It's more than understandable though. It's a business that has to publish content to entertain its users and generate income. I think the problem isn't really news outlets doing it, but more so that people haven't accepted it.

As always, when someone else does something out of 'necessity', it's a shame, but when that person does it himself it's suddenly no longer a problem. People need to place themselves in the opposite position to understand why things happen.

Most realistic and understanding people here already know how news outlets work and how crappy they are overall. I only use them as alert. If I see an interesting article, I go straight to the source to find out what's going on.

May I ask how you managed to withdraw funds from their site?

According to 1Broker's Twitter statement they are waiting for the SEC's permission to process customer withdrawals. Till that time, they won't process any withdrawals. The 1pool.ltd website doesn't indicate any option to withdraw funds either.

It will probably take weeks or even months before the SEC allows them to activate withdrawals, and that's assuming the SEC won't try to seize these funds one way or another. You never know what they are up to when they smell money.

Well programmed bots are doing a much better job trading than most of the manual traders, and that without being subject to emotions and whatnot. Shitty bots people here use are dangerous in more ways than one.

95% of the people aren't able to screen the code looking for vulnerabilities, and most of them don't even know how to operate it. They buy a complete bot package where a third party sets everything up for them.

Even if the bot is safe, allowing someone to know your API Key is plain stupid. Just browse through the internet to see how many people have been a victim of rogue bots and portfolio applications. It's almost embarrassing to read.

There are various cycles every emerging industry has to go through at the very beginning, and we're still at the point where everything is just hype and craze we rely on, but I'm sure this will change eventually.

The internet has gone through the exact same cycle. It has grown because there is actual utility that betters our lives, and some crypto currencies will provide that utility as well, but in their own way.

If I had to pick two crypto currencies that I believe will definitely be part of the ones that provide fundamental utility, then it definitely should be Bitcoin and Ethereum. It's only a matter of time before they scale accordingly.

The rest of the crypto currencies are a big question mark.

Miners buying to support the price? Highly unlikely. I'm even of believe that they aren't really that worried about the price to drop because that forces less profitable miners to turn off their machines.

In that case it means the difficulty goes down which makes mining slightly more profitable for those who continue mining, and that slightly better profitability is enough to counter lower exchange rates.

I think it's more the overall trend and support levels that traders respect. The market has been taken over by bots and whatnot operating within a safe range they aren't willing to break.

It's pretty hype focused to attract a new (I assume an above average) group of customers, which is a smart move for the company, but I rather save up some money to buy myself a 1BTC Casascius physical Bitcoin.

This watch will probably end up being listed for sale on eBay or this forum as collectible a couple of months later. They should have loaded up each watch with a certain amount in Bitcoin, which would attract way more interest.

Or in case it's legally not possible to ship loaded collectibles everywhere, then allow people to fund it themselves. Hublot could have done a much better job marketing this watch like that in my opinion.

Fair enough. I strongly hope that with more actual fiat pairs we will slowly distance ourselves from Tether that might or might not be backed at all. It's in everyone's best interest that Tether becomes less of a thing.

In case it turns out to be one massive scam, the market overall won't suffer as badly.

Definitely true, but doesn't that also apply to Bitcoin? For 'accurate' volumes I only look at exchanges as Coinbase Pro because it's less likely for whales to wash trade into oblivion on highly regulated platforms.

Look at the difference in 24H volumes:

Bithumb $190 million
Binance $166 million
BitFlyer $22 million (highly regulated exchange)
Coinbase Pro $22.5 million (highly regulated exchange)

Legally they can and do where I live. Crypto isn't really even the main thing my local tax authority focuses on, they stack the value of your crypto holdings on top of your regular holdings, and you have to pay tax over it every year.

It's pretty brutal because even if you don't add anything to your net worth, or lose 50% of the value for whatever reason, you still are subject to a near 2% annual tax hit based on the total total amount.

I'm not necessarily against tax, but this is the worst form of taxation ever in my opinion. Why should I pay tax over the same amount of money over and over again? If you don't they'll throw you in jail for a couple of years.

Basic noob nonsense. Firm traders never assume that they will be able to make daily profits, and it's even close to impossiblel unless you are a market maker yourself and based on that squeeze profits out of the market.

If even wall street level traders admit that they have had days with consistent losses, you aren't really helping yourself by saying that it is possible to profit on a daily basis, especially when it comes to the crypto market.

I tried it all, slow trading, day trading, investing, and so forth. I can say that I'm happy to just stick with hodling right now, which implies that everything else is not worth my time because it doesn't work out the way I want.

Belarus might look fine as country on paper in terms of crypto friendly regulations, but the main obstacle is how unstable the government there is, and I don't think any established business would want to settle itself there.

Has there been any less established business from outside Belarus that decided to settle itself there? I'm sure if there would be we would have seen it be covered already with how news outlets hyped up Belarus the best they could.

Belarus however is a solid testbed for Russia to see whether or not it's a good idea to allow crypto and the blockchain industry to grow within their borders. Belarus is basically collateral damage in case it doesn't work out.

ETFs that are backed with the underlying asset stimulate long activity rather than short activity, but the futures markets could turn out to be an obstacle, but the volumes have to pick up significantly before that happens.

