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841  Alternate cryptocurrencies / Speculation (Altcoins) / Re: hold or sell? help me on: June 05, 2018, 02:53:24 PM
Currently I own a lot of altcoin, I bought them at ico. My account is being downgraded several times. There are many people who say bitcoin will continue to decrease, so altcoin prices also decreased compared to USDT. So now, should I sell them and wait for the price to buy back? Give me advice  Sad Sad

No, don't even dare to try it. It will regain its price back, don't lose hope mate you will lose lots of money and the opportunity to have a big amount of profit. Don't panic it won't bring any good to you, stay firm as always. Every bad times has its own light or what we call good times. Imagine, if you sell it because you are sad and afraid of loosing it then the market price of crypto get back again and unexpectedly hits the price more. Then you will regret it all later, just imagine that. Stay in your lane mate, believe and bitcoin and the power of it to regain again its price.
842  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which coin now you think had a good future on: June 05, 2018, 12:27:46 PM
Like the title, what coins do you think will have a good future because now it's a lot of coins and not a few of those coins that fail
What do you think ?
What coin do you think will have good future ?

Well, we cannot answer it in what way you wanted to get. We are not sure even the creator on what might come in the near future. There are thousands of possibilities that could happen it might be the end for bitcoin and the rise for the altcoin and so on. One thing for sure is that bitcoin could rise up again since bitcoin did it last 2017 and bitcoin might do it again this year as well as bitcoin price could drop to zero. What we need now especially those people who invest a lot on crypto is hope that bitcoin or altcoin or the other coins get back at it again or pump their price more.
843  Bitcoin / Bitcoin Discussion / Re: why the facebook, google are banning cryptocurrency? on: June 04, 2018, 03:25:39 PM
Bitcoin continues to be pounded by negative news. Unconfirmed reports about Twitter following the footsteps of Facebook and Google in banning cryptocurrency ads pushed Bitcoin’s price below $8,000 on March 18.

They do simply don't want to harm people financially since bitcoin could definitely do such right. Also, may be they do have the same reason why the government bans crypto on their society. Else is that they are creating new virtual money on their own beside crypto and they don't want to brainwash their future user that is why they ban it as early as possible they could. Banning it is a really tough decision since advertising could help the market grow up once more.
844  Economy / Marketplace / Re: Bitcoin global regulation on: June 04, 2018, 11:36:16 AM
Define bitcoin as currency: Australia, Sweden.

It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.

Clearly identified as legal means of payment: France, Japan.

Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.

The first country to recognize the legal status of bitcoin: Germany.

The first country to block bitcoin: Thailand (now a changed attitude)

ICO's country: China, South Korea.

Countries with positive attitudes to ICO: Russia, France.


Japan: embracing reform, licensing, and overall regulation.

Japan, as an innovator in this reform, has been on the cutting edge.

This would help really a lot. Such bad things on using crypto would got no more place to exist and the good way would stand out. Regulating users would probably changes a lot of things it may be for a price that would hike soon as its gets regulated or the worst if it turns out to drop. Making money needs to be regulated because making money attracts people to do some unneccessary things just to have bulk on their rather than having it little by little in a good way.
845  Economy / Marketplace / Re: Merit not for sale! on: June 03, 2018, 02:05:45 PM
I hope everybody would be fair about this new feature implemented by admin theymos.
This thread is for the purpose of awareness that merit is given to a constructive and quality post. I have made a thread here in the market place section, hoping that there will not be such things like buying and selling merits. Let's work with our own asses.

P.S.
OP  is not asking attention, read and understand.  Obedience is better than sacrifice.

-
EDIT UPDATE
For those who wants to receive merits for quality post. Check this thread, Challenging and Helpful.
https://bitcointalk.org/index.php?topic=3048258.0

Getting merit is very tough as of now as I see sMerit is in scarcity now. Sending merit to the other people who really deserves merit but you yourself doesn't receive anything feels like very unfair. Well, by this kind of stuff theymos created is indeed useful, we would see a more quality post nowadays unlike wayback before ranking up is easy even if you post something out of content or what we call shitpost. People who are really eager to get promoted will probably will work harder than they usually do.
846  Bitcoin / Bitcoin Discussion / Re: Digital money or virtual currency? on: June 03, 2018, 12:51:16 PM
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?

