Hi all, has anyone used new bittrex platform yet? What do you think about the new chart? It seems trading view addon doesn't working on the new chart, anyone knows more about it? Thanks.
If it's an extension then don't expect it to work immediately. Give it some time before they release an update that supports the new layout. I don't use Bittrex anymore after they disabled legacy accounts completely, but I do think that it looks a lot better from previously. I absolutely despised of the old design so I could be biased, but the new layout just seems so much more professional to me. Even though that is the case, they've still got tons of problems, support isn't that responsive, people have funds held up in their exchange, and especially as I've mentioned without a way to trade with even partial anonymity, I would not personally use it still. Huge risk of something going wrong and your funds being stuck inside for a long time. |
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I have read articles regarding bitcoin, blockchain technology, cryptocurrencies and i have been amazed of what bitcoin have achieve for the past couple of years and its popularity that extended globally. It have reached $19,000 at the last quarter of 2017 ( http://www.latimes.com/business/la-fi-bitcoin-20171207-story.html) and now swinging at $7,000 below. Yet, considering that the value of bitcoin is highly volatile its normal that its value fluctuates. Just recently, Bitcoin have proved wrong the former CEO of Mt. Gox (Mark Karpeles) one of the largest cryptocurrency exchange before, after he stated years ago that "Bitcoin may have trouble in evolving and keeping up". With respect to what Bitcoin has achieve nowadays behind negative articles, negative perceptions it actually proves that Bitcoin is really keeping up and is evolving (and will continue to evolve). https://www.investopedia.com/news/former-mt-gox-ceo-questions-bitcoins-evolution/Let me know your perceptions avid bitcoiners  Your ideas will be highly appreciated. If he means by keeping up with all the new tech in crypto, then bitcoin doesn't even need to. Bitcoin's value isn't even determined by how technologically advanced it is. If that's the case then other cryptos would have completely taken over by now, but that's not the case. The thing is, bitcoin does not overpromise about its capabilities. All it is is a currency for conducting payments over the internet without any intermediaries. Even if the software doesn't update at all, I doubt the prices will be affected much in even the next decade. Of course, that's not saying bitcoin will not take steps to evolve. It will continue to do so. Bitcoin's value is based on its adoption and trust, and it's a lot less speculative than other crypto because people actually use it for commerce. |
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What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read: 1. Bitcoin supply and increasing/decreasing demand 2. Bitcoin in news: Influence of media on garnering negative and positive publicity 3.Bitcoin users and developers influence the rise and fall of price. 4.New technological changes to Bitcoin For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894How about you? can you add more factor that can affect the price of the bitcoin? Comment below. Most short term price changes come where there is either really positive news or negative news. For example, you could have at one time a government saying that it will ban bitcoin exchanges, which would cause traders to panic sell. On the other hand, if there is some kind of cut in crypto taxes or legalization of crypto payments, price will be positive affected as well. One thing to note is that crypto related news is almost always overreacted to by traders, a lot of people take news at face value without considering if it actually matters. But long term price change is based more on level of adoption, inflation of fiat currency, and the cyclic nature of bitcoin's bull and bear markets. Adoption means more demand, and supply is almost at a constant. And if fiat inflates a lot, it would mean more people buy into BTC as a hedge. |
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I heard this site is now accepting payments thru cryptos and I was wondering if anyone ever tried it with them? They have some good stuff on sale and I wanted to know if anyone tried it using crypto? https://www.peddler.com/The site doesn't look like a cheap scam site that has been drawn up from an existing template. The reviews aren't bad, and domain wasn't registered this year. Overall I think the chance of this being a scam is pretty low. It's definitely not promising too much either. But that doesn't mean you shouldn't be careful in your first trade, try with a small purchase first before moving onto larger ones. I would have expected to come up with more hits with a google search with "peddler reviews" as the keyword, however. Jripper seems to be pretty knowledgeable, so if you see a good deal I'd say go for it. |
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I deposited my money on end January through Payeer (Order ID: FI1C89364F39527070F3CB784DF88D6AE4), but the fund was not added in Yobit and when I checked with Payeer, they said the fund goes through to Yobit. So I raise a support ticket to Yobit, but they have not reply to my support ticket for 3 months! They just keep quiet and scam my money!
