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2421  Alternate cryptocurrencies / Altcoin Discussion / Re: My understanding of Ethereum on: March 15, 2017, 02:39:52 PM
let me just add this little thing in the middle:

"A" writes a "smart contract" on Ethereum. Since "A" isn't perfect his "smart contract" isn't either. "B" finds the bug in "A" "smart contract." "B" steals "A" ETH.

if "A" was one of the whales like Vitalik, then A orders another fork (roll back) to recover his funds and everything is back to normal for A.
then price of ETH starts falling hard, whales put up gigantic buy walls like before to prevent the crash after a month of people dumping and whales putting up walls we see 3 chains ETH, ETC, ETX

Quote
Repeat... Repeat... Repeat... ETH goes to $0!

ETH comes down but doesn't crash because of walls!
ETX rises because it has a lot of demand from angry users seeing another dictatorship fork and whales start dumping their ETX and making money to put more walls on ETH
2422  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin bring any country on its knees? on: March 15, 2017, 02:34:29 PM
nah, i don't think so. bitcoin is not big enough to do such a thing. you are looking at a small picture, instead you should start zooming out, compare bitcoin with other things in the world that are similar and you will see. financially it is too small in my opinion.
2423  Economy / Service Discussion / Re: Freebitco.in launched a new feature. on: March 14, 2017, 02:27:10 PM
ever since Google AdSense blocked their account and no longer allowed them to use their advertising network, they have been trying way too hard to bring in more people and make money in other ways. from the lottery to rewards and all that weird stuff.

with this, they are officially desperate for money, if you want my opinion. although kudos to them for being the oldest faucet which is still big and around.

i just hope they don't scam people and run away!
2424  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you think Ethereum could break $1000 as well? on: March 14, 2017, 02:18:20 PM
I hope ETH will break $1000 Smiley

we are all hoping that simply because we want to dump it fast and at higher prices to get our money out before it is too late. but because of this and also because of the fact that whales want to take their money out, we will never see big prices. not even higher than $50! the whales are already cashing out and even if there is another wave of pumps it will go up to 0.03 which is only high price ($37) because bitcoin is worth a lot more.
2425  Alternate cryptocurrencies / Altcoin Discussion / Re: What's driving altcoins? on: March 14, 2017, 02:11:34 PM
We're in a strong bull market for Alts. BTC is up too but within its normal limits. Anyone have a clue? I would guess trading bots butt hat would be a shot in the dark. I really have no idea what's driving the entire market.

what do you mean trading bots! is it something like the terminator and computers rising Smiley

it is all pump and dumps around here in these parts and they are all using the same old bitcoin is dead techniques these days to pump their coin.
give it a couple of weeks and come back to see all this hot air vanished and these coins back to normal dying downward spirals...
2426  Economy / Trading Discussion / Re: can I make 100$ in 2-3 month without a base money? on: March 14, 2017, 02:06:09 PM
yes you can, go and take a job and work a little bit and you can make that much in 2 weeks up to 1 month depending on what kind of job to start! and that is for very low paying job!!!

but since you are posting this in trading discussion, i assume you mean trading job. and yes you can make that much but you need something, you can not do it with 0!
with your $20 you need a 400% profit which is a little bit hard but not impossible although you need to have been traded before. if you are a beginner then forget that target and start with smaller targets such as 5% profit.
2427  Bitcoin / Bitcoin Discussion / Re: Bitcoin Heading to ONE MILLION DOLLARS on: March 14, 2017, 02:01:34 PM
i am a bitcoin hodler and i believe in the future of bitcoin but i can not yet agree that bitcoin can reach 1 million dollar.
obviously price is rising and will continue to rise for many years to come because of the adoption and how the supply is limited and all that we alrady know very well enough. but to reach 1 million dollar it needs lots of adoption and that requires a lot of improvement and a lot of time which i don't think is going to be in my lifetime Smiley
2428  Bitcoin / Bitcoin Discussion / Re: To speed up transaction via fiat money is a Shame for Bitcoin on: March 14, 2017, 01:51:12 PM
i can see how such services can be useful in some rare cases but it is pretty messed up to ask for something like this while you are earning pretty high amounts of money from the block reward you are already mining and with the bitcoin price at current levels you are already making a very huge amount of profit from 12.5BTC reward.

