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861  Economy / Economics / Re: When will more retailers accept Bitcoin on: October 02, 2017, 12:42:36 PM
Quote
It makes sense that a transition to accept bitcoin would be underway for more US-based stores



I believe this one will take time to happen. The US aid to already banning lots of altcoins project which is the basis of using crypto currencies directly from the blockchain.


For bitcoin spending there are very rare projects out there and it should takenlot of time to implement in the country like us.  For Japan they have already accepted the reality and there the government supports people's rights completely and legitimately.


This is majors factor that pushes any nations working and the infrastructure. I mean if everyone is in the same boat then what to worry about. It's simple.

862  Alternate cryptocurrencies / Altcoin Discussion / Re: Investment Advise to Newbie's on: October 02, 2017, 12:38:52 PM
Yes your thoughts about the investments are pretty matured. It's not us or the noobs for instance who fall for the scam projects or the projects which are costly enough to invest in. That's all happening all due to the ICO going wild everywhere and they are the only entity who will decide the price of tokens because everything here simply is not real or more or less it's decentralised what we call it.


For now investment needs to be smart and should be done rarely but in the profitable manner. Hundreds of projects are published everyday but it's not like that we should go investing into all of them. People who are noobs will fall for these projects and will invest unwanted amount of money into it. That needs t be changed and one must be careful about everything.


863  Alternate cryptocurrencies / Altcoin Discussion / Re: How to start an successful ico on: October 02, 2017, 12:21:13 PM
You have presented steps of ICO in general here. These are the good points that needs to be followed but as user of ICO I will put some of my thoughts about the ICO projects.


ICO usually publish themselves with a idea and concept about their products and services. And if you look out the percentage then 98% ICO will be like that only. Then don't just have anything in hands only the whitepaper and a roadmap. That's like hitting the bulls eye from the moon. We will never know unless and until we see it our eyes that their products has been really launched in the market. Most of them fail to do so and leave the project behind in between.


So my point being here is that we should have ICO which are having working prototype of the product or services in their hands ready for us to take trials of. If that happen then millions of people will join the ICO blindly as they will know it's gonna be success for sure.

864  Alternate cryptocurrencies / Altcoin Discussion / Re: I have BILLION dollar idea on: October 01, 2017, 07:41:35 AM
You don't have to worry about your idea if you are going to make billions from it. If that's your confidence level then you could just go and ask for loans from the bank or other financial institutions. You can return the whole loan in single shot if you make billions from the idea that you are having.


Start making it reality by putting first step toward making of the team, registering your organisations name in legal directory, availing the license if applicable and much of the processes related to legality. Just start it and you might just get the feel for your idea and what's the reality. Happy innovating !
865  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you still support Ethereum? on: October 01, 2017, 07:20:23 AM


I can't name any other coin/token, which failed more times than ETH. It's not about loving or hating it, it's all about people losing money, because of situations which can be avoided. I would care less if these ETH based projects were not asking money from the masses, but that's not the case. And believe me when I'm saying that Ethereum has some powerful lobbyists. Otherwise its price would be probably 1/5 from the current one.


Didn't we had enough of this?




I think it's enough one and we could expect more from the ethereum as we did with bitcoin few years back. You never know what will happen with ether in the long run but whatever seen in the past year and now the prices look in good state.


Quote
ETH based projects were not asking money from the masses


Well, that might be the thing which is keeping the ethereum very much high for now. If the ICO bans continues then who will use the ethereum? I barely doubt then it will survive. These projects are ethereum pumper because loads of investment are done with ethereum and it's better stay in that way only.
866  Economy / Trading Discussion / Re: Is China still going to ban bitcoin exchange in China on: October 01, 2017, 07:00:24 AM

