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8441  Alternate cryptocurrencies / Altcoin Discussion / Re: Year of the Cryptocoin on: January 10, 2018, 07:21:29 PM
This is year of alt coin, to be specific

Yes, I pretty hope that altcoins will have a strong position in 2018

Yes, they will continue to hold a strong position in 2018, in my view. Why? Because as long as bitcoin still face the scalability problem, investors will go look for other coins such as Ethereum and Ripple or Litecoin that has a quick transaction confirmation and the cost of each transaction is very cheap.

Year of the Cryptocoin?

I think this year is the time for cryptocurrency to raise more people because we can see that every altcoin trying to increase and I think this year, we can see many people want to join into cryptocurrency world. it started with bitcoin that increase so high and makes people in out there amazed for the price and after the price is down, now it is the time for altcoin to reach the highest price. I think we will see the cryptocurrency will more famous in this year and the government will try hard to learn cryptocurrency.

2017 is a good year to us. But 2018 will be more exciting as more and more people will be going to the crypto. You just have to look at how the trading platforms are performing lately. Most of them are laggy and slow, means that their customer based is growing bigger everyday. Altcoin though will take some attention from bitcoin.
8442  Bitcoin / Bitcoin Discussion / Re: BTC and XRP in your body on: January 10, 2018, 06:43:11 PM
I just saw the news, a Danish company named BiChip recently released the latest version of microchip implants. With these mini-sized devices, you can save your digital money in the body, the chip is planted in your hands. This chip uses a digital currency ripple currency payment system. Thus, the chip does not need to be associated with the owner's bank account. What do you think, this is the future where new innovations emerge to make it easier. Please share your opinion  Grin


I have a feeling that a lot of people who are not going to happy hearing this kind of things. If I can remember, there's a similar thread years ago in Politics and Society about microchip implants on your body, and I think its a overwhelming NO response as well.

And there's probably much easier for hackers or criminals to take advantage and stole all of your money. Heck you can even lose your hands here. And can be software/OS or even Hardware physically safe inside your body?

I'm totally against, but I'm not closing my doors. We are moving to a new intelligence now. There might be a time in the future that everyone would be required by all government to wear it. But I hope that I'm not gonna see that day.
8443  Economy / Trading Discussion / Re: Transfer My Entire Savings to Cryptocurrencies? on: January 10, 2018, 06:16:56 PM
Investing all your money only in one segment is taking too much risk. I prefer to spread out my investments in stocks, bonds, real estate and of course in crypto. As crypto currencies are always very volatile it makes sense to put only the money one is comfortable losing.

Exactly, the golden rule: "Don't put all your eggs in one basket" is really applicable to cryptocurrencies. Because its very risky and you don't know what the future holds. As for me, I have stocks as well and not only bitcoin but several altcoins in my portfolio. At least I have a contingency plans in any case something went awry in my crypto investment.

Don't be the guy that will become the laughing stock of everyone. Used your common sense. And remember that its your entire Life Savings., which means all your hard earn money. There are a lot of painful story that we hear, and don't be another statistics on that category.

Only invest what you can afford and then spread it out of different portfolios. Generally you need to have investments in at least 3 -4 alts coins and then others on trading or mutual funds or real state if you want.
8444  Economy / Trading Discussion / Re: ICO Prices Too High on: January 10, 2018, 05:49:49 PM
Is it just me or do you also see that ICO prices are starting to get ridiculously high (considering most of them don't even have a working product).

Depends on the ICO itself, sometimes they have limited token supply and I think their target soft and hard cap has something to do with the price as well. But I think there's still ICO that offers less than a dollar per pop and hope that they can take off once a working product is presented.

That's why investing in ICO right now is like a gamble, you will never know if they are a scam until you really found out at the end that they have already run off with your money.

If you think that some ICO are getting expensive then simply don't put your hard money on it.

8445  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple follow BEARISH trend on: January 09, 2018, 04:15:15 PM
Ripple follow BEARISH trend  Target 1: 2.15

The way I understand it, coinmarketcap has removed South Korean market is its trading prices that's why the price took a dive because we all know that the South Korean platforms is trading not only Ripple but bitcoin in a premium. And so other argues that the total marketcap is still way more higher at around $10B.

But as far as the price of Ripple is concern, I'm have skepticism when it burst into the market and became the 2nd most traded crypto after bitcoin. The argument that is premined and decentralized really cast my doubts on this coins. Are they sustainable in long term? However, it looks like there's some serious dumping in the last couple of days. And my speculation is that it can go down below $1, in my perspective.

