Hey, Yeah. We aware of that expected decision. We are not located in US and will not provide our services or tokens to US residents. Regards, Alex. Goodd to see that the Bitdice Ico won't be much effected, just for security stakes, I would advice you to write a statutory warning, USA residents are strictly warned not to participate in the Ico or that you do not serve the people of USA, this is just to be on the safe side. Hey, Yeah. We aware of that expected decision. We are not located in US and will not provide our services or tokens to US residents. Regards, Alex. Hello Ann thread is lock so want to confirm is there Pre ICO Token. If yes how much discount are you offering? Don't know about discount but there are many ways you can earn your stakes in the Ico through twitter, YouTube and all. |
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Eagerly waiting for the 1st test between India and Sri Lanka which is starting from tomorrow in the Galle international stadium. I hope it'll not be like the U19 match which is going on right now
I hope India plays with their full spirit and the coach controversy does not impact the players. Kohli will now have to stand tall and deliver as the coach is recruited as per his wish. He will have to bring all team members on same page and get them together to play as a unit and beat Sri Lanka who have the advantage of their home ground. Last time team India played here we all know what happened, so what do you think will happen this time, though team India do have a new coach, who is thier x Coach brought back, a young team and neighbourhood County interesting match this should be, though team India has advantage, you can't rule out Lanka in their home country, it will be more of a odi then tests lol. |
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people think that bitcoin is easy way to get rich but it's not like that, I have been played lottery since two years.
Still i am not that rich. There are few lucky people who earn so many bitcoins but most of the people still not happy with their earnings.
So you are playing with your money to make money? Had you just Brought a Bitcoin wouldn't it help? Or like many of us do signature campaigns, services if any? Bitcoin is about luck and hardworking to until you have the money to buy one. I would suggest you to rewire your concept on how where to earn, playing lottery is the most foolish way to earn. Instead look for ways to earn it for free. I think you have got it completely wrong. |
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No I don't agree with your comments, to some they might seem right but to exit btc when it's about to enter the mother of its bull run it would be suicidal, have you made some looses? If yes then I would suggest you to hold on to your coins, we'll the issue with exchanges will always be there, that's why I have moved away from exchange but not leaving Bitcoins, but I must say after a while newbie post is good.
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From time to time, I get paid in BTC for my freelancing services. Sometimes, I don't exchange it to real cash and let BTC sit in the wallet. But lately there has been A LOT of fluctuation in BTC price so if I have, let's say, $2000 today, tomorrow I might have half of it. I don't like that kind of a situation. So is there any way to make sure that your BTC gets fixed? Like, somehow fix the BTC price in your wallet. So no matter if actual BTC price rises or falls, you still have the same value that you have today. I think I might be interested in keeping some of my savings in BTC (away from banks) if I can somehow find a way to fix the value that I have today.
Is there a way? Any suggestions?
I can understand your concern but honestly you ate just being paranoid. For example say you had 2k two weeks back, that took a plunge to 1700$ last week and this week it went 2700+ so what loss did you make, look mu suggestions is when prices are. Going down don't look at it, and when it's high sell it, a tip: in Bitcoins what goes up down, comes up stronger and better. Or if you need Fiat then keep on trading it for Fiat when you feel prices are high. |
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Hi Guys, I would like to her from the community what they think will happen to the Bitcoin price 1 August? I'm sure this is a question on a lot of peoples lips! Even though the fork might not realise. Please share your thoughts on the matter and let see who where correct when we reach 1 August.  The fork won't happen at all, which is a really good sign for Bitcoin and it's future, I don't think there will be any bad news now on, the storm is all but over. I feel we shall have a sunny day and by that I mean the prices shall shoot up to 3k it's only 300$ away now. So that's the only thing that should happen other wise it may just stay at current rates and we shall just treat it as another day. |
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I would like to find out what initially attracted community members to bitcoin.
