Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17267. (Read 26608871 times)
May 10, 2017, 10:31:09 AM
flash crash activated?
May 10, 2017, 10:19:57 AM
Online computer are never safe(just think about the recent Windows Defender remote hole). Use an old pc, which you never connect to the internet. Or just buy a Trezor. Much easier this way.
All of us must have made enough recently to buy a trezor (or similar) without even noticing it. Do it! you can't trust your phone or your computer.
Make sure you practice with it a little before commit large amounts of funds to it, and write down the recovery seed!
You will sleep easier.
May 10, 2017, 10:19:52 AM
A bright shiny good morning Bitcoinland.
The non-bubble uptrend continues. After a solid $100 correction/profit-taking/consolidation we're right back with a fresh new ATH... currently $1784USD (Bitcoinaverage).
That's $2457CAD according to Google. Two and a half grand is getting tantalizingly close.
Go Bitcoin go.
The non-bubble uptrend continues. After a solid $100 correction/profit-taking/consolidation we're right back with a fresh new ATH... currently $1784USD (Bitcoinaverage).
That's $2457CAD according to Google. Two and a half grand is getting tantalizingly close.
Go Bitcoin go.
May 10, 2017, 10:19:39 AM
When you have more than 12 BTC, I would recommend using Bitcoin Core on a computer that can handle it. The only other wallet I've used is Electrum.
How can you suggest someone to use a software wallet with 12BTC ($20.000)?
That's irresponsible advice
On a properly secured computer, it's fine. I know someone who uses an android software wallet with 50+ BTC in it.
All the coins and alts I hold are on software wallets. Do whatever you need to do to keep your computer secure, whether that's installing firewalls or running it in a VM or isolating it from the internet.
No, it's not fine. When I am not trading I do computer security for a living and I know all the ways why it isn't.
That doesn't mean it is a sure thing that you will be hacked, but there's no need to gamble with that when current hardware wallets are so cheap and convenient to use.
About the guy with 50+BTC on an android.... well, everything is relative, it depends on his net worth... if that's what he spends in a couple of days or even a week, then its ok. Other than that it's irresponsible. But hey, it's his money.
May 10, 2017, 10:13:28 AM
Online computer are never safe(just think about the recent Windows Defender remote hole). Use an old pc, which you never connect to the internet. Or just buy a Trezor. Much easier this way.
May 10, 2017, 10:06:58 AM
When you have more than 12 BTC, I would recommend using Bitcoin Core on a computer that can handle it. The only other wallet I've used is Electrum.
How can you suggest someone to use a software wallet with 12BTC ($20.000)?
That's irresponsible advice
On a properly secured computer, it's fine. I know someone who uses an android software wallet with 50+ BTC in it.
All the coins and alts I hold are on software wallets. Do whatever you need to do to keep your computer secure, whether that's installing firewalls or running it in a VM or isolating it from the internet.
May 10, 2017, 09:52:05 AM
Remember when going up $50 in one day was special?
This thread is dead these days...
This thread is dead these days...
$50 is only a 3% now. Wake me up when we are at $2000 or something...
May 10, 2017, 09:47:35 AM
Remember when going up $50 in one day was special?
This thread is dead these days...
This thread is dead these days...
May 10, 2017, 09:08:23 AM
Coinbase has become such an altcoin whore now.
They be in it to make money. They have no ideological duties. If they could legally make money by selling photographs of me on the toilet giving a friendly wave then they'd do it. I'd undercut them though.
May 10, 2017, 08:55:34 AM
Spread between Stamp and Finex is < $20 now, interesting
May 10, 2017, 08:45:00 AM
Price target of this week; $1600-$1800.
That is a pretty broad range.Mission accomplished
My crystalball tells me now that the price will go to max $1900 followed by a decent $100-$200 weekend dump.
May 10, 2017, 08:23:47 AM
Coinbase has become such an altcoin whore now.
I distinctly remember a time when Brian Armstrong refused to peddle altcoins, saying that Bitcoin was their focus for the long term and had everything that merchants and users would need for the future. I admired them for their long term vision.
Then they caved and added ETH, because it was "unique and different than all the rest." If you look at it sideways, a case could maybe be made for that.
Now they've added LTC, because....? Because Coblee works there and it was his little pet project that he created in a weekend? Because it's radically different from BTC and ETH and adds something new? No, actually it's just because LTC is pumping atm and they'll get a bunch of fees from it. Just like ETH did.
My how things change when your business is suffering. You pivot, begin to "change your tune" and peddle to whatever might gain you more brokerage and trading fees from unsuspecting n00bs. Not because you actually care.
I'm sure that before Coinbase goes completely bankrupt, they'll be peddling over a dozen or more shitcoins. Way to confuse newcomers who need more clarity, not more worthless options. It'll become just another Cryptsy.
