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Cryptocurrency & Blockchain

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A call to end gatekeeping in Asia’s crypto community

A call to end gatekeeping in Asia’s crypto community

https://preview.redd.it/9yzwv59fhco11.png?width=690&format=png&auto=webp&s=a8310c5d28b80eefb7223dddf49b0873fc0f85df

The crypto community is just not a friendly bunch; We like playing the guard at the gate

There’s a contradiction at the heart of Asia’s cryptocurrency community that few people have acknowledged, much less addressed: While cryptocurrency enthusiasts want digital currencies to succeed, their behavior toward beginners — the people needed for any coin to reach critical mass and adoption — is generally apathetic, if not outright hostile.
You can witness this gate-keeping on any online forum, first-hand if you so dare. Pose any question that a beginner might ask — such as where you can buy Bitcoin, whether X coin is a sound investment, or how to safely store your digital currencies — and you’re sure to receive an avalanche of answers, most unhelpful and many sarcastic.
Some might argue that such a response is well-deserved, since the vast majority of these inquiries can be answered with a simple Google search. But the same could be said of any intro-level questions related to most tech fields, and many of them still boast of online boards, forums, and communities that are beginner-friendly, as experts understand that many novices like getting information directly from trusted peers rather than search results. There is thus no other way to put it: The crypto community is just not a friendly bunch. We like playing the guard at the gate.
Gatekeeping is crypto is problematic because the tech still has such a long way to go. To this end, a study by Invest in Blockchain found that 64% of cryptocurrency projects do not have a working product, while less than 1% of people in the world own any cryptocurrency. Crypto, in short, is at this stage more still an idea than it is an actual innovation. For companies to succeed in creating viable coins and crypto products, and for consumers to use and adopt them, the community, as it stands now, needs to change its orientation toward beginners.
We need to be more welcoming toward anyone who has an interest in crypto, operating under the understanding that people who have little-to-no understanding now may grow to become key stakeholders. The developers new to blockchain and crypto tech may one day create an important industry innovation. The consumers who want to invest in a digital currency today may one day be the largest backer of another coin in the future. The individuals still learning how to store their coins now may one day be important power users and ambassadors tomorrow. And even more important than the individual contributions that newcomers will inevitably make, as a whole, a rapidly growing community will show that crypto will indeed change the world.
Also read: For crypto and blockchain to get mainstream appeal, we need to look beyond our own closed communities
A community, of course, cannot change overnight. How we act, speak, and teach beginners — or “newbs” as they are still often disparagingly referred to — is deeply ingrained. What we can do now is take the time to introduce anyone in our own personal social network with an interest in crypto through a virtual and real-world tour of its imprint in Asia. This ask is at least easier than helping strangers online, as we have an immediate connection and a vested interest in winning them over. It would be akin to a Googler showing a friend around the Googleplex in Mountain View: You want them to believe.
Fortunately, Asia’s cryptocurrency community is thriving: There are many successes you can point to in order to orient an interested friend and persuade them to actively participate in the community. For starters, you can help them open a digital wallet and purchase crypto, choosing from the numerous reputable providers and marketplaces there are in Asia, such as ANXPRO (Hong Kong), Coinhako (Singapore), BitoEx (Taiwan), BitBit (Philippines), Bitcoin Cambodia, and many others.
After you help them purchase their first crypto, you can take a step back – much like how the first imperative of the aspiring filmmaker is to hear director commentary or go-behind-the-scenes of an actual production – by showing them how crypto is mined. If you have connections, you might be able to take them to one of the industrial mining operations that dot Asia, most of which are in rural China where electricity is cheap. But you’ll most likely have to show them someone who has a small-scale mining rig, often using miner’s from China’s Bitmain. The sight of miners mining crypto in someone’s living room or bedroom will explain the power of decentralization better than anything else: Cryptocurrency really does portend major changes in how currency is created and maintained.
But the biggest way to ease friends into the cryptocurrency world is by demonstrating that it can be used to transact in the real world. CoinMap provides an overview of places that accept cryptocurrency, but many of these transactions are done manually and are thus clunky. A better bet is to take them to any venue that accepts crypto via a PundiXPOS, which is manufactured by the company of the same name out of Indonesia. They are currently deploying 100,000 of these devices across the world, including FAMA Group eateries in Hong Kong and even Ultra Taiwan 2018.
Also read: How Pundi X plans to help Indonesians buy Bitcoin “as easy as buying a bottled water”
Pundi’s XPOS devices are a strong statement in favor of cryptocurrency because of their ease of use, as they operate much like a normal credit card reader or POS terminal. Consumers just use their XPASS card at the XPOS, and then they’re free to use their crypto to pay for goods or services. This kind of demonstration is important for beginners, as the heart of cryptocurrency, after all, is currency. People are more likely to believe in crypto once they see its utility as a means of payment.

