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5661  Bitcoin / Bitcoin Discussion / Re: Blockchain Doesn't Have to Be Perfect on: October 01, 2018, 10:33:39 AM
The blockchain will evolve and developers will create solutions to potential
problems and also to tweak existing issues.

Bitcoin is evolving, Segwit and the Lightning Network are 2 additions to the
bitcoin blockchain.
5662  Bitcoin / Bitcoin Discussion / Re: Uzbekistan Opens Door to Cryptocurrency Exchanges, Offers Tax Benefits on: September 30, 2018, 12:03:12 PM
Good news.
There are some countries looking to move forward with crypto and Uzbekistan
seems to see a future in the technology. Eventhough there will not be revenue
generated from the exchanges turnover there should still be benefits for the
country.
5663  Economy / Economics / Re: Why anyone who invests 5,000$ now in bitcoin will be millionaire by 2025 on: September 29, 2018, 09:31:09 PM
That is not going to be really possible unless you become a trader, if you invest only 5000 in bitcoin and you decide to only hold your coins then you're not going to have a lot of bitcoin in the future, even 5000 does not buy a whole bitcoin right now, however an investment of 5000 at this time could very well give you profits of 10 times your investment if you are willing to wait for 5 to 10 years.
So technically its possible, just be a holder. But the problem is that is really mentally though to just hold on your bitcoins and not doing anything. Plus in 5-10 years you might lost your privatekey so there's a lot that can happen in the future that you can't control. For me a minimum of 2 years is enough so see how it goes and then adjust as time goes by. The next halving will be coming in 2 years so its possible that your bitcoin can exponentially grows prior or after halving.
Becoming a trader or an investor is hard, people seem to have the wrong idea that they will be able to somehow make money in this market and that is going to be easy, and the only thing that is easy in this market is to lose money if you want to earn then you will have to take the hard path and if that means waiting for many years in order to get profits that is what you will have to do.

There are many threads on this forum by people who thought they
could trade and lost out. Because this space is unregulated it is
easier to trade in crypto than other markets.

I agree though about the long term expectations of bitcoin and the
markets now are still low in comparison to where they will be in future.
5664  Bitcoin / Project Development / Re: A Site that Exposes Scams on: September 29, 2018, 08:04:53 PM
How is this going to work?

How will you know that the information you get it true or false and that
its either someone with inside info or others just wanting to slate a project?

Dont get me wrong im all for exposing scams but not at the expebse of
damaging (potentially) legitimate projects.
5665  Bitcoin / Bitcoin Discussion / Re: Satoshi. What did he found to create something like bitcoin? on: September 29, 2018, 07:57:20 PM
Bitcoin is created to correct errors of a centralized system. Cross border fees were altered when bitcoin comes into picture. The anonymity when doing peer-to-peer transactions online. I guess those are the main reasons why satoshi invented this technology but for me satoshi hit 2 birds in just one bullet since his invention blockchain has lots of uses to different business sectors worldwide.

So why the sudden disappearance?
It is not just about the question in the title here.
There is more into the first post of the starter. Stop making non sense like that. Being lazy to read the whole posts of the OP.

Probably he had a great vision and he knew he could have been arrested by authorities to let the world know a different way of currencies. Grin

It was the time when he realised his creation was at the early stages of adoption
with further popularity to follow which would mean bitcoin would be "self sufficient"
without him.

A bit like pushing a car uphill for a while, more and more people join in to get that
car over the hill and finally it reaches the brow of the hill and starts to roll on its
own! It doesnt need to be pushed anymore.
5666  Economy / Speculation / Re: I never held this much bitcoins. on: September 29, 2018, 01:24:09 PM
I jus dump half my investment from stocks into btc. Now I'm fully invested in bitcoin. Before I had invested in bch and it dumped. While I converted to fiat. Long story but I'm still alive after the ath 19k n buying the dip. I thought it was going to 4k. But i guess its a good time to buy now. Best of luck.
Better to see the opportunity on this dip from last year than to feel depressed because you are waiting for long run for price to increase from what you invested. It is good idea to buy more volume at the price it has now because when it increase, it can give good profit and waiting can be worth it. I believe on the potential of bitcoin and as the price down, do not doubt to have mor volume because I know we could not tell what the future will bring.

Yes i agree, these current market prices offer good opportunities to top up the holdings.
I can understand those who want to take advantage like the op and move stocks and
buy more bitcoin.

Ifs about the long term outlook!
5667  Bitcoin / Bitcoin Discussion / Re: how governments can regulate digital currencies? on: September 28, 2018, 10:41:20 PM
So we all know bitcoin itself cannot be regulated, we control our own wallets
and the miners all around the world confirm our transactions.

IMO the only way to regulate this space is to affect the entry and exit points
from and back to FIAT .
So long as FIAT is not used we are safe from regulation or buy bitcoin with cash.
5668  Alternate cryptocurrencies / Altcoin Discussion / Re: Stupid money on: September 27, 2018, 10:52:49 PM
Im sure he is not the only one in this situation, i would say a lot of people
borrowed money to put into ICO's and into Crypto late last year thinking
the values were going to keep rising.

In many peoples eyes there was little risk. That investment saying "only
put in what you can afford to loose" is so relevant.
 
5669  Economy / Economics / Re: Even your fiat is not totally secure! on: September 27, 2018, 08:52:52 PM
You're stating the obvious here, and there's no point even discussing this.

Anything you own, whether it's gold, crypto, cash, or comic books, can get stolen if you don't have proper security measures in place.  That's been known as long as there's been thievery in this world.

