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901  Economy / Currency exchange / Re: Buying Bitcoin With Paypal Payment on: October 05, 2017, 06:19:13 PM
Hello, I will buy bitcoins with my Paypal Balance. I will be paying directly from Paypal Balance, no credit card involved. I am willing to pay %5-10 more from the current rate but no more. I have about 2.000 USD. Contact me if you are interested.

You could try local bitcoins as the member above said, but I say that you could try out the currency exchange section here but make sure you use an escrow to ensure a safe deal. You can easily buy that much BTC here on these forums; there are a couple of high value sellers.
902  Economy / Trading Discussion / Re: Long-mid term trading, beating the Whales on: October 05, 2017, 06:56:07 AM
As many of you know  the  market is  totally manipulated by the  big players, they  can make everything they want with price of some cryptos

My question is:  How  can you beat  the whales, or  ''go  with  them''  while  you are day trading or swing-trading?

Example  : I see  a big order  (in the order book) of  15 k bitcoin for  a  huge buy at (X)  price....    now  it  can be  a  good  support,  or  a  whales's trick  to let  believe the weak hands that there  is  a big support  and  forcing them to buy at higher prices...then the whale deletes the order  and collect  profit of  price increase.

Now  my question is:  How  do you deal  with this?  How  can you day trading knowing this ''trick''?  

How  do you behave when you see a big order in the orderbook?








The best bet you have is to ride the wave that the whales cause. It's like a slight pump and dump situation, but the trick is to see when those buy orders come in and buy bitcoin along with them. When you see a large sell order, try to get your bitcoin out too. If you're really looking to get into these kinds of things though, get into the altcoin market.
903  Economy / Economics / Re: what will happen to banks? on: October 05, 2017, 06:44:16 AM
Since banks profit from fees and blockchain will kill fees, my guess is banks will be negatively impacted.
Some banks are already stepping into the blockchain world.
But blockchain will not bring back the profits as otherwise.
Any thoughts?
Apologies if this is not the right place to discuss.
Thanks in advance.

It's possible that banks will start limiting their customers in terms of bitcoin usage. I think if they have the chance, they'll definitely try to go for some sort of fees or tax type payments on bitcoin as well. They can't afford to have this de-centralized currency messing up their rates that they are getting from fiat users.
904  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin cash or Bitcoin gold? on: October 05, 2017, 06:42:57 AM
Which of these two is going to fetch higher prices? What do you guys think?
BCC has failed to get high enough to be called a real contender. Will the new one beat it and get closer to dethroning the king?

BCC practically failed in the eyes of many, including many of their backers. It's hard to see how Bitcoin gold will be much different. I think regardless of which one you're looking at, neither will be as useful as bitcoin in the new future. Bitcoin is blasting off for a reason; we'll see if any altcoins can even come close.
905  Economy / Service Discussion / Re: Where can I buy a video game with bitcoin? on: October 04, 2017, 04:22:07 PM
Is there any website where you can buy a video game for ps4 or pc with bitcoins?I think that would be very nice if there is any.Digital copies, physical disk, whatever.

G2a.com and steam I know for sure that are accepting bitcoin, as for ps4 I have no idea, you can probably find someone here on the forums selling games or keys for games.

btw, here's the list of businesses that accept bitcoin, might not be a full lit but still a list whatsoever:
https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/

I've heard g2a is very bad for the developers. They make practically no money from the keys and some keys may be stolen as well. G2a also has a very terrible support system. I'd say just buy straight off of steam during sales and such to help the developers too.
906  Economy / Speculation / Re: My opinion why btc falls, others prosper. on: October 04, 2017, 05:23:58 AM
Bitcoin was the first of its kind, i first heard of it in 2011, and didn't think anything of it.... i feel very few people at first didn't invest much, but the people who did invest didn't have to invest much money, when it first came out, if you had invested $10, you would have a nice fortune now....because its sitting in the thousands now, i feel very few people for this reason wont invest in it, even if i did a $1000 now, i think it would take forever to see a huge outcome compared to the first investors. i feel the majority of the overall bitcoin online is from people who first bought in.  Due to this i get the impression bitcoin will fall drastically here soon.   

