Hello! Thank you for considering my topic: Compare Bitcoin to Other Investment Instruments (Stocks, Real Estates, Etc.)
What do you think are the main difference/advantage/disadvantage of Bitcoin when you compare it to the most common investment instruments like Stocks, Bonds, Real Estates, etc.
Thank you!
I think that bitcoin has a lot more potential than stock markets and real estate. In a lot of countries the real estate market is already very heavily saturated, and so is the stock market. To enter these markets you'd also have to have a ton of wealth beforehand, therefore if you are just an average Joe you're probably noth going to be abel to invest in real estate/stock market. With stock markets it's completely speculative. Real estate i guess you can live in, but bitcoin is completely different. It is a lot more liquid, each unit is the same as the other. You can have appraisals for your house but you know how much your bitcoin is going to sell for. Also, transferring ownership with bitcoin is a lot easier. All these reasons end up to one conclusion - btc is probabl ythe premier investment to make in 2017. |
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There's probable none such, but let's say we want to find like 3-4 that will not freeze randomly our account for verification (I read that kraken makes some random questions). I mean only depositing/withdrawing btc and trading usd/btc pair. Which would you suggest? From coinmarket can I see biggest liquidity:
Bitfinex Gemini GDAX Bitstamp Kraken BTC-E Gatecoin
Please also write if there is trading limit or how big is depositing/withdrawing limit.
All of the exchanges listed on there requires verification, except for BTC-e which randomly freezes accounts without any notice beforehand and has a really bad support team. So i don't think you're going to find your answer from that list. Since you only want to trade USD/BTC then i suggest you try localbitcoins. I have actually never heard of localbitcoins freezing anybody's account, unverified or not. All the other exchanges are heavily regulated, and localbitcoins is your bet if you want to stay anonymous. If you're exchanging small amounts, using BTC-e could work. But as i said they have support issues and if you were to use bank wire to deposit unless you trade p2p you're going to be asked for verification. |
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I need some help with this, I seemed to have lost some coin here the story.
I bought BTC through coinbase with a credit card. 1000$ worth
I then transferred the btc to my coinb wallet because I purchase on the darknet and its an easy wallet to have setup multisig through.
I bought two things off the darkweb for about 700$ using my coinb wallet
There should be about 300 left in my coinb wallet
I logged in last night and saw that my balance was 0
My receiving BTC adress changed obviously because I had a transaction but I cant think of anything else that could have happen?
If anyone can lead me somewhere to statrt looking or give me some advice I would appreciate it.
With coinb.in you control your own private keys. Thus if anything goes wrong you can always just export your entire wallet and its private keys and import it into another desktop wallet/blockchain.info. It does say that your address still has $200 in it. Are you sure that you didn't send $800 and have $200 remaining in your account instead of the $300 you were talking about? Is this the transaction that took away your $300? https://blockchain.info/tx/b7faeaf67b03e93350fbc81f010751862939db136cc3f48d2d38356afa9e4189Again, to my understanding coinb.in is completely client side, therefore if you encounter a problem you can't resolve it by contacting support. Though i'm sure that you just had connection issues because no way could the $300 be sent to a change address as that address is its own change address. It's either you copied the wrong address or you just misunderstood the situation. |
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Hello friends! A few months ago I registered in poloniex, and after about 15 days I constantly receive emails with the subject: "Successful Login from New IP". It is quite strange this behavior, it seems that my account was hacked. Reviewing the history, I distinguish several accesses of different IPs different to my region.  I was also looking for information in San Google, and ended up publishing this post. I leave as a reference, others I have read but no solution whatsoever. - https://bitcointalk.org/index.php?topic=1993922.0- https://bitcointalk.org/index.php?topic=1992420.0Are there more users with this problem? I await your comments, Thank you! There are a few other people experiencing the same issue as you. It's not clear whether this is an insider job from poloniex because the occurances are so high. I would suspect that it's just some hacker maybe cracking easy passwords on poloniex, though. Can you still log into your account? If you still can, then change your password as soon as possible. Set up 2 factor authentication, write to support about it(though you'll probably never get a response back). Are the IP addresses VPN addresses or personal network addresses? If the problem persists, just open a new account. |
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Bitcoin has fallen, yes. But if you look at the coinmarketcap front page you'll see that Ethereum has fallen way more than bitcoin has. Most of the coins have fallen by 10% or so whilst bitcoin only fell by 5%.
