Bitcoin / Bitcoins / Crypto Currency

Ive made some decent money on ETH but theres been a wee bit too many times now everyone like this company gonna make it legit and that and then you never heard from it again.

I think bitcoin will come through tho.

As I said, 50% off right now. Buy cheap, especially when the mainstream media channels start to report about the panic

You could put it to the huge influx of new 'crypto traders' in this final quarter trying to make quick money on the December rally, the over correction this month has caused mass panic against the weak hands.

Which is what market makers want to see before taking the price up again normally.

Interesting article looking at the broader arguments for blockchain technologies

https://www.nytimes.com/2018/01/16/magazine/beyond-the-bitcoin-bubble.html

Just bought some from coinbase, verification failed since sunday with 3 different id's, it finally worked with my passport this morning, csb.

it's creeping back up, non?

Appears to be.

currently using Exodus as a wallet on Macbook but i also have bitcoin on coinbase and looking for a better wallet/ exchange that won't crash when prices are high up or down. Any advice?

Bittrex, Bitfinex, Binance all are worth a look. Binance if you think you might want to dip in to a lot of the smaller cryptos otherwise I have only positive things to say about my experience with Bitfinex.

Bittrex, I believe isn't taking new registrations right now.
Bitfinex - a minimum account equity of 10,000 USD is required before you're account becomes active.
Binance registrations are only allowing limited numbers at certain times during the day, putting new users verifications at their lowest priority.

Ah fair, I didn't know that about Bittrex or Bitfinex. Is the $10,000 relatively new as I've never had that much in? I know they introduced minimum withdrawal amounts of about $400 for BTC as their target audience not people doing small trades.

As far as Binance goes a friend of mine registered on Monday and had verification completed yesterday. Maybe they just got lucky but that's still worth a shot.

"Both Bitcoin and Ethereum mining are very centralized, with the top four miners in Bitcoin and the top three miners in Ethereum controlling more than 50% of the hash rate. The entire blockchain for both systems is determined by fewer than 20 mining entities [4]."

Uh oh...

Pretty hilarious to read the first couple of pages of this thread...
(apols if this has been mentioned before)

This is pretty nuts: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

I'm using CoinPayments as it seems like a reasonably secure web wallet for my XRP and ETH. If you've got big money invested it's better to store coins in a desktop app or other offline wallet though.

You can convert between some common coins on there also.

Edit: Also I think the CoinPayments XRP wallet doesn't require an activation fee, could be wrong though.

Duplicate

Also, can anyone recommend any smaller exchanges with more than just BTC/ETH offerings? Gatehub working very poorly for me atm & verification taking forever for all the larger sites.

I use Bittrex, seems pretty easy to use, has a wide range of coins but not the most esoteric chinese ones. I've put a few hundred dollars each in a range of half a dozen or so smaller coins. I expect most to die off but one or two may do well. At that level of investment it's a long term plan.

Kucoin, Binance. Both have several trading pairs.

I'm going all in before the hype sends this one though the roof

https://bananacoin.io/

I just want to buy £20 worth of bitcoin / eth. Tried signing up to a few places but it's doing my head in with authenticatins etc.

Best place to trade on at the moment so I can put the effort into authenticating with them. Coinbase seems to be the most popular but also gets slated?

Cheers guys.

I dipped my toe into crypto just before Christmas and bought £40 of BTC, went through coinbase and found it to be no bother, used my driver's license for authentication and that was fine. Although my £40 is now worth £25, but we'll not talk about that, lol!

If it's that little and your just going to hodl, I'd just use local bitcoin - there's unlikely to be much in it. One of the sellers is called something like FatGuySlim and was reliable and communicative.

https://www.solidi.co/ is pretty good for small amounts. No need to verify, unless you want to buy more (but its not hard, my daily limit is about 0.2 btc following verification). Might limit you to between 0.0025-0.0005/day initially (between £20 and less than £5) but if too low just do a few purchases over consecutive days (you'll most likely find it gets cheaper each day, given the current trend).

You can leave them on Solidi or move to a different wallet. You can only buy BTC via solidi but if you move them to an exchange you can convert to ETH (which seems like a better option to me at present).