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261  Other / Off-topic / Re: bitcointalk Bounty millionaires. do they exist? on: June 15, 2018, 12:32:26 PM


This forum has been a leading light for information, work, online socialising for the crypto community world. we have seen many ICOs happenning and bounties being paid out. so all this leads to curious questioning. so do we have bounty millionaires here among us ? who have made their fortune in executing bounty work and can inspire the community and wish to share their stories and tips with the community?

thanks all.
With thousands of forum members, I'm pretty sure there are millionaires among us. Probably not in US$, but if converted into some local currencies, then we'll have a pretty good number of them here. Becoming a millionaire through bounties alone will certainly take years to accomplish. So it's not an easy goal! But with with sheer will and determination, anything can happen!

Of course we have millionaires here but just due to participating in bounties?
I very much doubt that (maybe if you did bounties years ago and are a true hodler), would be awesome though.
262  Economy / Economics / Re: Visa card network crashes on: June 13, 2018, 11:53:02 AM
I think this is just some examples of failure but mostly digital currency works more secure and fast also. A person cannot manage all his money in cash he needs some digital support to store it so in the same way we can say the digital currency is very important for proper management and safety of our wealth.

More secure for what? Transactions going through and the network going down?
A decentralized system cannot roll back transactions like they can with their centralized system, something that is needed for offering refunds and combating theft.
263  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum will reach $ 15000 in this year. on: June 12, 2018, 12:31:12 PM
Topics like these show how wrong people can be, I think ethereum should count itself lucky if it can break 1000 and stay there for a good while.
264  Economy / Economics / Re: [ASK] why is the year getting rich getting richer? on: June 12, 2018, 12:03:42 PM
Welcome to the real world, where the rich get richer and the poor can go f*ck themselves. Life just isn't fair.
265  Economy / Speculation / Re: Won't people sell it ? on: June 12, 2018, 12:01:16 PM
It is obviously not the smart thing to do, selling with a loss.
But if you really need the money I can't blame you.
266  Bitcoin / Bitcoin Discussion / Re: Bitcoin failed as a currency on: June 11, 2018, 11:36:18 AM
Many people believe that in order for bitcoin to survive, there must be a massive exodus to another platform, which will be more reliable and faster. Developers have worked out a solution called hard fork, thanks to which the Bitcoin Cash crypto currency was created. However, everyone understood that she might have her own problems, so another backup plan for another hard fork called Bitcoin Gold was also created.

Bitcore has bigger blocks than both bcash and gold and was there before any other fork was. Wonder why you didn't mention bitcore?
And fyi bcash or bitcoin gold are never part of a back up plan.
267  Economy / Speculation / Re: Price manipulation on: June 11, 2018, 11:29:53 AM
I read that they are investigating criminal price manipulations over Bitcoin. Manipulation of prices is really possible ? This happened before ?

Basically, if you really have a big volume of coin you might affect the price of the coin in the market. I believe that it is not manipulation but jist a short term effect on the coin's value. Surely in no time tge price will eventually recover and continue to go on it's way. Changes might happen but no really haa the full control over it.

Agreed, someone with a big stack could just be selling and influence the market, but does not mean he is trying to manipulate the price.
268  Other / Off-topic / Re: paypal perfect money on: June 11, 2018, 11:24:01 AM
You couldn't even write "trusted exchanger"... Roll Eyes Roll Eyes
269  Alternate cryptocurrencies / Altcoin Discussion / Re: DEEX EXCHANGE PERFORMING EXIT SCAM on: June 09, 2018, 11:33:09 AM
Every week new decentralized exchanges pop up with either airdrop or ico, it doesn't surprise me in the slightest that scams like this happen.
Maybe a select group of people keep forking and setting up new exchanges.
Kudo's for blowing the whistle.
270  Alternate cryptocurrencies / Altcoin Discussion / Re: TRON (TRX) is better than ETH? You must be kidding me! on: June 09, 2018, 11:29:57 AM
They wish they were ethereum yet they don't even come close to it..funny.
271  Alternate cryptocurrencies / Altcoin Discussion / Re: What if every country has its own crypto currency on: June 08, 2018, 10:14:47 PM
Not a good thing and I'm not sure why anyone would want this, it wouldn't be any different from centralized fiat currencies.
272  Alternate cryptocurrencies / Altcoin Discussion / Re: Effect of Crypto in FIFA world cup . on: June 08, 2018, 01:34:41 PM
I doubt it will have any effect at all, why would it? People are in a good mood several times a year and I don't see the btc price affected by it.
Maybe there will be some more traffic on some crypto betting sites, but that's about it.
273  Bitcoin / Legal / Re: KYC is bullshit on: June 07, 2018, 02:18:34 PM
If you have a clear conscience, why fear KYC? There is reason why ICOs do it, and it is because of the law and the rules in their jurisdiction. As cryptocurrency are getting readily adopted by the world, be ready for regulatory measures such as KYC / AML checks.

So if you have a clear conscience and are a good person, you should have no problem handing out your private information to others?
You're implying that people who are against this or do not want to this would have something to hide.
274  Bitcoin / Development & Technical Discussion / Re: Was Satoshi's coding ability considered bad? on: June 06, 2018, 11:38:24 AM
Who cares about his/her coding style.

