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9481  Other / Archival / Re: KFC Canada accepts bitcoin on: January 13, 2018, 09:32:50 AM
LOL I wonder how some one will pay for one burger and pay fee in bitcoins. Fee will be like 100 burgers price lol.

Unless this is solved first, I don’t think that having bitcoin as a payment method in KFC would be the best option. Other than the fee being too high, the confirmation time of transactions take too long. Also, the price of BTC is constantly changing. What’s $5 now may not be $5 in a few minutes. Although this wiuld bring good popularity for bitcoin, I don’t think that it’s possible.
This is just for markenting, but it's good for bitcoin as well. But if they started to talk about bitcoin, it's possible that when LN goes live and spreads worldwide, KFC will be among the firsts who develop their system to accept fast bitcoin payments. Until then there's only the markenting, and it works, because we're talking about KFC for 3 pages now on a worldwide forum

Same thoughts, This is just for marketing promotion for KFC, of course we can't deny that its both beneficially for parties involved. KFC beats McDonalds as the first fast food chain to accepts bitcoin. We heard that McDonalds is looking at this options, but KFC is the first. While more and more people will discover what bitcoin is and may try to but those "finger looking good" chicken. LOL. But I think it will not have a significant effect on the price, maybe in the long run it will when Lightning Network comes into fruition. Let's see how it pans out on the fast food industry and if this is successful I'm sure that competitors will likely go on that direction as well.
9482  Bitcoin / Bitcoin Discussion / Re: I'm late! on: January 13, 2018, 09:25:25 AM
I am too late to learn about bitcoin? It definitely yes! Why? Because he available bitcoin is lesser nowadays.  But I'm curious if bitcoin supply will growth. What if bitcoin grow it supply? But butcoin has a finite numbers.

That kind of mindset in the beginning will get you nowhere. How many people claims that they are late when bitcoin price went $5,000 last year? And yet bitcoin goes to $19,000 and then settling at today's price. If those people didn't enter the market, they have lost a lot of opportunity to earn a lot of money. So if I where you I will enter the market as soon as I can and realized your profits later. It's never too late, let me tell you. There are good potential profits in the future. You just have to patience and hold on your bitcoin. Try to enter the market and see how it goes for you, let say in about 3-6 months and get back here and tell us if we made the wrong suggestion.
9483  Bitcoin / Press / Re: [2018-01-12] Japanese E-Commerce Giant Launches 7-Asset Cryptocurrency Exchange on: January 13, 2018, 08:49:30 AM
This is welcoming news, initially I thought that Japan will open up 2 exchanges only. However, I'm very wrong, although its not surprising that Japan is really opening local exchanges as the crypto market is really booming and they are leading the pack now. I'm pretty sure that Japanese and the crypto world in general to see exchanges opening in Japanese as we all know that South Korean market is suddenly turning against bitcoin.

Quote
The company’s announcement of the exchange promises promotional benefits to early sign-ups, including a 1,000 yen account credit and select fee-free operations.

They even have a self promotion. LOL. Japanese really know how to market their product. I think this opening will really trigger another bull run because it will open doors to a lot of Japanese traders who is eager to join the bandwagon.
9484  Economy / Trading Discussion / Re: How To Make Money From The Bitcoin Crash on: January 13, 2018, 08:44:14 AM
when the bitcoin market crashes, the price of almost crytocurrencies go down, and keep patience and watch the market to buy some coins at low price

Exactly, there is the right direction we have to analyze when bitcoin price decreases and even there is a chance to buy Bitcoin for the low price. Not only one most of the coin will go down the price and it is the right chance to buy them at the low price and start making money when the price increases.

