Instead of actually panicking like "ooo nooo mr whale dump the bitcoin price", why not be amazed instead on how someone managed to move HUGE amounts of value, with very minimal fees, and without an intermediary? Now that's remarkable! Like geez. Let's not focus on prices for at least a day.
Not to mention that we don't even know if the bitcoins are actually on the way to an exchange wallet or not.
I really appreciate the fact that they chose SegWit to keep the fees to least and used it to move their money in bech32 addresses, it's not just the price alone but about the confidence of an average investor. I'm not so influenced that I'd panic and start shouting the way you mentioned, but instead, I've just shared what I came to know. It's not a whale, but solely Coinbase performing maintenance that will result in a better (i.e. more secure) distribution of coins, and probably also to claim the fork coins. https://blog.coinbase.com/notice-of-blockchain-movements-b09cb1ec46ddI'm quite shocked that they hold that many coins. It's crazy if you think about it, because this just shows how much 'faith' people have in Coinbase, a centralized entity. I get it, it's one of the most compliant exchanges, but that doesn't mean it won't ever mess up one way or another. I do however like how they used Segwit to save up on fees, which perfectly demonstrates how they acknowledge its usefulness. Even if it's Coinbase, why can't these be called whales themselves as they hold such drastically huge amounts which already gave them too much power to make/break the markets according to their Government's orders (as you mentioned that they're too much centralized as an organization for cryptocurrencies). Bitmex and Bitfinex are also two of the biggest exchanges holding the highest amount of BTC and everyone knows the fact that Bitmex manipulates the market price of all the listed crypto over there. Exchanges like Coinbase may not be called whales alone, but centrally controlled whales who, with just one steer of their boss, may drive the markets towards the side their boss has chosen.
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Reading this kind of article or getting this kind of news when the market is on the bear is like having a wound on your body and someone accidentally rub the salt into your wound. Hell yeah, that's what everyone who bought above the current levels must be feeling. Even when Bitcoin bulls used to ask people to "KEEP CALM AND BUY BITCOINS AT SUCH CHEAP RATES" when it was playing at $6k, nobody would've thought ever that the bearish times (Futures and shorting opportunities) would kill the value to under $3250 levels. Have been in crypto for almost 4 years, and seems like my faith starting to waver. What have you exactly learnt if your faith started to shiver during bearish times? Are you not aware of the fact that BTC survived worst conditions, even worst than these? Yes, I can understand that the types of deaths it had before were completely different from the current position, taking into account the numbers which rose exceptionally during a year itself. But then, this was really needed and was destined to happen. Now has the time come for BTC to recover, keep faith my friend and hodl, this is what bears want us to do - lose our trust in crypto, so don't make it easy for them. if it goes lower from this point, what will happen to our crypto space later on?
Nothing would happen, it'll only make an average investor lose their faith in cryptocurrencies and that's when the real game of snatching away the opportunities from us will start taking place.
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https://news.bitcoin.com/previously-inactive-whales-are-moving-large-amounts-of-btc/Sources show that more than 608k Bitcoins were moved since they have been inactive for more than 3-5 years. Spiry, a Twitter user had also disclosed a list of those 76 wallets where these coins were sent in a batch of 8k coins (probably all may be OTC transactions) in a post here - https://mobile.twitter.com/spirybtc/status/1070339579557892098Watching a very harsh period going on in the whole crypto, I believe this doesn't really look good for hodlers if these whales ever decide to move their coins to exchanges to dump them. It's their right to do whatever they wish to, but should such transactions and many more that happened before, be considered one of the major reasons for BTC to come to such irrelevant levels whilst if we listen to what Bitcoin bulls had to say, Bitcoin is very low in its market price compared to its fair price which should be above $15k.
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Do a double round and merge Weeks 84 & 85, normal rules apply with max paid posts of 100
Not only is it the best way, but I also want to request you and everyone over here (obviously, if they agree upon this) to please change the weekly pay to bi-weekly and keep 100 posts max for the period as you've described for this period of time, because it'll be a bit of an advantage for a few people who post less during x week and make good amount of posts in y week. Hope everyone understands, I request Darkstar to personally think over this and if they can, please put up a poll here for everyone to give them the opportunity to choose whether they're comfortable with what I requested or the weekly pay is still better.
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I guess the best one needs to be BTC itself, because the dirty fear that's been played out over innocent traders by the big bears needs to be settled before any other crypto really shows some movement. The ones discussed on the 1st page of this thread, i.e. Pundi, Hot, (and my choices Qnt, Sharder, etc.) and even Ethereum needs BTC to hold the supremacy and move on, because then only the confidence of investors will remain intact in crypto sphere and they'll try to hodl, else everyone will try to get out of them in panic and will later regret over their decision. Patience pays off, and so we need patience with any good project we invest in, just like Rome wasn't built in one day, so didn't Bitcoin go straight up from $1 to $20k, it took almost 8 years for that to happen.
