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8481  Economy / Service Discussion / Re: SpicePay.com is it legit? on: December 13, 2017, 07:28:31 AM
Spicepay is a platform that allow merchants to accept BTC/BCH/LTC on their site.

I am wondering if anyone here has used their services... I can't find anything about them online anywhere.. I am trying to determine if they are legit or not.



Haven't heard of it. And just like what others have said they have a nice interface very attractive but this should not be considered as one factors to say that the site is legit or now. But I try to dig deeper and this is what I found about the website:

Updated Date: 23-nov-2015
Creation Date: 18-nov-2011
Expiration Date: 18-nov-2017

Its fairly old website, but what stands out in the expiry date. Maybe whois is not yet updated though because it looks like they have renewed it because the site is still up.

But I would be cautious though, I never heard of this website before, and I think I'm not the only one. @Potato Chips said, there are a lot of trusted payment processor options. I suggest used one of them and stay away from this site unless someone with a high rank has vouch that this trust is legit.
8482  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin is King and Ethereum is Queen , Do you agree ? on: December 13, 2017, 07:09:26 AM
For the time being yes, they look like King and Queen, but there are some really good coins picking up momentum like Waves, Neo. I am quite excited for 2018  Grin

Bitcoin will sit on the throne for a long time.

While Ethereum will have a lot of challenges from Litecoin to NEO, Waves and Bitcoin Cash. Just look at how the altcoin market moves in the last couple of days. Some of them grows bigger than bitcoin in a single day. It never really stop me from looking at the price of all altcoins now specially Litecoin.  Grin.

For the time being yes, they look like King and Queen, but there are some really good coins picking up momentum like Waves, Neo. I am quite excited for 2018  Grin

Yeah, exciting times ahead in the altcoin market as well next year. There will be a lot of projects and partnership with big firms and institution with different altcoin platform. Bitcoin will remain at the top and will be good as store of wealth and investment, no doubt, but I'm seeing altcoin to be much more lively and vibrant. There will be a lot of new investors that will come in and don't want to miss the profit with the top 1-10 altcoins.
8483  Economy / Speculation / Re: bitcoin now slowly drop should i sell? on: December 13, 2017, 06:08:33 AM
Bitcoin now drop for a while should I sell this or hold what should I do?
I have huge btc in my wallet.
Please share your opinion about this.

Another classic example of people getting into the market without knowing that there's a chance that your investment can go down and panic at the very first minute they see bitcoin price going down.

By now you have learn your lessons here, don't panic. We always says that price correction is normal and no need to push the sell quickly because that's how the market works. Please remember that. I'm sure that you bought bitcoin as top price that's why you are very worried and nervous that instant the price dip like 10%. LOL.

Just HODL in this kind of situation. Again, this is normal, and bitcoin has ability to rebound and get even further. Right now the price is maintaining at levels of $16-$17. Most people are bullish and all prediction leads to the price crossing $20K at the end of the year.
8484  Economy / Speculation / Re: Bitcoin Price Predictions on: December 13, 2017, 05:19:19 AM
I'm not surprised at all with all those predictions. Even some of them have really hit it like Mike. But it only make sense that this guys are very bullish about it because they are usually bag holders of bitcoin. It means that they have vested interest and one way to have bitcoin invest on it is to make those predictions looks like they are really going to hit that price in the future.

Its good to go back to this thread like 1 -2 years from now and let's see who has hit the target. And I wouldn't be surprise if they did because just like I said, breaking $10K this month is just the beginning for bitcoin. All are riding the waves, including Wall Street who we all know has a love and hate relationship on bitcoin and not everyone is sold on it. Although financial institutions CME and CBOE are already offering bitcoin future contracts, you will still read a lot of Wall Street guys being skeptics about bitcoin and its price.
8485  Economy / Trading Discussion / Re: Trading questions on: December 13, 2017, 04:19:34 AM
To those of you that buy low and sell high with altcoins, after you sell the altcoin for btc, do most of you just hold the btc?  Or do you sell the btc for usdt to lock in your profits?  Because if u dont convert it to usd... then the profit you made from selling the altcoin isn't locked in right?

