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461  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitconnect sold 50000 BTC on: January 17, 2018, 10:12:54 PM
I heard Bitconnect's owners collected BTC50000 from people and scammed them. the owners sold BTC50000 from 2 days ago till now. This is a big reason for crashing price. don't panic and put some buy orders at different lower price. If BTC fall down to $1500 don't panic and do buying more at different steps.
Bitcoin will recover its price and don't panic! Everything will be back to normal. I think it is our opportunity to buy more bitcoins specially if it will fall down at the deepest. Bitconnect is a scam, a lot of people fooled by them.
462  Alternate cryptocurrencies / Altcoin Discussion / Re: Which is better Ripple or Tron? on: January 17, 2018, 01:01:18 PM
I wanted to know which is better is it Ripple or Tron? Smiley
I can't see the difference between them because I want them both. They have potential to grow more. Ripple already reached its peak and tron has potential to grow more. The fact here is that, ripple is more centralized.
463  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin has value? on: January 17, 2018, 08:16:43 AM
Bitcoin dont connect with any currency so why does Bitcoin have value?  Undecided
Bitcoin has value because it is a means of change. In old times, bitcoin doesn't have value until one time it uses as a medium of exchange. That is why bitcoin has value as of now.
464  Economy / Economics / Re: Is time too late on: January 16, 2018, 08:29:13 AM
i just check old posts in Currency exchange and Found how bitcoin was so cheap at 2011

Example

this User ask for 32$ only to sell 2BTC

2.00 BTC for sale - $32 USD (MTGOX PRICE is 16.68)

Only trusted members with reputation!

So are you think time now is too late  or some one in future will say how price was cheap in 2017 like my post


Shear what you think Huh
Its not time for the bitcoin to end, just relax take it easy. Cryptocurrency is too young to vanish, we have enough time to join and make profits. In year 2011, bitcoin does not have enough value and it is not popular than today. So, grab the oppurtunity because bitcoin will increase more in this year.
465  Bitcoin / Bitcoin Discussion / Re: Will the delay in the blockchain be resolved in the future? on: January 16, 2018, 02:55:05 AM
All of problems can be solved by the humans. As of now, there is no impossible in technology. The development always occur and every problem will resolve at a specific time. Let's just wait until the delayed problem will resolve by lightning networks. Hopefully, the launch of lightning networks will ease the problem of transaction.
466  Economy / Economics / Re: China is going cashless with more centralization on: January 15, 2018, 11:09:08 PM
I watched a video today: https://m.youtube.com/watch?v=WWY7A221hwA

China is leapfrogging credit cards to jump directly into the adoption of mobile payments. An oligopoly is in place and as the adoption of the tech rises fast, it's not set to change. Now the Communist government is seeking to control such payments even more and the biggest payment companies are likely to cooperate. Perhaps one day people there would appreciate decentralization but for now the majority of the Chinese seem really careless about p2p tech and payments.


There Communist government is controlling them because majority of people in China are new to this technology that's why governments will help their citizen to make a trasanction online and they control the circulation of money.
Later on, Chinese citizen will dominate cryptocurrency and build up different projects with innovations of blockchain technology. Somehow it seems like cryptocurrency is adapting in every corners of the world. A good news for crypto enthusiast because we will have more numbers of project to join specially China joined already the trends.
467  Economy / Economics / Re: Market cap of crypto 1% of worldwide stock market cap on: January 15, 2018, 10:42:21 PM
What is everybody thinking about the fact that the total market cap of crypto is about 1% of the worldwide stock market cap. I would argue that viewing it that way, it’s hard to avoid talking about a bubble. I would suspect a huge correction at some point. Do you guys share that view or do you think I am missing something?
Imagine, it is worldwide stock! Eventhough it is just a 1% of stock globally but it is huge enough. We cannot say that the bubble thing may come true and it is worst time for the investors of cryptocurrency. In fact, many investors as of now are neglecting to join in cryptocurrency, in avoidance of bankruptcy.
468  Alternate cryptocurrencies / Altcoin Discussion / Re: Advertising Cryptocurrency on: January 13, 2018, 10:45:45 PM
Hello people I have my own type of cryptocurrency called Cirello Coin, I want some people to donate 12$ per coin. You have to receive the coin on https://beta.proofdashboard.com/ make an account and feel free to buy! (you can pay me in ethereum) Just message me to buy.
Hey bro. Don't expect that many people will donate you even $12. Some of here specially the veterans will not release any amount of money instantly without checking the purpose of donations. If you want to announce then announce it with your proper announcement thread. Your project, roadmap, developers etc.
469  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: 💰💰💰TrustPool.io💰💰💰 TPL💰💰💰High return investment token💰💰💰 on: January 11, 2018, 01:52:04 AM
Hey bro? Do you have any announcement thread or bounty thread? Seems like the informations above is not completely. I cannot see the developers, roadmap and the features of your token.
We cannot participate if your token is lack of information.
I also don't know where is your whitepaper.
470  Bitcoin / Bitcoin Discussion / Re: Microsoft Removes Bitcoin on: January 10, 2018, 02:24:49 PM
why Microsoft Removes Bitcoin as Payment Option for Microsoft Storew?

