I'm a crypto trader and while I monitor the markets daily, I don't understand a lot of the technical aspects surrounding bitcoin. So, I have a couple questions.
1. I just sent a transaction worth about $5k, and paid almost $30 in fees. From what I can remember from my past transactions, it was nowhere near this. In fact, I found one that I sent a couple months ago worth about $7k and the fee was only $6. I used bread wallet for both of these transactions. Is there an explanation for this and is there anything I can do to prevent this? From what I can tell, sending ETH is far more economical and faster, I might add.
2. I've been hearing a lot about Segwit and I think I get the general idea of it, but can anybody tell me what this might do to the price in bitcoin? Or if Segwit is definitely going to be the solution here? Every day I grow tired of the bitcoin nonsense (bickering, long confirmation times, high fees) and every day the temptation to switch all funds over to ETH grows stronger.
I appreciate all responses and input. Hope you are all having a nice day.
Thanks!
CORRECTION: My fee was $60USD!!!
|
|
|
Hey everybody! Just wanted to update you all. Thanks a lot for your feedback. What I ended up doing was sending about 25% of my total funds to an exchange where I trade alts and BTC daily. It has been quite profitable for me. I actually would have made more money if I had just kept everything in bitcoin, due to the price increase. I am happy with my decision, however, since I was able to discover a new income stream. Since I have been so successful trading, I have actually quit my real job and now I trade full time. I cashed out about 15% of my funds to pay for rent and other expenses in case this new venture fails and I have to find a new job again, but so far it's looking great. I am still benefiting from the price increase from my remaining BTC and I'm going to keep holding it. I see a good future for bitcoin and I'm so happy to be a part of it.
|
|
|
My most profitable arbitrage opportunists have come from buying on Bittrex, selling on Poloniex. You guys might want to check it out. Sometimes I'm able to capitalize on a $200 difference.
|
|
|
Poloniex transfers are a PAIN. I've never actually had one sit for more than 24 hours, though. I know a lot of people have been waiting for days in some cases. They seem to have stuff together until the next DDOS. I can't stand them, but they're my favorite trading platform.
|
|
|
I've sent payment for this but have received no response or produce since.
|
|
|
I have TGI Friday's and Cracker Barrel now stocked on my auto buy.
|
|
|
I have panda express ready to go. Add me on skype to buy it. Skype: itawyola (watch out for imposters)
As always, contact me here or on skype to solve balance issues. Thanks.
2K in Ethan Allen zero balance, please replace for Benihanas. I've skyped you many times but nothing. Talking on skype now. Thanks.
|
|
|
Still looking
If I do create an account and fully verify it how much will I get paid for it ? I've never used Bitify but if you'r paying good I may create one for you. I could pay pretty well. Let's discuss in pm.
|
|
|
Please Pm me here if you are having card balance issues. Ethan Allen Furniture has been added to hex pay.
I've sent you 3 PMs, 20 skype messages and 2 emails. Regarding 3k in gift cards that didn't work please respond to me. I even have orders that were not fulfiled because their was not enough inventory. Please help thanks! Taken care of.
|
|
|
Please Pm me here if you are having card balance issues. Ethan Allen Furniture has been added to hex pay.
|
|
|
Store is still fully operational and this is the link: https://hexpay.org/u/potestatemI understand there are some outstanding warranty issues. Please send me a pm regarding this. Thanks. Links seems to be down for me. Keeps showing me this error as of now " Whoops, looks like something went wrong. " I tried accessing the hexpay website and that works, so not sure if its the website or your store. Also sent you a pm about a card issue. Strange. Just tried posting the link in my search bar and it worked. Try clearing cookies?
|
|
|
Store is still fully operational and this is the link: https://hexpay.org/u/potestatemI understand there are some outstanding warranty issues. Please send me a pm regarding this. Thanks.
|
|
|
Look a few posts back, I posted it. Thanks
|
|
|
thank you for the reply, just came back from kona, and was unable to use the card as the manager stated that the card is 11 digits, but mine was only 9. can you please PM with more info or solution.
thanks
Kona will come with no 0s in front. To every code you should try adding four 0s in front.
|
|
|
best way to use kona grill cards?
Add to gyft or some other app. Haven't heard of any issues with using them.
|
|
|
Added: yogurt lab
Hit me back on Skype. We were talking earlier. Need some Dollar Tree ASAP. $50 denominations if possible. Thanks, BitcoinDomainDeals Believe I replied to you. Hard to say without knowing your skype name. Ping me again if I didn't. Thanks.
|
|
|
When are you getting more over $25 Dollar Tree cards?
I'll be updating $25 Dollar Tree cards within the next couple hours Hey I recently bought 2 $10 cards I was wondering how I would be able to use them in stores or this is online only thank you. You can use them in store but you might have to do a bit of sweet talking. They work best online.
|
|
|
When are you getting more over $25 Dollar Tree cards?
I'll be updating $25 Dollar Tree cards within the next couple hours
|
|
|
|