It was last year quarter that I suddenly came to know of bitcoins, I had no clue what it was but I wanted money anyhow to earn a fitbit charge hr 2, and I jumped in and since that day I have not looked back, so for me the initial motivation was money, fitness and ya I wanted to avoid the government and it taxes so ya Bitcoin helped me a lot and that has got my fitness on superior levels and I am glad Bitcoin came into my life |
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Basically, there are two type of people here in the Bitcoin community. One, there are people who have a strong faith in Bitcoin and is really supporting the cryptocurrency and two are people who are always negative about Bitcoin despite its historic rise and proven resiliency. Of course, there can be people in between maybe a little bit positive and negative at the same time just content on watching what can happen on Bitcoin.
Negative news had been reigning the past many weeks until there came an assurance that split is not anymore a big possibility which resulted into Bitcoin soaring like a freed eagle into the open. The negative news gave way to a more vibrant and forward-looking market. Now, buyers and investors are back into the action.
Negative people (that is for now) have to be silent as they maybe "enjoying" eating their own words!
These people are every where nothing new in this, if you will be positive good things will happen with you and yes it's funny they are not seen any more out here, I guess they are yet mourning the loss or yet in shock of what just happened, I was super postive nothing would happen except price hike only and that's what just happened it's but obvious and those fools could not see, cause they were consumed by negativity. |
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One of the most important feature of cryptocurrencies is privacy, if done right it's very hard to find the person behind an address, which sadly attracts criminals to crypto. Now, bet fraud is when a person who can directly influence the outcome of some event bets on it, and the privacy features of cryptocurrencies are making it easier. A sportsman can place a huge bet against himself and than just throw the match and take a huge amount of money, and it would be impossible to spot this because betting was done anonymously via cryptocurrencies. Sometimes it's easy to spot that the player is intentionally throwing, in other cases it's almost impossible to tell, also huge bets on weak picks might raise suspicions, but if done right, it might be very hard to spot the fraud.
Do you know any stories about bet frauds committed with cryptocurrencies?
Is there any way to prevent or investigate it?
This is normal happens in Fiat also, there is nothing new in it, linking it with cyrupto is not nice, yes your concerns are valid that it could happen and yes you can't trace a account holder but I don't feel it's right to point fingers at crypto. So far I have not heard any cytpto fraud happening, and let's say it was happening it would be very difficult to find it, there is no paper trail and it's best left alone, cause there is no way to find this, I mean there is no technology for this. |
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Hi
how about if all currencies will be known worldwide or if it will be acknowledged in all countries even coming to become the currencies of the world, what will happen to the value of each currencies, or better yet what will be the impact. Are banks will be their first enemy?
Gracias!
Why do you put two different questions first you question about the government then you question about the bank. Understand that government can't control it, they can only legalize it and charge tax over it and get rich, banks are adopting the technology and not the coin which is really stupid, but sooner or later they to will adopt the coins don't you worry. In case government requires you to declare coins do it as simple as that, don't hide it then, if they term it illegal sell it to someone who can buy and accept Fiat as simple as that. |
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This world cup is said to be even more important than the male cricket world cup for India and they said that if India wins, it will considered bigger than the 2011 win and it's really true. With little motivation, the women's team manage to play the world cup and now have reached the finals after defeating Australia who everyone considered to be the strongest team. Hopefully they play well with England and don't feel demotivated as the other team is getting more encouragement. The odds on Indian gambling sites are 1.48 for England and 2.45 for India.
I think this is the second time Indian Women's team has reached the final and if they could lift the tournament it would be huge for the Women's division as all the attention is given to mens team,India does have a strong and if they execute really well then they could defeat England in their home turf. The biggest advantage that India has is that they have already beaten england on their home turf in this worl cup. Now they just have to do it in thehigh pressure situation of a world cup final.  A Sunday and another cricket final, last time it was men India vs Pakistan, first they beat Pakistan and then lost in final, look at the scenario, India defeated England and now are facing them back in finals. Would it be a repeat or will the Indian team perform better than their country men, (no offense to the Indian players) I always have a habit of doing multiple calculations to make a profit, though England have home advantage, team India has some serious players I feel it's advantage India as England will be under pressure. |
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South Korea has officially legalized international Bitcoin transfers and is on the verge of providing a regulatory framework for Bitcoin trading platforms and exchanges.
