Why stress your head with calculations yet there is automation?  I like using this tool - https://btc.feh.im (The also consider the exchange's trading fees) For example if you bought BTC worth $5,000 at $35,000 and sold off at $40,000 with VIP 0 account on Binance. You are going to pay 0.1% fees at both instances when buying and selling. So this is what you will make in profits in USD value according to the tool  |
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Why would they bother adopting lightning network which could "Kill their huge profits" they earn from the flat withdrawal fees each person trying to withdraw has to pay?
It took ages for some exchange to just adopt SegWit which was less technical and easier to implement. It's a shame many big exchanges haven't even bothered to adopt Segwit. You would think they would care since Segwit would help them spend less on fees while trying to send so many inputs to maybe a cold wallet but they don't. Why? Because you, the customer will foot the bill anyway via paying 10 times the normal network fees.
The sad truth is most exchanges don't care about the development of Bitcoin. All they care about are the huge profits the rake from every pocket.
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Been checking out the site under the crypto exchange balance section and notices that Livecoin USD and Livecoin RUB are still listed there. Unfortunately, Livecoin exchange was hacked and they have never been able to recover from the incident. The official domain is suspended as we speak - www.livecoin.netI think some update needs to be done regarding the Livecoin currencies or pairs. |
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yes that guy @vareloe
why this guy didnt got ban ? you said he have a lot negative feedback
also two other guy is part of his group who cheating people.
But the warnings are already written on his profile that he's a scammers. Are you blind? Why would you deal with someone who has negative feedback without using a trusted escrow? If you expect him to be banned just because he scammed you, It won't happen. Scam isn't moderated. |
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Do you have the Disk drives with huge space already or are you planning to buy them and start mining. If you planning to buy them, then It will be quite risky, I suggest you be very careful investing your money into lots of space as the Disk drive prices have already spiked and there have been shortages in other places... More like how you see the current GPU crisis due to ETH mining. For a coin which was worth $1,600 in mid May and now worth just $650. I would say you really have to do so calculations before you decide. The choice is yours, but personally, i wouldn't bother especially if I was to buy the drives from scratch. |
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>>snip<<
Have a closer look at Trustwallet's and simplex's terms and conditions While the purchase may work on your side due to your location, OP is from the US were regulations are regarding crypto are quite strict. XRP is on SEC's radar so I don't think simplex will let him purchase it through trustwallet. |
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The person is from the US and Binance.com blocked all customers from there from using the service. So what you are suggesting is impossible. OP has to use exchanges that are compliant with the US regulations like Kraken, Binance US, Gemini, Coinbase Pro to buy USDT or any other stable coin like USDC using USD from his account. |
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Happy 10th Bitcointalk Anniversary @Nasty  Spending a decade around the forum is no joke especially right from the early days and despite all the hardships, you are still one of the few old members who are still active here. Your journey most definitely inspires some of us. I do wish you more health and many more good years in this community. |
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Picking data from only one source is not a good Idea especially Binance who tend to face outrages during price spikes or slumps. I would suggest you use the index coin prices of about 4 exchanges. I would also like to see the history of predications of your tool. This can help the user assess the win vs loss rate of your tool. Check out how https://app.intotheblock.com/predictions arrange their prediction history. |
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Changelly now asks for KYC? The only option left is to go Dex swap like pankace swap or apeswap, they work the same way as changelly and shapeshift and also their gas fee are very cheap too thanks to BSC
They have been doing this for a long time now Check out the complains on reddit regarding blocking of funds of different members pending KYC verification. If you have been using them minus KYC, then you are still lucky, I doesn't mean they won't hesitate to ask for KYC verification in future. They even talk about KYC here - https://changelly.com/aml-kycDexes like Pancakeswap are very limited. They may not favour cross-chain swaps like tradition instant swap exchanges do. For example I can not use pancakeswap to exchange my Monero for Bitcoin (I mean the real Bitcoin, not the tokenized BEP20 crap  ) |
