Yet again, weekend trading brings a lot of joy to Bitcoin, I honestly can't think of any other market which moves so wildly on Saturday and Sunday. Just over-exuberance from drunk traders? Amateurs who take the weekend off from work to buy and sell Bitcoin? Wages get paid on Friday?

Joking aside, I would say even a $6500 peak today or tomorrow is not unlikely. Bitcoin this year has not broke past ATHs without setting new grounds higher than previous. I'd say at 10% above old ATH where it'll hover for a bit before correcting. Old support still remains at $4800 until 25th fork.

I'd be very careful about looking at "little panics" like these as swing indicators. Swing traders already find it incredibly difficult to identify movements in traditional markets, never mind the Bitcoin market that seems to defy every known and accepted trading convention. The market simply hasn't matured enough to be able to "work" on its own.

I've probably been right about half of the time when predicting corrections on Bitcoin. And since touching $5,900, the correction hasn't been as massive as I'd expect, given the ones of the previous.

Actually, I think it's just a simple misunderstanding. Seems to be that the police chief or boss there has an idea to just try using Bitcoin to set up honeypots. This is precisely how law enforcement found great success with taking down dark markets, and is the chief modus operandi for Interpol in capturing/shutting down child pornography rings. Honeypots are an old strategy but it still works. He just means to buy/obtain Bitcoin, not mine it.

Just a cop trying to keep up with the times. P.S. Of course the FBI have thought about it. They wouldn't have used Bitcoin seized without mixing it first though.

I've missed Mr Bodog! Shame that only Bitcoin.com would find the time to give to this guy. He can anything he wants as the only Bitcoin, Trump, the UN, anyone can call anything anything they want. But if you're going to have to issue statements to say that your "bitcoin" is "bitcoin cash", then you've got to realise the folly of your logic... he should go ahead and advertise his business as accepting Bitcoin. He'll soon see that no one else sees BCC as Bitcoin.

Enjoy the freedoms of decentralisation, Mr Ayre!

Hey tokeweed, I'm hearing you out! Here's my take on it, after seeing several discussions and thinking about it myself.

1. To launder that much money, you'd have to be moving a LOT of bitcoins. Regularly. If the total market cap of crypto is only 165 billion, and of that only 94 billion, we're talking about very noticeable amounts being laundered. Even taking into account a $5000 Bitcoin value, to move 1 million dollars requires 200 Bitcoins. And we know the industry is moving hundreds of millions a month. Those Bitcoin volumes moving into USB wallets are going to be very easy to detect. Getting someone to SELL you those Bitcoins is going to be hard to find. Exchanges as we know them are going to be very difficult as well.

See, if you're moving millions of fiat in a global market of 100s of trillions, it's a speck. Perhaps when Bitcoin is valued at 100,000, it may become more viable.

2. It didn't take long for the FBI to track down dark markets who went through the trouble of mixing, remixing and anonymising their transactions... on a volume far smaller than drug cartels. What this tells us is that the tracking software has become very sophisticated.

I believe the technical knowledge required to hide and launder Bitcoin, being a non-anonymous public ledger and all that, is a deterrent to major organised crime to using crypto. They've got great accountants schooled in conventional finance, but not yet the skilled programmers who would help them use crypto to their needs.

However, due to ETH's architectural difference (and Monero's), illegal activities are moving towards them and it may well be that they could be used chiefly for these. Research already shows Bitcoin illegal use dropping sharply, and is predicted to be less than 5% of volume end of this year.

3. Most likely, they haven't heard about Bitcoin yet or don't know yet how to use it. Somewhat related to (2)... but you know, these guys are probably unimaginably removed from our world of computers and digital tech. Call it a deeply-ingrained culture of paranoia!

Bitcoin will naturally appeal to the Phiippines, where overseas remittance from their workers abroad has for a long time been its greatest contributor to national GDP. This has been further boosted by Bitcoin's incredible ascent in price. Every dollar, euro, pound sterling, ringgit, riyal that they previously sent home is worth far less than every Bitcoin ever converted from wages.

People have been complaining about the cost of Bitcoin transactions too, but even at the most expensive I've paid, it's still a huge savings on the fees from competing remittance services.

When South Asia's own overseas workers, who also send back a lot of wages, discover Bitcoin and use it, well. That will be the next wave of adoption.

Actually, most of the sites suggested above are "truly instant" in the sense that as soon as your Bitcoin transaction is broadcasted to the network, the deposit is reflected in your casino balance without waiting for confirmations.

In essence, these are called "0 confirmation deposits" and generally, these are safe to do for most casinos since their protection lies in withdrawal conditions, requiring all deposits to confirm a certain number of times before processing withdrawals. This is just to prevent double spend abuse.

In fact, that's the first thing you should look out for before even making your deposit. A lot of these instant deposit casinos require you to wager your deposit a certain number of times before withdrawal, while others even have withdrawal minimums larger than deposit minimums.

Play smart!

It's a fancy name that implies that your transaction be confirmed quicker. It doesn't actually do anything to the transaction itself or the network itself.

These acceleration service providers, such as the one cissrawk used to submit your tx are actual miners. When they accept your tx, they just promise to include it into the next block they find. If they find a block and the network accepts it, it's added to the blockchain and your tx, which was included, is confirmed.

So, your tx confirmation has an improved chance of getting confirmed: either still being picked up by other miners or when the accelerating miner finds a block.

The other individuals in this forum also providing the service either are miners themselves or are able to ask miners to include txs.

