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8321  Other / Politics & Society / Re: Burger King to Accept ... on: July 02, 2017, 10:35:50 AM
As usual, more fake news from the Coin Telegraph. 99.99% of the articles being published in that website are fake. It will be great if Burger King accepts Bitcoin. But it is not going to happen in the near future, especially in Russia.

At first I really thought the news was true until I read your comment and got curious as it is indeed controversial. It may well be indeed fake news.

It may have been good news after all if it was true because it means another company, this time, a large worldwide food chain is accepting bitcoin as payments. But I also find it difficult to imagine spending bitcoin for a piece of burger. That might not be actually worth it. I have always thought that simple day to day transactions are good for fiat money. One does not have to wait for any confirmation and no transaction fees either.

If Burger King actually accepts Bitcoin (or any other crypto-coin), it is really great news for us. But as far as I know, right now they don't have any intention in doing that. Also, Russia is a country where the usage of Bitcoin for making payments is discouraged by the authorities. Bitcoin users face a lot of harassment there.
8322  Other / Politics & Society / Re: Africa should be nuked, all evil originated there on: July 02, 2017, 10:32:09 AM
I don't have anything against the Africans. But in my country, they are creating a lot of trouble. A lot of Nigerians are engaged in drug dealing and pimping in India. They are very arrogant, and a few times I was forced to fight with them. They also treat non-African women badly. And whenever someone retaliates against them, they are quick to complain about racism.
8323  Other / Politics & Society / Re: You eat pork you look like pork on: July 02, 2017, 10:30:08 AM
He behaves as inadequate ...
No one can raise a hand on a woman

Why are you so surprised? Everyone knows how Muslims treat their women. They are forced to cover from head to toe, and are not allowed outside without the company of men. Almost all of the Muslim women face daily domestic abuse. For their husbands, they are no more than child producing machines. No other religion treats women as bad Islam.
8324  Economy / Economics / Re: Bitcoin prices rise high on: June 28, 2017, 05:09:02 PM
I believe that the price of bitcoin will continue to soar high even if theres a price dump i will surely bounce back, now is the best time to buy more bitcoin because we all know that the price of it will be more valuable in the future, just hold and wait patiently for us to win more money.

You can't be sure about it, because a lot of uncertainty remains with the hard/soft forks and their implementation. If some thing goes wrong, then I won't be surprised to see BTC at sub-1,000 levels.
8325  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: June 28, 2017, 05:06:22 PM
I would always go with holding Bitcoin because that is what I know and what I am familiar with and I do not no a thing about gold.
I think that I am going to search some things about gold and maybe invest in it as well.

Investing in gold is relatively straight-forward. It is not as complex as purchasing equities or mutual funds. Also it is not as difficult as investing in real estate or farmland (which requires a lot of paper-work). Only a few things should be checked before purchasing gold - such as the quantity of purchase, storage and long-term target.
8326  Other / Politics & Society / Re: Drug free in the Philippines on: June 28, 2017, 05:01:49 PM
We can not say that it is totally drug free. Duterte's campaign on drugs is very impressive, it lowers the number of drug addicts, but he can not stop drugs just by killing them, there is another way.

Thousands of people, including the innocent bystanders have been killed so far. And I am surprised by the level of support this measure still have in the Philippines. Why the people are still supporting Duterte despite all the mayhem?
8327  Other / Politics & Society / Re: Burger King to Accept ... on: June 28, 2017, 04:59:46 PM
As usual, more fake news from the Coin Telegraph. 99.99% of the articles being published in that website are fake. It will be great if Burger King accepts Bitcoin. But it is not going to happen in the near future, especially in Russia.
8328  Other / Politics & Society / Re: 10 years in a strict-regime colony for spreading hate to drug sellers. Russia on: June 28, 2017, 04:57:47 PM
It is really unfortunate. Perhaps the sentencing was harsh because this is the fourth time that he is being convicted for violent crimes. But still, 10 years? Even many of the murderers are let off with smaller punishments in Russia.
8329  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: June 28, 2017, 04:52:31 PM
If we consider the security of investments gold is certainly better than bitcoin, but if you consider the profitability of the investment, in this time of course bitcoin is the best investment. To each his own.
Very many users and experts have always compared bitcoin with gold, But I think that today this topic is not relevant. Because the gold always had a stable price, unlike Bitcoin. Everyone is striving for Bitcoin earnings only to multiply its revenues, gold in order to save.

The gold prices are also not that stable. If you remember, in 2012 gold had reached a peak of almost $1,800 per oz. But after 2-3 years, it went down by more than a third, to trade at around $1,100 per oz.
8330  Economy / Speculation / Re: Crypto Bloodbath on: June 28, 2017, 04:48:20 PM
@The One: I mostly agree - volatility will be high in the next weeks until the first act of the Segwit2x drama is "locked in". The pretty "bland" downmoves of the Bitcoin price gives me some hope that it - in the case of BTC - won't be too bloody, however - maybe even the $1850 low holds fine until mid-July, when I expect a new attack on $3000 after Segwit is locked in.

