Bitcoin's hashrate has been going up consistently throughout this year so far, while pretty much every other coin has seen only stagnated or declining hashrates. It clearly shows miner dedication.

If miners were just as dedicated to altcoins, they wouldn't drop it so easily just because in the very short term it isn't profitable, especially so with how them leaving for whatever period of time makes the network less secure.

Platforms such as Nice Hash where you can rent hashrate are great for those selling, but people don't realize how easy it is to abuse that platform to attack plenty of altcoin networks, and it happened already.

Coinomi uses Shapeshift and Changelly, but most people used the aforementioned with how it was more popular and Changelly had some scam accusations going against them for a while.

I used Shapeshift through Coinomi to cash out both Bcash and Bgold after they forked off. Their private key sweeping option of a huge load of shitcoins is pretty neat with how you don't have to install any actual clients yourself.

I don't think Shapeshift will be removed since they will probably offer some way to connect your account to that exchanging service for more convenience. Without these exchanging services Coinomi is pretty obsolete.

That's what most people actually don't want to do and for that reason rely on these signal groups to serve them advice on a golden plate. It's utterly stupid how people think, but they are the reason these groups exist.

If everyone did its own research these groups wouldn't pop up as frequently as they do in current times. Some groups have like 100k followers which just shows how little people care about potential abuse.

All they want is to catch the next pump and they'll keep trying till they hit bank at some point. If you repeatedly bet on something, you'll be right at least once eventually. They are way better off blindly investing themselves.

I remember that people thought the first bubble in 2013 was solely initiated by people in Cyprus buying Bitcoin like there was no tomorrow. I however doubt people in Cyprus had anything to do with it.

The main difference between the current and 2014/2015 bear market is that right now we don't have MtGox to worry about. I'm certain that if MtGox didn't collapse back then, the low in 2015 would be far above $150.

MtGox gave the bear market extra fuel to keep thriving, which looking back, was the best ever "recent" buying opportunity. I don't think think we have to wait another year to fully bottom out.

The main thing that fascinates me about people thinking it's important to know how many coins satoshi holds, comes from the fact that they believe he'll be terrorizing the market at whatever point in time.

While I do believe that even one slight movement of one of his mining addresses (even if it's 1 satoshi) will unleash a massive selloff, people are focusing on the wrong entity as being a potential obstacle for the market.

We shouldn't forget that Mark Karpeles is still hiding 200-300k in Bitcoin somewhere, but no one here can do anything other than speculate about where these coins are right now.

I can't even find trustworthy people in my own home town to buy or sell crypto currency, so going to a foreign country makes things 100 times worse. We have to accept that we're walking targets for ill minded people.

There have been a couple of incidents where person to person transactions went horribly wrong, and as crypto gains more momentum, we'll be seeing these incidents happen more frequently unfortunately.

Walking around with large sums of value isn't smart. Even drug dealers who usually have lots of cash on them have taken precautions, and that's just an initial signal for what has to comel now crypto is the new kid on the block.

As long as people keep posting articles using bitcoin dot com as source we'll keep seeing core come back. There has been some discussion about not clicking on bitcoin dot com links anymore, so let's hold on to that.

In most countries you can legally avoid paying exorbitant tax rates by simply spending your coins instead of converting them to fiat. That's why last year there was a significant increase in high value purchases with Bitcoin.

Properties, cars, expensive holidays, etc. Spending Bitcoin is better than putting your money to waste entirely by paying crazy high tax rates. It's your legal right and for that reason you don't have to feel bad about not paying tax.

Most hodlers don't think it's right to declare any Bitcoin holdings, but how do you ever plan to legally use your coins without always looking over your shoulder? In some cases Bitcoiners are just too paranoid.

They already squeezed the most out of their economy in terms of taxation, so how far do you think they'll go through with that? People there are one or two steps away from a massive breakdown right now.

The government there needs to be more creative with finding a temporary solution to cover its wounds, otherwise we'll see even more capital flow out of the country, which is something they at all cost want to avoid.

If people for once stop waiting for the situation to turn bad in order to stand up, they will be able to comfortably avoid landing in a situation where they are no longer capable of avoiding a financial blow.

People (even in well functioning economies) should by default hedge a certain part net worth.

If you read through the TOS of nearly every regulated and semi regulated exchange or service, you'll see that they will share potentially all data with the government in case there is a request to do so.

I don't think it matters much if the exchange is foreign or not, especially when you take into consideration that except from a few select countries, pretty much everyone can use an exchange.

It's not for nothing that various exchanges have decided not to allow US registrants anymore, because the US government doesn't care where you're exchange is located. If they want something from you, they'll get it.

Bitfinex and BitMEX both don't allow US registrants, but you can bet on it that the US government will jump in if they feel it's time to do so.

Vitalik, the non giver of Ether agrees with you. Ethereum is a shitcoin.

He thinks it's so shitty, that he's providing Bcash advice on how to become a great ICO platform (no joke), lol. That dude must be struggling with himself or he sold a large enough chunk of his Ether stash that he doesn't care anymore.

That will slowly but surely change when it comes to the top tier coins. If you look at EOS for example, it has nearly surpassed Ethereum's fiat volumes, and this is only the beginning of what has to come.

