Bitcoin's stability is not something we are close to even with recent happenings, the news coming from China just give a dash on the hope of many believing gradually bitcoin is getting independence from some factors as it has done in the past even during the August 1 saga and the time USA came with their own laws. Stability as I look at it will be a long thing to achieve because recoverability will need to be achieved at this time before thinking about stability at all.
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What the hack is this? It is 100% copied from here : https://bitcointalk.org/index.php?topic=2152760.0Are you here just for fun or what? It seems suspiciously that you create a new topic immediately after that post was closed. What is happening? Its obvious its the same person using the different account to propagate his message. I think what he is trying to do in which he made the mistake so that his other account wont be flagged and even the obvious error in the earlier posts, is to use this new account to buy the posts, then make it on the older account which was even not of good posts and gappy history.
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So far I do not understand how they managed to get rid of the money laundering accusations and how they got back to operating so fast. this looks more like a "secret deal". like in American movies: when the FBI and CIA need to find many criminals they make deals with the small criminals to get them to the big criminals. such as when someone goes fishing and uses the small fish on the hook to serve as bait to catch the big fish. I do not want to scare people, but this is strange. I dont think its in anyone's place to understand how they are getting back so fast as what matter most is the fact that they are paying even after a lot of doubt has been cast on this ever happening even myself. The next is to know how that will happen and what will the customers give in return to the have access to their funds. Several things I see happening as a result of this: 1. A further reduction in the price of bitcoin because of the glut that would be happening and 2. A surge in mixing activities due to the untrustworthy nature of the coin coming out from BTC-e because of the anonymity can no longer be guaranteed.
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What we all try to ignore is the world most celebrated bubble in recent times is the stock crash of 2008/2009 that gave birth to bitcoin whatever anybody wishes to say, he is entitled to his opinion and its because of the current situation that these is happening. When bitcoin is increasing then we get to see either quote from CNN or Forbes or even another popular personality. Robert Shiller has made his position known and its being noted accordingly and for the fact that he was right yesterday does not mean he will always be right.
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This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.
I felt the same way too and this has equally given an opportunity for them to expolit because the moment China makes this law and the crypto world felt the maximum impact, it shows they have the control of crypto and I am sure we are to see more of it in the coming days whether from China or another of their kind. I am still optimistic that maybe this is the correction we are all waiting for, for everybody to go back to the drawing board and understand what this is really all about and we can move forward from there.
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Everyone that is currently "investing" in BTC and other cryptos are the "crash test dummies" of the future.
Most major banks and many large/wealthy governments are coming up with their own cryptocurrencies.
Why have these entities not released them yet? Because they are watching, waiting, and learning from all of the mistakes that other cryptos are making.
High fees.
Slow transactions.
Volatility.
Insecurity of wallets and exchanges.
Public distrust.
Reactions to media attention.
Criminality/money laundering.
Backed by fiat currency.
Lack of patent.
And on and on.
I've been reading this forum for days and I don't see this big picture addressed except in rare cases. Almost everyone making predictions truly believes that BTC will be around for 50-100 years let alone 2-3. Every day that goes by is just one more day that forces and entities with far bigger market caps than $100 billion are learning from all of the mistakes and problems plaguing the existing paradigm.
If one is to make a wise investment, they need to be aware of how quickly these markets can change...and literally overnight. I don't expect much from the fanatics other than irrational reasons why my train of thought is flawed, but I do hope I see some of those individuals that are usually silent come out of the woodwork to offer solutions. In other words, BTC can only survive if its community takes a mostly pragmatic point of view. Otherwise it is doomed to be raped and discarded in a way that will leave most reliving their failure to act like that will leave permanent emotional scars like that of PTSD.
You have made a nice observation but at the same time if government comes with their own currency has you have proposed, it then mean that they have equally seen an opportunity in the crypto currency and have equally know that the future is about digitalisation and at the same time know that its either they fall in into that future or wish out. Dont also forget that if they come up with their own crypto currency then that will bring out their hypocrisy after they had claimed severally that crypto is a ponzi scheme and alot of people will see beyond that cover up of theirs.
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He is so angry and called bitcoin everything and yet he posted his bitcoin and ETH address at the end. Wow! I guess he still want to have some of it or be part of it. You lost a lot that is why you will think like that. You might have been right with some of the points but not everything. I am happy some of the users here have their own opinion not just going with the flow.
