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4881  Bitcoin / Bitcoin Discussion / Re: Kid should start earning bitcoin as young as kindlegarden on: February 21, 2019, 03:31:24 PM
Kids shouldn’t go to school and learn the same repetitive education that trained them to be slave, like lawyers, accountant, doctor, they should be earning their own bitcoin too.

It is funny that you mentioned about 'repetitive education' and correlate it with successful professions such as lawyers, accountants, and doctors. Bitcoins are not easy to acquire and they are not easily generated.

I don’t believe we shouldn’t teach kid about money, we should be encourage them to earn money, since bitcoin are easy to earn,

Educating children about the basics of earning money will help them develop their attitude in saving their resources responsibly. Again, bitcoins are not easy to earn and many people struggle to acquire them due to multiple reasons which I am sure you will not understand;

why we must tell kids to follow the same advices that lead to what we have failed millenial generation today? We don’t want our kid to end up like millenial again, we shall teach them not working for money, and as young as possible.

This statement contradicts with your first one and what are your basis for saying that we have a failed millennial* generation today? I really do think that you should do research before making baseless conclusions such as this one.


4882  Bitcoin / Development & Technical Discussion / Re: Need An advice to learn Blockchain. on: February 21, 2019, 01:23:59 PM
Hello Im Newbie, Could anyone would sharing an experience or give an advice for learn Blockchain. I Would learning about Blockchain Tech. But I still consider where i should start, then may anyone has finish with Course online?

Thankyour.

The internet is your best friend when looking for something to learn on. It contains unlimited information and various study materials available to the public but you must know what to search in the first place.
Browse through the forums and use the search bar located at the upper right hand corner to scan through various posts about it. In addition, there are also generous people in the forum who are willing to share their knowledge about blockchain!

I also recommend reading these two (2) books:
1. Mastering Bitcoin by Andreas M. Antonopolous; and
2. Blockchain Revolution by Donn Tapscott.

Both books provide a quick insight and background about the blockchain technology and its components.
4883  Economy / Marketplace / Re: can bitcoin in the future surpass gold? on: February 21, 2019, 10:46:27 AM
I am sure that Bitcoin will sooner or later surpass gold, the need of the modern world for independence, the increasing interest of many participants will no doubt lead to the growth and popularity of Bitcoin.
It will not only surpass, but it can replace gold as security for fiat money. And the next step will be replacing of fiat money.

I still believe that bitcoin will not replace fiat money till the end of the world as it is created not for that purpose. Fiat money is a regulated payment system by government, there is also a requirement for fiat money to have stable value. What do you think if bitcoin will have stable value once it is replacing fiat money as you said?


Bitcoin will not replace fiat in the near future due to a variety of reasons: First, given the economic discrepancy between developed and underdeveloped countries, many individuals who stay in the latter do not have access to electricity, which is the foundation and platform used by bitcoin. Second, given the scarce amount of bitcoin, whales who own most bitcoins can potentially manipulate the prices, thus making the poor poorer and the rich richer. Third, bitcoin is a volatile, decentralized currency. Having to price mediums under bitcoin would result to an unbalance market.

The difference between bitcoin and gold mostly stem from their nature- bitcoin being intangible and gold being tangible. Gold also has an innate value due to being a precious metal. Although both are scarce, gold cannot surpass bitcoin at the time being.
4884  Bitcoin / Press / Re: [2019-02-19]Bitcoin Price Hits $4,000: Is this the Start of a Bull Run? on: February 21, 2019, 06:54:12 AM
EOS - 20% surge
Which just goes to show the market is still completely irrational. EOS is a complete scam, and yet it has seen one of the largest gains out of the top 10 coins. A shame that even after this bear market, newbies aren't sticking to coins that actually work (read: bitcoin), but still throwing their money away on useless trash.


and with the recent development of the highly-speculated Samsung Galaxy X10 (that contains a crypto-wallet that supports both Bitcoin and Ethereum), prices may potentially regain its value slowly in the following weeks to come.
I would be surprised if the release of a phone had any noticeable effect on the market at all, let alone allowing it to "regain its value", however you define that.

I apologize, it seems that I construe the news as a factor for Bitcoin in becoming a platform for everyone to use. The reality is the phone is on the strong side here, by implementing a feature that supports Bitcoin and ETH wallets, they can increase their sales. Another thing, I did not consider that bitcoin has a constant price which contradicts my assumption about 'regaining its value' since its volatile in the market.

