Maybe time to stop posting these articles? All you're doing here is that you donate free traffic to a shitty article that shouldn't get any traffic in the first place.

More incentive for people to use that exchange through their phone's web browser rather than their app. 

Most people don't care about any of that with how they buy in low to sell high based on nothing but their own gut feelings. In that case it's perfectly suitable. Robinhood app is mobile too, and it's being used by millions of average joes to trade stocks and whatnot wherever they are. It all comes down to user demand, and there is plenty of that.

The more advanced traders use their mobile phones mainly to manage their positions on the go rather than to actually trade.

That makes no sense. Traders just follow the trend, and the trend has been bearish for quite a long period of time, and it may continue to be like this for a couple of more months.

I get it that people are sick and tired of this bear market, but there is no point blaming a specific group of people for doing something that allows them to make profit. They just utilize the trend that's presented to them, so even if they didn't trade, the market would still tank. Accept the reality.

It really seems that people don't acknowledge the fact that we're going through a bear market. Be happy that you aren't going through a lengthy legacy bear market, because you would be pissed as fuck.

I'm that type of hodler yeah. I gladly buy the market down without being bothered by the overall $$ value of my holdings going down in the short term. I know that it will pay off in the long run, and that's what I focus on here. I know that it may sound cringe worthy considering how many short term traders there are here, but it paid off for me back in 2015/2016 and I'll happily do it again.

From a trader's to mid term investor's perspective everything you said definitely makes sense. Thanks for the time you put into your counter reply.

How doesn't it make sense for long term investors to buy at current levels?

You point out that it's not certain whether we have already bottomed or not. I think what you are referring to are more short term (buy low sell high) investors. In this case there are two options. 1) you wait and risk missing a great buying opportunity. 2) you buy in right now and take the risk of seeing lower lows, but have additional funds aside to buy more on the way down.

This market rhymes, that's undoubtedly true, but it's not something I would want to wait for as being an actual long term investor/believer of the tech. Whether you buy at $3000 or $2000, in the long run it doesn't make much of a difference with how the next bull wave will catapult the price to $100,000 with enough momentum behind it. Heck, even $50,000 isn't all that bad, and the difference between buying at $3000 or $2000 is still negligible.

I'm pretty certain they know way more than we do, but I think the main problem here is that the coins are very likely distributed amongst hundreds of thousands of other addresses, likely belonging to innocent people, so from there it's not really worth the time to dig into it any further.

Back then it was less of a problem to mix coins and have them be sent to exchanges left and right, and we shouldn't forget the BTC-E connection. It may very well be that a lot of BTC-E users have withdrawn these gox coins.

That fat fuck has had plenty of time to work out his theft, and if you combine that with the relative freedom he had back then due to the lack of KYC/AML requirements, a small chunk of these coins are probably sitting in one of your or mine wallets right now.

Yes, there are several exchanges already that have an app in the Play Store, and Binance as one of the more popular exchanges as well.

I honestly don't see much of a problem with the app itself, but do see the mobility factor as a weak spot. People tend to connect to each and every wifi network they can find when they're out and about. Most of the average joes don't know what risks they expose themselves to, and this is how a lot of them end up getting hacked.

There are enough examples of fake wifi hotspots with identical names and everything as the store or food establishment you are spending some time at.

The interesting part is that people don't trust them. It really seems that in order to do their arbitrage trading between exchanges, which seems to be one of the main utilities of stable coins, people are willing to take that risk. On top of that, they don't plan to cash out any of it to fiat anyway, so the risk for them in this case is pretty low.

Most people acquire USDT by buying Bitcoin locally, sell it for USDT on exchanges as Binance, then trade whatever shitcoin, and then later when they are done trading, they go back to Bitcoin. They don't need Bitfinex as exit point, and this is exactly how USDT remains in circulation, which is positive for this market as a whole.

I honestly wouldn't put much thought or hope into that, because insurers are out to do one specific thing, which is making sure that they don't have to cough up any sort of amount, or in the worst case scenario, an amount that's far below that what exchanges are insured for.

We're not talking about a couple of thousand dollars here, but dozens of millions, and in some cases even hundreds of millions. With how one exchange goes bust after the other, I'm not sure how willing insurers are to dig deep into their pockets.

I hope that we're not going to see another hack/scam, but if history repeats, and I strongly believe it will repeat, we'll see how these insured exchanges will respond to that situation.

I'm more inclined to assume that the first option has happened considering how shady the situation as a whole is, but can't completely rule out the second option either. It's easy for us to write something on a forum where we only know what we are allowed to know, so it's going to be a matter of time where I would want the authorities to provide some actual insight.

I was wondering, does anyone know what their BTC cold/hot wallet addresses are? I have been searching for any, but didn't come further than a few sherlock holmes keyboard detectives trying to dig into it on reddit, but this isn't helping either. If they are known, we can at least see for ourselves if one of these scammers still have access to these wallets.

If we're purely focusing on transaction within the country, doesn't matter to what entity, and how often you transact, it's completely free and comes with buyers protection. SEPA transactions don't cost me a penny either, regardless of how many transactions going back and forth.

