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381  Bitcoin / Bitcoin Discussion / Re: There is no doubt that bitcioin will be replaced by another cryptocurrency on: May 04, 2018, 01:47:15 AM
I had previously doubted that Bitcoin would be replaced by another currency. But my mind has changed. Because I see there are many other cryptocurrencies that the developers are trying hard to solve the problems in cryptocurrencies.  What about bitcoin? We don't know who are the developers and no effort is being made to develop it.
If you don't try hard, your rivals will win. Bitcoin's rivals will win too.


This is the good thing about Bitcoin compared to the Altcoins in which Bitcoin has no commodities that need to be advertise or promote this is because it already build a deep relationship with the people as the most promising crypto investments unlike Altcoins in which they need to develop, to promote and advertise their products in order to gain more investors. Now, i wonder what will be the future of Altcoins if the crypto advertisements banning will fully take effect on June? Therefore, it is very impossible that Bitcoin will be supersede.
382  Bitcoin / Bitcoin Discussion / Re: This address has $18 billion... on: May 03, 2018, 10:26:48 PM

I think you are just trying to ask about the figures is for real? In which this is not yours that this is belong to other person or organizations. This figure is for real in which anyone can own this much Bitcoi, most likely the exchanges, the big whales and of course some billionaires who invest in Bitcoin currency. There is just a normal thing but this is enough to manipulate the price in the market.
383  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you holding EOS? on: May 03, 2018, 11:55:52 AM
The best strength of EOS is the people behind it. Though being new, it is backed by popular figures in technology and a active team of researchers.
It has achieve more in just a year what other of it's alternatives are trying to achieve for years, namely NEO and NEM. And is much better than it's mother Ethereum in all ways.

Just starting to know EOS as it was affiliated to the new bounty campaign UNCLOAK https://bitcointalk.org/index.php?topic=3384452.0 so i guess i will start to buying, keeping and holding this coin too as i see it was also belong to the top promising Altcoins specially if UNCLOAK project will be a success.
384  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ANN[BOUNTY] BITNATION - World's First Decentralized Borderless Voluntary Nation on: April 24, 2018, 10:43:53 AM
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385  Bitcoin / Legal / Re: Japanese Goverment Reviews Proposal to Legalize Initial Coin Offering(ICO) on: April 24, 2018, 04:02:39 AM
Will help to take price up again?

It will be more helpful as more investors will not be hesitate to pour their investment in joining ICO investments in Japan because when it will be legalize then for sure all ICO will become legit and regulated because of the strict requirements that will be apply during their application process so that they could legally facilitate an ICO projects in the country. This is a good move of Japan that other country may follow.
386  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will other coins beat bitcoin in the future? on: April 24, 2018, 01:33:37 AM
So guys, what do you think about investing in different icos? I think it's a good idea. We never know which will take the lead in the future. Please help me and give me good suggestions!

It is good to invest in Altcoins especially in Ethereum but the truth is no other coins can surpass Bitcoin not even to equal it. Bitcoin price value in the market is now very expensive to purchase that is why it is good to shift to Altcoins while the price is cheaper than Bitcoin. Try Ethereum in which like Bitcoin it is the most promising of all Altcoin investments as the platform was commonly used by most of the ICO to support their projects so therefore the demand of the Ethereum is strong too.
387  Alternate cryptocurrencies / Altcoin Discussion / Re: SELL ALL YOUR FIAT AND LIVE 100% CRYPTO!!!! on: April 23, 2018, 10:01:24 PM
A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?



I wonder how they survive the latest ultimate dip in which the Bitcoin price from $19,800 is down to $6,000 and still they could enjoying travelling around the world with those luxury expenses with expectation to earn up to 5X from their remaining Bitcoin assets. If you gonna say that they able to sold it @19,800 maybe you should paste the links of the story or else this topic will be just a hearsay because for me what they have did is risky.
388  Economy / Trading Discussion / Re: Risk Management on: April 23, 2018, 11:18:23 AM
Risks are inherent or always there whenever we talked about investment especially Bitcoin and the whole cryptocurrency community. But how do you deal with these risks? What are your experiences or even techniques in managing risks? In minimizing risks or even eliminating it?

