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2661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2017, 06:27:18 AM
Ok I get it. Last year all of the banks and governments were like...hmm, blockchain's not bad (quick, create a blockchain to compete with Bitcoin).

This year their IT folks finally came back and told them...umm, blockchains are decentralized. You already have a centralized blockchain...it's called a database.

And so...Bitcoin and blockchain are evil again.

Elwar you are forgetting the latest magic stuff in this field: Distributed Ledger Technologies or DLT.  Grin
I simply think that we came back to where we started: banksters thought "blockchain" R&D could have dodged fuel from Bitcoin but they haven't understood that Bitcoin is one of a kind. They can't stop it and now they are so afraid.
It seems all so 2014 for me: bans, warnings etc.
I don't care, I hold onto my keys
2662  Bitcoin / Press / [2017-09-13] Bankers’ mistrust of bitcoin is still the greatest argument for it on: September 13, 2017, 06:20:29 AM
Earlier on Tuesday, at different conferences around New York, JPMorgan Chase chief executive Jamie Dimon took aim at bitcoin, calling the cryptocurrency “a fraud” and “worse than tulip bulbs.”
This skepticism by one of Wall Street’s titans, and its reflection in many offices and hallways in top financial services companies, is perhaps one of the strongest cases for bitcoin’s lasting importance.
Let’s be clear, Dimon’s firm is one of the chief architects of the global financial crisis that led to the interest in a somewhat arcane cryptocurrency in the first place. There would be no bitcoin without Jamie Dimon — and in some ways he’s right to fear its rise.

More @ https://techcrunch.com/2017/09/12/bankers-mistrust-of-bitcoin-is-still-the-greatest-argument-for-it/
2663  Economy / Gambling / Re: SafeDICE.com ★ Bitcoin Dice ★ Monero ★ 0.5% Edge ★ Fast Cashout ★ Since 2014 on: September 12, 2017, 06:33:06 PM
It's a bit annoying having to withdraw BCH in batches. I had to make several withdrawal requests to withdraw 80% of my coins. I don't get why it needs to be like this. Users should be allowed to withdraw what is technically possible with the hot wallet and this does not mean placing three different withdrawals guessing the maximum amount that is allowed.

Edit: after several attempts (in two days) I did it.
2664  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 12, 2017, 06:11:21 PM
Only 802 People Paid Taxes on Bitcoin Profits, IRS Says

https://cointelegraph.com/news/only-802-people-paid-taxes-on-bitcoin-profits-irs-says

 Roll Eyes

Those are all the Coinbase, Gemini and Coindesk employees  Grin
Good then, the majority of Bitcoin users in the US do not file tax report on Bitcoin. Why should they right now? 802 is a very small number considering how many people use bitcoin. Now I get why they want users' data from exchanges.
And for this reason we need good DEX soon.
2665  Economy / Service Discussion / Re: Nexchange.io Developers trying insult to respected Members pls stop it. on: September 12, 2017, 05:55:34 PM
Apparently you joined this forum to vomit accusations against other users. Please post proof regarding your statement otherwise you'll not be heard by the forum community. I think you applied for Nexchange signature campaign and got your application rejected. Now you opened a new forum account to spam about it.
Come on kid, wake up
2666  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: September 12, 2017, 04:51:26 PM
I agree that there's no need to spend time upgrading the distribution for Segwit addresses at the moment. BTC linking should be already over to enhance a better byteball distribution among current byteball holders.
The Bitcoin linking has been a great start for this project but as of now there's no need for it anymore.

I mean, come on, hear people only complain about what has been a FREE airdrop.

Go find ICOs around if you wish  Wink
2667  Bitcoin / Press / Re: [2017-09-11]'Revolutionary': Finland Central Bank Paper Heaps Praise on Bitcoin on: September 12, 2017, 09:30:51 AM
It took a while but eventually some important institutions are understanding the real beauty of the bitcoin project. I think an increasing number of institutions are on the same page as the Fin Central Bank: simply they can’t admit it. It’s hard for them to get how Bitcoin keeps functioning 24hrs a day, 7 days a week without major problems
2668  Economy / Service Discussion / Re: How to make serious money by investing into Proof-of-stake – PoS and masternodes on: September 12, 2017, 06:42:28 AM
I got many DMD around 35K satoshis: I sold them for other reasons and stopped staking. Also forgot about DMD back then. Coming back to this topic and looking at the chart I'm seeing the opportunity I missed.
I will watch the chart and follow DMD development to see whether it'll be good to come on board once more or not.
2669  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: September 12, 2017, 06:35:43 AM
Noobish question but how does the exchange bot work? Say I want to buy some gbyte with bitcoin. How do i 'deposit' my bitcoin into the bot? I'm not used to decentralised exchanges and would like to understand more

Well I took the plunge and put an order using the exchange bot (byte-BTC). I'd like to know a bit more about the inner workings, if anyone can provide a link or something would appreciate.  In any case, to use is quite simple you put in a buy order and then it gives you a bitcoin address to fund. I assume it is trustworthy? Once that receives two confirmations your order is added to the book. I'm not sure why there is a limit of 0.2 BTC ? Sometimes might be nice to go higher than that. There doesn't appear to be much volume or liquidity to speak of but hopefully that might improve in time.

In general I think bytecoin could do with being available on a few bigger exchanges, are there any plans in that regard?

