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1341  Bitcoin / Bitcoin Discussion / Re: What is the best source of news? on: September 16, 2017, 08:43:27 AM
if we talk about news, then it could be anywhere, if the news is for online then we can search in many website or even we can read on local news paper. but I think that we need to give actual news and trust news for people because people right now is smart to divide which is false news and right news. so we need to make a good news only to the people.
I suppose we don’t think of difference in good and bad news. We only get our point, if things are being told in our benefit, good news are they even they are false actually. Listen to news channels and they have special segment for business. But prefer to get news from bitcoin official websites and forums.
1342  Bitcoin / Bitcoin Discussion / Re: Can bitcoin survive? on: September 15, 2017, 08:37:58 PM
After there is a BCC can the bitcoin survive or bitcoin will be much more up the price after this
What do you think about this?
As of now bitcoin dropped, and most of the community wondering why the price of bitcoin falling together with some of the altcoin. But as long as there is users continuing using bitcoin it will survive of course.
Bitcoin will definitely survive. It has survived in even few worst conditions and it will survive. Like now bitcoin is at $3703 and it will decent more but people should not be worrying as it is a casual dip. And some rumors are there in market about bitcoin dying, they are just fake. To me I think that is also a great opportunity for us to buy bitcoin more at this price now, and hold it for future.

1343  Alternate cryptocurrencies / Speculation (Altcoins) / Re: THE FALL IN THE PRICE OF THE CURRENT COIN on: September 15, 2017, 08:16:16 PM
Looking at the technical analysis, I saw several predictions that bitcoin could fall to $ 2900. But still there is a fundamental analysis, which depends on the news in the world. I think it arose because of the overheated market + news from China, but in the long term, the cryptocurrency will grow. So be patient and wait  Grin

You are making people afraid but you are right. I don’t know the either your technical analysis comes true or maybe we will have different situation of an abrupt little jumps to $5000 next month. Still coming news from  and other countries accepting bitcoins in amazing and it will definitely rise. So you are right we need to be patient and save it for more time.
1344  Economy / Services / Re: SENSE - Rewarding Human Capital | Signature campaign [OPEN] on: September 15, 2017, 07:56:11 PM
Bitcointalk username: Tungsten-1
Rank: Full Member
Current post count: 269
Bitcoin address: 1BHoEcXnDyXRKmsP9hu2GEAkfxEgKW4fCL


Sir I will change my signature after acceptance.
1345  Economy / Services / Re: ★★ Signature Campaign for Narbonne ★★ Upto : 0.03 btc Per Week on: September 14, 2017, 06:32:03 PM
Profile Link :https://bitcointalk.org/index.php?action=profile;u=991980
Post Count :268
Bitcoin Address :1BHoEcXnDyXRKmsP9hu2GEAkfxEgKW4fCL
Rate your posting quality on a scale of 1-10 :9

Hi Sir! Please accept me in this campaign. I like this.
Thanks.
1346  Economy / Services / Re: [ANN] [CARTAXI SPECIAL SIGNATURE CAMPAIGN] on: September 14, 2017, 04:13:37 PM
sername: Tungsten-1
Rank: Full Member
Current post count: 268
Profile link: https://bitcointalk.org/index.php?action=profile;u=991980
Btc address: 1BHoEcXnDyXRKmsP9hu2GEAkfxEgKW4fCL

Hello Sir! Please accept me in this campaign.

Hello Sir please accept me I am a active and high quality poster. Please I also want to promote your project.
Thanks in advance..Sir
1347  Economy / Trading Discussion / Re: When sell ETH for BTC? on: September 13, 2017, 06:51:47 AM
I guess at the moment better not exchange your ETH since it is growing too and building its future like bitcoin now. It is now hiking to high value too, so sooner it will climb up like bitcoin too since there are lots of patronage of ETH now. The more you hold the ETH, the better it is for you to get profit. Also the value of ETH is very much undervalued hovering roind 0.07 BTC.
You have rightly said but I think holding of ETH for quite a longer time will not be a suitable idea. There is no doubt in it that at present, ETH price is very much high but you never know what will happen in the very next moment. You need to make a sensible decision right now so that you may not regret in the near future.

