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61  Bitcoin / Bitcoin Discussion / Re: Bitcoin will be junk/trash after ban in 2 big countries on: June 16, 2019, 04:57:49 PM
Bitcoin got banned in India and China so Bitcoin is worthless in these 2 countries. People of India will lose $10,000 or $100,000 if they do not get buyers in other countries at $7000.

But who will buy 1 Bitcoin for $7000 ??  Grin  Insider's Information for Gold and Silver

Bollywood superstar "Amitabh Bachchan" earned multi-million dollars by starting a Bitcoin company.

Wait a minute, where did you get this information? Even if bitcoin is banned in both countries, I'm still not sure that Bitcoin will reach a decline to that level. Banned is more about using bitcoin as a means of payment (usually the case is like that) so that ownership of bitcoin can still be allowed.

And also what kind of Bitcoin company is that ? i mean the purpose of that company run for ?
62  Bitcoin / Bitcoin Discussion / Re: Bitcoin bull run due to Binance no longer serving US customers? on: June 16, 2019, 04:24:48 PM
Happy Sunday everyone!

I just came across this one: https://www.newsbtc.com/2019/06/15/bitcoin-price-jumps-above-8700-following-binance-us-closure/

Now we are sitting at $9,091 after breaching around $9,300 a few hours ago. Following the announcement of Binance not serving US customers anymore, is it possible that this is one of the reasons that made Bitcoin’s price go up as much as $9,300.

I know that this news isn’t the only factor that made Bitcoin’s price go up, but could this be a major reason nowadays?

I would love to hear some thoughts or opinions from the community regarding this one. No matter if it’s positive or negative, I would highly appreciate it. Cheers!

P.S. If I were a US customer, it’s not gonna impact me that much because there are lots of exchanges in the market, especially DEXs.

I think news like this doesn't really have a big impact in the future, it's just that maybe Binance gave previlige specifically for users from US.
After all, this also means that US citizens have the opportunity to use crypto again here. But it seems that if only US citizens are in it, that means later trading volume can also be smaller than Binance's global market,
63  Economy / Economics / Re: Crypto Scams are a global issue on: June 16, 2019, 03:52:36 PM
Now that crypto is allowing us to transact globally I am questioning if we are going  to start to see more scams happen between countries. Do we need more compliance companies to step in to help major scams and illegal trafficking?

Full report: https://ciphertrace.com/articles/q1-2019-cryptocurrency-anti-money-laundering-report/

The scams in my opinion will still be there and this will still be difficult to eliminate completely because some of the things in crypto also seem to support that as well as anonymity itself. This makes some identities to trace these frauds difficult and ambiguous
64  Economy / Trading Discussion / Re: What exchanges support Stop Loss Limit? on: June 16, 2019, 03:29:34 PM
Now there are enough exchanges that use stop-loss features, Binance and Bittrex as far as I know, have been installed stop-loss.
it's better to avoid relying on the use of features like this, the price can also sometimes bounce back up after touching the stop-limit price. and that can be frustrating.
65  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Pump and Dumps on: June 15, 2019, 11:11:23 PM
im new to this and Im wondering about these pump and dump channels on Discord
Is this just a scam or is it possible to take advantage of a pump?
Why are over 100.000 sitting in these channels if this is a scam?
please send meg your experience of this

Whether newbie or not, it would be better if you avoid this group group, 90% Pump & Dump was not done by those who want to get profits like this, because in addition to requiring Internet speed and response, in the end it is also inferior to those who use some kind of BOT. Those channel just want your registration money.
66  Alternate cryptocurrencies / Altcoin Discussion / Re: hardware wallets safe? on: June 14, 2019, 05:59:54 PM
it is the safest but also the majority of people are still not easy to get goods because the selling and aftersales prices are quite far, and also the desktop wallet is easier because of its flexibility.
67  Economy / Economics / Re: Your Source of Investment Money? on: June 14, 2019, 04:11:39 PM
All of my experience about investing money since the time the HYIP was successful always ended with cheating, so I decided not to reinvest what I got.
The source of how can I have crypto assets of course in a free way like joining several campaigns and free coins. And sure enough, when I first used it to invest it was repeated up to now, what I've got is never used again for investment. So my source just from recent activities in this forum and never invest it even though I can do it.

68  Economy / Exchanges / Re: Binance to block US customers on: June 14, 2019, 04:06:28 PM
It seems like there are a lot of misunderstandings here, I also heard this information because Binance is developing for a special exchange for USA residents.
Approximately within 3 months. Just join the telegram group (https://t.me/binanceexchange) and search for the keyword "Binance.us"
69  Economy / Trading Discussion / Re: Day trading! The good the bad and the ugly on: June 12, 2019, 04:26:39 PM
You need to have some consistency as a day trader to maximize your profit.
This is the best way of trading to increase your income in short term, but you need to have some proper knowledge and skills to make you consistent.

