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3541  Economy / Trading Discussion / Re: Is Etherecash a SCAM? on: December 11, 2017, 01:31:00 PM
Any ICO which is out now is going to be scam, they're trying to prey on your money in a time where the Bitcoin price is insanely high (alongside other altcoins at ATHs) where they're going to be able to make some quick, and BIG money fast. Any ICO that uses the normal term of revolutionzation of banking, is without a doubt not going to do such thing in the least nor at all.

Maybe less of a scam and more of a project that'll never happen. This'll be a trading coin and thats all.
3542  Economy / Economics / Re: Who is behind the inflating value of Bitcoin? on: December 11, 2017, 06:34:52 AM
Tons and tons of new traders thinking that they're going to be able to get rich off of Bitcoin, I've heard so many of my friends just NOW starting to come around and asking me if they'd be able to buy Bitcoin -- because they think it's going to skyrocket and they want to get in on the 'ground floor' little do these people know,  I was crazy when I was talking about Bitcoin at $400 a pop.

Plus the big whales, who are instigating all of the new traders with fake news stories, fake twitter pushers, etc.
3543  Bitcoin / Bitcoin Technical Support / Re: Still 0 confirmation couple of days on: December 11, 2017, 06:16:09 AM
Bitcoin network is currently clogged, we've got tons and tons of people trying to use the network (as the price is hitting massive highs) and this causes fees to skyrocket, probably making your low fee TX less appealing to miners who are trying to make their living.

Would you be able to post your TX here so we can all try and push it through a TX accelerator?

If you'd like you can even do it by yourself. - https://pool.viabtc.com/tools/txaccelerator/
3544  Bitcoin / Bitcoin Discussion / Re: If Bitcoin not recognized by any government on: December 11, 2017, 05:54:05 AM
Just starting off, it's not that Bitcoin isn't recognized by Governments it's that governments aren't too keen on accepting Bitcoin transactions happening in their countries. As it feels to them (and it is) as they're losing control to a group of decentralized people, which is not something that a huge power mongerer wants to see happen.

As we know, now it is not many government recognize bitcoin but bitcoin can survive and go further.
If we talk about buy low sell high than we do it to get profit, it does not has relation with recognized by government.

Bitcoin has a large relation with the government though, as government can play  LARGE part in fucking Bitcoin and the trading with bitcoin (+ other altcoins) if people in government would like, they could levy massive amounts of taxes on stuff that is Bitcoin related and that would cripple the market. Regulations can screw people, and it's the way government can fuck us all.
3545  Economy / Exchanges / Re: Bittrex on: December 11, 2017, 05:40:05 AM
Only problem I can see is regulation in their future, which is already something which is hurting them right now. You can see that back in the day Bittrex didn't have to go through any sort of AML/KYC regulations, now they're being forced to do it (and complying) due to the amount of money which they have running through their systems. I'm expecting more regulation to hit them soon due to them being #1 in the exchange marketplace.

So yeah, if Governments start coming in and screwing with them then they're going to be FUCKED
3546  Economy / Trading Discussion / Re: Day trading with ALTs Coins on: December 11, 2017, 04:54:47 AM
Nope, most even say that day trading is worse as you're going to want to get involved in the big swingers which are obviously going to be the coins that are less reputable and then lead you to either making a small sum of money OR (most likely situation) you trying to limit losses and losing out on every trade you make.

If I were you, and wanted to get involved into trading, I'd recommend buying weekly, monthly, WHATEVER YOU WANT and continuing to do this for some time. Long term is the way to go IMO and it'll be better in the long run.
3547  Economy / Speculation / Re: Do bitcoin futures make the bitcoin price crash? on: December 11, 2017, 04:21:48 AM
While the person does have some points, I wouldn't call them good points by any means. I actually wouldn't trust anything from anybody which is shared on a public forum like that, as its most likely trying to be used to influence people to in turn influence the price. I don't think BTC futures being offered is going to effect the price at all, this is just a tad more money being pumped into Bitcoin where we already have a SHITTON of traders who are here.

