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i can't believe they acttually said, "do your own research"
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Jul 15, 2021 01:32
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what a jizz lobber
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Jul 15, 2021 01:32
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Do the Wrong Thing
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Jul 15, 2021 01:33
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Shill’s Gotta Have It
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Jul 15, 2021 03:13
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lol buttcoin would be loving useless if it wasn't able to be traded for USD
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Jul 15, 2021 03:15
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I don't know if I've seen an ad with credits before.
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Jul 15, 2021 03:15
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Alan Smithee posted:Do the Wrong Thing
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Jul 15, 2021 03:20
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25th hour but it is bitcoin influencers getting caught for a pump and dump going away for 18months
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Jul 15, 2021 03:38
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It's been like 2-3 months since there has been anything going on in the bitcoin world. It's been strangely static, sometimes peaking over the 35k but keep going back down to hover around 32k I know that it get tether infusion if it reach under 30k but I wonder how long is it going to last until it either crash or spike again.
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Jul 15, 2021 11:39
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Following the averages, it's dropping approximately 1% a week. There were similar periods after the past couple of crashes. Could be like this for a few months.
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Jul 15, 2021 12:08
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Looking at volumes on actual-dollar exchanges, the retail suckers came along in February and had gone home by May. So at present the price is Wile E. Coyote suspended above the canyon, about to take some gravity lessons.
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Jul 15, 2021 12:47
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I loving hate when someone says “Do your own research” or “Educate yourself” or “Look it up” because holy poo poo, do they know how the internet works? You’ll find whatever feels the most right based on whatever biases you have. I mean, “look it up” works if we’re talking about learning how to do something or perform a task. It doesn’t work with something complex that has social factors in it — like trying to understand how currency works. And yeah, paper money has a bunch of white people on it and should reflect contemporary America more. That doesn’t mean loving cryptocurrency is in any way an answer. Yeah Spike, the people in the oppressed underclass you’re talking to are for sure going to be able to “educate themselves” when the internet is full of people trying to rip them off. gently caress this guy for acting like crypto is somehow going to help marginalized people. I mean, might help them get trafficked more efficiently maybe? What an rear end in a top hat.
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Jul 15, 2021 13:42
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Davies Gerry should promote his stuff better, didn't know about the "When The Music Stops" podcasts. Thanks for mentioning it! I think considering he's essentially relaying our most valuable posts, he should keep us in the know.
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Jul 15, 2021 13:53
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divabot posted:Looking at volumes on actual-dollar exchanges, the retail suckers came along in February and had gone home by May. So at present the price is Wile E. Coyote suspended above the canyon, about to take some gravity lessons. Do you have the google search terms to get this chart/data? This sounds like a fun watch, and all I can find are sites that want me to convert dollars into bitcoin.
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Jul 15, 2021 14:55
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It's on yahoo finance. You can get all sorts of charts and history there.
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Jul 15, 2021 15:13
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divabot posted:Looking at volumes on actual-dollar exchanges, the retail suckers came along in February and had gone home by May. So at present the price is Wile E. Coyote suspended above the canyon, about to take some gravity lessons. Volume was standing at around 50-60 billion transactions per day back in February and we're now averaging 20-25 billion. This tracks with the price roughly halving from the peak but of course we aren't dealing with a real security here and the numbers are complete fiction. I wouldn't be surprised if a large chunk of that volume is just willybots wash trading back and forth using Tethers/USDC but nothings certain until the people running these scams see a court room and lol if that ever happens.
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Jul 15, 2021 15:26
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Alan Smithee posted:Do the Wrong Thing 
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Jul 15, 2021 16:38
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Fame Douglas posted:Davies Gerry should promote his stuff better, didn't know about the "When The Music Stops" podcasts. Thanks for mentioning it! I mention them in the blog. Here's the youtube audio of the twitter spaces binance thing. quite playable at 1.25x. MickeyFinn posted:Do you have the google search terms to get this chart/data? This sounds like a fun watch, and all I can find are sites that want me to convert dollars into bitcoin. nuh! I need to do something with the coingecko API i think. Beached Whale posted:Volume was standing at around 50-60 billion transactions per day back in February and we're now averaging 20-25 billion. This tracks with the price roughly halving from the peak but of course we aren't dealing with a real security here and the numbers are complete fiction. I wouldn't be surprised if a large chunk of that volume is just willybots wash trading back and forth using Tethers/USDC but nothings certain until the people running these scams see a court room and lol if that ever happens. ah I'm specifically talking about exchange volume, and that on actual-dollar exchanges
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Jul 15, 2021 22:36
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Using Benford's Law to Detect Bitcoin Manipulation
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Jul 15, 2021 23:42
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Ah but did they account for an Elon Musk tweet?
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Jul 15, 2021 23:50
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I think this is a flawed analysis, as the market price of a single stock/coin could be 'stuck' in specific leading digits for large periods of time. It would be better to use the amounts traded in all individual trades as the data source. Like, let's say you have a very stable government bond or something that started trading 20 years ago, at the price of $300 per share, and is now trading at $500. A Benford's Law analysis would show that it has absolutely no prices with 1 and 2 as the leading digits, but this is not a case of manipulation, just using the law on data types where it doesn't fit. ymgve fucked around with this message at 00:12 on Jul 16, 2021 |
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Jul 16, 2021 00:03
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The creator of dogecoin confirming what this thread and forum have been saying for years. https://mobile.twitter.com/ummjackson/status/1415353985406406658
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Jul 16, 2021 01:14
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its kinda funny that dogecoin, the one that was actually created to mock the entire situation, ended up being more of the same glad to hear the nerd behind it saying so also gently caress everyone who ever made money off crypto and is proud of ripping off a bunch of random people who didn't know better
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Jul 16, 2021 03:08
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https://twitter.com/dee_bosa/status/1415357381685436429
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Jul 16, 2021 05:03
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oh you are concerned about tether well let me tell you about another fractional reserve scam called the US DOLLAR!!!! 
