I would never trust an online site,u are always at a risk of loosing them ,I currently have 2 btc and they are kept safe in mycelium wallet,for begginers block chain is useful but when u exceed half a btc I would prefer mycelium over anything else ,it has appropriate protection and the fees is nominal I'm not saying its less but compared to others its protection is top class so I'll prefer that you go with mycelium An online site maybe risk to put large amount of bitcoin for long term but I remember someone who dis it for 5 years, he stored bitcoin on coinbase and it seems good enough. Yes, MyCelium wallet has some advanced privacy and security features. While this wallet could be a bit complicated for newbie users but it’s still one of the safest wallet on the market. Mycelium is an open source software program, so it's constantly upgraded. Even though this wallet primarily a hot wallet, there are some cold storage features for bitcoin users who wants to put their bitcoin outside the network.
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This update is further to our announcements on April 13, 2017, and April 17, 2017, with respect to inflows and outflows of customer fiat funds to and from Bitfinex.
Bitfinex, unfortunately, continues to experience temporary delays in the processing of outbound fiat wires. We are developing alternative channels to address these delays, but this takes time. We appreciate the patience and loyalty demonstrated by our customers and the community in this matter. We were advised by our banks that we would be able to process outbound wires in HKD and CHF, and while we were able to successfully process several such transactions, we are now being told that the moratorium is being extended to these currencies, as well. Domestic transfers in all currencies within Taiwan, however, are working with no problems or delays.
Bitfinex is not alone in the bitcoin community in confronting challenges presented by correspondent banks; other exchanges in the digital currency ecosystem are also being affected. However, we are no longer in a position where we can wait for our existing banking partners to provide viable solutions. Accordingly, we are taking steps to work with our attorneys to ensure they are able to satisfy any requests and claims from customers. We are confident that this short-term solution will allow us to meet our fiat obligations to customers. However, it will likely be a one-time option per customer for USD withdrawals. It is not an ongoing solution to the correspondent banking problem and customers should be advised that they will be required to provide an appropriate acknowledgment of payment for claims in order to receive their fiat funds. Nonetheless, we believe it is important to build this solution for the immediate needs of our customers. This is also taking some time, and we will report back on our progress as soon as we are able.
We want to be absolutely clear here that Bitfinex is solvent. We have assets that exceed all user balances. We also want to emphasize that digital token trading is not affected on Bitfinex. We are developing facilities for different currencies, but in the interim, customers are welcome to trade and to undertake financing on Bitfinex and to deposit and withdraw smoothly using the available suite of digital tokens.
We want to apologize again for this continuing inconvenience, and to assure our customers that we are doing everything to get back to normal operations. We thank you for your ongoing patience. At least they claim that they are solvent. That means that if their claim is true, there is really nothing for investors to worry about. And also they still have bitcoin withdrawals but if you want to withdraw via BTC and you have USD at this moment then you have to pay a pretty premium for that instant withdrawal. If you don't want to take the risk then you should withdraw via BTC, if you think that Bitfinex is going to survive then buy BTC and turn it into USD and wait for everything to end. IT's a great speculating opportunity imo. In order to avoid any problem, people should withdraw their funds in bitcoin form from bitfinex as soon as possible. But, there are some people think ; this is a big chance to sell some bitcoin and wait for fiat withdrawal allowed. But, in this case, everyone should prepare for the worst situation, losing theirs as happened last year.
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Hello Everyone,
I have 0.5 BTC, and I don't have time to do trading, So I decided to invest in casino sites, can anyone please explain to me how to invest in online casinos. And how much profit I will get it per month, Which site is better to invest. Please explain me in detail.
Thank you.
Do you plan to invest all of your bitcoin? There a lot of casinos which offers bankroll investment, but there is no guarantee for investment that will always give you profit and we can't say for sure this site will be the best to invest on. There are some players already invest on some casinos and gives their review, but the most famous maybe this one > https://bitcointalk.org/index.php?topic=1585408.0
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Professional traders may be seen from their patience and thoroughness in making decisions. because, professional traders have a tremendous opportunity to get a big profit, because they are very eagerly waiting for it. they are not quick to panic with the situation, as most traders will sell the coins they have when the price goes down, or up, but did not provide a profit that much.