I thought I was the who saw that part but I am glad you pointed it out for someone who stood against something and still believe in it is double standard if you ask me. I will the refrain from attacking the messenger rather than the message and that's what it has been sum up to in that let's assume they are all wrong I mean the early adopters does that also mean the whole of Chinese crypto community are wrong? Or the Chinese or the Japanese among other countries down to multinationals that have indicated their interest in bitcoin over the years?.
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Cryptocurrency is representing a dream...a dream when we can get away from the control, power and influence of the government most especially with finance and economy. This includes minimizing the control of central banking on matter on matters of policies and economic direction.
However, correct me if I am wrong, the battle has not yet started and it looks we the many Bitcoin or crypto enthusiasts are on the losing side. We have just witnessed how a single pronouncement or a news can drastically affect the value of the Bitcoin market.
Now, what would happen if many of the big governments would one day declare Bitcoin to be illegal? Will it mean that realistically it is the government who is winning in this battle? Or is there really a battle in the first place?
Tell me your convictions and dreams regarding Bitcoin.
That's exactly what I have shared when someone people were commenting that government cannot stop bitcoin or shut down the internet without knowing that they don't even need to go that far but just a single policy might shake the market but now we see but at the same time, if bitcoin price does not respond the news I will be worried it shows bitcoin is still growing and no infallible.
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Admit or not, we are all speculators here. And it is just a logical thing to do...why would you invest your money and time if you think that it would not grow or it would just remain the same? All of those people criticizing Bitcoin because of its speculative nature are people who are actually afraid to jump into the water and get wet.
We who are brave enough to jump and get wet in the process are the people who will get benefited when Bitcoin can soon land in the moon...it is just a matter of holding into it and never get tempted to cash-out.
Speculating is not at all a bad thing as to be honest this is one of the many factors why we have people getting into Bitcoin. Will this speculation lead to that dread bubble as shown by other historic bubble collapse in the past? Only time can tell but I do believe that Bitcoin is different...comparing it into tulips seems like a bad idea and doing injustice to Satoshi Nakamoto.
But then again...am sure there are those who believe that speculating is a bad thing for Bitcoin...so give me your reasons why you think so...
There is nothing wrong in being a speculator from my own point of view because whether we like it or not we are all speculators as you have rightly pointed out but the difference is that some people are open about it, some others keep quiet about it but deep down within they share the same thought of those who bring it out in the open. But what will take it further is when we make effort to achieve the objective rather than expression of opinions that doesn't move things.
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The way you have taken it means is kind of unique and if you can live by it from what I have read, it wont be long before you make a name for yourself and also learn from others that have designed nice signatures SFR10 comes to mind. Also, try to be trustworthy and deliver on your word and you will see people looking beyond your lower rank position to trust you. I wish you good luck although the compensation might not be flowing in now, but hold forth and be committed it will definitely.
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is there a site that provides for the mine? what sites are not scam
You just need to ask yourself is it even possible that it won't be a scam? Even the ones that you have to buy eventually turns scam while the ones that don't, the charges will eat into to your earnings that to even get back your returns will mean you have to exercise serious patience that could run into years not to talk of free ones. If you are interested in cloud mining Viet the ones that have names and put your money there rather than waiting for one that would even waste your time and not give you anything.
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Sorry to say but we can't read and explore the pages of your website.Do you have a plan to release it in english version also or you have particularly made it for chinese? In order to invite more visitors worldwide,you must change it. I would be happy to know about your update on it. Also i would like to direct you to start a signature campaign for your ico.
I was even trying to understand what Op was trying to pass across but was kind of looking like a Google translation which just pick words together and more need to be done to carry the community along which means a further I indepth translation of the pages on the site so people like me will understand and then contribute to what is really going on
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I tried your "web tool" since that's what you call it. It may have done a double spend but i fail to see how i now have 'double" the bitcoins. What I did...
1. Sent 0.001 BTC to duckdice (since it's on your FAQ). 2. It let me bet my 0.001 before confirmation (hopes are high at this point) 3. Bet lost (big surprise...who heard of that casino...might be a scam casino) 4. Sent second transaction back to me; it confirmed in 10 mins
So now I have doubled my money? No, I have the same bitcoins I began with, minus 0.0001 BTC that your "tool" charges, and minus my transaction fee too.
