Just do what you reasonably can do, save trading history regularly + screenshots of your balance. Do the same for every deposit and withdrawal: screenshots + transaction numbers + keep control of priv keys of addresses used + archive every email from them.
You can determine your profit/loss for specific period just by knowing your opening and closing balance and all deposit/withdrawal history made during that time.

Cryptsy was a registered business, it's possible that all the trading history of every user is saved and secured somewhere. If not, I don't see how IRS or others could blame users for Cryptsy's shitty management and record-keeping. So just do your part and hope it'll suffice.

Good to know. No worries, it got confirmed earlier today so it's all good.

You can't accelerate tx unless you're big solo miner or mining pool operator. You can just re-broadcast it at best.
You're not using publicly available tool from certain pool in exchange for tips, are you?

I initiated small withdrawal yesterday, it has been approved and processed but you've sent it with fee of ~45 sat/B, while recommended fee is currently 600 sat/B.

Do you have any policy in place to rebroadcast the tx with a higher fee if it doesn't get confirm within certain time?

Chuckled

It doesn't matter. It's trivial amount, you'll never get rich with that.


Then park it somewhere safe and move on to other things. Even if BTC goes to zero, you only lose ~$730 at current rate, slightly painful, but won't affect your life at all. So your potential loss is capped, but potential gains aren't. It's still possible for BTC to hit $100k at some point (although there are limited resources and it simply can't be going up forever and the current market cap is already ridiculously high).

Anyhow, stressing out or monitoring price charts daily over 0.05 is just wasting your time. Invest your time in something productive.

Yes it can, that's nothing new. Bithumb is the largest Korean exchange and for some reasons Koreans seem to have more positive sentiment towards cryptos and are very susceptible of pumps and bullish news. Also Bitcoin is ~21% higher than the average at the time of this post.

From what I remember, some strict regulations in opening bank accounts in Korea make it really hard to do arbitrage trading, hence the disproportionate rates.

It's just one of the many straight money-grab forks, popping out after Bitcoin Gold relative success. There's Segwit2X, Bitcoin Cash Plus, Super Bitcoin, Bitcoin Silver and probably few more.

You can't expect SD admin to keep a track of every shit-fork, not to mention compiling buggy wallets and making changes to the site.

In my book, BTC's share of total crypto market cap doesn't really matter that much. What matters much more is the advantage of number 2 coin (aka the risk of 'flippening').

Especially when you consider that low volume cryptos can be easily inflated to ridiculous size at relatively small cost.

Bitcoin-fiat exchange sites are probably doing the best. And they make the highest profits during the wild price swings, doesn't matter whether up or down.
I believe there are still countries out there without proper exchanges.
If I was to go the route of starting crypto business, that's the first option I would consider.

Well, if you accept volume as a good metric, then you'd have to admit that bitcoin was surpassed at some points by ETH and BCH (both briefly exceeded BTC's volume iirc).

With crippled on-chain usage, the only 'utility' that keeps bitcoin above the rest is being the 'reserve' currency, traders still use BTC to trade other currencies, as most popular pairs are BTC-alts pairs. But don't take that for granted.

b...but muh lightning network is just round the corner you guise

You what mate?

Explain

What's the purpose of this topic?

Are you suggesting that we should abolish certain phrases, even if they're correct, just because someone could misunderstand and take it the wrong way?


No, think of it this way: if you invented genuinely 100% secure lock, would you be marketing it as 'unsecure' just because burglars could get in through the window?

But yes, if you ever see anyone claiming "Bitcoin can't be hacked, therefore your bitcoins can't be stolen" then feel free to call bullshit on that.

Related:

https://www.cryptocoinsnews.com/mark-karpeles-will-end-taking-859-million-mt-gox-bankruptcy/

If this shit is true, karpeles will be rewarded $0.86 billion worth of btc and could crash the market.

Could be, but it's more likely just Cryptopia's business model (they have over 1000 markets). You can get any shitcoin listed, as long as you pay and as long as the network is somewhat working.

https://www.cryptopia.co.nz/Paytopia

Received. Thanks

Author of the linked article made a mistake. BTG fork is indeed scheduled in Nov, but the distribution will be done as per 'snapshot' block, which was mined yesterday.

So, if anything, the dip in price could indicate that a lot of bitcoins have been purchased for the sole purpose of claiming free BTG, and those bitcoins have been dumped (either for fiat or alts) right after the snapshot block.

1 - if blockchain.info allows you to see the private key for your addresses (I'm 99% sure it does) than you should be able to use those keys to claim your BTG. The easiest way is probably just transfer funds to coinomi wallet, they'll do everything for you.

2 - not sure, but think they'll likely keep current BTC denomination (8 spaces after decimal).

3 - 100mBTC = 0.1 BTC = 0.1 BTG

4 - blockchain.info probably only supports BTC, so you would have to export your priv keys to a BTG wallet (if there's any) or other wallet that supports it (i.e. Coinomi). If you're not sure what your doing just download Coinomi and send your BTC before the fork.

5 - Don't know/don't care

For the short-term gain, wait for the dip, buy then, wait for the price to bounce back - sell.

For the long term holding, buy anytime, or better yet - do a cost averaging, buy a little regularly (i.e. every month).