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6821  Bitcoin / Bitcoin Discussion / Re: Market cap of BTC passes that of PayPal on: September 06, 2017, 10:37:14 AM
That's really a great news to see that we are gaining momentum but still, this is just a single step towards global crypto based economy. Here is the summary of transaction volume of various payment methods, even though the data is old but still it gives a little idea of where we stand today and there is a lot more to achieve.


I am sure that in next 10 years Bitcoin will be number 1 choice for the worldwide payment transfers.

Great chart and a nice to see visually where we are at in comparison
to others. What would make a huge difference is if more online marketplaces
like EBAY would initiate an option to pay with Bitcoin. Buyers and sellers who
are not currently using Bitcoin would possibly consider entering the market.
6822  Economy / Economics / Re: A wise strategy for your bitcoin on: September 06, 2017, 06:26:26 AM
Its certainlg all about timing and being
Able to buy bitcoin when the price falls like
We just had in the last 24 hours, but you
Have to be checking at least every 12 hours.
A lot can change in 12 bitcoin hours.
6823  Bitcoin / Bitcoin Discussion / Re: And We Are Back! on: September 06, 2017, 06:19:04 AM
"And we are back" erm yea of course we are
Bitcoin started recovering about 12 hours ago!
i wonder how many people are now hitting
themselves on the head for selling and waking up now
to a price higher than they sold at  Roll Eyes

panic over, nothing to see, move along
6824  Bitcoin / Bitcoin Discussion / Re: Suddenly, Bitcoin Breaks into UK Housing Market as Down Payment on: September 05, 2017, 04:22:43 PM
Good news for bitcoin for sure ! and great to see more adoption too.
 
Im not sure what exactly the Co-living thing is, if anyone wants to read about "the collective"
that is mentioned in the article here is their site> https://www.thecollective.co.uk/our-story

I am reading through their story get a better handle on it.
They might be accepting Bitcoin but more interestingly, is anyone spending with them?
6825  Bitcoin / Bitcoin Discussion / Re: The DEATH of Bitcoin Surfaces Again on: September 05, 2017, 04:13:44 PM
"The DEATH of Bitcoin Surfaces Again"

the answer is YES and NO

Yes, the FUD has spread and people are buying the low's while
others are panicking and selling in cast they are left holding
worthless coinage.

No, its not the death of Bitcoin, of course its going to react to
the panic selling as above but will [has] bounce back from all the
reactive buying of the lows

simple!  Grin
6826  Alternate cryptocurrencies / Altcoin Discussion / Re: the relationship between China's ban on ico and market prices on: September 05, 2017, 10:32:11 AM
I think it might be good for new positive legitimate innovations in
cryptocurrency and hopefully they will be able to get proper investments.

The only thing is we dont necessarily want "regulation" but if we
as a crypto community cannot regulate it ourselves, then this will happen.
6827  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO is officially banned in China !!! on: September 05, 2017, 08:32:15 AM
i see now on bittrex that the old reliable's are making a recovery
from the China ICO news.
The sad thing about this is that even the really good ICO's will be
affected by the China ban,
There will probably be a "Legitmate" way to create new positive
Blockchain technologies without the need for an ICO
6828  Bitcoin / Bitcoin Discussion / Re: The Government Must be Winning! on: September 05, 2017, 08:22:48 AM
We do not need just the governments to be enemies to Bitcoiners. Scammers, bad developers, thieves, hackers, aggressive market manipulators, day traders/scalpers and pump and dump groups are also the enemies within. Unless we can curb all the bad influences inside of Bitcoin and Altcoin spaces, do not think for one moment that all this will be left so unregulated and unnoticed. If we cannot self regulate our actions to act responsibly and not be so utterly ruthless and selfish in our quest for wealth creation, then we will end up being regulated by bigger forces than us.

good analysis IMO, the Bitcoin and Crypto decentralisation and
unregulation is proving to be its negative feature instead of its
positive one. Sometimes it feels like we are all left to our own
devices and anything goes. Now we have a major world government
stepping in to a degree to try and regulate of sorts a portion
of the chaos.
6829  Economy / Speculation / Re: Made a buy order for $475 for 1 bitcoin on: September 04, 2017, 03:32:16 PM
I think the panic in the market now from the recent China ICO news
can only benefit in the medium to long term Bitcoin and the other "long"
established currencies, Ethereum, Litecoin, Dash, Monero.
6830  Bitcoin / Bitcoin Discussion / Re: Moneyless Society on: September 04, 2017, 03:20:51 PM
switch to something like communism!
where the state provides you will all you need and nothing else :-)

The barter system worked at the time because you would barter
an item for something you "Needed" and the other party
"Needed" what you were bartering.

we are edging ever closer to a kind of money-less society or cashless
society anyway, I rarely use "Cash" anymore, its all online or plastic,
paying bills, transferring funds and buying goods with a card.

