Selling 16$ btc in coinbase for 17.8$ in PayPal only coinbase to coinbase to avoid fee of blockchain
Ill take it. We are both new. I know it is small and stupid but can we do half first then the other half. Ill send first from my paypal, wait for BTC to arrive, then other half.
Can you confirm the BTC balance not dollar value just so we both know what is being transferred.
As a newb we can only PM so many times a day so need to put info in the post. Save PM for paypal and BTC wallet info.
Let me know. Thanks.
Even though it's a small amount it's not unheard of for someone to chargeback on the transaction, and there's really nothing you can do if that happens to you. And bovineplane, if you send first to OP and he doesn't send back the coin, what will you do? I know that the amounts of small, but it's best to make it a habit to not do these types of risky trades unless the other party is really trusted. If needed, i can provide escrow for this transaction. OP can send me his $16 BTC to my coinbase account, bovineplane sends the paypal to the designated paypal account, and if everything goes well i'll release the btc. I will not be using my paypal to handle the funds in any way. Just a suggestion, if needed pm me since i won't be monitoring this thread. |
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I don't see it happening.
Ok, have gotten any analysis to back it up? I'll answer this... I don't think that it's safe to say that bitcoin will 100% not go under $5000, but right now we're seeing so many governments banning and strictly regulate bitcoin and yet, we haven't seen bitcoin even break $9000. If things get bad enough, aka governments around the world, especially big countries like the US and India decide to follow in China's footsteps, then bitcoin dropping to $5000 wouldn't be impossible to see happening. After all, we came from there just a few months ago. But I doubt that it'll stay under that barrier for a long time at all. People will realise a platform like localbitcoins isn't something that governments can regulate effectively. |
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Magneto is loaning me .03 BTC...I am to pay back 0.033 by Monday 1/22 (Eastern)
1LSyFTwD1AK91noaC74YGCPh9u93wBAmMR
Thanks
Confirmed as discussed on google hangouts. Loan has been filled and the txid can be viewed here: https://blockchain.info/tx/40bd54801b4028446b7e7c6e6c967ec34653f447522db2bd3be93db263507205. Please repay on monday 22nd January or earlier if possible, otherwise please negotiate for a later repayment date on google hangouts or via forum PM. Let me know if you have any questions and enjoy the loan! magneto Edit: repayment address is 13yVcHTU19tV4Aa4jbWkgWxzZX3o8A6abH or otherwise stated by me |
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This chart tells it all. I don't think that even if this is a bubble, this current selloff is going to be the end all. The rally has not been disproportional, even though it has sustained longer than some of the previous pumps. And the fact that price has not been able to sustain its growth for the last few weeks of the pump meant that some investors grew impatient of waiting and then the dump happened.
I agree, bitcoin is a great buying point right now. The dominance is something that i often refer to when analysing price, and bitcoin dominance is now below 40% once again.
Every time that has happened, bitcoin seems to revert back to close to 50% eventually. So the likelihood of BTC going up from here is extremely high.
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Hi folks. Just sharing this interesting views of a poster on reddit: The cause of today's chaos is likely large hedge funds using expiring BTC futures contracts as safety nets to exploit the only sure-thing in this market: a large amount of new/overextended investors who are easily moved to panic sell during a flash-crash.
It is likely that such drop is clearly caused by manipulation indeed, I find this theory interesting. One can also notice that every year since 2015 there is always a drop in January and this may be also due to Chinese new year. This is also possible but I don't believe small holders will cause such drop, so the hedge funds theory is more likely. You can read more here > theory on the real cause of today's chaosDoubt that's the real cause. Real cause is most likely still a reaction to the newly imposed government regualtions, especially those of China and Indonesia. It does not affect most of us, but there is no shortage of bitcoin investors in both countries and it could be a problem for them if they don't get rid of their bitcoins quickly for their local currencies. This initial dump then triggers more dumpers, and in the end there is absolutely no rational actors left anymore on the sell side, and even some long term holders are considering to lessen their bitcoin bags. But hey, this has to happen sooner or later, and it's almost become a pattern for bitcoin(borrowed from another thread):  |
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I've used it a couple times. Apart from one or two instances the transactions have gone through within an hour of me sending the coins to be exchanged. Overall, it should be trustworthy for small amounts under 0.1 BTC. Shouldn't be too big of a problem but keep in mind you're going to be charged a fee + transaction fees + a worse rate than market. So the estimated coins will probably be inaccurate. People that have problems usually deal with large amounts, in which case changelly seems to hold the funds for quite a while. If you have large amounts of cryptos to trade, you should never use instant exchangers. Use an actual exchange instead. You'll get better spreads, be charged less fees, and you don't need to deal with less trustworthy counterparties. |
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These cards are very shady to use even if they do ship the actual card to you, as they are situated internationally and most likely not in your country.
If something goes wrong, you can't take any legal action against them. It's especially worrying as you'll be storing money in their financial products as well, it's not just the card being shipped to you and that's all.
