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11021  Economy / Trading Discussion / Re: What's your current strategy? on: August 06, 2017, 05:40:13 AM
Buy and hold?

Cryptodabbler?

Day-to-day trading?

Big bets enough to play the market?

Other? specify.

Please provide a quick explanation of the choicie of your strategy.

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My only strategy is just to hold. I'm currently holding all my 11 weeks currently of signature campaigns so you may say that I only have a dust amount of bitcoin. I don't want to buy and I all for earning it and see how patient I am into holding it. My current goal is to hold and get at least 1 full sweep of BTC in my wallet. I don't want to trade my funds because its too risky for me right now. And besides I'm just new in the crypto trading so I'm quickly learning more about it as I can along the journey of earning 1 BTC.
11022  Economy / Speculation / Re: thoughts on rally on the week on: August 06, 2017, 03:20:36 AM
Hi guys, what do you think of the rally for over the past week? our coin finally broke the 3000 threshold and it had a baby call BCC.

Do you think the rally will continue?

No one can really tell if this bull run can be sustained in the long run. Heck we didn't even know how it started in the first place. We can only speculate that those old wallet that is sleeping for sometime and suddenly woke up claim the free coins, BCC, then immediately dump it for profit then quickly sell to bitcoin then put it again to their cold storage. So personally, I would like this rally to continue to a new ATH is the next coming weeks. So I think I would just hold my bitcoins for now whatever happens in the days to come.
11023  Bitcoin / Press / Re: 2017-08-03 news.bitcoin.com - Gwyneth Paltrow Joins Bitcoin Wallet Abra as Advis on: August 06, 2017, 02:58:01 AM
https://news.bitcoin.com/gwyneth-paltrow-joins-bitcoin-wallet-abra-as-advisor/

Bitcoin is very popular--even Gwyneth is onboard. Gwyneth was 'chosen' out of the panel of entrepreneurs in a Shart Tank-style show to assist the developer with business/brand development. I'm guessing the episode was shot prior to the 8/1 hard fork, slightly increasing the uncertainty surrounding this coming app and business.

I think most of the advisors are stars not only Gwyneth buy Jessica Alba, Will.I.Am bestselling author Gary Vaynerchuk. I don't know how can they be a start up advisor, LOL. Maybe they were hired as a sort of promoter or pitcher if I must say, but still the final call would be that CEO Bill Barhydt.

“focus on making a product that a core group of people love before worrying too much about scaling.” (Sounds familiar??)

This advise from Chesky also struck me the most. Its like saying that create a product that people will love before thinking of putting some improvement in it.
11024  Economy / Speculation / Re: Finally Bitcoin At 3K...Coming Up 5K? on: August 06, 2017, 02:30:45 AM
Just days after the much feared and much hyped Segwit event for Bitcoin last August 1, the tiger has soared and roared as it has finally breached the 3K wall and might be heading to the 4K level (though there can be some correction after this level).

The trend right now going up and at what level it will settle for the coming days remains to be seen. I am sure that many Bitcoin holders are happy with this expected rise and there can be many who felt sad because they listen to unnecessary news leading them to convert their Bitcoin to fiat money.

Can this be telling us that Bitcoin is going to try its fate on the 5K wall?


Too early to tell but if the graph tell us something then we are heading to a fateful $5000 which will be every eventful to all of us. But I assured you that everyone who woke up now is very happy to see that the price already break the psychological barrier that is $3000. I did not convert my btc to fiat so I'm enjoying the price increase and I'm still on my few but hard earned bitcoin and will continue to do so. I guess we need to break $4000 before we can have a discussion about getting to $5000. Let just sit and relax and enjoy the price increasing by the minute. LOL.
11025  Economy / Speculation / Re: Bitcoin heading to $4,000 on: August 06, 2017, 01:59:19 AM
Does not seem to have to wait until the end of the month to touch $4000, I think if this increase continues consistently it will only take another week to touch $4000.
Is now touching $32++

I think it will touch $4,000 this August judging by the way it zoomed past $3,000. It has appreciated almost $700 in less than five dsys after the fork. Now, this is getting very interesting.

