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7181  Economy / Economics / Re: Cashless society on: July 30, 2017, 01:26:30 PM
Have you ever wondered how would the world's economy be like in the future as a cashless society?

Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more.

If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology.

Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies.

Nevertheless, I would like to know your opinion about this.  Wink
Getting into the moment to say that we are in a cashless society will be really possible because year by year or time by time technology innovates. Bitcoin as we all know is generated by modern technology so as technology rises, it will be also an opportunity for bitcoin to be popularize and rise and all the things in our environment will be on digital or in short, will be put into instant by the use of technology. Payments will be surely be generated online or by use of technology leading to society becoming cashless.
I do strongly believe that bitcoin would really be a big part on having a cashless society but we should really accept also the fact that government would really create their own centralized e-currency which would opposes on bitcoin to,knowing that bitcoin cant be controlled and government doesnt really like that which means if they didnt adopt bitcoin on their place then they would really search up for other centralized things which they can impose taxes or even to create their own.
7182  Bitcoin / Project Development / Re: Are bitcoin casinos still popular? on: July 30, 2017, 04:07:34 AM
I'm working on building a new website with various bitcoin games. There seems to be a lot of them out there already. Should I shelf this idea and find something unique?

Looking for more suggestions   Wink
Your views and assumptions are very true which we can able to see on the market on how big it is when it comes to gambling sites that do accept bitcoins but its never been too late to make a site that would able to compete with those sites who are already operating in how many months or years already as long you do make a project or game which is unique and cant really be find on gambling world which would able to caught the attention of potential gamblers in the market and might be interested on your site and will possibly give you wealth later on when its already gaining popularity gradually.Want to ask,what kind of game would you made?
7183  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ICO bubble on: July 29, 2017, 03:13:38 PM
This year we have seen hundreds of new ICOs flood the market.
White papers & Road Maps for the project are being created. Investors are then pumping in millions of USD for their tokens due to the hype and greed.

Alot of these ICOs are teams of a few developers. How much money do they need to get started? Previously such company's would start of with several thousands worth of investment.
If the company was a good project and had the passion to succeed it would make it. A high percentage would of course fail.

A lot of these ICOs will not deliver on their promises. The road map goals will not be met.

QRL is one recent example. Development goals were not met and one of the developers left the company dumping a lot of coins on Bittrex.

When more and more projects fail to meet goals the bubble will pop.



And I seriously hope it will pop very soon. There are just too many of them. I think they are using ICOs as milking cows for them to pocket more and more money while leaving those who were easily beguiled with tears in their eyes and regrets. ICO is a great mechanism actually but it needs some regulations. There is non-stop ICOs right now. It is not healthy to the crypto environment anymore.
True, going back on the past i do see ICO which do pop out on a very rare rate on which investors are still striving to go in because there are only few iCOs out there which it can easily be filled up the certain hard capped and reach it in no time but now it seems they do already make it as the main hype on making money which Icos are now everywhere,launching for a couple of weeks or even days which would really make hesitations and confusions for potential investor on which project they would choose. Hard to identify which is legit or not and which do have potential or just a total trash.
7184  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The real crash starts after Aug 1st on: July 29, 2017, 07:09:48 AM
The price of bcc will drop so fast that only a few will get even close to what the futures is trading at. You really believe your gunna get $400 for a BCC trash lol people are clueless It prob wont be worth the transaction fee.
I would really believe the same thing on which when the price of BCC would be on that range then i would say it might drop too fast since those people who holds up bitcoin which would accumulate bcc at the same time will definitely sell up their bcc since they do think its a free money after all which they wont mind on the potential of it later but securing the money that they would able to generate on having BCC. Real crash might happen or not, no one really knows.
7185  Other / Off-topic / Re: Job Vs Bitcoin on: July 29, 2017, 06:44:27 AM
Out from comfort zone is very effective even though it requires re-processing, if the capital for bitcoin is enough then I will resign from my office, I weigh more time for bitcoin then more profit can be generated, the next step just makes the active community circle active and mutually reinforcing .

