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6361  Bitcoin / Bitcoin Discussion / Re: BITCOIN: Threat to our Current Currency on: December 03, 2017, 06:10:13 AM
Bitcoin can never be a threat to fiat currency as physical money and digital money are two completely different things and has it's own importance in the ecosystem. Neither physical money can replace digital money or vice versa. Bitcoin is a good technology which is flourishing these days but it can't be used presently as a mode of payment in everyday life. There are issues such as instant confirmations and high transaction fees which needs to be solved before it can be used as a mode of payment in every shop. That's why Bitcoin is not a threat to any currency.
6362  Bitcoin / Bitcoin Discussion / Re: How can the blockchain keep up with the growing number of bitcoin users? on: December 03, 2017, 06:04:48 AM
The problem is not instantaneous transactions but the transaction fee. Just imagine you are buying a ticket for a movie and the ticket costs $5 . Would you like to spend $1.5 extra just to make the transaction ? The transaction fee for smaller transactions seems huge and hence it will be an issue for making small payments. The confirmation is another problem but that too can be solved with the help of lightning network and instant confirmations.
Using Bitcoin as a payment will surely create too many problems for regular users and time will tell us whether it is feasible or not.
6363  Economy / Service Discussion / Re: How to be a bitcointalk campaign manager? on: December 02, 2017, 04:38:08 PM
One can't simply be a campaign manager as it takes a lot of efforts to maintain the reputation of a campaign manager. We have to build our reputation here on the Bitcointalk forum by contributing towards the forum by making good quality posts and helping other members of the forum.
You have to show your skills of managing a situation very well. You must have good vocabulary and communication skills have must develop good faith from the members of the forum. If after all these you have the skills of managing a campaign you will be able to be a successful campaign manager.
6364  Bitcoin / Bitcoin Discussion / Re: Telegram users beware! on: December 02, 2017, 04:33:32 PM
Almost any person with a good basic knowledge in crypto can open up a telegram group and make tons of members join it from the social media.
Yes it is absolutely wrong to use social media for such bad things as spreading wrong information but the world id full of scammers and it depends on us whether to believe them or not. Bitcoin price can easily be seen on the internet and one doesn't have to believe on others as crypto is volatile and any predictions made on the speculation of coins is purely an assumption.
6365  Bitcoin / Bitcoin Discussion / Re: Tesla Owner mining Bitcoin for free! on: December 02, 2017, 06:01:08 AM
I do find the solution quite praise worthy but as said by Daniel Oberhaus there are certain problems in this new idea. The fact that Bitcoin mining has become more difficult as it has mined most of the coins, it needs more efficient chips now to mine Bitcoins at a faster rate. Also, the heat generated from the new model might be unstable and unmanageable if not dealt right and might cause problems to model itself. This might add cost to solve the problem. If Tesla finds out a good feasible solution to these problems then the idea of mining BTC free of charge might attract new miners to the community and solve many problems in the future.
6366  Bitcoin / Bitcoin Discussion / Re: Simple Question for bitcoin traders on: December 02, 2017, 05:46:01 AM
You can trade BTC for USDT. USDT is nothing but USD itself in digital currency. It is referred to as tether and has the same value as USD.
You can withdraw the USDT to your tether wallet and from there you can transfer the USD to your bank account. Bittrex has the option to trade BTC for USDT. Polo has been having issues lately and that's why many people have moved their coins from polo. Bittrex has been applying more rules to their exchange which has become a reason for many traders to move their coins out from the exchange. Try to find a good exchange with fiat exchange.
6367  Bitcoin / Bitcoin Discussion / Re: Bitcoin and "Ballon Effect" on: November 30, 2017, 07:46:52 AM
From my point of view crypto is becoming stable and Im sure that all counties will accept this kind of currency as its more appropriate for developted human.
For example, Y it’s really interesting to watch how cryptocurrency is becoming more available for each of us. https://mytc.io/ Ive just checked their website and wanna try it. A blockchain platform to turn time into the cryptocurrency.
I don't really think cryptocurrencies are much stable these days as the volatility is way too much these days. The increase in price of Bitcoin and decrease in the price of altcoins have gone way more rapidly than it should. For the things we know I must say that a sharp decline in BTC is incoming and it will hit BTC so hard that many panic sellers will sell their BTC much cheaper than they should. A FUD will be created in the market and BTC price could crash down heavily. Anything that goes up at such speed falls down faster and that is what going to happen with BTC. It would be best to cash out little by little as the price increases and buy in at every dip.
6368  Economy / Services / Re: Looking for people with exceptional post quality!!! Big Reward! on: November 30, 2017, 04:38:45 AM
Bitcointalk Username: pawanjain
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=900041
Rank: Sr.Member

Would love to work with you buddy. Avatar available.
