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8301  Economy / Service Announcements / Re: [ANN] SmartMix.io - Anonymize your Bitcoin Transactions the Smart Way on: February 25, 2018, 10:58:55 PM
Any chance that you will put funds as escrow as protection to your user? In case lets say that no funds where transferred to my address after using your services?

How many funds do you have currently in stock?

What separates you from other tumbling services like Chipmixer or CryptoMixer?
8302  Economy / Trading Discussion / Re: Why bitcoin soaring high. on: February 25, 2018, 08:27:26 PM
I just noticed that this thread was opened up during the height of the crypto frenzy in December so it makes sense about all the responses above.

But now with all the anti crypto sentiments prevailing now, we are now in a situation wherein we are having a hard time to soar once more.

I'm also very bullish about bitcoin and I think that there's a lot of room for the price to go up, but I say that we can't duplicate what we seen last year of December.

And we may not see the exponential growth as everyone is expecting to happen in 2018. Just be positive though that we can hit another all-time-high this year, at least $40K will be good enough for everyone, I guess.
8303  Economy / Speculation / Re: As BTC hovers around $10K, is it gathering momentum for another round of uptrend on: February 25, 2018, 07:41:30 PM
One would think all persons who wanted to sell already did? right?
Still on a crossroad though, I'm curious what next week will bring!
Personally I also think that the momentum is still good for btc, compared to 2014, however no ATH expected for first months.
But then again are we all disillusioned by previous 2017 year growth?
I guess most of us are delussional because of the previous performance of btc in 2017, and somehow it affects the way others set target price in a speculation. Nevertheless, I think bitcoin will not have a new all time high in the next coming months too, not just in the first  months. I expect to see new all time high as early as octoboer this year and as late as 1year after the next block halving.

December 2017 brought a lot of money in the market and make most of us millionaires. And so as the start of the year, everyone is thinking that they can repeat that performance sadly though bitcoin stumbled and up to know we are not bouncing as every is expecting.

Yes, the halving is another factor that can increase the price for this year together with Lightning Network's implementation. Of course every year all-time-high is being set. But it will take several months before we can see it. Right now its still below $10K, so I'm looking at above $10K as reasonable price at the end of the month.
8304  Economy / Speculation / Re: Bitcoin recovery on: February 25, 2018, 01:32:21 PM
Good afternoon! Friends, do you think bitcoin has recovered and will it go up in March?

It's not entirely recovered, there's still a long way to go for that. It's dipped 10-15% the last day or so but that's probably just because it was facing a lot of resistance at 12k. The same sort of thing happened with 8, 9 and 10k but each time it returned to break the resistance.

We haven't broken $12K yet and its looks like a big wall in front of us. We will reach as high as $117xx and then it will goes and dip again. I have noticed this pattern in the last couple of days, but I do hope that it will be finally surpass at the end of the month.  So its going to be a tough.

So its really hard to say what will be the price but eventually we can catch up and settled around March. Maybe we could get around the are of $12K-$15K.

It's the same pattern I noticed, but 12k has a lot more resistance than the previous levels did. I think after the price failed to break 12k for a few days this brought back some uncertainty and reduced confidence in bitcoin and the recovery. That's why the bears have been able to take over a little the last day and we can see the price is under 10k. There are very few support levels of any real significance which is tricky. 9.5k looks like a strong support but after that it will be about 8k. Let's wait and see. The good thing is that next time the price does recover to around 12k (be it in a few days or a few weeks) the resistance will surely fall because it will be after finding a new bottom and a level of support. Also there will be less people willing to sell as many will have bought recently.

100% agree. I don't know what's with the $12K barrier but it seems that its really really tough to go and break it. The highest peaked that I witness is around $11.7 and then the market goes into another pirce correction, but this time its worst. The last 3 corrections, we end up well above $10K, but now, that barrier was also broken so I'm expecting that's it will be a slow and long way up to $11K again.

Yes, the support currently is strong at $9K but honestly, I don't think it can hold up and as per TA it can go as low as $8.8. Let's say that it should be another good buying point for all of us if the price goes that low.
8305  Bitcoin / Press / Re: [2018-02-25] Women Are Getting Into Bitcoin, Thanks To A Crypto Gaming Company on: February 25, 2018, 12:05:39 PM
I really don't know if this is one effective way to get women in crypto's though. Its like in the beginning of the Computer Science courses in the beginning, all men. But soon women join in, tipping the balance that why today we have seen top women in the field of IT industry.

And how can it attract if some of the women hired are college interns? Isn't it they should get someone with higher knowledge on cryptoverse?

