Converting to ETH and then withdraw will save some money I guess than BTC.
Let's say Yobit's BTC withdrawal fee is BTC0.0012 and ETH withdrawal fee is 0.005eth
ETH 0.005 = BTC 0.0001 @coingecko
you can see how much it can save your money.
I've earned some satoshis (not much) from the sig campaign and I think I'll be converting them to ETH before withdrawing.
Their BTC withdrawal is too high thats why those who have earned some little amounts of satoshis would really switch up into other alts for you to lessen up the fees.Ex. XRP and ETH which its much lesser and you would save a ton and since yobit do have problems with xrp withdrawal then ETH would be the best choice atm. I dont know why other suggest about instant exchangers when lessening up the fees knowing that they have much higher fees than on a typical exchange. It really depends though, for example, when cashing out BTC is probably the safest bet for most people, especially if you trade p2p like I do. Selling for ETH on localeth means I get much higher spreads compared to BTC so that fee that I save from swapping to eth is probably used on exchanging the coin, it's a tight predicament. I don't usually sell crypto-currencies, and nowadays I just hold all the earnings in BTC on the site, not worth the hassle and I'll lose out on a couple of bucks when I withdraw it |
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See this article below which explains it: https://medium.com/nexo/earn-interest-and-protect-your-stablecoins-with-nexos-1-to-1-conversion-guarantee-dbdefa8a8152So basically, you deposit your crypto, convert it to some shitty stable coin of them, and earn 8% interest on a yearly basis. They say they use them for loans or something? aaaand they're 1:1 backed.. ? Hmm. Seems too good to be true other than the fact that your "gains" are measured in USD/EUR ofcourse, and not BTC. For now it seems that you can't earn interest on BTC (it says "Coming Soon".)
Is anyone using them? I've heard of them in the past for getting loans, but not this compound interest scheme. Might be interesting if it's legit. 8% ? thats very low . if you have 1 Bitcoin , you can make 8% interest per month trading on LBC . Not if your thinking from a fiat POV. Comparing fiat investment options, 8 percent a year for fairly safe investment is almost double what banks are offering, and it's a pretty good deal. I'm assuming most of their customers aren't really crypto-geniuses and are more traditional investors who want something safe - which I say with a grain of salt because this could very well end up scam. |
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24%/year for investing in crypto ATMs?..
Oh wow. I had another look at it since I was only interested in how much the ATM's cost and that statistic is definitely a bit dodgy. Not sure if it's just false advertising or an outright scam, they have physical stores and are registered so it's weird to tell. Dominican´s largest bitcoin Company set up now a marketplace where everyone in the world can buy and sell almost anything ( Houses,Cars,Electronics) with Bitcoin . https://blockchain.com.doSoon They will launch a new lending services for investors who want to lend their bitcoin or invest in one of their Bitcoin ATM and get 24% interest per year. https://blockchain.com.doSo, you used clickbait title to attract views on your thread whose content has nothing to do with it... Nice marketing strategy I guess. I visited your marketplace website and was impressed by the variety of stuff listed there. Are you selling all those directly or act as a middleman, similar to Amazon? ...
Nevertheless, it does seem like a decent attempt for a company to enter the crypto-industry, there's quite a lot of items for sale and with very reasonable pricings, like a 3,000 dollar atm.
...
But you have to buy a minimum of 10 Bitcoin ATM machines for the order to fulfill! 10 ATMs are not bad for a company or an investor to get into, 30,000 to set up 10 ATMS in your city is still pretty good pricing and it's a reasonable term for them to put on there. |
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Money changed its shape through the history. As from non-monetary exchange to the need of having money. Fast forward to our current banknotes which are in my opinion slowly dying with bitcoin taking over.
First and foremost what you need to know and understand is that, Bitcoin is not really taking over banknotes. The number of people using or who own bitcoin are not that many comparing to the number of people who have no idea of what bitcoin or cryptocurrency is or its existence. Cryptocurrency might take over but not any moment from now. It might really take a long time. Correct, bitcoin is an alternative payment option so far and it hasn't reached high enough heights to be able to take over the previous payment options like fiat currencies. It'll all depend on how many people actually like using BTC for their day to day transactions, if the public isn't supporting moving over the crypto-currencies, we'll never see that happen and it'll just spell drama for us. |
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I'm not a campaign manager myself, but I would be assuming most managers would be following a format similar to this. That's what I've been seeing.
1. Trust (eg, no red-rated accounts or accounts that have just woken up after inactivity)
2. Post quality/merit history
3. Rank
So, basically, I've seen managers accept higher ranked accounts for lower payment options if their posts are of equal or of better quality of the lower ranked accounts.