Avoid Yobit! There are a lot better exchange to trade in crypto!
Not a surprise at all, because yobit is THE exchange to avoid right now. Payeer is also an exrtemely shady payment processor to go with because they can easily be shut down for money laundering charges, whether internationally or in the USA, just like Payza and LR did. Could you add some screenshots as proof of your yobit account and your payeer deposit, however? If the payeer transaction has indeed gone through, and the only thing holding you back at the moment is the unresponsive yobit support, then all you can do is wait. Payeer being Payeer isn't going to refund your deposit, and Yobit being Yobit isn't going to reply for a long time. I did use Yobit back in the days and deposited some funds with perfectmoney, it should show up instantly after you consent to the transaction. Not sure what's going on here. |
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Could you link me to where it has the wallet maintenance info?
I don't know if that's true, but if you had to check out an entirely different web page then that's absurd. I wasn't saying that you held full responsibility, I'm just saying that you could have avoided this if you looked more closely before depositing.
Sure: https://hitbtc.com/system-health So always check this before depositing etc. Still you will not get informed by the exchange when you register an account that it works this crappy way with them. Btw. the last column implying at some coins that there are actions taken is quite misleading: I've seen many like mine, on which labels like "investigating", "upgrading" etc. did not change for days. Regardless, they should still be able to refund you the deposit. But how long that takes you never know, it could take months before the wallet gets out of maintenance.
Yep, this damages the image of all cryptos. So I hope, they do better in the very near future or get blacklisted by the major coins so they might vanish with their destructive business model. Any losses incurred you just have to cop it. Hopefully it's not too much.
Thank you and no: It is not too much because I tried with a rather small amount to check if it works ok. Obviously it does not so I wanted to share this experience as a warning for others who might loose thousands this way. Great to hear that you didn't risk too much, and you did take the right steps by applying caution before you actually deposited any major amounts into the exchange. That should be something that everyone does to avoid major losses. Thanks for the link to systems health, by the way. Another possible scenario was, during the time of deposit the wallet was online that's why you were able to get the address and before your deposit arrives the wallet becomes in maintenance. I thought of this because hitbtc seems to give a note and aren't giving a deposit address when a wallet is in maintenance (see image below which I got from hitbtc):  I agree, it could be would happened. Or as OP stated, it could be that they only added this week recently. None of this is an excuse for ignoring support tickets, however. |
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Yes, centralization of exchanges is a huge problem for bitcoin right now.
I have no idea how decentralization of exchanges can occur effectively without the same fate as current decentralized exchanges which essentially have close to 0 volume, and very limited trading pairs(usually limited to native tokens, etc.). But as regulations tighten, either decentralized exchanges or P2P trading will start gaining relevance as centralized exchanges just don't work anymore with these tightened regulations.
But that's not the only thing BTC needs. I think what we should really see and need right now is a growth in the amount of merchants accepting bitcoin, so that BTC is not considered as just a speculative token.
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Great, it always is good to see new programs come up to educate people about bitcoin. I agree with your statement that it's more likely going to be about the economic aspects rather than the technical side of bitcoin. Still though, it will be extremely beneficial if they are able to give an unbiased assessment of the breakdown of a decentralized payment system, such like bitcoin, brings to the table. I'm not as pessimistic towards it as other people. Crypto is already starting to gain relevance, so it's not surprise at all for me that it's starting to rack up interest in the academia. These schools in particular are very reputable, and they're so strict with their admissions that it's hard to accuse them of simply cash grabbing. If people are interested as to what might be taught in such classes, Princeton has a free online course in Coursera. The syllabus is available for viewing, and I've seen some materials relating to the course floating (illegally?) around the internet. Yep. You don't need to take a full time course to become an expert at crypto or even start investing. But this university offering BTC just shows how BTC has started to go mainstream already. |
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Could you link me to where it has the wallet maintenance info?
I don't know if that's true, but if you had to check out an entirely different web page then that's absurd. I wasn't saying that you held full responsibility, I'm just saying that you could have avoided this if you looked more closely before depositing.
Regardless, they should still be able to refund you the deposit. But how long that takes you never know, it could take months before the wallet gets out of maintenance.
Any losses incurred you just have to cop it. Hopefully it's not too much.
