The price is based on supply and demand. We had this case with India and China too before they close their exchanges. If for example India had a high demand for bitcoin then you will see a 5-10% higher price compared to International price in the other exchanges. It's totally normal, If you could manage to register there and somehow sell your coins then you could actually make this profitable for you.
Indeed, especially in some countries which facing economics or political issues which fiat currency devalued happens rapidly such as in Zimbabwe recently. Last month’s expensive bitcoin is this month’s cheap bitcoin, and the intense demand for the digital currency has since pushed it to over $19,000 globally as of this writing. The premium that’s been in place at the continent’s Golix exchange remains in place though. As a consequence, one bitcoin there is currently trading for around $32,000, down slightly from a peak of $34,000. https://news.bitcoin.com/bitcoin-trading-40-premium-africa-heres/Can you imagine, bitcoin worth $19,000 on most exchanges across the world but not in Africa, almost doubled in price. That's the power of a decentralized digital currency. |
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Bitcoin to $60,000? Yes, around $40K to go as bitcoin will set a new level of $20K soon.
Well, we don't know yet if bitcoin can reach that as nothing for sure in the future, but according to many predictions, it's achievable in 2018.
If millionaires allocate merely 1 percent of their holdings into bitcoin, the bitcoin price could reach $60,000 in the mid-term
Bitcoin does not need high profile investors and large-scale traders compete in a game of investing in bitcoin and cash out in short-term as it may harm bitcoin price significantly. Bitcoin needs real adopters, investors who believe in the potential of digital currency as means of payments which better than fiat currency that monopolized by central banks.
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It is impossible you can get that profit. Although it is enticing try to use common sense. A company who offers that such amount of ROI is next to impossible it is an obvious scam.
It won't be 600% a year obviously, but genesis mining isn't a scam. Not sure, where it comes from as I can't find "The Genesis Platinum Mining Contract 5000 GH" on their website and currently only monero mining contract which available. And look at this: Genesis has NOT sold BC mining for some time. Last time they did open up BC mining you paid now and waited months b4 it startedIt's a true story as the last time they sold bitcoin mining contract but contract holders can't mine at that time instead of waiting for months. |
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Bitcoin futures may affect the market indirectly as the contract settles in fiat currency instead of invest in bitcoin. People just excited as a big trading group put bitcoin to their trading list which caused a lot of buzz on Wall Street and triggered a rally in bitcoin price since it was announced.
But, current price seems steadily increasing and may reach $20,000 today or tomorrow. How about $24,000? Personally, I believe bitcoin may reach $25K by the end of the year due to bitcoin development and acceptance in some business and companies across the global market.
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Any coins in the market that really has usability or being used for the medium of exchange such as ethereum smart contract, will always gain more value over time following bitcoin increases. Especially after ethereum nodes upgraded for faster transaction and normal fees.
But, there will always correction after bulls run and ethereum will set a new level to hold on.
Bitcoin seems to gain more value which may affect altcoins prices, but ethereum still on the green side though.
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Interesting and I want to join your telegram channel, but after click the link:
Page Not Found
The page you have asked for may no longer be available or may have moved.
Searching below may help you locate the items you’re looking for.
Well, I will search manually "cryptolionstrading" on telegram then.
No pump and dump, right? So, how to calculate or predict which coin will be rise on the current market situation where bitcoin on rally right now?
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I am, admittedly, new to Bitcoin but this question never leaves me. If bitcoin is not a bubble, if bitcoin somehow makes itself the international standard currency, what happens to the people who never bought bitcoin? Will they be provided a timeframe in which they will have to exchange their money from traditional currency to the cryptocurrency before traditional currency is phased out and deemed worthless or will there be another method of transition?
Bitcoin still in the early of development, it's way too far to think about bitcoin become the international standard currencyIn fact, I don't think bitcoin can achieve that due to some basic reasons such as; - Fiat currency is the legal means of payment in every country, bitcoin is not. - Bitcoin can't afford massive transactions due to scale problem - Bitcoin is an alternative currency, doesn't meant to be the main currency to replace fiat currencies such as dollar or euro. |
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Your transaction on April 25th, 2015. After 2 years 7 months ago, you still have electrum seed?
