Thanks for the responses guys, appreciate it.


This is an interesting pic to look at, i would have never thought that Toronto transport would be so bad.

Though i'm talking about Australia here. There aren't that many australians on here so i guess it's hard to relate. Yes, an urban sprawl could help, and so could higher buildings. But the thing is nobody wants to live in far away areas. We need more CBD areas to attract home buyers in the area and better transport....

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I think that funding for businesses that support bitcoin is very important, far more important than the bitcoin price alone. After all, the prcie of bitcoin is only a reflection of people's short term investment strategies, not how successful bitcoin is.

So thanks google for funding blockchain.info, although there is obviously a lot of profit that will be generated in return for google.

This is a growing trend imo, a lot more companies right now are considering to get their hands in at least a few blockchain based companies/bitcoin related businesses, as a result of the recent legalization and price hike. It'll make the bitcoin ecosystem a better place to do transactions in as google obviously has a lot of experience with managing a big business with lots of privacy issues, and companies can benefit from that.

Countries legalizing bitcoin is a good thing, however it's not really making that much of a difference.

Take Australia for example, bitcoin trading was already legal anyways. All that has been done right now is the fact that GST(the australian equivalent of VAT) is being taken off from bitcoin purchases. This means that there is no "double taxing", because you'd have to pay another GST when you are buying something with your bitocin initially.

What we need is countries that can loosen their grip on the bitocin industry. A very good example is China. Give exchanges some sort of guideline as to how they should run, but don't go so far that it discourages everyone to use btc.

Yeah, hopefully he is not going to sell his bitcoin until at least a few decades, and try to make up for the studies that he had missed when he was supposed to be at school studying but was actually selling a company for bitcoins

Your point is interesting because i think that he most likely did it for tax purposes as well. If he was intelligent enough to know that he should invest in bitcoin then he should be intelligent enough to take the best option out of the two as well.

If he was taxed, he could have easily be $20-30k out of pocket. That'll leave him with $70k, which is pretty similar to the $65k figure that he actually took in bitcoin. Then if you take into consideration the trading fees involved with getting bitcoin and the fact that he is buying so much that the market price is going to get driven up by his buy orders, 300 BTC seems like a nice deal in the end.

First of all, don't do margin trading. Margin trading is how you make money fast. Stick to you what you have for now, especially if you are a newbie to the forum(so i suspect you might be a newbie at trading as well). I know that you are aware of the risks, i just want to remind you again that you can definitely lose a lot due to margin trading, and the interests that are charged are pretty high. By using margin trading you are playing a negative sum game.

Kraken has margin trading, so does poloniex. These are the two exchanges that I use often. Polo i don't use often anymore because it's got a lot of problems rn. Bitmex offers bitcoin derivatives and pretty sure you are able to trade with margin as well.


As i said, don't use polo. I wouldn't even recommend bitfinex because they seem to have issues every few months, not something you would like. CEX has high spreads, kraken is the best imho.

Bitcoin has only been near $3000 once, and this was fairly recent. So it's quite an isolated case.

Transaction fee issues have existed long before this pump was even initiated. In fact a major contributor to the transaction fees is the pump itself - when bitcoin transaction fees go up, and bitcoin value goes up, it equates to an exponential growth in transaction fees in fiat terms. There is really no correlation between bitcoin price and bitcoin transaction fees measured in btc.

$3000 is a psychological barrier for traders. It is a round number, much like $1000 and $2000. And this is the reason why we are failing to break it. If we were extremely worried about transaction fees then bitcoin would have never been pumped in the first place.

No, you are able to sweep those coins into any address. Basically "sweeping" a key is merely transferring the address balance from the imported address to an address that you hold already on the desktop wallet. The reason why this is recommended because private keys that you import are oftentimes less secure than the ones generated on your own computer.


Yes, you wouldn't lose any of your current balance. If you wish, you can import the address and keep it there. You'll still have access to the exact same funds, although you ar erunning a security risk here.

No, it's not safe thereotically to accept bitcoin without any confirmations, however when you are just buying something for under $10 in real life at a vendor that you frequent, it is extremely improbable that you're going to double spend. double spending is extremely rare anyways, even when both parties don't know who the other party is.

It really depends on the seller, whether he trusts you or not. I'd say that you won't run into a problem of waiting for 10 minutes or more waiting for a confirmation if you have shown that you can be trusted in the past.

