To send your coins from Coinbase to Trezor, just send them to your Trezor address. I don't see where the problem here is. The fees will be whatever Coinbase is charging + I guess depending on the state of the mempool (if it's being flooded by Roger Ver and Bitmain or not, in the past hours it was it's pretty cheap to send transactions. You can see it here live: https://tradeblock.com/bitcoin/The best wallet is always a full node (Bitcoin Core node at: www.bitcoin.org) If you don't want to download the blockchain, get Electrum. |
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The difference is Bitcoin is not abusing children like Gold extraction companies do for mining. Bitcoin doesn't use the poverty for its own benefits. There are thousands and thousands of children who don't have access to an education system because it is more important to make cents daily for their family instead of going to school... Even if the school is free. You won't see a 10 years old kids trying to set miners in a farm mining.
Wanna talk about ecology? Because mining gold is one of one the most polluting industries where the Mercure is used at an industrial level and thrown into the rivers without shame. Yes, you will say Bitcoin use a lot of electricity and this and that. Bitcoin uses the energy of a city with 250k-500k citizens perhaps, which is very very less than the traditional banking system, or let says less than what use Visa/Mastercard together
Good points too. There's a lot of exploited people in gold mines getting slavery tier wages to risk their lifes. Also the terraforming required for gold extraction is brutal on the environment, they have to dig some massive wholes with huge machines, the damage takes ages to heal. PoW is no that bad compared to gold mining. Nobody is getting exploited in PoW. As an employee of Bitmain, apparently all they have to do is keep everything in check, you can play videogames and browse the internet and go out for a while too. Im sure the wages are shit tho, but definitely better than being in a gold mine. You would need to deal with the annoying fan noises, but you aren't at constant risk of being collapsed by tons of dirt. Honestly mining gold should be banned. For how long are they going to keep perforating the earth in search of more and more gold? And what about oil? they are also damaging entire seas because of this bullshit. It's time to replace gold with bitcoin, and it's time to replace oil with cleaner energy sources. We don't need gold anymore as a store of value. Bitcoin does the job way better, doing things gold could never do, and without the downsides of environmental damage. |
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Hong Kong regulators have now issued a warning about ICO's: http://www.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=17PR117As digital tokens involved in ICOs are transacted or held on an anonymous basis, by their nature they pose inherent and significant money laundering and terrorist financing risks. The SFC reminded licensed corporations and associated entities in its 16 Jan 2014 circular7 to take all reasonable measures to ensure that proper safeguards exist to mitigate these risks. Investors should also be mindful of the potential risks involved in ICOs and investment arrangements involving digital tokens. As these arrangements and the parties involved operate online and may not be regulated, investors may be exposed to heightened risks of fraud. This feels co-ordinated. First China bans them. Then South Korea says it is thinking of banning them. Now Hong Kong issues a warning about them. I wonder if Hong Kong is taking a pot shot at bitfinex? Well, I don't believe in coincidences to be honest. I think it has to be something coordinated, or probably everyone was considering banning ICOs and they were just waiting for someone else to do it first to see how the market would react. Now that they have seen that idiots sell bitcoin too even if it has nothing to do with bitcoin, we are going to see a lot of governments releasing these news of "ICO banned" prior setting shorts on BTC and probably a couple big volume alts, profit from it, then watch it go to ATH. You think they're trying to drive the cost of bitcoin down? I would have thought their ire was more towards Ethereum, upon which all these ICOs are built upon. They know that people tend to panic sell whenever crypto related ban news rise, even if they have nothing to do with Bitcoin. Crypto is still a very new phenomenon, so there are a lot of people in Bitcoin that are panic sellers and prone to panic sell to such news, as demonstrated. And also as expected, BTC hit the double bottom at $4000 and has now rebounded to $4600. The panic sellers that were expecting $3000 got smoked, shorters got annihilated. Holders win another day. |
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Hong Kong regulators have now issued a warning about ICO's: http://www.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=17PR117As digital tokens involved in ICOs are transacted or held on an anonymous basis, by their nature they pose inherent and significant money laundering and terrorist financing risks. The SFC reminded licensed corporations and associated entities in its 16 Jan 2014 circular7 to take all reasonable measures to ensure that proper safeguards exist to mitigate these risks. Investors should also be mindful of the potential risks involved in ICOs and investment arrangements involving digital tokens. As these arrangements and the parties involved operate online and may not be regulated, investors may be exposed to heightened risks of fraud. This feels co-ordinated. First China bans them. Then South Korea says it is thinking of banning them. Now Hong Kong issues a warning about them. I wonder if Hong Kong is taking a pot shot at bitfinex? Well, I don't believe in coincidences to be honest. I think it has to be something coordinated, or probably everyone was considering banning ICOs and they were just waiting for someone else to do it first to see how the market would react. Now that they have seen that idiots sell bitcoin too even if it has nothing to do with bitcoin, we are going to see a lot of governments releasing these news of "ICO banned" prior setting shorts on BTC and probably a couple big volume alts, profit from it, then watch it go to ATH. |
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Well it's really only China. ICOs are still legal basically anywhere else in the world.
