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441  Alternate cryptocurrencies / Altcoin Discussion / Re: Investment advice please on: November 07, 2017, 02:18:44 PM
Focus on the volumes of those coins because you should remain updated with your current investments before you decide to get more coins.
If you can, please share the list of the coins you have invested in, and we all would help you to decide if your coins are good enough or you need to add something to your portfolio. Still, it's better to wait some long because altcoin market is under slack atm and will rise once Bitcoin gets balanced.
442  Economy / Gambling discussion / Re: Gambling and Relationships! on: November 07, 2017, 01:34:54 PM
Anyone who has ever been or are in a committed relationship or marriage where both people gamble? Or in a relationship with a gambler with a friend, best friend, family related etc...  Knowing you are in it together is weird comforting and gives me some sort of undefined explanation.

What does that look like for you? Your experience needs to be heard.

If you take "me" at the place of an observer, I won't have any problems with someone doing it because I also do it. But I will never support somebody who would completely get addicted to it and forget their responsibilities that they need to handle of their families. And if it's about me, still I don't think anybody in my family and my friends have any problems from me gambling as they know that I don't get into it fully as well as remain in my senses to stop myself at times when needed.
443  Bitcoin / Bitcoin Discussion / Re: Surviving segwit2x hardfork on: November 07, 2017, 01:17:48 PM
snip --

What are you going to do when the Day comes?

1) HOLD bitcoins

Holding could prove better if the assurance proves right that our coins won't get harmed (like going totally devaluated).

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2) Temporarly switch to altcoins (Ether, Lite, ...)

Not good because after the fork, I am sure that some more downfall may be there in the cup of investors for altcoins before they stabilize and run the markets back to up.

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3) Sell BTC for USD, than buy back after the fork.

Still not a better alternative, because being completely unsure that which coin will gain the most confidence, as well as value for investors, will prove to be a very escaping situation.

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4) Swtch to Bicoin Cash hoping it can go 3-10x

Hopes? Never. You need to believe or let it go.

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5) Other option.

Stick to Bitcoins as said in Step 1, no need to do anything but wait for the situation to take place.
444  Bitcoin / Legal / Re: Is it legal to sell bitcoin for cash ? on: November 06, 2017, 02:42:06 PM
I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so ? Amount is close to 3-4K.

Thanks for reading.
Where I live,  you would have to pay taxes on all income including that from selling your bitcoin,  but as long as you paid the taxes you would be perfectly fine and it would be legal.  However,  if you tried to evade the taxes,  then you would be in big trouble and possibly go to jail even for such a relatively small amount compared to the amounts that some other crimes have been committed for.

Nothing new, because when you convert your Bitcoins to "fiat", it becomes turned into a local currency that you use for your local expenses and that comes under the Government's banking system as well as centralization hits you there which is why proper tax guide is needed in order to pay correct taxes. Here at my place, if you show that you got paid for Services, you need to pay Goods and Service Tax over this and if you show that you gained something through trading, there's a Capital gains tax that you need to pay. I try to pay Capital gains over GST by showing this as a trading income, but sometimes I don't need to pay anything because the amounts are not too high and non-taxable as well as out of tax slabs.
445  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: MyEtherWallet on: November 06, 2017, 02:34:25 PM
Do you think MyEtherWallet is safe ? Coz its PK feature feels unsafe to me , you could just randomly type numbers & letters (a-f , 0-9) and you'll enter a wallet ..

Randomly type something?
You think it's really that easy to get someone's private key stolen or be put over there?
That way, even Bitcoin possesses danger because there are some websites which leaked private keys of billions of addresses, but if you decide to find one with some balance in any of these, I guess you will need luck and power of light years to get one.
There are many users who are using MEW and are satisfied with the service including me, at least they are not like many other wallets that don't even give you the possession of your private key as well as don't support ERC20 tokens.
446  Alternate cryptocurrencies / Altcoin Discussion / Re: bitcoin fork in december on: November 06, 2017, 02:11:28 PM
news is coming after b2x fork there is another  fork in december named with bitcoin silver what u think obout it?

