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2641  Bitcoin / Bitcoin Discussion / Re: Megaupload + Bitcoins on: January 07, 2017, 12:28:06 PM
It will be shut down like the last one was, unless they setup a decentralized file storage like STORJ.

But even though the website can still be seized like the last one was, so what is the point of having a system if the website will be shut down after 10 minutes.

Copyright bullshit is getting even more violent recently, so what makes him think that he wont be shut down even faster than last time?

they can never kill filesharing, there will always be a non stop fight between DMCA(?) and and pirates around the world. and in the middle of all this fights Kim seems to be wanting to get his share of the market and earn some money to pay his lawyers fees to fight the court for the cases they have against him.
2642  Economy / Speculation / Re: The China Effect on: January 07, 2017, 12:21:24 PM

We can not do anything with bitcoin because chinese demand is too high and Once there are anything happened with bitcoin or chinese investors of bitcoins. that is very big problem because They owned biggest bitcoins in the world (90% bitcoin amount from China). I think we need another digital coin for the rest of the world.

Where did you get the source that 90% bitcoins are from China, that's an absurdly high number.

I think China has nothing with changing the price for bitcoin.

actually they have lots to do with bitcoin price but not the way that people like OP are thinking or pretending.
Chinese like many other people in many other countries have been investing in bitcoin a great deal of money because they unlike many ignorant people have realized that bitcoin is potentially great for many things first of which is profit as an investment.
and in any kind of investment let it be bitcoin, gold or stocks of a company when prices go high this fast they are bound to come down to the normal levels.
2643  Alternate cryptocurrencies / Speculation (Altcoins) / Re: zcash soon 0.2 btc! on: January 06, 2017, 05:05:48 PM
~~
i am sure that the difficulties of zec will be increase as there are many starter miners see that mining zec is an opportunity to them and they can get much of zec right now. but its depend on how much hashrate we have to get much of zec, beside that i hope that zec could be increase too.

Yes, but the higher the hashrate you want to have the higher price you should pay for the miners. Idk, I still think that to mine Bitcoins is more profitable because:

1. The price of BTC is more than 20 times higher than the price of ZEC.

2. ZEC is new and unstable, so the price of it might drop even more in the near future.



Anytime bitcoin mine still profitable. even compare with ZEC. Let say if bitcoin can guarantee his price. and everytime the  supply will be decreasing and it will make the price will increase. economy 101.
The mining phase of ZEC still a long.

I still mine the ZEC. It is profitable.

But for the time being, ETH is more profitable.

For miner who are mining ZEC are making some decent money with ZEC but the people who have invested in zec are waiting for their turn, but it will take some time to reach to at least 0.1 btc.

miners sell because they have to pay their bills and keep their operation running to make money with other things they are mining. and others are either bag-holding and hoping for a rise to get out or they are trading the ups and downs for profit. nobody is waiting for miracles.
2644  Economy / Speculation / Re: this is a bear trap and we will go to 10k on: January 06, 2017, 04:46:49 PM
I believe in bitcoin and I will buy more when it's still cheap. I believe cheap coins will be sold out soon and we will eventually go to 2k and then 10k quick moon

eventually yeah. but for now they are clinging to anything they can to push the price down.
- the spam bot of this board is at full capacity posting the same crap again and again.
- the shill known as kwukduck is active again
- the lies about China banning blah blah started up again.
- so much more FUD

in my experience when this situation is the hottest, there is a rise on the way and they are trying to fill their pockets more with cheap coins of weak hands.
2645  Bitcoin / Bitcoin Discussion / Re: What are your thoughts for Bitcoin in 2017? on: January 06, 2017, 04:34:42 PM
what i think happens is that bitcoin will continue rising slowly after the volatile market ended. this is surely temporary. and there has been lots of good media these days which i think can lead to some good things if the dump stops here.

but what i wish for bitcoin is that i hope people this year stop treating bitcoin only as an investment and start seeing the other side of things too, the bitcoin being a currency side.
2646  Bitcoin / Bitcoin Discussion / Re: Paypal is seeking Advice regarding Cryptocurrency on: January 05, 2017, 10:56:16 AM
this is not an indication of anything. they all say the same thing, they technically say "we will think about it" only because they don't want to say no right to the face of their customer and possibly make him unsatisfied and also at the same time they want to reserve the possibility to maybe do it someday and nobody can say "they said no and came around because they are desperate."
2647  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: January 05, 2017, 10:48:39 AM
Yes we can manipulate the price of bitcoin using  demand and supply which I believe is the so reason for the recent bitcoin price booming as a result of high demand for btc around the world
yeah the key is in demand and supply if you have a very large capital, surely you can control the demand and supply on the market bitcoin, so you can manipulate the price of bitcoin
I am not sure about it, although trading is just another game of changing market price
But i wondering if someone hold or buy bitcoin like half of the total of bitcoin supply
16,084,087 bitcoin total supply , let's say someone hold half of it 8 million bitcoin
And they are a pro trader , in theory they could really manipulate the price as they wish , but practically we don't know.

