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6661  Economy / Speculation / Re: Your Bitcoin Assets on: March 28, 2017, 08:17:16 AM
I am holding plus trading to increase the stash that I am holding. I barely cash out profits to fiat as in 95% of the times, the profits in BTC go through a mixer and then straight to one of my cold wallets. I started out with $10K as trading balance in 2014 and I am still using that exact same balance to trade with. In short - since then I haven't even put a single extra penny into Bitcoin. I just grow my holdings through trading.
6662  Economy / Speculation / Re: Bitcoin plunges currently at $929! on: March 27, 2017, 09:43:51 AM
I guess bitcoin dumped because of the spread of BU FUD and people getting afraid into it. I think it is non sense to be afraid of it though since even if it happens we would get the same amount of bitcoin on BU when hardfork happens anyway.

Double number of coins doesn't mean that it will result in you actually getting a major benefit from it. If there really happens to be a chain split, then it will cause a massive downfall in the price of Bitcoin. I wouldn't even be surprised to see a short term decline to levels around the $300's. Your actually benefit will then have to come from you scooping up cheap Bitcoins, and not from having an equal number of BU-altcoins.
6663  Bitcoin / Bitcoin Discussion / Re: SegWit (26.8%) vs Bitcoin Unlimited (32.2%) on: March 27, 2017, 08:44:20 AM
I still don't understand how miners could continue to support it though, I mean a lot of exchanges and wallet already made statements about not supporting BU as the original BTC, instead it they will support it as an alt or not support at all.

At this point they are only signalling support for BU through their minted blocks. Large farms know exactly that it isn't profitable to mine an altcoin that might have a value probably below the 10% mark of the real Bitcoin. I think it's more some sort of a warning to trigger Core devs to agree to a mid-way solution. Or they must have such a hidden agenda, that they will take the risk and force through a hard fork anyway. I think the first mentioned is the case. Either way, it's a nasty situation as the uncertainty is the main factor that is causing all this panic among people.
6664  Economy / Speculation / Re: So you decide to sell now that Bitcoin is < $1000? on: March 27, 2017, 08:26:26 AM
I mine the altcoins. I usually sell most of the mined altcoins to buy the bitcoin. It might change if the bitcoin price does go lower.

Change in what way? That you stop converting your minted altcoins to Bitcoin? If so, then that wouldn't really make any sense as the lower the price is, the more incentive people have to obtain Bitcoin either through converting their altcoins to BTC, or their fiat. I can however understand that if you operate a physical mining rig that you have certain expenses that need to get covered, but you can also choose to convert like 50-75% of your minted altcoins to Bitcoin, where you use the rest to cover expenses. Including more details would be a helpful thing, because now people can only guess what your situation might be.
6665  Economy / Auctions / Re: [Domain] FreeEthereum.co on: March 26, 2017, 10:03:32 PM
I will start the bidding for you at 0.01btc
Thanks for the bid.

Anything else included with this site? Cheap host direction perhaps?
Because the buy it now price was half of what it is now after the revision was made. So there has to be a reason for this. The price of btc didn't decrease that much since you last posted to start the auction. Undecided
I always sell just the domains - no files or hosting or other related things were ever included. Reason for the BIN to drop in coin quantity is the price that has nearly doubled since putting this auction live, plus I want to move this domain a lil bit faster. Smiley
6666  Economy / Auctions / Re: [Domain] FreeEthereum.co on: March 26, 2017, 09:50:29 PM
Bump with a few adjustments.

# Start bid : 0.01BTC
# Minimum bid increments : 0.001BTC
# Buy now : 0.03BTC
# Auction duration : 24 hours after last bid.
6667  Economy / Economics / Re: Can you really make money on Forex? on: March 26, 2017, 09:40:25 PM
I'm not an expert on trade at the exchange, but it seems to me that it was a fraud. This exchange can only be earned by its founders. That is why they invest so much money in advertising. I personally do not know one single person who would have won money there. It seems to me that this is a banal pyramid.

The FX market is a wide field where there are plenty of FX brokers offering people the ability to start trading basically the entire day. What broker are you referring to? Other than that, the FX market isn't a joke. If you don't know what you are doing, you'll be burning through your capital in a very short time. Especially if you are jumping into options (which I consider to be pure gambling).
6668  Economy / Speculation / Re: Looks like 2000 next month on: March 26, 2017, 08:50:52 PM
Once people hear they can double spend their investment, they are going to moon out both bitcoin versions. They should buy more coins already because their investment will be double leading to even wealthier prosperity!

People will only have a double number of coins in case there has been an unsuccesful fork. But yes, if I just take your words mildly into consideration, if you buy now, and there happens to be a fork, then you'll have more coins. Another thing is that you'll only have a double number of coins till the moment the chain split has taken place. If you buy Bitcoin after the split, you will not have the same number of coins in the other chain. The other chain, in this case BU, will then be a completely different coin, generally referred to as altcoin.
6669  Bitcoin / Press / Re: [2017-03-25]BitPay Won’t Use Bitcoin Alternatives For Payment Systems Despite Sc on: March 26, 2017, 04:04:29 PM
Anyone claiming that sovereign states and banks are immutable and will exist forever without competition are simply deluded.
Who said that? No one in here...

