0% tax huh. No wonder the Japanese crowd is diving in. Not to mention the legalization of bitcoin in Japan months ago. Good for them. Meanwhile in the United States.. people need to use capital gain or loss tax treatment on sales and exchanges, correct me if I'm wrong, but if I remember correctly the capital gains tax percentage in the United States can go up to 35%? I feel so sorry for the American crowd.

I thought about this in the past, and I agree with you. It's sort of bad for inexperienced people because they will think that bitcoin is expensive, not knowing that bitcoin is divisible down to 8 decimal places. I personally think it would be better if a bitcoin is like only around the hundreds in dollar value, while having a bigger denominator like "megabitcoin" or something (sounds stupid yes, just an example). It just sounds better paying for a dinner for like  "2 bitcoins" or something.

It's too late though. If it is to be implemented now it would just cause alot more confusion, as if bitcoin isn't confusing enough for non tech-savvy people. So, no. It shouldn't be denominated as mBTC.

See, the point of bitcoin mixers/tumblers is to "tumble" your coins so you can move your bitcoins to another wallet with it being untracable or atleast significantly difficult to trace. Transaction size isn't a indicator of a transaction's traceability. Can you expound your last question? Not sure if I understood it correctly. What trace tools specifically are you talking about?

Each bitcoin mixing services has sort of different methods, but the concept is the same. Try reading about ChipMixer if you wanted more information from the mixers themselves: https://chipmixer.com/faq

I'm not here to say if Genesis Mining is worth it or not (I don't think it is), but you might want to read this thread: https://bitcointalk.org/index.php?topic=1185909.0  A good number of bitcointalk members are calling them out for being scammers, so be cautious a bit.

I think for Genesis Mining to actually be worth it, you would need to have alot of referrals or you would need to re-invest most of your earnings. That's why you see alot of semi-famous cryptocurrency YouTubers endorse their cloud mining referral links.

1. Alphabay shuts down. Yes. But other darknet markets are open/soon to open. Also, the darkweb marketes has a good impact on the success of bitcoin, but bitcoin can survive with or without the darkweb.

2. The government can spread FUD to the people, scaring them away from bitcoin, but they can't shutdown bitcoin. For them to achieve that, they need to shut down the internet. Which we know is very unlikely.

3. True. How come if the rich own many bitcoins there will be no profit for middle/lower class? Whoever has more investments, the prices are the same for both parties. But ofcourse the rich are gonna get more profit, since they have more money for investing. Whats the problem with that? Also, bitcoin is made as a currency or for storage value. Bitcoin is NOT made to make profits. We're just making profits because of the volatility, but that's not the reason bitcoin is made.



That's the main reason we have easy-to-use services like Coinbase. It's for the less tech-savvy crowd. Also, maybe yea, it will take years to understand bitcoin. The thing is, you don't need to understand bitcoin to use it. Let me ask you, do you understand the world wide web? All those protocols and stuff? If you didn't take a computer science/information technology related course, then chances are, you don't. But you can still use the world wide web right? Exactly.

When using a market order when buying, you pretty much purchase the cheapest sell offer available. Whereas in limit orders, you set your own price. Lets say for example the current bitcoin price is at $3871. Then you set your limit buy order at $3750. If the price of BTC reaches $3750, it automatically buys at that price.

What is the most suitable method? Depends on you. Do you want to buy asap? Then use market order. Can you wait to buy at a certain price? Then set a limit order. The profitability depends on your orders, if you buy them at the right time, regardless of using limit or market.

Andrew1337 and dothebeats pretty much answered your questions correctly.

Just to add, just so if you might be planning on doing this in the future, you cant use the tags on your signature(the space below your reply) since images on user signatures are not allowed. This is probably to easily limit the signature space restrictions for certain ranks, or probably to speed up bitcointalk's loading time.

What kind of chart interfaces do you prefer? I personally prefer Bittrex's charts, but you could try charts on https://coinmarketcap.com/, which I use as a sort of a secondary for chart viewing. Though I'm not sure if that's the kind of chart you're looking for. If you don't like coinmarketcap too, here are some that I don't personally use, but you might want to try:

https://cryptowat.ch/
https://www.cryptocompare.com/
https://www.tradingview.com/chart/ - might be too complicated

I couldn't find a picture of it, but he has his wallet address behind his sign as shown on the livestream, so pretty much we know what his intentions were, to monetize from the publicity hes getting.

I'm very active in the DOTA2 community, and I've read multiple posts about that guy with the "Buy Bitcoin" sign. You thought he would get praise like the guy who first did the publicity stunt during Fed Chair Janet Yellen's testimony right? Wrong. Most of the replies I've read on the Dota2 subreddit towards this guy were negative. So yes, even though people from the cryptocurrency community might be celebrating what he did, we're actually getting a bad rap from people outside our community. Which is the exact opposite of what we wanted to achieve.

From the website url itself it already looks fishy. So to OP, no. Do not use this site as it's 90% likely to be a ponzi scheme, and also stay away from other investment sites and cloud mining sites. So if you want to earn, either join a signature campaign (you're rank is too low for signature campaigns to be worth it), do cryptocurrency trading, or buy cryptocurrencies and invest. If you're planning on joining a signature campaign, atleast aim for jr member or full member first as you won't be making much as a newbie.

Maybe.. withdraw your portfolio? You're talking as if Bitfinex ran away with your cryptocurrencies. Make it a habit of reading the actual article(s) instead of just reading the headlines and react immediately. I really expect alot more from a legendary member.


