Since Bitcoin can be forked by anyone and at anytime, I doubt it makes sense for brokers like Coinbase to just support every fork that comes along.
Also, it confuses the public to support more than one forked coin. The very reason why Coinbase didn't support the purchasing and storage of both ETC and ETH on their site. Why should they? Why would they want to create more headaches for themselves?
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So how you guys liking that back-and-forth wash trading?
Feels just like a groundswell of overwhelming public demand, doesn't it? At this rate we'll be over $5K in no time! /s
$5K is a done deal. Interesting question is if we go over $10K by the end of this year? So sure are we? Hope that you are right, but I'm curious what you are attributing that to. I'm not sure that Average Joe, after reading the headlines about BTC-e's demise and that bitcoin is used by criminals, will be falling all over himself to buy ANY bitcoin right now. Especially when he has absolutely no fkn clue what either SegWit or SegWit2X are, nor does he care.
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So how you guys liking that back-and-forth wash trading?
Feels just like a groundswell of overwhelming public demand, doesn't it? At this rate we'll be over $5K in no time! /s
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Yeah, fuck, I am sorry Torque that you shorted or sold or something in the $2400 territories, but it seems that you will be very lucky if you are able to get back in anywhere below $2600 - and that might be a considerable stretch absent some very convincing FUD - because ordinary FUD is not likely to damper the current ongoing upwards BTC price pressures. In other words, sorry for your loss.
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Is anyone surprised that an anonymous site run by russians wasn't a hive of money laundering?
No I don't think anyone is actually surprised. It's just the timing is conspicuous. The articles state that the FBI had been watching Alexander for months, possibly longer as they were working on the case for a year. So why move in now? Why not in January, February, March, April, May, or June? Oh, right.... "they" were too busy running up the crypto market then. Same with moving in on Mt. Gox.... came after the peak.
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To the Oligarch market manipulators, bravo! Well played! Your FUD on BTC-e was timed perfectly with the double top! And to think, you didn't even need to print "China bans bitcoin!" this time.
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http://www.reuters.com/article/us-greece-russia-arrest-idUSKBN1AB1OP?il=0Article quote: "Since 2011 the 38-year-old has been running a criminal organization which administers one of the most important websites of electronic crime in the world," police said in a statement, describing an alleged money laundering operation that "legalizes proceeds from illegal activities". I guess the Powers That Be were really pissed off when Avenger Joe held up that "Buy Bitcoin" sign behind Janet Yellen's head. PTB: "This is a disgrace! We can't let this happen! We need to keep Average Joe from buying bitcoin! Quick, go arrest someone and make an example, serve a warning!"
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If the BTC-e story is true, what is the likely effect it will have on the price?
Will be minimal if any effect at all. This time gov-banking oligopoly couldn't confiscate bitcoin holdings of the exchange like they did to MtGox. I believe that something else is up too. The oligopoly want to control both bitcoin and its users. That means removing potential actors that they can't control. Notice the recent announcement of the approval of the CFTC to allow option swaps with bitcoin through LedgerX? Yeah, they want to control the bitcoin market just like they control the metals market. They don't want money leaving the market through any side doors or back exits (unless they themselves are doing it).
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I am somewhat in favor for another purge of the ecosystem so that any remaining complaints like "Bitcoin is only used for crime" get left behind.
And yet the mysterious ESF and big banks like Citi, JP Morgan, and HSBC are allowed to launder billions of black market U.S. dollars per year with impunity. https://www.youtube.com/watch?v=R5Y4UGPQTLg
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The longer btc-e is down, the lower the price will go on speculation that yet another exchange was hacked.
Yikes. I bet their troll box guys are starting to freak out. Wonder if they have any connection with the AlphaBay stuff?
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Wut? No free cash, Bitcoin Cash Plus will be the REAL Bitcoin Cash! *
* As satoshi intended. Haven't you read the whitepaper? blah blah?
Nah, thatīs a shitcoin. The truly gem is Bitcoin Cash Plus Classic Those all shit coin. Bitcoin Super cash Plus will rule all. Bitcoin Unlimited Infinity Cash Token Plus 9000 TMIt'll have 64 TB blocks. Transactions will be so fast they'll go back in time. Top that bitchez!
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Oh snap! Let the fines fly.
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Yeah, fuck, I am sorry Torque that you shorted or sold or something in the $2400 territories, but it seems that you will be very lucky if you are able to get back in anywhere below $2600 - and that might be a considerable stretch absent some very convincing FUD - because ordinary FUD is not likely to damper the current ongoing upwards BTC price pressures. In other words, sorry for your loss.
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since when is going along with a agreement made by a large chuck of the relevent actors manipulation?
Since when is trying to do things outside of the Bitcoin built-in consensus rules not considered manipulation?
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I've been think about forking a new coin called "Ether Cash". Or "Dash Cash". Maybe both. Can't decide. But I'm sure they'll be hits right out of the gate.
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Best comment Roger, you wanted big blocks and you're getting them with BCC (8M). Honestly you should support it now instead of waiting for Segwit2x which is 4x less increase. If your logic works both ways, we can expect you to dump all your BCC if the 2x gets adopted. Am I the only one here who feels you're trying to manipulate users who still trust you with this scam? Exactly, if Roger and Jihan really felt that bigger blocks mattered more than the Bitcoin name and community itself, they would have forked off 2 years ago. To create BCC now is just more FUD for more market manipulation. They've been playing both sides this whole time, to make money off the r/btc and ETH and DASH greater fools.
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Relax guys, even ViaBTC is now saying that they intend to adhere to the Segwit2x agreement: https://www.bitcoin.com/public-service-announcementAs suspected, it was just a game theory move (a ridiculous one though) to exercise some pressure to "guarantee" the second part of the agreement (2x blocksize). I don't even think the drop has been due to this... it's just a minor correction before propeling to new highs early August. Are you kidding? They propped this BCC altcoin up for one purpose. As the 2X date approaches, they are going to have loads of fun switching their hashrate back and forth from Bitcoin to BCC blockchain, in an attempt to strong arm the core developers/community and FUD the shit out of the market and cause massive amounts of hysteria, fear and price volatility. Mark my words. Roger and Jihan will be cackling with glee the whole time.
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What's wrong with btc-e?
Offline it seems.
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