This just happened with me as well.
I deposited 11.72371116 ETH from my Bitstamp account to ETH deposit address in YObit at around 3 pm EST on 2/19/2018 but it didn't came through on YObit. I received a confirmation email from Bitstamp that it was transferred from their end but I did not see it come through in YObit.
Yobit apparently does not accept deposits through smart contracts. Bitstamp apparently sends ETH through smart contracts, and that is leading to yobit not being able to credit your deposit automatically. Nothing you can do on forum, because yobit doesn't really look at bitcointalk anymore. Apparently sending a ticket through with russian will be more productive, I don't know if that's true. They'll have to basically verify your transaction manually and credit it. But yobit is a horrendous exchange that nobody should use anyways. |
|
|
|
|
The thing that is bothering me is that they seem to not care about resolving old disputes, instead they start listing new coins first.
That is unacceptable. As an exchange you have the responsibility of taking care of customers satisfaction in your exchange, not just listing new coins and making a profit from listing fees as well as trading fees.
I very much suspect that they are insolvent. I don't think that they're exit scamming. That's just my speculation, however.
We can only warn people to not use them, not much else we can do.
|
|
|
|
Hello guys.
I'm very very far from making some kind of cash-out, but i was just wondering... How do you handle the thing of being forced to give your personal informations to exchanges to be able to convert your cryptos in fiat and transfer them on bank?
For how i see it there it's a very high possibility (if not certainty) that exchanges are selling the informations given by their costumers... and anyway there is alway the risk that they get hacked.
Knowing this, why you handled your ID and documents to exchanges? making some money it's enought to compesate the risks for you? do you use some alternative way to cash out your crypto?
For me, giving bank coordinates should be enough to allow people to cash out... The worst that can happen in that way is having your bank account hacked, but in these cases the banks give some warranties and some kind of protection/indemnity...
I don't see the necessity to provide an exchange with photos, ID, bills etc...
What do you think? do you think this system will change in the near future? what alternatives do you have?
I do feel uncomfortable with handing over my ID with exchanges, which is why I don't really like exchanges which force you to verify yourself that much. However, sometimes it's the regulation of the countries. And yes, some of the big exchanges are indeed licensed exchanges in a country. So they'll have to follow the rules. If you aren't comfortable either, then just don't use exchanges or even get a friend to do it. If you're wiling to trade a 3-5% reduction in fiat payment for your privacy, then you can certainly find a lot of buyers on localbitcoins willing to take your bitcoins for that kind of price as well. |
|
|
|
It's his opinion, after all. It's not something that's going to happen, 100% guaranteed. I think that there is a chance that this may happen. It does not mean that it's going to happen at all, though. His opinion is probably not going to influence the market that much, meaning that the theory of him wanting to make a quick dollar by saying this kind of bullish news is probably not true. $40k is nearly a quadrupling of the price, and I personally haven't seen any investments be able to sustain hundreds of percent of growth for 2 years in a row. Bitcoin should be no exception. Alts come and go, they are quite irrelevant. |
|
|
|
Currently, Bitcoin is valued at $11,826 and rising. Is this a good time to buy small chunks of Bitcoin, such as 0.1 or 0.2 BTC? On one hand, people buying now are buying very high. But what if it doesn't dip again to under $10,000 this year and just keeps going up?
I always suggest to people that they start buying as soon as they can, but don't ever go all in. Try to buy in portions of around 0.01-0.02 BTC per day/week, so that you're effectively cost-averaging. Otherwise, you may find yourself in a really good position in buying at an extremely low price, or you could be looking at buying at quite a high value and having no choice but to sell your position at a lower price later on when you need the money. If you effectively do dollar cost averaging, that means that you're spreading the risk. You're essentially reducing the risk of buying at a much higher level, for the long term. |
|
|
|
I predict $25k
what about you guys?
