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101  Other / Politics & Society / Re: Negative effects of technology on: June 22, 2017, 03:24:18 PM
Well, one of the core ones and one that I hear from tons of family members is going to be that people are just less sociable in person in general. They'd rather be sitting their staring at a screen then talking to you, it's easier for them and that's all they seem to care for. They want to live in their own bubble and are kind of unaware of what's going on around them, all they know is what's spoonfed to them by the internet.
All technologies can have a negative impact. Like for example a car, if we are not wise in driving it we can endanger ourselves and others. Another example is a smartphone, sometimes we spend time playing a smartphone all day without doing anything useful. Negative impacts always arise if we do not use technology wisely.

This is something that happens to me, I use my phone as a procrastination tool and it kind of fucks with everything that I want to get done through the day because I'm simply just fucking around doing things that really just don't need to be done. Nothing you can do about that, it's just bound to happen.

Tech has done many things, good and bad but we're going to have to come to a realization of the good and the bad and see if it balances out. Personally, I do think the good outweighs the bad but who knows.
102  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: June 21, 2017, 11:52:05 PM
No one is able to give you the answer to that, that's going to be based on yourself and only yourself to be able to decide what's best for you and everyone in your life. Though the biggest thing I say right now is if you could live with throwing the money down the drain, then please do enter the world of cryptos because big losses can be incured in a couple seconds and there's nothing you can do about it. If you're fine with entering a bull market and praying that this bull market is going to last then yes it's a wonderful idea.
Holding bitcoin for a long period I think is a good way of making money. For example, people that were able to buy bitcoin when the market value of Bitcoin was $200 to $400 would make a lot of money if they are to sell at current bitcoin price of $2,450 currently. And am pretty sure the price of Bitcoin will still increase not minding what the outcome of 1st August, 2017 meeting.

This is like anything else dude, you can't use it as a reason. Yes if I bought APPLE FUCKING STOCK when it first went on ICO I'd be an insanely wealthy man now. But, THATS WITH ANYTHING GOLD, SILVER, AND SO ON AND SO FORTH.
103  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If you have now 500$ for invest? Where you invest? on: June 21, 2017, 11:08:27 PM
Even though this may go against a ton of people on this site, I would stray away from anyone that wants you to invest in Cryptos at the moment. I think it's a big bubble and the people that are just trying to get more and more involved with it are in one of two phases right now. The first one is that their a paid shill from one of the whales trying to get tons of people hyping up a certain coin or coins. Or is that they've invested money into a coin and want to get more and more involved to amplify their earnings.

I would go with something from Vanguard, or really any low cost index fund which is going to follow the US markets. These typically make around 7 percent a year and you should be set if you're adding money to it every so often, you just have to be good with it.Though if you really want to risk it, I'd rather have fun on a dice site than put money into one of these shitcoins.

104  Economy / Service Discussion / Re: Bitcoin Mixer for safety on: June 21, 2017, 09:28:29 PM
Complete copy of Bitmixer and is just going to try to steal whatever coins you throw at it, I think you're just a shill from the place even though you're asking if it's scam to be able to get them more people to see it and go on with it. If you are being serious though and do want want a mixer of your coins, you should go ahead and use one of the reputable companies that are on this site to be doing it, don't just trust some random casino or this or that.

Go with the shit that people have used for awhile, don't try to reinvent the fucking wheel you're just going to lose it all if you're doing something like that.
105  Economy / Economics / Re: could bitcoin be replaced by another crypto currency? on: June 21, 2017, 07:56:56 PM
Well based on the price of bitcoin today or this year it can't be replace by another cryptocurrency,, actually it can but it will take a decade just to replace bitcoin in its place, every time passes by the bitcoin price is increasing too meaning it is impossible but in other side it is possible too

Price is never going to lay any affect on people actually using the currency in the least, so that's something that you should simply just not care about at all. Price could just be made out of nothing, the only thing that's going to change the price is going to be the buyers and sellers wanting to use the currency. I could make a rando shit coin today and buy it for 10000 and then make the price start at an insanely high price.

