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2621  Bitcoin / Bitcoin Discussion / Re: Whats the best and safest way to convert Large Sums of Bitcoins into Dollars and on: March 07, 2020, 12:40:45 AM
It's not that hard to do on exchanges with high liquidity like Coinbase, Binance, Bitstamp, and safer than meeting with someone and waiting for them to wire money to your account while you both wait for a confirmation on the blockchain.

What large sums are you talking about? 500 thousand? 1 million dollars? 2 million? It you're talking about 100 BTC or less don't overthink it. Exchanges are used to this and you'll just dump it into a wall. If you have more than 1000 you're best trading OTC or splitting it into small parts and selling on more than 1 exchange.
2622  Bitcoin / Bitcoin Discussion / Re: Would You Rent A Car With Bitcoin? on: March 07, 2020, 12:16:33 AM
If there’s a good option like this then why not, beside this is the purpose of bitcoin and we should not just hold bitcoin, sometimes its better to use it and enjoy it. I do rent a car for some business rides before so I think I will use this feature one day if its already available in my place.

For me it's always a better idea to spend fiat and hold Bitcoin but I also see the point in spending bitcoin to increase adoption. Spending Bitcoin to raise awareness is a bit like charity work.

Allowing people to rent cars for bitcoin is a great choice because it allows people who want to travel with bitcoin to have more freedom. It also has some cons because you have to leave a deposit and this usually gets returned to you when you bring the car back undamaged so this forces the rental company to have 2 transactions for each client. Waiting for 2 transactions to confirm for each client could be a pain without lightning payments.
2623  Economy / Gambling discussion / Re: Reputation at stake will you stop gambling on: March 06, 2020, 10:53:57 PM
For mne it's easy. I gamble occasionally so it will not be difficult to stop.

If they accuse me I will be honest about it. I'm not ashamed of gambling and I've never endangered my wealkt and my family with it. It's like smoking weed. Most people did it once or twice to see how it works. It's not such a big deal if somebody accuses you of being a gambler as long as you don't lie that you've never done it.
2624  Economy / Speculation / Re: Ex-Coinbase CTO Argues Bitcoin Will Likely Hit $100,000 Using Coronavirus on: March 06, 2020, 10:41:36 PM

https://beincrypto.com/ex-coinbase-cto-argues-bitcoin-will-likely-hit-100000-using-coronavirus-spread-pattern/

Bitcoin to $100k (Based on Stochastic Model)
Angel investor, cryptocurrency trader, and former Coinbase CTO Balaji S. Srinivasan underlined this similarity between the BTC price and the spread pattern of coronavirus earlier today in a series of tweets.

Stochastic? Coronavirus?

Im wondering on what others things would be thrown out just to tagged it up with bitcoin price.Come to think that we cant even hit up on previous ATH
how much more on talking about 100k? They should be at least realistic but well as expected to these popular people on making their own words towards
price prediction does really give some buzz but doesnt deliver something new or just simply they are tending to hype for them to sell out?  Grin

Not hitting the ATH is completely normal at this point. A little more than a year ago we were in a bear market with price sitting well below 4000 dollars and some doom analysts predicting 1000. Now we are jumping between 9 and 10. Bitcoin is still recovering after that massive 80% loss of value. We won't go back to ATH just like that.

Bull aren't realistic but it's the same with bears. Do you think that 1000 dollars was a reasonable bottom? Or 3000 by Tone Vays?
2625  Bitcoin / Bitcoin Discussion / Re: Can porn sites make bitcoin more popular or will it brings negative effects? on: March 02, 2020, 11:40:00 PM
Silkroad has been the first market that accept BTC as payment, if you know that it sell all kinds of things including child pornography. Bitcoins image remains dirty for those who dont know what it use for.

It doesn't matter what is sold for Bitcoin it has nothing to do with its image. Do you think that all kinds of illegal goods are not solf for Euros, Pounds, Dollars?
Of course they are and it doesn't have any negative effect on the currency.

How can porn have a negative effect on Bitcoin? It's a big industry that makes billions off dollars every year worldwide which means the demand is enormous. Let's stop bullshitting ourselves that porn is for perverts or addicts. Such high demand doesn't come from a niche. It's mainstream.
2626  Alternate cryptocurrencies / Altcoin Discussion / Re: Which cryptocurrencies are highly undervalued these days? on: March 02, 2020, 11:31:02 PM
BTC is of course undervalued. Probably the most undervalued coin out there if you compare how many people around the world have it and use it compared to other high market cap coins. They don't even come close to BTC's adoption.

