Yes I agree with you that people are extremely biased towards bitcoin and yes of course it is one of the best cryptocurrency which is having huge demand and highly volatile in nature.
Transaction's fee really matter's a lot here for small traders with small amounts, and i think it will soon settle down during the upcoming fork. I have noticed that before the fork the transactions fees just surge's and decreases once the fork has been ended. Once the demand get's filled or fade away then bitcoin won't be able to compete with other coins which are good both investing wise and technological wise as it will gain demand based on it's technology in future for sure.
Maybe but maybe not and all these forks are not good for your average bitcoin user, all these ''complicated'' issues are scaring people away from bitcoins or cryptos in general, which might be ok for now but eventually it's going to be damaging. |
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So which exchange does everyone think we should be on now, since the last one didn't work out?
stock.exchange seems scary but i have not had any problems, have bought/sold multiple times without issue. that being said, with the current active dev team, i see no reason why they cant foot the bill for a good exchange with decent volume... And to be fair, look at bittrex, supposedly one of the best exchanges that almost turned out to be a scam, no exchange is really safe so I wouldn't be too afraid of using stocks.exchange. |
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Is withdrawal OK now??
Thanks.
No it's not and it will never be. You have to verify in order to withdraw, there is no other way. They claim they are hiring more people for their support team so you should try now. |
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Before to talk about a bubble, you need to wait for its explosion.
Due to its uninflationary nature, bitcoin has still a lot of space for grow, you'll see.
Then, may be, there will be some correction.
Was internet a bubble?
How do you define that explosion? I would say that reaching 20k was a hell of an explosion that almost no one saw coming. It was useful tho, we can see that bitcoin does not do well when it's worth so much, look at the fees and transaction times, bitcoin is not ready for this price. |
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Most people here and reddit will defend bitcoin no matter what instead of looking at the problems. Every time someone comments something about the speed or transaction fees they will just yell ''FUD'' or ''Another attack on bitcoin'' but it's not always that. I have been a strong supporter of bitcoin myself but we have to face it, it's not in a good position right now, sure the price is great but what else? Insane fees that are not getting solved any time soon? I know the demand is high but the ones that are buying are just buying to sell eventually not to support bitcoin, not to use it. The demand will eventually fade away and what do we have left? An outdated bitcoin that won't be able to compete with better coins.
It's ok to point at bitcoin's problems, but it's NOT ok to sell your altcoin as the solution to bitcoin's problems, when your altcoin is not a solution but a scam making false promises. There's not a single altcoin that scales anywhere without ending up with the same problems. Tall these POS and tangle coins are nothing but scams. LN will solve the scaling problem, just give it time for it to be properly released and implemented in websites all over the world. Maybe they aren't but I can send ethereums almost instantly with far less fees right now. I'm not saying ethereums would scale better but right now, why should I buy/use bitcoins when I can buy/use ethereums? If I'm just buying bitcoin as an investment I might as well just buy eth or other alt coins that can do a 2x or 3x much easier than bitcoin right. Not everyone agrees that LN will actually work that well. Historically the solutions haven't really been too effective. |
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The volume of the futures is almost non-existent. It's clear that professional investors don't care too much about bitcoin so it's not impacting bitcoin at all. The numbers corraborate that. Everyone was speculating to what the outcome was going to be and it turns out that no one serious cares about it.
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Most people here and reddit will defend bitcoin no matter what instead of looking at the problems. Every time someone comments something about the speed or transaction fees they will just yell ''FUD'' or ''Another attack on bitcoin'' but it's not always that. I have been a strong supporter of bitcoin myself but we have to face it, it's not in a good position right now, sure the price is great but what else? Insane fees that are not getting solved any time soon? I know the demand is high but the ones that are buying are just buying to sell eventually not to support bitcoin, not to use it. The demand will eventually fade away and what do we have left? An outdated bitcoin that won't be able to compete with better coins.
While arguing the fact that Bitcoin fees is rising, have people looked the other aspect? The second best cryptocurrency (can by argued) is Ethereum and transaction fees of ETH lies between $1-8.5 depending upon GAS limit just at this level of adoption. Think if it reaches at the level of BTC adoption, what would be the fees! Same is the case with other coins, their fees depend upon their spread. The fees of Bitcoin is high because it is most spread cryptocurrency and huge number of transactions are made daily. I doubt if any other coin used at such spread can deliver transaction at relatively lower fees. More or less every coin is Scalability prone. Same assumptions on here which we do argue about the fees without even thinking that if alts would go on the current position of bitcoin regarding on adoption level would completely experience such problems too but yet its not still sure if they would but chances would really be big. Adoption is one of the reasons why these fees rose up high together with the greediness of those miners which isn't really surprising at all. People would always be biased on the things on where they do benefited the most. Sure but that's still a problem, regardless if alts would experience the same or not. You can't just say, yeah fees are high but hey if an alt had the same price the fees would be high as well. That's what I'm arguing about, the price is too high and the technology is not there to sustain it. |
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Most people here and reddit will defend bitcoin no matter what instead of looking at the problems. Every time someone comments something about the speed or transaction fees they will just yell ''FUD'' or ''Another attack on bitcoin'' but it's not always that. I have been a strong supporter of bitcoin myself but we have to face it, it's not in a good position right now, sure the price is great but what else? Insane fees that are not getting solved any time soon? I know the demand is high but the ones that are buying are just buying to sell eventually not to support bitcoin, not to use it. The demand will eventually fade away and what do we have left? An outdated bitcoin that won't be able to compete with better coins.
