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1041  Economy / Speculation / Re: bitcoin worth it or not? on: January 05, 2018, 01:20:01 AM
Hi guys!
iam kind of noob of this bitcoins and i have some questions i need to have answer on.
is it worth to invest right now? do guys think its gonna rise up much more or just crash?
should i buy btc, or just mine it by my self?

best regards
Bitcoin is worth investing because it is very valuable today. If bitcoin is not worth investing nobody will be investing their money into it. And i think the best and easiest way get bitcoin is through buying on the exchange sites such as Luno.com or Coinbase.com because mining bitcoin is not that easy, my friend. try to register an account on either exchanges and buy your bitcoin that would be more easier for you. good luck.
1042  Bitcoin / Bitcoin Discussion / Re: Does Social Media Influence bitcoin growth? on: January 05, 2018, 01:10:55 AM
Does Social Media Influence bitcoin growth?
Yes social media influence the growth of Bitcoin because some people uses social media often and also now all information is now base on social media . Social media also spreads news and information widely and rapidly so that Bitcoin will grow more because of social medias influence in people. So social media is a big factor for Bitcoins growth. But it doesnt mean that all information that we get in social is always positive or help Bitcoin reputation and growth.
Of course, Social media contributes a lot in promoting bitcoin and cryptocurrency. Many people are now on social media, using social media you can connect with many people almost everyone you know. Many people know about bitcoin and cryptocurrency because of social media, without social media they'll never hear a word about bitcoin or cryptocurrencies.
1043  Bitcoin / Bitcoin Discussion / Re: Too late to invest in cryptos if you're old? on: January 05, 2018, 01:03:28 AM
What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?
No. it is never too late for any kind of person at any age or condition if he/she knows what they are doing. Cryptocurrency world doesn't have an age limit for the people than can invest. Anyone can do it from 8 years old kid to a 100 years old man or woman.
1044  Bitcoin / Bitcoin Discussion / Re: Сryptocurrency Phobia - new social phenomenon on: January 05, 2018, 12:59:27 AM
You guys should read some comments by well known economists and financial advisors and many of them will have 3 things in common. I should say almost all of them have this things in common and those things are:
-they are or have worked for a big bank
-they are usually in their 60s or older
-they are comparing BTC either to stocks or a fiat currency

They don't understand that it's something different. To them everything has to fall into a well established category. There can't be a new thing. A thing that creates a category of its own. This is the fallacy of old men. If you have been doing the same thing for 40 or 50 years and someone shows you that it can be done differently you take a defensive stance, even though you could agree with that new way somehow inside you think they'll laugh at you. Say you were wrong to support the established order without questioning it or trying to improve it.

That's an interesting point.

So here we can highlight three categories of people with negative attitude, based on their Сryptocurrency experience:
- no experience, whose vision based mostly on rumors;
- bad experience, those who previously failed in Сryptocurrency investments;
- outdated experience, that comes from traditional economical and financial concepts.
Calling them outdated would be wrong. Don't forget many experts predicted mortgage bubble in 2003 but it didn't burst till 2008. Bubble stay longer than expected.

This growth in bitcoin is not natural. How can a technology be a store of value? Market is running irrationally right now. Coins with actual utility are being dumped.There is no better proof of a market in peak irrationality when coins like emc2 got a Mcap of $500million while Ven,  power,  CVC are at half of it. No TA is working. Just a FUD or rumor can play with price. If bitcoin doesn't get stable soon or have a correction, it can be scary imho.
They are just bunch of losers that is all. I don't really like to waste my time and energy on negative things or negative people. Negative people are the ones creating and spreading rumors. all i see in cryptocurrency is it has so much potential and big role to play in the future. So, why should bother myself with what other people are saying? I just don't have the time of that, period! Let then say whatever they wanna say nobody is listening. 
1045  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: January 05, 2018, 12:43:45 AM
Yeah, cloud mining and lending bitcoin on platforms such as bitconnect are the best ways of getting bitcoin these days. Cloud mining is like never before because the price of bitcoin and altcoins skyrocketed. Not long ago, mining was a big waste of time but currently there is nothing more profitable like it as a result cryptocurrency market boom!   
1046  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: January 05, 2018, 12:38:04 AM
Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
People prefer bitcoin over fiat because bitcoin is a digital currency that is fast, secure, decentralized and acceptable worldwide. When you hold a bitcoin it adds more value over time unlike the fiat currency. when you save fiat currency in your bank account you can only get small interest while with bitcoin may even double your money in the same period. 
1047  Bitcoin / Bitcoin Discussion / Re: Can bitcoin survive? on: January 05, 2018, 12:28:35 AM
After there is a BCC can the bitcoin survive or bitcoin will be much more up the price after this
What do you think about this?
I believe by now you have witness the survival of bitcoin. Bitcoin is now stronger and more valuable than it ever was because of the Bitcoin Cash hard fork. The only issue with bitcoin currently is transaction problem which the "Lightning Network" will soon solve it and bitcoin will continue shooting into the sky.   
1048  Bitcoin / Bitcoin Discussion / Re: How to Make Money in Crypto on: January 05, 2018, 12:24:06 AM
Good day as I am new to the crypto world What is really the way to make $ in in crypto ? such as Bitcoin or other coins?

