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6701  Bitcoin / Bitcoin Discussion / Re: Do you consider yourself as experienced traders? on: September 30, 2017, 08:56:49 PM
Well Im certainly not an experienced trader and probably never will be.
I just don't sit on front of the screen all day so I miss most trading opportunities.

I read somewhere that only 10% of traders actually make a profit and only 1%
Of those make a profit regularly.
6702  Bitcoin / Bitcoin Discussion / Re: Bitcoin phased out on: September 29, 2017, 08:02:46 AM
What if someone creates a better digital currency? Will bitcoin be phased out? And how likely  is it for that to happen?

yet another FEAR based thread.

There may be coins in existence according to some which already
are better than Bitcoin but its about acceptance and adoption and
right now the coin with the most acceptance and adoption is BTC

no one ca tell what the future holds so dont worry until it happens,
IF IT HAPPENS AT ALL
6703  Bitcoin / Bitcoin Discussion / Re: Are you a True Believer? on: September 28, 2017, 04:18:29 PM
I truly believe in bitcoins. I believe it is the future of finance and it will forever change how we use money. However, I would say that bitcoins is just a jump off point of sorts and I think governments will just adopt the concepts and frameworks it has laid down. What will happen is that governments will ditch physical paper money and coins and go with cryptocurrency in their own way.
Actually, I also believe on the great potential of bitcoin and I think it will become our world currency. In addition to that, I do believe that bitcoin will be our future money in which you can use it in all kind of transactions even in offline store. I do believe that bitcoin will help me to become rich in the future.


I agree with michkima on his points but.I as regard a world
currency, maybe but as it is now, running along side
a government controlled one.

Im a true believer in bitcoin but yes the OP's point about
Bitcoin not being used as it was intended is because of the fees
6704  Bitcoin / Bitcoin Discussion / Re: Another wall street idiot, this time, Jordan Belfort calls bitcoin a fraud. on: September 28, 2017, 12:51:37 PM
What theae people asy in public does not mean much,
a lot of them hold bitcoin anyway.

I think it only advertises bitcoin in the long run and
possible helps to introduce more people to bitcoin
6705  Alternate cryptocurrencies / Altcoin Discussion / Re: What encourages you to invest in any altcoin? on: September 27, 2017, 09:44:30 PM
real world application is something important for an altcoin
but we dont know how a particular altcoin dev team are
going to market the product and also we dont know what
the interest and useage is going to be.
6706  Bitcoin / Bitcoin Discussion / Re: Bitcoin and september 30th on: September 27, 2017, 09:34:36 PM
I'll be holding as well, I am not interested in playing the market
especially with all the panic and FUD. i a also expecting a bit of
a non-event but if the price does fall again I wont worry.
6707  Bitcoin / Bitcoin Discussion / Re: "Japan Considers Launching J-Coin, Eliminating Cash Before Tokyo 2020 Games" on: September 27, 2017, 04:55:39 PM
i have recently read the article that there is possibility The J-Coin is intended to function in tandem with the Yen, rather than replacing it so if this is happened the effect maybe for bitcoin itself not for Yen as Japan the current currency and we all know currently Japan is one of the biggest market for bitcoin and if Japan launching J-coin which mean people at there will more likely to use J-coin rather than bitcoin


now this is a very interesting thread topic!!!

Im not sure I agree with Nahl above, OK J-Coin may be
a blockchain based currency but it will be centralised
which will be completely different to Bitcoin.
It might introduce more people to Bitcoin though.

Here is the real reason behind the move >

"The service for the coin would be offered freely but would be a means
of tracking transactions that is far more complex in a cash-based society."
6708  Alternate cryptocurrencies / Altcoin Discussion / Re: Is ICO regulation good or bad? on: September 27, 2017, 04:32:18 PM
ICO regulation is good because the ICOs that are just being created for  scamming innocent people and maybe,just maybe the scam be avoided from happening in the first place. A lot of ICOs raise a lot of money and if they scam people then a lot of countries will lose potential capital,which most of the countries are afraid to lose.

i agree, that is the plan behind the regulation, to protect potential investors
but I'm worried about the amount of regulation and where it stops,
 
will it render a potential ICO as centralised/regulated ?

will the regulation require some form of identification for potential investors?

will there be some form of taxation or levy's implemented?

[ just throwing a few topics for discussion out there ]
6709  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon Musk To Quit Tesla, Jumps On Financial Tech on: September 27, 2017, 04:24:21 PM

im not even going to open that link because this is just FAKE NEWS
actually I came into this thread just to have a look at the comments  Grin
6710  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Stupid bittrex on: September 27, 2017, 04:20:25 PM
this happens on all exchanges, from time to time certain wallets need
to be updated and sometimes this corresponds with action relating
to the specific wallet they are running maintenance on.
6711  Bitcoin / Project Development / Re: Bitcoin SmartWatch Face on: September 27, 2017, 08:47:25 AM
The screen is small so adding multiple details wouldn't make it any better, It's good  as it is but If you could just add a little arrow going UP (green) or going down (red) for showing the changes for the last 24 hours, you could even simply pull that data from CoinMarketCap or CryptoCompare instead of taking them from multiple exchanges and calculating the average yourself.

