It is something you need to be used to see. It happens when there are too many users trying to use the site at the same time. Their site is not able to handle too much people. You will notice that each time the Bitcoin price is increasing or decreasing a lot you can be sure the site is going to be offline. No idea why they can't or don't want to find a solution to something they know will happen.
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I notice that the price at a localbitcoin sit is much higher than online price. Is it more expensive to buy bitcoin from localbitcoin sit than to buy bitcoin with credit card?
Yes because when you're buying from Localbitcoin you're buying from people looking to make a profit. When you're buying from a website and using your card the merchant has to pay fees for using visa/mastercard network (like any merchant online and offline as well) so the website forwards the fees on the buyer.
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so basically turkey government doesn't allowed their people to use bitcoin but after seeing good respond they looks change their mind with attempt to regulated bitcoin and possibly bitcoin will may have good contribute to turkey financial however sometimes i was jealous to see there was a country decide to accept and admit bitcoin because my country doesn't admit it and always be give suggestions to people to stop use bitcoin
It's from the central bank not the president of the nation. Bitcoin started to be used more in their country when Paypal banned Turkey (or Turkey banned Paypal, I don't remember) Bitcoin has been coming as the most convenient alternative (at the time when the fees transactions were less at least). There are a lot of people making money online (freelancers, etc.) who started to use Bitcoin as it was the best solution for them. Honestly, there is nothing to be excited about. It is just about creating a group of people to make research. Unofficially, they already did it long ago or started long ago for sure.
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The current situation on Kraken, today 11/8 looks like the following: API seems to be workable, but webpage throwing lots of 504 errors. Better hurry up doing your conversion! They announced (well, vaguely) upping their backend because of these issues. Means "possible downtime for days" soon.
I am so tired of Kraken Cloudfare page and getting errors messages. I thought they fixed this long time ago. But NO, each time there is something happening with Bitcoin It becomes like impossible to do something. It's like 1 hour I am trying to do simple things that normally take 5 seconds. API method is not for me. They were supposed to update their site or something like that, humm when it was? August? We're in November
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All the drama for nothing! So what is the next step for Bitcoin now and what can we expect from this. (without the "going to the moon" posts type) The price went from $7200 to $7700 in 15 minutes and then 15 minutes later back to $7100, what's going on?
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I just watched a video on my social media about guys running a social experiment about Bitcoin in their country (USA), and they questioned strangers that they chose, this "Would you rather have 1 Bitcoin or 1 dollar?" and almost all of the people they questioned chose 1 dollar. Only 1 person in all the person they interviewed chose 1 bitcoin. This just proves that there still a lot of us who don't have a clue about digital currency. If I would do this in my country, I'm sure that no one will choose bitcoin over our local currency. What about in your country if you run this social experiment?
It's not relevant because he/she asked people who are not aware of Bitcoin. You can ask for anyone what he prefers between 1 dollar or XYZ, as he/she doesn't know XYZ he/she will choose a dollar, naturally... If you tell to people what is Bitcoin and its value, nobody will prefer $1 instead of $7000.
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A lot of ICO projects are just crappy. I don't understand why people are wasting time and money in believing in projects that have nothing good to bring to the market. There are surely some good ICO but I try to stay away from it. There are enough altcoins projects to be interested in.
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Because Bitcoin was first and has the best developer base, is the most accepted and due to the network effect.
cause media only talk about bitcoin , sometimes they mention ETH but most of the time it's only bitcoin so there is 0 chance for new comer to know about other cryptocurrencies IMO while bitcoin is suffering with the transactions and high fees , people still tending to over trust alts cause all of them have some issue like pre mine and unknown cap
and since bitcoin is number 1 in marketcap that's alone make people tend to buy it more than other currencies
Bitcoin isn't the first crypto currency. There were 2 or 3 before that maybe 15-20 years back. I don't remember their name but you can find it on the search engines. Also, Bitcoin uses some features (mainly from the cryptography side) from one of this old crypto currency. Ethereum is also covered on a lot of media, yes surely less than Bitcoin but it has a good presence and a lot of people hearing about Bitcoin do it with Ethereum too.
