This always happens to Coinbase whenever Bitcoin price increasing rapidly, it's not that they lack supports but they just do it for their own purpose IMO, of course, they get huge benefits when the price increased that why they just hold the withdrawing process for their clients and will release soon when price got stable at the moment. And I'm not wondering if this exchange got the highest received complaints for this year since they always do even last year.
Manipulating transactions is a fraudulent act. If the manipulation is perpetrated to gain a pecuniary advantage while causing losses or inconveniencing their customers, then this is fraud. If their customers were to reverse roles and conduct trades where Coinbase feels they are disadvantaged, I'm sure this company would use every legal tool in their arsenal to not only financially ruin them but to also make them suffer the full brunt of the law. This is a company operating negligently with impunity. Their excuses and apologies mean nothing if they actually do not implement changes to their operational procedures. Have a look at their pitiful reviews: https://www.trustpilot.com/review/coinbase.comhttp://bittrust.org/coinbaseWell, trustpilot is always inaccurate because it is filled with competitors trying to defame their opponents. But that is the general picture here. Coinbase has almost poloniex and yobit like support right now, and the situation seems to be only getting worse.
The CEO has recognized the problem but has done nothing about it. He says that he will reduce the wait time to 6 hours, which is far from accurate. And he said that he'll focus Q3 on fundamentals like user experience, which he did not do well at all. If anything, it got worse. I wouldn't be using coinbase at all, even though it might seem convenient. Full of booby traps. |
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i understand they want the wallet to be simple
but i could save $5 right now converting .12 btc to dash, transferring to an exchange, converting back to btc, sending to jaxx wallet and sending to my destination
rather than sending the btc from exodus right now
we dont need high priority transfers all the time
could easily make a speed setting and eliminate low end fees that have issues and not offer it in the settings
I'm not using exodus for bitcoin currently, i only hold ethereum and litecoin with it. However i have seen in the past when transaction fees were high but not as high as right now the fees that exodus require you pay is like at least 2-3x the market value for fees. I would definitely like to see something like electrum, user chooses how much fees they want to pay. If you are really desperate because you have many inputs and you watn to pay lower fes, just import your recovery seed into electrum and send from there. Did you guys see a new, advanced, version of Exodus? https://www.exodus.io/eden/But I don't get why they made it public if it's still in a early stage, with no support in case something goes wrong  Well, it's your choice. But the update looks interesting. I might try it out today. |
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Hello,
I work for a company since 2 years ago and they pay my salary via Neteller every end of the running month, I've been using XAPO as my BTC wallet because I can use my money on Neteller to add funds to Xapo and transfer the USD to BTC instanly on XAPO, then I use to sell the BTC all the time sending to external address paying a very low fee.
Now the fees on XAPO to send BTC to external adress are ridiculous, Is there any other good wallet on the internet where I can add funds easily with Neteller and tranfers to BTC with small fees for transactions to external addresses ?
The problem with transaction fees isn't xapo's fault. They used to have a free to pay business model but a few months ago they changed that so that you have to cover the transaction fee yourself, which was understandable since the transaction fee was so high. Coinbase did a similar thing. I would suggest sticking to xapo if you are already using them and verified. Because you won't get much better deals elsewhere, you will still be charged blockchain fees and you'll only get worse rates. And you have to do all your verification again. For example, the best offer you're going to get on LBC is around $300-400 above spot, and you'll still have to pay the 0.0005 or so transcation fee if you are sending to a bitcoin address. |
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The price of Bitcoin will reach $5k soon. Where do you think the price of bitcoin will reach at the end of December?
Bitcoin is currently very very volatile so it would almost be impossible to predict the accurate outcome right now. However, i think that the price will hang around the $4k mark. I think that we will see a minor adjustment after this current pump, from $5k to around $4k. And then there will be just sideways movements for the rest of the year. BTC actually already reached $5k. However it was quickly dumped down to below $4900 again. So we definitely see a very strong resistance at the $5k level. We could see a much bigger dump if the $5k level isn't breached again soon. |
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If I use my pool or a site like bitrex as a wallet and I "withdraw" my payment to buy machines from bitmain/canaan will this cause any kind of issues?
