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81  Economy / Gambling discussion / Re: There should be a wikipedia page of casinos that accept bitcoin on: April 26, 2019, 09:12:46 AM
since Wikimedia Foundation is located in US, it probably operates under US law too. and as far as i know online gambling is mostly illegal in US so there is no way they would list casinos that are unregulated and use bitcoin as payment so that people can gamble there!
82  Economy / Service Discussion / Re: Do not overpay transaction fees anymore! on: April 26, 2019, 09:04:37 AM
i'd say this site you introduced here is also pretty complex because it is also giving a lot of additional information that can make it complicated for a newcomer just like any other websites out there that are doing fee recommendations.
in the end a little bit of complication is not a bad thing because anybody who visits these sites must already know some basic things or at least be willing to learn how to use the "data" provided by these sites. otherwise they should just let their wallets decide.
83  Alternate cryptocurrencies / Altcoin Discussion / Re: Is bitcoin one of the most shady coin? on: April 24, 2019, 09:58:01 AM
It's been proved an early miner of bitcoin mined around 1 million bitcoins and there are many theories about the dominant miner being satoshi itself.
WRONG.
it has been guessed or estimated that in early years due to the fact that there hasn't been that many users, Satoshi might have mined many blocks himself which again the numbers are guessed to be around 800k which people are rounding up to 1 mil!

Quote
Sergio Demian Lerner had made an extensive study about early stages of bitcoin mining and many other independent research were close to his one.
Is bitcoin a large premined coin?
newbies like this "Sergio Demian Lerner" first have to learn terminology and then make statements and you should too before quoting them.
premine is a term used when a coin hardcodes a certain amount that is going into the wallet of the developer before release.
that 1 million coin you are guessing here was mined over the course of a year while others have also been mining. that is not called "premine".

besides all this nonsense was said here without any talk about the title of this topic. why do you think bitcoin is shady?!! just because someone chose to mine while you were refusing to even bother checking what bitcoin is and mine? nobody was preventing YOU from mining too but you chose not to. that is not "shady".
84  Economy / Economics / Re: Monitoring cypto movements larger than USD/EUR 1000 on: April 24, 2019, 09:14:54 AM
So it's better to track someone rather than tracking a wallet since it's pretty easy to make so many wallets for only one user.

It is exactly the response from ciphertrace. I do even think that it is useless to track someone based on the value amount of the transaction which is so low in value. A user usually has family/friend who are not involved in this industry so the user can use their family/friend identity to split the amount in order to avoid transaction over $1,000 so it wont be considered as user who should not be tracked. I mean, it is not effective idea from FATF.

Maybe that's why the amount is so low. 1000$ is not a big amount when talking about crypto indeed. Not big money even when we talk about money laundering.
But if you want to find the ones hiding 100,000s of USD you have to start somewhere and with lower value to start with you'll catch also the ones using friends and family names for splitting the transactions.

that is most probably because their goal has nothing to do with money laundering although they may say otherwise. one of the main goals is usually taxation and basically catching those who are evading their tax payment so that they can prosecute them specially if they were running some sort of business or earning mechanism that generated them a considerable amount of money over time with bitcoin price rise.
85  Economy / Economics / Re: Bitcoin is heading back to $6k on: April 24, 2019, 09:01:50 AM
I waited for almost a year for this price so I am selling my coins that I bought/earned at that rate. But currently it looks like it's again dropping due to price correction and now the price is back to $5.5k and alt coins including ethereum are all negative.

