2010 - Bitcoin Wiki

On 15 August 2010 over 184 billion bitcoins were generated in a transaction, and sent to two addresses on the network. Within hours, the transaction was spotted and erased from the transaction log after the bug was fixed and the network forked to an updated version of the bitcoin protocol.

On 15 August 2010 over 184 billion bitcoins were generated in a transaction, and sent to two addresses on the network. Within hours, the transaction was spotted and erased from the transaction log after the bug was fixed and the network forked to an updated version of the bitcoin protocol. submitted by Teckel22 to ethtrader [link] [comments]

Exactly 10 years ago Someone did a transfer of 184M BTC

Exactly 10 Years ago someone found a bug in bitcoin code that allowed him to transfer 184M bitcoins to 3 different address .

On August 15 2010, it was discovered that block 74638 contained a transaction that created 184,467,440,737.09551616 bitcoins for three different addresses.[1][2][3] Two addresses received 92.2 billion bitcoins each, and whoever solved the block got an extra 0.01 BTC that did not exist prior to the transaction. This was possible because the code used for checking transactions before including them in a block didn't account for the case of outputs so large that they overflowed when summed.[4]
A new version of the client was published within five hours of the discovery that contained a soft forking change to the consensus rules that rejected output value overflow transactions (as well as any transaction that paid more than 21 million bitcoins in an output for any reason).[5] The block chain was forked. Although many unpatched nodes continued to build on the "bad" block chain, the "good" block chain overtook it at a block height of 74691[6] at which point all nodes accepted the "good" blockchain as the authoritative source of Bitcoin transaction history.
The bad transaction no longer exists for people using the longest chain. Therefore, the bitcoins created by it do not exist either. While the transaction does not exist anymore, the 0.5 BTC that was consumed by it does. It appears to have come from a faucet and has not been used since.[7]
source : https://en.bitcoin.it/wiki/Value_overflow_incident

How I even know this ?
I know a guy that I've been to school with and he's been with bitcoin since 2010, while I criticized it and ignored it . lately we've been catching up and talk a lot, he said basically someone is probably manipulating the network in different way while we are unaware of.
"The 184M transaction was bold, everyone could have seen it. In the real world if A really good hacker would do the job , he would do it without us noticing, it will be under the surface, it might be too late if ever could someone else even notice"
I wanted to ask the community what do you think of that ?
could there ever be a way that someone else is using the network to benefit his own needs while exploiting some bug in the network we cant even see?
or that's not possible and he is fooling me ?
submitted by Beginning-Addendum30 to Bitcoin [link] [comments]

Exactly 10 years ago Someone did a transfer of 184M BTC

Exactly 10 Years ago someone found a bug in bitcoin code that allowed him to transfer 184M bitcoins to 3 different address .
On August 15 2010, it was discovered that block 74638 contained a transaction that created 184,467,440,737.09551616 bitcoins for three different addresses.[1][2][3] Two addresses received 92.2 billion bitcoins each, and whoever solved the block got an extra 0.01 BTC that did not exist prior to the transaction. This was possible because the code used for checking transactions before including them in a block didn't account for the case of outputs so large that they overflowed when summed.[4] A new version of the client was published within five hours of the discovery that contained a soft forking change to the consensus rules that rejected output value overflow transactions (as well as any transaction that paid more than 21 million bitcoins in an output for any reason).[5] The block chain was forked. Although many unpatched nodes continued to build on the "bad" block chain, the "good" block chain overtook it at a block height of 74691[6] at which point all nodes accepted the "good" blockchain as the authoritative source of Bitcoin transaction history. The bad transaction no longer exists for people using the longest chain. Therefore, the bitcoins created by it do not exist either. While the transaction does not exist anymore, the 0.5 BTC that was consumed by it does. It appears to have come from a faucet and has not been used since.[7]
source : https://en.bitcoin.it/wiki/Value_overflow_incident
How I even know this ?
I know a guy that I've been to school with and he's been with bitcoin since 2010, while I criticized it and ignored it . lately we've been catching up and talk a lot, he said basically someone is probably manipulating the network in different way while we are unaware of.
"The 184M transaction was bold, everyone could have seen it. In the real world if A really good hacker would do the job , he would do it without us noticing, it will be under the surface, it might be too late if ever could someone else even notice"
I wanted to ask the community what do you think of that ?
could there ever be a way that someone else is using the network to benefit his own needs while exploiting some bug in the network we cant even see?
submitted by Beginning-Addendum30 to BitcoinBeginners [link] [comments]

Flatten the Curve. #49. Let's Dig into Jade Helm. AI. The Surveillance State. Internet of Things. FISA. Pentagon Preparing for Mass Civil Breakdown. What is Mob Excess Deterrent Using Silent Audio? Stay Aware and Get Ahead of the Curve.

