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7001  Economy / Economics / Re: STOP IMMO! Vitalik Buterin vs Rothschilds cryptocurrency on: May 31, 2018, 06:07:19 AM
After reading that:
Interestingly enough, the creation of the world currency has been mentioned for over 30 years in The Economist, which belongs to the Rothschilds: “THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will certainly be more convenient than today’s national currencies, which by then will seem to be a quaint cause of much disruption to economic life in the last twentieth century”.
I think that this can really make sense because Rothschilds have a sufficient amount of monetary, political and other resources to make a new world cryptocurrency. What do you think how will this collision between Rothschilds and Buterin develop over time? How will it affect other cryptocurrencies? Should I sell ETH?

http://bitcoinist.com/worth-caring-vitalik-buterin-doubts-rothschilds-sway-crypto/

No,the Rotchilds don`t have this amount of money,power and resources to make that happen.Most likely they don`t want a global currency.The idea of a global currency replacing all the national currenices is a dream.It will never happen.And no,bitcoin will never become the global currency...
7002  Bitcoin / Bitcoin Discussion / Re: The New Strategy: claming which bitcoin is the first? on: May 31, 2018, 06:01:59 AM
There`s no other version of bitcoin created earlier than bitcoin core.Every loyal BTC supporter knows that.
The problem is with the newbies,who might fall into "bitcoin prototype" scams.
I`m wondering what will the cryptocurrency market look like,if bitcoin and the blockchain were patented by Satoshi Nakamoto?
 
7003  Economy / Service Discussion / Re: Why does Bitpay suck so much? on: May 30, 2018, 11:43:00 AM
I went to buy some items at a company using bitpay (over 1k usd) which I had bought items from in the past, and NO BTC address popped up, instead I get this BIP70 bullshit that doesn't work with my wallet..  Great... 

I am still deciding if I want to bother to load a wallet that bitpay's new protocol works with..

I am on the fence as to if I want to buy these items at all, so much hassle.  Why can't bitpay just put up a real BTC or BCH address for us to pay with, instead of some proprietary bullshit that only works with a handful of wallets.  This isn't what bitcoin is about.  Its about creating a simple method to pay, not the cluster fuck that bitpay is creating...

FUCK YOU BITPAY..

Why don't you just contact the seller and tell him about your issues with that payment gateway?Most sellers have their contact info available online(usually an email address) and they will be willing to help.Nobody wants to lose a customer. Grin
7004  Economy / Trading Discussion / Re: Outlook for June? on: May 30, 2018, 11:34:50 AM
When people like George Soros talk about financial crysis,we should expect the opposite.Soros only wants to create and spread panic,so he could capitalise on it.However,don`t be so optimistic about the crypto market in June.There`s no support for a bullish trend,despite the lack of bad news and FUD.
7005  Bitcoin / Press / Re: [2018-05-30] Philanthropist's Love Letter to BTC: Why $80M in BTC Was Given Away on: May 30, 2018, 11:28:01 AM
I don`t trust people,who "give away" millions for charity.What kind of charity projects is he supporting?
There`s no info about that.Rich people,who make large donations usually do this to avoid taxation,not because they like to help other people.Why is this guy anonymous?Is he hiding from somebody,or from the authorities?
7006  Bitcoin / Project Development / Re: Monetising content with miner script on: May 30, 2018, 06:23:18 AM
This is also known as cryptojacking.

Cryptojacking is the unauthorized use of someone else’s computer to mine cryptocurrency. Hackers do this by either getting the victim to click on a malicious link in an email that loads crypto mining code on the computer, or by infecting a website or online ad with JavaScript code that auto-executes once loaded in the victim’s browser.

Its a crime and a fraud to your audience. Better to avoid it.

