Bitcoin Forum
May 25, 2024, 05:03:42 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 [21] 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 »
401  Economy / Economics / Re: I have 12 BTC in my Account, How should I invest this?? on: February 15, 2017, 09:38:21 PM
There are many old members in this forum that the price of bitcoin in this year will be doubled so it is better to hold your money into bitcoins because we  already see the price of BTC is always hiking.  But the decision is yours, for me is to advice so if you want to do trading like me then go because we don't control the time when you will win or lose.
its really good idea to hold your money into bitcoin because bitcoin increasing its price day by day and i think its very good investment and investment in bitcoin is not risky because bitcoin going to profitable currency.

The price of bitcoin is rising at a moment but there is no guarantee that it will continue to rise in future too and we may see price drop in coming years so in that case holding bitcoins can be really risky if I would be having 12 btc then I would be growing them with the help of trading and keep on selling part of them when price go higher.

Of course we don't know what would be happened with bitcoin price. But do we really know what would be happened with fiat currency? Does anyone would like to see the variability between his fiat currency and another one? Give a try here. May be you will be surprised from the result.
402  Economy / Service Discussion / Re: Would you rather use Paxful or LocalBitcoins and why? on: February 15, 2017, 02:57:21 PM
I have never used paxful but I have already use more than five times last year localbitcoins.com. I usually use the option national bank transfer and not only I had never face any problem but my transaction ends after  20-30 minutes at most. Once I used person to person but again my transaction was fine.
403  Other / Beginners & Help / Re: BTC wallet with interest? on: February 15, 2017, 02:13:42 PM

--snip--

Trusted wallets lick electrum, bitcoincore, blockchain and etc are providing interest to have bitcoin in your wallet. I have heard small wallet companies providing but its not seems like trusted source these kind interest providing companies involves in many ponzi schemes.

Really? electrum, bitcoincore and blockchain.info will give me interest? What is the way because I already use two of them!
404  Bitcoin / Bitcoin Discussion / Re: How would you store >100 Bitcoins? on: February 15, 2017, 09:53:31 AM
Recently, I read a very useful topic where the creator was proposing a guide with step-by-step actions it is called 'protocol' an individual can use to protect big amounts of bitcoin like that @OP is asking. I read this carefully and I found it extremely interesting but I didn't implemented it because I had must spent enough money to buy hardware equippment. So but I share it with you for every concerned user and maybe learn some things about security.
405  Bitcoin / Bitcoin Discussion / Re: is there a kind of Bank for bitcoins ?? on: February 14, 2017, 08:02:18 PM
Recently, in Austria a bank exclusively for bitcoin transactions. I don't know if this project is good or not but I just mention it. This bank belongs to the German group of Bit Trust.
406  Other / Beginners & Help / Re: how find job ? on: February 14, 2017, 07:35:34 PM
where can I find job related altcoin
I am new here
and to the senior please help

As you said, even though I can't understand the reason, you want to find a job related to altcoins. If you want to be paid with alts look at here. There you can find jobs payed, except bitcoin, with litecoin and dogecoin too. But if you want to deal with alts then you will find anything in the forum here.
407  Bitcoin / Bitcoin Discussion / Re: RogerKver invested $13k into a (ponzi)? on: February 13, 2017, 02:53:10 PM
This site at sure is scam and ponzi scheme. It seems to me difficult to invest a user with basic knowledge with bitcoin and doing a small research. So I do not believe that Roger Ver did a deposit. On the other side if Ver really wanted to play he is not fool to give his real name and email. He could create a new account only for this reason. But I cannot understand what is doing Roger Ver and does not react with  tweet or something else.
408  Bitcoin / Bitcoin Discussion / Re: We Have A Bitcoin City! Soon We Will Have Bitcoin Country! on: February 12, 2017, 12:22:21 PM
These are very good news. Maybe some already know it but in northern Switzerland there is small town its name is Zug which has begun to accept payments in bitcoin for certain public services from May 2016 as a part of a pilot crypto project. The municipality of Zug accepts the amount of 200 francs worth in equivalent of bitcoin. 
409  Economy / Economics / Re: BTC price should have risen after China froze exchanges on: February 11, 2017, 11:07:28 PM
People's Bank of China(PBOC) is very obvious. Whenever the bitcoin's price surges to $1000.  PBOC quickly do something to make bitcoin traders panic and sell their btc. So the bitcoin's price drops back again. But now it doesn't much affects the bitcoin's price this time. I guess their trick is not working anymore. Expect PBOC will intensify their actions against bitcoin.

No, I have a different view. PBOC does not look if bitcoin's price is more than $1000. Nowadays, has more and bigger problems but these are related to chinese upward trend to bitcoin but not only the price. That is, yuan was at very low last Tuesday and the the drop of Yuan was 6.6 percent against the price of dollar last year. This was the worst annual drop since 1994. The chinese currency has fallen to its lowest level the previous seven years. This drop made the investors to look for a better currency in order to protect their funds. So we saw this raw intervention from the PBOC which decided to forbid customers of exchanges to withdraw their bitcoin and ltc but let them to sell their cryptos and to withdraw yuan hoping that will intercept their citizens to buy bitcoins and ltc.