On July 3, Representative Park Yong-jin of the ruling Democratic Party of Korea revealed that the South Korean government is ready to regulate the Bitcoin market. According to Rep. Park, he submitted three revisions to build a set of regulatory frameworks for Bitcoin users and businesses to further facilitate the growth of the South Korean bitcoin market and industry.
One of the revisions Rep. Park proposed to the financial regulators of South Korea requested Bitcoin businesses and trading platforms to retain capital of at least $436,000 and data processing facilities for Know Your Customer (KYC) and Anti-Money Laundering (AML) purposes.
Son ji-hyoung of the Korea Herald stated:
“Under the bill that aims to revise the Electronic Financial Transactions Act, traders, brokers, or other business entities involved in cryptocurrency transactions would be required to get regulatory approval from the Financial Services Commission. The requirements include the retention of capital of at least 500 million won ($436,300) and data processing facilities.”
Since then, the South Korean government has introduced several regulatory frameworks for the Bitcoin industry. Although the South Korean Bitcoin industry has not been fully regulated as of yet, the South Korean government officially legalized Bitcoin service providers to facilitate payments, transfers and trades.
Local publications including the Korea Herald reported that the newly revised South Korean Foreign Exchange Transactions Act has started to allow fintech companies and Bitcoin service providers to be approved by the Financial Supervisory Service (FSS), the financial regulator of South korea.
Like the Philippines, South Korea has officially legalized Bitcoin as a remittance method, allowing fintech companies to process up to $20,000 worth of South Korean won in bitcoin for users.
On February 12, Cointelegraph reported that the central bank of the Philippines officially legalized Bitcoin as a remittance method and as a result, Bitcoin industry in the Philippines experienced a surge in growth. Leading companies including Coins and Satoshi Citadel Industries raised tens of millions of dollars in funding and recording hundreds of thousands of new users. The central bank of the Philippines said:
“The Bangko Sentral does not intend to endorse any VC, such as Bitcoin, as a currency since it is neither issued or guaranteed by a central bank nor backed by any commodity. Rather, the BSP aims to regulate VCs when used for delivery of financial services, particularly, for payments and remittances, which have a material impact on anti-money laundering (AML) and combating the financing of terrorism (CFT), consumer protection and financial stability.”
When the South Korean government fully regulates the Bitcoin market and industry in the near future and further legalizes Bitcoin as a digital currency on top of a remittance method like Japan, trading volumes of the South Korean Bitcoin exchange market will likely record an exponential growth rate.
Already, according to market data sources, the South Korean Bitcoin exchange market processes over 14 percent of global Bitcoin trades, the third largest market behind the US and Japan.
Well as and when such news come out there are two reactions I feel, the good one a huge market has opened up, the price is going to get a shot in the arm, more the better than I give a sigh and say at what cost, this market will be regulated, they will be controlled and who knows what kind of restrictions and conditions may be applied on them, though this is a initial stage, it will be important to sew how it it goes from here. |
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Maybe I'm fantasizing but haven't markets priced in Aug 1 already?
Will we have to wait until the very day to know whether soft or hard fork or whatever?
Or can you pick up signs that the solution is decided already while cryptos are behaving like a tempest in a teapot?
What do you want to know about August 1st the event is all but over, support has been locked now nothing is going to happen on that day, so if you have coins keep them locked for year end and sell them at a huge price, if you plan to buy coins thinking it will fall, it won't there is only one Road for Bitcoins now and that is upwards and upwards, as for whether the price has been considered maybe but you never know how high it may go in that day or post that day |
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I'm excited when that day comes. Any opinions for that?
