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141  Economy / Economics / Re: Was Bitcoin actually just a Pump and Dump? on: January 22, 2017, 03:57:04 PM
It's the nature of bitcoin to have major changes in its price.
Everybody who deals with bitcoin knows that.
I even think that psychological factors are as responsable for the bitcoin price creation as the bitcoin whales are.
In bitcoin, times where we have no price fluctuation are rare, not the other way round.



You are right. Bitcoins price is volatile and so its normal to say that it is a pump and dump. Everything in the market follows this kind of rule pump and dump or should we call it properly as buy and sell. But even though there is a pump and dump bitcoin is still a true cryptocurrency. And if the creator made the coins to profit he will no longer need to create scams, hacks and other illicit jobs just to earn since if they hold a huge number of coins they will no longer need to do that.
i think the bitcoin trend is toward increasing and not going to decrease, although increasing the market take some correction therefore the price temporarily fell down and after that it start increasing again. so we can say that tie price of bitcoin is continuously increasing,
The next directions the market will take remain difficult to predict, but chances are low that we will see another crash as it happened a few weeks ago. And most of the analyzes I've seen so far point out that there is great potential for Bitcoin to deliver good results throughout the year... But it's hard to know what will happen tomorrow, or the day after... Short-term predictions are Something that I consider more difficult in that market.
142  Economy / Speculation / Re: Time to buy? on: January 22, 2017, 03:46:39 PM
This is a great price point to buy. $900 is the new low as far as I'm concerned. Soon it will be the last moment that Btc is under $1,000.
This is probably true, rather than being the result of a quick pump, the price has risen more steadily this time. I think the people who wanted to sell at that price range have already done it, and apparently the price has gained enough support lately. There are many signs that indicate that, in fact, this may be a great year for Bitcoin.
143  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Qtum] UTXO based POS Smart Contract Platform|On Coindesk & Bitcoinmagazine on: January 21, 2017, 03:21:51 PM
I see in the proposal a number of features that can potentially generate incentive to the use of this crypto. If developers do a good job to achieve such goals, the features present in it can make the project a cryptocurrency that differs from most cryptos in the market.
Good projects have become rare lately, so the arrival of this project will probably be seen as a good opportunity for investors.
144  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoins to hold during a bitcoin rally? on: January 21, 2017, 03:00:23 PM
Hi there I'm holding  bitcoin and all of my investments I have in bitcoins, I'm holding now 2 Altcoins litecoin and Monero (XMR), but i hope, I will get some profit from them, maybe not now but soon
Both are good cryptocurrencies, mainly because they have fair distribution, active community and technical aspects that differentiate these currencies from the others. But I'm not sure if this is the right time to buy... if Bitcoin continues to go up in value, I think Litecoin has better chances to remain stable in the market, but maybe Monero suffers some price drops.
145  Economy / Gambling discussion / Re: I never made any profits in dice game.. whats is your opinion on: January 21, 2017, 02:53:58 PM
- Of course, very difficult to make money by dice game, it is only used for entertainment
- We need a lot of luck to make a profit from the dice game, and I think that not everyone is such luck
- I think you should play the dice game for fun or to relax, can not hope to make a profit from it
Good points. It is a type of game whose design was made for users who understand the aspects you mentioned. Unfortunately, some users ignore such aspects and see this game as a way to get rich quick. I do not think that the will to get rich is a problem, but surely that is not the best way to achieve this purpose.
146  Economy / Service Discussion / Re: Investing in Bitcoin in A Better Way on: January 21, 2017, 02:44:35 PM
what is haobtc
cloud mining service, if investment in there use bitcoin or yuan
and rate bitcoin follow use huobi or okcoin, or self internal rate
Well, cloud mining has a bad reputation because most of the manager try to steal other people's money. In fact, there are only a few legit cloud mining services online and the rest are based on Ponzi scheme. Therefore, there is nothing ensure to us that HaoBTC is legit. If you not see their company, I suggest you should stay away from it Smiley
One thing I can not understand about cloud mining is the fact that if the hashpower these companies are selling can make a profit, then why don't they use that hashpower to favor themselves?
Some people argue that such companies prefer to share profit with users. Well, if they actually intended to share profit with users, then they would not put extremely high maintenance fees.
147  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: January 21, 2017, 02:18:51 PM
the difference between bitcoin, and the real money is in place. bitcoin has no place in the real world, but it bitcoin also only have one form, that is digital. while the real money, has many forms, such as digital, paper money, and coins. and its use is so wide of the bitcoin.
No, you are wrong, real money can be in the form of paper money or digital money. Bitcoin is only a digital money and the government does not create nor regulate it. IMO, the aforementioned are the big difference, people chooses both as they have different advantage it can give to us. Bitcoin is anonymous, good for shady activities and fast online transaction and etc.

