It's time to withdraw !

[justdimin]

But wouldn't those miners actually gain profit from the halving as well?

I mean, all coins are raising in value, whether theirs or ours. I do believe that what's going to change is the amount of bitcoins earned, and the value earned would be the same.
Well, I'm not expert and this is just an opinion.

[Dranalli23]

How would u view coinbase vault cold storage in regards to this?

[Quantus]

How would u view coinbase vault cold storage in regards to this?

Unless your using a full node client all you have are some IOUs from unregulated service providers run by a board of executives legally obligated to protect the share holders investments over the users money.

[kik1977]

I'm shocked. Are those figures right? So many people using those services seems impossible.. but I suppose you made your homework.
Guys, stay away from those shady services and most likely ponzi schemes.
The promise of bitcoin is that you can be your own bank, with no intermediaries. Use this possibility.

And if you really have to use an exchange because you're traders, use a legit and regulated exchange, withdrawing your money as soon as the trade is done. Have a look at the leaked list of creditors of MtGox to see how many people have lost their money.

[Carlton Banks]

How would u view coinbase vault cold storage in regards to this?

lol Coinbase were busted on their claims about "cold storage vaults": they claimed to hold a certain number of customer BTC, and that all those BTC were in multi-sig protected cold storage. Trouble is, the blockchain doesn't lie, and the blockchain tells a different story. Multi-sig addresses can all be identified as multi-sig, as the address format is different.

Coinbase claimed to be holding more coins than could plausibly exist in multi-sigs according to the blockchain (either more than existed period, or 99% of everything on the blockchain). That means they're definitely lying about something: either some substantial amount of customer BTC is held in single-sig addresses, or they're running a fractional reserve. Either way, they're telling lies about customer funds. Get it out, in case you cannot further down the line.

[ekoice]

In my opinion its not the right time to withdraw the bitcoins since its value is increasing as well as halving isnear so better to keep it until price goes to its highest level. I am not very much expert in all this but in my opinion price wise its not the right time to withdraw.

[OmegaStarScream]

In my opinion its not the right time to withdraw the bitcoins since its value is increasing as well as halving isnear so better to keep it until price goes to its highest level. I am not very much expert in all this but in my opinion price wise its not the right time to withdraw.

I'm pretty sure you didn't even read the topic.

I'm shocked. Are those figures right? So many people using those services seems impossible.. but I suppose you made your homework.
Guys, stay away from those shady services and most likely ponzi schemes.
The promise of bitcoin is that you can be your own bank, with no intermediaries. Use this possibility.

And if you really have to use an exchange because you're traders, use a legit and regulated exchange, withdrawing your money as soon as the trade is done. Have a look at the leaked list of creditors of MtGox to see how many people have lost their money.

Believe it or not , there are many users using both services and they are not only known in the Bitcointalk community but also in arabic forums and other forums like LeakForums & HackForums and MoneyMakingGroup.

[lalala123456]

So many withdraws going through coince right now! Bet you this threads behind a lot of it 

[Blitzboy]

This is not the time to withdraw but if you are satisfied what the price today you can sell right now/.. many people right now are withdrawing their bitcoins from  their wallet.. and i think they are satisfied of increase..

[TastyChillySauce00]

But wouldn't those miners actually gain profit from the halving as well?

I mean, all coins are raising in value, whether theirs or ours. I do believe that what's going to change is the amount of bitcoins earned, and the value earned would be the same.
Well, I'm not expert and this is just an opinion.

that's true in case if the cloud mining site was a "real" cloud mining site, if the site mentioned above were a ponzi site,the owner will have a pain on his ass in every single coin getting out of his wallet

[gentlemand]

This is a very timely thread, if a little late but it has been a very explosive rise. A lot of tossers are going to be caught with their pants down and the people they're leeching off will suffer. I struggle to have much sympathy for those who are dim enough to dive into them though.

[bit1]

In my opinion its not the right time to withdraw the bitcoins since its value is increasing as well as halving isnear so better to keep it until price goes to its highest level. I am not very much expert in all this but in my opinion price wise its not the right time to withdraw.

Yes,  Doesn΄t make sense really to withdraw  just now, the price will continue to rise next days.

[TastyChillySauce00]

In my opinion its not the right time to withdraw the bitcoins since its value is increasing as well as halving isnear so better to keep it until price goes to its highest level. I am not very much expert in all this but in my opinion price wise its not the right time to withdraw.

Yes,  Doesn΄t make sense really to withdraw  just now, the price will continue to rise next days.

dude i really recommend you both to read the thread again and get the meaning of what OmegaStarScream has said

[Hirose UK]

It's not the time to sell your bitcoins . However , it's definitely the time to withdraw your funds from some services.

and when I say "services" , I mean those who promise you to give you interest daily for the next x months or they claim they are doing mining for you or something like that.

Why now ?


No one can deny the fact that bitcoin price is increasing too much lately ... which makes those services lose some of their money and think in a way to stop their losses :

1. We got hacked scenario
2. Simply disappear and never come back.

Some examples :

• Coince.com : With over than 785,633 users , they give you  3% Daily Profit and I have to say that it looks the most legit one because of the video testimonials by users and also the beautiful web design but we all know that ... If it looks too good to be true then it's probably a scam. (Long term scam) - They are so famous in MoneyMakingGroup forums.

• HashOcean : with 615,662 users receive their profit every day. I never used them myself but I can that some users are making a good profit from it. I'm not sure if they ever proved that they have actual mining equipment's or not but if I learned something during my journey in the forums .. is that we shouldn't trust a cloud mining company.

• Exchanges in general : No one wants to see the Mtgox scenario happening again so I assume it's a good reason to withdraw .
  

I'm making this topic so people don't get greedy and start investing in those scam websites. I just don't want you to lose your coins and cry later.
Use your brain and stay away from scam , as for exchanges ... trade and then simply withdraw instead of keeping larges amounts in your account.

thanks for the advice. some people I know also do the same. they withdraw coins they hold for long time. however, I would do the same if I had coins I hold

[bit1]

In my opinion its not the right time to withdraw the bitcoins since its value is increasing as well as halving isnear so better to keep it until price goes to its highest level. I am not very much expert in all this but in my opinion price wise its not the right time to withdraw.

Yes,  Doesn΄t make sense really to withdraw  just now, the price will continue to rise next days.

dude i really recommend you both to read the thread again and get the meaning of what OmegaStarScream has said

I got it! Thank you!   He means withdraw BTC from certain services not cash out.

[Crazygreek]

I think that price will increase more so i  will not wtihdraw now, it's seems greedy but i am almost sure that need to wait a bit cause everything can happen.

[Chris!]

Better yet, never hand over your private key to a centralized company/entity in the first place. Use cold storage or a paper wallet. If you're earning 'interest' in the bitcoin world you're invested in a Ponzi. It's just the sad truth right now. Maybe when reputable banks hold your bitcoins in the future it will be different. We'll see if they want them.

[MTBTT]

I think the price is not going to stop for a ride. the trend of price increases will continue to happen? I think it's better withstand bitcoin longer. I believe this year could reach $ 700 price. I hope that will happen

[gentlemand]

This thread is not only sound advice it's also a great litmus test to weed out people who post mindlessly. And they're probably all invested in HYIP type things too as all they saw on the sites were the percentages.

[sadik7]

Cool still market showing positive sign