Now that people see the uses and market for online currencys, a lot more people are paying attention to it, due to this, I'm feel the average person will invest in other coins like ethereum, ltc....etc, hoping for a big outcome like bitcoin had. 

Any opinions/advice is welcomed Smiley

Hang on. For the most part, isn't it true that when btc went down, the other altcoins did too? Especially with the china thing, bitcoin and almost all of the other altcoins tanked. Even ether had a pretty big drop. Is it just because the news affected more than just bitcoin?
907  Economy / Service Discussion / Re: Cloud Mining Scam or legit on: October 03, 2017, 07:54:39 PM
I am pretty new to bitcoin and have basically been using faucet sites to get started.
I know faucets are slow and labourious but at least they are giving me an insite into how bitcoin works
Cloud mining is something that i am seeing advertised a lot.
People will say it is a scam
Some people will say it is not a scam I know that

I would just like everyones opinion on it if that is ok

So is cloud mining a scam yes or no

Reasons why appreciated

Many Thanks

More often than not, cloud mining is a scam. Doubler sites may be masked under the name of cloud mining. Essentially, if you see something that has an insane payrate (120% every week) that just does not make sense, chances are that it is a scam. This applies for cloud mining.
908  Economy / Economics / Re: How to make a win-win situation for both government and digital currency ? on: October 03, 2017, 06:56:28 PM
I think Bitcoin regulation is win-win situation for both. Governments would make "order" on that way on Bitcoin market and have some control over it, but not full and centralized of course, and for Bitcoin that would mean more adoption especialy for businesses. Bitcoin users don't have to be afraid from regulation.

But in this case, what does the government get from the regulation? If more people use BTC, they can avoid paying taxes for their transaction. This would cause a lot of issues, especially with debt.
909  Economy / Service Discussion / Re: Who knows a good screener service for trading? on: October 03, 2017, 06:27:03 PM
Hi! Can anyone suggest me a good screener or charts service for trading bitcoin and other coins?

A very simplistic chart that I and a lot of others use is: https://coinmarketcap.com/

I personally use it because it's very neat to the eye and I can keep up with the market fluctuations even when I'm on the go (It ports very well on mobile devices as well)

I suggest you check it out!
910  Economy / Economics / Re: How to make a win-win situation for both government and digital currency ? on: October 03, 2017, 06:21:30 PM
How a government can still manage its control over currency and finance without harshly regulating digital currencies ? Can we ever have a win-win situation ? Is there any economic model for decentralized currencies ?

Well, I think the only win that the government can get from crypto is taxes. Yet, people who want to use bitcoin and other cyrptocurrencies for daily transactions do not want those taxes. It's an immediate conflict and as of now, I don't think there's a valid solution.
911  Economy / Economics / Re: WHAT HAPPENS WHEN YOU HAVE A NASTY DIVORCE AND A FAT BTC WALLET? on: October 03, 2017, 06:38:53 AM
I'm assuming most would have read, watched and some probably experienced divorce proceedings.
It's certainly not a pretty thing, especially when it's a nasty one. Now, the question is do you
reveal your BTC wallet address when undergoing proceedings or do you simply keep shtum.
Or maybe you have been careless enough to let your spouse know about your crypto dealings.
Do you willingly part with the nice rising BTC or do you offer to pay up in Fiat?

This post is merely for fun, 'I AM NOT MARRIED' Grin

It should be treated as an asset. This means that if the other party mentions it, they are entitled to half of it (I think, if I'm not getting it wrong). Beyond that, I would say it's just treated as anything else (like stocks and such) during a divorce.
912  Other / Off-topic / Re: *CHAIN THREAD* - F**k I wish I didn't spend BTC on........ on: October 03, 2017, 01:19:16 AM
I wish I didn't spend BTC on a doubler that a friend recommend to me when I was just starting my bitcoin journey. He referred me and said that he was being paid. And me trusting my friend, invested .5BTC back then when it was around $1000. Initially it was paying and what I do is deposit more but they ran off and scam a lot more investors. If I didn't put that money and just hold on it, I will be getting good profits by now. Well, too bad I have to learn my lesson in a very hard way. We are still friends though, after what happened to me.

I did this too. I wasn't really introduced to all these scam sites early enough. I learned most of that stuff myself from trial and error.

