As above, an absolute no to exchanges.

How many different coins do you want to store? If it's not a huge number then there'll likely be good enough individual wallets but nothing multi worth bothering with. Coinomi have long been threatening to release a Windows version but it's not here yet.

I personally would not have any wallet on any Windows PC.

https://www.sec.gov/news/pressreleases

Lots of action there.

Bitcoin itself has long been declared a non security but that's not to say it hasn't been used in abusive practices the SEC will pursue and prosecute. There will be lots of crypto bro sphincters tightening over the coming months as the SEC gets around to nailing them.

They were long warned that just because it's 'on the internet' does not mean they're exempt from the law. They chose to ignore that and will get their bum stretched because of it.

Nah. It's zilch to do with unit bias. Their Bitcoin volume will still dwarf everything else.

It's something to do with politics. Coinbase probably want to align fully with legacy finance and BTC is the one coin that'll put up a fight against that. If they could drive everyone into centralised bitch coins they would and they'll give it a try.

That premium would've been flattened and remained flattened if people from elsewhere could've exploited it. No one, but no one, leaves a 20% difference on the table. It doesn't matter how beefy one market is, everyone else would pour in and strip the meat off given a sliver of a chance.

I don't think we'll see a higher price this year than the ones we've already seen. It's looking weaker as time passes and there's no consolidation and there's no boredom, every sign of life is still leapt on. This is a breather on the way further down.

I'm happy to be proven painfully wrong.

He'll be betting on unwitting usage which is indeed the most successful, easy to spread and comes with a glossy coat, wet nose and the waggiest tail you've ever seen.

https://twitter.com/provoost/status/1039183325838098432

Relevant thread here.

I suspect a 'legit' stablecoin will open up a whole new world of weirdness and dodginess and I don't really see how they can completely work their way around it.

Unfortunately you've been scammed. Mycelium never acts as an escrow like Localbitcoins. The only thing the wallet guarantees is that people posting ads have the BTC balance they're advertising. Everything else is between two individuals. There are no quotas and anyone would be lucky to ever hear from Mycelium support regarding anything.

Report it to your local police with all the details and there's not much else you can do.

It kind of depends on where you are.

In Europe transfers are often free and can be instant between accounts. It's a very different matter in the US which has truly stone age banking in comparison. I don't think Europeans realise how bad it is and why Bitcoin is a bigger deal. A decent part of it is that use for actual banking makes proper sense in a way it doesn't in the EU.

They're nydfs approved and they're rolling. And you think somewhere like gemini isn't going to be fully compliant is every possible way? Of course they will.

Dunno about their peg mechanisms though. They don't have an inspiring track record.

Yeah. I'm inclined to agree. I can't really take Eth seriously since it can be paralysed by cryptokitties or spammed by Eos or hard forked because someone decrees it and everyone else is too clueless to object.

https://www.cnbc.com/2018/09/10/winklevoss-firm-rolls-out-new-cryptocoin-pegged-to-us-dollar.html

Running on ETH, approved by the  New York Department of Financial Services, is this a game changer or yet another near miss by the identical unfortunates?

Interesting that despite everything USDT is the one that continues to dominate. That TrueUSD thing doesn't seem to be doing much. I noticed Nubits has completely lost its peg.

Hype looks a lot better and lasts a lot longer if you hype the thing most likely to wind up fulfilling it. You can be positive about BTC and all other manure you attempt to force on to people at the same time.

Presumably there's some sort of voiced policy about not being too positive about Bitcoin. I'd love to see a rundown of why other than it not doing what they wanted it do in terms of scaling.

Between now and the next bubble is going to be very, very interesting as there'll be a shit ton of projects that die a horrible death.

However when mania returns there's no telling what will be brought back from the dead and pumped. It's a complete and utter lottery but I'll wager that people sitting on 'dead' coins may well get a surprise from a handful of them when someone presses the 'pump' button.

If they're still movable I'd put them on an exchange with an unfeasibly high sell price and perhaps one day I'll get a surprise.

For future people searching for this you'd be doing them a favour by telling them what happened. Though as above I don't see how you got ETH out with Electrum.

This figure is misinterpreted probably, but Bitcoin has probably already hit several million dollars each on places like Ebay where morons paid $10 for a paper wallet with 0.00000001 BTC in it. Unless it's a market of viable volume accessible to the majority of the world it's not a valid price.

In South Korea it was nudging $25,000 but since no one else can get money there it means nothing to anyone who isn't there.

If a billion people do end up in crypto by then, which I don't believe in the slightest, it'll be due to the one thing Coinbase hate more than anything else - Bitcoin.

2 BTC is a substantial amount of money, especially when multiplied over hundreds or thousands of fake accounts.

The EU is not exactly into the idea of unchecked finance and Malta is a tadpole in EU terms. They will be told to close the gaping holes that they permit and Malta will tell Binance  to comply or find a new home.

The options for anonymous money are shrinking constantly. Crypto won't be allowed to skip that.

https://twitter.com/SEC_News/status/1038905740222779394

The SEC just suspended Bitcoin Tracker One trading, the Swedish ETN.

So it looks like GBTC is officially back to being the only game in town for Americans and their investment accounts.

If ETH goes back to 1 dollar then you bet your bippy it's going to be possible again.

If I was anyone in the crypto space I'd wait before the bubble was fully deflated before declaring anything. What amazes me the most is that despite all these billions sucked up almost nothing of note has been achieved. If anything it'll have made most coins look more empty and useless than ever.

You'd expect a tiny sliver of constructiveness to have come out of it all but it's hard to detect any.