2 days ago, the market went all red. Did you guys bought when everything went down? We don't need to analyze here, just look at the price, if its on red, that is a good buying opportunity. Coins going up and down is part of the market, we don't know when will be the top floor price and what price it will relay hit the bottom. But we can leverage everything, you make tons of money if you keep buying in dips. No need to buy 1 BTC, just bought what your money can go. And the technique here is to try to accumulate as many as you can before bitcoin and other coins started to makes it run again.

when the bitcoin market crashes, the price of almost crytocurrencies go down, and keep patience and watch the market to buy some coins at low price
After Bitcoin began to be issued with 20,000 dollars, then the prices for altcoin started to rise again. I used to think that there is no relationship between altcoin and Bitcoin

There used to be relation between them. When one is down and red, the other market flourish and vice versa. However, times is changing. Both of them can have significant bull markets, and at the same time, bleeding. I guess when more people are getting into the picture, rule can be bend.
9485  Economy / Trading Discussion / Re: lost my 80+ token for use etherdelta on: January 13, 2018, 08:35:44 AM
I am only 2 transaction on delta plartform and today i am lost my 80+ token and 300$ ether. Cry Cry Cry.I donot understand what can i do?why hacker are attack general people ?prayer for me

Did you aware the hacking of etherdelta system before you making an transaction?maybe all of us should know about this kind of problem in etherdelta site's thats why they temporary close there platform to repair there protection shield wall agains the hacking system and to minimize the victims of hacking wallet.but i thinks now  the etherdelta site is ready to trade again and back to its normal ways,while about attacking of general people mostly hackers did not define either you are professional or not  as long as  they can  get what they want  to us.

I think he was a victim of the EtherDelta hacking/phishing recently. And as what all you guys says, there's no way for him to recover what he has lost. Recently EtherDelta is a pain in the **s, that's why I stay out trading even better the hacking/phishing incident.

I only hope, you will get more profit  from others altcoin. This is little bit of your neglect, Hope next you will be carefull, Etherdelata several times got attack by hacker and it announced in the twitter.

Such a nice word of encouragement. Yes, the OP should move forward. Nothing he can do, no need to pray here as the coins have been lost already. Just bury the hatches and look for a bright side this 2018. Altcoins is really pumping lately and I hope the OP has regained some from the altcoin markets. I'm sure he already learn a hard and expensive lessons here.
9486  Economy / Service Discussion / Re: http://bitcoin-fund-manager.com/ FRAUD on: January 13, 2018, 08:28:55 AM
Can anyone vouch for this guy? He seems legit. He is on youtube. I want to join his paid telegram channel, but I can't find any bad or good information on the internet.


Does anyone know who he is? He is Korean from what I gathered, and he looks legit, I just want to hear it from someone.



http://bitcoin-fund-manager.com/


UPDATE: HE'S A FRAUD


HERE IT IS ON ANOTHER THREAD. THANKFULLY I FOUND IT. I WAS ABOUT TO SEND HIM 0.12888 BTC


https://bitcointalk.org/index.php?topic=2284101.0





Yes, that guy has been red flagged here multiple times already. Good for you that you made a research before sending your hard earn bitcoins. There are a lot of members here that was already scammed by that guy. I think he has been reported to South Korean authorities already, but I don't know what happened. But it looks like he is continuing with his acts. I just hope that a lot of newbies will not fall for this guy. He had made tons of money, authorities should really track him and send him to jail. Just beware guys especially for newbies out there.
9487  Economy / Service Discussion / Re: CryptoExchang.com on: January 13, 2018, 08:23:04 AM
I was Totally just scammed as well. Didn’t read the reviews at first. Now I lost Out. Sad is there anything I could Do to get my funds back?

Sorry, bitcoin transaction is irreversible. So there's no way for you to get it back.

I just check on the website, and here's what I found:

Domain Name: CRYPTOEXCHANG.COM
Registry Domain ID: 2089439687_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.namesilo.com
Registrar URL: http://www.namesilo.com
Updated Date: 2018-01-04T04:06:38Z
Creation Date: 2017-01-12T06:37:42Z

Although it was created 1 year ago it was updated more than 1 week. I'm not really sure what updates this did, but it looks like it, they either they did some UI updates and redesign it, or doing something from behind,(consolidating the bitcoin they got from scam). So I'm sure that this is a scam site. Sorry for you lost mate. Just a advise, just used Google and whois.net to investigate about a certain website, if you found that they are newly created, that's a redflag. And can't find reviews, well it smells scam as well.
9488  Economy / Speculation / Re: Crypto Market and Wallstreet on: January 13, 2018, 08:12:42 AM
Hi all,

So I came across this artical and wanted to know everyones thoughts..

http://www.businessinsider.com/bitcoin-price-explosion-wall-street-spends-bonuses-2018-1?IR=T ('Get ready for an explosion' in bitcoin as Wall Streeters spend their bonus checks)

Potential big gains over the week or so?

