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8381  Bitcoin / Bitcoin Discussion / Re: The advantages of bitcoin on: August 22, 2017, 01:39:50 PM
The advantage is you cannot misplace your money because if you have an account you cannot dissappear your money easily.

Ain't that reasoning just the same with banks? I dont want it to be the same with it. I get out of that industry just so I can manage it by myself. You could still misplace the private key or log in details or your computer could get wrecked and you will lose it all.
Best we should still have the hard copies of it.  Grin
Advantage is the price will keep rising as bitcoin goes lower and lower in number.
8382  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the future on: August 22, 2017, 12:32:37 PM
Everything will be said and done once every bitcoin is mined.
What will happen after that? Every holder will be hard on letting go of every satoshis that they have.
There are not much to where it could be used, so how will others get their coins. It will be like a tag of war.
Once a bitcoin is out it will be bought fast because everyone will want to have it with assuming the price will go up.
8383  Bitcoin / Bitcoin Discussion / Re: What services you wanna see with Bitcoin ? on: August 22, 2017, 09:50:04 AM
Supermarkets!
Always have the hassle to withdraw my funds just so I could go buy something from the supermarket.
If there will be a QR code receiver into which bitcoin will be detected as payment then that would really be lovely. Looking for a way to withdraw my bitcoin is really time spending.
8384  Economy / Trading Discussion / Re: Your total investment in Bitcoin and R u in loss/ profit ? on: August 20, 2017, 05:28:33 AM
Just recently I panicked, I think that was yesterday or the other day. 70 dollars lost thanks to BCH pump that made bitcoin price go down.
Didn't regret it though because it kept on going down which could be more loss if I stayed. I bought back at the possible lowest price but I think that aint enough of waiting. Really hard to make a trade when you are not thinking well
8385  Economy / Economics / Re: Will you tech me please, What is ICO? on: August 19, 2017, 04:44:10 PM
Hello, everyone. I have some knowledge about ICO. But I want to know everything about ICO. Will you please teach me What is ICO? I don't want to know the Full meaning of ICO. I want to know details of ICO.

Advanced Thanks a lot, all of you who will comment here Cool
Quiet odd for a Senior Member to ask about on what is ICO but well I would answer you.. ICO (Initial Coin Offering) is one of the ways of the devs on scamming people  Grin This sounds funny but this is the reality because having ICO would really make them money and some of them end up on scamming people. This ICO works as a crowdfunding on a certain project.

That is really sad of you for diluting the idea like ICO in the pool of scam! For me ICO is one of the best form of crowdfunding. No doubt company is always the one that makes most profit from ICO but still investors can get huge returns if they choose right project.
Unlike IPOs where investors get stake in company's capital, ICOs enable investors with cryptocurrency which become separate entity from company once ICO ends and gets its value from market demand/supply. However, company indirectly affects the coin value even after ICO and if company's project integrates coin, it may raise future value as well as demand of coin.

Too much negativity was spread because of those ICO based tokens that end up being a scamcoin. We cant stop those but still they are good companies that uses it for a better crypto currency.
We have to remember not all of us here can start a business because it takes a lot of capital and they somehow find a way here using the ICO style which is good. The investor will be the one taking the risk so it is up to them on how they will understand the tokens that will be starting using the ICO way. No scam here, just idiot investors who didn't go deeper into having knowledge about the coin.
8386  Bitcoin / Bitcoin Discussion / Re: What is the most amount of bitcoin you ever had? on: August 18, 2017, 08:41:47 AM
After the price surge I can't hold much. Why? The freaking price is scaring me and letting my temptations succumb me.
Tempting me to withdraw and at the same time scaring the sh1t out of me that it might fall in just one blast.  Undecided
This is my money and I have to keep some just to be safe. But of course I will still left a good amount just so if the price rise.
8387  Bitcoin / Bitcoin Discussion / Re: Do you believe the FBI holds the biggest number of bitcoin? on: August 18, 2017, 06:55:28 AM
They have caught a number of people who are accused of doing illegal business with bitcoin.
This is just a show but what really happened to the bitcoins of those they caught?
That seems like a good question to think now?

