Hi
I have high security level with my passwords and my MAc machine, form 10 days i try to open my poloniex which funded with $500 and found this message
"""Your account has been locked. Please contact support."""
I contacted support many many times in the past 10 days and no one reply!
checked my email and found login trials from Russia, that was successfully. but no emails about withdrawals ( i have 2nd factor for withdrawal)
so did poloniex streal my money?
Well there is really nothing you can do about it. If you have login attempts from Russia, then that is definitely the reason why you were locked out of your account. It is likely that he logged in successfully in a remote area, causing this alarm to be set off in poloniex, to lock your account. Unfortunately as pawell said, poloniex support is overwhelmed atm. But honetsly, i think that they are selectively ignoring certain tickets and blaming it on the high load of tickets because they have liquidity issues. That's just my speculation though. Hopefully you get your mone yback, and don't use poloniex again because it's got so many things going wrong atm. |
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We have received reply from Electrum author. Plugin won't be included in wallet by default. Author believes it would create a law risk to add mixer into wallet. Our hook was merged so our plugin will work with new version, but it will need to be installed separately. We have published an article at r/Bitcoin about how to use ChipMixer to avoid upcoming "declare cryptocurrencies" US law: https://www.reddit.com/r/Bitcoin/comments/6jzc41/easy_way_to_avoid_upcoming_us_declare_btc_law/Well, Electrum's reasoning isn't that surprising tbh. They obviously want to be free of any affiliations to bitcoin mixers/tumblers even though they offer more anonymity to transactions which is somehting that bitcoin is based on. After all, they are offering this service and they are free to do whatever they want to. But still, downloading it separately isn't that bad either. The crypto declaring law in the us is completely absurd. There is in my opinion no way that they can check any of your belongings to see whether you have bitcoin or not, because it's just not possible... There are infinite amount of ways that you can hide your recovery seed/private key, which only you know. But Chipmixer's idea of having a 2-2 multisig is brilliant as well. Some skeptism on reddit i see right now but i think security of my funds aren't really a concern with chipmixer. |
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Obviously trollbox got disabled indefinitely by poloniex. I think that their reasoning of not enough support staff is BS. Because they could have easily hired more when they are making countless hunderds of coins per week, or at least just kept the trollbox with a few less moderators. There is way too many moderators in the first place. It is most likely that they are trying to cover up their withdrawal/deposit delay issues. Well I actulaly really like this, I think that the idea is great. There are some slack channels available for poloniex traders still, though. But the fact that you have the coin prices in real time alongside the clean interface is great. I think though that the fact that you have a .fr domain name sort of discourages anyone outside of france from using it... Maybe change it to a more generic domain name, not country specific. |
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The problem in poloniex is there withdrawal issues because if is in "Awaiting Approval" it will takes so long to delivered in the address that you want to send your bitcoin
But they are pretty fast on accepting the bitcoins, there is no delay but when withdrawing they require lots of time and sometimes and to verify the account which sucks. OP, poloniex is overloaded with requests and their website loads very low and when I try to make sell and buy orders it is very slowly, sometimes you can not catch the best rate because of this delay. Exactly, that's whats happening at the moment and why so many people are pissed off. A lot of trades aren't being executed on time because of the "lagginess" due to apparent Ddos attacks on the poloniex website. There are theories that polo is having liqudiity issues, and trying to cover things up by getting rid of the trollbox etc. Personally I haven't had issues with withdrawals, at least yet. But others have, and seems to be ignored rudely by support staff. Bottom line is - don't use it for trading for now, and withdraw all assets you currently hold if you can from poloniex. |
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Are there any good exchanges which don't have problems to withdraw bitcoins and don't require pic of id card etc?
This does not really go well together. You either sacrifice some fund security for convenience and anonymity, or the other way around. The best you're going to get to complete anonymity is a) Bittrex, although they sometimes do freeze accounts without verification when you deposit more than $1k in cryptocoins though i've had more than $1k and never had an issue and b) Shapeshift, which is an instant exchanger, but have higher spreads. You'll find that most anonymous exchanges will have only altcoins, no USD. If you want to sell/buy fiats without withdrawal issues, use LBC. Safest and most convenient place around, lots of payment methods supported. |
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Whats your opinion about BTC worth USD about next few days?
