Hashflare has temporarily changed the withdrawal policy to require a minimum withdrawal of BTC0.2. That sucks. You can see the policy here:  . Looks like I'll be waiting for either Hashflare to change their policy or a couple months until I have BTC0.2. Interestingly, I feel less worried about this policy than I have previously about other moves by Hashflare. But stay tuned and I'll let you know how it turns out. Hashflare is apparently almost out of available hashrate. The price recently went up 47%.
On December 8th, Bitmain was selling the Antminer S9 for $1,415.
Bitmain is now selling it for $2,725 and shipping it in February. That's a 93% increase and they won't ship it for two months.
I've seen this before...people get crazy over Bitcoin mining for a while, then reality sets in. They see radical price and difficulty increases, then finally quit.
At least we have mghaynes to prove whether Hashflare really pays their customers or keep waiting for more funds deposited to their wallet to be able to pay early investors. But hashflare has raised the hashrate price, too shady for me as the demand increases but doesn't mean they can just raise it. BTC0.2 as the minimum amount to withdraw just does not make sense at all, why set it so high, unless they don't have bitcoin to be distributed. Too many problems to consider before investing in cloud mining as you have no control over mining activities. |
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You will find more scam accusations here: https://bitcointalk.org/index.php?topic=2556342.0HitBTC seems not reliable anymore since last month, there are many problems regarding their services and not reply the tickets. If you have coins in their stash, you may find it impossible to withdraw, but if you can do it, consider to leave this exchange for good. |
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what exchange markets are being used by whales to move fiat directly? (and with better volumes than bittrex)
Since Bittrex doesn't support fiat trading, instead using the tether to avoid financial regulations, people who want to deposit and withdraw fiat currencies may use another exchange but it's nearly impossible to state which exchanges that whales tend to use. There are several exchanges which better than Bittrex even some exchanges have a higher trading volume such as Bitfinex, Bithumb, GDAX and Bitstamp. You can check it here: https://coinmarketcap.com/exchanges/volume/24-hour/ |
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Fast invest is a Platform to provide investment solution, but is it makes profits just in Lending service?
- You can invest in a diverse P2P loan portfolio;
- Receive monthly payments of principal and interest as the borrowers repay their loans
What about the collateral from borrowers? Or The crypto-proved lending service will be accessible only to Fast Invest token (FIT) holders. ??
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Unfortunately for those who have been hacked and heard it was better not to move your coins during the hack attempt as the hackers may use phishing-links to access your coins. Exchanges aren't a safe place to keep your portfolio for a long-term obviously, as exchange is the main target for hackers to get big fish in there and there are some cases which exchanges got hacked recently such as South Korean exchange Youbit. However, Etherdelta devs have stated the site is clear to be used since yesterday. https://twitter.com/etherdelta/status/944174879775055873 |
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This is a fresh air for bitcoin users, but nothing serious as long it's not implemented yet.
Another problem is whether all the platform in bitcoin community willing to use the lightning network, it's a good way to solve current problems though.
Look at Segwit implementation, even though it has been activated for months, but most platforms and exchanges not using it which makes transactions stuck on mempool.
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I don't have, by the way, the technical knowledge and the general knowledge on how to set up a BC-based project, like.. "Ok I have this idea, now what?" so I was hoping from some guide-lines from someone who's in it longer than me.
is the idea of "BC-Based project" relate to bitcoin and can be implemented to bitcoin chain or you want to create a new crypto? So, you have a better idea? Here some tips; - start to learn the technical knowledge, you can achieve something big in cryptocurrency without it. - you need some resource to start it, proper hardware and sufficient funds. - you can collaborate with some people here, but you need a basic knowledge of coding, design, etc. |
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Honestly, I'm not sure if hashflare really profitable for a 1-year contract and we have to pay $2.2 for 10 Gh/s, it's a significant increase from $1.5 since there are huge demands from people who are looking for cloud mining but genesis bitcoin contract is out of stock right now.
