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the geeks whose have a chance to be a millionaire is those geeks whose early or elder on this digital world, still have so damn much concept which not being realized yet and it's a chance,it's not like today,all concept already being realized and fulfilled so there's only small chance to be success,guess i was born too late
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i was thinking about gathering 1-2btc and 1-2k$ and to start an exchange service with 5-7%
do you think it would still be profitable? with coinbase and localbitcoin and all..
It really depends how much you can get in terms of customers, and how much you can make a profit on each trade. If you can only make like 1% off each trade then obviously it's not that profitable. Still, if you're dealing with large numbers, 1% of 20 BTC isn't that bad. too high fee will only lead the business come into bankrupt,what people looking for now is an exchanger with low fees,and exchanger have to get as much customer as they can to get to profit from that small fee |
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A really cheap way is to mine an alt when the difficulty is low, using just an ordinary graphics card, and then converting it to bitcoin. Or minting coins with a proof of stake wallet, and then converting to bitcoin.
Then if OP needs exact amount of bitcoin immediately for paying bills which have deadline,OP will go to mine first waiting few weeks and then exchange it to bitcoin while the bills expired? That's not going to answer the question |
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Their system is automated. It not Coinbase fault, its their system bugged out during price spikes
then their customer service lost its functionality to fix their client's problem,automated system will not always running smooth so it's why they have to hire an engineer and give them salary every damn month |
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That is nice becaiues there are to many people who are just holding and never want to sell their coins only if the price rises above the 2000 each or something and they dont know what to do with the coins.
holding their coins meant they know what they do,they won't risking their coins by trading somehow they would prefer keeping their coins till the price reach 2000$ because it's not risky,if prices really reach 2000$ then good,if the price falling down,then they don't lose btc,just need to wait another time |
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I guess this is somehow related with Mavrodi, founder of MMM that live in Russia. He's influential enough and eventhough he did scam Russians before there are still people who trust him and his program. you are right, since MMM using bitcoin, this may very big influence. I also wonder some of my facebook friends are still investing in MMM, it's obvious they make use of a ponzi scheme. they possibly still get a profit from it so they won't stop till they losing bunch of money,sometimes gaining experience takes a lot of money but even mavrodi had been recorded getting prisoned a few years back won't make they stop from joining it,I could say it's what everyone called "Greediness." |
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I read so many negative reviews and reports about CampBX, such as frozen wallets, non deposit of fiat, not to talk about inability to withdraw fiat and none existent customer service.
But they have been around forever, have consistently the lowest price BTC and still seem to be in business.
has anyone had recent dealings with them? is it worth taking a punt?
thank you
if they have a negative reviews why still bother with their service?,if i were you, i won't trying to make useless effort to make a transaction there i would rather buying btc with a "little" bit higher price than losing money or getting into a trouble |
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cool! thnx guys! im doing my homework now i got a good knowledge from the sites you gave,.. ill take your tips for doing altcoin trading than bitcoin,...  thnx again and more power You can try trading bitcoin but the difference is trying to short bitcoin means you need to wait for price to change in your favour with just one coin however if you trade alts then you have many more coins to choose from so you can trade much more each day. Plus trading bitcoin you probably need more money. better do trade altcoins. because if do the trade bitcoin, bitcoin prices are currently very high and quite risky for a beginner trader. bitcoin prices now keep rising periodically,simply see the price chart and you'll know what going on,buying bitcoin still a trend in an exchanger because buy>sell,trading altcoin is more harder i guess |
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As we are in the new Information age, if Bitcoin is as secure as everyone on this forum says it is, it could be attacked many times, it might survive, it might not. The blockchain will survive though.
We need a lot more smart people in this world to survive WWIII
Yeah agree with this , bitcoin will survive if more smart people still alive if world war 3 will happen,but there is no sense to start world 3 many innocent will die. that's war,innocent doesn't matter,without smart people blockchain will still alive as long there's still a computer connected to the network as it decentralized,but if there's none,i doubt bitcoin still alive,but even bitcoin still alive the price will falling down,people don't need bitcoin anymore |
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Bitcoin is not very safe and that is the biggest reason why there are allot of people who dont want to use the bitcoin as payments and i can see why because it is worth allot of money no one wants to lose taht.
