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481  Bitcoin / Bitcoin Discussion / Re: WARNING - Coinomi Wallet CRITICAL Vulnerability Made Me Lose My Life Savings on: February 27, 2019, 06:25:53 PM
That said, I am curious how OP's funds got stolen exactly. Seems unlikely that it was someone at Google's end.

regardless of how OP lost funds or whether he is telling the truth or Coinomi, in the end this has been a very irresponsible design on their side! they are sending the most secretive information of your wallet (which is your seed that is used to generate ALL your private keys) out to a third party server! there is absolutely no reason for a wallet to even have such options in it.
"spell check" should be done locally and versus the fixed 2048 words that the seed is chosen from.
482  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not intended to be a stock. Blockchain has nothing to do with price on: February 27, 2019, 06:05:39 PM
Manipulators are everywhere. They are in the stock market, they are in the hedge funds, they are in the venture capital companies, almost everywhere in the financial system. Probably they are big in numbers in the crypto market because there is no regulator, so we often fall pray to their tactics! But that's how it is and we should be accepting it the way it is. There's no way we can cut them from the system. But that doesn't make the fundamentals of bitcoin, flawed! Watch what you are saying!

Market manipulation can't be stopped only by regulations.
The market should be mature enough to become free. If we got a huge daily trading volume then it will require more money to make pumps and dumps. Now many altcoins can be pumped /dumped just by a single person trying to sell his altcoin savings.

a single person selling his altcoins is not going to dump the market even if that single person has a large amount of that coin it won't be big enough. manipulation is not just having a lot of money to dump or pump, it is about knowing how to do it in a correct way that has the most influence and can affect the price.
if it was really that easy to manipulate the price then we would have seen price of every altcoin go up and down every hour instead of what happens now which is mostly one coin getting pumped then dumped for at least 6 months before it is pumped again.
483  Bitcoin / Bitcoin Discussion / Re: 1000 Bitcoin: The World's Most Expensive Prius on: February 25, 2019, 08:59:35 AM
to me this proves two things:
1. the huge potential of bitcoin and how only a small portion of that potential has been reached so far. this growth only proves that despite all the naysayers and FUD spreaders bitcoin continues rising and is not going to stop until it reaches mass adoption.
2. in earlier years the percentage of people who truly understood bitcoin and its purpose has been a lot more than it is now. these days the dominant percentage are investors who don't know what bitcoin is and only care about the profit.
484  Economy / Speculation / Re: The reason why bitcoin will never *stay* below 5000$ again. PROVE ME WRONG on: February 25, 2019, 08:10:31 AM
Price is determined by the balance of supply and demand, not the cost of production, which the recent price crash has shown again.

People here often seem to refuse to believe that miners are followers, not leaders. They react to what the market forces on them, not vice versa. And that's how it was designed and that's how it should be. No one other than miners needs to care about the cost of production.

Anyway, this thread is yet another that has not aged well but let's hope a mouse doesn't have to die.

this is a good point but not quite correct.
miners are neither "followers" nor "leaders", when you say they are "followers" you are exaggerating their involvement just as others are thinking of them as "leaders".
the fact is, miners are a part of this system like anybody else but they have more at stake compare to simple investors who only have bitcoin. because a miner both has bitcoin and has equipment. while a simple investor can sell and get out in a short time (as fast as he can transfer his coins to exchange and sell) the miner can't just get out if they want to because they have to shut down their miners and sell those to get out and you can't get back in as easy either because again it would require buying ASICs.
485  Economy / Speculation / Re: RIP Bull Market on: February 25, 2019, 07:44:01 AM
Losing 15 billion with a few minutes is not natural at all, it looks like a coordinated dump by a group of market manipulators. This reduces confidence in the markets

well when you look at fake numbers, obviously your conclusion is also fake (or false). it is like checking the temperature with a broken thermometer and say you have a fever of 1000 degrees because the thermometer said so regardless of it being broken.
in this case "15 billion" is the number that went out of total market cap and it is fake because a very high percentage (like 80%) of the total supply that is fake since you can easily create billions of tokens out of thin air and that creates market cap easily and when that shitcoin gets dumped from $2 to $1 the total market cap loses billions because of that coin alone. now imagine you have 2300-2500 of these shitcoins....
486  Economy / Speculation / Re: Ways to Raise Prices bitcoin on: February 25, 2019, 07:32:15 AM
what you said about exchanges doesn't make any sense and it won't work at all. it may even make them look shadier than they already are!

