Bitcoin Forum
July 05, 2024, 01:58:08 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 [57] 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 »
1121  Bitcoin / Bitcoin Discussion / Re: Microsoft Removes Bitcoin on: January 16, 2018, 09:53:44 PM
I think Microsoft is the last company we want using it as a service. We want these huge companies to stay away

we do? why would we want that?


Because the Globalists don't like Bitcoin. They can't stop it, but they can absorb all of the coins to make the system unworkable. They have already introduced a futures exchange so that they can manipulate the market.
The futures exchange was always a trap in order to make people invest in useless pieces of paper instead f buying bitcoin since a raising bitcoin is a clear sign that things are wrong but I think at the end it does not matter after all buying bitcoin and selling it is not as difficult as buying and selling huge amounts of gold.
1122  Economy / Speculation / Re: DON'T PANIC. HOLD YOUR BITCOIN. on: January 16, 2018, 08:57:23 PM
Recently as the price didn't move forward panic prevailed among the user community and the same could have caused to switch to some other assets. Now slowly people might have started to return back towards bitcoin. This is all because of the market variations happening with regard to the inflow and outflow of fiat.

Why keep Bitcoin? I sold Bitcoin when it was more than 19,000 dollars, and now I'm buying Bitcoin and I expect it to grow.
If you did then you made a really good play since you sold almost at the top which means that you timed the market perfectly and that almost at any price that you buy you are going to get more bitcoin than the one you sold, I would like to do that but I'm a terrible trader.
1123  Economy / Economics / Re: Effect of Bitcoin on Bank Deposits and the Economy on: January 16, 2018, 08:53:57 PM
Say cryptocurrencies take off and people hold more of their savings in crypto instead of bank deposits. Currently everyone's savings is in bank accounts which is being lent out to businesses and hence stimulating the economy. What is going to happen if bank deposits drastically decrease?

On the one hand, maybe it will not have much effect on the economy because since lending will become tighter, businesses will need to justify the loans more (vs. if there is easy access to money) and will create stronger proposals. On the other hand, could it have a detrimental effect on the economy?

I do not think that bitcoin will have a negative effect on the banking system, which will lead to a reduction in bank accounts. Just people will use bitcoin as gold as an asset to multiply their money.
It will have a negative effect believe me, that is why they are against bitcoin, bitcoin can suck an almost unlimited amount of money and that will be money no longer in the fiat system, governments will print more money but this is going to create inflation and more people will put money in bitcoin.
1124  Economy / Economics / Re: France declares war on the cryptocurrencies on: January 16, 2018, 08:11:20 PM
I read on news that

"The French finance minister has called for tough new regulations on cryptocurrencies to stop them being used to dodge tax or finance terrorism and other crimes"
Source ( http://metro.co.uk/2018/01/15/france-declares-war-cryptocurrencies-bitcoin-ethereum-litecoin-ripple-tough-new-stance-lead-ban-7231339/?ito=cbshare)

Is this having any impact on the downtrend nature of the whole Crypto Currency market today?
Are some investors having second thought about crypto and selling them?

Would like to get some idea about this.


I do not know if this is the reason of the recent decrease I the price, but it has been obvious for a long time that a war against bitcoin is coming, but the problem is they do not have a way to completely destroy it and I'm sure they understand that, they are just trying to avoid mass adoption.
1125  Bitcoin / Bitcoin Discussion / Re: If war happens. Bitcoin will produce what effect? on: January 16, 2018, 03:50:10 AM
Unlike other currencies, the guarantee of bitcoin is that of people who own bitcoin. What happens to bitcoin in the event of a war?
It depends on the scope of the war, if the war is a local one then bitcoin as a whole is not going to be affected since bitcoin is a global currency, however if the war is global and governments begin to use all their weapons things can get ugly and the world as we know will change, so it is possible you will not have any use for your bitcoin.
1126  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Sell or hold bitcoin cash ? on: January 16, 2018, 03:34:58 AM
I would hold, as I think bitcoin cash will eventually rise to new all time highs, especially with the support of such influential figures.

Indeed, as a holder of Bitcoin Cash I do believe that it's for a long-term investment and my Bitcoin Cash coins will stay on my wallet for a year or a couple of years.
Holding this coin for a long term makes you rich after a couple of years or even a decade.
I do not know the whole selling point of bitcoin cash is to have lower fees compare to bitcoin, right now that is true but what it is going to happen when that changes and bitcoin has very cheap transaction the whole point of bitcoin cash will not exist and it will crash.
1127  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it safe to participate in ICO's? on: January 16, 2018, 01:59:48 AM
You must understand that all projects that promise big profits are very risky. Therefore invest in ICOs only the money that you can afford to lose. But I know from my own experience that it is possible to earn very well with IСO investments.
The issue is that most people want to obtain huge profits and this means they begin to throw their money to some of the most weird projects, this is why we have seen regulations coming to icos and while I do not like regulations the ico market has gone out of control.
1128  Economy / Speculation / Re: Why Some Speculating Bitcoin To Crash? on: January 12, 2018, 10:23:57 PM


I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even  $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

Are you expecting Bitcoin to get so low once it crashed?
Some people just love to spread FUD in fact there are even some users in the forum that do nothing more than that, it is like trolling, to many of us that does not make sense but some people just love to be a nuisance to others and there is nothing we can do about it.
1129  Alternate cryptocurrencies / Altcoin Discussion / Re: KFC releases Bitcoin Bucket on: January 12, 2018, 10:21:26 PM
KFC releases Bitcoin Bucket

Not yet a day has passed since the company KFC announced the release of Bitcoin Bucket in Canada.

