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201  Economy / Trading Discussion / Re: How to trade without losses on: January 04, 2018, 12:14:36 AM
This thread is belong to trading discussion, @salahcryptowin, you may have to move it to here: https://bitcointalk.org/index.php?board=8.0
How to trade without losses? Don't buy sh*t coins in the market, just invest in some potential coins such as btc, eth, xrp, xmr or bch which has the utilities and being used for something such as ethereum being used as smart contract to collect the funds during ICOs or BCH being used as the only payment method that accepted to buy ASICs from Bitmain, even though these coins are more expensive than most coins in the market, at least you can't lose by holding these coins for a long-term. Or else, if you want to buy cheaper coins, there are xrp or xlm, but be ready when the time comes for massive sell-off.
202  Alternate cryptocurrencies / Altcoin Discussion / Re: [2017-12-29] Venezuela to Launch Petro Digital Currency Within Days on: January 02, 2018, 08:48:56 AM
Do you think that there will be an actual white paper for the petro? With it being centralized by a government, and as governments go, they're not exactly completely open with how they conduct business. They would say it has to do with security or some such. I seriously doubt they'll put out a white paper. I don't know how well the community will back this either.

If I live in Venezuela, I will stick to bitcoin and ethereum instead of buying a new cryptocurrency issued by the government which has a major problem of corruption. If citizens really believe in their government, then they will use this coin. But, most people in the crypto market don't want to buy a currency without a whitepaper to explain the technology behind this coin, backed by the country’s oil reserves isn't enough to convince investors, unless they just want to use this coin inside the country.
203  Economy / Exchanges / Re: Don't use binance on: December 30, 2017, 05:35:16 PM
THis    exange   it's  two months  I have lost  my 2FA  key  and they  still  don't  solve  my  probem  after having submitted  10k tickets

They really don't  understand  my problem even  after I have told it to  them   10'000 times
Just use  Bittrex,  dealing  with this  awful exange is a pain in the ass


OP already made a thread about this.

I suggest you use google translate or pay an English speaker to clear it up with them. Circumventing 2FA is a serious thing to exchange operators.

You sound like you are drunk and incoherent. Definitely not surprising that you lost your 2FA  Cheesy Grin

Yeah, it's not binance but Op's fault.
There are few rules to be followed if you have lost the 2fa which is you responsibility.
Considering how much tickets has received per minute for an exchange, sent 10,000 tickets only add more hassle into their system, without proper form of informations that you have to provide for binance (mentioned above), they won't reply your tickets.
204  Bitcoin / Bitcoin Discussion / Re: Can’t profit from Bitcoin means no confidence on: December 30, 2017, 01:18:57 PM
Indeed, bitcoin is too expensive but not impossible to make 5x profits, even though it may take months to achieve that.
On the other hand, ripple is gaining too much value in the last few days, it's on bull run right now, but will be corrected in the end obviously. Yes, you can make easy and faster profit if invest in ripple, but there is no any guarantee that it will fall significantly after you invest in xrp, and vice versa, it's a gambling time; is it the peak or xrp will continue to reach higher point?
205  Bitcoin / Development & Technical Discussion / Re: Tracking down stolen Bitcoins on: December 28, 2017, 03:43:42 PM
There are a lot of stories of stolen bitcoins from hacked websites or fooled people.

Or perhaps just block those blacklisted wallets and don't support them on the network (bitcoin) level?

Fortunately there is no such power, a victim may contact some exchanges to blacklist an address or some addresses which relate to the thief address, but not all of the exchanges in this world that you can ask to do that, it requires lots of resources obviously, and how if it just BTC10 but the resources that you need to blacklist the thief address more than BTC10?
Most cases are unhelped, the victims can't do anything about it but let it go.

A short story;
After MT-Gox hacked which BTC850,000 bitcoin stolen, the owners can't do anything about it, but law enforcement keeps tracking the transactions and ended with someone from BTC-e (Alexander Vinnik) was arrested due to dealing with money laundering which suspected relate to funds from MT-Gox as well.