I don't think it's a bull run. Be real. It's a bull run when it recovers to the point from where it fell in the recent months. Some people are reacting to this with too much enthusiasm and there's not much to be enthusiastic about. You lended 100 dollars to someone and he stole it. Later he came back and brought you back $50 and you're so happy about it. You thought you lost 100 and it's only 50 now. What a great day!

Any positive signs of increase is good news compared to news that says a decrease on its price. Although the 'bull run' may be relative, some individuals purchased bitcoins when the initial price was lower compared to the price of today- that's why they see it as a bull run. But you're definitely right, it really depends on the time you acquired your coins. 
4885  Alternate cryptocurrencies / Altcoin Discussion / Re: Could a coin price be locked in place? on: February 21, 2019, 04:05:05 AM
If a coin stabilizes its price, it contradicts its very purpose since what dictates the price are the demand and supply of each coin in the market. In addition, most individuals acquire and purchase cryptocurrencies to take advantage of their volatility for short or long-term investments. Unlike any conventional investments present in the market, mostly are centralized and governed by each agency which foresees the transactions.
The purpose on why bitcoin skyrocketed was due to the fact of its high-volatility which can garner large amounts of profits in a short amount of time compared to stocks, bank deposits, gold investments, etc.

The price of bitcoin won't be locked as you are thinking. Although that's just an example that plays to your mind but let's get into reality that bitcoin won't be volatile anymore if there's no motion for its price.

No one asks you to buy bitcoin if it has "stable" price at $5,000 or same that never moves. The purpose of bitcoin is still there but its value is going high as time passes by and it won't change.

Another thing to note is its scarcity. Many individuals compare bitcoin to gold and view it as 'digital-gold' due to its limited number of amount in the market. There are many factors to consider about the volatility of cryptocurrencies especially when government agencies or large investment companies intervene with the said processes and spread false news.
4886  Bitcoin / Bitcoin Discussion / Re: Elon Musk calls crypto “quite energy intensive” on: February 21, 2019, 01:50:04 AM
That is the reason on why ethical considerations regarding environmental concerns are starting to rise due to the by-product of mining- which is pollution and energy. Maybe another alternative is to find techniques to introduce 'energy saving methods' by considering the geographical location or by considering the use of renewable energy.

A clear picture on the electricity consumption of bitcoin to maintain the network is provided in the article. Elon musk being a legendary person who has shifted from fueled engines to electric car production to reduce pollution and increase the efficiency has got known better about the value of electricity. When his thinks an alternate to fuel to ignite the car, same is possible with bitcoin as well. Continued search for it will give way for decreasing power consumption on running the network. If electricity consumption and the pollution generated through bitcoin network is to cause global warming, tesla products too isn't exceptional. Because higher percentage of pollution happens while making a lithium ion battery. Maybe it's a one time process, but this too is contributing.

I think he is already thinking of alternatives about shifting the consumption of electricity by inculcating their design used on Tesla. Mining definitely uses huge consumption of energy and it is starting to cause pollution in some locations. Given its popularity steadily increasing, I see this as a problem when not addressed in the future.
4887  Economy / Speculation / Re: What do you do when price falls? on: February 20, 2019, 07:08:28 PM
As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?

First, remain calm despite the significant decrease in price. I typically invest the money that I am willing to lose and regardless of what the result may be I will hold my bitcoins until they achieve my long-term goal. I only invest 10% of my income to cryptocurrencies and diversify by acquiring different coins (ETH, Litecoin, and XRP) to minimize my losses.

When the price falls, I still able to hold my bitcoin because I still want to be accumulated and save it for future purposes. Sometimes I buy some of it. If I need it, I automatically sell it even if it dips as long as I need it or emergency purposes. So it also depends on my situations.
well, i did that too. basically I will continue to hold back the assets that I have, especially in this case. however, I also think like you, because when we need money, selling assets will be a pretty good way. however, holding assets is paramount.

Before you invest, know what your goal is. If you determine that by purchasing bitcoin at a specific price, your goal must be at least to accumulate profit depending on your target margin. If price falls unexpectedly, holding may be the better decision instead of panic-selling/liquidating most of your bitcoins. Again, only invest the money that you are willing to lose.
4888  Economy / Gambling discussion / Re: OPSkins - Why people are using it? on: February 20, 2019, 02:45:25 PM
I checked their website and saw that there are items categorized as 'apparels'.
Seeing that they sell shoes (which contains specific sizes- 9-9.5, etc.), I believe that those shoes are real items which can be sold, traded and bought at the website.

