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141  Economy / Economics / Re: Smart Passive Income on: March 01, 2018, 11:11:37 PM
Ads is the usual way to go in order to generate income from a website but then you would have to deal with getting enough visits within the day or a minimum number of visits for your website. Also, some of your site visitors or viewers might get annoyed if the ads were too annoying or is sore to the eye. VIP registration may not be as profitable unless users are forced or compelled to subscribe to such prescription because they seek to have better benefits. It would be best to base your decision on the kind of website that you have.
142  Economy / Services / Re: KARATbank Sig &Avatar Campaign on: February 28, 2018, 08:00:08 AM
Bitcointalk name: Sir Cross
Rank: full member
Current post count (including this post): 321
BTC Address: 1B6ukTLbAR4aLknRp653Q5T5HNJjd9G1dP
Wear appropriate signature: Yes
Wear avatar: Yes, will update
143  Economy / Speculation / Re: 9.2K remains the effective support, will BTC break below it in the short term? on: February 27, 2018, 11:50:50 PM
As always the price of bitcoin will mostly be driven by news. If there's no negative news then the 9.2k support will hold and the price will move upwards as we've seen today. If there's a big negative news story then the support can fall in an instant. TA is great for identifying support and resistance but it's useless at predicting news stories and market feeling.

TA can allow us to follow patterns and trends however news is still great influence to the price. We can say that 9.2K would be the current support but if we consider other factors such as when negative news would come out, we can’t necessarily follow TA. The moment when all hell breaks loose and people start to panic sell, the TA won’t follow and the price will likely dip even lower than the support level of 9.2K
144  Bitcoin / Press / Re: [2018-02-26] Hacker Returns $26 Million in Ether Months After ICO Theft on: February 27, 2018, 06:13:50 PM
Logically, the first main incentive for the hacker to return the funds is because of their taint, perhaps even in combination with some sort of a reward for the hacker that they didn't communicate with the outside world (yet). If the coin itself is basically an open book like Bitcoin itself is, then it's somewhat of a wasted effort due to how easily everyone can track the coins. I don't believe that the hacker returned the coins because of regret or guilt feelings - if you have no moral problems with committing such thefts, you won't suffer from regret or guilt, that's for sure.

It's possible that he felt like the theft was a mistake and did not feel any satisfaction even after attaining the coin. It's not likely for thieves to feel guilt unless they are driven to commit the crime out of desperation. He may have returned it for other reasons, which is very unlikely for a thief. The hacker may have had other intentions or plans for the funds but for whatever reason it was he made the return, this act is favorable for the investors of CoinDash.
145  Other / Meta / Re: Stop Signature campaigns. I need theymos to see this. on: February 26, 2018, 04:48:21 AM
[...] I like that good forum members can make money, especially when said forum members are in poorer countries and this is a major opportunity for them. I very much do not want to destroy the sig-ad/airdrop/bounty "industry". But I am not going to tolerate people posting garbage upon garbage. If the merit system completely fails and I can't think of anything else to replace it, then my next step will probably be to completely remove all ways for forum users to make money from posting (eg. removing signatures entirely).

Maybe there are ways for people who were making money by posting garbage on the forum to make money on other sites with easy bounties, etc. (For example, I don't know if they're actually any good, but https://bountyhive.io is currently advertising on the forum.) But people should use the forum to talk about these money-making ideas, not as a way of making money itself. Once you spend a lot of time here, you may be able to make some money here (which is great!), but you should consider this a far-off hope, not your primary objective.

BTW, if anyone has any ideas for simple things that these ex-nonsense-posters could usefully do to make money, I think that this'd be a good project right now. There are apparently quite a few people who were making money on the forum and could use guidance. Even though their past activities were not good for this forum, I doubt that they are useless in general.

Even theymos has respected those who want to earn money in this forum.

The problem isn't the people in this forum who want to earn money. Let's be honest, a man has got to eat. Earning money from a forum is beneficial, so why must we eradicate this and destroy this opportunity for others?

The problem are those whose main objective is to earn. Out of their desperation, they post nonsense shit in order to increase their post count then level up just so that they can earn more.

But what if we just fixed the system of signature campaigns so that we can better give opportunities for those who want to earn? Guidelines have already been set but this is sometimes not followed. Perhaps better compliance should be made. If there are campaign managers who do not accept users who do not make quality posts, then no one would attempt to join a campaign just by aimlessly posting.