It shows: $5,549.30 USD (-0.30%)

bitcoin is currently fluctuating so it can not be considered either a rise or a fall. these fluctuations are of course on the rising part so we end up with a little bit higher price as time progresses. as a result you shouldn't really take these rises and falls seriously until we break some major lines. for now i am looking at $5900 as an important target to reach.
86  Economy / Speculation / Re: Bitcoin Golden Cross on: April 24, 2019, 08:29:23 AM
Last time this happened was 2015 early start of bull rally.
Yeah something to watch in coming days

being like 2015 means you won't see the result in "a couple of days" because just like 2015 the rises are going to be slower than the usual thing people got used to in 2017. so basically the $6000 resistance can be broken in a couple of weeks as price creeps up slowly with a high volume but no excited movement. and then continue on that path to some higher price (probably around $9.5k) then start gaining more speed.
87  Bitcoin / Bitcoin Discussion / Re: If there is no hard fork, will the real value of Bitcoin be higher now or lower on: April 24, 2019, 08:14:24 AM
you have to remember that this is bitcoin you are talking about not some small altcoin that is 99% manipulation and 1% real people. the days of dominant manipulation for bitcoin are over although it is not yet completely out of the market as it is impossible to remove it.
in a small altcoin market when there was a fork which was giving away free money to people, everyone started buying that altcoin so the price went higher because of that "fork" but it is not true with bitcoin because bitcoiners buy bitcoin in any case not because of these fork coins. and the market is big and it absorbs anybody who does otherwise.
88  Alternate cryptocurrencies / Altcoin Discussion / Re: Airdrop is more profitable than Social Media Bounty ? on: April 21, 2019, 06:19:28 AM
the real "airdrop" is always going to be more profitable than anything else. the reason is pretty simple, it is because it is free and it doesn't cost you anything to claim it.

but nowadays people are calling any weird crap "airdrop"! the "real airdrop" has to be free and it does NOT require anything from you. you just go and claim. it has not sign up requirement, no job, no advertisement, no post, tweet,.... and anything that requires any of these is no longer an "airdrop".

examples of real airdrops are all the bitcoin forks shitcoins like BCH, BTX,... other coins that gave away coins to bitcoin holders like Byteball,... any coin that gave away coins just by requesting it or from their website,...
89  Economy / Economics / Re: Bitcoin Sparks Imminent Crypto Bull Stampede with 44% Gains in 2019 on: April 21, 2019, 05:41:46 AM
Year-to-date, the bitcoin price has increased by 44 percent against the U.S. dollar from $3,700 to $5,320,
2019 Returns...

you can't say it is a "yearly" return in 2019 but only use the price of the past couple of weeks.
the lowest price that bitcoin reached was about $3100 and the highest was $5500. and it stayed around $3100 quite some time so it was the accumulation place and should be used as the bottom price to calculate the returns which makes it about >75% return
90  Economy / Economics / Re: Undervalued Bitcoin Will Be a ‘Multi-Trillion Dollar Asset Class,’ Says Analyst on: April 21, 2019, 05:16:57 AM
it is just a short term prediction and a bad one at that in my opinion because it is using market capitalization which is a bad characteristic to use. he is basically saying that price is going to $50k in short term.

Big Investors Got Cold Feet in 2018
The crypto market is headed to the big time where it will go toe-to-toe with assets in the capital markets.

not at all. there was a bubble in 2017 which needed to burst, that caused a bear market and it was a natural course to occur in bitcoin.

as for altcoins (the crypto market) we all know they were pumped and needed to get dumped. that is what they have been doing for years and are still doing it to this day. some bigger ones like ETH, XRP,... get bigger pumps so they need to get dumped for a longer time too.
they will never go "toe-to-toe" with any asset in a real market though. because they won't live that long.
91  Economy / Speculation / Re: Bitcoin price will hit $1 million in 2020 because of mathematics: John McAfee on: April 21, 2019, 05:06:32 AM
McAfee is old news now.
like any other addict, he overdid it in 2017 with his ridiculousness and he exhausted his temporary and illusionary popularity as much as he could to make the most amount of money from it. and exactly because of that, nobody cares about what he says anymore because everyone already knows how full of himself he is...
92  Bitcoin / Bitcoin Discussion / Re: The reason mining was banned in China on: April 21, 2019, 04:47:07 AM
China has never banned bitcoin or its mining ever. i am afraid you have been fooled by the internet trolls Wink

Any ideas about what will happen ? What do you guys think ?