If you mentioned address 1CJWJxj9ojCgSmZVh4FfT12RxfMxvM9Bqh which has received BTC0.22414000 on that day, then it should be there.
Which wallet did you use to receive it?
1. Electrum 2.0.4 133 Friday, April 17, 2015 approved ??
2. Electrum 1.9.8 167 Thursday, February 5, 2015 approved ??
Since your laptop has been re-installed, then I assume you are using electrum 3.0.3 right now?
It should be easily recovered, I'm not sure why it can't be done, maybe there is a wrong step.
As you have the seed and password try to;
1. open electrum
2. file > new/restore
3. name of the wallet
4. standard wallet
5. I already have a seed
6. fill the seed
7. next, follow the final steps
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days ago there was a guy who posted the same problem that you are posting today and apparently that should be a problem on the yobit side. Now, you should be familiar with the bad reputation that yobit has, you should not have used yobit because they do not respond to support tickets, they have many scam accusations that have been opened and have never been resolved. There are many people who have already lost money because of yobit. consider your lost money or try to hire a lawyer to solve your problem
Yeah, that's why it's better to avoid Yobit and most other exchanges from Russia as there are too many accusations and problem about their services. Yobit isn't scam but almost become "scam"  like 50:50 If you have sent pm to Yobit account on this forum or if there is no answer in their thread (if you ask on Yobit thread), then try another way as mentioned someone here: https://bitcointalk.org/index.php?topic=1378867.300( sign up for a new account, and submit a support ticket asking when the password support feature will be put back online) |
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For example, in Japan already in all use bitcoin. What kind of bubble can there be? Of course, if you create difficulties for him, you can really think so. I think that in the beginning great popularity will be used by small countries to use bitcoin, only then will big ones come
They are calling it a bubble because of its incredibly fast growth, but there hasn't been anything like it since the invention of the Internet. Facebook has been going through a similar stage, the difference is that it's not a tradable asset, just a company, while BTc is independent and decentralized. While FB can be shut down by the US gov, BTC can't, but i'm sure you all know it already. I hope the naysayers will realize it too and better sooner than later (for them, not for us). Yes, the best point of bitcoin; it's decentralized monetary system which can't be stopped by the government even if a country ban bitcoin, doesn't mean people can't use it as a medium of exchange, to transfer funds everywhere across the globe. It's enough with the word of "Bubble", bitcoin has real usability as an alternative currency, although bitcoin network still can't afford massive transactions. Bitcoin just need two things to achieve another milestone; proper scaling implementation and acceptance in some countries such as in Japan. |
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[...]
1. Once an entity gets a Bitcoin address it's permanent to that entity
Not necessarily, in theory you can also sell / buy the private keys themselves, without a public transaction on the blockchain. Of course you'll have to trust your counterparty and forgo the security of the blockchain in that case though. So if I use today's sophisticated Pattern Detection and ML, AI algos (I am not well versed), can't I actually map the physical entity to the Bitcoin address and know who that person is ? [As it is 1:1 mapping]
So I guess even if we are ready to adapt bitcoin for currency we can't guarantee no one can know who send money to whom, right ??
