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11361  Economy / Trading Discussion / Re: how can i safe from scamer members.. on: March 29, 2017, 10:44:42 AM
Never trust a newbie for trading as almost most scammers newbie account to cheat other people. Dont trade with any one without an escrow. It is always safe to use escrow.
yes that are the good tips i think. if you really want to remain safe. you must deal with someone using escrow. you must also be careful while trading with newbie.

Agreed. Because a lot of newbie are just alt of others scammers as well. So they will try everything to scam people out of their bitcoin without you knowing it. I felt sorry for those who are already a victim of scams here, specially a newbie being scammed by a newbie. Just used for better judgement in making transactions. On the other side, there are also members here who built their trust because its really hard to build one, so they protect their hard earn trust here in our forum. So making trade to them is safe.
11362  Economy / Speculation / Re: Solid X ETF on: March 29, 2017, 09:43:26 AM
IT WAS DENIED

Order Disapproving a Proposed Rule Change, as Modified by Amendment No. 1, Relating to the Listing and Trading of Shares of the SolidX Bitcoin Trust under NYSE Arca Equities Rule 8.201

https://www.sec.gov/rules/sro/nysearca/2017/34-80319.pdf
Don't forget if we still have Grayscale to be accepted by the US securities, What do you think about that? Do you believe if that will be accepted by the US securities or Was it including on the ignore list of US securities?
Denied, denied and denied again, looks like Bitcoin ETF is not mean something for the US securities. 

It will be denied again and again for the simply reason that bitcoin is unregulated. So SEC thinks that they cannot protect the investors. And we also know that bitcoin market as currently structured is resilient to manipulation as well. The double rejection ends a months-long rally that pushed bitcoin’s value higher than gold. I think the SolidX rejection also affected a few percent of the price of bitcoin but not that significant though. And future bitcoin ETF application will be rejected as well.
11363  Economy / Speculation / Re: I will not Die Untill Bitcoin will reach at Least 50K on: March 29, 2017, 09:02:07 AM
etf denied we looking btc under 1000$ for sure
How can it be? Please be more specific about your prediction. It is unlikely to happen, dude. More people are interested in this cryptocurrency and there is no way for Bitcoin prices to drop below $1000. The prices are now above $1000 for more than a month and we all expect that the bitcoin prices will cross over $2000 this year

hmm, seems like bitcoin price is below 1000 now though.    

At least it seems bitcoin is re-stabilizing again, but there's a lot of uncertainty in bitcoin right now, so it's no wonder bitcoin price fluctuates heavily.

But because of its volatility that people can keep on getting profit, the fluctuative the bitcoin price, higher profit that they will get. But it is depends on the timing as well when you do the trading. And like its title said, most of people will not sell their coin soon because it will get higher of course. It is not a guarantee but still it worth to try
some time ago it had dropped prices but now the price back up. probably because a lot of people know that yesterday's time to buy, and now prices start rising again.

The price is above $1000 now, but yeah bitcoin price fluctuations is so common now that I'm not surprised by it. Yesterday when I was about to sleep it was green, but now its red. And we all know that recently a lot of FUD is spreading here in our community, so it is often reflected in bitcoin price as well. $50K may or may not be a reachable price in the future, but if there is more demand for bitcoin in the horizon they maybe you will see that price and hope you are still alive.  Grin
11364  Bitcoin / Bitcoin Discussion / Re: I think the potential of BTC is over on: March 29, 2017, 08:28:13 AM
I'm getting tired of seeing this kind of thread everyday. Bitcoin is still above $1000, what kind of potential for bitcoin is the OP looking? Are you looking for $1500 price and say that bitcoin is no. 1 crypto? Bitcoin has far face challenges before and still survived. I thought the level of FUD has minimized, but somehow there are still on it everyday spreading the same lies. I'm just shaking my head and ask myself the question, what purpose they really want in twisting the truth.  Shocked
11365  Bitcoin / Press / [2017-03-29]Why Canadian Companies Unanimously Rejecting Bitcoin Unlimited on: March 29, 2017, 04:58:24 AM
Why Canadian Companies Unanimously Rejecting Bitcoin Unlimited

Leading Canadian Bitcoin companies, service providers and economic node operators have come to a consensus to reject Bitcoin Unlimited.

