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5781  Economy / Trading Discussion / Re: Where do you get your ideas for investments? on: September 03, 2017, 11:26:59 AM
Everything I do is based on my own research. Back in the days I had no one telling me what Bitcoin was or how it was working exactly - I had to figure it out all myself. In the same way, that goes up for trading this market as well. That however doesn't mean I don't like to read how others approach this market, set up their analysis, what their idiology is in crypto terms, etc. Funny thing is that as long term trader in this market, you automatically become more conservative since you have experienced all kinds of crashes, corrections, hacks, etc, but yet the 'rookies' with their over-enthusiastic-bullishness have been the ones with a more accurate prediction than all of those traders trying to properly analyse the market. This just shows that in some cases being too strict with your analysis doesn't always help you move forward as much as you were hoping for.
5782  Economy / Auctions / Re: [Domain] Litecoin.supply on: September 03, 2017, 11:14:19 AM
Bump.
5783  Economy / Exchanges / Re: BTC-e hacked ?? on: September 02, 2017, 09:39:28 PM
The way I understood it was 55% of each crypto in your account which was accurate.
Not with me. I only had BTC and fiat in my account, but yet they offer me ETH and LTC alongside BTC and BCH.

They did credit BCH 1:1 but just like all the other cryptos you could get 55% now or wait till the 15 and get 55% + 45% in thier tokens.
That's not really 1:1 if they take 45% from it directly after that. If they only offer people 55% of BCH, they should state it as such, and that hasn't been the case as BTC-E is just trying to flash its users this way. But still, if I add up the values of each offered currency, it isn't even touching 50%. I had slightly over $10,000 in fiat, and 5BTC in my account, so you can understand that the decisions will weigh heavily in case I decide to agree with their ridiculous terms to have the other 45%, or better said, 50% discarded.
5784  Bitcoin / Press / Re: [2017-09-01] BTC-e's Big Claim: Bitcoin Withdrawals to Begin Tomorrow on: September 02, 2017, 09:23:09 PM
Everyone is of course free to do what he/she pleases, but people must understand that if they proceed to withdraw their 55% share today, they will automatically lose the 45% in tokens that they would get 2 weeks later.

I definitely understand that people are looking to get their crypto funds back, but why not just wait 2 more weeks to be awarded these tokens too? 45% in tokens isn't exactly a small amount one can easily discard.
I am seriously having some doubts regarding what to do. I initially wanted to get my funds out of there as soon as possible, but now I see what kind of refund process they offer, and mainly their idiotic terms, I don't really know what direction I am heading to. On another note, they offered people the opportunity to withdraw 55%, but the entire value of what they offer in crypto doesn't even reach 50%. Important thing to note is that everything people withdraw right now, will not require any verification - this might be something they will force people to do once they are fully relaunched. I am hinting 50% towards taking what is being offered, and 50% towards waiting a few more weeks to get the 45% tokens.

