First of I am a BTC HODLER and I am happy it is breaking it's ATH every other day. But is it really good for future of BTC?
As a currency and day to to day usage BTC price needs to be stable. For regular market to adopt this as a currency the price needs to to stable. Is it not? If BTC fluctuates so much within just few days how can some business adopt this? For example if they fix a price for a product for $400 equivalent to btc then tomorrow the price can be $600 or $200. Will this sudden price rise/ drop not affect the market adoption?
What you guys think about this?
In my honest opinion, even though there is nothing I can do about it because feelings, emotions or opinions does not matter in the determination of what the price of bitcoin will be. I don't think personally its a good idea because there is no basis to back it up. During the buildup to the few days to the last fork, I had argued that the increase in price is based on the mentality of people wanting to get a larger portion of bitcoin gold which eventually happen but this is something incant explain. I wonder what the price will be saying to the buildup of SegWit fork with all the massive publicity and support it has garnered. |
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As soon as the block 494784 is mined there will be a snapshot taken and users who will be holding BTC during the time of snapshot on HitBtc will be credited equal amount of B2X. The time cannot be estimated since we don't know at what time the block will be mined. You just have to wait for that. I think since there are 6 confirmations needed for BTC there might be 6 or 12 confirmations needed for B2X I am really not sure. After this they will start crediting the B2X to the users.
@hasmukh_rawal, are you a HitBTC official ? He does not need to be HitBTC official to know that because the information is public knowledge and because we have seen minimum of 2 forks happened already, it will surely follow the same pattern and even with the realease by HIBTC I don't see any thing special from what we have all know before. HiBTC is one site that I use and I know they will keep to their word but if you don't trust them there is nothing stopping you from keeping your bitcoin elsewhere and wait till when other avenues to claim your B2X is made available. Also, if you want direct information from their officials, you can either locate their thread on the forum to posts, or contact their customer service platform but I don't see them giving any further information to the one already provided. |
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This is beyond a joke now. It's been 2 MONTHS since anyone could actually use your card, and you honestly don't seem to care one bit.
Currently they are busy for searching new card service provider because they already lost contract to Wavecrest if you want some fast response then try to contact on skype mostly they reply very quickly Debit card providers are bound to have issue in recent times and its going to be beyond UQUID or even their service providers their problem is actually from Visa and MasterCard because they the two giant in card services that have decided to stop provision of services to crypto currency outside Europe. Unless UQUID are able to find another partner who is making the ATM machines solely for bitcoin and having its own network different from the one banks are using, then this issue will be resolved soon or else its not going to go away. https://bitcointalk.org/index.php?topic=2267655.0 |
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Hi
The same thing happened to me .
""We have just received your exchange:
Exchange #595486
FROM: Ξ0.4000 ETHEREUM: 0x3d153558bf6689ee83418148bbc842c8064b8724 (batch: 0xa876f79bf900c211b7a869b01d2dd5426f4d8f0cf9c3ddd488aae7065235c314)
TO: ฿0.01549 BITCOIN: 1G8ddJPvSZk5YkjjKEcoEbaoFgSCdsCWRh
Server Date and Time: 2017-10-09 17:03:25""
Still Processing...
I must say you are very much guilty of your own downfall because this site you just fell scam for, this thread has been created since July 2017 and the only thing you could have done is just to search about the site before depositing coin on their platform and this heart break of yours would have been avoided in its entirety. What amazes me is that of all the exchange sites on the internet and even the one run by individuals who have proven themselves worthwhile even on the forum, you choose to patronise one that is not even popular. The only consolation you have is that you have learnt and push the scamming behavior of this site to the forefront for someone not to get scammer( only one that can make findings though). |
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https://www.forbes.com/sites/petertchir/2017/10/31/bitcoin-futures-are-finally-here/#6389fec26a0dYou can click on there and read the press release. I think this will pass, it's not the SEC that regulates this, it's a different process from ETF's. I think we are still not ready for an ETF, but Bitcoin futures could be good. Some worry about price manipulation as similarly seen by gold. I argue Bitcoin is a much different asset and you can't manipulate it as much as gold. The supply is clear, the market is global and nonstop. Gold's supply is unclear, nobody knows what's the limit of gold or how much is out there. The markets are not as global and they take breaks. Good times for Bitcoin holders ahead, once again. I think we'll see the ETF around 2020 with an active lightning network, and the march towards 6 figures a Bitcoin will begin. From the way I see it, its a further creation of trouble for bitcoin. Its true that future trading will create another massive inflow of people into the space based on the article by crediting a mere announcement for the increase in the price of bitcoin by over $200 this is good to outsiders but looking beyond the short term it will only further the already fragile volatility status of bitcoin. It will then continue to make everybody start chasing what is not because when you bank on the future, you want to pattern and control the present to bring the future into reality. This will then give solid that bitcoin is a bubble that is waiting to burst because I don't see anyone banking that bitcoin price will crash. |
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I am very curious how exchanges like bittrex,bitfinex,cryptopia and so on process withdraws of any coins.
