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7481  Economy / Economics / Re: When will smartphones used for bitcoin mining? on: August 08, 2018, 12:32:15 PM
As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?
Not in this generation dude,don't you know how expensive the mining apparatus just to be took over by smartphones?don't you know that the gpu of miner are thousands high than gadgets so how woukd you expect that this could become possible?this will tale long years before happenings
7482  Economy / Economics / Re: What will you do with the current market? on: August 08, 2018, 11:29:28 AM

the important thing is to be able to profit first and then be able to take advantage. Don't sell when you haven't profit yet.

Tell this to the weak handed humans and panickier that selling the coins whenever theres a bad news or even when the prices is dropping small percentage

I don't know what brings this people here in cryptocurrency when they can't even have trustin every coins they are buying
7483  Economy / Economics / Re: 5904 banks frauds in 3 months in India on: August 08, 2018, 11:17:22 AM
Note:  See on the right side of each post (top right corner) there is "+Merits"

There have been 5904 bank frauds in India in first 3 months of 2018. Source CNBC TV18

The biggest bank fraud is Punjab National Bank (PNB) and billionaire Nirav Modi where PNB was scammed of $2,000,000,000 by Nirav Modi.

How is this for economics ??
So what the f*ck the merit plus can do to this post?erase that Note before DT see this and for sure they will find that you're asking for rig dude and punishment will be on to you

And youre asking for merits for this damn post?that has no atleast supporting link about the issue?wath an attitude..
7484  Economy / Economics / Re: Government regulation on cryptocurrency, GOOD or BAD? on: August 08, 2018, 10:49:27 AM
I think the government's ban on bitcoins in their countries is something BAD, bitcoin can bring to countries that have not developed some of the projected wages they can make, but that's the economy. Developed as strong as Japan and America.

OP is talking about regulation not banning ,this is two different thing lol

Regulating bitcoin is something government that can have benefits in this community from regulation they can put taxes in every means of profiteering people might get.and i believe that this will be implemented so can work freely and regularly
7485  Economy / Speculation / Re: For all those frustrated by the price on: August 07, 2018, 04:21:03 PM
How does a McDonald's logo on hat applies here? How it shows the sentiment of being poor?
Is it like after investing all your fortune in bitcoin at peak price, you now lost all your saving and you have to work in mc donald's outlet to survive?  Huh

Found bit confusing but price is pretty high..Is it your design?
I'm in a group with friends and we got this joke going on, decided to put it on a shirt.
Invested at 20k and now we're at lots of loss, not all of us did this, but it also reflects on alts and we all have some losses.

So if you lost a lot of money with the dip in the price, you end up working at McDonald's for a minimum wage? Right?

Wrong, because you lost ZERO money, if you held on to those coins. People who lost money are the people who panicked and

exited the market early. So, what do we learn from this... DO NOT sell and own one or more of those franchises in the

future.  Grin

Indeed this is the problem with so many users here that lookingon the value on daily basis,they don't anticipate that unless you sold the coins you will never loss even a single cent

This panicked people are the reason why market continues to drowning because they do not have faith in the capacity of bitcoin and other good coins to survive things like this
7486  Economy / Speculation / Re: Should I continue hodl my Bitcoin? on: August 07, 2018, 03:46:35 PM
I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?
Why being upset when you have already gain big profit last December 2017 when you sold the half of the bitcoin you have,because the price from march when you purchase the bitcoin is very cheap compared on your selling price..so this only means that the bitcoin on your hands now is just a profit..

Continue holding bitcoin because you have able to hold from march to december so what more to wait for another months or year
7487  Bitcoin / Bitcoin Discussion / Re: The reason why Bitcoins is the safest system on: August 07, 2018, 03:14:49 PM
Hey everyone I have heard newbies and other people asking about how safe is the Bitcoins and it's transactions well I think it will be beneficial to have a little discussion on this .

First of all if you own a bank account in a good bank then you should know that its very hard to hack one's bank account, it's almost impossible unless done due to personal flaws, like sharing your key or bank account details or something , you know the system behind Bitcoins and the system behind banking system is same .
Something by the name of cryptography whose Advance form is block chain . It's a complex code involving complex mathematics and the transactions are only completed through very complex and complicated steps impossible to penetrate.
For Bitcoins the same thing operates but with no intervening part or whatsoever , it's p2p direct transactions and this is even more secure and private.

The reason why you hear news like :- someone got their Bitcoins stolen or something is because they have personal flaws , they shared the private keys or the password with someone else..or they used a bad wallet.

It's on you how safe you make it .

