Currently, with exchange fees in the 2-4% its difficult to make any profitable short sell because the price change needs to be 2-4+% in order to make profit. Coinbase just increased their fees from 1% to 1.5% which makes a big difference for margin trading. 1.5% fee when buying bitcoin, then another 1.5% fee converting it to USD for a total of 3%. Does anybody have any suggestions on how to make margin trades more effectively and not get reamed by exchange fees?
I tried playing different exchanges off each other, but in the end, when taking into consideration the fee differences, its about a wash.
Thank you very much!
When you buy bitcoins at Coinbase, you are not buying at an exchange. You are buying coins from Coinbase, and they charge you a 1.5% premium for the convenience. If you want to trade, set up an account at an exchange such as Gemini, or GDAX (run by Coinbase), or Bitstamp, or BTC-e, or Bitfinex (lol). The fees for buying and selling at an exchange are much lower than 1.5%. |
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Here is my assessment: - Security vs Cost Trade-off: Bitcoin is more secure.
- Misconception on the Relevance of Blockchain: Bitcoin won't solve this.
- Network Consensus: Not a problem with Bitcoin. Bitcoin is already up and running.
- Data: It depends on how banks decide to use block chains.
- Vulnerability: Bitcoin is more secure.
- Securing Data: Bitcoin has the same problem.
- On and Off-Chain Identity: Bitcoin has the same problem.
- DAO Attack: Bitcoin has an advantage, though no block chain can guarantee 100% immutability.
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Any bitcoin wallet or site that claims to pay you interest on your bitcoins is probably a scam. That doesn't include exchanges where you can loan to other traders.
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It is important to understand that there really is no "current" price. There are three prices - - "bid" price: the highest price someone is currently offering to pay for the item
- "ask" price: the lowest price at which someone is currently willing to sell the item
- "last" price: the price of the last trade
Usually, the "last" price is considered the current price, but that doesn't mean the next trade will happen at that price. The price of the next trade is at either the bid or ask price. Not only are there 3 different prices in one market, but the bid, ask, and last prices are different for every market. |
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Please note that blockchain.info is not like wallets hosted by other providers. Only you have access to the bitcoins in your blockchain.info wallet. The wallet is encrypted in your browser. Blockchain.info only sees the encrypted wallet.
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If there is a public address on the coin and no hologram, where is the private key?  Exactly. And not only that, but every coin has the same bitcoin address. |
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I do have the coin and have to admit i like this design.  if someone still wants one, shoot a pm -EU- It's a fake. I hope you didn't pay too much for it. |
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Bitcoin is funded by money-printing, too. What do you think?
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Articles about random opinions posted by insignificant people are stupid.
Furthermore, proposing the removal of Coinbase from a list of Bitcoin wallets because of their position on Ethereum is ludicrous.
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I was looking at https://blockchain.info/address/1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs Stefan Molyneux's bitcoin adress : Final Balance 521.24590891 BTC He accumulated quite a lot of bitcoins through donations, it will eventually buy a lot in a few years and it is incredible. Do you have other stories of people accumulating large amount of bitcoins without investing any fiat ? 521 BTC is currently worth about $320,000, and not $1 million. "without investing any fiat" makes no sense to me because you can trade BTC for fiat at any time. Stefan Molyneux currently has $320,000 worth of fiat invested in BTC. Where the $320,000 came from makes no difference. He is investing $320,000 in BTC. |
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... There used to be some really good honest pump groups ...
Ha ha. What an oxymoron! You are claiming that there used to be really good honest scammers? Pump-and-dump is a scam. Honor among thieves is not honesty. |
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can i just if anyone can give red trust or it depends on your rank??
It Needs to be justified as it takes a while to actually Show up in your Profile. Otherwise you could just give everybody you don't like a negative trust without any real reason. You can give everybody you don't like a negative trust without any real reason. If you give some positive or negative trust, then only you and people that see you with a positive trust rating will see a change in that person's trust rating. Nobody else will see a change. |
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Answer3:- No bro Mining is Not profitable Now because if the halving....
If mining is not profitable now, then why are so many people mining? |
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I just got the following thought. If you would find a wallet that could hold all bitcoin addresses incl. there Private Keys, you should have all available Bitcoins in your wallet, or am I wrong? (It's just a theory)
All the bitcoin addresses that contain bitcoins (and that have ever contained bitcoins) are listed in the block chain. You just need to get their private keys. |
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Updating changes the wallet to an HD wallet. If you update the wallet, then you will have to send your bitcoins from the old wallet to the new wallet. That will cost time and a little bit of money.
The main advantage of an HD wallet is that you can back up all the keys that the wallet will ever use by backing up the "seed". You can also set up another copy of the wallet on another device.
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Just a simple question, if the answer is no please tell me the minimum number you'd feel safe at.
EDIT: If no also, would 1 in 2,176,782,336 be enough or still no?
It isn't clear what you mean by "collision attack". I'm going to assume that you mean the chance of randomly guessing a key would be 1 in 60 million. You specified the risk, but what about the loss, and the cost of the attack? If the loss is 1 satoshi, then I wouldn't feel safe, but I also wouldn't care. On the other hand, if the loss is 1 BTC, then no. My laptop can check 60 million addresses in just a few seconds. To protect 1 BTC, I would feel safe with at least a 1 in 1.5 x 10 20 chance, because then it would be more profitable to mine 1 BTC than to steal mine. |
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...
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This thread was started years ago. Anything worthwhile to be said has already been said. Oh sorry! I didn't realize that you are posting spam in order to increase your post count. Carry on!  |
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10 months after the halving in 2012, the price rose about $50 times. So this time, could rise about 10 times.
I realize that this is a speculation thread, but do you believe that the conditions in 2012 are the same as they are now, so that history will repeat itself? |
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For anyone thinking "pump" groups are anything other than a scam -- "Pump" comes from "pump-and-dump". Basically, the operator of a pump-and-dump scheme buys an altcoin at a cheap price and then announces to the group that a "pump" is occurring. The members begin buying at higher and higher prices. The "pump" is announced in the troll box and more suckers start buying. The operator sells his coins on the way up and makes a nice profit. Eventually, the buying frenzy fizzles, the coin crashes, and the participants (including members) are holding worthless coins. From Wikipedia: "Pump and dump" (P&D) is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" sell their overvalued shares, the price falls and investors lose their money.
While fraudsters in the past relied on cold calls, the Internet now offers a cheaper and easier way of reaching large numbers of potential investors.
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