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1341  Other / Off-topic / Re: Favorite Bitcoin exchange? on: May 20, 2019, 09:01:00 AM
There are hundreds of Bitcoin exchanges which anyone can sign up for and start buying Bitcoin quickly and effectively. Personally, I use Gemini or Kraken. Gemini has an excellent interface and low fees, while Kraken offers some of the best crypto assets and is one of the oldest exchanges in existence.

The real question is... What is your favorite Bitcoin exchange?

I like Binance, KuCoin, and Bibox. I have not tried Kraken or Gemini, but perhaps I should check them out.

As for decentralized exchanges, some work needs to be done to make them more user-friendly, but IDEX seems to lead the pack in terms of user-friendliness. However, it lacks support for bitcoin and only allows Ethereum and Ethereum-based tokens. In time there will be a solid decentralized exchange for trading bitcoin.

Coins, in my opinion, are the best in terms of UX, though I know that binance is still the best among other exchanges. I like playing because in terms of security so far there have been no problems like binance. The transaction process is quite easy and almost the same as binance.

But if you want a very good exchange to buy bitcoin, in my opinion bittrex is also good but unfortunately the registration and kyc are quite difficult
1342  Alternate cryptocurrencies / Altcoin Discussion / Re: pump end or only correction? on: May 18, 2019, 01:26:17 PM
See the market has started to fall, all crypto coins show red. many say this is a correction at the moment, but there are some who say that the Whales has begun to Dump altcoin.

so does this mean the pump is over?

bitcoin has returned to 7000, without any major changes to altcoin. do you think this is good?

who is here who got the profit from the altcoin yesterday?

We already in correction situation since Bitcoin pump for so long from wave 4 the possibility to touch is around $6500 to $6300 then we will see a wave 5 but this is only my observation on the chart it can be happen or not since Bitcoin is so unpredictable if you got a profit now then sell it and take your profit just wait for hard fall to enter.

But in my opinion the current state of bitcoin is a correction and this is a natural part of the market. Like in 2017 before bitcoin touched $19k, bitcoin passed a lot of corrections. So I'm sure now it's better to save more and wait for the pump to return.
1343  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum will Boom ! on: May 18, 2019, 12:41:30 PM
Chainlink impact on ETH won't be that huge to cause a boom in price ,I believe ETH can do that on its own when the time is right and by right timing I mean 2020 I believe ETH will prove better

ETH can do it alone, but that's when bitcoin rises. I think the impact of this chainlink can increase the power of the ETH pump, especially when the bitcoin situation is as good as yesterday.
I also believe that all coins in 2020 will be successful again, this is also due to bitcoin halving at that time.
1344  Bitcoin / Bitcoin Discussion / Re: How To Accept Crypto Payments On my webite. on: May 18, 2019, 12:28:17 PM
Bitpay according to it is also good, but I don't really understand the system yet. If you want to use a payment gateway for your website, try coinpayments.net maybe this can help in making a payment gateway. And Coinpayments itself receives more than 1000+ altcoins, you can read it more clearly on the official website.
1345  Economy / Speculation / Re: RED is spreading like a wildfire on: May 18, 2019, 12:16:51 PM
I have not for once expected price to keep increasing because we are in a volatile market where we can not predict the future but we can only speculate about it but not accurate. The market today is not in a good state however correction is part of the market and at that we have to go through this phase.

yes right, correction is part of the market when prices rise or fall, each growth must have a correction without correction that bitcoin will not reach its high point. When correction, we can make a signal to do OP before continuing its growth. And I think now is the time to do OP in support areas.
1346  Bitcoin / Bitcoin Discussion / Re: SUDDEN CRASH on: May 18, 2019, 11:58:17 AM
No bro, this is only the market's natural state when it has reached its saturation point. This is just a correction, so don't worry, this is a good opportunity to stock Bitcoin more.
The bitcoin chart is still safe, after heading for support it will definitely experience a rebound.
1347  Economy / Exchanges / Re: Binance KYC on: May 16, 2019, 12:50:31 PM
I think the 2 BTC withdrawal is more of a protection method for them to protect their liquidity and to prevent a type of Bank rush scenario when things might go wrong and not much of a KYC/AML regulation requirement.  Roll Eyes