first of all that is only a conspiracy theory in my opinion and is not even possible to do that because to buy 8 million bitcoin you have to pay a tremendous amount of money during a very long time which means buying at various prices. and there are so much easier ways to earn profit than doing something like that!

besides if we assume it is right, then it means he will pump the price to 50,000 dollar easily and sell slowly to become a multi billionaire! and everybody wins Cheesy
2648  Economy / Speculation / Re: Huobi price difference on: January 05, 2017, 10:42:19 AM
the price of Chinese exchanges are going to always be higher and the fact that one of them has USD means the USD price will be higher also. and right now the bitcoin/CNY pair seems to be very exciting and rising for whatever reason so it is understandable that in the same place, USD value goes up at the same time too because people trading there have both CNY and USD and trade both.
2649  Bitcoin / Bitcoin Discussion / Re: Google Trends: a big rise in interest in bitcoin specially in Africa on: January 05, 2017, 10:35:05 AM
yeah even some arab countries are showing some interest in bitcoin especially the gulf countries , and this may be a great sign cause there are many millionaires there who may take this opportunity
in general these trends are due the last price , cause nothing changed in bitcoin except the price and now more online networks are covering it 

yeah, sadly this part is true. the increased interest is because of the price rise and not the fact that people suddenly found bitcoin as a good currency. i wish there was a way to find out what exactly they are searching about, the suggestions google is listing at the bottom seems to be similar searches not what those searchers were interested but it is interesting that everyone has been searching about price and investment about bitcoin.
2650  Bitcoin / Bitcoin Discussion / Re: The year of 2017 would be a golden year of bitcoin and what is your thought? on: January 05, 2017, 10:30:03 AM
the year of 2016 was fairly full of exciting news in the cryptocurrency world and We have seen many continued blockchain innovation,
the steady growth of Bitcoin and increasing global acceptance of the currency and Of course That's not all we clould see but 2017 is just beginning.
It's going to be an exciting year and yes, Bitcoin has done a surprised wonder passing over 1,100$ at the time I'm writing this thread.

Bitcoin - You,  Do not spoil our surprise. Thank you, Bitcoin.

Happy New Year - the golden year of 2017.

i'll admit that 2016 has been an exciting year for sure, with the halving right in the middle of the year and those dramas that happened because of it and then Craig Wright's scam.

and now the price rise which is too fast, so it makes it exciting and scary at the same time because fast rises are not stable. unlike the past where i was sure that each price such as $200-350-420-500-600-700-800 and even the $900 range i was sure that price is going to stay there no matter what but with the fast rise you can not be sure.
2651  Bitcoin / Bitcoin Discussion / Re: Bitcoins Investment: risk or benefit? on: January 03, 2017, 04:28:56 PM
this is an speculative matter.
when you invest in bitcoin, you are speculating about the price and like any other investment there will always be risks and rewards at the same time. you just have to learn the basics of an investment and be wise about it to make profit and not lose money.
in other words investing wisely in bitcoin will give you profit not panic investment.
2652  Economy / Services / Re: [BitBlender] Signature Campaign - Seniors and up (CFNP) on: January 03, 2017, 04:22:46 PM
Hi, I am a Hero Member now. Please update my rank whenever you got the chance. Thanks and happy new year.

great way to start new year
2653  Economy / Speculation / Re: is 2017 the new 2013? on: January 03, 2017, 04:13:45 PM
we have reached the same price as it was in 2013 but the time is a completely different time.
at least a dozen new and big services are accepting bitcoin now such as Microsoft, Valve, Dell,... these are accepting bitcoin are real currency and as payment.
and also the trade volume is huge compared to 2013.
2654  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what does $1000 bitcoin price mean for altcoins? on: January 02, 2017, 10:31:11 AM
i think what always happens, will happen this time too.
the majority of the altcoins will get dumped real hard and their price will go down a lot. but some of them like ethereum will go down a little because as we saw recently the manipulators have lots of money to put up walls as big as 1000BTC and prevent it.

and also another group like litecoin will rise with bitcoin price as they always did in the past.
2655  Economy / Speculation / Re: Why I want the BTC ATH $1149 breached and become the floor. To Kill FUD dead. :) on: January 02, 2017, 10:20:30 AM
well, the thing is that i believe these FUDs and all that crap about bitcoin is dead or dying and.... will not end for the foreseeable future. and it goes both ways the hype will never end either.

