I believe cloudmining should bear the responsibilty to resend you another transaction if the earlier one gets rejected by the network. It's not a problem at your end as long as you haven't receive it.
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People would like to believe in anything and call anyone a god when they run into crisis. I think overall it normal or that is what mankind is all about.
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The folks steering the ship really need to start looking beyond their own little techno bubble and think about how things look to the billions of potential users out there.
This something that I really agree. We always expect when there is no more block reward, price of bitcoin will rise accordingly so that the fees are enough to cover. But what if it doesn't because there is no demand and bitcoin is still used as a hoarding tool and pay for tips and cups of coffee. Obviously i didnt put it well into words but OP definitely did a good job to elaborate in details.
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As of now use of the word investment is more relevant compared to currency. I don't see a reason why for a person needs to exchange to bitcoin on some legit items when the person can just pay in fiat. All those people holding to it are basically waiting for the price to go up. And the word moon says it all
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I remember having seen before a thread about arbitraging using custom made scripts and it involves holding different altcoins in several exchangers. Basically the bot will perform tx on your behalf but it also means holdjng sizable amount of funds to even generate a decent return.
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I wish there is some way as well. Just like you i have my stash sitting there doing nothing. However if you weigh the risk you would have to take to generate that some extra coins, it would still be better if you would have left it there doing nothing at all
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To say the least bitcoin is also vulnerable to fluctations. You can't expect people to exchange to bitcoin when economy is bad because it is also exposed to all these risks. Imagine people who bought at 280 and putting whatever they have and now at 230, you can imagine how much they have lost. Bitcoin as a hedge and safe haven? Not at this point.
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It is more towards the exchangers part but not on the usability. If you have atm which you can just put in the money and you get your bitcoin this is far better than going to exchanger, register an account, give all your info, scanned passport, that would turn people off as it is too complicated
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Sometimes it is better to ride the wave than to go against. Some people prefer to place buy order at low levels and cash in on any quick recovery due to strong fundamentals of the currency. While others prefer to just sell and follow the trend
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Well if two atm machines located at two different counteries and that will facilities easy cross border transfer of funds, then i would say it's yes that it will lead towards mainstream adoption.
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And yeah people refused to accept the fact that there is nothing wrong with the system. And even with what is happening right now, they still maintain that it's alright. I hope it doesn't affect the price in days to come
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I would rather pay extra and confirmed getting the amount of btc that i paid for rather than throwing away blindly to cloudmining. You don't pay money to people to run your business and in the end, give you back all the profit.
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Current direction it is heading towards, i can imagine it would fail big time. When it was supposed to be the greatest invention ever made becomes an epic flop.
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I hope that gets reflected in the real scenario. Eventually people will start to see the real rational behind it and go for XT. Or we just need more free coins dropped from the sky to prove something.
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Which account? Whatever btc amount contains in your wallet represents how much you have. If you want to get the value equivalent in fiat currency, just do the conversion.
Edit. So it's your forum account. Just do a forum search and get the estimate from what other buyers paid in the past. It shouldn't be more than 1mbtc
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In terms of functionality the core and other wallets will be almost the same but it's waiting time for it to sync that actually makes the difference. Even not accessing it for a week will take time to have it fully synced. That's what happened to me.
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There are quite a number of coin mixers around and one of them is in my signature. On the site it explains well on the rational why mixing can help to make traceability gets harder.
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Downloaded and played it. I must say it's very addictive. There are skills involved on how you can grow quickly and split or spit at the right time. If only bitcoin tipping and reward is fully integrated into it.
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Then look for other options. I'm sure there are long list of methods which may not be necessarily secure but at least protects our privacy. I even don't mind oaying a little extra as long it meets my demand
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It's good to see bitcoiners playing their part to promote bitcoin. Nevertheless whether he wins or not at least he brings bitcoin name to the news and for attention. At least this one is on the positive side.
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