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This Facebook ban affects Ethereum more than it affects Bitcoin.
In order to take part in these ICOs people have to buy Ethereum first and then use the ether to participate in the ICO. So - if Facebook is really a source of new ICO money, we should see the ether price start to fall back as the money dries up.
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http://www.bbc.co.uk/sport/football/42878706A Turkish amateur side claim they are the first football club to have paid for a player with cryptocurrency.
Omer Faruk Kıroglu was rewarded 0.0524 in Bitcoin (£384.12 at 18:00 GMT) and 2,500 Turkish lira (£467.30) to join Harunustaspor, who compete in the Sakarya First Division Group B.
"We did it to make a name for ourselves in the country and the world," club chairman Haldun Sehit told CNN Turk.
"As my chairman said, we are doing something new," added the player.
Cryptocurrency is growing in popularity within sport.
Arsenal recently signed a sponsorship deal with a cryptocurrency company, while Barcelona forward Lionel Messi and boxer Floyd Mayweather have promoted the financial technology.
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Newbee here. Please guide me.
Which is more profitable in the long run, Crypto trading or online betting ?
Don't go with online betting - the trading contracts usually expire within 3 or 6 months, and cryptocurrency trading sometimes requires a longer horizon. Make an account at an alt exchange like livecoin, and only trade coins you actually have (don't bother with margin trading/borrowing). When you have a long horizon, it gives you an opportunity to either accumulate low and then play the long game waiting for a pump, or to trade quickly and take profits. You have more flexibility with normal crypto trading. |
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How can one cash out a large amount of bitcoins (or other crypto) without damaging the price too much?
There are Over The Counter (OTC) services that allow you to sell, usually to an exchange, that then discreetly sells the coins via market maker operations on their exchange. You can sell lots of BTC in the OTC market - and you can also buy. See the following article: https://bravenewcoin.com/news/how-to-buy-large-amounts-of-bitcoin-through-the-otc-market/ |
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Bitcoincash is now live on OpenBazaar: https://twitter.com/BTCNewsUpdates/status/958397585194090496Bitcoin Cash support on OpenBazaar now live! @openbazaar announce the release of OB v2.1.0 with Bitcoin Cash (BCH) and ZCash support. Time to go shopping They used to be bitcoin only, but announced in November that they'd be enabling BCH and Zcash because of the bitcoin fee issue. |
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Bittrex these days, is requesting certificates of conformity to all currencies, according to American laws .... who will not provide the necessary documents within a few days will be delisted by the price list. There could be an apocalypse
Bittrex is heavily exposed to the Tether scandal - I believe they have one of the biggest tether wallets. And I think they attracted the attention of the Feds as regards some of their earlier ICO offerings. Which is why they are going nuts with "certificates of conformity" etc. If you want to trade alts, trade at an alt only exchange, that doesn't have fiat and doesn't have tether. They are classed as "token" exchanges rather than money exchanges, and are not subject to US money processing rules. |
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I think this happened because bounty hunters part in all avialable campaigns and clog up pages.
Then other non crypto community click this activity as spam
This. When people over do things, it spoils it for others. It's a bit like webpages in the 1990's with their blinking ads in your face everywhere - they prompted the rise of ad-blockers. |
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with bitcoin price falling I sometimes ask myself; when is enough?
What do you guys think will be the bottom before it goes back up?
And what would be your bottom? 9k? 8k? 7k?
You have to look for something called capitulation. When a market is going upwards, you usually get bears saying it is going to fall. When the last bear gives up and decides that the market is not going to fall after all, is the point when it turns downwards. And it's the same in reverse - when the last bull gives up and stops talking about the moon, that is when it will turn upwards. |
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I see alot of people talking about if $Tether raises ( in increased market cap for example ), bitcoin will raise/go down aswell.
I'm wondering what all the controversy is about and i'm a bit out of the loop.
Is this pure FUD, -> https[Suspicious link removed]d/the-mystery-of-the-bitfinex-tether-bank-and-why-this-is-suspicious-a8a6407a1241
I know that Tether is experiencing extremely bad problems from the United States. Money of the coin has become a popular alternative to the dollars on cryptocurrency transactions around the world, with about $ 2.3 billion except on Tuesday. When Tether says all of it has been back in US dollars to hold reserves, the company has yet to provide conclusive evidence of its holdings to the public or its account auditors. Skeptics have questioned whether money is really there. I am really worried because I am currently keeping a lot of Tether. If you are worried, then sell your tether for either other cryptos/bitcoin or send to Kraken and sell for real USD. I think it's clear at present that tether is just another alt at this point. |
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Dumb buyed the bitcoin at 20,000
I just bought everything at 10,000
When it goes to 250,000
I will buy both Rolex AND airJet!!!
