hope to still got everybody LIST IS GROWING NICELY ( hope to be sending BTC soooooon Grin )
But I won't win if it's soon. (Although my small cryptocurrency value in USD will look better.) |
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if viabtc will still operate, as declared by them in statement, and mining pool wont be affected, and actually advised customers to send bitcoins to their wallet, i would think it wouldnt affect the antpool, but bitman and hashnest might have to get a way to pay for the costs with some western exchange bitstamp, ....lets hope for te best, you actually made me wona press sell, sell move to wallet for a little bit, so i had to dig google a little bit,...if i move to investment to europe, i had to pay more for electricity and it would cost me aprox 30% per investment for same hash rate...ehh lets leave it there, and by the way LTC wallet is not in maintance but the Hot wallet you emptied, i know bcs i emptied in the past also so, thats why it shows immediatly after widrawals...
Yes, Hashnest is one of the best deals when it comes to cloud mining. I haven't sold my hash, yet, because I hate selling for a loss. I'm just concerned about the rumor going around that China will take steps to block certain important bitcoin ip addresses, like the seed nodes and non-chinese exchanges. We'll see. I trust if the government of China cracks down on mining, Bitmain will give a fair way to exit.(I just hate being forced to exit when I have not had a ROI, yet.) |
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they are mining in mongolia http://www.cryptocoinzone.com/hashnest-review/, so i dont think china gov. will be closing them down, and its also the bitman subsidary which still produce miners, exchange yes, miners no. p.s. I got enough hash for 3 miners just in case, and ordered 1 phisical already,...and i trust them still. i didnt find any other similar company with such good reputation. All other cloud miners want to fix it for some years...without possibility to withdraw when i need the m. The review states it is in "inner" Mongolia, which is still part of the People's Republic of China. Hopefully this rumor is just FUD. https://twitter.com/btcdrak/status/909020264742211584 |
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Now there is a rumor that China is actively banning Bitcoin seed nodes and non-chinese exchanges. If true, this could seriously hamper mining in China. This would basically have the effect of making my hash on hashnest worthless. I don't have enough hash to redeem a miner and don't want to pony up the BTC or LTC to acquire. I'd have to jump through hoops to make a deposit anyway since I am a US citizen.  |
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So far this looks exactly like the raise from the 16th of June.
Both have the first leg up of 23%
Very interesting... Maybe I can sleep tonight
It seems all the big dumping and pumping starts at about 5:00 am to 6:00 am Mountain time, when I am still asleep. Are there a lot of whales located in the Eastern time zone(US). What do they do? Get up in the morning, start their bots to start pumping or dumping. Then shit, shower, and shave? Or is it those European whales, enjoying their afternoon by causing a bit of drama? I can't imagine its the Asians at that time, because it's bedtime for them. No? |
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If you're worried about your exchange double-crossing you in that manner, you probably shouldn't be dealing with that particular exchange in the first place.
The exchange happens to be Coinbase(GDax). Whenever I have had fiat transferred back to my bank, the transaction is clearly marked as being from Coinbase. I'm probably being paranoid. However, banks have to be diligent about "suspicious" activity. All it would take is for some bank employee doing a random audit to see that I have had a cash transfer(s) from Coinbase, find out Coinbase=BTC, and then close my account for "suspicious activity." What exchanges pay you with paypal money? Also I wouldn't trust Paypal with any larger sums. I once sold most of my vinyl records in a short period and paypal froze my account. I had to prove this and that to be able to be able to use my funds again. It took months and I was really broke (that's why I sold my vinyls) so I'm still quite pissed.
Coinbase allows you to sell your BTC and then they transfer the fiat to Paypal. Almost instantly. They charge a fee though. Since Coinbase went into an agreement with Paypal, I'm sure the funds won't be marked as suspicious. The sums that I have transferred to Paypal so far, (Only have done it twice) is only 3 figures each. |
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Cut your losses, buy back Bitcoin and stop trading. The whole idea of these forced crashes is to flush people like you out. The 1% make more money, a few random traders and the rest just lose out.
I wonder if this is going to shoot back above $4k or not.
