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5001  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Breaking News!! ETH Breaks $100!! on: May 05, 2017, 08:00:57 AM
Well there you go. Despite what all the haters and Spoetniktards lies ETH has now broken through $100.

Next target $1000 by end of 2018 so this is your last chance to buy cheap ETH.

http://www.coindesk.com/ethereum-ether-100-price-historic-first/

Wouldn't say that it's gonig to be $1,000 by the end of 2018.

I mean it's possible but it's not probable.

You're definitely not going to see any coin go from $3 in the beginning to $1,000 after a few years. No coins I'm aware of that did that except for bitcoin and the reason was bitcoin was relatively unknown in the days, but Ethereum had a crowdfund that went really successfully.

But good for the Ethereum holders I guess, maybe I'm just a bit jealous Tongue
5002  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: May 05, 2017, 07:47:29 AM
Bitcoin for me is my source of income because I earn money I work with bitcoin. This coin help me to but my needs like shampoo, soap, toothpaste and even my allowance. I love bitcoin very much and Im very happy because I see the bitcoin. I hope I can earn more bitcoin so I can buy new gadgets. Bitcoin is my life saviour. And I hope it will live long so many people also earn money like me and like us.
Good to hear that bitcoin do really helps you a lot on buying something which needs on everyday basis but better to find alternative ways on diversify those earnings because we wont know on when bitcoin would collapse that's why while still early the money we do earn we should really think of on investing because it serves as a back-up plan when anything goes wrong.

Yeah definitely.

It's great to see people actually using bitcoin as it was intended to be used in the first plcae because bitcoin is definitely a great way for people that don't have access to banking services or getting paid in a currency that they don't want because of inflation problems etc. to hedge against their currency collapsing.

Also a great investment vehicle, i mean look at bitcoin's price, it could go up $100 a day, gosh.
5003  Bitcoin / Bitcoin Discussion / Re: Are Miners or others stealing our bitcoin? on: May 05, 2017, 07:26:15 AM
I sent some Bitcoin to my Payza account and payza said they received the transaction and waiting for it to confirm. It was sitting unconfirmed in my Payza account and in my blockchain dot info address for over 24 hours. I logged in this afternoon and found that the transaciton has totlaly disappeared from my blockchain account and it is is showing this:

https://blockchain.info/tx/50bf070386b69f24812744f0ac333c45666afc65fe6559b44915836b7401a874

The funds are not in my payza as it is still showing pending and nothing is showing in blockchain dot info at all.
It says was rejected and pruned so who has my bitcoin? Where has it gone?

https://blockchain.info/tx/50bf070386b69f24812744f0ac333c45666afc65fe6559b44915836b7401a874
Are pools stealing our money?  Cry

Nope. They aren't able to steal your money but they can certainly "steal" your confirmation times on your transactions. If you don't want that to happen to you again then simply pay a higher transaction fee for the miners next time you send a bitcoin payment to someone. It's like a dollar now but used to be cheaper, still it's pretty cheap when comapred to some e-currencies charging you a percentage of each transaction.

If you have trouble with confirmation times, try viabtc's transaction accelerator as well. It's a great tool, and it's free.
5004  Bitcoin / Bitcoin Discussion / Re: How can we expect "average Joe" to remember passphrases to his Bitcoins? on: May 05, 2017, 06:43:36 AM
It's something which seems crucial to me for reaching mass adoption (in addition to scalabilty of course...).
Already on this forum there is a shitload of people losing their Bitcoins by forgetting passphrases, the private keys, the dat file etc...
So I would like to know what technological solutions could be proposed for this problem.

To make a comparison, a lot of people are forgetting their credit card code (even if it's only 4 digits...) or losing the card and the centralized solution to this is the bank providing new card/code.

Which decentralized solutions to this problems could you think of?

Nothing, really.

The point of having a cryptocurrency in the first place is that you want to have full control over your funds. If there was a way to recover your funds then there will also be a way for others to exploit this method and hack your account. And this plus the irreversibility of bitcoin is a recipe for disaster as people will aim to hack as many accounts as possible in bitcoin instead of bank accounts because the transactions are so easily made.

