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801  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why is ETC suddenly rising? on: November 05, 2017, 08:55:59 AM
The name of the thread says it all.

ETC seems to be on fire lately, any ideas why?

I wouldn't really say on fire because the gains that were brought by in recent days were just 10% or so. Nothing major at all, of course good for ETC investors but it's probably not even in the top 3 in terms of daily gains at the period of the pump.

Honestly, a lot of times coins just get pumped without any reason. ETC seems like one of the cases and now there is a correction.

There's also a guy who's signaling ETC getting higher, which i don't have a stance on honestly.
802  Alternate cryptocurrencies / Altcoin Discussion / Re: How to get back invested money from ICO ? on: November 05, 2017, 08:53:37 AM
Hello, as everyone can see, a lot of ICO's price dropped significantly and founders are not delivering anything, because they don't care. People lost their money and hope.


Is there a way to get investors money back by involving government and police?

What if collective group of investors opens a lawsuit similar like is happening now with Tezos?


Well no. Unless there is misleading advertising or misuse of funds there is really nothing you can do about most ICOs. You know fully well going into the ICO that you are going to invest in an unsecured investment with no guarantees.

The tokens from the ICOs are traded on a free market, so it's not the ICO that scammed you. You may have just bought the wrong token at the wrong time.

And pretty sure most ICOs are located overseas, as well as having terms and conditions that protect themselves from getting sued for anything.
803  Alternate cryptocurrencies / Altcoin Discussion / Re: The Most Undervalued Coin of 2017! on: November 05, 2017, 08:50:34 AM
LBC and SC, I recommend you to start accumulating both coins because both coins have active development and strong community the price is really cheap right now, I m really sure when BTC finally stabilize both coins will have a massive amount of increase

I would definitely look into SC, though i'm not sure about LBC. The market cap dropping so much and there is just no interest in the project whatsoever right now and i'm not sure whether it will ever pick up. Siacoin is definitely underrated at the moment though.

Surprised that nobody has talked about iota.

Once their dev team gets their s*** together, the price can go to $5 or even more.
804  Alternate cryptocurrencies / Altcoin Discussion / Re: How does private key compromise a wallet? on: November 05, 2017, 08:26:40 AM
Are you saying if bitcoin adoption goes up the chances of someone just randomly guessing a private key with funds in it will go up? If this is what you mean then i think that you're right actually. But then, the chance is going to be so low still that getting hacked is going to be way more likely than your funds being stolen from someone randomly guessing your private keys.

BTC is actually a lot more secure than credit cards, even though there is an illusion of security with most centralized banking services.
805  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Alts ever reach their previous ATH's again or is it the end of the road? on: November 05, 2017, 06:54:32 AM
End of the road? definitely not.

Think of bitcoin/altcoin dominance as gold/silver ratio. it's a pendulum that swings both ways, right now it's just correcting back to bitcoin's side. Now in the short term i can see bitcoin dominance still go up but in a year or less, we'll see altcoin market share increase once again.

Keep holding whatever coin you believe in. Eventually you'll turn a profit.
806  Economy / Exchanges / Re: HOW EXCHANGES PROCESS WITHDRAW? on: November 05, 2017, 06:49:25 AM
I am very curious how exchanges like bittrex,bitfinex,cryptopia and so on process withdraws of any coins.
Ex:I request 1 btc to withdraw from bitterx to my exodus wallet.
Now every time i observe it never happen instantly means after some time like 5 minutes after the request was places the actual transaction get into blockchain.

So the question here is,they make this transaction manually?Means they transfer the coins from their personal wallet to my exodus wallet manually?
If its not manual then why is the 5 minutes time gap?
If its automatic then how this works means this automatic withdraw from a wallet to another wallet with coding ,can anyone refer to some example codes?

Lastly I understand this is not a very easy question to ans so I hope some very advanced and very knowledgeable person like a hero or legendary member will help me here.


I'm guessing that they have to review your account security or whatever to first determine whether they should or should not send out the payment, then wait for a few more people to withdraw to consolidate the withdrawals into one transaction in order to save fees.

I could be dead wrong but, this seems to be the only way to explain why every time there are multiple outputs to withdrawal transactions, and also a possible explanation to why withdrawals are not always instant.
807  Economy / Speculation / Re: Bitcoin new high 7500 USD on: November 05, 2017, 06:46:01 AM
Im thinking that bitcoin will not correct its price anymore even if there is an upcoming bitcoin hardfork (segwit 2x)

Just look at the price. bitcoin make another high.