I won't ever invest in such cloud mining after some issues such as lifetime contract suddenly cancelled and higher withdrawal limit compare with genesis mining.
However, if you can take the risk, it's okay to invest in Hashflare, but be ready to get a loss if something happens.
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I tried withdrawing some good amount of bitcoin from my freebitco.in wallet which is not the first time anyway, and it has been over 2 days now but it has not been confirmed. However, this transaction has been added to a block for over 24 hours and still not confirmed. Usually, I know the mempool may be full, and from the little knowledge I have garnered, once your transaction has been added to a block, it should at least get confirmed.
Yes, it is a common thing these days due to blockchain network gets flooded, too many transactions waiting to be included in a block which generates every 10 minutes. The only thing here is miners always looking for higher fees to executed, and let other transactions with low fees stranded out of nowhere waiting for days or even weeks, as my last transaction was December 14th but still not confirmed due to I paid a low fee  . So, if freebitco willing to pay higher fees, about 800-900 sats/byte, it will get confirmed within 30 min -1 hour, maybe  . |
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The extreme escalation in transaction times is there to ensure the whales can cash out but that smaller investors cannot.
Whales can make large transactions, the fees do not mean as much to them.
At the same time the small investors cannot cash out because their investment is quite small compared to the fees.
The result is the following:
- Whales are cashing out, converting to fiat
- Newbies are buying from the whales in the hope of continues increases
- Existing smaller investors do not want to sell now (despite possible large profits) because of the high fees is you only have a small investment (Today another bitcoiner on this forum has to pay a 20$ fee for a 50$ transaction).
When the whales have completed the sell-off, smaller bitcoin investors can finally begin to sell and that will be the trigger for a complete collapse in the price.
There is no evidence of your theory, this is completely speculation. Bitcoin price is just $16,200 at the moment, and bitcoin get more attention since it reaches $10,000. It makes sense to cash out at the peak instead of at current market situation. Which mean, big whales already cashed out when bitcoin reach $20,000 or they may want to wait for bitcoin reach $50,000 or even higher price as the best price to extract the profit. ALthough, it's not profitable for smaller investors to cash out when the mempool flooded with so many unconfirmed transactions, better to wait until all thing get fixed and bitcoin reach a higher point. |
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Here a simple tip which makes you not worry at all; stop check bitcoin price every hour, every day 24/7.
If you do that, you won't feel worried at all, unless you are short-term traders.
Just believe in bitcoin, it will reach at least $50K-$100K in 2018 or even more, don't you happy about that?
So, just buy bitcoin as much as you can every month and keep your wallet safe, and then check the price by the end of 2018.
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The research analyst is better than some people claim as crypto experts.
$300K-$400K as the end of the rally of bitcoin isn't so bad in my opinion, and it's not impossible as well due to the demand of cryptocurrency which constantly increases over time. But, bitcoin price is unpredictable in the future obviously, we can say bitcoin will reach "certain" price in 2020, but only time will reveal the truth. It has been proven in this year, most people do not believe bitcoin can reach $20000, but it did.
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1)Bitcoin, and all the cryptocurrencies, were made to replace the fiat money.
No, bitcoin meant to be an alternative payment method, and it doesn't have the ability to replace fiat money anytime soon. 2)Let's say I'm one of those who boutgh 100btc in 2014, and that I've got some milions now, and i want to exchange them for fiat currency. How do I do it?
There is no shortcut to convert bitcoin into fiat money, you have to exchange it through exchanges and withdraw it to your bank's account. However, it never be easy to transfer Millions of dollars at once through bank system, as they will investigate your money obviously. We know all of this hassle, so just put your wealth in bitcoin, or withdraw as much as you need, not all at once. 3)Governments and big banks. There we go. They r already working on that, everyone who's a bit informed, knows it. What if they just declare crypto illegal around the world?