If you can't store your private keys safely, then maybe you shouldn't be using bitcoin....
5005  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I have my pockets full of LTC and my home boys do too! on: May 04, 2017, 08:47:04 AM


WoW! Are you guys watching, just Wow!

I'm not a litecoin hater, I respect all coins the same.

However right now there is in my opinion only one reason why litecoin is going up - that is because coinbase has accepted litecoin recently and there is a hype. Soon, the hype will die off, litecoin will either stabilise at a lower rate or crash.

If you are a litecoin bagholder, then i respect your decision. But personally I would never do that.
5006  Economy / Economics / Re: Bitcoin: Best investment in 2017? on: May 04, 2017, 08:29:49 AM
I feel this, bitcoin experience major changes in the year 2017. Many entrepreneurs and investors who are successful in the year 2017. With prices increasing in 2017 is bitcoin somoga all users can feel the success

Yeah, definitely.

Bitcoin has already gone to over +60% this year and it's only going to climb even more. It is obvious that it's not just a pump and dump because it is so sustainable - you simply cannot dispute that, bitcoin literally goes up by $5-10 every day, without fail.

The thing is, always diversify even if bitcoin is performing this well. You never know what to expect, even with a great safe investment vehicle like bitcoin is right now. Get some altcoins, get some fiat.
5007  Economy / Services / Re: I´ll pay 100$ if u have a coinbase account on: May 04, 2017, 07:57:47 AM
Hello there, I´m currently looking for a person who has a coinbase account from usa full verified, I need to cashout some money of a bank account, but the only way to do that is whit an usa account, and I´m not from usa, anyway, I´ll do everything via teamspeak so we can´t have troubles about security issues, and it´ll be everything in your computer. Once I finished you´ll get 100$ in btcs

Go onto localbitcoins and not only will you have zero issues with the process, you'll probably be better protected since you are using escrow. If you just transferred bitcoin/usd into the other guy's account then that guy can steal all of your coins.

And that's not even mentioning the legitimacy of your offer. It is highly likely that you are doing money laundering activities that will get the person's coinbase account suspended and leave a bad mark on their profile.

Bad idea, bad idea indeed.
5008  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC is DYING, LONG LIVE THE NEW KING LTC on: May 04, 2017, 07:41:40 AM
Just because a coin goes up in a few months by more than another coin, doesn't mean that the coin is superior or more usable.

And you're definitely not the first person to claim that bitcoin is dying, nor the first to claim that litecoin is going to take over bitcoin. Litecoin was first designed to be ASIC resistant but now that function is gone.

Bitcoin has a larger user base than litecoin, and i would say more stable than litecoin.

A coin can't get consistent returns of 600% every single time. It's just impossible.
5009  Economy / Currency exchange / Re: WTB Goldmoney grams on: May 04, 2017, 07:23:27 AM
I am still looking for Goldmoney grams, please shoot me a PM to get a quick deal done.

I don't mind if it is from Dubai vault either because I'm looking to purchase grams to cash out via bank transfer/physical gold. I have no need for a prepaid mastercard that they offer because they don't support my country anyways.

Thanks!
5010  Economy / Currency exchange / WTB Goldmoney grams on: May 03, 2017, 09:53:10 AM
As the title says I'm looking to buy Goldmoney.

Willing to pay 75-85% of the value of your gold which is one of the best offers on this forum currently for goldmoney, depending on the vault the gold is situated in as well as the source of funds. Also your reputation on the forum will be taken into consideration, eg the more rep you have on this forum the higher rate you get because there is a lower chance of chargeback or fraud for me.

PM me with your offers, currently only able to buy up to 0.03 BTC at one time but later might increase this limit.

You have to show me the source of the gold by taking a screenshot from your goldmoney account.

Shoot me a PM, looking forward to trading with y'all.
5011  Economy / Economics / Re: Bitcoin Japanese exchanges increasing on: May 03, 2017, 08:42:20 AM
The Japanese Bitcoin exchange market and industry have matured significantly over the past few months, to the point in which the country’s largest financial institutions and corporations have started to launch digital currency exchanges and trading platforms.

