OkCoin and Huobi said in statements published on their websites late on Thursday that they would halt withdrawals of bitcoins completely, while the other big exchange BTCC said it would subject withdrawals to a 72-hour review. These measures come after China’s central bank said it called nine of the country’s smaller bitcoin exchanges in to a Wednesday meeting to discuss risks in the bitcoin market, and warned them they risked closure if they seriously violated regulations or took part in activities such as margin lending. In their Thursday statements, they also said they may freeze assets or limit trading by users who were found to flout rules. http://www.reuters.com/article/us-china-bitcoin/chinas-okcoin-huobi-exchanges-to-stop-bitcoin-withdrawals-idUSKBN15P0HEThere`s a difference between selling btc and withdrawing bitcoin funds from cryptocurrency exchange platforms.I think it`s time for chinese holders to move their btc funds outside China. All the stupid regulations will destroy China`s cryptocurrency market and their bitcoins will become worthless ,if there`s no way to sell them.
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should I buy now? won't miss the last opportunity to the moon. I want to come with you
It`s funny how every time when the btc price does down 20-30 people post here threads about "should i buy now,should i wait".Nobody can predict the market.If there was someone that can predict the market,he would never share this info because he wouldn`t miss the opportunity to get big profits. I hope that the panic selling would stop at the end of the week.
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Mohamed El-Erian the Ex ceo at pimco and the current chief economic adviser at Allianz in a discussion with CNBC , stated that.. "BITCOIN IS A DISRUPTIVE TECHNOLOGY BUT WILL NOT SEE WIDESPREAD USE." Mohamed said that he thinks that the price is going to blow up because it cant be adopted at the current price it is at ,but can be used as a peer to peer currency since there are many more peer to peer currencies. Read More => https://zycrypto.com/bitcoin-will-not-see-widespread-use/It can`t be adopted at the current price?This is nonsense.Can he say at what price bitcoin can be "adopted"? It seems to me that this guy doesn`t know anyhting about bitcoin and cryptocurrency and he is just another ignorant person saying "bitcoin is scam" or "bitcoin is a failure".
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Name and UID: davis196 ID:710218 Rank: Hero Member Post count: 1838 BTC address: 1AoFW9GAR7MNWsKp6jdvCZpFZfDfmV3dc9 Wear signature: yes
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Wow,this is a huge problem.I`ve never thought about this.I was using Chaturbate a few years ago,now i don`t use webcam sites.I thought that porn websites won`t store sensitive personal data because they are regulated.What if they start to blackmail users?It`s obvious that we need a cryptocurrency webcam platform with anonymous payments and no user data stored in a database.
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What`s going on with bitcoin adoption in Nigeria?Is it profitable to mine bitcoins? Are there any merchants accepting btc?I`m curious and i would like to invest in some trusted projects located in Nigeria,but i don`t have enough info about the country and the cryptocurrency businesses located there. I want Nigeria to become the next "China" for bitcoin.
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More and more and more actors from the NYC agreement are dropping like flies. Now we have BTCC out of the agreement. Along with f2pool, this is a big chunk of hashrate that segwit2x lost. Bitfury will also potentially not be mining segwit2x. This would be the nail in the coffin, not even considering Bitcoin Core 0.15 is comming out soon which everyone will upgrade to.
With segwit2x out of the picture, we can hit $10,000 easily during 2018, so hold on to your coins and stop falling for the government ban nonsense.
Two months ago most of the people here were expecting 10000 USD price at the end of the year because of segwit2x activation.Now you are expecting the same 10000 USD price next year because of segwit2x failure. I`m confused.Can you explain why are you making this prediction and what makes you so sure that bitcoin will double it`s value without segwit2x?
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Widely followed strategist Tom Lee said in a report that his model shows bitcoin could rise to a range of $20,000 to $55,000 in the next five years.
The report is a first from a major Wall Street strategist on the digital currency.
We can only wait for 5 years and see wether or not he is right. I don`t trust statistical models about bitcoin price,because there`s always the risk of some big country regulating or banning bitcoin or all the cryptocurrencies. Unfortunately for me,i can`t hold my bitcoins for so long.
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Good luck with this project ,but i`m skeptical about it. There were many projects about a cryptocurrency related youtube alternative and none was successfull. Paying satoshis for wathing videos will make this platform a regular faucet.People will "watch" videos only to get satoshis,not because there is good video content.There must be some kind of incentive ,that will motivate people to upload high quality videos.
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China bans cryptocurrencies,Russia allows cryptocurrencies.... There is something wrong about this.Perhaps the russians would want to gather all the cryptocurrency funds that will run away from China and use cryptocurrencies to get thru the western penalties. I`m expecting the bitcoin price to return back to 4500 USD after this good news.
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Do the experts in the World Economic Forum understand what blockchains really are? Maybe if they really did then they wont arrive with those figures. Blockchains are among the most inefficient ways to store information. Im very sure by 2027 someone has invented a better append only form of ledger.
Why the blockchain is inefficient way to store info?Can you prove your claims? If the blockchain was so inefficient,why would so many companies want to implement it? Anyway,it`s normal that the USA is the leader in blockchain related projects.I`m not surprised by this news. Sooner or later SIA will use the blockchain to spy everyone. I`m just kidding.
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Current crypto marketcap is only around 140 billion $ which is nothing compared to total financial transactions executed everyday via online payment gateways. Paypal have marketcap of around 72 billion $ and bitcoin is far better than paypal shit, so even bitcoin can have more than current $140 billion marketcap in near future so a big NO, marketcap for crypto is still very low and there is high chance of it to grow exponentially.
