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1261  Economy / Economics / Re: Investment amount on: September 12, 2017, 04:26:07 AM
How much would you make as first amount? I was thinking  £50 bit even if this times by even 10 that's only 500.

Would 300 be a more realistic start

Do you want to rich or do you just want to have fun? Both 50 and 300 pounds are on the small side. If you want to be serious, you should start at least with 5000 pounds. That is a lot of money for a beginner, but for the long time investors who go to this forum, its an ordinary amount to day trade into altcoins.

A quick way to get that amount of money is to borrow it but you have to explain what the lender is getting into.
1262  Economy / Economics / Re: China banning bitcoin exchages, good or bad? on: September 12, 2017, 04:16:13 AM

Do you think this would affect  bitcoin world and bitcoin price in negative way or positive way? 


[1] http://www.marketwatch.com/story/bye-bitcoin-china-to-ban-trading-of-virtual-currencies-2017-09-11

The ban on all Chinese exchanges, if true, would be very bad for the liquidity of BTC. The Chinese people accounts for a large percentage of volume, without them, BTC could become more volatile that it is today.

The market prices of every cryptocurrency would also go down because of negative and bearish sentiment.
1263  Economy / Web Wallets / Re: Which is the best bitcoin wallet? on: September 11, 2017, 08:15:58 AM
I personally use Electrum for my desktop wallet needs and blockchain.info for my webwallet needs. Both are good and enough for me. But its also important for you to back up your wallet files and enable 2FA always.

Theres no such thing as the best BTC wallet. Its how you secure it that matters most.
1264  Economy / Economics / Re: The Race of Blockchain Weapons: Which States Will Become the Leaders of the Indu on: September 11, 2017, 08:09:15 AM
Do the experts in the World Economic Forum understand what blockchains really are? Maybe if they really did then they wont arrive with those figures. Blockchains are among the most inefficient ways to store information. Im very sure by 2027 someone has invented a better append only form of ledger.

Why the blockchain is inefficient way to store info?Can you prove your claims?
If the blockchain was so inefficient,why would so many companies want to implement it?
Anyway,it`s normal that the USA is the leader in blockchain related projects.I`m not surprised by this news.
Sooner or later SIA will use the blockchain to spy everyone. Grin I`m just kidding. 

Theres no need to prove my claims. Look at all the energy wasted to maintain and secure the BTC blockchain, and how many transactions can fit per block? Its usually under 2000 transactions per block every 10 minutes average. Is that efficient for you?

Companies want to implement a blockchain because they are bandwagoning.
1265  Economy / Exchanges / Re: BTCChina Exchange is operating normally; no new directives from regulators on: September 11, 2017, 08:05:56 AM
This just reeks towards massive market manipulation.

Were there any big shorts made before the news got out? That would strongly support manipulation.

Yeah, I also had the same thoughts. Surely someone close to all the information shorted at the top and started buying back at the bottom.

Next time China threatens to ban BTC again maybe it should be a welcome moment for us to keep buying while they are selling.
1266  Economy / Exchanges / Re: BTCChina Exchange is operating normally; no new directives from regulators on: September 10, 2017, 06:35:27 AM
Ty for letting us know. We had a scare for a moment there that we might lose you. But I dont see the major exchanges closing. Its the smaller ones that list scamcoins and coin offerings who are in real danger from the ire of the Chinese government.
1267  Bitcoin / Bitcoin Discussion / Re: Bitcoin november hard fork? on: September 10, 2017, 06:07:48 AM
lets clear this matter up

replay protection is not needed!


Excuse me but lets not get into the politics and the counter propaganda. Isnt it dangerous for the users not to have replay protection in case of another fork happening? That would be unfair for some of them because there are some who dont want to use Segwit2x coins. Is the concern for the safety of our coins one of the objectives of the hard fork?

and as for replay protection, it is not needed if the fork has the overwhelming majority support. just the same way SegWit fork didn't need replay protection. the 2 MB hard fork is unclear now. we have to wait to see what will happen in reality. if nobody is left mining the 1 MB blocks there is no need for replay protection! but if the support falls below the current >95% then yes it is mandatory to have replay protection.


Segwit was a soft fork and its backwards compatible, while Segwit2x is a hard fork that could hurt BTC users because theres no replay protection in case the blockchain splits. Thats an important distinction.

Where does 95% of the support for Segwit2x come from? Does it come from the community?
1268  Economy / Economics / Re: The Race of Blockchain Weapons: Which States Will Become the Leaders of the Indu on: September 10, 2017, 05:56:22 AM
Do the experts in the World Economic Forum understand what blockchains really are? Maybe if they really did then they wont arrive with those figures. Blockchains are among the most inefficient ways to store information. Im very sure by 2027 someone has invented a better append only form of ledger.
1269  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin Die Because of China? on: September 10, 2017, 05:27:45 AM
China will be left out if they continue to go on with all these rounds of bans. The US govt. wasnt too quick to do the same and it was a wise decision. They know its better to let everyone know where they stand but still give enough space for cryptocurrencies to move for now, to observe and see what benefits it could bring to them and their people.
1270  Economy / Speculation / Re: Has Crypto currency reached its maximum market cap? on: September 10, 2017, 05:20:50 AM
Heres another question for us to think about and ask ourselves. Has cryptocurrencies reached their maximum potential? If you answer yes then its time for you to sell all your cryptocurrencies to a willing buyer and let him arrive to his own conclusion to the question.