Most of the sites that you've listed all use the same template with generic photos that have been reused over and over. Social media follower counts are probably faked as well. They're obviously not going to be the real deal. If you're looking for bitcoin debit cards i suggest looking at bitpay/bitwala/wirex and find your best fit. But all the legit ones will ask you for verification.
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I tried to withdraw some DOGE on YoBit but when I saw withdraw fee (100 DOGE/1.19$) I gave up.
I trying with LTC and withdraw fee is 0.002 LTC/0.52$, can anyone tell me why is too high fee for DOGE?
Still quite low compared to bitcoin, poloniex currently charges 0.0005 BTC for bitcoin withdrawals and bittrex 0.001 BTC, some other exchanges even more. That would convert to around $12 at the moment. 100 DOGE is nothing compared to that. But compared to the actual doge transaction fees it's high as hell. But i guess they want to make the fiat withdrawal fees as close together as possible between different coins, or just want to make a small buck or two from doge transactions. Nothing you can do about it, apart from issuing yobicodes which won't actually send your coins but rather transfer it to another yobit account that redeems it. If you really want to trade on the doge markets, then you'll have to bear with the fees. |
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i search about this company and i think they are legit and i'm planning to invest on this company, can you please give me some reviews to those who tried this? or what do you think about this company?
You can read their reviews here: http://bittrust.org/genesis-mining. Filter out the obvious outliers and advertisements and the image you get will be about the same as most people's impression is of genesis mining. It is a legit site, probably legitimately mining as well. But we don't know if they are mining on fractional reserve or full reserve. It's hard to tell when you don't have public access to their mining facilities overseas. They're not going to steal your coins but they are going to offer you unprofitable investment options and market them as profitable ones. Payouts as you can see in the reviews are quite unreliable, sometimes your payout can be missing for days or weeks as well. Support isn't the best either. I would suggest that you do some further thinking and research before deciding to invest with them. |
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Looking from the translation it seems like it is only illegal right now for indonesians to trade(aka buy/sell) bitcoin and send bitcoin to other people. It's still legal as far as i can tell to be holding bitcoin. Plus, it is impossible to enforce entirely. If you trade bitcoins with another person without an exchange, how is the government going to be able to tell that you have been using bitcoin at all? It's more of a statement of their attitude towards bitcoin rather than an actual regulation imo. Don't panic because these things are to be expected. Governments don't like bitcoin, and it's been known for ages. |
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Just buy back in with the rest of the heard at 40k than sell at 20k and cry about it again. That's what most idiots do.
Yeah to be honest i find it strange that people find the current price level a good level to sell at, but when the price was $15k or $16k or just before the all time high they haven't sold. My point from previous posts still stands - it's simply a panic dump, and i still believe that the all time high is going to be broken this year(along with it $20k, which hasn't been broken for now). Don't buy high sell low, that's basic facts of trading. As long as you don't cash out your position, you're still in the game. And for bitcoin, long term is going to be worth it to hold BTC. No reason to overly debate between whether or not price is going to drop another 10% or not in the short term. It really makes very little difference. |
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Yeah, i saw some cloud mining sites saying that they're planning on moving their mining operations overseas which is a huge blow to bitcoin, as there are so many Chinese based miners. But as far as i can tell, really the whales in China are by no means exiting crypto. If you are worrying about Chinese whales not participating, then your worries shouldn't even be there. in fact they're still holding and trading, instead of some other bitcoiners panic dumping right now. This is a reason why i believe that this dump is irrational and illogical, and a comeback is eventual. Governments are expected to do this, sooner or later. They will try to cut off the supply and demand of bitcoin, but they can never control the actual transactions or off exchange trading. |
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I have no reason but my intuition is saying the price go up very soon. I had 13.5 BTC so bought another 13.5 BTC 5 minutes ago. the falling is fake. this can't happen for bitcoin goes under 9000$. I got on
the bullish wave ever already. Join me people
Move this to speculation.
I basically have the same thoughts as you. This fall is real but it can't continue to fall at a pace that we've seen for the past few weeks. It's just not possible and the markets sooner or later will come to realise that bans issued by governments really have nothing to do with the actual transactions that are conducted on the bitcoin blockchain. Some people are predicting $8k or less within the month, i call bullshit. Already seeing some upward movement and seeing how this goes, i can see this sustaining for some time. |
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Some are legit, and as far as i can remember some of these clone sites of bitcointalk are acutally used to mirror bitcointalk's content to people in China, a country in which bitcointalk is blocked due to the great firewall.
But others are malicious... You can't really stop it though, you just have to raise awareness.
Since bitcointalk accounts can have value and reputation, never log into your account without checking that the site you're on is actually bitcointalk and not a phishing site for your password. Also be suspicious if you click on a link, and all of a sudden you're asked to enter your password again(session expired, etc.). I've seen some of these phishing sites and almost fell for one myself.
