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3221  Bitcoin / Bitcoin Discussion / Re: Georgia Lawmakers Propose Tax Amendment That Allows Bitcoin Payments on: February 26, 2018, 02:39:56 PM
While I do think this is great and all, I don't think it's something which is really going to help the bitcoin community. Like yes, I do understand that having more people in the CRYPTO space is nice -- but it's not like they're going to do anything crypto related, all they're going to do is collect the crypto and then sell it for FIAT.

I just think that while it is good news, it's not as good as some people are going to make it. Plus the government isn't doing this out of the kindness of their hearts, they're doing it cause they know they'll earn more revenue like this.
3222  Economy / Trading Discussion / Re: What to do if the prices down again? on: February 26, 2018, 07:08:43 AM
Second one is a good way of trying to time the market, usually ending (at least with me) is that the price goes up an insane amount and then you'll lose out on all of the profits which you could make. In Crypto, like most investing, can't be timed. You shouldn't try to buy and sell daily, if you think the market is good for the longterm buy now and then see where the markets at in a few months

Don't go ahead and check the price all the time, or the crypto news, or one of those things. Just wait and let the market do its course.
3223  Economy / Trading Discussion / Re: How to trade on Kraken with smartphone on: February 26, 2018, 06:38:35 AM
I think that Kraken actually does have an ios app (check here - https://blog.kraken.com/post/272/introducing-the-kraken-ios-app/) So yeah if you're on ios I don't think there's going to be an issue at all, not really sure if they have an andorid app.

Not a big fan of trading on Kraken though, don't know why anyone would be after the months on months of horrible software on their website. Goodluck with your trades though bud!
3224  Economy / Speculation / Re: Dow Jones -800. Crisis coming to Bitcoin ?? on: February 26, 2018, 06:19:06 AM
Bitcoin is now farther down, though I wouldn't think that the US stock market and bitcoin is pegged at all. While the Bitcoin market was blowing up in Dec and extremely bullish, the US stock market wasn't bullish at all. The US stock market did go up yes, but nothing compared to the amount of massive gain that crypto actually went through

So while I would say that at some points it looks as if they follow one another they usually don't.
3225  Bitcoin / Bitcoin Discussion / Re: Crypto in Olympic Games? on: February 26, 2018, 05:56:03 AM
Pretty scummy title to try to get people over here, but I'll explain it for people so they know what the real news is. Some company who just had an ICO is trying to get publicity by awarding winners of qualifiers in the olympic games their coin, I guess they hope that one of the people actually looks at their token and used their large base of people to promote their scammy ICO.

Pretty solid idea to get some people to their coin, though the hype will die down soon (if it even rose) and then people will simply leave the coin dead. (Like every other ICO)
3226  Bitcoin / Bitcoin Discussion / Re: Beware of Twitter Scammers on: February 26, 2018, 03:54:48 AM
Yikes. How the hell are the scammers getting the blue "verified" tick? Shouldn't be that easy right? Twitter needs to up their game as soon as possible.


They are hacking people outside of cryptocurrency with verified badges and then changing their name. On other platforms, if you change your name you have to get reverified ( which only seems right ) but I guess on twitter you don't have too.

While it's horrible what they're doing, people kinda have to be scammed in order to notice that people on the internet are not always good people. It's a lesson that you learn by paying, and we're all trying to teach the lesson for free to people. Though some will only learn by paying the price.

It gives us a horrible name in crypto to have this sort of thing happening though, hope these people get in some big trouble when the time comes for them.
3227  Bitcoin / Bitcoin Discussion / Re: 🔥New Bitcoin Hard Fork coming soon. How do I get it? on: February 26, 2018, 03:38:09 AM
One thing to note when getting involved in bitcoin hard forks, airdrops, etc. Be safe with the KEY to YOUR address. Never give out your private key to some random website without taking the proper precautions of 1. Taking all of your coins off of the wallet beforehand, and taking all of the altcoins of value off of the address, PLUS ensure that the site is reputable.

I'd wait until these airdrops have reputable ways to do everything by yourself as I would NEVER trust a random website with my address. But some people don't care for a few extra bucks; I'm not one of those people.