What surprises me is the hard crash of Ethereum. I had expected other altcoins like Ripple and Dash to crash much harder, but it's ETH that is really falling down like a rock[/i]. Grin

ETH - Jan 1st 2017 $698,149,000. Peaked at June 14th $36,761,600,000. Basically a rise of $36,063,451,000 because of Huh

Are you really surprised? ETH going to fall much further once BTC get sorted and the "civil war" ends. Who is gonna use ETH? Couple of Geeks. Eth too complicated and messed up for an average person to understand, whereas BTC is easy to understand. Dash, Ripple bubbles is smaller, so less downside.

During the past 3 months, I have seen posts from a lot of "experts" claiming that ETH is about to fall. But apart from temporary slides, ETH seems to be on the upswing against the Bitcoin. I just checked the Coinmarketcap website, and found that ETH has risen by around 30% during the last 24 hours.
8331  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: June 28, 2017, 04:45:18 PM
Yesterday I had a quite frustrating experience while transferring some of my coins to Localbitcoins. I paid a fee of almost 65 Sat/Byte, and even then it took more than 24 hours to confirm. The total size of the transaction was quite high (around 1.5 KB), and that may be one of the reasons for the delay. I don't know how it got that big.
8332  Economy / Service Discussion / Re: PAXFUL.COM ADMIN WILL SCAM YOU OF YOUR BITCOIN ONE DAY, STAY AWAY on: June 28, 2017, 04:42:11 PM
Paxful is under the ownership of the former-USSR mafia. Three of the owners were arrested last year, for illegal possession of automatic machine guns and drugs. All three are citizens of Estonia.

8333  Economy / Speculation / Re: Anyone else think "long term" hodlers are idiots? on: June 28, 2017, 06:22:57 AM
Long term is for losers.
Hope you have seen the articles of people making millions for the coins they were holding for years,if you have read those articles just google it and read it and understand how they earned their millions by investing just thousands of dollars and then come to a conclusion whether losers are the one holding the assets for a longer time.

I tend to agree. In the early days, a lot of the users were spending their Bitcoins very carelessly. The story about the 50K pizza purchase is very famous. Only a select few decided to save their coins. Almost all of them are millionaires now.
8334  Alternate cryptocurrencies / Speculation (Altcoins) / Re: On this week Ethereum down almost 30% on: June 28, 2017, 06:19:36 AM
The resilience being shown by Ethereum is surprising. Yesterday, when it dipped to almost BTC0.09 (from BTC0.14 just 24 hours back), I though that a major correction is going to happen. But now it is rising again, and was trading at BTC0.11 when I last checked the exchange rates.
8335  Economy / Trading Discussion / Re: Do you trade at multiple exchanges? on: June 28, 2017, 06:17:27 AM
I have accounts in at least 5-6 different exchanges, including Bitstamp and Bittrex, but I have used just two so far for trading (BTC-e, and Kraken). Till now, I haven't noticed any advantage in using a large number of exchanges instead of a single one. There is not much spread between the exchanges.
8336  Economy / Trading Discussion / Re: Turn $10,000 into 1 Million on: June 28, 2017, 06:15:11 AM
10,000 dollars turn into 1million dollars is possible to happen if your money become 100 times . So its better choose good coin to invest because they have possible your lose. So buy more different altcoins to make sure if the one altcoin you bought you have support because you have a lot of different altcoin. Remember before byying altcoin you make sure you make a lot of research first.

100 times increase is not normally possible with coins with large market capitalization, such as Bitcoin and Ehereum. Bitcoin is already having a market cap of around $40 billion, and a 100 times increase would mean that it's market cap becomes almost equal to that of gold. So we can only expect 100x returns from the new altcoins, such as Torcoin and Skycoin (ever heard about them?)
8337  Economy / Exchanges / Re: Poloniex Or Bittrex? on: June 28, 2017, 06:12:33 AM
I use both exchanges now. Poloniex has bigger volumes and better interface.
Bittrex has smaller volumes but a lot of tokens.
Both are quite laggy

I have opened an account in Bittrex, but so far I haven't done any trading. And regarding Poloniex, I don't even have an account in that site. So far I found Bittrex to be very easy and safe. The API is really good, and till now I haven't noticed any lag (may be I will once I start trading).
8338  Other / Politics & Society / Re: “No Religion” Is Now Officially Australia’s Top Religion on: June 28, 2017, 06:09:02 AM
Nice to see the number of Hindus and Buddhists increasing. Immigrants who belong to these two religions have proved themselves to be the most law abiding and hardworking group. Also, nice to see Australia getting more diverse.
8339  Other / Off-topic / Re: Your favorite alcohol? on: June 27, 2017, 11:17:46 AM
My all time favorite is Absinthe. It is not available in my country, therefore I request my friends to bring a few bottles for me when they return from foreign trips. I love the green fairy. The experience is unique and can't be matched with any other type of alcoholic drink.


8340  Other / Off-topic / Re: Are you buying bitcoins? Why? on: June 27, 2017, 11:14:59 AM
I am not buying any bitcoins because they are too expensive right now. I know that they are not over-priced and there is a huge potential for an upswing. But the psychological barrier is too strong to purchase an asset which was trading at just $200 per coin in 2016.
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