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8961  Economy / Economics / Re: Cryptocurrency exchange got bigger on: May 08, 2018, 02:32:17 PM
I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?

I don't know how many exchanges we have right now, but yes, its growing by the numbers. The only reason is that as crypto is gaining grounds, there's a lot of money to make so obviously there are lot starting crypto currency trading platform. Even here in our country, there was news that additional 6 or 7 local exchanges are joining the picture and just waiting for the government approval. As for the price, I do think that it can affect the price because there will be more players to come in resulting in the price going up/down if more people are going to trade frequently.
8962  Economy / Speculation / Re: Bulls are back on: May 08, 2018, 02:16:37 PM
We the traders can't actually say that the bulls are back because today we are experiencing the increasing of bitcoin and other Coins too in the market. Maybe one day or anytime soon the real bulls will be back and the value of bitcoin will go to the moon again Smiley

I like how the same kind of speculation, and bulls are back or bears are stronger discussions happened below the $300 level years ago -- the only difference is the price that currently is more than 30 times higher. In the same way people will look back at current levels when we hover well over $100,000 somewhere in the future. Bulls are always here and probably won't ever go away until we have reached a point from where we realistically just can't expect 10x increases anymore. Some say it's like $300,000 and some think it will demolish the astronomical $1,000,000 barrier. Either way, those who keep holding are future winners.

It's not just that. All the fear, desperation, anguish, elation - they're almost replicas of the same stories during all those past periods. I do feel that the TA has become a bit more matured, though of course, there's a lot more data to play with. I know some say that it was much better in those days, but I think the solid posts tend to get buried these days under the hyper/hypo bole.

Hard to say what's realistic though, isn't it? I never thought 10k was realistic, but here we are talking about 100k. I've to admit I no longer am sure where to ground my realities with Bitcoin.

What the kind of market situation we got right now? It's really hard to grasp the reality.  That's why the best weapon is to really hold and just wait and see where the market goes. How many of us predicted that the great wall of $10K will be quickly broken? But now the price seems to go on deeper at $91xx now so I'm a little lost as to what causes another dump. But if the bulls are really back and taking over the market, then we should see the price breaking the $10K mark, however, its another mental barrier that we need to overcome in the next coming days.
8963  Bitcoin / Bitcoin Discussion / Re: Bill Gates: I would put against bitcoin on: May 08, 2018, 02:03:15 PM
Sometimes it makes you wonder if this people really understand how crypto market works. Or they don't like anything that they can't hold into their hands as crypto is pure virtual. However, I believed in him saying that bitcoin is speculative asset, however, I disagree with him saying that bitcoin investment is "the theory of a bigger fool in its pure form." Well if you invest wrongly, not just on bitcoin, even in stock markets and if you are just really in for a quick rich scheme, then you are wrong. That's why you have to be very careful putting your money into crypto, because its based on speculation, but it doesn't mean that you are fool. LOL. Everything can go wrong, but if you don't know how to protect your investment then you really better get out of crypto.
8964  Bitcoin / Press / Re: [2018-05-08] Bitcoin Casinos Grow in Popularity – Why? on: May 08, 2018, 01:46:36 PM
Compared to casinos that uses fiat to gamble sometime discrimination happens like you have limit to use and minimum amount to starts because they know your occupation and a lot of eyes is in you when you loss and when you win they will say you are cheating, so better use digital way of gambling, learn-registered-earn-lose-keep your identity unknown to others, it works better this way.

I don't know what casino did you go but I haven't feel any discrimination here in my country. I have been playing in a land based based casino for 10 years and so far I also didn't see that you need to "show some money" before they let you inside. Only discrimination I'm thinking is that if you are really underage and if you don't wear proper decorum. As far as the reason why bitcoin is popular? Anyone can play, you just need internet and money to deposit and that's it. Plus you are anonymous.
8965  Economy / Speculation / Re: Bitcoin to the Moon on: May 07, 2018, 09:51:41 AM
Bitcoin has been predicted to reach  $30,000 to 50,000 by the end of the year by most analyst and I trust it . Because From experience, bitcoin double or tipple in price every year and if it is clear by this time of the year that bitcoins will hit at highest level since it inception by the close of the year.

