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3961  Economy / Speculation / Re: $9,800 will be the target for current uptrend, bullets are fired. on: February 08, 2018, 09:43:01 AM
Currently, BRC is consolidating around $8,100, but is you take a close look at the daily chart, you will find that volumes are increasing, indicating that price is ready to move up, and the target will be $9,800. But the overall downtrend stays intact.

Check the analysis from Chinese analyst Kuang Ren and feel free to leave your comments:

Judging by volumes on hourly chart, this time, price holds greater chance to move above MA 5 again when compared with last surge as marked. Basically, the expanding volumes indicate the enthusiasm of main funds to push price up. That’s why I insist that price will break above MA 5.

$8,000 and $9,800 are strong resistance on daily chart, if price breaks above $8,000 tonight just like how it did that in last 2 attempts, it’s very likely for price to bounce back to around $9,800, meaning that positions set around $8,000 will be unlocked. However, we can’t make any judgement about how price will move after getting to resistance level. Please keep in mind that current wave of uptrend is only part of the pullback on weekly chart, bottom after current move is unknown to all of us. Being cautious is recommended.

Last week, I stated in my analysis that price will keep stable in the next 1-2 weeks, now price is moving as expected. You can hold on to your chips.

Original by Kuang Ren, translated by AICoin Jami.

Go to https://www.aicoin.net.cn/article/13337.html for full-version analysis.

Could be possible imo. Obviously there is a possibility for the price to move both ways still.

First we need to really establish the $8k level as the floor. After that, we can build on top of the floor, and $9k, 9.8k whatever will come quite easily. If we can stay stable at $8k-8.5k for a few days, then my money is going to be on bitcoin hitting the aforementioned target.

After the target hits, obviously we'll have to see if $10k is able to come once again.

I still think that there may be enough gas left in the tank for bitcoin to make a couple more pushes in price, potentially settling at a much higher price than it is atm.
3962  Economy / Scam Accusations / Re: tippereconomy.io potential scam on: February 08, 2018, 09:24:16 AM
You should have screenshot the part where they claimed that they've got 250 ETH in funding from one person, and also the part where they kicked you out of the telegram group even though you were asking legit questions.

If they are reluctant to answer questions, even though they may have indeed received 250 ETH or whatever in funding, then they're still in the wrong and probably trying to hide something that they don't want people to know about.

Their site is under maintenance rn, but looking at their whitepaper, I honestly do not see this project being anything new. Probably just a clone of another existing alt, with a revised whitepaper and some specs edited.
3963  Economy / Speculation / Re: Keep a Cool Head. Play Your Cards Right and Wait. on: February 08, 2018, 09:10:23 AM
Guys been here since HODL did not exist.

To everybody burnt.

You cannot influence the price movements, so do not panic.

Keep a cool head. The cycle will repeat, this is a very usefull technology and it matures day by day.

My advice:

-if you are still in the green but lost the chance for huge profits then take some profits out but keep enough in to stay in the game.

-if you are deep in red then HODL. When market stabilises try to increase your BTC holdings buy trading RELIABLE altcoins (LTC, ETH, MONERO, BCH etc).
Always stay in crypto until you are in the Green again.

& BE PATIENT.




Excellent advice here.

If you're in the green, big time, then take some of your profits at least so you are guaranteed to break even plus some of your profits no matter what happens with the crypto space. If you do sell and price goes up again, keep a cool head and don't buy into the fomo. But do leave some BTC for long term holding still, but as i said, sell some so that you can buy cheap coins as the opportunity comes round.

If you're losing out then you don't really have a choice... Keep holding, pump will happen eventually and everyone will be hyped up again. Could take years to get prepared, make sure that if BTC goes down lower, you average out your buys to a lower level.

Trading isn't to be played with emotion. People who are selling at the dip of $6k are regretting their decisions at this very moment.
3964  Economy / Lending / Re: [WANT] 2 BTC [PUTTING UP] 3.25 BTC Collateral [PAY] $500 USD [TERM] 30 DAYS on: February 07, 2018, 07:41:33 PM
I’m quite unsure as to what you mean. It all seems very complicated and I’m sure that you can explain this much better.

