Binance is perfectly fine for that. I doubt OP is a mega whale trying to unload his coins where Binance's 2BTC/24H withdrawal limit forms an obstacle.

For every 1BTC you held before the fork, you have 10BCD after the fork. BCD currently trades at a value of $1.31 or 0.000115BTC. He can cash out 13,333BCD per day on Binance.

You might want to follow the market action more closely because people are actually cashing out, and they have been doing that for weeks now.

People blindly assume that we have to see a 30-40% correction in order to know that people are cashing out, but the bulls are easily overpowering the sellers. Just a few minutes ago we had like a $400 dump which you might not pay attention to, but this is one or more players cashing out profits, which is extremely healthy.

Only when the momentum in the short term runs out we will get a correction of 30-40% but there is no way that you can time it. What if this correction happens around $20,000? It would take us back to $12,000 at worst and we'll rise from there with how bullish the general trend is.

Probably to just feel the market?

I think there might be some degree of demand here, but only when the coins (aka private keys attached to them) come loaded with such a low value, that people don't mind the risk and buy it. Not in a hundred years would I trust an unkown entity doing this with higher amounts. If the coins look cool, have a mintage number on them for rarity hunters, I might buy a couple just for the heck of it.

The only thing is that I don't want to deal with KYC/AML nonsense, so if that's required before you can buy them, then say goodbye to your business plan.

Smart databases can be used for all that too, yet people are so tangled up in the blockchain hype that they believe it will change industries and potentially even the whole world. The most ironic part is that databases exist for decades, but now blockchain has become a thing people start worrying about efficiency and whatnot.... It was never really a problem to begin with. 

Better IT management is what most industries lack. Cost saving is the main reason IT isn't paid much attention to while it has been one of the most important aspects to focus on in the last decade or two.

I'm pretty active in the space and watch quite some crypto related videos to kill time and have a laugh, but I haven't heard of Josh Rager before.

Anyhow, I find it quite funny how people here link 'well known' traders and think their prediction hold significance while if you have a basic understanding of technical analysis, you can come up with similar predictions. In the end, you'll be right or wrong. These people will not show up when they are wrong, but push it in your face when they are right.

I have seen Alessio Rastani do the same. When the price goes up or down, he shows you a fragment of his member side video where he points out how he predicted it to happen. What he doesn't show you is how many times his predictions didn't go to plan, and you won't see it unless you become a paid member.

For a noob it might look these guys are right plenty of times, while it's just a trick to gain recognition.

The fees will go up organically due to the price going up, so we will not have the fees as low as they were earlier this year. The situation back in 2017 was completely different and shouldn't be used as metric anymore. We can only work with what we have right now, and all indicators point at an increase in fees.

Lightning has little to no effect on getting the fees to decrease. I would say that now the price is going up again, fundamentals are pushed back again which means that there is little to no attention anymore for Lightning, Segwit, etc. People cough up the network fees and seem relatively fine with it. Only when we're going back to $5-$10 fees Lightning and Segwit will pop up again because people have no option than to use them.

CMC is a shit site when it comes to exchanges and their volumes. I wouldn't recommend anyone to look at that site to find an exchange that could work out. What happens is that newbies look at which exchange has the highest volume, then go for that one totally not realizing how fake their volume is. Most of these top fake volume exchanges happen to be Asian too.

Bitstamp, Kraken and Coinbase are the main fiat exchanges. Binance is the one that people use for altcoins and whatnot due to their liquidity, and they seem to offer swift support, better than any other exchange in the industry.

I think you will end up with a massive BTC print on your face, just like all the skeptics who kept rehashing the same nonsense since 2013.

Build a bunker, make sure you have the best filter and ventilation system available, and prep as much canned food as you can to survive at least the coming 5 years. Don't forget to hold some of this carbon footprint spewer coin so you will at least be able to keep seeing your wealth increase as the world goes under.

McAfee is a complete lunatic, ignore this drug abuser and fraudster. Trace is quite a respected entity within the space with solid investments contributing to what he believe will work towards a better and more secure ecosystem. I add more value to what he says than anybody else throwing with predictions left and right.

I am more a fan of letting the market speak for itself. Whether the current price is $5000 or $100,000, it is what people are willing to pay for it. People said that sub $4000 was extremely unfair for Bitcoin, but if it was unfair, the price would reflect that and start going up. The market valuation at that point was fair. People didn't want to pay more for a Bitcoin. It's that simple.

The market is never wrong. People are most of the times.

As said above, the volumes are not real on CMC. They collect data from exchanges without caring about how real or fake the volumes are. Better idea is to track exchanges such as Bitstamp and Coinbase for their volumes.

I doubt that's a viable path to follow for them. 25,000 coins equals nearly $12 million, so you would have to dump a little on every exchange, but considering that most of the buy support you see on exchanges very likely comes from Bitmain and Roger, it's still not going to help much.  

They will need to sell as much of their garbage through the OTC market, but who the heck is going to buy them?

