Exactly that. They don't give a single damn about what people think. The Chinese governments worries too much about the power and freedom people gain by using Bitcoin or basically any other crypto currency. Bitcoin is an ultimate tool to store wealth outside the banking and governmental system, and this is something the governments obviously don't like. People there are supposed to operate and move within the laws of the Chinese government, and everything that differs from that, will get eliminated by using the ban hammer. People however must understand that Chinese exchanges aren't banned, Bitcoin isn't banned, and whatever other crypto isn't banned - some people think that the latest regulations are a total ban, which isn't the case.

Yup. I am quite sure that even when the uncertainties around the hard fork are starting to show the first signs of affecting this market, some people will still point to China as being the main cause of the price to plummet. It was very clear from the moment the miners agreed to this hard fork, that it would form a massive obstacle for the growth that we have gone through this year, so it shouldn't be anything new or surprising. Whether it's China taking the price down, the overbought market correcting itself, or the 2MB hard fork, one way or another, the market would go down anyway before November. The difference is that the experienced investors and traders have taken profits close to $5000, and are now prepared for whatever levels this market will bottom at, while the 'rookies' will start asking questions why the price is going down, and sell at a loss.

Poloniex had the potential to grow tremendously in the forthcoming years, but they have wasted that with their idiotic behavior. Bittrex is a great alternative, and generates more volume.

Oh, I would never ever advice anyone to make use of that exchange after everything they have put their customers through. I find it mind boggling that this exchange actually managed to gain back its leading position in terms of USD trading. Everything related to the "hack" they suffered from stinks big time, and that's what a lot people were thinking as well initially. For whatever reason, at the moment Bitfinex cleared its debt, people changed their rightfully justified hostile attitude to one that is the complete opposite - this exchange suddenly became legit again in the eyes of the people, and the volumes of this exchange started to pick up again.

I can already see negative articles incoming regarding this, while in reality it's quite a decent opportunity to show what Bitcoin is capable of, despite everything going on there. If we look at how people in heavily affected areas are transacting, they are doing it in an all cash manner, while they in quite some cases have access to the internet through mobile devices. I see at least a decent bit of potential there. That being said, he has been quite loud with his ideas and overall crypto vision, but thus far it has mainly been big talk with not much action to back up all that. In that regard, I don't have much hope in hearing anything back from this when we are a few months away from the moment he did this interview.

Bitstamp, Coinbase and Gemini are probably the most strictest exchanges in the crypto market with their extremely high standards due to the laws they are subject to. That however doesn't mean that our personal information is safe there by default. I am fully verified at Bitstamp, but some times I still think about who or what has access to this information, how well secured are the servers this information is stored on, etc. It has nothing to do with Bitstamp itself, but more the overall idea of what exchanges are doing to protect our precious information, and who has access to them. Bittrex does however have several verification levels. If you want to get basic verified, you 'just' need to insert textual information such as name and address. You'll then have the ability to trade crypto vs crypto with a daily withdrawal limit of 3BTC. If you want to get enhanced verification, you'll need to submit ID and a selfie. This unlocks basically every feature, and you'll be able to withdraw 100BTC per day.

Poloniex has been going through quite some difficulties in the recent months, which has lead to a whole lot of Polo users to make a shift to Bittrex. People are complaining about not being able to cash out due to the required verification they need to walk themselves through, and if they want to have themselves fully verified, it takes months in some cases due to the staff not going through verification requests in an adequate manner for whatever reason. If you want to trade on an exchange doing everything, or at least a lot right to please their customers, then go for Bittrex. As long as Poloniex is not taking care of their customers, there is no way I would advice anyone to deposit any coins there.

It doesn't really matter what sort of wallet you use > the only thing you want to make sure is that you store your coins offline. It could be through a simple and cheap, but yet very effective paper wallet storage. It could be you just storing your digital wallet files on USB drives, and you can choose to go for a hardware wallet. In other words, wallet files, text files containing your private key(s), screenshots containing private key(s), etc, should never be stored on your computer or whatever other device that is connected to the internet. Even in case your device gets infected with malware, your offline stored coins will remain safe at all times. Better safe than sorry.

