Bitcoin Cash deals frozen as insider trading is probed

Post by altocr » Wed, Dec 20, 2017, 5:07 PM UTC

avenoir wrote: post #46

wjoe wrote: post #25

Earlier quoted context omitted.

While it's valid to question insider trading in cryprocurrency, I don't think that's what made the difference here. Coinbase had said they would add BCH to their exchange before the end of the year months ago. And people had noted BCH appearing in their API a day or two ago, and then the trading pages were up for an hour or two before the official announcement, with some very large orders being placed in advance of t…

Bitcoin price started to tank on December 18th @ 00:00 UTC while BCH started an up-climb at right about the same time. This could be explained by the anticipation of the announcement from Coinbase. But then shortly after Coinbase stopped all trades for BCH, I saw this on Twitter [1]. I don't know, but this last bit is definitely looking very odd. [1] https://twitter.com/whalepool/status/943279673554894848

Post by ColanR » Wed, Dec 20, 2017, 5:12 PM UTC

pmlnr wrote: post #66

down wrote: post #61

Earlier quoted context omitted.

Your examples comes down to centralized decision & regulation, isn't money printing also "regulation" that's how they call it, wile bitcoin is the most decentralized currency, no Emperor can replace it, no changes can be done without widespread conses. The incredible energy for digging out gold just to keep it in locked boxes, same for all precious metals, diamonds.

Gold has real life use even in electrical circuits, besides being pretty. Diamond is used in the industry as well, not just engagement rings. They are also all physical objects. > no Emperor can replace it, no changes can be done without widespread conses. When was the last time humans were capable of agreeing and working together for long term? The blockchain thinks it's got rid of the mad emperor problem, where in…

Post by altocr » Wed, Dec 20, 2017, 5:17 PM UTC

zarita_existe wrote: post #3

Cryptocoins are all a big fraud - fake money to buy fake drugs. This comes at no surprise.

Post by hackermailman » Wed, Dec 20, 2017, 5:22 PM UTC

avenoir wrote: post #53

This is the second event involving BCH which is looking very "artificial" for the lack of a better word. About a month ago, BCH started an abrupt up-climb while the prices on BTC started to fall dramatically. BTC recovered soon after by hitting all-time highs while BCH prices fell pretty hard. Now we get these talks of insider trading at Coinbase. I don't have much stake in cryptocurrencies and I actually did not min…

Post by hackermailman » Wed, Dec 20, 2017, 5:27 PM UTC

Karunamon wrote: post #59

m52go wrote: post #18

Earlier quoted context omitted.

If you take the time to learn what's trustworthy, principled, and safe...you won't have any of these issues. Except (2), but that's being worked out right now. Furthermore, it's way too early to compare crypto to established finance. Just because crypto awareness has gone mainstream, doesn't mean it's ready to compete just yet. It's still technology for early-adopters. Those who don't understand that will get screwed…

I will say that one of the early benefits to bitcoin, low/nonexistent middlemen fees, is not really a thing anymore. Every single time you move across wallets, at current prices no matter how much coin you're moving, you're out the equivalent of $20USD. Considering that basic BTC opsec is to move your coins around regularly, this is painful unless you have insane amounts of money to throw around.