1348  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: September 10, 2017, 06:00:01 AM
Maybe it will be still popular because the price is not the only matters here the major reason here is to send and received money anonymously and you could possibly send and received money without havingan extra fees not just like other remittance service. thats the reason why i found bitcoin because its so best when it comes for saving your incomes and money.

This factor is undoubtedly making bitcoins famous all around the world but I believe strongly that it won’t be this much famous with stable prices because people are frequently using bitcoins as a source of income rather than for international transactions. Many investors do trading with bitcoins not to buy or sell things but have profit.
1349  Economy / Gambling discussion / Re: Worst mistake in gambling on: September 07, 2017, 08:54:45 AM
when i'm badmood or already lose a lot usually i will max balance to use bets because i am fed up with my defeat. usually it happens in gambling dice. each saw a little more balance just max balance

Oh too bad for you brother.
Gambling while in your bad mood will lead you to nothing. When you're in bad mood, all your thoughts are troubled and you can't think right and in the end you lose all your money.
As for me, my biggest mistake is trusting my luck even though I know I shouldn't. Like when I almost lose my life savings because Im hoping luck will be my side but I was wrong. But that's the first and last and my biggest mistake so far.

Mistakes are just part of our every day lives and gambling mistakes aren't exceptional, I also have an experience of gambling sin a bad mood because I needed some money to offset a debt and I made mistakes with my bet slip and rather chose a different game (basketball instead of soccer) and I lost the parlay due to the single mistake.

In gambling, the mood is also important to play a safe game. When we are in a bad mood, we will make many mistakes. Not only in gambling if we do any work we make some mistakes. So don't play when you are disturbed with any other your personal problems.
to me I think that not for a single time but for most of the time I make so many mistakes while playing gambling but I think that it is very normal in gambling, because in most of the gambling game we do depend on our luck and do not have any role of our experience and skill.

In my opinion, gambling being a totally luck based game has nothing to do with the mistakes. If someone is playing dice or poker and has lost just because he or she is not lucky enough to win on that day, then how could it be so because of him? Yeah the only mistake is to let the greed take control of your actions.
1350  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: September 04, 2017, 09:02:06 PM
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.


"TheStreet: How do you think FinTech will impact the way banks operate?

Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html

What's your read on that?



I am afraid you simply cannot erase banks from the face of the society. They are one of the most powerful and highly in control institutions in our modern era. After all, banks can adapt and evolve along the way to cope with the new demands with the time. Just like what's happening right now with the advent of cryptocurrencies. The banks will have to adjust in order to survive and remain powerful.

Banks are there for a reason and are already established in our financial and economic institutions. We can't easily get rid of it in an instant because it is well regulated by governments of each country to safeguard money in and out to our economy.
To be very honest, I don't think that crypto currencies will ever be able to eradicate banks in total from our planet. I don't wanna mention any names but some people are controlling the world economy and they won't let it happen. We need a very big support for this.
1351  Bitcoin / Bitcoin Discussion / Re: What if, we advertise bitcoin on T.V.? on: September 04, 2017, 08:17:13 PM
For me that is a nice idea because more people will know what is bitcoin, what is the purpose of bitcoin and what are the benefits you will get when you are using bitcoin. If we advertise bitcoin on tv more country will legalize the bitcoin and more people will have a job or part time job.
yes thats a good idea, but take note if awe advertise it many people will catch their attention even the government. for me government needed to adapt it first before it will advertise in the main stream media, because the may manipulate bitcoin if they want they can block the sites where we earns bitcoin, it is good but danger.
Even if the government will block a website according to them that does not mean you cannot access that site. When someone says he cannot access a site because it was blocked, I really want them to just Google "how to access a block website" or "software to access a block site." You can ask techies also. I want to see bitcoin advertisements really.
1352  Economy / Web Wallets / Re: Xapo on: September 03, 2017, 12:29:19 PM
Better keep your Bitcoins on your local computer, it's much safer.
Or buy Rasberry Pi, install there Ubuntu with bitcoin wallet and store on this mini pc.