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Don't be surprised if you see a correction this week, it was to be excepted. There is nothing to be surprised about. But even if the price decrease to $6500 I am still happy. With Bitcoin you never know what can happen Last night I sold some of my btc, I honestly can see a price correction now before it will spike at the fork. The current rise was not sustainable.
When the price was $1000 people were saying it's too high when it was $2000 they were saying it's not sustainable when it was $3000 they started to buy bitcoins. If the demands increase, the value increases with.
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Hi there, how is going? I'm living in Toronto, ON. I just realized that coinbase has weekly limit for CANADIANS 200$, and I can't increase, unless I will deposit 600$ over 3 weeks. which take me long time. I want to buy 1050$ worth of bitcoin, but I can't.
Any advice? Any well-known platform that I can use? Any advice for Coinsqaure?
Thanks in Advance
Kraken works for Canadian citizens. You can make a deposit via wire transfer. But you will need to be verified Tier 2 (just giving your name, last name, DOB, phone number, no need to give Id card or other) Once verified Tier 2 you will have a limit of $2000 daily/$10k monthly for your deposits
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When you log in you need a code and so you receive an email with a unique code in it and need to use. Do you receive this code? It has been added some weeks back. You may ask them here as they have a topic https://bitcointalk.org/index.php?topic=1669443.0You may get a faster reply otherwise you can use Twitter to talk with them, I did it once and got a fast reply.
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I frankly discourage you to use Kraken, it is so hard to use that you could lose your opportunity to buy or sell. Therefore I recommend you something else.
If using Kraken is too much difficult for you to use then it may be better for you to not use anything at all. Can't make it easier and everything is clear and there is no way to make confusion. A 12 years old kid can use Kraken without any help and place orders even with the advanced options.
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It's not going to happen dude. It's over 50% of the Bitcoin's value. The only way to see Bitcoin back to $3000 is while you're dreaming. Up to 30% it is, of course, possible but over half the value there is no way. You are asking too much.
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It happens usually when their site is overloaded. Too much people using the website at the same time and they can't handle all the traffic. Sometimes you can notice the site goes offline when it's too much for their servers. You will notice this each time when the Bitcoin's value is getting a spike. The only thing to do is waiting.
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Blockchain.info wallet is following the same path. They got a little less than 1 million wallets created within 1 month, with over 18 million wallets now. I think Bitcoin is getting massively adopted and used which can also explain the Bitcoin's value increasing at a high speed. It could be interesting to see some others wallet providers giving some data about this trend just to give a better idea.
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there is no tax i bitcoin but we can help our community by making a cooperative program or micro finance business.
It's wrong, there is a tax on bitcoin. It's not because the average Joe is cheating that everyone is supposed to do it. Do you think that the online or offline shops accepting Bitcoin don't pay taxes on their sales? Then you're wrong. And in case you're not a business but just an average user you need to pay taxes also. It's based on the profits you make from buying and selling or mining it as well.
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Since paypal is basically ebay owned and not accepted at amazon it does make sense they might incorporate a crypto as a way to attack paypal. Maybe they will launch amazon coin we will see.
Paypal and Ebay are two separate companies for a long time now. Amazon has never included Paypal because Amazon considers Paypal as a competitor directly and not directly. If you use Amazon you have noticed this company is not accepting any payment processor. They accept only Visa/Mastercard, gift cards, etc. They have already Amazon Payment that they struggle to be adopted so I don't think they are ready to create their coin anytime soon.
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There is a huge increase in people starting to use Bitcoin recently and more than what we are used to see. Bitcoin is starting to be mass adopted (thanks to the media talking about Bitcoin as an investment). Another reason is people buying as more bitcoins as they can with the hope to get free coins from the forks. The rush will calm down soon after this.
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21 days passed still nothing
@rapidleech What happens when you try to log in Bittrex? Because When I log in my account I am automatically redirected to the verification page but I read a long time ago that accounts created before a date don't need to be verified to be able to use it normally, and it's my case. So I have no idea if my account is in good shape or not.
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People mentioned Blockchain.info but it's not the only web-based wallet that let you choose the fees you want to set. Bitwala is another one to mention as you can choose your own fees when you want to make a transaction. Cryptopay has a minimum of 0.0005BTC if you consider this as cheap.
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