Bitcoin Forum
June 03, 2024, 11:38:46 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 [131] 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 ... 214 »
2601  Economy / Services / Re: Get your account rank increased!! on: October 13, 2017, 07:36:20 PM
Hello!!
I am a writer and also i type forum posts!!
If you have the forum account just kept, then i can increase the rank of your account by making constructive posts from them and even the profit from the campaign will be shared!!
Thanks & regards!!

Your services is one of those reasons why there are still several concerns about signature campaigns around here till this time and you are bold to even make a thread about it is what its surprising to me. A look at the meta section of the forum will give you an idea about how the menace of what you are offering needs to be cut of but instead of contributing your quota in making the forum better, you are bent on damaging it the more and rubbing it on the faces of those who are here trying to make the cryptospace a better world.

I hope when the arm of the mod gets you, you don't still populate the thread more about the discussion of such punishment.
2602  Economy / Speculation / Re: Next 5 year for Bitcoin on: October 13, 2017, 06:22:38 PM
The next five years is going to be a great one for bitcoin and I want to look back at this post and see some of my predictions coming true if not all. Several things  I envisaged happening and would be

1. Bitcoin is nit going anywhere and for the fact that it has survived this long is an indication for that.

2. Regulation is going to be strong in other to sanitize the system but 5 years after they wont still get it right because its bitcoin.

3. A lot of technological advancement would happen such that we might have access to our bitcoin without the internet, although this impossible but its practicable. etc.
2603  Economy / Service Announcements / Re: Shop On Aliexpress & Banggood.com using Bitcoin - Shopawl.com on: October 13, 2017, 02:47:02 PM
What happens if the order is not received?

If you ordered directly from AliExpress your order is bound to deliver but if it doesn't then you can open a dispute which will be settled and your fund refunded that's is if you are doing it yourself but can also be done by the third party like the Shopawl if they have the time.

But its best if you do it yourself as you cab monitor the events of things but if you are skeptical, there are some virtual card services which is reliant on either visa or MasterCard with that you can load with your bitcoin then use it to order from AliExpress or you go through the route of converting to Payoneer then use the card on AliExpress. Either way be conscious of the fees of doing all this to know which one is the best.

Just thinking about some orders from Alliexpress. I am little scared there is just one post for last 6 months and this one is negative more or less. Anyone has positive experience with shopawl in last weeks?

2604  Economy / Economics / Re: BTC Price Pumps and Forks on: October 13, 2017, 01:05:32 PM
As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

The "they" is who I am still trying who it could be but its possible its you and  I. The increase in price in my own opinion, cannot still be unconnected to the upcoming fork which is very simple. After the previous fork, we all learnt that above all, bitcoin still survives which means I need to be more prepared for the upcoming fork by ensuring that I have enough bitcoin saved up before that day in other to get the equivalent after the fork after that turn it into more bitcoin which is more money for me just by holding.

This is applicable to a lot of people across the globe and that makes the supply of bitcoin limited to the demand for it. Applying the basis terms of economics, the price is bound to spike. After the fork, I gain what I want, then we can sell, that explains why the price will drop slightly after that.
2605  Bitcoin / Legal / Re: Countries with weak economies can use cryptocurrency instead the dollars. on: October 13, 2017, 09:55:29 AM
Countries with weak economies and unstable currencies can use not the dollars but the crypto currency as a reserve unit. With such a statement made at a conference on the 20th anniversary of the independence of the Bank of England, the managing director of the International Monetary Fund (IMF) Christine Lagarde.

What do you think? Is it possible?

The same people who said bitcoin was bad are suggesting that if be used by weak economies after these same countries have always followed their model of having a robust economy then ended up where they are today and to still being rubbed on their faces that they are weak economies.

What I see here is the IMF coming out to push countries beyond their capacity no country should be forced to take that route to development every country should be allowed to develop at its own pace without anyone pushing it and that's exactly what I am seeing the IMF is currently doing.
2606  Bitcoin / Legal / Re: Russia will regulate cryptourrencies on: October 13, 2017, 08:36:51 AM
After a meeting last Tuesday among Russian President Vladimir Putin with the Central Bank of Russia, he said that the Central Bank should avoid making hasty 'ban' decisions about digital currencies.

He also said that the government will work together with Vitalik Buterin and the Ethereum platform to improve the government's system.

Now, authorities say that bitcoin and other digital currencies will be legally regulated from exchange to mining.

