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1561  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] [ICO]🔶 Spectre.ai (SPEC) 🔶: Speculative Tokenized Trading Exchange🔶 on: November 03, 2017, 09:06:33 PM
#JOIN

Bitcointalk username: cybersofts
Forum rank: Full Member
Posts count: (948)
ETH address: 0xA3807236a0B5b0392CC5691Cc26542E6A39f6F76


Hi Sylon,

Permission to leave the campaign.

Thank you, sir.

Regards,
cybersofts


Hi Sylon,

Permission to return to Spectre - Signature Campaign.

Previous spreadsheet number #59

Forum rank: Sr. Member

Posts count: 1206

Thank you.


Best regards,
cybersofts

Lol, is this allowed Sylon?
Moving from 1 of your campaign to your other campaign with higher rates and want to back to first campaign after the new campaign has lowered the rates.
Which among the ICOs do you have guarantee that is going to be successful?
Life is a math game. so stop whining like a pig, will you?
1562  Economy / Economics / Re: USD vs BTC on: November 03, 2017, 09:01:01 PM
is bitcoin more popular than US Dollar ?
US Dollar is still more popular than bitcoin.
Bitcoin might be popular but not anywhere close to USD.
USD is one of the three most popular fiat currencies in the world (USD, Euro, and British Pound)
Bitcoin is getting headlines nowadays because of it value. If you are talking about value then USD is not anywhere close to bitcoin Smiley
1563  Economy / Speculation / Re: what you think about bitcoin in like 5 years? on: November 03, 2017, 04:44:47 PM
bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

I'm very optimistic about future of bitcoin.
2 years ago value of bitcoin was only $200 and last year around $700.
Today, even with this recent big drop, btc price is still much higher than last year.
So, regardless of the occasional higher falls, bitcoin prices are constantly increasing every year.
I expect that such trend will continue and that we will reach price of $10 000 very soon Smiley