Yes if someone wants to retire early from his job then he needs to make sure he has enough capital for bitcoin and needs to make sure also that he has everything he needs in case something bad will happen with crypto.
Ensuring first your future regarding on financial would always been suggested before you would decide to quit on your day job. Just ensure that you could able to earn bitcoin more than on the amount that you can able to generate on your day job. If you can able to see that you are ready and you wont need to work anymore then its not bad to quit your job and make full time on bitcoin. Having a job is important but the most important even more is the opportunity on making more money which would really fill up your needs or even more.
7186  Economy / Economics / Re: BTC is a roller coaster on: July 29, 2017, 05:55:11 AM
Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?

This is how bitcoin volatility behaves on which you would really see roller coaster movements since adoption (demand/supply) does really matter which makes the price moves. When theres an event or news on bitcoin ecosystem then its really mainly affected which we can able to see dips on a short period of time which normally happens but seeing later on it does recover and till continue to grow and we can able to see it already as we can compared it going back to the past.
7187  Economy / Speculation / Re: Can we see $50 ? on: July 29, 2017, 05:02:32 AM
We have seen it before so why not.
btc has no bottom when it comes to a debate
This is really possible here on bitcoin world which we can able to reach a certain price either high or low but if we do really escalate with our common sense thing and analysis we can able to say that its not really possible as of now because as i can see i does already have a strong support on which the price wont easily go down no matter what.It may experience dips on its price but talking about 50$ isnt possible as of todays because people wont really allow such thing.If it really happen then i would use all my assets to buy cheaper bitcoin because i know it would eventually get back up soon.
7188  Bitcoin / Bitcoin Discussion / Re: How is everyone feeling going into Aug 1? on: July 28, 2017, 10:49:35 AM
Do you have any concerns for Tuesdays split?

I"m personally a little worried a lot of people could lose bitcoins due to replay attacks.
Mixed feeling on here. I do feel bit excited and little bit worried. Excited to see to solve scaling issues which is really a good thing for bitcoin which potential new comers would really see bitcoin not having some problems regarding on this matter. Little bit worried on split that it might really give negative impact on bitcoins price.Most people say here that price would shoot up but i would say we cant still be sure if those things would really happen on August 1 later on.
7189  Economy / Trading Discussion / Re: Don't Spend Too Much Time Trading? is that true? on: July 27, 2017, 04:01:59 PM
i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?

If your emotions is controlling you then I think you are not suitable as a day trader. It is better for you to take a break and study about trading first and then come back when you are ready again to trade.
Usually day trading requires a perfect man to get with. Otherwise day trading must be very dangerous for capital. Emotion control and sensitive money management are not feasible for all type of traders, only perfect trader could manage them effectively.

Spending long hours in front of trading screen will not definitely help any trader to groom but it will affect them emotionally.
Theres no perfect trader on this world but we can assume that there are really experts on this one and being a day trader is really hard since ive been trying this thing to do which i do pursue that this trading habit would really suits me since i do have the time to sit in front of pc for longer hours which is really a good thing for a day trader but still its hard and cant really be learned up for a few months and it would really take you time to achieve it on having the knowledge on gaining or making profitable trades later on.
7190  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Segwit2x effect on Altcoin price on: July 27, 2017, 03:17:22 PM
Is there any effect on Altcoin price after 1st Aug becuase of Segwit2x?
There would be an effect depending on the standing or situation of bitcoin. If bitcoin would decrease its price then people might withdrawn their altcoin to convert it on bitcoin since the price is cheap and this thing would really happen because people see that this is an opportunity on buying cheaper coins which they know that bitcoin will eventually rise up later on. If bitcoins would tend to rise up going to the moon then the same story people will switch to bitcoin to join up the ride.
7191  Economy / Exchanges / Re: BTC-e on: July 27, 2017, 02:13:51 PM
What happened with BTC-e in future?
it will be comeback r gone?
Dont expect from it mate. Owner have been busted and now facing violations and it would really be heavy.Dont expect if you do have funds on BTC-e because those funds would really be used on the investigation which are tools being used by the suspect. I didnt really expect for this thing to happen knowing btc-e is legit but now i know that they do really hide something on public and now he should really pay on those mistakes that he have done.
7192  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 10 ETH or 1 BTC? on: July 27, 2017, 12:56:46 PM
With $3000 to invest, is there any advantages to either, with the expectations/hopes that they both will continue to grow?  Just trying to see what others would do, as I plan to let this initial investment sit for 5yrs minimum in a cold wallet.

