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9361  Other / Beginners & Help / Re: for jr member joining campaign/bounty on: February 16, 2018, 12:50:12 AM
i do really need help, can anyone can give me instruction how to join campaign/bounty. im stock in putting avatar and codes. thanks for those who will help me. thank you so much godbless Wink Wink

You have reached Jr. Member status and you still don't know how and where to look at? It makes me think that you are not doing your homework and want members here to spoon feed you with everything. That's not this community works. Of course we can do all the help, but if you are too lazy to go around and see how this forum works then its better for you to dig more and learn how the system operates. We are all newbies from the very beginning, but most of us learn everything from scratch. And Theymos started the merit system to let members here post high quality content, not just one liner that contributed to the spam and just to earn from signature campaigns and bounties. Are you up to that task?
9362  Bitcoin / Project Development / Re: Looking for feedback: I have built a cryptocurrency news web scraper on: February 16, 2018, 12:05:51 AM
Yes, the idea is good but as what others have said, you can improved the design and layout better. The display is not perfect as the scroll bars is hindering some of the data. And I checked it on IE, and  to my surprise no data is loading. As for the mobile phones, the data all loads and looks fine. I guess just a few tweaks will really do good. Make it more attractive because its really looks like the old and traditional website we can seen like in year 2009-2011  Grin. Hope that you take this criticism constructively.
9363  Economy / Economics / Re: Terrified Of Bitcoin - Banks Forced To Innovate For First Time In 40 Years on: February 15, 2018, 11:38:00 PM
Wow, quite surprised that ZeroHedge published this article. They are really known for their anti bitcoin stance (they are more on gold). This is one of the few that the author changed the tune. However, I'm not surprised at all with the Australia moved since they have embrace bitcoin and crypto since last year. Its good to see though, and I hope that this can set precedence in a worldwide scale. And they really knows how bitcoin should really works, fast, seamlessly without borders unlike traditional banks which take days to move and transfer your funds, and if you need it immediately, you have to pay more. Yeah, I guess this will be really the trend once crypto find its way to other nations but I'm sure that there will be strong resistance from the old, boring traditional banks. And if banks doesn't keep up with the trend, sooner or later they have do otherwise they will lose billions of revenues.
9364  Economy / Speculation / Re: Do you believe in TA for cryptos? on: February 15, 2018, 11:25:44 PM
I'm not that Technical to begin with, I just know few basics so I must say that TA doesn't work in a very volatile market such as crypto. But its a good guide though and I saw one market analysis before (I forget her name), that predicted the price of bitcoin going down because of her analysis. This is weeks before the China closing its exchanges and subsequent FUD's following that announcement. I'm sure she is no fortune teller and didn't see the China crisis, but her predictions "accurately" pinpoint that the market will plummet based on the chart she graphs. So for me TA is 50/50, it can go either way.
9365  Bitcoin / Press / Re: [2018-02-10] The IRS Takes Its Tax Evasion Hunt to the Blockchain on: February 15, 2018, 11:09:35 PM
Bad news for those who buy on an exchange as their coins will start to leave a trace.

It's an expected development in this market with more regulations being enforced by authorities. It won't take long before people who don't pay their due taxes to regret having fully verified themselves there. I have even considered once to ask if the exchanges I am verified at offer the possibility to delete my account with all my personal information. I can't seem to find anything in their TOS, so I have to email them for real in the coming days to ask what the options are. I am actually worried, because an exchange can easily be forced to hand over user information with all trading and deposit/withdrawal logs.

Correct. Even crypto trading South Korea has implement such schemes already. They are now sharing exchanges information to their local banks. Its one way that the government can track and hunt you down for not paying taxes.

As for the US, its been reported already that only few has filed taxes for their crypto earnings that's why they step up the plate and used blockchain and tools like blockchain analysis to look for those tax evaders. Just a matter of time that US citizens can be caught, penalized and fined heavy for their crypto wealth.
9366  Bitcoin / Bitcoin Discussion / Re: European Central Bank: It is not our job to Regulate Bitcoin on: February 15, 2018, 10:38:36 PM
Well this statement is a big slapped on the face of countries like France and Germany who hates bitcoin and cryptocurrency, even demanding in G20 a joint proposal to regulate it.

https://www.reuters.com/article/us-global-bitcoin-france-germany/france-germany-to-make-joint-bitcoin-regulation-proposal-at-g20-summit-idUSKBN1F728X

Quote
“We will have a joint Franco-German analysis of the risks linked to bitcoin, regulation proposals and these will be submitted as a joint proposal to our G20 counterparts at the G20 summit in Argentina in March,” Le Maire told reporters.

