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4241  Economy / Speculation / Re: 2018 Trillion $ Bitcoin marketcap on: December 07, 2017, 07:03:35 AM
You guys realize that Bitcoin could very possibly hit a trillion dollar market cap next year.

Pretty cool to think about.

Definitely a possibility. I mean right now the market cap sits at a cool $200 billion, which actually exceeds a lot of country's total GDP already. To achieve 1 trillion in market cap would be a milestone to indicate that BTC is for real and it's going to become mainstream, either now or later.

And who would have thought that this was even a possibility just a year ago? You literally couldn't make this thing up.

Though, the pumps will have an end to it and i'm not sure when that will be exactly. Hopefully, price can stabilize but if not we can see some pretty big dumps supressing bitcoin price down to a artificially low level.
4242  Economy / Service Discussion / Re: Bitblender support on: December 06, 2017, 07:21:26 AM
Have a support ticket open on bitblender and even though its only been a few hours, can anyone really say if they really reply support tickets?
I know the use @blender use to be active here and is affiliated with the site, however, I can't tell if he is still active.

As far as i know they are running a signature campaign which has been going for ages, and nobody has got any complaints about them. This means that there have probably been no big complaints against them.

Be patient - as long as you are on the right site(and not a phishing one), you should be able to get a response soon.

If not, then write on this thread: https://bitcointalk.org/index.php?topic=436467.msg23266826#msg23266826 or PM this guy.
4243  Economy / Service Discussion / Re: Cloud Mining Journey (with Hashflare) on: December 06, 2017, 07:18:14 AM
Hopefully you do make a profit. However i can't say that i have personally had a good experience with cloud mining, especially i have heard a lot of stuff that would discourage me from investing in hashflare(Reducing from lifetime to 1 year, high withdrawal limits for no apparent reason, etc.).

If you do make a profit, do not reinvest.

Speaking from expeirence, just be settled with a net positive profit at all. Never reinvest, since you never know what their company is up to, or even whether or not they are actually mining or just a huge ponzi scheme.
4244  Economy / Service Discussion / Re: Exchanges trading pairs? on: December 06, 2017, 06:33:00 AM
Do you guys not think that Exchanges should add more tradingpairs, besides BTC, ETH and LTC? If we look at international currencies we see that most of these have quite a bit of pairings which makes a lot of sense in terms of monopolisation and market safety. If BTC crashes, it would take down a lot of alts with it, even though I currently (since 10k btc milestone) don't think this needs to happen, BTC, ETH are quite experimental and though i'm bullish on BTC for the longterm it does show that it doesn't scale well, same as Ethereum and this cryptokitty fiasco this week. It takes 1 app to go viral and the whole network becomes unusable. But they have proven the ideology and principles of the technology.

But the biggest issue would really be, what extra pairs can you add? We're still a tiny dot in comparison to global markets. Most currency's are multi trillion and we aren't even at a trillion marketcap as a whole. Myself I was thinking about, Dash, ADA, Monero and NEM as diversification of trading pairs. I hope any exchanges reading this will also read this and think about adding more trading pairs, because everything is to dependent on what BTC is going to do next, even though some projects are really good and shouldn't have to depend on this.

What does the rest of the forum think? Do you agree, not agree? Reasons?

Doesn't yobit already do this? They have DOGE markets, WAVES markets, LTC markets, BTC markets, ETH markets... You name it. But still they don't really generate much trading volume as jorneyflair said. If it does't then whats the point of putting it there in the first place? Bitcoin crashing doesn't have that much to do with the direction altcoins are heading at either, because altcoins are traded against BTC, and people will not care about the USD value as much.

The only altcoins that i think should be considered to be added as a pair are ETH, XMR, and USDT, and a lot of exchanges such as polo, bittrex, etc. already have this anyways. There is no need for more.
4245  Economy / Digital goods / Re: Autopilot Money Method - No dropship/ponzi BS - 20-40$ per day on: December 06, 2017, 06:21:17 AM
If you have any more vouch copies, let me know.

