I have made a similar response to a few posters up who have come up with that stupid answer, and they propose such answer as if they are "so smart."    

The fact that you do not have any bitcoin likely demonstrates that you do not value bitcoin very much, and therefore, you would have likely never held onto your bitcoin long enough to cash out at these prices.  If you had bought at $500, you would have sold all at below $1000, and if you had bought at $1,000, you would have sold all at $2,600, so you are pie in the sky with any fantasy that you would be able to cash out of bitcoin with any kind of profits, because you have a mindset in which you are going to sell almost immediately and no matter what, no matter how skimpy is your profits, and currently, you cannot even recognize that getting bitcoin at this price is a decent HODL and Accumulating price point...   It does not matter if price goes up or down from here in the short term, because in the longer term bitcoin is a good investment at this price, and if your mindset was anywhere near understanding those basic concepts, you would not be so anxious to sell at this current price point.   Get a grip!!!!   or get edumacated regarding the value propositions of bitcoin!    

That is a bit too skeptical. 

If you do not have a bunch of weird transactions going on through your account (especially BIG ones), and you have legitimate, plausible or reasonable explanations for your transactions, and your source of cash and/or your identity verification, then sure they should want to keep you as a customer - otherwise you are correct, if you are raising scam and/or illegal red flags, they are going to have little tolerance for that (perhaps approaching zero tolerance, or at least the appearance of zero tolerance) because they do not want to get shut down and have their license taken away or to pay outrageous fines.

It's like some of the behavior of bar and club owners in the USA in the past 20 years or so, they have become very rigid about checking IDs to verify age because they do not want to have their liquor license taken away because they get caught serving liquor to a minor... so they have a zero tolerance policy and they are not very nice about it when they find someone in their establishment who is under aged.  They can lose a lot of money if they lose their license.

O.k.

I understand that each of us have our proclivities for generousity, or not, but that sounds financially ridiculous for normal people.

I am presuming that you and I have similar quantities of bitcoin, and it seems ridiculous to me to give away gifts that are valued at about 40x more than they were two years ago and three years ago - merely because it is your tradition to give away the unit value of bitcoin, but bitcoin is measured in terms of dollars - and 40x just seems too outrageous.

hahahahahahaha...

I like that one.

Seems quite a bit premature for MasterLuc to assert that the "patient does not look too well short term", no?

We only recently broke above $10k, and pretty much went straight to $19.6k.  Yeah, after breaching $10k, there was nearly an immediate 27% correction from $11,350 to $9k, but the BTC price going from $10k to $19.6k was pretty fast.

It seems that we are also experiencing a pretty decent BTC price battle, now, with decently high trade volume.  

Sure MasterLuc is correct that the BTC price could resolve either UP or DOWN, yet since we have been in a bull market for more than two years, since about $250, and there is nothing meaningful really driving this price in the downward direction, besides regular corrections that attempt to allow buying support to catch up to current prices, still seems that from here the odds for an upwards price resolution are a bit stronger than the odds for a downward resolution.

Fair enough.

Sounds like you were not able to resolve the matter and to provide them with whatever information that they felt necessary to feel comfortable with you as a customer - whether that was KYC or AML issues, or something else.  I am sure that they provided an explanation to you, and you can already see that you went beyond some of their terms of service, no?

I am not any kind of defender of Coinbase because they piss me off in various ways in terms of their seeming involvement in bitcoin politics - yet they have legitimate business reasons to screen out customers who have potential problems and potential holes in their story, whether those holes are with KYC or AML. 

It is best that if you are using these kinds of services, don't engage in behavior that is going to raise those kinds of red flags for them.  Further, they are not stealing your money because they are giving you are reasonable amount of time to withdraw your value from your account and send it wherever you would like.

Four years ago there were less than 10 significant exchanges, but these days there are close to two hundred, so you have many options.  Further, there could be a way that in the future, you either clean up your act or perhaps you are going to be able to open another account with them.

I doubt that the term "ban" is correct; however, they seem to have lock that account based on what seems to them to be activities that go beyond their terms of service... Even if bitcoin were $13k, it would be $260k to transfer 20BTC, and doesn't the guy have a $100k daily limit?  Surely,  there may be a way to unlock the account with an explanation which had been done here, in this thread. 

I have had accounts and/or transactions locked when they raised red flags, and sometimes it can be irritating and take a bit of time to resolve, and sometimes it can be resolved quickly.

And, yeah, in the good ole days, 20btc did not add up to very much money, and even 200 btc may have been transferred without problems, but times have changed, both in terms of the value of BTC, but also the seeming scrutiny that Coinbase is receiving and perhaps Coinbase is going a bit above and beyond what they are required to do in order to attempt to stay ahead of the game, to some extent, with the help of algorithms, too.

