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181  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Majority of altcoin = scam on: November 15, 2017, 06:21:58 PM
When btc dump, they dump
when btc pump, they even dump harder wtf

I would not say that most are scams I would just say that most have little real value and are vastly overvalued just because they are cryptocurrencies. Generally alts perform best when bitcoin is going sideways.
182  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY][ICO][CDRT] CREDEROOM - a digital era fintech company on: November 15, 2017, 06:20:30 PM
it seems now ico has ended for now, so just waiting for news from the manager for the distribution of payments all campaign participants  Roll Eyes

Actually the ICO does not end for a further 4 hours so there is still a little time to invest some more or promote a little bit more! Once the ICO ends then I believe bounty campaigns end and we will wait for news of distribution.
183  Economy / Trading Discussion / Re: BTC HOLD or SELL? on: November 14, 2017, 06:09:28 PM
I have 70 BTC now (average price 7500 USD)

HOLD or SELL

I`m very worried about Bitcoin Cash.


If that was my entry point then I wouldn't even consider selling right now, wait it out and bitcoin will recover in time. Honestly you may have to wait 3+ months for a decent return but it will get there. The only reason to sell would be because you feel you can recover your losses and then some elsewhere.
184  Economy / Economics / Re: Why hard forks are good for Bitcoin on: November 14, 2017, 06:08:02 PM
This is just another theory, but it seems to be pretty consistent

So why hard forks are good for Bitcoin in the long run? In short, because they allow to get rid of rogue miners. Yesterday I read a letter signed by major cryptocurrency exchanges, and they declared that they would list Bitcoin forks (if such should emerge) as just any other altcoin out there. Basically, it means that any attempts to hard fork Bitcoin will massively and almost instantaneously backfire on those supporting them. People will naturally stick to the trusted version, and treacherous miners will be wasting their resources on mining a useless and worthless coin. In this way, they will necessarily leave the grand pool of genuine Bitcoin miners, and there will be more consensus between those who will remain in respect to future evolution of Bitcoin. Thus, those pools which support hard forks will voluntarily leave the scene and free space for other miners, likely more friendly toward gradual development of Bitcoin. That's why hard forks will come out as good for Bitcoin in the long haul

I mean in the long term hard forks will have to be something that occurs because there will always be splits in the direction that bitcoin should take, of course a lot of the time the split will just be pointless but sometimes it will actually have merit, take bitcoin cash for example, there seems to have been a coin created that actually can offer value and that's why both are no co-existing.
185  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO][CDRT] CREDEROOM - a digital era fintech company - ICO Campaign on: November 13, 2017, 07:09:20 PM



We are glad to announce that CDRT Tokens were released and soon we will start to transfer it to investors. The source code and transactions can be viewed one Etherscan.

Meanwhile we give short update on our Smart Contract:

Initial Supply of CDRT Tokens is 50.000.000. When CDRT Tokens will be sent to investors, distributed between Bounty participants and Team, CREDEROOM will destroy what will remain. This should happen until 22 November 2017. Smart Contract has no way to release new tokens.
We’ve set a Master Lock on all tokens transfers, except form owner to investors, bounty and team until 22 November 2017. This was made to protect everyone before final Total Supply will be set.

Team and Founders tokens, that is 5% of total, will be locked from sale for 1 year. These tokens can’t be unlocked before 15 November 2018 and will unlock automatically when time will come. CREDEROOM will publish all Team and Founders addresses and everyone will be able to check the lock, frozenAccount function can be used.

All Ethereum crypto currency transferred to Smart Contract address will be used for Reward Campaigns. CREDEROOM as said in whitepaper each year will obtain crypto currency and will transfer it to Smart Contract address for Reward Campaigns.

Smart Contract has 2 variables: peBalance and bbBalance. These variables will be updated each year on 10 and 15 October with current year Profit Equivalent and Buy Back Campaign funds.

Amount of Ethereum in peBalance will be distributed among all CDRT Tokens holders. To receive your part of these funds to your Ethereum address you will have to use claimProfitEquivalent function. To check what is your share of Profit Equivalent you can use snapShot with year (YY format) and your Ethereum address as params.

buyBackPrice will be updated frequently with current market price of CDRT Tokens. In order to sell and destroy CDRT Tokens you will have to use execBuyBack function, with quantity of tokens you would like to sell and destroy. If bbBalance will be enough to pay buyBackPrice you will receive Ethereum funds on your address and CDRT Tokens will be destroyed. Once tokens destroyed it can't be restored.

