since i have stopped using polo for bittrex the process seems a lot smoother and easier. i have much more confidence in bittrex than polo and won't use they again.
If bittrex had Margin trading I would already be there. I moved to Kraken only to find out they only margin from USD and that does me no fucking good. GDAX does margin trading. |
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Poloniex has now distributed bitcoincash to those who had bitcoin on their exchange. Check your accounts, people. They've also created markets for bch against bitcoin and ether.
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https://www.cryptocoinsnews.com/government-employee-fined-after-getting-caught-mining-bitcoin-at-work/According to a recently published disposition, a computer systems manager at New York City’s Department of Education (DOE), named Vladimir Ilyayev, was fined after getting caught using the DOE’s computers to mine bitcoin.
According to reports, Vladimir Ilyayev has been working at the DOE for over a decade and, after getting caught, wasn’t fired, but got a fine of four vacation days, worth an estimated $611, by the New York City Conflicts of Interest Board (COIB).
The employee installed a bitcoin mining program on the DOE’s computers that ran at night, between 6 a.m. and 6 p.m. This went on for an entire month in 2014, before he got caught by the DOE’s Division of Instructional and Information Technology.
However, this wasn’t the first time Vladimir Ilyayev attempted to use the DOE’s computer to mine bitcoin. According to the disposition, he made “five or six” attempts to install the bitcoin mining program, and in each one of them he was “thwarted by the DOE security software.” Since he didn’t give up, he eventually managed to bypass security protocols for a month. Four vacation days is a pretty low fine, and I expect he thinks it was all well worth the hassle.
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Its more crazy now than when juhan wu was injecting a ton of fake transactions to get the fee up. I thought segwit was supposed to solve this?
Perhaps it's proof that he was right about the necessity for big blocks? |
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High demand+ bitcoin scarcity
Not limited to this, but the need for Bitcoins is increasing with the increase in total users who are adopting it as well as the fear of hard fork is now settled as things have gone south for Bitcoins after Bitcoin cash got dumped by everyone and no support is being shown and the coin isn't entertained much. Thanks BCH, you gave Bitcoins this boost which we have all been waiting for. OP, the bubble didn't start yet as you are yet to see the whole picture from now onwards. There is no sign of increased adoption - the number of transactions every 24 hours has held steady at about 250,000 for months now. It has not been increasing. I think this is a pure speculative bubble. |
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There is a very strong resistance line at $4500, so it might touch it and pull back. I'm expecting btc to go under $4000 short term though as people inevitably take profits and the shorters start piling in.
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Bitgrail is an exchange, and checking it, it can swap your bitcoins into alts and then withdraw. Use doge, or litecoin or bitcoincash to move coins from exchange to exchange. |
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It looks like you got into alts when they were at their all time high.
When bitcoin rises, alts always go down - and that's because existing holders cash out into bitcoin in order to cash out into dollars.
I would take a break from alt trading for a week or so and get a feel for what is happening. Alts won't rise again till bitcoin pulls back.
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I have to say that as an American I'm getting increasingly frustrated with how our government is pushing back on crypto. I see other countries looking for ways to work with this new industry and all I see from our government is ways to regulate or flat out ban it. I'm going to head over to petition.whitehouse.gov and create a petition to back off of crypto. I know it wont do anything but we have to start somewhere.
In this particular instance, don't be upset, your govt may have saved you from a MtGox scenario. There have been a number of flags over bitfinex for some time - their mysterious hack last year, the high withdrawal fees etc. Take your coins out and be glad you won't be using them again! |
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It's now at $4179, and I think there is a resistance line at about $4500, so hang on for a wild ride as it tries to reach it! This is incredible - we are definitely at the Mania stage of this bubble.
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On Kraken at the moment it is $8 away from $4000 - we're going to see it happen tonight. What happens after that is anyone's guess - it's gone up something like $300 in about a day and a half, and it has to pull back at some point as people take profits.
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That's a very concerning thread. The most interesting comment was the following: https://www.reddit.com/r/PoloniexForum/comments/6t4tvs/i_managed_to_bypass_2fa_and_email_verification_is/dlits1b/The Poloniex database wasn't leaked. I found a user reusing credentials from another leaked database that had already been cracked. The user had 2FA, and I managed to use an exploit to make it useless, and another bug caused their email client to verify the transaction by just opening the confirmation email (due to improperly configured robots.txt). Don't re-use passwords, people. Make a new 14 character password for every site you use. Also, the email exploit where the email was being confirmed without clicking was an Outlook email. If you use Outlook, change your email to something else. |
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I think a retracement is underway at the moment. It hit $3975 on Kraken, but it is now below $3800. Maybe we'll have to wait till next week for the next assault on $4000.
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Price touched $3,934 on Bitstamp!
It retreated fairly quickly though as people took profits. Perhaps it will have another attempt to push past $4000 tonight. |
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Considering Charlie Lee is back in the game and there is a very strong roadmap ahead, I call for at least 150$ by next year at the same date.
What is he planning to do? His big idea was enabling segwit on litecoin, and it had a small pump on the back of that, and then fell back. Does he have any other ideas in the pipeline? |
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When do you think the correction will happen?
It's weekend and usually people tend to take their profits at the weekends.
People take profits when it hits round numbers. So $4000 is the target, and only after that is hit will it pull back. It's true that sometimes there are dips on the weekend, but that is due to the difficulty in moving fiat to the exchanges on the weekends. (I initially thought the Bitfinex thing would hold back the price, but the market is ignoring it for now). |
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I think we're at "Media Attention". CNN and Bloomberg are now giving updates on bitcoin and the bitcoin price almost daily. They're treating it as a stock.
We're past the awareness stage (which took place 2013/14) and are now into the first stages of Mania.
That's the fun part about this graph. While it gets posted during every growth phase it's almost always applied only to the current cycle, not the big picture. Plot twist being that all the cycles we've seen so far may just be blips on what in retrospective may very well have just been the stealth and awareness phase. Growth has been healthy so far, but it looks indeed like we may be entering the mania phase of the current cycle. Possibly even of the big picture. On the other hand Bitcoin might simply stabilize which would also be fine in my book. The best part of it is that the Mania phase is Yuuuge. We're just at the start and it has a ways to go. The trick is knowing when the whole thing is about to collapse at the Delusion phase and get out in time. |
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We can find Dgb coin on bittrex, poloniex and other more exchange.Few months Ago dgb touched 2600 satoshi but now it go back at 430 satoshi.so friends here what do you think about dgb future? whats going on to dgb?
Even at 430 sats, it is overpriced. It got pumped on the back of enabling segwit, when that was all the rage (remember litecoin did it at the same time). But no-one uses it. I personally think it will fall back to around the 100 satoshi mark. |
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