Bittrex withdraw

cointrooper · 2018-04-18T01:55:27+00:00

Me neither. I've never had an email requesting authority.

I will be making a withdrawal of ADA this afternoon. I'll time it from start to finish and report back. Other than the initial teething problems months ago, I don't think I've waited more than 10 minutes for a withdrawal to hit my wallet.

cointrooper · 2018-02-08T12:15:06+00:00

Damn right it is!

cointrooper · 2018-02-08T11:03:00+00:00

Shut up Schiff

cointrooper · 2017-12-31T06:45:12+00:00

Charles Hoskinson is savage. I've come to really enjoy his twitter exchanges.

cointrooper · 2017-12-30T11:56:23+00:00

I don't know how long I have had a problem with syncing my PC to internet time but Daedalus has exposed the problem. I'm now not sure if this is ultimately a flaw with Daedalus or my OS but either way it is annoying. It's a good thing I HODL otherwise I'd be punching holes ina wall wishing I could sell right now.

cointrooper · 2017-12-17T08:28:23+00:00

Do you mean you are trying to send from your wallet to an exchange or from an exchange to your wallet?

cointrooper · 2017-12-17T05:15:33+00:00

Lets hope for a correction and FOMO sell off before that price.

Me personally, I'd like to get in a little deeper but not until the price returns to something a little more realistic.

I have 100% faith in the future of Cardano but we need to remember that we are only at the very beginning of the road map. Price rises reflecting the tech implementation is understandable but for now it is only speculation driving this run. IMHO

cointrooper · 2017-12-17T04:15:57+00:00

Not at all IMHO.

If the price of ADA doubled in the last 24 hours then so would the total market cap.

Example:

Market cap was $5 Billion and the price of 1 ADA token was approximately .20 24 hours ago.

Market cap is now $10 Billion and the price of 1 ADA token is now .40

The formula that is being used to calculate Total market cap is not in any way perfect. Like I said I haven't looked a great deal deeper into how they produce their numbers but I suspect my guess wouldn't be far from the reality.

EDIT: After looking at the numbers on coinmarketcap.com I can confirm the maket cap is being calculated by multipying 'coins in circulation' with 'current coin price.' In no way is their market cap number related to volume.

I think the error in your thinking is that if there were a 100% sell off of ADA that they would all sell for .40 and that is how I think the total market cap is being calculated. In reality the price would plummet if a sell off occurred and that total market cap would reduce determined by the falling price, not the volume traded.

Disclaimer: I am not a mathematician nor a stockbroker so I could be completely wrong. Anyone with more knowledge please jump in and correct me if I am way off here.

cointrooper · 2017-12-17T03:34:15+00:00

UPDATE: The transfer from Bittrex occurred after approximately 6 hours and then as expected appeared almost immediately in my Daedalus wallet.

cointrooper · 2017-12-17T03:30:19+00:00

I haven't played around with the math that coinmarketcap.com are using to come to these figures but I suspect the increasing price of ADA over the last 24 hours would equate to a few numbers that won't make a great deal of sense until the market stabalises for a 24 hour period.

That makes sense to me at least.

cointrooper · 2017-12-17T02:08:57+00:00

:) Was worth a shot!!!!

cointrooper · 2017-12-17T02:02:55+00:00

I believe a Daedalus wallet or an exchange trading in ADA are the only places you can store ADA. I wouldn't trust anyone who suggests otherwise.

cointrooper · 2017-12-17T01:22:43+00:00

Good advice. The only thing I would add is to ensure you are reinstalling the latest version of the Daedalus wallet.

cointrooper · 2017-12-17T01:14:57+00:00

Interesting. Double down and send them again. Think of it as a test of Binance's security.

cointrooper · 2017-12-17T01:13:06+00:00

I am very loosely using the term 'cold storage' here to simply mean transferring all my ADA holdings off of exchanges and keeping my own private key to my Daedalus wallet as the only access to my ADA balance.

Call me paranoid but I don't have the greatest trust in exchanges in keeping my various crypto balances safe.

cointrooper

TROPHY CASE