question is why was it even delisted?
had great volume and was a popular project that people are working on?
how does bittrex not even have a rep on this board to answer such questions?
anyway xbb or bbr need a new exchange on of the smaller ones should take it on it could become a contender to the big anon coins in the future once they get the db issues fixed.
OP said the local wallet wasn't working - if a coin doesn't have a working wallet, it's pretty much dead no matter the volume on the exchange. |
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Good post. The following comment of yours is key:
- Adoption by retailers and other real world shops has not increased according to the price increase (in fact, I think we're at the same level than in 2013/14).
Without adoption it's pointless, and is just a ponzi where people pile in, hoping to then sell their coins to other people for more money. |
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http://www.allcryptocurrencies.news/all-crypto-currencies/portugal-joins-spain-france-in-cash-crackdown-bitcoin-will-benefit/Portugal is the latest country to close the net on cash.
Portugal has banned cash payments over -euro;3000 as part of a crackdown on anonymous payments.
A new package of rules which came into force Aug. 23 makes payments over the limit punishable by a fine of up to -euro;9000.
Spain, meanwhile, cut the maximum permitted cash transaction from a -euro;2500 limit set in 2012 to just -euro;1000, itself moving in line with France. Any Portuguese, Spanish or French people on here to shed light as to how people are reacting to this? Are they moving to Bitcoin, or are they indifferent? What does this mean exactly? that you can't pay in paper cash higher than 1000 in France and Spain?So if you want to buy something in a shop that costs more than 1000 with cash, you can't and you must use a credit card? Well that sucks. Anyway, paper money is going away in 10 to 20 years, so get crypto, as much as you can, specially Bitcoin, and hold it, then watch yourself get rich as the people that didn't do their homework get fucked. This is our chance to get rich and we will get rich. Yup. It's interesting that ordinary people don't seem to be reacting to this at all Also - I found this interesting article from 2016: https://www.ft.com/content/e979d096-5fe3-11e6-b38c-7b39cbb1138aThe idea of keeping piles of cash in high security vaults may sound like something from an old movie plot, but some banks and insurers have recently started considering the idea as interest rates sink below zero across much of Europe.
Europe’s highways are not yet jammed with heavily guarded trucks transporting money to top-secret locations, but if it becomes financially sensible for banks to hoard cash as rates are cut even further, the practice could undermine central banks’ ability to use negative rates to boost growth.
After the European Central Bank’s most recent rate cut in March, private-sector banks are paying what amounts to an annual levy of 0.4 per cent on most of the funds they keep at the eurozone’s 19 national central banks. This policy, which has cost banks around €2.64bn since ECB rates became negative in 2014, is intended to spark economic growth by giving banks the incentive to lend money out to businesses instead of holding on to it.
Private bankers and insurers are already thinking of creative ways to avoid those charges altogether.
One way is by turning the electronic money they keep at central banks into cold, hard cash. Munich Re has experimented successfully with storing a double-digit million sum of euros in cash at what the insurer describes as a manageable cost. A few other German banks, including Commerzbank, the country’s second-biggest lender, have also considered taking the step. But when a Swiss pension fund attempted to withdraw a large sum of money from its bank in order to store it in a vault, the bank refused to provide the cash, according to local media reports.
If this practice becomes widespread, it would have big economic implications. If banks are not paying central bank interest charges, then they will not be as affected by further official interest rate cuts. They therefore would not be spurred to lend out more money. So it's possible that this is all aimed at the BANKS. Phase out cash, and they can't avoid negative interest rates by keeping their cash in a vault. |
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The answer is NO. If you look at the number of transactions done per day for Monero it's pitifully low - 4,624 in the last 24 hours: https://bitinfocharts.com/comparison/monero-transactions.htmlPeople who are into cryptocurrency are more atuned to privacy issues than the general public, and even they arn't in a rush to adopt Monero. How many people on here use it as their primary cryptocurrency? And if you are not using it, why do you expect others will use it? |
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http://www.allcryptocurrencies.news/all-crypto-currencies/portugal-joins-spain-france-in-cash-crackdown-bitcoin-will-benefit/Portugal is the latest country to close the net on cash.
Portugal has banned cash payments over -euro;3000 as part of a crackdown on anonymous payments.
