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481  Economy / Trading Discussion / Re: Poloniex To Delist 17 Altcoins In May Without Explanation on: April 30, 2017, 08:48:16 PM
I think that nobody should be mad about poloniex delisting all these coins, In my opinion it is a very wise move from their side.
All these altcoins could have done, was to plant a seed of uncertainity at poloniex. It is because you cannot have a trusted cryptocurrency exchange, where you have an ability of trading with the assets that are probably going to expire sooner than in 3 next months.

Also, that is not any kind of a scam from their side. The volume has been lowered very significantly after the poloniex have left the markets: bear in mind that this particular exchange has the biggest part in bitcoin trading volume. That is a very important factor, which pretty much had a big influence on those alts.
482  Bitcoin / Bitcoin Discussion / Re: Enforcing Transparency and Accountability through Cryptocurrencies on: April 30, 2017, 08:30:42 PM
In my opinion the very important thing about bitcoin that concerns the goverments, is that it is very hard to collect taxes from bitcoin users.
The only way to do that, is when the citizens of specified country are going to declare their profits made on the cryptocurrencies. But that may not be a good idea for authorities, im sure that many people will not say anything about that: because the bitcoin provides the anonymousness, you are not going to be tracked on blockchain probably.

But the funds that you want to sell, are pretty much something illegal because you haven't payed a tax. If the IRS will find out, they are going to sentence you with a punishment, and this is a really bad system in my opinion. The goverments need to find out something better than this.
483  Other / Politics & Society / Re: More corruption in the Philippines. So what else is new? on: April 30, 2017, 08:13:21 PM
This is an example of the fact that no cause can justify the violation of the law. Duterte now will use illegal tactics against the opposition, and the reward for loyalty is to allow the police to break the law and Rob people.
That is right, I cannot understand why so many people say that the end justifies the means.
This phrase is very stupid, it does not look like that. We cannot lose our moral laws just because we are having some desires, to become rich, powerful or anything else.

My perspective is that in every case we can do anything we want, unless it is not harmful in anyway for society. But corruption is something illegal and bad, because you may avoid the punishment just because you can afford that: which is not right with other people, who has got sentenced for the same thing.
About corruption, I have heard that also Russia has this problem. Im afraid that it is a common issue in a less developed countries.
484  Economy / Economics / Re: The dream of getting rich with bitcoins on: April 30, 2017, 07:56:55 PM
As long as you don't have a steady way of earning bitcoins or you aren't sure of what to do to get that million, you wouldn't be rich. Most people are too eager to be rich and just ignore the fact that it will certainly take a lot of time before you could even get there. Success is not reliant to luck alone; hardwork pays off the most in getting rich.
That is the exact reason why I never dream about getting rich. It doesnt matter for me if it would make me rich with bitcoin, or anything else because I know it is not going to happen.
You cannot expect having great returns and prosperity just because you know something about BTC and overall, about cryptocurrencies. You need to do something with that, to use this knowledge for earning purposes.

Same like you cannot earn money without any amount for investing purposes. The only way in which you can obtain BTC not by buying it, is just using your abilities for this desire: do posts on forum while having signature campaining, look for freelancer jobs or just get payed for coding.
485  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: April 30, 2017, 07:05:51 PM
Since Bitcoin is Not regulated by any government , Bank cant accept it .

SO i dont think any bank accepts bitcoin or any other altcoin .
Yep, and a bank accepting bitcoin defeats the overall purpose of bitcoin. No body can regulate it. Bitcoin is a currency of individual.
Yes, but it does not mean that bank cannot accept bitcoin. They do not have to necessarily control some asset, to have a stock of it and lend it to other people.
If banks in every countries would apply possible bank bitcoin loans, that would be a great opportunity for every kind of investors and people willing to start they own, small business.

However im afraid that is not possible. Banks are way too afraid of bitcoin to implement it in a such way, because there is basically no way to control the bitcoin, except using the market.
It requires a big amount of money which bank has, but still the market capitalization is really high which may be a roadblock for such a manipulaton.

In my opinion, there is no chance to see any kind of bank accepting bitcoin.
486  Bitcoin / Bitcoin Discussion / Re: What is happening currently with cryptocurrencies on: April 30, 2017, 05:08:26 PM

That is actually a really accurate, cryptocurrencies have became so popular that pretty much every single coin has some volume. People are just investing blindly in some xxx coins, without taking any look at their specifics, team standing behind it or technical solutions.

