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dpg78
As I said, I have no view. I simply repeat the Gary Gensler view that Bitcoin has merit and the rest of crypto is the Wild West.
If you have an argument with that, go text Gary. I don’t care. I may be repeating myself now.
dpg78
“ I could start BitcoinDPG tomorrow if I was so inclined. What separates BTC is the value that the collective owners give it, it’s open source, anyone can use the code.”
Yes. But that isn’t Bitcoin, is it.
Ethereum is an infrastructure to build Distributed Apps using blockchain technology. It is an entirely different and expanded concept. You shouldn’t accuse things you don’t understand as a ponzi scheme, currently many uneducated in crypto believe Bitcoin is a Ponzi scheme…. It’s just a lack of understanding that leads people to come to that conclusion.
I could start BitcoinDPG tomorrow if I was so inclined. What separates BTC is the value that the collective owners give it, it’s open source, anyone can use the code.
How do you think Bitcoin cash emerged you knucklehead mcspazatron?
dpg78
“
“I’ll bet there is no Bitcoin London hard fork” - eh? Have you read anything about ETH, do you know what it is used for. This statement is asinine…”
Asinine? Can Bitcoin be changed, because the owners of Bitcoin want to change it?
Is Eth completely independent, or are there owners, or administrators, like with fiat currencies?
Poptimist: I agree 100% with what you're saying about manipulation of BTC. Hopefully Gary Gensler will sort that out. Maybe it also goes on with ARB. I have no idea. I'm just saying that I didn't see anything unusual in its overall behaviour, given its volatility. I'll take a look at the things that you mentioned.
“I’ll bet there is no Bitcoin London hard fork” - eh? Have you read anything about ETH, do you know what it is used for. This statement is asinine…
@Poptimist "Cane Toad, you come across to me as a superior type and declared staunch supporter of ARB with a whiff of diversional, quiet FUD hue."
Well thank you Poptimist!
Mostly, I'm just a greedy git like the rest of you... I research, I buy, I wait for a rise and I finally sell; then repeat. That's it. But I like to check some things, like correlation, especially when people make claims such as the other miners rising more quickly than ARB, or that the others follow BTC more closely, which just isn't based on facts. I noticed, not even one person commented on my correlation figures. My view is often wrong, as is everbody elses, but those correlation figures are not my view, they're fact. ARB is just as closely correlated with BTC as the other miners.
Of course, I also hold MARA, RIOT, HUT etc. Not biased towards ARB in the least.
I have no view.
GG seems to split crypto into good (bitcoin) and bad (xxxxcoin).
Maybe you are right. Maybe he spent too many years lecturing on bitcoin, he forgot the ponzi stuff.
I'll bet there is no bitcoin London Hard Fork.
Have to agree, ETH is far from a xxxxcoin. Gary needs to do some more research.
ParkDog
"I did think that but I think that investors know that bitcoin is being played (Wyckoff) so they're being sensible and investing in Ether because it's so obviously going to go up and it's not being manipulated the same way"
ETH is a xxxxcoin. Official from Gary Gensler.
Just check out the prices secured for post close auction bids. Then ask where the shares bought at auction come from? Secondly, look back at when ARBKF was listed on the OTC market. Same question, whenever a rise there is expected on the back of good news or RNS reports, the London price gets a kicking. The manner these "black pools" operate is naturally closely guarded. However, don't come after me as a layman and inexperienced private investor, just watch the SEC Chief Gensler link posted earlier. Or tell him he's a stupid plonker to think as I do. As for your position, Cane Toad, you come across to me as a superior type and declared staunch supporter of ARB with a whiff of diversional, quiet FUD hue. Just saying.
It seems that every day over the last 2 weeks a 5% swing. Play it right and make some money...
I'm happy to change my view if you show me some solid buy/sell figures demonstating manipulation; *not* the approximate ones on LSE. i.e. unreported shorts, spoof orders on L2, etc.
I did think that but I think that investors know that bitcoin is being played (Wyckoff) so they're being sensible and investing in Ether because it's so obviously going to go up and it's not being manipulated the same way
If it's being kept down, why do the numbers show that ARB has an even higher correlation against BTC that HUT or RIOT?
I'm not saying that it's *not* being manipulated, but it's just that the data does not show it, either on the short- or long time scale. Hey, maybe I'm wrong...
Looks like Ether is dragging up BTC!
Now the big 3.3% rise has hit before ARB public close the fiddling will scream out loud its presence. Bar stewards need sorting FCA, WTFAY?