and all the while ViaBTC is doing the same thing for free!
2429  Economy / Speculation / Re: Bull run is over. Welcome to the consolidation period. on: March 12, 2017, 04:10:58 PM
Looks like the bull run of the couple months is temporaly over. Time to have a nice consolidation period around 1100$. Let the dust settle and let bitcoin cool down. We need to stay at this price for a couple of months and let it be the new bottom. Its better for our market, traders and bitcoin's biggest problem: trust.  Average Joe needs to believe in bitcoin to make it succesfull. Spread the news folks!

it is pretty funny because price is already back above $1200 now Cheesy

to be honest i was expecting another boring state when price stays low and everyone yawns in the speculation board but it seems like the market has been very ready for this rise and the demand (specially with all the money they got in the last rally) is buying bitcoin up again towards $1300 once again.
2430  Economy / Trading Discussion / Re: Best Investments on: March 12, 2017, 04:02:09 PM
Once you miss a small information that could be vital for the market, you might lose a chance to make profit or worst is you lose a chance to sell at reasonable price during dump.
But in my books, the definition of best investment will withstand time too. Yes, we do not need to be time sensitive to take decision for a best investment similar to bitcoin opportunities. You can have time all the time to make decisions when we are holding such type of investments for long period.

The best investment will get profits in long time and we never need to rush for taking good decisions at right times.

not all investment remain always good. bitcoin will stop being the same profitable as today in a couple of years too. that means today you can get in to get 200% profit each year but this can not go on forever. in 5 years or more price will rise to a point where it will slow down and no longer goes up like this.

the better example would be investing in altcoins. there is always a good time to get in and get out of them and if you miss the get in part there is no point investing in them anymore.
2431  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are the most promising Altcoins of 2017 and how to get them? on: March 12, 2017, 03:46:56 PM
I am looking at all the cheap anon coins. DASH is rising fast now and it will be a matter of time before every body will release that it is expensive and look for the next DASH. It is a good opportunity to accumulate all the cheap anon coins and look at them flying when the whales pump them. I am currently looking at XMR and SDC and they should rise sharply soon.

when these coins are rising and price is already high and then you see everyone is talking about them you should know that it is already too late to get in and you are buying into the pump if you buy at that time. and you certainly don't buy it "cheap"!

but that never means you can not make profit from this market. there is still room for rise or even there is fluctuation that you can take advantage of and make some small but very fast profit.
2432  Alternate cryptocurrencies / Altcoin Discussion / Re: What Are The Best Unlisted Altcoins? on: March 12, 2017, 03:36:53 PM
Most of us go to coinmarketcap when we search for altcoins, but there's allot of unlisted altcoins. What do you think is the best altcoins that are not listed on coinmarketcap?

the only coins that are not listed in anywhere are either too bad coins which were scam, virus, or any other bad reason and these lists removed them to protect users. or they were dead coins with no longer active blockchain.
this group are obviously all bad coins.

also there are very new coins that are not yet released, so these sites like coinmarketcap don't list them. again saying anything about if they are good or bad is too soon!

also remember that when opening the home page you only see a limited number of coins you have to go to the next page to see the rest of them!
2433  Bitcoin / Bitcoin Discussion / Re: Even the great Firewall cant stop Bitcoin trading in china on: March 12, 2017, 03:31:09 PM
this is one of the many benefits of a decentralized system like bitcoin. when we say decentralized it doesn't only mean there is no bank but also it is the fact that nobody can tell you how to use it.

although China has never said anything about wanting to ban bitcoin though. so saying the firewall of China couldn't do it is not really relevant here.
2434  Bitcoin / Bitcoin Discussion / Re: Bitcoin in Asia on: March 11, 2017, 02:30:40 PM
Bitcoins i think is accepted everywhere and each country but some is not really adopting it.Yes bitcoin is do accepted in ASIA,you can freely spend your bitcoins in asia, no restriction at all you are free to use and to spend bitcoins here in asia
No not really, bitcoin is not accepted in all the countries, for example in north Africa people don’t know what bitcoin is so governments don’t even bother making laws about using bitcoin, in fact some of them don’t even have PayPal yet so bitcoin is a really advanced thing for them.

yeah but at the same time there are many other countries that have people using bitcoin in them but the government has not yet made a clear stance towards bitcoin, i have heard many things about bitcoin laws in here but nothing is set in stone yet.
2435  Economy / Trading Discussion / Re: Day trading on: March 11, 2017, 02:23:29 PM
In altcoin trading,is day trading profitable or trading on a long term basis?

