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341  Bitcoin / Bitcoin Discussion / Re: 11k plus is the price of Bitcoin Now. my fear is..... on: December 04, 2017, 06:43:16 AM
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

You shouldn't worry about it as correction has occurred and has been passed a few days ago. Bitcoin is likely to reach a higher price instead of fall down again due to "bitcoin futures" will pump the market and you may see the price suddenly spike and reach another ATH. Honestly, nothing to fear if you have invested in bitcoin simply because of the nature of bitcoin (limited supply and high demand) which ensure the price will always grow over time, it has been proven since the first time bitcoin launched to the market.
There are lots of people regret their decisions to sell bitcoin when it reaches $5000 or even $10,000 as bitcoin price recovered within 24 hours. Have you ever seen some people predict bitcoin will reach $100K or even $1 Millon in 2020? So, there is no reason to fear about correction as it's a normal thing in crypto-world, just holding your bitcoin.
342  Economy / Service Announcements / Re: Crypto currency Book | Register to get the book , FREE on: December 04, 2017, 05:35:28 AM
Table Of Contents (Updated 11.16.17)

1.My personal experience getting into crypto currency, and my thoughts.
2. Crypto currency tips
3. Helpful Strategies to follow
4. The nature of ICO's
5. The revolution of crypto currency

*20 pages +


Release Date : December 31st


This a good idea as you're included as an early investor in 2012 and can live purely on cryptocurrency.
I would like to read your book once it released, especially about helpful strategies and tips to earn more crypto or make some good investment.
Are you a miner? or have you ever invest in cloud mining? whether you are or not, I recommend adding a content about cryptocurrency's mining.
it may be difficult to write about mining if you have never been involved, but you can share your thoughts about it in general.
And you may add a content about this forum as well, as I believe this is the biggest forum of cryptocurrency where people from around the world are discussing bitcoin, altcoins and even promote their business/project or make an investment through information in this forum.
343  Economy / Services / Re: FastInvest Signature Campaign on: December 04, 2017, 04:59:44 AM
I would like to participate.

Btctalk name : CyberKuro
Rank: Hero Member
Current post count : 1391
BTC Address : 1AeY2W4mqtrWVtEWYLkCCjAAvsNeCNCnat
Wear appropriate signature : Yes

Thanks,
Best regards.
344  Economy / Securities / Re: INVEST IN CANADIAN MINING FARM. on: December 03, 2017, 11:46:00 PM
So lets cut straight to the case. If you invest $20 you will get $25 Back in 5 months GUARANTEED. Or your money will be sent back.

How much money do you have to spend on your project? It's important to build your own mining farm.
What kind of altcoins do you want to mine? Do you prefer to mine bitcoin as well?
How much the cost of electricity costs in your city?
Why you offer $25 investment? It's a small amount for mining.
if someone invests $100, it means he will get $20 in 5 months, right?
Consider this; if I buy bitcoin right now and hold it for 5 months, I will get profits more than $20 for sure.
345  Economy / Service Discussion / Re: Mining companies on: December 03, 2017, 05:59:32 AM
There are several versions of stories from mining contract's holders, some people could get profits and some claimed they were not paid in full or reduced payout over time.
I don't recommend to invest in any cloud mining, even though there are some famous sites such as hashflare or genesis mining, but do your own research before deciding to put your money on the line as the time to reach ROI may take 6 months or even more than a year, which it's more profitable if you just buy bitcoin, ethereum or dash and hold it for 1 year.
You can read some post about genesis mining here: https://bitcointalk.org/index.php?topic=768281.720 and consider this one https://bitcointalk.org/index.php?topic=2200613.0
Another thing about mining; you may consider ordering an ASIC on https://www.bitmain.com/ do a real mining instead of cloud mining as you have more control over your investment.
346  Bitcoin / Press / Re: [2017-11-29] Nasdaq To Launch Bitcoin Futures In 2018 on: November 30, 2017, 06:59:35 AM
Traditional financial institutions have so far been reluctant to support Bitcoin, but the digital currency’s increasing price and popularity would appear to have finally given them no other choice – either take a slice of the Bitcoin business or lose it.

Traditional financial institutions can't easily adopt bitcoin in their monetary system as government rule it and they are supporting fiat currency instead of another currency which recently gains too much value within a year. On the other hand, trading platform, stock market network or fintech companies to be involved in this potential market after proven as a digital asset which constantly increases, even more than 900% in this year.

