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641  Economy / Speculation / Re: Bitcoins long-term investment is dangerous. on: July 03, 2016, 01:11:42 PM
If it was not risky then it wouldn't be reward and you wouldn't ave chances to get rich.. Also there are no real risks in the long term, we will solve all the problems thanks to Lightning and improvements like segwit, all of those scaling problems are just FUD.
642  Economy / Speculation / Just 1000 blocks away from halving on: July 03, 2016, 01:04:56 PM


It's going to be great, I can't wait to see what happens in the webpage, I hope that im still awake and im not sleeping once the last block is mined and the halving is complete. Don't forget to check the webpage to see what happens.
643  Bitcoin / Bitcoin Discussion / Re: Blockstream wants to rewrite the bitcoin whitepaper on: July 03, 2016, 01:02:26 PM
Oh my god the FUD is out of control. It was just one guy, that suggested to UPDATE the whitepaper and release it separately, not overwriting the original. And he got 0 support from the rest of blockstream members anyway so what the fuck are those FUDsters even talking about. Just stop it.
644  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: July 03, 2016, 12:59:40 PM
I would hold 100%, everything else is too risky and for me and 99% of people is simply too hard to make 10 BTC on this day and age. Price too high to invest near that much money.
645  Other / Meta / Re: Bitcointalk.org has the best bitcoin forum on internet on: July 03, 2016, 12:56:54 PM
Since I joined bitcointalk.org I have improved my English learn many information's and most especially I am earning daily.My btc earnings on the signature campaign has been my source for investment on different sites. This wonderful income opportunity is really helpful for me to save some btc but also to provide for my weekly allowance. Bitcoin is power at bitcointalk.org. Thank you very much for letting me be a part of this site.

Yes, this is my favorite forum because it's a very simple forum, you can browse it securely without not even needing javascript on, also a lot of the core devs are active on the forums and will reply to your posts. And the signature campaigns are doing god's work to spread Bitcoin across more hands.
646  Alternate cryptocurrencies / Altcoin Discussion / Re: NETCOIN to poloniex??!! on: June 30, 2016, 05:39:59 PM
I think I have some of this coin somewhere in the wallet, but im too lazy to download the blockchain and it's probably slow as fuck to download the blockchain in some unknown alt. Is there any way to access my wallet.dat without having to sync the entire blockchain?
647  Alternate cryptocurrencies / Altcoin Discussion / Re: Count Down till Waves founder sasha hacked on: June 30, 2016, 05:30:33 PM
I have seen a picture with Vitalik Buterin and the Waves guy, Sasha something, together so im guessing they are friends. Let's just hope that they do not end up both going through the hell of money being drained from smart contracts.

Sadly I think the smart contract technology will keep damaging those projects because its too easy to make mistakes when programing those things.  I would go all in on BTC if you are holding any alts.
648  Economy / Economics / Re: The future of the paper money on: June 30, 2016, 05:28:22 PM
If it's something made by the government or by banks then you should definitly know that it won't be private and they will have control of everything just like the banks right , nothing much will change .
and for what comes to the Paper money I don't think it will dissapaear , maybe on some countries yes but worldwide ?definitly not because some countries don't even use Credit cards for their transactions so ... yep
Paper money is going to stay for a while because I do not believe that it is going to disappear that quick to make everything digital.
I think that they need a little more time if they want to seriously want to implement that system in the world.

In 10 years most paper bills will have disappeared by now. In 20 years young people will not know what the fuck a paper bill ever was, they will be born and raised in the digital payments world. Bitcoin will shine by then, once they realize its the only pro-freedom money available.
649  Economy / Economics / Re: Have $20 worth of bitcoin, how to earn more with it? on: June 30, 2016, 05:22:04 PM
Signature campaign don't pay enough. Study and get a real job, everything else requires too much luck and talent too to excel and get rich. If you don't have anything special to offer then you are stuck in the rat race like 99% of people out there.
650  Bitcoin / Bitcoin Discussion / Re: Where can I keep my BTC during the halving? on: June 30, 2016, 05:12:11 PM
Only an insane man would leave Bitcoins outside of his own hard disk in 2016, the only exceptions being paper wallets and specialized devices like Trezor or Ledger Nano which is pretty cool.

But please do not leave your BTC in exchanges, the catastrophe is unavoidable then.
651  Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins? on: June 30, 2016, 05:11:02 PM
People doesn't understand Bitcoin, so it's very frequent that people hate what they don't understand. You can't blame them tho, most people are ignorant and don't now what's good. They should do some more search before deciding something is worth hating.
652  Bitcoin / Bitcoin Discussion / Re: The Final countdown [10 Days before the halving] on: June 30, 2016, 05:09:35 PM
Hold on to your coins, we are already seeing an rise in the price, it's only beginning. Im pretty sure we will reach 700+ again and this time we will keep rising.
653  Alternate cryptocurrencies / Altcoin Discussion / Re: Bruce Wanker Talks about The DAO attack on: June 29, 2016, 05:12:46 PM
I bet everyone that downvoted that video are sore losers that lost their money on the DAO thing. Im glad that I didn't end up risking a single satoshi, Bitcoin is too valuable to get in those shitholes and losing a single satoshi is always painful if you know the true value of Bitcoin in the long term.
654  Bitcoin / Bitcoin Discussion / Re: Does anyone ever use USDT to trade in and out of BTC? on: June 29, 2016, 04:57:08 PM


You can always trade BTC/USD, on any exchange, as long as you take profits in BTC.


