The good thing is that people got a new "reminder". If you don't get the coins in your wallet, you don't really own them.
So if you buy coins => get them right away in your own wallet, don't leave them in an exchange... Exchanges get "hacked", get government interventions, etc etc.
Yeah exactly, but now it would be "nah, only chinese would do that"
People never learn
is crypto done??
losing the mining is alarming, i dunno how things would pan out if they did or even whether it's possible
The only possible ways to do that is to prevent the farms to communicate on internet (impossible), or to physically delete the farms, ie put people in jail and/or burn the miners (not likely but possible for big farms because of the electric bill)
Panic buy!!!
Looks like someone wants to be a bag holder once China wakes up?
Minor reversal, but downtrend has yet to begin.
It's only midnight there and they were awake 3h ago when this happened
Why would they sell more, and why would they sell at all?
China is awake for hours, but where's the tragic dump?
Well maybe. But I can't get my head around the fact that the panicking hasn't already been more panicky. I mean, someone says your funds are locked for 30 days and how many will just take it on the chin rather than scramble to get them out asap?
Scramble to get them out how? Via fiat will have the same "privacy" implication as just keeping on trading, waiting 1 month and identifying yourself to the exchange/gvt.
So it's all the same, really, no?
The difference is that if you get them out via fiat you know you have the money, but if you keep them in an exchange you might not see them again in 30 days
Or not all of them (ohai Cyprus)
Monday- huge dump begging new reality here
Monday nothing happens
Three years ago, Bitcoin stabilizing around the $1K mark seemed like a dream.
Now look at it.
Where could we be three years from now??
Onward and upward to $5K!
With that kind of logic, Bitcoin will go to infinity
This looks like an interesting time for BTC brothers, I think it is time we get governance under control. Some coins will assist in bringing these solutions to light and I encourage all of you Bitcoin maximalists to read this piece:
https://bitcointalk.org/index.php?topic=1788901.0Good day.
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion
considering selling at current price (makes decent profit) and putting in a stop order to buy back in case price rises above 1015...
Sell low, buy high
It's also my motto, so far so good
Bitcoin price appreciation is not a result of some pump. It is result from organic demand by thousands new users entering Bitcoin every day. They don't care about PBOC or other CBs chaotic behavior.
I honestly do not believe this is true at all. For one thing, the altcoin market tends to be a good canary in the coalmine. If there's a flood of new interest in bitcoin, there's typically a flood of new activity in altcoins as well. The alt markets are currently imploding with volume going down to nothing, so it sure doesn't seem like there's a flood of new people in bitcoin. The price of bitcoin is also a lot higher, so small guys who want to purchase one bitcoin could have done so when it was $200-400, but it takes a pretty large leap of faith to buy one when the price is $1000.
If anyone is moving the price of bitcoin around, it's the usual suspects of Chinese mining cartel, Digital Currency Group, Pantera Capital, Winklevoss, fraudulent exchanges, etc. One thing that's a giant red flag to me is that ever since Bitfinex goxed, the western price is still determined by that insolvent, scammy exchange with all the big moves occurring there and not places like Bitstamp. There's no market maker on earth who is going to risk his funds at an insolvent exchange like that, yet with Finex being the market maker, this tells me the people running these fraudulent exchanges might be the main people moving price.
Finex has a great history of walls going plus or minus 4000ish coins at random from a single entity in the past and as of very recently. Would you store $4 million on Bitfinex post Finex goxing? I sure as hell wouldn't. It's probably the exchange owner/employees themselves. Here was Finex's walls right after they came online after they goxed everyone. The sell side is clearly all from one single entity (around ~3600 coins), likely from the exchange owners since nobody on earth is gonna keep all those coins stored there right after they stole everyone's money:
Nothing ever changes. Karpeles controlled the Bitcoin price, then he passed the baton onto another exchange owner.Not scary at all
Houston, we're ready for take off
Us Brits still won't be having a 4 digit party for a little while yet.
Ah, but it'll make it all the sweeter when it arrives. I remember someone on Localbitcoins had an ad going for ages urging people to make history by being the first to pay £1000 when everyone else was a few hundred cheaper. I think that's a reverse psychology too far.
It'll happen this year I am sure. I've hodled long enough not to worry about it.
It'll happen this week I am sure. I've hodled long enough not to worry about it.
haha, funny picture.
everything is a matter of perspective! based on your previous comments i am sure you meant this as to be seen from left to right but the "car" seems to be heading down if you look at it from right to left
Actually I saw the car was facing down, I posted it right after the max at $1065, I just found it funny
I'd like to try to make useful posts but being serious or posting
facts doesn't seem to be the mood here
just another reason for dismantling the bureaucracy
Make world great again
You're welcome
1000 is a nice mark but i wanna see 100k's
BTC ATMs installed all over the world
Or at least one without ridiculous fees
Average buy fee is about 8%
Really??
Let's go to $1300 and there won't be any debate over the last ATH anymore
Fuck it, why not $1500
I sure wouldn't mind
IMO only the BTCUSD would count as ATH, but great sign
Only $5 left
Crash incoming?
First SHA1 collision:
https://phys.org/news/2017-02-cwi-google-collision-industry-standard.htmlPeople will be like "SHA1 is broken, Bitcoin uses SHA256, SHA is like SHA, so Bitcoin is BROKEN!!! SELLLL!1!"
Why on Earth would any self respecting exchange permit a publicly traceable BFX coin to be sold? I think the hacker's wee plan might grind to a halt fairly rapidly.
Indeed. If he's sending them back to exchanges then perhaps we can await his arrest pretty soon. And which exchange would knowingly accept tarnished coins and put themselves at risk of further NSA investigation? Whatever he does, a dump at exchanges is his least likely action.
So, more train and rocket gifs please.
I agree
So basically Scamfinex wants you to believe there's millionaires just beating down the doors to buy all the bitcoins in sight on an exchange you would have to be insane to trust with your money, while on the more legit Bitstamp exchange the buys are less than 1/10th the size. I almost feel like Bitfinex no longer has any users at all and we're just watching an API feed of one guy selling imaginary coins back and forth to himself. I don't think they even have margin enabled anymore either.
while(true){
scamfinex.api_controller.emit_transaction(100000*random()*btc, price_chosen_by_admin);
time.sleep(random()*3*minute);
}
I hope we'll catch these guys one day
That's very bad news in general... here are some only websites, scroll down to see the list of download full.
Regarding this issue are we safe with the OTP enabled?
I read that even OTP secrets could have been compromised
Wahou wahou wahou
I'm so close of the button "sell" that's nearly harrasment!
WHAT TO DOOOOOOOOO?
I WANT TO BELIEVE BUT I'M NOT SUUUUUUUUUUUUUUUUUUUUURE
Same story, again
PBOC moves a finger, Bitcoin moves 10%
Meanwhile at PBOC:
back to tripple digits now, fun little bulltrap this was
Go on, sell all your BTC