With the price of Bitcoin superseding $11,000, possibly born from speculation of wider financial market acceptance, it would seem initial investor trust has been rewarded many times over.

Early investors or believers really get the biggest profits, but don't get it wrong as bitcoin still in the first phase of development. Bitcoin futures is another step to gain mass adoption due to the market seems always become the big players a the time, give it some time and then we will see other countries follows US investors.
347  Bitcoin / Bitcoin Discussion / Re: All MAJOR exchanges are down!! What is going on?? on: November 29, 2017, 11:04:32 PM
All major exchanges  coinbase, bitstamp, kraken down all at same time!  BITCOIN price is going down as well...  what is really going on?

Any government intervention or so???
Kraken is somewhat OK, from every 3 clicks it accepts 1 so not as bad as it would be down...
There is / was a correction (according to Kraken the minimum of the price was $9,000.20 and now it's $9,888 again so the price is searching for it's true direction...
As I'm not a trader I just can't predict anything about the direction, but you can be sure that this volatility is not because of goverments, so just enjoy the ride Smiley

Obviously, it's normal thing due to the recent spike in the prices. Whenever people notice the price is going down, massive access to exchanges will occur and you may find it hard to access the network. Some countries have regulated cryptocurrency or exchanges, and governments won't intervene the exchanges as long as there is no illegal activity. If you are a trader, it's time to sell as bitcoin price seems will be corrected again. But, if you are not interested in such things, just hold your bitcoin and wait until bitcoin reach a higher price.

Bitcoin has gained so much value in a short time, the price increase over $1000 within 24 hours which cause people aware of volatility. Bitcoin price seems to fluctuate a lot these days, but there is no doubt about bitcoin will reach another ATH over time.
348  Bitcoin / Project Development / Re: Mining Farm on: November 29, 2017, 12:34:23 PM
With all due respect to fellow miners simply buying and holding BTC was by far much more profitable then investing into ASICs. Industrial mining requires investments in support, cooling, guaranteed supply of electricity, maintenance and replacement of broken units, etc etc. Those investments could pay off at some point, but simply buying BTC's (or create a portfolio of coins to diversify risks) with that money will likely to give you much more revenue.

It's important for hashrate spread widely around the world, more mining farms in many different continents as the preventive in case of something bad occurs, such as before when China crackdown exchanges and fud news cause panic selling. Bitcoin miners are making nearly $7 million a day, it's a good investment for the long term as long as you have more than 1 ASIC and pay low cost of electricity.
For OP, if you want to purchase ASICs in China, why won't you make a mining farm in your country? How much it cost for the electricity in your country?
You have to overwatch the mining farm everyday, that's why it's better to build it at nearby places in your city. Most of the China’s hydro power plants are located in the southern provinces of Hubei, Hunan, Sichuan and Guizhou. So, I would recommend in Sichuan.
349  Bitcoin / Bitcoin Discussion / Re: How to DEAL with FUD's on: November 22, 2017, 04:38:34 AM
FUD is everywhere and it exist in every crypto.
Some FUD are true because of its evidences (screenshots etc..)
and sometimes the crypto price stumble and fell.
is the FUD can be a basis now for cypto price fall?

FUD can not be "true" if it were true, then it wouldn't have been FUD in first place!

you are confusing FUD using some facts with FUD being true. a good FUD which is also effective uses real facts, for example the fact that fees are high, then it exaggerates that fact and also adds some lies to it to cause panic.
of course i should add that FUD is only effective when it comes at an appropriate time not just anytime. for example when some idiot spreads FUD during the rallies, nothing will happen and he is wasting his time.

also i should add that FUD is only affecting a small group of idiots and for a short time, there is nothing we can do about it except ignore it and try to take advantage of the market that it may create. for example if there is a dump, take advantage and buy the dip and then laugh at the weak hands who sold...

FUD = Fear - Uncertainty - Doubt
Yes, it is an uncertain news which cause doubt and fear. Different with fake news or a fact, still vague.
It seems like a rumor to spread the fear among people, in this crypto-world > simply to cause panic, to influence newbies in order to cash out.
If we talk about FUD news, there is no any guarantee/maybe right - maybe wrong.

