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Gorak posted:I thought heavier elements could only be created in supernova. You can slam nuclei together in a particle accelerator and get heavier elements - that's how they got pretty much everything in the periodic table after 100 You can also throw protons/neutrons at nuclei and get isotopes of heavier elements All of this consumes shitloads of energy and produces very little amounts (hmm sounds familiar) Pochoclo fucked around with this message at 21:20 on Jan 22, 2018 |
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Jan 22, 2018 21:15
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Gorak posted:I thought heavier elements could only be created in supernova. How do you think elements which don't occur in nature were discovered?
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Jan 22, 2018 21:20
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Gorak posted:I thought heavier elements could only be created in supernova. recent work points to neutron stars as another source
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Jan 22, 2018 21:22
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Haha the Bittrex pumpers ran out of money which sent it all off a cliff. 4 million on the way, just another confirmation or two left. http://omnichest.info/lookuptx.aspx?txid=35072e008be497274fd1b4c9c0918a448efa007e0f008f06f58931a63f63352c
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Jan 22, 2018 21:26
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Alpha Mayo posted:Haha the Bittrex pumpers ran out of money which sent it all off a cliff. 4 million on the way, just another confirmation or two left. edit: based on the 1 min charts, gdax led bitfinex and bittrex on this short-term dump (beginning at 3:15 EST). bittrex was the laggard to gdax and bitfinex. so do you think it was "running out of money" that made bittrex dump, or was it following the other markets? Uranium 235 fucked around with this message at 21:40 on Jan 22, 2018 |
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Jan 22, 2018 21:30
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Uranium 235 posted:that recipient address has 430 million tether 
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Jan 22, 2018 21:34
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Uranium 235 posted:that recipient address has 430 million tether What How
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Jan 22, 2018 21:40
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Are there any good articles that summarize on the tether pumping nonsense? I've got some friends who are thinking about jumping into crypto and I'm trying to show them why this recent jump and recovery is bullshit and not some dumb proof of longevity.
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Jan 22, 2018 21:44
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Drav posted:What It's the Bittrex wallet. Second on the tether hodler list. That 4M transaction has nothing to do with printing tethers; the source address seems to do a lot of large trades. Probably not wash trades. Probably legal trades. I'm certain of it.
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Jan 22, 2018 21:46
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Mr Luxury Yacht posted:Are there any good articles that summarize on the tether pumping nonsense? I've got some friends who are thinking about jumping into crypto and I'm trying to show them why this recent jump and recovery is bullshit and not some dumb proof of longevity. Ok I think that "explain tether to me real quick" has been maybe asked a dozen times in the past few weeks, perhaps one could just flip back through the last few pages doing a ctrl + f to tether and you can enjoy the responses to your question
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Jan 22, 2018 21:47
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Mr Luxury Yacht posted:Are there any good articles that summarize on the tether pumping nonsense? I've got some friends who are thinking about jumping into crypto and I'm trying to show them why this recent jump and recovery is bullshit and not some dumb proof of longevity. it doesn't assume that the conspiracy theories are true but it takes them very seriously and talks about why people should be careful (or simply avoid) using tether it's pretty in-depth edit: for the record i do not use tether, i think it's too risky Uranium 235 fucked around with this message at 21:51 on Jan 22, 2018 |
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Jan 22, 2018 21:48
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Uranium 235 posted:this is a good one https://steemit.com/cryptocurrency/@cryptoscopia/making-sense-of-the-tether-situation Thanks, this is what I was looking for. Like yeah I know the questions been answered. Hell I was one of the one's asking in the previous pages. But an article might be easier to convince them with than second hand details from a forum.
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Jan 22, 2018 21:50
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Mr Luxury Yacht posted:Thanks, this is what I was looking for. Yeah I agree a writeup is a useful reference and that's a decent one, maybe we can point people to that in the future when they ask.
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Jan 22, 2018 21:58
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it doesn't matter if you use Tether or not, the entire market is inflated by them at this point. i seriously believe these millions of tethers are being sent to trading bots running on the other exchanges, the intermediary address being the wallet receiving address which gets auto-transferred into the master wallet for the exchange. And some of these pumps are just absurd right now if they aren't pumps but real traders  Market completely plummeting? Let's just throw $20K-$100K each at it in a span of 6 seconds. And really all you need to do is explain the zero sum concept and how money is constantly leaking out of the system due to block rewards, since miners typically sell their coins immediately to pay for electricity/GPUs and poo poo.
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Jan 22, 2018 22:04
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Starting to get close to 9000 territory again.
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Jan 22, 2018 22:08
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Waltzing Along posted:Starting to get close to 9000 territory again. Try 3000. No more tether printings. Bitfinex down to 26M. This is it.
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Jan 22, 2018 22:09
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Alpha Mayo posted:Try 3000. Why would they stop printing now? Did they say something to that effect?
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Jan 22, 2018 22:14
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Alpha Mayo posted:it doesn't matter if you use Tether or not, the entire market is inflated by them at this point. yes there are trading bots and arbitrage bots sending millions of dollars around all the time. the same thing happens in the stock market except on a much, much larger scale (not talking about manipulation--i'm talking about legitimate trading and arbitrage strategies). i believe there is manipulation in the crypto market but the things you're pointing out aren't examples of it
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Jan 22, 2018 22:17
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I meant they haven't printed anything in almost 3 days, and probably don't have time to.
