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Bitcoin and other Cryptocurrencies v2

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TSwengherng	Apr 8 2017, 03:21 PM Show posts by this member only \| Post #641
Regular Senior Member 1,865 posts Joined: Jun 2008	QUOTE(kmarc @ Apr 8 2017, 12:33 PM) Yeah, not sure what happened but when I see historical charts on some coins, they just drop like a rock on introduction. ETH and I think, Ripple, is promising. Hope for the best! That's true, look at ZCash, bloody hell......released at USD 9000, dropped to USD 26 within 3 months (that a net loss of 99.7% within 3 months...... ) I really can't figure out why some do better than others......I guess it's really just a combination of marketing, a really revolutionary product, and purely being at the right place at the right time. QUOTE(fxbnu6262 @ Apr 8 2017, 01:33 PM) Anyone has any experience on this and use this before:- http://www.freebiebitcoin.com A quick search by my friend Google reveals that this is a known scam. https://bitcointalk.org/index.php?topic=1788826.0;all Seriously, you really think they will pay you USD 10 just for posting their URL? Which brings me to the next question......were you posting that question genuinely, or are you one of those who are actually posting their URL in forums to try and get that USD 10? QUOTE(archangel22 @ Apr 8 2017, 02:45 PM) Yea as weird as it sound, stalemate is prob better imo, one thing that everyone has to accept as it is for Bitcoin. Mybe we're in the period where bitcoin is 'magically' solving itself. I stopped trading alts for few days. Feels like a 'calm before storm' thingy. Who knows BTC is teasing USD 1200...... once it stabilises here, the other altcoins will stabilise as well. I've also stopped trading alts for the moment, but only because I've run out of money...... Damn it, the only coin that I am really making a net loss in, is XRP.
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archangel22	Apr 8 2017, 03:58 PM Show posts by this member only \| Post #642
Casual Junior Member 472 posts Joined: May 2010	This might also be the reason. Shld prob start looking for other exchange. But im afraid any states auth will just implement the same rule. https://steemit.com/poloniex/@whatsup/polon...wa-accounts-usa » Click to show Spoiler - click again to hide... « After careful consideration of the Washington State Department of Financial Institutions' interpretation of its financial services regulations, we regret to inform you that Poloniex will be suspending operations for our customers residing in Washington until further notice. As a verified Washington resident, you have two weeks to close any open orders and withdraw your funds from Poloniex. During this time, your account will function normally, but you will be prohibited from opening new margin positions, adding to existing ones, and lending funds. After April 21, 2017, your account will be placed in a suspended state and access will be restricted. If you still have funds on balance at this time, you will need to file a support ticket in order to withdraw your funds. There is no deadline on this, but we request you withdraw as soon as possible. When your account is placed in a suspended state, your data will remain on file and accessible. If we resume operations in the state of Washington, you will be able to resume trading with the same account, with all of your historical data intact. If you happen to move out of Washington and to state where our services are available, please contact support. You will be given instructions on how to verify your new state of residence. We look forward to welcoming Washington residents at a future date. Until then, we will do everything we can to help you wind down your account. If you need support: https://poloniex.freshdesk.com/ Sincerely, The Poloniex Team
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TSwengherng	Apr 8 2017, 04:24 PM Show posts by this member only \| Post #643
Regular Senior Member 1,865 posts Joined: Jun 2008	QUOTE(archangel22 @ Apr 8 2017, 03:58 PM) This might also be the reason. Shld prob start looking for other exchange. But im afraid any states auth will just implement the same rule. https://steemit.com/poloniex/@whatsup/polon...wa-accounts-usa » Click to show Spoiler - click again to hide... « After careful consideration of the Washington State Department of Financial Institutions' interpretation of its financial services regulations, we regret to inform you that Poloniex will be suspending operations for our customers residing in Washington until further notice. As a verified Washington resident, you have two weeks to close any open orders and withdraw your funds from Poloniex. During this time, your account will function normally, but you will be prohibited from opening new margin positions, adding to existing ones, and lending funds. After April 21, 2017, your account will be placed in a suspended state and access will be restricted. If you still have funds on balance at this time, you will need to file a support ticket in order to withdraw your funds. There is no deadline on this, but we request you withdraw as soon as possible. When your account is placed in a suspended state, your data will remain on file and accessible. If we resume operations in the state of Washington, you will be able to resume trading with the same account, with all of your historical data intact. If you happen to move out of Washington and to state where our services are available, please contact support. You will be given instructions on how to verify your new state of residence. We look forward to welcoming Washington residents at a future date. Until then, we will do everything we can to help you wind down your account. If you need support: https://poloniex.freshdesk.com/ Sincerely, The Poloniex Team Why do you need to start looking for other exchanges? Are you living in Washington state USA at the moment?
