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10761  Bitcoin / Bitcoin Discussion / Re: What happen if bitcoin build a headquarter bank on: October 22, 2017, 02:21:03 AM
If bitcoin build a headquarter bank , it should lose its popularity. It is not a good thinking by bitcoin. Normally bitcoin haven't huge members. It not so popular as much as but bitcoin can do this. Without built any headquarter bitcoin should get its popularity in future.

Having bitcoin is like having our own bank. So headquarters would be useless because bitcoin or bitcoin wallets don't have a name associated with it. So I doubt that members would like to registered to something like a headquarter. And having headquarters you have something to like to report to a higher authority. So it will all defeat the purpose and design of bitcoin. I guess most of us won't agree having headquarters.

10762  Economy / Speculation / Re: btc value on: October 20, 2017, 08:16:08 AM
hi all, new in here do all think that the value of btc is going up again?

Why are you here in the first place in you don't think that bitcoin will rise up again?

Did you check the price of history of bitcoin? If you did then you can answer your own question. But to give you a perspective, bitcoin price is not parabolic meaning its not always going up. Sometimes it need to go down for price correction or adjustment like consolidation. Then you can decide if you want to stick to bitcoin or just go to altcoin system. But it looks like you are in for bitcoin, so I suggest that you get it because there is really a good chance that bitcoin will go up in the future.  Wink
10763  Economy / Economics / Re: Bitcoin is an asset or currency. on: October 20, 2017, 07:46:46 AM
It is both asset and currency like the other said but you cant' just use bitcoin for everyday usage frequently as the price goes up and down, it is not advisable to use it as a common currency like USD and other fiat ones, It is great to use it as an asset and investment as the btc continues to grow everyday. you will gain such profit if you store enough coins, but don't get me wrong it is still currency not just stable to use it for now.
Yes I agree with you its both you can use it as a currency as well as you can use it as asset because bitcoin is a digital currency you can use it for buying things and also you can keep it for a long time for investment purpose I use bitcoin in both way I am using it for daily expanse and I also keep it go high price when the price go high then I sell it out to get extra money.

There no really clear cut definition of what a "Bitcoin" is. Though is initially design by Satoshi is for micro payments using P2P, with no third party. However, as bitcoin price surges, many think of it as a assets because it is being considered not as one of the best assets in the industry. So it you want it to be currency, like converting it to fiat then used it to buy things you want or just hodl and become as assets, its really depend on each individual. You used it depending on what you what. Don't just be confined to the technical aspects of it.
10764  Economy / Service Discussion / Re: Campaign does not pay on: October 20, 2017, 03:11:42 AM
Hello! I just want to ask a simple question that what if the campaign does not pay their applicants? Well I know someone that was not paid by his campaign here, incase this thing happen to me too what should I do? Any advice?

Are you sure that its someone or your alt haven't been paid? You simply didn't follow rules that all. Move on and join other campaigns. There's a lot of campaign specially in the altcoin section. I have seen a lot of participants being not paid because its the fault of the manager, but most of them violates certain rules of that campaign. That's why you need to really improved your posts quality and posting habits before joining a certain campaign. And not cry for not paying you because if you really look at, its really your fault not the campaign manager.
10765  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Russia beat every country at creating their first national cryptocurrency? on: October 20, 2017, 01:59:22 AM
Its strange, one day we are reading that Putin is saying how bad decentralized currency is and now they want to create their own crypto version of rubble.

That is why I don't really care what Russia is saying about crypto currency because they always change their statement the next day. They are looking like stupid everyday because they keep on contradicting themselves and they always like to portray themselves are crypto loving country but its the other way around. So take everything with a grain of salt. And remember what I say here. Maybe in the next couple of days there will be another statement coming from them. hahahha. But as far as cryptorubble is concern, I think it will really fail because their citizens whats crypto that is not centralized like bitcoin and ETH. And at the end of the day only the rich can afford their state sponsored coin.
10766  Bitcoin / Press / Re: [2017-10-20] Star Jets International Now Accepts Bitcoin Payments on: October 20, 2017, 12:48:12 AM
Ok I though it is located somewhere in Asia and I was surprise to find it based on USA. Really nice of them to offer bitcoin as another alternative mode o payment. The way I understand it, they cater for the rich and famous because only a few can travel with Jets right? So if they offer they as mode of payment, I'm sure that millionaires or billionaires will suddenly go to our market to take advantage of paying in bitcoin. Everyone wants to be "IN" or what's hot or not. So I'm pretty sure that their clientele will go buy bitcoins and used it to pay them in case they used their services.
10767  Bitcoin / Bitcoin Discussion / Re: Russia, Shuvalov refused to answer about buying Bitcoin. on: October 19, 2017, 07:53:25 AM
https://embed.life.ru/video/3ab57ffbcaaa76c0bcfe60535a9917bf

- Worth buying BTC? The woman asked.
- God knows


Well, it's just right that he kept his mouth shut.

