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7941  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Can we trust Telegram Signal channel..? on: January 28, 2018, 04:56:36 PM
I have joined several telegram signal channel for signals. all are free signal channels. I followed their signal time. most of signals they give us after the pump. time different is about one minutes oh two. but they always tell they are success. lot of newbie traders have  lost of this tricks. I think some experienced traders know about this..? please help me with this..?


Giving free signals are never what they really want to do. Their motives is always to get people convinced that they are giving them profits that is actually signals that are given a minute after the altcoin's pump and then posting the premium signals for a ridiculous fee of BTC.10.

Majority of groups just want huge number of people in their signals so that they can greed them by showing some signals and convince them to purchase their services . Also just check whenever they give signals the price will always be above of their levels and then they claim target achieved etc .
no not all because me myself had also a member of some pump and dump group , as what i notice they are only giving signals for free and wont beg for a return like for example selling their service not unless it is a premium group. but overall those of their signals arent really accurate as cryptos are really unpredictable but some premium group had actually involved a whale so that they can easily manipulate the market and give accurate results to their members.
I do believe there are really some premium groups when it comes into trading signals but not totally reliable anytime on doing trading. Even on those free groups I don't have the plans on joining with the ride because most of them wont really give you the exact signal or just lying out false announcements regarding on the movement you would take either buy or sell but actually they did bought already the coins which it do end up on losing money. Don't trust anything, just be observant on how they do behave and do make such movements.
7942  Economy / Exchanges / Re: Are Exchanges becoming too unstable ? on: January 28, 2018, 04:00:24 PM
This problem is the reason why we should check where the exchanges located (the address) and who is the owner? But, most exchanges do not provide this information, so how could we trust them? Just based on others experience, right? In this case, the problem regarding exchanges service going bad or even just gone offline such as CoinExchange will always occur and repeated. I prefer to use local exchange in my country as it's easier to access the site or even visit the headquarter and meet the owner.
An address doesn't say anything, and the owners names neither. MtGox has been the perfect example of how a (at that time) well established exchange still screwed people and the entire market over, years ago.

It's a sensitive piece of Bitcoin history, but one that remains functioning as a red flag trigger of how every exchange potentially may end up in the far future. As long as people use centralized exchanges, it remains a danger.

Local exchanges are more easy to approach in most cases, but when greed strikes, and the operator sees a quick and easy money making opportunity, it will be done, that's pretty much a guarantee.

In other words, don't trust too much on location and who's behind what exchange.
When it comes to exchanges there are no guarantees, just a few days ago there was another hack, and hundreds of millions were lost as a result, leaving your money in an exchange is a risk, this is another advantage for the long term holders, traders have no option but to have their money in exchanges since they want to make profits with their trades but a holder can have all his coins in cold storage where no hacker can access them.
Using exchange wallet on keeping your tokens either for long term or short term isn't really a wise move and comparing on storing tokens on cold storages to exchange wallets would be entirely different when it comes to possible risk that might happen ahead.This is why we should really be alert and be smart on handling our coins so that we would somehow avoid the risk on losing them.Even storing them on cold storages wont really make you sure that you wont able to lose it.
7943  Bitcoin / Legal / Re: ICOs asking for passport...is it safe? on: January 28, 2018, 02:41:00 PM
Hi guys, as many of you already know, many ICOs are asking for passport verification. Is it safe to give pictures of your passport to groups we don't even know well, I mean there is something called passport misuse and identity theft or even using you passport for loans! It is concerning.
Hell No! No matter how good the project is I wont still proceed on participating that ICO which do require any documents specially passport because these kind of ID's is really very personal and shouldn't really be shared or let it to public since there would really be a risk that those information would leak out its either they would be the ones who do use such informations or they are being compromised by hackers and getting all of the passport details have been accumulated and sell out on dark market.You wouldn't even know that your identity is being used up by others.
7944  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your favorite way to cash out? on: January 27, 2018, 10:42:04 PM
Hi everyone,

