I understand that they warned me, but it is possible to recover those LTC as they are still there. It is only that they are not willing to do so. And what is the reason to not recover $1200? Only the warning? Well, then I will not use this exchange and will recommend not to use it to everyone.
Yes, it's surely possible. Now to be honest the $1,200 worth not enough to them, if you asked them by telling there are 1000 LTC sitting in the address,They would already recover the coins. I know that Bittrex charge a fee to users to recover coins and the minimum must be at least $5,000 :/
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There are people investing in short terms and others for the long term. You can be in both cases at the same time. Folks who bought at $5,000 and below are making a decent ROI still. Yes it could go higher but it's just speculation because it could be not too
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After what happened with Cryptopia, I am getting really nervous in keeping any of the cryptocurrencies in exchanges. The problem is that they never tell us the truth. Look what Cryptopia did. At first, they claimed that the losses are not as large as expected, and they will be resuming the operations very soon. They even started trading for some pairs. And then all of a sudden, the site has closed down.
Now how can we be sure about Binance? These guys are also saying that the exchange will not close down. But still no external audit has been done on how much they lost during the recent hack.
Perhaps because cryptopia has been hacked twice the same week. The site has lost 10% of its assets, which is far too much for an exchange like cryptopia. A liquidation and closing the company is often decided by a justice court not the company itself. Just to say that finally Cryptopia didn't have the choice to close the doors 7000 BTC is not a big drama for a site like Binance, it will absorb the loss quickly
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Fees: Bitcoin: Start from 0.5% to 3.99% + miners fee 0.0007 per one extra output address. Updated, thanks I missed the fees
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When it comes to Bitcoin I don't like using terms like last time, always, never and similar. Experience has thought me that Bitcoin is very unpredictible and when it comes to price it can move and change very quickly according to different factors and influences. So you can never know how high or low value could be and it what moment Bitcoin will turn to which price. Probably in the moment when Bitcoin reached 20000$ many thought they will never be able to buy Bitcoin at low price. But now we know that wasn't true. So always expect unexpectable.
I hear "last time to buy BTC cheap" since years lol. I learned how surprising Bitcoin can be and it often does the opposite we were thinking of, especially in the long term. People follow the trend I guess. If Bitcoin goes back to $5,000 we will surely see a couple of news claiming Bitcoin is (again) dead. But I know Bitcoin has a lot of things to show us.
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Every new technology comes with new problem types. But I admit $2.000 it's a lot of burgers to eat There is still a long time before merchants start to use crypto just because of an application failed unfortunately and client too... Since most of the time banks reimburse the loss, so they don't care much
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Asking how to prevent it is like asking how to prevent the stock option to crash. There is no way to prevent it again, otherwise, it means you are among people able to manipulate the market. I remember 5-6 years back when the price failed from $1000 to $200. Exactly like it did in Dec 2017. (even the same month) then we had to wait until 2016 to finally see something.
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@CryptoTeng They did a major update on the trading engine last year. Personally, everything is running smoothly since. As for its support, well I contacted them 3 times last week and they replied within minutes with efficiency. And not with a generic/canned reply copy pasted like some others.
@Totscha Kraken is here for a long time now. Ok, they got a horrible period at a time but hey, which exchange platform hasn't?
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From the user end: I'm not sure what can be done more to make it more user-friendly. There are many things that even a child can use easily. From Android applications to web wallets. Take the look at Coinbase wallet as an example, how to make it easier to use? Really hard.
From the merchant end: perhaps this is where there are still a lot of things to make. If merchants (small or big, online or offline) are not very excited about the idea of accepting Bitcoin it may be that on their side they don't really have 'user-friendly' solutions (knowing that they are not in Bitcoin, it's something brand new for them). They can face several problems like to adapt their terminal (which can only be done by the banks) or install a wallet themselves, making a TX, exchanges, accounting, framework, etc, etc.
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No, you didn't lose your bitcoins, you can either use RBF or a transaction accelerator like https://pool.viabtc.com/tools/txaccelerator or wait for somedays to see the bitcoins back to your wallet. I don't remember how many days to wait, something like a week maybe
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Faudrait surtout pas que le livre soit traduit par un bounty hunter comme on a vu poster ici.
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The price may look stagnating but it's only since 24h. We saw it growing so fast lately that now it doesn't you wonder what's going on. We're still around $8,000 currently. Waiting to see how the week is going. Besides this, zoom out and check the last 7 days. Give it some days at least, it's not like if the USD/BTC decreased by 20%
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You can give a try to GPT sites to take surveys. There are a few paying in Bitcoin. Not that you will make an income from it but just some extra cash during your spare time. Some time ago a member posted a list in the Beginners & Help section about faucets, GPT, and few other ways to earn free bitcoins. I don't remember the title but if you search a bit you will surely find it.
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Hilarious. John McAfee used to be famous for his anti virus software before, but is primarily remembered by his private parts and outrageous claims about revealing Satoshi these days. And this guy wants to become the new president? Hilarious indeed.
Perhaps he is smart about antivirus but there are also a lot of things he knows nothing about but he likes to look like the supremacy Once I watched a documentary with an interview about him, he welcomed the journalists to his home in his pajamas, he had a porno magazine and a bottle of whiskey in the kitchen. Honestly, I think he is also on drugs and when he is, he likes to go on twitter to brag about anything he can imagine. ^^
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Some mixers use different methods and it's something well know that some mixers are not so efficient. The article understood it that's why it used to target the "centralized mixers". There are still mixers doing a good job but yes you can also use 2 mixers if you want to be safer. Also, if any of you remember this topic https://bitcointalk.org/index.php?topic=5117328.0.
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@bermudatrian I didn't get any, is it only for inactive users in order to bring them back? So for the loyal users using it for years even when it was in trouble for months => Nothing 😭
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Ah, you see the point now. Luckily there are a few countries in the EU still able to make whatever they want roughly speaking. Germany and France are 2 examples but there are surely some others. The main reason is that both countries have a law above the ECB and EU regulations. For how long no idea, but nowadays we're ruled by the EU and not our own country.
I know for a fact that there are several countries recently starting to worry about their gold/gold reserve. Some purchase in mass (Russia and China) and some either repatriate to be safe (Germany) or start to ask 'my gold is still here?". Remember me a story (don't know if it's true, I watched it in a documentary à la Alex Jones). The Queen of England had requested an audit concerning the gold of the Bank of England. It was so denied that she decided to go herself to The US. and check it out.
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So lets me get this correctly. USDT was truly backed 1:1 with USD and the NYAG verified it. Until the loan to Bitfinex. USDT is now backed with what is claimed on the website. So why it was so hard to publish an audit during all this time? If they wanted to hide something ok but if it wasn't the case, then why? USDT is now backed on the Bitfinex loan: backed to something that may never come, not really different to the fractional reserve.
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