The problem about Bitcoin reputation is not those kind of stuff, because they happen all over the world with fiat too, but since Bitcoin is a "new thing" the media will bring it on the first page when they see some "shady" deal paid with a crypto currency - it doesn't matter if it's Bitcoin or any other coin for them. It's sad to know that those kind of people like this guy walk the streets free, but it's not about the bitcoin which stimulates them to do that - it's their f*cked up brain. With or without Bitcoin they will continue to do that so no point blaming the currency...

Do you think HIYIP AND MINING it the same
if you think it's the same, what similarities
And if you think it's different, what's the difference




And lastly, What do you do if a site HIYIP and MINING
suddenly SCAM

My post was not about volumes, but about their frontend.

Speaking about volumes: what is fake about robots? Any bigger exchange allows API and hence robots. Since huobi and okcoin have 0 trade fees it is just essential their volume is 20x or more bigger than elsewhere. It is a big difference to pay 0.1% and 0%. Bots are reality (even when I am not using them). They significantly help even to non-bot users. Just look at small exchanged in exotic currencies without robots. The liquidity is so low, that it is hard to trade. The price difference between buy/sell is extremely high. Bots are good.

This is a very interesting topic, unfortunately there are much low-quality posts.

The reason for existing a "unanimous" price across exchanges is in fact the result of arbitrage, but not only.

But why does the price move? Why does there even exist a price for a digital "good" like Bitcoin? That's the interesting question.

There are many influences:
- The prices in the past. People get a "feeling" where the price "should be" when they see the current or past price movements. That's the same thing like when you say, "a coffee must cost 2 dollars". (more precisely, "a dollar is half of a coffee")
- Future expectations. Many people hope that Bitcoin will be worth more, so they think the price could go up and buy when they see a "good opportunity". That drives the price up. Similarly, "bears" can drive the price down. The balance between these two forces is determined by the "sentiment" - it can be positive or negative.
- Large market participants. That's what some are referring as "the cartel". I don't think there is ONE cartel, but there are definiely large players that try to influence the price with their own buys and sells.
- Real world usage. The more participants the Bitcoin community has, the higher the price.
- Speculation and technical analysis. Speculators try to find patterns and react to it, driving the price up or down.
- Newly generated supply from miners. The significance is low (mined coins make up about 1 to 3 % of all sold coins), but it exists.

These are only a few factors, but I think they're the most important.The problem is that it's difficult to predict how they work together. So there is no "safe" way of guessing the "right price" or a "price trend", but you can make estimations mainly based on the "sentiment".

I guess you ask too many questions, lol. You should read the last part as something like "we have written an answer to the CFTC (or whatever) allegations so we deem ourselves fully compliant to whatever claims they might further bring forward without doing anything else"...

Though I would like to hear something more coherent as reply myself

Sure, how would you like me to go about that? You can look at my history and i think it's pretty clear that I am who I say I am. But i'll post a comment in https://www.reddit.com/r/BitcoinMarkets/comments/4mlujc/daily_discussion_sunday_june_05_2016/ with my verified reddit account.


This isn't entirely true, there are different ways you can go about it. For example, itBit doesn't have an MSB for every state but are able to accept US customers because they have a bank charter. As such we have addressed this issue a manner so that we remain compliant without going state by state getting MSB's.

Yep, and thanks to the level of FUD that has been employed by blockstream now every idiot on r/bitcoin thinks hard forks are somehow "dangerous" and "contentious", despite having no real understanding of the subject.

What a laughable state of affairs.

We have a bunch of greedy idiots who just want to maintain their control over the bitcoin protocol at all costs, who have now taken over bitcoin development.

Core has employed massive amounts of FUD, disinformation campaigns, smear campaigns, paid hundreds of thousands to DDoS nodes of competing implementations, censored all the main communication hubs and filled them with their trolls... and the list goes on.

You'd really have to be an idiot not to see what's happening here.

Hi Huobi.

I registered myself and wanted to do verification. One of the things is date of birth. You have a bug there that I am trying to solve for days and I am really getting annoyed, because you are making fool of me.

The problem is:
1. You have the built in calendar, where I have to list Year, month and day of birth. The problem is that the calendar has in most months one day less than there actually is. For example April has 29 days, May 30 days etc. It is just obvious, if anybody clicks on that which apparently your CS is not able to and just repeats that I have to use another browser bullshit.

2. When you click on any day, the form is being filled in with a previous day. So Whn you click on 15th March 1980 the date filled in is 14th March 1980. When you click on 1 April 1995, filled in is 31th March 1995 (that is not even mentioned on clandar)

Combination of those two factors mean that the people who were born on the day before the last day of the month (e.g. 30th March etc) can never verify identity, because they can not put there a correct date.

You are 1st or 2nd biggest btc exchage. This looks incredibly unprofessional and unsecure. And the responses of your CS, that does not bother to really take care, are even more alarming. I do not care about your licence, but you apparently do not care about customers.

We do accept US clients and have settled any alleged violations with the CFTC, made the changes required to become compliant and US customers can deposit fiat, trade on margin, and withdraw fiat same as before.

Xapo is great  I've been withdrawing 2k euros per day without a prob for months

Note: Greece has capital controls and they allow people to withdraw up to 420 euros WEEKLY lol
And another note, their support seems to be a bit slow but always personalizes to solve your problem

WARNING ALL GBP USERS OF MY HORRIBLE EXPERIENCE WITH LAKEBTC

I have emailed them 9 times! over the past weeks and each request has been replied to with a link to the FAQ.

To be honest, I feel like the site is a scam now because it has huge lag times + page constantly freezes + support seems automated and there is no way to deposit.

Have tried many many (many) times to deposit GBP by multiple methods (GBP Uk transfer, pingit ...) but none have worked. I have tried different amounts but that has not worked either.

Furthermore, they listed their volume on BittyBot as almost 3500 BTC for (BTCGBP) daily which seems really unlikely if you analyse the site.

Moreover, I do not think they have a single LakeBanker for GBP which further shows that it is unlikely their volume is so high.

I think BittyBot is realising that there are some discrepancies as they delisted LakeBTC for 2 days and now it is relisted with a volume closer to 500 BTC daily.

2/6/16

BEWARE  My connection between lakebtc and myself is no longer private + site keeps crashing

Site can no longer be reached