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06-30-2018 , 01:58 AM
^ this, although more likely wednesday
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06-30-2018 , 03:03 AM
BCH at 0.11 BTC now. I'm tempted to buy it just to ride its probable spike to 0.15 then sell back to bitcoin. I know **** about trading though so I probably won't.

Surprised to see the crypto market in the green. LTC is now at the same price as when I bought it. Wish I had sold when Charlie Lee sold his. I'm a bit obsessive about Long term capital gains though. At this point though it may end up being a capital loss when the time comes.

It is almost my Bitcoinaversery. The first time I bought a significant amount of Bitcoin on coinbase was last year around this time. At that time I will reevaluate my decision on whether to hold or sell. I did use Bitcoin in 2015, but that was a small amount for a sportsbook transfer and I didn't even really know what it was so I don't really count that. Seems like I've been into bitcoin forever, but it has only been a year.
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06-30-2018 , 03:25 AM
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Originally Posted by TheGodson
Seems like I've been into bitcoin forever, but it has only been a year.
Bitcoin years are like dog years. They count as 7. I'm 35.
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06-30-2018 , 03:45 AM
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Originally Posted by TomCollins
I'm not sure if there is nudity involved, was under the impression you had towels or a swimsuit. I did not go, even though invited. I'll pass on that, supposedly its some cultural thing that's normal. Not my cup of tea.


Turtorro can play Tone in the inevitable crypto movie.
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07-01-2018 , 03:06 AM
Does anyone know if there are issues having btc sent from a gambling site directly to bittrex or binance? im pretty sure i have done this before with binance i believe and there is no issue.


I know that you should not do this with coinbase because coinbase would detect it coming from gambling site and you should use a regular wallet as a middleman etc. Can someone tell me if there are issues having btc sent directly from a gambling site to bittrex or binance? I think bittrex might be more stricter because its a us based exchange as oppose to binance?
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07-01-2018 , 06:08 AM
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Originally Posted by Didace
I'm starting to think no one here, bears or bulls, has any idea what they are talking about.
One thing we know for sure: The first half of 2018 has come and gone, and in it BTC is down 58%.
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07-01-2018 , 09:49 AM
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Originally Posted by PaulyJames200x
Does anyone know if there are issues having btc sent from a gambling site directly to bittrex or binance? im pretty sure i have done this before with binance i believe and there is no issue.


I know that you should not do this with coinbase because coinbase would detect it coming from gambling site and you should use a regular wallet as a middleman etc. Can someone tell me if there are issues having btc sent directly from a gambling site to bittrex or binance? I think bittrex might be more stricter because its a us based exchange as oppose to binance?
Don't know the answer, but if this is your concern it's trivially easy to send to a wallet on your phone temporarily then to exchange.
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07-02-2018 , 10:13 AM
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Originally Posted by TheGodson
BCH at 0.11 BTC now. I'm tempted to buy it just to ride its probable spike to 0.15 then sell back to bitcoin.
I like this trade
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07-05-2018 , 08:15 AM
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07-13-2018 , 08:16 AM
bitcoins are only cool when they are going up
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07-13-2018 , 12:17 PM
12 Russians indicted for interfering with 2016 election. Russians used computer networks worldwide to conceal activity and paid malicious co conspirators with cryptos
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07-13-2018 , 12:31 PM
Crypto: A key part of the work of hitmen, drug dealers, child pornographers, human traffickers, gambling and now Russian hacking.

Oh and every single transaction is equivalent to setting 30 gallons of gasoline on fire in terms of CO2 emissions and energy use - a number which will only rise if bitcoin rises in adoption.

And the majority of the mining power is centralized under the control of the world's most dangerous communist government, who recently installed a life dictator.

Bitcoin: truly making the world a better place.
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07-13-2018 , 01:23 PM
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Originally Posted by ToothSayer
Crypto: A key part of the work of hitmen, drug dealers, child pornographers, human traffickers, gambling and now Russian hacking.

Oh and every single transaction is equivalent to setting 30 gallons of gasoline on fire in terms of CO2 emissions and energy use - a number which will only rise if bitcoin rises in adoption.

And the majority of the mining power is centralized under the control of the world's most dangerous communist government, who recently installed a life dictator.