I have said it before, and I'll say it again > If you have to ask people whether or not it's a good moment to buy, then just don't buy! It shows that you have zero actual understanding of how this market works, and how trading in general works. If people advice you to buy, and the price happens to go down, you'll blame them for giving you wrong advice. If people advice you to not buy, and the price happens to go up, you'll again blame them for giving you wrong advice. Do some rookie-level-research and find out for yourself whether or not it's a good time to enter the market at current levels.

Exactly that. In some cases when Bitcoin happens to tank, you'll see certain altcoins increase in value, like what used to happen with Ethereum not that long ago. In this case everything related to crypto is heavily under pressure due to the Chinese regulations, and thus there is no crypto safe haven - the only safe haven is fiat for short term traders. Important thing to note is that the crypto market moves on quickly - whatever happens (look at the Bitfinex "hack" for example), people move over it and act like nothing has happened. It doesn't mean that this is the right way, but at least it's something that pushes whatever form of negativity under a pile of dirt. It won't take long before people forget about China and start panicking over the upcoming hard fork event.

If banks manage to tie fiat to a digital token, people won't even feel the difference between transacting in an online manner, except for the fact that transactions settle instantly, and not with the next working day like is the case right now. That being said, I think it's the banks that aren't really looking forward to provide such a user experience - they won't mind it to keep transacting in the old fashion way where you as customer depend on working days for transactions to settle. It's a system they want to keep alive for as long as possible, without giving people too much freedom, because at the end of the day, that's al what it is about > them not willing to give you the freedom you deserve.

I wouldn't focus too much on this because everything stinks when it comes to Bitfinex. Do you think it was coincidence that Bitfinex managed to buy back its outstanding debt at the moment the price of the stolen coins doubled in value? Definitely not. There is absolutely no way to prove this, but I am fairly sure that they somehow managed to 'borrow' enough funds with these stolen coins in pawn. Or they blatantly liquidated a large chunk of the stolen coins, which is also possible - either way, the outcome for people with debt tokens was positive, and that in a quick fashion.

Troll boxes have zero value due to them being infested with idiots pretending to be something, while they in reality are nothing. If it was up to me, the minimum balance to have access to the chat would sit on $100,000 and up. It will likely exclude 99% of the people, but at least it makes you get rid of the cockroaches very easily. Or simply delete that entire 'feature'.

No trader with a properly functioning brain will ever leave any actual funds on this exchange. It's okay to wait and see how things play out with the debt tokens, but that's pretty much it. Glad that WEX kept its word and returned as promised, but people will flow out slowly but surely. I wouldn't be surprised that the majority of the current (non token) volumes are being inflated by WEX itself.

If we combine our efforts on a global level, we can get the banking system to sink very deep, but the far majority of the people lack the courage to do so. If we look at the average joes, they are quite happy with how everything goes in their life. They have a decent job mostly, can pay their bills without much problems, have a decent chunk of fiat burning, ahum, rusting in their bank accounts, are quite satisfied with their bank since it is by default a safe and trusted place to store wealth, etc. These people have zero incentive to start a new revolution, and they lack the balls to do so. If we want to achieve something, we need these average joes to cooperate, and this is not likely something I see become reality any time soon.

This shows that regulations aren't necessarily a bad thing when implemented fairly. I am a great supporter of proper regulations that are meant to not break any laws, have ancient laws updated to meet the new standards of technology, and eventually allow people to make the decision for themselves whether or not they end up investing and using crypto in their own preferred way. Too bad that there are certain countries not willing to change for the better - crypto is something that should be openly welcomed, and not avoided. I am fairly sure that within 5 years, the far majority of the countries in the world have set up proper regulations that fit in this techology filled era. I am a proud Bitcoiner looking back at how far we have come, but at the same time knowing that this is just the start.

