What can make a token in MEW disappear? lately i heard from some friends that he lost the token at MEW, he said that he had entered on the right site ie https://www.myetherwallet.com/which is happening is exposed to phishing, is there any other cause besides phishing? It is not that tokens are being stolen everytime. Due to excessive load on MEW server, they added a restriction. To view all balance, you need to click "Load All Tokens". In meantime, it's best to view your wallet on etherscan.io or Ethplorer. If you still don't see tokens on your address on either of these, is simply mean your wallet is compromised. No fault of MEW. |
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When you buy something on eBay or Amazon, you pay the seller, he ships the product and upload a tracking number.
If you haven't received the item, you can call eBay or Amazon and, basically, what happens is that if they have a tracking number that shows that the item has been delivered, then it is ok, otherwise eBay or Amazon reverses the transaction and you get your money back.
Is that possible with bitcoin? What if I buy a boat online for 2 bitcoins and I never receive it? Is bitcoin able to solve this problem?
Thanks
The only solution is credibility of the seller. If seller is credible, you can go first with Bitcoin. There are services like Purse.io. They let you buy stuff for Bitcoin on Amazon. In this way, you can easily buy whatever you want and have no risk of being scammed as Purse is reputable company. |
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A documentary here in the Philippines entitled: FAILON NGAYON have exposed Bitcoin as a type of scam.
It goes like this: a callcenter agent guy invested on one of the sh*tcoins here. He invested a fair amount of money into it as a promise projection of 50% gain for about 3 months. After 3 months have passed and he was about to withdrawn the money, support system from that UK based comoany was suddenly became unresponsive.
Financial analyst said that bitcoin is being used by some scammers to phish for money from users through untrusted sites.
I think that due to anonymity, it is very hard to track down those people who uses bitcoin for scamming.
For me, I think you just invest amount ofnmeny that you can afford to lose. Secondly, just transact with secured sites and not fall for get rich quick schemes because most likely thisnis a scam.
What are your thoughts on this?
What Bitcoin has to do with the scam happened with the guy? He didn't invest in Bitcoin but in a HYIP site. 100% of High-Yeilding-Investment-Programs are scam because they aren't back with any real business as promised on sites. Bitcoin has nothing to do with it, even if he invested through other mediums he ended up being scammed. Bitcoin is safe investment and altcoin trading is promising way to increase money. But one has to learn how things work before wagering his money anywhere. |
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In early stages of bitcoin we had sharp drops but now everything is different then ever. we will not see a bubble things again.
community is more strong then other commodities.
~ ~ ~ ~ A drop of 10-20% is nothing in crypto though. If Bitcoin goes up 500% and drops 20% nobody in their right mind would care about the drop. And that's what I meant when I said it won't significantly crash for long periods of time, regardless of FUD. There are too many people involved now. 500% is something impossible for Bitcoin to reach in near future. It means we are hoping Bitcoin to reach $30K which isn't seems happening anyhow. On the other hand how can you say 20% isn't a big decline. Suppose Bitcoin crash 20% tomorrow, it will decline from $5800 to $4640 which I consider to be a very big decline. No doubt we have huge folk of people using or investing in Bitcoin but still many turn weak hands in the time of negative atmosphere. Thus, there is some degree of bubble formed around Bitcoin. |
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Do you think it can be a good strategy waiting for 2x? Do you think it's better rebuy alts before the event or just after it? Thank you
It will be a huge mistake to categorize whole cryptocurrencies market into two segment, Bitcoin and alts. There are hundreds of coins, each being affected by thousands of factors. Open CMC any day and you will find all coins moving in different directions, some red, some green. So it is wrong to make any trading strategy while generalizing all the altcoins. However, it is always recommended to invest in multiple coins rather than throwing all money in 2-3 coins. |
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I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?
I doubt what you asking is possible through any third medium. Whenever you try to exchange Bitcoins to fiat currency, you are required to verify your KYC. This is required as per law of every country due to fiat engagement. However, this could only be possible if you personally sell Bitcoin to other party. Only face-to-face trade can maintain trade anonymity. |
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If you paying 1 sat per follower then how is 0.001 BTC possible per day?
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In early stages of bitcoin we had sharp drops but now everything is different then ever. we will not see a bubble things again.
community is more strong then other commodities.