Great news that this is finally concluded and token distribution can begin! I am looking forward to seeing the final results and then following the success of the project going forward. Hopefully a final push can be made in the last 2 days of ICO to sell a few more tokens and raise a little more to help the project achieve its goals.
186  Economy / Economics / Re: Massive bitcoin manipulation possible? on: November 13, 2017, 07:05:19 PM
Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc Huh

Sadly this is all too possible and it's all too likely that this already happens, in any market there is the potential for large players to influence and manipulate the market in ways that are favourable to themselves. Sadly in this life most things are premeditated.
187  Economy / Speculation / Re: Fork gone! BTC to $10k in 2017 guaranteed! on: November 13, 2017, 07:03:44 PM
The uncertainty and general possible mayhem of the fork was the only thing standing in the way of $10,000 BTC by end of 2017. Now with the fork removed I think we are guaranteed to hit it in December.

How high do you think it'll go before end of year? If Bitcoin keeps its average pace this year it'll hit $11,000 roughly on the last day of the year.

Although the uncertainty of the fork certainly would have a negative effect on the price the overall fork was having a positive effect. It was a potential solution to bitcoins issues as well as attracting investors because of the potential 'free' coins they could receive.
188  Economy / Speculation / Re: Soo Soon ? BCH - BTC on: November 13, 2017, 04:52:45 AM
Grin Grin Grin
People are transferring their BCC/BCH bitcoin cash back to BTC. I just did and guess what? I made 200 Box doing that! Now waiting patiently for the next surge in BTC.. It's long waited.. 4 days down/red is too long. As at the time of writing this post-BCH is -20.22% Cry   . Expect price to re-evaluate at something around 400-800$ per BCH

Green is finally coming back To BTC! Be ready to buy  Kiss


Anyone else sees this coming?

Yes, it will happen, I think to most this is pretty clear, it's just a question of when. I wouldn't be surprised to see bitcoin cash settle somewhere upwards of 1000 usd however, I think 400 is too low.
189  Bitcoin / Bitcoin Discussion / Re: When BTC will be back on track? Unconfirmed transactions are pumped up on: November 13, 2017, 04:50:30 AM
Well I think it's just another thing that in time will be resolved by the laws of supply and demand, miners mine for profit, if transactions aren't being confirmed quick enough then people will increase their fees, then mining will be more profitable and transactions will clear quicker.
190  Bitcoin / Bitcoin Discussion / Re: Increase in BCH price is temporary only Bitcoin survives on: November 11, 2017, 05:53:05 PM
Many investors are moving their bitcoin to bitcoin cash due to the cancellation of fork and bubble burst fear. They will come back to bitcoin once they start seeing some crash over there. BTG thing will also be interesting as investors move from this to that will give bitcoin a boost.

It is just a cycle and panic thing. Things will become normal soon. what do you think? are you holding or moving?

I feel that bitcoin cash is inevitably going to crash but it will retain a price higher than that which it had before all the panic around segwit2x, I suspect that it will stabilise somewhere around 1k and that it will creep up slowly over time until solutions are put forward for scalability issues for bitcoin. Personally I missed the opportunity to move in to bitcoin cash and now I feel it is too late so I'm just holding my bitcoin.
191  Economy / Trading Discussion / Re: Time management. on: November 11, 2017, 05:50:45 PM
Time management is one of the most important skills to learn and one of the best things to try and learn at an early age, you will save so much time in the long term by investing some time in to yourself and your productivity right now, I have read many great books on the subject but find that they mostly boil down to roughly the same stuff and that is keeping a clear mental space and eliminating stress by effectively planning and tracking your activities. Some great tips from books that I've adopted are ones such as 'if something takes less than 2 minutes just do it now' this enables you to really get on top of things and boosts the feeling of productivity as well as getting nagging thoughts of your mind.
192  Economy / Economics / Re: Why Is Bitcoin's Value So Volatile? on: November 11, 2017, 05:46:17 PM
Well it helps to first think about the determinants of price and those are supply and demand, given that supply is relatively fixed it is clear that demand has a large effect on the price, so then the question more becomes one of why is demand volatile. I think to answer this we must look at why people demand bitcoins and I think we will find that a large part of the variable demand comes from speculation, people buy bitcoin to make money, this in turn pushes the price up and when they've made enough or lose confidence they dump and the price falls.
193  Economy / Speculation / Re: Btc down, everything down... on: November 10, 2017, 09:35:09 PM
WHY?!! So fn annoying. EVERYTHING IS DOWN again today, just when things were starting to look good again. I HATE THIS.

