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  1. johnarb

    PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources

    I don't like to post articles from Coindesk but the Seeking Alpha article on this is lacking in content... https://www.coindesk.com/paypal-venmo-to-roll-out-crypto-buying-and-selling Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to...
  2. johnarb

    Coinbase selling Crypto Surveillance Tools to the DEA and IRS

    I've never used a bitcoin tumbler so hopefully I don't say anything inaccurate and my suggestion in my previous post was not meant for hiding illegal activities but to ensure privacy. There are many reasons to be protective of your bitcoin identity and one example is that if you buy coffee at a...
  3. johnarb

    Fidelity Says a Third of Big Institutions Own Crypto Assets

    https://www.bloomberg.com/news/articles/2020-06-09/fidelity-says-a-third-of-large-institutions-own-crypto-assets About a third of large institutional investors own digital assets such as Bitcoin, according to a survey from Fidelity Investments. Across the U.S. and Europe, 36% of the survey’s...
  4. johnarb

    Coinbase selling Crypto Surveillance Tools to the DEA and IRS

    ___________________________________________________ This is big. I can see a surge in privacy coins in the near future... There's an easy way to sever any tracking of bitcoin (or any cryptocurrency) by trading them to Monero then trading them back to bitcoin using an instant swap website, but...
  5. johnarb

    Bloomberg expects bitcoin to double to $20,000 this year, says something needs to go 'really wrong'

    I used to not care for Ethereum and didn't think there's much use for its smart contract dapps platform, until recently when I started looking at stablecoins as a way to remove the bitcoin price-volatility risk if I hit certain price targets on the next bull market run. In the current ZIRP...
  6. johnarb

    Bloomberg expects bitcoin to double to $20,000 this year, says something needs to go 'really wrong'

    https://markets.businessinsider.com/currencies/news/bitcoin-price-forecast-bloomberg-expects-double-this-year-cryptocurrency-2020-6-1029281615 Bloomberg expects bitcoin to revisit its record high reached in 2017 and double to $20,000 this year, an analyst note published Tuesday said. The firm...
  7. johnarb

    Bitcoin to drop below $6000 within 10 days

    I'm replying to my own post. Grayscale has been buying old(er) coins ever since the halving as they are buying more bitcoins than have been mined since the halving. I would guess that these "extra" coins don't have much history which means even if they were mined 6 months ago, they sat on an...
  8. johnarb

    Bitcoin to drop below $6000 within 10 days

    Good point. I'm not really trading (fully invested in cryptos for a while now), but I did try an automated trading bot (cryptohopper) and that was a lot of fun! It was making trades even when I'm sleeping based on a trading strategy setup I bought for $4 and after a few dozen trades, I made...
  9. johnarb

    Bitcoin Price Thread

    Well hello again $10K/btc, please stay a while....
  10. johnarb

    Bitcoin to drop below $6000 within 10 days

    How's that prognosis working out? :D
  11. johnarb

    Russia Intends to Ban All Cryptocurrencies

    If people think of bitcoin as a digital investment asset and not a currency, it would be a much simpler concept to understand or accept. Converting bitcoin to fiat is not difficult unless you reside in Russia.
  12. johnarb

    Goldman Sachs Is Hosting A Client Call About Bitcoin, Gold and Inflation

    It was a negative Goldman Sachs presentation on bitcoin. I believe GS is trying to stop the deluge of Institutional $$$ going to bitcoin (through hedge funds). GS hates the fact that they are unable to front run their clients on bitcoin.
  13. johnarb

    The Fed has Eliminated Reserve Requirements for All Depository Institutions

    As someone who has made hundreds of purchases (ranging from notebook computers, to airfare, hotel rooms, software, groceries, clothing, cell phones, other electronics, etc.) using bitcoin as payment, most retailers use a payment processor (most of the time it's Bitpay), which means the vendor is...
  14. johnarb

    Goldman Sachs Is Hosting A Client Call About Bitcoin, Gold and Inflation

    https://www.forbes.com/sites/colinharper/2020/05/22/goldman-sachs-is-hosting-a-call-about-bitcoin-gold-and-inflation/#183c0ce1effa Goldman Sachs’ latest client conference call will include a subject that Wall Street has either long derided or shrugged off: Bitcoin. Per an invitation to...
  15. johnarb

    Bitcoin to drop below $6000 within 10 days

    Short term, bitcoin is a crap shoot, it may hit $6,000 as per the title, but in 3 months, I think bitcoin will be higher than $20,000, so by Sept 1, 2020. The reason for this is that there will be a supply crunch problem caused by GBTC and there will be an accelerated adoption in the HF...
  16. johnarb

    How ‘Baby Al Capone’ pulled off a $23.8 million crypto heist

    This is targeted hacking, when someone knows you have a lot of bitcoin (or own a valuable digital asset, i.e. @John Twitter handle), they'll get your phone number, and use a number of social engineering attacks to the mobile company's call center agents to get to your account (i.e. baby crying...
  17. johnarb

    Coins from Feb 2009 (in Tulip Trust) just moved yesterday. Bitcoin finished.

    Yea, that goes without saying that we're all responsible for our trading/investment decisions and the results and I did not shoot down your suggestion. I thought it was prudent to be cautious if you have new information. I needed to correct you on 1 million coins being unlocked by that one...
  18. johnarb

    Coins from Feb 2009 (in Tulip Trust) just moved yesterday. Bitcoin finished.

    I'm not trying to be right, I'm just explaining to you that what you posted was wrong, and hope you understand why. Are you suggesting for me to sell all my crypto holdings because 50 bitcoins contained in 1 bitcoin address that has not moved for 11 years is an indication that all the other 1...
  19. johnarb

    Coins from Feb 2009 (in Tulip Trust) just moved yesterday. Bitcoin finished.

    Really? I don't think you know how bitcoin works. Each of those bitcoin addresses correspond to a private key and bitcoins in one of those addresses moved (transferred), it does not mean the other bitcoins in the other addresses are unlocked. Craig Wright testified under oath he lost the...
  20. johnarb

    Bitcoin to drop below $6000 within 10 days

    Some very early coins (38 days old from the start of bitcoin genesis block) moved. Lots of posts claiming they are not Satoshi's coins but it's still being used as the reason for the selloff. Saw another Twitter post saying that the head of Google quantum computing stepped down a month ago and...
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