Stop that. They are fully qualified in this area. We are not.

Right now miners are mining for purely sentimental reasons. Once that runs out this whole thing is like, soooo, over.

Give some others a try before giving up on exchanges. That's a very strange place that doesn't particularly want conventional customers. At one point you couldn't open an account with less than $10,000. Also moving fiat there is going to be very slow compared to the more retail focused places like Coinbase Pro, Gemini or Kraken.

Bitfinex's banking is usually secret and in some weird tax haven.

Which ones have you tried? I think you'll find that many will get it done within a few hours at the moment. You also have the ones that use weirdos on Skype to look at you and that'll be done in minutes. It's not like late 2017. There are not hordes of people rushing to sign up.

The less outsiders know about how you operate the better. Obviously that's not useful for a customer.

You can only go on track record and comb their comms for clues as to their procedures.

As for Cryptopia they were clearly a piece of absolute shit before this happened. Any site with over 100 wallets 'in maintenance' is not competent, let alone the tidal wave of customer complaints they've had for months.

This seems to be getting more and more prevalent. I don't understand what they're attempting to achieve.

All they're going to do is make people considering using them snort in disgust when they observe market moves and never go near them. If anyone's dim enough to actually sign up and deposit they'll find they can't actually use it.

This guy is going nowhere other than out the back of a plane in flight.

The Venezuelan army leadership have backed Maduro, though gawd knows why. That's the only opinion that truly matters. Unless the army changes its mind or splinters things will stay as they are.

And the most surefire way imaginable to unite the country behind Maduro is for the US to make an aggressive attempt to get rid of him.

Kraken has always been utterly hopeless for USD. For EUR I've rarely heard a moan.

You don't get no layer two without accessing it via layer one. In a successful scenario demand for layer one space would be enormous. It would be an occasional thing to interact with it, not every single time you move money.

Pretty much. You'd be surprised who won't send where. There are many, many sellers on Amazon US who won't send to the UK. Same goes for Newegg third party sellers. Bestbuy won't send to anywhere other than the US, Canada and Mexico and loads of other sites are the same.

And if you live somewhere like Morocco or something then it's goodnight completely for lots of stuff.

It's not about billionaires, it's about finding demand. There'll always, always be a significant buyer for Bitcoin. You might have to wait weeks or months if you have a ginormous shitcoin bag. I can imagine they're going to get a stampede of people with absolute junk that they can't get rid of without squashing its market flat. This will reinforce the fact no one wants what they have.

This would be a pretty radical move but it does make sense. A year has been more than enough time for everyone's merit to reflect who they actually are.

I see a few sig campaigns have merit requirements separate to airdropped levels such as 50 earned or 10 in the last two months. Either make that mandatory or drop the hammer.

Ideally the number wouldn't be reduced in the slightest. It would hopefully encourage posters to up their game accordingly. I can't imagine many will of course.

Gotta say I'm slightly shocked at how piddling the numbers are of people who've ranked up from any level.

I've had this in the past with Bitpay. I just gave up and came back a few hours later and it seemed to have cured itself.



I've used them for US stuff to the UK.

All they do is receive in the US and send out of the US.

It's up to you to make the customs declaration. It's the courier Shipito sends it to you with who'll handle all the customs stuff. If I remember rightly they give you a choice of the usual ones like USPS, DHL, Fedex and the speed you want.

At the moment exchanges are so dead compared to bubbly times that I can't imagine you're going to be in for any type of wait for verification. The last time I did it was for Coinbase a few months ago and that was sorted within a couple of hours.

Pick and exchange that works for you and register. If somewhere takes weeks then something's seriously wrong with them. They'll mainly be sitting around making paper aeroplanes waiting for customers.

If you want KYC free then it's not going to happen these days.



All of those would be at the absolute bottom of my list.

I think that's the next step. Upping it from 1 to 3-5 as a minimum would be the fatal blow to many dunderhead dreams. That's achievable but takes out the fluke factor completely. You'll actually have to be vaguely useful.

One of the prime attractions of OTC is the personalised service you get dealing with real people. Unlike an exchange you don't wind up as an ignored ticket number if something goes wrong. I hope they follow a similar pattern otherwise there are more attractive options out there.

I guess the main appeal would be OTC for shitcoins. Then again how much demand will there be for one billion dollars' worth of EOS? There's a reason OTC is only for the tippy top projects. 

Do you really think Samsung would want to get involved in custodial stuff or money at all? They're primarily a hardware company. They supply utility for their users to go off and do their own thing.

I'm very curious to see what they've put together. If I were them I would've steered clear of this unless I was totally confident. There's a lot of liability issues.

It looks like most people writing on here don't understand a word of English so probably not.

However as above it's not a refusal. It's a withdrawal brought on by the shutdown. Looks like they've decided not to waste their time while things are as they are.

https://www.coindesk.com/cboe-withdraws-proposal-for-vaneck-solidx-bitcoin-etf

“We were engaged in discussions with the SEC about the bitcoin-related issues, custody, market manipulation, prices, and that had to stop. And so, instead of trying to slip through or something, we just had the application pulled and we will re-file when the SEC gets going again,”

I presume that means endless months of deferrals again before the eventual proper refusal.

That's the luxury of being dead. All of one's problems are solved instantly and eternally.

All of this experimentation in recent years is heading towards what the core developers have been mumbling about all along - all necessary scaling is looking increasingly like an impossibility on chain.

There are two likely outcomes. Either something comes along that isn't BTC that does scale on chain which is more than possible though whether BTC is too entrenched by then is another matter, or it does the layer two thing.

If it is to be layer two then on chain transactions will be large and carefully planned which'll provide a much steadier fee situation than the current ad hoc spikes.

Without an exchange there's no way of setting the price. Localbitcoins will create its own prices either by referring abroad or settling on what local people will accept which is the more likely one considering how hopeless the local economy is. Both scenarios mean Venezuela has absolutely no effect on the Bitcoin price.

Locals can't get to foreign exchanges to dump or buy so there is no wider effect no matter what happens there. We see this in plenty of countries. In Iran the price was double the market rate elsewhere for a while. It's in a bubble so it'll be ignored by everywhere else.