You probably meant Byteball Grin
There's no rush to go on bigger exchanges IMHO, once we get there (maybe when the distribution phase is over) this project might establish on the top 10 for good. By all means it's better to get there with all coins distributed so that the market can start playing the game.
However, so far it seems to me that in terms of APPS/BOT/AI byteball is way before the competition.
2670  Bitcoin / Press / [2017-09-11] Criminals Thought Bitcoin Was the Perfect Hiding Place... on: September 12, 2017, 06:31:21 AM
A notice to people using Bitcoin for illicit purposes: you can run, but it’s getting a lot harder to hide. Law enforcement officials are using Bitcoin’s public ledger, called the blockchain, to follow the digital money and track down suspected criminals using it.

As the most popular cryptocurrency, Bitcoin has helped fuel the rise of ransomware attacks—extortion schemes, like the recent WannaCry cyberattack, in which hackers hold the contents of a victim’s computer hostage until they get paid. Criminals can use Bitcoin to collect ransoms easily and without having to reveal their identities. The currency has also been associated with online drug sales, money laundering, and sex trafficking.

Read more @ https://www.technologyreview.com/s/608763/criminals-thought-bitcoin-was-the-perfect-hiding-place-they-thought-wrong/
2671  Economy / Service Announcements / Re: Nexchange.io launches with a full API and free trading during September on: September 11, 2017, 06:35:00 PM
It looks like a good exchange. As you already mentioned the competition is tough (shapeshift and changelly) but if you start offering a good and reliable service you should acquire more than 1% of the market share.
Anyway, for the time being, before trying it, I would suggest you add byteball to your platform.
 Wink
Good luck
2672  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: September 11, 2017, 03:22:48 PM
Price moving again. Hopefully to its way up.
Got all my GBB and used them for the first time. They are pretty cool
2673  Economy / Services / Re: Nexchange.io Signature Campaign - Up To 0.05 BTC Per User Per Week! - Text Only! on: September 11, 2017, 03:20:11 PM
Please review my application. I will go for a primary signature + avatar if enrolled

Username: Karartma1
Rank: Legendary
Starting post count: 3180
Profile link: https://bitcointalk.org/index.php?action=profile;u=223006
BTC address: 1FgrdnNVYdX8P5Chr68sruDgmfmcYgx8mV

Thanks!

K.
2674  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: September 09, 2017, 07:48:20 AM
Price will go up again: so many copycat coins have a bigger market cap compared to byteball.
In the end only the best projects will prevail (and survive). Byteball is one of them IMHO
2675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2017, 07:45:46 AM
It's seems like China banned bitcoin, again.
I bought more.
and still hold
2676  Economy / Gambling / Re: SafeDICE.com ★ Bitcoin Dice ★ Monero ★ 0.5% Edge ★ Fast Cashout ★ Since 2014 on: September 08, 2017, 06:45:56 AM
I still cannot login. It's say This site can’t be reached safedice.com refused to connect.

Can you fix please? Smiley

Site is back up. Login works as well as the dice game.
Let's hope SD fixed the latest issues for good.
I see the house edge on BCH is 0.9%
Was this planned as a "safe" start? Will you lower it to your distinguishing house edge 0.5%?

SD can you give an answer on that question please? thx

There was a DDOS attack on the site last weekend, but it was stopped very quickly. The site has been running fine ever since then =)

Yes that's what I replied.
Anyway, why ahve you quoted my post without asking the HE question? Smiley
I'm still waiting for an answer from SD
2677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 08, 2017, 06:27:04 AM
In other news

A Tokyo-listed company is spending over $300 million to get into bitcoin mining
https://qz.com/1071926/japans-gmo-internet-group-plans-a-300-million-investment-in-bitcoin-mining/

Quote
GMO plans to develop its own mining chips, claiming they will operate at an unprecedented degree of efficiency. If GMO successfully introduces the chips, it would trigger an arms race within the bitcoin mining industry. The proposed chips will use 7 nanometer nodes, which would be four times more energy efficient than the current industry standard 16 nm nodes.

bold claims given that Intel can't even deliver 10nm

https://semiaccurate.com/2017/09/06/intel-foundry-customer-bails/

we really need mining ASICs to become commodity items, re-democratizing mining

Not so bold if you start with $300 million and given these claims you'll receive another double. Wink
2678  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: September 08, 2017, 06:22:04 AM
Byteball price after the airdrop is hovering around 0.071
People will buy in again?
2679  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: September 07, 2017, 05:53:19 PM
Got my shares of GBYTE and GBBYTE! Looking forward to November. I don't think we will see this price again  Wink

Thanks tonych and everybody who's contributing here
2680  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 07, 2017, 05:45:13 PM
Someone is hemorrhaging a lot of bitcoin to make that happen. Depending on the will and the depth of their pockets it is certainly possible there will be another attempt to push BCH to 0.2 but it would be very expensive.

Why assume it's a couple of sinister puppeteers when it's just as much your bog standard alt pumpers?

It's probably both. But the price charts of BCH/BTC look to me like someone is controlling the price.

Compare for example the BCH/BTC chart at Bitmain's exchange ViaBTC against any coin the floats freely against BTC like Litecoin or ETH. Notice the lack of variability in the BCH/BTC charts especially the lack of spikes down compared to the number of brief recurring spikes up.
https://www.viabtc.com/quot/realtime?currency=btc&dest=bcc&chart=simple

Given the volumes involved if the price is being supported it would take big pockets to do so. There are a couple of folks on record with the ideological and financial interests to do something like that.

Just my 2 cents on the market I have no definitive proof.

I think your two cents are damn right. Wink

@all the BTCgold lovers : can someone please explain why it is going to be free money? I see the magic word ICO on their forum
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