Cryptocurrency Q&A
Questions and Answers about cryptocurrencies, bitcoin, ethereum, wallets, exchanges. We are ready to help you and answer to your questions about any crypto coin or related topic with it. Most of the questions are about bitcoin, ethereum, exchanges, crypto wallets, coins mining, so you can check already asked questions below. If you have questions about bitcoin future or want to share some bitcoin news and create a discussion here, please do it and our community will join you. Don't forget to find out about most popular altcoins which are going to change the future and can earn you great profit. We also can advice you which exchange for bitcoins or altcoins are the best for you depending on your residence. Safe cryptocurrency wallet is also very important if you want to store secured your coins. Or maybe you are interested in mining bitcoin, ethereum, monero, litecoin? Let's talk, ask us a question. We have huge experience in crypto field and we are ready to share it with you.
If I’m buying bitcoin through my Coinbase account with an ACH payment from my bank, is the price of BTC locked in when I initiate the transaction? Or 3 to 5 days later when the ACH payment arrives in my Coinbase account? Is there a faster way to buy btc or eth on coinbase using USD from my bank than the 3-5 day wait for the funds for transfer without using a debit card with it’s high fees? Not loving the idea of keeping USD in my fiat wallet in my coinbase acct, since I see conflicting info about whether or not it’s insured.
What is the MAXIMUM time you are willing to wait on crypto-exchange to complete exchanging an asset? 1. 1 day or less 2. 3 days 3. 5-7 days 4. 14 days 5. 30 days or more
Hi, iv had a crypto broker for around 4 months now, I invested £9000 and my account has reached over £30,000 now, iv asked for a £4000 withdrawal and then received an a mail saying I have to pay nearly £6,000 tax before all funds are released to me, my broker said this isn’t unusual and to pay it ASAP so I can then send the majority of it back to carry on trading. This really doesn’t feel rite. Has anyone heard of this procedure before? Many thanks Carl
I used bitcoin wallet generator (app on phone) to make a public and private key. I didn't store, I just wrote it down. I have never used it and I am only person who has ever seen it. Could I now but some cryptocurrency on coinbase and store in on that private key? Basically it's a paper wallet, I think? New to all this and want to be sure this is safe?
Can any one Explain How to read and apply signals Eg Signal BTCUSD SHORT 9150-9180 9300-9400 TARGET 9040-8950-880-8750-8650 SUPPOSE THE CURRENT PRICE IS 8900 SO WHAT SHOULD I DO NOW ? I ENTER NOW FOR LONG TILL 9400 AND THEN GO FOR SHORT AGAIN ? CAN ANY ONE PLEASE EXPLAIN THIS THANK YOU
The manipulation of BTC price is becoming so easy these days. For a couple of weeks all the news articles bleat on about so called 'corrections' then boom it happens right on cue, also the handful of players that continually mess with its price to make a fast buck are a real threat to Bitcoin, not governments.That being said, the market is still all about BTC at the moment and I’ll advise current investors and newbies to take advantage of Monica temuda’s program, a pro trader who runs a training program for investors/newbies who lack understanding on how trading Bitcoin works, to help them recover loss from the crash and also accumulate more bitcoin, with her program i went from having 1.5btc to 6btc in just 9 weeks. You can reach him on Telegram - Monicat1000 and on email monicatemuda1001(at)gmail(dot)com
I am very new at cryptocurrencies and I have some questions about them. I am learning how to code with python and to further improve my knoledge on both worlds Ive decided to make an arbitrage bot. My idea is to work with Binance, Bittrex, Poloniex, Bitfinex and Coinbasepro with 'BTC', 'EOS', 'ETH', 'TRX' and'XRP'. My questions are the following: Is there a way to send cryptos between exchanges using python with the apis of the exchanges for example? To facilitate this operations ive thought about using a private wallet that would work like centralized module. So for example if an exchange has more quantity of a particular coin these would be send to my private wallet and if some exchange has not enough quantity of a particular coin my wallet would send them the quantity needed to continue the arbitrage operations. Is there a way to do that? Is my hole plan absurd or unfeasable in some way? I would really appreciate some feedback on the possibilites of these technologies with regard to the project im trying to implement.
