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6661  Economy / Economics / Re: What Is with The Negativity Around Bitcion...... on: October 11, 2017, 09:17:42 AM
So I get it Ok, When this Bitcoin first came on the scene it was blasted. So as I watch what is happening with Bitcoin I have to say there are just people who speak and have No Clue what they are talking about.

The other observation is what I am reading is all past financial executives. They are really just making a fool of themselves.

I will leave with this if the SEC is getting ready to allow Bitcoin for trading this instrument is valid........

well we have seen the liked of Mr Dimon of JP Morgan recently
slating Bitcoin and there was speculation that he may in fact
own Bitcoin.

anyway after all the recent negativity against Bitcoin we are
looking at a very healthy price.

That is the resilience of Bitcoin at the moment, negative news
and moves only have a temporary affect.
6662  Bitcoin / Bitcoin Discussion / Re: China is Laughing on: October 10, 2017, 09:54:09 PM
China is laughing all day for the past few days because the whole world is under its control and influence. The recent news and rumors of new are all testifying to the fact of how powerful can China be in almost aspects of global play...not just in cryptocurrency really.

Why it came to this sad state? Well, China knows how to plan and it has a long-range goals and one thing is for sure Bitcoin and cryptocurrency may not be included in that global domination vision.

Right now, China can show a tantrum and the whole world can shake. Can you feel now the power of China all over your body (hell, am even using a body wash Made in China!)?

its nice to see a thread like this rise again and nice to view the comments
and especially the OP. Within the last 24hours on Bittrex Bitcoin has reached
$4929, so after all the false news, FUD and panic Bitcoin has regrown to past glory.
6663  Bitcoin / Bitcoin Discussion / Re: Will blockchain technology destroy corporate America? on: October 10, 2017, 09:49:29 PM
no blockchain will not destroy corporate America or any other country
I can see each country embracing blockchain technology but with their
own applications and each one unique to each country.
6664  Bitcoin / Bitcoin Discussion / Re: which is the best for bitcoin? on: October 10, 2017, 09:47:42 PM
I would recommend EXODUS.IO it is a desktop wallet so
you have access to the private keys and it has SHAPESHIFT
built in so you can trade within the wallet with the other altcoins
which it also supports
6665  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM increasing at rapid rate.... update on: October 10, 2017, 03:19:02 PM
It would be nice to know which countries people are talking about?
In my country (ireland) as far as i know there are none  Roll Eyes
I wonder as far as europe is concerned where are the machines located?

We know Italy has 11 and Ireland 0
6666  Alternate cryptocurrencies / Altcoin Discussion / Re: what is the safest way to protect you bitcoins? on: October 10, 2017, 12:40:31 PM
Some pretty solid advice above. There 3 main wallet types
which are the safest, paper wallets, hardware walets and
desktop wallets.

It is important to secure them with passwords, keya and
Authentication. Also it is important to secure those passwords,
etc. Safely and finally there should be a general practice of
Security and to keep it in mind with everything we do.
6667  Bitcoin / Bitcoin Discussion / Re: What do you think about the legalization of bitcoin in Malaysia. on: October 10, 2017, 12:29:34 PM
This of course is good and positive news for bitcoin and crypto in general.
Regulation is needed but as i mentioned in a different thread, it will be
interesting what will be involved in regulation.

If it ensures safe scam free environments for using crypto in all aspects
Without compromising anonimity it will be perfect.
6668  Bitcoin / Bitcoin Discussion / Re: Upcoming Bitcoin Hard Fork on: October 09, 2017, 08:09:11 PM
This is how I think it will go, hard fork will happen with
A lot of bitcoin gold created and which will be absorbed
Into bitcoin and other alts.

I'm not sure gold will reach the heights of cash and bitcoin
might have a little wobble but it will be all good.
6669  Bitcoin / Bitcoin Discussion / Re: How much would a 1$ product cost in Bitcoins? on: October 09, 2017, 04:08:51 PM
Hi,
I found this on the website: "In the future, if Bitcoin becomes truly popular, each single Bitcoin will have to be worth at least hundreds of thousands of dollars in order to accommodate this additional demand." It has to be that way since there never would be more than 21 million Bitcoins.

If I in the future should buy an USB-cable worth 1 USD and 1 Bitcoin is worth 500 000 USD. Would the cable cost 0,000002 Bitcoins?
If so, it would be difficult to quickly get an impression of what the products costs. Its to many zeros.

well the way I look at it is that $0.01c at the moment
in "Bitcoin" is currently 0.00000210BTC so in order for
the lowest denomination of Bitcoin "Satoshi" to be equavilent
to the lowest denomination of $FIAT the Bitcoin value
would have to reach approximately $1,000,000

so 0.00000001BTC = $1,000,000

I think this is what you are getting at ?
6670  Bitcoin / Bitcoin Discussion / Re: Bitcoin illegal in Nepal on: October 09, 2017, 01:57:14 PM
the OP did not include an important bit of information
from the first paragraph of the article  Roll Eyes

here you all go >

This week seven individuals were arrested for running illegal
bitcoin exchange operations in Nepal. According to Nepal’s
Central Investigation Bureau (CIB), the suspects were
trading bitcoins without authorization


Now there are a few KEY WORDS which will have to be noted here
because it seems a lot of people have not read the article....