Bitcoin: truly making the world a better place.
You used to have good takes on a number of topics (and still do on Tesla) but you seem to be falling into some kind of cognitive bias loop bordering on personal vendetta against crypto. The US government has interfered in hundreds of elections over the past century using good old USD. Mexican cartels, corrupt oligarchs and African warlords also traffic primarily in USD. So what? Rather than an economic case, you repeatedly try to make a moral case against bitcoin--that it's not eco-friendly? That it supports dictators? What do you suppose we do about that? This is a business forum, not a political activism meetup. Very few of your arguments pertain to the actual cryptocurrency market and its prospects, and your thinking is muddled by a kind of throw-anything-against-the-wall opposition to these instruments.
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07-13-2018 , 01:55 PM
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Originally Posted by commas,are,funny
You used to have good takes on a number of topics (and still do on Tesla) but you seem to be falling into some kind of cognitive bias loop bordering on personal vendetta against crypto. The US government has interfered in hundreds of elections over the past century using good old USD. Mexican cartels, corrupt oligarchs and African warlords also traffic primarily in USD. So what? Rather than an economic case, you repeatedly try to make a moral case against bitcoin--that it's not eco-friendly? That it supports dictators? What do you suppose we do about that? This is a business forum, not a political activism meetup. Very few of your arguments pertain to the actual cryptocurrency market and its prospects, and your thinking is muddled by a kind of throw-anything-against-the-wall opposition to these instruments.
This is a weird take. I've spent pages and pages discussing the viability of Bitcoin scaling. Nearly all my arguments are related to Bitcoin's viability. Your claims are just false.

What it's used for is highly relevant to why the market cap is where it is and how likely it is to attract regulation.

And what I post is a tiny fraction of the libertarian-tard nonsense about bitcoin being about freedom. You don't get to claim bitcoin's positives without owning the consequences/hearing the other side. You don't get on the case of the libertarian-tards talking about the big banks and government, whose volume is way larger than mine. Why me and not them?

As for comparing with USD, you're an idiot. The point is that Bitcoin increases and enables these activities. Bitcoin + USD has way more child porn payment, hitmen, environmental damage, ransomware (3 orders of magnitude more), etc etc, than just USD. Bitcoin owns what it increases and enables above the status quo. This isn't hard.

I love that you get so salty and irrational about it though. It's almost as if you're emotionally and politically attached to Bitcoin. This irrationality and the irrational response is precisely what I'm targeting with my post. So thank you.
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07-13-2018 , 02:00 PM
Oh and there is no economic case for bitcoin. It's purely worthless. It can't scale and does everything worse than centralization. The only use cases for owning bitcoin are ponzi speculation, politics (i.e. wanting to be free of government control), and illegal activity. Everything else is done better by the current financial system.
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07-13-2018 , 02:11 PM
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Originally Posted by ToothSayer
This is a weird take. I've spent pages and pages discussing the viability of Bitcoin scaling. Nearly all my arguments are related to Bitcoin's viability. Your claims are just false.

What it's used for is highly relevant to why the market cap is where it is and how likely it is to attract regulation.

And what I post is a tiny fraction of the libertarian-tard nonsense about bitcoin being about freedom. You don't get to claim bitcoin's positives without owning the consequences/hearing the other side. You don't get on the case of the libertarian-tards talking about the big banks and government, whose volume is way larger than mine. Why me and not them?

As for comparing with USD, you're an idiot. The point is that Bitcoin increases and enables these activities. Bitcoin + USD has way more child porn payment, hitmen, environmental damage, ransomware (3 orders of magnitude more), etc etc, than just USD. Bitcoin owns what it increases and enables above the status quo. This isn't hard.

I love that you get so salty and irrational about it though. It's almost as if you're emotionally and politically attached to Bitcoin. This irrationality and the irrational response is precisely what I'm targeting with my post. So thank you.
Calm down, loser, I'm not the pathetic schmuck who is wasting the prime of his life arguing on a poker forum all day about minutiae after failing as an options trader. Who cares that bitcoin increases anything? The sun causes cancer, and banning decentralized, indestructible cryptocurrencies is only slightly more plausible than banning the sun. It's these kinds of poorly-reasoned, logically irrelevant points that are meaningless on a business forum. Crypto is amoral; what people do with it is up to them. For you to bring these points up like they matter to the price of crypto belies either your cognitive weaknesses or your cognitive biases, or more likely both. For instance, you can probably self-examine your way to your own hypocrisy if you don't believe guns should be banned, because guns are also used for (much more) nefarious purposes by mobsters and dictators.

You are likely an ENTP "Debater", finding pleasure in playing the devil's advocate and defending unpopular arguments, but unfortunately the quality of your arguments has steadily deteriorated over the past few years and you are forced to resort to speculative ad hominem and strawman attacks.

If you're going to waste your life posting here, at least start posting better.
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07-13-2018 , 02:27 PM
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Originally Posted by commas,are,funny
Calm down, loser, I'm not the pathetic schmuck who is wasting the prime of his life arguing on a poker forum all day about minutiae after failing as an options trader.
lol? The very reason I'm here during the day is because I'm trading options...