1271  Economy / Economics / Re: The Bear Case for Crypto on: September 08, 2017, 04:11:01 AM
I know that nearly everyone here will disagree with this but I came across an interesting blogpost via forexlive.com yesterday.

It's a long read but worth it.

https://prestonbyrne.com/2017/09/01/the-bear-case-for-crypto/amp/

It raises lots of interesting points that while I don't necessarily agree with them all I certainly think they are worth thinking about. I'm especially talking about the possible impact of a regulation crack down. The history lesson of Denver penny stocks crackdown of the early eighties is a good insight as to what could happen, let's hope it doesn't.
 

Spoken like a true BTC maximalist. I dont blame him. But what I hate about some who try to bring up the regulation argument against coin offerings is it seems like they want everyone to hold BTC and nothing else because its what they themselves are holding.

Hes a shill of a higher level.



1272  Economy / Service Discussion / Re: I need help with skrill on: September 08, 2017, 03:19:15 AM
They are not scammers. They have been in the ewallet business for years now. But their support staff is very incompetent. They will always give you the run around before you have your problem fixed. Be patient.
1273  Bitcoin / Bitcoin Discussion / Re: Bitcoin november hard fork? on: September 08, 2017, 03:07:59 AM
lets clear this matter up

replay protection is not needed!


Excuse me but lets not get into the politics and the counter propaganda. Isnt it dangerous for the users not to have replay protection in case of another fork happening? That would be unfair for some of them because there are some who dont want to use Segwit2x coins. Is the concern for the safety of our coins one of the objectives of the hard fork?
1274  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ⚽ XFCCOIN ▐ Fantasy Football Manager Revolution!▐ In-Game Maket is open ⚽ on: September 08, 2017, 02:46:35 AM
Patience everybody. Why are all of you very excited to list XFC in an exchange? Is it to dump right away on the first sign that you can? Thats not nice. Maybe its the reason why the founders are not in a hurry to list it in Bittrex.

We are interested in developing a long term project that ensures constant growth for all involved.

Good on you. The football season has started, you should do more marketing and promotions in the community and for the wider football followers around the world.

What is your main regional geographic market? Is it Europe, South America and Asia? They have among the largest football fans who cant get enough of it. In North America not so much.
1275  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ⚽ XFCCOIN ▐ Fantasy Football Manager Revolution!▐ In-Game Maket is open ⚽ on: September 07, 2017, 03:59:22 AM
Patience everybody. Why are all of you very excited to list XFC in an exchange? Is it to dump right away on the first sign that you can? Thats not nice. Maybe its the reason why the founders are not in a hurry to list it in Bittrex.
1276  Economy / Service Discussion / Re: I need help with skrill on: September 07, 2017, 03:36:46 AM
I used Skrill before when I was working for an online company a few years ago. I tried going to their support page and its strange that they dont have their support mail and phone no. there anymore.

But as they say Google is your friend. Here are Skrill's contact no.s, https://www.complaintsboard.com/skrill-b120703
1277  Economy / Marketplace / Re: Turning crypto into fiat or is that even nessesary anymore! on: September 07, 2017, 03:28:17 AM
1. It cant be avoided. If you have found a way to pay my internet bill with my Football coins I got from a past signature campaign then I would be happy to use that.

2. Exchanges are the most efficient and are the most cost effective way to convert to fiat. If you compute all the fees and the expenses of using them to get fiat into your bank account, it still is cheaper than localbitcoins.com.
1278  Economy / Economics / Re: Condos in Dubai for sale in Bitcoins on: September 07, 2017, 03:18:03 AM
But, they do not really sell it for bitcoin, because Bitpay will convert bitcoin into fiat currency and give it to Asto plaza devs.

But its a start. At least we are witnessing the the beginning of BTC crawling its way to the mainstream market places. I could also envision that BTC can used in auctions of valuable items for collectors. The sellers could be paid directly without the need for a middle man to handle the payment.

1279  Bitcoin / Bitcoin Discussion / Re: Bitcoin november hard fork? on: September 07, 2017, 02:59:26 AM
Is it truly essential for BTC to hard fork again to increase the size of the blocks? Wasnt Segwit enough already?

If Jeff Garzik and his people were sensible, they should delay the November hard fork and think about it further. Segwit2x should also provide replay protection for its users. I heard there was none. Is this true? Why dont they want it to have replay protection?
1280  Economy / Marketplace / Re: (Gauging Interest)"lowkey" stylish bitcoin apparel on: September 05, 2017, 03:06:51 AM
Do you have plans to have altcoin apparels? There are some classic altcoins that were never able to make it like Vertcoin which have cool logos.
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