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7061  Bitcoin / Bitcoin Discussion / Re: Beware: SIM Hijackers Steal Over $5 Million in Bitcoin in First Reported Crime on: August 04, 2018, 05:59:03 AM
I'm glad I live in a country ,where phone numbers can't be just transferred from one SIM card to another.
I was reading some other posts here,claiming that smartphones are the most secure place to store cryptocurrencies,because the crypto wallet installed on the phones has no connection to the phones's operating system nore to internet.What a joke?
7062  Economy / Trading Discussion / Re: What do you think, will BTC again jump in December? on: August 03, 2018, 11:49:22 AM
Hello Guys
I think, that will a BTC in next one or two months going down but, no so much, and then coming next jump. But this time, I think it will take longer and maybe will come also a new record resault. I will appreciate an expert comment.

Bitcoin price will jump next December,for sure.The price increases every December,but the price growth most likely won't be like the past year's ATH.I think that a price of around 11,000 USD per bitcoin would be OK for the crypto community.No expert can predict what will happen with 100% accuracy,but the Christmass price pattern will remain the same.
7063  Economy / Economics / Re: $250/barrel oil if Iran blocks key shipment route in Middle East, analyst on: August 03, 2018, 11:44:41 AM
This move will be a suicide for Iran,because the USA and the US allies will block the Iran oil export to China.
There won't be another middle east war.The americans aren't that stupid to spend billions of dollars in a new and pointless war(I don't know about Trump).This won't affect cryptocurrencies.I don't care about the crude oil prices.
7064  Bitcoin / Bitcoin Discussion / Re: Poll reveals that 75% of the US investors believe bitcoin is 'very risky' on: August 03, 2018, 11:38:22 AM
I guess that 75% of the US investors are too lazy and afraid of taking risks.They want big and consistent profits with little to zero risk,which is impossible.Anyway,they are still looking at bitcoin onlyfrom the financial investor's point of view.Why don't they look at bitcoin from the business and technology point of view.
We need more business owners to accept btc payments,not speculative investors,who just buy and wait.
7065  Economy / Speculation / Re: Bitcoin Price Analysis: BTC/USD Signaling Bearish Continuation on: August 03, 2018, 06:00:14 AM
I was right in my predictions that this is a "dead cat bounce".There's mo real increase in the btc market demand.The aren't any new money entering and buying btc.Only the existing traders bought some btc,driven by the small "ETF" hype.They sold some ethereum and other altcoins to fund their purchases,that's why the ethereum price wasn't following the bitcoin trend.
7066  Economy / Economics / Re: Should the U.S. stop importing from China? on: August 03, 2018, 05:55:24 AM
I thinking on this matter is don't stop, but slow it down. I don't think we should stop imports from China at all. I do believe that we should cut down a bit and start making our own products. We were a country built on manufacturing. What happened? Did we get lazy and in good times we decided buying cheap would be faster? This is a major reason the economy is where it is today, we stopped making and chose buying.

Buying cheap is always better.The US labor force can't compete with the chinese labor force in terms of price,quantity and labor regulations.Most people in China work 10-12 hours per day.
By the way,why are complaining about the US economy?The US economy growth is at record peaks.
The unemployment rate goes gown.I guess that there is manifacturing in the USA.
7067  Bitcoin / Bitcoin Discussion / Re: Looks like Bitcoin is a news right now. on: August 03, 2018, 05:49:43 AM
More and more people are being curious about how the extent of bitcoin can further lengthen their way of living into luxury and glamour, which is actually making it famous right now. Time may come that people only rely on the benefits of managing bitcoin rather than their own societal participation or job-related things. What do you know about the famousness of bitcoin worldwide? Add more ideas, opinions and news about this.

Yes,we are the new elite.When the bitcoin price skyrockets to 1 million per btc,I will live a luxurious life somewhere in the Bahamas and never get any real 9 to 5 job.That was sarcasm. Grin
God help us all,if bitcoin becomes a "toy" for the rich and famous minority,while the poor majority of the people  refuses to use it for small purchases. Grin
7068  Economy / Exchanges / Re: Help! Friend accidentally sent 600USDT (Tether) to my LocalBitcoin wallet! on: August 02, 2018, 12:28:23 PM
The transaction is there, I checked on omniwallet and omniexplorer. I just need to get the private key from localbitcoins. How can I do that? I've already opened a ticket, will they give me the private key?

This thread belongs to "Service Discussion" forum or some other sub-forum.
Is it possible to send Tether to a localbitcoins wallet?I thought that localbitcoins don`t support tether trnasactions.They support only btc,ethereum,litecoin,ripple.
I can't see the problem here.If your friend sent you coins,why don`t you just send those coins back?
7069  Economy / Economics / Re: The real estate bubble on: August 02, 2018, 12:24:44 PM
The only factor that is pumping the real estate bubble are the mortgage loans.
If the are no mortgage loans,the real estate price will remain low and this will have a positive socal effect.Young famillies with children will afford bigger houses at a cheaper price/or lower rent.
We are heading over to a new real estate/financial crysis,because of the banks.
7070  Bitcoin / Bitcoin Discussion / Re: Is Cryptocurrency ‘The Mother of all Bubbles’? This Visualization Perspective on: August 02, 2018, 12:18:30 PM
The derivative,real estate,stock and gold markets are tied to the global money supply.
If the money supply increases,those bubbles will keep growing,if it decreases(which is highly unlikely to happen) those bubbles will be under control.Many people don't believe that gold and real state are bubbles.They think that those assets have a stable value,because they are sustainable agaisnt inflation.
Crypto still has a big potential.
7071  Economy / Speculation / Re: Does McDonald coin have the power to cause dip in bitcoin market on: August 02, 2018, 06:34:16 AM
Acouple of days back the bitcoin market was gaining some slightly increase in price but every thing change since Wednesday and when speaking with a friend online he sent a me a YouTube video of McDonald planning to create their own coin. He said the coin was the reason why the market is down and I don't believe him but McDonald have more capital than cryptocurrency this year.
What's your thought guys?