Correct, bitcoin really push the acceleration right now and we are seeing $3200-$3300 breaking ATH again. It's just a few days after Aug 1 and now we are enjoying the benefits of it by zooming to this new boundaries. I think $4000 is just around the corner, we just probably get to there by the end of the month.

but to me i think we are not even going to stop on 4000$ but will proceed further.

Of course we are not going to stop and we will move to a new price time and again. Because once bitcoin price go up, its no stopping it that's why people are telling all along the it will go to the moon. Will wait till then.
11026  Economy / Speculation / Re: Bitcoin reached 3.2K!! on: August 06, 2017, 01:29:10 AM
Actually it's $3300, I think the cause of the price exploding to $3300 all time high is the BCC dump. This just shows that the community doesn't like the split and BCH/BCC is just another altcoin the price dramatically decreases by the passing days and instantly fluctuate's when it's blockchain network stabilize the only thing that preventing BCH price to crash. I think people doesn't have any interest in buying a slow and unstable network it will reach it's all time high in a few days or weeks and will become another shitcoin or scamcoin. All hail bitcoin.

Yup I agree, only a small percentage are really putting investment on Bitcoin Cash. I think the price movement is due to those large bagholders of bitcoin who are just coming out and claiming there Bitcoin Cash and quickly dumping it to go back to bitcoin ecosystem.


I'm looking forward to it reach $4,000 - $4,500 this month. $3,000 is the new low now, development and progress for Bitcoin is only going to be smoother from this point on.
The 4.000$ will come faster than we expect.
I think the price will never let down, also the new improvements will make the price to go higher than this.

Don't get too excited. We will slowly getting there and we wouldn't know what will be the price at the end of the year. $3500 should be the next barrier that we are going to see broken. Truly amazing how bitcoin is surging right now.
11027  Economy / Gambling discussion / Re: Gambling and Superstition on: August 05, 2017, 06:49:44 AM
In gambling people will gain experiences whether it's good or bad one. They will remember the time when they got lucky and unlucky. And then superstition comes. They will remember what things that made them lucky and try to use it again in the next sessions in the hope they will get the same luck as before, vice versa.
Yes, superstitions are being followed to maximize the chances of finding a lucky day. As there are no tools are available to find whether it is our lucky day or not, gamblers are going for following superstition. Interestingly they are following same superstition to avoid a bad day.

I'm not finding any effective results by following those still I am also following few things.
I guess this is how all the gamblers are doing because we are do not have more options to deal against finding a lucky day. For some people following superstition might be seeming complete meaningless, still gamblers are preferring following it because superstition is providing them some moral support basically.

You are all set with all of your superstitions then you can be confident that you will find your lucky day. It may seem complete foolishness to others, still it may bring big profits or prevents losses, who knows.
Yes superstition must be providing moral support to gamblers and that is the reason they are spending more time to follow them. It is just a belief by the gamblers to find their lucky day. Hence we cannot argue against their beliefs as it is being covered by their personal rights/freedom.

So, it will not be a big matter whether it looks like big foolishness or not. It will be complete personal preferences of a gambler.

Come to think of it, even though we don't have solid proofs that superstition does anything really, what if it does? What if people believe in superstition because they've proven it multiple times before? I don't also believe in it but i'm keeping an open mind now for those kind of things

I guess keeping an open mind about this kind of things are already good. There's no harm in it, so we might as well go with the flow and not mind people who do believed in superstition. Although myself don't believed in if, I have multiple friends who absolutely have some stories to tell regarding this belief. I also learn just to listen to them and not make any negative comments because I don't want to hurt their feelings.
11028  Economy / Speculation / Bitcoin has reached a record high valuation of $3,000 per coin to complete a rol on: August 05, 2017, 06:22:16 AM
Bitcoin has reached a record high valuation of $3,000 per coin to complete a rollercoaster week that begin with the long-awaited split of the cryptocurrency.

A number of exchanges, including popular destinations Coinbase and Kraken, valued a single bitcoin at over $3,000, an all-time high that is up $485 on the valuation one month ago. Earlier this year, Bitcoin surged in surpass $2,000 for the first time in May going on to almost reach $3,000 in June only for the valuation to crash.

