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461  Economy / Speculation / Re: downtime soon ? on: July 12, 2017, 03:50:35 AM
No. If there is a dump now it's because of a pre SegWit uncertainty. Many people are also dumping to add to the wave and cause more panic, so that they can buy more and be ready for a pump in a month or two.

Auctions used to be a big thing, but history has shown that people who buy at auctions don't dump. There was never a huge sell off after the auction, always before it and i'm sure there won't be one now. These people are not trying to buy at auction to earn a few $ per coin, they are hoping for a pump and millions in profit. You always sell when it's rising, when the liquidity is high and the buyers can take it without noticing.
This, the cause of panic come from segwit activation and the possibility of  a hard fork, it is not clear what it may happen at the time and some are selling their coins for fiat or altcoins in order to avoid all this mess.

it is because of the possibility of a "split" not a hard fork. and people fear that if a split happens price can go down a lot since many will sell on one side only.
but the problem is, right now we are seeing nearly 90% total support for SegWit and when support is that big the chance of a split is ne arly zero.
462  Economy / Speculation / Re: BTC and other currency on the downfall on: July 12, 2017, 03:31:00 AM
Most people panic and sell bitcoin, making the dollar may sound good, but I still believe in bitcoin, I believe the price will be high again until the end of the year, there is nothing to worry about, do not worry too much

it is alwasy Fear Uncertainty and Doubt with bitcoin aka FUD.
people are now caught up with the split FUD once again and they are forgetting that there is a big difference between them who are only holding bitcoin which they can sell at any moment and miners who are not only holding bitcoin but also have a lot invested in mining equipment and they won't let the split happen at all costs. since the fall will ruin them more than it can harm a holder.
463  Bitcoin / Bitcoin Discussion / Re: Are we moving towards the Global Crypto Currency Depression? on: July 12, 2017, 03:21:59 AM
the altcoins has never had any significance, and only people who were pumping them kept quoting the total market cap and silly things such as bitcoin's dominance. and the reason for their dump isthis.

as for bitcoin, this is a temporary hiccup because SegWit will soon be activated on August 1st because it has a high support and then we will see a big rise with this period as its accumulating cheap coins period. and then we will have problem over the hard fork that comes a long time after that date.
464  Economy / Speculation / Re: BTC and other currency on the downfall on: July 11, 2017, 01:35:16 PM
if there is a surge then it will be after August 1 when SegWit activates on bitcoin. and by that time i suppose we have to forget about altcoins for this year because what you saw this day will be even bigger by that date and the dumps will become harder in altcoin market (the money will be coming back to bitcoin when it is sure).
465  Economy / Speculation / Re: the next few months....my predictions on: July 11, 2017, 02:32:02 AM
i am still not sure about the bitcoin price drop "a lot" part but in case that happens the result is the most obvious one! LTC will go to the moon.

think about it. LTC has SegWit, it is  the copy of bitcoin. it has already activated the Lightning network (i am 80% sure about it!) and it has been around for a very long time (about 5 years i believe).

and so far in the altcoin market that everything is RED we can see LTC is still the same price with a high volume and compared to last week it is even higher.
466  Bitcoin / Bitcoin Discussion / Re: Hedge, Hodl or Sell Bitcoins? on: July 11, 2017, 02:24:20 AM
how about doing all 3.
it is a good choice too at this point. you diversify, sell some for getting the profit because bitcoin price is still very high compared to start of t his yaer ($1000) and by diversifying into altcoins you can gain some more profit.
my choice is litecoin for this case. it has activated SegWit and it is also adding a lot more with the lightning network, the atomic swap, ... and the price is very solid at the moment. because where others are falling LTC is staying up and even rising.
467  Bitcoin / Bitcoin Discussion / Re: if you build it they will come? on: July 11, 2017, 02:16:55 AM
By 2029, in 12 years time - almost 98% of the total bitcoins will be mined.

you keep saying this but in fact i believe how much of bitcoin is already mined has nothing to do with its adoption.
things like big volatility in price and things like the scaling war are the things keeping the price low and prevent many people from investing in bitcoin because it seems scary to them.
468  Economy / Trading Discussion / Re: When investment goes -100% on: July 09, 2017, 10:12:22 AM
So I'm actually facing this dilemma at the moment. I made three investments in three coins at poloniex.
Now all three of those are down more than 100% of the value that I bought them for, so I guess I got no options but to wait it out. It may take long time to get back to the value where I don't lose too much, but that is the only option I have.
Have you experienced anything similar in your tradings? How do you deal with such situations?