As they say on the official website, the batch will preserve the classic recipe, and delivery will be made only within Canada.

Also on your page in Facebook KFC report: "KFC Canada is representing Bitcoin Bucket. Of course, we do not fully understand what Bitcoin is and how it works, but it can not become an obstacle between you and the delicious chicken. "

More
This is good news the only downside is that this is only available in Canada but lets hope this becomes available all over the world in the next rays, if enough of these business adopt bitcoin then we could use bitcoin to buy food anywhere we go which is going to make travel with bitcoin way easier than before.
1130  Economy / Trading Discussion / Re: PayPal for Physical, Local Goods Is Still Unsafe, Right? on: January 12, 2018, 10:12:44 PM
I have posted some AvalonMiner 741s on craigslist and immediately started getting offers to that they would pay in full via PayPal in advance if I was willing to ship. The first one didn't raise my eyebrow. The second said they would also prefer PayPal and would add an extra $250 if I was willing to do so - which smells wrong.

I know about the PayPal reversible scam for selling BTC (and was burnt by it selling cloud mining contracts a few years back), but wasn't aware about a way to do this for physical goods transactions - but my sense is that they can get chargebacks via PayPal somehow even after I pull the cash out of my PayPal account. True? Can someone please confirm for me that the PayPal is safe or unsafe for these in-person physical goods transactions?


P.S. I asked both to switch to Coinbase and send payment via BTC or Ethereum address and one went silent and one is giving all the excuses of why they cannot use anything but PayPal.
Paypal fraud is something incredibly common, I have not sell anything on ebay but a friend that tried that told me that was very common, people will try to make it seem as if you did not send anything or that the product was not what they were expecting so be careful when selling for paypal.

This seems a thread more suited for the marketplace/goods/computer hardware section or maybe the mining/hardware section of the forum or maybe even the service discussion section.
1131  Economy / Marketplace / Re: Turning crypto into fiat or is that even nessesary anymore! on: January 12, 2018, 10:08:48 PM
When you make large profit from cryptos, you should convert some of its profit back to fiat - just for risk management reasons and to reward yourself

For example: you bought 5 BTC at $1000 each. Now it's $14000/BTC. you already make $65000 profit hypothetically. Convert some BTCs (like 0.5 or 1 BTC or something) back to fiat so you can buy some nice things in real life. The rest you can keep in crypto. That's how I do it
A good strategy is to withdraw your original investment that way if something happens you are not going to lose your investment and from that point on everything you get is going to be profits, that seems like a good option to me you basically get a chance to make money for free.
1132  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I have only 200€ to invest on: January 11, 2018, 07:37:30 PM
Hello Im new on this forum, can you help me to choose good coin for me? I have only 200€ to spend, I was thinking about ETH/LTC but is it worth when I have only 200? Or should I try my luck with something cheap.
With that amount of money you cannot expect to make a lot of money investing in those coins, you are better off investing in something cheap look for coins that cost less than 50 cents per coin, look at all the coins and find the best for you, if you are lucky you may find a good project.
1133  Economy / Trading Discussion / Re: Number One Reason NOT to invest in Crypto on: January 11, 2018, 07:29:27 PM
Most of us have invested hard earned fiat money and time into trying to make gains in Crypto.  The recent price spikes have validated our enthusiasm for crypto.  We trade, invest long term, stake our coins, study, and wait.  What is really going on here?  

The entire crypto universe is being driven by thieves.  They steal coins from users and from exchanges.  Apparently there is nothing that can be done.  They are free to have their way and there is no limit to what they won't do.  That sounds a lot like taxation.  Criminals are driving crypto, and by investing in crypto, time and energy,  you are helping make rich, people who would steal everything you have and leave you to die in the street.   How many billions in Crypto have been stolen?  The thieves just stake and hold our coins, that they stole, and you still use the coin paying the network fees that go right back to the thieves that took your coins.  

You want sovereign money.  The last thing you want is money that is in a network.  Network money is a really bad idea. You will be robbed and then you will turn around and feed the ones who robbed you in the first place.  It's not right.  At least with fiat there are rules.  There are no rules in Crypto, and by the time rules ever do get put in place, if ever, the criminals will be at the top.

The scum rises to the top and all the idiots feed the filthy greedy children, that can't just invest in a good coin like everybody else.  Their mantra is "Me Me ME!!!"

Just because you CAN hack someone's computer and steal their passphrase, doesn't mean that you should. But apparently their are no repercussions, no laws, no rules, no honorable men, so the jackasses continue with their malware and trojans and you know what?  Fuck it.  I'm out.  I would rather have fiat in a real bank than this bull shit.  