"We have agreed on the following: the state should regulate the process of issuing cryptocurrencies, the process of mining, the process of circulation…The state should head this situation and regulate it legally." -Anton Siluanov, Finance Minister of Russia.

See here: https://news.bitcoin.com/putin-confirms-russia-regulate-cryptocurrencies

This will be the direction of every country in the world by the time they understand the truth about bitcoin and crypto currency that not everyone engaged in it is using it for either money laundering or fraudulent activities but its the next phase of what the future financial system is going to be and the people are wanting to be part of that future. The option left for government is to ensure that the rules of the game is not subverted and doing that means there is need for regulations.
2607  Economy / Economics / Re: Why Big Banks are so Nervous About Bitcoin ? Why ? on: October 13, 2017, 05:28:54 AM
All those periods that bitcoin was not on the radar, the banks knew about it but because of their over confidence, they believe "its one of those thing that would soon outlived its popularity" and this was their mistake because if they had acted then maybe their oligarchy would not be as this threatened but unfortunately for them, that cannot be undone.

When I saw top executives of banks like the issue of Jamie, who made a statement, it shows that they are feeling the heat that their existence for the next century is very much in threat couple with another statement credit to the IMF President among other notable personalities in the financial world.

The way out I see for banks is to find a way to key into the technology of the future as the only option outside that is time fazing out gradually.
2608  Economy / Economics / Re: it is possible fiat currency will crashed? on: October 12, 2017, 09:26:18 PM
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

There is truly no way to test that fiat has crashed and its because it the support it gets from the arm of government saddled with such responsibility which is the Central Bank but at the same time, looking it intuitively by doing some historical analysis what was needed to buy a car say 10 years ago in an amount of dollars, to get that same car, one would probably need more amount and that to me is dollar crashing but because its government and its antiques, they interpret it as inflation and even to ahead to explain to us that such time of inflation is good for the country.

In other words, fiat has been crashing, what is left is for people to see in that light.
2609  Bitcoin / Bitcoin Discussion / Re: Why do thousands of investors hold bitcoin on troubled days? on: October 12, 2017, 05:36:00 PM
Bitcoin has a huge demand among thousands of investors who dream of a non-cash future, and now they are investing in digital currency, not traditional means.
The first crypto currency has already turned early investors into millionaires, and tries to do everything possible, if only the many thousands of people radically changed their views on traditional markets and investments in general. Although those who use and support bitcoin still make up a smaller percentage of the world's population, in the millennial generation of investors, the number of young people who turn away from traditional financial empires is growing. If this trend continues, it could mean an absolute collapse of the banking system, as it continues to adhere to outdated algorithms. Until now, there is some way, until even the most seasoned investors are completely free of traditional banking and monetary institutions, but today they can already control their future in terms of investments. Since it is easier for them to manage their own savings plan by investing and reinvesting new technologies. Although they continue to deduct a certain percentage of the usual pension fund, and their accounts still have to be paid through a bank account, but investments in crypto-currencies have become for them a central part of savings.

A lot of investors who hold forth are the ones that we should be thankful for because they are the ones who held the market till what we have now. Imagine that they all dump as some new entrants are dumping, the word bitcoin wouldn't have worth much in today's world. Even though some people are quick to label them people who are greedy or want to make massive profit but I would disagree because a lot of them got bitcoin at a very cheap price and even if they all bolt at the point where price was touching $1000, they would have made a fortune out of the whole scenario.

Being an investor and a believer does not mean you have to own thousands but the resolution not to give in to challenges and fake news and the likes in the path to achieving greatness via bitcoin.
2610  Economy / Economics / Re: What is the exact transaction fee today? on: October 12, 2017, 03:38:55 PM
Although there is no justification as to why your transaction still remain unconfirmed at this time even with increasing the price as you have rightly said  which will eventually do based on the suggestion offered above. I feel the price varies at this time and it large due to time of initiating the transaction because of the experience I have some days back when I tried carrying out a transaction. I tried it in the afternoon, and the minimum transaction was too much on my part but when I make the same effort early morning the following day, the transaction fee was reduced to a large extent and even confirmed within reasonable time.