The vast majority of the Canadian Bitcoin market and industry believe that Bitcoin Unlimited as a contentious hard fork shouldn’t be executed or forked for various reasons. Major companies including Honey Badger, Bitcoin PoS and Opendime manufacturer Coinkite and Bitcoin broker Yuri Yerofeyev stated that Bitcoin Unlimited goes against almost every criterion of a healthy and beneficial hard fork.

Similar to the statement of Bitcoin wallet Armory lead developer Andrew Chow, better known as Goatpig, the Canadian Bitcoin Embassy explained that Bitcoin Unlimited is being rejected by the industry for the following six reasons: 1) unpredictable hard-fork activation and disruption of business processes, 2) remote shutting down of nodes leading to unavailability of funds, 3) replay attacks leading to loss of funds, 4) reorganization back to original chain leading to loss of funds, 5) unpredictable increases in network resources leading to increased operational costs, and 6) spontaneous network splits due to varying block-size configurations across the network.

Bitcoin Unlimited is not a viable solution

For both technical and economic reasons, Canadian businesses have emphasized that Bitcoin Unlimited shouldn't and will not be forked, despite the threats of some miners that shared their plans to launch a 51 percent attack on the Bitcoin Network to fork the Bitcoin Unlimited software.

To protect the brand of Bitcoin, Francis Pouliot, the CEO of Satoshi Portal and Director of the Bitcoin Embassy, who released the joint statement on behalf of the above-mentioned Canadian companies, stated that Canadian businesses will refuse to integrate the token of Bitcoin Unlimited (BTU) in their products and services, refrain from listing BTU even as an alternative cryptocurrency and will not enable trading of BTU.

Canadian businesses are taking a different approach toward Bitcoin Unlimited and the small probability of the software being forked. Even in the event that Bitcoin Unlimited is forked and BTU is introduced to the market, they will not allow the trading of BTU and doesn’t plan to consider it as an altcoin.

Most global Bitcoin exchanges including Bitfinex, Bitstamp and BTCC have clarified that if BTU is released, it will be credited to users and open for trading on their platforms as an altcoin, a currency separate from that of the Bitcoin network’s BTC.

However, Canadian businesses simply don’t perceive Bitcoin Unlimited as a part of the Bitcoin network any longer due to the principles of the software and its development team that conflicts with that of Bitcoin.

In addition, Pouliot and the Canadian Bitcoin market encouraged others to clarify their stance on hard fork contingency and reassured users of Bitcoin that the digital currency will be stronger than ever after moving past this point.

Pouliot said:

“We believe that Bitcoin will emerge from this period of contention and controversy stronger than ever. We remain committed to facilitating the adoption of Bitcoin, providing value and usefulness to our users’ Bitcoin holdings and to contributing constructively to the Bitcoin ecosystem. We encourage economic nodes all around the world to make their stance clear and to assert their role as core components of the global Bitcoin consensus.”


https://cointelegraph.com/news/why-canadian-companies-unanimously-rejecting-bitcoin-unlimited
11366  Economy / Speculation / Re: Say bye to Triple Digits on: March 28, 2017, 03:33:41 PM
Now we are back to $1000+, but we will see how long it lasts. Big moves in the altcoin market, millionaires have been made in the last few days. Big big pumps in a couple altcoins. The HF FUD is being used for that.

Last time I checked btc is above $1000 and ETH is down. Alt-coins market beginning to feel the dump and in a matter day, btc market price will rise again. Maybe HF is being used by a lot of FUD last couple of weeks as evident of a lot of threads here in our community. But it also look likes it is almost over for now because HF will not push through just yet. So bitcoin price is soaring. We just need to be watchful though, as we don't want btc to be pump by big whales then ran again to alt-coins to gain profits. We just need to hold on our bitcoin and see where it will take us in the near future. 
11367  Economy / Gambling discussion / Re: 2016/17 NBA Season on: March 28, 2017, 03:00:41 PM
I've just realized that the Cavs are not top seeds anymore. Celtics have taken over the top seed now and will be interesting to see how things go from now on with playoffs just around the corner.