Bitcoin isn't going to be replaced by another crypto though, this is simple because Bitcoin is going to be having everyone using it on a daily basis while all of these other cryptos are just having tons of trade volume and that's it. If we compared the amount of REAL usage in bitcoin and these other shitcoins it'd be one of the funniest things to see, as Bitcoin is being used while others are just trade shit coins.
106  Economy / Economics / Re: The future of the paper money on: June 21, 2017, 07:31:07 PM
I think paper money is going to last as long as the governments want them to last, if they want to and see it more profitable to start a digital currency to facilitate transactions online I think they'd do it for the betterment of themselves, and centralization they're not going to do it cause they're looking out for the people or anything along those lines. People may say that they would never work with a governments crypto, but you would, and you'd do it because the government would probably try to make it hard for you to use other currencies so you're kinda forced into it.

Governments hold a shit ton of power, and we kind of have to accept it or be run over by them in the process.
107  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: June 21, 2017, 07:00:29 PM
I don't think this will ever come to happen in the least, I just can't see a time where governments allow for bitcoin to takeover without a dying fight to make all of our lives hell through insane amounts of regulation (Like the ones present in NY right now) and other ones that are going to involve taxes, and reporting, and so on and so forth which could make this currency insanely hard to use if you want to be within the bounds of the law. I guess I'm not one of those people that's able to look for 'the moon' or the tons of other things that yall are able to see, but I'm more of a realest when it comes to stuff like this.

No, I don't think it will.
108  Bitcoin / Bitcoin Discussion / Re: Volatility - major reasons for ?! on: June 21, 2017, 06:22:12 PM
I think BTC has this volatility because of the whale and their pumps and dumps. It is a main source of income for those who still cash out in FIAT... imagine what will happen when people won't cash out BTC so quick... a greater value for sure!

Whale(s) are really going to be trying to takeover this entire currency to be using it as a HUGE source of income, we can see already how profitable they've been with it and how much they're really pulling out of Bitcoin. It's pretty insane to see the amount of trading that's occurring in Bitcoin and other Cryptos right now which are REALLY riding up the price.

The major reasons that I can see are going to have to be the people joining into BTC right now and thinking that they're going to be making a quick buck off of it, it's just like the roaring 20's when everyone in America was getting into different stocks because everything was going up and up. People were using leverage and loans and so on to amplify wins, little did they know the bubble had to pop at some point and everyone was left in the dust. I think the same sort of thing is going to happen with bitcoin, the only question we really have is WHEN?
109  Bitcoin / Bitcoin Discussion / Re: Years of Bitcoin, short version on: June 21, 2017, 05:32:41 PM
See for something like this to happen the governments are going to have to lose the battle of their currency against ours, I really don't think that's going to happen as the governments have an extensive amount of control over their own world. They could regulate us and tax us into oblivion in order to kill our moral and to stop us from progressing in pretty much every way, they could pretty much kill us if they want to. It's sad, but it's wildly true on what they can do.

Governments are not going to lose this battle, they have a lot more power then we think they do. They can ruin all of our lives, tax us, take away our assets, and so on and so forth.
Haha, you can add 2025 as the year when BTC will hit $100,000 - yes I believe it is possible, and do not forget it's been mentioned here first Smiley

Yeah, no this isn't going to happen. You know others have to be able to buy this currency at this point / price.
110  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: June 21, 2017, 05:00:04 PM
While I must agree with you on the front of that I'd rather be using Cash, these two are things that you're really unable to compare based on the usage of both of them. One of them is for in person usage and the other is a completely online currency which can be monitored with a block-chain, cash doesn't have this 'paper trail' or 'digital footprint' that is present within bitcoin. I may be one of the people to say well OH Cash is easier to use, WHILE that is true they don't even help the same sort of people.

One is going to help the people who want to do safe and secure TX's online, and the other is going to handle all the in person mediums. While Bitcoin would be able to handle cash's role, the congestion would be a bit too much for our network to be able to hold and work with.

