It is not worthy to use them. You would win only a dust amount saving them from the fees being paid by XAPO as an online web wallet provider but on the other side you risk your account to get blocked for different reasons and your bitcoins to remain locked there forever. It has happened to many people here in the forum so it is better to pay the fees and have a wallet which you are in control of everything.
yah youre right, better prioritize your bitcoins security in every situation. although i think only newbies will take advantage on this no miner fees thing that xapo offers when you send a xapo to xapo transaction besides most newbies use online wallets. the situation is different now, with the high miner fees no wallet provider will shoulder any transactions fees of their users. both xapo and coinbase offers that back then but they stopped. right now only internal transactions are with no miner fee. and i think with xapos increasing bad reputation, the time will come when it'll stoop to coinbase level |
|
|
|
Hm, as i know a lot of ICO projects, if project pay a lot of coins to bountyhunters, i mean 3%+ from total sup - this is not good for initial price on exchange, because MM's and big investors don't wanna pump it if project have a lot of "free coins". But DIMcoin pay for signature - in BTC, so they haven't this problem, i think.
they are paying bitcoins in signature campaign but from the op they are paying dimcoins on their translation and social media bounty which includes fb, twitter and youtube in addition to that they are all high paying including the sig camp which proves that this campaign is fully budgeted. and you guys are panicking too much if it gets listed on various markets assumngly the big ones as they have promise it, the investors are not the only one who will move the market, there will be the regular traders there. imo its okay to start as low. |
|
|
|
Who even told you ico are scams they are 2 types of ico one is legit ico where they actually raise millions and other one is when they are able to raise only some thousands but they show it as millions without any proof. ICO surely have no business model i totally agree with you but if you see any successful ico who listed their coins on exchange people normally sold their coins 2-5 times the price than initial ico which is all that matters for most of investors.
Legit looking projects can easily turn into scams. They be legit at the beginning then scam people. Check populous, polybius, onplace, and some others, you'll see what I mean. in the first place op did not state that every ico are scams, theres the word most on it which indicates that the greater part of it tend to be as scams but obviously not all of them there are certainly legit and successful ones. but yeah legit looking doesn't mean its legit and even if it collected million funds doesn't also mean its legit so if you're gonna invest. don't invest an amount you can't afford to lose. bottomline is there is no way to find out if the compaign will be successful but if its legit and the devs are serious there is a way. if they are transparent e.g. show the faces of their team, transaprent addresses etc. but some are also hiding it for privacy and security. |
|
|
|
|
when you say media, you mean news right? i think it can be profitable as long as you can established a good reputation. most news this days are full of misleading articles so try
to only post facts, hire better writters. cryptocurrency is news driven so a source with legit articles is great. i'm sure everyone has a list of legit sites to look at infos on their
mind. its a good idea but its not unique enough, you have to think of something beyond that if you want it to be popular and compete with others. i think you should add more
information in this like how will you get profits? Ads? is this going to be ico?
|
|
|
|
Starting to hurt? That's probably only the first symptom, I'm at the 3rd stage probably where I'm getting the urge to hurt somebody else's head. And this because sometimes they have no shame at all, not even trying to hide it , joining the same campaign with multiple accounts and driving the rest of the people here nuts, like those two (or one in fact) https://s3.postimg.org/jlqbqfq3n/asiw_HT.pngIf you see an obvious spammer like that one PM him to hilariousandco. Somebody should also PM his campaign manager to hold his payment. With one account, yeah, I don't see it working in my country as what I make here is just to pay some of the bills.
But if you throw multiple accounts posting 1 post at 2 minute, well ,you might make a living in Eastern Europe too.