I'll consider the statement European Central Bank (ECB) President Mario Draghi  as a win for the crypto enthusiast, although I was surprised by it. I really thought that they (ECB) are very against it, but guess he really knows that crypto is not that disruptive as other is trying to picture specially bitcoin. And I'm also against France and Germany calling for a joint and universally crypto regulations. They can't force a crypto friendly country such as Japan or Belarus to follow such stance.
9367  Economy / Speculation / Re: Bitcoin looks above $10K, may resistance await ? on: February 15, 2018, 10:11:14 PM
Bitcoin looks above $10K, may resistance await ?
Yes, the bitcoin  has met resistance when back to $10000, but I think it will not hinder the bitcoin of 10000 so far a long time, it will top $10000 soon, quickly back to $12000, let's hope for the recovery of the bitcoin

Its already recovered from the bottom already. What we are seeing is that it could trigger another bull run in the coming days. As I have said in the previous thread, $10,000 is critical if this can be broken and sustainable we may see bitcoin never looking back at the 4 digits ($xxxx) for a long time. Let's continue to observed how the price will go from here. I'm seeing some resistance but not that heavy though.

Bitcoin is now above at $10k and I think it will reach $12k for this week as a speculation this will take slowly like it did today. After it reach $12k it might fall down again in a bit but still bitcoin will recover again as we see in the past few week. Always look for a brighter side that bitcoin will rise again this year.

If $10,000 could be broken and sustainable, then $12,000 will be the next target. But its too early to say that we can touch it this weekend. I would rather see bitcoin making a steady gains, compare to a sudden price surge which will result to a sudden plunges next. Though this is really a good sign that we are out of the woods now.
9368  Economy / Trading Discussion / Re: Market to ath again on: February 15, 2018, 04:59:37 PM
What is your take on the market conditions? Do you think we are seeing this bullish trend (from the bottom) keep going to ath again, or do you think resistance will hit the uptrend back again?

What price levels are you watching?

I am watching 12k, but I am very bullish on the market right now.

Critical for me is $10K, which can be easily touch in the next couple of days. I'd say its critical because if its broken then we call say that the bulls is back at the driven seat and maneuvering into a direction which is very favorable to all of us. As for the all-time-high, we all know at the back of our minds that we are going to set a new one, the question is when. And this bullish trend that we are currently witnessing is a sign that investors are flocking into the market scene again and the waiting game is over. Previously we have seen a one step forward, two step backward sort of trend. But starting last week the mood has change and up to now the price is going upward. So in conclusion, $10K for me to watch, if broken then all-time-high will be met in the next coming months.
9369  Bitcoin / Legal / Re: South Korea & China's Central Bank on: February 15, 2018, 04:44:19 PM
I have got this news from news.bitcoin.com but I can not seem to find the link to it. However, I think you are right. Any insight from China is going to be negative. If any progress occurs regarding this all of us are sure to receive press releases from everywhere. 

I think its better if you provided us the link so that we can read and comment on it.

The South Korean Minister of Strategy and Finance has met with the governor of the People’s Bank of China to discuss and share economic policies including cryptocurrency countermeasures. While China has imposed strict regulations on cryptocurrency trading, including closing down domestic crypto exchanges, South Korea has adopted a less strict approach with successively releasing countermeasures for cryptocurrencies. However, closing down crypto exchanges has been avoided so far. At the National Assembly Planning and Finance Committee meeting on Wednesday, Kim pointed out that there may be a problem of underground transactions and foreign currency leakage if exchanges are closed. Cryptocurrency exchanges are not financial entities in Korea; they fall under the e-commerce law. In contrast, Kim noted that, in Japan, they are managed by registration with the country’s financial authority. South Korea re-iterated that Cryptocurrency exchanges are not financial entities in Korea; they fall under the e-commerce law. In contrast, Kim noted that, in Japan, they are managed by registration with the country’s financial authority.

