Meantime is Bitfinex gone forever? Would be the ultimate cool exit scam. :-)
They say they should be back in less than an hour. Earlier on gentle mandy was speculating they might crash the price by introducing 100x leverage. https://twitter.com/bitfinex/status/1143787892466229248Our scheduled upgrade is set to commence one hour from now (8.45 AM UTC). The Bitfinex platform, along with all features, will be down for up to 7 hours. |
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The good news: The bull is really on fire  The bad news: A real correction should come in soon, it is very unusual that after a 400% runup in 2,5 months every dip is bought up with big strength. I do not believe we will see ATH in July, thus i will be closing all my longs and prepare for a real big judas candle. Overall, a correction would be healthy now, though its bitcoin and we could see ATH by next month lol. Everyone seems to be thinking we are due a big correction, so it might be best to go long. Disclaimer I'm usually shit at trading. |
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I'm starting to lose motivation at work...
I don't have a job. If I did I would do a lap dance in the boss's face until he passed out from the fumes or fired me. I do not think he would 'make it rain'. What fumes specifically? |
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$11900 on stamp!  ^ Shorters |
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Hey - I popped a post up on the power of BTC this morning and seemed to have been blessed with much appreciation.
To:
Globb0
Biodom
vapourminer
JimboToronto
xhomerx10
JayJuanGee
Dunkelheit667
fluidjax
Phil_S
Toxic2040
machasm
mfort312
gappie
You made my day and I can spread some sM around again. Thank you.
I'm all out of merits, but I would have liked to give you one, you and many others. You should have one now. Thanks for explaining the Swedish banking system. |
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Wasn't $11,700 supposed to be some sort of big resistance and THE major hump to get over?
Not no more.
The 80000 CNY / BTC was a big deal for the Chinese. The 10000 EUROS / BTC was a big deal for Europeans. And the 15000 CAD / BTC was a big deal for Jimbo. That's a lot of other humps we are over. |
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$11500 on stamp!  |
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“Computer says no” bullshit.
You CAN'T have multiple people depositing into your account with no official paperwork associated. Heck, you CAN'T even regularly deposit substantial amounts of cash into your account by YOURSELF without proper explanation. It is the way it is. doesn't mean it's not bullshit Definitely bullshit. Like in Sweden where it's impossible to deposit cash into half the banks. WTF Can a swede put his own cash money into his own bank? Computer says no. |
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Did any of those three close your account for spending your money without their permission?
It's not your money. It's the credit note they've given you. But which of them are the biggest bastards when cashing out? |
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Interesting how they get to decide if you are allowed to spend your money.
This is pretty much the norm in the UK. Experienced it/seen it with Lloyds, Santander and Halifax. Did any of those three close your account for spending your money without their permission? |
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Just been reading, apparently Royal Bank of Scotland & their many sister banks have a good relationship with Coinbase & don’t close/freeze your account if you withdraw, even large sums.
I like the idea of multiple LBC sales though, myself.
Seems dumb to be talking about this now but we all need to be prepared. Should really ask somebody like Vod, OgNasty or Elwar who I think have already cashed out millions.
Don’t think I’ve ever seen a thread here discussing cashing out plans, techniques, strategies. I would start one but it’ll be filled with nocoiner noobs, one liner posting, broken English & sig spam.
.when I take fiat out of coinbase it takes about 10 minutes to appear in my rbs account . Are you withdrawing large amounts or small amounts? LFC_Bitcoin is probably talking about withdrawing hundreds of thousands of dollars? |
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Don’t think I’ve ever seen a thread here discussing cashing out plans, techniques, strategies. I would start one but it’ll be filled with nocoiner noobs, one liner posting, broken English & sig spam.
This might be worth looking at. Although you'll have to read the whole thread because the OP han't been updated for a while. List of Bitcoin Hostile (and friendly) Banks Barclays stopped my trade with Bittylicious because "suspicious it may not be you" strange because I used their own little encrypted calculator thing so they really knew full well it was me. Had my account locked a few days, I said I'm buying something from the internet? do you want to tell me anything like a good reason? bad seller? what? nothing. They just didn't want to let me. Interesting how they get to decide if you are allowed to spend your money. I read some nightmare stories about trying to cash out large amounts from some exchanges. It would be even worse if you dealt with the exchange's shit, then had to deal with the same shit from your bank. Apparently the HSBC hates Bitcoin too. ...
HSBC has a global policy against customer's crypto-trading. Following their $1.8 billion SEC-fine for laundering money for Mexican drug cartel, they are likely to remain on the sidelines for years to come.
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Just saw this   What the fuck is crypto? Have we degenerated in this thread to a belief that crypto is the same as bitcoin? Or am I in an alternative reality? No. We still call altcoins shitcoins in this thread.  |
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Break up or break down?
I’m going up 3am GMT
Or it could do a sideways bart / inverse bart for months. |
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We are at Dec 3, 2017´s price... 12 days later we were at ATH.
Based on the above we could be in the next bear market within a month. Time perception is much different now. Bubble or are we re-entering a price discovery? Nobody knows. HODL. |
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Rising again...
Honey badger don't care!
Wise are those who BTFD!
Nice bounce back up.  |
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just came across an old receipt.. sold 3 btc for 25 bucks back in 2012.
dont even remember what i used the 25 bucks for. i hope it was nice.
That's about the time I got my titanium yoyo for 4 btc. I still have it. It's a daily reminder to HODL. im considering framing the receipt and hanging it somewhere for the same reason.. to remind me this is why we hodl. Just like I keep the goddamn BFL miner as a doorstop. I am a simple man...I do not learn without pain. Be grateful you didn't sell 10000 coins for two pizzas. That would make me feel like shit today. |
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Was there any good news I missed, that's triggering this?
Dafuq?
Maybe China. https://www.ccn.com/china-fueling-bitcoin-rally-search-engine-tether-data/China sort of unbans Bitcoin again. According to CnLedger, a recognized crypto news source based in China:
‘It is legal to own bitcoins in China’ says Sa Xiao, Council Member at Bank of China Law Research Association, cited by The Beijing News. Besides, Xiao considers the occasional exchange of bitcoins between individuals and individuals is legal. Chinese traders use tether to move money around. From April to June, China accounted for 62 percent of transactions on the Tether blockchain, dwarfing volume from other regions. While trading bitcoin and other crypto exchanges remains prohibited and the government has taken various measures to restrict trading, local reports have suggested that individuals are circumventing restrictions to trade at over-the-counter (OTC) exchanges or international exchanges using Tether. https://www.scmp.com/business/companies/article/2163194/despite-tighter-scrutiny-crypto-trading-frenzy-proving-hard-douseChinese traders often utilise what sources call “client to client” trades.
Much like an online merchant would sell their goods on an e-commerce website, two individuals who have both completed a “know-your-customer” procedure with an exchange would swap “fiat” currencies, or legal tender of a government, to tether.
The exchange plays the role of an overseer of such trades, and stands ready to adjudicate in cases of failed trades, or transactions that are not honoured.
Several sources told South China Morning Post that the money will usually be transferred through bank accounts, or third party online payment networks, between these two individuals.
Once tether is received, then the trader can start trading crypto-to-crypto on any exchanges, with the execution done through virtual private networks (VPNs).
'''
There are no current or even foreseeable restrictions on using VPNs in China, providing a potential loophole for traders to access exchange platforms, the source said. |
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