A new package of rules which came into force Aug. 23 makes payments over the limit punishable by a fine of up to -euro;9000.
Spain, meanwhile, cut the maximum permitted cash transaction from a -euro;2500 limit set in 2012 to just -euro;1000, itself moving in line with France. Any Portuguese, Spanish or French people on here to shed light as to how people are reacting to this? Are they moving to Bitcoin, or are they indifferent?
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I use coinbase regularly, never had an issues except long wait for transactions to be processed.
According to the following article, they've just raised an additional $160 million to help develop the company. and it says this about their growth: https://techcrunch.com/2017/08/10/coinbase-raises-100m-at-a-1-6b-valuation-amid-explosive-growth/Coinbase has facilitated almost $15B in digital currency exchange in just the first half of 2017, which is 5x more that was exchanged in the entirety of 2016. At this pace the startup may see a 10x increase in transaction volume from full-year 2016 to full-year 2017.
And during this same six-month period the startup has also had a 4x increase in new customers signing up for the platform.
But of course with insane growth comes growing pains.
The exchange has experienced some downtime over the last few months, which they attributed to degraded performance related to “unprecedented volume”. Customer service response times have also been a big issue, but the company has acknowledged this and is working getting response times to below 6 hours by Q3 2017, and phone support for at least some percentage of the customer base by Q4. They also said that some of this new funding will support scaling customer support and engineering teams. |
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It's nothing to do with China - it's to do with the fact the the mining difficulty is due to retarget around the 11th September and people are accumulating BCH now in order to then do a pump on that date, and hopefully lure miners to mining BCH.
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China, once again, has pulled a controlled short and made a lot of BTC from unwary panic sellers whose, for some reason, decided selling BTC because some shitcoin's ICO got banned was a good idea.
Why did so many idiots sell their cheap BTC? Who knows, but what do we know is, this has been another profitable move by China whose is building stacks of BTC from all the newbies and weak hands that just don't know how to hold.
Well YOU may think they are idiots, but each investor makes decisions based on their own circumstances and some would have thought it was a great time to crystallise a profit. No-one ever got poor by taking profits. Obviously this annoyed hodlers, but each person has got to do what is right for them |
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No they will not. Most other countries are likely to follow the same course of action or at least put some form of regulation on ICOs. Most ICOs are garbage altcoins to begin with so there isn't anything to take advantage of.
This. We have already seen South Korea and Hong Kong come out and say they are looking at banning ICOs too. Expect more countries to follow. |
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Found a really interesting, but very long article on why the bitcoin remittance industry isn't really growing: https://www.saveonsend.com/blog/bitcoin-blockchain-money-transfer/Part of it is because the people who start up bitcoin remittance businesses know all about the technology not not much about their target consumers. Another is that those on the receiving end of the money prefer to receive their money in cash, rather than paid into a bank account or in bitcoin form. And because the recipients want cash, the senders of the remittances are willing to pay a 3-5% premium to do so. Bitcoin (and other cryptocurrencies) are being defeated by people's desire to keep their finances away from the prying eyes of govts (which can track both bank accounts and the blockchain). I thoroughly recommend reading the whole article. |
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There is one extremely straightforward rule - if it looks too good to be true then it is.
On top of that always google site:bitcointalk.org 'subject' and see if anything comes up. If nothing at all comes then that's not an encouraging sign.
Risk free returns are impossible. If there was a legitimate interest paying Bitcoin option I can guarantee you every single Bitcoin on Earth would pile into it instantly as they're all sat doing nothing. There is literally not one on the entire planet.
Lending on well known exchanges has enough risk, let alone all these bullshit ponzis. Have you been offered a specific 'opportunity'?
Also google 'coin name scam'. If other people are having problems with that coin, they will have written about it and it should come up when you google. |
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Hi,
Up to now, Bitcoin hasn't gone through financial crisis. Maybe one financial crisis is near (look at financial market overvaluation)
in case of financial crisis, bitcoin price could
-collapse as big money people will withdraw from any investment,
-surge as BTC could be seen as an escape to current financial system
-remain stable
Do you think that in case of a major financial crisis like in 2008, bitcoin price will collapse, surge or remain stable?
thanks
There was the eurozone crisis of 2012/13 where Greece was in trouble and they bailed in the customers of the Cyprus banks. That was the event that brought bitcoin to mainstream attention and the price soared from something like $30 at the start of the crisis to $1000 in 2014 (before falling back to $200 thanks to the Mt Gox debacle). So yes, a global crisis will make bitcoin soar, especially in EU countries where bail-in rules apply and you could lose all your savings to bailout european banks. |
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I can not even login, so how can I withdraw my bitcoin?
