I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me

The widely-publicized Bitfinex heist, which is the second biggest Bitcoin exchange hack after MtGox in 2013, may have a short term negative impact on the way general public perceives the novel technology. However, the Bitcoin blockchain - the backbone of the digital currency - was never compromised and the network continues to function without a hitch. The same could not be said for the world’s financial system!

Full article: http://razorsforex.blogspot.com/2016/08/the-impending-global-negative-interest.html

http://www.marketwatch.com/story/soros-nearly-doubles-down-bearish-bet-against-sp-500-2016-08-16

Looks like he is doubling his short position betting for basically another collapse. Time to stock up on BTC.

Okcoin, the biggest Bitcoin exchanger(aprox 80% from market) has been found guilty of unlicensed money transmitter(similar license for China) and other illegalities.

http://8btc.com/thread-37836-1-1.html

The Higher People's Court of Heilongjiang Province, rulled that Okcoin business is illegal because they don't have a proper license.
Okcoin company declared that they will only offer:  technology development, transfer of technology, technical services, technical marketing, consulting and investment management.
Trading bitcoin for profit-making purpose is beyond the range permitted by the administrative authorities.  They would need many other licenses.

More, the judge said that Okcoin favorize the criminals for laundering money.

Okcoin is well know for their shaddy business like fake volumes and price manipulation.

Even Lee, the BTC China CEO  said that a while ago "... Okcoin and Huobi are known for inflating trading volumes artificially, basically selling from left hand to the right hand."

http://www.coindesk.com/chinese-bitcoin-exchange-okcoin-accused-faking-trading-data/

http://bitcoinpricelive.com/chinese-bitcoins-crash-market/


Their clients should be aware that OKcoin can be closed anytime.Don't keep your funds in Okcoin !

http://rimbit.com/threads/bloomberg-confirms-what-rimbit-has-been-saying-bitcoin%E2%80%99s-fate-hinges-on-huge-chinese-miners.5944/#post-12998

That's why Rimbit is the better crypto!


https://www.youtube.com/channel/UCLNAsYoan3nosdkF6Svp9Aw

"UK Gambling Commission Views Bitcoin as Cash Equivalent"

https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent

So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place?
I mean cloud mining is a scam but there must be something else we can actually do right?

Greetings,

I couldn't find a proper place to post this thread anywhere, have my apologies if it's misplaced.

Anyways, I have 0.7 BTC and looking to sell it and have the funds transferred to my VISA card.


The website which seems easiest to use is cex.io, though the TrustPilot ratings are really horrible. Can someone please share any experience with CEX.IO and whether I should use them for the BTC cashout.

Thanks

I'm new to the idea of bitcoin trading in general, and I was wondering how people actually get into it? It sounds like a lot of people have some sort of background in economics or finance, or work in trading in their day jobs and use btc trading as a sideline, are there a lot of people like this? Do people learn by losing money and then figuring out where they went wrong and correcting it?

I'm interested to hear people's stories.

My Guess?

$550/BTC

Today the rate of 1BTC = $574.58 since the massive development involving bitcoin and it gives me cosine why bitcoin has not risen above $574

Many of us have been holding our bitcoin and waiting for the time that the price will rise so that we can sell...

My question is that what is can we do or what support can we put in place to enable the price of bitcoin in-cress?

What if $1,000,000,000 is pushed into bitcoin will the price rise?
Your opinion is highly appreciated

I was thinking when I saw that art with the collection of Avatars of a bunch of Bitcointalk users, why not make a video based on the same principle. We could have a central depository somewhere and

people can dump a short video where they say, I am Satoshi Nakamoto in their own language, and after a specific cutoff date, someone can close the site and edit it into one big video. We can

make it fun, and have different settings for every video clip.

We then place this video on YouTube, and all income from this goes towards some charity or to fund some prize for the best video clip or even to fund some effort to reduce scams. {Something positive}

What do you think? Will this work?

Businesses you can run from anywhere for under $1,000 :
     1. WEBSITE DESIGNER
     2. ACCOUNTANT
     3. MATCHMAKING SERVICE
     4. TECH SUPPORT
     5. EDITORIAL SERVICES
     6. DIGITAL MARKETING AND PR
     7. TRAVEL EXPERT
     8. LIFE COACH/CONSULTANT
     9. CONTENT CURATOR

Hello everybody
  I know many of us here are not included or affiliated to any crime online which involves bitcoin. but we have to stand for this currency that has helped many of us achieve most of our dream OR GOAL

Many scammers and fraudsters accept payment through bitcoin and it is giving bitcoin a bad name.
So-many country law enforcement agency are targeting bitcoin and looking for any slightest opportunity to bring down this great currency down, many of them clam that the are investing on the Blockchan technology why at the back the are trying different ways to bring down this currency BTC

I remember the time when law enforcement agency arrest people that are involved in Bitcoin or those using it (but now the have been slight changes in some country but not all)

So who has an idea of how we can Give bitcoin a good name?
What can we do to help this currency?

So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?

Anyone? That can share Mining Sites that are LEGIT, WORKING and PAYING 101%..
Most of mining sites nowadays turn to SCAM in months or a year.. The money invested cannot be refunded. Thank you for sharing your knowledge..

Some people have that view about BTC. Do you think BTC is a clever solution in search of a problem?

I made a topic similar to this one few months ago, now I once again checked the OpenBazaar stats and It looks like they are the same (If not worst)



I've been checking the stats almost daily but there is absolutely no progress : https://bazaarbay.org/stats/day

The question is : Can we consider OpenBazaar as a failure in the crypto currency world ? and why ?

I have used the site preev.com for many months and loved it.  It was an easy and clean, simple site that gave a quick conversion calculation for BTC to USD or whatever.  it loaded quick because there was pretty much nothing there but the drop downs and the numbers.  It has been going offline more and more here recently and I was wondering what other sites people use for the quick, on the fly conversions.  It was great when outside of the office and using a mobile phone because it loaded really quick.  Any suggestions?

Is there a way to determine the number of people who are actually using Bitcoin till date? Who would have access to such information? Meaning a way to find out, how many new people have used Bitcoin in 2016 , so that we can say exponential growth is natural not artificially created by hoarders.