I'll be interested to see how it acts if/when there's a generalised alt pump. I'm going to give it to the end of the year to see if there are any signs of life. It's not looking good but things can turn on a dime.

But that in itself is frustrating and depressing. After all this time it's still picked up and dropped again. It's gained effectively zero traction.

If nothing much happens it may be time to stick a fork in it.

It's been five figures for all of three days.

I'd be fully confident it wasn't going to head back there after a minimum of one year above it and in the meantime I'd want to see prices heading well into mid five figures to believe it was truly unlikely any more.

The only one I'm 100% sure of is that three figures is history for good.

Hope not. We're not long out of beariness. The last thing I'm in the mood for is a short term bubble that pops once again and may leave another year or two of boredom and down.

I would much prefer the next 12 months to be steady and then the real move taking place into 2021. I don't think you reach 60k in a short time frame and not pay with a lengthy hangover.

I would start a thread on r/Bitcoin. You'll get vastly more exposure than their own sub and they may be much more likely to take action when it's that visible. Post it here when it's up and I'll upvote it.

You could also try r/bitcoinmarkets which is filled with Bitmex users but new threads usually don't go anywhere.

That 2 billion is churn largely on exchanges that are faking volume still.

It's not the concerted selling of real coins. That's a vast amount of extra selling pressure with no buying back. A whole month of it would flatten BCH completely.

Though I still don't really believe it some say the Gox liquidator selling on market was one of the prime factors in Bitcoin's fall 2018 and that was only about 50,000 coins.

You have to do some major research to find the contis name and there's no one else to turn to in this time of need so that makes it Wirex's problem. They're the ones with their name on it. Still nothing from them.

Whatsapp.

Loads of businesses still don't have card machines. Almost everyone has that. If you're out with your friends you can all settle up whatever bill with it immediately. If you're in another country there's no transfer wait, excessive card fees or any need to buy cash or use an ATM.

All the same I'll be very curious to know how volatile the exchange rate is. I'm sure it'll be very, very modest but even then it's not something most people are used to. I dunno what proportion each currency is planned to have but the Brexit result for instance would've produced a very noticeable knock.

But I still don't think this has a chance of being allowed to live in the form they want it to.

I wonder who'll touch this. Obviously things will look sexy for a while again but they'll make an eventual return to devastation. No matter what, their BCH bags are indicative of a mind set that's either repulsively irrational or that of a dimwit gambler.

It was a really stupid move to ever get that deep into anything that's not a core part of what they're trying to bill themselves as.

If Amazon floated in the last few years with a pile of Blockbuster shares tacked on investors would wonder what the fuck they were thinking.

Meh. I thought this was regarding THE Bitfinex hack. Which was probably Bitfinex themselves anyway. Looks like these two were compromising accounts which any old cabbage can pull off.

It's pretty much a cast iron rule that as soon as anyone says X price is gone for good X price returns near immediately and does a jig on your face.

Four figures is only a small percentage away. I fully expect it at some point and it needn't be anything dramatic, just chop. All of these breezes through prices previously thought to be massive barriers mean it can breeze back to them without much going on as well.

I can only judge on what's placed in front of me. And the people who were broke and crap with money decades ago are still broke and crap with money now despite at various points earning vastly more than I ever did.

They pay lip service to sorting their shit out and then go and shit all over that. I've genuinely never known anyone who broke out of that behaviour.

You get a special pass since I think of you as the progeny I never had.

Here by my blessing upon thee.

He spends properly on travel. If you broke into his house you'd probably smash it up in disgust. My rubbish bin has more valuables in it than the whole of his place.

The rich stay rich by acting poor. The poor stay poor by acting rich.

The blingiest people I've come across never had a pot to piss in. I have an in law who's the richest person I know. He makes a couple of million quid a year. The last time he stayed at a fancy hotel the staff asked him to hide his 2003 Skoda out the back.

And many people are born doomed when it comes to money. No matter what they can't make the best of it or hang on to it. I've seen it many times. It's a talent as much as anything and you can't teach that.

https://medium.com/@danielkelman/opinion-on-current-issues-in-kleiman-v-wright-4240e4fcfd5

Finally some qualified legal opinion here instead of us lot guessing a bunch of shit.

An interesting angle that I hadn't really pondered before is the motivation of Kleiman in bringing the case. This geezer reckons it's to force a settlement out of Craigy.

Since I've never heard of any Kleiman coming up with anything pointing to Dave having anything to do with BTC then it makes sense. They may be just as opportunistic as he is.

I'd say on the surface this makes the most sense, but why would you wait a year and a half to empty it and when the price is still considerably lower than when the device was loaded? Hope OP gets some sort of answer at least.

Nothing you dangle in front of me will convince me he's anything other than a blunderbuss hoping to find a target somewhere by running his mouth until it bleeds.

All the same I hand kudos anyone who points this out. Not enough people take this on board and this is what finishes off traders and leaves holders thriving into the future.

In most countries tax is taken on trust. You declare it, calculate it and pay it. No one has the time or interest to track everything. If they believe there's an anomaly then they'll start to properly investigate things.

That figure is for the EU, not US. There'll be a lot more law breaking going on cross channel than cross Atlantic.

And the legal business has limited resources just like everywhere else. They're going to point those resources to things that are important and relevant, not some spat over coins that don't exist.

Why would tax payer funds go on dealing with something so piffling? The small number of people who have been extradited have been terrorists and those who've directly pissed in the mouth of the US government.