They could really care less about where the coins come from. If they are not sending anything back to the same address that you sent the coins with then you will be able to withdraw the bitcoins directly to the merchant's address. Bitcoin is fungible, which means that you sending 1 btc and you withdrawing 1 btc isn't any different(apart from if you have dirty coins, but since you are using bittrex and a pool you should be alright). Only downside would be worse privacy for you but since you are buying machines and revealing your address anyways, i don't think it's a huge problem. |
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What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!
$100,000 isn't going to happen unless bitcoin suddenly goes mainstream, and by mainstream i mean everyone knows it and at least half the world is actively using bitcoin to transact. Bitcoin will eventually hit $100k, but 3 years isn't enough. These sort of things are impossible to predict but i think around $7,000 would be a fair estimate, looking at how things are going right now. Market is extremely bullish right now, i think that between 2018-2020 we'll see a couple of pretty major adjustments and 2020 will bring the price up once again to a new ATH.
I think the primary reason why you even think that btc is going to reach that high is because btc is growing at an exponential rate right now. FYI, this does not happen normally and you'll see when a bearish market comes by.You do realize that bitcoin has been growing at an exponential rate its entire life right?? I has an average doubling rate of 8 months. If that continues bitcoin will be almost $150k by the end of 2020. I'm not saying it will be that high, but your prediction of $7000 for 2020 will very possibly be passed by the end of this year. Also $100k would not even be close to half the world is actively using it, more like 5% of the world, which is do-able by then. Between 50 and 150k.
Exactly. $150k is the absolutely limit I'd say for 2020, as I stated above, if it keeps its average rate of appreciation until the end of 2020 it'll be just under $150k. I expect bitcoin to pass $50k in 2020 so that is my lowest estimate. I think it'll likely end up hitting $60k-75k in 2020. If we look at history, you will see that bitcoin usually is extremely quiet after halvings occur. Sure, it has a doubling rate of 8 months, but this growth is concentrated on times that are near the halving block, +- 1 year. We could well hit $7k this year, but it doesn't mean that bitcoin can't crash down to $2-3k and have to go onto rebuild mode after that. This is what i think will happen, anyways. If the timeframe was extended by 1 more year i'd say $15k is entirely possible, this is because usually pumps happen around 6 months to 1 year after the halving, not directly at the halving. What makes you think that bitcoin will hit $50k MINIMUM in 3 years time anyways? |
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What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!
$100,000 isn't going to happen unless bitcoin suddenly goes mainstream, and by mainstream i mean everyone knows it and at least half the world is actively using bitcoin to transact. Bitcoin will eventually hit $100k, but 3 years isn't enough. These sort of things are impossible to predict but i think around $7,000 would be a fair estimate, looking at how things are going right now. Market is extremely bullish right now, i think that between 2018-2020 we'll see a couple of pretty major adjustments and 2020 will bring the price up once again to a new ATH. I think the primary reason why you even think that btc is going to reach that high is because btc is growing at an exponential rate right now. FYI, this does not happen normally and you'll see when a bearish market comes by. |
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Harvard academic and bitcoin investor Dennis Porto believes that, given a few years, it will soar far higher than either of those predictions. In an interview with Business Insider UK, Porto explained that the bitcoin price could reach $100,000 per coin in February 2021 if it follows Moore’s Law, one of the so-called “golden rules of digital technology.” According to Porto, rapidly growing technologies have a doubling time, meaning that their effectiveness doubles within a consistent, repeatable timeframe. Traditionally, Moore’s law has been applied to computing technology, but Porto says that the bitcoin price has thus far followed the trend by more or less doubling every eight months throughout its history. Assuming bitcoin continues to follow this golden rule in the near-term, Porto anticipates the bitcoin price will extend beyond $100,000 by February 2021. Using the current BTC supply for simplicity’s sake, this would give bitcoin a market cap of about $1.65 trillion. Needless to say, a $100,000 bitcoin price would thrill today’s investors, assuming they have the fortitude to resist the temptation to sell them. Source here (the full newsarticle). I am posting a part of this article here because I am sure that many would be excited to hear about this. So there is a basis for the doubling of value for Bitcoin and Mr. Porto refer to it as the Moore's Law. I am sure that many Bitcoin holders would be happy to know that in 2021 the value can be so high. This can embolden people to hold to their coin and to add more Bitcoin to their arsenal. Never give in to the temptation of selling since the present value is just actually the tip of the iceberg. That’s a very huge one though but its going to only happen if and only if some things are put in place if there is no interference in the market by nations or big companies then we can be sure its reaching there No. The deciding factor here is really none of the two things, bitcoin can survive even with government intervention/interference. There is really no way to stop p2p trading from occuring even if you are the government. All you can do is stop centralized exchanges. $100k will mean that bitcoin market cap grows 20x from right now, so it'll break 1 trillion. To achieve this, bitcoin must gain a sizeable amount of followers in the 4 years we have between now and 2021(at least 10% of world population has to adopt bitcoin). Plus, we have to see fiat inflate drastically during the 4 years, to drive bitcoin prices up. These are the two main conditions that has to be met if bitcoin has any chance of going to $100k in 2021, and they are of very low probability. $10k? Maybe. $100k is too much imo. |
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Hey guys. With North Korea sending one of their bombs flying over the island of Japan it made me realize what happens to the value of Bitcoin if a war breaks out.
