I'm against taxation in any form. 20% might be fine in countries where there's no VAT, but 20% of capital gains on top of your 10% VAT in Korea is already close to one third of your income. Still rather lenient when compared to some EU countries like France where the state basically rips people off in any way it can.

They could be good at whatever social engineering they used to get those emails and passwords but since Bitcoin is known as the money of the deep web and that currency that terrorists were using it was the obvious choice for these kids. They had no idea how to spend coins anonymously and the greatest proof to that is in the way they exchanged Bitcoins using Coinbase. I'm pretty sure they'll strike a deal and trade those coins for short jail time. If they don't they're dumb.

They were doing many things on that island of his.
There's a confession of his driver/bodyguard circulating somewhere on the web where he said that they had a kind of "roleplay" there in which they had a bull mask that each of the guests would take turns to wear each night. The masked person would then roam around the island doing whatever it is that they wanted, like having sex with whoever they asked and that chosen person had to obey them.
They also had kids there. He saw a french boy once who looked lost, scared and did not speak english. We can only guess what they needed foregin children for since there was no boarding school or an orphanage there.

You're not exactly right.
Legalization means it is recognized by law. You can own it, report gains, trade it and report it as stolen to the police. It doesn't mean you can pay wit it in a store.
Russians have laws protecting their currency and I believe it's in their constitution that the Rubble can be the only legal tender. Their constitution isn't untouchable as Putin managed to prove over and over but for now there's no strong support behind cryptocurrency so they won't change the existing laws.

It's definitely a correction, but while a correction in a bear market takes the price back up and then falls lower, a correction in a bull market takes us back down to finally push the price even higher. If we manage to stay above 10k for another couple weeks we will come back up to attack 12k resistance again.

I believe there will be no second phase. The number of cases will continue to grow up to the point where all people in the world have gone past it or were vaccinated. There's no need to make a big deal out of it. It's going to be tough for old people but judging by the constantly growing number of reported cases and the small number of deaths, it's not going to be a total disaster, unless the governments decide to close the borders again and force people to stay at home for weeks.


BTC will probably do a small rally to test the last year's top of 13k and that's it. I don't think we are in a strong enough bullish setup to retest 17 or 20k this year. If it happens - great, but it's too early and the sooner it happens the weaker the rally will be.

For me it's always like this apart from sending money within the same bank. If someone is using the same bank it's instant and he'll have money on his account within 1 minute from me sending it, but this isn't that common. Between banks it's usually about 24 hours, which is already much slower than Bitcoin, that usually confirms in 1-2 hours if you go easy on the fee.
International bank transfers usually take around 3 working days, which can be a difference between life and death if someone you know is stuck abroad with no money and calls you asking for help.

Definitely not the smartest move of their careers. Rather a career ending move
Smart enough to hack tweeter, not smart enough to know which exchanges are the bigest rats in the industry. At least they had no Gemini accounts.

According to federal agents, Sheppard was found out partly because he used a personal driver’s license to verify himself with the Binance and Coinbase cryptocurrency exchanges, and his accounts were found to have sent and received some of the scammed bitcoin. Fazeli also used a driver’s license to verify with Coinbase,

These guys did full KYC there using their own documents which is already a strike even if you're a legit trader. If you want the IRS to have you on the list do KYC on coinbase. If you do it on CZ's platform who knows where it will end up. Probably sold to some chinese hackers.
Sending coins to coinbase - strike 2.
Sending stolen coins to coinbase - strike 3.

And you're out of the social life. Only butt sex for another 20 years and no money waiting for you when you get out.

Funny thing, but in the beginning of the part about Bitcoin (3:34) he says "bitcoin scam is anything involving Bitcoin".
So, folks, remember this one. Stephen knows what he's talking about and he's is telling you that if you buy Bitcoin, hold Bitcoin, trade Bitcoin, pay someone with Bitcoin, it's all a Bitcoin scam...

The more time passes since the halving the more unlikely a fall to 5k range will become. Now we're still testing the waters, but what is happening now is a great indicator of a new bull market. The problem with TA based predictions for Bitcoin is that there are some external factors that can influence the price. Stocks and laws regarding Bitcoin in various countries are just 2 of those factors. You can have the greatest bullish setup and then Bitcoin gets banned in a few couyntries and that setup will turn into nothing.

Have you ever heard of Kevin Mitnick?

