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Maybe the professional arbitragers are most focused on the USD/China difference. Currently a $600 gap which would make it worthwhile for even me to fly to China with a bag of cash if I could pull it off.
Yes, the USD/China difference is probably the biggest arbitrage opportunity right now, if you have an already verified Chinese exchange account at your disposal (otherwise it is probably not possible to verify an account right now with the upcoming shutdowns) or have some other way of buying BTC in China. Are you only arbitraging GDAX and BFX when the opportunity arises? Interestingly, the gap between BFX and an exchange from Brazil (Mercado Bitcoin) is even bigger than the gap between USD/China (in the other direction, therefore you wouldnīt even need to bring a bag of cash).
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I don't know Why but i Just want to make same ATH guess like last time Rules ....: the one with the right date of ATH gets .25 btc paid directly (UTC time) (closest to ATH.....) I look to Every page in here from now When a date is picked first iT cannot been taken again ( 1st =1st) Another .25 btc is rewarded for ho makes best of technical analyse of the time When we strike ATH.... and Why iT happens at that time..... So This .25 also only to been payed 1 time .... and not 2 times te same explanation.... (1st =1st)
Both answers to win must been inside before 20-09-2017 Goodluck to the ones that like This
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My ATH guess: 16/08/2018 Reasoning: A big part of the current 2017 bull run of Bitcoin was caused by the altcoin mania and the ICO frenzy. In order to participate in this hype Bitcoin often was and is the easiest on-ramp to get your money into the cryptocurrency system - as you know most altcoins or tokens have no direct fiat trading pairs. In my opinion we will see a new ATH in ~11 months (see my 16/08/2018 guess), because by then many people will realize that many ICOs had terrible business models or were outright scams. Some of the people will put their remaining funds after the ICO/altcoin fallout into fiat currencies. But the big majority will shift their position into the one and only Bitcoin, which will have improved tremendously in the meantime (2nd layer stuff like Lightning, privacy features in order to increase fungibility and anonymity).This move from altcoins and the many vaporware ICOs will bring back the marketshare that Bitcoin lost during the scaling debate: https://coinmarketcap.com/charts/#dominance-percentageAdditional prediction: After reaching a new ATH around ~August of 2018, things will get really parabolic in 2019, when people realize that the purchasing power of their fiat money has eroded even more (changes to the EU treaties, additional stimulus programs by FED and ECB and negative interest rates finally coming to a mainstream bank near you). In the prelude to the next block reward halving (a few months before the halving in 2020) we will finally be able to see 20000 $ / Bitcoin. Mainstream media coverage will explode even more at this time, which will lead us to ....
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Hi, I have a question about the NFL Survivor Pools. Week One has finished, but all the pool levels have the "Join Now!" button which seems to be on. Is it still possible to join/re-join pools even after the results of the first week have been completed?
I highly doubt that this is possible. I just tested it and received an error message: Pool entries are now closed @Nitrogensports Am I allowed to open a new Nitrogensports account, if I decide to abandon my old account? Iīm not doing this in order to circumvent betting limits or any other nefarious purpose.
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Iīm not saying that Dean should add every shitcoin available, but a few popular additions would be good. Try to see it from the point of BKB token holders, every additional altcoin increases turnover and therefore also site profits in the long-term.
Yes, but every additional altcoin requires a decent bankroll size requiring Dean to convert some of the existing bankroll, and those altcoins might be unstable and end up crashing, resulting in a large loss (fiat or BTC value wise). It could also decrease turnover as a smaller bankroll for more popular coins could drive whales to other sites with larger bankrolls. I think keeping the existing ones is good enough (or maybe add Monero for the privacy features?). This is actually a disadvantage that I didnīt think of. However, this criticism also applies to LTC and ETH. You donīt even have to go more than 6-7 months in the past in order to be able to look at a LTC price of 3-4 $. If LTC or ETH starts a correction into the single digits, this would cripple the fiat value of the bankroll. A possible solution would be to integrate a service that exchanges many altcoins into Bitcoin. On the other hand, this creates the problem of additional fees.