The takeaway

Is it idealistic to expect crypto enthusiasts to help along interested friends or colleagues in their social network? I hope not. The cumulative effect of patiently exposing peers to every part of the industry, from mining, purchasing crypto, and even transacting is substantial. It may win over more people to the community, combat the negativity that our online community often tends to exhibit, and ultimately add value to your own digital currencies as more people adopt and use them. The act of patiently introducing friends to crypto may be one situation, then, where the saying “pay it forward” make take on a literal meaning.
full article: https://sg.news.yahoo.com/call-end-gatekeeping-asia-crypto-community-072239662.html
submitted by crypt0hodl1 to PundiX [link] [comments]

Segwit2X Doesn't Have Support OR Consensus. Legacy Bitcoin Will Remain BTC and SegWit2X is Alt Coin B2X

"it is a standard and reasonable expectation for advocates of hard forks to attempt to do either one of two things. First, they can build widespread consensus in the ecosystem around the need for a backwards-incompatible change so as to avoid a confusing chain split."
OR
"Or, if they cannot create such consensus, then they can enact replay protection – as bitcoin cash did – in order to cleanly split into a co-existing minority chain with minimal disruption to the ecosystem."
WHAT IS WRONG WITH SEGWIT2X?
"Segwit2x breaks this trend by declining to enact replay protection and also failing to publicly seek and build wider community support for the adoption of the software."
DEEPLY FLAWED
"This is explained by the language of the original NYA announcement itself, which reveals a deeply flawed premise: that a consensus for such a change was already obtained since, "The group of signed companies represents a critical mass of the bitcoin ecosystem.""
NO CONSENSUS
Many signatories to the NYA (aka Alt Coin B2X) have now backed out & there is ZERO support from the CORE developers & very little from owners of Bitcoin BTC if the Futures Market are correct.
Wayniloans has withdrawn its support for the SegWit2x
Trading platform ANXPRO said it “will not be supporting the Bitcoin SegWit2x hard fork"
SurBTC Exchange has withdrawn its support for the SegWit2X (aka NYA, aka Alt Coin B2X)
India's Unocoin has abandoned SegWit2X (aka NYA, aka Alt Coin B2X)
F2 Pool Doesn’t Seem to Favor the Segwit2x Hard Fork
BTCC Mining Pool Stops Signalling for SegWit2x.
ANX (Hong Kong) = withdrawn support for NYA (Alt Coin B2X)
BitOasis (United Arab Emirates) = withdrawn support for NYA (Alt Coin B2X)
Bitso (Mexico) = withdrawn support for NYA (Alt Coin B2X)
Bitwala (Germany) = withdrawn support for NYA (Alt Coin B2X)
CryptoFacilities (UK) = withdrawn support for NYA (Alt Coin B2X)
MONI (Finland) = withdrawn support for NYA (Alt Coin B2X)
OB1 (United States) = withdrawn support for NYA (Alt Coin B2X)
Source 1: https://www.coindesk.com/opinion-segwit2x-doomed-fail/
Source 2: http://segwit.party/nya/
Source 3: https://coinmarketcap.com/currencies/segwit2x/
submitted by BTCBCCBCH to btc [link] [comments]

I worked so hard on this app! But now its ready for my crypto loving friends! :)

