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Showing 14 of 14 results by smooth nobody
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Topic
Board Trading Discussion
Re: free / low cost exchange
by
smooth nobody
on 28/06/2019, 17:43:59 UTC
was looking at binance and unless i'm mistake they don't support USD withdraws. i'm not trying to trade crypto i want to cash out for fiat. kraken ITbit and gemini seem to be the only other options.
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Topic
Board Trading Discussion
Re: free / low cost exchange
by
smooth nobody
on 27/06/2019, 16:48:40 UTC
i was reading about cobinhood, they declared bankruptcy and people are sounding alarms about scams. gonna pass on them. no fee is nice but trust is more important. i found a few that offer no fee trades but they are either not in the US or they don't deal with fiat. so far the best i found is ITbit. they actually pay you 0.03% for adding liquidity to their platform. sounds too good to be true. they are based in NY and regulated. what do you guys think about ITbit?
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Topic
Board Trading Discussion
Topic OP
free / low cost exchange
by
smooth nobody
on 26/06/2019, 19:44:54 UTC
last time i needed to trade i went to coin base pro. they offered 0% trading fee for makers. now it's 0.15%. not the end of the world, but still sucks compared to 0%. are there any reputable exchanges still offering no fee trades?
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Topic
Board Altcoin Discussion
Re: confused about bitcoin cash
by
smooth nobody
on 21/11/2018, 20:03:23 UTC
Quote from: mksundip on November 21, 2018, 05:36:04 PM
actually I'm also confused, I can't find bch abc in coinmarketcap, but can still continue to see bitcoincash, even though hardfork is finished, is bch is bch-abc?
exodus told me they consider BCH and BCH-ABC to be the same thing and they plan to keep using the symbol BCH. i also read an article that some exchange is doing the same thing cause they don't consider SV to be viable. the problem is people in this thread have said BCH is going away and will be worthless so it's clear people don't know WTF is going on. when you have some exchanges and wallets listing BCH and others BCH-ABC is only adds to the confusion. there is no order or agreement on how to proceed. people are doing different things. it's pure chaos.
Post
Topic
Board Altcoin Discussion
Re: confused about bitcoin cash
by
smooth nobody
on 21/11/2018, 19:57:04 UTC
Quote from: yudayaurelia on November 21, 2018, 06:03:33 PM
Bitcoin is electronic money made in 2009 by Satoshi Nakamoto. The enactment of Bitcoin in this virtual world might make some people think it is similar to electronic money.
Bitcoin and electronic money or e-money are certainly not the same. To understand the characteristics of both, here are some differences.

Access
Developing in cyberspace, Bitcoin certainly needs an internet network to be accessible. Bitcoin is increasingly being used for transactions for internet users and now some businesses are starting to accept payments with Bitcoin.
E-money in terms of access does not need an internet network. This electronic money can be used to transact through telecommunications equipment to the form of a card.

Production
Bitcoin is produced through encryption of data and certain algorithms. With a peer-to-peer topology system and a lack of a single administration, the value cannot be manipulated by the authorities or the government, and does not cause inflation if the production of Bitcoin increases.
Unlike virtual money, e-money is issued digitally by financial institutions and guaranteed by authority.

Publisher
Bitcoin is published by a community called 'miner'. Whereas e-money publishers are official banks and financial institutions.

Regulator
Bitcoin is not regulated by any institution, unlike e-money regulated by the central bank.

Owner Data
All Bitcoin transactions are stored publicly and permanently on the network, which allows everyone to see balances and transactions from any Bitcoin address. However, the identity of a Bitcoin user cannot be known until the information is revealed when making a purchase or under certain other conditions.
Whereas in e-money, the ownership data system complies with the applicable financial institution standards.

Value
The Bitcoin value system is determined by the level of trust, supply and demand. Meanwhile, the e-money value system applies like conventional money, only in electronic form
this is another garbage post about random information nobody asked for.
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Topic
Board Bitcoin Discussion
conspiracy theory
by
smooth nobody
on 20/11/2018, 20:57:51 UTC
i've been in the game since BTC was at $20. when it hit $1000 and tanked to $100 my buddy told me i was an idiot for not selling. i'm glad i didn't. he also said something that caught my attention. he started talking about how the government and banks want to destroy BTC cause it threatens/competes with the financial system. he also believes the uber rich want to control it and profit through manipulation. seeing these massive price drops makes me think back to when it hit $1000. there seems to be a pattern of huge drops and then explosive growth. what if big players are trying to influence the market by destroying confidence or make massive amounts by pushing the price down so they can buy it up? coin base says BTC market cap is $71 billion. there are plenty of individuals and corporations who can straight up buy every BTC in existence. bezos alone is worth $160 billion and some banks are worth hundreds of trillions. it would not take much effort to flood the market cause a panic and buy it up. i've heard plenty of stories about wealthy business men stroking fears after WW2 so people would rush to sell and they were there waiting to buy. there are so many angles on why somebody would want to destroy control or profit from BTC. governments want control over everything and are furious individuals are making tax free money. banks and payment processors are pissed people are able to cut out the middle man which hurts their revenue. some people are so rich they don't even care to make more money off it, they get wet just thinking about how they can squeeze it and poke at it and twirl it around their little fingers. when you get to a point you have so much having control means more than having another billion.
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Topic
Board Altcoin Discussion
Re: confused about bitcoin cash
by
smooth nobody
on 19/11/2018, 16:54:27 UTC
it seems like alot of you guys are not even reading what i'm posting and are just posting random information that is not directly answering my questions.