Not going to happen this week. We have not seen anything like that kind of growth even in the bullish periods of 2017. So it's definitely not going to happen this week, within a few days. It would equate out to around 20% per day growth. Bitcoin is just slowly making its up right now, doesn't mean that all of a sudden it will double in market cap and value. All time high could be possible this year, given that the bullish trend continues throughout the year. But you need to give some more time than just a few days for that matter, in fact, I'd say that the minimum would be 1-2 months of bullish activity in the market. |
|
|
|
how do you predict the bitcoin price in the month of March?
I expect a slight pullback because we've been bullish around 1 week in a row. As shown by numerous corrections that happened last year, when a bull run happens like this it usually will have an adjustment in price following it. I doubt that we're going to continue this kind of bullishness into March. In the later half of March after the correction is finished, though, it could be a different story. We could be looking at touching at $15k once again if the conditions are well, and there isn't a lot of bad news surrounding BTC. |
|
|
|
|
Same, I think that yobit doesn't support deposits by contracts yet.
These kind of issues are to be expected with yobit. They are pretty much one of the worst exchanges around and if anything goes wrong, I have no idea what else you should expect other than the customer support straight up ignoring you.
People have been warning about others about this exchange forever, and others still continue to use it for some reason.
Their account on bitcointalk hasn't been active for a few months as well.
|
|
|
|
I´m tired of hearing the argument "but Bitcoin wastes more energy than
a whole country..." all over the mainstream media.
Here are a few reasons why the energy that is consumed by Bitcoin mining is not wasted:
1. The energy that is consumed by Bitcoin mining is the foundation of the security of the network
2. Proof-of-work is superior to other consensus algorithms like Proof-of-Stake and offers less attack vectors
3. Fiat currencies are supposedly backed by the power of the state... meanwhile the US military consumes more energy than Bitcoin mining per year
(this is a comparison of the military of a single country compared to a truly global currency)
4. No one is talking about the enormous costs of transporting fiat money, securing it and printing it in the first place
5. The mining of other commodities is extremely energy-intensive as well
If you take all these factors into account, Bitcoin may actually be less energy-intensive than traditional
fiat currencies. Besides, many mining companies have set up their operations in countries with an abundance
of renewable energies like Canada or Iceland. The days where Bitcoin was solely mined in rural Mongolia and China
may finally be behind us.
There are entire countries that are basically dedicated to the mining industry, to get gold and silver or other commodities. Fiat currency printing presses are running 24/7 as well. People act like that energy is the primary argument for not investing or adopting bitcoin. But then they proceed to waste energy in their own homes. For sure, this energy use can be optimized, but people have been exaggerating it and also been using it as an argument against bitcoin. Which I personally think doesn't affect the world as much as they think it does. |
|
|
|
Price increase??
Or decrease??
Or nothing??
How about your opinion?
I think there will be a little bit of price up coz Chinese investors should purchase some Bitcoin after coming back from their holiday.
I think that prices will first decrease, then increase. We're in the decrease stage right now. Why this happens is because the Chinese New year event has generated so much hype that when it dies off, people will question whether or not it actually had an effect on the market and sell. But in my opinion, Chinese people will have the chance to purchase coins after the Chinese New Year, and they'll probably be a lot more confident coming out of the new year seeing the prices increase like it has and buy instead of before the CNY. |
|
|
|
As they say Gold $30,000/ounce and Silver $1000/ounce.  People are seeing Bitcoin at $100,000  Bitcoin will reach $100k. Eventually. It's probably not going to happen within a couple of years, stuff like that just doesn't happen. Hold it long term and you'll reap the rewards. When everyone starts to adopt bitcoin you'll see that price of bitcoin isn't even important. What is important will be the purchasing power of bitcoin, and $100k purchasing power per bitcoin isn't gonna be a dream when everyone's using it and there is only so many in circulation. Commodities such as gold and silver are quite undervalued right now. They're a part of my investment portfolio. Make sure that if you're investing in gold/silver you're not investing in paper positions, instead by physical. |
|
|
|
A lot depends from your bank, and your country.
