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2701  Bitcoin / Bitcoin Discussion / Re: Why all the freakout about Bitcoin's price? on: February 07, 2018, 08:34:34 AM
1) I generally only worry about Bitcoin's price when I want to buy a gift card or something. And even then, converting to fiat is someone else's problem in this scenario.

2) I can go weeks without opening up my wallet or checking the price, so it's not like I'm addicted, right? Right?!

3) Buy, hodl, buy, hodl...

Cause a lot of newbies in this space think that it is rare to have such big of a crash, and they are panicking because they've invested in bitcoin with more than they can afford to, at a price that was already 50 times 2015's prices.

People are afraid of losing out when bitcoin is going up, but they are also afraid of losing money when bitcoin's going down.

So even though the price of bitcoin seems to be extremely cheap at the moment, a lot of people are dumping at $6k, which is the bottom at the moment. Which makes no sense to me because most of these guys probably entered way past the $10k mark.
2702  Economy / Service Discussion / Re: Hasflare not responding against payment for order on: February 07, 2018, 08:08:50 AM
Through this post I wish to raise my bad experience with Hashflare:

On 13th January 2017 I ordered for 25 MH/s for Scrypt Hashrate at Hashflare. Towards this I made credit card payment of US$ 194.75, The transaction was completed successfully (confirmed by my credit card company),  however the Hashflare site is still showing the order as pending. I raised the issue by submitting my concern to support (Request No. 112099). It is very alarming and disappointing that even after 2 days there has not been any resolution or response to my concern by their support team. I find this very unprofessional. Wonder if I have lost the amount to Hashflare.

What should I do to retrieve my money or get the order executed?

Why did the transaction not go through successfully in the first place, though?

I get that they're trying to refund you now, but that means that they've already received the transaction on their end, but for one reason or another they are not willing to fulfill your order, but instead refund your purchase.

This is a good thing though because I think you made a misinformed choice to purchase a mining contract with hashflare. They are not the most legit cloud mining out there and they're very rarely going to be profitable for investors. Get your refund and don't go back.
2703  Bitcoin / Bitcoin Discussion / Re: Hi... I lost $9500 on yobit dice now. I am despair please make me advice. on: February 07, 2018, 07:56:38 AM
If you're expecting donations here: Don't bother. Nobody is going to help you out financially, unfortunately (unless Bipolarbob for some reason decides to feel generous as hell). We've heard tons of stories like this.

When you make the decision to gamble, you first make sure that it's something that you can afford to lose. Otherwise, scratch that idea and don't even bother. Especially if you're gambling on credit, because if you lose you're in debt. Even if you lose everything you've got is better than being in debt.

Fortunately, though. There is still hope. It's far better to get gambling addiction addressed early on in your life than to leave it out and try to figure out a way to stop gambling later. Stop right now, get a job, confess to your parents or whatever, see if they can help you out financially. Yobit support won't give a single shit about your support request.

ps, move this to gambling discussion please. It does not belong in bitcoin discussion.
2704  Economy / Scam Accusations / Re: YoBit Scammed 10.1 ETH - SENT and never CREDITED on: February 07, 2018, 07:51:04 AM
What happened::
It's sad that my first message on this forum is a scam report, but alas  Sad
On Jan 15th I sent 10.1 ETH to the automated address generated by my ETH wallet on Yobit.
(addr: 0x7b5019c816a4cac43529bac1ac63e49590bbf67e)

They were never credited. Subsequently, just to try if it was a general delay with Yobit, I sent a small transaction - 0.1 ETH and the wallet generated another address. This time the funds arrived timely.

Of course both times I copy-pasted the wallet address and checked it multiple times.

I contacted support and a week later I received a 1-liner: "check your transaction". Really? Do you think I didn't? I'm posting this here so that the whole world can check.
Scammers Profile Link:
https://bitcointalk.org/index.php?action=profile;u=406594
Reference Link:
Amount Scammed:
10.1 ETH
Payment Method:
ETH transaction
Proof of Payment:
ETH Tx Hash:
0xb9484c29705ddb0284a4b91c97f34457ed2ec93c6fba6d5b42fb473600a8a148
PM/Chat Logs:
This shows the support tickets I have opened and that were never answered
https://imgur.com/a/MPup7
Additional Notes:
This seems to be exactly the same situation described here:
https://bitcointalk.org/index.php?topic=2831618.0

What's happening with Yobit? Are they hoarding all the ETH deposit above a certain threshold?
Where did you send the other 0.1 ETH? There is only one 10.1 ETH deposit into that address and nothing else. If I interpreted it correctly then you copy pasted the same address and sent it, and yobit apparently approved the second transaction?