Yeah. They ranked down right after they lose to spurs because they are tied with boston but they are on lose streak, they will take over it again once they won their next match because they still have more games left than boston. I hope that they will win on their next match, wish to get well sonn Lebron
Cavaliers are too confident and maybe they think that they can easily beat whatever team they will face in the east, in the past we have seen that teams like Atlanta, Boston,Detroit, and Toronto cannot compete well with the cavaliers as Lebron will be beats in the playoffs. However, this season is different and teams like Boston and Toronto has been playing well lately and they are motivated to beat the best team in the east or shall we say the depending champion, also I see the Washington Wizards as a threat for the cavaliers also, both boston and Wizards are a good 3 point shooting team.

I don't think Cavaliers are too confident as this stage. Its just a combination of poor defense, injuries (Love and Smith) so Lebron and Irving had to carry their team. Remember Lebron is not getting any younger, so he need some rest also because he is pretty worn down right now eventhough he said that he feels great. But being the no. 2 seed right now will fuel the competitive mentality of Lebron and will spark his team to reach the no. 1 seed again.
11368  Bitcoin / Bitcoin Discussion / Re: How today was my last btc transaction. on: March 28, 2017, 02:30:34 PM
I would say that you think twice before leaving Bitcoins. I mean, there are problems and nothing is perfect, slw confirmation could realy be annoying but this all can be solved. You can also have problems with your bank account or credit card but you will not quit them just like that, right. But the good thing in your story is that you leave gambling, you will save a lot of money.

Well, I got my bitcoin in less than 1 more than the previous week. And I send someone btc in a few minutes as well. So basically, it was smooth on my end, whether receiving or accepting it. So its a good experience for me overall. However, even if my transaction got confirmed later, I will still used it still as my mode of payment. Remember, it was designed for micro-payment as well so it will still go for me. I haven't check the mempool lately so I don't know if there are still a lot of network transaction backlog though.
11369  Other / Beginners & Help / Re: Encouragement for Beginners in Bitcoin on: March 28, 2017, 02:01:43 PM
You need to learn about bitcoin, there is so many things that can be achieved from bitcoin that still hidden, to encourage you, you can see the price chart from last year and this year the price has been go up really quickly and there are a lot of way to earn from bitcoin, the more you gain knowledge the more you will enjoy earning from bitcoin

It's been recovered. Now the value is 1054$ and do not sell your bitcoins immediately as thinking we reached to peak value. Still value is in scratch on as satoshi speculates. Now signature earnings turned so low value in most of the campaign. Therefore, do trading, lending or any coin designing services to make decent income every month.

Yes it has recovered from previous week panic selling because of FUD. For me if you really want to profit, don't rely on signature campaign to earn btc. Instead used the btc you earned from it so do trading. Just remember that there is risk in doing trading so just be careful and invest want to can lose. As you gain experience from it, you can increase your investment to profit more. And if you can stay from gambling, then much better. Because you will lose in gambling.
11370  Economy / Economics / Re: Why Bitcoin if Doomed on: March 28, 2017, 01:39:41 PM
There are a max of 21 million bitcoins. lets assume 5% of those are lost to forgotten addresses or other accidents. We now have 20 million coins. At a price of $1,000 per coin, that is 21 billion USD as a market cap. You cannot have a currency with such a low, irreversible cap. I do not see a future for BTC unless it rises to $100,000 per coin, which is unlikely
 Thoughts?

your logic is so funny!

price only changes based on adoption in other words demand. and the current demand is around the $1000 price and more.
being a currency has nothing to do with the price, you can still use bitcoin even if its price is 1 cent just like that guy who used 10000BTC to buy a pizza.
the more people use bitcoin, they increase this demand and increase the price over time.

Exactly. Just a simple supply and demand dictates the market price of bitcoin. That is why it is so important for bitcoin to be mass adopted globally, so meaning more is demanding about bitcoin, the higher the price of bitcoin will be. Yes, $100,000 per coin maybe beyond possibility, we don't need that kind of market price, what we need is just around $2000 from the current price to really see the value of bitcoin. Investors, common users, merchants etc will reap the benefits once we got to $2000.
11371  Other / Politics & Society / Re: Renewable Energy on: March 28, 2017, 01:03:50 PM
Nuclear energy is more clean, but the problems are in the event of an accident. Remember Chernobyl and Fokusimu. On the other hand there is a problem with storage of radioactive waste.

