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7221  Bitcoin / Bitcoin Discussion / Re: Best Social Media Outlets for Crypto on: November 05, 2018, 05:11:11 AM
What do you think is the best social media platform. That is more influential in Bitcoin and other Cryptocurrency.

That is good for content creators to use? developers? Analysts? enthusiasts   . What is the one most important to journals in this industry? thanks

Content is King, If you have good content then all Social media outlet can help you. I have seen lots of content on different platforms, most of them are trash. Those with original and good content are hard to found now days.

If you want to start then the best place will be Reddit as you easily find like minded users there. If your content is good they will appreciate and help you more.

P.S - Read and understand the Guidlines for Reddit first.
7222  Bitcoin / Bitcoin Discussion / Re: When will PayPal start accepting bitcoin? on: November 05, 2018, 04:50:23 AM
Sure, paypal is the big kid on the block right now, but who's to say they won't start accepting bitcoin as one of many international currencies?

(Edit: I just added "after 5 years" and "never" as additional poll choices.)

Why would they?
Paypal will loose a lot of revenue if they start accepting Bitcoin. They cannot charge such a hefty 3 percent for Fiat conversion as people would prefer alternate option.

There are many startups that are already working on products like paypal using Cryptocurrency. By next year you might be using their services at Amazon or other online retailers. Why would then Paypal enter such a competetive market?

My answer is never.
 
7223  Bitcoin / Bitcoin Discussion / Re: India Considering Cryptocurrency Ban on: November 03, 2018, 05:59:20 AM
Indian regulatory body the Financial Stability and Development Council (FSDC) is considering measures to ban the use of private cryptocurrencies while encouraging distributed ledger technology instead, after a meeting on Thursday.

    Mr. SC Garg briefed FSDC Council about the progress in the Inter-disciplinary committee on Crypto "to devise an appropriate legal framework to ban use of private crypto currencies in India".

    Read the official press release. #regulation pic.twitter.com/XrU8BIHuAt

    — Crypto Kanoon (@cryptokanoon) October 31, 2018


Ban On Private Cryptocurrencies


The FDSC’s 19th meeting of the year convened on the subject of global and domestic economics, as well as India’s performance in the financial sector. The Council noted that advancements in fintech cybersecurity had been made, including steps toward a threat response team it named the Computer Emergency Response Team in the Financial Sector (CERT-Fin).

Despite that, the regulator will still move forward with consideration of a crypto ban, stating in the official release:

    “The Council also deliberated on the issues and challenges of Crypto Assets/Currency and was briefed about the deliberations in the High-level Committee chaired by the Secretary (Economic Affairs) to devise an appropriate legal framework to ban use of private cryptocurrencies in India and encouraging the use of Distributed Ledger Technology, as announced in the Budget 2018-19.”

India’s finance minister Arun Jaitley attended the meeting, as well as members of the Reserve Bank of India (RBI), the country’s central financial institution. Both have been critical of cryptocurrencies in the past, according to a report by The Next Web.

Read more | https://cryptoslate.com/india-considering-cryptocurrency-ban/

It is being considered that doesnot mean thar they have placed a ban on cryptocurrency.

So, Chill.

India is a Democratic country and it is not so easy for the Goverment to  take such harsh decision when Election are schedules next year April.

The Indian crypto exchange and community is already contesting the decision by RBI in Supreme Court. We need to wait for the verdict and believe in Democracy.

India is not a Banana Republic where few people can decide and implement a LAW. It is a Democracy where people have the power to decide, what is good for them..

P.S - The term PRIVATE CRYPTOCURRENCY is quite confusing. If they wanted to BAN cryptocurrency, why write PRIVATE CRYPTOCURRENCY.
7224  Bitcoin / Bitcoin Discussion / Re: Did you just see BTC on NBC? on: November 03, 2018, 05:34:51 AM
The Tonight Show just did a joke about BTC turning 10 years old, did you see it?
Did you just see BTC on NBC?
When it goes on YouTube, please post a link, if you want to.

It does not bothers me anymore, the more Bitcoin rises the more negativity will be there on the mainstream media.