It's the most logical thing to do in the current situation he was in than to start blabbering things that he just might regret saying in the future. Specially when millions of people are watching. So to avoid causing debates, he did the right thing and kept his mouth shut. Really quite easy to identify people that are intelligent.

As opposed to Jamie Dimon who can't keep his mouth shut and not comment about bitcoin. Better not talk because he doesn't know what would be the repercussion of his statement. And Russia then suddenly went hard lines against bitcoin. If he have said something to effect investors or Russia itself, I think we could see some accusing and blaming him for all the debacles and the sudden U-turn of Russia against bitcoin and cryptocurrency.
10768  Alternate cryptocurrencies / Altcoin Discussion / Re: Phising attempt on: October 19, 2017, 06:23:35 AM
I got an email this morning, asking me to log in with my seed to my ether wallet. Allegedly, if I didn´t, I would be using the old Ether Blockchain and that´s horrible and blah, blah..

Just spreading the word of caution.

This kind of phishing scams are very common these days. They just find a leaked mailing list and mass email everyone. As I always preach, double check the URL and check for an SSL certificate on top. Fishy links never have SSL and just by giving it a look you will be able to figure it out.

Specially that those hackers are really targeting unsuspecting cryptocurrency holders. Its like everyday I see a lot of email trying to phish someone. Yeah, almost check for misspelled or much better to bookmark myetherwallet to be sure that you are logging in to the trusted website.

Somehow I got on someone's list and I receive stuff like this daily. After reading some security threads I never click on email links. If I think something is worth looking into I start at the original website and try to do whatever needs to be done then.

LOL. Too bad for you mate. Its really on our own safety not to click anything we see on the website. Or much better if you can have a single desktop or pc dedicated for all your crypto activity only. Thanks for the warning by the way, OP.
10769  Economy / Speculation / Re: Market Correction Is Best Time To Buy Bitcoin on: October 19, 2017, 05:58:47 AM
If anyone planning to buy bitcoin at cheap rate, better to buy at market correction. Every 10 - 15 days market correction occurs and again bitcoin rocket going upward, so it will better for whom wants bitcoin at cheap price.

You gonna act fast bro, otherwise you will miss the opportunity to get bitcoin at a low and cheap price because it will not stay that long because investors are taking advantage of it. I wasn't able to buy not that I consider the price is still too high (above $5000) but unfortunately, I don't have funds to buy it yesterday.  Sad

Where is this market correction?.
There was small correction yesterday, where big sharks and fund managers was selling in wholesale quantity.
I saw this big hard-core selling at Bitstamp.
But, today, BTC is back to over $5600 at Bitstamp.

If you look for correction, take a look at shitty coins issued in hundreds of millions for no purpose.
There are tons of corrections, each day.  Grin

Correction is over. Yesterday though is a good buying point. But now bitcoin has regained and trading above $5600 now. I just hope that there are investors who took advantage of the situation yesterday to get bitcoin at discounted price. And after a roller coaster ride a few days ago before the price correction, I think it has consolidated and going to $6000 that way I see it.

Yeah, the price is back at $5600 all over the trading exchanges. Community doesn't want bitcoin to go lower than $5000 again. Now the best thing is to just hodl and wait till the price hits $6K before the fork.
10770  Bitcoin / Press / Re: [2017-10-18] Bitcoin takes flight again after overcoming roadblocks on: October 19, 2017, 12:49:17 AM
There are still roadblocks that we may encountered as we journey all along. But most of them have been defeated already and just recently the Aug 1 split and the China FUD and scare are the latest. Oh I forgot about Dimon's attack. LOL. But I think all the challenges that lies ahead will be faced by the system and we are going to win in the end. Just imagine starting this year the price of bitcoin is just below 1k$, so it almost 6 folds already. I'm sure in the next succeeding years. bitcoin will make so much gain that it possible to reach $10K-$20K. We don't need to be scare of  the roadblocks, its just part of the ecosystem, because without those challenges, I don't think we can achieved this current price.
10771  Economy / Speculation / Re: BTC Price drop? on: October 19, 2017, 12:04:08 AM
Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
We can't expect bitcoin price to keep rising every day?It's simple some people are cashing out their profits but my prediction is price will soon hit 6K$ before upcoming BGold hardfork.Whales always benefit from week hands and nothing new is happening today.It's same thing and other alts are dropping too because they are too dependent on bitcoin price. Smiley

Yes, it is not possible for the price to just continue rising. That's just crazy. It's normal for the price to go down a bit every now and then. This is why there are panic sellers. When there's a small price drop, some people lose their mind and sell or dump their coins in an instant because of the fear of losing their money. We shouldn't worry about this too much. Over the year, the bitcoin price has experienced numerous fluctuations yet its upward trending.

