Update:
On Jun-17-2017 Wings were refundet by Changelly. The issue is resolved.
Good to hear. However this is definitely not the only case that Changelly has held up a deposit on their site. In fact if you look at their reddit page( https://www.reddit.com/r/Changelly/) you'll see a whole bunch of complaints. This shouldn't have to happen. When I use an exchange I expect to function as it advertises, instant, easy, exchange. This is obviously not the case wehn you have to complain on reddit and on bitcointalk just to get your blockchain assets back. @Changelly, why can't you have live support to sort out this kind of thing? Your reputation is going to get very tainted by the constant delays in transactions. |
|
|
|
Yes it's hard to use bitcoin as regular currency. It wad quite easy during last year because at that time transaction fees was much lye.
With the increase in transaction fees it is not possible to send small amount of money and if you are planning to use bitcoin as a regular currency then it must have the capacity to send smaller valuation and as long as it is not possible you really cannot consider it as a regular currency. The thing is, nobody is going to use bitcoin in real life because of these high fees. Think about it, are people really going to pay $3 on top of the $2 that they usually pay for their daily cup of coffee? Probably not, that's a 150% markup, and if anyone tried to offer coffee at $5 per cup you'd call them a f****** ripoff!  Although bitcoin can't be used as a regular currency, bitcoin is still very useful. For example, when paying online, bitcoin is absolutely the king. You get 100% no chargebacks if you're selling, fast confirmations if you are a buyer(no need to wait for funds to clear overseas), and the transaction fee you pay does not change no matter how much you send. Maybe we should not look at bitcoin as a regular currency at all, it's a special currency in itself. |
|
|
|
the icos are getting more outrageous by the day. people are handing over millions for one shitty webpage filled with empty promises with a crappy voiceover.
at some point someone somewhere is gonna get heavy in a legal sense and the party will be over.
what happens to bitcoin in these circumstances? do people come rolling back or leave crypto for good?
and i know what some people will say, they can't be regulated, well, they probably already are but no one running them has bothered to check.
I'm pretty sure that there is already an open letter to the SEC from some guy on bitcointalk, right? I'm pretty sure that it is accessible on Twitter, and the contents of it basically say that ICOs are bad, you guys should regulate it, etc. I think that ICOs are basically a game for people to play right now. Everyone knows that the tokens they are getting are probably not going to worth anything practically, nobody is going to use the dapps because nobody is going to develop any in the first place. It's pure speculation. But a lot of money is going to ICOs through bitcoin, which means that if ICOs were banned completely then bitcoin is probably going to suffer to some degree as well. |
|
|
|
i do this question because i´ve read in this website issues with bitcoin, slow mining process, high fees, etc. and i´ve read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?
In my opinion, it is extremely unlikely. Anything has a chance to happen, however, so we can't really discredit altcoins altogether. But let's just say this - most of the altcoins are invented to benefit the founder and early adopters because there is either a premine, a crowdsale in which all the funds go to the founder of the altcoin, instamine, or a few hundred blocks that only the founder has access to solo mining, essentially guaranteeing his rewards. Also, taking into account that bitcoin is the first crypto to ever exist, i think it's fair to say that bitcoin won't ever be succeeded by another altcoin, just like silver will probably never overtake gold even though it is better to conduct small transactions with. Whether or not bitcoins ends up in the hands of the rich is something that is out of our control. |
|
|
|
Btc is correcting , may be we'll retest 3,000$ soon ?
Most likely, yes. Price has been extremely stable actually for the past 2-3 days, i would have thought that it would correct a bit more but no, the price is pretty much settled at around 2500 USD per bitcoin in stone. When there is stability there is going to be a pump in the near future. That's one of the first signs of a pump. Is it going to happen this month? I don't know. But this year we'll definitely retest $3000, and whether we break it or not will depend on whether the user-activated soft-fork goes well or not. And if it doesn't break $3k per coin then it'll likely impact a lot of traders physchogically, driving the price down. |
|
|
|
I know it is possible to sign up as a company to invest in Bitcoins on almost all exchanges where they sell Bitcoins.