I think sooner or later women will also join the bandwagon whether in blockchain technology development or crypto itself. Let's give enough time for them to mature and see how crypto is profitable in the long run.
8306  Economy / Trading Discussion / Re: my ether wallet can be hacked??/ on: February 25, 2018, 11:33:52 AM
myetherwallet is safe and secure as long as you can save your private keys and only you that is know and don't share to anyone even for your family. but I don't recommend to save all of your tokens in myetherwallet because it is better to send it to the market so you can do fast selling if the price increase and you don't need to wait to long for sending the tokens.

Ethereum transaction is very fast so for me its safe to store your tokens in my MEW instead of just let it sit on my trading exchange account. I will only transfer my tokens when I'm ready to sell it and I don't think that you need to wait that long.

Yes, its very safe as long as you do the proper way on how to protect your account. I would deal on that deeper, I think it been preached hundred of times already.

So its up to us, how responsible we are in protecting our MEW accounts. If your account has been hacked or leaked and you lost everything. There's no one to blame but yourself.
8307  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Crashing? on: February 25, 2018, 11:14:37 AM
More of a market correction for me. Crashing is when the price plummeted more than 40% which we witnessed in January and early February. But since then we bounce back above $11K and then when into another correction below $10K.

I guess everyone by now should embrace how the market moves. Its very volatile and just 1 negative news is enough to ripple and cause a lot of negative effect.

But then again, no one has really thought that around $20K is possible, but we did it last year. Maybe this year around, we might not gain that much, but I'm pretty sure that we can go touch a new all-time-high of above $20K.
8308  Economy / Marketplace / Re: Hacking is the Big Problem on: February 24, 2018, 11:42:20 PM
Well I guess its the fear of been hacked that is why most people refuse to have anything to do with bitcoin or other cryptocurrency. When I told a friend of mine whom i have been trying to convince into investing in cryptocurrency about how people do get hacked if not careful, he ended up telling me he has made his stand not to invest in crypto because it freaks him out. How I wish there will be a solution to this, probably, a lot of people might have invested in cryptocurrency.
If that is the fear, then they are not really ready for the future and they can just best stick to their traditional age and ways of doing things. Not like there is no solution to security but the problem is people always prefer staying in their comfort zone rather than looking for those solutions. What happened to cold and offline storages if they are scared of hackers? I guess they just do not have anything to do and are busy looking for excuses.

You can't blame them. And as far as I know cold or offline storages are good if you stash huge amounts of bitcoin. But for a common and casual traders, it makes sense to store small amounts in desktop wallet or even in an exchange. But we all know hackers are really that good and it seems they always found vulnerabilities that they can exploit anytime, just like what happened to CoinCheck hack.

So the best thing for us is to be very protective of our accounts. I'm sure that we all heard howr to secure it, but most of us are not really doing good because thousand or even millions of dollars are lost to the hackers.
8309  Bitcoin / Legal / Re: Court cases against bitcoin? on: February 24, 2018, 11:23:23 PM
Is there any court cases against bitcoin? why do Europian Bank say bitcoin does not involve traditional financial actors?  Roll Eyes Roll Eyes

Here's is the latest court cases against a trading platform for lying about a hack.

https://www.bleepingcomputer.com/news/cryptocurrency/bitcoin-exchange-admin-charged-for-lying-about-hack/

And then the (in)famous Mt. Gox hacked.

http://www.dailymail.co.uk/wires/afp/article-4683466/MtGox-CEO-goes-trial-Japan-missing-Bitcoins.html

Mark Karpeles, pleading not guilty.

But as what other posters have said, it's not against bitcoin per se, but exchanges, involving bitcoins. There are hundred of such cases around the world.

As far as traditional actors, well crypto is decentralized, there's no one authority above it that can oversee it. And don't be surprised about how European Banks is against crypto, because they are really afraid how disruptive it can bring to their economy, but in a positive way.
8310  Economy / Marketplace / Re: China calling for a wider ban on Crypto currency trading ? on: February 24, 2018, 10:51:27 PM
Are they forbidden because they are out of control? are not ! I think, because bitcoin is known to the world and accepted by investors so I believe bitcoin will pass.

China doesn't like it because according to them its disruptive to their economy. But I don't know if there's truth on it or not. However, if you look at the Zimbabwe and Venezuela crisis, bitcoin has help a lot of their citizens to survived in those trying times. They used bitcoin to hedge their wealth (Store of Value) and then buy things outside.

As for China, let's forgot about them. They already cause so much control. They suddenly turn their backs on us. Only thing that they are still relevant because of their monopoly of the bitcoin mining farm. But when the government started to clamp it as well, then its obvious that they will move it somewhere and then there are other farms that might close, and its time for other countries like Japan's GMO to take the slack. So with that said, the monopoly of the Chinese miners will be lessen and in the future we will forgot all about the Chinese.
8311  Economy / Speculation / Re: Decrease in price? on: February 24, 2018, 09:42:48 PM
What's currently going on with Bitcoin, and the alts? They've all been dropping, and seemed to raise before slowly decreasing now. I'm not worried honestly, because I know it'll spike in time.