Flatten the Curve. Part 48. Source Here
It's getting crazier day by day now, so are you following the Boy Scout motto?
On this topic, Baden-Powell says: Remember your motto, "Be Prepared." Be prepared for accidents by learning beforehand what you ought to do in the different kinds that are likely to occur. Be prepared to do that thing the moment the accident does occur. In Scouting for Boys, Baden-Powell wrote that to Be Prepared means “you are always in a state of readiness in mind and body to do your duty.”
Why should you be prepared? Because TPTB have been preparing, that’s why.
June 12, 2014: The Guardian • Pentagon preparing for mass civil breakdown. Social science is being militarised to develop 'operational tools' to target peaceful activists and protest movements Source Here
Pentagon preparing for mass civil breakdown. It seemed ludicrous back in 2014, didn't it? Inconceivable. Sure some preppers believed it, but they're always getting ready and nothing happened. Doomsday was always right around the corner, and then the next corner, and on and on. Televangelists have probably accused more politicians of being the antichrist than the number of politicians went to Epstein's Island.
But why would they be preparing for mass civil breakdown? Could it be the same reason as why the miltary is preparing for war, droughts and famines brought about by environmental collapse?
February 20, 2020: History Network • Here’s Why These Six Ancient Civilizations Mysteriously Collapsed. From the Maya to Greenland’s Vikings, check out six civilizations that seemingly disappeared without a trace. Source Here
All of these civilizations vanished because of some combination of exhausting their natural resources, drought, plauge, and the little ice age. Sound familiar? Don't tell me that the Rockefeller Foundation and BlackRock became environmentally aware out of a sense of obligation to the planet. They're setting the groundwork for what's coming down the pipe. This isn't about money anymore, this is about control and survival. Throw out the rulebook because the rules no longer apply.
Do you think the surveillance system is for your protection, or the protection of the state? Don't you think that an era of upcoming calamities will severely damage the communication networks, and thus the surveillance system? It might be prudent to consider that Starlink is being established to make the system redundant, so that they never lose track of the precious worker bees before they can be connected to the AI hive mind, right Elon? Neuralink, don't leave home without it.
But let's not forget about the wonderful world of the Internet of Things.
March 15, 2012 • More and more personal and household devices are connecting to the internet, from your television to your car navigation systems to your light switches. CIA Director David Petraeus cannot wait to spy on you through them. Earlier this month, Petraeus mused about the emergence of an "Internet of Things" -- that is, wired devices -- at a summit for In-Q-Tel, the CIA's venture capital firm. "'Transformational' is an overused word, but I do believe it properly applies to these technologies," Petraeus enthused, "particularly to their effect on clandestine tradecraft." All those new online devices are a treasure trove of data if you're a "person of interest" to the spy community. Once upon a time, spies had to place a bug in your chandelier to hear your conversation. With the rise of the "smart home," you'd be sending tagged, geolocated data that a spy agency can intercept in real time when you use the lighting app on your phone to adjust your living room's ambiance. "Items of interest will be located, identified, monitored, and remotely controlled through technologies such as radio-frequency identification, sensor networks, tiny embedded servers, and energy harvesters -- all connected to the next-generation internet using abundant, low-cost, and high-power computing," Petraeus said, "the latter now going to cloud computing, in many areas greater and greater supercomputing, and, ultimately, heading to quantum computing." Petraeus allowed that these household spy devices "change our notions of secrecy" and prompt a rethink of "our notions of identity and secrecy." All of which is true -- if convenient for a CIA director. The CIA has a lot of legal restrictions against spying on American citizens. But collecting ambient geolocation data from devices is a grayer area, especially after the 2008 carve-outs to the Foreign Intelligence Surveillance Act. Hardware manufacturers, it turns out, store a trove of geolocation data; and some legislators have grown alarmed at how easy it is for the government to track you through your phone or PlayStation. That's not the only data exploit intriguing Petraeus. He's interested in creating new online identities for his undercover spies -- and sweeping away the "digital footprints" of agents who suddenly need to vanish. "Proud parents document the arrival and growth of their future CIA officer in all forms of social media that the world can access for decades to come," Petraeus observed. "Moreover, we have to figure out how to create the digital footprint for new identities for some officers." Source Here
December 19, 2019: New York Times • THE DATA REVIEWED BY TIMES OPINION didn’t come from a telecom or giant tech company, nor did it come from a governmental surveillance operation. It originated from a location data company, one of dozens quietly collecting precise movements using software slipped onto mobile phone apps. You’ve probably never heard of most of the companies — and yet to anyone who has access to this data, your life is an open book. They can see the places you go every moment of the day, whom you meet with or spend the night with, where you pray, whether you visit a methadone clinic, a psychiatrist’s office or a massage parlor. The Times and other news organizations have reported on smartphone tracking in the past. But never with a data set so large. Even still, this file represents just a small slice of what’s collected and sold every day by the location tracking industry — surveillance so omnipresent in our digital lives that it now seems impossible for anyone to avoid. It doesn’t take much imagination to conjure the powers such always-on surveillance can provide an authoritarian regime like China’s. Within America’s own representative democracy, citizens would surely rise up in outrage if the government attempted to mandate that every person above the age of 12 carry a tracking device that revealed their location 24 hours a day. Yet, in the decade since Apple’s App Store was created, Americans have, app by app, consented to just such a system run by private companies. Now, as the decade ends, tens of millions of Americans, including many children, find themselves carrying spies in their pockets during the day and leaving them beside their beds at night — even though the corporations that control their data are far less accountable than the government would be. Source Here
The IoT should be renamed to IoTT (Internet of Tracking Things), shouldn't it. But we can't have people figure out what's really happening, can we? It's a good thing that quantum computing isn't too close, isn’t it?
April 5, 2018: Global News • (Project Maven) Over 3,000 Google employees have a signed a petition in protest against the company’s involvement with a U.S. Department of Defense artificial intelligence (AI) project that studies imagery and could eventually be used to improve drone strikes in the battlefield. Source Here
December 12, 2019 • Palantir took over Project Maven defense contract after Google backed out. Source Here
December 29, 2020: Input • Palantir exec says its work is on par with the Manhattan Project. Comparing AI to most lethal weapon in human history isn’t comforting. SourceHere
August 14, 2020: Venture: • Google researchers use quantum computing to help improve image classification. Source Here
Hmmm. Maybe Apple will be for the little guy? They have always valued privacy rights, right?
October 2, 2013: Vice News • The hacktivist group Anonymous released a video statement with an accompanying Pastebin document claiming that there are definitive links between AuthenTec, the company that developed the iPhone 5S’s fingerprint scanner, and the US government. Source Here
An apple a day helps the NSA. Or Google. Or Microsoft. Or Amazon. Take your pick from the basket, because dem Apple's are all the same. But at least we have fundamental rights, right?
Foreign agent declaration not required • No mention of foreign agent status is made in the Protect America Act of 2007. Under prior FISA rules, persons targeted for surveillance must have been declared as foreign agents before a FISA warrant would be accorded by the FISC court.
'Quasi-anti-terrorism law' for all-forms of intelligence collection • Vastly marketed by U.S. federal and military agencies as a law to prevent terror attacks, the Protect America Act was actually a law focused on the 'acquisition' of desired intelligence information, of unspecified nature. The sole requirement is geolocation outside the United States at time of Directive invocation; pursuant to Authorization or Order invocation, surveillance Directives can be undertaken towards persons targeted for intelligence information gathering. Implementation of Directives can take place inside the United States or outside the United States. No criminal or terrorism investigation of the person need be in play at time of the Directive. All that need be required is that the target be related to an official desire for intelligence information gathering for actions on part of persons involved in surveillance to be granted full immunity from U.S. criminal or civil procedures, under Section 105B(l) of the Act.
Removal of FISA Strictures from warrant authorization; warrants not required • But the most striking aspect of the Protect America Act was the notation that any information gathering did not comprise electronic surveillance. This wording had the effect of removing FISA-related strictures from Protect America Act 2007-related Directives, serving to remove a number of protections for persons targeted, and requirements for persons working for U.S. intelligence agencies.
The acquisition does not constitute electronic surveillance • The removal of the term electronic surveillance from any Protect America Act Directive implied that the FISC court approval was no longer required, as FISA warrants were no longer required. In the place of a warrant was a certification, made by U.S. intelligence officers, which was copied to the Court. In effect, the FISC became less of a court than a registry of pre-approved certifications.Certifications (in place of FISA warrants) were able to be levied ex post facto, in writing to the Court no more than 72 hours after it was made. The Attorney General was to transmit as soon as possible to the Court a sealed copy of the certification that would remain sealed unless the certification was needed to determine the legality of the acquisition.Source Here
Oh. FISA is basically a rubber stamp. And even if it the stage play wasn't pretending to follow the script, would it matter? Who could actually stop it at this point? The cat's out of the bag and Pandoras Box is open.
Controversial debates arose as the Protect America Act was published. Constitutional lawyers and civil liberties experts expressed concerns that this Act authorized massive, wide-ranging information gathering with no oversight. Whereas it placed much focus on communications, the Act allowed for information gathering of all shapes and forms. The ACLU called it the "Police America Act" – "authorized a massive surveillance dragnet", calling the blank-check oversight provisions "meaningless," and calling them a "phony court review of secret procedures."
So the surveillance state doesn't have checks and balances anymore. The state is preparing for Massive Civil Breakdown. They keep warning us about environmental collapse. Got it? Good. Let's keep on keeping on.
The District of Columbia Organic Act of 1871 created a single new district corporation governing the entire federal territory, called the District of Columbia, thus dissolving the three major political subdivisions of the District (Port of Georgetown, the City of Washington, and Washington County) and their governments. Source Here)
The first big leap in corporate personhood from holding mere property and contract rights to possessing more expansive rights was a claim that the Equal Protection Clause applied to corporations. One of the strangest twists in American constitutional law was the moment that corporations gained personhood under the Equal Protection Clause of the Fourteenth Amendment. It occurred in a case called Santa Clara County, and what was odd was that the Supreme Court did not really even decide the matter in the actual opinion. It only appeared in a footnote to the case. What we are likely to have at the conclusion of the Supreme Court term is corporations that are empowered to spend in American elections because of Bellotti and Citizens United; corporations that can make religious objections thanks to Hobby Lobby; and if Jesner turns out as badly as I predict, corporations will be able to aid and abet human rights violations abroad with impunity. Source Here
"Having a corporation would allow people to put property into a collective ownership that could be held with perpetual existence," she says. "So it wouldn't be tied to any one person's lifespan, or subject necessarily to laws regarding inheriting property." Later on, in the United States and elsewhere, the advantages of incorporation were essential to efficient and secure economic development. Unlike partnerships, the corporation continued to exist even if a partner died; there was no unanimity required to do something; shareholders could not be sued individually, only the corporation as a whole, so investors only risked as much as they put into buying shares. Source Here
The way that the Arab Bank may get away with this alleged morally troubling behavior, even though it has a New York branch, is by reasserting the basic argument that was made in Nestle USA and Kiobel II: that the federal Alien Tort Statute was not intended to apply to corporations full stop. Given other cases in this area like Mohamad v. PLO, which held the word “individual” in the Torture Victim Protection Act means a natural person and does not impose any liability against organizations, the Arab Bank’s procorporate argument may well prevail. There are multiple federal Circuit Courts which have shot down the argument that corporations are immune from suit under the Alien Tort Statute. The lone outlier is the Second Circuit, which decided in 2010 that corporations are excused from suit in Kiobel I. This is the case that was appealed to the Supreme Court and became Kiobel II. Jesner v. Arab Bank was litigated in the Second Circuit. One question in Jesner was what exactly did Kiobel II do to Kiobel I. So far in the litigation, Jesner concluded that Kiobel I and its conclusion that corporations can’t be sued in federal court using the Alien Tort Statute remained the controlling law of the Second Circuit.
There's a reason people call lawyers snakes, it's because most of them speak with forked tounges. So the corporation isn't being held liable, but the shareholders can't be held liable either. That's too insane to even be called a Catch 22. We are literally being set up to have no recourse because there isn’t anybody who can be held responsible. Why is that important when I've been talking about the surveillance state?
July 14, 2020: The Intercept • Microsoft’s police surveillance services are often opaque because the company sells little in the way of its own policing products. It instead offers an array of “general purpose” Azure cloud services, such as machine learning and predictive analytics tools like Power BI (business intelligence) and Cognitive Services, which can be used by law enforcement agencies and surveillance vendors to build their own software or solutions. A rich array of Microsoft’s cloud-based offerings is on full display with a concept called “The Connected Officer.” Microsoft situates this concept as part of the Internet of Things, or IoT, in which gadgets are connected to online servers and thus made more useful. “The Connected Officer,” Microsoft has written, will “bring IoT to policing.” With the Internet of Things, physical objects are assigned unique identifiers and transfer data over networks in an automated fashion. If a police officer draws a gun from its holster, for example, a notification can be sent over the network to alert other officers there may be danger. Real Time Crime Centers could then locate the officer on a map and monitor the situation from a command and control center. Source Here
Uhm, I guess it's really is all connected, isn’t it?
June 18, 2020: The Guardian • How Target, Google, Bank of America and Microsoft quietly fund police through private donations. More than 25 large corporations in the past three years have contributed funding to private police foundations, new report says. Source Here
Long live the Military Industrial Techno Surveillance State. If you have nothing to hide, than you have nothing to worry about. Really? Are we still believing that line? Cause it's a load of crap. If we have nothing to worry about, then why are they worried enough to be implementing surveillance systems with corresponding units on the ground? Got your attention there, didn't I?
August 19, 2019: Big Think • Though the term "Orwellian" easily applies to such a technology, Michel's illuminating reporting touches something deeper. Numerous American cities have already been surveilled using these god-like cameras, including Gorgon Stare, a camera-enabled drone that can track individuals over a 50-square kilometer radius from 20,000 feet. Here's the real rub: the feature that allows users to pinch and zoom on Instagram is similar to what WAMI allows. Anything within those 50-square kilometers is now under the microscope. If this sounds like some futuristic tech, think again: Derivations of this camera system have been tested in numerous American cities. Say there is a big public protest. With this camera you can follow thousands of protesters back to their homes. Now you have a list of the home addresses of all the people involved in a political movement. If on their way home you witness them committing some crime—breaking a traffic regulation or frequenting a location that is known to be involved in the drug trade—you can use that surveillance data against them to essentially shut them up. That's why we have laws that prevent the use of surveillance technologies because it is human instinct to abuse them. That's why we need controls. Source Here
Want to know more about the Gorgon Stare? Flatten the Curve. Part 12. Source Here
Now, I'm not sure if you remember or know any Greek Mythology, but the Gorgons were three sisters, and one sister had Snakes on her head (she wasn't a lawyer) and she turned people to stone when she looked at them.
MEDUSA (Mob Excess Deterrent Using Silent Audio) is a directed-energy non-lethal weapon designed by WaveBand Corporation in 2003-2004 for temporary personnel incapacitation. The weapon is based on the microwave auditory effect resulting in a strong sound sensation in the human head when it is subject to certain kinds of pulsed/modulated microwave radiation. The developers claimed that through the combination of pulse parameters and pulse power, it is possible to raise the auditory sensation to a “discomfort” level, deterring personnel from entering a protected perimeter or, if necessary, temporarily incapacitating particular individuals. In 2005, Sierra Nevada Corporation acquired WaveBand Corporation.
Ok. Get it? The Gorgon eye in the sky stares at you while the Medusa makes you immobile. Not good, but at least it'll just freeze you in your tracks.
July 6, 2008: Gizmodo • The Sierra Nevada Corporation claimed this week that it is ready to begin production on the MEDUSA, a damned scary ray gun that uses the "microwave audio effect" to implant sounds and perhaps even specific messages inside people's heads. Short for Mob Excess Deterrent Using Silent Audio, MEDUSA creates the audio effect with short microwave pulses. The pulses create a shockwave inside the skull that's detected by the ears, and basically makes you think you're going balls-to-the-wall batshit insane. Source Here
Uhm. And drive you insane.
July 26, 2008: Gizmodo • The MEDUSA crowd control ray gun we reported on earlier this month sounded like some pretty amazing-and downright scary-technology. Using the microwave auditory effect, the beam, in theory, would have put sounds and voice-like noises in your head, thereby driving you away from the area. Crowd control via voices in your head. Sounds cool. However, it turns out that the beam would actually kill you before any of that happy stuff started taking place, most likely by frying or cooking your brain inside your skull. Can you imagine if this thing made it out into the field? Awkward! Source Here
Annnnnnnndddddd it'll kill you.
Guys, they're prepared. They've been prepared. They're ready. Remember the Doomsday Bunkers? The military moving into Cheyenne Mountain? Deep Underground Military Bunkers? The rapid rolling out of 5G? BITCOIN and UBI so neatly inserted into our minds over the last five years? They've directly told us to have three months of supplies in our homes. 2020 isn't going to be an anomaly? It's the start of the collapse of our natural resources. Take a look on Reddit and all the posts about crazy weather. Cyanobacteria blooms killing dogs and people. Toxic Super Pollution caused by atmospheric inversions killing people. This isn’t normal, this is New Normal. And they know it. They've known it for a while. Let me show you one last thing before I wrap it up.
From the earliest Chinese dynasties to the present, the jade deposits most used were not only those of Khotan in the Western Chinese province of Xinjiang but other parts of China as well, such as Lantian, Shaanxi.
Remember, words matter. Look at Gorgon Stare and Medusa. They don't randomly grab names out of a hat, or pick them because they think it sounds dystopian. They pick words for a reason.
July 7, 2017: The Warzone • There only appears to be one official news story on this exercise at all and it's available on the website of Air Mobility Command’s Eighteenth Air Force, situated at Joint Base Charleston. At the time of writing, a google shows that there were more than a half dozen more copies on other Air Force pages, as well as number of photographs. For some reason, someone appears to have taken these offline or otherwise broken all the links. Using Google to search the Defense Video Imagery Distribution System, which is the main U.S. military's public affairs hub, brings up more broken links. Oh, and unless there's been some sort of mistake, JADE HELM actually stands for the amazingly obtuse Joint Assistance for Deployment Execution Homeland Eradication of Local Militants. A separate web search for this phrase does not turn up any other results. Source Here
Now, using an acronym that indicates training to Eradicate Local Militants seems pretty dumb. It may be used in that manner if environmental collapse triggers riots, but i don't think they would warn everyone ahead of time, do you? So I dug a little bit more.
Joint Assistant for Development and Execution (JADE) is a U.S. military system used for planning the deployment of military forces in crisis situations. The U.S. military developed this automated planning software system in order to expedite the creation of the detailed planning needed to deploy military forces for a military operation. JADE uses Artificial Intelligence (AI) technology combining user input, a knowledge base of stored plans, and suggestions by the system to provide the ability to develop large-scale and complex plans in minimal time. JADE is a knowledge-based system that uses highly structured information that takes advantage of data hierarchies. An official 2016 document approved for public release titled Human Systems Roadmap Review describes plans to create autonomous weapon systems that analyze social media and make decisions, including the use of lethal force, with minimal human involvement. This type of system is referred to as a Lethal Autonomous Weapon System (LAWS). The name "JADE" comes from the jade green color seen on the island of Oahu in Hawaii where the U.S. Pacific Command (PACOM) is headquartered.
PACOM? Why isn't that command group responsible for the South China Sea?
Formerly known as United States Pacific Command (USPACOM) since its inception, the command was renamed to U.S. Indo-Pacific Command on 30 May 2018, in recognition of the greater emphasis on South Asia, especially India.
Now doesn't it look like Jade Helm is preparing for an invasion? And possibly insurrection later. Or at the same time? Or riots over WW3? Or food riots? And start thinking about why the laws are starting to exclude corporations? Then think about the mercenaries that are being contracted out by the government.
October 17, 2018: The Carolinan • In 2016, 75 percent of American forces were private contractors. In 2017, Erik Prince, former head of Blackwater, and Stephen Feinberg, head of Dyncorp, discussed plans for contractors completely taking over U.S. operations in Afghanistan. Although ultimately unsuccessful, it remains to be seen if the current administration will change its mind. Contractors are involved in almost every military task, such as intelligence analysis, logistics and training allied soldiers. Contractors are even involved in U.S. special ops missions. This is because contractors are essentially untraceable and unaccountable. Most are born in other countries; only 33 percent are registered U.S. citizens. Private military firms don’t have to report their actions to Congress, unlike the military or intelligence agencies. They also aren’t subject to the Freedom of Information Act, so private citizens and journalists aren’t allowed to access their internal documents. There are also no international laws to regulate private military firms. It’s been proven that many contractors are involved in illegal activities. The larger multinational companies sometimes hire local subcontractors. These contractors sometimes aren’t background-checked. A 2010 investigation by the Senate found that many subcontractors were linked to murders, kidnappings, bribery and anti-coalition activities. Some subcontractors even formed their own unlicensed mercenary groups after coalition forces leave. A 2010 House investigation showed evidence that the Department of Defense had hired local warlords for security services. In 2007, Blackwater contractors massacred 17 civilians. This eventually led Blackwater to being restructured and renamed as Academi. Source Here
Military Exercises. Private Defense Firms. No oversight. And it's all coming soon. Read more at Flatten the Curve. Part 20. Upcoming war and catastrophes. Source Here
Nah. I'm just fear mongering and Doomscrolling again.
Heads up and eyes open. Talk soon.
submitted by biggreekgeek to conspiracy [link] [comments]

Flatten the Curve. #18. The current cold war between China and America explained. And how China was behind the 2008 Wall Street financial Crash. World War 3 is coming.