The only reason Ethereum is technically still having much higher daily volumes, comes from their main token ties. If you discard that, EOS will soon have surpassed Ethereum for good, especially with a Coinbase listing being a matter of time.

That being said, the dumps are picking up speed with Ethereum currently down 22% which is madness. Probably won't take long before it hits a price below the $200 mark. Still not a tempting enough short term dip to buy.

Thanks for the warning. I will no longer use that site as news source.

Ironically, it could happen this year that Roger and Craig Wright might become enemies. Craig Wright has even been accused of being a Blockstream spy, which really made my day when reading that.

I don't think they will be able to settle down for an overall agreement, especially with nChain being too focused on their own roadmap. I'm looking forward to the chain split as result of these baboons not being able to behave.

I don't understand why Roger is booked as speaker this often by these events. There is no event where either Roger or Craig isn't featured. Desperately trying to push their twisted ideology.

It's a niche product at this stage, which explains why the fees are pretty high. As these ATMs generate more consistent volumes, the fees will decline significantly and that will stimulate even more usage.

I however don't believe the fees will ever fall below 2% since there will always be operational and licensing costs. Depending on the state or country, licensing in some cases can exceed the $100,000 mark annually.

There is so much involved just to keep these ATMs running legally and cost wise, that I personally wouldn't want to get involved in this industry if I was ever offered the opportunity to do so.

I remember how you locally could only buy BTC and LTC in the early days of 2017, while right now you can buy over 100 coins and tokens with fiat, so the days where BTC is the main crypto bridge are largely over.

That also applies to Ethereum. Instead of using Ethereum to buy tokens, everyone can buy the tokens with fiat directly. You know what most newbies think about Bitcoin and Ethereum? Slow and expensive cripple coins.

Good thing however is that the herd always functions as pretty accurate counter indicator. If they massively jump into pump and dump coins, you know that you are safely sitting in Bitcoin.

Currently the main problem is that the majority of the market making happens on exchanges outside the legal reach of the SEC. In case of manipulation, they pretty much can't do anything to combat the bad actors.

If eventually US based volumes grow, and it's no longer unregulated exchanges dominating the whole industry, they'll be more likely to let one come through. From there I believe it's only a matter of time.

I don't rule out any initial speculative hype resulting in the price to increase. I was more referring to the actual demand for these ETFs as instrument, which in no shape or form is guaranteed to be of significance.

People are simple minded. If they see that an ETF has been rejected or postponed and the price goes down after that, it's the easiest event to blame.

If you also take into consideration that the mainstream media is significantly fueling ETF speculation, then it shouldn't come as a surprise that people add so much value to ETFs.

People need to stop fooling themselves thinking there is a realistic chance of seeing at least one of the proposed ETFs get approved. The SEC has been clear enough with their rejections in my opinion.

Just browse through social media right now, you'll see how surprised people are that the market tanked with like 5% today. How can anyone still be surprised by these price swings?

Great day for shorters, not so much for dreamers of that miraculous recovery.

It's not as easy as you make it seem like. I have checked several bullion dealers within my country, and they all require me to have them store a copy of my ID and other personal information for who knows how long.

Also do they have various limits in place at which they by law are forced to report purchases and sales over a certain amount to the government. That, at least in my country, is not a motivating factor to buy myself into gold.

They don't have to sell gold in order to significantly inflate stock prices. Nearly the entire stock market has been bought up with debt in the last couple of years, all because of how cheap it is to borrow money.

Gold always tends to lose value when there is no urgent need to hedge anything.

Institutions aren't going to expose themselves that easily, especially with how they don't want to make it seem like there is any form of actual demand coming from them with how that could trigger the market to go nuts.

Institutions have a major gap to overcome in terms of adoption, because for once it was the average person who got in early, and not some corrupt institutions. The last thing they want is to have the market go up again.

That. Not sure why people keep wasting time attempting to trace each and every high value transaction.

Ok, you find out that it went to whatever exchange, and then what?

If the price of any coin that's listed on that exchange doesn't increase or decrease shortly after, there is nothing left to link that transaction to. That person could easily withraw these Bitcoins in smaller fractions without trading.

An ETF approval is only a matter of time, really. The only point I don't agree with, is the fact that most people blindly assume that an ETF will have a significant impact on the market.

I don't see anyone here ever point out that there might not be much demand for an ETF at all. And then we don't know if the ETF that will be approved will be backed by Bitcoin or not, which is quite an important factor too.

If it's not backed by Bitcoin at all, there will be next to no actual effect on the spot market, even if the demand is significant enough to consider it a successful ETF launch. That's definitely something to keep in mind.

I don't want to sound all that negative, but there is no point to hype up something with no proven track record either. I want Bitcoin to succeed based on legit user demand, and we can definitely work towards that goal slowly but surely.

I think the underlying problem isn't people being willing or not willing to take the necessary steps, but more so that they should never have signed up to Yobit in the first place. It's a well know piece of scum exchange.

Why would anyone want to sign up to an exchange of which people have been warned for not to use for years? Is it really worth it to use such an exchange to trade a bunch of trash tokens?

Yobit literally doesn't care about any of your complaints. They'll ignore people until they stop bugging them about their silly tokens that are stuck within that platform. Just stop using Yobit and they'll vanish at some point.