Isn't these groups are beneficial for us too? If we get into trusted sources then it can make the trading very simple and most important very profitable for us. :-)
I would love to join such groups if they are giving me the opportunity to earn money.
People actually don't make much or sometimes people even lose money from pump & dumps. The pumpers tell you to buy and buy, then you see the value of your coins rise and rise thinking you're gonna be rich. Then before you know it, in a snap of a finger, the price crashes. Why? The pumpers who first bought tons of those coins already dumped. Leaving you with a huge loss. Make educated decisions when investing. Don't join those scammy pump & dumps. |
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Why do we even need all these separate versions anyway? It seems like the original Bitcoin was working great. Doesn't seem like Bitcoin Cash is doing much of any good. I would be interested to see if more forks happen in the future. We're less than 10 years into Bitcoin so in 100 years who knows how many potential forks or splits can happen.  Because huge disagreements and different opinions are to be expected in a decentralized platform. It's pretty much like the first half of the community says they prefer apples, whereas the 2nd half prefers oranges. And no, if you're actually a bitcoin user you would know that the original bitcoin is NOT working great. I wouldn't call high transaction fees and high transaction times " working great". Yes, expect alot more forks in the future. If I remember correctly the next fork would be in November. Only time will tell which bitcoin version will be at the top. |
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•QUESTIONS•
1. how?
2. you need to be an old member? or a brand new member can join on sig campains too?
3. how do I "lvl up" my account?
4. what is constructive posts?
1. You can look at the list of signature campaigns here: https://bitcointalk.org/index.php?topic=615953.0 You basically apply in the campaign's thread if the campaign is currently open and you have the minimum rank needed. 2. Some campaigns require certain minimum ranks, some don't. You need to be atleast a Jr. Member (30 Activity) to join a campaign. 3. Basically you need to post twice every single day to get your activity up the fastest. For more info: https://bitcointalk.org/index.php?topic=178608.04. Posts that makes sense, posts that actually helpful or contribute to the topic/discussion. If you don't know much about bitcoin or cryptocurrencies, I suggest doing alot of reading. Signature Campaign managers can easily kick you out if you post alot of nonsense or if your posts aren't constructive enough. |
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I've had a few YouTube channels that I followed in the past when I was pretty much new and just starting out in cryptocurrency in general, not only in investing, but these channels definitely has some good information on anything concerning graphs and charts. Chris Dunn: https://www.youtube.com/user/chrisdunntv/BTCKYLE: https://www.youtube.com/user/kholzrpiHigh Altitude Investing: https://www.youtube.com/channel/UCD9j5qyDqQvb9qnLss3vxwwI don't watch them anymore since I pretty much like got bored of these kinds of videos, since my trades and predictions are usually alot more influenced by latest news instead of graph analysis. Also, I suggest using Twitter only for latest news, and not for the signals. Any groups on any sites that gives "signals" are mostly pump and dump groups, which you definitely won't want. |
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Well, your crypto is pretty much secure as long as you have a secure password and 2FA enabled, but remember that exchanges are pretty much the number 1 target of hackers. Don't let history repeat itself and use your own wallet instead (preferably a wallet whereas you have access to your private keys). Exchanges have been hacked in the past, and I wouldn't be surprised if some more exchanges will get hacked in the future. ( Read: MtGox lost 850,000 in bitcoins) A paper wallet is what it literally is, a piece of paper that contains your private and public keys. The beauty of a paper wallet is that your wallet's confidential information are not stored on any digital device, so it's pretty much hack proof since it's impossible for hackers to gain access since it's just a piece of paper (unless a stranger sees your paper wallet and copies your private keys  ). Here's a good video on how to make yourself a paper wallet: https://www.youtube.com/watch?v=IwwsiuGPK84 |
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I used to spend my bitcoin alot back in the day when bitcoin was still around the $1000-$1500 mark, whereas I would use my bitcoin to pay for proxies/VPNs, and occasionally some Steam games, all those digital stuff as I don't trust other sites enough(besides Steam) to enter my credit card info. As of now it's pretty much just pure speculation and investing, and sometimes trading in and out of other cryptocurrency coins as I'm not willing to pay for $10-$15 stuff online with around $3 fees. I'm not seeing myself using bitcoin for payment again soon, unless this scaling issue gets fixed once and for all.