LOL. How can you trust someone specially this market is unpredictable dude? I suggest that you don't listen to these so called experts because no one can say certain what will be the end price this 2018. No one has accurately predicted that the price can get to $20,000 last year, what makes you think that they will not make the same mistakes this year? I advise you to just take the stride, and don't expect too high so that you will not get disappointed at the end of the year.
8966  Bitcoin / Press / Re: [2018-05-06] Azerbaijan to Tax Crypto Incomes and Profits on: May 07, 2018, 09:44:47 AM
Well, bad news for them. I can clearly say that this country is just against crypto and they just wanted to see where it will go. I have a feeling that they will ban it eventually.

Its clearly not hard to see where is this going. Last year there was a news that they are keeping a watchful eye on anything related to bitcoin and they have rejected bitcoin as a legitimate payment method.

https://news.bitcoin.com/azerbaijan-rejects-crypto-as-means-of-payment/

So I not totally surprise by this bitch mode. However, there are a lot of countries that are already implementing this kind of tax setup, but its up to the individual to declare it, which might tempted most of us not to declare it.So I have to agree that eventually we might hear from them a total crypto ban, so let's see how it goes. I hope I'm wrong though.
8967  Bitcoin / Project Development / Re: Buy real estate with Crypto on: May 07, 2018, 09:34:11 AM
I know i can find certain proposals on google, but has anyone seen this service actually working, what are the steps and service quality?

Hmm. I don't know how complicated the steps are but as far as I can remember. There was one interesting discussion about it several years ago in the forum.

(https://bitcointalk.org/index.php?topic=628403.0) - Buying a house with bitcoin

I try to search related discussion about it and here's what I got:

(https://bitcointalk.org/index.php?topic=1237454.0) -  buying Real Estate with BITCOIN
(https://bitcointalk.org/index.php?topic=3201857.0) -  Buying a house with BTC
(https://bitcointalk.org/index.php?topic=731871.0) - How to buy real estate with Bitcoin?
(https://bitcointalk.org/index.php?topic=1945129.0) -    Legal Formalities to Buy Real Estate in Bitcoins
(https://bitcointalk.org/index.php?topic=1682072.0) -  Buying House with bitcoin from USA

I suggest you read those threads and pick up which one is relevant and applicable. Goodluck!!!.
8968  Bitcoin / Legal / Re: Germany Approves Cryptocurrency As Legal Means Of Payment on: May 07, 2018, 09:25:18 AM
Certain parts of Europe is going crypto friendly and I'm very amazed by that. I hope that this will also get implemented as soon as possible in my country so we can use the power of blockchain to boost our economic status.

But there will be always someone on the opposing side. EU is still 50/50 as far as crypto or bitcoin adoption is concern. There's a lot of government and central banks that's against crypto in general. But I like what I'm seeing here. Yes, Germany is one of the most developed economy so its going to be a big boost specially if they are going to give tax exempts and other incentives so that more will be encourage to join the cryptoverse. Let's see how it goes after the G20 meeting as it's one of the hottest topic they discussed. They say that they are going to study crypto and the decision could be announce in July. We all know that a lot of EU nations are part of this group, so the decision could really bring weight to the ecosystem. Specially if country like Germany leading the way in EU.
8969  Economy / Service Discussion / Re: Localbitcoins now requires identification on: May 07, 2018, 09:16:50 AM
I'm always expecting that LBC will require KYC verification soon.
Yes it's P2P but still a "widely known" trading platform,
regulators wont tolerate any crypto in their sights that has the potential to become a hidden sub-black-market trading ground Undecided

Time to move to a new p2p trading platform?
I never used LBC since it isn't available in our Country but we have a local exchanges and
3rd party trading service providers that requires KYC verification even before this KYC "issue" became a Bitcoin-users' issue,
and I didn't have any problem with that (In my case).

If you wanted to trade Peer-to-peer anonymously, use other "methods".

