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very interesting thread.
I wonder if there is in fact a link between futures ending on January the 18th and the spread of the South Korean crypto ban fake news ?
its all a bit smelly to me.
I agree with fanbeila, there was talk about the markets being affected by futures when they were announced.
It will be interesting to see hoe the next expiry date ends and more importantly the lead up to it.
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a very interesting question!
Well the way I would be generally thinking is if a coin has risen by over 20% in a short time-frame I would take it as being manipulated.
Before you get involved in a coin which is showing strong growth there are a few things you need to do.
1.) What is the reason for the sudden growth? so you have to do a bit of research, find a reason, if there is one.
2.) examine the facts, how quick has the growth been?
3.) what is the trading history? if the coin has not had any signs of such growth before and then it is suddenly growing without any reason, it looks fishy.
4.) if none of the above have any satisfactory answers, stay away or get in and dont leave the screen until you have sold at the right time, tricky and risky even for those in the pump and dump group except the ones at the top calling the actions but they wont be calling DUMP, just calling PUMP
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(i hope im posting in the right section here) I have general question regarding the above. I am running an old Dell XPS420 as my main PC which only gets used a few times per week this is currently running Windows 7 (non genuine!) and I am thinking of changing the HD as it is in there for about 10 years  I am thinking of switching to Linux Mint with the Mate desktop. I am also using Electrum, Exodus and Multibit wallets among other dedicated ones for Electroneum for example, will Linux Mint be a good choice above using W7 again? |
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I invested in the Electroneum ICO last year. If you are not familiar with it here is an interesting thread - https://bitcointalk.org/index.php?topic=2172271.0As soon as it hit the cryptopia exchange a lot of the tokens were dumped, but now it is making a healthy recovery from that dump - https://coinmarketcap.com/currencies/electroneum/I believe in the long term hodling of a token especially if it is a good working project with ongoing development. A lot of people are only into ICO's for the short term gain. |
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Because bitcoin is not a physical item they cannot be reissued. They are either with you or with someone else. They are not going to be on the table or in the drawer  Once you have your coins it is up to you to make sure you either spend them properly I.E send them to the correct addresses and to the correct recipient, or you store and secure them safely |
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All payments for last week have been made. Thanks, everyone!
Payment received as usual, thanks to devans, Yahoo62278 and to Bustadice. Thank you also for the Bonus. |
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To answer your question directly, ETH will be cheaper and quicker to transfer.
Three things to consider:
Litecoin: is just as quick and fast to transfer.
Deposit: you can deposit fiat directly into gdax
Transfers: from gdax to other wallets are free.
So it really comes down to time, personally i would choose LTC.
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I dont get it, Exchanges I imagine  make a ton of profit and I would have thought security would be of the utmost importance, after all they have a duty of care to their members to secure their funds. further evidence to avoid keeping funds on an exchange Im feeling very cynical and skeptical. |
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NO
1 week, 1 month and 1 year from now it wont matter.
The main objective of the forum is not to rank up,
its to learn and share constructively about crypto.
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Since January seems cryptocurrency market seems down I do not understand why? what's going on now?
There are many reasons like: 1. December was the pump month for whole Crypto. 2 BTC futures are about to expire this month, I don't know how exactly this influences but shorters are gonna win this season. 3. China and Korea regulatory FUD. three relevant points above. December shows now that the market was in fact over inflated with new people buying into the bitcoin train which seemed like it wasnt going to stop. The fake news about south korea was a real blow to crypto. Dont know about the futures either. But dont worry, the markets will expand again, there was too much unnecessary panic in January  |
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If you are not trading futures and are planning on hodling long term . . . just hodl. You are just referring to a FIAT value on a crypto coin or token. 1 bitcoin will always be 1 bitcoin  # I believe in the resilience of crypto and to its long term survival |
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but im not sure it guarantees people who post properly will progress through the merit system.
It's not supposed to. It's supposed to make ranking up significantly harder, which is a good thing in every single way.
The people who are voting 'very bad' in this poll are mostly 3rd world shitposters. phew, I'm glad I voted "Good" |
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I have mixed feelings on the new merit system. I agree that this will increase the quality of the posting in general but im not sure it guarantees people who post properly will progress through the merit system. I dont shitpost, i actually try and be constructive and voice my opinions but it does not guarantee a merit score, Its all a bit suggestive and may instead result in long winded posts twice as long as they need to be, i dunno. Anyway lets suck it and see, i just hope im not stuck im my current rank for longer than expected and hunting for merit points  |
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Hi I recently traded some bit coin for an altcoin that has a buy in of the lowest amount .00000001 and there are no buy orders only sell orders up, The volume has spiked 17-24 and now down to 13 is this a bad thing? they have a web site and seem legit. is there any hope for this alt coin should i try to sell everything to get my initial trade back?
