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6941  Economy / Economics / Re: WHEN WILL PEOPLE LEARN? on: July 04, 2018, 05:34:35 AM
So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy? 

Because they all are chasing what I call "the next shiny object".By the way, you shouldn`t generalize that much.There are smart investors,who do their research and buy tokens from the legit ICOs.Most of the stupid investors just buy $20 token shares here and there and expect some token to be the big winner for them and skyrocket it`s price by 1000%.
6942  Bitcoin / Bitcoin Discussion / Re: Bitcoin holders will betray bitcoin one day on: July 04, 2018, 05:30:04 AM
I foresee it coming, it keeps on ringing in my ears with series of flashbacks. It will happen like a speed of light in a vacuum. Most bitcoin holders will betray bitcoin one day, they  will see no value in bitcoin again, they will dump bitcoin and call it all sort of name, with all these i know there will be holders who will follow bitcoin till death apart. They will hold on no matter how tough things will be for our mother coin.My question is which side will you be?. LONG LIVE CRYPTO, LONG LIVE BITCOIN.

I will sell all my bitcoins when the price is good.What`s the point of HODLing your bitcoins untill you die.
It`s not about "betrayal",it`s about getting profits from bitcoin.One day, all the BTC users will find that bitcoin is no longer valuable for them or for anybody else.Of course they will dump it.So what?Life goes on.
6943  Economy / Trading Discussion / Re: Want to buy 10 Btc in INDIA on: July 03, 2018, 12:52:54 PM
I want to buy 10 Btc but as of now so many regulations are coming in INDIA. so is it safe to do the transaction from my bank account? Or I should opt any other method? and which exchange is the most reliable?

OP,don`t spam your topic all over the forum.I see the same topic in other sub-forums.
Anyway,I don`t think that the indian authorities will track your bank or btc transactions,if you buy btc via some trusted localbitcoins trader.Never use any of the big crypto exchange platforms,like Binance or Poloniex to deposit and hold large amounts of btc there.Is some newbie forum members here start to spam your PM inbox with messages,asking you to trade with them,just ignore those PMs.
6944  Bitcoin / Press / Re: [2018-07-02] Crypto-Troll John McAfee Claims HitBTC ‘Killed People’ on: July 03, 2018, 12:37:40 PM
I agree that centralized cryptocurrency exchange platforms are turning into crypto banks.They do whatever they want with people`s savings and nobody can punish them for that.HitBtc takes a lot of hate(which they probably deserve),but all crypto platforms are the same.
We need more decentralized crypto trading platforms ASAP.
John McAfee is mental,that`s for sure...
6945  Bitcoin / Press / Re: [2018-07-03] Economist: Bitcoin Futures Killed the 2017 Bull Run on: July 03, 2018, 12:32:22 PM
I`m talking about the same thing for about 6 months.Bitcoin futures are something evil for the bitcoin market.
If BTC futures trading is gone,the btc price will skyrocket to 20K and beyond.
Anyway,the 2017 bull run was "killed" by many other factors,including the new Japan and South Korea regulations,the new tax year,some negative news and FUD,Mt Gox liquidation.
We can`t just blame one thing for the bearish market.
6946  Economy / Speculation / Re: Hyperbitcoinization and pattern of exponential growth on: July 03, 2018, 06:26:20 AM
Exponential growth of the economy?How can the economy grow exponentially,when the resources on this planet are limited?What do you think about the third world countries?Can they grow exponentially?I`m pretty sure that they will never implement robots and AI.By the way,I like the term "hyperbitcoinization".We all have to be "hypebitcoinized". Grin
6947  Economy / Economics / Re: Banking is Dead… Long live Blockchain Banking! on: July 03, 2018, 06:06:56 AM
What a ridiculous title.Blockchain banking is still banking,so banking won`t be dead. Grin
The ugly truth is that blockchain banking (if all the banks really implement that tech) will destroy cryptocurrencies,so I`m not so enthusiastic about all the "every bank should adopt blockchain technologies" idea.And,by the way,energy consumption will go thru the roof.
6948  Economy / Speculation / Re: BitMEX’s Arthur Hayes Predicts Bitcoin At $50k By The End Of 2018! on: July 03, 2018, 06:00:48 AM
"but with one positive regulatory decision away"
Are we slaves of the regulatory authorities?Do we have to beg for their mercy,in order to grow as a crypto community and industry?I don`t think that one positive regulatory decision will boost the price up to 50K USD.
This guy just wants to spread some optimism,he doesn`t have any arguments that support his 50K USD prediction.
6949  Economy / Services / Re: Nexybit Hybrid Exchange Signature Campaign on: July 02, 2018, 05:49:27 AM
Is this campaign full?Where is the campaign spreadsheet?
6950  Economy / Services / Re: Nexybit Hybrid Exchange Signature Campaign on: June 30, 2018, 12:21:25 PM
Name: davis196
Rank:Hero Member
Nexybit ID: davis19
Nexybit bitcoin address: 35zs6sNPdv3GQyAEePbTHZivrQzgiVBV4k

I was part of the Nexybit sig campaign ,now I`m re-applying.
6951  Economy / Services / Re: Nexybit Signature Campaign (Sr/Hero signature revised 4/13)(4/10 rates revised) on: June 26, 2018, 11:26:48 AM
I`m leaving the sig campaign.I might re-apply after one or two weeks.
Good luck with the Nexybit project.
6952  Bitcoin / Press / Re: [2018-6-24]Cardano Co-Founder: Wall Street Will Bring ‘Tens of Trillions of. . . on: June 25, 2018, 06:56:55 AM
"40 trillion USD crypto market is possible"What a joke...
It`s possible only if 1 billion people from the rich countries start using cryptocurrencies every day to buy food and pay the bills.I don`t see this coming in the next 100 years.Maybe in the next century, our children will use crypto everyday.
6953  Economy / Economics / Some facts about the global debt... on: June 25, 2018, 06:37:29 AM
Do you know that the global debt is around 230 trillion USD?
This is around 325% of the global GDP.
Countries like Japan have estimated debt of around 250% of their GDP.
China`s corporate debt is around 150% of China`s GDP.More than 50% of that debt is created by the govenment owned corporations.