As far as I know LBC is available in the Philippines as well. (https://localbitcoins.com/country/PH). But yes, since there is a local exchanges like coins.ph, not everyone knows that there also a lot of trading done in LBC Philippines.



Was bound to happen at some point, it was only a matter of time until the regulators came in and wanted their fair share of what was going on. They're going to want companies to keep the names of people so they're able to at some point tax people on what they're buying.

~snip~


Of course, just a matter of time, but I was quite surprise by the immediate action by LBC. Maybe they are really under the scrutiny as of late, and they can't do anything but to succumb to government's pressure to put KYC and verification. I don't know if there is a alternative to LBC though, there might be one out there but I'm sure it will take the same path when government take notice of it.
8970  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How to find new tokens on exchanges? on: May 07, 2018, 08:31:26 AM
i think to find new tokens on exchange you have to follow such token on their social media accounts or on their telegram group or go find them online and follow them to know if they are in market by now.

I think you guys make it complicated. Why don't you tracked it in coinmarketcap? Look if it has been listed already, if not then just look at the official website of the ICO and you will find all the updated news on what trading platform and when they are going to get listed and of course the initial ICO price. No need to follow them on their social media accounts just to get the relevant information. Or you can even follow them through emails. You can subscribe to them if you want. Just keep it simple so that the data will be somewhat less cluttered and filtered out.
8971  Economy / Economics / Re: Bitcoin bull run begins now? on: May 07, 2018, 08:20:37 AM
It's very evident that bitcoin is rising back again based on its graph. Market capitalization is going high again so as its market price. Speculations has it that it will just play around 9K USD this month.


It is still fluctuating as far as I know. Yeah, but I agree that $9000 would be a good price for us. We don't want that kind of artificial pump we saw last December that was insane, however we have seen what it brought to us. A bear market that everyone fear about. But it seems that we have somewhat bouncing back from the last bottom that we have at around $6500. But as far as the bitcoin bull, really hard to predict. Few days ago, the market rally pushing the price to get into the $10,000 mark and everything is shouting for a bull run. However, its not the case as the market goes into a correction. But the price is still above $9000 which is a good sign. We might not see another bull run, but its good that there's no artificial pump on the price.
8972  Economy / Speculation / Re: What happens to bitcoin? up or down? on: May 07, 2018, 08:14:58 AM
Today's price is $ 9,371, It has grown big and big. None of the coins can reach the place of Bitcoin. Always BTC is the most interesting coin among cryptocurrencies. BTC prediction prices are made by many predictors and cryptocurrency experts. in my opinion we only need one more week to break the number on the $ 10,000 you mean it, dude. the bullish market is getting closer, we just need to be prepared to welcome all of this with pleasure. according to the predictions and review of crypto experts, by the year 2019 March, the price of bitcoin will reach above $ 60,000. believe it or not, I think this will happen in 2019 later.

Well no one can tell if we can break that $10,000 barrier in just a week time. This is the 2nd time that we have tried to attempt to go over it, the first time, we got to $97++ before a minor dump and just a few days ago we almost did it at $9950. But as @pooya87 has said, this is a big mental barrier for day or short term trader. This has been the strategy for most of us since the bears market took over and its going to be cyclical. Those who bought at $8700 probably loves to take profits at $9900. Plus the manipulators from behind does want the price to reach $10,000, they dumped, get their returns, rinse and repeat. So we can't say for certain if 1 week is enough to get over the 5 digit mark once again.
8973  Bitcoin / Bitcoin Discussion / Re: In Southeast Asian country, bitcoin player is exceed stock market player, right? on: May 07, 2018, 08:08:12 AM
In this Southeast Asian country, the number of players playing in bitcoin is going to exceed the number of participants in the stock market.

In Southeast Asia, people are trading very aggressively. I am surprised that the central bank of Indonesia does not prohibit trading floors from listing shares, suggesting that investors limit their ownership, sale or transaction of tokens. The Central Bank of Indonesia does not consider dollars to be legal.
 What did you know about it?

