Banks are nervous because bitcoin is in another dimension. Bitcoin now offers more favorable conditions to attract capital. Banks have nothing to do with it can't they understand that soon they will begin to experience a lack of deposits. To attract bitcoins they can't because they don't know how to apply them in the real economy.
banks also taking advantage of this mate as they are the recipient of the earnings some of them are just pretending that they are affected but they are not as bitcoin holders will also exchange this to fiat and the best option for me to convert my btc is to send it my bank account. Banks are nervous just because people are rushing toward this mighty coin because it acts in both way currency as well as investment the people wo put their money in banks and banks use their money and then return a small profit to them where a bitcoin gives maximum and it keeps in increasing its profit margin and people are using bitcoin instead of banks and this the alarming condition for the bankers. |
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How I think not in this year and during some years, in this year bitcoin got unreal popularity, no one from others crypto currencies have same price and same popularity, in the future anything could happen but if that crypto currencies will be same stable like bitcoin during some years.
This will never happen because bitcoin has set the trend about the crypto currency and It is the most valuable and most used digital con of this time all other coins are lagging by very large margin so that it never can be filled and those who are thinking that it will happen lol for them because the king of crypto will remain king because people only know about bitcoin and no other coin will surpass this mighty coin. |
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Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost. [IM G]http://i64.tinypic.com/dh4xx.jpg[/img] Source: ( https://coinmarketcap.com/charts/#dominance-percentage) Any ideas about why this is happening? IT might be because that people are now starting to believe in bitcoin in a way that it is becoming more palatable than other cryptocurrencies just because of its longevity and that it is still higher than some of the other currencies. It might also be that the influence and popularity of bitcoin is spreading. This is no doubt a very good news for all those who are having bitcoins in their wallets and it will help bitcoin to earn a very good reputation in the coming days. Bitcoin is indeed a very good thing. We only need to understand this thing and we need to learn more about bitcoin. With each passing day, the number of people investing in bitcoin will be increased because more people will be knowing about bitcoin and it will help bitcoin in earning better name. |
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Im sorry to be the one to say you this, but you are 1 year into cryptocurrencie and you havent learned how to get bitcoin, are you real or you just joined a forum or some place to watch, because its impossible you not being able to earn some satoshis along 1 year... currently if you do any of the free ways, faucet and captchas... you would get atleast 0,05 bitcoins accordingly your free time. If you had invested and loose your money into trading or gamble its another issue.
Exactly that's what i mean, i've just discovered my old wallet and found 0.02 out there and the amount actually i've got from faucet or typing chaptha which is very low when bitcoin was 300 dollars I'm surprised now it equals to 120 dollars due to the price is skyrocket, to op I'm advising you to do what you can do to earn bitcoin if you have a skill like programming or design then sell your service here, there are so many things that you can do to earn bitcoin according to your skill. I think only a fool who can not get anything within a year playing in digital currency, but there are many opportunities from starting to gamble, follow the campaign, contest, open the bb design and many others, either he is stupid atrau just pretending to be stupid to have threads that have many visitors in it. yes we just see the continuation of this thread leads it I am very much surprised that there exists someone who is into the world of digital money since one year and still he is not having any single penny. This is really a surprising thing for me and I am not willing to accept this thing. You can even earn a very good amount of money if you do nothing. You can join signature campaign or some other kind of campaign and this will help you earn a very good amount of money. |
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My country still does not accept bitcoin as payment however there are apps that exist that converts bitcoins to my country's local currency. Through that existing app, we are able to use bitcoins for different transactions.
My story is not much different from that of yours. There is no place there in my country as well where I can pay my bills with giving away my bitcoins. On the other hand, this is really a good idea to pay your bills with bitcoins. This will help the ones who are having bitcoins in their wallets to pay their bills by giving away your bitcoins. This will help in wiping out the existence of paper money from this society. |
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Hi,
I'm just new to this forum.
What do you think of the future of all Altcoins?
I think only the good coins will survive..
