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2761  Economy / Speculation / Re: Bitcoin Price Nears $6,800 Resistance as Crypto Market Records Large Gains on: September 29, 2018, 02:29:27 PM
The rest of the crypto market recorded large gains across the board as Electroneum and Stellar led the market with 70 percent and 20 percent gains respectively.

this market of altcoins has had pump and dump with frequency so that is very afraid to buy and whenever the person intends to buy must do research, because can take the risk of buying while the price had a big increase, something like 80 % and then the altcoin drop a lot and never recover. What surprises me the most is that most of the time the increases are only caused because dev says it will partner with institution X, but it does not say exact date and details.

one of the biggest damages that the altcoin pump and dumps of last year did  was that it gave a lot of the newcomers false sense of being-experienced because literary they could close their eyes throw a stone that hit an altcoin, buy it and make profit. then many of them though they can make profit in this market but this year showed them another reality which was the dump.
which is why i believe we see a lot of newbies telling others "have patience"!
2762  Bitcoin / Wallet software / Re: Samourai wallet drops fiat equivalent balances. Bold step or gimmick? on: September 29, 2018, 01:43:18 PM
i am curious to know whether anyone is currently even using Samurai wallet? i have heard the name many times, mostly because of SegWit but apart from that i have never heard anyone saying they use this wallet. for example if you check out the alternative clients board in the past 10 pages (i  didn't check more than 10) which is about 1 year there is only one topic!

I downloaded it out of curiosity and occasionally use it. It's not my fave but seems OK. It seems to have much more of a presence on Reddit than here for some reason.

I think in general they're more interested in hyping themselves and their 'edgy' viewpoint than making something that your dog could use.

yeah, that is also my conclusion.
in fact that is why i never bothered to check them out despite the fact that i have tried almost all the bitcoin wallets that have ever existed! they advertise a lot but it is mostly hot air.
2763  Bitcoin / Bitcoin Discussion / Re: Google's new updates ban cryptocurrency mining apps on Play Store on: September 29, 2018, 01:31:44 PM
....But don't worry there are still crypto mining websites that are 100% safe to use.

no there aren't. any mining website or commonly known as the cloud miners are a terrible things to use because they are either scams since they run a ponzi scheme to make money or they eventually are forced to turn into a ponzi scheme when they fail to make profit and have to sell hashrate they don't have.
2764  Bitcoin / Bitcoin Discussion / Re: A big movement by a Big exchange in INDIA on: September 29, 2018, 12:55:42 PM
i don't get why you call this a "big move" by t his particular exchange.
ZebPay was a fiat to bitcoin exchange where people could go dump their Indian Rupee for bitcoin and ever since the banks closed their accounts they were screwed because their money was blocked, they couldn't make more money and they had to pay their users back too.
closing their business which can't work for now is a logical move not a big one! which should have happened a long time ago.
2765  Bitcoin / Wallet software / Re: Samourai wallet drops fiat equivalent balances. Bold step or gimmick? on: September 29, 2018, 12:49:04 PM
i am curious to know whether anyone is currently even using Samurai wallet? i have heard the name many times, mostly because of SegWit but apart from that i have never heard anyone saying they use this wallet. for example if you check out the alternative clients board in the past 10 pages (i  didn't check more than 10) which is about 1 year there is only one topic!
2766  Bitcoin / Bitcoin Discussion / Re: how governments can regulate digital currencies? on: September 29, 2018, 12:42:32 PM
In order to regulate digital currencies in relations to cryptocurrencies, the government must and should be the majority holders of all cryptocurrencies. With this, they can control the amount of a particular coin circulating. They can determine the market price of the coin at a particular time and period. IF the government can achieve this, they can regulate the crypto market and world.

you don't regulate things by having a stake in them! it is like saying for the government to regulate companies like Apple, Microsoft, Google, Dell,... they have to own majority of the shares of these companies to control them! which is obviously not the case. 
in a society when the law maker makes a new law the law enforcement enforces it. they don't need stakes to enforce it. and cryptocurrencies and their regulation doesn't have to be any different than regulating a company.
2767  Economy / Economics / Re: DOES IT MATTER WHO SELLS OR HODLS? on: September 27, 2018, 01:16:08 PM
it will be a slow process and during that process as long as majority of those who are holding bitcoin are aware of why bitcoin was created in first place and as long as they are willing to spend bitcoin instead of just holding and selling at higher prices to make profit, then everything will be fine and it won't matter who is holding and who is selling. because our goal is to have a censorship resistance system so you can't force people to only go in one direction.
2768  Economy / Speculation / Re: The occurrence of bitcoin price movements from year to year on: September 27, 2018, 01:01:35 PM
i think an overall chart plus a chart for a longer time than 1 year would have been better to show the trends that bitcoin usually follow because the cycles are a bit longer than 1 year sometimes and also the 2013-2014 case has been an exception that only happened once this past 10 years of bitcoins history.

