|
What happened to the OP? That's a lot of Bitcoin he just received, I hope he hasn't run off. He has been active but hasn't seemed to post yet.
|
|
|
|
at the moment i beleive their problems are solved, but i don't get why everyone is insisting on continuing to use poloniex!
why don't you choose another exchange, like bittrex for example to trade altcoins. they are practically the same and are even older. i am not advertising anything here just say bittrex because i use it myself and have been much happier compared to using polo.
I have not used bittrex but does it have the same amount of volume compared to poloniex? I am really after the volume because that way, there is some kind of volatility that we can play around and earn somehow. It doesn't have the same volume, but the volume is high enough for your trades not to make a huge difference to the price. Bittrex is pretty punctual and consistent with coins, volume and withdrawals. For example, currently Bittrex's 24 hour Litecoin/Bitcoin volume has been about 5 million. You can see trading volumes for different exchanges here. |
|
|
|
But why would I be running 200,000 nodes? I don't have any incentive and unlike miners/pools I can't afford to run nodes.
Well yeah, same reason why one person doesn't seed on the pirate bay a million times just to make sure that all the data about a film someone receives is from them. There's two key fallacies about nodes though: 1. It's really hard to run a full node (it's not yet, as long as you have a decent computer and decent Internet). 2. One person is irrelevant overall to nodes. Obviously 200,000 is a network of individuals all contributing. If anyone told themselves they didn't matter, nearly no one would be running nodes at all. |
|
|
|
Thanks for the detailed explanation. One more question.
If you have multiple hardware wallets with the same seed, do they all update when you perform a transaction on one of them?
Or if you have multiple copies of the seed, do the transactions travel with the seed in case your original hardware is destroyed and you have to rebuild on new hardware with the same seed??
First question: Yes, of course. It's basically the same as if you have your software wallet in multiple computers. Second question I don't understand it well. If you want to have access to the same addresses you had you need to rebuild another device or a software wallet with the same BIP39 seed. Also, you can configure the device with a different seed if you want. And there's much more to it.... you can establish a passphrase (besides the regular pin) that depending on which one you enter it will access a different set of addresses (as if it had a different seed... plausible deniability, etc...) Really, just buy one, it's a good thing. Thanks again. I guess I'll have to read up on BIP39. As long as I don't have to trust any hardware manufacturer and (or anyone else besides the Bitcoin network) and my coins are secure in the case of hardware loss, I'm all for it. You're convinced me enough to buy one (or two) just to use as a landing place when I break one of my older multi-coin paper wallets to reassign the coins. That will give me a chance to experiment with worst-case scenarios after I've drained it of all but a few satoshis. As you said, the cost of a Trezor is negligible compared to the coins it holds at today's prices. You might also like to know that they (Trezor, at least) can: 1) store passwords for your web site/email/etc authentications 2) generate secure passwords for the above so you no longer need to try to remember lots of slightly different passwords for those sites 3) act as a u2f 2 factor identification device (so you don't lose access if your 2fa device is lost - unlike otp 2fa like google authenticator). AND ... all of the above is restored whenever you initialize a new device with the seed.  The security that a TREZOR provides is absolutely priceless. The Chrome extension makes it just as convenient as an online wallet when you plug it in but it's ideal for security and comes with two seed cards as well. They're even safe from five-dollar wrench attacks unless the person who attacks you knows your exact balance - you can set multiple additional passphrases leading to different amounts of Bitcoin so that you give away a small amount of decoy Bitcoin when asked. Check out the security threats page. |
|
|
|
|
Everyone is Satoshi according to some people. At least sometimes people put the effort in like when iamnotback claimed that John Nash was Satoshi, but you've just straight up said a pointless comment with no evidence.
Maybe you just want to feel original.
|
|
|
|
[...] If you notice my account, you will see a neutral feedback from a user (link to his profile- https://bitcointalk.org/index.php?action=profile;u=54383 ) . When i saw this feedback i was shocked thinking that i never had any deals with this person. [...] Do this person reserve any discretion to give feedbacks to anyone even if he has no previous deals with me? [...] Let me help you out, please. This is what the forum admin has to say about that: [...] It's OK to post a rating about the person in general, not tied to a specific trade. [...] I am totally agreed with your response but what if i can prove that i am a legal owner of this account? Should you stress on the person who left this feedback to remove it from my profile? Anyways, i thank all who replied here, helped me to understand. The best way to prove your ownership of an account is by signing a message with an address that you posted during the period he suspects you didn't own the account. Unfortunately when your account was speaking in Chinese you didn't stake any addresses. The first address you posted was 1JKEyhKMsuzJdbeRQ3dSUA4J3Asjb41Ly6 in a thread for a social media campaign, but this would not prove that you owned the account when you were speaking in Chinese. Other ways to prove that you owned the account then are less reliable or well known. The important thing is that you can convince this person that you do own the account - since he's quite a trusted and active member, it's unlikely that you can do this without good evidence, so there's no point. |
|
|
|
The network is congested and can't handle the amount of transactions people are trying to pass through it. Blockchain consistently sets low fees - I used to think that all of their transactions were 120 satoshi/byte by default but since then I've realised that sometimes it's less than that. Unfortunately, the current recommended fee is 240 satoshi/byte. You can customise your fees in Blockchain under the Advanced Send tab. |
|
|
|
Before I type what I am going to type I'd just like to mention I hodl and don't sell and I am pretty stubborn with this. I have no desire to see bitcoin drop in price at all and that won't benefit me in the slightest.