It`s cryptojacking only if the visitor doesn`t know that his computer is infected and mining.
It completely legal,if the people know about the browser mining script and they voluntary mine coins.
Anyway,browser mining is totally unprofitable and you need to have huge traffic to make any money with this.
7007  Economy / Economics / Re: Rob Kirby: True Stats Reveal Economy In TERMINAL DECLINE on: May 30, 2018, 06:13:04 AM
"to explain with specific real-world examples"...You can`t compare the US economy with any other economy in the world.USA has an unlimited money printing machine,called the Federal Reseve system. Grin
The EU central bank refuses to pump more money into banking laquidity and that`s why the EU might have a lower economic growth,but the US bubble is about to pop, after a few years.
7008  Economy / Speculation / Re: Bitcoin price lowest this month on: May 28, 2018, 11:44:40 AM
I am quite certain that we are near the bottom of this cycle, from where we will only increase further. The price might slightly dip below $7000 for a brief moment, but that will directly be the last time we have seen $6xxx levels. Every bottom after that will be +$7000.

That being said, I don't expect a crazy market this year. People should lower their expectations significantly in order to prevent disappointment. Bottom development indicates $400-$500 jumps, which I don't believe will change any time soon, so from $7000 to $10,000 means there is plenty of ground to cover, and for that reason we will keep dealing with sub $10,000 levels at least till Q4 of this year. It doesn't mean we won't jump over $10,000 again, but we'll reset back below that.

Trade the market or just chillax and do something else with your time.

You might not expect a crazy market,but it will happen for sure.The price will crash badly during the summer.It might go under 5K USD, or even under 4500 USD.There`s no reason for panic,it`s just the right time to HODL and buy more.The big crypto  whales are waiting for the winter.Then,the BTC skyrocket bomb will explode.
7009  Bitcoin / Press / Re: [2018-05-27] London-Based Company Successfully Trademarks the Name ‘Bitcoin’ on: May 28, 2018, 11:32:41 AM
How can that company asquire a trademark for the name "bitcoin"?They didn`t create that name.
Is this company owned by Satoshi Nakamoto?Can they prove that the name "bitcoin" is created by them?
Well,that Etsy seller will have to move on and abandon all his bitcoin related designs.It`s pointless to sue those idiots.
7010  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Price Explosion on: May 28, 2018, 06:56:58 AM
SmileyBTC
 They are heavily centralized, working with big banks and money transfer companies like Moneygram and Western Union.

What do you think?

That`s why I hate ripple.This altcoin is a "slave" to the fiat money system,it`s not a real alternative to the banks or Western Union.Maybe that`s why the banks will pump the ripple price and try to destroy the real cryptocurrenices.The ripple devs just wanna make some money,they don`t want to change the financial system.I completely understand them,but we all want something more.
7011  Economy / Economics / Re: So many cryptocurrencies ! on: May 28, 2018, 06:53:04 AM
There has to be some kind of a worldwide cryptocurrency organisation,which approves or denies new altcoins.
All the crypto trading platforms will have to abide by the rules of this organisation and clear the crypto marketplace from the shitty pump&dump coins.
There`s nothing wrong with having a tough competition,a competitive market is a must and only the strongest and most trustworthy coins will survive.
7012  Bitcoin / Bitcoin Discussion / Re: Announcement for all the newbies who follow Bitcoin in social media and Reddit on: May 28, 2018, 06:45:49 AM
This is what we get,when the name "Bitcoin" is not patent protected as a trademark. Grin
By the way,the BCH users should use the name "bitcoin cash",not bitcoin on social media accounts and reddit.This is their name and they have to stick with it.Using only bitcoin as the BCH name is misleading.
7013  Economy / Trading Discussion / Re: What is your best HODL in this Red Zone? on: May 27, 2018, 11:37:26 AM
The market is down,becasue everybody is:
1.HODLing.
2.Waiting for the prices to decrease even more,so we could buy cheaper coins.
This reduces the overall market demand for all coins,not only for BTC.
The question is,when the prices will stop falling?
I`m not trading any altcoins,I`m only holding my btc and waiting.
7014  Economy / Economics / Re: The "Axis Of Gold" Will Drive Gold Higher by the End of 2018 on: May 27, 2018, 11:26:14 AM
I thought that the country with the biggest gold reserve in the world is USA.
Favorising gold transactions over US dollar transactions won`t hit the US economy nore the  value of US dollar.All the gold supporting countries want to avoid the future inflation, caused by the federal reserve money printing machine.That`s why they want to stop using USD for major transactions.
7015  Economy / Speculation / Re: World's largest diamond jewelry retailer joins blockchain on: May 27, 2018, 04:41:54 AM
this is just another token being created in the name of "blockchain technology" it has nothing to do with bitcoin so it has zero effects on its price. one may even consider tokens like these pointless creations and waste of time.