I am wondering what's your favorite way to cash out from crypto world? I'd like to know your experience and which platform you prefer.  Smiley
Probably one of the easiest methods is to get a bitcoin debit card through an exchange and then use that to deposit bitcoins into your card and then withdrawing from an ATM, or you could request a bank transfer if the exchange has that option.
This is one of the possible ways but not all having the opportunity to get a card specially on far away countries. I have tried to use cryptopay because of their VISA card which you can easily reload from your own online wallet directly converted to your card which you can able to use world wide as long it is visa based then its fine but the main issue here is that the card didn't even reach out my residence for almost half a year after that I didn't tend to make use and rather encash them on our local wallet provider which is more convenient.
7945  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Too many people think ETH wave down in February because China on: January 27, 2018, 08:39:07 PM
The upcoming February 15 is China's New Year. Many people think that ETH would therefore another wave down, even propaganda to fall to $ 600 $ 700. This is a frightening news. Regardless of whether the news is true, I still believe that because many people sell ETH in exchange for CNY. Cause a little fluctuation, do you think so?
As of today ETH has broken triangle pattern in a 4 hour chart. Looks like a bullish indicator as of now but it completely depends on the BTC movements and FUD less environment. I'm going to see $1500 ethers soon anyway $1300 also looks more doable. This might happen before Chinese New year and some small pullbacks before new year probably 3 - 4 days before that.
If we do base on Technical analysis then we would really able to see bullish trend on 4 hours time frame but not totally clear on 1 day TF. When we do put up fibonnaci then those ranges is really achievable but asking for a Fud less environment wont really be possible. Anytime there would be news that would affect the market.It might be an independent market compared to bitcoin but it would really be entirely be affected depending on the news surrounding around crypto market.
7946  Economy / Web Wallets / Re: Problems with Blockchain.info on: January 27, 2018, 08:16:17 PM
I've stopped trying to link any exchange or wallet with my bank account, first and last time I've tried was with kraken as EU based, funny enough they were taking  40e fee for countries that aren't in European Union.

I'd suggest you not to try anything like that in the near future and just use localbitcoins or maybe even sell anything you need here on the forum.

Also, if you're planing on getting any ETH based tokens or anything other than BTC,BCH or ETH, you might want to look for a nother wallet.
Same experience which I don't really decide to make such mistake again. For now I don't have any plans on linking any of my bank account because of such thing which it is more better to do p2p or any other ways which is different from bank transactions. Charges would really be there and you should really expect that thing. If you do try out to seek out other ways theres lots actually.
7947  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: YoBit not responding to emails. on: January 27, 2018, 07:39:19 PM
I've emailed YoBit over 3 weeks ago now, and they've yet to respond to my initial email.

I asked to delete my account since I didn't have any use for this exchange; I've got other exchanges that I'd rather use.

Is there anyway to delete a YoBit account without contacting support?
Why would bother yourself into this issue? since you can simply just leave it there since you don't use it anymore then just let them to delete it because of inactivity. As long theres no funds inside of those accounts then it should be fine and don't make this a problem because it isn't really a problem at all. There no need to delete if you aren't using it after all. Don't expect that yobit will really fast on responding on your email because this is the most common issue of yobit exchange which they do really have worst support ever.
7948  Economy / Gambling discussion / Re: Does your family past incidents effect you? on: January 27, 2018, 06:49:15 PM
How old is the person you're talking about? If he's an adult, I don't really see how his family could really stop him from gambling with his own money.
It's understandable though that they're trying to prevent him make the same mistakes as his uncle, but if he's older than 21 they can't.

I'm not really sure if an addictive personality is hereditary, but I've found one source that says it is.
So he might be smart to abstain from gambling.

