70-80% is still waaaaay above the average rate of success per trade. It's not just that when you apply TA that you can have 7-8 out of the 10 trades be profitable for you. TA is extremely subjective and can rekt you hard or be generous to you, especially when it comes to an asset class as Bitcoin where the sentiment can literally change in an instant.

Some people lose like 7 trades in a row, but have one successful trade bring them back into green (profit) territory. It all comes down to your understanding, the time frame you are trading, and the risk you are willing to expose yourself to at that specific moment. If TA had a success rate of 70-80% on average it would have been quite a solid profession for people to work towards.

Things in trading crypto aren't as rosy as some people may want to pass it off as.

It's getting a bit of funny (not positive funny) how people always come back to Bitcoin and point out how they think it will or might affect Bitcoin.

I get it that people rightfully dislike governments, but most of them actually love the transparent nature of Bitcoin, which helps them whoop criminals much easier than when they would have sticked to physical cash for example. Once a transaction is confirmed, it's pretty much guaranteed to be visible to the public for ever. It means that even after a few decades you can be held responsible for what you did.

The far majority of the people buy their coins from a centralized exchange where they are fully verified at. Once coins are withdrawn governments can follow every single trail effortlessly. Big brother is watching you. Tracing people made easy, lol. Agencies around the world invest millions every year in blockchain analysis, and they're getting better at analyzing every satoshi that moves on-chain every single day.

No way the US will put a stop to it, especially with how it doesn't form a threat to their beloved dollar.

Women are usually more calculated with their moves and more risk averse than men, so in that regard it's more likely to see them either just wait for it to become mainstream to enter, or flat out consider it a ponzi casino type of asset.

I am however aware of how flawed the men versus women metric is on a lot of sites, because for some reason women just check the men box when they sign up to a site. In that regard, I'm actually more interested to see the statistics of KYC exchanges, because you can't cheat there and thus get a more accurate view on what the ratio between men and women really is.

Fair enough, but the savings on fees with 3xxx addresses would be just 25ish %, which I don't think will motivate Chipmixer to actually go for it, especially with how the number of daily transactions has been declining in the last couple of months due to Tether's Omni exit. Legacy transactions are getting cheaper to send week after week.

I would put the focus more on Lightning with how cheap and fast it is for people to transfer satoshis.

All I have to do is ask them to pull out their smartphone and install the BlueWallet. I then send them like 50,000-100,000 satoshis so that they can play around with it. Yes, it's a third party service that takes care of everything under the hood, but most people don't care about that as long as they just keep a low amount in their wallet and see it work without problems.

If you think about it, it's an extremely powerful tool to send someone satoshis under a minute. They can instantly spend their satoshis without waiting for a confirmation. That's power.

Just as surprising as we broke through the $6000 level effortlessly? I'm open to the idea of a few stormy weeks below $6000 in the "worst case scenario".

Another test? How many horizontal support tests does one need? The more often we test the lower $9000's the more likely it is that it breaks. I don't see anything bullish in yet another test because all it does is expose how the bears dominate the trend.

I'm confident that the actual 'tree shake' will be more brutal than people here think it will be.

I am OK if Bitcoin falls to $6000 and I am OK if Bitcoin pumps to $14,000.

It's not really a big deal considering that every price movement right now is just a glimpse of what we will be going through in the forthcoming years. If you're really a long term believer of Bitcoin, you will love the opportunity of buying much lower than current levels. True bulls want to stack up as many satoshis as possible while the short term 'believers' cry over every semi large dump.

When we're heading towards $100,000 people will think back at how stupid they were for not buying more at sub $10,000 levels. It happens all the time. Start stacking!

@veleten.

Smart money tries to distract you from the truth by saying how shitty Bitcoin is, how it can't work, and why governments will crack down on it.

It has always been like this. I remember the same shenanigans when the biggest institutions were accumulating stocks of tech companies such as Facebook. They tried to make it look like it was the worst possible investment, that governments would not approve their business model, etc. In the meanwhile, they were accumulating in full force.

When these entities start promoting that what they preached against some years ago, know that they have what they want.

Bitcoin is indeed decentralized, but some of the entities collecting donations use centralized payment gateways such as BitPay that keeps blocking donations.

https://cointelegraph.com/news/never-use-bitpay-hong-kong-free-press-slams-bitcoin-donation-block

In other words, BitPay decides for you who can and can't receive money from you. There doesn't seem to be an end to all the negativity BitPay is involved in this year.

Positive side of this bad news is that people will appreciate BTCPay Server more. As always, people need to be reminded from time to time why Bitcoin exists, and why it's so important to support open source projects allowing you to circumvent middlemen.

Volume is quite a tricky indicator in my opinion. Even on the more reputable exchanges (i.e. Bitstamp, Coinbase, Kraken) there is clear wash trading happening. Whales tend to legitimately sell or buy x amount of coins, then after that sell or buy into their own orders to even out the ratio between buys and sells to make it appear there is no specific sentiment bias.

The fact that more coins are being deposited on an exchange than withdrawn is more telling. People are selling and/or are preparing to sell.