From my experience, I usually don't convert my altcoins to bitcoin because I'm losing huge amount exchanging it. That's why we have this so called portfolio and diversification. So I stay away from doing this practice, but I don't know about other though.



•In converting Bitcoins to money is still called trading?  

As far as I know, exchanging your bitcoin to fiat is not trading. Trading is like speculating crypto's if they are going to increase or not. That's why you will heard people saying, buy low and sell high. If you exchange your bitcoin to fiat, however, then trading is already out of the picture. Its already fiat money, there's no speculation because you already hedge your bitcoin to fiat, in my opinion.

•In connection with the percentage or price of bitcoins I will go and exchange it to buy in lower price value and sell and high?

Yes, that's the universally accepted mantra in trading in order to profit.

•Will that be a good help? for make my money anonymously grow?

Yes, however, you have to understand that there are risk and its not 100% guarantee that your money will grow that way. You can buy low but then when the price goes down in the next 6 months, then there's no financial gain on your end.
8486  Economy / Trading Discussion / Re: how to trade efficiently? on: December 13, 2017, 02:12:15 AM
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

One thing I really learned from doing trading and become successful is that you have to be prepared. It means treat everyday differently. It will not be the same success day in day out. And if you are not comfortable get out early and don't pressure yourself.

Emotions are the worst enemy of a trader in any market, specially in bitcoin, so you need to check your emotions and tossed it out and get rid of it. Don't react to the market impulsively, used all the tools at your disposal to make a sound judgement.

As far as reading the graphs, it will come to you, you don't have to worry. It will come as you gained experienced. Most traders used TA, but I believed that there are successful ones who doesn't used it at all.
8487  Alternate cryptocurrencies / Altcoin Discussion / Re: Waves or NEO ? on: December 12, 2017, 04:23:02 PM
NEO - Chinese Ethereum
Waves - Ethereum Killer

So make your choice. Personally, I will go to Waves though, it has good functionally and its easy to add using plugins and you don't need to code it as opposed to NEO. With deep fiat integration (moving Fiat into Crypto), and transaction time is very fast as will with NEO. There's also a discussion about its interfaces, but I wouldn't go that far.

As for NEO, the only advantage of this coin is that this is mostly supported in the Asian region. And we all know how big Asian market is, specially the Chinese who really consider NEO as the equivalent of Chinese Ethereum.

But to get the best of both, I advise to get the two. They are two different coins, with separate goals and target audience. But its better to take advantage of them either short or long term goal.It's better to diversity. If you have money, I really suggest to get them both.
8488  Bitcoin / Bitcoin Discussion / Re: Bitcoin in 2018 on: December 12, 2017, 02:26:26 PM
I think by next year bitcoin will be more known worldwide and hopefully a lot of business-owned establishments like restaurants would accept bitcoin. I am even planning to go out of the country next year and one thing I was looking at on a country I would love to visit or stay on vacation would be a country that would accept bitcoin at some establishments.

With the growing popularity of bitcoin this year alone, I think the rate of adoption will still continue next year. There are only a few businesses that I'm aware though that is accepting bitcoin as payment. If you are planning to go out, the best option is Japan dude. We already know that they have accepted bitcoin and you can go anywhere with just your smart phone to do shopping and eating. They even accepting air fare as well. Japan FTW.

The journey of bitcoin from 2009 to 2017 is very interesting. Although the stories of individuals(investors) are very interesting and motivational that how they initiated and what problems they faced at earlier stages.

In 2017 the number of businesses accepting bitcoin continues to increase. Where you see the bitcoin in 2018?
Bank Indonesia will prohibit payment transactions using bitcoin by 2018. This bitcoin prohibition will be regulated in a Bank Indonesia or PBI regulation that is planned to be issued in the near future.

Thanks for the heads up by most of us are aware already that Indonesia is anti-bitcoin. We really love to see bitcoin being accepted by all nations, but sadly, it will be not the case. I say it will go 50/50 in 2018. Just hard to imagine that Indonesia is against bitcoin while most of its citizens are earning through it. How ironic.
8489  Bitcoin / Bitcoin Discussion / Re: Stuck transaction.... on: December 12, 2017, 03:54:06 AM
Dumping all i have into my new Ledger.