But yeah, this move from the Chinese government has significantly undermined the current pump. Price was almost at $5000 before the correction came that brought it down to around $4700, and when the news came out again the price went down to sub-$4000 territory.
Though price seems to be rebounding back and i think that this is going to be the start of another bull wave - albeit the new regulations. Even though this brought crypto investors nothing but bad news, it actually helped bitcoin get out of a pretty big bubble that was just waiting to be popped.
Some people tend to forget that Bitcoin is a global market, unlike Forex and the rest of the markets. For this reason, it needs a good 48 hours post-news in order for market participants to make their decisions about what they are going to do. I predict that somewhere mid week or friday as of late, the correction will end and we'll see a clear recovery marching back towards new all time highs, this time to kill the damn $5000 psychological barrier. So let's give the market a couple of days to absorb the news and realize the fact that these news are irrelevant to Bitcoin, and there's no reason to sell at all. |
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Cryptocurrency is representing a dream...a dream when we can get away from the control, power and influence of the government most especially with finance and economy. This includes minimizing the control of central banking on matter on matters of policies and economic direction.
However, correct me if I am wrong, the battle has not yet started and it looks we the many Bitcoin or crypto enthusiasts are on the losing side. We have just witnessed how a single pronouncement or a news can drastically affect the value of the Bitcoin market.
Now, what would happen if many of the big governments would one day declare Bitcoin to be illegal? Will it mean that realistically it is the government who is winning in this battle? Or is there really a battle in the first place?
Tell me your convictions and dreams regarding Bitcoin.
Governments can't make Bitcoin illegal, because they know in the long term Bitcoin would survive that too. So think about it, you are the government, declare Bitcoin illegal, the price crashes, but a year or two later it's going back up. What can you do or say anymore after that? Nothing, you already dealt your final card. This is why governments can't go all in against BTC, because if it survives (and it would) after that move, they can't no longer scare investors away. They will keep regulating exchanges, ICOs and all that, but they can't do nothing against Bitcoin itself. |
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Greetings; how would one gauge the likelihood or probability that BTC will see a correction at a certain price? my concern is that if many people believe it could happen that would influence it happening.
Every time you see round numbers, those number are going to become a barrier, the barrier is mostly psychological, since people prefer to use round numbers when making calculations because it is easier, so when bitcoin touches a number like 5000 many people create sell orders, suddenly there are many sell orders and the supply is bigger than the demand and that makes the price to go down. Yes round numbers can be a big barrier. 4000 wasn't that hard to crack. But 5000 is the half of 10.000 and therefore much more of psychological significance! I'm sure we will go there soon. Then it will be very interesting to watch if we can break it or need some more attempts. And if they all fail, how much will go down? Especially with the planned november B2X hardfok. We're going to see some pretty exciting weeks. Jeff Garzik and everyone involved in the so called New York Agreement along with every exchange supporting segwit2X hardfork will be the ones to blame in case of a big price crash in the next couple of months. Bitcoin Core is about to release a major new release, Bitcoin Core 0.15, which includes 50% increase of speed amongst a lot of other cool features. Meanwhile segwit2x's client is still stuck with old Bitcoin Core, same goes for Bitcoin Cash. They simply can't keep up with the best dev team in Bitcoin. Remember to put [no2x] in your Twitter nickname to show support against segwit2x. |
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Very interesting. I look forward to the translation. Is it painting all ICOs with a broad brush -- are all ICOs considered to be illegal? Or just some, like the SEC suggested for Americans? Anybody have any idea how big the Chinese market is for the ICO sector, and whether this will curb Chinese investment? Or will people just ignore the regulatory guidance and/or use VPN to get around any restrictions placed by ICO administrators? Everyone that wants to invest will still find a way to invest, there are an endless sea of VPNs now to bypass stupid bans. Also when it comes to regulation, China seems to be too stupid to realize how by doing this they may be losing on the next legit coin that challenges Bitcoin and may be funded thought an ICO. They are stopping innovation. I understand that people that aren't knowledgeable should be protected from scammers, but not at the cost of killing all possible innovation founded through an ICO. ICO doesn't mean guaranteed scam, so I hope this ban doesn't mean a ban of all ICOs, but some ICOs. |
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Market always over-react whenever negative news us coming from China. Why?