The value of my bitcoin rised 5 times since my last login!
When you try to login, it should have sent you an email with your new password, after that, login again with the new password. |
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https://www.cnbc.com/2017/08/02/cboe-bitcoin-futures-winklevoss-brothers-digital-currency-exchange.htmlThe Chicago Board Options Exchange, the largest U.S. options exchange, is planning to launch its own bitcoin derivatives trading products by early next year.
Pending review from the U.S. Commodity Futures Trading Commission, the CBOE Futures Exchange (CFE) plans to offer cash-settled bitcoin futures in the fourth quarter of this year or sometime in early 2018, according to a Tuesday announcement.
The CFTC told CNBC in a statement that, "to date, the Commission has not received a filing for a bitcoin futures contract from the CFE."
Designated contract markets like CFE do not necessarily need prior approval from the CFTC in order to list a product for trading, according to the commission's website. Rather, those designated markets can list trading products by filing a self-certification with the commission one business day before the initial listing.
"We've really come to the conclusion recently that cryptocurrencies are here to stay," John Deters, chief strategy officer of CBOE parent CBOE Holdings, told CNBC in a phone interview.
Deters said the bitcoin futures, once reviewed, will be available to both institutional and retail investors. The Chicago Board Options Exchange does eye-watering amounts of business every day - so bitcoin futures on their exchange is a big deal.
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Is it a trend now? There is SO SO MUCH ICO with real estate recently
Previously we start with a trend of online casino ICO like Dao.casino, edgeless, wagerr, Etheroll
Follow by Card payment System like Tokencard, Monaco, Tenx
Then follow by ICO with strong technology like CIVIC, EOS, BANCOR, BAT
Is there a specific trend of ICO launching follow by a similar pattern?
They just launch what they think investors will be eager to buy, and has a nice "story" on which to hang their coin. A few years back (an eon in bitcoin years), country coins were all the rage: aurora coin (for iceland), mazacoin (for native americans) and so on. Most just pumped and then dumped. Some lingered on for a couple of years before dying. That's just the way things are in the cryptocurrency world. Be careful out there - with most of these launches, only the developers receiving the funds in the ICO's (or doing the premine in the old days) make money. |
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Regarding Bubbles, here is an interesting article: https://qz.com/1067557/robert-shiller-wrote-the-book-on-bubbles-he-says-the-best-example-right-now-is-bitcoin/Yale economics professor Robert Shiller won the Nobel prize for his work on bubbles. He wrote a seminal book on speculative manias, Irrational Exuberance, a deep analysis of the dramas over the centuries when otherwise sane people drove prices for tulips, stocks, and houses to inexplicable heights.
Shiller developed some of the tools that are considered vital for taking a sober look at markets. He helped create indexes for measuring real estate prices and his stock market valuation indicator, the cyclically adjusted price-earnings ratio, or CAPE ratio, is seen as one of the best forecasting models for stock returns.
As Shiller sees it, “big things happen if someone invents the right story and promulgates it.” Quartz spoke with him about some of the frothiest assets today, from bitcoin to tech stocks.
Quartz: What are the best examples now of irrational exuberance or speculative bubbles?
Shiller: The best example right now is bitcoin. And I think that has to do with the motivating quality of the bitcoin story. And I’ve seen it in my students at Yale. You start talking about bitcoin and they’re excited! And I think, what’s so exciting? You have to think like humanities people. What is this bitcoin story?
It starts with Satoshi Nakamoto—remember him? The mysterious figure who may or may not be real. He’s never been found. That has a nice mystery quality to it. And then he has this clever idea about encryption and blockchain and public ledgers, and somehow the idea is so powerful that governments can’t even stop it. You can’t regulate this. It kind of fits in with the angst of this time in history.
