The Bitcoin Thread

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2017: the year the same people who occupied wall street against the 1%, became the 1%
 
damnit should have sold when it was hitting 290 today but couldnt on the go thanks to wifeys christmas shopping...

wonder if well ever see 300k again... sigh
 
*SynergyX* said:
BCH tech > BTC tech....

keep that in mind before hoping for crashing and burning
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The main guy pushing it is a convicted criminal and is also trying to take over the Bitcoin name. He could have just promoted BCH instead of trying to make it replace BTC. He gives BCH a bad rep in the market of altcoins.
 
SaiyanZ said:
The main guy pushing it is a convicted criminal and is also trying to take over the Bitcoin name. He could have just promoted BCH instead of trying to make it replace BTC. He gives BCH a bad rep in the market of altcoins.
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+1 nothing to do with coin or tech, its the guys who own it
 
And still nothing on gdax... I guess they're waiting for ver to deposit more money to try absorb that dump
 
This anticipation is killing me. If BCH does not go through a correction very soon it will be very bad for BTC.
 
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BTC/ZAR price on luno still dropping while BTC/USD price is steady or gaining slightly. I can only think that there are still emotional sellers at this point who do not know what is about to happen, and are cashing out before they think they will lose everything.

Any other thoughts?
 
Gory51 said:
BTC/ZAR price on luno still dropping while BTC/USD price is steady or gaining slightly. I can only think that there are still emotional sellers at this point who do not know what is about to happen, and are cashing out before they think they will lose everything.

Any other thoughts?
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Yeah, I think so too. I normally just trade but tonight I will hold by choice as there is possibility of a huge BTC spike.
 
Hmmm... need another bottle and they still haven't opened the gate

edit: 4min according to their updated tweet(9pm)
 
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Its almost therapeutic watching the walls been built and destroyed so quickly ...

*for BCH/USD on GDAX, not Luno
 
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Gory51 said:
I mean I didnt sell when I wanted to. All my money from wallet is in BTC at moment. I was planning to sell earlier, had drama at home. missed the mark......it dropped.

Its life, but I do think it will just bounce back. Just missed an opportunity to capitalise on this .
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Another reason to keep bugging luno to implement stop loss orders.
 
Hamster said:
But since it's not regulated, was there an actual crime?
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Wouldn't know, don't know US laws on these things but, Coinbase is US.


Is Coinbase regulated?
Dec 21, 2016
Yes. Coinbase complies with all applicable laws and regulations in each jurisdiction in which it operates.

United States
Coinbase, Inc., the company which operates Coinbase and GDAX in the U.S., is licensed to engage in money transmission in most U.S. jurisdictions. Most of Coinbase’s money transmission licenses cover US Dollar Wallets and transfers. In some states, money transmission licenses also cover digital currency wallets and transfers on the platform. In other states, no money transmission license is required to operate a digital currency business

Coinbase is also registered as a Money Services Business with FinCEN.

Coinbase is required to comply with many financial services and consumer protection laws, including:

The Bank Secrecy Act, which requires Coinbase to verify customer identities, maintain records of currency transactions for up to 5 years, and report certain transactions.
The USA Patriot Act, which requires Coinbase to designate a compliance officer to ensure compliance with all applicable laws, create procedures and controls to ensure compliance, conduct training, and periodically review the compliance program.
Most states’ money transmission laws and corresponding regulations.


International
Currently, no license is required to operate a digital currency business in any other country where Coinbase operates.
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Edit, from what I understand, although currencies aren't regulated, the business still is(?)
 
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