Sherman is financed by financial institutions, so from there it's not really surprising to see that he is so hostile towards both Libra and Bitcoin. This dude has BIASED tattooed on his forehead.

I do like the discussion that Libra triggered because where Bitcoin is a potential threat in the future if it takes off at one point, while Libra could capture hundreds of millions of users in an instant, up to billions of users.

It poses an incredible risk to pretty much every government issued fiat currency. Who need dollars when every business and joe at home use Libra? These banksters must wake up soaked in sweat.

I would love to see more places where I can spend Bitcoin without having to deal with the main-chain. It's quite sad to see how far away we have moved from the payment aspect because of how small the blocks are.

Especially during a time where the price has gone up considerably, it would motivate me more to spend Bitcoin because it exempts me from paying tax in a legal manner. Much better than paying almost 30% in tax over your gains.

That being said, the motivation to spend coins quickly vanishes the moment we enter a bear market, which means that spending Bitcoin for most people is kinda a seasonal thing.

From what I know and have heard around me, people seem to choose Turkey for dental or medical treatments. It's interesting to see that countries such as Romania and Hungary also do well in that field according to you.

I am however too paranoid myself to visit a different country for dental or medical treatments. I want everything to be as close as possible in case something goes wrong and I have to go back.

I get it that these countries are much cheaper, but for me personally the peace of mind that a local clinic offers is worth more to me, and they have all the necessary licenses, which in some of the aforementioned countries is questionable.

Not having a stop loss feature sounds a bit odd because every platform offering a similar product that I know of allows you to set a stop loss. It's an important enough basic feature that a lot people happily use.

Then there are the fake spot volumes OKEx has been generating for quite a while now. For such a large exchange it's quite embarrassing to see a report expose them as the 4th most fake volume generating exchange.

BitMEX itself doesn't charge a fee for withdrawals. The only fee you have to pay is a dynamic network fee, which means that during low network congestion the fee is low and during high network congestion the fee is higher.

People with money in their bank account shouldn't complain about losing purchasing power because we have enough historical evidence that the best course of action is to invest, especially in the current market.

People not that long ago thought that the US stock market was about the implode, but it jumped back up to hit new all time highs. It's safe to say that as long as the money press is running, the stock market will inflate even further.

It's almost irresponsible to not invest in the stock market with a chunk of your fiat. Cheap money will always end up in the stock or real estate market for the most part, and luckily, also in Bitcoin in the more recent years.

Banks have never stopped with their shady activities after having paid billions in fines, so it's safe to assume that Facebook won't be stopping either. Governments don't mind them because it means billions of extra income.

If governments really cared they would find a way to get banks to not make the same mistake again, but why would they? It's much more profitable to let these corporations make the same mistake over and over again.

The only way for Facebook to stop is to have people stop using them on a worldwide scale, but that's not going to happen either. We have to accept that this is the way the system works. It's pointless to wait for improvements.

In terms of recent activity (last 12ish months), we have had multiple exchanges that brought their 'ancient' pre-2013 addresses to life-- likely to redistribute these coins and claim the wide variety of shitforks for an extra payday.

It by no means translates into any sort of noteworthy price action, unless someone finds an old wallet.dat file with thousands of coins in it and utilizes the market-sell option. Not likely but still possible. It's a free market at the end of the day.

Strictly speaking, every thing (digital or physical) can function as store of value, the difference between the store of values is how effective they are doing and what you want them to do.

Bitcoin is obviously one of the best options long term speaking within the world of crypto, but even Dogecoin has done quite a job functioning as store of value in the past.

I actually like Dogecoin too with how friendly the community is, plus the fact that Dogecoin throughout the years has been the second most used coin after Bitcoin when it comes to micro transactions.

One would wonder where these coins are stored because there are enough blockchain analysis firms that would have noticed the sheer number of similar movements of funds that would link them to an unknown whale hoarder.

After such a long period of time I would have expected to see some developments here, but since there aren't any developments, a story like this is possibly made up or severely exaggerated. News outlets like to add some spice to their content.

Governments aren't in the mood to hold such a large number of coins that may become worthless as per their usual way of thinking. They would make it big news in order to attract as many potential buyers as possible to their state auction.

Bitfinex and BitMEX don't intend to become compliant, so from there they will always look for ways to avoid serving US traders in an attempt to prevent the world police from knocking on their door. Both however have failed to do so.

Overall, I'm not shocked to see crypto related businesses relocate themselves because of how the US market is so over-regulated and tied to their old fashion laws, that nothing of significance will likely change in the coming years.

This is how Coinbase will remain the top exchange within the US by far. They literally laugh their way to the bank with how the government indirectly helps them to get rid of competing exchanges.

