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3321  Bitcoin / Bitcoin Discussion / Re: Things on my mind about bitcoin lately on: June 15, 2018, 02:01:29 PM
So I obviously hope I never have to deal with the first of these two issues I have but what if Gaven Andresen dies off and doesn’t pass on the alert/control features that Satoshi bestowed to him, would community have to legit hard fork to even stay in the realm of ‘new development’ not sure how that works as I’m not a dev at all, hence my question. Not sure how the BIP’s are actually approved or implemented and ATM believing is all basically comes down to getting Gavin’s ultimate approvi. Which like I said I worry may at some point ultimately be a issue.

Another thing I’ve wondered since getting into BTC is what happens when all BTC are mined, people hodl, and people die? Is there any contingency in place or being planned to recover stale or dead bitcoins in wallets that are OBVIOUSLY non active addresses? Or will everything that is owned by dead investors or give up investors be doomed to simply be a burn loss?...

Well your second point I think isn't something to be really concerned about. The fewer bitcoin in circulation the higher it's value would be. And I don't think there'd be a lot of people who die hodling and taking their btcs with them to the other side lol.
3322  Bitcoin / Bitcoin Discussion / Re: Crypto is For Risk Takers on: June 15, 2018, 01:54:51 PM
I seen lots of people are panic and selling and spreading FUD . But based on my experience people who really dare to take risk only won here .
Wise and daring investors are still searching for good potential coins to invest while its really cheap were greedy people are panic and spreading FUD
Finally people who dare to invest bitcoin even when the price of 100$ they created fortune here . Its completely daring and vision not at aall luck . SO if you are having real vision and want to make milestone in life then be here in crypto and support other wise please quit .

I believe in the sayings " the best teacher is through experience". Rich people are the people who don't afraid to take the risk. Bitcoin is a risky investment but if your investment is successtill the return is triple with your capital. So don't afraid to take the risk.

Risks are everywhere and this market holds more risk than most markets out there, so one would have to be really foolish to assume there's little risk here and easy money. You have to be ready to lose everything you put into crypto that's why we're always saying all the time to put in only what you can afford to lose. The rewards though are definitely worth it
3323  Economy / Speculation / Re: Bitcoin Going Less Than $5000? on: June 15, 2018, 01:50:58 PM
some people said that this is the end of the cryptocurrencies, because of the price decreasing they talk about the end of cryptocurrencies, i think its not because as we can see that the price of bitcoin will rising up and down by the demand and the stock in ther market, so i the price of bitcoin down less than $5000 i think its because the demand of bitcoin is decreasing because of many factors, maybe like the bad news and fake news

Well this is what those people have been saying last february when bitcoin touched 6k but then they went quiet after the 9k recovery. And now here they are again with the gloomy predictions of how it's the end of crypto. I don't think these people understand much about this market and yeah, getting to as low as 5k is possible but it's not the end at all and recovery is certain
3324  Bitcoin / Bitcoin Discussion / Re: The FALL OF BITCOIN on: June 15, 2018, 01:47:49 PM
I think there are only two ways. Or bitcoin will rise up and give a powerful takeoff, or it just disappears altogether. Definitely and irrevocably. But, most likely, this will not happen.

Well crypto has garnered enough attention already to make bug companies notice and use it so I think bitcoin amd crypto dying out is already put of the question. Personally I think in the bigger picture, we're only going to up even with a few challenges along the way.
3325  Economy / Speculation / Re: Is bitcoin lead cryptocurrency market forever? on: June 15, 2018, 01:45:07 PM
right now we can see that bitcoin is leading the market, its mean because bitcoin is the king of cryptocurrencies and we all know about that things, so what happens if bitcoin popularity is changed into another coin? i think bitcoin cannot be the market leading anymore if this happens. so bitcoin become the leader because of the popularity