Most individuals purchase virtual items to feel this sense of uniqueness whenever they play. Although it is purely for aesthetic, to have something which most players do not have feels rewarding.
Just to add some information about virtual items being sold at ridiculous prices, this item was sold for roughly around $80,000 dollars (490,620 cat coins converted) in the game Ragnarok Eternal Love (only 1 in the game!).


Image taken from: https://gamingph.com/2019/02/evangelion-unit-01-costume-sold-for-4350000-php-at-auction-ragnarok-m-eternal-love/?fbclid=IwAR0EWXv2BaQ51Rgy8SUPn22n7-9xRwnFy0j8hfA7ON9qs3qhHalx4tl26TU

4889  Bitcoin / Press / Re: [2019-02-19]Bitcoin Price Hits $4,000: Is this the Start of a Bull Run? on: February 20, 2019, 02:01:37 PM
Just to add, here are other cryptocurrencies that increased their prices recently:

1. Ethereum - 10% increase
2. XRP - 8% increase
3. EOS - 20% surge

The market has been positive lately and with the recent development of the highly-speculated Samsung Galaxy X10 (that contains a crypto-wallet that supports both Bitcoin and Ethereum), prices may potentially regain its value slowly in the following weeks to come.

Su Zhu, the CEO of Three Arrows Capital, posted on Twitter that there is an estimated amount of 6$ billion sitting at cryptofunds, stablecoins, and exchange/silvergate/signatures. This may additionally cascade into pushing the price of BTC to beyond $4,000 in the following weeks to come.

4890  Economy / Marketplace / Re: For god's sake, stop lestening to mainstream Media and wake up people... !! on: February 20, 2019, 12:24:11 PM

JP morgan COE slates bitcoin and crypto and then JPM buys dip and develop blockchain..,,.

Facebook  bans crypto adverts and promo then assings team blockchain   development and will develop own cryptocurrency.,

Bill gates slates bitcoin than just day later wants to use bitcoin's legtening  network.

Banks blocking crypto exchanges and card and closing accounts then goldman sachs launches own crypto..

Unfortunately, individuals who rely on the decision of large/famous investors and companies tend to be followed most of the time resulting to a backlash on cryptocurrencies' popularity in general. One thing to note here, most large investing companies follow the conventional way of investing and trading resources. One of their core arguments tackle on the lack of any innate value, due to being digital cash.

On the other hand, if they rely on famous investors about their opinions about cryptocurrency, then read they might want to check this article (https://www.coinspeaker.com/bitcoin-paper-money-elon-musk/) about Elon Musk stating that bitcoin is better than paper money!

It is purely paramount for an individual to do his/her own research before believing into such companies that has the potential to manipulate and diverse the view of public.

4891  Economy / Trading Discussion / Re: Reason why crypto market bull run on: February 20, 2019, 09:42:37 AM
According from the latest charts, bitcoin has increased by at least 5% from its price and other altcoins are currently developing from their bear state. With this being said, the bull run of bitcoin might be sooner that we had expected. This may be an opportunity for most investors to regain the value of their investment.





There are manipulation in crypto market because this market still young with low capitalization so whales will easy to manipulate the price. This manipulation is still normal in young market, and we will see another bull market later because crypto  and blockchain technology will use for more industry. From technical analysis, crypto market will bull run again because from the historycal the market did it many times.

Whales have the capacity to manipulate the price by acquiring most of the bitcoins in this fragile market price. The bull run can be predicted by studying the market and developing awareness by educating individuals about cryptocurrency may be the first step towards achieving profit. But one must know how to educate himself in order to avoid such loss. Relying too much on others might yield the opposite effect on what they have in mind.
4892  Economy / Marketplace / Re: $1000 to spare each month, how would you invest it? on: February 20, 2019, 08:27:59 AM
Hey,


Looking to get some ideas from people so let me begin by explaining my situation:

- I initially invested around $3000 just over a year ago in crypto, which is now currently worth about $1000 (2/3rd loss). I've written this off/left it and am a firm believer the market will one day recover, be it short or long term.
- I then stopped investing early this year.
- I now have opportunity to save/invest $1000 each month (after all my bills and everything are paid for).
- I have $5000 saved in cash as emergency in case I need it.

How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour? What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?

I would be suggesting that you diversify your investments by considering other investing methods present (bank notes, stocks, cryptocurrencies). By this way, you may be able to minimize your chances of loss by the end of the investment period. Another thing, index stock funds are an alternative if you are relatively new to stocks since it follows blue-chip companies price. Categorize each of your investment whether for short or long-term.