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archangel22	Apr 8 2017, 04:49 PM Show posts by this member only \| Post #644
Casual Junior Member 472 posts Joined: May 2010	QUOTE(wengherng @ Apr 8 2017, 04:24 PM) Why do you need to start looking for other exchanges? Are you living in Washington state USA at the moment? No. One state down, others tend to follow. And this may affect the exchange trading volume.
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TSwengherng	Apr 8 2017, 05:02 PM Show posts by this member only \| Post #645
Regular Senior Member 1,865 posts Joined: Jun 2008	QUOTE(archangel22 @ Apr 8 2017, 04:49 PM) No. One state down, others tend to follow. And this may affect the exchange trading volume. Ah OK. But this is a state legislation, I would expect that all exchanges would have to follow it, no?
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kmarc	Apr 8 2017, 05:57 PM Show posts by this member only \| Post #646
The future is here - Cryptocurrencies! Elite 14,576 posts Joined: May 2006 From: Sarawak	QUOTE(wengherng @ Apr 8 2017, 03:21 PM) That's true, look at ZCash, bloody hell......released at USD 9000, dropped to USD 26 within 3 months (that a net loss of 99.7% within 3 months...... ) I really can't figure out why some do better than others......I guess it's really just a combination of marketing, a really revolutionary product, and purely being at the right place at the right time. Really? That's bad unless they shorted ZCash. Weird that it sold for USD9000 when bitcoin was probably not even 1k yet. Gosh, today is so boring. Hope to see some action soon.....
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archangel22	Apr 8 2017, 07:27 PM Show posts by this member only \| Post #647
Casual Junior Member 472 posts Joined: May 2010	QUOTE(wengherng @ Apr 8 2017, 05:02 PM) Ah OK. But this is a state legislation, I would expect that all exchanges would have to follow it, no? Yes. Kraken also closing down WA accounts. Other option maybe Bitsquare, a decentralized exchange. I hvnt read in details nor tried it. Briefly its like localbitcoin for altcoins.
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chonghe	Apr 8 2017, 11:26 PM Show posts by this member only \| Post #648
Enthusiast Senior Member 853 posts Joined: Apr 2017	QUOTE(archangel22 @ Apr 8 2017, 03:58 PM) This might also be the reason. Shld prob start looking for other exchange. But im afraid any states auth will just implement the same rule. https://steemit.com/poloniex/@whatsup/polon...wa-accounts-usa » Click to show Spoiler - click again to hide... « After careful consideration of the Washington State Department of Financial Institutions' interpretation of its financial services regulations, we regret to inform you that Poloniex will be suspending operations for our customers residing in Washington until further notice. As a verified Washington resident, you have two weeks to close any open orders and withdraw your funds from Poloniex. During this time, your account will function normally, but you will be prohibited from opening new margin positions, adding to existing ones, and lending funds. After April 21, 2017, your account will be placed in a suspended state and access will be restricted. If you still have funds on balance at this time, you will need to file a support ticket in order to withdraw your funds. There is no deadline on this, but we request you withdraw as soon as possible. When your account is placed in a suspended state, your data will remain on file and accessible. If we resume operations in the state of Washington, you will be able to resume trading with the same account, with all of your historical data intact. If you happen to move out of Washington and to state where our services are available, please contact support. You will be given instructions on how to verify your new state of residence. We look forward to welcoming Washington residents at a future date. Until then, we will do everything we can to help you wind down your account. If you need support: https://poloniex.freshdesk.com/ Sincerely, The Poloniex Team quite surprise to see this Hopefully is not Poloniex problem
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sirxl	Apr 9 2017, 07:21 AM Show posts by this member only \| Post #649
On my way Senior Member 583 posts Joined: Dec 2004	QUOTE(archangel22 @ Apr 8 2017, 07:27 PM) Yes. Kraken also closing down WA accounts. Other option maybe Bitsquare, a decentralized exchange. I hvnt read in details nor tried it. Briefly its like localbitcoin for altcoins. Not sure if there's enough liquidity on Bitsquare, does anyone have the stats?
