I sold everything and want to buy back in, since I really think Monero price is WAY too low currently. I just hate buying a coin that is currently up 20%. Anyone have some advice on a price to buy some coins back?
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Okay so who else just made a bunch of money selling Monero when it hit 0.014 and buying back in? I fucking love trading crypto. So much fun when you cash. (And so much pain when you lose money lol. Just as bad as a drug habit!)
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What exchange/ method are you guys using to short a coin? I looked into the Margin Trading section on Poloniex, but it looks like you can only do shorts with borrowed funds? Or am I reading this section wrong? https://poloniex.com/support/aboutMarginTrading/
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You sent them Bitcoin for a promise of money being payed via Paypal? If possible, you should post the Bitcoin transaction. This will give you much more credibility and at least a little info on the wallet address the site is using to collect payments from people. (Although they may be using a new wallet for each transaction.)
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I'll agree to support only one coin as long as its a coin I bought cheap and currently own a lot of. Anyone want to make Burst worth $1 each? That would make me very happy, personally. Realistically, no one will ever support just one coin. Bitcoin will remain king for now, with several other coins like Monero and Ethereum fighting for second place. Then you will have a wide variety of coins that are being developed but are only worth a few cents each.
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Now we ll have a bunch of people saying how Factom s better and superior to NEM, which definitely is. Please let us stay away from this discussion and let us focus on Factom related events in 2017.
I thought the graphic that was posted was made for Nemesis to highlight how it was superior to Factom, actually. A discussion on the technical differences between the two is a good thing, in my opinion, since they offer some similar features. If there is a comparison between Factom and XEM, I would be interested to hear more info.
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Bitcoin may have gained some interest from India, which is definitely a good thing, but there are several questions that need to be answered.
Are there local exchanges actually being run from India or are they using foreign exchanges? What payment methods do they accept? Who is buying Bitcoin? Is this your average worker buying small amounts of Bitcoin on a regular basis? Or is it rich investors making one time purchase as a speculation?
I feel like these two things are the most important. You need local exchanges that make payments easy for local users, and a steady stream of buyers, not just one-time purchase who will hold Bitcoin and not actually spend it.
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I definitely like the Burst project. They already have a fully developed GUI wallet that links to faucets, can start mining from with the wallet, etc. They also have some really cool features like the "Asset Exchange" where you can invest in projects, essentially buying a piece of the project like a stock investment. They have great ideas and the coin is really developed for something that trades at such a low price.
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If you are not running a full node, you shouldn't be using that much data per month. Unless you had a really low data cap, wouldn't latency be much more important? You want to be getting new blocks and sending results as quickly as possible, right?
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Marketplace/ Services has jobs like this where you can sign up for surveys/ referrals and be paid https://bitcointalk.org/index.php?board=52.0just be sure to check the references of the person you are doing jobs for to make sure they have a history of paying people successfully.
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If you are earning 10% per month you are either really lucky or an amazing trader. Even the best will sometimes take a loss, and nothing is going to guarantee you profit. You have to risk money to get a chance at a reward unless you are just buying Bitcoin to hold, which is safer but will not make as much as actively trading.
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for example if we reach $1000 this week price will crash back to $800 again but if we reach $1000 2-3 months later and more nothing is going to happen really, we will stay there on $1000
Yes it all depends on how fast we hit $1000. The rise from $800 to $900 was fast and doesn't seem to have lost much from what its gained. Unless the rise to $1000 happened overnight, I don't see the price dropping below the current levels.
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The site was down for about a day and they totally upgraded their server infrastructure. Everything actually loads much quicker now.
Whoever is running this site is making millions in fees. They are making much more by keeping the site up than a one time exit scam. I would say its much more likely they get shut down by Law Enforcement than an exit scam.
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I can bet that there will be magnificent growth in bitcoin adoption in India during and since 2017.
India would probably be in the top three or four countries in the world that could make a difference in the price of Bitcoin right now. Getting more people interested in using it as a payment system could have a huge impact. If just a few percent of the population started using Bitcoin, you are talking hundreds of thousands of new users. That could definitely drive the price to a new ATH.
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A one-time sale of, say, 1,000 to 1,500 bitcoins can definitely move the price. I'm afraid you are overly optimistic about the liquidity.
Even at the low end, you are still talking close to a million dollars in one trade, and that would probably only move the price a few dollars. It would take multiple million-dollar transactions to move the price in any one direction for more than a few minutes at this point.
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No one forced anyone to give these guys money. "A fool and his riches are soon parted"
If you don't like it don't buy it. I wouldn't give a dime to any of these ICOs.
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OP claims monero is an offshoot of bitcoin
OP is wrong... Monero is an entirely new codebase.
Ever heard of Nicholas von Saberhagen? I have it on good word that NvS murdered Satoshi Nakomoto in his sleep. SN was actually Michael Yost, formerly known as Robert F Golaszewski. Again, I have strong evidence to support that Satoshi Nakomoto was formerly known as Robert F Golaszewski of East Lansing Michigan. Faked his own death in 2005 to begin working on bitcoin. In 2011, he obtained the credentials to Michael Yost and moved to San Diego California. He had been hiding out there ever since. Until September of 2016, a man named Nicholas von Saberhagen -- whose true name I cannot reveal -- traveled to San Diego Diego and murdered Michael Yost, alias Satoshi Nakomoto, creator of bitcoin.
okay I've heard some crazy theories before, but this one is near the top. I don't think I've ever heard the name Michael Yost before and literally nothing comes up if you search that name associated with Bitcoin. Unless you have some kind of evidence that any of this true I'm going to call bullshit, sorry.
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I'm pretty sure if Monero was listed on a single Chinese exchange, the price could easily double. If it started trading heavily on some Chinese exchanges, a price of $20 to $30 seems like it could be possible.
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jacobmayes94 I like your idea, I have to read it again since I just woke up, but clearly a lot of these sites are lacking when it comes to security on their coin storage. It seems like a lot of the smaller exchanges aren't doing much in terms of security other than separating coins into two areas- a cold storage and a temporary hot wallet. As soon as someone gains access to the hot wallet they have been able to drain the funds completely, which means that, yes an additional layer of security is indeed required to have a decently secure setup.
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Banning an IP range would ban any user trying to register or post from that country/ ISP, etc. Not sure if that is really fair to other users from that region/ provider.
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