6369  Economy / Services / Re: [Full Member+]🚀💲 ModulTrade Signature Campaign 🚀💲[Up to 0.025 BTC]🚀💲 on: November 29, 2017, 02:37:59 AM
Bitcointalk name: pawanjain
Bitcointalk account URL: https://bitcointalk.org/index.php?action=profile;u=900041
Rank: Sr.member
Current post count -(including this one): 678
BTC Address: 3A7XsWneHzbQ3Tcw2PZgN9Khr7dDAPBJQx
6370  Economy / Services / Re: 🔥 Pundi X Signature Campaign - Any store can buy, sell & accept Crypto [PAUSED] on: November 27, 2017, 09:50:35 AM
Waiting for Pundi X campaign to resume. May we know what is the status of the campaign. I mean how long will it stay paused.
6371  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Diamond on: November 25, 2017, 02:15:25 PM
There was not much information about the fork until the time of the fork came. I myself knew about it just before the day of the fork. Not many people would have known about the fork too. Lucky ones were those who held their BTC on the exchanges which supported the fork.
All the exchanges that supported the fork were exchanges who face frequent issues in their sites. None of the wallets like Exodus, Electrum, Mycelium, Jaxx etc... has supported the fork yet. The fork is done now and it would be better just to wait if these wallets support it. If they support it then the guide to claim the free BCD will surely be available on the respective websites. Smiley
6372  Alternate cryptocurrencies / Altcoin Discussion / Re: ETC growth on: November 25, 2017, 12:34:54 PM
ETC have the same Supply of Etherem ( 97 million for ETc 95 million for ETH ), is possible for ETC have the same growth of ETH ?
Having the same supply does not mean that it will have the same growth.If it were so then ETC would have raised to $450 now. Look at Bitcoin cash, it has the same supply as Bitcoin as well but yet the growth rate are different for both. Almost all the forked coins has the same supply as their parent coins. The growth depends on the value of the coin and what purpose it serves. Bitcoin cash was supposed to be used because of the increase in block size but people use it to manipulate coins. ETC was created to solve more complex problems but ETH won the race since people are using ETH more than ETC.
6373  Alternate cryptocurrencies / Altcoin Discussion / Re: Super Bitcoin ... another fork scheduled for 12/17 on: November 25, 2017, 09:03:16 AM
What is this rubbish site anyway ? It looks like any random person is doing fork nowadays. People need to stop this shit now.
Look at the website there are so many spelling and grammatical mistakes which can be easily noticeably. Don't even get me started on design. Super Bitcoin(SBTC) will also be having 210000 premined coins which they say will be needed for developers and other operations. There is no need for so many forks and people should stop encouraging such forks but they won't because all they care for is free money. They won't see the damage it's causing to the ecosystem.
6374  Economy / Trading Discussion / Re: Bittrex notice on: November 25, 2017, 08:22:26 AM
So Bittrex is finally making things better by placing such notices. Although the notice on the pump and dump tactics does seem like a good move to me since I am against pump and dumps and such manipulations but raising the minimum trade doesn't make sense to me. Bitcoin's price has increased and 50k satoshis a few months back is worth a lot more now. So they should actually be decreasing the trade price but instead they have increased it.
Seems like Bittrex is playing it's own game in the name of improving security. Have to keep a watch on it.
6375  Bitcoin / Development & Technical Discussion / Re: Evilness in the fees on: November 25, 2017, 07:00:54 AM
I do understand what you are trying to say but that's how it is buddy. Miners will choose obviously the the transaction with higher fees to earn more profit. It's all about the priority here. The one who needs to get the transaction done quickly will have to pay high priority fee and vice versa.
It's not that lower fee transactions are kept on hold forever but they are done a little later. You could also accelerate your transaction if you don't want to pay high fees but want to boost your transaction speed at the same time. According to me there should be a pool that mines only lower fee transactions in order to keep the network stabilized but then they should also be paid something other than just the mining fee so that they can earn profit from mining.
6376  Bitcoin / Bitcoin Discussion / Re: Help! Faucets Are Wasting My Time. I Need Better Ways To Earn Bitcoins Asap on: November 25, 2017, 04:47:21 AM
There are many ways through which you will be able to collect more BTC in your wallet. Some of them are
  • Trading - Trading altcoins and collect more BTC (invloves risk of losing)
  • Investing - Investing in various platforms like ICOs
  • Lending - Lending your BTC to someone and gaining interests over it
  • Staking - Invest in PoS coins that give out good profit
  • Mining - Start mining by GPU or machines
  • Working for BTC - Provide your services such as graphic designing, content writing, bug reporting, videos etc..
  • Contests - Take part in contests that pay in BTC (you can find them in the forum)
  • Signature campaigns - No need to explain as there are multiple threads in forum on this topic
  • Bounty campaigns - Earn bounty tokens and sell them for BTC
  • Airdrops - Take part in airdrops and sell them for more BTC.
