The price is already climbing again on his way to $5,000 mark
Well it's climbing to the $4300 point, where it faces some resistance. I think people are holding off till segwit is activated, and then they'll wait a few days to see if it is being used. |
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How think what price BTC will be after 23 August?
I think $4500
You're actually very very close. I'm surprised at how accurate this prediction seems to be. Right now the price sits at a respectable $4150 per coin on most exchanges per bitcoin, which is more than enough for me, personally. Remember this is not even a week until Segwit gets activated, and i don't think the bullish trend is going to stop when that date comes. $4500+ would be a decent level, but every single time there is a pump it always overshoots. Therefore, i think probably 4600-4700 per coin 1-2 days after SW activation. This is crazy, crazy stuff though. I would have been considered a maniac for saying these things a couple of months ago. We will see it soon  Wait few hours and to the moon  I think it depends very much on the mempool being cleared. If it is not, we'll see a sell-off. |
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Is not segwit a solution for the high fees?
In theory. But in practice I'm not sure people know how to use it. We shall find out this week if it helps or not. |
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For most of us here we are all gonna stick with Bitcoin because it is the original crypto and no one can really touches it with regards to being no. 1. But it is ok to get some BCH as a hedge for other altcoins.
So for me, its also good to have some BCH, but majority of my coins are bitcoin and I will never shift my trading portfoilio, unless bitcoin value has began to decline, but I doubt it will happen.
This is the right answer. Hedge your bets people. If segwit doesn't really work in bringing down the transaction backlog and lowering fees, then bitcoincash will become the main coin used to move money. |
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Why do most new Altcoins list on Bittrex first before other bigger Exchanges like Poloniex. Are they less strict or what? What exactly is happening.
Poloniex used to have a huge number of coins, but in about March they culled a lot of them as they weren't doing a lot of trade and were just gumming up their engine. When a trading engine gets to a certain size with lots of users, you can't afford the small coins, because they slow the whole thing down. Kraken has just removed a whole bunch of pairs too, to improve the performance of their engine. With Bittrex - they do list coins, but they also aggresively delist them if the volume of trades falls in a two week period. |
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Its already august 23 and the price of bitcoin as of now is 4200 dollars and it will continue increase again. Even the price of bitcoin yesterday decreased it will back again to the current price. And i hope it will increase more in this week and possible price of the bitcoin become 5000 dollars before end of this month or next month. So its better if you buy bitcoin and for sure you will earn a lot of profit.
I personally think $4200 is a ceiling and it will fall back once segwit activates. There is too much uncertainty going on with the different mining groups and the messing around with block times. It's only when it all settles (perhaps in a month) that we shall see the true picture |
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I don't think verifying your account would cause any trouble as long as you are using exchanges legally.
It's not to do with legality - most people use exchanges legally. Rather, it's the fact that exchanges get hacked and then all the details are sold on the dark web. If your email address and password are sold on, no harm done as long as you arn't using that password elsewhere, and you have 2FA enabled. But if your ID is sold - passport pictures and all the rest - it's rather more serious. Sadly, exchanges tend to be very lax about their security, and they shouldn't be if they are asking people to upload personal and sensitive documents. |
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And who guarantees that they'll have any income from the commissions? if token holders will only get 20% of the fees then who takes the rest and why? didn't they sell their whole shares as tokens to investors? I'm not accusing them of anything, I'm just saying there is no assurance about their future revenues that's all. No idea. My advice, don't put any money in yet, wait and see if they actually pay out and then buy the tokens if they do. |
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This is normal for bitcoin, and because it went up very fast, it's come down again quickly too.
Also, some advice: don't get fixated on round numbers like $5000. The sell offs usually happen before them, and you get caught out if you wait for a few dollars more just so it's a "neat" number to sell. Trading isn't neat.
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If it's correct, it is the end of Bittrex.
The major reason for people to use cryptocurrency is anonymity.
If bittrex wants to sell the user info to CIA (kyc), I'm leaving it.
It's not the end of Bittrex, because bittrex is still the most stable trading engine out there. I agree if their engine had glitches, AND they were making it difficult to withdraw, they would have problems - but that is not the case at the moment. |
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It depends on what you define by crash.
In the world of stocks a price decrease of 10% is already a major crash.
In the cryptocurrency world it's just something like a rather bad day. Maybe even recompensated tomorrow.
Corrections can come every time.
A real crash (I'm talking about 70% loss) I doubt that. It would need a trigger for that to happen and don't see something like that.
Not even a possible fork of bitcoin.