My personal suspicion in this area is that Satoshi was never (or not recently) a full-time programmer, but he was pretty familiar with computer science (maybe a student or academic?), and he'd read some comprehensive C++ book just before starting on Bitcoin, so he made full and correct usage of C++ features in a slightly messy way.
Agree with you. It seems that Satoshi's code was pretty sloppy. Moreover, obviously he was a Windows guy.

Readme.txt from Bitcoin 0.01 ALPHA:
Code:
Operating Systems
-----------------
Windows NT/2000/XP (and probably Vista)

Vista hasn't been tested yet.  All the libraries used are cross-platform, so
there's nothing preventing future Linux and Mac builds.

Anyway, it doesn't matter if Satoshi Nakamoto was a full-time programmer or not. Although there were some bugs, the software worked fine.

OP is not saying it matters or that it forms an issue in any way, just trying to find out more.
And if we shouldn't discuss things that don't matter we can scrap more than half of the threads on this board.  Wink
275  Economy / Economics / Re: One Firm Is Way Ahead of Wall Street on Bitcoin on: June 06, 2018, 11:15:18 AM
Quote
“We believe that this technology and this asset class is going to change some facet of financial services, and we think it is going to exist forever,” he said.

They seem to be in it for more than just the profit.

I can not decide if it is good or bad. These new trading companies makes new money flow into crypto currency but they also makes the prices stabilize.

Where is the bad in the points you are making?
276  Other / Beginners & Help / Re: Bitcoin Rewards From Mining - Still Economically Viable? on: June 06, 2018, 11:07:23 AM
The proof is really in the fact that it is still happening. Mining must still be financially viable or else people would pull the plug because otherwise they are acting irrationally (or derive benefit from continuing the bitcoin fight at their own detriment, but that is hard to quantify). Maybe for small scale home miners you are priced out of the market.

this I agree with. and about small scale home miners I have to say most of them won't go out of the mining market because as a small scale miner you don't have such a high cost and you don't need to cover those costs by selling bitcoin as a result many of them can just mine and hold bitcoin while paying their bills from pocket. something like an investment.

additionally there is always improvement in mining scene. for example Japan is now producing better mining chips which they claim is going to top Bitmain https://bitnewstoday.com/news/technology/gmo-introduces-new-mining-chip-ceo-reportedly-vows/
What may cause the lag is the time taken in the small scale miners' Asic orders and the time taken to set up their equipment. By the time they start mining, the market has already crashed. Haha.
if they really believe bitcoin they should mine bitcoin regardless the price of it i dont mind mining bitcoin while the price is dumpster if i had asic.

Well if you can afford it, we also have miners who need to sell and who need to stop their miners if btc reaches a certain price.
277  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sirius A New Smart Chain Freely Distributed on: June 06, 2018, 10:37:52 AM
it show the serious of team, they had fund for listing for months but wanted that all be perfect
my bet it will reach more 20btc volume in the first 24h
congrats Sirius Team

Wouldn't surprise me at all if it surpasses that, also depends on their airdrop method.
278  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sirius A New Smart Chain Freely Distributed on: June 04, 2018, 03:10:22 PM
we are all waiting the news about the sirius s listing by Crytopia!
the dev team ann that  Cryptopia are currently working on implementing the interface between Sirius' smart contract system and their exchange, so it will soon coming!

It make sense, Since Sirx is a fork of QTUM and its a different codebase and its a new thing for them. this is the reason for the delay.

If sirx is just a normal fork of a common algo coins the integration would be faster.

it's true Crytopia, the guys are preparing the interface for Sirx, and when this happens all in anticipation,
 everyone's head is bursting with impatience, can not cope,
breaking off the floor, the parquet cracking ... - in anticipation of a miracle ...
 and when it happens  - Sirx  will present such feelings that you will be transferred to a mythical magical country ... Cheesy


Did cryptopia confirm it as well?
279  Economy / Speculation / Re: What's wrong with Bitcoin now? on: June 03, 2018, 03:39:39 PM


the market performs its duties as a place of sale and purchase transactions. so, what happens when the decline is commonplace is common. I guess depending on you can find a gap of any setbacks. and look no sooner then the green market returns.

Just have patience, with all the institutional money coming in, a strong base is being build. Only patient people can reap the benefits.
280  Bitcoin / Bitcoin Discussion / Re: Face up to reality: The game is over on: June 03, 2018, 03:14:15 PM
-snip-

It is very skeptical and dull analysis. Yes, many people came out from bitcoin especially when the price fell sharply from $ 19,000, but this does not mean that bitcoin died. I do not agree with you that there is nothing to do in the crypto. Remember 4 years ago, when bitcoin cost $ 25. Everyone said it was a pyramid and it would soon burst. As you see not burst ))))

Clearly the author has no idea of the most basic law in Economics which is the law of supply and demand. It was pretty much obvious that the ATH the previous year was due to the fact that a lot of investors entered the market in hope of riding the trend. Eventually, people began selling out due to the price surge leading to a dip and then a market correction. I agree with your statement, his analysis is very far-fetch from what is exactly happening. Bitcoin's not dead.

I somehow get the feeling that a lot of these threads are created to get under people's skin and to troll and fud.  Roll Eyes
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