I'm not sure what to expect by the time the fork comes. It's possible to go up just days before the hard fork, but it may not break $6000 just yet.
Its just normal movement of the price of bitcoin because there are people are satisfied what is the price and there are people are afraid what will happen after the fork since the first fork of bitcoin is successful why we need to be afraid?
I still believe that those who are selling bitcoin are those people who are bought bitcoin in cheap price or 3k level or those people are whales.. but i think it will be the last drop and people will invest more before the fork..

I think its all over. Bitcoin has recovered quickly and bounced back to $5500 and the rally is still going on. With that said, I think it will moved on another upward trend after yesterday's consolidation. We may see that the price could really go higher than $6000 now. I'm very positive that after this ensuing price correction, we are heading to new ATH leading to the day of the hard fork. Will continue to hodl and wait for my prediction to happen.  Grin
10772  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Altcoin Earning Campaigns on: October 18, 2017, 08:29:15 AM
I see I'm a new member, so it would be hard to earn bitcoin because nobody enrolls new members in campaigns. But are there any altcoin campaigns here from where I can earn altcoins?
Is there a list of altcoin signature and social media campaigns?

I myself has not been any to a altcoin bounty campaign but I heard a lot of news saying that some of them have really gotten a good pay of out it. I think someone already posted the link, so you better check it out. Just be sure that you have read all the rules on the campaigns and usually it requires for you to have a ETH wallet so I recommend myetherwallet. But its your responsibility to take care of your password and your private keys. Goodluck to you and hope you find campaign that will suit your rank.
10773  Economy / Speculation / Re: when will bitcoin price struggle to breach $6000? on: October 18, 2017, 07:39:46 AM
$5645.72 #bitstamp;
$5661.96 #GDAX;
$5654.80 #gemini;
$5655.00 #kraken;
$5642.49 #hitbtc;
$5695.34 #cex;
when will bitcoin price struggle to breach $6000?

This is what you call psychological barrier. Investors, traders, and even casuals can't resist the temptation to sell their bitcoin right now and cash it out because the price is too high. That's why lately you will see wild swings and not actually getting to $6000. The price is retreating today, going to $5300 so that's about $700 now from $6000. But don't worry we will finally reach that again and can be sustain. Specially is only a few a week before Oct. 25 and as we get closer to that date, $6000 will be touch then.
10774  Economy / Speculation / Re: Chart of the Day | Bitcoin's price correcting to $5500 on: October 18, 2017, 07:18:52 AM
Its not that they are not supportive about this bullish market. People are just cashing out and taking profits. I think this is normal and we can say that we have already overcome the $5000 psychological barrier. And now $6000 is new one. Really hard now to sell and take profits specially when the price peak at $6000 and trading at a stable price of $5600-$5700. So the dip is nothing significant, the fork is still far and its the main driving for this pump. Once we get closer the price will surely rise once more. Getting closer to $6000-$6500.

The people are really stupid,if they are cashing out profits right now.The market has the potential to reach 7000 USD before 25 October.If they are selling now,they will have to buy expensive bitcoins later.
Perhaps they are waiting for the bitcoin price to go down after the Bitcoin gold hard fork.
I don`t believe that this will happen.
You would not want to really call them stupid as everyone is just trying to play their cards the way they deem fit to play it. However, one thing is for sure, with the little correction we have seen and a long term on at least $5500, anything below $5300 may bring it lower and trust, anything that makes it hit $6000 above is sure taking it higher. So, in a way, they are just trying to play their cards to see what happens while remaining on the edge.

Correct, they are not stupid, actually they are just wise on cashing it out and shifting their money to alts now then make another move to sell again and back to bitcoin. The price is going down as I type this message, around $5300 and there are large sell orders. But if others are selling, then there are a group of investors willing to buy at this dip to enter the market and join the hype train. Its a cycle. If you know you can make quick money by selling your bitcoin today and buying later then its not stupidity.
10775  Bitcoin / Press / Re: [2017-06-23] Bitcoin accepted here: The tiny family restaurant in India that’s e on: October 18, 2017, 06:56:58 AM
It was posted at June and I really do want to have updates on what has been the profits or the customers reaction on this concepts. I have an information about the improvement of number of Indian who invest and has big impact in the rally of increase this week as they doubled they’re join in investors. We all know how fast they’re adaptation to technology is and bitcoin/cryptocurrency works really good for them.