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Jan 22, 2018 22:18
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Alpha Mayo posted:I meant they haven't printed anything in almost 3 days, and probably don't have time to.
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Jan 22, 2018 22:20
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Uranium 235 posted:why do you think it takes "time" Block confirmations
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Jan 22, 2018 22:20
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Alpha Mayo posted:Block confirmations
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Jan 22, 2018 22:22
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Alpha Mayo posted:I meant they haven't printed anything in almost 3 days, and probably don't have time to. They kind-of printed yesterday. The pile they printed on Friday was left steaming in Teher HQ until it was lukewarm and ready to be sent to Bitfinex on Sunday. Those have lasted them quite a while with what seems to be their new strategy. But they can barf out another 100M and have them propping up the ol' BTC on Bitfinex within half an hour if they want. Or maybe make it the first 250M dump?
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Jan 22, 2018 22:23
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Alpha Mayo posted:Try 3000.
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Jan 22, 2018 22:25
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Since the price of Bitcoin on Bitfinix is close to the "market" price of Bitcoin then either Tether printing doesn't affect the price, or it does AND therefore affects every exchange.
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Jan 22, 2018 22:27
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bitcoin will keep pumping along at 10-12k until authorities in Hong Kong arrest some bitfinex people and then everything's probably hosed
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Jan 22, 2018 22:31
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jimmyjams posted:could someone please make buttcoin. a crypto backed by butts my man, do I have an investment oppurtunity for you!
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Jan 22, 2018 22:34
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Ignoring tether, I think ultimately the money being sucked out of the ecosystem by miners has to be doing serious damage to the price. My napkin math shows basically $20 million every day at a price point of ~$10k. So the question every day is whether there's more or less than $20 million worth of new money flowing in. It just doesn't seem sustainable. Basically everyone who was buying into the hype last month has bought in by now, right? Edit: My lovely math was off by a factor of 12.5! Andy Dufresne fucked around with this message at 22:42 on Jan 22, 2018 |
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Jan 22, 2018 22:38
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Andy Dufresne posted:Ignoring tether, I think ultimately the money being sucked out of the ecosystem by miners has to be doing serious damage to the price. My napkin math shows basically $20 million every day at a price point of ~$10k. So the question every day is whether there's more or less than $20 million worth of new money flowing in. It just doesn't seem sustainable. Basically everyone who was buying into the hype last month has bought in by now, right? I haven't bought in but that's because I'm not mentally defective.
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Jan 22, 2018 22:46
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Bitcoin also generates approximately $5.4 million in fees daily if you combine the average transaction rate (~3.25 on Jan 21) and the average fee ($19.2 on Jan 21). At the peak in late December, fees were closer to $21.4 million daily. https://bitinfocharts.com/comparison/bitcoin-transactionfees.html https://blockchain.info/charts/transactions-per-second?timespan=24h&daysAverageString=7
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Jan 22, 2018 22:59
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Alpha Mayo posted:Try 3000. You guys sound like you’re edging it to bitcoin price charts Meanwhile I’m getting my dick sucked by Bitcoin Honeys (tru story bro) So good luck, I guess 👍 🍀
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Jan 22, 2018 23:14
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http://www.devonlive.com/news/devon-news/man-who-ordered-3000-bitcoin-1103432 Dude bought mining gear and got sent a boss baby DVD. The funny thing is this is just a more overt scam than the one he signed up for: "We're selling the Money Printing Machine rather than plugging it in ourselves because uh..."
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Jan 22, 2018 23:22
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Comfy Fleece Sweater posted:You guys sound like you’re edging it to bitcoin price charts I cum ever time I post. So tyvm
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Jan 22, 2018 23:28
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Inept posted:Bitcoin also generates approximately $5.4 million in fees daily if you combine the average transaction rate (~3.25 on Jan 21) and the average fee ($19.2 on Jan 21). At the peak in late December, fees were closer to $21.4 million daily. Those fees get paid to the miners though. 
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Jan 22, 2018 23:44
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I just got into buying Bitcoin and I have quite literally no other experience in investing in things. How do I calculate how much money crypto-currency will make me if Bitcoin goes up to x dollars? Are there any calculators out there where I can say "I bought X amount of Bitcoin at Y dollars. When Bitcoin reaches Z dollars, I will have this much money?"
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Jan 22, 2018 23:46
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Grump posted:I just got into buying Bitcoin and I have quite literally no other experience in investing in things. Elementary school arithmetic
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Jan 22, 2018 23:47
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A calculator would work, but if you really want to go all hip and retro I recommend pencil and paper.
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Jan 22, 2018 23:47
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Grump posted:I just got into buying Bitcoin and I have quite literally no other experience in investing in things. You buy it, hold it, then get your gold lambo sometime late this year, good time to buy too this is just the typical January dip and Chinese New Year.
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Jan 22, 2018 23:47
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Is there just a way to let the computer do the work for me and not have to use my brain?
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Jan 22, 2018 23:52
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Grump posted:Is there just a way to let the computer do the work for me and not have to use my brain? Source your quotes.
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