|
At this time a lot of us are quite happy that we have put China behind us and that bitcoin can do without China but for me, I would say its not over yet because a lot of people that are rejoicing now will be the first to dump in the case there is some downward trend in price. Chinese government to me still have a lot grip on bitcoin its just not going to be that easy for a market leader be cut off with price reaching an all time high. I dont see how practicable this is. It means the Chinese market is passively still involved in bitcoin.
I would suggest everyone should brace up because another impact is coming that I am sure of. Never put what you cannot afford to lose into bitcoin.
|
|
|
|
There are lots of bitcointalk members with multiple accounts and lots of abandoned bitcointalk accounts.
We can`t estimate the market size based on the number of wallets addresses.
The Coinbase info should be trusted,because most of the users have to be ID verified.
I believe that the cryptocurrency users worldwide are between 50 and 100 million.
I dont think there is any source that can be fully trusted without giving room for significant error. Relying on coinbase because verification is actually not going to cut it because there lots of users who will stay away from such sites that ask for verification and at the same time we have several sites that offer exchange services even without any form of verification. Pegging the crypto-currency users at that range to me would be a conservative approach because all over the world has the news of bitcoin touched and in US alone there are over 300 million citizens couple with India, China, down to the entire Europe before going to Africa I can say conveniently that the figure of users are very much above that amount. |
|
|
|
|
When it comes to sports gambling, there are some situations like this where there is 90% chance that a favorite team or individual will win just like this instance. In as much as it is simple to make the money so also its risky because my believe is that there are some higher forces at play when it comes to sport gambling who can influence the outcome of the game. I mostly play football gambling where I get to lose sure games but sometimes tough games, I end up winning.
If you are ready to risk it, go for it but nobody will be held responsible and not even Op because its the future you are predicting here its only by chance anyone can be correct.
|
|
|
|
|
While others are concerned about why the thread is in the service section of the forum, I am more interested on why the Thread is self moderated. You are offering a service that relies on trust which means a lot of people can quickly test your service and come back to give you the review you didn't pay for which means more business opportunities starts opening up but at the same time for critics to say where improvements will be needed. For me, a self moderated thread does not give room for that as you don't want to be criticized even if you are not meeting the expectation of your clients. Do well to create a new thread or move to the right section of the forum but be open to people expressing their view freely without the fear of getting it deleted like mine now is prone to.
|
|
|
|
Hey folks,
I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?
Appreciate any replies,
When it comes to token, its quite risky compared to bitcoin holding. I will suggest that only those ones with ICO running are the best option in my own opinion because those ones, when you invest early, you get to enjoy the bonus which will suffice in case there is drop in its price compared to holding the already launched ones whose value is mostly determined by pump and dump scenarios. However, in deciding which one to hold, there is need for you to fully understand what it is about and not carried away by the reviews or articles that abound over the web. This are mostly paid write-ups which might not be factual and even be objective because of the payment that would be involved between the promoters/developers and the writers. Your own due diligence is a priority. |
|
|
|
So, I'm sure many of you have seen tipsters on this section, in your Twitter, in chatrooms and some other places - it's the people who suggest you to place bets on certain picks in sports. And maybe some of you have asked yourself a question - why they are doing it? Why they are giving us advises how to win money absolutely for free - and by doing this they decrease their own profit, since the winning pool grows bigger as people follow their tips. Can anyone explain this?
The issue about the profit in gambling is that your winnings does not affect my winnings as the winning of others the market is large enough to accommodate every one. Also, the tips are not always right in most cases using my experience, some predicted scores over a period of time and I did trust is predictions because the past has been correct so far. This made me went in even though I had no idea about the teams involved but I trusted him at the end, I got bitten really hard. A lot of the tips you get are based on subjectivity rather than being objective and most times the thread is full of club loyalists who will always want their teams to win whether home or away. This is something one also needs to be careful for. |
|
|
|
Can't believe that Bitcointalk allowed this criminals to attack this really good project.