BE SAFE
3228  Economy / Speculation / Re: Waiting for a bitcoin rise. on: February 26, 2018, 03:22:07 AM
I mean you and everyone else in the world that owns is waiting for the same thing, though this does rely on a massive amount of new money coming into bitcoin and I don't know if this is going to come anytime soon. I own as well so I do hope it does, but who knows these days -- we went up an insane amount and then corrected a bit from the top. No one knows what's going to happen now though; we could just crash more or boom -- meh that's the market.
Stable is good too, don't forget that it isn't crashing which is a positive in itself. While I am bullish long-term on the price action for Bitcoin, I don't have a date for you that it will surpass 50k. I believe it will happen this year around October, but it could happen next year that time, or 5 years from now. It could also never happen which is why we must protect ourselves and our investments on a daily basis.

This is true; I'd rather be stable then crashing.
3229  Economy / Trading Discussion / Re: Are you sick of cliche trading advice? on: February 26, 2018, 02:14:18 AM
Without a doubt tired of it, but I do know that it won't be going away at any point. Once HODLing makes someone losses mass amounts of money (or a good amount of people lose out due to it) that's when the cliche of HODLing will die, but at the moment it really is the only way to win against a market which is insanely volatile.

I hate hearing it, but that's the kinda thing you get when you're involved in trading so you gotta get used to it. Do remember that hindsight is ALWAYS 20/20
3230  Economy / Trading Discussion / Re: Introduction to Shorting (How to short crypto coins) on: February 26, 2018, 02:07:26 AM
Shorting has a place and you've offered a good basic description. In crypto however it's such a risky strategy. So many people have racked up huge negative positions by letting a short run. In a market that is overall so bullish in the long run it's best to steer clear of shorting unless you're very risk-loving and have a great understanding of shorting and how crypto markets tend to operate.

Well yes, people have either had large gains or large losses -- that's what happens in massive times of boom and then bust in regard to stock.

But OP I do like the description, I had always spoken about shorting but never actually got involved in it at all. I'll have to bookmark this so I remember the basics about it. While I'm here though, does anyone know any other sites (besides Kraken and Bittrex) which offer shorting to US traders?
3231  Economy / Trading Discussion / Re: Impact Of Artificial Intelligence And Machine Learning on Trading And Investing on: February 26, 2018, 01:49:45 AM
This is complete nonsense!
There is no evidence that this works.
And to write just a program that will work according to a given algorithm, it's not an artificial intelligence.

If he existed, then if he realized himself, he would not get into such nonsense  Grin

Well I mean it's not nonsense. AI and bot trading is something which is far-reaching in traditional markets and something which is, without a doubt, already in crypto. I wouldn't doubt that people are testing AI machines right now to try to gain historical intelligence of what people do in regard to buying, selling, holding etc. There is a ton of money to be made if something like this can be coded and perfected, I await seeing if someone can pull it off.

Sounds pretty insane, would be horribly (though cool) to see.
3232  Economy / Trading Discussion / Re: What is this website ? on: February 26, 2018, 01:14:14 AM
A friend sent me this,but he didnt tell me what website was this ?

Do any of you know this website ? Seems like a scam or something idk

https://prnt.sc/ijpc39

Best regards

Lol. A brand new account? I wouldn't check that website that's for sure.

Why don't you do your own research and see if that is a scam site or not? Or better just post the name of the website here and we can dig further about it.

But if you are not sure then don't invest anything on it because there are literally thousands of scammers out there and crypto or bitcoin are not a way to get rich very quick, remember that.

I usually understand the hostility towards new users when they post links, but this is just a link to the printscreen website where people put photos. If you were to click on the link you'd see that it's just a picture of the localbitcoins site.

So yeah dude, that's local Bitcoins. It's a peer to peer service to buy bitcoins with LBC acting as an escrow of coins, pretty solid website. Check them out alongside paxful. Goodluck!
3233  Economy / Economics / Re: Global Regulations and wits impact on Price action on: February 26, 2018, 12:56:13 AM
I mean yeah, but there really hasn't been much regulation on the global scale at all. Bitcoin isn't at the moment where it's going to be enough of an issue to bankers, governments, etc to the point where they're going to regulate it out of existence. We haven't hit that point yet but we will know when we do, because once we do we're going to be pummeled by regulation from every sort of entity ever. I assure you that governments will reign hell on all of us when/if we take control of some of their power in their currency.

