Just to keep this thread alive and to let users be aware of the on-going problems that they're having right now.

I requested a withdrawal last Tuesday for some urgent payment in the household. Guess what, until now that small sum of money hasn't arrived and their customer service stated that they'd get back to me as soon as they can. Welp, 2 days have passed and still no positive answer from them. Are you guys still experiencing the same bullshit that their support team had been spewing these past few weeks? I'm not buying any single bit of those and I just want my money back. Apparently these guys are not even coordinating with the bank (Security Bank) as I have called them and stated that no inquiries were being made on coins.ph end.

So it seems that they haven't improved yet, and the new system they are working on is really awful to say the least.

Honestly during that time where they posted that up, the coin was receiving a heavy pump, so it's safe to say that they're doing that to profit more from their own miners. While they are notoriously known to support the BCH hype, still we could not consider that as manipulating the market in any way since they have the right to demand what payment method would they accept in exchange for their goods, in this case the miners.

If I were BITMAIN, I'd also like to choose a coin that has the tendency to net me more profits than bitcoin. I'm not defending what they did in here but again, it's still legally fine for them to accept whatever they want for their goods.

Obviously no. Some people think of that way because they don't know how to turn negative things into positive. The recent crash of about 30% previously was a testament that everyone can still make money off of bitcoin if they are willing to take the risk and not being pussy about the situation. Honestly, I shelled out tens of thousands of dollars during that dip and guess what, I made my money back + a 30% profit in just two days. You can't make money if you are afraid to take risks officially, and no one will help you get profit except for yourself.

Mostly because people are shifting their money on bitcoin cash before the intended fork on the intended developments on the network and partly because miners are also in there, resulting to heavy volumes shifting to that particular coin. Right now, the money is shifted back to bitcoin and the resistance level of $6800 on some channels had been broken, thus giving it a go signal for another bullish run.

Luckily I've bought all of my remaining cash in Bitfinex on Tuesday where the price dropped hard @$5400 and snagged a few coins while everyone is trading other coins.

Coincidence in formatting?

Bump for visibility!

It's very evident that they're just hyping BCH after the postpone fork of S2X. They're good at creating hype after a failed drama and here they are attracting hordes of unknowing people about the situation causing FOMO and massive bumps in BCH. See after another great news comes up, or the mastermind of this pump decides to sell, all money would flow back to bitcoin causing another ATH.

2013 says otherwise.

That is purely manipulated and all trades made were staged by our dear ol' Wiilly bot. That, my friend is a bubble no doubt. It popped, back to $200 for a long time and look at where we're at right now. Bitcoin rebounded hard and has since experienced at least a thousand percent gain within the last 3 years. In a purely speculative assets, it would surely rebound in time.

Arbitrage trading and traders who look into getting some profits by shorting. It's incredible how much an exchange is making day by day just by facilitating the trades happening on their site. Obviously some traders are cashing the uncertainty between BTC and BCH while everyone seems to be puzzled at what to do next.


It would be a long tedious process. You need to battle it out on SEC since they're the ones handling AML/KYC concerns which is essential for an exchange to operate legally.

You can drop by Github if you have the time and see for yourself. Core developers are working silently day by day to fix and improve whatever they can in the coin. Also, if bitcoin is a finished opus magnum, there's no point in other factions forking it since there are nothing to add on its features, stability and whatnot.

Block size refers to the amount of data a block can store on itself. For bitcoin, it is currently set @ 1MB and on average, a transaction is sized @ 250kB. So to speak, a typical block can carry 4000 tx on average. Several propositions for the block to be changed into larger sizes have been made to ensure that bitcoin would scale, and that is rhe advent of big block bitcoin (Segwit2x and BCH)

If you have the machine (computer) and ample set of skills, starting with nothing is doable. I personally worked for a fastfood chain back in 2014 while I was studying. Allocated over half of my salary to bitcoins every week until I earned a sizeable stack. You don't need to work for bitcoins, you just need to get the money to buy bitcoins and you're golden.

You must know that all exchanges have their own price since those are completely different markets you're referring to. It is completely possible for an exchange to lag behind other areas prices due to how the market moves in that particular exchange and that's not being crazy. Bitcoin doesn't have any central exchange like stocks and global currencies do that's why prices are different.

BCH is more profitable to mine than bitcoin in the moment by 10%, and as a miner who thinks about profit, this is an opportunity that shouldn't pass easily. The building FOMO on BCH's market would soon collapse, and after that bitcoin would jump ump in price and have its miners back hashing the same coins again.

Meh, the majority of the Chinese traders are already doing trades OTC and this is just another exchange facilitating these type of exchanges. Though the move might be good, some of the traders I know personally have moved to Japan and Hong Kong to continue trading real-time and to not miss out on opportunities laid out by the market. China is slowly returning exchanges with the start of allowing OTC trades happen with their knowledge.

The marketcap doesn't show the total number of coins being traded all at once; your best bet is to get all the volume in different exchanges and add them up to get a pretty good hint of what's being traded at the current time. Also, are you aware that not all the 16 million coins are being traded and a good chunk of it is already lost in the void? There's too many factors that affect the prices, and take note that not all prices in different exchanges are all similar since they follow their own market independent of the others.

I personally consider any price on the $5000 range since it would be highly improbable for the price to take a hit lower than that. Also, more money are going into other coins as of the moment (particularly BCH) because of the upcoming big updates on their network and the overhyping of people in twitter and reddit as well. Anything @ $5000 or lower $6000 is already a buy for me.

It only benefits the miners in the long run, and the users of the coin that expected affordable and hassle-free transaction would just switch to other alternatives or just stick using to their lovely cash. It's a bug that halts transfers and annoys too many people forcing them to just pay an accelerator (with no guarantees) or pay more fees to get their tx confirmed fast.

You'd need to first shell off over a thousand dollars already with your i7 and 1080, and that's assuming you'll get them secondhand. Also, mining other altcoins with 1080 is viable, though you need to take into consideration your operation costs than only thinking about profit. You're better off saving straight up for an S7 or S9 rather than buy a unit that costs almost the same but underperforms in terms of whatever you throw at it.

Bah. Another "bitcoin is a bubble" post. Bitcoin's rise in price could be anything else, and to think that infrastructure and businesses are built on top of the tech makes me think that it's here to stay and not just other crazy bubble mania like we have had in history. If this is indeed a real bubble. the real question is when will it end and at what point? No one knows for certain, and if it's indeed a bubble, all we can do is cash out whenever we're in the green and enjoy.