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Bitcoin: Does it have a future ?
Rank: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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Mukiri wrote:obiero wrote:Spikes wrote:obiero wrote:Thank you for the information How relevant is the information to you since you're anti-bitcoin? Very relevant Good move. Just like the ongoing regulation, I believe its in everyone's best interest to tame the wild west that is Crypto. Lots of cowboys out there Regulation is welcome,so is digital indetity.We can never go mainstream with this "anonymous" manenos. Meanwhile for the crypto traders on twitter,you might want to give a follow to some ninja,@cryptochoe,lets just say his calls are right on the money. Never lose your position in a bull market,BTFD.
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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mamilli wrote:Mukiri wrote:obiero wrote:Spikes wrote:obiero wrote:Thank you for the information How relevant is the information to you since you're anti-bitcoin? Very relevant Good move. Just like the ongoing regulation, I believe its in everyone's best interest to tame the wild west that is Crypto. Lots of cowboys out there Regulation is welcome,so is digital indetity.We can never go mainstream with this "anonymous" manenos. Meanwhile for the crypto traders on twitter,you might want to give a follow to some ninja,@cryptochoe,lets just say his calls are right on the money. Here's what Warren Buffet had to say https://www.cnbc.com/201...-since-january-2015.html HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:mamilli wrote:Mukiri wrote:obiero wrote:Spikes wrote:Thank you for the information How relevant is the information to you since you're anti-bitcoin? Very relevant Good move. Just like the ongoing regulation, I believe its in everyone's best interest to tame the wild west that is Crypto. Lots of cowboys out there Regulation is welcome,so is digital indetity.We can never go mainstream with this "anonymous" manenos. Meanwhile for the crypto traders on twitter,you might want to give a follow to some ninja,@cryptochoe,lets just say his calls are right on the money. Here's what Warren Buffet had to say https://www.cnbc.com/201...since-january-2015.html[/quote] Cryptocurrency is here to stay till it makes legendary investors look stupid! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Pump....& Dump games going on Worries Grow That the Price of Bitcoin Is Being Propped UpQuote:.....Because of the credibility that comes with that tie to the dollar, Tether are often used to buy other virtual currencies like Bitcoin.
In recent months, however, many investors have been raising alarm bells about Tether. Hundreds of millions of dollars worth of new Tether were created; almost always when the prices of other virtual currencies were heading down. The Tether were used on the Bitfinex exchange to make big purchases of Bitcoin and other tokens, helping push their prices back up, according to multiple analyses of data from Bitfinex.
“This became more and more concerning, because every time the markets went down, you have seen the same thing happen,” said Joey Krug, the co-chief investment officer at Pantera Capital, which runs several virtual currency hedge funds. “It could mean that a lot of the rally over December and January might not have been real.”
Bitfinex had contracted with an American firm, Friedman, to audit its records and prove that its operation of Tether is above board. But last week, Bitfinex said it was cutting ties with Friedman, after waiting months for it to finish the audit. That news generated more suspicion.
“It’s a signal to the market of what those who have scrutinized the situation already believe: There is a problem here,” said Jill Carlson, a former trader at Goldman Sachs who now consults with a variety of virtual currency companies. “The dissolution of a relationship between an auditor and a company is very rarely a good sign that the company is behaving in accordance with market best practices.”
The above is one good reason you'd want some kind of govt regulation over your money. Its rough out there in the "wild wild west" "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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murchr wrote:Pump....& Dump games going on Worries Grow That the Price of Bitcoin Is Being Propped UpQuote:.....Because of the credibility that comes with that tie to the dollar, Tether are often used to buy other virtual currencies like Bitcoin.
In recent months, however, many investors have been raising alarm bells about Tether. Hundreds of millions of dollars worth of new Tether were created; almost always when the prices of other virtual currencies were heading down. The Tether were used on the Bitfinex exchange to make big purchases of Bitcoin and other tokens, helping push their prices back up, according to multiple analyses of data from Bitfinex.
“This became more and more concerning, because every time the markets went down, you have seen the same thing happen,” said Joey Krug, the co-chief investment officer at Pantera Capital, which runs several virtual currency hedge funds. “It could mean that a lot of the rally over December and January might not have been real.”
Bitfinex had contracted with an American firm, Friedman, to audit its records and prove that its operation of Tether is above board. But last week, Bitfinex said it was cutting ties with Friedman, after waiting months for it to finish the audit. That news generated more suspicion.
“It’s a signal to the market of what those who have scrutinized the situation already believe: There is a problem here,” said Jill Carlson, a former trader at Goldman Sachs who now consults with a variety of virtual currency companies. “The dissolution of a relationship between an auditor and a company is very rarely a good sign that the company is behaving in accordance with market best practices.”
