People are used to connecting China with BTC,but this is not a significant factor anymore.Chinese authorities are currently focused on the prevention of their citizens to use foreign exchanges for trading because they successfully stopped all exchanges in China.Nothing good should not be expected regarding BTC when it comes to China,the only question is whether they continue to allow mining.Although I understand that mining just make big profit for them and money is coming in county,the only thing that bother them is the money leaving the country.
I not see any connection between Chinese new year and any effects on BTC price,before or after.
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For those people who try to accumulate more BTC it is better to price stay low so they can buy/earn more with time,I think that's logical.But if you have large amount of BTC and intention to sell them at the highest possible price it is logical that you want to increase prices as much as possible.
Commonly opinion is that slow growth is better and healthier way,but hunger for profit is endless and most users just want to see new ATH,sell and buy back when correction occurs.There is nothing wrong in it, this is simple in human nature.
The question is simple,do you want that BTC become a stable currency that we can use anywhere and anytime or you want that BTC is only pump&dump scheme from wich mainly profit those who are the richest?
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First I do not know why it is a problem to transfer some of your profit to fiat,you do not want to pay tax or your crypto exchange does not have KYC?
I think that banks are perhaps the most powerful institutions in the world,and if they want it is very easy for them to strike on cryptocurrency very hard.Imagine that all or most of worlds banks say that buying/selling cryptocurrency becomes illegal,it means no direct money flow from banks to exchanges and vice versa.People would have to find another way to to buy/sell crypto,so only to trade in person or maybe on ATMs.
So far banks still evaluate situation what to do with BTC and cryptocurrency in general,we see some news that they are not still seriously concerned(not losing to much profit I suppose),but if profits star to go down and Lightning Network really improve scalability and make transaction fast&cheap there will be some reaction from banks for sure.
Regarding ICO I do not have any opinion how would such scenario reflected on this kind of business,but in general they will also be affected if banks are set completely negative toward cryptocurrency.
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I do not understand that no one really did not understand what was going on with Coinbase rumor.It all started with tweet of Garry Tan(investor in Coinbase) who say how fast is Nano transaction and that he think this coin will be in top 5 one day.That does not mean that Nano will be listed on Coinbase in the near future,and certainly not before we all know what happened on Bitgrail.
People are buying Nano because price is pretty good now,and can easily be doubled in few months-generally seems like a good investment.
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What a news, again Steve Wozniak and his story about BTC.This time he even failed to sold them,and somebody thinks that this can have any effect on markets,come on, be a little serious-it is only 7 BTC. Besides that what is 70 000$ for a man who have more than 100 million $,almost nothing.Would you feel bad if someone cheats you for 7 $,is this be story for the headlines?
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Well, that's pretty nice of him to return a part of the money he has stolen. If it were me, I would kept it: what is the point to stole money and then give it back?
Obviously you have not read any post in this thread,maybe to try read post number 6? There are at least two types of hackers,those who hack something or someone with the intent to steal something and others who hack some site/institution just to point to security flaws,but generally do not try to steal anything or do some sort of damage.In some cases, they are rewarded for their "work" becuse some company would lose a large amount of money and reputation if some bad hackers discover security flaw in system. In this particular case I gave my opinion,it is possible that the hacker will return the rest of the tokens or he will keep them as reward for his work.
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It is nice to see Nano is recovering and it is now holding 18 place in coinmarketcap,but with fairly good prospects to get in top 15 soon.Some of the price increase is for sure due to BTC price increase,but even when BTC price was under 10k$ Nano is showing ascending path.
It can also be bull trap initiated by hacker/s conected with BitGrail incident,but maybe he/she just sold everything he/she had.Price is just crossed 16$ and if BitGrail did not happen I have no doubt that price would be close to 30$ or even more.
I see that iOS wallet is working very good,and some extra works will need for Android in order to fix some bugs-but what I am waiting is support for hardware wallets,I hope Ledger will be first since there is some work in progres in this matter.
