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1081  Bitcoin / Bitcoin Discussion / Re: Bitcoin without Altcoin ? on: December 03, 2016, 04:27:11 AM
Will become bad for me because of i can not make growing up my bitcoins, usually i make increase my bitcoins via trading altcoins and if bitcoins without altcoins it is mean there are no instrument of investments for making profit with low amount of capital om trading activity, except i have large capital for trading bitcoin to fiat money.
I don't think so. If you still hold your Bitcoin while there are no other digital currencies, you can easily get rich after a few years. Bitcoin price is being blocked by others cryptos such as Etherium. If Bitcoin is the only cryptocurrency, don't you think that after every year, Bitcoin price will increase by 200%-300% ?
You are right if you make investment into bitcoins use long term strategy and just for pasive income but for the people who go in bitcoin for make money daily it is something different, they need altcoins for make profit every days.
1082  Economy / Trading Discussion / Re: Trading is unpredictable job. on: December 03, 2016, 04:20:36 AM
There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?


Trading is like gambling, you win some, you lose some but at least when trading you have a slight advantage than in gambling, meaning you have news and articles to look and read in order to make the right decisions on whether a price is going up or down, so if you're just persistent on doing that, you have the higher probability of earning in the long run on trading.
Trading is not like gambling since in most gambling games you cannot improve your chances of winning, in trading you can improve your chances by reading books about it and when you begin to practice trading.


I'm just pointing out that in trading you can still lose money, but I didn't say it's 100% the same that's why I also said the advantages of trading against gambling.
The different between gambling and trading is on ways analysis there are no analysis for gambling except sprort gambling and there are ways analysis fundamental and technical on trading. So gambling is different with trading but has same risk losing the money.
1083  Bitcoin / Bitcoin Discussion / Re: 33000 unconfirmed transactions, OMG!, what happened?? on: December 03, 2016, 02:25:38 AM
33000 unconfirmed transactions! OMG!!
did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.

Yup, it is because of spamming attacking but it was decrease from 33000 become lower, and network of bitcoins will be normal again.
We can check on here https://blockchain.info/unconfirmed-transactions
1084  Bitcoin / Bitcoin Discussion / Re: Bitcoin without Altcoin ? on: December 02, 2016, 06:54:42 PM
Will become bad for me because of i can not make growing up my bitcoins, usually i make increase my bitcoins via trading altcoins and if bitcoins without altcoins it is mean there are no instrument of investments for making profit with low amount of capital om trading activity, except i have large capital for trading bitcoin to fiat money.
1085  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: December 02, 2016, 06:48:08 PM
Bitcoin Price Hits a Year High
After hovering around the $730-$750 mark through most of November, bitcoin price rose rapidly as the day began, charting significant gains to peak at $774, a high for 2016.

Bitcoin to the dollar on the Bitstamp Price Index (BPI) struck $751.51 at midnight (UTC) before a quick leap that began at 00:45 saw price climb to $762.13 an hour later at 01:45. Value eased above the $760 mark before another short before another spike saw price scale to $771.03 at 05:35, all representing yearly highs.

After continually breaching this year’s high – last set in June 19th in the lead-up to the halving event – the BPI chart soon revealed that there was still plenty left in the tank. As bitcoin’s value struck $764.33 following steady numbers, an 80-minute trading period saw price swell up to $774, striking the new year-high at 09:45 A glance at trading volumes shows a corresponding surge in bitcoin activity in China via major exchange BTCC .

As is often the cause for increased trading activity, China is having a stagnating year economically for over a year. In October, the yuan fell to its lowest levels in six years and the national fiat has continued its plummet, sinking to an eight-year low to the dollar in November. Further, China is struggling to keep a lid on its capital outflows, which totaled a record $44.7 billion in yuan payments in September alone. This sparked a report of China weighing up curbing controls over bitcoin, which led to a drop in the cryptocurrency’s price briefly.

Soon, China will have another policy concern to contend with, as its annual cap on the amount of foreign currency individuals are permitted to convert – $50,000 – resets come January, possibly resulting in further outflows.

As bitcoin shows shades of resiliency over volatility lately, there could be plenty more demand affecting prices come January.

Another significant factor driving demand for bitcoin is the goings-on in China’s neighbor, India, which is still left looking for safe ground during a sweeping demonetization move that saw the government render 86% of the country’s cash obsolete overnight, on a late November night.

