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That's a bit odd comment (coming from you). You know that GBTC is fully backed by real BTC, so it's price will at least match that. It's normally (much) higher quoted because it's (currently) the only ETF tradable by Americans. And thereby the only one who can be held in an IRA-account (with all...

Bitfinex (one of the biggest, and didn't have any trouble today).

A "natural" circuit-break works just as well, maybe even better than the CME proposed circuit breakers. Let the market just do its work:

Whale picking up cheap coins:

No drama, just at the price level of 3 days ago. In a week we are back above 10.000 again (unless there is real news).

Flash crash happening right now: nice cheap coins coming in :) {Only if you already have limit orders waiting and entered yesterday, because a lot of exchanges have difficulties to enter any order: stress test in progress...}...

I'm probably older than you. Sold my huge IT-investment too early in 1998, for only 400k, just because I though it was already over the top. Huge mistake as it would have been 13000k at the top in 2001. I learned it the hard way not to Hodl if the bubble is just starting. This Bitcoin thing...

You still don't understand it yet, heh?.... we crypto traders really like if it falls a few thousand, we will buy it very fast at those cheap levels... free money in no time.

Yes, I walked away from Kraken as well. Used them to dump Bcash, but it's not workable anymore. They have to invest heavily in hardware, or go bankrupt.

Hi @neke, I'm was a big fan of your Survival journals, read all your posts and a pity that your stopped. How is it going now? At that time I compared my P&L with yours and although we trade differently we matched more or less. Until I focused my attention more to crypto (and made huge profits)...

What he means is that there are no Brokers as middleman between you as Trader and the Exchange. In crypto land you hold your assets on the exchange itself, or what is the future: even the exchange is replaced by p2p trading (some already exist).

Mining one coin will never cost more than the price of the coin itself (it will auto adjust to about 25% to be profitable, and if nearing 100%, then miners will drop out). If what you say "soon" will it not be possible for 99% of US citizens, that will mean coin prices of 50.000+, which will...

What's the point of repeating the same false arguments for 4 years, while the reality clearly proves otherwise? Or in the analogy of the cars: telling the same in 1915 while seeing everyone around you driving or wanting a car, while you still ride your horse. I agree!

Yeh, Pekelo was trolling me badly in 2013 and the years following. What a missed opportunity. He is like those horseman in 1905, telling people that Cars smell badly, make noise, are dangerous, are expensive, and uncomfortable, while never saw any car in real live but heard it somewhere from...

I'm neither, and don't use any leverage. Good to hear, but cash-settled futures aren't the real thing, and those are leveraged. I wonder how you would handle last weekend's 17% jump, when CME is closed and you are short (or visa versa). Hedge funds have no problems with that. They are moving...

Satoshi very well knew he created a deflatoir currency. He programmed that inside the miners incentives algorithm. He knew very well it could take more than 12 years to reach a more or less stable phase (when the top part of the S-curve kicked in). He is just smiling in his grave!

Just think about this: if Bitcoin goes mainstream, then each and every millionaire on this globe wants to have at least 1 full Bitcoin in his portfolio. Sadly for them: there aren't Bitcoins enough, as there are more than 20 million millionaires......

By the way: Coinbase is popular in 33 countries (Charles Schwab, only USA?). So a lot more upside to expect....

With that post, you made yourself an idiot. It just makes me smile :-)

Yes, I'm an idiot spending Bitcoins on anything. Sure! But if I wait till Bitcoin stabilizes on its top of the S-curve, we are 10 years further. And I'm nearly 70 years old...to old to enjoy my profits..... So no!