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4881  Bitcoin / Bitcoin Discussion / Re: If Satoshi reveals himself, what would be of Bitcoin? on: May 13, 2017, 06:40:09 AM
It would better if the real creator of bitcoin will be hiding for the rest of his life ,like what he do when he first introduce it to the world. If satoshi revealed his true identity it will make a large impact on the price of bitcoin.
He'll not reveal his ID forever, there's just a too much complicated upcoming problem he's going to face if he just simply reveals his true identity and such a bad and not wise move for someone who holds so many coins.
Well, someone even considers that satoshi already dead but who knows, every year, there's always someone claiming to be Satoshi Nakamoto but can't prove it.
Whether the impact which will affect bitcoin if satoshi reveals his identity is good or bad, it doesn't matter, the time will answer.
4882  Economy / Economics / Re: Nowhere to Hide: IMF Advocates a Cashless World on: May 12, 2017, 12:59:10 PM
In the 21st century, cashless world is here whether we like it or not and the teeming population especially those who have the little ability of using the internet couple with affordable smart phones would continue to embrace it because it makes our life easier. Even the bitcoin we have today, majority of us don't have the physical coin rather the e-bitcoin so its not a bad thing but rather a development in the right direction for everyone to tap into.
A true cashless society would be one where people wouldn't even be allowed to use cash for anything, so it's still not here.
I really don't see how that could even work 100% of the time, cash is still needed for some people.

What do you mean by saying that people do not have 'the physical coin' (Bitcoin?)?
There's no official bitcoin physical but a forged coins made from silver, gold, and so on which contains an address filled with bitcoin inside it.
I'm actually not expecting a cashless world to be realised unless the internet has covered the whole planet, otherwise, the cashless world will seem to be a dream forever.  Maybe, in the future, there'll exist a technology that could allow the usage of digital currency everywhere without needing an internet connection but it's still uncertain, just hoping the best tho.
4883  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: May 12, 2017, 12:20:34 PM
In any system where there is a dependence on consensus among humans, there will be such a possibility, but in Bitcoin this would be very unlikely to happen, since miners would be harming themselves.
Bitcoin or other crypto can just help to corruption to spread, by my opinion. Today there is currencies and technologies where you can't see the money road. it's hidden where from it sent and where it taken. In today's world in many countries the judgement for corruption is very easy, I live in Russia and I can guarantee you that with those people the government doesn't use something serious, all that makes to corruption to bloom.
Tell me why the majority of cryptocurrency can be traced through blockchain explorer which provided by their own developers while the real money in which often used for currency can't and you're already thinking that these cryptocurrencies could spread the corruption? Which financial system that shows transparently to the public without the need of permission except the blockchain? there's none.
Probably people who said that bitcoin could get the corruption worse is those who know nothing, it's really clear that every transaction will be saved up in the blockchain forever, blockchain(in this case used by bitcoin) is actually more transparent than any existed financial system.
4884  Bitcoin / Bitcoin Discussion / Re: How to make governments accept bitcoin? on: May 12, 2017, 12:13:10 PM
I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
Maybe be there will be a possibility that the government will accept bitcoin as legal currency because the country japan accept bitcoin as a legal currency so maybe there's a big chance that it could be accepted.
Only for japan's government, of course, there's no point for other countries to follow what japan have done. Though japan (only) accepts bitcoin as their legal tender but it's already made a big impact towards the demands of bitcoin, it's a good thing of course.
The anonymity of bitcoin itself actually not an obvious anonymous, everything can be traced once the owner of an address revealed, thus, it's actually not a threat to the government, just if they know it ofc. maybe government just consider bitcoin as a threat because it has the potential of taking over their economy and replace the current monetary system, but, who knows?.
4885  Economy / Web Wallets / Re: Blockchain fees lie - What is the fact? on: May 12, 2017, 01:34:32 AM
As repeatedly discussed, the blockchain.info's fee policy is outdated that if you use their auto fee feature, you'll more likely to get trapped into the low-fee transaction and the confirmation will arrive within more than a day.
I've been trapped with this and it's really depressing, actually, there's some way to speed up the confirmation even if the fee is too small(CPFP, Replace by fee, using accelerator such as viabtc.com) but it's better to prevent this from happening. Better to always check the currently recommended fee and use it instead of using what blockchain.info has recommended.
And yeah, blockchain.info is actually lying, such a bad experience given by them to their users. wrecking their users directly.
4886  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you see alts have chances against Bitcoins? on: May 12, 2017, 01:28:26 AM
The one chance I see for an altcoin to succeed is the fees for bitcoin transactions keeps getting higher. This could discourage the use of bitcoins for small transactions.
Sometimes i convert my bitcoin to altcoin and then send it to another exchange. I do this because to avoid the higher bitcoin transaction fees