I believe the newer generations will pick up crypto quicker because of this.
6831  Economy / Investor-based games / Re: Bitpetite tumbler on: September 04, 2017, 09:27:18 AM
Someone mentioned this site to me at the weekend
and of course if you want to double check anything
about Crypto . . . you have to visit BCT! Thanks for
the heads up all, I think I will be steering clear  Wink
6832  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Jibrel Network | Putting traditional financial assets on-chain on: September 04, 2017, 06:49:24 AM
I think I can spare my few extra EThereum on this project . Quite impressive as it tackles on platforms for tokenizing real-life assets. I am going to keep an eye on Jibrel .

For sure, this has good potential, there should be
More activity on the lead into the ICO on september the 25th
6833  Economy / Services / Re: Contest ended * Logo Contest * 0.015btc * Escrow Confirmed * on: September 01, 2017, 08:34:29 PM
Good result, very well done to LogoGuy, good professional looking design
and thank you to Keizer010 for posting the contest!
6834  Bitcoin / Bitcoin Discussion / Re: So I sold my BCC ... on: September 01, 2017, 11:32:00 AM
I firmly believe that almost all of the airdrop BCH will end up as BTC in the long run.
We are seeing BTC climbing steadily while BCH had remained king of static with
even a little fall back.

I dont think its a good thing either to keep forking and yes there is another fork
scheduled for November I believe.
6835  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Alternative for Bounty Payments on: September 01, 2017, 10:14:06 AM
I do not know anyone who uses ltc, but maybe in the future.
I think paying a gift with ltc is a great idea, we see the price of ltc in the market is quite high and this coin is stable.

Personally I dont know anyone who uses Bitcoin or Litecoin
but I have both! Litecoin I thought would be another way
to receive a bounty. I have also noticed on different signature
campaigns where the manager has to reduce the rewards
as the price of Bitcoin rises, Which I dont dispute because
I know there are budgets to adhere to etc.
6836  Economy / Services / Re: Logo Contest * 0.015btc * Escrow Confirmed * Deadline Dd/Mm 01-09-2017 on: September 01, 2017, 09:23:28 AM
Ok some very good designs posted here now. I believe today marks the end of submissions
and the winner should be announced soon although possibly not today though?
6837  Economy / Trading Discussion / Re: Buying Crypto with Paypal on: August 31, 2017, 04:30:47 PM
Thanks again for the extra comments.

OMG its a board I have not visited, the "Coin Exchange" section
is very interesting and I think I may be in luck, so thanks again
I will make a final post here to confirm how the transaction goes

**EDIT I made a small transaction via the coin exchange board
and all went well
6838  Economy / Currency exchange / Re: 0.003btc COINBASE for 14$ Paypal/Skrill/Neteller on: August 31, 2017, 04:26:35 PM
I can do this!
I have actually opened a seperate thread looking buy with paypal.
I have a coinbase account and want to buy BTC with Paypal.
6839  Economy / Trading Discussion / Re: Buying Crypto with Paypal on: August 31, 2017, 02:25:21 PM
Thanks Koadharber
Ok I tried Paxful.com and the least expensive
rate I could source via PAYPAL was the following:

Minimum is 10 EUR
Maximum trade 50 EUR
It costs you $1.8 for each dollar
Rate 7167.31 EUR per bitcoin (you can buy any fraction of bitcoin)


so as has already been mentioned above the exchange
rates with paypal transactions are just far too high and
I suspect localbitcoins will be the same.
6840  Economy / Trading Discussion / Re: Buying Crypto with Paypal on: August 31, 2017, 01:56:25 PM
Thanks for the replies everyone! I have learned something new in this regard anyway today  Smiley
Ok I will check out Localbitcoins and Paxful, If I dont see anything appealing I will just
Withdraw the funds and buy crypto from my Bank account as normal.
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