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My biggest regret is trusting some exchanges like Cryptsy and Mintpal.
Those are my only losses - coins stolen by exchanges, and I still think the exchanges are bitcoin's greatest point of vulnerability. Apart from that I have no regrets!
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Send a private message to yobit's bitcointalk account: https://bitcointalk.org/index.php?action=profile;u=406594They should get an email alert that a message has been sent and hopefully respond. A word of warning, Yobit's support is pretty bad because hardly any of them speak english. So use google translate and send your message in both english and russian. |
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Any company that is based on Ponzi and Pyramid schemes is always questionable. This Bitconnect is promising their investors of 40% a month increase on their investments. Again, quick rich and easy money schemes can struck questionable. Though bitconnect is publicly tradable altcoin. Here is the article regarding this :https://www.newsonlineincome.com/bitconnect/
I'm amazed people arn't shorting the life out of that coin... |
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I wonder if this is the reason for bitcoin's rise? People with money in the exchange are converting to bitcoin and transferring to their own wallet.
Or the exchanges are using their own funds to buy bitcoin and transfer to their own wallets, which they will cash in later on other foreign exchanges (or do an over the table deal to sell).
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Several reasons. First, if you want to buy the new Bitmain ASIC miners that were released a few weeks ago, you need bitcoincash, because they won't accept payment in any other coin.
Then the Bitpay CEO mentioned that he was considering adding bitcoincash to their payment options. If segwit2x doesn't happen, they'll go ahead, because they are fed-up of the high fees on bitcoin.
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The reason it is going up is because Bitpay have announced that they might be including bitcoincash as an option in their merchant services. Loads of retailers use bitpay, but usually the only option is bitcoin, no alts. So this is major stuff. Here is the source of the info: https://www.reddit.com/r/btc/comments/7976p9/bitpay_ceo_hints_at_possible_bitcoin_cash/BitPay CEO hints at possible Bitcoin Cash acceptance: "We do listen to our customers and for quite some time their number 1 complaint has been the high fees and slow confirmation times. We really don't like to pre-announce things though. Things move fast and plans can change at the last minute. " |
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What was Overstock again? if I could sell my activity tokens for approximately $1,000,000 it would be great, lol stocks are controlled by governments, they are centralized, what we need is Bitcoin, it doesn't care if I'm a low life beggar or not, it allows me to send and receive transactions with a low fee. even after Bitcoin price hits $40,000 the system will remain the same. they offer coins, can we exchange them for cash on centralized exchanges?
Overstock is an American competitor to Amazon. They sell bedding and stuff online. Back in 2013, they got excited about cryptocurrency and started allowing people to buy stuff with bitcoin (via bitpay). This year they added the ability to pay with some alts as well. Looks like they've decided to diversify and make their own coin - which people would presumably use to buy stuff on their website. |
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It might be. The reason it's moving up today is that Bitpay have indicated that they may make it available as an option.
Bitpay handle the payments for merchants like Overstock, and at the moment the only crypto enabled is bitcoin. But people are reluctant to use bitcoin because of the high fees (and because they want to hoard it). So for bitpay to survive they need to have a coin that people will actually use.
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In Spain you can now withdraw bitcoin from standard bank atms: https://www.coindesk.com/btcpoint-spanish-bank-network-bitcoin-atms/Bitcoin-to-cash withdrawals are now available at 10,000 additional bank ATMs in Spain.
The development is the result of agreements between BTCPoint, major national bank Banc Sabadell and Hal-Cash that will see the bitcoin service integrating with Banc Sabadell, Banco Popular, Abanca and EVO Bank units.
"Once you send your bitcoin to our address, you’ll receive a text message with a code and with that code you can go to any ATM and receive cash right away," co-founder and COO Alex Lopera explained, adding that customers don't need to have a credit card or account with the banks in order to receive cash.
Though similar to a service offered by Bit2Me, BTCPoint is launching with zero commission. Bit2Me charges a 1% commission per transaction.
The move marks a shift in strategy for BTCPoint, which also manufactures two-way bitcoin ATMs, a process that Lopera described as "painful". BTCPoint has produced roughly 10 units in total. |
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Kraken's trading engine is buggy and slow. They're a great exchange if you want to deposit and withdraw using SEPA. But when it comes to trading, expect the site to go down when there are big moves and everyone is logging in.
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Dogecoin is quite popular among users, because of fast transactions. Plus Doge is also popular in Dice sites too. In future it can loose some positions due to ETH, and may be Monero, so of course Doge investment can be very risky right now. Shortly Doge future can depend from other crypto, like ETH. ETH is TOP 2 coin from all crypto, including Bitcoin.
