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3101  Bitcoin / Bitcoin Discussion / Re: What would you do? | Is this the end of inflated markets? on: March 01, 2021, 04:28:20 PM
Of course, it's normal, it can't go up forever. My intention isn't to post FUD, I believe in Bitcoin and Cryptocurrency. However, I do believe that the market was significantly boosted in a very short period, thus, a correction back to more earthly levels was expected, and normal. I messed up by buying at a higher price because I misjudged the dump, I thought it wouldn't last that long.

On the other hand, I believe that Bitcoin will actually recover, sooner or later, but it will take time to recover back to where it was. Seeing my money sitting aside providing nothing is something that is troubling me to say the least.
Yes sometimes I think it is overbought that's why this recent market correction is needed as we can see after a correction there will be a chsnges in the market, for example in bitcoin we think that it would go lower and lower but market rejects it and it pumps again, we're nearly back to 50k, all of us or most of us thought that it will go lower to 30k because that is the support until it shows some changes when this February ended it shows bullish again (I'm not a pro anyway), but this is my assumption.
The market was definitely overbought, especially with the Musk/Tesla incident. If you take into account how much the prices spiked at that time, it was expected that this situation would come sooner or later. Unfortunately, I also thought that it would achieve a greater fall and sold yesterday at a lower price. You cannot really predict such moves, thus, I move my money into Yield farming for a while.
3102  Bitcoin / Bitcoin Discussion / Re: What would you do? | Is this the end of inflated markets? on: March 01, 2021, 03:35:42 PM
You say that you don't have intentions to post FUD,but you are actually posting FUD. Grin
The crypto markets aren't that much inflated.They are just volatile.If Bitcoin(or any coin) can go from 20K to 56K in two months,then everyone must be ready for it to go back from 56K to 20K.This is normal.The prices don't always go up.
Every market in the world is more or less "inflated",due to the central bank money printing avalanche.I guess that the crypto market isn't that different.
My advise to you is to HODL your ethereum,but you can go ahead and join the panic selling crowd.
This is your money and your choice...
Of course, it's normal, it can't go up forever. My intention isn't to post FUD, I believe in Bitcoin and Cryptocurrency. However, I do believe that the market was significantly boosted in a very short period, thus, a correction back to more earthly levels was expected, and normal. I messed up by buying at a higher price because I misjudged the dump, I thought it wouldn't last that long.

On the other hand, I believe that Bitcoin will actually recover, sooner or later, but it will take time to recover back to where it was. Seeing my money sitting aside providing nothing is something that is troubling me to say the least.
3103  Economy / Services / Re: [Open] ▄■▀■▄ 🌟Bitvest.io🌟 - Plinko Sign Camp (Member-Hero Accepted)(New2) on: March 01, 2021, 03:09:44 PM
Spreadsheet for round 114 has been turned in to lightlord for payment.

Available spots.
Tier E: All ranks
Minimum 5 earned merits in the last 120 days
Reviews in 24hrs

Users on my Blacklist (BrainLess List), don't bother applying.

Note: My DM is always open to any inquiries, complains, observations etc.

Regards,
Brainboss



Hi @Brainboss

Isn't this week the 4th week since the last payment? I say this because normally when the 4 weeks are fulfilled you say so, and I don't know if you notify Lightlord. Mostly I say this so that there is not much more delay than usual, which is something many of us are used to and also Lightlord gives us a bonus. Anyway, just so you are aware in case you aren't already.
I would like to know as well, an update would be nice. I don't mind not being paid each week, I've seen that Lightlord also gives a bonus for older rounds, so that's not really the case. It would be nice to be informed on when we'll be paid.
3104  Economy / Exchanges / Re: Which exchange do you use??? on: March 01, 2021, 02:47:39 PM
My advice is just one exchange to start trading, like Binance or Huobi, because that way your assets will be easy to manage,
especially if you choose Binance, of course your assets will be safe there, because CZ always says SAFU !,
but if you keep it On various exchanges like Kucoin or OKEX, I can't imagine if a problem occurs and you will definitely be confused,
one exchange will make you comfortable, I'm sure of that.

