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BTC and LTC withdrawals not working. Some alts do work (I successfully withdrew CTM today) but others don't work -- I tried BatCoin withdrawals about 5 times today,and they're definitely frozen right now. Not looking good... it is pretty obvious that they are insolvent.
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I just purchased 50GB code - it was sent and worked as promised. Thanks!
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Still better than those other faucets that you need to go to every day in order to get 1 satoshi or something. This one gives you Fedora, Ltc, Btc, FTC and some others every day automatically. It's true- it is only a tiny amount, but it's still better than nothing (and you never know - some of these coins could be worth 10x or 100x their value in a year, and then you'll be glad for every drip you get! If you want to sign up. PLEASE USER MY REFERRAL LINK! http://www.qoinpro.com/b50ccfa4e0e0e9e89286352143baeb20
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As I see it, there are three ways the Mt. Gox fiasco could play out in the short term:
(1) Mt. Gox announces in a week or two that they have finally fixed all of their issues, and are completely reinstating BTC withdrawals. (2) It becomes clear that Mt. Gox is completely broke (e.g. it had a massive theft of BTC by insiders, was hacked, etc), and will never reinstate BTC withdrawals. (3) Mt. Gox drags this out for another month, and then only reinstates very limited withdrawals with a small cap on daily withdrawals.
My predictions: (1) If Gox actually fixes their issues and reinstates BTC withdrawals, the price on all exchanges will increase significantly. My guess is that BTC would shoot up to the $700-800 range within a few days, because a true fix would provide a huge reassurance to the world at large on multiple different fronts. First, it provides reassurance that the BTC protocol is not fatally flawed in some way (of course, anyone who knows something about BTC realizes that was never a real risk, but the distinction between transaction malleability and a core protocol issue is too subtle for most non-techies). Second, a fix provides some reassurance that BTC isn't something that is just too complex and esoteric to gain wide acceptance (i.e. some people are probably thinking "well, if Gox can be brought to its knees because they overlooked some little technical detail, that kind of thing is probably going to happen many more times in the future, and crypto is just never going to be able to go mainstream).
(2) If Gox is defunct, BTC will decrease significantly. The market is already factoring in this possibility to some extent, but based on the exchange rates on bitcoinbuilder, it seems like the market consensus is putting that likelihood at less than 50%. Plus, I am not sure that the market has yet fully factored in the potential snowball effect of lost confidence in cryptos generally that could result from the complete collapse of Gox.
(3) If Gox keeps dragging this out, it puts some downward pressure on price, but not so great that it couldn't be overcome by other news (e.g. favorable announcement by a government or a very large retailer).
I hear a lot of people saying that if Gox reinstates withdrawals, the price is going to go down because of the huge number of current Gox users that will suddenly be able to sell their BTC on some other exchange for double the price. However, I think that reasoning completely overlooks the massive upward pressure on price caused by increased confidence in BTC generally, and also wrongfully assumes that a large portion of GOX users will suddenly want to cash out to fiat (rather than simply holding on to their BTC in a wallet or on some other exchange).
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There have been rumors that internal Gox BTC--> Gox BTC transfers between Gox accounts are now on hold too. Can anyone confirm if that is true? Anyone do an internal Gox to Gox tranfer within the last 12-24 hours ?
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I know the giveaway is over, but I'm still hoping I get lucky!
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Liked! Thanks
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As soon as you sign up, you start receiving bitcoins, litecoins and feathercoins. They are also in the process of adding fedoracoin, worldcoin and earthcoin too. As I see it, qoinpro has two huge advantages over other faucets: (1) unlike every other faucet I know of, you don't need to visit every day -- you just sign up once, and the drips come in automatically; and (2) for every referral that signs up, your drips multiply, up to a maximum of 1200x. You also get a smaller multiplier if your friends refer more friends (and so on) up to 7 levels deep. Sure, the amounts are small, but with the multipliers, they can actually add up to real money. Plus, you don't need to ever visit the site again after signing up, so even if its small money, its worth it because there's no time commitment. If you want to sign up. PLEASE USER MY REFERRAL LINK! http://www.qoinpro.com/b50ccfa4e0e0e9e89286352143baeb20After you sign up, you can post your referral link in this thread if you want others to use your link to pay it forward, and then we can all get the multiplier bonuses.
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Debitme- i signed up under your name! If anyone wants to pay it forward, sign up under my referral code!: http://www.qoinpro.com/b50ccfa4e0e0e9e89286352143baeb20For those of you who posted above that the drips are going to amount to like $2 per year - you may be right. I personally like seeing the tiny drips into my wallet every day, even if it isn't amounting to "real" money. Plus,there is always a chance that some of these coins skyrocket in value, and the drips actually turn out to be worth a lot more than you expected. And hell, its free anyway, so there's no real downside.
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At some point in the next 1-2 weeks there'll be a selloff as big miners offload their stakes and I'll be waiting to buy some.
Don't you think the big multipool miners are already offloading their stakes every day (or more frequently)? Just because they stop mining doesn't mean there's going to be a sudden off-loading. If anything I'd expect block halving to put an upward pressure on prices.
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It is not acceptable to just make a coin (and user's balances) disappear for a month with no explanation. If you want to gain credibility as a legitimate exchange (and show you aren't like MtGox), fix this issue ASAP, or at the very least, give timely updates on the status.
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Definitely possible - I think the next 6 months will be really interesting for Collossuscoin. It has a great team of developers, interested community, and isn't just a plain fork like a ton of other new altcoins. It's one of my favorites at the moment.
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728
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1'st rule of trading; sell for more than you paid + fees every time. A doubling of your money can take 6 trades in one minute or 3 months, that depends on the market being wild enough while you look at the ticker.
Trading is not hard, just take luck out of your calculations meaning don't trade on what you think will happen, BUT ON WHAT HAPPEND! Very important that last point, then you wont ever loose money on a trade.
That is a bit like saying "the first rule of roulette is to make sure to put your chips down on the numbers that will be picked."
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However many you want!
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Thanks!!
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777Coin username: James29
Thanks!!
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Thanks!!
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I can't mine because my computer is too crappy but if I could I would use dedicatedpool for sure. I'm telling my friends to go there now! Such Pool! Wow!
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Great new website! Should the welcome page say "A new type OF cryptocurrency"? (the word "of" is currently missing). Other than that, it looks really good!
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Thanks!!!
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