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441  Economy / Service Discussion / Re: GENESIS-MINING Review: full disclosure, Cloud Mining (+get free Steem/BTC) on: June 11, 2017, 10:52:42 AM
Excellent stats and in my opinion generlaly an unbiased, factual representation of Genesis-mining apart from the fact that you are trying to refer people into buying contracts which i think isn't a good thing especially when you know that ROI is almost impossible to achieve under a year.

I bought a genesis mining contract a year ago approximately and was hit hard from the halving - after the halving i wasn't receiving any sort of payouts because the maintenance fees somehow exceeded the daily payouts.

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why so many people talking like that about genesis ROI i calculated and found out that my ROI  would take up to 6 months (5 in the best cases) it depend on a lot of thing actualy it doesnt depend on genesis

If it only took 6 months then this is free money from all. But obviously it isn't - you cannot get ROI in 6 months, and that's a proven fact. Even OP shows that ROI can only be achieved in over a year. And this is coming from a period where btc prices are rising constantly.
442  Bitcoin / Bitcoin Discussion / Re: Scary tweet I've just read! on: June 11, 2017, 10:45:26 AM

It's not scary at all. It's actually been there for a while now and nobody really pays attention to it because honestly it's something that doesn't affect bitcoin at all nor does it do anything - apart from scaring newbies i guess.

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Read this: https://bitcointalk.org/index.php?topic=354518.msg3794536#msg3794536

I'm not sure what the purpose of that site is, unless it's a joke. It isn't a database (that would be impossible), it's generating the pages in response to queries. So possibly an attempt at a scam, as in you look for your private key, and the holder of the list uses the generated pages to narrow down the possible addresses that have actually been used (there are 2^160 possible addresses, or 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976). Since people have trouble putting that in perspective, there are only 2^63 grains of sand on all the beaches of Earth.

The total number of bitcoin addresses in use is so much smaller than the amount of possible addresses, that something like this is completely and utterly useless, and it would also be trivial to expand the number of possible addresses in the future. I laughed when I saw that website, cause I just know people who don't know the math are furiously putting page numbers hoping to find one Wink. You'll likely witness the heat death of the universe before that happens.

Searching through that 'database' or so called database will only waste your time. The chances of you finding a collision is no better than if you just created a bunch of new addresses from your desktop client, the odds are astronomical.
443  Economy / Speculation / Re: [POLL] Will Bitcoin hit $ 500,000 by 2030? on: June 11, 2017, 07:07:19 AM
I got it will rise but not so much. I'm actually quite surprised about how many people actually chose "i'm sure it will" instead of any other options. Maybe i'm wrong since everyone else seems to be confident about their choice...

Anyways, although this prediction has some credibility as it is made by Snapchat's first investor it is probably based off nothing but gut feelings. And I understand that sometimes gut feelings are actually more effective that all the analysis crap. I see bitcoin slowly going up in boom-bust cycles in the long term, with 1 halving being one cycle. In my opinion it'll usually double the price per cycle. In my opinion $100,000 is extremely possible and i would say likely if fiat collapses, but $500,000 which is the price of a small apartment seems unlikely.
444  Alternate cryptocurrencies / Altcoin Discussion / Re: Are there people here from 2013 who are not millionaires now? on: June 11, 2017, 06:48:15 AM
No lol. Otherwise why do you think that most of us are still on this forum anyways? If I was a millionaire i would be enjoying the high life and taking vacations whenever I can and not bother to check back on this forum every once in a while... Sigh.

You can't assume that people just held through all these years. I've been using bitcoin since 2010 and i'm still a pretty broke bloke. The worst thing i did with my savings was to buy in at 2013 near the ATH only to sell it at $200 apiece a year later. Absolute stupidity if you ask anyone right now. But things looked grim back then, bitcoin was still in its early stages and didn't have many believers. If i held these coins i still would have doubled my money which is crazy if you ask me.
445  Bitcoin / Bitcoin Discussion / Re: Does regulating bitcoins is necessary for global adoption? on: June 11, 2017, 06:43:02 AM
I voted for i don't care.

