The Bitcoin Thread

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The bots on Luno are starting to get annoying as ****. I didn't mind them too much when they did small volumes. Now they buying/selling several orders of 0.25+ at a time.
 
So, my big question now :


@Lunomoney seeing you guys did not provide the fork with BTG

How about giving us our coins?

$334.6430 R4274.89
 
scienide said:
So, my big question now :


@Lunomoney seeing you guys did not provide the fork with BTG

How about giving us our coins?

$334.6430 R4274.89
Click to expand...

I would not be surprised if Luno used their private keys to claim the BTG elsewhere. Also, don't expect handouts from a company that profits R2m per day in fees.
 
scienide said:
So, my big question now :


@Lunomoney seeing you guys did not provide the fork with BTG

How about giving us our coins?

$334.6430 R4274.89
Click to expand...

They have more important things to do with our BTG, like buying new cars and real estate.
 
You guys knew that they wouldn't be supporting BTG but you kept your coins on the exchange anyway? :rolleyes:
 
Hendrix said:
They already have it, see this post:
https://www.luno.com/blog/en/post/bitcoin-gold
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Having it and paying it out to customers is completely different. Before the fork luno did not state anywhere that they would be adding BTG for clients and if they did not state it why didnt people move their coins from luno in order to get BTG. Smells like laziness or late comers just reading bout the fork and trying to gain the extra BTG after the fact.
 
John Tempus said:
Having it and paying it out to customers is completely different. Before the fork luno did not state anywhere that they would be adding BTG for clients and if they did not state it why didnt people move their coins from luno in order to get BTG. Smells like laziness or late comers just reading bout the fork and trying to gain the extra BTG after the fact.
Click to expand...

What it seems you don't realise is that Luno still received 1 BTG for every 1 BTC their customers had on their exchange. If BTG becomes a credible cryptocurrency why should Luno get to keep them? The right thing to do is pay it out. It is not theirs to spend.
 
It seems like there is some price manipulation going on at the moment on Luno. Someone with a huge amount of BTC (over 10) is putting up a sell order and slowly decreasing it, causing others to sell and drive the price down. All the way from R289k now to R280k. They could have just instant sold with fees at R289k with such a large amount as people will always jump in front when you put such a big order up. Or maybe they just don't know any better and are trying to avoid fees without realizing that they could have sold for much higher.

Edit: Looks like they finally decided to instant sell at R280k.
 
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Sensorei said:
What it seems you don't realise is that Luno still received 1 BTG for every 1 BTC their customers had on their exchange. If BTG becomes a credible cryptocurrency why should Luno get to keep them? The right thing to do is pay it out. It is not theirs to spend.
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I agree, they should have some form of payout/claim mechanism like they had with BCH.
They cannot just keep them for themselves. It’s like they feel they can do as they please because they hold the private keys.
 
$50 million of new tethers were freshly pumped out a couple of hours ago. This should send BTC up again.
 
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