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161  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Bitcoin Cash beat BTC? on: November 14, 2017, 04:47:53 PM
No BCH can never beat BTC. No Crypto currency can beat ever beat Bitcoin.

Yes Bch can never beat bitcoin. Bch just been increase the value lately and I dont think it can overtake bitcoin. I think bch will fell down its price and if you dont know how to ride you will lose. So be wise and think more before to invest.
It seems like BCash only increased from wash trading and not due to actual fundamentals. The timing was way too suspicious to be organic growth.
162  Alternate cryptocurrencies / Altcoin Discussion / Re: I hope you guys won't fall for this BCH joke on: November 14, 2017, 04:32:53 PM
Good thing I did not bought BCH because if I did I might be crying right now. I am loyal with bitcoin alone and if by chance I'll buy BCH just because I want to earn more bitcoin by trading bch and that's just it.
Find another coin to earn more Bitcoin with. No need to support Bitcoin Cash in any way or form.
163  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⭐ CHIMAERA - True Blockchain Gaming - Private Pre-sale Open on: November 14, 2017, 01:43:12 PM
I held HunterCoin on Poloniex on the Snapshot. When can I expect to have chimaera coins?

That will be after the Chimaera blockchain goes live, but the exact timing is up to the people at Poloniex to determine.





Chimaera will replace the old HUC tokens? Or both will continue to exist? It would be great if Chimaera will be added to Poloniex too. How is this being different to MobileGo by the way? MobileGo failed to get listed on Bittrex so Chimaera or HUC should be the ones getting listed there. Grin
Why did MGO fail to get listed? Do they pay dividends?
164  Economy / Economics / Re: Bitcoin or gold? on: November 11, 2017, 07:49:36 PM
I'll bet for Gold as it is natural and everything else is HUMAN MADE!!

Gold has proven time to time over thousands of years and any attempt by Humans to over take Nature has failed out right for greed and fear again and again!! Bitcoin is one among followed by Sterling Pound, US Dollar and Euro to some extant. History is the proof!! it's the time which witness (not SegWit Grin)  Boom and Bust.

The very most factor for every failure in past and in future as well is "Greed and Fear", Greed will bloom in search of growth leads to Boom at the cost of Blood, Sweat and Time of Wide Users in the name of inflation caused by Greedy Issuer and Fear will bust in search of value to maintain purchasing power at the cost of Blood, Sweat and Time of Wide Users. in both the Wide Users are Victims to the Issuer as Money and Governance Power will suppress Wide Users.

These is the Economics of World in simple terms!!

Only fact to be admire in this process is "Innovations" happening at every stage in every aspect of life. After all its part above eco-system of Survival for labour to most, Intellectual with Passion to Few and handful chosen investors is the recipe of Innovation.


Why Bitcoin (or any of it's fork) will fail quickly in my opinion.

- It is not decentralized as it claims -- Everything is in the hands of Miners and Dev Community, even if new fork claims (Bitcoin Gold) to be decentralized 80% is pre-mine inheritance from Bitcoin and remaining 20%, it's witness to "The Pareto principle" of 80/20 Rule, where 80% of creation is held by 20% of people mined cheap with less difficulty and remaining 20% is what 80% of people has to fight for high cost of mining and difficulty in Block chain.

- Cost of Capital is huge -- Even when there is no ecosystem developed or evolved for using as medium of transactions for Goods and Services in Common places of Lively hood. The Cost of Capital which Bitcoin lenders seek in this forum to establish business is out of question. (proof: negative rating for my account).

- Cost Transaction and Time Taken for Transaction --  most important thing for Wide Users, may not be for handful people and institutions looking for alternative to USD for moving funds for there greedy cross border businesses every day in Trillions (1,000,000,000,000) so many zeros for just 1 trillion. Current USD based transaction system has limitations in future, that could be reason for creating Satoshi Nakamoto in disguise in order to innovate, develop and evolve system for those handful people and institutions.

I'll stop here as most of the economic noble's will understand my thought process and seeds in there thinking capacity in order to perform there "Karma's".

Why does it matter if it's "natural" or not?

Humans were naturally created by the environment. So everything that humans create is natural as well as a direct consequence. Humans aren't some special external force that is somehow independent of the rest of the universe. We're just another part of it. Man-made vs non-man-made is a completely arbitrary and pointless distinction to make.
165  Economy / Economics / Re: Banks offering only 1.3% interest rates for Savings Account on: November 11, 2017, 07:47:16 PM
If the investment would be in BTCs it would worth a lot, but as it's fiat better to stay away... 1,3% is already too low compared to the profit we make just by holding Bitcoins with the aggravating that fiat loses price each new year. At first impression it can look a good investment as you just let your money resting at the bank with full guarantees of return after X time. But it's not.

