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1721  Local / Alt Coins (India) / Re: (ANN)(ICO) टौर-क्यू-ऑल: ब्लॉकचेन मोबाइल कॉल/इंटरनेट on: December 21, 2017, 09:13:16 AM
टौर-क्यू-ऑल का ICO शुरू हो चुका है, यह 21 जनवरी तक ज़ारी रहेगा।
इस परियोजना का स्वर्णिम भविष्य है, आप इसे मना नहीं कर पाएंगे:
निवेश करने या अधिक जानकारी प्राप्त करने के लिए, विजिट करें:
https://www.torqall.com/
1722  Local / Alt Coins (India) / Re: [ICO] PikcioChain | ब्लॉकचेन-आधारित सुरक्षित विनिमय on: December 21, 2017, 09:07:51 AM
आज निवेश करने पर आप 25% तक बोनस प्राप्त कर सकते हैं। देर न करें, अभी अपने एथेरेयम बढ़िया डाटा विनिमय परियोजना में लगाएं:
https://pikciochain.com/en/
1723  Local / Alt Coins (India) / Re: [ANN] (आईसीओ) बाजिस्ता - देवियों और सज्जनों के लि on: December 21, 2017, 09:04:02 AM
क्या आप जानते हैं बाजिस्ता टीम हाल ही में दिल्ली में ब्लॉकचेन कांफ्रेंस में हिस्सा लेने आई थी और यह कांफ्रेंस बहुत सफल रही।
अधिक जानकारी के लिए टेलीग्राम ग्रुप ज्वाइन करें: https://t.me/joinchat/CZqsskNjLRpXlSyBwMswVw

ICO अभी चल रहा है और आज निवेश करने पर आप 15% का बोनस प्राप्त कर सकते हैं।
1724  Local / Alt Coins (India) / Re: (ANN) इंडाहैश ICO : सक्रीय ऐप,130 लोगों की टीम , 7 ऑफिस on: December 21, 2017, 08:53:56 AM
हमें यह बताते हुए ख़ुशी हो रही है कि इंडाहैश आईसीओ ने $40 मिलियन एकत्रित किए।
बचे हुए टोकन की जानकारी, विनिमय पर सूचित होने की जानकारी जल्द ही प्रकाशित होगी। बने रहे ..
1725  Economy / Speculation / Re: Effects from the Bitcoin Futures? on: December 20, 2017, 06:12:27 PM
Two things that I have observed so far are that the price variation between different exchanges has dropped and the prices of altcoins have increased along with bitcoin's price.  

It seems that Bitcoin Futures reinforces the legitimacy of Cryptocurrencies and motivates more people to get into the cryptos space.

Also, it seems that Bitcoin Futures manages people's expectation on the price and reduce the volatility.

What do you think?

None. Bitcoin Futures have minimal role to play here. There are more prominent factors effecting Bitcoin prices at the moment, most prominent among them at the moment is BCH rise!
Analyze BTC and BCH combo chart and you will find that both are inversely related to each other. Rise is one means stagnation or decrease in other. Due to excessive diversification from investors and BCH pump today, Bitcoin remained stagnant around $17K today but it will over soon. We will see it growing again. "Volatility is real essence of Bitcoin."
1726  Bitcoin / Press / Re: [2017-12-20] Bitcoin Price Stabilizes as Cryptocurrency Market Cap Tops $600 Bil on: December 20, 2017, 05:11:52 PM
Yeah, this is mainly because investors are now diversifying their Bitcoin holding among other coins as there isn't any FUD in the market forcing them to hold Bitcoins. No FUD simply means Boom in Crypto Market.

However, there is another reason for Bitcoin Stagnation at the moment and that is BCH drama! Every month Roger and Team repeat their planned so-called "BCH is new Bitcoin" drama and inexperienced crypto community blindly follow them. As a result we see huge instant pump in BCH price and dump the very other day. That is another reason why Bitcoin is today falls.
1727  Economy / Services / Re: ▄▀▄▀▄▀ ⚡️ Bitcoin Interest - Twitter Campaign - (OPENED) ⚡️ ▀▄▀▄▀▄ on: December 20, 2017, 03:24:11 PM
Link to your Tweet: https://twitter.com/Bitcoin_Bullet/status/943505475034685440
Twitter followers: 31800
Twitter audit link: https://twitteraudit.com/Bitcoin_Bullet
Bitcoin address: 3P6zaQvzMPDdzyq7UCjdnMRAVpVyNmHLFX
Telegram username: @webtricky

Retweets:
1. https://twitter.com/btcinterest/status/943204539322257410
2. https://twitter.com/btcinterest/status/943481651631411200
3. https://twitter.com/btcinterest/status/943491033404526592
4. https://twitter.com/btcinterest/status/943528017380433920
5. https://twitter.com/btcinterest/status/943948228411691010
6. https://twitter.com/btcinterest/status/944939888864104448
7.
8.
9.
10.
1728  Alternate cryptocurrencies / Altcoin Discussion / Re: Info regarding bounty programms on: December 20, 2017, 12:43:36 PM
hello, is their a place to know about all the bounties as they released? like a site or blog?

