There are many people talking about bitcoin dying and bitcoin is already experienced how times it dies, but until now bitcoin still alive and the price is different price compared to past years ago and bitcoin believers are keep growing using bitcoin.
Look at the coinmarketcap you see the volume in 24 hours still high and there are many people are using bitcoin not only in trading purposes and I think in some local businesses and online business to accept bitcoin as payment.
However, there are people still don't know what is bitcoin here in my country so if bitcoin can advertise again on TV or in social media (like facebook or google) maybe there is a chance that bitcoin price will jump high again because it might be a reason of a large price drop of bitcoin in the past few months and people are thinking that bitcoin will die.
Anyway, there's another chance that bitcoin will be trending again in social media since there are still people who don't know about bitcoin there is a chance that bitcoin can be trending again that could jump the price high and bitcoin will never die.
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Coinbase is only best to use as a wallet not good for trading I think it is better to transfer your bitcoin from coinbase to other exchanges like binance, you can trade bitcoin in other altcoins you like and hold it for a long time, but make sure to always monitor the movement of the price and if you see the price is gaining above 10% of your investment you can exchange it and save your profit.
Another exchange site is cryptopia.co.nz and I suggest that you invest small amount so that you won't lose a large amount if you do wrong.
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Not only this may be the reasons of buying bitcoin I think there are other complaints like they buy bitcoins to use it in some website that only accept bitcoin as payment.
Bitcoin is unpredictable and any time the price can be fall or jump, bitcoin is like a roller coaster, but the difference of bitcoin the price every year is different compared last year.
FUD's could push other holders to sell, but I think for now true believers of bitcoin could hold their bitcoins tightly unlike newbies or newcomers who enter the field of Cryptocurrency are those people who sell their bitcoin with or without gaining profit.
What I see right now about the price of bitcoin it looks like there is a big group who can manipulate the price of bitcoin because sometimes there's a massive price jump or large dump.
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I think the only way that you can get the latest bounty campaigns is to check the altcoin announcement section from time to time if you found a thread, which is low post and views it means that the thread is new and check the thread if they also announce the bounty campaigns because there are some new projects and ICO's not giving any airdrops or bounties, so you must checking the whole announcement thread and try to ask them about bounties, this is just what I am doing before that I wanted to earn some airdrops and tokens.
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I need some help with my situation, maybe some of you can help me?
I had a legacy Poloniex account with 8k in it. All of sudden, they require you to verify your account, otherwise you cannot access your money. Well I tried to verify but they won't allow it because I live in New York State!
So how can I get verified because I have an address in NYS and I can't get access to my money... does anyone have anyone ideas?
I don't think that this is anything new. New York has been listed as a restricted state since last year: https://poloniex.freshdesk.com/support/solutions/articles/1000252758. So you shouldn't be able to verify your account. I would personally suggest contacting support about this issue. Ask them if they are able to allow you to withdraw after going through the verification process, so that you can get your money and abandon the account. That is your only chance. In the ToS, it clearly states that by using their service you are not a resident of the restricted states. However, they should still be able to give you your balance back. This would be only the last resort for OP to be made where he would really need to explain and somehow beg or asked on how to get out those funds inspite on being a citizen of those restricted countries.There wont really be any chance for it to be re-access but the last option would be account abandon but it would really be unfair if they hold those funds together with the account.These kind of situations would really have corresponding solutions and only admins can really able to give instructions. You would really hope for consideration. However, most of the exchange sites they don't allow to give the funds out without verification so I think the only thing that he can do right now is to verify his account with government ID or anything that Poloniex required so that they can fully out the funds from the exchange site without a problem. I think this is the reason why Poloniex is collecting a personal data and verification it is because of GDPR and it's already started last May 25, 2018 I received this on email and also, I read this article from here Yes, The GDPR Will Affect Your U.S.-Based BusinessAnd also other countries are affected by this new rules and if they don't follow the new policy they should pay the fines up to $2 million. So this is I think the reasons why they are now asking for personal data and verification.
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You move it again in the wrong section and I think you don't know where to move it. Anyway, I suggest you to move this here https://bitcointalk.org/index.php?board=160.0 in altcoin mining section or make a new thread there and delete this thread.
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It looks like same as coins.ph from Philippines you can pay the electric bill and other local bills, but the problem it needs a KYC first to be able to have an account in coins.ph and you must live in Philippines.
As of now the only way that I could see would be a good alternative for this I think physical bitcoin debit card without a KYC for privacy purposes since GDPR (General Data Protection Regulation) release a new policy this is a great alternative cryptocurrency debit card with online apps that you can pay online with bitcoin or altcoin.
However, about your example, it is just like a trading, but he is paying the bill to receive the altcoin or bitcoin. I think it is better to keep all process instant than waiting for other people to pay the bill of Mister X.
Customers are always looking for an instant so this is not a good idea.
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Hello people, I am planning to make my first investment in bitcoin. but my knowledge on transaction fee is bit low. Could you please share the platform that is reliable, supportive and charges comparatively low than others??
Thanks in advance.