nothing really. any coin they create is going to be just another centralized coin like El Petro of Venezuela and fails miserably in this world specially when it tries competing with a strong decentralized currency that is also global like bitcoin.
93  Bitcoin / Bitcoin Discussion / Re: South Korean Government Considers Relaxing Cryptocurrency Regulations on: April 21, 2019, 04:31:03 AM
it is all about bitcoin not the blockchain technology in general and cryptocurrencies in general. and there is a big distinction that you need to always look out for. there are a lot of countries that have already accepted bitcoin under different approaches like as a currency or a commodity,... but at the same time they have rejected or banned altcoins, specifically the ICOs and anything involved with them.
94  Bitcoin / Bitcoin Discussion / Re: A Deep Dive Into Bitcoin's Scarcity on: April 21, 2019, 04:23:59 AM
the important thing about bitcoin's supply in my opinion is the fact that it has a maximum cap that can not be changed. so in the end there will only be a fixed number of coins available and no more than that.
this design gives bitcoin a big advantage over the fiat currencies that have no limit and the banks keep printing more and more causing inflation.
95  Alternate cryptocurrencies / Altcoin Discussion / Re: Its now official: Kraken is delisting BSV on: April 19, 2019, 02:04:06 PM
Delisting is a negative step and it is not going to do any harm for BSV. There will be hundreds of smaller exchanges where BSV can be actively traded. We are just handing an opportunity for Craig Wright to amass more BSV coins at cheap prices.

that is the first step that is going to increase the speed of BSV's death. otherwise it could have stayed around longer before it died. for the time being these delistings are going to cause the dump and as its price drops miners leave it and slowly but surely it goes towards its destination which is the graveyard.
96  Economy / Speculation / Re: Are We Witnessing The Start Of Another Bull Run? on: April 19, 2019, 01:33:09 PM
Going from 3800 to 4200 was always easy, going from 4200 to 5+ was hard

the initial resistance after a reversal is always going to be the hardest because the market is still not accepting the reversal although it is happening not to mention all the bears who get stuck in denial mode.
and that is what $4100 was, the biggest and hardest resistance to break. otherwise going from $4100 to $5500 (unlike what you said here) was a lot easier.
97  Bitcoin / Bitcoin Discussion / Re: The biggest Crime in cryptocurrency on: April 19, 2019, 01:14:45 PM
the biggest "crime" in this space is always going to be scams. specially when they are being sold as real thing while scamming people like a weasel.
last year we had lots of coins that stole bitcoin's name and abused it to scam people out of millions of dollars. there were even some which were being sold to newbies as "bitcoin". you can see in technical support board how many victims bought what they thought was "bitcoin" and never received such thing in their wallets since it was actually a shitcoin stealing bitcoin's name.

otherwise the hacks and things like that happen. they are not big "crimes' in my opinion. they are not specific to this world either.
98  Bitcoin / Bitcoin Discussion / Re: John "fucking" McAfee: I will reveal Satoshi on: April 19, 2019, 12:50:06 PM
just FYI last time McAfee was doing the same thing and tried so hard every day to increase his "popularity" he was using it to earn a shitton of money. in fact he was getting paid $100,000 for every single tweet.
i wouldn't be surprised if this was a build up towards some advertisement that he was paid to do...
99  Bitcoin / Bitcoin Discussion / Re: India declines Bitcoin Legalization Again on: April 19, 2019, 12:37:29 PM
so can we expect another huge bitcoin price surge over in India? how much higher is it going to go this time?
i remember last time they started cracking down price was around $2000 in USD markets and about 40% higher over in India markets at a premium price of $2800. if they keep it up again we may see that be repeated and new ATH be reached over in India while the rest of the world watches Indians fill their pockets with bitcoin Cheesy
100  Alternate cryptocurrencies / Altcoin Discussion / Re: Should there be a time limit for coin swap? on: April 17, 2019, 10:06:42 AM
this is why i have never held on to any altcoin for more than its pumping duration. you never know what is going to happen with them. these things like coin swaps and their deadline time is one of the good cases because you at least have some time to swap the coin and rescue your money. the worst cases are when there are serious bugs in their protocol that leads to catastrophic money losses that kill the coin entirely.
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