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Right now I'm just holding and waiting, the situation changes too rapidly because of the current spike. But I kept buying small quantities until $4800 and I intend to continue when the smoke clears (maybe after the forks).
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The distribution continues, so anybody who did not receive the bounty yet: have some patience. I've got more tokens recently, seems to be Telegram and e-mail subscription bounties. Thanks to the developers!
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How much is the minimum coinage for staking ? When I calculated my coinage it says 0. I have to reach the minimim before I can stake or there is any solution I can do so I can stake my coins right after I receive my coin?
Any answer is much appreciated, Thank You.
The minimum period is 3 days. My coinage is also 0, because I got the tokens from the 2nd airdrop less than 2 days ago. |
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Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?
One theory is that people are buying BTC to hold them for a couple of weeks and to get the upcoming Bitcoin Gold. |
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It depends on the meaning of 'crash'. I am happy to see the current rise, but such fast and continuous increase is definitely unsustainable in the long term. A correction is inevitable (although the maximum before it is unpredictable), but I do not see it as a 'crash'. I think it is going to be similar to what we've seen in July and in September. Sharp rise, then fall, say, to 2/3 or 3/4 of the maximum, then stabilization or maybe the next rise.
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Comments like that make their thoughts known that they want to stop cryptocurrencies because it can ruin their business. They will use reasonings like "to protect the consumer" or "to prevent fraud".
No, they do not want to stop cryptocurrencies, they want their share of profits through taxation. Their plans seem to be regulation, licensing and taxation of exchanges and miners. |
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Received my tokens, thank you! Now I'll wait for token-days to accumulate and try to mine.
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Deleted double Entry for You ( Can just do it once, because of the confusion with two threads)
Thank you, now I will be absolutely sure that I am in the form, so I will not do it for the third time... |
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Submitted the form twice, please delete entry #3133. Search in Google docs is weird, I was not able to find my first submission for some time...
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I'm almost sure that the real purpose is taxation (through regulation and licensing) of exchanges and miners. What more can you expect from a communist nation like Russia?
That always make me laugh. Russian government and mass media are openly and blatantly anti-communist and were so for almost 30 years. |
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How to know the amount of the fee when doing a transaction? Haven't experienced it yet.
It depends on the client you use, but so far all of them than I've used allowed to see and select the fee. Exchanges set fixes fees for withdrawals, but they are always indicated beforehand. |
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Good news. I've got my tokens more than twenty days ago, but so far, with all these scam accusations, the project seemed to be dead.
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It seems the Russians are going to follow the Chinese lead and ban all cryptocurrency exchanges and am sure that like the Chinese, they are going to license them in the near future and regulate the whole thing so that they can get some money from taxing all those exchanges.
This is a likely outcome. Regulation, licensing and taxation of exchanges and miners - that's what they are after. |
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Received 400 PYB, thank you!
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No, BTC ban is extremely unlikely now. As far as I remember, latest ideas were to allow only regulated financial institutions to exchange bitcoin to fiat and back (and ban non-regulated exchanges) and make miners to pay taxes.
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My journey started on Sep 21, from Boston to NYC, flight to Egypt then Turkey, back to Boston! Carrying $100 just in case and 3 bitcoins in my wallet! Fuck If I will ever carry credit card, or cash any more: 1- I used Localbitcoins for cash! Search for best local currency rate! 2- How much I save from credit card fees and Fiat exchanges: $305.
3- Is it save to deal with Localbitcoins in person overseas? Yes, so amazing nice guys, you are making friends  You should try it! & $100 stayed with me! and I spent less than 1.9 btc in both countries!!! Interesting story. It would be nice to get more information. Which cities in Egypt and Turkey did you visit and where did you meet those Localbitcoins dealers? I think situation may be very different in a 5-star hotel in the capital and in a small remote town. And it depends on the country. In the city where I live (about 400,000 people) there is not a single place where I can spend or exchange bitcoins. It is possible to exchange bitcoins to local currency online for a local, but it would be near impossible for a foreigner. |
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I can see that is very complicated and does internet speed affect bitcoin mining?. I mean what if i use solar power and have fast speed assuming i have good unit.
The speed of your internet connection does not matter, unless it is extremely low and unreliable (years ago, when CPU mining was possible, I mined on a pool using a computer with less than 1 Mbit/s connection - no problems). The problem is that now you need a specialized and expensive hardware and a lot of power. |
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i get this message also maybe its because we are a newbie accounts?
No, I got the same, several times. I'm sure they were threads that have been deleted. A lot of 'eSomething' threads here in the last few days... |
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