it seems like we are quite difficult to reach the next number. early preparation take off time was very good. but, the price is now up and down in the $ 10k - $ 11k figure. predicted later this month I think we will not get to the figure $ 15k, do not get $ 15k seems to reach $ 14k we should really work hard hopefully the numbers we expect will come in time.
Nobody ever expected bitcoin to go from $6k to $15k within one month. Only the irrational bulls would believe that bitcoin can climb from $10k to $15k within a few days. I remember someone's thread that was made about that being a possibility, and someone even saying that it is going to be guaranteed. That's just crazy. I mean, what do you expect? After a 100% increase in price there will be profit takers that are trying to cash out, and there are going to be shorters that know this happens every time there is a big pump. That's why price is going down right now. |
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There seems to be a lot of confusion, misconception and misunderstanding about day trading and its advantages as well as disadvantages. Some people even say that it is a form of gambling. In this topic I want to explain why it is not and also address the most common issues which day traders encounter and how they handle them. Thank you for your attention.
First of all, day trading is no more gambling than any other trading. If the price rises you ride the wave, if it doesn't you wait until it does. That's pretty much all. In this sense, if day trading is gambling, then all trading is essentially gambling. Besides, arbitrage is also day trading which involves quite a few trades (actually, twice as many) albeit it is anything but gambling.
Further, there is a question of limited profitability. This question has some substance but it seems that people who raise it don't fully understand what day trading comes down to. Many erroneously think that it is mostly about missing good profit opportunities. In fact, nothing can be farther from truth than that. Day trading if done right is actually about maximizing your profits, not losing them.
Statistically, your best trading strategy would be capitalizing on both short-term volatility and long-term growth. Since most price moves happen in a rather narrow range followed by relatively rare but big price changes, an optimal strategy would be dividing your trading capital into parts, smaller parts for catching short-term volatility, while bigger parts for capitalizing on longer-term growth.
It is true that day trading can lead to people focusing too much on the short term. But it is also true that day trading, if done right, can mean that you are capitalizing on both short term swings and long term gains of bitcoin or other speculative investments. My personal experience with day trading is that I find myself tired out by the constant movements, which leads me to panic sell when the opportunity isn't even close to ripe yet. I'm sure i'm a prime example of an inexperienced trader in that regard. It's no good to promote day trading to everyone, it's certainly not for everyone. But to say that it's no skill and all gambling is a bit too much. It has a lot more luck involved than long term speculation, since pumps can happen sooner or later and you don't know. |
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That's why I think a few presets is more likely than full control. A balance between not having users complain about fees, and not getting into delayed/no confirm.
But a more advanced fee control, that isn't enabled by default, could still be done if they cared to. It doesn't have to start from 0 (which won't work anyway), they can set the low limit to something sensible based on network conditions. Then, they could implement RBF to let the user up the fee if confirmation takes too long (I think they can also use RBF to improve transaction batching). Or they could watch to see if pending transactions get picked up in a predefined period of time. If not, they could stop broadcasting, alert the user and let him pick a higher fee, wait for the tx to disappear from the mempool and then broadcast with the updated fee. This could also be done automatically by letting the user set a range of fees when withdrawing.
If Coinbase cares about the ecosystem at large, not fueling a high fee bidding war is in everyone's interest (well, other than miners).
Well, implementing this will cost them some moamount of money obviously to set this up. To them, all they need to worry about is that their customers are happy with the service, more people sign up, and that their customers pay sufficient amounts of fees so that no major problems pop up with unconfirmed transactions all the time. If they decide that implementing this isn't worth it for the cost, aka if it won't attract more people using their service because of this new feature, then I don't think that they will do it. Even though everyone likes that control over their transactions for sure. |
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Hello,
after how long they released your bitcoin? and, you had to do some other things for let them release your money (contacted them by email or just the procedure for withdraw?)... how much they were holding for you?
