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221  Other / Beginners & Help / Re: How many years Bitcoin can exist? on: October 13, 2017, 01:36:24 PM
I wanna know how many years bitcoin can exist, because what if i invest a big amount and the bitcoin will go to shutdown or going to close a blockchain system. This is my concern.

bit coin can exist life long. bit coin is nothing but currency so how can it dissapear. now mostly people try to buying bit coins for their needs. so bit coin has great demand to day. suppose with normal money we have to purchase and invest in something in business like that bit coins also we have to invest like that. really it is good investment to earn profit. bit coin usage increases then it's life time also increases maximum bit coin not dissapear.

Life long may not be true, since after no real value will be gained from mining, it would be natural to see so drastic changes in whole ecosystem. Yes, it could still be used as some kind of limited currency thats is limited in numbers. However at the time when this happens there could be more alternatives with maybe more superior technology..

And even if all the blocks were mined. There is a chance that there are new ones being created as of this moment as a contengency plan. Its not necessarily bitcoin but another block would arise.
222  Bitcoin / Legal / Re: Not Declaring Bitcoin Income on: October 13, 2017, 11:49:21 AM
Here in my country which is now an upcoming tiger economy (though we are still classified as a third-world country), we are free to participate in Bitcoin both buying and selling as the government is treating Bitcoin just like any other foreiign money.

However, I am sure that only a very, very small fraction of us are declaring our Bitcoin income. It seems to me that the government is not that interested to get strict with individuals as long as they can tax the Bitcoin exchange provider for the service rendered.

I am then wondering the situation with other countries. Can your government really be able to track if you never declared gains made from Bitcoin transactions?

This is the one reason why nations should legalized bitcoin because they will gain bitcoin income tax in which a little bit frustrations to some bitcoin enthusiast because there profit will be deducted but i think this is fair because income thru fiat was tax collectable too. All tax imposed by the government are good as long as it was used for the welfare of their people that is why they should be honest in declaring bitcoin income but if it will just to be stolen thru corruption that is bad and I'm against it.

I suppose it is not easy to regulate something that is virtual because mainly they cant track whoever own how much. It is still better to tax it if ever it is converted or let the government connect to entities that are using bitcoin in their services.
223  Economy / Service Discussion / Re: Trading bot : I want to make 1-2% per day on: October 13, 2017, 11:37:48 AM
Hello im looking for a good trading bot, i want to make 1-2% per day its possible?  gunbot is shit , C.A.T also


I dont really see any reliable trading bot existing in their because i dont believe on that since all i was believe all this time that trading needs human interaction where you need to be patience to get profit, but its up to you op if you really finding that one and just be carefull on dealing with people saying they have the thing that you find because mostly of them are scammers.

Well it's not all are scams and it just depends on the user on how he would use bots or how can he benefit from it.
224  Bitcoin / Bitcoin Discussion / Re: Will bitcoin end? on: October 13, 2017, 09:36:07 AM
Yeah possible but that means we are back in the dark ages, remove the internet and electricity then this bitcoin will end but for now the future is bright. The price is continually rising. To answer your question if its too late to invest now, well it is never too late, its just that the price equivalent of the money that you have when you invest in bitcoin will be much smaller. You just need to buy at the lowest price possible then sell when its high.

If ever another atlcoin rises among others, then i think is should be recognize as its own and not just be term as "next bitcoin". And even with the creation of many cryptocurrency, it is not easy to make own currency that does not rely on other blockchain. You have to make your own to be known as cryto and not just token.
225  Economy / Lending / Re: Profitable Restaurant Seeking Cryptocurrency Investors / Lenders on: October 12, 2017, 10:55:47 AM
This being your first post on this website you should be very willing to describe every single detail of your business and why you need investments and how your going to keep said investments safe, everything should be able to be publicly viewed. Also things like how your going to help the investors, interest, etc. Otherwise no one will take any of this at all serious. If you genuinely need investors I suggest you make everything public and known, otherwise you will be seen as just another scammer and probably get you some negative feedback.