Personally think the reviews are quite interesting because they seem to suggest that it's not just some "autopilot" method but rather something that you really need to spend a lot of time on in order to gain profits. Though the profits are quite realistic compared to other "make money quick" schemes.

BTW, this should be placed in digital goods instead of goods. Please move it, thanks.
4246  Economy / Lending / Re: 0.15BTC loan for 0.18BTC return on: December 06, 2017, 06:15:00 AM
I own 2TBC

That is worth $3,203,253 at today's prices!  Just sell the TBC and you won't need loans anymore!

https://thebillioncoin.org/tbc_currency_calculator.php

They are stacked, not sellable, until the fiat exchange comes on, In 8weeks from now.

What did i say in my previous post? The collateral needs to be readily liquidated. And obviously TBC is not valid collateral, since you admitted yourself that there are no active exchanges for it. Plus the whole project seems like scam to me.

Please, educate yourself with the stickies before attempting to even get a loan.

I would suggest locking the thread by pressing the button on the bottom left corner, since nobody will be interested to fill your loan without valid collateral.
4247  Economy / Lending / Re: 0.15BTC loan for 0.18BTC return on: December 06, 2017, 01:51:04 AM
Hi community, I am seeking for a loan of 0.15BTC
With a return of 0.18BTC in 30th March 2018.
I don't know what you would want has a collateral but I have 1000€ investment on AGAM/ASIAN Trade Group limited, with a potential yielding of €2400 by December 2018.

It is urgent, Thanks

I'm sorry but this is definitely not considered to be a valid collateral around here. A valid collateral is supposed to be able to be liquidated quickly if the borrower defaults on the loan to cover the costs of the loan.

As you said, first, your collateral is an investment. I have not heard about this company. Secondly, the potential profits are not guaranteed.

Do you have any physical possessions even that would qualify as valid collateral?
4248  Economy / Speculation / Re: bitcoin reaches new record highs on: December 05, 2017, 10:28:10 PM
This morning, the price of bitcoin rose to 11,400.8 USD on the Hong Kong exchange Bitfinex. This marks a new all-time high for bitcoin and an increase in its price by a factor of more than 10 since the beginning of 2017.

Many experts claim that this growth is the result of reduced hype surrounding the US dollar. They believe that this is more a case of the dollar depreciating than the price of bitcoin rising.

Crypto-analysts claim that the US Federal Reserve has printed so much money in the last 10 – 20 years that not even the regulator actually knows how much USD is in circulation around the globe.

At the end of 2008, the Fed announced they had opted for a “printing press” cure to the crisis as the first round of the regulator’s asset-purchasing program got underway. No one knows the current value of the M3 money supply in the US. Some members of Congress are long-time critics of the Fed and blame the regulator for turning the dollar into a bubble with no real backing.

I agree with this assessment. If you look at the Federal Reserve’s economic projections over the last 5- 6 years, you’ll find that they almost always miss the mark. It’s important to understand that the Fed’s main role is to regulate money supply (by forming monetary policy) to support economic growth (low unemployment and 2% annual inflation). The question is how can the money supply be efficiently controlled when the Fed itself doesn’t know how much money is in circulation (as I’ve stated above, this relates to the M3 money supply)? This is exactly why the Fed’s economic forecasts have been off for the last 10 years as well as why they’ve been unable to adequately conduct monetary policy. In other words, the Fed has become less efficient at its job and the supply of dollars has slipped form their control.

Crypto-analysts claim that during the next US crisis, not only will global investors shift towards cryptocurrencies (i.e. the dollar will lose its status as a safe haven and become a high-risk, unreliable asset), but American citizens will also look to exchange their dollars for crypto, bringing about a total collapse of the US dollar.

Crypto-analysts claim that with the collapse of the dollar, bitcoin will cost somewhere between 1 and 5 million USD. At the time of writing this review, bitcoin is trading at 11,400.8 USD with a market cap of 162.22bn USD.
Source: https://alpari.com/en/analytics/reviews/cryptocurrencies/23222_27112017/

We've now just hit the 200 billion mark for bitcointalk capitalisation. This 200 billion mark not a long while ago represented the entire cryptocurrency market capitalisation and it's really good to see bitcointalk gain back ground from shitcoins.