Probably insider trading fueling weak hands into panic selling to profit from shorting. The price will quickly go back up once these rounds of money are over. The BTC market is obviously over reacting to the ICO news, since it's irrelevant to Bitcoin, but some people forget the fact that the most important thing to keep in mind is that Bitcoin has a market cap of around $78 billion. Nearly half of Visa. That is incredible. Bitcoin is the symbol paving the way for the crypto community, and for new tech. With that in mind, it would be foolish not to realize bull markets and to assume best markets won't follow suit thereafter. Corrections are healthy, and corrections are needed so it does not become hyperinflated. |
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Hi, I wanted to say that it's strange how I only have 19 posts when im sure I counted 20 yesterday... I think a thread I posted at got deleted for some reason, so please do not remove me from the campaign because of 1 post that got deleted, I dont have control over what threads get deleted.
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No, they aren't less secure. I have been using core, but at some point it became a pain to use. Even if I remembered to turn it on once a day it needed 10 min to synchronize before I was able to send a transaction, but it gets better. One time my PC froze and I had to reset it and the whole database of core got corrupt and it took days to download. No more! Electrum is much better.
I believe you can't say lightweight wallets (probably he means SPV wallets) are as safe as full node clients. With a lightweight wallet, you are ultimately trusting that the SPV servers are legit and not connecting to some sort of compromising third party spying on your transactions and whatnot. With a full node, you are protected against any of that because you do do the validation yourself, which is what you want to do and the whole point of crypto (which is why big blocks are stupid btw) Other than that, it depends on how safe you can keep your computer. |
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Greetings; how would one gauge the likelihood or probability that BTC will see a correction at a certain price? my concern is that if many people believe it could happen that would influence it happening.
The correction is ongoing. I saw the Tone Vays market analysis and he nailed the top at around $4950, now he thinks he will not go lower than $4000, and that after this correction is over, we will go to an ATH, definitely breaking through $5000, so after that psychological barrier is beaten, I expect the bull market to continue for weeks through September. There are no real signs of the bull market stopping, unless a ton of hardfork FUD starts to become spread all over the net. |
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Last few hours ago the bitcoin price already reached 5k dollars but it will fall down again and the price as of now is 4600 dollars but I hope it will back again to the price of 5k dollars so we can make a lot of profit. The chances bitcoin price reach or hit 10k before end of this year is 50 50 because we need to get more higher 5k before goes to the next target. But now we wait the price back again 5k and next is 10k.
We have seen the 5K line today, but it triggered a downfall movement. So that is were the resistence is for the moment. I think we will need some time to break that level because the same mechanisms that activated the correction today will do the same next time. It needs a little bit more support from the buyers next time to stay above the 5K level. Maybe weekend is just the wrong time for such an attempt. Very, very predictable stuff. If i was a trader and not a hardcore hodler as I am, I would have sold at $4900 ish, because I knew that the psychological factor of a panic sell was too strong, specially at $5000. Realize that, after we cross $5000, we will be nearer $10000 than $0. Once we cross $5000, for that reason, I predict an easy uptrend to $7500, with a final massive bull run to $10000+ if we can get rid of Jeff Garzik and his segwit2x abomination. |
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Gosh,,, why do I keep on missing out on fantastic news like this,,, first this coin and next that alt. Is stratis really a good buy now at $7 though? I see it has fallen as low as $2 but I guess if we hope it can reach ATH again then that is at least 50% profit. Maybe I'll buy 10 coins first and hold.