Popularity fades. When people become too aware of crypto, other alts would gain popularity as well and at that point, a coin's use would determine where it'll be in the crypto heirarchy. And let's face it, there are a lot of alts that have better features than btc. Though yeah for now btc's popularity and huge following would be enough to make it the leading coin for a couple of more years
3326  Economy / Speculation / Re: 800 Days Left before BTC Raise Again on: June 12, 2018, 05:03:33 AM
Dude, a lot of guys made a lot of chartings and made different predictions about when btc will recover or if it will continue to decline and these guys were all proven wrong when the timeframe they've given expired. You yourself can make chart analysis and that would as good as this guy's analysis is.
3327  Economy / Speculation / Re: The real problem of bitcoin price decline on: June 12, 2018, 04:59:54 AM
of course the big issue of the current decline in bitcoin prices so the altcoin price also follows the same decline, but for us in the next few days we believe that bitcoin prices will rise again better now.

Lol. Funny how this has been said several times over the past few weeks and instead of rising, the price drops. Good entry points become better and better as well as the price gets cheaper. I don't think any of us here would be able to tell until when this price decline will cease but don't look at it just from a single pespective and always anticipating a bull run soon because it probably would be beyond anyone's guess
3328  Economy / Speculation / Re: Will Bitcoin remain dominant on: June 12, 2018, 04:56:09 AM
I think bitcoin will become dominant in the short or long term because bitcoin will be the first coin in cryptocurrency so bitcoin will remain number 1 in cryptocurrency and bitcoin will also be more popular in long term


It being first matters. It was also the one with by far the most decentralization and it wasn't made simply to make the founder rich.

Latter alts like ethereum have the capability of unseating bitcoin as the top crypto. Probably for a couple of more years, popularity and the fact that it's the first crypto would keep it on top but people will find out the uses and benefits of others like ether and we'll know if bitcoin will stay in top from there
3329  Economy / Speculation / Re: When Will Bitcoin Be Back To $20,000 ? on: June 12, 2018, 04:53:07 AM
I hope bitcoin can reach $ 20,000 or more, many countries will legalize bitcoin and can accept bitcoin as a means of payment.

I guess people should just quit looking for that all time high point because it's likely we're going to have a hard time hitting that this year. Speculating another all time high would only raise high hopes and more disappointment especially for newbies. We're pretty much back to where we should be if you look at a charts from 2 to 3 years ago
3330  Economy / Gambling discussion / Re: Frustrations: Losing Streak on: June 10, 2018, 08:04:39 AM
when you get consecutive defeat, it's a good time to stop gambling. it could be lucky not to be with you, or you are not in a good mood while playing. it's better to quit when it's getting a streaks defeat.
Sometimes you can't because it's really hard to stop especially when you are not expecting you'll be in a cold streak.
I have been in the situation many times in my life, and it made me regret but until now I still do gambling, it seems like quitting is really hard because there is a fun in gambling although it's very risky.

Yeah there's always that urge to continue until you break a losing streak, which most of the time doesn't end too well. That's probably because people can't accept the fact that they've lost quite much and is eager or desperate to recover losses, and losing more in the process
3331  Economy / Gambling discussion / Re: 2018 NBA Season on: June 10, 2018, 07:54:33 AM
Again a blow out.
Where is that will to win the game?!
I dont freaking see that now. There is still 4 minutes with just a 20 point lead. You go hassle on full court press and give your all until the buzzer sounds.
That doesnt happen anymore. That freaking garbage time gives me the chills. They are too much careful with the NBA superstars now.
This does not happen in the 80's and 90's. I will understand it if it is the season but what the freak! It is the freaking Finals and that is how they play.
The king my ass!
Lol, the Cavaliers have already given up when they lose game 3 and besides no matter how much effort Lebron James will give to lift the Cavs, it is not still enough for them to win the series.

You really dont understand it do you.
Some players will kill for that shot. They have it right there and what did they do that.
Why surrender? I bet you are not really an NBA fan and just came here to say some nonsense.