So, if you have at least BTC100,000 that someday get stolen and still have enough resources to track those coins, then you may be able to recover the funds even though with small chance and it may takes years.
206  Bitcoin / Press / Re: [2017-12-28] Bitcoin 'doesn't pass the smell test,' says Massachusetts regulator on: December 28, 2017, 11:19:23 AM
The truth is no one can classify what bitcoin really is.

Yes they can.

At least a few million people classify it as money.

I treat Bitcoin as money. Others don't. Not everyone accepts Euros either.

The problem is; they (or a man) classified bitcoin or cryptocurrency as speculation tool or subject to manipulation.
Whatever they said, it's not so important as most people consider bitcoin as an alternative currency, but currently being used as the speculative object of investment.
IRS has stated virtual currency as property for the US Federal tax itsoses, fortunately, they didn't ban it and people are free to use or trade it as long as they pay the taxes.
I consider bitcoin as money as well, but there is no any merchants accept bitcoin payment nearby to spend it.
So, I will just keep my bitcoin and use fiat currency as means of payment Cheesy
207  Bitcoin / Bitcoin Discussion / Re: One currency One world? on: December 27, 2017, 11:56:52 PM
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?

For bitcoin, I don't think it's possible at all.
Governments do bot want to replace their fiat currency obviously, its better to ban bitcoin instead of let bitcoin dominate their official currency. Another problem, it's hard for bitcoin to reach scale implementation to afford so many transactions per second. Bitcoin supply is limited, can't meet the demand all over the world. Then, if bitcoin fail, all of those altcoins will fail as well.
208  Economy / Web Wallets / Re: Today I was charged $86 in fees on a $250 buy order with Bitpay on: December 27, 2017, 03:14:33 PM
You're right, business should not work like that.
I forgot to mention, bitcoin isn't in the best condition at the moment due to scale problems.
It's really the worst time to do a transaction using bitcoin, I'm sorry for your bad experience with bitcoin but you can check two things before transact using bitcoin.

First; how much unconfirmed transactions on the mempool (https://blockchain.info/unconfirmed-transactions). It's over 168K but normally less than 50K which indicate less fee to be paid, if it less than 20K or less than 10K unconfirmed transactions, you may pay only a few cents to send $250 worth of bitcoin.

Second; check recommended bitcoin fees at https://bitcoinfees.earn.com/ it's 650 sats/byte right now.
For the median transaction size of 226 bytes, this results in a fee of 146,900 satoshis. or equal to BTC0.00146 = $22.24
209  Economy / Web Wallets / Re: Today I was charged $86 in fees on a $250 buy order with Bitpay on: December 27, 2017, 12:34:42 PM
Bought $250 worth of bitcoin via Bitpay (to buy a product, not as speculative investment) and was informed the fee would be ~$10.

Turns out they charged $86. I wasnt notified beforehand about any additional fees being taken. It was charged and taken without my permission. Had this been disclosed to me first, I wouldnt have placed my order.

Coinbase fees about BTC0.001 but recently the network ask for BTC0.002 to be confirmed faster, pretty high fees obviously.
But, BTC0.002 equal to $31. Don't know what happened there, how could it turned out $86 Huh like there is a hidden fee without explanation.

I should've just opted for a direct credit card purchase. Lesson learned.

Actually, it happened due to two reasons; you use coinbase (exchange) and your transaction not at the right time, too many unconfirmed transactions on mempool which cause higher fees for faster confirmation.
I recommend to use a desktop wallet (electrum) or a wallet on your smartphone (electrum or bread wallet), you will pay lower fees compared with exchange fee to send bitcoin.
210  Economy / Speculation / Re: Has BTC started the upward move? How high will it jump on: December 26, 2017, 11:08:02 PM
Bitcoin is back, recover to $16,000 right now and altcoins price seems declining atm. How high will it reach? No one knows about that.
Since bitcoin facing the old scale problem, the price can't stand at higher point and tend to lose its value after reach another milestone at $20K a week ago. Normally, bitcoin price will always increase over time, but people don't want to pay high fees and waiting a longer time for their transactions to be confirmed which cause bitcoin's utility appeal slowly fade away.
211  Economy / Service Discussion / Re: Kraken and Coinbase rate exchange on: December 26, 2017, 04:05:18 PM
Arbitrage trading is really profitable, but you really need a huge capital to make profits.
As long as you have a verified account on both exchanges, can deposit and withdraw EUR, it's possible to do.
Consider the fact of high fees to deposit and withdraw fiat currency or send eth/ bitcoin from an exchange to another, the last thing which may be the most important; how long it takes to be confirmed, due to cryptocurrencies price can rise or fall within few minutes.


