Bitcoin - I Still Don't Get It

[QuickNDirty]

Well, it got to 0.102 yesterday apparently. Now it's down to 0.079. I'm half tempted to buy a bunch of it, but the same is true for a lot of other coins. So many choices.

 

[Forgetful Coyote]

Ah well appears I gotta eat crow on this one boys n girls. The excuse of being down to implement zcash was just that, they exit scammed and up n ran with 100+ mill in coins. Apparently theres been some ethereum moving around that some speculate to be from this exit scam, who knows. Theres also been speculation that this bust: https://www.deepdotweb.com/2017/07/07/dea-busted-former-alphabay-vendor-etiking/ led to them getting spooked one way or another and bugging out. Apparently theyre a group of Russian credit card stealer dudes who ran the market. Any bitcoin/blockchain analysis types, keep a eye and see if ya cant spot em, theyre sure to wanna try cashing out eventually.

 

[Forgetful Coyote]

AB will be biggest exit scam yet, and being they probably got Russian Mafia ties they might get away with it. But I wont be surprised if they end up like this dude:
https://www.deepdotweb.com/2015/03/27/breaking-sheep-marketplace-owner-arrested/

By all accounts theyre a dude(s) who ended up wayy over their head.

 

[QuickNDirty]

That was a wild read about etiking...

 

[QuickNDirty]

Update: This is some seriously cool shit. Bot generates 1-6% per day, every 15% withdraw to BitPay wallet, charge BitPay Card, buy shit anywhere Visa is accepted and no OFAC sanctions.

Can't wait to do my taxes.