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7241  Other / Beginners & Help / Re: Is it too late for someone with a small savings to get involved in Bitcoin? on: December 22, 2017, 01:17:56 PM
A friend of mine began talking about Bitcoin with me a few months ago... When it was valued at $2,000 a piece. A price point in which I can work with!
Within what feels like a blink of an eye, it's now at $15 k and all I can wonder is how a "small timer" like me can get involved. Have I missed the mark?
Now is that time a "small timer" like you can buy in. The correction is here and has taken the bitoin price into a plunge to $13k from an initial height of $19k+. Buy now if you can and do it immediately if you will. We expect the price to rebound and make its way to $20k+ before the end of Dec.
7242  Economy / Trading Discussion / Re: Long awaited Bitcoin correction(+) on: December 20, 2017, 12:49:30 PM
The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC
The moment of that correction is already here. Personally, I awaited it two weeks ago. But I don't believe it will hit rock bottom to the point of $12,000. That level will be highly difficult to revisit. We should welcome this correction as it will further propel Bitcoin to a new ATH.
7243  Economy / Economics / Re: How does bitcoin contribute in global market ? on: December 20, 2017, 10:41:04 AM
Once buying and selling traverses one country and involves people of country A to country B, C or D, then we can conveniently say global trade has taken place. Bitcoin has been able to do and achieve this. One can do online shopping from any part of the world and pay with Bitcoin. An ICO in Asia, Germany, England, Japan could be successfully executed from memebers outside these areas. The list is endless.
7244  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE on: December 20, 2017, 08:07:56 AM
We cannot pay our members payouts via Bitcoin anymore, this is completely impossible.
We sent payments ranging $1 - $10 with fees of $2 - $6 already 5 days ago and these payments are unconfirmed.

We are going to change our approach and be among the first businesses that pay in Bitcoin Cash and stop paying in Bitcoin.
It's just impossible to work with Bitcoin anymore.

Are you guys wondering why people move to Bitcoin Cash? It's not only because of speculation, it's because Bitcoin in its current form is a dead zombie walking in Crypto land.
Yes, you are right and this is sadly worrisome. Perhaps that explains why litecoin and Bitcoincash are getting a lot of patronage lately. Besides the discouraging fees for small transactions there is a whole backlog of unconfirmed transactions waiting in the blockchain for days unending.
7245  Economy / Exchanges / Re: CEX.io - please tell me what you are doing about your long term customers on: December 20, 2017, 06:59:25 AM
If CEX.io monitor this please tell me why you justify your poorer service to established customers because of the increase in new customers. As a long term customer of yours why should I have to wait longer to withdraw fiat because you are taking on more customers than you can manage.

This is a general problem with the exchanges or perhaps they few I use. Poloniex and voine are not exempted from this blame. The lag a lot in their response to customers complaints. Withdrawals are delayed but deposits are not. I have always resorted to using their social media handles like Facebook and Twitter to resolve my problems. Support is wack, just there to fulfill cooperate social requirements and nothing else.
7246  Alternate cryptocurrencies / Altcoin Discussion / Re: BCH is in Coinbase Wallet now! on: December 20, 2017, 06:01:23 AM
Holy crap it's ugly!  Causing BCC to fall, hopefully not killing the value of too many alts.  Binance is steady at around $3,500-3600 but that will change fast.
You are a shitposter! Go read how to post.