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Well, it is not surprising to see that chart. Bitcoin will always be the most dominant cryptocurrency available. It will take almost a miracle for some coin to overtake bitcoin. It is for the reason that being the first successful coin, people felt that it is bitcoin that is the more reliable coin. Also, companies and the likes had adopted bitcoin more than other coins.
Ripple in 2017 already overtook Bitcoin and there was no special miracle. The total capitalization of Ripple was $ 350 billion, and the value of Ripple was then $ 3.5. I advise you to conduct an economic analysis of trends in the cryptocurrency market. No, Ripple (XRP) never overtook Bitcoin as the top cryptocurrency in the market, it would need a huge pump for that to happen. Ripple did overtake ETH as the second top crypto-currency though. It is the king of crypto has you have rightly highlighted above. Once Bitcoin is on the move, other alternatives coins get rekt. This will not be short-form being the one that paces the way for what we called digital currency today
We cannot this fact that most altcoins rely on Bitcoin, but not all, as we can see in CMC some altcoins are doing a nice trend or in stable despite the fact that Bitcoin's price is dropping. But, when we do have massive adaption we can see a good trend in every coin, depends how they are going to work out and market their coins, as some are aiming not to be affected by Bitcoin, that they can stand on their own. Adoption hasn't always equaled certain price rises, seeing coins being accepted by major retailers is pretty commonplace now and rarely causes a huge change in the market. |
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Fiat hasn't really been losing value per say, it's just our regular inflation rates that are affected, but they've actually gone done in the past couple of years.
Inflation is impossible to stop, it's just a crucial aspect of our society, and it's commonplace for that to occur.
BTC has been getting more and more important in recent years, and the limited supply really does help out inflation and basically stops it, it's pretty futureproof.
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First of all, there will be never true anonymity, no chance
Second, who does profit most from such anonymity?
Sure, not all the average Joes,.
Why than do such an effort to convince for such 'feature'?
Hint: A feature that needs convincing, is no ( like SegShit ...)
Satoshi wanted IP to IP ...
Depends on what you think true anonymity is, if you are going to extremes, of course the VPN has your IP, of course the person your sending the payment to knows your address, etc, I don't think that's a subject that's even worth addressing. Tracing transactions are probably better in my opinion - extremists will always be able to use dash, xmr, and they won't bother with BTC. |
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there are some people consider Bitcoin is digital gold. because of its mining system and limited stock. So do you think the concept of bitcoin refers to Gold? because gold has a stable value throughout the world. if true. then the country that uses the first stable coin is arabic, with its dinar and dirham. and perfected by bitcoin with computer networks and the internet. What's your opinion.?
It can be compared to some aspects of gold but is also completely different to how bitcoin works in some aspects, but it's been dubbed "The Digital Gold" for such a reason. For example, bitcoin has a limited supply like gold, but it's unstable, unlike gold, and also has quite a lot of demand. It's also pretty safe if there are ever any issues with fiat and it'll be able to retain its value. |
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Definitely, man. Back in the days when it was under $1000 we never tought $3000 was possible, but now look where we are. The 100th part of a bitcoin is worth over 100 bucks, how incredible is that and who knows what Bitcoin has in store for us in the future?  Taking a bold prediction that Bitcoin price will reach $1M in the next 5-10 years that would be equal to 0.001 BTC=$1000. The potential is huge in Bitcoin and I'm talking about facts: the statistics show us that there are over 36 million millionaires in the world and Bitcoin has a limited supply of 21M units with 4M considered lost. Make the math and you'll quickly realise that if each one of the millionaires want 1 BTC, its price should be well beyond 1M  Problem is adoption and getting around that stigma of bitcoin being a scam currency, there are definitely millionaires in the world that hold amounts of bitcoin and other cryptocurrencies. BTC going to that price will mean that we'll need to see a lot of new changes being made, almost like a lightning network v2. Keep in mind, the 2 dollar fees we are paying will then become 200 dollar fees when BTC reaches those prices. |
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BitOffer will launch a major financial derivative product “BTC Seer” in Oct., which is a digital option innovation product. Users can start with 1 US dollar to speculate whether the price of Bitcoin will increase or decrease in the next 1 minute, 2 minutes or even longer. Profit can be up to 1000 times. The risk is controllable and the users can withdraw at any time.
