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821  Economy / Gambling / Re: BTCHEAT.COM IS ONLY A HOAX? on: December 27, 2017, 11:36:10 PM
Is there any one who has summary or list of scam sites?

No one will try to make a list scammers/scam websites because even a website is taken down it's easy to make a new website like what cloud mining sites and will operate again and again. If you see some list I bet it's not updated and not all scam sites are listed there.

Indeed, there are so many reported scam sites, but mostly discussed in a thread and then vanish.
Maybe some people have ever tried to make a list of scam sites but it's worthless as it's not easy to maintain a list with so many scam sites around which easily created everyday, if you make one, it will be contain tons of scam sites. Moreover, it's easier to use google and check whether a site is legit or shady by read some reviews about it services.
822  Bitcoin / Bitcoin Discussion / Re: How foolish are people who invest in Bitcoin? on: December 27, 2017, 11:19:13 PM
$17,000 isn't the peak of bitcoin obviously as we have seen it achieved over $20,000 weeks ago before got corrected to $11K.
Despite all the bad or good news which cause lots of fluctuation, bitcoin could recover to $15,340 right now, isn't it impressive?
People are free to invest in bitcoin, even buy at $17K isn't something fools, bitcoin will continue to reach higher price over time, even some people predicted it may reach over $100K by the end of 2018.
823  Economy / Service Discussion / Re: is BTC Heat legit? on: December 27, 2017, 04:16:48 PM
There are some clues that indicate a faucet site is a scam;
- too good to be true, some sites offer an easy way to earn bitcoin which turns out there is no payment at all
- high limit withdrawal, sometimes they will give you enough bitcoin as a bait, but o withdraw it you should deposit bitcoin as well, just don't do that.
- just use google or search function here to search some reviews about a site, you will find it whether it's real or scam.
824  Bitcoin / Press / Re: [2017-12-26] Hard Fork, Take Two: SegWit2x Will Return Dec. 28, Says Founder on: December 26, 2017, 11:56:36 PM
This won't be happen: “a proportional number of Satoshi Nakamoto’s Bitcoins as a reward for their commitment to progress.”
They are trying to steal Satoshi Nakamoto's bitcoin, core developers will not allow it obviously.
They will just create an altcoin, aiming for free money if the demand increases: hard forks  is the duplication of their BTC holdings in the new coin at the time of each snapshot, which essentially provides them with a supply of “free money.”
825  Economy / Service Announcements / Re: Bitgur.com - cryptocurrency heat maps and price index on: December 26, 2017, 11:29:06 PM
This is a good site as reference, really like the features especially for the performance (https://bitgur.com/performance) it really help to see the big picture of each cryptocurrency. But you should adjust the size of bitcoin on heat map, it's annoying to see it too big while others coins barely can't be seen. some questions: which API do you use? the price index based on?
826  Economy / Economics / Re: Bitcoin Will Change Everything on: December 26, 2017, 03:55:20 PM
We are entering in the new type of economy where price predictions are not possible any more because productivity and prosperity of humanity will rise to the new golden age level. Bitcoin will go to 1 million dollars in 2018 and is being used by central banks as a global stardard ledger - dollar will fade slowly those who buy now will become the new wealthy elite.

What will happen in the future is a mystery but we can predict it which will be revealed by the time.
But, I really doubt bitcoin can achieve $1 Million dollars in 2018, you maybe drunk when wrote this, out of your mind.
Central banks will not using bitcoin anytime soon and dollar will still exist and worth as it is now.
827  Alternate cryptocurrencies / Altcoin Discussion / Re: Segwit2x Dec 28th on: December 26, 2017, 01:42:53 PM
I'm surprised, don't know what bitcoin core would says about this hardfork, as it's maybe impossible if cores don't approve it.
It may be a fud news if there is no official statement from core developers.
Look at this: This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle.
Someone or some people have paid The Merkle to release this article, which mean can't be trusted. Huh
828  Economy / Web Wallets / Re: Coinbase - Transaction stuck at Pending for over 3 hours? is this normal? on: December 25, 2017, 11:54:20 PM
Did you sent BTC0.1 btc? as I can see it confirmed after 17 minutes; https://www.blocktrail.com/BTC/tx/f58375753ccabaaa9011e9281c35f64adf534064f7e70fe7cb22a798083429f6
Strange if your wallet shows nothing after 3 hours as coinbase pay recommended fee BTC0.0021, it maybe an issue of the receiving address
Which wallet do you use? You may consider to use segwit address which is better, some wallet that support it such as ledger nano, electrum, samourai, Bitcoin core, armory, greenBits, greenAddress and Airbitz for android.
829  Bitcoin / Legal / Re: If i dont sell my bitcoins for the year i still have to pay taxes ? on: December 25, 2017, 03:06:57 PM
No. If you don't convert your Bitcoins to hard cash, you don't need to pay any tax on it. As long as your investment remains in the form of Bitcoins, the government can't tax you. If you sell your coins within three years from the purchase, then you need to pay regular income tax over it. If your investment is over three years old, then you may only need to pay the long-term capital gains tax.

