This looks awesome idea. Why before nobody made it?
This looks awesome idea. How long time ago nobody made this?
Your bot screwed up and revealed your 2 accounts. |
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If you have not yet seen this, watch it. If you have, watch it again. Bitcoin vs. Political Power: The Cryptocurrency Revolution - Stefan Molyneux at TNW Conference https://www.youtube.com/watch?v=joITmEr4SjYThis is why Bitcoin has to succeed. Stop worrying about the price and work on helping Bitcoin to succeed. |
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Ok, i´m panichodling  I've been panic buying every deep dip and panic hodling in between since early 2013. It's become an obsession. It's started to interfere with things in my life like mindless consumerism, squandering, poverty, etc. I feel I'm not doing my part to help transnational corporations and name-brand advertisers.All that money I could have spent on trinkets and status symbols dumped into that bottomless pit called a Bitcoin stash. What do I have to show for it? A few dozen QR codes and a tiny little USB dongle? Oh the shame.  Won't somebody please think of the transnational corporations?!? |
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This is the only thread I read here, that's plenty to keep up with. I'm going to have to cruise some of the other ones, after today. I'm sure hilarity ensues.
Don't. The rest of the threads are like this: Signature campaigner: Do you think Bitcoin will be regulated? Someone: <gives a reasonable answer> Signature campaigner: I think it will be regulated. Signature campaigner: I think maybe some country will regulate it. Signature campaigner: Countries regulate some day. Signature campaigner: Regulate Bitcoin think. Signature campaigner: I think maybe some country will regulate it. 20 pages later: Signature campaigner: I think maybe some country will regulate it. ... |
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Taking days off and watching the chart without caring about what your boss thinks of you. Priceless  One can't never be too thankful to Bitcoin! Talking price I've been using Fibonacci retracements since the end of 2016. I would say they are 85% accurate so far. I should have used them to trade and get more coins. But I'm an hodler These prices are nothing... yet. I gave my 2 month notice this week. I can leave any time but I like the people at my company and wanted to give them plenty of time to find a replacement when I leave. I don't do shit at work any more. Today I responded to an e-mail and looked at a problem on one of the systems. That's all I did this week. Feels good to not care about getting fired. |
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Response to me from Bitfinex: Thank you for contacting us.
Provided that you are not resident in the United States, you are free to remain an individual customer of Bitfinex if you so choose.
Yes, we do accept an account from a U.S. business. So if you are a US resident you can always just register as a business and use that for your account. Not being a resident I'm good. I still plan on moving most of my funds off (I'd plan on doing it anyway) but will still leave some income producing margin funding. |
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Yes, but how do you get corruption in that place?? Can you bribe people?? I think Russia could be a more reasonable place! to each their own I prefer a functioning society WITHOUT official corruption, thanks. Laws lead to corruption. Corruption leads to chaos. Chaos leads to…suffering. |
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https://www.bitfinex.com/posts/227October 16, 2017 This message is further to our announcement of August 11, 2017, with respect to terminating our business with U.S. individual customers. As indicated in the announcement, we are terminating trading, deposits, and withdrawal functionality for U.S. individual customers by no later than November 9, 2017. U.S. customers are already barred from receiving financing from other users on Bitfinex’s peer-to-peer financing platform. This restriction will remain and, in addition, U.S. individual customers will no longer be able to provide financing on Bitfinex effective November 9, 2017. All U.S. individual users must make arrangements to withdraw their Digital Tokens by November 9th. U.S. individuals holding Recovery Right Tokens (RRTs), if any, which relate to the exchange of now-defunct BFX tokens to equity in iFinex Inc., may, starting on October 27, 2017, sell all of their RRTs on the exchange, if they so elect. This is an exception to the general terms of use for RRTs. U.S. individuals are not permitted to buy RRTs during this time period. All terms and conditions relating to the sale of any RRTs remain in full force and effect and are deemed to apply to the sale of any RRTs by U.S. individuals or otherwise. Any RRTs remaining in the hands of U.S. individual verified customers after the November 9th deadline may be sold through Bitfinex on an OTC basis through special arrangement