Good choice of not holding your funds on USDT. I wouldn't suggest holding USDT for more than a day to be honest. You might want to try out ACX and btcmarkets, those are the exchanges that are listed on coinmarketcap with the BTC:AUD trading pair. Can't guarantee that these are good sites though. https://acx.io/https://btcmarkets.net/You need open account on Bitstamp and transfer your bitcoins to bitstamp and sell them to fiat and withdraw to your bank account.
I been using Bitstamp and i think bitstamp will charge you a certain money to withdraw to bank account. So the best would be localbitcoin. I'm a bit sure the extra charges are on the banks side and not the exchanges. Correct me if I'm wrong.
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How to know if a coin's price will rise or fall? You can't. If we could predict price trends with 100% pinpoint accuracy then we would be rich. Reading charts in cryptocurrencies can only get you enough information on what's going to happen with the markets. What affects prices alot more are the news. x coin getting hacked? Expect a price dip/crash. y coin being partnered with a huge company? Expect a rise/skyrocket.
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Looks like a faucet site. These things give you like what? A small fraction of a dollar after every captcha? A complete waste of time in my opinion. Like odolvlobo said, the best way is to buy them. If you're that desperate to get a hold of some bitcoin, go get a job; then use the wages you've earned to buy bitcoin. I'd personally rather work at McDonalds then buy bitcoin than do faucets all day for all those spare change.
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i am kinda new to Cryptocurrency . i am going great in stocks. its really technical and fundamental kinda investments as i see Cryptocurrency its alot more easy to invest and forget should i shift to Cryptocurrency and start investing without tension and stress?
Cryptocurrency is more profitable. I can say that in it is easy to earn money in the cryptocurrency than in stock markets. Many investors are now entering and trying tk do investment in the cryptocurrency. You just can't say that cryptocurrency is more profitable in general. It will always depends on the person investing/trading. A highly skilled stocks trader/investor will make more profit than a cryptocurrency trader/investor, and at the same time, a highly skilled cryptocurrency trader will make more profit than a typical stocks trader. You get the point. People always think cryptocurrencies are more profitable due to it being high risk - high reward.
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I will be saved if I know the place I can purchase from Japan
In addition I can advice you to check coinbase and cex. But everything depends on your funds, just look through all variants and choose the most comfortable for you. Good luck ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) OP stated that he/she is from Japan. Coinbase currently doesn't buy and sell to Japan. To OP, try out bitflyer. I've been reading alot of good things about that site on Reddit in the past. Also, that site currently has the highest bitcoin trading volume(3.44%) in japan. https://bitflyer.jp/en/
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Bittrex.com is the way to go. Been using it for like half a year and I had no problems whatsoever. Has a big number of supported cryptocurrencies, and it has decent customer support too! As opposed to poloniex.. well, it used to be good. Now it's just a huge shitshow.
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I personally don't think that learning forex and stocks is necessary to learn how to trade cryptocurrencies. Try to just allocate a small amount of your cryptocurrency holdings and use that small amount to play around with trading. Expect to lose money if you're new of course. Depending on what kind of trading you're looking into, I would suggest simply reading and be updated on cryptocurrency news, so you would have an idea on what coins will pump in price and probably crash a bit due to certain various news.
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Postcount is simply it, how many posts you've made in total. Whereas activity measures how active you are in general here in the forums. To earn maximum activity, you need to post every single day (no spam ofcourse). For more information, here's a post from Theymos: https://bitcointalk.org/index.php?topic=237597.0
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I don't know how well-known bitcoin or cryptocurrencies in general are there in Los Angeles, but I think it would be better if you listed "accepting bitcoin" only, and not litecoin and ethereum. I think the case will be most likely people asking what those 3 cryptocurrencies are, and it will end up with them being overwhelmed with the information you're going to give. So I think accepting only 1 currency for now will be more ideal.
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It depends on what kind of trading you're planning on doing. You use the term "trading" so I'll assume you meant daytrading or short-term trading. There are no specific coins that are "good to trade" since almost every single coin available is highly volatile. What should you do? Check their price charts out using your favorite cryptocurrency exchange (I personally prefer Bittrex), then decide on what price point you're going to buy that coin and what price point you're going to sell it at. If you're planning on long term holding or investing, DO YOUR OWN RESEARCH. We are talking about investing money here. Don't make your decisions on other people's thoughts and opinions. If you don't like reading and doing research, then trading and investing is obviously not for you.
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“You should spend a great deal of time and thought on your exit strategies, for one very good reason: you don't make money when you enter the market, you make money when you exit the market. Far too many people focus only on market entry, or what to buy, rather than on when to sell. If you approach trading with an exit strategy, it will benefit you right away.
