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881  Bitcoin / Wallet software / Re: Mycelium or Electrum? Best bitcoin wallet on: March 25, 2018, 07:53:39 PM
Both are good wallets but my choice would be Mycelium. It suits me better and it's more convenient because it's mobile wallet, security features are good.
Electrum had recently some security breaches and issues but that doesn't have to be deciding factor.

Both mycelium and Electrum are best wallets to use.  Mycelium supports only smartphone while Electrum supports desktop. Both are using private keys. I supports Electrum is supports 2 factor  authentication with low transaction fees and with high security. It uses Segwit address for transaction. It had clean user interface tools.
882  Bitcoin / Legal / Re: will all the countries make cryptocurrency legal? on: March 25, 2018, 07:44:06 PM
I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

No all the countries will not make bitcoin legal. Because they are afraid of cryptocurrency. Once crypto enters in to the country it will affect local fiat's. The main reason countries will not accept bitcoin due to this reason. But once it accept bitcoin it will leads the countries growth.
883  Other / Meta / Re: Full Member thanks to the Merit system. on: March 25, 2018, 04:21:08 PM
Though there are struggles in getting merits by members, it’s good that you ranked up with merits and shown a positive path to the rest. Yes, though it takes time to get merit, it’s satisfying when a quality post is made from one's end. The work fulfills the day you work. Just keep contributing more to the forum and to the crypto community. Let’s take this merit system positive accepting why it was implemented. To say the fact, its seriously a good move from the moderators to fill the sections with accurate and needed information which is really contributed from us via quality posts. Let’s keep moving positive.
884  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: How to keep yourself protected from crypto scams on: March 25, 2018, 03:36:41 PM
Really good article that I think people, especially young and new investors should read up on.
https://medium.com/@gerard_blueteam/how-to-keep-yourself-protected-from-crypto-scams-e44aa0576940

Good article though. I have an experience in being cheated by a scam. I am sure everyone might be aware of the guy who came in December 2018 with a campaign "C". A very bad experience. Thanks god that none invested in. We were asked to invest minimum $50 in 'C'. Address was provided. Everyone was disappointed on X-Mas and on New Year eve. Thanks god he did not prolong it with his lovely tricky words. Though we are aware of scams and share experience how to identify a scam, we still get caught. Need to be so pro-active.
885  Bitcoin / Press / [2018-03-25] Quebec Pushes Hydropower Utility to Halt New Bitcoin Mines on: March 25, 2018, 02:41:16 PM
The Canadian province of Quebec has temporarily put a halt to the development of new cryptocurrency mining operations.

The region - known for its cheap hydropower - has been an attractive destination for cryptocurrency miners looking to expand their businesses. Yet on Friday, Canadian newspaper Les Affaires reported that operators tied to utility firm Hydro-Quebec are turning down new clients, in part due to the demands placed on the hydroelectric dam by existing operations.

Quebec's Minister of Energy and Natural Resources, Pierre Moreau, said cryptocurrency mines require a lot of energy, but only generate a small number of jobs when compared to other factories, such as those which refine aluminum.

https://www.coindesk.com/hydro-quebec-suspends-new-mining-operations/

What really makes a firm to turn back when its benefiting them?
886  Bitcoin / Press / [2018-03-20] $9K Ahead? Bitcoin Looks North After Bull Breakout on: March 20, 2018, 11:41:33 PM

Bitcoin (BTC) looks set to extend its two-day winning streak and could soon test the $9,000 mark, technical analysis suggests.

Over the last two days, bitcoin has retraced close to 30 percent of the recent drop from $11,660 (March 5 high) to $7,335 (March 18 high). Further, the cryptocurrency also witnessed an upside break of the key descending trendline yesterday. So, it appears the world's largest cryptocurrency by market capitalization has bottomed out for the short-term.

