BlockSeer has a really good set of blockchain and taint analysis tools but they stopped offering their free service some time ago. I'm not sure how pricey the paid subscription is. not sure if they offer any paid service since there is no feature or price list , you can't even register The features are listed here. They don't publicly list their prices. You need to contact them by email to discuss establishing an enterprise account. |
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Binance has done tremendous job in order to protect users funds
For now. Their SAFU fund after years of profit surely must have been well stacked, but the 7000BTC they took out of that fund can't be ignored. Currently we don't know how much Bitcoin is left in this fund, and I honestly doubt they will have sufficient funds to compensate for another similar hack, so don't get overly confident in that exchange just because of what they did in the past. Losing US traders soon will have a tremendous impact on their finances, which can't and shouldn't be ignored. They had an easy ride as non-compliant exchange, but that easy ride is about to end. Someone ran some calculations -- which Changpeng Zhao said were accurate -- that suggested they could recover the loss in less than 2 months. I'd be surprised if they haven't fully recovered by now. The main concern is whether losses are limited to hot wallets or not. They said at the time that 98% of customer deposits were in cold storage. Indeed, kicking out US customers will put a damper on their revenues moving forward. However, I suspect they will still be overrun by US customers using VPN, similar to BitMEX. Their US exchange could also gain some ground since it will list dozens more altcoins than others like Coinbase. |
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is there any websites/programs that let you see the addy where your sent bitcoins end up i know you can use blockchain.com ect to see but would take alot of time to follow addresses this way is there a website or program i can put address 1 and then address 2 and it will tell me if any of the btc from address 1 has ended up in address 2 ive been messing around with a few mixers and would love to see how good at mixing the coins they really are and if theres any chain links
BlockSeer has a really good set of blockchain and taint analysis tools but they stopped offering their free service some time ago. I'm not sure how pricey the paid subscription is. |
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you shouldn't even be comparing bitcoin and gold because they have nothing in common and not in the same category for one to replace the other. bitcoin is a currency and gold is many things but not a currency. They have more in common than meets the eye. Both gold and bitcoins are commodities as conventionally defined. More specifically, they could also both be considered commodity money -- as opposed to fiat money. After all, gold-money has served the function of currency for thousands of years. Bitcoin as a currency is actually much more immature. Gold has other uses of course, although "money" (store-of-value, medium-of-exchange) is obviously the primary one. The OP is specifically talking about the store-of-value use case. |
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Why does everyone always tell beginners not to run a full node? The main deterrent is initial sync time, which doesn't seem to be the OP's problem. He still needs to download and verify the entire blockchain before it can be pruned. So he first needs to move the Bitcoin Core directory to a partition with enough space. ^^^ Worth reading. |
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I just followed the process as requested. Initially my bank declined the move as it appeared suspicious to them.
After I realised that, (thank you very much for blocking my card and not telling me), I completed the process as requested and it went through no issue from my end......and yet I wait. Sorry, I'm a bit confused. You're trying to link a bank account to your Coinbase account, correct? Are you saying your bank blocked your card because they flagged the Coinbase verification deposits as suspicious? But you sorted it out and received the verification deposits? What happened when you input the deposit amounts on Coinbase? This is normally an automated process -- assuming the amounts were correct -- not something that should require human intervention. So two emails later I'm waiting impatiently and looking at cex.io. Any thoughts on cex.io?
I've heard mixed reviews. They aren't known as a top tier exchange. I think they were banked by Crypto Capital some time ago and were facing some pretty bad banking delays. Coinbase Pro and Kraken seem to be the best reviewed options nowadays. |
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The US and squeaky clean services like Gemini and Bitpay will comply, but it'll be interesting to see what the rest of the world does.
If they do, that will push other companies to comply too, to be able to do business with those that do comply. Definitely, but there is still a huge demand for KYC-free services. You can tell as much by the way Binance operates: They are willing to segregate their markets rather than go fully compliant. It's also basically a given that a host of countries won't be complying with the FATF travel rule, leaving the door open to non-compliant exchanges. And that's where things get interesting. Are the Coinbases and Geminis and Bitpays of the world going to blacklist outputs from exchanges like Binance? Bitmex? Smaller altcoin and derivatives exchanges? |
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Dear Poloniex Customer,
We committed to fully reimburse all losses incurred on our platform due to a June 2019 margin incident.