Introducing Interactivecrypto, a complete cryptocurrency application for your smartphone and tablet. With easy to use tools to keep track of all your cryptocurrency investments. Get detailed price and market information for individual altcoins all in one place.
👀Visit our Website👀 https://www.interactivecrypto.com
🔻Download the App for Free! 🔻
📱Android: https://play.google.com/store/apps/details?id=com.interactive_crypto.app
📱Iphone: https://itunes.apple.com/us/app/interactive-crypto/id1291765934?mt=8
🌟Highlights of the Interactivecrypto App🌟
✅ Crypto Coverage: Analysis on popular and most traded cryptocurrencies, such as: Bitcoin, Ethereum, Ethereum Classic, Litecoin, Ripple, Bitcoin Cash, Tronix, NEO, EOS, ZCash, DASH, Monero, Lisk, Binance Coin, IOTA, OmiseGo, NEM, Stellar and many other altcoin reviews.
✅ Historical Data and Charts: Unique platform with real-time charts to analyze crypto trends like a pro. Candlestick charts and market details for every altcoin.
✅ Price Alert Notifications: Keep track of significant price changes for your virtual currencies and digital assets. Set customized alerts and get automatically notified when the price of a certain Cryptocurrency crosses the set threshold.
✅ Watchlist: Create a watchlist and add unlimited coins. Easily follow and monitor all your assets and holdings, along with real-time detailed information on each altcoin.
✅ Hundreds of Cryptocurrencies: Track 100+ cryptocurrencies including: BTC, ETH, ETC, XRP, LTC, NEM, DASH, NEO, ZEC, XMR, BCH, LSK, IOTA, BNB, VEN, EOS and many more coins!
✅ Bitcoin News: Stay up to date with the latest Cryptocurrency and mining news. Read about the latest Bitcoin and Altcoin trends and reports. Receive daily technical coin analysis from our experts.
✅ Altcoin Reviews: Stay informed with the latest Crypto coin reviews.
✅ Compare 30+ Exchanges: Coinmama, Coinbase, Bitstamp, ANXPRO, HitBtc, BTC-E, BTCChina, Huobi, Kraken, ItBit, Bitbay, Cryptsy, Bter, Bitfinex, Clevercoin, Bitmarket, Gatecoin, QUOINE, Bittrex, BL3P (Bitonic), Poloniex, Bitcurex, EXMO, CEX.IO, Vaultoro and many more.
✅ Over 10 Languages: Our app is available in English, Francais , Deutsch, Italiano, Español, Portuguese, Türkçe, русский, العربية , فارسی, 日本の, 台湾, 日本語, 中文
submitted by pmoneycrypto to litecoinforbeginners [link] [comments]

I worked so hard on this app! But now its ready for my crypto loving friends! :)

Introducing Interactivecrypto, a complete cryptocurrency application for your smartphone and tablet. With easy to use tools to keep track of all your cryptocurrency investments. Get detailed price and market information for individual altcoins all in one place.
👀Visit our Website👀 https://www.interactivecrypto.com
🔻Download the App for Free! 🔻
📱Android: https://play.google.com/store/apps/details?id=com.interactive_crypto.app
📱Iphone: https://itunes.apple.com/us/app/interactive-crypto/id1291765934?mt=8
🌟Highlights of the Interactivecrypto App🌟
✅ Crypto Coverage: Analysis on popular and most traded cryptocurrencies, such as: Bitcoin, Ethereum, Ethereum Classic, Litecoin, Ripple, Bitcoin Cash, Tronix, NEO, EOS, ZCash, DASH, Monero, Lisk, Binance Coin, IOTA, OmiseGo, NEM, Stellar and many other altcoin reviews.
✅ Historical Data and Charts: Unique platform with real-time charts to analyze crypto trends like a pro. Candlestick charts and market details for every altcoin.
✅ Price Alert Notifications: Keep track of significant price changes for your virtual currencies and digital assets. Set customized alerts and get automatically notified when the price of a certain Cryptocurrency crosses the set threshold.
✅ Watchlist: Create a watchlist and add unlimited coins. Easily follow and monitor all your assets and holdings, along with real-time detailed information on each altcoin.
✅ Hundreds of Cryptocurrencies: Track 100+ cryptocurrencies including: BTC, ETH, ETC, XRP, LTC, NEM, DASH, NEO, ZEC, XMR, BCH, LSK, IOTA, BNB, VEN, EOS and many more coins!
✅ Bitcoin News: Stay up to date with the latest Cryptocurrency and mining news. Read about the latest Bitcoin and Altcoin trends and reports. Receive daily technical coin analysis from our experts.
✅ Altcoin Reviews: Stay informed with the latest Crypto coin reviews.
✅ Compare 30+ Exchanges: Coinmama, Coinbase, Bitstamp, ANXPRO, HitBtc, BTC-E, BTCChina, Huobi, Kraken, ItBit, Bitbay, Cryptsy, Bter, Bitfinex, Clevercoin, Bitmarket, Gatecoin, QUOINE, Bittrex, BL3P (Bitonic), Poloniex, Bitcurex, EXMO, CEX.IO, Vaultoro and many more.
✅ Over 10 Languages: Our app is available in English, Francais , Deutsch, Italiano, Español, Portuguese, Türkçe, русский, العربية , فارسی, 日本の, 台湾, 日本語, 中文
submitted by pmoneycrypto to Ripplexrp [link] [comments]

