i go with a % also. but it is all in the speculation! you do some analysis, for example it can be TA and also combined with the news you get from here and there and then see how much rising potential the thing you've invested in has. for example when you invest in an altcoin that has been at a fixed price for some time with a decent high volume (indicating accumulation) and you find a news that can cause a rise, you can easily aim for a 100% profit in a couple of days and sell there. another example is when you find an altcoin that is randomly getting pumped. or an altcoin that is big, like the top 10 coins, and see them rising, it is best to aim for a smaller % and dump there. for example it can be 5% to 15% it is also based on your strategy. some people prefer a much longer investment so they aim for bigger % and some do more of a short term, day trading kind of thing and they aim for a smaller %. **** and for bitcoin: i only buy and HODL  |
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we already have boards which are more appropriate for your topic: https://bitcointalk.org/index.php?board=51.0https://bitcointalk.org/index.php?board=76.0try moving your topic there, you'll get a more related attention rather than posting in the main board. and i am curious to know why the domain name 33bitcoin? i mean you are selling Antminers so a better domain name which was related to the product you are selling would have been much better. something like AntminerSeller would have been much better despite being long. |
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not much has changed, new altcoins replaced the old ones, the methods replaced the old methods, new newbies with fresh money replaced the old newbies who either went broke because they got dumped on or learned from their mistakes and re not dumping on others.
it was premining before now it is ICO. and it is actually a lot easier now, specially with Ethereum starting a new altcoin and linking it to that platform and enjoying the hype by just being near a hyped up market is there for them.
and the goal for launching any of them has always been the same: to make more money.
although to be fair there are many innovations in these altcoins too, but they never become big enough for their innovations to matter because they get crushed under a big coin that is being pumped and has a big marketcap
If there is innovation with each launch it seems a good thing but all as you said, are designed to make money. Most though are not making it. In your opinion how do ICOs make things easier or better for project owners, investors or miners versus a few years ago? I mean pros and cons if possible please. if you want my opinion, i say ICOs are all bad, and there is no reason for anyone to even want to invest in them. but not that many people share my view and some even say the developers deserve the money they get for the "development" they are doing! there is also another view that i also share which is saying if these developers believe in their project and think it is good, then they should invest in it themselves. it can be mining it or even buying it. and then improving the project means a bigger profit for them. and that is a big difference in my opinion. someone who got paid during ICO to do something in the future. or someone who is invested and making any money will depend on him doing some actual work. |
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when altcoins are similar to each other at code level (for example litecoin being the copy of bitcoin) specially in places that matter like how a private key is defined, then they all have the "sign a message feature" even if the wallet doesn't have that.
because signing a message is simply a cryptography signature that you make by having the private key as your key to sign and the message as the string to sign and then produce a base64 (if i am not mistaken) string.
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if your investment is big enough that warrants a more cautious approach then you have to move them out of the exchange wallet. you can even use the hardware wallet the comment above me suggested if you are willing to spend some money and if it supports the coin you want.
but if it is not really a big investment. (less than 1-2BTC) then the pain of the finding of a wallet, moving the funds and all that is not worth it in my opinion.
i am personally taking the short term risk of keeping the altcoins on the exchange wallet and then dumping it for bitcoin and withdrawing that to my secure BTC cold storage.
and yes i have lost money in Cryptsy but i will still prefer the way i am using.
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You should register on cex.io and you will see that selling btc price is much lower. For example, right now btc price in usd on cex.io is $2585, but if you want to sell btc inside this exchanger, the rate is $2392 for 1 btc...
you made me go an log in to my CEX.io account after a year or so  here is a screenshot of the market at https://cex.io/tradeyou can see that when you sell you sell to 2600ish price, so i guess you were looking in a wrong place that you saw $2392  |
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it is great, isn't it. specially these days. but it takes a lot out of you. i am mostly day trading altcoins, or generally joining the pumps and jumping out of the train before it reaches the destination. but that also takes a lot of time and has lots of stress. i usually give it up but the profit and my greed brings me back  Unfortunately it looks like the blockchain tech surge is finally reaching its peak. To be honest it was just empty speculation - you could have literally picked any coin in existence and held it for a couple weeks and you would have more than doubled your money. Even the most obscure shitcoins in existence have got pumped, all at the same times. Christ, the Internet is weird. Anyway, good luck OP. Don't get caught up with all the high gains - they can't last forever. And make sure that a lot of your profit is realised, in case something bad happens. It's a risky game you're playing. Just make sure it's based on skill rather than luck. actually i think the risk of what i am doing is less than investing and holding longer term. for that a lot of things can go wrong in altcoins. they are so susceptible to manipulation and big dumps by their whales. specially if a big news about bitcoin comes out. and when i say i am joining the pumps i mean i am going in only if it is early on in the pumping process not when it is all pumped and reached the highest possible. |
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not much has changed, new altcoins replaced the old ones, the methods replaced the old methods, new newbies with fresh money replaced the old newbies who either went broke because they got dumped on or learned from their mistakes and re not dumping on others.
it was premining before now it is ICO. and it is actually a lot easier now, specially with Ethereum starting a new altcoin and linking it to that platform and enjoying the hype by just being near a hyped up market is there for them.
and the goal for launching any of them has always been the same: to make more money.
although to be fair there are many innovations in these altcoins too, but they never become big enough for their innovations to matter because they get crushed under a big coin that is being pumped and has a big marketcap
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it is great, isn't it. specially these days. but it takes a lot out of you. i am mostly day trading altcoins, or generally joining the pumps and jumping out of the train before it reaches the destination. but that also takes a lot of time and has lots of stress. i usually give it up but the profit and my greed brings me back the alerts are good though. may i know what are you using? |
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the price rise seems to be pretty good unlike other altcoins, apart from the end of the March pump it is rising slowly over the course of 3 months which i liked. and the fact that it is already listed on bittrex sounds good enough for me to add it to my radar Could potentially get listed on Poloniex.
does this come from some news/chatter or just your speculation? |
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thanks to you now we have all learned that the meaning of "a cryptocurrency is becoming better" is "its price has gone up a lot and i made a lot of profit". i think we should inform the developers of all altcoins to stop trying to improve their altcoin now and start pumping it to make it "better"
and by your definition, you are right "ethereum is getting better". but also there are a lot of other altcoins that have been pretty much better than it!!!