with us. WOW!!!!! I initially thought that Bitfinex were going to restrict USA customers from fiat bank encounters and a few other asset trading restrictions - yet this announcement appears to be a complete severance of USA customers from any kind of service on their platform... ... seemingly too much liability for Bitfinex to have USA exposure... would be a prudent move for them, but gonna screw around a lot of USA folks who are currently using their platform.. and had wanted access to some of that Hong Kong based market (arbitrage or whatever). Get your coins off exchanges JJG. Stop playing with fire. Hahahahaha.. Thanks for your concern... I understand that you are more exchange averse than me... I am not going to get my coins off of all exchanges, but surely I got to work towards setting up a plan to remove all of my coins from bitfinex in the next 3.5 weeks... and they had been my go to exchange for alt coins, so currently I gotta figure out what to do with the BCH, ETH, ETC, LTC, Monero and dollars that I hold on their platform.. whether to liquidate all of it or just move it to wallets? Surely I cannot move the dollars - so I gotta probably buy bitcoin or some other alt with the dollars before I move it. Most likely I will buy bitcoin because I don't feel too comfortable having my value in alts... and if I get stuck, I would rather be stuck mostly in bitcoin than some of those other ones. Ya, Bitfinex was my go-to exchange due to being able to margin fund. I've made over $25k just in interest off of a small portion of money I cashed out this summer (though had I kept it in BTC it would be a lot more). I was hoping that income would be what I would live off of when I retire...the returns via margin funding averaged around 20-30% APY. The wording is U.S. individual customers. I wonder if it means U.S. residents or U.S. citizens. I know the SEC sees the two differently which is likely their main concern. I already cashed out on that platform but I'd have to convert to BTC then convert back to USD on a US exchange, I hope the IRS doesn't treat that as capital gains twice. I'd keep it in BTC but the deed is done and I'll be paying my extortion money to the war lords anyway so I may as well have it in something that I can make some safe investments. I suspect though that many US customers will need to cash out their USD to BTC to get it off platform as well...could push the price up quite a bit. It's a shame, at my current funding rate I'm getting a 115% yearly interest (due to the price jump). Try to get any returns like that on any other investment (outside of the crypto-world  ). |
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So.. take loan then bail with the tools offered by that legal system of that per said country ?? .. CooL!!! Meanwhile in BTC troLaLaLand... :
 Yep, that's they way you do it. Don't worry; the banks will make it up by loaning more of their proof of debt currency to poor sheeple who actually think they are morally obligated to pay their debts. https://www.youtube.com/watch?v=lAD6Obi7CagTor browser said that video is illegal in my country. "This video contains content from UMG, who has blocked it in your country on copyright grounds." |
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When the really big money wants to enter they definitely try to slam the price down as hard as they can and make everybody shit their pants.
'splan'a'me'this - If 'the really big money' has no Bitcoin, how are they going to 'slam the price down'? Hmm? They buy a lot first, but slowly. Then they throw it on the market in a very quick fashion. Wham ! This. They will slowly push the price up over $100k/BTC. Then BAM! drop the price down to below $10k. |
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Down $200 today, has the Bitcoin experiment failed?
Time to go buy some JP Morgans.
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Hodler designed controversial currency. |
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I have mixed feelings about the rise. I locked in my retirement at a lower price. So now I'm not "as rich" as I could be. Best to stop thinking about the "what ifs" and just be happy. Strange feeling though.
Taking your original investment out or some profit off the top is never a bad thing. That's smart. But going all out 100%? Man Elwar, you gotta realize that if Bitcoin can go to $5400/btc and 99.9% of the population still hasn't bought any yet, then surely you know it'll hit $20K or $50K one day in the future? You gotta keep some in, dude. If you don't then you might be regretting it years down the road. Oh no...not 100%. Maybe half. |
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I have mixed feelings about the rise. I locked in my retirement at a lower price. So now I'm not "as rich" as I could be. Best to stop thinking about the "what ifs" and just be happy. Strange feeling though.
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I'm sure there is a better spot for this question, but this is really the only thread (because it's the best) that I follow.
