ETH can back to 500$ or any other value only if BTC increases its value, this is how altcoins market works so far. But from recently it seems that this has changed, and we can see that in fact BTC lost in value around 2000$ from Jul 25 2018 until today - and ETH some 150$ in value at the same time.

That jump of BTC from Jul 13 2018 to Jul 25 2018 has increased its value for 2000$+, but in the same time ETH is rise only 50$. So if we compare that data we can see that ETH is drop to 330$ at this moment, which is 100$ down in comparison to BTC.

In general BTC is worth today almost as much as a month ago, but ETH lost 100$ in the same time.

First you should learn to not trust in everything you read or hear in the media, their main objective is profit and in order to achieve this very often they are created articles who do not have much to do with the truth or with the current situation. You also need to improve your written english, there is an expression "To The Moon", not to the month

If you check some data from the past, summer time in the northern hemisphere is usually the bad period for BTC. The reason is that a good deal of people travels and goes on vacations, you have less demand for coins/less volume on exchanges. I personally think that we should see some action in last 2-3 months of this year, maybe something similar as last year, but it is difficult to predict something like that.

bul206, your problem is in very old version of Electrum wallet which have problem with synchronization and because of that you see your balance as 0. You get good advices to solve your problem, but to make it even easier for you just follow this steps :

- write down your seed (secret words)  - go to Wallet - Seed and if you have set password type it to get seed.
- visit https://electrum.org/#download and download latest version for your operating system.

After that you will have latest version of Electrum, just open it and let it sync - you should see your balance updated.

Can you describe what the problem is with you Ledger Nano S, do you have problems with the device itself or it is sometning software/firmware related? You did not mentioned any other coin, are you already find a way to transfer them with your seed or you only have ETH on Ledger?

There is good solutions from jhenfelipe for importing seed in some alternative wallets, but keep in mind that after you do this procedure that seed can no longer be considered safe. I'm telling you this for a reason if you maybe have any other coin which is connected to that seed.

You're right, NANO is suffered more then other coins and way down is actually started with BitGrail hack. We can see BTG, BTD or Doge performing better at this moment (by price or market cap). I think your question does not have clear answer at this moment, we can all see how BTC is have hard time to retain its position. Like someone has said before, if you believe in project it is time for buying - or maybe to wait more time for even lower price.

Nano (RaiBlocks) was pretty worthless for long time, then is pumped hard, now is very cheap. Is some now pump possible? Probably it is possible, but in which time frame it is impossible to predict.

35 BTC lost/stolen is big money (210 000$), and your friend should report this to police and to Trezor support as soon as possible. Maybe BTC can not be tracked and returned, but it is possible that there is some security breach with Trezor.

As other members already asked, it is important to know how your friend came into possession of this Trezor. If device is purchased from an authorized dealer or direct from Trezor and your friend is never expose his seed, it is obvious that hacker is managed somehow to compromise the device remotely.

It also should not be dismissed option that someone close to your friend do this, member of the family or some friend who took advantage of his negligence.

You should also know that some security problems are discovered in the past regarding Trezor, but as far as I know it was supposed to be fixed.

Extracting TREZOR Secrets from SRAM

Trezor — security glitches reveal your private keys!

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=533583
Post Count: 2940
Merit Count: 1051
BTC Address: 3Hr26VdrWDfY5Xrw3tZzt8K174JWYB1DrJ
Telegram Username: @Lucius V.

popping you are not come to this forum yesterday, and you should know that writing with Caps Lock on is not a way for posting.

As for your question, BTC have a long way ahead and it is difficult to predict the future. I think you need to understand how the whole thing works, and understand the current situation. Some of the key things you shoud know :

- BTC have limited supply (only 21 million coins/17+ million mined so far).
- Every 4 years we have halving (miner rewards/production is decreases for 50%).
- 99% of BTC will be mined by the year 2032.
- More demand/lower supply = increase in price.
- Adoption is not fast, but it is growing.
- SegWit/Lightning Network = fast&cheap transaction.

So for me there is no doubt that price will go up one day again, it's just a matter of time - the question is whether you can wait for that or not?

Survey based on 1,014 US adults in a country which has 326+ million citizens is really something that needs to be taken into consideration, this is like a bad joke...I think for some relevant results the number of respondents should be much greater, in this way we have not got a real picture.

I think that people in USA know much more about cryptocurrency and BTC in particular, their news networks have regular reports and shows dedicated to this topic, so the average American has enough information - but I think they realize that this is a very risky investment. If only 5% of Americans invest in crypto, this is still a nice number ( 16 million people ). I guess that with more good news that number can be very easily increased.

You should not listen to rumors, there are some research which confirmed that in Venezuela mining of 1 BTC is the cheapest in the world and cost only 530$. Also judging by the statement from Carlos Vargas ( government’s cryptocurrency superintendent ), crypto mining is not illegal and all citizens who were indicted and prosecuted will be released from all charges. This is news from January 30 2018, it is possible that something has changed since then, so if you plan to move in Venezuela for mining everything needs to be checked. Just for info, the average salary in this country is less then 10$.