It is also a protection method from large withdrawals, when a hacker finds a exploit and try to withdraw all the coins in one day. It gives them some time to react when people's accounts gets hacked. <They can also shift coins to cold storage, when it gets noticed>  Wink

One way to get past any restrictions would be to open multiple accounts with family members details. <obviously with their consent>

Sure enough, this system is powerful enough to reduce losses when their system is hacked. The 2BTC limit for users who have not yet verified and if they have passed the strict verification step, the user can make a withdrawal of up to 100BTC because binance has done the copy to that user.
1348  Bitcoin / Bitcoin Discussion / Re: The only safe haven currency is Bitcoin on: May 16, 2019, 12:26:36 PM

3) I will have to ask a general question? Why many governments are classing Bitcoin as a property & not a Currency.


It's just a matter of perspective, how one understands bitcoin. Maybe most governments don't know bitcoin and only see what the news media reports that bitcoin is a future asset. And this is not spared because the bitcoin capital that is increasing every year, people use it as an investment field even though the creation of bitcoin is not for that. So the conclusion we can assume is that bitcoin is a versatile digital currency that brushes aside the world's financial problems.
1349  Bitcoin / Bitcoin Discussion / Re: Whales = high fees on: May 16, 2019, 12:15:42 PM
If you are moving 100s of BTC around then you don't mind paying $2 transaction fee to get it done quick.  You can afford it.  It hurts the rest of us though as we can't.  Btc will always be at the mercy of the whales.

Only a few whales make transactions compared to small users, whales trade more often than transactions outside of trade. So no need to worry about high BTC transaction fees, because it does not have a large impact on fees
1350  Bitcoin / Bitcoin Discussion / Re: Bitcoin Winter: Can We Prevent it From Happening Again? on: May 16, 2019, 11:46:01 AM
All can happen again to bitcoin, because the price fluctuates. Bitcoin has experienced winter many times since it was created, in 2014, in 2018, and sometime it happened again. But calm down because this is normal, and no one can prevent this natural market movement. Believe that bitcoin will continue to grow and I am very sure now, the situation will be over in 2017.
1351  Economy / Speculation / Re: Explain the cause of Bitcoin 'not coming down' on: May 16, 2019, 10:17:07 AM
Is this your own presumption? I like your opinion about the rise of bitcoin, but this could only be one of the reason but if this one is true, it's a major reason for the pump. I just imagine how much money will be poured in crypto with this trade war, and AFAIK crypto exchanges are ban in China, so how are they gonna acquire bitcoin?

In China, bitcoin trading is indeed prohibited, but it is possible for those people to buy illegally and secretly, there could be a broker who sells bitcoin in China. No matter how tight the government prohibits bitcoin, in fact the population still has a great desire in the freedom to transact.
1352  Bitcoin / Bitcoin Discussion / Re: Hope I can still ride the bull. on: May 15, 2019, 01:31:16 PM
I've been away from the forum for the past few months because of some projects that needs full attention. I've never even opened or read any news about bitcoin's performance for the past few months until I bumped a very good friend of mine and told me that bitcoins on the bull. So I checked online and seen some good greens and was very much excited to get back into trading.

I've already lost track of the current events regarding crypto so I need to catch up and get back to the forum again to gain some vital information.

I just found out that the only trading platform I used to trade got hacked. (Binance)

I really wanted to play part of the bull runs and wanted to earn profit so I'd like to ask for your help and suggestions on what trading platforms I may use as of the moment

Thanks in advance! More power to you guys!  Wink

Kucoin is a very good alternative trading exchange besides binance. So far Kucoin does not have a trace of bad events such as hacking on binance, users also feel comfortable. I think this is the right exchange for you to welcome a bull run.
1353  Bitcoin / Wallet software / Re: Which is best Bitcoin wallet? Other than hardware on: May 15, 2019, 01:17:42 PM
So far electrum is the best wallet I've ever met, you can visit the site https://electrum.org/.
Electrum also supports multiple addresses, so you don't have to worry about transaction fees. And the safety of electrum itself has so far been very good and no doubt.
1354  Bitcoin / Bitcoin Discussion / Re: Exchange Hacked - Thief Caught? on: May 15, 2019, 11:55:05 AM
Can those hackers who steal coins from online wallets be identified and arrested? Any news before that anybody were arrested?

Yes, there are some incidents of hacker stealing crypto being brought to Justice and plenty more where they walk free with pride and money. And in some instances, they were able to bring back the stolen funds without getting the hackers.