Better to invest in BTCs or in a piece of land where you can buy cheap and build or produce something to generate income.
The interest on bank deposits is guaranteed, while Bitcoin is very risky. That's why it's so low. But inflation considered only people who don't understand money would save in bank accounts instead of buying other assets of varying liquidity.
166  Bitcoin / Bitcoin Discussion / Re: Are miners abandoning BTC? on: November 11, 2017, 07:44:56 PM
The number of unconfirmed transactions on the BTC network is increasing rapidly. It is now 115,000 and rising - I have never seen it that high. Are miners switching to BCC/H due to the huge price increase of the last 48hrs and the cancellation of Segwit2X ?
It's just Bitmain distorting facts. Most of the miners in the Bitcoin Cash network belong to them. They are everything that Bitcoin stands against, they are lobbying to manipulate public opinion, distort markets and lie. Just check who is the biggest supporter of Bitcoin Cash and who cancelled the SegWit2x fork. It's all planned. Stay out of Bitcoin Cash if you don't want to support evil people.

What is the answer?  Will Bitcoin recover from this?  Many are saying that BCH is the "real bitcoin", which I know is false.  But I don't want to ride the Bitcoin train to $1K and watch BCH run to $10K.  What is the answer?  Just hold both?  I don't know what I'm supposed to do with my Bitcoin other than HODL
The answer is, don't invest more than you can afford to lose and don't support things you do not believe in just to make money.

There are a lot of ways to make money by supporting good causes, like Bitcoin, while avoiding bad ones like Bitcoin Cash.

If you are worried just diversify into altcoins that you sincerely believe in or even stocks.
167  Economy / Economics / Re: Do you think bitcoin ever be safe for any investment ? on: November 11, 2017, 06:26:45 PM
Seems safe enough to me.

For institutional investors, they might add a bit, but I can't see them really going hard on a crypto position.



It's safe enough for me to go in quite big as well. But people need to keep in mind that it's still one of the riskiest investments that can be made today and prepare properly.
168  Economy / Economics / Re: Banks offering only 1.3% interest rates for Savings Account on: November 11, 2017, 06:25:09 PM
I went to my bank today to change money to foreign currency because I will be traveling abroad soon. I asked the lady what are the current annual interest rates if you decide to give your money to bank for certain period of time without being able to withdraw that money (Savings Account).
She said proudly that zhe interest rate is 1.3% which is the highest in the country. I was holding my laugh and smiled kindly to her and I said that even 1.3% is not enough for me.
What do you guys think? I think 1.3% per year is a joke. Money can lose that much value in one year so you didn't actually profit at all. What kind of interets rates do you get at your banks?
It's about the same to be honest, there is typically little in excess of 1.5% if you're lucky, there is maybe one instance I can think of that does have closer to 2% but you have to deposit a certain monthly amount into the account in order to maintain the interest rate, otherwise it drops and you don't have the same interest rate, it becomes lower than 1.3% if I am remembering the deal correctly.

I know there are some investments that I could be making more use of which would be returning close to 8% or 10% yearly, but I haven't looked into them yet and they're fairly new, so there's no good indicators as to their longevity.
Egypt actually has insanely high interest rates, something like 10% or more if I recall correctly. That's not going to be sustainable for them though, and the people of Egypt will likely suffer the consequences in the future.
169  Economy / Economics / Re: Regulating Bitcoin on: November 11, 2017, 06:23:37 PM
Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?

Regulation is possible but the more regulations there are, the less decentralized Bitcoin becomes. One of the fundamental benefits of Bitcoin is that it is independent of banks and government control.

I understand that governments want to be able to collect taxes on profits, but if regulations go further than that, it will weaken Bitcoin. The same is true for all cryptocurrencies that are decentralized.
Regulation isn't really possible without players like Bitmain trying to gain control over the actual Bitcoin network and blockchain. If that happens people will hopefully be smart enough to not support those moves (like Bitcoin Cash) and to stay decentralized.
170  Bitcoin / Bitcoin Discussion / Re: Are miners abandoning BTC? on: November 11, 2017, 06:21:29 PM
The number of unconfirmed transactions on the BTC network is increasing rapidly. It is now 115,000 and rising - I have never seen it that high. Are miners switching to BCC/H due to the huge price increase of the last 48hrs and the cancellation of Segwit2X ?
It's just Bitmain distorting facts. Most of the miners in the Bitcoin Cash network belong to them. They are everything that Bitcoin stands against, they are lobbying to manipulate public opinion, distort markets and lie. Just check who is the biggest supporter of Bitcoin Cash and who cancelled the SegWit2x fork. It's all planned. Stay out of Bitcoin Cash if you don't want to support evil people.
171  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ignore this Alt Speculation sub-forum until bitcoin price stabilises? on: November 10, 2017, 11:07:09 PM
When bitcoin goes up, Alts go down.

When bitcoin goes down, Alts go down.

When Bitcoin price is stable flat line then Alts prices go in the green.

All above happens regardless of any Alt and regardless how good the road map is for that Alt.

So in summary just ignore this Alt speculation sub forum till bitcoin price stabilisation?

Or which altcoins are independant from bitcoin and the above statements?
This is probably not going to be true forever. Once the first serious companies start popping up on the blockchain they will, at least to some extent, become independent of the Bitcoin price.