Yes, this is the biggest obstacle right now, if some big countries ban bitcoin or exchanges, then bitcoin will crash again such as when China did it. Fortunately, most of the big countries such as Japan, USA, Russia, South Korea and Europe acknowledge bitcoin and not ban it, instead of assign taxes for capital gains from cryptocurrency. |
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hey guys
whats goin on with blockchain.info. there is Huge fee calculation on trasfer
it asking 0.00354522 BTC fee for transferin 0.02BTC !
It's not just blockchain.info but most wallets adjust the fees based on current mempool. If you want, just set a custom fee to send bitcoin, but it may take longer to be confirmed, maybe few days. According to bitcoinfees; The fastest and cheapest transaction fee is currently 400 satoshis/byteSo, you may want to reduce it to 300-359 sat/byte, it will be confirmed in 30 min - 1 hour. |
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LoL, another way to be scammed.
Don't even try to send bitcoin to this site, it's a scam project obviously, and will disappear right after you sent bitcoin.
Bitcoin doubler is not a real thing, there are no such things in bitcoin-world, in other words; it's too good to be true.
Look at the another thread, created by Op himself and some accounts that claim have been paid are brand new accounts, LoL.
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Depends on your purpose, do you want to sell bitcoin to fiat currency or another way such as PayPal, Skrill, etc?
You can sell bitcoin in this forum, try on local boards and ask for someone who may want to buy it. May I ask, where do you come from?
Another way through PayPal as there are a lot of people here willing to buy bitcoin with Paypal., then you can withdraw it to your bank account.
Just make sure to deal with every transaction using escrow service to avoid scammers.
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You need more than the word of "tokenized real estate asset" to attract people.
in my concern; what kind of coin is this? worth almost nothing and listed on coinexchange is not something interesting.
People would like to see how this coin actually works?
Who are the developers behind this project?
Where is the real estate asset?
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It's sad to see these people suffer so much, but it perfectly demonstrates how useful Bitcoin is, and how much freedom it offers to people being suppressed by their shitty government. I seriously hope that we'll see Lightning Network become fully operational before the end of 2018, because that more than anything will stimulate people to utilize Bitcoin in a far more efficient and cost friendly way. Imagine what these people would have gone through if Bitcoin wasn't even invented yet. It basically means that they would have no way out, and for that reason would have gone down with their corrupt and worthless economy. Great benefit for them is that the price has been going up continuously, so instead of losing purchasing power, they gain purchasing power.
Sadly, yes. People in there have to struggle for their daily living, fortunately, bitcoin become a lifesaving as Bolivar almost worth nothing. The adoption of bitcoin in Venezuela surpass my expectations as; Whether they’re buying food, plane tickets, or even paying employees, Bitcoin is now a common mode of payment for Venezuelans.After all the hassle of blockchain network, it becomes harder to transact using bitcoin as we have to pay higher fees and it takes a long time to be confirmed. Yes, blockchain really needs to be upgraded or lightning network be implemented asap, without too much drama. |
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I don't think it's a good news if the US wants to sell seized bitcoin as they want it liquid instead of digital form, it's not the first time though.
On the other hand, most news from Japan seems a good way for bitcoin acceptance and really being used as digital currency in daily transactions instead of just treat bitcoin as a speculative object. Employees can choose to receive their part of salary in bitcoin, even 30%-50% of total salary will be a good investment for long-term.
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Hi,
I have sent some bitcoin a week ago and still isn't confirmed. I tried sending it to tx accellerator but nothing to do. Mistakenly I set a fee of 13 sat/b.
I made some research and I found that I can make a new transaction before it gets confirmed anyone knows how to do it ?
Thank you
That's called double spending. However, it's not recommended and better to use transaction accelerator through Antpool or ViaBTC. Current mempool seems overloaded, so you have to increase the fee for faster confirmation obviously. You can visit some thread regarding transaction accelerator services in case you don't know how to do it; https://bitcointalk.org/index.php?topic=2597277.0https://bitcointalk.org/index.php?topic=2455333.0 |
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