This isn't true.A rumor can`t make the btc price to drop by 10%.This Mcdonald coin isn`t even developed and launched yet.Anyway,I like the idea that some big and well known company,such as Mcdaonald's will create it`s own cryptocurrency and let it's customers to purchase food with that currency.Perhaps all the people,who buy food at Mcdonald's will have to opportunity to find out more about how crypto works.
7072  Economy / Economics / Re: Upcoming economic crisis - crypto safe haven like gold or not? on: August 02, 2018, 06:29:12 AM

There are enough signs that an economic crisis is going to happen soon in the next 3 - 5 years.

Whether China's bubble will burst or the dollar will implode.
Do you guys think crypto will be as good an investment as gold in time of crisis?

I think it`s a win-win situation for the crypto community and the world economy.Every econocial crysis  is way to clean the economy from the bubbles and the businesses,that aren`t effective and profitable.
The crysis might cause unemployment and inflation,but the economy will grow stronger after everything moves on.Cryptocurrencies will be a safe heaven for sure.
7073  Bitcoin / Bitcoin Discussion / Re: Gallup Poll Shows Only 2% of US Investors Own Bitcoin, But 26% Are ‘Intrigued' on: August 02, 2018, 06:19:21 AM
2% of people who already have invested over $10,000, so presumably an even smaller percentage of people who have invested less than that or have no investments at all.

There is certainly the potential for a lot of new money, but I think we are looking at 10+ years until we get some semblance of widespread adoption.

I'm curious how many people represent those 2%?
100,000?One million?When organizations like Gallup post the poll results,they have to reveal the actual amount of people,not just the percentage.26% interested in crypto means a lot of potential,but this potential can also be wasted.Imagine if USA really bans crypto trading and mining(this is still an option).How many americans will be "intriqued" then?
7074  Economy / Speculation / Re: Current BTC price below 8K on: August 01, 2018, 12:21:58 PM
Why bitcoin price keeps going down these days? Is it just the ETF rejection of Vinklevoss twins?

Why do people keep talking about that Winkelvoss twins ETF rejection all the time?This is old news.
The price is going down,because lots of crypto traders realised that this price increase trend won`t be stable and won`t last long,so they started to sell btc,in order to get some short-term profits.
7075  Economy / Economics / Re: Should there be a tax on capital gains? on: August 01, 2018, 12:17:34 PM
Investors from the poor countries and middle class people in the rich countries should not pay capital gains tax.Only the big millionaires and billionaires should pay such tax.This would be a more fair and progressive approach.Most of the crypto investors are middle class and working class people,so they have to be tax free.Only the crypto whales should pay capital gains tax.
7076  Economy / Speculation / Re: Study Shows Forum Comments Can Predict Bitcoin’s Price with Over 80% Accuracy on: August 01, 2018, 06:23:44 AM
I guess that nobody on this forum predicted yesterday's price drop from around 8000 to around 7550 USD.
So many people here were riding the bull wave and thought "OMG,the price is going to skyrocket".
Last week's price rise was a"dead cat bounce" and the bear market will continue untill the winter.
The idea of predicting prices using the "wisdom of the crowd" is ridiculous.
The crowd doesn't have wisdom. Grin
7077  Economy / Economics / Re: WSJ: US Faces $5 Trillion Pension Hole, Same Size as Japan's Economy on: August 01, 2018, 06:18:14 AM
The US pension funds will never buy bitcoin or any other crypto because:
1.They are restricted by the regulations.
2.They know that cryptocurrenices are too risky,the crypto markets are manipulated by the whales and 90% of all ICOs are scams.
The only way to solve this "pension hole" is the Federal Reserve to print 5 trillion USD. Grin
7078  Bitcoin / Bitcoin Discussion / Re: Bitcoin community does not make sense on: August 01, 2018, 06:11:10 AM
We all in the crypto community hate governments and banks,but we all (or atleast most of us) want to abide by the laws.Laws are created to make nations more organized and civilized.If the government regulations regarding crypto are fair and good for the community and the industry,there's nothing wrong in supporting them.If the regulations are bad,nobody in the crypto world will abide by those rules.
Does it make sense to you now?
7079  Economy / Speculation / Re: Bitcoin Worth $ 884 million In 2023? on: July 31, 2018, 11:59:33 AM
$884 million dollars per one bitcoin is possible only if some hyperinflation disaster happens in the USA. Grin
I thought that this guy is talking about 884 billion USD total market cap of bitcoin,which is way more doable.
Imagine 20 million bitcoins worth 884 million USD each.How many zeros are that?It`s not possible in relaity.This is just a fantasy.
7080  Bitcoin / Bitcoin Discussion / Re: CME Group Bitcoin futures hit record volume equivalent to 64,390 bitcoins on: July 31, 2018, 11:48:01 AM
I wonder what the hell CME is? It is like a group investment of Bitcoin that bought so many bitcoins and trade it all day?

CME stands for Chicago mercantile exchange.This is the place where all the companies trade the bitcoin futures contracts.Do some google search before asking such questions.Anyway,it`s normal for the futures trading volume to grow,during a price increase.
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