This would make up for an interesting case of the year. Once the ruling is out, we will see how judges and juries treat bitcoin and whether or not they'll favor with crypto or the banks. For me, that's already a shady business practice on what the above-mentioned banks are doing, and it wiuld be injustice if the court would rule in favor of Chase. Idk but if Chase treat crypto purchases as cash advances, shouldn't other things bought using their credit cards be treated as cash advances as well for they are essentially buying things from the banks' money.
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If eCommerce were to get in to cryptomarkets then yes, the lightning network would help ensure bitcoin dominance. If not, I don't think it will even be that significant to begin with. Well, LN is already helping the network in its own ways, but for people to really see its worth, there has to be some large volume of transactions coming in, else it's just another option for people who want to just try it out or avoid the expensive fees on the main chain.
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Tether and Bitfinex have always been the hotbed for controversy in the cryptomarket due to their shady dealings with relatively unknown companies and undisclosed assets, especially Tether. These controversies have always lingered between the two companies and are making a comeback now that bitcoin has finally found some kind of a good streak. Perhaps you're right that the media is helping suppress bitcoin's growth by timely publishing such reports and look where we are right now.
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Hopefully will have a retrace and I can put my money into bitcoin and make it rally.
Already had one earlier this day after something happened in some of the exchanges which triggered a massive selling spree. We are also due for a correction after enjoying a couple of weeks gains, and perhaps that is what happened too, earlier. I have always doubted TA signals such as this golden cross, and guess my doubts weren't left unanswered as it proves that no matter how positive the sign is, the market could still go either way. Good thing thought that the selling spree halted immediately after bringing us to $5100.
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Classic fear-mongering move. Bitcoin's price has since stabilized by now and has been doing well for the past few hours. If the downfall is indeed continuing, it should have done so up to now yet the thing is it doesn't. A slide towards $4000 is somewhat unlikely since a strong support at $5000 is already in place, with other ones being in $4800 and $4500 respectively. Sell orders have also normalized too, and panic hasn't get the best out of most traders just yet.
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Third-party websites displaying fee information is only good for a couple of weeks until newbies get a hang of how fees work and how much do they really need to pay for a transaction. A great wallet can also help choose fees, like what Electrum does and can let a user decide and have a rough idea on how long would a confirmation be marked on their transaction depending on the fees in the network at a given time.
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I feel that bitcoin.com's marketing strategy is a subtle attempt to shill the coin without the newbies knowing it. The site didn't even made things clear regarding the differences of the two, and just head on and redirect users into BCH buying page. Perhaps there should be a sticky or some sort of announcement on bitcoin channels regarding the differences of the two for newbies and other people to not get confused and buy the wrong coin.
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I'd stick to my normal browsers with adblockers please. The payrate is low, the stakes are high and they'd be asking for KYC information which is not a pretty good sales pitch if you ask me. I've seen browsers with rewards system in the past that had become plagued with bots on just a couple weeks after launching, and perhaps this would also be the case for this new contender on browsers with rewards.
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Now this is where CipherTrace could prove its usefulness into knowing where would the coins end up and link them to a personality or a service. They weren't so smart at all to have waited that long and move it as nothing even changed at all since the transaction is still broadcasted over the whole bitcoin network. I hope bitfinex would watch closely on the development of this case if ever they're really sincere in pursuing justice.
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The network has once again became active after a series of bullish stints that happened from the first of April which prompted a variety of responses from a lot of people. Likewise, this is also a very great time to test whether we can handle such volume or not, and so far I can say that we're doing pretty well with all the transactions coming in day to day.
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This is unlikely to happen if you impose a 1-block confirmation rule before handing out the goods you are selling. On top of that, make sure that people will be paying the minimum amount of fee recommended for the tx to confirm within the next block to lower the confirmation time needed. This might be annoying in part of buyer so you must have other ideas in mind to keep them entertained while you both wait for confirmations.
