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4261  Bitcoin / Legal / Re: Government on legalising bitcoins on: April 28, 2018, 05:42:28 PM
The government believes and believes that proper regulation and supervision can make Bitcoin's potential a positive impact.
That's what they want you to believe, yes, and it worked pretty well on you from the looks. Reality however shows that they are just trying to build a cage around the entire centralized market to prevent you and all your fellow sheeples from ejoying too much freedom. Their only objective is making you pay your due taxes and keeping your capital flow in check and monitored.

They have also implemented some rules to prevent the currency from being used for unlawful activities.
What exactly are these rules? No one can prevent me or anyone else from conducting *illegal* peer to peer transactions. Technically, it's not even possible for governments to do that with centralized platforms. The only difference in this case is that your personal information is attached to specific transactions, but still, it doesn't prevent anyone from conducting *illegal* transactions. The only thing that can happen is that you will be punished afterwards due to them having your personal information, but that's it.
4262  Economy / Economics / Re: Money laundering tools on: April 28, 2018, 04:57:09 PM
Therefore, the conversation about the use of bitcoin for money laundering or for committing other crimes has no basis. Who says this, either does not own the situation, or deliberately spreads false information about Bitcoin.

It has a basis. It's just that all the fanboys here need to stop with being so irritated with everything that's being said concerning Bitcoin and criminal activity. It is being used by criminals, but so what? Let people buy as much drugs and weapons with Bitcoin as they want. Let them launder as much money through Bitcoin as they want. It's not our job to make a big problem out of it, but the job of authorities to track them down, which is already happening. Bitcoin is nothing more than a value tool that everyone can use or abuse. People should grow a thicker skin and accept the reality.
4263  Economy / Economics / Re: A government can create a cryptocurrency ? on: April 28, 2018, 03:49:33 PM
It will and I would invest in government crypto currencies because we all know that is 100% legit and more valuable because all people in their country will use that digital currencies so it may go to moon immediately.

You don't invest in governmental crypto currencies, unless they are set up by scummy governments like the one of Venezuela. In most cases governmental crypto currencies won't be anything other than an extension of their rotten fiat system. In other words, by holding fiat, which all of us do, we directly would hold an equivalent of that in crypto units. I however wouldn't consider it to be 100% legit, because this system isn't meant to work in your favor.

Permission based crypto currencies are a plague and even more of a threat to your financial freedom than the current fiat system itself is right now. Yes, it's convenient and allows you to enjoy more flashy features, but what's all that worth when your freedom has been degraded to the absolute bottom? That what you consider to be legit right now, will put people even more in a cage like they are a bunch of animals that their owner (the government) controls. I'm sure you'll change your way of thinking when governments instantly deduct your balance with whatever percentage to fill up their own debts. Don't think you'll like your fresh haircut then. Wink
4264  Bitcoin / Press / Re: [2018-04-27] $670 Million: Bitcoin Futures Post Record Daily Volume on: April 28, 2018, 02:36:11 PM
This is actually quite an impressive form of progress, and that while I have been quite skeptical about these Bitcoin tied futures initially. It will be interesting to see when we're a few years away from now, if these futures will be similarly important as they currently are to the traditional markets. If at some point institutions are ruling the Bitcoin markets, which is a likely scenario, then it may actually happen.

I do however like the external uses of futures, especially when it comes miners looking to sell their coins at consistent rates, without having to worry about short term volatility. It's still somewhat of a gamble for buyers, but that's a risk worth taking for them, especially if they are long term minded, otherwise there is no point in settling a contract between the buyer and the seller. In this case you actually get to own what you buy, which isn't the case with regular futures being traded on CBOE and CME.
4265  Bitcoin / Press / Re: [2018-04-28] Bank of America Is Closing My Three-Year-Old's Account Over Crypto on: April 28, 2018, 02:03:30 PM
I would have been cool to sent them a note stating; at a later point people won't need your services anymore, but can we please continue our professional relation with your bank till that point? Thanks!

The only solution to this is to actually ditch that bank and move on to the next 'best' bank. I have had to deal with this situation some years ago, and dealt with it exactly like that. I opened a bank account elsewhere and digitally withdrew all my savings and regular funds to the other bank account. Funny thing is that I had to withdraw everything in 3 batches because of security reasons, they stated. 1 batch per 24 working hours. Thus far everything is fine and thankfully haven't had any problems/complaints from the bank. If they don't want my (or basically anyone else's) business because of some shitty non reasons, then definitely f*ck them.
4266  Economy / Exchanges / Re: Cryptopia day 4 of 500 error on: April 28, 2018, 01:20:38 PM
yes i send many ticket to them now im look to change my email of my account to solve this but i would like to keep my perso email for crytptopia
Did you send your emails to the right mail address, and also include some required initial information?

