I'm not much of a gambler myself, but when I gamble I play poker. Poker can be very profitable, but it is very time consuming as well. Betting and casinos,  are not my type. so, what's your opinion on what could be more profitable?

Sweden Begins Planning Transition From Cash To Digital Currency



http://www.zerohedge.com/news/2016-11-17/sweden-begins-planning-transition-cash-digital-currency

As I predicted, as countries move from cash to crypto :

1) It will not be bitcoin
2) It will be state controlled
3) No interest paid
4) Every transaction you make will be fully trackable

5) When implemented a bitcoin ban in that country will soon follow **we will have to wait and see on this prediction **

A government and bankers wet dream - full control over all your wealth, good luck in future banker bailouts.

Remember all those bank runs in Greece and Cyprus when people got wind of the hair cut that was coming, what are you going to do when cash no longer exists to withdraw and they impose a minimal spending limit on your account.

Alot of people find Forex risky as opposed to bitcoin.

Created a thread to see why people think money cannot be made on forex when traders are making thousands daily on forex.

Bitcoin is great to but it's more of a investment than a trade.

I am selling my goods into various buyers. Yet, some buyers do not pay once they received the goods. So what is the best do you think should I do in making transaction. I don't want to lose costumers but I don't want to lose my money too.

So just curious.  I know its almost impossible to tell how many people are actually using Bitcoin in the entire world. Maybe this might be a forum moderator question as well I suppose.  Are new people actively joining this Forum?  Are new people actually coming on to Bitcoin.  I have talked with several of my friends about it and had a couple of them even bite for a bit, but they quickly forget about it and they move on.  I guess I am just curious if Bitcoin trend is growing still or if it is more stable, or at a standstill.

Thoughts?

Following last week's ban on the highest notes in India, interest in Btc has literally skyrocketed, reaching new ATH.

Satoshi for me looks like Banksy, an artist that don't show your face and maybe this increase their art "value", so Satoshi can be here working with other alias... so let's go to the question:

What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?

i heard many Cryptocurrency but why people mostly use bitcoin?

For a long time I have been reading that it's China who controls the Bitcoins market. 60-80% of sellers on eBay are from China. So my question is why don't they accept payments in Bitcoin and why they insist on the paypal only? Shouldn't they be changing according to times? Or they can't change due to regulations?

I know that if just 1 people do it, it won't possible because the miner will check the transaction.
But how if everyone tries to do it, I mean like how if they add all of the Bitcoin address a 1 Bitcoin. Would the miner think that those are valid transactions because all the ledger have those transactions in it?

I was wondering how'd you discover or know about bitcoin? Did someone refer you? Did someone show you what you did? Through the news? Share something here. 

Bitcoin has not just brought us a decentralized P2P payment system or a alternative for the banks. It woke the Giants in the Fintech world. Before Bitcoin, clients at banks were treated as the scum of the earth, even more so, when you are middle class or poor.

Bitcoin came in and they threatened to disrupt the Banking and Remittance services. What happen? These financial services realized that they will lose money, and they suddenly dumped Billions of dollars into Blockchain based technologies and also user-friendly banking services with 24 hour access via Social media platforms like Facebook Messenger and WeChat and some of their own in-house apps.  

We have not seen this level of attention given to clients for many years. Why, because the Giants were comfortable with their foot on our neck. They had the monopoly, backed by governments.

We should support Bitcoin to keep these Giants on their toes. If Bitcoin fails, these Giants will go back to sleep and we will be stuck with high fees and poor service.

Can a foreigner buy a house in USA with bitcoins?

I am aware of that the foreigners can buy a house from USA and there isn't any restrictions. But how about bitcoins?

I know if the seller accepts it there won't be a problem but how about the government? Are they ok with that?

Normally, FED controls/monitors every USD transaction all around the world and they check if the money is clean (legally obtained) or dirty (terrorism, tax evasion, drug dealing etc) . Especially if you send the money to USA. Since they won't be able to control bitcoin transactions, how would they know if you are a drug dealer or a legal citizen in your country? Or do they  even care?

http://www.coindesk.com/will-bitcoin-have-its-moment-in-the-trump-era/

The propaganda in the above article includes:

- Suggestion that we use cryptocurrency as world reserve currency, but then does a bait and switch and says, oh but not Bitcoin (likely a federated chain run by the state or central bankers) HAHA

- Mentions the Federal Reserve not only in a positive light, but that they should have dictatorial power over the monetary system to operate a debt based scam currency and anyone who opposes them is bad or unreasonable

- Mentions the IMF and World bank in a positive manner when they're just malevolent institutions like the fed

- Writer dismisses metals as useful (gold/silver).  Bankers despise serfs using metals because gold and silver circulated in native form as coins are the only known sound monetary systems.  Gold "backed" currency is useless because it's essentialy the same thing as fiat in practice.  

