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6421  Bitcoin / Bitcoin Discussion / Re: How do you see bitcoins yourself? on: February 18, 2018, 09:54:39 PM
I view BTC in many ways.

I see it as an alternative to FIAT currency in the future especially if we fall
into another economic crisis and we cannot access our FIAT for day to day
living and hopefully we will be able to use BTC

I also see it as a viable long term investment plan, something that my day
job will never provide me with. Independence from any day job and any FIAT.
6422  Bitcoin / Bitcoin Discussion / Re: If Bitcoin die, no more cryptos can alive. on: February 18, 2018, 07:00:44 PM
This is plain silly.
Generally no other crypto is directly linked to BTC, if by some unforseen
freak event were to terminally damage BTC and noone was willing to either
Buy, sell or mine it the price of other coins would be temporarily affected
but only temporarily.
6423  Bitcoin / Bitcoin Discussion / Re: i hav 0.5 btc ... on: February 18, 2018, 02:13:14 PM
I would agree with others and advise you to hold for the long term
because there is a better chance of a return.
There is a great potential to increase profits now that BTC is at a
low price when it rises.

If investing in an ico or another coin i use new funds and leave my
existing BTC for the long term.
6424  Alternate cryptocurrencies / Altcoin Discussion / Re: Which crypto news sites do you read ? on: February 18, 2018, 12:50:23 PM
I use Google Newsstand for my general news as well as for Crypto news.
Yes you can use Bitcointalk because everything ends up here anyway but
it doesnt provide alerts.

I would suggest to check and verify all news articles before acting on them,
because we have seen this year already many false reports.
6425  Alternate cryptocurrencies / Altcoin Discussion / Re: NEXT BIG ALTCOINS on: February 18, 2018, 10:39:14 AM
Maybe research and consider PLENTIX in my signature!
Here is the ANN thread > https://bitcointalk.org/index.php?topic=2893320.0

Plentix is a decentralized blockchain-based platform and application aiming to
connect and reward all participants in an online referral program.

Access To Tokenized Referral


Every time businesses and customers connect, every recommendation for a friend, the Plentix token stores and transfers value. As Plentix is a network platform with an underlying token that is an asset in the crypto economy, everyone wins: the platform’s success is intimately connected to the success of its users, the growth of its token and the value of the ecosystem powered up by the Plentix platform.

6426  Economy / Speculation / Re: Trust will not betray the results on: February 18, 2018, 08:49:35 AM
For the past number of weeks there has been a mixture of manipulation and
weak hands which has driven the BTC and crypto values downwards.

There are those who are able to make the right moves and will sell at a high
value and be able to extend their portfolio when the values are at the bottom
knowing that ultimately and eventually the values will rise.

And there are those with weak hands who panic ans sell at a loss.
6427  Alternate cryptocurrencies / Altcoin Discussion / Re: best innovation with token technology on: February 17, 2018, 11:06:40 PM
Of the coins or tokens that i currently hold SIA for me has the brightest future
purely because of where the project has come to and where it plans to go.

The SIA team are working consistently on new developments to move the
project forward and the project is currently a working product with good
adoption which is set to increase when larger scale mining happens this year.
6428  Economy / Speculation / Re: Will BTC rich 14K$ till this Sunday? on: February 17, 2018, 10:57:35 PM
Bitcoin will not reach $14,000 tomorrow, it may not even reach it by the
end of the month, it is really impossible to know, it comes down to
speculation.

We shouldnt really be so concerned about BTC price and timeframe,
there are so many factors and potential positive and negative news
Evebts which can affect BTC and it is impossible to know what the
market reactions will be.

We need to be patient and to relax.
6429  Bitcoin / Bitcoin Discussion / Re: Have you ever borrowed fiat to get btc? on: February 17, 2018, 10:37:45 PM
This is one of the feasons why south korea for instance are introducing a
degree of regulation in crypto. Some people were loosing the run of
themselves on the run up to BTC high price of almost $20,000.

The regulation is in a way to protect the users of crypto, that was the
reported news anyway.

