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321  Economy / Economics / Re: Diversifying? on: December 01, 2017, 01:15:25 PM
That's perfectly normal, and although I think holding bitcoin is important, because we are still in the beginning. Lets nor forget that a store of value is meant to be used in some occasions, and buying a flat is a perfect motive to withdraw some bitcoins and do just that. I think that you should try to replace your bitcoins as soon as possible, so you don't lose to much value in case they keep rising. But buying a house is a good investment since it can also gain value over time, and then you can sell it later or rent it. Plus having a house is also a necessity for life.
322  Alternate cryptocurrencies / Altcoin Discussion / Re: What are most stable alt coins in 2018 on: December 01, 2017, 01:09:35 PM
As per my views and experience i can comment as

Litecoin
Ethereum
Dash


These coins always keep their position , so how about yours

I see Dash in your list, and although I agree with it, I wouldn't say that that dash always keeps it's position, since it's something that just showed up. I think it will hold as a top alt in 2018, but it doesn't have the "history" of LTC and Ethererum. I would add ripple to the list, since it's quite stable as well, for a very long time, and let's not forget IOTA, that is now having support from Microsoft, that has been interested in the micro-payments for a long time, and might use IOTA to finally achieve that.
323  Bitcoin / Bitcoin Discussion / Re: Would you believe Bitcoin is unstoppable? on: December 01, 2017, 01:04:48 PM
Nothing will last forever that's one thing I am sure of even with the highest technology bitcoin cannot stand to remain in the market forever but the good thing about that is that bitcoin will surely dominate the crypto currency world for a long period of time given the fact that it continue bringing so much value appreciation and the demand increases throughout the world, if it's not forever surely a decade or two bitcoin will remain strong.

You are right, nothing lasts forever but one thing is sure bitcoin on worst case scenario started a movement and showed us, that there are finally alternatives for banks dominance over cash. This "revolution" or should I say "evolution" that is probably a much more appropriated term for what is happening, will change the finance world for good, either in the next years we will continue to have bitcoin, or a different version of it.

For me, seeing bitcoin as an evolution, is one of the reasons why I think it will be unstoppable. You simply can't ban evolution, it's something that happens and affects everything.
324  Alternate cryptocurrencies / Altcoin Discussion / Re: IOTA - buy some more? on: November 28, 2017, 11:25:49 PM
Hi guys,
When I found IOTA I was totally enthusiastic and of course I bought some coins;) I think it will be great investment because IoT in future, but I wanna know your opinion. Do you expect that the price will go higher and why? And should I buy some more?

DAG's look promising since they seem to have the answer for the problems that blockchain coins are suffering, like speed, scalability issues and fees, and why not mention sustainability, since we have seen a lot of debates talking about the amount of electricity needed to mine bitcoin. There are at least two well know coins that use DAG. IOTA is one of them, but the first one to be created was Byteball if I'm not mistaken. IOTA has the advantage of having no fees at all, when compared to Byteball, and is also way better ranked in coinmarketcap, so it probably gets a lot more attention, but I'm not very confidant on their dev team right now. They really messed up when they attempted to create their own hash function, and I don't think that will be easily forgotten.

I like both coins, and DAGs look promising like I said, but they still need to be put to test. The thing with DAGs is that their transactions are only faster if they are frequent, so without real adoption it's potencial is reduced. Maybe this is why they are having a hard start, and are not yet very popular.

As for buying some more, why not. It's an investment that might give you good return if they do well, but don't overdo it , because like I said DAGs are still not very popular and without adoption they won't work well.
325  Bitcoin / Bitcoin Discussion / Re: Governments attempt to destroy crypto on: November 28, 2017, 10:51:00 PM
It all depends on the kind of community bitcoin has. Bitcoin has reached $10.000 and is hitting headlines on all finance media. It's not just YouTubers that talk about bitcoin, or specialized news sites like Coindesk or Cointelegraph, we have CNBC, we have Forbes, we have Financial Times, etc. This causes FOMO (fear of missing out), and a lot of shaky hands will now get into bitcoin. If the majority of the bitcoin community is build with panic buyers, then of course we can see panic sells. I love adoption, and I'm glad people are getting into bitcoin, but I hope they understand what bitcoin is. Otherwise what you said could be true, and it doesn't need to be governments doing it. Anyone who is rich, can try to influence the market and cause panic sells.