The fact that he is called The King now should have a meaning to it.
What's with the slogan "whatever it takes" if they cannot even use it.
They fought hard with Indiana at game 7 and then the number 1 seed.
So hard to get there and they will just give up? That is BS!
No offense meant to all the Lebron James fans here but i just don't know why he is called the King. He has gone to the Finals eight or nine consecutive times and he has only won three of them with his selected team mates. He also stays on the East where the resistance in going to the Finals is not so strong. For me the real Finals for this year is between the Rockets and the Warriors. Now the so-called King will have the luxury again of choosing which uniform to wear and i hope he will land on the West where true competition exist. Just my thought and MJ fan here  Grin
If you look at his stats he is definitely one of the highest comparable to Michael Jordan if you check it. The difference is that  The old school basketball has different capabilities compared to now and almost all of them knows how to shoot three compared to the history. But in the end, the Warriors are the better team.

I agree. Most experts says that its not really comparable. Era's to era. During Jordan's time 3 point was not the norm. And we need not to argue using the the ring arguments: Jordan 6, Kobe 5, Lebron 3. How about those part of the great Boston team that capture 9 rings?

We can judge the greatness of Lebron after he retire or get to the Basketball Hall of Fame. But now, let's enjoy how great he was and although he didn't win another ring. I'm sure that he will be one of the greatest of his era.

You are all correct about him being the KINg because of his stats but if you look at other NBA players they dont have that stats but still have the most rings than him.
Robert Horry is one. Steve Kerr also.
Now Draymond Green. Not much with the stats but his presence can be seen. The defense and his awareness when he steps on the court. Blocks 3 pointers and do great things when much needed.
That is the "will" to win the game.
They just dont have it.
Why stop fighting when there are still 4 minutes left.
You all said it, he have the stats. Then freaking use it!

Well horry and kerr didn't have the bulk of the team's responsibility on their shoulders when they won their rings though. The warriors are just obviously the better team to win the championship for the past 4 years simple as that. Getting 9 times consecutively to the finals isn't an ordinary feat for anyone regardless if you win only one or three championships. I'm by far not a lebron fan but I don't understand why people down play his achievements. Definitely in the conversation for the top 3 greatest of all time
3332  Economy / Gambling discussion / Re: Why Always KYC (Know Your Customer) Why NOT KYO(Know Your Owner) on: June 08, 2018, 12:57:07 PM
Guys why should only users have to provide identity why not the OWNERS who up and run them??? (are they gods?)

This is especially for the casinos which demands for user KYC documents.


Its time to make things even. kiddo edwardoo are you lurking??


Well they're the owners, they set the rules dude. That's the way things go in the world and we just have to live with it. With the number of users in a casino, the owners would have to secure their profit and limit bogus players. If you tell this to a casino owner, they'll likely just laugh it off and tell you that there are a lot of casinos to choose from
3333  Economy / Gambling discussion / Re: 2018 NBA Season on: June 08, 2018, 05:41:29 AM
Odds are against Cavs. No team has ever bounce back from 0-3 deficit and win the championship. Maybe they can avoid a sweep but for all intent and purposes, Golden State will eventually get the trophy again and either Curry and Durant will get the MVP nod.

But I agree, much better to put your money on the Cavs. Its one hell of a long shot next game but who knows.

If Cavaliers ever get back from that 0-3, I will be calling NBA and it's referees rigged. Golden State Warriors won on Cavaliers home court in which they are expected to win but I think the performance of Kevin Durant is really fantastic. He got 43 points and he is unstoppable on the court while Stephen Curry only have 11 points while Klay have 10.

Also, I am glad that Andrei Igoudala is back. We can now congratulate GSW for another championship, though I think the series will not be done at Game 4.

Yeah the series is pretty much decided already and it's quite clear that this finals has been a mismatch. Bron can't seem to make it all the way without 2 or 3 superstars in his team though his performance this year for me guarantees his spot right up there with the best of the best. Hopefully they get even one win at home. I hate seeing teams get swept in the finals
The warriors has no pressure in game 4 anymore, and even if they will loss in this game, there is a big chance that they will celebrate
at home in game 5. Lebron is good but he need someone like his talent to fight against the warriors, what a boring series so far, I thought cavs would at least fight back and win.