Sometimes, we also have to do cutloss to avoid bigger losses. Yeah you are right that patience is a major factor for us to be a professional Trader. Without a patience we often will be loss than profit. People will regret if miss a chance to sell at ATH, but the problem is ; we don't know precisely when this happen unless it has passed. But, if a traders sell his coins and then next day the price rise up, he regret his decision yesterday. I mean, people ususally ungrateful and being greedy in trading. So, make up your decision in the early stage (how much % profit you want) and deal with it, at least you make profits from trading.
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I would like to enroll Bitcointalk name: Rahar02 Rank: Sr. Member Current post count: 416+1 BTC Address: 1DYn5bv61AdXfiMgKm7xq7gu5ypQAsA71n
Thanks manager, best regards.
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I used to buy a coffee from time to time with bitcoin. But I can't use bitcoin buying a coffee now, because the fee is so high, if I keep 0.0001 fee like before, it would take days for the transaction to get confirmed, I've got a transaction which took 11 days to get the 1st confirmation last month. It's not cost-effective any more to buy (I mean both online and buying face to face) thing via bitcoin. And this is why I quit buy coffee with bitcoin.
This problem because people in rush to get their transaction to be confirmed as soon as possible by adding more fee, so yes ; low fee transaction more likely won't ever be included in blockchain block. The days for spending bitcoin for pennies has ended as bitcoin price reach ATH this year. Who want to buy a cup of coffee but have to add another $1 for fee but it takes longer time to receive.
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no one know it's based on consensus, there are the chance that it will never be decided and remain in this state forever, if both part can't make their mind
or maybe it can happen in few week, it's not somethign that you can predict, even antpool who was the first supporting BU is not pointing all the miners there
for now if you are concerned about your investment just hold your coins, bitcoin won't lose its value much mor, i see the market is pretty stable now
That's what I'm thinking, there's no end for this consensus which both sides existence which split the community. As this matter has lasted for one and a half year, no signs it will end soon. Miners still happy with higher fees, so they divide their vote such as what happen right now. Why, it so hard to upgrade block size limit, at least we need 2Mb so the miners could process more transactions.
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Bitcoin is good investment but I wouldn't suggest to put all your money into it. I wouldn't suggest puting all your money into anything, not just Bitcoins. Every investment is a risk and there is always the danger of losing money so you have to invest with care and you always have to have some back up. Don't ever invest more then you can afford to lose.
Of course, remember the main rule of investment ; do not put all eggs in one basket. Because if it doesn't works, your heart will crash hardly. I don't put all of my funds on bitcoin instead divide into ; 35% cash and 65: bitcoin. Well, bitcoin still become the best way to saving in my opinion due to it grows over time, not like fiat money which the value decrease due to inflation.
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Spam attack causes another 60k fake pump in unconfirmed transactions to keep pumping whatever trash narrative the attacker wants to push.
Meanwhile bad miners keep blocking progress (segwit + LN, in order to allow for mainstream bitcoin usage).
Sad!!
spam or not, raise the blocksize dummy. That's the only option. Wow, another spam flood transactions again? I didn't see it when unconfirmed transaction reach 60K, but less than 12 hours last time I checked it ; from 10K unconfirmed and now become 39K unconfirmed transaction. Yes, I think increase block size limit at least 2Mb will make it better as miners could process a lot of transactions faster without leaving so much behind.
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The real price of how bitcoin go to the moon, whether at the price of $ 1,500 or $ 2,500 every post I read there were some who said bitcoin go to the moon, or when the price of bitcoin regular prices suddenly go up higher. this what is called bitcoin go to the moon?
I believe so, first thought was; suddenly rise up and maybe bitcoin price will increase more than $100 within a day and could reach $2000 (in 2017) or more depends on what year we talked about. But, it may just speculation as the price could drop back again as has happened before. Current barrier set at ATH ($1300), so people will start to sell out at this point and here we are until now, stay at $1242 (on preev).
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I won't, as I will miss higher price to sell, furthermore, I don't really need to convert my bitcoin. My rules are ; buy below $1000 which has passed and sell at minimum $1300 (ATH for now) I will sell mine if I desperate need for money. Well, my cash still enough right now and let my savings for another chance.