$1000 for a common user is not a simple thing, it is a big amount for a common man in a third world country. Regular spending as investment for a longer time period needs to give long term promised profit. For this bitcoin, ethereum and top listed altcoins were the best pick. In between one can prefer investing into ico's that has got good future to get good returns in short term.

With the popularity of ICOs being tarnished by recent scams and shenanigans, I do not suggest in investing into such. Given the returns are relatively low plus the chance of losing your investment completely, the risk definitely outweighs the reward from this point.
4893  Economy / Economics / Re: Ethic & Sustainable Mining on: February 19, 2019, 06:20:05 AM
Critics overwhelm the Crypto Mining Industry on POW blockchains. Although BTC runs the safest blockchain, it's the most polluting one.
Mining companies can make Thousands if not millions of dollars with almost no employees.
Mining companies can provoke problems in their communities due to the amount of energy usage.

How can we make Mining Operations more sustainable?

Redirecting part of profits towards the problem they cause? Eg: Sustain or fund environmental impact businesses.
Going 100% solar/renewable energy?

How can all the critics be countered? How can we create an ethical mining sector?

Bitcoin mining is probably considered as a business which can garner large amounts of income, given the right resources and location of the plant. Although the presence of miners have been continuously increasing, news spreading about its environmental effects are also starting to manifest.
Like what most people have mentioned, one consideration can be shifting its power by to renewable/natural resources for its energy. Many countries practice the use of maximizing their natural resources and converting them to power depending on their geographic location.
Another consideration can be by setting a limitation or cap on power.

I guess the safest way to address the critics is to provide a framework about the proper disposition of pollution. The task is relatively difficult but it is definitely achievable with both sides benefitting.

I personally don't buy any of this stuff about mining causing such a huge problems when it comes to electricity usage and pollution. There is far more and far worse industries that spend much more resources and pollute much more then mining will ever be able to do.

Of course it would be best if mining could be done only using renewable energy source, but if people worried so much about pollution and energy efficiency we should first turn our heads toward other much more problematic industries.

Many of the industrial problems are caused by companies who monopolized a certain industry, which the general public rely on. Although the waste that they produce certainly affects the environment, the government cannot simply penalized them without giving compromises. Mining, on the other hand, is a relatively new type of business which is on its embryonic stage. From this standpoint, the pollution can be controlled by introducing techniques which can lessen its detrimental effects.
4894  Other / Meta / Re: Bitcointalk is Dying? on: February 19, 2019, 05:41:34 AM
I agree that the forum is dying and people should abandon paid/incentivized signatures.

I totally disagree.
People seem to realize that the activity of the forum correlates around the number of spammers WHEN the price of each bitcoin was steadily increasing, which is not the case. For individuals who seem to care only to the monetary opportunities arising from the forum, they based the activity on the number of posts they see or comments that are created by spammers.
Ever since the merit system was implemented, it filtered out most of the spammers including people who purely chased profits due to the stringent requirements of campaign managers.

Based on forum stats:

Average online per day: 178.41

Please provide any concrete data and evidence on where you gained this number. Posting any false/misleading data can qualify your account to be sanctioned.
4895  Economy / Services / Re: [OPEN] blackjack.fun Signature Campaign | Member - Legendary | Up to 0.01145BTC on: February 19, 2019, 05:03:49 AM


Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1158306
Current Amount of Posts (Including this one): 332
SegWit eligible BTC Address: 12gkipUiy4UY6GhoZucxUFs4yxYDsMyifU

I strictly advise that you read the forum rules spotted on the first page. You are unqualified to participate in the campaign due to your lack of merits required, as stated by the campaign manager.


4896  Economy / Marketplace / Re: Trading, campaigns, gambling or mining? on: February 19, 2019, 04:04:41 AM
Which one would you prefer or best to earn? As far as i have come across, crypto is the best platform to have good earnings. We have many who have a good experience on it and still into it without a regular job. Many have left their main job after experiencing double income from crypto. Many have become millionaire and have changed their lifestyles. Which one would be the best to have good crypto earnings?

It depends totally but to minimize your losses, it is preferably that you allocate your resources into all possible platforms. Before, cryptocurrency has been profitable in the long-term due to its price volatility.
An individual, without knowing what bitcoin truly is, may purchase and garner income due to the hyped created by the vast majority of social media and people. Unfortunately, when its price started to crumble, people slowly sold their resources and countries start prohibiting its circulation which significantly decreased its price on the market.

I feel bad for the people who JUST left their jobs and started cryptocurrency as their primary source of income. Before, it used to be investing but cryptocurrencies have become 'short-term gambling'. Do not misinterpret though, it may still be profitable given the right amount of time and resources but compared to 2013, it slowly lost its hype.