There's no point in using LBC if you're living in the US or the EU. It's cheaper to trade with a normal exchange.
In the UK if you're in a hurry there aren't many alternatives. There are no exchanges with rapid banking. I'm not sure what the deal is with Coinbase and cards, but if you do a bank transfer to them it has to go to Estonia. When I used LBC in 2013 it was a lot more casual than it sounds now. I wouldn't have too many issues buying on there. I really don't think I'd ever consider selling no matter what the method other than cash in the post, not deposited in a bank. Scammers will only become more creative and skilled. I'm finding this whole thread a tad weird. People still do stuff with Paypal and BTC? Same with in my country. There are bitcoin exchanges but they aren't quick and the ID verification process isn't that desirable to go through either. Thus, localbitcoins is pretty much the primary way I get and sell my bitcoins at least. And yeah, Paypal and BTC on any platform is just not going to mix well. It's not just paypal with localbitcoins. It's paypal on any platform, with the seller paying in bitcoins. Since paypal is reversible, and bitcoin isn't, there's a high likelihood something bad's gonna happen. |
|
|
|
As much as I would like to believe you, as you're still a new member to the community, and you're offering a service in which you need other people to send first to you, there isn't really much of a safety net for anyone here.
I would suggest building up a solid reputation, which could take a while, or use your own money to buy the tokens and and use escrow, before you consider offering this service to anyone. For example, if someone wants to buy x amount of tokens, you're essentially selling them the tokens with funds escrowed at a higher price. If you get what I mean.
I don't think that there would be much of a legal issue this way, since it's just a trade between 2 parties.
Consider what i'm saying. Otherwise nobody will use your service. Furthermore, try to reduce your fees.
I have considered several times what you say, and put myself in an investor's shoes too. I have another account here (Full Member) which is about 6 months old and has a few trades and green feedback, but I chose to make a new a/c for this service to protect myself. I am happy to try and provide some comfort/proof to individual users, however I just prefer not to post too much information in this public thread, and encourage anyone who is considering investing but shys away due to mine being a newbie account, to contact me and see if you feel comfortable after a conversation. I am unable to purchase with my own funds, as often do not have the liquidity to provide the service if I structure it that way. there are already three people from this forum who have used/are using my service since I originally posted this thread. I believe 2 of them have posted feedback above. its a shame that they too are newbie accounts with no history, but I suspect they were also created for this purpose to protect identities. thank you. Hey, thanks for the response. If you could get something going with you using your own ffunds to purchase, then I think that there is going to be a lot more people interested in your service. Why not publicly post the proofs that you're talking about here? That'll make your service seem more transparent as well. TBH, you should have just used your full member account to post this service. No good using an alt account, it sort of makes you look bad as well since it looks like that you have something to hide. Plus, there is no rep with this account. I just don't see people trusting a new member with a minimum of $500, that's all. |
|
|
|
After the craziest and the most desirous wave that took place when the value went above $20k, we experienced the most awaited and whacking collapse watching it drowning under $7k. It was worst, but had a hope that nothing could go nuts and that we'll see those days when it'll start gaining back once again after fighting the denials of Governments. I believe now is the time. It has gained back more than 50% in a few days and I'm hearing that it'll be more than $25k till mid July.
I think it's the best time to invest in Bitcoins (if you see it as a safe-haven asset and are interested in much better gains than keeping your money in banks). I won't ask you to put too much, but for an average person - I believe that $500 shouldn't be a big deal to invest as the risk-to-reward ratio here will be much higher compared to other assets available.