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Who cares that bitcoin increases anything?
People who aren't losers? People who care about what effects the thiing they evangelize for have? Regulators?
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The sun causes cancer, and banning decentralized, indestructible cryptocurrencies is only slightly more plausible than banning the sun.
Yeah, this is an insane take. Regulation from a large government/shutting it off from the banking will get rid of most uses as most people are shut off from using it. Making it actually illegal to hold would do a lot to cut down on the explosion in illegal use cases that's happened. Exchanges would go under.

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It's these kinds of poorly-reasoned, logically irrelevant points that are meaningless on a business forum. Crypto is amoral; what people do with it is up to them.
This is a child's take on morality and consequence.
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For you to bring these points up like they matter to the price of crypto belies either your cognitive weaknesses or your cognitive biases, or more likely both.
They're an excuse for regulators to get involved, if nothing else. If Bitcoin enables large scale illegal activity in a way that wasn't possible before - and it does - then regulators will eventually ban it, and the price tanks and never recovers.

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For instance, you can probably self-examine your way to your own hypocrisy if you don't believe guns should be banned, because guns are also used for (much more) nefarious purposes by mobsters and dictators.
If the main use case for guns was for illegal and shady activities (as it is for bitcoin), and a far less harmful alternative existed that did the same thing, guns would be banned.

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You are likely an ENTP "Debater", finding pleasure in playing the devil's advocate and defending unpopular arguments, but unfortunately the quality of your arguments has steadily deteriorated over the past few years and you are forced to resort to speculative ad hominem and strawman attacks.
You admit that I used to have good takes. I have good takes on Bitcoin too, you're just too emotionally invested in it to hear any criticism, as your response amply demonstrates. There's an ignore button if you don't like what I say. Cognitive dissonance is painful; if you're determined to use Bitcoin, just ignore what I say and sail through life enabling child porn.

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If you're going to waste your life posting here, at least start posting better.
My posting is fine. Bitcoin cultists (like Tesla cultists) cannot take any criticism of their cult, and bitcoin cultists are both less intelligent and more emotionally invested and underwater/frustrated more. Hence these responses. Ironically you're saying almost the same things that Tesla cultists used to say about me before most of them slinked away in shame as I was proven right on various fundamentals. The same thing will happen here, we're just not as far along the curve.
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07-14-2018 , 07:40 AM
I agree with your Meyer Briggs analysis. I think Toothsayer is an ENTP as well.

Try and guess me.
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07-14-2018 , 07:51 AM
Ohh noes people used traçable money to do illegal stuff.

Probably the most stupid argument against bitcoin right now.
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07-14-2018 , 10:12 AM
Does anyone honestly believe an anonymous troll who doesn't play poker and lives for posting in an (almost) dead subforum really knows what's he's talking about? I feel bad for TS because it's so obvious he's an unemployed mouth breather that probably lives with his parents, oh but wait guys! He said Bitcoin was a screaming buy at $200 WHILE calling it a fraud. Because you know devil's advocate and all that lol.
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07-14-2018 , 11:13 AM
Crypto's are only worth what the next guy will pay for them.

The underlying technology is inferior to what it is trying to replace even though blockchain usurpers will have you believe otherwise.

All of the evangelists try to come off as utilitarians, but in reality they are doing way more harm than good to both the environment and humanity. "utilitarianism is generally held to be the view that the morally right action is the action that produces the most good." https://plato.stanford.edu/entries/u...anism-history/

Tooth is way more in depth than this brief synopsis, but above three facts is what he is basing his logic on and that cannot be disputed.
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07-14-2018 , 11:39 AM
I think we all understand that bad actors play a negative role in crypto, why is that different from the past ala Mt gox/silk road etc? It's not a new issue that has been discussed plenty since inception.
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07-14-2018 , 11:56 AM
It's like the Tesla thread, same five arguments get thrown around while the stock just bounces in its range accomplishing nothing. I just don't see how people using the asset for nefarious purposes matters all the sudden now given the history. You now have an FBI task force related to Bitcoin/crypto, the same guys who auctioned off the Silk Road assets to Tim Draper when they could've just destroyed it. If they wanted to go after the asset and/or if it were possible then they would but that's not the evidence so far so it really doesn't have a bearing on the price action imo.
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07-14-2018 , 11:58 AM
Which bad actors are you referring to? The pumpers, scammers, pedo's, dealers, hitters, hackers, et al are not bad actors in this ecosystem because the entire framework is essentially setup to serve them.

Do we all really understand who the true bad actors are?
Spoiler:
Miners and hodlers
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07-14-2018 , 11:59 AM
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Originally Posted by ASAP17
I think we all understand that bad actors play a negative role in crypto, why is that different from the past ala Mt gox/silk road etc? It's not a new issue that has been discussed plenty since inception.
If anything, it’s an argument for crypto. Black market activity is one of the very few examples of people actually using it to buy goods and services.
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