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201  Economy / Speculation / Re: Bitcoin after Chinese holiday on: March 01, 2018, 03:55:00 PM
During the Chinese new year life in China does not stop. The Internet allows you to open your account on the stock exchange and make several bets at any time and anywhere. I am sure that traders do not take long breaks. Such statements are an attempt to easily explain complex processes. They are not truthful.
202  Economy / Speculation / Re: Will Bitcoin Reach $120,000 Billionaire Says YES! on: March 01, 2018, 03:49:24 PM
Now it seems unrealistic. But maybe when bitcoin will cost 120,000 dollars it will be small money. No one knows what the real value of the dollar is. The US government is in the manual mode regulates the cost. If the US economy drops then the dollar could easily lose value. Therefore, I never focus on the dollar price. I am interested in how much I can buy goods for 1 bitcoin.
203  Economy / Speculation / Re: The stable price action is driving people crazy, including me. on: March 01, 2018, 03:36:40 PM
The stability of bitcoin annoys traders. But on the other hand, it can attract sellers to the use of cryptocurrencies in online stores. It will be easier for them to get used to bitcoins. Any version of bitcoin's behavior will always find its supporters. This and the quality of bitcoin is different from Fiat.
204  Economy / Economics / Re: Crypto Is Contamination - ECB on: March 01, 2018, 03:29:09 PM
It's impossible to ruin something that doesn't exist. The financial system that bankers and governments want to preserve is imperfect. Moreover, it is manipulated by politicians and financiers so that it cannot meet the demands of ordinary people. It is constantly widening the gap between the poor and the rich. I hope that the financial system of crypto will be fairer.
205  Economy / Economics / Re: UK Bank HSBC Might Soon Pilot Live Blockchain Payments on: February 28, 2018, 07:45:57 PM
I don't see it as surprising. The blockchain system will be used by many. I am sure that all governments and banks will use blockchain in the future. But this does not bring us closer to the recognition of bitcoin. To be honest I was not interested in this problem. I became a supporter of bitcoin because I do not trust banks and governments. I like this situation now. I don't need gifts from the government or bankers.
206  Other / Politics & Society / Re: TRUMP WANT TEACHERS TO HAVE GUNS IN CLASS on: February 28, 2018, 07:35:46 PM
Limiting guns is the best idea. Everything else is second best. If you want to arm teachers, which sounds like stupid idea to me, do it after you do gun control.
His brilliant idea of arming teachers — whose job description would now include shooting back at deranged mass killers. LOL
Remember that it's not a weapon that kills. Kills people. The weapon is created to facilitate life of the person and to protect him. The fact that some idiots use weapons to attack is impossible to prevent. But only another person with a weapon can reduce the number of victims. I support that teacher had a gun.
207  Bitcoin / Legal / Re: Government on legalising bitcoins on: February 28, 2018, 07:27:37 PM
In general, the governments are afraid of the continued existence and evolution of bitcoin in market. Moreover, they always plan to destroy this currency in multiple ways, but they always fail to achieve this dream. And the main reason for the rejection of this currency is the existence of financial losses in many banks and the fall in prices of their currencies (FIAT) also the  governments do not benefit from  the transactions of Bitcoin because the money of cryptocurrency is digital , so they cannot control it. In addition to that, if Bitcoin will rise in a huge value and the existence of economic crises  will continues then it is sure that many govenments will recognize Bitcoin as a legal and  traded currency.
I very much doubt that the government voluntarily recognizes bitcoin. Cryptocurrencies can be extracted by everyone. Fiat prints and released into circulation only the government. Using the Central Bank they have the ability to remotely control our savings. It is a mechanism of inflation and deflation. With cryptocurrency, this is impossible. The government does not know how to manage the economy in a competitive environment. That's why they don't want to accept the cryptocurrency.
208  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin Transaction fee is too high ? on: February 28, 2018, 07:18:12 PM
In order to minimize my costs, I now use only one method. I collect a large amount and send my coins from my wallet to the stock exchange. There I trade for Fiat and the income from the trade is transferred to my visa card. Then make purchases at any place without cost for the confirmation of the transaction.
209  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin become a daily currency??? on: February 27, 2018, 07:04:45 PM
Bitcoin cannot be a currency for everyday use. For many users, it is a source of income and a form of capital savings. For some, bitcoin is the authorized capital for trading on the stock exchange. For other bitcoins, it is a Deposit that brings a stable income. If tomorrow bitcoin will be accepted in any store I am sure that people will keep their coins and make purchases only for Fiat.
210  Economy / Economics / Re: Banks admit they fear BTC on: February 27, 2018, 06:55:39 PM
It is just one Central Bank of a country, it has not proven anything. After all what they have been showing in their youtube video is all true and nothing exaggerated has been shown. For me it doesn't look like a video which purposely attack Bitcoin. But to me it is a video which serves as a warning for their citizens on using cryptocurrency. Looking at how the guy didn't have fiat currency which resulted for his date to pay is an embarrassing thing to see, which could be a reality in Poland where only a few business establishments are accepting Bitcoin.
Traditional banking system has been worked on for decades,it is already established, and payments from any major cards (credit/debit) and cash are accepted almost everywhere. Use of cash does not also require an internet connection. Speaking of disadvantages, bank fees can be expensive, lack of transparency on how system runs, inflation slowly can gradually destroy value of held cash. Whereas in the bitcoin world,it is a decentralized digital currency, and in the fast-pacing world of technology it makes it more convenient and comfortable to access it in any part of the world you are and transparency is there wherever you want it at the same time it's cheap to send transactions with no extra charges.
It seems to me that the amount of Bank charges is not very large. The main problem is that Fiat and crypto currencies are used in different economies. This stimulates the outflow of Fiat from the banking sector and destroys their traditional ways of earning. This threatens the collapse of the banking system and great problems in the economy.I think the economic wars between banks and cryptocurrency are just beginning.
211  Economy / Economics / Re: There's a new economy growing on this forum - Merit on: February 27, 2018, 06:44:30 PM
My opinion is that the merit system will not change anything. This is an attempt to regulate content. In conditions of freedom, this will not have the desired effect. Somebody make money, that's all. Bitcoin has proven that any attempt at regulation is doomed to failure. Perhaps need to rely only on natural selection.
212  Economy / Speculation / Re: Decrease in price? on: February 27, 2018, 06:37:43 PM
Cryptocurrencies might not be totally in recover mode since we have seen this usual fall again. I believe that pump will inevitably follow after all these and hopefully everything will be back in normal again and will stay for long time.
Yes, it is not fully recovered yet even in altcoins price is decreasing. We should be calm even if price decreased and expect on the increased. Im also hopeful market would be bounce back to the value that were waiting to happen.
The price of bitcoin will necessarily increase. But I'm more interested in the fact that during the dump nothing was done to solve the problem of scalability. When the price will rise we are again faced with the problem of the price of a transaction and the order confirmation of the transaction. It's bad. Lost time again.
213  Economy / Speculation / Re: Bitcoins' pullback is over! on: February 27, 2018, 06:32:03 PM
We could be facing another pullback at the moment. Hopefully the support will hold.