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It's really funny how FUDs are being busted by bitcoin's true dominance and power in the cryptoworld. What date is it now? I can't also remember bitcoin has dropped to 4,000 or even back to 6,000 last February 20.
If you just look freightjoe posts/threads it is obviously he is completely negative towards BTC.Although it turned out that almost everything he post was wrong and does not have too much with reality,he continues to doing what he does best-spread fear, uncertainty and doubt. If you know how things works there is not too much damage,but some inexperienced users are probably pulling some wrong moves when they read such titles.There is always a chance for any price,and any prediction/speculation is not problem-but I think that is ridiculous to connect date&price in such a frivolous manner.
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It's a positive thing that hacker return 30 000 tokens,and there is a possibility he will return the remaining amount.The fact that between first transaction (September 2017), and second (February 2018) has passed several months indicates that some kind of negotiations have been conducted amongst hacker and CoinDash.Since he return most of tokens this was probably hack to point to some security flaws and then ask company for some reward.
I doubt that CoinDash offer anything to this hacker,so he is maybe trying to keep some % of tokens for himself in a legal way, as a reward for find security flaw.If it was a hacker who want to keep all tokens this company will never get back anything.
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You say you want people to stop paying tax on cryptocurrency,but on the other side you offer your service with fee of 25% which is in most cases more than people would pay if they just cash out on their bank accounts and pay tax in their countries.
For me this makes sense only in the case that tax on cryptocurrency in user country is more then 25%.Also when you transfer fiat to Western Union or any bank account most of users will still need to explain from where is money coming since tax services follow all such activities.
You misread. Let's say that a tax in a country is 25%, and someone wishes to liquidate $100,000. I will do that for them. Now, let's say that after transfer fees and whatnot, they receive a total of $95,000. After tax, they should have received $75,000, but they are getting $95,000. Their tax savings are $20,000 and my fee will be $5,000. Is that enough for you to understand? I do not take 25% of the value, but 25% of the savings. Yes,I did not read correctly what you wrote,it is enough for me to understand. Problem for you is how you will determine what is capital gain of your users and how much tax he/she should pay to get your 25%.Also as I say there is big problem when you convert BTC to fiat and send by any way to someone.It is very easy for authorities to track such transactions. I live in EU and every transaction I made incoming / outgoing is visible to my tax office.So your service is not for USA citizens,but also it will not work for most of European countries. Anyway every service has potential customers,I do not condemn anyone in advance and everyone is free to use his money as he wants.
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I am of the ideological belief that taxation is theft, so I am providing this service which allows people to skip capital gains tax altogether.
If you live in a country where citizens are charged tax regardless of location (such as the US) then do not use this service, as it will be a FELONY and is known as TAX FRAUD. This service is only for citizens of countries that allow this to take place.
If you have crypto to liquidate, I will do it for you. This can be done safely (we can use an escrow) and it will be at any price point that you please. Afterwards, I will send your funds back to you (via PayPal, TransferWise, Western Union, etc.) and you can claim it as a gift, income, etc. on your records, if need be.
This works for me because I live in a country where there is no capital gains tax.
Fee: 25% of your tax savings
(aka if you save $10,000 altogether, I will charge $2,500 for this service)
Skype - live:aliaarmelle
You say you want people to stop paying tax on cryptocurrency,but on the other side you offer your service with fee of 25% which is in most cases more than people would pay if they just cash out on their bank accounts and pay tax in their countries. For me this makes sense only in the case that tax on cryptocurrency in user country is more then 25%.Also when you transfer fiat to Western Union or any bank account most of users will still need to explain from where is money coming since tax services follow all such activities.
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I remember when this competition start from Toronto to Last Vegas in 2017,it was interesting to follow racers in daily task trying to pay in six different ways : bitcoin,gold,cash,chip&pin and contactless.It's really unbelievable how many difficulties have racers who use chip&pin card and contactless way of paying,we all think it's the usual way of paying but if you look some of the videos from race you will see this is not the case.Also racer who use only cash had one major disadvantage,as I can see he only use 1$ bill.Try to buy airport ticket with a bag full of banknotes.