something that I was saying for some time now is the one and only way to help price increase which involves exchanges and in short it is to have more reliable exchanges. which means traders who can trust them enough to leave their money on exchanges (not as storage obviously but in open orders in active market). that helps the market grow with more packed order books, makes the price less volatile, decreases whale manipulation and panic sell effects and we can see more solid rises instead of FOMO bubbles and lack of bubbles means lack of prolonged bear markets like 2018.

one way to do that would be for exchanges to set aside some assets as a guarantee of them having funds to pay their users in case they lost their coins in case of hacks,... that we have been seeing in the past 10 years. and some sort of legal enforcement in place to guarantee their honesty and enforces them to pay up in case they were hacked so the users aren't the ones being scammed because of exchange incompetence.
487  Economy / Speculation / Re: RIP Bull Market on: February 25, 2019, 07:23:35 AM
Some cock teaser Whale are messing with us and making a ton of money at the same time.  Angry   In future, just ignore the small spikes in the price.  Roll Eyes

in this case I would say there aren't any whales manipulating or anything since it looks pretty natural to me. you just have to stop seeing it as a bull run and start seeing it as a "transition". in a market you can't expect a U turn like with a car! it takes time to reverse a certain trend just like price didn't fall from $20k to $3k in one day, the rise back up from $3k to $100k is not going to occur in 1 day either. we first see small rises like this which will be suppressed as people panic sell (not whales) thinking it is bull trap and then after a couple of these we see more rises which slowly grow in size and set a new high each time.
488  Bitcoin / Bitcoin Discussion / Re: Bitcoin to replace fiat on: February 25, 2019, 07:14:25 AM
In this history of mankind any kind of innovation to solve something has always benefited it does however takes its own time to fix things .. look at those trillion dollars of debt in u.s if they don't pay the entire country goes into bankruptcy and this not only affects one country but several others will be down along with it .. we need robust technology to solve such things if humans keep using paper money it will not only cause problems to the country but to its own people. adoption of block chain is very important in near future. lets see how much we care .. if Government really needs to solve their debt issues blockchain is the only way out to convert their useless fiat to valuable blockchain technology it will not only help to crush fiat and pay of trillions it will help to rescue the majority of countries in Asia and worldwide.

Well, everything always has a possibility. However, I foresee, like most people, that instead of "replacing", it's more possible for cryptocurrency to interplay with fiat in the market. That's more feasible because, with all honesty, the status of cryptocurrency is erratic at best, and for a currency, one should be as stable and reliable as possible because it is the blood line of every business sector in a country or local economy. It would surely be disastrous to rely on a currency that falls value at any time.

it is true that you can not rely on the altcoins but the reason for that is because they are mostly scams and poorly projects that were made for monetary reasons (meaning the developer wanted to become rich overnight either through premining or running an ICO).
but we are talking about bitcoin here and it is the most and only reliable currency out there. it is true that its price is volatile but if you look at the bigger picture you can see the price is pretty reliable. you can clearly see that in the past 3 years (long term outlook instead of short term) price has solidly risen from $800 to $3000+ and that shows growth and the strength of that growth.
489  Bitcoin / Bitcoin Discussion / Re: Bitcoin is completely legal in at least 111 countries, and illegal in only 10 on: February 23, 2019, 10:04:16 AM
I don't know how accurate this statistics is but still it's supports my theory that majority of countries is not trying to supress Bitcoin like many think. The attitude towards Bitcoin changed for the better with time and in many countries you can freely use Bitcoins without any question asked. Also, more and more countries are regulating Bitcoin not to ban it and to put it out of the law but to give it some legal framework and to enable it to be introduced into economy and society.

the information provided by that site is not that accurate but the overall stat is pretty much what the title is saying. the site is mostly reporting from news sites and many of them are unreliable articles which is why it is not accurate.
as for the attitude I have to say it has never been negative towards bitcoin in general. at worst it was skeptical and a warning-like approach in most countries. and slowly it turned into acceptance in majority if them.
490  Bitcoin / Bitcoin Discussion / Re: Trading Real estate for bitcoins your opinion on: February 23, 2019, 09:56:07 AM
very good,
but in 2018 there have been many emerging projects that have a vision and mission about real estate, so this can be a good breakthrough,
example of a blockchain project that makes real estate themes namely leaxcoin, builderium and swinca,
but I'm sure there are still a lot of projects about real estate, and this is really good for the development of cryptocurrency in the future.
You really do not need these projects for any seller to start accepting bitcoin and i am not sure how these projects will influence people into accepting cryptos, if the seller is ready to accept bitcoin then it is well and good and for that you just need to pitch that if you are planning to purchase the property with bitcoin, awareness is what is needed here and nothing else.

