Who is Hoffman? and who are you?
Fear Him. And respect Him. For he offers you a truth that no one else has managed to uncover in a decade. Truly He is not like other men. I assume he has a shirtless oil painting of himself hanging in his banqueting hall riding a stallion bareback with a large-breasted maiden behind him. Once he posts that that is all the credibility anyone needs. I have been waiting for such a man all my life. I shall go to his estate and offer myself as a Mindful Wife. |
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Theoretically yes. There won't be much availability in a country like that so it would have to come from markets elsewhere. But all of the previous cases like Cyprus, Greece, Venezuela etc were a crock of shit in my opinion and straw grabbing by Bitcoin zombies.
And why would any of them choose BTC over USD? You'd be able to get almost any Argentinian to accept dollars. Maybe 1 in 50 or 100 or 1000 would accept BTC.
We have another isolated market to draw on which is South Korea. Throw in their wealth and you wound up with a market that the rest of the world has pretty much chosen to ignore because it's so stupid.
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Craig Wright's real goal was to create publicity for himself, even if it's negative. So when someone writes and article about him or starts a thread, he already wins. The more people talk about him, the more chances there are that someone will take him seriously and become his follower.
He's so ludicrous, literally NOTHING about him is true or credible, that it's impossible to look away. I cannot imagine how his owners will continue to put him over but I'll enjoy finding out. If there's anyone on the planet who actually believes anything about him then he's doing us a service by luring them towards the siren call of his red socks rather than them polluting the real world. |
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He's now the cheapest on there by 75 pence.
I don't know whether sellers automate prices. Perhaps they were away for a while and gave the prices a more realistic tweak on returning. There are quite a few a grand or two or plenty more above the current price.
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Maybe it will lead to some people investing? Yeah, possible!
Goldrush? No way!
Whether miners make any money from their products isn't the concern of these companies. All they're in the business of is offering the means to do it which is a totally different proposition. I'd love to know how many machines sold made an actual return for their buyers. |
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I'm not a big fan of this metric. It isn't really any harder to fake liquidity than it is to fake volume. Sure, exchanges will have to figure out exactly what Coinmarketcap looks for in an order book, but this can be done. Just because there appears to be a buy order doesn't mean there is anything actually underlying it.
HitFuckingBTC being number one proves this with ease. How does a universally loathed exchange that no one I've ever come across would willingly visit work its way to the top? I don't know what the answer is for this problem but whatever it is people will attempt to game it. |
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So at the average superbowl 6200 out of the 100,000 people there will own Bitcoin. That sounds like a ludicrous figure to me and I don't buy it.
The survey size was 5000 and it says nothing about how they were chosen. I'm pretty sure it wasn't done at truck stops or Nascar races.
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I prefer a basic non refundable Bank Transfer if possible.
The fees are very deceiving i am finding with many of them.....
With Coinbase you need to sell through Coinbase Pro, their proper exchange, not to Coinbase. Unless you do that you'll get charged a higher fee. I've never sold through Wirex but I imagine that will cost quite a bit more than Coinbase. |
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If not, then download wirex app on your mobile, then register and you can trade straight away. Here is the link- https://wirexapp.com/globalI've heard many, many bad things about Wirex's banking. I only use it for converting BTC to put on the card and even that quite often has issues. I would stick with Coinbase Pro myself. More here - http://bittybot.co/uk/sell-bitcoin-uk/ |
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I was under the impression porn has always been against Paypal's terms but they hadn't enforced it in this case. Now they have.
Though crypto makes more sense, there's a possibility they'll be rebuffed by our very own quasi Paypals like Coinbase and Bitpay and pretty much any other crypto service that interacts with banks. American banking seems to like making pious calls and they'll be right in the firing line if they make themselves known.
Perhaps Pornhub will need to come up with some type of info sheet to make sure people can cash out without any trouble should they want to.
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I can't imagine it would be all that difficult for an exchange like Binance to offer trading pairs with 180 fiat currencies. Why not?
It is of course possible but some of the markets would be so tiny they would be 100% unusable. They might have order books $10 deep. GBP is pathetic enough on the few exchanges it's on and that's one of the world's major currencies. What would a BTC/Kazakh Tenge market look like? They would either have to offer conversion into something more liquid before trading or become a quasi Coinbase buying service but I doubt they want to do that. |
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In China's case I presume it's largely going to be about supercharging the control they have over their economy and even the biggest sceptic can see how that could be achieved with a form of money that is 100% top down. This article spells it out - https://decrypt.co/11445/how-trumps-helping-china-win-the-digital-currency-raceIt's notable that not one Western government has made anything more than the faintest noise about anything crypto has created, yet here is the world's upcoming superpower going balls deep and using to gain an edge that is only vaguely being mentioned elsewhere. |
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I'm surprised this has happened actually. I assumed they'd be forever ordered by our friend Roger to not accommodate BlockstreamBorgLizardAxacoin in any way whatsoever.
Still, their wallet will likely never, ever, ever get Segwit.
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That forum is another breeding ground for spammers to continue their spamming and getting paid for it after this forum started the merit system to curb spam. I can already see some bitcointalk vs cryptotalk threads there and the usual complaints there are about DT tagging alt accounts - which makes us understand clearly that these people sign up on this forum to get paid only.
If it siphons all the zombies away from here then I think that's the best possible outcome for everyone. I have absolutely no idea what would attract any normal person to go there let alone advertisers. All they're constructing for now is one giant dead man walking. |
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I haven't spent or sold enough of it to be taxable. In the UK it's 20% capital gains above a certain level. If that goes up then I might consider buggering off as that's a sufficient amount. I will pay it wherever I end up for the sake of a quiet life.
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I can see US citizens are scared of their IRS but this is getting a little crazy if you are scared of what the IRS may think of you if you mix. If you're under a jurisdiction that is chaotic and unpredictable to the point of giving you bad dreams and making you question your every move, you should change the jurisdiction. You're a free grownup, don't live like a slave.
I don't care about the IRS, never had anything to do with them and I have no plans to change it.
You also shouldn't worry about exchanges. Worst case scenario one country like the US will make their registered exchanges send back all funds that were previously mixed which will be such a hassle for the exchanges that many will just leave the country or go bankrupt. If they ban it there will always be someone to accept it because free market and stuff.
Better safe than sorry is a fine philosophy. Most people don't want to emigrate to spend a bit of money. I agree that rejecting mixed coins will become nightmarish but the people who demand these rules are too. Since OP's money is legit and there may be other options, or the option of staying put, then marking them for future ball ache doesn't seem like a good move even if it's an outlandish possibility. Like I said I'd happily mix coins for spending. I wouldn't do it with a main stash. |
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Why would you think that this will all of a sudden propel adoption worldwide to a new level? Doesn't make much sense to me if you put it that way, because there are already a ton of regulated exchanges that do the same thing in terms of allowing its users to trade fiat and whatnot.
I actually think that Binance is going in a potentially dangerous direction that will expose them to more regulatory pressures.
They used to deal exclusively in cryptos meaning that they can allow anonymous users a nice 2 BTC daily limit without verification. But once they start accepting so many fiats as deposits, I'm not sure if that's still possible.
Of course it won't. It's just like everything else. It'll count hwen the market is on heat. Until then nothing will turn it round. But let's wait to see the pricing and practicality as it could be a total turn off. |
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My prediction is - it'll either be higher than most dare imagine or deader and lower than the collective consciousness is willing to entertain.
In no way did I expect the magnitude of 2017 so that taught me shut up, sit back and watch.
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