From my opinion its best answer , or if you want use wallet like a xapo i think better you use the blockchain.
Sorry for my bad english
your English could be dad but your suggestion is not bad at all it is good to use the blockchain for this purpose and still a lot of wallets are there such as I would like to suggest u to use the hardware wallet over xapo and paper wallets are also being use for the need of security so it is good to think about your bitcoin security and blockchain, hardware wallet, paper wallets are best for the bitcoin savings.

1353  Bitcoin / Bitcoin Discussion / Re: bitcoin thieves ? on: September 03, 2017, 12:06:20 PM
i think they use steal their phone number and try to login in victim's account and start to send all of the bitcoin into their account, i think its not system of bitcoin weakness, but the victim is the weakness and give her email, phone number into thieves so the thieves can stole the bitcoin easly
I think it is not so easy to do this now because the bitcoin organization has launched a lot of safe and secure wallets for this purpose and using this wallet will make you avoid the loss of the bitcoin and it will give you more profit because you will be able to hold your bitcoin for long time using wallet will provide you a security key and the password of your wallet then no one can hack or steal your bitcoin until you share your wallet key with then and if they try for it then it is useless for them.
1354  Bitcoin / Bitcoin Discussion / Re: What if, we advertise bitcoin on T.V.? on: September 03, 2017, 11:54:46 AM
This is a great idea. If we advertise about bitcoin on TV people will able to know about it. Maximum people are unknown about this.  TV will be the best way to let people know about it.
No doubt it will be best step taken for the betterment of the bitcoin because through this a lot of people will know bitcoin and in this add if they will show the process of investing and the holding process of the bitcoin then it will make easy to use bitcoin and will give a lot of profit to those who want to use bitcoin, may be after this the government of our country will accept bitcoin so for me it is a good idea.
1355  Economy / Economics / Re: BTC as a national currency? on: September 01, 2017, 10:25:17 AM
Bitcoin is becoming people currency. It better suits to bitcoin concept. National currecy is part of state policy and imply certain state control.
You used the very appropriate term “People Currency”. But you never know when you come across the point where you see this currency changing into “State level Currency” but this will definitely not going to happen in near future. Still chances are there.
1356  Economy / Economics / Re: India should consider using Bitcoin to prevent " Demonitization " on: September 01, 2017, 10:05:11 AM
The situation in many countries of the world. The modern economy is built so that all poor countries facing poverty pay for the well-being of rich countries. Bitcoin can help individuals, but the economy he will not be able to recover.

It might be true. At present, you can say this thing that Bitcoin cannot play its role in making an economy of a country stable. But you can always hope for the best. Things won’t remain the same always and you can expect Bitcoin helping countries to make their economy stable.

1357  Economy / Economics / Re: Why would Crypto be the future currencies if it's so volatile? on: September 01, 2017, 09:50:44 AM
Hi

Whilst I am a believer of the future of cryptocurrency, I do have a critical question which I believe will define its success or failure.

How can a currency be strong and reliable if it is super volatile versus EUR/USD/... ?  
Why would I ever pay goods in Bitcoin for instance, if I know that tomorrow the same product can twice as expensive (in USD when converted from Bitcoin)?  I believe this can only work if the full system is in Bitcoin (meaning you get your salary paid in Bitcoin, you pay your rent in Bitcoin and you spend Bitcoin for daily expenditures -> which is something I dont believe will ever happen)

Below an article of Howard Marks on cryptocurrency, with some total crap but also some valid questionmarks.

Cheers



Quote

Howard Marks on Digital Currencies


The discussion of innovative investments brings me to Bitcoin, Ether and other digital currencies.  I’d guess these things have arisen from the intersection of (a) doubts about financial security – including the value of national currencies – that grew out of the financial crisis and (b) the comfort felt by millennials regarding all things virtual.  But they’re not real.
 