Regards
Apprantly OP contacted them on reddit to get their bitcoins released. Anyways, I don't think that ti's a good idea to invest in any of their plans at the moment. Even though they seem to be a registered merchant within China, it is still unclear when I did my personal research whether they are actually mining to get these profits or just running a ponzi scheme. Plus, the crypto conditions in China is pretty volatile and you don't know what the Chinese government is going to do next. Your funds are not going to be safe with them. Their interest rate isn't even that good. If China tightens up their bitcoin regulations, then you could potentially be out of your funds. |
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Becareful if you go to Yobit twitter account. Someone said that there was a giveaway and i got scammed. The twitter account from the scammer is YobitEcxhange.
You can see that the 'Ecxhange' is not well written. He succeed to write the giveaway like it was a message from Yobit.
Don't participate in any giveaway at Twitter. The ETH address of the scammer is 0x6823E76CC93702118Fc241e0c7F8466A85526756
I didn't completely read every comments. The problem is they have a lot of accomplice and everyone post things like they get the airdrop.
But they are from the same team.
The negative comments are at the very end of the comments... And Yobit didn't delete this scammer and friends comments.
I have seen that some other people got scammed too.
If something sound too good, don't participate. It must be a scam. They only want to stole your money.
I think that you're referring to this twitter account here: https://twitter.com/YobitEcxhange?lang=en. The real yobit twitter account is obviously not spelt with a mistype. And it should have been easy to identify this scam, since there was no posting history on that particular twitter account. The real yobit account has lots of updates every time they list a coin. Thanks for letting us know about this scam. If any giveaway tells you to send them money in order to get money back, with an imposter account, then it should be always avoided. Legit giveaways will never ask for your money, especially not 0.2 ETH minimum. |
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You're not taking into account the possibility that: - Ether could crash - Ether mining difficulty could spike over time and result in your returns per day going down - Your contract terminated because of the combination of these two factors which results in your maintenance fee being unable to paid back. The thing is, your cloud mining contract will always start off well and over time, as difficulty increases and mining rewards essentially lessen, you're going to be making out most likely a loss at the end of the day. |
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I love your site - it's well designed yet simple. The light/dark modes work really well as well.
One thing that I would suggest is that if you're not having some sort of chat feature or discussion feature to discuss about the articles, then you're literally wasting your entire domain name of wetalkcoins which is a great attraction.
I like the fact that you have combined essentially coindesk and coinmarketcap together, which I believe is something innovative(at least I haven't seen anyone do it as good as you guys have done it, yet). Keep on developing your product and you'll reap your rewards with a large userbase at the end.
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This seems promising as a project, and I haven't seen any decent exchanges these days due to all the issues that even big exchanges are having such as Bitfinex, Bittrex, and Poloniex. Hopefully your exchange can learn from these problems.
Do you require identification? If so, to what degree and when will you require it?
e.g., most exchanges only require identification for when you are dealing with fiat deposits and withdrawals, while others require identification to even deposit cryptocurrencies. Where do you stand on this? Sorry if I missed anything here.
Thanks
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https://bitcointalk.org/index.php?topic=1324174.0The OP was thoughtful and genuine, but the topic is now over 300 pages long and most of the replies are now mindless and low quality. Plus no one is truly discussing anymore. That deserves a lock, yes? Yeah. I didn't see anyone coming out with new ideas for at least the last 5 pages, even with one spam post that went unnoticed probably because of the sheer amount of spam in this thread: https://bitcointalk.org/index.php?topic=1324174.msg30783460#msg30783460. I think this has been discussed before, and hilarious locked a few of these mega spam threads already. Either way, it's not up to me to decide. Mods may think that there is some decent discussion going on still in that thread to leave it open but imo I don't see any signs of that happening. |
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Just a few things that I've noticed.
1. The rates are extremely low. You're pretty much paying less than neobux for most of the ads, and when you take away all the withdrawal fees with bitcoin and other cryptos, it's probably not going to be worthwhile for anyone.
2. Many ads about ponzi/scam sites. Also a few about cloud mining that could actually be non-mining schemes. I would suggest filtering those out so that nobody falls to these scams and you don't get blamed for anything.