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TSwengherng	Apr 9 2017, 03:50 PM Show posts by this member only \| Post #650
Regular Senior Member 1,865 posts Joined: Jun 2008	QUOTE(chonghe @ Apr 8 2017, 11:26 PM) quite surprise to see this Hopefully is not Poloniex problem No, it's not a Poloniex problem. It's a state legislation by the Washington state authorities. QUOTE(sirxl @ Apr 9 2017, 07:21 AM) Not sure if there's enough liquidity on Bitsquare, does anyone have the stats? I do hear about them now and then, but have never personally used them.
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kmarc	Apr 9 2017, 08:14 PM Show posts by this member only \| Post #651
The future is here - Cryptocurrencies! Elite 14,576 posts Joined: May 2006 From: Sarawak	QUOTE(wengherng @ Apr 9 2017, 03:50 PM) No, it's not a Poloniex problem. It's a state legislation by the Washington state authorities. I do hear about them now and then, but have never personally used them. So boring. At least decred going up a bit. Bought anything lately? I nibble a bit of bela on the dip but I'm already up 300% so still have some cushion should it drop.
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max_cavalera	Apr 9 2017, 09:47 PM Show posts by this member only \| Post #652
rebirth Senior Member 5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh	QUOTE(kmarc @ Apr 9 2017, 09:14 PM) So boring. At least decred going up a bit. Bought anything lately? I nibble a bit of bela on the dip but I'm already up 300% so still have some cushion should it drop. What about ruby? Yesterday up a lot... Now drop edi 😄
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kmarc	Apr 9 2017, 10:53 PM Show posts by this member only \| Post #653
The future is here - Cryptocurrencies! Elite 14,576 posts Joined: May 2006 From: Sarawak	QUOTE(max_cavalera @ Apr 9 2017, 09:47 PM) What about ruby? Yesterday up a lot... Now drop edi 😄 Errm.... also crossed out my list quite some time ago. I still have a few coins haven't checked out but probably later. Concentrating on those I hold and also now out of bullets......
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TSwengherng	Apr 10 2017, 12:03 AM Show posts by this member only \| Post #654
Regular Senior Member 1,865 posts Joined: Jun 2008	QUOTE(kmarc @ Apr 9 2017, 08:14 PM) So boring. At least decred going up a bit. Bought anything lately? I nibble a bit of bela on the dip but I'm already up 300% so still have some cushion should it drop. Up 300%...?! Nice...! Unfortunately for me, I am also totally out of bullets, so no more buying for a while......
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kmarc	Apr 10 2017, 08:28 AM Show posts by this member only \| Post #655
The future is here - Cryptocurrencies! Elite 14,576 posts Joined: May 2006 From: Sarawak	QUOTE(wengherng @ Apr 10 2017, 12:03 AM) Up 300%...?! Nice...! Unfortunately for me, I am also totally out of bullets, so no more buying for a while...... With litecoin's segwit stalemate, it makes me a bit disappointed with cryptocurrencies, mainly on BTC. BTC was supposed to be decentralized but it looks like power is centralized to a few major miner groups. Progress can't happen due to the views, benefits and worse of all, the selfishness of some group. With ASICboost issue, it appears that certain group doesn't want progress because they will lose the advantage. I guess it was unavoidable. In the end, it still boils down to the worse of human nature. What a laugh. Decentralized but still centralized. BTC was supposed to be not owned by anyone! I think there are a few coins that try to avoid this centralization of power but I can't remember which one. In my mind, I hope that coin overtakes BTC and I would say good riddance to those holding power!!!! Edit : oh ya, here comes decred again! This post has been edited by kmarc: Apr 10 2017, 08:57 AM
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archangel22	Apr 10 2017, 09:06 AM Show posts by this member only \| Post #656
Casual Junior Member 472 posts Joined: May 2010	QUOTE(kmarc @ Apr 10 2017, 08:28 AM) With litecoin's segwit stalemate, it makes me a bit disappointed with cryptocurrencies, mainly on BTC. BTC was supposed to be decentralized but it looks like power is centralized to a few major miner groups. Progress can't happen due to the views, benefits and worse of all, the selfishness of some group. With ASICboost issue, it appears that certain group doesn't want progress because they will lose the advantage. I guess it was unavoidable. In the end, it still boils down to the worse of human nature. What a laugh. Decentralized but still centralized. BTC was supposed to be not owned by anyone! I think there are a few coins that try to avoid this centralization of power but I can't remember which one. In my mind, I hope that coin overtakes BTC and I would say good riddance to those holding power!!!! Your hatred is baseless. Just bcse your alts didnt perform well then you try to find something else to blame. Do you know how Bitcoin Core work? The Core has 100+ independent developers. Any proposal to upgrade Btc network, be it the block, miners machine, and full node, they must submit anonymously. Just like the founder Satoshi did. They never force any user/miner to follow their vetted proposal. But if the proposal can be accepted by the users, it must be near absolute like 95% of segwit. Again, when you dont know who is the founder of Bitcoin, it will never be a centralized blockchain. Bcse you cant influence the founder in any possible way. Every founder/person has weakness, as long as you know who it is.