If you go crazy with account farming, you can make a lot of money. Much more than Eastern European standards call for. Let's do some fun math. If I had the time and 4 hero/legendary accounts in a campaign like Bitmixer, Chip Mixer or any other that pays above 0.0007, and managed to make more than 30 posts per week with an account, that would add up to 120p per week. I'd get 0,33 per month, about $930, which is very close to a minimum wage in Europe. Not Eastern Europe, more like in Germany or Italy. I highly discourage account farming. Due to the reason that I don't want this forum to be abused and might stop offering campaigns. This forum should not be used for earning and making a living out of it. This forum is created to be a place for a healthy and positive discussion about bitcoin. The bitcoins that you can get from participating in campaigns should only be considered as a bonus or incentive, you should not be dependent from the bitcoin that you can earn from it. I agree that spammers and abusers should be reported and dealt with as fast as possible. They are making this forum like a cow and continually abuse it by milking it, all they think about is their personal gains. To answer the subject of this thread, I agree with some of the previous posts in this thread, wherein they mentioned that making a living from signature campaigns depends on where or what country you reside or live in. But from the country I am from, the minimum wage here is fair, and people survive with that amount of wage, and I think that if you have a high ranking account in this forum and you live in my country, you can survive but you will not be able to live a happy life, because what you can get here is really just enough to feed yourself in this country. You will not have savings, or extra money to spend for entertainment purposes. Its okay to actually use it for earning or if you actually can, making a living out of it as long as you're not abusing it like what you've said. people will always take advantage of something if they saw an opportunity so its kind of inevitable thats why people on this forum are helping to reduce spammers as the spammers are degrading it. if you've read threads about the busted people with multiple accounts, the signs are very easy to tell, the most common is when they are using same address for every campaign and once they tagged you its all over. i believe even four accounts are hard to manage because you have to make sure they'll look like a different person because if you're cheating boldly like what the guy mentioned above you'll be busted in no time. and most high paying campaigns are getting stricter every month. just a reminder that you can't post every 2 minutes because that is considered as burst posting, most campaigns usually the high paying ones don't allow it, youll be in SMAS with no pay lol. |
|
|
|
Thanks. Why would coinbase close my account for doing so? Is it against their TOS to do so?
Regarding small amounts, I think we need to clarify what is small. So, I will probably send 4-5 XBT to this wallet in one transaction and maybe send out from wallet 20-30 smaller 0.2-0.4 XBT transactions every day. Would this be OK with coinbase?
If not, what is the best wallet recommended for optimizing the send out fees?
It doesn't have to be against their TOS. This guy is saying that they can close your account if they want, and your Bitcoins will be lost because you don't have any control over them. That's the reason number one on why you shouldn't use Coinbase or other web wallet. It's not worth and they can get hacked/closed anytime. Spammers will tell you to use a web wallet, but you should download an offline wallet like Electrum and store your coins there. That's the only right option. As I stated earlier, my question was referring to fees and not security of wallets. Obviously, security is very important but my question was referring to the fees. I keep most of my bitcoins in cold storage but need a wallet where I can send a bitcoin amount that I can use to pay to several other wallets with the lowest possible fee. in that case i can give you three options number one is to use electrum like what they said its a desktop wallet but it allows you to send bitcoins to several addresses which should lowe the fees as it is batched. you can also edit the fees by yourself just make sure you know well about the right fees to be set otherwise your transaction might get stucked. number two, if its just a one time and you're not going to store there your bitcoin for a long time. you can use poloniex. for every withdrawals you only need to pay 10K sats because they are doing batch transactions on users who wants to withdraw at the given time. the down side is you have to enter only one address per withdrawal so if you will send on 10 adrresses you have to enter it and withdraw 10 times. just be careful since i haven't done it, they might notice you since you're withdrawing several times. number three, although i haven't use it i heard viabtc accelerator service confirms every transaction that have a fee of 10,000 sats for every kb. make sure you have a wallet that lets you see the transaction size before sending it like electrum,bitcoin core |
|
|
|
My biggest problem in trading is that I was too brave to buy altcoin at a high price, and because of that I often lost my btc, even once I lost 50% of my btc when I bought altcoin at a price far above ICO.
So please give me feedback on this, what should I do?
