Shit happen on Celtics, too bad Hayward got injured. This will change their season and sorry for Kyrie obviously Cavs will win their first game. Anyway, it's still early, there's a lot of time to recover from his injury. Much better it happen earlier rather than getting injured before or during playoffs.
That's a very normal thing in every league but what the heck happened to him that was the beginning of the regular season and this is very bad for the Celtics. But still anyway the scores aren't too far from each other 102-99 in favor of the Cavaliers that was an intense fight although many are surprised on what happened to Hayward. I guess he can't play with 2-3 more games as he needs to recover. 2-3 more games? have you seen the injury mate? I think it needs more time to recover and I think it will take months, and for them to still remain a good team, they need to adjust and accept what happen to Hayward, it's not the end of their journey yet since the competition in the East is lot more easier and they can make it to the playoffs and I hope by that time Hayward will be back. Gordon Hayward's injury is not more worst than what happened to Paul George in the past season and look at how good is him now? Obviously we still don't know if Hayward can play for Boston Celtics this season or if he can even reach when it is playoffs. But what I think is best is he rest this season out as he needs to be in full recovery and at the same time he won't mess the team's chemistry when he comes back. But look on the bright side Jayson Tatum will have a bigger role this season as he will be replacing him or at least divide the minutes with Jaylen Brown. |
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After reading some post, the title is misleading people as Bittrex didn't blocked account but suspended it for a while so that the member will verify this account. If this is true maybe Bittrex did this action as a requirement of the U.S. Government in order for them to continue their operation. Also it is good for both the trader and Bittrex as they will know that their users are legit traders.
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When bitcoin can afford a lot of transactions, right now it can't as the confirmation take so long (10-15 minutes). If this problem is solved and bitcoin is regulated at the country where the merchant is located, it won't take long until they will accept bitcoin.
Do you really think that a delay of ten to fifteen minutes is a very big delay,i really do not think so,the only solution we have to find out is the double spend problem and if you could figure that out then you could start accepting bitcoin with zero confirmation .  I waiting for a time when amazon starts accepting bitcoin and if they do it would be great. Yes, I think it's way too long when you can pay by other electronic means within a few seconds. And I've seen delays much longer than 10-15 minutes. A few months ago, I did a bitcoin transfer between my wallet and an exchange. I paid the recommended fee, which I later confirmed to be reasonable at that time for the transaction size. It took more than 24 hours to get a single confirmation! That is completely unacceptable. Yeah, we need to spend much time to wait our transaction confirm when we use it to purchase. By this problem, I remember many retailers lossed many money because some buyer use this problem to create double spending, and the result ... maybe, you know  Transaction in bitcoin of current price is slow.But if the technology developed means, the transaction of bitcoin will be very fast. And one more thing is low purchase retailers are not accept the high value Bitcoin for 5-10$ and all.If the bitcoin replace the dollar means, the retailers also accept bitcoin. Bitcoin is really not meant for on the line transactions such as when you are ordering food in a fast food chain, and in order for them to to receive the payment instantly you will need to increase your transaction fee and by doing so you are incurring additional cost compared to using other modes of payment. For me Bitcoin is better of being a currency that is used online where you can buy stuff and later on be ship in your place. I wouldn't recommend Bitcoin being use in physical stores. |
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Looks very nice! I tried sending a bit of money, but it doesn't show up instantly. Anyway good luck to everyone!