How is this possible? I haven't actually seen any sort of platform that allows a company to simply "sign up" and invest in bitcoin automatically. I think you mean a company signing up on an exchange? This can be done by anyone, not just companies. And I haven't really seen any major companies invest in bitcoin. But I am just wondering, what is preventing companies to invest big in Bitcoins and then pretend that someone stole their private key and stole the funds, but in reality they just send the coins and exchange them through a bunch of different currencies and Monero etc that is "impossible" to trace? Will there not be a lot of money lost this way? I mean hacks etc are happening all the time so how would someone prove they did not get hacked?
take a look at all the recent hacks. a repeating pattern will be found, only hot wallets will be hacked. Cold storage if stored properly has an extremely low chance of getting hacked, unless it is an employee accessing the bitcoins from the inside. Monero is a real issue, because bitcoin is at least semi-transparent. But that's how it works, things come at a cost. And BTW, what do you mean by how would someone prove they did not get hacked? Why would anyone or any company need to prove that they didn't get hacked? |
|
|
|
No need to be so complicated. Thereotically, bitcoin price is going to be rising because it has a maximum amount of coins that will ever exist. The amount is 21 million, and the currency supply of bitcoin will get infinitely closer every single day, but will never actually touch that figure. I would expect that hyperinflation in fiat currencies is going to happen. It's just a matter of time. Bitcoin's inflation rate will slow down every 4 years whilst fiats will likely inflate more and more, therefore, the longer you hold your coins for, the more you'll yield. And btw Moore's Law has been predicted to decline for years now only to see new innovations in hardware (transistors, microchips, nano to silicon based and now quantum computing) simply verify his theory over and over again. It is possible that Moore's law will be broken in several years if traditional means of processing and storage doesn't get replaced by a completely new medium. It's just not physically possible to get transistors any smaller, otherwise electrons will experience some real weird shit and the whole thing just won't work. |
|
|
|
Apparently poloniex is going to become the new CRYPTSY, I'm having a bitcoin withdrawal with more than 8 days waiting approval. I can not contact them either by ticket or otherwise since they also turned off their trollbox and I ended up discovering that several people in the same situation with pending withdrawals. For me it is clear that there was a problem in poloniex not just a simple case of lack of staff and yes or they have lost a quantity of the bitcoins stored either for theft or are simply preparing to close and disappear from the map taking whatever is there inside. I ask that everyone pay attention and not make high deposits I will not even operate on it until I receive my withdrawal and make sure that it will not break. Proof http://imgur.com/a/gii8oIt is, it's a bit like Cryptsy in its late stages when only certain coins are able to be processed. Right now it seems to be completely random which withdrawals gets processed and which don't - but usually higher amounts don't get approved. It is extremely unlikely that you'll be able to get your withdrawal approved anytime soon. I haven't heard from anyone that have actually gotten their withdrawal after more than 30 days of delays. Trollbox was sort of the last link, but that's gone as well. I will not let this topic die or disappear from the scam section until I get a poloniex response. She's simply stealing several clients, I'm having a withdrawal waiting for manual approval of them for 12 days and they just do not respond to tickets anymore.
Good idea. Keep bumping every 24 hours for visibility, but make sure you delete the previous bumps beforehand. |
|
|
|
7 days ago we've created Electrum plugin. No response yet. No worries, here is Telegram bot:  What does it do?Allows you to use ChipMixer with Telegram chat client. Is it private?No. Here is quick list of who gets what of your private information: Telegram owner: - all the data - addreses, private keys ChipMixer: - we don't get your phone number or your ip - but we can link all of your sessions (not that we do that) Any strong points of bot?1. Easy to use, especially on mobile phone. 2. Every time you start a session, you save recovery link. This is not our main product but since we've had API for Electrum plugin ready, we did it as proof of concept. We are looking for feedback. This is a nice handy little tool. However, what's the point of using a bitcoin mixer if Telegram can get all your information, private keys, etc.? Sure, telegram is one of the best messengers out there in terms of their usability as well as them encrypting every message, but there is always a possibility that the company does something against their privacy policy due to a court order or something like that. I mean, using chipmixer even on telegram is definitely going to get you better anonymity than if you just sent the bitcoin yourself. Even if telegram does get your info, it'll be harder for them to trace and that's considering that they have interests in your activity anyways. But that shouldn't happen. Great work devs! |
|
|
|
This was due to happen. The bill is probably going to be passed to be honest. Because the government is just a bunch of central bank supporters as we all know because although the Fed is supposed to be an independent bank, it is just controlled by the government. There is an expansion of the search and seizure there from the last mention, but, guess what, if the government is looking for a reason to seize your wallets, then that is because you have done something pretty damn wrong to get there. These regulations are not created so that the police can ride up and down the street and randomly ask for a person's crypto wallet for a quick look.
