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241  Economy / Exchanges / Re: How can one lose money via Poloniex Lending? on: June 09, 2017, 12:22:51 AM
I like Uncle Pegasus's answer:

Let Uncle Pegasus dispense some priceless wisdom.  :
  
People are going to get so excited that they can buy on margin, so when they see a coin (ahem, ETH) go up and up they will naturally think, "Gee.... why am I limiting my profits!?  Let me borrow some more ETH based on the ETH I already own!"  They won't even look at the lending rates because who has time to worry about that?  
  
Then the price of ETH will go up.  
  
Others will see this and come to same conclusions, and also borrow ETH based on the ETH they already own.  
  
Then the price of ETH will go up.  
  
Suddenly, the price will stall slightly.  Now, the first borrower has a comfortable liquidation margin (to the point where it's not even an issue).  He thinks.... hmmm.... it looks like the market may retract soon and I will lose even more than usual based on the retraction.  Well, let me just fire a few more margin bullets at this problem and "help the cause".  
  
Then the price of ETH will go up.  
  
Others will follow suit, all doing their part to keep the price of ETH on the uptrend because they are all margined to the hilt in this thing together now.  All of them are pumping ETH hard because they all know they have a lot to lose now.  Also, those prices to liquidation are suddenly a lot closer than they once were.  The air of enthusiasm suddenly takes on a slightly desperate edge.
  
Then the price of ETH goes up.  
  
But nothing can go up forever.  Eventually someone will take profit.  Eventually one man in the madness will say, "Ok, enough.  Let me get the fuck out of here before this shit goes iceberg."  
  
Then the price of ETH goes down.    
  
The most margined-to-the-hilt fool is hit first.  His entire account is liquidated and sold off to meet the demands of those he owes.  This floods the ETH market with a little extra ETH than usual.  Supply will outstrip demand, especially at these inflated prices.  
  
Then the price of ETH will go down.  
  
This sets off a nuclear fission reaction that will cause ETH to FUCKING DROP LIKE A ROCK.  
  
And this children, is a story as old as time: the margin crash.  And we are going all get to see it again soon, and the traders, lenders, and even Poloniex will all learn a valuable lesson.

I have been lending at poloniex for a very long time as well. But I'm still wondering how many people have actually lost btc when lending.
242  Economy / Exchanges / Re: Beginner looking for advice. on: June 09, 2017, 12:02:09 AM
I'd go with poloniex.
I would just trade/buy pre-ICO tokens from other users on this forum, if possible.
243  Economy / Exchanges / How can one lose money via Poloniex Lending? on: June 08, 2017, 11:57:21 PM
I've been doing some reading and understand that it is possible to lose money when lending on poloniex, when the markets are illiquid or when the site gets hacked/shuts down.

The question is, how likely is the chance of one losing money from lending when the borrower is forced to liquidate, but not quickly enough?
Has it ever happened when lending with BTC?
244  Economy / Digital goods / (WTB) A sneaker bot on: June 08, 2017, 02:20:46 AM
Want to buy either a custom sneaker bot or a licensed AIO bot.
PM me if you have anything!
245  Economy / Currency exchange / Re: WTB 0.6 BTC with paypal or interac (CAD) on: June 03, 2017, 05:13:34 PM
PM'd!
Purchased the bitcoin from guitarplinker, thanks!
Will lock for now.
246  Economy / Currency exchange / Re: WTB 0.6 BTC with paypal or interac (CAD) on: June 02, 2017, 11:58:11 PM
Looking for around 0.6 BTC more.
247  Economy / Auctions / Re: Selling faucet domain. Alexa >90k on: June 02, 2017, 10:41:55 PM
I am lowering the starting bid to 0.1BTC, Please PM me for the link of the domain. You will get the script for free with the domain purchase.
I am interested.  Please send me all of the statistics including traffic and earnings.
248  Economy / Currency exchange / Re: Looking to sell 0.6 BTC for e-transfer to crotan bank on: May 27, 2017, 03:07:39 AM
I can do this if you're willing to it via friends and family through paypal.
249  Economy / Computer hardware / Re: [WTS] Pandaminer, GPU Rig and parts on: May 23, 2017, 03:50:37 AM
Are you able to change delivery address for the panda unit so it gets delivered directly to me if I buy before that? Saves shipping and turn around time.
Was wondering this as well.
250  Bitcoin / Bitcoin Technical Support / Re: Unusally large transaction size? on: May 22, 2017, 02:20:22 PM
https://blockchain.info/tx/d8b5c8f08ad95426d53a2380d6675b30134de39fbfc24792e08483f296be684d

1 input, 1 output, how is it 1124 bytes? Is there something I'm missing?  Had to pay $4 - $5 for a $80 transaction lol, and still might take a day to confirm.  Any ideas?