Transfers to countries outside the SEPA zone will come at a fee that ranges from €5 to €100 depending on the country and the amount. As far as I know, every financial service in the middle will scoop up a chunk of this fee, and there for me isn't any sort of tax involved, unless it's priced in already, which could very well be the case.

This package costs me €2.50 on a monthly basis, which is great value for money if you ask me.

$2500 is an alarming amount? The only alarming thing about this is that it shows how little demand there is to finance these groups with Bitcoin.

It wouldn't even surprise me if hamas itself went first to "donate" in order to make it look like they are collecting funds from external parties. These groups thrive on propaganda and want to make themselves look as big as possible in the media. It's just one big muppet show.

News outlets love these developments, because it allows them to cover a subject that for once isn't focused around the price going up or down.

What negative things are you referring to? Bitcoin is fundamentally much further in every way than it was back in 2015, there are legacy institutions building infrastructure around Bitcoin, and the Lightning Network is exploding and actually experiencing use. Positivity after positivity, yet people are blinded by the bear market they find more interesting than what's happening under the hood.

Ah well, people apparently want to see the price go up in order to believe that Bitcoin is doing well. 

It's very likely to be so with how bots have only the past to fetch data from, and let them be in control of the market right now. If you look at the sideways movement of 2015 you'll see that it did so following the 200 wma, and that support guided the market to higher highs and eventually it broke out.

I'm certain that with the block halving speculation well in advance of the event itself will spark buying interest, and everything around Bakkt and the other institutional services might cause a spark too. Even if people here don't care about Bakkt, it does hold importance for the institutions on board because these developments are what they pay attention to.

I don't expect this to last longer than 6 more months from where we are right now.

It's a horrible event for all involved parties, but as always, every negative event has a good side to it, and that's Bitcoins being taken out of circulation for ever in case this doesn't turn out to be a scam. It really start to look like people are picking up on how these situations aren't a danger for the market, but a blessing with how these coins aren't likely going to be dumped any time soon, and possibly never will be.

Scammers want an easy entry and exit point, and I think that the operator of this exchange has made sure all the gates are open to run off with people's funds. I'm pretty certain that Coinbase CEO has no direct access to any of the cold wallets they have, and that's how an exchange should be operated. No single individual should have access to these funds.

If you don't like a specific site, don't use it. There are plenty of other market cap sites doing things differently, so try that, or start your own site and do it the 'right' way.

People have been hyping up these market cap sites as if they represent any sort of importance in terms of coins being listed in the top 20. These lists are garbage with how shitcoins such as XRP have a giant market cap due to the insane number of tokens in circulation.

I like https://coinmarketbook.cc/ because it ranks coins based on their buy support.

1 - Bitcoin $282 million.
2 - Ethereum $40 million.
3 - EOS $14 million.
4 - XRP $13.5 million.
5 - Litecoin $10 million.

That's a completely different picture. Not saying it's not subject to manipulation, but this at least shows more strength as metric.

Pump and dump. People want to sell the event.

ETF's are bullish by nature. If backed by the underlying asset, they will keep a large chunk of coins off the market if the demand is there. If it's just cash settled garbage, it will not do anything for this market other than taking away actual demand from the asset.

Institutions don't care if they buy the real deal or fake Bitcoins in form of contracts. It's the exposure they are after, because they don't seem to care yet about Gold 2.0 or Bitcoin being censorship resistant money.

It's not as easy as it was years ago to mix coins and get away with it. I'm pretty certain that there will be enough regulatory pressure behind it to have every entity (e.g. exchanges, payment gateways, wallets, etc) accepting these coins be held responsible one way or another, unless they immediately freeze and report the coins and the accounts connected to them.

Mixing looks like a very interesting option in this case, but what mixer will openly accept these coins knowing that they are being given out to people like you and me? It would certainly be reason enough for people to stop using mixers, and all sorts of agencies to dig in a little deeper. It could very well be one of the reasons Bitmixer ended up throwing in the towel.

With less and less places to spend/utilize these coins, there really isn't all that much value left.

I'm not really bothered by that, because it's all related to the individual in the end.

It's partly nerd money for me, because I do like to experiment, especially when it comes to Lightning. Bitcoin being a decentralized store of value (i.e. Gold 2.0) is what got me really hooked. If I have to give it a name, then I would call it freedom money, because no one can take it away from me, it's crazy divisible, and easy to spend. Nothing left for me to wish for.

I would say that things like Ethereum more closely resemble what people see as nerd money, because they are very experimental and programmable.

It will be interesting to see how Fidelity and other legacy institutions offering services as custodian will deal with the situation, and what happens there will eventually be the new norm for existing crypto services to follow. We're at the very beginning of how this space slowly but surely will be trapped in a cage of regulations people won't be going to like.

Exchanges as they are right now are a joke. They do the best they can to ask for all sorts of documents, pictures, etc, and continue to reject them till you give up on the funds. Imagine how many people have gone through that already and gave up on their funds. It's free money for exchanges they otherwise wouldn't have. Another reason to not use unregulated shithole exchanges.