Isn't it these two the same? Digital currency and Virtual currency are both the same they do differ in the terms but I am not so certain but as far as I understand the concept I therefore conclude that these two are both the same. They play roles that are both the same and it is being a money in a different world which we called digital world or virtual world where technology exist. On the other hand, these both things are both functioning as a money so, they are really the same.
847  Economy / Marketplace / Re: "Bitcoin mining is a Big no!" on: June 03, 2018, 11:53:52 AM
Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?

Why no? Mining is a good option of earning bitcoin though and it is also the very first way to have bitcoin and why would it be bad? If there is no mining then there is no bitcoin specifically. Well, it might be too long for you to have a decent money out there when you are mining but the chances is pretty high compared to investing stuffs and so on. The bad side of bitcoin mining is that, it consumes a lot of electricity and so the bill will be pretty much costly.
848  Economy / Economics / Re: China tells people to buy gold & silver on: June 02, 2018, 02:20:15 PM
Some major events as seen by China.

More....

It turns out that there is also “advertising” for gold and silver in China, too. The big difference here is that it is China's government which is advertising the “opportunities” in gold and silver and it is urging the Chinese people to buy gold and silver.

An article from mining web-site, Mineweb quotes a program which appears on China's largest (state-owned) television company, promoting bullion-buying in general, but stressing that silver is currently the best value for investors (no surprise to regular readers):

https://seekingalpha.com/article

Chinese government told/encourages its citizens to buy gold and silver in 2012.


It feels bad man, well, may be they trusted the gold and silver way better than crypto. Comparing the two well, gold and silver is far more better and way more trusted than crypto aside that gold and silver exist earlier than crypto, gold and silver is surely an assurance of a real profit and does have an assurance that they will exist in this world for a longer a time better than what we think unlike to crypto that continuously fluctuates and doesn't have an assurance that they will exist for more a longer time than gold and silver that is why china chose gold and silver over crypto.
849  Economy / Economics / Re: Wise thing to do with your savings. on: June 02, 2018, 11:00:26 AM
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?

Conduct a business with it in order for you to grow more your money. Having a lot of money and thinking what could you do about it, well, the very wisest choice to do while spending out your money is either of investing it to do some business or buying crypto and then sell it. Money doesn't meant to save it for a longer of time it is meant to spend. If you aren't satisfied on conducting a business, investing or buying crypto well you could spend it by helping your family financially or other stranger people who are really in need.
850  Economy / Economics / Re: Why people are still buying BTC? on: June 02, 2018, 09:28:04 AM
Hello guys,

To me, it seems pretty strange that people actually continues buying btc now...
I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now?

I don't get it.


Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  Roll Eyes ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?).

The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue.


An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease.


Other issues:
- security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...).


I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks.

Because buying bitcoin could turns out to be a profit if and only if the price goes higher than the usual and then sell it to be make real to it. Well, buying Bitcoin and the other Crypto as well takes a bigger precautions since buying bitcoin ain't a joke for you to deal with so easily as what you think it used to be. As of now, buying bitcoin is really a good idea since the price is still low compared to its price wayback last december 2017 so, if you sell it when the price turns out to be soldable it would be a good profit indeed.
851  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Your Money Safer In Crypto than at the Bank? on: June 01, 2018, 03:34:06 PM
Tim Draper: More Secure in Bitcoin Than the Money Sitting in Wells Fargo

Venture capitalist Tim Draper is bullish on Bitcoin and believes it will reach $250,000 in the next four years.

During a debate hosted by Intelligence Squared and the Adam Smith Society, Tim Draper was asked how Bitcoin compared with his previous tech investments in Hotmail, Skype, and Tesla. He replied bullishly, saying, “Bitcoin will be bigger than all three combined.” However, Draper didn’t leave it at that — he thinks it will be bigger than the iron age, the Renaissance, and the internet and says that the nascent technology will affect the entire world in a faster and more prevalent way than ever imagined.