I didn't want to pay the $50 ish CAD the auto fees in my wallet wanted to use so i set it to 0.0003. I chose that because that is what the pool i mine to uses for all transactions. Figured it would work. :/ Stuck for over 24 hours now heh

I see some people on here offering free acceleration? Is this some kind of scam?

Total Inputs   0.12714720 BTC
Total Outputs   0.12684720 BTC
Fee   0.00030000 BTC
Fee / KB   0.00038462 BTC
Size   780 bytes

If you are willing to wait for several days then you don't have to worry about you coins. It will eventually get it through and be pick up by miners. I have transactions in the last couple of days stuck for 3 days but I don't mind. I pay a fee similar as yours. As far as free tx acceleration, they aren't scam, they can really help you, others ask for tips though if you are not comfortable giving tips then don't them.

The scalability problem of Bitcoin is now very much magnified with the recent surge in the transactions. People are complaining about the ridiculously high amount of transfer fees imposed by the wallets and exchanges. This can't go for a long time without affecting the very viability of Bitcoin. I can sense that Bitcoin is not yet ready for the mainstream adoption because of this big challenge. Something has to be done ASAP about this big problem...yet Bitcoin leaders could not come up with an acceptable solution.

Correct, it peaked at around 270K unconfirmed tx during the height of bitcoin price surge, but I look at today unconfirmed tx and its down to 100K. I suspected that the spam attack of low fee is again doing its job, clogging the mempool once more. On the other hand, maybe Lighting Network (LN) could really be the solution.

https://www.investopedia.com/news/bitcoins-lightning-network-game-changer/

Well we have to see then if ever implemented, it can drastically improved the speed of our transactions.
8490  Economy / Economics / Re: New rich people thanks to BTC on: December 11, 2017, 02:33:06 PM
I dream that in the future we will be rich and don`t know about it. And if suddenly we do recognize it, it would be the best thing in the world. Hope we`ll see it Cheesy

Everyone really wish or dream to be a millionaire, billionaire or so on and so forth. I too dreamed about that. Many people right now already got rich because of bitcoin, they must thank bitcoin for having their wealth right now. I too really wanted to be like them because I know bitcoin will be the best thing. Having a patience I guess is putting us in that position. We will just see it if we have a patience to wait for this good time.
If you want to be like them you should learn how to do the things that they are doing that gives them chance to become a millionaire or successful investor or what kind of their field is. It is all about the determination and the things that we are doing that will give us chance to boost our progress to become rich someday and be like the people that we are admiring or reach even higher than them.

I don't think that determination is just enough to be a millionaires. You need to have the combination of risk taker, enter the market at the right time and I just you need to be lucky as well. If you we want to be a millionaire on bitcoin though, specially at the current price rate, we need to add another factor, lots of money to begin with and invest today. Those early adopters has really one advantage on us, they just invest just a few in order to get rich. While us right now, we need to invest huge amounts just to get the financial gains that we are targeting, in this scenario to be millionaires.



We ask the New Rich people to help our children forget about the disease.
Our BTC wallet: 1NFj3Lk7Wz32AWAdLkQvbnoycsatj79kok

Feel free to ask me any questions about Anti-Cancer Challenge 2018.

Kindly put your message or whatever in the proper thread.



Anyone can be a millionaire,  a billionaire,  or even a trillionaire because of bitcoin. In fact,  many people have experienced it. Bitcoin can make us a rich man fast. Only by having a little amount of bitcoin will change our life immediately when its price increases very high.

