Quote from: adrianbits on December 07, 2017, 05:15:50 PM

Quote from: zthomasz on December 07, 2017, 04:39:34 PM

Quote from: bible_pay on December 07, 2017, 02:21:49 PM

Quote from: slovakia on December 07, 2017, 10:57:22 AM

changing BBP on CCEX is horrible: very bad exchange .. we need better

Lets count our blessings and give thanks to CCEX for making it possible to sponsor orphans.
To give you a little idea of the problem: According to the news Bittrex is receiving millions of $ of deposits and cant even keep up with the paperwork necessary to legally process the accounts. They dont have time to reply to the emails about know your customer. There is a waiting list of 400 coins on most of the exchanges. The exchanges are charging $75,000 for integrations now that BTC just doubled again.

I invite anyone to directly contact poloniex, bittrex, coinsmarkets, or any other exchange and get a quote in $ instead of a moving target - maybe someone will do it for $15K in Q1-Q2 2018. CoinExchange.IO is a possiblity, but I need someone to get a real contact there for me, not a canned reply as I dont feel we should send 2BTC into a vaccuum.

Luke found Blockbid and we will work with them a little further as they are cheap but their ICO isnt complete yet.

fyi, bitcoin just topped $19,000 usd ... coinbase and gdax are both down, probably overwhelmed by all the new customers/traffic.

I cant see this as good news. Not because it will fall - it wont. It will continue to push through ridiculous levels. So then what happens when people walk around with 100k+++ bitcoins in their pocket? They will buy up real goods and services by the penny. This can only mean prices will shoot up. Inflation because of bitcoin will have a very destructive effect.

Another thing, I do not see banks allowing this especially credit cards. Do you think they want people free from debt? Debtors are the people THEY mine. They wont want to see those slaves freed.

So banks will simply reject / take funds that come from exchanges.

Something will happen to stop this OR it will be allowed to continue so something else can replace fiat. There is something very wrong with what is going on.

Yes there are definitely a few fundamental problems with this continuing the way it is, dont get me wrong Im happy for those who had the forethought to buy BTC early for anti-inflation reasons, and happy for the success.

But I believe right now the minimum transaction fee is $17 to send money, and the network is congested. They would need to get the sidechains working, and have a "master reset" so the price comes down to earth, maybe like a reverse 100:1 reverse split. There is talk of using microsatoshi instead of satoshi also. But the tx fees need to be more like .50 cents again! Not $1.70 or $17.00 thats crazy.

The other thing is I dont think BTC is destroying the USD. Its the other way around, the illuminati are buying BTC because they fear that inflation is going to destroy the dollar soon (IMO). I see the headlines on RT say China and Russia have created an alternate oil exchange to replace NYMEX. That is the harbinger of the end of the dollar. That makes more sense as to why the Bitcoin would rise so fast - its Russia and China ready to kill the dollar.

I would say BBP is a perfect replacement for the small potatoes transactions for now.

Also, its not very cool to see the ground underneath you move 25% per day. This is what it feels like for those in Venzuela who are eating street and zoo animals now because their inflation is 70,000% and they cant afford a pound of flour per day now.

The Bible says in Revelations, the time is coming where it takes 1 days wages to work for a pound of wheat... This is the harbinger.