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in my experience when you are explaining bitcoin to someone it is best to first stick to easy explanation, for example if someone asked what mining is, don't try to get into details (specially if like me you have a hard time explaining anything technical) just give a simple explanation.
and it is then a good idea to show the use cases of bitcoin. for example there are lots of services out there that will help you save up on a lot of money when purchasing things with bitcoin. introduce these sites to them.
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This is an interesting question. If you compare the Bitcoin chart to the GOOGL share price, they look totally different. Google looks more like a straight line and makes no sense on a log view.
On the other hand, the APPL chart does look like the Bitcoin chart - it has a few big booms and busts and looks a bit logarithmic. Why is that the case? I have no clue.
it actually isn't that much different. when the investment is great, these things grow fast > enter a bubble > bubble bursts > correction > rise again. these markets usually attract a certain number of investors. it is not like bitcoin from all around the world, each day fresh money coming in and be able to buy literary any amount. so on a smaller scale i believe we can consider them the same.   what i would like to see is their orderbooks. i believe that can be a very good comparison with bitcoin markets and their orderbook size. for example how much money does it take to buy these shares and cause a 5% rise. how much for -5% drop |
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most probably it will be a private fork. these giant companies aren't interested in something like ethereum but their own benefit. they will probably make a new platform based on ethereum's smart contract but without its bugs and bloat, and all its ICO and specially they will create something of their own disconnected from ethereum to eliminate all the pump and dump effects of it. it has always been like this. all of these giant corporates want profit and what they can 100% control. the same is true about bitcoin. people are just getting excited over nothing for example when a financial group talks about bitcoin and blockchain technology but in long term we see they made their own thing! it is the technology they want, not what it is attached to  |
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Because I think USDT is more stable than alt.
actually it isn't stable! USDT is an altcoin that people think is supposed to be worth 1 USD forever. so with that said, it is not really worth turniping your money into. just keep fiat (USD)! and i say people think that because the company issuing it is not even guaranteeing its price to be always 1 USD and in reality it actually drops hard whenever there is a problem. you can check out the price and see the drop to 0.9 USD a couple of times in the past. |
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no amount of white paper or documents can make an ICO investment valid or worth the risk. just take a look at what others are doing with hundreds of ICO and how they are hyping up their thing and mimic them. you only can get greedy newbies anyways so it doesn't make much difference. |
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it depends on a lot of different things. we can't give you a complete answer without seeing the transaction.
the most obvious thing is the fee. if it is extremely low. like 0 satoshi/byte to 50 then most probably the transactions won't confirm ever.
if it is low amount such as 100 to 200 there is a very small chance to get a confirmation if you are lucky. timing is unknown.
if it is high enough fees. such as ~300 then it will be confirmed less than an hour.
other thing is if the transactions are spending outputs that are confirmed themselves or not. spending an unconfirmed transaction may lead to you waiting forever until the first one is confirmed.
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I am in several exchanges and noticed a coin that I wanted to buy was in an exchange I'm not currently on. But the fee for sending BTC there is so high
believe it or not the withdrawal fees exchanges take is usually 20K-50K satoshi. you should check the withdrawal fees again and if they are taking anything bigger than this them move to another exchange. bittrex takes 20K. the transaction fees for bitcoin is also about 60K to 80K which really isn't that much for a trader in altcoin market which has making 5000% profit for the past month unless you are trading with 50K satoshi that I'm wondering if is this why some exchanges have different coins to buy and sell with? Like you can buy coins with LTC, Doge, Espers, etc.
these exchanges you saw such as cryptopia which have a lot of other base coins for their markets has been doing this for a very long time. so no that is not the reason. and besides when you trade you are doing it offchain and will finally end up in bitcoin in the end so the transaction fees don't matter Seems like it's time to do more business with alts. These BTC fees are very high for making small payments here and there.
nobody is stopping you |
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if you want to deposit fiat then you can't use poloniex, they only have altcoins listed and they are being traded with bitcoin (and a couple of other options but no fiat). i can only find https://btcmarkets.net/ which has AUD on coinmarketcap, http://coinmarketcap.com/exchanges/btc-markets/ you can search more yourself. but i think your best option for trading altcoins is to buy bitcoin and get into trading altcoin against bitcoin and keep the profit in bitcoin so that you can also make long term profit by holding bitcoin. |
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more than a year ago i was trading on cex.io and kept USD there and never withdraw fiat, i just deposited bitcoin and some altcoins, did some trades and finally withdrew my bitcoins out when they started adding their silly minimum trading amount. i never gave any documents!
i believe you can do this with many exchanges, as long as you don't want to deposit or withdraw fiat.
but the only place that won't ask for anything is btc-e.com
and remember that generally keeping anything on an exchange account is not safe.
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