Well, that's was expected . After pump there might be a correction , especially after a news that devs team will sell a part of their tokens . It is a good opportunity to earn/loose some money   Smiley

Correction is inevitable, we all know that, but the question remains its sustainability. Once it corrected itself, can it still rises as it previous price or even go further? Bitcoin proves it can do it numerous times. But can Ripple do it? Remains to be seen.
8446  Alternate cryptocurrencies / Speculation (Altcoins) / Re: MEW (myetherwallet) hacked: FUD or not? on: January 09, 2018, 03:05:38 PM
I have just heard this news but I have not received official confirmation from Myetherwallet and I also checked my account on wallet MEW everything is going well. I think you should not be too worried, if there is still a coin on MEW please check if it is lost, if so please report to MEW manager, otherwise you can feel secure.

Nice mate, thanks for sharing that your account is still intact. Damn, I still have a lot of funds from my MEW but I'm afraid to check it now or enter the my private key but when I can using etherscan.io my funds is still there.

Best way to use MEW is Local version of it. Anyone can download it from github repo and use it instead of using it on from myetherwallet.com

https://github.com/kvhnuke/etherwallet/releases/tag/v3.11.2

Thanks for the share. Maybe I will download it later and see how it goes.

So, the Ethereum BLUE team ( https://twitter.com/EthereumBlue ) is twitting every minute about a possible MEW hack. It seems that their DNS server is hacked and as you load your private key (they claim that it's stored in cookies by MEW), it can be stolen. If you enter MEW and the default gas price is 41 Gwei then, you're on an hacked MEW site. It appears to be a problem limited to some regions. So...is it FUD since they're rivals or there is some proof behind this? If i'm not wrong, they found the Etherdelta hack recently.



I'm not sure. But to me its look like a FUD so that Ethereum will dip because its been surging ahead in the last month or so. There is similar to Bitcoin Cash vs Bitcoin rivalry. Other side is creating FUD so that investors can be swayed on their side. Sadly it didn't work though.

What? MEW was hacked? Please don't sign in your wallet on FAKE-site, bcause they will steal your key + password = your wallet. Please bookmark or use MEW-extention on your brower.
Don't use your MEW on EtherDelta, too, that exchange ask for your key, so it's not save for us. And it was hacked too!

If you don't bookmark MEW and just type it, more likely you will ended up in another MEW phishing site. I heard EtherDelta is a little bit laggy lately, but I'm not sure if this is due to something or just error problem on their end.
8447  Bitcoin / Bitcoin Discussion / Re: Have you ever borrowed fiat to get btc? on: January 09, 2018, 02:19:30 PM
Yes, I borrowed money to buy crypto currency. I'm very sorry that I did not do it before. I could have already repaid the loan for a long time.

Never tried it mate, but it looks like its favorable on your part and its seems its a good strategy. But I don't know, I'm a little skeptics so I'm not sure if I have the nerves to go that route as well. Maybe if I would just think of it like buying things with my credit card and pay the debt later, I might deal with it.

Whether it be buying btc or buying equipment to mine btc. Did you ever borrow fiat to make your purchase? I have not. Just curious if anyone ever has.
No, why would anyone do that?
Buying bitcoins is some sort of investment and everyone should follow rule "invest only what you can afford to lose". Borrowing money is not good option, if you don't have money to buy it find other way(earn crypto). Borrowing money can be option only if you can return that money but that would mean that you can invest little every month.

This is my thoughts as well, If I'm going to invest, not just in bitcoin, its better if the money came from your own wallet and not from banks for something. Again, I'm a risk taker as well, but if I can saved enough and later put it in bitcoin as investment that would be a perfect definition of investments. But I can't blame everyone who is borrowing its the risk that they are willing to take.
8448  Economy / Trading Discussion / Re: Be cautious with new exchanges on: January 09, 2018, 01:28:06 PM
It looks like they have a small volume with trades right now, but doesn't really look like a scam exchange. Does anyone here trade on topbtc? I doubt the exchange will be listed on coinmarketcap if it's a fake one, but the price does seem a little fishy.. They also claim to have free exchanges. I wonder how they make money
It does not at all and it is not a scam exchange compared to what the OP must have thought. At least they are trading, the volume is low and it must be a local exchange somehow. Nevertheless, why would anyone want to do arbitrage without being sure of the website they want to transfer funds too? That would be an extremely absurd thing to do.