I expect records to continue to tumble until at least the end of the year.

Thing is though the markets are crazy right now. We have absolutely no idea if it's going to fall down any time, and if yes, when this is.
4249  Economy / Speculation / Re: What will BTC price range be by year’s end? on: December 05, 2017, 09:32:39 AM
Looking for crowdsourced sentiment to get an idea where Bitcoin (BTC) may end up by year’s end.

I would say $12k-13k conservatively and $14-15k if everything goes according to plan.

The bullish sentiment has really be holding up with the bitcoin community and it's no secret that basically everyone is holding, whether the average Joe that is involved in bitcoin or a big speculator, thus pushing price up by limiting supply.

And this trend could potentially extend into 2018, even accelerate since we're now above $10k.
4250  Economy / Speculation / Re: Why Some Speculating Bitcoin To Crash? on: December 05, 2017, 09:25:56 AM


I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even  $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

Are you expecting Bitcoin to get so low once it crashed?

Anything could happen during a period without rallies and quick downwards movements. Panicking investors is always the worst and there will be no bottoms basically if bitcoin does crash hard after the current rally.

Anyone's welcome to take on that position if they'd like to, i don't blame them. but personally i'm still quite bullish.

I think that when the rally ends, lowest BTC will go is probably 5-6k, instead of 2-3k some people are talking about.
4251  Economy / Speculation / Re: The rally will eventually end with a dip to at least $3K on: December 05, 2017, 09:09:12 AM
I dont know how high it will go but that is how low it will go. Just a humble call made purely via pattern extrapolation. Since you so strongly believe it will not happen, that is exactly why it's going to happen. I have no further arguments.

You could be right, and i think that in the end this rally will end, there will be a bear market for a while before a new round of rallies probably in the years 2020-2021. But your figure of "at least $3k" seems unreasonable for me.

This is no 2013 here. The rally has been going on for way longer than the 1 month it lasted for in 2013, in fact it's been a year since the start of the rally.

This slow yet consistent buildup means that when the crash does come, it won't be as brutal. I doubt it'll go below $4k at all actually.
4252  Economy / Speculation / Re: John McAfee Bets His Manhood that BTC will reach $1 mil by 2020 on: December 05, 2017, 08:57:30 AM

Of course we all want him to be right. And his prediction of 500k is actually looking a bit more plausible after the recent run that we've had up to $10k+, even though i wouldn't bet my own manhood on the subject.

Now that he's doubled it, he's just really putting a lot of pressure on himself to redeem his promises if it does go wrong.

100x prices have never been seen before, if it does happen it's a huge ass bubble, or a financial collapse of some sort. I'm happy with even just 1/10th of that price honestly.
4253  Economy / Scam Accusations / Re: [SCAM ALERT] - "bcdwallet" is a clone of mybtgwallet scam website! on: December 05, 2017, 08:37:12 AM
Yeah, with a lack of awareness about how to claim all these fork coins these scammers are really hitting hard. That is why you should always clear your address of any funds that you may have held in there before you claim any fork coins, just in case something goes wrong.

Always wait for announcements from the official sources before trying to claim your coins.

Otherwise, you're really exposing yourselves to the scammers as a victim.
4254  Economy / Reputation / Re: yogg Legendary sold accounts to scammers/spammers on: December 05, 2017, 08:29:03 AM
He gave a loan, people defaulted on the loan/loans and he is left with bitcointalk accounts as collateral. Of course he will want to liquidate these accounts in order to get his initial capital back instead of being stuck with accounts that he doesn't need?

He obviously did not sell these accounts knowingly to scammers.

And he's stopping now, and i presume this is something done way back. Why are you picking up on this now?
4255  Economy / Reputation / Re: aTriz farming trust on: December 05, 2017, 08:13:23 AM

Don't get it, where is he farming trust?

The email forwarding contract positive trust is probably the only one that is even anywhere close to it. As the trust system is unmoderated though, it is completely up to the discretion of TBZ to give out that trust.