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1. Bitcoin price drop in daily peak, this dominant cryptocurrency is actually down six percent. BTC at its low in daily volume in steep sell off or 5% to 10% thus tends to see an increase in daily volume. Forgotten something? Let me remind you that BTC is still 600 times higher than what it used to be, $5 once, remember? I believe BTC is already down more than 1/10th its ATH, so falling 3-5% during a day's session shouldn't bother as this is how those big boys are making money - by shorting it. 2. The Ethereum price has experience in similar trend as well as Bitcoin. ETH has dropped $2billion to $1.6 billion by more over 20%. There are few reasons I believe this happened: - Ethereum went with the flow as the whole crypto space is experiencing a hard plunge. - Ethereum had its own flaws for which it's seeing such a drop as it was about to happen and this seemed to be the best time to those market players to pull it back down harder. Is Bottom Far from here?-- Bitcoin I don't think so, however 3200 (and if broken down hard), 2900 are most crucial levels under the radar and I believe Bitcoin should never touch 2900 and show some signs of bullishness by breaking 3650 resistance with a strong approach. What happen to tokens if ETH drops 35% more?
They'll all get vanished with their projects as most will shut down due to lack of funds due to price slump.
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what do you think Which one has more profits and benefits, With less risk? Investing on ico? Trading? Airdrop and bounty program? Please leave your comments Seeing the current markets, I believe nothing would come to your dish without high risk. Airdrops and bounties are so badly f*cked that I won't even think of going for any, as most of them ask for KYC and I won't really give my identity for a few bucks. ICOs (whether new or old) are suffering a lot due to the imminent collapse happening in crypto space, so they're also not a better option to put your money into, currently. If you would like to make money these days, try to trade into safe currencies like USDT, TUSD, USDC or go for shorting as it'll grow your BTC and you'll make some money doing it (but when done with leverage, spread betting could be really dangerous for your portfolio, so think at least ten times before going for it, and carefully decide the leverage size).
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This is not helpful for the users that has been here for some time and doing bounties already but for the new comers who are still lurking and reading every thread then definitely this is helpful especially if they are trying to apply for a bounty campaign. This is one of the requirement in joining bounty campaign which you need to fill to continue the bounty program application.
The OP tried to detail things which does matter, but they either complicated them into a very big matter instead of going simple over it (the simplest way was mentioned by bitmover in 2nd comment of this thread). If any new user doesn't know about this, then that's understandable (still it's bit stupid as many forums have the same style of right-clicking over the username and copying the link), but for those who've had been here for a while, I am shocked to think what had they been doing here - just trying to make money without any efforts, without doing anything, without knowing anything?
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There needs to be a few positive* news like these in this scary red market where everyday something suspicious happens and gives a shock to all the speculators who have had been just guessing about the positive movements of markets.
* - Positive for those who are comfortable with the centralization of crypto as such things will definitely need clean records of everyone to be submitted handy to governments.
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I've had been gambling often when BTC was between $3-5k but stopped after it spiked up hard. Now is the chance for everyone to try out new concepts like yours, if you could get your site up and running as soon as possible, most people who are interested and experienced in such games will surely give a shot to your concept and try their luck. Good luck with your concept, it'd be great if you focus more on making an app for this instead of a website.
Thanks for your feedback! Why would you prefer an app? I thought that crypto-people use more pc and sites in general. Don't limit your thoughts to a single thing, broaden them to the next level. Nowadays, most people look for convenience and if we talk about (this is something different I know, but as for example) exchanges, most of the flock flies towards the ones with their official apps rather than trading online. The same applies here, I believe that the games you've talked about, will work much better in apps than trying to drag your audience towards a website because apps will capture a whole lot of attention in comparison to a website.
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I've had been gambling often when BTC was between $3-5k but stopped after it spiked up hard. Now is the chance for everyone to try out new concepts like yours, if you could get your site up and running as soon as possible, most people who are interested and experienced in such games will surely give a shot to your concept and try their luck. Good luck with your concept, it'd be great if you focus more on making an app for this instead of a website.
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These centralized exchanges, albeit imposing high fees somewhat helped the community thrive and develop by allowing people to buy and sell safely and conveniently, so I guess that's where your fee goes to: convenience and use of their platform to make things easier and faster for you.
I agree that we pay for convenience and exchanges' use, but it's like most of the exchanges have given everything in the hands of users and they're trying their best to make money with the spreads that are being put over such exchanges when we buy/sell our BTC, and I don't really know any exchanges providing least spreads while doing the same over their platform as well. How can one claim that crypto really helps us get our money completely (as expected in fiat) when such big spreads are here to remain?