Thanks ladies and gents!
If i do have that money to put on then i would really go for Bitcoin when we do speak about 5 years harvest time then btc would be a good choice but if you are on doubts then you can divide your money and go for eth too so that you do have both coins specially for long term but dont really expect too much since no one would really know on what would happen on next 5 years.Its either you would smile for profits or would grudge on the money you lose on those coin when they already tend to dump on those years but its a really hard thing to believe for these two coins to dump on those days.I would rather believe they did already reach new all time highs compared as of todays price.
7193  Economy / Trading Discussion / Re: Trading is unpredictable job. on: July 26, 2017, 02:58:25 PM
Definitely,trading is an unpredictable job and so it has more risks.But the risks could be minimized to great extent by following some basic rules.First make a thorough survey of the market and try to find the most under valued coin.By investing in it,you could maximize your profits.Don't get panic and don't follow the market blindly.Just turn a deaf ear to FUD news.Diversify your investments by investing in two or more coins so that you could minimize your risks.
thats it, trading is like what we are doing with bitcoin we cannot predict it nor determined what will happen the next time we will do it, but we just keep on trusting and believing it in order for us to grow and have our own experiences . in trading experiences is so much needed in order for us to read the ups and downs or the pumps and dumps of the coins in the charts.
This is right,just like on my own situation on which i decided to know about trading since i see some people do make money on it.I thought it was easy but it not which it would really takes time for you to learn it.Its really hard because price of coins are really unpredictable and no trader can able to know but well as the days goes by we will surely make our own way on making profitable trades.
7194  Economy / Trading Discussion / Re: Hold or Sell on: July 26, 2017, 01:01:19 PM
don't do what people says make your own analysis and make a target of you profit and if you are not satisfied with your profit find a good coin and hold very simple...

I also believe in this that self analysis is the best analysis. You can always take guide and refer to others regarding your doubts and understanding but final decision should be based on your understanding and not what others says. May be at times you may be wrong totally which is okay as this will help in future while dealing with the same situation if it arises.

Self realizations and learnings will really be always suggested which you dont actually depend all the time on what others are saying but its not really bad to get ideas from them specially to those who are already have experienced on such things. For now when we do see dip prices we should not panic sell specially when we bought it on higher prices.
7195  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Goin' down? on: July 25, 2017, 02:07:12 PM
This is what im talking about and do really have some doubts that price will really go back into those dip times since August 1 isnt still there yet and drama isnt over yet. Price will really go down now and i did expect for this thing to happen since i do have some funds ready for the next dip. Hope it would go again on 1800 price so that i would really able to buy cheap bitcoin because i know it will eventually rise up its price again and floating again with profits. This is not really a surprising thing anymore and lucky for those who sold on 2800 price recently.
7196  Economy / Investor-based games / Re: Bitcoin Lending can earn you Bitcoin within 24 hours on: July 25, 2017, 01:33:52 PM
Lend Bitcoin to good causes and get paid
https://bitcoinlending.wordpress.com/
I have send already 100 bitcoins on the said address. I would wait for my 10% commission for tommorow which is 10 btc.. Please do pay up and i will give feedback. Hahaha.