in any case the long term is what you should always look at and 1 year charts are still a pretty good thing to see. it didn't have to be a whole year of down market after the $20k bubble but so far we have had 9 months of it because almost everyone believed that is how it should be!
2769  Economy / Speculation / Re: btc's next moves on: September 27, 2018, 12:45:28 PM
these ups and downs to $6800 and $6100 that you mentioned are NOT really ups and downs so you can't really call it a "next move". it is not even a resistance there to break or not break. these are daily fluctuations. and we will continue seeing this for a while without it having any significant meaning other than signalling an accumulation phase.
2770  Bitcoin / Bitcoin Discussion / Re: An open letter to the community, from the developers of Breadwallet on: September 27, 2018, 12:23:16 PM
LN is a separate network. like ripple
bitcoin had to change to be LN compatible

now that's just absurd.
LN is not completely a separate network. it is a network strongly connected to bitcoin network. and calling it "like ripple" is just dumb. on Ripple network everything is centralized. even if it looks any other way. you holding private keys to Ripple addresses means nothing since they can spend your coins if they wanted to like they did once before. but you holding your bitcoin private keys and using LN means you are in control.

as for "change", LN could have been built on top of bitcoin that was before easily but the problem was the malleability that made it insecure and that much harder to use LN in a safe way.

1. LN is not bitcoin.. OTHER COINS WILL USE IT. thats the true reason for it. its a multicoin network.
they are just screaming the bitcoin brand to garner support and financial backing to pay the devs to get it. its like saying a phone case is Apple yet its design fits samsung and other brand too.. they just want to tag themselves to bitcoin.
i guess yo missed the chatter about litecoin and other coins using it..

2 it is its own network a separate network the word network is literally spelled out in its name to emphasize it.
it has no blockchain. and its not a service purely for bitcoin. its purpos is not to give you 100% control it uses multisigs. multisigs is multiple parties co-managing funds and ending each others permission(signature)

3. new opcodes being added to LN actually re introduce malleability
and before you deny that. the LN devs are fully aware of it and admit it themselves. they even want to rename the opcode to make it obvious thats its risky to use

i am getting so astonished that so many talk about something but have yet to actually research it beyond some reddit glossy leaflet style promotional script

1&2. LN is not bitcoin but a network that is build on top of bitcoin and relies on bitcoin and the blockchain of it. the fact that other altcoins use it doesn't make it any less true.
it uses multisig but you still are in full control of your funds. you can take it out anytime you wanted to. that "permission" that you need to get your bitcoin's out is granted to you when you open the channel and when the balance changes like after spending or receiving funds and you can use the already signed transaction to "cash out" or make the on-chain transaction closing the channel and taking your money out.

3. i don't know about it to deny or admit Smiley

i am not visiting reddit by the way...
2771  Bitcoin / Bitcoin Discussion / Re: Google lifts Crypto-Currency Add Ban! on: September 27, 2018, 12:05:18 PM
From the article:
Quote
Google's original restrictions, which it announced in March and rolled out in June, were intended to protect consumers and included initial coin offerings (ICOs), wallets and trading advice, which are still not allowed.

Why would they not allow wallets to advertise themselves on Google? I can definitely understand a total ban on ICOs, but I don't quite understand the ban on wallets.
Sure, there are probably a number of malicious wallets, but that's the case for any software.

I'm also curious wether they allow other crypto related services to advertise? ICOs, wallets and trading advice aren't the one crypto-related services on offer.

why would a wallet want to spend money advertising itself? do you see Bitcoin Core, Electrum, Armory, Multi Bit, GreenAddress, Bitaddress.org, ... advertise on google?!!! that doesn't even make sense.

so advertising a wallet has an incentive in it. they are either some custodial service like coinbase that need advertising (which means they are not a wallet) or they are scammers trying to spread some malware and earn money that way.
2772  Bitcoin / Bitcoin Discussion / Re: An open letter to the community, from the developers of Breadwallet on: September 27, 2018, 11:54:07 AM
LN is a separate network. like ripple
bitcoin had to change to be LN compatible

now that's just absurd.
LN is not completely a separate network. it is a network strongly connected to bitcoin network. and calling it "like ripple" is just dumb. on Ripple network everything is centralized. even if it looks any other way. you holding private keys to Ripple addresses means nothing since they can spend your coins if they wanted to like they did once before. but you holding your bitcoin private keys and using LN means you are in control.

as for "change", LN could have been built on top of bitcoin that was before easily but the problem was the malleability that made it insecure and that much harder to use LN in a safe way.
2773  Economy / Speculation / Re: BTC Value on: September 25, 2018, 05:54:12 PM
...
Fast forward to 2018 where crypto exchanges are adding "fiat to alt coin" deposit/withdrawals options instead of solely bitcoin to fiat (crptsy?, BTC-E?). What if when altcoins dump (along side bitcoin), sellers take the cash out of the crypto market in its entirety and don’t go back into Bitcoin as they did in 2014. In the past the alts acted like “out of the money” support for bitcoin price and capital would flow back into bitcoin after a dip. This created capital not leaving the crypto ecosystem but now it easily can because of more exchanges enabling alt coin to fiat withdrawals. This could prolong the bear market of bitcoin to potentially be even worse than the 2014-2016 bear market. Everyone expects this bear market not to be as bad as the last one, but is anyone considering the scenario where this bear market could be longer?

