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1841  Bitcoin / Bitcoin Discussion / Re: What is there to do with bitcoins these days ? on: November 13, 2016, 01:08:19 PM
We are about to face very interesting times, and very unstable times as well. During instability and uncertainty periods, you don't want to waste any money. So what you should do is basically stick to a long term storage plan. Try to keep making BTC and save all of it. Saving it all is the best thing you can do with your BTC.
1842  Other / Politics & Society / Re: Is Hillary Clinton Trustworthy? on: November 13, 2016, 01:02:38 PM
Now they are signing petitions to get Hillary elected... I try to understand the math of these idiots.  They voted for Hillary, everyone knows that... they wanted their vote to count more...so they think their name on a petition will be more valuable than their vote in a voting booth. Interesting.

And I didn't vote for both, but Trump won, they need to deal with it.
1843  Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now on: November 13, 2016, 12:51:55 PM
By then we will have a way of mining that will decentralize the hashing rate all over the world. We will have solar pannels that are able to collect energy and are undetected by governments, so everyone will have those panels installed. We will have technology that allows for millions of transactions in a safe way, and the price will be over 1 million dollars per coin. We will surpass gold's marketcap.
1844  Economy / Gambling discussion / Re: Going all in on a Hillary win bet on: November 12, 2016, 06:07:55 PM
Anyone else has the courage to go all in on Hillary? By all in I mean betting ALL of your bitcoins for a win.

There's some people that's doing this. They are literally going bet all of their bitcoins because they are convinced the election is rigged and Trump cannot win, why not go all in then? Maybe this is a rare opportunity to make a lot of money. Im thinking about it but I don't think I have the balls.

You were right, it was rigged, but not to your side (hillary) lolz  Cheesy

The establishment tried to rig in Hillary's favour at the beginning I think, but once the voting counting started, they realized a lot of people voted Trump, way too many than they predicted initially, this made any further rigging impossible due the fact that it would be too obvious and it would be lethal for the system if ushc an obvious rigging gets unmasked.

Maybe this is a new strategy for gambling with political related stuff: Go against all odds. It will be interesting to see if Le Pen wins in France, it will be another scenario similar to brexit and Trump, but then again maybe the odds start being positive towards those so called anti establishment options.
1845  Economy / Speculation / Re: When do we cross the 1000 USD barrier? on: November 12, 2016, 05:42:31 PM
March 2017 looks good. It will be sooner than expected. We are now stablishing 700 as new floor. It's only 300 dollars away. Bitcoin can go up 300 dollars in a matter of hours, so it can be anytime now, but it will take a couple more months, for the segwit situation to solve itself. We will see how the blg blockers give up and admit defeat, and we will have segwit activated and this will translate in high price.
1846  Alternate cryptocurrencies / Altcoin Discussion / Re: How to spot an ICO SCAM on: November 12, 2016, 05:36:02 PM
Self moderating threads is a double edged sword indeed. You may think it's a good idea to keep trolls away, but other people might thing what you are doing is shutting down the opposition which may be calling you out on your ICO bullshit. It is very difficult to maintain a balance... how do you control the trolls without a self moderated thread, and how do you keep people happy if the thread is self moderated? (because they may think it's on purpose to shut down legitimate critics)
1847  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Zcash worth to invest in it? on: November 12, 2016, 05:26:56 PM
Both zcash and zclassic are just "worth" something in theory, and it's highly speculative since no markets that i know actually accept them, so even if they
are indeed highly annonymous, that feature is useless because it's not used anywhere.

Also, the prices, even right now of ~0,25 btc/zec is imho over-over-over hyped if you look at how many new coins will enter market in under a month.
There's just astronomical chances market will be interested in keeping and fueling these prices.

I traded zcash while the price was jumping up and down around 1 btc purely to make some btc profit off of it, and honestly it was as if we were passing
hot potato one to another, noone was really interested in the coins as such.