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So I was trying to take advantage of today's low fee rate to spend all the bitcoins from some address without expecting any change but to my dismay, some small amount of change BTC was sent back to the address. When creating the transaction, Under amount, I hit the max button, Clicked on pay and under the confirm transaction tab, I adjusted the fee rate and hit send. I didn't expect the transaction to have two outputs ( the address I was spending the BTC to and the address the change got sent to) as show in the screenshot  The small change was probably as a result of me adjusting the fee rate. Shouldn't the Max button be enough for Electrum to understand that I want to spend all the Bitcoins to the specified Bitcoin address? Is there anyway around this (Avoiding unnecessary outputs due to fee adjustment)? |
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The site screams scam. Why would you say you just found the "Most Profitable GPU RPD servers for Crypto Mining" yet you haven't tried anything out yourself? The youtube video is from 2018 and yet you are recommending a site that was just made a few days ago. How do the two correlate?  If they have the profitable GPU RPD servers as they claim, why are they renting them out? Can't they use the servers to make even much better profits instead of looking for pennies through other people renting them? |
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About the transactions fees being expensive as some members noted. The Bitcoin transaction fees are flexible depending how congested the network is. Sometime the transaction fee rate is so cheap, other times, it seems so expensive especially for transferring small amounts of BTC, but to be honest, I have never seen a mainstream payment platform that allows one to transfer assets worth $5M for a fee of only $30 or just $0.5 depending on your inputs across the globe like Bitcoin does.
It's all about timing and the ratio of the amount one wants to transfer to the fees but generally I would say fees are fair.
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Finally, a trader can make good profit from either kind of the market. The myth around bear for losses is not true if you spot your bear and sell.
it's not a myth. If one is spot trader especially chaps who would like to buy and hold for some time or few months and don't even bother about reasonable stop losses you can actually make huge losses with crypto. How I wish you were around during the bear trend that followed the 2017 bull market |
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It seems the scam has been going on for some time and there are so many other fake online escrow sites scammers use to lure the victims. One of the members Identified the scam last year but only put a warning in his thread I hope everyone has a nice holiday season. As a warning, be aware there are several individuals working Telegram for coins making outrageous offers to buy coins. It really is too good to be true. They are scammers. Eventually, they will direct you to one of several "escrow" sites that look legit, but are nothing but a store front to steal your coins.
Some of theses are transactwise.co.uk, chesterpact.com and exchangecrib.com. All are run by same group of scammers - so beware. The last one is brand new only registered a few weeks ago and the first tow have been around for months and already have scam alerts posted on them. Please spread this word to other coins that you are aware of that have followings on Telegram. Again - happy holidays to you all and have a safe and happy new year.
They just copied and pasted from payfare, another escrow service which seems to have been around for quite some time.  |
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I wouldn't risk buying GPU's at the moment expecting for the price to go 200% within months (2022). It's not gonna happen. 1. GPU's are already over priced right now due to low supply high demand because of ETH's mining high profitability. 2. the Bull market may not last up to 2022. Trust me, as soon as Ether prices start dropping to less than lets say $500, people will start selling off their GPUs leading to drop in GPU prices due to High supply, less Demand. 3. I think you already know that Ethereum, the most profitable coin one can mine using GPU has plans to switch protocol from POW to POS. when that happen, Imagine how many people will not be interested in mining using GPUs anymore Point is... Proceed with caution |
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i farm some tokens on BSC since i prefer farming. like cakecrypt
OP asked about mineable coins not farmable ones. Please get to know the difference first before coming here to shill a token on BSC - Crypto mining >> Process of verifying and adding transactions into a blockchain. During the process, miners earn rewards in form of newly generated coins that enter the total circulating supply of coins. - Yield farming >> Process of looking or staking coins in loan or liquidity pools so that one can earn rewards in form of interests or trading fees. |
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Does BPIP track unbanned members or this user was never actually got unbanned? Over, 2 years ago Cellard was banned but he made a ban appeal later. According to this statement, hilariousandco reduced the ban to just 60 days but BPIP shows as though the user is still banned as of today, 2 years later. I changed the ban to 60 days + 1 year sig ban seeing as it's a post from years ago and you seem to have contributed decently since.