Every idiot,who calls bitcoin a bubble should look at these stats.
The global debt bubble is 10000 times bigger than the crypto or bitcoin bubble.
The cryptocurrency prices are pumped by this bubble.This bubble will create the new Great Depression.
6954  Economy / Service Discussion / Re: Bitcoin.com Cloud Mining unfair payment. I want my money back on: June 24, 2018, 11:37:21 AM
Have you ever signed contracts with those cloud mining sites?
Have you read their Terms of Service,before "investing" you btc there?
If the answer is no,there is almost nothing you can do to get a refund.Hire a lawyer and sue them,if you can.
Cloud mining is an old and well known scam scheme.Bitcoin.com was taken over by some greedy Bitcoin cash supporters,who use the authority of that domain and the Bitcoin brand just to scam people and make big profits.
6955  Economy / Speculation / Re: Bitcoin will probably reach 4500-5000, following seasonality pattern. on: June 24, 2018, 11:30:28 AM
I believe we are witnessing capitulation and the bears have the control now, and it might be followed by another long movement of nothing for two years until the next halving. Kwukduck might be right in his $3,500 target to buy back after all. Hahaha.
Why do bears always lower prices? Everything has limits. It seems to me that the decline in prices to 5900 dollars is a temporary phenomenon. Bears test their strength and calculate the economic effect of further price reduction. In the end, the death of bitcoin is not beneficial to anyone. Bears want to give the steering wheel to the bulls but they don't want to take it and it can be a problem for everyone.

Off course it is.Every bitcoin price at every moment is a"temporary phenomenon".
Nobody wants the death of bitcoin,the bears will make enough profits,but they will become bulls during the outumn or maybe the winter,in order to make more money.I don`t believe that much in the bulls/bears market theory.It`s just a bunch of traders,who act as bulls or bears ,when the moment is right.
6956  Bitcoin / Press / Re: [2018-06-23] Coinage CEO: Market Needs to Move Beyond Bitcoin on: June 24, 2018, 11:17:03 AM
It may hurt Bitcoin initially, but it's time to disconnect all BTC/XXX pairs and let the shitcoin market take care of itself. Let them trade against Ethereum or whatever shitty token created by the exchange itself.

# Capital flows into empty coins while it could/should have flown into Bitcoin.
# In order to cash out large sums of altcoins, it has to use Bitcoin's liquidity.
# Altcoins give this entire ecosystem a trashy reputation.
# Altcoins have NO purpose other than speculation.

All negative aspects; is there even something positive to say about altcoins?

Even Ethereum is the same. Yes, they did well in making sure their Ether coins are in demand, but other than people using them to buy themselves into ICO's there is no use.

Who has the power to disconnect all the BTC/alt pairs?Hobody can forbid the crypto exchange platforms to trade btc/altcoins.Such divide might make Ethereum more powerful than before and weaken Bitcoin.
The Gresham law was right again.The bad money(altcoins) had replaced the good money(bitcoin) and now the crypto world uses altcoins for day trading and bitcoin for HODLing.
6957  Economy / Services / Re: Nexybit Signature Campaign (Sr/Hero signature revised 4/13)(4/10 rates revised) on: June 24, 2018, 06:20:49 AM
Hello.
Is this the last week of this sig campaign?
When will be the last week?
6958  Economy / Trading Discussion / Re: Help me understand volume on: June 24, 2018, 06:17:32 AM
Trading volume is  just the total amount of buy/sell orders for one particular coin.
The altcoins you are talking about are most likely pumped by someone(probably their investors/devs).
They just create a lot of buying orders at higher prices and this makes the other traders to believe that there`s an increased demand for those coins.Other traders start buying and the snowball effect creates a speculation bubble.
6959  Economy / Economics / Re: If crypto market manipulation exists, what is its main source? on: June 24, 2018, 06:12:54 AM
Crypto exchanges that offer 0% commission are too small to have such influence over the market.
They can be used to manipulate BCH or some other small and centralized altcoin,but bitcoin is just too big.
There`s no way for the fake trading volume to overcome the real market demand.Some exchange might pump the btc price to 100K with fake buy/sell orders,but this will lead to many people opening accounts there just to deposit and sell their btc at that price.The increased supply will colide with the fake demand and the price will go back to the real level.
Anyway,I still believe that a union of bitcoin millionaires,who own 20-30% of all BTC can manipulate the price.
6960  Bitcoin / Bitcoin Discussion / Re: Has Bitcoin become just a speculative tool? on: June 24, 2018, 06:02:32 AM
Yep,btc is just a tool used by the big whales for pump and dump.This is the easiest way to any profit out of using cryptocurrencies.Unfortunately no real business will bother with implementing crypto payments,because the majority of the people just don`t use bitcoin for daily purchases.Last year,I purchased a product for 30 USD worth of btc.The bitcoin price increased from 3K to 16K and I was MAD for making that buying decision,instead of holding my btc.
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