If you want to learn different trading techniques and trading strategy just watch many videos in the youtube. There are a lot of information in the youtube and for sure you can learn a lot from it. youtube is a great source but when it comes to trading its slowly getting overwhelmed by fuds/hypes. i think you shouldn't trust anyone who specifically gives a coin to buy or that has a great future etc. because its certainly another way to pump or dump it. trust someone who gives guidelines and strategies. and when it comes to that articles are a great source when i was a newbie i was like op who jumps at pumps but now now because i've learned my lesson not to but if i'm gonna jump i'd make sure that i get out immediately after getting a profit obviously. and for ico's just pick the right coin with a good concept and devs but if you just can't pick the right one, maybe you should stop. |
|
|
|
We anxiously waiting for devs to get the coin listed on an exchange but i do not think listing the coin on either yobit or liqui could give the project a bad name if its community have seen it to be credible project. Lets wait for Q4 to see what happens
Anxiously waiting? this is something that happens and why all ICOs are labelled as scams and easy way to make money because its all about getting it listed on the exchange site and no one cares any longer whether the money raised for the project is even used for the purpose it was meant. We get it listed so we trade, those who will dump will do and for a growing project, the fall in price might even lead to abandonment in the long run. nah, ico's are typically labelled as scams because of its devs, after the dump of a certain altcoin most devs are nowhere to be found in short running away and not fulfilling whats in their whitepaper is the action that leads to that label. as long as the devs don't abandon a certain project people have no right to call it as a scam just because they didn't get the profit that they'd wanted. Although i think this project will perform well once its on various exchanges because there are many things aside from altcoin to trade it with. well if you search for a review on yobit and liqui for various reasons they don't have a good reputation maybe because of the fake pumps on there? i prefer to trade on trusted sites with bigger volumes but i think its still a good idea to list them however they should focus on the bigger markets where the whales resides. |
|
|
|
hello!
according my vision bitcoin is in high price assimilate last years , and there is many alt-coin still profitable more than bitcoin like ETH an LTC
so could we say bitcoins overrated for investing ? if not ,what was the best price for investing ?
are alt-coin better than btc in trading ? why ?
i create this topics to get your advices to start my own investissement ! thanks for replying
yes a bit overrated but somewhat its profitable above all alts , best invest if theres a dump of course haha between 2300-2600 is a good time to buy some btc , of course alt is better for investing if you have small amount if money to invest , i will probably going invest on ripple and antshare if i got money tho although for the past years people are stating exaggerated statements like it'll take over our fiat system etc. i believe its not overrated because of hype/FUD but because it is the one who reigns as number one among all cryptocurrencies. with the right strategy you can get decent profits on bitcoin and other altcoins, the difference is bitcoins seems to have the least risk among all of them thats why some people feels safe on putting a lot of their money on it. if you ask me on whats better, it depends on your capital when it comes to trading. but when it comes to holding, as long as its one of the stable altcoins its good. see the records on coinmarket cap |
|
|
|
|
Spending too much time on trading is not that bad as long as you are doing your responsibilities constantly e.g. eating, cleaning, taking a bath etc., if yes it is a good thing actually
as experience always counts however that will be futile if your relying on your emotions too much and what worse is youre not learning the lesson on it. in your situation op, i
suggest that until you can't control your emotions, stop trading because you'll lose a lot.
|
|
|
|
Depends on the perspective for example now is a lost but if you are patient the market will fluctuate and you will have profits.
It is like saving your best card and reveal it when opportunity shows itself. Holding now is a gamble, and it is always a part of trading. Just be patient and don't give up easily. Holding and being patient all these are all only recommended with bitcoin trading definitely not with any other altcoin. As of now, holding bitcoins to recover losses must be the easiest way of trading rather than struggling with unpredictable volatility of market movements. Bitcoin prices are speculated to have huge price levels in near future hence holding them will get anyone big profits Recovering losses by holding is highly suggested one for those who are in losses due to improper trading. I agree on almost all claims exept on altcoins. holding bitcoin is a great choice indeed and its less risky compared to trading. if you don't really need much profit go for hold. but if you want bigger profits go for trading altcoins. holding bitcoin requires a long time frame now if you also trade altcoins it can be higher than that as trading doesn't require long time frames in most cases. its just that yah the risks are higher than holding bitcoin. high volatility depends on how you view it, to some it can be a disadvantage and it can be an opportunity watch and observe the markets of altcoins, don't forget where bitcoin begun. as of now i can say that we have many promising altcoins some of them are getting more stable and bitcoin dominance is slowly decreasing every year. all i can say is this crypto world is unpredictable so be open minded as always. |
|
|
|
UPDATE:
Bittrex just enabled wallets again and increased confirmation time for deposits, just like every other exchange.