will we also lose these debt tokens if we just withdraw the BCH that we have sitting in our accounts?
You can't withdraw anything seperately. You have to agree and take the 55% they offer, and thus discard the other 45%, where they will delete your account afterwards. Or you can just leave everything on that exchange, and wait for them to relaunch, which might take a week or two - only then you'll be able to keep your tokens.
5785  Economy / Exchanges / Re: BTC-e hacked ?? on: September 02, 2017, 09:03:22 PM
I have calculated everything, and if I add the offered values in BTC, BCH, LTC, ETH, it accounts for a percentage lower than 50%. Even more funny is the fact that they promised people to credit their BCH's on a 1:1 ratio, but yet they offer just 55% of it. Roll Eyes I initially thought to withdraw everything, but things have gotten a bit more serious with how their rubbish refund process is set up. I am quite tempted to take this offer to finally close this chapter, but on the other hand, it feels like I will be missing out big time if I agree to all terms at the time I make use of their withdrawal offer.
5786  Economy / Speculation / Re: Is BTC going on bearish trend now? on: September 02, 2017, 01:02:13 PM
It's always the same, the price goes up, people are perfectly fine with it. The price goes down like 10%, and suddenly bearish talk starts popping up. Why can't people understand that there are traders/investors looking to cash out their massive profits from time to time? The market has gone up like 400% in a matter of nine months, so it only makes sense to experience these 10% pull backs occasionally. Even if we happen to dive under the $4000 level in the coming days, it's all part of the game. Investors are here to make profit, and not to endlessly look at their coins gaining value without doing anything - don't forget that in order to obtain these profits, one needs to sell. In a market being this thin, it goes down with 10% easily, nothing to worry about.
5787  Economy / Exchanges / Re: New BTC-e Holding Company -> Bitfinex? on: September 02, 2017, 12:30:24 PM
I doubt that as well. It's very likely a Russian party that they have started collaborating with to settle everything. Who or what this party exactly is, or what they do, is till this day unknown, but if they really end up relaunching in a legitimate way, they basically can't hide that party from the public anymore, unless it is being done through a whole network of ghost businesses to hide the one being in charge of everything. Either way, people should just withdraw their funds and move forward. No matter how much I liked BTC-E, I simply won't make use of this exchange again, after I have taken out everything that I am allowed to take out. The US government won't just let them walk away that easily.
5788  Economy / Speculation / Re: Insider Trading on: September 02, 2017, 11:50:07 AM
Insider trading is part of this whole crypto economy. Seriously, everything happens with a reason, and that reason is the financial benefit they gain from doing or saying something. I personally don't mind it, as long as it is just you knowing something that might push the market fowards or downwards, and thus you anticipate by buying or selling. I however don't like how certain entities are perfectly fine with using Bitcoin as collateral damage for their own financial gain, where they abuse their economical majority position in the mining industry. That's just a nasty practice. At some point when more and more regulations are being put to work in the crypto world, even the innocent looking forms of insider trading will be seen as a serious offence.
5789  Bitcoin / Press / Re: [2017-09-02] $5,000: Bitcoin Price Hits Historic New Milestone on: September 02, 2017, 11:26:39 AM
I had a few open sell orders slightly below and over the $5000 level, but they haven't been filled. Cheesy That's how things go when you're trading manually, and you are sleeping at that moment of the day. It will be interesting to see how the price moves from here, because none of the USD exchanges have touched the $5000 level yet. It shows that the Asian market is just pushing the market, where the Western market isn't really keeping up, or is a bit more conservative. After all, $5000 isn't that much of an interesting target for the Asian market, where I even doubt they care about it for even a second - their target and psychological point is the 30,000CNY level, which they have broken through a few days ago already.
5790  Bitcoin / Press / Re: [2017-09-01] BTC-e's Big Claim: Bitcoin Withdrawals to Begin Tomorrow on: September 02, 2017, 10:55:01 AM
I am perfectly fine with this solution. If we calculate from how the prices were at the day BTC-E went down ($2546), it will put people in a decent position considering the current exchange rate. Sure, it would be nice if we would see everything back in full, but we should be happy with how things are playing out right now. If all funds were landed in the pockets of the government, we wouldn't see anything back at all, so we are in fact winners here, even though it might not feel like that initially. Extra bonus is the BCC's that have been credited to all people with BTC in their accounts. The only thing left to do for now is to wait the moment they really end up allowing people to withdraw funds today as promised.
5791  Economy / Exchanges / Re: BTC-e exchange is back online on: September 01, 2017, 08:01:25 PM
Do not just believe it. Because it may be fraudulent to plunder us again. It is best to first get acquainted before taking action. Do we get fucked and let us go back again? Learn to make mistakes first before making a decision so that they will not be repeated again

People are happy because it looks like they are being given back their coins to a certain extent, and that's definitely good news. However, I am also of believe that people should be thinking wisely before returning to this exchange with full confidence - literally nothing guarantees people here that BTC-E will keep running. With this I am mainly referring to the US authorities that will put everything in practice to shut down their relaunched platform as well. There are simply too many serious allegations against this exchange to let it pass. Another thing is that there is still the $110M fine that they have to settle...
5792  Bitcoin / Press / Re: [2017-01-09] BTC-e Launched A Website To Check Balances on: September 01, 2017, 01:01:37 PM
I am of course happy that they have made a first real attempt to initiate a relaunch, but I am also realistic enough to understand that this exchange hasn't shaken off the US authorities at all. In that regard, I will do everything to get my funds off that exchange as soon as possible, because there is simply no way to know how long they remain operational. I sincerely hope they will keep functional for a very long time, but I am not willing to bet my money on it. After all, it's not pocket change that we are talking about. On the other hand, I am fairly sure that their Russian centered users will continue to use them like how they were before the shut down. Only time will tell whether or not they will end up paying a hefty price for their strong confidence in BTC-E.
5793  Economy / Speculation / Re: When do you think the BTC correction is coming? Is a crypto crash coming? on: September 01, 2017, 11:51:24 AM
If there is a clear possible correction, it would be the November fork right? which could go either way.

It's safe to say that no one is able to say anything of value about when this correction will kick in. However, if we look at the hard fork that is supposed to take place in November, we at least have a clue of how the market might be performing due to the uncertainties. In that regard, you can anticipate on the market to *potentially* take a step or two back, by cashing out some of your profits on the way up. I personally cash out like 10% of my profits by each $400-$500 increase. Yesterday I cashed out some profits slightly over the $4600 level, and my next target will be $5000 to unload another 10%. This is exactly why one should never cash out everything at once. By cashing out smaller chunks of your profits, you'll be able to continue to benefit from the price going up further.
5794  Bitcoin / Bitcoin Discussion / Re: $0.85 transaction fee is absolutely ridiculous! on: September 01, 2017, 11:14:11 AM
After August game with switching hash power and spamming, mempool looks better. Chances are tx fees edge down soon.

