it is probably another bug in ethereum or in its wallet that they are using. you need to contact Yobit to fix the problem since they are the ones sending the transaction and it has failed.

it is also possible there is a problem with gas it provided, i am not completely familiar with Ethereum and how it works but you can take a look at this answer, it may be relevant:
https://ethereum.stackexchange.com/a/11943

bitcoin price rising is not really something strange or new!
maybe your confusion is because you are new to the world of investment. in this world when some new investment (in this case) technology comes out there will be an adoption phase where new money keeps coming in and invests in that technology (in this case buys bitcoin) and because of that price keeps going up.

and because this new money is constantly adding up and the adoption grows the price can not drop. the drops you see are because of fast rises and orderbooks being small (with small order sizes) which leads to correction of price. and will soon continue going up as we have seen many times.

i searched a lot for bitcoin arbitrage but was never able to find a good enough opportunity to want to try it.

but i have tried altcoin arbitrage.
i can really call it profitable, because the risk is high with all these broken altcoin blockchains but i made some small amount of profit.
i think it is not worth the risk to do it unless the amount you are risking is not that big but the profit is huge.
something like a 0.1BTC risk with >30% profit is what i'm talking about.

all the altcoins are rising, and no sharp rise can be sustained, all of them are considered bubbles which will pop hard sooner or later.

i haven't been paying much attention to RDD but it is mostly because i thought it is dead and i missed the chance to ride the rise

for dogecoin it seemed like 189 satoshi was the ATH of this year's rally and can't go anything higher than that. currently it is struggling in 120 satoshi range. and when i say struggling it means it is profitable to buy at 100-110 and sell at 120 because it is about 10-20% profit easy! although it is riskier because we are after a pump.


Doge will never reach $1 but that is not because it is "failed crypto currency" it is simply because the creators weren't thinking when they were deciding about the supply of Doge!

sending almost all of the cryptocurrencies between exchanges is easily possible.
almost all means cryptocurrencies that only require an address to receive the funds. majority of them are like this, including bitcoin. you just copy your bitcoin address from your exchange wallet and enter it in other place to withdraw to.

some of them are a bit more complicated and can not be used this way.

if by "buy" you mean invest in for short term to make a big ass profit then obviously the answer is ETH!
it is centralized and has a lot of pumpers working on it and on top of that it has a very strong advertising team which contributes to its pumps during the time they are happening.

you just have to find that exact time to get in and make sure to sell on top of each peak to get out fast to make the most profit out of the pumps and not give anything to the pumpers.
rinse and repeat.

ETC on the other hand has a better decentralization but it lacks the pumping team, and that means smaller pumps and smaller number of them.

there simply won't be enough demand for bitcoin as just an asset to invest in. the only way price can rise is if new demand, with new money comes in and that will only happen if real adoption happens. real adoption of bitcoin as a currency on top of being an investment.

i doubt if bitcoin can replace any currency (fiat).
bitcoin is global and decentralized while fiat is centralized and belongs to one country and they wouldn't want to change that.

first of all the price volatility is terrible in alts, specially Ripple. it can be one thing now and half that amount the other minute.

secondly you will have to pay a lot of fees in the process of exchanging bitcoin to alts anyways so in the end it is not really worth it (a transaction fee to deposit to exchange address and 1 trade fee to trade to alt, 1 alt transaction fee to withdraw) bitcoin fee is not that high

and finally there is nowhere to spend any alts, specially Ripple.

Done, thanks.

I would like to join.
172Q2AC7qR8NPXCT5eixfdHMxYcegW4YwB

Please let me know if I am accepted so I can change my signature.

the consensus dictates a certain rules. rules such as what the size of blocks should be, what the maximum supply should be, or what the block reward should be and so on.
anything that changes that is a fork of bitcoin. and if that fork can get enough support, that becomes the new consensus.

and consensus is not just some people in a meeting, public or behind doors talking to each other. it is the whole network. the miners who provide the hashrate, the users who express their opinion by running a full node supporting different forks/proposals and i supposed we can say also businesses running on bitcoin but they can be counted as users and nodes too.

What is consensus?

isn't implementing this right now going to cause bugs for those modified nodes?
for example imagine a malicious node giving them blocks bigger than current 1 MB consensus, like what happened a while back (i forgot which pool it was) with the one bigger than 1 MB block.

won't these modified versions accept that block as a valid one and cause some troubles? like being blacklisted by other nodes since they are broadcasting an invalid block as their inventory?

1) if every single user of bitcoin stops using it then it will shut down. otherwise it can continue as long as someone is mining blocks.

2) there was no premine in bitcoin. that is a notion for shitcoins in the altcoin board.
the coins belonging to Satoshi were mined. you could have mine the first blocks too if you bothered to notice bitcoin like many who did and mined simply with their CPU and running the bitcoin-QT wallet in the early years.

3) if the overwhelming majority decides to change the supply or anything else for that matter they can do it. otherwise any change like that will lead to a fork aka an altcoin.

for a bank transfer or credit card you have to use an exchange platform. the befit of that is you are using a relatively safe place to give your personal information and buy bit and also the price will be at normal lever (cheaper than other options) but the disadvantage would be your bank knowing that you are making a deposit into a bitcoin exchange website and buying bitcoin with it. you may be subjected to taxes.

using paypal, you will have a hard time finding someone who is even willing to sell you bitcoin in return for paypal since bitcoin has no charge back but paypal does. and you will end up buying at higher price.

same goes with cash as far as price is concerned. it will cost more, but since cash is cash you will get the most anonymity possible when buying bitcoin.

trading has always been the best and the fastest way of increasing your bitcoin by making profit on them. but that doesn't mean the process is going to be easy though.

one of the disadvantages of trading is that it can easily fool you into believing you are good at it. believe me i have been there
when you join an uprising move and simply click buy without knowing what you do and then make a shidload of money and repeat it another time and succeed you start thinking you are good. but this market is so cruel specially with altcoins. it will turn on you!

as you can currently see the altcoin bubble is popping for most altcoins and those who are left behind will lost a big percentage of their investment.

why 4 years!
are we already assuming this is 2013?
in which case there must first be a huge rise, lets see $6000 first and then go into depression over the recovery from the possible futuristic bubble.

love the picture though

what i think is that instead of thinking about what other people do in your imagination, it is best if you get on board and start buying bitcoin. the rich didn't get rich by sitting around and asking about what the rich are doing

it is not necessarily yobit who is putting up those walls.

when a shitcoin is dead at 1 satoshi or lower, as long as its network is functioning, it means someone is mining transactions and earning some reward. and the miner will dump that reward on the market. and the 500BTC+ walls show how bad the reward of these altcoins are. and also proves that the coins with a big circulating supply are terrible idea because miners will always gain these huge rewards and dump and kill the price.

it depends on what you are talking about, bitcoin or altcoins and which altcoin and when!

there are a lot of factors to consider.
for example for bitcoin, any loss is tolerable because in the long term bitcoin will ALWAYS be profitable. right now and in the foreseeable future price will be cheap no matter what that number is. you may think $2000-$3000 is a lot but it really isn't even half big.

as for altcoins since i always invest in them for short term, the situation depends on how the market was before i went in. for example if the price has already risen some amount and then i go in, the loss that i tolerate will be small, if price shows signs of dropping i will dump it ASAP. but if it is in the very early stages the loss i will tolerate will also be bigger. i can't give you any numbers because it is always different and i have to see an example to come up with it.

yeah you will wake up someday and see miners are pouring petroleum on top of their millions of dollar and lighting it up with a matchstick watching it burn to the ground.

because that's what "an unexpected hardfork" you are FUDing about looks like