I think if you want to pay less fee for every bitcoin transaction you must use a wallet, which is segwit support because it gives you less miners fee than using unsupported segwit wallet or legacy wallet. If you use a wallet with segwit addresses every time you send a bitcoin to other bitcoin address they charge you a small amount of fee compared to non-segwit addresses. I suggest that you use electrum wallet instead because it supports a segwit addresses and you can adjust the miner's fee from high to low. The other wallet that I use is coinomi which supports segwit addresses for bitcoin and the good thing they also support altcoins and ERC20 token.
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Awesome website it gives me earnings estimation in any different miners.
Well, these days there are many investors and miners come up and keep expanding that affects the mining difficulty that could result of low profitability and honestly, bitcoin is well known and always in the news content that is why there are new people coming and investing into mining.
I bookmarked the website for future references.
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Maybe they're busy and honestly $5500 is a large amount of money.
Well bitmain is not scam maybe they are busy to assist all their customers and all their hardware is in demand this year.
Just keep contacting them and send a ticket about your issue so that they are aware about you.
Honestly, bitmain these days were getting worse because the quality of their miners compared before is different.
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My miner temp is kept reaching 80c+ on the day, but every night its keep cooling down to 80c below with AC 12,000 BTU and 1.5HP, the old antminer still kicking compared to new one.
Since, you vented your miner outside and keep your miners temps down, unlike mine that I put my miner near to our windows just to keep the heat out because if the heat stays inside in your room the air inside of my room is mixed-up.
Anyway, maybe your other 2 miners why the temp is high it's because of big dust on the fan or the exhaust fan couldn't blow air properly, try to clean the fan and fix the vented to blow the air outside.
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It's impossible that the price of bitcoin will drop back to $2k or $1k the price of bitcoin is depends on demand and supply don't compare the bitcoin price in the past because the demand is low and the supply is high that is why the price of bitcoin is low compared to the current price.
I think this is just another part of FUD's they wanted to let people panic in selling bitcoin so that these FUDs could buy a cheap price of bitcoin and holding it for a long time and get benefits of holding it. These people are greedy and this is just like other people before wanted to push other people to sell and regret soon so if you are holder I suggest that you control your feeling and hold your bitcoin tightly.
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Energy consumption to mine bitcoin is the one biggest factor and concern because bitcoin mining is eating a huge amount of power and it could affect our climate change that can cause global warming.
I heard that this coming 2020 bitcoins will use all power to mine bitcoin that I think it is bad for our climate and possibility that power can be exhausted in the future.
However, maybe after all bitcoin mined bitcoin will switch to PoS algo in the future.
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So i guess my 0.014B are lost will deleted this wallet thank for all the help
According to this video from here https://www.youtube.com/watch?v=b0vvHI1-4sYSome comment that this wallet is not working anymore. So, I think you can't recover your bitcoin back and I'm trying to find the developers of this wallet, but I couldn't find them. Next time choose a wallet, which is well known and trusted wallet than using a random wallet. You can use electrum wallet for Android or Coinomi wallet if you wanted to store multi altcoins and ERC20 tokens.
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I think the coinswalletbot server is delayed better to check your wallet from time to time. You should receive it right now and it must reflect in your coinswalletbot. Try to restart your phone and check your coinswallet again. I think its different wallet to coinswallet bot watch this video https://www.youtube.com/watch?v=b0vvHI1-4sYIt's a wallet that you can remotely use by sending a command to a telegram.
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Both ledger nano s and Trezor hardware wallet is the best option because it gives you a 3rd layer of security to your wallet, which is invulnerable to any hacking activity to your account.
I suggest that you choose ledger nano s because it can support more altcoins and ERC20 than Trezor wallet.
So your ethereum will be secured and safe if you use a ledger nano s and ledger nano has a better style than Trezor wallet.
Just make sure to save your seed phrase on the paper or anywhere you want to save just make sure that it is in the safe place because you can't recover your wallet if you don't know your seed phrase it is one of the important in hardware wallet.
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I don't think the price of bitcoin can be decrease more and hit $6000 or not, but I think the price will stay at the $7K level.
I don't see any news could push the price down and I think there is something behind to it. That is why the price is still dropping slowly.
What I see from the live bitcoin chart just few minutes someone sold a large amount of bitcoin and I think the price could decrease more soon.
MT.Gox funds status according to some tracker it's not moving so it means that there is another reason why the price decreasing and maybe there are groups of dumpers is trying to sell their bitcoin to push other holders to panic sell.
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Hashflare is just the same as other cloud mining site they always promise to give you a high profit when you are investing a large amount of money they add a bonuses that actually gives you a little profit that is why I regret when I invested in cloud mining before and I earn few bucks, but I lose big because the cloud mining site is gone they gave me a profit, but my investment is stuck.
anyway, there is no cloud mining site that actually giving you a good profit and most of them are a scam.
I suggest you better to save your money and buy your own Asic miner or build a mining rig this is the best choice to invest your money because it's a physical miner and you can choose where you want to mine bitcoin or other altcoin.
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