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8661  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts on Zcash? on: November 10, 2016, 05:27:09 AM
zcash  it starting  to  cling  up again  as  we  saw  on the  current price  its  0.3  now  from  0.2  btc  lowest  price.  It  shows  that this coin have  potential for  me after the  dump  price  is somehow  stabilizing for  now. I cant conclude  hence  this  coins  is  just starting  up  only. Lets see  on what  would  happen  on  next few  months to come.
8662  Economy / Marketplace / Re: im starting selling my goods here for btc today.. yeah on: November 09, 2016, 03:57:12 PM
im starting selling my goods here for btc today.. i wonder to start accepting btc

You  could  really sell anything  you  want as  long   it has   value . You could eventually  post  into  goods section and  dont forget to  mention on what  kind  of  goods do you have soo that  people would able to  know directly what  you are selling. As  i saw  you are  just a newbie ,  same as  other members do suggest  here  make sure to use escrow  in any transaction  to  prevent scam.
8663  Economy / Trading Discussion / Re: The Best Time to Become a Trader on: November 09, 2016, 03:26:13 PM
The best time to become a trader is when you are financially, emotionally and educationally ready. Trading is not for all people though it is open to all who want to become one. There are certainly risks that is why we have to gain some education first and learn things along the way. To have some kind of a support can be critical on this endeavor. Hope one day I could call myself a trader too. The original post is quite inspiring especially for newbies.

hmm..I think the best time to become a trader is NOW. Always now since the early you started the better. Along the way your emotions is being moulded,also you become knowledgable based on experience and can avoiad any mistakes commited before. Always remember, esperience is the best  teacher. Also, as you trade it build your confidence.
Anytime you can be a trader as trading site is just waiting for you, regardless of your outcome in trading they will make money on the fees. But before you enter in the world of trading, you have to understand that the risk is always their and you can lose your money if you have not proper study to make a right decision.
yes that is a fact that you must have proper study about trading, you must also have good experience and skill about trading an only then you can really make good money in trading and for this reason you should invest a small amount in start, and when you get some experience then you should increase your investment.
You should  really  try  up  only  on small amounts  when  you intend to do trading  because as you trade you  would eventually learn  up thing   about trading  because if  you directly  put  up  huge amounts  without any proper  knowledge  you are just throwing your  money  into  the air  because  trading is not an easy thing to do,  you  might able to gain profits but also  you could  still able  to  lose all.
8664  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: November 09, 2016, 02:45:53 PM
We do not have contract in bitcoin there is no information to trace all the transaction in bitcoin that is why bitcoin can be used in illegal activities and it is depending on the users.
Actually we can see all the transactions going on in the blockchain network. If you do know the bitcoin address of somebody, you can see all of his transactions history from the start. That's the beauty of digital transactions, everything can easily be traced if you know how to and to whom does those address belongs to. It's all about connecting all the available information. On the other hand, it's also easy to mask your identity online.

We can trace anyone that works into dark marketplaces, but the thing is they can use a single adress for each transaction, in fact i do believe they work that way, otherwise they would be easy found, bitcoin its money soo it will be used for legal and ilegal stuffs, no way to prevent those.
I think they would be clever than that. They will make multi address to avoid being found easily and they might use different wallets also from different websites paying with a little amount to avoid being questioned or the need to give information.
If you are  a  pro  scammer  and  a hacker you would  surely do things that  anyone couldnt able to  trace you  up, as you said  they could  able to use  multiple addresses  in able hard to  trace  or  use  coin  mixers ,with these things   you cannot   trace  them easily  thats   why   bitcoin  is  being  used on  illegal activities and  we  cant really stop that.
8665  Economy / Trading Discussion / Re: Want to buy and then sell $30k in BTC on: November 09, 2016, 02:12:52 PM
localbitcoins.com is your best option.
you will be meeting with users selling it for a price though. but sure its one of the safest to be anonymous online still. Its a huge about, seller will be suspicious though.
For $30k, to deal in person you might need more time as you may need more sellers. Some exchanges support dealing in huge volume but requires verification, kraken cex.io and btc-e are few of them.

