Their money, their headaches, their loss. I've been through three different bans from the Chinese government and the shakeouts are really serious but I still held my coin through thick and thin. Though I sold all of it @ $2900, I immediately bought back 2 weeks after when the price is @ $4400. Everyone seemed to be bearish by that time since the coin's price isn't going anywhere. Too much FUD circulating around and further shakeouts happened. Imagine a guy threatening you with a fake gun and you fall for it, only to realize that it was fake when he already got what he needed from you, this is not too far from what's happening every time a FUD starts to circulate and weak hands fall for it. Learn to read between the lines and do your research sometimes in order for you to not lose money but instead gain more.

I'm personally just waiting for the $20k mark to hit and then I'll call it quits in the meantime. All in all this 2017 gave me enough headaches and shining moments that I can cherish and enjoy, After leaving bitcoin, I'd go full altcoins and see whether this will take me into something successful just like my run with bitcoin. If not then oh well, I'd go back and hold bitcoins for long and see whether it will be a gunner on the rest of 2018.

It is possible since there are no solid reason why the price overshoot this much in the past year. Even if it crashes, that wouldn't be too deep since there are many other people trying to get their fortunes off of bitcoin as well. Unlike 2013, this 'bubble' has too many participants on it, and the trading action isn't just orchestrated by a few whales and a bot from a single exchange; this is a worldwide market now and not just confined on just a single operating exchange. It will take millions of coins to bring the price down to $1500 but it is still possible in the world of crypto.

That is a vague question and greatly depends on what you think is "profit". For me, I bought at $4400 and I'd gladly take profits if the coin hits $20k a piece.  Though I'm already in big profit, as of now I'm trying to stop myself from cashing out since there is still a huge room for any profits to be made before the year ends. Still got 2 weeks+ on the calendar for something to happen.

Used to trade at Bittrex for crypto matters but now have switched to Poloniex (though Polo is slower at times) ever since my account got frozen for no reason at all. For BTC/USD pairs, I'm using Bitfinex and Kraken and I'm using the two for almost two years now. Back in the days when Mintpal was still around, I've been registered on that site and was one of the first traders to utilize the platform. That was a great exchange until moolah went nuts.

Some Gox-like scenarios are happening whenever the price hits an all-time high. Witnessed and experienced it firsthand and it's kinda disappointing. As for the transaction volumes on the network, a huge portion of it are not even significant to be accounted on the daily trading volume that really moves the price. The effect is so little to be counted, and not all of those transactions are even headed to exchanges.

And again, bitcoin futures don't affect the market directly but only the hype surrounding the said markets. The news only helps pump the price by releasing positive press and giving the public some confidence, nothing more.

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It seems that the uptrend has taken a slow approach this time and has been jiggling around the $16k-$15k range. This is better than crazy price rises.

There are miners to confirm your transaction, and the block time is not a 10-minute interval guarantee. Besides, you already have paid a small fee for the tx so the only choice you have now is to wait. Accelerators sometimes come with a small fee to push the tx, but there are free alternatives though you need to time them in order to get it free.


What are you talking about? The network doesn't go under maintenance lol

EDIT: It came from a German exchange I presume? Man that's some awful fees to pay, and really awful if they are still taking a cut from withdrawals.

My biggest loss in trading so far is 0.8BTC. Never chased those losses and took a short break from trading. It's been my habit to never chase losses no matter how big or small it is because frustrations often lead to bad calls and lost money.  I never left trading though, and used those experiences on my benefit to initiate trades well the next time.

You don't. Electrum automatically downloads the necessary blockchain data on your wallet everytime you leave it open or you're connected to a network. It consumes a little bandwidth to fetch all those data for your balance and transactions to appear.


That explains it. The connectivity indicator would turn green if you are connected to the internet and leave your Electrum wallet open, but that doesn't mean it's synchronized at all times.

Good news: more and more people are becoming aware of the cryptocurrency. Bad news: it's being used as a payment for MLM groups which would suddenly leave a bitter taste to those who will be fooled by the scam service. The Central Bank is also producing several advertisements on the telly to warn people about investing on cryptos and ICOs. Public awareness sure is present already that's for sure.

More and more people flocking to get their share = more growth than what we expect. Seriously, I haven't had high hopes for bitcoin to run past $1000 on 2017 and I've never been so wrong in my life. No news, no main driving force for the price to leap and no good developments then suddenly it blew up! 2018 would be one of the most bullish years for bitcoin and hopefully it run past through $20000 as everyone wants it to be.

Personally I wouldn't use bitcoins for transferring assets quickly and cheaply. Right now there are other alternatives for that. I completely agree that bitcoin is nothing more of an asset today unless LN proved its efficiency and practicality in the market. It might change the game once more for bitcoin but for now, bitcoin is nothing more than an asset and investment.

1. It isn't advisable to reuse the same address on receiving transactions as stated here. Mainly it's just for privacy reasons, but again you can still re-use your previous addresses if you so do wish.
2. That is again to further hide your privacy/payment history from anyone.
3. You can use old address instantly if you wish, there are no restrictions to that.

That's one hefty transaction in terms of size. Why do you have too many small inputs to begin with? Also, setting the lowest fee possible on Electrum is different on dynamic fees. The former computes the lowest fee that can get your transaction confirm within the next block during those times, so it will again base on the network's minimum fees at the time you made the transaction. Dynamic fees however lets you gain more flexibility on sending your tx. You can even send a tx without a fee in Electrum using that feature.

My hint is that the recent jump in unconfirmed transaction is due to the traders that tried arbitraging because the price differences on exchanges are really big. Take also into account that there are lots of people that are using the network and more and more newcomers are also flooding the network as of now. Wouldn't want to go full tinfoil since this should be a pretty normal occurrence (yet annoying) in a network that steadily grows day by day.

Since futures wouldn't affect bitcoin's market directly, I can see that this will just be a testbed for prospective investors before they go on and try the real thing. This would also be the playground of some traders that don't want to get directly involved in bitcoin but also want a piece of trading action. All in all, futures would generate a hype for sure, but no one knows for certain what kind of impact these futures markets will do to bitcoin in terms of value. It can be good, it can be bad; it can go either ways.

Excluding bitcoin, the greatest profit I made was that on Blackcoin which was a little over two years ago. I never knew that it will be pumped and I was one of the few ones who sold at the top of the said pump. Made over 400% on 3 days since I bought it when it was still calm. But if we are to include bitcoin on the list, that would be my proudest and greatest investment in my life.

12 words, usually that would be Electrum or blockchain.info since there also is an option for you to receive your 12-word mnemonics on both, the difference is that in blockchain.info you are given a wallet identifier to decrypt your wallet. Have you tried downloading Electrum and see whether you'll come up with anything? Also, try blockchain.info and see whether it will work or not.

Would you be able to elaborate what kind of application are you using for sending and receiving your bitcoin funds? And would you be able to give us more information about the transaction--possibly a screenshot--to give you any advice on what to do next time. A bitcoin transaction wouldn't go through if there would be no valid address to send the funds to, as all wallets prevent that from happening. Your case is odd, but to help you give a better understanding of what happened on that transaction, we need more proofs of the transaction going through.