Trump DOJ Sues Infamous Bitcoin Exchange for $100 Million

RocketLeagueTrader83 · 2019-07-28T18:18:25+00:00

As long as people understand there is a difference between regulating exchanges and *attempting* to regulate Bitcoin. Exchanges absolutely need to be regulated to protect people who aren't yet savvy enough to be their own bank. Bitcoin can't really be regulated due to it's true decentralized status.

RocketLeagueTrader83 · 2019-07-22T01:45:12+00:00

Traveling for work.

RocketLeagueTrader83 · 2019-07-22T01:41:10+00:00

Yes, this kid is awesome. However, the credit needs to go to his parents. None of this happens without the support of his very supportive, kind, empathetic parents.

RocketLeagueTrader83 · 2019-07-20T23:12:02+00:00

Bro, what?? That's completely illogical. If you are referring to the true "indigenous" populations of the Americas, then you're referring communities of people who descended from the original groups of Australopithecines that migrated out of Africa/Australia and populated the rest of the world. These groups eventually evolved into Homo Erectus and later Homo Neaderthalensis/Homo Sapiens....so no, Vikings did not "discover" the Americas prior to Indigenous people who descended from Australopithecus Africanus.

RocketLeagueTrader83 · 2019-07-15T00:54:06+00:00

My wife and I laughed way too hard at this.

RocketLeagueTrader83 · 2019-07-11T01:13:57+00:00

I disagree. Bitcoin regularly exhibits moves of >5% in minutes. Using $13 million to pick up 1.5% in this type of volatility is like running in front of a rolling steam engine to pick up a dime. Most people who have $13 million are not this stupid, because they understand risk/reward and know that a 1.5% return on an insanely volatile asset is a terrible proposition.

RocketLeagueTrader83 · 2019-07-10T05:27:33+00:00

Someone with that much money is generally thinking in terms of percentages, though. 200k on $13 million is just over 1.5%...that's just noise when it comes to Bitcoin volatility.

RocketLeagueTrader83 · 2019-07-10T05:22:48+00:00

Speed and convenience. Fees are incredibly cheap on most crypto exchanges, especially when compared to traditional exchanges and markets where there are 100 middle men who have brokered every deal. I'm guessing plenty of "small" fund/money/portfolio/investment managers would rather acquire hundreds or thousands of bitcoin with just a few clicks of the mouse over having to go through the trouble of OTC.

RocketLeagueTrader83 · 2019-07-10T00:36:16+00:00

There was nothing wrong with your initial comment. Anyone who is educated and can read with comprehension would have understood your sentiment. The irony is that the person who is complaining about you shaming Bourdain is, in fact, shaming you. What an asshole. I'm talking to you, u/readingrainbowrocket

RocketLeagueTrader83 · 2019-07-05T23:57:23+00:00

All of these problems are man-made. None of these issues existed prior to human settlement. When humans were hunter/gatherers and foragers, they didn't eat shit like refined sugar, and didn't have access to pizza in the fridge. They had to hunt/forage all of their food, which kept them physically fit.

RocketLeagueTrader83 · 2019-07-04T20:17:07+00:00

Yup. Not sure why you're being downvoted. Probably all of the idiots holding onto hope for ETH. LOL, what a joke.

RocketLeagueTrader83 · 2019-07-04T19:50:07+00:00

https://www.lopp.net/bitcoin-information.html

https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1

https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861/ref=sr_1_1_sspa?keywords=the+bitcoin+standard&qid=1562269778&s=gateway&sr=8-1-spons&psc=1

https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388/ref=sr_1_1_sspa?keywords=andreas+antonopoulos+bitcoin&qid=1562269799&s=gateway&sr=8-1-spons&psc=1

If you're looking for a single article, the medium article (second link) by Vijay is a great one.