Every other exchanges that are know today have started from trading small and look at where they are right now. I'm haven't done any trading on the a mentioned platform though, so I can't say if they are scam or not. My point being, they maybe small that why it arouses suspicions but let us give them sometime. Because if there are really a scam site they can easily be flag by a lot of traders who is member of our community.

See, not anyone knows topbtc and unless someone really experience to trade with that site and claims that it's really a scam or trusted site, we can really know for sure. Yes, its really hard to trust new exchanges, but if the intention is to really create another opportunity to trade and earn, why not?
8449  Economy / Trading Discussion / Re: Bad Psychology of Traders on: January 08, 2018, 12:40:16 PM
I've been trembling many times of fear when watching the markets and reading the news about crypto, in my case, it has fortunately been profitable because of "instinct" trades I've made Cheesy But still highly risky.. These days I try to not let the emotions take the best of me.

As people said before me you need to be patient and calm, it's still a wild west here.

The Wild West atmosphere has been existing ever since, but its more evident today as compare to the previous years. Everyone is really in it for the money and you will see irrational behaviors not just in selling but also buying as well, never would imagine people buying at the top price of bitcoin or any other altcoins.

And there's the FUD mongers here that affected the emotions of a lot of members specially newcomers in the market. But then again, it trading if you can't check your emotions out of the window, then I'm sure that you will ended up in a negatives because you need to be calm and be patience and not rush pushing that sell button immediately.
8450  Economy / Trading Discussion / Re: What's the biggest problem with EXCHANGES right now? on: January 08, 2018, 11:22:39 AM
There are so many verifications now and has a low limits. Exchangers can't deal with massive transactions, Slow updates, Lags and delays, and high fees. I can't even buy when i need it the most because of delays and too much time verifying of identities. I hope exchanges will narrow the problems and hopefully they can resolve it.

You have to understand where they are coming from. Never would have they thought that their customers based would literally goes to thousands in short amount of time specially when bitcoin is going up. That's why we have this kind of lagging that makes us so frustrated and it a matter of minutes, instead of making tons of money, we ended up losing.

But its no excuse though from their end, they are business and just like any other businesses, they should make their customers happy. They need to upgrade everything from server infrastructure to support because if not for us I'm sure that they won't be making tons of money today because of the crypto world is booming.
8451  Economy / Speculation / Re: When will bitcoin hit $20,000 on: January 08, 2018, 09:51:19 AM
As much as we really wanted to see bitcoin hitting $20K, there's no way for certain when we are going to touch it. Remember almost everyone predicts that $20K was going to be surpass at the end of 2017. Because bitcoin has made a dramatic rally and even getting above $19K, however, we experience a sudden slump, and dip as low as $12K-$13K.

But knowing bitcoin, it has the ability to recover and in the last couple of days we see it surpassing $17K and thought that we are going near the elusive $20K again. Sadly, it dip a little, maybe a correction or sort and consolidating and move forward again and try to test $18K-$$20K.

Pretty sure though that sooner or later we are going to touch it. I have a feeling that it can surpass it this quarter or even goes further the $20K mark.
8452  Bitcoin / Bitcoin Discussion / Re: This guy has lost 103 Bitcoins on: January 07, 2018, 09:07:51 PM
This guy has lost 103 bitcoins he mined back in 2011 and then lost his wallet dat file similar to what I have done but wow this guy must be gutted the amount of money he has lost compared to me  

His Address    166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL    Final Balance   103.20832384 BTC

So many people have the same problem and I wonder just how much Bitcoin is stuck not being able to be used Sad

He says "I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying."






https://cointelegraph.com/news/up-to-four-million-bitcoins-gone-forever

It says up to 4 million. So that guy who lost his 103 is another statistics. Really just sad though to see someone lost a lot of money because they either don't believed that bitcoin will skyrocketed or they are just plain stupid and not backing up everything and literally throw their money away.

Can you share more about the story though? Is this a new story or an old one because we have seen a lot of people losing their bitcoins. If will be really good if you can give us a link or something.
8453  Economy / Trading Discussion / Re: Altcoins are dying !!! on: January 07, 2018, 08:39:09 PM
They just cheap now, y'all should know the routine by now
Altcoins is really good, and i dont think that altcoins are dying because there are still many altcoins tha is really great on the market and for me altcoins is will bloom or will be more popular in this year 2018. And i know that altcoin can really help me to earn a lot of profit this year.