But from the many cases of exchange hacking, the average perpetrator was not arrested. Even the police themselves cannot arrest the perpetrators because the decentralized system cannot be traced.
Especially if the perpetrators have hacked a large exchange like binance yesterday, surely they are smarter in hiding their identities and this is one of the weaknesses of the crypto system adopted.

1355  Bitcoin / Bitcoin Discussion / Re: WeChat and Crypto on: May 15, 2019, 11:43:47 AM
when many large industries accept crypto, such as Facebook, Twitter, Samaung, Whatsapp.  but other applications like WeChat choose to ban users from crypto trading.  I see WeChat's decision will have a negative impact on the value of their quantity.  because the world today is very enthusiastic about the crypto world.you can see this source https://www.coindesk.com/messaging-giant-wechat-bans-merchant-users-from-crypto-trading.

WeChat is politically an extension of the Chinese government and because of that reality it has no choice but to bow down to the wishes of the government for it to shun cryptocurrency of any form and type. This is an exercise of the governmental power and influence over all business within the boundary and even beyond of China. Will this affect WeChat user base? The way I see it is not affecting since their users are mostly in agreement with the government and for now any opposition is silenced for good. In addition, this can never affect the cryptocurrency market in general as we are all moving away from the China factor since 2017.

right, Wechat is a company developed in China where China itself bans its people using bitcoin. So don't be surprised if this platform prohibits users from using crypto. But this will be a time bomb for Wechat itself, when all its users use crypto in the future.
1356  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Selfdrop tokens road to millionaire? on: May 15, 2019, 08:48:21 AM
Not all selfdrop tokens can be profitable, because only some tokens are truly valuable, most tokens are worthless and useless. Developers hold selfdrops to discard the remaining tokens from sales, but not all are only a few percent of the rest, the value is quite small.
1357  Bitcoin / Bitcoin Discussion / Re: Biggest inside job fraud ever? on: May 15, 2019, 08:36:55 AM
Yeah there are  alot of proven fraud pumps before but this one is very recent so people cant still prove if this was the whales doing this for their own sake.I dont think they would do this because thsi will be a huge gamble they are literary putting their exchange to a dice where then can lose bigtime or win

Some member of the exchanges before are being caught manipulating the market especially in South Korea cryptoexchange, but the recent pump now is different because we are not just talking about one exchange here we are talking about the whole market which is doing better. Yes, its a big gamble to the exchanges they can’t just take profit on that.

Yes, actually the bitcoin pump is not just because the whales pump and risk their money. I think these whales are indeed pumping, but when there is good big news, like now. Bitcoin can be pumped twice in a month. Maybe these popes use the news https://medium.com/bakkt-blog/bitcoin-futures-custody-bakkts-differentiated-approach-59b88d6984b5 to make a big pump.
1358  Bitcoin / Bitcoin Discussion / Re: Article claims bitcoin mixers are no longer safe on: May 15, 2019, 08:24:59 AM
It's been known for some time that bitcoins can be tracked even with the use of mixers. Perhaps the mixers add some complication for investigators, but they exhibit detectable patterns. I'd assume all bitcoin transactions are potentially trackable.

I do not agree if all bitcoin transactions are tracked, because bitcoin was created with decentralized technology with the aim that people can transact freely without legal restrictions.
Maybe you mean tracking aims to overcome scammers that keep on increasing, but on the other hand functional bitcoin is lost.
1359  Bitcoin / Bitcoin Discussion / Re: CoinGecko 2018 Crypto Report on: May 14, 2019, 10:12:31 AM

I suggested that the focus on these cryptos "top 10" and then assess them seriously than the evaluation of 1000 useless shitcoins.


That's right, there's no point at all in evaluating thousands of useless crypto, if one of the thousands of crypto is able to survive then that's the future crypto that will replace top cmc.
If the traders or investors only focus on crypto in the top cmc, it might be a new history for bitcoin.
1360  Bitcoin / Bitcoin Discussion / Re: A world of opportunities for freelancers on: May 14, 2019, 09:16:59 AM
Actually, if you know that there are many companies or individuals who hire freelancers, then they will pay for using crypto. In my country there is also a site for associations of freelancers who offer their services and then pay with bitcoin.
Is a bounty hunter not a freelancer? he was also paid in crypto
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