|
This could be a glitch but I never noticed or experienced this before. I do not base fiat conversion on what is shown in my wallet. I used the conversion price in bitcoinwisdom.com. It is not an exchange site, Why is the price in blockchain.info important to you OP?
|
|
|
|
|
I learned that there will never be a bitcoin ETF because you cannot change the nature of bitcoin. There will be other ways to make bitcoin mainstream and get noticed by other people.
|
|
|
|
You can read that on the beginners section. Here is a link of what you need to know regarding rank, activity, signature restrictions, badges and limits. Take time to read, sometimes what you wanted to ask is already in the forum. https://bitcointalk.org/index.php?topic=178608.0 |
|
|
|
Right now on my wallet, I want to transfer money from my Android wallet to my cold storage wallet. The fee is so high, that it's not worth to initiate the transfer, everyone says bitcoin has the lower fee to transfer value over service like the Western Union.
I am very disappointed with the fee, what is your view about the transaction fee? Do you think that that will be the beginning of the end for bitcoin?
There is nothing we can do with transaction fees right now. All we can do is that we do not transfer small amount so that transaction fees will not be wasted. Wait until scaling is resolve and we will have a better fees |
|
|
|
|
We all know the effect of ETF if it gets disapproved but we do not know what will happen if it gets approved. Everything we say here about the effect if it gets approved are all speculations, because we have no basis yet, No ETF has been approved before so no basis to make judgement. I doubt there will be an ETF to be approved in the near future.
|
|
|
|
|
Nice guide. For newbies, it is better to stay longer in newbie section and learn as much as you can before engaging in any bitcoin transactions. It will save you from a lot of trouble in the future.
|
|
|
|
|
You are late to post this OP. Much have already been discussed about this ETF getting disapproved including the effects/non-effect to the price and moving on with the other ETFs to come.
|
|
|
|
i have no clue how much "15 quid" is but right now a normal size transaction costs only 45000 satoshi or $0.53 and that is more expensive than it should be but it is not expensive as you say it is. read more: http://bitcoinfees.21.co/if you are paying higher fees, your transaction size in bytes must be bigger because you have had lots of small inputs to spend A quid = a pound(slang). Your imputs are probbaly all unconfirmed, low fees, and you have a lot of inputs. Otherwise the average bitcoin transaction shouldn't cost more than 0.0005 BTC in fees. Just wait till the transactions confirm, or use a lower fee and use a tx accelerator(viabtc) which is free. However you may find yourself having to wait a few more hours or even days till your transactions confirm. But you're right about the high fees being a problem. He is right, your bitcoins must be full of small transaction inputs that makes the size bigger (more bytes) thus jacking up the price of the fee. Even though, the suggested transaction fee is ridiculously high. You can try using 65 sats per byte, it works for me. I do not normally follow the suggested fee, I limit it to what I am comfortable to give. Sometimes it just takes longer than normal to confirm. |
|
|
|
|
They are speculating that the price of bitcoin is going to the moon in the future.it can be true. The early adopters have great profit when they hold their bitcoin only costing cents before and now it's 1100+ .others are expecting that the same will happen in the future for them.
|
|
|
|
|
Most of us expect it to be disapproved anyway. Even the price drop did not last that long, unless there is a second wave of dump coming. I think we will stay at the current price level for a while.
|
|
|
|
Poloniex had a huge swing in price spiking over 1360 but dropping back to around 1175. I'm not sure what's driving that but it could just be manipulation ahead of the ruling on the ETF.
It is not just in poloniex, the same thing happened to bitstamp and bitfinex. Maybe it is a manipulation or there is just too many sell orders at 1300+ levels that it pulled down the price when it got hit. |
|
|
|
snip
There seems to be an answer of "signature campaign" as a great way to earn bitcoin in every page of this thread.
Because it is the simplest and most common way to earn bitcoins aside from faucet. And reiterating it all over this thread just proves the point. It is just funny that they think that if you are in a signature campaign, you are jobless. |
|
|
|
|
I do not think that the price will exponentially explode even if the ETF is approved. It will get higher as an immediate effect but just by a few hundred dollars maybe. Scaling, long confirmation time and other issues need to be resolved first before we see bitcoin's price exploding exponentially.
|
|
|
|
|
Because it is easier to get bitcoins by scamming other people and people also are greedy so they give in to the scammers easily. If everyone is wise enough to avoid being a victim of scam, there will be no scammers.
|
|
|
|
It is best to sell half of your bitcoin and hold half on situation like this. If ETF got approved we may see really hard pump but if got denied we can buy more with all those fiat we have after selling half of our bitcoin when price is 1200$+. I have some buy order at around $1000.  how I wish ETF will be Approved by security and exchange commission as that is the only reason why price should pump to over $2000 at this particular time. If it not approved bitcoin price might be push down to $850 as this is a very strong support level. In any way like op said the buy order at the dep will move bitcoin price up again. Goodluck to all of us. Bitcoin will pump up whether ETF will pass or not. And it will not crash to 850 if it did not get approved. It may drop a bit but not below 1000 level. Our support is already above 1100 for the past month. Look at the charts and it is playing at 1180 to 1190. |
|
|
|
|
Don't be too afraid. It is normal that bitcoin price will go up and down. But I doubt bitcoin will lose its value in the near future, so your 40$ is still safe. It may even grow in a few months. But if you are truly in fear, then cash out your bitcoin. There is no point living in fear because of 40$ Bitcoin.
|
|
|
|
|
It still.does not feel like a bear market to me. It only dropped a 100$. It crashed worse before and yet we recover it quickly. I think it is just the etf speculators cashing out their profit that caused it to crash to the current price. But it is still not a bear market.
|
|
|
|
Recently from the news Japan and Philippines approve to used bitcoin as a legal tender. I think Dubai is also on the road for approving. Wherever in Asia, bitcoin is being accepted and governments are mobilizing their effort to utilized this cryptocurrency.
I am from the philippines and I never heard the news that bitcoin is accepted as a legal tender. Any link to this news? As far as I know, bsp put a regulatory framework to the likes of coins.ph as a money transfer business. But there is no news I heard about bitcoin as legal tender in the philippines. |
|
|
|
|
That is what I keep telling myself, everything is going to be okay. But, I also know that if scaling is not resolved soon, it will be a downward spiral soon. Miners are the only one enjoying the high fees and long confirmation time not the ordinary users.
|
|
|
|
|
Watch and read bitcoin related news, keep tag of all important events coming up and gauging hype for bitcoin in the forum. It is easier predicting price doing this than reading and analyzing charts. Charts don't help that much in bitcoin for me.
|
|
|
|
|
Show Posts
