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The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero

  • #1,701
  • Jul 10, 2018 8:12am Jul 10, 2018 8:12am
Quoting whywescalp
{quote} Isnt it strange how we are made to believe that cryptos are limited, lets say in case of bitcoins it 21 million MAX, but in reality we can split one bitcoin to 100 million satoshi's and hey what do we get ? ,...
(as per NY Fed we had 1.3 Trillion USD in circulation as on July 2013).
But technically speaking, bitcoins are still "Limited" in supply (irrespective of what that limit is :-) )
Hahahha 2013.
Fed must have 5 trillion by now.
Plus 22 trillion debt...
Europe... Africa...another 5 trillion
Stocks 65 trillion...

But YOU'RE RIGHT. Bitcoins are limited.
No liar bankers can make more than 21 million.
And look here - between today and 2140 there will appear only 3950000 new bitcoin i think ....

New question - why mention satoshis??
Are you saying 1 sat will be 1 dollar??
Agree

Truth is, a price of $1 million for bitcoin is logical and expected in 3-10 years. Just patience.



Think of gold. Pretty cr.p. So???
Gold coin costs $1260 today. Why???
Cos it APPEARS limited, but is not.

I feel sorry for people who miss today bitcoin $6700 cheapness and have to buy 1 Satoshi for 1200 useless bucks next years....
Beware of robber banks (RB), bad advisors.
  • #1,702
  • Jul 10, 2018 3:18pm Jul 10, 2018 3:18pm
Quoting whywescalp
{quote} Isnt it strange how we are made to believe that cryptos are limited, lets say in case of bitcoins it 21 million MAX, but in reality we can split one bitcoin to 100 million satoshi's and hey what do we get ? , sorry my calculator ditched me on it :-) but as far as I can understand thats is more than 1500 times the total USD's we have in circulation (as per NY Fed we had 1.3 Trillion USD in circulation as on July 2013) But technically speaking, bitcoins are still "Limited" in supply (irrespective of what that limit is :-) )
You had to use a calculator ! . You need to review your calculations because you are way off. The $1.3 Trillion in circulation is global. In the US it is $800 Billion. Every month US citizens spend $1.2 Trillion. How is that possible with a supply of $800 Billion and with the velocity of money at its lowest in the US. In case you have not figured it out............It's all on credit cards. Deeper and deeper into debt.
Don't wait for the wind, take to the oars.
  • #1,703
  • Jul 10, 2018 4:35pm Jul 10, 2018 4:35pm
BTC is being a tease with an almost 400 pip move to the downside, since I last looked 24 hours ago. Not to worry as it has formed one of my strategies, and that is a bullish one, if it plays out with the edge that the strategy has. If It does it should reach 8360, with an extended target of 11090. So all I can do is wait.
Don't wait for the wind, take to the oars.
  • #1,704
  • Jul 10, 2018 5:14pm Jul 10, 2018 5:14pm
Quoting Not-KPMG
{quote} Sooooo what's up with SYS??? What miserable lame ass problem they created?? I'm going to sell this crap coin. That guy sidhujag or rather Jag Sidhu better come up with explanation!! Look at ARK in contrast. Greatly up. Amazing development. Voting, 6-8% staking, new features, they are doing SmartBridge, something great. Adding them, GRS, ARDOR, Spectre, Aeon and throwing away cr.p coins.
Nothing, it is better than half the crap you own probably 90% of it. Go read the code. Nothing happened with the blockchain, SYS was = to 96 BTC

If you think Syscoin is a crap coin you don't know crypto.
  • #1,705
  • Jul 10, 2018 5:17pm Jul 10, 2018 5:17pm
Quoting Not-KPMG
{quote} Long term - sure!! What happened with SYS??? You guys have Desktop 3.0.... Why's falling so hard??? Ethos - wait for news then dump
Sys is old from 2014, lots of distribution... and lots of noobs. We do not hype that is main thing, but when we release our products it will be first blockchain with real products running on top unlike all the fake stuff you are into.
  • #1,706
  • Jul 10, 2018 6:22pm Jul 10, 2018 6:22pm
Quoting Pleiadian
BTC is being a tease with an almost 400 pip move to the downside, since I last looked 24 hours ago. Not to worry as it has formed one of my strategies, and that is a bullish one, if it plays out with the edge that the strategy has. If It does it should reach 8360, with an extended target of 11090. So all I can do is wait.
I'm confident in your prediction that Bitcoin coin will reach 25-40k by the end of the year. In the mean time another day of negative news. No big deal, eventually regulation will be enacted worldwide and cryptos will go to the moon, right?
Attached Image (click to enlarge)
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"Experts fear"
"Crypto concept is a fallacy"
"$22 Billion wiped out"
"Bancor hacked"