Of course that if our community is strong, and well informed, then that cannot happen. They buy and we appreciate, they sell and we just keep holding and don't really care, because we know the potencial of bitcoin, and we still want to use it.
326  Alternate cryptocurrencies / Altcoin Discussion / Re: TOP ICOs with a well working product on: November 27, 2017, 11:18:22 PM
From your list I only know Pundi X, and I really like that project and I also think it would be a good ICO with a very strong product and I'm keeping an eye on that sale. I will take a look to the other projects listed on your thread since I don't know them, but I would recommend you to check out the Bountie project (it's on my sig).

It's the first project, at least that I'm aware of, that will try to create a platform for e-sports games, where you will be able to compete for cash (winning their token), just like poker tournaments. We all know how competitive e-sports are (CS, LoL, Dota, etc), since professional players win hundreds of dollars in cash prizes, but the rest of the common mortals like us, that enjoy playing those games for fun, can't really try to play them for profit as well.

With this platform it will be quite easy to do jsut that. They will even have a matchmaking algorithm that will keep games fair and competitive. I think this will be quite big, so I consider this a good ICO with a well working project, and I think they should be on your list.

Check their website and see it for yourself. There are millions of players for these type of games, I'm sure they wouldn't mind to participate in cash tournaments like the Pros do.
327  Bitcoin / Bitcoin Discussion / Re: Which is the best wallet to store bitcoin. on: November 27, 2017, 10:52:58 PM

Regardless of what you choose try to stay away from Coinbase.
Coinbase is just too steep with the fees. Try to avoid that because it gets in the way with trying to exchange crypto into fiat.

Why do you say this? When it comes to exchanges they really look like one of the most secure to me. Poloniex looks decent to, and if you have problems with fees at coinbase, you could always try to use Gdax. It belongs to coinbase as well, but at least you can trade your coins to fiat, so you can't really complain about fees here, because it's all about the price you manage to get. Also, they only charge 15cent or something like that for a bank withdrawal, and right now I think it's hard to compete with that.

Anyway as for ways to secure your bitcoins, and although I like coinbase, I would recommend you to keep your coins at a hard wallet (trezor or ledger), or at least in desktop wallet like electrum. For me these are the most secure options for holding, since they are reliable and you have your private keys, and that does not happen on an exchange.
328  Bitcoin / Bitcoin Discussion / Re: It's 1994 In Cryptocurrency on: November 27, 2017, 08:03:33 PM
This a really good article in my opinion, that addresses the real difficulties and problems bitcoin will have to overcome, and stays away from the "this is a bubble" perspective. Bitcoin has a lot of potencial and is real innovative but it is still in it's early adoptions process. It's no longer restricted to tech people, and it's not coming to investors that need to decide if they should go for it or not. Bitcoin has real use cases, but it needs adoption for fulfill its potencial. For adoption to happen it needs to get really simple for everyone to use. That will take a while, and only time will tell if bitcoin got open to the institutional investors to soon.

I think that everything will work just fine. Let's not forget that internet is widely spread now, so it's easy for a new technology to get mass adoption once it is released. Bitcoin is not ready to be released to the masses yet, but with time and good development it will.
329  Economy / Economics / Re: Cryptocurrency as the Imperial End-game on: November 27, 2017, 07:44:37 PM
Cryptocurrencies won't contribute to the reconstruction, rather they will further degrade the global economy. Why?

If we substitute the concept of state's money to people's money, government or banks will no longer be the biggest player in economic construction as cryptocurrencies are already distributed among group of people.

The current holders will become new ultra-rich and non-holders will become poor. As a result, economy will crack drastically.

Man this is a speculation even bigger than the speculation among the crypto markets!
First crypto currencies will never replace fiat, so the rich (banks) are not really threaten by crypto. This will only force them to adjust their fees and taxes, because a decent alternative to payments and investments is emerging and they have to adapt. Also don't forget that the marketcap of all crypto, and not just bitcoin is at 300B, and the marketcap of fiat is on the trillion figure, so no, the rich are not getting poor. Also if bitcoin was going to replace the fiat system, and that is something that will never happen of course, the rich could still by more bitcoin than anyone else, so they would still be richer.

Nothing is about to change on that perspective. A new asset was born, and that only made those who first got into it richer, and nothing else. That is perfectly normal, and every time someone creates something new and innovative that gets very popular, that person will get richer.
Steve Jobs got rich, Bill Gates got rich, Mark Zuckerberg got rich, everyone involved in google got rich, and so on.