Care to share the link?

As far as I know Indonesia is heavily clamping on crypto currency.

Quote
Jakarta. Bank Indonesia has reiterated its warning against speculation in cryptocurrencies for fear that a bubble could destabilize the country's financial sector.

"Ownership of virtual currency is highly risky and full of speculation, because there is no single responsible authority, official administrator, nor underlying asset backing the virtual currency, which puts it at risk of forming a bubble, and because it is prone to be used in money laundering and terrorism financing, all of which make it capable of affecting financial stability and harming society," Bank Indonesia spokesman Agusman said in a statement on Saturday (13/01).

The central bank said cryptocurrencies are not legal tender in Indonesia and cannot be used in transactions.

Bank Indonesia does not allow banks, financial services, electronic wallet providers, payment service providers and financial technology companies to process any cryptocurrency payments. While the bank stopped short in the statement from outright banning cryptocurrency trading in the country, it urged Indonesians not to own, acquire or trade in it.

http://jakartaglobe.id/bankingfinance/bank-indonesia-urges-indonesians-to-avoid-cryptocurrency-trading/

So its weird that according to you Central bank of Indonesia doesn't prohibit trading floor from listing shares, but the statement above totally contradicts it.
8974  Bitcoin / Press / Re: [2018-05-05] ‘Big Bitcoin Heist’ Suspect Regrets Fleeing Iceland after Jailbreak on: May 07, 2018, 06:42:26 AM
I think I'd regret fleeing too if I got caught. It's not a crime to escape from prison in Iceland? Good to know.

Yeah I had to do a double take on that. Pretty ridiculous, but hey, it seems to work.

But yeah, I hope he talks. It would be interesting if the stolen equipment ends up on a farm somewhere. If they acquired such a large stash, it's likely they sold in bulk. I acknowledge that that doesn't rule out resellers and distributors and such, but this case would be way more interesting if there were a conspiracy involved.

I agree. It would be interesting as how he dispose those hardware gear. Who bought it from him? Is he into something like a gang who targets everything related to crypto? Who are the people involved? How many? There are so many questions that needs to be answer, and damn that escape? Just wow. He may be a Legend soon in the cryptoverse. LOL. I also surprised that escaping in prison is not a crime in Iceland? That ridiculous specially for American. Maybe that's one factor why Iceland has one of the lowest crime rates in the world.
8975  Bitcoin / Press / Re: [2018-05-04] Kentucky Derby to offically accept Bitcoin on: May 04, 2018, 05:10:21 PM
It is very interesting. Before crypto betting happen only in online casinos, but now it gone to the real world. New win to bitcoin!  I am impatient to know how it is going to work on practice.

Yes, there's one land based casino in Vegas who's accepting bitcoin as well:

(https://bitcointalk.org/index.php?topic=3377535.0)

So don't be surprise if there will be a lot of land based or sports event like Kentucky who will be accepting bitcoin. Of course there's still a lot of question like withdrawing or if KYC is needed. Don't be impatient because I'm pretty sure this is going to be on our favor in the end.
8976  Economy / Speculation / Re: Bitcoin price 10k $ on: May 04, 2018, 06:18:59 AM
Why Bitcoin can not cross 10k $?

Who says its can't, its just that the market is not ready yet. That's why the first time we inch closer at $9700, the market immediately dump. So let's see how it goes for now, it looks that we are in a rally again to $9700. It we sustain at that level then eventually $10000 could be touch. We really need a lot of money or a positive news to come along to push the price to 5 digit mark. Maybe in the coming days there will be one catalyst that will eventually put more confident on investors to renewed their interest more in the ecosystem and finally see bitcoin breaking $10000.
8977  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Hold your ETH until cross 1k -1.5K on: May 04, 2018, 04:04:20 AM
Every body know that eth growth already start. It's long time eth was rest. Now it's time to run for ETH. I was post long time ago for buy eth. Those is buy they are already in profit. Form now eth is up trends and it will cross 1k very soon. I expect eth will cross 1.5K within 3 month. So I feel you can hold it for little time.

