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6641  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][AIRDROP] EtherGreen - GREEN token! How can we help nature? on: January 16, 2018, 08:02:18 AM
Hello devs. I already received my token. Does your token already in the coinmarket?
Token is listed on Etherdelta, You can buy and sell there https://etherdelta.com/#0x108caf59641fc5d27502a87e641872b62d606ae2-ETH

I am not able to find the token in EtherDelta. The link above is lot directing me to the Green token. Also I see that the token is unlisted from Idex as well. What's going on? The website of this token is also not available. I believe it's all gone. All the best to those who have invested their hard earned money in to this token.
6642  Bitcoin / Bitcoin Discussion / Re: bitcoin might be like IBM on: January 16, 2018, 07:55:15 AM
am i the only who is worried that bitcoin might be like IBM we have seen it before one product controls a market then a competitor comes in and the previous king is left in the dust

That's somewhat true! When a company feels complacent about their market position and thinks that they will never be taken down by any competitor, that's when the downfall starts. To survive through the hostile competitive market, the leader of company should always evolve their products and business models. If they feel their products are second to none even after facing huge competition, they will see the downfall doe sure. That's exactly what is happening with bitcoin as well.

We all know that lightening network is the need of the hour. Implementing LN can help survive bitcoin and resolve the scaling issue once and for all. If the things are moving to similar direction like the current situation, bitcoin will be taken over by a worthy contender for sure. It needs up gradation to survive and if it's not done, everything will fall into pieces.
6643  Bitcoin / Bitcoin Discussion / Re: Would korean shut down bitcoin exchange? on: January 16, 2018, 07:47:44 AM
Currently there are some news report about korean government. The report say the government there has great concern on bitcoin. Bitcoin has been very popular in korean. What we saw is that the price of altcoin is much higher in korean than the average around the world. However, the unconfirmed message about government's decision now gave a bit hit on bitcoin price. What we saw these two days is the continuous decreasing of all in the market. What if korean really close up exchange? It may pull the price down to zero!!!! I guese. So, do you think whether korean would shut down bitcoin exchange? Would that also lead other governments(like US or China) to close exchange? what if all exchanges are closed up in the world?  Cry Cry Cry

We both are on the same page. We have been hearing this news from quite some time. It is true that bitcoin and altcoin's value in Korean exchanges are really higher than any other exchange, almost 30% higher. So the risk of money laundering is way higher in the Korean exchanges compared to any other exchange. However, the Korean government has not yet come up with any concrete notification about this ban. It is speculated that Korean government will ban bitcoin and altcoin exchange like bithumb or Kraken, but no one knows for sure.
6644  Economy / Trading Discussion / Re: Is there the possibility for someone to control the cryptocurrency market on: January 15, 2018, 09:26:28 AM
It is definitely possible but really hard. You need to have few billions of dollars to manipulate the market and to create a lots of fake orders. Which is theoretically possible but really really hard to execute. You need to have a big group with you who will actually go to the market and control the actual game for you. It is called pump and dump game but only with a large amount of investment and a big group's support, it is possible.
6645  Economy / Economics / Re: Many new rich people are created from Bitcoin on: January 15, 2018, 09:10:34 AM
bitcoin prices continue to rise as this is one of the causes of increased bitcoin users, whose goal is to change a much better standard of living, give your feedback on this?

That's absolutely true! Due to bitcoin a lot of young age people have found an alternate profession leading to a better life and financial security. Also it has helped the employment scenario because a lot of people have taken the bitcoin very seriously and they are committed to ma ke a profession out of it. They are not actively looking for jobs. Specially in my country, where the employment scenario is worst, it has helped a lot of people to get a decent income every month to a better and decent lifestyle. Any government who is willing to ban bitcoin, should also factor in this scenario, before they come up with any concrete decision.
6646  Bitcoin / Bitcoin Discussion / Re: Is it possible to shut down the mining field in the future? on: January 15, 2018, 08:55:41 AM
Bitcoin mining requires serious amount of power and it is provided by the government. In majority of the countries government provides power in a subsidized rate, so if anyone is running a commercial mining operations like selling haspower to the open market, government can certainly regulate this because they are making profit from the subsidized electricity. Till date only China has started to regulate the bitcoin mining operations and slowly they will close all commercial mining operations.