It seems pretty funny for me, because you need to spend the money to buy any coin, even the cheapest one. It means that a big part of people are willing to invest their hardly-earned money just for some hope, that they will get into such a big rise as we have seen on bitcoin. People in this world (the crypto one) are way too greedy, this is why so many shit alts are being created. Because people are just willing to invest in them no matter what, so basically every single shit/scam/dead coin gets at least some of the marketshare. But still, BTC will remain on top of the whole hierarchy.
487  Bitcoin / Bitcoin Discussion / Re: It's freaking 2017 - Do you own 1 BTC? on: April 30, 2017, 04:40:45 PM
In the year 2017, I can only collect 1 btc. Well, that is a very difficult thing, because i think it is very easy to get bitcoin, but basically to collect 1 btc, i need 2 years working. Well, but so much experience that I got, and everything is a good thing. Trying to collect 3 btc before 2018

A bitcoin is not really too hard to make, a year is too long to reach such a small target. For me, my goal must be much bigger. I am aiming to profit 1 btc within 2 months, and the most if possible. Money is never enough, your ability is infinite, so, set higher goals to strive.
Do you really think that bitcoin is something extremely easy to obtain, without any money invested or effort spent?
Guess not, you are totally not right if you really have something like that in your brain.
In my opinion, 3 bitcoins before 2018 is a really big amount of money to collect through 7 months. After all, with the current price of bitcoin it is 3900-4000$.
Many people are not able to save such an amount of money through the year, and you are talking that a year is too long for reaching a decent sum like that!
488  Bitcoin / Bitcoin Discussion / Re: Is CHINA CONTROLLING Bitcoin? on: April 30, 2017, 04:17:21 PM
Thought the main user base and investor base was in the US?
Indeed, the US was pretty much first in this trend. That was basically the place where cryptocurrencies were born, and also the place when anyone has started using them.
But it does not necessary mean that main user base is at US, for bitcoin and usually for trusted, popular altcoins, they are distributed the same in every place on the planet.

Most of the people will probably agree with me, with saying that all cryptocurrencies need decentralization, because we cannot let anyone to control them. If it will be able, then in my opinion there will be no difference between fiat and this kind of coin: after all, only market laws such as demand and supply should have control on it.
489  Economy / Trading Discussion / Re: In what to invest $2k? on: April 29, 2017, 04:59:04 PM
Hi,
Not sure if it is for this toipc, please move it if needed. As the title says, I want to put $2k in something new, not buying coins, I have them in btc. What can be the best ROI and most secure way?
What you will do if you have additional 2k?
Thanks

I will invest it in trading , there's a lot of money there if only we know what we are investing for. You should try it buddy, but there's many way to earn bitcoin you must research for it.
Can i ask you, how do you "invest" in trading?
I assume that means you will deposit money to some broker, which will allow you to trade bitcoins, or just onto some trusted cryptocurrency exchange to use these funds as a bankroll.
But you could also mean that you are willing to invest this money into trading education, and to be honest that does not sounds like a good idea.

You may get knowledge and skills, but not for cash: you need to spend a lot of effort to learn many important lessons in trading, money will not do that job. But in fact, there are people who can teach you trading for money, but be very careful in accepting such an offer. It is very important to find a correct, legit person who is really good when it comes to trading.
490  Economy / Trading Discussion / Re: How i can Start Trading !!!! on: April 29, 2017, 04:30:05 PM
Trading is an unpredictable job that too in altcoin where the market is very volatile.You have to find an altcoin which is most under valued and your success lies in it.[1]Better avoid newly released altcoins as most of them are just scam coins.Invest in a coin which has large trade volume.[2]Dont invest in altcoins when bitcoin rally is going because its the time when mostly all altcoins start bleeding.
[1] Buy some altcoins when it released in exchange site is the best time to get some profit. Why? because on that time, those altcoins usually got pumped up and that's the right time to sell your altcoins (don't hold it too long or the price will decreased and back to ICO's price or lower).
[2] Not really, that's good time to buy more altcoins which you think it could increase so high in the future. You can get it with cheaper price than before now Wink

I cannot grasp the idea why so many people are suggesting investing in altcoins, in the moment when they are released.
First of all, this is not so easy to find a good coin, which might have a potential just before its launch. You can indeed might find many nice, cheap coins but still most of them are made for the pump and dump game.
Without a really good knowledge about cryptocurrencies and their mechanics, you are not really able to judge if the specific coin is going to adopt to the market, or rather is going to be dumped by people to just bail-out of the bad investments.

