Hello, everyone! Im totally new at this forum. My friend successfully trades on the cryptocurrency market in 7 months. He uses several popular platforms. Tell me which platforms are the most secure at the moment. I want to deposit 500 $. I want to divide this sum into 3-5 parts, that would increase the chance to earn and try different services. Thank you in advance for your cooperation  The amounts involved here are pretty low for exchanges. It honestly will depend on what you are looking for. If you are trading fiat and crypto then my recommendation would be localbitcoins or paxful. You are able to buy/sell without identification and if you are the advertiser, you are able to take advantage of the premium in your favor. If you just want a fast crypto to crypto exchange that has a lot of trading pairs with moderate fees and with no identification, then I would go with Binance. Just make sure that you do not store any amount of coin on exchanges, since you never know what's going to happen to them or if their policy regarding identification changes over time. |
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Don't know if that is true, but it's definitely a scam site to me. Their website claims this: Invest with no risk
We are welcome everyone who willing to make safe investments. Our stock exchange is solely for established high-performance web sites which have high growth potential and correspond with our strict listing requirements. All our issuers have obligation to pay dividends for first year regardless their financial situation that your investments are 100% secured. You can calculate your profit from a share using our calculator: Any site/investment scheme that mentions you can make a profit there without risk, is a scam. They apparently guarantee you 200% ROI in one month according to their dividend calculator, which is absurd. All of their sites are fictional. Even if they are legit, which they are not, they are operating as a stock exchange without any licenses. I would avoid. |
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I think that you are spot on to why crypto is such a good investment.
First obviously you know that it is something that no central bank is able to control, but yet its supply is completely self controlled. Plus, since it is decentralized, these are all traits of a good hedge against inflation in my opinion.
So instead of 'investing'(or rather, wasting) your money by putting it under a mattress or depositing it to the bank, I'd honestly just hold onto some crypto so that the money that I worked for does not dissipate due to inflation.
Also, crypto is easily accessible by people. Way easier than stocks, government bonds, or even gold and silver. That's why its potential is limitless, and imo why investing in it is worth it.
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kinda strange when investing in a volitile market. you can spend 10,000 $ into the market in january and come out less. than what a person invested in april with 10,000 $.
Both matters. Timing in a volatile market probably matters just as much as the amount you invest, though. Thing is with prices falling in this bear market, you need to time your entry point extremely well if you want to maximize your profit. And sometimes it can be a difference of several times, and the profit/losses can add up pretty quickly. If you invest a lot at the start of a fall only to panic sell later, that does no good either. In fact that's even worse than investing nothing as it ends up being a losing trade for you. If you want to invest a big amount right now, make sure that you are completely mentally prepared to hold for the long term until you make a profit. Otherwise, buy small amounts at a time and average out your entry price that way since markets can be completely unpredictable sometimes. |
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As i see now, we wil get a up trend (7K+ is possible) , until
Saturday late than the down trend will be start and Sunday can be the day with the lowst buy option. i exect sunday
evening we will get a new up trend again!
Nice weekend!
BREAKOUT COMING OVER THE LINE 6836 ( bitfinex rate)!!
Doesn't look like that right now. The price is still below $6700 and testing the $6600 bottom that held up from the last dump. If that bottom holds up again this time and support proves to be strong, then I think there is a possibility that we will go over $7000 by the end of the week. That's probably not going to be happening though, and even if it happens, it's going to be a temporary uptrend and not anything that will actually turn out to be the start of a bull market or long lasting. I think we'll probably dip below $6500 per BTC, stay bearish for a few months and consolidate before the real recovery starts happening. |
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I'm sorry to hear of this withdrawal issue @bitcoin_stealer, but I'm glad that you did receive your funds.
If you would like me to look into this further, please drop me a PM with your email address or Cloudbet nickname (if different from oldteacup).
If you do have any further queries or concerns, please do not hesitate to contact me directly.
Many thanks
Peter @ Cloudbet
I'd like to hear a reason for why Cloudbet bans US IPs from playing but they are still able to somehow register and deposit according to OP. To avoid trouble like this in the future, shouldn't you just ban US players completely from registering and depositing? Also, if OP consents, could the reason for taking so long to process a withdrawal be published publicly please. IMHO if you want to gain trust and be successful in this business, you should have clear guidelines of how withdrawals are handled so that people can expect the outcomes. Not vague stuff like withdrawals will be "typically" processed within 24h. State a clear maximum time frame and stick to it. Also based on the chat logs, support seem to have absolutely no idea when the withdrawal will hit either. The least Cloudbet could have done was tell him an ETA and a reason. Otherwise, there is no point of having a support there at all. |
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I'm about to receive 15k in Bitcoin.