Eradication is not always the solution. There are still some ways to fix the system and we should foster what would be best and beneficial for the community.
146  Economy / Economics / Re: Why the Animosity Towards Banks on: February 26, 2018, 04:00:47 AM
This is probably because there have been those who were victimized by banks in the past. Banks are not 100% or totally secure as they have said they are to be. I myself has experienced losing money from a bank which closed down on insurances can only recover a portion of what you have lost. A majority of those who hate banks and have decided to use crypto probably experienced the same or would want to avoid such a situation. They would prefer that there would be no third party who has control over their own finances.
147  Economy / Services / Re: 🇺🇸bitFlyer USA Signature Campaign 🇺🇸 on: February 24, 2018, 01:18:38 AM
Willing to join

Bitcointalk username: Sir Cross
profile link: https://bitcointalk.org/index.php?action=profile;u=1092016
Rank: full member
Current Post count: 317
BTC Address: 3Bf62ofFiXGh5Z1BkPiEzFcZ8D7XELNU6L
wear appropriate signature: yes
wear appropriate avatar: yes
148  Economy / Services / Re: PinkDate Micro Signature Campaign (Open) on: February 19, 2018, 06:13:11 AM
Bitcointalk name: Sir Cross
Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=1092016
Rank: full member
Current post count: 319 (including this one)
BTC Address: 3Bf62ofFiXGh5Z1BkPiEzFcZ8D7XELNU6L
Wear appropriate signature: yes
149  Economy / Marketplace / Re: Buying Coins on: February 19, 2018, 06:06:58 AM
Where can I buy some coins with the cheapest price? Too many exchanger & trading sites out there, you don't know which is the best one.
I prefer use Binance because its easy to trade and Theres alot of cheap coins. For me the best exchange is Binance because its mobile friendly and fast trade and has low fees.

I think with Binance, you can buy in smaller amounts as compared with the other exchanges which require a large minimum. There are many users and traders in Binance so I think as compare to other trading sites, Binance is a fairly good one. As for the price, I think it's going to be hard to determine which one offers the cheapest ones since the price of coins are very volatile anyway. Perhaps you should just wait for a dip to happen to attain coins at a very low price. It's better to go for a secure trading or exchange site than one which may be questionable but has offers low prices. Your money is in hand here and you may lose money just because you were after low prices.
150  Economy / Services / Re: 🌙🌙🌙 Moonlite Signature Campaign 🌙 🌙🌙 [MEMBERS+] on: February 17, 2018, 04:49:52 AM
Bitcoin Talk Name: Sir Cross
Bitcoin Talk Profile: https://bitcointalk.org/index.php?action=profile;u=1092016
Rank: full member
Post Count (including this post): 317
BTC Address: 3Bf62ofFiXGh5Z1BkPiEzFcZ8D7XELNU6L
ETH Address: 0x715f07268cf8Ed117eaaEc0a565A422eD6bAf202
151  Bitcoin / Legal / Re: Indian scenerio on crypto currency on: February 16, 2018, 11:54:08 AM
It's okay to be "newbies" with something. The Indian government must have an unclear and uncertain stand because they are still unfamiliar with cryptocurrencies.

My country first also didn't recognize cryptos to have legal tender. But now, they are slowly starting to adopt and recognize bitcoin now that they have gained more knowledge and there are numerous users within the country. The same may be for India. It's possible that in the future, India may start to make steps into adopting cryptos.
152  Economy / Services / Re: ESCROW COIN - SIGNATURE CAMPAIGN - FULL MEMBER+ on: February 15, 2018, 01:02:18 AM
BTT name: Sir Cross
BTT url: https://bitcointalk.org/index.php?action=profile;u=1092016
current posts: 315
Bitcoin address: 3Bf62ofFiXGh5Z1BkPiEzFcZ8D7XELNU6L
Avatar and personal message: will update
153  Bitcoin / Legal / Re: Should we pay taxes on Bitcoin? on: February 13, 2018, 05:34:36 PM
Paying tax on bitcoin transactions would mean legitimizing that transaction as the government will directly be involved. I know many people here want the various governments of the world to legitimize bitcoin, so they will gladly want to be taxed and enslaved by the same system Satoshi wanted to do away with. Bitcoin is decentralized and should be allowed so. There are other avenues from which the governments can get their taxes/revenue from the people.
I think if Taxes are imposed in any one's country for getting profit from crypto than he should pay taxes to govt because by doing he will abide by law and his money will not be freezed by govt.

If one would want to avoid any complications, then it is really just best to follow the rules. Tax evaders are posecuted by the law and unless you want to become a criminal, you must pay the taxes even if it is against your will and wpuld wish to spend it on other things. Whether taxes should be imposed at all is another question and is up for debate but there’s really no choice once it is imposed by the government.
154  Economy / Economics / Re: popularity of bitcoin dictates demand, means more profit on: February 13, 2018, 05:29:13 PM
Kinda sounds like pyramid scheme if you put it that way. Popularity does have a huge impact. But popularity enough isnt enough to keep the prices high. You dont just want new people to buy it, but you want all the people to continue buying it. In the end, i think what makes bitcoin prices relevant is its technology. As long as there is a problem that persists and bitcoin solves that problem then there's no need to worry about popularity, as it will come with it.

