It's good that dev is active and it looks like a promising coin. But is there an exchange for it yet? |
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I think bitcoin is still in its initial ascending phase and will continue to rise as more and more people discover it. More and more services use bitcoin will also boost it. I expect in 2017 it will hit $2000 at some point...
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Bitcoin is the de facto cyber gold. It has many features similar to gold, especially the limit supply. Bitcoin is not really a day-to-day currency due to its limited amount. I invest bitcoin similar way as I invest gold.
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There's no way to recover the stolen bitcoins, unless bitcoin do like ethereum, fork from a block before the steal. But doing forks like this is very stupid, that hurts a lot of ETH (and is one of the reason I don't play ETH). Autonomy and decentralize is the basics for bitcoin.
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Bitcoin is not the future money, for the reason of very limited supply. Bitcoin does create the technology for future money. I think at some point central banks will create cyber money on their own.
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I now realize that the sportsbook and casino business is very competitive these days. All these newbie accounts that are created to attack 1XBit could be the initiative of their competitors. The evidence they show is weak and all the images are photoshopped. My suggestion for 1XBit, continue to give better odds for their customers and attract more people.
I like 1Xbit, but as far as the odds concern, I am not sure how the odds are defined in 1XBit, and as compared to the competitors. Are they all coming from the same odds originators? Is there any comparison of the odds among different sites? |
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I look at some of the exchanger, there is no movement and increased of KURT
Is development progress?
Looks like some waves of pumps of the coin, which is good sign. Dev may be doing something interesting, overall, I like this coin's wallet, pretty good one, hope more features are being added. |
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Newbie created coin, looks like scam. Nothing new on the tech side.
But no premine, that's a plus....
Watch it, what's the dev's plan to sustain the coin?
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why dev dont pay 5BTC and go to Bittrex ?
I don't think there's any point to go to Bittrex, we have an exchange for byteball, and it trades well, so if you want to trade, just go there. On the contrary, we do need an exchange for blackbyte. BTW, when February distribution will happen? |
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With the continuous development and redefinition of the capabilities and possibilities that come with Bitcoin, some experts believe that an international foreign exchange market can be built around Bitcoin. To be able to function as an international foreign exchange currency, the currency must be acceptable internationally and hold a fairly stable value. Bitcoin seems to be possessing all these qualities. Coinidol.com asked Finance experts for their thoughts on bitcoin being used as a currency of exchange on the international foreign exchange market. You can read the full article and take part in the discussion here: https://coinidol.com/bitcoin-serve-as-international-foreign-exchange/Really doubt that. Bitcoin with its limited quantity can not be really used for foreign exchange currency, it can be only used as cyber gold which keeps its value in a nice way. |
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Tax should be paid to the country from where we are getting from it!! As tax is being paid because we are using the things or facilities of provided by the country for our sake. so as we are using the coins of that country so the tax should be paid to that country.😊
No, taxes should be paid to any country where they are legally accrued. I live in the U.S., but if I sell something to another country I could potentially owe taxes there, even though I am not benefiting from the public works of that country. Theoretically yes, but if I sell bitcoin in another country while living in US, that means that I want to avoid tax, and there's no way for IRS to know that unless the foreign exchange will report it which is not the case. |
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Can Russia or China done such a thing to erase the dominance of the dollar over the world?
Generally, there are always governments behind such technologies. For example, StuxNet
they are already doing it, but US dollar dominance is not built in a day, it is not that easy to be destroyed. In the end, it all depends on the economical strength. With Trump now, US economy will go up quickly so I don't see US dollar will go away any time soon. |
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Could bitcoin prevent crime?
I believe Bitcoin transactions via online wallets could prevent crime. People are going to use Bitcoin for legal and illegal transactions, however criminal transactions are susceptible to crime as cash is used for the transaction...which encourages theft. If bitcoin were used for these shady transactions, perhaps with escrow, there would be no opportunity to steal currency - couldn't this prevent crime? (Aside from the original criminal transaction of course!)
Lol, bitcoin itself has nothing to do with crime. It's like does fiat money prevents crime? Bitcoin is neutral, it depends how do you use it. Criminals can always find some way to use bitcoin, like criminals can use cars or guns, but there's nothing wrong with cars or guns. |
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XMS holders can now trade it vs the SmartBTC. A SmartBTC is a market-pegged asset backed up by XMS. Anyone holding XMS can borrow SmartBTC using their XMS as collateral. You can purchase the SmartBTC of other people using your XMS. You can also borrow SmartBTC using XMS.
A SmartBTC will only exist if someone will borrow it and put up XMS as collateral.
But What's the worth of SmartBTC? Can it be exchanged with Bitcoin? Do we have an exchange for moonstone yet? I think it is a good coin and will need an exchange... |
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Wow, a few days did not check and the byteball price increased a lot. Nice! Will be good if there's a market to trade blackbyte too... wondering if cryptox will add it.
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WTS 1000 GBB for 10 BTCs, or 218 White GB.
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Yes the better thing to do is to have a day job, and collect bitcoin like you collect stamps, gold coins, or gold. Bitcoin is a risky investment although I am sure long term it is in the up trend.
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Bank will always exist as far as I understand, cybercoin can not complete replace bank. It can partially replace fiat, but will not be able to completely replace it. I can't image a only digital world, it will not exist.
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It's all about adoption, there are many coins much faster than litecoin. For example FastCoin (10-12 sec block time), extreme (1s block time) etc. A coin is popular or not is not because of its block time, but because whether people adopt it or support it.
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Lets say you're starting a new coin. How do you reserve the 3 or 4 letter code for the coin that all coins seem to have. And with whom do you register it? And what's the purpose or significance of the code?
There's no place to reserve, you can just search to make sure no exchanges have that symbol. It is the wild west, so do what you want. You can even have the same symbol with another coin, but if exchange will list it they will change it to an unused one. |
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