You mean IF it goes to 250,000, right? There are no such things as guaranteed profits. |
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Interesting that the supoena was on December 6th, but the news of it has only been released now. Bitcoin is down by 10%, but appears to be holding around $10k - must be a lot of buy orders just under $10k. |
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There are a few threads on reddit about it. The following is from someone who managed to make an account: https://www.reddit.com/r/Bitcoin/comments/7t5bk9/initial_thoughts_on_robinhood_crypto/He had the following to say: As things stand with Robinhood basic/free accounts now, HODLers like myself are not able to send coins offsite either as a means of payment or, in my case, to my Trezor for cold storage. You may apply for Robinhood Gold status to send coins offsite (couldn’t find anything in the documentation showing this, Segwit/no Segwit, etc., but I just just got the account and am still digging). Robinhood Gold accounts have a monthly maintenance fee, which would act as a drag on my returns as a HODLer. The fees are not obnoxious, but not the route I want to go just to be able to send coins. As their user base expands and they get more skilled at servicing client needs, I hope they will include this ability in their free/basic accounts. |
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sounds good to the cryotoverse, i noticed most of the minimal to non-corrupt countries are embracing new technology such as blockchain, and those that are noted of corrupt nations are somewhat repellant to blockchain. why is that so?
Stable non-corrupt countries have nothing to fear from bitcoin and much to gain from the technology. Dodgy countries have citizens who are determined to hide their money from their corrupt govts, which is why they are trying to ban bitcoin. |
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Cryptopia has lost their banking facilities. See https://www.cryptopia.co.nz/NewsThey are askinhg people not to deposit New Zealand dollars there any more. Withdrawals of New Zealand dollars will continue up until Feb 9th 2018. |
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They have just issued a blog post saying they have lost their banking facilities: https://www.cryptopia.co.nz/NewsUnfortunately, our current bank has notified us that they intend to close our NZDT account on 9 February.
Due to this, we are announcing an immediate halt to NZDT deposits from COB today and we are asking all customers to cease sending NZD deposits to our NZDT account. We will continue to send withdrawals up until the 9th of February if you wish to withdraw your NZDT balance. We will also place a significant sell wall on the BTC/NZDT market at a very competitive market rate to enable any users currently holding NZDT to be able to convert this to BTC at the best rates available in NZ.
Due to the extremely short notice from the bank (and little opportunity to present our case and provide compliance documentation to demonstrate our commitment to the applicable regulations), we believe this is the best course of action to protect our users.
While we are working hard to secure alternative banking services, we have to prepare for the possibility that there may be a period of time between this closure and being able to provide these services again in future.
Rest assured, Cryptopia is committed to ensuring our users remain the top priority and have access to their funds at all times. This notice is a precautionary measure and we remain hopeful that we will be able to resolve this prior to the 9th February deadline with either an extension from our current bank, or an alternative solution to ensure you can continue to trade using NZDT.
We are focused on securing lasting and open relationships with bank providers so that this will not happen again in future. Whilst some exchanges choose to operate by opening bank accounts without being transparent (and running these until they get shut down), we believe this exposes us and our customers to greater risk and uncertainty.
We do apologise for any inconvenience this causes you whilst we work hard to resolve this challenge.
Best wishes The Cryptopia Team |
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https://www.newsbtc.com/2018/01/30/samsung-south-koreas-largest-company-manufacturing-asic-chips-bitcoin-mining/Samsung, the largest company in South Korea which is accountable for a large portion of the country’s economy, has started the production phase of bitcoin and cryptocurrency mining equipment and ASIC mining chips.
Local media outlets reported that Samsung partnered with a Chinese bitcoin mining equipment manufacturer last year and finished the development of its ASIC chips. Samsung, which operates one of the largest semi-conductor manufacturing plants in the world, will manufacture and supply cryptocurrency mining equipment to the Chinese market first.
In the long-term, Samsung plans to expand its mining equipment venture from China to other regions like South Korea and Japan that have a stronger demand for cryptocurrencies than other countries.
A Samsung spokesperson told local media that the company will operate a foundry to manufacture mining equipment and to match the supply requested by the Chinese bitcoin mining firm it has partnered with. In the beginning, Samsung said it will focus its venture on targeting the Chinese market and because Samsung has just started its foundry business, it is not unsure of the revenues its mining venture can generate. I expect we will see more and more electronics companies getting into the ASIC chips business.
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Seeing some charts and elliots waves ... seems like we are going 9K
We've had a few dips to 9k - and it always bounces back up. I think there are a load of hidden buys at that level as hedge funds and other try to get in while not overpaying. |
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