I worked so hard on this crypto app!

Introducing Interactivecrypto, a complete cryptocurrency application for your smartphone and tablet. With easy to use tools to keep track of all your cryptocurrency investments. Get detailed price and market information for individual altcoins all in one place.
👀Visit our Website👀 https://www.interactivecrypto.com
🔻Download the App for Free! 🔻
📱Android: https://play.google.com/store/apps/details?id=com.interactive_crypto.app
📱Iphone: https://itunes.apple.com/us/app/interactive-crypto/id1291765934?mt=8
🌟Highlights of the Interactivecrypto App🌟
✅ Crypto Coverage: Analysis on popular and most traded cryptocurrencies, such as: Bitcoin, Ethereum, Ethereum Classic, Litecoin, Ripple, Bitcoin Cash, Tronix, NEO, EOS, ZCash, DASH, Monero, Lisk, Binance Coin, IOTA, OmiseGo, NEM, Stellar and many other altcoin reviews.
✅ Historical Data and Charts: Unique platform with real-time charts to analyze crypto trends like a pro. Candlestick charts and market details for every altcoin.
✅ Price Alert Notifications: Keep track of significant price changes for your virtual currencies and digital assets. Set customized alerts and get automatically notified when the price of a certain Cryptocurrency crosses the set threshold.
✅ Watchlist: Create a watchlist and add unlimited coins. Easily follow and monitor all your assets and holdings, along with real-time detailed information on each altcoin.
✅ Hundreds of Cryptocurrencies: Track 100+ cryptocurrencies including: BTC, ETH, ETC, XRP, LTC, NEM, DASH, NEO, ZEC, XMR, BCH, LSK, IOTA, BNB, VEN, EOS and many more coins!
✅ Bitcoin News: Stay up to date with the latest Cryptocurrency and mining news. Read about the latest Bitcoin and Altcoin trends and reports. Receive daily technical coin analysis from our experts.
✅ Altcoin Reviews: Stay informed with the latest Crypto coin reviews.
✅ Compare 30+ Exchanges: Coinmama, Coinbase, Bitstamp, ANXPRO, HitBtc, BTC-E, BTCChina, Huobi, Kraken, ItBit, Bitbay, Cryptsy, Bter, Bitfinex, Clevercoin, Bitmarket, Gatecoin, QUOINE, Bittrex, BL3P (Bitonic), Poloniex, Bitcurex, EXMO, CEX.IO, Vaultoro and many more.
✅ Over 10 Languages: Our app is available in English, Francais , Deutsch, Italiano, Español, Portuguese, Türkçe, русский, العربية , فارسی, 日本の, 台湾, 日本語, 中文
submitted by pmoneycrypto to btc [link] [comments]

I worked so hard on this app! But now its ready for my crypto loving friends! :)

