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601  Bitcoin / Bitcoin Discussion / Re: Bitcoin expense problem on: January 27, 2018, 05:23:09 PM
At the current stage of the Bitcoin development many things have been analyzed that look for a solution, such as scalability problems or transaction speed.
I apologize for the noobism but I would like to know this thing:

To date, if I bought Bitcoin, it, in what can I spend it?
Only to buy altcoin or participate in ICO? Or spend them in the few services that offer it? What is the current situation?


Thank you,
r00

Your thoughts are in right direction and explains the same situation as everybody is into. It's been very long period now since when bitocin was brought as an idea of faster and secure transaction agent with its application in the day to day life. But as we can see things have become little worse than anyone could have thought before.

This condition is all because of the network congestion and scalability issues as everyone is speaking up here.

So in the market like this where you could spend the bitcoin ? Well there are many companies, related to food and drinks chain have opened up there doors to accept the bitcoin but only in the modest countries. The ratio is very low and third world can just dream about it.

You can do use bitcoin ATM to cash out real money and then spend it wherever you want. I know that's just midway through it but that's the option we have at best level. Rest we can't do much but wait for the thing to develop properly.
602  Economy / Services / Re: Eroiy.io Twitter Campaign on: January 26, 2018, 01:35:50 PM
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603  Economy / Economics / Re: Saving the Tech Industry on: January 26, 2018, 06:44:17 AM
Don’t believe that.

The tech industries are already ahead of their time and who imagined that we will go from video games to all the way up 3D Xbox in such short period of time. When bitcoin was being programmed (blockchain certainly) then these industries must have never heard of it unless and until the mining started taking the leap.

It was simple demand and supply ratio that driven these industries upto the next level of manufacturing and modifying their techs.

I’m sure if there was any conspiracy between the tech industries and formation of crypto currency then big giants like Microsoft, Apple, Intel would have already been running it with their own set of rules.
604  Other / Meta / Re: Merit System Numbers too high to achieve - A Suggestion on: January 26, 2018, 05:02:46 AM
The merit system is best thing we have achieved for our forum and this is surely going to end the poor quality posting. People will now learn how hard it is for a manager to choose yourself while working on signature campaign, it’s pain staking job!

I have seen people crying around the signature campaign, about their non acceptance in the campaign. But a manger knows very well what he is doing, and the Merit system is what will support the managers the most.

I can’t believe that people are still trying to have midway around the merit system by making it simpler in one way other.

How hard it is to write a quality posts guys? You just have to follow the rules, and come on even high school level students are better now a days. I’m sure most of us here are adolescents plus! At least we can acquire that sense of writing, read, read and study that is what will save our ass and nothing else.

Those who fear of the system already are the one who are not accepting the change due to their inadequacy and inabilities to think that they can do better posting.

Let’s accept the Merit Syetm and protocol which is published already. On top of that we should make sure that the system doesn’t get corrupted in the long run with helping hands! It has t be pure and earned by ourselves.
605  Economy / Economics / Re: Can the Wall Street fat boys kill Bitcoin profits? on: January 24, 2018, 11:45:12 AM
I have read some posts and comments by senior members related on how the futures on Bitcoin are controlling the whole crypto-currencies market. Do you understand the effects? What your view?

We know very bitcoin and all the other crypto currencies are completely decentralised and they don’t have control of anyone. If you got bucks then you can shake the base of these currency at any time, but to make that happen we do need to win in the groups and nothing can be done all alone. If the Wall Street would have been cheap inventor then they might have taken the risks to manipulate this market and kill the profits. But who knows why that did not happen yet and if it is not happening then they might be taking the interest in the bitcoin with some serious up fronts!
606  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: you have profit in all airdrop? on: January 24, 2018, 10:40:13 AM
I don’t really bother spending time over the airdrops if the projects are very good. This really supports the project and if it turns out to be good then we can easily earn some bucks from it. That’s the thing I love more about it. But it doesn’t mean that if these things are coming free then we should enrol into each of them. Always be aware of the scam projects and hopefully we don’t end up supporting such sites. Rest is good.
607  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]🔥 LUNYR 🔥 Decentralized World Knowledge Base on Ethereum / OPEN BETA 🚀 on: January 23, 2018, 12:35:29 PM
Quote
knowledge base API that developers can use to create next generation decentralized applications in Artificial Intelligence, Virtual Reality, Augmented Reality, and more.

Ah! Was going through the description of the Lunyr and this is what caught my attention more than enough. I can see that devs have come up with some additional use of the decentralised chain to share the knowledge in very different ways.

I am science based person with degree in pharmaceutical sciences and have always studied my portion over the internet to know more things. My topics had medication with AI tech but there is insufficient data to synch like that. I’m not sure if I have understood the idea of lunyr completely but if you guys are able to input the whole thing with AI tech then many further developments can be achieved. However you should really include the educational data hub within your project. That’s what I think about it. :-)
608  Economy / Trading Discussion / Re: ICO investment Risk on: January 23, 2018, 12:22:49 PM
I just work on bounty at this moment.But every person have a dream.I have a dream.I want to make a big investor.I want to invest on ICO.Can anyone explain me, Have any risk involved invest money on ICO?