Popularity has played a part and affected the price back when bitcoin became popular and mainstream yet it is not the sole determinant of the price. Although demand definitely creates a pull, there are many factors in play which makes the price rise even when there is no demand. Bitcoin is not dependent of demand but can be said to be affected by it. The price may continue to rise even when there is no demand.
155  Economy / Trading Discussion / Re: HODL vs Day trading on: February 13, 2018, 10:40:08 AM
Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
Trading is far more profitable and risky than buying bitcoin and holding. Traders do take advantage of the dip to buy and sell when it is pumping with a short time investment in mind and buying and holding has the mind to just hold his coin for a long time with the aim of making a high profit buy selling at the high price one time. Many that sell high at $19,000 has make good profit and they have bought again to trade when the price go up again that is the work of traders!

As compared to holding, you may profit in a short time when you are day trading. When you hold, you would have to wait for a long period of time for you to be able to acquire your profit. You may even have to wait for years. When you day trade, you may gain profit once the price has already gone up and since the nature of cryptocurrencies is very volatile, the price may go up and down at anytime. This allows you to have profits numerous times within the day even because of how frequent price changes.
156  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto in infancy on: February 13, 2018, 07:53:05 AM
All the crypto world needs is an education to create better awareness and investments. What do you think are ways to go about it, apart from various conferences and meets.

you can never educate people by force!
all the information that anybody needs in order to learn and educate themselves about cryptocurrencies is already out there easily accessible and for free. the only thing they have to do is "search for it" and spend some time reading what they found.

but unfortunately people are more interested in quick profit and getting rich over night.

I think that information on bitcoin and cryptocurrency is still lacking. Although there are numerous blogs and articles, you can’t find sources from books or literary and scholarly articles. There should be a general source of information because people don’t know where to start even though they are interested. This leads to misconceptions and having a wrong understanding of crypto and bitcoin. If proper information were disseminated, this would be avoided and more people would become aware.
157  Economy / Speculation / Re: A thought from an old timer... on: February 13, 2018, 07:41:30 AM
The most profitable bitcoins I ever mined, were the ones I mined when it was unprofitable to do so.

Yup. Bitcoin back then was unheard of by many people until the ath back in 2013. Most people jumped into the train thinking that they could get some easy money out of bitcoin. But look at those who invested during that time. They are now worrying because of the massive price drop.


Sort of like what is happening now because bitcoin reached an ath last December 2017. Now, those who jumped on the train are getting off because of how low the price went. Those who stayed and continue to stay will profit even more because they were able to buy or mine coins. Many get discouraged easily when they don’t profit immediately and get envious of those who were able to do so but it really takes hard work. There’s no easy way to get rich, there are no short cuts definitely not in bitcoin.
158  Bitcoin / Legal / Re: General use of bitcoin as a legal currency on: February 13, 2018, 06:48:09 AM
No country has taken bitcoin as a legal currency for general transactions because of the complications that go along with it. It cannot be adopted yet in that way because it is still too volatile and for now, the transaction fees are too high. Imagine if you were at your local grocery store and upon paying your bill, you would have to pay almost half of your total bill just to process your transaction and on top of that, it takes hours to confirm. Also, since bitcoin is very volatile and its possible that upon paying, the price would change. It would still be a hassle to use.
159  Economy / Economics / Re: Will Bitcoin volatility prevent adoption? on: February 13, 2018, 06:38:33 AM
Yes bitcoin's volatility prevents mass adoptions woldwide. Lets take this situation, a company X gives salary to the employees in bitcoin and suddenly the price of bitcoin increases and after few days it decreases again. It will be a huge loss for the company and what is the reason? Volatility.

In my opinion, bitcoin can be adopted but not a mass adoption because volatility is preventing it.

Not only is it a lost for the company, but it would be a disadvantage to the employees because their salary would become less if the price became lower. If bitcoin were to be adopted as a widely used currency, problems like these would arise. This is what prevents bitcoin from being adopted, along with high transaction fees and slow confirmation times. Volatility is an advantage to some users of BTC such as for traders but it can be said that it is a hindrance for adoption.
160  Bitcoin / Legal / Re: China will allow ICO in 2018 on: February 12, 2018, 11:31:14 PM
We do not them to accept ICOs, but to allow free crypto trading!

We talk about China here. I think that you ask too much if you want 100% free trading.
They will manipulate the markets as much as possible. The ICO compliance is only one "public" reason shown to the western customers. They'll follow their internal agenda and when the things add up nicely, they'll allow the trade in the terms they want it.

China has always been known to be a manipulative government, even their internet has so much regulation and a lot of sites are banned. This doesn't only go with crypto-related stuff but with matters that are not within their control. Perhaps they have declared this to ease some of the cryptousers in their country because there is a huge volume of such. But if things were to go their way, they would ban at utmost anything that is not within their control of unfamiliar to them. I have nothing against China, but that's how their government works.
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