From their site;
Quote
Please describe some account activity to help us verify ownership, such as the following:

    Trades, balances, withdrawals, deposits and addresses
    Login dates and IP’s
    Photo identification for verified customers

We will not reset your 2FA without this information, and unrelated emails sent to this address may not be responded to.
Correct email; resets@cryptopia.co.nz

Don't send plenty of emails within a short period of time. If their system marks you as a spammer, you will be much further away from having your matter settled. Currently with everything they go through, they are literally being flooded with emails and whatnot. I don't understand why people still use this exchange, but it is what it is I guess. Despite all their problems and scam accusations they still manage to grow, which is quite worrying.
4267  Economy / Service Discussion / Re: Is Steemit a kind of Mafia? on: April 28, 2018, 01:00:00 PM
It seems to be a new trend for people to consider platforms to be scams or manipulated when they don't understand how they work or thrive, sigh.

The point of these platforms is to earn money from the content you publish, and when there are thousands and thousands of people doing so with that financial incentive in mind, you'll need to put a tremendous amount of effort in making your content stand out. It could be as the poster before mentioned by having a larger following, or some more artificial ways like bots and whatnot. It's like everything in life; no effort = no reward.

You are new and directly expect to make bang, which isn't the right attitude. Invest time to build up a decent follower base, try to use other social media platforms to make yourself be more visible, and more important is to be consistent with your content, and if you are doing things right, you'll get what you want. Don't expect to earn amounts similar to the top earners, but some financial compensation is realistic.
4268  Bitcoin / Press / Re: [2018-04-27] Germany Gets Its First Crypto Exchange for Whales on: April 27, 2018, 03:07:55 PM
Recently communicated with the Germans - they say that cryptocurrency are interesting for them from the point of view of the absence of taxes.

Not sure what makes them think so, but there is no such a thing as absence of taxes when it comes to crypto. I am from Western Europe myself, and believe me, even your poo poo gets taxed (no joke). Just because crypto in certain countries isn't mentioned specifically by name, or that crypto isn't legal yet, it doesn't mean you don't have to pay tax. It's something a lot people think, that I definitely noticed, but that's false. Everyone is legally obliged to pay tax, especially over their gains. In some European countries you don't even need to gain or lose anything to pay tax; just holding it is enough for these countries to tax your crypto holdings every year. It's unfair, especially if your wealth get taxed regardless of your financial results, but that's the system we're in. It's rotten to the core.
4269  Bitcoin / Press / Re: [2018-04-27] Mt. Gox Moves Around $165 Mln In BTC And BCH From Its Wallets on: April 27, 2018, 12:32:11 PM
I'm glad that the market doesn't give a damn about this. It perfectly shows that the market movers are confident that now Goxxie has enough liquid resources to eventually settle their debt, there will be no more dump fests, and it makes sense. Also, it's not Goxxie moving these coins, or the trustee, but the authorities, which is a very important difference.

Not sure what the reason is for the coins to move, but it doesn't really matter with the aforementioned in mind. I am quite sure that off-market, there are plenty of buyers eagerly waiting for these coins to be sold or auctioned privately. If they want, they can get rid everyone in one go with so much global interest. It would be hilarious if Roger Ver ends up attempting or actually acquiring the BCash the authorities now own. Cheesy
4270  Bitcoin / Bitcoin Discussion / Re: Bitcoin anniversary. 17 millionth mined. on: April 27, 2018, 11:39:46 AM
I like how Bitcoin is going against the regular economy, because where Bitcoin's supply being pumped into circulation is only becoming lower to a point in the future where there is no longer any new supply, central banks keep overflowing the world with more fiat further decreasing the value of everything that's already circulating. That effect alone will make Bitcoin be worth more against the dollar, where if you combine that with the massive actual demand for Bitcoin, even $100,000 is nothing more than a joke. People have already been hedging their own fiat currencies, but now with Bitcoin being an easy to access hedge and a solid store of value, people no longer have to look further. With everything in mind, one must be twisted to sell Bitcoin for fiat, unless there is an urgent situation forcing people to do so.
4271  Economy / Auctions / Re: [Domain] BitcoinTasks.com on: April 27, 2018, 11:12:25 AM
First and last auction adjustment, mainly due to the increase in price.