But what I do see is that you’re wanting the lender to not liquidate your altcoins which is pretty much not going to happen. If you were to take out a loan from anyone the lender will have to liquidate the collateral if it goes under a certain amount that is predetermined. If collateral slips below 100% and you don’t pay back then it’s a huge risk for the lender

PM me with a simplified version of this and I’ll get back to you.
3965  Economy / Speculation / Re: What is the main reason for Bitcoin Price down? Will it stay for a long time? on: February 07, 2018, 08:58:02 AM
Lots of people are feeling very sick for bitcoin's price down. 2 Days ago, one of my known brothers texted me that he almost went for a heart attack! Because he invested all of his money on bitcoin and altcoins.Actually, I am feeling tensed too.
So, what do you think, What is the main reason for Bitcoin Price down? Will it stay for a long time?

Main thing is simply natural market fluctuation.

Every 4 years or so bitcoin gets a big pump, and then after that big pump will be obviously a big dump, which we have seen right now. But this has also been contributed to via the constant bad news that crypto has been receiving over the past few months basically.

To put it simply - bitcoin was overvalued, and it is just returning to the norm now that investor expectations are not as artificially high anymore.

It may stay down for a long time, but I think it's worth buying at these levels. Shouldn't be much risk but a lot of rewards.
3966  Economy / Exchanges / Re: Yobit withdrawal on: February 07, 2018, 08:36:53 AM
Hey guys,

Is anyone having hard time withdrawing Zcash from yobit? I want to know when I will be able to withdraw, I didnt expect this from yobit, I am
disappointed.

Should have expected this happening. It's yobit. And everyone here knows how crap yobit truly is.

If they haven't provided you with any txids then you'll just have to wait. Open a ticket, because they're not going to be monitoring the forum at all. Any PMs you send to them will be ignored as well, they just don't process anything other than from their ticket system, which is quite dysfunctional itself.

Eventually though I expect this to come through. Cold storage transfers on yobit can take a while.

People have gotten their withdrawals when at first they got this error, though. So you have a chance.
3967  Economy / Speculation / Re: How low will this bear trend go? on: February 07, 2018, 08:12:26 AM
At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

I wouldn't be surprised if bitcoin goes under $5k. It's still going to be an overall gain of around 400% when compared to Jan last year, but obviously it's a huge drop from the all time high of essentially $20k.

How long it'll stay bearish though, it's hard to figure out.

We may have several small pumps to take bitcoin back up to $10k, just like the recovery right now. but I think it is quite unlikely that BTC gets up to another all time high until at least 2019-2020. That will be near the years where bitcoin's halving occurs, and the most hype is generated out of all the years.

During 2018-2019 though I think markets will stay relatively inactive.
3968  Economy / Service Discussion / Re: Portfolio tracker on: February 07, 2018, 07:41:01 AM


Good day to all,

I am looking for a paid API web-based portfolio tracking tool that will allow me to track my current assets profit/loss in real time. I tried cointrackin.info, but I did not really like it to be honest, I am only looking my portfolio and nothing else. Any help would be appreciated.

What do you mean by API web-based portfolio tracking tool?

The ones that I've trialled and found working are the following: Blockfolio, altpocket, cryptocompare. Blockfolio is limited to being a mobile application while altpocket and cryptocompare all are website-based.

Also I've got a spreadsheet that I've hired someone from freelancer to make that tracks your holdings. It's somewhat more flexible compared to what you would normally get, but there will be disadvantages such as frequency of updates being lower, etc. Let me know if you're interested in that.
3969  Economy / Lending / Re: Question about fees - Lending on: February 07, 2018, 06:33:08 AM
Hi all.

Say I want to provide micro lendings, how exactly does it work with the fees?
In electrum I can choose how much fee I want to pay, but if I put it on low it will take a lot before it confirms, if it ever confirms.
When i put the default fees it can be like half of the borrowed amount.

Who pays the fees in general and how can it be worth it to take/give a micro loan if the fees are so high ?

Generally, you just don't do any loans under 0.0025 BTC since it's going to be not worth your time and effort. If you do though, then ask the person to include in their repayment transaction fees as well. Obviously you shouldn't have to cop this fee yourself.

If you're lending microloans out, then potentially you could look at using dogecoins which has a super cheap blockchain fee, and is widely recognized as a liquid altcoin, even though it may be not stable at times.

Alternatively, use offchain transfers via coinbase/xapo to send out the loan. Would not recommend taking these micro-loans in the first place, though.
3970  Bitcoin / Bitcoin Discussion / Re: Unfortunately people will learn the hard way that Bitcoin is a Ponzi scheme on: February 06, 2018, 10:04:10 AM
Fiat currencies are not backed by anything. They used to be backed by silver and gold, aka assets that you can access, but now, they can just be printed out of thin air.