the even bigger problem is that these "projects" aren't really aiming to do any of those things! all of them are only making false promises that they can not even deliver because they are nothing, their team consists of a couple of kids who have no idea how the world works but know very well how to copy code and create a new ICO token and get paid for it in millions!
491  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM malware on: February 23, 2019, 09:46:46 AM
do you guys think its real/scam?

every single time when you see someone is "selling" something that can hack money for you easily then you have to be 100% sure  than it is a fake because of a simple reason: if it was that easy then they wouldn't be selling it to you to create competition for themselves and make their "method" or "tool" known so it could be patched. no, if it were real they would have kept it private and used it themselves instead without letting anybody know.
492  Bitcoin / Bitcoin Discussion / Re: Storing cyrpto for clients on: February 23, 2019, 09:42:20 AM
with the way you are describing your "clients" here it seems to me like you are dealing with a bunch of elderly incapable of making their own decisions while having money they don't know what to do with! which makes me wonder whether they should even be investing in cryptocurrencies in first place!
you see one of the first things about bitcoin is the fact that it gives the person full control and if they give that up then why are they even bothering getting involved with bitcoin? there are less riskier investments out there.
493  Economy / Speculation / Re: Best Way for Bargain Hunting in the Bear Market! on: February 20, 2019, 09:13:09 AM
I am not providing trading tips and advice, I did not give any suggestions on cloud mining at all and what I am thinking is how to survive during the bear market. One should have some ways to solve this situation not just investing in coins, right? So what's your opinion on how to survive during this hard time?  

first you need to realize that "bear market", "price going down",... are not "hard times". it is just a different trend that you normally were used to see. so you need to adapt to the new trend and change your strategy so that you are not stuck in something that is over.

for example the simplest way of making profit during a downfall is to make profit during recoveries. generally whenever price moved in some direction too fast (in this case a big fast drop) there is a reversal. for instance when price drops 20% it recovers 5-10% right afterwards, you can make a good profit during that time.
another way is margin trading which I won't get into because I don't like it myself but you can find information about it online.

So based on your comments, do you mean choose the right time to invest on coins could be the best and simplest choice for the bear market?

essentially yes, but also you should make a decision whether you want to be a trader or an investor and I consider these two to be very different from each other.
a trader only takes advantage of short term market movements and makes money from them while an investor only looks for a potential investment where he can put his money and keep it that way for long term so that he can make profit in the long term while ignoring all the short term fluctuations.
the options for a trader are the whole market and every coin that exists in it, but an investor has limited options and I personally consider only one option for investment and that is bitcoin.
494  Bitcoin / Bitcoin Discussion / Re: The big picture they've all been missing on: February 20, 2019, 08:25:34 AM
My suggestion is that, instead of creating new coins for each separate businesses, why don't they use an established coins like Bitcoin or ETH. Instead of issuing digital tokens, they can issue a contract note which can be converted to either bitcoin or ETH after certain interval.

so you say that innovation should also die because we are seeing a lot of shitcoins?
that is not going to happen. there still are some good altcoins too, take Grin for example which made a lot of noise recently because bitcointalk started accepting it as payment. it has a broken supply model which can make it fail in the long run as it loses value but the technology is being used in an interesting way in this coin. and examples like this are rare but can still be found.
what we need is people who don't waste their money on shitcoins so that they wouldn't gain any traction. (of course unlike you I categorize ETH under shitcoins).
495  Economy / Speculation / Re: I expect the market to be in green throughout this month. on: February 20, 2019, 07:57:28 AM
I do expect that this entire year is a bullish year of cryptocurrency. Weve been through hard times especially last year which is i think the worst, and this year might be the best.

