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4281  Bitcoin / Bitcoin Discussion / Re: A Satoshi question: What if on: October 29, 2017, 02:07:21 PM
when someone moves their coins (Satoshi included) there is no way of telling where they moved them to and what they did with them. you may be able to tell if they move it to some exchange address in some cases but you still wouldn't be able to tell what they did with them. Satoshi may transfer his coins to an exchange to buy Panda coin with them just because he likes Pandas. Cheesy

and why would Satoshi do that? SegWit2x does not exist yet so we can not talk about that. but bitcoin cash is clearly a shitcoin and against everything that bitcoin stands for! i think someone like Satoshi knows this better than anyone else.
4282  Bitcoin / Bitcoin Discussion / Re: World govts fear Bitcoin because they can’t tax it – John McAfee on: October 29, 2017, 02:00:25 PM
it is not really a hard thing to guess though.
every time there is a news about some country or some government talking about bitcoin and voicing their concern, specially when it is some government official, the central bank CEO for example, they always say something about taxes and talk about the difficulty bitcoin presents when it comes to that.

i am surprised though. why not just follow what Japan and a couple of other countries did? there is even a proposal to US congress to do this. they simply remove taxes from bitcoin payments but take taxes from those who trade it, or take taxes when you buy bitcoin to spend.
4283  Bitcoin / Bitcoin Discussion / Re: Bitcoin is basically a stock that allows you to purchase things on: October 29, 2017, 01:55:34 PM
with this way of thinking you should also continue to say:
cash is a useless piece of paper that allows you to purchase things.
and bank accounts, credit cards, and thing like that are just numbers on a computer screen that promise you to have a value.
4284  Economy / Trading Discussion / Re: Which exchange do you trade on and why? on: October 28, 2017, 03:29:21 PM
i used to trade on bittrex for a rather long time but recently they started acting very shady. they blocked lots of accounts and kept the users funds hostage. there has been lots of other complaints about their exchange too. so i am currently looking for an alternative myself.
i am using cryptopia but it is a small exchange with not enough liquidity despite being a good platform.
4285  Economy / Speculation / Re: "Big News From China" is spreading false information, Exchangers are banned ! on: October 28, 2017, 03:05:49 PM
who cares? haha!

this is not the first time China bans exchanges and this is not the first time they exaggerate the news. and in the end bitcoin will remain as strong as be fore.

since this is speculation board, you can see that the news is already ignored by the whole market and price is still staying up and rising even more. in other words nobody in this board cares at least Cheesy
4286  Bitcoin / Project Development / Re: Blockchain Technology Blocker Poll on: October 28, 2017, 02:50:05 PM
the reason is simply because the blockchain technology is used to create cryptocurrencies or in simple terms "money" and when creating money becomes easy as copying some code an doing some basic changes it attracts uneducated people and encourages laziness in others.

why would a developer tries hard when he can make millions by creating some ICO or a premined altcoin and advertise the hell out of it.
4287  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Hackable? on: October 28, 2017, 02:37:44 PM
you don't really need to be an expert to know this and you certainly don't need to read anything technical to know it either. you just have to look at what has happened so far..
bitcoin was not created yesterday like an altcoin, it has been around for many years and all these years it was worth a lot of money in total, and that is enough incentive for hackers to try to hack it day and night.
and as you can see they have been failing so far.
4288  Bitcoin / Bitcoin Discussion / Re: A Bitcoin ETF Could Just Be around the Corner on: October 28, 2017, 02:29:21 PM
once i was happy about ETFs and thought they can help bitcoin's popularity but now i don't know. they may even cause more restrictions over normal way of investing in bitcoin. they can even lead to restrictive regulations set by SEC for example on bitcoin exchanges and force people to go through these ETFs.
4289  Bitcoin / Bitcoin Discussion / Re: Do you diversify? on: October 28, 2017, 02:22:09 PM
i don't hold altcoins but i diversify into them if you can call what i do as diversification! i am mostly a trader when it comes to altcoins, i am mostly scared of their future since i have seen the dark side of them and i know how big the dumps can potentially be.

as for other things, i have invested in gold and stocks but these days i don't have any of them. i am fully in bitcoin and will probably stay like this for a couple of more months.
4290  Bitcoin / Bitcoin Discussion / Re: BTC FUD on: October 28, 2017, 02:16:27 PM
most of them say these things all the time but they intensify it by the time bitcoin is gaining more attention, which as it happens is mostly when the price is rising.

and sometimes it is indeed done for manipulation purposes because they have been investing in bitcoin themselves and they know the big potential of bitcoin but also sometimes it is because they are scared of bitcoin because again they know about the potential of bitcoin and how it can threaten their business.
4291  Bitcoin / Bitcoin Discussion / Re: Forks killing our BTC Moon Dreams? on: October 24, 2017, 05:02:15 PM
They do not market themselves as another Alt coin, but rather a upgrade/improvement on the Legacy Coin.

nobody ever says "we are creating shit", instead everyone will always claim they are making something valuable and awesome.

unfortunately everyone already knows this. and this creates a damaging way of thinking among users. everyone wants more free coins so they love them and even encourage them at times!

fortunately in the last two forks the damage was minimal but it may not always stay like this.
4292  Economy / Speculation / Re: Bubble or Not? on: October 24, 2017, 04:52:35 PM
yes or no are both wrong answers.
when it comes to bubbles, the definition is to vague that you can not call something a bubble until it bursts and some times passes from its bursting. otherwise you will not know. there are too many things about characteristics of a bubble that makes it so.