Isn't this just a more extreme version of longing or shorting BTC? Much risker with shorter times and up to 1000 time profit. Isn't this basically gambling? I don't think you'd be classify this site as just an exchange/trading platform anymore with these profits. Also, doesn't look like it's much better Bakkt, or anything related to that at all - this is more a gambling version of trading BTC, much different to what Bakkt is doing. |
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what a brilliant move. He even name it his name. I really think most DEX today are really jokes. for the past two years, No single new dex has stand a test of time and they can not be compare to dex like etherdelta. Most of them will end up being close down when it becomes unsustainable to run the platform. poor development, continous server error, zero trading volumes are some of the problem associated with most new dex. Well there are some followers that monitor Mcafee up and down so maybe they will be making use of the platform.
Him being a part of a DEX will probably spell bad things, I reckon that the second the SEC or the US government are hinting at shutting them down, he'll just centralize the entire exchange and hand over everything to them to make sure he doesn't lose his profit. It's like him and ICO's again, he advertised 10's of them during 2017 but I can't name a single one that investors would have gotten their money back - most of them are never hit the ICO price for their coins. |
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At this point the attention is shifted to btc, investors feel more confident about hodling btc than alts during this period, but I think it is equally good to hodl alts that has no btc pairs but only usd in the main time for stability, these alts don't suffer much even when btc is experiencing a heavy fall in price. Just a thought.
I wish most altcoins move into usdt pair and dump the BTC pair until market revives, the dump of altcoin for btc was a big factor in price dump this year and the sentiment spread among traders. Recently binance adopted this tokenomics with some of its new listed coins,which is believed to improve the price as trade volume increases and project technology improves. That wouldn't help that much to be honest, and I don't think traders would do that because most altcoin traders have gone from trading altcoins to just holding a lot of BTC, because of how bad the market is. Before, altcoins would follow BTC's price movements (think 2017-early 2018) but nowadays there's no correlation due to how much bitcoin dominance is there. |
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If your not in the US, I think you have a couple of options out there. Wirex seems to be your best bet, I believe from my knowledge they only ask for KYC after a certain amount has been reached, and ADVcash is another company that pops into my mind.
Could always try and go to your post office, they usually have virtual cards you can load up with cash. Possibly trade on Paxful and buy some virtual cards there, risky, but could work out well.
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although i am hoping to see $10k sooner than later but i am starting to think that we may end up experiencing another prolonged and boring stable phase like what we had at the beginning of this year with $3k range. of course it is still too early to say and things are still unpredictable. but we are now entering the third week of price being in this range and the market has been calming down a lot too which makes me more confident in what i said.
Yep. Exactly what I was thinking, this reminds me of that period where it just swung from 2.5k to 3.3k for a couple months, and with the way things have been going, it's looking like it's the same thing, but at a higher pricepoint. If we do clear the 9,000 regions this month, 10,000 looks easily achievable and I reckon it'll be just some time before we reach that mark. Only time can tell us! |
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I think in this modern age the question of “which currency should I own?” is something a lot of people that I know ask themselves when it comes to purchasing currency. There are a lot of choices to choose from such as US Dollars, Chinese RMB, Japanese Yen and many more, those are mainly fiat currencies. However, all those currencies stated are all controlled by banks that regulate their value and are heavily affected by financial crashes such as the one in 2008. As a result sometime after the financial crash of 2008, Cryptocurrencies such as Bitcoin and Ethereum were created in order to have a currency that isn’t regulated by the banks and relies on how much trust we put into its value. Here are some reasons why Cryptocurrencies are better than fiat currency.
1. Cryptocurrencies are now becoming more accepted as a means of trade worldwide.
A few years after the introduction of Cryptocurrencies such as Bitcoin, people around the world are starting to see Cryptocurrencies as a trustworthy means of transaction which means that you can go to most countries which basic Internet infrastructure and do business transactions using your Crypto Wallet whether a digital one or a physical one which means that you don’t need to call your bank in order to make your account accessible to when you go to other countries as Crypto Wallets are accepted anywhere where Cryptocurrency transactions are being made.
2. Cryptocurrencies have top-notch security and cannot be easily fooled
Cryptocurrencies use blockchain technology in order to make sure that there are no inconsistencies when it comes to transactions. If there are any inconsistencies with the transaction, the blockchain will reject the transaction and your money will still be in your Crypto Wallet.
3. Cryptocurrency transactions are secure transactions
As stated earlier, Cryptocurrencies have top-notch security using blockchain technology. They also keep all transactions on record anonymous as the only person who knows their Crypto Wallet Address is yourself and wherever you post your address link to. You can keep generating new addresses if your previous Address is compromised.
