Way too many screenshots to go through. Let me jump straight to the point, is the primary concern here for the OP the fact that the affiliate earnings on his ref for the wager volume generated from bonuses given by Duckdice is not paid to him?

From what I can see, according to this https://help.duckdice.io/hc/en-us/articles/360000684454-Affiliate-Program it does say that "Please note that commission is applicable only for deposited money."

However, the terms and conditions for the affiliate program was updated 2 months ago, it could be possible that Duckdice updated it to try to avoid paying OP since their problems have been going on since October last year it seems.

How big of a loss are we even talking about here? I mean even if you give bonuses to that streaming guy, it doesn't take away from the fact that OP did indeed refer him which is why he is playing at your place...

For holders, this current dip is just another opportunity to fill up their bags for cheap.

If you're giving advice to traders to continue to be long on bitcoin this year, then honestly I'm going to argue that you're wrong. It takes way more than just a couple of months of bearish market sentiment for bitcoin to settle at a true bottom. I hate when people make predictions without basis and say that "bitcoin will moon", because there is virtually no chance that bitcoin will moon when the entire market is just covered with bears.

What we could see is a short term adjustment upwards, but there will be no major breakouts. I doubt we'll see BTC above $10k this year again, at least consistently.

So yes, don't buy bitcoins in hopes of it "mooning" overnight in June. It's probably going to be a good year or two until the real bull market comes again.

"Moon" ain't gonna happen for a long time. People who entered the market when it was red hot and all hyped up don't realize that bitcoin do and will have periods of relative bearishness and inactivity, as a result prices will suffer.

No point trying to predict it at all, you're right.

Based on my experience, if you do believe that bitcoin is going to go mainstream in the long term, buying and holding is usually going to be your best option. If you're trading then obviously you should have done research and made it that your portfolio did not give you too much high risk exposure at one single time, no matter how tempting it might have been to buy high/sell low.

Markets are stagnating right now. The main reason that we are not seeing a bull market is that every time the recovery comes, it doesn't take the price anywhere. It doesn't break any resistance and that severely affects the confidence of the market. Of course, this is to be expected considering that we haven't seen a major pump since January, and that was just a recovery back up to $10k from a huge dump.

We are going to see some support at the $7000 level, but if that breaks, we are pretty much in free fall.

I doubt that we're going to see any sort of bullishness until much later on in the year, or even next year altogether when bitcoin has already bottomed. Although bearish right now, I'm still quite bullish long term and I will personally be buying some BTC during this bear market.

Thank you for the list. It definitely surprised me when there were so many exchanges with affiliate programs around. There are some exchanges that I would definitely avoid though such as xcoins and yobit, because the former deals with extremely high risk payment methods, and the latter is just a semi-functional exchange with no support and problems arising everywhere.

Not sure if this would fit, but I'm sure that most people that uses bitcoin probably initially bought some BTC from virwox.

They have a referral program too, according to the page here: https://www.virwox.com/vpn_help.php#_referral_fee. You get 20% of the commissions of your direct referrals, and 20% of any referral earnings made by your direct referrals.

If your bank is denying the transfer, nothing you can do especially if you can't open a new account with another bank or of another type.

You could potentially deal with payment processors such as Advcash, Payeer, Perfectmoney which all will be able to accept a wire transfer internationally and then convert that to your respective balances, which you can use to freely convert your fiat into bitcoin. However, they have virtually no support so if there is any sort of problem, you're screwed.

Do you need to go through a payment processor?

If you're just purely wanting to buy bitcoins using bank transfer, I suggest checking out localbitcoins. The rates you'll get is usually lower than if you had to deposit to one of those payment processors(advcash or whatnot), send the funds to an exchanger, and then get a really bad rate. Plus, you are protected by localbitcoins escrow so there is very little chance you'll get scammed or have an issue compared to any other method.

Bitcoin in the short term may continue its drop. There are simply no bullish resistance right now to keep prices high and the general market sentiment is extremely bearish. And with the new regulations, and bans from Twitter as you mentioned, markets don't yet know how to react rationally to these pieces of news. That's why prices in the short term should only continue its downward slope IMO.