However, despite the bull flag breakout, the cryptocurrency has been restricted to a narrow range of $8,200-$8,700 for the better part of the last 20 hours.

https://www.coindesk.com/9k-ahead-bitcoin-looks-north-after-bull-breakout/

Hope to have such growth though its not too high. Your expectation?
887  Economy / Speculation / Re: BTC to Crash further till 1000$? on: March 20, 2018, 11:27:59 PM
It's crashing real hard. Dropped 40% in a week! Maybe another 40% drop in this weekend! It's seems like it is falling down the hill. What do you think?

Yah it has dropped, but compared to January 2017, we are far better ahead of 900 percent. So no worries. Utilyse this situation to buy as many coins as you can. Better invest in the cheaper rated coins and few costly coins which promises of huge return in short while. We expect minium of $25K to $30K this year end. Lets wait and see this year's growth ratio.
888  Economy / Economics / Re: Bitcoin will have a price of $50000 on: March 20, 2018, 11:17:23 PM
Based on the news, bitcoin might hit $50000 by the end of 2018. Is this possible? If so, what are the reasons?

There are chances compared to last year's growth ratio. We had around 2100 percentage hike in December compared to January 2017. The price in January 2018 was at $9000. Just multiply it 21 times or at least 7 times. 7*9=63. So We can minimum expect $50 to $63k this December. The growth may start from July. Last 24 hours growth is positive. Lets watch.
889  Bitcoin / Press / [2018-03-20] - 26 Mln Americans Own-And 8 Percent Plan To Buy - Cryptocurrencies on: March 20, 2018, 09:13:35 PM
A recent study on Americans and cryptocurrencies, commissioned by Finder.com in February, shows that 8 percent, or around 26 mln, of Americans have purchased cryptocurrency.

Finder’s survey was answered by 2,001 Americans adults using Pureprofile, a site that gives cash rewards to users that participate in its surveys.

The survey found that out of the 92.05 percent of Americans that have not purchased crypto, almost 8 percent reported that they are planning on doing so in the future. According to the survey, men are more than double as likely as women to own cryptocurrency -- 11.86 percent of all men to 4.27 percent of all women -- as well as more likely to own more crypto in terms of dollar value.

Cryptocurrencies are disproportionately owned more by millenials as opposed to baby boomers--17.2 percent of millenials and 2.24 percent of baby boomers reported having crypto holdings.

https://cointelegraph.com/news/new-survey-shows-around-26-mln-americans-own-and-8-percent-plan-to-buy-cryptocurrencies

How it would be if 90% citizens from all over the country hold crypto currencies?
890  Economy / Services / Re: My sMerit to good posts. Jr.Member up to Sr.Member are welcome on: March 20, 2018, 07:08:56 AM
Hi example, would be Happy to receive a merit.  Kindly check through my post history when you have time.  Thank you in advance.
891  Bitcoin / Legal / Re: Are You Afraid of KYC? on: March 19, 2018, 11:45:43 PM


I can see that soon almost exchanges and even ICO programs will be requiring us to do the KYC procedures where we are required to pass copies of our legal documents before we are granted entrance or the use of the services or programs we are interested with. This can be as common as having a password or 2FA.

Now, personally I have no big problem with it though just like anybody else am also concerned that my personal information can be divulged to anybody or a group that might use it for any illegal purpose. This is one risk we are facing once we are actively living in the online world. Evil people who can be thousands of miles away can now be just one click away.

What are your apprehensions about the KYC procedures that will soon be as popular as noodles?

Though there are legit ICOs requiring for KYC and we forwarded the documents, there are scam ICOs as well. They intentionally open up an ICO project and come up enquiring for the documents in the name of KYC. Need to be more pro-active. Take time in analyzing if they are legit or scam. Their projects, team members details, investments and etc would determine who is legit and who is not.
892  Economy / Speculation / Re: Bitcoin will never reach 20,000 again on: March 19, 2018, 11:37:45 PM
Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth.  The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...