"When Wall Street bonuses hit bank accounts on January 15, I imagine we'll see a crypto buying spree of epic proportions," 

JuneTueadays

Let's see how it goes, but it looks like they are trying to pump the market because bitcoin is on a bearish trend right now. Maybe the author is a investor on bitcoin itself and he is trying to pursued Wall Street people to put money in the market. Though I think Wall Street have already investment tons of money already, and there's no reason to really influence them, they know what their doing. If they are swayed to flock to the ecosystem then good, if not then there's no love lost here. And as I have said, this people are very cunning, and they won't just invest their money without having to get huge profit in return. They can manipulate the price on their favor instantly and then dump it hard. So be careful what we wish for.
9489  Economy / Economics / Re: Bitcoin price fluctuation on: January 13, 2018, 07:40:17 AM
Crypto world is all about manipulation and the price fluctuation everyday is just manipulation from the whales.

Manipulators, Influencers - call with whatever you want, it is the same. Whales are big part of the market, and they can really sway new investors to their favor, sad part is, we can't really stop them from doing this and we either go with the flow or go against them. But we all know that going against them is futile. That's why we need to mitigate the risk of them manipulating the price. If we see that the price is going down, then better hold and buy bitcoin back at cheap prices, and when the price is going up, just be cool don't need to do anything and if you are thinking of selling, better dump it at top price and then re-enter the market again. This is how we should take advantage of bitcoin wild price swing.
9490  Bitcoin / Bitcoin Discussion / Re: Did anyone think about environmental issues of bitcoin? on: January 13, 2018, 07:25:16 AM
As now, the prevalence of  cryptocurrency mining consumes a large amount of energy, have anyone considered resource wastage and environmental pollution issue? Shocked Shocked

Will the environmental issues attract the attention from government or environmental organizations, thereby limiting the mining activities?  Huh Huh

What's with this environmental argument about bitcoin lately? Is this the new wave of FUD going around? We have to remember that there are lots of sources that hurt the environment specially companies that consumes large amount of energy. I agree that renewable energy source should be applied here, but don't single out bitcoin as kind of the biggest contributor of environment because the amount of electricity to mine bitcoin. Maybe miners should look for better options like solar panels and other sources, maybe they won't. I think they are really looking at other ways to tap other sources as well, however, I just find it funny though about how bitcoin is impacting the environment. This is the new set of arguments against bitcoin. LOL.
9491  Bitcoin / Press / Re: [2018-01-12] Cryptocurrency Market In The Green, Total Market Cap Bounces Back on: January 13, 2018, 07:15:20 AM
This news article is already too late. I can see that some coins have already come down from their rallies. We may already be in the beginning stages of a, hopefully short, bear market.



Looks like still all green as per coinmarketcap, EOS gaining ground at 41%, good to see that in the last 2 days, we are heading on a positive direction. But we all know how volatile the market is, the price could swing in either direction. The top 3 coins, (Bitcoin, Ethereum, Ripple) are doing good so far. And still bitcoin dominance at 30%. Usually during weekends, coins are dipping simply because investors are cashing out. However, we are in a new ball park, and what last year shows us, is not applicable in this time. Anyways, I hope that this rally is just the start of a consolidation and a march towards another bull run specially bitcoin market.
9492  Economy / Economics / Re: China and Bitcoin Mining on: January 12, 2018, 07:12:30 PM
Hello All,

Quite new to the crypto game and just wanted your thoughts on this, I'm considering buying bitcoin when the price hits its low aftet the recent news from China.

My question is how low do people think it will drop too? How confident are people that it will recover?

Looking at what happened in Sep-17 it went low but then rapidly increased do you think this will happen again.

https://qz.com/1174091/china-wants-an-orderly-exit-from-bitcoin-mining/

As far as predicting how low price of bitcoin will be, no one can really tell. But there are good TA around here maybe if they are going to chime their expertise, we would understand. But from estimation, bitcoin can go as low as $12,500 before we consolidate and test another bull run. How confident are we if China decided to close its mining farm? Of course we are confident because bitcoin its very resilient. It has proven time and again its ability to recovery from such adversity. Just like what you have pointed out, last September, bitcoin went down significantly, because of the China crisis, but just like before, it recovered slowly and beautifully. China closing its bitcoin farm, will put a dent on the price, no doubt, but you don't need to worry but just hold on your bitcoin and it will just be a matter of time being it can rebound, just like before.
9493  Economy / Speculation / Re: THIS is the time to buy! on: January 12, 2018, 06:53:03 PM
Maybe yes but as i noticed on this moment bitcoin didn't increase and the growth rate still fluctuating around 14-13k i have doubts maybe it will continue to decrease after this scenario i think we should wait for the time when bitcoin rise before we buy more to ensure that we didn't lose profit from it.

