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Blockchains, cryptocurrencies and the future...

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DB008 said:
Like l said, be extra careful and double check everything twice before just clicking away. If your new to this game and send Bitcoin to Bitcoin Cash wallet, you'll more than likely lose those funds. Gone. Never to be seen again.
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Daylight robbery/scam into someone's pocket or disappear into thin air?

Shouldn't this be reported to Apple?
 
**This is my opinion only.

Caution

As of right now, l am putting myself on an extreme warning and liquidating all assets for a month or two. There will be more purchasing opportunity, but l think this could be a time to sit on the sidelines and wait.

Bitcoin price has been manipulated by Bitfinex and it is only a matter of time before it collapses.

Bitfinex and US Tethers (US Tethers are meant to be USD 1:1) - extremely shady, dark, twisted, illegal practices are being used right now and l predict a upcoming crash on Bitcoin. When this happens, it will be great buying opportunities.

http://www.ofnumbers.com/2017/11/09/a-note-from-bob-on-the-transparency-of-tether/

https://medium.com/@bitfinexed/are-...d-for-margin-lending-on-bitfinex-5de9dd80f330

This is my opinion only.
 
Hey DB and all others watching, just saw this video called The Bitcoin Bubble - How Will it End. It also makes reference to the tech crash and 1987 share market crash, also has a bit of humour in it. "What the hell is Lady Ga Ga." Good watching.
 
Hey Bill,
I sent this to you via PM, but l'll share it.
Why Western Union and finance is dead and/or on life support in the next 5-10 years.

Remember, this transaction could have been to anywhere in the world : to the bloke next door or from the North Pole to Melbourne.


 
Hi guys, is it possible to bet against the Bitcoin market? e.g. put options, or simple shorts. I just have an Interactive Brokers account.
 
DB008 said:
Bitcoin forked again yesterday

Bitcoin Diamond was born
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DB008 are you going to received this Bitcoin Diamond fork?

From memory you went through BTC Markets and receive Bitcoin Cash and Bitcoin Gold?
Right.

Was talking to my niece about the Bitcoin Cash and Bitcoin Gold fork, she knew about it but did not received any, she went through a US bitcoin exchange.
 
If you owned Bitcoin, you will always receive the forked coins. It's better to have it on a wallet than an exchange. I said a few posts ago that some exchanges are holding onto the new forked coins, which is illegal IMO.
I'm going to hold Bitcoin Diamond (once you receive it).
Just think of these forks as share splits, or dividends.

I had my Bitcoins on Coinomi for the Bitcoin forks. Received them a month or so after the fork.
 
If you had bitcoin on an exchange like Exodus on the date of the Bitcoin Gold fork then you are most likely going to get your Bitcoin Gold. I wasn't sure so I dug around and found that in fact BTG will be there waiting for you. Sure enough today I found it and I got some free money. You don't have to rush to do this.

I followed this blog to claim my BTG and it worked: https://coinsutra.com/claim-bitcoin-gold-btg/
 
DB008 said:
Why Western Union and finance is dead and/or on life support in the next 5-10 years.

Remember, this transaction could have been to anywhere in the world : to the bloke next door or from the North Pole to Melbourne.
Click to expand...
Authorities in some capacity are gonna jump on this because criminals will or are using it.
 
Thanks DB008 and Thanks Bill M.

Will pass the info to my niece.

I personally don't have any cryptocurrencies or account, but will open one just in case.
At the dizzying pace Bitcoin is running it tempt me & also frighten me.

I'll have to start with Ripple (poor man's bitcoin) and perhaps it will have a ripple effect when I check my bottom drawer many years down the track, hopefully sooner.
 
Wysiwyg said:
Authorities in some capacity are gonna jump on this because criminals will or are using it.
Click to expand...

Australia is actually going to embrace blockchain technology. Legislation is being drafted at the moment.

The privacy coin Monero is the one coin which is currently being used on the dark web.
The FBI have already admitted they can't trace/follow this one. It was recently used in the crypto locker virus in Europe, where the hackers converted Bitcoin to Monero, and vanished......
 
It's a sea of Green at the moment. Surely there has to be some kind of pullback soon? Or not?

BTC, ETH and a lot of the smaller alts have been going gang-busters.

Bitcoin nudging 13k. The way it's going, it might hit 20k by the end of the year...

Here is another small penny stock crypto that might do well in the future...

Request https://request.network/#/
 
Turnbull government invests in blockchain
​

A Turnbull government frontbencher has said the Coalition is not afraid of getting into business with companies in the cryptocurrency world after it made a multimillion-dollar taxpayer funded investment in bitcoin technology.

Angus Taylor, the Assistant Minister for Cities and Digital Transformation, on Friday awarded the government's second largest grant in its Smart Cities and Suburbs program to a project partly run by Power Ledger the first Australian company to list itself on digital currency exchanges.


 
In the last 2 weeks I have paid my unit levys, topped up my super and dropped cash into my NAB account with BTC, works very well. All I need now is a local ATM but there are other simple ways of getting your BTC into your bank accounts or to use them to pay your bills.
 
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