Source:
http://learn.genetics.utah.edu/content/addiction/genes/

In the end, it's really up to him if he want to roll the dice on becoming addicted or not, seems like he would have an increased chance of that happening.
I didn't even expect that addictive personality can be passed on into younger generations.The actions been made by his family isn't bad at all because they are just preventing to lose up even more money not only on money matter but also they are really avoiding on getting addicted because it is much more a serious problem if this thing attached to yourself but I do believe that it is really just matter on ones personality if you do able yourself got hooked into it. No one can able to control yourself no matter how hard they would try to avoid.
7949  Bitcoin / Legal / Re: Will people pay taxes for bitcoin ? on: January 26, 2018, 08:05:23 PM
Cryptocurrency and taxes. It is controversial topic. Noone want to pay taxet especially for bitcoin. Now this is a very profitable business and soon the government can introduce taxes on cryptocurrency nevertheless. But we can`t "touch" or "hold" it so in what way cryptocurrency might be taxed?

In my opinion, сryptocurrency may be taxed in the same way as a program or any sale or purchase transaction. Regardless of what you are selling, if you are profiting, you are required to pay tax.

What do you think?
Government might not able to impose taxes directly on transactions being made on crypto or into bitcoin but come to think off that we do make conversions from btc to local fiat which that would be the time government will really impose taxes from us. Why do people afraid of tax? As a citizen its an obligation and others do really strive to evade taxes as they can without even thinking on whats the actual purpose of it.
7950  Economy / Economics / Re: The lack of financial education on: January 26, 2018, 03:06:15 PM
The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.

Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.

What can we do to make more people interested in economy and finance and to better educate the youth so that they donīt get ripped-off?

Why would it be the government's responsibility to teach anyone about something it didn't create, doesn't control, and doesn't endorse as a currency or payment eco system? Basic financial education like the obligations of credit and home ownership would not entail education about Bitcoin or cryptocurrency. There's no sinister plot to "keep people ignorant" by the government about crypto, there's just no mandate for that type of thing to be taught because it's not anything the government controls.
I dont know why government is being blamed here why people dont even know crpytocurrencies existence. As being said they wont really bother at all to teach or on announcing it to its citizens. They do know  on what it is and it cant really be controlled thats why they dont bother at all.In fact they would really oppose and discourage people on using it once it has being discovered.
7951  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi or FIAT when selling? on: January 26, 2018, 12:58:06 PM
Actually I own a big bag of a certain crypto, that I bought at 0.0005 satoshi and it was worth like 8,18$ at that time.
Now its value is less than 8$ but the satoshi price has increased to 0.0007.

I'm in for the long run, so I wouldn't cash out these on FIAT, but I'd rather re-invest those money on another coin.
My question is if it's profitable to sell now when the satoshi price is higher, or I would go in a loss anyway even if the price is higher in btc price just because the FIAT price is down?
This is entirely depending on which you are up to. If you are basing or targeting on having more satoshis then you would always look out for satoshi price and dont minding on its equivalent to fiat.They are correlated to each other which means decision would vary on whats your target.In most cases i do always love to look on satoshi price which i can able to accumulate on those kind of movement.
7952  Economy / Service Discussion / Re: Topic considering the cloud mining services on: January 26, 2018, 07:34:13 AM
     Every day I see, more and more, post about cloud mining services. So as someone who invested in various cloud mining services back in the day, and still checking out some here and there, I wanted to write a post about that.

     As we all know, huge amount of investments is needed for bitcoin mining and with mining difficulty going up, that power is needed to be upgraded or simply discontinued because of the lack of profit.

     Now I'll be speaking from my point of view and my experiences with it. I've invested first time, in cloudmining, in CEX.IO service and actually little by little got a ROI after a few months (was also trading Gh/s but they've stopped selling gh/s now due to unprofitability) also I've made ROI with some russian cloud mining service as well (think it's closed down now) and I've barely invested 20-30$ to start with at both.

    Today, most are scams simply because bitcoin cloud mining isn't viable because of fees and rising difficulty and hence the whole concept gained bad reputation, even tho there may be some legit ones besides genesis.