The best way to avoid this uncertainty and doubt, just google, search on several forums about the fact. If there is nothing, just analyze the outcome that may occur.
Remember when China FUD news about ban bitcoin after the ban of ICOs? And then another FUD news; China will ban exchanges?
The fact is, they never ban bitcoin. yes, they did ban most exchanges, but not all of them as Huobi and OKCoin still operating until today.
350  Bitcoin / Press / Re: [2017-11-14] BTC Trading for $12.5K In Zimbabwe on: November 15, 2017, 10:54:27 PM
Another news about it;
Bitcoin in Zimbabwe is more expensive than anywhere else in the world. But even by the developing nation’s usual standards, the current dollar price is eye-watering, with BTC touching $13,500 at Zimbabwe’s only exchange. The cause for the sudden spike is easy to attribute: with tanks rolling through the capital Harare and President Mugabe nowhere to be seen, the country is in meltdown. https://news.bitcoin.com/bitcoin-hits-13500-in-zimbabwe-as-tanks-roll-through-the-capital/
This is one of many bitcoin utilities as decentralized currency, its price driven by community trading volume (demand) due to bitcoin advantages, seems become the one as alternative currency or an asset to store your wealth. It become the best currency in which the economy collapsed, just like in Venezuela or Zimbabwe.
351  Bitcoin / Project Development / Re: The Brain - Arbitrage & Trade Helper Platform [In Development] on: November 13, 2017, 12:12:00 PM
The Brain : calculate hundreds of strategies
Seems promising for traders and many people in crypto-world.
I'm curious how it will be, as it's a great platform and suitable for everyone even for someone without programming experience at all, right?
Supported exchanges:
Bitfinex
Lykke
Btcturk
Paribu
Koinim


Are these exchanges in Turkey?
Do you plan to provide it for free or we have to pay fees to use this platform?
Thank you.
352  Economy / Speculation / Re: Sell your bitcoin NOW. November 8, 2017 on: November 11, 2017, 11:54:26 PM
Bitcoin has reach the highest peak, and the n get corrected. Although, I believe this just temporary due to b2x suspended to be implemented but it turns out some of them still want to continue 2x hard fork as an unknown software developer called "Bitpico" who stated the Segwit2x fork will still happen on November 15 as intended even if it's mean create an altcoin such as BCH.  And then, a new website called Bitcoin2x.org appears after Bitpico’s threats and stated:We have decided to continue with the fork as planned. We will not allow the destiny of Bitcoin to be controlled by six individuals.
Meanwhile Bitcoin network keep getting spam transactions that create a chance for BCH to gain more value, more than $1370 few hours ago, seems people have allocated their funds from bitcoin to bitcoin cash.
353  Economy / Service Discussion / Re: Genesis mining - new btc contracts on: November 09, 2017, 04:42:41 AM
Hey guys,
anyone knows if Genesis mining will offer new bitcoin contracts? Or is there any credible alternative for cloud mining you would suggest?



Yes, Genesis mining will start new contract soon, but still there is no any fixed date about it. You can check it here : https://twitter.com/GenesisMining/status/927458406063116288
But, if you read some participants/investors/contract holders reviews; they mentioned there are many cases of delay payments, payment reduced or undue payments for months and even over a year, and genesis support does not respond well about it, in other words; poor support team.
There is another cloud mining which more profitable than genesis which will start their mining activity in December, a project called Ice Rock Mining.
However, their ICO has ended and token holders could get mining contract, they offer utility tokens called Rock token, you can buy this token after get listed on exchange (probably HitBTC) on November 20th.
354  Economy / Securities / Re: I have access to electricity with 0 cost, need someone to invest in a farm on: November 08, 2017, 12:52:53 AM
hi guys, I have electricity with zero cost and building where we can make a farm (building needs to be reorganized).  I'm new around this topic but researched a lot past 2 days and finally got conclusion that's mining is only profitable with very low or 0 cost electricity so it's nice opportunity  Grin Grin. If someone is interested please let me know. I'm thinking about investment under 50k from the beginning and if everything goes well then we go big  Cool Cool

I'll appreciate if you tell me any other useful places to post all about this

P.S Country : Georgia.  (bitfury invested 100 mln here for building megafarm  Shocked Shocked Shocked)
Things aren't like that my dear man. I and mettalmag (one user here) are from georgia, mettalmag is seriously in mining and believe me with relationships it would be easily done and there wouldn't be need of paying electricity fees.
I think I know where you live and don't try that because it's not legal. Imagine then Bitfury would buy a place in where you live and mine for free, maybe you can buy 1 antminer and mine but DON'T DO THIS FOR YOUR SAFETY.
On another hand you know what to do..