No big deal, these people are just crybabies, right?
Pride always comes before destruction.... -Proverbs 16:18
  • #1,707
  • Edited 12:49am Jul 11, 2018 12:32am | Edited 12:49am
Quoting Pleiadian
{quote} The $1.3 Trillion in circulation is global. In the US it is $800 Billion. Every month US citizens spend $1.2 Trillion. How is that possible with a supply of $800 Billion and with the velocity of money at its lowest in the US. In case you have not figured it out............It's all on credit cards. Deeper and deeper into debt.
Well, the money in circulation dosent mean that it had to get spent every month, do you spend all your cash every month ? In a way you are contradicting yourself :-) , if money velocity is low, how can you expect the speed of money spend to be 100% of cash avaialble.

If majority of the money is sitting in banks as "a number in their data base" then why and how is bitcoin any different.

Anyways, coming back to the point, here is the official number by FED. Quoting myself again "As per July 2013"

https://www.newyorkfed.org/aboutthef...int/fed01.html

Fed clearly mentioned that the money in circulation is increasing for whatever reason....

This is primarily political. FED wants more and more of its currency being used globally so that USD can retain its supremacy (of whatever is left). Because this is the sole reason why US can keep taking debt year after year and still not feel the obligation to be fiscally responsible. BECAUSE it costs them 4 cents to print a $100 Note !!! well, thats a good barter....
  • #1,708
  • Jul 11, 2018 12:57am Jul 11, 2018 12:57am
Quoting Expo33
{quote} I'm confident in your prediction that Bitcoin coin will reach 25-40k by the end of the year. In the mean time another day of negative news. No big deal, eventually regulation will be enacted worldwide and cryptos will go to the moon, right? {image} "Experts fear" "Crypto concept is a fallacy" "$22 Billion wiped out" "Bancor hacked" No big deal, these people are just crybabies, right?
totally agree with you, with the current level of witch hunt that is going on in crypto space and the current level of "Greed" where people predicting BTC going to 40,000 in less than six months..... this isnt far from tulip bubble.... But regardless, this witch hunt and greed "irrational exuberance" will eventually die and there are actual use cases that blockchain as a technology can resolve. They merit some value and that value will be realized over the course of time, unless there is a better technology that shows up and that, based on my past experience, has a very high probability.

Still, we priced tulips (tulip mania)... we priced gold (gold rush), we priced stocks (the great depression), we priced volatilty (1985 collapse), we priced Websites based on their clicks (1998 IT bubble), and we priced CDO, MBS and other exotic debt instruments (financial crisis of 2007)..... This too shal pass ..... Only God live long enough to see what happens in the "LONG TERM" :-)
  • #1,709
  • Jul 11, 2018 1:04am Jul 11, 2018 1:04am
I'm not sure how many trillions are in circulation - i look simply at end results.


Central banks are stealing.... sorry...printing paper money.
Crypto, a bit better than gold, holds the real value.

Just patience.

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Beware of robber banks (RB), bad advisors.
  • #1,710
  • Edited 10:39am Jul 11, 2018 1:11am | Edited 10:39am
Quoting sidhujag
{quote} Sys is old from 2014, lots of distribution... and lots of noobs.
We do not hype that is main thing, but when we release our products it will be first blockchain with real products running on top unlike all the fake stuff you are into.
Since you say fake a lot.....i want to hear what's so better in SYS???

You released 3.0 then Desktop whatever... price crash???

Explain please....2.

And don't lie that 1 SYS was 96 BTC!!! it was 1 idiot on drugs losing all his bitcoin by mistake....or Binance API crashed or messed up.

Second lie is your distribution!!!
Whales hold 84%. Or 75% if we say a million SYS makes a whale...

Look here.
Top 1000. 451,569,411 SYS 84.15 %
All 58656. 536,644,416 SYS 100 %

Don't lie any more because you'll be out!!!

Here's not india with holy cows walking on water, you know???

So if u kindly explain the 2 things above.....
Beware of robber banks (RB), bad advisors.
  • #1,711
  • Jul 11, 2018 10:45am Jul 11, 2018 10:45am
Idea!!!

If you're on exchange, put few sell orders (take profit) on ridiculously high prices.
Say SYS is 0.0000050.

Put few orders at 0.05. 0.0005
0.5
1
10 bitcoin.

In the last SYS Binance mix up there were 11000 bitcoin traded at exchange 1 to 1.

Obviously a big mistake... and reversable. But spikes of 100_300-1000% happen. Then money is yours.
Beware of robber banks (RB), bad advisors.
  • #1,712
  • Jul 11, 2018 5:16pm Jul 11, 2018 5:16pm
Looked at ONION.