Yes - doge is still around because people are actually using it. It's also relatively cheap right now and looks like it's gearing up for a rise. |
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it is because of price rise! when it is rising, bitcoin mining becomes more and more profitable every day to a point where it is super profitable  if you look at the difficulty chart for the past 9 months for example ( https://bitcoinwisdom.com/bitcoin/difficulty) you can see that it has had jumps like this in the past. i don't know the percentages (too lazy to calculate) but the size of the vertical red line is nearly the same in mid September and now. there have also been other jumps which were considerable. i remember reading they released a new ASIC miner last month but i can no find it in the news. so if anyone has more information, he can add it here. but if i am true, that can be one of the reasons for this jump. This. Also, this might be segwit2x related. Make the hashrate surge. Then switch to BCH, allow the time between blocks on bitcoin to lengthen, causing backlogs, in order to push for segwit2x as a solution. |
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https://qz.com/1111751/bitcoin-btc-price-dean-of-valuation-says-it-cant-be-valued/The New York University professor known as the “dean of valuations” for his expertise in assigning a value to various assets is stymied by bitcoin. “It cannot be valued,” wrote Aswath Damodaran on his blog yesterday.
Here’s how Damodaran gets to that conclusion. First, he says, prospective bitcoin buyers must decide whether it is one of the following:
Asset: Something that generates cash flows, such as bonds, stocks, or options. Cash flows can be used to derive a fundamental value for that asset.
Commodity: Something that is used as a raw material, such as oil, coal, or gold. Its utility as a raw material is used to derive a value.
Currency: A medium of exchange that does not generate cash flows. As a result, it can’t be valued.
Collectible: Something with aesthetic value but no cash flows, and no function as a medium of exchange. Examples are baseball cards, or a painting. As a result, it can’t be valued.
Damodaran says bitcoin isn’t an asset, because it doesn’t generate cash flows; nor is it a commodity, because it’s not a raw material. So it’s either a currency or a collectible, and he comes down on the side of the former, because it fulfils the three characteristics of money.
Although currencies and collectibles can’t be valued, they can be priced, Damodaran says. Whereas valuing something depends on analysis of cash flows, growth prospects, and risk, pricing something depends on market psychology, news, and instinct.
Bitcoin’s long-term price will depend on whether it turns out to be one of three things, Damodaran argues: It could become a widely used, global, currency; a kind of digital gold favored by millennials; or a modern-day tulip bulb craze.
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There isn't that much merchant adoption. The combination of high fees and people hoarding their coins means that adoption has stalled for a few yars.
I think in the end bitcoin will be a store of value and an alt will be used for purchasing stuff.
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You can try GDAX (owned by Coinbase) or Gemini (owned by teh Winklevoss twins).
GDAX has more liquidity than Gemini
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In many aspects BCC is the new BTC
What You Get with BCC:
✓Fast Transactions
✓Safety and Security
✓Low Fees
Isnt it what BTC was suppose to provide ?
Pretty much. Also there is significant support for BCH in that Bitmain will only sell it's ASICs for bitcoincash, which means all buyers have to buy BCH in order to purchase. And Bitmain pretty much has a monopoly on ASICs. |
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Is this a chinese exchange ?
I think At this moment, chinese exchange is too risky for trade
It's a chinese exchange, and it also got hacked a few years ago, so was struggling. Am not sure there were many people still trading there. |
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why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)
Did you sell your bitcoin and get upset because you thought bitcoin will start to pull down but instead it rise again or you just wondering the roller coaster happening to bitcoin value? Well this movement at the moment is very normal for a certain trading in which we cant predict the every mind of all people that some are selling their bitcoin because maybe they need it for emergency use and some people are buying bitcoins because maybe they have found a huge capital to use for investment. You can consider the abnormalities of the trade if sudden huge drop will occur for at least a week but don't panic because you might regret it.  I sell half of my BTC when price 6,000$ and was thinking price will Down to 5,000$ after new fork BTG start (till yesterday this was right) Stay calm. It's just making a final attempt to try to get past $6000. If it fails, it will be back down to about $5000. |
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The inflation is actually the reason the coin has lasted so long!
Basically, if you want a deflationary coin, you would choose bitcoin.
The trouble with deflationary coins is that people hoard them - which is why bitcoin has turned into a speculative asset, but no-one is using it to buy things. So one of Satoshi's dreams - that bitcoin would replace the banking system, VISA, western union etc, has not come to pass, because people simply arn't using it as a currency.
However, they're happy to use doge, because it's inflationary. If you had $1000 of bitcoin and $1000 of dogecoin, and then came across say a nice car that you could only buy with cryptocurrency, then you'd use doge.
The inflationary aspect is also the reason people tip with doge rather than with bitcoin. You can tip small amounts without high fees, and people don't feel a psychic pain when they give it away.
It's for this reason I reckon that doge will actually the place of a currency, while bitcoin will be digital gold.
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