So you're saying I'm doing it wrong?

.

Bump  

1GwTAJWwaATn8XvG8amWXGb94gN6Dt6LQ8

I call volume settling.  The market will continue a downtrend.

But the price is going UP

Russians selling all their BTC should be pushing the price DOWN.

Bump, I'm interested in this.

I have heard of people having problems with cryptsy in the past.

Have you done anything which could have made them suspicious?

This 30k wall I keep hearing, was that the sell order which pushed the price below 300 USD.

And you call it a wall because other sellers (stoploss) didn't jump in to push the price deeper?

So speculation shows that the 30k wall the Europeans brought back when the market opened is the bottom support?

Bitcoinwisdom shows the same thing happened back around mid August following a massive sell off.

It then continued its steady downtrend.

This time things look different. There is steady upwards movement with steady volume. Nothing to substantial to predict movement up or down from here.

How do the rest of you read the graphs at the moment?

How did you find out all that information?

That's a truckload of addresses.

Can you find them out by software to look at transactions through the blockchain and where BTC was sent/received?

This is where we start to enter a different ballpark, do you really think the kind of people who could scam vulnerable men would care of this comment. Or that they have no heart?

Girls aren't innocent, people aren't innocent, in this world be careful of who you trust. Even some of the good will fuck you over given the chance eg. tempted with you leaving some cash exposed.

There are a huge range of personalities and unless you really get to know someone face to face it's impossible to understand them, or where you stand with them.

The biggest eye opener to me was to find that 1 in 10 people are considered sociopaths, they have no moral conscience. This doesn't make them scammers or axe murders although it makes me very weary of who can be trusted. Women however tend to show more manipulative traits than males. I hear this is because women lack the physical strength of men and make up for it in different ways.

I realized this way too late in life causing me to get taken advantage of by both men and women.

What are the options available for changing bitcoins into altcoins and storing them in online and offline wallets. I recentry read a post on a  new exchange that provides this service although lost the link.

Am I correct in assuming the majority of online exchanges only allow withdraw in fiat and btc?

I also know you can buy and sell alt coins on sites such as cryptothrift although you need to find a buyer/seller.

Thanks.

Bitcoin and other alt coins can be banned from country to country although they can not enforce the ban completely. Illegal activities will still occur. You can't control a decentralised currency only make it harder to use.

Smart countries know regulation is better than banning. The more authoritarian a country is the greater chance of a ban.

So even if there was absolutely no mining going on the price could still rise and fall based on buy and sell orders?

Each to their own... I guess

I've been interested in BTC for a while and want to understand more along with trading alt's etc. I keep hitting some walls trying to get my head around some of the financial details for bitcoin.

Please help me get my head around bitcoin price in relation to mining difficulty, mining, and the future of the crypto.

I have seen people changed from CPU's for mining to GPU's then to ASIC's because of electricity costs to value ratio. Now that the price has dropped miners are investing in solar energy to power their farms.

As it becomes more difficult to mine a bitcoin older technology becomes obsolete due to difficulty as does falling BTC to fiat ratio. What is going to stop this next downtrend if there is nowhere really to go for the miners.

Bitcoin farms will be unplugged. No more bitcoins but users still trading. So more users want bitcoin but less are being produced.

Does this create a supply/demand issue causing the price to eventually rise again in the same way as resource prices are dictated?

Or could the price just fall off the map for other reasons?

I only read page 1 and 10 so don't know if this has been mentioned yet but there are probably plenty of girls around that just don't tell anyone. In a male dominated forum I'm sure there's risk of unwanted attention. This would be a good reason to keep quiet.

For all you know I could be a girl and just reluctant to tell.

Because there is a chance that I am female feel free to send your donation below  

I would go with a bitcoin core encrypted wallet.

I'm new, so I'm buying, although I can't find much information of cash deposits in banks. I want to keep my btc anonymous because it's my money and if I want to hold cash outside of the centralized banking system I shouldn't need to let anyone know.

I am looking to hold a small amount of btc and have considered localbitcoins, problem is if I cash deposit at a bank through a trusted user do I need to provide ID? Will I remain anonymous?

I'm in Australia, this may differ from country to country.

Any help is appreciated. Thank you.

Regards, Gallah