I wouldn't jump into conclusions that fast. Don't forget that the US government can pull off random reasons just to shut down businesses, not to mention we're talking about cryptocurrencies here. Which they might see as competition or a threat to their fiat. Also, maybe they're gonna disallow US citizens because of the same reason why ICOs are not allowed in the US?

Anyone has a screenshot of Yunbi? It's currently under maintenance. I wanted to see it's user interface. It's logo looks like the eSports organization, Cloud9 

Anyway, you said that one of your "niche" would be to add more trading pairs for Tether(USDT). This is a nice feature, since I don't think most exchanges have this. If I'm not wrong, most exchange sites only has BTC:USDT, ETH:USDT, and LTC:USDT. Also take into consideration that what if, shortly after your exchange site is up, the top exchanges also implemented more trading pairs for USDT? How would you drive people to use your service then?

Yes, no trading fees is a very good feature in my opinion, but I don't think that itself would attract most traders, as probably only the bigger traders are going to take advantage of this. Just my 2 cents.

Creating more than one account just to spam join signature campaigns is frowned upon here in bitcointalk. Not to mention creating more than one account means you have to post twice as more, hence most likely significantly decreasing your post quality. I'm not 100% sure, but I think the admins in this forum has a way to affiliate your main account to you alt accounts through your IP. I'm also not sure if campaign managers has access to this information though.

Also, enrolling on signature using multiple accounts are not allowed on most(if not all) signature campaigns. Here's one of ChipMixer's rules:

oh how I still vividly remember my daytrading days.. Everytime I see very small dips in the price graphs, I actually always feel the urge to panic sell. Same thing with small price rises, the urge to panic buy is also there. To sum it all up, I was very impatient. Hence obviously, I was losing alot more than I was profiting. Never again. I know better now, I only trade sort of semi-longterm(one trade a week or so). That way, the risks are way lower than daytrading.

Not saying that daytrading can't be profitable though. It definitely can, if you know what you're doing.

It's pretty much just like the traditional ATMs you see everywhere. You simply insert your fiat bills, then you use the bitcoin ATMs QR scanner to scan your bitcoin wallet's QR code. Then poof. You just bought bitcoin. Same with vice versa. I'm not just sure what the fees are, at it's probably different on each ATM service.

Here's a video of it: https://youtu.be/xajKjxxRL04

There is no like a certain amount you can earn with cryptocurrency trading. It's almost like asking how much you can win via playing poker or whatever gambling game people play these days. Because it's also somewhat a gamble. There is no way for you to like predict with 100% certainty what the prices will be throughout the day/week/month/year. Since you said you're a trader, you probably already know this but there are also chances of you losing money. There are simply just a lot of factors that decides if you make a profit or loss, or how much that profit/loss will be for you to know how much you're gonna earn/lose per month. Your possible monthly/annual income is just simply -$9,999,999 to $9,999,999 per month depending on your budget. Not to mention crypto's volatility. High profits and high losses are to be expected.

Personally, I think implementing a similar system for the old BitMixer is a good idea. Some people simply wan't their cryptocurrencies to be untraceable via block explorers, and nothing else beyond that. Though I agree with you that it can cause confusion, especially to the newer or older cryptocurrency crowd.

This ofcourse can be implemented successfully though. Maybe add a small comparison section between ChipMixer and ChipMixerLite on the home page of  chipmixer.com? Or maybe just add a slider on the top-right hand corner of the Step 1 deposit page, like YouTube's autoplay slider. Probably left for ChipMixer and right for ChipMixerLite?

It's pretty hard to say as of now. What I'm only kinda sure of is bitcoin will still be number 1 for this year, or atleast on top 3 via coinmarketcap, since personally I think it's possible for bitcoin to be overtaken by maybe a better cryptocurrency in the future. The competitive spot would be number 2 or number 3, whereas I think the cryptocurrencies that would be fighting for that spot would be Bitcoin Cash(BCC/BCH), Monero(XMR), Ethereum(ETH), Litecoin(LTC), Dash(DASH), and IOTA. Yes. IOTA. Who knows though, a brand new cryptocurrency that isn't currently invented yet will arise maybe a year later that could steal one of the top 3 spots.

Everybody just holding bitcoin is quite an assumption. Alot of people are using bitcoin as payments already. One of which is through Bitpay, which is being used on eCommerce stores today. Everyday stores are slowly and surely accepting bitcoin and other cryptocurrencies as payments. But yes, bitcoin has alot of investors that just simply holds them and doing nothing.

If ever bitcoin becomes inflationary, you still can't compare bitcoin to fiat, since bitcoin being not inflationary is only one of many of the advantages of bitcoin. You're forgetting some other important factors of bitcoin: being decentralized, somewhat anonymous(to an extent), secure due to encryption, etc. Does fiat have those characteristics? Nope.

Will Bitcoin Maketh a Good Currency? It's currently very debatable. Since some people look at bitcoin only as store value and not as a transaction currency. One thing is for sure, only time will tell.

   Why would they cap bitcoin to 21 million if it would die if that number is reached? You guessed it right though, bitcoin will most likely be non-volatile or at least less volatile after we reached 21 million. That will take alot of years more from now though. We definitely won't reach 21 million soon as more and more bitcoins are mined, the less bitcoins miners are making. What we currently don't know is that, will mining still be profitable after we reached the cap? Also, I've read a post in Reddit in the past, saying that we would reach 99% of the total bitcoin cap at around 2032. Not sure if that prediction is accurate though, time will tell.

And yes, like the others said, miners will not be able to mine new bitcoins again, as all their income will be solely be from transaction fees we're paying.