The current downward swings will always be bad because people are investing with the idea that they will get 1000% gains in a short amount of time. Weak hands everywhere.

Nobody will spam attack Bcash because nobody cares enough about that alt coin to try to replace it with their own forked version.

Most were likely Ethereum folks just hoping to divide and conquer.

Until Rootstock and Tezos push them out of the picture.

I actually prefer this fad of bcash trolls over the doge trolls of yesteryear. Seriously, the doge phase of crypto was so annoying.

Like satellites.

Bitfinex allows exchange of Bcash with no withdrawal limits of BTC.

Don't keep anything on there too long though.

The mandate was why I left the US.

Now it can be a possibility of returning...not likely though.

Welp, it looks like Bcash is the clear winner.

Can anyone tell me the steps I will need to take to set up a Bcash Lightning Network node? Is their testnet setup for this yet?

Just a quick note about Bitfinex that doesn't give me the fuzziest of feelings.

I pulled off about a quarter of my holdings on Monday. That day they sent out a message to everyone about how US residents using their service were in violation of their terms of service (I thought it was just to me which made me feel a bit uneasy as I was waiting for the withdrawal to be approved).

Yesterday I submitted the withdrawal for the remainder of my bitcoins. They did some checking on my account because they responded to a past e-mail I sent asking if US citizens that were not residents were in violation of their terms of service (they assured me I was not). The e-mail was saying that they wanted me to set up 2FA (I assume to verify what my residency is). Such digging into my account should not need to happen for a simple withdrawal of bitcoin.

Ya...big announcement. I tend to post my thoughts on current price all the time in the Wall Observer Thread.

Those were my thoughts. I closed the short based on what I thought of the price. I've been wanting to close it for a while since the price can pretty much go down to $2k at this point and I still won't have to worry about my retirement so I'm pretty much locked anyway. The ease which we went from $17k to push over $20k showed that it's not a barrier.

Definitely don't ever trade based on any of my posts. Half of my posts my tongue is firmly placed in cheek.

Still don't see any reason why 20k would be a barrier since some of the exchanges went over. 15% drop after 1000% gain is just another dip. Same thing happened at $17k.

If you short bitcoin with bitcoin without leverage you basically lock in the current price. I locked in a portion of my bitcoins for retirement this way instead of selling. To sell I would pay capital gains on the sale.

But for people doing this I would advise that you check the tax requirements for short sales, it is likely that you have to close the short before January 30:
http://thismatter.com/money/tax/short-sales-taxation.htm

I had a bunch of cash and a lot of shorted coins on Bitfinex (all locked in so I could retire). Killed the short and bought bitcoins so I could transfer it to a US exchange at just over $19k.

Good news is I got everything off of Bitfinex...they seemed to be scrutinizing my withdrawal of bitcoins with e-mails about my US residency (I'm not a US resident) and such. It would seem that an exchange that was completely solvent wouldn't care about someone withdrawing a large amount of bitcoins. They would just process it like all the rest, it's not like my comparatively small amount of bitcoins should affect them.

I think the caveat is that it has to be in a hot wallet, or am I mistaken?

I think a lot of people are thinking the same thing and a huge p2p LN will pop up made up of such individuals.

Is that Rootstock or something new?

My friends be like:

It looks like this will push the price over 20k.

I don't see any reason why we won't blow through the 20s fairly quickly.

This just in?

We've known the US is arming ISIS for years now.

If bitcoins are being used to fund ISIS I might as well just sell it all and give all of the money to the US government.