Its not about allowing criminals or not, its about giving everybody a voice whether you are saying the right thing or not. If the attackers are banned out-rightly, it then means any scam projects will not be given right to defend itself because all critics have been banned due to the forum rules. This alone will create more problem than what it would have stopped. The issue here is simple even if they are banned, nothing stopped them from creating another account and start the attack. Although, to be me, its a clear case of extortion and I expect the admin to do something about it though but you can just send a message to them because one account that I followed has not been tagged yet. Also, the claims that is being spread should be addressed and you can create a new thread to be self moderated but make reference to the old thread and state the reason why because of new people coming in. |
|
|
|
|
Laptops these days are being made to be compatible with every app you want to run without any difficulty in understanding what it is made up of. What you need is just to know the reason why you want to get it. For example a gaming laptop will surely need to be solidified with graphics card that will enable it function very well.
But for me, when it comes to running of nodes and the likes, there are applications that would have done the back end configurations all you need to do is to ensure you download from the right source, and ensure that you keep yourself and the computer safe by installing strong anti-virus and you are good to go without any threat. And also, never download anything from un-trusted source which is the main reason for hacking in the first place.
|
|
|
|
I'm now 21, and I have about 99.9% of my wealth in Bitcoin, I started to accumulate since 2013 till today, almost going to buy every time there's a dip (consolidation).
Many people have same goal/dream like me, hoping that Bitcoin will grant them earlier retirement or luxury life, but what could go wrong?
What's the possible scenario that could render Bitcoin into worthless, and what're the probabilities of that happening?
Don't get me wrong, I love Bitcoin, and I like how it makes us able to afford luxurious stuff, but I also wanted to be mentally prepared for the worst possible scenario.
Worst case scenerio could be much based on the current events of things but being prepared for is what matter. The only thing that could make bitcoin worthless I can think of is someone or government having the capacity to either hack the blockchain or destroy it all together. This is something that is likely impossible based on the readings and comments in the past. Another threat is not able to spend your bitcoin that have been accumulated over the years because of the restrictions by government for the fear of bitcoin dominance. However, this is something that can be surmounted but the amount to cash out at once will only be limited considerably not to attract attention from the law enforcement agencies. Aside those two things in my opinion, there are no other serious threats that could bring bitcoin to its knee. |
|
|
|
DONT DEAL WITH THIS USER WASTED AN HOUR OF MY TIME, CALLS DROPSHIPPING MARKETING
Please read instruction carefully before applying for any opportunity now and even in the future; my instruction is very clear. I would have told you i am not interested if you had sent me the title. Method of transaction
Prepare your method
Send me pm with the title only
Approach any trusted escrow
Deliver the method to the escrow and he/she shall send it to me.
Receive your funds through the escrow.
N.B
Escrow could be bypass if you are 100% sure that your money making method will not bring any controversy and you trust me; then you can send it first after the first 2 steps above.I wouldn't have any issue with the request you are making but the issue if by-passing escrow is not what I am going to encourage in other to protect the preparer of such information and more so how do you even calculate if the information is worthwhile. If I put in details and effort into extracting data then presenting it to you, what if you have read it before then its means a waste of time to me because its no longer adding any value to you and I don't expect you to pay for what does not add value. That's exactly why we need an umpire that we will trust to decide whether there is value in what I am sending and that would be an escrow. |
|
|
|
I looked at my web search history and I see that I searched for bitcoin back in 2013, 2016 and 2017. In every instance, I saw negative comments, especially from mainstream media and how useless bitcoin is. Most of the time apparently I went to bitcoin.com and it did not convince me to get bitcoin. I vaguely remember going to a faucet one time back in 2013 but it was full of ads and I did not get the concept back then  This happened until after I was fired from my job and saw the high increase in 2017 July, which is kinda late. I spent like 2 months to figure out how to send fiat money to a good exchange. These are the bumps on the road to the general adaptation of bitcoin. Do you have an idea on how we can make Google search bitcoin-friendly? Even now the top three search results come up with: Bitcoin rallies to hit a one-month high but experts warn of a volatile upcoming event C[Suspicious link removed]m · 23 hours ago Bitcoin's price bubble will burst under government pressure The Guardian · 18 hours ago Collapse of Bitcoin Inevitable According to Harvard Economics Professor CoinTelegraph · 5 hours ago ALL NEGATIVE! The negativity will never stop at least not in the mean time because the forces against bitcoin are those who controls the media and when you have media in your pocket, everything seems to fall in place but against them, do the whole world, you have done nothing. In the case of bitcoin, the most important is to be able to see the bright side not to be discouraged with the negativity by seeing beyond what ordinary are seeing. A lot of people like you who had the opportunity to be part of the early adopters have turned back because of news like that but at the end blamed themselves for not taking time to understand before jumping into conclusion. Its never too late in my opinion, and I feel there is nothing to lose if it didn't go as expected but everything to lose if things turn out to be the best decision ever to be made. |
|
|
|
Hey,
Jaxx did not deliver the update yet to claim BCH in the Jaxx wallet.