As mentioned bitcoin has only the digital form, but real money has digital form as well paper form. Usability depends upon the user. Importantly more countries have been making steps to digitalise their entire paper money.
The fact that fiat currency is a physical currency is seen as something positive for some people, but the truth is that this is an aspect that brings a number of problems, such as the extra expense to store it in banks and the ease with which this kind of money can be faked.
With regard to Bitcoin, there are ways to store it in physical forms, but this creates an additional cost. In addition, most people have a smartphone these days, making it easier to use the currency.
148  Economy / Gambling discussion / Re: Strategy and Lost in GAMBLE on: January 21, 2017, 02:07:03 PM
Maybe in my sports betting will do prior analysis about condition of the team that will compete, because it will help to bet on the right team that will increase the chances to win. I think just it my opinion a strategy that could help to win the bet, I've tried many strategies in a variety of games, but it does not affect my opinion. My biggest loss when playing blackjack, I spent around 0.1 BTC in that game.
I agree with you that sports gambling gives chance for amount of win more much than amount of lost,
because it can be analyzed although depend on skills the gamblers do analysis.
But still there are the other problem on sports gambling not all of gamblers like sports.
Yes indeed strategy in a sports betting can greatly affect winning, and I feel it. But it is quite difficult to analyze accurately, and even a stronger team can lose a game. So that was very nice live betting for gamblers, because we are able to bet on during the match, it will ease us to win. I think the average gambler like sports betting, and it surely because I'm sure everyone likes the sport.
You are right it is still hard be analyzed but although it is quite difficult to analyze accurately,
at least we can do analysis than there are no analysis depend on lucky
and on trading analysis is not easy too.
I think the main problem is that, even using methods of analysis, in gambling the chances of winning are still low, as there are a number of variables that are difficult to control. In trading, in fact the analysis is difficult, but there are more ways to study the market and decrease the chances of losses.
149  Bitcoin / Bitcoin Discussion / Re: SegWit vs Bitcoin unlimited on: January 21, 2017, 01:51:31 PM
SegWit is far more progressive solution and it solves several problems not just scalability. Besides SegWit is softfork and Unlimited is hardfork. Remember what happened with Etherium after hardfork?
What happened with Etherium was due to the DAO hack and then the hardfork ultimately divided the community.
This won't be the case at all with Bitcoin unlimited, if it ever comes to fruition.
And why the DAO happened? Becouse several lamers decided that they are great programmers and make shit code.
With unlimited we have the same situation. Who will fix bugs in unlimited? Roger Ver?

Probably not, and what makes things even worse is the fact that, according to some comments, he has a large percentage of hashpower.
I read that a 95% consensus is required for SegWit activation. Does anyone know how much of that Roger Ver has?
150  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bittrex just kicked off another bunch of dead coins on: January 19, 2017, 02:58:54 AM
The truth is that bittrex added many coins that probably should not be on the website. Many of them had almost zero trading volume, the developers of the currencies also did not contribute, because the development was very slow. I believe that from now on bittrex will be more cautious when choosing altcoins to be listed.
151  Economy / Speculation / Re: $200 is on the way on: January 19, 2017, 02:52:02 AM
We Šan $ee the priŠe now, $200 i$ on the way. Š2017
And totally your prediction wrong, now Bitcoin price stable at $800-$900 USD, $200 USD is to low and quite dreaming if you think will happen in short time, even the price down maybe only can reach $500 USD.
Buy more if Bitcoin price go down and keep for long time to take more profit.
Reaching the two hundred dollar range is a very unlikely scenario because the cost of mining is very high, and miners would be at a loss in such a scenario.
Even the five hundred dollar range would be improbable. This would only happen if users start losing their confidence in Bitcoin. I don't see any reasonable reasons for this to happen.
152  Bitcoin / Bitcoin Discussion / Re: Research on Bitcoin on: January 19, 2017, 02:38:48 AM
Khan Academy is a reputable site, but to do a deeper study, it will certainly be necessary to understand the subject in more depth.

A few months ago I saw a thread here at bitcointalk with some references: https://bitcointalk.org/index.php?topic=1595704.0
153  Economy / Scam Accusations / Re: Scam alert : Do NOT INVEST in Genesis Mining on: January 18, 2017, 11:31:11 PM

Is their any cloud mining that isn't a scam?

I guess Hashnest is still the better one and they are really mining. Give it a try if you want. But you won't become rich with cloud mining anyway. So instead you could buy bitcoin and hold them.
The chances of getting ROI in this service are also very low, but this is probably the best option among the other cloud mining services.
The problem is that at one time or another the difficulty of mining will increase, in addition, the maintenance fee is high, making the situation of the user even more difficult.
154  Other / Off-topic / Re: Who controls the Bitcoins? on: January 18, 2017, 11:17:54 PM
The bitcoin course controll we, the people.