Nothing that I'm aware of. Maybe investors wants to cash out their profits and then there are traders who do short trading taking profits margin. We all know how the market is volatile, so we must take the opportunity of every dip to buy and accumulate bitcoin because we all know that the price can pick up anytime.

In my opinion, whales manipulate not only bitcoin, but also altcoyin.Look, recently panicking owners bitkoin gave their bitcoins, now due to the incredible voltility of the altcoyins, panicking owners sell them in the same way as bitcoin.

Not sure about the whales though and I don't think that they want to manipulate at this levels.

What's currently going on with Bitcoin, and the alts? They've all been dropping, and seemed to raise before slowly decreasing now. I'm not worried honestly, because I know it'll spike in time.

They are all still going through a correction period. It could take months before Bitcoin and the altcoins recover completely. We could see a lot of volatility for a while before we see gains. It is even still possible to see new lows at some point before the recovery. Just be patient while it plays out and see this as a buying opportunity for Bitcoin and other cryptocurrencies.

Exactly, as much was we wanted to see the bulls running again, time and time again we stumble to such market corrections, but we all know what going to happen after such corrections. We need patience and waited it out, buy more and then see how it goes in the long run.
8312  Bitcoin / Bitcoin Discussion / Re: Bitcoin backed down on: February 24, 2018, 09:16:50 PM
How to reinforce the belief that bitcoin will not die.

There can be challenges along the way, but certainly it will not die down as what doomsayers are telling us. It still dominates the market above 30% so that alone proves that it still has the full support of the people.

Last year alone proves that it will never die specially when we peaked at around $19K, maybe we are down right now, but not out by a long shot. And there are anti-bitcoin all over, but it is so resilient with such attacks. Short term it can have negative impact on the price, but rest assured that in the long run, bitcoin will grow exponentially.
8313  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Reason behind Etherium price falling on: February 24, 2018, 03:18:42 PM
The market is a unstable now, it is reason why ethereum price falling down. But it is temporary. Probably ethereum achieve 2000 dollars in this year so do not worry

The whole crypto is down, including Ethereum and Bitcoin so I guess the only logical explanation is just investors are dumping as this very moment. So we have to look at it at the long term.

Everytime when price of the whole market just dump a little bit, there are a lot of topic with almost the same tittle related to this dump. Smiley. You guy should know that crypto market is not stable, it dump and pump everyday, everyhour, everyminute. You should get used to it if you want to earn money in this world. No need to know the reason why it dump, you just need to know that it'll rise back soon. Don't ever be panic.

Of course we know that the market is unstable. The problem is that there are a lot of people who expect too much, specially the bitcoin December frenzy and Etheruem November-January price jump.

I do not think it's a special reason. this may be a correction act. The price will stay above that for a while and then rise above $ 1000 again.
The price of nothing can not move upward without ceasing Smiley

Yes, its just a normal correction. Although its really painful that we have seen the market goes into a lot of it. Every few days, expect a dump. Maybe investors are not that willing to pour their money in the market.
8314  Economy / Trading Discussion / Re: Cliff High and McAfee - Do you take their predictions seriously? on: February 22, 2018, 09:08:07 PM
Both Cliff High and McAfee have made bold claims about Bitcoin's future.  McAfee recently claimed that Bitcoin would reach a million by 2020.  Do you take these predictions seriously? 
 

Nah. I wouldn't follow and I don't take them seriously specially John McAfee although I must admit that he has build his empire from ground up but crypto sphere is a different kind of animal.

I still remember him claiming that his twitter account was hacked or something specially at the height of his "coin of the day" prediction. Lol.

Again, I'm asking where are these guys when bitcoin was still not mainstream? Do they really want to stay relevant that's why they ride the popularity of crypto's nowadays?
8315  Economy / Economics / Re: Lost Bitcoins on: February 22, 2018, 08:48:36 PM
When will we hit a critical point at which there's just too many lost bitcoins due to someone loosing their wallets, dying or corrupted hard drives and etc? At some point this is bound to happen right?

Well it already happened as what @cynical has pointed out.

I know that for the time being, low circulating supply means that the coin will increase in value but how low can it get before it starts to give diminishing returns and actually inflict damage to the system? What would happen to crypto in general if all of the coins and altcoins will suffer the same ending?

There's also the factor of the next bitcoin halving. So it means that bitcoin will be really scarce, meaning the price could literally skyrocketed in the future so I don't think that we can see diminishing returns as you trying to picture out. As for altcoins, they will simple die a natural death, but its not applicable to bitcoin.
8316  Bitcoin / Legal / Re: Is Hawaii the best state to incorporate in for tax? on: February 22, 2018, 08:24:45 PM
Very impressive these insanely low property tax rates. I however think for that exact reason, these states will not classify crypto as property. If you look at how massive the long term growth potential is for crypto, then it's pretty safe to say that they will classify crypto as something that will bring in +20% in tax income annually. From there I would definitely advice people to remain conservative if anyone is planning to actually make a move to one of these states. Unless one of these states tries to become the crypto hotspot within the US, there is no way I realistically see crypto be put in the property category. Governments smell money, and that's what crypto's booming market allows them to have....