Right. I just checked and the average price for one year registration of an .IO domain is around $25-$30, which means $125-$150 for 5 years. If you can't even afford that when you are trying to raise multi millions, you're pretty much broke af, and you signal that it may fail in its first year. 

What they want you to do is fund their idea, if it fails you lost your money, while they walk out with a lambo and whatnot because they obviously won't put everything you gave them in their project. You're lucky if they even invested 25% in their project. It's just a get rich quick scheme. I'm however glad that the ICO/IEO craze seems to be over.

I don't think it's much of a problem on Chipmixer's end, but more so a problem when it comes to the adoption of bech32 that needs to be more widely deployed.

Bitcoin's lowering fees made people pretty comfortable with how the situation is, hence the majority of the clients don't see much need to add it, though I would have preferred them to be more active and give people that option anyway. The trend within crypto seems to be to only act when its needed, and not make sure you're ready to onboard more use beforehand. 

I personally don't have much of a problem with Chipmixer not offering bech32 support yet. Even the legacy fees aren't usually topping $1 per transaction.

I don't think we need a solution, but just enough economical incentive for miners to have them prioritize long term prosperity of the network over a short term gain by being a piece of scum.

Jihan and the rest of Bitmain control less hashpower than the charts make it look. Also, BTC.com and Antpool have lost around 5% of their hashrate share to other pools in the last couple of weeks. If they keep losing share, smaller miners will then shift to other pools because they find more blocks on a daily basis and thus are more profitable to point hashrate to.

I don't think the mining distribution has been this fair in the more recent years. It's only getting better.

If that's the story as it is, then sure, it's indeed excessive, but the problem with Roger is that he is always hiding something. The very fact that he is willing to go very far in order to get things done just doesn't sit well with me. It's not just on the edge of being illegal, but mostly well over it. It all comes down to his state of mind as he is a very emotional person.

But then again, we are somewhat programmed to only see bad in him after the split. I remember the good times where I actually looked up to him for everything he did for Bitcoin. He ruined it for himself.

The peak crypto bubble market cap of $800 billion isn't a good benchmark point. It was inflated that high because of the shitcoins that suddenly had multi billion market caps. Most of these coins have lost between 90-99% of their value because they don't offer any utility. Then we also have stablecoins being weighed in, which if taken away, it would increase Bitcoin's market cap dominance by another 3-4%.

Bitcoin should be the only benchmark point, the rest has no real relevance. Just look at the garbage here; https://coinmarketcap.com/historical/20171218/

I found this useful site that shows you how much capital inflow/outflow there was; https://www.tokenanalyst.io/exchange/BTC/Bitstamp

In the last couple of months the inflow (which means how many coins people sent to Bitstamp) has consistently been higher than what people withdrew. This pretty much shows that while perhaps fewer people are sending coins to an exchange, the actual amounts sent to Bitstamp are large enough to dwarf those who withdraw their coins.

It basically means that smart money is selling and not buying, which explains why we are trending down. Exchanges such as Bitmex and Bitfinex experienced more outflow than inflow, but that's not surprising either given their problems.

Does your "friend's" name start with an R and end with an R? Just curious. 

I think the question is more hypothetical in the sense that where the discussions will take place in case Bitcointalk no longer exists, but there is no reason to expect that this will ever happen. I'm pretty sure that in the worst case scenario the community will bring it back to life in some form or shape.

One thing is sure, they will NOT be taking place on bitchcoin dot com's forum. 

This article cointains a bit more info; https://www.ccn.com/coinbase-bitcoin-theft-case/

It indeed seems that the 60BTC has been sent to Coinbase from an external wallet, and thus not an in-ecosystem transfer within Coinbase as I thought it was.

I'm happy for the victim that the scammer was clueless about how to obscure coin taint. It's hard to imagine nowadays, but there apparently are still people who think that Bitcoin is super duper anonymous and for that reason no one can trace you. This is also how a lot of drug dealers have busted themselves by cashing out the proceeds on an exchange they doxed themselves to.

Well, obviously no one is happy when it comes to sending ID and whatnot to an exchange (or pretty much any other service or entity), but people's priority is to trade and profit. If the goal is to get rich, which applies to a lot of people in this space, then they take it for granted and just please themselves with the thought that it will be worth it.

As for the more adapted Bitcoiners, most of them will not send their ID to Roger Ver & Co. Some will probably be using that exchange KYC free until that perk is no longer available to them. I just can't see myself do that.

I think the biggest boost of users will come from their CMC listing. It's going to be interesting to see if they will participate in the wash trading war to make it into the top 10 of highest volume exchanges.

I'm pretty sure they will sort it out, but the potentially less positive part about getting it sorted out is that they might require you to KYC verify yourself in order to get the refund. I know the amount is below their KYC threshold, but when it comes to refunds, errors and whatnot, they are quite aggressive when it comes to claiming that they were right and you wrong.

Not much to do than to wait and see how they respond to your ticket. I must say though, BitPay has been all over the news lately. Bad press over more bad press.

Not sure where you come from, but you can check Bitrefill if they allow you to purchase Amazon gift cards through their platform. They accept both Lightning and Bitcoin main net. In the US the max is 2000USD per gift card. In the UK the max is 5000GBP per gift card. They have swift support too. I know from experience. No more ShitPay