How many people died in Chernobyl and Fukushima? The numbers are only a small fraction of those who die every day from the pollution from coal-fired plants. And now technology has also progressed. The chances of a nuclear accident is near zero.
Yeah, probably. From those fatal cases, there are certain solutions invented now that would definitely increase the safety of nuclear plants, I just hope mother nature wouldn't intervene.
,

Yes. They have invented more safety measure after the fatal Chernobyl incident, however, my question is, have we learned our lesson from the accident that will prevent us from future devastation again? For me, we need some courage to really think that phasing out nuclear power and replacing with renewable energy source to reduce somewhat the risk of nuclear proliferation globally. Because radiation that releases from nuclear accidents affects future generation so reducing them also help our children's children and the next generation of humans on our planet.

11372  Bitcoin / Press / [2017-03-28]BitBond and Bitpesa target P2P loans for African Businesses on: March 28, 2017, 09:02:43 AM
BitBond and Bitpesa target P2P loans for African Businesses

Bitbond and Bitpesa recently announced a new initiative offering small business loans to Kenyans, Nigerians, Tanzanians, and Ugandans. In a bid “to improve access to financing for SMEs in Africa,” the move allows Bitbond borrowers in the four countries to “withdraw loans into their mobile money or bank account in as little as 20 mins,” according to Bitbond’s announcement.

The partnership connects borrowers in Africa with the German peer-to-peer (P2P) lender, Bitbond, using their mobile phones. Bitcoin-based mobile payments provider, BitPesa, provides the loan within minutes.

“This means that a small business owner from Kenya can receive loan funding from investors from all over the world via Bitbond.”

- Radoslav Albrecht, Bitbond Founder & CEO

Calling itself “the first global marketplace lending platform for small business loans,” Bitbond has been offering P2P lending with bitcoins since July 2013. The growing business connects individuals and fixed-income investors from around the world with small businesses, and claims the title of the very first German regulated financial services provider that uses blockchain technology.


Full Read Here: https://bravenewcoin.com/news/bitbond-and-bitpesa-target-p2p-loans-for-african-businesses/
11373  Other / Politics & Society / Dubai has world's fastest police car -- and it can go 253 mph on: March 27, 2017, 08:02:07 AM
Nowhere else in the world can you hail a police car and snap a selfie with the driver.

Nowhere else in the world is that police car likely to be a Bugatti Veyron, Ferrarri FF or Lamborghini Aventador. This is Dubai, where the police force has just been presented with a certificate by Guinness World Records for having the world's fastest police car in service -- a Bugatti Veyron -- just one of its 14-strong fleet of supercars.

A fleet of luxury supercars may sound outlandish, but it fits perfectly with the ethos of Dubai.

In a city where to turn heads your Bentley or Rolls Royce needs to be wrapped in gold, it seems normal for the police force to have a suite of supercars at its disposal.

The fleet includes a bespoke Aston Martin One-77, of which only 77 were ever built, a Bentley Continental GT, three hybrid Porsche Panameras and two BMW i8s.


http://edition.cnn.com/2017/03/24/autos/dubai-police-supercars/index.html
11374  Bitcoin / Bitcoin Discussion / Re: Are bitcoin gambling games prepared for an upcoming hard fork? on: March 27, 2017, 07:25:33 AM
I don't think this will really affect the gambling sites, though they might adop the hard forked coins in their casinos when it happens. For sure they would wait whether it would be a good choice to do it if there are plenty of gamblers willing to use the hard forked coins. Though, I think it will not supplant bitcoins right now.

There's nothing ever going to replace Bitcoin, they are just perusing delusion and I wish them all the best. The so called hard fork is not going to have any impact on gambling websites as their coin will struggle to gain the popularity and trust that Bitcoin possesses. It will be difficult to adopt in the first place let alone succeed in the cryptocurrency markets. It's dead on arrival!

