Gemini's hype was too high and people had too high expectation, so when it's released people were disappointed and left gemini exchange.
I though it's already dead, gone or become scam exchange.
Or it could be that the Winklevii have ideas but struggle to execute them. Look at how Zuckerberg took their social media idea and then executed it better than them. This keeps happening. |
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It depends on the subreddit. Some are more open and lightly moderated than others. You must have annoyed someone...
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Most of those people are interested in the blockchain technology rather than in bitcoin itself. It would be interesting to go back to say 2014, when lots of Silicon Valley types were putting venture capital into bitcoin support services, and see if they managed to get a return on their investment. I'd say they haven't yet. |
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This might happen, it might not. Nobody really saw Crypsty falling to pieces as it did, maybe Yobit will.be hanging around longer than the rest, they must make a good bit when adding every single coin taking advantage of the early pump and dumpers.
Actually there was a clue: About 18 months before Cryptsy crashed, it increased the fee to withdraw BTC from, 0.0001BTC to 0.001BTC. A 10% increase that wasn't required by the network. Then they added a 0.5% fee on top in the two months before they closed. The only other place I've seen that happen was on Vircurex, which did the same thing (increased fees to withdraw), and then about six months later, they announced they were hacked and froze accounts. So that's the tell: exchanges trying to make it expensive to withdraw. |
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(As an aside, the above metric is showing an interesting drop starting in March 2016 - no idea what is causing that)
My 2 satoshis: maybe it's linked to the fact that the price of bitcoin was stagnating at that moment. Well the price is rising now - but the number of unique addresses used per day hasn't risen to what it was at the start of the year. perhaps people are just keeping their coins on exchanges and no longer moving them to their own wallets. |
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Trading volume is separate from transaction volume. On the fee-free exchanges you can simply trade back and forth to give illusion of activity - at one point last year the supposed trading volume was more than the entire value of LTC in existence. Meanwhile the number of transactions rarely breaks more than 5,000 in a 24 hour period... That's true about any coin. Thousands of dust transactions give the illusion of activity for many coins. As can be seen in the attached chart (at current moment in time) those transactions actually represent the transfer of value. https://bitinfocharts.com/For example: LTC transactions of 4136 in the past 24 hours represented $12,891,552 US in value. ETH transactions of 35750 in the past 24 hours represented $4,934,069 US in value. Feel free to examine the chart for other examples. Litecoin is being used to move large sums of money around relative to other coins (obvious exception is Bitcoin). Looking at the total picture indicates the strength of LTC. The average transaction value for LTC is $3044 USD and the average transaction value for ETH is $138.78. Ether's transactions look more normal. How many people spend an average of $3044 on every financial transaction they make? LTC's transactions look like speculators or exchanges moving money. And you are seriously calling an average transaction value of $138 "dust"? Are you claiming that you always spend more than that in your daily life and any human who spends less is spending dust? This is why LTC will never get adopted by anyone. 99% of humans spend less than $138 on their everyday transactions!!! Ha ha ha! What demagoguery. ETH is the biggest scam in the crypto world. Time will show ... I wasn't the one who picked ETH for an example. If LTC is showing worse metric than Eth, which you label a "scam", what does that make LTC? |
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Trading volume is separate from transaction volume. On the fee-free exchanges you can simply trade back and forth to give illusion of activity - at one point last year the supposed trading volume was more than the entire value of LTC in existence. Meanwhile the number of transactions rarely breaks more than 5,000 in a 24 hour period... That's true about any coin. Thousands of dust transactions give the illusion of activity for many coins. As can be seen in the attached chart (at current moment in time) those transactions actually represent the transfer of value. https://bitinfocharts.com/For example: LTC transactions of 4136 in the past 24 hours represented $12,891,552 US in value. ETH transactions of 35750 in the past 24 hours represented $4,934,069 US in value. Feel free to examine the chart for other examples. Litecoin is being used to move large sums of money around relative to other coins (obvious exception is Bitcoin). Looking at the total picture indicates the strength of LTC. The average transaction value for LTC is $3044 USD and the average transaction value for ETH is $138.78. Ether's transactions look more normal. How many people spend an average of $3044 on every financial transaction they make? LTC's transactions look like speculators or exchanges moving money. And you are seriously calling an average transaction value of $138 "dust"? Are you claiming that you always spend more than that in your daily life and any human who spends less is spending dust? This is why LTC will never get adopted by anyone. 99% of humans spend less than $138 on their everyday transactions!!! |
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Some people on reddit have reported Coinbase closing accounts because the coins went to gambling or pharma sites. Have no idea how Coinbase is monitoring this - perhaps they have a blacklist of addresses you get into trouble for sending to?