ILLEGAL

WITHOUT AUTHOLIZATION

so I would take it that there are legal bitcoin exchanges and all
in all this article isnt even worth reporting on.

move along, nothing to see here

 Roll Eyes
6671  Bitcoin / Bitcoin Discussion / Re: Bitcoin growth again, what to do? on: October 09, 2017, 01:51:45 PM
Bitcoin price is now $4,605.I hope that you would have bought bitcoin by this time.By the way you react,i think that you take decisions totally based on emotions.You must avoid it to be successful in crypto field.

Now,you are urging to buy bitcoin on seeing its price increase.So,if bitcoin price drops a little,definitely you would get panic and would immediately sell your bitcoins.Its not an efficient way to earn in bitcoins.

Just be patient and invest in bitcoins only in a long term basis so that you need not have to care about short time fluctuations in price.

Bitcoin may even cross $5,000.So just hold your bitcoins to reap more benefits.

Yes I was going to answer the same really, Bitcoin seems to have come
through all the negative fud and sh1t talk and has its healthy value back.

I recon also that it is good to buy even now because the value will be going up!
6672  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin Gold, Price Speculation on: October 08, 2017, 10:18:19 PM
Bitcoin Gold could very well take the same path as Cash,
big interest and big pump initially and when people start
trading it into Bitcoin and other crypto it will slide back.

Bitcoin is where the interest is and people may try to gain
extra coins ahead of the next fork.
6673  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Withdrawing NEO from Bittrex on: October 08, 2017, 06:08:59 PM
ah I was wondering why the wallet was in maintenance mode
a few days ago, I havent checked it yesterday or today
so this is a surprise to me.
6674  Bitcoin / Bitcoin Discussion / Re: The head of Mexico commented on bitcoin on: October 08, 2017, 06:06:00 PM
Agustin Carstens, head of the National Bank of Mexico, said about bitcoin. Karstens said that bitcoin is more of a commodity than a currency, and added that he does not have anything to ensure his accounting in the financial system. According to him, since bitcoin is not supported by either the government or the Bank of Mexico, it does not fall under the existing currency definitions. In addition, he warned about the problem of cybersecurity and stressed that the safety of users should be ensured. Finally, he noted that the authorities will soon propose legislation regulating financial technologies, such as crypto-currencies. Smiley

That guy is not the head of Mexico. I do not know how to spell the head of Mexico's name, but I can guarantee you it is not that guy.

you are right, he is not the head of Mexico, he is the head of the National Bank of Mexico

this is good news though.
while not banning bitcoin we may see a move by Mexico similar to Japan and Australia
6675  Bitcoin / Bitcoin Discussion / Re: how do you buy bitcoin? on: October 08, 2017, 06:01:05 PM
I buy from exchanges also! although I havent bought in a while
Bitstamp
Litebit.eu
anycoindirect.eu
coinbase

6676  Bitcoin / Bitcoin Discussion / Re: Why Europe participates "little" in Bitcoin? on: October 08, 2017, 05:03:02 PM
im not surprised about the euro trading but what really stands out
from the pie-chart is Japans volume which is massive and in contrast
Chinas which is similar to Euro, I thought China was a bit of a
powerhouse with Bitcoin? are they using Dollar trading?

Juggy777 may be right with his analysis, the chart may not be
depicting the correct breakdown
6677  Bitcoin / Bitcoin Discussion / Re: Possible Bitcoin manipulation by banks on: October 08, 2017, 09:51:50 AM
Inwould have thought that the markets are being manipulated
to some degree either directly and/or indirectly.

I dont know but maybe as the market gets bigger its harder
To manipulate or the effects wont be as severe, thats just
Me thinking out loud, i have no scientific proof for this  Undecided
6678  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GNT] Golem Project - The world’s most powerful supercomputer on: October 08, 2017, 09:31:28 AM
This isn't first time when price are dropping we have seen similar situation many times before as well. Alternative coins markets were on decline for last couple of days some of them came out successfully and few are still facing same trend. It will change the direction and green candles will be everywhere again.
I hope so. I will HODL long term because the project is promising. GNT will be a good pick, you just bought at a bad time give it time and you will be crying you didn't buy more at this price.

I sold by GNTs for a while ago. I've been thinkg of gettin them back and it's seems good time to do that. Not decided yet though Cheesy
The dump is deep now and it could be a good time.

Yeah it is really deep. Many coins got dumped hard lately. Better trust solid projects and sometimes shouldn't care the price.

We are still seeing the negative results of the China ICO
Scenario. I traded some of my Golem a few weeks back.

I like the project but i would like to find out what is
Going on with the development side of things before
I get back into it
6679  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto "who" or "what" is it! on: October 07, 2017, 09:42:53 PM
Is Satoshi Nakamoto really four electronics company combined work??

Sa-msung

Toshi-ba

Naka-michi

Moto-rola

 Shocked Shocked Shocked Shocked

Also they support Bitcoins!

An interesting concept or a possible coincidence, who knows...

Bitcoin doesn't have to be related to electronics, I saw a
company today advertising "refrigeration and tail lifts" they
are not related.

Everyone knows about satoshi nakamoto and his creation
but do we really need to find him?


6680  Bitcoin / Bitcoin Discussion / Re: Japan leader bitcoin? on: October 07, 2017, 08:48:32 PM
Japan officially recognized bitcoin as a method of payment, creator of Bitcoin is said to be possibly Japanese, and Japanese telecommunications company GMO announced its plans to invest $ 300 million in the first half of 2018 for Bitcoin mining,  I can see why Japan would be one of the leading countries in crypto.

Now that's an interesting bit of information, Japan along with
Australia seem to be realising the potential of crypto.

Does this also mean that Japan will replace China for the
mining of Bitcoin?
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