Great they changed their mind because its still to early to freeze the withdrawals and deposits however since change is coming we will certainly come to that. what i'm intrigued is how come op doesn't know about the announcement of bittrex which he state in the op?. if other exchanges comes to that they should make their announcement mandatory to read for all users like a pop-up when you log-in or something like the news part in this forum. So better wait and watch, and most importantly say no to trading for few days.  its still okay to trade lol. what you should take extra precaution is depositing and withdrawing which should have 5times more confirmation than usual for it to be trusted. if you're gonna trade deposit as soon as possible but certainly don't keep btc's on exchanges. |
|
|
|
Dividing your capital into 5 or higher altcoins is also a good idea to minimize risks but in my opinion $500 is already a good amount for short trades. the risk on it will also be minimized as you'll be only waiting for +5, 10, or 20 sats on your bought price. just make sure the coin is in demand-- has a lot of buy and sell orders and huge volume. ex. $500= .18 btc atm you bought 180,000 of coin x for 100 sats each so the total will be 18000000 sats (.18) then wait for the coin to increase 10 sats after that sell it. Your profit will be .018 because 19800000sats minus 18000000 sats Do that everyday and you'll make decent profit also use this chart: https://coinmarketcap.com/ |
|
|
|
Maybe with trading would have hope to earn a good income and have no binding rules.
Trading is good to earn but I don't think that it will be a steady income, because trading is also risky like gambling but if I would choose gambling or trading , well, I will still choose trading, but it will takes a long time before we achieve our target here and there will be no stable income in trading. Trading the best way to get bitcoin results. But there are times when we have to wait even a week for the coin we have bought for sale. We have to think about it more. Do not just think profit. You can actually have a steady income on trading as long as you have a huge capital you can do short trades making your trades less risky than usual. its basically buying with massive amount of a certain altcoin. picking a coins is not also difficult as long as it has a huge volume and buy and sell orders, its good. the down side is your account must be verified if the amount you'll depositing exeeds the limit. if you're like me who doesn't have that much capital obviously having a stable income on trading is just a dream. |
|
|
|
$3,000 needs to be achieved first, and right now I am seeing a lot of resistance at $2,800-3,000. A lot of people who purchased Bitcoins at the recent dips are going to dump them at these levels. So it is going to take some time for BTC to cross the $3,000 mark. I don't know whether this is going to happen before August 1, but if it happens, then $4,000 is going to be quick.
but a lot of people might also be holding because of the bip 91. the recent dump is because of the potential split now if it's gone and segwitx2 successfully activates then we can certainly see $3000 on august or even higher because its segwit!!!. the split happening is considered impossible now i believe that the $3000 mark will not take to much time arise. Regarding on $4K happening by the end of october is somewhat a 50-50 chance to me it depends on how segwit will affect. i think the chances of it happenning by the end of 2017 or on the first month of 2018 is significantly higher. |
|
|
|
We saw enormous grows the last years in the cryptoworld.
The marketcap was exploding the last years.
Because the fast growth, I expect the cryptoworld to slow down.
Look at the marketcap the last month/weeks, Its almost a pump and dump system these days.
Instead of people holding on to the coins they have and let the cryptoworld grow healthy, develop further and get more adopted by countries etc.
No, people get scared the moment the market cap gets to high and instant sell with little profit.
If this trend keeps going, I feel the cryptoworld going nowhere the coming 2 years.
This market is very very sensitive, were talking about a big future here.
Yet people want to make quick bucks and keep on pump and dumping.
I have no doubt in the following 4 years, the cryptoworld is at the 500B cap.
We all want to make money, thats why the most of us are investing anyway. But IMAGINE what the coins you own could be worth in 2020?
Yet trading is a good way to make some bucks, and the experienced cryptotraders know what they are doing.
But for the newcomers this is scary, the moment they see the investment they made go down 5% they sell.
Its just repeating itself the last weeks.
My expectations of btc and eth are bright. Btc reaching the 5K mark at 2020. And eth going 1k.
Altcoins are such a gamble, for now they seem like a good way to make huge profits. But I dont see a real way of them getting used in the long future.
In short: Were at the pump and dump routine now, if we want this world to grow, have faith, let newcomers also gain trust in the cryptocurrency, countries will jump on this currenry the moment its truly developed and not some "gambling" market.
1st of August will either have a positive impact or a negative, I cant really give my expectations, cause at this moment the market is unpredictable.
What are you're thoughts? How you feel the market growing this year?