It looks like now Bitsler don't allow BTC instant deposits right? You need to wait for at least one confirmation. Is it true? That would depend on the confidence of your deposits. If your deposit is not confident enough per bitsler's system, it would require 1 confirmation to be credited. I didn't understand confidence portion. Is the user confidence level or transaction confidence level? On what basis it will be decided whether the transaction needs one confirmation or can it be instant deposit? Last time when deposited my deposit was instantly deposited into my account but didn't do any deposits recently. it is the "confidence factor" of your transaction. i believe bitsler is using the blockcypher API to get that factor. if so you can read the details of it here: https://www.blockcypher.com/dev/bitcoin/#confidence-factorthey are pretty accurate at estimating it too. funnily enough my "confidence factor" on deposits is permanently not enough to warrant instant deposit,I put decent fees usually,no idea why it considers my bitcoins not worthy of being confident in,haha I don't mind,just curious,read the link...by the way this explorer has issues with detecting low fee transactions,several sites using it fail to show your incoming balance if the fee is 1-5 sat/byte,just saying Come on guys it is just 1 confirmation away from funding your account and 1 confirmation if you have decent fees does not take too long. What Bitsler is only doing is protecting both of you as having a failed transaction can be either ones lost. If you are catching up with a promotion or some event with Bitsler what you can do is to deposit a day before so it will give you assurance that you will have the funds to participate in their upcoming promotion. |
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After many people reporting login problems, I ran into this myself. And since I advised everybody give a detailed report and I didn't see any (if I've just missed it, apologies), here it is. If I didn't logoff from one computer and I try to login onto another computer (different location, different day, different IP) I get to this window:  From this window, whatever I do, I cannot login. Attempt 1: fill user name, captcha, click login. This same window comes back. Attempt 2: fill user name, captcha, click "Join the community". Same window. Usually after a few attempts also "Don't you think you have enough?" comes out on red background. Clearing the bitsler cookies was the only way to get back in. I hope it helps fixing this bug. I have the same problem back then, but when I set my account to be automatically log-in to Bitsler there seems to be no problem. The only disadvantage about not logging out is your account might not be safe if other people have access to your personal computer. So I would only recommend this for people who has access on their pcs just by themselves. |
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I don't think that it is a new thing anymore, Bitcoin's price was jump started by these kinds of illegal activities hence it was link as some sort of "drug money" in the past where Bitcoin is the main medium of exchange for buying and selling of drugs online in the dark web. The price right now is irrelevant as even before it was priced below 100$ Bitcoin is being used in drugs and hyips. Right now the prices are rising making it more attractive for criminals to hunt their prey online.
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The only time a Fiat currency will crash is when there is a downfall of the economy of a country. Of course not entirely all of the Fiat currency but only that country's fiat currency. The value of a currency is a reflection of a country's economy so with that being said a country with a good economic standing has a low chance of its fiat currency crashing.
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The state has the right to take specific steps to regulate the circulation of crypto currency in this country. This may include taxation on profits from operations with the crypto currency, the procedure for making transactions, and so on. However, for cryptovplaty, encroachment on its basic principles of existence would be unacceptable, especially regarding the decentralization of the crypto currency and its anonymity in transactions.
Last time I check profits arising from Bitcoin earnings are taxable even if it is not regulated by the government only people who are evading taxes are the ones who are not recording there earnings from Bitcoin. Also why are we still pursuing anonymity until this time, if we want to use it in public such stores and transportation we need to accept that Bitcoin having anonymous transactions will be useless in the future, at least that is how the way I see it. |
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I have an idea for a website that will attract many visitors.
I will need to put a lot of effort to build it,
but then it will run (almost) by itself.
What will be the best way to convert it to some passive income?
Advertising? Affiliates? VIP registration?
How much should I expect to earn from it?
Advertising is good. The point on that is to get "sellable" products and that which are of high demand on your website so that people keep visiting it and making referral. Keep your prices reasonable and not too low. Meanwhile, for how much you expect to earn, I read that in the establishment of an outfit, the owner should not expect to start making profit till the next 6 months. Within that time, he rather should expect that he is still building his business and also including payment of salary. So, keep outside money for 6months on running expenses until you grow your business. This I think is the right way to go. Advertising is definitely one of the ways to monetize your website but I don't think that you can consider it a passive way to earn money as you constantly need to update your website's content to make the traffic growing or at least maintaining it. Now if you cannot do it by your own, hiring a 2nd writer or even a freelance writer is one of the many ways to keep your website alive and of course you need an editor who is in charge of filtering the articles or content in your website. |
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Indeed it is great opportunity to win nice amount of btc with small bets, but sometimes I feel so hopeless because I never won this promo since the first time. I'm so jealous with those who could win more than once in one event, of course it is all about luck. My luck was better at the early launch of Bitsler where the promos are mostly done in chat. I'm not giving up though, but I just do not want to hope too much on this promotion.  Don't give up! Someday your luck will come again! I keep trying to participate on each bitsler's promotions. I don't care whether I will be lucky or not. For me, playing contest games is so exciting. If I got lucky then it's a bonus for me! To be honest, I miss the past too! Sadly your luck will be slimmer and slimmer by the moment. Every time that Bitsler has this promo they become more popular everyday meaning new members will join the community giving you a tougher competition with these kinds of promos. Also some of them have multiple accounts played on auto. So good luck to you on the upcoming 18th Billionth Bet promotion. |
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Of course it can't. Bitcoin is not accessible to all people specially the people who live on below poverty line. Value wise it is the most expensive currency but imagine going to the store buying things using bitcoin and waiting for a transaction to be confirmed. Hell no.