This is nothing compared to the volume we have right now, so no.
3548  Economy / Economics / Re: Insuring your investments in ico, what do you think? on: December 11, 2017, 03:55:24 AM
This is just another person that you're going to have to trust on the internet with your money, and then you're going to have to trust them with massive amounts of ICO money. Worthless idea IMO.

I'd rather find someone trusted on the forum who wouldn't want to sacrifice their name (and they profits they make with their trust) on here to be the escrow for ICO's so they're able to faciltate transcations and even send money back to the original senders if need be.

Insurance is pointless though, rather have an escrow.
3549  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin wallet be copied or cloned? on: December 11, 2017, 03:31:31 AM
Would be a tad more helpful if you were to put out the TX ID  for the transcation that you're talking about, would be a bit easier for all of us here to pinpoint what you're looking at. But back onto the quesiton, no, a wallet can't be copied or cloned (given that you've encrypted it and ARE THE ONLY ONE THAT CONTROLS THE PRIVATE KEYS) But I don't fully know if I understand what you're saying here, was this from an exchange wallet or--?

Personal wallet? I'm a bit lost.
3550  Bitcoin / Bitcoin Discussion / Re: Lightning Network + Amazon on: December 11, 2017, 02:55:22 AM
Amazon is a major globlist organisation, and they want to create their own world currency. In my opinion, the only reason that Amazon would accept Bitcoin is to suck the coins out of the market.

They don't want to make their own currency, they want to make as much money as possible for their shareholders and Bezos (who is also a shareholder) They have no issue with Bitcoin, if they can use it to make more money then so be it they'd go ahead and use it.

I don't see a need for Amazon to even try to use a lightning network, everything on there is working fine as of now. The only reason they'd do this is if there was data showing people aren't using them due to not using a network like this, not supporting bitcoin transactions on their site, and so on and so forth.

Businesses don't change to be nice, they do it for the money and the MONEY ONLY.
3551  Bitcoin / Bitcoin Discussion / Re: Bitfinex, the market mover, HAS to be insolvent.... on: December 11, 2017, 02:24:16 AM
With claims like this surfacing and the problems that BitFinex had in 2016? I'd avoid them all together, Gosh people still come back to an exchange that got 'hacked' then continue to work with them through these problems as well. I'd pack up and go, leave them and find another exchange.

They'll probably go under at some point due to the issues with USDT, but until them just use another exchange. They're not the only ones out there, and they're sure as hell not the exchange that I would think any right minded person would pick.

3552  Bitcoin / Bitcoin Discussion / Re: Quantum Computing on: December 11, 2017, 01:49:18 AM
Well the thing here is that Quantum computing isn't at the point where it would be to destroy Bitcoin due to the fact that the tech isn't there yet, but once it is there I do know that there would be people here (myself included) that would support measures to protect Bitcoin against quantum computing attacks (and such) on the network. As we would have to do this in order to have Satoshis vision live on.

It can destroy us, but we CAN stop it / delay it if we work together.
3553  Economy / Trading Discussion / Anyone use BitMex? on: December 11, 2017, 01:40:03 AM
I've seen a good amount of traders use it, as they're able to get a good amount of leverage on it but I've never been able to find any reviews on it. I wanted to know if anyone on this forum uses it, likes it, pros and cons (if ya could) and let me know if there are any alternatives for people that are in the USA and can't use Bitmex.

Thanks!
3554  Economy / Trading Discussion / Re: Where can I find a list of bitcoin brokers on: December 11, 2017, 12:30:37 AM
There are some pretty high volume brokers if you're going to need such a service, as I do think there are placed like GDAX (owned by Coinbase) which is going to easily allow you to go through all of your identity verifications fast and then if you were to call them and explain the nature of your sale they're going to increase limits and let you sell.