These were my coins.  ARDOR-HKCS-V6N8-FH7T-A3SLF  Worth about a quarter of a million dollars on the day they were stolen by someone who hates his fellow crypto users.  He probably thinks he is real smart.   He will sit there and stake my coins and you idiots will reward his behavior by using this coin and giving his coin value.  

This jerk still has a chance to return the coins to their rightful owner, but why would he?  Does a piece of dog shit not stink?  Once you say goodbye to a conscience, it's gone forever.  There is no turning back.  You can go about your life thinking pretty highly of your self.  But the world knows the truth.  
Sorry for your loss but that is the risk with any currency, if you have a lot of money in a bank account that money can be stolen just as easily, the difference is that in the banking system if that money was saved you could get your money back but in crypto that is simply impossible.
1134  Economy / Speculation / Re: Would bitcoin's volatility drop when big institutions get involved in it? on: January 11, 2018, 07:26:59 PM
Is it true that the high volatility of bitcoin would drop when big institutions get involved in it as now we see big financial firms entering bitcoin market and wall street firms getting ready to do so?
The amount of money in bitcoin does not affect the volatility, bitcoin is just as volatile as ever, if bitcoin was worth 100k we will still see 40% drops in the  price in the matter of weeks the difference is that the amount of dollars won or lost at that stage will be enormous.
1135  Economy / Economics / Re: Effect of Bitcoin on Bank Deposits and the Economy on: January 11, 2018, 07:24:56 PM
Say cryptocurrencies take off and people hold more of their savings in crypto instead of bank deposits. Currently everyone's savings is in bank accounts which is being lent out to businesses and hence stimulating the economy. What is going to happen if bank deposits drastically decrease?

On the one hand, maybe it will not have much effect on the economy because since lending will become tighter, businesses will need to justify the loans more (vs. if there is easy access to money) and will create stronger proposals. On the other hand, could it have a detrimental effect on the economy?
The amount of money that banks can create will diminish, the government will need to begin to print that money to keep banks from bankrupting and this in return will create inflation and and a greater mistrust in governments and banks creating a self sustaining loop.
1136  Bitcoin / Bitcoin Discussion / Re: Microsoft Removes Bitcoin on: January 11, 2018, 07:22:26 PM
why Microsoft Removes Bitcoin as Payment Option for Microsoft Storew?
It was inevitable, I like bitcoin but with fees of 80 to 100 dollars then any transaction below 1000 does not make sense, even if you use a segwit address the fees are still high so this was going to happen sooner or later, we need the LN activated immediately to counter this.
1137  Economy / Services / Re: Bitotal Cryptocurrencies and Indexes Trading Platform --- Signature campaign on: January 07, 2018, 10:10:34 PM
All payments for this week have been made.
Please aware that btc and eth rate per post has been updated with actual prices of btc $16,500 and eth $1,000.
Usd price remain the same as of the beginning of this campaign.
New rates count immediately and will affect from next payment.
How come I did not got any payment when I made 18 post but in the spreadsheet it says I only made 7?
1138  Economy / Speculation / Re: DON'T PANIC. HOLD YOUR BITCOIN. on: January 06, 2018, 09:15:41 PM
Don't Panic.

HOLD BTC HOLD BTC HOLD BTC

This year, we came to the moon. target mars.
Are you serious? Bitcoin value now was in the flat line it means their movement is only little by little. I think it's better to sell our bitcoin for now and buy some alternative coins.

If you are a traders you will notice that most of them are running to increase, for example XRB from 6000 satoshi it will run up to 90,000 satoshi. But not all altcoins are growing up, because some of them are decreasing price like BCC and ETH.
I think you are not understanding, what being a holder means, we are not going to sell our bitcoin just because bitcoin is not moving much, if there are bad times you hold, if there is a flat line you hold and if the price goes up you hold, you only sell once you reach your target price.
1139  Bitcoin / Bitcoin Discussion / Re: What happens to your Bitcoin when you Die? on: January 06, 2018, 09:12:33 PM
Really interesting question.

Backup wallets/passphrases on an encrypted drive with instructions on how to use.

The encryption key would then need to be in your Last Will and testament, it could also be written in that said wallets are opened with all beneficiaries.

Depends how much you have really.
Do not make the mistake of not doing that just because you think you do not have enough bitcoin, we do not know how much valuable bitcoin could become in the future, right now one bitcoin is already enough to buy a car in the future you may be able to buy a house with it.
1140  Economy / Economics / Re: Can cryptocurrencies make physical money disappear? on: January 06, 2018, 08:55:19 PM
As we can see the cryptocurrencies are still being established in the knowledge, socialization and full utilization of humanity, could the cryptocurrencies cause the use of physical money to be eliminated, is this possible?
I do not think so, in my opinion what it is going to make money disappear is the way governments and banks have abused the power given to them by the people and that power is going to be taken away from them, they are going to try to avoid that but they are going to fail.
Pages: « 1 ... 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 [57] 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!