To avoid many complications (document verification and taxes), I do suggest to deal in person but small amount at a time is the complexity in that.

This is  the best way on which  you would  need to deal  in  person   but  i  would suggest  also that you should  onyl transact on small amounts  and   do  it  simultaneously   onto  different   person for  you  to avoid  such risk  of being   holdup by someone and  stole  money  from you.  Exchanges  would be  good also  but they do have  limit  on  each transactions you could made and  you would need verifications which is  not  anonymous anymore.
8666  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: November 09, 2016, 01:15:58 PM
You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.
In your eyes gambling and trading is the same because of risks you are going to face gambling and trading is the same as well it always cosidered as gambling you will lose money and you will gain profits and it's really profitable when you are going to risk too much money.
That's right it's profitable but only under the condition if you succeed. The amount of money does matter a lot but always put in mind to put what you can afford regardless of the amount, you are the only one who can determine what amount you are comfortable in putting.

If you are  a sensible person  you would definitely  consider these things  because   you are  already aware  on your actions  that  you  should  made, . If  we  value  our  money  we  would  know  how to control  it and  we should really do that. Back to topic , gambling and  trading  do  have  simmilarities  and  thats the risk   of  lossing  money  involve .
8667  Economy / Speculation / Re: I will not Die Untill Bitcoin will reach at Least 50K on: November 09, 2016, 10:34:47 AM
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah I do not think bitcoin can cost as high as it was when the price of the dollar is strong and there is no event or any event in the world, I'm sure the price of bitcoin will not be more than $ 1,000
I do agree with you,  there are  really some  speculation of  bitcoins price which seems  too unrealistic to   consider as  you  mentioned   its not  possible for bitcoin to reach  up as OP speculated  for about  $50k  per coin. Even  if we say that  making  the full adoption of bitcoin  it  wont still reach  up this amount.  If  it really does  reach  this  amount it  would take   centuries for sure , if   bitcoin is  still alive.
8668  Economy / Speculation / Re: Will bitcoin's price rise above $1000 because Trump was elected president? on: November 09, 2016, 08:17:24 AM
As most have speculated that Trump will support bitcoin and may loose the regulation and restrictions regarding bitcoin in America. Obama used to think bitcoin as criminal currency which was completely wrong description and now Trump may start supporting bitcoin which will sure boost the price of bitcoin, we may see $800 by time we see official result and confirmation about Trump being next president. Price have already reacted and reached around $750.  Shocked
I agree on this  one , if  trump would  win  on  the current  presidential elections   and he  intend to  support bitcoin then  for sure we could really expect the bitcoins  price would  boost  up  even  more because adoption would  surely arises and  that's  a good thing   for  bitcoin  but as of now  we still don't  know the results  on which  one  would really win,  I agree with you  bitcoins price Is  now  on  uptrend.
8669  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Sorry to all who buy Zcash at 1btc + on: November 09, 2016, 06:33:42 AM
zcash can recover to 1+btc or drop to 0.01 in no time. With this such low monetary base everything is possible.

just look the polo buy and sell wall, it's clear that someone is pushing down the price for a reason.

I doubt it would recover to 1btc+. I dont know anyone who has said anything positive about this coin. It seems all its been used for is people attempting to short it and failing. Im sure by now there are quite a few bag holders though because the only people making any profit from this will be the founders.
As the supply cranks up the price will get lower and lower.

However, there will definitely be huge pumps in the future, but it is far too early to get in.


