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4221  Economy / Economics / Re: Are cryptocurrencies better than regular currency on: July 13, 2017, 03:26:43 AM
For me they have a lot of differences in which they have their own advantages and disadvantages. To keep it simple I think that with Bitcoin's volatility it can be considered as more profitable compared to FOREX, while Fiat currency on the other hand is more better than being a medium exchange because it is more stabl and it does not lose its value quickly compared to Cryptocurrencies. Both can be better than another just on different categories.
4222  Economy / Gambling discussion / Re: 2016/17 NBA Season on: July 12, 2017, 11:48:54 PM
Kentavious Caldwell-Pope has agreed to sign for $18 million on a one year deal with the Los Angeles Lakers. It's the one position they shorte and they will be needed to fill. As a 2-way player, Kentavious adds just what they needed at SG to complement Ball in the backcourt. The Lakers desperately needed defense and 3-point shooting, and Kentavious brings that. In addition, his contract is the perfect fit with the Lakers current rebuilding plan. He expected to have a much longuer deal but Lakers have no time fir long commitment as a 4 year deal will codte them somewhere around $75 or 80 million.


Kentavious is not a big deal to me. But well Lakers today isn't the old one anymore, old players are legends and they can't replace those players that had resigned before and having some rest now.
I think Kentavious Cadwell-Pope is the Best Player Available in the Free Agency. Althought he is not a mainstay for Lakers he would be a great addition to the young core's development. Also KCP can act as a cap filler in which the Lakers need in order to maintain the cap limit of the League. Althought stats does not show everything he is a solid defender and a great 3 pt shooter. I really think that Lakers will pursue big free agents in the 2018 free agency with this 1 year deal.
4223  Bitcoin / Bitcoin Discussion / Re: [BREAKING NEWS]: Wall Street Predicting Bitcoin To Hit $55,000 In 5 Years on: July 12, 2017, 10:37:48 PM
We always see this strategist and analysis in the news it is something to have some kind of entertainment in their part. Another scenario I see is that this man is hyping up Bitcoin because he is holding some of it and maybe his friends as well, this has happened in the past and will happen until now. So from my perspective even if he is an analysts we still want to do our own research as it is much safer and will create less bias for Bitcoin.
4224  Bitcoin / Bitcoin Discussion / Re: Why do males make up 97% of the Bitcoin community? on: July 12, 2017, 12:58:57 PM
I agree with the date being inaccurate because how could you know the demographics of Bitcoin users if Bitcoin itself is hard to detect all its transactions? I guess that this percentage of males dominating Bitcoin is just a guess or an assumption maybe they have a survey of asking the first 100 people who are using Bitcoin and it just happened 97 of those are male. Also in real life experience I know a couple of friends that are girls who use Bitcoin.
4225  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] DIMCOIN The Future Of Equity on the Blockchain on: July 11, 2017, 02:51:11 PM
do we received coin or token?
As far as my website understanding is, you are buying the tokens in the ICO in which is cost 1$ per 1 DIM Token. Also 1 Dim Token will be equivalent to 100 DIMCOINs that will be worth 1 cent each. So better hurry as the worth of total investment is 4,692,000 and counting which is a lot for a dollar equivalent value. The ICO currently holds 3780 participants with still 4 and half days left.
4226  Bitcoin / Bitcoin Discussion / Re: Energy provider in Austria accepts BTC as payment on: July 10, 2017, 10:37:58 PM
Great news, does it state the reasons why?

Accepting more forms of currency like this can only help businesses, but I have a feeling that when companies start accepting BTC, it's because a high level exec is invested in Bitcoin and pushes it through.