yeah I saw that in one of youtube news videos , the youtuber mentioned that this is a temporary move
Microsoft is saying that's due volatility  , but bitcoin has always been the same when it comes to volatility since the early days

most likely it's due the long time to get confirmations , since it can be really serious when your business is  fiat based
for example when a customer makes a purchase and pays certain amount in btc , at the time that the transaction confirmed the whole value based on USD may change a lot


so the site may lose money if the price go down , or they may gain money if the price go up

In short, the profit of microsoft will also be unstable if they are in bitcoin.
Eversince, the price of bitcoin is unstable. The volatility of its price is one of the factors why there are some investors are attracted.
I think it is just a strategical move of microsoft in order for them to gain more profits because microsoft think that it is too hard to risk at bitcoin. Maybe it will be the reason why they will crash out.
471  Bitcoin / Bitcoin Discussion / Re: In the case of a large percentage drop on: January 10, 2018, 02:25:23 AM
Take a risk if you want to earn more but if you will are scared in loosing your capital and money the just sell your bitcoins. We don't know the future of bitcoin. We cannot actually predict that today it will goes up and soon it will goes down. We are just estimating what will happen and its up to us if we will hold or joy to the ride of others.
Mostly, some of beginners in trading are having a panick selling if there is a huge down to the price but the long-term investor are always happy with that scenario.
472  Economy / Economics / Re: Which crypto-currency do you prefer? on: January 09, 2018, 01:05:16 PM
Well you should study crypto currency each blockchain in that you can consider a coin will be to the moon, and I think that you should not only focus on one or two coin for long term investment, I suggest ethereum, xrp this next coin after bitcoin has the capability to make it's value more higher in just a matter of time, but all in all you should do it wisely and firmly.
Yes, I agree with what you've said. In order to gain more profits, don't just focus in only one cryptocurrency but be a flexible to all. Knowing blockchain technology of every coin that you will want to invest will help you to assure that your investment is in safe place.
Well, bitcoin is the most popular cryptocurrency but there are lots of altcoin that has potential like eth, ripple and verge.
473  Bitcoin / Bitcoin Discussion / Re: Travel to Korea to sell Bitcoin with cash, is it possible? on: January 09, 2018, 06:23:14 AM
So if I have a relative in Korea (South, lol, not North), we should be able to buy BTC in the US, send it to a korea, sell it there, send back back here, and repeat over and over.  Sounds like easy money or am I missing something?
It seems like you will do that! It is somehow an oppurtunity if you have relatives in South Korea. I think you can earn if you will do that. Specially, the price is 50% above than the price in Europe.
You can gain in that situation, so don't hessitate to do that. There is an advantage to you!
South Korea is a beautiful country and the people are very appreciative and glamorous! Hopefully someday, I can travel to Korea.
474  Bitcoin / Bitcoin Discussion / Re: Travel to Korea to sell Bitcoin with cash, is it possible? on: January 09, 2018, 12:01:10 AM
I see that price for Bitcoin is in North Korea 50% higher than in Europe. I like travelling and I was thinking to travel to North Korea and sell Bitcoin for cash. Is that possible? I was thinking to arrange a deal with couple of persons. They can exchange North Korean won for $ or € in their bank, I send them bitcoin and they give me cash (for cheaper price as they are paying in their country). Or I can go to money exchange office and exchange North Korean won for Euros. Would be that possible, are there any potential problems about that?
It is dangerous as of now to travel at North Korea because of its aggressiveness but if you will go to the South Korea, it possible that you can enter easily.
That's great idea, instead of just a tourist, you will also make a profit in travelling South Korea.
475  Bitcoin / Bitcoin Discussion / Re: This guy has lost 103 Bitcoins on: January 07, 2018, 10:25:07 PM
This guy has lost 103 bitcoins he mined back in 2011 and then lost his wallet dat file similar to what I have done but wow this guy must be gutted the amount of money he has lost compared to me  

His Address    166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL    Final Balance   103.20832384 BTC

So many people have the same problem and I wonder just how much Bitcoin is stuck not being able to be used Sad

He says "I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying."





