Bitcoin Forum
August 25, 2024, 07:11:01 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 [178] 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 ... 483 »
3541  Other / Beginners & Help / Re: Is this a viable trading strategy? on: January 08, 2018, 08:20:34 AM
I think stop losses are bad for two reasons:

1. A stop loss is literally a pre-planned buy high, sell low.
2. You are throwing away your ability to make decisions.

In general, basing buy/sell decisions on only the current price is not rational trading. Whatever has happened to arrive at the current price cannot be changed or rectified by buying or selling. Buy and sell decisions should be based on the expected future price.
3542  Other / Beginners & Help / Re: I need guidance on: January 07, 2018, 07:47:15 PM
It is possible with Ethereum and ERC20 tokens (https://theethereum.wiki/w/index.php/ERC20_Token_Standard).

Keep in mind that you are selling securities, so if you are in the U.S. or selling to U.S. investors, you will need to comply with SEC regulations. That will be the more difficult part.
3543  Other / Beginners & Help / Re: 2.5BTC CLOUDBET WITHDRAWAL PENDING 24HRS + SCAM? on: January 07, 2018, 07:41:15 PM
The knowledge you have gained is worth more than the money you have lost.
3544  Other / Beginners & Help / Re: Have any of you guys lost BTC to sending to wrong address? on: January 07, 2018, 07:36:12 PM
Look at the destination address in a block explorer.

If you don't see your transaction, then it has not been sent or you sent to a different address.

If you see your transaction, but it is "unconfirmed", then you just have to wait.

If you see your transaction and it is confirmed, then something is wrong with your wallet (maybe it just needs to be refreshed), or the address is not in your wallet and you sent the bitcoins to some other wallet.

Would backing up exodus before the btc showed up effect this? Also does that 12 word phrase include all crypto currency I buy or is it specific to eth? What would you guys do in this situation? It was $266 worth of btc...

Backing up the wallet does not affect its operation. Typically, the 12-word phrase is specific to the wallet and is used for all the currencies that the wallet tracks.
3545  Other / Beginners & Help / Re: Best way to calculate profits/losses? on: January 07, 2018, 07:19:01 PM
Say for example, I bought $1000 worth of Bitcoin at $15,000.00.
It goes up to say $16,000.00.

What's the best formula to calculate my notional account balance (excluding transaction fees, to keep it simple)?

Thanks

new balance = old balance x new price / old price

In your example,

new balance = $1000 x $16000 / $15000 = $1066.67

But it might be easier to just keep track of the amount of btc and its value.

btc = sale amount / btc price

Then anytime you want to know how much you have

new balance = btc x new price

In your example, you bought $1000 worth of BTC at $15000, so you have

btc = $1000 / $15000 = 0.06666666 BTC

and the price is now $16000, so your BTC is now worth

new balance = 0.06666666 x $16000 = $1066.67
3546  Other / Beginners & Help / Re: Types of Trading bots- any detail and how they work? on: January 07, 2018, 07:15:13 PM
Thanks people I will look into the knowledge shared and especially a system where I do not need to download but works on a website. Much appreciated.

Do you mind sharing on average with an investment of 500usd how much you can make per day?

There is no such thing as magic money making software, and there is no trading system that works all the time.

Real trading works like this: you spot a opportunity and you take advantage of it. But, as more people spot the same opportunities, the return eventually drops to 0. Then, you need to look for new and different opportunities. You can't buy software that looks for new and different opportunities.
3547  Bitcoin / Bitcoin Discussion / Re: Depositing 3 Million GBP in BTC into a bank account on: January 07, 2018, 06:51:18 PM
The big exchanges are big enough and liquid enough for someone to sell bitcoins worth $ millions over a short period of time. Gemini has an auction twice per day.
3548  Bitcoin / Bitcoin Discussion / Re: Proof of how FEW people posting here understand how Bitcoin works on: January 07, 2018, 06:09:50 PM
A Ponzi scheme is where early investors are paid by later investors.

No. It is not.

A pyramid scheme is a scheme where early investors are paid by later investors (and the investors know it is a pyramid scheme).

A ponzi scheme is like a pyramid scheme except the operator lies about where the money comes from.

