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7281  Bitcoin / Development & Technical Discussion / Re: Intel Hack is NSA backdoor 'Discovered', NSA created BITCOIN - What's to worry? on: January 06, 2018, 08:36:28 PM
In this case, we could go even further with internet cables under the sea which can be used to extract data. Do you know it's possible right?
You can create  completely open source CPU, it won"t be so useful at the end
7282  Economy / Economics / 18% of Investors Buy Bitcoin With Borrowed Money on: January 06, 2018, 02:32:43 PM
Quote
With cryptocurrencies trending in popularity, it seems that many investors are purchasing bitcoin on borrowed money — credit cards and loans that bear interest. The consumer group Lendedu released a report on bitcoin investors who use credit to purchase digital currencies

Which of the following best describes how you funded your account to purchase Bitcoin?




After purchasing Bitcoin on your credit card, have you paid off your credit card balance?




Are you comfortable paying interest on your credit card as a result of your Bitcoin purchase?




Are you planning to pay off your credit card balance, accumulated by purchasing Bitcoin, by using the proceeds from the sale of your Bitcoin investment?





Between people who used a credit card to fund and purchase (Question 1)  Do you plan on buying additional Bitcoin using your credit card?

a. 76.23% of Bitcoin investors answered "Yes."

b. 23.77% of Bitcoin investors answered "No."

Source 1
Source 2


People are so crazy, really...So, 18% used a credit card, 22% of them haven't pay off their credit card balance. 1/3 are worried about the interest expense.... and 23% will continue buying additional Bitcoin using your credit card?...
the average annual percentage rate (APR) on a credit card is 15.07 percent
7283  Bitcoin / Bitcoin Discussion / Re: Which company provided bitcoin prepaid debit card ? on: January 06, 2018, 01:22:11 PM
I think only Wagecan.com now, since Visa locks down Bitcoin payment cards in crackdown on card issuer (VISA rages WAR against Bitcoin! BANNED)
A little drama in the cryptos community, sadly. It was useful for a lot of people
We will surely see some others soon but it will take time for sure.
7284  Bitcoin / Bitcoin Discussion / Re: The purpose of Bitcoin on: January 06, 2018, 01:11:26 PM
I had this mindset as well but to be honest I am less optimist.

It was created to take back the control of money without the need for a trusted third party (the financial institutions) but instead, it's used to speculate. It can't be used for the daily needs and so can't be mass adopted. Thanks to the dev team(/sarcasm). As well when you see AXA investing in Bitcoin, you can start to smell the fire. I won't be surprised if in a near future another cryptocurrency takes the throne.

I see another problem also: with all the regulations from governments taking place (taxes, bans, restrictions, etc...) the total control of money and the "be your own bank" slogan may be just out of the "dream" to a certain extent. If at the end of the chain there are governments, it is useless.
I still see a huge potential for cryptocurrencies because Fractional Reserve Banking is Obsolete and the technologies behind cryptos are still valuable.

I am not sure if this is a good comparison but look GNU/Linux. First came Debian, it wasn't perfect, it wasn't easy to use for the mass, but to help Ubuntu came, with improvements etc, Then from Ubuntu came the other forks, and the story goes on... What I mean is, GNU/Linux learned and improved with time and the community, etc. Maybe, cryptocurrencies are still too young for our dream.
7285  Economy / Exchanges / Re: Kraken "On Hold" - Funding with Two SEPA deposit - Verified Tier 3 on: January 05, 2018, 09:33:44 PM
When you say a "german account" I suppose you're talking about N26? Better I tell you a lot of people got their account terminated after receiving payments from an exchange like Kraken, so be careful it doesn't happen to you for sending, you never know...

Was it your first deposit? Because the first take a bit longer to get it credited, compared to others. Another reason could be that Kraken blacklisted your bank (there are banks not accepted due to frauds security) In this case they will send it back to you
7286  Local / Le Bitcoin et la loi / Re: Retrait btc en cash via ATM on: January 05, 2018, 08:20:39 PM
Peu importe le montant: Scan de ta piece d'identité + photographié par la machine (pas moyen de mettre la main devant l objectif pour cacher ta face) Roll Eyes
7287  Economy / Economics / Re: Will Bitcoin Experience More Price Volatility in 2018? on: January 05, 2018, 07:50:10 PM
Gold is volatile, silver is volatile, the dollar as well. When you deal with a large amount a 1% decrease can represent a huge loss like it can represent a huge gain if it increases by 1%... Bankers at Saxo bank said in 2018 Bitcoin will reach $60,000 and then crash to what it should be: $1,000
7288  Economy / Trading Discussion / Re: which exchanges have 0% maker fee? on: January 05, 2018, 06:56:53 PM
legaulois ? Cheesy please think again about what you wrote Cheesy
OP is asking for "maker fee" and then you say "there are fee... only as maker there aren't fees" and then you say "you wont find any..."
Of course there are exchanges with 0% maker fee, cause they are still making money with the taker fee.