Any source? This one is seriously ridiculous.
Gold, Silver, Cash, Fuck. This is all creating too much mess in crypto world as well as confusing the ass off investors and becoming a pain for everyone thinking to invest in Bitcoins as the brand is now being attached to these "forks" that are providing nothing but creating too much ado for everyone.
Whenever we search for Bitcoins now, Bitcoin Cash and Bitcoin Gold's advertisements pop up at first and others leave it thinking there are so many types of coins in the market, they get scared due to being unaware of the fact that there's just one single real Bitcoin.
447  Economy / Gambling discussion / Re: gambling ends on: November 06, 2017, 01:58:30 PM
nowadays gambling industry is a very profitable sector of business, and much new gambling keeps coming out. I think it's gonna be hard for gambling industry to runs out of a player because many people addicted to gambling and some of the gambler make it as a source of income.
Everyday there are plenty of people who gets addicted to gambling hoping that they can easily win money. So gambling casinos are popping every where like mushrooms because this kind of business is booming.

Many are joining but few a winning and that's how unfair the world is, there is a growing interest in especially online gambling because of the use of bitcoin and cryptocurrencies and this interest has sparked many to open up more gambling websites and that business is currently thriving.

Giving all of you a reply one by one:

vv181, they may just try to make gambling a source of income but facts are a lot different. Nobody in this world could survive over gambling unless they have huge luck or they are too good at the games they play.

yoonah, nothing new as of what you said, the same thing was told by vv181. Wink
It's not proven anywhere that "ALL" of the casinos are in profit because I have also seen many casinos going bankrupt over few people's huge winnings.

Unfair huh, szpalata? How is it unfair actually? It's you who gamble, it's you who decide to play at their casinos, so how is it unfair?
It's the rule that when someone wins, somebody also has to lose to let the game going. Tell me that if you own a casino, would you give the winnings out of your pockets?
448  Bitcoin / Legal / Re: Is it legal to sell bitcoin for cash ? on: November 06, 2017, 01:44:44 PM
I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so ? Amount is close to 3-4K.

Thanks for reading.

It depends on the country where you reside because certain laws don't allow amounts exceeding "x" $ or the currency of your country per month, you may do it like try to redeem some amount this month pertaining to the limits that are to be kept in mind and the other in next month. I can understand that there is some risk involved of the price decrease, but going through law could be the best option than to get caught under radar for any fucking "accusation" they may charge you for.
449  Bitcoin / Press / [2017-11-05] BitGo Engineer: Bitcoin Price is Building Momentum to Bust Thru S2X on: November 05, 2017, 02:36:25 PM
Jameson Lopp, a BitGo engineer, and a lead developer thinks that Bitcoin is seeing a surge in its price mainly because of the upcoming fork that's coming in the way this 16th November. According to the charts, the price rose harshly during the month of October following the news that CME and CBOE will allow Bitcoin futures on their exchanges and the surge started from 3300 to over 7400 which is over 2 times and more than 200% in just a period of 30 days.
Do you feel the same way that we might be a victim of a big crash after 16th passes? Or it will continue its rally even after that?

Source: https://www.cryptocoinsnews.com/bitgo-engineer-bitcoin-price-building-momentum-bust-segwit2x/
450  Bitcoin / Bitcoin Discussion / Re: What if Bitcoin mining becomes illegal world wide? on: November 05, 2017, 02:22:57 PM
Will that be an end of bitcoin?

No, because I have heard that Satoshi has set up a few nodes and machines already which will still maintain the efficacy of Bitcoins, but obviously not at a worldwide level (means when it goes mainstream).

Quote
If all mining operations becomes illegal all over the world. Why authorities are against bitcoin mining?

Authorities are against it because it is somehow harming the ecosystem by using a lot of electricity and power to mine Bitcoins. They fear to lose it all over the mining equipment when in some areas of few countries, they are not even able to get electricity for an hour properly.
451  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin crash is imminent on: November 05, 2017, 01:50:26 PM
Bitcoin bull run is nearing its end, the steam is running out. Altcoins will rally after the fallout is all said and done.