The Debate: “Bitcoin is more than a bubble and here to stay.”
Backed up by Patrick Byrne (CEO of overstock), Draper took on Financial Times journalist, Gillian Tett, and Professor of Law, Eric Posner, both of whom argued that Bitcoin is indeed a bubble and strongly contested Draper’s claims. Posner and Tett called into question the “strengths” of Bitcoin, arguing that they could be regarded as weaknesses. Posner suggested that the pseudonymization of identity enabled by the technology makes Bitcoin transactions the perfect vehicle for sophisticated criminal transactions. Tett focused on the risk involved with trusting computers with finance as they can be hacked, are prone to faults, and that Bitcoin is a “terrible store of value.”

These arguments won’t be anything new to anyone who has studied the space, and the rebuttals of Draper and Byrne won’t come as a surprise either. The pair acknowledged that Bitcoin was imperfect and drew attention to the fact the technology was designed to be open source so that unforeseen problems can be managed by the community. Byrne also pointed out that although Bitcoin has been “hacked at” more than anything in history, but unlike banks, it has yet to be defeated.

Draper was more brazen in his responses and implored the crowd to use fiat if they were looking to facilitate their own criminal activity as many Bitcoin criminals get caught. The venture capitalist responded to Tett’s admission that she invests in several different fiat currencies by saying, “I’m so much more secure in my Bitcoin than I am in the money that’s sitting there in Wells Fargo.”

Who is right?
The short answer is it’s far too early to tell, but it is good to see the subject being discussed in this manner. Before the debate, Gillian Tett remarked that if both sides of an argument aren’t heard in the same room, on the same day, then the conversations can “go past one another.” It’s probably safe to say she’s right here because, although there is no shortage of media on either side of the argument, real debate on the subject can be difficult to find.

If crypto is going to head down the road Draper expects, its advocates need to be able to argue their case outside of the crypto community, and debate should be welcome as it not only gives both sides the ability to speak but also the ability to listen.

Draper’s comments are to be expected
As crypto enthusiasts, it’s easy to agree when figures like Draper sing the praises of Bitcoin, but we shouldn’t let confirmation bias get in the way of the issues. Draper is a successful investor, and he hasn’t arrived there without making mistakes. He could be wholly right, wrong, or somewhere in between — the latter is most likely. Draper allegedly owns 30,000 BTC, so he has a vested interest in Bitcoin’s success. That does not mean he is wrong, but it does mean his comments should be taken with a pinch of salt. Well-reasoned arguments are far more convincing than hype and chest beating because they allow people to make up their own minds.

The emergence of DLT might eclipse the impact of other innovations, but for now, the emphasis is not on critics to prove the crypto community wrong. It’s up to those who champion DLT to convince the world they’re right.

Originally published at cryptodisrupt.com

Well, I guess this decision would probably go to the bank companies. First of all, they do have the biggest trust around the world which is a good image for an individual to lend some money. On the other hand, bank companies do have a permit to run their business with some permission of the people inside the government having that kind of tool could probably be a sign that this business [bank] is trusted and thus, the people could have an assurance that the bank could handle our money whole trustedly, unlike to crypto besides to its price that continuously fluctuates, we don't even have a single assurance that this will continuously running permanently.
852  Alternate cryptocurrencies / Altcoin Discussion / Re: Am I late to the party? on: June 01, 2018, 01:43:41 PM
I feel so late to the party. Coins now are very expensive, like $5800 for Bitcoin and $345 for Ethereum... then $5 - $30 for other coins. I take a look at the blockchain explorers and see big holders of coins, for example some people have 1000+ bitcoin, a lot of people have 500,000+ ethereum. These people got the coins when they were 1 penny each, now I have to pay $500 for the same coin?

Why are the coins so expensive today? Can I go back in time and get them cheaper?

Even if I put in a lot of my money, I only get a fraction of what people were able to get 1 year ago. 1 year ago people got coins for 1 penny and stashed 100,000 coins for $1000, now I have to pay $1000 just for 1 coin?!? I feel so ripped off!

Also I knew about Bitcoin when it was $30, and I knew about Ethereum when it was $7! I was alive in these time periods and was looking online and reading about these things but it all flew by!

Am I too late to the party? Is it a good time to get buy today or should I find a way to time travel back in time?

My frustration is BIG.