Could I move my pre-fork BTC from Jaxx to my Ledger Nano S stick / wallet and claim my BCH there?
Ledger supports BCH and the BCH blockchain.
Should I restore my complete wallet (BTC & ETH) with the 12 word passphrase in Ledger or should I transfer the BTC coins to the wallet?
Which way would be smarter and do you know about a better option?
Thx so much
graphys
I think I have used btc.com before and it supports coins from jaxx. All you have to do is simple. 1. Move your btc in your jaxx to a new wallet maybe Ledger Nano ensure this is confirmed by that you have zero balance on your jaxx wallet. This will ensure you still have your BTC in case something goes wrong. 2. Open an account on btc.com choosing the BCH option then go to settings. There you will see the option of importing there is where you can then enter your paraphrase and have your BCH without any troubles. |
|
|
|
you can't expect anyone to take it seriously when nothing is yet clear. they should at least release a wallet/client for it before exchanges even consider adding it and releasing statements. Not to sound pessimistic, if all these issues still remain unresolved as at this time when the intended fork is just about 10 days away, I think there is need for serious upgrading by the entire team behind this upgrade. In the case of BCH, there were already enough of this on ground as at the time. What is being discussed had been changed from what will happen to bitcoin in the case of the fork, rather discussion was centering on the issue of 'how do I claim my BCH successfully without compromising my BTC?'. With all this and even without enough coverage and discussion, we can only hope that the same faith that happened to to Bitcoin Unlimited awaits BCG at this time but to avoid it, something more timely needs to be done. |
|
|
|
|
For the mere fact that he could create something as intelligent as this that could only be cracked by a computer yet to be built despite the fact that he does not have the same himself, then I would want to go underground because of that. Satoshi create a liberation for the financial industry and this is something he did not because he wants to be listed on Fortune 500 or to get the Nobel (in which I think he deserves one if he had wanted it but because of the threat it serves against the interest that matters, he might be denied and that is another reason to hide). In the face of all this, lets all remind ourselves as we appreciates this fascinating invention, lets be mindful of the one who made it possible without claiming any fame or glory in that regard.
|
|
|
|
Hey you'll,
I'm new to bitcoin. I'd like to purchase some bitcoins anonymously.
However, below are the only ways I've been able to come up on how to purchase bitcoins anonymously.
1. Buy a gift card from someone off of craigslist. (Person 2 Person purchase) - For communication with this buyer use a through-away texting app.
2. Exchange Cash for BTC in person. (without using Facebook or a way or that person to track who you are)
Any other ideas?
There is no way out of not giving some of your details because the options are 1. If you are buying using your bank transfer, you are letting go of your privacy by making such transfer because some individuals will even tell you if account is not in your name, they won't accept. 2. If you want to buy using cash, then you have disclosed your entire privacy because you don't even know the person on the other end and because of security reasons that is equally out of it. With the options you have, you then decide which information you are willing to part with. For me, if you don't have anything to hide, then the former is still better just do it on a reputable platform. |
|
|
|
These are sad developments. Not sure what solutions there are for crypto companies such as Wirex and Cryptopay. I bet the government played a role in Visa's and MasterCard's decision to discontinue card services for crypto services.
A potential solution in distant future would be to introduce a new card system unique to crypto services. But then again no ATM will offer fiat withdrawals for such cards if, again, Visa and MasterCard puts pressure on their affiliate banks.