I guess your America is way better then my country, in my country they put you on the list for no reason sometimes at random or sometimes because you critisized the governement (in my country they consider that you did something wrong) and then when they search you they can alsways find something to put you in jail that is why they make 1000s of regulations. . Our ex president said once i can put any anomy away because i can always find what he did wrong! But again your America is fair not like my country where everybody has "done something wrong" America is far from fair and you don't have to do anything wrong for them to seize your money. That's what civil forfeiture is, it illegally circumvents due process. Yep. Especially anything relating to crypto. Look at BurtW, his home got raided because he traded p2p with bitcoin. |
|
|
|
|
Username: atriz
Post Count: 802(for now)
BTC Address: will pm once accepted
i'll change the signature once accepted. thank you darkstar.
|
|
|
|
Hello, my name is Gabriel, and I'm from Venezuela. My native tongue is spanish so if my English is rubbish, please excuse me. I'm really new in this whole crypto-currency thing. I only have like one month holding BTC and trading. I was really excited in this whole world of trading and holding BTC until June 5th of days ago, in which I opened my Coinbase account. One friend told me its the best wallet to keep my BTC in, because a number of reasons I don't remember now. I used to have my BTC in my Bittrex account. So, to test my new account, and because I was bored and I wanted to see the functions Coinbase had to offer, I send part of my life savings to my Coinbase account, which were 0.10526017 BTC. I know, I know, for you guys 0.10526017 BTC doesn't sound as much, but for me its a lot. My country is in a deep financial crisis and that amount of money its a lot here. One hour passes, two, three and I'm getting worried because it doesn't even show as pending. The day after, I wake up and check my account. The transaction history is empty, no transactions made, not a single transaction as pending. So I contact Coinbase support and explain the situation, I send them all the information I have, which is the wallet I sent the BTC to, which was 13AqmiwoRwR6grdFZSWQ1tDxDN9qkhwaPd, the TXID, which is 43c00c1d392583879e913427d15e80895609dbf2e064a4b7ab8bcc35e39eaafb, and then I wait. They reply 12 hours after saying that they don't have support for my country, as you can see in this mail:  I reply the mail saying I don't find any other way to resolve this issue. Later that day one friend told me that maybe I sent the BTC to the wrong wallet. But I didn't. I'm really aware of what I'm doing every time I send BTC and I checked a LOT before sending that amount of money because I knew it was a lot to me. Also another friend experimented and sent me 0.005 BTC to the 13AqmiwoRwR6grdFZSWQ1tDxDN9qkhwaPd wallet and it happened the same, it never arrived. I also made sure that my Bittrex wallet, which is 1EF8xcVaGixRpzM2saTBBrjEB7sTPtkEWt and works PERFECTLY doesn't have the BTC I sent to the full of flaws Coinbase address. And it doesnt. I'm very sad as I write this post, but what the hell, I guess shit happens. Stay aware guys, because 0.105 BTC was my fortune, and it could happen to you guys. Edit: This is also my first post in this community, hi! This is odd. I have used coinbase and continue to use it's services. And I have never seen this sort of problem occurring. The most common problem is instead people's accounts getting frozen and they are forced to withdraw their bitcoin because they used the funds to gamble or buy drugs etc. As daemonfox said, the address doesn't look right. It is highly probable that you sent the bitcoin to another wallet. To verify this go to your account, pretty sure in settings somewhere you can see all the addressed that are associated with your accounts and you can sign messages from them. Sorry that your first bitcoin experience is so terrible. |
|
|
|
I have been reading posts on forums and articules about BTC and everybody seem to focus the target to achieve 21BTC, Why 21  ? 21 bitcoins would mean that you are holding 0.0001% of the entire possible bitcoin circulation, hence why a lot of people want to get that amount of bitcoin and set themselves a target to get it before xx date and time.
It's the same concept as why everyone wants a million dollars. So that they can be called a milionaire and all that. Practically there is nothing magical that's going to happen when you get 21 bitcoins but it would mean that you are one in a million in a world where there is 7 billion people. So when mass adoption is achieved, if and you have 21 btc in your wallet, you are sure to make a heck of a profit. However 21 bitcoins is obviously very hard to get at the moment. Try not to put too much pressure on yourself and aim too high. Set your target a bit lower, like 1 bitcoin. When you reach that, set another target. Keep repeating that. |
|
|
|
Sometimes when I withdraw BTC to my wallet, I set really low fees like 50-70 satoshi per byte and wait for weeks, because I'm not going to spend those coins in the near future anyway. I think it's a good way to save a bit of money, because if you look back, you might realize that your fees have added up to a big amount in USD value, while it wasn't always necessary to get those coins confirmed asap.
So, do you use low fees, or always want to get confirmation in a next few blocks?
Setting low fees doesn't mean you are going to get a confirmation within weeks. You may not get a confirmation at all. That's the danger of setting a low fee. You cannot be sure whether or not you will even ever be able to spend that transaction or not. If after a few weeks no pool confirms your transaction(extremely likely since they don't want to waste block space on such a low amount of fees), then you have to use a transaction accelerator. That would mean that you will be paying way more than if you just paid your fair share of fees in the first place. At least do like 150sats/byte. That's the lowest you can go imo to get a transaction confirmed within a day at the moment. |
|
|
|
I am living in a still-considered as a third world country which kinda suit me because the standard of living here is still low and we can easily afford all the necessities of life and even some luxuries here and there. Money here goes a long, long way at least compared to developed countries like USA or Japan for that matter.