Over the last twelve hours, bitcoin’s value has jumped by over 10 percent as forked currency bitcoin cash has seen its valuation crash by 30 percent. Some exchanges including China’s OkCoin even put the value of one bitcoin above $3,200, at the time of writing.

http://www.abitofnews.com/bitcoin-breaks-3000-to-reach-new-all-time-high/
11029  Economy / Economics / Re: BCH launch shows us how irrelevant marketcap can be on: August 05, 2017, 05:56:49 AM


10 billion dollar network emerged out of thin air. Or did it?

Marketcap is a simple multiplication of price of a single coin by total number of coins in economy. It implies that there's a free market where every participant can easily sell or buy given coin.

But is it the case with today's BCH? As of now, almost no exchange actually supports BCH deposits, so the real amount of BCH in circulation is far smaller than 21 million, it's actually equal to amount of BTC held by users on exchanges that listed BCH now. This number is probably some dozens of thousands BCH, at it creates a perfect opportunity for speculation and manipulation.

Correct, marketcap has no significant value so it doesn't count as factors how strong a coin is. I initially thought that this coins will be manipulated by far by very rich individual and big entities behind it. I have suspected this will be done to keep the hype around it so that people will become interested and get it then suddenly they will just dump it.
11030  Economy / Trading Discussion / Re: HUGE BTC rise and XRP dip on: August 05, 2017, 05:35:37 AM
I wonder if the BTC rise is partly due to people trading their BCC for BTC.

Yes, this is only the logical explanation for now. Selling BCC to BTC or BCC to altcoins that is why you we are also seeing a price increasing in the altcoin market as well. BCC is on the downward trend while BTC and altcoin up. Its no surprise that people would simply dump this altcoin and stick to bitcoin market. Maybe just now, people are claiming BCH specially for those who have waited until everything has settled down. However, they have lost because the value is going down. But hey is free coins only so we will take it.
11031  Alternate cryptocurrencies / Altcoin Discussion / Re: BCC transactions are very long on: August 05, 2017, 04:37:24 AM
Worry about this situation, some traders must have lost with this process. Maybe this is also a strategy for BCC does not happen drastic price decline.
The trader must be patient, and immediately discard the BCC.

BCC already had a drastic price decline, as seen in the graph below (source: https://coinmarketcap.com/currencies/bitcoin-cash/), after unexpectedly skyrocketing to around $1200 days ago.



The long transaction times is just because of BCC/BCH having low hashrate and high mining difficulty due to it being just recently forked as you may know, and also having alot less miner support compared to what BTC has. I suggest to just make the transaction and return after like 24-48 hours later. Hashrate as expected will slowly rise in the future.

This means this coin is as good as Dead. Having low hashrate with high mining difficulty would really give longer confirmation on transactions. I dont really expect this thing on Bch supposed to be that it should really have much faster confirmation than bitcoin but now it acts on the opposite way. There are already lot of complaints arising now regarding BCC transactions.

Logically, if people find the confirmation longer a bit of hassle for sure they will stay out of it for the time being and go back to bitcoin again. But I don't think they will simply go away. They will put up a good fight but for me it will be just futile. Maybe along the way we will see it trading at ~$100 and few pump and dump to put some hype around it but that is the best effort they can mastered. People will stick to the old reliable bitcoin.
11032  Economy / Speculation / Re: New all-time high on: August 05, 2017, 04:03:56 AM
Bitcoin has passed the old price record of $3020~, and it's currently worth $3120 (Preev.com)
How much do you think will it increase before it starts dumping again?

I wouldn't believed if I didn't see in at average $3113.42. People are still claiming BCH and dumping it to buy BTC now. I hope that this is not just temporary or artificial because we may see people pushing the selling button for this price.

Bitcoin has passed the old price record of $3020~, and it's currently worth $3120 (Preev.com)
How much do you think will it increase before it starts dumping again?

I don't know how long this is about to stay. But otherwise I just have to keep on holding and this is now the start that speculations are going to reach $4,000 and higher. I'm not thinking for now with the dumps or any decrease that is going to happen very soon. But I know there will be the time that it will be dump but it's just for  a short time.

