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5081  Bitcoin / Press / Re: [2017-12-30] Australian Freeze: Big Aussie Banks Denying Bitcoiners on: December 30, 2017, 01:51:53 PM
It's pretty simple, if a bank denies me access to Bitcoin, or crypto in general, I withdraw my money from that shit bank. I have experienced the same a good while ago, and it meant the exit of that bank for me. I withdrew all my money from that bank and told them to immediately close down my bank account. I am glad that my current bank doesn't seem to be working against crypto coiners at all, but in case it does, I will personally set up a group or whatever to organize somewhat of a bankrun with everyone that I know. Seriously, let that piece of shit bank bleed till it can't do anything other than correcting its mistakes.
5082  Economy / Speculation / Re: Bitcoin 500k in Three Years Predictions with Gold and Growth on: December 30, 2017, 01:16:18 PM
There were so many predictions been made in the past few months because everybody wants to be right in the future, but the guys that are making these predictions didn't understand the bitcoin technical problems such as high transaction fee and slow transaction problem. without these issues, bitcoin will surely reached any level based on their prediction, but man, bitcoin is now suffering because of these issues and the future of course.

Bitcoin's limitations only form an obstacle for further growth in the very short term. It hopefully won't take another year before we finally have Lightning Network tackling all Bitcoin's current annoyances. If Bitcoin's price for that reasons falls down while LN still hasn't been implemented yet, at least use it in your advantage to accumulate more coins. Where a lot people see the dropping price as a negative event, others look forward to further drops since it offers them the lower entry points they were so desperately looking for. On the other hand, we should be happy that the price isn't going up much further, because honestly, Bitcoin in current form doesn't really reflect being worth $20,000 per unit.
5083  Economy / Speculation / Re: 45% drop - this is new territory, never seen before on: December 30, 2017, 12:53:05 PM
but the thing is that they usually learn their lessons after the first incidence and that is what makes it even better.

It might look like so, but the thing is that there are so many of these people, that those who end up learning from their mistakes, are still no match in number for those who keep making the same mistake. Great thing however is that the market has been going up continuously regardless of all this incompetence. Each time the price is going down, people act like it's something ground breaking, while if you look back, it all fits in how this market operates. People should understand that this isn't the stock or Gold market. In no shape or form does this market acts similar to how the aforementioned markets act, and that should be clear by now. It's like people don't think Bitcoin deserves to have this value, or even doesn't serve a purpose.
5084  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Ripple (XRP) usurp Bitcoin? on: December 29, 2017, 10:54:57 PM
Ripple's current market cap is $216 billion, which means that it will require another $40 billion to surpass Bitcoin's market cap, but that doesn't mean anything. If we look back, Bitcoin's market cap has already been surpassed by numerous coins a few times already. It's classic market cap manipulation done by having a coin with like 100 billion units as supply, give it a value of $2-$3 per unit, and there you have a higher market cap than Bitcoin. If I recall correctly, Ripple has been one of the coins having surpassed Bitcoin in market cap some months ago as well. Market caps are useless metrics because of how easy it is to manipulate a coin with an insane total supply - it doesn't say anything about actual usage, etc.

https://coinmarketcap.com/coins/views/market-cap-by-total-supply/
5085  Economy / Speculation / Re: FUD FUD and more FUD on: December 29, 2017, 10:39:48 PM
We might be seeing more of this in the coming year 2018 but we all know bitcoin will always prevail and what doesn't kill it, will only make it stronger.

Bitcoin has been subject to all sorts of fud since waaaay back in the very early years. Currently we have to deal with various camps thinking that their shitty fork coin is the "real" Bitcoin, like BCash is trying to do. From another side we have fud purely being meant to make people sell their coins and to trigger a correction, so those behind all this will be able to buy back lower. And there will probably be more reasons as to why someone would want to spread fud. It all comes down to greed in the end, and in no shape or form will it affect Bitcoin in the long term, otherwise we wouldn't be where we are right now. If fud manages to get the price to tank in the extreme short term, use it in your advantage to buy in lower. Smiley
5086  Bitcoin / Press / Re: [2017-12-29]John McAfee: cryptocurrency influencer, or manipulator? on: December 29, 2017, 04:51:42 PM
He isn't a crypto currency influencer, and he isn't a manipulator - no one takes this clown seriously. He is looking for spotlight attention, and in order to get that, he acts like a complete moron in basically every video where he gets interviewed by whatever news channel. It's almost impossible to find high level people down to earth and actually try to contribute instead of using their big mouth all the time. I think thus far the only entities I do somewhat respect, are the Winklevoss twins. I appreciate each and every contribution of them to make this market interesting and accessible to institutional investors and other wealthy entities. Action speaks louder than words, and that's something I 100% agree with.
5087  Bitcoin / Press / Re: [2017-10-31] Iranian Government Preparing for Bitcoin Use Inside the Country on: December 29, 2017, 04:27:16 PM
It's quite weird to be honest. I think it's more likely that the article got wrongly translated as it probably meant to say Bitcoin equivalent in Persian, but the English translators took a different path. It won't be the first time that articles get wrongly translated to make it seem more interesting than it in reality is. If true it will be an amazing achievement from a country that no one expects it from, but I rather remain conservative till there are more reputable news sites coming up with more factual information.
5088  Bitcoin / Bitcoin Discussion / Re: All eyes on Japan in 2018 on: December 28, 2017, 09:59:42 PM
Meanwhile, MONA is structured in a way that can handle a much larger quantity of transactions at a cheap cost.
It was the first coin to implement Segwit and devs are also working on LN.
So it is no surprise to me that Japanese merchants now accept it.