Transaction fees bothers most of the people especially small fund earning cannot able to exchange their bitcoins in the needy time. But you will find bitcoin transaction fees recovered with the effect of upcoming fork. Most of the trollers will be always goes on pulling down and give information like it is been used on buying and etc. That's another issue to be honest, all these forks are getting out of hand. Also people still think that bitcoin is a currency but who uses bitcoin as a currency right now? Even the developers that maintain bitcoin's code right now think bitcoin should be treated as a store of value not as a payment option. |
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Most people here and reddit will defend bitcoin no matter what instead of looking at the problems. Every time someone comments something about the speed or transaction fees they will just yell ''FUD'' or ''Another attack on bitcoin'' but it's not always that. I have been a strong supporter of bitcoin myself but we have to face it, it's not in a good position right now, sure the price is great but what else? Insane fees that are not getting solved any time soon? I know the demand is high but the ones that are buying are just buying to sell eventually not to support bitcoin, not to use it. The demand will eventually fade away and what do we have left? An outdated bitcoin that won't be able to compete with better coins.
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I would still believe that bitcoin today would be the biggest buy gain. Unlike from the other bubble your pertaining to, they are being dump because products for being replace by the innovation. Bitcoin still improving its platform to continue its services for its users that why I think it will still improve in the future.
I don't know what you are talking about or smoking but bitcoin needs to improve much more and it's not doing it. Have you seen transaction fees and speeds? Not good at all, there is really no point in using bitcoins right now unless you are speculating. A coin that is only supported by speculation wont last long. |
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All exchanges are slow as fuck now, I don't know if it's because all the influx of new users or something else but I'm personally waiting for a verification that, in their own words, should take around 24 hours and it has been a week already.
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Anyone know the max withdrawal amount from Stocks.Exchange to your wallet ?
I am testing it at +100 coins at a time... but I bought 75,000 coins so it could take me all day at this rate.
A few weeks ago it was rejecting more than 50 coins at a time... but I've made it up to 700 so far.
Anyone able to save me some time and confirm what the max is ?
50000 Thanks -- 50k worked for me now. Looks like ITNS / the exchange is maturing nicely. Te exchange no is good I mean, it's not amazing but it's not that bad either. I bought many coins there and it worked fine. It's unfortunate that bit-z fucked up but the coin will eventually be listed into a better exchange. |
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Part of me feels compelled to point out growth charts depicting automobiles replacing horse drawn carriages resembled a bubble. The growth of personal computers and operating system manufacturers like microsoft resembled a bubble, as they replaced more traditional paper trail based office systems.
One valid question may be whether crypto currencies represent the next evolution of banking and electronic payment systems. If a case could be made for bitcoin eventually making banking systems and electronic fiat obsolete. What we could be seeing is what happens when someone succeeds in inventing a better mousetrap. In that case, bitcoin wouldn't be a bubble, it might better be described as the future? If that makes sense.
It could come down to how much of a legitimate need there is for technologies like bitcoin. That's something that isn't easy to measure as far as I know. If there's a real and dire need for bitcoin and crypto currencies which will sustain their growth, it may not be a bubble at all.
Also keep in mind the chart which depicts bitcoin's growth could be misleading. Bitcoin reached an all time high of greater than $1,000 around 2014. A case could be made for btc trading at nearer to 10x its ATH, which could be sustainable, rather than the 40 to 60 x some cite back to around 16 months ago.
The blockchain is amazing, bitcoin not so much, at least not as payment or currency. It just doesn't work with such high fees and it's still slow, I can buy stuff with paypal instantly, not with bitcoins. It is the biggest bubble for sure. |
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cex is a SCAM.
I deposited 800€ over two weeks ago and my money is nowhere to be seen.
There is no customer support. Nobody answer my tickets.
Money stolen by cex.
They pretend to be an exchange but they are thieves.
Not just you either but a lot of other people have similar issues with cex.io. I actually wouldn't really hesitate calling them a scam right now. I see their ads every single day on youtube, which shows that they are still willing to spend money on advertising their business. Yet they don't seem to have spent any effort in maintaining the accounts of their customers which really sucks because i remember they were one of the best places to exchange fiat to BTC before, with cloud mining as well. Keep contacting support and hope to see a response. That's pretty much all you can do. If you look at the scam accusations every exchange is a scam. I can't seem to find any exchange without scam accusations. I personally have used CEX.io and everything went fine. It's also true that most of the times is the user's fault. Did your bank process the deposit OP? They acknowledged recieving my deposit and told me they needed 3 days of processing. Then they told me it could take up to 14 days and from then just automated answers. Money stolen. CEX IS A SCAM. I honestly doubt that, can you provide any screenshots of the tickets and what they said and what you said to them? When did they tell you it could take up to 14 days? |
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Bitcoin is far worse than many many other cryptocurrencies. Ethereum, for example, got a lot of advantages with the better block time and the better technology. Blockchain technology is useful for far more than keeping track of a currency's balances, and Ethereum lets developers build applications without having to build their own blockchain.