We are pleased to share that today you have received your first trading fee reimbursement credit. This lump sum reimburses 100% of trading fees assessed from June 6th to September 5th. Moving forward, you will continue receiving daily trading fee credits until all losses have been reimbursed. Add insult to injury, why don't you?  Bit surprised to see the "Lend" link appears next to my CLAM balance on Poloniex. It also appears for BTS, FCT and MAID.
Does anyone know when margin trading was reinstated for those four cryptocurrencies? Is there anything official about this?
Have you actually tried to lend them or take margin positions in those markets? I wouldn't be surprised if they aren't functioning. Poloniex is known for weird glitches and a sloppy front end. |
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Is it merely a scheduled maintenance as the trading platform claims or is it a hack?
Usually when an exchange gets hacked, their immediate response is "maintenance." Then they come clean hours later. Whenever this happens, in the back of my mind I'm always waiting for them to break the bad news. That's exactly why everyone freaked out -- because Whale Alert reported the movement. 24,000 BTC is a pretty huge spend for an exchange like OKEx. With exchanges getting hacked left and right, it's no wonder people are on edge. |
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I emailed bitpay and they replied quickly with this:
Hello
Thank you for contacting BitPay support.
Your issue is related to a temporary synchronization offset we are experiencing and should not take long, Your funds are safe.
Our team is currently working on it, we will reach out back to you shortly. This happened to me once with Copay, which the Bitpay wallet is based on. If the problem is on your side, there's a way to sync the wallet with their servers. If you navigate through the gear icon > wallet settings > transaction history, clearing the cache will do it. If that doesn't work, the problem is on their side. You can always import your keys into another wallet if that happens. I'd recommend against Bitpay or Copay anyway, as there are much better lightweight wallets out there. |
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I didn't realize the FATF rule is set into place requiring all exchanges to follow foot. Cybersecurity companies like Ciphertrace are stepping up to help advise on the proper steps to take and even going so far as to implement other AML steps.
Pretty sure this is the first regulation to be taken seriously. Granted it has to do with all countries not just the united states
The FATF is a front for the US, and how seriously the travel rule will be taken remains to be seen. Globally, compliance with FATF rules is not total or widespread. No major government has actually passed any laws complying with the travel rule yet, and only one country has done anything so far -- Lithuania. The US and squeaky clean services like Gemini and Bitpay will comply, but it'll be interesting to see what the rest of the world does. |
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Has anyone considered what the tax ramifications are going to be when you buy a non-fungible token (NFT) in the US? For example, you buy a crypto Kitty for ETH. In a program like https://bitcoin.tax/ you can record that transaction in the "spending" section. But you didn't spend the ETH on a goods (like food or drinks), you exchanged it for an asset which may or may not increase in value over time. I don't know if this topic has been considered yet as NFT's have just started taking off this year. Thank you for your time. I'm not familiar with the bitcoin.tax software, but a digital collectible should probably be treated the same as cryptocurrency -- as property -- for tax purposes. It's not real property so like-kind exchanges don't apply, and they obviously can't be treated as currencies. You would treat the sale of ETH for crypto-kitty as selling ETH for USD, then separately buying the crypto-kitty with USD. It's the same tax treatment as bitcoin-altcoin trading. |
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Hello traders. What's your opinion could BTC kill banking system? Nope. If anything, banks will start accepting bitcoin deposits and they'll apply fractional reserve banking to them. Unfortunately, the "be your own bank" idea is only gaining so much ground. Like Hal Finney once predicted, I expect bitcoin banks to operate just like traditional banks today. Banks can’t control BTC because it has no representative and is fully decentralized. That's why banks are afraid of BTC.