If North Korea attacks Japan will it send the value of Bitcoin crashing down or will the opposite happen?
Let me just also clarify that I do not wish for a war and hope the value goes up in a peaceful environment.
Firstly, this is purely talk right now. Nothing has been done so far, and i would say that there will be no bombs dropped on Japanese soil at least for now. Secondly, this is probably irrelevant to the bitcoin world. Bitcoin's supply and demand does not depend on whether a country is at war at another. Of course you could argue that people will start using bitcoin because it's a global currency, when the economy of the countries at war completely collapse, but i doubt it's going to impact the price that much anyways. Vice versa, why would anyone want to dump their coins just because a country's at war with another one? They are much better off just holding it... |
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In my opinion, I think bitcoin is gradually growing out of the influence of bubble and burst category because its seems things are just quiet in this past few days even with the increasing price of BCH and the various news concerning how miners are dumping BTC for BCH and all other news on the contrary, bitcoin is still maintaining its position that it becomes so hard know whether its dumping or pumping.
Nothing can grow out of a bubble, or at least not in history. Unless there is some justfiable reason for such high prices then i don't think that we are out of the bubble yet. The bubble usually ends when a) there is a massive correction or b) when enough new people actually use bitcoin to make the newly found price level justifiable(less common). It is usually a combination of the two. Has bitcoin gained any new users from this bull wave? Absolutely, that is way i think we will maintain a nice price level of around $2k-$3k even after the price correction. But we are still in a bubble right now, and it could pop any moment. |
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I have been into bitcoin usage before a short time. Also I was insisted to use Blockchain.info for all my transaction requirements. While searching for a mobile wallet I found it and started using it out of curiosity. Till date I've been waiting for the launch of new website as notified in the home page. Today with the help of my btc address searched the transactions and found that by 7th of ongoing month lots of fund has got withdrawn to a single account. Does this mean it's for maintenance or the authorities has scammed the users who have trusted and used their services.
@OP In addition to what btc_angela said you also want to check out this person's thread: https://bitcointalk.org/index.php?topic=2086149.0It seems like that the circumstances that you and he/she are in are remarkably similar. Their bitcoin address was essentially emptied of its contents as well. Now i don't use bit.ac but i've seen their advertisements on forum. I don't think that they let you access your own private keys so it could well be that they are simply rehashing their entire infrustructure. There is another thread about bit.ac eth wallets beinc emptied as well( https://bitcointalk.org/index.php?topic=1947457.0), i'm not sure what to think here. All i can say is, try message their support and forum rep about the issue. Hope for the best, expect the worst. If you get your money back, don't deposit it back into their wallet again. They are a shady company at best. |
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In the early beginnings of Bitcoins (2009-2010) it was easy to get some Bitcoins either by buying them for a few cents, by mining (which was easy in the early days) or even some faucets gave away some bitcoins every day just for clicking a button or solving a captcha. And now watch how expensive a Bitcoin is now.
Today you would not get Bitcoins but only Satoshis for the same time and effort. And as the price rises, you get fewer and fewer Satoshis of course.
Do you think that the price of a single Satoshi will be something like $1 one day? Or even more than that? Will there be fractions of Satoshis in the future like mSatoshis (Milli Satoshi)?
If yes, we should fight for every single Satoshi now as long as the price is relatively low. Use faucets, trade, buy, mine and hold them until you are rich. It's too late now to get whole bitcoins (too expensive) but some thousands of Satoshis here and there could be a lot of money in the future.
What do you think?