You have 2 choices if I were you.

Either hold for the long term, since cashing out BTC at such low prices seems to be a high risk, low reward thing to do. But that requires time. Or you could sell around now, but waiting for the rebound before you do so instead of selling right now. Prices have declined throughout the week and eventually, there will be a recovery, whether a small or big recovery.

Is your question "will bitcoin exceed its previous all time high this year"?

My answer is a definite no to this. I doubt that the major recovery that will take bitcoin to greater heights will happen this soon, it's not going to be in this year and in fact, probably not for another two to three years at least when the bull cycle comes around again.

There is a lot of optimists left, saying that price will rebound this year and go to crazy heights like $50k or something. These predictions are quite futile in my opinion. I have never seen any asset, bitcoin included with its recent history, go from hyper bullish - hyper bearish back to hyper bullish in just a few months. The all time high should be a target for years to come imo.

But who knows, anomalies do happen from time to time, so I can't say for sure. But still, the answer is no.

Of course. If bitcoin volumes are staying the same, but fiat volume is drastically decreasing, that literally means that the price of BTC is going down. And indeed it has. If the price of bitcoin is going down, doesn't that literally mean that demand for bitcoin has reduced? So what's your point here?

I honestly don't think that there is as much correlation between volume and price as some people think. And it's no good trying to argue that BTC is going down further because the USD volumes have been going down, because as OP has shown, bitcoin volume only decreased by around 10%. If this BTC volume does increase or decrease dramatically that can definitely be a sign of a pump/dump. However, right now, it's just staying put. So there's really nothing to extract from this.

But even without the volumes, I think it's safe to say that 2018 is going to be a relatively quiet year compared to 2017. We probably will go down further for the year as well, being stuck in this bear market.

I see that you made a previous deposit to the same address: 991071bdf336979513bb46eefcc0cc08cb24f76e80b30242a4095c79fe1f6640.

Did that deposit go through normally or did it never hit your account or had some sort of problem before hitting your account? You could use that as proof that the address previously worked, but it's not working right now.

From your screenshots I can see that one of the support agents said that "we will solve this issue". It's been 3 months and they still haven't solved it, apparently. Even if it was some error they should let you know, and give you an ETA on when the funds will reach you. The value of your BTC has already depreciated by more than 50% since the day you sent it, which IMO is partially their fault as well.

They deleted their medium article as well.

It's unacceptable to outsource the development of anything, not know the risks of what would happen, say that you audited everything, yet still come out with a fatal error that ends up with investors losing money. In my opinion, that's just their excuse for not refunding the investors everything that they put into their ICO.

Very untrustworthy how they released a new affiliate program in an attempt to get more investors in even after the current issue. We don't know if there is any foul play with this Ethereum issue, and instead of putting all their time investigating into this issue and try to get a refund, they are focusing on raising more funds.

Looks like a greedy team for sure, I would say that it's a scam and not invest anything into this if I were you.

Damn, that's brutal. I understand that people can definitely get scammed by previous trading partners and there is probably more trust put in them, for good or bad. Guess that's a lesson for us all to learn, never ship goods to someone until you've received full payment or that escrow has confirmed that they have indeed secured payment in their possession.

Hopefully he can come out and pay this as he promised.

You're at an advantage here, though. He probably couldn't resell the coin easily since it's in an ANACS slab and that can be tracked quite easily if he decided to use an alt account to sell it. Also you've got the dox which you have every right to release if he doesn't respond say, in a week.

Yep. We have been bullish since 2016 leading to the build up of a huge pump that nobody really expected in 2017.

To say that this current bear market is able to end at just a few months seems unbelievable for me. 2014, even though in a completely different context, can provide some guidelines. The markets after 2013, which was obviously a shorter and less prolonged pump, took around 3 years to fully consolidate for the next pump. I think that this time the time will be shorter, but still will take around 2 years to break out of this bear market, or at least "non-bullish" market with sideways movement.

Reason? Just because BTC is correcting big time, and panic dumpers are selling into the panic like usual when that happens. BTC will still go up long term imo, just not in the short term.

