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6561  Economy / Service Discussion / Re: Coinbase issue on: October 02, 2017, 06:29:33 AM
LOL this could be any of your friend or any stranger messing around with you. Sure they got you well in this case.
You do know that Coinbase is an American based exchange right ? Why would they want Americans to remover their BTC off their wallet ?
This should have been the first thing to come to your mind while the stranger did a prank call on you unless you don't know the fact that Coinbase is  an American based exchange. Undecided
6562  Economy / Micro Earnings / Re: Quoinpro on: October 02, 2017, 05:49:32 AM
Faucets are a great pass time but should never be treated as a source of income. I know all those fancy websites which looks so attractive and grabs your attention but believe me, it's just a strategy to attract users to the website. Faucets are not at all profitable as they have a very low amount of income which could be nil when the transaction fee is added to it. So all the time you spend on the website goes for nothing. That's why people say faucets are a waste of time.
6563  Economy / Service Discussion / Re: Telecominer legit or scam ? on: October 02, 2017, 05:42:56 AM
I have never heard of the website telcominer.com but did a short research on it. Based on my analysis I have concluded that the site is fake.
According to my knowledge and experience I can say you that 99% of the cloud mining websites out there which claim to be genuine and return good profits turn out to be scam. This website is a similar case where the registration details of the website is hidden. The layout seems creepy to me and the returns they are claiming to give you is not actually true. So be alert and stay away from such sites.
6564  Economy / Trading Discussion / Re: Another Bitcoin Hard Fork due in November. BTC price up or down? on: October 01, 2017, 04:47:11 AM
The result could be similar to as what happened to Bitcoin cash. Bitcoin cash was forked from Bitcoin and then became just another altcoin, so may be bitcoin could become another altcoin as well. The price increment in bitcoin was remarkable after the hard fork and if the same thing happened again then that would be a great opportunity for people to increase their capital. I personally think that if there would be free equivalent amount of Bitcoin gold given then there would be an increase in Bitcoin's price after the hard fork.
6565  Economy / Trading Discussion / Re: When should we buy and sell? on: October 01, 2017, 04:39:26 AM
This should be one's personal decision and depend on how the person thinks at that point of time. What do you do when you want to buy your favorite smartphone. Do you wait for an offer/discount or just buy it that price. I buy coins when I have enough money and if there is a good dip to buy it. There will be many opportunities in the market to buy and sell but buying at the right time and finding a good exit point would generate more profit and minimize the losses.
6566  Bitcoin / Bitcoin Discussion / Re: What if China ban was temporary on: October 01, 2017, 04:20:03 AM
I think the ban is indeed temporary as they are planning to treat virtual currencies as virtual assets. According to a news i read today, China is planning to operate virtual currencies as virtual assets from October 1.
The link to news is  https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/
So after this may be they will lift up the ban and then regulate the cryptos and that could mean a spike in Bitcoin's price. This surely would be an opportunity to grab on.
6567  Bitcoin / Bitcoin Discussion / Re: Bitcoin ban in South Korea on: October 01, 2017, 04:09:55 AM
I really don't know why people take it so seriously. They have banned ICOs right, so let it be. There are still plenty of coins out there waiting to be invested in. ICOs were started just a few years ago and Bitcoin was out there from several years ago. It is absolutely Okay if the ICOs are banned.
Bitcoin will still be there and survive the wave. ICOs lead many scammers to scam people and the ban on ICOs is obviously a good decision as it will stop people from scamming others.
6568  Bitcoin / Bitcoin Discussion / Re: Suddenly, Russia Plans To Ban Cryptocurrency Sales To ‘Ordinary People’ on: October 01, 2017, 03:45:46 AM
This is surely a bad idea as this decision doesn't give any justice to the ordinary people.
Everybody should be given a chance to invest in crypto currency. They say that it is highly risky then they should make decisions such as people should be able to invest in it at their own risk not banning it completely for ordinary people.
