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2121  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy new altcoins in ICO stage = profit? on: August 04, 2017, 02:03:12 AM
It depends on the ICO you invest in. Sometimes you can buy a coin at a lower price in markets. Note that it's not general an sometimes you can buy coins in ICOs and a make a good profit due to get some bonuses as reward. Anyway you should check out projects before investing and decide.
Yeah man.. . It is depends on what ICO you are investing it.. . In markets,  you can buy a coin if it is at a lower price or value.  Always know first what kind of project you are going in then decide.

in ICO, we need to read the whole thing related with project so we know what exactly they want to do and we can decided their project is good or not for us to join. every ICO actually have a great chance to be success but its depend with the dev and the team, if they are give full support for the coin then the coin will be reach the goals and will have a good position in the list of market. but for me, i think i will choose to trading in market because there is big chance for us to make a big profit but we need to analyze to choose the coin.
Not all icos have a chance at success, there are several projects that are very obvious scams, some others are nothing but a copy of another project, and some others do not have the necessary skills to develop the project they are envisioning, so like you see selecting a coin that can actually make you money is not as easy as it seems at first glance.
2122  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BCH difficulty dropped to 1/4 on: August 04, 2017, 01:59:07 AM
yeah it's over valued now, but i don't think it will die or something like many believe, it's also possible that this fork can be good in the future with another pump to 0.3, just look at eth classic, same thing
I have the opposite opinion BCH is going to die, at some point the miners will have tor realize that they are losing money mining a coin that everyone is dumping at some point the hash power on the network will be so low that other miners could literally spam the network and fill those huge 8MB blocks at that point the miners will have to admit defeat and move away from that failed project.
2123  Economy / Speculation / Re: Will Bitcoin die soon? on: August 03, 2017, 02:49:52 AM
Bitcoin will die sooner or later,I don't think that's possible
If the price of bitcoin drops dramatically it may happen

I think rather if the price dips there will be a huge buy and then the price will go up even higher :p
It is also expected that if the price of bitcoin go down more, that time the wise people will buy bitcoin and in future they can earn heavy amount by selling these bitcoin with high price because it is impossible to happen that bitcoin will be demolish completely. I think it is good chance for these businessmen who has extra money for business and I suggest to buy bitcoin now for future earnings. 
Yeah because a lot of people think that prices are down is not a threat, they think that it is an opportunity for them to be able to get a low price then get a big profit from upcoming price increases. I think this will happen until the next few decades and bitcoin will be hard to die
Those that see a lower price as an opportunity are not wrong, regular people see a decrease in price as bad news because they see the value of their investments going down but the true investor sees this as an opportunity to add even more bitcoin to their wallet with a heavy discount, this is why whales keep getting bigger because they do not waste an opportunity like that.
2124  Economy / Economics / Re: New rich people thanks to BTC on: August 03, 2017, 02:46:51 AM
If you people are bought bitcoin when the price is very low and hold that long maybe you are already rich too when the bitcoin price is in 500$ more lower then after a long year of waiting you will see how really worth the wait your money is bitcoin now creates possible things that you ever wanted my dream is to finish my study and bitcoin is there to support me to earn money.
i think in previous 7 moths the price of bitcoin is almost triple to its price, so i think that those people who have invested money in bitcoin in last 7 moths they are getting a good profit and i think most of the people are still holding it and i am sure that very soon they will raise their profit to 6 times.
Exactly, but these people are still looking for more because they believe there are still more room for success in investing bitcoin. Like them, I also believe it will bring fortune into my life and 7 months is not enough to see the price that I am looking for, in 10 years many we can see a price beyond our imagination so I will hold firm to reach that time.
This is correct, if the profits of holding bitcoin for 7 months are so juicy, what are going to be your profits like in 10 years? I think the profits will be nothing short of amazing, which is why many people are doing anything to try to get their hands in bitcoin, at the moment I do not have much just half a bitcoin but I hope to change that in the next months and years.
2125  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing in ICO, still promising? on: August 03, 2017, 02:35:02 AM
There are ICOs that are worth investing. The crucial point is the team and that is the place where one should be looking at, if the dev teams have a good track record.
The developers are critical when it comes to the success of a coin but at the same time the developers are not important if the project is not going to work at the end, the code does not matter if the idea and the coin itself is not going to work because it does not solve anything or because it does not have a market that can grow, so it is important to read the whitepaper and see if the coin has a future, then you can focus in the execution.
It may be risky but it's worth it. If we didn't give it a try then how can we be successful, ICOs now maybe too many to know which is real or an scam but we all need to research it and know it's capabilities before trusting it.
No one can deny that investing in icos is risky but it seems the time of unregulated icos may come to an end soon, the SEC is now going to try to regulate the market and with it new roadblocks will be lifted for those that want to invest in those coins and projects and for the developers since they will now have to abide to new regulations, not everything is bad but it will slow the market down.
2126  Bitcoin / Bitcoin Discussion / Re: 2017-08-01 Coinbase/GDAX Biggest Crypto Fraud in history? on: August 03, 2017, 02:28:20 AM
so coinbase/gdax didnt gave out bch or bcc to btc holders...so where did the bch/bcc went ? to coinbase pocket?

