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2701  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Real Estate on: October 21, 2018, 02:50:44 PM
saying bitcoin is better or real estate is better is idiotic because they are not comparable.

first of all the market is not the same in all areas and not the same in all countries. in some countries and in some areas you can find real estate that is such a good investment that you can make a lot of profit from. for instance i know of an area close to where i live which grow in popularity and the real estate value has more than doubled there in less than 6 months. unfortunately i did not have any money at the time otherwise i would have invested.

secondly bitcoin is a new technology and that means two things: high profit and high risk. it is not all rises and always profits. there is also risks with that high profit and that is a risk that may not be available in many other markets. at least not as high.
2702  Economy / Speculation / Re: Bitcoin Has Hit the Bottom: Why it is Unlikely to Fall Below $6,000 on: October 20, 2018, 02:51:18 PM
In this Cryptocurrencies market everything is possible, one day prices could shoot up, and in second day price could go very low, but I don't think it'll go under $6k for now. Of course panic sellers are ruining the market right now so it may break that wall. But there is very small chance of that.

what you say is only concerning the very short term fluctuations not the overall movement. for instance it is possible to see a drop but only a drop that lasts less than an hour not a drop that can actually last!
as for panic sellers, they are almost gone. if they were really "controlling" the market now then price shouldn't have been this stable in first place!

Yes i have been involved in this volatile crypto market from long time but i have never seen this kind of stability ever in the past and i feel this should be the upselling point for the bitcoin because the pump or dump it's very less in the value. I hope this will take bitcoin to the next level.

you either haven't actually been involved in bitcoin for more than 1 year or you have never actually looked at the price before this because this stability phases are not that rare. they actually happen often in bitcoin.  the biggest one that i can remember which was also recent was the one we had in 2015 which lasted months at the bottom exactly like this before the rise began.
2703  Economy / Trading Discussion / Re: How to profit from the market, bulls or bears on: October 20, 2018, 02:31:47 PM
Whether you are a day trader or you trade once in a while, you have to align yourself with the smart money, not the dumb money, surf along side the whales,not against them, trading is war and you have to choose your  battles correctly
That is now most difficult question because of unstable market

being us-stable is the only reason why traders can make profit! otherwise if prices were stable then there would have been no profit to be made. for instance if you buy something now for $1 and a month from now that thing is still worth $1 you made no profit. but if it is unstable and reaches $2 then you can double your money.

however you should not confuse being un-stable with pump and dumps and unpredictability. being unpredictable is what nobody wants because it leads to losses. and the manipulation that we see among altcoins is one of the biggest reasons for it.
2704  Economy / Economics / Re: Philippines starting to accept and adopt cryptocurrency. on: October 20, 2018, 02:11:38 PM
In more years to come the country will be more open to blockchain technology like japan and other countries.

i believe that eventually we will see majority of countries in the world do the same thing as Japan did last year and adopt bitcoin with ease but unfortunately this may take a couple of years since there is still a lot of resistance against adoption of something decentralized.
we are on a good path though. with most advanced countries already showing positivity towards bitcoin.
2705  Economy / Economics / Re: Investor Sentiment on the Cryptocurrency market on: October 20, 2018, 02:01:44 PM
in my experience it is hard to say because this market is still pretty small and very manipulated. and that makes everything near impossible to analyze including the investor sentiment.
for example time and time again we have seen altcoins that had no reason to rise, go up a lot because someone was pumping them and that pump changed the sentiment to buy because many investors are well aware of the situation and want to join in and make the quick profit.
2706  Economy / Speculation / Re: Bitcoin Has Hit the Bottom: Why it is Unlikely to Fall Below $6,000 on: October 20, 2018, 01:53:09 PM
In this Cryptocurrencies market everything is possible, one day prices could shoot up, and in second day price could go very low, but I don't think it'll go under $6k for now. Of course panic sellers are ruining the market right now so it may break that wall. But there is very small chance of that.

what you say is only concerning the very short term fluctuations not the overall movement. for instance it is possible to see a drop but only a drop that lasts less than an hour not a drop that can actually last!
as for panic sellers, they are almost gone. if they were really "controlling" the market now then price shouldn't have been this stable in first place!
2707  Economy / Trading Discussion / Re: Most bitcoins trader are liers and bragg, Are you one of them? on: October 20, 2018, 01:29:58 PM
whoever boasts about his earning (generally speaking not only bitcoin trading related) is always lying. because you will never find someone who is advertising their financial situation to others if there is no benefit in it for them.