Answered, it seems not legal and Op just want to test whether there is someone so fool to give his money. Fortunately, no one want to. Seems like mining industry in Georgia could be done with low cost and even free electricity, it's a good thing for people who lives in there. Although no one willing to invest, you should try to get loan from some friends or family to buy antminer, but do it legally and don't try to get a loan from the bank.
355  Economy / Speculation / Re: Sold my Bitcoin today on: November 08, 2017, 12:23:58 AM
Unfortunately bitcoin keep increasing instead of get corrected after Op decide to sell, he must be regret it. Bitcoin surprisingly gain more value after reach $6000 and be able to reach over $7600. However, current price seems stable above $7k levels, fluctuate and decline to $7100 right now. I don't think this happen because 2x hard fork, it's simply people cash out after bitcoin reach the highest peak. But, bitcoin may rise over $7500 again in this week due to people want to get more b2x if community decide not to implement segwit2x which created new altcoin.
356  Economy / Exchanges / Re: Bitterx Or Bitfinex on: November 07, 2017, 11:47:10 PM
Bitfinex is better than Bittrex imo. But, they have announced to close their service to US customer due to legal and regulatory to comply with.
as long as you can use their service, out of USA, it's a better option.
But, if you don't have any access to verify your id which live in US just keep your bitcoin i web wallet or wait for another exchange announce will support b2x, do not deal with Bittrex. You may regret if they block your accounts after deposit BTC1.
357  Bitcoin / Project Development / Re: Proposal To All Miners, To Recover Lost coins. A New Modified Blockchain / Core on: November 07, 2017, 11:16:59 PM
Proposal to All Miners:
Recover Lost coins.
A New Modified Blockchain,
& New Modified Core Wallet.

Lost inactive coins will be given to Miners Fee, or shared equally between all Bitcoin owners. "Active address"

Requirements:
A way to detect Inactive coins, with more than 10 years.
A way to detect Active coins, within the last 10 years.

This is a good project, core developers could make it happen by create a new modified nodes to detect inactive coins.
Although, it will be so complicated due to The founder stated lost coin is an additional value for the rest of coins in circulation, core devs probably don't want to change current nodes to distribute inactive coins. However, how if someone aim to keep bitcoin for a long term like 20 years? Then 10 years have passed, he wake up in the next day but all of his lifetime savings on bitcoin have been lost Grin
358  Economy / Trading Discussion / Re: Indonesia Banks Penalizing Bitcoin? on: November 07, 2017, 10:45:49 PM
I can't find any news regarding Indonesian banks penalizing bitcoin, you should share a link about it.
As far as I know, Indonesian central bank does not support bitcoin as legal payment and this is an old news.
First reported by CCN in early 2014, the country’s central bank issued a public notice warning citizens to be careful of adopting virtual currencies. “Bank Indonesia states that Bitcoin and other virtual currency are not valid currency or payment instruments in Indonesia,”
https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/
But, their government didn't issue a regulation which prohibit their citizens to use or trade bitcoin.
So, it won't be affect bitcoin price I guess, nothing at all.
359  Bitcoin / Bitcoin Discussion / Re: B2X is real Bitcoin? on: November 07, 2017, 03:59:22 PM
Bitcoin gain more attraction than b-cash, b-gold but b2x remain unclear due to consensus rules make it possible, if 2x gain enough hashrate, then bitcoin will implement 2x hard fork to increase the block size but its name still bitcoin, not b2x, pretty simple. So, whatever happens on November 16th, whether people will support 2x hard fork or it will failed, bitcoin still become the king of cryptocurrency and keep growing bigger.
360  Economy / Service Discussion / Re: Investing advice on: November 07, 2017, 03:34:50 PM
However, The .01 I have now comes from one year of simply working faucets and passive miners. Im looking for the next step. I dont intend to invest or buy into any other coins. But thanks. The year before last, i put .01 btc into a lifetime Genesis mining contract. It gives about $8 twice a month. And is helping me build a small pot of btc. XD But I want to get into more advanced means.

BTC).01 from a year savings out of faucets? I don't know about passive miners Grin maybe it refers to genesis mining.
It's a long time to achieve 0.01 obviously, but you've invest in genesis mining which gives $16 in a month, right?
You've been in cryptocurrency world over a year but,,,
If you want to invest, visit https://icerockmining.io/ as they have plan to buy back or you may decide to get mining contract for 2 years.
But, if you want to make bitcoin without mining, you can earn it through signature campaign in this forum, all you need is more research.
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