Can't say I can immediately see the logic of this either. What I have seen from experience is from Yobit, which is usually among the very first to offer markets on Bitcoin forks (they were, as I recall first to offer BCH and BTG). What they did was open the markets early, crediting users with BTC on a 1:1 amount of forkcoins and deposits/withdrawals would be locked for several days until the actual fork happened. In essence, a form of futures market.
You'd see wild variants in the early days, where people would sell off their forkcoins for prices far beyond what the market average eventually settled on. My take: yobit exchange owners had long-term plans with forkcoin devs and knew that they'd instantly own a lot of fork coins - thereby making them somewhat big whales in the process, better able to manipulate prices on other exchanges later on. And since they were first to offer markets, it encouraged more BTC depositors...
Of course, it would seem far easier to just withold all the fork coins like other exchanges did, but the benefit of creating those markets was also to create that trading volume as a foundation.
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I don't get mad when people tell me what an idiot I am, or how my work is not recognised, or how everything I've ever done for work and career isn't specialised. I don't get mad especially on this forum, where I expect all the time to be exposed and proven wrong by the very smart people who visit.
Will you not get mad if I say that the multi-billion dollar pump and dump that you might think Bitcoin is, is nothing compared to the hundreds of billions of dollar pumps and dumps that have been happening for decades on other currencies/assets? Should we even compare?
Objectively, I will unfortunately have to agree that almost everyone here sees Bitcoin as an investment and by degree of that view are speculators, and by degree of them holding it cannot afford to be anything else. Those who only see its "noble" aspirations tend not to have much, as they use and spend it for all purposes intended. Price is not of any consequence to them.
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After two consecutive draw Barcelona came back strongly against Eibar.Barcelona defeated Eibar by 2-0.But it wasn't easy for Barcelona to earn 3 points in this away match Eibar showed good performance through out the match.Barcelona is ten points ahead of Athletico and I am sure they will continue this performance and win the title of this season.OTOH, R madrid will face Betis tomorrow which is an important match for madrid to gain 3rd position of the table.I will bet for R madrid for their current superb performance.
Without a doubt Barcelona were helped by the fact that Eibar were reduced to 10 men and that gave Barcelona the opportunity to kill the game and score their second goal of the game and win the game because things would have been very different if they had the same number on the pitch. Not really, the game was won and Eibar wouldn't have made any serious threats on goal to snatch the draw - poor finishing let them down on the night. It would still have ended 1-0 at least. The red card was evidence enough that Barca were on the front foot. Definitely helpful to get the win ahead of Champions League in London, Luis Suarez dependable as always when others don't show up with the goods (thanks of course to Messi's clinical pass). What they'll be worrying about is Athleti closing in. They already got their Europa game out of the way with a solid first leg. Hoping the underdogs keep the chase up, the bonus of finishing high above Real is another incentive to me.
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Nothing you can do if you've already confirmed the withdrawal except to wait. That's actually quite normal, believe it or not. The smaller the exchange, the longer they generally take to process withdrawals (it's all manual despite what they say), especially with significant sums. The larger exchanges tend to do it quite quickly for fully verified users.
You probably should worry only if a full day's passed by. Cryptopia isn't exactly known for quick withdrawals.
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That CEO must have a lot on his hands operating three companies, with all a shitty core business, shitty bookkeeping, and shitty cashflow, he is looking to boost everything (and more so himself) by initiating an ICO. It has a very bad smell to it, and I actually like the SEC stepping in. I however wish the SEC did that too on other non-crypto related occasions. In most cases the SEC is too late when it comes to preventing scams and ponzi schemes from harming innocent investors, which has resulted in them to lose a lot credibility. If they actually put an equal amount of effort into busting non-crypto schemes, they will then finally do what they are supposed to do.
Exactly, I think what the article fails to highlight properly (probably deliberately or we don't have a sensational news piece) is that they are being suspended not because of their crypto affiliation but simply because they're just terribly run businesses. It's evidence that if all the ICOs we've seen "gracing" our hallowed forum halls were to go through even a sampling of the due diligence normal IPOs need, I'm sure the vast majority wouldn't survive those rigours. I'm all for regulations, to be honest, because the solid projects need not worry. I'd very much like to see a lot of these half-assed money-raking ventures slapping on crypto and blockchain labels go to jail. But you're right, if they applied the same suspicion to non-crypto companies, they'd net a lot more criminals.