for example for the past year the price has been rising with a nice and logical pace with enough time between each price point and all that time you could see a different FUD about bitcoin falling down to $200 or someone else hyping about bitcoin going to $50,000 and both are stupid.

here is an example of such days: https://bitcointalk.org/index.php?board=57.1960

and i don't see them changing, there will always be idiots who try to spread these things with some weird hope to shift market in their own favor.
2656  Economy / Economics / Re: Should I believe in Bitcoin ? on: January 02, 2017, 10:13:42 AM
-snip-

Yes, I agree, Bitcoin is very promising. In the future it will become even more expensive and I'm very happy. Now you just need to have patience and faith in Bitcoin

I will second the motion for that because that is what I believe too. It is everybody's observation with bitcoins price movement.

As the time goes by, the price of bitcoin is getting higher and higher just like what is happening before this year ends.

This is one of the rewards that we are getting upon believing to bitcoin's success.
There might be true, that at the start of bitcoin there were not many places where you could spend it but as the time went by and people started using it more, few one have started using it as a payment method, but we are still in the beginning of it, we need it to be implemented into many vital things in our lives like supermarkets and bills.
As what I have noticed, I have only seen few businesses that adopted with bitcoin despite the price is skyrocketing. In my own analysis that is due to the reason that the volume of adopters is not already big enough to attract investors to accept bitcoin in their business, especially the big ones.

well yeah. so far mostly people are looking at bitcoin as an investment instead of a currency and i think that is not such a good thing because the community is going to become full of speculators who only care about fiat and want to make more fiat with trading bitcoin. and that prevents bitcoin from ever becoming a big deal!
2657  Economy / Speculation / Re: 1/1/2017 Say hello to $1000 on: January 02, 2017, 10:06:19 AM
There we have it, happy new year now to 2k haha
Why is it only me who feels like this $1000 is going to be short lived and BTC will drop, like it has happened in past after every rise there was a huge fall too. But nonetheless i would be happy to see BTC stay at $1000 or reach $2000  Grin (not gonna happen so soon)

it is not just you, there is always that chance also. but you have to measure all the possibilities and not only one of them and fixate on that. going higher is a possibility, also staying at this price for a long time, as is going up and down in a 50-100$ range.

but the analysis shows the rise has a higher chance of happening right now and any correction that may come because of people cashing out can only drop it to 900 range and then rise again.

p.s. what is the point of that last sentence with size of 5pt i keep seeing people do that. if you don't want to say it then don't say it Cheesy
2658  Bitcoin / Bitcoin Discussion / Re: How many long term holders are there and how many btc do they own? on: January 02, 2017, 10:01:15 AM
the questions like these will never get any answer and that is because how bitcoin is supposed to work. as an anonymous ledger that you can never tell which address(es) belongs to who and how long they plan on holding.

the only way to get your answer is to get the whole blockchain, parse it and look for oldest transactions and see if they move, and even then you can not tell if they move to someone else as selling or was it moving from one wallet to another.
2659  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Monero 2017 !!! on: January 01, 2017, 09:29:12 AM
The bitcoin price will drop to half its value (around 460 Dollars) by the summer 2017 and Monero will exceed the btc price

you are clearly a bag holder trying to dump his coins and get out from what he has gotten himself into.

bitcoin price is too strong to fall, and even if a dump happens the resistance alongside the $800 range is too string to break.

and moreno price will rise regardless of bag holders dreaming about it or not. but i am sure you will dump your coins soon before the real price and then buy back on top before the correction and then start a new topic saying the same thing. Cheesy
2660  Economy / Trading Discussion / Re: The Best Time to Become a Trader on: January 01, 2017, 09:21:06 AM
As far as I know even new are a newbie or not you/we can be a trader anytime we want actually, but of course we the other's opinion to get some tips of idea in trading exchange exchange platform so that we may not easily get a victim by the coin scammer.
That's why trading has no restriction as it's not a job where only qualified are allowed to work, in trading it's pretty simple as the requirement is only to have money to start trading, you can start then but it's good to be ready when you start so your chance of being successful is good.
But starting to invest money in any platform is best once you have tested your actions and knowledge in the demo mode, that is why when you see forex trading and others you would see they always give you a demo account opportunity to test yourself.

the problem with a demo account for testing is that you are not affecting the market whereas in real life trading every trade that you make (assuming you are not trading with $10 Cheesy) affects the market and how price moves and this is actually very noticeable in altcoin market that it has a smaller market, you can put up a wall as small as 1BTC and change the direction of 70% of the altcoins out there.
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