Baltic Oil Terminals Share Discussion Threads

[powereddrones] 28/3/2022 11:37

$47K BTC very strong, I don't know if we'll push through $50K on this move, but all eyes on it.

[powereddrones] 17/3/2022 18:12

Large swathes of people are being left behind in the current system. No good having a million in the bank when you are elderly. How on earth are you going to access it? Learn about Bitcoin NOW.



Britain's vanishing High Street banks: After HSBC announced plans to axe 69 more branches how total in UK has plunged from 20,528 in 1988 to 8,810 today - as interactive map shows devastating decline in YOUR area

[sideshowbull] 11/3/2022 20:35

If you don't own BTC even a small amount are you going to be left behind?


At least learn how it works.

Buy $5 worth.

Test and explore.

No avdice

BWRFDIK

[powereddrones] 11/3/2022 17:27

UK watchdog tells bitcoin ATMs to shut down

[powereddrones] 23/2/2022 01:54

hxxps://charts.woobull.com/bitcoin-mayer-multiple/
About Mayer Multiple
Introduced by Trace Mayer as a way to gauge the current price of Bitcoin against its long range historical price movements (200 day moving average), the Mayer Multiple highlights when Bitcoin is overbought or oversold in the context of longer time frames.

It`s worth noting as the market becomes larger and less volatile, the peaks are becoming less exaggerated. This is because a 200 day moving average baseline is a static yardstick against an ever growing, more stable, Bitcoin market. We should recalibrate what consitutes the overbought/oversold extremes on this chart accordingly.

Until now this chart has been displayed on a linear vertical axis, I created this chart as it`s important to have it plotted on a log chart to remove the visual skewing. (i.e. 10% above and 10% below the baseline should be visually the same distance).

Calculation
The Mayer Multiple is calculated by dividing the Bitcoin Price by the 200 day moving average of the price

Data Source
Bitcoin price data from Blockchain.com.

[powereddrones] 18/2/2022 12:29

The churn continues. This BTC price calling business is no easy task. So which way from here at $40K?

First stop $30K or $50K?

[powereddrones] 14/2/2022 08:24

hxxps://markets.businessinsider.com/news/currencies/canadian-trucker-protest-raises-900000-bitcoin-musk-praise-gofundme-block-2022-2

Canadian trucker protest raises over $900,000 in bitcoin after GoFundMe blocks millions of dollars in donations

---Tesla CEO Elon Musk and former US President Donald Trump are among those who have praised the truckers' protest.---

[powereddrones] 13/2/2022 06:34

RE:4502 UPDATE ON THE WHALEWALLET ALERT!

The people that moved that $3.5bn bitcoin have been caught as suspects to the alledged link to the Bitfinex hack.

There was trail of clues, and must have got spooked when the BTC correction came.

hxxps://markets.businessinsider.com/ilya-lichtenstein-morgan-heather-bitfinex-hack-money-laundering-tiktok-rapper-2022-2

Meet the crypto 'Bonnie and Clyde': A TikTok rapper who calls herself the 'Crocodile of Wall Street' and her husband 'Dutch'. We look at their alleged links to the Bitfinex hack.

A couple in their 30s, referred to as the crypto "Bonnie and Clyde," have quickly come under the spotlight after being accused of conspiring to launder almost 120,000 bitcoin worth $4.5 billion taken in the 2016 Bitfinex hack.

Ilya Lichtenstein, a Russian-American who goes by the nickname "Dutch," and his US-born wife Heather Morgan were arrested in Manhattan this week. The US Department of Justice seized bitcoin worth $3.6 billion, recovering most of what was lost in the cyberattack.


And video if you want to sit back and relax ;



Remember - transactions on the public blockchain, remain on the public blockchain.

Here's her rap music - I guess this was a backup plan if wealth failed, at least there is fame and notoriety.

[powereddrones] 03/2/2022 19:23

I believe exchange BTC has a higher premium as it comes from a KYC (know you customer source), and therefore any exchange derived BTC should be clean.

I might be wary about peer to peer transactions but if you intend to use bitcoin as money rather than speculation then it might not matter in small amounts.

This is the link to the $3.5bn bitcoins that were moved
hxxps://www.coindesk.com/markets/2022/02/01/hackers-move-383m-worth-of-bitcoin-from-2016-bitfinex-hack/

Large amounts of bitcoin stolen from the cryptocurrency exchange Bitfinex six years ago were moved by hackers early on Tuesday.

"So far this morning, 94,643.29 bitcoins ($3.55 billion) have been moved in 23 transactions, from a wallet associated with a theft from Bitfinex in 2016, to a new address," blockchain analytics firm Elliptic said. These originate from a theft suffered by Bitfinex in 2016, the firm added.
"It is unlikely that these funds will be cashed out any time soon. Funds from this hack have been slowly laundered for over five years now and cashing-out large volumes over a short period of time would draw unwanted attention," Elliptic said.