In fact, one month after Japan started recognizing Bitcoin as a method of payment, more than ten new companies in the country are reportedly applying to become Bitcoin exchanges. Meanwhile, institutional investors are increasingly gaining interest in the digital currency.

How many Japanese Bitcoin exchanges do you think will launch this year?


Not surprising at all as bitcoin was officially recognized this year in Japan.

I would say that at least 2-3 more new exchanges that will turn out to be long term projects will come out this year in Japan. And that's pretty conservative, since bitcoin price is going up and that brings a lot more media publicity, and more entrepreneurs will take time to look at bitcoin and see that there is potential in launching a local trading platform.

However I do see that trading is going P2P, so platforms like LBC will probably thrive.
5012  Alternate cryptocurrencies / Altcoin Discussion / Re: Will ETH overtake BTC in market cap? on: May 03, 2017, 06:20:46 AM
I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

I don't think that Ethereum will ever overtake bitcoin in its market cap, ever.

It is simply because the fact that bitcoin is the first cryptocurrency, it will always be known as the first cryptocurrency. No cryptocurrency has the reputation and age of bitcoin, simply none.

Also if you haven't noticed bitcoin market cap has grown considerably as well, from 10 billion USD to more than 22 billion right now. Bitcoin has more liquidity than bitcoin, bitcoin has way more users than bitcoin, and more "apps" that are built with bitcoin integration. I don't believe that just because you are able to build decentralized applications on Ethereum, will mean bitcoin will be overtaken.
5013  Economy / Trading Discussion / Re: What Is the Best Way To Diversify 100K in Crypto? on: May 03, 2017, 05:53:48 AM
What I would suggest is:

- 50% bitcoin, in cold storage wallet. Make sure that the wallet is 100% secure, the last thing you want to happen is your wallet getting hacked or destroyed by an natural phonemenon and you losing 50k USD wotrh of coins.

- 20% Ethereum, again, put it in a safe cold storage.

- 20% Monero, good hedge against government intervention on cryptocurrencies. Balances are private, so nobody can ever tell whether you have monero or not.

- 10% Lisk, basically a javascript version of Ethereum, i baghold a bit.
5014  Economy / Economics / Re: Bitcoin: Best investment in 2017? on: May 03, 2017, 05:41:50 AM
Bitcoin price has outperformed every reserve and fiat currency across the world year to date, yet again. By outperforming the US dollar by over 30 percent, Bitcoin surpassed the growth of the Mexican Peso, Silver, Gold and Russian Ruble to become the best performing currency so far in 2017.

Thus far, 2017 has been a successful year for both Bitcoin investors and alternative cryptocurrency (altcoin) traders, with leading altcoins or crypto assets such as Ethereum achieving a $5 bln market cap in early April. The Bitcoin market, however, experienced some major changes in its ecosystem earlier this year. The major driving force of Bitcoin price in 2017 is suspected to be the resolution of the Bitcoin network’s current scalability problems.

The Bitcoin network’s one MB cap on block size is causing Blockchain congestion, a drastic increase in fees at times and long confirmation times. If Bitcoin scalability issues are addressed within this year, with innovative solutions such as Bitcoin Core’s Segregated Witness (SegWit), Andrew Lee’s Extension Blocks or other potential emerging solutions, Bitcoin price will most likely demonstrate an exponential mid and long-term increase.

Would you invest in BTC this year?

I definitely already did.

However it is really important that you don't get caught in the hype. Not just for bitcoin but also for anything else, really. Whether it is some sort of investment scheme, forex trading, even altcoin trading. Don't buy in when it's at the top.

Right now it is hard to tell, i've sold 50% of my bitcoins already to diversify. Can't ever be too careful.
5015  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][QAU] QUANTUM PROJECT - Connecting markets on: May 03, 2017, 05:25:18 AM
Nice to know that the prover has already raised 400 Btc. Hope this attract the many new investors and project launch be a great success and investors too get a good return in coming time .


It's nice to see the funds rising fastly in early days of Pre-sale project. it's a quite good plan.

I'm still waiting for a final result and I hope it will be a good signal for this project.