I'm.looking to receive them into my Coinbase account and was wondering whether I can send and receive BTC on there without them wanting a scan of my ID, a request that is insane given the security risk.
Can I do that over Coinbase? Is there a better service, if Coinbase won't let me do it?
Thank you!
Usually you will be able to. However you don't know whether coinbase will take exception with your account and ask your for identification. If they suspect of anything, they can just say that and ask you for ID. And I would not risk it with this large of an amount if you aren't comfortable with providing identification to coinbase. Download a local desktop wallet instead of using a centralized hosted wallet. My recommendation for a wallet would be electrum above anyone else. Any online wallets whether they require ID or not may ask you for ID. There are no advantages to using coinbase solely for sending/receiving over electrum either. |
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Recently read the news that the volumes are growing at localbicoins in Canada and Europe. The news is really true, as I have checked this information through a special service.
What do you think? Is this a bull market signal or another trick?
This kind of small rally was expected to end pretty soon after it started. So I don't think that it's the major bull trap, even though the pull back was extremely quick and pretty big in scale as well with prices plunging under $7k today. The major bull trap that we saw was bitcoin hanging around $10k trying to break that $12k mark, and that started off the big dumps. There are virtually no signs for a start of a new bull market right now. Plus, it's only been 4 months and that's probably just not enough time for the bear market of the cycle to be over. Given the lagging trends and the blow-off top, I'm not expecting a bull market for quite some time. Given how long everything takes now, it's prudent to expect many months if not more than a year of consolidation. Longer, if this is 2014.
Precisely. 2014's recovery took 2 years and I expect this bear market to probably last anywhere between 10-24 months. But this is way too soon to say that we've reached rock bottom and are working back up again. We're not going to see a real bull market unless we find a bottom, and this is not the bottom just based on the timing alone. |
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Bitcoin fluctuates naturally like this, sometimes there is just no explanations as to why it happens. The bullishness that we've seen only lasted a short while which means that the bear market is still strong and we're not going to see that turn into a bull market any time in the first half of this year, in my opinion. It is indeed a roller coaster to be in this situation, but this is what happens in a bear market. Stuff like this happens when the bull run is over, especially when it is as big as 2017's. We are entering a buy zone here. Once price drops back down to $6k or less, I think it's time to start filling up bags again. But most importantly, do not panic sell in this situation. There is literally no point selling this low, unless you need the money for an urgent purchase/emergency. |
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BTC has been rallying since the bottom at $6,600 is confirmed. Now that price has moved to above $7,300 with strong expansion in volumes, we may say that an effective counterattack has been initiated, making it mostly likely for bulls to challenge the resistance at $7,700 in the short term as price holds great chances to continue moving upwards. If you take a close look at how price moves on daily chart you will find that a minor floor will be formed during a certain period, besides, price will continue dipping after rallying to the resistance provided by last floor whether rally receives support from volumes or not.  That’s the reason why I believe $7,700 will be the ceiling after price has been forming another floor in the past 4 sessions, now it’s easier to tell how BTC will move in the short term. We believe price will correct higher to $7,700 to $8,000, selling on surges is recommended if the overall trend remains intact. We may also say that bounces are the root cause for lengthening bear circle as price will continue dipping after every rally during overall downtrend. Original by Kuang Ren, translated by AICoin Jami. That has been a pretty accurate prediction. Bitcoin's ceiling is indeed just under $8000 for now. The price didn't actually reach $7700 but rather had some resistance at $7400 that stopped it from going up. After that there was essentially a flash crash that took it down under $7000 again. Well said in the article, selling on any price surges for the moment is definitely the go-to strategy if you are a day trader. If you're a long term holder, don't let these short term price movements bother you. We may see another attempt at breaking the $7000 barrier today or tomorrow, but if it doesn't happen by tomorrow I think we may see some further decreases in price before finally hitting the bottom. |
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look at this, cloudbet promised 24 hours for withdrawal
--snip--
Note that they say typically. This is usually done so that they can't be accused of sending withdrawals late. You can't cite that section of their site to them either as they will just respond with that your withdrawal isn't a "typical" one. anyway, I got my withdrawal.  a total of 124 hours of waiting. I will never deposit to cloudbet ever again. lesson learned! Nice to hear. Well, your country isn't supported anyways so there is no point using them. If you use a VPN to escape the country restrictions I think you'll just land yourself into even more trouble since they are quite strict with multiaccounting. Have you asked them why they have taken so long to process your withdrawal? They can't just do it without any sort of reasoning. |
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I see a move towards precious metals soon, after all its most recent bull market for precious metals have been in 2011, more than seven years ago when the bubble burst. After that it's been endless dumping and now we're seeing around $17/ounce.
