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Depends.
Some mobile wallets are just web "wallets" with a mobile interface (like the Coinbase app for example). Other mobile wallets (like Breadwallet for example), allow access to your private keys. With that kind of wallet, I'd much prefer having it to holding on an exchange.
When the price goes mental in times like this exchanges all go crazy and I wouldn't trust a single one of them with my coins.
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Something really does need to be done about JackpotRacer, he has been doing this for a long time and there is no other explanation besides the fact that he is doing everything he can to troll moneypot.com. If you look at the poll there is proof that he stalks the chats on moneypot looking for anything he can take out of context in order to slander their reputation. The one before this was a ridiculous claim that moneypot was somehow in the wrong because one of the owners got 42 bits in a chat rain, the claims are growing more and more ridiculous and if you look through his posts it's very clear his main intentions on this forum are to say any and everything he can, true or not, to hurt the reputation of a trustworthy site. This man says false things, accuses people of deleting posts for made up reasons, changes the things others have said to where they appear to be in his favor when the original text in no way supports him and many other misleading things. I am confident that if you look through the recent posts of this user you will see that nearly ALL of his activity on this thread has been with the intention of causing issues for people who do not deserve this kind of harassment.
you are talking about lies? show me the lies and I will show you who lies! how about your Poll? did Dogedigital vote there or did he ask to ban you for trolling? I didnt all my Polls and questions are legit as we are living in a free world with freedom of speech and BTC is very helpful to have freedom of speech and democracy. that MP owners want to run a dictator ship that is their right but it doesnt mean it is right and worth to follow. just check Rango's aka AcoinL.L.C aka......aka....... trust All your polls and questions are nonsense. You talk so much about "free speech", when it's completely irrelevant to any discussion you're having. You know this perfectly well and yet you still continue to try appealing to people's emotions by referring to a law which is nothing to do with the actions of a member on a private forum. I also know that you're going to try and pick apart every reply I make with multi-quote nonsense and no actual substance. The most annoying thing is how loaded you make every poll with assumptions to try and lead people to vote a certain way, even though people actually vote against you every time. |
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That 'market share' isn't coming back. Crypto has diverged for good no matter how shitty or wobbly the different paths are. Different people are now doing different things under one very tenuous umbrella that should be abandoned. Anyone who didn't expect this is a silly sausage. This is a good article on why "BTC domination %" on marketcap doesn't even matter: https://medium.com/bitcoinfoundation/the-bitcoin-dominance-indicator-fallacy-2b11093869d4Yes it does. Market cap is a terrible indicator of Bitcoin's dominance, but in this particular case it's accurate enough to say that people now care about ETH and several other cryptocurrencies. To use arguments like "name me one merchant that uses ETH. You can't.", is meaningless. Bitcoin has very few merchants relative to the total amount, and it wouldn't be so difficult for ETH to have that low-level adoption as well considering the amount of work that people are putting into it.
A limited supply of Bitcoin is not the same as a limited supply of gold. There are only so many scarce physical objects to use, but there are an unlimited number of cryptocurrencies that can be created, and cryptocurrency-related tokens (ETH). So I can't see anything continuously staying relevant unless it's really deeply rooted in the world or it's superior to all alternatives in the eyes of the public. |
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Dash is the new Anarchist and drug users wet dream, because it is supposed to be more anonymous than Bitcoin and it reflects the true principles of a Anarchist idea of a coin that would circumvent government controls. Bitcoin has become more mainstream and shed the ties to Anarchist ideals. Bitcoin is also being regulated now, so criminals will look for a alternative for their shady actions.  DASH isn't much more anonymous than Bitcoin. It's very similar to Bitcoin, but with a mixer built-in to the reference client ("Private Send"). You could equally use CoinJoin with Bitcoin and have the same options as DASH's private send feature. Bitcoin's regulation would also be very similar to DASH in that governments will find it pretty difficult to actually track down transactions and users unless they put a crazy amount of resources into it. Smaller coins obviously can be less regulated for now, but broader government regulations in the future will cover "Bitcoin and other cryptocurrencies", or just "cryptocurrencies", and DASH would be handled in a similar way. Monero is the criminal alternative IMO, but if you go on dark net markets like Alpha Bay you'll see that the majority of merchants still deal with BTC and not Monero or ETH (despite those being options there). |
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Both are pretty secure as long as your computer is not compromised. So it's more about personal security than anything else. That said, have a look at the Multibit and Electrum subforums. You'll notice that Multibit's threads are a sea of complaints about bugs, while Electrum is not. |
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-snip-