Hello, My Nano-S crypto hardware wallet failed and was replaced. The crypto records one the Nano are gone. How, and from where, do I retrieve my currencies? Thank you!
I have discussed with @lucky80 on a topic about is it possible in the future bounty hunters are not paid with tokens but by btc or eth. Do you think this could happen?please give a reason too
Ich habe bei infinity eonommics ein wallet mit XIN-coins und möchte wissen welch einen wERT DIESES WALLET HAT. Ich besitze 113.000 ,--xin coins. Besteht auch die MÖGLICHKEIT EINEN kleinen Betrag abzuheben.Danke für die info. MfG Dieter
I screen shot something interesting about potcoin .in 2014 the actual market cap was 1.4 trillion dollars. Truth or lie .I also saw 5 months ago the full crypto market cap was over 13 trillion dollars.i think true but there is to sets of crypto coins. The one were the governments or using the tec a d the other which the public sees.there seems to be a cover up negotiated between the crypto exchanges and the governments.so the answer would be hold all the coins you have and one day both markets will have to come together. Price will sore when they get what they want because they will hold in the volts the same as they do with every ather valued asset.
I see that i can watch Bitcoin cash price in live mode, but it is with 5 minutes delay. Do you have possibility to watch it live?
Also, i am interested, where from you get the Bitcoin cash price?
What is Bitcoin cash? What is the difference between real Bitcoin and Bitcoin cash. Is it really one for store value, another for payments? Also, when i go to Bitcoin.com, there is the main currency Bitcoin cash.
What is the future XRP or Bitcoin? Both are for payments, of course, everyone says that Bitcoin is like a gold, the store value, but what is the point to store value if you're not able to spend it fast. I think XRP for payments are more better than Bitcoin.
Who has brighter future? Ethereum or Bitcoin? They are totally different, and i don't understand why Bitcoin has higher capitalization than Ethereum. What is Bitcoin? It's nothing, just coin. Ethereum is more than a coin it's like Windows in 1993.
What is Ethereum price predictions? When i've started in January with crypto, Ethereum price was at $1500, now at $285. Does it mean that Ethereum is dead? What happening? What is your Ethereum predictions? Will NEO or EOS replace Ethereum, is it possible?
Where is the best place to buy or sell Ethereum? I want to create some apps, so i need to buy ethereum. After i create app, i am wondering to receive some coins and then sell Ethereum. So, where is the best place to buy and sell Ethereum?
Which is the best ethereum wallet? I've tried to download from their site Ethereum application with wallet, but it stop while initializing and takes around 80gb of my hard drive. Is it normal if i want to have simple Ethereum wallet?
Since people are always trying to look for explanations on why there are dumps... Why did ETH dump so hard? Some ICOs/big holders trying to get rid of it because of the ongoing investigations or other information we don't know yet?
Today Charlie Lee tweeted good news for LTC Litecoin:
Litecoin dev update: we are working on the next release of Litecoin Core and will reduce relay fees to 0.01 lite (0.00001 LTC). Should be released soon. The release after this one, we will reduce min fee to 0.1 lite (0.0001 LTC). I'm also finishing up my fee signaling proposal.
How do you think this will impact the price of LTC?
there are more than 1000 types of crypto coins on the market. with many you see that they sometimes increase more than 100% in value, my question is if the following is it possible if you start with 100 euros and you would trade every day in a coin and you make every time for 40% profit on all your bet then it is still possible that you have more than 2 million euros in 30 days??. here is the calculation 100 * 1.40 ^ 30 = 2,4 million please explain if it is possible or not
Bitcoin price went up just for a few days, don't worry, Bitcoin cash pump will finish soon and Bitcoin price should go up to 20k until christmas or new year! Be ready.