Cryptocurrencies are more accepted nowadays. That is observable both in the media and in the actual world. Cryptocurrency transactions are also secure transactions. Cryptocurrency transactions are probably the most secured way of doing business. Everything's transparent as well as anonymous to a certain extent. I only have reservation about cryptocurrency having the top-notch security. It may not be fooled but it is always under attack online. And a single loophole in the system is enough for all the funds in the compromised wallet to be stolen in an instant. You got a couple of things wrong in the post. Even though crypto-currencies have gotten a lot more established in the recent years, they are still nowhere as accepted as fiat payments. Cryptocurrencies are not being attacked/unsecure, it's the service providers of those crypto-currencies, like exchanges, etc. No one has managed to hack or control a crypto-currency yet, but obviously exchanges have been hacked. |
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......
Coinbase Pro recently raised it's fees so high as to block out ordinary traders. Binance kicked out USA traders. Bakkt is not going to be too much different as they just keep raising the bar and implementing more rules and regulations, making crypto boring. Gemini is just a greed machine too, while the people who own Gemini are already ultra ultra wealthy, and they just want to keep becoming more and more greedy.
It is just one thing after another everyday and it is all really boring news too. Bitcoin is all just a bunch of greediness and politics now a days. This is not a fun environment anymore. It is taken over by greedy exchanges that are already rich, and they do not have to be greedy either, but the people who run the shows just sorta stuck on creating this stuff I guess. It is taken over by people who's entire focus is just being greedy.
......
Interesting. There is negativity in the whole community too. Try talking to anybody about your entrepreneurship concepts and everybody just throws mud on it like a bunch of Negative Ninnys.
End of rant. I am thinking of taking up a new hobby.
If you think so, why don't you make the same thing as their "marketplace" and make it a different perspective from them. Show everyone that your current outlook changes because of what you make. I think about changing people's perspectives is very fun for looking hobbies. I completely agree with your rant way of expressing how greedy they are, but in my opinion only expressing the conversation will not completely change the situation, it's okay to look for other hobbies. I don't think he's being greedy at all, when companies raise their fees so high so that ordinary traders are literally unable to profit of the exchange, it's not them getting greedy, it's the company shutting down an entire market. It's a good rant, and it does showcase a lot of the issues with the American market and some of the regulatory issues as well as companies pushing regular customers out. |
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Only problem with using an address over and over again is that people will be able to see all the transactions going through it, and basically stalk your account and it's balance, which if you don't care, you'll be fine. It does make things a lot easier, you can just copy the address in your notes and send it to anyone, and also makes looking at your balance when you don't have access to your wallet a lot easier, personally do this myself  . |
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Now, Libra, that thing can fuck off!
That's not fair. If you're expecting governments to be open minded enough to tolerate Bitcoin, then why don't you do the same and allow other entities to create their own money? People blame governments for not tolerating anything other than their own currency, but a lot people here do the same. In a free market money should be able to compete. Governments force you to use their hot air fiat currencies, and alternatives such as Bitcoin and Libra counter that. It provides a welcome bit of choice in the type of money you can use. Facebook doesn't force you to use Libra. Bitcoin doesn't force you to use Bitcoin. It's you who makes the decision to use one or the other, or both. We are open minded but we should inform the community about what decentralization truly means. We should do this before the goverments and other big companies create alternative centralized coins. Facebook may not be forcing us to use Libra but they have a huge power to make advertisements of their coin. This doesn't seem fair to me. On the contrary, we should act as a whole and spread the decentralized coins. Libra wasn't that bad - it went under the same microscope bitcoin went under and since it was a centralized operation and relied on it's partners to help and they also had a reputation, it was easily shatterable. They brought up issues with money laundering, which the same issue has been brought up for BTC, and instead of them just moving on (because no one controls BTC), they had all their partners pull out. It's actually quite sad to see. |
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Guys have you noticed new announcement by telegram owner in latest day of 2017 ? https://twitter.com/durov/status/947420374102413312telegram is going to use blockchain technology too,now it seems blockchain technology is more than helpful we are gonna have it on telegram soon I heard this news, And to my knowledge they have raised a lot of money in their Initial Coin Offering. Their proceeds amount to 1.7 Billion $. There will definitely be a large amount of funds to further enhance the development of their coins and it will definitely have a huge impact on Crypto Currency once it open on the market. My friends are really interested with this concept too, they think telegram has a huge potential, I just don't know what is the status of Telegram now given the chance that they earn a lot in ICO , but now I don't have any idea, my last news was that they said they paused, not sure but hoping for telegram to become successful, it will be a huge for blockchain and to telegram. Well their ICO, which was only available to big, private investors sold out at around 1.7 billion and they seem to be developing the Gram wallet and other resources. One of their old roadmaps for the ICO estimates that around Q4 of 2019 (right now), they are looking to launch their own TON wallet and deploy the coins into the market, and then in the following quarters add integration from the wallet to the messenger app. |
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