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21  Bitcoin / Bitcoin Discussion / Re: Another bad news for Bitcoin on: June 15, 2018, 05:30:08 PM
" After offering testimony to Senate Health, Education and Labor Committee on problems with for-profit higher education,

Eisman was criticized by progressive groups such as Citizens for Responsibility and Ethics in Washington on the grounds that

he stood to profit from proposed regulations due to his short positions against private colleges."

https://en.wikipedia.org/wiki/Steve_Eisman

So, his game is simple : Short Bitcoin, talk trash about Bitcoin, Bitcoin price takes a nose dive, take profits.  Roll Eyes

These guys just know how to play the game and they will never be caught with the hand in the cookie jar.  Angry

https://www.cnbc.com/2018/05/14/big-short-steve-eisman-blasts-cryptocurrencies-bets-against-deutsche-bank.html

" "For the first time in all the years I've covered bank stocks, I can honestly say the financial system in the United States is

safe." <---- Massive Bank Shill.  Roll Eyes   ....Famous last words!
This one hits the spot. Its a typical whale strategy specially for those who want's to get in but too late. So instead of buying at high price, he used his influence, he uses the stage. But if you are familiar with how Bitcoin behaves, it will recover eventually. Bitcoin has gone through this kind of situation before. This is not something new anymore.

Yeah that's the strategy of whales that are late joined bitcoin and then don’t want to buy at high prices.
Bitcoin has passed a lot of problems that has decreased its selling price
I think the news isn’t really bad
Bad news like when China closed all the ICOs which brought a big impact in bitcoin’s price  Grin
22  Bitcoin / Bitcoin Discussion / Re: Anticipation from the future ? on: June 15, 2018, 05:29:33 PM
I think those 3 bitcoin holder groups don’t really care about it because they’re comfortable with it and they just want to improve their economy from bad to be good, good to be better. The economy is unfair and mostly there are still many shortcomings but with the existence of bitcoin their economy become better.
The government is not too concerned with our economy so there is going to be a regulation to ban bitcoin, if they are comfortable with bitcoin they will bypass the regulation with any way.
23  Economy / Economics / Re: Feeling bitter in banks? on: June 15, 2018, 05:28:44 PM
Hmmm I don’t really care about the post that comparing bank with bitcoin/crypto.
I’m quite comfortable with the hardware wallet or online wallet that I used before the bitcoin famous and before it got compared with bank.
Everyone have different beliefs about which one is better between bank and bitcoin/crypto.
24  Bitcoin / Bitcoin Discussion / Re: Which is more risky? Bitcoin or bank investment? on: June 15, 2018, 05:27:23 PM
whether investment or other things if we are greedy and impatient then failure is we can only get, how many times or how much money you spend you will fail, maybe once or twice you will earn profit but it is just luck and you can’t depend on luck, you must have the right mindset to achieve success.
25  Bitcoin / Bitcoin Discussion / Re: Which is more risky? Bitcoin or bank investment? on: June 11, 2018, 07:05:25 PM
Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.

What do you guys think?
whether investment or other things if we are greedy and impatient then failure is we can only get, how many times or how much money you spend you will fail, maybe once or twice you will earn profit but it is just luck and you can’t depend on luck, you must have the right mindset to achieve success.
26  Economy / Speculation / Re: Does it make sense to invest in bitcoin? on: June 11, 2018, 06:48:48 PM

What Is Bitcoin?
Bitcoin (BTC) is a type of electronic currency, also known as Crypto money, developed by people and companies around the world. The thing to know about Crypto money is that it doesn't have a physical form. Bitcoin is not controlled by anyone or anything else (institution, etc.); however, except for all users who buy or sell.