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Think about it. If you were to have a huge mining farm, would you rent it out to random people for free? of course not. The no-brainer move would be to just use it for your personal profit. It's just common sense really. The reason they're so successful is because of lazy people who wan't to earn money while doing nothing. There's only one way to achieve that, and that's through proper well-thought investing. If you're interested, might want to read this: https://www.reddit.com/r/CryptoCurrency/comments/6p3yzz/guide_basics_to_investing_in_cryptocurrency/ |
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Sounds simple enough, right? But that's actually easier said than done. There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and my total btc is 0.384xx. Then what if the price dumped more after you bought at $3900? What would you do now? Panic sell? The bitcoin market isn't gonna hover around the $3900-$4100 price range forever. It could dump to $2500 next week, or rise to $5000, no one knows. Don't forget that crypto markets are super volatile. There are so much flaws I can see with this 'strategy'. But if you could make it work, then good. Best of luck. |
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Most ICOs have been running and most ran successfully. So the no-brainer move for hackers/scammers would be to start one themselves for easy money. So yea, definitely alot of scam ICOs out there. Just don't be lazy on just don't throw your crypto on random ICOs. Do research on them first. Look at everything, the developers, the community around the ICO, and especially the whitepaper. Take the previous famous ICO scam, eroscoin. Whereas it's whitepaper is 100% copied from the BEAVER whitepaper, but somehow it still raised millions because of the ignorance and laziness of the investors. |
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Bitcoin is great for connecting to mobile devices
It will be convenient because everyone has a smartphone in their hands
It will help us pay goods by bitcoin
However, another problem is that it's not safe, imagine when you lose your phone, all of your bitcoin will lose.
What LOL? But you don't have to have your mobile number connected to your wallet to spend it via mobile? We've had mobile wallets for more than a few years now. What you said makes zero sense. Same as if you lose your computer, or your hardware wallet, or your paper wallet, or any other wallet. That's what the private keys are for. How the heck did you reach Full Member without knowing that.  |
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It's a combination of a lot of things, but a good chunk of my criteria and the first thing I would check would be the developers. I always make it a habit at looking at the developers first, whether or not they've worked on similar projects in the past or if they're currently developers of some different project. If ever I'm not familiar with the developers, I do a thorough search on their names as to know if they're actually real people/developers and not just some made up names just to get people to trust them.
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You've listed some decent points, but personally I think it's heavily depends on what kind of trading you're planning on doing, shortterm(daytrading) vs long term trading(hodling). Personally I think the points you stated(a,b,c) are more towards longterm trading. When doing short term trading, I think it depends alot on hype/publicity/shills of a certain cryptocurrency. Let's use NEO(NEO) and Bitquence(BQX) as an example. They've been kinda steady on a low price in the past, but then alot of people on Facebook groups and on Reddit started shilling on these coins weeks to months ago, guess what happened? They skyrocketed, since everyone got too excited with the prices and started buying. This is also a perfect example of FOMO or "fear of missing out".
That’s a good point and one I wanted to incorporate in OP but left out to keep it simple. Initially I set out to just buy and hold BTC and ETH (+1 year unless they come crashing down) but digging deeper into the crypto space I am now curious about trading in any time frame (I have the time). What are the rules of thumb in terms of time intervals when people talk about short/long-term trading? Nice examples. I looked up NEO and looking at the graph from the launch of the coin, the sudden increase is even clearer. How do you handle a scenario like that? Say you notice a coin getting a lot of hype months after going steady and prices increase slightly – do you buy in even if you don’t believe in long term prospects but just to ride the ‘pump’ and sell before the 'dump'? On FOMO: When/how do you decide that you are late for the party? There are no like "standard" time intervals when talking about short term and long term trading. Personally I think short term is like at the 1-4day mark, whereas beyond that, you can probably call long term or semi-long term depending on how long it is. Whereas buys and sells that happen in the same day are called "daytrades" or "day trading". Honestly, personally I always go with my "gut feeling". If I see that it has risen up a bit but not too much and at the same time that certain coin is still getting so much hype, I'll most likely cash in a bit. And yes. Even if I don't believe in the coin, even though I think a certain coin is so stupid, I still cash in a bit and sell immediately at a certain point just to get a bit of profit. The thing is, you don't. That's one of the beauties and dangers of crypto trading, is that it's almost impossible to know what the highest price can be, so it's also almost impossible to know if you're late or not. Sometimes I still go in even if I feel I'm quite late, but I only rack in a very small amount. Just for the shits and giggles. Again, go with your gut-feeling. |
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There is no minimum. But would you deposit $1? Ofcourse not. Transaction fees are like $2 so depositing $1 in bitcoin would definitely not be a good move. You can start with $5 or so, but don't expect to make big bucks with that amount, as that amount would only be good for doing a few trades to test things out. If you're looking for profit, probably a minimum of $100 IN MY OPINION. Anything lower than that would probably be a waste of time. I'd rather get a day job than seriously trade for profits with low amounts.