When it comes to altcoins privacy coins could use some more value. Steem and Waves have potential too. They shouldn't be so low on CMC. There's so many coins that are higher for no reason, especially scam coins like BSV.
2627  Alternate cryptocurrencies / Altcoin Discussion / Re: My thoughts about privacy coins on: March 02, 2020, 11:24:07 PM
It's not important who is selling the coins and that he is trackable because all you can track is that he used to have a privacy coin from an unknown source and then sold it. You're removing the source from the process so if you want to hide that your coins come from a casino or fom a black market trade you can do it with Monero and other similar coins.

They are not there to hide everything but they succeed in hiding some of the path your money took.
2628  Bitcoin / Press / Re: [2020-02-28] Can Bitcoin Be Seized as Self-Proclaimed BTC Creator Craig Wright C on: March 01, 2020, 10:59:12 PM
Craig is attracting more criticizm because he's lately become even more agressive and vulgar. I heard a few of his speeches and he always gets angry when asked or contradicted and quickly moves to attacking his opponents instead of their arguments. In a conversation he's like a football player who can't hit the ball so he kicks other players.

After he realized he's losing the Kleiman case he got even more controversial. Who cares?
2629  Economy / Gambling discussion / Re: Did gambling affected your personal reputation? on: March 01, 2020, 10:55:10 PM
It depends on the kind of cycle you keep and how you potray it to people. There are alot of reputable gamblers that people don't really know they gamble. But gone are the days when people use to condemn gambling , it's all about making money now so you make it any way that is convenient for you as long as you don't Rob or steal it.

They still do condemn it. It depends on the group of people you're dealing with but to many people a gambler is a weak addict and to another group he's a lazy bastard who doesn't want to work but instead relies on making money from the misfortune of others.

The world is not a nice place where people try to understand and respect one another.
2630  Bitcoin / Bitcoin Discussion / Re: Why do people compare betting and investing in bitcoin (in terms of risk)? on: March 01, 2020, 10:46:46 PM
I think mostly because it is an online investment, maybe if it was probably an offline investment on something more physical, they will have a different view towards it,
Btc is a digital currency used online, so I can understand when some people will have this perception, personally, I think some people don't take online stuff too serious or they see it as gambling.

Some people also have this attitude towards stocks and the forex market that it's not an investment but gambling. There are traditional investors who think that investing is buying a real share in a property like when you buy a share in a restaurant or a factory and you can decide what it does how it's run. That if you buy a small packet of something in the Internet it's not a real investment even if that packet represents 0.1% of a real company.

Gambling and investing were never the same and are not the same that's why we have different words for them.
2631  Bitcoin / Bitcoin Discussion / Re: Courts Will Seize BTC With Miners' Help: Self-Proclaimed Satoshi Craig Wright on: March 01, 2020, 10:40:20 PM
This is what he apparently said, though I'm not positive where it was taken from. It looks like a Slack chat room.
Yeah, it's somehow in a Slack room and can anyone really verify if that's from Faketoshi itself? Well, even if it's from him this guy clearly doesn't show any truthfulness on what he says probably it's time to ignore him in hostility. He can't even get the BTC he said he had lost.

It's Faketoshi himself. They're calling it Metanet (https://metanet.icu/) and you even have to get a paid membership in order to listen to his delusional rambling. Sounds exactly like something Satoshi would do /s.

Craig is raising money. He's going to need a few millions to start paying Kleiman, or he'll need a few millions to make the case drag on for another few years.

Or he needs a few million for his exit scam. He must know that this lie of his is not going to last forever.
2632  Economy / Economics / Re: Corona Virus is a Fake Flag to destroy China! on: March 01, 2020, 10:34:12 PM
Wow, this is the topic!
Great conspiracy theory! Interestingly, the author of this theory does not bother that in order for it to be true, the whole world should be involved in it?  Roll Eyes
Maybe it was worth starting to develop some more interesting theory - for example, that we all live in a matrix ...  Cheesy

Yes it's funny because that virus was probably developed in China and escaped from the lab.

The Chinese media are trying to make it look like it was used by the US to destroy them.

Some sources say that that it was intentionally released by the Chinese to control population because the virus doesn't kill young people and the greatest number of deaths is amongthe old generation.
2633  Bitcoin / Bitcoin Discussion / Re: Bitcoin declined 3% as the coronavirus spread in italy on: March 01, 2020, 10:25:14 PM
At first I wasn't sure that coronavirus could have a bad effect on the crypto market because it didn't have a correlation, but when this virus has spread to other countries then the influence or bad effects will be there, the virus will be very worrying if it cannot be overcome more quickly because after all there will always be adverse effects in many sectors of the economy and it should be a more serious consideration to overcome this problem.

The virus shouldn't worry you because it's nothing but a stronger flu.

Does it make sense that the virus attacks in February/March when flu often attacks every year? To me it does.

