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101  Bitcoin / Bitcoin Discussion / Re: Why are you investing in Bitcoin? on: March 01, 2018, 11:59:35 AM
I put money into bitcoin, not only for profit. This is a new ideology for me. I support the idea of a free economy. The world is changing for the better. Bitcoin and other cryptocurrencies are our bridge to true democracy. I don't trust the existing banking system. Cryptocurrencies for me are banks and money together.
102  Bitcoin / Legal / Re: General use of bitcoin as a legal currency on: March 01, 2018, 10:57:06 AM
I've heard many of my companions say the bitcoin is the greatest invention in the decade.. But I wonder why every country don't accept this as a legal currency in their general transactions?
Money is needed not only to buy goods. You have a primitive notion of money. Fiat is part of the economy. With their help, banks lend to enterprises and develop the real sector of the economy. How to do this with bitcoins? Governments and bankers will do all they can to stop the advance of cryptocurrencies.
103  Economy / Speculation / Re: Will Bitcoin Hit $20K in few weeks time? on: March 01, 2018, 10:21:06 AM
Do we expect Bitcoin to have a big comeback after its downfall on January and early Feb?
Coz many expected it Will hit $20K when New Year was coming last year, but as we witnessed, it disappointed many hodlers and unestors with its unfaithful fall, but now we see this bouncing back, and hopefully it Will continue to do so.
No one can say what happen because as of now bitcoin it's so far to the price you said. I think by the end of the year it's happen but for now it's not,as we can see in markets some of alts is down too. But I believe that bitcoin increase again hopefully in the next few months.
I don't see any sign of a downtrend. Bitcoin is slowly but surely moving up. I am almost sure that the price of 20-25K dollars will be in early may. Bitcoin can easily overcome 1-2K per day. If in the near future will be announced the introduction of segwit2x price will grow for one week.
104  Economy / Speculation / Re: BTC PUSHES PAST $ 10K on: March 01, 2018, 09:58:25 AM
over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?
I think we got to the saturation point "10,000$ for 1 bitcoin". The Bitcoin trading market has imposed this point since the last correction/ crashing.
We will see the price of the Bitcoin swinging up and down over this point "lower price 8000$ and upper price 12,000$".
The fast-profit fever of Bitcoin and the news like that which gives the market a fake rose has ended.
Bitcoin needs things like the lightning Network [LN] to return to insane heights
I'm sure bitcoin will continue to grow throughout the year. 12000 this is not the limit. I do not see signs of recovery in the world economy. This means that the capital will look for a safe place. Whales buying coins from the time of the fall. They will definitely sell their bitcoins for $ 25,000+. This will trigger the next candle.
105  Economy / Economics / Re: There's a new economy growing on this forum - Merit on: February 28, 2018, 11:32:27 AM
Users are not encouraged to give a stamp of merit. This will lead to the fact that any quality of posts does not guarantee an increase in the rank of the account. The trust system will not protect the forum from spam. This can only be done by company managers who will not accept spammers.
106  Economy / Speculation / Re: What would be the signs a big dip is coming on: February 28, 2018, 11:23:45 AM
The behavior of the cryptocurrency has no templates. No one can predict the behavior of prices. Trading cryptocurrencies are not governing factors. Simultaneous actions of whales can change the behavior of the market in any direction. The success of the cryptocurrency market is more dependent on luck.
107  Bitcoin / Press / Re: [2018-02-28] Coinbase is Sending 13,000 Customer Records Over to the IRS on: February 28, 2018, 11:16:48 AM
I never trusted Coinbase. Perhaps this will provoke an outflow of capital from this service. But they don't interest me. I'm more interested in the fact that a change in the rules of the game. What Coinbase shows as its victory is actually a defeat. That 13,000 accounts aren't people? They could have put their accounts on another service.
108  Bitcoin / Legal / Re: Why Banks are attacking Bitcoin ? on: February 28, 2018, 10:59:15 AM
Banks lose their customers. They can't compete with cryptocurrency. But the worst part is that governments are allies of banks. Therefore, we see that the conditions for the exchange of cryptocurrencies for Fiat are constantly complicated and additional restrictions are introduced.
109  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin Transaction fee is too high ? on: February 28, 2018, 10:52:43 AM
I noticed that transaction fee for below $50 Bitcoin is higher that its core amount? what is the reason ?
The current transaction fee for the bitcoin transaction is 1sat/byte .

Do you think it is an high amount, Angry

Or you may not send the bitcoin in the recent days because the fee was almost becoming very cheaper since the memepool was empty so try to send bitcoin now if you still has high fee then change you wallet first.

I think so, transaction fees were high but they have dropped. Try to send again.