I understand as i have some invested. in my wallets the values go up and down, so you can cash out or sell when value up?

do you just buy and sell currency as the markets move up and down? or what other ways to make $ with crypto?
do you transfer bitcoin over to other websites etc?

or what should i be focusing on? thanks

just like to know what all the experts do?
There are several ways to make money in cryptocurrency ecosystem which are:

1. Investing into a legitimate ICOs
2. Trading bitcoin with altcoins
3. Lending bitcoin on exchanges
4. Bitcoin and altcoin mining
5. Working on a campaign

There are few ways that i can listed today.
1049  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Future of altcoins without Bitcoin on: January 05, 2018, 12:18:01 AM
Bitcoin is a king of cryptocurrencies market. thus, whenever there is increase in value of bitcoin so does the rest of the market and if bitcoin price started to fall so does the altcoins. Many people in the market depend on bitcoin price to make their decisions. once the bitcoin price is falling they'll immediately cash out to avoid losing money and wait for the time when bitcoin will balance and then put their money back into the market.
1050  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin digital gold or digital cash? on: January 05, 2018, 12:11:40 AM
Bitcoin is both a digital currency and a store of value too. Bitcoin can be use to as a currency to send payment from one person to another. And also bitcoin can be stored of as commodity for long-term for the value appreciate and then sell it later for profits like gold.
1051  Economy / Speculation / Re: Right time to buy bitcoin on: January 05, 2018, 12:06:36 AM
At this time bitcoin price is very dumping.I think it's time to buy bitcoin.Do you think, this is the right time to buy bitcoin or wait few days.Please tell me?
Of course, the bitcoin price is down at the moment selling between $14k - $15k today, that is what makes it important to buy bitcoin at this time. Last month December 2017 bitcoin was selling up to $20k. I see this as an opportunity for people who wants to buy bitcoin to buy it at cheaper rate. 
1052  Bitcoin / Press / [2018-01-04] Stop Focusing on Bitcoin Price - Former Clinton Advisor on: January 04, 2018, 11:48:56 PM
Stop Focusing on Bitcoin Price - Former Clinton Advisor



Due to the amazing growth in value, Bitcoin has forced its way into the minds of regular people all around the world, even though it has been in existence since 2009. Steady growth in value led to widespread coverage by mainstream media, with a highlight on Bitcoin price.

Some governments and banks wanted nothing to do with it, while a number of stock analysts and financial institutions recognized the growth and set about establishing themselves in the expanding market.

Nevertheless, the preeminent cryptocurrency is still the largest by individual market capitalization, but look back nine years and its value in comparison to the dollar was not even considered.


Pizza and Bitcoin price

It boggles the mind to think that in 2010, Programmer Laszlo Hanyecz ordered two pizzas with 10,000 Bitcoin in what has been immortalized as Bitcoin Pizza Day.

This is a prime example of how the perception of Bitcoin has changed over the years, alongside its value.

Co-founder of equity firm Silver Lake Partners Glenn Hutchins is no stranger to economic policy, having served as an advisor to the Clinton Administration in the early 1990s. His firm has holdings in a number of technology companies like data storage giants Seagate.