The higher and faster you want to earn is the higher you will need to take the risk therefore if you want to eliminate it then you don't want to earn big earnings in the fastest way because you are afraid to face the risk so better to minimize the risk than eliminate it to do this you will just invest what you can afford to lose but you should understand that the safer an investment, the lower the chances of making high returns.
389  Economy / Speculation / Re: BTC Approaches 9k! on: April 23, 2018, 09:14:21 AM
Bitcoin may be over 10K in a short time, and the market investors seem to have reached a consensus that bitcoin has been revised in the past few months in the hope that it can stabilize at the end of the month at 10K, and in the next month bitcoin and altcoin will have a chance to hit 20K, because the 2018FIFA world cup is coming......

Sooner or later it will probably hit the $10,000 before this month will end because this was predicted by the most of famous expert that by the 2nd quarter we will expect a bullish run of Bitcoin value and also if this will happen i believed that the big whales are now working to pump the value so all we need is to ride with them buy buying Bitcoin as much as we can then hold them and expect an another price pump by next month.
390  Economy / Economics / Re: Panic selling can contribute to bitcoin price going down? on: April 23, 2018, 12:25:30 AM
I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.

Panic selling is the main reason of Bitcoin price to fall down. It will happen if some occasion will trigger it like big whales start to dump their investments, banning of crypto currencies, price corrections and some FUD. In order to counter this panic we should help one another to keep holding our coin and keep buying the dip, in these ways we could convince the others to not sell their coins.
391  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Ever Be Shutdown? on: April 22, 2018, 10:44:59 PM
I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

Absolutely yes it can be shutdown like if we are having disasters, wars or crisis then everything that related to the Bitcoin network processing  will be shutdown or will be affected like the electricity, communications and internet connection. Without these tools Bitcoin will be gone.
392  Economy / Speculation / Re: Bitcoin market has already hit bottom for 2018 on: April 21, 2018, 12:48:24 PM
Bitcoin is like the Internet in the 80s. This technology’s going to work. It is going to be game changing, but it is very early days so we can have this massive volatility. Bitcoin market has already hit bottom for 2018 and that there is nothing but upside from here on out.
What do you think about it?


Indeed! In talking of market price value I believed that Bitcoin bottom price for this year has already reach at $6,000 in which it will never go below beyond that price anymore so therefore it is time for us to expect Bitcoin will reach the top once again as we see the Bitcoin price is now continue pumping up and we just hope that this market rising up is what we are looking for in which it will hit the former ATH again.
393  Bitcoin / Legal / Re: Significant Trade Volume Triggers Localbitcoins KYC Requirement on: April 21, 2018, 05:27:19 AM
Bitcoin users are frantically searching other exchanges today that don’t require Know-Your-Customer (KYC) verification. A post on the Reddit forum /r/bitcoin on April 17 showed a picture that stated a Localbitcoins user’s trade volume was “significant” this past year, and the trader had to verify their identity in order to keep trading.

The picture reads:
Error! Your trade volume has been significant in the last twelve months. Please verify your identity to continue trading.

Localbitcoins does use a verification process but it’s never really been enforced, although some believe more traders will trade with you if you are verified. Much like the rest of the exchanges out there that do require immediate verification, Localbitcoins uses an ID service called ‘Netverify,’ created by a company called Jumio. Basically, the user uploads a picture of both sides of their license or state ID and in a few minutes, the platform reveals if the identification is a legitimate or not.

Source: https://news.bitcoin.com/significant-trade-volume-triggers-localbitcoins-kyc-requirement/

Yes it will really trigger because massive conversion from Bitcoin to fiat will be a security alarming specially if its involve a huge amount. Know your costumer (KYC) is much really needed to ensure the safety of this high trade volume to determine if is not connected with money laundering. If these traders are legal people that they have nothing to hide illegally then i think there is no problem regarding of being a KYC compliant. Although a delaying process for a trade but still it will be for their safety as a traders too.
394  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Any chance market bounce back to where it was on: April 21, 2018, 02:21:12 AM
For 2 months, market is not consistent. In the past, I have seen worse but the market bounced back well. The current scenario is so weird for me. Almost all the currencies, I have been holding has fallen to where it was when I bought. Can the market ever be back? Im a part time miner by the way.

I think it will because the market is now pumping for almost 2 weeks in which all top coins are rising up. We will just hope that this will continue and the start of what we are really looking for in the market is now at hand. So better we keep on holding and buying these coins to help the market to rise up more and bounce back to where it was.
395  Alternate cryptocurrencies / Speculation (Altcoins) / Re: New Bull Run? Market Cap rises +3,4% daily (+8,5B/Day) for 12 consecutive days!! on: April 20, 2018, 10:41:14 AM
The bulls are here to stay. Leading the pack is Ethereum which has already gained 42% from a few weeks ago! And its projected to rise even higher back up to $1000+. I've been telling everyone to buy Ethereum during the dip and those who have listened have been rewarded.

