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5321  Economy / Scam Accusations / Re: Yobit scammed his clients - no withdrawal - no support - no nothing on: April 06, 2017, 11:41:29 AM
The admin of the YoBit exchange is YoBit on here as well, and is reasonably active so you could always contact them.

YoBit is shit but they're legit, I'm 98% sure that you'll get your coins eventually.
5322  Economy / Service Discussion / Re: Any such service like the freebitco.in website investment? on: April 06, 2017, 11:36:12 AM
No.

Freebitco.in is a trusted faucet running for a long time.  But still we can say that putting your money with them isn't worth it.  What are the chances that a Bitcoin company like that, which seems pretty desperate for money as it is, is going to last more than 100 / 4.08 = 24.5 years continuously giving you these returns?  Looks to me pretty close to zero, and any investment, even in casino bankrolls, is safer in itself just because you can diversify.  

And if you're just talking about other groups' rates, you're talking about 2.5% on most of the major ones.  Not that that money is safe either, it's basically an online wallet with a service that's messing around with your money and could fail or even turn into a scam.
5323  Bitcoin / Press / Re: [2017-04-06] Does Regulation Slow Down or Accelerate Adoption? on: April 06, 2017, 11:20:37 AM
The link comes up with an error when you try to open it.

Regulation could do either, depending on how governments act in their regulation.  For example, recently many people have been talking about new laws in Japan giving Bitcoin recognition by acknowledging that it has features of a currency (a move that most other countries are yet to take, generally having unclear stances or regarding it as an asset).  However, the law's actual practical purpose is introducing regulation on exchanges and making users of Bitcoin more open to the government to regulate (as it is now legitimised by them).  This law seems to be accelerating adoption though.

In other cases regulation may slow it down, like China's plans to regulate Bitcoin exchanges closely.  So my point is that it's mostly based around how governments phrase it, rather than what they actually do.
5324  Economy / Trading Discussion / Re: Bitcoin Trading Bots while you sleep on: April 06, 2017, 11:11:18 AM
Would you use a Bitcoin trading bot instead of you?
This is a common fallacy related to bot trading.  A bot on an exchange never acts instead of you, it acts as your servant.  Gunbot and C.A.T (the main bots on the forum, the former being on Poloniex and the latter on exchanges of your choice), make you set how you want them to run.  You choose the best trading pair (a currency with a chart that goes up and down consistently, no pump/dumps as it's a day trading bot), then you choose the variation of price that you want it to allow before buying and selling (so it'll automatically place orders for you) and then it's ready to go.  If you actually want it to be profitable you have to check the charts every day and consider changing these parameters and the instructions of the bot.  You also have to be prepared to take your money out of the currency if it's looking bad, or shut down the bot and trade manually in certain situations, if you want to profit.
5325  Economy / Speculation / Re: YORK's price prediction topic. on: April 06, 2017, 07:10:04 AM
I told you guys. Its not too late to join ETC (ethereum classic) moontrain. Get in, we are going apeshit high, very very high this year!
Thank me later.
York has got you covered once again
Seems an odd choice to go with a forked coin.  Still, Ethereum has a lot more exposure since the recent pump, so maybe it's time for it to get some competition.  

That's quite an arrogant way to look at it though.  You shouldn't assume that it's going to go as high as it possibly could, especially when altcoins can get huge dumps at nearly any time.
5326  Economy / Trading Discussion / Re: Gunbot trading bot on: April 06, 2017, 07:02:07 AM
using a bot is not the only way of making money and it certainly is not an easy or guaranteed way of making profit while trading.
in my opinion if you have no trading experience then buying a bot is throwing your money out the window.

and besides in trading you can always do things manually, take a position and spread your buy orders, then decide on a profit and start putting up some sell orders. if your speculation of the market is good enough you will make money easily like this. and if not no amount of bot will help you.
I suppose this is a bit late for the thread but since someone else wants to know, I disagree.  I actually haven't bought a license, but Gunthar gives a very reasonable explanation for it.  All the bot does is make very quick decisions based on parameters you set (how much change there should be, what currencies to trade between, etc).  It is not trying to be a substitute for real trading l, but it can be effective as an aid to real trading.
5327  Bitcoin / Bitcoin Discussion / Re: I just switched to running a Bitcoin Unlimited node on: April 06, 2017, 06:56:33 AM
I'm not saying that the Core team is not attempting to reconcile the two sides.  

