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2101  Economy / Speculation / Re: Interesting comparison of Bitcoin price with major companies. on: August 16, 2017, 09:49:02 PM
This chart freaked me out somewhat so I'm interested to get the opinion of some Bitcoin experts.
Bitcoin's total value has now surpassed most major corporations. In the past few weeks it's leapfrogged some of Wall Street's biggest names.
Is that a sign that things are getting crazy or is it natural that a new major currency player should be worth a lot more than even the biggest firms?

https://www.facebook.com/thesharesguy/photos/a.1918619358392204.1073741828.1872336579687149/1918618831725590/?type=3

Apples and oranges. Corporations make money and pay dividends, the other is money. Look at the gold market cap for a better comparison (and a glance at the moon).
Correct any business is just a small player in terms of the economy no matter how big, bitcoin is money and as such a better comparison will be not only against gold, but against the dollar and the top 20 currencies of the world, that comparison will show you the true potential of bitcoin and be a useful tool to those that are holding hoping for a price increase.
2102  Bitcoin / Bitcoin Discussion / Re: Bitcoin DOOMED to have high transaction fees on: August 16, 2017, 09:45:51 PM
It will scale eventually, much of the problem with the transaction fees at this point in time is companies are not optimizing the code or their fee structure and paying way too much. Exchanges especially are charging way too much when they could get away with a much cheaper fee.

Maybe it was the exchanges doing the spam attacks in order to push segwit and off-chain scaling through. I bet Coinbase and Blockstream are under lots of pressure from the banks and governments to take complete control of Bitcoin. Now that they've penetrated the blockchain with segwit, it looks like the banks are winning. So sad.
This is unlikely it has been shown that in order to spam the network you will need to a big chunk of the hash power if you do not then the spam attack is going to be very costly, besides I do not see why exchanges will like to have segwit or any other option, what do they have to win with this situation? The ones that had a lot to win spamming the network were the miners.
2103  Economy / Economics / Re: How long could bitcoin last? on: August 16, 2017, 09:42:49 PM
I predict Bitcoin will last for the rest of Humanity.

However in the future people will only have a very small amount of Bitcoin.

