Bitcoin is the most trusted cryptocurrency. It is the first. It has the most community support and a proven track record of being a good investment, all leading to investors being most interested in bitcoin than any other coin.

however recently this trend has been broken with bitcoin dominance index coming down really quickly at times and it's currently floating around 40%, which is unnaturally low. In my opinion, bitcoin's status is unmatched in the cryptocurrency scene. Bitcoin did not raise any funding, and the majority of altcoins did.

There are a lot more local traders for bitcoin compared to altcoins as well. There is literally nobody trading Ethereum for cash, but a whole lot of people trading bitcoin for cash for a living.

Well, unforutnately it seems like you have bene hacked/victim of a clipboard attack. Your wallet is really only as secure as your computer is, next time you have learned a lesson - make sure that you have a clean, secure environment before you send any coins anywhere. Thankfully it wasn't that big of an amount.

As to why the hacker decided to leave 0.0003 BTC ish in his address, i have a possible explanation. It is likely that he has done that to avoid paying blockchain fees, as if he had another input than the coin he scammed from you it would have actually increased the transaction fee by more than 0.0003 BTC, thus making it not very worth it for him. Though why he cared about such dust amounts? I don't know. Maybe he just entered a random amount close to the amount he scammed from you and the wallet software automatically assigned the chunk of coin to be used. Either way, it's not very important. It's not a change address of yours, because it's been used 100+ times in the past.

Same here. I saw c-cex increase their fees. It doesn't seem to be an isolated event at all.

I think maybe it's got something to do with OKPay getting bought out by Moneypolo. And OKPay obviously is a big part of the currency exchange biz, even if you are using perfectmoney you could well be dealing with OKPay along the way.

Now they have asked every single user to verify themselves to continue using their services, otherwise their balance will remain locked. This has resulted in a lot of exchanges OKPay payment option being either stopped or defunct, or a bigger fee is added because of the possibility of chargebacks. I can only imagine that PM fees are increased alongside OKPay's.

My question is, is the bolded part of their response true?

If yes then this is technically your fault. They could have just attempted to send the transaction and said that they've paid you but instead they have gone to the lengths of helping you out. If what they said is true, then you really have no right to complain here.

I've used coinsbank back when it was Bit-x and never had issues. Transacting at least a couple of bitcoins on there without problems. I can assure you that they aren't doing this on purpose, they spent like 50 BTC at the least promoting their site at the beginning.

Thanks for sharing the article.

Anything is possible. 1 billion dollars per bitcoin is just an arbitrary number. Remember how Zimbabwe's inflation crisis hit them real hard a few years back and they had cash that were up to 100 trillion dollars in value, but back in 1980s or 1970s their Zim dollar was actually worth twice the value of a US Dollar? That's what centralized economics can do to a nation - totally devastating.

Considering that hyperinflation seems to be inevitable, and it's just a matter of time, bitcoin will be seen as a hedge against that. Once it happens bitcoin's price will keep pace with the inflation and 1 billion per bitcoin could be an underestimate if the hyperinflation goes over the roof.

That guy pretty much hates bitcoin but seems to think that new coins distributed in the form of ICOs is the future of cryptocurrencies. He even invested in one himself or at least have announced a plan to do so. I don't know his reasoning behind this but he is DEAD WRONG.

If bitcoin does not take off then no other altcoin will. Because bitcoin is the face of cryptocurrencies, and the most decentralized out of all the cryptocurrencies. All the other altcoins have some sort of founder that is actively controlling everything but bitcoin's founder have left long ago.

It's at his loss though, i don't know why he would be so stupid yet have billions of dollars and several successful businesses.

Could i suggest something?

Please post the offers via PM publicly so that we know you're not BSing and just trying to get peple to offer more. Blocking out the person's username is fine, but show the content and the rank of the user so that we know it's not a bogus offer.

Also maybe you should transfer the ownership of the domain to the escrow right now, so that if the last offer you receive is not what you expected you can't just say that the sale has ended. Thanks

Cloud mining could be profitable potentially if you own say a bitcoin oriented youtube channel and you are able to sell this product with your affiliate link to other interested users. You'll get a percentage off each sale.