BTC price at post $7,288

I think yes, it is possible post 16th November.
Many CEOs, Developers and Engineers are giving statements that it's all increasing just because they want to knock out SegWit2X hard fork completely out of the game which is why investors are pushing the value so high and at a stretch, it's all looking extremely epic. While I still don't know where will it be before 16th, I can clarify that we may see a big crash (not necessarily, just a speculation) in Bitcoin's value after the hard fork scene gets settled and/or it could even head upwards. Who knows? But all this is getting very exciting day by day.
452  Economy / Gambling discussion / Re: Betting on cryptocurrencies prices on: November 05, 2017, 01:29:36 PM
binary option website which is held signature campaign maybe you mean is secondstrade.com but very unfortunate they are currently closed their service because i have tried visit their website but it was never reach to that site but there is not much casinos provide for this game because this kind of game doesn't so popular such as dice or poker even if there are several site available i think we have to do some research to ensure those site is legit

I'm pretty sure that Secondstrade rebranded.... they have had a pretty dodgy history here on the forum from looking at the their trust rating. Long before the hacked account debacle, there were complaints about rigged options and violating their own terms on multiple occasions. I think the people behind Secondstrade are now running GoGoOption, which recently ran an advertising campaign on the forum.

I'd stay away from binary options, personally. At best, you are getting bad odds on a gamble where you can't possibly have an edge. I'd prefer to do martingale dice or online poker if I wanted to gamble with better expected value (with emphasis on poker).

As I already said, odds are very odd and they are not here to lose just like us.
For someone to win, many have to lose and that's how these sites pay their winners.
Just like you, I also like dice and sports betting because we know the outcome sometimes and we crack on them easily, but in binary options, it's easy for these sites to do some "molestation" with the system and show the price they want to show and you already know that people lose by even a single point as it's all been seen on a point-by-point basis. It's still better to stay away from such sites.
453  Alternate cryptocurrencies / Speculation (Altcoins) / Re: $90,000 to invest in crypto for million dollars on: November 05, 2017, 01:08:10 PM
hey guys im new with cryptocurrency market. i trade stocks. i want to invest in one small coin and chose SHIFT. do you think it can make me a millionaire or not? thanks

SHIFT looks to have been dumped 10 times from its highest level at 0.0012 and if you got in at such values or even half of it, you must have incurred a huge loss. But if not, try ADX and BTS as both possess better volumes than this coin. If I were to go trading alts at such times, I would never choose a single coin but diversify my portfolio into different coins as if one goes the wrong way, at least the other could recover my loss. Each coin has some potential and with your capital, you only need a 10-12x to become a millionaire. So why take chances?
454  Alternate cryptocurrencies / Speculation (Altcoins) / Re: right time to buy alts on: November 05, 2017, 12:59:03 PM
For me yes. 3 days ago i bought about 2K clam at range 50K and very unexpected, now its value has grown to 70K  Grin. It seems profits i got big enough. Provided we are observant to see potential of altcoin. This is a great moment to buy altcoin.

It was because the value of Bitcoins got stabilized at 7395 and was stuck between 7300 - 7500 and so, alts started to rise but still stay calm as these altcoins' bull trend could be a trap currently as BTC is not going to stop yet. It's always better to get out with 10-20% profits which are still better than waiting for long and seeing the same coins going down even below your buy price.
455  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][tokens] Next generation cryptocurrency trading platform on: November 05, 2017, 10:57:00 AM
is there any minimal threshold for initial purchase?