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Jul 16, 2021 05:18
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MickeyFinn posted:Do you have the google search terms to get this chart/data? This sounds like a fun watch, and all I can find are sites that want me to convert dollars into bitcoin. Tradingview has decent charts by exchange. Here's Coinbase for example: https://www.tradingview.com/chart/?symbol=COINBASE%3ABTCUSD As shouldnt be too surprising, volume tends to increase when price is changing the most: 
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Jul 16, 2021 05:23
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tehinternet posted:I loving hate when someone says “Do your own research” or “Educate yourself” or “Look it up” because holy poo poo, do they know how the internet works? You’ll find whatever feels the most right based on whatever biases you have. Fond memories of when people said 'It's not my job to educate you' unironically.
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Jul 16, 2021 05:34
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Ghost Leviathan posted:Fond memories of when people said 'It's not my job to educate you' unironically. Well sometime I go to that line but it's usually after arguing for a while and the other person is a bad faith actor. I am tired of arguing against mount and bailey, gishgalop or JAQing ( "I am just asking question") off. edit: spelling Bleusilences fucked around with this message at 12:48 on Jul 16, 2021 |
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Jul 16, 2021 06:30
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drk posted:Tradingview has decent charts by exchange. The only charts I trust are logarithmic scales. And any random chart from ghosTitty
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Jul 16, 2021 07:07
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Bleusilences posted:Well sometime I go to that line but it's usually after arguing for a while and the other person is a bad fate actor.\ yeah i hate fate grand order too
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Jul 16, 2021 07:44
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I am not a troll by choice, but rather by destiny.
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Jul 16, 2021 09:16
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divabot posted:ah I'm specifically talking about exchange volume, and that on actual-dollar exchanges You're absolutely right, looking at the actual USD volume for Coinbase in Tradingview is just pathetic, perhaps 5k-10k transactions at most, and this company is valued at 46.87 BILLION dollars!? EDIT: I didn't realize I was talking to the Divabot. I watched Cryptopia recently and was super excited when you came on and was so bummed when they'd edit you to cut you off right before you launched into some spiel about how stupid this whole thing is. There were still several moments of heavy sarcasm the butter director couldn't detect that made me laugh though, thanks for your work over the years. Beached Whale fucked around with this message at 13:58 on Jul 16, 2021 |
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Jul 16, 2021 13:54
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If you were expecting to see a lot of real USD trading, think again. Most of the volume in crypto exchanges is with stablecoins, which are largely unregulated, and in the case of Tether, likely mostly backed by uncollectable debt and coiner wishcasting. Here's the top 5 BTC markets by volume:  #1 and #4 are direct pairs with Tether. #2 is FTX, who is one of the largest Tether partners and also has no KYC/AML (so, money laundering friendly). #3 is Binance's stablecoin which I dont know much about, other than its actually issued by a US company - either way Binance is sketchy, so even if this stablecoin is 100% backed, I wouldn't assume people wont get burned when Binance fails (or, gets banned in their country, as has happened in quite a few places recently). That just leaves Coinbase at #5 - they're certainly the least shady player there, but regulations on cryptocurrency related business are still pretty light. The USD is probably real and in a bank account somewhere, but even Coinbase has been caught (and fined for) wash trading.
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Jul 16, 2021 15:43
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Beached Whale posted:You're absolutely right, looking at the actual USD volume for Coinbase in Tradingview is just pathetic, perhaps 5k-10k transactions at most, and this company is valued at 46.87 BILLION dollars!? New Kids on the Blockchain came out better, they included more of me saying my piece. It's another film that they worked on for years and got screwed by COVID, so they just went "gently caress it" and put it up on their YouTube. They're filming another one, I need to arrange my appearance to say why DeFi is poo poo. https://www.youtube.com/watch?v=MoAW5asXPss
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Jul 17, 2021 00:45
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Police Destroy 1,069 Bitcoin Miners With Big rear end Steamroller In Malaysiaquote:Malaysian authorities did not mess around when they broke up a cryptocurrency mining farm and charged the operators with stealing electricity.  https://www.vice.com/en/article/7kv739/police-destroy-1069-bitcoin-miners-with-big-rear end-steamroller-in-malaysia
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Jul 17, 2021 07:31
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No. Not all those fans, they could still be useful.
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Jul 17, 2021 09:31
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Adolf Glitter posted:Police Destroy 1,069 Bitcoin Miners With Big rear end Steamroller In Malaysia Really got my hopes up with that headline.
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Jul 17, 2021 10:22
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I've been retired a long time but you'd better believe I'd go back to work if I could have the job of cryptosporidium big rear end steamroller operator
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Jul 17, 2021 10:47
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Adolf Glitter posted:Police Destroy 1,069 Bitcoin Miners With Big rear end Steamroller In Malaysia
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Jul 17, 2021 13:00
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Beef posted:No. Not all those fans, they could still be useful. Turn all the fans on to cool the earth to make up for the global warming accelerated by cryptocurrency.
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Jul 17, 2021 13:15
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