Maybe just clarify your situation a bit more and provide some proof.

But in this case, you have absolutely 0 proof that the address you're talking about here is one of yobit's, since you've already generated a new deposit address. Unfortunately I'd have to say that if you did deposit to the right address, and you're sure that everything is in order, your chances of getting back your funds are not high. Yobit is reluctant to any sort of in depth analysis to help their customers.
2705  Economy / Service Discussion / Re: In need for exchange site on: February 07, 2018, 07:44:52 AM
Greetings!
 I've been looking for an exchange site like Coinmama. I am located in the caribbean and my country its not supported by Coinbase. I tried Kraken but didnt work for me.
Any help?

Depends on what payment method you're willing to do.

If you're using credit card then Localbitcoins isn't going to be the first option for you.

Honestly the rates are just too shitty to be desirable on there for credit card payments, sometimes you'll be paying a 20-30% markup on top of coinmama rates, which are already marked up heavily.

Since you're located in the Caribbean, try localbitcoins and instead of using credit card, use international SWIFT transfer. It's going to take a while more but the rates you get will be far more desirable than credit card rates.
2706  Economy / Service Discussion / Re: Huobi btc deposit issues on: February 07, 2018, 06:51:13 AM
Hi peeps

Im having trouble with huobi and i am a bit concerned now.... I have waited 6 hours for my btc to arrive into my huobi btc exchange but it is still not showing. It has already 14 confirmations on blockchain.info

Under deposit history it says the exact amount of btc transferred but under status... it is blank.

Only in details it shows the transaction id: d9dc6260e6553037b972df81d80edd9d2598c45a9860989e80dc1bac740f2db6

This is the address I deposited to: 1F2MVLjfAZtFfaYVMQysN8YhCozwURJXqs

The address is correct as well as id.

There is no history of any withdrawals and it doesn't show the btc in my balance.

Can anyone help?

I tried emailing them but of course no reply. I really anxious on what has happened

Seems like that you have sent the transaction today just a few hours ago.

These sort of problems where transactions in an exchange are lagging behind is quite common. If you are sure that you have indeed deposited to the correct address then there is really nothing to worry about in this scenario.

Don't panic too much, wait for a response first. It's only been a few hours and you can't expect support to handle your ticket within a few hours just like that. It's not real time or anything.

As potato chips said, only the Huobi support can help you.
2707  Economy / Securities / Re: Crypto Index Fund on: February 07, 2018, 06:41:13 AM
hi all ,

anyone knows of a crypto index fund that I can visit face to face in asia?

I would like to invest but I just wanted to know the people who are doing it.

thanks


Nope. Most of these securities funds are going to be run by anonymous people, or people in Europe. Especially with the bans happening all over in Asia, the projects that I have seen are all incorporated in loose-tax countries.

For instance, Crypto20 is incorporated in the Cayman Islands with no address.

https://crypto20.com/en/ they had a very successful ICO.

This and also there is one on the bts platform as well. Both of these should fit OP's needs pretty well i think and as long as he is comfortable with people holding his funds and doing whatever they want with it, then i see no problems with crypto20 or bittwenty on bts.

If you're really going to invest in cryptos, why not actually hold your balance yourself, in a private key, and have the peace of mind?

Use a multicoin wallet like coinomi or exodus if you really needed to. At least you're not handing control over your funds directly over to a third party that you don't even know exists or not.

Knowledge of how to store altcoins safely isn't that common. At best most of the folks trust an exchange to keep their coins safe. I believe that's why a requirement was posted by OP.

How is it not that common? Conducting a quick youtube search will be enough alongside your common sense. The chances of you getting hacked is much lower than one of these funds exit scamming, if you store your coins even on a desktop client.
2708  Economy / Speculation / Re: Are there any optimists left? Is $100K still possible? on: February 06, 2018, 10:19:36 AM
Are there any optimists left? Is $100K still possible even by 2020 or 2021?

It is possible. Nobody banned that from happening, but it'll be harder now that people's got a taste of what bitcoin can really do after the jolly rallies are over. I guess it's a good thing, since a lot of bitcoin noobs just came here for the money and they learned it the hard way that bitcoin is not a guaranteed investment to make money constantly off.

