I don't think the power station owners give a mind who and how are spending their electricity. If the users can pay for it then there are no problems as I see.
They don't give a damn so long as their transformers can handle it in an area, they don't mind if users are using a lot of electricity but it is a different case when they use too much as transformers cannot handle it(that is mostly the case for large scale miners). Nevertheless, they still won't give a damn so long as the miner doesn't bring harm to their equipment at all and given that there is always enough electricity to power up the whole city. |
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EOS recently dumped lots of ETH. You guys think maybe they are trying to damage them and looking to show the community that they will be the better alternative? Or maybe theyre just paying wages who knows  If they really have dumped lots of ETH, I think it would be a bad move to buy their coin at the moment since times like these are the most common reason for mistrust in team. I guess if they left some ETH behind(if it is above 30% of what they have recently), then they might not abandon the project just yet. Always be watchful in their movements though as they can abandon it if they dumped a lot of ETH from their address. |
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Dear Friends,
I have sent ETH coins for 100$ from coinmama.com to my yobit.io TDS wallet address on 09 Mar 2018. No coins transferred untill even I raised 2 tickets for customer supports but no response yet.
I trusted on this exchange but I was wrong.
Please dont use this exchange if you want to save yours money and coins.
Regards,
Yasir
You should have had used other exchange, I wouldn't trust yobit.io if I were you since they are known to have some shady activities. I hope you recover your coins and if there is a trollbox, it will help you if you will talk about it in the trollbox of that exchange so that someone or a moderator can assist you. Also, just let me ask what do you mean by TDS wallet another altcoin? If that is the case then they can't help you. |
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In my opinion, BTC is not a traditional currency like gold and silver because it does not have any use value, so it is not a credit currency. It's basically just one use, money laundering tool.
What a bold declaration. What made you think that way? IMO people(at least most of the users) does not use bitcoin for money laundering, they use it for speculation and as a currency online(for some users). I guess you can say the same thing to fiat if it is still not being used to pay everyday(since most of the money laundering transactions happens in it). Domestic money is changed into bitcoins and then physical transportation to overseas exchange for foreign currency escapes regulation and the cost of money laundering is lower than before, and the risk is low.
Then do you know a way where one can get that money out without alerting the government about it? Most of the countries that still doesn't ban bitcoin requires documents before they can get the fiat currency from conversion. |
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So what exactly should be decentralized?
~snip~
Government should be decentralized so that people can see the funds movement from it transparently without the need of media coverage(which is often filtered). The blockchain might be adopted in such places where it is possible to minimize the price of datastorage (like there was a project that kept medical data on blockchain) but this is not about privacy.
Blockchain can be adopted on places that needs faster sending of data and also faster and transparent recording of transactions via ledger(NASA, etc.) I think blockchain can also be adopted on industries that deals with money remittance and handling(such as banks and money remittance centers since people trust them more than cryptos). |
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Blue-chip companies have their products and their stock price is based on management and performance while Bitcoin price depends mostly on its adoption and speculations. That makes the whole comparison inaccurate. Blue chips are the most stable companies (like Apple, IBM, Microsoft, The Coca-Cola Company, Ford, Alphabet) and this is the safest type of investments. Unfortunately I can't say the same about cryptocurrencies.
The only type of stocks that BTC can be compared with is the ones that raised in dotcom bubble.
At least I can say that for now, OP is right in his comparison only when it is in terms of crypto. I think large swings are normal since crypto market is relatively new when compared to stocks, Therefore it is too early to call bitcoin a bubble. Somehow, I agree with your statement that BTC itself can be compared with the ones that raised in dotcom bubble, because of the excessive speculation of users and investors. |
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The value of bitcoin is going down due to the news of google about banning cryptocurrency related ads and ICO. But not only that Twitter and instagram according to some articles are also making those actions. Though it is unverified information but it is making a stir on the market thus have played a role on the drop of bitcoins value. But thanks to the news on G20 that says they are going to tackle about the benefits of cryptocurrency, bitcoin has recovered its value and hopefully to climb up more.
