Currently it's 240 satoshi/byte but still very expensive to my mind. Of course it's low compared to 940 satoshi/byte but miners just want much money, it will have a nice recovery soon or after segwit and so much panic it won't be as high as it was, maybe 400-500 satoshi will be optimal for regular period of price will continue to rise, otherwise if it falls, transaction fees will be like this or a little bit low.

I wonder how people get busted for using Bitcoin when it is supposed to have anonymity? Anyway, still good that a supporter was busted!

Hello,

I am trying to find a good way to be able to monetize Bitcoin, considering that XAPO, Cryptopay and Payeer have now discontinued their debit card program.

Before I forget, I DON'T WANT to use Coinbase at all, I have had very bad dealings with them.

Ideally, I would like to be able to transfer Bitcoin directly to a EUR bank account.

Can any of you please recommend a good and working system?

Thanks!

The financial technology company, best known for its native digital currency XRP, on Wednesday announced that two payment companies — IDT Corporation and Mercury FX — would begin using its xRapid product to settle certain transactions.

Well - I was eagerly anticipating the rating and how the result would be. I do find it funny that they sent out a mail today - saying that there had been a cyber attack from South Korea. Someone was interested in positions prior to the official release or just hindering the release? Anyway - I am kinda disappointed that they did rate the "coins/tokens" without any working product so high. The mail I received from them today had these explanations to some of the ratings:

Bitcoin (rated C+) gets excellent scores for security and widespread adoption. But it is encountering major network bottlenecks, causing delays and high transactions costs. Despite intense ongoing efforts that are achieving some initial success, Bitcoin has no immediate mechanism for promptly upgrading its software code.

Ethereum (B), the second most widely adopted cryptocurrency, benefits from more readily upgradable technology and better speed, despite some bottlenecks.

Novacoin (D) and SaluS (D) are weak in terms of both technological innovation and adoption.

Steem (B-) enjoys a relatively good balance of moderate strength in nearly all the key factors considered along with a social network feature.

I would love to see the rest of the ratings but will not pay for the list. And I wonder what reason they have for giving the "ideas" higher rating than other coins with working products. Anyone got the entire list with explanations?

Warning: The Financial System Just Made a Tectonic Shift
https://www.zerohedge.com/news/2018-01-23/warning-financial-system-just-made-tectonic-shift

*the sound of trumpets*
"Inflation is coming! Inflation is coming!"

Australia's biggest gold refiner, the Perth Mint, is developing its own cryptocurrency backed by physical precious metals.

The ambitious plan, which is subject to a confidentiality agreement, will make it easier for consumers to buy gold.

Media player: "Space" to play, "M" to mute, "left" and "right" to seek.
Audio: Perth Mint chief executive Richard Hayes talks about plans to develop a crypto-gold product (ABC News)

The mint also plans to make use of blockchain technology, first used as the core component of the digital currency Bitcoin, where it works as a public ledger for transactions.

In the 10 years since its inception, blockchain has been used to track transactions in industries from agriculture to land registration and the music recording industry.

For the Perth Mint, the need to bring investors back to precious metals after a boom in alternative investments such as cryptocurrencies posed an opportunity, according to chief executive Richard Hayes.

"I think as the world moves through times of increasing uncertainty, you're seeing people look for alternate offerings," he said.

Over the past 18 months, the Perth Mint has introduced an online trading platform that allows consumers to purchase the precious metal at all times of the day and night.

The introduction of a crypto-gold product would increase the accessibility of gold by consumers.

"As far as Perth Mint is concerned, gold has certainly become far more accessible to the ordinary man in the street," Mr Hayes said.

"We certainly try to make it easier and easier, within reason, for people to access precious metals. This would just be another way for them to do it."

Mr Hayes said while a date for a launch of the blockchain-allied products had not been set, he expected the next 12 to 18 months would result in significant movement in that direction.

Nasdaq is actively exploring bitcoin-linked products and other digital currencies that would appeal to retail investors, Adena Friedman, the exchange’s chief executive has said.

The initiative comes as the financial establishment is looking for ways to play a part in the rise of cryptocurrencies, which gathered pace with bitcoin’s sharp appreciation last year, where trading volatility stands in sharp contrast to the placid markets for traditional assets.

Nasdaq rivals Cboe Global Markets and CME Group already have rolled out their own bitcoin futures contracts.

“We are looking to create a product geared to investors, not traders, as an investible asset,” Ms Friedman told the Financial Times, adding that what she is calling a “digital gold” model might be the most effective precedent to use when structuring retail-friendly products.

She described digital gold as a store of value that would exist alongside other “real” currencies, rather than a fully fledged currency in its own right. Nasdaq wants its product to be a vehicle for long-term investment rather than trading or arbitraging against moves in bitcoin.

Nasdaq has previously expressed interest in bitcoin futures. While it did not offer specifics, a total return future is a type of derivative that mimics a privately-negotiated swap, but is traded on a regulated exchange.

