I agree. Yes, proving manipulation would be the ideal case, but that doesn't mean we should not be suspicious or at least questioning market movements. Just because manipulation is not plainly clear doesn't mean we should assume all is fine in coinland.

This.
If anything, I'd say that ETH is the DOS of cryptocurrencies, since it's more geared towards applications. Bitcoin is something different, but any comparison here won't be of much use. Also, I don't think etehereum's thriving is bad for bitcoin.

Honestly, I see two main hurdles in the cryptosystem as a whole: lack of developers and the difficulty in upgrading or updating the running software in the nodes.

Just another article with the dot com bubble bullshit.
The author makes no effort to give reasons why bitcoin is like 00s amazon stock besides "it's a bubble".
Also, calling ETH bitcoin's copycat reveals a nice deal of ignorance on the subject.

It probably will.
This is  the sort of euphoria that goes well with a pre crash moment. Or bubble, if you wish.
I'd like to see all these fellas trying to cash out their paper earnings at once and see prices starting to dip.

This got me thinking the same thing, this is not a healthy behavior. It's the sort of stuff that gets the government attention and its urge to control.


I had the same thoughts about a month ago. Same thing stopped me, the risks. I kinda regret it, kinda not. If one thing, Bitcoin proposes to replace the current credit system, so I see some hypocrisy in that.

I think the need to have wallets for each coin is the strongest argument. Maybe an application will really be developed for that.
Also, the need to update the code. I can see a lot of hassle in the communities this would cause.

Would be nice anyway to have a fully implemented atomic swap protocol.

If Atomic Swaps are successful in creating a decentralized system for exchanging coins, would that mean that exchanges are not needed anymore? At least to the extention they are today.
I don't have much of the technical knowledge to fully comprehend atomic swaps, but I assume that exchanges would be simply a place to anounce your offers, pretty much like a marketplace for bartering. Maybe they'll charge so that you can be a member, but in the end they will not hold your assets anymore.
Is that possible? Am I understanding this correctly?

Eu também estava usando a FoxBit, mas desanimei com as taxas. Estou montando uma carteira na rippex, parece uma boa opção, já que no Brasil eu só uso as corretoras para comprar BTC e transferir para a Poloniex.

Source: https://www.coindesk.com/new-bitcoin-etf-filings-follow-cboe-futures-debut/

New public filings suggest that the launch of new bitcoin futures products in the U.S. has renewed a push to launch exchange-traded funds (ETFs) tied to the cryptocurrency.

According to the Securities and Exchange Commission's EDGAR system, new applications have been received for the VanEck Vectors Bitcoin Strategy ETF, as well as both the REX Bitcoin Strategy ETF and REX Short Bitcoin Strategy ETF. Connecticut-based REX's filing is dated Dec. 8, whereas VanEck's is dated Dec. 11, the records show.

As previously reported, filings from these firms were withdrawn earlier this year after the SEC raised questions about the timing of the launches.

"[SEC] Staff expressed the view that it is the Commission's policy to not review a registration statement for a fund where the underlying instruments in which the fund intends to primarily invest are not yet available," VanEck assistant general counsel Matthew Babinsky wrote in a letter in late September. REX went on to make a similar statement the following month.

The timing is notable, given that Chicago-based CBOE launched its initial bitcoin futures products on Sunday. That opening was marked by a near-simultaneous spike in the price of bitcoin and loss of connectivity on the exchange operator's website.

Subsequent reports show that CBOE's self-imposed circuit-breakers – which pause trading during big price swings – have activated in the hours since the futures trading went live.

According to data from CNBC, the price of CBOE's January futures contract is trading at $17,790 as of 10:14 a.m. EST, on a volume of 3,011 following the start of trading.

As much as I'd like bitcoin to be successful, I see no way for the koyn to get into everyday business without some real scalability solution. My guess (which at this point is somewhat of a common thought) is that altcoins based on more versatile technologies (like DPOS) and cheaper and faster tx will take on this role.

I also think that governments hold little power or effectiveness in barring bitcoin. The reason why I see such statements as positive is because it would encourage the regular joe to research and read about bitcoin, thus bringing more attention to the system as a whole. Nevertheless, we're starting to see this happening now with futures trading and more media attention, regardless of governments intentions.

While I do agree that trying to control bitcoin isn't good (if not futile) and also not capitalism in its purest concept, I understand that communism in its purest concept also does not rely in a central government, rather being decentralized and run by the people.
I think that government systems that are run by a big, fat, central institution that dictates every aspect of people's lives are rather an unhealthy form of socialism.

Not related to the topic, but it's an interesting discussion.

I'm sorry, it seems i have not expressed myself correctly. I do not wish for governments to regulate, as in create laws and taxes and rules for bitcoin. I wish for them to say in an official capacity "That's ok, you can use bitcoin (or altcoins), we're not going after you."
That would bring much more publich attention to the system and with it both money and minds willing to help to improve to protocol.

I, too, believe that governments messing around with bitcoin is not a good idea.

Japan, South Korea and Canada are the ones off the top of my head.
I really wish most of these countries would focus on legalize bitcoin rather than regulate it, but I think that's too much to ask.

I second your concerns about what could be done regarding bitcoin in most democratic countries, although I think if a government behaved likt that it would anything but democratic. It seems to me Venezuela could do that in the near future, given the massive demand for bitcoin in the country and the plans to launch a state coin soon.

But overall, I think we're seeing a movement towards legitimization of the network (which could always have its downsides).

Well, it definitely will limit volatility, since it's an official and big market for shorting the coin. I think the surge in cash in the system will lead to a sprice spike, then a correction. My only concerns are the big players from financial markets trying to manipulate the price.
That, and also the tether thing that could blow at any minute.

The way I see it, bitcoin could be thought as a bubble if it's considered only as an investment (and even then I do not agree entirely with this opinion). The thing is that bitcoin is not being seen as an such(at least for its core community), but rather as a store of value and a new currency. So the fear for the so called tulip bubble does not make sense. We're not trying to earn money using bitcoin. Bitcoin is our money.

Well it certainly sets precedent for one. The Nasdaq event should be a big boost also. I notice bitcoin is being recognized more and more as an asset rather than currency. That is also the talk you see around on may comment sections, maybe that is where its future lies.

I fear for manipulation due to the large difference between CME and bitcoin volume, some big players might try to put a finger or two on the market. However, I agree that the more money comes in, the less we will see this type of action, specially because some big players in bitcoin do not share the same values as the wallstreet folks.

I myself will mostly just sit and watch the show as the price soars once again.

Sou investidor a relativamente pouco tempo e desde do mini crash de quarta, venho notando que as moedas costumam valorizar e desvalorizar juntas frente ao dolar. Alguém sabe explicar o motivo desse comportamento?
Li em algum comentário por aí que isso se deve ao fato da maior parte dos trades serem feitos por bots.

Welp. I think it's very likely we will see a  nice boost to price now due to anticipation in the market up until close to 18th. Maybe close to the date ther'll be some manipulation in order to lower the price when they start trading?
Then on 18th it will skyrocket again.