China, the USA, and the Afghanistan war are linked. And in order to get here, we will start there.
9-11 happened. Most of the planet mistakenly understood terrorists had struck a blow against Freedom and Capitalism and Democracy. It was time to invade Afghanistan. Yet all of the terrorists were linked to Saudi Arabia and not Afghanistan, that didn't make sense either. Yet they invaded to find Bin Laden, an ex CIA asset against the Soviet Union and it's subjugation of Afghanistan. The land in the middle of nowhere in relation to North America and the West. It was barren. A backwater without any strategic importance or natural resources.
Or was there?
The survey for rare earth elements was only made possible by the 2001 U.S. invasion, with work beginning in 2004. Mirzad says the Russians had already done significant surveying work during their military occupation of the country in the 1980s. Mirzad also toes the line for U.S. corporations, arguing, “The Afghan government should not touch the mining business. We have to give enough information to potential investors.”
Rare Earth Elements. The elements that make the information age possible. People could understand the First Gulf War and the Geopolitical importance of oil. That was easy, but it still didn't sound morally just to have a war for oil. It was too imperialist and so they fell in line and supported a war for Kuwaiti freedom instead, despite the obvious and public manipulation at the UN by Nayirah.
This is some of her testimony to the Human Rights Council.
While I was there, I saw the Iraqi soldiers come into the hospital with guns. They took the babies out of the incubators, took the incubators and left the children to die on the cold floor. It was horrifying. I could not help but think of my nephew who was born premature and might have died that day as well. After I left the hospital, some of my friends and I distributed flyers condemning the Iraqi invasion until we were warned we might be killed if the Iraqis saw us.
The Iraqis have destroyed everything in Kuwait. They stripped the supermarkets of food, the pharmacies of medicine, the factories of medical supplies, ransacked their houses and tortured neighbors and friends.
There was only one problem. She was the daughter of Saud Al-Sabah, the Kuwaiti ambassador to the United States. Furthermore, it was revealed that her testimony was organized as part of the Citizens for a Free Kuwait public relations campaign, which was run by the American public relations firm Hill & Knowlton for the Kuwaiti government (fun fact, Hill & Knowlton also have extensive ties with Bill Gates).
So the public was aghast at her testimony and supported the war against the mainly Soviet backed, but also American supported and Soviet backed Saddam Hussein, in his war against Iran, after the Iranians refused to Ally with American interests after the Islamic Revolution.
But that was oil, this was Rare Earth Elements. There was a reason the war was called, Operation Enduring Freedom. This natural resource was far more important in the long run. You couldn't have a security surveillance apparatus without it. And what was supposed to be a war on terror was in actuality a territorial occupation for resources.
Sleeping Dragon China is next, and where there's smoke, there's fire.
Let's go point form for clarity.
• China entered the rare earth market in the mid-1980s, at a time when the US was the major producer. But China soon caught up and became the production leader for rare earths. Its heavily state-supported strategy was aimed at dominating the global rare earth industry.
• 1989 Beijing’s Tiananmen Square spring. The U.S. government suspends military sales to Beijing and freezes relations.
• 1997. Clinton secures the release of Wei and Tiananmen Square protester Wang Dan. Beijing deports both dissidents to the United States. (If you don't understand these two were CIA assets working in China, you need to accept that not everything will be published. America wouldn't care about two political activists, but why would care about two intelligence operatives).
• March 1996. Taiwan’s First Free Presidential Vote.
• May 1999. America "accidently" bombs the Belgrade Chinese Embassy.
• 2002 Price competitiveness was hard for the USA to achieve due to low to non-existent Chinese environmental standards; as a result, the US finally stopped its rare earth production.
• October 2000. U.S. President Bill Clinton signs the U.S.-China Relations Act. China's take over of the market share in rare earth elements starts to increase.
• October 2001. Afghanistan war Enduring Freedom started to secure rare earth elements (Haven't you ever wondered how they could mobilize and invade so quickly? The military was already prepared).
• 2005. China establishes a monopoly on global production by keeping mineral prices low and then panics markets by introducing export quotas to raise prices by limiting supply.
• Rare Earth Elements. Prices go into the stratosphere (for example, dysprosium prices do a bitcoin, rocketing from $118/kg to $2,262/kg between 2008 and 2011).
• In a September 2005. Deputy Secretary of State Robert B. Zoellick initiates a strategic dialogue with China. This was presented as dialog to acknowledge China's emergence as a Superpower (which China probably insisted on), but it was about rare earth elements market price.
• October 2006. China allows North Korea to conduct its first nuclear test, China serves as a mediator to bring Pyongyang back to the negotiating table with the USA.
• September 2006. American housing prices start to fall.
(At some point after this, secret negotiations must have become increasingly hostile).
• March 2007. China Increases Military Spending. U.S. Vice President Dick Cheney says China’s military buildup is “not consistent” with the country’s stated goal of a “peaceful rise.”
• Mid-2005 and mid-2006. China bought between $100b and $250 billion of US housing debt between mid-2005 and mid-2006. This debt was bought using the same financial instruments that caused the financial collapse.
• 2006. Housing prices started to fall for the first time in decades.
• Mid-2006 and mid-2007. China likely added another $390b to its reserves. "At the same time, if China stopped buying -- especially now, when the private market is clogged up -- US financial markets would really seize up." Council on Foreign Relations-2007 August
• February 27, 2007. Stock markets in China and the U.S. fell by the most since 2003. Investors leave the money market and flock to Government backed Treasury Bills.
I've never seen it like this before,'' said Jim Galluzzo, who began trading short-maturity Treasuries 20 years ago and now trades bills at RBS Greenwich Capital in Greenwich, Connecticut.Bills right now are trading like dot-coms.''
We had clients asking to be pulled out of money market funds and wanting to get into Treasuries,'' said Henley Smith, fixed-income manager in New York at Castleton Partners, which oversees about $150 million in bonds.People are buying T-bills because you know exactly what's in it.''
• February 13, 2008. The Economic Stimulus Act of 2008 was enacted, which included a tax rebate. The total cost of this bill was projected at $152 billion for 2008. A December 2009 study found that only about one-third of the tax rebate was spent, providing only a modest amount of stimulus.
• September 2008. China Becomes Largest U.S. Foreign Creditor at 600 billion dollars.
• 2010. China’s market power peaked in when it reached a market share of around 97% of all rare earth mineral production. Outside of China, there were almost no other producers left.
Outside of China, the US is the second largest consumer of rare earths in the world behind Japan.
About 60% of US rare earth imports are used as catalysts for petroleum refining, making it the country’s major consumer of rare earths.
The US military also depends on rare earths. Many of the most advanced US weapon systems, including smart bombs, unmanned drones, cruise missiles, laser targeting, radar systems and the Joint Strike Fighter programme rely on rare earths. Against this background, the US Department of Defense (DoD) stated that “reliable access to the necessary material is a bedrock requirement for DOD”
• 2010. A trade dispute arose when the Chinese government reduced its export quotas by 40% in 2010, sending the rare earths prices in the markets outside China soaring. The government argued that the quotas were necessary to protect the environment.
• August 2010. China Becomes World’s Second-Largest Economy.
• November 2011. U.S. Secretary of State Hillary Clinton outlines a U.S. “pivot” to Asia. Clinton’s call for “increased investment—diplomatic, economic, strategic, and otherwise—in the Asia-Pacific region” is seen as a move to counter China’s growing clout.
• December 2011. U.S. President Barack Obama announces the United States and eight other nations have reached an agreement on the Trans-Pacific Partnership later announces plans to deploy 2,500 marines in Australia, prompting criticism from Beijing.
• November 2012. China’s New Leadership. Xi Jinping replaces Hu Jintao as president, Communist Party general secretary, and chairman of the Central Military Commission. Xi delivers a series of speeches on the “rejuvenation” of China.
• June 2013. U.S. President Barack Obama hosts Chinese President Xi Jinping for a “shirt-sleeves summit”
• May 19, 2014. A U.S. court indicts five Chinese hackers, allegedly with ties to China’s People’s Liberation Army, on charges of stealing trade technology from U.S. companies.
• November 12, 2014. Joint Climate Announcement. Barack Obama and Chinese President Xi Jinping issue a joint statement on climate change, pledging to reduce carbon emissions. (which very conveniently allows the quotas to fall and save pride for Xi).
• 2015. China drops the export quotas because in 2014, the WTO ruled against China.
• May 30, 2015 U.S. Warns China Over South China Sea. (China is trying to expand it's buffer zone to build a defense for the coming war).
• January 2016. The government to abolish the one-child policy, now allowing all families to have two children.
• February 9, 2017. Trump Affirms One China Policy After Raising Doubts.
• April 6 – 7, 2017. Trump Hosts Xi at Mar-a-Lago. Beijing and Washington to expand trade of products and services like beef, poultry, and electronic payments, though the countries do not address more contentious trade issues including aluminum, car parts, and steel.
• November 2017. President Xi meets with President Trump in another high profile summit.
• March 22, 2018. Trump Tariffs Target China. The White House alleges Chinese theft of U.S. technology and intellectual property. Coming on the heels of tariffs on steel and aluminum imports, the measures target goods including clothing, shoes, and electronics and restrict some Chinese investment in the United States.
• July 6, 2018 U.S.-China Trade War Escalates.
• September 2018. Modifications led to the exclusion of rare earths from the final list of products and they consequently were not subject to import tariffs imposed by the US government in September 2018.
• October 4, 2018. Pence Speech Signals Hard-Line Approach. He condemns what he calls growing Chinese military aggression, especially in the South China Sea, criticizes increased censorship and religious persecution by the Chinese government, and accuses China of stealing American intellectual property and interfering in U.S. elections.
• December 1, 2018. Canada Arrests Huawei Executive.
• March 6, 2019. Huawei Sues the United States.
• March 27 2019. India and the US signed an agreement to "strengthen bilateral security and civil nuclear cooperation" including the construction of six American nuclear reactors in India
• May 10, 2019. Trade War Intensifies.
• August 5, 2019. U.S. Labels China a Currency Manipulator.
• November 27, 2019. Trump Signs Bill Supporting Hong Kong Protesters. Chinese officials condemn the move, impose sanctions on several U.S.-based organizations, and suspend U.S. warship visits to Hong Kong.
• January 15, 2020. ‘Phase One’ Trade Deal Signed. But the agreement maintains most tariffs and does not mention the Chinese government’s extensive subsidies. Days before the signing, the United States dropped its designation of China as a currency manipulator.
• January 31, 2020. Tensions Soar Amid Coronavirus Pandemic.
• March 18, 2020. China Expels American Journalists. The Chinese government announces it will expel at least thirteen journalists from three U.S. newspapers—the New York Times, Wall Street Journal, and Washington Post—whose press credentials are set to expire in 2020. Beijing also demands that those outlets, as well as TIME and Voice of America, share information with the government about their operations in China. The Chinese Foreign Ministry says the moves are in response to the U.S. government’s decision earlier in the year to limit the number of Chinese journalists from five state-run media outlets in the United States to 100, down from 160, and designate those outlets as foreign missions.
And here we are. You may have noticed the Rare Earth Elements and the inclusion of Environmental Standards. Yes these are key to understanding the Geopolitical reality and importance of these events. There's a reason the one child policy stopped. Troop additions.
I believe our current political reality started at Tiananmen square. The protests were an American sponsored attempt at regime change after the failure to convince them to leave totalitarian communism and join a greater political framework.
Do I have proof? Yes.
China, as far as I'm concerned, was responsible for the 2008 economic crisis. The Rare Earth Elements were an attempt to weaken the States and strengthen themselves simultaneously. This stranglehold either forced America to trade with China, or the trade was an American Trojan horse to eventually collapse their economy and cause a revolution after Tiananmen Square failed. Does my second proposal sound far fetched? Didn't the economy just shut down in response to the epidemic? Aren't both sides blaming the other? At this POINT, the epidemic seems to be overstated doesn’t it? Don't the casualties tend to the elder demographic and those already weakened by a primary disease?
Exactly the kinds who wouldn't fight in a war.
Does this change some of my views on the possibility of upcoming catastrophes and reasons for certain events? No. This is Chess, and there are obvious moves in chess, hidden moves in chess, but the best moves involve peices which can be utilized in different ways if the board calls for it.
Is all what it seems? No.
I definitely changed a few previously held beliefs prior to today, and I would caution you in advance that you will find some previously held convictions challenged.
After uncovering what I did today, I would also strongly suggest reading information cautiously. This is all merely a culmination of ending the cold war, and once I have events laid out, you will see it as well.
At this moment, the end analysis is a war will start in the near future. This will be mainly for a few reasons, preemptive resource control for water and crops, population reduction can be achieved since we have too many people, not enough jobs, and upcoming resource scarcity.
Did you notice my omission of rare earth elements? This is because of Afghanistan. I would wager China or Russia is somehow supporting the continued resistance through Iran. But events are now accelerating with China because the western collation has already begun to build up their mines and start production.
Do you remember when Trump made a "joke" about buying Greenland? Yeah. It turns out that Greenland has one of the largest rare earth mineral deposits on the planet.
Take care. Be safe. Stay aware and be prepared.
This message not brought to you by the Bill and Melinda Gates Foundation, Microsoft, Google, Facebook, Elon Musk, Blackrock, Vangaurd, the Rockefeller Foundation, Rand Corporation, DARPA, Rothschilds, Agenda 21, Agenda 30, and ID 2020.
submitted by biggreekgeek to conspiracy [link] [comments]

r/Bitcoin recap - July 2019

Hi Bitcoiners!
I’m back with the 31st monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in July 2019
Adoption
Development
Security
Mining
Business
Education
Regulation & Politics
Archeology (Financial Incumbents)
Price & Trading
Fun & Other
submitted by SamWouters to Bitcoin [link] [comments]