The system of bitcoin is safe and we have no argument about that but the holder is the problem since hacker nowadays are getting better and better and has always new strategy to victimize,thats why the safest thing to do is keep your wallets and exchangers secured,never let your coin overnight in the exchangers and stop entering sites you don't really need to
7488  Bitcoin / Bitcoin Discussion / Re: Current cryptocurrency market situation on: August 07, 2018, 02:41:27 PM
The bad news from the ETF and some expectations swayed the market. However, for the first time in a long time, Bitcoin did not hesitate due to security concerns during the uptrend. When Bitcoin ascended to the present day, a hacking news emerged and everything was reversed. Let's look at the last ETF statement. This ETF is the strongest and the anticipator will price Bitcoin upwards. We can see 10K level again in two week if ETF will affect BTC price. Or we will go down again.
If the ETF survives this year,then the market will not only looking for $10,000 bitcoin price but maybe more than what is the highest value recorded

The problem if this fails again like what had happen last year,because if does for sure we will see another drastically dropping again
7489  Bitcoin / Bitcoin Discussion / Re: Is the existence of bitcoins a threat to jobs and national currencies? on: August 07, 2018, 02:32:05 PM
We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
 

Whete did you get that idea about cryptocurrency or bitcoin is a threat for jobs?i don't know why people like you have this kind of mind thinking.bitcoin is a currency and job is physical work so how this become relevant?

If your talking about people will stop working and just focus in crypto then you are wrong,because only fewer investors are successfully gaining here,only those skilled and patient not all of the people can make this thing here
7490  Bitcoin / Bitcoin Discussion / Re: Computer virus used to steal cryptos? on: August 07, 2018, 02:12:47 PM
As I have seen from a website about China's nabbing crypto thieves.  So, being a computer genius has a lot of advantages to get rich so easily with cryptocurrencies if they will not be caught.  Unlike us who makes clean living by trading, mining, investing and bounty hunting, they tend to get easy income in their professional thieves way.  Might be this is the reason why bitcoin's value is going down.  Just my thoughts..

Check out the link about this news I have red.

https://sg.news.yahoo.com/china-nabs-crypto-thieves-social-120041067.html

Genius are all over crypto community,only waiting for victims

Most of the targets are those noobs that has no proper learning about crypto and just putting their money on wallets or exchangers that mostly vulnerable from hackers

But regarding virus that has been used for hacking well maybe in future this will be possible but not this days because wallets are very secured
7491  Bitcoin / Bitcoin Discussion / Re: Bitcoin in Indonesia is not legal on: August 07, 2018, 12:35:11 PM

I tried to search the news for bitcoin.  As given by you no information could be collected that bitcoin is illegal in Indonesia.  Following are the links in favour of my statement.
https://en.wikipedia.org/wiki/Bitcoin_Indonesia
https://steemit.com/bitcoin/@heiditravels/bitcoin-in-indonesia

Please note ; while posting such type of information if supporting new is enclosed it will be better.  Otherwise no use.

OP said its not legal in Indonesia but he didn't said that it was illegal,just like in the Philippines the government wasn't legalizing bitcoon or cryptocurrency but theres no stand that this is illegal so meaning the government is neutral about crypto.maybe this is what OP want to say here
7492  Economy / Economics / Re: What will you do with the current market? on: August 07, 2018, 12:24:51 PM

Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?

Holder like me has no problem with this,though its just for bitcoin and ethereum what I'm worry is my altcoins because they are now dropping badly even i have a great trust with these coins you can't  take worrying from me as my capital is not the small.today i am giving my three coins another week to recover but if not i will sell them in loss and buy bitcoin instead
7493  Bitcoin / Bitcoin Discussion / Re: facebook bans bitcoin on: August 07, 2018, 12:15:34 PM
Is it true that facebook is banning all advertisements for cryptocurrency, including Bitcoin ? but why?

This is the news that facebook released because that time,they are creating their own coin this mean they fu*ked up crypto community because of they're plan of having own currency and dont wanna advertise others than them.isn't it damn idea?lol
7494  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin making the world go crazy? on: August 07, 2018, 11:41:14 AM
Bitcoins have made people head spin for 8 years now and become unbelievable since December 2017, when the value of 1 bitcoin rose up to 20 000 USD! But how this phenomenon appeared, what are the causes of this craziness… Found out in this article
https://blog.bitspark.io/why-is-bitcoin-making-the-world-go-crazy/
NICe blog and good points out there,but the main reason for me about why people got crazy on this cryptocurrency?is the reason comparing this to banks,this community gives us reason to feel how to really hold and own our money,without third party and with good profit comparing to the other one
7495  Bitcoin / Bitcoin Discussion / Re: Is the world ready for cryptocurrency? on: August 06, 2018, 03:43:33 PM
Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