In five years from now bitcoin will be super expensive, it will reach anywhere between $40k - $50k.
If you look at the present bitcoin growth this year 2017 - bitcoin gained over 800% increased in value this year alone.
So, if bitcoin can manage to grow by 500% every year in 5 years, then the value of bitcoin could definitely reach what I was saying. Smiley
1564  Bitcoin / Bitcoin Discussion / Re: Should we buy now or sell? on: November 03, 2017, 04:31:15 PM
What's actually happening with bitcoin? Market is collapsing hugely.Is this the better time to buy or sell? And will it goes under 2000 or 1000? If so should we buy then? Suggestions would be helpful
I think its always a good idea for me to buy bitcoins as the value keeps going up. But you know people have different motivations and issues sometimes. If you have the money and you want to buy bitcoins - it never too late to by bitcoin always. If you have some issues that might require money and you have bitcoins you can sell them and solve your problem. 
1565  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: November 03, 2017, 04:25:04 PM
What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?
Bitcoin is both digital currency/asset for me that present an opportunity for me to invest and make profit, period.
Bitcoin present the same opportunity for everyone around the world, the only difference between me and the rest is the choice i make.
Thankfully, now lots of people are starting to see the value and potential of bitcoin as the value keep growing every single day, no matter what the media says. Smiley 
1566  Other / Off-topic / Re: What wallets do you use? on: November 03, 2017, 03:20:27 PM
Which one suits you the most?
I often used both online and offline wallets for different reasons.
I used online wallets such as Xapo and Blockchain.info to store my bitcoins for ease access when buying things online.
I also used offline wallets such as Ledger wallet and Trezor to store not only my bitcoins but altcoins too for safe keeping and maximum security.
1567  Bitcoin / Bitcoin Discussion / Re: What is bitcoin on: November 03, 2017, 03:16:06 PM
What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
I also tell them to google it if they want more information. Honestly it's fucking annoying when people that are clueless start making all these questions. It's going to be easy for them to just start doing some research. I tell them that it's a decentralized currency but it's better used as a store of value rather than a currency because it's honestly pretty stupid to spend your BTC on groceries when you know it's going to go up, similarly to how it's stupid to buy groceries with gold.
I think this is a thing I usually encounter when someone wants to know what is bitcoin. Some of them, they just ask out of curiosity but there are still people who would ask me because they want to invest or put their money and time on it. But I think if they are really desperate to know what is bitcoin, they will be willing to find an answer without asking me all of it. I am the same at my first time here but I did not ask my friends so much about it but I've watch a lot of videos, read a lot of article to know more about it. You must not bear their problem but you just need to guide them.
Oh, come on... why not just make simple explanation for them by starting with what the original bitcoin white paper said, huh?
Let's makes this short: Bitcoin is a peer-to-peer electronic currency that is fast, secure, decentralized and acceptable worldwide.
People always want to hear something new and interesting, and when you explain bitcoin in this simple form by putting things together people will understand it very quick. Smiley 
1568  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: November 03, 2017, 02:58:12 PM
Bitcoin will not last forever
I predict Bitcoin will not be able to compete with fiat currency that has been widely circulated among all the people of the world, not a guaranteed value of the Bitcoin makes the price move is not fair. In my opinion, the increase in the value of Bitcoin significantly in recent times due to the act of the speculators that applies in a very irrational, it can happen even in economics assumed all humans are rational beings. This is because there is a psychological side of human in making decisions, in this condition will continue to act greedy speculators in
  profit-taking but forget to pay attention to the fundamentals of Bitcoin itself, the attitude of the Chinese Government against Bitcoin should be
wake up call for the speculators to stop pursuing profits from this trade. Although the existence of Bitcoin will not last long, but this situation should the financial institution's need to realize that the increasingly dynamic society requires a more dynamic pattern of transactions anyway, and one way to produce a more dynamic transaction system is to use electronic money or e money
Unlike the virtual currency , This commodity is money fiat currency is converted in the form of non-cash or less cash
Addition will facilitate economic activity will also encourage greater economic growth as a result of the circulation of money faster....
The fact that you said bitcoin will not last is simply ignorant.
There are far too many backers of btc that will not let it fail.

You need to use logic when conducting opinionated statements.
Oh, come on guys, hold your horses... the future is looking brighter than ever for bitcoin and that is all we want.
People are starting to believe in bitcoin better than fiat, as it provide more freedom and privacy the people.
By using bitcoin you can send money anywhere in the world in no time with cheaper transaction fee.
Bitcoin was designed to be fast, secure, decentralized and acceptable worldwide.
1569  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] [ICO]🔶 Spectre.ai (SPEC) 🔶: Speculative Tokenized Trading Exchange🔶 on: November 03, 2017, 02:30:20 PM
#JOIN

Bitcointalk username: cybersofts
Forum rank: Full Member
Posts count: (948)
ETH address: 0xA3807236a0B5b0392CC5691Cc26542E6A39f6F76


Hi Sylon,

Permission to leave the campaign.

Thank you, sir.

Regards,
cybersofts


Hi Sylon,

Permission to return to Spectre - Signature Campaign.

Previous spreadsheet number #59

Forum rank: Sr. Member

Posts count: 1206

Thank you.


Best regards,
cybersofts
1570  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🌟[BOUNTY][ICO]🌟 GIZER - The Global Gaming Network 🌐 ► Presale 10th Nov. 🔥 on: November 03, 2017, 02:25:11 PM
Hi Sylon,

Permission to leave this campaign.

Done posting for week (7) also.

Thank you for understanding.

Best regards,
cybersofts
1571  Bitcoin / Press / [2017-11-03] Bitcoin takes another step toward wider acceptance on: November 03, 2017, 01:18:44 AM
A month ago, CME Group (CME) chief executive Terrence Duffy said he didn't see a need to list bitcoin futures. But Duffy, who heads the company that operates the New York Mercantile Exchange, has since reversed himself: He announced plans earlier this week to offer the contracts by year-end.

