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If you find it too difficult to setup a wallet, use https://counterwallet.io/ and backup the private keys to each address you store bitcoin in. For trading and the highest risk with the highest rewards, look into HYIP coins. Be very very careful. These are ponzi schemes. Literally. Having...

That Pieter guy quit ET and did not want to be ridiculed for having made a very bad forecast on Bitcoin :D

Just don't treat any exchange as a wallet. If you have to store some cryptos at an exchange because of trading, take them out as soon as you're able to and make sure you're comfortable with losing the whole thing. I had to leave over 500 OTN's at livecoin.net for 3 days because I did not know...

I should really wait as it may not hold overnight, but might as well enjoy it :D

New ATH for bitcoin today at $6351/btc. This is huge news! The institutional investors will be pushing even harder on their brokers to buy into cryptos since they have a way to offload risks on the futures market. I think $10K/bitcoin is a done deal by eoy.

You're welcome. "It was Christmas 1914 on the Western Front. Despite strict orders not to chillax with the enemy, British and German soldiers left their trenches, crossed No Man's Land, and gathered to bury their dead, exchange gifts, and play games. " http://ncase.me/trust/

"Without an incentive... there's only fraudulent computing power that aims to enrich themselves...?" The answer to this was recorded on the very first block of the bitcoin blockchain called the genesis block which contains the headline from The Times "The Times 03/Jan/2009 Chancellor on brink...

Apologies for cutting parts of your post. I'm only discussing the part of the blockchain that needs a currency/incentive for the network to function. When bitcoin first started, no one was mining, which is why it's estimated Satoshi owns about 1M bitcoins worth over $6B currently as he was the...

I think you don't understand the blockchain concept. I know Hoi has answered this on the following post, but here are detailed explanation: Bitcoin's original whitepaper published by Satoshi Nakamoto prior to the network starting. It's on Section 6. https://bitcoin.org/bitcoin.pdf A company...

There was a /s on the first sentence, but oh well, it doesn't matter :finger:

For the life of me, I don't get how some posters keep referencing bitcoin with penny stocks. Penny stocks are easily manipulated due to their pricing in pennies and low market cap. Bitcoin is priced over $6000 each. You wanna manipulate the bitcoin market? Go ahead, the daily trading volume is...

I'm sure that was supposed to be a compliment as it would be stupid to complain about volatility on a trading site called elitetrader. Bitcoin has been doing this for 7 years, but there were quiet times and prolonged bear markets have taken place in btc.

A week ago it was $5000/BTC. What a a week, eh? I know the wish of most posters on this forum is for btc to keep going up /s :vomit:

As I've said on another post, US regulations (i.e. banning cryptos) similar to Pokerstars is the biggest threat as banks and payment processors and other "gateways" would be hindered in the US and can't spend btc on Amazon, NewEgg, WholeFoods, etc. Same as Pokerstars, cryptos would be usable...

Well, that's why we trade or speculate, to make profits. It's $5600 in less than 24 hours, now what? You think it's gonna go down, you short.

The question in many minds, do we stay above or sell off again? I know the wish of most posters on this forum is for btc to keep going up /s :finger:o_O

Some perspective on using these as anecdotal evidence of a top: :vomit:

The easiest way to get the fork coin is to have your bitcoin on an exchange that will support the upcoming said fork coin. Bittrex (a NY-licensed exchange) was the best one for Bitcoin Cash fork, and soon after the fork, you had both btc and bch on your account ready to withdraw/trade/sell. It...

I hope you're right but we gotta break ath of $5K first, currently at $4828 on GDAX...