ROFL. We all have to admit that the bitcoin transaction fee is not as comfortable as it used to be in the past anymore. Bitcoin is becoming more and more expensive and I dont think that it is a good crypto. Bitcoin is gold and no one will use gold for payment method
I honestly think so, after the blockchain is overloaded by the unconfirmed transaction, the fee is now drastically increasing and it's such a pain in the ass. I still remember a good day when 0.0002 as a fee is considered as high and will get confirmed immediately, but now. It's as low as 0.0005 or above if you want your transaction to be confirmed within next 3 block, the recommended is no2 240sats/byte. Well.
4887  Economy / Web Wallets / Re: BLOCKCHAIN WALLET RECENT DELAYS WITH PAYMENT!! on: May 11, 2017, 08:49:31 AM
Is anyone noticing the recent delays with blockchain wallet payments?? I made 2 payments on the 9th may and it's more than 48 hours now but none of the transactions have been confirmed. All payments are still showing pending: 0/3 confirmations. I am sick of this.

Can someone please recommend a wallet that works better

I saw posts saying that you need to increase the fee to have your transactions included in a block. In case you didnt know why, its because the BTC network is now overloaded with transactions that now you need to pay a higher fee to have the miners choose your transcations first. Its not blockchain.info's fault.
It's definitely blockchain.info's fault. Their fee policy is outdated thus making their users have their fee below the current recommendation and the transaction stuck because of this. I'm also honestly trapped by this.
If you make a transaction through blockchain.info recently, you'll see that their auto-fee feature will recommend you the fee which they said will get your transaction confirmed within 10 minutes while the fee they just recommended is really below what it should be.
4888  Economy / Web Wallets / Re: BLOCKCHAIN WALLET RECENT DELAYS WITH PAYMENT!! on: May 11, 2017, 06:42:33 AM
I own a blockchain wallet and the reason is because blockchain has not updated their fee policy to be competitive. It recommends fees that are far too low, so it takes days to get confirmed. You have to go to advanced send, and set an appropriate fee in order to get a confirmation within 10 minutes.

Now why bitcoin requires a huge fee now is a different debate, but right now you have to suck it up and pay these stupid fees.
it seems that their fee policy is now currently on 120sats/byte whereas the latest recommendation is 240sats/byte. There's nothing you can do but wait depressingly.
Just wonder how outdated their system is by looking on this, it's a trap for their users and yeah, a half of current recommendation fee will gets your transaction confirmed within more than a day supposedly.
4889  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: May 11, 2017, 06:09:37 AM
We can use cash every place but we can't use bitcoin every plase.so cash is better than Bitcoin.
Not in every place on this planet but in every place of your locals, just tell me if when you're paying with zimbabwe dollars in U.S.A. I don't really sure people will accept the money. But, bitcoin also have a debit card which you can buy easily through debit card issuer and load it with your bitcoin. You can cash it out through nearest ATM or just go to some shop which accepts VISA or MasterCard. Therefore, the reason you mentioned above is not exactly valid as it's basically not comparing the features based on fact.
4890  Bitcoin / Bitcoin Discussion / Re: If only.... on: May 11, 2017, 05:43:31 AM
Did I miss something? The last 2 posts said congrats when actually he lost money?
The low ability of reading causes these two to don't know the meaning of the post. probably they're just picking up the last words which are "nice £22000 profit". It's a serious problem and could make people have lower IQ than what they should have, LOL.

sometimes the best strategy is to buy and hold and never look at the price. when you start incurring losses, its hard to keep a clear head and think straight.

