maskedmelon
Orator of Superfluous Nothings
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Almost hit 15k BTC, fuck me. I want more. RSI just hit 80 though, so maybe we see a dip? *crosses fingers*
Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Flobee
Vyemm Raider
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I've been hearing rumblings of bad news for privacy coins. I do believe that the future of privacy is likely to be secure Ethereum sidechains like:
Aztec | The Privacy-first Layer 2 on Ethereum
Aztec is a privacy-first L2 on Ethereum, bringing privacy to the decentralized internet of the future.
aztec.network
Jury is still out though, I haven't dug very deep into this.
Ravishing
Uninspiring Title
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Bitcoin has been due to get closer to 20K again since it halved.
Markets are up too because Republicans are still likely to control the Senate & have improved in the House.
Bitcoin tends to follow the markets as well.
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Arative
Ahn'Qiraj Raider
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Be nice if it hits 20k. I've been sitting on 4 btc for years just waiting for a breakout
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maskedmelon
Orator of Superfluous Nothings
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RSI has tipped over 80% a few times. We had a couple large outflows yesterday and after 14kish there isn’t much resistance to 16k. Coinbase depth looks pretty anemic on the buy side though. I am expecting a correction short term, but we shall see! We didn’t see any correction back on the 21st and appear to have moved into a broadening triangle since then though the last few days make it look more like we are sitting in an ascending channel from around the 12th, which carries us right up to the yearly ascending channel and prior resistance at around $16k.
What does it all meeeeeeeeeeean!?
What does it all meeeeeeeeeeean!?
Sanrith Descartes
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The Justice Department just seized a record $1 billion in bitcoin
A whopping 69,369 bitcoins was recently moved from the fourth richest wallet in the world.
www.marketwatch.com
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Flobee
Vyemm Raider
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I was about to post this! I'll speculate that the sovereign race to collect Bitcoin has begun in earnest. We'll see.
The Justice Department just seized a record $1 billion in bitcoin
A whopping 69,369 bitcoins was recently moved from the fourth richest wallet in the world.
Funds seized from an 'unknown hacker'. How many BTC does the US custody and keep quiet about?
Silk Road Bitcoins Worth Over $1 Billion Are Target of U.S.
The U.S. is suing for the forfeiture of more than $1 billion in Bitcoins it says are linked to the criminal marketplace Silk Road it shut down seven years ago.
www.bloomberg.com
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Sanrith Descartes
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I was about to post this! I'll speculate that the sovereign race to collect Bitcoin has begun in earnest. We'll see.
Funds seized from an 'unknown hacker'. How many BTC does the US custody and keep quiet about?
Silk Road Bitcoins Worth Over $1 Billion Are Target of U.S.
The U.S. is suing for the forfeiture of more than $1 billion in Bitcoins it says are linked to the criminal marketplace Silk Road it shut down seven years ago.
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So do they move this to their own wallet somewhere? I wonder if it has a password more secure than Donald Trump's twitter?
Flobee
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I would assume that's the case yea, hard to tell for sure. You're probably not qualified to criticize anyone regarding InfoSec though
HunterBiden- 1
maskedmelon
Orator of Superfluous Nothings
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BTC catching more eyes as inflation hedge
www.cnbc.com
Buy bitcoin to play low interest rates and a friendly Fed, says trader who predicts 20% upside
Bitcoin could surge another 20% in the coming weeks as the Federal Reserve holds interest rates near zero, says JC O'Hara of MKM Partners.
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Flobee
Vyemm Raider
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Avoid fees for doing what?How do I avoid fees
And is this ledger nano S I bought worth using? Seems like if it gets broken I'm fucked?
Flobee how much LINK do you own?
Ledger is one of the two hardware wallets I would consider (other being Trezor). You create a recovery key that you should store offline or memorize. This key allows you to recover your wallet even if the physical ledger is destroyed. Note that anyone with this recovery key can steal your wallet, store it with that in mind. If you store it digitally you're much more at risk.
I own some LINK, its dumb to talk about how much of any crypto you own. However LINK will likely do quite well given its market position, lack of competition (for now, they're coming. BAND/DOS/CURVE) and trustworthiness in the space. If a project needs an oracle and doesn't use LINK you should be wary as of right now.
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Sanrith Descartes
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maskedmelon
Orator of Superfluous Nothings
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How do I avoid fees
And is this ledger nano S I bought worth using? Seems like if it gets broken I'm fucked?
Ledger gives you little paper cards when you get one to write down your recovery code. O haven’t lost or reset it, but when you first set it up you will go through a process where it shows you your code, then you have to enter it back in in the right order. Is the same kind of thing like when you set up MetaMask.
And you can’t avoid network fees. You always have to pay those, but different exchanges have different fee structures. There are a few decentralized exchanges like KyberSwap that have pretty low fees, otherwise fees are usually volume driven and you get them down by trading more. You don’t have to have a lot of money either, you just have to move it a lot, so make lots of small trades, but they obviously need to be large enough to cover your fees.
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Brad
Trakanon Raider
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To make sure you do not lose your seed which is extremely important, you can use something like CryptoSteel to place your seed in. That should survive a house fire, no prob!How do I avoid fees
And is this ledger nano S I bought worth using? Seems like if it gets broken I'm fucked?
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