@OP:
I know: Gdax, Hitbtc, Cex.io

LOL I see, I wanted to say there are fees (thinking about taker) but while writing I forgot the OP was talking as maker fees
Sorry I was surely again with the vapors of the 1st Jan.
7289  Bitcoin / Bitcoin Discussion / Re: Multiple Bitcoin debit card providers suspend service under orders of Visa on: January 05, 2018, 05:50:41 PM
Weird that Visa decides this only after 6 months when Visa started to allow only European citizens, it would be better to stop everything directly. Some websites will close the shop and most other will struggle

OP, do you know the reason given by Visa, or have any link about this?
7290  Other / Meta / Re: A proposed sticky all about Activity and ranks on: January 05, 2018, 04:08:38 PM
I agree to add this if the moderator(s) lock/trash the threads actively.
7291  Other / Meta / Re: Prohibiting Newbies from creating threads in Off Topic and Politics & Society on: January 05, 2018, 03:53:56 PM
Not only it shouldn't count towards activity but it should be deleted directly. While I understand the administration wanted to make the boards to allow members to talk about something else than cryptos it's not topics that have a place in the Bitcoin forum.

There are some interesting discussions that can take place, but to be sincere how do you want to talk politic with teenagers
 See, they prefer batman VS ironman
7292  Bitcoin / Bitcoin Discussion / Re: Did NSA Create BTC to destroy Russia & Chinese ( Asian Economy?? ) ZH thinks so on: January 04, 2018, 01:30:43 AM
Quote
CHINA/RUSSIA are rich, their money is real, and they have lots of gold

If a country is rich and own lot of gold it doesn't mean the citizens are rich, I am talking about Russia here, a lot of Russians live in poverty, the average full-time workers live in a destroyed city with an apartment looking like it's the same from the Soviet Union time.

Quote
They create the biggest PONZI "TULIP MANIA" in human history, and get chinese/japan/korea/russian ppl to spend all their real money on SHITCOIN, of course the majority of BTC is still held PRISTINE by NSA, just like Ripple, just like Ethereum,

but they are not investing with lot of gold and money from the govt. ad mentioned above, right?

Quote
Why have CHINA & RUSSIA not created their own BTC clones that supersede the wealth of USA's? BITCOIN

Isn't Russia thinking to create their own crypto? i think yes....
7293  Bitcoin / Bitcoin Discussion / Re: Taxes of bitcoins on: January 04, 2018, 01:16:29 AM
It has been asked 7 or 8 times already, search a little you will find your answer. As well you can use the Deutch section and see with people from your country

And yeah taxes evasion and taxes frauds are bad and you always pay back soon or later, why should people pay but not you? The good news is it's not only in Europe but worldwide
7294  Economy / Economics / Re: Debt Does Matter, and Why Cryptocurrencies Have to Go up on: January 03, 2018, 09:44:12 PM
Sorry but currencies are not backed by gold since 1980-1981. Wanna know what happened then? See the graph posted by @BillyBobZorton and check the 80's
I agree totally to say the problem is the elite in the finance who are fucking us for a loooong time. They a full control of the economic power and now are looking for the political power since 1-2 decades

In case of a financial reset, cryptocurrencies will be their best bet
7295  Bitcoin / Bitcoin Discussion / Re: United Kingdom’s National Cryptocurrency Ready to be Launched in 2018 on: January 03, 2018, 08:59:43 PM
So they are just planning to "digitalize" the sterling. In another word, create a digital sterling and name it a cryptocurrency because it will use the blockchain technology. How it's going to be different?

Same money, same centralized sterling, same problems.
7296  Economy / Exchanges / Re: (NEED HELP!) Alternative to Coinbase+Xfers on: January 03, 2018, 08:20:10 PM
Is it a problem for you to verify your ID? Otherwise, why don't you use exchanges like Bitstamp, Bl3p, and so on? It will be faster, considering you're using your bank account. I don't know any website that won't require having the ID verified.
7297  Economy / Exchanges / Re: Kraken LTC withdrawal canceled on: January 03, 2018, 07:57:20 PM
Try to log out then clean your cache, cookies, history and try again. Similar already happened to me and after 1 hour I got it back in balance. I guess it's because of the poor performance of the website. Really hope it will end soon :/
7298  Economy / Trading Discussion / Re: Coins and Tokens live transactions feed? on: January 03, 2018, 07:37:24 PM
Isn't it possible to get this using APIs from the exchanges?
One problem could be getting the APIs for a coin that is not listed on a lot of exchanges, so maybe not possible to get the API, I am especially thinking about tokens.
7299  Bitcoin / Legal / Re: Will Bitcoin transations be taxed in all countries in the future? on: January 03, 2018, 07:20:14 PM
Bitcoin transaction no, it's not possible to tax the transactions and if it was possible, the miners would be taxed.

In the opposite, the capital gains are surely going to be taxed in most countries in Tier 1 and Tier 2. You bought 1 BTC at $1000 and sold it at $15,000, it's a $14,000 profit and you will be taxed based on the $14,000
7300  Economy / Speculation / Re: The beginning of new trend : Ghana may invest 1% of its reserves in bitcoin on: January 03, 2018, 07:05:09 PM
I find this completely ridiculous to see a government deciding to invest in Bitcoin because: they are gambling with the money of the population, if they really want to invest in cryptos then the president should use his own wallet and invest himself, not with the money of the folks.
And a country like Ghana has surely better priority like a stable electricity, clean water and so on..
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