Long term wise bitcoin reallly has no limits. 1 dollar per satoshi is really possible, even though it may sound quite an absurd statement to say right now. The fact is that the very principle of measuring bitcoin in fiat for the long term is flawed, because bitcoin is a store of wealth, whilst fiat is a depreciative form of currency that will always lose money. As more people use bitcoin, the price of bitcoin will go up. At the same time due to inflation and hyperinflation, fiat goes down. This basically speeds up the bitcoin's appreciation in fiat value. Just don't expect this to happen any time soon, or it could even not happen at all. It really depends on fiat to lose a lot of value via a hypeinflationary scenario. By then, $100 million might be worth only a fraction of what it's worth right now. |
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It depends really with SegWit2X if it will have a bigger impact than BCH so far.
So far looks like nothing major has changed in the community preference and the price of BTC seem to reflect that.
By December I really hope the price sticks to going up at the same level it has so far this year. So I'd expect 7/8000 $ range, pending any bugs or issues or network attacks, etc.
Even if everything goes well, i don't think bitcoin is going to go up to $8000. That would essentially be double the current prices and in my opinion the ceiling right now is much lower than that. Bitcoin could potentially break the $5k or even $6k barrier but there would be a ton of people panic selling when just a small selloff occurs because everyone knows we're in a bubble. I just hope that the price could just stick around the $3k to $4k range by the time we reach the end of the year and we see nothing like the 2013 dump. And then new year could could potentially see $3k as a firm floor for btc. |
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All time high really wouldn't be any of a surprise. As you said there seems to be at least some kind of force trying to push up the bitcoin price whilst there are other people that are dumping their stash. It's really just come to a halt at around $4200-4400, not going down and up right now.
I would be really careful trading right now, though. Buying in for the short term could potentially gain you several hundred bucks per coin you buy if bitcoin goes up further to break the ATH, but then the profits won't be as crazy as earlier this year.
We're in a bubble, and this could crash at any given time. Try not to get too comfortable.
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The price looks pretty stable - can't break 4500, but not dipping too much either. I'm happy to see it set in that range for a while.
Sideways movement usually indicates something much bigger is about to happen. What i think is most likely to happen is first another pump that will potentially push bitcoin over $4500(maybe even $5000, i'm not sure about the specifics), and gets everyone hyped up again. And then the correction will come arounda week later, and people will start panic selling. The correction is definitely going to come, sooner or later. We just don't know exactly when it's going to happen but it's going to happen this year or the start of next year. No way we are going to avoid it when the price has moved upwards so fast, for essentially no reason or very little reason. It is pure speculation, and we've seen that in history it has always resulted in a sizeable adjustment in the end. |
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Bitcoin price made a nice upside move this past week and traded towards the last high of $4470 against the US Dollar. The price traded as high as $4450 where it faced sellers and started a correction. The price traded below the 23.6% Fib retracement level of the last wave from the $4070 low to $4450 high. However, the downside move was contained by the $4250 support zone.
The 50% Fib retracement level of the last wave from the $4070 low to $4450 high at $4260 prevented declines. The price is now slowly moving higher above $4300, but lacking pace. There is a crucial bullish trend line with support at $4280 forming on the 4-hours chart of BTC/USD. The highlighted trend line support at $4280-4260 could play a major role for the next move in the near term.
As long as the price is above the $4280-4260 support area, it might retest the last swing high at $4450. On the flipside, if there is a break and close below $4250, the price could test $4100. Moreover, the 100 simple moving average on the same chart is near $4070, which is critical support. Overall, the next move depends whether the price can hold the trend line and support at $4250 or not.Source is here. I am quite optimistic that this coming week Bitcoin can be able to break the $4,500 wall and possibly rise into $4,600 before making a small correction again. This can be the trend for the coming weeks...a steady rise and then a bit of a decline. This is becoming like a normal behavior for Bitcoin...and I guess there are also people who are happy once it can get into a small dip so they buy Bitcoin at a lower rate...also providing many leeway for trades to make their profits. Do you agree or you do have a different idea? The main resistance seems to be $4400 or $4500 here. I don't think that traders are motivated enough to pump up the price much further from this point onwards. It could be likely that this week we could see the establishment of $4500 as a price "floor" but i don't think it's very likely. Next week i think we will see another pump, perhaps pushing bitcoin over the $4500 mark, but then an adjustment will come to pull down the price to around $4000. A lot of sideways movement and i expect by the end of this week the price just staying around the same margin as right now($4100-$4200) instead of moving much. Technical analysis is good, but it doesn't take into account people's emotions. |
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I'm new here and new to bitcoin. I intend to be a long term investor, probably for my kid or his future children or beyond.