I don't care about the dollar, I just want to make more BTC in my trades, and for some reason Strat graph shows how BTC and dollar graph are no longer following each other: https://coinmarketcap.com/currencies/stratis/As you see there is a big gap in the green graph compared to the orange graph. Hopefully they align each other again. I was considering STRAT but didn't get in because of the NEO hype, but I think something bad happened with NEO recently that made it crash so STRAT may pick up traction again. I can't remember exactly what happened with NEO, can't keep up with so many alts. I think some big partners dropped or China regulated it or something. |
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monroe is not traceable but bitcoin is. some companies use bitcoin tracing as business model.
The guy that is developing segwit2x has a company that spies on people's transactions and im sure it's working with governments, google Jeff Garzik bloq and you will find out the information. Needless to ask: would you put in charge of Bitcoin a guy that is working in blockchain spying stuff? This is a path to destruction, which is another reason why segwit2x must and will fail. If we want Bitcoin to stay sovereign, we can't let these people become the devs of the main implementation, otherwise sooner or later they will put KYC stuff at protocol level and it will be too late to revert it because all miners will be bribed with big gov money to support it. |
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I don't think the November fork will happen, at least certainly not how the people planning it want it to.
It's hard to say when the crash will come. It doesn't feel like mania yet, but it's building. It's conceivable that the post crash price might settle higher than it is right now depending on how much longer it goes on for.
As for the growth sustaining, it could be argued that growth has been suppressed for many years. First by the Chinese zero fee exchanges that always dumped on every rise, and secondly by the endless scaling crap that's at least partially resolved.
I wouldn't be making any bets on anything at the moment. It's all kind of unprecedented.
F2pool has already rejected the NYC agreement, so about 15% of the hashrate that signed the agreement is no longer supporting it. That makes segwit2x have 75%... still a problem. But there's still time to more current members of the agreement to drop. If we can avoid the segwit2x disaster we can go to 5 figures easily. I think if it drops to 50%, they will not be stupid enough to go through with it anymore. |
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Next six months will definitely belong to Monero. Since all long awaited things will happen and Monero will become as ready for adoption as any Bitcoin clone.
But on the other hand I could say next 2 years will belong to Monero since emission finally started drastically slow down. Monero is becoming scarce. After hardware wallets kick in, there will be only few left on Poloniex. Price will go $1000+
What is supposed to happen in the next six months for Monero, because I don't see anything interesting happening in the pipeline that I know of. Is something big going to happen at a technology level like a big update of sorts that could pump the price? Any improvements in privacy? From what I have noticed from past events, the main reasons Monero, and most, pump, is because they get added in big markets (like Bithumb) which bring a lot of liquidity. In order for a coin to have a solid pump from technology upgrades, said upgrades must be something big (like segwit) and I dont see any segwit-tier improvements being made in Monero that I know off. |
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Ridiculous idea!
This soundsa bit like they wanna make crypto investing an elite thing.
I highly doubt this is going to work out.
The black market and local trading in dark side streets will thrive!
It's funny how how they must qualify if the reasons for the citizens to buy crypto are valid or not, instead of letting your citizens free and take their own financial decisions. Bitcoin is here to finally let common people to have sovereign money, but they want to ostradize it into an elite of what they qualify as "qualified investors" which could be anything. It's also reminiscent of when the internet fist came out, they wanted to limit it to "people that needed it" like the army and so on. These goons will never learn from past failures. Bitcoin will win. |
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You would need a big field full of panels in a constantly sunny place in order to compete as an individual miner, it's probably not worth it compared to filling that same field with ASIC machines.
I believe in a future where everyone has sonal panels and everyone acts as a miner, then that would make a difference. If you count millions of solar panels together, that would be a pretty big amount of hashrate that could meet in a pool and challenge the ASIC monopoly, but that will need bitcoin to be mainstream.
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