I have watched repeatedly how btc38.com has gone down or has serious problems over the last two weeks and is getting more frequent as time passes, if this is due to excessive new bandwidth from trades PAY FOR MORE BANDWIDTH!!! stop being damn cheap asses and pay for that fucking shit, because anyone watching the amount of coins passing back and forth between traders KNOWS you CAN afford it, and STAND TO LOSE A CRAP TON OF MONEY. if your site GOXX's OUT. future revenue is astounding as to what that site is GOING to make, and HAS made, so WHY OH WHY are you letting it go down the CRAPPER!!!, seriously get that shit fixed and do NOT let your site go away!!!

it seems it has been going through this every couple days too, now, did anyone figure out why it was down back during your experience? or was it something you had happening on your end? I cleared cache and all and still I am getting a 503 error message. and this has happened twice before in the last week and a half already before too.

what is considered wrong with www.btc38.com, I have only had marginal issues over their site since they added an english side to it, and it has not been publicly released yet so I am sure more rocky roads are ahead (down time I think mostly) but other than that, they only have a .001 or .1% per transaction fee, and give you coins when you put them into your wallet, though I think they take them away at the end in percentage, so if you lost money and take out less than you put in, you get to keep some of the coins they give you, but if you make profit and cash out, they take more coins back than they gave you lol.

you see this??? you just answered your own question that you ask in the quote down below here \/\/\/\/

I said something nice and you had to crap on me, so here, have some sarcasm

I guess you are right! Gosh I have been so stupid, I missed selling on some really good spikes and only doubled my money recently instead of getting 5x or even 10x as much by now, I must be a total idiot!!!

lol I told you it was going to be sarcastic, By the way for the record, the more confident I get and stop messing about only working with 10 to 20% of my funds and just bull on in, the faster I have been doubling my money, so... yeah,

And additionally I will not lie, what I started with last year I lost quite a bit of and had to recover from, while I was learning but I have never put more money into the market, everything I have now is due to speculative trades to keep adding to my crypto portfolio portion of my funds.

I would say if people are willing to do this work and for the lower money in it, and it makes their lives better, go ahead and do it,

To me this process is as important to the bitcoin and altcoin culture as bees are to plants, when they cross pollinate them to make seeds and such, The act the traders here are doing is a way of bringing balance to an unbalanced system and networking the economic ecology of the crypto world since with out it the trading sites would be in a vacuum and that would become damaging to the use of it for store and use of it as a medium of wealth to stimulate production and growth

that being said, I find it more lucrative to spend my time while waiting for the market to swing, working on other things, and just make money off buying and selling on one major location that will be able to handle the larger volumes of coins when I have them, until then I am set, at that point you will see me cashing out my excess coins that I can not trade with because the market can not absorb them, for real world stuff, so if you have something like scrap copper and other resources used in industry, keep me in mind, as I would love to use my crypto directly and avoid using the REAL scam of FIAT currencies made by central banks who back it with NOTHING, and create an excessive amount of friction in transactions, unlike crypto

I would not make any assumptions trillion, just because you have not had an issue yet does not mean that he instantly has no legit claim on this issue, wait and see, if we get more info we will know what is really going on,


I would check your email for a confirmation email that you have to click a link in, to finish the extraction of your coins, that is what happened to me on coins that would not go through, and once I found that and clicked it BOOM payout

so you are saying that if everyone knows that a coin is going to spike, and everyone holds off on buying till the spike is over, then the spike will still happen? seriously think about that a bit,

***gotta edit here, sorry, I do not disagree that the competition is healthy, but not in the sense of making speculation more profitable, rather if we had enough people in the "know" then the coins would stabilize in value and more companies would be willing to deal in them with out instantly trading them back out for fiat, and then we could really start to break the back of the slavemasters that run central banks and return to a much more profitable free economy ******


@gondel *and anyone else reading here looking for advice*
as for advice, though I will not tell you what to do (to the OP) but I will tell you what NOT to do, read every bit of info on failed trading info you can find, and compile a list of "Don't s" that should get you going somewhere,



*******EDIT DUE TO MISSED LOGICAL FALLACY*************

You are confusing what is good for the economy of a market over all, for what is good for a trader, do not assume that both are the same, that is just stupid, seriously,  take a moment and really look over what you are saying, cause what you are saying is that working for less money per hour is good for the employee, just because it is good for the person consuming their goods due to the lower prices they can take advantage of, man, wow, is all I can say, lol,


To the OP this is exactly why you should not be listening to any of these bozo's

Take everything they spit out and apply this to it,
www.yourlogicalfallacyis.com/

Because a LOT of these people's statements are RIFE with faulty logic lol.