 Shocked will Chinese exchange platforms shutdown on 30 sep

Will it affect on cryptomarket



They are already closed and almost every exchange will be invalid after tomorrow onwards. I don't think any of them will stay online anymore unless and until the government of of china will be making any further decisions. If the China's regulation fit in just right then ICO might be overwhelmed and world will have great response towards the big investments. Then this could be new revolutionary way of investing and prices of ICO will be legitimately high. But who knows if the Chinese have decided to shut the program completely then that might be happening more. Nothing much will happen and we can see the market more stable and non fluctuating as china was use to be destabiliser according to my experience. At least that's not gonna happen now.
867  Alternate cryptocurrencies / Altcoin Discussion / Re: Are there coins which you can mine with CPU? on: October 01, 2017, 06:40:52 AM


Are there coins which you could mine with CPU so that it would be profitable?



Mining the coins with CPU is no longer profitable guys. But with CPU you could mine many coins such as monero, zcash, litecoin, ethereum, dash, infinity coin, fantom coin and much more. Some of these coins can even be mined over your phone!! However as we know everything depends on the hash rates and solution per seconds given by your CPU. Today's difficulty is so much that even with i7 cores you can mine with 20 sol/s and 25 H/s rates which is just not sufficient enough to copup with the today's mining rate. You can do it for the fun anyway.
868  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin Die Because of China? on: October 01, 2017, 06:17:09 AM

Quote
Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?


Why does it even come to the china anyway? Agreed that they had role in the bitcoin mining on mass sca,e and they had more investors than anything else but look around you everything is still working just fine to me. There were little glitches in the bitcoin price but it sustained that stroke as well. With the Christmas coming we will see more investments and the bitcoin price will rise even more. Better keep the faith in bitcoin not in the china. No offence but the country is behind the race now and soon it will go off the radar. The more quickly that happens the easier it would be for us and bitcoin to capture the next goals. Cheers to china by the way.
869  Alternate cryptocurrencies / Altcoin Discussion / Re: How to detect a scam ICO? on: September 30, 2017, 08:09:01 AM

You can go through list of some things which are important for an ICO to have if they are legit.

Firstly you can have a look into the team itself. There could be fake representation of the team, random pics, names etc. If the ICO is legit then there has to be few know team members and you can consider it as legit. If these managers already given best of the ICO then the chances are high that you will get it as legit one.

Secondly, check for the news about the ICO. If it's in the news in positive way and making the good publicity then the chances increase a lot towards the legitimacy of that particular ICO.

Third, have look into altcoin announcement section if they are present there or not. If they do have thread then look for the discussion, read it and grasp what people are saying about the ICO.

This should lead you to the legit ICO for sure.
870  Economy / Economics / Re: Don't trust anyone who tells you how much Bitcoin is worth on: September 30, 2017, 06:54:00 AM


Smiles, some prophets and gurus say that Bitcoin is worthless, the truth is that banks worldwide and some nations have a great interest in technologies based on blockchain, part of the attraction are the profits that are generated in projects and ICO, product of the creativity and initiative of visionaries who probably do not know the future value of their projects.



Yes world accepted the swift technology and I believe that they will integrate the swift with blockchain for better tomorrow. They have seen the potential of blockchain technology through all this years. They know that banking system can improve with the implantation of blockchain.


The prices will always drive crazy if something like this happens in the future. Plus there are huge chances that government will accept the bitcoin along with blockchain. The potential is huge for this coin.
871  Bitcoin / Bitcoin Discussion / Re: when you try to explain people about cryptocurrency do they understand? on: September 29, 2017, 03:50:56 AM
Yeah I get a hard time explaining things to people. Like in my friend circle when I told about crypto currencies they were like saying you are crazy man go away. There is nothing like that and if it's virtual then for sure it's real and all the stuff. That was the situation like, I know guys I have thousands of dollars from it but they were like still go away. That's frustrating sometimes when we are being nice to people and trying to teach them new era learnings and earnings. But anyways somehow it's not easy to tell about the crypto currencies to others as long as they get into it themselves. I believe only 2/10 get it right at the first time we explain them but in later times they get into it and learn by themselves.
872  Economy / Service Discussion / Re: Hashflare screwed us up. on: September 28, 2017, 02:50:24 AM

Oh, thats why my contract is stopping.