 Unfortunately, Cellard never posted again so it hard to know if he was actually unbanned (BPIP not updating unban info) or still is banned. |
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I used shapeshift in 2016/2017 with changelly through my wallet app called coinomi and they both works like same but now KYC is a must for shapeshift so if you are looking for an alternative changelly is the best, its old too around same time with shapeshift
You have to be careful about Changelly though. I have seen complaints on reddit where they have held held user funds until they complete KYC verification especially when their transactions are labelled as "suspicious" You can use it but know that anytime the lock up your funds, you must be ready to complete KYC verification to have a chance of getting the funds back. |
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I always thought that having a KYC verified account would make the process of recovering such funds easier. What about a death certificate proving that he died issued by an official government institution and a document proving that his wife and/or children are the legal inheritors of his assets?
What happens with the money? The exchange just takes possession of it eventually?
This depends on an exchange. Exchanges that follow laws to the letter like coinbase make easier for one to recover the funds unlike less regulated exchanges like Binance. Lets take a look at the terms and conditions of the 2 exchanges OP talks about; 1. Bittrex Talks nothing about death of account holder, they talk only about unclaimed property - https://bittrex.zendesk.com/hc/en-us/articles/3600005608718.8. Unclaimed Property
In certain circumstances, Bittrex may have an obligation to report any Tokens in your Hosted Wallet or any fiat currency in your Bittrex Account to the applicable governmental entity as unclaimed property, such as where your Bittrex Account has been inactive for a period of several years (as defined by the relevant state statutes) or where Bittrex ceases providing Services. If this happens, Bittrex will attempt to contact you using the contact information provided by you. If you do not respond, Bittrex may be obligated to turn over any Tokens in your Hosted Wallet or any fiat currency in your Bittrex Account to the applicable governmental entity after deducting any fees payable to Bittrex. The applicable governmental entity may require Bittrex to liquidate any Tokens in your Bittrex Account into fiat currency and turn over the resulting fiat currency to the governmental entity. You agree that Bittrex will not have any responsibility or liability for any losses, damages, or other harm that you may incur in connection with Bittrex turning over Tokens or fiat currency to the applicable governmental entity or Bittrex’s liquidation of the Tokens. 2. Coinbase Talks about death of account holder and how one can claim the assets - https://www.coinbase.com/legal/user_agreement/payments_europe13.11 Death of Account Holder. For security reasons, if we receive legal documentation confirming your death or other information leading us to believe you have died, we will freeze your Coinbase Account and during this time, no transactions may be completed until: (i) your designated executor / trustee has opened a new Coinbase Account, as further described below, and the entirety of your Coinbase Account has been transferred to such new account, or (ii) we have received proof in a form satisfactory to us that you have not died. If we have reason to believe you may have died but we do not have proof of your death in a form satisfactory to us, you authorize us to make inquiries, whether directly or through third parties, that we consider necessary to ascertain whether you have died. Upon receipt by us of proof satisfactory to us that you have died, the executor / trustee you have designated in a valid Will or similar testamentary document will be required to open a new Coinbase Account. If you have not designated an executor / trustee, then we reserve the right to (i) treat as your executor / trustee any person entitled to inherit your Coinbase Account, as determined by us upon receipt and review of the documentation we, in our sole and absolute discretion, deem necessary or appropriate, including (but not limited to) a Will or similar document, or (ii) require an order designating an executor / trustee from a court having competent jurisdiction over your estate. In the event we determine, in our sole and absolute discretion, that there is uncertainty regarding the validity of the executor / trustee designation, we reserve the right to require an order resolving such issue from a court of competent jurisdiction before taking any action relating to your Coinbase Account. Pursuant to the above, the opening of a new Coinbase Account by a designated executor / trustee is mandatory following the death of a Coinbase Account owner, and you hereby agree that your executor / trustee will be required to open a new Coinbase Account and provide the information required under Section 3 of this Agreement in order to gain access to the contents of your Coinbase Account. Binance despite being the biggest exchange, doesn't day anything about Inactive accounts, unclaimed property or death of account holder  |
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