Besides that, FUDers are grabbing this opportunity to spread more fake news(although google banning crypto ads is a fact). Panic sellers also contributes to the price's bearish trend. As a bitcoin user, I think it is only okay for me even if price of btc goes down today. It will just mean that we are weeding out the weak hands and market will become healthier, it will also be a good opportunity to rebuy after selling at the peak or near the peak. |
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I don't think so. Cryptocurrency specific agencies will be earning a lot more from the lost business Google bring to themselves. The crypto-centric web has been growing rapidly and there now are many crypto-only networks. No need for google in this market.  I think it is a dumb move for google, since they removed one good field to generate income into. Somehow, I thought this bit of news is just a rumor when I read it but I searched about it, and known from many reliable source that google will really ban crypto. Rumors also say that twitter will join google in banning crypto ads. Well, suits them fine, we are not the ones who will lose anyway. The only thing I don't like is it's short term effect. |
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Anyone,,, can u tell me how to recover password nano wallet on telegram bot.?
I want to send my nano to exchange but the bot say i must input my password, and i loss my password.
You can try to remember it and put up possible passwords that you might have had used. Otherwise, we can't help you since it is your password and the only key to recover that is some bit info from your memories. You can also try bruteforcing it but before that, add words in the wordlist that might be included in your password. I don't guarantee this will succeed though but you can try. |
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You can try to buy and stock up some(any) of the coins in the top 100 in coinmarketcap, I am sure that they are the less riskier option in such times. I recommend to hoard btc, eth, ltc and many more major altcoins in this current bloody market, as they are guaranteed to give you a return at least when market starts being bullish again. I also would like to recommend sleeping gems that have been stable for quite a while(they are likely to move again if bullish trend goes back. |
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I'm sorry but I have some doubts about the sustainability of this interest rate over time. Let's do some mathematical calculation.
Investing today $100 and earning 2% per day with compound interest would be having:
10 days after $121.9 with total interest rate 21,90%
30 days after $181.1 with total interest rate 81,14%
60 days after $328.1 with total interest rate 328,10%
100 days after $724.5 with total interest rate 724,46%
200 days after $5,248.5 with total interest rate 5248,49%
365 days after $137,740.8 with total interest rate 137740,83%
I feel it is quite difficult to have these gains, even in crypto magic world....
Since he is an early adopter, OP is very likely to get the returns of his investment and might profit from it. Nevertheless, you are right that the project OP is referring to cannot sustain that interest rate over time, and that would turn out to be scam in the future. OP is right though that right now it is a good coin to invest into specially that market is bloody, it would be good to buy some coins and add this in that list. Although risky, the potential of profit is still there. |
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Well, since many people are showing their portfolios I thought I might ask for advise too.. So here it is. I deliberately stay away from most of "established" coins like ETH DASH and so on.. I did some research on them, and pretty much every coin there has a strong fanbase of strong believers. However I feel that 50+ coins is a bit too much, and wondering, what would be better to get rid of, and what is better to buy for funds obtained from that sale.. NEBL - 19%SC - 10%CRDS - roughly 10% (not available in Blockfolio) XEM - 9.5% DCN - 9.5%COSS - 5.8%STEEM - 3.10% WAVES - 3% CHC - 2.3% XMR - 2.3% TRX - 2.2% (will be gone as soon as price hits anywhere close at where I stupidbought them) ONION - 1.9% ZCL - 1.7% XRP - 1.65% (same as TRX)DAT - 1.6% LUX - 1.5% XSPEC - 1.33% ETC - 1.3% ADA - 1.2% LSK - 1.1% ICX - 1.1% ARDR - 1.1% HVN NAS LTC BAY VEN FCT IOT XCPO SHIFT PRL PIVX UNIFY XBY XLM XRB NLG OAX VTC DIME BCD (stupid buy @70$) TEL ATL ELIX STRAT ARK ANT - below 1% Which coins would you personally get rid of\strengthen positions? NEBL COSS and DCN were obtained on ICO (most profitable investments so far). I had over 35% of NEBL in portfolio, sold some of them for others. Thanks everyone in advance  This is just my advice but get rid of those I marked red, as you have profited a lot in it so far(according to your post). Try to convert those back into btc and hold it, IMO you need to hedge into btc for now since it's price is down and is a good opportunity to buy. Also, try to get rid of those I have marked lime green if you have profited in them already, it is better to take profit in them now than later. |
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This is my council to you, invest some amount which you can afford to loose completely and then just forget that you have crypto, don't care much about the current prices. Be a F* HODLER.
Most crypto millionaires were holders and they didn't even know that.