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If I understand correctly, you were overpaid: 2.3 BTC instead of 0.05BTC? If that is the case then you should try to contact the payer directly to return the excess amount.
Normally I'd agree but it seems that OP is using an intermediary account, rather than his own actual Bitcoin wallet (since the funds weren't credited originally). The issue here seems to be that the site/service/intermediary overcredit OP's account, rather than that the payer oversent. OP you can confirm by checking the tx ID on block explorer. It's the site he needs to refund, not the payer. It's a bit unusual that they wouldn't respond after 5 weeks on such a large amount. Suggest you try bring up the issue again (using same line of support messaging of course so they can follow the trail).
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And people often ask what the big deal with Bitcoin was woth regards to double spending and irreversible transactions. Merchants will one day wise up to Visa and understand that Bitcoin solves the problems cards have posed for them for many years.
No pity for Coinbase, though. Visa and they were happy to pass the blame, no one actually talked about any remedy.
Oh and... Erroneous error. Nice.
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That's because many members are willing to accept terrible pay. They do not bother reading the rules of a campaign before applying, as long as its paying any amount they sign up. An example is Yahoo's current advert for his campaign management services with laid out rules of those with certain number of merits to apply. About 5 pages gone and unqualified members are still applying despite the rules and Yahoo mentioning that they are unqualified. Even members with Legendary status that you would expect to comply are making same error.
Secondly, I do not agree with the dip in BTC affecting the rate for a new campaign except an ongoing campaign that might have to adjust to make up.
Yeah, I don't think the price of BTC is really affecting many campaigns, at least not the short term ones. These often already set aside the coins needed to fund the campaign so the Bitcoin amount is already known, already fixed. It's certainly affected some long-term ones, who decide on campaign durations at an ongoing evaluation of income. Oh and yeah. Bounties just seem to attract some of the very worst. I actually believe it's a much smaller group of people than we think, just applying with all their multi accounts. Well the forum has swelled a lot because of campaign signatures and now that it has somewhat dried up, many members are willing to accept low pay just to get and earn bitcoins here. I also think that campaign managers now really know that the value of bitcoin can increase anytime that's why the price was not adjusted. And most long running campaigns has adjusted and pegged their pays to fiat now. So as you can see today, bitcoin is rallying so if campaign managers adjusted their pay during the January and early February dip, then they have to re construct their pay structure once more because of the price increase today.
Like any economy, there's demand and there's supply, like you said. Members are willing to continue working for "low pay" as this forum is still one of the best places to legitimately earn bitcoin for low-entry barrier work. Fluctuating earnings probably make it harder for people who rely on bounties as a source of income, but then, bounties aren't meant to work like that. I get OPs response about people here though. A lot of us sit on high horses, but only because we have the privilege of doing so.
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Sorry to hear about your experience with LBC, I wasn't aware of a new wave of scammers but I am extremely wary of many around there. I've never had a single problem with any trades, but that's only because as soon as I feel something is off, I don't go ahead with the trade. Since this is about helping people navigate the trickiness of some traders, here's what I'd like to share. Some traders will have what looks like a solid reputation: thousand over trades, huge volumes and great feedback. And they use that to try and bully you into releasing escrow right after they mark payment as complete. Do not ever do this. They might say "lol I trade for 5 years and people have no problems to do this" or try and make it seem they don't need your business but don't ever release escrow until you confirm payment. I have run into a few such people, and at least once I've come back across the same name, accused of never sending payment. My rule of thumb is that I never deal with paypal & reversible payments on localbitcoins. It can be deceptive because you think that you're safer on localbitcoins than if you traded without an escrow, but in fact, escrow can't help you on chargebacks.
Either do your research & only trade with people that have at least 1000 positive feedbacks with reversible methods, or prepare for your payments to get reversed at the end of the day. Just because someone sounds legit doesn't mean they are, do your own due diligence.
Thanks for coming out with this excellent info.
I find though that paxful has a lot more scammers than LBC, and generally if you deal with non-reversible methods on LBC with a tursted seller you aren't going to see any issues.
I've done a few paypals, but only when I REALLY need it (both ways buying and selling). But yes, I think in general, if you trade all the time and are in no hurry, stick with online trades. I use SEPA and local bank transfer in another country - both are actually reversible, but require >10 days, and the sender to contact the bank and provide some kind of proof. That does make it not foolproof, but I suspect the trouble to go through that at the risk of having negative feedback on an old trading account ain't worth it. Also, I do sell (never buy) to new accounts every now and then but only if they're willing to provide full verification to me + phone call. When I started out, someone had to trust me, so I like to think I should help new traders gain reputations.