You literally did say that, and also that the Core team both began and perpetuated the conflict.
Actually, he said that they had failed, not that they were not trying (and he was objectively correct, as a consensus has not been reached).  His points about division were clearly addressed to you and to others who are divisive and close-minded (for example, arguing with a fascist does not make you one).

Quote
It's so simple, you decided to tell a lie, and used your reputation to sell the lie. You're a liar and a manipulator.
Objective truth.  And this seems like a creative insult to me.  Your repeated use of the term "liar" and attempts to discredit Danny are unhelpful (and I hope this is addressing your "clever editorial decisions" "like a man").
5328  Bitcoin / Bitcoin Discussion / Re: It's NOT the Miners. It's NOT the Developers. USERS will decide the winner.. ;) on: April 05, 2017, 01:39:29 PM
This only actually applies in the event of a hard fork.  If a hard fork happens, then we'll have the clear lines drawn up between different camps to make our decision.  Right now, our only real power is our potential power in the future (if the BU camp knows that no users will use the new coin, they would mostly give up).  

Right now, the miners have the power.  Ironically, while BU supposedly wants to give miners power, we could take it all away from them if a fork actually happened and go back to BTC from BTU.
5329  Economy / Speculation / Re: YORK's price prediction topic. on: April 05, 2017, 01:07:39 PM
SegWit2MB will be the solution for the scaling problem and that we will have SegWit and a hardfork this year.
Just to clarify, the two are pretty much mutually exclusive.  SegWit doesn't have a change that requires a hard fork so if it's​ chosen there won't be one.
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Ayway with all those people who have lost their money on exchanges i still dont know why you guys are using them.
I'd say it's okay to keep some of your Bitcoin on exchanges for trading, which is the main use of the speculation section.  If a hard fork were imminent I would take it off straight away though.
Quote
Use altcoins to buy bitcoin when the new trend is clear at the end of april.
What stable alts do you suggest? Alts like ETH and DASH were at least partially pumped it seems (falling now), and Litecoin is uncertain now as well.  Monero or something?  Any ideas? (Don't suggest ones that will "moon soon" those are always the riskiest even if they're good).

If you're posting about altcoins only in relation to Bitcoin, it's fine on the Bitcoin section.
5330  Economy / Exchanges / Re: Class action lawsuit for Poloniex on: April 05, 2017, 12:55:57 PM
A class action law suit would be stupid.  All of their actions have been 100% legal.

What you should do is consider arguing less aggressively for other exchanges, especially when other people ask for a good exchange to trade on.  Unfortunately, I still think Poloniex is the best altcoin exchange with serious trading volume (and the pumps are insane with all the bots).
5331  Other / Beginners & Help / Re: need guide on: April 05, 2017, 12:50:28 PM
We can't instantly.

You're probably thinking about a signature campaign - these are when a company decides to pay users for posting while having their advertisement in the users' signature (such as mine, Bitmixer).

I would recommend that you don't participate in these until you begin to have a better understanding of Bitcoin and you read a lot on the forum.  Most campaigns won't or will seldom accept newbies anyway, so you'll have to wait and build up activity (posts, but you can only gain 14 per two weeks), before considering joining.  Also note that if you spam in the campaign, you may be locked out and added to the Signature Managers Against Spam (SMAS) list.

You can also participate in giveaways in the Games and Rounds section and offer your services in the Services section of the marketplace (where signature campaigns are located) to earn a reasonable amount of Bitcoin.  Make sure to read all the necessary threads before posting so that your account doesn't get labelled as a potential scammer.