Hardly feel rich now.
For you to even patronise the service means that you must have believed that there is a way to double your coins but in the real sense, there is nothing like that but just a way to rob people. The only means of doubling your money is either to work harder, or take more risks or even buy more. Other than that, there is no other means of doubling your investments that does not point to scams.
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I definitely wouldn't want to look suspicious. This might come of as a turnoff for innocent people wanting to use mixers. Because only a criminal would want some privacy. I get what you mean. But what I was trying to say is that non-criminals would probably stay away from mixers because of the fear of being suspicious to the feds or whatever government entity. Anyway, maybe I'm just overly paranoid and overthinking stuff . Non criminals staying away based on your position will give credence to the misconception that mixing services is meant for criminals alone but that will be wrong even if I not been a criminal but value my privacy uses mixing services even if feds comes after me, they would probably do some investigation into my activities before coming at me and if they found nothing incriminating will they still go ahead and also I have not read anywhere that its illegal to send my coins to a mixing service.
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Just days ago, predictions and projections were pointing to the possibility that Bitcoin can be able to clobbered the $5,000 mark and it did happen. But what followed was a big correction due to massive sell-off (profit-taking is the possible reason here which is nothing alarming actually) and so we are now back almost at the $4,500 - $4,600 range.
However, since Bitcoin had already broken the $5,000 wall, it would be now easier for it to do it again this time. We just don't know when can that be...will it be tomorrow, next week or just within the month of September?
I really dont know how I missed the point of achieving the $5k mark and it would be something I would be happy about to have seen it happen in my own very eyes but all hope is not lost because I know for it to be achieved means its very much possible. It has been broken before, it can be broken again and dont let us loose hope as we can get there again. Lets keep it going people.
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I have seen many ways to earn bitcoin, and still not familiar with some of it. I am a student and I wanna ask how to invest in bitcoin, and if students like me are capable of doing that already?
Please share your thoughts. Thanks.
Well it is depend on your capital you know, in bitcoin if you have big capital or huge capital you will be profiting in this type of saving, but if your money is just a couple of dollars you can just save your money in the wallets and wait to increase its value. Keeping few dollars in the wallet and waiting for it will mean waiting till eternity which might not even worth the waiting period considering the issue of inflation that would have happened by the time the value increases. The other option is to try trading as this will only happen only few times in a day and with the right coins invested in, you are sure to increase the little amount regularly till it becomes something worthwhile.
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But can i ask you a questio? How do you know they dump at the top price? How do you know it is the top ? Maybe it downs for a day they comeback double on the day after?
Well, who dumps normally set a target price, once they get it, they start to sell That means going by your definition, then all of us are dumpers because a lot of people who own some amount of bitcoin then hold to achieve a point in price then sell while some people will decide to get greedy and hold further until they reach another objective before selling and then wait for it to crash, so they can buy again and that's is exactly the castigations against the money bags without considering the little part we all play in all this.
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Is it enough to be smart with just nothing to lean on and go on with your life? Because i feel that there are a lot of people who doesn't know how to handle their money with regards to see in the future. Is it enough to be smart and not be strategical or somewhat a person who has a lot of experience. Who would you choose?
For me it is required to be a master of both things like of course you can not have experience if you are not going to try and some people would think it's a waste of their time if they are doing what they know already like repeating their work over and over again. So it should be in a balance.
I would also agree that its a combination of both being smart and strategic because the determination of being smart to be is a function of being strategic on some specific things among the importance which include financial freedom and source of this is different and several people manage it differently the moment they are able to keep it together, then they are good at it.
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But XAPO is a web wallet and it is not recommended to use it for storing bitcoins for long term, just be caution because anytime they can block your account if they found any suspicious problem.
I am not sure you took time to really understand what Op is trying to pass across he never intended to keep money there for a very long time as that is his salary which he was converting then sell and I also don't know why Xapo will block someone who is making money for them because what he is doing so far is not illegal. I will say if you are comfortable with the services Xapo is offering stick to it rather than looking for other means then fall prey of scammers.
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If it does, even though it was close but took a retreat in the last few days, what I see happening is several thread asking the same questions all over again but this time, would probably be about when it will reach $6000 or even $10000 other than that nothing out of the ordinary will be happening.
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