Current Price: 1BTC = 2669.04 US Dollar
The price in my opinion is going to go up to retest the $3000 level, and if it gets over then i would expect the price to stabilize at around $3300-$3400. If it fails to generate enough momentum to break that $3000 barrier then things may indeed turn ugly. People may start dumping because they are uncertain about how the UASF will pan out, driving the price into a downward spiral. It seems like though that if you buy now you're pretty much guaranteed to at least make $200 profit in a week or two. Whatever happens, we are definitely going to see prices that are close to $2900, whether it breaks $3000 or not though is a different matter. |
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I need advice i want to invest in BTC i have about 15k should i do it now? or should i wait til after August 1st just incase the price drops?
Please help me.
Thank you,
Brendon
Buy now. Bad advice. Buying now would mean overpaying so much for bitcoins. I do tihnk that after the fork bitcoin price will stablize a bit and eventually climb back up to another ATH, but before the fork there will be a lot of panicky people. People will spread FUD all around the forum and say that bitcoin will never be the same again after the fork blah blah blah, leading to more impatient traders dumping their coins. This is the perfect opportunity to load up on cheap coins. This is basically my trading strat as well, buy when everyone is panic dumping, sell when everyone is optimistic. I would expect that on July 29-31 there will be a wave of people moving their coins into fiat accounts, driving down the price. |
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I think some people are viewing bitcoin as a magic lamp and expecting to Make instant, continued, profits. It is going to fluctuate folks, it is a living, breathing, tradable, commodity. It will go up long term and it will go down at times. If you cannot stomach the swings simply hodl.
This is completely right. Bitcoin in the long term will definitely go up because there is only so many that can be produced by miners, but short term a lot of people worry about oh, is this going to crash or is it going to go up. This kind of worry is good because if you can get yourself a nice deal at the bottom of the market and sell at the top, and rinse and repeat then obviously it's going to be more profitable than bagholding. But overworrying isn't the way to go. @OP, i think there are two things right now that will affect bitcoin price drastically: 1) Legality of bitcoin in countries, whether more countries legalize it will have an influence in short term pricing 2) Whether other altcoins gets pumped or not. If ETH recovers then bitcoin will probably go down, and vice versa. |
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The Chinese bitcoin exchanges has certainly gotten a lot smaller ever since the government stopped bitcoin withdrawals on most of the chinese exchanges such as BTCChina, Huobi, OKCoin etc. and all the trading activity basically moved to localbitcoins which obviously has a 1% fee on all exchanges compared to 0 fee on btcchina, meaning that volume is significantly lower as prfoits have gotten less and less. I think that the current pump is a healthy one. There is essentially no way that we are going to go under $2000, and if we do, people will buy coins asap because they know from the experience over the past month that bitcoin should be naturally be valued at over $2000. It is nothing like 2013 because if it was, bitcoin would be at $1250 right now instead of $2750. If we can get more countries to legalize bitcoin, like INdia, austraila, and japan, then i think we can actually turn this "bubble" into a healthy market. |
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As I was then expecting last week, there would be a little surge of Bitcoin price within this week and it our darling currency pushed over $200 to a high of $2783.
While understandably there are those who are spreading FUD all over the net on the August One Event, the market is already getting immune.
The major reason for this recent surge is the news that finally SegWig2x consensus has already surpassed 80% and we can soon see what the whole Bitcoin community is wishing for.
I have a strong faith that eventually things can get ironed out and that the interests of the majority would prevail as we are now witnessing the history of Bitcoin unfolds before our very eyes...with Bitcoin evolving and progressing towards the future.
The resaon for the adjustment i think came aloncg with a lot of altcoin interest. I mean if you look at the coinmarketcap historical snapshots a week ago you see all the altcoins going up even though bitcoin is going down in fiat terms, which means that they are just absolutely shooting off the charts. This is obviously not something that is sustainable. I like to think that when there are ICOs, money flow out of bitcoin, into altcoins such as ETH(most ICOs only accept ETH these days) to obtain the tokens that the guy is after. I wouldn't be surprised at all if this new surge in price is caused by ethereum crashing. There is only this much money in cryptos, and if eth goes down, bitcoin goes up. It's sort of a 0 sum game. I wouldn't be surprised if ETH loses another 10 billion in market cap soon, boosting the bitcoin market cap to over $50 billion and therefore bitcoin will be over $3500. |
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How would a cashless society look? Everyone would by equal. Everyone would by rewarded by working hard. People would trade items off worth with each other and lend stuff out for something else. I don't see much wrong with that it happens in some countries already.