Interest and demand for the cryptocurrency has never been higher in the second most populated country in the world, as bitcoin sold at dizzying premiums, reaching $985 earlier this week.
1086  Bitcoin / Bitcoin Discussion / do you think blockchain of bitcoins is worth for finance institutions make money on: December 02, 2016, 06:27:49 PM
Finance institutions are flocking into the new technology that powers the virtual currency bitcoin and is able to support a “distributed database” that runs on many computers and needs no central authority.
But the technology is so new that many finance industry executives cannot explain what exactly it is or what it actually does.
mental-block-on-blockchain
Even at an early stage in blockchain development, professionals are clamoring for training in the new technology. Banks, stock exchanges, insurers and government bureaus want to know how blockchain may benefit them and don’t want to be left behind.

Financial institutions do suffer some anxiety, amid talk that blockchain is a potentially “disruptive” force that could reduce the role of banks and other intermediaries, and change the way trading in financial instruments is cleared and settled. In reality, it seems that blockchain offers “transparent, indelible and tamper-proof” technology that can eliminate false disclosures.
1087  Bitcoin / Project Development / Re: Bitcoin to Paypal Site (ideas welcome) on: December 02, 2016, 06:09:11 PM
Good idea, but PayPal transactions are really easy to reverse Sad

Exactly, it is weakness of reversible payment method for buy and sell bitcoins, and the OP is newbie there are no positive feedback on him. It will become hard for other people make trading with him. Should the OP use trusted escrow on here before make website buy and sell bitcoins use paypal.
1088  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: December 02, 2016, 05:36:34 PM
For today bitcoins be considered as new gold and it is not really the future of money, the problem is not on bitcoin but on users of bitcoins because of they are not too understand about bitcoins.
Will be hard for bitcoins to become really money or be considered as money then be used for payment method in real life.
1089  Bitcoin / Legal / Re: Do we need to pay tax from Bitcoins earnings? on: December 02, 2016, 04:59:29 PM
As long as we keep Bicoins as btc in our account and don't exchange them to either EUR or USD will we be liable for tax at this point?

I was just wondering if somone know about it since my CPA say no.

we don't have to pay any tax if we keep our bitcoin in our account, but if there is any regulations for some people from the other country that should pay the tax, so we must obey it. i think its not many government will make their citizen to pay any tax for keep bitcoin in ther wallet or their account. maybe if canada make regulations to pay the tax, and you live in that country, so better you pay the tax if you don't want to get in jail.
Uncertainties surrounding the use of Bitcoin and other cryptocurrencies be put to rest. In a document published on November 29, 2016, the Russian Federal Tax Service finally took position on the legality of use and Bitcoin transactions. The document explicitly states that there is no legal prohibition on cryptocurrencies.
1090  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: December 02, 2016, 04:56:53 AM
I think for right now the biggest disadvantages of bitcoins is if segwit be actived, the reasons are:
SegWit and lightening network would freeze onchain scaling.
And Lighting Network will cause centralization in offchain payment nodes, then the government could easily apply regulation.
Must there are other solution about it and there are no war between developer vs miners.
1091  Economy / Economics / Re: China is stocking up on gold on: December 02, 2016, 12:54:55 AM
I just saw this. This is old but its still relevant I think. When this kinds of topics are released more in the news, we all already have an inkling that another economic collapse will happen soon. What do you think will this do to BTC? Is it still relevant to BTC?

China To Replace Dollar System With Gold Standard

http://yournewswire.com/china-to-replace-dollar-system-with-gold-standard/?utm_source=grc&utm_medium=relatedcontent