I think this will be a growing trend in the future as well, bitcoin dominance index will return to at least 60% by the end of August after the fork, and price will be somewhat stabilized at $2500 per coin or thereabouts.
On the other hand if you shorted all some of the major alts you would have made a pretty decent profit, or have you just hung onto your bitcoins then you wouldn't actually have been hit that much.
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Can some DT member please tag this guy? He admitted scamming himself so it's a clear cut case.
Cash deposits are irreversible. However can you let us know what his banking details are? So that there is a higher chance of us tracking him down and making him repay the debt he owes. It could be possible that he is using someone elses banking details though, but we'll see.
He said that he has scammed 2.7 BTC total so far, so this is 1.01 BTC and there's another $3 scam accusation. Where's the rest?
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...
If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".
This may become an issue for us.
Here is a case for having an online wallet, "travels anywhere".
Yeah, if you are creative then you can literally do anything with bitcoin. One of the main advantages of bitcoin is that you can use it anywhere. You are not restricted by borders like fiat, you don't have to declare if you have bitcoin because technically you are not carrying it on your person. Keeping just a little bitcoin even as an average person would prove extremely helpful if you were in a situation where you need immediate access to cash, for example as you said, when you lose yoru credit card in another foreign country. And pretty sure you don't need to be in a country where bitcoin is widely adopted, basically every country has bitcoin traders and you can always hit one up on paxful or LBC. |
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I've been using C-cex in the past for various altcoin transactions, i wasn't even aware of the minimum deposits for a lot of the deposits i did. Thankfully all my deposits were above limit, it would have been a real bummer if mine got stuck like yours.
C-cex should really pay you back. Other exchanges might have minimum deposits as well but usually what they do is if you deoposit an amount that is less than the minimum deposit they'll wait for the deposit address to gain at least the minimum deposit before crediting your account. C-cex should do the same, especially when the minimum has been lowered.
Plus, $200 shouldn't be much of an issue with them. Why can't they just pay you out instead of trying to avoid paying you? It probably takes more manpower on support to answer all your questions -_-
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In my opinion it is already somewhat controlled because whenever bitcoin gets too low then people start buying in because they know the price won't stay low for long. And whenever bitcoin gets too high then it also self corrects. We have seen this for like a month now, go on the charts and see for yourself the pattern that is emerging. But each time it corrects too much before readjusting.
The most important things in creating less volatility i believe are two components:
1. Community faith in the coin
2. More merchants adopting the coin.
Once these two are achieved then bitcoin will be natuarlly stable even if it is unregulated. We don't need no central bank to do this.
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Do you think they are talking about bitcoin in your basic ECON class?
Not that i'm aware of no. You have to understand that bitcoin is still in its early stges and there are certainly very little people that know about it. To teach bitcoin they would have to rewrite the entire syllabus to match the content and hire new teachers that actually have knowledge about bitcoin. I wouldn't ask for this much at the moment, but i think what is doable is to have an entire chapter devoted to decentralized economics. They don't even need to talk about bitcoin, they can talk about precious metals for example which is incredibly similar to bitcoin structrually imo. |
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Didn't Goldman Sachs predict something similar? So two pretty big sources are currently all bullish on bitcoin even though Goldman Sachs is an investment bank and is probably pro-central banking. It should be proof to anyone that community support for bitcoin both speculators and users have grown so much over the past few years that calling the current price a bubble just like 2013 would be just inappropriate. $5,000 in a few months isn't difficult to achieve at all. As we have seen the bitcoin price went from basically under $1000 to $2900 in max 2 months. I'd safely say that if more governments just like the Australian and Japanese governments are able to loosen their control over bitcoin then $5000 by the end of the year is extremely likely to happen. |
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How much was actually stolen, is there an exact figure for this? And apparently it wasn't an insider job and their central servers were not infiltrated. But still, a lot of users were hacked. That's something strange right there that needs explaining imo. The Korean exchange has already said that they are paying back their customers after the thefts. The OP, by making that title thought he can start something.  No. They are only refunding $870 per user affected, it seems. So it is nowhere near the magnitude of damages that have been actually done to the individual user accounts, because they're only paying back the loss in personal info, not the financial losses. Bithumb have promised to compensate its users for loss of personal information amounting to $870 per user (despite losses exceeding this amount) |