Not really sure what are you waiting for, maybe you did not look at the price or the news, the August 1st scaling drama is over, the price is just going to shoot up and up, already shot up 1000$ in one week alone and 3k is coming very soon. It's only upwards and upwards for Bitcoins, now it's getting into one of the best bull run ever, people buckle up we are going Mars to Jupiter. Op if you have brought coins sit tight and see them grow. |
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Bitcoin’s uptake with popular and leading online retailers has been slow, but since its rapid surge in value and interest recently, it has regressed. Fewer, rather than more, retailers are accepting Bitcoin as a form of payment.
Last year five retailers in the world’s top 500 biggest online stores were accepting Bitcoin according to the publication Internet Retailer, now, however, it has emerged that the figure is down to just three.
Where is the growth?
It is a perplexing discrepancy in the growth of Bitcoin to its acceptance by online merchants, as noted by Morgan Stanley payments analyst James Faucette. He believes that Bitcoin's growth in value is actually a contributing factor to its decline as a functional currency.
Faucette said:
"Bitcoin owners are reluctant to use the cryptocurrency given its rate of appreciation, more evidence that Bitcoin is more asset than currency. Way easier to trade speculatively than convince new merchants to accept the cryptocurrency."
Thus, the fact that people are far happier to hold onto their Bitcoins as an asset rather than a functioning currency means that there is little pressure on retailers to adopt it as another form of payment.
Slow and expensive
On top of this Bitcoin is facing a number of issues that are making it difficult to use in the context of everyday shopping. The scaling debate continues to rage as it became evident that Bitcoin stuttered when too many transactions were pushed through its Blockchain.
Slower, more costly, transactions are issues that would be hurting the retailer far more than the customer. Transaction prices hovering around $5 will have a huge impact on the retailer who has to bear the expenses.
Pricing out
When these fees hit such high levels, they essentially cut out a huge portion of the retail market as it becomes nonsensical to use Bitcoin for smaller, less expensive transactions.
Atlantic Financial founder and a board member at the Bitcoin Foundation Bruce Fenton said in an interview that things like sandwiches and coffees are not viable markets for Bitcoin to operate in because the fee can be more than the cost of the item.
Fenton notes:
"There’s a problem with the fees being so high - it does price out certain things. There are some micro transaction use cases - a cup of coffee is the big analogy everybody uses - that are being sort of priced out just because Bitcoin is going up so much."
Still some success stories
It is not all doom and gloom in the world of retail and Bitcoin though. In Japan, the adoption into brick and mortar stores is on the rise. Recruitment Lifestyle, a retail giant, has implemented a Point of Sale app that is Bitcoin-ready for 260,000 of its stores. Even its popular electronics market place, Akihabara, is on a huge Bitcoin adoption drive.
In the United States, champion of Bitcoin in retail, Overstock.com has said that since it started accepting the digital currency in 2014, it has seen triple the transactions coming through its online doors.
There nothing really surprising or shocking, this was bound to happen a long while back, many had silently started accepting it, while others waited and lost on a big customers, it was after Japan accepted Bitcoins and the price surge did this fools wake up, the community had been shouting for this long while back and many big chains are accepting this, so over all I must say good times for Bitcoins. |
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i saw a topic the other day (not here) asking about a way to send money from another country to where i live. the easiest, most secure and cheapest way possible. the amount was about 20,000 £ so naturally as a bitcoin user the first thing that came to my mind was bitcoin. it is the easiest, it is super fast, and it is 100% safe if you follow a couple of safety measures, and it is super cheap! but i didn't suggest it because of one problem: i already have bitcoin so if i want to send money i just go to my wallet and click send but for someone new, he has to go to an exchange sign up, deposit (pay fees), buy (pay fees) then send and the other person on the other end has to do the same or find someone to sell bitcoin p2p and that usually is under market price. i guess my question is, is bitcoin really a good option here and what can be done to make this process easier and better ("in general" not just in this particular case)? You have not clarified what is this 20000 money for? Is it for a legal service you provide or have you received a mail saying you won money give us the address? If it's not legal saying you cannot show it in your tax filings then opt for Bitcoins, he can easily buy it from the members of this forum, so say he lives in x country you in y, he comes here finds a reputed member of x country buys coins and puts addresses as yours, then he can find a way to pay his country member through Fiat or bank, as simple as it gets. |
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Hey folks! I just wonder, what is with Bitcoin that until now it is still in it's peak and still unbeatable. Has not any one ever invented a new/other currency that matches the value of bitcoin? And if there would be What should it take for a new currency for instance to match the value level of bitcoin? Has anyone here ever thought that a new currency more superior than bitcoin could come out one day and bitcoin value would decrease or fall?