Cash is better, in it's own ways.
111  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS WHERE INVESTORS WANT TO BE on: June 21, 2017, 04:32:18 PM
I`m wondering how many bitcoins does Jeremy Liew hold.
He is one of the major btc supporters,but is there a way for Shapchat to adopt bitcoin in the future?
The Snapchat service won`t be 100% free forever.
Anyway,i think that the political climate helps the cryptocurrency growth only a little bit and
bitcoin would grow even if everything is perfect in the world economy and politics.

Seriously fear about bitcoin's condition now. I don't know be happy to see the bitcoin price and adoption rate increasing or worry about providers are looting bitcoin making us paying high fees transaction. Now in LBC to deposit a bitcoin also we need to pay for it.

I wouldn't say that the adoption rate is increasing as well, I think it's more of the rapid price increase and the amount of money that's being pumped into BTC and other cryptos as part of this huge bubble that is bound to pop at some point. The price increasing is bound to happen in a bull market like we're in now, there's nothing we can say or do about it.

Investors want to be where-ever the gains are, and Bitcoin is where the gains are right now so that's ALSO BOUND to happen. Though, I do think a lot of investors are also looking for less volatility to if people aren't keen on opening themselves up to THIS MUCH RISK they're just not going to go with bitcoin.
112  Bitcoin / Bitcoin Discussion / Re: credit card bitcoins on: June 21, 2017, 03:07:38 PM
Personally, I would rather do something along the lines of just selling the Bitcoin and then paying off the Credit / Debit card with the money made from selling the bitcoins which you're probably going to be earning on a set schedule. I feel as if the current bitcoin cards are just going to get you into more fees and the volatility of the BITCOIN currency itself isn't going to help you when you want to make these transactions happen. I'd rather have the flexibility of a normal card and the reliability of a normal card which is going to be fine and even help you in the long run with helping you build up a credit score.
If I may ask, what is the advantage of using credit card bitcoins?Can it benefit us? Or just make us incur losses,With unstable bitcoin prices, seems to be making us a incur losses ,!
To be frank the only advantage of using credit card bitcoins is that it would be easier to spend because it is a credit card and many accepts it. It can benefit us because sometimes it is easier to convert bitcoin to fiat this way, but it discourages bitcoin adoption. The only losses you will incur with bitcoin credit card the normal loss you will have when market moves, and also some fees, nothing more.

It may discourage adoption of Bitcoin, but it does give people an incentive to use their bitcoin and allows them to use it. This changes it from their bitcoins just sitting around and not doing anything, so I guess it does help depending on the way you look at it.
113  Bitcoin / Bitcoin Discussion / Re: One of many reasons why I love bitcoin on: June 21, 2017, 02:11:50 PM
While I do understand your logic, this could've easily went the complete other way when it comes to the price change. If the price can go up this much, it can suffer losses like this as well so it's not like this is why Bitcoin is so amazing. I do understand the point that Bitcoin itself is a wonderful idea and I love the tech behind it and all but I just don't think I can beleive that the price can go up like this much and people can be fine with feeling ok about it. The volatility would be too much for me to overcome to be able to hold this currency in a long term matter.
The bestvisa reason i guessguess isit becuase of the increase price rate of the bitcoin in the market and also the bitcoinhas the fastest transaction in just a second high a little bit of high fees today but i guess it is not really bad because the bitcoin is also increasing.

Not true, Bitcoin TX's are insanely expensive and time consuming as well. Ever used a debit card? Or even a credit card?
114  Economy / Scam Accusations / Re: Minergate! SCAM on: June 21, 2017, 05:39:16 AM
I used to mine with Minergate and the company always seemed to be a reputable one, I think they even own the Changelly service which is pretty popular. I'd doubt they'd be scamming you with something like this, maybe they're just like the many other crypto companies right now that are bogged down in support tickets and are just being able to catch up now. I would think they're one of the many companies that are understaffed.