All the rest as far as i can tell are all legit trades with references, and the amounts involved aren't small either.
4256  Economy / Service Discussion / Re: Any exchanges with no ID requirement if no fiat involved? on: December 05, 2017, 08:09:25 AM
Are there any exchanges that don't require photo ID, or other personal info, if no fiat currency is involved?
Only crypto in and out.



Pretty sure that bitfinex doesn't require any, nor does poloniex. Of course pretty much every smaller exchange, such as liqui, yobit, and a whole lot of others don't require any ID as well. But you probably don't want to risk your money on these exchanges.

Quickest though is probably shapeshift, and i haven't seen anyone been asked for an ID even with thousands of dollars involved.

If you want to trade fiat without ID, use Localbitcoins.
4257  Economy / Speculation / Re: Crash or Correction on: December 03, 2017, 07:29:49 AM
The price of bitcoin fell more than $1,000 in the span of about 10 minutes on the CoinDesk Bitcoin Price Index (BPI) today, just hours after the cryptocurrency set an all-time high above $11,000.[1]

2017-11-26 price was 8,200$

2017-11-29 price was 11,000$

2017-11-30 price 9,800$

Is this crash or small/huge correction?

Source  [1] https://www.coindesk.com/bitcoin-price-falls-1000-minutes-erase-24-hour-gains/

There isn't much of a difference between crash or correction. Just two words for the same thing. But it's certainly temporary as shown by the climbing bitcoin price right now, in fact we're looking at $11k+ right now.

Honestly, these corrections have to be expected. As any bull market goes, there will be times where bitcoin is climbing and other times when the price is taking a hit from panic dumpers.

Just ensure that you don't fall for the bear trap when it comes, just like it came this time with the dump below $10k.
4258  Economy / Service Discussion / Re: Hashflare not responding to my Purchase order on: December 03, 2017, 07:22:39 AM
I made a purchase of 1.6 th/s for 224 usd on hashflare at 28th nov 2017 and my purchase was pending i raised multiple tickets on support i did not got any reply from support till now its 5 days nearly is hashflare is a scam ?

Are you sure that your bitcoin transaction is confirmed?

Maybe it's because it hasn't got enough confirmations yet or is still unconfirmed, that is why it is showing up as pending. Just double check that. If it's not, then it's definitely something going on with hashflare.

I don't consider them to be trustworthy. But it's too early to tell if they are an outright scam or not, but there is a high likelihood that in the end they will experience issues paying out investors, even if they do credit you with the hashrate.
4259  Economy / Speculation / Re: Crypto marketcap is now more than 13% of cash in circulation on: December 03, 2017, 06:46:17 AM
Cryptocurrencies marketcaps combined are now around 330 Billion USD, which is roughly 7.5% of cash in circulation in Euro and Dollars combined (around 2500 Bn USD)

Dollar cash in circulation was 1154 Bn USD in 2016:
https://www.federalreserve.gov/paymentsystems/coin_currcircvalue.htm

Euro cash circulation was 1143 Bn EUR in September 2017:
https://www.ecb.europa.eu/stats/policy_and_exchange_rates/banknotes+coins/circulation/html/index.en.html

Clearly, cryptocurrencies usage, apart from pure speculation, is way less than 13% of cash. Isn't it the sign that we are in a giant bubble?

As pooya said, you have around half of the entire market cap being made up of mostly shitcoins. Of course there are gems of projects out there but there is pretty much nothing that can compete with bitcoin when it comes to actual merchant acceptance.

Is it a bubble? Short term i'd say yes but in the lnog term you'll realise that these figures are actually quite cheap.

Just because people aren't using BTC now as much, doesn't mean they won't in future. The fact that the price has been pumped means that people realise the potential of this.
4260  Economy / Speculation / Re: Even at 10kUSD, Bitcoin is undervalued by more than 67,000% on: December 03, 2017, 06:43:29 AM
BTC isn't going to be the entire M2 or M3 monetary supply, of course.

Though even 1% of it would mean that it is still significantly undervalued, which in my opinion, could definitely occur in the near future. But it obviously will depend on the dream of mass adoption by the general public becoming true.

My advice is definitely save some BTC for the long term, it's going to be a good decision to make for sure.
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