For Dec 31st

For Trading December 31st
Sellers Take Control Midday Bounce Fails
Bonds Rally Off Lows
RAD Falls Back To Earth
Join Us Every Day, Link Below
Today’s market started off slightly to the downside as futures were weak overnight. We started right around unchanged but by 10:30 we were at the lows of the day -216, and then spent until 1:00 grinding higher to make it back to the H.O.D. -76, and then fell back to -210 in late trading, finally closing -183.12 (.64%), NASDAQ -60.63 (.67%). S&P 500 -18.73 (.58%), the Russell down for the second day -4.88 (.29%) and the DJ Transports -63.12 (.57%). Internals were week, but not terribly at NYSE 4:3 lower and NAZ 3:2 down. The DIA was a dramatic 29:1 DOWN with only AAPL higher adding only 11 DPs. The biggest losers were BA -25, HD -18, IBM -17 and UNH -15 DP’s. As I’ve written both here and in the Weekly Strategies, this market is well overbought and needs (and deserves) a rest of either a pullback or at least some relatively sideways action to work off the gains. We have gotten a bit of a reprieve lately as we get to year-end, and buying continued. Sellers seemed to want to hold off taking gains this year, especially in the biggest names with the biggest gains, but not everyone got the memo. As I have mentioned, I believe that the consumer has downgraded their buying in favor of the discounters like WMT, TGT, TJX, and ROST, as well as even the nest level down, like FIVE, DLTR and DG, leaving the majors to heavily discount just to move inventory. We won’t know for a few weeks if that is the case, but consumer debt is at very high levels, and that’s the group that the talking heads have told everyone has helped buoy business. It certainly hasn’t been industrials and manufacturing. Again: CAUTION IS REQUIRED.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights.
SECTORS: Other names in the news: Several times last week I discussed the dramatic rise in RAD. Here’s the story:
RiteAid (RAD), also a major turnaround to actual earning that was reversed 1:20 in April had already worked its way from $5.02 in August to close last Wednesday $8.32, and blasted higher to close $11.84 +3.52 (42.31%). It continued higher again every day since and today finished $19.19 +3.05 (19.8%) and traded as high as $21.30 in extended hours. Besides the earnings last week, the stock was recommended by Zack’s this morning, but I think more important is the fact that there is a 26.6% short interest in the stock. We got short the stock on Friday with the purchase of puts as well as an actual short of 300 at $22.52 after the stock had made its new intraday high of $23.88, a move of over 300% in 8 trading days. The stock closed on the low on Friday at $20.30 +1.11, having left a gap to the upside for the day. This morning’s gap to the downside left what I think is an “island reversal” and if you saw my comments on page 6 in yesterday’s Weekly Strategies, you can see I was looking for $17. We bought back 100 each at $17.89, 16.95, and 16.51 for a total gain of $16.02. I may have been a little early, since if that reversal holds we could see single digits again. It finished $15.99 -4.31 (21.23%).
There was good news for patients of Pancreatic Cancer as the FDA approved a drug from MRK and AZN (AstraZenaca) but the stocks which were both higher early finished to the downside with the market. Part of the issue was that the FDA recommendation occurred 2 weeks ago and both stocks had moved higher since then.
And, the HOMERUN OF THE DAY was Savara (SVRA) who was granted a “Breakthrough Therapy Designation” for Molgradex, for treatment of Autoimmune Pulmonary Alveolar Proteinosis. The stock has been around since 2004 and has been reversed twice, 1:25 in 2010, and 1:70 in 2017, giving it an adjusted high of $9,415 in 2006, fell from $11.38 to 2.62 in April of this year and had closed $1.73 on Friday and opened today $4.14, traded to $5.20 and finished $4.91 + $3.18 (183.82%) and has traded $6.25 in extended hours tonight. The last is $5.56 +3.83 or 221%.
BIOPHARMA: was LOWER with BIIB -4.08, ABBV -.68, REGN +.38, ISRG -6.56, MYL -.23, TEVA -.24, VRTX -2.00, BHC -.28, INCY -.34, ICPT -.29, LABU -2.61 and IBB $119.94 -1.62 (1.33%).
CANNABIS: stocks were LOWER with TLRY -.57, CGC -.42, CRON -.25, GWPH +1.08, ACB unchanged, PYX +.68, APHA -.17, NBEV -.03, ACRGF -.72, CURLF +.15, KERN -.21 and MJ $16.21 -.49 (1.92%). This may be a good group for January trades after tax-selling.
DEFENSE: was MIXED with LMT -1.70, RTN -.77, GD -1.48, TXT +.13, UTX -.40, NOC +2.63, BWXT -.09, TDY +.55 and ITA $222.93 -.80 (.38%).
RETAIL was MIXED with M +.26, JWN -.24, KSS -.32, DDS +.85, JCP -.01, WMT -.19, TGT -.32, TJX +.30, KR +.30, RL -.83, UAA -.42, LULU +.63, TPR -.29, CPRI +.02 and XRT $45.93 -.31 (.67%).
FAANG and Big Cap: were LOWER across the board with AAPL +1.64 the only exception. GOOGL -15.84, AMZN -24.20, FB -3.59, NFLX -6.09, NVDA -4.87, TSLA -17.38(4.04%), BABA -2.47, BIDU -.16, BOX -.27, IBM -2.46, BA -3.45, CAT -.76 and XLK $91.38 -.53 (.58%).
FINANCIALS were LOWER with GS -.86, JPM -.49, BAC -.20, MS -.13, C -.07, PNC -.79, AIG -.07, TRV -.31, AXP -.89, and XLF $30.68 -.09 (.29%).
OIL, $61.68 + .04. Today’s action was a rally to $62.34 before settling back to just slightly higher. The stocks were LOWER with the profit taking in the general market and XLE was $59.78 -1.90 (3.08%).
METALS, GOLD: $1,518.60 +.50 after breaking out “of the box” earlier in the week, and has moved higher, and is now approaching the resistance around the $1,520 to $1,525 range. Today’s action was a short range “inside” day without any real direction.
BITCOIN: closed $7385 + 45. We broke to the upside but ran into a brick wall just under $8,000. I was very disappointed to see the break, although we are right back to the lower Bollinger Band. After having a GTC order @ $9.85 since we sold on 11/5, we finally got filled on the first 350 shares. I added 400 GBTC at $8.06 bringing the average down to $8.99. GBTC closed $8.45 -.13 today.
Tomorrow is another day.
CAM
submitted by Dashover to optionstrading [link] [comments]

Brief History Of Bitcoin

Bitcoin is a cryptographic money, a pushed resource proposed to fill in as a strategy for trade that utilizations cryptography to control its creation and the executives, instead of depending upon focal authorities.[1] The normal pseudonymous Satoshi Nakamoto encouraged many existing considerations from the cypherpunk compose while making bitcoin. Through the scope of bitcoin's history, it has experienced brisk progression to change into a basic money both on and segregated — from the mid 2010s, two or three affiliations started suffering bitcoin regardless of standard cash related structures.
Pre-history
Going before the presence of bitcoin there were diverse automated money degrees of progress beginning with the financier based ecash shows of David Chaum and Stefan Brands.[3][4][5] Adam Back made hashcash, a proof-of-work plan for spam control. The essential recommendations for spread pushed insufficiency based mechanized sorts of money were Wei Dai's b-money[6] and Nick Szabo's bit gold.[7][8] Hal Finney made reusable insistence of work (RPOW) utilizing hashcash as its affirmation of work algorithm.[9]

In the bit gold suggestion which proposed a collectible market based system for improvement control, Nick Szabo in like way investigated some extra perspectives including a Byzantine insufficiency tolerant understanding demonstrate subject to larger part passes on to store and move the secured affirmation of-work plans, which was powerless against Sybil assaults, in any case.
Creation
On 18 August 2008, the zone name bitcoin.org was registered.[10] Later that year, on 31 October, an interface with a paper made by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System[11] was shown on a cryptography mailing list.[12] This paper point by control techniques for utilizing a common structure toward produce what was delineated as "a structure for electronic exchanges without depending upon trust".[13][14][15] On 3 January 2009, the bitcoin organize appeared with Satoshi Nakamoto mining the beginning square of bitcoin (square number 0), which had a respect of 50 bitcoins.[13][16] Embedded in the coinbase of this square was the substance:
submitted by Bitcoin12investment to u/Bitcoin12investment [link] [comments]

For Trading Dec 31

For Trading December 31st
Sellers Take Control Midday Bounce Fails
Bonds Rally Off Lows
RAD Falls Back To Earth
Join Us Every Day, Link Below
Today’s market started off slightly to the downside as futures were weak overnight. We started right around unchanged but by 10:30 we were at the lows of the day -216, and then spent until 1:00 grinding higher to make it back to the H.O.D. -76, and then fell back to -210 in late trading, finally closing -183.12 (.64%), NASDAQ -60.63 (.67%). S&P 500 -18.73 (.58%), the Russell down for the second day -4.88 (.29%) and the DJ Transports -63.12 (.57%). Internals were week, but not terribly at NYSE 4:3 lower and NAZ 3:2 down. The DIA was a dramatic 29:1 DOWN with only AAPL higher adding only 11 DPs. The biggest losers were BA -25, HD -18, IBM -17 and UNH -15 DP’s. As I’ve written both here and in the Weekly Strategies, this market is well overbought and needs (and deserves) a rest of either a pullback or at least some relatively sideways action to work off the gains. We have gotten a bit of a reprieve lately as we get to year-end, and buying continued. Sellers seemed to want to hold off taking gains this year, especially in the biggest names with the biggest gains, but not everyone got the memo. As I have mentioned, I believe that the consumer has downgraded their buying in favor of the discounters like WMT, TGT, TJX, and ROST, as well as even the nest level down, like FIVE, DLTR and DG, leaving the majors to heavily discount just to move inventory. We won’t know for a few weeks if that is the case, but consumer debt is at very high levels, and that’s the group that the talking heads have told everyone has helped buoy business. It certainly hasn’t been industrials and manufacturing. Again: CAUTION IS REQUIRED.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights.
SECTORS: Other names in the news: Several times last week I discussed the dramatic rise in RAD. Here’s the story:
RiteAid (RAD), also a major turnaround to actual earning that was reversed 1:20 in April had already worked its way from $5.02 in August to close last Wednesday $8.32, and blasted higher to close $11.84 +3.52 (42.31%). It continued higher again every day since and today finished $19.19 +3.05 (19.8%) and traded as high as $21.30 in extended hours. Besides the earnings last week, the stock was recommended by Zack’s this morning, but I think more important is the fact that there is a 26.6% short interest in the stock. We got short the stock on Friday with the purchase of puts as well as an actual short of 300 at $22.52 after the stock had made its new intraday high of $23.88, a move of over 300% in 8 trading days. The stock closed on the low on Friday at $20.30 +1.11, having left a gap to the upside for the day. This morning’s gap to the downside left what I think is an “island reversal” and if you saw my comments on page 6 in yesterday’s Weekly Strategies, you can see I was looking for $17. We bought back 100 each at $17.89, 16.95, and 16.51 for a total gain of $16.02. I may have been a little early, since if that reversal holds we could see single digits again. It finished $15.99 -4.31 (21.23%).
There was good news for patients of Pancreatic Cancer as the FDA approved a drug from MRK and AZN (AstraZenaca) but the stocks which were both higher early finished to the downside with the market. Part of the issue was that the FDA recommendation occurred 2 weeks ago and both stocks had moved higher since then.
And, the HOMERUN OF THE DAY was Savara (SVRA) who was granted a “Breakthrough Therapy Designation” for Molgradex, for treatment of Autoimmune Pulmonary Alveolar Proteinosis. The stock has been around since 2004 and has been reversed twice, 1:25 in 2010, and 1:70 in 2017, giving it an adjusted high of $9,415 in 2006, fell from $11.38 to 2.62 in April of this year and had closed $1.73 on Friday and opened today $4.14, traded to $5.20 and finished $4.91 + $3.18 (183.82%) and has traded $6.25 in extended hours tonight. The last is $5.56 +3.83 or 221%.
BIOPHARMA: was LOWER with BIIB -4.08, ABBV -.68, REGN +.38, ISRG -6.56, MYL -.23, TEVA -.24, VRTX -2.00, BHC -.28, INCY -.34, ICPT -.29, LABU -2.61 and IBB $119.94 -1.62 (1.33%).
CANNABIS: stocks were LOWER with TLRY -.57, CGC -.42, CRON -.25, GWPH +1.08, ACB unchanged, PYX +.68, APHA -.17, NBEV -.03, ACRGF -.72, CURLF +.15, KERN -.21 and MJ $16.21 -.49 (1.92%). This may be a good group for January trades after tax-selling.
DEFENSE: was MIXED with LMT -1.70, RTN -.77, GD -1.48, TXT +.13, UTX -.40, NOC +2.63, BWXT -.09, TDY +.55 and ITA $222.93 -.80 (.38%).
RETAIL was MIXED with M +.26, JWN -.24, KSS -.32, DDS +.85, JCP -.01, WMT -.19, TGT -.32, TJX +.30, KR +.30, RL -.83, UAA -.42, LULU +.63, TPR -.29, CPRI +.02 and XRT $45.93 -.31 (.67%).
FAANG and Big Cap: were LOWER across the board with AAPL +1.64 the only exception. GOOGL -15.84, AMZN -24.20, FB -3.59, NFLX -6.09, NVDA -4.87, TSLA -17.38(4.04%), BABA -2.47, BIDU -.16, BOX -.27, IBM -2.46, BA -3.45, CAT -.76 and XLK $91.38 -.53 (.58%).
FINANCIALS were LOWER with GS -.86, JPM -.49, BAC -.20, MS -.13, C -.07, PNC -.79, AIG -.07, TRV -.31, AXP -.89, and XLF $30.68 -.09 (.29%).
OIL, $61.68 + .04. Today’s action was a rally to $62.34 before settling back to just slightly higher. The stocks were LOWER with the profit taking in the general market and XLE was $59.78 -1.90 (3.08%).
METALS, GOLD: $1,518.60 +.50 after breaking out “of the box” earlier in the week, and has moved higher, and is now approaching the resistance around the $1,520 to $1,525 range. Today’s action was a short range “inside” day without any real direction.
BITCOIN: closed $7385 + 45. We broke to the upside but ran into a brick wall just under $8,000. I was very disappointed to see the break, although we are right back to the lower Bollinger Band. After having a GTC order @ $9.85 since we sold on 11/5, we finally got filled on the first 350 shares. I added 400 GBTC at $8.06 bringing the average down to $8.99. GBTC closed $8.45 -.13 today.
Tomorrow is another day.
CAM
submitted by Dashover to swingtrading [link] [comments]

Brief History Of Bitcoin

Brief History Of Bitcoin
Bitcoin is a cryptographic money, an advanced resource intended to function as a mode of trade that utilizations cryptography to control its creation and the executives, as opposed to depending on focal authorities.[1] The assumed pseudonymous Satoshi Nakamoto coordinated many existing thoughts from the cypherpunk network while making bitcoin. Through the span of bitcoin's history, it has experienced fast development to turn into a noteworthy money both on and disconnected – from the mid 2010s, a few organizations started tolerating bitcoin notwithstanding customary monetary forms.

