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  1. johnarb

    Can the Biggest U.S. Bitcoin Exchange Win Over Wall Street?

    Sorry to hear that. This bear market feels like the previous one in 2014. Every rally is being sold. Waiting for some news to turn the cryptos market around, but feels like at least 1-2 months before any of the major events gonna happen (Nasdaq, NYSE, certainly much longer for ETF if ever).
  2. johnarb

    Can the Biggest U.S. Bitcoin Exchange Win Over Wall Street?

    I thought all cryptos folks (me included) are having a bad time. This bear market is relentless and could be going on for a while, but you seem to be in worse mood. The comment was more of a general way out in the clouds idea, nothing that would affect any trades short or medium term. Just...
  3. johnarb

    Bitcoin Price Thread

    I never took out the section above .1 btc Bitcoin is a global asset and in fact much bigger in Asia than the US. To some other folks, $700 is a lot of money (I guess even here in the US), so they could represent individual bitcoin owners. As Illini Trader has mentioned, the biggest wallets...
  4. johnarb

    Bitcoin Price Thread

    I will tell you a story in regards to volatility but I cannot offer you a proof. If you are a wealthy (deca or deci Millionaire) perhaps you can reach out to your connected friends in the Fintech industry and confirm or reject the notion. Most of the big-value (Circle will only deal with trades...
  5. johnarb

    Bitcoin Price Thread

    It's not so simple as there are several factors at play. So, let's say per the graph that ~88% of all bitcoin addresses that were ever created that contained any amount of btc and currently contain less than .1btc currently are change addresses or even go so far as addresses containing "dust"...
  6. johnarb

    Bitcoin Price Thread

    You chose to ignore the information I provided you on my response to you. Well played.
  7. johnarb

    Bitcoin Price Thread

    I've tried not to comment on this as it's very hard to explain to someone who doesn't know how bitcoin works. Look into the concept of change addresses. As bitcoin is used more for commerce and transfer of value, the adoption creates an exponential amount of change addresses that contain...
  8. johnarb

    Proof of Work is Proof of Ponzi

    You forgot gold. That thing is the most useless of all sitting in warehouses and requiring all kinds of security for protection. It has industrial uses but the price keeps it from being utilized more.
  9. johnarb

    Can the Biggest U.S. Bitcoin Exchange Win Over Wall Street?

    https://www.wsj.com/articles/can-the-biggest-u-s-bitcoin-exchange-win-over-wall-street-1527418800 Coinbase Inc. did more than any other company to bring U.S. retail investors into digital currencies—and left many feeling burned as bitcoin crashed, plunging about 60% since December. Now, it’s...
  10. johnarb

    Proof of Work is Proof of Ponzi

    Let's hope the US DOJ catches these manipulators and puts them in jail. Bitcoin is not a real company and doesn't pay any developer. it's an open-source experimental project on github. Anyone can develop and submit code, but you will not get a single satoshi for your efforts. Only the miners...
  11. johnarb

    Proof of Work is Proof of Ponzi

    Yea, definitely don't trade everything out there, however, I re-read your post a couple of times and you're saying bitcoin is made up of nothing. Forget adoption, forget network hash rate, forget acceptance, forget Goldman Sachs, CME, CBOE, Nasdaq, TSX, ICE/NYSE, Coinbase, Gemini, etc. etc...
  12. johnarb

    Proof of Work is Proof of Ponzi

    Have you considered shorting CME bitcoin futures? Your confidence on a short trade is very high and even if I'm long bitcoin, I think you can make some $$$ by shorting. https://www.newsbtc.com/2018/05/26/analyst-says-bitcoin-may-drop-5500-new-upside-q3-q4-2018/
  13. johnarb

    Bitcoin Suffers Another Blow As DOJ Targets Price Manipulators

    The Justice Department launched a criminal investigation into "spoofing" in Bitcoin markets, where groups place large orders to entice others into investing before withdrawing the orders before they are executed, Bloomberg reported...
  14. johnarb

    So, what is the end game with this never-ending U.S. public debt?

    Your arguments are nonsense. Are you over 18? Just a question, no offense. dozu888: So what if other countries don't buy our treasuries... our missiles and carriers will shove it down their throat.... response: [sarcastic] The US is the the greatest and most powerful country in the world...
  15. johnarb

    So, what is the end game with this never-ending U.S. public debt?

    Impressive arguments here. The US is the the greatest and most powerful country in the world, so if we have another financial crisis we'll threaten everyone. Yea, that's how free markets work. When 51 Million US households cannot afford the basics, the answer is those are not really basics, ya...
  16. johnarb

    So, what is the end game with this never-ending U.S. public debt?

    I love this thread. Just another bailout QE to fix any financial crisis, no problem. Meanwhile, 51 Million Americans cannot afford the basics. Nearly 51 million households don't earn enough to afford a monthly budget that includes housing, food, child care, health care, transportation and a...
  17. johnarb

    Proof of Work is Proof of Ponzi

    terrible case of sour grapes...
  18. johnarb

    Cryptocurrency exchange Coinbase is trying to lure big institutional investors

    https://www.cnbc.com/2018/05/15/coinbase-bets-big-on-institutional-investors.html The San Francisco-based company announced the launch on Tuesday of four new products aimed at that investor class: Coinbase Custody, Coinbase Markets, The Coinbase Institutional Coverage Group and Coinbase Prime.
  19. johnarb

    Buffett and Gates are becoming frightened of Bitcoin. Tell people to stay away.

    You're asking me for proof, but that's not something I would do on a public forum which is give personal info. Some people here do it by posting screenshots of their accounts and I'm not one of those people. Coinbase transactions during those times are easily traceable. However, this is a...
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