Price of mining one BTC is different from country to country, of course it depends on the price of electricity. For example by research from Elitefixtures-Bitcoin Mining Costs Throughout the World it will cost you only 531$ to mine 1 BTC in Venezuela, but it will cost you over 26 000$ to do same thing in South Korea. Since most of big mining farms are in China, is a very important thing to say that cost of mining 1BTC there is only slightly higher then 3000$.

So by this data ( if they are accurate ), it would be profitable for miners even if price is drop under 4000$, what we hope will not happen. BAKKT could help bulls to make Christmas and New Year holidays happy again for all of us, like last year.

You come to this forum only when BTC price is decreases which is obvious from your post history, and every time you post same thing/now just copy-paste same thing over and over. As I say your problem is that you just point out that ATH at 20k $ and you do not look anything before that. I do not have any loses with BTC, my start with crypto was in time BTC worth only 200$ - at a time when you did not even know that there are cryptocurrency.

I am only allergic to people whose ignorance knowingly mislead others, how many times have you already predicted long slow death of BTC during your "successful" career on this forum? If you just look at the charts from 2009 until today it is obviously that your speculations is just complete FUD and nothing more.

Regarding same board, I notice some members are posting referral links in their threads and to my knowledge ref links are only allowed in signature. Since I report some of such post and nothing is not happen for long time maybe that board have some specific rules ?

A few examples :

- https://bitcointalk.org/index.php?topic=2119744.720
- https://bitcointalk.org/index.php?topic=881042.6400
- https://bitcointalk.org/index.php?topic=1002400.1020

As always when the price goes down you come to the forum with your FUD. It seems that history of BTC for you start in December 2017, why you not start with 2009 and make some positive facts from that time until today?

I do not want to repeat what others have already written, but "long and slow death" and "nobody wants to use it" is really classic ignorance about how BTC works. I know it is not easy for you, you invest when price was 15k $ or more probably - but at least be a little more original and not just copy-paste whole thread from April...


https://bitcointalk.org/index.php?topic=3234315.msg33673894#msg33673894

I have never had a problem myself with YoBit, my first sig campaign was with them and they always pay. I also trade some coins there, but never some big amounts - even when I had some problem and send ticket they respond in one or two day. It seems that situation nowadays for YoBit users are not so bright, too many SCAM accusations clearly speaks for itself.

I just check my YoBit account and was pleasantly surprised with my balance, some of my old refs are pretty active in last months. But what is very strange at this exchange is withdraw fees, for BTC it is unbelievable 120 000 satoshi? One more reason to not use this exchange, this is not fee, but pure robbery...

According to what can be read about BAKKT project its development started about 14 months ago. I assume that most of the things from the regulatory / legal side it's already done since they announced start in November. But by one article they still wait for approvals regarding institutional investors, although I do not know which agencies must give their approval.




I must unfortunately agree with your comment, the vast majority of people does not understand the difference between words "delay" and "denied". Just because of ignorance it is very easy to manipulate with crypto market, 2000$ up and down in a very short period of time based on ETF speculations is the most obvious example of this.

Lack of understanding BAKKT from ordinary users is actually expected, or maybe most of them think it is just one more "big thing" like futures or ETF which will not actually have any impact on the price. I think it will be difficult to return trust from ordinary small investors after last price correction - 14000$ lost in value in just few months is not easily forgotten.

Maybe Satoshi was at that time just like Snowden nowadays, a former employee of NSA who has decided to put into practice something that the agency obviously worked back in 1996 considering link posted by BitPotus . After Satoshi let the genie out of the bottle, it is possible that he has been hiding for some time until they find him.

It is interesting that in that document is a name of Tatsuaki Okamoto, as one of the references and also as one of potential candidates for Satoshi Nakamoto. Back in 2013 there is some discussion about this : https://bitcointalk.org/index.php?topic=235289.0

Of course the market reacted on this news, most people think this is the end of story for BTC ETF, but is is just postponed for September and it will be probably postponed for December and then for next year. We now see that only reason for reaching 8000$+ was because of ETF speculation, and BAKKT project for the time being has no effect on price. The reason for that can be just because this is something that will not really succeed or media have not yet started to pump the news and creating FOMO.

By what is posted in OP this is much bigger then ETF, but what's with the permissions - is this project need approval from some agency or they can implement this project without special approvals?

I think you get your answer, most of people who post reply in this thread did not read second post - as someone mentioned it, most users read only first and last post. This is somewhat understandable if thread have 50+ post, but in this case it was only 1 page (now 2), shit-posters, signature&bounty spammers are everywhere. There is an incredible amount of ignorance and FUD on this forum, and to some extent I can understand ignorance - it may be related to poor understanding of the language, but "Bitcoin is dead", "Bitcoin to 0", "Sell everything, end is coming" and similar is repeated like a broken record.

Nothing was stolen in this case, how how could it be if it is watch-only wallet? If both of you just read post number 2 it would be clear to you what this is all about.

Any wallet and especially online wallets are worst solution for storage and for security. Most important thing is that user is in possession of his private keys, which is not a case when you store coins on blockchain wallet. Also every users is exposed to phishing when using online services, one more reason to switch to desktop or hardware wallet.

Mahanton, it is true what you wrote, so many scams are performed by watch-only addresses that even Blockchain.com is have warning about it, maybe some will start reading about cryptocurrency before they're deceived with such cheap scams.

Addressing Watch-Only Scams