you should remember that loss is a common thing in trading.
and when we are talking about altcoins on poloniex then because they are pump and dumps it means big losses are very common and everyone experiences them at some point in their trading and there is no exceptions.

the difference however is in what different people do in face of a loss. some of them like you keep holding and risking their investment for bigger loss.
some start panicking and dump everything they have.
and some will use a more logical approach of selling in the early stages of the dump and avoid further losses.

which one of these 3 you choose will determine the amount of success (or profit) you can gain in the long term.
469  Economy / Service Discussion / Re: Is viabtc transaction accelerator really working? on: July 09, 2017, 04:34:39 AM
I use electrum.  I have a sending fee each time and with dynamic fees checked, its not that cheap to send btc even small amounts.


Can i use this with electrum?  So if i use this accelerator, does that mean i dont have to pay any fees at all with electrum?  How long on average does this take?

it does not matter which wallet you used to create the bitcoin transaction. what matters is what amount of fee you included in your transaction.

these days if you include anything above 100 satoshi per byte your transaction will probably be confirmed fast.

for using the Viabtc accelerator you just need to include at least 10 satoshi per byte fee in your tranasction and then copy paste that transaction ID in their website and click the button. if you see the "acceleration successful" message on top, then you are done if not you have to try again later.

you can also read the details at the bottom of that acceleration page.

p.s. the time it takes is usually about an hour or so until ViaBTC finds a new block.
470  Economy / Speculation / Re: Mark Cuban on: July 09, 2017, 04:29:34 AM
bitcoin is clearly overvalued

you still have a very long way to go to be able to beat the kwakduck record my friend. you are just in the early stages of beating him. keep up the good FUD work maybe we award you the second place under kwakduck soon.
471  Bitcoin / Bitcoin Discussion / Re: Bitmain-Ver agenda exposed on: July 09, 2017, 02:38:37 AM
i no longer know what is going on with bitcoin Cheesy
i was actually excited about SegWit2x and thought with the big miners support we can finally get SegWit but i don't get why all the fights are about anymore and each time i read one of these topics i don't see any clues either, just the same things being repeated!
472  Bitcoin / Bitcoin Discussion / Re: What fee managment methods do you know? on: July 08, 2017, 09:36:11 AM
..it's also true that some hidden addresses are not showed in the explorer...

what are hidden addresses? are you talking about some altcoin or is it still bitcoin, because there is no such thing as hidden address in bitcoin. everything is out there and if the bitcoin address has ever received any payment it will show up on a block explorer.

hidden address are the one that you can view with listgrouptransactions, they are change address it ensure some level of privacy

can you give me an example of these addresses with the link to the block explorer because i have never heard about them and i did a search for the term "listgrouptransactions" that you said but nothing came up.
473  Economy / Speculation / Re: Should I buy? on: July 08, 2017, 06:10:08 AM
The way I see it, there are three possibilities:
1. Price remains stable/no significant change (most likely).
2. Price continues dropping due to current bubble (also likely).
3. Price skyrockets due to this issue finally being solved (unlikely).

i speculate the complete opposite of this.
1. price remaining stable has a very low chance, because there are a lot of things going on at the moment and each of them will affect price greatly and can cause big fluctuations.

2. i disagree with bubble. the bubble ended at >$2900 and correction is also over. we are currently in a narrow channel getting ready for the next phase. remember that a bubble never lasts long and it has been enough time since that drop (a very high chance)

3. the issue will be solved eventually. most probably very soon and as it is solved, the price will most likely skyrocket which makes current state we are in the accumulation phase. (very likely)
474  Economy / Speculation / Re: just few well know investors and then boom! on: July 08, 2017, 05:57:39 AM
I strongly believe that if some well known investors come in and buy billion dollars worth of bitcoin it could be world breaking news and the price of bitcoin would soar high to $10000, just my opinion.