I think bitcoin is now down by 20% - that's a substantial chunk of change at these price levels. You are right that in the alt space, that is nothing, and that would also have been nothing in the early days of bitcoin. But the volatilitu should be dampening down as bitcoin gets bigger, not staying the same. |
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Like the price from 4000+ goes to 3800? Will it rise up again or that wont happen for now.
You know the old adage "Buy the rumour, sell the news"? Well after the hardfork of August 1st, the next thing was segwit getting locked in. Bitcoin soared on the rumour it was happening, and it will now get locked in today/tommorow, and the speculators are cashing out. Same thing happened with litecoin: the announced that they were doing segwit, and as the miners started accepting it, the price soared. But after it got locked in, people sold. |
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From today (August 22nd) Kraken is disabling some features: https://blog.kraken.com/post/1234/announcement-delisting-pairs-and-temporary-suspension-of-advanced-order-types/The following pairs will be delisted with all outstanding orders being canceled
XBT/GBP
ETH/GBP
XRP/CAD
XRP/JPY
EOS/EUR
EOS/USD
XLM/EUR
XLM/USD
GNO/EUR
GNO/USD
REP/USD
The ability to create new advanced orders will also be temporarily suspended (so you will only be able to create basic limit and market orders)
Open orders will remain open until cancelled or executed, but you will no longer be able to create new orders in any of the following advanced types:
Stop Loss
Take Profit
Stop Loss, Take Profit
Stop Loss, Take Profit Limit
Stop Loss Limit
Take Profit Limit
Trailing Stop
Trailing Stop Limit
Stop, Limit
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This was was not communicated!!!!!
It's not like i am trading and withdrawing for free. When I signed up I did not agree to the above. i should have been notified of the change.
No Fair service provider changes terms and conditions and does not notify affected clients.
I suppose they assumed people were reading their blog. There is nothing you can do apart from withdraw 0.025btc a day till you have withdrawn all your coins, and then try another exchange. |
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0.025 BTC This was changed without notifying me .. and now I ether verify or pay over and over to withdraw. Do you have 2-factor authentication enabled? What's your account type? (basic/legacy/enhanced). Why don't you just verify yourself? Nothing to 'beware' of bittrex here. I have 2-factor. I don't want to verify! I traded within the the original t&c's why is my daily withdrawal limit reduced? Bittrex changed their rules in August: https://support.bittrex.com/hc/en-us/articles/231701788Withdraw Limits
If your password has been changed, you cannot make a withdrawal for 24 hours
If your account does not have 2FA, you are limited to withdrawing up to 1 BTC (or equivalent) per day
If you have an account created after October 30th, 2016, your withdrawal limits are:
Unverified Accounts created before 08/01/17: 0.025 BTC (or equivalent) per day
Unverified Accounts created on or after 08/01/17: 0 BTC (or equivalent) per day
Basic Accounts: 3 BTC (or equivalent) per day with two-factor enabled.
Enhanced Accounts: 100 (or equivalent) BTC per day with two-factor enabled So if you got your account after October 2016, then you are going to be limited in how much you can withdraw. |
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I have my bitcoins i poloniex and i would like to get bitcoincash is that possible?
Can anyone help me i really want to get my cash If you had your bitcoins on Poloniex prior to August 1st, they should have already distributed your Bitcoincash to you. If you transferred your bitcoins to Poloniex AFTER August 1st, then you will need to buy the bitcoincash in the normal manner. |
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I sent my LBC from Poloniex to Bittrex a week ago and still nothing, I have my TX and open a ticket with Poloniex but they do not answer....does Poloniex have a bitcointalk thread I can use? They are really bad service
Join reddit, and then send a private message to the following user, quoting your ticket number and explaining your problem: https://www.reddit.com/user/Mike-Poloniex |
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Overtaking bitcoin will have to mean a lot of things and efforts to be out into play and this will only happen if the recognition given to bitcoin by supporters such as exchange sites, faucet sites, crypto news sites, financial websites, crypto blogs decides to withdraw their support and then dedicate that to BCC which will be interpreted to those coming in fresh to be the real btc. And if you ask me, the number outside is very much more than those already involved with bitcoin.
The two biggies are Coinbase and Bitpay. At the moment both only deal in bitcoin. If they ever enable bitcoincash, then it has a chance, especially as the big blocks mean transactions always get picked up at a low fee. |
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Hi.
Currently, I have DASH, BitcoinCash and TRUST in my portfolio all of which are falling drastically. Should I sell or hold? Please advice.
Thanks
MKM
It depends entirely on the price you paid. Are you in profit on any of them? If you, you can crystalise the profits and walk away knowing you haven't lost any money. With Dash and BCH, there will be future pumps, so you could exit your trade then (if you have the patience to wait). Don't know anything about TRUST. |
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