Some altcoins have futures and some apparently do not. The reason why some altcoins are still in the market now is because they are just good for pumps and dumps and once people realize that coins like this are bullshit, the better they would be staying away from them. However, so many coins are really going to make waves next year and it will be an awesome ride. |
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You can make money through CryptoCurrency in many ways like trading, replying bitcoin related post, and by a member of signature campaign. Another method is your can hold your bitcoin at bad time and sell it in when it price become high
I believe the services section in Bitcointalk can really help out a lot, you can find a job there to do. Next is Signature campaign which is the reason about almost 80% of the people are here. It doesn’t just end in the forum, you can also get a bitcoin job outside of the forum. Even big freelance companies online like Upwork and the rest of them. Now have Bitcoin jobs available. |
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So a friend of mine was trying to withdraw a certain amount of coins from Bittrex (around 1 BTC) and was faced with the need to now become verified on Bittrex to withdraw anything above 0.025BTC (accounts created prior to the 1st of August have a limit of 0.025BTC, newer accounts have 0 (lol)).
I don't know how many of you use Bittrex, if this is old news and just a copycat of another topic, but I felt like it needed to be put out there.
This is what they state:
"Due to the large number of leaked username and password databases, we are making changes to withdrawals to limit the damage of unauthorized access to your account. This is not a substitute to having strong and unique passwords, protecting your email account, and having 2 factor authentication on your Bittrex account. Bittrex strongly encourages you to have 2 factor authentication. "
Ok, I'm all for security, but if people dealing cryptos are stupid enough to put qwertz1234 as their password and not enable 2FA, it's their own fault for being stupid.
Then comes the fun part (all from their support section):
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"Withdraw Limits
1. If your password has been changed, you cannot make a withdrawal for 24 hours
2. If your account does not have 2FA, you are limited to withdrawing up to 1 BTC (or equivalent) per day ==> wtf, I had 2FA enabled forever yet my limit is 0.025? So with less security you have a bigger limit. Wow. Much sence. Very secure.
3. Please check below to see what limit your account falls under.
Unverified Accounts created before 08/01/17: 0.025 BTC (or equivalent) per day ==> Hey, I mister miseeks, look at meee
Unverified Accounts created on or after 08/01/17: 0 BTC (or equivalent) per day
Basic Accounts: 3 BTC (or equivalent) per day with two-factor enabled. ==> I'm fine with that
Enhanced Accounts: 100 (or equivalent) BTC per day with two-factor enabled"
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So I go ahead and enter some bogus name and address in their basic validation form. Hey, you can't blame a guy for trying: no official document is required for a basic account and nothing on their page states you have to input correct information (or I missed it). I click on the apply button and it says "verifying public records" or some other shit. Obviously, their results turn up empty. But oh wow, I can't even re-apply for a basic account with "correct" information. The only thing you can do from there is get an enhanced account where you need to take a selfie of yourself etc. Which is exactly what I, and any person involved into cryptos, don't want. I don't know the people at Bittrex.
Trying not to cringe...
Now, ok, I probably fucked myself I guess. But still, this poses a number of questions:
1. For one, I have never received notification from Bittrex that at some point in time, I would have to upgrade my account or be limited to 0.025 BTC a day
2. What public records are they looking up to check your info? What if I'm not in the public records they query? Imagine you have 2-3 BTCs on there that you can no longer withdraw
3. What happens if you unintentionally misspell your name or address?
4. Even if I get verified, take a nice smiling picture of myself and send over all my info, what guarantee do I have they won't use my information for other purposes? I tell you: not a single one! I don't know the people at Bittrex, and if a company I deal with starts to just change their T&C like that, stopping me from having access to my funds, you sure as fuck can't trust them.
I already knew you couldn't trust exchanges, but I thought this should be pointed out (again). Everyone should leave Bittrex (or any exchange for that matter) and stash their coins in their own wallets at home.
I know some or a lot of you will go ahead and say "big deal, just get verified and be done with it". Fuck no! This is not what the cryptos where made for. And at the very least, Bittrex should have communicated, which they haven't, and they should have made their due diligence and let people withdraw their fund before implementing all this BS. I'm sorry but this looks like a hostage situation or a play to identify everyone. Call me paranoid if you want, but their leverage is very simple and efficient: either you give them all your info or say bye bye to your coins and deal with the pain of withdrawing small amounts every day, for which you will of course pay the fees every time :-).
Lucky me, I only have like 0.06 BTC on Bittrex. I have opened a support ticket on their support page, no reply in 24 hours...