Based on your logic, gold is a ponzi scheme because a) people use it as a store of value and b) it has virtually no uses apart from some industrial applications which is so small that it can be neglected. Anything that does not originate from debt, apparently is a ponzi scheme.

A ponzi scheme, something like bitconnect, has a guy up top that is collecting all the revenue. Bitcoin hasn't got anyone doing that.

Bitcoin could crash, it could be eventually worthless, but dwhen that happens does it mean that it's a ponzi scheme? No.
3971  Economy / Speculation / Re: I bought at 19k, now what? on: February 06, 2018, 09:08:11 AM
I bought 3 btc on credit for 19k about. What should I do? I am way underwater.

This is a tricky situation and it's much more complex than "just holding it".

If you bought wtith your own money then that would have been my advice to you. Hold it for a while, wait for the consolidation to be over. Or at least hold until the rebound comes and then sell, never sell at the bottom.

But since you've bought BTC on credit, which is a big no for any investment in the first place, the consequences are much greater than losing all your money. You could be losing all your money + interest, potentially even ruining your credit score.

I would recommend waiting until price is at least in the $7-9k's again, which I think has a decent chance of happening. Sell your holdings then. Or even sell now if you're really anxious. Make up the rest of the borrowed money with your own savings, take the big L and learn the lesson.

It's not what I'm doing since I didn't buy my share of BTC on credit, but markets are volatile atm and I don't think that an investment on credit that has an unknown amount of time before it booms again is a good idea...
3972  Economy / Scam Accusations / Re: Goose20 outstanding Loan on: February 06, 2018, 09:02:58 AM
Just my 2 cents:

The original agreement was that you owed zazarb in bitcoin value and nowhere does it say that fiat was going to be involved, or the fact that repayment amount can be reduced due to the fact that fiat repayment amounts will be used if bitcoin goes up too much.

Goose20 fails repayments on time many many times, whilst I think that it's trustworthy behaviour that he had the audacity to respond to this scam accusation and not run away, you're still at fault here at least in my opinion. Especially if all this was as a result of a late repayment to begin with on your part.

If zazarb just held his bitcoin, he would have made a lot more than what he's gotten for you atm. So right now, he is definitely taking a loss.

Consider this - if you take out a loan from a lender, and you're required by the lender to repay more than you originally agreed with because bitcoin went down, even though it says clearly in the contract that you would pay x amount of bitcoins, would you be happy?

Hi magneto,

Thanks for your 2 cents.

Just to clarify, there were no missed repayments. Things were always communicated with zazarb and initially things were agreed, as in agreed that I'd make the interest payment and roll over the principal. It was only months later and after btc price spiked substantially that it became impossible for me to keep making payments. Remember btc was up 10x - 20x last year. But at every time, i communicated things with zazarb.

My stance is i accept i haven't repaid in full. But not because of scammy or dishonesty, but by the 10x increase.

If you were in my position, after repaying 0.455btc and $1830 and after repaying 5.93btc of only 5.745btc received, would you pay another $3k - $10k towards an original  $750 loan?  If you would, i respect your virtue and romanticism that 1btc is 1btc. But for mine, the reality is everything to do with btc is referred back to fiat. We are no where near a point where things are referenced in btc alone.

I think it fair that if someone takes the time to post in this thread, no matter which way the thinking, that they state what they would do in my situation - considering the full context of things. I truly believe any fair and reasonable person would see that this is not a scam attempt. Zazarb is ahead overall in all our deals over the past 2-3 years. He knows me as an honest person which is why he lent me that much btc with no collateral. So did several other lenders - my feedback and reputation is solid.

Cheers

If the definition of "scamming" was someone not fulfilling contract terms, then that is exactly what you're doing here. But tbh I wouldn't call you a scammer yet. You're still in contact with the lender, which is the least you can do.

I said you missed the original repayment date, and extended the loan. If you paid the BTC as agreed, last year in March, then none of this would have happened. By requesting extensions you're acknowledging that the volatility of bitcoin is taken into account for.

This is a bitcoin forum for a reason. I don't think that it's fair to say that everyone keeps referring back to fiat in terms of bitcoin. You shouldn't have taken out the loan if you couldn't deal with the volatility of it. Plus, isn't margin trading all about volatility of bitcoin/altcoins anyways?