What is a 'Ponzi Scheme'

A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for older investors by acquiring new investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers. For both Ponzi schemes and pyramid schemes, eventually there isn't enough money to go around, and the schemes unravel.

If you think that Bitcoin is a scam, you will have a much better time arguing that it is a pyramid scheme rather than a ponzi scheme.
3549  Other / Beginners & Help / Re: HELP, ACCIDENTLY SENT SOME MAIDSAFE TO NUMBER AND NOT A ADDRESS on: January 06, 2018, 09:42:31 AM
This is a Bitcoin forum. You will get better answers in a Maidsafe forum, such as: https://safenetforum.org/
3550  Other / Beginners & Help / Re: Hello! I'm stumped and impatient on: January 06, 2018, 06:21:09 AM
Bitcoin is not very good right now for payments because of the high fees. It might be better to go with other popular coins such as Litecoin, Dash, or Bitcoin Cash.
3551  Alternate cryptocurrencies / Altcoin Discussion / Re: What's going on with the ICO? on: January 06, 2018, 06:14:15 AM
By contribute, do you mean donate? Most people believe they are investing in an ICO, but they are really donating. Wink
3552  Bitcoin / Bitcoin Discussion / Re: What happens when Bitcoin reaches its Max Supply? on: January 06, 2018, 05:06:42 AM
After it reaches it max supply It will most probably be worthless. As it cannot accept micro-transactions anymore and this will cause many people lose interest in it. I see the price going down and the chain turning off.

I assume you are trolling. If not, then I suggest you read more and post less.
3553  Bitcoin / Bitcoin Discussion / Re: Fee Issues on: January 06, 2018, 12:46:08 AM
The benefit of a fee is very simple. It prevents spam. If there is no cost to making a transaction, then anyone can fill up all the blocks at no cost and at the exclusion of other transactions. When people compete for space in a block by paying a fee then then only the important transactions tend to end up in the block chain.
3554  Economy / Speculation / Re: Bitcoin bubble on: January 06, 2018, 12:10:33 AM
... even the organizer of bitcoin stated ...

I'm curious who you think the "organizer of bitcoin" is.
3555  Economy / Exchanges / Re: Are Coinbase being deliberately stupid/inefficient? on: January 05, 2018, 09:05:42 AM
Consider that 100's of thousands of person sign up at Coinbase every day, and all of these people need hand-holding because they have no idea what they are doing. There is no way that any company can handle that load successfully.

Bitfinex did the right thing by halting new accounts. They lose potential customers, but at least they don't go broke trying to support them.
3556  Other / Beginners & Help / Re: Looking for help on a possible bitcoin scam on: January 05, 2018, 08:55:16 AM
...
This smells really really bad to me
...

It is probably a scam. Don't let him send them any more money.

Can anyone tell me if vitrocoin ( https://www.vitrocoin.foundation ) is a scam and if is so, what could happen?

It is clearly a scam. Scammers get all the money and investors get worthless coins.
3557  Bitcoin / Bitcoin Discussion / Re: Who will lend money without banks? on: January 04, 2018, 09:48:39 PM
When people say that cryptocurrencies will replace banks, they are talking about the aspects of storage and transfer of money. Banks will still lend money, whether it is fiat or crypto.
3558  Other / Beginners & Help / Re: How do you feel about Genesis mining? on: January 04, 2018, 11:55:13 AM
I have been with Genesis mining since April.  Does anyone else feel like they have been slowly reducing payouts?

Is that because the difficulty has risen, or do you mean something else?
3559  Bitcoin / Bitcoin Discussion / Re: Bitcoin functionality issues on: January 04, 2018, 11:46:32 AM
the only thing left is for LN to be adopted more.

LN is still vaporware. It has to be implemented before it can be adopted.
3560  Bitcoin / Bitcoin Discussion / Re: Bitcoin - Slow / Expensive / Unreliable --> LN = Fast / Cheap / Reliable on: January 04, 2018, 11:42:31 AM
LN will be fast, but it is not clear that it will be reliable or cheap. The complexity, availability, and reliability of the connection might make it difficult to make a transaction. It is possible that opening and closing a channel could be very expensive.
Pages: « 1 ... 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 [178] 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 ... 483 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!