Actually there are 6 inputs and 1 output, just click the "show inputs and coinbase" link on blockchain.info.
The number of inputs is not the number of wallets the money comes from; it's the number of transactions the money comes from.

Yes you are missing something. Press "Show scripts & coinbase" and you'll see that the transaction has 6 inputs.


Thanks.  I've been relying on trezor.io to tell me my transaction size before hand this whole time.
251  Bitcoin / Bitcoin Technical Support / Unusally large transaction size? on: May 22, 2017, 02:16:22 PM
https://blockchain.info/tx/d8b5c8f08ad95426d53a2380d6675b30134de39fbfc24792e08483f296be684d

1 input, 1 output, how is it 1124 bytes? Is there something I'm missing?
252  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Transaction Catastrophe: Please Help! ($5 Bounty) on: May 22, 2017, 02:13:49 PM
I just submitted your transaction to the ViaBTC TX Accelerator... fingers crossed it gets a confirmation when they mine their next block.
How did you manage to do that considering they are beyond limit 24/7? Roll Eyes
253  Economy / Currency exchange / Re: WTB 0.6 BTC with paypal or interac (CAD) on: May 21, 2017, 02:18:36 AM
I have had many such deals. I can deal with you but i take 15% commission on it. PM if you are ready
No thanks.  Read the OP please.  Still looking.
254  Economy / Currency exchange / WTB 0.6 BTC with paypal or interac (CAD) on: May 18, 2017, 06:15:50 PM
Title.  Looking to purchase today, bitcoinaverage or preev last.  Send me a PM if you're looking to trade, prefer to do it all in one go. Done

Got initial purchase fulfilled, now looking for ~$1k more, or 0.33 btc.

Looking for around 0.6 BTC more.
255  Economy / Currency exchange / Re: Have BTC looking for PayPal on: May 18, 2017, 06:14:34 PM
Thanks everyone.  I am getting to the messages now
Sent you a pm.
256  Economy / Lending / Re: I Need a loan 0.25 btc for my college fees (urgent) on: May 14, 2017, 08:22:46 PM
This is the lending section, not the begging section.

You seem perfectly fine and healthy.  Maybe go work like a normal person?
257  Economy / Digital goods / Re: [WTS] 56K liked CS:GO facebook page for sale! on: May 14, 2017, 07:39:55 PM
I am interested.  Please PM me with as many details (statistics) about the page as possible.
258  Economy / Auctions / Re: Running Bitcoin faucet for sale !!!! on: May 13, 2017, 09:22:11 PM
Hello ,
We are selling our running Bitcoin faucet

Pm to know the daily income from faucet and more info

Buy now : 0.2btc

Bid start : 0.05btc

Increase : 0.025btc

We need to sell this faucet urgently so pm your best offer that we can't refuse
Gotta provide the details first.  PM me.
259  Economy / Currency exchange / Re: (WTB) 0.33 BTC with paypal or interac e-transfer (CAD) on: May 09, 2017, 12:11:00 AM
Hi Monbux,

I have 0.19187126 BTC ready to be exchanged with Paypal.
Your conditions are fine (Preev rates and you cover transaction fees)

Thank you
Thanks superiorus for the trade.  Thread locked, but I will be looking to purchase another bitcoin or two in the upcoming week.
260  Economy / Services / Re: ★ Coinroll ★ Signature Campaign ★ on: May 05, 2017, 01:03:46 AM
I just checked in with the team and read up on the current issues in tracker. They are fixing the tracker currently. Some of you were paid last week and your balance never went to 0. The fact that 2/10 users reported this issue is pretty disheartening.

Ill try n find out when they plan on making the next payment
I'm pretty sure in my case the balance was deducted anyways.

Quote
Why would you care ? You are not affiliated to the campaign or the website in any ways possible.Or are you ? You seem more concerned than the people who are part of the campaign.Quit it.

The user is just trying to boost his post count.
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