is it the biggest robbery/fraud in crypto history?
I do not think you can call it fraud, coinbase was very open about the fact they were not going to credit BCH to any of their customers and encouraged anyone that wanted to have that altcoin to get their bitcoin out of coinbase, if someone did not listen or did not attend the call then that is not coinbase fault also there is not a single proof they stole BCH for their own benefit, maybe it was a technical decision or one based on principles.
2127  Economy / Gambling / Re: BITDICE - 🎲🎲🎲 ICO ANNOUNCE 15 AUG 2017! JOIN THE TRANSFORMATION! 🎰🎰🎰 on: August 01, 2017, 02:52:06 PM


Hey Guys,

After several months of preparation and work we are finally ready to announce BitDice's ICO.

Please join the Slack and the ICO thread.

Regards,
Alex.


Now we are talking! The best bitcoin casino is about to get even better with the addition of sports bets and poker by the end of 2018, not only we will be able to get part of the profits of the casino but we will be able to trade those tokens, August 15 you are marked on my calendar, this is an ICO I’m not going to miss.
I am a little bit excited on seeing the sports betting, I believe it will bring good profit to the site because we have a lot of gamblers all over the world.
With variety of games they can choose what game to play and and investors should be putting their money knowing this site is already proven to operate profitably.
Correct, a wider variety of games will make the BitDice casino even more popular among gamblers, especially sports bets, since there seems to be a bigger market for it than poker, but at the same time that will make the tokens more valuable in the future, since the earnings of the casino are going to improve by offering these new games to their customers.
2128  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Blocknet - Polo, Kraken, Bitfinex killer on: August 01, 2017, 12:55:47 AM
what is the total supply of blocknet?

3.9 Million.

With an actual use, few coins in circulation, and only $8,766,947 in market cap.... I am starting to think this has potential for upward movement.
And this was the right comment, at the time I’m writing this the market cap sits close to 40 million so anyone that invested at that time has made 5 times its money and could potentially make even more, unfortunately I did not because I have just seen the thread today but if I had seen the thread when it was created I would have invested in a heartbeat.
2129  Bitcoin / Bitcoin Discussion / Re: What's going on? Bitcoin for the rich only? on: August 01, 2017, 12:49:03 AM
Hi,

Even just a year ago bitcoin was useable... now the fees are about 10x what the banks charge. Seems like its changing from a peer-to-peer money system for everyone into yet another convenient way for rich people to exchange funds!

