It's another contender for the Jew hating sub forum. I can't believe it doesn't exist here yet. When are they going to pull their fingers out?

Have you not just noticed what happened with Bitfinex? And read the terms and conditions of places like Poloniex. They don't make for very reassuring reading. Personally it's too much risk for me but you're totally right about places like BTCjam as well.

Kraken does margin trading as well but I think they privately fund it.

You could also look into investing in casino bankrolls. Some of them are the most trustable Bitcoin businesses.

Check the tweets below. It's nothing to do with how the exchange itself operates, it's for customer Trezors to interact with it. Hopefully it'll lead to more.

Go down your local zoo and suckle on a live one. It'll be more fun and it doesn't threaten any species.

It's about time all this animal organ witchcraft shit was uninvented. Or stick to human organs. At least they can fight back.

Volumes on there have dwindled to piddling amounts so even if they wanted to pay you back, they're not making the fees that'll enable them to. Or rather they're not going to give you the coins they stole.

I'm amazed it's still limping on. There's no incentive for the owners to keep running it other than the occasional theft for old time's sake.

There's a balance to found in there somewhere. If every single poster is posting junk in search of dust, that's not going to make the advertisers any money. The more committed users will become disenchanted and shop elsewhere.

Tim Draper's result aside, we don't know what prices any of the other auctions fetched. We did hear from unsuccessful bidders and the gist seemed to be they were lowballing quite significantly.

Still, exchanges intentionally screwing the bidders is kind of fun.

That's what They WANT you to think. In fact how much were you just paid to write that? I would've demanded block number 9 for it.

Don't forget they already have 1 million coins because they created Bitcoin. I think they'd probably want a better reason to part with them, though. Like a really enormous pile of weed.

It's money first, technology second. I doubt this forum would have more than a few hundred members if the whiff of money didn't hang around it.

You can't switch your funds and the trust earned to something new without risking setting a large amount of your funds on fire.

'Good enough' is an element that works in plenty of areas even when there's no money on the line. When there is, the incentive to improve, and tolerate, what you have overpowers every other thing.

Internet, irreversible, quasi anonymous, moronic users. It's just about the single most perfect petri dish for dishonesty ever conceived.

Every single type of security in every single area will be broken if this comes to pass. Everything will have to be repaired. Worry about your power supply being disrupted or your food not being delivered before Bitcoin.

I could release mysmellyarsecoin tomorrow, print 20 million tokens, hype the shit out of it and put ten up for sale. Hey presto, I've just taken 10% of Bitcoin's market cap.

The coins that have taken Bitcoin's market cap have precisely zero use. That's when they're not forking all over the place.

The main use for all of it is still speculation by a long, long way. Bitcoin is the only one with a sliver of utility. Once that sliver grows, and there really isn't anything else with any utility, then the speculation will recede.

People can of course reward utility to other coins easily enough. There isn't any reason Doge couldn't do just as good a job, but comes a time when people have to settle on what they're going to reward value to otherwise it all turns to dust.

That's still Bitcoin and every day that it remains Bitcoin makes it stronger.

Bitfinex proved nothing. Bitfinex guaranteed nothing. Their ownership is murky. They answer to no regulator. It's rather hard to figure out what country they're in. There is no insurance. One of their main men stated that he traded on his own exchange.

I can't see any fundamental difference between Bitfinex and Gox apart from them making more of the right noises and putting up a more 'professional' facade. They did not deserve or justify anyone's money or trust.

Quite a few exchanges regularly have zero fee offers. Bitstamp did it a while and I think BTC-e are doing it until the end of August. If you're doing margin though there are always going to be bigger fees as positions have to be financed. Why not look at the Chinese exchanges?

That's the best possible basis to start from. I've read quite a few posts on here from people who did have a decent amount of coins but were forced to get rid of them because of debts. That would suck rather more than the only way being up from here.

Wow. Can I come and live within your superior brain? It must be amazing in there. Whoda thunk it might fall 10-20% sometime?

Yeah. Any online stat for a freely created thing is dubious at best. If we look at the amount of r/bitcoin subscribers, I for one have at least two accounts. Many people will have lord knows how many throwaways, plus spammy brigaders, plus people who've long buggered off.

Out of those 183,000 or whatever subscribers there might be 20,000 or less actual individuals.

The only really reliable metrics would be individually verified accounts at exchanges and places like Coinbase and Bitpay. Understandably they're not going to release those figures in case they make themselves look daffy.

If they're not doing this now, I certainly think they're gearing up to do it. At the very least I assume they're keeping records in case they're hit with retrospective requests in the future. Who's to say the definition of Bitcoin in the eyes of US law won't change?

Poloniex does have USDT on there. I'm not sure whether that qualifies as just another alt legally or not. They're also rejecting NY residents so they're looking to be compliant.

Is Shopawl itself China based? As people who were around in late 2013 may have noticed, the Chinese government did not take kindly to the idea of Bitcoin being used for any type of commerce or quasi currency use. Whoever runs Shopawl may want to keep relatively quiet.