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7581  Economy / Speculation / Re: Bitcoin drops to lowest level this month as price falls below $6,300 on: November 12, 2017, 05:26:32 PM
Actually, $6000 seems to be under threat. Bitcoin is in the end a momentum trade. When prices were rising, they shot up through various levels ($5000, $6000, $7000) very quickly. Unfortunately, the same holds good on the way down.

It's actually holding $6000 pretty well. I wonder if the reason is that lots of coins are stuck in unconfirmed transactions and can't get to the exchanges? Bitcoin is also struggling to break the $6400 resistence.

If this continues it will trade in the $6000 - $6400 range till the mempool is cleared (or not).

You may be right after thinking about it, the long queue of transactions currently. But something to consider also is we are on weekend and tomorrow Monday and the following week coming we will start to see a more relevant situation. Also when the difficulty will increase the miners will surely come back to BTC.
I am in hurry to see what this week will give us
7582  Economy / Economics / Re: Amazon and Bitcoin on: November 12, 2017, 05:11:56 PM
Just rumors with no official announcement. A rumor stays a rumor unless it is confirmed. And the rumor comes from the fact that Amazon bought a few domain names related to Bitcoin/cryptocurrencies, nothing more.

Have you ever think that Amazon may have registered those domains just as a protection against cybersquatting or similar? And it makes sense.
7583  Economy / Exchanges / Re: Cryptopia BTC withdrawal fee on: November 12, 2017, 04:53:42 PM
Yes, the BTC0.001 fee is normal in Cryptopia and I think it has always been like this. If not, at least it is for several months. I don't ever remember seeing  0.0001 BTC for Bitcoin withdrawals. Maybe you are making a confusion with another exchange? With Polionex perhaps?
7584  Economy / Scam Accusations / Re: [BEWARE!] - This Bitcoin Trading Platform just stole $38,000 from me! (PROOF) on: November 12, 2017, 04:42:13 PM
What a horrible story dude. What are they calling abusing trading, bots, or about any kind of supposed limits? Did they explain to you a bit more?
I suppose you asked them more about this so-called abusing trading, what is their reply?
Keep harassing them, at least make an agreement to get your funds back even if without the profits. At least you will have this back.
7585  Bitcoin / Bitcoin Discussion / Re: 134k unconfirmed transactions now. I'm starting to get really worried about this on: November 12, 2017, 03:33:33 PM
I made a transaction less than 24 hours ago and It has been credited within 1 hour. Anyway this scenario already happened and the same will happen, miners will come back to Bitcoin in 1 or 2 days. Not much to be worried about. There are surely lot of people selling their bitcoins in hurry right now.
7586  Economy / Exchanges / Re: Please, help me reach Bittrex Support on: November 11, 2017, 02:03:47 PM
Sadly for you, there isn't much to do other than trying all the possible channels available to be able to contact them. In your case, it may be good to try to use their slack if they have any, as well Twitter and Facebook, and of course, sending another support ticket. When you are in such situation everything is good to try.
7587  Economy / Service Discussion / Re: Coinbase in a nutshell on: November 11, 2017, 01:45:05 PM
The problem with Coinbase is their support that is a like ghost so if you have any problem good luck to resolve it. And another one is that it seems they like to make changes without really informing their customers. Like closing their account without telling why, if they decide to make changes regarding the countries accepted or not is fine but not telling about it and letting the surprise to people is not so professional.
If a bank decides to act like Coinbase it would be a scandal in the country.
7588  Economy / Economics / Re: Can bitcoin be regulated! on: November 10, 2017, 10:45:49 PM
Yes, I think that soon the government will regulate bitcoin since the authorities are not profitable when people can freely manage their funds and not pay taxes.

You're wrong. You can't regulate Bitcoin and you have to pay taxes with Bitcoin as well. Not doing it is called frauding your country, friends, and family.
As I said you can't regulate Bitcoin as it is decentralized and nobody can control it. But in the opposite governments can regulate the ecosystem, the service related to Bitcoin etc. But it's totally different.
7589  Bitcoin / Project Development / Re: What do you think about an idea to open a new cryptocurrency exchange on: November 10, 2017, 10:20:00 PM
There are a lot of cryptocurrency exchanges already, not saying you are wasting your time but you will need a really really good UI/UX to make a difference with others. Because the main thing is what are you able to bring different than others don't have or how you can do it better.
And I think there is a lot to do to reach this point.

Personally, I prefer fiat to crypto and crypto to crypto as well together.
I believe that if you plan to deal with allowing members to add fiats to buy cryptos you will have soon or later no choice to request a verification ID from them, especially when dealing with banks.

Good luck anyway Smiley
7590  Bitcoin / Bitcoin Discussion / Re: Bitcoin Trading Banks United Kingdom - Shut Down By Tide Bank on: November 10, 2017, 09:58:50 PM
When you do this with large volume and a lot of trades (too much for them) Banks consider that you are misusing your bank account (I referer to a personal bank account). The banks consider that your account is showing an activity behaving like a business does and suspect you to use your personal account to do business activities which are not allowed in almost every bank worldwide. Each bank has their own criteria but will never tell you wich. Add to this those who don't want to operate with any activity related to cryptocurrency and you' are done.