Jewelry related stuff that can affect bitcoin price is when the jewelers start accepting bitcoin as payment like REEDS Jewelers for instance or many others that are already accepting bitcoin payments. these increase the popularity of bitcoin and also they add to its usability which is always good for bitcoin growth.

Bitcoin+jewelry industry?I don`t think this "partnership" has any future.
Women just don`t use bitcoin.Period.They won`t start using it for retail purchases and most likely they will never start using it.Anyway,some ICO can have a little impact over the btc price,because a big part of the newbiers still think that BTC and ICOs are connected in one way or another.
7016  Economy / Economics / Re: Should we teach children to have businessman mentality or be successful employee on: May 27, 2018, 04:36:53 AM
The businessman mentality is something unique.Only a minority of the people can have such mentality.
It requires strong work ethic,huge willpower,ability to take risks and never give up,good social skills,etc.
I don`t think that most of those skills can be trained.Anyway,the children should learn ro value the money.They sohuld learn how to properly manage their money(when they become adults) and how to invest.
7017  Economy / Speculation / Re: Still think it can hit 20k !! be optimistic on: May 27, 2018, 04:31:34 AM
We all believe in the future of bitcoin,so there's no need to read such articles.
This guy is kinda wrong about eth.Blaming ethereum for all the scammy ICOs is a completely wrong logic.
It's like blaming BTC for all the BTC scams online and for all the criminals,who are using it for payments.
All the scammy ICOs won`t stop the ethereum price to go up,the ethereum whales will stop the ETH growth.
7018  Economy / Trading Discussion / Re: Trading Volume of BTC dropped even when the Price is Discounted one! on: May 26, 2018, 11:37:47 AM
Perhaps the lower trading volume means that more people decided to hold their bitcoins,because of the lower market price.When the price is going down,but the trading volume is high,this is panic selling.Now,the price is decreasing,but there is no panic selling,which is a good sign.
7019  Economy / Speculation / Re: Irish authority published its new cryptocurrency taxation guidance. on: May 26, 2018, 11:29:36 AM
I think those who are into cryptocurrency, that is living in Ireland will now move to a different country, it is true thay taxes helps build bridges and structures, but a social responsibilty, I doubt it, creation of taxes was made way back even before the romans took over, this is just collecting money from the poor to make the rich get richer, and if we started to pay taxes, what is the sense of using decentralized currency if we are just going to give it away to the government, and there is no assurance that they will only take coins for what they are worth, if they decided that they will take an equivalent of .01 btc from you, at today's value, no one would agree, and why would they give out their names and all their assets, where will be the anonymity?

The Irish traders won`t move to a different country.They will move their crypto funds to more "secret" places online or offline,in order to avoid taxation.You are right about the taxes and inequality.I really doubt that any crypto whale is paying taxes for his wealth.
7020  Bitcoin / Press / Re: [2018-05-26] Mark Carney: BoE Remains Open to Possibility of Central Bank Crypto on: May 26, 2018, 11:24:47 AM
Speaking on the future of central banking, Mark Carney says the primary role of banks is maintain trust in money. As for cryptocurrencies, a Bank of England-backed coin is, for now, not being seriously considered because the current volatility inherent in the coins prevent them from being a secure medium of exchange. Full article on NewsBTC

The whole idea of a central bank crypto is totally pointless.Do they want to create a crypto british pound?
What`s the point?The crypto version will be almost the same as the digital fiat version of the british pound.
I wonder what kind of blockchain will they use for a central bank cryptocurrency?
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