What are you talking. If the price reaches the value of 10k $,bitcoin will replace the dollar. FIAT of various type.First one is dollar. At first bitcoin will replace the dollar and follow by Euro and so on.But it takes some time to make replace the FIAT. You can trust bitcoin ,it will replace FIAT. Replace in what means or way? Because I don't see Bitcoin becoming an official currency of any country and replacing their own Fiat currency on that matter. Mind you that price is not a factor in determining if it has the ability to replace a currency. One of the main reason is its legality their Fiat currency is their official currency replacing it by something that virtually exist and technically can be controlled by other people aside from their citizens is really a bad idea of destroying your economy. |
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You don't need to pay a tax while using bitcoin unless your country is imposing that you need to pay a tax. Here in my country bitcoin is not known and I don't need to pay tax. Governments should not do a law that bitcoin users need to pay tax because it will affect the bitcoin communities. But that's only my opinion.
Governments around the world don't want a large amount of money which is wrapped in the bitcoin economy has not expanded budget. They don't want to allow citizens to use bitcoin directly, therefore, will never accept the bitcoin currency. But they found a solution for myself and want to accept bitcoin as means of payment in order to take his taxes but the users were obliged to change bitcoin to Fiat. It's just a matter of time when this happens. A usage of a currency does not automatically impose you with tax, because it wouldn't make sense as it is unjust using your own money for buying things. What is deemed to be taxable are income that is received in Bitcoin because even though it is not your local Fiat currency it is also counted as income which is also taxable. The bad thing about this is people does not make their Bitcoin earnings counted in their annual income earnings because it is not traceable. An abused of this way might make the government take action. |
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I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
These are some of the reasons why people are just drawn to bitcoin and other cryptocurrencies, these reason are just way better than what we have today, and that is why more people are investing on bitcoin and other cryptocurrencies every day. For starters I don't think that plain old Fiat Currency is considered to be an investment in the first place. A fiat currency is more reliable if it has a stable value in the longer term so stable that only inflation can lower its buying power. Yes Bitcoin can act as an investment but behind that you will see that Bitcoin is too unstable to be used as a replacement for Fiat currency. You may one day buy less items because a decrease in value of your cryptocurrency. |
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It will have a major effect on its prices of course. The last time Bitcoin had a price rally all of the Altcoins and I mean all of it had go down to, during that week only Bitcoin was up and all Altcoins are down. Because all altcoins are sharing the same market with Bitcoin and they all have the same traders, it just happen to be that Bitcoin is the most profitable at that time that is why traders are selling their positions on all of their altcoins to buy Bitcoin.
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Many people need big proof to satisfy that this site is legit ..whats the best way to convince your relatives or friends
What is the best way of convincing your friend or relatives? Well I think the best way was never convince them. Lem them chase you and wonder on where on earth do you get your money, also let your lifestyle be the testimony of what Bitcoin can give you. Never waste your time on people that has no interest in learning even if you are trying your best to educate them. Else put your time and efforts on guys that has the real interest.  Well that is one of the best ways to be make them change their minds about Bitcoin. Usually when dealing with these kinds of people what you need is an evidence that you are profiting and benefiting from it as there is no other way of making them believe that Bitcoin can really help them improve their life. But from my personal experience even if I showed them what kind of money I earned only a few brave souls followed me from the path where I am going, for some reason they still lack interest with it. |
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I don't think that there is any possibility of that happening. First of a government will face a lot of legal issues protecting all the bank accounts especially all the money of their citizens within their banking system. And why will you eliminate a banking system because of cryptocurrency? When they can co-exist with each other. People think that one of them should be eliminated in order for the other to be completely successful, but that is really not the case.
