It just depends in which way you pay and what precautions you take. If you are vigilant enough, you can pay with bitcoins online and nobody would ever know who you are, or to put it better, they would know you by your address which is just a string of letters and numbers.
In the same way, paying with cash can be even more anonymous than paying with bitcoins, of course in today's day and age when they ask you why are you withdrawing more than 500€ from any bank in France for example, this endeavor of paying anonymously can be even much harder than paying with bitcoins online.
It just depends!
If you pay with cash you are likely to leave your fingerprints over it unless you wear gloves. Whoever you give it to is likely to spend it fast, so most of the time you don't have to worry. However, if someone like Satoshi tried to register another website by paying with cash the registration service might get a visit from the CIA to demand they hand the notes over for forensic analysis. He'd be more anonymous paying with mixed Bitcoins now he's famous. |
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Bitcoin is crashing. Why?  Why ? !!! Because Every beginning has an end ...... beginning start with rising and ending finish with crashing ......... The Greece crisis helped the price go up, and now it seems to be over the price is going back down. It might also be partly due to Ethereum IPO investors who made big profits selling their Ethers deciding to dump their Bitcoins. The Ethereum market is still getting big volume and someone's making money out of it. Today $755,971 worth of Ethers changed hands. Plus Bitfinex keeps stopping trades. |
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What do you think, now that everyone thinks / knows the NSA can see who has significant amount of Bitcoins and so forth...
And with cash receipts you can send them to your parents trust lawyer and they match the amount ( for all those being spoon fed )
It depends what you're buying & how you initially contacted the seller to arrange a face to face meet. For example your phone & email records are more likely to be traced than a couple of bitcoin transactions if you're using a VPN. If it's a face to face transaction of physical goods then the only non-anonymous aspect is the other person in the transaction seeing and remembering your face. If it's online then Bitcoin's more anonymous, apart from transactions where you have to give a delivery address. The only totally anonymous transaction would be for digital goods bought online using Bitcoin where you had taken every measure imaginable to ensure you stay anonymous online. |
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This tweet is the nearest thing to a statement that I could find. It suggests their trading engine's database is corrupt, and there has already been a complaint from one of their customers that his balance is not correct. I've not found a proper official statement anywhere yet, only that tweet. https://twitter.com/bitfinex/status/636258874606133248Bitfinex.com @bitfinex 2h 2 hours ago
We are experiencing data corruption issues and will be offline until corrected. Sorry for the inconvenience. |
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So if people wan´t at least try to withdraw their coins i guess they would have to close their positions first. 100k+ BTC long vs. 20k BTC short Do the math  100k-20k=80k 80k/Yx3,14=$32000 coins!!! CCMF!!! What if Bitfinex doesn't have enough coins to pay everyone if they all withdraw at the same time? They might go offline and keep saying they will reopen sometime in the future like Gox did. I don't think Bitfinex has ever done a proof of reserves, or has it? |
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Recent spike--panicked traders rushing to get their $$$ out of BFX, no matter the cost?
The same thing happened after Stamp got hacked. The price shot up as anyone who wanted his coins out fast bought at any price. It soon crashed afterwards though, down to 150 ish. If I had money on Finex I'd be willing to take a big haircut from buying over priced coins to get it out of there as fast as possible. |
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get your BTC out of bitfinex b4 it implodes! I expect full implosion in 3 hours so regretfully there is no time to save your fiat... you can however buy BTC with your fiat and get out that way. everyone remained calm and evacuate your riches from bitfinex.
Their customers can only buy Bitcoin to get out before the predicted implosion if trading gets unfrozen in the next three hours. What if Bitfinex refuses to unfreeze trading before then? According to their last tweet they are manually updating positions and balances with the trades. That must be a time consuming process. |
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Trading on bitfinex has resumed.