Things will also look very different if Bitcoin breaks the trillion dollar market cap, since volatility should start decreasing significantly by that point in time.
172  Economy / Economics / Re: Banks offering only 1.3% interest rates for Savings Account on: November 10, 2017, 10:42:52 PM
The interest rate is low because the central bank's interest is very low as well. And higher interest rates are inevitably going to pose significantly larger amounts of risks. I don't think it's a very smart move to keep a lot of money in a bank account though.
173  Economy / Economics / Re: Do you think bitcoin ever be safe for any investment ? on: November 10, 2017, 10:41:15 PM
Not until it becomes so widely adopted that the volatility decreases drastically. This would happen if Bitcoin reached a price in the $100k to $500k range, so it won't happen for several years if ever.
174  Alternate cryptocurrencies / Altcoin Discussion / Re: Who is buying WAVES? on: November 10, 2017, 10:10:26 PM
I am buying Waves regularly. I really believe waves is a good coin because it has its own blockchain and other asset can be easily created using Waves.
I am much more interested in their own exchange. Seems like it'll be an advantage over Ethereum, NEO and other "smart contract/token creation" blockchains in the future.
175  Bitcoin / Bitcoin Discussion / Re: Is this SUDDEN price rise good for BTC? on: November 10, 2017, 10:08:39 PM
I posted this topic when BTC was rising like anything.. but now again I am replying because it is dropping like anything..  Huh
People were expecting Bitcoin to fall after the fork, and since Segwit got cancelled early the price started dropping earlier than originally anticiapted. Nothing too special happening here as far as I'm aware.
176  Economy / Economics / Re: Can Amazon Integrate Bitcoin? on: November 10, 2017, 10:06:54 PM
I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.
And I think he is right bitcoin is great but there are not enough people using bitcoin at the moment in order to justify adopting bitcoin, I know that we all would like for amazon to accept bitcoin but there is not a reason for them to do it, there is no money in it, there are going to be all kind of troubles with scammers and it is not part of their ideology, so they gain nothing by accepting bitcoin.
How are people going to scam Amazon with Bitcoin...? The payments are irreversible, so Amazon would actually have increased security over traditional payment methods.
177  Other / Off-topic / Re: Things you used to eat as kid that now makes you want to puke! on: November 09, 2017, 11:18:00 PM
My mom used to bake a lot, she ended up catering.  When I was really young, and go to the kitchen to help her, and when she wasn't looking, I would steal a stick of butter.  I'd chump down and bite off mouthfuls of butter from that heavenly stick.

Ugh, the very thought of even the smallest lump of butter churns my stomach now!
That's actually quite a hilarious story. Grin
178  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO Is Really A Good Investment or Not? on: November 09, 2017, 11:16:48 PM
I think the ICO is an effective investment channel in the moment. In order to invest, you should carefully study the ICO project that you intend to invest. Include: idea, team DEV, technology, community, roadmap, whitepaper ... You invest when you really understand it.
Not all the ICO's are intended to make the growth of Blockchain technology more easier to use and secure. Most just want the money.

I agree it is very hard to identify now which is legitimate or not , that's also the reason why china banned ICO's , there is only a few good ICO project but most of them just want to robbed money from people , sad but it is the reality
It's not that difficult to identify the legitimate projects to be honest. You just need to pay attention to how much work has been put into the project and it'll be pretty obvious. The bad ones just throw around a lot of fancy buzzwords, but make it obvious that the creators don't really understand anything.
179  Other / Off-topic / Re: Things you used to eat as kid that now makes you want to puke! on: November 09, 2017, 08:28:49 PM
Today I found myself remembering stuff I used to eat as kid, even begging my mother to do, that nowadays I can't see myself eating, and even makes me wonder if I still have a liver and why I don't have diabetes for eating that!
Here's my list or weird stuff I fancied as a kid:

- Chicken hearts and livers.
- Egg cores shaken with sugar.
- Water mixed up with flour.
- Knorr cubes.

Had you experienced this feeling also? What was that thing you loved to eat but that now just sounds like a lousy idea?

eggplant. unless its from japan. but even then its hard to eat.
For me it's actually the reverse with eggplants. Used to hate them, now I love them. Depends a lot on preparation though.

Also used to love mushrooms as a kid, now they make me gag. What a strange world.
180  Economy / Economics / Re: Can Amazon Integrate Bitcoin? on: November 09, 2017, 08:22:55 PM
It's pretty strange they haven't done it before. Amazon is at the cutting edge ecommerce.
Some other websites allow crypto payments years ago. Don't know what they wait for. Maybe they wany to develop their own crypto on the blockchain, who knows? Smiley

You seems not aware that bitcoin can be used in amazon or not I cannot understand. I see that you are not much knowledge about purse.io because still you can able to buy anythings using purse to access in amazon site.
There was an announcement about the bitcoin payment api in amazon but not yet added.
He's not talking about third party services or resellers of Amazon gift cards. He was specifically talking about shops that have Bitcoin payment gateways integrated into their own website directly. Which Amazon does not, as he correctly pointed out.
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