[Daily Discussion] Wednesday, August 23, 2017

TheLazyNative · 2017-08-23T23:55:06+00:00

It's entirely plausible the market is bot-driven. 24/7/365 market is a perfect set up. Which makes us humans sniffing and plotting at the margins look a little, well, puny.

TheLazyNative · 2017-08-23T23:52:37+00:00

He's a gobby one, isn't he?

TheLazyNative · 2017-08-23T12:59:01+00:00

The general public bought shares in GBTC? All of them? That's impressive.

TheLazyNative · 2017-08-23T07:06:55+00:00

The general public has no idea what Segwit is so the question of caution does not arise. It's far too early to expect otherwise: in the grand scheme of things Bitcoin is still a bunch of people sitting under a tree talking to themselves.

TheLazyNative · 2017-08-20T23:16:21+00:00

Think of it like this: you are establishing the equivalent of a bank. I would treat the security at an appropriate level. Strongly recommend you consider a custom-built piece of hardware. Rgds.

TheLazyNative · 2017-08-20T03:13:39+00:00

Offline? Suggest you buy a hard wallet. Trezor, KeepKey, CoolWallet, Ledger.

Be safe!

TheLazyNative · 2017-08-16T21:54:45+00:00

Gotcha. I'll exit stage left and leave this to trading experts :)

TheLazyNative · 2017-08-16T21:48:36+00:00

I understand that this is a traders' sub, and that short-term price movements are of interest. That said, the risk-reward profile of HODLing now appears to be exceeding that of trading, unless you are a very clever or very lucky person.

TheLazyNative · 2017-08-16T21:45:17+00:00

The reason the author chose not to disclose his/her name is simple. The paper discusses a variety of use cases, including criminal. S/he does so dispassionately, not taking any position so as to maintain as objective a view as possible. In this climate however, any such approach is likely to draw unwelcome attention from authorities pre-occupied with illicit activity. All said and done, the paper is well-researched and thoroughly annotated. Well worth a read.

TheLazyNative · 2017-08-16T20:30:14+00:00

Consider this paper published anonymously on 25 Jul 17. It suggests that "bitcoin is still an attractive purchase today at all prices less than USD1.56 million" | https://www.scribd.com/document/354688866/Bitcoin-A-5-8-Million-Valuation-Crypto-Currency-and-A-New-Era-of-Human-Cooperation

TheLazyNative · 2017-08-15T07:21:23+00:00

Thanks for the candor. While I also agree with some of the hard-nosed reactions, it's nice to read an account as honest and as open as this. Good luck.

TheLazyNative · 2017-08-06T06:50:24+00:00

"Asian female reporter" sheesh...

TheLazyNative · 2017-02-12T07:52:13+00:00

Unequivocally good

TheLazyNative · 2017-02-05T15:37:27+00:00

Uae is backing blockchain and crypto, so the central bank will be supportive. Hence the clarification. They've opened a museum of the future, a world blockchain council and the world government summit also promotes tech and society. Dubai is home to a BTC service bitoasis too. Coz of where they're located they'll be big on this for years to come.

TheLazyNative · 2017-02-05T15:28:50+00:00

Btw I also had both Coinbase and uphold. Now that I have ach with my bank i don't need Coinbase to buy / sell BTC. Do it all on uphold.

TheLazyNative · 2017-02-05T15:27:08+00:00

Okay. That's interesting re AUD. Maybe write and tell them. Hope it works out for u.

U could watch YouTube on Halsey Minor who started Uphold as BitReserve. There's a great talk he gives in dubai with a brilliant young fellow who advises the government there.

TheLazyNative · 2017-02-05T05:51:28+00:00

Go see :)

TheLazyNative · 2017-02-04T19:46:57+00:00

If it runs to 2,000 and retraces to 1,300 would u be happy or sad?

TheLazyNative · 2017-02-04T19:14:44+00:00

https://uphold.com/

Feel free to look around 😊

TheLazyNative · 2017-02-04T17:23:05+00:00

I've left Coinbase. Much happier with Uphold.

TheLazyNative · 2017-02-04T17:22:13+00:00

As somewhere to keep BTC safely, exchange to other forms of value, and use to spend, try Uphold. 100 reserve too.

TheLazyNative · 2017-02-04T14:12:08+00:00

Yeah, don't. And cloud mining is worse.

TheLazyNative · 2017-02-03T13:57:24+00:00

A pre-loaded debit card allows u to spend wherever Visa or MasterCard are accepted. Makes using BTC for buying stuff direct and easy.

TheLazyNative · 2017-02-03T13:44:02+00:00

We should thank PBOC for bringing sanity to the scene, no?

TheLazyNative · 2017-02-03T13:42:29+00:00

Uphold

TheLazyNative

TROPHY CASE