One of the best way to get notified about campaigns as and when they released is through this link:
https://bitcointalk.org/index.php?board=238.0;sort=first_post;desc

This is custom address of SMF forums to align threads according to the time they released. Bookmark this, open frequently and you won't miss any new campaign.
1729  Economy / Economics / Re: Economical World Of Bitcoin And Its Difficulties on: December 19, 2017, 06:24:29 PM
From many months i am thinking about what if " we remove fiat system , and change things into crypto " .. What are the main difficulties we will face ?

1. Internet every where is not yet done.
2. Awareness with Crypto ( but its not a big thing, as most are aware of how to use currency. )
3. Bitcoin is only 21,000,000 and world population is more. ( This can fix by other altcoins same like USD/RUB/CNY etc )

What other difficulties we can face ?

Awareness and internet aren't the big enough comcerns to limit Bitcoin or Crypto Future as mode of payment. In countries like India, using internet is cheaper than packet of bread due to massive tech revolution.
But where actually problem lies is within the structure of these cryptocurrencies itself. Before thinking to use them as mode of payment, can we ensure that transactions will work out within seconds and at negligible fees? If cryptocurrencies can't cater such basic requirement of currency then it won't possible even if every human on face of Earth knows how to use Bitcoin and cryptos.

Bitcoin's total number of coins will never be a problem. In current times the majority of the people can't even afford to buy 0.1 BTC anymore, and soon they won't be able to afford 0.05 BTC, and so forth. Bitcoin's total coin cap can be looked at from various perspectives.

21,000,000 BTC
21,000,000,000 MBTC
21,000,000,000,000 BITS
2,100,000,000,000,000 Satoshi's

Bitcoin's divisibililty is something that people tend to ignore since they just see Bitcoin's coin cap is fixed at 21 million Bitcoin's, while in reality it's just a GUI based level unit. We should accept that not everyone in the world is interested in using Bitcoin as their daily currency tool, so there will be enough coins, or better said, Satoshi's left for those who do end up using Bitcoin. In easy terms, no need to worry about this aspect.

This may look fancy theoretically on piece of paper but practically this isn't feasible. I wrote about this in my last post, have a look:

No doubt, Bitcoin has huge future potential but there is a big obstacle in this way, 'Scalability'. People argue that Bitcoin can be fragmented upto 100 millions units and if large number of people adopt Bitcoin there won't be any problem as people would start using Satoshis. But is that possible? Absolutely not! Scalability issue has limited Bitcoin diversification to the maximum of 4 decimal points. If we send lower than that, fees will supersede amount and transaction will become unfeasible to conduct.
So, we shouldn't expect anything above $100K for Bitcoin if current version i.e. Bitcoin Core continues to dominate Bitcoin in coming years. On the same side, I don't advocate fork or flippening rather there should be some consensus among miners to solve scalability issue.
1730  Bitcoin / Bitcoin Discussion / Re: Great Potential of Bitcoin -In a simple graphic on: December 19, 2017, 03:51:28 PM
The great potential ahead for bitcoin and crypto currencies.
Never underestimate adoption of powerful movements in the internet age.
Simple Info graphic below, says it all !



No doubt, Bitcoin has huge future potential but there is a big obstacle in this way, 'Scalability'. People argue that Bitcoin can be fragmented upto 100 millions units and if large number of people adopt Bitcoin there won't be any problem as people would start using Satoshis. But is that possible? Absolutely not! Scalability issue has limited Bitcoin diversification to the maximum of 4 decimal points. If we send lower than that, fees will supersede amount and transaction will become unfeasible to conduct.
So, we shouldn't expect anything above $100K for Bitcoin if current version i.e. Bitcoin Core continues to dominate Bitcoin in coming years. On the same side, I don't advocate fork or flippening rather there should be some consensus among miners to solve scalability issue.
1731  Economy / Services / Re: BITETHER.CO | TWITTER CAMPAIGN - HIGH PAYMENTS - 20 MEMBERS on: December 18, 2017, 02:03:18 PM
Weekly expense for one person = 0.50 + 7x0.25 = $2.25
Total number of participants = 20
Total Expense for a week = 20x2.25 = $45
Funds on Escrow Address = 0.105 BTC

Weeks required to exhaust funds (keeping Bitcoin price constant) = 1900/45 = 43 weeks.