    I've stopped investing in cloud mining today but still like to check out new services that come out and see what are they offering and how realistic it is. So here's how I throw away some services as scams, that's if they're:

   - offering huge ROI for a small investment
   - website that has nothing but a dashboard and buying power pages (poorly made)
   - is solely mining bitcoin, none of the alt-coins (huge red flag for me)
   - offers lifetime contracts (can depend)
   - their FAQ is only about how much are they charging and how to deposit (nothing about who/where they are or equipment they're using)
   - everything about their business is 100% good, working and just merry.


That's why I tend to trust businesses more that actually discontinue the selling of mining power due to it not being profitable (cex.io) and actually putting a disclaimer about investing that it might not be profitable and should not be considered as a primary source of income (EoBot).


Again, this is not me telling you to go and invest in cloud mining and vice versa, just saying that there still may be some legit ones that are actually focusing on various profitable alt-coins rather than just bitcoin. Do you own research before investing and DO NOT invest more than you can cover.

Any feedback would be appreciated. Thank you.

 

The problem with most newbies these days is that they think cloud mining is an easy and profitable way of making quick bitcoins. There's a whole lot of youtubers out there that are affiliated with cloud mining networks, and newbies will obviously see their profits and think that it's reliable, passive income.

There are defintiely legit and profitable opportunities out there, but they depend on altcoin prices. SHA-256 mining is definitely not that profitable anymore, and that is if you get any profit to start with. And even if you make profit off altcoin mining, it is unlikely that you would have made a lot less from just investing in the altcoin itself.

Other than it being a way for newbies to get to know how the business works, I just don't see anyone making a long term profit off just cloud mining.
Can't blame them for their lack of knowledge about it. Different individual have different knowledge,skills,attributes,excels and most of all their perspectives, we can say cloud miners are a bunch of idiots they don't know the math yet investing in a large community with so many competitors and no certain possibility you will earn or even profit from it. For me it is risky as fuck. I hope more newbie's would be aware and guided from this scheme and avoid such high risk.
If you are just seeking out for altcoin contracts then why would bother on using shady cloud mining websites that do offer those things? Reason is that they do offer much more higher returns on a single day with too good to be true offers which if a newbie will able to see it they are easily being deceived on what is being offered.If you do seek for alts contracts then better go for hash and genesis but same as being advised above never invest on the amount that you can afford to lose.This would really have a high risk on losing money instead of gaining on a short duration of time.
7953  Bitcoin / Legal / Re: Minimising Capital Gains Tax on Cryptocurrencies on: January 26, 2018, 03:20:30 AM
Any suggestions on how one may avoid tax or minimise tax on crypto currencies?

This would be entirely depending on how your country or place do impose taxation laws.If they are strict on implementing this then its better not to avoid and follow their regulations if you dont like to suffer problems ahead. If they would able to trace you out on your earnings on cryptocurrencies they better not to insist but rather pay up on what they required but i do believe this is only can be seen on some countries which are strict when it comes to cryptocurrencies but most of the time countries arent put too much focus on this one.
7954  Bitcoin / Project Development / Re: New Cryptocurrency price website on: January 26, 2018, 02:31:51 AM
Guys Kindly ask for your review and suggestions,
What I like the most is the speed that everything is refreshed/updated.

Suggestion:

Upon adding a certain coin to the "favorites" section (at the top), it would be best to automatically remove them from the 2nd table instead (from "All coins" section).
It would be much better if it would be shown into another window( I would prefer this way so that the main window showing off coins wont really be replaced ) but this is only just my preference since people do have different choices on the what suits them best. I cant argue on to those people on what they are saying here.I do love the fast load times, user-friendly but one thing questions me about the name site i though it is just eth related.
7955  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: ICO Signature Campaigns - Results and Benefits on: January 23, 2018, 09:42:27 PM
The benefit of signature campaign from bounty hunter side is that they could get a few pieces of coins by helping the promotion of the project.
That's how bounty bounty works and one of the ways a certain project that distribute their tokens at the same time people do promote or make an exposure of their project.

Bitcointalk is crazy popular.
Just see how manu posts are being posted per HOUR!
Crazy.