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someone holds Bitcoin because they know Bitcoin will crawl up much higher than it is now. therefore they prefer to hold Bitcoin.
From the most part of my experience with Bitcoin and this forum I think that most people use Bitcoin as a profiting tool rather than use it as what is it made of. What I mean about that is people as of right now are taking advantage of the volatility of Bitcoin, and it is wiser to be that way because using it as a currency might hurt you when Bitcoin's value decrease. When you browse the topics here in the forum you will find topics mostly related to its price and its future compared to finding topics related to using it as a currency. |
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Just because bitcoin is falling in value, doesn't mean your bitcoin will be gone, we should keep in mind that bitcoin is not just a currency, but also an asset, bitcoin may fall down but will also rise, it is just how investments work, the value of your asset will depend on the number os shares you have, in this case, how many bitcoins you have. We shouod remember that whenever we enter an investment we should always make a plan, so whenever the prices goes down, we still gain profit, and whenever there is a negative news, we need to do our own resrarch and validate it, because sometimes.history repeats itself, and we.might find a strategy to use then.
You don't always have to validate a news source because by the time you have validate it the price of Bitcoin is already moving. The most important thing to do is to observe the chart because that is where the action takes place and that will be the basis of your plan will be. Also when Bitcoin is falling down and has bottomed out that is your chance to buy Bitcoin on its lowest point giving yourself a margin of safety for your portfolio. |
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
Its a good idea that bitcoin will be advertise on the Television. But we must expect that there's some company that do not agree about that. And they make a plan just not to advertise that. Because if the bitcoin advertise on the Television more company and banks know that someday if all people about the bitcoin they definitely go to it. And the government too. I don't they allowed the advertising of bitcoin in the Television. I don't know where you are getting your statements are but I will correct some of your misconceptions. - Companies cannot stop any kinds of Advertisements, the governments are the one who are in charge of it screening what can be seen in televisions.
- Why will Bitcoin, a currency, advertise itself when it is not a product but a currency for dealing transactions with?
- Why will companies hate Bitcoin in the first place? It is a currency it is not some kind of competitor that can post a threat to a company
Bitcoin does not need know advertisements it can mislead people thinking that Bitcoin is a product of a company, the best thing for Bitcoin is to grow naturally by itself without any kinds of promotion. |
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As usual I see complete illiteracy in economics in the posts above. Supply and demand have very little to do with a cryptocurrency.
If people do not spend BTC to buy everyday things the price will fall to $0 because the majority will realize that the promise of it being a viable currency is either a lie or unrealistic.
It really disgusts me when people compare BTC to gold, silver, etc. People hold precious metals, land, and art in the event of hyperinflation. If that happens and fiat becomes like toilet paper they still have something tangible to trade that is KNOWN by most, if not all, merchants.
IF BTC HAS NEVER ESTABLISHED ITSELF AS A CURRENCY IN THE MINDS OF THE MASSES IT IS EFFECTIVELY WORTHLESS!!
This "store of wealth"/Ponzi scheme mentality that most on this forum insist upon WILL NOT LAST if BTC doesn't become a commonly traded currency with a FOREX trading mentality being secondary.
You people that think that everyone is putting their money into BTC to earn a profit ONLY, and with no intention to spend it, are GOING TO LOSE YOUR MONEY. Sooner or later everyone with money in this game are going to figure it out and the whales are already fully aware and ready to dump their holdings at a moments notice. All of you tiny little fish are going to be holding an empty bag while being completely unable to accept or understand that your delusions were completely wrong.
Not Spending Bitcoin is different from Holding it. Not using Bitcoin as a currency but as an investment is currently being done now. What I mean about that is people are actually holding Bitcoin more rather than spending it, which is directly opposite to what you are saying that it will have a value of zero. People who are holding Bitcoin and not selling or spending it are actually contributing to the price increase of Bitcoin because they are pressuring the buyers to increase their price offering to buy their Bitcoin. |
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