Economy will not crack because of bitcoin.
330  Economy / Trading Discussion / Re: Which is more profitable trading exchange or mining and why?? on: November 27, 2017, 07:25:08 PM
It's not that easy, and it all depends on your skills as a trader. If you are a miner you don't really require any skills to read market or anything like that. You just need to invest and let the ASICs do their job. It's a real business, and trading requires on speculation and you skill to trade. Not saying mining is easy, since it requires a huge investment to be done properly, and you can start trading with just a few bucks and grow from there.

Of course that mining can be quite speculative as well, if you actually keep your coins. But if you earn then and sell them right away, then it's just a normal business. Which one is more profitable? Again it would depend on your skill, but with the same amount of capital (and I'm assuming it's big enough to actually set up a mining farm), I would say that mining would work best for the majority of people.
331  Alternate cryptocurrencies / Altcoin Discussion / Re: Anyone can tell me how to claim bitcoin diamond ? on: November 27, 2017, 07:16:45 PM
I have a little  BTC on my private wallet, Can you tell me how to claim Bitcoin Diamond? Huh Huh Huh

I don't think you can claim them yet, and I don't think they can even be mined yet. It will probably work just like with the bgold fork and we need to wait for their official announcement. There are plenty of wallets listed on their site, but I don't really know them, so I'm not going to try those. Even if you were able to claim them already, you wouldn't be able to do anything with them. The only thing that is being traded now are their futures, so I guess that actually means that there are no coins available at the moment.

I'm not sure about this one to be honest. If you go to their site, you actually see a picture that compares them to BTC, bgold, bcash and B2X. I mean, they could at least change that, and removed the B2X since the fork was canceled. I know this might be a little thing, but for me it shows some lack of dedication to keep the information in their site updated.
332  Bitcoin / Bitcoin Discussion / Re: Around 4 Million Bitcoins lost forever!! on: November 26, 2017, 08:04:13 PM
This is just pure speculation, and at least it is admitted in the article that they don't know for sure if these coins are lost or not. Sure, some of those coins that have been inactive are probably lost, but some users might just be holding them because there is no point in spending them right now. These big holders probably can't even cash out their coins because the marketcap is still to low. If they wanted to cash out their entire holdings, they would probably just create major panic in the market and the price would crash.
333  Other / Archival / Re: Bitcoin and global warming on: November 26, 2017, 01:47:03 PM
I don't agree with you and you are not seeing the whole point here. I'm not saying that solutions to reduce the electricity cost of mining should not be searched, but saying that the cost of mining is an argument against bitcoin is wrong in my opinion. If you think about it, the fiat system infrastructure consumes way much electricity than bitcoin mining. Are you saying that governments will shut down Banks, ATMs, the Visa and MasterCard network, exchanges, stock markets, etc? They only serve the fiat system purpose, and mining serves the bitcoin purpose. It's not that different. Both are important to society from my perspective, so the cost in mining is just.
Yes, we need to use renewable energy sources, etc, but that apply to everything and not just bitcoin mining.
334  Economy / Gambling discussion / Re: how can we make gambling as an accepted recreational activity like sports game? on: November 26, 2017, 01:40:45 PM
We can make this happen, but most of all people shouldn't be getting themselves more binded to play gambling as a sources of their profit. That's why most people who think critically doesn't accept this kind of activity a form of recreational activity, besides they've been having an impression of money wasting.

I think it all depends on what kind of games you play. If you just stick to casino games, and it will always be seen as an addiction because you know you will lose since the odds are against you, so how can you explain why you are gambling? Also how can you say that spinning some dices or a roulette is fun and that you are only doing that for recreation.

Now if you go for skill games, like poker, then it can be seen as a recreational activity. People play poker for fun, like any card game, and they can choose to bet real money or to just play for fun. We you like to play a game both either for profit or just for fun, you can say it's like any other skill game or sports.

The same thing goes for computer games. There are professional player of CS, or LoL, dota, etc. We even call it e-sports, so it's recreational, but it can also be played for money and no one can blame you for doing that. The only problem right now is that besides professional players, it's very hard to find a place to play computer games for money. The good thing is that is about to change with the launch of the Bountie platform!