I would say that in 2021 we'll experience a huge spike in price once again, but the magnitude just won't be as big. I can definitely see bitcoin going back up to 5 figures if it crashes down to 4 in the years between and stays there.

No idea whether $100k is going to be hit. It's obviously possible and is only around 5x from the ATH, but that would be a huge effort and a 20x or so pump.
2709  Economy / Speculation / Re: Bitcoin Can Pump again in this Month(February)? on: February 06, 2018, 09:55:44 AM
Somehow I known that every years first month bitcoin falling down, and then finished the January months bitcoin go with his own speed. So, first month (January) end, now 2nd month of the year 2018. Now can be rise as like 2017? or few months ago.
How says expert research!?

We're not off to a good start so far with all the reds.

However on the bright side, price is likely going to be reaching the bottom soon and there won't be at least as big crashes as before. In fact the chances are that bitcoin is probably going to start recovering soon, after this massive dump off.

And it's definitely possible for this to happen in February, if not february then probably March.

Though even if it does pump, it definitely won't break the all time high this month.
2710  Economy / Service Discussion / Re: New Crypto-Friendly Bank Accounts (From Wirex). on: February 06, 2018, 09:20:22 AM
Hi Legaulois. We aim to launch within the next couple weeks and plan to make an announcement about it very soon. We appreciate your understanding to why we wont be launching an ICO. We look foreward to providing you with a crypto-friendly banking service very soon.
Which countries are/will be restricted from opening a bank account? i would appreciate if you could share a list of countries you won't be serving(i hope my country isn't one of them). i'm very much interested in opening a crypto-friendly bank account.  Smiley
'available to dozens of countries around the world'

That's a really low percentage of countries that it'll actually serve compared to the total amonut of countries that are in existence. So I really think that it is proabbly just going to be restricted to the EU, and I doubt that it's going to come to the US.

The idea is great, but what we really need is this, except to all countries. Which I know isn't going to happen due to regulations, but people will read your advertisement and be really pumped, before realising that the country restrictions apply to them.

Good luck with this though, and I've seen Wirex improve their service over the past few months which I appreciate.
2711  Economy / Speculation / Re: $6200 I'm buying on: February 06, 2018, 08:52:06 AM
Ok, so this has gone on long enough, I've been short most of the time, but I'm buying all I can here ! Let's go! At least back up to $7200

It's going to be hard to continue this bear trend for long. Especially if we have seen basically 70% of bitcoin's value lost after just a couple months trading. And that's not even taking into account the fact that bitcoin has went down pretty much 50% within the recent weeks.

I think that people are getting real panicky here. Especially those that haven't been involved with crypto until the entire hype has started.

People have to start realizing that as long as cryptos exist, these sort of crashes are to be expected. But even with that said, I feel like that due to this panic and worrying of government regulations, bitcoin can be classified as being oversold at least in the short term. Should be able to get up to at least $7000-8000 if you're willing to make a short term trade.
2712  Economy / Service Discussion / Re: Stable exchange? on: February 06, 2018, 08:46:14 AM
Bitcoin price might be taking a deep dive and we can just speculate about when a rebound will occur.

With this dip, how would exchanges fare? Would this cause exchanges to declare bankruptcy? Which of the top exchanges do you think, is stable and can withstand a really deep bitcoin price dive?

All exchanges do is simply provide a service where people are depositing and withdrawing from their platform. They handle the trades and all that and take a cut from each of the transactions that people take on their site.

They take on absolutely 0 forex risks if they are running a full reserve, which is what the exchanges are supposed to do.

The only reason why they would be bankrupt would be that they are running a fractional reserve, and have speculated on bitcoin going up without the permission of the users. Otherwise, they won't be affected whatsoever by the crash of bitcoin, apart from a dive in fiat revenue.
2713  Economy / Exchanges / Re: The Houbi Cryptocurrency does not refund deposits on: February 05, 2018, 09:53:44 AM
Dear cryptocurrency community,
 On January 29, I deposited 90usdt to the usdt wallet on Huobi but did not get credited. After that, I saw the note line is very small and very hard to see. it is required for minimum deposit is 100usdt. I deposited 20usdt more. But they still don't get credited into my account. I sent a support ticket to ask them get credited into my account or refund to me. They answered that the deposit is less than the minimum amount. So they refused my request. This is a absurd thing that I never met with any another exchange before. They made me got mistake with the note line that was hard to see and refused to refund to me even when I deposited a larger amount of money than they required. This is a bad experience. Again, I ask Huobi for a refund to me. I will send this warning to many forums and online newspapers to help people stay away from this exchange. Here is my address, you can check: 12KNZnFs51e2oZwxiMJ3e6PTK1zuxEb88K Does anyone have the same problem like me?