Maybe next year bitcoin price will go down to correct its price and alt coins will rise again.




A correction will come sooner or later to take bitcoin down to $6.8k-$7k. Right now it seems like that the only way for bitcoin to go is up, but it has always happened - after a pump will be a sell off, perhaps temporary.

It won't last long under these values in my opinion, however.

$10k is next.
808  Economy / Speculation / Re: Will Bitcoin rise to $500k in three years? on: November 05, 2017, 06:37:23 AM
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

despite what he said and how cool he is with bitcoin i really don't see how bitcoin is able to get $492k gains in 3 years. Right now people are looking at $1k gains like it is something major still and each time that happens, there is a correction.

To get to $500k is just absurd to say at the moment.

Eventually, it will happen with the depreciation of fiat naturally. But just not now.
809  Alternate cryptocurrencies / Speculation (Altcoins) / Re: B2X Futures on: November 05, 2017, 06:30:25 AM
I agree with the fact that no matter what your stance is, it is probably a smart move to be able to diversify and hedge your bets with some S2X futures since that is going to be the forked version of bitcoin that is coming soon.

The thing is not many people know about the futures. Also, the only markets that lists it is one small exchange as well as HitBTC, another exchange with a shady past. Futures obviously require lots of trust.

If Bitfinex starts to list B2X futures then price could definitely go up.
810  Economy / Service Discussion / Re: Localbitcoin trading app on: November 05, 2017, 06:26:27 AM
Hey there!
Can anyone please advice me a legit localbitcoins android trading app? Just need it to make BTC / cash exchange faster and safer. It seems like they don't have any official application and the Play Market is not a trustworthy place. They already had a huge amounts of fake phishing apps (including localbitcoins apps) so I just want to be sure that I'm using a good app. Also I will appreciate if you advice me like 2-3 of such apps because not all of them are available in different regions.
Thanks.

If you don't want to use unofficial apps(good idea), then you simply have no option other than accessing it on the browser. And i mean, i've been using localbitcoins on my phone through a browser for ages now, never had an issue.

Why exactly are you looking to get an app? Is your browser not compatible with localbitcoins site or something?
811  Economy / Exchanges / Re: Transaction still pending in hitbtc on: November 05, 2017, 06:23:24 AM
My BTC withdrawal didn't produce any transaction hash related to blockchain after I have done the email confirmation and is still pending until now. I have already contacted their support team and asked me to wait for 48 hours (#42215). Anyone experienced the same problem? 

Not for me but since they have told you to wait 48h it's best to just wait that out and see what happens. Hopefully they will stick to their words and release whatever coin you had in your pending withdrawal.

However, some other people have said that there is fishy stuff going on with hitbtc.

Make sure in future, don't store too much on these exchanges.
812  Economy / Service Discussion / Re: which escrow service do you use? on: October 31, 2017, 08:21:54 AM
Ever used an escrow service? which do you recommend?
I know of the list https://bitcointalk.org/index.php?topic=855778.0

have you used any of them?

That list is actually quite incomplete.

The OP has not been updated for 2 years so it's not really surprising. If you want to look for escrows then go onto the services section and look for options there, but everyone on the list that's still active, has been used by many people and are extremely trusted.

I haven't used any of them myself but i've seen others trust them with thousands of dollars.
813  Alternate cryptocurrencies / Altcoin Discussion / Re: electrum for BTG on: October 31, 2017, 08:15:38 AM
The only official wallets listed on their site are freewallet, guarda and coinomi. No mentions of an electrum for BTG whatsoever and even a google search of it wouldn't come up with anything. They don't even have a block explorer yet.

Since the project is still incomplete i wouldn't be surprised if price starts to instacrash once everyone actually gets access to their BTG.

But yeah, if you see any wallet claiming they can split your BTG, it's likely a scam trying to steal your private keys unless the official site says otherwise.
814  Alternate cryptocurrencies / Altcoin Discussion / Re: Multibot ICO. Alpha is available. What do you think? on: October 31, 2017, 08:12:28 AM
Well if you need the bot for your trading then sure.

However with the recent influx of ICOs if you don't need to actually use the bot that they are offering it's probably not a good idea to speculate on their token value. IT's a very particular niche that doesn't have that many players in.

Be careful speculating in it, that's what i'm trying to get across.
815  Alternate cryptocurrencies / Altcoin Discussion / Re: Healthcare ICO/[Suspicious link removed]pany? on: October 31, 2017, 08:11:01 AM
DentaCoin is claiming to be the healthcare token. I wouldn't take them too serious though, just an empty project with a lot of marketing

Agreed. There are actually a lot of them out there.