I don't think that would be the case. A cashless society simply means that people are not using cash, but rather some sort of non-physical means of transferring money. For example, debit cards and credit cards as you said are already very widespread in developed countries and will or even has already overtaken cash as the number one method of paying. However, you seem to think taht a cashless society would be a way to eliminate inequalities in this world - this is simply not true, or only partially true. If we have governments issuing their own "tokens" even on a blockchain, they still have control over everything. That is no different to cash at all, it's just another way of representing cash in a digital form. Only if we use a global decentralized cryptocurrency will it help the inequality situation at all. |
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New fee structure started today. Here's the news article about it: https://news.bitcoin.com/localbitcoins-new-fee-structure/I received (what was supposed to be) a $20 transaction to my localbitcoins wallet, and was charged a little more than $1.40 "deposit fee". The sender paid over $2.00 fee to send. This seems pretty excessive considering the small amount being sent. Aaaand... I'm switching wallets  You were using them as a wallet provider? That's seriously not a good idea because even though they might be legit now they could be shut down by government or just go scam one day and claim that they are hacked. i mean they are one of the most trusted platforms out there for p2p trading and probably the most popular one as well. But considering the same could be said about Cryptsy and Mt Gox and now, poloniex for their side of the crypto world, i think it is clear that if you don't hold your priv keys, you don't own the coins. This new rule is going to mainly affect small buyers, and will benefit sellers. Right now sellers are eating all the fees, the 1% escrow fee as well as blockchain fees. buyers are paying 0. Although I do think that buyers should pay some of this as well, $2 is just riduculous. They are basically charging the blockchain fees twice, and pocketing the change A better model would be to have escrow fees paid 50/50. |
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I see some really high returns on there. Based on my knowledge about Yobit, they are essentially an unlicensed exchange that is based on nobody knows land. Nobody knows what they do with client coins, nobody knows where they are located, nobody knows how they are generating that sort of profit. Just by saying on their page that investments are 100% guaranteed does not help. Sure, it's backed by their own company, but if they go scam(go to scam accuastions and you'll see at least 3 yobit accusations per page), then your funds are gone. No thanks, i'd rather invest in casino bankroll than this stuff. Their customer support is nonexistant when something goes wrong. |
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Yeah of course this is possible, and it even has a name, it called arbitraging and a lot of people already do this strategy for profit and I'm pretty sure I know some friends who do this. I have asked them about their opinion and this is what they said
"Arbitraging is pretty safe and usually successfully way to make a bit of profit but there are too many variables and it's not worth losing sleep over to make 100 or 200. I invested around 5K into Bitcoin and bought around 2 bitcoins, thoes 3 months where I watched the market and everything go up and go down, where the most stressful time of my lives, I remember not being able to sleep and just on bed watching the market since I was waiting confirmation that day to sell half of my BTC"
Not exactly what he said but I think I got the point across
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Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
In my opinion, I think we need both since the transaction fees with be probably too high of we just used bitcoin. There are also way less transactions with Bitcoin then compared to credit cards and other forms of payments. I don't think we will be able to just use Bitcoin as our currency since it would be way to hard to just replace regular currencies with cryptocurrencies, it would have to many variables and it would just be painful to make the change. I think we need both of them to co exist since cryptocurrencies have really helped out ecomony, with providing jobs for heaps of people. The big problem here is acceptance, with no doubt there are heaps of places that don't accept cryptocurrencies compares to the places which accept other forms of payment. How would we make all the shops accept Bitcoin as much as the shops that accept cash or credit card. This is the real question |
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Yahoo was the first (?) search engine at the time when Internet started. It was the pioneer in its field. In the late 90's its market cap reached to a high closed to $120B. Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.
After 22 years, Verizon bought it for $4.8B. Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?
What do you think? Please provide your reason(s) to support your view.
First things first, Bitcoin is not the first cryptocurrency ever made, there have been projects for cryptocurrency but none of them have turned out very well. I think the problem with yahoo though was that they tried to expand too fast and they didn't have enough time to make all of them good. Yahoo sound have just done search and not expand into email and all of that I think you are making this post due to the new ETH rise and since it rising now. But I don't think you should compare ETH with Bitcoin since they are very different things, ETH is centralised while Bitcoin isnt. But who knows, change happens and no one can predict the future and what will happen in 5 or so years. I am still sure that no one is making any new cryptocurrencies right now. Who knows, maybe Bitcoin will crash but right now, the future for Bitcoin looks pretty bright. Good luck people. |
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Any amount of bitcoin is good to start with, sure 1 BTC might be ideal to get you started trading and all that. 1 BTC isn’t a really big amount to be honest. We need to stop this negative thinking about how one bitcoin is so hard to earn while in fact if you put some effort in it, there are heaps of campaigns to earn bitcoin and it won’t be long before you will have 1!
