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2421  Economy / Services / Re: Dentist accepting bitcoins (or other criptocurrencies) on: February 10, 2019, 03:22:08 PM
as long as you are considering two things, i'd say it is a great decision.
first is the volatility that bitcoin and mostly other cryptocurrencies have which can eat into what you earn a lot at times. but if you can get over that risk then it can be a good potential for profit too as bitcoin is going to grow for sure.
second is whether there is a market for that. what i mean is whether your patients (since it can be different depending on the countries) even know about bitcoin and most importantly whether they are willing to spend it or are they only interested in hoarding bitcoin.
2422  Bitcoin / Bitcoin Discussion / Re: Jack Only Have Bitcoin on: February 10, 2019, 02:54:34 PM
okay it's quite interesting to discuss it here, I think not only the founding jack of Twitter there might be other founders who are also the same as him for example Google, Facebook or others, so whether that would make the value of Bitcoin better, so I will wait for others to say that's in 2020

why are you waiting for them to say whether they have bitcoin or not? are you incapable of making your own decisions when it comes to bitcoin that you need some hyped up event to let you know what to do next!
it is pretty simple, you either see some potential in bitcoin and buy or you don't and you stay away. you shouldn't just wait for other people to do something so you can follow Wink
2423  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin as a sustainable currency. on: February 10, 2019, 02:44:00 PM
i wouldn't call it worst year for bitcoin, etc to be honest. yeah we had a lot of scams and a lot of newbies lost a lot of money but that is just how the altcoin market has always worked. if you look at the altcoin charts you can see that every year or so we have the same situation with them being pumped a lot and then get dumped on the newbies who decide to bag hold them.

you are also ignoring all the real growth that bitcoin had during 2017 and 2018. with all the real adoption and the increase in number of merchants that are not accepting bitcoin as payment. not to mention how lightning network has been setting a new record every month.
2424  Economy / Speculation / Re: 3 Reasons Why Bitcoin Always Declines When Lunar New Year on: February 07, 2019, 03:57:28 PM
let me take a different approach this time.
lets start from yourself. you are here so i am assuming you have invested in bitcoin. so let me ask you this, do you sell your bitcoins before holidays? how about other investments? stocks, bonds, gold,...? do  you sell them before holidays?

i am looking forward to hearing your answer. because that is the biggest problem with people who speculate about bitcoin nowadays, they read something online and then think that is correct without thinking about it. when you are not doing something, others don't do it either because of the same reasons. in this case these are your investments, you don't just liquidate them before holidays. you may cash out profit but you do that during rises not after falls at the bottom. and if you are doing otherwise then you are not such a good investor, maybe you have to rethink your strategies.
2425  Bitcoin / Bitcoin Discussion / Re: Cryptos Now A Bonafide Currency in Wyoming on: February 07, 2019, 03:37:38 PM
i am surprised that such a news like this hasn't gone viral. granted it is just one state in US but that is still a pretty big news in my opinion specially since bitcoin is going to be tax-free in Wyoming now (according to news sites).
2426  Economy / Economics / Re: Italy already in recesion on: February 03, 2019, 04:24:10 PM
the fact that everyone sees a global recession coming right now tells me it's not happening yet. especially after that v-shaped recovery in stocks. i think people are jumping the gun by a couple years.

this is also what i think.
i believe most of the scary stuff about recession we see nowadays is mostly the fear that the 2008 recession created in the minds of everyone and since it is so recent people still see it on every corner.

the real recession however is not something that you would read about that easily. it will be kept silent until the insiders get out or at least make some plans and preparations. then it will break out and go viral overnight.
2427  Economy / Speculation / Re: new fork bitcoin at soon time will make bull run on: February 03, 2019, 04:01:05 PM
Can anyone explain to me why everyone here thinks that forks actually lead to price surges?

4 words: altcoin pump and dumps

every time in the past that an altcoin had anything from fork (as in upgrade) to name change or release of a new wallet to fork (as in chain split and airdrop) that altcoin gets pumped by the pumpers.
a lot of the newbies will always compare bitcoin with shitcoins becasue that is what they bought since they though they "couldn't afford buying bitcoin" so now that world is all they know! so they think things are the same with bitcoin too.
2428  Economy / Speculation / Re: POLL: Did we hit the bottom? on: February 03, 2019, 03:50:00 PM
actually the $6000 was a pretty strong bottom at the time and the highs and lows were meaningless because they were all the same after the actual drop ended.
what is even more important is that if the BCH drama didn't occur, we would have never seen anything below $6k ever.