Another one that i've seen is actually Litra, again, very grand ideas and marketing but not a whole lot of practicality involved in the operation of it. The thing is healthcare is probably not gonig to be needing to be decentralized.

If you want to buy in then sure. But likely not going to turn any profits.
816  Alternate cryptocurrencies / Altcoin Discussion / Re: Where do you hold your coins? on: October 31, 2017, 08:06:44 AM
So i'm new to cryptocurrency, actually just started 2 days ago, was reading about cryptocurrency, and stumbled upon Neblio and decided to go for it.

Now i'm holding about 600$ worth of Neblio on Cryptopia, which i'm fairly certain it will reach at least 2x, but aiming at x4 early next year to be honest.

Anyway, i want to sit on the Neblio for a while, but i don't want to have it hostage on an Exchange, so what are the best and safer solutions, Desktop and Online to hold he currency?

For me it's mostly in ICO projects such as EOS and seasoned altcoins such as litecoins, dogecoins, Ethereum and Monero. That way i have a pretty good balance between potentially good projects that can bring returns in and some coins that have steady returns in the long run.

Neblio is a risky investment.

If it gets listed on more exchanges maybe it will go up.
817  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Who is buying up all the cheap alt coins now ? on: October 29, 2017, 06:18:11 AM
I was waiting for XLM to bottom to 300 before buying Sad

Bought QTUM and made profit but was one of the worst performers of the day.

Darn.

Who knows? But i mean BCH has made quite a run recently and that means that a lot of the Chinese based investors may be buying into altcoins including BCH up themselves. I could be totally mistaken, however. It's pure speculation.

And altcoins are no longer cheap right now after the short dip.

Vertcoin and stratis getting pumped like crazy.
818  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 50k$ in which coin would make you a millionaire in 1-2 years? on: October 29, 2017, 06:15:59 AM
So i've seen a similar thread about some guy asking whether he could be a millionaire in 2 years if he put 30k in Monero(if he did he would make around 3m$ and it's not 2years yet).

So i am likely not going to put 50k$ in a coin, but it will be intresting to read this in 1-2 years.

So yep, the question is: Which coin do you think would make you a millionaire in 1-2 years if you put 50k$ into it today?


It's "only" x20, which is realistic imho. My pick would be LBRY, although the chances of that happening are slim!

First of all, it will depend on whether this current altcoin boom that we are seeing on a constant basis will continue into the next few years. If the bust occurs and everyone has no interest in altcoins anymore, no matter what altcoins you invest in you're likely not going to get 20x returns in crypto winter.

If it does continue, i think that Neblio is interesting.

Also byteball is pretty cheap as well at the moment.
819  Alternate cryptocurrencies / Altcoin Discussion / Re: ICOs = More of the same on: October 29, 2017, 06:14:11 AM
The ann forum and bounty forum are absolutely nuts.  I've been looking up a bounty program to join soon and kept running accross the same uninspired projects over and over again.  I noticed there were 5 types of projects that kept popping up:

-decentralized banking
-decentralized exchanges
-tokenized gaming
-healthcare on the blockchain
-social media/social communities

well, there were more, but each project proclaimed stuff like "The world's first blah blah blah" and in each thread there would be like 10 posts immediately after the OP saying random shit like, "This looks promising!" or "Great idea! Great team!" and of course a bunch of people reserving translations.

I actually get excited when a weird one pops up.  Like doing an ico to fund a utopian community based on renewable energy out in the middle of siberia. That shit is lit.

Exactly. Most ICOs out there are quite repetitive now.

I feel like that smart contract platforms will always generate a lot of hype and people will always say is this the next ETH, even though it achieves no purpose. Some other projects that actually have good ideas don't get any recognition.

And seems like more and more businesses are doing ICOs and tokenizing their business, e.g. cryptopay, binance, other exchanges and bunch of casinos
820  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Crypto20 Speculation??? on: October 29, 2017, 06:11:43 AM
I have heard great reviews about this ICO. I definitely believe the index funds are going to be huge in this cryptoworld.

TBH they copied the idea from Bit20 which is already functional on the bitshares ledger. They've be up and running for a while now and is still accurate in terms of pricing. I don't know why crypto20 decides to come in and do a similar thing.

If they can do the job better and make this process more decentralized, then sure.

But otherwise, no point for this ICO.
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