lol OK Charles





I felt dirty unloading my 1/20th BC for 4600 on Cryptopia

So I guess I have a third of a BCH from my 2011 Bitcoin mining - what program can I use to load that up from my BTC wallet.dat and send it to my Coinbase BCH address?

really cant take any more of those "bitcoin millionaire" nerd-fro ads.

NH, I am subscribing to your newsletter.

I'm fighting hard not to give in to FUD like during the last BCH run boyz.

I'd just like to point out. I've tried to send Bitcoin Cash to another exchange from coinbase. Transaction still hasn't gone through hours later. I thought BCH was suppose to be instant.

Whoa, wtf. Now BCH isn't even on Coinbase anymore. WTF is going on?

I want to sell this **** before it drops. Arghhh.

Edit:

Awwww ****, this is why https://status.coinbase.com/


I'm suspecting that Coinbase didn't want any selling or sending of BCH so they could help drive up the price. Damn, everyone knows this thing is going to drop and there is a panic to sell. Looks like I won't be able to join the party. May end up being 3 business days. At least I'll be able to go to bed.

Another weird observation. Bitcoin is $17,000 on Coinbase/GDAX and $16,000 on hitbtc. Is this an arbitrage opportunity?

Coinbase didn't fill my limit buy order that I setup. I was able to buy the same amount at a lower price so I can't complain too much, but that just goes to show that their service neglected a sell order. Seems like they are overloaded perhaps. Hopefully they can sort out all their issues that they're dealing with right now.

LoL did you chase this pump again buy using direct buy through CoinBase? (those lock in the price$ but make you wait 3-5 days for coins to arrive).

No, I already had Bitcoin on the exchange before the fork. This BCH is a dreadful thing and has been pumped yet again. I'm merely trying to sell. I tried to sell on coinbase and they are like "we are not accepting sells at this time" or something like that. I tried to move it to another exchange and it won't transfer.

I believe that Coinbase is trying to pump BCH. I didn't know about BCH being on Coinbase until much later in the night since I work second shift.

This is exactly how I feel...I think bch is trash and sold mine not too long after the fork but now think, as crappy as it is, bch is probably one of biggest threats to dethrone btc at this point and it maybe makes sense to hold as a hedge but I can't bring myself to do it.

Coinbase is going to be staring down millions in legal fees and, at a minimum, a high eight figure settlement with the CFTC (potentially $100MM+ depending on how much they made off the insider trading that just happened). Decent chance people go to jail if the DOJ gets involved. Hope it was worth it.

+1, shady to the extreme. So sad as they had so much respect. Turns out they are crooked af and exploited their 'power' to make a quick buck.

Do you really think so? I'm not sure launching anything unannounced would be illegal, just extremely unethical as its certain to pump the price of the new coin.

Even if they were to be fined, the amount these a-holes would have made by accumulating BCH over the past few weeks/months would dwarf any fiscal penalties.

I mean theoretically they could've just kept all of the BCH, transferred it to other sites, and sold. They told their customers before the fork that they weren't going to give them out to BTC holders

This is my exact line of work, so yes, I can say with reasonable certainty that they will face at a minimum an investigation that will likely cost millions (assuming they hire competent representation). It will span more than just yesterday's events.

The fine will take the amount they've profited into consideration and scale accordingly (if there was insider trading, which seems likely).

Appreciate the insight man. Hope they get stung!

Everyone should stop spending time on twitter/reddit following whoever supports their current beliefs. The space is just filled with a tribal mentality. The amount of shilling for a coin you do own and the amount of FUD for coins you don't is laughable. Be an investor, be here to make money during this massive bull run, who cares who wins out at the end of the day. Position yourself such that if the space wins out long term, you will win too.

This belongs more in the alt thread, but for American investors, stop jumping in and out of coins trying to catch a pump, short term cap gains will bust you (+ you likely aren't skilled enough or connected enough with inside information to win anyway). Find sound projects, invest and hold for a minimum of one year. GL

So... all Coinbase/GDAX users were just credited their fork-time BCH.

When the fork occurred, there were ~110k BTC sitting on Bitfinex. I imagine Coinbase/GDAX should have at least half that amount? Trading begins at 9am PST. Popcorn time?

why wouldnt you send from gdax for 80% less vig

oh my god, crypto twitter is endless entertainment.

charlie lee sold all of his LTC!!! hahahahahaha, ballin!

half of everyone is lashing out at coinbase in a fit of nerd rage. dude, nobody forced you to sell your BCH at $300.

i dont get how buying other exchanges effected the coinbase price? also, everyone knew it was coming soon, jan 1 announced date...

I don't mind it. Those are six smart guys if they accumulated all that mining hardware. If you don't like it, buy some mining hardware of your own.

It's not like it's impossible to start a mining operation if you want. There is literally no barrier to entry, if you can figure it out, you can start mining. I started a mining operation on a small scale. John McAfee started one on a big scale.

Don't go around thinking you're smarter than the markets. We can't predict which forks the market will value in the long run. You should already own the same amount of BCH as you do BTC, BGOLD, etc

https://truebitco.in/

Which is the “true” bitcoin? How do you choose?

The answer is simple and profound. You don't choose. Satoshi's bitcoins, unspent after all this time, are all still there on all the different forks. He owns the same percentage of each fork

Is BTC going down today while all the noobs offload their Bitcoin for BCH? Good time to buy more BTC?

I think things can get bloodier short term. BTC will be fine.

"The litecoin creator said there was a "conflict of interest" with him holding litecoin." https://www.cnbc.com/2017/12/20/lite...ocurrency.html

How is there a conflict of interest now when the price is over $300 and there was not conflict when the price was $3 or even $30?

I missed out on bitcoin and will probably keep watching it as a spectator but I'am curious and I would like to know the following:

1) why is bitcoin dropping? It looked like it would go over 20k and people were saying it would be over 100k by the end of 2018 but now it's dropping and it doesn't look that good.
2) what is this bitcoin cash thing? I assume it's related to bitcoin given the name. it works the same under the hood? Why create another one? Was it because of the fees?
3) how do you guys explain crypto coins to people who will discard them immediately once you tell them they're not physical, eg: you can't have it in your pockets?

i don't mind it either, but i'm not silly enough to call it decentralized. it's not, and it will be less and less so in the future.

yes, there's no barrier to entry. there's also no barrier to entry on the PGA tour. doesn't mean it's a productive use of a person's time to try to play that game. how much do you make from mining and how many hours have you spent on the endeavor? have you broken even yet? not attacking, just curious.

john mcafee is rich and crazy and is spending millions of dollars to start an operation in some arctic wasteland. i wonder what kind of dent he will make in the Chinese operations, where they're building their mining centers underneath hydro power plants and walking around in 2 inches of water on the floor to help keep the building cool.