Kind of, but you can particularly cope up to the situation. Well, don't regret anything it won't bring any good to you but the feeling of being sad. Come on, stand up and start grinding to earn some crypto mate. Ignore any of whay you are thinking before move on and look forward to what is coming and what is in the table now. Be informative enough before doing anything else, settle on what is good for you to seriously pick up the situation in good don't feel so bad man. Look forward to another as always.
853  Alternate cryptocurrencies / Altcoin Discussion / Re: How to hold coins in 2018 on: May 31, 2018, 02:10:02 PM
How long should we hold coins?
In the past 3 weeks, despite all the risks, many investors have hold a large number of coins such as TRX, XVG, XRP, ADA, etc. ranging from good to bad coins including DGB, DOGE.

Getting back a little bit with the psychology of human beings: we are always afraid but very pleasure when others talk about profit. When some coin prices are falling, you only see the negative things in it: "It will surely keep falling, so it’s better to stay away". When it turns back up: "It will plunge again sooner or later?" But when it's high up then: "It will no longer fall".

As an investor, you will have to understand a coin before investing money in it. You should evaluate and consider everything before making the decision to buy and hold for a long term (for 6 months to 1 year , or at least 3 months for the most impatient investors). Because one cycle of increase / decrease of a coin usually lasts for 2 months, understanding coin will give you confidence, psychological preparedness before facing the falling prices

The criteria to assess a coin:
1. General information about that coin
2. The purpose of generating the coin
3. The dev team (do more or say much)?
4. What is the current product? In what stage?
5. Are there existing customers? Potential customers?
6. Vision of future coin? Is it realistic or just expressed in words?
7. Scalability?  Can it be accepted by the public? Is it possible to apply to everyday life?

I spend little time tracking the prices. Most of the time is spent on reading news, evaluating coins to make investment decisions. I also spend only 10-15 minutes on technical analysis (It’s not because I view it as unimportant, I’m just get used to it). As a result, I have bought a lot of coin at a very good price. I bought when you were there saying: how can it increase again. I left you far behind, at present, it is greatly safe for all my investments because my investment value has increased by several to tens of times.

You can say whatever in case of rising price, even when you invest in shitcoin. However, when the price falls this low, my balance seems to keep stable thanks to my calculation and comprehensive knowledge about coins. Once investing in a coin, I strongly believe in its future. I choose the right time to buy more coins without any fear of risk!

So how long to hold coins? The answer is that you go learn more thoroughly and comprehensively about the coins you want to invest in and make your decisions.




Well, it doesn't even change on how you hold it on a previous year. Holding bitcoin on 2018 doesn't even change a little on how you hold it wayback 2017, 2016 and so on year, the thing is how pesevere you are to hold it. Since, the price differs a lot wayback on the year 2017 compared to 2018. It might be bad for the price as of now but the price will definitely gain its last price and might break the record when the year passes by.
854  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will other coins beat bitcoin in the future? on: May 28, 2018, 02:21:50 PM
So guys, what do you think about investing in different icos? I think it's a good idea. We never know which will take the lead in the future. Please help me and give me good suggestions!

I bet it won't. Bitcoin was the very first crypto created by human intelligence and the other crypto was just merely an alternative or a copy of bitcoin. Basing on its price well, it is pretty far to say it could beat bitcoin, bitcoin price is far more bigger than other crypto existing. If beating bitcoin is possible I bet it would be other crypto currency created by other human or it would be such a long time to beat bitcoin, because bitcoin is the one.
855  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Are we heading for full recovery now? on: May 28, 2018, 02:02:33 PM
There've been some pumps and dumps, but somehow this last rise less than a week ago felt different to me. The prices went up about 20% without going down. The market seems to be surrounded by great news about serious companies talking about adopting blockchain. For now the situation is stable and if we gradually see the market going 20% up every week or two, it would be just right. What do you think? Is this low price nightmare close to being over? Do you still expect full recovery this summer?

Not yet sure, and not have yet an assurance to say it out loud confidently. But I am hoping the price climb it up again it is been so long since, the phenomenal breaks every mood of crypto related people. But we are in the mid month of the year we are just heading to december but if it would be possible for the price to hike, can someone please give it in maybe a crypto, just kidding. Summer is almost done but the recovery isn't complete yet so, I think recovery will take a long time.
856  Alternate cryptocurrencies / Speculation (Altcoins) / Re: is buying new listed coin profitable? on: May 28, 2018, 01:38:58 PM
Good Day guys, just searching for an alternative way to invest my money to,
so the question is, is buying new listed token(token that just ended ICO) to an exchange profitable? do many of you do that? would you recommend doing that? or should I buy on their ICOs?