Idea great.
Team good.
Airdrop finished. Price dropped like 60-80% so good.

But....
WTF is with the coin distribution???

They dropped 12 million??
Yet i see top 100 are holding 14 million, so there's 6 million in small holders?!?!?

WTF airdrop is this?!? Who got them?!?!

Ideas???

====
Talking of good coin, fair distribution - Zcoin!!!

Top 1000 2,359,702 XZC 47.19 %
All 21311 5,000,189 XZC 100 %
Beware of robber banks (RB), bad advisors.
  • #1,713
  • Jul 11, 2018 5:39pm Jul 11, 2018 5:39pm
Quoting Not-KPMG
{quote} Since you say fake a lot.....i want to hear what's so better in SYS??? You released 3.0 then Desktop whatever... price crash??? Explain please....2. And don't lie that 1 SYS was 96 BTC!!! it was 1 idiot on drugs losing all his bitcoin by mistake....or Binance API crashed or messed up. Second lie is your distribution!!! Whales hold 84%. Or 75% if we say a million SYS makes a whale... Look here. Top 1000. 451,569,411 SYS 84.15 % All 58656. 536,644,416 SYS 100 % Don't lie any more because you'll be out!!! Here's...
whitepaper.syscoin.org.. zdag is something I did that noone has and enables syscoin to have highest tps of any permissionless blockchain. Thats a pretty big accomplishment.

the exchanges are top 3 or 4 wallets. The coin is 2014 and has better distribution than other coins. the 20 million sys is supernet which is a partner and has held since 2014 to enable cross chain trading liquidity in their barterdex.

Look im not saying other coins arent doing cool things but I do think market has not factored in all of syscoins innovations because lack of marketing and hype.
  • #1,714
  • Edited 7:55pm Jul 11, 2018 6:10pm | Edited 7:55pm
Hold on for the ride. Bitcoin has just been supplied with rocket fuel. CBOE has filed for a Bitcoin ETF with the SEC. They will insure Bitcoin investors against any exchange hacks or lost keys. This is the regulatory moment that the Smart money has been waiting for. The whole crypto market is going to take off. Check out the announcements here.

The file number for the BTC ETFs on the SEC website is SR-CboeBZX-2018-040.

https://ethereumworldnews.com/you-ca...e-sec-website/

https://ethereumworldnews.com/here-i...ike-you-and-i/

This will mean that you will be able to buy/sell and hold Bitcoin in your brokerage account.
Don't wait for the wind, take to the oars.
  • #1,715
  • Jul 12, 2018 7:26am Jul 12, 2018 7:26am
Patience!!!

Crooks spike the price down first...



BTW any reason behind early morning dip??
Beware of robber banks (RB), bad advisors.
  • #1,716
  • Jul 12, 2018 9:51am Jul 12, 2018 9:51am
Quoting Not-KPMG
Patience!!! Crooks spike the price down first...
Not crooks, it is a standard trading ploy for big money, similar to a stop-hunt.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #1,717
  • Jul 12, 2018 3:52pm Jul 12, 2018 3:52pm
Quoting Exodus
{quote} Not crooks, it is a standard trading ploy for big money, similar to a stop-hunt.
When i say "crooks" and "spike"....
Does it sound I'm talking about the Salvation Army or big fat thieving lying robber banks??


We all know the game
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Beware of robber banks (RB), bad advisors.
  • #1,718
  • Jul 12, 2018 3:54pm Jul 12, 2018 3:54pm
Quoting Pleiadian
Hold on for the ride. Bitcoin has just been supplied with rocket fuel. CBOE has filed for a Bitcoin ETF with the SEC....

mean that you will be able to buy/sell and hold Bitcoin in your brokerage account.
That will be decided mid August or September, they tell me...

But good news.
Beware of robber banks (RB), bad advisors.
  • #1,719
  • Jul 12, 2018 4:37pm Jul 12, 2018 4:37pm
Quoting sidhujag
{quote} whitepaper.syscoin.org.. zdag is something I did... chain trading liquidity in their barterdex.
Look im not saying other coins arent doing cool things but I do think market has not factored in all of syscoins innovations because lack of marketing and hype.
Hi buddy.

You're right, there's innovation in SYS.
But it's lagging behind... you know....

True,you have 1100 masternodes and many thousands transaction capacity...

Point is, the competition is fierce.
Beware of robber banks (RB), bad advisors.
  • #1,720
  • Jul 13, 2018 7:19am Jul 13, 2018 7:19am
Bitcoin Gold quite up.


Seems new wallet amd some LN review.
Beware of robber banks (RB), bad advisors.
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