And other main difference: South Korean government heeds and listens to their constituents as opposed to
China wherein they have total control and people cannot freely expressed their opinions. As you can recall theirs a petition from the South Korean not to ban crypto and anything crypto related, and immediately the Finance Minister suddenly changed their tone and said that they have no intention to ban or suppress crypto currency.

https://www.ethnews.com/south-korea-responds-to-cryptocurrency-petition

Let's see how it goes but I believed that they will not put a hammer ban, however, they will implement a tighter regulations like sharing information with their local banks.
9370  Bitcoin / Press / Re: [2018-02-15] Austrian Bitcoin Scam: 10,000 Victims Lose 12,000 BTC- $115 Million on: February 15, 2018, 04:33:18 PM
Austrian Bitcoin Scam: 10,000 Victims Lose 12,000 BTC ($115 Million)

An alleged scam involving investments in bitcoin in Austria has reportedly affected over ten thousand investors in the country and around Europe.

https://www.ccn.com/austrian-bitcoin-scam-10000-victims-lose-12000-btc-115-million/

Well it looks like a Ponzi run scheme from the very beginning.

Quote
A Die Presse report reveals investors were lured by the promise of soaring returns of 1.5%-4% per week on their deposited bitcoins. Investors were also rewarded for bringing new users into the fold.

Its gonna be a expensive lesson to learn here. But its very clear that this is HYIP, and if those investors are not that greedy and learn to do their homework, they wouldn't be scammed or could exit early and get back their initial investments with little profit. They probably re-invest that's why the Ponzi was able to run successfully until it collapses when no money was coming in. Good thing though that the perpetuators have been identified and it will be just a matter of time before they can be arrested and put to jail. Although this is another negative news but I do hope it will not make a bigger impact because bitcoin is currently on a bullrun.
9371  Bitcoin / Press / Re: [2018-02-07] What Reasons Are Left to Buy Bitcoin Today? on: February 10, 2018, 05:07:14 AM
The same one like before the dip, Fear Of Missing Out.
Who wants to be left outside looking in.?
Considering that it might take off, once again.



Actually it has started to take off once again. Anyone not joining the hype train will be left out. There's nothing new in this articles. Same old, same old. I really thought that I can find something "new", I guess media outlets today are just full of garbage. You don't need to be a rocket scientist to invest into crypto or bitcoin. Yes, I agree that during the "irrational" investors pumping bitcoin, buying at top price. However, they have learn their lesson, very expensive that crypto is not really a get rich scheme. We should all look at investing long term. This is the best way to really profit. Its been all over the place. I still don't get it why people thinks otherwise.
9372  Bitcoin / Legal / Re: India and Bitcoins on: February 10, 2018, 04:04:07 AM
In India, Bitcoin is not a legal tender. But it is not explicitly termed as illegal. What is the reason for such a stand by Government? what are its implications?
Yeah bitcoin is not a legal tender in India but it is still not officially banned in India either. The reason why it could be at stand by could be that they want to warn people who are trying to do scams or are trying to do money laundering . I think they Would not ban bitcoin but they would imply some restrictions which could eliminate the chances of fraud and money laundering.
I think bitcoin is not legal tender for india but new tender for india, they are working on it and I hope they will come up with solution of legality of bitcoin.

What kind of solutions do you think the government is eyeing for? What do you mean new tender? Personally, India will not make bitcoin and crypto legal, however, they might impose a tougher regulations. Remember they have to demonetized rupees for quite some time because they want to curb out the dirty money. So imagine what they gonna do with crypto's. I think its much better to see them regulated it the way other nations like South Korea is doing. India is a big market for bitcoin, if they decided against it, we will see another huge impact to the current market.  Let's see how it pans out, but I'm betting that they are not going to put a hammer ban.
9373  Economy / Trading Discussion / Re: What is trend Now? on: February 10, 2018, 03:45:46 AM
I find the current trend is to hold coin worth, trading habits should change because it is really complicated and difficult to bring profit, stay away from the ponzi model and lending ico. That is my advice, and you, see the current trend like?  Huh Huh