Gambling site don't care if there is a hard fork in the future. And they want is to profit. Bitcoin or alt-coin will be accepted. Gambling business has benefited from bitcoin as mode of payment and will not easily give it up. Maybe they are just monitoring behind the scene and will just update their payment method as what have others suggested. Other than that, they are just sitting there, watching their wallet grow and profit from those gamblers lossing their bitcoin. Grin
11375  Economy / Economics / Re: Want to Be a Millionaire? Two Main Rules of Bitcoin Investing on: March 27, 2017, 06:41:24 AM
Time of cheap BTC is far gone, just look at the recent infighting, before the price would have suffered great but now no. If BTC reach $10,000 that is just 10X return when compare to over 2000X return some early adopter hit. What I do is to hedge my BTC profit in possible next big thing in Crypto and possibly some of them will hit 100X return in coming years for investors

I disagree personally as people could still buy bitcoin at the moment, the all time high was 1300$ but now we are down to 950-1000$ so anyone in the bitcoin community could actually see the real potentials of BTC and when we are done with the SegWit and BU debate and what to activate etc... I'm pretty sure It will be just a matter of time until we reach the moon.

Exactly mate. You could still buy bitcoin now and made profits in the long run. We do not need to emphasize the potential of bitcoin to gain profit, its all over here in our community. If you still haven't seen it then it will be your lost. At the current price of $970 and you buy it then bitcoin price rise at the steady $1100-1300 then you already profit. Only thing with bitcoin is you have to invest in the long term, to fully maximize its potential and your profit. Forgot about the BU vs Core drama, it doesn't matter, bitcoin market price will rise soon and we will see $1500-2000 at the end of the year.
11376  Bitcoin / Press / [2017-03-27]Why the European Union is Against Anonymous Digital Currencies on: March 27, 2017, 01:36:59 AM
Why the European Union is Against Anonymous Digital Currencies

In a recent announcement, the European Parliament (EU) released a new directive related to the anti-money laundering (AML) issue that focuses particularly on digital currencies, even if the EU considers it to be marginal but with a possibility to increase in the future.

AML vs. freedom?
The EU Directive 2015/849 - that requires Compliance by June of 2017 - wants to avoid potential money laundering. This is the fourth to address this issue, with the first directive enacted back in 1991.

The EU’s definition of money laundering has been changed among the different directives and the latest one is focused on Bitcoin and digital currencies with the goal of a new regulation for wallets and cryptocurrencies admins.

From this perspective, it is impossible not to link this directive to the continuous wrong association of Bitcoin to illegal activities.

As I wrote in a recent article, can regulation be a good answer to AML-related issues? Regulating or being afraid of something because it might be used for illegal activities is like blaming fiat currencies because they are used to buy drugs or weapons.

Сash money and digital currencies, in fact, have a few characteristics in common, especially if you consider their anonymous status. And AML existed even before cryptocurrencies.

Anonymous digital currencies
One of the major cryptocurrencies benefit is its free and anonymous status, considering that they are not controlled by any central bank and that transactions are executed through encrypted systems thanks to the Blockchain.

Also, we have to say that Bitcoin is not so anonymous as most people believe; instead we can say that ZCash and Monero completely hide their user’s data.

That said, the most recent directive issued in July indicates that digital currencies "don’t possess the legal status of currency or money" and "cannot be anonymous."

The EU went on to say:

“The credibility of virtual currencies will not rise if they are used for criminal purposes. In this context, anonymity will become more a hindrance than an asset for virtual currencies taking up and their potential benefits to spread. The inclusion of virtual exchange platforms and custodian wallet providers will not entirely address the issue of anonymity attached to virtual currency transactions, as a large part of the virtual currency environment will remain anonymous because users can also transact without exchange platforms or custodian wallet providers. To combat the risks related to the anonymity, national Financial Intelligence Units (FIUs) should be able to associate virtual currency addresses to the identity of the owner of virtual currencies. In addition, the possibility to allow users to self-declare to designated authorities on a voluntary basis should be further assessed.”