LN will be able to do everything other altcoins claim to do, and that all at an ultra low cost. Confirmations won't form a problem anymore, the current insanely limited number of transactions per second, fees, etc. I however find it quite an achievement for a mere redundant altcoin as Mona to have at least some sort of adoption. I however doubt that merchants will continue to adopt altcoins with LN knocking on Bitcoin's door. That being said, that B......Cash logo is just portraying itself to be Bitcoin, but we all know better. It's not for nothing that Roger Ver doesn't like the term BCash. Bitcoin has to be present in the name, otherwise that rubbish coin will miss out on so much free marketing and brand awereness. Roll Eyes
5089  Economy / Auctions / Re: [Domain] FreeBitcoin.pw on: December 28, 2017, 09:27:10 PM
0.001 BTC. Would you accept ETH as well?

I completely forgot this auction. Cheesy I only accept Bitcoin.
5090  Economy / Economics / Re: question about transaction fees... on: December 28, 2017, 09:24:53 PM
I think you have to wait for a few days may be transaction fees will go down.. 2 weeks ago when I want send my bitcoin and transaction fees reach $ 40 but in few day I try again to send my bitcoin and transaction fees dropped become $ 4..

In some cases you can't wait days for the transaction fees to go down, where they might even increase further. In this case, the transaction fees have dropped significantly, all the way to 0.00149BTC from +0.002BTC, which is a clean 25% decline. I however can't see anything that hints at the $4 fee that you are talking about. It might be that you were just lucky to have your transaction confirmed with just $4 in fees. Usually if you send your transaction with such a low fee, and especially with how cluttered the network is, miners won't even bother looking at your transaction because there are enough transactions they can confirm that contain a higher fee. It's either just luck, or you made use of a transaction accelerator.
5091  Economy / Service Discussion / Re: HashFlare might be a Scam on: December 28, 2017, 08:57:03 PM
I would strongly suggest not to invest in this company !

It doesn't really matter what you or others say. There are enough delusional people that will invest in these schemes anyway, and it has been like this for years now. It shows that no one even bothers to actually think before pumping money directly into the pockets of scammers. If this market wasn't full of delusional people, these cloud mining services wouldn't exist anymore, and that's a straight fact. Anyone contributing to these services by investing in them to exist longer, is equally as bad as the scammers running the show.
5092  Bitcoin / Press / Re: [2017-12-28] EU Central Banker: “Stop Calling the Bitcoin a Coin” on: December 28, 2017, 04:07:12 PM
If you guys stop calling Bitcoin a bubble or a fraud, I'll stop calling it a coin, which is something that will never happen I guess. Cheesy It's beyond me that these idiotic banksters still lack the actual understanding of what Bitcoin is really about. In most cases there is a saying -> If you don't know what you're talking about, then don't talk. It's pretty simple, but yet a very effective saying. I am all in for a well harmonized existence of Bitcoin and banks, but in these cases I wouldn't mind seeing them dry out completely. Another funny thing is that banks advice people to not get involved in Bitcoin, and if they do anyway, and they lose out, that they will be responsible for their own actions. LOL. If banks mess up on the financial markets, they make the tax payers pay for the mess they created, the hypocrites.
5093  Bitcoin / Bitcoin Discussion / Re: All eyes on Japan in 2018 on: December 28, 2017, 03:23:53 PM
Exactly, BTC fees are the issue for Bitcoin broader acceptance at this point.
But transactions fees are very low with NEM and MONA so these coins may be more easily accepted by Japanese merchants throughout 2018.