Normally, bitcoin isn't anonymous but pseudonymous as every transaction linked to a specific address and listed on blockchain permanently. But, bitcoin can be completely anonymous and can't be linked to a person if never been going through an exchange, especially if you bought the private key as mentioned above, or in this case, bitcoin mixer can break the link as they give you a new private key which not linked to you. |
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Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks
Actually, most pumps and dumps activities start in secret as there are many groups which aim to pump and dump a certain coin. But, there is some normal sign that indicates a coin will rise soon, such as good news about its development and acceptance which lead to increases trading volume. You can watch over some big exchanges such as Bittrex, Poloniex, BitHumb to see the trading volume for some potential coins that maybe get pumped. But, don't get me wrong, do not invest in shit coins which out of nowhere, been around less than 6 months or just deal with the risk of lose. |
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The best tip on saving money is a way which you can save but nearly impossible to withdraw it  If we consider some way to saving such as; saving in a bank for a certain time (deposit), keep your wealth in gold or saving in form of cryptocurrency or even saving in form of investment such as buy a land, build a business or buy some ASICs for mining. I would recommend to saving money in every way you can achieve, but for a start, just buy some fractions of bitcoin or as much as you can and keep it on paper wallet which may be harder to spend it instead of keeping it on exchanges wallet or web wallet. |
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Too many news from South Korea which leads to uncertainty, doesn't have regulations, consider to ban and now consider to tax capital gains.
Well, the tax is better than ban bitcoin obviously due to South Korea awareness ahead of Japan and US which their trading volume is one of the biggest across the global exchanges and become a country which primed for bitcoin users. Bitcoin price will crash such as when China cracked down all the exchanges because South Korea is one of the big players in the crypto-market.
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50 sat/byte is a pretty high fee in my opinion, my last transaction on December 3rd confirmed within 12 minutes and I just paid 19.2sat/byte.
and since then, the mempool getting flooded with too many transactions or hashrate have switched to another coin or whatever it is.
The fact is blockchain need to be upgraded, the scaling issue has been discussed for years and segwit has been activated since August but not being used properly at this point.
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Most people own less than .01 BTC The fees to sell or transfer this .01 BTC is getting absurdly expensive and will continue to rise. My theory is the fees will become so high that most people will just hold onto their BTC rather than sell. Eventually the addresses holding huge amounts of BTC will start to sell. It will clog the blockchain and fee prices will sky rocket even more. The transfers will take longer and longer to confirm and everything will get "stuck". I believe this will fuel more and more panic selling as everyone tries to cash out at the same time. What do you think about bitcoin fees and the .01 theory?  Most people who have been in crypto-word more than 5 months will have more than BTC0.01 even don't have to wait for months to purchase BTC0.01, people can buy it right now through exchanges, except you don't have the cash to buy it. What do you mean about .01 theory? Trade bitcoin addresses which contain BTC0.01 instead of sending bitcoin which cost a high fee? it won't work for global transactions, only works for people who agreed to do so, but have to trust each other or prefer to do OTC transactions to be safe. However, blockchain nodes will be upgraded or lightning network will be implemented to solve the scale problem and bitcoiners don't have to pay high fees anymore, hopefully. |
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Bitcoin price tanks over $13,000 and won't likely to fall down any further without manipulation on the market, and the price bounces after touched the bottom line, recover to $15,000 right now. Even there is a possibility of bitcoin be able to reach $20,000 or $25,000 in this month as the demand for decentralized digital currency become famous in the last few months more than ever. However, people tend to expect steady and constant increases over time such as $500-$1000, instead of bitcoin get pumped significantly within a day but get dumped again. Time to buy? Bitcoin has real usability and meant to be an electronic cash system and be used as an alternative of payment method, that's why everytime is the right time to buy as the price will always increase over time and predicted will reach $100,000 in 2018.
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Depending on your perspective of "go down".
Some corrections after bulls run? Yes of course, there will be some minor corrections due to people want to cash out their profits. But, go down below $10,000? I'm not sure as no one can predict what will happen in the future, as I believe $10K is the new level of bitcoin price without major correction or price crash caused by government regulations or political problems inside the community regarding scale solutions to afford so much transactions that will come over time. That are something inevitable in the future as bitcoin gain more and more attention every day.
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Bitcoin has proven constantly increase over time, even after reaching $10,000 which is not a stopping point.
Bitcoin price tanks above $13,000 right now, maybe won't fall even further, less than $13,000 due to the huge demand of bitcoin after some speculators such as McAfee predicted of bitcoin will reach $40K - $100K in 2018, a fantastic price for bitcoiners. No wonder why bitcoin price gets pumped so fast after reach the milestone of 5 digits.
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