Ex:I request 1 btc to withdraw from bitterx to my exodus wallet.
Now every time i observe it never happen instantly means after some time like 5 minutes after the request was places the actual transaction get into blockchain.
So the question here is,they make this transaction manually?Means they transfer the coins from their personal wallet to my exodus wallet manually?
If its not manual then why is the 5 minutes time gap?
If its automatic then how this works means this automatic withdraw from a wallet to another wallet with coding ,can anyone refer to some example codes?
Lastly I understand this is not a very easy question to ans so I hope some very advanced and very knowledgeable person like a hero or legendary member will help me here.
In exchange site, everything is not automatic and they have different way of doing it. I know of c-cex own is automatic maybe depending on the withdrawn amount because the moment you click the confirmation email sent to your mail box, the amount enters your wallet immediately. But for others, I think there would be some amount you get to have instantly while some other amounts they have to do manual confirmation to be sure things are going well. Some other exchange sites do it in batches in other to minimize the transaction fees of having to send it individually. They have their reason but eventually so far the fund will land there is no cause for alarm. |
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I don't know why you would want to visit any other forum aside this one we are. I have equally registered on quite a number of others but I must say, this is just the best and every limitations going on is what makes it an interesting one rather than one where everything is so serious with no flexibility at all.
A lot of other forum you will visit is either an offshoot of the members here or majority of the members there from here as well with some even using the same username on both platforms. If you play by the rules established without getting greedy, I don't expect anyone to have issues being on the forum.
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As we all know come 16th November there are two coins, one we know as Bitcoins, other Bitcoin2x, initially I was using a coinbase.com wallet, but before Bitcoin cash fork I moved it to electrum wallet. Now my question is with this fork all but going to happen, coinbase.com has said it will credit equal Bitcoin2x and in electrum It automatically doesn't happen. In coinbase.com if I take a chance I don't have private keys and that's scary but the greed is there to. What should I do be greedy and go back to coinbase.com and post btc2x shift back to electrum. Or any way I can stay in electrum and do it. Need your advise and suggestions, something that can be easily be done and not at risk to my coins.
For those who have their coin on exchange site and those of us who have ours on offline wallets or even those on web wallets will still have access to the btc2x at one point or the other but the concern is on the basis of timing. While those on coinbase will get theirs immediately but there is a risk attached which can be coming up with a policy without any prior notification in which freedom to use might be limited (learning from the actions of Bittrex). For that, I won't mind getting mine later taking safety above greediness. Personal opinion though. |
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Another wild goose chase by the Indian government rather than facing something that would contribute to the efficiency of their system or even look at ways of ensuring its being used for the betterment of their society considering the level of economic decadence in that part of the world, they are looking at ways to create avoidable heated argument in the country. The issue is that if they are serious about shutting down bitcoin, they should better shut down the internet of the country because anything short of that is a futile effort the moment they cannot do that, bitcoin will continue to penetrate and more popular. |
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I don't think bitcoin is trying to be the future of banking because their objectives are separate while one is about centralisation no matter how you look at it, the other is about decentralisation.
The future of banking is one I see that there won't be need step into the bank that's all I see while they will still reserve the entire traditional function such as acting as the intermediary between the providers of capital and those in need of it. But bitcoin, there won't be need to gather our money in one place to be lent to another individual other any other fork of intermediary.