I put a decent amount of bitcoin into a marketing sham called triple threat marketing. I don't know if anyone else had done this also or not, but I got a few payouts back and decided that it was worth putting some money into. A few weeks later, all the money is gone and the owners of the site deletes the site and creates a new marketing scam.
913  Economy / Trading Discussion / Re: Day Trading on: October 03, 2017, 01:16:52 AM
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.

What you could do is use a small amount like 100-200 to prove to yourself that you can actually trade. Trade with that amount and see how much you can make or how you do in the markets. If you're doing well and feel confident in your ability to trade positive, then you should put more money into your investing.

If you don't do too well, then try to just map out the charts more often. Follow the news and try again with another small amount. After all, if you lose 100-200 it's not a life-changing amount.
914  Economy / Trading Discussion / Re: online services for changing one coin to another on: October 03, 2017, 01:12:52 AM
hi
has anyone used coinswitch.co or shapeshift.io pls?
just want to make sure they are not scams
thanks



Shapeshift.io seems to be a fairly trusted site just judging off the general consensus here and on the internet. What you should look into is bitcoin exchanges. There are a lot of exchanges that people use daily, like bitrex and poloniex. Take a look into the bigger exchange sites because they are the ones with much more trustworthy backing.
915  Economy / Trading Discussion / Re: Which knowledge is important for crypto trading? on: October 03, 2017, 01:10:46 AM
I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...

If you're trying to get into altcoins, you really need to research deep into which coins will last and which ones will die soon. Don't fall for pump and dumps either.

For the most part, if you're trying to buy altcoins, chances are that you will be buying and selling very quickly. There is a high chance that you'll practically be shorting a few coins. You need to start looking for signals in the news, announcement threads, and potentially even reddit. These all will leave you with information you'd need to trade.
916  Economy / Digital goods / Re: Wts $60 amazon gift card with cash receipt $45 btc on: October 03, 2017, 01:06:07 AM
Don't deal with this seller. His account is very new and people have been claiming he's a scammer.

To everyone who did try to deal with him or to anyone reading this thread, please opt for escrow next time. It takes just a few more minutes to set one up and it makes your deals 5 times more secure. There is no need to be scammed like this from a new account.
917  Economy / Service Discussion / Re: The best platform with Global Bitcoin marketplace on: October 03, 2017, 01:04:20 AM
Hi guys,

The blockchain.rip is a good platform for traders.
Check it's...

A.Thanks


I have never seen this site. Seeing as you are a newbie who just put out your first post for this, I assume you're advertising this site.

Why should I use this as a trading platform? I'm perfectly fine with using the current platforms that are out now.

How do I know it isn't even a scam?
918  Economy / Economics / Re: Bitcoin eventually disappear... on: October 03, 2017, 01:02:29 AM
There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.

This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.

Is this correct?



I think you might be confused with the miner fee and losing Bitcoin. When you send a transaction, yes, you do have to pay a bit extra money, but that money goes into someone else's ledger. Think of bitcoin in terms of blockchain ledgers. It will help your understanding of how the money flows.

Basically, when you send your money out, your ledger decreases and whoever you sent to / whichever overall addresses get coins from your transactions have their ledger balance increased.
919  Economy / Speculation / Re: Bitcoin next Target: $4600, $4700 or $4800? on: October 03, 2017, 01:00:25 AM
Bitcoin price is in continuous uptrend and trading at $4,345.93. Will BTCUSD cross $4650- 4700 level by the end of this week?

Yes, my target is $4600, $4700, $4800 by the end of this week. How? Check the article for more information: https://atozforex.com/news/02-08-october-bitcoin-technical-analysis/

Suggestions and comments appreciated  Smiley


I think bitcoin will hit an ATH sometime this week or within the next 2 weeks. This is because there has already been some recovery time for the China news, and people are realizing that the banning doesn't actually affect the coin as much as they thought it would. With this in mind, people will be and have been buying. It's been shooting the price up as well as the amount of good news associated with bitcoin.
920  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2017, 12:24:20 AM
END list, good luck!

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That cluster in early october is making me excited  Grin

We'll see where Bitcoin goes. So far, it's been exploding pretty well. I think I was right with the coin needing some time before rebounding. We'll see how much further it gets on this climb.
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