No company or country controll it, some guys has a lot of bitcoins, but at the end i and you controll it.
That's why the price of bitcoin can be controlled. for users with large capital can manipulate the price of bitcoin, with a very large volume they can make the prices as they wish. it depends on the user
bitcoin is a decentralize universal currency and is not under the control of a  single person, or a state, therefore i do not think that it can be manipulate so easily, because the users of bitcoin are too much and are present in all over the world. therefore i think it is not such an easy task to manipulate the price of bitcoin.
With regard to market manipulation, I also think that this is a difficult market to manipulate... not as difficult as larger markets, such as the stock market or the forex market, of course, but the point is that as Bitcoin gains more users over time, there is a greater volume of negotiations and the market becomes more complex.
155  Economy / Speculation / Re: Why Bitcoin price may not crash like 2013 on: January 18, 2017, 11:03:40 PM
In 2013 the market was smaller, there were fewer users, less liquidity and there were not many exchanges, the main one being Mt. Gox. Nowadays the situation is quite different. There is a larger user base, more exchanges and even high profile investors putting money into it.
All this favors the existence of a more stable market, with increasing and real demand, causing that the price is not only result of manipulation.
156  Economy / Speculation / Re: Sell or wait? on: January 18, 2017, 09:52:17 PM
My answer is wait. Now bitcoin price are increasing day by day. I heared that(from legendary member of this forum),bitcoin price will be 1000$ again on this month in the last week. When bitcoin price will be 1400$, i will sell all of my Bitcoin on this time.

Just hold your bitcoin ,And sell them when price are high.

Same here, I will suggest that we should hold for now.  Bitcoin is being actively bullish again.  We might see another $1k Bitcoin soon, or probably this time can give us new ATH.  We will be at a lost if we sell BTC right now.
Maybe not 1k soon, but the price is likely to stay between $ 850 and $ 950. It is better if the price rises more steadily... After a certain period varying in this range, it is probable that values higher than a thousand dollars are reached.

Some experts say, based on technical analysis and fundamentals, that in the middle of the year it is possible that Bitcoin is worth around two thousand dollars. I personally think that, in a few months, the price may be well above the values seen a few weeks ago, but it is still too early to know...
157  Alternate cryptocurrencies / Altcoin Discussion / Re: E-dinar is scam coin?? on: January 18, 2017, 07:55:47 PM
Hi today my friend invite me to join E-dinar. I'm still confused with its system but it looks like a pyramid scheme.
4-5% for every 7days and a lot of intensive for referral program. So is it what I think?
I'm not sure if it is a scam, but the gains seem unrealistic. In any market it is very difficult to obtain between 4% and 5% per week. In most markets this is difficult even within a month. Generally a gain of 1.5% to 3% a month is what very experienced traders are able to get.
158  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: January 16, 2017, 11:03:47 PM
What a question!! Only the price of bitcoin matters and nothing else. We are showing interest in bitcoin only because of its price. If bitcoin was priced at $1, no one would have shown interest in bitcoin for sure.

The bitcoin price is attractive and hence people are investing in it and actively earning it. The price is the only factor here.
Disagree with you dude even if the price of bitcoin is $1 I know bitcoin will still be use by many people because of less hassle especially when sending money.
The network would certainly continue to work, but the problem is that many people would lose a lot of money if price fell to such a value. Stability is a very important factor for a currency that seeks global adoption. Therefore, price matters, as it is a reflection of the efficiency and stability of the currency.
159  Economy / Economics / Re: Bitcoin can not replace fiat on: January 16, 2017, 10:56:01 PM
Fiat cannot be replaced in my opinion. Everyone is using it and bitcoin started as money of comouter savvy people. Some don't even know what bitcoin is and some doesnt comprehend well with new things and probably closed minded people
That's why bitcoin will need a lot of time to be known like the fiat. Maybe a decade is enough, I have no doubt bitcoin will replace fiat soon especially now bitcoin users are fast growing compared for the past years.
Bitcoin will certainly achieve a greater degree of success, mainly because this solves real-world problems. But to become a currency adopted by most merchants, it will certainly take more than a decade. The number of people who know Bitcoin is lower than many people think. This is a process that involves many vairables and it can take a long time to happen.
160  Economy / Gambling discussion / Re: To Gamble or To Invest? on: January 16, 2017, 10:47:00 PM
Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.

That's only true if the gambling site doesn't have any bugs at all or the people hit the jackpot a couple of times. The house edge is nothing if people gets lucky. All those small earning from average people will all belong to the person/s that will hit the jackpot. Other than that, your gambling site should have enough players so you can cover all the advertising, staffing, and all other expenses. There are also gambling sites that goes bankrupt, you just don't notice it.
This is an interesting observation, because I recently saw reports of users complaining about glitches on gambling websites, and these were services that were known and trusted by most in the community. This is just one of the reasons why I think you have to be very careful when gambling online.
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