Does it make sense that although the virus was engineered and spread near a laboratory in Wuhan China and the media are not making a big deal out of it but instead try to scare people into making supplies at home and buying face masks? To me it doesn't
2634  Economy / Speculation / Re: Bitcoin needs to be in a bull market before the halving on: March 01, 2020, 10:17:09 PM
Since every previous bear market was a bit different we shouldn't try to make the bull markets match. Look at bear markets - they are getting longer every time. That last bear market took more than 2 long years and was the longest bear market in history. What makes you think that the bull market will be exactly the same?

 Is there a rule that says bitcoin has to go through these steps to grow? The future is uncertain!
2635  Economy / Speculation / Re: Comeback for "Bitcoin is crashing/will crash/ has crashed on: March 01, 2020, 10:09:01 PM
The above is just a scratch of the bitcoin will make you rich lies.

Worse part is idiots believe them,  Tongue

These are not lies because many people got rich with Bitcoin and we can expect that many still will. I'm not rich but I multiplied my investment in the last 4 years so in a way Bitcoin made me richer. Why should I keep it to myself and not tell others about this opportunity that lies before them?
If they're afraid they can always invest just a small amount of money and put it aside.

Bitcoin won't be at 8 or 9 thousand that's one thing we can all be sure of.
In 10 years it will be at 100 thousand or it will be at 100.
It's an all or nothing game.
2636  Economy / Speculation / Re: Does the Coronavirus (Covid-19) make BTC to rise? on: March 01, 2020, 10:01:16 PM
These days most news about Covid-19 and  crypto market have  nose-diving this week, most important question is crypto markets will recover or continue on a downward spiral next week


I cant really see on whats the correlation of this epidemic towards crypto market price specially with BTC.Towards my own view i dont really apply or imply these sentiments to my price analysis.
I would rather try to look on Technical analysis which is more worth to try on rather than relying on news which doesnt really give out relevant connection.Out of those TA's above
We are already on 8500 support and its either would hold up or there would be an another break down on this upcoming new week.

The only correlation is between the virus and s&p500 which took a dive because there was a fear of Chinese market s shutting down. Most of the products we use in our houses are made in China so it's a problem for big companies with production in China. Almost all electronic appliances are made there.

Bitcoin reacted to that fear as well because it's a currency. If normal stores shut down those that offer their products for Bitcoins will too.
2637  Alternate cryptocurrencies / Altcoin Discussion / Re: Shit bounties are getting attention and hype! BE AWARE! on: March 01, 2020, 09:55:05 PM
Hard time to find an honest bounty manager too. I did some bounty and wasted my time, bounty not paid! Terrible for all bounty hunters.

Of course because honest managers will reject scam offers and will not work for free. THese are 2 major factors that define shit campaigns. They want you to work for worthless tokens and offer the same tokens to their managers and the projecs look like scam.

If a project doesn't have a few thousand dollars for promotion it means they are broke, greedy, or both.
2638  Economy / Gambling discussion / Re: How to get lucky ;) on: February 29, 2020, 07:33:39 PM
It's funny that according to our OP if you believe in yourself are positive and follow your gut you will get lucky Cheesy

I dare you OP to go to a dice site with a very positive and cheerful attitude, wait until the gut tells you that it's the right date and time to do it, put it all in a single bet and roll.
If you don't get lucky, does it mean the system doesn't work?

Please make a video of your attempt, but it doesn't count unless the money is decent. Anybody can roll 0.001 BTC and win. Not all of us can do the same with 0.1 BTC Wink Positive attitude and your gut suddenly become unimportant when the risk is big.
2639  Alternate cryptocurrencies / Altcoin Discussion / Re: I am fed up with scammers and newbies. on: February 29, 2020, 05:54:41 PM
There's probably a guy named marco sitting alone in his room and making all these announcements and acting like he's the head dev, admin, social media promoter, front end programmer, he's all of it. I saw projects like that where 1 or 2 guys do it all and pose as a "team of crypto enthusiasts backed by angel investors" Cheesy

Nobody will give you anyuthing of value for free. If they're saying you can buy BTC 50% cheaper from them it's a scam. Later they'll probably say that the bitcoin was 50% cheaper compared to halving so after halving it's going to be at 17 thousand USD so now they'll sell you at 8.5 - and you got it for half the price. Wink
2640  Alternate cryptocurrencies / Altcoin Discussion / Re: Coronavirus ain't helping on: February 29, 2020, 05:27:36 PM
We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all

Noone saw it coming because it's an engineered strain that escaped from a research lab in Wuhan.

If some computer virus damages nuclear launch control and one day you'll wake up to a nuclear explosion in a nearby town it will also be unexpected Cheesy

The panic is completely fake and the media are manipulating the public to see how far they can take it. Stupid people are stacking up food and buying face masks when the mortality rate of the virus is below 2% and basically 0 if you're a young person. There's no danger!

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