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I prefer trading in an attempt to get bitcoin Although it requires proper analysis to open a sell order or buy a coin transaction Because I just learned to start trading
It is okay if you just learned to start trading because i'm sure it will be fun for you to do that kind of source of income because trading altcoins or bitcoins is that hard to start because it just need some analyzation and some few patience for yourself to hold bitcoins or altcoins for a little more time to get profits. The best source ; buy bitcoin from exchanges first than you can trade bitcoin and altcoins. Don't have enough courage or money to buy bitcoin? Join in signature campaign. There are a lot of other options such as sell things for bitcoin or become a campaign manager which has the highest wage. Mining is good source but not everyone has funds to make a mining farm.
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Thanks to all, leave yobit , buy tokens. good suggestions. Welcome to the forum Annie, I would advise you to start practical trading with low amounts and do that more frequently. Make sure you pick the right pair for trade because there are more than 600 altcoins at this moment and most of them are going to end up with a loss so be careful while choosing a pair. Alternatively, do your own research and don't rely on other's opinion, especially when it comes to the financial matters.
My suggestion are : - a lot of reading (about some potential coins such as byteball, dash, litecoin, zcash and so on) - watch and learn about charts and how it relates to 'time', so you can decide the best time to buy and sell - see what others talk about (reviews) - do your own research. Good luck.
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I think both are good investments. Both have huge whales, but so does everything else to be honest. At least with bitcoin whales have no control over total supply and it is fixed.
With gold... what if huge mines are found? or some asteroid once we have advanced technology? that makes me a bit worried for the long term.
I would also rather have people that just bought BTC cheaply because they liked the idea rather than some warlords that stacked tons of gold through centuries.
What Op stated such as eliminate worries, but the reason might be not " The reasons are obvious (and there is no loyalty in that game,)", financial collapse maybe happened when a government cannot run the nation properly which many politicians are corrupt cause government-debt such as in Greece or other reasons. In the worst case, three sides (cash, gold and bitcoin) are the best collaboration of back up plan obviously, we know the reasons. Even gold has limited supply, fixed and hardly to get, that's why gold price keep increasing through the centuries. But we don't know how much gold left to mined in the Earth. But, gold will always precious to hold for long term investment.
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Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of total Bitcoin users world wide?
Impossible is nothing, easy to say it impossible as to get it become reality ; a lot of effort and cooperate are required from all of users. Approximately? Maybe not, but at least almost true. To calculate bitcoin users all over the world, we need an anonymous poll. I mean, an online poll which every person could vote, start from a country to another, cooperate with exchanges to achieve that. Not impossible but not easy to do, in the end ; who wants to do that? There's no point to look after the approximate number maybe.
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how much does a bitcoin worth? Some say:“Worthless. It’s just a Ponzi scheme.” Some hail:“Priceless! It’s the future of money.” A Chinese economist Ou Chengxiao, often nicknamed”Ou Guru” said yesterday "The price of bitcoin is 1000 times overvalued". He believed that the value of currency is decided by its scale of circulation, or adoption. But now the lack of businesses that accept the digital currency as payment has been holding bitcoin back from wider adoption. not so many people are buying things with btc. i am a little confused why he is so sure bitcoin price is 1000 times overvalued. why not 100? 10? why exactly 1000? Do you agree with him?
Current price speak the truth, people still want bitcoin simply because it has big potential with many of its advantages to grow up more than current price level. What he said just pure speculation of his thought. For now, bitcoin cannot state as currency even though we can buy some goods using bitcoin but I consider it as another medium of exchange. If we want say bitcoin as currency, yes ; bitcoin need to scale and accepted by many people over the world, maybe about quarter of population will be enough. For now, I consider bitcoin like gold, or commodity but not a currency.
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We all can see that on internet there are a lot of online shopping sites which have a lot of customers even bitcoin users also need paypal to shop online while they do not know that with bitcoin they can shop online easily without any exchange but they do not know about these sites. The reason is that these online shopping sites do not advertise their sites they even do not advertise on here which is the biggest bitcoin community and where they do not need any higher budget for advertising but can start a smaller signature campaign.
There are a lot of sites which accepted bitcoin transaction back to last few years when a transaction doesn't need a lot of time to be confirmed. Everyone could access those sites on Google of course, search it which took place in your city/country. But, how much people willing to spend their precious bitcoin instead of just using fiat money to do a transaction easier and faster today? maybe just a few because many people think to saving their bitcoin as long term investment.
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