I agree with your comments. I'm sure that when the US government sees crypto as potential to get more tax then they will change their stands and will put another classification that will fall in the category of 20%-30% tax.

Interesting to note as well that Russia's own back up cryptocurrency is pegged around 28% so most probably I would surmise that it can also go around that ballpark.

It will be heavily tax in the US that's for sure and I don't think that there will be like crypto hub as well.
8317  Alternate cryptocurrencies / Speculation (Altcoins) / Trade.io (TIO) on: February 22, 2018, 07:54:18 PM
Hello everyone,

I'm really interested in investing in this token during its Pre-ICO and ICO sales however, I don't have the funds needed that time. But now I have save enough I have done my homework about this tokens. However, I was a bit disappointed when the price suddenly plummeted from $1.xx to $.020-.040 and it looks like all the hype around it suddenly died. But I still believed that in can bounce back, just needed a little positive news. My question is:

1. What do you think will be the price in the long run?
2. Any news that you are aware that can really push the price even further in the future?
3. How much price do you think it can go lets say in the next 6 months or so?

I will give sMerit (1 point each) to the first 5 person who can answer the questions above. I don't need 1-2 line shit posting here. What I'm looking is a honest and unbiased view on TIO.
8318  Bitcoin / Bitcoin Discussion / Re: John McAfee crypto survey on Twitter shows surprising result on: February 22, 2018, 06:52:00 PM
I stop following McAffee when he started to act crazy and then made excuse that his account was hacked. Such trivial man.

Not following him. But I heard that his twitter account has hacked, well that's according to him.

It doesn't stop to amaze me, that both McAffee and Kaspersky, the two antivirus gurus, grow to be the bitcoin gurus as well. Is there something more than that to it? Maybe they are trying to grow their emporiums in crypto space as well? Just some food for thought, though....

McAfee is not a bitcoin Guru or a crypto Guru. He's just a famous guy with an opinion. The only reason following his opinions has any value is because so many people think that he knows what he's talking about. There are so many better informed people than McAfee who get little or no recognition and attention.

I was not saying he "is" crypto guru, but please note that he is featured in crypto-news for the second time this last week: the first time was his prediction for bitcoin price, this survey is the second time. So I am thinking that maybe he "aspires to become" a crypto guru, don't you think?

He is more of an influencer than a crypto guru. But he is so eccentric that others fine his "coin of the day" interesting. But then again, where is he when Bitcoin wasn't even in the mainstream media? He just appeared sometime last year and made controversial remarks like eating his manhood if bitcoin doesn't reach 1 million.



For me the survey doesn't bring anything on the table. It's just another number that doesn't add up to something. He can even create a new survey and I'm sure it will have a different result.
8319  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin fame in the future on: February 22, 2018, 05:56:18 PM
Bitcoin fame in the future

is there any alt coin that will match the bitcoin fame in the future.
about whether the bitcoin will be replaced by alt coins as a crypto


As far as I know, there no coin that can even match bitcoin in terms of its popularity. I consider bitcoin as a household name today. Crytpocurrency=Bitcoin. And you will find countless article in the web about it (positive or negative). So I don't see any coins right now that can even challenge its dominance. Ethereum and Ripple both tried but the so called 'Flippening' did not happened.

But in this industry, anything is possible though, there might be a coin someday that will come out and replace it, but with the current set of altcoins, I don't see anything getting close its terms of popularity and market dominance. Many hard tried but all of them failed (Ethereum, Ripple, and Bitcoin Cash).
8320  Economy / Marketplace / Re: upwork job offers that pay bitcoin. on: February 20, 2018, 03:38:28 PM
For me, 60% of my client from Upwork agreed to pay in Bitcoin.
However, it's against Upwork's rule to be paid outside their service.
You should be extremely careful about this, especially when you chat with your client
They will review your chat log and lock your account.

When I used to work with Odesk (now Upwork), I have one clients who pay me in directly to may Paypal accounts. I know its against their TOS but we have make it a point that we will not used their tools to track our chats.

But I've been away for so long that I don't know they there are clients now that are willing to pay their workers with bitcoins. Yes, you should be very careful if the clients decides to pay you in bitcoin. But I'm really surprise though.

I've been a Odesk worker since 2009 when it was still young and only few workers. I was lucky though that I have maintained a client for 3 long years. Sadly though, it has to end so after that I never entertained any clients and my odesk account has been sleeping for more than 5 years now. I would say that I made tons of money back then.
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