1 billion dollar worth of bitcoin is 400,000 BTC, and by billionS you mean a couple at least and taht will be nearly 1,000,000 bitcoins. buying that much bitcoin means the price will just go to the moon on its own since the market is still small and orderbooks aren't filled with huge orders yet.

and nobody will do this, and if they do they will do it slowly and if they do do that, they won't announce it to the public. that would be silly.
475  Bitcoin / Bitcoin Discussion / Re: What fee managment methods do you know? on: July 08, 2017, 05:46:39 AM
..it's also true that some hidden addresses are not showed in the explorer...

what are hidden addresses? are you talking about some altcoin or is it still bitcoin, because there is no such thing as hidden address in bitcoin. everything is out there and if the bitcoin address has ever received any payment it will show up on a block explorer.
476  Bitcoin / Bitcoin Discussion / Re: How many days does poloneix support our ticket? on: July 08, 2017, 05:35:41 AM
it mostly depends on the type of problem that you have, and usually the withdrawal troubles will take much longer, and also when the problem is related to hacks, ... it will take even longer.
the normal problems are the ones that get solved fast.
477  Economy / Economics / Re: How can we push the actual use of Bitcoin ? on: July 07, 2017, 01:36:44 PM
i mostly agree with your third option, and generally to start from ourselves. if we have a business or do anything that is involving money to change hands, then why not use bitcoin.

and also the most important part is when we start using bitcoin ourselves. we can't really expect big businesses like Amazon to start accepting bitcoin when not that many of us are really willing to spend our coins.
478  Bitcoin / Bitcoin Discussion / Re: Bitcoin about the free world, but not for us in the Middle East! on: July 07, 2017, 01:22:41 PM
i have never used coinbase or localbitcoins or any of the other places to buy bitcoin and i have never paid any ridiculous amount for it either.
the trick is finding the best option around you and contact them. i have found a guy who offered pretty good rates and after sometime since i made a lot of purchases now i get a better deal even. and now i buy bitcoin from him and only trade on exhanges to increase my bitcoin and dump fiat.
Is this true? I don’t know but my sixth sense is indicating to me to not to believe in what you said. How and why will someone purchase the bitcoins from a so called dealer type of a person? There could be a possibility that maybe the person is selling stolen bitcoins or there might be a hacker who hacks the wallets and then sale it to someone but how could you find someone like this? This is not fair I guess. I will never do it in my life.

you should always do what you feel is right. and that is what i am doing, i am not suggesting you to do the same.
and besides this is what peer to peer exchange looks like. you find someone, you see their record if there is any, then do some business with them. you can start with a small amount first and then go bigger.
and i assure you number of people with "stolen bitcoin" on public places trying to trade bitcoin is nearly zero. if someone wants to sell stolen coins or whatever they go to dark market, they don't risk publicly.
479  Economy / Speculation / Re: Bitcoin prices may hit $1 billion - Fox Business Speculates on: July 07, 2017, 12:33:49 PM
Bitcoin has more chance of going to zero than a billion.

no it doesn't!
the chances of hitting zero or ever going low to a small price is so small that it is nearly zero.



And you base this on what exactly? Bitcoin could easily fall by the wayside if a better functioning currency begins to dominate and that has way more likelihood of happening than going to a billion. There's no reason why it couldn't disappear like many failed at coins have so if there's no demand and a better alternative is available that could easily happen. You're a fool if you think bitcoin is indestructible or has little to no chance of becoming worthless. Even if bitcoin gained mainstream adoption worldwide and you could spend it practically anywhere you'd be lucky to get anywhere near 1 million never mind a billion.

the same reason as when bitcoin came USD and other fiat currencies didn't fall to the ground as burn!

even if some day in the future another better system came, it would take years for it to gain the foot hold that bitcoin currently has. you are a fool not to see all the adoption that is going on all around the world, and they are adopting bitcoin not some shitcoin you think is good.
480  Economy / Speculation / Re: Bitcoin prices may hit $1 billion - Fox Business Speculates on: July 07, 2017, 10:21:03 AM
Bitcoin has more chance of going to zero than a billion.

no it doesn't!
the chances of hitting zero or ever going low to a small price is so small that it is nearly zero.

the 1 billion however is a possibility. but it is all about timing. these big prices are usually in a far future not tomorrow or one month from now. that would be silly.
but a long term rise, with all the adoption that curretly is going on, i can assure you is possible.
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