Is this campaign intended to run for a year?
1732  Bitcoin / Development & Technical Discussion / Re: Is "cryptocurrency" a good term? on: December 18, 2017, 11:40:12 AM
It isn't necessary that every term has literal meaning, especially in technical world. When term has been largely accepted by people then it isn't required that it should fully represent the real meaning of the thing.
So far cryptocurrencies world is already widespread and over 50M people invested in it in last 9 years whereas several hundred millions aware of it. What we are discussing should had some relevance in initial years of Bitcoin and cryptocurrencies but now it is far too late. The term "Cryptocurrency" is even listed in Oxford Dictionary 2017 version.

I think it's a good term but it can be a scary term for non technical outsiders.


My tooth is blue but I am not Bluetooth. Please don't scare from me.   Roll Eyes
1733  Economy / Services / Re: Advertise on Bitcoin Bullet || Reach to 31.000+ Crypto Followers on: December 18, 2017, 08:43:25 AM


We have received over 10,000 Profile Visits in last 28 Days. Advertise about your ICO/project as pinned Tweet on our profile and get thousands of views/engagements.

Also we are heading towards 1M Twitter impressions, so can your project! Show sponsored tweet on Bitcoin Bullet.

Contact for prices.
1734  Local / India / Re: I-T department conducting surveys at Bitcoin exchanges on: December 18, 2017, 08:23:09 AM
What are your thoughts about the recent surveys conducted by the I-T department at Bitcoin exchanges across the country.  Do you see it as an attempt by the authorities to exercise unnecessary control and undermine the free spirit of Bitcoin.

The surveys were conducted to know the current status of funds underlying with exchanges in the form of btc deposits and fiat. It was just a pre-course for upcoming btc taxation policy and shouldn't be consider as unnecessary control.
Government has cleared its intention that Bitcoin will be consider as Intangible Asset (not money). So as in case, Bitcoin is subject to two types of taxation:
1. Capital Gains: People who made gains due to btc rise have to pay taxes on their gains.
2. Business Taxes: Companies doing business with Bitcoin as their main asset have to pay taxes.

So there is nothing to be fear. It has turned necessary to have a check and taxation on Bitcoin. We have heard a Money Laundering case from an owner of big Indian Exchange few years ago. There maybe more cases!

i think it will fall under capital gain , as described by cleartax

Capital Gain isn't the only possibility of taxation of Bitcoin in India. The Cleartax article you referring to includes more cases of taxation such as,
  • Bitcoin profits from mining: This is considered as self-generated asset but since there is no provision under existing law (Schedule 55) of self-generated asset about Bitcoin so no tax will be levied on it.
  • Bitcoin earning for Services and Goods: Bitcoin profits or earnings from selling goods and services will be considered as Income and Income Tax instead Capital Gain tax will be levied on it.
Other than above two cases, Business taxation will be third case as discussed in my previous post.
So Captial Gains isn't the only case.
1735  Economy / Economics / Re: How does bitcoin contribute in global market ? on: December 17, 2017, 03:25:43 PM
Its true to be say that bitcoin gives a huge contribution in global market through different task. Now most of people who are skilled and big investor know about  cryptocurrency and others digital currencies are greatly influenced by the bitcoin currency for purpose of earning profits.

That's true.
Nowadays Bitcoin isn't just limited to early adopters or tech people but general public at large have started investing in it.
One of the main sector where Bitcoin has shown significant rise is "Assets and Security Market". We all are aware of CME listing and future trading. But other than that, marginal investment sectors like Mutual Funds, Chit Funds, etc are now considering Bitcoin as their main destination to invest contributors' money.
The biggest buzz about this could be seen in India where Stock Trading Companies are now advising their customers to go for Bitcoin investment and that's why we could see premium of $2000 in India where Bitcoin is trading at approx $22K.
While lurking internet, I found this article showing another acceptance of Bitcoin :


http://c.mp.ucweb.com/detail/b1f94e64e951483886a5f35952b3827f?a=1&uc_param_str=dnvebichfrmintcpwidsudsvnwpflameefut&uc_news_item_id=895563875171605&app=samsung_h5_iflow&entry=samsung&cpmob_browser=samsung&coid=AALM%2Fs4mviOZmnzTNw91PMJQ3X98tJddTDD0NX0Yjk7BrRB9FStvwOs4B0RLVkiyXNI%3D
1736  Economy / Services / Re: InsurePal Twitter Campaign on: December 16, 2017, 04:31:24 AM
Post twitter account link: https://twitter.com/Bitcoin_Bullet
Post audit link: https://twitteraudit.com/Bitcoin_Bullet
Post # of your followers: 31750
Post BTC Address: 3P6zaQvzMPDdzyq7UCjdnMRAVpVyNmHLFX

Week 4

Tweets
https://twitter.com/Bitcoin_Bullet/status/951839296389922818
https://twitter.com/Bitcoin_Bullet/status/951995866151137280