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Why are you so gullible my friend? can't you see OP is trying to promote a specific exchange service? he clearly asks a question and answer himself in the second line. dude I think bitcoin is against everything Americans stand for, you shouldn't show interest aren't you a patriot? shame on you. The lady standing with a torch in liberty island has now a large finger in between her legs ever since bitcoin was introduced to the world? I'm just saying, it'd be a good idea if one of you at least tried to take it out  Honestly coinbase and coinsbank with cex.io are the most convenient options for you now, anywhere you go trying to buy you'll have to pay some couple percents of fees anyways. I just spent 10 minutes to register on cex.io but they don't accept new clients from New York anymore lol I guess gdax and gemini are the only ones around here. GDax is owned by coinbase, did you know that? Gemini i have never used but it seems like that they are charging 0.25% per trade. If you're going for convenience then i suggest you stick with coinbase because they are by far the best exchange on the basis of convenience only. If you're an active trader executing thousands of trades per week then probably look into btc-e, even though they aren't regulated and quite shady they are fast, the spreads are low, and the fees schedule is low as well. But it does seem like that you're promoting Gemini here... |
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So recently, I withdraw my burst coins from poloniex to bitsler. My transaction got marked as completed in poloniex but not even 1 burst coin came to my bitsler account. I checked the withdraw address, but nothing is wrong with it. Then checked the tx id poloniex gave me. The tx id given by poloniex is unrecognized search pattern in burstcoin.biz . Is there a chance that I can have my coins back ?  Can you provide screenshots of the withdrawal page, and the txid that poloniex supposedly completely? That would be extremely helpful, thanks. Right now you can only contact their support and hope that they are kind enough to pay you the amount back. It's definitely not the first time that they submitted a false txid to their users, either. I believe there were problems with Ethereum, and other altcoins. There is definitely a chance, albeit you'll probably be waiting for months until you receive a response out the blue. I suggest that you move to using bittrex/shapeshift instead of poloniex from now on. |
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Invest your free coins to InvestBox! It’s a tool for devs to promote their coins. It’s NOT Pyramid/HYIP, all payments are made from special fund.
InvestBoxes can change status from Active to «No coins», but you can close your investment any time, it’s 100% safe. That's all that been said on yobit about this investbox. I got to have a look at it like a few weeks ago and was really surprised that they actually did something like this. They claim that it is a tool for devs to promote their coins. But how is bitcoin, litecoin, ethereum all on that list? And, you're apparently getting 0.2% guaranteed. What's the incentive for anyone to open their own plan? I just don't get it. More information should be released from yobit about this. Because right now this is looking like a blatantly obvious scam. If anything messes up, don't expect a response from their support team either(thats their speciality). |
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I am 17 and do not have a license yet, I tried using Coinbase but they restricted me since I didnt show identity - Are there any wallets that can bypass this. Also, if I buy btc from pax for example, how do I transfer the bought btc to my wallet? Is there a link I get from pax that I put inside my wallet? I am so confused, sorry!
Use blockchain.info. If you are only 17 then using paxful or localbitcoins or any exchanges would mean that technically you are violating their terms and conditions as most of them only serve adults apparently. How did coinbase find out that you were underage? Because i remember i used coinbase underage for like half a year(oops) and they never found out, i just left my account as being unverified and i couldn't buy and sell, that was all. The bitcoin network accepts anyone, even minors. By getting a blockchain.info account you're controlling your own private keys so even if blockchain.info decides to suspend your account(no occurences of this) you can just import your private keys elsewhere. If you want to buy bitcoin from paxful, then you first buy the actual coin, then you'll have bitcoin in your paxful wallet. You can transfer this bitcoin to anyone you'd like, if you want to send it to your wallet then simply copy and paste the address and press send on the paxful wallet. |
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The idea of having the proof of betting as a way to sort of go pass the potentially devastating law regarding bitcoin and travellers is a great tool for anyone to use, in my opinion. Thank you devs for being creative in your ideas and not just sticking to the old bitcoin mixer sort of thing. I used chipmixer a few days ago and I got tricked, after sending my coins I got 3 small chips with the promise of merging them to get a big chip but the merging button wasn't working then I had to pay fees 3 times with one time of my main deposit, literally I lost 20% of my coins just paying fees. lol
