I expected OP to have been registered in 2010 or something. Instead it's 2017. It is really saying that quality here is lower than it was then when it was heaving with ICO garbage and bounty zombies?

Perhaps they're thinking of somewhere else.

That's dead confusing. There is of course one question that always needs answering - can you deposit and withdraw to and from a wallet completely under your control? If it's saying you need the second key to complete transactions and they control it then perhaps not but equally that might be just for on platform transactions.

They need to give us more info.

I'm not sure who it's helping right now any more than it did before, but isolation might fuel increased education about it and all the spectacular financial fireworks thrown around by countries like the US may drive people to ponder what the money in their pocket actually means.

There'll be a lot of boredom in the coming months but also a lot of learning.

Dimwit article. This is a crisis crisis, not an economic one.

It has a chance of doing its thing in the aftermath when the world is getting back on its feet. Only then will we see how deformed conventional finance has become and only then is when people will give Bitcoin a closer look. Until then it's going to be blown about in the breeze like most other things.

https://twitter.com/CNBC/status/1241062191052337153

Our Kelly has been profiteering from insider info on impending misery. How could she?

I hope people who did panic learnt something along the way. It could of course be temporary and there'll be much more plunging to come but there were quite a few people calling total death and look where it's at now. When moves are that violent and volume is that high it's a signal of it being a seizure not a death.

Since you're in the UK you could look into drip feeding via one of the 'challenger banks' like Monzo or Starling or whatever. I would double check with them whether they're alright with it first.

All your original bank will see is money going to another financial institution.

Worth having a browse through here as well - https://www.reddit.com/r/BitcoinUK/

It's pretty much the only place with some pooled experience of UK banks and crypto. I get the impression Nationwide is the most accepting but they have intermediary banks in Europe that won't play with places like Bitstamp for instance.

Japan so far has had the most rigourous regulation and as far as I know forced security checks and practices on exchanges. That hasn't stopped some of the most epic hacks happening in Japan, though the biggest was Coincheck and they weren't properly regulated.

I hope they've recruited the right people who sign off on their security practices and know all the tricks inside out rather than some clueless civil servant.

Now now. This is a time for kindness and coming together.

I have one merit for him if he fingers himself on camera.

I'm interested to know if all this lockdown stuff does create a surge of new interest from people who until now didn't have the time or inclination to investigate.

I'd be interested to know how many bots are operating on there. Most of the posters seem too dim for that to even occur to them but there must be some smart cookies. I wouldn't be surprised if there are automated operations hopping between accounts and IP addresses posting on there. It's little work for someone in the know and could add up to a few hundred dollars or more per week if you had enough of them.

https://medium.com/nexus-mutual/black-thursday-claims-3d9e74356992

Nexus Mutual, a 'decentralised alternative to insurance', has agreed to $786 in compensation for 'black Thursday' claims when it all fucked up.

That's great.

However $2,218,270 was turned down.

Sod this garbage.

At this particular moment of course it is but this is a narrow window in time and it will pass. What it leaves behind is where they may be positive changes. People will reevaluate their own preparedness and health, the competence of their government, the value of the real people who keep the country running.

I genuinely barely remember swine flu and whatever effects it had on society will have been subtle. This may end up with fewer deaths but it'll be remembered and acted upon in a much more vivid manner.

It looks encouraging but it still needs more time. You can't base any declaration on action spread over a day or two, especially when it's coming back from such a ludicrous move downwards. And of course you can't be truly sure until it has all been over for several months.

It's done it once. It could do it again easily enough. It may however become one of those mythical one time events that are talked about for years afterwards. It happened around a set of circumstances that will never happen again. Bitmex fucking up was probably the prime factor, but the start of a global rout only happens once.

I wonder what effect this surge upwards will have on those who ran screaming at the bottom. I've noticed that the people on here who lost the plot most spectacularly tend to do it because of opportunities squandered that they never took rather than decisive actions they did take.

Not surprising. Coinbase does not want to be cypherpunk. They will regard themselves as truly arrived when they're invited to the average DC political junket like any other financial institution. The people they recruit will most likely have come from that type of background so it makes sense they'll return to it as well.

In some ways Coinbase being regarded as just another bank type thing, albeit an out there one, is positive. The more cosy business and politicians feel about it the less likely they are to squeeze crypto as a whole, but it also makes Coinbase increasingly powerful and a one stop portal that government probably wants as many crypto users as possible driven towards so they can be surveilled and controlled.

It needs some vigilance.

The negatives are being shoved in our face 24/7 so there's no need to focus on more of it.

The positives at this stage are pretty much unknowable but by the time it's done there will be many changes that were unthinkable before and plenty of them will be positive. I've no idea what they are but it's going to be surprising in countless ways.

Let's see whether this was a stealth rise while the US stock markets were asleep. If it continues to go up, or at least be buoyant, while stocks fall or stagnate then we might properly be on to something. Even then we'll need several days of it to be sure.

So at this particular moment the world is running around with its pants on fire. There is a veritable mountain of cash. This is a prime moment to attempt to ignite FOMO with a 'decoupling' narrative and then pull the rug just as people are getting comfy/hopeful. Hence the rise we're seeing?

I would not want to meet the type of person who'd visit that forum for... fun or education. It offers absolutely nothing to a visitor. In fact it actively degrades the mental capacity of anyone who attempts to read it. The people posting probably don't read their own posts, let alone anyone else's.

They've constructed an entirely empty and worthless vessel.