Which world do you live in? Cause multiple currencies have come and gone but none are like Bitcoins, they are simply the best. Look at one coin gone scam coin, then ethereum was said to undermine Bitcoins what happened, these are alts for a matter and that's why they never succeed, Bitcoin is superior all thanks to satoshi's vision and people have hopelessly tried to copy it but they have failed and that's what going to happen, my suggestion just stick to Bitcoins you will be safe for goodm |
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Hi,
TOPIC:
I need a name for a 8 pool (billiard ) game based on bitcoin.
The first suggestion that i like will get a 25$ prize reward,.
TIME FRAME:
The contest ends on 25.07.2017 (23.59.59 GMT+2)
Bitinthehole Masters Bit 8Ball Crypto Masters 8Ball Play 8bit balls. Ballbits 8Bits Billybitmoney Chester Bennington’s Bit billiards in respect of late legend. Jon Snow crypto fell Game of Crypto/Bit Balls Crypto Billiards Bits in the hole Westeros Crypto Billiards (catchy and GOT fans will. Promote it for you) Cannon Bit Billiards Destroyer Bit billiards Eagle Crypto/Bit eyes you can add billiards or. Leave it alone Prime Crypto Billiards. No1 Cryto Billiards Hurricane Cryto Billiards Father of Crypto Billiards Storm Crypto Billiards Old wise Crypto Billiards Trump Crypto Billiards (who knows the president may tweet about it) Knights Crypto Billiards The Crypto ball Throne Crypto 8ballzillah |
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Earlier this week, miners began to signal for Bitcoin Improvement Proposal BIP 91, a kludge between the original Segregated Witness (SegWit) proposal and the Digital Currency Group-led SegWit2x, also known as the Silbert accord.
Despite its short timeline that may cause difficulties for developers resulting from technical instability, BIP 91 was the last chance for miners and the Bitcoin community to avoid a network split, which would have led to the creation of two Bitcoin Blockchains or Bitcoins. Source
As we are getting a clearer picture of what can happen on and after August 1, people have already voted their confidence on Bitcoin by buying back the coin into their portfolios once again. I think we are having some sort of a revenge here and this prompted many to predict that soon Bitcoin can surpass the psychological level of $3,000. Can it be this week or next week? Anyway, it is not really that important...the most important thing is that soon we can be out of the woods and soon Bitcoin can be back soaring and roaring like a lion who is out of his cage. It is time for a little Bitcoin party (though we still have to be very cautious here!). The dump is over, the pump is here all people crying for the dump are mourning while those who expected the pump are rejoicing, yes it's may well touch 3000$,but as we can see 2675 and them 2705 it's playing up and down 3k looks realistic and, 4k by year end I feel, if all good happens let's hope it may cross 4.5 at first Jan let the party begin. |
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Why use Bitcoins ?
I keep seeing threads on “why don't people” ? The real question to me is Why would they ?
-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.
I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.
I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.
I can understand that you are frustrated because of the fees till that point all was fine with you wasn't it. The average consumer is smart and that's why they go for Bitcoins. Say you have 100$ a week back both in Fiat and Bitcoins, today your Fiat would yet be 100$ and Bitcoins would have gained 50 - 80$ and less the fees when you transact that's almost double so why wouldn't they I'f they don't I consider them dumb period. |
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