With a wealth of knowledge in both the technology and financial world, Hutchins insists that people around the world have become fixated on Bitcoin price, instead of its underlying technology.

Speaking to Financial Times, Hutchins says investors need to look at companies that are moving forward in the IT space, looking to develop Blockchain technology.

    “It’s the biggest opportunity I’ve seen because the two most important things are business information and value. We can now move information around the world at the speed of light at no cost. Why can’t we do that with value in the future?”


Staying clear of FX trading

The hype around Bitcoin in 2017 saw a massive influx of users trying to get in on the appreciating price of the cryptocurrency. While this had an direct effect on Bitcoin price, many investors bought the cryptocurrency with little or no understanding of the underlying technology and its history.

Prices soared but that may be attributable to the exposure Bitcoin got in mainstream news, as Google’s search statistics showed at the end of the year. It’s likely that most people were buying Bitcoin to trade, as opposed to a long-term investment in the cryptocurrency.

A proven businessman with stakes in many companies, Hutchins believes that his investments in companies using Blockchain technology in innovative ways have far more potential to yield financial benefits while driving the development of new payment methods.

“It’s like every cognizable company that was coming up in the Bitcoin world I got a chance to look at and understand. What I’ve done in my mainstream career is invest in companies that use technology for a competitive advantage. That’s what I’m thinking about; I want to make sure I understand how that happens.”

“I’m the guy who’s thinking about building companies. Not much speculating in currency.”


Source: https://cointelegraph.com/news/stop-focusing-on-bitcoin-price-former-clinton-advisor
1053  Bitcoin / Press / [2018-01-04] Happy Birthday Bitcoin, and Don’t Forget About Cypherpunks - Keiser on: January 04, 2018, 11:43:18 PM
Happy Birthday Bitcoin, and Don’t Forget About Cypherpunks - Keiser



If 2017 has taught us anything, it’s that the price of a commodity has a massive influence on how the world values it.

As Bitcoin entered a phenomenal bull run in November, it was almost impossible not to get caught up in the hype of the ever-growing value of the cryptocurrency. The price continued to rise, breaking barrier after barrier with no consideration of naysayers or well-wishers.

But as history will forever tell us, a $20,000 high was the tipping point and Bitcoin and most of the cryptocurrency market endured a heavy price correction in the lead up to Christmas.

Some people made a lot of money while others lost out in the eventual correction. However the financial success of Bitcoin has somewhat taken away from the 40-year journey towards its inception.


Happy birthday Bitcoin

Bitcoin celebrated it’s ninth birthday on Jan. 4 - marking another milestone since the original genesis block was mined in 2009.

Bitcoin’s birth is credited to its creator Satoshi Nakamoto, but the development of Bitcoin goes back as far as the 1970s. The cypherpunk movement deserves as much credit as Satoshi for laying down the foundational development of cryptography.

Speaking on RT’s Keiser Report, show host Max Keiser says people would be wise to research the history of cypherpunks before they invest in Bitcoin:

    “The Satoshi whitepaper describes Bitcoin as system for the transmission of digital cash, which sets most enquiries into this to a skewed path because they’re looking at it in one use case - the payments-use case.”

    “This leads us to ignore the entire history of the entire movement and ignore everything else Bitcoin can possibly do, including obvious references to gold as mentioned in the whitepaper. Store of value has always been key to this thing.”


Privacy birthed Bitcoin


Cryptography was originally developed by governmental agencies and the military in the late 70s before data-encryption technology was released to the public. It wasn’t until the early 1990s that the cypherpunk movement was officially founded by Eric Hughes, Tim May and John Gilmore.

As Keiser points out, the publication of previously classified knowledge and developments in encryption technology had a big impact on the ability of cypherpunks to improve the technology:

    “Getting into how we got to the genesis block. The idea of having private messages sent electronically required advances in technology and at some point, the government’s work in creating encryption released, set out into the wild.”

The term cypherpunk would only be immortalized in the Oxford Dictionary in 2006, but the movement was founded on the notion that cryptography and privacy technology would bring about societal change.

Without those original developers, the encryption technology and protocols would not have been set in place.