It was interesting to see how ZCash pumped along with Bitcoin when Trump got elected president of the US. The thing is, we don't know if 0.25 is a good idea or an absolute disaster of an entry price. I think we might see prices below 0.1... I don't think I want to gamble my hard earned Bitcoins with an untested idea of ZCash following bitcoin's pumps just because it pumped along wiht Bitcoin due Trump. We will see in the future if both pump at the same time or if it was just a coincidence.
1848  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Trading advice needed for zcoin on: November 12, 2016, 05:00:56 PM
i know it's ZCOIN and not ZCASH, but for now, due to their similarity, i dont see zcoin pumping.
ZCASH is in slow mining process and the price will decrease until december(that's for sure, no way it will pump until slow mining ends) and because of that i'm sure zcoin will suffer too.

altcoin market always connect similar coins. It's like XMR pumping and other anon coins pumping too, bitcoin pumping/dumping and litecoin pumping/dumping too.

I have been reading some partial research, and it seems that Zcoin distances itself enough from Zcash to exist... it employs different techniches, the most important being the one that avoids the stupid as hell necessity of needing to trust that the developers delete the masterkey that has access to all the coins (without possibility of ever knowing this is the case since we can't know for sure, since the blockchain is obscured)

On other news, XMR has pumped a good 20% in the last days, looks like 0.006 was the time to enter. We'll see how long it lasts.
1849  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: November 12, 2016, 04:45:47 PM
I think Bitcoin was created to go against these big banks centralisation and it gives power back to the people

That's exactly the case. It's funny how a lot people say that they hate banks because they can't control their money, but when it comes to a Bitcoin bank, which is nothing official or whatever, people think it's a great thing. They can earn interest, it can boost the adoption, etc. All nonsense that only noobs believe in.

why would I need to trust someone with my Bitcoin if I can easily keep it safe by myself in my wallet.

The best thing is, you don't have to trust anyone. Grin It's you that is in control over every aspect of your financial situation, and not a greedy bank that is gambling with your savings on the financial markets. If they gain immensely high profits, you don't get a dime. If they mess up big time, you get to pay the bill. Criminals!!

I can move money to any part of the world in 10 mins once I have access to internet

Actually, you can transfer money to anywhere in the world instantly with Bitcoin. It's just the confirmation time that may take you some time to wait.


I don't see the big problem of being pro-bitcoin and being pro-bitcoin-bank at the same time. Ultimately it's all about freedom and having choices. If you have bitcoin, you are free to kept them yourself. But if you want to not take care of the bitcoin yourself and deposit it in a 3rd party that says will take care of them for you, then let those people have that choice as well. As long as we can be our own bank, who cares if bitcoin banks exist.
1850  Economy / Gambling discussion / Re: Going all in on a Hillary win bet on: November 11, 2016, 04:24:13 PM
well I gotta admit I lost a nice chunk of change on that election and still reelling
about it. I'm in shock! I'm glad I didn't go all in but I did bet a confident amount
of cash and it hit hard.

Damn that sucks. I was so close to clicking on the "send" button, I even created the address and all, I was read to bet most of my hard earned bitcoins into the idea of easy money thanks to a Hillary win. Im so glad I did not go through because I had 1% of doubt in my mind.
1851  Economy / Speculation / Re: Panic sellers got flushed fast on: November 11, 2016, 04:21:35 PM
Probably still an effect of Trump winning.

Panic selling  is  just for newbies  out there   which they  tend  to sell out their bitcoins  especially when they saw theres a dip  on the  price.

Trump's win resulted in an increase in Bitcoin's price. There was uncertainty in the market and this resulted in demand for bitcoins.
What we saw later was the correction...

People took profits now that the end is not going to end because of Trump, but make no mistake, Trump will follow his program, or that is what I think. He will create market uncertainty and this will benefit us bitcoiners. The people that is not buying back now after taking profits will miss on massive gains next year.
1852  Economy / Economics / Re: Gold and Silver Under the Trump Presidency on: November 11, 2016, 04:15:25 PM
It's going to be very interesting times for metals and specially bitcoin. Now the markets are recovering because they think Donald Trump is not going to do pretty much anything of what he said. They think he will not build the wall, they thing he will not deport all the illegals etc... I think they are wrong. Donald Trump doesn't fuck around, he's going to do it all, and the markets will react, and metals and bitcoin will go up. Personally I would go up all in within Bitcoin. Metals are useless if you want to get rich.
1853  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a revolutionary currency but a fairly inefficient payment network on: November 11, 2016, 04:09:51 PM
Lol omg...  Most people are saying yes.  Grin Then why you here ? If everyone used bitcoin then amount you would pay would just be the donbertion of your local fiat currency. I think bitcoin maybe does work better with fiat still around ? I say this because different countries use different currency and bitcoin is only one currency.
We are here because we believe in bitcoin and I am sure that it can evolve into perfect payment network. It is not that current version or protocol is final.
SegWit just been added, if miners will accept it then it will be the biggest update to bitcoin network up to date. I am not even talking about of Lightning Network here.


