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03-26-2018 , 11:43 AM
https://www.sciencealert.com/bitcoin...ld-pornography

someone please tell me this is totally made up bul****
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03-26-2018 , 11:51 AM
Quote:
Originally Posted by Adiprene1
https://www.sciencealert.com/bitcoin...ld-pornography

someone please tell me this is totally made up bul****
That problem is super minor.
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03-26-2018 , 11:56 AM
Quote:
Originally Posted by rafiki
So I've not really been following all that close. Lightning network deployed in some sort of beta stage? I've seen a bit about the speed and current transaction cost stats.

Price action still pretty filthy. Really wonder how it plays out if $7000's don't hold.
Lightning network is at such an early stage that it won't affect anything untill some really big actor start using it.
Right now usage is super limited.
Blockstream is releasing alot of api that seems cool. They were accumulating them to hype the beta statement.
Every bitcoin cash use cases should be covered fast tho.
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03-26-2018 , 12:19 PM
****ing segwit implementation is reason enough to not use bcash.
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03-26-2018 , 03:19 PM
I remember there was a site that allowed you to place bets related to BTC and the DOW Jones. Does anyone know if there is a *reputable* site accepting the bet that BTC > DOW Jones within a year? I am looking for action in this direction.
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03-26-2018 , 05:29 PM
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Originally Posted by PaulyJames200x
I'm American but outside the US at the moment. I have a coinbase account that i created a while back and sent in documents and got verified. However i had 2FA on it and no longer use that phone anymore. I sent an email to coinbase on this and mentioned how i get an error but they don't seem to respond back or when they do, they don't seem to be helpful.


Gemini i cannot get verified because they seem to require a US cell number. I have a us google voice number but according to them, that isn't allowed to get verified. So I cannot even get verified on gemini. Coinbase and gemini are the 2 sites that i read are the best ones to cash out real money to bank account.


Can someone tell me what are my other options besides coinbase/gdax and gemini if i want to convert my bitcoin into real cash to my bank account? These are the 2 easiest ways that i heard was use coinbase or gemini but i cannot get verified on gemini... and with coinbase, they cannot even reset my 2FA because of a verification error. I was told i would then upload my verification documents again but i cannot do this due to that verification error message. Does kraken or bitstamp allow this? Basically i want a way to cashout btc into real money to bank account whether its bank wire or ACH transfer etc. A while back i used circle to do it and i thought it was great but they no longer allow it anymore.


I contacted gemini again on this issue. I told them i have a google voice number as im traveling quite a bit and use it to call/text and i could receive sms messages with no issues.


They said you have to have a us sms number from a carrier in order to use them. I then asked them, could i just use a friends number to receive the text message or just buy a phone number to use temporary for this this as i know after this, i only have to submit my verification documents? They then tell me i can't use someone elses phone number due to safety issues. Fine. But they said you need an active number and if you were to cancel a number, you would not be able to log on. They said you need a working cell phone number to log in everytime. They said other people who mentioned they didn't require a gemini number to log in probably did this when Gemini did not require this etc. However i spoke to a few ppl that seem to created the account around when i did etc.


So can anyone gemini account users confirm you need your cell phone number to log in everytime? I'm close to positive this cannot be true as people mentioned you just need your login details and your 2FA whether its authy or google authenticator etc. Any gemini users can chime in here? And i would be curious from any recent gemini sign ups as well. I created the account months ago. Thanks.
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03-26-2018 , 09:55 PM
Could you imagine being his customer service agent.
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03-26-2018 , 10:17 PM
*giggle*
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03-27-2018 , 01:10 AM
Quote:
Originally Posted by azoo
I remember there was a site that allowed you to place bets related to BTC and the DOW Jones. Does anyone know if there is a *reputable* site accepting the bet that BTC > DOW Jones within a year? I am looking for action in this direction.
i believe 1broker has a product that can do this. I cant vouch for them though. dyor.
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03-27-2018 , 01:28 AM
Quote:
Originally Posted by rafiki
So I've not really been following all that close. Lightning network deployed in some sort of beta stage? I've seen a bit about the speed and current transaction cost stats.

Price action still pretty filthy. Really wonder how it plays out if $7000's don't hold.
bitcoin fundamentals have been the same since $100.