Well i guess he has to stay for a long time in the forum to atleast be familiarized on how things are done here or at least read infos on crypto currencies to have a better purpose on the services he is going to offer.
226  Economy / Exchanges / Re: I want to invest $200K to set up an exchange and I need your help on: October 12, 2017, 10:30:46 AM
Oh great, another "Newbie" claiming to have $200k to start an exchange. I will give you a tip - people in the cryptoworld don't trust newbies. Either back your claims with proof or be prepared to be trolled.
It is time to enjoy the people who are having the bitcoin and they are investing in the bitcoin. The price of the bitcoin will be high in the future and the users will continue to invest in the bitcoin for the long term.200k is a very high amount of the money so they are very lucky to have that much high amount of the money and investment for your future.

A high amount really for spending on some other things but for making an exchanger? I think 200k$ is not so enough since marketing it will cost millions and the other maintenance cost can possibly more expensive to take. So better we shouldn't set some budget and its better that we have stretchable balance so that we can give an excellent quality service to the traders,

I think with that kind of money, he/she should already know the risks and dont just ask anybody to make transaction. Can ask and find out more on the suggestion but dont really make others do transaction for you. Try experimenting 1st before going in.
227  Other / Beginners & Help / Re: Your scammed experience? on: October 12, 2017, 09:15:19 AM
ive experienced many scams and i keep ruining across them everyday but i still keep persistence until i find the right gig that works it will pay off i know so. It is important to know the early red flag symptoms of a scammer.

Their a lot of ways how to get scammed because as bitcoin is being innovated. their are this short term scams and longterms scams just like investing. Some could earn in short time but most investments are in the long term.
228  Other / Meta / Re: Activity and Post went down on: October 12, 2017, 08:22:18 AM
I see so the activity will go down as well when the post was deleted by the admin. To bad for me , i really don't know a lot about those rules Sad

Well their are those rules that are written on the forum and their are these unwritten rules that is in the mainstream known by most members in the forum. We are really just beginners to accepted to make mistakes but at least one mistake should at least give enough common sense to not do it again.
229  Alternate cryptocurrencies / Altcoin Discussion / Re: BEST NEWCOMER TOKEN IN THE LAST FEW MONTHS!! CAST YOUR VOTE!! on: October 11, 2017, 05:56:10 AM
I could see that most of this token are made from Ethereum platform.  And although there are ICO's released almost everyday, i could say that it is too early to decide but im going with FLiK also and HOWL.
230  Economy / Trading Discussion / Re: Patience and Holding on: October 10, 2017, 10:40:37 AM
Patience is the key to success inside trading knowing how how to hold and learn how to wait will allow you to generate much bigger value of your investment, I guess if you are placing your money with project which have good potentials you will be able bring more bacons.
Thats true, in trading and investment we cant see the outcome fast and it takes time. if you dont have patience and always in panic if the price are decreasing you wont gain anything. its important to wait and see whats gonna happen later on. set aside your emotion and believe that in time theres a postive result in all your sacrifices.

Without investing trading you can simply hold the coins in your desktop wallet or hardware to keep it safe. I have met a friend two weeks before who bought 4 bitcoins when the bitcoin's value 250 USD but now its value grown to big value.
You wait but no need to worry about the value now. surely we will find the huge impact in the price chart in upcoming days.

These days also the pace of the price is unpredictable it could increase greatly or fall down in just a span of a week. Some can profit in a long term and some would profit in short term. It's just when and how we sell is our own strategy.
231  Economy / Speculation / Re: The Price of Bitcoin Will Collaspe ....UMMM on: October 10, 2017, 09:23:37 AM
FUD

I don't know why people read and spread such FUD, especially for threads made by accounts with very few posts, clearly made especially for this purpose.
But life is fun, let's grab some popcorn and watch a new episode of FUD and market manipulation.
If Bitcoin will crash so badly, it'll come back easily again. It's getting better and better on this.
I also think that such rumors are spread by those who are interested in order to undermine the credibility of bitcoin and to bring down the price on the market. But I am sure that all of their efforts will be in vain. All perfectly understand that now the price will go up and you need to be a complete idiot to now sell bitcoins.

