And if you are claiming that Michelle is more intelligent than Melania, then please give me some proof to support your argument.
Try listening to what's come out of her mouth sometime. It's, like, articulate, relevant and interesting and stuff. |
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Yeah so unusual to see Bitfinex pulling up and Bitstamp/BTC-e dragging down
You can't get dollars out at present. That totally warps the normal behaviour of an exchange. They're now going to add new currencies. For now there's not much point in paying attention to their price. |
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The Daily Mail is possibly the world's most worthless news organ. I would've preferred it if Mrs Trump had screwed $3 billion out of them so they'll never come back.
And a naked first lady floating around on the internet is a fine reflection of modern life. There's probably hardly one single person out there who doesn't have a burger shot online.
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its time for btc to stay stable no more pumps or dumps
You're about two years too late. If you hadn't noticed it's back to shedding or gaining $50-100 whenever it feels like it. |
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https://www.youtube.com/watch?v=thPHKfL8ep8 Interview with Phil Potter from BFX here. It sounds like generalised banking fear of infringing regulations. They don't want the ball ache. I wonder if this might become a contagion.
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They say they have "other outbound channels available". However I don't know WTF "other channels" means. Maybe it means there are other intermediary banks they can use, or maybe it means we can use tether, or Bitcoin to withdraw instead. Coindesk says there will be an announcement soon, so we won't be left in suspense long.
Lots of moaning elsewhere about no wires getting through but hopefully they can get something sorted out. Tether will be tied up with their other banking issues I presume. I can't say USDT ever seemed like a hugely reassuring idea to me. |
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Huge buy support added to the finex books.  Is this gentlemen? Probably not. They've withdrawn their lawsuit with Wells Fargo so as far as I can tell there's no other way out of there other than BTC for now. |
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Litecoin segwit support at 76%! Buy Litecoin NOW or die trying.  And it has to hold above it for two solid weeks. What could be a more perfect scenario for whales and miners to pull the market's plonker? They might drag it out for months unless it's shoved through via another method. Imagine that replicated with Bitcoin, not that the 95% thing will ever happen. |
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Well that's the drawback but we are talking about the platform and not its user.
The two things can't be untangled. A platform like that will automatically be infested with scum so there's no point in even considering it. |
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They will keep on fighting and try to fork the network away from the Core developers because Bitcoin is about the one which has more hash power securing the blockchain.
If we had a blatant miner hijack then I for one would be long gone. It would basically be Chinese miners versus the rest of the world, as there really isn't very much going on China itself and never has been. They could theoretically gather the grunt to steer Bitcoin in the direction they want. They'd be left selling them to the few hundred people left on Chinese exchanges as everyone else would be shopping elsewhere. |
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Never in human history will there be a BTC lending site that isn't raped to death by its users. It's just too tempting and too easy to bugger off with the spoils.
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What do you want to be safe from? That's a rather elaborate set of measures to be posting on here.
A VPN is only as safe as they claim it is. I wouldn't be surprised if many of them are gaily handing over whatever info The Man wants.
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It's a tie. Segwit has won on every department, but the hashrate is still blocked by a centralizing actor, which is ridiculous but that's how the system works.
UASF is an option, to attack this ridiculous centralization.
It is slightly bonkers that a handful of people can do this. Look at what Litecoin's getting up to with the prospect of Segwit and they don't have the slightest scaling problem either. It just goes to show how little vision the average miner who isn't enjoying asicboost has. |
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Can we have smaller images on this thread? It's becoming a never ending scrollfest.
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Given how many users (hardly any) and the current usage level (almost none) and the current price ($1200+) it does seem like the price could go a lot higher.
If Bitcoin even started to be used or bought by a small percentage of the population, and was used (not that it scales) then it could easily be $25k per Bitcoin in my opinion.
$500k sounds pretty fanciful, to be honest, I don't see Bitcoin being adopted by the masses anyway, so $25k seems unlikely.
Indeed. I think people here have multiple blind spots. They simultaneously think it's far bigger and far smaller than it actually is. I don't think mass adoption is a requirement for a considerably higher price. The 'masses' will be the very last to come on board anyway. |
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Would it result in a GOX like crash? Interesting scenario.
Bitfinex would still be solvent, unlike Gox, but with no way of getting USD out of there then the only way out is BTC. Gox was usually 5-10% above everywhere else because of that for a long time. I'm not sure whether their channels are the same for deposits though. If all USD supply dried up it would become pretty irrelevant. |
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A post on reddit questions whether that bank wanted bitfinex to sue it. If the bank loses and the government questions why its processing bitfinex wires it can say it was ordered to by a court. Likewise, if the bank wins it doesn't have to worry about trouble from the government. Whatever the result it will straighten out the legalities of processing wires from exchanges.
Makes sense. In the meantime we're going to end up with BFX doing a Gox style price uncoupling which isn't a good look for anyone. |
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Still little or no mention of Bitfinex's Well Fargo lawsuit? http://www.coindesk.com/bitcoin-exchange-bitfinex-sues-wells-fargo-over-bank-transfer-freeze/I assume not that much actual USD is withdrawn from there but even so that's a rather important part of any exchange's functionality. I really can't see how BFX could win this. I assume the banking business is discretionary and they wouldn't be the type of customer any bank would particularly want and I'm surprised it hasn't happened sooner. |
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Corruption is to Bitcoin like air is to a bird. It's the natural environment. Greed, lack of regulation, possible anonymity, irreversible transactions. It's a perfect formula.
As an actual ledger it can't be corrupted and that may well help reduce overall corruption elsewhere. Many things surrounding it carry a fairly nasty smell.
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It seems to have been an early meme, the old buy coffee for cheap and/or free.
That's an angle that really never should have been pushed as it's obvious the fee situation was going to arrive eventually. I'm surprised at the speed it has arrived, but as many others have pointed out, using thousands of computers to store your coffee transaction for all eternity is a bit extravagant.
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