As stated by OP, he needs money and has no choice but to sell his bitcoin, and he just lost his job right before that.
4891  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][QAU] QUANTUM PROJECT - Connecting markets on: May 11, 2017, 05:34:36 AM
Really? Quantum is already listed on some exchange sites? May I know on what sites? I'm really lookin forward for it to be listed on trading sites so that I can start saving some Quantum and wait till the price pumps
he's referring to few other ICO projects which have recently listed in exchanges and not quantum, read it carefully.
Frankly, it doesn't matter that Quantum will reach 1000 BTC. It is not magical threshold which will guarantee that project will be much better after crossing 1000 BTC
Sure, the more the better, but don't be crazy over reaching 1k BTC.
That's actually right, by hitting the 1000 BTC doesn't mean other investors will automatically following to invest into this project, it all depends on those investors to decide so and how they get interested into joining the project.
But, if quantum just crossing over 1000 BTC, already a good result isn't it?.
4892  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: May 11, 2017, 05:19:22 AM
It is quite difficult to answer this question. If Bitcoin is having a stable price, then it will be popular with merchants and bankers. But at the same time, its attractiveness among the traders and the investors will take a hit.

Yes, investors and traders bitcoin will not be interesting, because they use it only because of a good price increase.

I think opposite, if bitcoin price stable. So will many long-term investors who invest money in bitcoin in a very large amount. And bitcoin could potentially be an international currency.
Then, why investing in bitcoin instead of fiat in which have the same stability but fiat have advantages of backed up by the government and widely accepted without that much risk which ibitcoin investor bear?
Investor/trader will definitely prefer fiat and gold because it's also recognised officially by the local government, bitcoin might be banned, but these two will always be accepted and will always be for another century.
And be honest, an international currency without the recognition of the major country is nothing.
4893  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: May 11, 2017, 05:10:28 AM
Yes, if government already adopt bitcoin as centralized currency because most of the government official are currupt.
And also it may lead on stafa or scam as of now there are lot of people do scamming other users and that is their way to earn bitcoin.

Bitcoin is just a tool, a currency just like our local currencies does. Corruption does not come from the currency itself but corruption is a state resulting from an act of greediness of a person. As long as there are greedy and corrupt personalities we can never be freed from it and thus it may be bitcoin or traditional currency it is still prone to corruption.

Governments are always greedy people and thus corruption will always exist with real money or a crypto currency.
Governments aren't greedy, government exists to keep country alive and existent, what makes the government corrupt is people inside it, some are greedy and pathetic while there's still good people exist inside the government. It's wrong to say that government is greedy and corrupt if without it, a country will never hold on and the whole country will be destroyed then.
4894  Economy / Economics / Re: how i start a bussines with BTC on: May 10, 2017, 09:44:02 AM
You can also try mining BTC but that needs a huge amount of money to buy the necessary equipment and resources to do so, maybe you can do a bussines with that
Bitcoin mining is not that easy to do because it requires a lot of thins like a big capital for buying mining rigs and also for the expenses like the internet, electricity bill and also for the maintenance for your mining rigs and you can't be sure that they will last for long because mining bitcoin will reduce their life span so it is also risky business. I suggest to try other business like online shop and accepting bitcoin as a payment.
Mining can be really profitable, you just need to buy a chip rig like R9 290 (pretty affordable) and mine some coin which still has pretty low difficulties, mining bitcoin is only wasting your time if you don't have that good rigs and mining is not that risky, you just gamble to whether earning profit or not in a month, you will not lose your rigs because of mining.
And one thing, business like online shop also have a risk, there's no business in this world which don't have the risk to be honest, all is fair with the earning you can get.
4895  Economy / Trading Discussion / Re: First trade of altcoin, I am on the right direction ? on: May 10, 2017, 09:35:49 AM
Imo the best way in trading is following a professional you will lose less, and earn more. The problem here is.. Where to find that person  Grin