But then, why would you buy coffee with btc in the first place? Not only do very little merchants accept bitcoin irl, which is sad, you'd also be paying more in transaction fees than the actual cup of coffee

It is real that ethereum network is extremely congested right now and some transactions aren't being broadcast properly. However, it could be that poloniex is faking this in order to gain more time as well, taking advantage of the situation. The way that they are operating right now you were extremely lucky that you even got a response from them, as a lot of people are just getting ignored.

Read this article: http://www.newsbtc.com/2017/06/21/ethereum-network-congested-exchanges-forced-disable-eth-wallets/ Bittrex and liqui both disabled ETH wallets i think for the same reasons.


If you bothered to read the OP, you'll see that OP is withdrawing, not deposit.ng

I would recommend using Bittrex. Deposits and withdrawals are all super fast. I used to use Poloniex even though the deposits and withdrawals were much slower than Bittrex but now it's just Cryptsy v2.0. deposits are not credited on a daily basis, large withdrawals are withheld without any reason, they have their trollbox removed from their site "because they needed more support crew", etc. And plus, i used to use polo because they had smaller spreads than bittrex, but now since they have almost the same amount of volume, there is no apparent advantage of using polo anymore.


Yobit is not much better than Poloniex. They constantly have their wallet in maintenance and never make it online again after they make it maintenance, a lot of people have lost coins this way.

Who else just realised that he's not a millianaire, at least yet, unless he got another 200k or so in BTC?


It was an excellent investment decision. A lot of us actually were around when bitcoins were readily available for $400, $200 or even $100 per coin, but none of us acted upon it. This young man was brave enough to put at stake almost $100k in a technology that hasn't even been proven yet, and not even 10 years old. I commend him for that, and he deserves the rewards. But taking 300 btc instead of 500 btc worth of fiat doesn't make sense at lal to me.

However, we really have to consider this: holding bitcoin for the long term will drive good profits, as it is a hedge against inflation. But is it really worth getting $1 million instead of completing your high school education and having more potential of getting a successful position, climbing your way to the top, or even building your own project that will be the next FB? It's all relative here, but congrats still to the young man. I wonder if he will sell now or still hold, if he holds, he's got some serious balls.

Agreed... Sort of.

Long term wise, we are seeing a tiny fraction of whatever is going to happen in the larger scale(which in my opinion will always be up due to "quantatative easing that is issued by our government, aka inflating our monetary supply to bail out banks, financial institutions etc. and bitcoin being an asset that will never exceed 21 million coins), and it's appropriate to call it "volatility". Even if you invest now, i believe that it's going to be a good deal considering that in 10 years time it is extremely likely that btc will hit $10,000.

But even a bitcoin lover like me can't really deny the fact that a bubble is present right now. There is no way that user interest/user base increased more than 6x correspnding with the price. There is probably capital moving in from large entities into bitcoin so that they can hide their wealth away from spying eyes, but a lot of it is still speculation no doubt.

You would have to send the bitcoins to Chipmixer in the first place, no? Even if you're using an Electrum plugin or a telegram bot this still has to be done. Chipmixer can't just take your private key and give you chips in return, as that would mean that you would be in control of both your own private keys and the post-mixed keys, making both accessible to you, and essentially you could "double-spend" the funds after mixing.

So if you had 20 inputs of 0.0005 BTC each, you'd have to pay a pretty big fee to get it sent to Chipmixer before anything happens. That wouldn't make sense to do.

Plus, you will be getting 0.008 BTC + 0.002 BTC, so two inputs back. If you want to save fees because you think in the future fees will absolutely skyrocket with large transaction sizes then the logical thing to do is to send a transaction to a wallet that you control directly, so that your 20 inputs become one. Unless i'm missing something here, in which case, please clarify and let me know what you actually meant.

1. Try to pm their forum account. They are quite active here: https://bitcointalk.org/index.php?action=profile;u=823207
2. If that doesn't work, try to raise your issue by complaining on Reddit. Again, their PR team seems to be quite responsive to problems as they pop up. Their reddit account is https://www.reddit.com/user/changelly_com.

There are a lot of complaints about them recently, and even though most ofthem gets resolved in the end this shouldn't have to happen. If you use their service you would expect that everything goes smoothly without you having to go to complain in public. It's best to just use a more trustworthy and establish service like Changelly or just use an exchange yourslef.