Search more threads to get more ideas.
6377  Economy / Exchanges / Re: Exchange related question on: November 25, 2017, 03:56:05 AM
Any business/service finds it's initial customers by a lot of advertising and marketing. Bittrex and Poloniex are well established now from many years. Although they have issues in their websites but they do have regular users who visit their sites daily. I have seen new exchanges offering various schemes to it's initial customers for opening an account with them at their exchanges. Most of the exchanges uses such ideas and offers various schemes and services and free coins and trades to attract users to their sites. As the number of users registering with them increases they get more benefits from them and that's how they grow their services.
6378  Alternate cryptocurrencies / Altcoin Discussion / Re: How to calculate a possible earning from an ICO? on: November 24, 2017, 01:08:38 PM
It depends on the way how you are at your managing skills and your analyzing skills. The process to accomplish a successful ICO includes many tasks and if you are confident enough about the value of your coin then you will be able to calculate the possible earning from the ICO with more accuracy. If the project is in need in the real world then it will be well established then the token will have real value and will be sold rapidly. So after finding a real project you will be able to calculate the cost and earnings from the ICO.
6379  Bitcoin / Development & Technical Discussion / Re: Is there any bitcoin fork on today..?? on: November 24, 2017, 07:29:55 AM
The rumor turns out to be real but there are some things which people should know. Bitcoin Diamond (BCD) fork is supposed to happen today at block 495866. All these forks are just a free way of earning more money and don't provide any value to the coin. The developers of BCD are EVY and 007 which are not much known to anybody and probably are some anonymous people. The BCD fork is not supported yet by any mainstream exchanges and all the exchanges which supports this fork have some issues in their sites. Some have login issues, some have 2fa issues etc..
So I wont be supporting the fork either and would recommend none to put their money in such exchanges. Hold your BTC in offline wallets.

P.S : You must be asking this question in Bitcoin discussion thread and not in development thread.
6380  Bitcoin / Bitcoin Discussion / Re: Indian banks embraces blockchain on: November 23, 2017, 03:07:09 PM
this will be another private ledger for the banks to do their own business, and it has nothing to do with bitcoin or cryptocurrencies in general they are just using the same technology and the end user will probably never even finds out about it.
for example when you have a bank account or a credit card and use it, you don't care if it is the traditional way of communication or are they using advanced cryptographic method and have a blockchain somewhere!
This is important, people usually don't make difference between blockchain (the technology) and bitcoin (which is only based on that technology). Banks are about to develop blockchain based solutions all over the world, but that doesn't mean that they want to deal with bitcoin. Banks has a centralized system yet, but have branches and ATM country and worldwide. If they want to start a blockchain based solution, the nodes could be in the branches and in the ATMs so they will have a truly decentralized system with high redundancy. But that doesn't mean that it will be compatible with bitcoin (it won't, ever).
Absolutely.Its still surprising to see that people still confuse blockchain adoption with bitcoin.Not only in india,banks all over the world are ready to adopt blockchain system,but not bitcoin.They treat bitcoin as their main rival.More over,india is getting ready to issue its own crypto coin named Lakshmi.So,there is nothing special to celebrate about this news.But if more indians start using bitcoin,definitely it would boost bitcoin progress and it is an entirely different subject from this move of banks adopting blockchain.
I think you people didn't get my point here. I am saying the same thing that they are adopting Blockchain and not the Bitcoin.
My point is, if they start using the blockchain and use their own coin for transactions then people will surely get to know about the technology and it's uses.
The popular Indian bank State Bank of India(SBI) is embracing the use of blockchain for it's smart contracts related to KYC.
This is surely a positive move towards cryptocurrency for India since using the blockchain would need a cryptocurrency.
This move will then be followed by 27 other banks which will create a positive impact in Crypto community. Although this is a good news India don't trust on Bitcoin as it is not much secure and stable as said by them and hence they will be creating their own coin for doing the transactions.
We hope that this will bring them closer to understanding that bitcoin is safe and a very good thing. But knowing what poverty level there is, at most 20% of the population will be engaged in bitcoins and it is still unclear.
India is ranked 2nd with almost 35% of its population as internet user after China. Even if 10% of 1.3 B people get into crypto that gonna boost the demand to very high level. India is an emerging market for cryptocurrencies. This crypto trend has increased a lot recently in India with almost all the local exchanges going through high traffic issues and also Bitcoin is being sold at premium there. If SBI(the largest public sector bank of India) is going to adopt blockchain, then that will definitely raise awareness among Indians regarding cryptos.
As he said even if 10% of the whole population starts using cryptocurrencies whether it is India's own coin or not it will surely create an awareness among them. Once they get to know that there are a whole lot of opportunities in crypto they will start using other coins as well. This will surely increase the size of community and trades overall. I would have surely explored more opportunities in the field if  I didnt knew about crypto before.
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