No there is no such blacklist of addresses as most of the addresses are not reused again in case of gambling sites.Unique address for every player.However they belong to the same wallet ,which could be easily found with service such as walletexplorer .Most of the accounts closed by coinbase were gambling wallets,has nothing to do it volume though! So Coinbase was tracking wallets, is that what you are saying? How do they know which wallet belongs to gamblers and which don't? |
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Trading volume is separate from transaction volume. On the fee-free exchanges you can simply trade back and forth to give illusion of activity - at one point last year the supposed trading volume was more than the entire value of LTC in existence. Meanwhile the number of transactions rarely breaks more than 5,000 in a 24 hour period... |
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There is natural radiation in rocks remember, particularly around mining sites. It's pretty much impossible to live on planet earth and have no radiation at all.
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Litecoin will be below $2.85 before June 2016  Then I will wait till June 2016 before thinking of buying. Litecoin is coming back in full force... Do you know that the population of China is more than a billion? That is more than the whole of Australasia and Antartica combined. I am sticking to my coins... thank you. China has a large population, but they also have an authoritarian govt that is trying to crack down on capital flight. They haven't bothered with cryptocurrencies as yet because they are cracking down on more obvious ways of getting money out - but it is only a matter of time. |
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What is the significance of May 1st? Did you just pull that date out of thin air, or is some event supposed to happen by then?
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Some people on reddit have reported Coinbase closing accounts because the coins went to gambling or pharma sites. Have no idea how Coinbase is monitoring this - perhaps they have a blacklist of addresses you get into trouble for sending to?
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I don't think anyone is tracking total number of addresses with coins (or even total used addresses, some of which have no coins now). Blockchain.info tracks number of unique addresses used per day: https://blockchain.info/charts/n-unique-addressesAbout 398,000 addresses are used per day (As an aside, the above metric is showing an interesting drop starting in March 2016 - no idea what is causing that) |
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It will get pumped in the run up to halving. After that....? My advice is take some profits before the halving happens, just in case there is a dump.
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Many thanks for the tips! Only I still have one problem  . I want to receive SEPA payments from friends bank accounts, and mostly it is only allowed to get transfers from bank accounts in your name. Any ideas left   ? Thanks in advance! In that case you won't be able to use services like Kraken. They require that the bank account you link has to have the same name as the account owner. You can't have multiple different banks with different owners going to your Kraken account. And it would be fraud to set up a Kraken account in your friends name. Get your friends to set up their own accounts and buy directly themselves. |
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that's good news , I didn't expect that they will be back at least in this month
hopefully we will see more alts in the site cause at this time I'm not interested in ETH as I'm interested in the other alts
Shapeshift charges heavy fees - about 0.5 - 1%. You can buy alts on an exchange for a fee of 0.25% or less. |
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Litecoin is still an extremely strong coin and this is why:
[snip]
It was the #2 coin for ages but is now #3. Poloniex doesn't feature it as a second trading pair (instead they feature Monero). 99% of XMR trading is on Polo. So it's like a special, obscure pet Polo thing... Where Polo has been manipulating the XMR market from Day One in partnership with the Monero Group... You know, exactly in the scorched earth ruthless way the Monero Group has been manipulating BitcoinTalk. Meanwhile, LTC can be used at 1000s of payment processors around the world. It's ubiquitous.Yeah - but nobody actually bothers to use LTC!!! Take a look at this: https://bitinfocharts.com/Transactions in the last 24 hours: Ether: 33,586 Doge: 13,462 LTC: 4,301 Says it all, doesn't it? |
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Looking for information and tips on crypto exchange arbitrage .. Is there a site or software that compares different exchanges order books?
It's not really profitable because most exchanges need 6 confirmations, which take an hour, by which time the price has moved. If transferring coins and getting them confirmed within a minute were possible, no doubt there'd be more arb stuff including software, and other arb services. |
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