for beginner in crypto, it is better to stay in one exchange and learn the ins and outs. i would say Binance also, as you said, they have SAFU, which pretty much gives you peace of mind when it comes to safety of your funds. once you get the grasp of crypto trading, you can go to other reputable exchanges and check how they are doing things also.
because in time, you will noticed that not all coins or tokens are being traded with binance and you need to go to other trading platforms to trade it with.
I agree, I stand against being present on many exchanges, you have to choose one that suits your needs regarding verification, withdrawal and deposit fees and more importantly, trading fees. I started out on Bitstamp, which has a 0.5% fee per trade. As a result, I spend a decent amount of my trading just in fees I could have avoided if I had chosen Binance for instance.
3105  Economy / Gambling discussion / Re: Gamblers - How do you use your signature campaign earnings? on: March 01, 2021, 01:24:25 PM
After reading posts, results can be divided into two options - those who receive bounty reward in their wallets, most likely hold them or use for other purpose, but those who receive reward in their gambling accounts, with high probability would spend them right there. And one of the reasons to do it are withdrawal fees (signature wearers simply receive reduced rewards) and a wish to increase earning.
I believe that this is one of the worst option to do. Having your signature campaign income to your gambling/casino account could end disastrous. One simple example would to be to get emotional and spend all your earnings on bets or casino games. I think it's best to store them in a separate wallet and from there proceed with what you want to do. The latter might actually discourage you from gambling excessive amounts due to high fees.
3106  Economy / Gambling / Re: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ on: March 01, 2021, 12:51:32 PM
Hey everyone! If you're interested in our survey about the top crypto casinos. We have the results and published the blog post already. You can find more info in the thread here  - https://bitcointalk.org/index.php?topic=5318040.40

And we want to congratulate Bitvest as it scored the 3rd spot!  Cheesy Keep up the good work and we hope our readers will love playing with you!
Don't mind me but, you acquired a pretty small amount of participants for your survey. It didn't even surpass 50 answers, thus, I don't really see how such a survey could be taken into account. Don't get me wrong, I'm not bashing at you, I just find the sample size too small for the amount of users this forum has.

Hey Ultegra134,

We agree with you on that point. That's why we included the photos and mentioned the number of votes so our readers are aware of the situation. This was more or less a lesson for us and it was a first-time thing honestly. So, we have this experience for next time we want to rate crypto or any casinos for that matter. We also mentioned that this was for a simple blog post, as you can see it's under 1,000 words. If we ever make a full analysis with much more information and platforms, we would surely make sure to get more responses and better engagement.

In any case, many people also left comments in our thread and the results seem to be in line with the general opinion. Even if the places themselves aren't like that, we think that the first 10 would include the brands mentioned in the blog post. Would you agree with that or you have a different opinion?

And, of course, GoodLuckMate!  Grin
No worries mate, was just pointing it out, I know you actually did not hide the fact that the participation was small. You could try conducting it again at a later date, then proceed to review and compare the results you get. Moreover, you could try making it like a contest to attract more participants.
3107  Bitcoin / Bitcoin Discussion / Re: What would you do? | Is this the end of inflated markets? on: March 01, 2021, 11:57:41 AM
Worst thing you can do is take a choice based on the "predictions" coming from complete strangers off the Internet.

You can right now take this three ways:
 1. The market is about to dump brutally. Possibly for a short timespan, or maybe for a longer one. Maybe a 2015 kind of crash. Best action to take here? Dump everything and wait for a better opportunity to purchase.
 2. The market will recover and pump back upwards in a short time. Best action to take? Purchase now..
 3. Whatever happens, you can take advantage of this dump to lower down your average purchase price.

Is the money you've invested.. money you can afford to lose? If so (and it should be, if you want your investments not to ruin your life, then it might be best to follow your gut feeling rather than following a stranger's prediction.

Crypto markets are known for brutal price drops every now and then. The more years you stay & play in the markets, the more used you get to it. Yeah, dumps happen. But how much were all those coins an year ago (or 2, or 3) and how much are they today? Most people who purchase during these dumps and hodl for the next few years get to earn a good profit, although you have to resist not to be a weak hand during all this time.

I know the feeling a less experienced crypto user gets when markets go wild and then parabolically drop. I have an honest feeling that BTC and a few other coins are here to stay (ETH included; although I don't support it, I think there are many, many others who do), so I'll act based on this feeling of certainty. Don't let emotions control you. That's the worst thing you can do Smiley
Probably one of the best replies I've read so far. Of course, I am not going to fully take into account some stranger's predictions regarding my investment/money. Mostly trying to see what other people would do, collect some other views and so on. However, from one point of view, such a dump was expected, prices rose to a significant level extremely fast, faster than they should have. A correction down to $40.000, or even further could also be expected.