I tried it. It cost 20$ for sending 30$.
The problem is that bitcoin is not designed to send small amounts. The price for the transaction of 0.001 btc. When you send 0.1 btc it is not much. When you send 1 btc it is not noticeable to you. Bitcoin is the currency of the elite. It can't be used as Fiat right now. I recommend that you withdraw a large amount to the stock exchange and exchange btc to Fiat. In this case, transaction costs will be lower.
110  Economy / Services / Re: Decent Signature Campaign on: February 27, 2018, 04:11:20 PM
Btctalk name: matuson
Rank: Sr Member
Current post count: 749
BTC Address: 36TeFLUM41JJ45oGJbvqNT7kdfdMcs2oYs
Wear appropriate signature: yes
Wear avatar: yes
111  Economy / Economics / Re: What caused the Industrial Revolution? on: February 20, 2018, 10:54:59 AM
Although there are many factors at play in causing the Industrial Revolution, the economic answer to this question has yet to be sussed out. However, no event has a single cause — the Civil War was not wholly caused by slavery and World War I was not wholly caused by the assassination of Archduke Ferdinand.
This is a very primitive idea. Prerequisites for war were and they are not connected in any way with slavery. With the help of war, States destroy their competitors who are developing rapidly and can push them from Olympus. Killing the Duke is only a formal reason. If it wasn't for this murder, it would be different. The reason is the economy.
112  Other / Politics & Society / Re: The first cryptocurrency, like the first car? on: February 12, 2018, 10:26:35 AM
The car is not going to change your life. You can move faster and more comfortably. That's all a car can give you. Cryptocurrencies are much more. They are able to change the lives of all people. You do not need to learn to use cryptocurrencies. They need to be understood and accepted. Even if you do not now they will find a way to your consciousness in the future.
113  Bitcoin / Bitcoin Discussion / Re: BTC ETH NEO LTC or IOTA ? on: February 02, 2018, 04:34:29 PM
Each currency has a right to exist. But we see that bitcoin pulls down all cryptocurrencies. We will not see rising prices until the bitcoin will be at the bottom. So I think it's better to bet now bitcoin. It needs to go up first. After the stabilization of the market can be a conscious choice.
114  Bitcoin / Press / Re: [2018-02-02] UNICEF Allows Gamers to Mine for Children in Syria on: February 02, 2018, 04:26:40 PM
I don't agree with you. Not all of the funds are the same. UNICEF cannot stop the war but it tries to help those affected.

The idea itself is touching, but the thing with all these charities doing their work (at least, we hope they do) on distance is that we can't see where our money is being put to work. I seriously don't have problems with donating money from time to time, but not if I can't see what the charity in question is doing with my money. The thing is that there have been so many negative examples in the past, where the top members of a larger charity have been paying themselves more than $100,000 in salary, plus a luxury car because they think it suits them well when doing their job. Roll Eyes Another thing to put into perspective is that a large percentage of our donations is being pumped into more marketing. It's more like a business structure than an actual charity it seems. Not very convincing for potential donators.
More touching than the idea the less people think about what money can be spent inefficiently. I often see TV reports about the activities of the various funds, but have never met people who I would have confirmed the effectiveness of these funds. Anyone else see the effect of the existence of the UN? Would be better if the money used for economic development of underdeveloped countries.
115  Bitcoin / Legal / Re: Dedicated hearing from SEC on February 6, 2018 on: February 02, 2018, 04:15:24 PM
I have a different opinion. Bitcoin attracted people so that the government does not regulate its turnover. People who used bitcoin could feel in relative anonymity. I do not believe that the legalization of bitcoin can attract investors. I think that the reason for the rapid fall in prices is that investors are losing hope that bitcoin will solve the problem with the transaction and coordinated the actions of speculators.
116  Bitcoin / Legal / Re: Anyone claiming a loss on their taxes? on: February 02, 2018, 04:00:00 PM
I'm not from America. In my country the right to claim damages are only legal entities. They are the extended accounts. So they have the opportunity. All physical persons submit a simplified Declaration of income for the year. There are no data from the previous periods. So nobody has the opportunity to have beginning-of-year negative income.
117  Alternate cryptocurrencies / Altcoin Discussion / Re: Do u follow what politicians say about cryptocurrency? on: January 31, 2018, 04:54:23 PM
I don't follow the messages of politicians and bankers. I know all of their abstracts in advance. Bankers always talk about what a cryptocurrency is evil. Politicians make ambiguous statements depending on the situation. In the end the truth in their statements there. For me there is only one indicator. This is an opportunity to earn and sell bitcoins today and tomorrow. For every government action there is always the possibility of resistance.
118  Economy / Speculation / Re: Bitcoin could loose 90% of its value on: January 31, 2018, 04:45:02 PM
Experts predicting the end of bitcoin is a lot. Such predictions appear every day. How many of them have worked so far? Besides, such a situation is indeed possible at least theoretically.
No one knows how much experts earn for such predictions. In this game, at stake are big money. The whales can buy all the experts and media. But for me it is not a reason to sell my coins. I don't believe anyone. Each of us has independently made its choice in favor of bitcoin. Why should we listen to the opinion of experts bought.
119  Economy / Speculation / Re: Apocalypse BTC! How low will it go? on: January 31, 2018, 04:38:52 PM
In the past year, bitcoin has also dropped to $ 9,000 after that, the price rose to $ 20,000. Maybe the same will happen again this year? It seems to me that the real price of bitcoin 9-10K. everything else is speculative. This means that the price will not fall below this limit. We are at the bottom. Now is not the time to sell the coins because at any moment can turn on the pump.
120  Economy / Speculation / Re: Dont panic on: January 31, 2018, 04:32:48 PM
It is interesting to observe from the outside. All say that it makes no sense to panic but the panic in the market does not subside. Who panics if advise all not to panic? It seems to me that the panic is a self-cleaning system of bitcoin. After the panic remain the only true supporters of bitcoin. Then the price will go up and the situation will repeat again.
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