If you are not satisfied with our service, please contact support in 48h (while your session is not yet deleted) and we can help you. Waiting few days then writing on forum while advertising bitmixer looks bit weird. I don't think that he is intentionally trying to say bad things about chipmixer whilst advertising a competitor. Though just like kyraishi asked, i'm wondering to like in this case if something goes wrong after 48h and you only post it after that timeframe, what will happen? Anything chipmixer can do to help after than 2 day period? |
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Business Insider CEO Henry Blodget said Bitcoin has no intrinsic value. https://www.youtube.com/watch?v=RxycmMo8Z2oIf Bitcoin has any intrinsic values, then what are they? The author of the video did bring up 10 "intrinsic values". It is very hard to determine if they are intrinsic values or just characteristics. What do you think of all of these? If he thinks that bitcoin has no intrinsic value then I don't think anything has intrinsic value honestly. Nothing currency has intrinsic value, it's that simple. Only usable things like food has intrinsic value. Currencies are simply a medium of exchange, in which people conduct their business in. Rather than talking about intrinsic value i think it is much more appropriate to talk about how decentralized something is, and how much trust people have in the currency. For example, gold, an established form of money over the centuries, has decentralized production, much like bitcoin. It is not useful other than being a good electric conductor, but then there are much better conductors. What makes gold valuable is its rarity, much like bitcoin again, and people's trust in it, like bitcoin as well. So i think it's fair to say that just like gold, in the long run bitcoin is going to be a great hedge against inflation and financial collapses, whether or not it has intrinsic value or not. |
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It's not so straightforward to buy bitcoin in the Middle East. Yes, I have tried everything. If bitcoin was about the free world, why all the exchanges ask for very strict verification that even the stock exchanges don't ask for? I have never had to take a selfie with my passport in my entire 40 yrs of life until I came in to the bitcoin world, what the heck?!! All the exchanges take ages to verify and when they do, they discriminate those from the middle east. Most of them don't allow us to use fiat currency to buy bitcoin, so how the hell new comers will buy it? The barriers of entry to the bitcoin world are too many for people in middle east, am sick of it.
I find the conventional banks much easier to deal with than the bitcoin exchanges. Guess what? I was successfully registered in one after waiting for a month, only to be told I can't spend more than 300 Dollars a week in buying bitcoin, seriously??? I freaking have thousands of dollars to invest and they want me to spend 300 dollars a week for a coin worth $2500???
Now, the easy way is to buy from others, but I am gonna have to pay a premium of 10 to 20 pct above fair market value to buy and that's BS!
I am thinking to start my own ICO for an exchange that has commercial sense an open to the world. We need a revolution here.
I don't think that it does any good to blame this occurance on bitcoin at all. Firstly, would you tell us the exchanges that you have been working with? Because it seems odd that you can only purchase $300 a week if you are already verified, because that's usually the sort of limit that you have in place for unverified accounts. Secondly, make sure that you understand how bitcoin works. bitcoin is NOT regulated by any governments or institutions like the SEC, only bitcoin DERIVATIVES and EXCHANGES are. Once your funds are in bitcoin, they can be freely transacted all across the world. Your argument about traditional banks being better than bitcoin is also untrue. Search up in your local bank how much it costs to send a transaction to a foreign country, and how crap the conversion rates are. Now compare this to the flat $1.5 or so fee that you pay when using bitcoin. Thought so. |
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I am a long term HODLer and believer in BTC.
I have been adding to my position since 2013. and sold 0 BTC over time.
Obviously I am happy with the development but the worm of greed is always digging in the back of my mind. Could I increase BTC if I sold BTC for some fiat or Tether before correction and add more BTC when the correction ends.
I had no problem holding BTC when it crashed from 900$ to 200$ but I would have mental issues if I converted 1 BTC to 2400$ and had to buy again at 2500$ thus diminishing my BTC stash.
Are there any long term HODLers who are succesful at employing this tactic of buying corrections? If so I would like to hear your strategy. Thanks.
It's possible. For example right now i would definitely go for sell now and then buy when the dip comes before the UASF, because i do think that a lot of impatient people are going to sell ahead of the fork and take their USD for safety. The thing is though, many times you will fall into the trap of either buying too high and selling to low. Long term holding should be the go to strategy for anyone, and unless you are extremely confident with your trades, stick to that strategy and that strategy only. Don't bother doing anything fancy because it is likely going to wreck your entire stash of coin. I think i'm a bit like you, i don't mind my coins going down in dollar value, i mind though if i have less coin. |
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