Im not getting profit on them, even i just test it before. Deposit about 10 GHS and get some referal, but still this isnt good earning if they change it to 1 year contract. Because already 1 year and i just get about 32k satoshi from 0.001 Deposit before  Undecided



Yeah that was suppose to happen one day because they will run out of the profit margins and won't be able to make any profits for us or the user no matter how much they might have invested. It's really a risky business and I hope you at least have got the return of investment back. Because this terms of contracts are very restricted and are not wirth giving you profits. There is no hash rate I believe which can be covered within a year of terms or even if you cover then by that time you will get only few bucks as profits. Better stay away guys, no cloud mining anymore.

873  Alternate cryptocurrencies / Altcoin Discussion / Re: How long did you wait before do you sell your ICO Coins ? on: September 28, 2017, 02:31:09 AM
What you said is pretty much thoughtful and one must know the risk involved in it. ICO work like that only, they will run for long period of time for there development and launch of the project. Considering that the price of their token will also fluctuate a lot after they get listed in the exchanger.


But to be honest it's not god way to earn profits like that. Just imagine tokens hitting the exchanger and they will put a initial price tag of x amount and everyone will just start panic selling. This actually kills the coin and the price drops but ICO managers are smart enough to not out the price tag way ahead. So those who still hold the coin will get a full benefit later on. My maximum time of holding the coin is two to three months and I think it's worth to do that.

874  Economy / Trading Discussion / Re: Profiting With Bitcoin on: September 27, 2017, 03:55:33 AM
1) What are the processes involved in growing your bitcoin by knowing when the price will rise or fall?


For me I will choose the exchanger signals form different sites and will compare for extra detail for the price of bitcoin. Usually for growing the bitcoin l will keep them bought at lowest possible price. The rest happens automatically.


2) Are there software or value graphs that can aid a trader?


Not really, you can just go for exchanger as I said in the first point. They are best one and for more detailing use coinmarketcap in comparison with top two exchangers.


3) What indicators do you use to know what altcoin to buy, which is likely to rise or diminish in value?


Candlestick is better one to use because bitcoin prices rise and fall like very crazy. To see the difference they are better representation.


4) Do you make profit by trading your bitcoin with your national currencies?


I have tried it many time and I usually do that through my wallet as it is more easy to convert fiat into bitcoin and the other way round. It gives you profit if you reinvest the compound amount.
875  Economy / Economics / Re: If you have a lot of bitcoin, should you spend it or save it? on: September 27, 2017, 03:35:29 AM


It's depend of my situation, but for now if i have a lot of bitcoin,(example 10btc) i think the 50% of my bitcoin should i spend it for start my own business and some if my money i'll give it to my family to buy what they want or pay a bill. And the half i think i save it until the price of bitcoin get higher or maybe i'll invest it to increase my income and also trading.



Currently I'd save it since it has started increasing in value and the it stands a chance of gaining more fiat equivalent value and soi will wait until  after this hike before I will sell and invest into a business.




That's completely right way to work with bitcoin and from today onwards we might just see the hikes in the price of bitcoin. The china ban is about to end on 30th September
and there is possibly people will start investing into bitcoin as they will be having assurance there is no more harm from the china side. The Panick ness will go away and every investor who had pulled their investment from the bitcoin will get the investment back in. This is going to boost the bitcoin very high.


Talking about opening the business we should consider a year more or so because it's expected that price will jump more than this and it could go off the chart. Better wait for little more and then you can open up the doors for your business soon.