When the pump will happen, and is the price of zec after get pumped will more than the first price after get put in the polo? if the big pumped soon will happen and i could not believe will reach over 10 btc again for each btc. and i think this coin are the the worst forever never ever i seen before.
10btc  pump for  zcash  would not happen  anytime soon.  The  thing  makes  these  things  hype  up regarding  to zcash  is the  people   behind it  which  is  the founders  itself.
Doing shorts  with  zcash as  of now  is  not an  ideal thing to  do because  as  you can see  it almost  dump its  price to the  lowest  compared to the  initial price which  rose  up  to 3.3k btc .
8670  Bitcoin / Bitcoin Discussion / Re: [POLL] Would you open a Bitcoin account at your local bank? on: November 08, 2016, 03:35:23 PM
there should be a banner which says (SAY NO TO  CRYPTOCURRENCY BANK) because
-they cant be trust worthy at all ...
-if they take away small amount from each accout and if u dont notice then it will be troublesome..
-bitcoins can be hacked  through bank ..

kudoos Smiley

This  things are possible to happen when our bitcoins  is on the banks because  its easily  for it to be  manipulated and there are  lots of things  you could able to  make reasons  especially when they  tend  to steal small amounts on  each accounts same as you mentioned you wont feel it because of bitcoins  price  volatility. Even they are on the  bank the risk  is still there. So  I  really said  no with this.
8671  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: November 08, 2016, 03:28:26 PM
Bank will never disappear as long as paper $$ still there

You are right  and as we all know  fiat currency  is strong  and been regulated by the government  which  means  it would  really stay still    and  no matter those alternative currencies  would  arise  , fiat  would  be still there  and  no  one could able   to replace  it  from its place.  Banks are storage  for fiat therefore  it would surely stay too.
8672  Economy / Services / Re: $0.20BTC In 30 seconds on: November 08, 2016, 03:17:54 PM
It seems  I  do  already read this  kind  of thread  from another person which  you could able  to earn  0.20$ on 30 seconds   and I assume you would really need  to sign  up on a particular site as  long he confirms  it  you would receive the   bitcoin  but   you would need   to get verified also need an email. Done know  if its legit  but for a newbie account  it would really  be hard  to trust.
8673  Economy / Service Discussion / Re: Tearing my hair out , getting screwed by every BTC site. on: November 08, 2016, 03:02:01 PM
YOure a  hell rich of a guy on which  you could able to  purchase   huge amounts  of bitcoin  one at a time that's  why  you are getting banned   from them. If you want to  make  transaction  you could always   use  p2p  but the risk  of  being  holdup is there  so its better to  buy small amounts  first and get the   trust  of  your seller  if the trust   builds already then that's the  time  buy  on  bulks.
8674  Economy / Speculation / Re: China putting capital controls on BTC! (lol) on: November 08, 2016, 02:31:53 PM
if you know the price is going to 10k or 40k moon OR 100LK MARS ETC
then whether you bought at 300 or 700 mAKES VERY LITTLE DIFFERNCE
in a year or less people will look back and say damn ,i could have bought at 700 but now its $2400 ...fuck my luck lol

We can't just assume the price will reach a certain high price level, and people keep holding their coins till it reaches a price in the higher thousands. Especially when you consider that the far majority of the people here are only looking for short term profits. And even if they do say they are planning to invest for the long term, they end up cashing out at 20-30% profits.

Only an extreme minority will be able to genuinely say that he/she bought around current levels, at the time the price sits at $10,000 for example. Just take the current early adopters as example. Those who bought or minted themselves plenty of coins at the time the value was next to zero, are now in that exact position. However, as I said, it's an extreme minority.
we  can assume hence the price of  bitcoin  is  really  unpredictable lets  just say its too  high  up  now  on $700  but  later  on  it would  definitely rise  up  because  we cant really  stop the adoption of bitcoin and  it would  really continue to grow even more. I agree  with you , people  would really sell off their  coins  when they saw they are already benefited from it like 20-30% on their  investment  that's  why  bitcoins price  is  moving  up and down  because of  active  traders  on  it and  also the  adoption is included.
8675  Economy / Gambling discussion / Re: Worst mistake in gambling on: November 08, 2016, 02:04:42 PM
I have to say i have done alot of mistakes in my gambling so far.The worst mistake i would say will be once i won upto 5 btc in sports betting in cloudbet and i started with approx 0.4 btc only.That was a huge win for me but my mind gone mad and still after than i keep betting with those 5 btc and then i lost all one by one.I was not able to recover from that loss for many days.That was my worst mistake ever i would say.