As far as I know, you cannot do this. In order to trade crypto to fiat, you need to give your credentials to the exchange, otherwise they will not let you sell for fiat (im not even talking about fiat deposits or withdraws, but selling BTC for fiat, then going fiat to BTC again).

With USDT, you can create a Poloniex account, enter some fake name and location and start tradding with a crypto that is pegged to the USD, that's the point. I don't think you can do this unless you give real data to the exchange if you want to do it with real fiat, including ID scan and so on.
655  Bitcoin / Bitcoin Discussion / Re: Nothing really big happened on: June 29, 2016, 04:29:36 PM
Even after 5 yrs after the invention of Bitcoin nothing outstanding happened so that we can be boastful about the fact that we are moving forward.

Ethereum - Marginal probability of long term survival
DAO- On the verge of extinction
Waves- No solid business plan.Uninformed practises.
Litecoin,Dogecoin and other  cryptocoins- No large scale adoption of these coins.Didnt attract the masses.

Bitcoin is the only winner in the crypto world.
Hail Satoshi!!

Indeed, Bitcoin is the only solid blockchain, all of the rest are struggling to get on Bitcoin's level. And the more time it happens with Bitcoin surviving as number 1, the more solid the project becomes and the harder it will be for it ever going away.

If we reach 10th anniversary in top shape we will confirm that Bitcoin is here to stay for at least another 100 years.
656  Bitcoin / Bitcoin Discussion / Re: Does anyone ever use USDT to trade in and out of BTC? on: June 29, 2016, 04:14:18 PM
This is the first I heard of USDT:
A crypto that is pegged to the BTC price...
If Bitcoin is $701 and you sell 1 then you get 701 USDT, is that correct?

You can always trade BTC/USD, on any exchange, as long as you take profits in BTC.
How does USDT solve the problem of getting "real" cash in and out of exchanges?


That is indeed, the case. You can find this in Poloniex, I don't know if they are in any other exchanges, but probably Poloniex is the best way to go since they have a decent volume. Last time I checked it was about 300 BTC, so it's decent unless you aren't a whale.

My fear is in fact that a whale decides to take a big dump and crashes the USDT market losing the peg with the dollar.

I think its a good idea tho, because who wants to give credentials to exchanges.

It can't lose peg with the dollar.  There are actually real dollars on reserve.  For every USDT on the blockchain, there is a real dollar in the bank somewhere.  This is how they maintain the peg.  It can't get 'unpegged'

Are you sure? How do you even know how many dollars there are in circulation? That seems like nonsense to me. Where can I learn how exactly the pegging mechanism work?

I think someone intended to do something like this in the past (a crypto pegged to dollar) and it was a disaster. I forgot the name of the project .

This one seems to be doing good so far tho.
how does this peg stuff work? I remember nubits was supposed to the answer. i couldn't understand what the hell they were on about when it came to maintaining the peg. now their peg is toast anyway.

Yep nubit must be the one im trying to remember. So I wonder how this time will be different with USDT?

This is the first I heard of USDT:
A crypto that is pegged to the BTC price...
If Bitcoin is $701 and you sell 1 then you get 701 USDT, is that correct?

You can always trade BTC/USD, on any exchange, as long as you take profits in BTC.
How does USDT solve the problem of getting "real" cash in and out of exchanges?
It doesn't solve that problem.  But, if you want to sit on dollars for a few weeks before getting back into BTC, just buy USDT which stays on the blockchain and the Exchange doesn't have to hold dollars for you.  Good for you and good for them. 

What does DEX mean?
657  Bitcoin / Bitcoin Discussion / Re: The Final countdown [10 Days before the halving] on: June 29, 2016, 04:12:45 PM
It's a gamble. Im sure that if I sell trying to trade the market, I will wake up with a bigger price than I was expecting and instead of a correction it keeps rising and I miss a ticket to the moon, so I will just hold it.

Btw, this is a good song for the thread:

https://www.youtube.com/watch?v=9jK-NcRmVcw
658  Other / Off-topic / Re: How much do you earn per day on: June 29, 2016, 04:09:21 PM
I don't earn much per day. I have been away from posting regularly, so barely anything since the signature campaign was the only way I got some guaranteed daily Bitcoins. I want to come back to posting more regularly tho.
659  Bitcoin / Bitcoin Discussion / Re: Does anyone ever use USDT to trade in and out of BTC? on: June 29, 2016, 04:07:10 PM
This is the first I heard of USDT:
A crypto that is pegged to the BTC price...
If Bitcoin is $701 and you sell 1 then you get 701 USDT, is that correct?

You can always trade BTC/USD, on any exchange, as long as you take profits in BTC.
How does USDT solve the problem of getting "real" cash in and out of exchanges?


That is indeed, the case. You can find this in Poloniex, I don't know if they are in any other exchanges, but probably Poloniex is the best way to go since they have a decent volume. Last time I checked it was about 300 BTC, so it's decent unless you aren't a whale.

My fear is in fact that a whale decides to take a big dump and crashes the USDT market losing the peg with the dollar.

I think its a good idea tho, because who wants to give credentials to exchanges.
660  Alternate cryptocurrencies / Altcoin Discussion / Re: DAO being dissolved - what do you think people will do with all that ETH on: June 23, 2016, 03:15:34 PM
For all I know, im still trying to understand how in the hell is ETH and DAO going up while BTC is going down. This makes absolutely 0 sense no matter how you look at it.
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