This is a high risk trading activity, but this can also give better reward compared to long term trading, you have to know your capability first if you can be a profitable trader. The title of your thread " bad and the ugly" are only for those who are not successful, you are the one who dictate your future here.

Though this is a day trading, this is not a short term journey, you need to practice more to be consistent and then with consistency, that would make you successful in the long run, which would make you consistently profitable and will enjoy an ultimate success.

Usually the day traders who just know how to do it are immediately greedy with the profits earned. Even though the risk is greater. Actually, if you really want to become a daily trader, chart analysis skills must be a top priority.
70  Economy / Economics / Re: What’s the SINGLE most valuable benefit for you in Bitcoin and why? on: June 12, 2019, 03:04:03 PM


Aside from the fact that it is a very valuable and proven to be very profitable investment vehicle, bitcoin can makes payment seamless and fast even if one is located in the other half of the globe. I know there can be maybe a faster way to send payment but with bitcoin we are not anymore dealing with financial intermediaries like banks or remittance centers. I know there are also alts that maybe better than bitcoin but since they are not as popular or pervasive as bitcoin they are not called alts for nothing. Now, to make things a little bit romantic, bitcoin is putting the control and freedom right into our fingertips -- something that the government monopolized before.

Yes, and also if we compare Bitcoin compared to alt which might win in transaction speed and also fee, this can be covered with more stable bitcoin prices and also better recovery prices. I like how to implement crypto without a median, you only need a wallet and some time to confirm and everything is transparent
71  Bitcoin / Bitcoin Discussion / Re: Where can I pay with Bitcoin? on: June 11, 2019, 05:22:42 PM
Soooo... any other places where I can shop with BTC aside from these five? https://cryptotradernews.com/insights/5-places-where-you-can-pay-with-bitcoin/

Would love to transition all of my family expenses to crypto!

Thanks in advance!

That site list gyft, on gyft you can get ebay cards, they used to have amazon cards not sure why they stopped, you can get pretty much anything on ebay though.

https://www.coindesk.com/canadian-municipality-set-to-accept-bitcoin-for-property-tax-payments if you lived in Canada in that city you could pay your taxes with btc.

Also check out this store https://bitswift.shop/ ask the shop owner Paul if he will accept your btc or altcoin of choice as payment if it used on a major exchange I am sure he would accept any mainstream coin.
https://bitswift.shop/tools/mps/product-category/Desktop+Computers you can get a gaming computer if you want.
https://bitswift.shop/tools/mps/product-category/Notebooks or check out some notebooks.

I think he was accepting btc, ltc, ardr, bits, cdn-ecoin, ignis and a few others at one point.

Wow actually like this is the website that I need, unfortunately I just found out now when I don't need computer components. But it seems pretty good for future reference.
Have you used it yourself? How about shipment and other service like warranty ?
72  Bitcoin / Bitcoin Discussion / Re: Whales are out of control = $500 in ten minutes on: June 11, 2019, 05:04:31 PM
Time to do something about the few whales who keep cheating everyone out of their life savings. 

Let's do a fork and take anything over 10BTC away from those big addresses and redistribute it fairly to everyone.  It is ridiculous and totally ruining everything when one person has 1000s and can mess up the order book on a major exchange.  Where is the fairness in bitcoin? 

We have to end the whales who are out of control. 

This is what we call luck. Some of these whales are actually just lucky to be able to get the bitcoin at a cheaper price. whereas we only see how the results are now. From the beginning, bitcoin is there not all things cheap? then now that everyone is fighting over Bitcoin and the price goes up, you call them unfair? Their yearly time spend are worth for now.
73  Bitcoin / Bitcoin Discussion / Re: wait, who owns the market? on: June 11, 2019, 02:27:33 PM
Nobody owns bitcoin or the market. However the market is easily manipulated in bitcoin, due to lack of regulations.

Whales, exchanges.... they are manipulating. Don´t you remember Bcash drama in 2017, when bitcoin price was heavily manipulated?

I doubt bitcoin would stop being manipulated with regulations in place, regulations will never be able to stop manipulation, the same manipulation happens in classic assets too, even dollars or euros, the biggest difference, I believe, is the volume and liquidity of the other ones compared to bitcoin. It doesn't take a lot of bitcoins to be able to manipulate the market heavily, however it does take a lot of euros to ever crash the eur/dollar market for example.

However it's hard to stope everything in this crypto from being manipulated, it's not about regulation, even refulation didn't affect to any manipulation activities. We know that whales are the only one who can did it right ? So i think it will stop if we found whole whales and make previlige to them about the control of Bitcoin itself.
74  Economy / Speculation / Re: Is 1 Bitcoin equal to half million USD? on: June 08, 2019, 11:32:28 PM
So I was thinking.
According to Google, the 2013 estimates of total m2 money supply in US was 10.5 trillion. So if I owned 1 usd today that would be a so a very small percentage of the total number, yes?
But I can own 1 bitcoin today and that means I can own 0.0000048% of total btc supply..