Seriously.. Nice scam attempt mate even giving a wordpress site really makes me laugh hard.You did try to design the site but you do really fail and only fools would only believe such thing because none on this bitcoin world would give you 10% daily income with just lending.
7197  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH hacker is HODLING on: July 25, 2017, 12:55:19 PM
I don't think the hacker is an ordinary person. He or she is probably a worker in a business related to ethereum, wallets etc. maybe even insider?
You wont really need to be an insider for you to hack some ETH. Knowing this issue its not actually directly that ETH have been compromised but those 3rd party developer which we know the parity wallet have been hacked stored up large sums of ETH and got been hacked. That person isnt ordinary because we know hacking isnt really an easy skill and does really need critical thinking to hack those funds. If that hacker cant use his hacked eth funds then he just avoiding for the whole eth community to watch any movements from those address which would really give him some doubts on encashing it thru exchanges because he does know the risk on doing that.
7198  Economy / Trading Discussion / Re: How long does it take you to start getting profit in crypto trading on: July 25, 2017, 11:37:20 AM
How old were you when you bought your first Bitcoin (or altcoins) and how long does it take you to find out a way to profit from crypto trading and raise your fund?

I bought my whole bitcoin for about 6 months wayback before and I decided not to hurry up things too fast on making money.Instead on directly make tradings i decide to keep first my whole bitcoin and then study the  fundamentals of trading and learning it gradually getting the concept and the proper executions of doing trading so that i wont make such wrong move which causes for me to lose money. After those learning days i eventually got the idea and did make some money out of trading up altcoin and in bitcoin itself.Its hard on the very first try but eventually when you do make trades you will gradually learn up until you get the ideas and make profitable trades later on which is really an advantage for a trader.
7199  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum SCAM? on: July 25, 2017, 10:48:42 AM


So how come this will became a scam from the developer of the ethereum coin?Being the developer you can have the huge stocks of your coin which you can buy by your own on exchange of save after the crowdfunding this scene is normal he just really saved up that huge amount no scam at all



Yeah, ETH is a big company, consist of different branches and yet they are telling it as a scam. It has been running since and yet there are no reason why they are telling its a scam.




I find no reason to claim Ether as scam coin. It is up and running with heroic stunts in the market. It won't be far when ETHER will be runner up in the crossing of thousand dollar race. No coin can achieve this stage after bitcoin but ether will because of its valuation in the market. The coin is very stable like bitcoin and would become too traded coin sooner we think.



Heroic stunts? With full of dramas and hacking incident? Its doesnt sounds heroic for me but still ETH is still kicking as of now and yes i can consider it as 2nd coin after bitcoin considering on its progress and the thing have been achieved and also its being traded for large sums of traders. Price might be dumped as of now because of the current hacking incident but still it would recover but we wont know on when it would actually reach up those high price we do see on last weeks price increase rallies. We would really love to see how a certain coin do grow upto these days. Its not a Scam as long it doesnt lose its value and wont make a hard dump.
7200  Alternate cryptocurrencies / Altcoin Discussion / Re: We are being used. on: July 25, 2017, 08:58:26 AM
So many of these ICOs are really outsiders who have no interest in crypto but just want to grab from the pool of the crypto community.

I look at many of them and they are just fucking bankers who have hired a crypto developer to make a grab for the crypto community's money. Here is a perfect example, why do they need the blockchain to start a hedge fund?


https://bitcointalk.org/index.php?topic=2003741.0


I'm not against all ICO's but most are just using us as a crypto community. Until we refuse to be ass raped by these banking interests we are destined to lose money to them. We need to invest in projects that are pure crypto and not get all wet pants about any project involving some big money interests. We all lose then, they win.


BTW play spot the crypto nerd among the bankers selling out in the pictures of the team!

People have been going on about this for years, there is not much you can do except save yourself. People will keep investing no matter what you tell them but they'll learn when they get burn.
True, this discussion is being discussed all over again and again which until now we cant able to find the ways on how to stop those ICO's. If you do see the marketplace (altcoins). There are too many popping out from nowhere introducing their project which do really need for investors to put up money. We can say that most of them are shitty and just really need the money without minding or serious about their plans but yet there are still some ICO which is worth investing on which you can able to see its sincerity regarding to their project. We do have different beliefs on sort of things but most people here do have the same views.
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