This isn't actually money I've spent, it came from holding funds I had earned from Altcoin mining and signature campaigns, then forgot about them when the dump happened in 2017. Basically, I haven't put my own money there, it's still money, but it hasn't come out of my own pocket. However, it would be stupid to say the least if I lose all of them. To answer your question, it is money I can afford to lose, but not really fond of the idea of it happening.

I bought during the dump, but at quite higher levels than those we are going through now. Thus, on one hand, it might be wiser to sell and buy at an even lower price, because to be honest, I think it will dump even further for the time being.
3108  Economy / Gambling / Re: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ on: February 28, 2021, 09:28:54 PM
Hey everyone! If you're interested in our survey about the top crypto casinos. We have the results and published the blog post already. You can find more info in the thread here  - https://bitcointalk.org/index.php?topic=5318040.40

And we want to congratulate Bitvest as it scored the 3rd spot!  Cheesy Keep up the good work and we hope our readers will love playing with you!
Don't mind me but, you acquired a pretty small amount of participants for your survey. It didn't even surpass 50 answers, thus, I don't really see how such a survey could be taken into account. Don't get me wrong, I'm not bashing at you, I just find the sample size too small for the amount of users this forum has.
3109  Bitcoin / Bitcoin Discussion / What would you do? | Is this the end of inflated markets? on: February 28, 2021, 08:36:50 PM
Not here to spread rumors or post FUD. That's not my intention, I only want to vent and discuss the current situation.
I've bought Ethereum before it crashed so bad, now I've lost a reasonable amount of money, and by looking at the graphs, most coins have shown no resistance to ease the fall.

I'm starting to think that the market's prices were way too inflated, not realistic, and a situation like this one was bound to happen one day. What would you do? Sell now, before it dumps even further, or keep holding hoping it will recover in the future?
3110  Economy / Gambling discussion / Re: Newbie gambling sites on: February 28, 2021, 07:09:33 PM
I would like to deposit a small amount of Bitcoin for gambling purposes. I would like a few suggestions of websites that have you've used yourself and are trusted/safe to use for newbie gamblers?
Not interested in sport betting or anything similar, just something to try my luck and kill some time once in a while.
What gambling that you want to play? There are some platform like bitvest.io which has several kinds of gambling, you can go there and pick that you want to play.

But, if you want to play gambling that required a few time how to understand then I suggest to play dice gambling. Like bustadice, you may need five minutes to understand how to play, you can click my signature if you already interested.

I guess he still confuses to decide what gambling games he wants to play Grin

Dice gambling game is the easiest gambling game that almost every person can play, even if they do not learn more about dice games. I think they do not need to learn about dice game details, and they do not have to learn about using the strategy to play dice since dice game is a gambling game based on luck.
Made me laugh, it was a good one!

Dice isn't bad, a quite popular foolproof game that is entirely based on luck. I've fiddled with it, it's nothing ordinary but good to spend a few Satoshi/bits on. I'm not really messing with any reasonable amount of money when it comes to gambling. I'm not fond of strategies, I find that these kinds of games are entirely based on luck, thus, not much can be done to predict or to plan your gaming, except a few educated guesses based on previous outcomes and so on.
3111  Economy / Web Wallets / Re: Xapo Wallet on: February 28, 2021, 12:12:23 PM
Can someone tell me that xapo is currently only available as an app? There used to be a website when I used this, but now I cannot see an opportunity to log in to this website
For some reason their website login has been disabled, unsure why. It's been that way for quite a few months. They are only function by their mobile App.
3112  Economy / Gambling discussion / Re: Newbie gambling sites on: February 27, 2021, 08:02:09 PM
No one can actually guarantee you that the game you're playing isn't rigged, whether it's Dice, slots, or anything else. You cannot be 100% sure about that, these games are made to generate revenue for them, not for you. I'm not implying that all sites rig their games on purpose, of course not.
You can guarantee casino is not cheating you, if you know how to verify your bets which is really easy and obvious. You can and actually should be 100% sure about the legitimacy of the results because if you cannot verify the bets its really not worth playing boring games like Dice. I actually play these boring but fair games because of their fairness and ability to verify my bets.

Casinos make revenue not because they are rigged but because they have an house edge which means you are expected to lose a small but certain amount of money each time you make bet. Higher the house edge, more the chances of losing for the player.