Hi  just today morning,i sent 0.036 BTC from my electrum wallet to my local bitcoin wallet to sell it.Electrum wallet showed a fee of 0.0003 BTC.But i adjusted it and set 0.0005 BTC as transaction fee and sent.It has been already 8 hours i have been waiting for transaction to be confirmed.First,it showed 81 hours remaining then 8 hours remaining,then again 80 hours remaining,then again 6 hours remaining.This same message is running from the morning.I'm tired of waiting for the confirmation.Do any body know,exactly what fee should be set for bitcoin so that we could get our transaction confirmed soon.I thought after segwit activation,every thing went back to normal.Hope,i could get my bitcoins tonight.
2611  Economy / Economics / Re: Organizers of Bitcoin will Cooperate and Refund if wallet account would hacked? on: October 12, 2017, 02:47:43 PM
My Question is: is it  possible that organizers of Bitcoin will Cooperate and Refund in case of our Wallet Account with bitcoin and Fiat money would be hacked by hacker? for the sake of all people to continues using Bitcoin and also for the people does not not have and wanting to use bitcoin. is it possible the organizers will make their own policy to make the people comfortable

How will it work exactly?  Even in the fiat world, with all the regulations and the likes, the moment your account is hacked and money stolen, the refund is not even going to be possible because its part of the terms and condition you unwillingly entered into when you are opening the account. The bank will not be responsible for the loss of funds whether on their own part or others but because of the public fall out from there, they tend to ensure that their security is top notch but that does not mean there have not been some isolated cases where the customer had to bear the pain on their own.

In the case of bitcoin, so far its not the wallet provider that is hacked, you will have to be on your own and only the site is responsible in the case the site its the one hacked. Wallet providers dont have associations and each service providers is responsible for its own security.
2612  Economy / Economics / Re: DON'T DO PANIC SELLING !!! on: October 12, 2017, 12:22:42 PM
Hey everyone Smiley

finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...



There will only be market when there is someone dumping and someone on the other side mopping it up by buying it. Buying and selling is what makes up the market in which without that there wont be any increase in price to begin with. More so the way bitcoin is, its a decentralised one where everyone is free to decide what he or she wants without force or command from anybody. If we all listen to your advice we will all be negating the founding principle surrounding bitcoin.

Anyone can sell when he /she is comfortable with the price level whether its $5000 or $2500 dollars. Dont just come and create a thread about how you would have waited, or your regrets about bitcoin, the biggest mistake in bitcoin etc.
2613  Economy / Speculation / Re: Should I expect BTC dump before another fork? on: October 12, 2017, 11:12:23 AM
Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?

Don,t expect a dump to happen before the fork because of a key fact which is the uncertainty that surrounds the fork and to a large extent, this has been cleared via the last experience we had on the BCH fork. At the end of the day, we get to realise that its really not that bad as its being proclaimed. At that point I was equally perturbed but was resolute not to take any decision. This has been cleared now and I feel its the same thing for those who dumped then.

Post the fork is something one should be concerned about because in that even if there is a slight drop from the price but there will be a massive increment eventually.
2614  Economy / Economics / Re: Abu Dhabi Issues Cryptocurrency and ICO Regulations on: October 11, 2017, 08:45:27 PM
I can conveniently conclude that this is a soft landing for either bitcoin or ICOs because everything being stated in the article shows a government that its body language means it wants crypto-currency and ready to the part of the future but would not do that as on a platter of gold  by giving it free hand to operate which we all know will be abused by some morally deficient individuals.

Registering with the board will actually mean a lot and bring confidence into the system in the sense that before they would be granted the licence to go and raise fund, they cannot afford to fail because a lot of people will be relying on that licence to put their money into. This will equally go a long way in increasing the the confidence of people in crypto-currency.
2615  Economy / Speculation / Re: A great day for Bitcoin on: October 11, 2017, 06:26:05 PM
I'm not going to repeat everything I just typed in another post, but I do want to draw attention to that post by creating a thread dedicated to the idea.  I posted my thoughts in the thread titled:  "10,000 by 2018" or something like that.  A lot of promising news surfacing today for cryptocurrency as a whole, and for Bitcoin above all else.  If you're one of the people that feel like you've missed the boat already, so you're not investing in it, I get the feeling you will regret it and within the next 2 years be thinking to yourself that $4500 for 1 Bitcoin would be a wet dream if you had it to do over.  The best thing since the 39 cent cheeseburgers at McDonalds.

Okay... much better than that actually.

A great day indeed and something everyone who not want it to stop but unfortunately, it does not happen that way as everyday cannot be so rosy as we have it today. However, this is something that has been foresaw by a lot of people who despite not knowing the future believes that the downturn witnessed will only be temporal.