both of them can be profitable depending on which altcoin you are talking about and when.
for example a couple of days ago when Dash and Ethereum were being pumped it was a very good time for day-trading these coins to buy low and sell high in each dip and rise.
also further back when they were still low and not in a bubble it was a good time to buy for long term and sell after the pump.
2436  Economy / Speculation / Re: BTC back to 1,200+ on: March 11, 2017, 02:18:36 PM
...I guess this will only increase our chances of getting the ETF approved in the future and once again this proves that bitcoin don't need such events to survive or have a price increase.

admittedly i didn't really follow ETF that much but i remember reading somewhere (in comments) that this was the last chance of this particular ETF to be approved and they won't accept it again.

can someone confirms this?
2437  Alternate cryptocurrencies / Altcoin Discussion / Re: Using an Altcoin to Save a Few Cents May Not Be Worth It on: March 11, 2017, 02:10:59 PM
As the Bitcoin network experiences transaction congestion and higher fees many people have considered alternatives to avoid these issues.
well this is wrong, or at the very least you are just making a guess.
because all we have seen so far are either random brand new (throwaway) accounts created to say things like this or known shills saying "..switch to altcoins to..."

using an altcoin to save a few cents on a transaction may be more of a hassle than you think.
i completely agree with this.
if you want to buy something or pay for a service with bitcoin, they barely accept bitcoin, let alone any of the altcoin so it is literary impossible to use altcoins instead of bitcoin.
and if you want to transfer money, then you will end up paying more fees:
1. deposit fee of money to exchange
2. exchange fee (0.15% to 0.2%) from fiat to bitcoin
3. transaction fee of transferring bitcoin from bitcoin exchange (eg coinbase) to altcoin exchange (poloniex)
4. exchange fee (0.15% to 0.2%) from bitcoin to altcoin
5. transaction of altcoin network to transfer to other person.
{waiting a lot longer for a lot more confirmation since altcoin networks are not trusted and they have lots of orphans)
6. the other person exchange fee (0.15% to 0.2%) from altcoin to bitcoin
7. transaction fee of transferring bitcoin from altcoin exchange (poloniex) to bitcoin exchange (eg coinbase)
8. exchange fee (0.15% to 0.2%) from bitcoin to fiat
9. huge bank fee for cashing out fiat to your bank.
2438  Bitcoin / Bitcoin Discussion / Re: Apple, Microsoft, Mercedes Benz Accepting Bitcoin on: March 11, 2017, 02:01:22 PM

the news about Japan has been the biggest news so far if you ask me, because all these other small companies (Microsoft Smiley ) are just companies but Japan has just accepted bitcoin as a real "currency" and they are doing it as a country which means the way is open for the whole country and a whole lot of businesses and companies to start accepting and working with bitcoin.
2439  Economy / Gambling discussion / Re: Would you login to a gambling site with Twitter, Google or Facebook Id? on: March 10, 2017, 11:44:18 AM
no problem for me i can log with twitter google or facebook, you know why? because i have fake account there too lol, you really think i'm going to give up to my privacy because of this? of course not, you can alwys be anonymous on the internet unless they are asking id proof with photo, and for those site i stay away from their business
Yeaaa you can always create a one time used social media account, so it should not be a big deal.
But what is the point have to use social mefia to log in or sign up?
It is really not necessary , it will makes people have a lot of speculation, people will accuse the site owner to collecting info of player.

i don't see any point it that, and it actually is a privacy concern for me to do that so i will never do it if i see the option somewhere. but also you may be able to easily advertise your affiliate link from that casino on social media. imagine posting your winning roll directly from the casino on facebook and the link is your ref link. that way your friends can easily be your referral too.
2440  Economy / Speculation / Re: Blockchain.info Outage on: March 10, 2017, 11:31:58 AM
What will this do to the price? They are 3 hours behind on new blocks, and their wallet service is giving very interesting errors. I tried to withdraw from my blockchain.info wallet and the balance didn't decrease.

even with my eyes closed i can tell you it has no effect! and why should it, blockchain.info is a bad web wallet with lots of outages and bugs they don't seem to be fixing.
it was about a week or two ago when they were reporting bitcoin price to be zero! and the chart in their front page showed a nice little chart of bitcoin price taking a dive to oblivion Cheesy it was a funny day.
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