just do your own research is all, if you have the time and the desire you will figure it out, only thing I would ask people for help on is how to use the functions of a particular trading site, like I hover over links on trading sites that are not in english and the actual link URL is in the bottom of the screen for the moment, so I can read it, and see where it goes, due to most HTML being english so say a link term 交易 has the URL under it *or it is linked TO http://www.btc38.com/trade.html and since it says trade in english, it is easy to figure out that though in chinese I can find the trading section lol. I use translator plugins too, but that is almost full proof, on many things


there are three types of people really in the market that actively trade, bulls, bears, and pigs, and the bulls and bears get to dine on bacon all day long

this is absolutely true with only ONE exception, their friends they are trying to help out, sometimes you get a friend you know well and wants you to do well as well, and will share their finding with you

best way to do things is to figure them out for yourself, info from even well meaning people often has issues that need ironed out, something i actually play on when learning more about manipulating materials in chemistry and energy research

What I would find far more valuable would be a chart that when I hover over a particular time that it tells how many coins were sold at the high end and the low end, or some other detail in it, though I guess if the thing can be zoomed in enough you can get the nitty gritty of that, but still when you see an hour end at a high, there is rarely any way to tell if 3000 coins passed hands  and some were low (800 bucks) and some were high (849 bucks) you have no idea of knowing if it was just one coin that sold that whole hour for 849 and it just happened to be the last one of the hour, or if the reverse is true, or say if more sold high than low, or it started low jumped high for 5 minutes then fell again till the very last 5 minutes of the hour before shooting back up for one single sale or not. All of this I found that if I can keep track of it by watching I can know very well what will happen the next hour based on that and some other info I gather, so you know, a bit of info on that would be  important to my trading practices and would save me a ton of my time while doing so lol.


TL:DR is that I would like to have a chart that gives some percentage of how much was above the median of the hour and how many coins sold below the median I guess

^^ two things to do with that dude, 1. test their info out to see if it works before using your bitcoins, and 2. a.if it works, BE VERY GRATEFUL FOR THEIR HELP!!!! or b. if it doesn't work, be grateful they at least tried  

my advice is to ignore all these people, who are talking flapping their lips,

cause truly successful traders are not telling you anything about it, since the more successful (skilled) traders there are, the harder it gets for all of them due to all the competition. The only time this is not true is if you are friends with that trader before they got rich, and they want to help you out, that is how knowledge is passed on, so you are going to either have to make a friend, or learn on your own, by just diving in lol. *and no you can not be my friend if you have to ask, asking for a friend is like asking to be an admin on a server of a game, if you are asking, you are not admin material, the best admins DON'T WANT TO BE ADMINS, because they will do it right and by doing so, it is a responsibility, a burden, NOT a privilege, or a run at free stuff and power. just my two sat's

if you go with bank transfers just make sure you dig to find out what their limit on a daily transaction is before they have to report to the local gov entity, like in the US last I checked, it was 1000 dollars in one day to one person, regardless of how small it was among multiple accounts, as long as they all belonged to the same SSN. also though additionally they look for patterns so if you have constant 900 dollar deposits every day for say a week, I am sure that will cause them to report to the FBI and could then trigger a freeze on the account till you prove you are not laundering money from say drug trafficking or some thing else illegal AND have complied with tax laws on the funds, otherwise with infrequent transactions say I think once a week maybe twice a week with occasional 3 or 4 time a week transactions all with a different 100s value (ie one day it is 900 the next it is 800 or 600) and keep the ending amounts variable like 594.34 one day then 935.62 the next day, it might pass with out throwing any red flags. again thou use with the understanding that it still could cause an issue, so seriously there is always a chance, that you will be dealing with crapstorm and possible tax evasion against you if you did not pay on that each time or file at the end of the year with out properly using your money in a way that you can get a tax write off, which should be something we open a thread to deal with specifically,

another option though as mentioned earlier here was gold, which you can possibly use europacific metals to get, not sure what they go through to send you physical precious metals but I personally would go with silver since the silver fix in london is about to go away and that may cause silver to start a massive spike and dip process as it returns to being 100% controlled by market demands again.