I do not know how gold payment is finished in second place,but you can not pay hotel,airplane ticket or any food with gold bars.Second race is Asia will be very interesting and if rules stay same BTC have big chance to take victory again.
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The idea is interesting,but it is very hard task to predict price movement in world of cryptocurrency.For short term prediction the forecast may be fairly accurate,but for 2 weeks it's a pretty slippery ground. I see you actual price of BTC now is 11289$,but on most exchanges price is close to 11400-from where you get price on your site? Let see how your prediction is accurate in long term for March 5,it say 11433$ in 2 weeks-what is actually todays price.My feeling says price should be something more than that,but let's wait and see Greetings, We have added real-time currency price update every 5 minutes for all supported currencies. There is no need to refresh the browser page to get latest price. Yes, 2 -week forecast is not very accurate, though it shows where the price is going to move. It is recalculated once a day. It is nice to have real time update,looks much better then before.As I say long term prediction have no too much sense since BTC is very unpredictable and it can go up or down anytime. I have a suggestion for new coin,it is called Nano (former RaiBlocks). Regarding financing of the project,you should consider to add some advertisement on your site to cover the costs of hosting and to get something for further development.I think that none of the users will not complain if the ads are unobtrusive and that there is not too much of them.
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Hi all,
I am done with on other bitcoin client (armory) after months of no success accessing funds from long ago. I know the funds are there because I was able to see the balance already, even managed to move a small test amount out of it. But since then I am not able to repeat that and to get this thing going again. It syncs and organizes stuff for days or weeks and then is unable to make an outgoing transaction. At the end all I hear is, that my PC isn't good enough. It is an old one but still not an ancient one. DELL precision T3500 workstation grade PC with 16GB RAM running windows 10 professional smoothly and fast.
This was my very first BTC experience back then using this armory client.
Now my patience is over and I look for an alternative way to accomplish the following:
1) Move all the funds to another wallet like electrum using the private key. It is just one single address. 2) Spend the BTC from electrum to my trezor 3) Access all forks which are worth it like BCH etc. in electrum after I spent the BTC on it.
Is it possible? If yes please point me to some trusted tutorials on how to do it.
thx
If you have private key from Armory then there is no problem and the thing is pretty simple.You need to download latest version of Electrum and import your private key-since you want to send BTC after that to Trezor sweep option have no sense(in that case you will pay fee 2 times). To import private key just follow instruction in process of wallet instalation-choose option "Import Bitcoin addresses or private key" and then paste your private key in next window.After short sync process you should be able to see your balance.Then it is easy to send BTC to your Trezor hardware wallet. After you send BTC to Trezor you can use your old private key from Armory to claim BitcoinCash,just download ElectronCash and import your private key/same thing like Electrum. For BitcoinGold there is only one desktop client 100% secure,but you need to download complete blockchain.There is some others ways too,to import that private key in some online wallet.
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I like the spirit of this man,after 10 000 BTC for two pizza back in 2010 he is now buying pizza again using LN and showing that today we not need even 1% of BTC to buy same thing.Considering many sad stories I read on this forum regarding lost BTC, he apparently have no problems with his "loss",probably because he have much more saved BTC or pizzas are worth every satoshi However 62$ for two pizzas today is to much for me, London is expensive city obviously-luckily Laszlo did not decide to do this in Japan.I doubt that 100 $ would be enough to order 2 pizzas there
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"While ethereum is discussing erc-20 improvement proposals and lots of other new blockchains are testing aggressive innovations, Bitcoin.org’s controller is busying with political games like changing the PoW, the future of bitcoin looks not good."
the future of bitcoin looks not goodFolks, the end is near. I do not know if you're just sarcastic or you really mean that one man represents BTC?Power of BTC is in people,not in some greedy Chinese and his buddy Reger Ver.If something is ending it is BitcoinCash,Segwit&Lightning Network will send BCH in the dark expanse of cryptocurrency. most powerful man in Bitcoin is nobody in front of 2nd richest man 'Warren Buffet" and Mr. Buffet said "Bitcoin will end up badly"
Warren Buffet is last man in universe to say anything about BTC,he is just old man captured in some past time.Time for him and his followers is almost run out.
