:00am
From an economist



-------------


Posted By: Tlazolteotl
Date Posted: 06 Dec 2017 at 10:07am
Originally posted by Passing Through Passing Through wrote:

From an economist



It must be hard even for drug dealers on the darknet setting a price with the large fluctuations.Tongue


Posted By: Tlazolteotl
Date Posted: 06 Dec 2017 at 4:45pm
Originally posted by Whale Whale wrote:

thanks


This is a good article on wallets.

https://www.buybitcoinworldwide.com/wallets/" rel="nofollow - https://www.buybitcoinworldwide.com/wallets/


Posted By: Tlazolteotl
Date Posted: 06 Dec 2017 at 5:31pm
Originally posted by Tlazolteotl Tlazolteotl wrote:

Originally posted by Whale Whale wrote:

thanks


This is a good article on wallets.

https://www.buybitcoinworldwide.com/wallets/" rel="nofollow - https://www.buybitcoinworldwide.com/wallets/


I would use GreenAddress if I didn't want to pay for a hardware wallet.

https://greenaddress.it/en/


Posted By: Dr E
Date Posted: 07 Dec 2017 at 12:55am
Originally posted by Tlazolteotl Tlazolteotl wrote:

Originally posted by Whale Whale wrote:

Please explain, why do you need a wallet ? Can't you just buy them via somewhere like BTC Markets ?


You buy them at an exchange like BTC and you can keep them at BTC but then you are relying on BTC security. That's probably safe but there have been major hackings of exchanges.

Been having a read of some of the suggested info, and I was already confused, but this makes no sense ... aren't cryptos generated by miners who build blockchains that are essentially masses of impenetrable secure transactional records ?

So why don't the exchanges just operate within the blockchain environment ... cheaper and safer they reckon ... no?

Should I just take a pin to the Magic Million Sale catalogue instead?Confused


Posted By: Dr E
Date Posted: 08 Dec 2017 at 12:53am
... someone?

Bitcoin: $64m in cryptocurrency stolen in 'sophisticated' hack, exchange says

Mining marketplace NiceHash suspends operations while it co-operates with authorities over ‘professional attack’, urging users to change passwords

https://www.theguardian.com/technology/2017/dec/07/bitcoin-64m-cryptocurrency-stolen-hack-attack-marketplace-nicehash-passwords" rel="nofollow - https://www.theguardian.com/technology/2017/dec/07/bitcoin-64m-cryptocurrency-stolen-hack-attack-marketplace-nicehash-passwords


Posted By: Passing Through
Date Posted: 08 Dec 2017 at 12:35pm
$19,000 Shocked

-------------


Posted By: Dr E
Date Posted: 08 Dec 2017 at 1:29pm
Time to move in ... 

The ASX has announced that it will replace CHESS, software used for the clearing and settlement of equity transactions in Australia, with a distributed ledger (blockchain) solution.


Posted By: Dr E
Date Posted: 08 Dec 2017 at 2:41pm
$22,000 ... your money PT?

... might look at the other options ... should get a variety I suppose ... Rosscoe, Tlaz, when you guys are finished counting your "ill gotten gains", any thoughts on other currencies you would recommend alongside Litecoin ... Cheers!


Posted By: max manewer
Date Posted: 08 Dec 2017 at 3:14pm
What to make of it ! Nice if you got in early, but then you are agonizing what to do. A good dilemma though.


Posted By: Rosscoe
Date Posted: 08 Dec 2017 at 3:25pm
Tiaz, sorry missed your earlier post about which wallet? ....

My money is held on the BTC Markets exchange, I’ve checked security and am happy enough not to worry about a wallet. Particularly with the cold & hot wallet system they use. Also the two-factor code.

Dr E, I’d be sticking with the Big Players,, “Bitcoin, Litecoin, Ethereum, Ripple.”

Out of those after my own research Litecoin is my favoured pick after Bitcoin. Ethereum comes in 3rd, Ripple last.

I know plenty of people speculating on the small caps,,, not for me!

https://www.finder.com.au/litecoin" rel="nofollow - https://www.finder.com.au/litecoin


-------------
Current Stable - Soul Star & Adivinar + Lady Vega


Posted By: Dr E
Date Posted: 08 Dec 2017 at 3:42pm
Come on Rosscoe, surely you have one speculative option to throw in the pot ... you know I love a Roughie!!!Wink

Might wait till next year to buy that share in a yearling ... might be able to buy a stable full by then!!!LOL

Thanks and good luck!Thumbs Up


Posted By: Dr E
Date Posted: 08 Dec 2017 at 3:43pm
Just quickly Rosscoe, no concern about the hack I posted about above?

https://www.theguardian.com/technology/2017/dec/07/bitcoin-64m-cryptocurrency-stolen-hack-attack-marketplace-nicehash-passwords" rel="nofollow - https://www.theguardian.com/technology/2017/dec/07/bitcoin-64m-cryptocurrency-stolen-hack-attack-marketplace-nicehash-passwords


Posted By: Rosscoe
Date Posted: 08 Dec 2017 at 3:52pm
Dr E, the speccie is “Stellar Lumens” however I’m not a holder yet,,,, just watching quietly.