Some businesses accept Bitcoin as payment.  Some buyers want to own Ether because it can be used to pay for computing power on the Ethereum network.  Some people are eager to speculate on digital currency for profit.  Others want to put a little money into these to-date-profitable phenomena rather than run the risk of missing out.  But they’re not real!
 
People tell me these currencies are solid, because (a) they’re secure against hacking and counterfeiting and (b) the software used to generate them strictly limits the amount that can be created.  But they’re not real!!!!!  Nobody has been able to make sense to me of these currencies.  Here are a few paragraphs on Ether from The New York Times of June 19:
 
The sudden rise of Ethereum highlights how volatile the bewildering world of virtual currency remains, where lines of code can be spun into billions of dollars in a matter of months. . . .
 
Ethereum was launched in the middle of 2015 by a 21-year-old college dropout, Vitalik Buterin . . .  Mr. Buterin was inspired by Bitcoin, and the software he built shares some of the same basic qualities.  Both are hosted and maintained by the computers of volunteers around the world, who are rewarded for their participation with new digital tokens that are released into the network every day.
 
Because the virtual currencies are tracked and maintained by a network of computers, no government or company is in charge.  The prices of both Bitcoin and Ether are established on private exchanges, where people can sell the tokens they own at the going market price. . . .
 
Many [new currency] applications being built on Ethereum are also raising money using the Ether currency, in what are known as initial coin offerings, a play on initial public offerings.
 
Start-ups that have followed this path have generally collected Ether from investors and exchanged them for units of their own specialized virtual currency, leaving the entrepreneurs with the Ether to convert into dollars and spend on operational expenses.
 
These coin offerings, which have proliferated in recent months, have created a surge of demand for the Ether currency.  Just last week, investors sent $150 million worth of Ether to a start-up, Bancor, that wants to make it easier to launch virtual currencies.
 
Bottom line: you can use the imaginary currency Ether to buy other new imaginary currencies, or to invest in new companies that will create other new currencies.  In “bubble.com,” I highlighted some illogical aspects of e-commerce by including some of my father’s old jokes regarding how to make money.  Here’s another that seems 100% appropriate for the digital currency movement:
 
Two guys meet in the street.  Joe tells Bob about the hamster he has for sale: pedigreed and highly intelligent.  Bob says he’d like to buy a hamster for his kid: “How much is it?”  Joe answers, “half a million,” and Bob tells him he’s crazy.
 
They meet again the next day.  “How’d you do with that hamster?”  Bob asks.  “Sold it,” says Joe.  “Did you get $500,000?” Bob asks.  “Sure,” says Joe.  “Cash?”  “No,” Joe answers, “I took two $250,000 canaries.”
 
One of my very favorite quotes concerning the market’s foibles, from John Kenneth Galbraith, says that in euphoric times, “past experience, to the extent that it is part of memory at all, is dismissed as the primitive refuge of those who do not have the insight to appreciate the incredible wonders of the present.”
 
Maybe I’m just a dinosaur, too technologically backward to appreciate the greatness of digital currency.  But it is my firm view that the ability of these things to gain acceptance is just one more proof of the prevalence today of financial naiveté, willing risk-taking and wishful thinking.
 
In my view, digital currencies are nothing but an unfounded fad (or perhaps even a pyramid scheme), based on a willingness to ascribe value to something that has little or none beyond what people will pay for it.  But this isn’t the first time.  The same description can be applied to the Tulip mania that peaked in 1637, the South Sea Bubble (1720) and the Internet Bubble (1999-2000).  
 
Serious investing consists of buying things because the price is attractive relative to intrinsic value.  Speculation, on the other hand, occurs when people buy something without any consideration of its underlying value or the appropriateness of its price, solely because they think others will pay more for it in the future.  
 