Thanks for the honesty. You could have tried to put in a plug for Gunbot, but you didn't
@bones261
If you think bitcoin will go up, buy back.
If you think it will go down or are unsure, stay fiat.
I'm unsure (for now), I stay fiat and do quick trades with my margin balance.
As a INTP personality type, I'm always unsure. So keeping my fiat to do quick trades is definitely an option. My partner is the jealous type. I value my life too much for that option.  Besides, many male hookers are methheads. That's just looking for trouble. |
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I engage in periodic bouts of such swing trading. When I get caught holding a bag of stinky fiat, and no way to buy back in without a loss, I just stay in fiat. Options include:
- enter a limit buy at a strike price below your last sell and forget about it. It may execute in the future if the market dumps again (I have a ladder of open orders in the $1000 to $2500 range that may never execute)
That sounds like a plan, but I'm so impatient. As an INTP, sticking to a decision is not my strong suit.  - you'll need some fiat to pay the cap gains tax on your profits anyhoo - when april 15 rolls around, cancel your open orders if you need the dosh
No comment.  - pull your money and have a fling. If you tie a bank account to GDAX, withdrawals are free. Yes, free.
I don't want my bank to know that I am fiddling around with BTC. Not sure what their policy is, but don't want to take chances, and have them close my account. That is why I have lately been using the Paypal route. Then I can transfer from Paypal to my bank and all my bank sees is that I got money from Paypal. And the number one answer:
- Buy some BCH. As $/BCH:$/BTC trends toward 1:1 you'll be back in profit.
Another example of my crappy trading skills. I was speculating that the Bitcoin Cash whales would want to keep BCH more profitable than BTC, so I ended up using some spare satoshi on Bittrex, Yobit and Cryptopia to but BCH near the ALT Don't worry Btc maximalists, the amount I spent was way less than.1 BTC. Now, I am patiently waiting for BCH to get profitable enough where it makes sense to actually rent hash at MMR. I'm not going to buy BCH outright anymore. It's way more fun to pay a miner at MMR and accumulate (or mine and dump) that way. |
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You would think after almost three years of being involved in the cryptocurrency sphere, that I would know how to trade. But I still am quite clueless. I thought I did well yesterday. I managed to put of few trades together, where I sold higher and then would buy back lower. I didn't catch the absolute crests and troughs, but I did OK with the little bit that I was moving around. I then bought back last night, and left it at that, so I could sleep well at night with a few more satoshis than I had 24 hours ago. This morning, just before work, I saw the market shoot up from a low of almost 2800 USD to a little above $3300. I thought, surely this must be near the peak, so I sold a little bit of my BTC. Now it appears the rally has continued and I find myself stuck with a fiat balance on Gdax. I know that it is recommended not to seek trading advise in this space. However, I really am clueless what to do. Any recommendations? Here are my options. 1) Keep the fiat balance on GDAX, so that I can continue to play around with the market at my leisure, and have both a BTC balance and a fiat balance. 2) Transfer fiat to Paypal and pay off the credit card balance that I have for them. (Coinbase charges a big fee to do this though, and I could probably pay off my balance outright with fiat I already have in the bank anyway.) 3) Buy back your BTC, use this as perfect example that I suck at trading and transfer all my BTC back to cold storage so I can HODL. Thanks in advance for the advice.  |
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Took you a while but you finally got around to your shitcoin investment.
Yes i like monero - its currently more or less ASIC proof - and mining some. I also own ETH and BTC. So what? Well hello there,
i'm new to Cryptos but not new to investing.
So as dumb as I am - ignoring the properties of a highly volatile and unregulated market, I invested a huge amount at ~4100€ (almost ATH), woke up to a 10% loss and sold everything in two charges at a -15% loss.
The hodlers who bought high amuse me: "I am not loosing money until I sell it" - well sure you loose money, the value of your asset declines.
Any investor with half a brain will tell you that a secret to success is limiting your losses (risk).
So at first I regreted my decision, because It went to straight ~3900€ two days after.
I read more about Crypto, talked to people and was more and more suspicious about the current state of the bubble.
Well now I'm lucky. If I would buy now, I would get more BTC for less money including my losses.