It has actually hung around that level for a while now. I think it's finding a bottom there and is soon going to start a new trend.
Especially with all the money rushing into crypto last year, now that the prices have cooled down a lot, I can see a temporary shift from some crypto investors to gold/silver(especially silver since it is more easily accessible). So yeah, China is definitely not wrong in this regard, in fact they are probably encouraging their citizens to do the right thing imo. Probably trying to get as much precious metals into their economy as possible as well.
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Still no withdrawal to the address, it seems. Were you unable to place any bets on their site because of a blocked IP but they still allowed you to deposit? Regardless of whether a US IP is blocked or not, if they accepted a deposit from you that means they are obligated to pay you back. BTW, did you bet anything before requesting that withdrawal? There was a thread before where the OP wanted to withdraw from cloudbet without betting anything, perhaps it's the same issue with yours. 5 days for a simple withdrawal is not acceptable. Hopefully cloudbet is able to respond to this quickly. I am unable to place any bet at all. When cloudbet took my deposit the cloudbet platform automatically told me I have to withdrawal my bitcoin. Right. If that is the case then there is really no reason for them to hold up the withdrawal at all. They are the ones that are requesting you to withdraw your coins as soon as you deposited because betting is apparently disabled for your country's IP. Plus, your withdrawal shouldn't even need to be manually approved as its amount is not even that big(under 0.5 BTC). Although I'd like to ask, where did you see the promise of withdrawals being processed within 24 hours? I don't see it in their FAQ. Unfortunately CloudBet gotten progressively worse over the past year.
I would definitely say that Nitrogen is a better choice for now, and Cloudbet is very shady at best. I've had delayed withdrawals with them in the past, but usually they are processed within 1 hour and OP has been waiting for 100+ hours according to him. |
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Hello all, Today I saw this article 'Being cash-free puts us at risk of attack': Swedes turn against cashlessness. My question: Will it be possible to create a hybrid coin? NOT centralized like Ripple, Euros, British Ponds, Dollars, ectc, but decentralized. Plus: We have also cash money in our wallet. Or do I have to ask my question in a different way; It's logical, it's possible. But will the bankers cooperate, to loose their monopoly of creating money from thin air? Allready thanks for the answers. I don't get why you still want cash in your pocket when you already have a working decentralized cryptocurrency that serves the same purpose and is able to probably perform more efficiently. For cash, someone needs to be issuing it and that means centralization. The closest thing to a perfectly decentralized cash system would probably still be precious metals. But again, how are you going to implement a "hybrid system"? Unless you back a crypto with physical precious metals, that is not possible. And then that crypto becomes centralized, because someone needs to be holding these precious metals in reserve. So no, crypto by itself is enough, we don't need a hybrid system. What that article probably means is that you lose a ton of anonymity on your transactions without cash, which is not an issue with bitcoin. |
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Still no withdrawal to the address, it seems. Were you unable to place any bets on their site because of a blocked IP but they still allowed you to deposit? Regardless of whether a US IP is blocked or not, if they accepted a deposit from you that means they are obligated to pay you back. BTW, did you bet anything before requesting that withdrawal? There was a thread before where the OP wanted to withdraw from cloudbet without betting anything, perhaps it's the same issue with yours. 5 days for a simple withdrawal is not acceptable. Hopefully cloudbet is able to respond to this quickly. |
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I sold my bitcoin God almost a week now and it still in sell order, that why I don't trust all this exchange that have no license, please before you chose any exchange try verify them very well before you loose your hard earn money
Yobit is an exchange to avoid. But your problem isn't even that. You probably put your sell orders higher than market price, and since the volume is low for bitcoin gold, there is a high likelihood that your sell order will not go through until the market value of the coin rises significantly. This is how the orderbook works. You can't just list any price you want on a sell order and expect it to go through instantaneously. There has to be a 'taker' for the trade to go through. Cancel the trade and redo your trade @ market bid price if you want an instant trade. |
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You know that if emotions are getting in the way of your decision making, then you're not making the right decision.
I'm specifically referring to long term holders here. Traders are a completely different story since they capitalize on short term price movements. But holders are in it for the long term. Checking the price is no issue, as OP said. But if it starts bothering you as soon as bitcoin drops by one percentage point, then you definitely have got a problem.