They should refund you. They haven't made it clear whether this minimum is imposed on the accumulative amount before the amount is credited to your account in one single deposit, or just one single deposit. You've got 110 Tether inside your wallet, which means that it is bigger than the minimum.

If they are worried about transactions fees then they should just say so and deduct the extra transaction fees from your deposit amount.

Just taking it and not agreeing to give it back is just ridiculous. At the end of the day, the funds are confirmed at their address and they have full access to it. Even if they can't credit it to your account, at least refund it.
2714  Economy / Service Announcements / Re: Exchange BTC LTC DOGE PAYPAL on: February 05, 2018, 09:40:45 AM
Bitcoinlobster.com -> Exchange here bitcoin to litecoin Or dogecoin And otter side

I really find it surprising that your site apparently has 380 BTC in reserves, and 274 LTC or so alongside a few thousand dollars in Paypal funds, yet you guys cannot afford to pay a better designer to do your site design.

It's not compulsory, but I would like to see a signed message from any of your bitcoin cold storage addresses that holds more than 100 BTC. This would greatly boost the public's trust in you as well.

Your ANN is way too brief to make an impact on the advertisement side of your site as well.

There's a ton of automated exchangers out there, so you'll have a great deal of competition. You'll need to have lots of advertising before your site actually takes off.
2715  Bitcoin / Bitcoin Discussion / Re: WARREN BUFFET says Bitcoin won't end well on: February 04, 2018, 09:09:02 AM
What is your  opinion as per  Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,"
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.
Do your own research before you invest. That's the rule of thumb for investing in anything.

Don't listen to anyone just because they may seem like the authority. There have been plenty of people that have said bitcoin will die soon, bitcoin will crash soon, bitcoin is a ponzi scheme, etc. You get the point. And they said this when bitcoin was just $600, $400, or even $100 or less.

The fact is that bitcoin is groundbreaking technology when it came out, and it still is. Even if price wise we don't climb to previous heights, which I think will happen, bitcoin will still serve a particular niche of investors and users quite well that need this decentralization and globalization.
2716  Economy / Speculation / Re: NO down trend more, new update coming soon! 9540 coming! BReaking news!! on: February 04, 2018, 09:01:06 AM
As said before there wil come a breakout to 9540 usd , i think today, and hope in next hours.

I wil not add more updates until we are over 9540,

see you fast.


There is no down trend more  from here 9200 we go  to 5940, with down trend means it go under 9K.

How did you get $9540 so exactly?

I think that the definitive indication that this current dump is over is by looking at the price, whether it is 5 figures or 4 figures. Once it enters 5 figures then I think there will be pretty big pumps. Right now we're trying to test the $9500 before going for it.

FOMO is going to be a huge part of this pump, if it does turn out. A lot of people sold at the bottom and they're angry at themselves right now, and they want to buy in before the price goes any higher. And it's sort of the driving force of the rally so far.
2717  Economy / Speculation / Re: Historic BITCOIN recovery. will it be 5000% next? on: February 04, 2018, 08:52:26 AM
what everyone keeps talking about these days (which is during crash) is how big crashes used to be and how big it will get now,...
example: Historic BITCOIN crash

but something is neglected in my opinion and that is the recovery that always comes after these "crashes". so lets assume this is a crash and i don't care how low it may or may not go. lets talk about the recovery, whenever that might be:

here are some examples based on bitstamp prices:
2012 recovery, August: $2.25 to $16.41 => 629%
2013 recovery, April: $7.1 to $259.34 => 3552%
2013 recovery, December, also a fake pump: $45 to $1163 => 2484%
2016 recovery, June: from $152.4 to 778.85 => 411%
2017 recovery, December: from $465.28 to $19666 => 4126%

where will it go to in the future after the recovery? 5000%? to $400,000?

It definitely could go that high. It's bitcoin and it's already exceeded so many people's expectations since the beginning. And we're not even close to having bitcoin mass adopted by users, as in there is a ton of potential to be found still here.

