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9121  Alternate cryptocurrencies / Altcoin Discussion / Re: The Yearly September Bull Run on: September 24, 2018, 05:52:40 AM
The reason I believe it is about to happen again is I seen on twitter that a wallet that was thought to have been lost, and has had 0 transaction history in past 5 years, recently few days ago started transferring the 111,000 Bitcoins to several different exchanges!!! (Binance, Bittrex,  etc) Either the wallet was hack or plans are in the making. Keep in mind that wallet is roughly .50% or so  of all circulating Bitcoins.
How does that news make you bullish? Huge bitcoins in the move to exchange is usually a bearish sign—massive dumping in the making.

Nice find though, didn't realize that before. But I still don't buy it, I mean Bitcoin had no reason to take another bull run so far. Take a lot of volumes (money) to make new ATH and that money isn't going to come for no reason. So for me, this will be another year where crypto doesn't begin a bull run by September.
You do realize that the cryptocurrency market doesn't really need a reason to take off, don't you? The insane bull run around December of last year is one of the best examples to validate my statement in this scenario.

I do agree that this could actually result in massive dumping which will allow the market to stay bearish until the end of the year most likely, but anything could happen in this extremely volatile and unpredictable market.

I do hope that we see another insane bull run like last year, but we all know that the odds are stacked against us due to the performance of the cryptocurrency market since the beginning of this year.
9122  Economy / Services / Re: [Open] 🚀 Bitcasino.io 🚀 [Signature Campaign] 🚀 [.01 BTC/week] on: September 22, 2018, 06:03:16 AM
Btctalk name ✅ Haunebu
Rank ✅ Hero member
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Wear Appropriate Signature ✅ Wear if accepted
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Will update my signature, avatar and message if accepted.
9123  Bitcoin / Bitcoin Discussion / Re: VanEck ETF proposal is extended for another 180 days on: September 21, 2018, 07:09:20 AM
just like before SEC is only wasting time before they eventually reject this ETF too. nothing has changed compared to all the previous times they did the exact same thing with their constant delays and postpones. so their decision should not have changed either.

Definitely a good sign looking at Bitfinex...
there isn't any signs anywhere. price is still the same as before with market not even reacting to it in any ways.

Quote
3. Ethereum's price isn't reacting either, so the market is just accepting this news as indifferent.
bitcoin ETF and the decision SEC makes about it has nothing to do with any of the altcoins including ETH!

Quote
4. Whales didn't try to short the news because the short squeeze is too inevitable with trying to push below 6k here.
you don't short bitcoin every day of the week. they just did it recently. there needs to be some time before a "push down" happens otherwise they will lose money just like some of them lost money yesterday when they tried pushing it down and market reacted violently against them crushing these whales.

I agree with all your points. This whole hype campaign that has been created around this proposal has been blown out of proportion in my opinion because I confidently feel that SEC will simply reject it at the end of the day.

Waiting 6 freaking months for a rejection is absolutely pointless in my opinion. The truth is that no one knows when we will see an year like 2017 again which is why I would not completely depend on cryptocurrencies for your daily wages.
9124  Alternate cryptocurrencies / Altcoin Discussion / Re: FOR BOUNTY HUNTERS on: September 21, 2018, 07:08:36 AM
Yeah for the last few months the well has been pretty dry for me whereas before I could live from bounties, now I have to find other means of support and another job if I want to not be homeless this year, unless a miracle happens and we get a bull run and some of the bounties that owe me money actually pay me. One latest signature campaign I did for three months was scam and two signature campaigns I did as well still haven't paid me yet. They are delaying paying us for months now so for the last six months I haven't even been paid for a signature campaign yet. I am still here doing bounties but I just don't know how long I can spend time and not getting rewards on time, or being scammed. Even if you do due diligence, or choose a good bounty hunter, you can still get scammed. Last bounty I got scammed Bidium, ERICKVAND was the bounty manager, he is a good manager, just had a scam project to run.

Are you serious? Why would you completely depend on bounties? Bounties could be hit or miss based on a multitude of factors like:

- Team involved behind the project
- Soft cap and hard cap
- Campaign manager
- Whitepaper
- Is the market bullish or bearish?