The sudden decision by them is surely a planned one and i guess there is something fishy that will surely come out at some point of time.
Even like that, it has the positive side, the fraud in cryptocurrency will significantly decrease because only extraordinary people will have the privilege to invest or to trade a digital asset.
By the way, it's all planned as you say because government always do research before making a decision.
They should have planned their decision well in this case. It's good that the scamming of cryptos will be decreased by this decision but then there is also a negative point that ordinary people like me, who do have a good knowledge and experience about crypto will not be able to invest in it just because we are not heavy investors. Also that beginners would not be able to be a part of cryptos. So the only people who will be in cryptos will be the ones who are already in it and there will be no new participants unless he/she is already rich. So this according to me is a huge down side to this decision.
P.S: I am not from Russia and "people like me" was just an example as there would be many people from this criteria in Russia.
6569  Bitcoin / Bitcoin Discussion / Re: Voting with a Blockchain on: September 29, 2017, 07:02:14 AM
This might be another use of the blockchain. Whether or not the government use it for voting, they will surely try to adopt in their region if they come to know the advantages it has over the regular voting systems. It might be a leading step towards crypto for the countries who haven't legalized crypto currencies yet in their region. It is a good idea but would require a lot of planning to execute it in a proper way.
6570  Bitcoin / Bitcoin Discussion / Re: Suddenly, Russia Plans To Ban Cryptocurrency Sales To ‘Ordinary People’ on: September 29, 2017, 06:55:11 AM
This is surely a bad idea as this decision doesn't give any justice to the ordinary people.
Everybody should be given a chance to invest in crypto currency. They say that it is highly risky then they should make decisions such as people should be able to invest in it at their own risk not banning it completely for ordinary people.
The sudden decision by them is surely a planned one and i guess there is something fishy that will surely come out at some point of time.
6571  Bitcoin / Bitcoin Discussion / Re: Bitcoin phased out on: September 29, 2017, 06:47:25 AM
Bitcoin cannot be phased out that easily because it has a widespread population from all over the world. Bitcoin has acquired a tremendous amount of people using it on a regular basis and so in order for bitcoin to phase (which is almost impossible) the so called new digital currency has to acquire more number of people than bitcoin does. And this won't be happening in this decade. So there is no chance for Bitcoin to phase out as long as we live.
6572  Alternate cryptocurrencies / Altcoin Discussion / Re: What encourages you to invest in any altcoin? on: September 28, 2017, 05:08:22 AM
The first thing I do before investing in any coin is read the crypto news on different platforms and gather as much information as I can about the particular coin. That's called as doing your homework Tongue . After that I read the charts and I see how well the coin has performed in the past few days and I make a prediction(although its of no use to make a prediction in crypto) about the coin and then invest the amount into the coin.
P.S. Never invest all your money into a coin. Keep some for future as we will need it to buy more coins if the price decreases.
6573  Alternate cryptocurrencies / Altcoin Discussion / Re: need help please. on: September 28, 2017, 05:03:16 AM
That's the negative/positive point of crypto currencies. Once a transaction is approved and coins are sent, it cannot be reversed unless someone is sending it back to you. I say it negative because once gone is gone and I say it positive because it's impossible for hackers to hack to acquire a refund on your behalf. So pay attention while doing crypto transactions and stay alert as to not sending your money into wrong addresses.
6574  Alternate cryptocurrencies / Speculation (Altcoins) / Re: which alt coin should i buy today on: September 28, 2017, 04:53:08 AM
It depends on how long you are planning on to hold the coin. According to me DGB should be a good coin to invest in right now as it is already at a lower price and apart from that I just read a thread where they told that a new DGB website based on blockchain is being released on OCT 1. The link to the twitter post is https://twitter.com/DigiByteCoin/status/910498664887443456 . So if this is true then DGB might see a spike in the price and it might be a good time now to buy DGB.