I'm stating that the gambling industry works in a way that it's going to make you lose money in the long term, but we choose to do it nonetheless. Some of us may win a few times, but losing is way more probable.
Yeah, you are right but that is because of the house edge not because casinos are rigged at all.

You should and must verify your bets if you are playing provably fair games like dice and if you are playing slots and other 3rd party games you have to trust the game providers and hope they are not cheating.
I am not familiar with gambling, didn't mean to imply that casinos are rigged. Obviously, there's logic behind them, like you already explained by the term house edge. In summary, I meant that casinos are here to make money, chances are that the majority of its users lose money instead of earning.

Didn't expect to win every time either, nor associate it with any kind of investment. That's why it's called gambling, the etymology of the word derives from the 18th century, it's the act of risking something of value in a game of chance.
3113  Economy / Economics / Yield Farming / Liquidity Mining on: February 27, 2021, 05:05:17 PM
Wasn't exactly sure on where to post this topic, excuse me if this is the wrong subforum.

Does anyone have experience with Yield Farming/Liquidity mining? I would like to open a discussion about the money making opportunities it creates, its risks, any success stories or if anyone has lost money in the process. Moreover, to talk about the available Vaults or with what smart contracts are you familiar with?

I was introduced by a friend, thus, I'm quite new to this sector and I would like to get to know more, excuse me for any wrongful expressions I may use regarding Yield farming.

Currently, I'm using Beefy.Finance.
3114  Bitcoin / Bitcoin Discussion / Re: Very high fees - bitcoin fails on: February 27, 2021, 11:50:24 AM
After over 10 years of BTC, developers did not manage to make BTC scale.
Wtf is up with current high fees?
This sucks. Good bye.
What's the matter with you?
Bitcoin transaction fees are still lesser than Ethereum. Transaction fee is paid in Satoshi, you still can transfer Bitcoin by paying 12sat/byte, the time taken will be 3 hours. Do not look into the USD value, check the amount of Satoshi you are paying.
I agree, it's the value that has skyrocketed, thus the transaction fee in dollars has also risen to a significant point. I understand OP's frustration though, I was also annoyed when I moved some funds from my wallet to an exchange, the fee in dollars was approximately $15 for a $300 transaction. It might not seem much in Bitcoin, but it does when we're dealing with USD.
3115  Economy / Gambling discussion / Re: Gamblers - How do you use your signature campaign earnings? on: February 27, 2021, 08:33:30 AM
~ Being a good manager is the key for sucess in financial life, having fun, but not neglecting the responsabilities at same time. And it's totally achievable even through signature campaign earnings, depending where you live.

Yeah, for some people, especially for young people, managing their sig campaign earnings can be a good practice for managing their finances in the future: one part you invest(in our case you just hold a part of your earned BTC), another part you spend on necessities, and another part you spend on entertainment.

I always dream to know more about wise spending and proper managing of my earned profit here in signature campaign which i am dreaming also to save and alot even a quarter portion of my earning to stake or to gamble. Of course i always set on top of my priority to save for my future needs but then not that as much because i'd also have needs to meet, and not also mine but on our family. For now i am saving for future gambling of mine, which i suppose need a proper allotment.

if you aim to reach financial freedom or would like to learn to manage your money better I'd totally recommend checking books on the subject. from the basics like "Richest man in Babylon" by Richard S. Clason and "The secrets of the Millionaire Mind" by t. Harv Eck to other more complicated books like Taleb's (all of it!) and "Money: Master the game" by Tony Robbins

you can also learn a lot online about it, of course.

managing money well has a lot to do with mentality, habit and actions.
Good call, I'll check it out too.

I haven't earned much from campaigns, due to a long time of inactivity. However, I did deposit some bits in Bustabit when I received my first payment, which I've now withdrawn back to my wallet. I'm mostly saving them to a separate wallet, which I'm not really using, similar to a savings account.
3116  Economy / Web Wallets / Re: Xapo Wallet on: February 27, 2021, 08:24:49 AM
Supposing that I'm wrong, that this address is not associated with Xapo, and it's from another wallet of mine, is it possible to track it? I remember addresses starting with 1** were usually from Xapo.

At one point they changed addresses to a new segwit starting with 3...