The world is ready for cryptocurrency couple or more than years ago,but the problem is the government or the people in the government.they are not ready for this to apply so thats the reason why until now many regulations are putting into cryptocurrency
7496  Bitcoin / Bitcoin Discussion / Re: Bitcoin Must Hit $213,000 to Replace US Money Supply! on: August 06, 2018, 03:12:09 PM
According to Cointelegraph:

UBS: Bitcoin Must Hit $213,000 to Replace US Money Supply

Zurich-based investment bank and financial services company Union Bank of Switzerland (UBS) has said that the Bitcoin (BTC) price must hit nearly $213,000 to replace U.S. money supply, Bloomberg reported August 2.

According to Bloomberg, a new report by UBS suggests that BTC cannot currently be considered money or a viable asset as its versatility is stymied by the capacity constraints of the BTC network.

Read more here: https://cointelegraph.com/news/ubs-bitcoin-must-hit-213-000-to-replace-us-money-supply
Damn ,would you please stop comparing dollars into bitcoin and stop thinking that bitcoin is created to take over the value of dollars because this is not fair

Bitcoin is a virtual money while dollar is physical,they have own functions and don't even interfere with each other so stop wasting time for this kind of thread because seems li nonsense
7497  Alternate cryptocurrencies / Altcoin Discussion / Re: Too many Altcoins without value? on: August 06, 2018, 02:44:43 PM
Maybe it's just my perception, but in these times when new coins appear every day, it seems to me that most of them lack value.

I have seen that many currencies are created based on an idea, that they intend to be used for something, even though at present they are useless, they are based on the hope of being used. I hallucinate seeing how some collect millions in the ICOs only promising that they will be adopted en masse, only selling an idea that has not yet been started or developed.

I wonder what chance of success has a currency that is defined as "the new currency that will replace Bitcoin" or any other great concept if only based on a theoretical idea.

Do you have to create the currency first and then wait for a community to be created that uses it?
Would not it be better to have a community first than willing to give the currency a real use before creating it?

I believe that for the creation of a new currency to make sense, it has to respond to a real need for the exchange of goods and services, if we only buy a coin with the hope of selling it more expensive, if there is not a community that supports it, We will be betting on a pyramid system, and we all know how those systems end.

That is just my opinion. I do not know what others will think.

The true essence of coins to be created is the intention,the service this can offer,originality and not copycat

Many newly created coins because there are too many scammers too that has doing this for just to victimized and then gone with the investors money.

Thisis how they play,and must be stopped
7498  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Good Signature Campaign on: August 06, 2018, 02:31:59 PM
Hello Bounty Hunter Friends,

Could you please tell me which signature campaign is the best for now? And, Please share your way how to choose a good signature or social bounty?

Thank You
even if i tell you what signature campaign is good,you can't participate because you are only a junior member account,maybe your second option is much better about social media bounty campaign if you have a qualified account for this campaigns

I think you should check this thread to find good running bounty and choose where to join

https://bitcointalk.org/index.php?topic=3216168.0
7499  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto money will kill fake money on: August 06, 2018, 02:08:14 PM
Everything in our lives is now in our phones.
Why should we carry a wallet or credit card?
I really do not understand that.
millions of counterfeit money is printed every day
There's a lot of fake money in the world.
Can credit cards prevent this?
Bitcoin will kill them.


I think crypto is created to be a bridge between traditional systems and the digital economy, not to replace the entire financial system. Because if crypto starts to replace the currency, there will be no more speculation that will make this industry fluctuate.
Op didn't mentioned anything about replacing physical currency,what he said is this will kill the fake money or counterfeit currency in which i do believe so,because if people don't often use physical money then the opportunity of being victim of fake one is lessen,and from that many will save their money and soon this fake money creator will get tired on this illegal activities
7500  Alternate cryptocurrencies / Speculation (Altcoins) / Re: So, Crypto Market ALL RED Again!! on: August 06, 2018, 01:57:59 PM
Today All Crypto market get RED again!
I dont know why, may be nobody knows. What is going on people?!!

All top 10 coins decrease around 5%. ETH traded at $430, BTC at $7700.
I think ETH may continue dumping while BTC will stop dumping at $73xx then great again.

We must get used to this situation mate because cryptocurrency is volatile and this is part of the price movement

For this 7 months we can't count how many ups and down happens so this red market should be normal unto us what we need now is tp wait and keep patiently for this will end soon
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