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

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  • Post #4,401
  • Quote
  • Dec 18, 2019 11:34am Dec 18, 2019 11:34am
  •  sidhujag
  • Joined Apr 2009 | Status: Non-Member | 4,698 Posts
Quoting mlawson71
Disliked
The price of Bitcoin will remain under pressure as scammers who are behind the newest crypto Ponzi scheme - PlusToken - sell coins to cash their profits, says Chainalysis Inc. a New York based research center. The investigation against the PlusToken Ponzi scheme, which according to analysts has accumulated over 2 billion USD, is in its fifth month as the missing tokens are being tracked through various block chain ledgers....
Ignored
its a good thing, it means bigger money hasn't entered
3
  • Post #4,402
  • Quote
  • Dec 18, 2019 5:15pm Dec 18, 2019 5:15pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
Dip 6500 jump 7000.

LOL

😂 😂 👏👏👏😨👏👏👏💰
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #4,403
  • Quote
  • Dec 18, 2019 5:19pm Dec 18, 2019 5:19pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
Some read


https://research.binance.com/analysi...ing-allocation
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #4,404
  • Quote
  • Dec 18, 2019 5:25pm Dec 18, 2019 5:25pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
Nice perspective and video
https://www.reddit.com/r/Bitcoin/com...r_perspective/

Says 140k first then horrible drop to 12k.🚀🚀🚀😂💰💰👎

Can't wait and this time 50% take profit and little sell at 120k for a 100000 drop 😱😨😀💰💰💰

In 2021....
Patience
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #4,405
  • Quote
  • Dec 19, 2019 3:17am Dec 19, 2019 3:17am
  •  TMR
  • Joined Jan 2007 | Status: OG | 571 Posts
Bakkt Bitcoin Monthly Futures have set an all time high trade volume 12/18/2019

Traded contracts: 6601 ($47.30 million, +74%)

Open interest: $3.98 million (-39%)
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Money isn't real
1
  • Post #4,406
  • Quote
  • Dec 19, 2019 9:40am Dec 19, 2019 9:40am
  •  mlawson71
  • | Joined Dec 2015 | Status: Member | 3,482 Posts
Quoting sidhujag
Disliked
{quote} its a good thing, it means bigger money hasn't entered
Ignored
The scam is already for two billion dollars though?
1
  • Post #4,407
  • Quote
  • Dec 20, 2019 6:56am Dec 20, 2019 6:56am
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
Quoting mlawson71
Disliked
{quote} The scam is already for two billion dollars though?
Ignored
<

Hmm

I'll disagree with both of u
😱😨🙊

Fitst it's not much money . BARELY 2 billions .

USA print more weekly !!

The drop in Uber was more...
👎👎

Also these are small stupid "investors " LOL.
1 million losing little bit.
Do u think Banks invested ??
😯

So it's nothing to do with Bitcoin .
We wait 👏🍻🐢
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #4,408
  • Quote
  • Dec 20, 2019 7:30am Dec 20, 2019 7:30am
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
Quoting Not-KPMG
Disliked
Found this.
Great read. 👍👏👏😱 i might add ...but is really comprehensive .👍👍🍻
Point 1) Most people do not understand that you can't send money over internet, but only information. Bitcoin is the first digital settlement layer. When I send a .....
Point 3....🚀🚀🚀
Point 4) Fiat does not .... Later 😂😂😂😂
Ignored
Ok. Above post is good but need explanation.

The guy said :

In terms of the price, money inflow is not the same as market cap. For Bitcoin to have 21 trillion market cap, Bitcoin does not need 21 trillion of money inflow. Bitcoin price is dependent on market sentiment, if the market sentiment is such that very few people want to sell their coins because the price keeps going up then you might have 100x market cap of the money inflow. So 1 billion USD in money inflow translates to 100 billion USD in market cap. The multiplier can be 10x, 2x or 50x, all depends on market sentiment and time period. So an inflow of 10 trillion USD in 10 years might lead to 100 trillion USD market cap of BTC and 5 million USD per Bitcoin.😨

Bitcoin value have no roof, ....

👏👏🐢

Ok.
He didn't explain WHY the multiplier is 10 or 100.
😱
Explained :

Market cap is ALL Coins Worth.
Money inflow is CURRENT buys.

Sooooo . Where are ALL COINS ?
Some are in bank safe , some lost forever 😯, few in big holders , few in me 😉
So MOST Coins are NOT tradeable.

Let's say i have 3 bitcoin . I intend to sell 1 at 100000 and 1 at 260k. I hold. And everybody has a price in mind for selling . Could be 10k or 32k.....
Currently $7100 price. Market cap say 140 billion 👏

I had a Twitter post , but can't attach .