Sometimes you're focusing on peanuts, only when you zoom out, you'll see the big picture.
Like in this crash, I see a lot of people panic dumping who will most likely buy back at a higher level when the bull market starts happening. Unless you are accumulating at such low prices, hold your coin. Same goes with in a bull market, don't buy just because your emotions tell you to. Sell when you've made a decent profit.
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Yeah totally. Someone across the internet with a poorly designed site is definitely legitimate enough to give you a year's bank interest within 1 hour. And best of all - you can continue to compound your earnings as well, how good's that? Jokes aside, it's obviously a scam. Nobody should even touch it. Hello,
Yes I've had an experience with Hourpower.biz, and it was really a sad experience. The truth is this hyip, has 3 different plans as stated in their site. Plan I, Plan II and Plan III. You are required to start with Plan I and invest the lowest amount and you can start withdrawing after about 1 hour plus. But NEVER you try to invest in the other plans. especially plan II which they claim is "most Popular" That's a death trap.
They purposely made plan I to be functional and paying. so that you'ld feel the experience is the same with the other plans, but the truth is. The moment you dare to venture into either plan II or III, your account will be suspended and you'll not be able to withdraw your money. and when you contact the admin via mail, they'll tell you "you violated their rule by crossing the plans". this is how it is. whether you're investing for the first time or not.
I believe this the secrete of their game and everyone that has made this mistake never gets their money back. and the sad thing is, there's no social media, or forum where new investors can seek advice from old users to be properly guided.
so my advise is this, use your discretion. if you wish to invest, stick to Plan I and only Plan I. then patiently grow your income. Never be greedy about it. the returns is quite small but you maintain the low risk. (Currently, the lowest amt to invest is 25$. No more 5$)
Here's my secrete.
you can invest multiple times in Plan I so you can have more returns. here's what i mean.
you can invest 200$ by breaking it into 50$ x 4. and the compound (ie rollover) it in thesame Plan I. this will help grow your income faster and reduce the tenor for each investment (ie below 72hrs).
But if you're skeptical about it, then don't invest atoll.
cheers.
You seem to be encouraging people to toss money into this scam. I have no idea if you actually believe in the stuff you say or if you're just a part of the team behind this scam promoting the site, but whatever your intentions are, nobody should listen to this advice. Investing in plan 1, plan2, plan 3 doesn't matter at all. They all provide unrealistic returns. They will most likely not even give you the first payout, even. Use your common sense. If there was such a loophole then they'd be losing money. |
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I come to think that we can't fall massively below 5,000 dollars per BTC - if ever - unless some major whale - of the Mt. Gox trustee's scale - decides to cash out. I base my assumption on the premise that people who bought coins at high prices like over $12-$15k won't be selling at prices below some psychological limit because selling at such prices will be pointless and their only viable option will be to continue holding. So it is not just about demand building up, it is also as much about supply running dry at lower prices. That could potentially lead to less volatility, at least temporarily until a new long-term trend gets established.
As Tryninja mentioned, most people have already dumped their coins at way higher levels by my knowledge so your theory that people will not be dumping at prices below $5k is not really plausible to me, at least. Long term holders most likely wouldn't have bought at $20k in the first place. What will happen is, at around the $5k mark, demand for bitcoin will start to pick up. Right now bitcoin is still in free fall. Even though it's going up in price today, it's going to continue the bearishness we saw as soon as this small rally is over. We could see prices below $5k temporarily, but it'll quickly adjust back up to $4-5k. That's around a 30-40% reduction from right now, which means that $4-5k seems close to being the bottom for me. |
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I would recommend Binance instead of Kucoin because it's just got a lot more volume, and people trust it more as well. There isn't really any point to using Kucoin unless Binance's website is completely down or as a backup for the time being. It's got 2 BTC per 24h limits for unverified accounts, perfect for you. It's probably the most trusted exchange at the moment, without major issues with deposits/withdrawals based on my experience. Thank you all guys, you are very kind  I guess i will go for binance at this point... Too bad it doesn't have 2FA with email... using the google one doesn't looks much anonimous... Good luck to all! There isn't a big difference, it's up to preference really. As far as I know google authenticator even works offline and does not share data with Binance, so I think you're fine. It doesn't require any KYC or SMS verification to use. Plus when you signed up, you've already filled out way more personal info about yourself. No need to be this paranoid, even though privacy is appreciated for sure. |
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