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I've already read a few posts about a vulnerability on Trezor, so I wouldn't say that they are "attacks", as Trezor already acknowledged this issue. Trezor actually posted about the vulnerability on Twitter in the past and how they're already looking at it: https://twitter.com/TREZOR/status/898532238542950400Also, Trezor recently tweeted claiming they fixed it on the latest 1.5.2 update. I honestly wouldn't be too alarmed by this though, as a hacker would actually need to physically steal your Trezor to crack it. |
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Googling bitmain, bitmainmasters.com doesn't appear on my side. What you probably saw is most likely an advertisement. Doing a bit of research, I'm not sure if it is a scam, but it most likely is. Here's the whois result: Domain:bitmainmasters.com Registrar:Network Solutions, LLC. Registration Date:2017-04-03 Expiration Date:2018-04-03 Updated Date:2017-04-03 Status:clientTransferProhibited  @domaindiscreet.com Looking at the registration email, I think it looks like sort of a disposable email. Though I'm not 100% sure. It also has a video of their "mining operations" on their mainpage, which is a video from 2014. They probably just youtubed "bitcoin mining" then found that video and claimed it was theirs. Also, I couldn't even find reviews of the website, or any posts about it at all on bitcoin/cryptocurrency forums. I would stay away from it. If you're looking at buying miners, go to the reputable sellers instead. I think I know the difference between an ad on google vs an actual page ranked indexed site. Regardless. I do believe they're a scam, but how come they haven't been heavily reported here? After more checking, bitmainmasters.com is very badly ranked Google(not even in the top 10 pages), so I highly doubt bitmainmasters.com is a ranked indexed site. Though this can depend on the geographic location of the person searching. At the same time, I'm not seeing any ads of it when searching the term "bitmain", so I'm really unsure on why it appeared on your side. bitmainmasters probably hasn't been reported here because it's probably a very not-famous scam site, or probably because it's a newly made website, yet to be advertised by the owner. |
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I don't want to send all of my coins to the same damn address. Why isn't Poloniex letting me generate new addresses to deposit in different transactions using different addresses? Fuck these guys if you can't.
What exchanges that have BCH listed will allow me to generate different deposit addresses? I want to dump all of my BCH for once, but I can't send it all on a single batch, I need different deposit addresses.
What would be the benefit of having different deposit addresses, besides the privacy aspect? I'm not completely sure in Bittrex, but I remember changing deposit addresses a few times. Though there might be a limit, once a day perhaps? Might want to try it out. Bittrex.com I don't suggest depositing any cryptocurrencies on Poloniex by the way, there's been alot of issues with Poloniex lately, whereas alot of people are claiming to their coins being locked up on Poloniex, disabling their withdrawal option for some reason. Also, their support hasn't been replying to the complaints for a couple of months already. Might want to read these posts: https://www.reddit.com/r/PoloniexForum/comments/6uojxu/poloniex_account_has_been_locked/https://www.reddit.com/r/ethtrader/comments/68tqxr/poloniex_account_locked/https://www.reddit.com/r/Bitcoin/comments/5qhaud/am_i_the_only_one_who_has_their_poloniex_account/ |
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There's this one android app I saw months ago, sort of like a coindozer whereas you can win some satoshis. I don't suggest using apps like these though, they're pretty much just bitcoin faucets(which is a huge waste of time in my opinion) that's just made to look like a game. If you really like to earn while playing, then the answer would be poker/blackjack/dice gambling via sites like betcoin or primedice. Though these would require you depositing money ofcourse.
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To put it simply, a masternode is where you can generate yield just by holding a certain specific amount of cryptocurrency. Sort of like mining, but without all that hardware expenses. A good example would be DASH, whereas you would need 1000(correct me if I'm wrong) DASH in a local wallet. So to answer your question, yes you need an initial investment to run a masternode.
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If you want help recovering Ether you should post this thread in the forum dedicated to Ethereum. You'll find the Ethereum Community Forum here. https://forum.ethereum.org/Not sure how posting on the ethereum forums can help OP to recover his/her eth though, as he/she said that he/she fell for a scam that caused his/her eth to be stolen. We all know that transactions can't be reversed. But then again we don't know OP's complete story yet. |
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Sorry but, why are you trying to trace it? What are your intentions? Just understand the fact that they're gone now. There's no way to get it back no matter what wallet your ETH ends up in. Don't waste your time and emotions by trying to track it. Not to mention tracking it can also be a huge headache. Hopefully it isn't an expensive lesson. Also, I think there's no way for us to know if the final destination wallet is a wallet of an exchange or not. Correct me if I'm wrong. |
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