Bitcoin Daily Discussion, April 09, 2018

Daily Discussion, April 09, 2018
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Billionaire Investor George Soros Now Plans to Trade Cryptocurrencies
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WE NEED HELP IN CHILE #NOBOYCOTT
The Courage to Innovate Without Permission - one of the best talks about Bitcoin... EVER!
Checking in from Las Vegas, NV @ TeaSpaceSunset!
Someone just tipped me 0.00000000001 BTC using LN. This is insane
Hedge fund Titans and billionaire families are entering Crypto markets
Remember this little fun fact..
Really Soros and Rockefeller investing in Bitcoin?
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Bitcoin never tasted this good

Daily Discussion, April 09, 2018

Posted: 09 Apr 2018 03:00 AM PDT

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

Daily threads are fast paced! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

ChileQuiereCryptos

Given the arbitrary decision made by the Chilean banks, the closing of the current accounts of the exchange that operate in the country is imminent as of Monday. For this reason it will be impossible for Chileans to negotiate with cryptocurrencies using Chilean pesos.

If you are tired of a small group of people and companies making decisions for you or if you believe that cryptocurrencies and BlockChain technology are necessary for the development of the globalized world, we ask that on Monday, April 9 at 01:00 UTC / GTM. Use the #NoAlBoicot and #ChileQuiereCryptos Hashtags in addition to the one you want to add. To leave messages on the social networks shown below. Maybe this is the only way to let it be known that there are many of us who are behind this innovation and make ourselves heard.

Banks Banco Estado FB: https://www.facebook.com/BancoEstado/ Banco Estado Twitter: https://twitter.com/bancoestado?lang=en Banco Itaú FB: https://www.facebook.com/itauchile/?brand_redir=387088321395245 Banco Itaú Twitter: https://twitter.com/itauchile?lang=en Scotiabank FB: https://www.facebook.com/ScotiabankCL/ Scotiabank Twitter: https://twitter.com/scotiabank_cl?lang=en

Public organisms Min of Economy FB: https://www.facebook.com/MinisteriodeEconomia/ Min of Economy Twitter: https://twitter.com/meconomia?lang=en Min of Finance FB: https://www.facebook.com/Hacienda.cl/ Treasury Min Twitter: https://twitter.com/min_hacienda?lang=en CORFO FB: https://www.facebook.com/CorfoChile/ CORFO Twitter: https://twitter.com/corfo?lang=en SII FB: https://www.facebook.com/impuestosinternoschile/ SII Twitter: https://twitter.com/sii_chile?lang=en

TV Media Canal 13 FB: https://www.facebook.com/elcanal13/ Channel 13 Twitter: https://twitter.com/canal13?lang=en Mega FB: https://www.facebook.com/MEGACL Mega Twitter: https://twitter.com/mega?lang=en TVN FB: https://www.facebook.com/tvn.cl/

submitted by /u/Gmolate
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The Courage to Innovate Without Permission - one of the best talks about Bitcoin... EVER!

Posted: 08 Apr 2018 01:08 PM PDT

submitted by /u/Bitcoin-Yoda
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Checking in from Las Vegas, NV @ TeaSpaceSunset!

Posted: 08 Apr 2018 08:55 PM PDT

submitted by /u/bigmikevegas
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Someone just tipped me 0.00000000001 BTC using LN. This is insane

Posted: 09 Apr 2018 03:44 AM PDT

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this is the future boys !

submitted by /u/devilox
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Hedge fund Titans and billionaire families are entering Crypto markets

Posted: 08 Apr 2018 07:55 PM PDT

submitted by /u/EffectiveWait
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Remember this little fun fact..

Posted: 09 Apr 2018 12:02 AM PDT

With big names like Soros, Rockefeller and other large traditional hedge funds now eyeing the crypto market with internal approval to trade.

Remember this little fun fact.

At this price level, if you short the market the maximum gains are capped at 100%, while if you go long the maximum gains are infinite because no one knows how high the crypto market can go.

Even if the price of BTC just went back to $20k thats close to a 200% return from this point, already double a potential short trade betting the price of BTC will hit zero, and everyone knows if we get back to $20k we will go a lot higher.

So after bitcoin has already experienced a 65% decline in price this year it makes absolutely no sense to try and short an extremely limited market when you can go long a potentially unlimited market.

These big names in finance are not looking to short, they are waiting and getting ready to buy in at the bottom then ride this next wave up.

Remember Soros' short trade on the British Pound? He pocketed $1 billion in profit from the Pound crashing. these guys are not here to kill bitcoin and save fiat, they are here to make as much money as possible, and at this point in time they will accomplish that by buying low then driving the bitcoin market to insane heights. Smart money does not short after a fall of 65%, they short the top.

To those who are selling at this point, thats fine, but just realise you will be selling your coveted coins to these big players who will happily take them from you at this level.

submitted by /u/slvbtc
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Really Soros and Rockefeller investing in Bitcoin?

Posted: 09 Apr 2018 01:46 AM PDT