Are you sure about this statement? You know every transaction affects Bitcoin even if the small players affect less but if whales join and plan an action, would you still saying Bitcoin is not controlled by anyone
27  Bitcoin / Bitcoin Discussion / Re: Why do people need to use Bitcoin for Money laundering? on: June 11, 2018, 06:47:22 PM
Well the double standard doesn’t happen just in this case but also for anything else, especially when it comes into something big and society might tolerate when it happens, in this case if the HSBC gets bigger sanctions it may be able to disrupt the world economy, that's the wrong with the current system.
28  Bitcoin / Bitcoin Discussion / Re: With Bitcoin Maximum cap . Can it be used by the whole world ? on: June 11, 2018, 06:46:58 PM
Unfortunately yes, Bitcoin is capable of handling very many transactions but for a very large scale like "the whole world" could meet a deadlock because of its max cap. Maybe that's where the altcoin's role can fill the gap but it’s still gonna be very long to happen. This max cap is not what affects the interest of market merchants on demand of Bitcoin, for now the obstacle is its volatility, it’s still a scourge at the same time makes Bitcoin famous.
29  Bitcoin / Bitcoin Discussion / Re: Future of bitcoins on: May 26, 2018, 06:03:45 AM
In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
Bitcoin will have a good future because there are many people interested in bitcoin because its price is very expensive. But no one can guarantee if bitcoin would be accepted by every banks in this world in order to exchange to all currencies in this world. Even now many countries are banning bitcoin because those countries cannot control it for the economy of the country. I think bitcoin exchange through trading will not stop even though it’s very expensive.
30  Bitcoin / Bitcoin Discussion / Re: Will bitcoin win? on: May 26, 2018, 05:37:44 AM
Similar to what Gandhi said
At first, they ignored the Bitcoin, then ridiculed him for "how a digital coin does not have a physical presence" to be a substitute for paper currency and a system called the Blockchain, an alternative not only to the banks but to the entire institutions, then they fought him and tried to cast suspicion in the ranks of those who pursued him To 20 thousand dollars in less than ten years from the way he described the bubble and the closing of the trading platforms and then enter the market and try to control it as it is now.
Now only victory ...
A few years ago many people didn’t believe the existence of digital money and it still had a very cheap sale value. But those who don’t believe it this time will definitely regret because currently bitcoin is a very expensive digital money. Bitcoin is good for investment because it has an unstable price but from there it’s possible to loss when the price falls drastically but otherwise.
31  Bitcoin / Bitcoin Discussion / Re: Satoshi nakamato needs to come out ! on: May 23, 2018, 12:25:22 PM
Well you know it's super funny about how people are sharing their stories about being Satoshi nakamato and how they were hiding underneath and how they are ready to get the limelight.

https://www.google.co.in/amp/s/www.cnbc.com/amp/2016/05/02/bitcoin-inventor-satoshi-nakamoto-finally-revealed.html

Not just there there is also this one Indian claiming to be the founder

And what's funnier is that there is this man that goes by the name of Satoshi nakamato and he denies that he is the creator of Bitcoins

https://youtu.be/BoboO6QPGow

What do you think will we be able to find the real Satoshi nakamato before we die ? 😂 Idk it's getting funnier and funnier.

P.S. Some people claims that it's been invented by Artificial intelligence ... Good bye world ! 😂😂😂

Well I don’t care who is the lord Nakamoto actually, what important is the development of Bitcoin, Lightning Network for example. I'm sure that Mr. Nakamoto is still monitoring or even contributing to the development of Bitcoin, like parents who want to see the development of his child.
32  Bitcoin / Bitcoin Discussion / Re: Kanye West finally mentions the B-word on: May 23, 2018, 12:17:24 PM
I really don't know if hearing bitcoin shills from a person like Kanye is a good thing; knowing that Kanye recently made some 'interesting' and definitely questionable statements saying that "slavery is a choice". Any publicity is good publicity, I guess?
With this video, can make his fans to join in this venture that could make Bitcoin become more unstable and well ... for normal people in general should not consider the words that come out of his mouth is a serious thing.
33  Bitcoin / Bitcoin Discussion / Re: i read news from indonesia on: May 17, 2018, 05:11:11 PM
No offense guys but I have a question: what's all this Indoensia talk? I mean everyone asks about their own country but there are a lot of topics about Indonesia all the time. What's that about?
Because they are Indonesian and they’re out of ideas to start a new thread so they take advantage of it, that actually many topics can be discussed.
34  Economy / Service Announcements / Re: easy way to follow the bitcoin price on: May 17, 2018, 05:10:09 PM
If I can be honest, your website still has many shortcomings if compared to a big web like coinmarketcap or in other big exchange. Copy, Adapt, Paste. Apply things needed and fit on your web. I prefer to convert to USD than to other currency.

Thank you for sharing your knowledge with us to check and follow the price of the bitcoin. But, I have one question for you sir, is this more reliable than the existing sites and applications that also follows and checks the price of bitcoin like https://coinmarketcap.com/? If that so, I will use this for my future preferences, but I think https://coinmarketcap.com/ is up to date and more reliable.