Don't try everyday to understand the market and neither try to take profit from every bounce - you'll probably give it back to the market another day.
I will leave some quotes from Jesse Livermore which I assume are great for this topic:
“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!”
“Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes.
Those are wise words but the richest millionaires in crypto continued to interact with crypto space even if they are holding, and didn't forgot that they had some coins. Besides holding, they are also working hard to get and hoard more bitcoin as days pass by. One good example of this is exchange and altcoin devs and big crypto investors(whales). They are the ones who didn't forget that they have some coins, but still holds it and hoards some in the process. |
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As what I know, he sold about 40k BTC, and he still has 150k BTC. I fear this..
As indicated in the news linked by the OP, he only moved the coins, not sold them. Why fear it if those coins can bring forth another good opportunity to buy? I think any investor who doesn't have that much bitcoin at the moment should be rejoicing the moment he dumped all those not just because of a bearish trend, but because those coins will be distributed and fear of mt. Gox coins would be gone. |
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So much and turn around the "bad" news that hit bitcoin some last time. Will bitcoin survive such a situation?
Or bitcoin just being a 'mtgox' debris a second time?
I am personally still very confident if bitcoin can reach a reasonable price by the end of this year. Even more fantastic in the next year.
You have another opinion, please share your opinion about bitcoin for the end of this year. Will it survive?
Bitcoin will survive IMO but the price by the end of the year wouldn't be as great as you are expecting OP. I guess it will sit in a reasonable price but it might not exceed your expectation in the next coming year. I believe bitcoin would be stable at some point(going up and down on a certain price range) before we see actions again. Nevertheless, I am very confident that it would not be a 'mtgox' debris, instead it will become healthier as those mt. Gox bitcoins are being distributed. |
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I can't agree with them about the 2K bitcoin. But even it fall to 2K, I will just buy more. If you don't need money and you are believing in crypto, then do nothing.
Everything had a major dips. Check the 'secure' gold for example and prices in '00 or <'70.
I can somehow agree with them with the 2000$ bitcoin as it is possible, I don't deem something as impossible just because adoption rate have dramatically increased as well as the support from the community. We must always remember that bitcoin is unpredictable, and the massive growth of users we have seen are from the get rich quick hype that newbies have jumped into and is just a fallacy. If it really does go down to 2000$, I would do the same. |
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On the other hand, compared to other bubbles this crypto nonsense has been going on for way too long already. So that's also reason I'm starting to think he's right and that it might be over very soon now. I think the public is starting to realize it's not working now th transactions are going down and shops are stopping to accept it.
That is true, after all what shop would like to accept something inconvenient to pay with and has slow transaction speed? If bitcoin wants to get accepted by many stores again, it needs to improve and be able to accommodate more transactions per second and if situations doesn't improve soon, for this reason, I am also starting to think that the so called "Bitcoin bubble" by the experts will soon pop. |
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I started thinking that this correction is more sever than I expected. I thought we were in small 4th correction and target was 50k usd. However now I see that we are some like in mid 2014. Please chech my analysis below and comment  I also think that this correction was somehow a repeat of mid 2014 since the panic and the scenario that time is very similar(although it is a little bit different. By the way can I ask you to upload your analysis on another image hosting site? I can't check it since the site refuses connection either from my country or just a problem in my internet. Either way I can't see it even if it is embedded. |
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I don't want to sound I am panicking, but the price of BTC has reached the lowest point this month. Checking on the chart of this quarter on 5Feb there was this dip when the price of BTC even went down to $6,500 I heard people around me they believe BTC price will even fall further. Is this really gonna happen? It is possible to happen considering that bitcoin price movements has been up for a prolonged period of time and lots of uncertainty are going on(because of FUD's. I don't think it will fall back to as low as 2000-1500$ though if that happens it will be a real dilemma and we might see sub 1000$ again. Either way, the price is better comparing to when it was sitting at 200-500$ so it is not bad. Just don't panic sell for now it is wiser to hold. |
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I'm interested in how you can stabilize the price of a coin, if it is based on a decentralized system?
A coin will stabilize even if it is based on a decentralized system when it is constantly being used for buying and selling at the same time with balance. I think there are some coins out there that are good to accept as payment since they rarely moves. Although that is the case, a true stable coin which does not fluctuate at all isn't decentralized but it would surely be a centralized one because volatility is always there on the free market. |
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