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gembitz
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December 10, 2017, 05:50:31 PM |
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Good morning Bitcoinland. Missed yesterday due to internet connectivity issues. Both my landline and my mobile were down and I was forced to go out to restaurants/bars/coffeeshops just to check the price. Then I got to my gig last night to find out they don't have wifi.
Seems we had quite a day with some serious correction/panic before bouncing right back up over $15k.... currently $15308USD/$19669CAD (Bitcoinaverage).
Old coins are currently worth $16861USD/21664CAD (Coinmarketcap).
Now that that's over with, we can start going back up again. Hopefully we'll see another ATH within a few days.
Go Bitcoin go.
my old buddy called me yesterday and said why didn't you tell me BTC was a stock :-D bwaaahahah |
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katoon123
Newbie
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Activity: 16
Merit: 0
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December 10, 2017, 05:50:34 PM |
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JimboToronto
Legendary
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Activity: 4494
Merit: 5813
You're never too old to think young.
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December 10, 2017, 06:01:39 PM |
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mornin' Jimbo
Mornin' Jojo. I just got a call from a friend who has played the stock market and PMs for decades. After watching my involvement with Bitcoin for a few years, he finally broke down and bought his first coins this summer. I think it was my earning my first million that woke him up. I helped him buy and set up a Trezor and taught him how to buy the dips and get the best prices at his local ATMs. Needless to say, he's tickled pink at the return on his investment so far, even though it's still very tiny, less than a whole coin I believe. Seems that now all his "financial advisors" are screaming for him to buy Bitcoin, citing Wall Street adoption. Now he's talking about calling his brokers and selling off a good portion of his stocks to buy more coins. 2 years ago his advisors were suggesting he buy Bitcoin and I suggested he listen to them, but instead he kept buying stocks and PMs. Every time he came over he'd be touting his most recent stock-du-jour while watching Bitcoin prices relentlessly rising and doing nothing. Now he wants to dive in gung-ho. Go figure.  |
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xhomerx10
Legendary
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Activity: 4326
Merit: 10237
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December 10, 2017, 06:06:28 PM |
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Why on Earth didn't you do an OTC sale? There's no way I'd trust any exchange with amounts above a few grand. They're too prone to freeze you over AML shite.
... because I thought I was properly verified for the level of play I was looking for. Got this email just prior to doing the sale.  Fuck me, right ? Can you buy Bitcoin with it or is the account locked? Might as well ride the train again while you're waiting  CCMF |
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jojo69
Legendary
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Activity: 3584
Merit: 5168
diamond-handed zealot
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December 10, 2017, 06:24:03 PM |
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Bob
keep us posted on how this develops...seriously.
We all know exchanges are a (for now) necessary evil/tool of the man, but if Coinbase is actively handing out fuckings à la Kraken we need to know.
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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December 10, 2017, 06:29:26 PM |
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Bob
keep us posted on how this develops...seriously.
We all know exchanges are a (for now) necessary evil/tool of the man, but if Coinbase is actively handing out fuckings à la Kraken we need to know.
Seconded. This is important. |
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Phil_S
Legendary
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Activity: 2164
Merit: 1700
We choose to go to the moon
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December 10, 2017, 06:37:22 PM |
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What a year...
What a week...
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philip2000uk
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December 10, 2017, 06:43:21 PM |
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Bob
keep us posted on how this develops...seriously.
We all know exchanges are a (for now) necessary evil/tool of the man, but if Coinbase is actively handing out fuckings à la Kraken we need to know.
At the fees they charge for selling BTC and buying back in, i'm hoping they have enough money to be reputable but i don't know. If i have a wallet, my hard drive will probably break or paper would be lost but i may think about doing it as a paper wallet if im only holding 1 btc to 1 million |
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arklan
Legendary
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Activity: 1778
Merit: 1008
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December 10, 2017, 06:45:57 PM |
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Been a busy weekend eh guys? CBOE is still a go right? Far as I could find, should kick off at 5pm Chicago time, 4 hours 15 minutes from now.
Be good to us, BTC.
