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601  Local / India / Re: bitcoin gambling in India on: August 30, 2016, 03:24:42 AM
Yes, skill not chance is allowed in theory. But not sure what our legislators will make of the crypto layer being introduced on top of the gambling layer. May just be too much to handle in one go Smiley
602  Alternate cryptocurrencies / Altcoin Discussion / Re: The DAO was a total failure, but a more robust one could emerge on: August 30, 2016, 03:22:12 AM
Agreed, the idea that the holders of the tokens can also fund innovation at the app layer natively as an opt-in is an extremely powerful idea whose time will come once the kinks are ironed out
603  Economy / Economics / Re: What percentage of people on Earth will own Bitcoin by 2020 on: August 29, 2016, 05:11:06 PM
I think we will barely touch ~ 1% of humanity by 2020.
My sense is that we will still be in the 50mn to 100mn range over the next few years.
604  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETC rising to 0.01btc ? on: August 29, 2016, 04:22:12 PM
I am down ~ 10% on a bag of ETC that I picked up. Where do you guys think ETC is gonna go from here in the near term? Keep hearing there is good news in the offing, but nothing concrete so wondering if that's BS or not?
605  Local / India / Re: bitcoin gambling in India on: August 29, 2016, 12:24:34 PM
Well, let's be clear. If you are an India resident and gambling with BTC or otherwise on online betting sites, even ones hq'ed abroad, you are in breach of Indian law and can be punished. Gamble at your own risk. A VPN is advisable.
606  Alternate cryptocurrencies / Altcoin Discussion / Re: $50,000 to invest! What would you do? on: August 29, 2016, 12:09:32 PM
I would invest it all in BTC, and move between 25% to 50% in Z-cash when it launches over a period of time. That will be one stellar long term portfolio to hold!
607  Alternate cryptocurrencies / Altcoin Discussion / Re: Synereo - Earn Money Using Social Media on: August 29, 2016, 11:50:00 AM
How much of synereo's price rise is attributable to Steemit's travails at the moment vs actual substantive decentralised tech build-out at Synereo itself?
608  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Monero replace Bitcoin soon? on: August 29, 2016, 05:43:15 AM
Monero is clearly being pumped right now by folks who intend to switch to Z-Cash when it launches. Not saying Monero lacks merit, just that it's more fun and games than anything else at the moment. The vol is attractive as well.
609  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Lisk Price Discussion on: August 29, 2016, 05:39:58 AM
Once Lisk gets past the current price attacks, the path may be open to $1 in the near term. Definitely lagged some of the other alts, so there is a clear path for a fast up move.
610  Other / Archival / Re: Which one is better for bitcoin future? Mass adoption or huge price increase? on: August 29, 2016, 05:31:09 AM
My sense is that unless the price breaches a certain level, a lot of the apps that would drive real mass adoption will remain unviable. In that sense, we may need a massive price move first.
611  Local / India / Re: Growbtc.in is scam on: August 28, 2016, 04:53:51 PM
No offence, but if you deposit coin in schemes promising 10% daily payoffs which are clearly unrealistic and spivvy, you are to blame for what happens. In the crypto world, you are solely responsible for your decisions, and must never give up control of your coins.
612  Bitcoin / Bitcoin Discussion / Re: NEver keep all your coins on an exchange on: August 28, 2016, 04:44:16 PM
That's why decentralised initiatives like shapeshift and bitsquare are so important, and need to thrive and survive. I literally moved coin a off Gox a week before it went down. Talk about luck. Never again.
613  Other / Off-topic / Re: If Bitcoin price would fall to the bottom, what would you do next? on: August 25, 2016, 08:38:20 AM
No, crypto currencies are the future even if BTC maybe, maybe, just may be not the final version. I would keep the faith and invest what I could in what I thought the new primary p2p network was.
614  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin exchange on: August 25, 2016, 08:16:17 AM
I use bittrex and occasionally poloniex to trade. One great resource for novice alt traders is:
http://alunacrypto.blogspot.in/2016/03/bitcoin-altcoins-trading-complete-guide-cryptocurrency-tutorial-trading-strategy-fundamental-analysis-technical-analysis.html
615  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: August 25, 2016, 06:54:59 AM
If you use an encrypted BTC-qt wallet or have paperwallets that were created in an offline mode, you will have control over your financial destiny in a way not imaginable or possible under the fiat financial system. It's a complete no-brainer for me.
616  Alternate cryptocurrencies / Altcoin Discussion / Re: What will be the next $1 Billion Blockchain? on: August 25, 2016, 05:21:25 AM
I am pretty bullish on Z-Cash joining the $1bn market cap list by the end of 2017.
Monero also has good potential to get there.
617  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core version 0.13.0 Released on: August 23, 2016, 06:18:25 PM
SegWit, HD wallets, compact signatures - this version is packed with features that can completely take BTC adoption to the next level. This combined with the clearing of the miner BTC hoard should help fuel the next price upswing in a few weeks. Cannot wait!
618  Other / Meta / Re: CONFLICT Of Interest Benson Samuel on: August 23, 2016, 06:14:40 PM
I think Benson is doing an amazing job moderating the Indian board. For several years now.
It is a potential conflict, but so long as it is known, I don't see an issue. I have never seen Benson suppress or push anything for his own advantage or to denigrate competitors.
619  Local / India / Re: Do you think the Price of Bitcoin will rise? on: August 23, 2016, 04:09:25 PM
My sense is that we will see a $750 to $1000 range by the end of 2016. That said, I do think we will struggle to stay there, and the market will correct to the lower end of the above range. The big moves are likelier in 2017/18
620  Other / Meta / Re: Stake your Bitcoin address here on: August 23, 2016, 03:17:36 PM
Here is mine. Great initiative.

Address: 1DzjWC727inYcFQrHrrm8hv2vDwZy2C1CN
Message: Halloa, This is Divinespark.
Signature: IJssje0IuefzZmmdswKZVQn1kmmPdgXAix0AyfZSDzfvKw25QUAGJhvEmDSVCiYInJsC3tMhauQA4u0 R/RqZv0Q=

Thanks!
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