Nb: Beware of copycat website of Chipmixer. Make sure to visit https://chipmixer.com/ not "(dot)co"
Just click my signature.
Smiley
212  Bitcoin / Press / Re: [2017-12-14] United Bitcoin Hard Fork Aims to Steal Inactive Wallet Balances on: December 26, 2017, 05:16:02 AM
i think the recent events (the 10-15 hard forks of bitcoin) have proven that you can do anything you want with bitcoin. "stealing inactive balances" requires a hard fork and doing that will create another altcoin similar to these 10-15 altcoins that started being created this month.

and it doesn't really matter anymore. it is not going to be "bitcoin". and the reason is simple. the notion of "inactive wallet balance" is ridiculous. it is simply thievery! no matter how pretty they are going to disguise it. it is like me coming into your home and take something out of your house and say since you are not using this item -that you paid for some day- i am going to take it away!

Indeed, there's no right for someone or in this case some people want to take another person's bitcoin just because it's not active right now. It's simply against the basic principle of bitcoin, people are free to manage their own bitcoin, be your own bank.
How about some addresses that meant to be long-term savings? there are a lot of such address.
Well, this hard fork will not work at all, just create another altcoin but can't be implemented on current bitcoin nodes at all.
213  Economy / Speculation / Re: Don’t be impulsive! Buy and Hold Bitcoin until 2020! on: December 25, 2017, 11:59:31 PM
Not just holding but spend it if you can as bitcoin meant to be an alternative currency, as a medium of payment, so it's not so appropriate just hold it, even though it's hard to spend it directly to the merchants due to limited acceptance of bitcoin and transaction problem like high fee. But there are some countries and some cities which adopt bitcoin payment such as in Japan and Europe.
If there are none of the merchants that accept bitcoin payment nearby, holding bitcoin is inevitable, it's better than trading butcoin for fiat currency or altcoins imo.


Nb: Beware of copycat website of Chipmixer. Make sure to visit https://chipmixer.com/ not "(dot)co"
Just click my signature. Smiley
214  Economy / Economics / Re: Black friday crypto correction on: December 25, 2017, 03:25:25 PM
The best buy? Bitcoin is the best if it's get corrected, seems like $11K-$12K is the lowest price recently.
There are some altcoins which indicate will increase as well such as ripple, stellar, Iota, byteball, or monero.
Altcoins get pumped because bitcoin is facing an old, unresolved scale problems. If bitcoin network can be recovered, altcoins will be corrected obviously, especially some coins such as Dash, ethereum and litecoin.
215  Economy / Service Announcements / Re: [ANN] ChipMixer - mixing reinvented on: December 25, 2017, 12:40:48 PM
Fake ChipMixer google ad is still online.
it seems we don't have enough people filing reports or google decided to ignore and keep making money off ads.
if I file multiple reports (my IP dynamics) would it make any different? am I going to get in trouble from google?

I don't know but not everyone in Chipmixer campaign confirm have reported this scam site.
55 people is a lot, but not sure if it will be enough. I have reported this copycat website twice as well.
Maybe someone here have a contact info of someone who works in Google corp? Cheesy
Or we have to add a warning in every post, like; Beware of the copycat website of chipmixer, make sure you visit Chipmixer.com not "co" something like that.
216  Bitcoin / Press / Re: [2017-12-22] Markets Update: Major Crypto Markets Dump in Unison on: December 23, 2017, 05:04:09 PM
I also hope that bitcoin is on the road to recovery but I'm not sure. It seems to me that the whole cryptocurrency market is dragging on the bottom of bitcoin. Transaction fees bitcoin is very high. This leads to the fact that bitcoin will leave small investors. Whales earn their money on speculation. They will not take money from each other. They, too, will leave bitcoin if the situation does not change.

