Either is the answer. Bitcoin is here to stay so the earlier you buy in the better. Regarding the forks though, if you want to make a little extra free cash then I’d say before. Although the price slumps slightly, you end up with a wallet containing free coins (like BCH and BCG) which you can then sell before watching BTC rise to pre-fork values again. It’s basically a win win situation.
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Really nice piece. What did this end up selling for originally? Shame there weren’t more released as the limited number will surely maintain these having a pretty hefty price tag with not enough to go around.
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The problem with all forks is that not everyone will accept it. Bitcoin was the pioneer that was universally accepted because there was no alternative. Now because people want to make certain changes and improvements but can’t seem to come to a general agreement about the changes, we keep seeing new coins that don’t mean much being brought to market. Yes this (BitcoinGold) may have more support than other alts but at the end of the day it isn’t BTC and won’t be seen as it’s replacement either.
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Looking forward to working with you guys. This looks like its going to be a really interesting and promising project!
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This "degradation" of the holograms for the first batch of 10 LTC coins (aka "error" coins) may have this issue. It is an issue that was unforeseen of course as no one had ever created bulgy physical crypto coins with holograms. The issue doesn't appear to manifest itself until months if not years later. Could be also related to alternating temperature increases and decreases that causes the hologram to degrade because of any trapped air under the hologram expanding and contracting (just a theory).
Some of my own coins in my possession have displayed this issue of degradation due to the gap the bulge induces on the hologram.
All of my other coins that have the recess in the metal have not displayed this type of degradation.
The specific area this is affected is only in the middle where the paper private key exists which causes the bulge. The outer areas have not in my knowledge had this issue even with these coins.
I've had one such customer ask me about this in the past.
If you are worried about coins being tampered with or not sure of the state of such a coin you could always request that the coins be sent to you while funds are held in an escrow until you are able to physically check for yourself that the coins are indeed not tampered with before releasing payment to the seller.
This is the responsibility of course of any buyer of physical coins to know the possible risks associated with physical funded crypto coins.
Hope this helps.
Thanks for replying and clarifying. I was just curious as none of my 1st batch coins showed any such degradation. Maybe I have the cold UK weather to thank Anyways, thanks for the help. Much appreciated as always
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Some of mine show this problem. Some worse than others. I had been meaning to post about it These are the so-called "error coins" from the first batch, where there is no relief in the metal coin for the key paper to rest in, which makes the hologram sticker bulge a bit. The deterioration appears to be worst at the edges of the bulge.
Well I guess that explains it then. Thanks for clarifying. It’s interesting how much of a difference a little recession on the coin makes
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Damn, I have never seen untampered holograms with the firstbits visible multiple times like that*. The hologram looks 100% authentic, but I can't say that hasn't been messed with. Though we should be seeing more of a honeycomb pattern on the rest of it if it was tampered with.
Let's get some more opinions.
*On some casascius coins, you sometimes get one clear row of firstbits with a partial second line visible - but not like that.
If the firstbit paper wasn’t aligned correctly or moved out of position when applying the hologram it would be normal to see more than one firstbit line (that’s why they print more than one in lines above the other). But I’d assume that you’d only be able to see it through the transparent window. Here it seems as if the firstbit have appeared through solid parts of the hologram itself... Except there appears to be gaps in the those solid parts. This doesn't look peeled: But it certainly doesn't look right either. It may be some kind of degradation... I had some Ravenbits that had similar hologram problems around the 1st-bits area... There are pics of them somewhere in this section..... Possibly, but nobody else has come forward to report of such degradation. I’ve had quite a few 10 LTCs pass through my hands and none had any degradation of that kind. This seller is selling 3 of these coins that all happen to have it to a similar extent.
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Damn, I have never seen untampered holograms with the firstbits visible multiple times like that*. The hologram looks 100% authentic, but I can't say that hasn't been messed with. Though we should be seeing more of a honeycomb pattern on the rest of it if it was tampered with.
Let's get some more opinions.
*On some casascius coins, you sometimes get one clear row of firstbits with a partial second line visible - but not like that.
If the firstbit paper wasn’t aligned correctly or moved out of position when applying the hologram it would be normal to see more than one firstbit line (that’s why they print more than one in lines above the other). But I’d assume that you’d only be able to see it through the transparent window. Here it seems as if the firstbit have appeared through solid parts of the hologram itself...
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Bitcointalk Username: AT101ET Rank: Legendary Current post count : 2531 (including this) BTC Address: 1AVUiW2XQCXavhkt6xmpvcgZrnrQ1qHfrY Wear appropriate signature: Yes
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I don't think any shipping services accept BTC as a payment method. There is a re-ship company called Shipito that accept BTC for their service. I don't know if they deal with Norway though. Your alternative would be to find a member on here who lives in Norway/Europe who'd have the items delivered to them and then reshipped to you. GL
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The legality of bitcoin depends on who you are, and what you’re doing with it.
