People that say these things have an agenda, they want you to buy into either gold or bitcoin in order to push the price up. I see the gold commercials all the time, they're saying that Gold is going to be the only thing which is going to survive (and thrive) during an economic crash and you'll be able to be rich during this time. People say the same thing about bitcoin.

I can assure you that during an economic crash both will be useless, they're just random items anyway.

Both exchanges are shit, ignore them and use a better one like binance. These two exchanges are buggy, UI is nothing spectacular, and are based off (in ForkDeltas case) on a site which was VERY SHIT and got hacked (Etherdelta)


I don't know why people continue to go back to these sites and want to use them more, use the real exchanges and then you don't have to face these problems. Poloniex is pretty much dead after it's hack, and rightfully so -- let these sites go out with pride and don't drag the dead house.

While this is something which is newsworthy, this is something (the scam) that happens a TON more in fiat currencies due to the stronghold they have over the currency usage. So while this article is showing some horrible stuff by people, it's only getting attention because it says $1 Bil (pesos) and mentions bitcoin (which is the only real reason people care)

This just fees that narrative that bitcoin is for scammers, drug users, etc. We have to break that mold.

This right here, you always have your private keys so that's not an issue. HW's are the best things to go with if you're going to be using your coins regularly, or have a mass amounts of coins that you want to keep as safe as possible.

I would hope that more people innovate in the space of HW and buy these wallets, but most people would rather put speed and convenience over safety of their funds -- which they'll learn is one of the most idiotic decisions you can EVER make. I guess some people just need to learn the hardway.

I would assume that someone from here that knows this, is there any site which allows you to buy gift cards to one of the big airlines' companies (American Airlines, Delta, Southwest, etc) with crypto? I'd rather not have to deal with one of these random sites when I'm ordering my tickets so I'm just able to pay directly to ensure that everything is 100 percent OK.


I would think a good amount of people share this sentiment with me, right? I think you all would rather deal with the big companies in crypto if you could with your crypto.

This right here, when people are moving mass amounts of money in an unreversible way you'd think they'd take a second to ensure that they're sending it to the right place -- but you can't fix stupid, people will do what they do best. Take this as a lesson, so when you go to send a couple thousand in bitcoin (hopefully!) then you're going to send a test TX with $1 to confirm the addy is the right one and there is no malware on your computer.

You'll learn, it takes a couple painful costly lessons in life though.

The only way that we can help bitcoin from people trying to ruin it, is by mining ourselves, operating nodes ourselves, and educating people. The evil in the world are here to make as much money as they POSSIBLY can, they don't care what it takes to do that. They're just going to do it and not care about the consequences. We can't make them change, the miners would never do that, you have to start being the change you want to see in bitcoin if you want to promote it's long term safety.

BE THE CHANGE.

It's only surprising because a massive amount of people were shorting bitcoin, calling it the end of the currency and it was going towards a MASSIVE downwards trajectory. But then boom, the bulls take back control, and the market starts going the opposite way with massive amounts of money coming in. Peoples portfolios are finally starting to recover for the people who bought at ATH's or on the way down from it.

So yeah, surprising because everyone else was saying that bitcoin was going to die -- and it's not going to.

The name shouldn't matter at all, what really matters is the tech behind it, the people using it, and the amount of money involved in it. People don't care if virtual currency sounds inferior, because that is what Bitcoin is. Other currencies, such as FIAT currencies, are paper currencies. Does that make those currencies sound inferior? Is that going to make people stop using them? No. It doesn't matter what happens, people are going to use what they want to use.

This is something that came out in a news story the other day, but it doesn't put into consideration all of the variables which are present. Some of them include the price of the electricity, the price you bought the machinery you mine with at, taxes in your area, etc etc. This study is probably focusing on one area in the world, rather then focused on areas like China who get power for pennies on the dollar. So, yeah, disregard that completely.

The tax situation is the same tax nightmare that any day trader for stocks would have to deal with, I don't understand how people come to terms with the fact that it's NOT THAT BAD. Use a reputable exchange and they'll hold the information to make taxes a breeze / or as close to one as they can with their records on you.

People don't want to invest in crypto because it's as volatile as penny stocks, people want traditional investments with traditional returns. That's the best for them, I don't know why you'd be mad about what people invest in.

The first and second ones are good, makes sense to simply show people that it isn't a scam and you're probably going to have to show them some evidence to support it. Some people only get their news from the mainstream media, so they think that bitcoin is some crazy drug cartel currency, WHICH IT ISN'T.

You have to show them that bitcoin is a cool new tech, though you don't need to force bitcoin on anyone. If they want to live their normal life without it, then that's fine. This sort of tech and currency isn't for everyone. It really isnt. So sometimes you have to accept it and move on, you'll live with that just fine.

Because they want to control the economy which they've been able to run for so long, they've had control of currency forever -- and with it comes a massive amount of power. They're able to control the amount of money being printed, the interest rate numbers, and so on and so forth. They control everything. Bitcoin and other cryptos, threaten this, by taking the power away from the government and putting it into the power of the people.

This is why they support nothing related to decentralized crypto.

Not possible on the big wallets which have the big money behind it. The only time this is going to work is if someone could abuse a new deelopers code who made a shitcoin. That is the only time it's going to be possible, as big wallets with big money behind it can't be taken down so easily with hacks.

Plus how could hacks even hurt crypto-wallets anyway? What would it include?

Well it won't effect the volume in the least, the volume of bitcoin will always be the same. It may not be USED, but that doesn't mean the bitcoins aren't present. Which is what the volume / stock of bitcoin is relating to.

So yeah, it won't change it at all. Though if more and more people are holding instead of getting involved with USING THE CURRENCY AS IT SHOULD BE USED, bitcoin will turn into more of a speculative investment rather then a currency -- which is a problem in and of itself.

Here's what you have to do. Avoid all of the advice you see on here, see what your risk tolerance is AT THE MOMENT and then decide what is best for you. As there is really only two decisions right now, you have the decision to cut your losses and get whatever you can back (writing off the rest for tax purposes) or holding on and seeing if you can recover.

Do whatever you CAN DO, no one else can help in this decision as we don't know you.

The markets are cyclical, they go up and they go down. Markets move, even in the wild west of crypto they do the same things that are in cyclical markets. I wouldn't try to pin it on anything or you're just going to make your mind spin.

The markets move, some people do well, others lose it all. That's life.

I wouldn't say that much, I mean you can still be a successfull trader (in the long run) with some short term losses. I also wouldn't even peg a value of money that you can afford to lose, as that makes no sense. If you want to invest in crypto with any amount you have then go ahead and do it, nothing is going to stop you from doing it. Use your skills as you think they work, and if they don't then swallow your losses and leave -- dont continue to dig a hole.

While this may shift reliance, it's not REALLY going to change much. The pairs with the most volume are always going to be the BTC ones, for the sole fact that ANYONE can confirm that they actually do have the coins they say they're trading and not just prining mass amounts of USD (that isn't real, yes we're looking at you TETHER)

So, this is just news for news.

While this is something that is sad to see, it was bound to happen at some point. Private companies see the ability to make some money, with the resources they already have (Amazon Web Services) and they seize the opportunity. But with private companies pushing to do this the community will get stronger with anonymity, so we will evolve. to fill what they throw at us.