Lol. The market is green but there's hardly any significant growth dude. And so far, it's anything but bullish. I hope your right about the rest of the year but it's likely that this trend will be stretched at least for the first quarter.
There’s no dump trend right now, and I think its been a week since we saw the uptrend again and it can be the start. I’m also hoping that it will continue to pump for at least the first quarter of 2019, and if we are lucky enough the new bull market will come out.

Dump trend can happen in anytime but now, bitcoin make good moves with the price and if the conditions still like this at the end of this week, then maybe the price can break $4k in the next month. We will be lucky to see the bull market comes. Meanwhile, we can buy more bitcoin right now while the price is down, so we don't miss a chance to sell when it reaches the peak.

$4000 is a strong psychological resistance more than anything else.
on top of that this price is the first resistance after a very long (more than a year) and big (nearly 85%) drop so naturally it will take longer and a lot of back and forth action before it can be broken but when it breaks there will be a breakout which means price will shoot up as people rush to buy back bitcoin seeing the reversal and becoming sure of it.
496  Economy / Speculation / Re: bitcoin finally crossed $4000 on: February 20, 2019, 07:40:47 AM
Lets see how high the price goes before another dump.

Why did you run into thinking of the dump?

people usually use the terms "pump" and "dump" in wrong context in this board. for example they call any bitcoin price rise a "pump" just because they think the two words are synonyms and they call drops as "dump" for the same reason.
so maybe he means "correction" but he is using the wrong term "dump".

in which case it is understandable since a rise like this at this point where many are still filled with fear and want to exit will sell thinking it is a "bull trap". so usually rises like this after a long bottom are followed by a fast correction before rising back up again.
497  Economy / Speculation / Re: Best Way for Bargain Hunting in the Bear Market! on: February 20, 2019, 07:27:50 AM
I am not providing trading tips and advice, I did not give any suggestions on cloud mining at all and what I am thinking is how to survive during the bear market. One should have some ways to solve this situation not just investing in coins, right? So what's your opinion on how to survive during this hard time? 

first you need to realize that "bear market", "price going down",... are not "hard times". it is just a different trend that you normally were used to see. so you need to adapt to the new trend and change your strategy so that you are not stuck in something that is over.

for example the simplest way of making profit during a downfall is to make profit during recoveries. generally whenever price moved in some direction too fast (in this case a big fast drop) there is a reversal. for instance when price drops 20% it recovers 5-10% right afterwards, you can make a good profit during that time.
another way is margin trading which I won't get into because I don't like it myself but you can find information about it online.
498  Economy / Speculation / Re: Best Way for Bargain Hunting in the Bear Market! on: February 20, 2019, 06:42:00 AM
I am curious about what is your reason on the opinion that ‘Cloud Mining services’ are based on Ponzi schemes, because as I know, companies such as Genesis is the cloud mining services which is not running based on Ponzi, do you mean all of them or some of them are fraud?

99% of the cloud mining services have been purely Ponzi schemes scamming people. that 1% that hasn't been a pure Ponzi scheme has also been scamming people and were partly Ponzi because they sold more hashrate than they had.
you see cloud mining is not a profitable business so they all have to turn into a Ponzi scheme if they want to survive and earn profit. in the end the users are not the ones making any meaningful profit, it is these companies. so don't waste your time with them.
499  Economy / Speculation / Re: Bitcoin price will not go above $4,000 on: February 20, 2019, 06:36:10 AM
Don't get me wrong - we are supporting Crypto - this is a price discussion, not whether or not the technology is useful.

they are not two different things. they are the same. not to mention that this board is not for "price discussions".
when technology is useful you are accepting that bitcoin is useful and it is and because of that it is valuable and its price will be rising.

regardless of what you think, bitcoin price will rise and set a new ATH every 2 or 3 years whether you think it is useful or useless doesn't change the fact that bitcoin is the only decentralized currency that is offering a very unique and useful tool and its adoption is growing every day and with its limited supply the rise is inevitable.
500  Economy / Trading Discussion / Re: 2 Reasons Noobs Fail At Trading on: February 18, 2019, 02:19:17 PM
lol, neither of those reasons even make sense to a newbie. the only reason why they fail is because they have no idea what they are doing and also a great percentage of them are actually following some bullshit on the internet which usually comes from some pump and dumper who wants to dump on their head.

also stop advertising your website like this. all you are doing is that you are making it look bad, in other words right now you look so desperate for some customer that you have to spam your link everywhere inside nonsensical topics like this.
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