/rant
And there are numerous reports from users last week which raises multiple red flags. I migrated my funds elsewhere, and bought a fresh portion of Waves along the way. Decentralized exchanges prove to be the future, imho. I distinctly remember a time when Brian Armstrong refused to peddle altcoins, saying that Bitcoin was their focus for the long term and had everything that merchants and users would need for the future. I admired them for their long term vision.
Then they caved and added ETH, because it was "unique and different than all the rest." If you look at it sideways, a case could maybe be made for that.
Now they've added LTC, because....? Because Coblee works there and it was his little pet project that he created in a weekend? Because it's radically different from BTC and ETH and adds something new? No, actually it's just because LTC is pumping atm and they'll get a bunch of fees from it. Just like ETH did.
My how things change when your business is suffering. You pivot, begin to "change your tune" and peddle to whatever might gain you more brokerage and trading fees from unsuspecting n00bs. Not because you actually care.
I'm sure that before Coinbase goes completely bankrupt, they'll be peddling over a dozen or more shitcoins. Way to confuse newcomers who need more clarity, not more worthless options. It'll become just another Cryptsy.
/rant
May 10, 2017, 08:07:39 AM
Coinbase has become such an altcoin whore now.
I distinctly remember a time when Brian Armstrong refused to peddle altcoins, saying that Bitcoin was their focus for the long term and had everything that merchants and users would need for the future. I admired them for their long term vision.
Then they caved and added ETH. Their rationale was because it was "unique and different than all the rest." If you look at it sideways, a case could maybe be made for that.
Now they've added LTC, because....? Because Coblee works there and it was his little pet project that he created in a weekend? Because it's radically different from BTC and ETH and adds something new? No, actually it's just because LTC is pumping atm and they'll get a bunch of fees from it. Just like ETH did.
My how things change when your business is suffering. You pivot, begin to "change your tune" and peddle to whatever might gain you more brokerage and trading fees from unsuspecting n00bs. Not because you actually care.
I'm sure that before Coinbase goes completely bankrupt, they'll be peddling over a dozen or more shitcoins. Way to confuse newcomers who need more clarity, not more worthless options. It'll become just another Cryptsy.
/rant
I distinctly remember a time when Brian Armstrong refused to peddle altcoins, saying that Bitcoin was their focus for the long term and had everything that merchants and users would need for the future. I admired them for their long term vision.
Then they caved and added ETH. Their rationale was because it was "unique and different than all the rest." If you look at it sideways, a case could maybe be made for that.
Now they've added LTC, because....? Because Coblee works there and it was his little pet project that he created in a weekend? Because it's radically different from BTC and ETH and adds something new? No, actually it's just because LTC is pumping atm and they'll get a bunch of fees from it. Just like ETH did.
My how things change when your business is suffering. You pivot, begin to "change your tune" and peddle to whatever might gain you more brokerage and trading fees from unsuspecting n00bs. Not because you actually care.
I'm sure that before Coinbase goes completely bankrupt, they'll be peddling over a dozen or more shitcoins. Way to confuse newcomers who need more clarity, not more worthless options. It'll become just another Cryptsy.
/rant
May 10, 2017, 07:55:55 AM
When you have more than 12 BTC, I would recommend using Bitcoin Core on a computer that can handle it. The only other wallet I've used is Electrum.
How can you suggest someone to use a software wallet with 12BTC ($20.000)?
That's irresponsible advice
May 10, 2017, 07:45:05 AM
I have so much worthless fiat in my bank account, but Bitcoin seems too expensive to buy now. What a dilemma.
with all fiat you don't need until 2021 you can buy bitcoins.
http://www.bitcoinblockhalf.com/
May 10, 2017, 07:40:29 AM
When you have more than 12 BTC, I would recommend using Bitcoin Core on a computer that can handle it. The only other wallet I've used is Electrum.
May 10, 2017, 07:34:47 AM
At this point you need to stop sending more transactions until the previous ones settle. The problem here is that you have sent a transaction that used coins that you just received but were not confirmed before sending again.
Maybe someone has a better solution for this, but I would just wait and next time don't use unconfirmed coins as inputs for sending.
Maybe someone has a better solution for this, but I would just wait and next time don't use unconfirmed coins as inputs for sending.
But. but. but... The coins have been in my wallet for a month at least.
I had an issue in my wallet two months ago when it showed un-confirmed balance.
As per the wallet support people, I emptied my wallet to a new one and then created a new wallet where I sent my coins. That cleared the unconfirmed balance.
But now a month later when I want to send my coins to an exchange I run into this problem.
Maybe it is a wallet problem.. How to fix it? I dont want to lose my 12 BTC!
What software wallet are you using?
Also, if you have 12BTC on a software wallet my advice inmediately changes to: Buy a hardware wallet NOW!
Either Ledger Nano S or Trezor.
And for your current problem, make sure you have copy of the seed words and/or backup the wallet. Wait for transactions to settle as any time you keep sending new transactions using your unconfirmed change you are making the problem worse (no coin loss though, except for the fees).
