The Bitcoin Thread

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etienne_marais said:
I Just transferred 0.01 Bitcoin from Luno to an exchange, withdraw cost freakin 7.5%. This is probably due to their dynamic fee structure which tries to minimize verification time.

Luno: If I am willing to wait longer it would be nice to have an option of a lower fee.
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The fees to transfer btc are not percentage based. It's an amount in btc which varies depending on the size of the mempool. Iirc Luno has a flat rate. So if you transfer a small amount it will land up being a higher percentage than if you transfer a large amount. Note also that fees will drop when segwit is activated.
 
Space said:
Which international exchange(s) do you suggest ?
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I'm quite comfortable with Bitfinex even though it had a bad hack a few years back (I actually lost a bit in that) but I'm going on the principle they're once bitten twice shy. People are quite passionately pro or con the different exchanges though. Bittrex is also quite good and has a lot of the more obscure cryptos.

BUT I only keep what I'm actively trading. The rest in private wallets. That way if the exchange collapses you won't get wiped out.
 
balky said:
The fees to transfer btc are not percentage based. It's an amount in btc which varies depending on the size of the mempool. Iirc Luno has a flat rate. So if you transfer a small amount it will land up being a higher percentage than if you transfer a large amount. Note also that fees will drop when segwit is activated.
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Thanks
 
BCH is climbing.

factors have led to a close profitability parity between both networks as bitcoin mining is currently only 2-6 percent more profitable to mine than bitcoin cash.
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- Article

If bitcoin miners switch over to bitcoin cash mining then the entire game can change.
 
etienne_marais said:
BCH is climbing.

- Article

If bitcoin miners switch over to bitcoin cash mining then the entire game can change.
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For those who haven't claimed their bitcoin cash, just remember that if you had bitcoin at the time of the split you have bitcoin cash as well and can claim it at any time now or in the future.
 
C4Cat said:
For those who haven't claimed their bitcoin cash, just remember that if you had bitcoin at the time of the split you have bitcoin cash as well and can claim it at any time now or in the future.
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Hodl it.
 
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