It's weird, I also have an account there, which I didn't use for a long time. The last withdraw which I made is from Jully 2017. yet I regularly reactivated the wallet installing the Xapo app and activate it through a phone number. Good thing that I am withdrawn all amount from there, so they did not confiscate anything due to my long inactivity on account.
Asked them to provide me with the address which is associated with my account, they replied with this:

https://www.blockchain.com/btc/address/3EtHJ4DKLNBbfYnjJug17GFqJ3GuE4bsbd

This one shows 0 balance, while they are implying that my account has some BTC which isn't even worth a dollar. I cannot understand whether they are f**cking with me or not. The address I have shows 1.7mBTC, they imply I have a few bits only and at the same time they send me an empty address?
3117  Economy / Web Wallets / Re: Xapo Wallet on: February 26, 2021, 07:52:52 PM
Where are you from? I remember that some years ago, XAPO was supporting almost every country but then they decided to cut some of them and maybe you are from that country.

Also, here is the link of their terms and conditions:

Seems they took the fee from your balance, read this quote from their terms:

Quote
We may also close your Xapo Account immediately and without notifying you of our decision if any of the following happens:
There has been no transaction on your Xapo Account for more than 24 consecutive months;
Your Xapo Account has no funds and you have not logged in for more than 6 consecutive months;

Also:

Quote
23.1. Unclaimed Property. Under applicable law, after a specified period of inactivity by you with respect to your Xapo Account, Xapo may be required to report and/or remit any bitcoins it is holding in custody for you in accordance with applicable laws.Xapo reserves the right to deduct a dormancy fee or other administrative charges from such unclaimed funds, as permitted by applicable law.

So, according to their TOS, your account is blocked and nothing can be done to revoke it.
I'm from Greece, I've also read their TOS, which I find it quite offensive. They are practically claiming money as theirs if you haven't used your account for a few years. As the rule goes, not your keys not your coins. However, I've found an address associated with the account (Posted above) which has a balance.

Supposing that I'm wrong, that this address is not associated with Xapo, and it's from another wallet of mine, is it possible to track it? I remember addresses starting with 1** were usually from Xapo.
3118  Economy / Web Wallets / Re: Xapo Wallet on: February 26, 2021, 05:42:57 PM
They just replied to me, they are implying that my balance is way too low for it to be withdrawn. According to them, my balance is 0.00001117 BTC, while I can see myself from the BlockExplorer that one of the addresses has almost 2 mBTC. Requested them to provide me with evidence that this address they are referring to is mine.

This is the one I have from the transaction history on my email.
https://www.blockchain.com/btc/address/1BynVdCBgcP3XM2X8V6z4vvMLwFrQq86Kk
3119  Economy / Web Wallets / Re: Xapo Wallet on: February 26, 2021, 03:24:30 PM
Haven't replied to me since yesterday morning, I don't think they'll even reply at this point. I will keep contacting them till I find a solution hopefully. It's not a huge amount of money, but it still is something that is worth approximately $100, I don't see the reason to leave them like that, I cannot understand why they would screw someone like that for such a mere amount of BTC.
As you already know that their customer service is not the best. Since you provided all the documents and Xapo is not willing to offer you the service as you mentioned in your earlier post and if that is the case they need to refund the coins that you are holding in the wallet. You need to specify that they need to forward to a wallet address of your choice and i am sure they will comply with your request.

I had issues with them in the past in terms of their mobile application not functioning properly and what i learned from the experience is that you need to have the patience to have something resolved.

I'm aware of their support, I can wait, that is not my issue, as long as I recover my funds. I sent another email today, and I am now waiting for their response. If they are determined that for whatever reason I cannot use their services, that's fine by me, just provide me with the option to withdraw my balance to another wallet.
3120  Bitcoin / Bitcoin Discussion / Re: Someone bought BTC at $6K yesterday and the exchange wants them back on: February 26, 2021, 11:01:19 AM
More updates/details to the incident:

PDAX Press Conference: Exchange Discusses Outage in Detail

^ It started with a glitch causing an unfunded order to be matched by other buyers and then one thing led to another.

~ User in this instance would probably have a fight on his hands but I don't see how a legal court would rule in his favour. Fairness comes into play here, as well as intent.
It looks like this will be handled in court as PDAX stated they would welcome lawsuits and I'm assuming they are referring to the accounts they restricted as a result of the "invalid accumulation of assets"
Would love to see how this incident escalates in the end. This case will probably end up in court, since both sides are claiming their side of their story as correct. The exchange is referring it to a glitch, which I am unsure of how this can be proved, while the users are implying that it was a valid transaction from his point.
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