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kmarc	Apr 10 2017, 09:24 AM Show posts by this member only \| Post #657
The future is here - Cryptocurrencies! Elite 14,576 posts Joined: May 2006 From: Sarawak	QUOTE(archangel22 @ Apr 10 2017, 09:06 AM) Your hatred is baseless. Just bcse your alts didnt perform well then you try to find something else to blame. Do you know how Bitcoin Core work? The Core has 100+ independent developers. Any proposal to upgrade Btc network, be it the block, miners machine, and full node, they must submit anonymously. Just like the founder Satoshi did. They never force any user/miner to follow their vetted proposal. But if the proposal can be accepted by the users, it must be near absolute like 95% of segwit. Again, when you dont know who is the founder of Bitcoin, it will never be a centralized blockchain. Bcse you cant influence the founder in any possible way. Every founder/person has weakness, as long as you know who it is. Haha, you got me wrong. I don't hate BTC or any cryptocurrencies! I LOVED them and they have given me excitement and overall 200+% gain! And lending out my coins everyday makes me feel so loan shark!! Up to now, Clams has returned me about USD 40+ and BTC USD 20+. I don't pretend I know the whole situation but that's what I can observe from my 2 months in cryptocurrencies. If it were true, why do you have core, unlimited, segwit, etc? That's the problem. If a certain group doesn't want acceptance because it doesn't benefit them, they can prevent progress. Anyway, it is only my 0.000002 BTC opinion. Edit : Now the fallback to UASF. Tell me what you think of this in relation to what you had mentioned above: https://www.reddit.com/r/Bitcoin/comments/6...asf_12_minutes/ https://www.reddit.com/r/litecoin/comments/...6/what_is_uasf/ https://www.reddit.com/r/litecoin/comments/...sf_on_litecoin/ This post has been edited by kmarc: Apr 10 2017, 11:05 AM
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shahrul09	Apr 10 2017, 10:40 AM Show posts by this member only \| Post #658
Regular Senior Member 1,330 posts Joined: Feb 2011	Ltc going for #UASF Attached thumbnail(s)
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Doggystyle	Apr 10 2017, 11:00 AM Show posts by this member only \| Post #659
On my way Senior Member 636 posts Joined: Jan 2003 From: One puppy a day... yum	Hey guys, Just started with this btc thingy. Going through the first pages, testing with buying a little from remitano and luno. Are newbie questions welcome here? Obviously it shouldnt be something that already covered in your guide.
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kmarc	Apr 10 2017, 11:06 AM Show posts by this member only \| Post #660
The future is here - Cryptocurrencies! Elite 14,576 posts Joined: May 2006 From: Sarawak	QUOTE(shahrul09 @ Apr 10 2017, 10:40 AM) Ltc going for #UASF Damn. Another new thing for me. Don't understand at all. QUOTE(Doggystyle @ Apr 10 2017, 11:00 AM) Hey guys, Just started with this btc thingy. Going through the first pages, testing with buying a little from remitano and luno. Are newbie questions welcome here? Obviously it shouldnt be something that already covered in your guide. Sure, forumers here are helpful, IF we know the answer.
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