How did you win 5BTC , was it straight outta 1 bet , parlay or what?
I assume that  he  do parlay because he  mentioned  he  lost  it  one  by  one  which  mean  he didn't made  one  bet directly. Its  very  common for  this   thing to be happened  that all your winning  would be  lost  because   that's  the  main thing would happen  on gambling  if we play for  long runs  because we do tend  to play  even  more even  if we won already  and   we  know  that  luck  isn't there always  on our side.
8676  Economy / Gambling discussion / Re: How Often Do Gamblers Really Win? on: November 08, 2016, 12:45:48 PM
you can't really give any statistics on that because gambling is not limited to only one or two types of games and there is a wide variety of them available that we can only see a very small part of it online with bitcoin gambling sites.

on the other hand, it depends on the game. for example in a dice game gamblers surely have a bigger loss counts than wins because of the house edge. but in other games like sports betting if you know your games you can have a much better statistics hence a much higher win rate percentage.
I agree with you  regarding on  your  statement, theres  no exact statistics  regarding into these  things because  there are  lots  of variety and   types  of gambling   which  we cant really  tally  up  all those   ratio regarding  on  lossers and  winners  but  one  thing  is for sure, there are  lots of  lossers  compare  to winners  and that's the reality  of gambling. Those  who  win are  lucky ones  on that  particular  day.
8677  Economy / Economics / Re: possible government regulations? on: November 08, 2016, 12:06:49 PM
In my opinion i do not like bitcoin to be under by government because i cannot enjoy the small transaction fees and also the posibility to make the price stable to limit the users profits/income.
Don't worry  pal,  it wont  happen anytime soon  that  government would able to  control  bitcoin hence  as we all  know  bitcoin cant be  controlled  by anybody  because  its a  decentralized  digital currency  no matter what they  do they cant  impose  taxes  on it  which  means   these assumptions are  imposibble to happen though, if  its  implemented I think would really takes  time   because  there are  lots of things to  consider first  before this   regulations would  be effective.
8678  Economy / Economics / Re: Passive Income on: November 08, 2016, 10:56:10 AM
I don't have  any  investments  or   things  which  give me passive  income  but  im  really trying  hard to  make  one  but as we all know  its  not an easy thing to  do  because you  would really need  hard work and  money  in able  to attain it. Passive in come means   you earn  profits  without doing anything  which is a really a good thing.
8679  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: November 08, 2016, 09:06:57 AM
BTC to be banned?)) Thats not real - coz its decentralized!
It could   possibly  be  banned   by  government  on their country  by using  of bitcoin  but   it cant  really stop people  on  using  it  because there are  lots  of ways   that you could able to use  it  without  the notice of the  government that's  why  its still useless to ban  bitcoin though ,  I don't  see   anything    for bitcoin to be banned in any way.
Mayber theres some   conflicts regarding  on its anonymity  but   it depends  on  people  on  how   he use it.
8680  Economy / Speculation / Re: Does trump or hillary winning affect the Bitcoin industry? on: November 08, 2016, 07:59:24 AM
With American Elections coming to a end, whoever wins, will Bitcoin world be affected or not? I mean can the price suddenly shoot up or down. Or they put any kind of restraints or start accepting it for local use? Could Bitcoin benefit or will it be at a disadvantage
I could assume  that it would  affect  bitcoins price if   dollar    would  change its way  but I don't  think people  would   switch to  bitcoin when that  thing  happends. Actually we cant really predict the  future  on  what would  really happen though,  as  the  election  is  on  process    we could really see the  next event  when its done and  into  upcoming  months to come.
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