Bitcoin and its future evolution will no doubt change the financial landscape, and has already.
That I can definitely agree with.

Thinking that a bank will be the only way people transact globally is short-sighted at best, and obtuse at worst.
Again, who said that?

Given the colossal amounts of debt sloshing around global financial systems, there is a very real risk of systemic default and its cousins (devaluation into hyperinflation) due to the continued belief that "faith and credit" in the system is enough to prop up Trillions in debts.
I agree with that.

So again, you don't have to be a "noob" (what is this, a video game chatroom?) to think that banks will get replaced, or governments will fall -- they're doing a bang-up job screwing themselves without Bitcoin's help.
I never said that banks won't get replaced at some point, nor did I say that governments won't fall. You are just cherry picking.
6670  Bitcoin / Press / Re: [2017-03-25]BitPay Won’t Use Bitcoin Alternatives For Payment Systems Despite Sc on: March 26, 2017, 03:39:31 PM
While many expected bitcoin to replace the use of credit cards and replace the banking system in 2013
I have only seen noobs publicly stating that they think Bitcoin will replace banks, governments, fiat, etc. No one with a serious understanding of how an economy works will ever think that Bitcoin has the ability to replace any of the mentioned examples.

the cryptocurrency has faced challenges as a payment system since it has not been able to safely accommodate its growth, according to Nasdaq.
This is something that people could have seen becoming reality years ago. Bitcoin back then wasn't an ideal payment form, plus it was just a matter of time before the block size caps were reached till a point that there is more demand for block space than is available. Nothing surprising about all of this.

Other than that, basically every altcoin will at some point go through what Bitcoin is going through right now, if they happen to experience the same level of growth. But that's obviously not something noobs understand as they constantly point at Bitcoin being much slower than altcoins (slower in terms of confirmations). They can't think things through properly. They see what they want to see.
6671  Economy / Speculation / Re: Sell or wait? on: March 26, 2017, 02:48:52 PM
I strongly believe you can do both the selling and holding(waiting) of bitcoins, and at the same time grow your holding &  make a profit from it.

That's what most smarter minded people here do. If you look at what rookies are doing, then they basically force themselves to do one thing, while as you also pointed out, you can do both long term holding, and short term trading in order to fully utilize the frequent level of fluctuations that Bitcoin experiences. It's just a matter of allocating a certain percentage of your stash for the long term, and a certain percentage that will allow you to scoop up short term profits. But then again, no matter how many times you advice people to do something, they will just follow their own route as they are self appointed experts of the market. Cheesy
6672  Economy / Speculation / Re: Bitcoin dropping like a stone on: March 26, 2017, 02:00:03 PM
It happened before, a few months ago, and we recovered from that as well.    

Maybe we can recover this time, but I'm not sure with all the FUD right now.

The market falling to low $900's, and even slightly below $900 for a brief moment, don't really mean anything. It's the demand that matters as it is constantly lifting up the price after basically every dump we have experienced in the recent weeks. In that regard, you can even say that the market is moving in an obvious repetitive pattern that allows traders to ultimately benefit from these price swings. It's a great opportunity for basically everyone with the ability/understading to exploit these patterns.
6673  Economy / Speculation / Re: Crash and fear are increasing. on: March 26, 2017, 11:22:14 AM
According to your experience level I don't think that you should Express your thinking about the bitcoin in this way .
Because I am in the bitcoin from 2 years and seen many pump dump fall and down but never thought that its price goes down forever because it is usual for the bitcoin to change in the price with high peaks .
So here just be positive with the price of the bitcoin and buy Some bitcoin to make better profit for the future .

Kwukduck is just an ultra-trolling-bear trying to make rookies believe all nonsense he drops here when the price goes down. Most people here became immune till the point that they don't believe anyting coming from him, but as you know, Bitcoin is growing on a daily basis, and thus there are newbies he is looking to reach and (attempt to) negatively influence.
6674  Economy / Speculation / Re: BTC price fall.Where will it stop? on: March 26, 2017, 09:54:24 AM
If the fork really happened then we will see around 500$-700$, but if the fork canceled we will see the price stabilize at 1100$, hopefully the price will back to normal and more investor will invest again

If something (the fork in this case) isn't in progress, then there is also nothing to be canceled. People make themselves go nuts while nothing has happened, and nothing even was about to happen. It was a potential fork, and it still remains a potential fork. It's the crypto related media channels (e.g. news sites, social media pages, youtube, etc) that add oil to the fire to create an unneeded level of panic. People as always swallow everything so easily, that the market takes a nose dive (decline that we experience right now) for nothing.
6675  Economy / Speculation / Re: Looks like 2000 next month on: March 25, 2017, 09:24:30 AM
I also hope that happens, and hopefully that OP said would become a reality. But look at the price of bitcoin that still too volatile right now I think to reach $ 2,000 will take time, and this can not be achieved next month (too short). So we have to be patient to wait bitcoin reach $ 2,000 because bitcoin is still too far away to reach it in just one month.