I thought Fidor is a bank faster than the traditional ones. Try to take a look at Mistertango
7591  Economy / Trading Discussion / Re: How to overcome the fear of holding? on: November 10, 2017, 09:45:23 PM
Simply forget about your coins. Stop to read any news related and stop to check the price daily or 2-3 times a day. You will have less stress and so less fear of your coins. Do it at least 1 month and you will see. 1 month is nothing in a life. After a month just do your usual stuff once a week, check the rate, read some news, ect, close everything and keep rolling the life.
7592  Economy / Web Wallets / Re: Invalid BTC Address on: November 10, 2017, 09:30:21 PM
I had this problem with Coinbase several times before. I have never understood the reason but I can tell you that the problem is from their side and not your. When it first happened I thought it was me but then when a friend had the same problem multiple times too I knew it is because of Coinbase and not people.

Try to copy paste the address into notepad and then copy from notepad to Coinbase.
7593  Economy / Exchanges / Re: Kraken account hacked 14k euros in unknown on: November 10, 2017, 09:16:39 PM
You can do anything with API but I think you still need a verification email when you add a Bitcoin (and other altcoins) address for a transfer outside your account.
I don"t understand well if the hacker has access to your email or not but you should contact Kraken as soon as you can for trying to get help from them.
7594  Bitcoin / Bitcoin Discussion / Re: Oh This is just the beginning on: November 10, 2017, 08:50:38 PM
All the SegWit2X supporters were told to change coin and to pump Bitcoin Cash now. So coins are moving from BTC to Bitcoin

Cash to pump up the price. Once it reach a specific level, people will sell... take profits and buy BTC again. So no need to

panic. We knew there would be a backlash after the SegWit2X failure. The SegWit2X guys are angry at BTC and they are

hammering Bitcoin Cash now.  Grin

Exactly. And you can add that we saw the same scenario some months back for the previous fork. I am not afraid anymore to the Bitcoin's value losing $1000 in a day or two. I know it will back to what it was very soon
As usual, there are those who started to panic and are selling their bitcoins
7595  Bitcoin / Bitcoin Discussion / Re: Google results show more people searching for Bitcoin than gold on: November 09, 2017, 02:48:21 PM
People prefer bitcoin over gold due to its capability to get higher prices in just a short period of time. Unlike golds that maintains its value as time passes by and sometimes depreciate.

No.
Everyone know what is gold and nobody is googling what is gold. People using "gold" as a keyword in a search engine are people looking to check the price or a new. Also investing in gold is much different compared to Bitcoin. People investing in gold are people looking to secure their funds for 10 years at least. While people investing in Bitcoin are people looking to make a profit quite quickly.

You are also wrong when you sa "Unlike golds that maintains its value as time passes by and sometimes depreciate."

7596  Economy / Services / Re: Sparta Services Twitter Campaign [OPEN] [0.0002 Per post] on: November 09, 2017, 02:16:21 PM
Link to Twitter Account: https://twitter.com/Bitcoin_Friend
Link to number of real followers on twitteraudit: 42,899 https://www.twitteraudit.com/Bitcoin_Friend
Link to your tweet: https://twitter.com/Bitcoin_Friend/status/928625736843481094
Link to retweet: https://twitter.com/spartaservices/status/925287190300626945
BTC Address: 32Tf7GovpLdYKnAE9CPPefq1XqvwBZBYYP
7597  Economy / Economics / Re: 99% of the people still think that fiat money are better than crypto on: November 09, 2017, 01:15:44 PM
Because Bitcoin is not enough used for the daily needs. You can't go to the supermarket and to pay with Bitcoin for example. You can't say to the cashier "Wait I am waiting for 6 confirmations"  Cheesy

But let's imagine Bitcoin is accepted everywhere to pay everything as we can do with fiat, the thing is different.
People can save money with the operating costs (banks fees, etc) and the merchants too can save money on the sales. Money saved that could lead to decrease the prices.
Or another advantage can be that Bitcoin doesn't have a limit for spending like we have with a Visa/Mastercard with their weekly/monthly limits.

It's the reason that we need to see Bitcoin adopted massively to get the most of it. The price can be $100k if no one uses it and it can't be traded then it's useless
7598  Economy / Speculation / Re: Investment Advice on: November 09, 2017, 12:34:54 PM
The price of BTC has been going to the moon lately, is it reasonable to think that it's because of the upcoming fork?

Do you guys expect that there will be a major crash after the fork the 16th of november?
If I recall there wasn't one after BCH was released on the first of august.



For sure the recent increase in the price is because of the fork. There is a large number of people who excepted to get free coins and so buying as much as they could, there are others reasons too. I am reading to see a correction until the end of this month but if nothing happens I won't complain. Everything can happen with Bitcoin. If I was in your shoes I would wait some days to see what it will result.

It's forbidden by the law of many countries to give adviced on this

The things are different when you are on a forum and the laws that need to be followed here on bitcointalk are the USA laws. And if for example, you give advice to not invest in X or Y nobody will punish you for telling don't advise to invest Ni X or Y.
7599  Economy / Trading Discussion / Re: Best Altcoin Trading Platform ? on: November 09, 2017, 10:15:40 AM
I was using Bittrex and Cryptopia since several months. But since Bittrex is forcing me for a verification which I don't want, I simply leaved the site because there is no way that I give them some personal information.
Not a big deal, Cryptopia is a good alternative for me so I just use it more since. I am happy with their service and support which is all what I am looking for.
7600  Economy / Trading Discussion / Re: What happend with BTC? BTC is going down under 7000 USD. on: November 09, 2017, 09:58:49 AM
The price was extremely volatile since the announcement for the segwit 2x cancelation. Yesterday the price could be 7500$ and 15 minutes later failed to $7000$ and then 15 minutes later back to $7500. After some hours the price seems to stabilize about $7200.
Buying after the announcement was a very hight risk, I would prefer to wait some days at least to see how the market behave.
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