If you look at the third edition of Irrational Exuberance, I’m arguing that there’s a fundamental deep angst of our digitization and computers, that people wonder what their place is in this new world. What’s it going to be like in 10, 20, or 30 years, and will I have a job? Will I have anything?
Somehow bitcoin fits into that and it gives a sense of empowerment: I understand what’s happening! I can speculate and I can be rich from understanding this! That kind of is a solution to the fundamental angst.
So I’m trying to deconstruct the bitcoin story. Big things happen if someone invents the right story and promulgates it. People trying to looks at crpto tech / BTC as a stock or any preceding fin instrument. Wow no idea. Here a hint look at the uptake of new tech graphs......you don't see the mobile phone bubble "pop", or the connecting to the internet "pop", sure they get displaced eg VHS, CD, USB stick etc, but its not a "pop" or a bubble. Get back to me when MR. Shiller gets a grip on the byzantene generals problem and the implications of its solutions, for government and society, banks etc. Tulips could not function as government, contracts, be teleported, server as a permanent ledger etc etc etc. The uptake of bitcoin ISN'T like mobile phones or the internet though is it. It's been stuck on about 250,000 - 300,000 transactions a day for a year. Whereas the phone adoption and internet adoption involved the number of users literally doubling every week. Bitcoin adoption got strangled a couple of years ago by the high fees. |
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Hong Kong regulators have now issued a warning about ICO's: http://www.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=17PR117As digital tokens involved in ICOs are transacted or held on an anonymous basis, by their nature they pose inherent and significant money laundering and terrorist financing risks. The SFC reminded licensed corporations and associated entities in its 16 Jan 2014 circular7 to take all reasonable measures to ensure that proper safeguards exist to mitigate these risks. Investors should also be mindful of the potential risks involved in ICOs and investment arrangements involving digital tokens. As these arrangements and the parties involved operate online and may not be regulated, investors may be exposed to heightened risks of fraud. This feels co-ordinated. First China bans them. Then South Korea says it is thinking of banning them. Now Hong Kong issues a warning about them. I wonder if Hong Kong is taking a pot shot at bitfinex? Well, I don't believe in coincidences to be honest. I think it has to be something coordinated, or probably everyone was considering banning ICOs and they were just waiting for someone else to do it first to see how the market would react. Now that they have seen that idiots sell bitcoin too even if it has nothing to do with bitcoin, we are going to see a lot of governments releasing these news of "ICO banned" prior setting shorts on BTC and probably a couple big volume alts, profit from it, then watch it go to ATH. You think they're trying to drive the cost of bitcoin down? I would have thought their ire was more towards Ethereum, upon which all these ICOs are built upon. |
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https://www.cnbc.com/2017/09/05/dubai-real-estate-project-first-to-be-priced-in-bitcoin-michelle-mone.htmlA 250 million pound ($325 million) luxury development has been launched in Dubai — and the people behind it don't mind if you pay in bitcoin.
Announced Wednesday by British entrepreneurs Michelle Mone and Doug Barrowman, Aston Plaza and Residences spans more than 2.4 million square feet and is split across two 40-storey residential towers.
Its developers claim that it will be the "first major development" to be priced in the virtual currency bitcoin.
The studio apartments will be sold initially at a starting price of 30 bitcoin — worth $133,918.
It includes more than 1,000 apartments and a shopping mall, and is due for completion by September 2019.
Transactions will be processed by cryptocurrency payments platform BitPay, which provides payment tools to Microsoft and billionaire Richard Branson's space endeavor Virgin Galactic.
"These property purchases can now happen in minutes from anywhere in the world with the speed of sending an email," BitPay CEO Stephen Pair said in a statement on Wednesday.
"We are pleased to partner with Knox group of companies in this exciting first for Bitcoin and for property payments."
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Yeah my bad i forgot to secure with 2fa because on cryptopia its six different versions of 2fa ... he sold all my coins and transferred himself the bitcoins so i even know his name is kagevu ... already contacted support
You need to make a police report too. Legally Cryptopia probably can't do anything, only the courts can prosecute and get your funds back. (Plus, if they catch him, the police can blacklist him, and prevent this happening to others). |
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in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ... tell me your opinion about this .  Well it's a couple of days since OP made their prediction and the price is at $4535. Not quite at the highs of $4900, but not at the lows of $4100 we saw either. So not a bad prediction! |
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