It is then good to retire here most especially if you have the money in your purse. Now, I am planning to set aide even just 1 Bitcoin as part of my retirement plan...of course it is just part of the mix as I am also into cacao/mango/coconut farming which can also serve me well when I am retired.
Do you think 1 Bitcoin can be good for retirement...let's say 20 years from now?
If you live in a third world country - absolutely. I believe that 1 bitcoin is going to be worth at least $100,000 when I retire at least and that's going to be a fortune in a third world country especially in Asia where htings are so cheap. I am actually planning on retiring in a foreign country, because things are so bloody expensive here. Keep stacking your coins and you'll be rewarded greatly. Trust me. Try to get more than 1 bitcoin if that is possible because bitcoin has a fixed amount of 21 million maximum. If you keep fiat it'll depreciate. If you keep bitcoin it'll appreciate. |
|
|
|
|
Seems like a nice idea. Maybe have people to list their offers, so you have this sort of localbitcoins essence to it. but if you want to do shapeshift and localbitcoins together then it doesn't really work. Shapeshift is a centralised exchange, the exchanger has its own stock levels. But your site will have people listing their offers on the site and your site does sort of an escrow thing. Not only will this result in at least a few orders being not fulfilled due to scammers and the buyer having to be refunded, which is a hassle, it would also mean the potential of dirty funds being used to exchange for bitcoins, since the buyer cannot select which one to buy from.
Also i'm not sure if you are aware but there are many other exchangers like this already but none of them are doing a shapeshift sort of implementation yet. Look at changer.com, rchange, and goldux.
|
|
|
|
It's a reliable website. At least it used to be.  Seems like the only chance I've got is contacting the administrator. Thank you for your help. Can you tell us the site name? At least it will warn others to stop using it until your issue is resolved even though it is minor compared to all the other trasnactions that goes on in dark web markets  You really should not be transferring directly from a dark market. Bitstamp is the most uptight exchange out there. If they track your coins from there, which is very possible, expect to be shut down.
Indeed. Coinbase does this as well but Bitstamp is very strict on their AML and KYC rules. Especially if you have your ID verified it will basicalyl mean that you can't trade on their website if they ever findo ut that you are using a dark web market to fund your account. |
|
|
|
|
Even though segwit has lower hashpower acceptance if you look at nodes approval rate you'll find that bitcoin unlimited is not even close right now. And I believe that nodes are the most accurate way to actually measure it because nodes represent actual service providers in the bitcoin sphere instead of just a bunch of people that have hardware and cheap electricity.
The transaction fees are indeed ridiculously high. Try to use a web wallet and store low amounts of bitcoin, the fees they charge is usually less than the miners fee. The UASF is coming up so, at least we can put an end to this.
|
|
|
|
Thank you everyone for your input! I've posted to the Coinbase community. Hopefully they will respond :-)
The deduction of 0.001 is bitcoin from your account likely included a block chain miners fee of at least 0.001 btc being deducted from your account, which means that the actual amount that you receive I'd whatever amount on your account history minus the transaction fees at the time. I'm pretty sure that's how coinbase operate, I haven't used them in a while so please point out if this is wrong. @HCP - got it, thank you so much! I will not send any more dust amounts of BTC. This was really just a test to make sure that the Coinbase to Electrum transfer goes smoothly with no hiccups. I just wanted to send a very small amount as a test, as this is my first time doing so.
The one thing I'm still struggling with though is I sent 0.001 BTC, not 0.0001. Am I missing something?! Also, when I submitted the transfer on Coinbase, it said that my fee would be $3.25. Was this just an estimate? Meaning, when I send BTC in the future, I may end up paying significantly higher fees than what Coinbase notified me of?!
No. Coinbase tells you exactly how much you will be charged for. So the amount you send should match the amount you receive in your actual wallet. However the miners fees can fluctuate from time to time. |
|
|
|
|
It's a risk taking in my opinion. We will probably end up with two block chain that are simultaneously functional but then again, two block chain is something that you never want unless it's a last resort because it really divides bitcoin up to two parts which is hard to reconcile and bring together to something that we can call bitcoin again.
At least transaction fees will be lower probably on both chains, I don't see any chain that can have a higher transaction fee than the current one, lol. If you want to hedge against the fork, buy into some major altcoins.
|
|
|
|
|
Show Posts