Note: I just share my own idea. Please research yourself before buy or hold. Every trade is risky.

There is no doubt that Ethereum is for long term investment just like bitcoin. It's just the price goes down because the whole crypto market suffered a crash. However, its making a comeback and I hope that everyone has at least purchase a lot of Ethereum when it dip in the last couple of months. And the Reddit co-founder put another hype just in time: (https://cointelegraph.com/news/reddit-co-founder-says-ethereum-price-will-reach-15000-this-year), LOL, but I seriously doubt it get to $15000 this year. If you have been following Ethereum pattern, it already consolidating and is breaking higher so I'm expecting a good upward trend in the next coming days.
8978  Economy / Service Discussion / Re: How to avoid bounty scams in bitcointalk on: May 04, 2018, 02:15:07 AM
In order to avoid bounty scams you need to consider 2 things:

1. CHECK THE PROJECT - you need to do research about the bounty, the project team, the whitepaper because some might just copy and paste it, the advisors, roadmap, bounty pool and ofcourse the founder you need to be a good observer, check their background because sometimes by just merely observing and reading you will know right away if the bounty is a scam.

2. CAMPAIGN MANAGER - the one that you should always consider, because if the bounty manager is scammer then the bounties itself is a scam, and it is really obvious if the bounty manager has a negative trust then surely he or she is scammer, one thing to consider also is the rank of the bounty manager the higher the rank the higher the legit factor, you can always do research here there are many list of legit and reliable bounty manager and the list of all bounty manager scammers.


thank you for your kindness!
hope it helps!
more power!

Its a nice advise but I don't think that its enough to say that the project is legit. I hope that you are aware that there was one bounty manager who is very trusted but his reputation was ruined because of a scam project. As for the project, yes you have to check everything, however, I also did notice that there's scam project everywhere and its really hard to filter the legit ones and even if you look at the team behind, chances are some of them might turn out to a scammer. Just used common sense and due diligence of course just invest what you can afford.
8979  Economy / Speculation / Re: Will bitcoin come a low price..!? on: May 04, 2018, 02:07:04 AM
What's going on about bicoin....!
Right now bitcoin price is 7,010.00 US Dollar.
It is very cheap rate for bitcoin. Why bitcoin getting down and down?  Huh

It even reaches as low as $6500 mate. And moving forward after you open this thread, bitcoin is now inching closer to $10000. So in just a month, bitcoin bounce back and recovered almost $3000. That's how resilient bitcoin market it, we may have seen one of the worst start that we have so far, (bearish market for almost 3 months), but the bulls have regained the market now and it seems that its just a matter of time before we see the 5 digit mark. I just hope that the OP didn't offload his bitcoin and fear that it might still go down. If you still want to get in though, the price is still quite cheap in my opinion, we may seen it tops $20000 before the end of year. Wink
8980  Economy / Economics / Re: Only a mature and regulated crypto market will attract big investors. on: May 04, 2018, 01:59:02 AM
https://cointelegraph.com/news/2018-mature-crypto-market-will-draw-more-investment-see-less-volatility-analyst-says

Obviously as an investor you understand there are risks but out of all the exchanges out there, i can think of 2-3 that I would personally trust with my money and in my case we are only talking about thousands, imagine a big player with millions using etherdelta or some other retarded exchange, no way that will ever happen. Even big exchanges like bittrex, not long ago, they fucked up and made everyone wait months and months to get your account enabled or verified. Why would any big player invest in crypto when the risk is so huge, there is literally zero safety, any exchange can run away with your money and you can barely do anything.

I understand you point, seems to be valid to me. Not only that, but in a event of hack and your funds are not covered by the exchanges, then its goodbye that's we heard so much crying around when a exchange is being hacked or taken down. In other words, the typical protection we have seen in stock market is not present in bitcoin. However, the argument can be said as well if you are familiar in using let's say your credit card online. You really have to take the risk, do the necessary steps to protect your account and keep your information offline. So there is a risk, and that people are willing to take that risk and gamble on cryptocurrency.
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