Well the cavs ARE fighting back. Games 1 and 3 could've gone either way especially game 1 and we all know it. They just keep on gassing out and being outpowered by the superior talent of the warriors. For me their best chance of actually making this a good series was in game 1 and after that, well I just don't think they have the firepower and mindset to beat the better stacked team.
3334  Economy / Gambling discussion / Re: 2018 NBA Season on: June 08, 2018, 04:39:21 AM
Odds are against Cavs. No team has ever bounce back from 0-3 deficit and win the championship. Maybe they can avoid a sweep but for all intent and purposes, Golden State will eventually get the trophy again and either Curry and Durant will get the MVP nod.

But I agree, much better to put your money on the Cavs. Its one hell of a long shot next game but who knows.

If Cavaliers ever get back from that 0-3, I will be calling NBA and it's referees rigged. Golden State Warriors won on Cavaliers home court in which they are expected to win but I think the performance of Kevin Durant is really fantastic. He got 43 points and he is unstoppable on the court while Stephen Curry only have 11 points while Klay have 10.

Also, I am glad that Andrei Igoudala is back. We can now congratulate GSW for another championship, though I think the series will not be done at Game 4.

Yeah the series is pretty much decided already and it's quite clear that this finals has been a mismatch. Bron can't seem to make it all the way without 2 or 3 superstars in his team though his performance this year for me guarantees his spot right up there with the best of the best. Hopefully they get even one win at home. I hate seeing teams get swept in the finals
3335  Economy / Speculation / Re: Ten years later on: June 03, 2018, 04:12:47 PM
The prediction for bitcoin to reached half a million dollars in ten years later is very big and its very hard to achieve considering that the market value for now is only $8300 which is very far from its target goal.


Crypto prices frequently skyrocket so there is a very big chance of BTC reaching that 100k-500k mark.
Now if that's gonna happen in 10, 20 or 30yrs that's debatable.
It is totally nonsense. Who says this bullshit? The price till the end of this year will increase maximum to $12k because almost half year is going to finish and the price is still below $8000. 250 thousands will never be reached in the whole life. Think positively and observe the market value carefully, then decide the future price by yourself.


While I agree $250k would never happen, $100k is definitely possible. That would put Bitcoins market cap at around $2 trillion, maybe technically less due to lost coins. That would be 1/4 golds market cap which does seem very possible.

Never say never dude. If you told someone back in 2013 that 4 years from then btc would hit 20k, they probably would have the same pessimist reaction as yours, and probably mine as well. But we've seen how quickly things can escalate in this market. 10 years from now is a long time and though I share your beliefs of how unlikely it would be, nothing is certain.
3336  Economy / Speculation / Re: The whole market is experiencing slump in last few days. on: June 03, 2018, 04:09:25 PM
The market is not positive and since the beginning of may , the price of major cryptocurrency has been fallen and not all that stable. It may take some time for it reach it true price.
it's really important that we all have to stay patient waiting for the market back up again as before, because in this month same month last month the market experienced an unimaginable decline. but with the time is not long certainly the market will be back in the original

Well it only seem as an unimaginable decline because we touched almost 20k for our all time high last december. That isn't a normal movement of btc and it's understandable that we're going to have a backlash after that. Look at the charts from a bigger point of view and you'll see that month per month, we're still growing. I just don't know how the last quarter would be though since that ath would be hard to touch again.
3337  Economy / Speculation / Re: BTC Price $15000 in July on: June 03, 2018, 03:40:56 PM
July 2018? No. July 2019? Maybe. Bitcoin failed to break $12k, then it failed to break $10k and I'm afraid next time it will fail to break $9k or something similar. Eventually it will recover, but it will take many months. I will be very happy to see $10k in the end of 2018.
I think it is possible for bitcoin price to be $15k this july. Anyway predictions is predictions everything can happen in the market of unstable price. Yes eventually it can recover but we do not know when so hope this month of june price could soar high.