So you can buy back your coins at premium levels the year after that, right? With the demand for Bitcoin only increasing every year, more and more countries regulating and legalizing Bitcoin, institutions being very close to entering this market with their insanely deep pockets, it only makes sense to keep holding. If you know how to trade the market, then definitely do so, but if you think the next year will be the perfect time to unload your holdings, then the consequences are for you to swallow. I hope for you that you aren't one of those people opening these kind of threads in the next few years -> Hello, is $15,000 still a good price to buy?

You seem to be rather uninformed as well. Exchanges are no longer allowed to offer any kind of CNY trading pairs, and that's not the result of exchanges not being licensed properly. Exchanges such as OKCoin, Huobi and BTCC are properly registered and licensed, but still have to act in form of halting CNY trading. All other activities that fit within the portfolio of these exchanges keeps running normally, because they are not affected by these regulations. Is it possible that even these non CNY activities will end up being targeted by the Chinese government? Who knows, but for now there is not much that we can do other than to wait how things will play out in the coming weeks/months.

Bitcoin can't get surpassed in any shape or form. Yes, there are altcoins offering faster confirmations. Yes, there are altcoins offering cheaper confirmations. Yes, there are altcoins offering privacy centric features. This all means absolutely nothing for Bitcoin - despite all of the mentioned benefits that altcoins enjoy, people want just one thing, and that's the original and most secure network, which happens to be Bitcoin. Nothing in the world can change this. Another thing to point out is that a lot people look at altcoins having faster and cheaper confirmations, but that's mainly due to the fact that they barely enjoy any actual network usage. Just look at what happened with Ethereum at the time it had to handle a whole lot of usage - its network suffered big time, and fees shot up like a rocket, and that while Ethereum was fast and cheap according to people.

At this point the only thing I expect from WEX is to offer me at least 90% of the 1:1 token value, and that's when I will be leaving that exchange for good. I have zero interest in trading there because of what has happened - at the end of the day, it was an important and costly lesson to learn from. Tokens are trading at 50% of their 'face value', and that's the result of the long time it takes WEX to buy back these coins, at least, that's what they want people to believe. It's nothing more than an attempt to crash this market even further to buy up all tokens in existence. I don't fall for it as I want to get as much back as I possibly can. Regarding Bitcoin Cash, just dump it and enjoy your Bitcoins.

Basically every exchange or service operating from Hong Kong will remain unaffected from Chinese regulations, till the exchanges there announce otherwise. Bitfinex for example, is a Hong Kong registered exchange, but they have nothing to worry about because they don't offer any trading pairs involving the Chinese Yuan. The only possible scenario an Hong Kong registered exchange *could* end up suffering from Chinese regulations, is that they will longer be allowed to have any active Yuan trading pairs (which as mentioned isn't a problem for Bitfinex), and that they shouldn't be accepting any Chinese registrations (which *might* eventually be a problem for Bitfinex). It's nearly impossible to get a proper overview of this whole situation due to the lack of factual information. It's just China looking to ban Bitcoin exchanges involving Yuan trading, and that's really it - there is no way to know how far these regulations will stetch out.

If China did this, or if China did that, then things would look like this or that - if has zero value. China is known for interrupting the growth of certain sites and services (doesn't just relate to crypto) by using their ban hammer. Bitcoin offers one, actually two, very important features; 1) It allows people to lock their wealth outside the reach of their government. 2) People can use Bitcoin to move their wealth from their country, to another one, and that in a matter of seconds. These two aspects of Bitcoin are what the Chinese government fears the most, and that's pretty well known in general.

It's looks like it is something very ground breaking, but in reality it really isn't. It's just them registering a domain for you, with their own details (whatever those may be), but you have access to these domains whenever you want. Important factor here is that you agree that legally, they (Njalla) are the rightful owner of the domains you purchase through them. As far as their pricing levels go, it's €15 for the most common domain extensions (e.g .com, .org, .net, etc), and then increases up to €75 for a bunch of garbage domain extensions. It will definitely serve some people, but it's an incredibly small market they have put themselves into. People in most cases have no problems registering domains, knowing that they can put themselves behind a whoisguard wall.