I totally agree with you that effective communication to users is very necessary and everyone should be very well informed heads on before even being a user. Although, they are just trying to find a way to just assist some stupid guys like you said who are careless about their security protect their asset in a way but should not have been at the expense of the other. I have been using bittrex though and I really have not had any issue with withdrawal, although I just had to do the enhance verification, whatever! to at least get an easy ride. Anyone who isn't a trader though, should not really bother putting their funds in exchanges knowing what has happened in the past. But some of us just have to trade as well for a living, and so far bittrex just seems to be the best option. |
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What is the best coin to buy today? So many good coins.. sometimes I have hard time thinking what's the best coin to buy.
Of course still bitcoin is the best among them all in cyrptocurrency. Then Ethereum is the next one, Maid, Xem, Waves. Then if you want to buy an altcoin you must choose coins that always in the top 20 listed in the coinmarketcap. Bitcoin and ethereum are the most attractive and profitable coins of the day. Many people become millionaires due to investment in bitcoin in the past few years. I think there is no other business in the world which gives such a huge profit on investment like bitcoin while exactly doing nothing. The profit is generating itself. So in my opinion the best coin in the world for investment in these days in only bitcoin Most of the people in this day are investing in bitcoin because the value and market volume is very high than any other digital currency. Therefore I suggest investing only in bitcoin if you have enough money to buy some bitcoins. Other currencies are far behind than bitcoinearning money from those currencies will take a long time, and that is also not so secure and authentic as bitcoin is. |
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I prefer to use Bitcoin because every Bitcoin transaction is anonymous and does not have many problems. The Bitcoin market is of much interest to investors and early September the cryptoucrrency market officially surpasses PayPal.
I guess bitcoin is definitely better because it is a best way of getting money fast and as early as you can. You can also get money by selling and also can wait if the prices are low. Bitcoins worth keeps on increasing day by day and its value is already discussed a lot in the business world. So it’s a common sense thing to always go with the bitcoins. I think you have moved away from the topic. Bitcoins are amazing we all know but why it is different than PayPal, or maybe better is to say who is better. So I will go with your answer of bitcoins. Yes bitcoins are always on preference side. PayPal is quite lengthy and headache process so better is to adopt bitcoin over PayPal. Bit coin is much better than PayPal because bit coin services available almost in the countries of the world but PayPal services are not available to every country. More PayPal is just the way of transaction while bit coin is money. PayPal is not money, PayPal can be used like a bank which can transfer your funds from one end to other end but along with this facility bit coin can make you billion and also can be used for purchase of commodities etc. |
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There is never going to be a right time people always wait for the pricr to drop and then decide to buy the price falls and they get more greedy and finally it rises don't wait for tge price to drop is you have 0 bitcoins just buy it and hold it I'm sure you will never regret your decision the more you wait the more price will increase
True, at some point you need to take the risk, the price of bitcoin could always get lower or maybe not but the important thing is to get bitcoin now, you may be worrying about a few dollars but in the future when bitcoin is very valuable you are not going to care about that low amount of dollars anymore. I agree with you that the main aim should be to get bitcoin now at any cost. Generally it is better to buy bitcoin with low price but bitcoin is unpredictable and no one can predict accurately the nature of market that whether the price will go up or down. Therefore, I suggest to get bitcoin now because experts are predicting the price of bitcoin at the end of this year $5000 = 1btc. |
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People are saving their ass in places like Venezuela thanks to bitcoin allowing them to receive payments from all around the world. They can also sell good and services in the dark market.
Your fatal flaw is that you are assuming all governments in the world are "good" like on developed countries. Well guess what, a lot of people's life depend on censorship resistant tools such as BTC and Tor to survive, so stop selling this narrative of it having no impact on "the real world" be cause "the real world" includes the endless amounts of corrupt governments out there.
Eventually all countries will end up like Venezuela due hyperinflation due the fiat system scam and you will be sorry of your words while BTC holders become rich.