I think yes it is still relevant for bitcoins, because some people considered bitcoins as gold (include people on China) and some people considered bitcoins as money, as we know the gold is more stable than fiat money there is no inflation in it and China has good strategy replace dollar system with gold and it is same with bitcoins for today bitcoin is gold.
1092  Bitcoin / Legal / Re: Do we need to pay tax from Bitcoins earnings? on: December 01, 2016, 05:01:57 PM
Depends on your jurisdiction, I know in Canada you do need to pay tax on bitcoin earnings or as income.
Exactly, depend on the rules on every countries and i think on America they must be pay taxes to government soon, especially costumers of coinbase because their data had been taken by IRS and it is mean will there are taxes for bitcoin's usage or owning of bitcoins on there.
1093  Bitcoin / Bitcoin Discussion / Re: Do Bitcoins have Tax?? on: December 01, 2016, 04:11:18 PM
there is not ! because bitcoin not real business like company or factory.. i feel bitcoin very profitable because many profit without tax
Yea, there is not taxes must be paid for users of bitcoins are not come from America or they are not costumers of coinbase, but the users from America especially costumers of coinbase, they must be ready for pay taxes to government and their indentity had been given to IRS. check out on this https://cointelegraph.com/news/us-federal-court-approves-irs-collection-of-coinbase-user-database
1094  Economy / Exchanges / Re: Do you agree if coinbase/exchangers give the data of costumers to IRS/government on: December 01, 2016, 03:01:42 PM
Although almost all of users of bitcoins dissagree coinbase gives data costumers to IRS  (include me) but today A Judge Just Cleared the Way for the IRS to Seek Coinbase Customer Data and it is not about agree or dissagree it is about rules of USA and taxes must be paid by users bitcoins, this is the details.
http://www.coindesk.com/bitcoin-judge-approved-irs-coinbase-users/
1095  Economy / Gambling discussion / Re: How much does it cost to create a btc gambling site? on: December 01, 2016, 01:19:58 PM
I think we must have capital around 2000BTC it will be enough because we need much money for promotion the website outside need much time up to website become popular and many users on there, we could learned from the website of gambling had been run on here, they been running out large capital just for making promotion.
2000 btc is too high i guess but maybe 500 btc is enough to do so and yes sometimes promotions cost will more high rather than build the websites itself because usually some gambling sites will provide free btc to the players or free signup to attract more people playing at those sites so if OP really want to serious build new casinos online he have to prepare everything
Well maybe you are right 2000BTC are too high, but i think there are no wrong If it be used for reserve on his casino online and if the OP will build other kinds of gambling game or making promotion out there. The capital for make it will not become problem because of there are reserve on his cold wallet.
1096  Economy / Service Discussion / Re: Looks like BitLendingClub/LoanBase is closing on: December 01, 2016, 12:39:10 PM
Loanbase didn't explained about the data costumers who has made registered on there, should they explaini about that what will doing with them, it is dangerous because the data costumers are private and can be blamed, for the other users or some body who know other info/updating new info please share on here.
1097  Bitcoin / Bitcoin Discussion / Re: SegWit must be stopped! on: December 01, 2016, 11:15:21 AM
BTC will die if it won't be updated Smiley
Maybe you are right you are right,but if SegWit be actived something will be happening with bitcoins
1. SegWit and lightening network would freeze onchain scaling.
2. Lighting Network will cause centralization in offchain payment nodes, then the government could easily apply regulation.
Must use other ways except Segwit for updating and the miners won't be support for segwit.

1098  Economy / Service Discussion / R3 Corda Bitcoin Without Blockchain on: December 01, 2016, 10:16:36 AM
If it seems that opening its block chain is already doing the right thing for R3 consortium, given everything that happened in November, Bitcoin main developer and consultant Coinkite, Peter Todd, quoting that contracts with Bitcoin.
R3 announced that Corda's divided open-source book platform is designed to provide universal access to source code to the global developer community. It is hoped that this will encourage cooperation and contribution from developers, and provide a review of the platform. The idea is more companies and allow people to use its technology to create more value and implement a network effect.

Do you think it will be successful?
The other info can be found here.
 http://www.coindesk.com/r3-releases-code-distributed-ledger-tech-corda/
1099  Economy / Services / Re: BitDouble.io Signature/Avatar Campaign on: December 01, 2016, 09:45:19 AM
Hes good to go. I wouldnt have paid him if not

Thank you again sir Yahoo.
Ok thank you Mr Yahoo and i am sorry for my mistake Mr Qartersa because i don't know about your agreement with Mr Yahoo, everything were clear right now.
1100  Economy / Services / Re: Signature Campaign Manager on: December 01, 2016, 08:32:42 AM
Hello OP if you are still looking for manager signature campaign, i think Yahoo is become best manager for you, he has a lot of experience about it and he is running couple signature campaign, you can send PM to Yahoo this is his profile
https://bitcointalk.org/index.php?action=profile;u=355846
Good luck for your business.
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