That's what happened last time but trading stopped again after about half an hour. How long will they manage to keep their trading engine running this time before it freezes, or is frozen deliberately by them for some reason or other? This has been happening too often. sounds like every time the market moves in any major way they freeze .. apparently your only allowed to trade on bitfiniex if the market is moving sideways. they must have some serious issues over there. I think it's frozen again, there have been no trades for the last 8 minutes. It seems like they give about half an hour's trading then freeze the market when it starts moving up or down by a few dollars. Gox used to attempt fixing their trading platform while it was running and Bitfinex seems to be attempting it now. "Update again: We will be halting the trading engine again for a few minutes to update positions and balances with the trades." Isn't the whole point of having a trading engine that it's supposed to automatically update positions and balances with the trades? There's not much point having it if they have to do everything manually. I hope they don't lose track of who owns what. |
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Trading on bitfinex has resumed.
That's what happened last time but trading stopped again after about half an hour. How long will they manage to keep their trading engine running this time before it freezes, or is frozen deliberately by them for some reason or other? This has been happening too often. sounds like every time the market moves in any major way they freeze .. apparently your only allowed to trade on bitfiniex if the market is moving sideways. they must have some serious issues over there. I think it's frozen again, there have been no trades for the last 8 minutes. It seems like they give about half an hour's trading then freeze the market when it starts moving up or down by a few dollars. Gox used to attempt fixing their trading platform while it was running and Bitfinex seems to be attempting it now. |
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Trading on bitfinex has resumed.
That's what happened last time but trading stopped again after about half an hour. How long will they manage to keep their trading engine running this time before it freezes, or is frozen deliberately by them for some reason or other? This has been happening too often. |
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I can't believe Bitfinex has frozen trading again. Are they doing it on purpose or is it due to incompetence? I hope they don't become the next Gox. This is an extremely worrying situation. I think the last crash below 200 was partly due to their frozen market when everyone was left to speculate on what had gone wrong.
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Finex freezing again..
Froze with a 1078 buy according to bitcoinwisdom.com. Not again. When one of the biggest Bitcoin exchanges keeps freezing trading it gives everyone the jitters. If there's some serious problem with their platform it could lead to a sell off because everyone remembers all the other exchanges there were problems on. They should have 100% trading uptime for a trading market. |
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Everybody, get ready for a massive dump, because I just bought back in. Somehow what I do always makes the price do the opposite of what is good for me.
I thought it was all about me and you're saying it's all about you  anyways I'm ready for the dump I know the feeling. I was up briefly yesterday and chose to hold just before it crashed. Then when I didn't choose to buy the price went back above what I panic dumped for. I should have taken my meager profits when I could and bought back at 200 but I thought it was going lower instead of bouncing off it. Perhaps I'll take LFC_Bitcoin's advice in the future. |
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AAPL -10%
NFLX -16%
IXIC -8%
DJI -4%
BHP -8%
BRK.B -6%
BP -7%
Better sell *everything* and buy buttcoins.
[prediction] Next spike $560,000 14 months from now -- by master investor sgbett https://bitcointalk.org/index.php?topic=800330.0Still laughing at this one... He's still got until November 27 for the price to spike at $560,000 per Bitcoin, though in retrospect it did seem like a slightly over optimistic prediction. To be fair he couldn't account for the Gavin coin effect on the price as Gavin coin didn't officially exist until recently. |
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Wtf. .. where are we going? 215$ this is some serious shit, i m thinking to sell i have just reedemed my paper wallets
I'm thinking to buy, I'm just waiting up on some money... and even lower bargain prices. Man, people are gonna regret selling 8 months from now. There's that big psychological barrier at $200 looming. If it goes below that the drop will be big and fast. Everyone's wondering if it's going below $200. It might only be a coincidence the stock market crash is happening on the same day that Bitcoin's going down, but you never know. Some traders might be dumping Bitcoins to make up for their huge losses on stocks and shares. |
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I'm glad I moved everything I had off Bitfinex before this downtime and the flash crash before it. I'm annoyed I missed a chance for cheap coins during the flash crash, but relieved my coins aren't stuck on Bitfinex now. I was toying with the idea of moving my coins back to Bitfinex in case there was another flash crash. Thankfully I never did it. will there be another crash if/when Bitfinex starts trading again?
