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7181  Economy / Economics / Re: China's complicates Bitcoins miners on: November 20, 2017, 04:29:11 PM
I dont know why that country is releasing so many fuds and complications to the miners/holders or all of those guys who are making profit from cryptocurrencies. they are the most greedy country that have ever seen that affects the crypto world.
They are just applying regulations to everything that concerns about cryptos.. but i dont know, it has been posted yesterday and it was proved that it was a fake one, but it might happen in some time from now, so nobody knows about it yet.

LOL. You do not have to take it personal bro. If they think their actions can have an effect on bitcoin, then they are totally wrong.

Moreover, a lot of fake news has been generated from this region by whales so as to have some free money, but unluckily for them, those times are over and bitcoin is gaining more strength than normal. The mining issue is even something that would have zero impact on bitcoin.
Fake news keeps on circulating most of the time from china region because mining industry is still working there. I guess the speculators don't have anything else now to say to create a suspense about bitcoin so they have now focused on the mining weakness of bitcoin. As we know that a majority of miners has already left bitcoin mining, the few miners we are left with are from China mostly. This could be a best speculative tool as well as a serious threat to bitcoin mining.
Its not actually surprising which those kind of news would really exist on this market specially price of bitcoin is soaring up high which those personalities or groups will really create some fuds just to make the price go down so that they would able to accumulate bitcoin for cheaper prices but this news is actually fake which the same on most people do said here. Its possible to happen but wont really happen on these days.
7182  Economy / Service Discussion / Re: Why cloud mining providers sell hash power instead of mining for themselves on: November 19, 2017, 05:23:29 PM
Hi all,

No, I'm not going to advertise any particular cloud mining company here. As you (probably) know there are providers where you can buy hash power instead of setting up your own rig or mining farm.

The question that keeps bugging me is why they sell hash power instead of mining for themselves with all that hardware that they have installed? Is is really more profitable to sell hash power rather than use the very same hardware just to mine the coins for themselves?

Thanks in advance!
Okay lets talk about on those cloud mining company like genesis or hashflare since they are the most common cloud mining now which operates quiet long time as of now. They do really offer hash power to people or let them rent it for a particular contract and those money being used for the expansion of their number of miners which would add up their hashrate even more and come to think off that the more people invested the more expansion it would be but the sad thing about this things that they are already offering contracts which do have 1 year duration unlike on previous years which they do offer lifetime  Cool
7183  Bitcoin / Bitcoin Discussion / Re: Miners are your new slave masters on: November 19, 2017, 03:41:29 PM
When you put your money in cryptocurrencies, the miners will control your life.

If the miners decide to switch to another altcoin you cannot sell any of your coins - no matter which coin it is, even Bitcoin. If they reduce their efforts prices to transfer becomes extremely high. If you have a lot of your money in cryptocurrencies, the miners will become your new slave masters
I got your point and I do agree somehow on those words but not totally because miners would really still remain on the strongest crypto which is bitcoin which means they would stay here as long as they can because they are making money on here if they would decide to switch on other coins then its not surprising because they would really do just for the sake of money.

But if they are using their dominance to do front-running, they are effectively making money by cheating everyone else. It also means that a powerful group can convince the miners either by arguments or by money to switch their services to an altcoin, then the impact is tremendous and as a Bitcoin holder there is nothing you can do
Its not actually cheating since they are giving their legit service on here which is on pushing up transactions in the network.I cant think off that there would be a powerful group that would convinced most of the miners to switch on a particular coin and would leave bitcoin in the air. They wont do such thing because they would really prefer to coin which do have a higher demand and adoption and they would really stick on it.If the thing you said do happen then I cant imagine on the panic it would create.
7184  Bitcoin / Bitcoin Discussion / Re: Miners are your new slave masters on: November 19, 2017, 02:41:58 PM
When you put your money in cryptocurrencies, the miners will control your life.

