Latest Posts
United Bitcoin (UBTC) Hard Fork Happening Today!
United Bitcoin fork
United Bitcoin (UBTC) will fork from the BTC blockchain at block 498,777. The ratio of UBTC you will receive for every BTC in your wallet is 1:1
Will BTC Futures Push Price To New Highs?
BTC futures are now live. Will Bitcoin futures push BTC price to new highs?
Bitcoin Bullish Break Before Futures Release
BTC price has broken above the down trend line from the last couple of days. With futures releasing today will BTC soar to new all time highs?
Nicehash Hacked – Mining Profits Gone?
Nicehash Has Been Hacked
Nicehash is down due to being hacked. Are all customers mining profits lost?
Bitcoin $20,000 or Crash By End of 2017
BTC Price Analysis – December 7, 2017
What is going on with BTC price? Will Bitcoin price hit $20,000 or crash by the end of 2017?
Bittrex Finally Responds To Identity Verification Delays
Bittrex Identity Verification Delays Official Response
I received an email last night from Bittrex in response to the identity verification delay problem. Bittrex wrote:
Over the past couple of months, Bittrex has been in the process of improving its identity verification procedures. There are a number of reasons to improve our processes, including that improved identity procedures help protect Bittrex users from theft and fraud, and prevent abuse of the Bittrex platform. In addition, Bittrex must comply with the Bank Secrecy Act, U.S. economic sanctions laws, and other legal and regulatory requirements. Bittrex takes these compliance obligations seriously. We are committed to making sure our services are not used to launder money, support terrorism, commit fraud or other illegal activities.We understand that our verification process can be frustrating or a hassle. We have heard your complaints and are working promptly to address each individual support ticket in our system. But, we cannot do this without the help of our customers. We have provided below a list of common mistakes or issues that arise during our improved identity verification process that tends to increase the delay in completing the process successfully:
- Creating multiple accounts associated with a single individual or entity: Unless you have received prior approval from Bittrex, our system will disable all additional accounts associated with a single individual or entity. This issue needs to be resolved manually by our support staff. Given the necessity of manual intervention and the number of tickets we have received lately, there have been significant delays in resolving these issues. Please do not create multiple accounts.
- Name mismatch: If your government issued ID has a different name than the one you provided to Bittrex, your account will not be able to withdraw funds until we resolve the name mismatch. This issue needs to be resolved manually by our support staff. Given the necessity of manual intervention and the number of tickets we have received lately, there have been significant delays in resolving these issues.
- Unreadable IDs: If your ID is not readable or otherwise unable to be verified as a legitimately issued government ID, we will not allow you to proceed with our improved identity verification process. Please ensure that the picture of your government issued ID is clear.
- Non-Latin characters on the Government IDs: There are some countries where government IDs do not support the Latin character set. For these IDs, there are additional steps that Bittrex will need to take to verify the information on the ID, often including manual intervention. Given the number of tickets we have received lately, there have been significant delays in resolving these issues. Using international passports generally makes the process move more smoothly as these passports support Latin characters.
- Opening multiple support tickets: We have noticed that users are opening multiple tickets with regards to the same issue. While we understand that the delay can be frustrating, please do not open multiple tickets for the same issue as this will cause your support request to be delayed.
Although this is not an exhaustive list, we wanted to provide some context for the delay in responding to individual support tickets. We trust that you understand Bittrex is committed to following the law and ensuring that it has a robust compliance program. We ask for your patience and cooperation throughout this process.The Bittrex Team
CBOE Bitcoin (BTC) Futures Coming December 10th
Bitcoin Futures Market Will Bring Big Money Whales
The CBOE will be releasing a Bitcoin futures market on Dec. 10, 2017 under the ticker XBT. Each contract will be for 1 BTC.
Super Bitcoin (SBTC) Hard Fork: Happening Around Dec. 17, 2017
Super Bitcoin Fork Happening Soon
Super Bitcoin (SBTC) is set to hard fork from Bitcoin (BTC) at block 498,888 which will happen around December 17, 2017. Super bitcoin plans to implement smart contracts, lightening network, zero-knowledge proof, and an 8MB block size, making it super smart Bitcoin.
BTC Time Analysis Pointing To Drop
Scary BTC Chart Time Indicators Setting Up
BTC chart time indicators on the daily, weekly, and monthly charts are all on 9 which usually means it is time for a turnaround, in this case a sell off. Will BTC drop?
TechCrunch Founder All In on Cryptos
TechCrunch founder, Michael Arrington, is all in on cryptos.
Arrington said “In the last several months, I’ve gone from crypto enthusiast to 100 percent crypto. I’ve only been looking at crypto deals. This is what I think I’ll be doing the rest of my career.” Arrington thinks the $300 billion crypto market is only the beginning stating, “I seriously think that we’ll be in the trillions next year, and that we’ll start to see institutional money,” he continued. “I think next year you’ll see significant gains.”