Some are cheap, others were cheap before when I was here first time two years ago even eth was under a dollar and to not mention many other alts that were under a dollar and today they cost more then 100 dollars.
Until now alts prove that can survive beside bitcoin and not just to survive, to evolve and grow stronger in price, communities and technology.
Alts are not dying, there are more and more alts. I like strong competition and with strong competition the best ones will make a difference and this alts that survive will worth a lot.
Perhaps you have misunderstood the question, because altcoyins appear to be reality very much, but not all of them have good prospects and therefore dies. The fact is that it's worth to go to the market and see that there are coins with very low rates, which did not move in price for quite a long time.

Let's see Ripple price was just .20-.30 cent when suddenly it surges ahead last year and been going up eversince. Its now worth more than $100B capitalization now. So I don't think we can't call them dying.

Another is Ethereum, also sitting on more than $100B capitalization and surpassing 4 digits mark and trading above $1000 today. Again, the future really looks bright and their a lot of leg room for this to grow this year.

Almost all altcoins are really moving very fast now so instead of seeing them as dying, instead majority of them are growing again which may push the total marketcap to $1T very soon. And remember that many investors are also enterin the picture and buying alts instead of bitcoin, specially in Asia like Japan and South Korea. So the opposite has actually happening now, they are booming and will continue to grow this 2018.
8454  Economy / Trading Discussion / Re: Trading or not? on: January 05, 2018, 09:13:32 PM
If I lost most of my capital in one coin, I will hold the first to coin it up again, whether it can be called trading or not?
Give your opinion Smiley

Your questions is not clear dude, but If I understand it correctly, you did buy a coin, lets say coin A and then the the coin suddenly drop, losing your investment. Then it not should be considered as trading because you didn't trade it, meaning buy or sell it at certain point. So its more likely that its a investment, if I'm not mistaken.

question is unclear !
if you lost your investment then you should not have invested all your money in 1 coin even if it is best project ..
next time diversify your investments .

That questions is not really clear, but we have to understand where the OP is coming from. It looks like he is new to trading or investing, and he still don't grasp the concept of diversifying his portfolio. But most of us did go to this experienced and I hope that he learns from this mistakes and next time we will try to buy other coins so he has some plan B. But yes, diversification is best suited in crypto as well. There are a lot of coins like Bitcoin and Ethereum and other altcoins that he can put is money with.
8455  Bitcoin / Bitcoin Discussion / Re: Finally, Bitcoin is a Crime in our Country. on: January 05, 2018, 08:41:27 PM
And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

What should we do now, Guys?  Cry

I'm sorry to hear that Bangladesh decided against bitcoin. Just read it somewhere that the Central Bank of Bangladesh issued a circular banning bitcoin. Take note that the main reason is that:

Quote
“Transaction with this currency may cause a violation of the existing money laundering and terrorist financing regulations,”

I'm sure that there are penalties if you are caught doing bitcoin transactions in any form. China used OTC, so there's a chance that you can still engage though, but it must be underground to say the least. It's really pity to see that a lot of governments are really against bitcoin. They need to understand that bitcoin is design to be used as micro payments and not to be used by criminals.

Also, Bangladesh people can take advantage of bitcoin because I'm sure that it has given its citizens a decent money as a sidelined. Too bad they the government is also looking at the negative side of using bitcoin.
8456  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC Rally...funny how people panic on: January 05, 2018, 08:00:48 PM
BTC went up about 13% and you can see how people panic.

Alts are down 15-20%! :O

Those who have extra BTC, lots of bargain alts for the taking.  Enjoy!!! Wink

What do you mean that people panic? Do you mean the Ripple investors are now dumping their coins an shifting back to Bitcoin? LOL. That will be really funny because they have been talking about Ripple taking bitcoin throne as the #1 crypto currency. Funny if they are now dumping because its down by more than 10%.

I don't know though, I will still stick with bitcoin for now. I'm sensing that Japanese and South Koreans are going to start pumping it again. The price bitcoin is even as high as $5K on some of their trading platform. Not much discounted price at altcoins though, Ripple is still above 3$ and ETH just surpasses $1K.

So alts rally is over just after a couple of weeks  Roll Eyes? If so alts suck big time. No point buying alts and holding them for months for a pathetic 2 week rally. Alts are still cheap in btc value compared to ath in last spring.

Bitcoin rally will last for months now like last time?