The choice to really hold bitcoin is a one good. The dividends are paying off. But we still need to be patience more as we can see it move to $4000 very soon. If the price still hovers above $3000 in the next few days, then I'm expecting it to push to $4000 at the end of the month.
11033  Bitcoin / Press / Re: [2017-08-04] German Bitcoin Exchange Hands Out Private Info to Investigators on: August 05, 2017, 03:13:55 AM
If I were a customer of this Bitcoin exchange, I will also be outrage with this handing private info. They have no right in the first place to ask for it? What is the purpose? And for the exchange, customer should get out because they have already been compromised. Then this exchange now would nothing be short of a bank now, which will defeat the purpose of using them in the first place. Government agencies are really cracking on the bitcoin ecosystem and time will only tell us that all exchanges will be regulated as well by the government.
11034  Economy / Gambling discussion / Re: Outcome of Horn vs. Pacquiao on: August 04, 2017, 08:45:24 AM
I think Bob Arum is in the works for a rematch between the two. Let us see how it goes. Hope that Pacquiao will get the deserving win this time.

Quote
Jeff Horn v Manny Pacquiao rematch firming for November in Brisbane

A SOPHISTICATED ceiling of airconditioners could be installed over the boxing ring to counter the summer heat for the Brisbane rematch between world champ Jeff Horn and Manny Pacquiao.

The Courier-Mail understands the rematch is firming for November 12 at Suncorp Stadium, with plans being made to deal with the summer heat.

The Queensland Government is yet to sign on the dotted line, however, discussions are well advanced to hold the rematch in Brisbane.

Concerns had been raised about Brisbane’s ability to host an outdoor fight in the later months of the year, given the heat and threat of storms.

But it’s understood those factors are being taken into account, with the possibility of using airconditioners above the ring to keep the fighters cool.

http://www.couriermail.com.au/news/queensland/jeff-horn-v-manny-pacquiao-rematch-firming-for-november-in-brisbane/news-story/38f3ad34c58ef1ffd48d1408196c90b9

11035  Bitcoin / Bitcoin Discussion / Re: Fork failed? on: August 04, 2017, 08:19:39 AM
The fork has gone through and with the fork, bitcoin has been split into normal Bitcoin and a new type of alt coin, Bitcoin cash. After the fork seems like prices for Bitcoin have risen and the price is not almost 2.9K. Seems like Bitcoin will hit 3K at the end of this month for sure with the rate it is growing now.

Most miners have abandoned Bitcoin cash though, August the one was just an event overhyped and it honestly didn’t affect us that much. Price of Bitcoin cash hit 700 yesterday but now it is at 300-400 USD. Slowly seems to be dying. 


Of course, without the support of users, BCH will simply die. But if there are people behind, like big entities, it will survived but it will just be a pump and dump coin. It may bubble in the future, but we all know that it will be bursting soon. The event just go unnoticed and the price of bitcoin even go to $2900 now. Its one thing to hype BCH but without the backup of big miners who rather stick with bitcoin for now. And I think with the recent split, bitcoin price will gradually rise and will peak at $3000 again or even more.
11036  Bitcoin / Wallet software / Re: Is exodus wallet safe? on: August 04, 2017, 07:57:34 AM
I have also used exodus wallet few months ago and found them really handy but I left them because they will not give you full control over your cryptos (i.e. they don't share private key with you). Jaxx is another multicoin wallet out there which shares private key with users as well as they never send any of your wallet data to their servers. You can use Jaxx as alternative to exodus like me.

I downloaded exodus wallet about a few weeks ago and I thought that they you full control of your funds there that's why I want to used it. While jaxx is a better option, I think there was a news that someone has lost funds in there.

https://www.cryptocoinsnews.com/users-report-losing-400000-due-to-jaxx-wallet-vulnerability/

So it is not a safe option as well. So to be safe, don't used jaxx. I felt disappointed with exodus, I thought you have can full control over it.
11037  Economy / Trading Discussion / Re: If you would invest $100 in 2011 you would have 930k on: August 04, 2017, 06:52:34 AM
Made this little app for the dreamer traders out there Smiley
whatifbitcoin.com

It is good app and i submit in it $110 and i have missed this chance to make millionaire.
It is my bad luck. But instead of it i came in bitcoin field not too much late.
Because when i came in bitcoin then bitcoin price was $300 and now you look bitcoin give me triple profit and it is enough and good for me, because i am not greedy person.