Its always been and will always be a pump and dump come on thats inevitable on the market. And why would they'd be scared if the market cap is high? isn't it something to be glad about? crypto world going to no where because of high market cap is impossible yes it is sensitive and will always be. thats why its an opportunity right? can't blame them for making quick bucks, anyone would have done the same if they had the money we're still at 95B now. isn't that a little to fast? a huge gap between them i mean i believe my chosen coins price will be higher than it is now Protraders have already gone that path. now if you keep being a weak hand you will always be a noob Experience and knowledge. Read and trade Maybe now you can't see a way but it'll be different in the future because time changes things but if you'd asked me there are many ways |
|
|
|
I think btc crashing and prices going down are different things sometimes. Of course, if btc crashes the prices will inevitably go down. However, they can also go down in other cases like robberies of some big markets or people getting nervous that btc may crash and selling everything because of it. Now bitcoin is nearly $2800 which is totally fine. We can't prevent panic selling in general but we can keep calm ourselves and contribute something into anti-selling this way. As for the crash, the miners have to support the implementation as much as possible and this will help btc to stay the king.
Its basically the same the only difference between them is price crash in economics means a sudden significant drop on price. on the other hand price down/fall means exactly as it sounds regardless the situation as long as there is a decrease it is considered a fall but if its not sudden and significant obviously it won't be considered as a crash. what do you mean anti-selling? selling is a signifcant part of the market if you removed the selling part, the system will fall. Crashes is inevitable and its not always a bad thing sometimes its an opportunity. |
|
|
|
Nothing extra could be done in this matter except creating awareness among the people that bitcoin is further divisible into 8 units called satoshis.So no need to get worried about the high price of bitcoin.Just they could even buy 0.00000001 btc which is one satoshi.Even i faced the same problem with my friends when i introduced them bitcoins.Then i explained them that they could even buy 0.1 btc or 0.01 btc and then they got convinced.
youre right. the rising price of bitcoin is not the problem here but the knowledge and the correct approach is. understand that everyone loves their money so intoducing an unknown to them will be difficult particularly if you yourself doesn't really understand it well. it just results you getting overwhelmed by their questions. which is not a good thing it can leave a bad impression on them. friendly advise, bitcoin is and will never be for the rich only |
|
|
|
There are alternatives to bitcoin, and some of them are very big, like Ethereum or Litecoin. However, no such alternative has matched the value of bitcoin, in terms of market cap. Bitcoin shares much less of the total cryptocurrency cap now than it did a while ago, but I do not think it will be overtaken for some time, if ever.
Forget about ethereum, forget about litecoin, marketcap? People didn't intrigue by those factors, the main thing maybe how valuable and what benefits that people could get from those coins, refers to its price. What I mean is, look at this coin http://coinmarketcap.com/assets/coeval/ > $1208 right now.I didn't notice about it, but yesterday it appeared, out of nowhere, suddenly take the second position of the highest price of cryptocurrencies. It seems that I'm missing something about this coin, FYI : it got 95% increased (pumped) yesterday. Most of the people who didn't intrigued by those factors has a high risk of losing money. you know when a pump happens particularly when a huge one occurs. people are saying that this certain coin-- which pumped is the future of crypto and other exaggerated things but when it dumped, then they'd just said that its done for. many altcoins pumped and reached prices like that or close to that but didn't actually stayed on the top 10 for too long unlike eth and ltc. you're just basing it on its price which is not a good move because 1. Low market cap 2. low volume 3. only have one exchange. If eth and other top alts didn't make any significant competition on bitcoin. i doubt that it will atm. |
|
|
|
If you are doing jobs for Bitcoin you are working. I don't think you need to be employed nowadays. You just need to work! Plenty of people chose to work alone on their own projects and hobbies and were never employed by anyone, so they were technically unemployed all their lives.
I think Bitcoin drives people to Bitcoin, unemployment has nothing to do with it.
well you are contradicting things, if you are working whatever job it is for someone and you are getting paid for it then you're considered as employed regardless if its for long time or short time period. employment is having a paid work now if its just only a work like you've said then you're just working regardless if you're getting paid or not like a voluntary thing where you're just collecting tips/donation from your clients. i think unemployment is also a factor that can make people to go to bitcoin, there are many factors in fact, it can't be just one or two trust me. |
|
|
|
|
Show Posts