Repay the loan. I think that your reputation is on the line here, and with BTC price being at basically its lowest since like 4 months, you should be getting a good discount already if you do keep everything in fiat instead of BTC. Unless of course you negotiate with zazarb something.
3973  Economy / Exchanges / Re: Creating New Coinbase Account Question? on: February 06, 2018, 07:53:52 AM
Hi there.  Yes that is what they told me.  They said they would close my old account.  However im not sure 100 percent as well what if they say you broke the TOS even though a coinbase rep said that is what i should do.

Their support represents them. And in any case I doubt that coinbase will be this anal about this. So many people have lost their 2fa that they probably have a standard procedure for it already, so it's not just you even in the event of them accusing you of breaking the Tos.

If you're really unsure, then dig out the Tos, find any clauses that you may be in violation of, and ask support directly.

But as far as i know, there is no harm here. You're not going to even have two cacounts because before your second account is opened your old one will be closed. And plus, the second account isn't opened by you. And furthermore, there's thousands of people that have multiple coinbase accounts without issues., that they have deliberately opened themselves.
3974  Economy / Lending / Re: Need loan in USD. (1000$) on: February 06, 2018, 07:49:19 AM
As it's said on the topic I need a loan of USD in bitcoins.

Amount needed: 1000 $.
Interest: 10$ each day till repaid.
Max days: 18 Days.
Reason: Trading purpose.
Collateral: None.
BTC Address: 15o5KSW9CVJLFUp9gcx7Yu2RTPjNsAKw5S

Rates will be calc at preev " preev.com ".

And If I take the loan for full 18 Days then I will include a bonus of 20$.
I can sign the message from it if necessary.

If you are able to provide collateral in the form of bitcoin or any other altcoin, with the value of the collateral being 130% to 150%  of the loan amount then I'd be able to fill this loan request. The bitcoin collateral isn't "useless" by any means, since the loan is actually is in USD, and we're just using BTC as a payment processor in this case.

Also, I'd like to have a clause where the minimum loan period is 5 days, because otherwise just getting 1% interest won't cover any fees on my end.

Let me know if you would like to move forward with this. I'm usually online and you can reach me via PM.
3975  Economy / Exchanges / Re: The Houbi Cryptocurrency does not refund deposits on: February 05, 2018, 09:19:52 AM
I send USDT coins to my deposit address on Houbi. Not the BTC.
And this is my baseline photo.
My deposit was not credited after I deposited twice totaling 110 USDT




Both of the times that you sent the USDT, you failed to meet the minimum requirements for deposits. Before you executed your second deposit attempt, you should have definitely contacted support to first clarify whether or not you'll be able to get your funds credited.

They should be able to credit your funds, since the policy of most exchanges is that once your address is filled up to the minimum deposit, they will be able to credit your account no matter how many inputs there are.

But in the end, the right to make the decision is on their hands. Try to negotiate with them, but you're the one that is failing to read that the min. is 100 USDT, and it's technically not their fault even if morally they should refund you.
3976  Economy / Exchanges / Re: Withdrawing BTC From Gambling Sites Directly Into Bittrex/Binance an Issue? on: February 05, 2018, 09:08:27 AM
Hey all got a question. I read that people say you should never withdraw btc from a gambling site directly into coinbase. Such as if you have btc in coinbase and want to deposit it into a gambling sites, always use a bitcoin wallet or blockchain right?


Also the opposite holds true such as if you withdraw btc from a gambling site, always, give them your bitcoin wallet address... then you send the btc to coinbase. First off, that is still true right? And when people talk about coinbase banning their accounts, which way is it usually because of? Going from coinbase to gambling site or gambling site to coinbase?


Now i just thought about something else. When i withdraw btc from gambling sites, i would have them send it to my bitcoin wallet etc. Then if i want to send the btc to say an exchange like bittrex, i would then send the btc from my bitcoin wallet to bittrex. Does anyone know if there are any issues if you withdraw btc from a gambling website and the btc address you give them is bittrex or say binance? Or the other way around such as i have btc in bittrex or say binance... i send it directly to a gambling site without using my bitcoin wallet as an intermediary? I ask this because if i could do it that way, well i dont have to wait for the btc to be received on my bitcoin wallet... then it takes a while to send the btc to bittrex or say binance.  Thus not only do i save fees, well i don't have to go from gambling site to my btc wallet and then to bittrex/binance.
There is always a chance that the site will track your payments, and the chance will grow larger as you accumulate more gambling/dice related inputs into your wallet. I've heard people that have gotten their accounts suspended by coinbase because they had received gambling funds from it.