unfortunately that is not something that you could predict at this point. everything pointed towards end of the "pullback" and start of a nice solid rise but out of nowhere price started dropping again. it may continue like this through the weekend and reverse upwards on Monday.
probably some whales trying to test the bottom and buy some more cheap coins before the shoot up.
It's not surprising to me. But I got used to it. If it is fair to say that I like it. Landfill the market is scary only to those who are holding coins. But they must understand that it is impossible not to do anything and constantly earn money through rising prices. I constantly trade on the stock exchange and at such times my income increased.
214  Economy / Economics / Re: The effects of Samsung getting into ASIC mining on: February 26, 2018, 09:16:21 PM
I do not believe in the prospect of mass production of ASICS from Samsung. The more equipment will be included in the network the less profit they will bring to the owners. The cost of production of chips from this will not be less. Such equipment no one will buy because of the low profit margin.
215  Bitcoin / Bitcoin Discussion / Re: News related to crypto on: February 26, 2018, 09:08:35 PM
Nowadays, no one can guarantee you the honesty of the news. The world is ruled by money. Fake news gives you the opportunity to earn. All media with impeccable reputation publish jeans. You should focus only on their own analysis of the news received from various resources.
216  Bitcoin / Bitcoin Discussion / Re: Using Bitcoin as down payment funds to purchase a new home with a mortgage... on: February 26, 2018, 09:03:00 PM
Hey guys...I am in the mortgage banking industry.  I am currently working on a deal to incorporate bitcoin into the down payment funds for a new purchase home loan.