Though if you're going to do this, then there is really no difference between this and just becoming an affiliate for something else, which is probably going to be more worthwhile and pay a lot more than this.

But if you are just looking to purchase hashpower, then good idea to step away. It could seem like a good idea with all the people on youtube trying to convince you that it's great and all that, but with the rising difficulty it just isn't a long term investment or a short term investment... It's not an investment, or at least a profitable one. You're guaranteed to have no profit.

1. I do not think that volatility of bitcoin is a particularly big concern. In fact even in uncertain times like right now, bitcoin has barely moved. It's hanging around $2500ish quite nicely at the moment, no major fluctuations happening.
2. Volatility will not be an issue as soon as mass adoption happens, right now speculators far outweigh regular economic activies conducted on bitcoin, but as soon as this swings the other way around volatility will be solved by itself.
3. Any measures of artificially reducing or increasing the price of a commodity or currency involves a central entity, and bitcoin doesn't and shouldn't have one. Some altcoins do have stability funds, but imo thats just another excuse for the founders to premine coins. I believe nautiluscoin is an example.

Your coins are only as safe as your computer, unfortunately.

This is the reason why you should not use Chipmixer whilst on public wifi, a public computer, or using an outdated laptop with no trustorthy antivirus on that machine. You're dealing with unencrypted private keys here, which means that anyone can import it anywhere, whenever they want without typing a password of some sort.

Therefore, it is logicla to sweep the keys as soon as you get them because you don't know who has access to these private keys. Chipmixer probably doesn't have any intentions to scam anyone, but after all they at least dealt with it once and if someone within their team got hold of sensitive information or a hack happens, then you're screwed. If you run everything safely though you'll find the mixing experience safe and enjoyable.

Can you please show us some screenshots of your correspondence or the lack thereof? So that we can confirm that you're telling everything truthfully etc, you're not doing anything wrong and things along the lines of that.

I find it particularly odd that they closed your ticket without answering. I've used them for as long as they have existed, in fact they have given away so many litecoins in their launch that scamming a small amount from a nobody would be an extremely bad business decision to make.

Try to PM them on forum, like others have suggested. They are quite active here.

Truts me man, bitcoin will never go near 0 even if a hard fork was to be initiated, and it might not even happen after all the hype. I remember back in April everyone was already panicking about the fork, and people said it was going to happen this week or the next. But it hasn't happened yet.

I mean it all ultimately depends on what you're comfortable with. If you simply cannot afford to lose the money that is in bitcoin right now and want to liquidate it for cash, then go for selling before the fork. Price is still decent, even though it is 15% down. What i would do is though, sell 30% and hold 70%. I suspect that before the fork there will be panic, and people will be dumping a lot of their coins. So then you can use your 30% to bring down your average entry point.

And 45 btc is a lot, make sure you store it safely. If you hold your own private keys then you'll end up with tokens on both blockchains, meaning that the actual value of yoru coins probably wont change much even after the fork.

You should probably move this fist to Service Discussion -> Web wallets.

fees are not different, because both of these wallets you control your own private keys with, and the miners fee is not charged by the compaines themselves but rather by the bitcoin network. If you are not online at the time of receiving bitcoin, then as soon as you do come online it'll be readily available on your wallet, no matter blockchain.info or trezor.

Trezors are obviously more expensive but it's designed for if you have more than say 10 bitcoins. If you have less, go with blockchain.info. It's free, although it's only as secure as your pc, whilst trezor has extra protection like having to press physical keys to confirm transactions.

Regulate =/= legalize.

this is a similar law that the Indian government has announced recently, and people said that they were going to legalize bitcoin when really it's just putting up more restrictions for the bitcoin traders out there.

Now, is this really good news? Probably not. As we all know, korean exchanges have historically been overpriced. Reason being very tight capital control, if this was to regulated any further then bitcoin in korea is going to be even more expensive, and noobdy can buy it without taking an instantaneous loss.