To those who sold, all I can say, is start counting your losses but no matter how, a lot of people will still fall into the same mistake if something should happen tomorrow. But I feel the reason for the high price is partly due to the upcoming fork that people want to get as much as possible of the version to make excess money and after the dust settles, a slight drop in price.
2616  Economy / Speculation / Re: The Price of Bitcoin Will Collaspe ....UMMM on: October 11, 2017, 01:29:14 PM
I can see a crash coming. Just look back at Bitcoin's history, there's cycles of booms and busts. Seeing it bottom out in low to mid 2000s is not outside realm of possibility...

I really dont understand the reason for this conclusion because to the best of my knowledge what is being witnessed now is still recovery to the point where the price was able to reach and this has been happening for couple of weeks still the peak point has not been reached. Price has crashed even to below $4000s but this time, I am optimistic the recovery will be constant at above $4500 but after the fork, we can then see a full blown price because a lot of people who are hoarding to get higher amount of equivalent coin will have more money to buy more.

I understand the fear but I dont see price crashing back to the 2000s.
2617  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency poses serious risks - Vladimir Putin on: October 11, 2017, 10:21:19 AM
First, read this Coindesk article, https://www.coindesk.com/vladimir-putin-cryptocurrency-poses-serious-risks/

Then, answer this question. It poses a risk for who? Us, the ordinary people, or them the government, the banks and the establishment?

Comments like that make their thoughts known that they want to stop cryptocurrencies because it can ruin their business. They will use reasonings like "to protect the consumer" or "to prevent fraud".

Sorry, but the community is doing fine, thanks. We do not need your "protection".



Having read the article, I was not surprised that the same reason every world leaders have against bitcoin has been on money laundering in which we all know that is a cover for them to really say the truth about their grouse against bitcoin which is purely about freedom that bitcoin sets to establish. This they know if its allowed will end up making their powers over the people futile even without carrying arms and staging  protest.

He has voiced his opinion, and I disagree with him on that, what they should be more focused on is finding ways to stop money laundering rather than going about with this cheap blackmail that is not moving things.
2618  Bitcoin / Bitcoin Discussion / Re: Why is Africa Slow on the Bitcoin Uptake? on: October 11, 2017, 07:50:24 AM
There are masses of potential for Bitcoin in Africa. It’s a monetary system for the unbanked, it’s trustless and far less corruptible, and it can create a new monetary system where there’s no long legacy of banking and financials.

However, across the continent, in different countries, the uptake has been surprisingly slow. From South Africa and Nigeria, as the biggest players in Bitcoin, to smaller nations like Tanzania who are seeing big growth, but with small numbers.

https://cointelegraph.com/news/why-is-africa-slow-on-the-bitcoin-uptake

Africa is not slow intellectually but the facility to make that available is what is discouraging. Bitcoin will thrive in an environment where some basic things are put in place is reliant on the availability of the internet, technological infrastructure, stable electricity and above all technological education and a drastic change in the archaic believe. If you put all this together, you will realize that a lot of African population are still wallowing in all this while the part of government to make facilities available is nothing to write home about.

However, that does not mean progress is not being made but the development will be a gradual one and dont expect them to be pushed beyond what their capacity can carry.
2619  Bitcoin / Bitcoin Discussion / Re: Bitcons are just empty numbers on the internet without any value or legal power on: October 11, 2017, 06:26:22 AM
On reading some of the arguments put forward by Op he fail to understand that the fiat that he is supporting is just as a result of force in which bitcoin is against. Today if I want to buy and someone refused my money, it's an offence against the state because that is the legal tender so they are forced to accept even if they dont want and that is the only reason why fiat is ahead of bitcoin if we are all allowed that freedom, I am sure a lot of multinational who are skeptical about bitcoin, would have accepted it even before a lot of us.
2620  Economy / Economics / Re: Can we totally eliminate all the banks in this world? on: October 11, 2017, 05:45:53 AM
What is the future of cryptocurrencies when all the government need to do is to close the bank accounts of businesses or exchange?

https://www.coindesk.com/bitcoin-businesses-face-bank-account-closures-in-singapore/

Closing down exchange sites banks accounts will definitely mean something and slow things down, but would not still stop the spread of bitcoin because of the cross fires in between and also the cost involved in such.

If the exchange site corporate account is closed, its just to use individual account and inform all my clients to further pay into that account without any notification that it directed towards bitcoin and related issues. Since government cannot still go ahead and stop banks from attending to the needs of individual.

Another is that banks most times comply to rules that affects the majority in that the moment one is close to a top official in the bank, the rule becomes secondary.
Pages: « 1 ... 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 [131] 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 ... 214 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!