I agree. Bitcoin cash looks like scam project. But what they did it's huge thing. I don't know how much money they invested to lift BCH market cap to $70billion, but it is huge. Roger Ver with Jihan We prepared good pumps :D
Did you see that Charlie Lee, the founder of Litecoin also sold all of his Litecoins. He says that after selling all coins he earned so much and he made some charity. Is it the beginning of the end? He says, that he will continue his work with Litecoin full time. Here is full text from Charlie Lee:
Over the past year, I try to stay away from price related tweets, but it’s hard because price is such an important aspect of Litecoin growth. And whenever I tweet about Litecoin price or even just good or bads news, I get accused of doing it for personal benefit. Some people even think I short LTC! So in a sense, it is conflict of interest for me to hold LTC and tweet about it because I have so much influence. I have always refrained from buying/selling LTC before or after my major tweets, but this is something only I know. And there will always be a doubt on whether any of my actions were to further my own personal wealth above the success of Litecoin and crypto-currency in general.
For this reason, in the past days, I have sold and donated all my LTC. Litecoin has been very good for me financially, so I am well off enough that I no longer need to tie my financial success to Litecoin’s success. For the first time in 6+ years, I no longer own a single LTC that’s not stored in a physical Litecoin. (I do have a few of those as collectibles.) This is definitely a weird feeling, but also somehow refreshing. Don’t worry. I’m not quitting Litecoin. I will still spend all my time working on Litecoin. When Litecoin succeeds, I will still be rewarded in lots of different ways, just not directly via ownership of coins. I now believe this is the best way for me to continue to oversee Litecoin’s growth.
Please don’t ask me how many coins I sold or at what price. I can tell you that the amount of coins was a small percentage of GDAX’s daily volume and it did not crash the market.
UPDATE: I wrote the above before the recent Bcash on GDAX/Coinbase fiasco. As you can see, some people even think I’m pumping Bcash for my personal benefit. It seems like I just can’t win.
Yes, he is smart. Now very rich and smart :) tries to look good and go away from his own project. He did a huge 3 days job when he started promoting LTC on TV, pumped the price and left. Everyone tells that LTC price is overvalued now with $350. Wait for big DIP!
What's happening with Bitcoin Cash price? Is it again pumping? It went up to $3800 in 50 minutes?
Bitcoin cash price rises because of Coinbase (GDAX) started Bitcoin cash trading on their platform. Everyone buying, we have little dip with BCH because of some bugs on GDAX and stopped trading feature. Everyone expects Bitcoin cash to the moon after GDAX will enable buy and sell Bitcoin cash again.
Coinbase tweets:
1) Buy, sell, send and receive Bitcoin Cash on Coinbase
2) Coinbase maintains a strict trading policy and internal guidelines for employees. Coinbase employees have been prohibited from trading in Bitcoin Cash for several weeks.
3) An update on Bitcoin Cash for our customers: sends and receives are functional. Buys and sells on Coinbase.com and in our mobile apps will be available to all customers once there is sufficient liquidity on GDAX. We anticipate that this will happen tomorrow.
4) All BCH markets will remain cleared and offline until 9am PST 12/20/17. At that time, BCH markets will enter post-only mode for a minimum of one hour to allow liquidity to be established.
Wait until GDAX will enable BCH buy/sell feature again, might be that Bitcoin cash price will go even more. Be careful everyone, let's earn some money!
Will BCH replace BTC? No, I don't think so...
Bitcoin futures launched 15 min ago. CBOE site is down, Coinbase is down. Everything is down. Just Bitcoin network is up and works perfect. What we see next? What Bitcoin price will be?
What is the future of first coin. And what is is predicted price till May 2018. Because for last week week it's price remain under 17 dollor. Most of the time when I checked the price it's remain in upper 15 or lower 16 dollors.
Why IOTA price is falling down? It went down 40% from the ATH. After so many good news.. what's happening? The price dropped from $5.5 ti $3 just in one day!!! Was it simple pump and dump on organized by pumping community?