As I have said above, its not quite possible because the price of bitcoin is too high for ordinary investors. So with little amounts, you need to hold it like 5-10 years or even more to realized your dreams of being rich. A lot of things can happen along the way that its gonna be difficult to hold on it that long.
8491  Economy / Economics / Re: Selling Bitcoin = Opportunity loss?! on: December 11, 2017, 01:49:41 PM
sell your bitcoin is not losing your profit. if you sell your bitcoin in high price, just wait until bitcoin price decrease and than you can buy it again. and you can do this one repeatedly. i think you will get more profit than you wait for long time and than sell them all. but everyone have different way to multiple their bitcoin
It always depends upon your trading style and goals. If you are active trader then it is great opportunity to sell Bitcoin at present rate and then buy again when the price fell down but if you are thinking for long term investment then you can wait more. Yes everyone has their own strategies and it is important to make best use of each and every opportunity.

Of course that's the best and proven solution that everyone is using. Selling at a top price ( depends on how you see what could be the top price), then buying again when the price drops. Actually I'm talking to a trader right now and he said that he dump a few at $15,6xx and thinking it couldn't go higher anymore. I said to him don't regret your decision ( sounds that he is regretting because the price shoots up to above $16K at the moment), you made the call which you think is the correct one for you. Just advise to wait for the price to at least drop before entering again.

I also dumped a few above $16K, but I'm all good no regrets whatsoever, although I believed that the price could go around $18K at the end of the year. And I don't think that it is a opportunity lost, money is today is the same as money tomorrow. A lost is when you buy at the top price and then sell it a low price because you panic. I already earn a good amount of profit at $16K.
8492  Alternate cryptocurrencies / Altcoin Discussion / Re: Better to buy alts with bitcoin or ethereum? on: December 11, 2017, 12:43:19 PM
According to me bitcoin is not good to invest in the icos at the moment,because it is rapidly raising at the moment.Right now I think ethereum is the best option to invest in the icos.

Let me put another spin in your statement. Bitcoin is not good to invest because the price is really high. While Ethereum although reaches its all-time-high last month as well is quite cheap as compare and a good investment for long term.  But don't forgot that the network of Ethereum is being clogged as well, thanks to cryptokitties. Smiley

But I really like to put my money on Ethereum right now because its affordable, and a lot of positive news as well. If bitcoin future contracts just started today, Ethereum will also have its own version of derivatives.

http://strategiccoin.com/ethereum-futures-will-launch-sooner-than-you-think/

We already what's its done to bitcoin price, so I wouldn't surprise that Ethereum will again breaks all-time-high and probably touch $1K if this is it going to be implemented in the horizon.
8493  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Ripple getting behind? on: December 11, 2017, 11:46:35 AM
6 months ago, Ripple also experienced a wild down spin. I speculate that time that a lot of whales are really trying to manipulate the price from behind so its really better to look at it long term. And also at that time there's a lot of positive news coming. The team behind is legit and solid, its even considered as the future of payment transactions. Along with Japan and Korea who has been investing on it, there's a lot of positive news that should really push the price of Ripple even further.

But going down today and from what I seen 6 months ago and right now, it doesn't makes any difference. Its been using as pump-and-dump when everything at the beginning looks like very promising and growth and the future looks really bright. Unfortunately, it didn't turn out to be. I would also say that this coin is way overrated and now what we are seeing are its real face value without all the hype surrounding it.
8494  Economy / Economics / Re: Bitcoin will control the world economy!!!!! is it true? on: December 11, 2017, 10:50:43 AM
It's too early to speculate. Bitcoin is still in its infancy and it's hard to tell if it can control the world economy. But there's a lot of conspiracy theory going around this premise though, so I wouldn't be surprise if bitcoin became the legal currency of most country. And just look at how China and Russia suddenly turn its back on bitcoin because they think that it will really disrupt their local currency and their economic growth.

It will happen if the price of bitcoin keep increasing insane like this. Valuable things can easily control the economy. Look at golds, it's a clearly example.
Bitcoin is a money and it has changed life style of many people in the whole world including me. Before I have start working with bitcoin I have a lot of financial problem but after start working with bitcoin I become very stable finecially.

Its really striking that bitcoin has now becoming a monetary asset and an investment rather than a P2P, used for doing transactions. So somewhat you have to think that it has the possibility to really became a monetary system that a lot of nations will adopt and can really control how people spend their money. But this is all conspiracy for now, not yet happening but possible in the future. Let's see how it goes.
8495  Economy / Speculation / Re: Will it crash in the next few days? on: December 11, 2017, 09:33:03 AM
I was told to cash out, But I was saying no as I didn't think it would crash more then 60% and then 20 people told me to cash out so I did... NEVER AGAIN...