Congratulations to all holders! Just keep hodling and we will soon reach new all time highs!

Too early to celebrate because we don't know if this is just a temporary pump in which it might to fall again anytime. Better if we wait for a few more days or weeks to ensure that this is the pump that we are waiting for because i was already used to this temporary market pump that later on it will fall down like riding on a roller coaster in which it just makes me more in doubt.
396  Economy / Speculation / Re: Bitcoin Finds Support At 8k on: April 20, 2018, 04:22:23 AM
https://www.coindesk.com/bitcoin-bounces-back-from-sudden-dip-eyeing-move-to-8400/

After dipping slightly below 8k, Bitcoin seems to have bounced back over easily today. This is huge as many were concerned that that it would struggle to find support at its highest point in a while. Everyone should be expecting a minor step below 8k anyways. This is just a minor correction as is normal with this type of growth. This will be a good time to load up and play along with the natural growth cycle.

Good Luck Traders,
The Elysian Team

Many of us have observed that it was really stick to this value and did not fall again in which Hopefully that the pump that we are waiting for will start to this new average baseline so that we could start to acknowledge that the market will going to become healthy once again as this will slowly to attract more investors in the coming days.I just hope that the future banning of Crypto currencies advertisements will not affect this developments as it will delayed the pumping process once more.
397  Economy / Economics / Re: Earnings without risks for beginners on: April 20, 2018, 02:31:37 AM
If you wan't to earn here at crypto world without a risk,  better join bounty campaigns and airdrops for you to play safe and earn. 
Even in bounty campaigns and airdrops also have risk because you are giving your time and effort and when the time comes that they did not hit then you don't also have token, or you just wasted your time, we are surrounded by risk here we should just have enough knowledge and guts to win this battle.

Indeed airdrop, bounty, and also faucet are good for the beginners who have nothing to invest but still time and effort as the sort of their investments might be also at risk and be wasted if they did not check well the facilitating sites or ICO because nowadays all potential earnings are also potential to risks. So therefore they must check the ICO all the times to avoid to become a victim of a scam project.
398  Economy / Economics / Re: Do you agree? on: April 19, 2018, 10:36:46 AM
According to CCN, Bitcoin prices will probably climb after April 17, when Tax Day in the United States is over. That’s what Fundstrat co-founder Tom Lee, a noted bitcoin bull, predicts.

If this is true then. Better buy some bitcoins now as long as is it low. Goodluck guys !

Source: @cryptomeren

EDITED
BULLISH RUN IS COMING AS THEY PREDICTED!
It was early for now ! Hope it will consistently pump 😁

Well, i don't see any huge progress in the market in which the Bitcoin was now at $8,000 from $7,600 during this post but anyway the market is stable in this new base line value and we will just hope that this prediction of after Tax day pumping was just delayed and will take effect sooner or later. This prediction is also better than spreading FUD in which it will just make some investors to avoid this investment.
399  Bitcoin / Bitcoin Discussion / Re: You've been scammed. What you can do ? on: April 19, 2018, 07:27:06 AM
So everything is in the title.
What can you do when you have been scammed ? what are your possibilities to recover your funds, I mean here in the community, excepting going and report to the police.

 If you are just investing in your place then it will good for you because you can ask the help of the authorities to arrest the people who faclilitate it and win justice but mostly your money will never be return to you because they might already hide it. Then if you have been scammed thru internet site then there is nothing you can do but to charge it to your experiences and learned from it because that is the most difficult situation in which you invest to that site like fake ICO with the true identities of the facilitators are unknown. So better to review carefully the investing sites to avoid to become a victim.
400  Bitcoin / Legal / Re: Not Declaring Bitcoin Income on: April 19, 2018, 05:32:53 AM
I am sure in my country the Government cannot trace the people who benefit from the Bitcoin transactions. Bitcoin is highly transparent and very difficult to trace when we have made transactions with Bitcoin.

Every government can trace Bitcoin transaction if they will regulate it by controlling the local exchanges in which we convert our Bitcoin to fiat. Our local exchanges is KYC compliant in which they are required by the government to screen out their clients by requiring them to submit government issue ID and legal documents in which if they will not follow then of course the local exchange cannot allow to operate. Therefore everytime we will convert Bitcoin to fiat it will be monitor by the government specially if Bitcoin is legal in the country.
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