Introducing Interactivecrypto, a complete cryptocurrency application for your smartphone and tablet. With easy to use tools to keep track of all your cryptocurrency investments. Get detailed price and market information for individual altcoins all in one place.
👀Visit our Website👀 https://www.interactivecrypto.com
🔻Download the App for Free! 🔻
📱Android: https://play.google.com/store/apps/details?id=com.interactive_crypto.app
📱Iphone: https://itunes.apple.com/us/app/interactive-crypto/id1291765934?mt=8
🌟Highlights of the Interactivecrypto App🌟
✅ Crypto Coverage: Analysis on popular and most traded cryptocurrencies, such as: Bitcoin, Ethereum, Ethereum Classic, Litecoin, Ripple, Bitcoin Cash, Tronix, NEO, EOS, ZCash, DASH, Monero, Lisk, Binance Coin, IOTA, OmiseGo, NEM, Stellar and many other altcoin reviews.
✅ Historical Data and Charts: Unique platform with real-time charts to analyze crypto trends like a pro. Candlestick charts and market details for every altcoin.
✅ Price Alert Notifications: Keep track of significant price changes for your virtual currencies and digital assets. Set customized alerts and get automatically notified when the price of a certain Cryptocurrency crosses the set threshold.
✅ Watchlist: Create a watchlist and add unlimited coins. Easily follow and monitor all your assets and holdings, along with real-time detailed information on each altcoin.
✅ Hundreds of Cryptocurrencies: Track 100+ cryptocurrencies including: BTC, ETH, ETC, XRP, LTC, NEM, DASH, NEO, ZEC, XMR, BCH, LSK, IOTA, BNB, VEN, EOS and many more coins!
✅ Bitcoin News: Stay up to date with the latest Cryptocurrency and mining news. Read about the latest Bitcoin and Altcoin trends and reports. Receive daily technical coin analysis from our experts.
✅ Altcoin Reviews: Stay informed with the latest Crypto coin reviews.
✅ Compare 30+ Exchanges: Coinmama, Coinbase, Bitstamp, ANXPRO, HitBtc, BTC-E, BTCChina, Huobi, Kraken, ItBit, Bitbay, Cryptsy, Bter, Bitfinex, Clevercoin, Bitmarket, Gatecoin, QUOINE, Bittrex, BL3P (Bitonic), Poloniex, Bitcurex, EXMO, CEX.IO, Vaultoro and many more.
✅ Over 10 Languages: Our app is available in English, Francais , Deutsch, Italiano, Español, Portuguese, Türkçe, русский, العربية , فارسی, 日本の, 台湾, 日本語, 中文
submitted by pmoneycrypto to ethdev [link] [comments]

I worked so hard on this app! But now its ready for my crypto loving friends! :)

Introducing Interactivecrypto, a complete cryptocurrency application for your smartphone and tablet. With easy to use tools to keep track of all your cryptocurrency investments. Get detailed price and market information for individual altcoins all in one place.
👀Visit our Website👀 https://www.interactivecrypto.com
🔻Download the App for Free! 🔻
📱Android: https://play.google.com/store/apps/details?id=com.interactive_crypto.app
📱Iphone: https://itunes.apple.com/us/app/interactive-crypto/id1291765934?mt=8
🌟Highlights of the Interactivecrypto App🌟
✅ Crypto Coverage: Analysis on popular and most traded cryptocurrencies, such as: Bitcoin, Ethereum, Ethereum Classic, Litecoin, Ripple, Bitcoin Cash, Tronix, NEO, EOS, ZCash, DASH, Monero, Lisk, Binance Coin, IOTA, OmiseGo, NEM, Stellar and many other altcoin reviews.
✅ Historical Data and Charts: Unique platform with real-time charts to analyze crypto trends like a pro. Candlestick charts and market details for every altcoin.
✅ Price Alert Notifications: Keep track of significant price changes for your virtual currencies and digital assets. Set customized alerts and get automatically notified when the price of a certain Cryptocurrency crosses the set threshold.
✅ Watchlist: Create a watchlist and add unlimited coins. Easily follow and monitor all your assets and holdings, along with real-time detailed information on each altcoin.
✅ Hundreds of Cryptocurrencies: Track 100+ cryptocurrencies including: BTC, ETH, ETC, XRP, LTC, NEM, DASH, NEO, ZEC, XMR, BCH, LSK, IOTA, BNB, VEN, EOS and many more coins!
✅ Bitcoin News: Stay up to date with the latest Cryptocurrency and mining news. Read about the latest Bitcoin and Altcoin trends and reports. Receive daily technical coin analysis from our experts.
✅ Altcoin Reviews: Stay informed with the latest Crypto coin reviews.
✅ Compare 30+ Exchanges: Coinmama, Coinbase, Bitstamp, ANXPRO, HitBtc, BTC-E, BTCChina, Huobi, Kraken, ItBit, Bitbay, Cryptsy, Bter, Bitfinex, Clevercoin, Bitmarket, Gatecoin, QUOINE, Bittrex, BL3P (Bitonic), Poloniex, Bitcurex, EXMO, CEX.IO, Vaultoro and many more.
✅ Over 10 Languages: Our app is available in English, Francais , Deutsch, Italiano, Español, Portuguese, Türkçe, русский, العربية , فارسی, 日本の, 台湾, 日本語, 中文
submitted by pmoneycrypto to moneromarkets [link] [comments]

[META] I am still wondering why the prices are so high.