However, if you are mining from your own profit and not selling the hashrate to the market, your mining should not fall under the regulated category and your mining operations can still receive subsidized electricity. But again, these decisions depends on your local government. So it is better if you check with your local government representative about this.
6647  Bitcoin / Bitcoin Discussion / Re: Who is guaranteeing the value of bitcoin? on: January 15, 2018, 08:44:07 AM
Not a single entity but everyone! Bitcoin is a decentralized currency and hence the value is not guaranteed by any single entity unlike government currencies. Instead the price is decided by the market following open market trading practice. It follows a simple demand supply rule. Since bitcoin has a limited supply in the market, if demand goes up, the price will be higher. But if the the demand goes down, the price will be lower. Even though the demand depends on various factors, but that's the basic reason for bitcoin's price fluctuation and deciding factor.
6648  Bitcoin / Bitcoin Discussion / Re: List of central banks considering their own crypto on: January 15, 2018, 08:30:03 AM
Add India.
The governemnt is yet to come up with a concrete policy and most announcements till now are the same uninformed blabber about "its not legal tender" etc. Reserve Bank of India, the central bank has formed a committee and there is talks about launching of Indian's own crypto called "Lakshmi".

Ohh! Is that true? I know that India's central bank and formed a committee and they are still debating about the future of crypto currency in India but I didn't come across any news that they are thinking of launching their own virtual currency called "Lakshmi" anywhere. Can you share any link to read more about it? Because google search is unable to find any related news. If this happens, then Indian crypto community will stay in profit without thinking about any legal implications.
6649  Economy / Trading Discussion / Re: BTC, an alternative to Paypal? on: January 14, 2018, 05:48:52 PM
Hi.

I came to BTC as an alternative to paypal. 

I provide online services and get paid via paypal.  My account got locked up, and I need a new way for customers to pay me.  The question is, how can my customers and I use BTC for this purpose?

I want to tell them something like: "Go here, buy some bitcoins with your currency; then send me the coins." 

And most importantly, I want to be able to take my coins, and convert them back into my own currency. (USD)

Is there a way to do this?

Thanks.

If you say that paypal is an alternative to you for receiving payment for your services, I will agree but both bitcoin and paypal are structurally very different. Paypal is strictly centralized and works with conjugation of the local government. Paypal follows different rule for different countries. Like in India, users are not allowed to keep any dollars in their paypal profile more than a day. If they keep it, then paypal will automatically send that amount to your connected bank account. Where as the rule for bitcoin is same for any country in the world. Where ever you go, bitcoin network will support you the similar way.

However, to answer your main question, you can suggest your customers about Coinbase and localbitcoins. These two websites are most convenient when buying bitcoins. Coinbase has some country restrictions, so it is better to check their faq sections for the allowed countries, but localbitcoins platform is open for all. DO a little research and you will know these platforms better. 
6650  Economy / Trading Discussion / Re: I want to invest $ 100 to earn 50% in a week, in which currency to invest? on: January 14, 2018, 05:29:15 PM
Thank you for your contribution, I would like to start investing, and it would be good extra information from you. Greetings from Venezuela

I won't say it is impossible but hard. No one knows for sure which coin can give you that much return on a weekly basis especially from investment. However, if you trade then it will be much easier to earn $50 per week or even more. Whatever exchange you join, take a close look at the chatbox of that exchange because the most valuable information usually first pops up there. Also try to join some pump and dump group in telegram so that you can take even more informed decision. But trading is the only method which can fetch that much return. Investment looks real hard unless you have some certain news about a particular currency.
6651  Bitcoin / Legal / India's largest company Reliance planning for its own virtual currency on: January 14, 2018, 04:55:51 PM
As the subject line says, India's largest company Reliance planning for its own virtual currency in the brand name of Jio Coin. Even though the company didn't release any official notification regarding it, but big business newspapers have reported this news on Last Friday (1/12).