Tough luck, Cryptoknight! And this was precisely what we were saying in posts above, games like Qarabaq are just so poor value on Money Line because even a sure win is not guaranteed, as last night proved. That was a wonderful parlay otherwise. The ten men probably compounded the problem because an underdog that has lost one player will just defend like a pack of hyenas... which is what happened for the remainder of the match after the sending off. I feel terrible for Fernando Torres' team (sentimental Liverpool fan here).

Thailand, along with Malaysia, Ohilippines, Singapore and Indonesia, (Vietnam coming close behind) have actually been pretty adaptable with digital currencies, and Bitcoin is no different. Thailand still has a very small share of the trading volume on Localbitcoins, but they and their neighbours have been seeing incredible growth in volume since the end of 2016.

Infrastructure-wise, there's quite a lot to support the growth in urban cities, the only downside is that a lot of Bitcoin use is perceived by local forum users to be related HYIP and other less-than-acceptable activities - though I say this from a Malaysian, rather than Thai perspective (can't read Thai!). Southeast Asia is coming up, though, that's for sure.

Daring picks for tonight, Joca! I know the Russians smacked the hides out of Sevilla last night but I'm not sure CSKA can replicate that performance tonight, especially if they can't shake off their last outing when they were completely overpowered by Man Utd. Basel on the other hand suffered just as humiliating a loss, so I would have gone for a both teams to score bet... yes I know Benfica defended horribly but it takes a good strike force to take advantage.

Still, it's a very good Parlay if you pick both them and Juventus. Good luck!

Well, I would say that at least the Qarabag and Barca games are definitely to be avoided on straight bets, but I would definitely use them to pad up a reasonably risky bet to get accumulator odds above 2.0 odds. For example, Athletico Madrid are at 1.32, and Barca's 1.08. Put in acca together with say,
PSG at 1.17 and you get a more respectable 1.67.

The bookies do seem to be taking into account the unpredictability of this season's Champions League so far, as I'm seeing so many closed bets on my bookie with extra options.

I might risk the Barca-Olympiakos game for a Under 3.5 goals, for the 2.45 returns. Barca may have 2-3 goals in them, but not more.

To be honest, I was surprised it took so "long" to correct. These surges tend to be quickly followed by depressions almost as impressive. But you're right, this is a market unlike any other and I've given up long ago to try and predict movement in the short term. So I'll stick to what has always served me well: it will rise again, if not in weeks, in months.

The thing I now need to learn is that alts no longer follow Bitcoin's rise so closely!

P.S. It's always a good time to buy!

This may not seem like a big thing right now, but there's actually a flurry of movement by several companies (including ICO launches) that are seeking the same recognition, working with FINMA. It's happened sooner than expected, but is not a big surprise considering Switzerland's warmth thus far towards Bitcoin and CryptoValley may very well become the choice destination for European crypto/blockchain startups.

And today, right at this moment, there is a meeting at the EU Parliament on EU engagement with the industry, with two MEPs. I understand Bitfury was slated to join, along with the other suits from the Branson entourage. 2018 will be the year of Bitcoin (and crypto) regulation.

There's quite a bit of discussion on this forum but if you want a reliable quick guide, head on over to the horse's mouth at http://btcgpu.org/

On the landing page, if you scroll down, you'll find a list of wallets supporting Bitcoin Gold or BCG as they're calling it. There are also a few exchanges on that list that have committed to crediting equal amounts of BCG for BTC balances. The latter required you to trust the exchange... I'd say HitBTC is the most reliable on that list, but don't take my word for it.

Read their FAQ for more info.

Aren't the guys here one big, helpful community? And welcome to Bitcoin! It's refreshing to see that newcomers find their initial information on crypto to be encouraging. I doubt many, including myself, will agree that the developers of these ideas are all true humanitarians, but I do recall being inspired by some of my early readings from those like Andreas M. Antonopoulos (you should read his books, quite easily available online) which for me were great introductions by way of insightful snapshots taken from his lectures.

Enjoy your journey!

Yes, you are right, I wasn't paying attention, my mistake for reading Segwit2x as Bitcoin Gold! So take that mistake into context and you'll see it was pretty pointless to list all that up there, as I was saying that Bitcoin Cash had "significantly wealthier and more powerful interests behind it"... thank you for backing up that statement, nevertheless! Well done!

Sevilla must really want to drop back down to try and win the Europa League again But yeah, this is a strange group indeed. The team that could only manage to draw with Maribor beat the team that Liverpool couldn't beat. Didn't watch the Sevilla game but it must have been a comedy of errors or just plain arrogance from the Spanish team, or just a ruthless Russian side.

Liverpool didn't play too brilliantly, to be honest. All 7 goals were good of course, but I suspect a better keeper and defence might have at least stopped 3 of them. They're just lucky the 2 chances Maribor had went to wasteful finishing, and luckier Karius wasn't given more opportunities to slip up. Now to just win 2 more games.

I'm really surprised that they've valued it so high, only fractionally lower than what BCH futures were like. Not that I'm a fan of Bitcoin Cash, but it had significantly wealther and more powerful interests behind it. Bitcoin Gold, for all its ideology can't seriously believe it can make a convincing case to users.

It'll follow the same route as BCH, that's for sure. But I foresee them sliding down that slippery slope even quicker.

As many as 3 splits this year, you reckon this will only set the path for more next year?

Ronaldo's ended his goal drought but he's always going to be a danger either way. Kane might be put off by Madrid's approaches to buy him, but I feel he will be a true professional by showing off his worth. If spurs win the midfield early on and set the pace with a goal in first half, then this is theirs to win. I predict 2-1 to Spurs.

On my own end, only interested in Liverpool ending their winless streak and Maribor's got to be there for the taking. My only concern is persisting with Karius who gives away soft goals, otherwise Lovren and Matip should be more than enough to hold the fort.