If you think about it, 0.0000048% of total US m2 money would be 504,000 usd.. half a million

So can we say that 1 Btc = $500,000?

Lets discuss..

No, in my opinion the calculation is not that simple, Bitcoin has a supply and while the USD does not. the government is running out of usd, they just have to reprint, and this is why we can't compare these two things in this way. on the other hand, interest, USD has a higher interest than crypto at the moment.
75  Alternate cryptocurrencies / Altcoin Discussion / Re: Who watches the watchman? on: June 08, 2019, 11:28:16 PM
Let's start with KYC,  this ICO project developer's will launch a project and state that they want to remain unknown whiles they forced KYC on both the investors and bounty hunters.

The big question should KYC be mandatory for everyone... 

Will the anonymous goals be achieved with KYC?

No, the KYC system should not exist, and the reason for money laundering is what I think is bullshit, if participants have to do KYC, it should also apply to CEOs and team members. That will be fair.

Nope, no KYC is already anonymous, by doing on KYC, we just reveal ourselves to them.
76  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is BNB the new ETH killer on: June 08, 2019, 04:27:37 PM
Edit: While the topic may confuse some, I'm not talking about on a product level, I'm more concerned about the price actions. Like it or not, most cryptocurrencies lack utility, to say the least; still, their price actions have been impressive, and for now, the easiest way to know the healthy states of cryptocurrencies in comparison with one another is through market capitalization (whether or not wash trades are involved), else we won't be talking about 'moons', 'bulls' and 'bears'.

Since Binance has IEO and make sure people need to have some BNB, it seems this is the time that BNB is very useful, the feedback is BNB is very great to gain some price.
Not only when there's IEO come for Binance, even as a daily, the price mostly remains stable
77  Economy / Trading Discussion / Re: How do you get your daily overview of the market?? on: June 08, 2019, 12:33:57 PM
In the morning i am just quick looking at Coinbase prices for Bitcoin.  Is there another better way to get a feel for what direction everything is going for starting the rest of the day??

For me ?
Just make it a very hard way to access your account and i'm sure you will be less to just wake up and check all your portofolio. Instal the authentication and email in a different E-mail.
78  Economy / Trading Discussion / Re: What was it like switching from crypto-currency exchanges to FOREX? on: June 06, 2019, 06:16:09 PM
My experience with trading is limited to the crypto-currency exchanges. I have not used FOREX yet but it interests me to learn?

Questions:
How was the transition?
Is FOREX harder to profit from?
Is it best to focus on one market and not two?
Is FOREX safer from hacks?
How long should you practice at FOREX before putting money on the line?
Is learning FOREX a good backup plan in case the crypto-currency market becomes unstable?

So, I have never been in the Forex world before but some of these things might be a reference for you.

- Trading in forex is not difficult, not if you use a demo account, but it can change when using a real account.
- In forex, on average they prefer one market only. One time trading and one market only.
- About hacking I was not aware of this, it seemed safe but the possibility of scam was greater
- Yup, everything in forex can be a good reference for later
79  Bitcoin / Bitcoin Discussion / Re: Blockchain for voting on: June 06, 2019, 05:18:14 PM
Does any country use blockchain for election or voting? I know there are many countries who afraid of implementing blockchain into its sytem because then everything will be clear. If voting systems are created on the basis of blockchain technologies, then it is possible and possible to obtain reliable voting results without falsification. All the same, the blockchain is precisely created so that it cannot be changed from the outside, and in order to ensure complete security and confidentiality of data. It would be interesting to participate in the elections via the online voting platform.

No, i've never seen any country use this for their election, maybe they won't even use it, you know it's not that politics is hard. maybe it should be admitted that election requires transparency but the blockchain is not a solution to various problems. If any government know how transparency blockchain is, they wouldn't recommend this to the election. They afraid not being elected again.
80  Other / Beginners & Help / Re: How to explain blockchain/Bitcoin to millennials on: June 06, 2019, 04:12:13 PM
Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy?  Anybody can give me some tips and answer for this?

Would appreciate it.

The blockchain is a server network,where every transaction gets confirmed by every server,which is a part of that network.This is the most stupidly simple explanation(it might not be 100% accurate) that came up in my mind.

No, its not the same. Blockchain has no server. That's why they called it Decentralized.
The value of decentralized control is that it eliminates the risks of centralized control. With a centralized database, anybody with sufficient access to that system can destroy or corrupt the data within. This makes users dependent on the administrators.

https://www.coindesk.com/information/what-is-the-difference-blockchain-and-database
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