The Bitcoin Thread

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NH has been hacked.

I'm sitting in rural Zambia with something like 1kbps and heard from my wife that my miners weren't operating on NH and she couldn't get in. Any ideas what the implications are? Was it just the public facing site, or do you think there's crypto involved too?
 
I'm sitting in rural Zambia with something like 1kbps and heard from my wife that my miners weren't operating on NH and she couldn't get in. Any ideas what the implications are? Was it just the public facing site, or do you think there's crypto involved too?
https://www.reddit.com/r/NiceHash/comments/7i0s6o/official_press_release_statement_by_nicehash/

There is a wallet floating around that holds 60million that was taken from NH. Not sure how much NH held etc.. time will tell.

Here is the wallet

https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq
 

This has been brewing for a few weeks on reddit and twitter. Bloomberg ran a major story on Tuesday. Yet the market seems unperturbed. At this point, it's all speculation about what might be going on with Tether, with opinion divided on the scale of the impact if the worst case scenario is true. This is being spearheaded by a user on twitter - @bitfinexed - who seems to be convinced that the Tether/BFX thing is a fraud, but there is so much FUD and disinformation it's hard to know what to pay attention to.

This is an interesting thread on reddit: There’s an $814 Million Mystery Near the Heart of the Biggest Bitcoin Exchange
https://www.reddit.com/r/BitcoinMar...res_an_814_million_mystery_near_the_heart_of/
 
Question,: if buying and selling btc on coinbase, are your liable to pay US tax even though your outside USA and a non resident?
 
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Going up again.....hahhaha

But a question for those long term experienced HODLers, Do you feel comfortable with such a massive growth? I know its dam exciting but, it's also worrying that there is somehow some sort of manipulation behind this?

Thoughts racing through my head right now:
Is the market being pushed hard before next week for a massive Short on the futures?
Is it just FOMO driving it up?
Is it also maybe everyone thinking that next two weeks are gonna make Bitcoin hit the moon?

I know there are no certain answers , but I hope there are seatbelts on this ride. I think things are going to be scary as hell.
 
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Was that local BTC Whatsapp group setup? If so PM me please invite.
 
Its running away on Luno...percentage wise compared to Other exchanges.

EDIT:
Should bounce at R220k. The math says that Luno is overvalued by over R10k or so at the moment with the price at $13.8k. That's taking into account our normal margin that we had yesterday.

Exactly what I was thinking. Was doing the sums too
 
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