I decided to get in on bitcoin mainly because most all of the forecasting and articles I have seen in the past seemed to greatly underestimate bitcoin, I think because most of them still think in old school money ways and bitcoin is the future, so out of their comfort zone.
The problem I am having now is figuring out who if anyone has been the most on point forecaster of bitcoin, both longer term and day to day.
Can anyone point me towards websites with the more successful forecasters. Even though my intent is very long term my biggest curiosity is day to day forecasting, i'm hoping i can find people or AI or whatever that is good at that .. as day to day makes it much easier for me to track their success or failure
Any help or information would be greatly appreciated
Well for starters, you should always take other people's opinions with a grain of salt. Just make sure that you remember people are often saying things in a certain way to make you trade a certain way, which would benefit them as a result. Now that we've gotten that out of the way, i would suggest using tradingview. You basically see what others share on the platform, and you are able to trade whatever idea you think is the most accurate and will make you the most money. It is completely free, and quite open. Anyone can post a prediction though, so make sure you see the reason behind their predictions before making a decision to trade any of yoru money. Don't pay to subscribe anything. It's a waste of money. |
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So both depositing Pascal and withdrawal of Eth is delayed on my account. Support is not answering my ticket >72 hours, and looking from other threads I cant expect them to do so in another 3-4 weeks. Does anyone have a hotline to Poloniex people? Somewhere I can complain directly outside their https://poloniex.freshdesk.com support which clearly doesnt work. The TX hash is not valid after 98 hours ( 4 days ) on the eth transfer and 122 hours ( 5 days ) on the pasc transfer. The addresses are perfectly valid and used several times before. This is a recurring problem for Poloniex and its just sementing my move away from them as I cannot be sure to get help in time nor sure to get my money in time. Its just too unreliable. And from the service we get back its simply too expensive. Stay away until they sharpen up or just stay away so we get this big, unreliable, non serious player off the playingfield. Jesus, this sounds really really disgusting. Can you please show us the transaction IDs for these transactions on their respective blockchains so that we can see whether or not anything is wrong with the transaction(i think that there is a minimal probability of that, though). Poloniex has been having these sort of problems for ages now, and deposits and withdrawals are held up every single day. They tell you to contact support but after they removed trollbox there was really no way of doing that. You'd be lucky to even get a guy assigned to your case. I don't know what you can do other than just keep messaging them about the issue. You may be able to launch legal action against them but probably not worthwhile for trivial amounts like this. |
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It's been on a high lately, and I would've guessed that it would've fell already, but it keeps climbing. When will it fall? When should we sell? Or should we hold through the next fall?
what comes up must come down.
If i were to make the call then i would say sometime in september/october. Right now we are probably still in the bubble, but i'm not sure whether this bubble is going to pop soon or not. It probably won't, due to the fact that people seem to continue to buy into bitcoin even though it is obvious that it is in a bubble, even mania. what comes up must come down.
This can't be true for atleast bitcoin, if you are talking about other alts than yes most of them might see a big dump really soon but for bitcoin I don't think there is anything that will cause a significant dump. All the recent pump/bull run was fueled by new investors and high hopes for activation of lightening network after segwit activation rather than just due to some hypes/fuds like we used to have before. I think we will never see bitcoin price going below $1000 again.  We're not going to see bitcoin below $1k but we are going to see btc less than $3k or even $2k when the big adjustment happens. I would say that the price will be severely hit by the adjustment, when it comes. Just prepare for it, don't get sucked into the hype. |
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How much do you think of bitcoin price by December?
For me, I think the bitcoin price is going to be worth anywhere between $8k - $10k
Share with us how much do you think the bitcoin price is going to be worth by December and why?
I'm not too sure about this. I think that price is defintely going to go up even further this year due to all the media attention and hype in general, before adjusting down dramatically. However, i'm not sure whether it can reach $8k or not and stay there until December. That seems to be an extremely bullish outcast. It is possible, as we've seen with bitcoin nearly doubling from end of July to now. But very unlikely it's going to repeat again. It's not really anything to do with hard forks, it's just that the price is already so high and i doubt that this mania will continue for much longer. I may sound like a bear but really i'm just bracing myself for the pop of the bubble, which will almost certainly happen. |
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