I usually check the following factors before participating in any bounty in this forum. Among these factors, the bull or bear market makes a significant impact on how successful the project may or may not be.
9125  Alternate cryptocurrencies / Altcoin Discussion / Re: Strict rules in Bounties, is it needed? on: September 21, 2018, 07:08:03 AM
Proof of identification posts are very much needed and I am sick and tired of bounty thieves and scammers trying hard to steal both my Husband's and my identities and content, which we work hard to produce and provide. This week we have wasted over 5 hours combined reporting scammers who have been awarded stakes instead of us and US labeled as the scammers, despite my husband having his ETH address in all his descriptions in the videos, so why don't the bounty managers check the proof of identity posts and eth addresses? I had to get my other half to make a PROOF OF IDENTITY VIDEO to put now in all his proof of authentication posts because we are fed up with these Vietnamese thieves, as there is a Vietnamese mafia going around stealing our work and even making telegram i.ds with our names and pictures lol, it's a joke. Why do these scammers work so hard to steal our work, instead of working to produce their own shit?
It is obvious, isn't it? They simply do not wish to put in the effort required to create unique creative content and focus on stealing others content which is way easier for them in the short term and long term.

There are tons of scammers in this forum from the early days of this forum and I doubt they will be going away anytime soon which is why we need to be extra careful when it comes to securing our hard earned funds.

Coming to the question posted by op, I believe that stricter rules for bounties are a double edged sword since it could basically help decrease the chances of scammers running away with the bounty funds, but interest in the bounties could drop due to the restrictions.
9126  Bitcoin / Bitcoin Discussion / Re: Does bitcoin control the market? on: September 18, 2018, 06:57:59 AM
There is some sort of indirect relation between the bitcoin and altcoins. I am saying indirect because its been only when there is movement of the bitcoin upwards then altcoins are traded on larger volume for buying more bitcoin. The end result is very very simple here, bitcoin gets pumped more and altcoins ultimately starts dropping. This way we think that bitcoin movement is actually controlling the rest of the market. But this is nothing but the act of buying and selling which happens hand in hand with the two currencies and they affect each other. Thats what I get it from the current scenario.
Isn't it obvious? We have observed this through out history and there is nothing surprising about this at all. Bitcoin and altcoin values are indirectly related to each other where altcoin values tend to be directly proportional to Bitcoin value majority of the time.

Both altcoin and Bitcoin values are inversely proportional to each other minority of the time. There is nothing surprising about this since Bitcoin usually dominates a big portion of the market which is why altcoin values fluctuate along with it.
9127  Bitcoin / Bitcoin Discussion / Re: Banks will always be against cryptocurrencies? on: September 17, 2018, 09:46:42 AM
No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.

The purported attack against bitcoin by the banks when looked holistically is nothing short of "make believe ". In the sense that because most government is yet to make their position known on the technology, they tend not to be at the forefront of the matter but behind the scene, several research and development are going on that will be surprising to every one eventually when its launched as banks compete between themselves to be the first to launch a particular technology.

Even today, various committee that are currently discussing on the implementation of blockchain/ bitcoin would still consist of top bank officials as they are the ones government would call upon to formulate policies compared to a developer working from garage.

I agree. I have observed so many financial institutions display their interest in the technology behind the cryptocurrency market while they basically shun away all cryptocurrencies. I was initially surprised to learn this when I was a newbie in the cryptocurrency market, but later on understood their true motives which is pathetic to say the least. This is the reason why I strongly believe that banks will never support cryptocurrencies for their own financial gains no matter what.
9128  Alternate cryptocurrencies / Altcoin Discussion / Re: Earn token except bounty campaign? on: September 16, 2018, 06:24:22 AM
The only other way to earn or receive token is by doing airdrop but the problem is almost all the airdrop dont pay and mostly scam and even if the pay, its always so low , maybe $5 or so but with bounty you can get up to $2000
This is not necessarily true. Some airdrops turn out to be amazing during a bull market where they can reward thousands of dollars for literally filling in a form. I was one of the lucky ones to receive thousands for registering for the Oyster Pearl airdrop.

Airdrops are practically useless when the market is bearish, but they can be worth a lot during a bull market which is why they can be profitable sometimes.
9129  Bitcoin / Bitcoin Discussion / Re: New type of scammers in telegram! Keep your bitcoins safe! Watch out! on: September 15, 2018, 10:33:22 AM
Unfortunately Crypto has absorbed all kinds of the worst SCUM of the Earth and until there is more work done by the Community to stop these people, a lot of mainstream people will not even touch Crypto. The number of times I have been sha8fted by various nasty entities, many lurking even here on Bitcointalk forum, is a joke.

What you should do is use this thread to name and shame these nasty entities and their telegram ids so people can avoid them. My Husband started a thread for bounty cheaters as they keep trying to steal our content and pretend they are us. Yeap, these low lives will do anything in their power to steal from honest peeps in the Crypto Community. It's a real shame, but the only thing we can do is try to get together to catch these nasty elements so others can be warned at least.
I agree. There are a plethora of hackers and scammers in the cryptocurrency community these days and they will not disappear anytime soon. Instead, they continue to grow as time passes lurking here and there and waiting for a chance to steal from people.