Looks like all altcoins market going down and Bitcoin going up. It's usually day in crypto market. One day up, another day down. It's a good day to buy. Everyone waits for dips, here you go - go and buy. Just as always be careful!
For those of you devoted to decoding Buffett's every pronouncement, his meaning is clear: Bitcoin is not tangible investment. It don't generate earnings or pay dividends. How do you really value Bitcoin if it have no intrinsic or "book" value? And people who buy bitcoin are simply betting that the price will go up.
It generates money for miners, they creates Bitcoins and get paid for it. How do you value US dollar? How much cost paper?:)
Why IOTA price is going to the moon? In last month price went op from $0.4 to $2.5! It is crazy 500%!
IOTA last week announced about launching Internet of things exchange market. They have close partnership with Microsoft, Fuji and other famous IT brands. IOTA should be solid coin with solid investors.
IOTA already reached ATH $3.3!!! Now struggling in small DIP. But it will go up because of IOTA mania over the world.
It looks like the money from ETH goes to IOTA. Also, money from all altcoins. After IOTA reported they're cooperating with governments - it's all cryptomarket needs
will Ether continue to drop. I had to use my Ether the other day on another investment and of course it skyrocketed right after :)
Looks like another market DIP is coming. But also might be the rise. We actually didn't have any correction in 1D chart, so i think soon we will have at least 2-3 days correction.
Tether (USDT) was hacked, over $30 million dollars were lost. Something happening with Bitfinex, Bittrex, Binance, HitBTC. I've heard that money are frozen, some exchanges doesn't work properly. Anyone affected?
Did you notice any problems with Bitfinex? Any issues with withdrawal?
Bitfinex just posted on their Twitter, that there were some FUD:
- Bitfinex is solvent and both fiat and crypto withdrawals are functioning as normal. We are seeing increasing FUD which we believe is a co-ordinated attack to create a market disrupting event 1/2
- Always ask for evidence before drawing conclusions. We are grateful to those who have defended against these reckless allegations. A formal announcement is forthcoming. 2/2
Bitcoin Cash is not an offshoot of Bitcoin, It's the original Bitcoin with the original functionality restored.
It's interesting to see how Bitcoin cash tries to lift up the price. Roger Ver pumping from BTC to BCH. When Bitcoin is going down, you can see Bitcoin cash is going up.
Now people are searching for "buy bitcoin" more than how to "buy gold".
Also, when you type to google search "bitcoin is", most popular suggestions are:
- bitcoin is a bubble
- bitcoin is dead
- bitcoin is legal in india
- bitcoin is the future
- bitcoin is worthless
- bitcoin is fake
- bitcoin is a ponzi scheme
- bitcoin is illegal
- bitcoin is it real
- bitcoin is not a bubble
Seems that NEO rumors are getting bigger and bigger (same with the price)
WARNING - THESE ARE UNCONFIRMED
- China not only letting ICOs, but also allowing NEO (along BCH) MINING
- Bittrex listing GAS
- Bithumb listing NEO next week
- Chinese devs getting tech grants
It’s amazing how early we are in the crypto asset world and people are whining that they missed the Bitcoin, Ethereum, Litecoin opportunity or how late they noticed cryptos. Even 3 years from now, it will still be early.
Yes, i agree. I would add IOTA and DASH to the list :) but might be more. We have to wait for a bubble explode, then we see who stays, who is out of the game.
Today we're excited to announce the first ever Lightning cross-chain swap from Bitcoin to Litecoin!
I liked the way Charlie Lee reacted to this:
"I believe you guys have been waiting for this! Now that Segwit2x is canceled and SegWit haters have their own coin to play with, it's full steam ahead with scaling Bitcoin/Litecoin with LN and other 2nd layer scaling solutions!
LN atomic swaps are much better than on-chain ones because it's instantaneous, low fees, and preserves privacy. 2nd layer off-chain solutions like LN are only practical with a transaction malleability fix like SegWit. So thanks to everyone's hardwork on getting SegWit activated!"
