I just tried something i have read here in this topic to give a shoot just 1 2 times and yea i was lucky i bet 0.02 and won 0.02 and make a withdraw but i dont think i am gonna do that very often ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If you really made profit of 0.02 from same amount than it is a clever move you did by withdrawing your profit. But mostly people will end up continue gambling until the lose all there money. But as you said, this game is purely luck based and we may not repeat same results if we gambling again. but remember that this does not prove anything about the method used. because for a gambling method to be effective, it has to work consistently. which means if anybody uses it and for "a long time" it should have the same resutls
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Considering to buy, you can buy it through localbitcoins site. It has got good trading network along with trust rate which makes your buying easy. Also for storing Blockchain is good than other wallets.
Using blockchain is not safe. Keeping bitcoins in online third party services is not safe. Yes your buying option is good. You can use offline wallets like Ethereum to increase the safety of your bitcoins. Also hardware wallets are a really good options if you need use of coins. It allows you to be protected even if used on a compromised computer on most. Such as Trezor it is really a great tool. I still see future where more and more use hardware wallets. yes, trezor is good but it also is expensive. so it makes it not for everybody. people like me who are just planning on holding their bitcoin in a cold storage, add to it from time to time and also have the option to sell if the price went up should use other offline wallets especially if you don't have like 1000 BTC
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You are welcome to dump all your coins. I hope the price can be much lower so that I can buy a lot.
Things may/May Not be true , for those who bought Bitcoins at 222$ , it is a good time but for those who love bitcoin and the concept of P2P money they should keep on buying , may be in Future bitcoin will be much valuable than Life. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) , though saying this is a bit contradictory but yes it can be! I will keep on buying bitcoin whenever I habe spare cash. I expect the price to rise quite a lot in the near future. You are right and it will go to a high amount soon or later, it can even go to a high amount this year. Due to the halving the bitcoin can go to a really high amount this year, you just should have patience for it. I do not think this is smart indeed, the point of selling bitcoins is in most cases to make profit right so I think you should wait. The halving is coming so its good to wait for it so you can make a lot more profit than you will do now if you bought them in the past. it depends on your plans with bitcoin. if you believe in the future of bitcoin then you should keep on holding your coins for at least a couple of years to see the real rise. but if you are just trading bitcoin for the moment you buy and sell bitcoin everyday with each rise and fall in order to make more money. besides you don't have to be one of those guys, you can be both. hold for the future and trade each day to add to your holdings.
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there is no easy way to earn profit from bitcoin. if you are looking for a place (website) to give your bitcoin to and then sit back and receive the profit each month then i have to tell you there is no such place. and if there is they are trying to scam you.
you have to work with your bitcoin on your own like trading, lending, .... or give it to a friend that you know and trust and he/she does that for you and share the profit.
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I'm wondering if this is money laundering.
Alice has dirty bitcoins that can link him to illegal activity.
Bob is a miner.
Bob keeps adding the TX to the blocks he is trying to solve. As soon as he solves the block, he notifies Alice so the TX goes to the network and Bob releases the block.
It looks like Bob got the TX from the network. But the dirty coins are destroyed.
Bob then sends Alice the equivalent value (less a fee) using existing coins or using the coins from the block reward to several addresses controlled by Alice.
Now both Alice and Bob are cleared of any scrutiny and the laundering is complete.
hmm, that is an interesting theory but the block was mined by F2Pool i think it was more possible if the block was mined with one of the unknown (other) miners. F2Pool doesn't receive all the fees it is a pool and has to divide the fee to whoever is connected to their pool. besides this all looks like a lot of work to launder money and expensive too. there are easier ways.
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nothing strange is going on here. your bitcoin balance is not 12.71BTC i don't see the rest of the transactions but i assume it must be around 10BTC it is simply because an unconfirmed transaction is not your bitcoin yet, it can get double spent or drop out of memepool if it takes too long.
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I have made many trades, most were smaller amounts, this is my largest one yet. I just want to know why it takes so long? doesnt make sense to me. https://i.imgur.com/oY08pzB.pngbecause you placed a buy order lower than the market price so somebody has to sell their ETH at 0.01849940 BTC in order to fill your order. and since they price has gone up (~0.02 BTC) nobody is going to sell it at that price. if you want to buy immediately look at the sell orderbook and buy from those.
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This sounds impossible. The price isn't halfway then how can it double in just 1 month. We should be happy if we reach it to 500.
if bitcoin stays on the current path, yes it is going to take longer than that to reach $1000 but you will never know when the jump is going to start it can start with a news and reach $1000 in a month. it is not unheard of.
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I have some coins in crypsty. Is there a bitcointalk thread to watch for any news? I have some alt coins that are just sitting there, that were not stolen from the site
cryptsy also has a blog that they have been updating with the news about the hack and what they are going to do here blog.cryptsy.com but i don't see any news for a long time, they were supposed to open some wallets but nothing so far.
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The price is going up because bitcoin is deflationary and fiat is always hyper-inflationary. It is always a good time to buy, if you have fiat. You're better off storing your wealth in BTC than in fiat, that is for sure.