Trading, join a campaign or bounty and mining are the best one, gambling is not good to earn money because it's very risky to do and also you have a high chance to lose your money/coins too. If you have so much money, i think trading and mining are good to spend your money into it. You can get a nice profit by doing that two.

Based on my experience, trading and gambling is close enough because you can lose money too. I still prefer earn money by campaign, like sign campaign, bounty etc.
I don't say that trading is gambling but better learn a lot of trading technique or you just spend your money to "gambling-on-trading"

I choose trading and signature/bounty because these two things will give a chance to earn money. If you can learn deeper about trading, then you can get big profit in monthly and maybe you will use trading as your main source to make money. I think as long as you can buy at low price and sell when it's high, you will make money, and you don't have to think that trading will become almost the same as gambling.

Consider trading as constructive gambling, wherein you can lower your chances by extensively studying the market and the current news to foresight trends, price fluctuations, and business opportunities. Unlike gambling, it mostly relies on luck as the factor of winning. Although there may be techniques in order to lower your chances of losing, trading and gambling are two worlds apart.
4897  Economy / Services / Re: [OPEN] NanoGames.io Signature Campaign Sr./Hero/Legendary on: February 18, 2019, 11:46:47 AM
BitcoinTalk username: qwertyup23
Profile Link: https://bitcointalk.org/index.php?action=profile;u=1022860;sa=summary
Rank to apply: Sr. Member
Current post count (including this): 992
nanogames username: qwertyup23
BTC address: 3BMD1MTeBBm1cJDfYYrMWKxt7YZHtHcwL3

Have you joined Discord: Will join once accepted!
Have you joined Facebook, twitter and other media: Will join once accepted!


Hoping that I could participate in this campaign! I've been inactive for a while but I'm willing to bounce back and take responsibility of fulfilling this task! Thank you very much!

EDIT I withdraw my application.
4898  Economy / Services / Re: [OPEN][Signature]🔵🔵XCH4NGE🔵🔵Connecting Crypto Users Worldwide! on: February 18, 2019, 05:23:18 AM
Would love to participate in this campaign! I've been inactive for a few but I am willing to partake this responsibility once again!

Your Xch4nge username :Will register once accepted!
Bitcointalk username : qwertyup23
Link to your bitcointalk profile :https://bitcointalk.org/index.php?action=profile;u=1022860;sa=summary
Forum rank : Sr. Member
Current post count : 991
BTC address : 3BMD1MTeBBm1cJDfYYrMWKxt7YZHtHcwL3
4899  Economy / Services / Re: [2 OPEN SLOTS] ChipMixer Signature Campaign | 0.00075 BTC/post on: December 02, 2018, 10:12:14 AM
Username: qwertyup23
Post count: 989
BTC Address (must be SegWit): 3Pg7ka7ygj14tyr9Jai8GxK5nfQVPgJy5o

Been trying to apply for this campaign ever since!
4900  Bitcoin / Bitcoin Discussion / Re: Is it Game Over for Bitcoin? on: November 27, 2018, 01:15:19 PM
Prices have been on a constant decline ever since this year began. There's been FUD all over the place, and governments have been cracking down on Bitcoin and other cryptocurrencies. In addition, there have been several hacks which have also contributed to the decline in the value of the whole cryptocurrency market. As such, many people have lost their faith in Bitcoin and cryptocurrencies in general, as they've lost a lot of money.

Despite this, it seems that most holders would not give up on Bitcoin no matter what. But, if Bitcoin keeps declining in value until it becomes worthless, then long-time holders (like me) would become disillusioned. For those who want to protect their investment, there's the option to sell Bitcoin into USD or exchange it towards a stablecoin like Tether. However, even Tether has lost its peg (although in some occasions it heads back to $1) sometime this year, which means that not even stablecoins can be trusted.

Nonetheless, what are your thoughts about this? Will it be Game Over for Bitcoin? Or will everything go back to normal soon? Huh

I remember people around the forum making threads on what will be the main reason on the decrease on bitcoins price and there you have it. But rather than viewing this dilemma with negativity, consider also on taking it as an opportunity to acquire some while the prices are at stale. For the people who have significant amounts of bitcoin on their wallet, avoid selling everything in an instant.
Bitcoin has always been on the positive side of the market. With its creation nearly 10 years ago, its price constantly fluctuates depending on current events affecting government regulations or strict financials. Now with its price decreasing, I do think that its price may regain its value in the long-run as long as it maximizes and uses the blockchain technology.
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