Such is the often-unpredictable nature of the market for bitcoin and other digital currencies, also called cryptocurrencies. In less than a decade, they've morphed from an esoteric idea hatched on the internet to the financial world's mainstream with market valuations that eclipse the economies of some small countries and publicly traded corporations, including Goldman Sachs (GS). 

Bitcoin, the largest of all cryptocurrencies, has been on a tear of late, surging 17 percent over the past week to above $6,600 on Wednesday, an all-time high. That indicates many investors are ignoring warnings from JPMorgan (JPM) CEO Jamie Dimon, billionaire Warren Buffett and others Wall Street veterans who argue the bitcoin market is a bubble pumped up by fraud that's bound to burst.

Bitcoin prices were $960 at the start of the year. In 2010, they were 8 cents.

Once the CME Futures contract launches, investing in bitcoin will become easier and more affordable for investors because the coins likely will be priced at a fraction of their current value. It also will enable skeptical investors to place bets that the cryptocurrency will fall, also known as selling short.

"This is going to make people more comfortable and also make the markets more stable," said Abhishek Pitti, CEO of Nucleus, which provides cryptocurrency services. "An institution is coming on board to organize the chaos."

Bitcoin has plenty of fans in the financial world, such as Fidelity Investments CEO Abigail Johnson, whose firm has been "experimenting" with digital currencies for the past three years. Boston-based Fidelity allows some clients to access their digital currency held on the Coinbase exchange through their Fidelity accounts. Fidelity employees can also use bitcoin to make purchases in the employee cafeteria.

In a recent speech to a conference, Johnson said she "loved" bitcoin, its main rival Ethereum and the "blockchain" technology that powers digital currencies, though she noted that many challenges lie ahead.

"What we've realized is that if you only look at this technology through the lens of the problems that exist today, you will not find many compelling use cases -- at least not that can be implemented at scale," she said, adding that she remains a "believer" in digital currencies. "If you are looking for bitcoin to beat Visa at the point of sale today, you are going to be disappointed. If you are looking at this technology as just a faster settlement system for financial transactions ... also disappointing."

As Bloomberg News recently noted, Wall Street banks are taking a cautious approach to cryptocurrencies. Goldman Sachs CEO Lloyd Blankfein said he's "open" to the new technology, while his counterpart at Citigroup (C) John Gerspach is taking "an intense" study of digital money and blockchain. 

Still, skeptics such as Kevin Werbach, an associate professor of legal studies and business ethics at the University of Pennsylvania's Wharton School of Business, keep sounding alarm bells about bitcoin's stratospheric rise potentially leading to a dramatic fall.

"I'm not sure which way the futures markets will cut," he said. "Regulated bitcoin derivatives markets will bring in more institutional capital and potentially smooth out volatility through market-making. On the other hand, they'll expose more investors to potentially serious risks."

Werbach added that "we simply don't know to what extent the massive rise in cryptocurrency prices this year reflects fraud, manipulation or a herd mentality around poorly understood investments."

Not surprisingly, financial advisers are getting peppered with questions about bitcoin, from people eager to get in and those wondering when to cash out, as well as those wanting to know what all the buzz is about.

"It's crazy. There are stories out there of young investors who bought bitcoin and now are millionaires," Houston, Texas, adviser Ashley Parker told Financial Advisor IQ. "Even though it's such an unregulated marketplace, cryptocurrency is creating its own unique type of investment euphoria."



Source: https://www.cbsnews.com/news/bitcoin-futures-trading-step-toward-wider-acceptance/
1572  Bitcoin / Press / [2017-11-03] War on bitcoin? Govt panel seeks crackdown on cryptocurrency dealer on: November 03, 2017, 01:15:56 AM
War on bitcoin? Govt panel seeks crackdown on cryptocurrency dealers in India

NEW DELHI: To curb the use of cryptocurrencies in India, a government panel is said to have advised closing cryptocurrency dealers in India, ETNow reported on Thursday quoting agencies.