Majority of the investors have already secured their funds in an effective manner, but there are some investors(Newbies primarily) who fail to use their brains and end up losing their valuable funds. Be careful people.
9130  Alternate cryptocurrencies / Altcoin Discussion / Re: I am most worried now on: September 14, 2018, 10:07:23 AM
You really not need to worry. One thing I'll like you to understand is that no matter how much you get worried now, your worry would really not change the state of things right now. I would advise you to really calm down, remove your mind from whatever challenge that is faced with crypto trading, remove your mind from the drop in value of your coin in your wallet while you HODL for a long time and I can assure you that you would be fine in the future as things would get better with time.

It makes sense why op and majority of the crypto investors are worried like crazy. Pacifying them is this way won't work. Its money we are talking about. At the end of the day, many investors have already lost a considerable amount of money.

This is easily the worst year for the cryptocurrency market in recent times and I am pretty confident that the market will continue to sink for the rest of this year unless the ETF proposal gets approved later on this month.
9131  Economy / Services / Re: MOONX Sig & Avatar campaign(FULL) on: September 14, 2018, 05:54:35 AM
Btctalk name: Haunebu
Rank: Hero member
Current post count:  1068+1
BTC address(No BCH): 3NHVD2aUvDqSz1ZU8HhFUjBV8TdDHtCXPA
Wear appropriate signature: No
Wear avatar: No

Will update my signature and avatar if selected.
9132  Economy / Speculation / Re: Why would a rational person pay 6,000 $ for Bitcoin if he can have its ... on: September 13, 2018, 06:22:44 AM
At this point in time, anyone buying bitcoin isn't there for the payment protocol but rather the potential profits they could be making if ever they bought it at the right time. Bitcoin's protocol for payments is still top-notch even with the advent of newer, better cryptocurrencies, and perhaps people are not that naive to buy a whole bitcoin if they don't know what to do with it. I know some people who are buying a whole bitcoin for online payments, and makes sure that it fulfills that duty they intended it to be.

The number of people doing this are few are far between. 99% of transactions are speculatory in nature and this is a huge problem. Really I point to the block reward algorithm as being the main problem. It exacerbates demand shifts by also continually limiting supply more and more as time goes on. This leads to volatility and the boom and bust cycles we experience every few years. The real issues is that with every boom and bust cycle you alienate more and more people because most got in at the height of euphoria. Most of these people will not come back or trust Bitcoin in the future. That means that with each bubble there is less and less new money available.

This is a risk which everyone were aware of when they first stepped into this extremely volatile cryptocurrency market. There is nothing surprising about any of this if you think about it.

Investors choose to invest into this market because of the financial incentive involved and there will always be financial incentive(It is literally a billion dollar market which could become a trillion dollar market in the future).

This is why I would not worry too much about investors leaving everytime a bubble burst since there will always be a surplus of new investors entering the market.
9133  Other / Beginners & Help / Re: Anyone give me some tips for sell bitcoin. on: September 12, 2018, 10:51:56 AM
find some people that knows of bitcoin but hate the ban as much as you do..
ask them if they are having trouble buying bitcoin. they can buy it off you, over a cup of coffee in a safe location where you both cant literally back stab each other while money changes hands to you and a transaction to them occurs

usually best to find someone you already know. rather than some guy you just met. as it could be the authorities doing an undercover sting industry using the same training as propositioning a prostitute/pimp/client
Lol. This is hilarious. On a more serious note, I feel that localbitcoins is the best way to sell your bitcoins through minimum hassle thanks to their escrow system which almost always guarantees smooth transactions.

I have personally used localbitcoins on many occasions and have never once faced any sort of issue with them which is why I highly recommend this site to you op. Apart from this site, you can use p2p trading options on some exchanges.

There are several ways like the ones that I suggested to help you sell your bitcoins whether your government encourages or discourages cryptocurrencies which is what I like the most about this market.
9134  Bitcoin / Bitcoin Discussion / Re: The Identity of Satoshi Nakamoto on: September 11, 2018, 07:17:21 AM
Some says satoshi nakamoto is just a theory to begin with the bitcoin. Some are also making a way that they claim to be satoshi nakamoto. But i think until now, the identity of satoshi nakamoto is hidden for a purpose, maybe for his security of being one of the riches around the world. But for me, whoever he is, we should thank him for making bitcoin possible, and still bitcoin continues until now.

I agree. This is something that most people tend to not focus on. Why in the heck should Satoshi Nakamoto disclose his identity when the prime logic around which this market is built around is anonymity itself?

Whoever he or she is, I don't really care and I like the fact that they are helping the world in such a big way without even disclosing their true identities. This is the quality of a hero in my opinion.