The above is one good reason you'd want some kind of govt regulation over your money. Its rough out there in the "wild wild west" When NYT, Forbes and Buffet are speaking from the same script, you know that the goose is cooked.. https://www.forbes.com/s...ime-around/#d6877a9122d5 HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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Mukiri wrote:obiero wrote:Spikes wrote:Eti next stop...Utanunua? I will only accept it as a gift. Will not spend even half a KES on this craze Even as a gift it would be a stressful. Such gifts you send my way 1. Bitfinex Tether subpoena 2. Japan half billion hack 3. Asian Lunar year spending spree estimated @ $100B 4. S. Korea/China/Australia bullying of Crypto firms It's a dark period for Crypto. ETA recovery is Q3-Q4 Opened the day in New York at 9,880.. Chunga mifuko na poleni, at least we tried to warn those of open mind. The only good thing is that very few Kenyans are actually invested in this crap, just bloggers who were riding an imaginary bull. Poleni to the ones who are actually invested here https://bitcointicker.co HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Mukiri wrote:obiero wrote:Spikes wrote:Eti next stop...Utanunua? I will only accept it as a gift. Will not spend even half a KES on this craze Even as a gift it would be a stressful. Such gifts you send my way 1. Bitfinex Tether subpoena 2. Japan half billion hack 3. Asian Lunar year spending spree estimated @ $100B 4. S. Korea/China/Australia bullying of Crypto firms It's a dark period for Crypto. ETA recovery is Q3-Q4 Opened the day in New York at 9,880.. Chunga mifuko na poleni, at least we tried to warn those of open mind https://bitcointicker.co You're being shafted by KQ now you're unable to exit because of the abyss of stock consolidation. ...Ni kweli nyani haoni gubaye uliona la mwenziwe. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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Spikes wrote:obiero wrote:Mukiri wrote:obiero wrote:Spikes wrote:Eti next stop...Utanunua? I will only accept it as a gift. Will not spend even half a KES on this craze Even as a gift it would be a stressful. Such gifts you send my way 1. Bitfinex Tether subpoena 2. Japan half billion hack 3. Asian Lunar year spending spree estimated @ $100B 4. S. Korea/China/Australia bullying of Crypto firms It's a dark period for Crypto. ETA recovery is Q3-Q4 Opened the day in New York at 9,880.. Chunga mifuko na poleni, at least we tried to warn those of open mind. The only good thing is that very few Kenyans are actually invested in this crap, just bloggers who were riding an imaginary bull. Poleni to the ones who are actually invested here https://bitcointicker.co You're being shafted by KQ now you're unable to exit because of the abyss of stock consolidation. ...Ni kweli nyani haoni gubaye uliona la mwenziwe. I don't require the funds I have invested in KQ.. Loose change! As most wazuans would know by now, my portfolio in stock is less than 10%.. Further every rational human would agree by witnessed volume that KQ is not a 'trading' share at the moment until the Open Offer circular is released to form equilibrium between the majority restructured stock and that held by minority.. Meanwhile I repeat, pole sana HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Spikes wrote:obiero wrote:mamilli wrote:Mukiri wrote:obiero wrote:Spikes wrote:Thank you for the information How relevant is the information to you since you're anti-bitcoin? Very relevant Good move. Just like the ongoing regulation, I believe its in everyone's best interest to tame the wild west that is Crypto. Lots of cowboys out there Regulation is welcome,so is digital indetity.We can never go mainstream with this "anonymous" manenos. Meanwhile for the crypto traders on twitter,you might want to give a follow to some ninja,@cryptochoe,lets just say his calls are right on the money. Here's what Warren Buffet had to say https://www.cnbc.com/201...since-january-2015.html[/quote] Cryptocurrency is here to stay till it makes legendary investors look stupid! Yes, I agree, cyrptocurrencies are here to stay but not bitcoin and other coins which are being bought as assets, do you buy cash as an asset? If Obiero did it, Who Am I?
