This guy said the MMM ponzi declared "pause mode" (freeze withdrawals) a few days ago. Have they reopened withdrawals, or are they still blocked? It's difficult getting information about it by Googling. All ponzis collapse at the end of the day, and I'd like to be forewarned about the time the MMM ponzi will collapse.

Thankfully NotLambChop got banned. I think other bear trolls stop posting after proclaiming the price will crash then watching it soar upwards. I noticed a few impending crash proclamations on the way up but they are drying up now. The last one I spotted proclaimed $272 as the top and advised everyone to go short there. 

The rally to $1100 put Bitcoin in the spotlight and made most people aware of it. Plenty of people started using it, but it's still not mainstream. Most people are now aware of it but don't use it yet. They might start using it now the EU has decided exchange users shouldn't pay VAT, China is relaxing its attitude, and other areas of the rest of the world are officially accepting its use.

The last rise has been slow and steady over two months. The Coinbase pump to $300 was incredibly fast, and the dump afterwards was also incredibly fast. The latest slow growth we had is probably sustainable because profit takers won't be so sure the price will crash if they dump. After the Coinbase pump it was obvious the price would crash so everyone dumped.

The last halving was priced in by the time it happened. The slow steady rise we have seen is probably the halving being slowly priced in long before it happens. I think you're right about expecting lots of little price movements pushing the price steadily upwards until the halving. There will be little ups and downs, but overall a steady price increase.

Wasn't Codius abandoned this last summer? What use to Ripple is a neutral protocol for payments on the Web if its smart contract system has been abandoned?

A neutral protocol for payments might work, but the W3C moves incredibly slowly when it makes or updates a standard. The crypto ecosystem evolves too quickly to wait for the W3C. A month in crypto is like a year in real time.

I don't know if banking apps run under Windows, but I know those high stakes gambling machines do. I once watched a repair technician fixing one, and I could see the windows system while he was doing it. Those things can take thousands of dollars of a single gambler in an hour, though they produce a winnings slip for big wins that you have to exchange for cash. ATMs probably use windows too.

Do you know they switched banks a few times lately? Some posts on the previous page are about the changes. It could take them some time to change their software to using a new bank account. That could be the reason for your delayed withdrawal. It's strange how they switched banks twice recently though.

So little is known about Szabo. How did Let's Talk Bitcoin know it really was Szabo they were talking to? I tried finding out more about him and kept hitting brick walls. I found about two very old pictures that may or may not have been Szabo. There were differences of opinion about where he used to work and what his qualifications were. His identity is almost as secret as Satoshi's.

Last year there were people who claimed Bitcoin miners would all go bankrupt if the price dropped below $300. They said it was impossible for the price to go that low, and if it did it would be the end of Bitcoin. We have been below $300 for most of the last six months and the miners are still mining. We could go below $100 and enough miners would still be mining and keeping the network alive. The smallest miners would switch off while the difficulty dropped then stat up again.

It doesn't seem like they will be buying many Bitcoins. The nasdaq press release says they will be working with chain.com

http://www.nasdaq.com/press-release/nasdaq-and-chain-to-partner-on-blockchain-technology-initiative-20150624-00446

The chain.com blog at http://blog.chain.com/ gives this link to their explanation of how they intend to use the blockchain

https://medium.com/investing-2-0/wall-street-meet-block-chain-b2747909eb90

They say they will use the Bitcoin blockchain to move assets but that they will only pay pennies worth of Bitcoin for each transaction.


They also say they are looking at Stellar, Ripple, Side Chains, and ethereum to move assets when they have proved their reliability.

I think the price will start off initially high, then rapidly crash as people dump for profit. If the devs have given themselves big shares and they are short of money then they might also dump along with the investors. After the Bitshares IPO it went to the number 2 coin in price, then crashed heavily and is number 8 today. Ethereum might follow a similar path.

He probably means the gap with no buy orders shown by the yellow arrow. It was a nice evenly spaced run of buy orders, then that gap suddenly appeared with walls above and below it. The whole buy side looks artificial now, but the market is heavily manipulated by whales sometimes.

The OP says the month is not over yet, which suggests he still thinks we will be at 1200-1300 within six days. If he's right the price will have to go up 900+ dollars in less than a week, and I don't think its ever gone up that fast before. The November 2013 pump was close, but did it go up that high that quickly?

That's ironic, if their software uses zero day vulnerabilities to hack people's computers and Bitcoin wallets then isn't their software an illegal hacking tool? Selling their software sounds criminal, and anyone using it to hack Bitcoin wallets must be commuting a crime. Yes,the hackers who hacked Hacking Team committed a crime, but Hacking Team itself sounds like it's committing crimes.

It might be due to the ninja stress test that's been running today. During a previous one blockchain.info kept crashing. Other exchanges are having problems, earlier today Bitfinex went offline. There are about ten thousand unconfirmed transactions. The Huobi wallets might be affected by them.

I sent something from an exchange about four hours ago and it's been showing on blockchain.info for hours. The only problem is it's still unconfirmed. I think we'll be lucky if our transactions get confirmed by tomorrow. The stress testers are learning how to do more damage from each test.

I'm having the same problem. I withdrew from an exchange and couldn't tell them how much in transaction fees I wanted to pay. If I had known in advance I would have paid far more in fees to get my transaction processed fast. Blockchain.info said this every time I have checked for hours now.

Estimated Confirmation Time: Within 6 Blocks (Medium Priority)

Bitfinex is back up.

It's OK now, all my Bitcoins are still there, my withdrawal I submitted right before it went offline got processed, and all my orders are the same. Panic over, we can get back to normal trading now.

The Greek finance minister suggested they might start issuing digital IOUs to work together with their remaining Euros if their financial situation deteriorated more. Although he quickly retracted his statement,then resigned the idea must have been discussed at a high level. Bitcoins would be a great alternative to digital IOUs and ordinary Greeks might start using them if there are not enough Euro notes to go around. If the government endorsed their use the price could go extremely high.