in case of traders, only those idiots who think if another newbie idiot falls for their nonsense and buys bitcoin they can make profit  and if they don't they will lose everything!
2708  Bitcoin / Bitcoin Discussion / Re: Do you agree with this list about the Top 10 blockchain pioneers? on: October 20, 2018, 01:22:36 PM
When I saw the title, I thought McAfee wasn't on the list. I think Satoshi will always be at the top of the list.

why would you even think about a person such as McAfee? he is more like a twitter troll who made profit from ICO scams that he promoted and the altcoins he pumped. he has not contributed anything at all to this world apart from hyping and making money from it like a parasite.

a contribution is either like Satoshi who created this whole thing or like A. Antonopoulos who has been educating people for years.
2709  Bitcoin / Bitcoin Discussion / Re: blockchain.com via Twitter: "Something "big" is coming" on: October 18, 2018, 02:59:38 PM
Maybe some kind of hardware wallet?
"Our next big thing is small."
yes... I got a feeling this has something to do with hardware wallet
that 'small' reminds me of hardware wallet which usually quite small in the size of usb
the countdown timer shows 5days 22hours... so we still have plenty time for guessing games Cheesy

would people really trust a Blockchain.com's hardware wallet?
i wouldn't trust it to be honest. they have a bad track record of nasty bugs like the one where they were using random.org for generating a random number for the internal cryptography.
2710  Bitcoin / Bitcoin Discussion / Re: $194 million dollar worth of Bitcoins is moved with a $0.1 transaction fee on: October 18, 2018, 02:44:59 PM
Transferwise implies foreign exchange which attracts fees, just as converting Bitcoin to another currency would cost a hefty amount in fees from an exchange too.

that is why we keep on insisting bitcoin is a "currency" and that is why Satoshi created bitcoin as a currency. otherwise all of this means nothing and bitcoin becomes useless if it stops being a currency!
for now it is ok that the adoption is not yet  enough for it to be widely considered as a currency but the goal should always be that. so that you can transfer bitcoin with this low fee and then the other party don't worry about "exchanging to fiat" since he already has something better than fiat which he can SPEND.
2711  Bitcoin / Bitcoin Discussion / Re: The next halving 2020 on: October 18, 2018, 02:40:05 PM
Certainly, halving helps with the increase of BTC price, but let's not forget that the technique is still moving forward and every few months on market show up new, stronger miners. We don't known what power will have processors in two years.
The less bitcoins that’s being mined, the more the value seems to go up and with the manner and speed that people are mining bitcoins it’s goong to be very scarce and we all know that the scarcity of an item, the more it’s value goes up.

it is partly coincidence because the halvings (less bitcoin being mined) happens with the constant growth of demand and it is in fact the demand that is pushing the price up not the supply (mined coin and how much of it).
in other words bitcoin is not going to be scarcer because of halving. supply is constantly growing so there is more bitcoin every 10 minutes on average!
2712  Bitcoin / Bitcoin Discussion / Re: China's Bitcoin Dominance Is Worrying Trump's White House on: October 16, 2018, 04:08:03 PM
If Trump's White House think Ripple is a better alternative, then they're even more braindead than I thought.  Please put all your eggs in that basket, idiots.  Please.  It would prove beyond all doubt that Ripple is centralised (in case that wasn't already crystal clear).
What's wrong with Ripple? I am not really familiar with them.


The biggest problem with the coin is how heavily pre-mined it is. It's a huge problem that most people don't want to talk about, especially Ripple's key holders.

https://coinmarketcap.com/currencies/ripple/


that is not the biggest problem, the biggest problem is the centralization of this coin and the full control that the Ripple labs has over everything that is happening in that cryptocurrency from the development to transactions and keys.
and this articles seems more like an advertisement for XRP rather than being a legit argument specially since it is using mostly false or exaggerated statements about bitcoin.
2713  Bitcoin / Bitcoin Discussion / Re: How can we stop Bitcoin's negative publicity?-Rebranding. on: October 16, 2018, 03:52:08 PM
no, only because you are alone in this!

since bitcoin is a decentralized system, any kind of change for bitcoin will require consensus of the majority of this system. and when it comes to things like "rebranding" bitcoin, you are the only one who thinks it is a good idea so it won't happen ever.
2714  Economy / Speculation / Re: 2014 vs 2018 on: October 14, 2018, 03:17:55 PM
Not exactly. For instance, if you exchange crypto for crypto on Hitbtc, no ID is needed. I think that KYC is mainly required if you're dealing with fiat-crypto situations.