Good luck.
5332  Bitcoin / Mining / Re: Statistics about past mining profitability on: April 05, 2017, 12:42:12 PM
The S9 was definitely the most efficient miner, Avalon have been lagging behind a lot in terms of energy efficiency (although the actual hash rate to cost has been pretty good) so for electricity bills that cost anything you should go with Bitmain.
5333  Bitcoin / Press / Re: [2017-04-05] Bitcoin to Be Accepted at 260,000 Stores in Japan by This Summer on: April 05, 2017, 12:39:54 PM
In God I Trust


One of the greatest news I've heard in 2017 so far, but suddenly my happiness turned into sorrow when I remembered the max transactions per second that network of miners can effectively process is 3-5 and what will happen 1 year from now if we are still with no working solution and there will be demand for 25 transactions per second and growing exponentially?
BU needs to drop the childish actions such as spamming the network all the time to force the public to switch and support their hard fork and let the SW activates then LN should come in play  because clearly the world is signalling that they want to use bitcoin. (Japan being an advanced country with technological capabilities in support of using the bitcoin payment method and other countries will definitely follow).
Actually I disagree, because SegWit also won't reach a consensus quickly at all.

There's an attitude of just hard forking and moving on later, as if a hard fork wouldn't be damaging and dividing to a very well established coin - not to mention that SegWit is much better as a temporary solution (no need for a HF, effective block size increase within reason, potential for LN in the future which BU doesn't have).

What's even more important is that Bitcoin wallets are accessible and the concept is obvious to the lay man.  I think this is underestimated - people don't have to know everything but when it's gradually being adopted it has to be even more obvious, so that hopefully it will be used more in these retailers.
5334  Economy / Economics / Re: Is GoldMoney.com safe to trade gold? on: April 05, 2017, 10:15:38 AM
Not sure exactly how safe it is as an actual investment, but they're nearly definitely legit (can never be totally sure with these things, but people on the forum have been selling Goldmoney accounts before and it looks like people genuinely do trust them with their money).  They're also listed on the Toronto stock exchange and have a market cap of hundreds of millions of dollars, so they're definitely not out to get a quick buck by stealing your money.
5335  Economy / Economics / Re: What is the big things on social media that can be relate with bitcoin? on: April 05, 2017, 10:08:46 AM
What is the big things on social media that relate with bitcoin?
When we talk about social media, we talk about a business area with massive market and users with unique needs. So I think that would be nice when we can spread out bitcoin to inform the whole world about this alternative internet payment on social media platforms.
Share your opinion about what we can do on social media platforms to make(push) peoples to be interested​ in using bitcoin.

Biggest thing would be something like tipping content creators and changetip had the right idea for a while.  The tipping systems need to be built right into platforms like youtube etc.  People hate adverts on youtube and would glady tip a little to remove them.
Obviously a large amount of the revenue from YouTube adverts will go to Google as well as the content creators, and tip buttons would have to be in addition to the choice that content creators have to add adverts (but it's still a good idea, Bitcoin is ideal for this especially since no confirmations are needed for a few days after sending a tip).

An important thing to do with Bitcoin on social media is to show the simplicity of shopping with it.  You grab something, scan the Bitcoin address with your phone, hit send and you're done.  The simpler people make it appear the better it will be for the masses.  "Everything should be made as simple as possible, but not simpler".
5336  Economy / Speculation / Re: Bitcoin AND the Altcoins are moving up.. Pushing ATH's for global CC markets.. on: April 04, 2017, 05:40:34 AM
it's recovering a little, but yes, most of the new money in crypto is moving into altcoins, so that's quite a bad sign for bitcoin since it's a sign people trust altcoins more than bitcoins.   

And it's also a sign that if we stay in our current direction, bitcoin won't remain the market leader for long.

Action is required right now or else we lose our advantage over altcoins.
Altcoins are good for the Bitcoin economy as they encourage development and people often even buy into altcoins to increase their stake in Bitcoin.  Litecoin, for example, has risen significantly recently and rightly so as it's well on its way to SegWit activation.  People shouldn't be afraid of altcoins, the shit ones like DASH will die off as they already are and coins like ETH are mostly just being pumped (even ETH is starting to fall now).