the altcoin market has matured a lot compared to 2014 and altcoins are so much better now than before but even with all that they still remain pretty terrible coins and are still considered as the child market which is used to fuel the pockets of the whales who want an easy coin to pump and dump.

regarding fiat to altcoin markets, there are none that is being used. however there are lots of stable-altcoin to altcoin markets such as USDT which is NOT fiat. and so far it has been used for the purpose of escaping the dumps whenever bitcoin price is going down. which means the same story as always is still going on.

in the past or the present or the near future altcoins have acted as a way for traders to make more money. otherwise the volume of BTC/ALT wouldn't have been the highest volume compared to volume of ALT/ALT or as you want ALT/FIAT. for example ETH which is the biggest coin based on hype and pumps has a ration of 0.14 when you compare its total volume in ETH/BTC markets and ETH/USD, EUR, CNY, JPY GBP

in short if bitcoin's bear market starts up again you can kiss altcoins good bye as they will continue dropping so much harder. you can see the examples of it today and every other day for the pat 9 years. today: bitcoin -3%, most altcoins like ETH: >-10%
2774  Bitcoin / Bitcoin Discussion / Re: EXPECTATION Vs. REALITY Bitcoin in the Eyes of the People! on: September 25, 2018, 05:28:35 PM
well at some point people started advertising bitcoin as "to the moon", "HODL", and stuff like that and then price went up too fast and too big like it usually does so we ended up with a large number of people who were only interested in making profit (when to buy and when to sell).
i don't think it is necessarily a bad thing. people who started like that can eventually see the real potential of bitcoin as the decentralized currency and see the other side of the coin to.
2775  Alternate cryptocurrencies / Altcoin Discussion / Re: Google now understand the importance of crypto. on: September 25, 2018, 05:06:42 PM
nobody said Google doesn't understand the importance of crypto! but the thing is, the advertisements that were using google ads were 90% or maybe more scams. they were either scam ICOs trying to rip off newbies while getting a bigger audience using google ads or they were phishing links to fake wallets and malwares trying to invest cryptocurrency users.... so the ban was not really a bad thing in first place.
and in my opinion this strict policy about advertisements on their platform is also justified.
2776  Other / Beginners & Help / Re: using real money to buy Bitcoin on: September 25, 2018, 04:58:23 PM
in today's modern world if you don't use banks and other forms of electronic money, your life is going to be a nightmare specially when you want to make big purchases like buying a car for example! which is why i find it highly unbelievable that there exists someone who doesn't use any of them unless we are talking about a homeless person or some conspiracy theory crazy guy who lives in a van with a tinfoil hat Cheesy
2777  Bitcoin / Bitcoin Discussion / Re: Don't Ask "Time To Buy" "HOLD or SELL" "Right time to entry" on: September 25, 2018, 04:52:38 PM
you can't expect everyone to be a born expert when they enter the market. there will always be different people from all ages (adolescent teenagers to elderly) with different range of experience and expertise. sometimes they are also lazy and want someone to take their hands and give them all the answers with them not moving a finger. that is not exactly something you can blame.
2778  Bitcoin / Bitcoin Discussion / Re: Using cryptocurrency as payment method in sports is key to mass adoption on: September 18, 2018, 03:02:55 PM
Yes to my well able hero comment,but at least ,most countries international sports are sponsored by their government's,so them getting to know about Crypto currency, can make them create their own digital currency,and possibly legalized Crypto,being it,its the only or a major means of participation

my point was that it can not be the "key to mass adoption" as your title suggests.
additionally i don't think countries creating their own cryptocurrency is going to change much about adoption of a decentralized currency like bitcoin or even legalization of it. it can go both ways. they can create their own coin while letting bitcoin grow or they can ban bitcoin while advertising their own coin as the only cryptocurrency people are allowed to use.
2779  Bitcoin / Bitcoin Discussion / Re: Crypto Bloodbath: Bitcoin and Ethereum Record Losses in $10 Billion Wipeout on: September 18, 2018, 02:56:56 PM
LOL. today was just another altcion pump and dump which took place with a dump and pump instead. nothing to see here really and it definitely is not something you open up a topic about in bitcoin board.
for example some whales have been dumping ethereum, letting it come back up then dumping again some more. all the while pumping XRP up.
2780  Bitcoin / Bitcoin Discussion / Re: Using cryptocurrency as payment method in sports is key to mass adoption on: September 18, 2018, 02:02:07 PM
i wouldn't call it key because although what you are saying is going to be great if it happens but it is still going to target a very small group of people whoa are actually buying tickets. how many people can actually go to an stadium and watch the matches anyways?

interestingly enough we will see this in action during the 2020 Olympics which is held  in Japan.
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