6575  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why Ethereum Is Not a Bubble on: September 28, 2017, 04:46:06 AM
Ethereum created their ecosystem and it will not bubble anymore. I still see these prices very low for ethereum.
I believe what you said is quite true. The price of Ethereum is indeed low. It has the potential to be at $1000 but is undervalued and I gues the major reason for it to not increase in price is the fact that major industries use Ethereum as a technology and not as a currency. If the top industries used it as a currency then ETH would be crossing $1000 easily and create a new peak in the market but being used as a technology keeps it at a low cost. I guess when more people adopt it as a currency it will be at a higher price and till then it will be swaying at this price.
6576  Alternate cryptocurrencies / Speculation (Altcoins) / Re: All this Speculation is meaningless or please correct me on: September 28, 2017, 04:36:30 AM
Bitcoin and Altcoin are correlated to each other but not 100%. This is because they are all crypto currency. just like gold and silver.
Yeah that's absolutely correct. Bitcoin and Altcoin have a common relation and that is that they both are cryptocurrencies. So it is natural for them being relevant to each other. But it is not necessary all the time and it does not mean that if Bitcoin goes down then Altcoins will go down for sure.
It all depends on the market demand about a particular coin. 1 out of 10 times I have seen that the market of Bitcoin and Altcoin goes in opposite directions. The coin which has more demand is favorable on the positive side whereas the coins with low or no demand goes down.
6577  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can DGB Achieve Their New High? on: September 28, 2017, 04:24:01 AM
This sounds like a good news for me as I am a DGB lover. I have invested in this coin and waiting for it to reach new heights. DGB has been idle for quite a few months now and I have been waiting for it to increase in price since the beginning. I guess after it releases its website DGB might recover the price and reach upto 600 satoshis and if the CITI bank news becomes true then it will surely reach 1500 satoshis.
I think we should buy DGB now to acquire a good profit later.
6578  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why is INFX pumping? on: September 28, 2017, 04:11:19 AM
Just do a search and it's obvious.  One singular person has posted like 10 threads (in multiple languages) about INFX trying to create hype in the last 2 days.  It wouldn't take much at all for it to jump because the volumes are abysmally low.  Don't get sucked in.  
Yeah , don't get sucked in. People who plan for a pump and dump  usually try to create a hype in the market by telling people it had potential, it is going to increase or they just spread some sort of rumor in order to spread a hype in the market and then when people buy the specific coin and the price increases the pumper dumps all his coins in the market and take out the profits. There is no reason and time for a pump and dump to take place. I have a lost quite an amount money in pump and dump in my beginning days of trading and that's why I advice everybody to stay far away from pump and dump.
6579  Economy / Service Discussion / Re: Is Bitcoincollector a legit site? on: September 27, 2017, 03:15:30 AM
I have not used this site but have come across sites like these in the beginning days of my Bitcoin journey. Who wouldn't want some free BTC right Grin But believe me , they don't add up to make any profit for the time we invested in it. It is similar to faucet paying out a few satoshis for a few clicks on their website. It is just a waste of time since there are other things you could do to earn some BTC. Use the search option and try looking for threads that have methods to earn some BTC.
6580  Economy / Service Discussion / Re: Japan’s Regulators Are Putting Bitcoin Exchanges Under Heavy Surveillance on: September 27, 2017, 02:57:43 AM

This is not good... South Korea, US and EU could follow Japan and this will lead to serious price drop.
They are just trying to ruin all alt-coins and collect taxes under the 'protecting customers'. I guess I will transfer all my coins to Monero and DeepOnion.
I don't really think this would be a problem. How could they "Ruin" altcoins by collecting taxes because the trading fees would be the same for all the coins. Unless they increase the trading fee and withdrawal charges I don't think they will be ruining any coins. Japan would surely be the largest bitcoin exchange as the Chinese have shut down exchanges. Japan is taking a step towards rectifying any future bugs through its active inspection and that wouldn't cause any increase in price. If there is an increase in price then whatever you said might be true. Let us wait and see what the result would be.
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