here is it : https://blockchain.info/tx/76e8ba354b6ad26a6af7124a0f3f66a66708865953db6634b4d018e279463301

For so long a debate has been going on, if Bitcoin is suitable to buy a cup of coffee every day and now we see this happening more often. A historical

place like this, only accepting Bitcoin?.... It must be a dream.   .... I am curious how they are doing this... some coupon system? I know we use a

coupon system in our local pub, to prevent "delays" with mempools being spammed.  

I think the most remarkable fact is not so much the absolute amount, but rather the tendency away from bitcoin.

http://coinmarketcap.com/charts/#btc-percentage

While the total market cap shows a rather smooth parabolic growth, there has been a sudden shift from bitcoin to "alt coins" in general. The most remarkable fact to me is that this quite violent movement away from bitcoin has almost not affected the global curve.

I can see 3 possible views on this:

- crypto is doing away with bitcoin's total dominance, and the market becomes more homogeneous and open, without this absolute dominance of bitcoin (which doesn't mean that bitcoin as a market leader is done already, but it is not a monopoly any more and its long term first place loss is a matter of time and erosion).

- this has been the hugest alt-coin pump and dump in history, and after all is said and done, when all altcoin believers have been shaked out of their last penny, all of this is going back to bitcoin

- there's going to be a natural ratio between highly speculative greater-fool money in alt coins and "safe heaven" bitcoin, not meant to be a risky quick growth stock any more, but a mature savings account.

I'm not from there, but I've been there.  It's a cool place - lots of people sitting around on laptops, a Bitcoin ATM and some space upstairs where Anonymous and other groups do meetings sometimes.  More than just a cafe, more of just a home for crypto enthusiasts in general.

Prague has long been home to opulent coffeehouses, where everyone from Kafka to Einstein gathered to debate the burning issues of the day. Fast forward to the 21st century and the tradition of the coffeehouse as radical hub continues in the form of Paralelní Polis’s Bitcoin Coffee in the suburb of Holešovice.

Founded by anarchic ethical hacker collective Ztohoven, the cavernous ground floor space is fitted with the industrial light fittings and paper honeycomb furniture found in hip cafes, but there’s a difference – the only form of payment accepted is the cryptocurrency Bitcoin.

I agree, there really is no point in approving it right now since there is no great change in bitcoins that can really change the minds of the people that will decide. Well, unless they pay off those guys deciding then for sure this will get denied and again we're looking to see another price boost in the coming weeks.

It isn't surprising that they're reviewing it.  They have incentives to - they'll appear open minded and they won't have as much effect on the price.  Makes them appear more neutral and reasonable and gives them a chance to consider Bitcoin's recent price movements, its volatility and how they could regulate it.

Buy the rumor, sell the news.

It is simply a correction. The price has gone way up over the past month. When the dust settles, its value will still be above its old value.

We probably won't see another LTC pump until there is news that Segwit is close to being released on the main chain and/or until it does.

@denny, haha... as I hit post I see that you beat me to it. 😁

Is it okay/wise to receive payments directly to the poloniex account? Especially if the payment to be received is an altcoin?
Because eventually the altcoin is to be exchanged with bitcoin, which will be done at polo so it makes sense to receive the alts directly there.
Same goes for buying altcoin too right? I can buy alt with fiat from someone and give them polo address to receive. Has anyone done this?  

I think it is being pumped to give the illusion that there is.

Why is Bitfinex not trying to get the message across as far and wide as possible? This looks very doubtful. Maybe they either dont want a lot of people to know theyre allowing a one time fiat withdrawal or theyre not really sure if they can make it happen.

I wouldn't be surprised if this was their MO. It would be devastating for cryptocurrencies there and would probably make way for other countries to adopt such measures. There goes "regulations are good for Bitcoin's future"


Correct, but would you like to pay taxes for everything and anything? By the looks of it, as countries collect further debt due to the crippled fiat system and the people who run it, it only seems that someday even breathing and dreaming will be taxed

Sounds like an easy trading opportunity. Wonder why everyone isn't buying LTC now.

I wait to bounce back, whatever time it will take? Except some very rare cases of shitcoins, if you bought a great altcoin, it will bounce back. Whatever time it takes to me, even a few years, I will wait ! If you do not sell you do not lose money !

That could be it. But you should remember that Bitfinex was hacked and had funds stolen that amounted to $65m. That is a very huge loss. So the issue that they might be insolvent should always be there and should not be avoided or ignored. MtGox was in an exact same position years ago. Roger Ver said they were solvent but they were really not. We know how that story ended.