Regulation is completely unnecesary for bitcoin. Bitcoin can survive without any sort of intervention from any world governments and will function as intended to be. Nobody can shut it down because as long as people are running bitcoin code and using the bitcoin blockchain to conduct transactions, this ledger will still be here and isn't going anywhere.

Regulation and legalization can bring positive things to bitcoin i guess. People might hear about bitcoin being legalized in the news and decide to try it out themselves, but really i don't think the impact is going to be that great.
446  Bitcoin / Bitcoin Discussion / Re: big transaction fee in Bitcoin , really down the future of btc ? on: June 11, 2017, 06:27:16 AM
I don't think the fees are going to remain within this high range as soon as a solution is found to the block size the fees are going back to a normal rate of 0.0001 but even then, 0.0001 is still highly expensive with the rise in BTC price since it's equal to $2.8 or so now, it would be better if the default fees than everyone use is lowered to 0.00005 or something.

There isn't a "default minimum fee" that the network has to set. If the blocks are empty and/or the transaction sizes are able to be shrinked so that they take up less space each, then miners obviously have financial incentive to include transactions even when they have a lower transaction fee attached because otherwise it would be a waste of a found block. Some pools might rejects transactions like this but others will. It really depends on the size of your transaction and the amount involved. You can't say i've paid 0.0001 BTC for fee, so therefore i'm good.

And also 0.0001 BTC is $0.28 not $2.8. If we can revert to that as the average fee then i think most people will be very happy.
447  Economy / Economics / Re: Market Cap, newb question on: June 11, 2017, 05:59:56 AM
Why is it that when people compare coins, they bring up what the "market cap" would have to be in order to project a price? Why does this matter, if it's just coin price x number of coins?

Why would one coin not be able to achieve a particular market cap?

Market capitalization is a better comparison than price alone because some altcoins can issue more tokens than others. For example, dogecoins/bytecoin versus Byteball. Byteball is worth $600 a pop right now whilst dogecoins/bytecoins are a few cents each. Now you can't just say that byteball has achieved higher height sthan dogecoins or bytecoins simply because it's worth more. Thta doesn't work.

Market cap basically represents all the liquidity available in a market. However it's not always accurate. Coins can get pumped quickly and market cap fluctuates quickly and trades are magnified infinitely by pumps/dumps. Therefore, i believe that community and the technology that backs up the coin itself is most important.
448  Economy / Securities / Re: [Crypto-Games.net] Investment Returns, Updated weekly, Week 22, +22.43% in BTC on: June 11, 2017, 05:52:58 AM


I started tracking my own progress. As you can see, the returns have been pretty great... too bad LTC is tanking right now...

That looks like a sexy chart. I've recently just discovered crypto-games and have been hitting myself in the head for discovering so late. Seems like even though the house edge is low to attract players the returns aren't too shabby at all.

It does seem like though that usually altcoins will generate lower profit levels because of a lack of players playing altcoins, especially Gridcoin. @OP Is it wise to not invest in this bankroll since nobody bets on it anyways?

Thanks for the awesome stats OP!
449  Economy / Speculation / Re: how long till cryptos hit $200 billion? predictions! on: June 11, 2017, 02:44:27 AM
So we hit $100 billion cryptocurrency market cap the past few days. How long do you think it will take to reach $200 billion? 6 months? a year? longer?

And how long do you think it will take the two main cryptos, bitcoin and ethereum to hit $100 billion market cap each?

Personally I think we'll see the $200 billion mark passed right around the end of this year, with Bitcoin and Ethereum both passing $100 billion by March 2018. Ethereum I think will catch up to Bitcoin right around the $100 billion mark.

Crypto market cap is probably not going to increase any time soon. My reasoning is that altcoins are in a major bubble currently and the majority of the entire cryptocurrency market capitalization is currently made out of the hundreds of altcoins. This isn't going to last long. What I can see is that altcoins in general will drastically decline in price after this pump is over and the reality settles in, and bitcoin rising in price.

The market cap is going to probably stay the same, whilst the bitcoin market cap increases dramatically, balanced out by the decreasing altcoin market cap.
450  Economy / Services / Re: [OPEN] ChipMixer Signature Campaign | Accepting Sr. Member+ on: June 09, 2017, 10:15:54 PM
I am currently in the bitmixer campaign but willing to give this a shot if accepted. Will update sig as required. Thanks!