I'm surprised though. WageCan offers their own cards and they are not banned. The card is a MasterCard. I have it and it works nicely.
You see that's exactly the point. Even bitcoin ATMs still needs the facilities provided by the two giants in other to thrive but I feel the issue can be solved by the time they are convinced that proper KYC has been done in those other countries because offering the services to EEA countries means they still trust them over them to do proper documentation. But on the other hand I see this a opening another room for more illegality because people who wants to do the right thing with the provision of these cards would be frustrated to look for alternative means and that alternative route is not always the right one. |
|
|
|
Hi Everyone,
I just got an email from CampBX saying they are winding down operations. They make the following suggestion:
"request you to withdraw all balance from your trading account before Monday November 13th, 2017 - 3:00 PM EDT. If you have any USD, you will need to withdraw those as BTC since we no longer have a banking partner."
I have only a small amount of cash and BTC there, but am wondering if anyone else here uses CampBX and if so, what are good options to retrieve your cash and BTCs.
Cheers,
-Randy
What else do you want to know exactly they just notify you of their impending action. If I am you, the first thing is finding a way to move my funds out. Most businesses close down for separate reasons and the one by this service provider is so obvious. They no longer have banking partner which makes it difficult to do businesses and they felt the best is for them to shut down. What I see is that they are domiciled in a country that is not favorable to bitcoin so move your funds before its too late there are other service providers looking for clients. |
|
|
|
Article: https://www.coindesk.com/ex-imf-economist-kenneth-rogoff-joins-bitcoin-will-collapse-chorus/Kenneth Rogoff, Chief Economist of the IMF from 2001-2003 joined the ranks of CEO Jamie Dimon in predicting that the price of bitcoin is merely a bubble and will inevitably collapse. Rogoff, though somewhat amazed by the underlying tech of bitcoin, still thinks that due to government pressure, bitcoin would not be allowed to flourish significantly due to it being a suitable vehicle to carry out illicit activities compared to carrying briefcases full of cash. Rogoff also stated his disapproval of the current moves of Japan regarding its cryptocurrency laws.
What Dimon and Rogoff were stating is true: bitcoin is inviting tax evaders and money launderers due to its decentralized and pseudo-anonymous transactions. AML and KYC regulations should be present and followed by all exchanges, and it could be a way to prevent illicit activities from happening, but not preventing it completely. This may be the reason why China and the US are still stubborn about talks regarding bitcoin. What do you think about Rogoff's statements? Is he making a good point or is he only making things look good for the USD? Both guys will have their own words to say be relevant. On the issue of KYC, that is something that is not negotiable as we move on in this crypto currency. If you try registering on Xapo mobile wallet, you know what I am talking about. This will eventually spread to exchange sites accordingly. The China saga and how exchange site were later left to do their business, is surely because of out they agree to implement some more controls which KYC will be key. Crypto companies that provide card services have two categories and that verified and unverified if you don't verify, then there is limit to the amount you can move and that does not qualifies for money laundering. With all this in place and more, it will reduce the illicit activities to a large extent but at the same time, this vices have been present even before bitcoin and after being stopped to go through bitcoin by implementing everything, they will still find a way. |
|
|
|
|
What I noticed about his statement was that when he made the first one and there was panic in the market that led to some crash, he felt himself and knew there is something about him that people really believes but now that it seems his idea is not holding it stand rather, bitcoin is getting stronger, then he suddenly lost his voice and decide not to say anything again at the same time does not seem interested.
However, he is correct about the volume of transactions being done in a day by the banks but that shows there is a long way for bitcoin to go but that does not mean we won't get there. Its a matter of time.
|
|
|
|
I just read about this article, don't know how true though but its something of concern to me because it seems no one is talking about it and with the three months time line, a sure lot of people might lose their funds. Also, a lot of projects are coming up and they pride themselves as card providers to make you spend your bitcoin. How do they want to pull this off? However, the discontinuance of service is for citizens outside the EEA what will be the outcome of this? Will there be alternative around this since a lot of population will be shut out. https://themerkle.com/mastercard-joins-visa-in-removing-cryptocurrency-debit-card-availability-outside-of-the-eea/ |
|
|
|
|
Show Posts