The Bounty platform will allow you to play e-sports games for money, and they will even have a matchmaking system to make sure the opponents you get are at your level. I think this will be huge for both, computer gaming and gambling.
335  Bitcoin / Bitcoin Discussion / Re: When Can Bitcoin Be Mainstream? on: November 26, 2017, 01:26:42 PM
I think that all the right steps for bitcoin to go mainstream are actually being made right now, but all depends on the role bitcoin will take in the world. Right now we still don't know if bitcoin will remain a financial asset, or if it will ever become a global currency and used for payments worldwide both in stores and online, or maybe just online.

If BTC role will be to become a finaccial asset, then it's already becoming mainstream, because the real traders and investors at Wall Street are aware of bitcoin, and want to get their hands on it. Futures are arriving, and we will soon see ETF's, so this will be the same as saying that bitcoin is mainstream in the financial market.

If the role will be to become a payment method, then it will only be mainstream once we see sites like amazon using it, or we see a lot of physical stores accepting it. Of course that if this is the role for bitcoin, then we will have to way a lot longer before we can say it ever goes mainstream, since on this case, BTC will have to be used by the majority of the population, and not just by a small niche of financial investors.
336  Economy / Trading Discussion / Re: Will there be correction? on: November 26, 2017, 01:08:48 PM
The market is way to bulish for a correction to take place. Bitcoin is showing signs of real adoption and it's definitely going mainstream, so it's impossible to sell right now. I think it will continue to grow like this until it's close to the next big psychological mark of $10k. This will be a very important barrier for bitcoin, because it symbolizes the hitting of 5 digit value. So I'm assuming BTC will hit $9800 or $9900, and only after this will get a correction, but I'm not sure it will go under the $9000 mark once it gets these new ath. After some consolidation and with the futures market arriving, it will probably bust the $10.000 mark, and who knows where it will go from there.
337  Alternate cryptocurrencies / Altcoin Discussion / Re: what do u all think of LTC prospect? on: November 26, 2017, 12:58:25 PM
I think Litecoin will do real well during the next year. Let's not forget that LTC price is very connected with the BTC price, so if bitcoin does well, so will litecoin. Usually blockchain technologies are developed in the litecoin network first, and only after that they will go to the bitcoin network if successful. We will probably see the lightning network first on LTC for example, and so many other things. Since LTC is way cheaper than BTC, and because its normally "ahead" of BTC, since things are "tested" there first, I think it has a very good potencial grow. I'm holding LTC for the long run, just like BTC.
338  Economy / Speculation / Re: Why the bitcoin price doesn't stop rising? on: November 26, 2017, 12:14:38 AM
Well, whether banks and governments like it or not, bitcoin is getting more and more popular, and the demand for this cryptocurrency is increasing. We keep having more media coverage about bitcoin, it's price and marketcap is way to high be ignored, and even banks that said that BTC was a fraud, are now stepping back and will probably offer that their clients and investors are asking, and that is bitcoin.

I don't think anything really important happen, otherwise we would probably see a much larger rise in the price. This is just normal adoption in my opinion. If some big news regarding regulation or adoption happen, or the scalability problems get solved etc, then we would see a much larger movement. I actually think bitcoin is stable now, and is just taking its time to consolidate, and is preparing itself for the creation of bitcoin futures in the institutional markets.
339  Economy / Trading Discussion / Re: Bittrex notice on: November 26, 2017, 12:06:57 AM
Well if this can help prevent the organized pumps, like the ones we keep seeing on other exchanges, and that are on the basis of the price increase of some coins during the past days, then I favor it. Organized pumps project a false perspective of a coin, and may elude the market. Most of the times we only see the news that might have a real impact in the price, after the price is already changing, so when people see these pumps, they might think that it's actually something going on, and most of the times it isn't.
340  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think that atl-coins are still "alt"? on: November 25, 2017, 11:48:21 PM
I have observed that the bitcoin fans are kind of jealous of the "alts" or simply despise them. I think that calling "alt" to ethereum, Dash, Monero and many others is no loguer valid. It is just like if the "dollar" was a true fiat and the Euro just an "alt-dollar"

I think I understand what you are saying, but I guess that most people use the term Bitcoin and altcoins, simply because BTC was the first, and a lot of other coins were actually created having bitcoin protocol, and probably some of it's code as a base for it's creation. This doesn't mean that they are not good, and I don't think the term altcoin should be used in a depreciative manner. I know I don't use it, and I think there are a lot of alts out there, that have plenty of value, specially because they managed to stay away from bitcoin, and actually offered something new. Ether is a good example of this.

Of course that right now, no one can contest bitcoin value, since it's dominance over the global crypto market is at 52%.
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