Like I say, this isn't a bad thing, as it's win/win for everyone, but would like to know the reasoning behind it.
Well that can be one reason but I don't think accepting Bitcoin as a mode of payment for your utility bill will help influence the price that much. Its not the policy change we are looking for but for the increase of users. I don't know if people will convert their Fiat Currency to Bitcoin in order to pay the latter. It is only a matter of what they are paying, as a smart or practical person won't pay using their Bitcoin because it is a form of investment right now which has more value than Fiat currency.
4227  Bitcoin / Bitcoin Discussion / Re: Why BILL GATES do not USE Bitcoin? on: July 10, 2017, 03:11:15 PM
I don't know but when it comes to investment the billionaire that will always come up in mind is Warren Buffet in which is known for investment techniques in a variety of way from stocks to real estate he knows it all. Right now I don't see any news of Warren Buffet related to Bitcoin, or at least him voicing out his idea on it. Bill Gates on the other hand is totally invested in his company which is Microsoft in which he is currently focus on getting some market share away from Apple's Mac for his Surface Book Laptops.
4228  Economy / Economics / Re: Selling Bitcoin = Opportunity loss?! on: July 10, 2017, 01:51:12 PM
Yes, selling bitcoin can lead to a possible loss of profits. Those who were among the first and did not sell their coins today are at least millionaires. You need to keep your coins for the future.
Minding your statement, you are missing a lot of key points. You will only incur loss if and only if you sell your Bitcoin at a lower price when your bought it, so their is no point of being millionaires in order for you to identify who really have gained profit or not. In fact if you are a trader you are not expecting your trades to be always in the millions (that is depending on your investment capital). Well other than trading their is a much safer way to profit and that is investing but the downside is it will need more time in order for you to see a bigger gain.
4229  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Ethereum a threat to BTC??? on: July 10, 2017, 11:05:54 AM
I am sure that Ethereum is Bitcoin threat because big investors are moving to Ethreum more and can participate in ICO projects easily without spending too much money. I think if Bitcoin does not soon add new features then Ethreum will overtake Bitcoin by 2020
I don't get the part of Ethereum investors on participating on ICOs projects easily. Isn't it the same for Bitcoin investors on selling / exchanging their position in exchange on participating on ICOs? Well if you continued in my logic or the logic of trading all cryptocurrency can be traded to one another in order to arrive at what you want to buy. So I don't think that Ethereum has that advantage alone all cryptocurrency including all altcoins can participate on ICOs one way or another.
4230  Bitcoin / Bitcoin Discussion / Re: Localbitcoins looting the money on: July 09, 2017, 10:27:37 PM
I think that is how they make money in the first place. Mind you that this is a business but what I don't get is why there is an incoming fee which is irregular thing to had. Because you are like depositing them your Bitcoin which is part of the steps in order for you to use their system. With that being said I think that they are abusing their power in having several fees in order to make money out of the customers.
4231  Economy / Economics / Re: Long term OIL on: July 09, 2017, 02:30:04 PM
The US has indeed been flexible with sanctions, if they possibly have an impact on oil price. Except Iran, other oil producing nations have got away with wide range of violations. Now, it seems that Venezuela won't be sanctioned too.

https://www.bloomberg.com/news/articles/2017-07-07/white-house-is-said-to-be-unlikely-to-sanction-venezuelan-crude

It seems like the opposition will soon topple Maduro in Venezuela. So Trump is waiting for that. Anyway, I really doubt whether American sanctions will have any impact on the Venezuelan oil production. The petroleum industry there is nationalized.
From what I see electric powered vehicles and other renewable energy are making a push or an advancement lately, right now oil prices are going down because of it which is beneficial for the consumers. Also I can see if our world is a renewable world we won't be having problems about pollution in general if that happened. So the bottom line is I can't see oil being a good investment in the long term.
4232  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: July 09, 2017, 12:56:58 PM

Because some people abuse benefit of bitcoin. Bitcoin transactions are done anonymously, very different from when we make transactions or money transfers in the bank. The reason why Bitcoin is not welcomed in some countries is because Bitcoin tends to facilitate activities or acts of terrorism and other illegal transactions. Some time ago an online media reported that hackers managed to find out the scheme of transactions conducted by ISIS is using Bitcoin and the amount in the wallet or their account is very large.

"hackers" lol...

All the fuss was about two investigators who wanted their minute of fame.
The so called funding of ISIS via bitcoin is pure bs.

Why would they even try to get bitcoins (leaving a trail) and then sell them again (another trail).
Don't even bring in localbitcoins or atms cause the last time I checked there are no bitcoin atms in Mosul.

They can transfer money far easier and without raising suspicion with conventional methods.
And just imagine they send the money to their men and when the coins arrive the value is 33% off.
Would you risk doing that stuff with people who have a tendency to blow themselves up?


I think that you are making Bitcoin look like a bad technology or advancement that is related to crimes. And I don't think that is the main reason why Bitcoin is not yet supported by many countries, I see that Bitcoin as of now is still at its early stages in which some major countries are not still aware on what to do with it, but hopefully with some big countries accepting it will make attention for other developed countries to follow the lead.
4233  Economy / Economics / Re: Tell me your predictions about Bitcoin on: July 09, 2017, 06:56:42 AM
For 2018, I predict $3,200 per bitcoin

For 2019, I don't predict an incrase, it will be around $3,000-3,500

For 2020 which is the halving time, I predict $7,000 per bitcoin. Then the next target will be $10,000 I guess.