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In a few months(June 2018),new hardware wallet should be available on the market.The firm behind this project is French manufacturer Archos in partnership with Domraider.The device will be fully manufactured in France(same as Ledger). Safe-T mini will support all OS,it will have USB connection,OLED display and hardware buttons.Price of this device should be 62$,but Archos partner Domraider will add 50 euros worth of DRT in co-brander version DomRaider. Some specifications : -CPU: 120 MHz ARM processor Cortex-M3 -LCD: OLED 128x64p -Size: 58mm x 7,8mm -Connectivity: Micro USB HID 2.0 -OS compatibility: Google Android, Linux, Mac, OS X, Microsoft Windows -Support: Bitcoin, Bitcoin Cash, Dash, Litecoin, Zcash, and Ethereum for now -Compatible with the following softwares: Electrum, MyCrypto, GreenAddress/Greenbits and Mycelium Device looks pretty nice,differently from other available hardware wallets,although some may not like a round design.I think that with the mentioned price Safe-T mini can certainly compete with Ledger and Trezor. More info: Official siteMediumDomRaider
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Hi, hoping someone might be able to point me in the right direction.
I'm trying to get funds off multibit classic but it is saying my password is incorrect. What I don't understand is that i'm pretty sure it was not password protected last year when I transferred a small amount in and out. I remember not needing a password at the time. That said, I do have some passwords so they must be for something.
So my questions: - Is it possible to have a multibit classic wallet without a password or am I just wrong? - Can backup wallets have different passwords? - What are my options? I have seed words but trying just now on another app they seem to be for an empty wallet.
Thanks for any help. I can't figure out how I did it a year ago but cannot now...
If your wallet is asking you for password, then you set password and you forgot about it.You say you have some passwords so try each of them and maybe one will unlock your wallet. 1.It is possible to have MultiBit Classic without password,it is just option. 2.Yes,every wallet can have different password. 3.If you have seed it is not from MultiBit Classic,it can be from MultiBit HD. You should stop use MultiBit long time ago,this wallets are outdated and no longer have support.But you have a problem now,wallet is locked and you can not send BTC or export private keys without a password. There is some option for you from MultiBit support if you do not find the appropriate password : MultiBit Classic Forgotten Password
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Do you live in the cave maybe?Of these terrorist organizations there were only traces left,and what 20 countries you talking?
ISIS had $3 million Bitcoins when Bitcoin was $1000. Now that is $30,000,000 with ISIS (most dangerous terrorist organisation in history) because of greedy people and rich scammers. Those trucks killing 10 or 15 people in Europe. You confirm that you live in cave,ISIS practically no longer exists and your statement about 3 million BTC or $ does not mean absolutely nothing without credible evidence.How much money ISIS have in $ or gold since they sold oil for fiat,not BTC? Turn your tv and watch more brainwashing on CNN-next news "ISIS is coming on horses and donkeys" with bags full of BTC
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That's what I am saying.
Only a fool will buy Bitcoin at $2000 when Gold is $1350/ounce.
Call people fools only shows your limited mind...People who bought BTC at 2000$ are still in big profit today,and if they sell at top price they are profit 10 times they invested.Gold Price per ounce is today only 1328$,so you lost money when you invest in gold,smart move? If any major terrorist attack gets funded by Bitcoin use due to decentralization and anonymity, it's GAME OVER
Terror group ISIS, ISIL, Al-Qaeda have some 20 countries.
Do you live in the cave maybe?Of these terrorist organizations there were only traces left,and what 20 countries you talking? The amount of rubbish you wrote in your short time in the forum is pretty big,maybe is time for you to check how much money you lost these days in your glittering gold.
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