EDIT:Double post
410  Other / Politics & Society / Re: What's your opinion of gun control? on: February 11, 2017, 05:00:05 PM
I strongly disagree with the idea citizens to have weapons to their homes under the rationale that will protect themselves and their families. Unfortunately it has proved that this is not true when people with psychological problems or teenagers bloodshed workplaces and schools. The weapons must be held only by professionals (police officers, port authorities and military troops) but also when they demobilize should not be allowed by law to have guns at their homes. Ιf states want to protect their citizens must impose very strict laws for criminals and no let the victims to take the law in their hands.
411  Bitcoin / Project Development / Re: Glacier: A step-by-step protocol for high-security cold storage of bitcoins on: February 11, 2017, 01:05:44 PM
I have so few bitcoins, so as a hardware wallet is more than enough, but actually when I read the 'protocol' as you call it even though a little paranoid, without flattery I really impressed. I noticed that you have almost think all possible cases where is possible your equipment to be compromised or the data could be intercepted but if I'm not mistaken I did not see anything to protect the computer and smartphone screens from remote access that is a tempest attack. I repeat that maybe this is an obsolete security measure but this with faraday cages were some of the obligatory security measures, more than 10 years ago, when someone wanted to protect sensitive data stored in servers and computer screens were located in rooms with windows and maybe near public places and roads. So, I would like the @OPs answer in my comment
412  Bitcoin / Bitcoin Discussion / Re: Should governments allow people to pay their taxes in Bitcoin BTC? on: February 10, 2017, 10:16:19 PM
If it was an option in your country, would you pay your taxes with Bitcoin?

Or would that not make any sense to you at all, especially if you hold BTC as an asset whose value you hope to see increasing over time...?

I personally pay my taxes with EUR and will probably continue to do so even if I can pay with BTC



I live in Europe too and my country belongs to eurozone but unfortunately the tax office does not provide this option to tax payers so I use mandatory fiat money for this purpose; but if this (option) was available why not? I would go to pay when the price of bitcoin was high so I could have a good profit. The way I see it bitcoin is payment system first and then an asset. Thus, I cannot understand why I do not use it as currency; especially, if the law had given the opportunity to gain from the exchange rate?
413  Economy / Economics / Re: Build a Bank Of Bitcoin on: February 10, 2017, 08:09:43 PM
if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

Do you really believe something like that? Bitcoin and Bank has only one common. Both of them start with letter 'B'. But if you like the bank idea why not stick with fiat? If you like digital currency there is already a bank its name is LHV Pank which is the largest independent bank of Estonia. They did an experiment using cryptographically protected certificates valued 100,000 Euro using colored coins. They called this technology cuber. They also created a mobile SPV wallet. On the other side here is the satoshi's vision. If you read only the abstract do you find any similarity?
414  Economy / Economics / Re: panic selling on: February 10, 2017, 05:40:39 PM
Many people who lack understanding of the market and prefer to believe every rumor in the decision to sell Bitcoin that they had made it up because they are afraid of pricing conditions deteriorated but notice that the price of Bitcoin could rise again in the future.

Those people surely are not patient upon seeing the price to fall and they will do the same thing as those dumping people did. Because they fear that probably the price will go further to fall and they don't know too that it can do come back on higher price so instead of just holding, they do panic selling. I'm one of them before.

Panic Selling is the biggest drawback regarding Bitcoin, maximum people whom I know dump their Bitcoin as the price goes down more as usual. They don't understand it results in more price drop. In market if value falls, it has to increase again if its popular. When People will understand, this panic might stop.
Well it is really adding and contributing for the price drop but when that happens. It also makes those traders buys a lot of bitcoin and that makes the price to pump again. So when there are panic sellers, there are also panic buyers. And they are making the trades of bitcoin balance so we don't need to panic about it.

Exactly. There are so many bitcoin baggers out there waiting for this opportunity. There is no need to panic on selling bitcoin because at the end, the increase on its price is always happened. This is proven for over 5 years of investing in btc

agree with this but for new trader, they getting panic selling when they see the price is getting down and this is why the price is down to fast in the market. if they can hold it a little longer, then i think the price is not going down to fast and i think the price is hard to gets down.

The last two days it's a nerves war. Not only for a new trader but and for an experienced one who can feel the fear that he will loose his money. I am referring about the traders who have their bitcoins in OKCoin and Huobi . I don't blame them when the exchanges decide to suspend withdrawals of btc and ltc in order to comply with the chinese laws and regulations for a month. After that, how can anyone trust their coins to these exchanges again? Moreover is anybody sure that they will keep their promise? What if they decide to suspend withdrawals for another one month? So for these traders last days is not a panic selling but a survival one. 

415  Economy / Speculation / Re: Bitcoin Price Crashes as Chinese Exchanges OkCoin & Huobi Pause Withdrawal on: February 10, 2017, 04:40:34 PM
Without forgetting that they are going to apply fees (since they wasn't doing that before) and I personally doubt that this is a coincidence as Kraken was down as well and users experienced an 404 error page , It's probably more like a plan to drop the price.