Did they made an act just so they could take whatever the accused man have or is it really for justice?
A good way to hoard bitcoin if you are the authority isn't it?
8388  Bitcoin / Bitcoin Discussion / Re: What type of wallet do you use? on: August 17, 2017, 04:38:36 PM
Electrum is the best for me.
Recently, I have a problem with my transaction which took a long time and I got worried about it.
Read about how to make it faster and thanks to the option of Electrum that adds fees so that it can be faster  even if the transaction is done but not yet final. This is a great innovation from them. I didn't knew it existed until I experienced the problem.  Grin
8389  Economy / Exchanges / Re: Bittrex: ACCOUNT_DISABLED on: August 17, 2017, 02:31:52 PM
Okay. I have read the replies and it seems like I will have to wait for 24 hours from now.
Whenever I go to my deposit link address there is none. It only shows account disable which makes me sad because I should have been depositing now.
Will send the ticket after 24 hours though. I hope this gets fixed.
8390  Other / Meta / Re: Busy, try again (504) on: August 17, 2017, 10:40:00 AM
I just got it again Sir. Like 30 minutes ago before this posts. I just keep on reading and going from thread to thread then suddenly it popped out. It says I am too fast (The Flash)  Grin or maybe we are having a website error.
Just want to let you know.  Wink
8391  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Best way to convert from ETH to a Fiat currency? on: August 17, 2017, 05:13:13 AM
I'm interested in this as well.  I haven't needed to convert ETH, BTC, or other cryptos to fiat but when I do my current plan is to move it to Coinbase (converting others to supported cryptos.)  Do others have any suggestions?  Localbitcoin.comWallofcoins.com?

The problem with coinbase is they got country restrictions which makes it hard for some users. They cannot buy or sell thru USD.
I have this problem too and I have been reading comments with the coinbase as an exception. It seems like Kraken is the best way or trade it for bitcoin then to fiat. That is all I have in my mind now. Still searching through different website but I am afraid I make a wrong move and step into a trap which could lead to a hack.
8392  Economy / Economics / Re: Why the world really needs virtual currencies on: August 17, 2017, 03:22:35 AM
USD has been enjoying the position as global reserve currency for the past seventy years.Every thing is internationally traded in USD.Most countries are having USD as their national reserve currency.So,whenever there is a change in USD price,it immediately affects the world economy as well as most of countries economy.So,china,russia,iran had been already searching for another currency instead of USD.Now,bitcoin has given a way to use it instead of USD.By this way,the dominance of USD will come o an end and no country would get affected by changes in USD.

Straight to the point and I like it.
With the USD out of the reserves that nothing is leaned to them. Whatever happened to them cannot affect every country and that chance could make every single country pursue a new start. Without America holding them down and bitcoin on the reserves then our own countries could leap on upgrades and might even cause to make another country the strongest one even the smallest.
8393  Bitcoin / Bitcoin Discussion / Re: Bill Gates on Bitcoin on: August 16, 2017, 12:23:36 PM
That is one hell of a man who have a strong reputation in the world.
It puts a great value if many will hear this and they start believing with bitcoin. Some could also change their minds of what they think about bitcoin before. (used for illegal transactions, buying weapons and drugs)
If it came to a great man then we might have incoming big investors.
8394  Economy / Economics / Re: Bitcoin has defeated gold on: August 16, 2017, 08:26:56 AM
Defeated is a wrong word for it.
It is just natural that bitcoin can come with this large price because of the number of it that is available.
Keep in mind that we also know what number it will end, unlike gold which is unknown.
Many places are still not discovered and there could be one that have lots of gold in it. That is why its price just stayed there.
8395  Economy / Economics / Re: Why have Bitcoin instead of cash? on: August 15, 2017, 07:02:00 PM
Right now, we should promote the positive side of bitcoin as investment and a currency and not for ponzi schemes or hyip.