I think if he will recover his wallet for sure he instantly becomes millionaire! The importance of private keys rely to the owner. It is impossible to open up the wallet without it. So, the lesson here is to give importance to your wallet.
I think he neglected on what happens to his wallet specially it is a huge amount for now.
476  Economy / Economics / Re: How would Bitcoin react to a global financial crisis? on: January 07, 2018, 03:34:45 AM

I don't think I can agree with this at all, you have to think that in its current state a ton of people in Bitcoin is being used by people as an investment with the money that they can afford to put into it. If the global economy and financial institutions were to have a crisis people would pull this money immediately, as they need it for their real lives.


People would pull out the price would crash and then most likely come back up, but who knows.
Yes! Probably when there is financial crisis, people are withdrawing their any investment just to survive in the crisis and to live even there is economic problems.
We cannot rely 100% in bitcoin during crisis times. When all people pull out their investment. Bitcoin price will fall and that will be the cause of crisis.
477  Bitcoin / Bitcoin Discussion / Re: Fee Issues on: January 05, 2018, 10:29:18 PM
Why can't the devs just make the transaction fees free unless you want want to prioritize speed and add like a 0.25% yearly inflation as the block reward post 21 million?

It seems it would make the bitcoin more spendable.  Huh Huh
I think it is pityful in part of miners if their is no payment in their services. In order for a transaction to be processed and put in a blockchain, miners are the makers of blocks. It is hard for the miners to use current and effort without payment. So I think that is the purpose of fees. To ensure that everyone should be paid.
478  Bitcoin / Bitcoin Discussion / Re: Exchange withdrawal on: January 05, 2018, 02:50:45 PM
Hey guys,

Please tell me a good exchange where I can withdraw bitcoins for no fee?
I don't think that there is an exchange that accepts bitcoin without any payment. All exchanges I know requires a payment. I heard already GDAX but I cannot assure you that it is legible in exchanging bitcoins without even a single fee.
Nowadays, there is no word for free. You need to pay even a little. A liitle time, money or effort.
479  Economy / Economics / Re: Ghana invests 1% of its reserves in Bitcoin on: January 04, 2018, 01:48:08 PM

This is a misleading topic as it was a suggestion and not a confirmation of what the Ghanaian authorities are willing to do as you have represented in the title. Anybody can express an opinion based on the way they see it as the right one. And government in its own capacity does not work that way because a lot of factors are condsidered before even touching the national purse which in this case its reserves which does not belong to anybody but the entire populace.

In a democratic setting to spend a dime for the purse of government itself deserves some amount of lobbying and acceptance from the country's legislative house not to talk of investing it in something as volatile as crypto currency. I dont see that happening any time soon.
Yeah! I think that there is wrong with the heading as it said that "Ghana invests 1% of its reserves in Bitcoin". Though there is a good news that African countries will now accept the essence of bitcoin and the innovation of technology, it is hard to think that the reserve dollar of the country will put in bitcoin. Without any approval of branch of government.
480  Bitcoin / Bitcoin Discussion / Re: Bitcoin Dethroned From Top Position? on: January 03, 2018, 04:51:56 AM



The recent rise of the Ripple with its sudden and tremendous growth made some to think that maybe soon Bitcoin can be replaced form its number one position and be replaced by its centralized rival. Though I doubt if Ripple can really make it, if it can continue to rise and if Bitcoin will retreat further then it is quite possible. I might be sad if this can happen practically because i already sold my Ripple months ago and was not able to be a part of its bull run.

Now, in case this thing will happen, how will Bitcoin be affected and the whole cryptocurrency market? Will it be Bitcoin versus Ripple this time after the recent Bitcoin versus BitcoinCash?


I saw some critics that Ripple had issue in centralization and I think in the future, that will be the problem of Ripple. Though it surpass ethereum as the second place in top cryptocurrency and its market cap is the most largest altcoin now. Ripple can never be dethroned bitcoin. However, if the ripple continuously grows up then there will be a possibilty to overtake bitcoin. For me, if Ripple will just make a short time if it becomes the first cryptocurrency.
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