Capital gains is a pain for everyone who make profits in the US.
So, if you live in the US and can make profits by sell bitcoin 3 years later, welcome to the world of taxes.
USA want to get a piece of cake in every profits a citizen gains. That's why many people trying to avoid taxes in the US by trade cryptocurrency in secret, or simply don't ever sell bitcoin in the US, but convert it in another country which don't have taxes regulations for convert bitcoin into fiat currency such as in Bolivar. Cheesy
830  Bitcoin / Press / Re: [2017-12-23] After Losing 40% Of Value, Bitcoin Bounces Above $14,000 on: December 24, 2017, 07:10:06 PM
After recovered to $14,000 bitcoin drop back to $12,000 again. Cheesy it's a cycle that happens repeatedly.
Since bitcoin facing the high fees problem, people tend to trade bitcoin in short-term which cause the price always fluctuate significantly.
After the scale problem resolved, the price movement may get back to normal and start to increase over $20,000.
831  Economy / Service Discussion / Re: Hashflare, withdraw o reinvest? on: December 22, 2017, 11:58:34 PM
If you have enough balance to withdraw, do not reinvest as the contract just for a year. Reinvest is a trap button obviously, if you don't set it, your btc will automatically used for reinvest, shady. Hashflare isn't a good cloud mining, but it's the only one left after bitcoin contract from genesis mining is out of stock. However, current blockchain network doesn't allows to send bitcoin with low fees, so it's not recommend to withdraw until the mempool back to normal, at least until blockchain has less than 20,000 unconfirmed transactions and you are good to go.
832  Economy / Securities / Re: Any Safe 1.5% Monthly? on: December 22, 2017, 11:42:12 PM
Invest in bitcoin, just buy and hold it, and you will make more than 1.5% monthly, hold it for a year and you may get more than 500% profits just like in this year which bitcoin has growing over 1000%. Or you want to try another way, invest in cloud mining but I do not recommend Hashflare at all, unless you can deal with the risk. I have invested on cloud mining and based on my calculation it can give 25% monthly, not bad.
833  Economy / Service Announcements / Re: Cryptonaut - Track all your cryptos on: December 22, 2017, 11:16:09 PM
is this app can track all the crypto, or at least 100 cryptocurrencies out there?
which API do you use to check the price in fiat currency?
is it easier to create an app for android and ios instead of create a bot which works on telegram for crypto folio with all the features of cryptonaut?
I will try this app and give the feedback later.
834  Economy / Web Wallets / Re: I need help with blockchain.info on: December 22, 2017, 11:04:13 PM
There is no solution for this problem right now, we have to wait until miners switch back to mine bitcoin and left bcash.
If you want to get it confirmed faster, there is no other ways instead of pay high fee, around 960 satoshis/byte or at least you can set it 750 sats/byte.
Well, I wouldn't recommend to do a transaction at the moment, at least until bitcoin difficulty decrease within few days and the mempool back to normal.
835  Economy / Speculation / Re: Does the bubble already burst? on: December 22, 2017, 10:44:00 PM
Bitcoin isn't going to burst anytime soon, even though bitcoin has lost its utility appeal due to scale problems and people just treat bitcoin as an investment object which makes it fluctuate within $1000-$3000 within hours. I remember when bitcoin need a long time to increase as much $1000, but it happens in just few minutes now. This become a common thing as most people trade bitcoin for profits in short-term.
836  Bitcoin / Press / [2017-12-22] Markets Update: Major Crypto Markets Dump in Unison on: December 22, 2017, 03:23:40 PM
Quote
The majority of crypto markets appear to have regained correlation with bitcoin, with BCH, ETH, LTC, DASH and many other major markets dumping in unison with BTC. For bitcoin, today’s retrace down to test the $11,000 USD line comprises the sixth consecutive day that BTC has lost value after testing the $20,000 area, whereas BCH is experiencing its second days of retracement following its dramatic establishment of new record highs at the $4,000 area.

Bitcoin Loses +40% in 1 Week
Bitcoin has continued to dump in recent days, with the BTC markets having now experienced its sixth consecutive day of retracement following the establishment of new all-time highs just below the $20,000 area on multiple major exchanges.

As of this writing, the BTC markets are trading above $12,200 after having found structural support at the $11,200 area – comprising a full retrace of the bull run that started from the 10th of December. Bitfinex experienced loss of approximately 40% percent – dropping from a high of $19,891 on the 17th of December to test a local floor of $11,000 today. Bitstamp’s price dropped by approx. 40%, falling from $19666 to a low of $11,160.