But I understand what you are trying to say, about how newbies are not really interested into bitcoin since dont have 1 BTC, which they think is what is needed to start trading and investing with Bitcoin. Well to all the new people, any amount is an amount to start investing in. So to all the newbies here, start before it is too late!
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The point of bitcoin isn’t really to be used in day to day purchases like groceries or etc. Bitcoin is a ONLINE currency which means to point of it is to be used online. For most transactions there is only a small fee of 2 or less dollars.
Right now I just don’t think this will be possible in the near future, since bitcoin is decentralised the price is very unstable. This and the long confirmation times is the main reason why bitcoin will not be used for any in real life circumstances anytime soon. No one would like to buy groceries for 0.01 Bitcoin one day and the next 0.002 Bitcoin, that would be way to outrageous
I feel these questions is being answered quite often, maybe go search for posts like this since they may already be answered
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Hi I'm a newbie to this whole thing although I've followed it since My Gox. I registered with an exchange and bought $1000 a few weeks ago at around $2200. It went up to 28 and I took some profit and then it started to drop and I got scared and transferred it to my USD wallet and then bought eth. And also I bought $50 here and there etc. Bitcoin started to go up again and I bought back at a bigger price then I sold it for. Then when it hit $3000 I didn't sell because I thought it was going to keep going up. It crashed and I sold again. I was trying to protect my original investment and at the end of the day I have $950 in my fiat wallet. I added up all the fees etc and I've spent $240 on fees etc! "Buy low, sell high" was lost in the craziness. Now I"m just waiting before I do anything else. Made a lot of mistakes and I"m wondering what is the way to go and is this an investment or a casino??!! Any input would be appreciated. My original goal was to buy 1 coin and keep it and another to trade the market. Thank you.
Right now, in this phase of bitcoin, the strategy of “buy low, sell high” is riskier than usual. Since we are just recovering from a drop in price, no one knows what will happen next. What I suggest is storing most of your bitcoin, maybe around 80% to 90% and use the rest to trade. When bitcoin drops, which it will eventually, It won’t be a bad idea to buy a bit there and there and keep storing it. Don’t invest or trade what you can not lose. One tip I will give you, never sell when the price just dropped, I would definitely wait for it to go back up since as history shows it, bitcoin always recovers from a big drop. And one more thing, never invest your life saving into bitcoin, way too risky and you could lose too much, only invest/trade what you are willing to lose. Good luck! |
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Hi,
I know you guys get asked this all the time. I'm new to cryptocurrencies, trading and I've never been involved in any sort of forums before either, so i'm sorry if I've posted in the wrong way.
I'm looking into the happenings at the moment and trying hard to catch up. It is a lot to digest and I think there are important dates coming up that I need to be wary of. It seems July/August are to be big dates for Bitcoin and I am trying to understand if i have already missed the boat and if the risk/reward is too high/low.
Am I right in thinking that the value of bitcoin could swing either way with a 50/50 chance after this date?
Is the current general thought for investors that after August, there might be a large dip, but it should recover to eventually get our 500k valuation (in a long way off), or if it goes south would it be dead in the water?
With the current spikes and new all time highs in the price, would I be buying in too high at this point?
Would i be better to buy as much as I can before these dates or would it be safer to wait until after and then buy in?
Sorry if have some misinformation.
Thank you for your time!
The answer to this question is all the same, Bitcoin in whole is a good investment option, but like most investments it doesn't come risk free. At this point I would have thought that the price of bitcoin would be much lower and I probably would have bought some if the price was lower, but since the price is pretty high right now, I would expect a drop in price sometime soon, maybe in around the next 3 months I wouldn’t be surprised. Try waiting for a bit of time for when bitcoin does eventually drop and then invest and sell that later when bitcoin recovers again. By my estimations, I think that bitcoin should rise above 3k at the end of this year. Looks like a good time to invest into bitcoin when it drops eventually. I still think that bitcoin will recover from any losses. Good Luck! |
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