My friend. The United States of America will rather go start a war than fall like the USSR and East Germany did. In fact, they dont have to, because it is in the very interest of countries like China and Japan that America stays afloat. If they go down, theyre taking everyone with them.
The last time the united states went to "war" it spent in excess of $6.5 trillion and only succeeded in making its terrorist enemies more powerful. USA went to war and ISIS for example went from being a small organization to being a large, powerful, organization which encompasses near to the entire world? Spending $6.5 tril to achieve that, seems like a bad deal? America is not equipped to wage war efficiently or cost effectively. It routinely inflicts a higher dollar damage amount to itself whenever it goes to war, than it manages to inflict on its enemies. I'm not certain what "war" is supposed to achieve? It would exacerbate the deficit and cause the united states to implode economically at a faster rate? Yeah exactly. America wants an ongoing and never ending war that will make them manufacture more weapons and print more money. They are not there in the middle east to win the war. That is not profitable for them. They are there to keep sure the war doesnt end, my friend. America has an economy that needs there to be a war. |
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You will be better off investing your BTC in an ICO and getting at least a 3x return than locking your BTC in a cloudmining site. Cloudmining was a fad and now everyone knows that its not profitable, now all the money is in ICOs.
Yes I believed that investing BTC in an ICO is much profiable than of cloudmining sites and exactly not profitable. Money in ICO is a good investment choice, because of those ponzi mining schemes that offers ghoat investment returns that might disappoint you in the future. I am pertaining to genesis mining which turned as scam not actually scam that's too hard to predict in any cloud mining if we can generate profit on what you have invested. I preferably choose that it's better to invest it in a secured on which is an ICO, because many are putting their money in those a lot of ICO projects which I am planning in the future. ICO's is the new goer by those people who wants to earn but provably they can earn more bigger on this if they invested on days of the crypto that they give some bunos but same as hyip you should try to vigilant on these since not all ICO's are pretty much good since there are certain scams behiding on good roadmaps so we must beware on them so that we will not see our money fly away to our wallets. Yeah thats true. All Im saying is there are trends or fads that are happening in the cryptocurrency community, and right now its the day of the ICOs. The cloudmining racket is already the thing of the past. That model has been proven unprofitable so there are less people that fall for it now. ICOs on the other hand is where the money is now because many people still fall for it as good investments. |
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BIP 148 if it fails and lead to chain split. This probably split the price of bitcoin too. I am not an expert but this is my speculation if ever there will be a split in chain. Hopefully everything goes well and there will be a solution for scaling without having the effects like chain split.
Im positive it will be this. Nothing like the old chain split to immensely make the price bubble pop.  I think BTC will recover but its risking itself from holding on to being no.1. Ironically another split chain, ETH, might be the one replacing it at the pinnacle of crypto. |
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You will be better off investing your BTC in an ICO and getting at least a 3x return than locking your BTC in a cloudmining site. Cloudmining was a fad and now everyone knows that its not profitable, now all the money is in ICOs.
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Lets focus on USD. But USD is currently backed by the US government who has a monopoly in law enforcement and military protection of the United States of America. No matter what you say about the USD, you are forced to use it whether you like it or not. Its what funds the military to function. You wont be happy without it believe it or not.
The fall of the USSR & end of the Cold War demonstrates how even superpowers are not immune to basic laws of economic disaster. The USA being $20 trillion in debt could end in a similar fashion to the downfall of the USSR. Although the media doesn't discuss it, the deficit could be the greatest threat to the united states in this day and age. For these reasons the US dollar could be a bubble. It could be overvalued far more than bitcoin is. My friend. The United States of America will rather go start a war than fall like the USSR and East Germany did. In fact, they dont have to, because it is in the very interest of countries like China and Japan that America stays afloat. If they go down, theyre taking everyone with them. |
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I think Megaupload 2.0 wont operate well without segwit. The way it was represented, it was almost like it was going to operate the same way as LN. A layer on top of BTC with the BTC blockchain used as the settlement layer.
No segwit, no Megaupload 2.0.
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This is one of the company that hires yahoo62278 as their campaign manager ( I know he is not involved with this stuff) , I almost use their wallet as my web wallet for different altcoins since it was promoted here in the forum by several members lucky I get lazy in transferring my coins to their web wallet and saved me from troubles like this. Tsk, we never know when people will scam us until they do.
No, yahoo62278 has no direct association with this. All campaign managers do is provide their services in the forum. Anything outside of it is out of their control. Hes also a victim if you ask me since he was tricked to manage a campaign for their scam. |
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You would have to be patient with Poloniex, theyre having issues with their exchange right now with all the lagging and the double transaction withdrawals happening.
My advice would be to keep emailing them. Irritating them worked for me before, but I had the right to since I had over BTC10 in my account, and it was a verified account.