Bitmain doesn't support SV. They support BCash and holds +1 million coins in their reserve. It's impossible to liquidate these holdings at a fair price to later on drop support. It would take years if they want to get the most value out of their coins because of the poor liquidity. The liquidity is so poor that whatever Bitmain, ViaBTC and BTC.TOP end up mining, the coins are kept off the market. They use their Bitcoin to cover expenses.

I think they will just try to keep the 5% ratio and hope that people buy miners to mine this trash. More large SHA256 networks means more demand for their hardware. Smart business move on that front.

That's true, but at one point you have to make a decision to either keep holding or to sell a part of your stack to buy back more Bitcoin lower.

What you have to remind yourself of is that you can't time the market. You will likely sell below the price that will turn out to be the top. People tend to get upset because they thought they sold the top, but it turned out to not be so. What some of them do is buy back in higher, and then get trapped waiting for the price to go back up while it's going to go down more.

Point is.... Stand firmly behind your decision to either secure profits or not. Don't act out of panic afterwards. You'll lose money.

Don't pay attention to these suckers. It must sting seeing the price go up and for that reason they do their best to get you to panic sell. Spreading fud here has no effect on the price at all, just like how thousands of moonboys here were spreading bull run nonsense back in 2018 didn't have an effect on the price. It's literally a waste of time and effort.

It might also be a sore altcoin losers because the BTC ratio of altcoins has gone down by 50% on average this year.

Mind sharing what show you watched? So far I have seen most mainstream media sources actually praise this as being a ligitimizing factor for crypto.

I don't think it matters much what sort of network a stablecoin is running on to be considered a 'true' stablecoin. The only requirement for that is that it has a stable unit value.

It definitely is centralized, but that's also the case when it comes to fiat backed stablecoins running on top of Bitcoin or Ethereum.

Is there a particular reason why you are using blockchain dot com? I don't see it offer much utility at all. It requires you to pay much higher fees due to them not supporting Segwit, which also means that you can't send funds to a native bc1 Segwit address.

Money doesn't just disappear from a Ledger hardware wallet. The person either bought a Ledger from a malicious website that has it already set up for him, which means that the one who set it up also owns a copy of the seed, or the person stored his seed online and it got compromised one way or another.

Governments aren't directly accepting Bitcoin though. It's just a third party gateway they use to receive fiat after every tax payment.

I think it's actually a bad thing. If you use Bitcoin to pay your taxes with, they are going to be aware of the transaction data and from there can basically follow you through the years, where you trade, what addresses you use for long term storage, etc. It's basically them making it easier to bust you and charge even more because you didn't declare everything they way you should have according to them. It's a trap.

Another reason this isn't a good thing is because of how these coins will be used to temporarily short Bitcoin because they don't sell their coins immediately. They short to cover the risk of the price that might go down.

Institutions have likely secured their positions well below the $10,000 level. I strongly believe that what we see right now is retail money entering Bitcoin's ecosystem.

The buzz around institutions buying Bitcoin exists for a couple of years now, and people keep waiting for the moment to see it happen. They don't understand that institutions are silent buyers, so if you're waiting for institutions to say 'hello we're here and about to inject billions of dollars in Bitcoin' you can't be more further from the truth.

Smart money doesn't talk. Dumb money does. Dumb money sentiment has been a great counter indicator in so many markets for decades now.

The market has turned resistance levels into invisible barriers lately, so it doesn't surprise me it did what it did.

The last potential resistance level is just under $20,000 depending on what exchange you're looking at, but once we're past that high, there is literally no limit as to what price we will see in the forthcoming years. We'll create new resistance levels and bottoms, where ultimately the $20,000 high will be a future bottom. The only question is from what level will we fall back to that $20,000 level? 

The last time we went up to the all time high of $1100 resulted in a ~35% dump, which took us a month to recover from and from there we went full parabolic to $20,000. If we see something similar happen again, it's probably a good idea to buy that dip.

I'm glad they don't, because if they did they would be lying.

I would say it's just our good old buddy fomo. Breaking the $10,000 level is such an important milestone that people rush in to not miss out on a further increase. No one knows how long this will continue, but as they say, the trend is your friend, so it makes more sense to be long than to be short, even after such an increase.

Coinbase used to lag behind with their volumes during the sub $4000 phase we were in, but now it's leading as true fiat exchange. It's fresh money flowing into Bitcoin.

Mind explaining your situation a bit? This is what I think have understood so far; you took out a loan through a foreign institution in USD, but used that to fund the car in your own country's currency? If your native fiat currency is so weak that it halves in value, why take out a loan in USD? Problems with fiat currencies that lose value play for a long time before they really tank against USD, so it can't catch you by surprise.

That being said, I didn't know you could take out a loan in a currency completely different to the currency you are being paid with. I would have assumed that a basic check of your finances would expose the risk and for that reason the loan wouldn't be granted to you. Perhaps things are different outside Europe.