When there is a paradigm shift because of an external event, or if lightning becomes the preferred way of transacting, fundamentals will change.


re price: the chart says everything you need to know. Its becoming more likely that the log advance from 3k gets wiped out and we test it. But my $ is still on we range out from 6-10k for the foreseeable future (historically bitcoin has NOT liked to behave like this-- it loves to test horizontals, trendlines).
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03-27-2018 , 04:52 AM
To me it looks like good news is not getting priced in for quite a while now. To me, the developments around lightning + several (big) governments saying they'll accept crypto or are positive towards crypto are huge developments. As poker players we've seen the destruction of goverments banning stuff.

Also, every time a government is willing to accept crypto, it forces other governments to do the same, or they might be fall behind due to trade being easier/more fluent between governments who accept it.
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03-27-2018 , 07:03 AM
Crypto went too high too fast last year and we see a steep correction as a concequence.
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03-27-2018 , 07:14 AM
Incredible analysis
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03-27-2018 , 07:55 AM
Quote:
Originally Posted by CoolTimer
To me it looks like good news is not getting priced in for quite a while now. To me, the developments around lightning + several (big) governments saying they'll accept crypto or are positive towards crypto are huge developments. As poker players we've seen the destruction of goverments banning stuff.

Also, every time a government is willing to accept crypto, it forces other governments to do the same, or they might be fall behind due to trade being easier/more fluent between governments who accept it.
Really though? I think I could potentially argue the exact opposite if I really wanted to. It would start with "Every time a government is willing to accept cryto, it creates opportunities for other governments to ban it".
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03-27-2018 , 08:14 AM
Surely my argument is very long term and theoretical for now, so I agree that it's a bit far-fetched. But I fail to see how adoption from certain country's will create opportunity's to ban it for others.

Let's say France and Switzerland are pro-crypto, what does Austria stand to gain by banning it?
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03-27-2018 , 09:38 AM
It isn't so much long term as it is nonsensical.
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03-27-2018 , 09:45 AM
Oh hey look Raf is back to reset the conversation to 2015 again.

"I wonder if this arbitrary resistance point I'm pulling out of nowhere will hold. Guys it's, like, kinda weak lately. I think it may go lower, or like, not."
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03-27-2018 , 10:18 AM
Quote:
Originally Posted by CoolTimer
To me it looks like good news is not getting priced in for quite a while now.
Big news is priced in quickly (24 hours at most). If the news didn't move the price, then the market didn't think that news changed the value.
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03-27-2018 , 10:31 AM
Quote:
Originally Posted by NewOldGuy
Big news is priced in quickly (24 hours at most). If the news didn't move the price, then the market didn't think that news changed the value.
So you are saying the crypto market is near-efficient! Interesting, and I definitely disagree. I basically have a feeling the current depressed price's are mostly because of fear, and not much else.
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03-27-2018 , 12:21 PM
Quote:
Originally Posted by CoolTimer
Surely my argument is very long term and theoretical for now, so I agree that it's a bit far-fetched. But I fail to see how adoption from certain country's will create opportunity's to ban it for others.

Let's say France and Switzerland are pro-crypto, what does Austria stand to gain by banning it?
France is surprisingly pro crypto so far, if germany and france are pro crypto ofc it will have a huge impact in europe overall.
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03-27-2018 , 12:57 PM
Quote:
Originally Posted by CoolTimer
I basically have a feeling the current depressed price's are mostly because of fear, and not much else.
Based on what?
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03-27-2018 , 02:06 PM
Quote:
Originally Posted by CoolTimer
So you are saying the crypto market is near-efficient! Interesting, and I definitely disagree. I basically have a feeling the current depressed price's are mostly because of fear, and not much else.
No, it's a relatively inefficient market. That doesn't contradict my point.
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03-27-2018 , 02:59 PM
Quote:
Originally Posted by CoolTimer
So you are saying the crypto market is near-efficient! Interesting, and I definitely disagree. I basically have a feeling the current depressed price's are mostly because of fear, and not much else.
No he's saying they're super inefficient. 24 hours is an eternity for big news to be priced in.

I basically have a feeling the current inflated prices are mostly because of greed, and not much else.
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03-27-2018 , 07:06 PM
24/7/365 market with more notional $ traded value than many sp500 stocks. at the height of its price in the fall (10k+) it was doing more $ traded than $fb


its the most efficient market possible

Last edited by aggo; 03-27-2018 at 07:17 PM.
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03-27-2018 , 07:38 PM
Quote:
Originally Posted by aggo
24/7/365 market with more notional $ traded value than many sp500 stocks. at the height of its price in the fall (10k+) it was doing more $ traded than $fb


its the most efficient market possible
lol @ all of this
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