What is this altcoin you are talking? That's the case for those low valued altcoins, they seem to be cheap but don't just purchase if they don't have buy orders. Sellers are just tuning in if there will be someone interested to buy that coin. There are two things that you need to think before selling it. 1. Believe - if you have this before purchasing that coin, then you'll stick to your plan by just holding it. 2. Recover - if you don't have faith anymore on it and you are like that who's worrying that much, take back your capital before something worst happens. At the value of 1 satoshi, it cannot go lower. You have to ask yourself why you got into the token in the first place? We as it price driven or did the coin itself offer something you liked? You will learn that sometimes, actually a lot of the time you have to be patient. And sometimes you have to make a decision to abandon your token for something else. |
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Personally I dont think this is going to happen and im not sure it would be good or bad for Bitcoin.
We need more adoption but from the likes of a global online goods seller im not sure.
While the price at the moment is kind of stable,
it could start a run like 2017 and become out of control which would not be good for traders of goods.
Bitcoin and other coins like Litecoin are perfect for Peer-to-Peer payments, cutting out any middle ground.
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Yes I also use Coinomi on my phone for a few Alternative coins including Litecoin.
Its very simple to use and has the added benefit of allowing users to store their private keys.
I have moved the wallet to a different phone with the private keys without difficulty and I have also used the SWEEP WALLET function
to claim forked bitcoin tokens, BCH and BTG, without issue.
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Bitcoin isn't moving very much just now. Up a tiny bit and then down a tiny bit. Would this be very boring for people. This might not encourage more people to buy. I think the only way people buy is if it's going up and down more. Because then at least they will have half a chance of making a good profit.
Sorry but your posting is the perfect example for what is wrong with the bitcoin community. ^^ It was designed to be a currency and guess what the best currencies are "boring" as fuck. But 90% of the people that are in bitcoin now don't now shit about currencies, markets, rules and other stuff. They are stupid "OMG, I want to be rich tomorrow." fools The fun part is that these people are the ones that make the smarter people earn money. And right now every newbie is late to the party. I bought my bitcoins 4 years ago and I sold them 4 weeks ago. I made decent money over that 4 years but even that was a.) a very short period of time to earn that much money and b) it was way more than what I expected. But right now it is like almost everyone thinks he has to become rich in no time while the hype train already has left the station. I agree but dont mean any offence to the OP. Crypto is seen more now as something to make a profit off. Crypto should be used more, there needs to be more adoption by buyers and merchants. Bitcoin is kind of stable now, which is perfect for a situation of buying and selling goods, instead of the senario where you buy a phone for 100$ today and bitcoin rises by 25% in 2 days and you are kicking yourself for not waiting. ideally a slow steady rise over the medium to long term is preferable for a proper working coin. |
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Interesting read.
I take from this thread that electrum is one of the better and widely used desktop type wallets.
It like all wallets of its type have flaws, and are fine for smaller bitcoin amounts.
The only 3 viable absolute secure options are: paper, cold storage and hardware.
?
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Firstly I think litecoin will always be around even when bitcoin gets lightning.
It is a useable coin, fast transactions and cheap transactions, something Bitcoin cannot do.
It is also a great coin to date to bank on because of its relative stability.
Last year it grew 7000% compared to bitcoins 5000%
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European Crypto Bank will be a pan-European Wealth Management and Private Banking in a New Economy expanding, day after day, to 8 Trillion Euros.
Nowadays, the whole World Market on Cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple, Dash…) is around $ 550.000.000.000 (*) and the Market requires some new Exchange and Trading Platforms, some new sources of Cryptocurrency Independent Analysis.
Our studies prove that the main service needed by Cryptocurrency Holders is a tax support, in order to avoid any problem with their National Fiscal Services.
How to make money on Crypto Currency markets by using a secure trading and exchange platform, taking care of your domestic internal revenue services and converting your Cryptocurrencies into all traditional assets without any risk of suspicion in money laundering or tax frauds.
Your project may very well be a good answer to what is possibly coming down the line in europe in terms of regulation and taxation.
I would like to learn more!
You should consider getting more involved here on the forum and creating an announcement thread and bounty thread.
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