Satoshi even credited the work of Dr. Adam Back, creator of anti-spam technology HashCash, as well as b-money creator Wei Dai in the original Bitcoin whitepaper. Keiser said Bitcoin would not exist in its current form without all of this work:

    “Bitcoin was not born in a vacuum, it has 40 years of history to it. It’s evolved through all these different technologies, it’s a unique protocol and like gold, it’s attracting a huge amount of capital.”

    “Genesis is about privacy and the ability to protect that electronically, ending up where we are today. The cypherpunk movement is the genesis movement. No one should buy Bitcoin without studying the cypherpunks.”


Source: https://cointelegraph.com/news/happy-birthday-bitcoin-and-dont-forget-about-cypherpunks-keiser
1054  Bitcoin / Press / [2018-01-04] Two New Hardware Bugs Affect Most Devices, Private Keys Vulnerable on: January 04, 2018, 11:40:34 PM
Two New Hardware Bugs Affect Most Devices, Private Keys Vulnerable



Researchers have published a report on two hardware bugs that allow programs to steal sensitive data on affected devices, which is “most” devices worldwide.

For crypto users, these bugs are a direct threat to the security of their private keys, making the need for secure hardware storage of crypto funds even more pressing.


How do the bugs work?


The two bugs, known as Meltdown and Spectre, exploit security vulnerabilities in Intel, AMD, and ARM processors in any device, including PCs, laptops, tablets, and smartphones.

Meltdown affects all devices with Intel chips, which are estimated to be in 90% of all computers (desktop and laptop combined), the BBC reported.

Spectre potentially has an even wider reach, affecting Intel, ARM, and AMD chips in any kind of device. Meltdown and Spectre also work in the cloud.

The BBC also reported that the tech industry kept the threat a secret for up to six months via non-disclosure agreements, but now fears are mounting that public awareness could lead to real-life exploits.


Protecting your funds


Bitcoin core developer Jonas Schnelli referred to the newly reported security flaws in terms of how they affect Bitcoin users, laying out three steps to secure cryptocurrency holdings:

    The current privileged memory side channel attacks just confirms what many Bitcoin users already "know" (feel):

    * Don't trust your PC.
    * Don't think applications (and private keys) are shielded
    * Use a hardware wallet

    Background:https://t.co/0avUWC44oyhttps://t.co/pw0cLDWyZe
    — Jonas Schnelli (@_jonasschnelli_) January 4, 2018

Pavol Rusnak, the CTO of TREZOR manufacturer SatoshiLabs, tweeted Jan. 4 to confirm that its devices are unaffected by Meltdown and Spectre, noting:

    “Using a (hardware) wallet is now more important than ever.”

    As more people are asking: @TREZOR is not vulnerable to recent Meltdown and Spectre hardware attacks, because it has processor not affected by these. Also our firmware is always signed, so the device never runs untrusted code. Using a hw wallet is now more important than ever!
    — Pavol Rusnak (@pavolrusnak) January 4, 2018

In October 2017, the Ledger Nano S hardware wallet was number eight in the list of top ten best selling items on Amazon’s Computers and Accessories section. Today, Jan.4, the Ledger Nano S is number one.


Source: https://cointelegraph.com/news/two-new-hardware-bugs-affect-most-devices-private-keys-vulnerable
1055  Alternate cryptocurrencies / Altcoin Discussion / [2018-01-04] TRON Breaks Into Top 10 Cryptocurrencies, Displaces Dash on: January 04, 2018, 11:30:17 PM
TRON Breaks Into Top 10 Cryptocurrencies, Displaces Dash



On the morning of Jan. 4, the cryptocurrency TRON (TRX) posted 136 percent growth, becoming the 9th largest cryptocurrency by market capitalization, and pushing Dash to 11th place.

The altcoin has been on a bullish trend since mid-December, growing well over 2,000 percent since then. In the first week of 2018 alone, the coin has seen almost 300 percent growth. TRON hit $0.20 earlier today, and is currently trading at an average of $0.17, with a market cap of $12.4 bln at press time.




What is TRON?

TRON markets itself as a Blockchain-based protocol for the entertainment industry -- a platform for content distribution in which TRON’s native token, TRX, is circulated. The project ran an ICO in early September, hitting their fundraising goal of $70 mln. TRX has been trading since mid-September.