On this note I'd like to say when people talk about $10k, $100k per coin etc I worry and expect a big correction. I am sorry for saying this but we all know it can happen at anytime and it's more than likely coming soon when we least expect it.
Anyway, please continue upwards bitcoin and keep us all happy little hodlers! This is the most fun I've had in nearly 4 years being involved in this.
True. The current price levels are reasonably healthy, but when people act like they're hoping for a giant price increase really soon, they'll react too positively if we see too big a rally or a pump and then corrections will happen too quickly. The quicker the price is rising, the higher the chance of a correction IMO. Should we expect a drop in price soon after such big increases?
Not unless it goes further. As someone pointed out in Kwukduck's FUD thread, the price growth looks pretty steady when you use a logarithmic chart. |
|
|
|
japan is the most cash heavy developed society. something like 85 per cent of transctions are cash.
it maybe means more future potential but there are other places more ready made.
There's still potential in countries where the amount of digital transactions is higher - new digital transactions in Japan will be in fiat and will only transition to Bitcoin when it's convenient - in a few years probably, and a bit longer before it's significant (if it ever is). Important things about Japanese adoption are: -Japan often quick to adapt/create new technology -People have a lot of savings -Recent government acceptance Yes and no. People here have huge cash savings yes. The government has given approval yes. There are certain people here who love new tech and jump on it right away. But most people here are old and while I assume even older people here have higher adoption rates for tech overall compared to the west, there are still many many who are more traditional. People here are really divided. Cash is king. There is still an almost complete lack of widespread payment systems beyond cash. Every salary man keeps about $1000 in their wallet. Often places will not accept even credit cards let alone debit cards let alone the less popular and competing mobile payment systems. Every office still has and uses fax machines. I have some business with companies who refuse to accept email or require it to be faxed as well for a paper trail. While I do not doubt bitcoin will become more and more popular here as it becomes more available. I do not agree with all the gushing love in these forums and the media that Japan will suddenly be investing a billion dollars it will be a huge boom. True. Adoption doesn't happen overnight, I realise that, and I also realise that people say things as if it's the country Japan instead of some people in it. However, trading volume with the yen has been soaring recently, which makes it reasonable to think that a lot of the price rise has come from Japan. Very few merchants actually accept Bitcoin. The fact that it can be traded so easily with such a low amount of adoption is what makes the price a lot higher than the amount that people will ever intend to spend, but Bitcoin can be viewed as an asset as well so it's not completely to do with what Japanese merchants do, more to do with whether people buy it. |
|
|
|
japan is the most cash heavy developed society. something like 85 per cent of transctions are cash.
it maybe means more future potential but there are other places more ready made.
There's still potential in countries where the amount of digital transactions is higher - new digital transactions in Japan will be in fiat and will only transition to Bitcoin when it's convenient - in a few years probably, and a bit longer before it's significant (if it ever is). Important things about Japanese adoption are: -Japan often quick to adapt/create new technology -People have a lot of savings -Recent government acceptance |
|
|
|
I knew PayPal was risky, I thought it would protect me as a buyer.. lost $200 on a dispute.. Im reallt frustraded :/
From when exactly you "knew" if paypal was risky? from 4 years ago? I'm a PayPal verified user since 2013.
I have $209,09 that I want to use for buying BTC.
Contact me if you are interested.
Im going to risk lending on Poloniex, try to make some risky money. Lending your money in poloniex isn't a risk. You can't make much money from there because the interest (%) you will get is too small compared the day you have wasted for waiting your lending amount back. Wrong. Lending your money on Poloniex is a big risk, because their withdrawals and support staff are under heavy load and they're acting strange to their wealthier users. Also, the interest you get on there wouldn't be particularly small - it wouldn't be huge but you only have to check a few times a day. |
|
|
|
|
Freebitco.in are an exception to most other faucets because they make their money by giving people incentives not to withdraw and instead throw away their money (saving up with a few measly satoshi to finance their dice game which they make far more than 4% profit on, having the dice game, etc). Since faucets are paying such tiny amounts people can lose money through the opportunity to earn an amount that's actually meaningful, even if the chance is pretty low.
|
|
|
|
|
Everyone is allowed to post. The forum is for free discussion and even scammers aren't banned, never mind Lauda.