Yes I have the seed words and will make a backup now.
I was thinking about switching to Electrum wallet.
FYI,
I have 6 transactions stuck with increasing fees ranging from 27 to 224 satosh/byte since the 7th (three days)
I was sending to Bittrex to buy str and xrp. So the coins crashed while I wait but now recovering so I am frustrated since I missed a good buying opportunity. Of course the bleeding could continue but... nobody knows for sure.
This MultiBid HD is shit and I did not know it due to lack of research. Found many threads with problems and solutions. For now I am going to wait until the transactions cancel or go through. The plan is to try to move my coins to another wallet when this fiasco is over.
The latest problem I discovered with this wallet is that the interface says satoshi/byte on a slider where you can set the fee. That is a lie, it is just satoshi! So when you think you are 200 satoshi the resulting transaction is like at 80 satoshi/byte. I maxed out the fees and gives only 0.0005 btc regardless of the size (bytes) of the transaction! So if you use this wallet be careful your coins could get stuck like mine. Also someone suggested that the wallet is spending unconfirmed transactions of the previous unconfirmed transactions.. Now is this a fucking joke? I have been in BTC for years and nobody ever said that you should do one BTC transaction at the time! WTF! In the end just be careful. I will update this mess when it gets resolved to inform you guys!
Thanks for your help!
Good luck with that. I can't tell you anything besides just wait for the transactions to settle and, again, buy a damn hardware wallet!
Oh, and I wouldn't touch STR or XRP right now except maybe for shorting them... but that's just me
May 10, 2017, 07:30:33 AM
I would just like to inform newcomers to think twice (or three times) before entering long or short position right now.
We are in for a long ride. But nobody can currently guarantee you, that swings in market price wont swiftly erase your position. Thats the con of profitable volatility. In 2013 bitcoin did at multiple times lose up to 35% of its value within hours to fully recover in just couple of days.
Exciting times ahead of us, indeed.
We are in for a long ride. But nobody can currently guarantee you, that swings in market price wont swiftly erase your position. Thats the con of profitable volatility. In 2013 bitcoin did at multiple times lose up to 35% of its value within hours to fully recover in just couple of days.
Exciting times ahead of us, indeed.
May 10, 2017, 07:28:06 AM
I have so much worthless fiat in my bank account, but Bitcoin seems too expensive to buy now. What a dilemma.
May 10, 2017, 07:21:26 AM
At this point you need to stop sending more transactions until the previous ones settle. The problem here is that you have sent a transaction that used coins that you just received but were not confirmed before sending again.
Maybe someone has a better solution for this, but I would just wait and next time don't use unconfirmed coins as inputs for sending.
Maybe someone has a better solution for this, but I would just wait and next time don't use unconfirmed coins as inputs for sending.
But. but. but... The coins have been in my wallet for a month at least.
I had an issue in my wallet two months ago when it showed un-confirmed balance.
As per the wallet support people, I emptied my wallet to a new one and then created a new wallet where I sent my coins. That cleared the unconfirmed balance.
But now a month later when I want to send my coins to an exchange I run into this problem.
Maybe it is a wallet problem.. How to fix it? I dont want to lose my 12 BTC!
What software wallet are you using?
Also, if you have 12BTC on a software wallet my advice inmediately changes to: Buy a hardware wallet NOW!
Either Ledger Nano S or Trezor.
And for your current problem, make sure you have copy of the seed words and/or backup the wallet. Wait for transactions to settle as any time you keep sending new transactions using your unconfirmed change you are making the problem worse (no coin loss though, except for the fees).
Yes I have the seed words and will make a backup now.
I was thinking about switching to Electrum wallet.
FYI,
I have 6 transactions stuck with increasing fees ranging from 27 to 224 satosh/byte since the 7th (three days)
I was sending to Bittrex to buy str and xrp. So the coins crashed while I wait but now recovering so I am frustrated since I missed a good buying opportunity. Of course the bleeding could continue but... nobody knows for sure.
This MultiBid HD is shit and I did not know it due to lack of research. Found many threads with problems and solutions. For now I am going to wait until the transactions cancel or go through. The plan is to try to move my coins to another wallet when this fiasco is over.
The latest problem I discovered with this wallet is that the interface says satoshi/byte on a slider where you can set the fee. That is a lie, it is just satoshi! So when you think you are 200 satoshi the resulting transaction is like at 80 satoshi/byte. I maxed out the fees and gives only 0.0005 btc regardless of the size (bytes) of the transaction! So if you use this wallet be careful your coins could get stuck like mine. Also someone suggested that the wallet is spending unconfirmed transactions of the previous unconfirmed transactions.. Now is this a fucking joke? I have been in BTC for years and nobody ever said that you should do one BTC transaction at the time! WTF! In the end just be careful. I will update this mess when it gets resolved to inform you guys!
Thanks for your help!
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