I think that after this dump, and potentially an upcoming bear season, the pump that we'll experience won't be on par with the 2016-2017 pumps. We may go from $6k to $60k, a 1000% jump, but I just don't feel like 40-50x is going to happen again.

But again, who expected this current pump to happen in the first place? Absolutely no one. Even the most optimistic bulls didn't expect BTC To go to nearly $20k.
2718  Economy / Speculation / Re: 5 reasons why virtual currencies falling down.. on: February 04, 2018, 08:43:13 AM
1). Facebook bans ads.
Social-media giant Facebook Inc. FB, -0.63%  on Tuesday said it would ban cryptocurrency ads on its platform.

https://www.marketwatch.com/story/no-more-annoying-bitcoin-ads-on-facebook-2018-01-30

2). India cracks down on cryptocurrencies.

India’s finance minister Arun Jaitley, in his budget speech on Thursday said the domestic government would take “all measures” to remove digital currencies in “financing illegitimate activities or as part of the payment system.”

3). Bitfinex and Tether concerns
Tether and its sister company Bitfinex have been raising eyebrows within the digital-currency community, with the Commodity Futures Trading Commission subpoenaing the companies as critics question the accuracy behind assertions that every tether is supported by actual bank reserves.

The most serious allegation against Tether is that its coins are digitally minted to purchase bitcoin on the Bitfinex exchange, which in turn drives up the price in the world’s No. 1 crypto asset, drawing business as the cyber unit climbs.

4). Crypto hack
Japanese exchange Coincheck Inc. said it planned to spend up to ¥46.3 billion ($426 million) to pay back customers after the theft of some $530 million in Nem ‘s XEM tokens, the biggest heist since the 2014 hack of bitcoin stores at Mt. Gox.

5). Inherent volatility
Bitcoin and its ilk have been naturally volatile but that volatility has accelerated so far in 2018 as digital currencies have seen mainstream focus and greater scrutiny from U.S. and Asian regulators.



It is to be noted that India hasn't actually taken any action with their alleged "crypto crackdown" so I think that one is pretty much out of the picture. The rest are all valid, but I think that the most important one is just the natuarl volatility nature of bitcoin.

There has to be an end to pumps some day and it had to happen, sooner or later. We can't continue to be in bull market mode forever. There usually will be breaks in between bull markets and i believe that is now.

This process has simply started sooner with the vast majority of news covering bitcoin being negative, and people FUDing over every single government regulation that has came out as well as tether. All this news, has very little affect on how people actually use bitcoin.
2719  Economy / Speculation / Re: $50K or $2,900 (???) which comes First/Next? on: February 04, 2018, 08:31:48 AM
This is a "serious topic", meaning your answers could influence my students and the course of the future of the World!

Will Tether drown us all?
Before real value /  greed gets to have some more fun?
$50K or $2,900 (Huh) which comes first/next for Bitcoin?
Optional / Extra credit / Why?

I doubt that bitcoin will go as high as $2.9k during this crash. But I also doubt that the price will go up to $50k so fast.

But if I were really to make a choice between the two, I'd choose $50k will probably come first. But we'll probably correct down to around $4-5k as a minimum before $50k gets hit. Why? Because it's bitcoin's price cycle history.

Every single time we get pumped, the price will crash eventually to around 4-5x pre-pump levels. Then after around 1-3 years of inactivity, bitcoin comes back and makes a even bigger jump in terms of price, breaking. It could happen this time as well.

I'm not saying that either will be hit, though. It's just a prediction.
2720  Economy / Scam Accusations / Re: 100% Proof that Monetize Coin is a SCAM !!! on: February 04, 2018, 07:03:56 AM
I don't think it's new we have already seen the Bitconnect in past and this Monetize Coin is made by the people who got inspired by the bitconnect platform.

Inspired by or are the same people given that they're payin' big bucks to advertise via Google AdWords across the board, perhaps using the very Investards' moneys from BitConnect's coffer.

Well I've been getting a lot of monetize coin ads recently on crypto related websites, so I'm guessing that they are definitely paying some hefty amounts for their scam to get advertised on adwords/adsense. Why aren't ad providers filtering these out?

There is nothing new here. It's just another lending program under the guise of a new lending program... I know, doesn't even make sense.  Undecided

You must be greedy as hell or just plain dumb if you invest into any lending programs, let alone such an obvious scam like in the case of Monetize coin. Don't believe the shit that youtubers are putting out there. Look at cryptonick and trevon james.
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