Just refer the data in CMC. In 2January 2017 the value was around $1000 and reached $21000 in December 2017. Now check the price in January 2018. It was at around $9500 to $9000. Compare the value of January. We are at a good stage at the beginning of 2018. I am sure the price would hit minimum of $30K by end of December. It may go more than that. Lets see.
893  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH next to BTC? on: March 19, 2018, 11:27:12 PM
I just created this thread to gather opinions ..
Ethereum is next to BTC?

There are chances for it. We have news on ETH stating that Ether would gain threefold value by end of December 2018 with the support of its small contracts. They are working on forming small contracts which would in turn increase the value of Ether. Need to wait and see what happens. But we do have other competitors like; Maker, Bitcoincash, Dash, Neo, Monero and Zcash. Lets see what happens.
894  Other / Meta / Re: how you guys think about MERIT ? on: March 19, 2018, 11:14:22 PM
How you guys thinks about MERIT? good? or?
any opinion ?

I personally welcome it. I don't know how others would feel. Though it takes time for me to get merits, I am satisfied with the way I post and the quality I give to my posts. I do refer data, sites and other stuffs before posting new thread bit questionnaire . I have changed the way I post. I skipped getting into the sections with Discussions as these said to be spam areas though there are valuable threads.
895  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 2000$ to invest on: March 19, 2018, 10:36:10 PM
can suggest 2 or 3 coin with good potential and team . no ico .

I have listed down the top most coins which would in turn fill you wallet with huge profits if you invest in them.

NEM
LTC
NEO
ETH
BTC
IDH
DEHEDGE
JNT

Get into CMS and find out the ratio of each coin. Few listed above are new ICOs. Cheers...
896  Economy / Economics / Re: How many people in the world know about bitcoin? on: March 19, 2018, 09:56:27 PM
i'm just curious if how many percentage of all the people on earth know about Bitcoin. in my country i think only 10% knows about it. post your opinion guys.

Day by day its increasing. Every year we could see a large crowd pitching into crypto either to invest or to earn from this community. As there are lots of doors opened to earn and benefit one self, more and more are moving towards crypto, it include governments as well. Countries started adapting bitcoin and launching its own new coins as well which will certainly increase the wealth of the respective nations.
897  Bitcoin / Press / [2018-03-19] Morgan Stanley: Bitcoin’s Price Story Is ‘Nasdaq 15 Times Faster’ on: March 19, 2018, 08:47:43 PM
https://cointelegraph.com/news/morgan-stanley-bitcoins-price-story-is-nasdaq-15-times-faster

Bitcoin prices are behaving in a “surprisingly similar” way to the Nasdaq in 2000, Morgan Stanley told its clients in a note March 19.

According to Sheena Shah, an analyst at the financial services giant, research suggests Bitcoin’s rise and fall closely mimics the Nasdaq —but events are unfolding at “around fifteen times the speed.”

“The Nasdaq's bear market from 2000 had five price declines, averaging a surprisingly similar amount of 44 percent,” Shah said, quoted by CNBC.

The comparison is the latest attempt in mainstream finance to explain Bitcoin’s current price behavior in the time since the largest cryptocurrency hit $20,000 in December 2017, only to decline up to 70% two months later.

How do you look at this?
898  Bitcoin / Legal / Re: Why Banks are attacking Bitcoin ? on: March 19, 2018, 07:47:48 PM
Day by day we are getting news like , this country reject bitcoin that country accept Bitcoin. Technically it stands a contrast perspective with the Central Bank and the economy of the country. But as I love BITCOIN , I pray Every single country will accept BITCOIN one day.

No Liabilities or debt with BITCOIN:

Bitcoin is a conveyor machine, meaning that there are no liabilities or debts associated with it. You can't get loan from it , or you can't get profit through interest.  If you hold it, it’s yours. And as such, there can be no run on a “bitcoin bank.” It's Independent.