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I stumble with bitpay. Anyone has experienced it? Pros? Cons?
Worst service ever.I had to use it once because my vendor wasn't accepting any other modes of accepting bitcoin payments and this was the worst 30 minutes I wasted doing a bitcoin transaction in my entire life.If you have a chance to avoid it,please do so. Hey did I tell you bitpay doesn't give you an address you're suppose to send coins to ? Go ahead if you consider this as 'pros'. Strangely enough, I've never encountered bitpay itself but yeah, I've now seen a lot of complaints regarding how you have to pay through an invoice instead of depositing to a Bitcoin address. I assume as OmegaSS posts above, a BIP70 wallet can extract the address? But I've read how difficult that's been. I've had to use others, most commonly Coinpayments, and back in 2016 Cubits a lot with casinos. I really don't like those that have a really short expiry time, and I understand Bitpay's invoice has that payment window as well.
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But if you follow a lot of them for sure you'll get spammed with notifications of other crap they have like promotions and other non-sense. Best to just read the announcement section on the website or wherever they post announcement on wherever you are trading on. There is really no easy way to do this, really.
That's right. I've basically just switched off from blockchain related news. Everything eventually turns to spam. The only things I still check on at the moment to "catch up" are Twitter feeds for notable people and blog posts from exchanges: but all through a news aggregator. Even then, the majority of items are just spammy shit. There's no easy way to do anything useful, and especially in crypto. All these new platforms and projects purporting to make things easy for investors will eventually get drowned in noise.
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Like Royse says, "unspent" is just an indication of where the coins are. In fact, if you never performed a transaction to send anyone coins but you see "spent" from your address, you should be worried!
Looking up your address on another blockchain explorer shows actually the same, that both transactions have confirmed and the coins are at your address. Final total balance unspent (available) is 0.0701055 BTC. Is that what your wallet is showing?
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I think it was the last era for Bitcoin as a new and unfamiliar name for a lot of people. This year, most people who haven't started using Bitcoin will have at least been familiar with some aspects of it. But by no means was last year Bitcoin's last high, nor this year or for many years to come. While everyone is saying mainstream adoption has happened, I still believe that it is a couple of years away. Why? Mainly because I believe until a person has actually used Bitcoin to pay for something, from their own wallet, they haven't really adopted Bitcoin. So all these big bankers and so-called retail investors haven't really adopted Bitcoin, they've merely put money into something that they think is Bitcoin (yes, looking at all you account holders at exchanges).
Taking nothing away from the year that was... it was just packed with happenings. Forget the price. Bitcoin survived a lot of high drama and potentially disastrous events.
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Pretty decent idea, but I would be most concerned with the validity and reputation of where those hits on mentions come from. It's shockingly easy these days to buy mentions, buy reputation, buy recognition, and I might say that a lot of ICOs have found this to actually bring success. It's a multi-pronged approach in marketing that I'm noticing by some projects, ticking the boxes on some of your aspects: PR distribution, bounty campaigns... and then the blackhat methods: shilling (oh these come in the droves now) and SE-jacking.
The illogical thing is that they are still working - at the end of the day, a lot of coin investors do very little due diligence and buy on impulse and perception of masses. But I think it will soon dry up, and this should be the twilight era for the days of massive crowdfunding based only on online prominence.
Any thoughts?
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Problem with martingale, is, it's martingale =) I think one of the things crypto gambling opened the doors to is widespread practise of martingale. I mean, any casino I've been to will have a min/max bet that at best allows you an 8-streak martingale. But with micro-betting thanks to 1 satoshi bets, people with 1 BTC back when it wasn't even $1000 were able to try long, long autobetting regimes that seemed to return consistent profits. If you bet Martingale with 50% chance of winning, the maths are simple: Chance of losing one is 50%, two in a row 25%, three 12.5%, 6.25%, and so on. 15 in a row is like 0.003%, 1 in 33000
I've autobet enough on dice to know that those tiny chances of hitting the 15-streak loss happens all too easily. I can do 33,000 rolls in a few hours - and have often done so. Even with the lowest dice edge online, you'll hit it even quicker. Lol.
It's weird because I read his reply and I was thinking "Wow he read my mind" and only after you copied his post and mine I realized that he copied my entire post.