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Ahh, the classic Coinbase doing their thing again. Their service, for me, is actually quite good if you spare the few hiccups and delays their platform has from time to time. Their biggest boon would have to be their customer service responses as they take days or even weeks to have a human agent address your query, even for the simplest of things or the most urgent of matters. Move platform if you wanted to, but yeah, most exchanges have this as a major problem.
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$3800 is likely though I don't think it will be an easy feat to cut through it given that strong supports are already in place @ $4500 and $4700 at the time of this writing. Perhaps a successful retest at $5500 would prove so vital for the next few weeks to come and would be a decider if we are going to hit the upsides or not. Anyway, a great ta and a sensible one too, not just promising rainbows and unicorns.
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Could just be a minor fluctuation or someone sold a huge quantity in just a short span of time. It usually happens every once in a while, then the price comes rising very quickly as if nothing happened (we're sitting @ $5200 now). If this bubble has popped, you can see the price continuously falling down into the abyss, but that's not the case in here. Market sentiment is still very bullish now, and I don't think it's bound to change any time soon.
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The occasional transactions designated threshold above which VASPs are required to conduct CDD is USD/EUR 1,000. That's quite a low threshold. Do we know exactly what customer due diligence entails with regard to FATF standards? I'm curious what kind of time-based constraints would be considered for that $1,000 threshold. Not only is the threshold low, but I'm sure standards will be added to prevent payment structuring below the CDD threshold. It could be $1,000 aggregated per day, per week, etc. What's even scarier is if they would go to great lengths such as snooping into one's banking records just to know whether the individual has the capability to transact/meddle with the said amount. For those regularly trading with the said amount, this might pose as a problem and a major annoyance. Furthermore, they could even ask for more KYC documents in order to 'exempt' people from that $1000 threshold, which I think is already too much. Good thing I'm not affected by such regulations.
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Eh, red flag. This is a common scam and can be compared to the classic 'Nigerian Prince' scamming method. In order to withdraw what you earned, you have to pay them first to process things which is pretty stupid and should have been done already, which isn't the case kn this site you're working at. Heck, even old cloudmining websites won't ask you for deposits before withdrawals, though you will not earn anything with them too.
Funds are lost if you have deposited something. You won't get anything from this scheme.
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Signs seem to be weak this time though I'd like to believe that this indeed is the movement that we have all been waiting for. Current testing to $5500 and beyond was somewhat fruitful and we managed to hold footing on the high $5400s which is, in itself, is also great considering how much was dumped earlier this day to prevent the bulls from crossing a vital resistance point. The next few weeks will prove important for bitcoin since over time, movements like these will lose steam and allow bears to take over once more, and I hope that's not the case.
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And perhaps with that report from one of the leading banks in the world, people will stop wondering whether bitcoin is really doing something good for this world or just adding up to the evil points this world already has. Venezuela and now Argentina are the finest examples on how useful bitcoin is for the citizens of the mentioned countries which are currently experiencing extreme currency devaluation due to their poor economy. This is not 2013-2015 anymore which bitcoin is only used for drugs and other illicit materials; bitcoin is already helping the world.
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I would not give a remark on how you formatted your post but the thought per se is valid. Many people have been continuously thinking that bitcoin and crypto is yet another piggy bank that they could get hefty profits from, with promises of easy riches from con artists which doesn't end well. They got it coming though, without even thinking of the possibilities that can happen with their money, they just jump in and invest anyway. No matter how much people educate newbies, they still dive in things head first with only a knee-deep understanding of cryptocurrencies.
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A strong lobbying group coming from the ranks of large companies and influential businessmen would certainly change the minds of the higher echelons of RBI. I think the rest of the government of India is willing to accept cryptocurrencies, just RBI not wanting to pull the trigger this time. For sure, once crypto is accepted in India, it will largely change the economic scene and could help create more jobs for the Indian people. Instead of being one of the first crypto strongholds in the world, they chose to let the opportunity pass.
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