Username: jorneyflair
Post Count: 882
BTC Address: 1N3R537gHRSkoaucWUkm4VJd1g2xW4SoKY
451  Economy / Scam Accusations / Re: Poloniex isn't being professional at all with me on: June 07, 2017, 09:41:24 AM
so previously I was able to log in to my account , but when I try to exchange the system shows that my account is frozen
now I can't access Poloniex at all , it's showing that my IP address is blocked so I can't even access poloniex trollbox
http://imgur.com/a/XArpS
support still not answering my ticket , so my withdrawal request is now pending for 22 days and my account is frozen since 37 days
can't believe that this is happening with the most trusted and secure exchange

any thoughts guys ?

I think that poloniex is basically the biggest scam out there right now and anyone that is still uusing their service is at risk of being goxxed/cryptsy'd again. Withdraw when you still can, otherwise you may not get another chance and will have to wait till a court hearing .

it used to be a very promising young exchange. I remember that their support were really supportive ,and everyone was super exciting on the trollbox .But That can't be further away from the truth , right now.

Pretty sure that trollbox got indefinitely removed from that exchange already, it's not a surprise honestly because nobody can reach the support and everyone was calling them out on the trollbox .As i said, withdraw when you still can! They ban your IP, try signing in with a vpn. If it still doesn't work your only hope is the support answering to your request which probably wont happen.
452  Economy / Trading Discussion / Re: My first day of trading on: June 05, 2017, 06:36:14 PM
i am also new to trading i have invested 150$ in poloniex . i bought steem and etc coins after 10 days i got 50$ extra.some experienced people told me like  follow the each coins news specially like [Suspicious link removed] we follow these definitely we will get experience.
Well sir, I think you should change up your style of investing, and not follow someones else steps.
You need to remember that in fact, nobody cares about your profit, or loss. If someone is helping you, he usually has a reason to do that or at least he will get some gains from that.
Im not assuming that everyone will give you hints just for his own advantage, because I accept the fact that you might have some friends who are doing trading and they are willing to help you, but don't forget that it will be always better to know what to do, and to just make up your own decisions.
If you are experienced enough to survive in bad times, without anyones help or insights, then it means you are ready and prepared to encounter really big troubles coming from the market.

Remember, educate yourself and try to avoid taking advices from anyone else.
453  Economy / Speculation / Re: what's best time to invest in bitcoin ? on: June 05, 2017, 04:34:20 PM
Hello Guys ,

I am new here & i want to Know what's best times for invest in Bitcoin ? Grin Grin

i'll buy buck amount of Bitcoins , so i want to know the best time for buy  Wink Wink
Im glad that you have joined out tiny world of cryptocurrency investors, but I think that the first step would be not to buy bitcoins, but to just observe the price, news and overall approach on cryptocurrencies.
Reading threads on this forum may be really helpful for you, if you want to make correct decisions and to know by yourself what is the best moment to buy/sell bitcoin, then you need to educate yourself, and gain more experience!

You can always try a way to just buy bitcoins every week/month for the same amount of money, let's say that would be 100$ monthly.
So at the start of every month, you just buy bitcoins for 100$ no matter the price is! believe me or not, but in a long term I can almost guarantee you that this method will work fine enough to make profits.
454  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Choose altcoin for trading on: June 05, 2017, 04:04:47 PM
The amount of altcoin is overwhelming,
So I am confused to choose a good altcoin for trading, Can you please mention any coin whose price is stable, So I can include it in my trading list,
I once had a bitter experience, I bought altcoin, but in the end it did not sell And lost from the market,  For example digieuro

This depends only on you, because you cannot actually tell that some particular altcoin is better for trading than the other one, but this is only my opinion.
I think that way because every single cryptocurrency has some moves of its price, it goes down or up: but the part of them are too volatile to make day trading on it that includes really huge amounts of cash, because you will make influence on it plus this kind of activity is extremely risky.
If you want to touch cheap alts, then just buy some of them for some small amount of cash, because it is not worth it to make regular trading on them, but if you prefer cryptos like ETH, XMR or LTC, then you might be successful in just buying/selling it even on a short term.
455  Economy / Marketplace / Re: how earn btc from online??? on: June 02, 2017, 07:59:09 PM
I have found out that it is pretty funny to see such a threads being created all the time, but it is not a surprise for me.
After all, we are at bitcointalk.org, so we are here to discuss about bitcoin, blockchain, cryptocurrencies and many more subjects that are related to BTC: so it is kind of obvious why people are still making such a threads.