What the fuck?


Why we need a limit?  I think we should petition for a few changes to bitcoin in order to remove any kind of blocksize limit, and then we can call bitcoin, bitcoin unlimited... right?




Wait...... something sounds funny about what I am saying.....   hm?

That second part is not true.

I take Roger at his word that he is using Bcash, especially to provide demonstrations about how great Bcash is.  Jihan is using Bcash, along with forcing anyone purchasing miners from him to do so through Bcash, there are also people moving Bcash to sell it, and there are also probably a few retards that actually believe bcash is bitcoin 2.0 who are buying it....

hahahahaha.

O.k... I 'm quibbling.  I'm quibbling.

Tldr.. roger is not nobody... you better give some respect.   



Exactly.  1) why "fix" something that is not broken, 2) the stupid-ass suggested fix is likely to make matters worse, 3) bitcoin has a lot of uses cases already, and 4) developments such as lightning network are being worked on and tested and likely to be adopted and implemented more and more and more, and resolve a lot of the temporary issues that are supposedly causing BIG blocker nutjobs to get their panties in a twist...   

By the way, the BIG blocker nutjobs really don't give a ratt's ass about fixing bitcoin, they merely want to change its governance, make it more easy to change and some other bullshit nonsense that would pretty much destroy the various current value propositions of bitcoin.  Making bitcoin difficult to change is a feature and not a bug, because we don't want stupid ass astroturfs coming in and acting like they are changing bitcoin to make it better, when bitcoin is not broke.  Those misinformation spreading fucktards.   

Another Bcash pumper.  You want to distort whatever I say in order to pump your stupid ass coin as if it were the real bitcoin?   Get the fuck out of here.


Good luck with my what?  I am just recognizing what is and working with it.  You think that I am trying to sell something?  This is a fucking bitcoin thread, not a bcash thread, so I don't know what the fuck purpose you have coming in to bash bitcoin and to suggest that your attack vector is the real bitcoin?


Do whatever the fuck you want, but if you are disinvesting in bitcoin, then probably those discussions would be pertinent somewhere else, rather than joining in on the support of the whining of bayareacoins and other bcash pumpers in this thread.


Oh, you got the memo that it is going to be called "cashening" rather than "flippening" for all those who feel that they missed out on bitcoin, they can perhaps attempt to get on the bcash ship in order to attempt to be there for bitcoin 2.0... ... yeah right.   

Bitcoin is not broken, and things are being done, such as building on segwit.  Oh, you deleted that part out of your response to fabiorem..    because you just want to perpetuate a presumption that bitcoin is supposedly broken.   

Does not seem like it to me.  Seems like you are complaining because bitcoin is not working for a particular use that you wished that it worked for...

Too bad, and so sad.  Move on.  Either find something else to work for that purpose or work towards fixing bitcoin to work for that purpose.

I don't know what good it does for your to come here and complain about something that everyone concedes is a current issue... that seems to be high fees... So fucking what.  We all know it - even though you seem to want to come to additional conclusions or false attributions about causes.  Get a grip.   



Now, "people like me" are causing your inability to figure out how to cope in life and your tendency to complain and to exaggerate and to falsely attribute?




I am merely responding to your non-coherent nonsense.

You are the one complaining about bitcoin being broken, not me.  I am happy with bitcoin.  Sure, there are things that I would like improved, but I am willing to wait because bitcoin is serving me quite well for a large number of purposes. 

You seem to want to force bitcoin into a purpose that is not currently working too well, and have you ever heard of cash or credit cards to buy your stupid ass candy bars?



Get the fuck out of here.

We do not need to worry about "our investments" because each of us should be able to figure out his/her allocations according to his/her views, finances, timeline, risk tolerance, etc.  There is no fucking reason for you to attempt to impose an "our" in regards to your own inability to figure out how to allocate your own investments... or wishes or whatever the fuck it is that you seem to be wanting to achieve with your ongoing complaining that bitcoin is not working for you personally.


Speak for yourself.  My investment into bitcoin is doing quite well. It is performing about 3-4X beyond my most bullish expectations for this particular time line.. doing quite well in a number of ways in spite of a large number of seemingly ongoing rogue actor attacks.




Sure.... there are some folks who hold all of their investment on Coinbase or some other similar service(s)... So fucking what?  People can chose, and if they chose badly, then what the fuck white knighting are you wanting to achieve here?  Are you in this thread to warn the Coinbase only users?  Even in this thread, I think we have a bit more sophisticated user-base, even though there may be a decent percentage that fall into a kind of "coinbase only" camp like you suggest... but so what?  What does that have to do with the price of tea in china?  or even matters quasi-relevant in this particular discussion, which now seems to be delving into whether bitcoin has value or any use cases beyond speculation or storage of value?


