Is that ok to keep the coins in exchanges without transferring to wallet?
p.s I'm small investor
It's highly recommended to keep your coins in your own wallet. Exchanges have proved time and time again to be bad places to keep your money. |
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Since nobody has mentioned it, the total number of bitcoins will be 21 million, but as other have already stated a large portion are suspected to be permanently lost and irrecoverable.
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It sound actually new to crypto enthusiasts. Burning Coins or coin burning has emerged as a new tool for growth in recent times. In past few months, few projects used this approach to drive the market value growth to upto 10x.The idea is that miners should show proof that they burned some coins - that is, sent them to a verifiably unspendable address.
It was used a long time ago too, with things like mastercoin iirc. People have actually been using it less as of late, in favor of ICOs where they sell other people coins instead of burning the payment coin. |
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Plus, their ridiculous 0.001 BTC withdraw fee has always been a huge turn-off. They don't need nearly that much to send a transaction and I'm tired of getting scalped by that exchange.
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No wallet is able to store every coin, as they are all fundamentally different in some way. The closest you'll get is probably the Exodus wallet, which supports many currencies but has pretty high fees, or the ledger nano s, which can hold many cryptocurrencies at once through different apps.
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Personally, I'm a huge fan of the dark theme. I also like how you have the order book on the side, for lack of a better phrase, "GDAX style". Nice work mate  |
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Escrow won't be able to help you with the big exchanges. Exchanges are the necessary "on ramps" that let people buy Bitcoin. It's just advised to move your coins off the exchange as soon as you've bought them.
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Just placed an order. I bought some of these a few years ago and I'm happy to buy more again. You guys have never disappointed
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Well coinbase is very widely used, but personally I think Gemini has been a better experience for me. Less fees, and free to send out of the exchange.
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This email is to communicate policy changes for placing orders on Bittrex. As you know, Bittrex is committed to providing fair and efficient price discovery and these changes are designed to improve the overall trading experience on our markets. Removing stale orders: Effective today, Bittrex will be removing orders that are older than 28 days. As we’ve communicated in the past, many of these orders have no reasonable expectation of being filled and clog the order books. Raising the minimum trade size: Within the next 2 weeks, the minimum allowable trade value for orders will go from 50,000 Satoshi to 100,000 Satoshi. We will also require a minimum trade quantity on a per market basis. Creating minimum tick sizes: Within the next 2 weeks, on a per market basis, we will be instituting minimum tick sizes that are based on the current price of the market. The target is to have minimum trade sizes that are near 0.1% of the current price. The current minimum tick size is 1 Satoshi. For example, Ethereum trades at 0.0577 Bitcoin. Bids and asks can only be placed in 0.0001 increments. So the next levels allowable levels on the order book will be 0.0576 and 0.0578. A general statement about market manipulation tactics: Bittrex actively discourages any type of market manipulation, including pump groups. Consistent with our terms of service, we will suspend and close any accounts engaging in this type of activity and notify the appropriate authorities. For more details around these policy changes, see this article. https://support.bittrex.com/hc/en-us/articles/115003004171 Thank you, Bill Shihara Chief Executive Officer Personally, I've been debating moving away from bittrex before but this is the final nail in the coffin. Their restrictive verification requirements and new $8 minimum trade size I'm not a fan of. I'll be moving to a less restrictive exchange. |
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If you spend time on the forum and make wuality contributions, you could eventually join a signature campaign. You could also offer services for money. That's all Bitcoin is, money. You're not going to be able to just pull it out of thin air. You can't make fiat without a job or such, don't expect to be able to get BTC that way either.
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I would advise against trying to create your own wallet unless you have a very in-depth understanding of it yourself. It sounds like a very easy way to lose coins.
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Do you mean using coinbase as a wallet, or as a way to buy coins for fiat? Plenty of people use it as both although it is heavily advised to not use an online exchange as a wallet.
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Your wallet does not need to be online for you to receive transactions. As long as it was confirmed in a block in the past, it will be in the blockchain.
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Yes you should add a warning. Because BTG website https://bitcoingold.org/ removed the link but it is still circulating from old forums posts and its linked on Google and people are still falling for this scam and not only losing their BTC but they are losing every single coin they own if they import a seed like an Exodus wallet because that wallet houses many different coins. In my opinion people shouldn't withdraw until more exchanges support the coin. So far the only large exchange is Bittrex. I am waiting also for Poloniex and Bitfinex to enable deposits of this coin. I withdrew my coins straight to bittrex and sold them no problem. Not to say my experience is indicative of others', just saying I wouldn't expect problems from them.Apparently you can't withdraw if you don't send them identity verification, but they still let you deposit. |
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So glad that you're handling this for us Ethan, very much appreciated by me and I'm sure many others.
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Another small change, but AM now relies totally on my local full node for all blockchain information (The info reported by !last and !fee). Price and conversion will have to continue to rely on third party APIs because it would be infeasible for me to implement it. So, nothing that you guys should notice except for using !last might be a little bit faster now |
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Just for fun, here's AM's top 20 used commands. Top two spots are taken by the Bitcoin price in USD and PHP, followed closely by people wondering where HAL went   |
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While I haven't changed the underlying data source from estimateSmartFee on Bitcoin Core, !fee now accepts simple time units as well as block counts when taking input. It also will always list the expected amount of time required for the number of blocks returned by the fee estimate every time. Example:  Works with m for minute, h for hour, and d for day. Will round up to the nearest block. |
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