Bitcoin just needs supporters and investors to at least maintain its tenure or go further. The lose of asset could really affect the price like when Chinna announced banning but it wont vanish easily even with those kind of loses
232  Economy / Economics / Re: Bumps on the road to BTC general adaptation, preventing increase in its price on: October 10, 2017, 08:40:55 AM
I don't think adaptation of bitcoin all over the world will prevent increase in its pricing. I have been said this several times that we need the positive and negative comments for us to be able to get balance in bitcoin. If all the comments about bitcoin is positive then price will get to the level were nobody will be able to buy and that will be the end of bitcoin. Negative comments and news help to bring about price correlation that will lead to stability in price.
I support that so that we can buy more btc but it seems that all the main news are negative!
and bitcoin.com is not as convincing and easy as it should be, turning off newcomers.

Not all news are negative but sometimes this news comes from veterans traders that are giving negative comments on btc and it sounds convincing until we see other postive news about bitcoin that is far more better than those bad news like the news about schools accepting bitcoin, for me thats a start for further uses of bitcoin.
233  Bitcoin / Mining speculation / Re: How do I go around mining bitcoins? on: October 10, 2017, 07:16:08 AM
I can see that is very complicated and does internet speed affect bitcoin mining?. I mean what if i use solar power and have fast speed assuming i have good unit.
234  Other / Beginners & Help / Re: How difficult is it to sell your position? on: October 10, 2017, 04:55:16 AM
HI guys,

I see a lot of us buying/investing in a lot of crypto currencies but my question is how to cash out of them? Is it as easy as buying them? Or are they limits?

Thanks
That is why theres an exchangers that do exist on the market which is the place you can buy bitcoins or any other coins which been offered by the use of your local fiat either loading up with you credit/debit card.If you dont like to disclose your card details you would still able to buy which you can actually made on localbitcoin which you can make peer 2 peer transactions among other users but be sure not to engage on scammers knowing that there are lots of criminal minds when it comes to money.If you do find out on the things i do mention on here you would really say that this thing are just basics.

I think it is better to send bitcoins to other withdrawing site than directly from that exchange site. But it also depends on what kind of service your country could offer. Because it would take long if from exchange site rather than in online wallets that is directed to banks.
235  Alternate cryptocurrencies / Altcoin Discussion / Re: How to partecipate an airdrop? on: October 10, 2017, 03:59:28 AM
It is a long term token right? or after they achieved some certain sales will they sell it?
236  Economy / Gambling discussion / Re: Poker on: October 05, 2017, 06:08:33 AM
This is obviously started by a person trying to advertise Btckings, but ok I'll bite.  I just checked your poker site and one of the things that discourages me, and most who wants to play online, is the low traffic.  What are your plans in fixing this and why do you think it'll be a different outcome from the other BTC poker sites who have failed?

Honestly, the only casino game that attracts me is poker but really it is no fun if we play it online. You can get the real thrill only in traditional land based casinos.

Obviously, it is not only AI that ruins fun in online poker but even playing with multiplayer, you can't get satisfaction and fun as well. Poker can be enjoyed at peak only in conventional casinos.
Technology has revolutionized our ways. It has facilitated us but nothing is perfect. Similarly, it is one of the cons of internet that people miss the real fun. I am also a poker player and seriously dude, poker can be enjoyed at peak only in land based casinos.

I tried it out with my friends at home but that was not very fascinating either. Dice is the right option to be played with AI.
Poker is a fun game which also providing opportunities to apply our experience. No doubt things have been totally changed within the last decade. No there is not a single place where we won't find computer and such machines. Like other games, poker is also played online and offline. We have gambling sites and land based casinos but the real fun is in real environment. However, playing with multiplayer online also is a good amusement.