Many of us missed that chance for becoming a millionaire. I think its not too late thou, there are other coins that will make this rise in next 7 years. But which ones? 110$ invested in couple good and new altcoins can bring a fortune in next 5-10 years.
In 2011 I wasn`t here, but I`m now and i have some picks, I save in bitcoins now so anything can happen. This application is nice for dreamers and people who are not in bitcoins yet, in this way they can see how big opportunity they are missing for not being active here.

Of course eventhough that there have been missed opportunity in the past, we still can invest in bitcoin and possible be a millionaire in the future. That is why bitcoin saving is really worth but you need to have a good patience in order to enjoy profit later. I'm still trying hard to earn at least 1 bitcoin in my wallet and will not touch it whatever happens.
11038  Bitcoin / Press / [2017-08-03]University of Oxford Launches Fintech and Blockchain Programme on: August 04, 2017, 06:00:35 AM
Quote

University of Oxford Launches Fintech and Blockchain Programme

Saïd Business School, at the University of Oxford, has announced the launch of a new digital open enrolment programme on FinTech that will cover topics ranging from Blockchain technology and Artificial Intelligence (AI) to crowdfunding and quantum computing.

According to the official announcement, the Oxford Fintech Programme, launched in collaboration with GetSmarter, examines current and emerging financial technology. The programme is being run by Nir Vulkan, Associate Professor of Business Economics at Oxford Saïd and David Shrier, business author and CEO of Distilled Analytics - both leading authorities on fintech.

Peter Tufano, Peter Moores Dean and Professor of Finance at Saïd Business School, commented:

“Technology and the mobile revolution are rapidly transforming financial markets, institutions, and business models.  Drawing upon the expertise of leading academics and practitioners from Saïd Business School, our new digital Fintech programme, supported by GetSmarter, will provide entrepreneurs and executives with the insights and knowledge necessary to navigate this changing landscape, and adapt and progress in their careers.”

https://coinidol.com/university-of-oxford-launches-fintech/


This is really such a welcome news to see Educational Industry taking a leap and join the new wave of revolution which is Blockchain Technology. They are covering a large based of topics which will surely attracts a lot students or even professionals to enroll in this program. I'm pretty sure that it will be successful because it has the backing up of several Fintech authority person. Hope to see this another success story that we are going to hear in the future.
11039  Economy / Economics / Re: You should never trust banks on: August 04, 2017, 04:08:31 AM
Recently, many banks are having some problems like unexplained reduction of the balances of the customers accounts, ATM card skimming and much worse is that the people working in banks have access to the accounts and can do whatever they want to the accounts so those who have bad intention can easily do it. Our money is not secured in banks anymore. Good thing there is bitcoin when you have control of your money and the start of blockchain technology can prevent this things happening if its totally implemented.

Globally, this has been the issue of most banks. Hackers (sounds familiar isn't it) skimming and other schemes that fall to the category of like bank is stealing money from us. I still have funds in a bank and do regularly used it specially that my day job pays thru ATM's which is very convenient for most of us. But I do believed that most of the banks are really taking advantage of people like high interest rates, not giving enough time to people to pay loans and harassment if you haven't done your payment. But as financial institution, banks will remain here whether we like it or not.
11040  Economy / Service Discussion / Re: Earn Bitcoins on: August 03, 2017, 10:23:21 PM
Where can i read about signature campaigns and how that works and what it is?? I keep seeing this posted around as the best way to get into Bitcoin.

Are there any apps or things online to help me earn actual bitcoins? I am looking for obviously other ways to earn other than buying due to the large cost per coin at the moment. Any information here would be great!

Check this thead about signature campaigns.

https://bitcointalk.org/index.php?board=52.0

Why don't you go to trading? Or offer your skills then ask for bitcoin as payment?

https://bitcointalk.org/index.php?topic=1941106.0 ->> Thread for the which professional skill best for online income.

I think you need to familiarized yourself about how bitcoin works first, before trying to get your hand on earning it. You can also go around the forum and check other thread that may help you as well. We don't like spoon feeding. There are no shortcuts in earning bitcoin. You need patience and hardwork.
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