Yep, ICO is ending very soon so i think that it is definitely an opportunity not to be missed. IT has been a while since a project paired up with another well known altcoin project and also have a mass promotion campaign going on.

Will be interesting to see the results of the ICO for sure.
5016  Economy / Currency exchange / Re: Neteller bitcoin withdraw policy on: May 03, 2017, 05:07:17 AM
Alright, just received a response from neteller support.

"To follow up on your inquiries, please note that funds deposited with Bitcoin cannot be used for withdrawals, even if you send the funds to another person they would probably not be able to withdraw the funds, just transfer them to a merchant.

We recommend that you use the funds deposited with Bitcoin before you initiate a withdrawal."

Basically they only had this bitcoin deposit thing for the purposes for you to buy from online merchants - not really a good idea to use it at all.

And if you are buying from someone, make sure that the source of their funds are not bitcoin deposits. Apparently, you are unable to cash out these funds with bank withdrawals/net+ plus cards.
5017  Economy / Currency exchange / Re: [WTS/WTB] BTC @ preev +/- for PM/Neteller/PayPal/FreeCharge/PayTm/INR/GBP/AGC on: May 02, 2017, 08:29:16 AM
Was asked to post a vouch.

Sold this user some bitcoin for Neteller, first trade was $96 and second trade $20.

Both trades went really smooth, I sent first. Seems to be an intelligent and professional guy.

Looking forward to future trades!
5018  Economy / Currency exchange / Re: Neteller bitcoin withdraw policy on: May 02, 2017, 07:09:53 AM
At neteller webpage it says that if you deposit via btc you can not withdraw it nor make online shopping. You can only send it to merchants or another member. What happens if you transfer such cash to another member. Can that member withdraw then such cash through atm ? (I mean cash which was firstly deposited via btc option).

I've actually just sent an email to their support, still waiting on their response.

Pretty sure that yes, the members are able to withdraw it through bank transfer or NET+ card there is no issue. Or you could fund your Skrill account with Neteller and then do it back so you get back Neteller funds. Obviously it'll incur fees either way.

They've said to me that any fund sdeposited by BTC can't even be used for bank withdrawals, which is weird because usually they let you do that after you complete verification. But if the Neteller funds deposited by bitcoin when sent to another member cannot be withdrawn by them wouldn't make sense at all - because apparently all they can do is to either hold onto their neteller funds or send it to someone else.
5019  Economy / Service Discussion / Re: Is Bitfinex turning into Mt. Gox? on: May 01, 2017, 08:07:06 AM
They have suspended all FIAT deposits as well as USD withdrawal.

April 13 Announcement: https://www.bitfinex.com/posts/199

April 17 Announcement: https://www.bitfinex.com/posts/200

Reddit on Panic: https://www.reddit.com/r/BitcoinMarkets/comments/65vygu/bitfinex_stopping_money_deposits_while_we_develop/

Well, exchanges are always risky to keep your money on. They do seem a lot more reliable than Mt. Gox though.

Not really...

Mt Gox was THE most popular and viewed as the safest and reliable exchange that was in the bitcoin world back in 2012-2013. Nobody ever could have predicted that Mt Gox was going to crash - it all seemed to function smoothly a few months before.

At least they are not blocking bitcoin withdrawals, if they did that would have basically been the end.

Still though you have to pay a premium to get your bitcoin withdrawn because the price is heavily inflated.

Although I have to add that they claim to have retained full liquidity and there are no issues with the funds themselves - they claim that the funds are in their full possession instead of in Mt. Gox's case they claimed to be hacked. So there's good news for the Bitfinex bitcoin holders out there - although it really depends on whether you believe them or not.
5020  Economy / Currency exchange / Re: $2 biz Please transact my $4 from WebMoney to Bitcoin on: May 01, 2017, 05:53:11 AM
I will send you $4 to your web money and you will send me $2 to my bitcoin ..I just wanna buy a domain please help - a $2 biz.

I can do this for you, let me know if you are still looking for the deal.

We can use escrow(not worth it for such a low amount of bitcoins) or you can send first to me since you are a junior member and I'm a senior member on this bitcointalk forum.

PM me for deal, thanks.
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