Some of them are simply too lazy to browse through almost endless pages of topics, to find the answers they are seeking for, so they prefer to start their own thread, where the question will be answered in no-time. More new people means even more threads like that occuring over here, because that is all about the mentality of people.

How to earn BTC? trading crypto, signature campainings, investing it, use freelancer websites, etc. Im sure that this question was answered like trillion times already Smiley
456  Economy / Speculation / Re: will bitcoin reach the $4000 mark this year ? on: June 02, 2017, 07:31:05 PM
Well, I really doubt that we will be able to touch the 4000$ price level, I even think that we are not going to see 3500$ in this year.
As we have seen last months was some kind of a gold rush, but in cryptocurrency world.
Almost every single crypto has increased its price, people were doing some strange things, like buying bitcoins on 2700$ level etc.

To be honest, if you have been into cryptocurrencies for more than few months, there is no possibility to make such a stupid thing like buying it on such a price, just take a look on chart. The whole madness was run by new people who decided to get into this business with their money: fresh financial shot has given cryptos such a big price increases, but i really doubt that something similiar will occur in this year.
457  Economy / Economics / Re: Can you really make money on Forex? on: June 02, 2017, 07:14:23 PM
I dont really get that question to be serious :O
You can always make money on trading, and it does not necessarily have to be trading markets, it is same situation like you buy a car for 10,000$ and sell it for 11,000$. It is simply a trading.

Of course it is possible to make money on forex, leverage can give you a lot of help, but bear in mind that it makes you risk more: the margin call is something you need to br aware of.
458  Bitcoin / Bitcoin Discussion / Re: What type of wallet do you use? on: June 02, 2017, 06:57:00 PM
I really love to use electrum, i gotta say that it is an awesome wallet, you can pretty much control the fee you want to give, and there is no limits basically: you can give up even 1 satoshi fee Cheesy
Obviously, that does not make sense brcause you would never get the money transfered, but still that is a great feature.

I use coinbase for smaller amounts, because it is mobile and easy in using.
459  Economy / Trading Discussion / Re: I have about 50$ where to invest ? on: June 02, 2017, 02:25:58 PM
actually $50 is a very little amount for investing.so you can try earn from this forum by social and signature campaign.and when it will a big amount then invest in only high ranked coin. Xrp,eth, and also i suggest you to buy waves coin.bedt off luck
Well, to be honest I would not suggest anyone to get with his money into Ripple, even if the amount is so small as 50$.
You should notice that XRP is not even a real cryptocurrency, it was created by banksters and banks to make settlements between them.
It is not decentralized, and you need to know that the most important thing about cryptocurrencies is that they are decentralized so nobody can control it: it is not like that with ripple.

In my opinion, you should just get some  bitcoins from signature campainings, so first make your rank higher and  then collect more than that: and start doing some investments , e.g just buy ETH Smiley
460  Economy / Trading Discussion / Re: When do YOU sell? on: June 02, 2017, 02:12:04 PM
When do you decide to sell?

Is it a sat, a % of profit, or even a randomly thought up number in your head?

I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.

How do you determine when to let it go?
In my opinion, you should always seek for some specific target when you are doing any kind of investment.
It is same about gambling actually, if you want to do it reasonable: set up some goal for yourself, that will satisfy you enough. Same with trading, and same with gambling: you will encounter scenarios in which your decisions will turn out to be wrong ones.
The exact goal can help you a lot with your plans, because you know what you want . But also, be reasonable in doing this because you cannot just have hope to get 150$ from 100$ investment on any crypto, unless you pretty much want to risk your whole balance.
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