Saw that hack & attack.I think some of the exchanges are second rate, BTC Markets appears to be fundamentally very sound. I’m a small player, dipping my toes in. If I decide to become more serious I’ll talked the necessary precautions.

-------------
Current Stable - Soul Star & Adivinar + Lady Vega


Posted By: Rosscoe
Date Posted: 08 Dec 2017 at 3:55pm
take the necessary precautions above

-------------
Current Stable - Soul Star & Adivinar + Lady Vega


Posted By: Rosscoe
Date Posted: 08 Dec 2017 at 4:09pm
https://www.coingecko.com/en/price_charts/lumens/usd" rel="nofollow - https://www.coingecko.com/en/price_charts/lumens/usd

Check out the max chart, not the daily chart ....

-------------
Current Stable - Soul Star & Adivinar + Lady Vega


Posted By: Tlazolteotl
Date Posted: 08 Dec 2017 at 8:24pm
Originally posted by Dr E Dr E wrote:

$22,000 ... your money PT?

... might look at the other options ... should get a variety I suppose ... Rosscoe, Tlaz, when you guys are finished counting your "ill gotten gains", any thoughts on other currencies you would recommend alongside Litecoin ... Cheers!


As far as I can see the only real point of cryptocurrencies is anonymity and Monero does that better than all of them- certainly better than Bitcoin. I'd never heard of it until 5 minutes ago when I checked so I could answer your question. I note that it went up 2760% last year- should have checked earlier.Big smile

Checking again- it's gone up another zillion % this year. US50c at the beginning of 2016- US$280 now.Shocked

But they are all far too irrationally exuberant at this stage of the cycle for my blood. Are any of them worth anything?


Posted By: Dr E
Date Posted: 09 Dec 2017 at 1:42am
Cheers guys! ... we certainly live in interesting times!Big smile

I have no doubt that some of the platforms will have great uptake, and value, and some will go the way of My Space ... just like buying a yearling!Wink


Posted By: Rosscoe
Date Posted: 09 Dec 2017 at 7:56am
Litecoin currently $190.00 AUD, up around 22% in the last 12 hours or so.

I don’t know why the sudden rush to buy this Crypto to push the price up to this level however I am not complaining!

Why??? (from another source) .....


“Some are saying that money is moving from BTC. Others are saying it's just undervalued (which I happen to agree with, but my opinion is not that valuable at this stage) and yet another theory is that Litecoin is apparently doing some campaigning/adverstising... and at a good time to do it.”



-------------
Current Stable - Soul Star & Adivinar + Lady Vega


Posted By: Passing Through
Date Posted: 09 Dec 2017 at 8:12am

ASX to use blockchain to handle share transactions

Published: December 7 2017 - 10:54AM

Australia's main stock exchange has announced one of the finance industry's biggest bets yet on blockchain.

ASX Ltd will start using blockchain - the ledger software that makes bitcoin and other cryptocurrencies possible - to process equity transactions, according to a statement on Thursday.

Digital Asset Holdings, the start-up run by former JPMorgan Chase & Co banker Blythe Masters, will supply the technology.

"We're the first exchange to consider taking this step," said Peter Hiom, ASX deputy chief executive said on a media conference call.

Blockchain is massively hyped and banks have conducted myriad tests of the ledger technology, with few live deployments. Proponents tout it as a more efficient and less expensive way to track trades.

Embrace technology

"It surprises me that ASX is doing it ahead of other big exchanges," said Nader Naeimi, Sydney-based head of dynamic markets at AMP Capital Investors.

"When the technology becomes available, you have to embrace it."

No date for the shift has been announced for replacing ASX's Clearing House Electronic Subregister System, known as Chess, however it should be operational for market feedback at the end of March. The timing of its final implementation would depend on consultation with stakeholders, the ASX said.

Blockchain is a shared, verifiable and permanent record of data that is maintained by a network of computers.

The new technology would let customers lower costs and introduce new services from the real-time post-trade data, Mr Hiom said.

The system would be designed without access barriers to non-affiliated market operators and clearing and settlement facilities. It would also give ASX customers choice over how they used its post-trade services.

"The Chess system's been around since the '90s," said Gareth James, an analyst at Morningstar. "Imagine if you're using any software on your PC from the '90s?"

Marginal cost

Chess was scheduled to be upgraded even before the exchange had considered blockchain, ASX chief executive Dominic Stevens said.

ASX therefore viewed the switch as a "marginal cost" that would be part of the company's capital expenditure program, he said.

"The costs in rolling out this system I don't think are too dissimilar to us having rolled out a traditional system," Mr Stevens said on the call.

The exchange also invested more in Digital Asset, bringing the total raised by the start-up from investors including JPMorgan and CME Group to more than $US115 million ($152 million), according to a statement from the firm.