Bitcoin is now on an uptrend and the hype about altcoins taking over should be dead.
5337  Bitcoin / Bitcoin Discussion / Re: Block issue SOLVED!? Extension Blocks on: April 04, 2017, 04:56:24 AM
I say HF to 2mb NOW and that will buy us some time while
extension blocks are researched.
Nice try.  SegWit has an effective block size of 2mb anyway, and doesn't require a hard fork which would cause the price to tumble in the short term at least and be detrimental to the network (especially with continued opposition from any major Core supporters).
5338  Bitcoin / Mining / Re: About to start mining - how will hardfork affect me?? on: April 04, 2017, 04:49:49 AM
I have read that if you have 10BTC you would also have 10BTU??
Im confused about how this would affect the difficulty?
Would I be mining BTC or BTU?
Yep, however much BTC you have you would have an equal amount of BTU.  The difficulty will be affected based on how many people are mining each chain and we can't predict this outcome (or what exactly the price would be of each strain or whether it's profitable).
Quote
Do i choose? Does the pool choose?
You choose, but the pool is deciding whether to support the hard fork - so if you're mining in a pool that supports it, your miner will be contributing to it happening and it is likely that the pool would be a pool for BTU in the future (you could always join a BTC pool).
Quote
Stores that currently accept bitcoin - would they still take bitcoin? Would they take bitcoin unlimited? Are they the same? Does one supersede the other? Is it just like an additional coin like an altcoin?
Stores that accept Bitcoin would take whatever they choose.  I doubt that any small merchants would take BTU and I think most will stick with BTC, but that's just my opinion.

They aren't the same but they are based on the same thing to put it lightly, so BTU would kind of be a development of BTC which supports bigger blocks/miners choosing to change the block size at will (which I disagree with).  Some people say it's an altcoin as it is a separate coin from BTC which is mined separately, but it isn't, of course, the same as an altcoin as it has to be supported by a large amount (over half and most likely over 75%) of the hash rate (computing power for mining).

I hope that was clear enough.  Don't worry though, it might not happen at all.
5339  Bitcoin / Bitcoin Discussion / Re: is BU an attack on Bitcoin? on: April 03, 2017, 09:55:12 AM
Well the concept of BU goes against that of bitcoin - at least in practise.
With BU, you rely on some giants with their own nodes in order to transact.
Originally there was no need to depend on ANYONE but BU says no, please rely on these giants to make transactions faster... or whatever it is they really are after.
The bilderbergs don't want an economy they can't influence.

might be worth you taking a non biased look at cores TIER network plan
words to look into
"upstream filter"
"bypassing consensus by going soft"
"DCG funding cartel(bilderberg)"

then look at who is setting the deadlines, mandatory activations, making the PoW nukes, begging other implementations to bilaterally split

all while the reality shows if the dynamic implementations wanted to controversially split. they would have done so sometime over the last 2 years..
yet the dynamic implementations just plod along with no threats no ban hammers no deadlines.. offering a free open choice that only activates with consensus.
yep no bypassing.

remember only core gave pools the only vote(going soft). so pools gave miners control over segwit. not the other implementation proposals.

I think you forget that BU isn't the current development team.  If they were, you could be sure that they would be equally nasty if not nastier than Core.  They can't do a mandatory activation without having the power to do so - however nice they try to look, they're still propped up by the likes of Roger Ver, Jihan Wu etc and acting like BU is some grassroots movement isn't considering the reality of Bitcoin centralisation.
5340  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 03, 2017, 09:40:39 AM
Since we didnt see any retrace over the weekend, I wouldnt be suprised at all, if bull trap awaited us during tommorrow or day after that. It wouldnt be the first time we decide to take a plunge on monday...

Looks like indeed we have a correction going.

It could go up, down, or sideways. Some posters here are saying it will go up, others are saying it will go down, but nobody's saying it will go sideways. As the minority is usually right I'll speculate on it going sideways.
Spot on.  It's been near sideways for a good couple of days with a slight uptrend and I would say that bulls and bears have pretty equal strength right now.  Even the slight fall of ETH and extreme fall of DASH and other altcoins won't stop the FUD and the high fees/confirmation times.
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