Pre-history

Preceding the arrival of bitcoin there were various computerized money advancements beginning with the guarantor based ecash conventions of David Chaum and Stefan Brands.[3][4][5] Adam Back created hashcash, a proof-of-work conspire for spam control. The main recommendations for disseminated advanced shortage based digital forms of money were Wei Dai's b-money[6] and Nick Szabo's bit gold.[7][8] Hal Finney created reusable confirmation of work (RPOW) utilizing hashcash as its verification of work algorithm.[9]

https://preview.redd.it/06avg30idb741.jpg?width=914&format=pjpg&auto=webp&s=67accc22dc1d82942bd31d4aabf4daefe978398a
In the bit gold proposition which proposed a collectible market based system for expansion control, Nick Szabo likewise researched some extra perspectives including a Byzantine shortcoming tolerant understanding convention dependent on majority delivers to store and move the affixed verification of-work arrangements, which was defenseless against Sybil assaults, however.

Creation

On 18 August 2008, the area name bitcoin.org was registered.[10] Later that year, on 31 October, a connect to a paper created by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System[11] was presented on a cryptography mailing list.[12] This paper point by point strategies for utilizing a shared system to produce what was portrayed as "a framework for electronic exchanges without depending on trust".[13][14][15] On 3 January 2009, the bitcoin arrange appeared with Satoshi Nakamoto mining the beginning square of bitcoin (square number 0), which had an award of 50 bitcoins.[13][16] Embedded in the coinbase of this square was the content:
submitted by Bitcoin12investment to u/Bitcoin12investment [link] [comments]

11 Years Ago Today Satoshi Nakamoto Published the Bitcoin White Paper

11 Years Ago Today Satoshi Nakamoto Published the Bitcoin White Paper
https://preview.redd.it/comrfanlpuv31.png?width=2000&format=png&auto=webp&s=02324c6250b7dc4aa34313b5fe20ca8b9513dd92
Today, Oct. 31, marks eleven years since the publication of the Bitcoin white paper by the still-mysterious person or group pseudonymously identified as Satoshi Nakamoto.

A revolutionary text

Bitcoin: A Peer-to-Peer Electronic Cash System — published on Oct. 31, 2008 — outlined a tamper-proof, decentralized peer-to-peer protocol that could track and verify digital transactions, prevent double-spending and generate a transparent record for anyone to inspect in nearly real-time.
The protocol represented a cryptographically-secured system — based on a Proof-of-Work algorithm — in which Bitcoins (BTC) are “mined” for a reward by individual nodes and then verified by other nodes in a decentralized network.
This system contained the possibility of overcoming the need for intermediaries such as banks and financial institutions to facilitate and audit transactions — a major disruption to a siloed, monopolized field of centralized financial power.

304033233% all-time-price appreciation

Eleven years on, Bitcoin is consistently setting new records for its network hash rate — a measure of the overall computing power involved in validating transactions on the blockchain at any given time.
More power and participation establishes greater network security and attests to widespread recognition of the profitability potential of Bitcoin mining.
As of the middle of this month, network data revealed that since the creation of the very first block on the Bitcoin blockchain on Jan 3, 2009 — known in more technical language as its “genesis block” — miners have received combined revenue of just under $15 billion.
The figure includes both block rewards — “new” bitcoins paid to miners for validating a block of transactions — as well as transaction fees, which broke the $1 billion mark this week.
Bitcoin’s first-ever recorded trading price was noted on Mar. 17, 2010 — on the now-defunct trading platform bitcoinmarket.com, at a value of $0.003.
The cryptocurrency’s appreciation thus stands at a staggering 304033233% as of press time, with Bitcoin currently trading at $9,120.
As of this August, 85% of Bitcoin’s supply in circulation had been mined — leaving just 3.15 million new coins for the future.
Eleven years on, the mystery enshrouding the white paper’s author remains as impenetrable as ever. Those both within and without the crypto community began attempting to determine Nakamoto’s identity as early as October 2011, just a few months after the mysterious figure first went silent.
submitted by Rajladumor1 to omgfin [link] [comments]

A Beginners Guide to Bitcoin, Blockchain & Cryptocurrency

As cryptocurrency, and blockchain technology become more abundant throughout our society, it’s important to understand the inner workings of this technology, especially if you plan to use cryptocurrency as an investment vehicle. If you’re new to the crypto-sphere, learning about Bitcoin makes it much easier to understand other cryptocurrencies as many other altcoins' technologies are borrowed directly from Bitcoin.
Bitcoin is one of those things that you look into only to discover you have more questions than answers, and right as you’re starting to wrap your head around the technology; you discover the fact that Bitcoin has six other variants (forks), the amount of politics at hand, or that there are over a thousand different cryptocurrencies just as complex if not even more complex than Bitcoin.
We are currently in the infancy of blockchain technology and the effects of this technology will be as profound as the internet. This isn’t something that’s just going to fade away into history as you may have been led to believe. I believe this is something that will become an integral part of our society, eventually embedded within our technology. If you’re a crypto-newbie, be glad that you're relatively early to the industry. I hope this post will put you on the fast-track to understanding Bitcoin, blockchain, and how a large percentage of cryptocurrencies work.

Community Terminology

Altcoin: Short for alternative coin. There are over 1,000 different cryptocurrencies. You’re probably most familiar with Bitcoin. Anything that isn’t Bitcoin is generally referred to as an altcoin.
HODL: Misspelling of hold. Dank meme accidentally started by this dude. Hodlers are much more interested in long term gains rather than playing the risky game of trying to time the market.
TO THE MOON: When a cryptocurrency’s price rapidly increases. A major price spike of over 1,000% can look like it’s blasting off to the moon. Just be sure you’re wearing your seatbelt when it comes crashing down.
FUD: Fear. Uncertainty. Doubt.
FOMO: Fear of missing out.
Bull Run: Financial term used to describe a rising market.
Bear Run: Financial term used to describe a falling market.

What Is Bitcoin?

Bitcoin (BTC) is a decentralized digital currency that uses cryptography to secure and ensure validity of transactions within the network. Hence the term crypto-currency. Decentralization is a key aspect of Bitcoin. There is no CEO of Bitcoin or central authoritative government in control of the currency. The currency is ran and operated by the people, for the people. One of the main development teams behind Bitcoin is blockstream.
Bitcoin is a product of blockchain technology. Blockchain is what allows for the security and decentralization of Bitcoin. To understand Bitcoin and other cryptocurrencies, you must understand to some degree, blockchain. This can get extremely technical the further down the rabbit hole you go, and because this is technically a beginners guide, I’m going to try and simplify to the best of my ability and provide resources for further technical reading.

A Brief History

Bitcoin was created by Satoshi Nakamoto. The identity of Nakamoto is unknown. The idea of Bitcoin was first introduced in 2008 when Nakamoto released the Bitcoin white paper - Bitcoin: A Peer-to-Peer Electronic Cash System. Later, in January 2009, Nakamoto announced the Bitcoin software and the Bitcoin network officially began.
I should also mention that the smallest unit of a Bitcoin is called a Satoshi. 1 BTC = 100,000,000 Satoshis. When purchasing Bitcoin, you don’t actually need to purchase an entire coin. Bitcoin is divisible, so you can purchase any amount greater than 1 Satoshi (0.00000001 BTC).

What Is Blockchain?

Blockchain is a distributed ledger, a distributed collection of accounts. What is being accounted for depends on the use-case of the blockchain itself. In the case of Bitcoin, what is being accounted for is financial transactions.
The first block in a blockchain is referred to as the genesis block. A block is an aggregate of data. Blocks are also discovered through a process known as mining (more on this later). Each block is cryptographically signed by the previous block in the chain and visualizing this would look something akin to a chain of blocks, hence the term, blockchain.
For more information regarding blockchain I’ve provided more resouces below:

What is Bitcoin Mining

Bitcoin mining is one solution to the double spend problem. Bitcoin mining is how transactions are placed into blocks and added onto the blockchain. This is done to ensure proof of work, where computational power is staked in order to solve what is essentially a puzzle. If you solve the puzzle correctly, you are rewarded Bitcoin in the form of transaction fees, and the predetermined block reward. The Bitcoin given during a block reward is also the only way new Bitcoin can be introduced into the economy. With a halving event occurring roughly every 4 years, it is estimated that the last Bitcoin block will be mined in the year 2,140. (See What is Block Reward below for more info).
Mining is one of those aspects of Bitcoin that can get extremely technical and more complicated the further down the rabbit hole you go. An entire website could be created (and many have) dedicated solely to information regarding Bitcoin mining. The small paragraph above is meant to briefly expose you to the function of mining and the role it plays within the ecosystem. It doesn’t even scratch the surface regarding the topic.

How do you Purchase Bitcoin?

The most popular way to purchase Bitcoin through is through an online exchange where you trade fiat (your national currency) for Bitcoin.
Popular exchanges include:
  • Coinbase
  • Kraken
  • Cex
  • Gemini
There’s tons of different exchanges. Just make sure you find one that supports your national currency.

Volatility

Bitcoin and cryptocurrencies are EXTREMELY volatile. Swings of 30% or more within a few days is not unheard of. Understand that there is always inherent risks with any investment. Cryptocurrencies especially. Only invest what you’re willing to lose.

Transaction & Network Fees

Transacting on the Bitcoin network is not free. Every purchase or transfer of Bitcoin will cost X amount of BTC depending on how congested the network is. These fees are given to miners as apart of the block reward.
Late 2017 when Bitcoin got up to $20,000USD, the average network fee was ~$50. Currently, at the time of writing this, the average network fee is $1.46. This data is available in real-time on BitInfoCharts.

Security

In this new era of money, there is no central bank or government you can go to in need of assistance. This means the responsibility of your money falls 100% into your hands. That being said, the security regarding your cryptocurrency should be impeccable. The anonymity provided by cryptocurrencies alone makes you a valuable target to hackers and scammers. Below I’ve detailed out best practices regarding securing your cryptocurrency.

Two-Factor Authentication (2FA)

Two-factor authentication is a second way of authenticating your identity upon signing in to an account. Most cryptocurrency related software/websites will offer or require some form of 2FA. Upon creation of any crypto-related account find the Security section and enable 2FA.

SMS Authentication

The most basic form of 2FA which you are probably most familiar with. This form of authentication sends a text message to your smartphone with a special code that will allow access to your account upon entry. Note that this is not the safest form of 2FA as you may still be vulnerable to what is known as a SIM swap attack. SIM swapping is a social engineering method in which an attacker will call up your phone carrier, impersonating you, in attempt to re-activate your SIM card on his/her device. Once the attacker has access to your SIM card he/she now has access to your text messages which can then be used to access your online accounts. You can prevent this by using an authenticator such as Google Authenticator.

Authenticator

The use of an authenticator is the safest form of 2FA. An authenticator is installed on a seperate device and enabling it requires you input an ever changing six digit code in order to access your account. I recommend using Google Authenticator.
If a website has the option to enable an authenticator, it will give you a QR code and secret key. Use Google Authenticator to scan the QR code. The secret key consists of a random string of numbers and letters. Write this down on a seperate sheet of paper and do not store it on a digital device.
Once Google Authenticator has been enabled, every time you sign into your account, you will have to input a six-digit code that looks similar to this. If you happen to lose or damage the device you have Google Authenticator installed on, you will be locked out of your account UNLESS you have access to the secret key (which you should have written down).

Hardware Wallets

A wallet is what you store Bitcoin and cryptocurrency on. I’ll provide resources on the different type of wallets later but I want to emphasize the use of a hardware wallet (aka cold storage).
Hardware wallets are the safest way of storing cryptocurrency because it allows for your crypto to be kept offline in a physical device. After purchasing crypto via an exchange, I recommend transferring it to cold storage. The most popular hardware wallets include the Ledger Nano S, and Trezor.
Hardware wallets come with a special key so that if it gets lost or damaged, you can recover your crypto. I recommend keeping your recovery key as well as any other sensitive information in a safety deposit box.
I know this all may seem a bit manic, but it is important you take the necessary security precautions in order to ensure the safety & longevity of your cryptocurrency.