Litecoin is like Bitcoin in many ways, but it has a faster block generation rate and hence offers a faster transaction confirmation.
Dash (originally known as Darkcoin) is a more secretive version of Bitcoin. Dash offers more anonymity as it works on a decentralized mastercode network that makes transactions almost untraceably
Bitcoin price is not reflected in its technology, in fact most coins aren't really dependent that much on their technology to achieve success. Many many shitcoins have a high value and many high quality coins have a low value. This will eventually change in the future but for now, you can get rich investing in shit coins. Welcome to the crypto world.
We are seriously in full hype mode at the moment. Good tech is being beaten by great marketing. The hype must go away at some point, but who knows when..... I'm pretty sure there will be so many better coins than bitcoin made in the next few years. But the network effect is seriously strong... Yeah but if what you want is to get rich, many other coins are better, specially right now. It's not extremely hard for bitcoin to do a 2x for example but not that hard for the other coins, in fact some of them have a ton of potential still. |
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Hi DEV team, is there any chanse to put 2FA on wallet?
Regards
Interesting idea. The wallets already offer options for password encryption so adding 2FA might be overkill. 2FA would be an excellent additional layer IMHO. If a user gets their system compromised by a keylogger virus, 2FA would still render the wallet useless even if the attacker gains both the wallet files and the encryption password. Unfortunately it doesn't work that way. 2FA uses a private key which would be in the same system than the wallet itself, so it could be stolen along with it. Unless I'm completely misunderstanding (which is entirely possible) the legitimate wallet owner would still have to authenticate on his/her 2FA device, no? If the private key is stored in the same system, and I don't know this, the hacker would just still the private key that allows you to disable 2FA so he wouldn't need to authenticate. As far as I know. |
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is anyone here buying ITNS or just Mining ?
im guessing mining since the volume is still very weak .
that just gives me a better opp to buy more.
yes this coin early in development but still better than most out their imo
just a matter of time till we are over a penny + and no reason we shouldnt be over .10 next year just on hype alone
i bought a few threw the exchange and tranfered to my wallet - transaction took about 2
that makes it a great coin for exchanges that alone will drive up demand and price --
thats all the hype with LTC -- super quick -- just saying the Obvious
I personally bought a lot very cheap, still very cheap. It has the option to go much much higher, easily x10 even x50. There is also low volume because not many people use that exchange (stocks.exchange) same here - bought many 1mil+ i like what the devs said - their not selling till $1 and then maybe @$100 has potential for past $1 - so many shitcoins worth so much on hype alone this will flower into omething beautiful - we need marketing to make it happen - we are in the beging now and tomoroww whatveer the anouncement is will get more eyes on ITNS .  Reaching 1 dollar seems really hard, definitely possible but hard, 100$ is basically impossible, too many coins. Short term it definitely has the potential to be around 0.1 $ |
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This will be a fun thread to look back on by the end of 2018. I want to just log my thoughts here, so that I can come back a year & 2 weeks from now & see this post.
It's definitely possible that BTC could go to $500,000 by the end of 2018. Look at what people were saying at $1k..."I'll eat _______ if BTC goes to $10k by the end of 2017". Now we are at the end & it's nearly double that.
The thing is that only a small portion of the world's money is in BTC right now. As price continues to climb, more people go from "wtf is a bitcoin" or "It's a bubble", to "How do I buy some of that".
If price ends the year at something like $25,000, then that is only 20x for BTC to reach $500,000. I use the word only loosely, because currently in the cryptosphere you can say only 20x & people say "yeah, that's nothing".
Price can only climb so high without actual support. All of this is speculation, demand will eventually not be there and whats left for bitcoin? Huge fees? Outdated technology (eventually) |
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That was long ago though, funny thing is that he was definitely right and all of the coins listed there are worth x5 or more right now but everyone knows them now. |
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cex is a SCAM.
I deposited 800€ over two weeks ago and my money is nowhere to be seen.
There is no customer support. Nobody answer my tickets.
Money stolen by cex.
They pretend to be an exchange but they are thieves.
Not just you either but a lot of other people have similar issues with cex.io. I actually wouldn't really hesitate calling them a scam right now. I see their ads every single day on youtube, which shows that they are still willing to spend money on advertising their business. Yet they don't seem to have spent any effort in maintaining the accounts of their customers which really sucks because i remember they were one of the best places to exchange fiat to BTC before, with cloud mining as well. Keep contacting support and hope to see a response. That's pretty much all you can do. If you look at the scam accusations every exchange is a scam. I can't seem to find any exchange without scam accusations. I personally have used CEX.io and everything went fine. It's also true that most of the times is the user's fault. Did your bank process the deposit OP? |
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