So even though this may not apply to you, and I have definitely tried this myself without any consequences apparently, you should always make sure that either losing your coinbase account won't be an issue, or that you tumble your coins before getting it into coinbase.

I'm not sure about Binance. Usually, you're not going to have a problem. There's that 0.1% chance that you may that you just have to prepare for.

Sending from your wallet won't be an issue though, because you could eb sending to a random address that you got off someone.
3977  Economy / Exchanges / Re: Exchanges where I can store USD / Euro without being verified? on: February 05, 2018, 08:51:21 AM
Isn't tether the only option for this?  Like someone mentioned... it seems having usd or usdt is a way to buy the dips.  Because if you have btc... well even the altcoin you want to buy dips... so does btc.

Also is the usdt on bittrex the same as on bitfinex or there is something im missing here?

Nope. You can literally store USD/EUR on 70-80%% of the fiat exchanges out there. They don't mind that but you will not be able to withdraw or deposit any, you are only able to trade it to other cryptos or get it from trading other cryptos.

e.g., kraken, bitfinex, are the two major exchanges that do this.

Of course though if you stored money on bitfinex it'll pretty much be the same as storing USDT, since Bitfinex is operating USDT in the first place.

There are also other "pegged" cryptos such as nubits, or bitusd. But their values tend to fluctuate wildly.
3978  Economy / Exchanges / Re: Creating New Coinbase Account Question? on: February 05, 2018, 08:40:49 AM
I have an old coinbase account that i got verified a long time ago.  However, i don't have the google authenticator anymore as my old phone does not work anymore with it.  I also do not have that phrase etc.

I told coinbase my issue with this.  Then i went and clicked on no longer have my 2FA device.  When i go to that page and enter my information, i get an error message.  Coinbase then tells me because of this error which is common, i have to create a brand new coinbase account.  They said once i do that, i submitt my verification documents, then i can start using them.  They also said they would close my old coinbase account.  First off, has anyone here created a second coinbase account due to this issue?  They told me its no problem at all.  Of course i dont want an issue later on if they said only one coinbase account allowed etc.  They said they would close the old one once i create the new one etc.

Thanks.

If they clearly told you that you should be opening a new account, then do it. Save the emails and screenshot them, basically archive them so in case that anything goes wrong in the future, you've got proof that they told you this information.

Plus, if your old account was going to get closed anyways, I just don't see a problem. Nothing is going to overlap, etc.

The only problem that you may have would be the banks that you may have linked your account to, which apparently have started to crack down on some crypto exchange transactions. But that's not going to be related to opening a new account in any way.
3979  Economy / Scam Accusations / Re: Goose20 outstanding Loan on: February 05, 2018, 08:34:52 AM
Just my 2 cents:

The original agreement was that you owed zazarb in bitcoin value and nowhere does it say that fiat was going to be involved, or the fact that repayment amount can be reduced due to the fact that fiat repayment amounts will be used if bitcoin goes up too much.

Goose20 fails repayments on time many many times, whilst I think that it's trustworthy behaviour that he had the audacity to respond to this scam accusation and not run away, you're still at fault here at least in my opinion. Especially if all this was as a result of a late repayment to begin with on your part.

If zazarb just held his bitcoin, he would have made a lot more than what he's gotten for you atm. So right now, he is definitely taking a loss.

Consider this - if you take out a loan from a lender, and you're required by the lender to repay more than you originally agreed with because bitcoin went down, even though it says clearly in the contract that you would pay x amount of bitcoins, would you be happy?
3980  Economy / Exchanges / Re: Is IDEX a safe exchange to use. They have an option that asks for private keys. on: February 05, 2018, 08:23:35 AM
Not really sure why they have that option. Its like giving the keys to the house to a stranger.



Apparently they are a decentralized ethereum asset exchange, which I have had no experience with.

But if any site tries to get you to give them your private keys, for whatever reason, even if it's for signing a smart contract, it's probably best to avoid them or at least try to find the best alternative that has a longer track record.

For example, Etherdelta seems to be widely used and probably the most popular decentralized exchange without much complaints and concern about security.

Even if you were to trade on Idex, make sure you use a disposable address so that you don't reveal the private key of the wallet that you usually send and receive funds on.
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