Technical Aspects of Bitcoin

TL;DR
  • Address: What you send Bitcoin to.
  • Wallet: Where you store your Bitcoin
  • Max Supply: 21 million
  • Block Time: ~10 minutes
  • Block Size: 1-2 MB
  • Block Reward: BTC reward received from mining.

What is a Bitcoin Address?

A Bitcoin address is what you send Bitcoin to. If you want to receive Bitcoin you’d give someone your Bitcoin address. Think of a Bitcoin address as an email address for money.

What is a Bitcoin Wallet?

As the title implies, a Bitcoin wallet is anything that can store Bitcoin. There are many different types of wallets including paper wallets, software wallets and hardware wallets. It is generally advised NOT to keep cryptocurrency on an exchange, as exchanges are prone to hacks (see Mt. Gox hack).
My preferred method of storing cryptocurrency is using a hardware wallet such as the Ledger Nano S or Trezor. These allow you to keep your crypto offline in physical form and as a result, much more safe from hacks. Paper wallets also allow for this but have less functionality in my opinion.
After I make crypto purchases, I transfer it to my Ledger Nano S and keep that in a safe at home. Hardware wallets also come with a special key so that if it gets lost or damaged, you can recover your crypto. I recommend keeping your recovery key in a safety deposit box.

What is Bitcoins Max Supply?

The max supply of Bitcoin is 21 million. The only way new Bitcoins can be introduced into the economy are through block rewards which are given after successfully mining a block (more on this later).

What is Bitcoins Block Time?

The average time in which blocks are created is called block time. For Bitcoin, the block time is ~10 minutes, meaning, 10 minutes is the minimum amount of time it will take for a Bitcoin transaction to be processed. Note that transactions on the Bitcoin network can take much longer depending on how congested the network is. Having to wait a few hours or even a few days in some instances for a transaction to clear is not unheard of.
Other cryptocurrencies will have different block times. For example, Ethereum has a block time of ~15 seconds.
For more information on how block time works, Prabath Siriwardena has a good block post on this subject which can be found here.

What is Bitcoins Block Size?

There is a limit to how large blocks can be. In the early days of Bitcoin, the block size was 36MB, but in 2010 this was reduced to 1 MB in order to prevent distributed denial of service attacks (DDoS), spam, and other malicious use on the blockchain. Nowadays, blocks are routinely in excess of 1MB, with the largest to date being somewhere around 2.1 MB.
There is much debate amongst the community on whether or not to increase Bitcoin’s block size limit to account for ever-increasing network demand. A larger block size would allow for more transactions to be processed. The con argument to this is that decentralization would be at risk as mining would become more centralized. As a result of this debate, on August 1, 2017, Bitcoin underwent a hard-fork and Bitcoin Cash was created which has a block size limit of 8 MB. Note that these are two completely different blockchains and sending Bitcoin to a Bitcoin Cash wallet (or vice versa) will result in a failed transaction.
Update: As of May 15th, 2018 Bitcoin Cash underwent another hard fork and the block size has increased to 32 MB.
On the topic of Bitcoin vs Bitcoin Cash and which cryptocurrency is better, I’ll let you do your own research and make that decision for yourself. It is good to know that this is a debated topic within the community and example of the politics that manifest within the space. Now if you see community members arguing about this topic, you’ll at least have a bit of background to the issue.

What is Block Reward?

Block reward is the BTC you receive after discovering a block. Blocks are discovered through a process called mining. The only way new BTC can be added to the economy is through block rewards and the block reward is halved every 210,000 blocks (approximately every 4 years). Halving events are done to limit the supply of Bitcoin. At the inception of Bitcoin, the block reward was 50BTC. At the time of writing this, the block reward is 12.5BTC. Halving events will continue to occur until the amount of new Bitcoin introduced into the economy becomes less than 1 Satoshi. This is expected to happen around the year 2,140. All 21 million Bitcoins will have been mined. Once all Bitcoins have been mined, the block reward will only consist of transaction fees.

Technical Aspects Continued

Understanding Nodes

Straight from the Bitcoin.it wiki
Any computer that connects to the Bitcoin network is called a node. Nodes that fully verify all of the rules of Bitcoin are called full nodes.
In other words, full nodes are what verify the Bitcoin blockchain and they play a crucial role in maintaining the decentralized network. Full nodes store the entirety of the blockchain and validate transactions. Anyone can participate in the Bitcoin network and run a full node. Bitcoin.org has information on how to set up a full node. Running a full node also gives you wallet capabilities and the ability to query the blockchain.
For more information on Bitcoin nodes, see Andreas Antonopoulos’s Q&A on the role of nodes.

What is a Fork?

A fork is a divergence in a blockchain. Since Bitcoin is a peer-to-peer network, there’s an overall set of rules (protocol) in which participants within the network must abide by. These rules are put in place to form network consensus. Forks occur when implementations must be made to the blockchain or if there is disagreement amongst the network on how consensus should be achieved.

Soft Fork vs Hard Fork

The difference between soft and hard forks lies in compatibility. Soft forks are backwards compatible, hard forks are not. Think of soft forks as software upgrades to the blockchain, whereas hard forks are a software upgrade that warrant a completely new blockchain.
During a soft fork, miners and nodes upgrade their software to support new consensus rules. Nodes that do not upgrade will still accept the new blockchain.
Examples of Bitcoin soft forks include:
A hard fork can be thought of as the creation of a new blockchain that X percentage of the community decides to migrate too. During a hard fork, miners and nodes upgrade their software to support new consensus rules, Nodes that do not upgrade are invalid and cannot accept the new blockchain.
Examples of Bitcoin hard forks include:
  • Bitcoin Cash
  • Bitcoin Gold
Note that these are completely different blockchains and independent from the Bitcoin blockchain. If you try to send Bitcoin to one of these blockchains, the transaction will fail.

A Case For Bitcoin in a World of Centralization

Our current financial system is centralized, which means the ledger(s) that operate within this centralized system are subjugated to control, manipulation, fraud, and many other negative aspects that come with this system. There are also pros that come with a centralized system, such as the ability to swiftly make decisions. However, at some point, the cons outweigh the pros, and change is needed. What makes Bitcoin so special as opposed to our current financial system is that Bitcoin allows for the decentralized transfer of money. Not one person owns the Bitcoin network, everybody does. Not one person controls Bitcoin, everybody does. A decentralized system in theory removes much of the baggage that comes with a centralized system. Not to say the Bitcoin network doesn’t have its problems (wink wink it does), and there’s much debate amongst the community as to how to go about solving these issues. But even tiny steps are significant steps in the world of blockchain, and I believe Bitcoin will ultimately help to democratize our financial system, whether or not you believe it is here to stay for good.

Final Conclusions

Well that was a lot of words… Anyways I hope this guide was beneficial, especially to you crypto newbies out there. You may have come into this realm not expecting there to be an abundance of information to learn about. I know I didn’t. Bitcoin is only the tip of the iceberg, but now that you have a fundamental understanding of Bitcoin, learning about other cryptocurrencies such as Litecoin, and Ethereum will come more naturally.
Feel free to ask questions below! I’m sure either the community or myself would be happy to answer your questions.
Thanks for reading!

Related Links

Guides

Exchanges

submitted by MrCryptoDude to Bitcoin [link] [comments]

Hi, my name is Jade and I am a 31 year old male to female transgender webcam model that has overcome PTSD and addiction due to sexual trauma that looks to use camming as a way to fund motorcycle racing, ask me ANYTHING!

Wow! What a title! Let's digest that! proof is in this pudding. <- Safe for work.
I was born male back in 1987. I first realized I was transgender around the age of 21 or 22. In retrospect I had a ton of characteristics that were glaringly obvious, such as how I used to kind of wish I was Gabrielle and could be Xena's sidekick and things. I was not met with much support from family at first, and thanks to having generated a few thousand bitcoins in 2010, I had some pennies to leave the house and gallivant amongst a few different friends' places. I started my first steps into really trying to be myself.
I also tried opening up to guys more. That got me into some bad situations with some individuals which was when the incidents of sexual assault and rape occurred. The pills and weed I was using to cope previously turned into IV heroin and cocaine. I blew every last one of my bitcoins in the 8 months. This was 2012. I begged to come home, thankfully mother let me. I still struggled with using and my identity and what happened to me for years. It was only when I was on heroin did I feel okay to be myself.
Time basically fast forwarded as desolate existence that is that of an addict continued. You only truly felt good when you had your fix, but you spent the majority of each day just trying to get your hands on the stuff. Eventually I got on the police radar and started getting arrested. 10 arrests in 14 months didn't wake me up. It wasn't until I went to jail for 35 days that I got fed up with where I got myself. Not to knock anyone that's been to jail before, but a lot of people there weren't of the highest caliber and expected to be coming "right back" soon after they get released for some other dumb idea they planned on executing. The hardest thing for me to find there was a good conversation. I was also self medicating on estrogen by that point, so the entire place knew me as "tittyboy" or "littletits" so it's not like anyone even wanted to associate with me in the first place there. There were a few individuals I was able to get a table and play monopoly with, so that was a life saver. That and books.
After getting out in September of 2016, the 15th is the day I started on my hormone regimen again and I've been entirely consistent since then. I went to a partial care program, which is basically a rehab where you go home at night and have weekends off, for about 10 months followed up with a 3 day a week outpatient program until I got off of probation November of 2017. That was where I really managed to pour my heart out in group therapy, to really investigate my own thoughts, emotions, and feelings of what it meant to be me. I started working on my trauma, understanding that it's okay, what happened to me was not my fault, and it doesn't make me any less of a person. Cognitive behavioral therapy is a huge boon, I highly suggest finding someone more qualified me to tell you about it. It's basically like flexing your mind muscle to master your thoughts. Instead of reacting to the input and stimuli you get from the world around you, you process everything and respond intelligently. Any thoughts that are negative, you identify them and alter them to be more positive. It's really been some great insight.

Now that I had stability, my mind pointed towards more ambitious pastures. I started dating and presenting as female regularly around June of 2017, and my one ex got me into a little sport called motorcycle road racing. MotoGP was the league, and all I could thought was, "holy shit! Those guys are insane!" After a few more months, the thoughts changed to, "I need to do this." However, motorcycle racing is an expensive game to play. Not as expensive as car racing, but you can put in a pretty penny into a track bike and then some. One thing I've always been was a sexual being, and despite the PTSD and the 5 year sexual hiatus, I've always retained a bit of kink and a flair for performance. One way to make money was camming.
Camming is when a model, or models, turn on the web cam and host a chatroom on one of many different sites. People set up different methods of running their shows, like having to buy a ticket to see a show after a countdown, or something as simple as tip X amount and the model will do Y. There are also private chats, where only one user is spectating at a per minute rate, or models can usually sell videos and picture sets on their page as well.
So I gave it a shot. Hell, I used to cam for free on adultfriendfinder, might as well try making a buck from it too. That first night I spent 3 hours to make like $15 dollars. I ended up in tears afterwards thinking I should just put on some clothes and get a McJob, but I persevered. I learned, I adapted, I grew. I had an ace in the hole though, I'm rather good at sucking my own dick. Definitely makes you a little unique in such a competitive field.

So now it's 14 months after I started camming, and I dream to be able to do well enough to start racing motorcycles competitively. I personally ride a 2007 Suzuki SV650S, I love it, and only started riding in August, but I might just buy a used track bike for my first years of competing, until we're hitting the bike's limits and not my personal limits. I really hope to be able to hit this goal, but for now it's doing work on cam.
About me otherwise- I live in New Jersey. I'm easy going, I've been playing computer and video games since I was 5, I have a Shining Force tattoo on my back. I love documentaries. I've been on reddit since about 2011. I'm from New Jersey. I love metal and some hip hop groups.
So, ask me ANYTHING about anything you've read or anything on your mind. Whether it's about camming, drugs and recovery, trauma and abuse, bikes and racing, or whatever your little hearts desire, ask until you're god damn content. I hope someone enjoys this.
*tl;dr* some fucked up shit happened now I make porn to race motorcycles, also I'm a girl with a big ol' shenis.

also check me out on twitter (EXTREMELY NOT SAFE FOR WORK!!!!) or I also have free porn at NSFW pornhub - obviously not safe for work as well.

edit: also as long as people are posting to here I'll be answering questions. I regularly use reddit so that's not a difficult task to ask of me.
submitted by XXX-Jade-Is-Rad-XXX to IAmA [link] [comments]

Major Moon Math Update: 2017-12-05

Still waiting on more volatility to confirm the range of the current "Insane Bull Channel." However, we're continuing our explosive break through the previous log channel. Despite my best wishes, it's no longer reasonable to put the "Insane Bull Channel" at 1.2% CDPR. _chewtoy_ got it right, again. I'm still holding back from the 1.5% - 2.0% CPDR that he called, but that can easily change in an instant.
To illustrate exactly how insane the current growth rate is I added an extra row with a price target of one hundred million USD/BTC.
I'm also adding a price chart that projects Local Bitcoins global USD volume growth based on the last year of performance. I'll release an update to that every week in a major moon math update like this.
nannal 2020 isn't far from pushing up another few percentage points. I need to debug the nannal 's A+ column because it doesn't seem to be flipping at the right time. I'll keep you posted about any changes to that.
Good hunting.