Your system should reflect your beliefs (i.e., who you are as a trader and as a person). Many people are just looking for “any system that works,” but if your trading system doesn’t match your beliefs about the markets, you will eventually find a way to sabotage your trading.” – Van Tharp Institute
Great quote indeed. I realized just now that I'm one of those people who only focuses on entry points. People indeed has unrealistic/irrational expectations with trading. We see alot of posts here in this forum along the lines of "can I make 200% profit in a week in trading?" or "I have x USD, can I double it this week in trading"? People don't see that there's always a gambling aspect when talking about cryptocurrency trading, as if you can predict 100% what's going to happen with the price; they also don't consider their chances of having bigger losses.
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Bitcoin is expensive simply because it has high demand, and with a very very limited supply; and don't even say "only a cryptocurrency". This is innovation, and the future of money. Also, you don't need to buy one whole bitcoin. You can buy in decimals (e.g. 0.005 bitcoin) or so.
I suggest doing research on this. So you may know why bitcoin isn't "only a cryptocurrency".
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I suspected as much, but figured it wasn't my place to say so... honestly, why do people do this sort of thing? What do they gain out of it? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) You may DDoS and ask for ransom. You can DDoS your competitors website to get their customers. You can DDoS a Tor node to try to find it. You can DDoS a service you hate. Lots of reasons. Internet is not a friendly place. If i'm mixing .512 btc, and i would receive .05 the remaining .012 BTC will be donated?
If you send 0.512 BTC (512 mBTC) to deposit address, you will receive 512 mBTC chip. You can split it into smaller ones and donate as much as you want. Whatever that caused bitmixer to close(I forgot what caused them to close), might can also be the cause ChipMixer to close in the future if it was something involving the government or something.
Nobody knows what caused them do close. There is only speculation for example here: https://bitcointalk.org/index.php?topic=2194145.20Yes I was also speculating. I'm not saying it was because of government intervention, it's just that I couldn't think of any reason besides that for them to close just all of a sudden, hence my assumption. Just my guess. I could be wrong ofcourse. such a mess. just sent some coins, a quite large amount actually to your mixer, and 5 sec later the website was down
504 Gateway Time-out
fuck, what to do now??
Seems like the main site is still getting DDoSed. For now it would probably be better to access chipmixer through the Tor link.
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I'm pretty sure the US feds are doing the same, if not making cryptocurrency surveillance more seriously; they probably just didn't announce it to the public. People buying bitcoin usually has their bank account affiliated with their exchange's account so it would be easy for the feds. If only it was easy to buy bitcoin via peer-to-peer. Unfortunately buying on sites like localbitcoins aint cheap. There's always a huge markup on prices.
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Bitcoin crashed to a very cheap price on all exchanges, not only on Chinese exchanges. What do you mean by "the buyers has hand in what happen in China"? Bitcoin's price stayed at the $2900-$3200 price range for a good number of hours, so people who were online at those times had a good chance of grabbing cheap bitcoin.
Who is responsible for the price decline? All the FUD that has been spreading at those times; but mainly China's banning of ICOs and exchanges, since some people were probably assuming China would ban bitcoin too(again lul).
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What do you want to know specifically? In trading you basically buy a certain cryptocurrency at a certain price hoping that you can sell it at a higher price to get a good/decent amount of profit.
Should you invest big? It seems like you're new to cryptocurrencies and trading. So, the answer is no. Go deposit a small amount for now and trade a bit to get a feel of the markets.
Is it worth it? It is if you're good at it. Obviously not if you don't know what you're doing.
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I am currently using bittrex but it doesn't have much coins listed in it.
Bittrex is one of the best exchanges in terms of number of supported cryptocurrencies. It supports ALOT of cryptocurrencies, what more are you looking for? ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) If you're looking for certain cryptocurrencies, head over to https://coinmarketcap.com/ and search for the coin you're looking for, then click on the "Market" tab so you know what exchanges you can purchase them on.
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The news that Amazon will be accepting bitcoin was BS anyway. There weren't any sources to back the headlines up. I'm not sure if I would call it "news" anyway, it was barely "news", it was just an opinion or a prediction of a person; it was something along the lines of, non-verbatim: "a lot of companies/organizations are starting to accept bitcoin, so Amazon should/might do the same in the future". Though I'm still optimistic that they would directly accept bitcoin in the future, so we wouldn't need to buy from Amazon using bitcoin through Purse.io anymore. P.S. Article is not so good. There are lots of better articles with the same topic than the link OP posted: http://www.newsbtc.com/2017/09/23/amazon-will-not-accept-bitcoin-payments-anytime-soon/
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I know Amazon currently doesn't accept bitcoin(recent news about Amazon accepting bitcoin might be untrue), but you can purchase from Amazon via bitcoin by using purse. Check it out: https://purse.ioAlso, another very famous site I use that accepts bitcoin as payment would be Steam. Some other famous sites: - NameCheap
- Subway(unsure)
- Reddit
- NewEgg(not sure if they still accept bitcoin)
- Various VPN/proxy sites
And by the way, Lamborghini accepts bitcoin too. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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