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When we speak about Bitcoins, most people use it because of less fee in terms of USD and for smaller transaction sizes, it'll be surely profitable, but when it comes to buy/sell spreads over centralized exchanges to redeem our fiat out of crypto, are we really getting what we should get? There are many users who don't do wire or any high-profile banking to save over fees, but is it really profitable at the receiver's end that when they try to sell over such exchanges, they get ~2 - 5% less based on the policy of the exchange and some based on users' rates (like localbitcoins)? When we receive money in crypto from our clients, should we really consider it a good deal (I know BTC value is volatile, but then, I'll need to wait for it to reach my expected value over sell side)?
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Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.
Shit happens and so it happened again and again in the case of BTC, but BTC survived every time it saw a sharp fall in its value. So, if you think you'll never see your purchase price once again, think at least twice. This bloodbath is a complete mix of utter nonsensical statements, incredible manipulation and non-stop panic and we'll definitely out of it once the shakeout of people's hearts go stable once again and manipulators stop creating FUD. You need to hold, I know you're left with nothing but BTC and when you have such an amount of BTC with you, that's when you could actually feel the pain and stress when shit occurs, but don't worry it will settle down once a few countries come up with some good regulations for crypto.
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Loan Amount: BTC0.01 Loan Purpose: Trading Loan Repay Amount: BTC0.012 Loan Repay Date: On or before 7 January, 2019 Bitcoin Address: 3BMEXCYH9oRqPzY2r1v1Si82LeZsiLoUQY
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It seems to me, that no one currently living will see the last mined Bitcoin .. From the economic side, whenever the supply of an item ends, its price increases incredible (Stradiwarius violin). On the technical side - technology is moving forward so fast that before the last Bitcoin is mined, i'm sure that will be created Bitcoin 2, or even Bitcoin 3. Miners will move to mine new "BTCs" and there will be not enough power to mine the last Bitcoin.
Lolz, so haven't you seen the already up BTC 2.0 or 3.0? Bitcoin TRash, Bitcoin Diamond, Bitcoin Gold, etc. and many other forks off Bitcoin are not to be considered as other type of BTC with some upgraded/enhanced coding according to their devs? Aren't you aware of the fact that those who were mining BTC (giants), publicly warned and wanted everyone to drive their hash towards BCH? I guess nothing in this world would be able to snatch the power of BTC in terms of mining, and even if it does, it won't remain profitable for longer time (at least not for a decade in its own genre of SHA256 category).
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IMHO BTC must raise popularity to increase the number of transactions and this will raise the sum of fees and this will be enough for miners.
Increase in the number of transactions will only bring scalability issues back due to clogs in mempool, I think that's something which will automatically rise once BTC gains mass adoption from at least a 100 countries fully in favor of BTC. And there's one more thing, people are here because they are getting lesser fees compared to any services online which charge us anywhere between $10 - $100 and even more in order to send money anywhere without the heed of boundaries. BTC gives everyone the opportunity to transact freely and almost for free, so keeping fees high will also be harmful for BTC's value as most people here are interested in making the best of their money - either trading and making money or saving over fees while sending money anywhere in the world.
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Loan repaid in full, sent ETH instead of BTC based on mutual consent. Tx id below: 0x5349fde088d8e2efbcc3aed99064ba11cdb68db6b8d21d0a8437d63bbf8711b1 Thanks again for this.
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OP, this is a very touchy topic for the Maximalists, and to suggest something like a hard fork to inflate the monetary supply is blasphemy.
But my theory is someone, a "Bitcoin OG", will campaign for a hard fork to increase inflation without increasing the monetary supply, if the price remains low and the block rewards halve to 3.125 on 2024.
It starts there, and it will not be the end of it.
Anyone can do that. All we need is a donation address where to send Bitcoins we gather to pay miners. YAY. We only need to collect like 12 BTC per 10 minutes. Or else, they might come up with the same BTC concept like many different Bitcoin clones did, but the only difference would be the price and block reward size. I don't know what will be the meaning of that to happen because the change in the reward size will only make it more closer to the last BTC as the reward size will remain the same and if it gets applied to the original (current) BTC that we use, then I don't think it'll take 2140 to reach there but much sooner than that. I guess the breach of rules already set by Satoshi won't really work for BTC as the pattern and protocol should go hand in hand as they've been going since last decade (though, if the community feels and decides based on mutual consent of everyone that this should happen for miners to carry on mining, I guess nobody could stop it from happening).
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Buying anything currently in today's market could be dangerous for the health of your portfolio. But, if you're looking for a safe asset that couldn't go wrong even after showing big red candles, and does really have the potential to grow back to the levels where it was - in the past - - Go For Bitcoins. Still, there are a few good coins you can go for - like ZRX, QNT, HAND, XTZ. Take my advice with a pinch of salt and please look into market conditions before investing anything.
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