Azop's Rainbow Charts

Moon Math Table

Label 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance 2016 - Present Performance 2015 - Present Performance 2014 - Present Performance 2013 - Present Performance 2012 - Present Performance 2011 - Present Performance July 2010 - Present Performance
Doubling Period in Days 48 44 68 99 154 212 386 189 202 172 165
Compounding Daily Periodic Rate 1.49% 1.65% 1.06% 0.7302% 0.45% 0.34% 0.19% 0.38% 0.3561% 0.42% 0.44%
Over $12,000.00 on 2017-12-07 2017-12-07 2017-12-08 2017-12-09 2017-12-12 2017-12-15 2017-12-23 2017-12-14 2017-12-14 2017-12-13 2017-12-13
Over $31,620.00 on 2018-02-10 2018-02-04 2018-03-10 2018-04-22 2018-07-16 2018-09-27 2019-05-28 2018-08-26 2018-09-13 2018-08-02 2018-07-23
Over $100,000.00 on 2018-04-29 2018-04-15 2018-06-27 2018-09-27 2019-03-30 2019-09-02 2021-02-04 2019-06-25 2019-08-03 2019-05-05 2019-04-13
Over $1,000,000.00 on 2018-10-02 2018-09-03 2019-02-01 2019-08-09 2020-08-23 2021-07-14 2024-06-25 2021-02-20 2021-05-12 2020-11-06 2020-09-21
Over $100,000,000.00 on 2019-08-10 2019-06-11 2020-04-13 2021-05-03 2023-06-15 2025-04-05 2031-04-04 2024-06-16 2024-11-27 2023-11-15 2023-08-13
nannal 's A+ on 2018-05-15 2018-04-29 2018-07-24 2018-11-18 2019-08-25 NEVER!!!! NEVER!!!! NEVER!!!! NEVER!!!! 2019-11-04 2019-09-21
The Nannaling 64% What the shit is this?
nannal 2020 64% Read about it

Local Bitcoins Global Weekly USD Volume

Label 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance
From Date 2017-10-28 2017-09-30 2017-09-02 2016-12-31
Starting Price USD 54030549 52133827 44570601 17629542
% Change 165% 171% 200% 505%
Doubling Period in Days 50 85 94 149
Days in period 35 63 91 336
Compounding Daily Periodic Rate 1.4352% 0.8520% 0.7625% 0.4829%
Over $100,000,000 on 2017-12-12 2017-12-17 2017-12-19 2017-12-28
Over $150,000,000 on 2018-01-09 2018-02-03 2018-02-10 2018-03-22
Over $316,200,000 on 2018-03-02 2018-05-02 2018-05-19 2018-08-24
Over $1,000,000,000 on 2018-05-22 2018-09-15 2018-10-18 2019-04-20
Over $100,000,000,000 on 2019-04-10 2020-03-11 2020-06-15 2021-12-01
Over $1,000,000,000,000 on 2019-09-19 2020-12-07 2021-04-14 2023-03-24
http://MoonMath.Win
submitted by jarederaj to BitcoinMarkets [link] [comments]

Your Daily Moon Math 2017-12-07

You're all a bunch of degenerate addicts... and I love you all.
I started making this when the price was at 16k. Damnit, guys. Help a brother out? Just slow down a bit. Everthing in moon math is fucked up, because the price hasn't ever moved this much while I've been making the charts. The 12 old hour values for the price are ancient. So, we're getting some mixed reporting today.
2 Moon Math tables. 1 for today's price action... kinda. Another normal chart. Rainbow charts a little messed up. Live with it.
We need a major moon math update tomorrow if we're going to be up here at the end of the day. Lots of changes are needed in the rainbow charts. Only a partial release of those.
Dat Nannaling, though...

Azop's Rainbow Charts

Moon Math Table

Label 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance 2016 - Present Performance 2015 - Present Performance 2014 - Present Performance 2013 - Present Performance 2012 - Present Performance 2011 - Present Performance July 2010 - Present Performance
Doubling Period in Days 32 38 60 93 147 204 366 185 198 170 163
Compounding Daily Periodic Rate 2.23% 1.90% 1.19% 0.77% 0.45% 0.35% 0.20% 0.39% 0.36% 0.42% 0.44%
Over $20,000.00 on 2017-12-23 2017-12-25 2018-01-07 2018-01-24 2018-05-02 2018-03-24 2018-06-20 2018-03-12 2018-03-20 2018-03-03 2018-03-05
Over $31,620.00 on 2018-01-12 2018-01-19 2018-02-14 2018-03-24 2018-08-12 2018-08-01 2019-02-08 2018-07-08 2018-07-24 2018-06-19 2018-06-17
Over $100,000.00 on 2018-03-05 2018-03-20 2018-05-22 2018-08-20 2019-04-24 2019-06-23 2020-09-14 2019-04-30 2019-06-06 2019-03-18 2019-03-04
Over $1,000,000.00 on 2018-06-16 2018-07-19 2018-11-30 2019-06-14 2020-09-17 2021-04-05 2023-11-27 2020-12-12 2021-03-02 2020-09-10 2020-08-06
nannal 's A+ on 2018-03-16 2018-04-03 2018-06-15 2018-10-07 2019-07-12 2020-03-07 NEVER!!!! 2020-03-07 NEVER!!!! 2019-08-31 2019-07-25
The Nannaling 82% What the shit is this?
nannal 2020 73% Read about it

Advance Copy Moon Math Table

Label 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance 2016 - Present Performance 2015 - Present Performance 2014 - Present Performance 2013 - Present Performance 2012 - Present Performance 2011 - Present Performance July 2010 - Present Performance
Doubling Period in Days 26 33 52 88 140 195 345 181 194 167 160
Compounding Daily Periodic Rate 2.80% 2.18% 1.38% 0.82% 0.45% 0.37% 0.21% 0.40% 0.37% 0.43% 0.45%
Over $20,000.00 on 2017-12-13 2017-12-15 2017-12-21 2017-12-31 2018-05-02 2018-02-02 2018-03-21 2018-01-27 2018-02-01 2018-01-22 2018-01-25
Over $31,620.00 on 2017-12-29 2018-01-05 2018-01-23 2018-02-25 2018-08-12 2018-06-06 2018-10-27 2018-05-22 2018-06-04 2018-05-08 2018-05-08
Over $100,000.00 on 2018-02-09 2018-02-27 2018-04-17 2018-07-15 2019-04-24 2019-04-15 2020-04-30 2019-03-07 2019-04-11 2019-01-30 2019-01-20
Over $1,000,000.00 on 2018-05-02 2018-06-12 2018-09-30 2019-04-21 2020-09-17 2020-12-29 2023-05-09 2020-10-05 2020-12-22 2020-07-18 2020-06-17
nannal 's A+ on 2018-02-17 2018-03-10 2018-05-06 2018-08-25 2019-05-23 2019-11-12 NEVER!!!! 2019-11-12 NEVER!!!! 2019-06-24 2019-05-25
The Nannaling 82% What the shit is this?
nannal 2020 91% Read about it
submitted by jarederaj to BitcoinMarkets [link] [comments]

The 3 Kinds of Cryptocurrency Traders that are Kicking Your Ass

The 3 Types of Cryptocurrency Traders that are Kicking Your Ass

For an investor to outperform the market, someone else must underperform.That is a simple arithmetic fact.
In a fair and regulated environment, investors have equal access to information. Winners and losers are determined by whoever can make a better prediction.
But cryptocurrency is the wild, wild west. Market participants don’t play fair and they can profit at the expense of others.
Here are the three types of traders that are kicking your ass
Insider Traders
Under Rule 10b5–1, the SEC defines insider trading as “any securities transaction made when the person behind the trade is aware of nonpublic material information.” Insider trading is illegal in almost all traditional markets. In a research paper published in 2010, Qin Lei found empirical evidence that insiders were able to consistently beat the stock market.
Over the last year, we’ve seen many high-profile cases of insider trading in the cryptocurrency market.
Coinbase** — The Bitcoin Cash Incident**
On December 19, 2017, Coinbase tweeted it would add Bitcoin Cash to its exchange. But before the announcement was made public, both the trading volume and the price of Bitcoin Cash suspiciously surged.
On March 1, Coinbase was hit with a class action lawsuit. The full court document is available here.
South Korea Financial Supervisory Service (FSS)
Even regulators are being investigated for insider trading. Korean FSS officials knew ahead of time that new cryptocurrency trading restrictions would be put in place. Yet, they still made trades before the announcement.
The chief of the FSS, Choi Hyung-sik, confirmed on Jan. 18 that trading violations had occurred. Despite being caught red-handed, another FSS official responded that there was technically “no code of ethics or conduct for virtual currencies and therefore difficult to issue any punishment.”
The examples mentioned above are just a few high-profile cases. Insider trading runs rampant in the cryptocurrency space. Very often, prices and trading volumes will pump right before an exchange announces a new coin.
To many, insider trading is no longer a surprise but rather something that “just happens” in an unregulated market.
Whales
A whale is simply a colloquial way to describe an investor who is able to manipulate markets by mobilizing large amounts of capital.
Most crypto investors treat whales like the boogeyman. They’ve never had a personal encounter, but swear that whales are responsible for large market swings everywhere.
In some cases there is strong evidence indicating that they are right. Recently, academic research has come out showing that large-scale price manipulation does happen. Here’s an example from 2013, where a single entity was largely responsible for pushing the price of Bitcoin from $150 to $1,000 in two months. Another paper that came out last week shows how large amounts of USDT was used to manipulate Bitcoin prices.
Here are a few techniques whales use to manipulate price.
Stop-loss hunting
Whales intentionally push the price down in order to trigger stop-loss orders.Then they turn around and buy coins from these stop-loss orders for cheap and wait for the market to recover.
This strategy works well for coins with low trading volumes and small order books. With enough coins, whales can push down the price by introducing a slew of market-price sell orders.
To show how this works, let’s imagine a scenario:
The goal is to drive the price down past $100, which may be a psychological breaking point for some people and therefore a likely place for stop-losses.
One can do this by:
  1. Placing a market sell order totaling 10 BTC, to drive the price down from $150 to $110
  2. Keeping the sell pressure on, as investors naturally start selling their holdings.
  3. Watching people’s stop-losses go off at $100 without their knowledge. This drives the price down further.
  4. Buying up all the stop-loss orders at $90 and under.
  5. Waiting for the market to recover before selling the coins.
Short/Long Hunting
This is another form of market manipulation, but one that only exchanges can pull off.
Let’s see how this works on Bitmex for BTC.
The price just has move slightly in the wrong direction to trigger a liquidation. When liquidations happen, the investor loses their entire margin and pays a big fat fee.
Because exchanges know exactly what prices will trigger these liquidations, they have both the capability and financial incentive to engineer price movements using bots.
To be clear, there is no evidence implicating Bitmex. But it is suspicious that low volume trading periods are followed by a furious uptick in volume. When this happens, liquidation tears through leveraged positions, leaving traders with nothing other than a fistful of trading fees.
BitmexRekt tweets these liquidations in real time. You can follow them here.
Spoofing
Another common strategy whales use to manipulate the market is called spoofing. It means to bid or offer with intent to cancel before the orders are filled.The goal of spoofing is to send false signals to investors.
Here’s an example of using this strategy to profit:
This also works in the opposite direction. By placing large sell orders, spoofers can send bearish signals and lure investors into selling their cryptocurrencies at a discount.
Bitfinex’d investigates an entity known as “Spoofy” operating on the Bitfinex exchange.
Wash Trading
The last strategy we’ll cover is wash trading. In a wash trade, an investor takes both buy and sell positions. This may be done in order to:
Usually wash trading is extremely hard to prove, as washed trades look very similar to real trades.
On July 27, however, Bitfinex unknowingly baited wash traders during the Bitcoin (BTC) fork to Bitcoin Cash (BCH). At the time of the fork, all BTC holders were to receive BCH commensurate with the amount of BTC they held.
To accommodate for BTC held in margin positions at the time, Bitfinex had to finesse the numbers. To quote the announcement:
BCH will be distributed to settled bitcoin wallet balances as of the UTC timestamp of the first forking block, which is expected to occur on August 1st, 2017.
The token distribution methodology will be:
  • All BTC wallet balances will receive BCH
  • Margin longs in BTC/USD and margin shorts in XXX/BTC will not receive BCH
  • Margin shorts in BTC/USD and margin longs in XXX/BTC will not pay BCH
  • BTC Lenders will receive BCH
Due to the net amount of BTC committed in margin positions at the time of the fork, the above methodology may result in Bitfinex seeing a surplus or deficit of BCH. As such, we will be resolving this discrepancy in the form of a socialized distribution coefficient. For example, currently, there are more longs than shorts on the platform, causing a distribution coefficient of ~1.091 (Meaning that for each qualifying BTC a user will receive 1.091 BCH). The actual coefficient will be calculated at the moment of the distribution.
These rules turned out to be game-able. Because Bitfinex did not charge BCH to open short positions leading up to the split, one could simply purchase 10 BTC and short 10 BTC. This way, you could collect free BCH without any exposure to BTC price volatility. If BTC drops, the shorts cancel out any loss. If BTC soars, the profits cancel out the short positions.
On July 27, there were more longs than shorts on the platform and the distribution coefficient was 1.091.
However, on August 1, the distribution coefficient moved to 0.7757.
Leading up to the fork, an enormous amount of short positions were created. And instead of prices going down, which is what usually happens when shorts increase so dramatically, prices actually went up.
To make matters even more dubious, shorts dropped by 24,000 on a single tick right after the fork.
The manipulation here was so obvious that even Bitfinex had to acknowledge it. They issued an official statement about the wash trading here.
Pump & Dump Group Executives
So we’ve talked about insider traders and whales.
The final type of traders we’re going to talk about are the pump & dump group executives.
Pump & dump (P&D) is a form of market manipulation that involves purchasing a cheap asset, artificially inflating its price, and then dumping the asset a higher price.
The cryptocurrency market is rife with such groups. Here are just a few:
Here’s howPump & Dumps work
  1. P&D executives find a coin that is easy to manipulate and easy to sell. I.e. A coin with a strong community, advertising potential, small order book, and low trading volume.
  2. Executives secretly accumulate the coin over time while trying not to affect the price.
  3. These executives spread their pump signals to their inner circle members who pay upwards of $300 for the privilege of hearing early signals.
  4. The first wave of pumpers start shilling on signal groups. They tell gullible investors that a pump is about to happen because of “new website updates”, or “new partnership announcements”, generally whatever angle they can spin.
  5. As the price rises, the P&D executives start dumping their coins.
  6. Once the executives are spent, they spread the signal to their paid members to begin dumping the coin.
  7. The price starts falling and like a game of soggy cookie, the slowest players lose.
Cryptomedication wrote a great piece exposing BravadoGroup and several large influencers in the crypto space planning large scale P&Ds.
The reason I single out P&D executives is because they are the only ones that consistently profit. They have the most control and the highest amount of influence.So much so that members are willing to pay $300 for the privilege of being used as pawns. The buyers in signal groups are even worse off. They are falsely led into buying into a promising, undervalued coin, without any knowledge that it will soon be dumped.