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Swenani wrote:Spikes wrote:obiero wrote:mamilli wrote:Mukiri wrote:obiero wrote:Spikes wrote:Thank you for the information How relevant is the information to you since you're anti-bitcoin? Very relevant Good move. Just like the ongoing regulation, I believe its in everyone's best interest to tame the wild west that is Crypto. Lots of cowboys out there Regulation is welcome,so is digital indetity.We can never go mainstream with this "anonymous" manenos. Meanwhile for the crypto traders on twitter,you might want to give a follow to some ninja,@cryptochoe,lets just say his calls are right on the money. Here's what Warren Buffet had to say https://www.cnbc.com/201...since-january-2015.html[/quote] Cryptocurrency is here to stay till it makes legendary investors look stupid! Yes, I agree, cyrptocurrencies are here to stay but not bitcoin and other coins which are being bought as assets, do you buy cash as an asset? Money market is in existence since time immemorial. Currency pairs USD/KES, GBP/CAD,EUR/AUS etc trade 24/7 ...The same concept is applied in digital currencies just like in traditional fiat money. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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Spikes wrote:Swenani wrote:Spikes wrote:obiero wrote:mamilli wrote:Mukiri wrote:obiero wrote:Spikes wrote:Thank you for the information How relevant is the information to you since you're anti-bitcoin? Very relevant Good move. Just like the ongoing regulation, I believe its in everyone's best interest to tame the wild west that is Crypto. Lots of cowboys out there Regulation is welcome,so is digital indetity.We can never go mainstream with this "anonymous" manenos. Meanwhile for the crypto traders on twitter,you might want to give a follow to some ninja,@cryptochoe,lets just say his calls are right on the money. Here's what Warren Buffet had to say https://www.cnbc.com/201...since-january-2015.html[/quote] Cryptocurrency is here to stay till it makes legendary investors look stupid! Yes, I agree, cyrptocurrencies are here to stay but not bitcoin and other coins which are being bought as assets, do you buy cash as an asset? Money market is in existence since time immemorial. Currency pairs USD/KES, GBP/CAD,EUR/AUS etc trade 24/7 ...The same concept is applied in digital currencies just like in traditional fiat money. The technology behind bitcoin should have value but not the currency itself as legal tender. It's either a con game or the bubble of a lifetime, nothing else HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Spikes wrote:Swenani wrote:Spikes wrote:obiero wrote:mamilli wrote:Mukiri wrote:obiero wrote:Spikes wrote:Thank you for the information How relevant is the information to you since you're anti-bitcoin? Very relevant Good move. Just like the ongoing regulation, I believe its in everyone's best interest to tame the wild west that is Crypto. Lots of cowboys out there Regulation is welcome,so is digital indetity.We can never go mainstream with this "anonymous" manenos. Meanwhile for the crypto traders on twitter,you might want to give a follow to some ninja,@cryptochoe,lets just say his calls are right on the money. Here's what Warren Buffet had to say https://www.cnbc.com/201...since-january-2015.html[/quote] Cryptocurrency is here to stay till it makes legendary investors look stupid! Yes, I agree, cyrptocurrencies are here to stay but not bitcoin and other coins which are being bought as assets, do you buy cash as an asset? Money market is in existence since time immemorial. Currency pairs USD/KES, GBP/CAD,EUR/AUS etc trade 24/7 ... The same concept is applied in digital currencies just like in traditional fiat money. If Obiero did it, Who Am I?
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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obiero wrote:Mukiri wrote:obiero wrote:Spikes wrote:Eti next stop...Utanunua? I will only accept it as a gift. Will not spend even half a KES on this craze Even as a gift it would be a stressful. Such gifts you send my way 1. Bitfinex Tether subpoena 2. Japan half billion hack 3. Asian Lunar year spending spree estimated @ $100B 4. S. Korea/China/Australia bullying of Crypto firms It's a dark period for Crypto. ETA recovery is Q3-Q4 Opened the day in New York at 9,880.. Chunga mifuko na poleni, at least we tried to warn those of open mind. The only good thing is that very few Kenyans are actually invested in this crap, just bloggers who were riding an imaginary bull. Poleni to the ones who are actually invested here https://bitcointicker.co Asanti kwa rambirambi zako. Tume poa
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Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
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@Spikes & @Mukiri.
I asked a few days ago and I'll ask again.
Kindly, describe for me how you convert cryptocurrency into KES, credited in your local(Kenyan) bank account?
Tafadhalini.
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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mamilli wrote:Mukiri wrote:obiero wrote:Spikes wrote:obiero wrote:Thank you for the information How relevant is the information to you since you're anti-bitcoin? Very relevant Good move. Just like the ongoing regulation, I believe its in everyone's best interest to tame the wild west that is Crypto. Lots of cowboys out there Regulation is welcome,so is digital indetity.We can never go mainstream with this "anonymous" manenos. Meanwhile for the crypto traders on twitter,you might want to give a follow to some ninja, @cryptochoe,lets just say his calls are right on the money. Thank you. My all time favorite is Revv Nissan on Facebook. He doesn't make calls often. He's currently shilling DBET, which I really don't believe in, because he's an adviser thus has a healthy stake, but ALL other calls are money makers
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Nic Trades on Facebook has some pretty impressive analysis. Goes live every Monday midnight.
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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India Finance Ministry calls Bitcoin a ponzi scheme and files motion for total ban https://qz.com/1195316/b...as-cryptocurrency-party/ HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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mkeiy wrote:@Spikes & @Mukiri.
I asked a few days ago and I'll ask again.
Kindly, describe for me how you convert cryptocurrency into KES, credited in your local(Kenyan) bank account?
Tafadhalini. This is information that you are better off not knowing exactly how to effect.. Let this skunk stink from a distance. Thank me later HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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Tomorrow Bitcoin touches 8k mark.. 1 in 10 Bitcoin trades occur daily in India so today's move by the country is disturbing to the ponzi. At this point we stop and ask ourselves as wazua, what kind of investment is this that keeps dropping week after week, day after day HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:Tomorrow Bitcoin touches 8k mark.. 1 in 10 Bitcoin trades occur daily in India so today's move by the country is disturbing to the ponzi. At this point we stop and ask ourselves as wazua, what kind of investment is this that keeps dropping week after week, day after day Why are you focusing on Bitcoin only... possunt quia posse videntur
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