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That's a really interesting article. For those who haven't clicked through, here are the top ten:
1. BTC
2. NEO
3. ETH
4. BCH
5. SBD
6. STEEM
7. ZEN
8. GBT
9. TESLA
10. USDT
However - some of this might be to do with controversy (there has been loads of discussions about whether USDT/Tether will fail. Some of these might be down to shilling and promotion.
The Steem and Steem Dollars thing is purely because a steem dollar is supposed to be worth $1, but it has been pumped and is now worth $2!
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Bitcoin is behaving like an asset not a currency - so we're always going to measure it in dollars, euros, pounds etc.
A new cryptocurrency might emerge that allows people to use it as a currency, but bitcoin isn't it.
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How many other users have the same issue? Im planning to send them documents to get the enhanced account because basic did not work.
However im not sure they even respond back as i read many enhanced account verifications are not getting replies back?
Loads of people have the same issue. There is a subreddit full of complaints, and instead of bittrex dealing with the complaints, they're trying to close the subreddit down. I would steer clear of bittrex and use another exchange instead. |
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Odd that EUR is so small. The tax situation is much friendlier than the US in most EU states, there are more Europeans, though of course USD is more global, and they're cleverer and more attractive than Americans too.
Spare a thought for us pathetic Brits. We've never really had a proper exchange with smooth banking. £10,000 isn't a million miles away now.
The issue is the faster payments system. The banks are reluctant to deal with crypto exchanges because faster payments makes it easier for the crooks, because faster payments moves money instantly. I guess one way around it is for an exchange to bank with a building society that is not on faster payments but uses the slower BACS system (which takes three days). |
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Now approved that the CME exchange received the approval from the USA regulators, and will start maintaining Bitcoin future market starting at 18 December this year.
How do you think that it is going to impact bitcoin price?
I think that it's going to be tough for bitcoin as it will make shorting it much more easily.
Yes I was just ready an article about it - https://coinblip.com/blog/bitcoin-futures-gets-green-light-price-consolidates/Bankers would love to short it.This. But the CME only allows them to short futures - if the underlying asset (bitcoin) performs well, all that will happen is that the shorters lose money. |
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Russia ia a kleptocracy - the people at the top take a cut of everything. They are probably afraid of bitcoin because it's a way of hiding money from the oligarchs - can't take a cut of money you don't know exists!
Russia is also under pressure because money is fleeing it - if you were Russian, would you keep money in Russia , or would you stash some of it abroad? At present they can't open bank accounts in the west, so bitcoin is the easiest way to get money out.
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He's deleted the tweet now and said 'I didn't want to mislead people so I deleted the tweet'. I'm still curious as to what's to come.
They keep doing this - mysterious tweets to persuade people to buy, and then deleting them. |
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There's no point short trading alts here then. Anyone know a better alternative than Trex other than Polo?
I've been eyeing HitBTC but I don't know if others have had problems with them. At first glance they look decent enough. Hitbtc tend to have most of their wallets disabled, which is frustrating. I think a better solution is to migrate to one of the decentralised exchanges like Openledger: https://openledger.io/welcomeDecentralized exchanges are not as decentralized as many believe, One of the down sides of them is the high paying fees are required, Another down side is the lack of volume and also not supporting every coin, They only could operate with ETH tokens. They lack volume because not many people are using them. It's a chicken and egg situation - until people migrate to them, volume won't pick up, and you are stuck with the centralised exchanges. |
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The returns of the prices are truly remarkable, given that recently banning on bitcoin trading in China. The adaptation were above my expectations wondering that what have been left by China traders where fastly devoured by new investors.
I'm not worried at all, corrections are seemingly fair. I am glad that bitcoin is starting to become widespread.
Some of the Chinese trading was fake. I also think that the Chinese are still buying, but just in person instead. See the following article: https://www.ft.com/content/d576e4e4-c374-11e7-a1d2-6786f39ef675Chinese investors are still trading bitcoin and buying initial coin offerings, suggesting authorities in Beijing are struggling to clamp down on cryptocurrencies just weeks after announcing that public exchanges would be shut down.
Observers feared the closure of Chinese exchanges would lead to a sharp drop in demand for bitcoin, given China has been a key source of demand. Instead, more of the buying and selling of cryptocurrencies has gravitated towards the private over-the-counter market.
“The situation with China’s exchanges has pushed more of its trading over the counter, where there is a fairly robust and liquid market,” said John Riggins, head of Asia operations for BTC Media, a fintech information platform.
Chinese investors are also using mobile messaging platforms to connect, negotiating bilateral trades without the help of an exchange. Many OTC bitcoin transactions originally used WeChat, Tencent’s ubiquitous mobile messaging. However, concern about surveillance has driven many traders to Telegram, an encrypted platform that boasts greater security. |
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It doesn't really matter much how far we'll fall back. Fact is that if we currently would reach the $3000 mark for the first ever time, people would be similarly excited and bullish with how the market performed.