To be honest ICO itself is second name of the risk!! There are only few projects which turn out to be true in the long run. I have been in the crypto since two years now and the trend of ICO is growing day by day but in complete wrong way and just to misuse the new investors who don’t think before investing into it. I have seen ICO becoming obsolete after finishing their launches just because of their wrong methods of marketing and zero investors for the future. Sometimes they run away with your money without publishing any prior notice and sometimes they are not have innovative products and services which can attract more customers to profit from. The end result, whole thing turns out upside down! So better think twice, study well about an ICO if you are going to invest.
609  Alternate cryptocurrencies / Altcoin Discussion / Re: Market correction on: January 23, 2018, 10:06:47 AM
Would there be a big correction happening in the near future, to shake out those weak coins Huh

I don’t think we can know that in such advance time. There is no way we can get the date. We get to know about the market correction in really short period of time and sometimes it keeps going on and then we come to know about it. ;-)

However, there will be market correction surely. The recent one was in the December so it is hard to say when the next one will come. Once the market will reach to ATH then usually we see the market correction. For now we are already in the deep sleep and need sometime to capture the good position.
610  Bitcoin / Bitcoin Discussion / Re: ICO will take off on: January 22, 2018, 04:06:30 PM
I'm little concern about this topic. I mean there could be chance that things may not work out for the ICO the same way it did until now. It has already made bad impression on the community and we have seen so many fraud cases during these years. ICO has become the business of capturing the funds and just showing everyone hopes that they will get good shares from it. But hold, how many times we have been winner in this field, literally ask yourself how many real product launches have been already taken place ? It's really worth thinking and then speculating anything about it.
611  Economy / Speculation / Re: Bitcoin To Drop As Low As $1000 This Year on: January 22, 2018, 02:17:42 PM
Bitcoin To Drop As Low As $1000 This Year, Wall Street CIO Predicts
"I wouldn't be surprised if over the next year it's down to $1,000 to $3,000,"

Is this going to be real or not ?

Different people different perspective of looking at he bitcoin. I mean if there would have been any chance of that happening then there should have been some indications like bitcoin dropping each day by 1-2K USD and draining the market cap very fast. But what I'm observing since few weeks is market cap is holding up very strong and there have been few ups recently which completely states that bitcoin is still having healthy market. I think there is lesser chances of happening that as 250 billion dollar market cap is very extensive and there is no way half of that or more can drain just like that.

I mean things could happen where great development might take place sooner than we think and the market suddenly reaches ATH. Never lose hopes into the crypto world.
612  Economy / Economics / Re: Bitcoin vs Ethereum after 5 years? on: January 22, 2018, 07:26:25 AM
What is most profitable to invest for 5 years ?BT or ETH

At the time of your post we were in the situation where ETH was just baby and BTC was like young and dynamic venture where your inevstment was assured to be multiplied in few weeks to months and which later on actually happened. But now is the time where the case is completely different and we can see that ETH is making some good moves here. There is no way we can call it up coincidence but the fact that this is the year of ETH and not the BTC. We need huge investment into BTC of we want to make it good shot. But in the five years anything can happen so better choose the currency according to time.
613  Economy / Economics / Re: France declares war on the cryptocurrencies on: January 22, 2018, 06:42:38 AM
I'm not sure if they have declared the war against the whole crypto community but whatever I understand is they just want to be safe in their own country. It's obvious that they want to regulate the country in proper manner and don't want to get disturbed with any outsider intruder (Here : Crypto).

However, I don't think that this news and the current downfall has got any relation really. The news is just into he air and they have not done anything practically yet. So must not get panicked about it either. In the long run such news will keep coming and however crypto is not going to stop at all. It's better that we focus on how to improve Crypto so that in the future we don't see any trouble from many countries which could be worrying thing later on.
614  Economy / Speculation / Re: Why I love this Bitcoin crash on: January 22, 2018, 06:04:08 AM
The best part for me about this crash is that all these dumb noob idiots who have been obsessing about the price, thinking they are geniuses can finally shut up. They will finally see how idiotic they have been. I hope they lost all they money.

Take chill pill buddy. This is how the whole market is working up in today's date. If those noobs were not there then how do you think this market could have gotten this much volatility in first place. I think we should let this market work the way it is working now because without which the thoughtful investment that we make can not be made so simply. ;-)

Moreover it is pre fixed that, every noob sooner or later comes to know the fact of holding and then they also rely on the later noobs. And this cycle keeps going on and on always, and I'm sure it's not gonna end. This all is benefit of the decentralised nature of the bitcoin so let's hope that we keep up the pace in same manner.
615  Alternate cryptocurrencies / Altcoin Discussion / Re: what is your plan? on: January 21, 2018, 07:16:21 AM
By plan i mean when do you plan to cash out. Is it when you have made enough to buy a car, a house maybe? or are you setting your sights higher?