Yes also not like a pyramid scamming. I have heard a wrong explanation that meant like that.
They say we will all profit here when all of us will invest.
A wrong idea of how to invite people and it kind of just look like how they do it with cash.
Invest then we all get rich. Not explaining the risk it takes when you start investing in it.
Better to just use the more typical usage. As a transaction service which is better than Paypal.
8396  Economy / Economics / Re: The future of the paper money on: August 15, 2017, 05:54:58 PM
First paper currency will be substituted by electronic (95% already is), and after that will return to barter again! Grin

Barter?  Grin Why not? I still see it with other people and it is working well.
Fiat just made it easier and faster but it is not really needed to get food and other stuffs before.
But this is the future and everything looks like it is being processed by electricity and computers.
Someday there will be a big change and we cant stop it.
8397  Economy / Economics / Re: When will more retailers accept Bitcoin on: August 15, 2017, 04:22:14 PM
It will be a hard talk with the retailers.
They will have to consider that bitcoin have a price that is too unstable. It may cost their business to go down or maybe up but that is a risk.
In business, they would always want to minimize that risk so that it can stay for a long time and bitcoin doesnt fit to that yet.
8398  Economy / Gambling / Re: Biggest faucet for dice? on: August 15, 2017, 09:50:00 AM
Just want to remind everyone. We reached another Bitcoin ATH today, it won't be long before every faucet will be adjusted accordingly.
I expect that soon faucet rewards will be limited to 50 satoshis per claim or even less.
Even currently I find it hard to try to play with faucets with a hope you will make enough BTC to be able to withdraw your prize.

I think that most faucets will be removed completely.

In the past whenever Bitcoin hit a new high the faucets were little changed.

The reason why they are getting reduced or eliminated is due to abuse. Surprising during the last few Bitcoin bubbles there weren't the same abuses as there are now.

Most likely its one individual or group of individuals that abuses all these dice sites for their free faucets.

I do agree. I have done this before and they are giving like 2k satoshis minimum and 10k maximum or hit the jackpot with a whooping 20k sats.
Now it is 1-50 satoshis and it is getting so damn tired before you hit a good number.
Everytime it hits an all time high price they are changing it. When I felt how deep they changed it I got so lazy to do it and just looked for other option.
Good thing Yolodice is giving a good amount to gamble in exchange for the experience you have grinded.
8399  Economy / Economics / Re: Bitcoin the new gold on: August 14, 2017, 04:40:33 PM
Bitcoin became most valuable currency in the world and valuable than gold.

Till now, that hasn't happened, but we are hopeful about the future. Aren't we? Right now, the total market cap of Bitcoin is around $70 billion, while the total money supply (M1) of the United States Dollar is around $3.5 trillion. So BTC needs to increase its value by 50x, in order to catch up with the US Dollar.

Actually there is something wrong with what he said. Currency and commodity is somehow combined which is not appropriate although bitcoin is somewhere in the middle of that. (in my opinion)
I know it is made to be a currency but now it is like a commodity for most of the users. Just investing not using. Letting it rot and hold until the certain price that they want then withdraw. They do that with gold not with currency.
8400  Bitcoin / Bitcoin Discussion / Re: Do you consider yourself as experienced traders? on: August 14, 2017, 05:46:46 AM
in case you do. I'm building in the last few months a tool that will help cryptocurrency traders in this crazy big market:).
the tool will collect data from all around the web and summarize it in a beautifully simple way in real time.

I'm looking for people that will test my google chrome extension widget and give me feedback. In the next few days, i will release the first version and I'm looking for cool people that want to take apart of something that will help them as traders but also for the cryptocurrency community!

If you're interested let me know here, or pm me:)

You could provide some screenshots so we will have some idea to what you are working with.
Also maybe some authenticity since we are talking about money here.
 You can't just tell people here to try it without safety precautions.
Maybe something that will make us feel safe even if we try your extension. If it is google chrome extension then I think you could provide some.
Good luck,
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