Well, do some study prior to investing it right away. It may be scam or whatsoever that only will take your money away having no gain right at all.  It is very tough nowadays to get some money alternatively but seeing an option won't do anything good if you are not really aware of what you are really doing. By the way something like this is a good way, be very careful enough your money might disappear in a second. Well, good luck to you.
857  Economy / Economics / Re: why do people agree to pay taxes? on: May 28, 2018, 12:34:32 PM
why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.

Well, paying taxes doesn't mean to lessen your wage. It might be bad on the other side or in the perception of the interpreter but it really indeed benefit the country you are living in. Such as, creating a decent road, building or whatsoever related or paying tax stuffs. On the other hand, you are also, experiencing the benefit you are paying out, if no one pays taxs a country would be as more bad as what you are currently thinking.
858  Alternate cryptocurrencies / Altcoin Discussion / Re: Keep these things in mind when you are into crypto world on: May 27, 2018, 03:45:43 PM
Hello everyone,

I am in crypto world from August 2017 and learn a lot and still have to learn a lot.

Let me share few things with you which are very important.

How to find weather ICO is scam or not

There are few things which we can check to avoid scams.

1. Do check their whitepaper , if you don't have any technical knowledge then you can take help from google to comes to know about project reviews because there are many website who review about ICO's
2. Do check their Team members, try to find their social accounts and do some background about them and their past experience.
3. Check out their Roadmap, check out discussion of projects on bitcointalk,reddit,telegram and other social channels.
4. Check their partnership details. Try to contact their partners to confirm it.

As once you select that you want to participate in ICO, then what you have to keep in mind.
1. No one from team member will contact you personally through telegram or other channels to contribute to you. Only ways of contribution are either through their website or that is mentioned on their website.
2. There are many fake admin profiles on telegram , they will personally message you and will give you contribution address to send ETH/BTC or whatever. Don't listen to them and ban them immediately.
3. Only trust official websites, Admin and team member.
4. you will get email from hackers , don't open them.
5. use 2fa and other securities to your accounts on exchanges.

Recently i get email from fake cryptopia exchange team that someone is trying to access my account. I click on that link and found that it was almost similar to real cryptopia link. So avoid these types of email.

If you have any question or need any help, leave your post below. I will try my best to help all of you.

Thank you and all the best.

Oh thank you for these things. I learned a lot. One thing for sure in this, it will help a lot of a fellow users thank you for reminding us I hope you remind yourself as well. It very tough to deal to a decision you are doubting especially when I about to join some campaign, and or do trading, so, reminding by others is surely a very helpful thing I am also sure that this kind of information will save a lot of users in this community.
859  Economy / Marketplace / Re: Bitcoin - new Business Opportunities on: May 27, 2018, 03:25:22 PM
Hi all,

I would like to know if you see some business opportunities in Bitcoin and Cryptocurrency in real market. You can report real case of local business opportunity, for example ATM machines, advisory activites, support to business, lottery, etc...that you have seen in your country or abroad, and that can be easily followed at the own country.

 Wink



Bitcoin to be used as an investment for some business purposes I guess it is a Business opportunity right? Also, using bitcoin for gambling isn't it a business well, if it is not then not that is only my mere opinion. Trading and selling and even mining I do call it a business because you earn a profit there by casually spending a money in exchange.
860  Economy / Marketplace / Re: Merit "trading" - buying and selling Bitcointalk merit on: May 27, 2018, 01:08:26 PM
Very interesting to see the reactions to the newly introduced concept of merit as an additional indicator of account maturity and quality beyond just pure number of posts / activity. While this was introduced to increase post quality it has of course created a counter movement and a market place for "trading" merit - for money.
So this is just a reminder for everyone that the introduction of merit is a GOOD thing because it will help improve the quality of this forum for everybody.

"Trading" merit will undermine this and render it eventually useless.

Keep contributing!



Merit was meant to send for an individual's quality post. But as I see sending merit to this person and that is very tough for everyone especially the people who wants to be promoted to a higher rank, maybe they feel they give merit but they don't receive eventhough they had the guts that their post has its quality and deserve to get merit.
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