adding to the confusion, i contacted exodus. they told me ABC is BCH. it's the same thing. SV is the only new coin. ABC is the same protocol as BCH. they only make it BCH-ABC to distinguish from BCH-SV.

more confusion, different exchanges seem to be handling this according to their own judgement / desires. some are trading both ABC and SV. some haven't made any changes and are still trading BCH.
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Topic
Board Altcoin Discussion
Re: confused about bitcoin cash
by
smooth nobody
on 19/11/2018, 08:59:04 UTC
i appreciate the link on how to claim SV, but that's not what i was asking.

what happens to the BCH in my private wallet? does it stay BCH? does it become ABC? does it become a worthless unsupported currency?

i keep hearing so much conflicting information i'm not sure what is factual. i've heard.....

BCH will go away completely
ABC is BCH and will retain the BCH symbol
the winner of ABC vs SV will retain the BCH symbol

what happens with my bitcoin core wallet that was eligible to claim BCH on august 2017? i was told i can claim that BCH at any time. can i still claim that BCH? do i claim ABC/SV instead? can i claim all three BCH ABC SV?
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Topic
Board Altcoin Discussion
Re: confused about bitcoin cash
by
smooth nobody
on 19/11/2018, 08:34:05 UTC
been trying to read as much as i can and i still have unanswered questions. what happens to BCH that is held in private wallets? i'm using exodus. what happens with my bitcoin core wallet that was eligible to claim BCH? will i still be able to claim BCH or will i be able to claim ABC/SC instead?
Post
Topic
Board Altcoin Discussion
confused about bitcoin cash
by
smooth nobody
on 16/11/2018, 12:32:20 UTC
i'm just now hearing about bitcoin SV and ABC. really need to understand whats going on. i heard that bitcoin cash is "no more." is BCH being dropped completely? what happens to my BCH? do i have to claim the new coins or does it get converted automatically? do i get both SV and ABC or will only one survive? i still have a bitcoin core wallet that never claimed BCH coins. will i still be able to claim BCH/SV/ABC?
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Topic
Board Altcoin Discussion
claim fork coins
by
smooth nobody
on 01/05/2018, 09:22:49 UTC
i just heard about claiming forked coins. i did do some reading but i'm pretty nubish and want to make sure i fully understand before i do anything.

i have a bitcoin core wallet that is several years old. this means i can claim an equal amount of every forked coin right? i know about bitcoin cash, what are the other forked coins i can claim? i know i have to find a new wallet that supports the new coins, and i know there are plenty of them floating around. but the truth is i know nothing about any wallet other than bitcoin core, and i'm unsure which wallets are considered trustworthy within the community. recommendations would be appreciated.

i would also like to know what i have to do to claim my new coins. some google reading tells me i have to empty my wallet and import the private keys to another wallet. this makes me a little nervous cause my coins have been sitting undisturbed for years and the thought of messing this up and ending up with nothing is terrifying. step by step instructions would also be greatly appreciated.

i keep hearing about replay protection and not to do anything without it. what is that exactly and which forked coins support it? what are the other risks i might face by trying to claim forked coins?

i know i have to have a wallet before the fork, but is there any other time sensitive requirements i should know about? can i claim my forked coins at any time? considering not doing anything for now and doing this at a later date. do coins spent after the fork effect the amount received when i claim the forked coins or is it all about the snapshot of the block chain at the time of the fork?

i appreciate the education guys.
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Topic
Board Off-topic
desktop wallet for ETH / BCH
by
smooth nobody
on 28/01/2018, 00:48:21 UTC
just started trading these two. want to withdraw from my exchange and not sure which wallets i should use. i downloaded the ETH wallet from ethereum.org but realized i know nothing about this wallet. figured it would be a good idea to ask the community before i start moving funds around. thanks for the advice.
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Topic
Board Bitcoin Technical Support
Re: fee's and unconfirmed transactions
by
smooth nobody
on 27/12/2017, 19:26:51 UTC
i did read the sticky.

the OP said transactions will be forgotten after a few days. but the very first post another guy said bitcoin core will constantly re-broadcast the transaction. doesn't that mean transactions will never be forgotten?

another thing i find confusing is the transaction is not in my wallet history but i can see it on the block chain. does that mean it may eventually go through?

how do i use a segwit address?
Post
Topic
Board Bitcoin Technical Support
fee's and unconfirmed transactions
by
smooth nobody
on 27/12/2017, 17:34:56 UTC
i use bitcoin core. i have 2 transactions from nov 7 that have not confirmed. a few days ago i sent another transaction and bumped my fee up to 0.00012. that transaction has not gone through either. at this point i had 3 transactions that have not gone through. i started to stress and thought something was wrong on my end. i re-installed windows and downloaded the blockchain again. all 3 of those transactions vanished from my transaction history. are those transactions definitely not going through? i hear after so long transactions get dropped/expired/rejected or something like that. however i also hear this is false information and all transactions get confirmed eventually. which is accurate?

i was reading segwit or lightning is suppose to help alleviate the slow confirmations and high fees. is this something that happens automatically or do users have to do something to make it work?

how do i determine what is an appropriate fee to pay?