Hasn't come yet.
3234  Bitcoin / Bitcoin Discussion / Re: $1 Trillion Dollar Market Cap on: February 26, 2018, 12:44:13 AM
No one is able to predict the price in Bitcoin, it's impossible. I've seen people come on the news saying that they're the expert and by their calulations we're going to go to (some absurd number) or (zero) by years end. People have to be smart enough to know that no one knows what the fuck is going on and these people are shilling or FUDing Bitcoin.  The market is going to do what the market does and the price will simply flop around, nothing we can do about that.

I know that people love to see the reassurance of experts, but these people are a nuisance and a drain on us.
3235  Bitcoin / Bitcoin Discussion / Re: I need help (bitcoin) on: February 26, 2018, 12:20:10 AM
No one is going to be able to hack bitcoin for you cause you lost your key, password, etc. Also you just seem like someone who thinks that if you give someone an address they're going to be able to crack the code on Bitcoin, if this was the case we wouldn't be a currency and worth hundreds of billions in market value.

I say go back to whatever country you're from and stop trying to bsly scam on here.

For shits and giggles though, whats the address?
3236  Bitcoin / Bitcoin Discussion / Re: Pizza day with Lightning network on: February 25, 2018, 06:23:44 PM
Once the LN goes through all of the beta testing, bug testing and so on, I really do think that it's going to be a game changer for Crypto. As the big thing which separated crypto and FIAT is the fact that I could pay for something instantly in fiat online without an issue, with crypto this wasn't the case but thank god it will soon be.

If we continue with this sort of innovation we're going to see some big things happen. I'm pretty excited here.
3237  Bitcoin / Bitcoin Discussion / Re: Vladimir Putin says the blockchain-race is on on: February 25, 2018, 06:05:51 PM
There's a video circulating around Crypto regarding this very same quote, though the thing is that the quote came from July of maybe one year ago? So this whole bullish crypto news thing isn't new, it's old news which people are trying to push for again to try to swing the market around. Sadly, I'm not surprised by this sort of behavior in crypto.

I hope the newbies notice this before they buy in.
3238  Economy / Services / Re: Exchange script similar to coinexchange.io on: February 24, 2018, 08:23:58 PM
Yeah no one on here is just going to toss forward all of the information related to a site which cost a massive amount of money to make (in regard to the frontend, and the backend) If you want to pay for someone to code something go find someone, people on this forum aren't mules that are going to find things for you and work for free (things that not everyone understands)

Find it yourself bud.
3239  Bitcoin / Bitcoin Discussion / Re: Beware my Filipino friends of Facebook bitcoin groups on: February 24, 2018, 06:47:49 PM
There's a lot of people everywhere that are scamming, I'd be the first one to say that I think most of the bitcoin groups on Facebook are attempting to scam people and are probably doing a wonderful job at giving crypto a horrible name through this. I mean it's not new, scammers are going to target people on sites where they think the newbies are going to come from (Facebook ads, Instagram ads, etc)

Gives us all a bad rap here in crypto, would hope for people to change but I know the scammers won't.
3240  Bitcoin / Bitcoin Discussion / Re: Bitcoin volatility and dumps when Asia s awake on: February 24, 2018, 04:39:54 PM
Regular does of volatility? Every single day for the last week the price goes up in the EU morning around $1000 then down in the EU time evening around $1000.

That s not a regular does of volatility, that s a market being played by the big players. 

What I am surprised is how these which are being gamed do not understand the pattern and reverse it. Buy in the evening and sell in the morning, dump their game on them.

People aren't going to try to reverse it cause they know that once enough of them do the big players are just going to turn the tables on them, as per usual. So I mean, even if there is a pattern the little guys know that they cant go against the huge whales.

But in all fairness, who knows where the volatility comes from and who knows what the market is going to do. Even if the whales are pushing the market there is a good amount of other people involved in Crypto (news agencies)
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