The fee you will pay at some point depends on many factors, and in order to properly determine how much fee to pay you need to know some basic things. Each transaction consists of your coin address from which you send (input) and the address to which you send (outputs). The more inputs and outputs, the bigger your transaction will be, so you will have to pay more.

If you are wondering how much more, it again depends on how fast you want the transaction to be confirmed, and that again depends on the current number of transactions waiting in one virtual waiting room we call mempool.

For example if you currently want your transaction to be confirmed in the next block, you need to pay 8 satoshi/byte, and for a standard transaction of 1 input + 2 outputs it would be about 250 bytes in size. So 8 satoshi x 250 = 2000 satoshi

Those top individuals you’re talking about like EM are special after all, and we little and ordinary people can’t compare to someone who has about 50 million followers and hundreds of billions of dollars. Such people are influential precisely because of these things, and have an army of blind followers who respond to their every word - and thanks to the digital age they can create a bad or good effect within minutes.

No matter what anyone thinks of such people, it's certainly better to have them on your side than against yourself - and how much it helps or doesn't help Bitcoin time will tell. If you want to help Bitcoin, use every opportunity to explain to people what it's really about - you have the opportunity to do it every day on this forum or in real life.

Scrypton, no one provides the service of selling or buying cryptocurrencies free of charge, because the various fees they have are what they generate income from. I think you should study well the part about the fees of the application you use, and if you think those fees are too high you should look for an alternative.

Even though you think the fee is too high, or you lose money on every transaction, you need to know that you would surely pay a lot more to perform such a transaction on crypto ATMs which have probably the highest fees when it comes to buying/selling cryptocurrencies.

There is a way to sell your crypto directly to someone for cash (if you would find such a person), but it is always a risk because you come into personal contact and work with strangers. Security and simplicity of service always come with a price, and if you have no other choice you have to pay that price.

I hope these are temporary technical issues. I can also confirm that the data is not currently displayed. As for alternatives, apart from the already mentioned services of our member @bitmover, I think https://mempool.space/ is one of the most frequently mentioned, but of course there are some other services like this https://mempool.observer/

Which analysts and which prominent stocks? There are various analysts and theorists who use the internet to present their ideas, but why should they be trusted if their analyses are nothing but mere speculations?


You may also believe that there is a Santa Claus and a tooth fairy, but that has nothing to do with reality. Don't portray a pandemic as something that has destroyed the world, nor will it destroy it in the future, things will get better this year - unless you believe in conspiracy theories that the vaccine is not really protection, but has some other purpose. If it has ever been easier to predict a trend then it is now, and even the birds on the branch know that the year after halving has always resulted in an incredible rise in the price of BTC.


Well, of course the market can't go up all the time, but you're announcing a cataclysm based on nothing. What will happen, will World War III start or will we be attacked by aliens?


In the same dollar that has been printed in the past year in an amount that is about 40% of what exists at all? People are looking for some kind of insurance from just such a policy of printing money, and you will keep your wealth in fiat?

It is difficult for people to accept that the forum has taken such an attitude towards scammers, because in real life such people are prosecuted by the police and the judiciary, and they are punished in accordance with the law. Here, the greatest possible punishment for a proven scam is to give someone the opportunity to leave negative feedback or create a flag - which does not prevent scammers from continuing what they have done before.

In a nutshell scams survive in the online world because no one wants to be an online police and try to punish them - I wrote once long ago that I could compare it to the real world in the following example : A man scam, say, 10 000 people and steals a total of $1 million - instead of being punished and imprisoned, he gets a T-shirt that says scammer as a warning to others - we all know that T-shirts are the same as tags or flags, throw away a T-shirt or create a new account, you are free to scam again.

You don't need to be a financial or economic expert to conclude that there are people who can't afford to buy Bitcoin because they earn so little that it doesn't even cover their basic living needs. They don't care if the price is $100 or $10 000, the only thing that matters to them is that they can put some food on the table every day, because there are people who are practically starving, and statistics say that almost half of the human population is hungry, and about 10% literally die of hunger because they don’t even have a plate of rice a day.

On the other hand, those elites you mention have the money to live a hundred lives, and they don't care too much what the price of BTC is - they just want to get into the game, and they will pay regardless of the price. However, we cannot say that people did not have enough time to invest in BTC at far lower prices than is the case today, because back in 2016, 1 BTC could be bought for less than $1000.

I don’t understand how someone can not do the most important thing when it comes to any non-custodial crypto wallet, and that is to be sure to make a backup? I've never had a Trezor, but I know Ledger warns about that in the instructions that come with the device, and backup is also an integral part of the first setup - it's pretty hard to ignore all those warnings.

I hope the loss isn’t too big, but I’ve looked at what the price of ETH was during 2017 - and it ranges from $8 at the beginning of the year, all the way up to over $800 at the end of the year.

Why do you think they can't seize something under their direct jurisdiction? All the crypto that is under the control of Coinbase is in the true sense of the word theirs, not those who bought it or stored it with them - if they only confiscated the funds that are there, we are talking about 1 million BTC. There is no need to know whose funds are on the crypto exchange, you simply confiscate everything.

All those who haven’t figured out what Bitcoin allows them compared to a bank account, live in one big lie to own something - and in fact they can be left without it at any time. If anything went wrong, then it’s the fact that people didn’t realize they needed to be their own bank - instead they still believe in banks, only in this case it’s a crypto bank.

I remembered that an identical debate had already taken place around a similar thing, and that even the price was similar. I can't say for what exact reason people set such high prices, but it certainly won't bring them profit or survival in the market. If you check the linked thread you will see that the site no longer exists, so it seems that the owner was not very successful in his business.