Full Read Here: https://cointelegraph.com/news/why-the-european-union-is-against-anonymous-digital-currencies
11377  Bitcoin / Bitcoin Discussion / Re: RIP Bitcoin, better luck next time on: March 26, 2017, 05:17:32 PM
There have been a dozen of "finaldecline" and BTC is always, stronger each time. A fork is a potential issue, but ETH who suffered for a year seems to take "M.E.G.A.". (Make Eth Great Again) Tongue
To avoid a period of stagnation and the risk of the currency split, it would be better that they do not fork no concerted, and above all that there was no fighting. But anyway, it will survive. the danger for the BTC is elsewhere,

LOL. BTC is green again almost $1000 and ETH is red. So how do they say that RIP bitcoin? Bitcoin is rising again sorry to tell OP. Looks like its time to panic buying of bitcoin. Bitcoin has been crucified more than Jesus Christ but risen from the dead. The whole BU vs Core has diminishing effect on bitcoin price and Segwit has gained some momentum in their favor. A few weeks or months and we will see the price already at $1300 again. So go back and buy bitcoin and make good profit instead of spreading FUD here.
11378  Economy / Speculation / Re: price went up, opportunity to buy cheap is now lost on: March 26, 2017, 04:42:44 PM
Nice to see Bitcoin starting to recover, yesterday the price of BTC is pegged at $940 and today its starting to pick up and touched $1,000 level again a few minutes ago at preev considering that today is still considered a weak end. Lets wait till Tuesday if we can see a continued rally till it recovers to at lsast $1,100 USD.

But still a good buy IMHO. Right now its almost $1000. Yesterday was worst though at $930-$940. But again, I still believe that $1000 is a good buy and you will see profit in the next couple of week. I think FUD is still there, but has limit impact now compare to last week that every FUD you hear reflects a price drop on bitcoin market. So for those that don't panic and hold on to their bitcoin, I think they are going to profit for the next couple of weeks or months because I believe that bitcoin price will still rise again.
11379  Economy / Economics / Re: Reason why you should Buy bitcoin now on: March 26, 2017, 04:08:05 PM
at this stage it is better to wait and watch till bitcoin hard-fork or segwit decision is taken and implemented. Till then move your bitcoins from online wallet to desktop or hardware wallet whose private keys will be with you.

There is a big storm coming soon, and something will happen to bitcoin with all this argues around. Now its big risk to buy bitcoin that is true, but I have one conspiracy theory, do someone manipulate with markets? Bitcoin is going down, few alts are way up?! Will this alts go down, and bitoin back up? People who makes this manipulations can earn a lot from buying and selling before something actually happens, that means one group will earn from this and many others will stay short.
It already done that big storm comming on bitcoin the price already in the range of 900 dollar per coins this is the right time to buy bitcoin YES i already bough some bitcoin to hold them till the price pumped again. They can't manipulate the price of bitcoin. When bitcoin price down altcoin price has a 100% potential to increasing this is what i learn upon observation.

Bitcoin almost at $1000 now. So I think we must still buy bitcoin at this price and still earn a good profit when it increases again in the next couple of weeks. Bitcoin investors already realized that bitcoin is a better investment now so buying is continuing. Maybe those who have panic before and sold their bitcoin is buying as well.  Grin Looks like the all BU vs Core drama and the hard fork is over and they are just waiting to see what whould happen in the future.
11380  Other / Politics & Society / Re: Negative effects of technology on: March 26, 2017, 09:28:41 AM
As good as technology is meant to be, as regards your illustration above, it has alot of negative effects on the young ones.
      Socially, many are lacking a good social life due to isolation and concentration on technological devices i.e not knowing how to relate properly with friends.
      Psychologically, many of them have been exposed too early to what is above their ages online. i.e Porns, how to load guns and kill...and much more.
     Physically/health wise, a child sitted for hours playing games would easily be exposed to neck pains,back and head aches, eye issues and much more.
 a lot can be said but a few by me.   

Valid point. Children will grow up with technology usually don't have a social friends. Only friends of facebook or other social media sites. So this is detrimental for a child growing up. They should at least have friends that they can talk to and learn or relate experiences of growing up. Physical health wise is also has effect on children as you mentioned. Not just by sitting, but some kids prefer to used their gadget lying around. So I think that is also dangerous for them. No physical outlet, just sitting and lying almost all hours of the day.
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