Surely, you have not been coming off as very "happy" in recent days with you ongoing and persistent bombardment in this thread with negative nonsense that seems to be exaggerating and focusing on a seemingly temporary situation as if it were permanent and seemingly want to shill to drive bitcoin's price down because you are "concerned" that bitcoin is not "living up to its true potential" blah blah blah blah... 




If you want to buy candy bars with your bitcoins in these times, then you deserve to be robbed.




Get the fuck out of here with your bcash pumping, and your attempt to suggest that bcash is superior to bitcoin...

Yeah, show your true colors, and you could give a ratt's ass about bitcoin, you just want to come to this thread and to pump some stupid ass alt/attacker coin as if it were to true bitcoin, when a vast majority of peeps already understand that bcash is a fucking fraud... but yeah, you want to pump it anyhow, which makes you among the fraudsters who are engaged in such, so why don't you get your ass back over to r/btc, instead of coming in here to shill your nonsense, while acting as if you have some kind of genuine concern about bitcoin being broken.. blah blah blah.

In other words, you are appealing to authority and not really saying anything, and therefore, you have to rely on what was said somewhere else because you cannot express anything specifically applicable to today and now, except whining and wishing that the "ought" were the "is." 

Yes, a lot of us wish a lot of things, but practical people deal with the "is", and even if they aspire to the "ought" they recognize that the "is" and the "ought" are two different things, and it they want to attempt to cause the "ought" they work towards that direction, rather than continuously whining that the "is" is not the same as the "ought."

Don't be trying to act as if you are some kind of enlightened one and you are appealing to Satoshi's original vision with your attempts to impose your own values about what bitcoin should be.  Bitcoin has evolved into something that you seem to not like, and it is being worked on.  If you do not like bitcoin, find some other thing to invest in.  I am not sure about what your supposed point is to come into this thread and to spout off patronizing nonsense, as if you supposedly know something that others here do not.

You are merely a party pooper and a negative nancy, who  focuses on some narrow construct attempting to impose your values onto other people and seemingly out of touch, for that matter, too.

The problem is that either you are retarded or you are merely playing dumb on purpose in order to play the WO troller/corporate shill/bitcoin denigration game.


In order to have value and a variety of use cases, Bitcoin does not need to be used to buy candy bars at this time, as you are wanting to argue such nonsense in order to attempt to suggest that bitcoin has to be a one stop shopping for every fucking single purpose in order to have value.  Seems quite likely that in the future bitcoin will have increasing use cases, but not necessarily covering all payment methodologies at this time, you fucking nut job.

The point is that there are a lot of use cases for bitcoin - even currently, and some use cases are likely removed when transaction fees go up from less than a $1 to $50 or some variance.  Some of the use cases disappear temporarily, and sure it is possible that some of those might even have disappeared permanently.  We do not know yet because we do not know the future; however, we do know that bitcoin continues to be developed, various other cryptos continue to be developed, and surely amongst various cryptos there may be some praticality to buy a candy bar with one or more of them - if not I don't mind using cash, or a credit card or some kind of debit card for such a purchase, if I were to feel inclined to buy crap like that - which is not good for your health, by the way.  

If you want someone banned, then you report to administrators with the "report button"; however, infofront does not have the power to ban, but he can delete posts.  If you want posts deleted, then you can pm infofront and make such request and to link the violating post(s) in order to provide rationale for infofront. 

Of course there is surely a pattern of behavior, here, in which Roach has about 10 pages of too many posts, and nearly pure clutter of largely irrelevancies and distractions.

You seem a little sensitive, if you cannot take a little criticism regarding your seeming series of pro-roach (recall a troll?) statements.       

Why don't you suck roach's dick too?       Spouting off Roach's trolling talking points as if any of them were "insightful" or relevant to this thread (except to the extent that such relevance could show that PMs are old school and likely to be largely surpassed and surplanted by the many advantages of crypto currencies - especially the one that matters, our little friend, bitcoin).  

Certainly, I am not saying that.  I am saying that BTC performance is 3x to 4x beyond my earlier relatively bullish expectations, and I said that there is still decently high probabilities for up.

I am personally prepared for either price direction, but I just think that the odds are a bit against down, at this time, but no way am I putting any kind of "expected" quantity on the up, because I consider any up or additional UP to be icing on a very tasty cake that we already have and a very likely scenario that not only the cake is going to continue to be tasty, but could become even more tasty - and that is no way expecting any kind of 2x or whatever.. even though I certainly would not be complaining if another 2x were to occur, which also has decent odds, so it seems at the current moment...

TLDR:  what I am saying having good odds of something happening is not the same as expecting that same thing to happen or some variant of that same thing.

Blockstream.com is not bitcoin, you fucking nutjob!!!!