Bitcoin has had significantly more exposure this time round. I think either we will see $15k+ this year, or we will again have a long drawn out bear market. Possibly ending the year at $5000 or less. I hope that is not the case, but only time will tell.

Unlikely. I think we have more chance of ending at 15k than back to 5k. Though believing it would be 15k in july is a bit farfetched basing on how the market is moving right now. But who knows. All we're doing here is speculating and stating our personal thoughts. Btc will move where it wants to whether its up or down
3338  Economy / Speculation / Re: Does speculation affect bitcoin negatively? on: June 03, 2018, 03:36:28 PM
From last few days, so many negative news regarding btc have been aired. Then lot of people speculate the price of bitcoin and just after that I have noticed some significant change in the price index of btc. Do you think that these speculation affect the price of btc a lot???

Yes, it can affect the price movement of Bitcoin because it can trigger it to those people who are affected by their emotions. From my point of view, crypto value depends on the speculation because we know that it's decentralized wherein no one control its value.

It's a known fact. Even the stock market can be affected by speculations. One negative rumor can spread to panicky holders and then panic selling happens. It will snowball into more people selling, often at a loss.
3339  Economy / Speculation / Re: Bitcoin has dropped so invest more on: June 03, 2018, 03:33:39 PM
people are panicking over the drop that has been experienced over the last few hours why don't you look at it as the best time to invest more

if you are panicking too much you need to evaluate your risk management skills or you will be feeding the sharks
its the crypto world you can expect anything
In trading a coin in the world of cryptocurrency do not get too panicked at a price that I think is chaotic and unpredictable. Most people choose if the price of Bitcoin and Altcoin falls then they will sell the coins. This is called a sales panic

   
        It is a mess when selling coins at a lower price, its better to contemplate your decision than regretting at the end. So while the market is dropped for now, it is good to invest more to gain more profitable in future. Dont panic by selling it in inconvenient state, to avoid the lack of lossing. Though we cant predict on how the future run, it is good to hold in long term on what coins you have . And as long as the market will consistently arise, it is good to sell it and gain godd profits.

Yeah and that would also help in avoiding drastic plunges that would make people more anxious. If only people have the right mindset when they invest, then we wouldn't have to deal with panicky weak hands. Though of course, there will always be people who'll get in just for the incorrect notion of quick money.
3340  Economy / Speculation / Re: Bitcoin may continue to move higher on: June 03, 2018, 02:02:44 PM
For sure, bitcoins will continue from the $8000 price to 12000 usd any time from now till august. I have faith that bitcoins is going to hit back at the 19000 usd price it was before 2017 came to an end.
I disagree with idea that bitcoin is going to touch its previous all time high before the year ends, I know that some people want to see that price again as soon as possible and I would like to see that too but that doesn't mean that I will let my desires blind me, we're probably not going to see that price until the next year or maybe we will need even more time.

Hmmm well you have point in your idea but we all know that bitcoin price are really unpredictable it always a chance to pump up again in the next few month, yes the price are continue to falling down and the chart price indicate a possibility to touch a $6k level but I believe it can recover faster just wait and continue to hold if you believe in bitcoin will shoot to the moon again.
Do not worry I will never stop holding my bitcoin I have a very strong faith in bitcoin and I'm not going to stop holding until bitcoin reaches my target price but even if I completely believe in bitcoin and an eventual recovery I do not believe the recovery will happen before the end of this year, for a huge growth like what we saw in the last year we will need a big update to bitcoin.

Probably better not toto have a specific figure to expect at a specific time. That's how to save yourself from dusappointment. We've all seen how bitcoin can move very quickly whether it's a pump or a drop and I think we should've learned from the past that it's extremely hard to pinpoint when btc will move higher or will retreat.
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