It's only an on-exchange ban, so if people end up moving privacy coins back and forth in a peer to peer manner it's still allowed. I don't think we'll ever see them be banned completely because it's pointless to begin with.

The powerful utility of crypto is that anybody can use it regardless of who you are and where you are. Another reason is that it will require so much resources to enforce a total ban that it won't ever pay off at all.

If you just come up with a law where businesses can't list or provide services based on these coins, their appeal will drop to such degree that only the true die-hard privacy needing individuals remain, and these can't be stopped anyway.

It's only a matter of time before all reputable exchanges require verification before you can do anything there. Based on that I would choose a reputable exchange and verify yourself there so that you avoid problems in the future.

It never feels good to hand over your government issued ID, regardless of the company, but in this specific case there isn't much of a choice if you want to use the most reputable exchanges and not some Yobit level garbage exchanges.

Currently Binance and to some degree Kucoin seem to favor people who don't want to deal with KYC, but as some people above pointed out, there are no guarantees that their policies will not change so be careful.

Not even close. Bitfinex has been selectively allowing a small portion of their clientele cash out to fiat while the rest is either subjected to random verification or fiat withdrawals that never go through.

It has been like this for almost two years now so it's definitely not new. I wouldn't recommend anyone to use Bitfinex with solid alternatives such as Coinbase Pro, Bitstamp, Gemini and Kraken having a great trackrecord.

In the last 6-12 months people have withdrawn over 100k in BTC from Bitfinex because they no longer trust it. These are smart people avoiding future problems.

Another bull run? If we are in the process of entering a bear market, which certainly might be the case, then we won't be seeing another bull run for at least 6-12 months depending on how long it drags on.

If the above applies, after the block halving we will very likely initiate another bull run with how we have enough historical evidence to back it up. I would love to accumulate some cheaper coins before we get there.

Looking at the charts, the price looks like it wants to go lower with how it has been checking the bearish momentum boxes that you want (or don't) want to see checked, so don't consider current range to be safe.

There is more to it than just the will to stop. I'm sure a lot of these people badly want to stop, but there is nothing in their life that they can focus on than in this case trading/investing in crypto currencies.

People that manage to stop do it because they can focus on other things, but when you don't have anything to live for (I know it sounds serious), they will keep doing whatever it is just to stay busy.

An addiction always has an underlying cause that people from outside the circle of the addicted person tend to ignore, hence keep saying why don't you just stop, it's so easy when you really want it, and so forth.

I get that thinking, but I have seen enough very scarce items that don't fetch much at all given how rare they are. In the same way, there are very scarce altcoins with a total supply of under 1 million, but they aren't worth much at all.

In order for something scarce to fetch a premium there has to be a market for it, and people have to appreciate and value the scarcity and utility it brings, and that's not the case with most items or assets.

I have been buying rare gameboys for almost 10 years now, and while some of these units have less than 20 of them that were ever created, the value mostly doesn't top $3000. It some times even surprises myself how this market is.

Just because the price is taking a few steps back after having moved forward by dozens of steps, doesn't mean we should discard the possibility of Bitcoin reaching $1 million at some point in the future.

I'm quite sure that when Bitcoin was hovering around the $10 mark, people similarly said no way that Bitcoin will ever reach $10k with how unrealistic it looked at that point.

The problem with people is that when the price is going up they feel comfortable throwing $100k predictions left and right, but the moment the price is correcting they can't see how Bitcoin will ever reach such levels....

I can't believe what I read here.... Are you seriously suggesting OP to consider a blockchain re-org? Binance lost 7000BTC due to a hack where CZ also was thinking about a re-org, but quickly noticed that it wasn't possible.

OP's funds are most likely not even 0.01% of what Binance lost. I'm pretty sure that even a shitcoin re-org attempt would fail. Please put suggesting people to re-org any blockchain to rest. It's embarrassing.

I think that applies to most CFD exchanges. At the end of the day, people get what they deserve-- if you don't go for spot but rely on a central entity to manage the contracts, the risk you talked about should be taken into consideration before trading.

I am however sure that people won't even bother to care about the implications of trading on these platforms where they don't own anything. As always, they first need to see things go wrong in order to care, but then they are too late to fix it.

Also, even when you read the terms and conditions and everything looks fine, they can be changed an hour later without knowing and you can't do anything to dispute it. In other words, you always lose.

They may not be the first 'signals', but they are the first compliant exchange that provides users extra metrics that might help them make a more informed decision as pointed out in the article. Pretty neat I would say.

I'll point out first that people shouldn't trust any exchange, but when it comes to reputation and compliance, Coinbase is definitely the least risky exchange to use for buying and selling crypto currencies.

Coinbase's disadvantages are that they may terminate your account if you withdraw funds to services their banking partner doesn't approve, and the fact that their fees are pretty steep, which is why a lot switched to their Pro platform.