i say it was mostly plans to work up the market and make so many short term profits in the multiple dips they caused and a lot of profit from the big swings. the volume is clearly showing how much litecoin was moved around.

first of all is a good news hype, that always leads to a rise. and for a big altcoin such as litecoin that can mean a much bigger rise.
on top of that it is a real thing that is happening, it is not like a fake good news. it is a big step forward for a big coin like litecoin to implement Segregated Witness and eventually add lightning network. and that can increase the adoption even by a little bit.

i don't know about others but if i ever talk about diversifying, then i am talking about diversifying your "money" and that means for example investing in bitcoin and gold and some other stuff like real estate, stocks ,...

and besides the notion of "scam"coin is a bit weird to me! mostly because people have very different definitions of the word. to me all the altcoins are the same. they are there to be pump and dumped and if we are skilled enough, we can make profit from this scheme. but it is not an investment.

very interesting information. specially since it is a compilation of many different countries in your post. i would love to see some references for some of these countries since i have never heard anything about any of most of them to do anything about bitcoin before.
i think this can be somehow related to the effect of what Japanese did recently about their stance about bitcoin.

please explain how did you conclude this success of bots and also what exactly do you mean by negotiations. do you mean strategies and scripts they use?

if you are new to trading i don't suggest using any bots. first you need to learn more about trading and how it works then you should look for a bot. because in my personal opinion using a bot as a novice trader is mostly throwing your money away.

you don't know when you find a block no matter how big a miner you are, and mining pools share the reward between all those who connect to them. so doing what you say means sending a tx with high fee (high priority) and the next block which may or may not be mined by you will pick it up!
unless you don't broadcast it to the network in the first place and since it is not in the mempool then it is not doing anything, you just mined a tx and nobody knew about it until it was in a block. you can fill the blocks for no reason this way but i don't think it can affect the fees that much.

this doesn't change anything, as AngryDwarf said, you still have to pay a fee. although you can clean up dust by paying a much smaller fee and wait around for a long time until it confirms (or use viabtc ) and end up with only one Output and save up on some small amount of fee.

please visit the official litecoin website at https://litecoin.org/ and follow the links and instructions.

you can run a full node by downloading Litecoin Core. which means it will take up a longer time to sync and download the whole blockchain and will take up space on your HDD (not sure how big is the blockchain on LTC).

or you can use the SPV wallet called Electrum-LTC which is a lightweight wallet, only downloading blockchain headers which is a very small file. but you won't get the full verification.
bitcoin.stackexchange.com/questions/4649/what-is-an-spv-client
https://bitcoin.org/en/glossary/simplified-payment-verification


there is also wallets for cell phones.

well that is why i included the words "according to them", what other source did you expect! i am not an internal informer
right now all the information we have is coming from what THEY say on their blog and our own speculation. and what they say can be interpreted in both ways. but facts don't change.
- people are withdrawing bitcoin and other cryptocurrencies.
- in the past, any exchange that did an exit scam they did it with full money and bitcoin at hand. so far a couple of thousands of BTC have gone out of bitfinex. that doesn't seem like a good exit scam strategy to me!

and as i said in the last line, they are planning on offering an alternative fiat also withdrawal and everyone should take that opportunity if they had anything left.

p.s. the "bank problem" that bitfinex has, is also happening to other exchanges. follow the news about OKCoin and BTC-E

i believe the best way for you is to do it P2P, meaning to find someone else around you to sell bitcoin to and receive local fiat currency in return. you can use localbitcoins.com and it will suggest you some options. be careful not to get scammed though.

ok then, this is even better.
specially since Litecoin is on the rise and also bitcoin is on the rise these days, that would be like double profit.


