Tag Archives: facts

No Gemini follow up about Bitcoin Cash

gemini-bitcoin-cash-nothing

Some of us bitcoin holders held bitcoin in Gemini exchange during the Aug 1 fork, we knew Gemini was not supporting Bitcoin Cash, but after the fork and BCH/BCC become quite a valueable coin 99% of non supportive exchanges have since announced they will distribute Bitcoin Cash for their users, some have immediately (Poloniex, Cex, etc), some announced they’ll be distributing later, like Coinbase announced they’ll be distributing in January 2018.

Surely every non-supporting exchange had pressure from users, hoping and requesting they get BCH, Gemini ended up posting this on Aug 3 addressing the BCH forking issue on their blog:

Since the “hard fork” on August 1st, 2017, we have been monitoring the situation closely. Currently, Gemini does not support trading or withdrawals of the newly forked chain (BCC / BCH / BCash). As we first wrote on March 20th, 2017, and later updated on July 26, 2017, we will make every effort to support withdrawals for the chain with less total difficulty (in this case BCC). As a result, we are currently working on a technical implementation for a one-time withdrawal of BCC for our customers. With that said, any modifications we make to our digital asset storage system (including support for a one-time withdrawal), are made with extreme caution and require extensive security review to ensure the integrity of our customers’ assets. We appreciate your patience and understanding as we take the next few weeks to build this functionality in a safe, secure, and responsible manner. We will post material updates when we have them. If you have any questions, please contact Gemini customer support at support@gemini.com.

So it seems like good news, but after emailing them at their above support email, asking for an update on this situation, they responded with this generic response:

Thank you for reaching out. Currently, Gemini does not support trading or withdrawals of the newly forked chain (BCC / BCH / BCash). We have been monitoring the “hard fork” situation closely and are currently working on a technical implementation for a one-time withdrawal of BCC for our customers.

Any modifications we make to our digital asset storage system (including support for a one-time withdrawal), are made with extreme caution and require extensive security review to ensure the integrity of our customers’ assets. We appreciate your patience and understanding as we take the next few weeks to build this functionality in a safe, secure, and responsible manner.

Material updates will be posted on our blog here: https://gemini.com/blog/update-bitcoin-hard-fork-bitcoin-cash/. Please let us know if you have additional questions.

It’s actually copy and pasted from their blog. 🙁

Gemini! It’s August 21! Can you please update us, many of us have been loyal customers and would appreciate an update on this situation.

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Litecoin to be added to Bitstamp exchange

Bitstamp announced addition of Litecoin

Bitstamp announced addition of Litecoin

Bitstamp has recently announced they’re adding Litecoin to the exchange next week, along with Ethereum to follow shortly after. Great news for crypto fans especially those with interest in LTC and ETH 🙂

Let there be Litecoin!

We are delighted to inform you that Litecoin (LTC) trading is now available at Bitstamp!

That’s right! In addition to the BTC and XRP trading pairs available, we now have three more to announce. Please join us in welcoming LTC/USD, LTC/EUR and LTC/BTC into the fold!

For more details, check our announcement here.

Thank you, as always, for your continued support. Onwards and upwards!

Best,

The Bitstamp team

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Bitcoin reached $1435 all time high

1435alltimehigh

JEEZUS!!!! Go go go! Bitcoin is making a move reaching another all-time high of $1450+ (on Gemini, Bitfinex, Coinbase, Bitstamp, and other major exchanges) and lot so of altcoins are right behind, rising large %’s today. Lets hope this upward trend continues. Lots of developements happening with Bitcoin, ETH, Ripple and more.

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Coinbase adds instant Paypal buy/sell payment option

Coinbase adds instant paypal or debit card payment/selling options

Coinbase adds instant paypal or debit card payment/selling options

Today Coinbase announced they now allow instant sell bitcoins through Paypal at 3.75% sell fee. You can also instantly buy with your debit cards at a 3.75% buy fee. These are both instant. American citizens can still always buy with your verified US bank accounts for 1% buy/sell fees, with higher limits, but these usually take 4-5 days to complete.

If you don’t have account already, Join Coinbase here.

Good news to have more options, but Coinbase, myself and many other bitcoins are begging you, please let those fees become more comparable to Bitstamp and Gemini, more affordalble!

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666 – The number of the beast

Well today is national “Bitcoin 666 – number of the beast day”, yes I proclaimed today as this! We hit $666 and bitcoin is all over the place the last few days. Lets settle on this, today is BTC666 day! What are you going to do for celebration? Egg your neighbors house? Pee all over the toilet seat? … ok ok, lets not get any worse than this! LOL

Bitcoin $666 the number of the beast!

Bitcoin $666 the number of the beast!

devil

…. ok enough of this, let quit this craziness and go “to the moon” from here on out! 🙂

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Bitcoin halving – will the BTC price rise soon!?

The bitcoin halving is coming very soon, approx 3 weeks from today. You can watch the countdown at Bitcoin Clock here.

So since the price has soared to over $700 this week, with still 3 weeks until halving what would you expect to happen from now on? More rise rise rise and then fall after halving?

Would love to hear your opinions, please comment, discuss 🙂

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Namesilo registrar now accepting bitcoin payments

NAMESILO now accepts Bitcoin!

Namesilo registar now accepts bitcoin payments

Namesilo registar now accepts bitcoin payments

The new, up and coming registrar Namesilo now accepts bitcoin payments for all domain registrations, transfers, and renewals. They are becoming prominent in the registrar scene because of their low cost domains, holiday and random discounts, and FREE WHOIS PRIVACY!

Join NAMESILO today!

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Makati Manila Philippines bitcoin ATM machine spotted

I was walking around Makati area, actually Burgos St. area in Makati Manila Philippines and spotted a bitcoin ATM machine at Sunette Tower Suites. Bitcoin is growing around the world guys!

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