I know that you might be embarrassed since you haven't ever come within ten meters of a woman before, but shockingly people are capable of intelligent commentary regardless of their gender.
|
|
|
|
Today is big shitcoin bleeding right?! Good good! These guys have to learn it the hard way. BTC King will continue ruling them all!   Price is around $1764 over at coinmarketcap. I'm just curious if this is the beginning of the big altcoin dump and Bitcoin's huge slingshot to $2000+. <snip> Perfect. Now when they drop further I can buy in before the next altcoin bubble in a year or so instead of being one of the many people buying in from FOMO who see a meaninglessly high market cap. It's a shame Litecoin is dropping as well though. It would be nice to see a rise in the Litecoin price after SegWit activation instead of just leading up to it. |
|
|
|
We are talking about several $B of dollars here. "Just a whale" with that kind of dough? Has to be someone at the top 1% of the top 1% that's very bored if so. I can't believe in that, sadly.
These 'billions of dollars' mysteriously vanish as soon as there's a decent selloff. Check what happened on Kraken last night. It went from $90 to $26 or so in the space of a few minutes during their ddos. Even the biggest alts are thinly traded, as is BTC but it's a little more robust. My own pet alt gained and lost around $500 million of market cap in the last 24 hours. That $500 million is probably made up of about $3-5 million of actual trades, none of which ever leaves the exchange and none of which has any intention of actually sticking around. It'll be skipping on to the next one soon. It's completely disembodied money. The sooner people let go of market cap as any type of measurement the better they'll feel. Regardless of that alts are going nowhere. That's a good point and I agree. Alts not going anywhere is misleading though I'd have to say. For BTC survive the next 5-10 years I am of the belief that we need Alts. We need alts for people to wrongly think that they're cool outsiders when they're not, but there's not a lot else we need them for. Alts do bring innovation sometimes, but none of them would actually be good enough currencies with a higher transaction volume to do better than fiat so there's no reason for them to do better than Bitcoin. The amount of real money going into alts is really quite insignificant and the market cap of them is meaningless. |
|
|
|
|
Looks like a good image at first, but it really wouldn't be since he's a massive crook. Fortunately I doubt he actually cares about Bitcoin that much and I'm sure he shows loads of crap that someone bought for him to make niche markets like him.
|
|
|
|
|
You're pathetic. All you ever do is try and tell everyone that Bitcoin is terrible. I just went through your post history and saw some of your posts from around 2015 telling everyone that $200 or so is the highest price they'll ever get for it and they need to get out before they lose their life savings.
You were here in January as well claiming that it'll drop to $300-500. Every time you're wrong and as soon as you get it right because of the normal fluctuation in the market, you'll be riding that one correct prediction for months knowing perfectly well that your inane FUD will never contribute anything.
|
|
|
|
Oh great. Almost 5 am, i write wrong a letter.
Actually your reply is off-topic.
What spam I did?  So you're in GMT+5, [or +4 if you consider 40 mins almost the next hour] huh? (not Arizona, US as your profile indicates) Also, holy shit that's a lot of Games & Rounds posts. Let it be known that of your 575 posts, 534 of them lie in the Games & Rounds section and at the start of your posting career you consecutively posted in the section, spanning many pages. Only 7% of your posts are outside of Games & Rounds. Let that sink in for a moment.
Since trust is unmoderated and merely just a system to see who trusts whom, I could give you negative feedback indicating that I find you a spammer and a very unseemly individual. Likewise, Lauda has the very same opportunity, though their feedback is considered trusted by default. Of course, your own personal trust settings can be tweaked and in fact, you could exclude their rating, keeping a trust level of 0.
In fact, I think I'll leave just a neutral for now. posting in games and rounds doesnt mean ur a spammer, but nvm that's your brain stuff. It does. Games and rounds mostly contains annoying giveaways of tiny amounts to the sort of people who spend ten hours a day claiming dust from faucets. i don't threaten the forum, just this guy, lauda.
Threatening Lauda will mean that she's annoyed at you and other people would rightly think that you're not trustworthy. Since Lauda's on the default trust list, her trust will give you a red mark and people will be less inclined to do deals with you. So basically, it doesn't matter whether you've threatened the forum. The forum hasn't punished you. You've threatened Lauda, so Lauda has punished you. Simple. |
|
|
|
Next week new highs? So far it's holding strong.
Until now it is doing exactly what it should be doing to continue rising next week: Small but significant correction, half recovery and consolidation. Not sure if there will be another test of $1500 before monday... In fact it would be slightly better if it does. The biggest pump will come when people realise that altcoins can not go on pumping indefinitely and a good chunk of market share returns to BTC. That has not hapenned yet. Unfortunately. Who knows, maybe that'll happen next week if we go upwards again. I don't enjoy being where we are in terms of this small rise, but it's necessary to go back up. Once those altcoins are sold back to BTC we'll see an enormous bump in price bigger than any we've seen recently. Looks like that day is coming pretty soon. The great altcoin bubble has reached its peak - ETH has stabilised around $90-100 and DASH has stabilised around $100. As soon as people give up - could be in the next couple of weeks - it's time for another rally. |
|
|
|
We don't particularly need one, because there aren't very many prominent bots at all. Gunbot and C.A.T are the main ones and they're pretty similar. Gunbot trades on Poloniex and with C.A.T you can choose. In both cases you can adjust which coin pairs you're trading, the gaps between buying and selling, etc. |
|
|
|
|
Show Posts