At least keep your story straight. Don't bother responding. You are on ignore. Which probably won't do any good since you'll come in with some other sock puppet.BTW, looks like your other bags are faring even worse.  |
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Anyone remember Amazon? The cream always rises to the top. Do you really think BTC has gone without any kind of further development or innovation since 2008? Amazon will not stay there forever. Remember IBM and McDonalds? Sure BTC got under developement, but in my opinion its inherent technological design is broken, if you want it to use as an actual currency. And that's the argument of many "believers". Current attemps in improving scalability comes at the cost of loosing security, let alone the sheer amount of electricity needed for buying a coffee. It's "inherent technological design" is the blockchain. So the blockchain is "revolutionary technology" but it's broken? You are contradicting yourself. Unfortunately, most of these cryptocurrencies we have now are based on the blockchain concept, and have the same flaws. There probably is a better way. Now we need another genius to come along and show us the better way. Just like Einstein had a better theory of gravity than Newton. |
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You do realize that BTC is the first implementation of the Blockchain technology? Sure and that makes BTCs value in what amount better than other crypto assets. Anybody remember myspace? Anyone remember Amazon? The cream always rises to the top. Do you really think BTC has gone without any kind of further development or innovation since 2008? |
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My guess for the all time high will be on December 24 2017. No reason. Just like the date.
Edit: I just read the rules, so here is my reason why. By this time, we should know how the segwit2x drama will play out. So, we will have a better understanding of the direction btc will be going. Plus we will have a better idea exactly what the new regulations for China will be and exactly how it will affect bitcoin. Also just before Christmas is a good time for the honey badger to awaken after being bitten.
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Bitcoin tops out at $5k and dips under $3k and crickets from the SegWitters BCC hanging out around $450-550 The theory that miners don't want low fees is really interesting considering we have Jihan, Unnamed, Roger etc etc all begging (have been) for low fees and transaction times all of which are miners and all of which support the chain which supports low fees.... care to elaborate on that claim? You will find it's more likely Jihan and co are against segwit and lightning taking fees away from the miners by keeping it all onchain they collect everything where with lighting the nodes get a very small cut of the off chain fee that could have been onchain and in the miners pockets Bitmain etc are a for profit company their only goal is to maximise profits How many companies do you know that think of ways they can reduce profits ? I think it's a hoot that he is now financing testing to see if 1 GB blocks are feasible. https://twitter.com/JihanWu/status/904184380083519488 Forget the raspberry pi to run a node, you couldn't even run a node on a very high end gaming rig with those kinds of blocks. I think Wu even had an interview recently about this. He claims that IBM offers a server about the size of a brief case that runs the node, or something like that. I wonder how much that would set someone back if they wanted to run a node? |
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Sorry to comment about WAVES... but the fucking mods have locked the Waves thread and yesterday I created a second waves thread that was thrashed by the mod.
The waves community is being censored here in BITCOINTALK and not allowed to express their opinion. (Bullish)
I also bought more BTC on the last dips.. The next BTC break out will be memorable but it wont arrive until the 2X drama is over.
I don't think the 2x drama will be over. anytime soon Even if the all the pools decide to keep mining 4k WU blocks, and under; expect much sabre rattling from the big blockers as they hang the threat of mining bigger blocks over our heads. Just like they've been doing all along with BU, bitcoin classic etc etc. |
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Well, I decided to move my BTC to segwit addresses. Hope the dev can start to allow for these addresses to be included in the airdrop by November. Otherwise, I will HODL the free bytes and blackbytes that I got so far. Hope the new market plan takes off.
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This is not an official subsidiary of Poloniex. |
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K, I'll just login then. I would have expected some announcement though of a new design/domain/everything.
Yes, a few months ago, there was the announcement that the service would be discontinued on Aug 1 on the opening web page. Then the announcement no longer was present and the site still worked after August 1st. Now they just change domain name and web page all of the sudden. The roll out of this change could have been a lot better. I speculate the original creator probably sold his baby to someone else. Hope they are on the up and up. I suppose that I should join the slack, and make queries on what is going on. However, I'm an introvert and don't really care for real time interaction, especially when no one who can answer my questions isn't online at the time and all I get is crickets.  |
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