We'll see lots of bubbles in the altcoin market. I don't think that Bitcoin will have any major crashes like the 2-3 year period after the first 1k ATH again though. This is quite early to predict that. When Bitcoin reached the ATH of $2.8K, it declined to $1.8K after few days back in July. So Bitcoin is still isn't mature enough to be considered stable investment. Currently it's enjoying boom period but such high pace rise may be a resultant of too much speculative activities. So situation may come that some opposed news could break this ladder and Bitcoin decline back dramatically. I didn't say it's a stable investment. It's one of the most volatile assets in existence right now. But it's unlikely that it will crash significantly for large amounts of time due to the increase in public awareness and interest. No doubt it's public awareness is increasing notably. But still I feel due to continuous rise in price, a speculative layer of price has been developed around Bitcoin. This layer could easily broke if Bitcoin faces any kind of negative FUD. Hence as a result, price may decline 10-20% easily. Also this pace of rise may meet saturation point soon enough which is much needed for long term sustainability of prices. |
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In early stages of bitcoin we had sharp drops but now everything is different then ever. we will not see a bubble things again.
community is more strong then other commodities.
We'll see lots of bubbles in the altcoin market. I don't think that Bitcoin will have any major crashes like the 2-3 year period after the first 1k ATH again though. This is quite early to predict that. When Bitcoin reached the ATH of $2.8K, it declined to $1.8K after few days back in July. So Bitcoin is still isn't mature enough to be considered stable investment. Currently it's enjoying boom period but such high pace rise may be a resultant of too much speculative activities. So situation may come that some opposed news could break this ladder and Bitcoin decline back dramatically. |
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Hellow guys share your idea about this new altcoin now in market cap.
Should I hold this like what I did in BTC?
Never believe in Hard Fork! Generally coins enter into market through ICO or Token Sale. So the value of coin is backed with the investments made by investors during ICOs. But in case of HardForks or Airdrops, people get free coins. Now buying/selling free coins can be too risky as value is completely hollow. This hollowness make prices too volatile. So never invest your valuable money at least in fork or airdrop coins. |
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The fact is that BCH transaction fee is low and is very fast.
The fact is that BTC is just the opposite to this day, despite SegWit arrival.
I hold BTC and no BCH. But I am worried that if this trend continues, merchants will start accepting BCH instead of BTC.
Will Bitcoin Cash some day be a threat to Bitcoin ?
If that the case, almost all cryptocurrencies work faster than Bitcoin and several are even more lightning than Bitcoin Cash. Consider Waves, the transaction works instantly with negligible fees. So that can't be the basis to challenge the authority of Bitcoin. Moreover, Bitcoin Cash (along with all other shit forks) is nothing but a disturbance in Bitcoin ecosystem. |
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EDIT: I saw that your problem is with the Indahash translation. You're using an invalid link. It should be an image link, with .jpg .png extension
Oops, my bad! Thank you very much for your quick help. Thank you very much everyone else. I am now closing this topic. |
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I was trying to upload some images but got the following error-
" bitcointalk.org image proxy
Invalid image
What does this mean?
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Dear brother and sister,
I'm new in crypto,
What wallet u guys use ? For beginners like me...
Easy to operate
Thanks for give some idea and suggestions..
It depends upon the purpose of your use. If you are planning to buy various coins investing small amounts in all, then it is better to keep them on exchanges so whenever you need to sell them, you need not pay additional fees. Some good exchanges - Bittrex, Poloniex, HitBTC, etc. While if you are planning to buy a particular coin in large quantity then better download a client wallet of a respective cryptocurrency. You can easily find wallets for Windows, Mac and Linux on respective website of coins. While there are some web wallets providing service of hosting various coins at one place, for example, Coinomi. But there exists a risk of getting scammed as you aren't provided with private keys. PS: If you are planning to buy ERC20 tokens, best place to keep coins is MyEtherwallet. |
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The failure of Bitcoin on various fronts is the basis of invention of new coins. Suppose if Bitcoin would perfect coin then could we see such huge number of coins as being created every other day?
But keeping all factors aside, Bitcoin will be first cryptocurrency forever and no other coin could take that title from it. Therefore it attracted first mover advantage and such a big community. I doubt if any other coin could work perfectly without the problem of scalability if used on such large scale. So it's wrong to compare other coins with Bitcoin when other coins are being used on very low scale compare to what Bitcoin does.
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Possibly not, it is normal trend that when investors face severe downfall in their stock prices, they turn conservative and keep amount in liquid form rather than shifting it to other investment alternative. However, prices of stocks depend upon several factors like performance of company, increased number of shares, etc. But prices of cryptocurrencies on other hand largely depends upon the influx/efflux of investors. So there lies a significant possibility that investors may turn to cryptocurrecnies if Stock market faces crisis. |
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How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
If I would be Bill Gates, I won't be giving shit for 50 or 500 Euros. So it wholly depends upon the financial position of an individual. So if you are planning to invest in soft investments like shares of blue chip companies or Bank investments, you can go for 30-50% of your total net worth into investment. But if you planning to invest in high risk industries like cryptocurrencies or penny stocks, better invest only that which you could afford to loss. |
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