Wow! that's sound a hell of a prediction but i don't thing the bitcoin price will go that far in the future as it seems impossible because there are lot of factors which determine the price and there is also possibility that bitcoin price may not increase in future so it is very difficult to predict the trend and price of bitcoin.
If you will see the percentage of growth of bitcoin in the market for the past few years then you will realize that reaching those prices is very possible for bitcoin because it is all about the popularity,demand and also the trust of people in bitcoin and if bitcoin will be able to build those things very well then the expectations for that prices will become a reality.
It is pretty clear to people that bitcoin has made through thick and thin and people throughout have supported bitcoin which is the reason it has been able to make a break through crypto currencies as well as fiat currencies quickly becoming one of the most powerful currency in the world.
It is going all around the world to attract people. Bitcoin investment and trading is the best reaching to the common people to become a rich.
I don’t think so there is any currency that can pose any threat to shining future of bitcoins. No technologies can bleak future of bitcoins. In the coming years, the prices will pump drastically attracting grand business to invest in bitcoins. It will be soon accepted as legal currency all over the world.
Where are you basing the exact prices from? Or from the start why you even think it will increase in the upcoming years? Because I am so confuse on people having bold predictions without proof. And I don't think that the halving will have that great or immediate effect on Bitcoin, look at the halving last year we have not notice any effect on the price whatsoever.
4234  Other / Off-topic / Re: What to do with my bitcoins ? on: July 08, 2017, 06:11:29 PM
It depends on what your needs are. From the best of my recollection newegg a computer and accessories provider accepts Bitcoin. If you want games Steam client is accepting Bitcoin as a mode of payment. And finally there is overstock.com in which you can buy clothes to electronics woth your Bitcoin. Aside from what I said I know there is a lot to choose from online as Bitcoin's acceptance is increasing everyday.
4235  Economy / Economics / Re: How can we make more money? on: July 08, 2017, 04:46:22 PM
The question is too vague to answer. Generally there are many ways to make more money but what they do have in common is that in order to make more money you need to invest more capital for you to have a chance of growing more. From trading to creating a business having more capital would increase the likeliness of your investment in growing profits. But the 2nd thing you need is a plans and strategy in order for you to know what you will do with that capital.
4236  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: July 08, 2017, 11:54:13 AM
People use bitcoin because bitcoin is a safe and easy-to-use payment tool for transactions. In addition, we can also earn income from bitcoin world such as trading, mining, gambling, and also signature campaign in this bitcointalk forum
Well I think that is the main reason why people are using Bitcoin because of how they think that they could earn it online which is true you only need to need to know where to find it in the first place. Bitcoin I think is only good as an online payment or an online currency but nothing more than that, people who are striving to make Bitcoin something like a global currency is simply wrong because as of the moment it clearly has no support to make Bitcoin be a global currency. 
4237  Economy / Economics / Re: When to buy and sell bitcoin on: July 08, 2017, 10:00:54 AM
To keep it simple the best time to buy is when it is low and the best time to sell is when it is high. But it gets more complicated than that as we don't have enough information on when it will go up or down. So the purpose of buying and selling Bitcoin is to take profit from it, however it is not easy to do that as even though it is a volatile currency it still needs to be learn because it is unpredicatable as it gets.
4238  Bitcoin / Bitcoin Discussion / Re: How many people are asking you about Bitcoin now? on: July 08, 2017, 07:31:48 AM
Well for me new people's curiosity is not because about the price but because of the increasing awareness it has made during the recent years. People who before lack interest with Bitcoin are personally now interested with it mainly because from what they heard is that they can earn it online to various ways. The price of Bitcoin for me is not too relevant on that matter, from what I see people who want to earn are the persons who got to be curious more.
4239  Economy / Economics / Re: crypto is the future, make money of it on: July 07, 2017, 02:19:16 PM
I agree and I'm sure crypto will be a moneymaker in the future especially bitcoin crypto. Because since the first I was introduced to bitcoin crypto by my friend there I feel in the future crypto bitcoin will be the choice of everyone to send money because it is very secure security. Moreover there is the legality of crypto itself is very profitable for all users of crypto which until now the value is higher and later in the future would be very higher again
I guess your statement is true but there is one thing missing, crypto especially Bitcoin has been a money maker way before what it is right now. Now the real question is will is still continue to make us money in the future. That is what scares me the most there is no assurance for us that it will grow to a much higher price, some investors are scared that their money will remain still in the 2500-2600 level in which is a bad place to be when you are an investor.
4240  Other / Beginners & Help / Re: where can i buy bitcoins? on: July 07, 2017, 01:48:25 PM
Hi bitcoiners! does anyone know where i can buy bitcoin with credit card or paypal at the lowest fees as possible... thanks!
There is not much crazy people that allows such trades since bitcoin can't be reversed and credit card and paypal can.
So there is HIGH risk of fraud.
You are right with this one, it will be too risky if a person will try to transact with you for accepting credit card. Generally if a person tries to say they use credit card or paypal with a scheme of "Payment First" you are most likely to get scammed that person does not have any Bitcoin in the first place. So if I were you I will try to look for a local Bitcoin wallet provider first and a local Bitcoin ATM machine that exchange fiat currency to Bitcoin before trying to look for sellers accepting paypal and credit cards online.
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