Hello journeyopencart,


ICO goes live on November 6, and there will be no thresholds.


tokens

Do you mean that we won't have our tokens locked when you said that there will be no thresholds?
Sorry to ask that because I am unclear about it.
Are these "tokens" (DTR) just going to be traded over your "decentralized platform like Waves' DEX or you are planning to get it over Bittrex or Polo?
Because I have not seen too much trading going on over such exchanges that are provided by ICO devs and even DEX by Waves.
According to your statement, your crowdsale ends when your target of 15 million gets reached. But what will happen if it doesn't?
456  Economy / Speculation / Re: Bitcoin price when all it is mined on: November 05, 2017, 10:47:12 AM
$0 or $1,000,000

0 is an unreasonable number when you know why it is succeeding currently. I don't think it will ever get to that price.
If we don't get mislead by some delusions that are getting seen daily by some giant names and continue to support Bitcoins (which is why Bitcoin is here and will be at the price I am going to say), we will and should not be under a million after the last coin mined because miners will still get their mining fees paid (not the rewards as it will be ended after the last mined coin). Until the situation occurs, I believe we will already have Bitcoin be taken as a globally tradeable asset all around the world and when everyone joins their hands, the speculation level will also be very high compared to now.
457  Bitcoin / Development & Technical Discussion / Re: Segwit Addresses explorer? on: November 04, 2017, 07:20:58 PM
BIP171/Bech32 is a draft (but with a very high probability of being final) so it is possible that the addresses format may change.
It's BIP 173, not 171.

That is not how BIP drafts work. Once a BIP is in the BIP repo, it is practically final. The spec can't be changed too much by that point. Draft just means that it is not widely deployed on the network yet, not that it is still being drafted and can change at any point.

Bech32 is finalized, just not widely deployed so it's BIP status is not final. Also, there are still several things that are listed as draft even though they are widely deployed to the network and won't be changing, e.g. BIP 152 (compact blocks).

Under which BIP proposal does this SegWit2x scheme comes?
Can you exactly explain what this S2x BIP contains so special?
Will the upcoming addresses be different and acceptable?
Why are all these "proposed upgrades" needed? Or are they even needed?
Is this an upgrade itself or a "casual" split?
458  Bitcoin / Bitcoin Discussion / Is SegWit2x a Major Blockchain Upgrade or just another Chain Split? on: November 04, 2017, 07:07:24 PM
I am too much confused over this and decided to ask you that is SegWit2x going to be seen as an upgrade here to the current ongoing chain?
Or will it be split the way we witnessed at the time of Bitcoin Cash? I have not seen so much about B2X but I think it's still seen as an alt and to run an alt, we need a different chain or the same chain but with a split, no?
459  Bitcoin / Bitcoin Discussion / Re: India may ban Bitcoin! on: November 04, 2017, 06:58:05 PM
This will be the worst decision the Government of India will take because they should not stop the use of cryptocurrencies but rather try their hands on stopping the ongoing scams. Just the way Roger said, they will be stupid enough if they decide to eject cryptocurrencies out of their country just for the sake of their own satisfaction (to keep control over people's finances). Governments are scared due to the fact that they might lose it to Bitcoins which is why they are in the making of something that could give a shock to either people who are in support of Bitcoins atm or could be a shock to themselves after seeing money being sent offshore for trading.
460  Economy / Service Discussion / Re: What is the future if bounty campaigns? on: November 03, 2017, 06:37:15 PM
It is not a secret that most for now ICO is a bubble and there is too many projects trying to gather funds this way. I expect this bubble to dump in the next year and then we will be able to see the real amount of ICOs. This will definetely affect the bounty campaigns on this forum. What are you expecting? Will the bounty campaigns change their rates (not only in btc but also in usd value) or they just won't be affective and devs will give up on them?
I'm curious to hear the opinion of mature users of this forum that seen the developement of such campaign activities.

Firstly, the decision of SEC to take down ICOs or check them if they are going to keep their words or not is actually fantastic. We really need someone to protect us, not after getting stuck by investing in an ICO, but by reviewing these ICOs and giving a fair decision over what to be done and what not.
Bounty campaigns will surely change the values in BTC but not in fiat, still, it all depends on what kind of project is it and how much investment is needed.
I have seen many devs claiming that when bounty campaigns don't work, they decide and stop these campaigns but not the project. They keep the project going and work on it, try their best to complete what they have promised and come up with the finished product.
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