876  Bitcoin / Bitcoin Discussion / Re: Should we buy now or sell? on: September 27, 2017, 03:13:12 AM

What's actually happening with bitcoin? Market is collapsing hugely.Is this the better time to buy or sell? And will it goes under 2000 or 1000? If so should we buy then? Suggestions would be helpful



See mate you have to be stronger enough in such situation and consider holding your bitcoins rather than selling them. I will even suggest you to take it as opportunity and buy more coins if you have the money. Always consider "major fall" in the bitcoin as temporary one because that's just outcome of some mega moves around the world for example, china banning the ICO or segwit taking place etc. These events are once in while and they don't really affect the bitcoins presence completely. They will just make the crowd more panicked and due to which they start selling of the coins resulting in the dropped prices. So it's completely fine to hold in such situation and try to buy with hard heart. ;-)

877  Alternate cryptocurrencies / Altcoin Discussion / Re: If you had $50,000 to invest into mining, or coins... on: September 26, 2017, 10:31:48 AM
That's big money dude. I will probably put 50% of the money in to my wallet in the form of bitcoin. This is because I don't want to be complete loss with that kind of money. Saving this for cold storage would be ideal as my money will still grow and it would be my back up money in long run.


Rest of the amount is still bug and I will choose ASICS rather than gpu. The gpu are getting costly and you will need lot of them to cover the block problem solving capacity. With ASICS you will get the power and the money that you investing a lot to maintain at lest 10 units. That would be great rig to start with. From the profits you can buy more and keep multiplying your rig to have great profits in the future.
878  Economy / Trading Discussion / Re: Bitcoin/Altcoins trading on: September 26, 2017, 10:10:26 AM


Help....I can't sleep ever since I start trading crypto-Currencies.. INSOMNIA.

Let's share our best moments and worse moment since we embark on Bitcoin voyage.



Yeah very common problem now a days and I believe all the crypto people are like this only including me! I used to sleep like around the clock and now since I started the journey of bitcoin I'm having sleepless nights! It's just I don't get time in day as becaus of real job and then I have to work in the nights to complete my targets of different campaigns, whether it's signature or twitter or Facebook, even sometimes I will be reading about news and new happening around the forum or different websites. I'm very addicted to follow the news on social now and before this I use to be lazy to read anything. Lols.


Bitcoin trading on the other hand is still making more insomniac than anything else. Come home and look after those signals, checkout what the alts are doing and sometimes it's frustrating when I find my coins are dumped little bit. Then there is no sleep for that night, lols. It's true that you brought this up. ;-)

879  Economy / Service Discussion / Re: Android and iOS app of bitcointalk forum needed. on: September 26, 2017, 09:50:32 AM
I don't see any application of app in the daily use of bitcointalk forum. It runs pretty well on the iPad that I'm using. The web based functionality has to be there because we have to come across many pictures and videos sometimes. The app will shrink all the tables and tools present here so that would be little uncomfortable to me. Plus different section has different stuff posted which might not be supported in the phone. For example have you seen the signature campaign and new ICO announcement? They will always have big whitepaper published in the form of PDF or codes which would be very big to be loaded on the phone that too within the app. Better have it like this only.


880  Economy / Economics / Re: Investing money on bitcoin..! on: September 26, 2017, 09:32:27 AM


For me I found it very wise and interesting investing in bitcoin because as the time passes by it continue to appreciate and many peope says that bitcoin made their life even better. I think the market of bitcoin will continue to grow so we better start investing now for our future.



Yes off course people around us says all about it and you can check the portfolios for btc in the forum itself. Many lives changed and many were turned into millionaire just because these people made right investment at right time. So it's not the time to ask whether bitcoin investment is very profitable or not because it's not about profit anymore but it's all about how much profit you want form it. The more faster and bigger investment you do with bitcoin then higher is the profit that you will get in the future.


There was time when bitcoin wa worth cents but we missed it, then there was a time when bitcoin was worth dollars but we missed it too, and bitcoin has become thousand dollar worth and I think we should not miss the chance as it could be million worth in the future. Don't wanna regret that thing for sure.

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