lol. it looks like block explorers are having some trouble keeping up with the upgrade. surprisingly, blockchain.info is leading the pack in successfully dealing with segwit: https://twitter.com/petertoddbtc/status/900541884564742146

fortunately, the network seems to be functioning properly and any soft fork activation FUD has now been surpassed. no sign of any chain splits that i can see. onwards and upwards! now we just need to deal with this pesky bitcoin cash matter, and well, the segwit2x matter, and we can be done with it.

they mentioned bitfinex's verification system. in their case, there is no verification to trade against fiat currencies. only deposit/withdrawal require it.


i think this is what most people are hoping. basic KYC information (unverified by actual documents) and maybe SMS verification. honestly, i don't see how they could expect to operate any other way. if they require documents from everyone, customers will be crying all over the internet that they can't withdrawal. the exchange doesn't want that.


many people had multiple accounts, and mt4 accounts as well. i really wonder how these accounts will be dealt with. what a shitshow...

oh, for sure! i actually agree with that. i'm not trying to give up my documents. it's not clear yet what btc-e means by verification. they mentioned multiple tiers. by the standards of other exchanges, that usually means at least one, if not two tiers that do not require giving official documents to the exchange. things like name, address, phone verification.... i can live with verifying a phone number with btc-e (hopefully a burner or third party SMS service will do). passport, utility bill? no thanks...

it's not clear what they meant. if they required physical documents (especially notarized and sent to malaysia as they did previously ) then it would take years to verify everyone.

they said they would do tiered verification. they referred to bitfinex. the strange thing is that bitfinex allows USD/cryptocurrency trading and crypto withdrawals without any verification. maybe they meant to refer to bittrex? we'll have to wait for the next update. hopefully it will all be spelled out then.


nothing to lose at this point. only something to gain. i don't have any real expectations, but might as well keep watching.

there is a difference between literal threats and force (coercion) and the idea of economic coercion. economic coercion is when the controllers of a vital resource (say, 99% of miners in the ETH/ETC split) uses their advantage to compel people to do something they wouldn't do if this resource were not monopolized.

in other words, if users and services believe that in order to have reliable transaction confirmations they need to switch to the miner's hard fork, this is coercive. they wouldn't necessarily have followed the hard fork if not for the supermajority of miners exercising control over a vital resource (hash power).

"without any pressure?" i don't know about that. the only thing we know about the whole btc-e situation is that we have very few facts. the silence from btc-e is expected (sensible, in fact, if they are in fact to relaunch, which i think is still doubtful unfortunately). but the silence from the feds regarding fiat monies frozen/seized and that supposedly mayzus voluntarily froze the accounts tells me there is more to this story.

maybe the feds are/were using mayzus to gather more information on the btc-e admins. maybe he is working with the feds, and that is why he had full control over their fiat money up until the day that he supposedly froze the accounts.

that's my take. and it goes both ways; we can't hold the lightning network up to be the answer to all scalability questions, because we haven't seen it work in practice. some tests, sure, but nothing on mainnet, and nothing at the scale that we need to make it useful for bitcoin.

i'm not concerned about centralization and hub-and-spoke as long as the trust model is secure, and there is no custodial trust involved. as far as i can tell, there isn't, so i fully support LN. how much value it will provide remains to be seen.

*does not compute*

if we keep splitting the network, we're diluting the base of prospective investors (now they have multiple forks to choose from to invest in). more than that, they'll be confused, especially since there's supposed to be only 21 million bitcoins, but apparently, there are multiple forks of bitcoin. this throws into question the whole idea that bitcoin is deflationary, since it can just be forked and new supply created.

if it were just "free money" that would be great. but if you can sell it, it means someone is buying it. it means there is *demand* which means less demand for BTC. i don't see how that makes BTC stronger.

in trading, i'm more worried about co-located high frequency trading, not simple algorithms. in other words, bots that have far superior time lag considerations and can front-run regular traders (and the bots they run) on virtually all trades made on the exchange. the exchanges are crawling with bots today, but they are still very much beatable.

i suspect that ledgerX and future bitcoin etfs will be much harder to beat for intraday traders. so, like stock trading and forex today, we'll just have to zoom out and trade the longer time frames (4-hour to 1-week, rather than 5-min to 1-hour, for instance)...


nope. we're just an old school forum here. welcome, by the way.

i'll admit that BCH is still holding pretty well against BTC. it's not immediately dumping back into its old trading range, so it's probably consolidating for another leg up. if so, do you expect this to mean another leg down for BTCUSD? while BCH was rising, BTC was falling, so i'm thinking that's what will happen again if BCH makes new highs.

i think i'll sell a good deal of my BCH into the next wave up. if BTC breaks down below the last pivot, then i'll probably also buy the last resistance that we broke above ($3400-$3500). resistance becomes support and all...

