That was my mistake, I simply created an account under my e-mail address and an account under my phone number by accident. Thank you, I will be investing more in the future.
Haobtc is very responsive. Prompt reply and help to the users will help the business booming. Well done Haobtc.
Announcement: HaoBTC will implement a 0.2% fee for fiat withdrawal effective 11 AM (Beijing Time), November 4, 2015. This change will only affect exchange users. For further inquiry, please contact Eric Mu at support@haobtc.com
Is it because too many people are selling in your exchange so you want to control the money flow out?
Post
Topic
BoardBitcoin Discussion
Re: What's stopping people from using bitcoin?
by
CoinNation
on 03/11/2015, 10:39:37 UTC
We need more media exposure of bitcoin or blockchain technology or anything else related to bitcoin. It is better for the exposure to be positive.
Yesterday I saw a article about bitcoin in local Hindi Newspaper.This is the first time I see anything related to bitcoin in Hindi Newspaper.No need to say many of the readers would be hearing about bitcoin for the first time. I think its a positive sign and will definitely encourage more people to use bitcoin.
That is another piece of good news for bitcoin. Ordinary people are aware of bitcoin day by day. I hope there will be more adoption as well.
Post
Topic
BoardBitcoin Discussion
Re: I don't understand why banks and companies are hyping "blockchain"
by
CoinNation
on 02/11/2015, 18:16:34 UTC
There is no need to worry about the hyping of blockchain by banks and companies. They are not going to create a new common currency. If they want to use a currency, it is bitcoin.
Yeah, I can understand that. But many of these articles say that X bank wants to develop their own blockchain. That's what I don't get...how it would be secured. Plus, it's a central authority which defeats one of the primary purposes of Bitcoin. None of the articles has addressed that aspect either.
When banks develop their own chain, it is not necessary for the crypto currency. It is an internal ledger system. This will reduce their current cost.
compared huobi with coinbase volume, it's really big different, at huobi there are over 810000BTC coinbase is only 14385BTC. china is the one of the country who feared by superpower country.
The transaction fee in Chinese exchanges is 0%. You can buy or sell to your own order without paying a fee. So the volume is high.
Post
Topic
BoardBitcoin Discussion
Re: What's stopping people from using bitcoin?
by
CoinNation
on 31/10/2015, 21:10:17 UTC
According to media reports, bitcoin is used in ransom payment. There is not much report of bitcoin legal usage in online purchase.
I don't really think that altcoins are having an impact on people that use bitcoin. And most people that use altcoins are people that use bitcoin. Bitcoin is more well known and more useful compared to altcoins. I know quite a few bitcoiners in real life, and only 1 of them invests in altcoins.
Some altcoins have special feature. For example, Monero (XMR) offers anonymous transaction. The transaction is untraceable. It is convenient for privacy.
Post
Topic
BoardEconomics
Re: Why is China so much more expensive?
by
CoinNation
on 30/10/2015, 19:09:31 UTC
Most miners are in China, when they stop selling, the price will not drop but rise. I do not know the exact catalyst for this rise. Maybe the block chain meeting in China?
Coin lag, they're jumping now; LTC is currently working its way towards $4 USD per. I'm expecting LTC to hit $30 by xmas. Ho Ho Ho!
It is very difficult for litecoin to move to $30 by XMas. Maybe 5-10 dollars. There is not much innovation in litecoin, it is just a tool for speculation.
Post
Topic
BoardAltcoin Discussion
Re: The altcoins have started moving..
by
CoinNation
on 30/10/2015, 13:58:10 UTC
Maybe we are in a bull market for all cryptocoin now. I see Ethereum, Dash and litecoin price rise. The price rise might last.
So in this thread Bitcoin's innovation is rewarded by the market, and in Monero thread it's a ponzi bubble?
It was a question.
What do you think?
If Bitcoin's value is significantly inflated by its use in a large ponzi scheme then perhaps Dash is a better alternative after all.
How would Dash avoid it's price being driven to unsustainable levels by a ponzi scheme?
Dash cannot avoid it's price being driven to unsustainable levels by a ponzi scheme. No coin can by itself. Only when the Ponzi cannot continue when it grows too big, it will collapse.
Post
Topic
BoardBitcoin Discussion
Re: Bitcoin at risk.
by
CoinNation
on 29/10/2015, 17:57:36 UTC
With the development of side chain, and also the gradual increase of the block size. Bitcoin can handle many more transactions. At present, to insure your transaction go through, just pay a higher fee.
Post
Topic
BoardSpeculation
Re: BTC can reach 1Milion $?
by
CoinNation
on 29/10/2015, 07:48:55 UTC
If there is no use of bitcoin, just as an investment, it might go to $1M, but it will go to 0 later.
If there is actual usage of bitcoin, like being as a currency, then $1M is possible, or even higher.
it need to have 3333x bigger market cap than what it is now, which mean 12T, this mean that it need to sucks a monstrous value out of fiat money
adoption would be full at that point, surely more possible than a collision, but saying that it is possible does not mean that it will happen...
Yes, this.
Global M0 money supply in US Dollars is roughly $2.5 trillion. Global M1 money supply is $10.5 trillion.
So, sure, MAYBE bitcoin could get to $1 million...if it replaces the USD as the prime international currency. And the economy grows another 20%. And pigs stat flying.
This will not happen in 10 years. It may happen in 30-50 years. And it is not $1m in today's US dollar. It is in 30 year's US dollar.