[steve73] 03/2/2022 06:15

PD, I'm guessing the major exchanges would know which BTC are tainted, and refuse to buy them, but anyone exchanging them actually on the blockchain itself could be totally unaware... warning perhaps to anyone NOT using exchanges?
Does the wider community actually know which "coins" are tainted?

If you were to buy some BTC directly, they could be tainted, and could they then infect your entire personal wallet contents?

[powereddrones] 02/2/2022 18:58

I'm with Pi, and I have been "mining" it each day. It is all pre-mined, so you aren't actually mining. I have nothing to lose, so I continue to plod on accumulating Pi coins.

---

I am disappointed that BTC is back up to nearly the $40K area. So I guess, I am not going to get anymore BTC down at the $30K lows in the immediate future. Anyone want some Dogecoin?

There was news the other day that $3.5bn of tainted stolen bitcoin was moved, which had been dormant for years. It can't be cashed out as the Feds would move in, as Bitcoin can be all traced and tracked. This tainted bitcoin might be useless as no exchange would touch it, and any address that becomes linked to it will be investigated. Over time, more and more Bitcoin will become tainted. So it will probably be useful to have £10 in untainted Bitcoin direct from exchanges, for the long term.

There are ways to launder the tainted bitcoin, but that is beyond my knowledge. If it was possible to spend that bitcoin they would have done it at the start using privacy wallets and atomic swaps with privacy coins such as Monero. Correct me if I am wrong. I am a believer that Monero is the true fungible crypto that Bitcoin was originally designed to be.

A commentator speculated that the $3.5bn move would trigger whalealerts, and this would feed around social media, making people sell.

People with large holdings don't have to cash out, but can create a income by manipulating the market. They just need to sell short on betting apps such as Robin Hood or other spread bet formats. So, so far Bitcoin is actually up, so I guess that isn't working out too well.

[powereddrones] 25/1/2022 16:23

hxxps://www.msn.com/en-gb/money/other/withdrawing-less-than-300-then-head-outside-to-the-cashpoint-banks-tell-customers/ar-AAT5U3P?ocid=msedgdhp&pc=U531

Banks have been preventing customers from withdrawing less than £300 from inside branches and telling them to use cashpoints instead, it has emerged.

----

Not content on shutting branches, the fiat kings don't want your custom. The faster that people get onboard with crypto the better. It's time to leave the system, they don't want anymore customers.

[mcbeanburger] 25/1/2022 00:11

if the banks have been trailing crypto for see what they need to do for their networks, then that trailing will soon come to an end.

once the cb's start up their own currencies, the real fun will begin imo.

[sideshowbull] 24/1/2022 19:12

Still so bullish BTC but it is being completely controlled by the platforms who loan the BTC.

I hold in cold storage, let them do their thing.

Unfotunately poor will get torn a new one because of this, lose faith and then all the usual suspects will buy the slack.

I had $1m per BTC as target, think it may be way higher now.

No advice

BWTFDIK

[powereddrones] 24/1/2022 16:29

A humorous video on how to step by step cash in on the NFT craze.
(which probably marked the top of the market)

[powereddrones] 24/1/2022 08:10

I have offline storage.

[sideshowbull] 22/1/2022 20:56

Rossannan:

I am actually tired of trying, can't explain to people on a horse a car.


I am invested in probably the most underrated BTC chain mkt




Have a look.

[sideshowbull] 22/1/2022 20:42

The whole point of the drop is unfortunaley late to table Investors.

Hope you buy actual BTC and not platform BTC.

No advice.

[powereddrones] 22/1/2022 18:02

Timber with Bitcoin!

At $34K there doesn't appear to be a bottom in sight. However I am toying with the idea of trying to obtain 1 or 1/10 of a bitcoin in this cycle, regardless of the price.

Sure, sure Bitcoin technically isn't "fungible". I know about Monero, and it is much easier to obtain one Monero (currently $150 each). But everyone knows about Bitcoin.

If you were to own one Bitcoin - how many people on the planet can say they can say that if there are only ever going to be 21m coins out there.

In the last bear market that started in 2018, the bear market lasted 12-24 months. This bear market started in April 2021 - so technically we're in for pain and churn all the way to April 2023. Most people don't see that, and it will be death through a thousand cuts trying to call the bottom. They tried to call the bottom at $50K, then at $40K. And now at $30K. It would not surprise me if we got down to $20K.

With patience and perseverance, I am sure with a little buy here and there at each round number, I could get 1 bitcoin, or 1/10th of a bitcoin. At $20K BTC, one tenth would be $2000, and that would still put you in the top quartile (probably) of the planets population of BTC ownership. It will be an interesting experiment between now and April 2023.