3. Site is a bit too simple, I think some more attractive design is needed.
The PTC and Video viewing market is extremely saturated atm, maybe find other sources of advertisement as well perhaps? People know that they're not getting organic traffic and is less inclined to use your service.
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It's definitely a scam
I have Pac coins on my account that will be useless by match as they're changing the coins.
Messaged support multiple times and no reason why I'd be suspended. I'm active on bittrex and binance among many other and have never had this bs happen.
Need my coins moved to desktop wallet for updates
No idea why you would expect anything else from yobit. If you were going to use them in the first place, then you should have been prepared for the support to do nothing to help you in anything and basically ignore you 24/7. They do suspend accounts randomly and apparently have even suspended accounts that have simply called out problems on their chat. That's ridiculous to me at least, because they're the ones in the wrong in the first place. It's not an exaggeration to call them a scam, at this point. |
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I got stolen $2050 for paying in advance an Antminer S9 a month a go! The guy keep asking me for more money!
I am willing to give half of the money to who going to help me to get him!
please PM me for more chat if you are serious and interested!
thx
If you want anyone to do anything about it, post some info of who the scammer is? Like the profile, etc. Just like Vod said, how do you expect anyone to help you when your description is so vague and nobody knows any details? If you're posting any dox's, you have to move the topic to investigations first. Anyways mate, never send first to anyone, especially if it's to the tune of $2k. That's a hefty sum of money that I'm sure nobody would like to lose. Use forum escrow and you would have been much better off than right now. Don't send anything to him now or meet his demands either. |
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I consider myself as newbie to crypto currency, i observed that if there is news regarding regulation of Bitcoin the price fallback will follow.
Markets are quite sensitive to government news. Reason is that there is a whole lot of people who don't actually know how bitcoin works. When they see that certain regulations are being placed on bitcoin, they panic and this essentially triggers even further dump offs, because others panic too. In reality though, if you're a bitcoin holder, these government regulations are probably not going to affect you. Bitcoin can exist with or without government support, and it can be traded anywhere, p2p. Its function does not decrease as government regulation increases. |
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Yeah, low/med/high fees are the most I see someone like Coinbase implementing. It's simple enough to be usable by casual users, and still gives Coinbase control on the actual fees so that they can strike the balance they want to achieve. I'd say offering "advanced fee control" is also doable, letting those who want it set the exact fee, but I doubt Coinbase would bother. But if SegWit doubles the network capacity quickly enough, and demand doesn't return to December-January levels, even simple fee controls will be acceptable for the following months. After that, we'll have to see if Lightning is any good.  I'd say that the only thing that is bothering them is that they are afraid that people would have tons of issues with unconfirmed transactions. Especially newbies that don't know what they're doing, if they do something wrong then they'll be flooded with a ton of tickets. Also, if people keep on doing 0 fee sends or low fee sends that gets pruned later on, and the funds get reversed, again, that'll lead to an unnecessarily high amount of support tickets being opened. With thaeir already terrible support, that's not going to end well with everyone complaining. This could be easily combated by implementing the low/medium/high fee, which I think is the most logical thing to do. |
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I know it was big arse fall, nearly 75%, but it still feels a little too 'easy' to me for it to be completely over and now onwards and upwards.
However it's easy to discount the sheer number of extra people involved now compared to the end of 2013 and their varying strategies. There are many times more people chasing a number of coins that hasn't changed.