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I've been waiting on a "Pending Approval" withdraw for 13 days now.
I've had a support ticket open for 13 days without a single reply.
Super frustrating. You would think with Circle buying Poloniex out, that Poloniex would start to suck a little less.
Fucking trash. Canceling my whole account once I receive my coins.
1. You should not be waiting 13 days for a reply from support. 2. Your money should not be held up because of "security concerns", especially for so long. 3. At least give an option where instant withdrawals are available, instead of it being "awaiting approval". When the Poloniex-Circle integration began in late February, together we faced a backlog of 159,000 customer issues. Over the past 6 weeks, we have resolved 76,000 of those issues and added 6 new agents to our support team. We have tripled the number of engineers working on our wallet infrastructure and streamlined the process for notifying engineering when technical support is needed. This is promising.... I'm REALLY just hoping I get this fucking deposit before next month. Well, it don't mean jackshit if your problem hasn't been resolved, and your problem arose when poloniex was already acquired by Circle. They should be focusing all of their manpower to resolving current issues before moving onto expanding into Asia or whatever. I understand they want to profit and whatnot, but they need to sort out existing problems. |
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Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?
Firstly, there is not a lot of hype around anymore compared to last year. That means that the price is unlikely to fluctuate upwards that much at all during the year of 2018. Also since we've already went down so much from the all time high, the room for downward movement is limited as well. Naturally, that would mean lower volatility. We've seen bitcoin just move sideways between the $6500-7500 range for the past 1-2 weeks, which is weird. But what I see is that there is strong support at $6500 yet strong resistance at $7500, which is creating this seemingly "stable" market. Overall fluctuation for bitcoin should naturally reduce as the markets mature, and adoption increase. |
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About a week ago i thought to give them a try and made a little test deposit. But not even this 1st step was working out: How I learned later, the coin was "in maintenance" and "deposits offline". Still HitBTC let me deposit and not even gave a warning about the offline status.
After the coins arrived at their given address they moved them away to another address very soon. When I opened a support ticket about this issue they came back with standard text. After requesting an update some days later, they did not respond but just closed the case. I reopened another one including all the info of the original one with the request to refund my payment and still get no answer for days now.
So even if they would do the refund eventually, it is me staying with the risk as I can not sell these coins in the meantime. So I can only warn everybody to use this exchange.
If a coin is in maintenance they shouldn't even let you have the deposit address. Why would they give you a deposit address if their wallet was offline? Though of course, you had some responsibility in not checking closely before you deposited as well. Also, why were the coins moved if the wallet was supposedly "offline for maintenance"? I'm not sure about that. Also it's definitely not good the way they ignore to support messages and even close tickets without resolving them. HitBTC has had a pretty shady past, hence its negative ratings on bitcointalk. There are people who complain of their accounts getting 'hacked' and random trades being placed constantly. Also, you can pay to get your coins listed for a certain amount of time with levels of marketing IIRC which means that they probably don't care about customer experience at all. All about getting the money from ICOs. |
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As a newbie i am so hype knowing that Bitcoin will go up again, like last year? Who knows? maybe next moth  There is a possibility for bitcoin to take a small break in this not so bullish market, and go on a small rally. That is definitely possible. In fact we saw a recent pump that took bitcoin up to $7.5k or so before dropping back down to under $7k. That to me shows how strong resistance is above $8k, and without a good amount of bulls for support, it'll be hard to initiate a price hike on a large scale any time soon. It can happen but I wouldn't bet on it for sure. Bitcoin will steadily climb up after it reaches consolidates fully and finds its bottom. Don't think we're at that level yet. All pumps before that will be hard to sustain. |
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Hi I'm sort of new to the whole Bitcoin world and I was just wondering if I could get opinions on these two platforms: Coinbase and Paxful? After asking a bunch of my friends, these are the two I'd hear the most. So I figured I'd search the web for the pros and cons of both? Any suggestions?