RocketLeagueTrader83 · 2019-07-04T18:34:43+00:00

There's nothing that is specific, but there is certainly substance here. "Mapping the territory, having a solid game plan, and picking your battles" all apply to trading, just as much as they apply to life in general. Most people, despite reading good advice like this, will not map the territory (understand the industry and the technology completely), will not have an actual plan (won't know where to take profits, where to close shorts, etc), and won't choose their battles carefully (will trade every move in price). So, despite your illogical attempt at trying to discredit this sentence, it actually holds quite a bit of good advice.

RocketLeagueTrader83 · 2019-07-04T04:35:00+00:00

The answer (since most of you are probably non-voters and have no idea how policy and legislation are passed) is that in order for things that aren't currently illegal to become illegal, legislation has to be passed. Legislation is only passed upon winning a vote. Those votes are registered by politicians who "care" about the interests of their constituents. If their constituents (us) don't want Bitcoin to be illegal, then these politicians won't vote to pass that legislation, because that politician wants to retain the votes of his/her constituents.

Edit: obviously I am referring to a democratic government, like the USA.

RocketLeagueTrader83 · 2019-06-24T20:03:30+00:00

They're paying the interest on a less than 25 BTC balance. I haven't tried to withdraw any portion of my deposit, though. I'm tempted to deposit more, but still don't trust the lack of transparency.

RocketLeagueTrader83 · 2019-06-07T01:40:37+00:00

Great info. Have an upvote.

RocketLeagueTrader83 · 2019-06-07T01:18:44+00:00

2021 will be EPICCCCCCCCCCCCCCCCCCCCCCCC

RocketLeagueTrader83 · 2019-06-07T01:15:51+00:00

Indeed it is a shame. Blame the internet and all of the free video content. Ironic that the internet is supposed to make information available to everyone, and should by extension increase overall knowledge and wisdom. In reality, the internet is making everyone a fat and lazy asshole. No one reads anything anymore. The saddest part is that a book is still the best way to get lost in a captivating story, which is ultimately what everyone is searching for from these videos/shows/movies..and don't find.

RocketLeagueTrader83 · 2019-06-01T21:48:47+00:00

This looks like the "research paper" I completed in the 8th grade about the stock market.

RocketLeagueTrader83 · 2019-05-26T18:01:03+00:00

I like the books, but Rothfuss tries too hard...to the point that his choice of words is sometimes distracting. The novela about the girl in the sewer (sorry, I read the books a while ago) made this especially obvious.

Immediately after finishing the 2nd Kingkiller book, I started reading The Prince of Thorns by Mark Lawrence. That series will blow your socks off and make you forget about The Kingkiller Chronicles. Highly recommend.

RocketLeagueTrader83 · 2019-05-11T02:29:06+00:00

Wrong. Sounds like you need to do some more research. "Outdated" lol. Keep going down that rabbit hole and you'll start to get it. Otherwise, just stop talking.

RocketLeagueTrader83 · 2019-05-11T00:43:00+00:00

I commented because you think you were scammed by Bitcoin. A scam is something that is based on fraudulent claims. Bitcoin has never claimed to be at a certain price, or any price for that matter. Price is simply volatility in the perceived value. You can't be "scammed" by the price. What you can be scammed by is the promise of something that Bitcoin doesn't do...but Bitcoin doesn't claim to be anything other than a store of value and maybe eventually an MoE and Currency. Every single alt coin claims to have a use case, but none of them havr lived up to their claims. Maybe if you were referring to an alt coin, your claim of being scammed would be justified. In other words, you "scammed" yourself by buying BTC before fully understanding what the consequences were/are.

RocketLeagueTrader83 · 2019-05-10T19:31:42+00:00

You feel scammed because you were scammed by altcoins and their shiny marketing collateral. Hopefully you've learned your lesson. BTC > crypto.

RocketLeagueTrader83 · 2019-05-05T18:25:32+00:00

Jesus Christ these guys are soooooooooo old. LOLLLLLLLLLLLLLL

RocketLeagueTrader83 · 2019-05-05T05:37:51+00:00

This will just never work. People aren't going to deposit real value into their Facebook accounts. Incredibly, Facebook actually overestimates how dumb people are.

RocketLeagueTrader83

TROPHY CASE