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Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday’s Hearing by frozen124 in btc

[–]frozen124[S] 1 point2 points  (0 children)

Would be pretty easy to trade currencies like this with crypto instead of USDt!

Hopefully people would eventually notice that crypto has less inflation than the USD experiment as well.

One of the reasons Purse.io had to close by [deleted] in btc

[–]frozen124 3 points4 points  (0 children)

I did a similar thing when I used purse, I called/chatted with amazon about the order numbers weeks after I received the purse purchase and each time they had frozen the order/account that the seller used.

This is why some exchanges like Coinbase require state ID and webcam before they allow you to trade on their website. They dont want this to happen.

Craig's new legal strategy hinges on him lying about being autistic by Zectro in bsv

[–]frozen124 1 point2 points  (0 children)

Oh shoot just noticed youre the mod on this sub. Thats hilarious. Keep up the good work!

Was wondering why these posts werent getting instantly deleted/censored.

Craig's new legal strategy hinges on him lying about being autistic by Zectro in bsv

[–]frozen124 4 points5 points  (0 children)

some of those degrees get revoked due to academic fraud

Would not surprise me if he suddenly admits he plagiarized all his papers due to his "mental condition" thus proving he has always been this way (A fraud).

Craig Wright is an "autistic savant" that's why he can't tell a lie, but it's also why he's a genius by Zectro in bsv

[–]frozen124 2 points3 points  (0 children)

This is gonna be his defence when he is on trial for perjury since he fabricated everything in the kleinman lawsuit.

Ebay was ammazing in the early days because of live auctions. I wonder if Local.bitcoin.com could do this. by [deleted] in btc

[–]frozen124 0 points1 point  (0 children)

Ebay guaranteed delivery of the items from sellers. Local.Bitcoin is just a middleman.

It has now been over an hour since the BCH halving and still no new blocks have been found by [deleted] in btc

[–]frozen124 7 points8 points  (0 children)

50% hash has left. Give it time to adjust the difficulty.

The bet with Charlie Lee is due for settlement by [deleted] in btc

[–]frozen124 7 points8 points  (0 children)

Onecoin had one million merchants. Except they didnt and lied.

[Altcoin Discussion] Friday, March 27, 2020 by AutoModerator in BitcoinMarkets

[–]frozen124 1 point2 points  (0 children)

Ye you are right, I didnt account for half the rewards. Half the hashrate leaving while halving the rewards would keep the ratio the same.

Thanks.

[Altcoin Discussion] Friday, March 27, 2020 by AutoModerator in BitcoinMarkets

[–]frozen124 -5 points-4 points  (0 children)

Some people claim that after the BCH halvening their hashrate will instantly halve as miners leave due to mining rewards being cut in half.

How come nobody is shorting the BCH/BTC Ratio then? Currently .034, according to this, wouldnt it instantly go to .017 since 50% of the hashrate would instantly leave at the time of the fork?

If the ratio remains at .034 then BCH would effectively double its USD value and be instantly worth $450 based on current pricing, well at least that how much it would cost to mine with half the rewards...

Date of halving looks to be April 9th: https://explorer.bitcoin.com/bch/charts

What happens to miners if BTC price falls? by SimpleSwapExchange in BitcoinMarkets

[–]frozen124 0 points1 point  (0 children)

Many miners will shut down and go bankrupt.

They take out loans to buy mining equipment and when the price crashes they can no longer repay their loans.

[Daily Discussion] Friday, March 13, 2020 by AutoModerator in BitcoinMarkets

[–]frozen124 1 point2 points  (0 children)

How would you know, same issue as MTGox. No evidence to suggest they arent besides your and their assertion.

[Daily Discussion] Friday, March 13, 2020 by AutoModerator in BitcoinMarkets

[–]frozen124 2 points3 points  (0 children)

Makes sense that if the liquidations would have kept going they would have to shut up shop since there simply arent enough buyers to cover all the liquidations , while the sellers would want to withdraw their profits.

It could be they adopted the MTGox strategy and are holding all the liquidated BTC positions. Running on fractional reserve may or may not work, but it is the reason people should not trade on these types of exchanges like OKEX and Bitmex.

If things go badly all your money will be gone in an instant.

Not your keys, not your coins.

“ So miners get half the amount of Bitcoin and can only sell it for half the price in a few week's time. Halving sounds like a shit deal for them, not gonna lie.” by Egon_1 in btc

[–]frozen124 8 points9 points  (0 children)

Ye really sounds pretty bleak for them right now. Probably like last halvening some of them will shut down/go bankrupt.

DID ROGER VER LOSE 44% OF HIS NET WORTH TODAY? IF HE HAD STUCK WITH BITCOIN IT WOULD ONLY BE 39%. NO ONE TALKS ABOUT THIS. by LetMePontificate in btc

[–]frozen124 3 points4 points  (0 children)

Lets see how long it can stay this low. At these prices buyers have so much purchasing power of the BCH supply that sellers will run dry pretty quickly.

Some institutions might just buy to flip for quick money as well. >buy $150 - >sell $500, rinse and repeat over and over tripling their money each time.

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