At age 12, Mitnick used social engineering and dumpster diving[15] to bypass the punch card system used in the Los Angeles bus system. After he convinced a bus driver to tell him where he could buy his own ticket punch for "a school project", he was able to ride any bus in the greater LA area using unused transfer slips he found in a dumpster next to the bus company garage. Social engineering later became his primary method of obtaining information, including usernames and passwords and modem phone numbers.[16]

Mitnick first gained unauthorized access to a computer network in 1979, at 16, when a friend gave him the phone number for the Ark, the computer system that Digital Equipment Corporation (DEC) used for developing its RSTS/E operating system software.[17] He broke into DEC's computer network and copied the company's software, a crime for which he was charged and convicted in 1988. He was sentenced to 12 months in prison followed by three years of supervised release. Near the end of his supervised release, Mitnick hacked into Pacific Bell voice mail computers. After a warrant was issued for his arrest, Mitnick fled, becoming a fugitive for two and a half years.

According to the U.S. Department of Justice, Mitnick gained unauthorized access to dozens of computer networks while he was a fugitive. He used cloned cellular phones to hide his location and, among other things, copied valuable proprietary software from some of the country's largest cellular telephone and computer companies. Mitnick also intercepted and stole computer passwords, altered computer networks, and broke into and read private e-mails.

Some kids are just smart. The only problem is they're going to make an example out of him to scare off possible followers and copycats.

This isn't making it much better. OP is doing so many things wrong that I don't even know where to start and some of the posters in this thread (including you) are trying to make a bad decision a little less bad, instead of making it good. OP, I'll give you 2 pieces of advice:
Don't let some journalist tell you what to do with your money.
Don't ask random people in the Internet what you should buy or sell.

Cryptocurrencies aren't like stocks. They look similar, but buying a piece of XRP and BTC isn't like buying a piece of Amazon and and Apple. While BTC is a good investment, all centralized coins like XRP can disappear in an instant.

I'd go with 100% Bitcoin and be done with it.

Have you ever heard of the people who want to see the world burn? Those are the kind of people you meet at school, where they destroy things just so others can't have it.
If a hacker can exploit a bug or something and get your money, he will do it even if it means the coins get burned or blocked and nobody will have them. They steal because they're opportunists and consequences don't matter. There's always a chance they'll get to spend them one day.

It would be easy for them as their current currency has been for many years used in the same way cryptocurrency is. You were able to buy things on dark web with L$ or convert them back to USD. There were people who worked full time earning them, just like freelancers working for Bitcoin.

Probably the no fee option + an easy way to register and the ability to use the fiat currency of my choice would get me to join this new exchange, although I'd be a bit suspicious of the lack of fees, since running an exchange costs money. If they don't charge trading fees they have to be trying to make money somewhere else, like charging high withdrawal fees or preparing for an exit scam. You'll probably going to get the most real traders with total transparency and high volume on popular trading pairs like BTC/USD and BTC/ETH.

It depends on the exchange that you're watching. On Bitstamp the level to watch is 10500 USD If we can reach and defend this position it's going to be the highest price since September 2019 and a sign that there's basically no resistance between that level and 12k, maybe even 13k, just like there's nothing between 14k and 20k so if that happens we'll go up very fast.
IMO, we won't see 20k this year, but it would be nice to witness another run up, like the one in 2017.

There is something worse: Indian tech support.

I use a lot of Chinese products and their quality can range from good products, like Xiaomi electronics, or total garbage fake crap like a lot of the power banks, batteries, cables and connectors that come from China. As for the EU products, most of them are still made in China, just assembly and quality check is done in the EU. All plastic molds and stuff come from Asia, same as all components like capacitors, circuit boards and such are usually Chinese, even in US/EU made products.

Don't we have cash? Many people live with no banks, using 100% cash transactions. Don't forget that all those places where you can pay with a card also accept cash. You can even buy stuff in the Internet and then go to your local post office and pay for the purchase with cash. I've been in a stituation where the card terminal was unable to connect with the network and the cashier asked if I could pay with cash numerous times in my life, which proves that cash is the more acceptable form of payment.
No banks does not mean no fiat money.

Bitcoin likes to do the unexpected but things are really looking like we could be forming a double top at 10k right now, which would suggest a pullback.
I'm not buying norselling at this point. Pretty much a do nothing zone for me, but if I were a trader who bought at 8.9k, I'd be looking to take some profit.

There are many stories like that. People were mining in data centers, power plants, even nuclear institutes.


No. He goes to jail for not registering a business. You have to do it every time when you run a big operation like that. You can maybe avoid it when you sell hotdogs on a sidewalk but for a million dollar operation?