ASX bought a minority stake in Digital Asset through a $14.9 million investment in January last year, to design a new post-trade solution for the Australian equity market.

"After so much hype surrounding distributed ledger technology, today's announcement delivers the first meaningful proof that the technology can live up to its potential," Ms Masters, Digital Asset's chief executive, said in a statement.

ASX shares rose as much as 1.5 per cent in early trading, and were 1.4 per cent higher at $57.76 as at 12.27 p.m. in Sydney, the highest since January 2008.

Bloomberg and Reuters

This story was found at:  http://www.smh.com.au/business/banking-and-finance/update-1-australias-asx-selects-blockchain-to-cut-costs-20171206-p4yxhe.html" rel="nofollow - http://www.smh.com.au/business/banking-and-finance/update-1-australias-asx-selects-blockchain-to-cut-costs-20171206-p4yxhe.html



-------------


Posted By: Passing Through
Date Posted: 09 Dec 2017 at 8:15am
Originally posted by Dr E Dr E wrote:

... someone?

Bitcoin: $64m in cryptocurrency stolen in 'sophisticated' hack, exchange says

Mining marketplace NiceHash suspends operations while it co-operates with authorities over ‘professional attack’, urging users to change passwords

https://www.theguardian.com/technology/2017/dec/07/bitcoin-64m-cryptocurrency-stolen-hack-attack-marketplace-nicehash-passwords" rel="nofollow - https://www.theguardian.com/technology/2017/dec/07/bitcoin-64m-cryptocurrency-stolen-hack-attack-marketplace-nicehash-passwords

Not suggesting it is this case but North Korea has been trying to hack and steal Bitcoin and other cryptos for some time Some believe they have been successful. 


-------------


Posted By: SHOVHOG
Date Posted: 09 Dec 2017 at 9:59pm
3 words..... New World Order. American dollars aren’t worth the paper their printed on. Follow where the Rothschilds & George Soros put they’re money. Creating market chaos and smashing the American dollar is the name of the game.

-------------
" In gambling the many must lose in order for the few to win"


Posted By: Tlazolteotl
Date Posted: 10 Dec 2017 at 11:05am
Originally posted by SHOVHOG SHOVHOG wrote:

3 words..... New World Order. American dollars aren’t worth the paper their printed on. Follow where the Rothschilds & George Soros put they’re money. Creating market chaos and smashing the American dollar is the name of the game.


Hasn’t the internet democratized information? Someone can promote their views widely without getting buy-in from editors or other gatekeepers? That’s what Trump has done with Twitter.

One really important thing that’s happened is that reputations don’t seem to matter as much at this point in history. Maybe it will come back. You have news media that have developed their reputation for honesty and integrity. And something that’s gone viral is a conspiracy theory that the news media, the mainstream media, are in a conspiracy, and it’s embellished in crazy ways like the Rothschilds or George Soros, or somebody, are in a conspiracy to destroy America and have bought the media and are controlling them. Those are the extreme, crazy forms of the narrative.

Robert Shiller

https://qz.com/1067557/robert-shiller-wrote-the-book-on-bubbles-he-says-the-best-example-right-now-is-bitcoin/" rel="nofollow - https://qz.com/1067557/robert-shiller-wrote-the-book-on-bubbles-he-says-the-best-example-right-now-is-bitcoin/


WASHINGTON – In a recent interview to FOX News billionaire philanthropist and investor claimed that the Bitcoin bubble was about to bust soon. When asked why he thought that was most likely, he said one word “money laundering”. His assertion was that regulators were about to end the restraint they’ve had with Cryptocurrencies. Bitcoin can be transferred anywhere in the world within 10 minutes and its value was expected to go unto $100,000.

https://channel24news.com/2017/07/george-soros-bitcoin-crash-imminent/" rel="nofollow - https://channel24news.com/2017/07/george-soros-bitcoin-crash-imminent/





Posted By: Dr E
Date Posted: 11 Dec 2017 at 12:17pm
Bloody frustrating game this one!!! ... just waiting for my Bpay deposit to process, so I can get some Litecoin in the wallet, is costing me every minute!Cry

Doing very nicely Rosscoe, > $210 now!Thumbs Up

You would think there was a better faster, more secure and transparent means of transferring currency, wouldn't you ... Ermm 
 
So BTC Markets only trade in the majors Rosscoe? ... who would you use for a punt on Stellar Lumens?


Posted By: Tlazolteotl
Date Posted: 11 Dec 2017 at 12:43pm
Originally posted by Dr E Dr E wrote:

Bloody frustrating game this one!!! ... just waiting for my Bpay deposit to process, so I can get some Litecoin in the wallet, is costing me every minute!Cry

Doing very nicely Rosscoe, > $210 now!Thumbs Up

You would think there was a better faster, more secure and transparent means of transferring currency, wouldn't you ... Ermm 
 
So BTC Markets only trade in the majors Rosscoe? ... who would you use for a punt on Stellar Lumens?


Coinspot if you want to pay way overs for it. Kraken for the best price but then you have the problem of funding it with US$ and verifying id.





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