It's starting to take over rapidly, where soon every compliant exchange will no longer allow even crypto to crypto trades without verification. Bittrex is already doing it.

maybe, but i believe as soon as these exchanges do something like that, they sign their own death warrant and make another new exchange huge.
for example you can look at the case of Bittrex and Binance. last year bittrex was one of the biggest exchanges with near #1 volume, overnight bittrex changed its rules and forced KYC. people left it for a brand new exchange at the time (Binance) and now Binance is #1.
if this trend goes on, centralized exchange of crypto-crypto will die and decentralized way will replace it.
2715  Alternate cryptocurrencies / Speculation (Altcoins) / Re: will tether collapse? on: October 14, 2018, 02:47:38 PM
despite what people think, Tether is the worst altcoin of all times with the highest risk. but 99% of the time whenever you read something about it online it is posted purely to spread FUD and nothing else. and majority of them aren't even good FUD! they are the dumb ones. and i think they are one of the reasons why Tether got this big! because they hide the real issues with their nonsense which people eventually figure out and when they do they think the real issues were just as nonsense!
2716  Bitcoin / Bitcoin Discussion / Re: Zambian Central Bank Declares Bitcoin Is Not Legal Tender on: October 14, 2018, 02:08:58 PM
people seriously need to learn how to read a news first. specially news sites like the one OP owns. then they should spread the same thing! this is turning into a very serious issue. they don't have any idea what words mean and then they start a new site and intentionally or unknowingly create nonsense!
in this case the central bank of Zambian only issued a warning. there is no illegality, and it is talking about "legal tender" which Franky explained above.
2717  Bitcoin / Bitcoin Discussion / Re: Crypto Regulation Does not take away the concept of Decentralization on: October 14, 2018, 02:04:56 PM
Like the saying goes, where there is no law, there is no sin.

This is why the crypto world has been plagued with so much frauds and scams.

i strongly disagree because of the type of majority of these scams.
for example the biggest plague is the plague of ICO scams, Ponzi schemes, and other way-too-obvious-scams that always makes you think why people would even fall for them in first place.
regulations and "law" won't change this. the problem is people themselves, their greediness combined with their idiocy creates this opportunity for scammers to rip them off!
2718  Economy / Speculation / Re: Market still stagnant! on: October 12, 2018, 04:33:45 PM
My thought with this bearish market is still the same, We can still see a stagnant atmosphere in the market of bitcoin a motionless stay at the end of this year, I say that the price is still pretty good and you can surely still earn a bit but not that much anymore, Let's be patient and wait for another bull run may occur in the future and let us just enjoy the bearish market and increasing your stock bitcoin for now.

We're still very far from getting out of this bearish sentiments. We continue to repeat the pattern all over again and again. Trading sideways->then after a couple of days/week we will see $300-$500 pump then dump and back to square one, rinse and repeat. So I'm not seeing any changes on this trend and it will continue until we have some positive news that will trigger a good break out run. So yes, patience is the key and take this opportunity to accumulate more bitcoins in you wallet, and stop complaining. (for newbies) Grin

trading sideways is also ending though. last time we had a major rise and fall seems to be a long time ago! now we are left with more stability and the rise and falls are much smaller now.
i think the "sentiment" is more of a confused and stay away sentiment with most people giving up on bitcoin which has historically been a good sign of reversal.
2719  Bitcoin / Bitcoin Discussion / Re: india's new cryptocurrency on: October 12, 2018, 04:23:01 PM
but didn't they start working on their own government backed cryptocurrency about a year ago? i remember distinctly reading that there was an Indian coin coming with their government behind it. and this was about the time the drama in India over bitcoin started and bitcoin price over there shoot up to about 40% higher than USD markets!
2720  Bitcoin / Bitcoin Discussion / Re: 25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019 on: October 12, 2018, 04:04:25 PM
25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019

A Swiss startup company aims to make the use of cryptocurrencies for online transactions simple and safe just as it is with PayPal.The company’s main accusation against crypto is that it is “a currency that is hard to …

Read more: https://www.trackcoinmarket.com/en/crypto-news/33058/25000-german-online-stores-germany-accepting-crypto-2019

Still need to use a 3rd party as a middleman. Not exactly what we were hoping. But better than nothing, 25,000 is a lot for a single country, even if it will be about small and very small merchants since I doubt a big one is going to use a 3rd party

And UTrust willl be the third party. So I thought the article was all about bitcoin that will be widely use in Germany, but I was wrong. So this is actually a good news for utrust holders since the team is continually spreading and innovating the platform.

Having a P2P payment will eat a lot of time especially when the blockchain has a heavy traffic and with it having a third party will be more easier unless merchants have a local wallet that can make zero fees and can transfer in a matter of seconds.

this article is mostly advertising that "company" there may not even be 25000 online stores to accept anything in first place either since the source website is not a known one and specially since OP is just advertising his own website to generate traffic i wouldn't take this type of news seriously.
news sites like this have a track record of "creating news".
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