Same here, its been months now and I'm sure all of us is curious as to what happened to the restaurant. Are they still operational and accepting bitcoin as payment? Specially India has lifted its demonetization program, I'm sure it has impact to the flow of money. There's also another thread here asking for any restaurant that accepts bitcoin. I'm sure we can point them out to one of restaurant in India that accepts bitcoin as payment. Though we need to at least get the latest news as how the restaurant is doing now.
10776  Economy / Economics / Re: DON'T DO PANIC SELLING !!! on: October 18, 2017, 03:17:52 AM
Keep calm and HODL mate Smiley
Holding is something far better option than that of panic selling. There is no pint of selling your coins at less price which will result in nothing else but huge loss. The one who is going for panic selling is going to lose his very own money with his very own hands. Patience is the only key which can help you in such kind of situation.
Yes holding bitcoin is always is a  good decision, through holding habit you can prevent yourself from a big long, In fact when panic selling started in the market we see that there become uncertainty in the market.
It won't always be a good decision, especially if you've bought at $5000 and the price starts falling rapidly from $5400 for instance. It's a great investment for long term holding, but most people panic in fear of losing their funds without thinking that in a few weeks or months, the price could be a lot higher. We've all been in that position.

Bitcoin right now, with the current high price is really for long term investments. Is really hard to do daily short because of the volatility. If you really want to do daily trading, much better to go to altcoins.

And as for the panic, newcomers on the market is the first one to really sell their coins once they see the price is dropping. They don't know what is going on and the initial reaction is to just sell everything and get out of the market before losing their money. But the case should be hodling on events of a price crash. But once bitcoin has rebounded, you will thank yourself for not panicking and selling your bitcoin afterall.
10777  Bitcoin / Bitcoin Discussion / Re: Why all the freakout about Bitcoin's price? on: October 18, 2017, 02:37:48 AM
We can’t blame anyone about it, it is mostly a human nature. Good for you, that you do have that patience and tolerance to this kind of scenario. Not monitoring much on the market price might help to start with but every person has a tendency of being negativity in things where we spend out money are.

Yes, its just human nature to freak about something you don't have total control. And as much as you like to it let go higher, sometimes it would go other way around. But I can't help it, I want to monitor the price to see how my investing is doing. But as I gained experienced already, I'm not that affected with a sudden shift if price because I'm in the long term side of it. Though it was scary during last month's crash, but I remain patience and didn't to one sell of my bitcoins. Look at the current price, its going red, I'm sure there are investors here freaking out because the price is down although minimal.
10778  Bitcoin / Press / Re: [2017-10-18] Smart Regulation Could Make Russia Next Major Bitcoin Market on: October 18, 2017, 02:16:18 AM
I highly doubt that Russia will be the next major bitcoin market. How can they be when they hate cryptocurrency? That's why we have to take everything with a grain of salt everything that is coming from Russia.

This cryptoruble or whatever it's been called is a sign that they don't want to have bitcoin or Ethereum or any other crypto. They want to have their own crypto's that is centralizes and imposing high taxes on it. And I also high doubt that it will gain acceptance in Russia as well. This is a bad more for them, but what can we expect something from a government who runs with a hammer fist?
10779  Alternate cryptocurrencies / Altcoin Discussion / Re: When bitcoin price goes up,altcoins prices goes up too? on: October 17, 2017, 11:47:04 PM
I am not a specialist in crypto structures,but when bitcoin price goes up,altcoins prices goes up too after unknown time or not Huh

Because always when btc rises,altcoins to started dropped down.

I think there's no direct correlation however, as in the case today, altcoin is slumping because people are selling them to get free coins. There are a lot of instances in the past, but there also history when both markets really enjoy a price surge. So its not same to assumed that they have some kind of correlation. Let's wait after Oct. 25, and observed that once their is a dump on bitcoin, altcoin should rise. Though this market is really hard to predict.
10780  Economy / Speculation / Re: This family bet it all on Bitcoin on: October 17, 2017, 11:12:29 PM
https://www.cnbc.com/2017/10/17/this-family-bet-it-all-on-bitcoin.html

They sold everything to buy bitcoin and are living in campsites, waiting to become millionaires.

Its really a big gamble that this family has to make. They are betting that by year 2020, they will be millionaires. Just like all of us here, we want to be rich with bitcoin. But they have taken it to a different level. On must to think logically because its 2-3 years from now and how do his family survived then? I guess bitcoin has affected and changed a lot of people's mind but somehow, you should only invest what you can afford to lose. This family invested everything and chances are that they won't be living normally and have to wait till their gamble pays off.
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