Satoshi Nakamoto is a true inspiration for all of us. Don't judge him/her people. Be thankful for he/she has done for this world.
9135  Bitcoin / Bitcoin Discussion / Re: Leave Crypto? on: September 10, 2018, 12:13:22 PM
Silly title. What are you getting at op? If you wish to leave the cryptocurrency market, the doors are completely open. No one are forcing you to stay. Everyone knows that this is a market with heavy risks and you need to invest only what you are willing to lose at the end of the day.

This is the best way to ensure that you don't regret investing into this market despite knowing how volatile this market truly is. Do your research and secure your funds.
9136  Bitcoin / Bitcoin Discussion / Re: I LOVE PANIC SELLERS on: September 09, 2018, 04:01:43 AM
It is easy to say that panic sellers are stupid and are simply losing huge profits and you can buy what they are selling at low prices, but the reality is that majority of the investors in this cryptocurrency market are panic sellers. People who tend to say such stuff usually end up panic selling themselves and if they don't, there is no guarantee that their predictions would be right in the future since everyone realizes the risks involved with this market. No point blaming people who are simply trying to recover their hard earned money at the end of the day.
9137  Alternate cryptocurrencies / Altcoin Discussion / Re: Gas price on: September 07, 2018, 08:45:54 AM
Any reason for the Ethereum gas price being so high lately?

Maybe due to high loads of traffic on Ethereum network, but just ignore those one since if those one is recommended by the network then it will best to anyone to follow it since it could make their transaction more faster, And if you disobey it and lower down the gas then you will surely encounter a long delays of transaction things.
This could be the most probable reason indeed. The current Ethereum price depreciation might have spooked many investors due to which many of them are dumping their Ethereum leading to network congestion which is most likely why the Gas price is so high at the moment. However, I don't necessarily think that it is too high and it is only a temporary scenario and am expecting it to go back down soon once the market stabilizes again.
9138  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Very soon we will see a new wave of market growth!!! on: September 06, 2018, 06:11:34 AM
The rsi supposely shows that bitcoin is on the verge of a big huge jump so that makes me really happy and when bitcoin goes up altcoins follow. Not when it goes up like couple hundred dollars because when that happens altcoins lose bitcoin value (even tho they stay same on dollar value) so I think when bitcoin goes up like 10k or 12k levels that will result with altcoins following it and even going further.

Making bitcoin go from 7 thousand dollars to 12 thousand dollars require insanely high amount of dollars to achieve however making some small coin like nano to go over to 10 dollars is not that hard because of the volume involved in the currency, so we will see an insane market growth very soon.

I don't think any amount of analysis through charts and other tools help much in this aspect since the cryptocurrency market has traditionally been extremely volatile where everything is so unpredictable which is why I don't believe that Bitcoin will rise back above $10k anytime soon unless the ETF proposal gets approved. This month is crucial for cryptocurrencies in my opinion due to the possibility of the market plunging or rallying like crazy which is why I am watching it closely.
9139  Alternate cryptocurrencies / Altcoin Discussion / Re: How is ETH now? on: September 04, 2018, 12:16:59 PM
The only thing sitting on an Ethereum recovery and all of the altcoins for that matter at the moment, is the current trend of Bitcoin. Everyone is pretty much waiting for the next bull phase with Bitcoin and when that is confirmed you will see Ethereum making a quick recovery.
You stole the words right out of my mouth. This is what everyone including me are waiting for at the moment since this is the only way that Ethereum will make a comeback in the cryptocurrency market. There is a possibility that Bitcoin could rally like crazy before the end of this year if the ETF proposal gets approved. This is why I am HODLING all my coins and tokens for the long term since I am confident that they will grow in the long run once Bitcoin rallies like crazy again.
9140  Bitcoin / Bitcoin Discussion / Re: What is the biggest misconception of Cryptocurrency in your country? on: September 03, 2018, 07:16:26 AM
In India,the government doesn't encourage crypto currencies.Rather the centra bank RBI has initiated all the other banks to close accounts related to crypto trading.T he Indian government is in an idea to launch its own digital coin named as Lakshmi.Also the Indian government wants to totally stop anonymous transactions and for this,its trying to digitalise all payments.So it would not be ready to allow cryptos which are mostly used for anonymous transactions.
This is true, but you are partially right. Based on what I have read recently, it seems that the Indian government never intended on banning cryptocurrencies outright and instead are focused on regulating it while the RBI(Cryptocurrency newbies) decided to ban it in the hope that the crypto would disappear from the 2nd highest populated country in the world.

This turned out to be the wrong move since P2P trading has become popular now which means that they cannot track financial transactions and they have themselves acknowledged that they do not possess a deep understanding of the cryptocurrency market.
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