Just like what they says, "all good things must come to an end". Alts have been rallying in the past months and they really took the spotlight, but the king is back and you will hear the roar of the herd already coming. Let's just wait for the next bull run. Grin
8457  Economy / Trading Discussion / Re: Trading is unpredictable job. on: January 05, 2018, 07:06:50 PM
Especially a crypto trading where the fundamentals sometimes has no influence at all .
Some people consider crypto as a scam because of this matters , but actually they don't know about the decentralized system.
So no wonder people keep saying something like that , they are ignorant moron , do more research and you will find that trading easier than what people thought.

Correct. Research is essential. Wherever you invest, one should not only rely on fundamentals entirely . By researching on a frequent basis one develops instincts or market sense which helps in trading.

It's not that much unpredictable if you develop a trading sense. Yet again it might be a challenge for Noobs or beginners but it changes over a time when you start to trade on a normal basis.

I concur mate. It really takes a lot of patience and practice to be able to at least "perfect" the craft of tradiing. For newcomers it will be a huge challenge at the beginning, however, it will develop overtime. You can easily makes decisions that can make you earn a decent a decent profit.

However, its one part of the equation. Research is another thing. You need to do your homework and not hastily go into trading without any knowledge. Fundamentals is needed but most of the time, you need to research so that you can make a sound decision at the end.

And then when everything falls into pieces, I'm sure that you will enjoy trading and it will gonna be an easy task for you, and can play the market like a pro.
8458  Bitcoin / Bitcoin Discussion / Re: VISA rages WAR against Bitcoin! BANNED on: January 05, 2018, 06:02:47 PM
VISA recently ordered to banned all BTC debit cards.  Currently banned cards:  Bitwala, Cryptopay, Wirex, and TenX and xapo.

I am personally a XAPO user and got following email:

"Dear Cardholder,
 
Yesterday, January 4th 2018, the Xapo Card issuer Wave Crest Holdings, Ltd. was instructed by Visa® to close all cards of its Visa® programs effective immediately.
 
Unfortunately, Xapo did not receive any anticipated notice to prepare for - and have our cardholders prepare for -  the cancellation of our Card program."

A very sad day  Huh Huh

If I'm not mistaken, there was one article about the CEO of Visa declaring bitcoin a fraud or bubble or something to that effect. I can't remember correctly though.

Well, this is no surprising news. We all know that bankers really hates bitcoin and this declaration is another way of waging war against bitcoin. But why are you sad though? They are leading a smear campaigns against bitcoin and I'm sure that we can find others way to transact without Visa sponsored card.

Its not like the end of world for bitcoin. We all know that this will be forthcoming admit it or not. There are really feel threaten by crypto specially that its gaining ground once more. So be it, they started the war many years ago and I don't think can stop bitcoin though.
8459  Economy / Services / Re: [Soon] Aida ☮ Signature and Avatar Campaign ☮ on: January 03, 2018, 09:41:39 PM
Bitcointalk Username: Jating
Rank: Sr. Member
Current post count: 445
BTC Address: 12ji3nWvHiATseFELxqhXJM3idpor9tPxH
8460  Alternate cryptocurrencies / Altcoin Discussion / Re: Rising Ripple Threatens to Usurp Bitcoin and Usher In “The Rippening” on: January 03, 2018, 09:40:05 PM
First came ethereum, which threatened to unseat bitcoin as the dominant cryptocurrency in an event dubbed The Flippening. Then came bitcoin cash, which lay a glove on bitcoin core in The Cashening. Now, a revitalized ripple (XRP) is eyeing bitcoin’s top spot. Could the centralized cryptocurrency usurp bitcoin’s market cap, heralding The Rippening?

Did the so called "Flippening" succeeded?

What made you think the "Rippening" would perform better?

Despite bitcoin making gains of 14% in the last 24 hours off the back of news on Peter Thiel’s involvement, XRP has outperformed BTC, recording gains of 16%. Ripple at the time of writing had a market cap of $104 billion versus bitcoin’s $245 billion. In other words, ripple is worth 40% of bitcoin’s valuation. Each XRP token is currently trading at around $2.70. If XRP were to reach $6.75 while BTC stood still, it would overtake bitcoin to become the world’s most valuable crypto asset.

And then what? If it doubled the current price in the next couple of days or weeks? Do you think its sustainable? Or are we going to see the coins being dump so that everyone is really taking profits and laughing because those who have bought it at top price are already trap inside and can get can't because they are going to suffer a lose. And just what others have said, its a centralized coins, just purely pump-and-dump coins for me.

Its better to take advantage of this kind of situation and not be delusional to think that it will just suddenly overtook bitcoin and stay there. Ethereum has tried before but it didn't succeeded as I have said, but lets give XRP a hand for trying though.
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