Nice idea for sure. for extra features as OmegaStarScream mentions maybe show 24hour movements in red or green.
Another option would be maybe the percentage rise or fall in a particular colour

7.5%

or

82.4%
6712  Bitcoin / Bitcoin Discussion / Re: How do you think bitcoin will be wiped out? on: September 27, 2017, 08:39:35 AM

They would need to turn off the internet forever, so basicaly impossible now.  If they were to crack  down on any particular coins new ones would be created within hours.  Just like what you saw with silk road only its even easier to create crypto coins. Pandora's box is open nothing can stop the crypto idea.

as above, its is impossible unless the internet is switched off forever,
which would also disrupt FIAT banking and communications globally.
so thats not going to happen!
6713  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think an ICO, or coin, is all about the marketing? on: September 27, 2017, 08:29:21 AM
YES!

Marketing is one of the most important tools in business
without it a product or service will remain virtually invisible
to potential customers and investors.
6714  Alternate cryptocurrencies / Altcoin Discussion / Re: Why China's Ban On Crypos May Be Temporary - Forbes on: September 27, 2017, 05:54:22 AM
it still am waiting to see where they banned "cryptos" or as the article title says "ban bitcoin"!

to this day i have neither read any news from China about banning bitcoin nor i have seen then actually banning bitcoin.
the only thing i keep seeing is that uninformed news sites which do not even know what bitcoin is, repeat the same thing about China banning bitcoin!

the funny thing is even Chinese themselves are annoyed by this lie https://twitter.com/SatoshiLite/status/911067464796053506

I would agree wih you BTCLovingDude, i have been saying
This for a number of days now. It seems like people pick
up on a whisper and it just spirals out of control.

The only news i have read is that china imposed a temporary
ban on exxchanges and would look at implementing a
licensing system. And as for ICO's they need to sort the
Legitmatenones from the scams.

Its good to see the mainstream media report something Positive
6715  Bitcoin / Bitcoin Discussion / Re: The Coming War Between Digital Currencies on: September 26, 2017, 09:28:57 PM
well it wont be a war because it will be as it is now, FIAT or Crypto
FIAT is definitely moving towards a digital useage and we are becoming
less and less a cash economy.

I still think there will be those happy to use the Government controlled
Digital FIAT and those that want sonething alternative that is not
controlled but decentralised, opensource, unregulated . . .

thats why we are here on BCT! good article though . . .
6716  Economy / Speculation / Re: 1 millon for a Bitcoin is this fiction or reality? on: September 26, 2017, 02:44:41 PM
Possible yes.

If many countries go the japan route then it could start to get into those kind of numbers. I would think 250k would be doable inside a year if the eu, us, china (total reversal) , etc all started being super pro btc.

Probable - we'll see


ah but Cryptohunter the most important word in your post is "IF"
why would the EU, US and China totally leave bitcoin alone to be
mass adopted, they would want a slice of the action in taxes I figure
its difficult to call this one.

How much was bitcoin worth in 2009? How much has it gone up since then?

in 2009 buying Bitcoins for $30 was easy, not so easy to buy 1 bitcoin now
and will be harder to buy 1 bitcoin when it reaches $7500 and so on.

6717  Economy / Speculation / Re: 1 millon for a Bitcoin is this fiction or reality? on: September 26, 2017, 02:35:51 PM
it is really very difficult to say, and to me it sounds very far fetched
or unrealistic to think or hear that it could be priced at $1m.

It can definitely climb a lot higher than it is today as others have
mentioned 10K or 20K but after that it would need massive adoption
globally to reach the golden figure of $1m.



6718  Bitcoin / Bitcoin Discussion / Re: Lost around 5BTC in 2013... Time to start again on: September 26, 2017, 10:19:42 AM
I'm sure this has happened a lot in the early days of Bitcoin.
There have been a few threads here on BCT about people
loosing coins through various reasons.

I personally know of a user who totally forgot they had coins
in a wallet on the hard drive of the computer from 2013,
luckily they hadnt changed the PC or disposed of it.

The interest was ignited again last year when they read
a news article about Bitcoin and luckily they were able
to retrieve the coins !
6719  Bitcoin / Bitcoin Discussion / Re: what's the future of bitoin in china ? on: September 26, 2017, 09:55:07 AM
I would like to think that after the dust settles in China
and the authorities tackling ICO's and the Licensing of
the Exchanges takes place there will return the trading
of Bitcoin, but for the moment there is a lot of uncertainty.

In the long run regardless of what happens people in China
will continue to find a way to e involved in Bitcoin.

after all it is decentralised  Grin
6720  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Pump groups ? on: September 25, 2017, 09:48:55 PM
I cannot believe people are willing to join pupm groups.
To me this is just madness and pure greed.

I am interested in blockchain technology and how they
can be adopted in the future. People interested in pumping
Are only interested in taking advantage of other crypto
Users.

SHAME
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