Say what again? We should wait to buy when bitcoin is rising? I think you got it wrong. The best time to buy bitcoin or any altcoin is during a dip and then hold on it. And when bitcoin is rising, you should decide if you want to dump it or just hold on it a little longer. If you buy when the price is going up, chances are that you are going to get less profit in your end. That's why we have the golden rule: Buy low, sell high. You got it?

If you have guts to buy bitcoin now that the price is low then go because no one knows what's going to happen to bitcoin in the next months. There's 50/50 chance of having a huge income in the future or getting busted. We all know that all coins are going ups and downs in just a matter of time so the best to do is to become updated everyday because in just a matter of time you can lost all of your money. And risking is just a part of cryptocurrency world, and the more risky it is the better income you can get.

Risk is always there in cryptocurrency. That's why you will hear from those investors who are against bitcoin that they don't want to invest on in because of its volatility. Risk can be mitigated, if you know how to do it. The wild swing really benefit most of us here and I don't think that most of us will just stay away from bitcoin because of risk factor. Losing is another thing, but how you get up is another equation.
9494  Bitcoin / Press / Re: [2018-01-12] China’s Bitcoin Miners Begin Exodus amid Government Crackdown on: January 12, 2018, 06:43:40 PM
This has to be expected, those greedy Chinese should have smell it from afar that the government is really clamping everything that has bitcoin sign all over it. One thing that I'm seeing is that if they are really banning it, the price will be severely affected, just like when they banned ICO and closes their local trading platform. But closing mining farm is different, it will really disrupt the economics of bitcoin. However, there are also news that Japan will get their hands on mining as well. So at least we have another country that will enter the picture. Lately there's news that Bitcoin is looking at Quebec and Switzerland to be their new mining farm. So it ever there's a effect, it should not last long and we may see that bitcoin can slowly recover again.
9495  Economy / Trading Discussion / Re: Buying from ICO or trading altcoin. on: January 12, 2018, 06:34:41 PM
In my perspective, Investing in ICO is much riskier than trading altcoins, specially today. How many ICO's did we see run off with the investors money? Heck the amount doesn't matter to them. One ICO that stuck in my mind is Confido, even for a measly $300K, then suddenly disappear at the face of the earth. LOL. So we can't reason out that because we believed in that project, we are going to invest it in. We should do careful evaluation on it, but sometimes is not enough. They are really good at hiding their intentions at the very beginning. While trading altcoins, has risk as well, as least you have total control of your funds, you can get out easily and just lose few hundreds, but you have a chance to recover it when the right time comes along. So I must say that investing in ICO is riskier.
9496  Economy / Economics / Re: Why do big corporations accept BTC? on: January 12, 2018, 06:26:19 PM
It is because these big corporations are visionaries and they see bitcoin as the future of money. The top 1% of the 1% always gaining control and once they see the price of BTC soaring to the moon, they will cash out and take profit. We must know how to ride with the whales.

Do really big corporations, such as those belong to Fortune 500 companies does accepts Bitcoin? From what I know, there is only a small percentage of businesses that are willing to accept Bitcoin in exchange for services or products, payment method likewise. And the majority of this small group compose only of small to medium enterprises. Financial institutions such as banks in general are hesitant to consider Bitcoin as a currency and are now taking actions to make people reconsider investing with Cryptocurrencies. If a normal individual who chooses to stay and be contented with fiat money, I do really doubt that corporations will ever engage with these digital coins or let BTC alone.