Retweets
https://twitter.com/InsurePal_io/status/951829357898747906
https://twitter.com/InsurePal_io/status/949247806853742592
https://twitter.com/InsurePal_io/status/951049169426419712

Week 3

Tweets:
https://twitter.com/Bitcoin_Bullet/status/949355094171987968
https://twitter.com/Bitcoin_Bullet/status/948993213150453760

Retweets:
https://twitter.com/InsurePal_io/status/948187846384418818
https://twitter.com/InsurePal_io/status/948532436597604352
https://twitter.com/InsurePal_io/status/948997520847523840

Week 2

Tweets:
https://twitter.com/Bitcoin_Bullet/status/946427656882462720
https://twitter.com/Bitcoin_Bullet/status/946812178648018945

Retweets:
https://twitter.com/InsurePal_io/status/946092224483270657
https://twitter.com/InsurePal_io/status/945609139639738368
https://twitter.com/InsurePal_io/status/944979614891376641

Week 1

Tweets:
https://twitter.com/Bitcoin_Bullet/status/944232520928739329
https://twitter.com/Bitcoin_Bullet/status/943864019730890753

Retweets:
https://twitter.com/InsurePal_io/status/941672641471176705
https://twitter.com/InsurePal_io/status/944225966389424128
https://twitter.com/InsurePal_io/status/943920628645662721
1737  Economy / Services / Re: InsurePal Signature and Avatar Campaign on: December 16, 2017, 04:14:38 AM
Btctalk name: webtricks
Rank: Sr. Member
Current post count: 1304
BTC Address: 3P6zaQvzMPDdzyq7UCjdnMRAVpVyNmHLFX
Wear appropriate signature
Wear avatar
1738  Economy / Economics / Re: Bitcoin as a Medium of Exchange on: December 15, 2017, 05:48:06 PM
Many true Bitcoin enthusiasts actually prefer to use Bitcoin as a medium of exchange. They aren’t interested in investment or speculation or trying to sell at a profit.
Instead, they see Bitcoin as a way to engage in free association of trade without the need for governments to regulate the exchange. With Bitcoin, it’s possible to pay for goods and services instantly by transferring the digital money straight from your wallet to someone else’s digital wallet.

There are certain business accepting Bitcoin payments and Bitcoin is already an established medium of payment.
But recently two factors have effected its utility as mode of payment namely :

1. Fees and Transaction Time: Bitcoin isn't work instantly. Transaction takes minimum of 5 minutes to ~ to process depending on fees. Also fees is quite high which can even reach $15 in congestion periods.

2. Volatility: Bitcoin has very high volatility. Medium of exchange should be some commodity having relatively stable value. It is fatigue for business to keep its prices changing with changing btc prices.
1739  Alternate cryptocurrencies / Altcoin Discussion / Re: Buy and Hold 100 Cryptocurrencies for 5 Years - Week 1 - $404 USD in profit on: December 15, 2017, 05:00:35 PM
Sharing this cool experiment on crypto, consist of holding 100 cryptos for 5 years, investing $10 on the top 100 on coinmarketcap. So far with $404 USD in profit on the initial $1000 invested seems like the experiment is doing well.

What do you think about it? Could it be an actual good strategy to spread the investment on many coins? has any of you done something similar?

https://buyandhold100crypto.com/buy-and-hold-100-cryptocurrencies-for-5-years-week-1-404-usd-in-profit/

I am not much convinced from your experiment. First reason is that the sole amount is not much to give effective result. If seen singular then only $10 has been invested which isn't enough to take advantage of promising coins due to excessive diversification in shitty coins too.
Then secondly, during last one month Crypto Market was extremely bullish. This may not be in coming months and you may end up bearing losses. Also if you chose some 5-6 promising coins in last month, your profits may have been 100-150% than 40%
1740  Economy / Economics / Re: why is the price at localbitcoins so much higher? on: December 15, 2017, 04:24:27 PM
As per subject header, I noted that the price quoted on localbitcoins is much higher that the actual BTC price.

An example, as of now: BTC is trading at (my country Singapore) S$23,900 but on localbitcoins, sellers are quoting S$26,000 plus.

Why so? I do understand that there is a TX fee and some profit margin for the seller, but S$3000+?

I might as well buy from coinbase and sell BTC at localbitcoins to make a profit..??


There is no such thing like actual BTC price. The price of Bitcoin is shaped from its demand.
The international price is the average of prices of markets around the world. The demand of bitcoin is higher in some countries than the demand in other countries. So the average price is Combined Arithmetic Mean of these prices. While what you see on LocalBitcoin is the real price at your location. If it is higher than international price then it means demand in your location is higher than worldwide average and people there are ready to pay higher prices. This is nothing to do with TX id or other expenses.

PS: If you see such difference, you can make good profits using Arbitrage Trading. Search Google for more info.
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