Teasing tweets

In the past few days, the founder and CEO of TRON, Justin Sun, has posted a couple of tantalizing tweets that hint at upcoming partnerships, without disclosing any names or details.

On Jan. 2, Sun tweeted about potential partnerships with “giant companies”, noting boldly “We will be huge soon!”.

    More partnerships are coming! Even #NASDAQ listed companies and the giant companies with more than 100 million users started to contact us for partnership. We will be huge soon! #TRON #TRX $TRX
    — Justin Sun (@justinsuntron) January 2, 2018

Early morning Jan. 4, Sun followed up with a second teaser tweet about an upcoming “prestigious” partnership to be announced next week.

    We will announce our partnership with a very prestigious public listed company next week. Looking forward to it!
    — Justin Sun (@justinsuntron) January 4, 2018

On Dec. 31, Sun predicted that his project’s cryptocurrency would break into the top ten in 2018, a feat it managed to accomplish in just the first four days of the year.

    Top 20 Cryptos in 2017. #TRON will be Top 10 in 2018. #TRX $TRX pic.twitter.com/tayOXWFzr2
    — Justin Sun (@justinsuntron) December 31, 2017


Source: https://cointelegraph.com/news/tron-breaks-into-top-10-cryptocurrencies-displaces-dash
1056  Bitcoin / Bitcoin Discussion / Re: Converting BTC to real money on: January 04, 2018, 04:29:17 PM
How do you conver BTC into physical money share your ideas because I just got into a campaign and I dont know how. Thank you in advance.
converting bitcoin into "real currency" is not rocket science. in fact, it is very easy as simple as blink of an eye. I normally use Luno.com to convert bitcoin or ethereum to my local currency and also use Kraken.com to convert bitcoin and altcoin to USD. The best way to do so is by registering an account on either platform and verify your personal details. Once they verified account you are free to add your bank account information with desired withdrawal currency. Thus, whenever you want to withdraw some money out of your bitcoins you just have to clink on Bank Withdrawal tab, and select the bank you want to withdraw money to.     
1057  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: January 04, 2018, 04:17:31 PM
Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
I think people should use bitcoin because it is fast, secure, decentralized and acceptable worldwide. Bitcoin is not owned or controlled by any government, it is the first free currency ever to be made.
1058  Bitcoin / Bitcoin Discussion / Re: Are you surprise by bitcoin price now? on: January 04, 2018, 04:15:21 PM
I am more beyond surprised i am shocked actually. Because my plan was to hold some strong altcoins first and after i collect my profit from them i was going to buy some bitcoin with them but today i am really shocked and sad about not to buy bitcoin first.
So many people were surprised with bitcoin price in the early November 2017 because of the level where bitcoin price reached. And I think we are about witness another surprise with the bitcoin price in either February or March this year 2018. Once the bitcoin lightning network is fully implemented, the bitcoin price will continue it journey from where it stopped heading to the moon. Bitcoin price is down currently because of three things; the market correction (started recovering fast), the high transaction fee, and slow transaction speed. Once the lightning network is implemented it will speed up the bitcoin transaction speed with zero fee. With Lightning network bitcoin is heading back to the moon.     
1059  Bitcoin / Bitcoin Discussion / Re: How do you loss you Bitcoin while investing altcoin? on: January 04, 2018, 03:46:43 PM
How do you loss you Bitcoin while investing altcoin?
I want to get more bitcoin, so i use some of my bitcoin buy altcoin. but i always make wrong decison.
I hope you guys can give me some pieces of advise.
There are two ways you might get involved yourself in to such issues

1. Investing your bitcoins into scam ICO and the developers runway with your bitcoins e.g. Confido
2. Buying altcoin at higher price and later the price drops next to nothing e.g. STOX  (Some guys bought it at $2.5 and currently selling at $0.5)
1060  Bitcoin / Bitcoin Discussion / Re: Great way to make Bitcoin! on: January 04, 2018, 03:26:39 PM
Anything other than signature campaigns and gambling.
A bit saved is a bit earned. So save your money by not clicking on any of the signatures of the people posting in this thread.
I think the best way to make more bitcoins is by lending. Nowadays, you may use coins like Bitconnect in exchange for your bitcoins, lend your bitconnect coins to others and you'll be making anywhere between 0.2% to 1.4% of your initial investment a day.
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