I just prefer to do investments in any other kind, they are much easier and they dont contain such a big risk like alt trading does.
491  Bitcoin / Bitcoin Discussion / Re: What are your thoughts for Bitcoin in 2017? on: April 29, 2017, 04:17:49 PM
Nothing much just as same as it was in 2016. Just a little ups and downs in prices nothing else. Also after etf rejection there was not much change in the prices. The only major complaint regarding bitcoin is its taxes and it's confirmation time. Rest all other things are not to look upon. People still like bitcoin and will always do.
Why do you think that nothing is going to change in 2017, when it comes to bitcoin?
I dont agree that we can compare 2016 to 2017, some of the events that have already occured had a really big influence on the cryptocurrency market, and so far many signs are really positive for this year.

Bitcoin has broken 1330$ price, which is something amazing! I really think that 2017 might be a year of bitcoin, if indeed the miners will find a correct solution for the problem of high miner fees and transactions getting confirmed in an hours.

If actually they will make up some compromise, then Im sure that 2017 will be a year of bitcoin: there is no doubt that after such an event (e.g SegWit implementation) BTC would go above 2000$ per unit.
492  Bitcoin / Bitcoin Discussion / Re: Bitcoin address - are there enough for us all? on: April 29, 2017, 03:26:04 PM
Considering that bitcoin addresses get wasted and discarded like plastic bottles of water, is there ever a risk that we'd use up all the bitcoin addresses?

I realize the possible combinations is 36 to the power of 32, but I don't have a way to make sense of the resulting number. How many address are used in a day? How quickly are we going through these possible combinations?
That actually doesnt really matter how many addresses we use a day, if the current Earth population is somewhere around 9 billion people.
The reason is extremely easy, because there are just too many possibilities of a different bitcoin address, to run out of them.

In fact, there is a bigger chance that there is some guy who wins superball every single time in a year, and gets strucked with lightining at every time his heart beats.
That comparision seems insanely ridiculous, but it can show you why it is pretty much impossible to not have any free address: there are simply waaaay to many possibilities to use them all.
Also, the chance to get someones else address while generating is almost 0 too.
493  Bitcoin / Bitcoin Discussion / Re: Tainted Bitcoins? on: April 29, 2017, 03:16:48 PM
Hello,

I buy Bitcoin locally with cash and charge a 3.5 percent commission. I then sell the Bitcoin in Kraken and cash out.
I've been noticing that some of the Bitcoins I get are tainted (https://blockchain.info/taint/*bitcoin address here*) and I'd like to know what risks I'm taking by selling such Bitcoins there.

Should I be worried?
That was a really big issue some time ago, because bitcoin was mostly used for illegal activities.
When it was not known so well, and when it was actually cheap, BTC was really hard to spend in a regular online shop with legit things: the stores simply didnt know about bitcoin yet.

Back in those times, illegal activities was the big part of the BTC volume, but it has changed. People now are using it for a good purposes mostly, but tainted bitcoins are still present in the network.

Just find a reasonable mixer service, and deposit them there. If you will let them go through it, im sure that will fix your issue.
You should always check if your payments do not contain tainted bitcoins.
494  Economy / Digital goods / Re: Want yur own Bitcoin store?? on: April 29, 2017, 03:05:43 PM
That's not really a domain that anyone knows (.works).  I could register any obscure Bitcoin domain and then try to sell it, but I'm not sure anyone would take me up on that offer.
I have found out that actually many people are registering some different domains, just to sell them with profit later.
After all, good domain is always something that companies need, if the name of it is actually attractive for people.
Things like that are actually great for bitcoin, because I know someguys who in the moment of hearing about cryptocurrencies, have started to create different domains which can be sold right now for a really decent price. And you dont have anything interesting at a domain, it is just for sale: but groups and companies sometimes really need some specified address, so they will simply buy it.

Anyway, such a domain will never attract people for you I think, looks too much as a scam-site.
495  Economy / Economics / Re: How many Bitcoin do you have saved? on: April 27, 2017, 04:23:39 PM
I don't have much bitcoins in my wallet since i'm just getting started in bitcoin and i think it is too late for other but i don't believe them that now is too late for a person to start and get rich with bitcoins so i still pursue this kind of journey and planning to accumulate or buy at least 10 bitcoins and i will keep them until i become an old man, so i can spend it and have a financial freedom.
It is never too late for something like that, you can always have a chance to get into cryptocurrency world, and start collecting the funds out in bitcoins and other altcoins.

If you would like to hear my advice, I can recommend you just using a simple way to get more and more bitcoins stacked:
Just simply make up a reasonable goal for you, which would determine how much money you are going to spend on bitcoins daily/weekly/monthly.
Let's say you are going to spend 100$ every week for a bitcoin, no matter what the price is. Believe me, after several years you will have a really big sum stashed in BTC.
496  Economy / Economics / Re: Loans too risky? on: April 27, 2017, 04:16:49 PM
Loan are risky because everytime you get loan thats the time that you have a problem about money. Because in everything you do you thinking about your loan how to pay it. Even they have work but they dont know loan is the most problem now.