# Registrar : NameCheap
# Expiry : March 22, 2019
# Start bid : 0.15BTC
# Minimum bid increments : 0.002BTC
# Buy now : 1BTC
# Auction duration : 48 hours after last bid.
# WhoisGuard included.
# Escrow possible.
# Private bidding is not accepted, unless you use the BIN option.
4272  Economy / Speculation / Re: BTC Price Pullback on: April 27, 2018, 11:06:06 AM
I can't disagree you on this. Many holders seems to be in a hurry and rushing to see $20,000 very soon. It can't just pass $20,000 overnight, there has a barrier that needs to break for so many support. There's $10k,$11k,etc. each step that bitcoin has to pass.
Everything you are talking about applies to people chasing quick gains, and not actual holders. Holders have the highest level of patience and acceptance of each market situation. It was okay for holders to see the price hover around $1000, and it was okay for them at $20,000, and it is okay for them right now. As always, the non holders are those who are rushing to get back to previous all time high levels, not holders. Wink

since yesterday the market is on blood bath again so assuming that the pull back will not happen overnight, stay watchful, calm and don't panic.
Blood bath? It was just the market taking a step back due to people securing some of their profits, which is perfectly normal. People like you should really think more before using certain terms that don't apply to a market in a specific time. Blood bath happened earlier this year where the price reached its new low back in February. Right now the market taking a step back represents traders securing profits in a thin market.
4273  Economy / Speculation / Re: Back to $6000 in 3... 2... 1... on: April 27, 2018, 10:47:34 AM
Buy low sell high seems sensible to me.  Rather than this hodling for a profit that might be pie in the sky. 
Pie in the sky? Just as much as those who thought similarly when the price broke through the $1000 level again last year?

If there is one thing the past has taught everyone here, then it's the fact that holders are the real winners here. Most of the holders are also involved in short term trading, so it's not that you solely have to rely on holding. Holding coins for long term purposes is the backbone of your investment, where short term trading allows you to benefit from what the market has to offer in other fields. The main purpose of short term trading is to end up with more coin quantity than before, at least for me.

So buy at 6k and sell at 9 or if you're brave hold out for 10k. 
That has nothing to do with being brave. If you just think logically, you should only sell in smaller percentages per time, which will allow you to still benefit if the price keeps climbing up further. If the price ends up going down instead, then you can buy back the coins that you sold at lower levels. Being brave costs you money, where being smart earns you that. Wink
4274  Bitcoin / Legal / Re: UAE Government launches Blockchain Strategy 2021 on: April 27, 2018, 09:21:57 AM
This is another confirmation that blockchain is here to stay while bitcoin will continue to flourish along side.

It was never even doubted for a second that the blockchain wasn't going to stay here. Whether it concerns businesses or governments, the blockchain allows them to do everything they do in a far more efficient, and more importantly, secure and cheaper way. It's impossible for anyone to ignore these tech related developments, especially if you think about how these entities can all configure their blockchains to their liking.

Bitcoin, especially in these countries, might eventually become that what Gold is right now, but in a far superior and usable way. Imagine them conducting massive government related transactions based on Bitcoin, especially when it comes international transfers. Bitcoin means there are no borders that everything else is subject to and limited by. We have solid times ahead of us man, I seriously enjoy every second of it, and eagerly look forward to what still has to come towards us, which is plenty. Cheesy
4275  Economy / Economics / Re: Blockchain and AI will improve the world economy on: April 27, 2018, 08:56:39 AM
I do not think that AI would be developed to be something further the human have the ability to actually do. If we are to create AI that would discover and learn about things in the world, bots will outsmart us and quite possibly enslave us - we'll always lose to bots.
AI only needs to be steered to the level it can improve itself without human input, and once that becomes reality, and I strongly believe that it's just a matter of time, then consider the human from that point to slowly but surely become the slave. It's not that they have something to say about it; it will be a matter of accepting the superior authority above you.

So no, it is still up to the people to save their own problems including the economy.
Not for long. People aren't capable of solving their own problems; we have had decades and decades to see for ourselves how the human only makes things worse. Can you see anything of fundamental nature in the world economy or world poverty that changed for the better? Humans are poison to this world, and more importantly, to humanity itself. We reached a stage where we aren't all that far from a massive collapse of economies due to all the debt they have been stimulating for decades. It's a ticking time bomb. Bitcoin is the most convenient and best option to store wealth in before it's too late.
4276  Economy / Economics / Re: research of bitcoin price was in red on: April 27, 2018, 08:32:19 AM
Bitcoin is the decentralized digital currency.So no one can control the price of bitcoin and the growth of bitcoin.

Yes, exactly my thoughts.

Your thoughts are wrong. Bitcoin itself is indeed decentralized, but that doesn't apply to the market that's being controlled from centralized exchanges.

