Looks like you have to turn coins into paper with the machine, then return from the counter with your paper and feed it in. Why? More fees just maybe?
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Feeding a mountain of coins into machines like this is one of life's great pleasures, even though it's so goddamn unhygenic your hands are grey by the end of it. I can't find any mention of fees. I hope it's not even worse than what they charge to get conventional money back. edit - https://www.coinstar.com/bitcoinYou can't turn loose coins into BTC. Weirdorama. More fees I presume.
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I just read some reviews about Wirex, and although most evaluate this service as excellent&great, there is also a fair number of dissatisfied users. I see some users accounts are blocked and their balance is not refunded to owners, and this is answer Wirex send when users ask explanation : Hi xxxxx, we are truly sorry that you've experienced this however, it is our policy that we cannot provide any feedback as to why an individual customer's account has been closed. Doing so may put us in breach of UK financial services regulation. Thank you and all the best. So there are some reasons they use to close some users accounts, they take your money and they have no obligation to explain why? https://www.trustpilot.com/review/wirexapp.comIf that happened to me I'd be screaming the house down. Is that even legal? They seem to have had a flurry of bad reviews in the last few days. I'm happy with them. I still would not leave any money on there for any longer than strictly necessary.
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Looks good. If I was president I would go full international gangster pimp style. The suit thing is so crashingly dull.
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Really weird that Bittorrent isn't referred to more by crypto fans. It's the one true example of decentralisation sat staring them in the face. If there was any centralisation whatosever no one would ever have heard of it. Yet people are doing their absolute best to centralise everything as rapidly as possible in cryptoland.
V strange.
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The exchanges and sites we grew to know and love had a need to stay alive hence the KYC bonkersdom. That's the price of increased growth and visibility. It's only going to go in one direction.
Back in the day you could buy inside the blockchain.info wallet with Paypal. That's the luxury of being obscure. As soon as that goes out the window it's time to man up.
Hopefully proper p2p stuff is going to get more robust and easier to use. Right now it's on the painfully clunky side.
And it turns out the one true anon exchange, btc-e, was probably a giant money laundering machine.
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Give it a week. Everyone will get bored and move on.
Speak for yourself. I just named all the children I keep in my porn dungeon after it.
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Binance got it!
Funds are safu!
Some, not all. From observing previous hacks when someone is frozen they move on to other exchanges that are more slack. When Coincheck had $500 million of XEM stolen the hacker eventually found an exchange who publicly stated they didn't give a fuck so he piled in there until they caved to public disgust.
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I know that almost all of the exchanges have fake volume. I will not use this data for trading and todays's datas are not important for me, I need historical data. I am trying to make an analysis for market and volumes of exchanges. I am not looking at coins.
So I need historical volume datas of exchanges.
I am really chocked because the answers shows that we are not knowing anything about the historical volume data of exchanges. We are saying that all the things are recording on blockchain and market, and this is fully digital sector, BUT we do not know anything about history of exchange volumes. AND people thinks that this is not important. Really unbelievable.
You have been given links to historical volume and ways to find more of it. Since exchange volume entirely takes place on private databases then how could anyone else possibly know the slightest thing about it other than what's displayed? You could possibly look at the in and out flow of known exchange addresses but that still won't tell you anything about actual trades.
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People choosing ripple because of company dedication to improve and support of their project becaus ethey have a goal in the world of crypto.
Ripple is not a cryptocurrency. To this day I still don't understand how it managed to sneak into this space, let alone eat up so much of everyone's money. It's one of the great mysteries of our time and looks like it's always going to be one.
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A five year old account is asking this question?
Sold account much?
Plenty of them are pyramid schemes. It has enabled ponzi schemes in ways that weren't possible or easy before.
As for the entire concept, I think it's possible that all the thousands of companies and millions of people might not be here if it were.
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I really sympathize with that. In 2015, I was still really skeptical. "It's just a niche currency, the bubble's over" etc. But after experiencing a second bubble (and seeing 3 on the charts), it just seems foolish to keep trying to rationalize away Bitcoin's appeal and utility and also its supply/demand dynamics.
"In the bag" is further than I'm willing to say, but I'm definitely way more confident in 2019 than I was in 2015. That's for sure.
I'm not disputing future popularity. The bottom of a plunge is just as irrational as the top of a bubble. Sentiment will turn. What I do have a bit of an issue with is the certainty of the timing that some people seem to have. The late 2020/21 peak in six figures is rolled out more often than any other guess.
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The thing is how would anyone know if there ever was a shortage if coins seeing that price is derived by only the coins being traded back and forth on an exchange? If the same 5000 coins are traded back and forth to determine price, scarcity will never be taken into account right? Because all that matters are the coins on the exchanges being traded.
I think it's pretty easy to wind up going bonkers pondering such things. They're unknowable. And that works in the opposite direction too. You don't know who's buying and who's selling. It's not credible to think there's nothing but the same money batting back and forth. There'll be people buying or selling once and never coming back again. You may also decide scarcity has arrived just as Grayscale decides to sell their 200,000 BTC at the same time as the Winklevii sell their 100,000. Within a few more halvings if you want more than a fraction of a coin you're going to have to buy an existing one from someone. Mining is still an abundant source for coin buyers. That's going to dwindle to negligible levels. The effective end of inflation and the start of deflation is more arousing concept than scarcity.
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Well I never. It seems to have taken this world by storm. I'll wait 5 years before getting a chubby on.
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Six years ago things were pretty different, and as we see people hold BTC on exchanges what proved to be a big failure. Was it just about ignorance or laziness, it's hard to say at this moment.
I see this person is behind MtGoxLegal.com and he's been fighting for years to get some funds back, but problem for him and others is that they will not get BTC, but some fiat compensation. So if he get his £2,000 back, or some amount similar to that, he can invest again in BTC. Time is lost in this case, and a potentially huge profit, but as he say : invest and forget for next 10 years is not a bad option.
I instantly abandoned the idea of ever going anywhere near gox the moment I read up on it. I didn't know anything about crypto, I was capable of recognising a time bomb. Looks like this geezer was instrumental in getting people paid back in BTC. You only get fiat if you request it.
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Wirex is a well-known scam before but there are people telling that it is not a scam I think 40% to 60% telling that it is not a scam so we don't know if the Wirex service is trusted or scam. However, since their support still active maybe we can still trust their service but not 100% and I heard that there are many Wirex users abuse their service that may cause issues like blocking or locking your account if they detect any suspicious from your account anytime they can lock or block your account.
This is just what I heard from some marketing forum who abuse the Wirex app for making multiple accounts.
I've been using it for several months now with crypto and GBP. I have no complaints whatsoever. It's always worked totally fine for me. The fees are a bit much but not too insane. I am but one person of course. Others may feel differently.
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Humongous fees. Now Coinbase is doing GBP going here really doesn't make much sense. EUR customers are already spoilt for choice. This is a good insurance policy for Brits if it all goes tits up with minaland UK exchanges. It's not much more at present.
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Not surprised considering they're a shitty exchange. Investigations by New Zealand authorities ongoing. Praying everything gets recovered, I have some coins there, but not a much. I heard that Cryptopia lost around $2.5 million in US dollars. Never leave your coin in exchange as the main holdings wallet.
https://twitter.com/cz_binance/status/1085511601665368065Binance have managed to freeze some of it. I presume the hacker knows a thing or two so may be able to move faster than certain exchanges. I always find it weird how rapidly they run towards an exchange when it's still super hot.
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