The concern is, India has not yet made bitcoin or any crypto currency a legal tender. A committee is formed by the finance department and they are still debating on the potential outcome. But if Reliance launches its own virtual currency like Kodak is doing, do you think India will make bitcoin a legal tender? What kind of implication Jio Coin will have on Indian crypto community?

The news:
http://www.businesstoday.in/current/economy-politics/mukesh-ambani-reliance-cryptocurrency-jiocoin-virtual-currencies/story/267914.html

Share your thoughts!

Edit: This news is a rumour and Reliance is not venturing into crypro market space now.

https://gadgets.ndtv.com/apps/news/jio-cryptocurrency-app-jiocoin-launch-fake-1807127

Please ignore the thread.

6652  Bitcoin / Bitcoin Discussion / Re: Who knows? When is Bitcoin growing? on: January 14, 2018, 04:28:34 PM
If you have a strong trader, write down the answer.

Even though I have been trading since some time but it is impossible to say when exactly bitcoin will be going up. It seems like bitcoin price is going up an down between $13k to $14.8k since quite some time now. It is neither going below $13k nor going above $14.8k. Due to the scaling issue, bitcoin is already facing a lot of heat from the investors worldwide and I believe due to this reason only bitcoin is behaving like that. No one knows for sure what comes next but if the scaling issue can be taken care by implementing Lightening network, the price will go beyond $20k very quickly. So you can start accumulating now.
6653  Economy / Trading Discussion / Re: Buying from ICO or trading altcoin. on: January 13, 2018, 06:43:50 PM
Which is more risky buying a token from the ICO or in trading?

Both of these methods consists of some risks. While the risk associated with ICO is dependent on your activity, the risk associated with trading depends entirely on you. We don't have any regulatory authority for the ICOs, so we are pretty much investing in something which may or may not come up with the final product or simply run away with your investment. But in trading, you are the owner of your own decisions and mistakes. This is the difference of risks between ICOs and trading. But if you ask me personally, I prefer trading, because it can fetch you much higher return than any other form of investment in crypto currency market.
6654  Economy / Trading Discussion / Re: New Coin $0.00 on exchange.. What price do I pay? on: January 13, 2018, 06:26:12 PM
It is better to stay away from such coins/token because they don't have any value in the market. It is probably the owner of that token is trying to warm up the market and nothing else. Usually tokens with a future potential will find at least some value in the market. But tokens with no future potential will take such routes to warm the market up. It is best to avoid such tokens or coins at any cost. You may end up loosing all your investment.
6655  Bitcoin / Legal / Re: Do ICO's have any legal obligations? on: January 13, 2018, 05:52:42 PM
Definitely there are! ICO is a very controversial method of raising funds and I am sure Kodak has not announced any ICO. Instead they are going to sell mining rigs and introduce their own digital currency. Even a big Indian corporate known as Reliance is planning to launch a new coin in the name of Jio Coin in India. But I am sure they are not going to take the ICO route. Instead they will try to fuse their currencies through some different methods.

USA and China already banned ICOs. Canadian government has started cracking down suspicious ICOs. So definitely there are legal obligations. But when a big corporate like Kodak and Reliance coming in to this market, they will definitely take precautions and all possible legal help to make their projects successful. 
6656  Bitcoin / Bitcoin Discussion / Re: MAD WITH MY PARENTS !!! on: January 13, 2018, 05:47:59 PM
my mother said hey you don't you ever try to deposit any of what your'e doing online or I gonna kill you. my father said its fake you even didn't make any money out of that,


my side okay . I did not say anything at all and remained silent . hopefully I will be a millionaire after these year and I will present them what I make out of bitcoin -__- .
Main reason for these is ]there is a flash news that bitcoin is used in scam and what they watch about Xian Gaza on facebook[/b] and they knew that I am literate about  bitcoin thats basically the main reason why they stooping me . but I will not hahaha

all of my initial investment is in altcoins and hoping to increase it hundred time in order for my parents to get convinced about crypto "BITCOIN"
do you guys have the same situation as mine? let me know and maybe I can get ways and tricks