Nasdaq is also likely to create a bitcoin index, which might pave the way for exchange traded products, further broadening the retail appeal for digital currencies. CME has a bitcoin reference rate and Intercontinental Exchange recently unveiled plans to create a consolidated price data feed for cryptocurrencies.

Nasdaq officials stress that they have not yet taken any formal decision about when they might unveil this move, not least because US regulators have been opposed to bitcoin-linked ETFs.

However, the exchange group has already quietly worked with partners to launch exchange traded notes linked to bitcoin and Ethereum on its Scandinavian exchanges, where regulators have permitted these innovations.

And the discussions inside Nasdaq about potential retail bitcoin products have accelerated after the CME and Cboe Global Markets each launched futures contracts linked to bitcoin last year.

Retail investors can already trade existing bitcoin futures through retail brokerages such as TD Ameritrade and ETrade and the latest data from the Commodity Futures Trading Commission, the regulator, show interest from retail investors, even though Cboe’s future, for example, requires an outlay of more than $10,000 based on the current bitcoin price.

Until recently, Nasdaq was wary of jumping into the sector since its senior officials feared that the structure of the unregulated digital currency market left retail investors at a deep disadvantage.

One problem is that when an investor buys or sells bitcoin at present, brokers usually only offer “indicative” price, rather than stop limits, meaning that brokers cannot guarantee the price at execution. The market is also prone to technical glitches, particularly when volumes are high, and transparency is low.

“There are a lot of opportunities to improve the market structure as it exists today,” Ms Friedman said. “Other instruments [in finance] have matured into a mode which is offered to retail investors. There is room for this to happen in cryptocurrency. We will only launch a product if we can make it much better.”

Stripe, the firm which helps more than 100,000 businesses do financial transactions online, is to scrap support for Bitcoin payments.

It said Bitcoin users now saw the virtual currency largely as an "asset" to be traded, rather than something to make payments with.

Fewer online merchants wanted to accept the cryptocurrency, it added.

Rising fees and longer transaction times as a result of price fluctuations also lessened its appeal, Stripe said.

Customers of the US-based payments firm pay a fee to Stripe each time it processes a payment. Clients include Lyft, Deliveroo, Grab and Target.

In 2014, it became the first major payments company to support Bitcoin payments.

At the time Stripe said it hoped Bitcoin would become a way for people in places with low credit card penetration or prohibitively high credit card fees to do transactions online.

But the virtual currency was now "better-suited to being an asset than being a means of exchange," it said.

Hello,

Reddcoin has a nice concept behind it. But right now the real world use case is fairly low.

It's a old project, with a large community backing who would want to make sure the coin in indeed a success in future.

In addition to that given it's very low price and the amount of money that is flowing into the crypto space investing in reddcoin for several months won't actually be a bad choice.

With cryptos growing at a crazy way I am way sure there will be growth in this coin irrespective of the long term success. Crpto is all about money at the end of the day and knowing where to get in and get out are the smartest moves to make.

Good luck

if you had many bitcoins now, do you sell them or hold?

remember if you sell now and :
Price drop : you will be lucky millionaire.
price goes up later : you will be stupid millionaire.

if you don't sell now and :
Price drop : you will be broken.
price goes up later : you will be Billionaire

Poland plans to introduce crypto-currency legislation

The Polish government is going to regulate the digital currencies in accordance with the AML standards. The Council of Ministers adopted a bill on the regulation of Bitcoin and other crypto-currencies in accordance with legal norms for combating money laundering, tax evasion and use for financing terrorism. Poland defined the rules for the subjects of the cryptonian. The text of the draft law lists "compulsory institutions" that fall under its influence. So, this list includes exchangers and other intermediary enterprises supporting the digital currencies trading.
Who thinks anything about this?

Hello guys , whats going on with the south korea regulations rumors and why its so important that affect the whole crypto market ?

im surprised to see the drop in prices and a lot of people getting afraid of whats gonna happen next ..

idont know why but i feel like all those news and fake news are part of a big game !

I have an amount of money that I want to deposit and trade cryptos with. I’m looking for an exchange to deposit this into without the huge Coinbase fees.

I already use binance, and I think it’s a great platform, but Only if I already have different crypots already. I want a good place to buy crypts with fiat for a low fee.

Can anyone recommend one? I’ll use your ref link, but please don’t just spam your ref link without any explanation. 

https://www.cnbc.com/video/2018/01/19/weiss-ratings-starts-grading-cryptocurrencies.html

As you see here tomorrow n 24th January is announced this ratting from https://www.weissratings.com/  that is highly reputable company that rates investments, stocks and companies.


What can we expect? Something like https://www.coingecko.com/en  ? Coingecko was my Nr1 crypto rating index so far.  Or we will get something totally new?   Who will get rate A beside Bitcoin? Who will get rate B?