If the miners decide to switch to another altcoin you cannot sell any of your coins - no matter which coin it is, even Bitcoin. If they reduce their efforts prices to transfer becomes extremely high. If you have a lot of your money in cryptocurrencies, the miners will become your new slave masters
I got your point and I do agree somehow on those words but not totally because miners would really still remain on the strongest crypto which is bitcoin which means they would stay here as long as they can because they are making money on here if they would decide to switch on other coins then its not surprising because they would really do just for the sake of money.
7185  Economy / Service Discussion / Re: HashFlare Turning Scam?? on: November 17, 2017, 01:44:06 PM
Any thoughts?

" Dear friends! You will have a chance to get any mining contract with a 10% discount. "

https://twitter.com/hashflare/status/923933502382452736

"  We are extending the Halloween promotion until November 10. "

https://twitter.com/hashflare/status/927476659493666816

two days later

" The minimum withdrawal amounts have been changed! "

https://twitter.com/hashflare/status/928254346956963847

seven days later

"  The withdrawals limits have been further reduced! "

https://twitter.com/hashflare/status/930395991492169728

probably they are not having new investors, that means they may be running ponzi scheme


Typical act for the companies which is turning scam.. Anyway i earned more than i invest in 1 year. Hope they won't vanish before i get one more payment..
Good for you that you did able to reach your ROI knowing that hashflare is already putting duration on their new contracts which is only 1 year. Being worried wont really be felt since you do know that you have earned already from the site but from those new investors who did just got it on recent months will really have the risk on not reaching out their roi once hashflare would decide an exit scam.

If this is a sign of their escape then investors should be worried or even try their very best to get back their initial deposit on that site so that they will not be a victim of huge cloudmining site scam that will be happen on future. People should need to be aware that cloudmining sites are totally broke and not a very good choice for a good investment scheme for their sides.
Indeed. Those kind of sudden changes or rules regarding on their minimum payout do signifies shady stuff behind because if hashflare is still profitable they would really still remain on usual ranges.Investors should really pull out funds ASAP because they are already showing off signals that they would really become scam really soon.It might not be now but soon it will become this is why cloud mining isn't really suggested.
7186  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Potential GDAX Listings on: November 17, 2017, 01:12:16 PM
They have already send e-mail notifications (good for them and for us), about B2X. I guess it's the same with Segwit2x.
If they don't list/add some extra coins,stable and with good volume they will be behind from all the other exchangers.
I am not saying that you (as an exchanger) have to have them all (coins,tokens etc) but you have to have more than three and expand.

Of course i totally agree with this, that's the main purpose after all...

Whatever will be most profitable for them.
Every exchange do send emails if you did subscribe into their alerts and listing information would really be there and I complete agree on the fact that they are always looking into coins to be listed where they would able to make money or profits. Exchanges are businesses which they would normally choose up coins and would compete any other exchanges too.I don't have the listings since I didn't subscribe into them.
7187  Economy / Securities / Re: looking for business angels for farms on: November 16, 2017, 10:01:14 PM
Hello all!!!
Hello to you I'm crazy about crypto currency) My dream is to create several farms, both on asic and on GPU. I'm from Russia, and for example, for electricity I give 0.02 $ / kWh, so I think that the profitability as the price of the various coins will only grow. At the moment, the amount needed to purchase all necessary components is 0.84600643 BTC) Accordingly, all subsequent profits will be divided into three parts, return to the investor, to purchase the next farm, and for different expenses. And I still believe that he, bitcoin, is not even dependent that he has not fallen much at the moment, he will rise from his knees and give heat to everyone !!!
If you want to become that business angel, then for my part, I will do everything in my power to ensure that the return of your investments to you is carried out as quickly as possible and multiplied. And of course you will need to think about guarantees to protect you. I am making such a request to someone for the first time, so I apologize for the possible non-linkages. And I hope that I did not attract much attention though.

P.S.  do not judge strictly
Not to judge directly but I would like to ask on how you gonna give assurance into your possible investors into such project? Knowing that people online wont easily entrust other people with their money on just saying things that they do have cheap electricity blah blah blah and expect to get a financial support already?.Its a big No for sure and you would really get any on this forum because we are not totally fools that just throwing out money into ventures isn't really sure at all and also this kind of proposals do been seen for hundred times already.
7188  Bitcoin / Legal / Re: Are Bitcoin private property on: November 16, 2017, 07:46:55 PM
I'm talking about the money kind of bitcoin.