Back to the OP. I believe those who now sing a  praise for BCH were the chief FUD spreaders about the BCH when it was newly forked from btc core a few months ago. People should just learn how to keep quiet sometimes on matters they do not understand, rather than misleading the people and screaming scam.
7247  Bitcoin / Press / Re: [2017-12-19] Youbit Exchange Files For Bankruptcy on: December 20, 2017, 05:00:44 AM
Is there an exchange with that name? I know of https://www.yobit.io or https://www.yobit.net (both are the same site and are not having any bankruptcy issue). YoUbit isn't the same as Yobit as many would quickly assume it is the popular Yobit exchange. I know this piece of news will greatly misinform the public. Especially, those who knew about the issue around the now defunct novaexchange.
7248  Alternate cryptocurrencies / Altcoin Discussion / Re: WHAT İF I TOLD U RİPPLE İS REAL BİTCOİN on: December 20, 2017, 04:06:25 AM
Don't just tell us what does not exist. Let ripple prove its case. Its billion supply won't even allow it breath out of the cent level it has remained for years. Comparing it with Bitcoin is undeserving. The only thing that can quicken it growth and value is if the devs stopped printing more coins and then burn the excess. The countless news on Ripple won't help it appreciate much. At the moment, ripple should be compared to dogecoin.
7249  Economy / Marketplace / Re: How to 200k satoshi mount with faucet. on: December 20, 2017, 02:55:30 AM
OP, the faucet links you put out here are genuine. I have dealt with litecoin, dogecoin and Bitcoin (even though I couldn't reach the claim amount on btc) through the moonsites and would say the sites kept to promise. Those were my newbie days and It was really stressful. Notably, there are so many scamming faucet sites out there and people should be careful if they must do faucets. However, I warn that people should keep off faucets. Faucet is a complete waste of time. It's purely slavery. It doesn't really matter if you are from a third world country or not. You will pass through the unnecessary stress and the reward won't solve a thing.
7250  Alternate cryptocurrencies / Altcoin Discussion / Re: Whats your experience with Binance? on: December 19, 2017, 10:52:13 PM
Binance is quite a new exchange on the list but it is surprisingly good. I was one of the few traders who started with them where they barely had up to ten coins on their exchange. I haven't had any issues since I started with them this year. After from the mandatory verification, there isn't any other security inconveniences.
7251  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the best XRP wallet? on: December 19, 2017, 07:57:04 PM
Your questions are two. Let me take the question on what wallet for ripple and other altcoins is great. I will like to suggest that you try Freewallet from playstore. That's if you use an Android phone. Coinomi is also nice for a multi-wallet. The second part of your question which is on what coins individual members own. This is a difficult terrain for everyone. Difficult in the sense that most people don't buy and keep these coins. We trade them for profit.
7252  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin's dominance stay above 50%? on: December 19, 2017, 06:20:32 PM
Technically, the dominance in percentage doesn't really matter as dominance in price. In the first quarter of this year Bitcoin hovered between 87-93% in dominance of the CMC. In spite of that the price was below $2,000. Now, even with  a much more decreased dominance the price is over $18,000. I think price dominance is what should concern every btc holder and not percentage.
7253  Economy / Economics / Re: Is Bitcoin the next big thing? on: December 19, 2017, 02:32:58 PM
For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?
Whether the dollar trips or not under inflation, Bitcoin has already proved itself the big thing. It is not "the next" because it already exists as the big thing. Nevertheless, it is quite confusing the way you put out your statement out here, OP.