I completely agree with this statement. We are seeing a surge in numbers in terms of long term holders, which is completely different to 2013's speculative bubble. But to say that it's completely over and we're going to increase in price for the entire year after this seems a bit too dramatic. I'd be carefully optimistic, for the moment. Even if this turned out to be one of the last 'dead cat bounces' of bitcoin for the time being, I doubt that it's going to crash under $10k again, when and if it comes to the dump. We should continue our way up for now, potentially to $15k or beyond even. |
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BTW I am curious to know how much did you get charged in fee to do the transaction? Easy to calculate, no? It was 7-8 sat/byte, and a typical 226 byte transaction, so in total about 0.000017. I wouldn't call 0.0002 - 0.00025 fair. That's 90-110 sat/b, which is very expensive and not too far off from what they took in November or early December. But the 7-8 sat/ byte is still high because there is no traffic in the memepool so we can use 1sat/byte If I could choose I'd go for 2-3 s/b, but 7.5 is still far better than anything they offered in recent history. It's not too bad considering they aim for the next block, even if 5 s/b would suffice for that. I still think they should offer the user some fee control. Not everyone cares if a confirm happens in 10 minutes or an hour. Agreed. Since they send with the exact sum of fees as they charge you, they should clearly just allow the users to set their own custom fees. For instance, if people want to get their transactions confirmed quickly then they should be able to set a high fee, higher than recommended even. But if people aren't in a rush they should get the opportunity to set a low fee, especially if it's a small amount. I remember that coinbase fees when I still used them was around 400 sats/byte, which is industry standard. Good to see this come down. The recommended fees have come down in other wallets as well, not just Coinbase. I wonder if they subsidize transaction fees now or it's still the same amount they actually pay, though. |
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Unfortunately, most of the banks are not trying to do this.
Instead, they are trying to block out all cryptocurrency noise possible. For example, some banks such as Wells Fargo I think have even discriminated against their account holders by not allowing them to send the funds received by selling cryptocurrency.
I think that a lot of corporations already have started to use cryptos, as an investment but not as something they'd use in everyday banking.
Whoever catches on first, will be the future leading of the banking industry. Period.
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It's confirmed now, they do it intentional and there are no technical issues at all.
I did another withdrawal of a small amount of 1.6 BTX to the same address. This went through. Another withdrawal of 220 BTX is stuck in "processing" for almost a week now. They keep higher balances artificially stuck in either deposits or withdrawals and are collecting the airdropped dividend of 6% every Monday, I have no longer doubts about this. The same is the case for DeepOnion which pay around ~3% in their "airdrop" every Friday. Shame on you, Cryptopia. You are thieves and it is proven now!!!
Yeah, shame on them. If they can produce a small withdrawal why can't they produce a big one? Either that they are really undermanned in their security department that processes all the withdrawals, or they are doing this intentionally to screw you over by getting staking/lending/trading profits on your coins. Or even worse, they could be insolvent as I've said. This is stupid for an exchange to do, they put so much time and effort into making and marketing their exchange & dotcoin, but now it seems to be all crashing down with this volume of complaints. Would be nice to get an explanation from them at least. |
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Putting out a warning to all:
Darkstar is a very competent campaign manager and if anyone buys this account and there is a sudden change in posts, he'll definitely crack you down and ban you from the campaign. Thus, your newly bought account would be useless.
Don't buy the account. Just cause it's in chipmixer doesn't mean that you can get away with purchasing one without the campaign manager or any other members noticing and tagging your account. Plus there is a high risk that you'll get scammed by OP as hacked accounts without signed messages are quite common.
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An active day trader myself (sort of), I often think about common mistakes people make in trading. And it seems that I have traced back most if not all such mistakes to their root cause. In a nutshell, it all comes down to being unable to back out if something goes wrong. For example, you buy a few bitcoins at a December high and expect the price to continue rising, which is kind of obvious. Instead, the price starts crashing down and you find yourself in a situation that you didn't envisage or consider beforehand. So your best option would be to bring things back where they were as fast as possible even if it means some loss.
It is not so much about placing dumb stop-loss orders or other trading techniques aimed at minimizing losses as about your mental disposition or general attitude to immediately get out of what can be loosely called a decision limbo when you basically don't know what to do. In other words, search for the exit where the entrance is and do that fast.
I don't really get what you're saying here. But I'm assuming that you're saying that people should ready themselves for anything and even if when SHTF they have a clear strategy of what they want to do instead of following their emotions? If that's true, then yeah. It's definitely one of the skills you have to have trading and speculating on bitcoin. It's all psychology. If you bought in december and sold in January, then you would have made out a 70% loss. It's tempting to sell when markets are tanking like that for sure. Either have a stop-loss, or just hold it through, and unless you really need the cash or in some extreme circumstances, don't liquidate your position. That's my strategy at least, dunno about you. |
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