On the other hand, people start to worry about manipulation with financial instruments but completely forget that the market has always been subject to manipulation, especially in the early days.

I think that with more institutions entering crypto, the usual whales will face tough competition which is in the benefit of the market in my opinion. It results in more overall stability and less impulsive pumps and dumps.

Let's be honest, has the market ever respected support levels like how it does so this year?

It doesn't take much to have a better support department than Bittrex and Poloniex. I rank both exchanges slightly higher than an exchange as Yobit that usually doesn't give a shizzle about user complaints.

I think where other exchanges severely cripple their support department because it's quite expensive to scale up consistently, Binance has chosen to go big once and have it be a long term addition to their operation.

With over $1 billion in profits it doesn't surprise me at all that they can keep it up without any problems. Poloniex and Bittrex (and basically most other exchanges) aren't in the position to do the same.

I like the fact that an alternative takes a different path when it comes to fetching market data, but I think that there is more in depth data and variables available over at Coinmarketcap.

Don't know if others experience the same, but certain sites as blockchain.info have been such a convenient and good looking site, that it's difficult to use something else, even when it is technically better in some ways.

Overall, the more competition there is, the more pressure Coinmarketcap experiences to actually implement new features and improve their user experience. Thanks for pointing out OP.

I simply use a mobile client that just asks me to scan a QR code and the amount and everything is set instantly. In my opinion this is an ultimate form of convenience instead of going through the hassle of manually setting figures.

I'm using the Electrum wallet which offers SegWit support as well, and it supports RBF (replace by fee). It allows you to manually select fiat sources as well, which in this case is Coindesk or BitcoinAverage. What more do we need?

The only downside is that the app doesn't have a sleek GUI and it takes like 10 seconds to open (nothing that can't be solved with an update), but I'm sticking to it with how I believe it's one of the more secure clients available.

Samourai should give people the option to enable or disable fiat metrics, don't blatantly cut it off.

I hope you didn't actually proceed with providing them your personal information even though you say you're only using Kraken and Bittrex right now. Bitfinex has done nothing to gain back their confidence in a honest manner.

It's crazy when you think about how the largest exchange based on USD volumes excludes US registrants. An exchange that 'successful' should be able to obtain the legal approval to operate within the US easily.

The fact that they aren't even attempting it, which would result in an overall audit, tells me that there is a shady incentive for them to stay away from the US as far as they possibly can. There are much better alternatives available.

That will eventually lead to less demand for Bitcoin with how trading fiat vs crypto is way more convenient and it doesn't subject you to declining BTC ratios which is where a lot people lose.

While altcoins have reached all time highs based on their fiat value, their BTC ratios were lagging behind so much that it resulted in many investors to lose, and who actually wants that to happen again?

Look at altcoins and their volumes, you'll see that most of it is based on USDT and not BTC, and we can expect this to continue with how more and more exchanges list fiat trading pairs.

It's more or less already happening. Ripple has various products that they managed to install in various banks across the globe, which should make transfer of value much easier and faster, so that's technically the first step.

I'm however not sure how long banks will be using Ripple's services, but it's definitely a start of something that might stimulate them to create their own system that works better and doesn't require them to pay an external party such as Ripple.

Banks are thriving on controlling every aspect of their operations, so it only makes sense to drop Ripple's services at a later stage.

It's not an index fund, but simply a basket of coins Coinbase selects for you to buy at once. Noobs aren't interested in that for the sole reason of not willing to buy coins such as Bcash, Litecoin and Ethereum Classic.

Coinbase is nothing more than an entry point from where people use their Bitcoins to buy other coins with on exchanges as Binance and Bittrex for example. The selection of coins that Coinbase offers is very poor.

Most people involved in altcoins have their targets on other coins and Coinbase might be motivated by that to list a couple of these coins themselves in order to prevent an outflow of customers after their initial BTC purchase.

It surely has. It's very important to understand that if everyone here accepted Bitcoin for its technology and how it stimulates people to distance themselves from banks and whatnot, the price would be over $100,000 already.

I'm thankful for how I can still freely accumulate as many coins as possible at current rates, and I'll continue to do that for as long as I can financially maintain it. People's ignorance is our gain, never forget that.

That being said, hype and price related activity and interest is quite important as well. It's crypto's only way to reach the mainstream audience, and those who are really serious about the technology and decentralization will stay for ever.

All the speculative noobs will vanish eventually.

Guarantees don't exist, but Bitcoin has proven to do that what no one even could imagine realistically.

If you would have asked me in 2016 when I expect the price to reach the $20,000 mark, I would point at 2020 just before or after the block halving. If you told me it would happen in 2017 I would advise you to seek professional help.

In other words, never underestimate what Bitcoin is capable of with how little circulating supply there actually is. $100,000 is perfectly possible to happen before or just after the block halving in 2020.

$1 to $10 was insane already. $10 to $100 was what people didn't believe in. $100 to $1000 is crazy for something that has no physical form. $1000 to $10,000 can't be described with words. $10,000 to $100,000 is possible.

The only challenge is $100,000 to $1,000,000.