2017 has shown a tremendous growth in the crypto world with Bitcoin providing a leading role. We expect that 2018 will supercede it and then prove to all that cryptocurrency has come to stay, and not a bubble.
7254  Alternate cryptocurrencies / Altcoin Discussion / Re: will deeponion become the second bitcoin? on: December 19, 2017, 05:36:12 AM
Really? Comparing a low altcoin to bitcoin is really insane. However, OP there is a mega thread on scam accusation against the deeponion coin in this forum in case you don't already know so to avoid investing on it until you are sure it isn't a scam. I will try put up the link.
7255  Alternate cryptocurrencies / Altcoin Discussion / Re: Yeah, we're in a bubble... on: December 19, 2017, 03:09:08 AM
If u check just news u ll start to doubt about cryptocurrency but this trend is working more than 8 year and it ll grow every day dont read all day news Smiley
Agreed, but there's a real frenzy now going on right now. I just wonder if traders will be taking some profit before the new year. It's month end after all. Market always seems to drop at month end.
Are you trying to spread another FUD so that holders would embark on panic selling like the JP Morgan did? Dude, that strategy has ceased to work a few months ago. If you check the bitcoin chart you will discover this. It has always been uprising except for a few corrections here and there. Goodl on your ill journey. Negative news can't really destroy cryptocurrency. It makes it popular.
7256  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the future of Electroneum token? on: December 18, 2017, 07:08:05 PM
i will advise you to hold the etn. if the price of cardano with 25 billion in circulation could be 58 cents then there is chances that prices of etn with 5 billion in circulation can reach to 40 cents.
You talk of profit in cents while most people holding the electroneum coin dream it could get to $50 before 2020. In fact. There are many who dream of owning a Lamborghini from profit of electroneum bought at ICO. To say the truth, there is so much confusion and noise around electroneum and I give kudos to the dev for always staying on the media to update the people. Otherwise, it would've gone down in history as a scam like bitbase.
7257  Economy / Trading Discussion / Re: Psychology of waiting on: December 18, 2017, 05:27:56 PM
I have now heard a lot of people talking about they are waiting for bitcoin to drop, so that they can buy bitcoin. But these guys might have said that since 6k$ and are still waiting. What do you tell those people, to try and make them understand that waiting for a drop can cost them huge percentage gains?
Waiting is a virtue in both the cryptocurrency and forex trading businesses. It is so scarce a virtue that many don't have it. And that has often led to losses for many. However, for anyone to wait and hope that Bitcoin at this time will plunge back to the $10k region, let alone $6k, is only daydreaming. Given the recent activities and acceptance of bitcoin which has caused demand to skyrocket, it will be very difficult for that to happen.
7258  Economy / Trading Discussion / Re: Transfer My Entire Savings to Cryptocurrencies? on: December 18, 2017, 03:25:07 PM
I am at a point in my my young life where I need to make a decision about my finances. I have a good amount of money saved up in my Robinhood account, and I have been putting it in the stock exchange, making a steady but positive return. Keyword here is positive. I am very conflicted right now because I think I can earn more money trading cryptocurrencies, but the risks are so much greater.

I have a couple good alt-coins in mind that I would like to buy, but don't have the capital because it's all tied up in stocks. Also, is there even a reputable enough exchange that I can put ~$50,000 in and not worry about it getting hacked or stolen? I mean, with stocks, if in the off chance that my account gets hacked, they still need verification before money can be sent, and my money is ensured by the government. With cryptocurrencies, once it's sent, I have zero chance of getting it back.

What should I do. Should I move all my money from stocks to cryptocurrencies? And if I do, which exchanges are reputable enough? I currently use Binance and have only $1000 in there.
First off, let me start with the exchange advice. Yes, you can use Poloniex if you seek an exchange that keeps a clean record against hacks. But I wouldn't pile up that huge amount in an exchange if I were you. Secondly, don't plunge all your savings into a single business venture, no matter how lucrative you think it is. You can do 50% if you think the business is a money spinner.
7259  Economy / Economics / Re: Israeli PM: Bitcoin Could Replace Banks on: December 18, 2017, 01:00:53 PM
Well, I don't think that is true. No, not because the PM of Israel isn't an expert on cryptocurrency. But because nothing is ever going to replace the banking system. We will always need them. Bitcoin is a complex phenomenal that is mostly understood by the upward mobile youth and tech guys. Banks are understood and used by both the old and the young.

However, what happens is this. Bitcoin will do to banks what e-mail did to the postal agency. Simple! It will diminish its strength.
7260  Bitcoin / Bitcoin Discussion / Re: What Can You Say On Bitcoin's Transaction Cost? on: December 18, 2017, 08:24:31 AM
This situation calls for concern as it has become overtly discouraging for people transacting in bitcoin. It is now becoming the bane of Bitcoin and may likely drive away its fans if not corrected. Miners don't really care again. They just want to extort the people and this is really affecting micro transfers.
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