Can anyone recommend better exchange options for someone based in the U.S. than Coinbase as it relates to fees?
They are charging $200 to buy and $200 to sell a full BTC right now. Is that normal? 4% vigorish seems awful high.
itBit is also good if you want to trade large amounts ($5k+) |
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It's 2017, Jay. Why are you still using Localbitcoins?
What’s wrong with LocalBitcoins? On the rare occasion that I’ve sold some of my stash I’ve sold there. Never had a problem with them as long as you sell to somebody with multiple 100% positive feedback. Multiple 100% feedback says nothing. Or are you under the assumption that that guy who lost his 85 coins transacted with someone with zip or negative feedback? It was a zero feedback person. Almost everyone that bought from me in Germany had no feedback because Germany did all of us sellers a favor and banned localbitcoins from Germany. All that did was locked in all of our ads which gave me a monopoly listing (2 listings, one making 10% and one making 15%) in my area and people could only connect to the site via VPN. 100% of my sales were with people buying on localbitcoins for the first time, I enjoyed helping to introduce Germans to Bitcoin and usually gave them some advice on how to take care of their BTC and some good places to spend them. I had done 15k transactions before so this was not too big of a stretch. I was actually not going to go to that final sale but it was my 100% rating with over 100 transactions that I didn't want to screw up in case I wanted to sell again in another place. |
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I don't know if there is any exact solution, Elwar. Losing 85 bitcoins in one shot is a pretty big deal, and I have suffered some similar losses - but mine was through forced phone porting and simultaneously gaining access to two of my main e-mail accounts.
Well, it wasn't so much a hack as it was the old school way of a professional pick pocket and a crime syndicate targeting me with a team of people. I too was about to shut down my localbtc account due to some shady people starting to show up (up until then it had been just typical German dudes that wanted to get into Bitcoin). They sent a couple of young guys first to feel me out. I would meet at the local McDonalds and sell coins there in a location directly across from a police station where I parked my car. Then the big boss and his lackey showed up a few weeks later asking for big money. We did a quick 5k euro trade that went fine and he asked if I could do 50k euro. I told him that was too much but could do lower. Eventually I decided I was going to shut down my localbtc account and I would just sell 30k/85BTC (enough to live on for the 2 more years I planned on living in Germany) worth to him. He sent his lackey, there was a shady dude standing outside of McDonalds when I went in (didn't pay much attention to it then), as we were doing our trade I verified the currency wasn't fake, I transferred the BTC and put the money in my pocket ready to walk out to my car. I shook the guy's hand and as I went to walk toward the door he stood up to put his coat on asking me to hold his bag while he put it on. I obliged taking my hand out of my pocket while I did so, at that moment another guy came up behind me and switched the envelope of euros from my pocket with an envelope of counterfeit euros. Immediately after handing the bag back to the guy I put my hand back in my pocket and walked out confident that I was holding the money. It wasn't until I got home that I noticed that the money was fake. I went back to the McDonalds to see their video footage, they just had a grainy picture that couldn't identify the guys but showed the guy reaching into my pocket. I knew the police couldn't/wouldn't do anything about it, I tried calling a private investigator but they just told me to call the police. I didn't feel like turning my life into being a victim and constantly worrying about getting it back. I cut my losses and moved on. I warned the folks on localbitcoins and some dude later caught one of the team. Tackled him as they all scattered after he caught him trying to rob him. My reward for that whole ordeal was the German polizei showing up at my door at 5AM with a search warrant a few weeks later as well as them calling my employer (the US military) to tell them about it. They were likely monitoring the localbitcoins forum. Selling bitcoins is perfectly legal by private parties in Germany, I made sure to check that out before ever selling any. |
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"reputation coin" That will never be abused at all. Yes, because the one sentence I typed saying "something like" covered the entirety of it including how to discourage abuse.  Yes. The idea was aborted before it arrived. Sorry but it's just not gonna work. I hope the folks over at Divine read your in-depth research before going through the trouble. |
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"reputation coin" That will never be abused at all. Yes, because the one sentence I typed saying "some sort of" covered the entirety of it including how to discourage abuse. |
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