Bitcoins - digital currency - Page 1161 - Business, Finances and Investing Forum

I think it's gunna hit resistance and hover in the mid 7's for the night. hope I'm wrong

It's honestly really exciting to watch gdax light up green these huge orders. more exciting than a winning slot spin

Last edited by tgiggity; 04-12-2018 at 08:27 PM.

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04-13-2018 , 07:15 AM

#29003

WichitaDM

Carpal \'Tunnel

Join Date: Oct 2004 Posts: 14,761

Seems like a pretty positive sign it is still over 8k. Many alts have had big last 24 hours as well. I won't be surprised to see 10k in the next week or two.

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04-13-2018 , 07:30 AM

#29004

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 40,026

So I guess I can read a chart sometimes. 50% of the time, it happens every time.

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04-13-2018 , 09:36 AM

#29005

DoctorZangief

banned

Join Date: Aug 2014 Posts: 2,559

Quote:

Originally Posted by rafiki

So I guess I can read a chart sometimes. 50% of the time, it happens every time.

Literally gonna counter fade every single one of your posts and print.

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04-13-2018 , 09:58 AM

#29006

WichitaDM

Carpal \'Tunnel

Join Date: Oct 2004 Posts: 14,761

The crazy thing about bitcoin is that it could easily hit new lows next week or pump to over 10k and then there is positive news media about the huge increase for the first time in months and bitcoin boom 9.0 could start. No one really knows. Lots and lots of people on the sidelines and short means any kind of upward momentum could have another huge breakout.

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04-13-2018 , 01:18 PM

#29007

deleted acct

Guest

Posts: n/a

Quote:

Originally Posted by DoctorZangief

Literally gonna counter fade every single one of your posts and print.

You would have shorted the spike from the last two days and been crying. He DID call it >_>

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04-13-2018 , 01:25 PM

#29008

shipit2kg

Pooh-Bah

Join Date: Oct 2008 Posts: 4,837

dem lower highs and lower lows lol

how some of you beat traditional markets is beyond me.

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04-13-2018 , 01:41 PM

#29009

ToothSayer

Carpal \'Tunnel

Join Date: Jul 2015 Posts: 13,237

Happy Friday the 13th to the HODLers!

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04-13-2018 , 02:32 PM

#29010

zplusz

banned

Join Date: Jan 2014 Posts: 656

Quote:

Originally Posted by NewOldGuy

Why would you even consider not telling the truth here??

Quote:

Originally Posted by sl8a

Coinbase are making me fill out an Enhanced Due Dilligence form or they will suspend my account. I use GDAX to sell the bitcoin I cash out from some poker sites (via Blockchain). Anyone know what the best answers are to what I use coinbase for and where I got the money from?

The thing here is this is like the police. They already have you. They just want the confession so it looks better on the record.

The reason they likely already know that you've sent them money from gambling sites is due to chain analysis. You're, unfortunately, not going to be able to use Coinbase/GDAX going forward, but to others who might not be so unlucky yet, please send to a private wallet that you control, if you can, before sending to Coinbase/GDAX and they will have "nothing on you," so to speak.

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04-13-2018 , 04:31 PM

#29011

Max Cut

Guest

Posts: n/a

It sounds like he did send to an intermediary wallet (blockchain.info).

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04-14-2018 , 12:49 AM

#29012

eddymitchel

Carpal \'Tunnel

Join Date: Oct 2007 Posts: 6,761

I would send to an other exchange and change currency before sending to gdax at this point to avoid that kind of problem

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04-15-2018 , 08:55 PM

#29013

MerginHosOn24s

adept

Join Date: Dec 2011 Posts: 1,083

Quote:

Originally Posted by zplusz

first of all, he seems to have used an intermediary wallet(blockchain).

second, how can BTC be touted as this super-anonymous digital currency and be used for all kinds of illegal black market stuff...IF upon running a simple chain analysis one can figure out where funds came from?