Looking at the weekly chart, the bearish week has comprised a test of the 61.8 Fibonacci retracement area when measuring from July’s $1,800 breakout area. The recent slump has also dragged the weekly stochastic RSI below the 80 thresholds for the first time since early November.

Bitcoin Cash Retraces by 61% in Two Days
BCH has also experienced a significant loss in value, pulling back by approximately 61% in two days before bouncing off the $1570 area when paired against the U.S. dollar on Bitfinex. The considerable retracement has followed BCH’s recent dramatic spike that established a new all-time high of approximately $4,110 – after the market gained approximately 130% in just three days. BCH is currently trading for roughly $2000.

Altcoin Markets Regain Correlation With Bitcoin
Following this recent price action in which scores of altcoins set new all-time highs against the dollar, many major altcoin markets have seen retracements of a comparable percentage to that experienced by bitcoin in recent days.

Litecoin established a new high of almost $370 on December 19, before retracing by approximately 45% over the course of following days, to establish a local floor of roughly $200 this morning. LTC is currently trading for approximately $210.

After setting a new record high of approximately $860 on the 17th of December, Ethereum has since pulled back, with bearish momentum accelerating to reach an approximately 30% retrace from the all-time high to test and break the $600 area. ETH is currently trading for approximately $570.

Dash established a record high of $1600 on the 20th of December, and has since witnessed losses of approximately 40% – culminating in a test of $930 area. Dash has since bounced, with prices currently hovering at approximately $1100.

Ripple have continued to gain against bitcoin – with XRP establishing a new all-time high of roughly $1.35 after gaining by more than 100% in the last 2 days. As of this writing, Ripple is consolidating just below the $1.00 USD at $0.96 after experiencing a 40% retracement down to the $0.80 area earlier this morning.
https://news.bitcoin.com/markets-update-major-crypto-markets-dump-unison/

Normally,whenever bitcoin rises, altcoins will be dumped and vice versa.
But currently, bitcoin just shows its power to influence all the market, altcoins in blood bath as well, following bitcoin to the red line.
If bitcoin fail, altcoins will likely to worthless, simply because the power of Bitcoin as king of the cryptocurrency. People believe in bitcoin and altcoins just trading object around bitcoin.
Based on coinmarketcap:
Bitcoin $12,180
Bcash $2048
Ethereum $575.25
Dash $923
Litecoin $208
837  Bitcoin / Development & Technical Discussion / Re: txfee based on diffculty? on: December 22, 2017, 10:36:27 AM
I'm not sure about bitcoin difficulty;
What is "difficulty"?
Difficulty is a measure of how difficult it is to find a hash below a given target.

The Bitcoin network has a global block difficulty. Valid blocks must have a hash below this target. Mining pools also have a pool-specific share difficulty setting a lower limit for shares.
https://en.bitcoin.it/wiki/Difficulty

Hash Rate is the speed at which a compute is completing an operation in the Bitcoin code. A higher hash rate is better when mining as it increases your opportunity of finding the next block and receiving the reward.

Current fee caused by; too many unconfirmed transactions and network ask for higher fee to become the priority, due to bitcoin hashrate declining, maybe switched to mine bcash. If hashrate goes down, bitcoin difficulty will decreases to adjust.
838  Bitcoin / Bitcoin Discussion / Re: I sold everything on: December 22, 2017, 08:31:57 AM
That's a though decision, but as long as you already have profit, it's fine. Moreover, the hassle of paying taxes for capital gains, going through all the documents, LoL Cheesy. You can buy back bitcoin in the dip, though. Keep it for a long-term and just don't care about the price.
We know bitcoin will reach higher price, it's constantly increases over time, limited supply and high demand make sure it happens.
If you can hold it for a long term, you may try over the counter trading through localbitcoins, no need to pay taxes.
839  Bitcoin / Press / Re: [2017-12-15] UK Regulator: If Investing in Bitcoin, “Be Prepared to Lose Your... on: December 22, 2017, 07:14:39 AM
Actually, bitcoin is the safest coin to invest in long-term.
And other cryptocurrencies mostly used as trading object, if bitcoin fail, so does altcoins.
Bitcoin will always growing over time, there is no loss in this field as long as you can be patient, waiting for months or even years.
Give bitcoin some time and you will surprise how high it can achieve in 2-3 years later, simply because the usability of bitcoin which is better than conventional monetary system.
840  Economy / Service Announcements / Re: E-currency Exchanger on: December 21, 2017, 11:41:51 PM
E-cashpay provides the best and reliable services to buy/sell bitcoin, skrill and perfect money with digital and trusted method.

payment processor and payments to your local bank account very instant
so feel to free deal with e-cashpay.

is this service only works in Pakistan? as there are some limitations to transfer fund to local bank from foreign country.
How about the fees to convert bitcoin into other perfect money or vice versa?
Do you offer escrow service or at least how new customers can be sure this is safe?

you can come to our physical setup which is evidence of our loyalty with our clients.
Which located in Pakistan?
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