What went wrong> And more to the point, who is responsible? What can be done to fix it?
Thanks
Andy
Well to be totally honest, i do not know exactly why are transfer fees so high. As far as i understand, person who mined bitcoin, decide how much will fee be. If that is correct, than i am not sure if anything can be done to lower fees. But i do not think that bitcoin has become another currency just for rich people.
The reason the fees went very high at some point is that someone was spamming the network with transactions, that fill the mempool and now the miners had to decide who to prioritize and at that point supply and demand came into play, the one that offers the biggest fee gets a faster confirmation but then a bidding war began and the prices of the fees went very high.
2130  Bitcoin / Bitcoin Discussion / Re: can bitcoin wallet be hacked by hackers? on: August 01, 2017, 12:45:24 AM
yes they can, just keep in personal wallet, and dont forget have a great password. and choose what the best wallet that have great more guard than other.
Yes I am sure that way it can minimize hackers to hack our wallets but did not rule out hackers can also break the protection of the wallet because something made by man that no one is perfect. certainly have gap though it is very small.
There are many things you can do besides just having a wallet, you can encrypt your hard drive ,that will make a lot more harder to try to hack your wallet, you could keep that computer in cold storage and if you combine the two the chances of losing your coins because of a hack are very low since the protection will make very difficult for anyone to try to get your bitcoin out of that computer.
2131  Bitcoin / Bitcoin Discussion / Re: Why people are holding Bitcoin? on: August 01, 2017, 12:42:24 AM
Because many believes that one day bitcoin's price will get to its peak and nobody wants to miss that chance.
So holding now atleast 10btc will somehow secure the future. Bitcoin is life and the future.  Cool
10 BTC seems like a low amount of bitcoin especially if we are talking about guaranteeing your future, but it can be enough if you live in a third world country with low expenses, however when it comes to money there is not such a thing as having too much, so if you can save even more than that do it since the benefits are going to be astronomical in the future.
2132  Economy / Speculation / Re: BTC will up. dont worrry on: August 01, 2017, 12:34:10 AM
I don not worry about bitcoin price at all,  cause ive already seen several times bitcoin price goes down and after only 1 or 2 weeks the price climbed up again,  so if we encounter  btc price fall this week its only a normal happening. It will climbed up again  once everything is fix.
That is just normal movements of the market but even in bitcoin there are exceptions probably the most known is the crash of 2013 bitcoin lost a considerable amount of its value and it stay there for a lot of time, many people thought that bitcoin was not going to recover from that, I think that is why governments did not put too much attention to bitcoin they thought it was dead but now look at it.
2133  Bitcoin / Bitcoin Discussion / Re: How many people are asking you about Bitcoin now? on: August 01, 2017, 12:31:15 AM
I've been talking about Bitcoin to family, friends and random people for years and nobody seemed to mind when BTC was under $1000. But now that Bitcoin has reached $2000, people are starting to realize that owning 1 BTC is beginning to be out of reach for the average person.

I've had more people ask me about Bitcoin lately and wanted help buying Bitcoins. What about you?

My family always asks me about bitcoin because I have been focusing into it recently. It is really hard for me to explain to them what it is since I am just new to this kind of stuff, and they ask me a lot of questions because they want to know how will I be able to earn money through bitcoin. My classmates usually ask me about it too after I started becoming a member here in this forum. This is why I want to learn more about bitcoin and hopefully earn even a little already because it is easier to explain it to others and make them beleive if you have a solid proof.
I know what you mean but you need to try to take things slowly, when we get in bitcoin I think most of us have a sense of urgency but you need to try to calm down that a little bit, or you could find yourself being scammed by trying to make money fast, the best option for you is to learn slowly even if you do not make great profits at the beginning of your journey.
2134  Economy / Economics / Re: Bitcoin prices rise high on: July 31, 2017, 01:58:44 AM
Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?



