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It seems to have very easily slipped most minds that the Chinese exchanges were a one way casino for much of the early part of this year. The end of their zero fee bullshit is one of the drivers of the rise. They'd been batting down the price for so long that it was primed to go up.
I can't be arsed to attempt to interpret Chinese news any more. If they are gone then that's probably a good thing in the long run.
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If it's alive and well in 2022 and catering successfully to the needs of its users then a 10,000 prediction is pretty silly. It'll be far higher than that. What people can't wrap their heads around is that the huge rises might be considerably easier as more get on board. There won't be any more coins than usual but many millions more people who want one.
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I've been using it for several years without any issues at all. My main issue, throwing away fees because I couldn't decide the amount myself, was sorted out in the last few days.
Dodgy looking advertising is sneaking into it now which is something I don't like, but I can live with it.
What features do you want and need in your wallet?
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They'll get rid of you if you don't cut it, just as it's your right to get rid of them if they're not doing it for you. There's no point in losing money out of a misplaced sense of loyalty. Any one of them could close at any moment too.
The slightly dodgy area would be to ask about joining a campaign in public while still advertising another one. You might be given the boot for insolence. If it were me I'd bow out of a campaign before signing up for another one. It is a risk though as you may not be accepted for the one you want.
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Yeah, I'm trying to be a buy-and-hold investor.
Those who held from the intitial distribution turned literally nothing into several hundred thousand dollars. There's something to be said for it. |
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I would calculate my vital monthly expenses and accept that in fiat only. Everything else would be Bitcoin. There would be phases in the future where I would look like a genius, other times a goat.
If I look back at sig campaigns, at one point I was getting 0.1 a week when 0.1 was worth about $20. Peanuts at the time, now a very respectable wage. Translate that from a salary then what you were paid in 2015 now puts you above the CEO.
No way of telling it'll continue of course but a cool way to make a bet.
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You're the expert-what do you make of a new USD ATH but these tiny volumes? Are we on the doorstep of a 4x rally, or on the verge of a collapse? I'm pretty long from .02 and just held onto it. Thinking of reducing a bit.
I have absolutely no idea whatsoever. The volumes were big just a short while back. Big volumes and then back to nothing is what XEM has always done. Considering the sheer amount of cool stuff about to come online and how ridiculously steady the price has been for so long, I'd be inclined to stay put but that's what I've always done anyway. |
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Apart from hacking - Russians had a lot of effect hacking MtGox, and possily other hacking events. Russia's main contribution is crime.
I'm talking market and nothing else. Russians are of course a significant and unwelcome contributor to the crypto space in the main. Most of the alts scams come from there as do all those lovely hacks. I love a sweeping generalisation, me. |
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The quickest way is to identify people who already have 'ins' - developers, financiers, personalities - and approach the ones who align with your concept. I don't think there are all that many significant people on this forum any more. It's mainly brain dead shitposters these days. Twitter, GitHub or mailing lists would be the best places.
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Russia has talked shit so many times that I don't think anyone involved in crypto will be inclined to believe anything they say any more. Let's see some actual legislation put in place and then judge. Russia has never had any Bitcoin significance anyway so this isn't the most staggering news imaginable.
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XEM is not even available as a trading token on SpectroCoin's platform.
So why is Bankera even being advertised here? What is its connection to NEM (besides having a NEM developer as a consultant on its team)?
Dunno. But it's yet another idea that'll be impossible to deliver, either through incompetence or malice. If I was a public crypto face I wouldn't be going anywhere near anything ICO related until the smoke had cleared and there were some successful actual examples. We're still in the throwing shit at the wall phase and it's better to let them all fail before endorsing anything. |
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I just wake up with a price of near $4000, testing again the previous near $4000 resistance, so it double bottomed and now seems to be going up again, hopefully this is the last time it bounces back to $4000.
Is this the aftermath of the same fake chinese news? but who the hell didn't see that the news are fake yet?
Are we absolutely certain it is fake? It endlessly tickles my mind that there never seems to be a straight answer out of China. BTCC say they've heard nothing, but if they do they'll turn towards facilitating OTC trades. Binance have banned all Chinese IPs. Chinese localbitcoins volume is way up, and the price on Chinese exchanges is still way down. I don't think there's a definitive answer yet. |
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You'll get much more informative answers if you tell us what coin it is.
Depending on the coin there might be OTC dealers, exchanges you haven't thought of, or healthy sales threads on here.
And if you're going anywhere near an exchange it's pretty suicidal not to be fully verified if you have a decent amount of whatever.
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It hit nearly 14000, but maybe it's time people stopped pricing it in BTC. It's hit USD all time highs in the last month. |
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Welcome to unregulated market. There's nothing to prevent someone from front running the news. Looks like currently China is trading at deep discount, which brings some validity to the rumors. BTC is priced for its potential and not current utilization, as such market is very emotional and will react violently to any news. Money always brings smart people who will pick up on these things and try to exploit it. So yes it will continue for foreseeable future, now the game is to wait for actual news to hit and figuring out if the market over or underestimated it.
I'm not massively arsed either way. If it is all true then the Chinese will be the drivers of P2P exchanging, maybe even something properly decentralised with an order book though I've no idea how that would work. Then the PBOC will feel really sad. |
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it is bizarre that 9 hours after the beginning of this fuck up, it is not even known for sure what is really going on. even by bitcoin standards.
I mean, all participants are digitally interconnected in multiple ways, and yet we have no fucking clue what is really true.
I seem to remember it took multiple months before anyone knew what the score was with the China Ban in 2013. |
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Can't someone think of better FUD, I'm totally bored of the China one   Russia's been trying very hard for a very long time, but they're pathetically amateurish in comparison and shot their bolt far too early. |
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