Here we go again. The mainstream media dipping their nose in Bitcoin. They love it now because the price is still going up and they will hype it like they did the first time. The next thing you know when it is being dumped the same mainstream media news sites and companies will say how Bitcoin is bad and all other lies just to sensationalize the news.

I believe this will start a new trend. All mining pools will start their own transaction accelerators complete with a message of their own Bitcoin political agenda.

Segwit supporters, what are you waiting for? Do it and say why your accelerator is better.

Franky1, it would be nice if you answer my question in the post I made before this. I would like to know what you think because I value your opinion even if we have different views and opinions sometimes. Thanks.

Yes I know that. All banks are not Bitcoin friendly in case you did not know.

Have you tried using Localbitcoins before? Some of the traders there do over the counter deposits in the bank accounts of who they are trading with and vice versa. Go look into it before you close your mind on the idea.

Even if it means that you will lose a big part of your capital in the process? That would be a big mistake if you follow investment advice from unknown people in the forum who mostly does not know what they are doing.

But what if the platform itself is not scalable and cannot work as promised? These concerns are already slowly being voiced by some observers but they are not recognized by the developers. Instead the developers keep saying that Ethereum will work as promised but there is a chance they are hiding the truth. How would you classify something like that which is still hanging but know that there is a big chance it will not work? Ponzi or not?

Again it is all politics. Gavin started playing the game when he started campaigning for XT. Maybe he thinks he can reenter the scene when the network does the hard fork to Bitcoin Unlimited. All their moves always have a hidden purpose.

If you think about it both sides are doing the power grabbing depending on your point of view. On one side it is Blockstream and on the other it is Roger Ver and the Chinese miners who are supporting Bitcoin Unlimited.

If it come from the amateur traders here in this forum, it would be better if you do not see it. What they come up with is useless and it mostly causes you to lose your money. Deep down they know they do not know what they are doing. They are only following what they have read in a book, from a forum or an instructional video on youtube.


This cannot be stressed enough.

This brings me to this question. If an ICO coin or token has serves some actual purpose in its own platform like how Ethereum is used for "gas"to run smart contracts in the platform, would you say that kind of "use" is justifiable to not brand it as a pump and dump or ponzi scheme?

Or not a mini bubble but a Bitcoin price that is over $1300 and climbing fast to $2000 if the ETF gets approved. Deanero, if you are planning on buying Bitcoin after the ETF approval why not take a small to medium risk now and add more later if the outcome is positive?

Then it would be a good thing to ask your bank, that has the account intended for your Bitcoin trades, if they do allow the reversal of over the counter deposits. As far as I know they are not allowed because that raises a lot of opportunities for fraudulent behavior.

If you are trading with people who are located from within your country why not open a bank account with the biggest and most popular bank and accept only over the counter payments that can be made by making the deposit in your bank account. I am sure branch to branch deposits are allowed in your country. All the buyer needs is your name and bank account.

Yes. The price might be reflecting the anticipation of the SEC's decision on the Bitcoin ETF. Honestly I wanted the price of Bitcoin to go down so I could buy more but since we got to this point, I now want the ETF to be approved. I want to see a $2000 Bitcoin by June or July.

The fact that the price is still climbing, do people here not think someone already knows that it might be surely approved and he is buying every Bitcoin he can right now?

Why are they singling out Charlie Shrem? There are other ICOs in China that also deserves the same kind of attention. There is this new big ICO called Qtum that was featured in Coindesk a few months ago and it has formally announced that they had $1m in VC funding. They are also claiming that Roger Ver is an investor.

If you check their ANN thread there are a lot of dishonest stuff being exposed there. The lead developer or something was involved in an altcoin scam and ran away with hundreds of Bitcoins. The Chinese lawyer should question them too without bias.

Have you not been watching? Gold spot price is at $1245 while Bitcoin is steadily rising and at is at $1226 if you base it in Bitstamp price. But some exchanges are higher so technically it has overtaken gold. You can see all the prices of Bitcoin in Coinmarketcap.

http://coinmarketcap.com/currencies/bitcoin/#markets

I did not expect this new price rise to happen again this soon. So let us ask _nur again to spend another 2 hours to create another projection on where the price of Bitcoin will be.

This proves my point that the people who like to show off their charting skills are usually amateur traders looking for validation while the real traders are very quiet and are making money.

I admit that I still try to wrap my mind around the technical discussions about Bitcoin but knowing that there is politics involved here still makes me doubt what the hard fork to BU, Classic or XT is really all about. There has to be something like a power grab here. Also the argument that the Bitcoin Unlimited developers are not as good as the Core developers and contributors deserves notice.

The problem with Bitcoin Unlimited if it "breaks" is it will have "not as good" developers. All they great thinkers in Bitcoin is at Core and all the good contributers support Segwit in my opinion.

I will have to look into that later before I can make a comment. I do not even know what "komodo" means except for the giant lizard found in Borneo.


Of course. A real compromise must take place. From what I heard activating Segwit and then a hard fork to larger block sizes is good because Segwit fixes many issues Bitcoin presently has. 

Then why do the miners avoid activating Segwit or do the hard fork to Bitcoin Unlimited? Instead it is possible that someone from their side is spamming the network. Did last year's halving hurt their profit and earnings?