It isn’t unreasonable for someone to use Bitcoin to pay for something – or for a seller to accept Bitcoin in payment – based on an agreement between the parties: barter takes place all the time.  But does that make it “currency”?
 
The price of Bitcoin has more than doubled since the start of the year.  Can something that does that seriously be considered a “medium of exchange” or “store of value,” rather than the subject of a speculative mania?  Maybe not, but Bitcoin looks staid in comparison to Ether, which has appreciated 4,500% so far this year.  The outstanding Ether is now worth 82% as much as all the Bitcoin in the world, up from 5% at the beginning of the year.  
 
The New York Times notes that together, the outstanding Bitcoin and Ether are worth more than Paypal and almost as much as Goldman Sachs.  Would you rather own all of the two digital currencies or one of those companies?  In other words, are these currencies’ values real?  They’re likely to keep working as long as optimism is present, but their performance in bad times is far from dependable.  What will happen to Bitcoin’s price and liquidity in a crisis if people decide they’d rather hold dollars (or gold)
They would be currencies of the future because people won’t bother about the volatility very soon, since many people would be involved in it the only thing that would happen is that the price would keep rising cos of demand and supply
I will agree to what you think. Volatility hardly matters if Bitcoin is giving its investors what they demand of. And Bitcoin is fulfilling their demands in an excellent manner making a lot of investors Billionaire. Otherwise you are right bitcoin will be the currency of the future and people are invest their money very easy.
1358  Economy / Economics / Re: Major Gold investor is entering Bitcoin market on: September 01, 2017, 09:36:45 AM
This could lead to another big waves for Bitcoin, if those giant gold investor are now entering to Bitcoin, more will surely follows.
This much be surprising for us and for bitcoin development and also we are seeing this trend. Everyone desire to earn as maximum as possible. I think the ones who are investing in Bitcoins are doing exactly the same. And not only gold investors, probably many more investors will option for Bitcoins tomorrow if not today.
1359  Economy / Speculation / Re: I will not Die Untill Bitcoin will reach at Least 50K on: September 01, 2017, 09:17:30 AM
I, too, will not die until bitcoin reaches such a price and I think that in 10-15 years it will have time to reach such a mark and please its owners that they have survived to this point Smiley

Everyone will be waiting for the day when we will see the price going that much high. But no one knows when this will happen. One thing is for sure that there are very much chances that Bitcoin will achieve this, but when no one knows then we all are completely sure that bitcoin will goes to high price in coming future because we have trust on it.




1360  Economy / Economics / Re: Pros and cons of bitcoins for consumers and businessmen on: September 01, 2017, 08:55:06 AM
There is no use of bitcoin for general purposes for the consumers. You can earn in bitcoin, convert in fiat and then buy whatever you want. 
And companies will face another issue on a large scale, that is, the damn high transaction fee and the time it takes to transfer funds has also increased

This basically proves that Bitcoin is no more than a vehicle for speculation

And it will likely remain that in the future. In this manner, we can easily pinpoint the factors which could potentially interest companies (both merchants and producers) in respect to Bitcoin (or some other cryptocurrency, for that matter) as a means of payment. First of all, it is the cost of transactions. Obviously, with today's miners it is unlikely that these costs are ever going to decrease, and miners will leave no stone unturned (think Bitcoin Cash here) to preserve their revenue they receive as fees. Further, transactions should be fast, and still better if they were instantly fast. But it is next to impossible to change things in this regard with Bitcoin. Now we have miners abandoning one blockchain in favor of the other in the pursuit of higher profits, with no blocks mined and transactions confirmed, so that's unlikely to change either. The bottom line is that Bitcoin will remain purely a speculative asset, and we should look elsewhere if we want crypto to make a genuine entry into the real economy as a full-fledged means of exchange
I will agree to what you have said. But we cannot deny the fact it is just the start of an era of Crypto Currencies. Transaction fee and process both are somehow cons of Bitcoins, but these are not the everlasting problems. I am very much positive that these issues will be resolved soon.
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