I haven't seen this done before.  Have any of you?   I have seen homes sell for 100% bitcoin, but that is the same as purchasing a home with cash.

We are in contact with Fannie Mae, and it looks like it can be done as long as the bitcoins are first converted into US dollars and then deposited into a US bank account.  If you know banking guidelines, then you know that most money has to be seasoned for 60 days before it can be used for down payment funds.  We may be able to get around this if you can clearly be able to source the ownership of the bitcoins and clearly document the sale of the bitcoins along with the deposit into your bank account (like with a coinbase transaction history).

Do any of you have experience with this, or would you like to hear how it works out?


Edit 2/19/2018:    With proper documentation (and sourcing), Bitcoin can now be used for down payment funds without having to sell the BTC and hold the USD in your bank account for 30-60 days.   
The first case in the world of buying an apartment for cryptocurrency was in Kiev. It is the capital of Ukraine. The deal was for Ethereum. She was served by lawyers from Ukraine and America. The seller was a Ukrainian millionaire and the buyer was a millionaire from America. You can take advantage of their experience. The name of the seller Mark Ginsburg.
217  Bitcoin / Bitcoin Discussion / Re: Poloniex is bought by Circle on: February 26, 2018, 08:56:03 PM
http://fortune.com/2018/02/26/circle-cryptocurrency-trade-bitcoin/

Did anyone see this? pretty big news. I wonder if there is any correlation between these news and the latest big green candle in the Bitcoin price we've seen? I mean Circle is backed by Goldman Sachs... I would be pretty sure some insider trading has been going on before the deal was made public.

Anyone still has funds in Poloniex? I haven't logged in for a long time. They used to let you trade anonymously, I had some stupid fake name on there because back then they didn't care. I assume that now that GS is in you can forget about that.
I do not believe that Poloniex can provoke a candle in the value of bitcoin. This exchange has long enjoyed a bad reputation. Maybe that's the reason for the sale. People are always looking for a reason where she's not. The popularity of bitcoin will grow. Price responds to the game of whales. Now they buy coins and very soon the price will rise. This will be the end of April or early may. Wait for the price of $ 25,000. This happens even if Poloniex will be closed.
218  Economy / Services / Re: 🇺🇸bitFlyer USA Signature Campaign 🇺🇸 on: February 24, 2018, 01:03:14 AM
Bitcoin Talk Name: warrior333
Rank: Sr. Member
Post Count: 526
BTC Address:3NcnXBrvmG6tWKjqFwizkJw2a6jWBA5znk
219  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a Good Investment at Today's High Price? on: February 20, 2018, 11:39:19 AM
I think Bitcoin is a good investment even at today's price. The question is, do not miss the moment and sell it in a few months.
Lol. You will always regret that they sold their coins. In the month of April the price will be $ 25,000, what do you say then. Fiat you waste and you will not have more opportunity to buy coins. Every year it will be more difficult to do. We need to think not about how expensive to sell your coins. You need to think about how to earn coins.
220  Other / Meta / Re: Spamming low level FUD - against the rules or not? on: February 13, 2018, 11:04:41 AM
Can you turn off the TV ads? Spam is also a medium for advertising. You have to admit. When we open any site we see ads from Google adsens. This is also a kind of spam. You can fight it but you can't win. We must admit that spam has long been a part of our lives.
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