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What is your opinion regarding the relaunched BTC-E? https://wex.nz/news/1Currently the crypto prices are inflated compared to all other exchanges, which creates a tremendous arbitrage opportunity - if you are actually able to get funds out of Wex. Roughly 15-20 % are possible at the moment depending on the crypto and the particular exchange you use for the other side of the trade. Besides, it could be a potentially profitable move to buy some of the issued tokens. After all these exchanges make a fortune, so Iīd expect them to eventually reimburse everybody.
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Producing 1 BTC takes about USD1000, so I do not think it will continue unlimited drop down because of that. But it could reach USD2500-2700 level or so.
Is there a website that does track the actual average amount that it costs in hardware costs and electricity to mine a bitcoin? This would be useful information for trading purposes, because that would really show where strong buy support would come in (e.g. miners propping up the price to still be able to mine profitably). Probably, you would also have to incorporate other expenses like taxes or payroll in the calculation (after all someone has to maintain the mining operation and the respective state / municipality wants a cut of the profits, too.
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... One can easily exchange to these coins and gamble.
And pay ~1 % fee to a service like Shapeshift every time? In my opinion this kind of defeats the purpose of gambling at a site with 1 % house-edge when you are already down 1 % due to exchanging your altcoins before even loading the dice game Iīm not saying that Dean should add every shitcoin available, but a few popular additions would be good. Try to see it from the point of BKB token holders, every additional altcoin increases turnover and therefore also site profits in the long-term.
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I think I have found another bug.
The stats box of the NCAA football match Purdue @ Missouri states that 519.71 mBTC have been matched. However the list of positions shows only a single bet of 271.11 mBTC (07:19:55 1.917 271.11 Over 76). Therefore Iīd argue that the volume calculation is not working as intended (it should be 544.22 mBTC in my opinion).
This happens at other markets as well, I just picked the game as an example.
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Provably fair gambling is one of the biggest things to happen to online gaming ever I'd say. It's the only way to give players true peace of mind & create an experience where people can't feel harshly done by. The reason a lot of big punters don't use online casinos is because they are obviously skeptical as to whether they're legitimate & aren't rigging the results. Provably fair gaming changes this.
Cryptogambling.org is actually going go attempt to get this change moving, so check it out!
Finally, someone who shares my sentiment regarding the significance of provably fair gaming! Thank you for the link, I was not aware of this website before. As I already stated in one of my earlier posts, I heavily believe that once one major brand adopts provably fair gaming, the other brands will be forced to adopt the technology as well.
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...the chinese knows there is huge opportunities in crypto otherwise they won't be making miner devices....
The reason that mining is so attractive in China is not the potential of cryptocurrencies, but rather the huge amount of excess energy supply. In several rural provinces the electricity company is either cooperating with the mining operations or even running the operations themselves!
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how can it be successful when the confirmation times for bitcoin haven't changed? and the fees are still quite high....
This isnīt really true. The mempool only has a few thousand transactions most of the time these days - since the spam attacks on the Bitcoin blockchain stopped. Therefore even very low fee transactions with a few cents are getting processed in 1-5 blocks. The reason why the average transaction fee is still so high is, because some users just donīt have a clue that they could get away with a much lower fee and the fact that many wallets use terrible standard settings for fees (and the average user is lazy and doesnīt bother to customize the settings).
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Hi,
I am looking to deposit though SEPA today but major exchanges will only process it Monday, any tips of exchanges that process fast deposits?
Thank you for your help.
It is highly unlikely that any exchange will credit a SEPA deposit over the weekend, because banks in Europe are not processing transactions at the weekend. Besides, most exchanges are currently faced with a surge of new registrations and extremely high volume. Therefore support response times and the credit of new deposits are slowed down! E.g. at Kraken even Fidor to Fidor (same bank) deposits are taking several days, while they were instant before.
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Now that the glass is half full or half empty, what may be options?
Bitfinex lending is one of those, Poloniex also offers similar services, but there rate is lower and there are some issues associated with them.