Whales in cryptocurrency are miners and exchanges, maybe some investors which we don't know about them.
Will they leave bitcoin? I don't think so, it's a long-term investment, not a magic that happens in a single night, even miners in China have spent Miliions-Trillions of dollars to build their mining farm, it may take 20-30 years to reach ROI, but maybe faster if bitcoin price increases significantly every year. Bch is one of the project from Chinese miners, right? That's why the politics of the mining business tend to let bitcoin users suffer under the high fees in order to get more profits.
217  Bitcoin / Bitcoin Discussion / Re: Belarus President Signed A Decree That Legalizes Mining And Cryptocurrencies on: December 23, 2017, 04:02:34 PM
This decree will totally encourage people and financial industry in Belarus moving towards cryptocurrency and blockchain.
I have read it will be tax-free for 5 years, legalized cryptocurrencies, ICO, smart-contracts, crypto transactions and mining, seems like anything relates to cryptocurrency already has the green light, good to go, as long as it's still in a legal matter.
President Alexander Lukashenko explained the main goal of legalizing crypto transactions to create a suitable environment to attract attention from global IT companies to develop their business in Belarus. If you think twice about it, most people are willing to open their representative offices in Belarus which even better than Japan.
218  Economy / Service Discussion / Re: Coinmarketcap Telegram Bot on: December 23, 2017, 12:44:14 PM
According to your requests we've updated the work of the bot:
1. Now, when creating a notification, top 10 coins according to coinmarketcap.com are available for fast choice. The data are updated every day.
2. The option of single notification setting is added.  It works out only once and is deleted automatically.
3. Single notifications may be created for any currency in unlimited amount. Monitoring may be set for both increase and decrease of the price.
4. Single notifications differ from regular ones for your convenience.
5. Now you can see the division into two types of notifications - single and regular - in menu "My notifications".
Enjoy the usage and stay with us  Smiley

Note it.
Thanks for developing a useful tool based on coinmarketcap, as most people use this site to watch over cryptocurrencies prices.
I have been using 2 different telegram bots, but this is the best bot to be informed about every change in prices.
Have been added few coins and it's satisfying for a bot, usually just set regular notifications but after reading this, I would like to try single notification, have set one Smiley, no complaint at all.
219  Economy / Service Announcements / Re: [ANN] ChipMixer - mixing reinvented on: December 23, 2017, 09:31:40 AM
Seems 1 of the 4 addresses finally got the money. 3 remaining.

You won't lose the money obviously, it has nothing to do with Chipmixer as unconfirmed transactions based on the mempool.
Furthermore, the mixing is done even before you deposit bitcoin to Chipmixer and you will get the private keys after the transaction gets confirmed, for transactions less than BTC10, it just needs 1 confirmation.
A little bit confuses, you have sent bitcoin to Chipmixer but after 28 hours still unconfirmed.
Yes, there is a button to extend the session. But what about 1 of the 4 addresses? is it refers to 4 private keys or you have sent bitcoin 4 times to Chipmixer? Anyway, how is it going, is it done?
220  Bitcoin / Press / Re: [2017-12-19] Kuwait Prohibits Bitcoin on: December 23, 2017, 06:03:57 AM
It's an obvious thing as bitcoin recently become a speculative object and most people invest in bitcoin expecting profits in relatively short-term. But, as long as there is no any official regulations that prohibit bitcoin being used in a country, people still can trade bitcoin, look at the statement: Kuwait’s Ministry of Finance said that it does not recognize bitcoin and forbids its trading in the Kuwaiti financial institutions.

Financial institutions and banks cannot trade bitcoin, but people are free to do it. Unless banks don't want to affiliate with exchanges which caused people have to do peer-to-peer trading or OTC trading.
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