Of course do altcoins offer cheaper transaction fees, because their networks don't experience any sort of actual usage. None of the altcoins in this market comes even close to how robust and secure Bitcoin's network is, and that premium will cost you, it's that simple. I must however admit that at this point the fees aren't reasonable anymore, but that's something Lightning Network will take care of, so there is no need for merchants to accept whatever altcoin. This ecosystem need to start with seriously utilizing Segwit, which is something that will lower the fees a notch or two, and that's the main point everyone aims at, right? In other words, blame all the services still not having upgraded their operations.
5094  Economy / Speculation / Re: Bitcoin price after South Korea moves to regulate cryptocurrency trading on: December 28, 2017, 02:51:05 PM
It shouldn't. Bitcoin is expanding into a territory where the government was (is) the sole ruler, and for that reason you can't expect them to let Bitcoin continue to gain ground without the necessary regulations being enforced. I rather have it happen now than a few years away from now, because there is absolutely no need for governments to stretch things too far out. "anonymous" trading has already being hammered down by most of the exchanges, where Bittrex functions as a perfect example. It has gone so far, that even legacy accounts aren't safe anymore. Just today articles popped up that Poloniex will force legacy accounts to verify themselves as well, so South Korea definitely isn't the first to come up with this. Smiley
5095  Economy / Speculation / Re: FUD FUD and more FUD on: December 28, 2017, 02:27:05 PM
It is causing potential new users to opt out of BTC and possibly into alt-coins.

Not really. People believing this nonsense have nothing to contribute anyway with their few hundred buck holdings. If we look back at how the mainstream media has been talking about Bitcoin, then it's still the same - there is no understanding of Bitocin, and they are looking to attract clicks. I have seen a video on Youtube where someone was talking about how he invests without actually owning any crypto currencies, and as soon as Monero is being brought up in the spotlight, the lady leading the interview asks him 'isn't that the currency used by criminals?!', where this legend replies with 'everything is being used by criminals, including the US dollar and the Euro'. It's fantastic.

For those willing to see the video; https://www.youtube.com/watch?v=azailpA6wdQ the part I am referring to starts at 05:00
5096  Bitcoin / Press / Re: [2017-12-28] South Korea Bans Anonymous Bitcoin Trading on: December 28, 2017, 01:43:34 PM
I am totally fine with it, and strictly speaking, this has been something that most of the exchanges here are already working on. It's almost impossible anymore to trade on the reputable exchanges without verification, and at a certain time, even crypto versus crypto trades will be handled all the same. If there were no regulations, we wouldn't be able to grow this large, and in order to reach this level of growth, we have to compromise with governments. They get their much wanted control, and we get our much wanted growth potential. Great thing is that people are free to make use of the various decentralized exchange platforms if they don't agree to all this. No one is forced to make use of centralized exchanges. Smiley
5097  Bitcoin / Press / Re: [2017-12-27]South Korea’s government will impose measures to regulate speculatio on: December 28, 2017, 01:11:01 PM
It's funny how the mainstream media is twisting things and name these South Korean measures to be the reason the market today has been dumped down significantly. It's bolded because they were strongly emphasizing how hard the price went down today, lol. It's just normal market volatility in days where there is no clear direction to move to. It's pretty pathetic how even now the idiots from the mainstream media don't know what they are talking about. If Bitcoin is increasing in value, they praise how well it has done this year, but if the price goes down with just $1000-$1500, which is common volatility in the crypto market, they are talking about bursting bubbles and Bitcoin losing traction. Roll Eyes
5098  Economy / Auctions / Re: [Domain] FreeBitcoin.pw on: December 27, 2017, 10:38:16 PM
Domain and whoisguard got autorenewed to January 18, 2019.
5099  Economy / Speculation / Re: Good news everyone: SegWit may finally be activated with majority support on: December 27, 2017, 10:30:29 PM
I heard that probably Coinbase is going to implement the segwit wallets soon, i dont know if this is real, but far as i know this is going to be fair for all of those who have money in those wallets (and that is pretty risky lmao)

If you think that you will end up with more coins, then you're super wrong. It's more them (potentially) going to 'upgrade' their entire operations to utilize Segwit, which has been active for quite a while now, but severely lacking actual adoption. I am sure that if Coinbase ever ends up doing so, other large economical entities will follow, and thus allow the network to breathe for once. Blocks will likely still be full, but it at least will help making things a bit less worse than how they are right now, which will translate into lower fees.
5100  Bitcoin / Press / Re: [2017-12-27] Hard Fork, Take Two: SegWit2x Will Return Dec. 28, Says Founder on: December 27, 2017, 10:03:27 PM
I would strongly recommend everyone contacts their preferred exchange(s) and ask them to not list this shameless doppelganger, which could well be a complete scam.  

It's of no use. Exchanges nowadays are only interested in scooping up even more trading fees, plus that the first exchanges to list this garbage attract new people because they don't have any other option to dump than there. It's basically a win win situation for the exchanges being the first to list this garbage. It's more or less a situation where they fill up the demand from the general public, and the demand is definitely there when you see how noobs are going absolutely nuts just by the thoughts of their "free" money. Seriously, I haven't even unloaded my Bitcoin Gold coins, which if the price doesn't get pumped extremely at some point, they will never even move because it's simply not worth it. It's too much hassle to move my cold wallet funds and to create plenty of new backups, which is a process that might take hours in total. Bcash (I know Roger doesn't like that term Cheesy) was at least worth dumping at its highly inflated rates.
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