Some situations where the bitcoin status of being a private property or not could arise:

> A mistakenly sends bitcoins to B, and A finds out who B is.
> A mistakenly shows his private keys to B (by just saying it), and A finds out who B is.
> B executes a replay attack on A.
> B, by an practical impossible luck, creates a private key that had founds that belonged to A already.
> B sends money to A (and A sends "something" or some information to B). Then, we don't know why, everyone decides to change their Bitcoin rules and the result is that A can't get to spend his money in the new version.

I started an article (here) trying to defend the idea that bitcoin is not private property, therefore all of the examples above couldn't be classified as theft or robbery (of private property).

What do you think?
Bitcoin is a private property until it is in your wallet , doesn't matter whether u spent it or just let it stay in the wallet. Once your money is not in your wallet its not your property anymore. It will belong to the person who receives it and you cannot do anything about it.
This is the beauty of having a bitcoin in your own wallet which if its stored in your wallet then no one could ever get it from you as long they don't know the keys which would access the wallet then it is still safe. It is considered as private property and cant be bruteforce a wallet since they would really need quantum computers to break hashes that's why theres no need to worry.
7189  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bittrex Verification Problem on: November 16, 2017, 04:22:36 PM
Thanks for reply & guide,

Problem is in bittrex my name show as RAHULKUMAR JAIN & in document my name show as JAIN RAHULKUMAR..

That is the problem.. i think that's why my name is mismatch in their system.. i got some tension that either my account will verify or not on bittrex because I had already deposit some bitcoin in account..


Even if you did just put up them wrongly or on opposite places they wont really consider such thing and I do observe they are really strict when it comes to verification which is actually good in my own view and just for our own good too which we can really presume on the security but the frustrations is really there specially when you are in a rush and the verification took soo long. Just keep on messaging their support regarding on the issue. 7 days Is too long.
7190  Economy / Speculation / Re: And We Are Back In The Game! on: November 16, 2017, 03:09:49 PM

Officially, Bitcoin is back in the vicinity of $7,200 and there is a big chance it can surge ahead and toppled the $7,500 level soon. Does it mean that Bitcoin is now back in the game after the 'attack' and being sluggish for some days?

Well, we are hoping that this can be the start of something bigger for Bitcoin and there would be no big correction happening again. The message here is quite clear: Nobody can kill the King...if China was not able to deter Bitcoin from growing how can its spin-off do the crippling damage they wished for?

But then again, it is not good to brag as we don't know what can be in the next few days and months so let's just be happy that maybe we can say that we are into the game and that Bitcoin is really here to stay for good.

Bitcoin was never out of the game .
Even though the  s2x and BCH controversies were happening bitcoin did not fall from the highest valued crypto currency . Yes, there was a little downfall in price but no one could de-throne bitcoin.
I agree that we cannot brag about it , but if we keep backing up bitcoin the nothing can stop it from touching the dream mark of $10k in the near future. I think that value fluctuation is quite obvious keeping in mind the "volatile" feature and nature of bitcoin and all other altcoins.
This is what most people do speculate into which we do hope for the price to hit up for $10k price and as you said bitcoin was never out of the the game even there are lots of issues which it has been attached it is still kicking and price corrections isn't really surprising only newbies on bitcoin world would be shocked on this kind of movement but for those people who are here for how many years would definitely know on how bitcoin price behaves.
7191  Economy / Web Wallets / Re: Which web wallet charges the lesser fees? on: November 16, 2017, 02:29:51 PM
Coins.ph the only coin wallet here in my country,i think it has a lesser fee and affordable in making some transactions,and I like the faster transactions when I am going to withdraw my money.
It doesn't have lesser fee, it's even like other web wallets that are asking for high recommended fees even your transaction is just a low priority one.

That web wallet is good for sending to the same wallet address that they provide, like xapo>xapo or coinbase>coinbase.