I believe the signature bounties have some good results.
Not all the times that those bounty do give good results but this place is indeed the best way to advertise since this forum do have the traffic when it comes to crypto.
7956  Economy / Service Discussion / Re: Cloud Mining.... Does it pay? on: January 23, 2018, 09:10:53 PM
Ive read alot about cloud mining and have a small  eth/zcash/monero contracts with genesis.  I was just wondering if anyone could share some experienced info as most of my contracts are only a few months old and I wanna know if its worth expecting much a return... thanks
About those altcoin contracts if we do base on 1 year duration which is commonly being set by them I do see that you would really gain profits but wont be an assurance for you that it would last until into those days that you reach roi. Genesis is been here for how many years already. This would only be worth if they do offering lifetime contracts but now they do have duration which would really put hesitation for me to invest and come to think of that most cloud mining sites are scams.
7957  Bitcoin / Project Development / Re: I want Physical Bitcoin! on: January 23, 2018, 08:48:20 PM
:)I don't know if this is possible by any one company or organization, and don't know about what the procedure will be to realize this as well.
But what do you think about the concept of physical bitcoin? I remember hearing a while back about someone who actually did created a few physical bitcoin. But what about in more public approach, I mean, especially for people who actually want to hold bitcoin for long.  Smiley Smiley
There are really some physical bitcoins being created but not totally having the essence that do act as a legal one or really on circulation since those coins are just good for collection. You would able to find most sellers of it here on this forum specially on digital goods section where you would able to find out people selling it out. I have bought some physical bitcoins too but those bronze one. Grin
7958  Other / Off-topic / Re: Why bitcoin is so hight? on: January 22, 2018, 09:21:12 PM
As a beginer I dont understend why bitcoin is so hight? I know thet that is sequence of numbers which were calculated by computer. But why people buy and sell it ?
First of all better to construct your grammar first before tending to make post so that public would able to cope up the complete thought of the thing you are asking on here. Hight= High.
Answering your question is that bitcoins price or value do depend on the demand and yes bitcoin is just being run by codes but if you would able to understand on what its actual purpose then you will able to realize that it is indeed a great invention being made.
7959  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Altcoins vs Tokens - What is more likely to crash the crypto market? on: January 22, 2018, 08:02:46 PM
Hi Crypto revolutionists!

Our analysts believe that altcoins created for the purpose of serving as a p2p currency will sustain and grow the cryptocurrency eco-system, where as crypto tokens created for the use of crowdfunding will eventually halt, slow down and eventually crash the crypto market.

What are your views?




Sidenote: Tipity is a P2P Altcoin that is a small but hugely important part of the cryptocurrency revolution.
Website: https://tipity.xyz
Whitepaper: https://tipity.xyz/wp-content/uploads/2018/01/Tipity-Whitepaper.pdf

I would just like to ask you this, what is altcoin by the way? Which thing are you referring to if you are differentiating it from cryptocoins?. I don't know on what sense is the difference between altcoin and a crypto-token. Please do enlighten me?

I have seen the links of that New coin again but I wont bother to read it up until you do answer such questions.
7960  Economy / Service Discussion / Re: Bigcoindeals.com on: January 22, 2018, 06:05:16 PM
also, after my order, they didn't reduce the number of currently available, but I haven't paid yet either...
Nice try to test the site and on that very first thing you can actually say that this service is a totally scam. Even web design is so unprofessional. So I dunno if someone got scammed with this site

Another shady thing is that they use whois privacy - what legitimate business covers its details? Roll Eyes

http://whois.domaintools.com/bigcoindeals.com
Exactly Roll Eyes

No one knows if someone gotten scammed but for sure they would whine up here on this forum or any places on the net that they are being scammed by the site. This is newly built website and I agree on the fact been said above that no legitimate business would hide themselves into the public that thing already a red flag.If things do hesitates us then its better to ask than to risk on buying. Money is so hard to earned and its not worth to give it easily to scammers  Cool
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