So you’re telling me the game is rigged and I’m boned, what should I do?

The simple answer is to stop actively trading.The more you try to time the market, the more you open yourself up to opportunities of getting screwed over.
Speculative trading is a zero-sum game. In order for investors to outperform the market, they require others to underperform the market. In an unfair market, the average investor will more likely lose to people who have an unfair advantage and are gaming the market.
This is why I genuinely believe the average investor should just index the entire market. If you’re in it for the technology and the long-term growth, why bother speculating at all? Just hold a small piece of the entire cryptocurrency market. Indices has been proven to beat 95% professional traders in equity markets over a 15 year-period.
This is why I built HodlBot. It’s an easy way to diversify across the top 20 cryptocurrencies by market cap. It indexes 87% of the entire cryptocurrency market. Every week, your portfolio automatically rebalance so you’re always tracking the top 20 coins. It helps you get some quiet sleep while active traders lie awake, staring at their phones. You can read more about it here.
The best thing about a total market index is that it can guarantee market performance. Active trading, on the other hand, cannot.
I don’t mean to spread FUD by pointing out all the different ways traders are ripping investors off. I just want investors to know what exactly free and unregulated markets really mean. We’re not protected by the SEC or any other sanctioning bodies. While this comes with unbridled freedom and breathing room for rapid innovation, it also means all foul play is fair play.
It’s a brave new world out there filled with all kinds of splendor and danger. If you’re going to take your chances, please make sure you’re prepared.
submitted by haggenballs to BitcoinMarkets [link] [comments]

Major Moon Math Update 2017-11-02

The Calculated Update

Several changes today, aside from the financial changes of consecutive ATH days.
Reddit is giving me more columns now, so I'm using them. Moon Math goes all the way back to July 2011. If we can agree on a price for January 1st, 2011, then I'll adjust to that.
I'm adjusting how the trends are determined in Azop's charts. The full rainbow trend will be updated daily to track with the 2012 CDPR. The 2017 trend will be drawn based on the 2017 CDPR. It's a subtle change, but you'd notice if you followed azop closely. He would adjust these rates periodically, too. I had them fixed at the values of his last post until today.
nannal 2020 and The Nannaling will now be calculated against all 11 columns. So, it's going to be a lot harder to score a 50%. As if it wasn't hard enough.

Azops Rainbow Charts

https://imgur.com/a/ZNs55

Full Moon Math Table

Label 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance 2016 - Present Performance 2015 - Present Performance 2014 - Present Performance 2013 - Present Performance 2012 - Present Performance 2011 - Present Performance July 2010 - Present Performance
From Date 2017-10-02 2017-09-02 2017-08-03 2017-01-01 2016-01-01 2015-01-01 2014-01-01 2013-01-01 2012-01-01 2011-01-01 2010-07-18
Starting Price USD $4,386.88 $4,580.39 $2,794.12 $997.73 $432.00 $312.00 $804.00 $12.50 $5.27 $0.30 $0.09
% Change 152% 146% 239% 668% 1543% 2136% 829% 53322% 126476% 2221769% 7405896%
Doubling in months 1.7 3.8 2.4 3.8 5.8 8.0 15.7 6.6 7.1 5.9 5.6
Doubling Period in Days 51 115 74 115 176 243 476 202 215 179 171
Days in period 30 60 90 304 670 1035 1400 1765 2132 2497 2664
Compounding Daily Periodic Rate 1.40409% 0.63% 0.97% 0.63% 0.45% 0.30% 0.15% 0.36% 0.33558% 0.40% 0.42%
Daily Periodic Rate 1.73% 0.76% 1.54% 1.87% 0.94% 0.53% 0.20% 0.73% 0.66% 0.91% 1.00%
Annual Rate of Investment 632% 277% 562% 682% 344.0% 194.4% 73.6% 266.4% 239.7% 331.9% 364.7%
Over $7,500.00 on 2017-11-10 2017-11-20 2017-11-14 2017-11-20 2017-11-28 2017-12-11 2018-01-19 2017-12-05 2017-12-07 2017-12-01 2017-11-30
Over $8,000.00 on 2017-11-15 2017-12-01 2017-11-20 2017-12-01 2017-12-12 2018-01-02 2018-03-02 2017-12-23 2017-12-26 2017-12-17 2017-12-15
Over $9,000.00 on 2017-11-23 2017-12-20 2017-12-03 2017-12-20 2018-01-07 2018-02-11 2018-05-19 2018-01-25 2018-01-30 2018-01-15 2018-01-12
Over $10,000.00 on 2017-12-01 2018-01-05 2017-12-13 2018-01-05 2018-01-31 2018-03-19 2018-07-28 2018-02-24 2018-03-03 2018-02-11 2018-02-06
Over $50,000.00 on 2018-03-26 2018-09-20 2018-05-29 2018-09-20 2019-01-24 2019-09-14 2021-06-27 2019-05-22 2019-06-26 2019-03-19 2019-02-23
Over $100,000.00 on 2018-05-15 2019-01-09 2018-08-09 2019-01-09 2019-06-28 2020-05-05 2022-09-29 2019-12-03 2020-01-19 2019-09-08 2019-08-07
Over $1,000,000.00 on 2018-10-27 2020-01-12 2019-04-04 2020-01-13 2020-11-22 2022-06-22 2026-12-01 2021-09-10 2021-12-06 2021-04-05 2021-02-04
nannal 's A+ on 2018-05-30 2019-03-24 2018-09-08 2019-03-25 2019-12-28 NEVER!!!! NEVER!!!! NEVER!!!! NEVER!!!! NEVER!!!! 2020-03-31
The Nannaling 54.5% What the shit is this?
nannal 2020 45.5% Read about it
http://moonmath.win
submitted by jarederaj to BitcoinMarkets [link] [comments]

Can Litecoin Halving Really Double Your Investment?

Can Litecoin Halving Really Double Your Investment?


Two big halvings in less than a year.
The next Bitcoin halving is less than a year away, and Litecoin’s block rewards are expected to fall within two months. These events are likely to restrict the supply of both cryptocurrencies, leading some speculators to count on the reduced supply for another bull run. In fact, given the recent run-up in price to a 12-month high of $128 at the time of writing, Litecoin halving fever already seems to have struck the market.
But, as we’ll see, those returns may not be as inevitable as some traders think.
Why Do Mining Rewards Fall?
The rate that new coins are created is cut in half every four years, effectively reducing inflation rates and cutting supply in the digital currency. Bitcoin’s current inflation rate is just over 4%, and will become 1.8% after the halving. In comparison, the U.S. Federal Reserve targets a 2% inflation rate each year.
Bitcoin inflation rate versus price over time. Via CoinMarketCap
Bitcoin has followed the same emission schedule since the genesis block, except for one slip-up: an inflation bug (CVE-2010-5139) created 184 billion bitcoins on August 15, 2010 at block height 74638.
Bitcoin supply curve. Source: messario.io
What will happen to the price of Bitcoin?
It’s risky to use previous halvings to draw a conclusion for the future, because it’s such a small sample size. However, we do know that inflation (and therefore supply) will decrease. ECON101 tells us that a supply decrease coupled with stagnant demand leads to a price increase, and we’ve predicted positive results for the halving before.
On the day of the first halving, November 28, 2012, the price of BTC was $12.35, and reached $127 just 150 days later. One year after the halving it was $205. 150 days prior to the halving the price was $5.24.
Bitcoin at the first halving. Via BuyBitcoinWorldwide.
So, the first halving was clearly a good time to buy BTC. If you had bought five months before the halving and sold it one year afterwards, your investment would have returned forty-fold returns.
The second halving was less dramatic, but still profitable. On July 9th, the day of the 2016 halving, the price of BTC was $650.63 and reached $758.81 just 150 days later. One year after the halving it was $2350. 150 days prior to the halving the price was $405. So, during that halving there was nearly a sixfold investment opportunity.
Bitcoin at the second halving. Via BuyBitcoinWorldwide.
Again, the sample size is small, but the relationship is clear – buying before the halving and holding for a long time afterwards has been very profitable.
What About Litecoin?
The impending Bitcoin halving has been well covered, but what does this mean for Litecoin – the silver to Bitcoin’s gold? Litecoin was launched as a fork of Bitcoin, which would be “four times as fast with four times the supply.”
Litecoin, like Bitcoin, still halves every four years. But its halving schedule has seemingly slipped under the radar.
To date, Litecoin has only had one halving, which was on August 26th, 2015, and the next halving is only two months away. This time the sample size is even smaller, since this event has only happened once in history. But the results are interesting given that they don’t really mimic Bitcoin’s.
The best metric to use on Litecoin is its price relative to BTC.
On the day of the halving LTC was worth 0.01272 BTC. 150 days later the price actually decreased by 35% to 0.008189 BTC. One year after the halving the price was nearly 50% lower at 0.006595 BTC.
Looking at the graph below, it’s clear that the price of LTC peaked approximately 6 weeks prior to the halving, as if traders anticipated similar results to the Bitcoin halving but were disappointed.
Litecoin price at 2015 halving
In the last halving, purchasing 8 weeks prior to the halving would have returned less than a 5% profit to the date of the halving.
As of June 6th, we are exactly 8 weeks away from the LTC halving date, but this one may not be easy money. Based on an (admittedly tiny) sample size, history shows that LTC is unlikely to hold its run against Bitcoin.
submitted by iTradeBit to bitcoin_crypto [link] [comments]

KW 33: Bitcoin Kurs auf 250.000 USD?  Langzeitwette Bitcoin  Altcoin Season  Stablecoins WARUM DER BITCOIN 2020 EXPLODIEREN WIRD August 15, 2010 - YouTube The BITCOIN Trend NOBODY is Seeing?!! ⚠️Crypto Analysis TA ... This man threw away $6 million worth of Bitcoins - BBC ...

Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin will hit $115,000 by August next year.In a recent letter to investors, Morehead said: “If the ... Bitcoin history for 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019. Bitcoin price chart since 2009 to 2019. The historical data and rates of BTC ... 2010 was the year after the year of Bitcoin's launch. Contents. 1 Events. 1.1 February; 1.2 April; 1.3 May; 1.4 July; 1.5 August; 1.6 September; 1.7 October; 1.8 November; 1.9 December; 2 References; Events February. 06 – Bitcoin Market, the first exchange, is launched. April. 14 – Martti Malmi starts the Bitcoin Wiki. May. 22 – Laszlo Hanyecz, a GPU miner, makes the first documented ... On August 15 2010, it was discovered that block 74638 contained a transaction that created 184,467,440,737.09551616 bitcoins for three different addresses. Two addresses received 92.2 billion bitcoins each, and whoever solved the block got an extra 0.01 BTC that did not exist prior to the transaction. This was possible because the code used for checking transactions before including them in a ... Bitcoin Kurs von 2009 bis 2018 Ja, ja, hätte man doch schon vor zehn Jahren in Bitcoin investiert, dann würde man wahrscheinlich zu diesen Leuten gehören, die nun als Bitcoin Millionäre in die Geschichte eingehen konnten. 2007 wurde erstmals an dem Netzwerk gearbeitet, von einer unbekannten Person, die dies unter dem Pseudonym Satoshi Nakamoto tat.…

[index] [45142] [41958] [37515] [15258] [39225] [27351] [41219] [27608] [27891] [22115]

KW 33: Bitcoin Kurs auf 250.000 USD? Langzeitwette Bitcoin Altcoin Season Stablecoins

Subscribe to BBC News www.youtube.com/bbcnews If someone told you you just threw away over $6 million worth of bitcoins, well you wouldn't be too happy. You ... Vocal Arangetram ''Rahavie Ravi'' August 15, 2010 - Part 8 Click here to select the mining site https://bit.ly/2VgAwCq http://bit.ly/3kt7Kso www.inboxdollars.com www.superpay.met www.redbubble.com Can't hurt me of Da... Im heutigen Video sprechen wir über die Gründe warum der Bitcoin nicht vom Thron gestoßen werden kann und 2020 explodieren wird. Außerdem sehen wir uns an warum Kryptowährungen in Krisen ... WOW!! This Bitcoin and Ethereum Technical Analysis is CRAZY!!! We will check BTC and ETH and also one secret altcoin trade! $502 FREE on our Trusted Exchange...

#