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It's hard to predict the BTC price right now because there are events coming with unknown times like the next US Marshal's auction and the return of some of the Mt Gox Bitcoins to the Mt Gox account holders after the court case. These events will probably affect the BTC price but nobody knows for certain when they will occur.
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Coblee, the Litecoin developer, has the answer with an elegant and simple fix... "CT: Can you explain why Litecoin is ‘immune’ to the spam attack? CL: The fix implemented in Litecoin is just to charge the sender a fee for each tiny output he creates. For example, in this specific attack, the sender is charged one fee for sending to 34 tiny outputs of 0.00001 BTC. With the fix, that fee would be 34 times as much. So it would cost the attacker a lot more to perform the spam attack. The concept is fairly simple: the sender should pay for each tiny output he/she creates." Source: http://cointelegraph.com/news/114791/litecoin-shows-there-is-a-simple-fix-for-spam-attacks-on-bitcoinNobody has attacked Litecoin with spam yet, so that's only an untested theoretical solution. Litecoin's transaction fees must be less than Bitcoin's so it might be economically viable to spam attack Litecoin. If that solution was used in Bitcoin it would make it more expensive to spam attack, but anyone with enough money could still attack it. |
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Nah ... Greeks love tourism. Greek islands are peaceful places. Sure, I would avoid large cities and public places (tho even that might be being too cautious), but I doubt there will be much other than gratitiude for tourists in the islands. They NEED that income and all small islands are like mafias ... crime breaks out that affects business, it will be nipped in the bud. Sure, I would expect a little more crime there if everyone is carrying cash, but the islands are one of their greatest assets and they know it. Stand with the Greeks, take extra money and spend it all, they need it  I'm half expecting a massive street party once they are released from the tyranny of the EU, if that happens. Sure, lots of hard work ahead, but no more boot stamping on the face ... macgsa, interested to hear your view ... btw, I am not implying that greek islanders are only friendly to tourists for the money  Greek islands are a place of Heaven that escaped on Earth. The current problem is that WE (the Greeks) cannot withdraw more than 60Eur per person, a day. That doesn't apply to a tourist coming to Greece. They have the ability to take infinite amounts. If you check the posts from tourists that are now on Greek islands, you see how the world is rolling here. Personally, I don't anymore expect a Grexit. I don't expect a nice deal for us either, but I do expect a HEAVY debt reduction by the institutions. Similar to the one that occurred to Germany's debt in 1953 with the London treaty. Call me a fool, but that's what -I think- is the reason Greece has not already been on Drachma or something similar. We look forward. We're strong and grateful that we live here. Money don't matter. People do... You are probably right, now Germany has agreed Greece needs debt restructuring. Germany stubbornly refusing to consider restructuring was the biggest impediment to a deal. Now its changed its mind a deal might go through this weekend that prevents a Grexit. http://www.reuters.com/article/2015/07/09/us-eurozone-greece-idUSKBN0P40EO20150709Germany conceded on Thursday that Greece would need some debt restructuring as part of any new loan program to make its economy viable as the Greek cabinet raced to finalize reform proposals to avert an imminent economic meltdown.
The admission by German Finance Minister Wolfgang Schaeuble came hours before a midnight deadline for Athens to submit a reform plan meant to convince European partners to give it another loan to save it from a possible exit from the euro. |
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Taking a shit load of euros, don't worry Torque..
Rather deposit € on exchange (arbitrage) and try to sell btc local there... after all Mascga said prices for btc are high (50€+ compere to actual rate)  Wouldn't that involve selling in person via Local Bitcoins? I wouldn't want to show off big wads of cash in public while selling Bitcoins in Greece. Considering you can only make tiny daily ATM withdrawals anyone showing off cash will risk robbery. Desperate people often do things they normally wouldn't consider. |
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