Originally posted by AtW
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Cryptocurrency
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Paper wallets are not safe.
https://en.bitcoin.it/wiki/Paper_wallet
A paper wallet is the name given to an obsolete and unsafe method of storing bitcoin which was popular between 2011 and 2016.First Law of Contracting: Only the strong surviveComment
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Terry Smith (probably the last fund manager superstar left in the UK?) on Bitcoin :
https://www.ii.co.uk/analysis-commen...ncies-ii515234
...personally can't argue with anything he says .... and I like the way he doesn't just rubbish it.
Clearly, as a transactional currency, Bitcoin as it stands, is not fit for purpose.
Love the bit .... 'speaking from his home in Mauritius.'Comment
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Originally posted by mogga71 View PostTerry Smith (probably the last fund manager superstar left in the UK?)
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Originally posted by AtW View PostBitcoin to $40k by Mid-March
https://www.tradingview.com/chart/BT...-by-Mid-March/
Well, that settles that then.
Still can't get my head around how something with a market cap of $1tn is so damn volatile. It's fallen almost 25% in 6 days!Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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It’s only a real market cap if one could sell large quantity and price won’t drop much - what would be tulipcoin price if Satoshi sold his 1 mln tulip coins for 40 bln?Comment
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Originally posted by AtW View PostIt’s only a real market cap if one could sell large quantity and price won’t drop much - what would be tulipcoin price if Satoshi sold his 1 mln tulip coins for 40 bln?Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by DealorNoDeal View Post
Yes, I wonder what % of coins are actually ever in play. It could be a small fraction which might explain the large price movements. Either that or it's a market traded by skittish idiots.
Every transaction is public.
Last I heard it was estimated that Satoshi's wallet contained half the coins ever mined, but haven't traded, at all, for many years. He may be dead, forgotten his password, lost the key, or hodling with a plan to screw everyone.See You Next TuesdayComment
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Originally posted by Lance View PostEvery transaction is public.Comment
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Originally posted by AtW View Post
Transactions inside "exchanges" don't get reflected on blockchain, Shirly?
How do you even know they have enough BTC to cover all the money they've taken? You don't, until you try and take it out.
Before BTC crashes entirely (which will happen) there will be a run on the exchanges.
See You Next TuesdayComment
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