if profesional trader with contanst profit and big earn from trading
is never share trick, never share knowledge, no share signal, no signal selling
except open pump service
That's about to right, why the heck a professional trader will share their daily trades, if people get profit out of following this trader they'll more likely to say nothing but if they're losing because of following this trader as well, they blame this trader. Sharing daily trades is just unnecessary for me, maybe someone also does.
Though, if you're always following those professionals activity, you'll never develop a decent skill, but still, gain profit out of it until you lost connection with those professionals.
4896  Bitcoin / Bitcoin Discussion / Re: How to make governments accept bitcoin? on: May 10, 2017, 09:24:41 AM
There are many things to convince our government from our country to accept bitcoin first thing is bitcoin can help grow our economics technology now adays is upgrading so why not to accept? Here in my country they already considered bitcoin as our currency from internet and few of them are starting to use bitcoin for trading and for their own businesses.

The government wants to benefit from the use of bitcoin and until it sees it, then there can be no question of its adoption.
The main question here, what's the benefits which government could gain if they're start to accept bitcoin? Bitcoin is basically volatile that if government just convert their money to bitcoin means they're risking the whole economy.
There's no real benefits for the government at all as I've seen and the benefits is purely there for an individual who uses bitcoin, nothing more.
4897  Bitcoin / Bitcoin Discussion / Re: John Carmack is Satoshi Nakamoto on: May 10, 2017, 06:59:35 AM
Based on this forum, everyone is satoshi, John Nash, Dorian Nakamoto and so on. but still, I doubt among these is exists the real Satoshi Nakamoto, but, when I just typed Satoshi Nakamoto in the google there'll appear the face of Dorian Nakamoto as a thumbnail for the Wikipedia page, a coincidence? I think yes. Either the writer has made a mistake or google just picking up random image for the thumbnail.

One question.Who cares?
I don`t care who is Satoshi Nakamoto anymore.
He created bitcoin and he left it to the people.That was the right thing to do.
Agree with this. Whoever Satoshi Nakamoto is, it'll not change the fact that his invention is now popular and success.
4898  Bitcoin / Bitcoin Discussion / Re: BTC dominance decreasing. on: May 10, 2017, 06:54:25 AM
A couple of months back (March), I remember seeing bitcoin dominance about 85% when It comes to the market capitalization. Its currently 59.2% and probably will continue to decrease in the next a few days. Is this something to be worried about?

Source: https://coinmarketcap.com/charts/#btc-percentage

I`m not sure if those stats are true.
Most of the altcoins are bubbles which are going to burst,so bitcoin will return back to 85% soon.
The entire cryptocurrency market cap is increasing,which is good.
Not likely while the money which goes to the altcoins keep on increasing every day, the majority of crowd sale/ICO even use ethereum instead of bitcoin. Therefore, people who want to invest into some projects will be forced to convert their bitcoin to ethereum which means increasing the dominance of alts towards bitcoin even if many currencies' cap merged into one.
4899  Economy / Services / Re: BTC For Grammar Correction, writing, suggestions. on: May 07, 2017, 08:34:42 AM
If you need a grammar correction, I strongly recommend for you to use grammarly. You can sign up for free subscription but it has limits so it's up to you if you want to pay for full utilization.
Grammarly is not that good, sometimes Grammarly often makes a mistake that could make the whole sentence have a different meaning, it's still better to get a service from a native English speaker whose grammar is perfect and well educated. So, this recommendation is kinda useless.
4900  Bitcoin / Bitcoin Discussion / Re: can you tell me where I can shopping by the BTC? on: May 07, 2017, 08:30:46 AM
Beside of using bitcoin directly to buy a phone, you can simply issue a debit card and load it with your BTC, by using this, you can buy either in online or offline shop, national or international. so it'll give you wider coverage and more option where to buy the phone you're aiming, though, using BTC directly is still a good way to go. Hope you success.
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