In this case Bitcoin's market isn't any different from other markets, where there is only one main rule, which is that money rules. This market is being manipulated not by just one party, but several parties pooling their efforts together from multiple main exchanges. Who are these parties? It's impossible to say, because there is no sufficient proof. It could be financial institutions, hedge funds, insanely wealthy individuals, etc.

Don't forget that the liquidity exchanges provide is a joke, so even relatively low amounts could steer the market in your preferred direction. As soon as professional parties start getting involved and turn our current exchanges into something more similar to stock exchanges, especially based on their rules and whatnot, liquidity will come. Current exchanges are nothing more than incompetent and heavily crippled platforms. Serious investors are moving to the OTC market for a reason. 1) the liquidity is the problem. 2) they don't trust current exchanges.
4277  Bitcoin / Press / Re: [2018-04-26] Tom Lee Would Put “Fresh Money” into Bitcoin Instead of Bitcoin Cas on: April 26, 2018, 06:36:18 PM
Let's not give this cash grab more credit than its worth, so please stop calling it Bitcoin Cash. It has nothing to do with Bitcoin anymore, and doesn't deserve to up its brand on the name of Bitcoin. I think Roger needs to accept that BCash is actually quite a solid name, especially because he thinks it's far better as currency than Bitcoin, so he should register it before another coin does so.

People investing in BCash support rogue miners and individuals only looking to harm Bitcoin. I get it that people like to drive the roller coaster show it delivers from time to time, but where are people's morals? These bastards are largely responsible for cluttering the network to make their BCash stand out, because Bitcoin Core (that's what they call it) can't provide low fees, while BCash can. People are too stupid to understand why BCash can offer low fees, and exactly that ignorance is something they like to exploit.
4278  Bitcoin / Press / Re: [2018-04-26] Bitcoin will replace gold and soar in price to $700000 on: April 26, 2018, 06:20:58 PM
Gold is completely anonymous... so that's one front where Bitcoin is definitely not better.

Bitcoin too if you transact off-chain. If I hand you over a private key in paper form or a physical coin containing 1BTC, what's exactly different from Gold in that aspect? The thing that happens is a move of value from one person to another without anyone but me and you knowing that it happened. These transactions happen all the time with funded/loaded collectibles (ie, Casascuis, Lealana, etc).

I find it yet again to be a very catchy and flashy title. Bitcoin will not replace Gold, period. Gold has proven itself for thousands of years and will remain holding a very strong position in our economy. Bitcoin however can perfectly function as Gold's digital equivalent, which makes more sense. I even believe that there may eventually be a situation where a certain percentage of the capital currently parked in Gold, will find its way to Bitcoin for obvious reasons.
4279  Economy / Economics / Re: Bitcoin Bloodbath to End on: April 25, 2018, 02:02:07 PM
From the start of this year bitcoin was in a bad shape and more likely sad for those who buy bitcoin at high prices. Good to hopes bitcoin red days will end.

LOL. The only thing in bad shape was your own, and other noobs their mental health.

Bitcoin has been performing better than ever before, and kept growing constantly throughout the years, and even last months. If you and the majority of the noobs keep focusing on peaks alone, you'll see a completely different market; one that is totally disconnected from the reality. If you strictly follow the bottoms of the last years, and draw a line from bottom to bottom, you'll be seeing growth, and that's something people completely ignore.

If you have the balls to invest at that point, then show balls as well when the market is going down, because that's what you bought yourself into. It's pointless and retarded to jump in at $20,000 and then complain about the price correcting to more appropriate levels. Don't invest in something you don't understand, especially if it is related to crypto, because you'll lose big time. It may sound harsh, but reality is harsh, just as harsh as losing money. Common sense, all people have it, but only a very few know how to use it.
4280  Bitcoin / Legal / Re: i heard bitcoin illegal in Taiwan...why? on: April 25, 2018, 01:15:37 PM
I do not understand the countries that banned Bitcoin. it's ridiculous to have it especially in the back countries. they must be supportive, should not be obstacles.

Wrong intent. It once again makes clear why we should strive for decentralized applications to enhance our lives and the freedom we all deserve to have. In all seriousness, aren't we all somewhat responsible for allowing the governments to do this to us? Bitcoin is the perfect tool allowing us to cut through this cycle and finally do what is better for everyone, and not better for the financial status of our government.

When people stop ignoring the serious nature of how rotten this system is, and finally wake up, the world might actually become a better place. Governments have proven to not do anything for the better, the last decades serve as clear proof of how rotten this on debt system is. It will eventually implode, but when, that's the only relevant question. The lower your fiat exposure is, the lower the consequences of an imploding system will be for you personally. I have taken the necessary steps already.
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