It's not only that cheap but it's for free.
Coins.ph? They charge ridiculously high compared on other wallets like electrum or blockchain.info which you can able to set fees depending on your needs which you cant able to do on those web wallet we do know locally. I do agree on the thing you do said that it is better if the people who you do transact with do make use of the same wallet will really make the transfer free of cost which is good.
7192  Bitcoin / Bitcoin Discussion / Re: There are more gold than Bitcoin on: November 15, 2017, 09:06:18 PM
Scientists yesterday 17/10/2017 discovered a vast supply of gold on the far side of the universe.
The extraordinary hoard is the result of a huge collision between two ultra-dense neutron stars.
The resulting gravitational waves and radiation flash were picked up by powerful detectors and telescopes on Earth and in orbit.
The explosion happened 130 million years ago in the Hydra constellation, which is so far away that the light and the ripples in space and time have only just reached us.
The gold created by the blast is estimated to weigh more than the whole of the Earth’s mass. Huge quantities of platinum, uranium and other heavy elements such as lead were also created.
Scientists not only 'heard' the phenomenon by measuring vibrations in space-time, they also used satellite and ground-based telescopes to see light and radiation pouring out of the stellar fireball, dubbed a 'kilonova'.
Excited astronomers talked of opening a 'new chapter in astrophysics' and unlocking a 'treasure trove' of new science.
The discovery will help scientists better understand the inner workings and emissions of neutron stars, as well as more fundamental physics such as general relativity and the expansion of our universe.
One scientists suggests the event 'will be remembered as one of the most studied astrophysical events in history.'

21,000,000 Vs infinite amount of gold. find more than 21M Bitcoins.
I copied this from dailymail Uk. Bitcoin @$10,000 first month of 2018.



Whats the point of comparing them? For sure most of us do know the total possible supply of gold and the fixed total bitcoins. Theres no sense of such comparison. Gold is been here since the beginning of time since its one of the compounds that we can see on earth itself and abundance would really be there unlike on bitcoin which is limited but yet a great asset,currency and investment. They do have different fields which its inappropriate to compare.
7193  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Cloud Mining Thoughts on: November 15, 2017, 07:52:15 PM
So I've worked out what I could have bought in BTC on the day I bought the cloud mining contract.

If I had invested my 520$ directly in BTC I would have been able to buy: 0.12BTC (End of August)

In the 3 months since I've had the cloud mining contract, I've mined in total: 0.05503711BTC. So In theory, I should be able to get to the 0.12BTC in the next 3-4 months - depending on difficulty.

I'll update this thread in 3 months and let you know where its got to!
Seeing on those numbers you are definitely reaching out ROI very soon and just as expected because mining difficulty do rise and come to think off that mining contracts now do have duration which means possibilities that might still able to lose up on your investment is there this is why mining on cloud or rending others computing power isn't really worth at all specially for longer runs.
7194  Bitcoin / Mining speculation / Re: i have free electricity ... rig or asic ? on: November 15, 2017, 06:04:38 PM
hi guys, i m new in business and sorry my english is very weak ^^

im french and i work in EDF, so i have a free electricity and no restriction...

i have 4k5euros budget, i need to buy asic or a rig ??

thanks u
Probably a mining rig with the right specs you could have save a nice profit from it due to long term mining rig can still be useful compared to a scrypt asic and probably cost more than the rig. You won't be bothering the power consumption of rig compared to asic in the long run because it cost low power than the asic.
Energy consumption wise then asic would really be excluded on that one because it does really consume much energy. If you do have free electricity then both ways would really be profitable for you either on altcoin or on asic itself. Wondering now on where those free electricity came from? Grin This question always on my mind when I do see a thread talking about free electricity.
7195  Economy / Speculation / Re: Why bitcoin fell by to 30%? on: November 15, 2017, 05:32:32 PM
What are you referring too? When did bitcoin drop 30% recently?
on Monday morning the bitcoine rate fell to $ 5,605, which is 29% lower than the historic maximum at $ 7882 recorded on November 8. By November 10, the fall was already $ 1000 from this mark, and over the weekend it increased.
If you do talk on fixed percentage then I would agree on 29% but telling on nearest round off then it would be considered as on 30% since they are just near. The reason? I do highly suspect the cancelled fork even ( B2x) which people decide to took all of their bitcoin that have been invested hoping for another free b2x if the fork have been done but unfortunately it has been canceled because of lack of support.
7196  Bitcoin / Bitcoin Discussion / Re: What are the advantages of having Bitcoin? on: November 15, 2017, 04:25:18 PM
The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  Roll Eyes
Advantages? There are lots if you do compare it regarding on payment system compared to local fiat and also on the full control of your own money. Bitcoin do really give the convenience on transferring money without any 3rd party involve and in just on a matter of clicks you would able to transfer money anywhere globally as long you do have the internet connection and also come to think off that bitcoin do also give the benefit or opportunity on making money on what it makes special though and been a great thing on which most people could see.
7197  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Transaction Stuck for 2 Days on: November 14, 2017, 08:08:12 PM
Hello there if you don't mind, you can post here the Transaction ID of your transaction or you can PM me and I can help to accelerate it and push it if and only if the transaction is still on the network since its 2 days already.