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04-15-2018 , 09:58 PM

#29014

TeflonDawg

Pooh-Bah

Join Date: Oct 2006 Posts: 5,929

Because a lot of people don't realize it's all traceable yet.

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04-16-2018 , 11:05 AM

#29015

eddymitchel

Carpal \'Tunnel

Join Date: Oct 2007 Posts: 6,761

I love those

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04-16-2018 , 05:34 PM

#29016

deleted acct

Guest

Posts: n/a

So you guys are saying blockchain.info is basically compromised in terms of GDAX knowing when you are sending gambling winnings from it? Should I just cash out directly to my hardware wallet and then send that to GDAX? Will that keep me safe from being banned?

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04-17-2018 , 04:53 AM

#29017

Carpal \'Tunnel

Join Date: Aug 2004 Posts: 47,024

Quote:

Originally Posted by 5 south

If you believe in bitcoin it's a great time to trade it. I'm shorting the s**t out of it and accumulating as much as I can out of it in hopes that there is a reversal at some point.

Hard to short a ponzi scheme where the only short methods are controlled by people that can paint the tape and wipe you out.

It's cool if you have play money, but following Bitmexrekt has basically replaced porn over the past while for me.

That people believe in this nonsense with all its obvious flaws is way more interesting to me.

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04-17-2018 , 08:08 AM

#29018

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 40,026

Couple of researchers set out to calculate the equilibrium valuation of Bitcoin. I can't vouch for the quality of the work, but some of you may enjoy:

https://www.scribd.com/document/3765...een&from_embed

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04-17-2018 , 10:44 AM

#29019

NMcNasty

Pooh-Bah

Join Date: Feb 2004 Posts: 3,990

Quote:

Originally Posted by rafiki

So, uh, what is it?

Quote

04-17-2018 , 11:51 AM

#29020

Mat Cauthon

adept

Join Date: Mar 2006 Posts: 1,147

Quote:

Originally Posted by NMcNasty

So, uh, what is it?

Driven by demand and approximated with hashes per second. They formalize some concepts and relations academically, that were intuitively known by experienced people in the field, given some simplifications and assumptions.

It's mostly a good building block for further academic research, not actionable conclusions on price, imo.

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04-18-2018 , 12:37 PM

#29021

JCA88

centurion

Join Date: Jan 2017 Posts: 135

noob question, are there any online wallets where you can buy BTC with credit cards? i just tried coinbase and it only accepts prepaid debit cards

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04-18-2018 , 05:44 PM

#29022

Go Get It

Carpal \'Tunnel

Join Date: Feb 2010 Posts: 12,506

I'm almost certain I can buy bitcoin with a credit card on coinbase FWIW. It's not a high limit mind you but pretty sure you can. I've been through all the verification steps they have fwiw.

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04-18-2018 , 05:55 PM

#29023

Adiprene1

veteran

Join Date: Jan 2010 Posts: 2,170

coinbase for sure you can do 1500 a week or something like that on credit card.

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04-18-2018 , 08:16 PM

#29024

NewOldGuy

Pooh-Bah

Join Date: Mar 2009 Posts: 5,935

Quote:

Originally Posted by Adiprene1

coinbase for sure you can do 1500 a week or something like that on credit card.

That's the minimum. It can be much higher.

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04-18-2018 , 09:04 PM

#29025

Go Get It

Carpal \'Tunnel

Join Date: Feb 2010 Posts: 12,506

Quote:

Originally Posted by Go Get It

I'm almost certain I can buy bitcoin with a credit card on coinbase FWIW. It's not a high limit mind you but pretty sure you can. I've been through all the verification steps they have fwiw.

Quote:

Originally Posted by Adiprene1

coinbase for sure you can do 1500 a week or something like that on credit card.

Quote:

Originally Posted by NewOldGuy

That's the minimum. It can be much higher.

Yeah just to cap this off for me, I doubled checked if I had a credit card on coinbase, I did, and what my credit limit on a credit card was on coinbase and it was actually way higher than I thought. Was thinking it was like $500 or something. But confirmed you can pull from a credit card, and obv bank/debit card.

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