There are no big ways to deal with risks when it comes to crypto, once you're here it's like trading penny stocks. All of your money could be gone in a matter of seconds (this is also possible with other securities, but the risk of it happening in crypto is much higher)

You can't really diversify in crypto, it's not really possible -- as all coins go down when the market starts to shift. THis could stray with a couple coins, but it doesn't work NORMALLY.

Wiring is something which is without a doubt faster then transfering but it is going to incur a fee (this depends on the bank, but it is typically going to be something along the lines of $20-50) And is typically used for large sums of money to get them to an exchange (or any other area a wire is used, like stocks)

So wiring does have a place, it's just not something that most everyday.

This could mean many different things.  One being the fact that news networks are pushing some sort of narrative to try to get people to lean a certain way -- meaning that they're going to manipulate people into buying when they have FAKE NEWS.

This could also be done by exchanges, exchanges can crash at key moment (on purpose) to do this sort of thing. Exchanges can collude to run the price down in a way that liquidates the shorts they have. -- THIS IS AN EASY WAY FOR THEM TO MAKE MONEY.

That's not true, everyone on here would like to say that people wouldn't be able to enforce it. But you have to understand that people (normal everyday people, not early adopters) aren't going to get involved with something that is illegal, it's going to get them in trouble and regular people who don't NEED bitcoin don't want to risk their lives for a random cause.

It's possible, but if you're going to do it you're going to do it you're going to have to be aware that there is a massive inherent risk with doing this without moving the coins off of the wallet that you're trying to get money from. ALWAYS ensure to move the coins before you proceed with something like this

There are also a massive amount of guides online which will help, makesure to follow them to the teeth.

https://cryptocurrencyfacts.com/how-to-get-forked-coins-from-bitcoin-forks/

While this is without a doubt good news, I don't think it's going to even be a small percentage of the amount of funding that this group receives -- I doubt it will be ANYTHING or even used at all. You have to think about it, people aren't going to be tossing their machines into utter madness (mining, pretty much taxing their PC's) for charity. I'd rather not do that, and donate my FIAT money to the cause -- maybe that's just me, but that is my view on this topic.

I'd love to see a contradiction.

I know at one point there was a site which did all of the work for you for the forks. It would gather all of the coins and then send them to the exchange that they were supported on (given you gave them the wallet so they knew where to send it) Does anyone here remember the link for this service / know of this service so I could see it?

I know this site I'm thinking of has all of the shitty forks too, but I know that I personally would have a couple of bucks here and there that could be used for random shit.

This right here, I haven't seen this crazy change in tx fees so I would assume that you're using two inputs (you have coins in two different addresses) and the problem here is that you didn't notice this. Always make sure to adjust the amount of fees you're going to be paying, as most wallets let you set your own fee which is different from the one they recommend to you.

So there is that, don't let these wallets mess ya up!

I mean, even now most altcoins are pretty useless as of right now. Bitcoin having an LN and sidechains will be the nail in the coffin for the altcoin market. Though speculation will lead the altcoin market to still have something when it comes to profit making.

I hope we drain the shitcoins though.

While there is a lot of FUD surrounding bitcoin, the big thing that it is backed by is the blockchain and the code. Bitcoins code has been unable to be cracked yet, you can't crack into bitcoin based on no one being able to do it yet. That's not to say it's impossible, but as of right now we haven't hit the point where anyone has.

The blockchain confirms all transactions and the miners confirm all the transactions by confirming that all of the transcations are real and are not frauds.

Would make sense to move to Switzerland, their authorities are without a doubt going to be more friendly towards cryptocurrency and everything along those lines just like they were to banking. They're going to take a ton of money from whoever they can get it from, which right now is going to be crypto -- as the banks are under mass scrutiny.

Makes sense, would like to see it happen.

I mean I don't think it's an issue that there are two lines of thinking when it comes to bitcoin and what we should do to scale. I don't support misleading people, but I do think that it is necessary to have different lines of thinking when we're getting into such big money things which is scaling.

We may not like Ver, but we should be open to listening to his opinion and what his followers think. If we don't we're going to have a civil war in bitcoin, because there are a lot of people that do support his point of view.

I don't know if it is a good thing if you were to think about it. If we are to shift away from bitcoin, we're going to have an increased reliance on actual coins -- which is going to end up casuing mass amounts of issues for exchanges as they're going to have to have audits to ensure that they're holding the amount of money which they say they have. Because at the moment there is a way to ensure that they do have the bitcoin which they say they have.

There would be no way to find out how much USD they have. Paves the way for problems like printing tether caused.

You used to be able to do this, but it's not something which is present at the moment. Arbitrage has been taken over by bots, tons and tons of them who are verified on every site (both here and abroad) and who can capitalize on opportunities in milliseconds -- instead of people which is, of course, going to take a long time to figure out and is going to end up making you lose every single time against the bots.

So, it's not REALLY possible anymore.

The big flaw in everything you're saying is the fact that you think that everyone and anyone can predict the moves of the market. It isn't going to happen, and it is the core reason in which people do HODL. They don't want the risk of trying to do day trading, in crypto it is something which is killer, the same thing is present in the regular stock market.

Day trading hasn't worked for a long time, it's proven to make you lose even during bull runs. Holding is the only thing which has been able to win out, why NOT follow it?

I think they're doing more of this as an attempt to protect the customers, they're not doing this in an attempt to hurt anyone. At least that is what the EU is known for at this point, putting the consumers before the customers-- which of course customers love but the producers not so much.

Europe has also pushed out 2 year minimum warranties (BY LAW), lemon laws, and things of this nature. Very consumer friendly. But I'm unsure of bitcoin friendliness.

You're going to be paying taxes on each transcation, as nothing here counts as a like-kind exchange. So you can't simply count the amount of bitcoin as income from trading and say that's your profit, you need to find your profit from each coin AS YOU'RE TRADING and then calculate all of it.

It's going to take sometime, but bitcoin.tax is going to work perfect for this. You just have to click off of like-kind exchanges.

While this is something which is horrible to see, I do think that these hacks and scams are highlighted a lot more by the media (and normal people) because they're happening in crypto. I think that if this was to happen to someone with their normal FIAT, they wouldn't be hitting the news-- because it happens so much no one would even bat an eye or care about the problem.

It really does give us a bad name like this, hoping for this to end.

While this isn't really bitcoin related, I do think this is an amazing tool which I wish I had found a long time ago. Really allows you to compare the salary that you get here from the salary you would get in other exchanges with the cost of living factored into the equation -- which is really essential when trying to compare salaries.

Thanks a ton OP!

I personally think that due to the amount of shorting that people were doing on bitcoin the exchanges helped in liqudating these shorts, I know they aren't able to do it PERSONALLY but I think they played a part on getting some people to buy coins (a LOT of coins) in orderto shift the market to go their way.

They're out to make a good amount of money if those shorts get liquidated, and they did. Who knows who does these things, but if it is the exchanges they're EVIL.s