ALTHOUGH THIS HAS AN "ANGRY" TONE, I'D LIKE MY MIND TO BE CHANGED ON THIS, POSSIBLY WITH THE SAME "CYNICAL/SARCASTIC" TONE, not with a shitload of downvotes and with rich people yelling at me. I truly love the fact that we have exchanges built on trust, person to person. Dogemarket has been my only way of buying dogecoins and I'm starting trading just now. So:
Looking at the number of dislikes and likes in the comments of the [META] post explaining the prices, there is a clear tendecy of conserving the right to set whatever price big sellers want. You don't agree? Have a downvote, a "ignorant" label and kick out of the market. Llet me sell my shit at my own price. This is lobby behaving. In the risks list, include how much you made from selling dogecoin at at least 30% the market price. Let's say you actually get that bitcoin: 1 BTC today from justcoin is about 500€; yesterday almost the same (+10-) Go to cryptsy (I'd go to vircurex, but let's stick to your case) and trade it for: 366,789 doge (right now). How much are 360,000 doge? Right now 445€, make it 440 to make it round. So 60€ to go even: about 15% (1.41€) more of the price on the lot will break even. From there up it's all in your pocket. How much is 30% of the price more? It's 70€ on 1 BTC you bought. So let's see what's on the market... 500k at 2.5$/k, which is 50%, 50% more than the price 5hrs ago (when it was posted). Well we know our numbers. How much is in the pocket of the seller? We're in luck! 5 hrs ago the price was still about (20€ more 4 hours behind those 5 I considered and vox allows 2,3h BTC transactions) 500€/BTC and dogecoin was again at 270 satoshi. We'll keep numbers high, although it is probable OP bought at less than 240 satoshi. It brings us again at about 1.41€ to break even: 705€ for 502,000Ð or 1.356 BTC at 520€/BTC, 260satoshi/DOGE. Woop woop we have at least 900€ cashed in with that 35% more!. Meh, 200€ every 2 or 3 days (assuming this isn't daily) and you complain about losing say 500€ every month? Fuck me that's still 1900€ per month at the rhythm I supposed. I understand the risk of BTC is rising fast seen the shit is happening. But hey, there's still Litecoin and a lot of other ways to buy dogecoin. I could even buy from you at 30% and then then sell immediatly after at 50%. I have not taken in account the dogecoin price oscillation! If anybody bought dogecoins when they were under 200 satoshi and selling them now at 30% more the ACTUAL price... shit... What am I studying for?
One final thought. Not everybody loses stuff. There are merchants that have bad luck like you, but for the rest there is no excuse. Being this a free market, you can sell whatever you want at the price you want and if there is someone buying, you'll keep selling. I don't think sellers that keep selling are in red. Honestly, If I had enough money, I'd mine my dogecoins and sell them at 110% the current price. I hope I will find a solution to this. P.S. How can you guys think PayPal and Amazon don't notice all that money entering?!? P.P.S Why don't you cut your transactions in little pieces, say 10,000 doges at a time? P.P.P.S. I really hope you understand I am a simple shibe. So if I made terrible mistakes in my reasoning, point them out; I'll bow my head and keep my journey.
TL;DR the prices in here are high enough to get most of the times about 15% back of the initial investment, if not more. Being for a lot of people entering dogecoin culture the first place to look at, /dogemarket should point more at spreading doge than squeezing out money at 30/40/50% of the actual price.
Sources: https://www.cryptsy.com http://coinmill.com/EUR_XDG.html http://doge.yottabyte.nu/ https://www.bitcoin.de/en
EDIT: TL;DR, format Edit2: how can you downvote? I see no blue arrow... - RES, okay Edit3: please see smuttr answer and mine below his/hers for the proof of my TL;DR Edit4: I get it: free market. People pay what they pay. So wake up, paying people. Meh... I haven't written all this to complain. Who should I complain with anyway? And you people talk, with 74 upvotes on a post about someone who chose the wrong website to buy bitcoin. What's that called again? Actually this post was just an answer to this one: http://www.reddit.com/dogemarket/comments/1xlzd0/meta_if_youre_wondering_why_the_prices_here_are/ Because I felt it was a little unfair how the voting system was hiding people trying to dissent with OP. I also wanted to make a couple of calculations to understand where actually the money goes in a 150% actual price transaction.
Edit5, final edit: The conclusion to this is that whoever thinks the prices are too damn high and tries to QUESTION, not complain, question why is that so, can go buy somewhere else. I'm happy you folks helped me with this. At least buyers will now know who they are dealing with. I profoundly thank smuttr for changing my mind on what the base price to calculate one's profit margin should be. Although I don't consider the incapacity of finding better instruments of exchange an excuse to charge more. As far as I see now: -Miners ride the wave of prices. Can't really say much... coinwarz.com calculate the break even on the actual price of altcoins, so for miners selling here, it will arrive 30% faster. -Traders are bound to this formula (that doesn't consider about oscillations, problems, risk...) : Investment / {'['(' {[(Investment - Wire)/BTCcost]exchange fee} /DOGEcost ')exchange fee'] -1'} /1000 Which with, for example Anxpro (it's the only one I know about right now), quickly collapse to I / {[(I-W)/BTCc] /DOGEc} / 1000. As you see the only variables in this one are I and W and, numbers in hand, the % of W in respect to I is what weights on the initial premium. So: [(I-W)/I - 1] is a constant factor to be considered in every price, until there will be no cost in bank transfer. In my example below is 2% and I honestly think it doesn't go above 5-7%. This means I>=200$ and W=15$. For fun, The exchange fees are to be accounted as they are. So now we have the IW + exBTC + exDOGE. I refuse to take in account the movement fees because they are plain stupid.
REAL TL;DR from the prices you see, you should account that about 3% is a real cost.
submitted by HeartBalloon to dogemarket [link] [comments]