I think for me for card games, it is better to gamble IRL. For me it is better because i could and really would feel or sense the enemy wether bluffing or really legit. Because most games online are always in all in mode and it is so boring. Especially if you have low chips. Bigstackers are always raising upon distribution of the card.
237  Bitcoin / Bitcoin Discussion / Re: The head of Mexico commented on bitcoin on: October 05, 2017, 05:56:39 AM
I hope this is a good news for BTC,as far I hold BTC user security is very safe.I see from a long way about the development of wanting to enact financial laws in mexico,hopefully that will be good news for BTC.Mexico users should explain to the head of finance there is security in crypto world it is very safe,I hope that mexico can legalize BTC.
There any site that explain about this,can you provide a link site?

I guess his statement is either neutral or giving out negative issues of bitcoin in a good way as possible. I observe that almost all governments fears the security and movement of bitcoin once is is legalized in their own state. Anyways it is just his comment as op stated so i hope this wont become another headline for bitcoin news followers.
238  Alternate cryptocurrencies / Altcoin Discussion / Re: Liquidity Advantage for Utility Tokens as Security Tokens delisted from Exchange on: October 05, 2017, 05:31:41 AM
Are all of these altcoins mostly used in chinnese community or it is just bitshares? So is it the site bittrex that had some issues or those listed Altcoins have violated some SEC rules. I am not familiar with the other altcoins but are they banned to to other exchange sites or it's just bittrex violated rules of those altcoin?
239  Economy / Speculation / Re: Bitcoin could be heading to $6,000 by year-end on: October 05, 2017, 04:59:17 AM
CNN News says "Bitcoin could be heading to $6,000 by year-end"
I am imagining what would have been the state had we not got stuck in multiple FUDs this year.

We need FUDS honestly so we can take advantage of those dips. It's way more better than continous trend to test whether how strong the support is at any given price range level.

Didn't see that sayings by CNN but on the bright note, it was possible and has chances. If we have to based for the recent action last August 1st event, the same thing is expected to happened on November event . Speculations says that there will be a large pump after all was being corrected properly after that. We just have to wait and see.

I guess it if good that CNN would give out news like that but it is not just them is anticipating some pumps and price increase on bitcoin. Right now the current bignews is another Hardfork and previous made some big impact on the price earlier. And a lot of countries are now making amends on how bitcoin could positively help their economy.
240  Economy / Gambling discussion / Re: 2016/17 NBA Season on: October 05, 2017, 04:44:08 AM

players like him should retire with pride i know how he loves to play but the competition now is really hard maybe he should consider giving a chance to a young guns Dirk can be qualified as like the two Hakeem of NBA he didnt need the strong body to compete yet he just need speed and shooting capability to win a ring and a MVP award.

Im a long time fan of Dallas Mavericks because of Dirk Nowitzki. Although Im rooting another chance for Dirk to have another ring looks like chances are low. He can play this full upcoming season and can consider retiring after this.

He already proved himself and honestly Im not expecting they will grab a championship. Im happy that they able to enter the finals on 2006 and I thought that will be the last because there are lots of dominant teams back then and the competition is equal unlike today. But they able to beat the superteam of Miami Heat last 2011 which is a great achievement. His leadership back then is awesome since for the first 2 games or I think until Game 3 of the finals, his teammates were all like not playing in their 100% maybe because of pressure. But in the end they grab the Larry O' Brien Championship Trophy and the nice ring that anyone wants.

I too had been their followers since their era with Michael Finley and Steve Nash. Just sad that Steve Nash didn't able to win championship but have a great stats including his season highlights that he grab the NBA season MVP.

Dirk Nowitzki is the only humble player I have known in the league that have the same attitude on Tim Duncan. I didn't seeing them do dirty plays and just playing the game on what it should be.
I definitely agree with you, he is a humble player and he even allowed his salary to be cut so the team can acquire great players.
So far, there is nothing that can really beat the record of Dirk with the current line up, he is good at his prime and I am not seeing any player who has
his kind of skills.

That is why he was named teammate of the year during the nba awards. Such great respect for him but i do agree that right now, Dallas has low chance of even making it to the playoffs. There current best player is harrison barnes who is still underrated could i guess do better if he has a good point guard in there team.
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