I visited my friend’s restaurant last week. Stats for the the previous week:
- 8 people paid with BitcoinCash
- 2 people paid with Ethereum
- 0 people paid with BitcoinCore
LOL :D I visited some 30 Institutional Investors over last few days
Stats for the visit:
- 12 are investing in Bitcoin
- 10 are about to invest in Bitcoin
- 8 still need time
- 0 have any plans to go anywhere near BCash
Is the Total supply number Is real? because i saw more than 80 Billion available for sale in my exchange website best regards, Ted
Ted, thank you for a question. Yes, it's real, these numbers (market capitalization) are taken from all exchanges and always updates.
Between poloniex, bittrex and yobit exchanges which one is better?
Aloysius, thank you for the question. All exchanges are good. I recommend you to open account on all those exchanges, check which accepts deposits in fiat currency, try to trade and check where you like best. We have some negative reviews about Poloniex support, they delays with the answers. All exchanges have negative and positive things, so you have to find yours.
Can you type in 0.01599072 or whatever it is now and hit claim? You might try using Neon on a computer as a last resort. https://neo.org/download
You need to send your neo to yourself first. From your neon wallet, send them to you at your neon wallet. Go to claim, wait for it to refresh and claim
Seems it varies from wallet to wallet. In some, you can claim any time, with this one, it does indeed seem to be a minimum. The good news is that if you are planning to hold your Neo, it makes no difference (unless they change the system).
Sending NEO to yourself, claiming gas, its a circus. why this is not automated seems so backward to me.
What was the spark that made you take a serious look at getting into bc / crypto? I was a skeptic for a long time, brushing it off and off but I have come to realize this is the future. For me, it was seeing the possibilities with such technology and realizing the potential with all of this.
Wannacry malware wanting bitcoin as payment. Criminals are always ahead of any technology curve.
For a lot of people (myself included) we speculated buying for a long time and then saw that the price kept increasing. You can only have so many "I could have made x amount of money if I had actually done it!" before you cave in and buy at least a small amount.
I got scammed in to joining bitcoins brain and lost 40 bucks in 3 days. After that I wanted to research and know everything about this industry, to help prevent that from happening again. Started Blogging
For me it's the blockchain technology. I find it a great way to ensure transparency and decentralization. I think it's got a ways to go because it's a bit cumbersome and clunky but as with any technology it will grow and adapt. I wonder if Perhaps one day we will be free from fiat money, non transparent governance, and having to pay for knowledge and information?
Years ago i bought bitcoin for £30 a btc, it didn't go up, actually it dropped for the couple of months after i bought it and so i got fed up and sold and bought into the stock market and bullion. recently i checked the fucking btc price! i then spent a while learning about blockchain, and scrypt and the altcoins so i would understand cryptocurrency a bit better and although i'm currently down £1-1.5k on what i put in, as a result of china and fucking JP Morgan, i now believe in the coins i've bought, i'll buy more of them even tho they're down and although i regret selling the btc, i learnt a lesson in being patient and in the potential some of these coins have.
I got in following a group leader that does some bucks in HYIP's. Lost money, gained money, stopped HYIP's evening it out. Since then (1.5 years), being investing month after month to increase portfolio whilst reading, reading and reading again anything I can find on blockchains.
Stuff like this and realizing this is still possible right now with various alt coins: If You Bought $5 of Bitcoin 7 Years Ago, You’d Be $4.4 Million Richer
A friend told me about btc and how he believed in gulden alt. I started the research and got into those crypto drug
OmiseGo just received Prime Minister Digital startup of the year award from PM of Thailand.
Hello, I see everywhere Tether, USDT. What does it means? When i trade on Bittrex, Bitfinex, Kraken, Poloniex, there is always comparing prices to USDT Tether. I thought that it is us dollar, but it's something different. Could you explain?