So say Saudi Arabia (rich ) comes with $ 150 billions and wanted to buy all bitcoin . 😱
Is that gonna work?????
Nope .
They can't buy my bitcoin , nor the bitcoin in safes or long time HODLers. 😨😨😨👎👎

These miserable 150 billion green will buy only Bitcoin on current exchanges , few coins from hot wallets...and few holders. Let's see.
The circulation amount above can be say 3 million Bitcoin .
Rest is not for sale .

So this INFLOW will establish price of 50000. Simple eh? 💰🙉😱
But they didn't buy many bitcoin , and not mine!!

So next Fidelity or Apple comes with 1 trillion green ....

Provided price is high I'll sell 1 and people will go to the bank to get bitcoin paper wallet and sell few .

That's 4 million bitcoins max!!! 😨😨🙊🚀
Divided it'll be 250k price. 🍻👍👍
Market cap? Ohhh 5 trillion .🍻🚀
So that's the logic. 1 trillion $ inflow gives a boost of about 5 trillion market cap .
Because they bought only 1/5 of bitcoin that are buyable.
Rest is not.

The higher it goes the lesS they can buy. They - late buyers , rich funds, banks ... 🐢👍

Next 1 trillion $ will buy barely 1 million Bitcoins .
Market cap 21 trillion . Right 🐢🐢😱👍🚀
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #4,409
  • Quote
  • Dec 20, 2019 11:09am Dec 20, 2019 11:09am
  •  sidhujag
  • Joined Apr 2009 | Status: Non-Member | 4,698 Posts
Quoting mlawson71
Disliked
{quote} The scam is already for two billion dollars though?
Ignored
I mean the volatility risk you posed not the scam. Volatility is a function of volume and liquidity. This means as more money enters there is more fiat volume and liquidity which is a direct correlation to volatility and stability thereafter.
2
  • Post #4,410
  • Quote
  • Dec 20, 2019 5:38pm Dec 20, 2019 5:38pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
Look what i found



Sooooo?
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Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #4,411
  • Quote
  • Dec 20, 2019 5:40pm Dec 20, 2019 5:40pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
This is bitcoin news from 2013.
Craaaaash at 100
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Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #4,412
  • Quote
  • Dec 20, 2019 7:22pm Dec 20, 2019 7:22pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
For people who don't know, there's a really sad and rambling person here:

https://www.cryptocraft.com/showthre...9#post12634479

Read, laugh, report him.
😱
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #4,413
  • Quote
  • Dec 20, 2019 7:31pm Dec 20, 2019 7:31pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
ETC up.👍

And something LUNA. UNI, MEX ?? What's that?

RDD, ENG up.👏

🍻
GRS slow...
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #4,414
  • Quote
  • Dec 21, 2019 7:23am Dec 21, 2019 7:23am
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
7150 again. Bitcoin. Boring.


See in backwards Arizona even 👏👏
https://www.reddit.com/r/Bitcoin/com...ucson_arizona/
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #4,415
  • Quote
  • Dec 21, 2019 9:29am Dec 21, 2019 9:29am
  •  mlawson71
  • | Joined Dec 2015 | Status: Member | 3,482 Posts
Quoting sidhujag
Disliked
{quote} I mean the volatility risk you posed not the scam. Volatility is a function of volume and liquidity. This means as more money enters there is more fiat volume and liquidity which is a direct correlation to volatility and stability thereafter.
Ignored
Oh I see. Yes, I agree then. Thank you for clarifying.
  • Post #4,416
  • Quote
  • Dec 21, 2019 11:30am Dec 21, 2019 11:30am
  •  sidhujag
  • Joined Apr 2009 | Status: Non-Member | 4,698 Posts
We released 4.1 which includes first of its kind trustless cross chain bridge. First example of fractional supply.

https://syscoin.org/news/syscoin-platform-41-is-live
  • Post #4,417
  • Quote
  • Dec 21, 2019 3:23pm Dec 21, 2019 3:23pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
Bitcoin 7200.
LTC 40.

Waiting
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #4,418
  • Quote
  • Dec 21, 2019 3:28pm Dec 21, 2019 3:28pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
Once in 5 years USA do something right.
😱👍😱

Congress prepares to recess for the holidays, it is a fitting end to 2019, notably marked by the reaction of U.S. lawmakers to the introduction of Project Libra by Facebook, that a bill has surfaced that would provide a sweeping regulatory framework for digital assets including cryptocurrencies.
The bill is called the ‘Crypto-Currency Act of 2020,’ and the stated purpose is to clarify which Federal agencies regulate digital assets, to require those agencies to notify the public of any Federal licenses,....
🍻
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #4,419
  • Quote
  • Dec 22, 2019 7:23am Dec 22, 2019 7:23am
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
Stratis, Mco, NMR up.👏

Bitcoin 7200 😱👍🍻
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #4,420
  • Quote
  • Dec 22, 2019 10:45am Dec 22, 2019 10:45am
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,328 Posts
banks and fiat thieves suk 😱😨
https://i.redd.it/xj72ta9ytp541.png
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
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