"crashing?" since the bottom in the $1800s, we can't get more than a .236 retrace! i'd love to see a "crash" because none of my bids have been getting filled lately. $3300-3500 would be lovely...

i'll agree, though, that BCH looks bullish. against BTC, it's still flagging bullishly, consolidating pretty close to the recent highs. it's probably got at least one more leg up. since BCH pumped while BTC dumped, i'm hoping we can get one more leg down in BTC.

it's not the same as coinbase. coinbase is a third party wallet/exchange service. blockchain.info doesn't control your bitcoin/private keys. with their bitcoin wallet, each user has a bip39 seed and they can also export private keys. the same applies here; ETH holders using the blockchain.info wallet have access to their private keys. the same is not true with coinbase.

it's still not ideal, though. in both cases, a lite desktop client provides superior security for a minimal loss of convenience.

it looks like they sent you a template error message. the template was created before they stopped allowing direct emails to support@coinbase.com. i think they stopped allowing them just a few months ago due to the increase in customer base.

i know it's a shitty situation. a lot of people on several different exchanges (poloniex and bittrex come to mind) are having similar problems with frozen accounts and stuck withdrawals.

there's nothing you can do except wait for them to respond to the support ticket, and go from there. provide your proof at the earliest direct response from them. i would feel the same as you in this situation, but given how focused they are on legal compliance, i think you will get your funds back. it just might take a little while.

the shadows (wicks) can occur in both directions, because they are based on the highs and lows, not the opens and closes of the candle. so, here is an example:

open: 100
high: 150
low: 50
close: 100

this is a doji candle. the market pushed both up and down (above and below the open and close) throughout the candle (creating wicks above and below the body of the candle). this particular market action gives the appearance of a "spinning top" which indicates market indecision. as someone else mentioned, a tug of war is happening when you see these wicks printing.

if you were beating those games, then you can beat this market. i'd get in now before it gets overtaken by high frequency algo trading. there is still so much money waiting to enter this market, too; i prefer to keep most of my trading funds in BTC, and use that as collateral to 1x-10x long/short BTC, or to trade altcoins (no margin).


honestly, i'm mostly self-taught. i did extremely well partly by being in the right place at the right time in this market, and by having good teachers (starting with lucif/masterluc here on bitcointalk). i picked up a lot of pointers in the tradingview.com crypto chat (but now it's pretty much overrun with poloniex trollbox refugees, so the quality has gone down a lot). as far as book recommendations, i can only offer "Bollinger on Bollinger Bands."

this gives a good taste of what i mean by classical charting techniques though:
https://twitter.com/bbands/status/888432347736965120

their original message to you is strange considering they never accept documents through email. maybe this case is different because of the supposed login from iran. when you attempt to login and see that message, all functionality is locked? you can't go to "account settings?"

i'm gonna level with you here. if there really was a login (or many login attempts) from iran, this could take weeks to sort out since everything will need to go through their legal team. dealing with their customer support is already terrible right now due to the crypto bubble (and therefore influx of new customers). the last time i submitted a ticket, it took me a week to get an answer from a real person, and even then they only gave me a boilerplate response.

if i were you, i would try to be patient. it sounds like you need to go through their support system and it will probably take weeks. hopefully you're alright with submitting your documents. i don't think they're out to steal your money; they're one of the more trustworthy exchanges out there.

given ETH's value, this will definitely make each individual account more valuable on average, as people start using the service to store their ether. so yes, strong password and 2-factor is a must, as hackers will begin devoting more resources to hacking blockchain.info wallets. the other issue is MITM attacks. they recently had more VC funding, so i hope they have put a lot of money into making sure their service isn't compromised.

that's my biggest fear with using their wallet. it seems much safer to use a dedicated desktop wallet that you have control over. a lite wallet like electrum is really not very resource-intensive, and you can also use 2FA with it.

be glad that you only have ~$100 stuck there. i know someone with hundreds of BTC on poloniex who has large stuck withdrawals. every day this looks more and more like cryptsy. this is just anecdotal, but from looking through the twitter and reddit threads, it's really beginning to look to me like they are letting smaller withdrawals through and leaving larger withdrawals stuck.

one could make the argument that larger withdrawals need to be manually checked, but given that many of these complaints stretch back weeks or months, it's starting to look really bad.

interesting. i played professionally online (MTT grinder) until black friday. then i stumbled onto bitcoin after hearing about sealswithclubs (that didn't pan out) and never looked back. it sounds like your background is live poker?

it's all about running the numbers. chart and candlestick patterns provide setups with a certain probability > 50% of succeeding. the key is to manage your risk, so that you cut out any big losses. you want big gains, small gains, small losses. once you can analyze charts well enough to consistently make EV+ trades based on proper risk/reward, you can be a consistent winner even if you are only winning 50-60% of trades.

i would focus first and foremost on learning classical charting techniques and range expansion. i highly recommend looking into bollinger bands. good luck.

this is the big issue i see. at first, i was excited, since MEW is occasionally unusable/service down.

with the ICO craze still in full swing, and airdrops still flowing left and right, it'd be great to have more options for reliable web wallets with access to ERC tokens. i don't really need another web wallet just to store ETH. i have a desktop client for that. hopefully they will add support for ERC tokens in the next few months. i'm sure there is demand for it from their customers.