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It doesn't matter whether you're mining Bitcoin, Steem, Ethereum or DASH. No one gets ROI on Genesis Mining. No one can do it. And now that the price has gone up, people have started deluding themselves into thinking that it's possible.
After the price has gone up dramatically for basically every single alt and for Bitcoin as well, there's now going to be a quick rise in difficulty to match that over the coming couple of months.
You'll find that your payouts get lower and lower and lower as the difficulty of Steem goes up and the price goes down. Slowly but surely you lose all hope of achieving ROI. After the two years of your contract are up, Genesis Mining have your miners for as long as they want to use it.
It's like a "legitimate" way to steal people's money.
This. If you want to make passive income with your BTC then its better to do casino investments. I havent started investing in one myself but I have seen some people vouch for it as a good way to earn extra BTCs. There are numerous threads in the gambling subforum that track their own investments. I see that casino investments in not that profiable since it's a gambling form of games that's having a platform of winning an amount of money or bitcoin. Eventhough you can earn profit from playing but still lossing a lot is always prone, just the same as cloud and steem mining; there is mo such assurance of profitable returns of your holdings invested. Most of the reasons why this is scamming to impressions of everybody who hears and analyzed the scenario of investments offered, you cannot see a hardware mining still a suatainable aource nowadays; but mostly were scams and ponzi's. You dont get it. The house always has the edge in all the games so it will always be profitable in the long run. If I have some to spare, I would put my BTC in casino investments than in cloudmining contracts which are mostly scams anyway. How many cloudmining operations closed down as opposed to BTC casinos? I think the rate of cloudmining sites going bankrupt is larger. |
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Actually USD and EUR are not bubbles. USD and EUR are bubbles. They're bubbles as there has been no price correction to account for the magnificent amounts of debt accumulated by both EU and USA governments. I hope you're learning something. Many patently false things said on this forum. Lets focus on USD. But USD is currently backed by the US government who has a monopoly in law enforcement and military protection of the United States of America. No matter what you say about the USD, you are forced to use it whether you like it or not. Its what funds the military to function. You wont be happy without it believe it or not. |
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It doesn't matter whether you're mining Bitcoin, Steem, Ethereum or DASH. No one gets ROI on Genesis Mining. No one can do it. And now that the price has gone up, people have started deluding themselves into thinking that it's possible.
After the price has gone up dramatically for basically every single alt and for Bitcoin as well, there's now going to be a quick rise in difficulty to match that over the coming couple of months.
You'll find that your payouts get lower and lower and lower as the difficulty of Steem goes up and the price goes down. Slowly but surely you lose all hope of achieving ROI. After the two years of your contract are up, Genesis Mining have your miners for as long as they want to use it.
It's like a "legitimate" way to steal people's money.
This. If you want to make passive income with your BTC then its better to do casino investments. I havent started investing in one myself but I have seen some people vouch for it as a good way to earn extra BTCs. There are numerous threads in the gambling subforum that track their own investments. |
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Not quite, he is saying that it depends on # of buyers vs. # of sellers at any given moment. Speculation creates value, and this in turn creates more demand, mainstream media attention, etc. A fast run-up in price doesn't make a bubble. Bitcoin has and will continue to attract media attention and more of the general population. It's healthy to have these waves of price increases, it means that the media is influencing a larger number of people and turning them into buyers aka demand-creators
So meaning all that value comes from speculation, like the dotcom bubble. Thats a very dangerous spot to be in because it could all start going south. What we would rather much be seeing is the growth of unique users and the growth of transactions or usage instead of the growth in price That's why Bitcoin can hardly be called an investment I guess many would disagree with that statement but is there anyone who would call pouring your money into a Ponzy scheme or HYIP shebang an investment? Unless Bitcoin becomes a currency in its own right, it will remain in the state of a "financial pyramid" mainly. As long as it expands, its price could rise as well, but it can't expand indefinitely if it is set to remain only that, i.e. a highly speculative asset. That's likely another reason why we see so much confrontation in the Bitcoin camp right now Thats true but BTC is already a currency in its own right. There are already many people using it in the darknet. All the commerce happening in there could only expand with the help of cryptocurrencies. But having said that, theres still a lot more speculators in the market speculating and making BTC overpriced Most people care only for the speculative value of Bitcoin Apart from that, Bitcoin is most likely already crowded out from the DarkNet transactions. Many genuinely anonymous currencies have appeared since Bitcoin had been actively used in the dark web at the dawn of its life. Obviously, Bitcoin won't be able to make it back into the DarkNet. The throne is never empty, and it's already taken. So if Bitcoin speculative part is removed, how much will remain of its price? Even with respect to merchants, Litecoin is ready to take Bitcoin's place, and if Bitcoin becomes toxic thanks to disagreements and confrontations in its camp, merchants will likely stop using it What are the many anonymous currencies that are currently used in the darknet besides BTC? I also want to know how much transaction volume those anonymous currencies have and if they are eating a large part of BTC's market in the darknet. On the clear web you say LTC is ready to replace BTC. I also want to know how much transaction volume LTC and compare it to BTC's transaction volume. I think if there are merchants ready to accept LTC, they will but side by side with BTC. They will not replace it. |
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Sadly, I have not yet seen any country-backed cryptocoin to ever reached even 1% of the success Bitcoin generated so far. Why? It is because a country-released cryptocurrency is running counter to the very reasons why we have Bitcoin.
