Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9156. (Read 26715880 times)

The universe does not give a fuck for starters.
Then compared to the number of planets/stars/galaxies, BTC fixed supply is scarce.
The restarted/repeated coins are not BTC, but something else. r0achcoins.

Hey! I resemble the above! (dang nab it, the youth of the world..mumbles to self wanders off tries to kick cat who ignores him)

That's the understatement of the millennium
(Yeah ...I quoted it (only 4 words ,mind you)... my humble apologies)

*ftfy

Djingis Khan and his hordes weren't born terrorists. They were born nomads.
And of course the muslim neighboring countries don't have problems with the muslim Uighurs, they are already converted.
It's the Chinese that's targeted for conversion to Islam by force that's facing the problem now.

I think it's just because bakkt is dealing futures, not bitcoins. So you will be able to buy calls and puts on futures, and then getting or giving these futures when you will exercise your options. Then you will be able to get "physical" bitcoins with your futures.  
 
https://medium.com/bakkt-blog/bakkt-bitcoin-options-on-futures-to-launch-december-9-an-industry-first-8fb2bd686abb

Big next lag down comeing any momant. Please be careful

Sharp drop is making approachmant in the TA range.

You can subscribe my channel YouTube please. It’s comeing any day a full channel TA Analysis. I’m a full time on YouTuber.

Bitcoin is scarce?  That's news to the universe, because the universe says that just like every other artificial scarcity scheme that doesn't occupy a fixed position in the lattice of space, it can be replicated infinitely.  If the price went too low causing a bunch of miners to shut off, causing a cascading collapse of even more miners and a chain freeze, Bitcoin can be restarted right back up at a new genesis block again from square one.  So where is the scarcity?  It doesn't exist.  This process could be repeated a million times.  It can even be repeated without the first chain dying.

Are you spawning a new universe by spawning a new genesis block?  No.  Something has to actually exist in THIS universe to have real scarcity.  Not a fake universe, aka a video game that you try to trick people into playing in a confidence game scam.  Because that's what Bitcoin is, the world's most primitive MMORPG video game.  The servers are distributed, but not decentralized.  Instead of having inputs like up, down, left, right, you have only one input, hashing, and whoever hashes fastest earns some temporary, valueless, Super Mario tokens.

More advanced multiplayer video games than Bitcoin like "World of Warcraft" already proved that virtual coins that don't exist on distributed servers can have some form of temporary value, so Bitcoin has actually done nothing new AT ALL.  It's not possible to create a decentralized digital currency because transaction validators are always designed to centralize, so it's an apples to apples comparison contrasting the video game known as Bitcoin's distributed servers to World of Warcraft's distributed servers.

As I've said before, the purpose of money is to transfer value from the present to the future, which requires use of a non-perishable, physical commodity.  Is there any guarantee of the World or Warcraft servers still being up tomorrow?  No.  Is there any guarantee of Bitcoin miners or nodes still being there tomorrow since they require constant resource expenditure and a constant introduction of new greater fools willing to supply those resources?  NO. Even if you could guarantee a stream of new fools, it can still fall apart from a million other black swans like the cryptography blowing up.  So, no, there is no scarcity, it's just a fragile MMORPG video game that can reboot or die at any second and is obviously not a real commodity or money.

Well, if’n you’re gonna react based upon something other than what I actually write, that’s all on you.

Ahah funny!
Either I accidentally skipped that paragraph (maybe) or they edited the information after I read it (possible, as I posted quite straight away after publication).
Anyway I think it is a very weird characteristic for a listed option contract. It could even potentially lead to price discrepancies depending on the settlement price. For this reason I guess the choice is on the option to trade, not the option on the settlement itself: I.e. we will have “twin options” to be traded, one for the cash settlement and one for the physically settled.
Again, it’s very strange choice for an exchange. Also because cash settlement option will be directly competing against the CME options CME will launch in January.
We know how it ends when you compete with CME (CBOT future?)

Maybe it's not Joe Rogan, but that AI version of him by Dessa?

No words needed ———>


https://twitter.com/bitiraofficial/status/1187460026220400640?s=21

A while back I was phished by the other bitcointalk (.to or something like that). It's the only bitcointalk that comes up in google searches.

They got my e-mail and password.

I received an e-mail (on that e-mail address) saying that they hacked my computer and have my password (they revealed the password I had used on bitcointalk) and said they have all of my information and have video of me "pleasuring myself" (lol). That if I did not send them some DASH they would reveal the video to the world. Also, because they hacked my computer they would know if I read that e-mail. Also they deleted any trace of the malware I "had downloaded".

Fortunately I don't re-use passwords and my laptop has a hardware switch to turn off all devices I do not use (such as the camera, microphone, bluetooth, wifi) so I knew instantly that the e-mail was BS. (It is almost as if I am keeping my information from nosy governments...)

FYI in case you've been hit by that phishing site in the past.

Also, having been through shit like this with governments twice...think about what you would lose today if some government official walked into your house right this very second and confiscated all of your electronics (phone, computers, etc.) and had them in their possession to unlock any password they desired (except the many layers of encryption I had on my computer when the German government took it the first time). You have no preparation and it comes when you least expect it. Protect yourself. The more you live your life with some small bits of freedom, the more of a target you become.

I'm just glad I did not follow through with being a gold bug like I was before Bitcoin.

Those Fiat submitted fucks.
I can't believe this 

The source is the link you provided: https://www.coindesk.com/bakkt-to-launch-options-on-its-bitcoin-futures-dec-9

"Notably, customers will have the choice of options contracts settled with cash, meaning customers receive the fiat equivalent to the contract’s value at expiration, or physically, meaning they receive the actual bitcoin."

I can go 100% into silver and not be scared of being demolished.  No matter WHAT price point someone goes all-in on Bitcoin at, whether the market cap is $1 million or $200 billion, you will always be scared of losing it all.  That's gambling.  The fact that whether the market cap of Bitcoin is low or high has virtually no effect on it's risk is a major red flag.  If it's NEVER possible to go all-in on Bitcoin without enormous risk, it's obviously not a valid monetary instrument and just another example of why Aristotle says money is required to be a physical commodity since that's the only thing that prevents a monetary instrument from imploding to nothing.

I mostly agree with this. A 1% allocation would've been reasonable pre-2016 or so, when bitcoin was still a possible black swan event in the making, or possibly a flash in the pan.

Since we're making recommendations here, I'll recommend everyone has 40%+ of their net worth in bitcoin. Go big or go home.

If you're only willing to put 1% of your money in something, it's definitely not an 'investment'.  A high risk, pump and dump scam maybe, but only willing to risk 1% is not an investment.  To me the word investment implies you actually have confidence in what you're purchasing, and 1% is not confidence.  That would be gambling, not investing (from the relative viewpoint of the individual).  

Option on a physically settled future on bitcoin are basically the same thing of an option on the bitcoin itself. I really can’t see any difference.
They are doing so to “recycle” a few items legally I think. But nothing real for the user.

Edit: I saw the message from Javi on the choice between physical or cash settlement of the options. I don’t know his source, but it looks very odd to me, but everything is possible.
If I know more, I will let you know.

It's harder to push prices around with options than it is with futures. But I don't know about options on futures: it isn't a kind of asset I've ever heard about before Bakkt. Not that I am a derivative pundit anyway.

The Uighurs weren't born terrorists. They were born nomads. Most of them are harmless people living in nearby countries, where their ethnicity is just one ingredient in a fairly tolerant, diverse mix. Those who were "trapped" in China got the stick. It's easy to understand that some might have gotten a bit vocal.