Borrowing fiat to invest in crypto is dangerous, only use what you are willing to loose!
6430  Economy / Economics / Re: Any ideas of what we lack in crypto world? on: February 16, 2018, 05:38:34 PM
Good points above.
I would like to add my very simplistic views on what is lacking
1. Quicker transaction times
2. Cheaper transaction fees
3. Wider variety of merchants accepting BTC
4. More people willing to spend and trade
6431  Bitcoin / Bitcoin Discussion / Re: Transaction fees are a tax on BTC on: February 16, 2018, 04:37:04 PM
Taxes, like death, are inevitable.  When they go up, people complain.  Txn fees are a form of tax on BTC that goes to the miners.  No-one wants to pay them but they have to.

i wouldnt agree, fees are not like taxes, and fees are not a tax on transactions.

We need computing power to complete our transactions, and those transactions
are grouped into a BLOCK. The miners provide a service to process those blocks
and without them its not going to happen.

Now, this thread could open a debate on "mining" and the seemingly centralised
form it has taken and the actual costs per transaction.

But in the end, there has to be miners and they aint going to process our
transactions for free.

6432  Bitcoin / Bitcoin Discussion / Re: Do you think the current crash is a biggest opportunity to grab asap? on: February 16, 2018, 03:29:55 PM
Is this a cheap price grab opportunity?
Where were you when price was 6000$? You were waiting for price to increase to $10K and now you are thinking to buy, but that is ok because bitcoin will reach new ATH, so if you wan't to grab some cheap bitcoins now is good time.
Are you buying?
Holding at the moment.
If you are aiming to invest in altcoins then yes it would be the best time and would be an opportunity to buy altcoins at this time. Grab the opportunity if you are willing to take risks. Don't expect to earn profits right away but instead go for long term so you won't feel pressured.
This is not altcoin discussion Roll Eyes

spot on, Bitcoin is making a positive move now and all of a sudden
there is signs of FOMO.

All last year I saw threads like this being created, is it too late threads.
If you believe that Bitcoin has the potential we all know it has, just
buy it and hold, the price will go up and it will go down but long term
it will be worth more than it is now.

There will be more adoption, more regulation, more fake news, more
negative and positive news but through it all it will still be around
for all to use and benefit from.

Here is  very good reference thread which will help you realise you
should buy now > https://bitcointalk.org/index.php?topic=2933199.0

In this time of Fear Uncertainty and Doubt it is sometimes good to look back at what has gone before.
We should learn from other threads from late 2016, through to the latter half of 2017.
There were so many threads asking if it was the right time to buy Bitcoin because the price was rising but some people still doubted it would last.

So here are a few older threads which could be interesting and helpful for these current times and to learn to BUY NOW and have no regrets.

Warning These are big threads, I have listed the thread start date, the title, the link and the approx. price of BTC at that time.

September 30, 2016, Bitcoin is a good investment now, because... https://bitcointalk.org/index.php?topic=1631600.0 (bitcoin price - $605)

July 06, 2017, Is it too late to buy bitcoin? https://bitcointalk.org/index.php?topic=2006434.0 (bitcoin price - $2864)

August 06, 2017, regret by not believing in BITCOIN? https://bitcointalk.org/index.php?topic=2068454.0 (bitcoin price - $3252)

October 19, 2017, when is the right time to invest on bitcoin https://bitcointalk.org/index.php?topic=2288662.0 (bitcoin price - $5411)

We wont be going back to those prices above and we may not be visiting sub $10,000 after this current low spell so buy now.
6433  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin: 7 Facts to Know Before the Split on: February 16, 2018, 03:16:28 PM
Fact #3:
The founder of Litecoin, Charlie Lee thinks that the Litecoin Cash fork
is a scam, here is the tweet from SatoshiLite >
https://twitter.com/SatoshiLite/status/960197866546282496

There is potential for some people to get caught up in this and be
scammed.

The Forkers  Cheesy are looking for people to input their private keys from
their Litecoin wallets into the Litecoin-cash site.
For anyone not in the know, once you give away your private keys you
loose control of your wallet.
6434  Alternate cryptocurrencies / Altcoin Discussion / Re: Millioner Portfolio for year 2018. now invest on: February 16, 2018, 07:13:38 AM
It will be difficult for people to follow the OP's advice on the one line instruction.
I am familiar with only 3 of your suggestions.

If indeed you have extensively researched each in your list you need to give us
some clues as to why you know these are positive performers.