This is what I summarized: Pros of paxful: Convenient, no identification for buying bitcoin from most offers, variety of payment methods, low chance of getting scammed Cons of paxful: High rates for buying, high risk of chargeback when selling. Pros of coinbase: Better per dollar rate than Paxful, no risk of chargebacks Cons of coinbase: Needs identification, some countries are restricted It honestly depends on what you want. If you have gift cards and want BTC, then use Paxful. If you've got paypal, use coinbase. |
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For me, I don't like Paxful as much as Localbitcoins. It's nothing against their platform, I haven't heard of any untrustworthy business dealings that were conducted by them. It's about the quality of the traders there, and compared to Localbitcoins it's just inferior.
The risk of trading on Paxful is just too great. If you are buying bitcoin, you're going to be charged a ton of mark up. If you are selling bitcoin, you have an extremely high risk of dealing with someone fraudulent.
Localbitcoins generally has a lot more trustworthy traders, and rates are better as well for bank transfer etc. and has more volume.
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You indeed cannot see any trust ratings as a guest. When you deal with someone on the forum, you should always register first to see their trust rating. That should be common knowledge, in my opinion. I'd definitely like to see guests be able to see the DT2 trust ratings as well. The person who scammed you is probably a professional scammer just waiting for victims to pay him as his only source of income. I truly doubt you'll be able to get any sum of money back from this. Any self moderated thread selling digital goods should be treated with extreme caution. |
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I will wait for that time to arrive, because I believe the bitcoin price by the end of 2018 will soar.
I will keep the spirit to collect coins for my future.
although this month, bitcoin prices are worse than December of 2017, but I still believe it.
Can not be denied, the growth of Bitcoin value in 2017 is arguably fantastic. However, this criticism of cryptocurrency is analogous to a 'bubble' (because it continues to fly high but can 'erupt' anytime)
The year 2017 seems to be the period of proof for Bitcoin as the most calculated cryptocurrency. One climax occurs when the digital currency recorded a record high with the value (USD 19,796) on December 17 last.
Experts also predict that with these achievements, Bitcoin has the potential to record a much higher value next year.
"Bitcoin can reach (USD 60,000) by December 2018," said Mike Dumont, Senior Editor of Bitcoin.com
The most that BTC price is going to do by the end of the year is recover to 5 digits, in my honest opinion. I wouldn't be so easily optimistic this year, because we are clearly still correcting after 2017's price hike. Another all time high will come within 5 years I would say, but it's definitely not going to be by the end of this year. Just because some expert said this doesn't mean this is guaranteed to happen. I just don't see a way that BTC can rise by 10 fold from now to the end of the year. But long term bitcoin prices are a completely different story. |
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See: There Is No Escaping History. Fiat Currency Eventually Fails. Notice that this is a critique of fiat money -- not a critique of state-issued money under a gold/silver or other standard. Fiat money is a rare occurrence in modern history. (We live in strange times!) As we can see, the examples found by the author are a small number of short periods here and there. I have my own critique of gold/silver standards, but that's another issue. Fiat currencies never lasts, you don't see fiat from even just 100 years ago ending up still in circulation with the same value. A lot of people blindly trust in the government and their ability to maintain the value of their fiat currency. The fact is that it never happens. Fiat currency always depreciates in value over time without any exception because of the fact that governments can do whatever they want to issue more of it. Investing some of your portfolio into BTC/other inflation hedges is the way to go imo for the long run. Get as much money out of fiat as you can, while you can. |
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I stumbled upon minefarmbuy.com. Anyone with experience in purchasing through them? Seems reasonable enough, but I've never done a group buy before.
I would not use them because they don't have any reputation. And since you are sending first to this company with an irreversible payment method, if anything goes wrong then there is absolutely no way to recover your funds. Do not buy mining equipment from random sites that you find, no matter how good the pricing may be. There have been multiple scam sites in the past all selling miners that resulted in people getting scammed, which is the reason why I'm warning against this site. @minefarmbuy, use a escrow if you want to seem legit in your business dealings. |
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Isn't ethconnect a ripoff version of bitconnect? And bitconnect has already collapsed. Lending platforms are just ponzi schemes in the name of cryptocurrencies. Somebody must be extremely dumb to invest in this coin. Ethconnect is just an outright scam, they're not even trying to pay out any funds to early investors. Impossible to withdraw funds once theyre paid in. How they are able to run this scam for so long is beyond me. DO NOT USE!!!!
Again, it's just people's stupidity. If nobody invests in it, then they would have long gone out of business. Good advice. |
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