who is to say the intrinsic value of bitcoin is not $7000 and we are lower than it?
4293  Bitcoin / Bitcoin Discussion / Re: Richest Saudi's Prince Statement on: October 24, 2017, 04:46:27 PM
What can you say about Prince  Alwaleed bin Talal of Saudi Arabia's  statement that bitcoin will collapse like Enron? Do you guys think that it will a significant value on the prices?
maybe it's just a rumor. I do not see news of what you say. but if true, I do not care what he says. bitcoin has been tried by some countries. so I never felt worried

it really doesn't matter if it is true or not.
a lot of different people with different positions and financial status, say a lot of different things about bitcoin. some are for and some are against it. in the end it is up to the reader to decide how full of it they are. and it is not just about those who are speaking against bitcoin, sometimes those talking positive about bitcoin are worse.
4294  Bitcoin / Bitcoin Discussion / Re: How easy was it to buy bitcoin when it came out? on: October 22, 2017, 03:51:07 PM
back when the Bitcoin-QT was around, mining was a part of bitcoin. it was THE bitcoin wallet which you could also use to mine bitcoin using your CPU. you just set it up and get 50 bitcoins per block that you found. i couldn't find any information about CPU hashrate versus difficulty of that time to be able to estimate how long it would have taken to get that 50BTC but i don't think it was that hard in early years.
4295  Economy / Speculation / Re: The Crash! on: October 22, 2017, 03:24:56 PM
there is always a risk with bitcoin but there is always a risk with any other investment too! even if gold that everyone keeps praising everywhere is a risky investment.
and everyone has their own theories, some of them very strange!

all i want to point out without repeating all the answers others gave is that being "worried" is a good thing but being irrational and trying to link some weird stuff like ICOs to bitcoin is not.
4296  Economy / Speculation / Re: Looks like $6000 is just another pump and dump on: October 22, 2017, 03:04:04 PM
nest time sell when the dip begins, which means nearly 22 hours ago when price was $6100 and the first big red candle is marking the initiation of the dip. and not at the bottom when everything is being reversed meaning at $5700

if you do that you won't be angry next time to create a throwaway account to call bitcoin "pump and dump" and go away Wink

and if you can't then maybe you have to give up trading and buy & hold instead.
4297  Bitcoin / Bitcoin Discussion / Re: Straight after the fork, will Bitcoin be dumped hard like the last time? on: October 22, 2017, 02:43:52 PM
there already was a 6.5% correction today and price is already going back up to $6000+

what you say about a drop after the "snapshot" of bitcoin gold is possible but i really doubt it can be as big as 20% just because people are selling their bitcoin because that would be a $1200 drop and it will bring price to $4xxx level.

if the FUD starts, that may be possible but without it i wouldn't keep my hopes up for anything more than 8-10% tops.
4298  Economy / Speculation / Re: What do you think ? Bitcoin is going to hit big value soon like 7000$ and more ? on: October 22, 2017, 02:36:06 PM
I read an article that CNBC (Comcast) has launched an online survey on where does BItcoin go from here and majority of the participants said that it will reach 10,000 usd or more? CNBC is a respectable telecommunications company and it has a good audience from different prestigious companies. So this will be an acceptable result of survey. For me personally, i agree with it even now that forf is still not happening, the price is already surging from 6k usd and above.

Here is the link: https://news.bitcoin.com/survey-respondents-say-bitcoin-to-reach-10000/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

well surveys aren't usually a good source for talking about speculation. it is what people think not their analysis. and whenever bitcoin is rising strong, everyone sees the moon just like when price is dropping they see death and end everywhere!

but the good thing that can come out of it is that they are advertising for bitcoin and that helps with the adoption.
4299  Bitcoin / Bitcoin Discussion / Re: What were the major changes to Bitcoin in 2017? on: October 22, 2017, 02:28:49 PM
people saying "China is affecting market" is not a new thing. they have been saying it ever since 2013 and maybe even before.

- the new things are the activation of Segregated Witness and the end of the 3 year old scaling debate.
- the new forking method that is becoming common these days with BCH, BTG and possibly more in the future.
- Japan adopting bitcoin and calling it a "legal way of payment"
- a couple of countries removing taxes on bitcoin payments
- and obviously price reaching unbelievable ATH
4300  Economy / Speculation / Re: What will happen on nov 25? on: October 22, 2017, 02:20:46 PM
People are buying to get the Btg. After the fork the price might be down to approximately 5K. We can't expect that bitcoin will rise as to what happen last Hard fork where its price suddenly goes up but what ever will happen in this fork or in the next Segwit the price will rich 7K at the end of the year.

I don't see why this Bitcoin Gold is creating such a buzz. It's and will be just another altcoin in time. No new things, just another algoritme, like your typical afltcoin.
I Guess the real question is what will happen 16/11 with Segwit2x

the "buzz" is because of all the money earning potential that bitcoin gold is creating in 3 days time. obviously there is the free airdrop that you will receive if you hold any amount of bitcoin.
but also something that people miss is the fact that you can mine it. just like you could mine ethereum so far. and there are a lot of ETH miners sad about the block reward going down and also the ETH fork that will end mining. all of them are more than happy to mine BTG!
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