because is safe,depend on who's holding the bitcoin,if the holder are smart,they'll enable any way to prevent from being stolen or being victim of cybercrime such as enabling 2fa, or even keep their private bitcoin storage to go offline when it doesn't needed |
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if the owner of this address massly selling it on few exchangers at the same time with all of his BTC,the price will sure getting down
this is why someone could take control of bitcoin prices , they just need a thousand of btc or more
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Bitcoin Currency Exchange is set to be profitable but you need to meet certain criteria. 1. You must make your exchange popular to get lots of users. 2. Make sure your security is at it's best, to avoid hacking and making you lost all your users fund deposited in your site. 3. Have a marketing strategy and apply the reward system. In short make your client Happy! 4. Make sure your profit exceeds your site maintenance well doing those first 3 will make sure this will always happen  the second point. as long OP don't enable API to make his service automatic it's not going to be a problem,hacker can't take control to the address because it's not connected to the website database and all of control is owned by OP |
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hi any one willing to help with some bitcoin im a student and i dont have any bitcoin and i want to invest in a cloud mining company can you help me
consider it a loan please
such a bad idea,looking for loan meant you can't afford if the cloud mining website suddenly turn into scam,your investment will become such a waste of money and you'll feel desperate,even though no one will give you a loan due to your rank and lack of trust,better to develop your skill i guess |
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cryptopia is now up and yobit still down,yobit just get slower from few hours ago and now reached its climax which affect website to go offline
it's about the time and the website will up,i wonder why they don't activate the DDOS protection
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i dont give a damn about anonimity, i'm not buying drugs with bitcoin..
I have a debit card and i like it, convert bitcoin to fiat have fee's too (specially here in brazil) so most of the time a prefer just to spend in bitcoin.
when your government document being stolen by some carders and they'd use it to verify their account in order to get verified and placing order with other's illegal credit card,you'll feel how important anonymity is |
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i'm rarely checking my balance through opening a wallet,what i doing to know how much my balance is directly checking my address through blockchain explorer because to access my balance need so many verification and it's complicated,and i find this so efficient
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never heard about bitnovo.com but they're seems just a local exchanger for brazilian (i guess),but to be honest i won't waste my time to buy thing or exchange things on the commercial site which use whois privacy for their whois Domain Name: bitnovo.com
Registry Domain ID: 1939462079_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.dinahosting.com
Registrar URL: http://dinahosting.com
Updated Date: 2016-06-09T12:17:47Z
Creation Date: 2015-06-17T11:27:02Z
Registrar Registration Expiration Date: 2017-06-17T11:27:02Z
Registrar: Dinahosting s.l.
Registrar IANA ID: 1262
Registrar Abuse Contact Phone: +34.981040200
Domain Status: clientDeleteProhibited (http://www.icann.org/epp#clientDeleteProhibited)
Domain Status: clientTransferProhibited (http://www.icann.org/epp#clientTransferProhibited)
Registrant ID: DHCVe-703013316
Registrant Name: Privacidad Whois
Registrant Organization: Privacidad Whois sl
Registrant Street: AP 570
Registrant City: Santiago de Compostela
Registrant State/Province: A Coruna
Registrant Postal Code: 15080
Registrant Country: ES
Registrant Phone: +34.663894344
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Administrative ID: DHCVe-703013316
Administrative Name: Privacidad Whois
Administrative Organization: Privacidad Whois sl
Administrative Street: AP 570
Administrative City: Santiago de Compostela
Administrative State/Province: A Coruna
Administrative Postal Code: 15080
Administrative Country: ES
Administrative Phone: +34.663894344
Administrative Phone Ext:
Administrative Fax:
Administrative Fax Ext:
Technical ID: DHCVe-703013316
Technical Name: Privacidad Whois
Technical Organization: Privacidad Whois sl
Technical Street: AP 570
Technical City: Santiago de Compostela
Technical State/Province: A Coruna
Technical Postal Code: 15080
Technical Country: ES
Technical Phone: +34.663894344
Technical Phone Ext:
Technical Fax:
Technical Fax Ext:
Name Server: ns.dinahosting.com
Name Server: ns2.dinahosting.com
Name Server: ns3.dinahosting.com
Name Server: ns4.dinahosting.com
DNSSEC: unsigned
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
>>> Last update of WHOIS database: 2016-06-11T20:16:41+0200 <<<
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seems he's expecting a positive feed back and only pay for positive rather than negative,sometimes being honest will give you pain in your ass
but there's nothing wrong as long the feedback is really honest even it's about their negative side lol
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australian police take advantage of this price rally lol,i don't really sure but they'll not actually make an offline auction right,i mean their auction will give affect to the bitcoin prices right now and could probably make the price falling down again
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lol that's funny to see country creating cryptocoin and got inspired by satoshi nakamoto,bitcoin will probably lead those coin as a coin which have the highest value among all,because it's the first cryptocoin ever created and have been used to be payment processor for few online stores around the world
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