What current trend? This has been a old adage here in the community. Hold dearly for long term. That's how bitcoin made a lot of millionaires here. Trading habits? you mean day trading? for beginners its gonna been a pain, but the main thing is how to learn from your mistakes and moved forward. As for ICO, 90% of them are scams, I'm sure that the community is already aware of the current situations and they are very careful investing. Personally, I already stay away from ICO, I'm not been scammed or what, but I don't want to take the risk to lose my hard earn crypto. Long Term HODL for the win.
9374  Economy / Gambling discussion / Re: 2018 NBA Season on: February 10, 2018, 03:34:01 AM
To be honest, I'm quite surprise to see Lakers did let go of Jordan Clarkson, I initially thought that they are building a "franchise" around him.
I'm thinking that he's this generation's Kobe Bryant but well things are changing from time to time and NBA is a big business so whether we think that they will franchise through JC the decision will still depending to the management itself.  Embarrassed
But I hope this will make him play better on his new home.

Oh well everyone is really dispensable in NBA its still business although he was really brought up to be the heir apparent to Kobe in Los Angeles, maybe the management thinks that he is not up to expectations that's why he traded. Love JC though, following his career but sad to see him leave the Lakers jersey.

To be honest, I'm quite surprise to see Lakers did let go of Jordan Clarkson, I initially thought that they are building a "franchise" around him.
I'm thinking that he's this generation's Kobe Bryant but well things are changing from time to time and NBA is a big business so whether we think that they will franchise through JC the decision will still depending to the management itself.  Embarrassed
But I hope this will make him play better on his new home.
For me it's still a good thing that happen to JC he will now playing with the king just like how he did when kobe still there he became famous backing up kobe and build he's own name if he can also blend this good chemistry with the king then future will be bright for him, cavs let go their 3 big name players, thomas,wade and rose  and replace it with a younger players who also building their names respectively, for sure they are still aiming for the title as long as the king will stay healthy.

Let's see how it goes, time to proved his critics wrong. I'm looking forward to make his name with Sacramento Kings, he is still young and plenty to mature. This is his second chance and I'm sure that we will make the best of it. Wishes him the best, at least he stay on the West side.  Grin
9375  Economy / Speculation / Re: $9,800 will be the target for current uptrend, bullets are fired. on: February 10, 2018, 03:22:31 AM
Looks like we are attempting to break into the $9,000 barriers. It will be just a matter of hours, it the current trends continue, to see it broken. I really like the sentiments for now, slow by steady is now the name of the game. We don't need a sudden surge then ended up with huge drop. I would rather see two steps forward, then step backward. And I would also like to remind everything not to think about the $20,000 price. Not yet. Its gonna take a lot for investors to push around that price. For now, I can say that the crisis is over, we can all breath a sigh of relief and see the price going up in the next weeks or so.
9376  Bitcoin / Press / Re: [2018-02-09] BBC: Russian nuclear scientists were mining BTC on supercomputers on: February 10, 2018, 03:14:21 AM
The point here is that they take advantage of the system to their own benefits. I don't think that they are underpaid, they are scientist and I'm sure they have been paid handsomely by Putin to keep their Nuclear System up to par. So I really doubt that they can get away it, heavy punishment is to be expected to be handed down. IF they are students, you will understand it, but scientist? I don't know what logical reasons for them to mined except for financial gains. Greed really takes over, even for those we really think are the most intelligent person around.
9377  Economy / Economics / Re: Bitcoins, Support and Hates on: February 10, 2018, 02:11:46 AM
Known, currently Bitcoins has penetrated into the top world money managers.

The presence of crypto currencies provides a new color in the world of financial investment. From some major media, attached some opinions of famous people who took part in investing Bitcoins. Profits, of course this is the main purpose of the top people looking for potential business.
Many of these businessman who support Bitcoins to exist and acceptance become a major commodity in the stock market for long time, but many others reject its presence because it can damage the existing system of bank order, which will disrupt their economic stability.