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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December 10, 2017, 06:48:55 PM |
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What people think BOA patent news means: mass adoption of crypto
What it actually means: Cease and desist orders to all existing crypto exchanges, and either no use of the patent or use for proprietary bank coins
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BTCMILLIONAIRE
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December 10, 2017, 07:02:29 PM |
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What people think BOA patent news means: mass adoption of crypto
What it actually means: Cease and desist orders to all existing crypto exchanges, and either no use of the patent or use for proprietary bank coins
Good thing decentralized exchanges won't give a damn. |
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gentlemand
Legendary
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Activity: 2604
Merit: 3089
Welt Am Draht
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December 10, 2017, 07:08:07 PM |
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What people think BOA patent news means: mass adoption of crypto
What it actually means: Cease and desist orders to all existing crypto exchanges, and either no use of the patent or use for proprietary bank coins
Ah, you're a wee ray of sunshine. I know nothing about patents. How is it possible that something that's been operating for years across the world thousands of times over can suddenly be restricted like this when they had nothing to do with its creation? Can I patent KFC or Taylor Swift and fire them? |
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User705
Legendary
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Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
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December 10, 2017, 07:08:34 PM |
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What people think BOA patent news means: mass adoption of crypto
What it actually means: Cease and desist orders to all existing crypto exchanges, and either no use of the patent or use for proprietary bank coins
Good thing decentralized exchanges won't give a damn. Which exchanges are decentralized? |
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BTCMILLIONAIRE
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December 10, 2017, 07:14:56 PM |
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What people think BOA patent news means: mass adoption of crypto
What it actually means: Cease and desist orders to all existing crypto exchanges, and either no use of the patent or use for proprietary bank coins
Good thing decentralized exchanges won't give a damn. Which exchanges are decentralized? Waves is already up and running and decentralized. New platform coming up soon which will make it actually useable (the old one is lackluster and doesn't attract volume, the new one will). There's also NVO but that's not coming until Q1 2018. DEX's will be a major thing once regulators start trying to poop the party though. |
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Ivor Biggun
Member
Offline
Activity: 196
Merit: 19
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December 10, 2017, 07:22:51 PM |
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What people think BOA patent news means: mass adoption of crypto
What it actually means: Cease and desist orders to all existing crypto exchanges, and either no use of the patent or use for proprietary bank coins
Ah, you're a wee ray of sunshine. I know nothing about patents. How is it possible that something that's been operating for years across the world thousands of times over can suddenly be restricted like this when they had nothing to do with its creation? Can I patent KFC or Taylor Swift and fire them? No, I think anything that's already been publicly demonstrated can't be patented, so you can't patent Taylor Swift then send her a cease and desist order. |
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JimboToronto
Legendary
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Activity: 4494
Merit: 5813
You're never too old to think young.
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December 10, 2017, 07:24:18 PM |
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Which exchanges are decentralized?
OTC |
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Ivor Biggun
Member
Offline
Activity: 196
Merit: 19
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December 10, 2017, 07:25:24 PM |
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I'm totally fucked at Coinbase. Sitting on an obscene amount of fiat from a recent sale, but don't have access to my Funding/Withdrawal page. Something 'tarded like below is what I'm getting.
Sheeeeeeit.
Why on Earth didn't you do an OTC sale? There's no way I'd trust any exchange with amounts above a few grand. They're too prone to freeze you over AML shite. How do you do an OTC sale? Do you have to go through itbit, or is there some other route that keeps coins out of an exchange? |
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Torque
Legendary
Offline
Activity: 3822
Merit: 5504
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December 10, 2017, 07:25:50 PM |
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What people think BOA patent news means: mass adoption of crypto
What it actually means: Cease and desist orders to all existing crypto exchanges, and either no use of the patent or use for proprietary bank coins
Good thing decentralized exchanges won't give a damn. Which exchanges are decentralized? |
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gentlemand
Legendary
Offline
Activity: 2604
Merit: 3089
Welt Am Draht
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December 10, 2017, 07:27:08 PM |
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No, I think anything that's already been publicly demonstrated can't be patented, so you can't patent Taylor Swift then send her a cease and desist order.
So isn't that the entire crypto market? It's been running around with its knickers on its head in public for years, or are we talking the internal workings? In which case they can demonstrate they've been using them for years too. I'll try with Taylor anyway. |
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arklan
Legendary
Offline
Activity: 1778
Merit: 1008
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December 10, 2017, 07:28:12 PM |
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I'm totally fucked at Coinbase. Sitting on an obscene amount of fiat from a recent sale, but don't have access to my Funding/Withdrawal page. Something 'tarded like below is what I'm getting.
Sheeeeeeit.
Why on Earth didn't you do an OTC sale? There's no way I'd trust any exchange with amounts above a few grand. They're too prone to freeze you over AML shite. How do you do an OTC sale? Do you have to go through itbit, or is there some other route that keeps coins out of an exchange? Hand them cash, face to face, they send you bitcoin. Or vice versa. Also they could give you a flash drive with a wallet on it. |
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