Above all they would both operate on the basis of those who believe in them without conflict.
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The marked cap for BTC have increased from 60 to nearly 120b$ since september. In the meantime, the total market cap (BTC excluded) is somehow stable, only 10b$ have gone out of altcoins in the same period.
Where do you think the money that goes into BTC comes from? Margin trading? New money?
Do you know something by fact and a link that can support it
The only explanation I can give to it is the addition of both new money and money spread into other alt coins that have been responsible because another thing that could increase market cap will be the increase in volume which is something that cannot be explained right now, considering the difficulty in mining bitcoin. But we should not also forget the amount of money that have been pumped into bitcoin as a result of the forks that have happened in recent time which for me its enough to change the way price goes. With a lot of people dumping the forked version, then channeled back into bitcoin is something explaining what we are seeing now. |
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In all sincerity, I am surprised not because I don't believe in bitcoin or a pessimists but because my expectation was surpassed beyond imagination. I had proposed in mind that because of the fork, but not this high. Even earlier in the day when the price touched $7000 and retreat backwards, someone had created a thread that correction is what is happening in which I had prepared my mind towards that because every factors point to that direction but alas it was just retreating to a new entry point that we have not seen.
In all, my song has been to always exercise caution.
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One of the biggest mysteries in the technology world is the identity of Satoshi Nakamoto. No one knows who he is, where he is or what he is doing with his millions.
Bitcoin has a finite supply of 21 mln which is expected to be reached by the year 2140.
Nakamoto's one mln Bitcoins amount to five percent of the entire cryptocurrency.
So, what will happen?Howdo you think?
I dont think is really a mystery if you ask me because he just decide to stay anonymous on his own. He might even be part of the community under another alias and seeing how things are going. He is someone I believe does not want the fame that comes with the invention of a great innovation as this and because of the vulture that control the way things are being done in every sphere of life, he probably not going to be recognized and therefore its better to stay silent and allow this blossom beyond anybody imagination. Some people would actually know him or be able to find him because if there is enough information to make that happen but the guy is just good at keeping secrets with himself being a definition of secrets. By 2140 when the whole bitcoin would have been mined, I think by then we wont even need any additional coin to be created because the available ones would have circulated. |
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Hey all, I'm going to start this challenge of turning 0.03 BTC to 3 BTC. I have no idea if I can accomplish this, but I'll be sharing my progress daily with you. If I somehow can do this, it'll prove that anyone can make money in trading as long as you are dedicated and put in the time and work.  I'll also be posting some of my trades during the challenge on Twitter, so catch you there too! Hopefully I don't go broke in a few days  I think the bold part is kind of contradictory because how do you intend to achieve that if you don't know how to go about it. But all the same you already have a clue and I will be looking at how its going to go about and how you want to post your progress report. I don't know if that will be allowed on the forum because that would be like sharing trading tips which would be no different than the pump and dumps groups that we have on slack and telegram platforms couple with the attacks you will have to face for those who will be for or against your decision making. Either way, would be watching... |
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Bitcoin has just turned 9 years old...it was nine years ago that Satoshi Nakamoto shared to the world the whitepaper that would be the basis for the creation of Bitcoin and its underlying technology called the Blockchain. The ride was not really that easy because it took some time for Bitcoin to finally caught some fire which pushed the digital currency into the attention it is getting right now. People of course doubted at that time how can mere programming be able to create a digital currency that would have some value.
As of today, those people who took the risk (no matter if they might have not been serious at that time) are experiencing the surprising rainfall of value they might have never expected to happen. Lucky for them...for many of us we have to work hard to get our Bitcoin though it is really worth every penny of the hard work (or money) we put in to get hold of some Bitcoin.
There are still many people who are holding the idea that Bitcoin is essentially making money out of thin air. It is as if the idea of Bitcoin has not yet been absorbed by their consciousness and so many can be dismissing Bitcoin as just another fraud which is waiting to pop and to just evaporate like a bubble.
Of course, we have already progressed out of this stage and right now Bitcoin is already an accepted currency and store of value by many prominent personalities and institutions.