Trust your gut guys not some guys who got lucky one time and made lots of money on trading

Why did you trust those guys? Look at the current price, it has recovered and now trying to test $17 once more but I think there's some resistance and the price is swinging wildly but somewhat settling above $16K. It went down to $13K and I was alarmed as well, but thinking that this is just a correction, I wouldn't bulge from people telling me to sell as well. I make my own decisions, its my money anyways.

I've been pulling my hair out trying to 'cash out'. My transaction has been stuck for 12 hours and I've already lost a good deal of cash waiting for it to go through.

If I drops rapidly over the next few days, I'm going to lose my mind.

I personally define crash as a minimum of 50% drop from the current price and I doubt this will happen any time sooner. There should be a tremendous pullback of investors, a very horrible news circled the community, and other misfortune happen simultaneously or consecutively in order for the said crash to happen. And for now, I highly doubt.
I doubt it will crash anytime btc has been continuesly increasing. Were seeing of fallback of the value but it will regain to the current price and continues be. Bitcoin proven to be strong because of the fudsters or many prediction to crash it yet it is still stands highly.

Yes, its just a fallback that we have seen over and over again. And if you are too emotional and didn't know how resilient bitcoin is, you will really immediately dump it because you don't want to lose your profit. However, for those who are been here for almost a year now, is normal and bitcoin has also shown in the past that it can go even further after a crash or correction. So this price movement will end up to $20K at the end of this year.
8496  Bitcoin / Bitcoin Discussion / Re: Facebook & Google creating its own Cryptocurrency! on: December 11, 2017, 08:59:16 AM
Your thoughts on Facebook and Google creating its own Cryptocurrency. I know BTC is the pioneer in cryptocurrencies and currently has the highest value but if this two giant companies will release their own cryptocurrencies I don't think anyone would want miss that. Its not impossible right? Similarly Other companies like twitter & Youtube and even UBER can also dig into cryptocurrencies. If major companies can consider BTC as their main cryptocurrency, BTC value will definitely skyrocket.

Facebook and Google creating their own cryptocurrency if true has nothing to do with bitcoin. Its a separate entity which both companies can "control". As opposed to bitcoin which is decentralizes. What do you mean miss that? Both companies have already IPO and it doesn't make sense to offer this crypto's to the market. Yes, it's possible that then again, it will just harm than and no make sense in business stand point of view.

No need to make bitcoin as major currencies by big companies, this is totally outrageous and disadvantegous. Have you heard of state back currencies? If not they go and research and see if it fits and becoming successful. We don't need companies adopting bitcoin. We already have a lot of investors to push the price even further. And everyday bitcoin is becoming popular and fresh money is being pump into the ecosystem.
8497  Economy / Marketplace / Re: Today The Price Of Bitcoin Exceeds 100,000rmb In China on: December 08, 2017, 03:50:29 AM
Today as usual, the price of bitcoin is rising again and I was no longer shocked by it .

Bitcoin already surpasses 18K I believed, from just $700 starting this year. So that's more than 1000% increased if I'm not mistaken. Looks like you have predicted it because you are not surprised at all, unlike most of us here who didn't see it coming.

But today is a memorable day for the Chinese which the price of BTC is more than 100,000 RMB(yuan) per bitcoin .If a Chinese man's income is around 100,000 yuan one year ,then you can say: Oh, it's not too bad .

Congratulations then. Bitcoin has the potential to alleviate people's lives specially in third world countries. And like you portray in China, a simple farmer becomes a high family class because of bitcoin. They can now afford everything.

While the Chinese government does not support the trade and development of bitcoin and other blockchain currencies, the topic has never been severed in China.

Yes, no one can stop Bitcoin not even the Great Wall of China. It's already proven, but let's assumed that China didn't banned bitcoin, every China man now are getting richer everyday. But they still have the monopoly on bitcoin mining farms, so I guess there's still who's going to be rich as hell because of bitcoin.