Everyone can create a list like this and encourage others to invest in them with
only one line saying how great they will be!
6435  Alternate cryptocurrencies / Altcoin Discussion / Re: 15/02/18 is the best day in year 2018 for crypto currency holders on: February 15, 2018, 11:04:29 AM
Since the 6th of February when BTC reached its lowest since the almost $20,000
high we have been climbing steadily from $6181 to today's $9688.

It is too early to say if we are witnessing a positive continued rise and going forward
there will be corrections, the main thing is for people to be able to identify this and
not to panic.

We have seen before that BTC can survive through many obstacles thrown at it
and it will continue to survive because there is more belief even after so many
people sold out because of panic in January.
6436  Alternate cryptocurrencies / Altcoin Discussion / Re: Microsoft To Embrace Decentralized Identity Systems! Time To Buy BTC, ETH, LTC on: February 15, 2018, 07:25:51 AM
There is a thread over in the press child board > https://bitcointalk.org/index.php?topic=2942471.0

I think from reading the links that with this proposed DID everyone
will be in control of their own info.

While BTC, ETH and LTC are mentioned in the news Microsoft will be
creating their own blockchain possibly with the help of some existing
crypto partnership.

I am just visiting this thread again from yesterday and reading over the reports.
There are a lot of points of interest.

As stated in the Google Newsstand article it is not clear what or how Microsoft plan to implement the Decentralized ID system,
or whether we will see them adopting an existing project like, Bitcoin, Ethereum and Litecoin or building a decentralized network themselves.

“After examining decentralized storage systems, consensus protocols, blockchains, and a variety of emerging standards we believe blockchain technology and protocols are well suited for enabling Decentralized IDs,” today’s announcement post from Microsoft says.

Identity is one of the long-touted use cases of blockchain technology that does not have anything to do with payments or currency. In today’s post, Microsoft points to Bitcoin, Ethereum, and Litecoin as three specific platforms that are suitable foundations for DIDs.


This is from their blog post mentioning "new partnerships", is this a wink to IOTA?

Over the last 12 months we’ve invested in incubating a set of ideas for using Blockchain (and other distributed ledger technologies) to create new types of digital identities, identities designed from the ground up to enhance personal privacy, security and control. We’re pretty excited by what we’ve learned and by the new partnerships we’ve formed in the process.




6437  Alternate cryptocurrencies / Altcoin Discussion / Re: When will ICOs die? on: February 15, 2018, 07:11:42 AM
Basically an ICO is a funding tool and funding has always existed but
One of the latest method is Initial Coin Offering.
This may change in the future to a different type of reward structure
with a different name but essentially its still going to be funding, so
the term ICO might be replaced by something else.
6438  Bitcoin / Bitcoin Discussion / Daydream Believer on: February 14, 2018, 03:33:43 PM
Sitting at my desk today the song "Daydream Believer" played
on the radio by The Monkees and it actually got me thinking of BTC.

I realise now that I am a daydream believer. I believe BTC can
transport me from my mundane poor pay dayjob to something
I can never achieve from the daily grind.

We all have experienced a taste of what is possible and I sit
here dreaming of a time when we can really say goodbye to
the control of the banks in our lives because of BTC and crypto.

Just a few lines to lift the spirits at these times of opportunity
when the time is right to get your crypto portfolio fattened up  Grin
6439  Bitcoin / Bitcoin Discussion / Re: Goodbye Bitcoin Hello Blockchain on: February 14, 2018, 11:41:32 AM
you have to realise what BTC is, what it represents to people.
and it is many things to many people,
an investment for medium and long term,
a store of wealth similar to what Gold is/was,
a payment system which is not easily tracable,
a form of hope that one day it may lift people out of poverty.

do we really want mass adoption with a coin which has a limited
supply of 21,000,000, im not so sure. Mass adoption is very
suggestive, did we have that in early January before weak hands
left the market? Will mass adoption bring more regulation and
potentially stifle its use?

Blockchain technology can operate and grow along with BTC
as it is presently.
6440  Economy / Speculation / Re: how do you predict the bitcoin price in the month of March? on: February 14, 2018, 10:28:12 AM
the only tool available to us is to examine BTC historical data for
the same period and we can see last year that the prices started
to climb from mid February followed by a dip and another rise in March.

https://coinmarketcap.com/currencies/bitcoin/

Other people have also said that BTC is always lower at the start
of the year, its a general statement I know but I recon the price
will not be falling but marching up to max $12000
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