Almost no one will be able to afford 1 Bitcoin. Only the richest people, like millionaires.
Bitcoin is resistant but not that resistant, bitcoin cannot exist without people but people can exist without bitcoin we have done so for millions of years so to me it is impossible that bitcoin is going to last as long as humanity, if instead you make the point that bitcoin will keep on existing as long as civilization existed then I think you could have a point.
2104  Alternate cryptocurrencies / Altcoin Discussion / Re: How do i get free coins? on: August 16, 2017, 09:36:11 PM
you need at last jr member. i see you are jr member so now you can get free coin. you go announcement alt coin and marketplace altcoin. you can get some air drop you follow rule and submit her task. you go marketplace altcoin then find signature camping and other bounty follow her rule. done all work you get free coin.
But that is not really getting free coins if you need to do something to get them, even the recent airdrop of BCH is not completely free you need to have some bitcoin balance in order to get the airdrop, I have yet to see someone getting free coins, with the only exception of the beginning stages of bitcoin were bitcoins were given away for free to test the network.
2105  Economy / Economics / Re: Which country would be the first to eliminate fiat and convert to crypto fully? on: August 15, 2017, 06:31:17 PM
Which country would be the first to eliminate fiat and convert to crypto fully?  My guess is China...
Everyone can make their own prediction, but China is probably one of last countries in my list, the rulling party rules with an iron fist, they are not going to let their fiat to disappear, it needs to be a small country with high standards of living that suffers an economic crisis, like you see there are not many candidates available, a possibility is Iceland but they hate bitcoin for some strange reason.
2106  Bitcoin / Bitcoin Discussion / Re: Being Unemployed Drives People to go to Bitcoin on: August 15, 2017, 06:18:30 PM
Yeah I definitely believe so. Unemployment is one of the factors that strengthen and kinda unite the BTC community, I guess. Most of the people who are teenagers, not working yet, or unemployed people, or people who are earning too less and need to supplement their income, jump into the BTC race. It makes them financially independent, and in under developed countries, (where there is even a slight presence of BTC, of course), people try to earn from it to earn a living.
I do not think this is exactly the case, what I mean for an unemployed person trying to make money online with a new currency that not many have heard seems like taking a very high risk when they are already in a bad situation, I think the best thing to do for an unemployed person is to get a job and then now that they can pay their bills then they can start to explore the possibility of making money with bitcoin.
2107  Economy / Trading Discussion / Re: how to start trading with a very small amount on: August 15, 2017, 06:11:27 PM
I think it's a good idea to invest in some new altcoins. Many of them will grow after week or some days.
For example I bought Particl 2 days ago and now its value increased by 20%.
If you did not do an analysis and if you do not know why that is the case then you just got lucky, this is a mistake many newbie traders make, they follow their gut and win and then they think that is the only thing that you need to have in order to earn some money in trading and that is simply not the case, you need to study the markets carefully before each trade.
2108  Economy / Economics / Re: Can Bitcoin Volatility Be Controlled? on: August 14, 2017, 08:38:07 PM
I don't think there is any way to control the volatility of Bitcoin as it is a free market of trading without any government control, but this is also one of the reason why bitcoin is attractive to many investors, as there is no limits on how high the values of bitcoin could rise, there is always a potential to get a huge profit from trading bitcoins.
we all can see the users of the bitcoin is increasing with the time so how can we say bitcoin volatility can go down when it is increasing its circle very rapidly, and the price of the bitcoin is getting bigger as the time passes and the supply and the demand of the bitcoin in the market is very high now the people who are interested in bitcoin are ready to pay the high market price just to own bitcoin  so I think the volatility of the bitcoin cannot be controlled that easily .
Volatility of digital currencies whether they are bitcoins or any other coins is tough to control. The volatile nature is main thing that attracts people towards digital coins. Bitcoins, no doubt are increasing in demand and gaining too much popularity worldwide. All this will directly increase its value.
Very difficult but not meaningful can't control the price the volatility on market. Example Bitcoin Cash, why an altcoin most trader say is shitcoin can recovery after flash crash in first time and rising up to high price ~0.5 BTC/BCC on Bittrex exchange. Just by some wall, order trap on market create by whales, most trader change their think and buying Bitcoin Cash for earning profit.
It is very obvious that bitcoin cash is being manipulated, when you have some miners and some exchanges colluded then they can make the price of any coin move as they want, especially a market like bitcoin cash that is nothing but speculation at the moment since there is nothing else you can do with it except to buy it and to dump it.
2109  Alternate cryptocurrencies / Altcoin Discussion / Re: Waves for pre-ICO -> Ethereum for ICO? on: August 14, 2017, 08:34:46 PM
I think you should use only one of platforms.
In this way, after ICO, there will be two kinds of tokens. One in ethereum platform and another one in waves platform. It will be confusing.
Waves is a good platform. In my opinion use that for both pre-ICO and ICO. There will be no problem.

Thank you. Actually I was thinking about exchanging Waves-based tokens to Ethereum-based tokens afterwards. Not sure that it can be done transparently for all the participants though.
That sounds like a lot of trouble and then you will be subject to moral dilemmas that can affect your reputation, for example it is not rare for scammers to get coins of early investor by deceit, but what would you do if the owner of the coins say to you to give to him these ETH tokens even after he got scammed? And what if he sold the coins and now is trying to scam the new legitimate owner of those coins.
2110  Economy / Scam Accusations / Re: Release the hounds : 45.8 BTC stolen - electrum-wallet.com CRIMINAL sticky pls on: August 14, 2017, 04:34:04 PM
executable from electrum-wallet.com.

I don't want to hear opinions on my stupidity.

Fucking idiots can't be fixed.  You are going to hear about your stupidity whether you like it or not.  Idiot.
Way too much to fucking get phished on, when dealing with money people need to take precautions and not just fucking click random links or Google.
The problem is that people need to change their behavior when dealing with money and they do not, for example if you are going to use your computer to store money, in this case bitcoin, then avoid installing anything other than the necessary tools and avoid downloading pirate software and do not click in every link you see, since it is possible that you lose your money if a virus gets in your computer.
2111  Economy / Trading Discussion / Re: Do I hold? on: August 14, 2017, 04:29:35 PM
I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

Let the altcoin you buy it, you dont have to worry about price down. As long as you are convinced of the altcoin's characteristics, you will surely benefit even though not today.

Just buy it and don't worry, because that price will rise up again and then you leave it so you do not panic if see the price that may will come down again. After a few days I'm sure it will rise again and will surpass the value when you buy it.
I believe most of the people will not get panic but they will become too greedy to book profits before achieving some big profits by simply holding bitcoins. I must be one of them facing such problems with my holding bitcoins.