Best time to invest is if you bought the dip... Though right now is still a decent time to bet on BTC going up long term. I really do think that markets have matured enough, and that we're probably never going to see BTC under $5k again any time soon. The pullback was really expected, but the dump got the weak hands going absolutely bananas. People posting about why BTC will go down to $20, even. That kind of thing happens when BTC is crashing, but never happens when BTC is rising up. Don't trade with your emotions, because after a dump will always be a pullback, and that is now. |
|
|
|
I stumbled across this while looking for some asic miners, is this legit? Seems a bit too good to be true, what are your thoughts?
Anything that attempts to sell you miners without having actual accreditation or at least proof that they have a certain stock, is a scam. When they use generic stock photos it usually means that they don't have the item that they claim to have in stock. Take a look at the first 3 pages of service discussion, you'll see lots of these sites. Now, they're all under different names, but it's the absolute same concept. Some even have the same template. The reviews are nothing but negative. Besides, take a look at this site: http://www.store-asicminers.comExact same site, different domain? Obvious scam to me. |
|
|
|
|
Can confirm that on the pac blockchain explorer you can see incoming transaction of 725000 pac.
I think that a screenshot or two will be much more helpful instead of copy pasting, though.
Besides, if it's accepted, then it should mean that the balance is credited right? Have you taken a look at the history?
BTW, yobit won't respond to you just because you put this out there. Their public bitcointalk representative has not been online since December last year, and probably will not be monitoring anything. Even if they are, they're not going to take any action based on their track record. Sorry to say, but you're in a sticky situation here. Good luck, cause you'll need it.
|
|
|
|
The best manipulation is the one exercised by ourselves, while there is not doubt there is manipulation in the markets the truth is that when the price goes down people cannot stop worrying since they have a lot of money invested in bitcoin this in turn creates FUD and when the opposite happens and the price goes up people are very positive about the future and this creates all those positive comments you see.
Long term holders don't really care that much about short term pricing. So they're definitely not the ones "FUDing" in this case. What I .personally see is a flood of negative news coverage from major sources, such as bloomberg, cryptocurrency news sites, as well as a surge in the amount of negative/pessemistic posts in speculation that leads to other people panicking. And miraculously, after bitcoin bottoms and price starts to climb back up again, all these regulations are not a worry anymore and bitcoin is clear for takeoff again. Just make sure that you are aware of these trends and don't get sucked into buying high and sellign low. |
|
|
|
With the current rise in bitcoin prices there may have been a lot of profit with bitcoin purchases at around 80 million, do you still hold or sell them today?
I would hold. The ship's steady right now and I think we may be taking a charge at $11k. Floor is $10k, we're probably not going to go down below that figure for a few weeks. So even if $11k proves too be too strong to go through at the moment, it's just going ot be a small correction. I don't see a major crash coming. If you need the cash, then sell. Otherwise, if you do have your BTC as an investment, then hold. If it's short term, set yourself a target at around $13-14k to sell. If it's long term, then don't even worry about the price imo. |
|
|
|
|
Nice analysis...
I do think thta you're right in saying that $11k will be a major resistance and would signal a trend reversal. We haven't seen a lot of activity in both ways today, but rather the price is down -.01% at the moment which is pretty much stable from the last 24 h.
Floor should be $10k, otherwise BTC would have crashed through that yesterday/today.
We're going to be in this little area for a while I suppose. Until the trend goes either way.
|
|
|
|
I can't say I wasn't surprised to see bitcoin at 10800$ this morning  $10K psychological barrier seems to be broken, there is no sign of bad(fud,fake) news and I think we are heading to new all time highs. Do you share the same opinion? Join poll. Too early to tell, in my opinion. Yes the markets are bullish, but doesn't mean that this can't be a bull trap and people who buy in for the short term gets f**ked in the ass. But it's looking great so far, no more FUD which is a positive thing for sure. And with a positive news or two, I can see a new all time high coming. Won't be this month though, expect price to stay where it is at the moment, give or take a few thousand dollars. If a new all time high is coming then it'll most probably be somewhere around April-May. |
|
|
|
|
Show Posts