They actually profit from fees not ads at all. Every exchange charges fees for everytime you buy or sell. E.g: localbitcoins takes 0,5% of every amount you sell/buy https://localbitcoins.com/feesNow imagine other bitcoin-altcoins exchanges like Poloniex who has a huge volume of BTC every day, charging 0.5% for every transaction you make. $$$ So it will take at least 1-2 years to get to the break even point. I don't know about that. Poloniex, for example, has had over 500 million dollars in volume over the last 24 hours, and they charge 0.2% fees on every trade. That would be about a million dollars in revenue every day. I highly doubt that their costs are that much every week, never mind every day. LocalBitcoins charges higher fees and also has pretty crazy volume really. People trade huge amounts on there every day, and with the right amount of scale it would be one of the most profitable businesses ever created. Not to mention that Poloniex is suspected of insider trading and other suspicious activity. |
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The Relative Strength Index (RSI) is an important one which you shouldn't forget about. It shows when a cryptocurrency or " other thing" is overbought or oversold. It's plotted with a range of 0-100, and 0 is the most oversold while 100 is the most overbought. Usually >70 is regarded to be overbought and <30 is regarded to be oversold. The Moving Average Convergence/Divergence line (MACD) signals the momentum of a cryptocurrency (or " other thing"). The idea behind it is to compare the short-term and long-term momentum of the market to find out the future direction. Basically it's the comparison of two moving averages, which you can set for any time period you like. For cryptocurrencies you'd want a shorter time period due to the volatility, but with stocks 12 day and 26 day moving averages are common. The idea behind MACD is that when the short-term line crosses the long term line, it's a signal of future stock activity. The Average True Range (ATR) measures the volatility. This is a decent article to explain it. I don't know a lot about the other ones. Good luck. |
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Well...just a random thing that just hit me on the head....at the current price of gold is $1,280.30 and as of 2 seconds ago the price of BTC is $2597.00 Well...put a light on my head and paint me like a lighthouse....we are more then TWICE the value of Gold now.  Sheesh..it was not that long ago we were just trying to MATCH the price of gold if I remember right (all so fast...all so pump...all so scary) anyway..just thought this should be mentioned thou in hindsight it is as obvious as a brick dropped on your foot The reason that it's gone past us so fast is because it's an arbitrary comparison. You could only compare based on how many ounces of gold there are. If you look at any measure which actually makes sense, Bitcoin's price is completely insignificant compared to that of gold. |
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1. I'm waaaay late to the game - this almost kept me from buying. The fact that most of the coins have already been mined has to be a deterrent for other newcomers, which are critical for the bitcoin to peak and momentum to continue. I have met several people that want in, but don't want to spend 2500 for a single coin.
I don't think you're too late to the game at all. It's impossible to tell how many people are using Bitcoin but it's still a tiny fraction of the population. Well done for considering something new. 2. Mining - after watching some videos about the farms, I realized that trying to mine my own coin would be alike to buying lottery tickets - Also a deterrent for newcomers to get involved.
Miners gather together in "pools", which are collections of miners that all mine together, and then when the pool mines a block it distributes the reward to miners based on the hashrate they contributed to the pool. This keeps the miners' variance in profit pretty low. 3. I know that you can buy a fraction of a coin - but basic psychology has it where we don't want to buy fractions. We want to buy things identified as whole. I think this will be a major factor down the road and will impact bitcoin's growth on a very simple, but obvious level.
You can identify it as a "whole" fraction. People don't necessary have to see 0.001 Bitcoin when they're spending, they could instead see one millibitcoin. There are also microbitcoins, sometimes called bits, which are a millionth of a Bitcoin. All it needs is rebranding, and when it's needed it'll happen. I'm sure there are real reasons this can't happen, but I believe assigning names/symbols to lower denominations would be a good solution for new investor encouragement.
Most commonly, units of bitcoin are expressed in decimal exponents such as BTC ("bitcoins"), mBTC ("millibitcoins") and μBTC ("bits"). |
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At first sight, yes. However there are some factors that you don't seem to have considered:
-Exchange fees and fees for dealing with fiat.
-The amount of time that it would take each time and the fluctuations in the prices during that time.
-The spread between the buy and sell prices.
Often with less trustworthy/reliable exchanges like Cryptopia, there could be issues as well. Often with arbitrage like this there are a lot of things which result in a big delay for you doing this, and you don't get as much profit as you expected. However, even a profit of 5% would be giant from any normal measurements. Good luck.
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Its not necessary that if bitcoin goes down then other altcoins will go down too. Perfect example of it is etherum. Its still going up while btc is gone down.
are you delusional? or maybe you don't know the meaning of UP and DOWN? if so i suggest looking them up in a dictionary! in the past week ethereum has dropped down more than -30% and meanwhile bitcoin has been rising up about 25% in the same time! What are these claims, "alternative facts"? 7 days ago the Ether price in US dollars was ~$150, and now it's ~$220. Meanwhile, the Bitcoin price of Ether is up as well, from ~ BTC0.074 to ~ BTC0.088. This is publicly available information. Maybe you should check it before posting. and also by the time bitcoin came down from $2700-2800 ATH it was the same time when ethereum was getting dumped hard so the drop was also at the same time!
This is true, but misleading. The Bitcoin and Ether prices went down a similar amount and continued going up again together.
