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That is quite a lot of bitcoin to invest in a single alt coin. I would like to invest it on cheaper altcoin that have great potentials in the future not just hyped. Maybe I could use .5btc on nem and the rest for other altcoins on the top 5.
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Firstly newbies always search how to get free bitcoin rather than start buying bitcoin and getting used to it. Since its practically not easily available to get free so people waste lot of time on those faucets, gambling etc and end up in a loss.
Buying won't be possible for everyone and that is the reason they start looking for free bitcoins which they can get from faucet sites but the payouts is too low but they don't have any other choice of earning bitcoins at that stage so I don't think that its a mistake to spend time on faucet sites. I think everyone went through that stage but lingering there for too long is the real mistake. Once you get the hang of bitcoin, you should move on to better way of earning bitcoin. Collecting dust will just make the content of your wallet prone to higher fees because of high bytes input. |
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I gues it's fair enough even sometime it take almost 3hours but somtimes it take just not even an hour it just has a fee of a cent so i think that fair enough for a transaction of bitcoin local and abroad.
When was the last time you sent bitcoin? If you just use a cent for a single transaction, even if it only have one input, it will take you forever to get confirmed. Because bitcoin is not scaling, the fee gets too high for normal users. And it is not very desirable to attract new users as well as retain old users. |
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I used to play this game at bitvest.io but I stopped playing it a long time ago. I like it because I can play using a customized row which is better to make profit than those standard rows. I play it almost everyday but when I realized I am wasting too much time, I stopped altogether.
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We will get there when we get there. If it takes us this year or 3 years from now, it is all the same. For now, that is not yet my concern. I am more concern in getting more bitcoin or getting advantage of the dips.
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I made some money the last time lepen was pumped. I bought it very cheap so when they pumped it I easily made x10 my initial investment. So yes, I trade those shit coins but I am also aware that I am throwing away money if they do not get pumped at all.
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Yeah, but which wallet should I put them first? Currently they are held at Poloniex exchange which is probably not very smart for long-term holding.
Indeed. That's a terrible idea. Move them to the Nano wallet for the sake of convenience and get the private key from there - https://www.youtube.com/watch?v=CJZFw2b3b1sOr there's this - https://www.youtube.com/watch?v=52RxRui_dgc but last time I checked the mobile wallet it didn't seem to want me to put real coins on there. I am using android wallet and it is working fine with me. If you are not spending your xem, it is better to install android wallet on an old phone and send your xem there. Once done, remove the battery and store your phone somewhere safe. A cheap alternative while hardware wallet is not yet out. |
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Confirming payment received for week 7. Thanks paybis
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I do not put too much money on altcoin that I do not think have potential to grow in the future. If ever I put something on a P&D altcoin, it is very minimal. This will allow me to put bitcoin in and wait for the next pump before I dump that coin. So far, this strategy is working for me.
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Back when I was still playing dice, I always have a set of stop loss and target profit. If i reach either the set amount for loss or win, I will stop gambling. But now, I only gamble on sports betting so it is easier to manage. I only bet on one sports and it is a set amount.
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You can put it that way because you can never be really sure if you are putting the right orders at the right time. But since you can use technical analysis and market study, then you have better chance of guessing the right path the market is going to take.
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I don't think there is a new policy for miners in terms of fee because it is same as the old days but the only difference is the rate of fees for doing transactions, Back in the old days, transactions are usually very fast and cheap in fees but now on, it is slower and it is getting more expensive but i hope this problem will be fix by the miners soon.
That is a scaling problem that unfortunately has not been solved yet. So right now, we have no choice but to pay ridiculously high fees to be able to send bitcoins faster. So for the meantime, to be able to maximize your fees, do not send or receive small amount. It is better if you send in bulk. |
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Probably not, but if you have an investment size of >$50k you might be able to for less time than that as long as you have a backup plan (a secondary job or skills that could warrant one).
You need to understand that every 4 years block rewards will be cut in half, which will result in your profits being more and more reliant on transaction fees which will vary depending on various factors related to the network.
However, you mention that you have free electricity on another of your posts, and that's a good start.
thank you bro for replay i do have free electricty  i hire that the more difficlty mining is the more bitcoin price go up so bro what do you think ? i know there is only 25m btc can be generate , so after that what miners will do ? they are 21M actually not 25M, they earn transaction fee which are currntly giving around 200 btc daily additionally to the block reward in theory you could live out of mining with cheap electricity, and by selling your miner at the correct time to by new the new generation one but it's risky because it require a huge capital, and because the competition is fierce already,which mean that you need to add miners just to stay competitive and earn the same so brother the mining can never end even after the 21m btc generate ? it depend, if the fee are not enough to sustain the mining activity it could end way before the reward end, the reward will be very minimal in two more halving already otherwise yes will never end, it depend enterely on the value of bitcoin and the adoption that there will be in the future If there is no one mining, then there will be no one to confirm transactions. Then bitcoin transactions will be put into a halt. Fees should be high enough to cover the cost and have profit in mining when block reward is over, otherwise bitcoin is.doomed. |
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If they know for sure that you have a lot of Bitcoins and are willing to torture you to get them, you are pretty much screwed.
The main option, if you don't want to hand over your private keys and secure your coins, is to be always able to kill yourself instantly (say, by having a poison pill in one of your teeth or so). This secures your keys. This is why non-anonymous crypto is fundamentally flawed, because you transfer the danger of getting stolen, into the danger of getting tortured, if the knowledge of your possessing crypto is public. That is a good idea, I just hope you do not accidentally swallow your poison even before someone threaten to get your bitcoin. It is a shame to die out of nothing. |
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Just respect each others opinion. You cannot force bitcoin to others as well as they cannot force their hatred of bitcoin to you. Just listen, state your point and move on. There is no point in listening more if you already made your mind about bitcoin.
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They were right, you have accumulated a lot of dust inputs making your transaction quite large. You have an input size of 3910 bytes and you just paid 85 sats per bytes. In todays standard, you should atleast pay 160 sats per byte to have a faster confirmation time. |
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If there will be more users, meaning there is a diverse users of bitcoin, I think there is a chance that the price will stabize. And of course, if there is no more whales who holds a lot of bitcoin. Those whales can manipulate the price making the price unstable.
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It's too expensive to buy a wife for 2.5 BTC. You are better off using a prostitute. It is cheaper and you don't have to feed her and put up with her crap. Well, you can use them as stocks investment, buy a wife (don't forget to ask for transaction papers) and mess around until BTC goes up, sell, and wait if BTC goes down, then repeat XD
It is not a good investment. If you mess with her already, your wife losses great deal of value. I think those who use this site buy wife for their virginity. If it's gone, no one will buy her from you. |
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tanong ko lang po bakit po lumaki po fees ng coins.ph ngaun kung kailan po sobrang dami n gumagamit ng coins wallet saka lumalaki ang fees then every time n mag transact k po may fees agad even papasahan k lang ng pera may fee agad iba ung fee ng nag pasa at iba din ang fee ng napasahan ....
My fees ba ang pagreceive ng bitcoins sa coins.ph? Parang di ko napapansin to. Kasi yung sinend ko sa akin mula sa ibang wallet,same amount naman ang dumamdating sa coins.ph ko. Yung pagsend, may choice ka na magfee ng malaki para mabilis ang confirmation. Pero sa hindi fixed amount yung fee. Sana base sa bytes, para accurate. |
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You can sell it, no one can stop you. But there will be very little market for dice strategy. Only the newbie will bite into that and others will just bombard you with scam accussations. If it really is working for you, keep it to yourself. It is not worth all the trouble you get when you try to sell it.
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