Sunil Subramaniam, CEO of Sundaram Mutual Fund, which believes bitcoin is a pure trading thing, which is not backed by any fundamentals and the world needs it. Subramanian said, adding “the world needs something which cannot be held, cannot be traded but only reflects the flow of money -- a flow of thoughts in a particular price.”

Source Sunil Subramaniam Opinions

Based on the opinions of many prominent economic experts who support Bitcoins, it makes easier to introduce Bitcoins to colleagues and our friends now. Some others are still afraid to get learn Bitcoins because FUD news that requires more logical explanation. What do you think?




Based on my experience, I'm having a hard time introducing bitcoin because the media has already put it into the bad light. Everyone keeps saying that is a Ponzi, blah blah, but when they ask me where do I get my money, simply say bitcoin. Looks like the damaged has been done already and I don't know what we need to do to change how people look at bitcoin and crypto for that matter. That's why I completely state telling my close friends about it, they don't want to put money where they can't physical hold, well that's one of the drawbacks I always got from them. However, I'm making money and they are not so its least of my concern now. Grin
9378  Economy / Marketplace / Re: Biggest upcoming or ongoing blockchain projects on: February 10, 2018, 01:50:27 AM
Anyone? Shocked

Hey there, I know that Oracle, Microsoft and IBM is looking at Blockchain are adopting distributed based ledger across. So maybe that's a good way to start.

Have you heard that their a Blockchain and Bitcoin Conference next month? Maybe that's also something that you need to look at. (https://www.ico-list.com/Index/detail/id/438.html)

I also found some ongoing projects here: (https://htmlcoin.com/ongoing-projects/)

And i have been following this website for quite sometime now, specially latest news about fintech, although its not purely blockchain based (https://www.finextra.com/)

Hope this helps in your research.
9379  Economy / Speculation / Re: Will bitcoin continue to fall to $ 6,000$-5,000$??? on: February 10, 2018, 01:22:29 AM
Will bitcoin continue to fall to $ 6,000$-5,000$?
Yesterday bitcoin has fallen below  10,000$. Today bitcoin continues to fall deep down to 8,200$ and possibly more.
I bought bitcoin at 15,000$. Who can advise me to keep or sell bitcoin at this time? Will bitcoin continue to fall to 6,000$-5,000$? what should I do? please.. Sad Sad



You've open this thread about a week ago and how does it feel right now? Bitcoin is already marching towards $9,000 so I think your questions have been answered already. Although bitcoin has fallen drastically to more than 50%, it is somewhat on the recovery phase. I really do hope that you still holds your bitcoin that you bought at that price because there's nothing you can really do what waited it out till the price goes up again. The price will recovered, but don't expect it to happen very quick. I have a feeling that investors confidence are back but it will took a long time because we can it see touches $15,000. Keep calm and patience is the key.
9380  Economy / Speculation / Re: Always Look on the Bright Side of Life on: February 10, 2018, 12:57:31 AM
Bitcoin was never a bubble and only those bankers who want to buy cheap bitcoins keep on spreading such statements to create panic on market.
The one who will hold for next few years gonna make more than what those will make who will sell whenever there is small dump in price.

Problem with people calling Bitcoin a bubble is that they firstly, don't understand why Bitcoin has value in the first place. Secondly, people calling Bitcoin a bubble purely base their 'logic' on how traditional markets move and operate. I watch financial news every day, and even how the stock markets have gone up in the last year, they consider it to be a bubble that's about to pop as well. If they already see the stock market as a bubble in current times, imagine what type of bubble Bitcoin is from their perspective.... Bitcoin will continue to break through all traditional market logic aspects for many more years, which basically means that Bitcoin will continue to be a massive bubble for them. 'Never' ending bubble. Smiley

And to add to that, they keep on comparing bitcoin's bubble to other bubbles to all other bubbles in the history of mankind. It is flawed at the very beginning because its really hard to compare bitcoin which has a limited supply. We have never seen such market before, traditional stock bubble or even the tulip mania back in the days has unlimited supplies that's why the bubble burst when everyone decided to plant their own tulips. LOL. As for bitcoin being a bubble, its gonna be cyclical, the price push to its limits, then burst, then take a break and what follows is another bubble.  Grin
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