I think that cryptocurrency market cap can rise to 999 billion USD.There`s still lots of potential for growth,but we need governments and central banks to support or atleast stay away from cryptocurrencies,in order to reach that goal.Paypal fees are ridiculous,but i use paypal because everybody use it and all the merchants accept it.Cryptocurrencies have to destroy pp.
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It should be very simple to sell online and make your store. I will use Artificial Intelligence ChatBot interface. It will ask for your store namw, payment methods and then you add product on a very simple interface. You'll also get a minimal dashboard. Your storefront will have a unique url (domain.com/JohnTech). You just need to enter your btc addresses to receive Bitcoin to you when you get an order.
I know their is shopify and Woocommerce, but they need time to understand. I will guarantee you will open your store within 2mins. What do you think?
I don`t understand why are you posting this.Do you want partners,funding or just people`s suggestions? There are a few platforms that already provide such service.You should research them and find their flaws. Then,you should implement new and unique features that will bring more customers and beat the competitors. You shouldn`t allow selling illegal stuff (copyright protected) or your platform will be banned just like payivy.com...
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i am back again with another buy the dip this time i am a little late myself. as the news about China heats up the panic of the weak hands is also heating up. if we see another news from China and another dip it would be a great chance ot start buying some coins in case you msised out or in case you want a bigger profit from these weak hands. in any case brace yourself and get the cash ready to buy at the bottoms of the dips. and enjoy I wanna buy cheap bitcoins ,but i don`t have the money to do it. Anyway,the news from China are evidence about how fragile the bitcoin community is and how it can be easily manipulated.Other countries might want to follow China and regulate cryptocurrency exchange platforms and ICOs.The crypto market became too big and the governments want a piece of the pie.
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The news about China are all over the forum and the newbies should stop posting the same s*it again and again,creating fake panic around the other newbies.I was expecting this,but some people here said that bitcoin will hit 5000 USD and the end or August. Anyway,China becomes less and less important for us bitcoin users and we should focus on other big countries that are more bitcoin friendly.
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translation: once again another vague news about China came out and the English news sites started exaggerating the reality after they used google translate to translate the real news. it finally turned into FUD and caused a 8% drop. now everyone thinks the world has ended because of 8% drop Cryptocurrency exchange platforms are illegal in China?So what?They were "illegal" before 2016 and that wasn`t a problem.It`s obvious that the Chinese government will sooner or later ban cryptocurrencies,but all the crypto owners and traders will move thier funds to Japan or other Asian countries. The real problem will appear when China bans mining.
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I think in some US states, if a person earns less than $600 a year, they aren't required to pay income taxes. This could be an extension of that where low sums of bitcoin exchanged for fiat would not be subject to taxation.
The bill being introduced by senators from arizona and colarado could imply arizonans could have a use for this which might correlate with arizona being a state ranked with a low average cost of living within the USA. Colorado having legalized marijuana could be a motive for this push as well with their end goal possibly being weed purchasable via bitcoin/crypto. The cannabis industry is becoming a big tax revenue earner for states which makes sense for them to expand options enabling purchase of it.
Still waiting for an update on senate bill 1241 which will have an effect on bitcoin & crypto if it is passed.
"If a person earns less than $600 a year..."Really?Can anyone live one year in the USA with such a low income?Anyway,the US government will finally accept cryptocurrencies as normal currencies and this is the only good news here. People buying marijuana with cryptocurrencies-dude,this is really progressive.
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How can bitcoin mining decentralization help the average bitcoin user? Will it lower the transaction fees and increase confirmation time? I appreciate all the new ideas and efforts for improving bitcoin and the blockchain,but i don`t trust Lighning Network.There are many LN haters here and i`m one of them.
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Hi, just wondering what you guys think the november split will do to the price of BTC Core? If it's going to rise I'm going to buy in again (already own 0.933 BTC) and if not then I'll sell before long once I'm breaking even (if it gets to that point) and buy back in at the dip. Also, do you guys think BTC Cash is a good long term investment? Seeing rises of around 25% in just 2 days, quite impressive.
What happened with bitcoin core price after the bitcoin unlimited and bitcoin cash forks?Nothing. It increased.I think it will increase again after another hard fork. The bitcoin cash supply is very limited,but the BCH market is very small.A small change in BCH demand would lead to big change in BCH price.This is an obvious pump&dump,and maybe BCH miners are manipulating the price.
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So, the Cryptocurrency Tax Fairness Act was introduced in Congress today (September 7th, 2017). The proposed bill will make it much easier to use Bitcoin to pay for every day goods and services. https://coincenter.org/entry/reps-polis-schweikert-introduce-cryptocurrency-tax-fairness-act-in-congress"...the Cryptocurrency Tax Fairness Act would.... require the Treasury Department to issue guidelines for informational reporting on digital currency transactions for which capital gains is due..." This is the first time a bill has been introduced in Congress to encourage cryptocurrency’s use and, if successful, would mark a huge stepping stone for the widespread adoption of Bitcoin in businesses all over the United States. I don`t think this will make it easier to use bitcoin for day to day purchases,all they want to make it easier is to force bitcoin users and merchants to pay taxes.The US dollar is going down,and they want to reduce capital export,just like China.This isn`t encouraging cryptocurrency`s use,it`s regulating it.They should call it Tax Unfairness act,not tax fairness act.
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