There was no altcoin issued by a country. Even auroracoin was an independent project. Most of them were pure scams that's why they ended so bad. And if the Russians will enforce their coin as a payment method it will not die so easily. Most important it will their attitude towards bitcoin once they have rucoin active. Its not a real cryptocurrency if its distribution is centralized. And how are they going to deploy it? Are they going to use POW, POS or something else? Whos allowed to hold it and how will the Russians stop foreigners from holding some?
If its really decentralized, what about sybil attacks? Im sure lots of hackers would love to play around with a nation backed crypto. America, your country needs you.
What is so hard to understand. They issue coins and you can go to you bank deposit 100 rubles and get 100 whatevercoin. And hold your horses, one successful attack against a coin using the blockchian will be bad for bitcoin also. Whats hard to understand is I buy 100 rubles of whatevercoin and that 100 rubles worth become very volatile in the crypto market. It would be better to hold the 100 rubles in BTC. |
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Hey man. Theres no need to make money out of your fellow Bitcoiners. Why not teach them how to speed up their transactions instead. Theres a site thats already doing that for us and its easy to use. https://www.viabtc.com/tools/txaccelerator/ |
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Its not a real cryptocurrency if its distribution is centralized. And how are they going to deploy it? Are they going to use POW, POS or something else? Whos allowed to hold it and how will the Russians stop foreigners from holding some?
If its really decentralized, what about sybil attacks? Im sure lots of hackers would love to play around with a nation backed crypto. America, your country needs you.
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I think many of us, have a huge problem with the volatility of the BTC. And also the technology behind the BTC is outdated. There are huge amount of the other new generation cryptocurrencies that are more secure and adopted to special needs of different economic and consum needs. I have a big problem with BTC because of the high volatility. So i found Minexcoin, that according to the whitepaper might be more stable and less volatile.
The technology behind BTC is not outdated. It is the most advanced and the most secure out there. Just because BTC doesnt have the features other cryptocurrencies have doesnt mean its outdated. But what could something like Ethereum do better than Bitcoin? Smart contracts with no real world use, ICO scamming? |
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Not quite, he is saying that it depends on # of buyers vs. # of sellers at any given moment. Speculation creates value, and this in turn creates more demand, mainstream media attention, etc. A fast run-up in price doesn't make a bubble. Bitcoin has and will continue to attract media attention and more of the general population. It's healthy to have these waves of price increases, it means that the media is influencing a larger number of people and turning them into buyers aka demand-creators
So meaning all that value comes from speculation, like the dotcom bubble. Thats a very dangerous spot to be in because it could all start going south. What we would rather much be seeing is the growth of unique users and the growth of transactions or usage instead of the growth in price That's why Bitcoin can hardly be called an investment I guess many would disagree with that statement but is there anyone who would call pouring your money into a Ponzy scheme or HYIP shebang an investment? Unless Bitcoin becomes a currency in its own right, it will remain in the state of a "financial pyramid" mainly. As long as it expands, its price could rise as well, but it can't expand indefinitely if it is set to remain only that, i.e. a highly speculative asset. That's likely another reason why we see so much confrontation in the Bitcoin camp right now Thats true but BTC is already a currency in its own right. There are already many people using it in the darknet. All the commerce happening in there could only expand with the help of cryptocurrencies. But having said that, theres still a lot more speculators in the market speculating and making BTC overpriced. |
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I also received my payment. Ty!
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No problems here either. Are you from Russia or China where the government is strict? My biggest worry is if regulations start coming after exchanges making BTC to fiat conversion a pain.
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Not quite, he is saying that it depends on # of buyers vs. # of sellers at any given moment. Speculation creates value, and this in turn creates more demand, mainstream media attention, etc. A fast run-up in price doesn't make a bubble. Bitcoin has and will continue to attract media attention and more of the general population. It's healthy to have these waves of price increases, it means that the media is influencing a larger number of people and turning them into buyers aka demand-creators
So meaning all that value comes from speculation, like the dotcom bubble. Thats a very dangerous spot to be in because it could all start going south. What we would rather much be seeing is the growth of unique users and the growth of transactions or usage instead of the growth in price. |
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