Personally i'd just like to own my own home, after that i would just play with spare change.

I am a liquid player, I cash out when I need money. I always keep the pace of earning constant and don’t get too greedy about it. This makes me passive income from the crypto side which I can use to fulfil my those needs which I’m not able to fulfil with current real job salary. :-)

Your dreams are really good and straight. I think it’s possible to achieve that much money with crypto. I think until now I have earned that much money with which I can get the car or something costlier than that. But never calculated anything. But I’m enjoying it. :-)
616  Alternate cryptocurrencies / Altcoin Discussion / Re: NEO Vs EOS Who Is Better? on: January 20, 2018, 05:45:48 AM
My stakes are on the NEO only because despite of the similarities between the two projects it has got bigger volume and popularity in the market. Plus this coin is older than the EOS one and one thing sure about it is, it will sustain in the market for very very long time. NEO, from its past can tell us many positive things, for example in the year 2016 end it had no market value at all, at the start of year 2017 it pumped a little bit to 6 USD and sustained that price for almost 6 months and got spiked to 30 USD and then we are seeing the out reached prices for it today. This is clear indication that the coin is getting developed day by day and we can make profits out of it in the long run.
617  Economy / Economics / Re: Bitcoin's High Volatility on: January 20, 2018, 04:13:03 AM
As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.

I believe that it is not that much volatile as we are seeing it here. The volatility is caused with different volumes of investment the are going into and out of the bitcoin market. The real thing that happening since few weeks is different bans closure of the many exchangers causing the disturbed market. This has increased the intensity of the volatility due to panic sell as well bad media publications around the internet. This is natural that when people see something which negative for bitcoin then they start falling for the trap and the effect can be seen today.

I have surety that 100-0 formula won't last for long period and things will be reverted back to 0-100 sooner. Its just matter of the time.
618  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can ETH reach BTC value ? on: January 19, 2018, 10:42:28 AM
Just wondering if ETH can

Now thats valid this year. Just look at the hype around us and what community has to say, ETH could just reach the prices of 10K in no time this year end. If everyone starts thinking in that way then everyone will switch to ETH from BTC and can get the job done. Besides that due to technical issues that bitcoin is facing today we have got higher chances of the ETH taking the control of crypto currency and make the pathway through it.

It is going to be overwhelming response as we will proceed further because we might just see that BTC market is dropping and ETH one is pumping naturally. This will occur in the middle of year and then afterwards big investors will play the game of pumping. So yes it is possible to overrun the BTC in first place. :-)
619  Economy / Economics / Re: Weak Hands lose money, strong hands makes profits in this game! on: January 19, 2018, 08:53:02 AM
I have been through this time and time again. We go through a dip and everyone is running for the hills or selling their coins.

The trolls come out of their caves and the panic nanny behaviour kick into action, triggering a massive sell off amongst the weak hands. <Newbies & Speculators>

I woke up yesterday and I saw the price was just above $9000. My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^

Most people woke up and the first thing they did was to fire up a browser and to read the comments of these trolls and media shills and consequently selling their coins in a state of panic.

The weak hands will lose money and the strong will thrive in this game. Hodl on people! <Buy the Dip>  Grin

This is explained in great way. This is what everyone should follow if we want to keep the crypto currency market as clean as possible. However there are huge pump and dump groups which works altogether and destroys the very first principle of the crypto work flow. They make every coin in the market very weak and over the time the effect can be seen the way we are seeing currently.

People like you and me who are the opportunistic in the first place will always go and buy more when the market is down. This actually create a vital support to the crypto currencies and thus we are the one who is becoming the backbone. But its not about you and me, we need millions more like this so that developers can actually focus on the real upgrades rather than getting stressed out about the market situation.
620  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing on: January 19, 2018, 06:52:20 AM
Hey,

So I’ve invested into couple of coins and currently holding them on a exchange. Is it good idea or should I download a wallet. For an example what is good wallet for Ripple

Regards

The offline wallet is always preferred when you have big or small investment and with he portfolio. In the long terms your portfolio will grow in the price and the value into your wallet will increase automatically. This can be seen with ether address or token address and it could attract the potential hackers. This is simple fact that they will take lot of efforts if your wallet contains worth amount of wealth really. So the good idea is to hold it into offline wallet and if possible and you have big investment then just switch to hardware wallets like ledger nano etc. But never keep the funds in the online wallet in general. You may sometimes loose the private keys, or keystone files etc. This cases have already been registered many times and people have offered thousands of dollars to crack the wallets for getting back their investment. So do avoid that trouble you must use offline wallets. The easy one.
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