UASF time will be bad for the Bitcoin price in the short term and good for it in the long run. UASF happening soon --> newbies get confused/annoyed and move to alts --> alts price rise --> FUD about Bitcoin --> alt rise stagnates as all new money has moved out of Bitcoin --> people realise that Bitcoin is now convenient to spend again --> money moves back to Bitcoin --> press stories positive about Bitcoin --> further growth |
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I'm certain we're no longer "innovator" stage, but we're in late "early adopters" stage.
Definitely not. There's absolutely no chance that as much as 2.5% of the population is using and/or holding Bitcoin right now. We're still right at the bottom of that curve, frankly. Even if you look at a terrible measure of crypto wealth like market cap, cryptocurrencies are still shockingly insignificant. It's interesting how people who are part of something new tend to assume the best of other people because they try their best to get other people involved. People like to try and convince themselves that they're actually later than they are because of: 1. Their confidence in the technology. 2. Their pessimism, and feeling like the best opportunities are behind them. |
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With Bitmixer, they have a "letter of guarantee" to help you prove when you get scammed. Does Bitblender have that?
You could always contact Lutpin, who's running the Bitblender signature campaign. Maybe he could help to contact them. I don't see why they would scam over small amounts though - if I were them I'd keep running it indefinitely considering that their fees can go as high as 3%. If I wanted to scam I'd just screw up the fee randomisation and charge 3% every time instead of directly taking anyone's funds. |
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I want store few BTC for long term.
If you want to do that, you might want to consider a paper wallet/cold storage. If you're intending to use it though, Electrum is a better choice. Jaxx is mainly just good for storing several different coins in the same wallet, which is the feature they advertise the most. You could also try a hardware wallet and use it along with Electrum if you want, or you could have Electrum offline. |
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It can, but you're playing a very dangerous game if you do.
Any potentially personally identifiable information which you give them could be used to suspend your use of the service, and they could basically do that at will.
This is even worse on Bitcoin gambling sites because they're barely regulated. Many of them have been known to actually take users' funds when they suspend accounts for suspicious activity. This means that if you have a large amount of money with them, they could be clamouring to find an excuse to suspend your account.
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Sadly, I have not yet seen any country-backed cryptocoin to ever reached even 1% of the success Bitcoin generated so far. Why? It is because a country-released cryptocurrency is running counter to the very reasons why we have Bitcoin.
I agree that there are problems with centralised distribution, and a country-issued cryptocurrency wouldn't "replace" Bitcoin per se, but it definitely would achieve more success. It's easy to overestimate how principled and virtuous people are. The answer is that they're not at all either of them. Bitcoin is a fringe currency for now, and if marketed correctly a country-issued cryptocurrency could be extremely popular.
The problem is that blockchain technology is just so damn good when done correctly that a government with billions to spend on marketing and development can produce something which is extremely appealing to the general public due to its low fees and convenience. |
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Seems to me like you're a bit more interested in selling it for "Footballcoin"...
I would assume that all of us here are 100% sure that Bitcoin is rising in value
Not really subjective, is it? "Bitcoin is rising in value" "Nah m8, it just fell to $800 clearly can't you read?"  The correction wasn't actually a setback anyway, it was a good thing because it makes a price of >$2000 look somewhat sane now. |
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the only way to obtain bitcoin would have been getting tipped from someone or claiming a faucet and gaining 10-20 bitcoins!
Gavin Andresen's old faucet gave out five Bitcoin to each claimant. by 2009-2010 there were no exchange/markets for buying bitcoin
Not quite. Mt. Gox started in July 2010. Bitcoin wasn't worth a lot but going into 2010 it was no longer worthless.
But yeah, you have a point. Later in 2010, you would have bought from Mt. Gox. Before that, you might have been able to buy directly from some people (or do some Bitcoin pizza, but it wasn't worth a lot. It's more likely you would have mined with your CPU and/or GPU (and at first, claimed from Gavin's faucet). |
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As shorena points out, the new Blockchain.info wallet is incapable of signing messages. However, there's a way of getting around that which is detailed here. Be careful. |
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He has a fairly significant trading history, so I would be inclined to think that he's not an alt or irritated newbie. A couple of the pieces of feedback that he's given include extremely high "risked BTC", including another one which was 5,000 as purely retaliatory feedback. I personally wouldn't trust this user - and I respect that the retaliatory feedback you left him was neutral and explained properly. does anybody really see a problem with asking transaction id's, wallet addresses and which wallet is being used... Is this unsafe
No. Those are things that you ask/get told in ordinary threads about transaction problems as well, and are fully relevant to how the user is going to sort out their problems. There's no security issue that I can think of, and being able to view people's address balances on the blockchain could be a privacy issue in some circumstances of course but it usually isn't.
The main reason I don't think he's lying about his thoughts though are his signature. Never publicly reveal your btc addresses, ownership or any other details
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