[Canada] - Exchange Experiences and Recommendations

Hi Everyone,
Having read the primer just posted here today about bitcoin I've decided to finally take the plunge.
Instead of purchasing a mining rig and a power supply and mining the coins myself I decided to explore my options for purchasing them outright. I know there are methods to purchase the coins directly:
https://bitsquare.io
But I'm looking to purchase from an exchange: So far I've come across the following:
Could anyone comment on any of the exchanges above and share either their positive or negative feedback? I'd love to hear about any other exchanges that accept CAD as well.
Thanks!
submitted by La_Tete to Bitcoin [link] [comments]

how to win bitsler 2017 Get Free Bitcoins Every 5 Minutes 3000 5000 Satosh How to get started with ANXPRO in 4 simple steps! Litecoin 100× best strategy bitsler Earn 1 bitcoin daily

Two sub-brands exist within ANX: ANXBTC.com – a user-friendly platform for general Bitcoin trading; ANXPRO.com – targets experienced crypto-currency traders. Trading on ANXBTC gets five stars. All crypto-currency deposits and withdrawals are processed instantly 24/7, while withdrawal to a Hong Kong based bank is processed within 1 business day and international bank wires – within 3-5 ... ANXPRO is a digital asset trading platform made by Hong Kong-based ANX International. Read our ANXPRO review today to find out everything you need to know. What Is ANXPRO? ANXPRO is a cryptocurrency and digital asset exchange platform. In addition to offering conventional exchange services, ANXPRO offers a popular ANX Bitcoin Debit Card, which lets you spend bitcoins at conventional retailers ... main menu. home; free btc faucet; earn free crypto; referral program; advertise here; get paid to promote us Title: ANXPRO Bitcoin Exchange. Last update was 44 days ago UPDATE NOW. This can take up to 60 seconds. Please wait... *HypeStat.com is not linking to, promoting or affiliated with anxpro.com in any way. Only publicly available statistics data are displayed. anxpro.com Traffic Summary. 1.4K daily visitors. Is this your site? Verify your site's metrics. Daily Unique Visitors: 1,361 Monthly ... anxpro, ANXPro, *, API. Pulls together list of crypto exchanges to interact with their API's in a uniform fashion. api crypto. A .Net Standard client for the ANXPRO cryptocurrency API. Deposit Bitcoin on ANXPRO; Deposit Fiat money on ANXPRO. To start, open the exchange site by clicking this link. Log-in using your registered account. how to.

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how to win bitsler 2017

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