No they won't - they'll be wailing away about how bitcoin has fallen 70%. That's what happened in the last bear market of 2014-2015. Lots of people genuinely thought bitcoin was dead and sold their coins at a loss. |
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Anyone else feel that STEEM is going to be the next MySpace?
SMTs will be huge eventually, but honestly I've been a bit disappointed with STEEM so far... I think a lot of people have, which is why you're seeing the price drop and drop and drop.
I think the price does have A LOT of potential to go up, but STEEM needs to solve some basic basic issuess... like website building 101. The current community is so basic in functionality, that it is hard to see them revolutionizing the world/internet, when they can't build a well functioning website. So that leaves me with mixed feelings....
If they get their act together... we'll go to the moon with Steem. If not, someone else will eventually eat them up.
Who remembers MySpace?
There is already a Russian version called Golos. The only issue with golos is that it is mainly in russian (though it has an english community - see the english tag on the site), and it is only listed on two exchanges. |
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And it says that the price was over $4,300 by the beggining of this year, and it is fake, because it was less than $800 when the year started.
Anyway, it is fine, we are not looking for accurate speculations, because they dont exist, and if someone tells you that they are 100% sure about the price in just a few months, they are lying.
But do you really think that we are going to see a price over 100 thousand dollars? i see it very difficult, who knows if all the big whales are going to sell out at 50k? we can not speculate over that.
if they decide to do so, then the price is obviously going to crash.
It got the trend right. As for the "big whales" - the hedge funds have billions at their disposal and dwarf all the whales. And most hedge funds are kicking themselves this year because they missed the big trade of 2017. |
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Same sad story.
Legacy account, age over 3y. Now daily limit is 0 BTC.
ALL , what do you think, if create ticket to close account, will bittrex let choose where to transfer coins on non-empty wallets without verification or they simply delete your account and take your coins ?
They can delete your account and take your coins. And the claims they need enhanced verification by US law is bullshit - US law deals only with fiat and only with withdrawals of $2000 in fiat or more in one transaction. Having small amounts on an exchange are not a problem. And cryptocurrency is considered to be an asset in the US like stocks. Just as there is no problem in dealing with stocks, there is no problem dealing in cryptocurrency. Bittrex have invented these rules to seize people's coins. |
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I must say I have changed my opinion about BCH. I still don't like it, but I take it more seriously, and I have decided to hold as much BCH or more as I hold BTC, fear of being poor as they say.
Bitcoincash is much more usable that bitcoin (because lower fees and less hoarding). For example archive.org is fundraising at the moment and has received more donations in bitcoincash than bitcoin: https://www.reddit.com/r/btc/comments/7gsigz/archiveorg_donations_btc_vs_bch/(And if you look at the archive page, they've received donations from zcash too). |
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I hope Bgold goes back up, took me too long to claim it and now the price is bad
I don't think it's going to go back up. Unlike bitcoincash, it doesn't really have a community, and most exchanges arn't listing it. |
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cryptopia and bittrex are highly recommended because they have been open long time before new market release
I would avoid bittrex at the moment. They're acting weird (freezing accounts, their verification isn't working, withdrawals not working). The best exchange depends on where you are located. If in Europe try Bitstamp or Kraken (kraken has more alts). If in the US try Gemini, GDAX or Poloniex. |
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Where have you heard this stuff about "7 forks based on BTC in December"? Any links to the news on the web?
It was bitcoin cash, bitcoin gold also, next one is scheduled to be bitcoin diamond, which will probably be this month as many expecting. While first two were ratio 1:1 if you have one BTC you get 1 BCH or BTG, on bitcoin diamond is 1:10 ratio. For one bitcoin you will get 10 bitcoin diamond. Apparently bitcoindiamond is already trading on yobit. I'm not sure other exchanges will bother with it though. |
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The way to not get scammed is don't put your seed keys into any website. I know people are desperate for "free coins" but there isn't anything really free in this world. |
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 Looking at the hourly chart of Bitcoin does not show a breakdown of the up trend but it shows a healthy pullback. By healthy pullback I mean that the volume is also decreasing which signifies that selling is also getting less and less. If you personally look at its daily chart you will see that its up trend is still intact and it does not show any signs that it is on a downtrend. Usually this kind of days or weeks makes emotional traders lose their money as they don't know how to participate in a correction. It might fall to the $8000 support line, and bounce off it a few times, to establish a new base. I know a lot of noobs are panicking, but this is completely normal. It's the end of the month and lots of the hedge fund chaps are taking profits. |
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It's just profit taking. As long as it doesn't go below $7,700, it's good. In fact trading in a range between $8000 and $10,000 would be good because it consolidates that level.
Obviously it's a bit un-nerving for those who bought above $9000, but hold your nerve people. I personally think this has got a way to go before it tops out.
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