1) You shouldn't worry too much about it, as long as you hold your bitcoins on an exchange where they will credit you with both BCC(bitcoin core tokens) and BTU( bitcoin unlimited tokens) then you'll be covered. Otherwise, just hold your own bitcoin private keys(which is probably the most secure option as well) and you'll be credited both tokens as well.

Will price crash? I don't know, personally i think it will probably adjust after the UASF. But how much it adjustts and whether it's up or down, nobody really knows.

2) I would sit on my cash for now.

Great news. Bitcoin seems to be legalized a lot of developed countries and big countries in general now, with the exception of the US. It would be interesting to see when bitcoin takes off what the reaction of the US government would be. Will they take the blame for not entering the bitcoin market sooner? Or will they continue to talk trash about bitcoin when they know that bitcoin is superior? Either way, if the US does not show a lot of support for bitcoin, they'll be left behind.

Although I like the idea of legalization of bitcoin, nothing is really legalized here. It's merely an official statement saying that we're going to regulate the market, but bitcoin trading was still legal in india. What would be really awesome would be countries that are banning bitcoin usage currently like China to stop the restrictions.

Chart analysis is only accurate up to a certain point.

It is best to take into account what is actually happening, community sentiment, whether anything special is occuring before reaching your decision of whether it's going t obe a bull market or a bear market.

Right now, without looking at any chart, i can tell you that we're probably going to be breaking $3000 before any sort of adjustment happening. If it doesn't reach $3000, like the last pump, it's going to get dumped to somewhere like $2000. Why do i know this? Past experience and what most of the community believes in, and that's a big part of what traders look at as well. But you have to question yourself, is chart analysis any more than guessing? It's not even an educated guess, at least to me. Finding random patterns out of nowhere is rarely useful.

1. To build a whole economy out of an uninhabited island sounds like an impossible feat to achieve at best, fantasy at worst. We do not need this at all because bitcoin functions without any form of regulation/central intervention. Even if it's outlawed, as long as bitcoin software is being run on computers, then the P2P network still exists. What would be the point of moving everyone to a remote island where food is scarce and no infrustructure is available?

2. Bitcoin is designed to be a way to transfer money over the internet, with minimal costs. Based on your ideas, this would be completely redundant to have bitcoin as everyone lives very close to each other, thus reducing the usefulness of bitcoin.

What we really need is an economic collapse, although that sounds almost sadistic it's true. We need people to stop having a false sense of security in fiats, and look for better, decentralized alternatives.

Everyone that is using bitcoin rightn ow is experiencing this. If you want to avoid paying hefty fees and you're just wanting to have a good way to send small amounts of bitcoins(under 0.05 BTC) to whoever, wherever, then what i actually suggest you do is deposit your funds to coinbase, and use their offchain transfers. No fees no matter how small the transaction is, although this is definitely not the most secure way to hold your funds as you are trusting someone else to hold your private key, and we all know that does not end ery well when you risk too much money for too long.

The UASF should bring some sort of relief to this situation. The transactions will get smaller when Segwit gets activated, so that blocks can be less full, and miners have financial incentive to confirm transactions that have less fee, bringing the fees down. But that won't happen until 1st August, so as i said if you deal primarily with micropayments it's best to use off-chain, internal website transfers right now.

If you don't want random people commenting on your thread, then make a self moderated one. But isn't this what you should want because you want more exposure for your thread, and ultimately giving you a higher chance of getting your ticket resolved, right? Besides, it's not like you're not in a sig campaign, i'm not in a sig campaign. Everyone is in a sig campaign here.

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Even though I verified publicly that everything you said was correct and i said that you should get repaid, your attitude isn't right. C-cex is at fault, but you're partially at fault too.

1. You did not contact them earlier.
2. You are only contacting them after over half a year because the price of ethereum rose.
3. Their policy changed because the price of ethereum rose.
4. Their policy at the time of your deposit was that the minimum deposit was 1 ETH, and this is fact.
5. Nobody knew what you were going to do with these funds. You could have sold the ETH whilst it was still cheap and took the bitcoin.

It is a very ambigious case. The decision does not lie within our hands, but i believe that you should get repaid. Although calling them a scam/theft/misappropriation isn't very appropriate, as they clearly stated the rules before you deposited.