My transaction is stuck for 2 days now... could you have a look?
https://blockchain.info/tx/5052c920d04740bd6e119973fd43a48b38478fd602bd55c79b8a9f7d2ac5c620

Thanks in advance!
Seeing on the tx you have given it do have already 16 confirmations and I'm sure those bitcoin been transferred is already in your wallet. This delays been caused of huge number of unconfirmed transactions in the network which do really slows down and takes really more time to broadcast a particular transaction.
7198  Economy / Trading Discussion / Re: StopLoss-Orders: useful or not to hedge portfolio risks? Your experiences? on: November 14, 2017, 06:26:08 PM
I use stop loss orders only when the coin that I bought went on a bull run like BCH, since I am thinking that BCH price at that will will not hold on to $2,000 USD and since I already have a sure profit since I bought BCH when Its still, I processed a stop loss order so if in any case price dropped, your profits are still intact.
This is why stop loss are really important if you do know how to set-up it on a correct price point specially when you are already trying to protect your profits then it would really be a great move and always been a suggested thing to do. Stop loss will really helpful when you predictions and analysis would go into opposite way and just like on forex there are some trading platforms who do have buy orders which is really great on a very volatile market.
7199  Economy / Service Discussion / Re: Legit Mining site? on: November 14, 2017, 05:54:52 PM
Unless you build your very own mining farm, do not invest in any venture... well at least only if you have personal trust in persons behind the deal and know them.

Louis
www.bicoin-law.ca
  creating you own mining farm is to risk if you dont have knowledge how to setup the device. Lol .and also creating mining farm is so expensive which is can cost a high bill  of electricity. And also its hardware parts is so expensige also.  So not recommended for beginners.
Its already understandable and put into consideration if you do plan to build your own mining  farm then you would normally think off on the factors that do really be needed on such operation. Electricity would be the main thing to be considered first and I would say its much better to create my own mining farm rather than entrusting my money into those mining sites. I do love to have the full control of my investment physically and within the reach or view of my own 2 eyes and hands.
7200  Bitcoin / Legal / Re: How to tackle ether token scams? on: November 14, 2017, 03:35:22 PM
Before try to invest, make sure that you've fully observe the ICO project because there is no guarantee that the project will keep running.
Just think before start to invest, cryptocurrency is not ordinary investation, it's a risk investation so you must prepare for lossing rather than winning.
Make sure do not click any unknown link for prevent any malware attempt since criminal getting advance from time to time.

Yes that's absolutely in danger of possible malware attacks so we better be careful and always be safe when checking those link associated with the so called project ICO. Those ico that has signs of scams might have no records on selling histories on ether scan, that's why we really need to check the website or any whitepaper or ann thread discussions. With that ample ways you can determine the actual scenario on how the ether token will be successfully be launched at tradings site or might be a failure.
If you are a wise investor you would really do such thing on which you would really make investigations and research regarding on a project. Back in my newbie days I do carelessly invest and mistakes molds me to be a smarter person regarding on this field.If you are really careless and which do easily fall on some too good to be true offer or verification without knowing that you are either download virus or being phished already.
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