When looking at stocks and taxes it says that you can direct which shares you want your broker to sell, but you have to be ready to prove that you chose those shares.

So in reality, even if you're doing FIFO or LIFO, if you want to choose a specific set of bitcoins to sell (older coins when you had been doing LIFO or newer coins when you had been doing FIFO) you can. As long as you prove that that is what you are doing.

I'm seeing a lot of very specific price predictions from some users.

Is there a record of past predictions by users on these threads? This would be very helpful to everyone, since you can know who has made 5/5 correct price predictions in the past, and who has gotten everything wrong.

I doubt such a thing exists, but still..

Definitely you should hold most of your coins (way too early for "the crash", and BTC has survived much worse), but it is not a bad idea to hedge.

If you sell and get your principle back, you won't have terrible regrets no matter what happens. In fact, if you sell some at a high, you can then buy the dips.

Anyways, Novogratz predicts it will bounce between 10k-16k for a little while, and I think that is reasonable.

Yeah but this ain't a server farm, it's Synth's miner distribution service. Get real, there's no Skyminers cuz there's no Skywire. The project hit a fatal snag early on and Synth went mad and turned into the Crypto-Joker. That's right, there's a new super-villain in town.

[/quote
You would have been fine sending BCH, coinbase only suspended coinbase buys (maybe sells) deposit and withdrawal were not affected. regardless im pretty sure they've been turned back on for days.

i doubt there was any trading done by coinbase employees. I was watching on GDAX that night (I'm holding my bch, wasn't worth risking my stack trying to flip the fomo/dump) and the mayhem was caused by GDAX traders on the BCH/BTC sell book. Some hero offered 3 BTC for a single BCH, keeping the market price there. Maybe he thought it was 3 bch per btc, maybe he knew or gambled that the BCH/BTC book wouldn't open at first. Either way, because of this(imo) the starting market price on the BCH/USD book was significantly higher than other exchanges (I think it was around 4500, not 50,000 like it would have been at 3.0 btc). This caused other exchanges to pump before the USD book opened on coinbase, which surely amplified the FOMO from coinbase users.

Since coinbase is straight market buy, there was some crazy slippage as MILLIONS of USD flowed through in a couple minutes. This ate up the GDAX order book to 9k before the servers caught up enough for someone to notice.

Honestly the only manipulation done by Coinbase was to pause trading in order to stop the rise. They have no control over traders other than following TOS. Of course normies don't understand how trading engines work (that's why the Coinbase app even exists), so they assume Coinbase the company was fucking with them.

If you ask me Coinbase should have just left it alone.

South Korea accounts for the #1, #10 and #14 cryptocurrency exchanges by volume. Yes, I know there could be wash volume involved, but as we all know from the Chinese exchanges' history, that doesn't necessarily matter. Korea seems to be approaching Japan with regard to market relevance, and Koreans are especially active in the altcoin markets.

So, the government called an emergency meeting yesterday. The topic: methods for curbing cryptocurrency speculation. Sources at the Bank of Korea say that the government will announce measures targeting cryptocurrency traders by the end of the week. They already banned ICOs in September. According to the article:


Could this be fuel for a price correction?

I kinda liked your proposal at first glance, but then I realized it is already implemented.

You see block size IS already "dynamic". Code only specifies maximum block size, so as a miner you can generate blocks of any length up to that size. Theoretically you could make limitless block size and let single miner empty the mempool in next block but that will end up in blockchain spam and insane chain bloating (up to the point bitcoin becomes absoletely unusable). Therefore you need to specify certain reasonable limit for each block. And that's what has been done. Some people argue that this limit should be higher, and by all means it can be higher but that isn't the solution since bigger blocks means bigger blockchain, bandwidth usage and bloat. Lightning (perhaps not in it's current state) is completely different - it allows to send barrages of valid transactions without actually posting most of them in blockchain, so blockchain will remain it's function of "bank", keeping your money safe, while lightning will allow you to use your money effectively in small chunks.

What? what is this?
are we finally going to the moon 

I remember a time when 1 bitcoin was worth around $12. I earned 0.01 btc through faucets. A user on this forum named Otoh gave me 0.09 so that I could have 0.1 btc. (I still intend to pay him back for that someday, btw) Having seen bitcoin at $10-$12, it would be very easy to assume bitcoin was a bubble @ $200.

There's no doubt that bitcoin was $200 not long ago. The question as to whether bitcoin is a bubble may revolve around whether bitcoin was severely undervalued when it was priced @ $200. If btc was significantly undervalued (which it may have been) recent price gains could be sustainable.

There can be significant lag time between fundamental growth and actual price movements.

Bitcoin's high before $200 was $1,000+. It dropped from $1,000+ down to $200, if I'm remembering right. This could be evidence that bitcoin was severely undervalued @ $200. Its real value might have been more than $1,000.

If you want to watch multiple cryptos at the same time on Bittrex how do you do this. What are you using to view them?

Because that is huge, no one can mention it.

Just tell me, how many times has Dash doubled it's price since it got released? More than 100

And litecoin? More than 50 too.


Bitcoin is probably the only one who increased less times, only that yes, it has an incredible value and probably this is what makes the whole difference with the other altcoins.

But 500 B is a lot of money, i can not wait anymore until it reaches 1 trillion, 

yes, because newcomers won't know who to listen to or what to believe. they'll walk straight into wherever the professional traders want them to.

you see the same old thing every day on r/bitcoin and elsewhere. people try to badly time the market and end up poorer. if you know more then great. people who don't have years of experience should take the long road instead.

The price of bitcoin after few hours drop down that i think there are still some whales out there trying to sale their all coins..
Or this is just because they are satisified what the price  today.. honestly bitcoin is really overvalued hoping to have more bitcoins..

if bitcoin holds above the 2000$ in this dump then we will hit more than the moon and very soon.The BTC chart was just insane this recent days and had to correct...anyway who thinks this might be a nice bulltrap for btc before the big huge correction?

Jokes aside, the fall was pretty obvious about 30 minutes before it happened. Called $2500 15min before, didn't expect it to dip into the $2400 region though. The pattern looked very much like an amplified 22nd of May.

If 2400 region holds I'd say we're testing a new ATH in days.