Everything is just temporarily. If you look at the mempool charts, it's perfectly visible that these spam attacks are being displayed in waves - they pop up, slow down for a while, pop up again, slow down again, etc. In that regard, the fees will continue to bounce up and down - never think that they are gone just because the fees have decreased. As long as whatever entity thinks it can justify blowing money like water to choke the network with rubbish transactions, they will continue to do this. Most of us are well aware of how deep the pockets of those behind Bitcoin Cash are - it's a shame that they account for such a large percentage of the total network hashrate on the legacy chain...
5795  Bitcoin / Press / Re: [2017-09-01] Wrestler John Cena Posts about Bitcoin to 7 Million Instagram Follw on: September 01, 2017, 10:48:33 AM
These type of articles would perfectly fit in the era of 2013/2014, but nowadays don't actually add anything of value to how things are going with crypto right now. It perfectly shows how desperate these news sites are to push whatever they can find on the internet to generate some ad revenue. If this ever is going to help a certain market forward, it will be the physical coin market for collectors. If we take the relatively low number of the popular older coins in consideration, it will drive up the premiums even higher. It's a tiny market.
5796  Economy / Exchanges / Re: BTC-e hacked ?? on: September 01, 2017, 10:19:20 AM
Just checked, my old login and 2-factor authentication worked. I also had all my funds (LTC and USD) visible on my user. Will they later remove 45% of the funds and replace it with random crapcoins, or what's the deal now?

My balance is restored in full, to how it was just before they went down. I think in the next couple of days BTC-E will take the time to incorporate their debt tokens, and from there indeed remove 45% of your initial funds, and replace them with these debt tokens. After that it's up to you to do whatever you want with these tokens. I personally will not mind taking a hit of 10% in case I end up selling these tokens below their supposed issue value. I just want to get everything of value off that exchange as soon as possible. Added benefit is that they at least are fair enough to hand us over our BCC's as well. In my case it's 5BCC, which at their current market value equals 0.625BTC.
5797  Bitcoin / Press / Re: [2017-08-30] What Levels Could BTC/USD Pullback To? on: August 31, 2017, 01:44:57 PM
No one can say. At this point it's fair to say that the market is just rushing forward without any signs of correcting or slowing down, while corrections have been expected at lower than current levels. For that reason I prefer to remain neutral till the actual correction will kick in at whatever level. My personal thought was the $4000 level, and some say the $5000 level, but the thing is that the higher the price is going up, the more likely it will become for the correction to kick in. If we happen to reach the $5000 this or next week, or perhaps a bit later, it means that we have gone up with 400% in a matter of 9 months - that's pretty insane if you think about it. I have cashed out another percentage of my profits today at slightly over the $4600 level - just to be on the safe side.
5798  Economy / Speculation / Re: Global Crypto Bear Market on: August 31, 2017, 01:02:00 PM
The question is, what happens when BTC does go into a bubble? Do alts follow as in 2013 or do they crash?

For sure. Don't forget that the higher Bitcoin's price is climbing up throughout the years, the more people will be pushed into the altcoin market due to the far lower unit prices. Instead of them investing $500 to get themselves 0.1BTC, they could buy thousands of alts for that same $500. In most cases, people with a lower overall starting capital will more likely prefer to get more coin quanitity for their bucks than just a tiny bit of a whole Bitcoin. On top of that, it gives them the believe that they might have bought themselves in the next best Bitcoin, where its price might explode in value as well. I personally don't add much value to any sort of altcoin, but I do like that crypto in general is experiencing a massive amount of growth lately.
5799  Economy / Exchanges / Re: BTC-e hacked ?? on: August 31, 2017, 12:13:21 PM
same here, no scam email acc from 2013

I haven't got such an email either, and my account is from 2013 as well. I am more inclined to think that these phising mails are being sent to the email addresses from the old database leak of this forum from a few years ago, or they registered at whatever cheap ass faucet site that has got its database hacked/comprimised. I always use a different email address when it comes to the exchanges I registered at. People are just reckless when it comes to their overall security, and that gets perfectly demonstrated when it comes to them receiving phising mails. Bank account -> seperate email. Exchange 1 -> seperate email. Exchange 2 -> seperate email. This forum -> seperate email, etc - that's how it should be done.
5800  Bitcoin / Press / Re: [2017-08-29] Dark web finds bitcoin increasingly more of a problem than a help on: August 30, 2017, 10:34:14 AM
If we want strong coin,he must be supported by the government not by criminals.

First of all, only idiots blame the tool for abuse by criminals. Secondly, it was just a matter of time before people dealing in dark webs would make the shift to something like Monero. Bitcoin is a horrible currency tool when it comes to the privacy aspect, and for that reason, I expected the shift to other crypto's to pick up sooner. I some times stumble over the stupidity of people around me, where they talk about how anonymous Bitcoin is, while in fact they completely ignore (due to a lack of knowledge) that everything they do can be easily tracked. And another thing, governments don't actually support Bitcoin at all. In best case scenario, they just regulate and legislate its usage.
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