6 grand felt like no man's land to me.

On the way up 3 grand was really the only truly sticky area to get through so it makes sense that it would return to there and possibly not go below it.

I don't think it was anything to do with the Bcashes. It was going to happen regardless.

then why did the drop happen during the Bcash fork?

it can't be a coincidence that they spread a lot of FUD about bitcoin, then spread the fear that a large amount of bitcoin (i think 1 million was the bullshit claim) is going to be dumped on bitcoin market to use the money to buy BSV and pump it. then the bitcoin price drops as the whales take advantage of the circulating fear to short bitcoin and make money.

i say without bcash price would have never dropped no matter how much whales tried because the market was pretty solid and the support at $6k was very strong. it was tested at least a dozen times and could not be broken.
2429  Bitcoin / Bitcoin Discussion / Re: Did you know? on: February 03, 2019, 03:37:53 PM
We need more robust front ends so that everyone can use and secure the coins safely and there is a big opportunity for development in this space and hopefully we will see more good developments in the future.

this is not going to happen without the help of the users though. and by "help" i don't mean the fund raising scams such as ICOs. by help i mean everyone to contribute to projects even if it is a small contribution like posting suggestions you want to see in the interface of your favorite wallet. or bug reporting. that can go up to more experienced contributors like code reviewing, etc.

don't forget that we are in a decentralized system with open sourced projects not some centralized system with a company at the head which you have to look up to deliver!
2430  Bitcoin / Bitcoin Discussion / Re: Are we not abusing decentralization? on: February 03, 2019, 03:28:58 PM
unfortunately you, like many others, has fallen for the common misunderstanding that the government regulations are a solution to everything such as scammers and it can eliminate them but if you actually check out what all the regulations already in place have been all about you can see that their focus is only on things such as money laundering, illegal activities like dark market, terrorism funding, and most important of all tax evasion. they do not even focus on busting the scammers .
so no, in this case decentralization is the problem.
2431  Economy / Economics / Re: Cryptocurrency lending business. on: February 02, 2019, 04:45:00 PM
it is not for everyone or in other words it can be a horrible business for some and a good one for the others.
for example if you are depending on the fiat value and making a living that way as the businesses logicall go, then you will be screwed a lot. and if you try to change the contract in a way to protect yourself against cryptocurrency price dumps then you will be outbid by the rest and out of a business.
but if you don't care about the fiat value that much and focus only on increasing your cryptocurrency amount, like loaning bitcoin to earn more bitcoin then it can be a good business although there are still headaches of collateral, defaults,...
2432  Economy / Economics / Re: Why the Bitcoin is still down? on: February 02, 2019, 04:31:10 PM
that is not something you can "lift up"! unless you have confused bitcoin with one of the pump and dump altcoins, in which case you are out of luck.

but if your strange question is actually asking about what can change this trend and "reverse" it then the answer is only time. this is simply another step of the inevitable process of market trend change. it will never be a sharp V like switch. instead it will be slow at first with a flat line at the bottom and a lot of tracebacks then eventually some major resistances are going to be broken and we will be on our way.
2433  Bitcoin / Bitcoin Discussion / Re: Indian Government Invites Law Firm to Present Suggestions for Crypto Regulation on: February 02, 2019, 04:18:46 PM
n India,there was a complete ban on cryptocurrencies and this is great news, India is the second largest country in the world in terms of adoption of the law will raise rates and adoption of cryptocurrencies.

sorry to disappoint you but there has never been any "bans" in India regarding cryptocurrencies. they have been completely legal and Indian people have been trading them freely.
what you have heard, thanks to our shitty clickbait news sites, is that Indian Reserve bank stopped letting people use their services to buy or sell cryptocurrencies. that is not a ban since they are not the government.
2434  Bitcoin / Bitcoin Discussion / Re: A new malware designed to beat 2-fa authentication on: February 02, 2019, 04:02:45 PM
To be honest,  between hackers and regular users that is not even a battle. Hackers win easily.

you don't really need to be an expert to be pretty safe. of course 100% safety is impossible no matter what you do and how "expert" you are but even a "regular user" with basic understanding of computers can be as safe that he/she never loses anything ever in his entire life. there are just certain precautions that you have to always take like not downloading or even visiting sites with anything fishy in them. keeping your secrets password protected,...
2435  Economy / Exchanges / Re: Crypto Exchange QuadrigaCX Missing $145 Mln After Death of Founder on: February 02, 2019, 03:40:38 PM
i think that is what we can call a good example of "centralized point of failure" .