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What would you do and why ?  I'm positive that the crypto will do a come-back within a short time. more people invest now when it's low. If you believe that crypto is going make a comeback then just keep holding. Why would you sell all of your investment in crypto when you believe in it. In my opinion, investing and speculation is all about personal belief. I think bitcoin is quite oversold right now and it's a great time to enter at a level between $10k-$12k. After the panic is gone, we could be back to the previous crazy hype. But then, that's what i believe and you may be different. I sold my 7 Bitcoins for $11400 a few hours ago.
I will buy back when Bitcoin reaches $8000.
Then I will have more Bitcoin than before.
This is the best solution.
Could possibly happen. But i don't see bitcoin dropping another 30% any time soon back to under $10k. Otherwise it would have already done so 2 days ago. If you believe that bitcoin is going to go down to $8k, why not just short it on leverage? It's going to get you way better returns. |
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I currently am in the same state of mind as last January. BTC went up and then straight down. I have learn my lesson, next November / December I'll probably sell a few to take profit.
Plus, I am trying to be realistic here :
-There was an unprecedented bullrun to 20k. Odds are veeeery very thin that, in the life of btc, we don't see another similar bullrun again.
-Goldman Sachs exchange !
-Lightning network (dunno really if this will help btc to recover, but hey, still looks bullish to me)
-Maybe some future nice fork annoucements ?
-No more weak hands since the 'crash'
I am hodling at least until mid summer of this year. And if the price stays down, then that would mean to me that I definitely missed the big opportunity at the 20K USD ATH.
HODL
Agreed. These things are just people panicking because bitcoin has not really gone up that much for the past few weeks, and also largely because of the Chinese central bank rumoring to be regulating bitcoin and cryptocurrencies more strictly. Same thing as last year, people will always panic, make the price drop around 1/3, and the price will go back up by itself and potentially achieve a new al time high. It's completely illogical to dump your coin when you're taking such a big loss. The logical thing to do right now would probably be hold or buy, and dump when all the others are buying in. People are reacting to government regulations too negatively. They should know that bitcoin is decentralized, and governments can only do this much to try to kill bitcoin and it won't work. |
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Pay the price, and you'll get unbanned. If you don't then contact either theymos or cyrus.
If your friend has not used a VPN/Tor/Proxy then it is likely that he has previously held an account with bitcointalk and has gotten banned. Or another possibility would be that he is using a public connection, and others have gotten banned on the same network.
If he really wants to use a tor connection or something, then register normally on the clear net and then he'll be able to browse the forum on tor without any issues, without paying the fine. Hope this helps.
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Bitcoin is at $10,000 and shops/stores gets $50,000 payments in Bitcoin and after that if Bitcoin price falls to $5,000. Shops/stores will lose $25,000. Will people take Bitcoin payments for goods and services  ?  I don't think that you know how shops work these days at all. Since bitcoin is still only in its infancy, most shops are opting to convert their bitcoins to fiat as soon they receive it through companies such as bitpay. That way, bitcoin volatility's effect on their business profitability is close to zero. In my opinion in the long term bitcoin will still be gradually be going up as it is a store of value, and fiat will continue to depreciate in real buying power. If you ignore the short term noise, then you'll see that bitcoin has only been increasing exponentially for the past 8 years. Yes, volatility is an issue right now, but that's what you get with a coin that has no outside influence. And volatility will get better as time goes on. |
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Hey everyone, So I had a bad experience with HitBTC recently and of course I thought I would share it, as all customers who have bad experience love to do. The thing is, the experience involved a friend of mine who finally decided to get into crypto. We set up his account and mistakenly, he transferred the wrong coins into the wrong wallet. I was told by someone who did the same thing with Binance that Binance automatically put the coins into the correct wallet. However, when emailing about this issue with HitBTC, the response they gave was the following: It can take up to two months for your deposit to be transferred back to the correct wallet and we will deduct $100 from your balance as a penalty. Do you think this is a fair solution? I think that it would take them just as long to make the transfer as to write the email and there is no need for a $100 deduction, as they make their money on trading fees.  I would think that an exchange which already has reputation problems would make an effort to win some points on such an issue. Thoughts? It should be fair as long as they have stated this in their terms and conditions beforehand. The fact is that it can definitely be a hassle for exchanges to transfer tokens back to the right wallet as their system was not built to expect these sort of incoming deposits. But hey, at least they've offered you a solution which is to wait for 2 months and deduct $100, which is better than some exchanges which has strict rules of not being able to access your address for other tokens. Next time, be more careful. These are the mistakes that deter people from using crypto, when if you actually use it properly it is way easier than bank transfers. |
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How is this a scam if they are offering a refund?
Bitcoin has risen far beyond the levels that most people bought their lifetime contracts at. That means that if people bought at $2000 per bitcoin, they're receiving only a 15-20% refund on their initial investment and any proceeds from the actual mining(probably not much). If they choose to wait for months then they are also losing out on a lot of profits(4 months actually). Nowhere in their cloud mining advertisements does it say that this sort of behaviour is acceptable, they should have foreseen China's decision to regulate bitcoin mining strictly. At least they're not just running away with customers money, tbh. But cloud mining in essence is just a scheme to make the administrator of the scheme rich and take money from newbies thinking that they will be rich from this. |
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