Commercial banks have no problem with Bitcoin. They can just integrate it into their current operations like any other asset or currency. They can take deposits, issue loans, collect commissions for brokerage services, provide underlying custodial services for financial products, etc. Banks can make a lot of money off Bitcoin. |
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it could also be that liquidity is leaving these particular exchanges. It could be that liquidity is leaving all centralized exchanges. The number of exchange hacks and shady behavior is forever on the increase, even amongst the big exchanges. Coinbase selling customers' data, the Binance KYC hack, Bitfinex likely being insolvent, Bithumb hack, the list goes on. And the hacks of smaller exchanges are becoming too numerous to even keep track of. Perhaps investors are finally realizing the centralized exchanges are not safe. With the ongoing growth of buying and selling options like bitcoin ATMs and well functioning DEXs like BISQ, there are more options available and less need now than ever to use a centralized exchange. Rather than this showing a "lack of interest", it might actually be demonstrating that users are becoming more interested in learning how to use it safely and privately. I'd like to think that's true, but I doubt it. People are highly driven by convenience and ease of use -- that's not P2P and decentralized exchanges. I like Bisq, but hardly anyone is using it compared to centralized exchanges. I'd be curious to see the numbers for Coinbase, who I think is more representative of what new or typical users are doing. Their wallets don't seem to be listed on Wallet Explorer, though. |
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doesnt require a hard fork at all(if core implemented/allowed it). but i do like how you are trying to prevent a fix by crying that it will cause disruption.. sorry but it wont, there are many ways to implement it without forking.
is it a change in consensus or not? if it is (which i say it is) then it requires a hard fork to be enforced otherwise nodes not relaying certain transactions is already happening and it is not fixing the issue that you started the discussion with. A sigops limit could be done with a soft fork. It just requires a patch that censors transactions that use "too many" inputs. If a majority of miners enforce it, it would be effective. Segwit + witness discount was a much more elegant way to approach the issue. By discounting witness data, users are incentivized to transact with linear scaling sigops. So we're achieving the same ends on a voluntary basis. |
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I'm sure there has been some kind of lobbying happening right now from entities
especially on the banking sector who feel that their interest are threatened by the emergence of cryptocurrencies.
I really don't think commercial banks have a problem with cryptocurrencies in that sense. If anything, they can monetize them by offering services like brokerage, custodianship, savings and loan, etc. It's governments who might not like cryptocurrencies because they avoid government-controlled channels. They can't freeze or seize bitcoins, for example. And if lots of economic activity leaves fiat monies for cryptocurrencies, the ability of governments to control their economies is weakened. Regulating cryptocurrency for banking purpose would only create a centralized system and we will see more of centralized coins arise which will already divert from the bitcoin main objective that it was created for.
They're just talking about regulating service providers like exchanges and payment processors. This isn't really about cryptocurrencies themselves. |
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I just wanted to make a trade and saw the 0.5% fee, that is what brought me here.
It is just disgusting to see what they are doing.
So besides Kraken, any other exchanges with interesting trading fees?
Kraken and Coinbase Pro seem to have the most competitive fees for major fiat exchanges. Coinbase Pro is slightly better at the lowest tiers, but it's a similar maker/taker structure. Binance.com has lower fees -- 0.1% or 0.075% depending whether you're holding BNB or not -- but there are no real fiat pairs there, only stablecoins like Tether and USD Coin. |
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some fools just want to say 'people wont do it because fee's' .. the topic creators example shows pools dont care about fee's Pools do care about fees. Many pools pay them out as incentive to attract miners. The ones that don't pocket the fees themselves. In this specific case, the pool's short-lived incentive was to reduce UTXO bloat. The block took 25 seconds to validate and wasn't problematic for the network. Four years later, we haven't seen a similar case -- probably because miners are rational and not altruistic. Why are you fearmongering about this? |
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Just to update that all has been resolved at the end.
A lot of KYC docs was required - more than any Exchange I have signed up before. But at the end, my faith was restored in Freewallet.org Keep in mind, as a wallet service they have no legal obligation to perform KYC since there is no money transmission occurring. Think about that -- why was more documentation required from you than on actual exchanges? Either Freewallet has received some horrible legal advice or this is a typical selective KYC scam. My money is on the latter. Just imagine how many people can't or won't complete this invasive KYC and end up forfeiting their funds. It's a good thing you made a thread here. Public reports are the best way to get services like this to respond. I hope you rethink your faith in Freewallet considering what they just put you through. Next time, use a real wallet like Electrum so this never happens again. |
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I'm not sure why you're obsessing about Chainalysis' wording. It's very easy to deduce that "only a small percentage of mixed coins" have illicit origins based on the published data: 8.1% stolen
2.7% darknet markets That's your take on their findings, not theirs. Their take would infer the exact opposite if you go by the wording they used on their slides. That's my take, and it's the correct one.  The important thing is what the data says. You're just hand-waving and trying to convince everyone to ignore the data Chainalysis published. I wonder why that could be?  |
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