Watertight Nano S and X case
Reddit Link

$10 000 has always been a very important psychological barrier, and before that the same thing happened with $1000. People are always weak at such numbers, and that will never change. If you ask people what interests them most at the moment, I believe many would ask the question "When BTC $100k"?


There is definitely truth in what you wrote, because such a big correction would mean that something terrible happened, maybe not exclusively related to Bitcoin, but something like declaring a world pandemic. I agree that there is too much money in the game right now, and that it is definitely not as easy to manipulate the market as it used to be.


Personally, I wouldn't be happy for the reasons I've already mentioned above, but I would accept it as something that's quite normal when it comes to Bitcoin - I remember a time when its price was below $200, so I wouldn't consider $10 000 an absolute tragedy if I considered only the price as such.

We should not delude ourselves that such a possibility does not exist, it is quite realistic if the US government estimates that Bitcoin is starting to pose a serious threat to their national security as they like to say. The problem for Bitcoin is actually that too much has been centralized in just one country, so some kind of ban would really have a catastrophic effect first on Bitcoin, but also on the entire crypto industry.

Still, we need to ask ourselves, are all those who invest in BTC are so stupid (I mean US investors) that they don't have at least some insider information that would suggest that something like this could happen at all? I hope that they still know better than us ordinary people, and that they are an indicator that the ban will not happen - which does not mean that we should not expect even tighter regulation when it comes to cryptocurrencies.

You're welcome, though I wish I could really help you solve your problem somehow. It seems that the only thing that could have any effect is to file a lawsuit and claim your rights in court, of course if you could find a lawyer to represent you for free.

If you haven’t already, maybe you could share your case once again across all the social networks of Paxful and thus try to get their attention?

https://paxful.com/community

Of course, there are such people, so although it is not recommended to use Electrum or any other desktop wallet as a hot wallet (for a good amount of coins), the degree of security depends on how much that person is aware of the dangers to which he/she may be exposed and whether he/she knows how to protect himself from them. Properly configured Electrum on a computer that is 100% virus/malware clean, and has adequate protection is not something that should be considered insecure, but why risk it that way if one hardware wallet costs only about $50?

If you look back a few posts, then you can see that Electrum can also be used as a cold storage (airgapped device), and a watch - only wallet (online device).

FaucetPay is microwallet, and the point of such a service is to accumulate rewards from the faucets in one place, and once you reach a certain threshold you can make a withdrawal to your wallet. This is the only way faucets can work, because how else would you do faucet transactions to a user worth only a few satoshi?

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As for the specific site (bitcoinker) i get an error when i try to access it so i can't check if they have any other payment method besides FP but i read the review on TrustPilot and people claim that faucet is SCAM.

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I never had a problem with FP, it worked without a problem until the hacking - and the mistake made by the OP is to use their deposit address for faucets claim, it's only his fault.

If you haven’t learned by now that Bitcoin is extremely volatile, maybe it’s time to realize that now so some things will become clearer to you. We all remember what happened a little over a year ago, so if we accept that corrections of as much as 50% are happening, then the answer to your question is in the next sentence.

Bitcoin below $50k is something that is quite possible, there is no doubt about it - and as far as lower values are concerned, it is possible if some big correction happens, so I believe that we should be ready for everything.

However, this is an extremely bullish year and I personally do not expect any major correction, the trend is still positive despite the fact that some do not understand how the market works - the price can not constantly go up.

I wouldn’t say that speculation about the ETF was the reason for the 2017 pump, because if anyone forgot at the end of that year the first BTC futures appeared - Bitcoin debuts on the world’s largest futures exchange, and prices fall slightly. It's a whole other story that people at the time (and some even today) didn't know the difference between futures and ETF.

The similarity between 2017 and 2021 is that both years came after halving, the difference is that in 2017 the pump was mainly due to small investors, while now a significant role is played by large investors. The difference is more than visible, a large amount of BTC has been removed from the market, demand is constant and production has been halved compared to 2017.

Cloud mining is the best way to lose money, don't fool people with false promises because you won't do well on this forum - we know it is 100% SCAM.

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Everything is subject to change, but as others have commented, anything that would interfere with the basic features would actually be the creation of a new coin - and the original Bitcoin should just stay at its max supply, so Satoshi determined, and it should be respected. If you want to see what happens to alternative BTC that have a max supply of tens of billions best to take a look at all the BTC forks -> https://forkdrop.io/list-of-bitcoin-forks

No matter what, the original will always be what people follow the most - it is the only decentralized solution in the literal sense of the word - all other crypto projects have someone who manages them in their own interest.

rajkkk, I don't want to scare you, but be careful with services like Paxful, especially if there is any possibility that they will freeze your funds for some reason. I've been following this case for a long time, and I have to admit that it's really weird for me that Paxful is behaving this way - someone did something good or bad, but it doesn't take anyone with common sense to figure it out for 1 year - and that even after that there is no end result.

Perhaps their service is best illustrated by the data that as many as 57% of users consider them bad or poor service.

https://www.trustpilot.com/review/paxful.com

A very bold speculation based only on TA, and that is something that unfortunately cannot predict the price, at least not in the long run. For me personally to say that BTC has already reached its maximum ATH this year is pretty ridiculous, especially considering that we are in the year after halving, and that the interest of big players in BTC has never been greater.

Relying solely on TA in these circumstances is something that doesn't make much sense - because the ATH you're talking about can be broken today or tomorrow with the help of one big piece of news. I agree that the $60k zone has shown a lot of resistance, but I just don't see that this bull run can end this early - but as you say, time will tell if you were right.