As a girl web developer ,I hope to witness the super, final miracle of bitcoin ~See the power of Opensource and economics !

This is the best era .

Yes, everyone is invited to the party. This is a new revolution, and the new beginning that will change the outlook of economics globally.
8498  Alternate cryptocurrencies / Altcoin Discussion / Re: 2018 The year of the altcoin on: December 08, 2017, 02:40:34 AM
I think the x10 and x100's of several altcoins/platforms are to be seen in 2018

Enjoy the ride brothers and sisters

With all the shitcoins coming around, I'm sure that we can find at least the proverbial "needle in a haystick" in 2018. New shitcoins arrived, lots of hype around it, investors get interested, pump-and-dump and then BOOM x100's in few days. Book your profit and then look for the next, that's how it is. But the questions is how we gonna find out that one coin that will make us all rich? Would be interesting isn't it?

And to the existing coins, I still go with the top 1-10 in coinmarketcap. I think they are still undervalued this year because of the China ban ICO's and of course the bitcoin sweepstakes that we are seeing. I myself have some ETH that I didn't dump event though is reaches its all-time-high this year. I'm looking at 2018 as the year of the altcoins. Lots of project around, lots of IT companies interested, specially smart contracts. Let's see though. Just watch the top 1-5 this year, it would be huge.
8499  Bitcoin / Bitcoin Discussion / Re: Are Crypto Exchanges Ready for Bitcoin? on: December 07, 2017, 11:15:37 PM
Bittrex users took to social media to voice their concerns: something is wrong at the third largest cryptocurrency exchange in the world. Customers openly complain they’re having issues with withdrawals, and this has been going on for weeks. Certainly every popular platform has had its share of problems with runs in the wake of price spikes, but until yesterday the exchange offered no formal, public explanation.

With the huge influx of new customers coming in, I say that they are not ready to accept and transact this kind of volumes. I remember that there was this kind of situation before, specially when Japan entered the picture, the price pickup, customers increased resulting to many complains.

I guess those exchanges will need to make adjustments as well like upgrading their technical, - infrastructure including software, support channels, networks, servers. Communications are very important to their clients, so they should also make it a point to inform what is happening on their end beforehand so that every customers is updated.

And its not only exchanges are affected with the sudden spike hike, even tumbling services too, cryptomixer has been down lately because of DDoS. There's still a lot of individuals out there who wants to create havoc and panic specially when the price is surging.

As for the fees, it should only be increased or charge their client's appropriately. but then again, when the mempool is clogged we can't do anything about it but to pay higher fees.
8500  Bitcoin / Legal / Re: Bitcoin is Officially illeagal in Morocco on: December 07, 2017, 11:14:54 AM
They all have personal views on Bitcoin it's just that Morocco has an infavorable one that could affect its citizens who are Bitcoin and cryptocurrency users. However nothing is permanent and anything illegal can be legalized the only thing they need to do is to see the positive effects of how Bitcoin and Altcoins can effect the economy of a country aside from that they need a politician who will stand with us in creating a law legalizing Bitcoin.

This is the sad part. The one that is really affected by countries banning bitcoin is their citizens. I'm sure that there are Moroccan bitcoin community and hearing this is very unfortunately. I think there's really benefit from the government standpoint, citizens trading bitcoin, earn money, have purchasing power in their country = economic growth. However, this kind of government doesn't bother to look at the bright side of bitcoin.

But  making digital currency transactions illegal, it will be really difficult for Morocco to benefit from solutions based on blockchains and cryptocurrencies, since local startups are no longer allowed to work on any of them!!!!

I don't know about blockchain though. Blockchain is the underlying technology. Banks, who we all know hates bitcoin, but are very inclined towards blockchain technology because it has really lots of benefits. I hope that the Moroccan didn't turn their backs on blockchain. Not only banks but other industries as well can take advantage of it. If they completely shun away from bitcoin/blockchain, then they will be left out of the closet, while other nations are getting the best of out it and people making money. Its their lost.
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