Well it is kinda weird that this sort of news only comes out when bitcoin gets over $1050.

It is probably only a coincidence. I do not believe that the problem is if the price is more than $1,050 nor more than the psychological threshold of $1,000. Maybe I would be more surprised if there was a governmental intervention over the ath of 2013 where if I remember well the price was about $1,243. Actually is incredible how quickly and at what depth was the raw chinese intervention in order to protect yuan.
416  Other / Politics & Society / Re: Alex Jones and Trump on: February 10, 2017, 11:19:57 AM
Unfortunately, while initially I was supporting him because I thought that he was telling some truths it revealed that only talks about bogus conspiracy theories and I believe that he is controlled by the system itself. Also in cases where some of them he mentions are indeed truly I believe that their supporters want to see and measure the reactions of the people. More over I would like to ask if Alex Jones is Bill Hicks or not. So what is the truth? maybe alex jones is a fabricated identity?
417  Bitcoin / Bitcoin Discussion / Re: Bitcoin without Altcoin ? on: February 10, 2017, 09:00:26 AM
As I see it, anything has a value must prove it. The same with bitcoin. Bitcoin is the leader because can compete with the rest crypto coins and get out first. Of course, there are some alts with certain features better or missing from bitcoin but most users prefer only the bitcoin. Many of them have altcoins too, or they test it and return to bitcoin. This gives strength and credit to bitcoin. In addition one can use altcoins because have lower transaction fees, instead of bitcoin in micropayments. Thus, many users stay in crypto and use bitcoin for other reasons.
418  Other / Politics & Society / Re: What do you think in the future on DONALD TRUMP in his term of presidency ? on: February 09, 2017, 10:45:12 PM
i wanna know your thoughts ^^

Really maybe is more easy to predict the bitcoin price than the future actions of Trump but I will try.

He will redeploy the North Atlantic alliance with another role because believes that NATO must adapt to the 21st century (terrorism and ISIS).
Probably he will abolishes the economic TTIP agreement between US and EU, affecting about 850 million inhabitants in the USA and Europe, which represent 45% of global GDP. Likely to sign a bilateral trade agreement with the United Kingdom as soon withdraw from the European Union.
Gradually he will 'sabotage' the euro. Malloch may be the future US ambassador to EU had commented that euro is a currency that "not only is failing, but a real problem and could collapse within a year or year and a half"
He will improve the US relations with Russia. Trump said that he would overturn proposing the cancelling of sanctions against Russia, in exchange for an agreement to reduce the nuclear weapons.
419  Other / Politics & Society / Re: Negative effects of technology on: February 09, 2017, 09:40:21 PM
NEGATIVE EFFECTS OF TECHNOLOGY
1. Isolation
2. Lack of Social Skills
3. Obesity
4. Depression
5. Poor Sleep Habits
6. Pollution
7. Increased Bullying
8.Lack of Privacy
9. Lack of Privacy
10. Higher Level of Deceit
11. Warped Sense of Reality
12.Stress
13.Blackberry/iPhone Thumb
14.Lack of Social Boundaries
15.Lack of Social Bonds
16.Constant Distraction
17.Neck and Head Pain
18.Shortened Attention Span
19.Addiction
20.Lack of Empathy

Everything in the life is not only black and white

The positive contribution of technology

- Refreshes and optimizes working conditions.
- Significantly strengthens the health sector.
- Improves everyday life.
- More efficient utilization of natural resources.
- Dissemination of culture and strengthening the educational level.
- Free flow of ideas.
- More efficient intercultural and transnational communication.
420  Bitcoin / Bitcoin Discussion / Re: If omitted bitcoin? on: February 09, 2017, 08:41:05 PM
You cannot simply eliminate a technology that are decentralized. If Bitcoin was run on centralized servers, some government could have taken them down, but not Bitcoin. Bitcoin runs on 1000's of computers and cannot be taken down at the same time, these computers are spread globally.

The governments may implement strong laws or regulations, but people will still be able to use it globally. ^smile^
Trust me, if government really wanted to destroy bitcoin they would do it already. It may not be easy but it is doable.

1. If they would initiate a BTC ban and heavy smearing campaign, it would put off majority of people from using BTC.
2. They can't kill the network, but they can hinder it greatly. For example, gov can target ASICs manufacturers. Disrupt their business or try to force them to add a kill-switch to their products etc.


1. I would like to ask; When we speak about the government. Which one? The Chinese, the USA, the Russian or anyone elese, because till now there is not a universal government. On the other side there countries like as Switzerland which is crypto currency friendly.

2. No they cannot because they know that after every ban or a hostile movement bitcoin always is getting stronger. Only bitcoin will kill bitcoin and the governments as well as the banks know that. If bitcoin ecosystem will not find a solution in scaling issue then people will not use bitcoin as payment system but only as commodity in exchanges and markets. So fiat will have not any fear from this usage of bitcoin.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 [21] 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!