Bitcoin fork was cancelled, people don't get free coins anymore and have fears about scalability, thus they remove money from bitcoin and bitcoin price falls, bitcoin price falls and the uneducated panic and withdraw money from all cryptos, all prices fall. It's just part of the cycle, it will pass, don't panic.
194  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will Kill The Income Tax on: November 10, 2017, 09:33:33 PM
As the age of cryptocurrency comes into full force, it will facilitate a subversively viable taxation avoidance strategy for many of the technically savvy users of peer-to-peer payment systems. In doing so, cryptocurrency use will act to erode the tax revenue base of national jurisdictions, and ultimately, reposition taxation as a voluntary, pay-for-performance function. In this post, I cover some of the benefits such a strategy will have for cryptocurrency investors, why our notion of taxation is ripe for disruption, and why cryptocurrency taxation is enabled by default.

Read The Full Article

I think there are already so many valid and easy ways to avoid income tax, yet many still do not do so, it comes down to both morals and willingness, governments will in time learn to combat the ease with which bitcoin can be used to avoid income tax.
195  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't fall for the Bitcoin Cash Pump!! on: November 10, 2017, 09:30:28 PM
You might have already seen the stats,might have already known through sources and various blog posts how Bitcoin cash is bla blah blah but hey don't fall for it! As far as my opinion is concerned,sudden rise in the prices is just another pump which is a no big deal.The coin's going to fall down soon.
We have came too far to realise how exactly this works and to the newbies,please don't invest whatever you have into bitcoin cash because chances are you might lose them.

Another rumour is spreading around right now : "Bitcoin Core-The end is near" - We have see too many instances where people said the same for like the million times and bitcoin still is ruling the throne.

It is just a fearful reaction to the segwit2x failure, bitcoin cash will surely crash in the next days and bitcoin will recover, still, good way to make some quick bucks if you can accurately predict it.
196  Alternate cryptocurrencies / Altcoin Discussion / Re: what is airdrop? on: November 09, 2017, 04:47:51 PM
A true airdrop is simply a case of filling out some details and giving a wallet address and then you will receive coins, many nowadays aren't true airdrops and ask for some sort of task before payment, such as posting on the forum or sharing something on twitter. Be careful to avoid any that ask you to make a donation in exchange for the coins, these are all scams in my opinion.
197  Economy / Speculation / Re: BTC can reach 8000USD or not? (Share your opinion) on: November 09, 2017, 04:45:52 PM
Already crossed $7800 and then decrease to $7000, so 8k not going to take too much time.

8k will happen and I feel it would have if the fork had gone ahead, but now I suspect that it will take some time before we see 8k reached, perhaps later this year or in the early parts of 2018.
198  Economy / Speculation / Re: Forecast for the next week. on: November 09, 2017, 04:44:33 PM
The correction did not last too long, good sign there. I think people are wary of paying over $.8000 for bitcoin at the moment, so we will see it settle between $7000 and $7500 in November as the dust settles on the bull run.

I think you are right in the next month or so, I suspect 8000 would've been breached if the fork went ahead but bitcoin would've quickly corrected back down to 7k or less, I do not see the price dropping much below 6500 if at all.
199  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Stratis Is About To Fly? on: November 08, 2017, 11:22:31 PM
Probably it is, I bought some when it was around $5-$6. After the fall which is due to fork of Bitcoin, I thought of buying some more of it.
Because after a analysis and advice as well from various sources, its a very good option to put your money. It should have started its flying journey but most newbies are just with Bitcoin and doesn't goes for valuable alts. Nevertheless it is taking time but it will rise.

Stratis is definitely one of the main contenders to really benefit from the fork cancelling earlier today, the trend analysis suggests that a price increase is likely, I'd suspect somewhere around $7-8 but even $10 could be possible.
200  Economy / Speculation / Re: This family bet it all on Bitcoin on: November 08, 2017, 11:18:33 PM
I saw this and that they basically lived in 'relative' poverty for a while but now they live lavishly. Honestly I could not do such a thing for my family, I would never forgive myself if it did not work out and would not feel comfortably gambling with their livelihood like that.
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