They all are controlled by big Financial Institutions and panic has started since 2017, they clearly know that the end is not too far.

Such negative news are now not impacting the markets. So, sit back and relax.
7225  Economy / Speculation / Re: Speculating the market? on: November 02, 2018, 07:49:18 AM
If it was that easy then all of us would have been rich by now. Investing your money and making profit are two different things. That is why people tend to Invest and HODL rather than trade as there is high risk in trading.

80 percent traders and 50  percent Investors loose their money the first time. This is mostly because of Lack of patience, experience and knowledge.

Better to do some research/study and then only enter the market.
7226  Economy / Trading Discussion / Re: BTC Prices Predicting Software on: November 02, 2018, 07:33:10 AM
It will be waste of time and money. If humans are not able to predict the market than how can you expect a software that runs on algorithm developed by a human can predict the price. Noobs may easily buy this software and later on after loosing their money will call it a scam.

It is better to avoid such crazy idea and products if they are present in the market.
7227  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your favorite way to cash out? on: November 02, 2018, 07:09:24 AM
In my country most of us are using localbitcoin or P2P exchanges to cashout. Some local exchange do allow to cashout directly to the bank, but the amount should be small. It is tough nowdays as  there's currently no local bank which will aloow to cashout.
7228  Alternate cryptocurrencies / Altcoin Discussion / Re: Now youtuber Can earn from Cryptocurrency on: November 02, 2018, 06:50:31 AM
Payviews.org is a program that gives the option to real youtube to convert there each view in Crypto tokens and get paid according to there views.

Many YouTubers is banned by google and Youtubers always fear about getting banned, But PVS will now help such YouTubers and enable the option for extra earning.

Check https://bitcointalk.org/index.php?topic=5061702.0

This clearly violates Youtube payment policy. I do not think this is legit. It would be good if Youtuber can check first with support, before signing up fot this company.

As this may be a scam and people might get banned and also loose their hard earned money.
7229  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you learn about new altcoins? on: October 31, 2018, 10:46:39 AM
Aside from here, where else?

Apart from this forum. I have been also using Westart. In westart you need to first clear level 2 KYC. As through them you can participate in new ICO TGE,  join Airdrop program and also Bounty program. They only list ICO's after they clrar their listing criteria. So the chance of Scam is very low there.

If you would like to join Westart then click the link below
https://westart.co/discover?ref=60505

P.S - The above link is my REFERRAL link.   


 
7230  Alternate cryptocurrencies / Altcoin Discussion / Re: What are you doing with your bounty tokens? on: October 31, 2018, 09:42:27 AM
When I began working with bounty I hold everything.
Then, I hold 33%, 33% change to more interesting coins and 33% sold.
Now all market is dip and I don't want to sell anything..
What about your strategy?

The market for ALTs is really pathetic. Almost all of them are below their Pre-ICO price. There is no point in selling them at such a cheap price, thay is why from march this year till date I am holding all my Bounty tokens. Still waiting for the right time to start selling them. I think most of the Bounty Hunter will be doing thr same thing.
7231  Alternate cryptocurrencies / Altcoin Discussion / Re: Pick ur Altcoin on: October 31, 2018, 09:20:26 AM
With there being around 2,000 cryptocurrencies and tokens on the market today it can be very confusing what to put your money in to.

Diversification is definitely a key element when it comes to any type of investment but at the same token it makes no sense to overstretch yourself either..

I would recommend diversification between 3 to 7 projects depending on your budget.

Here are my top 7 picks these picks are based on a lot of research and criteria.

These have a strong working product, high volume in the market, solid future development plans including partnerships and great marketing behind them along with solid moves towards adoption

These are in no particular order.

1. Bitcoin
2. Etherium
3. Dash
4. XRP
5. Eos
6. Tron
7. digibyte altho it's considerably lower volume than the rest and has not got the strong marketing behind it ..it is a fantastic project lightning fast super decentralized and cheap to use..