- Affiliation with MIT (where chain anchor came from to turn Bitcoin into a permissioned ledger run by the state)

- Writer is against letting nations control their borders.  Another red flag.  Bankers and shills like Soros are trying to flood every 1st world nation with 3rd world immigrants because only a homogenous population like Iceland can unite to throw the bankers out.  If you flood a nation with 3-4 warring factions, it's a divide and conquer strategy to keep them enslaved.

- Writer is against people who want to withdraw from globalization and forced entanglements, which the US founding fathers explicity warned against.  Calls anyone that doesn't want to have endless wars for foreign entities "isolationist"

- Writer pulls the race card when anyone that has a basic understanding of sociology knows multicultural civilizations are far more likely to collapse than homogenous ones like Japan or China.  Trying to force "diversity" onto civilizations is always a divide and conquer strategy for someone else's benefit (usually the central bankers to weaken the cohesion of society to prevent being overthrown)

- Demonizes Russia for no reason (we all know the real reason - threw out Soros and refused to bow down to the bankers)

- So, in summary, Coindesk puts out propaganda directly from Federal Reserve central banking shills now.

- Also, never trust anyone as far as you can throw them that claims Cryptocurency is a superior store of value to metals.  Cryptocurrency has uses, but it will never be a superior store of value.  You need to destroy the entire planet to black swan metals, while cryptocurrency is much easier to hijack or destroy.  Metals will always be the base of Exter's pyramid and there is no possible way for cryptocurrency to replace it.  The price of Bitcoin can still go up like 100x, but if the market cap of metals is not larger than crypto, you're in an irrational market and things are going to implode.

is it possible that bitcoin will be accepted in local stores, shops etc. since transactions are to slow and customers have to wait until their transactions are verified. And nobody wants to wait.
 Can transactions be seeded up to save customers time or any other way to use bitcoin  at local stores.

yeah bitcoin really very good investment for now because bitcoin price is very stable and good to buy and there is a huge number of people are going to increase its price too much faster in the near future and i hope we will be get a good profit from bitcoin .

I've been telling people around the forum for many months already that the Chinese miners have over 90% of hashing power under their control, but most people were refusing to accept this truth. Given the nature of the political regime in Beijing, it is the Chinese authorities who are essentially controlling Bitcoin mining through the miners, not the miners themselves. Now that Donald Trump, the president-elect of the US, is going to impose hefty tariffs on the Chinese exports, could the Chinese government retaliate with, for example, through exerting their control over Chinese miners? What immediately comes to mind is the rejection of all or most Bitcoin transactions that stem from the US...

So how likely is this, and what are the remedies, if any?

I made a meme with some of the ideas from here.




More here.

Warning for localbitcoins.com right now!

What is happening to me can happen to you as well!

They implemented some stupid new function called Login Guard. I never opted in for it, they just turned it on without asking me what I wanted.

I can login to my account as usual, but then I run into this block:
But the problem is that the e-mails didn´t arrive in my e-mail. Of course I have checked junk mail folder as well. The e-mail provider is countermail.com

Support is not very helpful, they asked me a ton of questions about my account and finally they wanted to confirm a SMS sent to an old phone I no longer have. What, people don´t switch phones any more?

Now, couple of days later, totally erratically it worked again and I could receive the login guard email. Must have lost 20 e-mails before this e-mail arriving. It took me several days and hours of trying to solve the problem through support, and they were not very helpful, actually they closed my last ticket, very impolite.

Impossible to remove the old phone number without confirming an SMS they sent out. They sent out the confirmation SMS to that old phone that I´ve lost long time ago and to remove the phone number I need to confirm a SMS sent to the same number I wanna remove, it´s ridiculous hope they read this and realize their system has become really clonky and defeats its purpose.

Trying to change my e-mail now to another e-mail, yes it worked...

So I recommend you to turn off their stupid login guard that does NOT help you "protect" your account, it will only create problems. Account security, login guard, disable!

We are now experiencing the efficient, fast and amazing convergence of technologies which one way or the other greatly contributing to the rise of the cryptocurrencies and making Bitcoin as the King of the Hill so far.

Looking into the future...what do you think will be the scenario involving Bitcoin twenty years from now? Will Bitcoin be worth more than a million or will it ceased to exist? Or will a new crytocurrency replace the supremacy of Bitcoin...?