The decision has come at a time when cryptocurrency bitcoin has gained more currency, with US-based derivatives marketplace operator CME Group planning to offer bitcoin futures later this year. Market watchers called it a notable announcement that can open new doors for the world's yield-hungry institutional investors.

The largest cryptocurrency traded at a record high of $6,938 on Thursday.

Cryptocurrencies are digital currencies that use rules of cryptography for regulation and generation of currency units.

Bitcoin is one of the oldest and most famous cryptocurrency in circulation around the world.

Trading of virtual currencies has increased globally and have given extraordinary returns. At present, Bitcoin is hovering around Rs 4.90 lakh mark in India against Rs 1.79 lakh where it had three months back on August 2, 2017.

Instead of closing cryptocurrency dealers, the government should take steps to curb buying and selling of bitcoins or cryptocurrencies in cash. This move can reduce illegalities in the country, says Hesham Rehman, CEO & Co-founder, Bitxoxo, a bitcoin exchange operating in India.

If exchanges come under the definition of dealers, then in case of closure of domestic cryptocurrency exchanges, buyers will start buying them from foreign exchanges, he said.

Rehman said providing suitable guidelines to bitcoin exchanges could help exchanges and buyers of the currency. Exchanges had earlier requested the government to penalize individuals who are trading in it using cash.

According to reports, the aggregate value of all cryptocurrencies hit a record high of around $184 billion on November 1, according to industry website Coinmarketcap, making their reported market value worth around the same as that of Goldman Sachs and Morgan Stanley combined.

Lower return given by other asset classes including real estate and gold is one of the other reasons that helped increasing volumes of cryptocurrencies in the recent past.



Source: https://economictimes.indiatimes.com/markets/stocks/news/war-on-bitcoin-govt-panel-seeks-crackdown-on-crypto-currency-dealers-in-india/articleshow/61450361.cms

1573  Bitcoin / Press / [2017-11-03] Bitcoin Price Roller Coaster Hits $7,350 Flash Crashes Below $6,800 on: November 03, 2017, 01:06:32 AM
Not content with hitting the $7,000 milestone, bitcoin price struck a new all-time high of $7,350 before a flash-crash knocked nearly $600 off its value.

The world’s first and most prominent cryptocurrency is firmly in dizzying, unprecedented heights as bitcoin breaks another price record for yet another consecutive day. On Thursday’s bullish trading, prices peaked at a new all-time high of $7,350 on Bitfinex at 11:10 (UTC). Moments later, trading value pancaked in a ten-minute plunge to knock price down to $6,869. A short-lived recovery saw trading climb back above $7,000.

The downward trend continued as trading value scaled down to $6,753.

At press time, bitcoin price is back up again and trading to the dollar at $6,900.



Since the turn of November yesterday, bitcoin’s price has seen a spread of nearly $900. Despite losing nearly 3.5% in the last hour, bitcoin price is up 5% on the day and nearly 18% over a 7-day period, according to data from CoinmarketCap. The cryptocurrency’s market cap remains above $115 million, while the overall market cap for cryptocurrencies touched a new record high above $190 billion fueled by bitcoin’s gains earlier today.

 

Source: https://www.cryptocoinsnews.com/newsflash-bitcoin-price-soars-7350-flash-crashes-6750/
1574  Bitcoin / Press / [2017-11-03] Bitcoin Price Tests $7,000 Following Flash Crash on: November 03, 2017, 01:03:32 AM
The bitcoin price continued to test $7,000 on Thursday following a $500 flash crash earlier in the day.

