zcash reward was very low artificially boosting price short term... that is why you seeing the most epic crash in crypto history

this is really so easy? why wouldn't miners do this. and what happens afterwards? what will the devs do after the hard fork?

I would say that they went all back to work   but this will not answer it this time. Can be just a one-off: let's monitor how this continues. It would seem strange after all, unless new people are awakening their dormant coins.  

I think the next new pump will be of higher value i mean price may jump to over $700 looking at the trend price have recently.

Bitcoin just loves...I mean loves....SIDEWAYS price action....(btc you merciless bitch! pump already damn it)

They really don't have many option. Coins are gone, either they make everyone whole, compromise, or declare bankruptcy. Those are really all your options.

As far as compromise need to find a thin line between appeasing pissed off investors and staying solvent. They were THE LARGES BTC/USD exchange by volume so all that talk about loosing trust is irrelevant/FUD sure some trust was lost but clearly not enough to have much effect judging by their volume which i believe to be pretty accurate.

As far as giving everyone a haircut without issuing IOUs or finexcoins with a plan to repay is also suicidal, that's pretty much a definition of being insolvent. So naturally come to the same conclusion as cryptsy in the similar situation. Everyone gets an IOU coins

I dont think so, btc is sleeping

Ah, gotcha. How does one tell if the ask side got eaten into by looking at the volume bars?

There are around 1600 BTC being generated every day, so people must buy BTC to price don't drop. The miners won't just hodl everything because they have to pay bill and taxes.

And low compared to what?

Volume is lower than before the halving because the halving was a hyped event, now things are back to normal

Something to add to the picture is that with all the talk of the halving, EVERYTHING to this point and till the halving is speculation. The real halving will occur when the daily supply is halved. So, the months following Friday the 8th or so, will really show us the affects. We have to consider if selling of existing coins will be able to make up the difference in the lowered supply and I really really doubt it will.

Good morning Bitcoinland.

Still battling over $580 I see.



Coiling for the next big leg up, presumably. Past $610 this time?

Another news regarding this case: http://www.theregister.co.uk/2016/05/25/kraken_mtgox_bankruptcy/

The operators of the Kraken exchange will distribute $91 millions in Bitcoins to people left out of pocket by the 2014 MtGox collapse.

No you don't just download the chain and be done with it. A full node does not only download blocks - it also receives and relays unconfirmed transactions and sends out blocks to other SPV clients.

Your node could easily send out terabytes of data in 1 month if you don't restrict it.

This node has been up for only 6 days and has already sent out 144 GB.

If he publicly and verifiably signs a message from the genesis block, I'll give your newbie butt 1 shiny bitcoin. Quote it.

The man who has identified himself as the creator of Bitcoin plans to provide further proof to his claim.

Craig Wright's spokesman told the BBC that he would "move a coin from an early block" belonging to the crypto-currency's inventor "in the coming days".

*snip*

This morning, I have managed to reach Jon Matonis, who is at a cryptocurrency event in Kenya. He remains absolutely convinced by Craig Wright but agrees that the blog hasn't helped his case.

"It needs to be amended because it's not conclusive for the general public. But that does not take away from what I saw in private," he explained.

As far as I can see it, if Dr Wright can move one of Satoshi's bitcoins - as promised - that should convince many of the doubters.

It would constitute proof that he is who he says he is - although one suspects that even then some will never believe his story.

Here is the link to the announcement!

About CME Group:

<snip>

Comprised of four exchanges - CME, CBOT, NYMEX and COMEX - we offer the widest range of global benchmark products across all major asset classes

<snip>

That's weird. Why would they delete history, I have an account there but haven't logged on in a while since I don't trade alts anymore but will check if they have cleared my history as well. OP have you asked the support about this?

if you look fo the TX id you will be able to find if you send it to the right address. If you sent to the right address you need to see if you paid the Tx fee and if you paid it... well in that case probably the site to where you send the coins is a scam...

BITFINEX !!!

I have most of my coins there and need to trade right now and I get this stupid message

"Your account is currently on withdrawal hold. Your withdrawal(s) will be locked in a Pending Approval state until the hold is lifted."

 I can not move any of my coins IM so furious this site went to crap.

withdraws take over 12 hours to get processed the past times for me.


I did NOT change my password nor changed anything !

That is true, and it is one of the reasons why "democracy is the worst form of government there is".  But other methods of reching "consensus"  are not any better in that regard, often much worse; hence the other half of the saying.

While democracy does not directly account for intensity of desire, it has some indirect ways. For example, if the majority chooses laws that are too unfair to some minority, the latter may resort to crime to make ends meet, or to terrorism and other anti-social behavior, in spite of the penal deterrents against such acts.  Then the majority, if it is not too stupid, will usually ease the plight of that minority, enough to keep those reactions down to a tolerable level.

Democracy, like anything else, will function better if most of its citizens have more knowledge (especially of other societies, past and present) and more intelligence (especially the social intelligence I mentioned: awareness of the reactions that other people may have to one's own actions, and to the actions of the government.  The fair treatment of minorities, above, is an example of decision that a majority will take if it has a minimum of those qualities.  

That is one reason, by the way, why even the richest classes should want a good public universal education: because their welfare never depends only on their own qualities and actions, but always depends on the state of the society around them.  


As I said in another post, "right" is a meaningless word if there is no government to decide who has it.  Property is not a "natural right": you property is what your government thinks it is.  There is no other useful way to define it.  

You grow a crop on the land that is property of someone else: who owns the harvest?  You may have signed a contract giving 90% of the harvest to the landowner, but if the alternative was to sign the contract or die of hunger, is that any different than him taking your harvest by force?  You buy a stolen car without knowing that it was stolen; is it your property, or still the property of the victim? If you trace the history of a land plot back in time, you will almost always find that it was originally taken by force from the previous owner; so, is the present holder really the rightful owner?

In those and many other examples, there is no "natural" answer to the question.  In each case, if the property right is disputed, the laws of the country will give general rules that say who has the property rights; a court would have to decide how to apply those laws to the specific case; and a government will have to forcibly enforce the court's decision, if the affected party refuses to accept it.