The top 2 are the best coin and would be recommended by most. I would also like to add these three coins which are new but have a high chance to be in the top 100 coins on CMC.
My first pick will be Credits or CS, there mainnet will be launched shortly.
My Second pick will be Open Platform or Open. Concept is similar to paypal but with Cryptos.
My third will be ImmVRse or IMVR, Concept is based on VR. ICO is paused, it is trading on DDEX.
7232  Bitcoin / Bitcoin Discussion / Re: What do you want to see for Bitcoin - A stable or a volatile market? on: October 29, 2018, 04:52:00 PM
The more volatile the market, the merrier it is for traders. Unfortunately that is a negative situation for a trader. It depends.... For me as an Investor it will be a long wait

I, personally think it is a good time for a new Investor. Market are way below their native price.

Let's assume the Market come back for Bear to Bull, the rest will become History.


7233  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] ◌ Alfa-Enzo ◌🚀 time as an experience 🚀 $3M PRIVATE SALE COMPLETED 🚀 on: October 29, 2018, 05:40:58 AM
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7234  Economy / Trading Discussion / Re: Which coins or tokens will be profitable within this month? on: October 29, 2018, 04:58:30 AM
I have been carefully viewing this ALT coin for the past few days. It is IMVR and is listed on DDEX. Few days back it went 1000% above its average price and every day it goes up by 20 to 30% and then goes down the next day. If you are a risk taker then this token is for you. Best token for day trader.

P.S - Do your own research before investing. ICO price was $0.005/IMVR.
7235  Bitcoin / Bitcoin Discussion / Re: NEW! Bitcoin Smartphone Coming Soon on: October 29, 2018, 02:37:32 AM
The start-up Sirin and the electronics giant Foxconn are planning a smartphone with a built-in digital wallet. This should be much easier - but the mobile phone will not be cheap.


Virtual money like Bitcoin and the smartphone - this is not a real love, on the contrary. Recently, there have been increasing warnings that cybercriminals are not only attacking PCs to illegally dig cryptocurrencies, but also mobile phones. Now a start-up and a large contract manufacturer want to make it clear to the consumer that the combination of Bitcoin and smartphone can also have their good and safe sides.


The Swiss-Israel company Sirin Labs and the Taiwanese electronics giant Foxconn, which among other things manufactures iPhones for Apple, are planning the first smartphone with blockchain technology. So with the technology that forms the basis of all virtual currencies. Thus, the crypto will finally mass market suitable, says Sirin founder and co-CEO Moshe Hogeg. The device, jointly developed by Sirin and Foxconn called Finney is said to facilitate transactions with digital money and provide protection against hacker attacks.

Use physical switches to access the wallet
The two companies are counting on the fact that there are currently millions of Bitcoin owners, but only a few use Bitcoin for day-to-day business. The complicated technology makes this unattractive. To prevent theft, Bitcoin payers must keep their assets on special memory sticks until needed. Then remember to remember complicated usernames and passwords that can be many characters long. An uncomfortable thing that gets in the way of a really big spread. "No chance my mother will find out how to use Bitcoin. And my mother is smart, "says Sirin boss Hogeg.

MORE ON THE SUBJECT
With a smartphone that basically everyone can carry in their pocket, everything should be much easier. With the Blockchain mobile phone, for example, users should be able to shop on crypto-friendly websites. This promises a high level of security. Finney devices - under this brand, smartphones and PCs are planned - are the first to rely on the applicable as uncrackable Blockchain Technik. They run under the widespread mobile operating system Android, in conjunction with special cybersecurity technologies. With the help of its own physical switch, the owners should be able to cut off online access to the built-in digital purse ("wallet") and thus hinder hacker attacks. This so-called "cold wallet" is considered safer than a "hot wallet" that can be accessed anytime via the internet.

Competitors are also involved
Sirin has already raised hundreds of millions of dollars in project development from investors:  158 million USD in December, and another 70 million USD recently. The Bitcoin smartphone is expected to hit the market in October 2018. First, it wants to market it through its own stores, later on via telecommunications companies. The device is not cheap. Initially,  999 USD are targeted; Later, license agreements with other cell phone producers should push this price down to 200 USD. Among other things, Sirin is in talks with Huawei.