Bitcoin Price Recovers From Flash Crash

As CCN reported, an exuberant Thursday-morning trading frenzy raised the bitcoin price above $7,000 for the first time. Not content with that level, the bitcoin price surged another $350 on the heels of massive buy pressure at bitcoin exchange Bitfinex, topping out above $7,350 to set a new all-time high.

Immediately following this rush, the bitcoin price fell prey to a flash crash, and it plunged to near $6,850 within ten minutes and eventually tapered off to $6,753.



BTC Price Chart | Source: BitcoinWisdom

However, the bitcoin price turned a corner and quickly recovered to $6,900, and it has spent the remainder of the day trading above that level and surpassing the $7,000 mark on multiple exchanges. Fueled by significant premiums at Korean exchange Bithumb, the bitcoin price is currently trading at a global average of $7,009. This represents a 24-hour increase of 6% and gives bitcoin a $116.7 billion market cap.



Source: CoinMarketCap


Analysis

There is no clear explanation for the flash crash, but it is likely a large-scale trader was taking profits following the bitcoin price’s record-setting week. At the time of the crash, bitcoin had appreciated close to $1,000 over the course of the previous 24 hours, so it is not surprising that the rally halted when it did.


Nevertheless, the bitcoin price demonstrated resilience following the flash crash, and its quick recovery is evidence of investor and trader optimism about derivatives exchange operator CME Group’s announcement earlier this week that it will provide institutional traders with access to bitcoin futures contracts as early as this year. The launch of bitcoin futures is widely expected to lead to the first Bitcoin ETF, an exchange-traded fund that will hold bitcoin futures contracts.

Some Wall Street investors are concerned that making Bitcoin ETFs available to retail investors is “playing with fire” and could lead to a repeat of last decade’s financial crisis, but the prevailing view among industry analysts is that the introduction of bitcoin futures will greatly increase liquidity within the bitcoin ecosystem and will help the flagship cryptocurrency mature as a financial asset.





Source: https://www.cryptocoinsnews.com/bitcoin-price-tests-7000-following-flash-crash/
1575  Economy / Speculation / Re: Amazon to accept Bitcoin as early as this October? on: November 03, 2017, 12:48:41 AM
https://bitcointalk.org/index.php?topic=1096611.0 And there are older topics about this matter. Like in second comment from OP

This could bring another revolution in the cryptocurrency market. Till now no official statement has been issued that will Amazon introduce new mode of payment i.e. Bitcoin in their system. But as for now nearly 5,381 petitioners have  signed the campaign in demand of introduction of bitcoin in the system so Amazon might think upon it. Also, Amazon was one of the early e-commerce trading companies and many new e-commerce companies follow its foot-step if they legalize Bitcoin then many other e-commerce companies and other companies may also start accepting the bitcoins. Hence making it as a new revolution.
Let's wait till October 26th and find out.

We need to wait and find out! Amazon is very big company and if they start to accept bitcoins that will make bitcoin more popular and trusted. I will not believe in this until it happens, I`m sure that one day they will start to accept bitcoins as payment method but when will that happen depends from them. Will they accept bitcoin directly or they will use service like bitpay is also important.
26 October is a month from now, that is not far away and soon we will know is this true or not. I`m sure that this can reflect on price and maybe bitcoin can really go to 10.000$ by the end of the year like some people predicted. I don`t see what else can make the price grow so much in just few months except this, I`m not sure that even this can enough for such price rise.
Oh, come on! Amazon debunked such rumor and called it a fake news.
Here is the post i made in the Press section about Amazon and bitcoin rumor.
https://bitcointalk.org/index.php?topic=2223175.0
1576  Economy / Speculation / Re: Bitcoin breaks $6,500 on: November 03, 2017, 12:44:46 AM
It's gonna get to 12,000 before year ends

Nope, you being ridiculous now. What will push the price up like that to double the price in 2 months? I know Gemini and the

twins are working on something and some big capital might be coming in soon, but you would have to get a $110 Billion boost

from where it is now, to get to $12 000/BTC  Roll Eyes Roll Eyes

Perhaps, bitcoin value will break $10,000 by the end of the year because it breaks $7,320 today.
Bitcoin value is growing very fast due the reason of getting accepted by some major exchanges in the world.
1577  Economy / Speculation / Re: Predictions of where bitcoin will be by the the end of 2018 on: November 03, 2017, 12:37:53 AM
Where does everyone think bitcoin will be by the end of 2018?

