Fees are minuscule, which is why I haven't used it. Even with 50% of the fees, I doubt it's that much for an average referral. However, if you go to the leaderboard, you see a guy who has earned nearly $15K from referrals.....so maybe you just have to refer the right people.

The issue was someone in real life trying to rob him. He probably had access to his email, but was either to stupid to realize he needed to do that or changed his mind.

OKCoin allows Google Authenticator, SMS authentication, a password for logging into your account, an extra admin password, email confirmation, and saved withdrawal addresses. All those security features are possible at the same time to protect your account from theft. You should use them, but if you aren't, you'll probably still be safe with two good passwords on the account, a good password on your email, and reasonable browsing habits combined with a non-Windows OS.

I love how OKCoin.cn practically has more volume (and hence liquidity) than every other exchange put together, but half the people here don't even know it exists. They need to work on their marketing. First step should be paying bitcoinwisdom.com to put them up top instead of Huobi, which is like the 3rd largest Chinese exchange and isn't even relevant anymore.

You should try leveraging your account once you get a VIP level, too. Trade with 20x leverage while your entire account is leveraged up to 2x (if your VIP level is high enough).

I really need to use that OKC referral program like you instead of paid signatures. Every other post of mine I'm spouting off about how stupid people are not to be using OKCoin.

I was talking with someone the other day and I said I expect to see bitcoin fall to only a few dollars in value someday. So, the person replied, "So you think Bitcoin is gonna tank?"

No, just because I think we'll see a single-digit bitcoin sometime, doesn't mean "Go directly to single-digits. Do not pass go, do not collect 200 bits." We may bounce to $500, bounce down to $300, bounce up to $2,000, $20,000 whatever - Bitcoin is not going to disappear tomorrow.

I have to imagine things 15 years from now in 2030. Everything will be so different. And I have to ask myself, "is Bitcoin still going to be a thing? Will this 20-year old concept still be at the forefront of payment technology? Even Satoshi said it himself - Bitcoin will either be one of the most important components of the global financial system or it will be nonexistent and obsolete.

Most ideas do not succeed. It's so hard for a new technology to succeed, but so, so easy to fail. For something to succeed, everything must go perfectly. For something to fail, only one thing needs to go wrong.

Enjoy Bitcoin while it lasts. It's an extraordinary opportunity and an amazing technology, despite already beginning to show its age. Maybe Bitcoin will be replaced by a better cryptocurrency or maybe cryptocurrencies will be pushed out of the mainstream by easier technologies. Statistically speaking, one of those two things should happen.

You would think that if someone is going to send thousands of spam emails they'll at least check their spelling.

The biggest issue with this scam is that anyone stupid enough to fall for it likely doesn't have very much BTC. Kind of a waste of time to send thousands of emails just to phish a few guys with .05 BTC in their wallets.

Sell on OKCoin China, where the volume is enough for just about anyone. Bitstamp is just as antiquated as Mt. Gox.

PayPal is reversible. Duh.

He doesn't even have to fake the invoice. He can just purchase it on Amazon and then cancel his order before it ships, without it ever costing him a penny. Amazon does not charge the customer until the item is being shipped (for both legal and customer service reasons), so you can literally purchase something on Amazon with random credit card details and you can still get an invoice/receipt.

That doesn't prove anything. I could create a receipt like that in 30 seconds without spending a nickle. You're going to need to post a picture with a username or timestamp for anyone to take you seriously.

Hit the nail on the head.


Chinese whale doing something strategic. Purely for tax/legal reasons or buying both "normally" and with leverage in order to sell into the rally he sparked at some point (and profit).

Bitfinex has been trailing OKCoin by a very significant amount the entire day. They're just been reacting to the rest of the market. Volume today on OKCoin was huge and not overly manipulated - somebody bought a truckload of coins.

It really just depends on your strategy and the way you trade.

There's way more volume on OKCoin futures (not feeless, volume is relevant and real) than Bitfinex. Since the only exchange which really had an affect on the market price today was OKCoin, we can analyze this based upon what was going on there. Interestingly, OKCoin itself reached $485 or so, but futures never really surpassed $475 for anything more than a few buys, despite leading the way most of the day.

Anyone who isn't taking a long-term approach and still kept leveraged shorts (unleveraged shorts or barely leveraged shorts, à la Bitfinex don't really count)  in the entire day has brass balls and a brass brain. Right now we're at an interesting spot because the long positions have slowed down and are now trailing the market price. (Potentially indicating the big boys are done buying for a little while - one can assume that a whale will take long futures positions prior to going on a buying spree like this, to minimize slippage or even potentially profit from the price increase throughout the day.) Regardless, I still think it's a bit spazzy and stubborn to short today, even now - we had the same slowdown we're experiencing right now several hours ago at around $430, before continuing the rally.-

Shorts that were open yesterday closed a long time ago. We literally went from $360 to $485 in a day - do you really think there were many people who kept funding their short positions all the way from $360 to $485?

The market is controlled by traders with large bankrolls, not small-time bitcoin enthusiasts. Some people or a person with a large bankroll is buying a lot, for whatever reason - it's really as simple as that.

Most of the buying is originating from OKCoin, which is only natural, considering it's the largest and most liquid exchange.

It doesn't take any real work though, so it's easy. That's his logic.

This isn't gambling, but OKCoin.com's affiliate program isn't bad. 50% revshare, which is pretty solid, especially considering they're one of the only exchanges with a decent affiliate program.

Hi - I was a part of the old sig campaign for a bit and would like to rejoin.

FJ Username: bitcoins101
680 posts and a Senior Member.

I wouldn't trust LouReed more than any general reputable member, personally. He does a lot of trades on here, but what else has he done to earn trust? The dollar figures on all his trades are pretty moderate. Not that he has done anything wrong, but would you feel comfortable sending him 1,000 bitcoins? (If you had 1,000 bitcoins.) Or 100 bitcoins? 50 bitcoins? I personally wouldn't feel comfortable with any of those.

I'd trust dooglus with any amount and most of the guys mentioned in this thread for 4 or potentially 5 digits. Once you get above that, I have to think some people are just going to decide to just cash out.

Yep, still selling.

Rate will be based on the size of the transaction. Looking to do larger amounts and would love to meet up tomorrow. Contact me if you're interested.