Meanwhile, others have discovered the charm of a blockchain phone - competitors like Zippie and Bitvault. Nevertheless, analysts rate the prospects of success quite ambiguous. On the one hand, the use of Bitcoin is still very limited, on the other hand, there is a danger of constantly carrying its virtual money with it. Criminals could kidnap Finney owners and forcibly gain access to the virtual wallets, so the fear.

Author: Marko Vidrih




Nice Initiative
HTC has also launched somewhat similar smartphone, cost of this phone is somewhat similat to the new iphoneXR.
If they can reduce the cost then I am sure this new smartphone will be a hit.
Since, Hot wallet are risky to store cryptos, I am not sure whether the wallet will be the USP for Blockchain based smartphone.

Anyways we need to wait till the actual product is launched.
7236  Economy / Speculation / Re: Bitcoin prices are currently fluctuating very low! This is a strange thing. on: October 29, 2018, 12:17:06 AM
Actually this may be the silence before the storm.  Grin Grin

This is the right time to enter the market as the price is stable and from this stage you can only expect the price to go up.

Be patient and wait
7237  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ⚡[BOUNTY]⚡ ATOMIC SWAPS WALLET - 💰[1 335 000 AWC]💰 REWARD! on: October 27, 2018, 01:46:37 PM
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7238  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] ITRUE - SELF-SOVEREIGN BIOMETRIC IDENTITY FOR DWEB - ($216K) on: October 27, 2018, 01:10:15 PM
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7239  Economy / Exchanges / Re: Crypto exchanges on: October 27, 2018, 09:38:13 AM
There are two kinds of exchanges decentralized and centralized  For decentralized, I use Idex and for centralized I use Binance and Kucoin. The charges are on the higher side on Binance and Kucoin. All these exchange have good volume and almost all coins/tokens are being traded in these exchange.
7240  Bitcoin / Bitcoin Discussion / Re: Unocoin co-founder arrested after opening first cryptocurrency ATM in India on: October 26, 2018, 07:34:53 AM
The Indian government appears to be like most governments - decidedly not in favor and in some ways vehemently against cryptocurrencies.

But not qualifying as legal tender does not make Bitcoin an illegal asset.

The minister’s statement was clear: cryptocurrencies are not legal tender in India. They did not say ‘illegal tender’. There’s a huge difference.
This means that you bear the risk of your investment and there’s no regulation for the industry.

But today we see a crypto businessman sitting in jail because he set up an ATM in bangalore which in all fairness was not even operational yet.
It was still in the final testing phase.

This kind of bullying by the government leads to black markets, which is exactly the sort of thing the government has promised to mitigate. How ironic that the government themselves are causing it now. As such, the Indian LocalBitcoins market appears strong, with apparently better rates for acquisition. LocalBitcoins is more of a “gray” market, with peers incurring their own risk in making in-person trades on a daily basis the world over.

The government of India is in no way pure. There is corruption upto the top level of management and cryptocurrencies would help curb this.
But that's not something they would like. As much as I would like to think that the RBI is trying to protect the people and avoid any financial crisis. It does not seem fair to arrest a man who is trying to bring about a change in order to ensure transparency and fix the flaws in the current financial system. Sadly RBI loves its place of power to much to let this change come about.

Power in the hands of the people?
Seems more like power in the hands of first wolrd instituions like the RBI.


This in no way excludes the government of other countries.

Reference: https://www.ccn.com/unocoin-co-founder-arrested-over-non-functional-bitcoin-atm-in-india/

This was suppose to happen, when this exchange announced that they will open up a Bitcoin ATM. I knew this was coming.

How can you legally open up a Bitcoin ATM, when you do not hold a license?

I am not a law expert, but as per my understanding any ATM that collects cash, dispense cash and allows you to do financial transaction has to be authorized by the regulatory body. In this case it is RBI.

All of these so called Indian Crypto exchanges are registered as private companies doing software development, they do not have the license to operate an exchange and niether as a financial institution.

Do not relate this to corruption or black marketing, its is plain case of not following the law.

Like other exchanges they also need to wait for a verdict to come from the Supreme court, which I am sure will come out after the Election next year.
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