Yes I think so. Many people think that they would earn much more money in bitcoin than working because bitcoin price is now high compare to the previous years. Me, I will also do the same thing they did. Why suffer from hard work and get stress if I know some options where I can earn much big amount of money without getting stress. If bitcoin price continue rising I think much more people will go to bitcoin and I have read that the more the people who use bitcoin, the higher the chance that bitcoin will rise more since there are not enough coins for all the users.
Some people do that but there are others that enter in bitcoin because there is nothing left, the labor market is very difficult at the moment no matter where you are in the world and bitcoin is an escape it give us the chance to earn in this new currency and it gives that chance without asking any questions like the ones you will find in almost any job interview.
2135  Bitcoin / Bitcoin Discussion / Re: What if, we advertise bitcoin on T.V.? on: July 31, 2017, 01:53:08 AM
This was tried with the bitcoin bowl, but people still dont really understand exactly what bitcoin is and it is extremely hard to show on a short advertisement. Our best bet is to put that money into other methods which would most likely be better at bringing more people in and showing them how it works.
It is better to let bitcoin do its magic all on its own, to try to promote bitcoin that way will cost money and time we do not have, it is better that people realize on their own that bitcoin is the best option for them that way when they invest in bitcoin they will do so because they are convinced and there is not going to be any form of buyers regret.
2136  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Portfolio on: July 31, 2017, 01:49:59 AM
One thing i want to mention is stay away from coins that pumped like crazy like DASH, ETH, MONERO
Almost all coins pumped like crazy in the last year so it is difficult to stay away from them, at the moment ETH seems to have a nice low enough price to buy, so for those that want some easy profits this seems like the moment to buy, maybe you are not going to profit from your investment immediately but you will at some point in the future.
2137  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BLOCKNET HOT SPECULATION !!! on: July 31, 2017, 01:46:57 AM
Well I don't know about the coin, but given the recent issues with BTC-E, it's sure that decentralized exchanges are the future. Investing in one if them is definitely the thing to do.
This, we cannot ignore any longer the issue, an exchange is just a big point of failure look at what happen to Mt Gox and all the hell it brought to bitcoin, investing in decentralized exchanges now it is a good idea because at some point those are going to be the future of cryptocurrencies, so to me this seems like a safe bet if you want to make some earnings.
2138  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy new altcoins in ICO stage = profit? on: July 31, 2017, 01:34:39 AM
There are profits when buying new altcoins in the ICO period, I think this is not entirely true. This depends on the ICO project you invest in, the value of the altcoin when on the market. If the ICO succeeds well, the altcoin price is high then you will be profitable but if the value of altcoin is not as expected it will drop in price then you will lose. There are also a few ICO that are scams, if you do not find out about it you will run into quite big risks.


Not only that but even when they are getting listed the Bonus ICO investors and bounty hunters will start to sell immediately when the coin get listed and so the price goes below ICO and if you really wanted to buy then you can get that time in low rate. So it is not profitable to invest in ICO.
It is important that if you are going to invest in an ICO you do it because of the merits of the ICO, if you are speculating then you could get the coin for a lower price if it is dumped after it enter the exchanges but if the opposite happen and the coin skyrockets then you will never get the chance of getting cheap tokens, so it s better to think your strategy carefully when it comes to investing in ICOs.
2139  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: July 30, 2017, 05:07:45 PM
There are a few key differences:

Liquidity and fees: it's much easier, and less costly as a % of principal, to buy/sell bitcoin than it is to buy/sell gold. This is positive for bitcoin.
Time: gold has been used as a store of value for thousands of years, and will probably be used as a store of value in the future. Bitcoin is still in its infancy. This is positive for gold.
Practical value: Gold is used for some industrial processes, but rarely. Bitcoin has a ton of uses as a means of exchange. Positive for bitcoin.
Transport, Transporting gold is difficult and dangerous, you need specialized equipment and even armed guards if you are transporting an important amount of gold, also it is impossible to do this without people noticing it, in the other hand you can transport a huge amount of bitcoin in an usb or a paper wallet and no one will notice and it is way easier to do this in bitcoin. That is a positive for bitcoin.
2140  Economy / Economics / Re: New rich people thanks to BTC on: July 30, 2017, 06:59:21 AM
I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.

This is the analisis I made:

On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd

On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd

On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd

Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD

That is amazing.

I wonder what are the new rich people doing right know? have they realised that they are rich yet.



These figures look good only in statistical reports. In fact, very few people were able in the past to keep their bitcoins and become a millionaire. Most of the people they squandered. I know people who have become millionaires only because of the rising prices of bitcoin. Who knows, maybe in the future we expect to reverse the process.
No, those figures show a tendency, every year we need less and less bitcoin to become millionaires, how long it will take for the day when you no longer need 3 figures but only 2 figures? Bitcoin will only need to reach the value of 10k for that to happen, that day is not that far away it may happen in the next decade or even sooner, so we need to get as much bitcoin as we can.
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