Patrick, thank you for your question. Tether converts cash into digital currency, to anchor or tether the value to the price of national currencies like the US dollar, the Euro, and the Yen. Every tether is always backed 1-to-1, by traditional currency held in our reserves. So 1 USD₮ is always equivalent to 1 USD. The Tether platform is built on top of open blockchain technologies, leveraging the security and transparency that they provide.
Crypto Crashing! Are the chinese leaving like they did in 2013 causing Bitcoin to go from $1200 to $250????
Stop panicking. Think 3 months from now. This is yet ANOTHER bump in the road. Crypto is the future
If Bitcoin go to 2000 range I will sell everything i had and buy Bitcoin
BTW Just so everyone knows. The JP Morgan Ceo that made his statement today about Bitcoin not being worth anything had a patent for a Bitcoin look a like rejected 175 times before making his statement haha: http://www.telegraph.co.uk/technology/news/10510933/JPMorgan-files-patent-for-bitcoin-killer-currency.html
You guys really need to study charts... the panic and fud post in this group is really getting PATHETIC
By the way, this crash is serious! Even tether is losing value. Which means fiat is actually being withdrawn to bank accounts!! Things are getting SERIOUS.
Suneedh, Fork was on 1st Aug, but on July 15th BTC dropped to $1900, it's not possible that price will always rise. Look long term. Check any stock on the market, all goes up and down. And now it's media war, panic wins. Calm down and be ready to go down even to $2000, but it will go up again.
Consolidation is fine thats the way of the market what worries me is idiots like JP morgan and China News comps shitting on it so its USA and CHINA the rest of the world Argeintina, Switzerland, Japan are taking up crypto
i got worried for a second, then i remembered i only have $50 invested. all is well :D
So what does it tell us Adoption is happening and Japan and Argentina dont want to be part of the $ domination world or their old debt
Needed Correction. This will only make the market accessible to more people.
Bitcoin price falls because of one article on Caixin. No statement from China's bank, exchanges didn't get any notice. Regulation must come, why everybody is so scared of legality? I think we have huge price manipulation in the bitcoin ecosystem. What's your opinion?
Its fake, and price is falling because of this fake news, also because its weekend, wait till monday it will start rise again, but there is a speculation that third dump will happen next week, also with some fake news... Big players are getting their cheap cryptos this way
Because of the fake news all over about bans to exchanges and it causes panic. People begins to sell. Well its the nature of Money. Volatility. What i know for sure is that this is gonna come and go. Cryptocurrency is here to stay. 135billion cap. this is gonna continue to soar as more people begin to adopt and money continue to flow in. so Keep stocking currencies and be in the profits
I would like to be it fake news. Just strange when bbc, cnbc, cnn, cointelegraph doesn't say that it's fake news. They quotes Caixin as trustful local Chinese source.
That trustfull Chinese source ir below shit, take a look at Boxmining videos, he has a very good insight about Asia markets, he rips this fake shit appart :) it's not logical that Official Chinese Goverment statement comes almost 10 PM in the evening :) now take a look at this and be ready to buy some more coins later https://steemit.com/.../bitcoin-crash-how-to-spot-whale...
its the same shit like last wekk ICO's news, FUD is what making whales to get their cheap crypto, as a small fish, all u have to do is not panic sell and buy more, thats it :) Also take a look at this http://boxmining.com/chinese-ban-crypt-exchanges-rumor/
Comon guys, so many people are new to investing, like me. So why not educate us instead of trying to be a funny guy
Don't be afraid to hear different perspectives ffs. Don't stay in a cesspool of people who only think like you. That's dumb.
This isn't true - the exchanges are still running. There has been new release from the Government about anything and nothing has been said. This was posted by a newspaper(deliberately) in China and picked up by the rest of the world. when the BTC Trading halt occurred, trading halted prior to the Government Release. As of now, nothing has halted. Don't be idiots.
As long as people keep reacting to it it will never stop. Lots of new people fear the total collapse in the back of their minds and are so quick to assume that any dip is the big one.
Whole new herd of noobs to manipulate, I expect China will continue 'banning Bitcoin' again until price stops moving from it