Essentially, you say that bitcoin is for anarchic situations and for extremely bad countries. That also means that for bitcoin to survive, the entire world has to look like Venezuela. That is your dream which far more unlikely to become reality than what I was saying - to let governments have control over currency. The role in real world which I was talking about is not about whether you made some purchases using your btc or not. The role is about playing nice with all other real world systems. Providing controlled visibility to authorities. Co-existing with the existing systems. Right now, if the authorities want to track a bitcoin payments to real people, it is much much harder than for fiat. That clearly shows that BTC has no intention to play nice with the authorities. Whenever you take a position against the law, governments etc, you are labelled as an outlaw, doesn't matter if your cult society recognises you as a visionary, leader or innovator. It is you against government. And your survival depends on knocking down all institutions that built over centuries. Right now there is 2X more negative news than positive news about crypto in general. This applies to btc as well. This happens because now authorities are slowly able to separate the anarchy-vision of the bitcoin from its innovation fame. From its philosophy and design, bitcoin has no scope for participation by authorities. So it is pretty limited to the law-less world - that is not the real world. Most businesses that accept btc now will stop it its price falls, and also due to hassle of record keeping, taxes etc. It’s not true that bit coin has no role in real world. Just tell me what you mean by real world. The use of internet is the biggest consumption of current real world and bit coin can be used through internet where you can buy and sell items through bit coin. You can travel through bit coin and the most you can sell bit coin in the real currency so I think the world is world, their no differentiation of real world and dream world. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
For me it is much better to invest than save your money in bank, you may save your money but not all, give some money to invest, if you invest there is a possibility to your money grow and this is the way to be rich. You are right that money earns money as well I would like to add that circulation of money is essential for increasing your money or for getting more and more profit from it. So investment ids far better than saving you precious money because if you save it then you will find no increase in tour amount. |
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I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.
This is the analisis I made:
On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd
On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd
On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd
Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD
That is amazing.
I wonder what are the new rich people doing right know? have they realised that they are rich yet.
For me not only rich people thanks to btc, also us like we need to say gratitude to the author or the creator of this bitcoin because of this technology many people all over the world have been benefited, economy rise and stock market continue to bloom.the rich people i know that they invest and joined in bitcoin is bill gates & mayweather and i think what are they doing right know is continue to bloom there wealth and enjoying the fruit of there labor and creating their own legacy. Most of the people who are rich because of bitcoin are those who trusted into bitcoin and keep buying them when bitcoin was damn cheap in prices. Those who even get to know about bitcoin a year back or two are undoubtedly rich people now. It is very simple to be rich with bitcoin, you just need to keep holding bitcoin in your wallet without doing any hard work and this is what exactly I am doing now. |
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I live in an economic crisis country and after I have paid everything I have literally nothing left. I had even to reduce my spending for food and rent a cheap apartment. I buy only clothes when I need them. Finally I live with luck from one month to the next and the burden increases yearly with higher taxes. If you go to demonstrate you will get beaten by the police!
I have similar condition in my country. People are really tired of paying high taxes and that too without any explanation. This is all because of corruption. The rate of corruption is very high in my country and we need to pay high taxes just to fill the empty accounts of corrupt, evil minded politicians. I am really feeling sorry for you because I can easily imagine your situation. |
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Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
In my own point of view,it can definitely address the economies number problem which is poverty. Once this burden be addressed then this alone improves economy of a certain country. Because in bitcoin, its purpose is to earn money, therefore it could solve problems of economy. If the citizens of a certain state will earn through bitcoin then definitely the overall economy of that state will flourish. Bitcoin is a good option for unemployed people who have good understanding of technology or even if they will simply read some articles related to bitcoin, earning it won't be a difficult task. Bitcoin is the solution to all the economic problems. |
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Why Should I Choose Bitcoin ??
It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :
1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
In my own opinion you should choose bitcoin because it has a higher value and it is an alternative way of having alot of earning for your future,here in this site you can earn alot of bitcoin if you keel on working hard to be on a higher rank and join a signature campaign to start earning. For many reasons, we must go into bitcoin. First and foremost that is attracting masses now, its ability to give huge profits in short span of time. Second, it can be transferred to any part at fast cheap rate with anonymity. Third, it is very secure and holder has full control over his wealth. Last one that I think is most important, bitcoin as well as the other digital currencies are the future of money. |
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government can not stop bitcoin
Bitcoin is a very profitable thing not only in order to make the owners of bitcoin but can also help in making the economy of the country better. There is no point of stooping the trade of bitcoin by any government as this will only take a very good opportunity from the people of that country. In fact government should look for the ways through which they can promote the usage of bitcoin. |
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The price of Bitcoin matters immensely, I cannot stress it enough. This means this is what the GLOBAL free market VALUES Bitcoin at which is a big deal because it's more than anything else right now.
There is no other thing which is more important than that of market price of bitcoin. In the world of bitcoin, those who are associated with bitcoin and invest in bitcoin, all their decision greatly depends on the market price of bitcoin. All my decisions related to that of buying and selling of bitcoin depends on whether the market price is less or more. |
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