Big corporations are still not into bitcoin as far as a know. And those who are into it, are making just a investment and not accepting it as payment or such. We have heard Microsoft lately, stop accepting it, however, they got some kind of payment processor, I assumed Bitpay to handle their bitcoin transactions. I have to agree that bitcoin should be the future, that's why a lot of financial institutions are really interested on it. 2017 show's how bitcoin popularity surges, that's why they can't ignore it and join. However, for the Fortune 500, I haven't heard much noise, and I doubt that they are into bitcoin to exchange to fiat, but just like the rest of us, they see at a investment platform.
9497  Economy / Speculation / Re: Reasons why Bitcoin is droping: on: January 12, 2018, 06:17:08 PM

Reasons why #Bitcoin is droping:

- Not a single rebrand since 2009
- No "huge news" or "strategic partnerships"
- Not enough airdrops
- Not enough PhD graduates on the team
- Team not doing bounties...
- Logo is not cool
- Satoshi is not being communicative

This was tweeted by person named Crypto Rand, what do you think about his tweet . I think these reasons always exit but Bitcoin is still very expensive, I would like to know your thoughts on this

 


I'm not going to take the reasons seriously. Its utterly garbage for me. The reason for the price of bitcoin getting stalled ad of today because of FUD. What has the LOGO something to do with the price? Satoshi has not been in communication years ago already. Bounties? WTF? He is just trolling. I would have agree if the authors say about the cost of transaction is really affecting the price, but the reasons above? Nah.. We have to remember that the market is based on pure speculation. If there is a negative news, verified or not, investors will shy away from flocking to the market. Read all about the South Korean FUD and decide for yourself if the news contributed to the roller coaster ride that we are experiencing.
9498  Bitcoin / Press / Re: [2018-01-12] Over 100k South Koreans Petition to Stop Crypto Ban, Fire Ministers on: January 12, 2018, 12:21:30 PM
The point here is that there are people in South Korea that loves crypto and they have something here to say to the government. I'm still confused if whether they are going to make a U-turn just like China did, but South Koreans are a big boost to the ecosystem. But if they did, then we will suffer again as what we have seen when China moves out, but in short term. I think what the government wants is to have control of the situation and the market prices, specially local trading platforms. They should instill strict regulations to at least control of everything and see how it goes. Its the South Korean bitcoin community that will be severely affected by the ban, if the government pursue it. Again we may suffer a slight dent on the price, but it will be temporary only because we still have the full backing of Japan and other friendly bitcoin countries.
9499  Economy / Speculation / Re: Bitcoins Next Stop $50,000 on: January 12, 2018, 12:07:16 PM
Well A lot of people right now doubting and doesn't have faith in bitcoin anymore that it can make a big come back, And a lot of investors was scare of the increasing fees on the transaction after every increase bitcoin did, And I think a lot here have heard of the lightning network that would solve that problem, But that is not implemented yet but let's just hope it really solves that issues, And I am positive that we can reach the $50,000 this year I can not tell when but this year can be a sure speculation for that value.

From the looks of today situations, getting $50,000 this year will be a big hurdle for the market. As you have mentioned, investors are really scared to pour this cash right now because of the current scalability issues that aren't resolved. Lots are complaining and expressing displeasure, you can see lots of newbies opening thread about it and to be honest we can really blame them. Yes, we are all putting all the weight on Lighting Network to really resolves all the problem. However, its not yet implemented so we might see bearish trend until such time that they are going to roll out LN as sideways. And then with the renewed interest from investors, we might see at some point in time that the price is going to $50,000. I hope that we can do it this year, but I will remain bullish as well and optimistic we can, barring all issues and FUD's.
9500  Economy / Economics / Re: BTC is a roller coaster on: January 12, 2018, 11:53:01 AM
Of course it's a roller coaster, and if you know how to ride, this will bring you a lot of gains.
The extreme volatility in these days allows a profit even with little capital, if you have day trading proficiency.

This wild price swings makes bitcoin what it is. It's not for the roller coaster ride, I think bitcoin will not survived in its early years. And yes, we should learn how to ride it, otherwise you will be lost along the line. Look at how those early adopters are, if they didn't go with the waves specially when the whales started to come in the picture they would not be millionaires by today. They have find a way to make this roller coaster ride on their favor, and I'm sure by now we can also think that way. Like when we see that the price is going down, no need to panic buy to buy. And when the price is really at the top price, dump few bitcoins and try to re enter the market when it goes down again.
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