Convincing parents is a really tough job because they mostly consider the old values while taking a decision on anything. I still remember my fight with my dad when I asked for my first mobile. But at my age now, I understand how hard it was for them to understand a new technology or a trend. So don't blame your parents, they don't know the power of bitcoin or crypto currency. They probably have heard bad things about bitcoin from someone at their age. You don't need to inform everything to your parents. Instead save your pocket money and invest in cryptos. Once you make some nice profit, don't forget to take your parents out for a dinner. Because at the end of the day, they are your biggest asset in life.
6657  Bitcoin / Bitcoin Discussion / Re: Global Markets eye India, as a good option for Crypto Mining on: January 13, 2018, 05:40:46 PM

Global Markets eye India, as a good option for Crypto-Mining

Will this benefit India, given the infrastructure?

How does this effect the overall environment? (Noise, Air pollution)

Will the Indian Goverment, use this as an opportunity/waste this away, and leave the young generation in the lurch?


This is my 1st post ever on this forum, apologise if this is sensitive, but this is something which all should be aware of.

Kindly express your views. Global opinions are most welcome.

Viva la Crypto

Shawn BTC



Indian government will not see it as an opportunity for sure because in most parts of India, electricity is subsidized. With a lot of villages still out of the reach of electricity grid and lower supply than demand, it will be an waste only. If mining becomes a serious business in India, the electricity scarcity will become even prominent and many villages will suffer from the lack of it.

Also the current government of India is more interested in religion than development. They want our youth to worship the Gods and create communal clashes instead of working for a better future. I expect nothing good from this communal government. 
6658  Bitcoin / Bitcoin Discussion / Re: Need Help about Wallet on: January 13, 2018, 04:13:12 PM
As you all know about the Bitcoin rate are decreasing nowadays, I'm new to Cryptocurrency so anyone who has knowledge about could tell that which currency has potential and good to invest in Huh

The subject and the matter of the thread is not matching. What is your actual query? If you talk about the crypto currency price going down, then you must understand that it is the normal dynamics of crypto currency market. So there's nothing to worry about. Also the outlook of the market changes form day to day. So if a crypto coin looks good for invest, that may not be the case tomorrow. Take my example, I have bought ripple when the price was at $3 each. I had some money lying idle in the exchange so bought around 35 ripples hoping the price will go up. But if you look at the current market price of ripple, you will understand I have lost 60% of my investment value. Also ripple has come to the third position from the second and ETH took over the second position. So use your own intuition and invest accordingly and don't forget to diversify.
6659  Economy / Service Discussion / Re: recommended lending sites? on: January 13, 2018, 09:31:22 AM
Lending is not a safer option to earn bitcoin. I used to very active on btcjam and given out loans around $1000 USD through their platform. Sadly, I lost majority of that investment because people simply didn't repay me back. Since then I stopped lending business because there is no actual governance present in that market. Even after the lending platform verifies the profiles before activate them in their platform, but if those person runs away with money, no one is there to actually get hold of that person to recover that amount. So I strongly recommend you not to use those platforms. In recent times, I only know btcpop is an active lending platform but think before your leap in that market. 
6660  Economy / Exchanges / Re: Binance Adds 240,000 Users in One Hour!!! on: January 12, 2018, 10:19:02 PM
Hong Kong-based cryptocurrency exchanges Binance is adding “a couple of million” registered users every week, with 240,000 people signing up in just an hour on Wednesday, CEO Zhao Changpeng said in an interview with Bloomberg Television.

The news comes as Binance announced on December 10 that 5 Million Users have registered on the exchange.

Source: https://hype.codes/binance-adds-240000-users-one-hour

It shows the demand for bitcoin and crypto currency is still robust and even going stronger. It is just the bitcoin network issue that is bringing the price down. If the network issue can be taken care, there's no looking back.

Due to the exponential growth of bitcoin price it has raised quite a few alarms in the government's financial department as well as increased the popularity to manifold. That is reflecting in the numbers of new registration that binance has got. The only pain point is the scaling issue.
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