I guess this is another lessons learn for crypto owners to implement multi-signature (correct me I'm if wrong),

there is no perfect solution. even using multi signature has flaws. for example who are you going to trust with the keys? what will you do if they try to work together and scam you. or what if enough number of them passed away that you could not again have access to the funds like a 4 of 5 key and 2 of them die!
2436  Economy / Speculation / Re: Bitcoin At $3,000 Looks “Symmetrical” To $20,000 Top, Reversal Possible on: January 31, 2019, 05:14:11 PM
"Bitcoin bravado trader jack sparrow" doesn't really ring any trust in it. Like it sounds as if you said "master anime watcher dr.neckbeard says" or something.

everyone is a self proclaimed expert these days on the internet especially when there is some money and fame involved in it! there isn't any shortage of names either. sometimes i even see the news sites throw names at us as if we are supposed to know them and their "guess" to mean something to us.

yeah, reversal is possible and it is close but that still doesn't make any of these people "experts" worthy of quoting Cheesy
2437  Bitcoin / Bitcoin Discussion / Re: Reports of bitcoin environmental damage are garbage on: January 31, 2019, 04:55:36 PM
Here are a few simple facts.
1. Approx 90% of bitcoins mined are sold to pay for the electric.

you can not make a guess and call it a "fact" instead! so far it is simply your guess.

So basically bitcoin must be wasting
whatever that real number is, why do you think it is "wasting"? just because YOU don't think bitcoin is useful it doesn't mean it is not providing a well needed service to thousands of people worldwide.
2438  Economy / Speculation / Re: Seems to me Bitcoin is getting over the bear sh*t on: January 31, 2019, 04:21:30 PM
interesting list you have gathered here. i didn't even notice most of these things here! but i usually don't follow the drama specially when the media is filled with a lot of negativity towards bitcoin.

the reason why market is not responding to the FUDs is mainly because the price is over dumped. it may not look like it now but bitcoin value at this point is a lot higher than $3500 which is why it is becoming increasingly difficult to dump it any more.
2439  Bitcoin / Bitcoin Discussion / Re: Why not crowd fund a reward for the Killer Bitcoin App of the year? on: January 31, 2019, 03:32:47 PM
it is a good idea but i don't think it can succeed though!

people only give their money to something they think can make them money. that is why all these ICOs could raise such ridiculously high amounts of money in 2017 and called it "crowdfuncting" and were supposed to deliver killer apps too.

what is a "killer app" anyways? maybe if we start the idea and put it out there someone could develop it. i wouldn't mind contributing to some open source project working on such "killer apps" for free as long as i like the idea.
2440  Bitcoin / Bitcoin Discussion / Re: Future of Bitcoin on: January 31, 2019, 03:17:13 PM
bitcoin is constantly improving and evolving, and so far it has been the best cryptocurrency that has been created because it is at a balance between all the features. it is not going all out on one thing to sacrifice everything else. like having faster transactions without decentralization.

of course like any technology it has only so much to improve but we have at least another 50 to 80 years before we see something that can beat bitcoin in its game.
You have a point about that, sacrificing the decentralization with a faster transaction is not a good idea in my opinion because Bitcoin is decentralized and no one controls it but the majority of the people hodling it determines its value. As what I see, the future of Bitcoin will be awesome even there is a lot of negativity spreading all over the crypto space I am still optimistic and will still believe in Bitcoin's technology and progress to the following years ahead. That 50 to 80 years is so long but I guess it those years the technology had grown dramatically and the usage of paper money could be at minimal because the majority of the people is using Digital type of currency or Crypto Currencies.

i chose 50 to 80 years because like any other technology there will always going to be a better version of it eventually so it is safe to assume some day we will see a better alternative. but at the same time we have to consider that fact that bitcoin itself is brand new still and on top of that it is also changing and improving. so it won't happen anytime soon.
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