Yeah, plenty of these alt accounts plagiarising people's posts. Reported =)
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You might want to look up Amazix. They're a consultancy that also manages bounty campaigns and maintains a separate site listing all such projects. Same guys behind Bancor bounty campaign last year, so that's a pretty big credential to have as far as bounties go. This isn't exactly what you're looking for since it doesn't have a list of "trusted bounty campaigns" but a list of all the projects it manages. So, if you trust Amazix, then everything on their list will be suitable for you. If you can work within very strict requirements, that is.
Thanks for the response. I will check Amazix, I didn't know about Bancor bounty. bountyhive is the most user friendly bounty platform so far I have seen. I think serious bounty hunters have made a small, profitable business in content creation (usually writing content on blogs and sites but also video production)... I've seen now several who started off last year building up a big following for a typical audience of tens of thousands. The "better" bounties tend to be the ones with outsourced management, either to some individuals on this forum or through consultancies like Amazix. By better, I mean those that pay out on quality. This matters because if only good quality creators earn bounties, this can become quite significant as they get a share of stakes rather than a fixed amount. I don't do bounties myself since I don't have any significant social media presence, although I suppose signature campaigns on this forum counts as a type of bounty.
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Roundly unsurprised at last night's outcomes, and even the "shock" loss of the Italian leaders was not too much of a surprise. You only need to look back at their performance in the Champions League group stages to have guessed that they'll continue to focus their efforts on maintaining top spot in Serie A. For the sake of Napoli, I hope it all pans out. They can still afford to win it away 2-0 next leg, I mean, it'd be a shame to see them miss out on a trophy even if they do end up pipping Juventus to the title!
My bet's on Dortmund or Athletico to reach the finals, maybe both if they don't meet each other first. Arsenal? Too inconsistent!
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You might want to look up Amazix. They're a consultancy that also manages bounty campaigns and maintains a separate site listing all such projects. Same guys behind Bancor bounty campaign last year, so that's a pretty big credential to have as far as bounties go. This isn't exactly what you're looking for since it doesn't have a list of "trusted bounty campaigns" but a list of all the projects it manages. So, if you trust Amazix, then everything on their list will be suitable for you. If you can work within very strict requirements, that is.
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$10k is broken and with this a lot of messages of people that sold at below $6000 trying to "cut their losses". Mostly because a lot of people was about to go bankrupt as their longs got liquidated. And with this, also came the super bears expecting $1000 a coin again, so they put really aggressive shorts, of course, only to get destroyed by the current recovery.
Lessons to learn for the noobs: Never panic sell, never margin trade, you can FOMO if you are here for the long term (5 to 10 years) since it doesn't matter if you bought at $20k or at $5k as BTC will be worth millions eventually.
Yeah, I wouldn't consider myself a bull, but even I am continually caught off guard by Bitcoin's seeming inability to lie down and die. I was fully expecting to sniff 10k today for perhaps a touch and then retrace, as has been the pattern, but it's been there now for 4 hours, just as Friday and the Lunar New Year are about to arrive (it's going to set off a lot of wild celebrations I tell you, from the chatter I see on some channels!). There's really one lesson here: it's always too soon to call a price on Bitcoin, and it's never too late to get in. Not in 2020, definitely not in 2018.
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BTC broke above the 9017 resistance point which was a low produced on January 17th, 2018 from the GDAX exchange.
The next resistance level is 9499 which was a high point on Feb 3rd before the last drop.
Why is this important? Because BTC will be producing higher highs and higher lows which is the definition of an uptrend. This suggests that the previous low MAY have been the bottom price for 2018.
I say _may_ because BTC is still in the downwards trend channel. Once it breaks out an over the upper trend line, I speculate that it's off for a bullish (and volatile) run for 2018.
Bitcoin has already broken both of these resistances. I think that we're off to a good start. The rumors that people were generating about the Chinese New Year seems to be true at the moment. Obviously right now, if we can hit $10k, then the uptrend will pretty much be confirmed. Even if BTC goes down, I doubt that it'll break the $6k low. That January low should stay there as the year's low for at least a few more months as bitcoin continues to recover. This is why you never sell into FUD, guys. Agreed on breaking resistance, although I would probably still be conservative on chances of maintaining that resistance. I recall buying volumes over the past 2 weeks suggesting for a sustained uptrend only for lines to retreat again. But if I take the general sentiment to be self fulfilling, then there's absolutely a swing in opinion across most speculators I'm following and that would carry prices through 10k within this month, if not by the weekend. @op, volatility? That's the constant!
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