Thanks, i find that a lot more accurate.

Uh, did you open a dispute for unauthorised transaction? If yes then it is probably not going to rule in your favour, because paypal is going to look into your logs and see that the IP addresses haven't changed, location haven't changed etc.


Only if your transaction was unauthorised, then you have 60 days i think to charge back. But then, if the transaction was indeed sent by you and as friends and family then pretty sure you can't charge it back, or at least that's how paypal says it. There is always a risk as a seller though, no matter what. Hacked accounts are common af with pp.

Source: http://www.cnbc.com/2017/07/03/goldman-sachs-says-bitcoin-could-rise-another-50-percent.html

So yeah, this is pretty legit news.

I'm not sure how they got the figure of $3,915. All they said was that their chart analyst said so. They also said though that bitcoin will plunge first, i guess this is possible if the fork happens to go wrong, but imo we won't see any major dumps, at least none that will drive the price down below $2000 level.

Its funny though, because this is the same bank that caused a lot of damage during the 2008 financial crisis, and now they're covering positive bitcoin news. Maybe central bankers are getting a bit nervous up there?

Don't think anyone mentioned who created the site: https://bitcointalk.org/index.php?action=profile;u=67018

Surprise surprise Dr. Michael Moriarity

Do your research before you entrust any sum of coin to anyone. In this case, the scammer was tagged long before Torwallet as an experienced conman. And he didn't even hide under any alts, he used his main account which everyone can check... Come on guys its not hard.


Whole point of bitcoin is supposed to be trustless and decentralized, so exactly, why would you trust someone to hold your coins for you? Not only does it mean that your privacy on the TOR network is negatively affected you're also not holding your own priv keys anymore, which means that you don't hold the coins.

---

Moriartybitcoin aka Hotswap has also operated coinmixer, another scam. Read here: https://bitcointalk.org/index.php?topic=1713882.msg17169862#msg17169862

Investigation of his alts: https://bitcointalk.org/index.php?topic=1159906

GL tracking him down, though it's extremely unlikely that you'll succeed. But in the end, karma will get him.

Whether a drug is legal or not is up to the government to decide.

Personally i think that there is no point of outlawing any drug... At least the worst that can happen is that you kill yourself, that's all. maybe we should have illegal and legal firearms as well then???

Weed is way less harmful than tobacco, yet governments need tobacco to survive somewhat because it's a main revenue stream for them. And to classify weed as recreational and medical is just even more ridiculous...

Precisely. If you are depositing money into banks, it might seem like a good deal at first. You're like wow, you're getting 2-3% a year by doing nothing, and if i get enough money deposited into that account then you're able to basically live off interest alone, right? But no, prices of goods around you are going up faster than you're getting in interest, therefore depositing moeny into banks is essentially pointless in a business point of view.

The main reason why all this is such a big issue though is fractional reserve - banks make "bank" off getting deposits, generating more cashflow than you deposited because of this fractional reserve scheme, and essentially lending $3 when they only received a $1 deposit.

And also, centralized means of money remittance means that you're accepting any frozen accounts that occur, especially when using bitcoin on a daily basis. It's not rare that bitcoin trader's bank accounts get suspended. With bitcoin, you get rid of the fractional reserve, you get rid of the banks taking all the profits, and best of all - you don't need to deal with frozen accounts anymore, nor do you need to deal with stolen credit cards as a business owner.

The safest, and in my opinion probably the smartest decision would be sell now.

If you bought in pre-halving then you would have quadrupled your investment or even more in some cases in a short timespan of a year. So even though you missed out on the ATH as an opportunity to sell, you're still getting a decent amount now.

I'd expect pre-UASF a week or so the price will drop dramatically as a result of people panic selling. So therefore, if you're in bitcoin for the long run, then you should sell now, and buy when the price dips down pre-1 August.

I have a feeling though that we'll see another pump, hopefully breaking $3000. There has been much sideways movements the past few days, probably meaning that we're retesting 3k.