to go from USD to BTC or whatever

I have sold out of ripple in favor of bch

BCH just seems very pedestrian. Simple, easy, quick. All good things

@Deleted User you have to provide ID info to exchanges because you’re interacting with the USD banking system.

@Deleted User you are thinking about it the wrong way around. bitcoin is anonymous. mining, trading, selling, buying, all can be done in privacy. the exchanges is where you get less anonymous because of problems with scaming. exchanges are not bitcoin or crypto. they give a platform for it to occur. there are exchanges where you can be completely anon. if you really wanted to be completely anonymous you would never buy in the first place, just mine, and only sell/hold for profit.

there are even places where you can go walk up to an atm and buy bitcoins or other coins.

with cash

You can trade on BTCe or other exchanges without ID if you're just doing crypto-to-crypto.

My point is that proving ID is not because "crypto is supposed to be anon but it's not", providing ID is because of USD banking regulations.

interesting content #1

bearish content

just generally triggered content : *cryptocurrency (people using the term 'crypto' to mean that always confuse me, it's always meant "cryptography" or "cryptology") ... ) ✡ 😨

what it does have in common of course is trust

(*oh sorry,and sorry for spamming, in 'oy-vey.png' the lower right is gold)

i'm hugely bearish on BTC & coinalikes because of my general contrarian nature and that I think it is far, far, far too hyped and institutional shekels are meeting geek boners and the world-destroying force of techno-optimism, I think that there still maybe fun to had, but at the end of the day, the shekels aren't going to the ruggedly handsome libertarian with a musket, so to speak. as far as non-BTC coins, of course, there's too damn many of them ... basically, it's the dot com bubble, only instead of making computers spit out rainbows and unicorns and selling it to investors they're skipping the whole part about purporting to need rainbows and unicorns

@Deleted User used to be that you could just send some Russians cash in a vacuum sealed envelope.

but now mainstream bitshekels try to straddle a liminal between obviously illegal and legitimate investment, neither of which was exactly what the originators had in mind (but that's typical, look ath the Internet)

one expects such services still exist, but obviously aren't advertised and equally obviously are liable to be scams / this of course is all the fault of Silk Road, like most things (ask me my Ross Ulbricht story sometime)

@Pavel Cristović are you going to short BTC?

So new to this, but basically use coinbase, then get their mobile app and I can use at a bitcoin atm via the qr code from the app?

Thanks btw for the previous info all. Still really new to me.

Excellent debate about BTC vs BCH:
https://youtu.be/4NAK-NCjdoM

>Get $100 worth of BTC
>"Warning: Amount too low to cover costs of BTC fees"

Holy crap BTC sucks

@Tanner - SC The debate is _not_ between BTC and BCH but rather between BCH and all the other forks that happened around the same time

The other forks are going nowhere, BCH and BTC are the dominant players and worthy of debating. You might already be convinced that BTC is dead, but many others are not and need to see this debate.

I'm not convinced BTC is dead because it has name recognition and the software can be updated. It almost was a few months ago

Blockchain is 9 years old this month! Here was the first block mined:
https://blockchair.com/bitcoin-cash/block/1

Do you think the BCH/BTC transfer rate will get better than 5.73

I think yes.

oh already up to 5.79

I have 10k bet bch will reach parity

Just to be sure, I want the highlighted number to go up right?

@this_that5553 in the past 24 hours BTC went up and BCH went down, does that help?

@ThisIsChris I'm trying to understand how that rate number works in my favor. If the rate of "BCH/BTC" goes up, do I get more BCH when I shift it?

i just bought in, might not hold but expecting another spike at lesat

Oh yeah, if BTC goes up and BCH goes down, I should shift to BCH and get more

chart looks pretty good atm

did anyone get in on ZCL last week?

it still may have some legs and is going to award a coin called btc private to holders supposedly on 1/8. Potential dump at that time though, I'd be careful.

I have a very small position, most of the gains were already had but could see some more. Will prob sell just prior to fork after what happened with XVG. NEO looking good, XRP will probably keep pumping too.

@this_that5553 "BCH/BTC" is "how much BTC do I have to spend to get 1 BCH?" If you have BTC you want that number to go down, I'd you have BCH you want that number to go up.

oh fug

yep