Yeah, its always better to save your fiat into bitcoins, as the price would be higher in future where you can multiply your wealth by selling your bitcoins at a right time. it is not always good to save fiat in bitcoin. don't get me wrong, i think bitcoin is an awesome investment but it is a very risky one too. so investment in bitcoin should be done wisely with an amount which you feel safe with.
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why do people make these mistakes. cause this is not the first time nor the highest i have seen ~100BTC fee too, and there is no way someone makes this mistake while using a bitcoin wallet with an interface!
are they doing it by hand, like a code they edited to sign TX like in bot?!
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Can you briefly explain the same thing with huge spread in price?
for example if the bitcoin price on exchangers are $420 at the moment, they will sell bitcoin at more than $430 and they will only sell bitcoin at $410 which makes a $20 difference. although this $20 varies from time to time and person to person What country are you located in where the bank transfer has no charge back.
maybe the method is called something else in English. anyways for charge back you will have to go through the bank by going to a branch an officially ask for it with a complicated process.
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this is a common method a lot of traders are using. if i am not mistaken, all the localbitcoins.com traders are doing the same thing with the huge spread in price.
but my experience i saw a lot of users that are buying/selling bitcoin locally (in my country) for bank transfer (it has no charge back) and with lower/higher prices respectively to earn profit.
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Hello guys ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) i want to ask you guys something . Will bitcoin survive this year? Because the rates of btc are goin down and down you should get worried and then ask this question if the bitcoin price had went down to like $370 and not from $430 to $420 this is just the market swings which is pretty normal and a good place to buy bitcoin at lower price before it goes back up again.
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Since a few days, Bitcoin Core 0.12.0 is available. Also since a few days, transactions take much longer to be confirmed. The new Bitcoin Core has a much higher recommended fee. I think this is the cause of the delays: if you don't join the higher fee, you lose priority. I just saw this block being mined: 25 BTC block-reward, and 4.67004169 BTC fees. That is 2000 dollar or almost 20% of the block reward! Are miners using the limited block size to force users to pay much more, so the halving will hurt them less?I know this block had much more fees than average, which is why I picked this one to demonstrate. I could be wrong, but I don't think miners are deliberately doing anything about the halving in your example - they have always been free to include 0, or hundreds of TX's in a block. It's just another mined block, except this one has more TX's than most - This is of course, a good thing - it means more tx's got confirmed faster, and the miners made more $/bitcoin. The more tx's in a block the better, IMO, both for the users, the miners, and the network, regardless of any mandatory fee size changes. Disclaimer: I'm not a miner. i agree, i don't think this situation with the unconfirmed transactions and the higher fee requirements is not on purpose. it has happened before, it is simply because of the massive transactions and limitation of block size to 1mb right now.
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new cloud mining [ investment ] websites are coming
they usually are not legitimate businesses and 99% of the time these new (or even the old ones) that you see around are just Ponzi schemes trying to scam people by releasing some fake data about their program. does any company can mine like this ?
theoretically they can mine this way, you know like gathering investment then buying hash power or mining equipment and sharing the profit with the investors. but in order to profit they need good portion of hash power and cheap electricity.
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i personally will never trust anybody else. maybe it is me being too paranoid but but i have always been this way. also things are not so black and white, trust or not trust at all. it is the matter of trusting degre.for example i will not trust anybody no matter how his reputation is with a large amount of money (like >3BTC) but for smaller amounts like 0.5BTC there is still room for trusting somebody who you can see his history and reputation.
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The price of Bitcoin goes up over time. The current situation is placing severe downward force on the price of bitcoin yet the price is not decreasing. What we have here is effectively a giant spring storing energy against that pressure. Once the attack stops and the mempool clears, that energy will be released and the price takeoff like a rocket TO THE MOON!
BUY BUY BUY
exactly. the history (the recent history) has shown that market wants to push bitcoin price up no matter what happens, it keeps on going up. the block size debate, the Hearn drama, all the FUD, and a lot more has happened but price only went down a little for short while and the continued its upward movement.
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The best reasons are: No physical currency involve!
there is so much more than that to bitcoin. like anonymity, fast transaction, cheapest way to transfer money no matter what the amount is,... besides i think sometimes the physical form of money is a good thing especially for older generation who are more comfortable with something they can touch when it comes to money.
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Holding the bitcoins could be a potential way to get rich just if the Bitcoin's price get the highest level in short amount of time, otherwise you can earn some profit but i don't think that's will help you to get rich
yeah hold bitcoin could be a potential way to get rich, For example if we go back when the price of bitcoin $1 and sell at a price of $1000 and this was unimaginable. and I believe it to buy and hold at current prices, perhaps a few years bitcoin prices could touch $5000 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) holding bitcoin for long time can be a game which have 50-50% Chance to win or loss.may be you hold btc for long time and after 3-8years btc price is down so in this way you got rich? lol.....so holding bitcoin is profitable with 50% risk. nah, the chances are not even close to 50-50 chance. there is a lot of factors affecting bitcoin price which makes the chance of going up or down variable every day. for example this year the chance of price going up is much higher that it going down. but there is still some chance of reverse action for example because of block size.
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