Usually I do not get panic when bitcoin prices are falling down but when bitcoin prices are moving up and I will calculate how much profits I'm getting and I start booking profits before price will fall down. This way I have missed many big profit opportunities.
in my opinion,altcoin dump is best opportunity for any trader to ivest in potential altcoin as soon as bitcoin price hype is over their price will regain and give you profit.but for it is best to invest in tokens rather than bitcoin fork alternative because at least they have buy back protection.
but i think investment in altcoin is more risky because it require more study to know about the potential of that currency therefore you must be too miuch careful about investing money in any alcoin, you must first get some information about the coin where you are going to invest your money and get some profit.
It depends on the altcoin, many of the coins at the top on the market cap are coins that have good potential, you still need to do your research and see if there are prospects for a growth there, but it is not like investing in an altcoin that no one has ever heard that is relatively new to the market, investing in such a coin is a big risk.
2112  Bitcoin / Bitcoin Discussion / Re: Bitcoin Outlawed: Get Away from Bitcoin or Be Imprisoned! on: August 14, 2017, 04:24:32 PM
Okay, I know that the headline of this post seems to be too much but I am sure it has generated some eyeballs. Now, this is just another hypothetical situation: What if your government will decide one day that the use of and holding Bitcoin is illegal and anybody found to be contradicting this position can be thrown to jail with at least 5 years as the sentence without the possibility of using any internet-connected gadget?

I am assuming that the government would be using the latest technology and techniques  for surveillance and detection against people who are fond of Bitcoin.

Would you still be involved with Bitcoin or just be a sheep and follow along so you can't be a victim of the government overreach?

Making the law wouldnt be any problem but the issue would be how they intend to implement it which is the reason to understand whether I will comply with such law or not. Aside that, I am not going to comply with it and I am sure several governments would have consider this option and realized that its not possible to implement and then move to the second option which is regulation that we are now seeing from all body languages of government around the world.
This, there is no way to ban bitcoin they can do it in paper but there is no way they can do it in practice, that is why the only weapon they have left will be regulation, they  will try to regulate exchanges as much as possible and that is something we are already seeing but with the development of decentralized exchanges things are going to become even harder for governments.
2113  Economy / Economics / Re: How to double your money using BTC? on: August 13, 2017, 05:47:48 PM
Theres a cool and safe way to double your bitcoin, guess what? From trading Smiley , today is the right time to invest from soon to pump coins. You have so many choices, WAVES, ETC, ETH , STEEM and many more. If you buy any from these coins, your bitcoin will get multiply while the coin pumps itself.
This is the profit x2, profit earning from altcoin increasing => earning extra Bitcoin + profit earning from the price of Bitcoin increasing (dollar) => Sell BTC with high price and take good profit from both.

In my opinion, just buying bitcoins and waiting by the end of the year can yield you at least twice the investment that you made. If you are going to look at the charts, last January 2017 the prices of bitcoins were around $1000. In a matter of 6-7 months, the price of bitcoins has already skyrocketed to $2800 due to its increase in reputation. You can double your fiat by just investing and nothing else. But if you are in a rush, then I suggest trading as what you said since this is one of the most efficient way (other than joining signature campaigns) of doubling your money.
This is not always the case, bitcoin is having a tremendous year but we cannot expect every year to be like this, in the year bitcoin has gained more than 300% in value, even the most positive and bullish member of the forum was not expecting this, so trading should be part of our strategy to earn more bitcoin on the long term.
2114  Economy / Trading Discussion / Re: Bitcoin in the moon!!! on: August 13, 2017, 05:40:32 PM
For those that buy bitcoin last week when the price fell and was dump to $1,785 can now take profit as from https://coinmarketcap.com is currently $2,750. Thank God for another blessing!
Yes it is one that must be considered for trading, but if trading on bitcoin I'm sure will be easy to get profits, most importantly you can patiently wait until the price rises. Because bitcoin has a very good future, I'm sure price bitcoin will continue to rise.
it such a good decision to choose bitcoin. Thats true bitcoin have a good future and it can be happen actually it happen already but now its dump not really dump but when it pump in a high price again it can be more great.

