That's what whales do, they wait for the right moment to buy. Well, if I had money, I would do the same. Eventually, investing such big sum of money will boost the price and make it boom again. the good thing is that ,now, there are more people that believe in Bitcoin and keep buying when others are panicking.
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I tried different wallets to store BTC and make transactions, Blockchain is the best online wallet since it is secure and support both BTC and ETH (BCH also). Electrum is the best among all other wallets since it supports SegWit adresses, it is easy to use and safe despite the vulnerability we heard about in the old version.
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Let's wait and see, nothing is predictable with Bitcoin. Bitcoin is fluctuating too much lately, probably it will continue increasing for a while. What makes me believe that it will continue increasing is that attacks against Bitcoin stopped and even governments seem more tolerable.
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20$ is not a big amount of money, thus, few things you can do with it. Try trading, maybe you will get lucky and win a good a good amount by choosing the winning horse, some tokens can increase by 500% or 600% in one day. If you are new to the cryptocurrency world use them to learn how to make transactions and set the appropriate fee and decide which wallet suits you best.
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Here is another post talking about Bitsler closing accounts without any reason: https://bitcointalk.org/index.php?topic=2938675.0I don't know if this is really true and I don't want to make any jugements before seeing real proofs. OP you should attach examples of conversations where you believe Bitsler team were arrogant or didn't respond. It is always easy to blame others but you have to provide proofs. Looks like he is just another butt-hurt user who got his account blocked because he was doing something against the rules. No proofs = .....? You know what should we call it. No chances for you to see OP provide the example of the conversations, he is gone already. Created his account here just to create this topic then went away. No need to take it seriously. Most likely what is going on is the customer tried some type of illegal mixing scheme. Basically ever since Bitmixer closed, people have been using Bitcoin casinos to launder and mix their coins. Unlike exchanges where most require AML KYC, many Bitcoin casinos don't. Hence they are targets for this. Membres like OP should be banned for accusing people without provding any evidence. At least we should have a demerit system to reduce the number of free accusations, thus, any one will think twice before accusing people.
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I usually use the most user friendly exchange that does not require verification and of course supports my tokens. Security is a must also especially when we know that many exchanges have been hacked lately. Another criteria is fees, I use only exchanges that take small fees, many of them became so greedy and some times you have to pay more fees than what you win from trading.
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It is safe as i know, I used it recently and every thing is OK, it is a little bit slow, and the api do not work. I think the new owner is working on something new, he talked before about launching Etherdelta2. There is nothing on their twitter page and that is what I blame them for, the lack of communication especially with the release of Idex which is a serious competitor and many traders already moved their funds from ED to Idex.
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It is never too late and we will always need miners to confirm our transactions. My advice is to diversify and choose different coins to mine depending on the profitability since it changes every day, you can use an online profitability calculator to help you choose which coin to mine. Build your own rigs to minimize costs, you can find many tutorials talking about how to build rigs.
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I will use it to buy some new coins that have big potential like Herocoin (Play), Bankex (BKX), IndaHash (IDH)... They are new released coins with a limited supply and sold at low price, it is expected they will be double by 3x to 5x before the end of 2018. If you don't like taking risks just hold your Bitcoins and you will get a good profit.
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Here is another post talking about Bitsler closing accounts without any reason: https://bitcointalk.org/index.php?topic=2938675.0I don't know if this is really true and I don't want to make any jugements before seeing real proofs. OP you should attach examples of conversations where you believe Bitsler team were arrogant or didn't respond. It is always easy to blame others but you have to provide proofs.
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You can contact them through Telegram, you will find many Chinese groups and they will lead you. Or you can write a post here, maybe you get lucky and find someone that can help you. The safest way is to go there by your self (go to China), it is always better to conclude deals face to face, besides, China is a wonderful place and you won't regret visiting it.
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I think Bitcoin turned the corner and every thing is OK since its price was standing between 7500 and 8500 during the last week despite all rumors about its death. We are waiting for the Chinese new year celebrations to end and see what will happen. I think we will never see the 6k $ price again.
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1.As a global currency every one can use this currency within a short time from every corner of the world. Not totally true, you need access to Internet which is not available everywhere. 2.Transection system is so much faster than others local or national transaction system because its online based A month ago, some transactions took days to get confirmed. 3.All holders can transfer all kind of payment after accomplishing their work. I didn't get it, what do you mean exactly. 4.Anyone can build a strong business rely on virtual currency cause currency transferring process and security system are stringer than others currency It is a secure and safe system, but there still many problems that have to be solved before it can compete with other existing payment systems.
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I don't think this crisis will afect the cryptocurrency market which is suffering already. At the contrary, maybe this crisis will help the crypto market and people switch to it. Markets are affected buy many factors and those affecting the digital one are totally differnt from thoise you are talking about.
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When Bitcoin crashes, people start selling their Bitcoins, they want to get the highest price possible to cut their losses. All smart tradersand investors wawait such opportunity to buy. Unfortunately, I don't have much money to buy now, i will wait for the next panic crisis ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Not all exchanges asks for your identity, you can find many exchanges and use them just with using your wallet address. In some countries like the US or Australia, the governments force exchanges to collect users informations or they will shut them down. If you believ that you are not doing any thing wrong then revealing your identity is not a big deal.
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Be honest to yourself... you did have a chance! You still have a chance, many new coins have a lot of potential and will boom soon just choose wisely. It is also possible to catch the train and buy Bitcoin now while its price is very low and you will regret not buying again. It is never too late, you have just to choose the right moment.
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Bitcoin volatility and lack of regulations are the main causes behind that. 3 "BTC is volatile but it always rises in the long-term so it doesn't matter". Is it does, it increases the cost of business. I can't start a bakery with only BTC capital because in the first dip I will have to take loans to pay wages. Yes, but if a merchant uses Bitcoin and its price goes down for one or two months ( like what happened last month) he will not be able to recover his losts and afford new products to his customers. Bitcoin will stabilize when the demand stabilizes but how long will it take to happen?
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Everything is a bubble, even our lives is a bubble. It can burst at any given second and just like that you will be gone. There is no bright side of life, there is just life.
You are too pessimistic, there is always good things in live and you have to enjoy them before it is too late (before they burst) OP is using bubble as an economical term not a "spiritual" term, and he is right, now we know that Bitcoin is not a bubble.
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It is a good opportunity for new comers to start investing in Bitcoin while its price is in the dip. I think the attack on Bitcoin is over and we don't hear anymore news about countries banning Bitcoin or mad people saying that Bitcoin is a fraud. All the news now are about international companies planning to implement Bitcoin and to support it (even if these news are not correct, it will help prices to recover).
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