I'd check this out if I were you, as I also don't know what country you're in - http://www.bitcointradingsites.net/brokers/

Goodluck! Make sure to check fees and identify verification stuff before you sell as well.
3555  Economy / Economics / Re: Threat to Crypto Currencies on: December 10, 2017, 09:21:28 PM
They are already doing it. Some governments have announced that they will issue their own cryptocurrency and many banks are behind some crypto. In that way, many alts can be threatened but Bitcoin is different because it has a limit of 21 million coins to be issued and because it is decentralized, so it has something to offer that the other cryptos can’t.

For me, governments and banks issuing cryptos is not as dangerous as most of the G20 group countries passing a hard ban on bitcoin.


No it's not, there's only a few countries (Venezuela, and maybe Saudia Arabia) announcing that they're going to be issuing their own digital currencies, but this doesn't mean at all that it's going to be used by the people at all. As we can't be FORCED to use it (unless they change their official currency to the crypto one, which they wont)

The biggest threat is government regulation, they can screw us all over with some taxes and regulation which is HORRIBLE. They can make all of our lives a living hell in the snap of a finger by a government bureaucrat.
3556  Economy / Economics / Re: High prices mean even higher volatility on: December 10, 2017, 09:03:02 PM
High prices aren't going to help anyone, and it's the thing that's pretty shit. Like yes, it may end up helping out the miners and the people that are trading. But in the long run for Bitcoin it's not going to help the people that have been here from the start and want to see Bitcoin survive and thrive through these times. We want to see Bitcoin used by companies, people, etc. We like that the price is up, but does it do anything for us? No.

More volatility is going to kill us, sadly.
3557  Economy / Economics / Re: Crypto Currency related to insurance & medical on: December 10, 2017, 08:35:18 PM
Patientory is one of the projects in healthcare industry, though we still cannot see any development regarding the software yet I believe it will be valuable both as a coin and project.

Nothing that is an altcoin (besides ETH, XPR, some of the top ones) are going to be useful in the least. And while I do think that the blockchain can open a new world for SO MANY different things in the world, I don't know how it would relate to healthcare in the least -- nor do I know how a shitcoin could help healthcare either. It just doesn't make sense in the least.


I would love to see some hospitals accepting Bitcoin, but yet again, I doubt that it'll happen.
3558  Bitcoin / Bitcoin Discussion / Re: long term on: December 10, 2017, 07:58:50 PM
All of the traders that are joining in right now are here for the short term, they want to see VERY big gains in a very short amount of time. That's me saying that I doubt they care for the long term, that means that they're going to sell once Bitcoin hits a certain price point for them (be it to capitalize on their gains, or to limit their losses)

I know how some can see the 21m volume point as something to look forward to, but I highly doubt it's going to help. Think about it. All of the fees are going to be created from the people  and that's going to be a pretty penny if the miners get their way. With that said, I can't see people wanting to get into using Bitcoin if the FEES are insanely high.

We'll see I guess.
3559  Bitcoin / Bitcoin Discussion / Re: [APP] CoinAlgo - Advanced Cryptocurrency Alert Platform on: December 10, 2017, 07:42:00 PM
Just a quick note, I am looking for BetaTesters here, as well as users that will be willing to share their experience/feedback.

I'd be up for this, this seems like a pretty good idea and the website is nice. So that's always a plus.

I'll be signing up shortly and seeing what this is all like and about.

Thanks for this!
3560  Bitcoin / Bitcoin Discussion / Re: Why is bitcoin price so much lower on bittrex as oppose to coinbase/gdax/gemini? on: December 10, 2017, 07:15:11 PM
It's really just because of the differences in prices on exchanges themselves, which can be a way for people to make some quick money if they know how to play these exchanges. But more often then not, the problem is that by the time the money gets there (your bitcoin gets there) the price has already stabilized on that exchange and now you're just sitting around. Plus you have to eat up your losses on the INSANE tx fees right now.

So yeah, exchanges set prices. Each individual one averaged out is what PREEV ends up showing us (or other sources)

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