Those of us who Bitcoin touched inappropriately between 2014/15, are you fully healed and behind this rise?

I'm still not too happy about the Bitfinex thing and would be far more excited if things were back to normal. I can't tell whether that's lingering PTSD or a justified gripe. How are you feeling deep down inside?

Quite possibly. I'd be considerably more convinced if BFX had a fork stuck in it. They're the fisting that never seems to stop giving long after you've been sewn up again.

Careful now. That's starting to sound like bubble talk.

Coinbase isn't just another exchange. It caters to a different crowd than hardened traders. It may well tempt quite a few people to have a casual flutter.

However it has been on GDAX for over a year and nothing happened until recently.

Interesting, but I don't recall any coin being added to anywhere having that dramatic an effect in the short/medium term but it sets things up for future pumps. What really would be interesting is if they start to use it for merchant processing. It might only be a matter of time.

I wouldn't be bothering with BTC until Bitfinex is dead or resolved. There's too much murkiness in this rise. Anything above $1150-1200 might purely be because of this.

And why would anyone consider buying BTC when it's at an ATH? Don't be a sheep.

I don't think this is anywhere near being a full on peak, but equally there's no compelling reason for it to be this high either right now.

If someone wants in, spread the buys over a period of weeks or months. Imagine if you'd gone all in at the 2013 ATH versus buying steadily over six months. You would've wound up with far more coins with the same outlay.

No one can predict anything, but they can do a little hedging. Long term it's still looking good. Short term there's plenty of potential for tits to go up.

And perhaps anyone considering taking out loans should be encouraged to do so, because by the sounds of it a horribly painful lesson like that is the only way such morons will ever learn.

They already do that to an extent. But I can't imagine they'd want to become a top 5 only type of place. It's the prospect of pumping the smaller coins that pulls people in.

If god told me to do that I'd tell him/her/it to suck my dick. As him/her/it allegedly created my dick I would then sit back and enjoy the finest blow job of my entire life, not that I like them very much anyway.

They can get their crypto back right now, but they will lose a percentage because of the premium.



Agreed. Bitfinex is the final hangover from Bitcoin's fucked up early days. It's incredible that it still managed to stay on top for so long considering what a shit hole it is. They should do an orderly shut down and leave but they won't do that. They're working themselves up to a final violation.

They've said that anyone with a Taiwanese bank account can get money in and out fine, it's when you have to send it abroad that you hit a wall. I presume that means there are a few people with accounts there arbing the shit out of it which might explain the contracting spreads.

But yes, I think something's brewing for Bitfinex's final buttfuck. It's never been anything other than a liability.

I don't think there'll ever be another century like the 20th again. Just think of the leaps that took place. From flight being a pipe dream to landing on the moon.

The future seems to be getting poxier and more introverted by the day. When I was born they were still talking about Mars bases. Now the shit that gets the most media coverage is a redesigned home button on an IPhone.

I was watching stuff from the 90s the other day. Internet aside, nothing's changed. People dress the same, talk the same, the music and films from back then could be released today and no one would notice any difference.

There is pretty much nothing interchangeable between the 50s and the 70s. The last truly charismatic decade was the 80s, and maybe not for the most appealing reasons.

Progress seems to have disappeared up a tech arse while the rest of the world stagnates.

Hmm. What could be easier to achieve? Live for over 20 years longer than any other recorded human being...

Or claim to?

I can't really see it being a thing that'll ever explode. Their fees are usually too high, some of them have ludicrous AML requirements, and presumably once you've used one and gotten into Bitcoin you find cheaper options.

Even if the banking problem remains, I assume they can find a way to do a one time transfer to give everyone their fiat back. They were talking about doing it through their law firm.

It's not just them that have a problem. Many other payment companies that deal with Taiwan have the same problem. Taiwan is being frozen out of international banking until they improve their regulations. Unless they can find somewhere outside Taiwan they're going to have problems. I assume the reason they bank through there is because it's hard for them to get conventional banking elsewhere. It's not going to be easy.

Some of those exchanges don't get any bigger. XEM would have to be at the tippy top for a long time for them to consider it. There's no shortage of other coins with similar volumes. In another few months it may be kicking enough arse to be considered.

I think it'll make more of an impact in Japan and then work its way over. Japan sounds like they're about to rev up.

I wonder what proportion of active traders have left there by now. If only they upped their communication there would be a lot more confidence despite their woes.

And I feel my Kittinger is more ethereal, but at least neither of ours has a Red Bull logo.

I automatically don't trust any one place that becomes that influential.

What would happen to the alt market if it went down in flames? And there've certainly been some questionable moments such as their pre delisting pumps and the way ETC was launched.

There's the kernel of an idea in there. Perhaps every author who achieves a listing in there with a declaration of death should receive a crowdfunded 0.05 BTC just to piss them off when they bin it and check the price in a couple of years.

Obviously they're out for themselves, but they're going around it by committing to Bitcoin's general growth too. Many companies are too dim to figure that out. They're one of the companies with proper long term vision.