Never a dull day

Bitcoin holding $2.5k through all the recent events and uncertainty is quite remarkable.

The beauty about BTC is it's gone through so much ****ing ****, that anybody who is still holding, certainly isn't going to sell now. It has super strong hands.

https://www.justice.gov/usao-ndca/pr...84661/download

shouldnt surprise anyone they read the trollbox

As I've said before, I used them for the first time in many years and always thought the site was shady as ****, but the damn thing had been around so long, I figured it could be trusted. It appears they could be trusted, just not to the extent if they get arrested. They weren't looking to rip anyone off.

The damn shame is the fact it was legit one of the best exchange experiences I've had. I've been doing a lot of business on a handful of exchanges and I can say #1 without a doubt is Gemini. Btc-e excelled in deposits/withdrawals/customer service, but lacked a bit in volume.

This is now turning into an exchange review.

Gemini excels in that all trades always go off as planned. There's never any site outages or lag. Transfers and wires are free. Volume is good. USD is insured up to 250k. The downfall is fees are on the higher side. Unless your doing serious volume, your looking at .25%-.15% for any trade. Customer service is 24 hours I believe.

After BTC-e and Gemini it just starts to fall to **** where the response rate is ****ing weeks. Everything is fine on Gdax until occasionally you don't get the wire your suppose to get and the money sits in limbo. You contact support where the message always says "We are under a heavy load, it may be days until you hear from us". I went off on them last night stating "IF YOU ARE UNDER A ****ING HEAVY LOAD ALL THE ****ING TIME, IT'S NOT A HEAVY ****ING LOAD, THAT'S A NORMAL LOAD AND YOUR ****ING UNDER STAFFED. QUIT ****ING PENNY PINCHING AND HIRE SOME ****ING PEOPLE"

I almost got into the fact that they have millions to hand out to the flash crash "victims" but can't hire any staff, but that was just too much for me to do at the time. Also besides the fact of the ****ty support and occasional delayed wire, the big thing is site downtime. The thing goes down 20 times a day. BUT, you can trade fee free if you are a maker and they have massive volume so sometimes you just gotta deal with the **** in this industry.

Poloniex is pretty top notch. I just don't have much need for them with what I'm doing as they don't do USD deposits/withdrawals. Their customer service can still be very slow.

Kraken is like the cutoff of any exchange I would deal with, and after the recent BTC-e issue I think I'm going to do away with them as they aren't USD insured. They don't respond to support tickets, but there's a thread on bitcointalk.org that if you put your support ticket # into, the guy escalates it and it gets taken care of. Their trading engine sucks balls and lags to ****, but once you learn kind of how it works, you can get some good fills and that's the only reason why I've stuck with them so far. When you do volume with them, fees get pretty low too which is nice. Whenever I have a doubt if I need to get off Kraken, I look at a picture of the Ceo https://www.google.com/search?q=jess...h=1134#imgrc=_

about time Bitcoin gets its own Bill Ackman.


http://www.cnbc.com/2017/07/26/billi...id-scheme.html

You got it bud, I'm just a loser with low IQ.
Will check back in with the thread when I've stopped being a pussy and meet the 90%+ of my net worth in crypto criteria like a true boss.

Definitely not a boss, that's for sure. You might consider yourself educated, but you're certainly not very smart.

Don't pretend I advise people to put 90% into BTC. I don't advise anything nor pretend to know what's best for others. You're mad.

For the noobies here:

I then also went on to say that the biggest ROI for lower net worth people can be achieved by investing in your own education (targeted ofc).

Yeah and I actually started reading the post about investing in yourself and education and being very much on side. But then you went on...

...and then I went on a little more philosophical, which goes beyond what shallow little minds can comprehend.

This thread is surprising calm approaching the August 1st split. From my limited sample of observations, the crypto community seems scared sh*tless over BCC and thinks BTC could potentially fall in value dramatically.

Is everyone here in kind of a "wait and see" mode?

People who have been into Bitcoin for a long time can't be scared by much. It's fun to see this played out.

Those who use it want cheap and fast transactions. At the same time preserve the independence by having as little concentration of power as possible. Tough to balance, so here we are.

Perhaps Bitcoins inherent design will prove to be imperfect, very unlikely technological (hans't been hacked), but political.

Better rush to get rid of your BCC after Aug1, can't see them trading more than a few bucks each for long.

A bunch of idiots will fork off and lose money and we can cash it in. Someone said it best, when a tick is removed from your body, you are stronger, not weaker from it.

Btc e domain will have a very familiar logo tomorrow.

brings back many emotions seeing that screen on a website.

For those of you who participated in the free Stellar and Byteball distributions, what are you doing with the free blackbytes?

I sold the byteball and stellar but unsure how to dump the blackbytes. Got like 3 billion of em, no idea how much that's worth if anything?

Lots of uncertainty right now. Price will get better once consensus is reached.

https://xbt.eu

i dont see any uncertainty

Bitcoin will drop to $1500 due to the surprisingly big support BCC will get, be ready.

The question is will btc + bcc be higher or lower than current btc amount

Surely bcc is fully priced in by now

27k shorts on finex atm, lol. Would be epic if the price goes up

lol.

I can't believe that BTC's price is what it is right now given what might happen in just a couple of days.

Where do i get this data?
Thanks

How do you short it? Betting bcc goes down assuming it starts at the current price of bitcoin today? You can do this?

I read the last couple of pages. I'm just checking to make sure holding my bitcoin in my blockchain wallet isn't a terrible idea.

https://www.bfxdata.com/positions/btcusd