Yeah like when it get dumped it will surely pump and it pumps hard!
And now close to $3500 it is not impossible to reach the $4000 maybe by next month or if we're lucky enough, it hits this month. Truly patience is a virtue and good things always happens to those who wait.
Well maybe many now are crying, those who sold their coins because of fuds.
Remember when fuds before aug 1 when segwit will be implemented and bitcoin price goes down to $1800 which made a lot of people have sold their bitcoin?
Now bitcoin almost doubled than that time and those people are really regretting to sold too early their bitcoin
People need to learn the lesson when bitcoin price goes down that is not the moment to sell that is the moment to buy, if people instead of selling their bitcoin bought at that price then they could have doubled their investment in less than a month, where you can get the double of what you invested in such a short time frame? Nowhere.
2115  Economy / Trading Discussion / Re: 1 Million satoshis per day on: August 13, 2017, 05:29:41 PM
Obviously reaching that goal is possible, but if you dont have a very good and strong capital and a good portfolio/market knowledge/assets then it is not possible.
You can make 1% daily without risking too much in cryptotrading, maybe if you are lucky 2%, but those numbers are if you are a daytrader. If you will hold, then you will make more profit but you will only hold and watch your results, but if you are lucky and bought an alt and this one pumps, then you have a looot of profit.
So i recommend to have a good knowledge, if you dont, then you will lose all of your money, that is it, you will lose money on the road, you at the end you will win, thats trading

Day trading should in theory give you more earnings than holding, holding for the long term is a strategy for those that do not have the time to day trade or for those that want to minimize the risks but if your aim is to maximize your profits then you do not really have an option but to day trade, but there are some obstacles you will need to overcome, like transactions fees.
2116  Economy / Speculation / Re: To sell all?? on: August 11, 2017, 04:31:12 PM
Im losing alot money with this shitty war which decrease btc to 1900$ wtf why this happening. So i need to sell all and go away or i need to wait to 22july and maybe everything will back?

You never came back after 16 august, seen from your profile but I hope you didn't sell your bitcoin at the lowest rate 1 week ago. One thing should remember is that bitcoin recover its loss with time, this is almost a certain thing.
But how many time need spend for waiting Bitcoin recovery? This is difficult question and not have trader on market can predict this happens exactly 100%, unless you are whales and is the owner this scenario on market.
That is up to you and each person that is trading when the 2013 crash happened people needed to wait for years if they wanted to avoid losing, money, some people decided to sell since they thought that bitcoin was never going to recover but to those that thought bitcoin had a chance to do so have recovered their money and more.
2117  Alternate cryptocurrencies / Altcoin Discussion / Re: How do i get free coins? on: August 11, 2017, 04:27:31 PM
I suggest you rank up first before you join on any signature campaign. You can only get free coins on faucets and that is limited but if you're talking about getting free here in bitcointalk,well you need to work for it.
Faucets are not really a way to earn free bitcoin, when you begin to think about all the time it is going to take you to earn a decent amount of money then you realize very rapidly that you would have been better working minimum wage in most countries of the world, faucets are just a way to familiarize yourself with bitcoin.
2118  Economy / Economics / Re: How long could bitcoin last? on: August 10, 2017, 09:09:28 PM
As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.
Bitcoin gonna last long than any other crypto currency ever will ,boy. It is gonna reign over fiat even though it's gonna take a few decades probably . But you never know it can happen before even we know it. I am gonna wait for it to happen, and hopefully this will make sure that world peace can be started with something that is not visible aka bitcoin.
Yes I agree, bitcoin will last longer than any other crypto currency ever will but i dont agree bitcoin gonna reign over fiat even though bitcoin can last forever because both have different way in use.
Bitcoin is going to win wide adoption but fiat is still going to be here for a long time too, many people do not feel any need to leave fiat despite the huge disadvantages that this entails, the only advantage that fiat has over bitcoin is adoption since you can use it anywhere but at some point in the future fiat will not have that advantage over bitcoin.
2119  Bitcoin / Bitcoin Discussion / Re: Bitcoin DOOMED to have high transaction fees on: August 10, 2017, 09:05:45 PM
This topic is outdated. Fees went back to normal a long time ago. Now stop this FUD, willya.
Definitely,its an outdated topic.The issue of high transaction fee has almost been resolved.Segwit has been mainly activated for that purpose only.Bitcoiners eagerly awaited for segwit to be activated and now after its successful activation,every thing has become normal and its useless to have such topics now.
The issue has not been resolved, that is a mistake, we are in the process of solving it for some time, the keyword here is for some time, as the usage of bitcoin grows and more people begin to use it then the network will find itself in a similar situation than the previoius one we were in, and when that time comes then a new update on the network and the bitcoin protocol may be needed.
2120  Bitcoin / Bitcoin Discussion / Re: Being Unemployed Drives People to go to Bitcoin on: August 10, 2017, 09:01:14 PM
Yep i am full time crypto now. I work for myself. I don't need a boss
You need to have a plan B everything is going right at the moment for bitcoin but things could change very rapidly after the crash of 2014 difficult years came to bitcoin many people believed bitcoin will never be over 1000 dollars ever again, so get a regular job and earn fiat as well that way you protect yourself from that scenario.
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