AFAIK Coinbase allows bank ACH, Wire transfer, and debit card deposit for USA customers..

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Lotta drug trading yesterday

I'm not from the US, but I've heard Cashapp works really good.

Don't use coinbase.

Isn't the massive majority of the volume wash trading right now?

Now post the dollar volume

So long as the highs are progressively lower and the lows progressively lower, not especially unless you're a very short term trader. And so far this year, that's how it's gone. From a Jan peak of 17K to a Mar peak of 11k to 9700 in May, 8300 peak in Jul, 7300 in Sept, and 6500 in Nov. Much the same for the peak lows, ranging from 6600 in Apr to 5800 in Jun and ultimately 3100 this month.

Let's see if there's a break in the pattern in 2019.

Pokerlogist, cooltimer: thanks for the response. I cant use xoinbase unfortunately and wire was the option available for other sites so I was curious. Thanks a lot.

kinda feels like a good time to lock in recent gains. gambler not a trader, but when we break below 3700 I don't think it's going to be a slow drop back to 3kish

Haha my post was in jest, I've only bought 1 btc so far in the low 3's.

I plan to be buying consistently for the next year, so no I won't be selling to lock in $800

So how does Ethereum diverge so hard from BTC here?

It was WAY more oversold.

No, it was never oversold

Both correct.

When, moon?

No chance.

Just curious. But i assume a very tiny percentage of people made money in crypto this year right? Thus very few percentage of even pro traders made money this year as compared to previously when everything mooned?

Sometimes people short things that they think are overvalued. :-)

Well I bought some more BTC at about $3,600 early today. It feels like a bottom price. Seems like all the ICOs and alternate cryptos have already hit bottom. Bcash miners are in real bad shape. I hope to see the BTC price over $4,000 within the next 30 days and thus put me up 10%. A mathematical growth price model for BTC that I've used for years says that BTC is under-priced. We'll see.

What is your take on MtGox coins being released to its owners, when do you think it will happen, what do you think the effect on the market will be?

I'm thinking that the MtGox distribution has been priced into the market already and may not have much effect on the price anyway. The Japanese court ruled that the coins can no longer be directly dumped on the exchanges. They must first be distributed to the rightful creditors and they may want hold them. This doesn't look like it will start to happen until after Feb 14 2019 at the earliest.

Keep in mind that in 2015 normal bitcoin mining produced about 1.3 million new bitcoins, and in 2019 normal mining will only produce about half as many new bitcoins, about 650,000. The outstanding MTGox bitcoin count is at the very most is 138,000 as far as I know. So, relatively speaking, they are not a lot of "new" coins to add to the current total.

I don't think it's very much priced in, the Bitcoin market is bad at that in general, and like most things Bitcoin, it's difficult to measure the impact it will have, so therefore people ignore it. I think you're right that it shouldn't make much of a difference on a one year time span or longer, but these coins will all hit the market within a few weeks probably. How much of it will be sold? It's impossible to predict, but even though it's far from the full amount of user balances, the dollar value is about the same. Anything from 30-70 % is reasonable IMO, depending on how they're distributed. They will not all make instant market sells, but some of them and some of the other market players will be primed for signs of a dump, and there will be FOMO sell offs and a negative trend for at least a few weeks, is my guess.

This might not happen, but I'm not adding back in until after the redistribution, as I think there is more downside risk than upside potential in that time frame.

genuine lol, videos great.

Bitcoin Babushkas: Cryptocurrency mining in Siberia - http://www.bbc.co.uk/news/world-europe-46634596

I don't see why you'd think the 2015 number is particularly relevant. 2019 will see just as many coins mined as 2018. Unleashing another 20% on top of that is quite a bit. And miners' variable costs (power) are now a much bigger portion of revenues than earlier in the year, so 2019 should see miners having to sell a significant portion of mined coins just to cover costs.

Year 2015 saw a much larger increase in supply, 1.3 million, than anything Mtgox could produce and ther was no price depression, right? Did the great price movements in 2016,2017, and 2018 have much to do with changes in annual coin supply? no.

Why do you think not? There's a definite 4 year cycle corresponding with mining reward halvings.