I don't even know how the OP got a shred of merit. It is nothing original tbh. He is just stating what is currently continuously happening, although I suggest for the OP to revise the topic and discuss the security of crypto in some other ways rather than those obvious password character limits and such.

What the OP nay be talking about is the fact that we put so much trust in banks
that they can at any time decide not to give our money out when we want it.
Also credit card fraud is easier than crypto hacking.
5670  Bitcoin / Bitcoin Discussion / Re: BITCOIN USAGE EXPERIMENT on: September 27, 2018, 08:36:34 PM
What if bitcoin is actually owned by the US Government, and the name Satoshi is just used to front the currency to make it anonymous, maybe its an underground project to study people's reaction to money or to help them make money in a short while?

I hope its just a language thing and that you dont really mean to use the word "owned".
No one person or organisation can own somerhing as decentralised as bitcoin.

Wallets are encrypted and transactions are confirmed by miners in various parts of the
world, not by a central entity.

It has been mentioned before that the US government or military "created" bitcoin, thats
different than "owning" it.
5671  Bitcoin / Bitcoin Discussion / Re: TOP 10 BITCOIN CITIES IN THE WORLD on: September 27, 2018, 12:24:10 PM
Im a bit surprised TBH that there are in fact business accepting crypto as widely
as the OP states. Is there a list anywhere with those businesses who accept crypto?
5672  Bitcoin / Bitcoin Discussion / Re: CHINA, RUSSIA, USA IN RACE TO USE BLOCKCHAIN FOR MILITARY OPERATIONS on: September 27, 2018, 06:13:03 AM
Is anyone even a little surprised that the military all over the world is looking into blockchain? Whenever a new idea comes along then the military will look at it's impact and will if it shows the promise  they will either buy up the idea or subvert it for their own ends.

I dont think anyone is surprised at all that blockchain technology will be used
by any military because blockchain technology is being used as part of the
current industrial revolution along with other new technologies. I would be
surprised by people being surprised.
5673  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you use diversification? on: September 26, 2018, 10:27:38 PM
Diversification is indeed important as an investment portfolio large and small.
Im not sure diversifying into other crypto is enough though.

Branching out into other areas which dont have a relationship with your other
holdings is important. A rough example would be Gold, Property, collectables,
Company shares, also consider mixing high rish high return investment with
long term investment. Basically widen the portfolio.
5674  Bitcoin / Bitcoin Discussion / Re: I went bankrupt when I joined in cryptocurrency on: September 26, 2018, 08:50:42 PM
The beauty and trouble with crypto is that anyone can put in as much or as little
as they want at any time. There are warnings posted on this forum which are
timeless, one of which is never invest what you cannot afford to loose

Its hard to hold a loss but in time the bitcoin holding will be a positive result.
As llng as you still hold you havent lost IMO.
5675  Economy / Speculation / Re: When Bitcoin 100 000? on: September 26, 2018, 08:28:35 PM
It all sounds good and statistics can work in certain situations and for some
calculations but there is a factor which cannot be calculated, human emotions!

I believe there will be further adoption in time but anything can happen.
5676  Bitcoin / Bitcoin Discussion / Re: EXPECTATION Vs. REALITY Bitcoin in the Eyes of the People! on: September 26, 2018, 06:41:43 AM
well at some point people started advertising bitcoin as "to the moon", "HODL", and stuff like that and then price went up too fast and too big like it usually does so we ended up with a large number of people who were only interested in making profit (when to buy and when to sell).
i don't think it is necessarily a bad thing. people who started like that can eventually see the real potential of bitcoin as the decentralized currency and see the other side of the coin to.

Good points made IMO.
Bitcoins volatility really did attract a lot of "investment" in 2017, so much so
that the frenzy pushed the value up to $20k. A lot of those have cashed out
but there is still big interest in bitcoin from those still in and those looking in
and waiting for their next opportunity.
5677  Economy / Economics / Re: Google is ending its sweeping ban on cryptocurrency-related advertising. on: September 25, 2018, 08:17:54 PM
I have mixed feelings.

On one hand i think it wont matter much other than more revenue for google.
Crypto will continue on with or without google ads because there are other
places online people get their crypto  info.

On the other hand the fact that google will only accept regulated sites advertise
means less people will be subjected to scam sites and will get the impression
the crypto space is cleaner and safer.

Its a tough one to call really
5678  Other / Beginners & Help / Re: Have you checked on bitcoin price as many times as I do? on: September 25, 2018, 12:13:59 PM
When i used to day trade i would check the markets that many times in a day
but now i dont bother. I wont be selling my bitcoin based on the FIAT price
even if it goes to $50k.

I only spend bitcoin when i need to buy something, the majority is held longterm.
5679  Bitcoin / Bitcoin Discussion / Re: Art Exhibition in Paris to Celebrate Bitcoin’s Tenth Birthday on: September 24, 2018, 06:25:56 AM
This sounds great. Some of the work on the website is fantastic, some i have
seen before and some is new to me. It shows bitcoin has captured the imagination
of artists around the world (including myself). This exhibition will also increase
the awareness of others to bitcoin.
5680  Economy / Economics / Re: Entrepreneurship is the only way out on: September 23, 2018, 09:53:54 PM
Its too simple to say everyone should be an entrepreneur, there will always have
to be employees and job seekers, without them an entrepreneur would stay only
as a "one man band."

Becoming an entrepreneur is not for everyone and there are a lot of considerations
to be mindful of, start up capital, a plan, marketing, cash flow, expansion being only
a few and of course not everyone has the ruthlessness, sacrifice and commitment
to be successful.

It is a governments interest to create employment, it generates revenue and prevents
a lot of social problems. There are many countries around the world where governments
create incentives to attract companies who are willing to create employment.
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