Bitcoin is considered as Fiat Currency :
Of course you can assume,  holding bitcoin superior in many ways to holding fiat currency in a deposit account. Here Fiat currency are those which can not be backed by commodities . It has all the benefits without the risk of capital controls. Because of this, the growth of bitcoin is sucking value out of national currencies. The higher capital will rise the higher value it will get.

The Capital is really HUGE
I think there is now more than $70B worth of bitcoin sitting in bitcoin wallets.One thing to consider here , the asset is not under any management. So we can call it AUP (Asset Under Management ) , but we can call it Assets Under Protection (AUP). And here is where the risk to traditional banking resides. What does a world look like when a simple bitcoin wallet is indirectly protecting as much money as big giant companies , organizations like  Bank of America or Fargo etc.

Wallet Becomes Bank
At that point that wallet becomes a bank, Haha , a newer form of bank with decentralized function, with different rules, operations, and monetization policy.

The Last Reason-  PEOPLES LOVE BITCOIN
The real reason that banks should worry about People loves BITCOIN. People always love easy process, better stability and full control. All things are available in this case. Bitcoin actually threatens the bedrock policy  and business model of Banks. That's why Banks are attacking Bitcoin.

I am trying to write good article and trying to research more to build good article. Really dreaming to get first MERIT. Thanks you guys. (Forgive me for any mistake)
Cheesy Cheesy Cheesy

I would better word as competition between fiat currency and crypto currency. Banks are on fiats. Though local fiats are the main source for every government, crypto has shown its strength in last few years in the market that they can lead the country with more wealth then the local fiats. Yes it does. Crypto has given a wealthy lives to its users and the government who accepted it. As crypto currency is mainly looked at now by the investors, fiats and banks are against it attacking its growth by many means.
899  Other / Meta / Re: [Suggestion] Restricting accounts below "Member" from creating new threads on: March 18, 2018, 09:10:05 PM
Hi everyone.

I know it might not sound a really good idea, or may no one agree with me, but I think it can (at least to some extent) reduce the spam threads popping up every day in every section/board of the forum.

We all know, of course because we see it all the time, that every new and useless thread carrying a thought/question that makes no sense at all is created by someone within the ranks of Brand New and Jr. member. Such threads give other people around them a chance to start spamming it with their useless replies. Thus, a thread started with a baseless argument ends up receiving over 100 pages of shit. And we are not talking about just one, but they are in hundreds, increasing everyday with a quite good pace. The users get tired of reporting, and the mods get tired of deleting them. So why not stop this all at once?

So, the basic idea that I propose to stop all this, is to restrict accounts below "Member" rank from creating new threads in most of the sections/boards, excluding a few like "Beginners & Help" or some other where they can freely post anything they wish as these boards are made specially for noobs and to help them. Doing so will absolutely reduce a very large number of useless threads started in almost every single thread of this forum.
It can obviously be implemented with changes, but I just wanted to propose the basic idea.

Suggestions/arguments are welcome.

I do accept. But at times members do create a valuable threads. The threads can be reviewed before its published. But as you say, 70 to 90 percent of threads are created in 'Discussion' sections by member and blow rank holders. Lets not restrict anyone here. Lets be different in crypto The therads can be over looked.
900  Economy / Speculation / Re: Why Bitcoin Price Going Down? on: March 18, 2018, 08:03:58 PM
Its a normal process let it happen. And there should be no panic. I can'treally say what caused it probably a lot of people are panicing and selling off which is whatbis affecting the market. In this period, I will personally advice people to buy more if they have the money and HODL on to their coins.when next the price Pumps, it will steadily move to the predicted price.

It's crypto's nature. The reasons behind this dump are,  Dt.Gox is selling out tons of bitcoins and thi5s is the reason  behind such drop.  Once this is over there is a chance for slight growth in bitcoin value along with other crypto currencies. By June mid or July beginning the value would  boom.
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