I've exchanged some BTCs for LTC and the current going lending rate is 0.74% a day at Bitfinex. That should add up to some nice extra coins over a week or two, until Bitcoin picks up speed again.
BTC, ETH or XMR come not even close to Litecoin.
Please share your ideas!
I agree that the current lending rates for Litecoin are extremely attractive! However, you should keep in mind that the interest rates are directly correlated to the amount of opened LTC shorts (and the demand for additional short positions). LTC value will probably drop a lot and therefore Iīd strongly advise you to only take advantage of the high lending rates for LTC, if you intend to keep your Litecoin for the long-term and are fine with sitting out a prolonged bear market.
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Has anybody secured their Bitfinex account using a hardware device based on the U2F standard (e.g. Yubikey)? Iīm thinking about doing just that and was hoping that someone who uses a device like this could share his experiences.
Additionally, there are great lending rates available due to the current bear market (especially for Litecoin!).
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It was very tough to hold with massive amount of bitcoin.
Really? Was it tough for the WinkleVii? Tim Draper? Richard Branson? Barry Silbert? Erik Voorhees? Even Gene Simmons? lol They all saw their many millions dollar btc investment essentially get cut in half on paper. If they are not selling, then I don't think any other savvy investor should be either. Do you? How do you know that the mentioned persons havenīt sold parts of their holdings? It is definitely possible that they have cashed out significant parts of their Bitcoin holdings (irrespective of what they are claiming on platforms like Reddit or Twitter).
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I don't like this. I have a sneaky suspicion that prices are going to take another major tank. Sell wall at 268.99 up for the past 30 minutes, and if these are whales trying to liquidate, they're going to drop the price soon. I really hope I'm wrong, but this has happened in the past.
I assume that these big walls are put up by ICOs that want to convert to fiat or BTC while Ethereum is still above 250 $ per ETH. Probably Tezos or one of the other ICOs that raised a ton of funds and has no actual intention of keeping ETH for the long-term.
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Ethereum and OmiseGo (OMG) is the future, both will be PoS and implement Plasma (1 million tx/second), maybe even KyberNetwork Decentralized Exchange... not this slow crapcoin with incredibly large fees programmed by incompetent developers. Bitcoin has brought us a new idea, but we have better uses than crippled bitcoin for it.
What do you think about the problems mentioned in the following article? https://medium.com/@muneeb/the-road-ahead-for-ethereum-b5b090bcd1aSome of the mentioned problems havenīt been solved by some of the brightest minds in computer science in the last 30 years. What makes you think that Vitalik & the rest of the Ethereum developers will be able to find a solution for these issues? Furthermore, it is also debatable, whether Proof-of-Stake can actually work in the long-term.
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I actually like the new layout. Maybe it's because I just like the font and color scheme they used but it's honestly not that different from before.
I really like the layout, too. However a few things are not that intuitive to me. E.g. a green progress bar with 100 % is displayed under the market information of a sports market. What exactly is this progress bar indicating? I havenīt placed any bet and am just looking at the market. Besides, the homepage states 0 % fees for dice. Does the dice game at Fairlay actually have no house edge?
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... Not worth it, use shapeshift instead which is guaranteed to be anonymous.
The problem with Shapeshift is that the fees are multiple times higher than at Bittrex. It is getting increasingly difficult to open an account at an altcoin exchange without having to verify your identity. -Bittrex requires verification -Shapeshift and Changelly have too high fees -Poloniex support is terrible and you have to wait several weeks for simple requests -Liqui has scam accusations against it ... Which altcoin exchange is reputable, can be used without verification and has acceptable fees?
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It is quite easy to find - Go to "Manage Account" -> "Reports" . You'll find a Funding section there with "Funding Earnings". Unfortunately it does not show summaries, just each Funding revenue.
You can easily export the reports (e.g. as CSV) and build an Excel sheet that creates nice summaries for you. It is really not that hard once you have invested the short time to set up an Excel sheet. Afterwards you simply export the reports as CSV and add them into your sheet.
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