Even some of the the top competitors of ShapeShift have been know to selectively scam people. The have been known to hold crypto for hostage to randomly require KYC for “suspicious transactions”. Even after fulfilling the KYC requests, they can take months to release the coins, if ever. And for the author I think you should name names with this one as it would actually help other readers as well to be aware of this kind of situation which is usually common in these kinds of services. It's Changelly again. I haven't heard of anywhere else of that nature attracting that much hatred and screaming about this, or any at all in comparison. There are also plenty of theories about its links to HitBTC, Freewallet, Bytecoin and other services that have a questionable rep.
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I mean compared to other exchanges. I use Kraken as well and i've never had any fiat withdrawal problems there.
The other thing that bugs me is that they don't even admit to having problems. They tweet about having processed billions worth of withdrawals in October, yet they can't process mine and those of other people i've read complaints from?
Kraken's had their fair share of problems too, primarily with USD. Their EUR banking relationship has always been rock solid as far as I can tell. Bitfinex themselves have said they bank like criminals, opening shell accounts and keeping banks in the dark. That's not going to be conducive to smooth sailing. And of course they had no banking for months a while back. I wouldn't ever bother with them for attempting to obtain fiat. There are better options and always have been.
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Craigh is a psychopath. I just imagine how many are commiting suicide, because of his actions.
How many families destroyed, fathers without money for Christmas, old people who wanted the money for treatment, etc.
I just imagine those poor people in Venezuela, who were fucked up by communism, trying to buy food with bitcoin.
These guys from the bcash camp dont have any conscience of their actions.
No one said it was going to be easy and the process of crypto's birth is going to be messy and bloody. Everyone should've made themselves aware of the possibilities. It'll be fun if Bitmex drives the price to zero since the nutters who populate it only get paid out in BTC too. That would teach them to put two and two together finally.
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Today has been the embodiment of a phrase that's popped up a couple of times - bulls take the stairs. Bears take the window.
May anyone feeling the willies right now wake up to a brighter dawn.
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This was the case in 2014/15. I remember reading the crypto news and hearing a lot about further investment etc constantly, but was dismayed that the price didn't react. I hoping the same happens this time. Development of LN will hopefully help too.
To be fair most of the stuff put together during 2014 sounded incredible but didn't amount to much. Plenty of it disappeared without a squeak, 21.co, Buttercoin, Circle's BTC retail. This time around it's an order of magnitude more heavyweight. You don't get any bigger than stuff like Bakkt though I fully expect it to launch to overwhelming indifference.
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But of course. I'll be staying put until 2020 and then having a mull. Despite the current grind the amount of money and effort being thrown at growing this space is not letting up and that counts for more than a bunch of punks on Bitmex. At some point it's going to bear fruit.
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and do I there add Charlee Lee to this list?
What's he ever done to anyone? He publicly sold last year pretty much at the peak. You're right about the SEC though. As time passes things look more warped than ever. I don't think ETFs had much of a chance to start with. It's definitely looking less appealing than ever.
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In short he says GBTC has corrected substantially and is oversold, with a very low premium. He also states that the Bitcoin ETF under review by the SEC has an 80% chance of NOT getting approved. He then states he should have logged into his Retirement account and purchased some before stating this in this video. He said that he will log into his retirement account after making the video and buy some GBTC. Why the FUCK is anyone listening to that guy?? If you'd have ever met him personally like I have, you wouldn't ever look at a chart he drew. Ever. Well he was right on this GBTC call. He was very critical of GBTC when it was trading at a much higher premium. But he does come across as arrogant for sure. His calls for BTC lows were being sneered at comprehensively just a short time ago. Now it's possible they may be totally on point. He's still a silly billy with very creepy hair though. Since GBTC launched after the low of the previous bubble it's going to be dead interesting to see how it reacts to all this.
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While $1500 is conceivable, $50,000 was conceivable too until it wasn't and more than a few silly sausages in the media were predicting that as well. It's going to be interesting to see the reporting on it compared to 2014 when the profile was that much lower. I think we'll see the 2-3 grand level but then again 1500 isn't much below that.
Time to go off and build toilets for desert island unfortunates for a year or two.
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I just want them to stop spamming the network.
I need to take the fractions I bought from the exchange, but the fees are too high.
I think we can be certain that this time around the cloggage is entirely organic. On top of hash rate going to the Bcashes there's that good old panic dumping too. People run for the exits even when there's not enough room for everyone to squeeze through. Either people will be saved or outraged. We'll see what happens tomorrow I guess.
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Gimme that hat ! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) EDIT: Thanks man ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Let's get this shit done with some good old fashioned merit abuse.
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If a global borderless uncontrollable currency can be felled by three assholes then it doesn't really deserve the title, not that it's entirely down to them. It's sentiment piling upon sentiment to form a cascade effect. Once the bots join in then the train will have left the station and won't halt until the destination has been reached.
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Um, you do realise ETH is a hard fork of... ETH, right? ETC is the unaltered and uncompromised ETH.
Bitcoin itself has never hard forked. The more alts that do fork off it and prove to be a worthless heap of shit the stronger its position becomes. It's like ants crawling across the back of a rhino. Everyone knows what the real deal is.
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Whats different now: 1. China is OUT. 2. alts don't pump anymore. Like, at all, thanks to: 3. KYC fucking bs with exchanges. This means that: 4. crypto is no longer fun to play with.
We wouldn't have gotten the bubble we did if China was IN. Alts went up so outrageously on such a stunningly empty basis that I'm amazed any of them are worth anything still. When will you accept KYC as the next inevitable step to more people getting involved? It won't happen without it. It'll be fun again. Not for a goodly while though.
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Cor blimey. What's it going to take to get him to give up? At this point he's setting on fire whatever it was caused him to be invited on all these shows to spout off. Better to blow his brains out on air. That would be the definitive statement the world is looking for right now.
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Would be nice to get new Enky comment.
It's still going the way he predicted so there's no need for him to make a new comment. I follow him on Twitter but he's clearly a man of action, not words. Haven't heard a squeak for months.
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The one time most young people get enough free money to play with these days is when their parents cark it and leave it to them. More than likely they'll rush straight into property as it'll be the only chance they ever get.
Ideally young folks will drive the creation of a fully functioning and increasingly separate crypto economy. That's more sustainable than just parking investment money and doing nothing.
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We should do bets. How long do give faketoshi before his money run out? Is faketoshi going to keep pushing till the end or is he going to give up to save at least some of his fortune? I saw a video where Trace Mayer offered to buy Craig's Bitcoins if he doesn't want them anymore ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Fairly sure it ain't his money and I'm amazed he managed to fool that Calvin geezer into believing the rest of the world thinks he's anything other than a deranged psychopath. I've seen mentions from him that he'll keep going until 2026 making a loss. I think Calvin is more than likely to pull the plug rather than let an antipodean maniac flush the last of his pennies down the toilet. I think we'll get a resolution pretty rapidly no matter what it winds up looking like.
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May be, his crystal ball is broken?
His crystal ball diverged from the predictions that made his rep a long time ago. I'm still interested in what he has to say but he's just as human as the rest of us. He had a good run all the same. Maybe he'll bounce back.
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Bitcoin survived 2011 and it survived 2014. What makes this time so different? It's a normal phenomenon for almost anything that it will go through cycles of bull and bear. It's the same with stocks, real estate etc. Bitcoin's time will come again, the question is not really if, it's just when.
This time around though we may be contending with a meltdown in the wider markets in which case things get a whole lot muddier. Bitcoin rose during an unbroken run upwards in everything. If that changes it could mean several differing outcomes.
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