The only realistic chance of Bitcoin becoming a currency that has trillions of transactions per second (probably what a worldwide currency that gets used at a dollar/euro/yen level would be like) is through Lightning Network type of solutions. No amount of blocksize increases will ever get us anywhere without it.
Not many here do realize this basic.


It seems like no matter how many times this is repeated, some people are still deluded and think we can raise the blocksize and keep having onchain cheap and fast transactions for life. Unfortunately this is not going to happen, there will always be a fee market and limitations in order to keep the nodes decentralized.
1854  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best cryptocurrency to invest for 2017 ? on: November 11, 2016, 04:05:44 PM
This is too hard to answer, because most likely the coin that will give the highest percentage of profits is going to be a coin that is not even released yet, or even announced. Maybe a new coin will give us big profits like ETH, ETC, XMR, ETH.. it will need to be a solid project.
1855  Alternate cryptocurrencies / Altcoin Discussion / Re: Which cryptocurrency must I use and why? on: November 11, 2016, 04:00:39 PM
It's going to be easy to answer: you should use whatever currency you want, it's really simple.

Of course, if you use bitcoin, you use the strongest currency and you are helping the whole crypto ecosystem by doing so. Bitcoin is the father of all currencies, if you help it you help the rest.
1856  Alternate cryptocurrencies / Altcoin Discussion / Re: Buying ZCoin: Yes or No? on: November 11, 2016, 03:32:12 AM
not zcoin nor zcash... i wouldnt buy neither.
Zcash still very overbought and until december the price will be falling.
zcoin or any other zcash like project will suffer too.

Well, we already know Zcash is continuing to keep stagnating as the coins keep getting generated, but what we also know is that before it started stagnatng, there was a great pump.

The question here is to find out if Zcoin will have a big pump too.
1857  Alternate cryptocurrencies / Altcoin Discussion / Buying ZCoin: Yes or No? on: November 10, 2016, 04:26:26 PM
Zcoin is not Zcash btw, different coins. Zcoin is not on poloniex yet, apparently it solves the problems that Zcash has with good compromises in the anonimity. What do you think? is this the next "get rich overnight" coin or is it going to get dumped hard as soon as it hits poloniex? we'll see.
1858  Economy / Speculation / Re: The cryptocurrency bitcoin also jumped to a recent high of $738 on: November 10, 2016, 04:21:38 PM
It was as high as 740 in bitcoinwisdom, bitstamp exchange. I think it's going to keep correcting, stabilize around 710, and we will start growing again after people took all the profits from the sudden pump. It will keep going up for the rest of the year then 1000+.
1859  Bitcoin / Bitcoin Discussion / Re: Do people really make millions of $ transactions? on: November 10, 2016, 04:04:27 PM
Anyone knows what is the biggest transaction ever done? I remember reading about a 500.000 BTC transaction... im not sure tho, I may have slipped a couple more zeroes on there, but something along the lines. Who knows who that person is? It's impossible to know, but I bet it's either a very early miner or a business/exchange address.
1860  Bitcoin / Bitcoin Discussion / Re: How bitcoin protects against geopolitical risk on: November 10, 2016, 03:55:04 PM
Diversity of software is positive, but we need to have a standard, high % of agreements to get something done is good and strengthens the network. If it was lower, we would never get anything done, it would be all over the place. We need to focus and gets things done, and this requires big agreements.

If people want alternative software, then convince people to run nodes for said software, but people don't want amateurs, thats why Core always wins.
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