It's risky only if you give a loan without collateral. With the right approach to this procedure, you can make good money on the issue of loans.
That is why I cannot understand all the people in this thread who keeps believing that starting a loaning service is something extremely risky, and also that you need an insane amount of cash.
Remember, this is a total bullshit.

All you need to earn interest on loans without any risk, is designing a correct strategy and technique, to recover the money you have lend even when the customers is not going to pay anything.
You need to take collateral every time: no collateral-no loan, simple is that. You may choose only trusted users, and always use escrow for all your loans.
With even more security measures, you will be covered from risk.
497  Economy / Marketplace / Re: Other Bitcoin forum on: April 27, 2017, 04:07:35 PM
I will never prefer to spend my time on some other forum as I am very much used to this forum now and this is the best place to earn bitcoin in legit way by participating in signature campaign which may not be possible with other forum.

Frankly speaking, this is true. In my early days I searched for another cryptocurrencies related forums, so that I can get different opinions on Bitcoin and to earn in signature campaigns, giveaways, promotions etc. But I never got a valuable forum like Bitcointalk.
I haven't even heard about any other forum where you can get at least some bitcoins for just doing post or replies on it.
But we cannot forget that this is not the most important thing we have on bitcointalk.org, this is just a small addition. We can basically discuss anything related to cryptocurrencies subjects over here, we also have off-topic so there is a place for everything except scams obviously.

There is also another very important function of forum, it is a place where the traders of different goods meet with their customers. Both sides can use escrow services, mixer services or anything else they want.
The offer is just between the sections of bitcointalk.org Smiley
498  Economy / Speculation / Re: Prediction - $1500 in 30 days - What do you think? on: April 27, 2017, 03:59:03 PM
I have seen a lot of news over the past 6 months, since BTC sold for around 600 dollars.
One thing that seems to have stood out in the news is the relentless positive attitude surrounding Bitcoin.
The price continues to thrive and big business wants a piece of the action.
Words such as 'decentralized' and 'blockchain' have become so common in start-up's and established business.
In a world where where we used to have emoji's we now have guides on emoji grammar. The online world is changing.  Shocked
I cant tell you all that I have any more knowledge than the average Bitcoin Miner.

So fro 600 to 1300 dollars in 6 months, My prediction is for BTC to hit $1500 in 30 days. That's my logic!

If it doesn't, I you have my word that I will not try to predict the future again, now where did I put my crystal ball....




To be honest, I was really skeptical about bitcoin price reaching 1500 USD level in this half of year, but it looks like I was mistaken.
Currently, I can see the price of 1320$ on bitcoin average. I have seen slightly more than 1200$ yesterday, and I still was more like "1500$? at the end of the year!".
In my opinion, the 1300$ area was really important for BTC because it was looking like a strong resistance area, but now it is broken.
I think that this won't be a big step to just go on 1500$ in next 2-3 days, I really expect that to happen.
499  Bitcoin / Bitcoin Discussion / Re: What was the value of 1 Bitcoin when you first mined/purchased? on: April 27, 2017, 03:35:32 PM
I bought at about $ 750, sold at $ 220, now I run out
Wow, that is a sad story indeed. Im very sorry for you, but you panicked during the big dump what is not so strange when the price went down so hard.
I remember this events, so many people were bailing out of this asset, but I need to admit that it has really looked like the final end of the bitcoin cryptocurrency.
You could have found whinings that people are losing money on it literally everywhere in the internet on the websites related to crypto news or BTC, but as we can see it has survived, and is becoming even stronger than lately.

I really wonder if there is going to happen some situation like that, but in my opinion way too many people rely on bitcoin to see such a big price decrease.
500  Bitcoin / Bitcoin Discussion / Re: How much risk in bitcoin investement ? on: April 27, 2017, 02:35:22 PM
Investing in bitcoin is really so risky many times we know that if we buy bitcoin we already started to invest because we know that the bitcoin price is sky rocketing this day in just a few week or day the price is going high so if we buy bitcoin in a low price and then sell it in the high price we can invest in just a simple way but still risky because we know that bitcoin price can also go down.
Yes, but the price of bitcoin does not have to increase significantly so fast, there are many situations in which actually the BTC/USD rate is going down a lot or just cannot get through some important resistance.
For example, we had such a situation in this month.
The price was stable for a long time somewhere between 1150$ and 1200$, we have had a strong resistance at +1300$ area, but as we can see it has already went through that level.

You need to remember that all investment has some risk involved, you cannot invest your money in such a way, to not have any risk of losing at least the part of them, that is the biggest problem.
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