+1 for this part of your statement

additionally I would say anyone trying to sell bitcoin at this point needs to just have the buyer send the money as a personal gift, then it is both irreversible, AND you just cut paypal out of getting a portion of your money XD

I do this for anyone wanting to put downpayments on goods I make and sell, and it works wonderfully, the last big payment they make I let them pay normally if they choose but if they are willing to pay the same way on the last payment I just cut them a deal on shipping to give them back the fees paypal would have taken, now mind you if you do a LOT of business this way, paypal will catch on and probably screw you, but if you are not using them often for now, this way you should be good.

also you can sell a paper cold storage wallet and mail it too them first class with tracking if you want and just use paypal to make the shipping label cause a tracking number for something sent to someone is what they are looking for mostly when trying to figure out if someone is scamming someone else, so no shipment after a period of time, they get anxious and proactively react, before the buyer can complain.

if they do GOX out, I would say the same thing is true about it too, that this is not what everyone thinks, because it makes zero sense to do what GOX did, cause it is like taking a tree that produces fruit all day long and cutting it down to get the wood in the trunk, losing all that fruit the tree would have made for years to come, when you were selling that fruit off for 100s of dollars a day, and the wood is only worth say a thousand dollars.

the fact that it does  not make logical financial sense to cut and run on this game tells me that there is a LOT more to the story than meets the eye, and the same would apply to them (cryptsy) shutting down either running off with coins or stealing them, either way. does not make sense in the business aspect of things, servers are not that expensive to run, nor is bandwidth, especially when you have the bux to buy in bulk.

I have worked on a business plan to open my own exchange due to the numbers being so positive for a recognized exchange, (not so profitable if you are not getting any traders and such obviously).

reason I have not set up one yet, is that I want to put something into play that others have not, since there is stiff competition like btc38 with both it's high volume and extremely low costs on trading I mean what is cryptsy still charging? is it still 3% and 2% depending on if it is a sale or buy? how can that compete with .1% on both lol, only thing keeping cryptsy running is their willingness to put coins on their market so fast, as opposed to btc38 taking a while and more thoroughly vetting coins before adding them lol.

I think I have a good idea, that builds on the things that make trading sites valuable, but the talk about cold storage, and what not does make me revisit my business model a bit to tweak things, so I am glad this discussion was opened

to the OP I would talk with someone at europac as the guy who is the CEO there has and holds the same values you do, and they take bitcoin through bitpay now to work with them, international banks that let you store your money in gold and convert it back and forth at whim and when stored in gold it is in real tangible gold that they sell to a buyer when you want to convert to fiat, also Peter Schiff was the first person I heard talk about putting a crypto together that is backed by real gold so he might be on the forefront of working on that or could be nudged by someone to move that direction.

**edit to add links for the lazy

http://www.europacmetals.com/
http://www.europac.net/
https://europacbank.com/

you should be aware that if you have someone with you even if they are not good at defense, unless the accosting people trying to steal your stuff, KNOWS that teddy is a bitch and will cry instead of fight, then they are going to assume he is dangerous and not try anything

in case anyone was wondering, I got back in, so did not want everyone to think that I was just here to complain and then leave litter and trash on the forum lol. once a few people see this I will change the main thread title and push the original text I had down to signify it is now archived and change the purpose of the thread

assume everyone here answering you does not really know, because anyone who does know why, is banking on it and using it, and the masses NOT knowing, is why it keeps happening, lol

this is kinda why I was thinking a centralized store house behind a 100% premined and then sold for something to be stored (or raw materials that need refined at a bit of an increase in goods to make up for the need to refine the goods) would be a really good move. I know of a number of easy to set up systems that would work, like say a coin that is backed by 1/5th of a pound of refined (read 99.999% pure) copper, want a coin, send in either a pound of scrap copper in any form (even PCB copper can be counted) wait for refinement and then you get a quantity of coin in your wallet based on the amount of copper refined minus their costs of refining it. additionally, want to cash out to something that you can hold onto yourself? no problem, cover shipping expenses either via tx fees for transactions, or the buyer pays in shipping costs and has the ultra pure copper rounds sent to their home, and make sure as I said the rounds are always the same purity, and the same weight, no changing weights on shit things, just because the fiat value on the copper changed the way liberty dollar originally did, in fact there is a ton of "what not to do" info on that original scam, that I am surprised anyone picked up and was willing to use the name afterwards, to me it would be like choosing to use the name "nazi campgrounds" considering the evil that went behind the nazi concentration camps in WWII. If they liked the idea of liberty and used it because of that, then I would say go with libertarian coin or something lol.

anyway, that is my thought on what to do to get away from paypal. cause the blockchain makes it possible to see what is going on, we could have a charge back system and all if the thing was set up that way to begin with, and still by making it an open wallet that does the hashing to update and prove the blockchain, it would be democratically ran and give maybe a way to allow people to vote and make suggestions that all people can see and second and what not to get them implemented when it comes to policy changes and such. anything that would need to be figured out and work put in like coding though would have to be a "suggest it, get it voted on, then what people have voted on is to allow some money to be put toward getting it coded to the new set up or rely on someone to out of the goodness of their heart do the coding and offer it up for the public, along with maybe a donation address for their good work )