Oh look. Another person that just comments on the website without even taking a look at it. At least you got your postcount I guess?


yep +1 post
35  Economy / Economics / Re: Feeling bitter in banks? on: May 17, 2018, 05:08:29 PM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
Even this thread reminds me of the hatred bitcoin lovers have about the banking sector. It isn't any different and I feel that bitter taste in my mouth right now. But the truth is that no matter what the hatred is towards the banks, the banks can't be totally eradicated. Banks will be there to ease bitcoin or crypto transactions.
It’s true the Bank will remain, especially the country central bank but the small banks will lose demands if the triumph of Cryptocurrencies come especially the banks that don’t keep up with the times, I think the current banking service is very long and convoluted, different ATM of banks and have to look for the same ATM if you don’t want to be charged with additional money, if the ATM has integrated already.
36  Bitcoin / Bitcoin Discussion / Re: Zimbabwe Bans All Cryptocurrency Activity on: May 16, 2018, 03:08:25 PM

it is not a new LAW. its a reminder/memo(circular)
for banks to only offer only fiat services direct
you cannot buy a iphone in a bank branch. but that does not mean you cant buy a iphone/toilet roll/ baked beans.
nor does it mean that private citizens/businesses should have accounts shut down for offering things that a bank cant offer

People panicked to see this news, even Bitcoin.com triggered it by writing a clickbait title and let the market affected by FUD. But this is still a bad news for Cryptocurrency users in Zimbabwe, whether it’ll be difficult to transact or got a bad stigma.
37  Bitcoin / Bitcoin Discussion / Re: Bed news of Bitcoin on: May 15, 2018, 02:16:19 PM
It isn't lucky fans of bitcoin.
Now the bitcoin was attacked" by Warren Buffett, and the price has again spread down...

It is a lot of epithets. Not mine, Buffett.)))

Giving yesterday, 07.05.18, CNBC interview, it has told that buyers of bitkon whom he has characterized as "rat poison in a square" look forward who will pay more for their "anything-worthless-artificial-gold"...
The mysticism around bitcoin generates the unhealthy interest and not reasonable rise of the price, and there is the next soap bubble, such as, tulip fever in Holland in the 17th century.
"When you don't understand an essence, the mysticism bewitches and excites. People like to speculate and gamble."

And Charlie Munger his old partner and the vice-head of board of his Berkshire company has compared a race behind bitcoin to biting definition of Oscar Wilde of "hunting for foxes", or "Silent hunters pursue that are inedible"....


What your thinks?
He is just an old-man who got left behind and no longer understand about development of the current era. He regretted not buying Amazon's stock and saying "'too dumb' to appreciate Amazon". He admitted that "he didn’t really understand how they were making money and that they would be able to do so over the long term" quoted by CNBC.
38  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency trading will be faded !!?? on: May 11, 2018, 05:03:23 PM
We are in the period of cryptocurrency, thousand of coin are available and trading. Even, most of them are invaluable, like, we take the rock to selling in market, people are curious about it and buy it. But nowadays, everything is more delicate and we dont know it valuable or not.
Cryptocurrencies are fighting for the future. Bitcoin is the promoter and the cause of this War. I think, in the near future, some of coin will be accepted for trading and exchange with the other products. BTC, ETH, XRP, BCC .. will survive. In addition NEO will survive because it is belong to China. They know how to make their products can compete to the world.
How do you think about it?
This is just a matter of quality, the nature rule applies here, the strong will win, means strong in concept, execution, and marketing. There were many ambitious projects that now don’t have any value at all or even a scam, here we have to find the right ICOs instead of rushing and deceived by the ads.
39  Economy / Economics / Re: New investor and prices on: May 11, 2018, 05:02:45 PM
more investors mean will increase price along with least offer. in essence cryptocurrency trade is very depending on demand and supply, so both of those things that influence occurrence of price
Yes, but not always the new investors who move the value. Investors who have understood correctly and have capital are more influential on the price, except about FUD when these new investors accept the fact the price moves as not as they want and then they’re panic selling.
 
40  Economy / Economics / Re: Can it be possible for the whole wide world use a single currency? on: May 11, 2018, 04:59:47 PM
I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?
Not, not officially, perhaps it will be more like USD that we use massively to transact even though there is a country that prohibits the use of foreign currency as a medium of exchange. I think it can be very possible if supported by Lightning Network and good price stability. But to reach that stage, we are still very far away.
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