There has been some FUD about regulation of bitcoin globally with SEC and G20 pretty much coming out and saying that bitcoin needs to be regulated. The potential outcome of such regulation I think has been greatly exaggerated and overreacted by traders. I don't think that Facebook banning ads has much to do with the overall trend of where bitcoin is going at the moment.

Most of it can be simply explained as the "bust" stage of the natural cycle of BTC. Bitcoin had itself a year last year, and that was not sustainable. A lot of people just took their profits at the start of the year, leading to dumps.

I still believe in bitcoin though, don't let this dump distract you from the big picture. Bitcoin still has a lot of potential and a lot of opportunities ahead. Instead of selling now, I would actually look to purchase BTC to hold for the long term as everyone else is selling, especially when price is under $7k.

A good analysis in my opinion.

I don't think that we're going to really go up at this point. Now that we're under $8k, the resistance at $8k is extremely strong. The two attempts at breaking $9k were both unsuccessful, which is why we haven't actually broken out yet.

Most likely, we are going to go down to around $7k, stabilize there somewhat, and then see if support of $7k holds up. If that doesn't hold up and there are no major bullish outbreaks, then BTC could be going down and testing the $6k support which was the previous low. Either way, markets are extremely bearish at the moment and it shouldn't return to a bull market anytime soon, probably until May-June.

If the support is not responding to you, then you should talk to the admin directly.

PM this person: https://bitcointalk.org/index.php?action=profile;u=317543. Link him to this thread or include all your screenshots in your PM with him, and he should hopefully be able to prioritize this case for you since you've been waiting for such a long time.

It's weird though because if you deposited to the correct address, everything should be automated for a BTC deposit.

Are you sure that you deposited to the right address? Can you provide a txid for the transaction you sent to Spectrocoin?

Nice to hear. But I would not consider my computer to be old, or weak. It's definitely not the best but it loads all other exchanges fine including Poloniex, Bittrex, Binance, Bitfinex among others. Never had the lagging issue like I had on your site.

For the new UI I would suggest having more colors than just the boring black grey and white.

Also as I said, you should start listing some of the more major coins on your site if you want to have any sort of volume at all. You'll probably need to launch some sort of publicity campaign on the forum to gain some attention as well.

BTW, which country is the exchange located in?

Yeah... I've moved to Poloniex to Binance a while back as well, and stopped using bittrex because they all had deposits and withdrawals problems and their support would never ever respond to a ticket on time or have the slightest commitment to solving my issue.

Sorry to hear that it took that long and you also lost money along the way, in fact 40% loss of value in satoshis is probably more like >60% loss in fiat terms due to the bitcoin crash as well.


What do you mean by "red" error on poloniex?

Anyways all of your experiences show that poloniex is not an exchange that can be trusted on a regular basis, therefore it's probably wise to trade on another exchange at least for the time being. They used to be an awesome exchange, though. Sad to see this going down.

Any small cloud mining businesses that have no apparent relationship with any major pools should be considered to be a scam, unless otherwise proven. That's just how it is, scammers love to open scam sites under the name of it being a "cloud mining site". If it's promising any kind of minimum returns, then it's for sure a scam as well.

Since even legit cloud mining companies will mine from pools instead of solo mining, it'll be hard to ask anyone to send BTC from a newly generated block, let alone the scammers.

It's just common sense, really. Avoid cloud mining as much as possible, even for the big names, a lot of them have shady pasts. If it's too good to be true then it probably is - as the old saying goes.

Please show any licenses that you hold as proof. I could not find it on your website.

Also your website shows that your company has been around since 2011, which isn't the case as a whois lookup shows that your domain creation date was in fact in late last year. According to your you are able to generate a 'bare minimum of 200% per year' off your portfolio, which is way too big of a return to possibly sustain in the long term.

I'm not buying the placeholder picture story. Even with the updated team, I could not find any linkedin profiles or any descriptions outside of your site.

BTW:
You do realize that even with 2% per day returns, it would compound to 1300% yearly returns? Do I need to explain to you how unsustainable and absurd it sounds or should I call Vod???