I'm interested to see where everyone thinks bitcoin is headed, like value wise and how people would have adapted to it.

In my opinion, by the end of 2018 bitcoin will cross 10000 dollars. I am not saying it will reach 10000 dollars, it will cross 10000 dollars . May be it can reach 12000 dollars or something like that. Because its getting popular day by day. Moreover nowadays its hitting the headlines of all media because of its high surge in price. So daily more people are coming to know about this cryptocurrencies and they want to invest in it. So as the demand increases, bitcoin's price will also increase. So no one can exactly predict that how much will be its price by the end of 2018.
Well for me, I think the price of bitcoin by the end of 2018 will be anywhere between $40,000 to $50,000 because if you look at the recent bitcoin growth, bitcoin value was growing in lighting speed. In year alone bitcoin value increases with about 800% - who knows may be the value of bitcoin might reach 1000% by the of 2017. If bitcoin continue to grow even it 500% next year 2018 - the value of single bitcoin would be around $40,000.
That's high prediction for bitcoin.. Here in my country bitcoin is really well known but not use by a lot of people so i think in next year it can increase people to use bitcoin.. if ever will know what is that actual use of bitcoin they can invest and use bitcoin instead of other internet payment processor since they can also getting the benefits of the price increases they can also buy easily without identity check when  buying online.. But this prediction $40k or even $30k is impossible to happen.. i think we  will see slowly movement but not in that price..
I'm not actually talking about people like me and you, i was talking about the big companies who started investing in bitcoin recently.
If you look at the recent bitcoin growth you should know that's not ordinary but highly anticipated by the very big companies and very rich investors.
And bitcoin value will grow whether with guys like us or not because a lot of big companies are now started investing in bitcoin. that is why the price of bitcoin keeps going higher.
1578  Economy / Speculation / Re: I do not have the guts to buy bitcoins now. on: November 03, 2017, 12:00:04 AM
I do not even have the courage to buy Bitcoin. Although I believe Bitcoin a lot. Many of my friends have made a lot of money by investing in Bitcoin. So I am thinking that I will buy Bitcoin in the future. As Bitcoin too Rising to 5000+ USD   Grin

WHAT DO YOU THINK ?  Roll Eyes
It's not a big deal, what are you afraid of? losing all your money in bitcoin?
Don't scare yourself because that is not going to happen... Just make up your mind and go buy bitcoins... period!
You should always remember this; it is never too later to buy bitcoins. Smiley
1579  Economy / Speculation / Re: Next 5 year for Bitcoin on: November 02, 2017, 11:59:12 PM
Bitcoin in 5 years in terms of price? Most likely definitely a lot higher than where we are right now. Sure, there will be rise and dips, skyrockets and crashes, there definitely will be more FUD(and a lot of it), but at the end of the day the price will always most likely stabilize at some point one way or another after a lot of positive and negative news that may hugely affect the price.

In 5 years bitcoin will reach $50,000...
In this year alone 2017 bitcoin gained about 800% increase in value.
If you calculate that by five years then you'll see what i'm talking about.
1580  Economy / Speculation / Re: Bitcoin will be 10k in the next 6-10 months! on: November 02, 2017, 11:56:58 PM
I think bitcoin value will reach $10,000 in the next coming 50-60 days because the value of bitcoin is growing continuously without anything to stop it.
A lot of people are now investing into bitcoin because they see the huge potential in bitcoin as it provide more profit just by holding it without doing anything.
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