So I wouldn't think they're scam yet (thought with the past with cloudmining companies I would think that it's a high possibility) so maybe with opening them up to a public medium like this it'll force a response out of the company OR the right person will see it.
115  Bitcoin / Bitcoin Discussion / Re: Fast & Safe? on: June 21, 2017, 01:42:53 AM
Heres the thing, if you want FAST you're going to have to be using one of those online wallets that are easily used by people such as BitGo (Safer) Coinbase, Blockchain.info and so on and so forth. These are the ones that could be safe if you make them safer through some security means but they're not going to be the safest on the market. Safer ones such as hardware wallets like Trezor, or even deskptop wallets I feel as if are the safer things to use.

Getting a balance of FAST AND SAFE is insane and isn't going to be something you'll be able to find in an exchange as those are the ones that are most prone to all of these insane hacks. I'd simply just let that idea go away now if you're really thinking about using it, it's not going to work. IMO BitGo is the fastest and safest for normal usage though, may get a bit expensive with the BITGO fee which is there.
116  Bitcoin / Project Development / Re: Bitcointalk Account price estimator on: June 21, 2017, 12:13:46 AM
Anyone here that'd know how to compile this as the site is down and to use it? I'm not very familiar with GitHub and code and such but if I was provided just a couple things to download I think I'd be able to get this working without much. Just want to see when I'll be able to get promoted on the site itself hehe. Thanks in advance guys, I really appreciate it.
117  Bitcoin / Bitcoin Discussion / Re: How much risk in bitcoin investement ? on: June 16, 2017, 02:03:36 PM
It's going to be insanely risky to be investing in something like this, think about it for a moment. Bitcoin is a volatile currency that in the last few days lost about 1/3 of it's value. This is when it went down from $3000 per btc to around $2000. If that doesn't show you the risk, I don't know what will BUT I DO HAVE MORE EXAMPLES! Bitcoin can simply be fucked over by an exchange randomly going bellyup out of nowhere, these are the ones that claim to be "hacked" and then run away with customers funds.

So, very risky and I'd be very cautious if you're going to be getitng into a BTC investment. Altcoins are even more risky, btw.
118  Economy / Exchanges / Re: COINBASE now seizing accounts of Americans on: June 16, 2017, 01:42:23 PM
I don't think Coinbase is going to be doing this randomly without any sort of investigation on their part, that'd simply be dumb and without any bit of reason when it comes to the law. If they were to be doing this sort of stuff, they'd probably face a ton of lawsuits and more and more regulations from state/federal governments which I highly doubt they're going to want. I think the people that are coming out saying that their accounts have been closed have actually done something shady / downright illegal with the money on their.

It's coinbases duty to ensure that nothing illegal is occuring with the money that could be laundered through them so they're really just protecting themselves.
119  Bitcoin / Bitcoin Discussion / Re: BItcoin needs to die on: June 16, 2017, 12:19:04 AM
This is the one thing I don't get with people sometimes, like I get it the Bitcoin network is having some issues at the moment and such but I don't think that's going to lead to the death of an industry that still has BILLIONS of dollars in it. We're all not just going to go poof one day and that'll be it, theres a ton of money IN KEEPING this currency going, if it was to shut down / lose all its value a lot of people would be out of a lot of money.

Once all the network issues are fixed with Segwit / other solutions we're going to see Bitcoin thriving and being used on a daily basis / used more as the fee isn't as high as it was.
120  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should I sell all my bitcoin for ETH?? on: June 15, 2017, 11:48:29 PM
I wouldn't do it for a couple reasons, first I think that the people who created ETH are only simply using it to be able to make a ton of money off of it. With the price increases from more and more people 'believing in the tech' people are just going to dump the price at some point. This dump is going to come soon when people notice that the coin is simply a trade coin and nothing else, that's all that this coin is doing for people. Bitcoin at least, even with its faults, is still being used a currency and not like gold (WHICH ETH IS PRETTY MUCH RIGHT NOW)

So no, I wouldn't do it in the least.
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