There are three main categories of bitcoin stakeholder. Someone may fall under more than one of these categories, and each category has its own legal considerations.
Is good legal? Owning gold, trading gold and mining gold all have different legalities. How much tax do you need to pay when buying the gold? What trading regulations are there on the markets? What are the legalities involved with mining on certain sites and the security offered to miners etc. Bitcoin is legal. Trading Bitcoin is legal. Mining Bitcoin is legal. There may be different legal standings in terms of what can and can't be done with it and how much tax one needs to pay on any gains, but at the end of the day Bitcoin is legal. Whichever way you look at it.
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I like your eagerness and enthusiasm about this but I think there's a slight flaw in the business model. As far as I am aware, there are no airlines that accept BTC as a payment method. How then are you going to create this directory for multiple cities? Once you start expanding the realm of your definition of companies that accept BTC you'll find yourself having to include debit cards that are linked to crypto wallets which would render the site slightly impractical. I'm curious how you'd avoid this..
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Te coins themselves are worth xBTC. Selling them now would only enable you to profit on the premium in BTC which would be greater now than it would be then (after the fork) if the price of BTC were to rise as a result of it. Personally I don't see the need to. The coins are wallets themselves so post-fork they'd have the value of BitcoinGold added to them which would add to the BTC price if you chose to sell after. So in short, I'd advise you to keep them and if you want to buy more BTC now then by all means go for it.
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Your description seems to be lacking all the main details. There's no mention of any of the specifics and more importantly what your mining model will be. You need to put in a better attempt to even be considered seriously. Your site is unprofessional and doesn't include any more information than this post (if anything it has less). You really need to give this a serious think over.
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Persoanlly I wouldn't pay it. Write up a report (can be a word document) clearly explaining the full story. Be concise and clear. Don't write long paragraphs but still try and illustrate everything that happened. Include screenshots of the LBC conversation and transaction as well as a screenshot showing that the BTC was sent (to the buyer). That should be enough. From a legal standpoint you fulfilled your end of the transaction. They (PayPal) may try to continue sending you debt collection letters but nothing will really come of it. The only thing they might do is put an address or IP block on you for creating new PayPal accounts. But even then, there are still ways of getting around being blacklisted.
Edit: You don't need to mention you buying NLC2. Just show that you were selling Bitcoin and that you fulfilled your end of the deal. PayPal may still refuse the case since they don't offer seller protection to cryptocurrency sales but I don't think you'd 'have' to pay the debt collectors.
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Could somebody please elaborate on why is this fork happening? i'm relatively new to the scene and i was looking for information about the bitcoin cash fork and most of the people said it was going to be a shitcoin and i think the opposite happened, its sitting now at $324, above ethereum which is worth $301.
So is it possible the same thing occur with bitcoing gold?
Nobody specifically said that. It had too much backing and hype for it to be considered that. The only thing people said was that it wouldn't be able to replace BTC which is what it was intended to do. However, it wasn't a failure in its own right. BCH still sits at one of the top positions in terms of market cap. The new fork might impact the price of BCH too but time will tell. We'll just have to give it a few days to see the immediate affects.
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The concept is nice and your site has a nice simplistic design about it. The only thing I would change is the ICO listing page. Maybe add some colour or images because too much plain text can be an eyesore. On to the more important points, how do you review the ICOs? What background checks are done? I'm still waiting to receive mine via mail which leads onto my next point. Make all the reports available online. Having to have them sent to your email is a little inconvenient and unnecessary.
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The hard fork's impact won't be known until it happens. BCH didn't really impact the price significantly. On the contrary, BTC has reached new ATHs since then and hasn't shown signs of stopping yet. It will be interesting to see how the price reacts to the fork but something tells me it'll be much like the BCH fork all over agin...
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First of all, I don't know if this is possible by any one company or organization, and don't know about what the procedure will be to realize this as well. But what do you think about the concept of physical bitcoin? I remember hearing a while back about someone who actually did created a few physical bitcoin. But what about in more public approach, I mean, especially for people who actually want to hold bitcoin for long. I think they will solve the issues of lost bitcoins, as they will be present in physical form, so if someone loses the passwords, or even a mishap occurs to them, their family can use them.
What are your thoughts?
Physical Bitcoin is for layman. But still it is silly. The reason why Bitcoin is efficient is primarily because we don't need to print it. We don't need to cut trees in case of paper money. And we don't need to dig to mine for metal to mint coins. Bitcoin is intangible. Which is why there are no added cost to send and store it. Unlike physically present money which is more likely to get lost. Being intangible definitely has it perks. Bitcoin is a digital asset. It is a virtual currency. Having been said there are times when tangibility comes in handy. Be it for long term storage or for education etc, the ease of paper wallets and the like enable Bitcoin to take a physical form. They both have their upsides.
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