Breaking: Binance Will Delist Bitcoin SV (BCHSV) on April ...

Bitcoin: Breaking All the Rules: Idiocracy: Sad vs. Happy Ending?: To Be Continued

4 years ago my girlfriend and I were trekking through Costa Rica, listening to a podcast about the silk road and a dark web. It was such a great listen and the content was something right out of a science fiction novel. Hackers, drug and arms dealers, digital rebels. The podcast went on to talk about how they used a digital currency. They talked about how it didn't have a bank, but rather it had kiosks that you could use to purchase these Bitcoins. In my imagination, they put money into an atm and out popped a gold coin that proved they owned that digital currency, silly.
Who would have thought this podcast was revealing an asset with the potential to turn rags to riches?! I just wasn't able to wrap my head around what was happening then. In my defense I was pleasantly distracted on an adventure in Costa Rica! I couldn't put the pieces together, the internet and currency were uniting under a blanket of anonymity. Must have been too busy looking for Toucans and Scarlet Macaws.
I've never been one to invest, never had the savings. Rough past and not a lot of income. Never smart with money. I was only able to go to Costa Rica because of a tiny inheritance from my grandmother passing away. If only I had spent the rest ($5,000) on those Bitcoin thingies!
I went about my life occasionally hearing about Bitcoin and I would always remember that podcast. Had I just opened up Google and followed up more, fuckin hindsight... Years go by and i hear how Bitcoin suffered some big losses here and there but I kept my distance.
This brings us to January 2017... Money is extremely tight as always and we've started taking on credit card debt with daily expenses and things are adding up. One day I'm in the men's library (shitter) and I read headlines saying Bitcoin is making a monster run. I decide then and there that I won't let this opportunity pass me by, "it's time to get ahead" says an internal voice. "But, you have no nest egg" says another. I didn't know what FOMO was at the time, but this was the ultimate case. I threw caution to the wind and went in hard towards a dream of financial freedom. It's as if the stars were going to align and I would finally catch a break. I took out a loan for 10k and stocked my digital wallet. Now I just needed to sit back and watch this thing continue to run. Financial freedom, here we come!!!
News Flash: South Korea is looking to ban cryptocurrency trading India announces they are going to crack down South Korea not banning cryptocurrency but no longer anonymous trading Bitfinex/Tether subpoena Coins being stolen by the millions US to discuss cryptocurrency regulations China bans citizens from foreign exchanges Binance "hacked" Mt Gox trustee dumping hundreds of thousands of coins on the open market Market manipulation Bitcoin is a bubble
I mean talk about a cluster fuck the moment I entered the trade! I feel like I bought tickets to Bitcoin's show and the asshole said peace and dropped the mic. This was one of the worst decisions I've ever made, and I've done a lot of dumb shit in my life. Taking out credit on an investment?! Brilliant! I made the biggest mistake in the book (one I had clearly never read) which is don't put in what you're not willing to lose.
I've read a lot of posts from veterans on Reddit who paint the perfect picture of my portrait "The Idiot Rookie and the Bitcoin" it's a masterpiece. I do commend a lot of you guys, I've seen some great advice. Advice that I wish I had read before diving head first into this world. I've always been a tough lesson kind of guy and class is in session. Hopefully I can graduate.
All aboard the emotional roller-coaster of cryptocurrency with too much invested! The last 2 months have been an experience like none other. So many ups and downs. Tonight I'm restless, so I type this story for you. This is the story about a dumbass guy who was grasping at straws and still is. His intentions may be good, but who knows how he'll fare. Sure a lot of you say cut your losses, but how do you cut ties with something you've fallen in love with? How do you turn your back on the tech after the fact?
Buckle Up It Gets Worse: Last weekend I finally broke the news to my fiance that I had done this behind her back potential increasing our debt if this thing blows up. Let's say things aren't the greatest in the love life. Trust for the first time in 4.5 years of our relationship is in question.
So here we are. The price is dropping hard, again. Things are a mess but I still hold on for dear life. Strange thing is that its starting to have no effect on me. Despite the ramifications of a complete crash, you think I would. Maybe I'd be a great investor if I didn't have debt on the line. All I do now is research blockchain day in and day out. I've done so everyday since things went south. Figured I should learn what the hell I heard about in that podcast so many years ago. Should learn about what I overextended myself with a loan for.
It really is brilliant. Blockchain is without a doubt a huge piece to our future.
All the ups, downs, sad truths to loved ones, fist pumps when I see a price pump and the swear words when they dunno (today I got caught in Ast after I fucked up my stop loss...) I've made countless mistakes and I'm sure I'll make more. I keep pushing myself towards becoming a knowledgeable tradeinvestor in hopes that I'll stop making mistakes when I do both. I'm definitely a HODLer until then, with a coin I'm not passionate about (AST) and a few that I am.
It's been over 2 months since entry. My skin is leather now, the stress of the past few months have turned my insides to stone. I'm down 60% and I'm still optimistic (or in denial?). I'm bleeding just like the rest of you, maybe even more with the interest. Will my decision to HODL be the right one? I guess only time will tell. My fiance asked me if I'm willing to accept the loss if a full crash occurs or at least willing to manage the interest until the investment turns positive. I'm 99% sure that I am, now that I know what this technology is all about.
Are you?
To be continued...
edit the reason I share my story is to not add to the sentiment of fear, but rather to give hope to other new investors. Just maybe one person, new to cryptocurrency reads this and says, ok things aren't as bad for me, I'll HODL with this dude. One less person quitting cryptocurrency is a win in my book.
submitted by MrMinesotaMan to Bitcoin [link] [comments]

