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Showing 20 of 37 results by Parzival
I want to offer swaps on bitfinex. How do I set a range of days e.g (2 - 7) as duration instead of one fixed duration (e. g. 30)? Some traders offer this kind of swaps but I dont know how to do it.
NO, bitcoin is slowly dropping back to $0, so is litecoin
And you created a brand new account just to say that?
Why don't you just use your normal account to say stuff like that?
@OP
It's your money but I would advice you to invest in Bitcoin.
With the current price you can firmly hold your Bitcoins without worrying for a few years. It's not that hard. You only need patience.
The last time the LTC price went around 40. When the next bubble comes I guess we all expect the prices to go much higher. So if things go like last time the LTC price could be like 50 x (price now) or more...This means there could be more profits to make from LTC than from BTC because LTC is so cheap now.
The difference is that last time clone-coins were a novelty and most people, being morons, hadn't yet figured out that there's no lasting value to something that doesn't do anything fundamentally new/better *and* has no first-mover/network-effect advantage.
At this point, the ecosystem better understands that bitcoin is the value/money chain, with a likely insurmountable network effect. Coins like LTC which are just clones with parameter tweaks offer nothing over bitcoin, and now that the novelty has worn off, and alts that *do* offer legitimately interesting features exist, the market is (finally) beginning to price the clone-coins rationally. For a coin to even potentially have longevity, it must offer something that bitcoin does not. Money and technological-protocols both exhibit strong network effects. Bitcoin is both, so a coin needs to be *meaningfully* different in order to fill a niche (eg, inherent chain privacy, etc).
Your analysis may be correct but bubbles are (more) about psychology than about the fundamentals. So when the next bubble comes the morons might still buy like crazy...
NO, bitcoin is slowly dropping back to $0, so is litecoin
And you created a brand new account just to say that?
Why don't you just use your normal account to say stuff like that?
@OP
It's your money but I would advice you to invest in Bitcoin.
With the current price you can firmly hold your Bitcoins without worrying for a few years. It's not that hard. You only need patience.
The last time the LTC price went around 40. When the next bubble comes I guess we all expect the prices to go much higher. So if things go like last time the LTC price could be like 50 x (price now) or more...This means there could be more profits to make from LTC than from BTC because LTC is so cheap now.
Depends on how efficient (electrically) your miners are, and how much you pay per KW/h.
Of course. But we can still ask what that price would be for "average miner".
I really believe only a few people understand how valuable something with a truly limited supply is... Nothing has ever existed like that before.. ever.
Not quite true. Being limited in supply doesnt make something valuable. There must also be demand in the markets. It is a possible scenario that some day another cryptocurrency will replace bitcoin and people dont want to buy bitcoins anymore. Then bitcoin has no value whatsoever.
Thus far I have traded in bitstamp but they offer BTC only. Could you recommend me a good and reliable exchange where I could trade other cryptocurrencies too? I would appreciate possibility to fast SEPA transfers but it is not an absolute must.
You need a bank account in European bank account inside SEPA zone. They may demand that you make a personal visit before opening the account. Also all big transfers may go through some AML check and you have to explain them where the money is coming from.
I'd like to know the answer before I dare to transfer my bitcoins to bitstamp and sell them there.Re: E-bay first closed one of my bitcoin ads and then suspended my account
This is the response I got from e-bay customer service
Not a word why my account was considered "high risk". Really arrogant response. Bad customer service from e-bay. Avoid e-bay if you want to sell bitcoins.
Quote
Thank you for contacting eBay Customer Service.
Your account was suspended because it exhibits a risk to eBay and to its community. As eBay is an internet-based business, and its members are our customers, we have to carefully weigh the risks involved with allowing users on our site. From time to time, we find accounts which have a risk that no longer justifies a continuing relationship with eBay. When that happens we suspend these accounts and they are no longer able to be used for buying or selling.
We have determined that it is in our mutual best interest to part ways. We regret any frustration or inconvenience this matter may cause you.
For your account there is no appeal for this decision. From this point forward, in order to conduct business on the internet, you will have to find a different venue.
Sincerely,
Your account was suspended because it exhibits a risk to eBay and to its community. As eBay is an internet-based business, and its members are our customers, we have to carefully weigh the risks involved with allowing users on our site. From time to time, we find accounts which have a risk that no longer justifies a continuing relationship with eBay. When that happens we suspend these accounts and they are no longer able to be used for buying or selling.
We have determined that it is in our mutual best interest to part ways. We regret any frustration or inconvenience this matter may cause you.
For your account there is no appeal for this decision. From this point forward, in order to conduct business on the internet, you will have to find a different venue.
Sincerely,
Not a word why my account was considered "high risk". Really arrogant response. Bad customer service from e-bay. Avoid e-bay if you want to sell bitcoins.