The assumption is right and its something people are still wallowing in the ignorance of understanding where the money is coming from and the more you try to explain, the confusing it seems for those who have made up their mind that bitcoin is a bubble that would burst very soon but the same set of people will not be able to provide you an answer as to where the fiat they have in their bank accounts, spend on several things comes from but its actually a form of programming one way or the other. Today, someone will transfer a Chinese Yen to someone who will receive it in dollars, neither does the man in China takes the physical Yen across the world to someone who will receive the dollar equivalent rather its just some form of electronic algorithm that is being transferred from one place to another and to avoid the curiosity of people, they made it seems physical exchange has been factored into the transaction. What Satoshi tries to do is to ensure that the freedom is handed over to the individuals rather than conglomerates and that is where in my opinion, the confusion is coming about even from the elite. |
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I won't be quick to wish away the reason for your fear based on the slogan that the last is not a determination of the future because sometimes, that same past is always used to predict the future and most of the times we are correct while some other times, we are wrong.
I was not involved with bitcoin in 2013 but truth be told, within the space of then and now, a lot of things have happened that have made bitcoin reached this high point and there is no stopping until after the fork. However, there is need to be cautious is what we do never to get greedy to believe this is what will continue to happen all the time.
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Hello folks,
Let's look into this!
I want to know how negative trust works. A few hours ago, I came across a fellow managing a campaign. In the campaign thread, I notices a link that was broken and blank. I pm him to point out the problem thinking I was helping a friend. He asked me to show him the link and I tried telling him where to find it. Apparently unable to do so, he threatened to 'neg' me.
So my question is, how does negative trust work? Do people neg people out of malice?
Are there no ways people negged out of malice could appeal and revoke such wickedness?
How does the forum ensure folks don't get begged by meanhearted people?
Thank you for your anticipated insight.
excuse me asking another question on top, is there a possibility to clear the negative trust? You made an innocent observation to the fellow but he chose to be someone else by trying to threaten you with a negative trust but it might not be his fault because he might feel you wasted his time or maybe someone else has initially pissed him off because of that. One lesson you need to take out of this is that when things like that happen, you either archive the particular page or get a screen shot of it for reference purpose. Its true that trust ratings is not moderated but people can be called to justify the ratings they left someone else. So if he leaves you a red because of what you try to call his attention to, and you can prove it then someone else can leave him a bigger red which will even do more damage than the one he left for you. And if he is on DT list, then he has more to lose than you. |
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he or she left their Bitcoin address: 16NXk2eFiCRLhgoBZkXwyvptBvxZvHDibS
is a start!! and you dont seem to be helpful like the others.. dont waste your time here
I understand the fact that one might be disturbed in situation like this and over react but the issue of calling brickblock.io out in this case is uncalled for. Like some have rightly stated, the hacker used the account to apply for the campaign because controlling an account means that you can do whatever you want with and applying for campaign is part of it. Since a representative of brickblock.io is aware, he can then do something about denying the account. On the part that you account is now Hero from Senior, from what I see there, you are to be a senior based on the minimum activity to attain that position is 480 and what you have there is 490. The only way is to get DT to tag it and wait for the moderators to act on the issue raised. |
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I tried to encourage rather than convince people to invest in bitcoin and I can count quite an amount of people who have been involved directly or indirectly with bitcoin because of my actions. The reason why I decide to stick to encourage part is because of the uncertainty that surrounds bitcoin and people would only want a something that would guarantee return for them which is something anyone involved with right amount of information will not commit himself to.
But with my actions in the area of websites I visit, blogs I read, visiting the forum, crypto trading site and much more. This made people close to me aware then those who will act on it will then start their research then ask questions in places that are not clear.
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Sent 0.016 btc to someone 13 hours ago......seen by 8 peers, still an unconfirmed transaction. It never used to be like this.....the only drawback of bitcoin in my opinion.  I am sorry for being harsh but the issue is based on your rank, you obviously know what went wrong and that is unconnected with the fees. You also know that there are acceleration services that can ensure that transactions are confirmed fast so far you are ready to pay for their service. Aside that, I am sure this wont be the first time you will be carrying out a transaction like this and no issue whatsoever but because this turn out to be something not going your way, the best way out is to create a thread for that purpose. Depending on the wallet services you are using I am sure they would have suggested the right fees to use but you might choose to ignore them. |
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