[uncensored-r/BitcoinMarkets] Bittrex locked my 5 BTC

The following post by Gregory-A is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ BitcoinMarkets/comments/7hcskc
The original post's content was as follows:
Hi,
Bittrex disabled withdrawals on my legacy account which has 5 BTC stuck in it.
They say they won't allow me to withdraw unless I prove my identity.
I refuse to connect my identity to my crypto. This would put me in danger of kidnapping or extortion attempts. Especially as crypto multiplies in value in the coming years.
I'd rather take my business to exchanges like Bitfinex, HitBTC, and Binance which will allow you to withdraw without endangering yourself. (unlimited, unlimited, and 2 BTC daily withdraw for unverified accounts, respectively)
It's bad enough that they charge an exorbitant 0.25% trading fee and don't list many new ICOs, this is the last straw.
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

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On the 4-hour chart, we see that a quick bounce and dump in the past few days was the last straw for Bitcoin, retesting $8,000 just too many times. Yesterday’s rapid reversal obviously caught the bulls off guard, and price has fallen to what is likely strong support from earlier in the year. BTC chart by TradingView. The RSI is deeply oversold even on the medium-term 4-hour, and so a bounce ... Just like Changpeng Zhao warned in advance, Bitcoin exchange Binance now decides to delist and cease trading on all trading pairs for Bitcoin SV (BCHSV) starting from April 22nd, 2019. What will be the final straw for Bitcoin? I expect it to be a thing for a couple of years to come, but what happens after that? Will it all just be forgotten or what will the future look like? Will it always be a thing that nobody will ever solve, the uncrackable thing that will always be secure? Or will it just one day... On Monday, April 15, Binance exchange announced to delist the Bitcoin SV crypto token saying that it no longer meets the necessary standards for the platform. The rift started somewhere last week where Bitcoin SV founder Craig Wright threatened to sue some Twitter users calling him a scam. CZ: We first announced the Binance Chain and DEX plan last year (March 2018), as part of the efforts to grow the blockchain ecosystem. We managed to launch the product this April. Binance Chain is a blockchain developed by our community, with some initial directions from us; Binance DEX is a decentralized exchange developed on top of Binance Chain, with low latency, high throughput, low fees ... Binance Coin (BNB), the cryptocurrency of the number one global crypto exchange has been the best performing alternative coin traded against Bitcoin (BTC). Coming out of the crypto winter of 2018, the firm launched a series of projects among which are the Binance DEX, Binance Jersey and recently the Venus…

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