Why would you hate this, Im a supporter of all crypto currency.   One of these standards has to suceed or we are all subject to just government paper for the future and we know that ends up with the common people being poorer.
Its ETH or it goes back into dollars or some other normalised currency base where that user may never return.     Really if you believe in the whole deal behind crypto currency then you should be in favour of healthy competition, if ETH is achieving things then great.  If its a bubble or mis-allocation and hype then it'll fall over but this is also how people described bitcoin at first.    They saw no purpose, just speculation but Im not so negative on bitcoin as was at first glance and I hope ETH is making progress even if Im not in it.

BTC is stair stepping upto 1050 which should be some kind of marker for its progress.   I wasnt sure if it might reset to 850 which is longer term uptrend but the recent low was part of a channel to that trend so Im not sure if its done testing lows, watching Chinese trade might give more of a clue .

Hi, Could you give any more references/info about your third point?

What does mean they submitted to a questionnaire? Could you withdraw at the end?

If not, could you at least withdraw your BTC?

Thx

Yes, they asked me a list of questions about how I came in possession of my coins. I answered, and then they performed the money wire that I requested, but warned me that they could ask me even more questions in the future. If you do a search here about Bitstamp you will see that it happened to many others.

Since I had just sold and asked a wire I guess that if I did not answer they would have forced me to buy back btc and withdraw that. I did not hear that they scammed anyone up to now, but still this AML paranoia together with the blockchain risks to kill bitcoin fungibility.

https://www.tradingview.com/chart/BTCUSD/AVRDIIr7-At-strong-support/


Also commented here (in Russian) https://vk.com/bitcoin_vanga:

Its not as easy as that, mining cartel has stated they have 100 million dollars set aside to destroy the Core fork even if they adapt another algo.

What the heck, why do they need to destroy anything.  Whats wrong with creating something superior and believing in capitalism.  If you dont believe in yourself and your product enough to think it will succeed then you have already lost, plans to destroy others just confirms your failure to everybody else.   If thats seriously their stated deployment for a new coin, its obvious to me they will not progress crypto currency.  Maybe they make a profit that way somehow, but its of no benefit to anybody else.

I always thought overly centralized hashing would be a negative, maybe their destiny is to prove that point.

Can't stop it if it's only mineable by CPU. I doubt even they could stop a GPU-Algo. Too many GPU-rigs from Ethereum that will flip to mine the new Bitcoin chain. And they don't produce GPUs themselves, they would have to buy them from AMD. And AMD can produce only so many at a time.

Drop in a bucket to the total amount of GPU equipment that would be ready to mine and secure the Bitcoin blockchain.

Can you prove they'll actually blow $100 million to kill bitcoin? People say a lot of things.