Without all of current over-exaggerated drama coming to an end with a decent solution, there is no possibility of seeing prices anywhere near the $2000 level. As long as there is no solution, this scaling drama will continue to last and continue to influence the market in a negative manner. Scaling is the last negative aspect that is holding back Bitcoin's growth. If we (ahum, miners) manage to come to a viable agreement that everyone is somewhat satisfied with, then we have gotten rid of basically every negative aspect.
6676  Bitcoin / Press / Re: [2017-03-25]Why The Bitcoin Miners Are Destined To Lose The Hard Fork Wars on: March 25, 2017, 08:56:55 AM
but first I want to know as a BTC buyer I am going to win or loose in long run.
In the long run everything will be just fine, but the short term can turn into a complete mess in case the chain split really happens. But the thing is, it's only speculation that doesn't hold much value as we speak. It's good that people look at the risks and everything, but it's unnecessary for anyone to over-exaggerate this whole situation. If I was to advice you in case you haven't bought any coin yet; If you happen to buy yourself a position into Bitcoin, then just make sure you have enough fiat aside that you can put into action, just in case. We might even test the $800 level within a week or so.
6677  Economy / Speculation / Re: Is Bitcoin in a bubble right now? on: March 25, 2017, 08:00:09 AM
Yes, i definitely think that bitcoin is in a bubble right now.
LOL!

The price is too high for no reason in my opinion, even after the ETF was rejected and there are rumors of a hard fork(actually not rumours now but rather a very real probability that there will be a hard fork)
It's still a potential threat of a hard fork, and that's all it is. People wildly speculate while they have no clue about what will happen. It's all speculation that hold no value. The only entities knowing what will happen are the miners themselves. Nothing has changed in that regard.

I’d rather see bitcoin at a $800 level than at a $1000 level right now, that would reflect that the bitcoin price isn’t inflated.
Bitcoin at $1200-$1300 could be seen as inflated, but not when it sits at $1000 as that was somewhat of a steady point.

But still, i don’t mind having a chance to sell expensive coins… I’ll sell now and buy back later.
Good luck with that, and I am sure people will thank you for your coins at current levels. Smiley
6678  Economy / Speculation / Re: Scaling is solved tomorrow, what effect on the price and perception? on: March 24, 2017, 04:04:25 PM
I definitely think so. This whole scaling drama has been covering the whole Bitcoin ecosystem with a layer of nasty dust. Each time I see the price go up I am happy to see that, but I directly also think about how sustainable the growth will be from current levels. I seriously don't think we'll come anywhere near $2000 as long as there is no viable long term solution found. I am quite sure that serious investors are holding back exactly because they don't want to get involved in a 'fight' between people's egos and greed. I can't blame them for that. If things go wrong, then they go horribly wrong. In that regard, they better are better off waiting on the side line till things are settled.
6679  Economy / Speculation / Re: Bitcoin Price Up And Down on: March 24, 2017, 03:51:45 PM
I'm not scaring people.
Not? I advice anyone to browse through your post history to see what kind of anti Bitcoin preacher you are.

I'm just atating the facts.
No you don't. It's not for nothing that you are probably sitting high in people's list of trolls.

If BU gets adopted we have an even bigger problem than we do now with the scaling issue. BU is fundamentally unworkable, this has been extensively explained in other topics. But people don't care about technical and fundamental workings, they care about hype and getting rich quick.
BU enjoys fake support. Everyone else can just continue supporting Core in the exact way they do now. It's not profitable for large mining farms to mine coins valued a tenth of what Bitcoin's exchange rate is. I am sure they are well aware of that. I wouldn't even be surprised if this whole hard fork doesn't even happen.

Ruining bitcoin in the process.
I am sure you will fiercely contribute to that.
6680  Economy / Trading Discussion / Re: Why you should consider investing in bitcoin on: March 24, 2017, 12:29:43 PM
By simply buying it at lower price, we can actually had a legit investment by holding it for a longer time.

And when the price is already good, we can sell it and get the profit that we are waiting for.

You make it seem like it's a piece of cake to make profits this way, but do you realize how many people are losing because they don't know when to enter and leave the market? Then we have people that buy at a certain price, and directly sell at a loss at the time the price goes down. Reasons being; lack of market understanding, lack of Bitcoin understanding, lack of common sense, lack of steel nerves, lack of the ability to seperate fud from reality, using money that isn't meant to be invested, etc. In reality it's only a very small group of people that end up making profits. All other people just end up holding the bag, or making straight losses.
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