I never liked any ICO. it is way too risky in my opinion.

what feeling? are you talking about the good feeling of making a successful trade? or the good feeling of making 12.5% profit over a very short period of time?
unless you have been gambling with the price and buying to make a bet and see if it goes up or not and then sell, i say you made a very good trade and made a good profit.

yes, you missed some profit but i repeat again you made 12.5% profit!
and it is still not too late to buy and sell at another 12.5% profit.

just do yourself a favor and stop using Yobit!
try many other exchanges that are far better than that place. you can try smaller exchanges if you like such as c-cex or cryptopia or bigger ones such as poloniex and bittrex. they all have a proper website, with a decent API and 2FA and a working support and there is not much shady stuff going on in any of them.

but as for your question. i think they changed some stuff about their website, which may be the cause of https going away! i checked it and for some reason it asks me to fill in a captcha to open the site!
and for the 2FA key you only have to contact support and hope they answer you in less than a week.

so is this an epidemic or what!
it seems like banks are targeting all the bitcoin exchanges, and they don't seem to be able to fix it for the time being.
do you think it is because of regulations, and the fact that they are not regulated? or is there more to this that meets the eye?

maybe this time, we start thinking more seriously about some better exchanges to use for trading bitcoin and other cryptocurrencies.

well according to them, they have enough assets to sell and pay all the existing customers in full. so the bankruptcy is even more unlikely to me. but if the bank doesn't solve it soon, these things won't get solved that easily or that fast. it can take months, at least 2 more months unless their bank stop messing around and solves the problem.

people should continue to withdraw and use that "one time fiat withdrawal" opportunity if bitfines allows them.

nothing strange. it may even be a start to signal it on bitcoin too. you know bitcoin and litecoin are different despite having so many similarities.

in any case this was a good news, the last 24 hours blocks show ~98% support for SegWit on litecoin.

it is always expected that a change happens when there is enough demand for it. a country adopting bitcoin like this in a massive scale doesn't happen just because a small group of people were using bitcoin. there surely must have been a large demand for it in Japan that led to this decision.

and i also say that this rally is partly because of Japan, i don't know about hos much it will go up though, there are too many things to consider. the block size FUD, the Bitfinex thing, any other new unpredictable thing positive or negative!

i have never used a POS coin myself but it is my understanding that the "reward" is not given to you just for having that coin in your wallet, you will have to be running the wallet as a full node and verify and  relay transactions in order to get that reward.
and running the wallet is not an easy or cheap thing to do both because of electricity and network traffic cost.

yeah obviously bitcoin!

Dash and Ethereum and Ripple, and Zcash are not so good at this point to keep your money in them. they are in a bubble and there is a good chance of bubble popping and price going down big time.
even if they rise the rise won't be as big to give any decent profit with altcoin pump standards at this point.
Monero is not such a bad choice but i can not see that rising more than this either. (at this point)
i am not watching Stratis and MAID right now so i can't say much about them.
POT is good but it recently was pumped, so again it is highly unlikely to see any pump for months.
Steem was also recently pumped but the pump wasn't as big as i hoped, so it may go up or it may stop there, again risky.
Lisk is good in my opinion since it has not been pumped yet (apart from a small rise) so it has a potential to get pumped. i also have invested in it.
my most investment these days is in litecoin though, it has been having magnificent swings making it good for short term trading but also risky.

the bold part is a very big mistake in my opinion. you should never hold altcoins for long term if you like your money.


there are random coins that are getting pumped daily, find them and make short term profit
example: BAY (97%) - SWT (129%) - DBG recently 100+% and now 33% today.

there is also a new coin called PIVX that i personally like and think has a good future.

it sometimes feel like people have forgotten what bitcoin is!

the words like "BU/ Segwit and dev roadblock." have no meaning when it comes to using bitcoin and the price and the bitcoin as an investment argument. all these are noise in the great scheme of things and when it comes down to the long term price rise. and we are already behind on the rise and we need some catching up to do.

lets go up to $1350 and test $1400 and then after the rise we will start the FUD about "BU/ Segwit and dev roadblock" and then then buy back cheap coins again at $1260.

it is always hard to find the balance between introducing bitcoin to someone new and misinforming them about bitcoin. for example the worst thing i have seen is usually about mining. i have hear it being described in the weirdest ways.
for me, i will always stick to simplicity, bitcoin is money and you don't need to create an account with a centralized authority like a bank or paypal website for example and you are in full control of your money and how you spend it.
if they ask me about technical stuff, even if know it and i could explain, i try not to. instead i asked them whether they know how an ATM machine works, if you don't know it down to all the details you don't need to do the same with bitcoin either.

so i am not alone... >facepalm<