Indeed, the tittle said; Financial Authority "Prohibition of Funding through Foreign Currencies (ICO)Actually, it will not be the same as China ban ICO, as Korean really support cryptocurrency and has issued regulations about bitcoin and exchanges. Most countries still allow ICO, and government just trying to protect investors as precaution act from scammers or fraud activities. Strict regulations will ensure every company or project which intend to collect funds from investors have to fill few documents to make sure they are legit and meet the requirements. |
|
|
|
|
Freebitco offer to mining through we browser but you need a high-end super computer and stable internet connection, but it seems inconvenience.
Personal computer without good hardware to mining bitcoin will not enough, you need ASIC hardware to mining and it costs thousands of dollars. So, I do not recommend to run your computer for hours and let a site to take advantage from your internet connection and browser.
|
|
|
|
Soon or later, a country should regulate bitcoin an exchanges due to trading volume getting bigger as time goes on. As long as government doesn't ban bitcoin and people could trade in exchnges, even though it was stated as illegal, not to be used as medium of payment, it doesn't matter. Actually, Chinese people still have 2 biggest exchanges to trade cryptocurrency until the end of October, so the cat still in the bag. |
|
|
|
Im curious but are there trading secrets that experienced traders or smart traders have where they dont disclose to the public?
We all know the buy low and sell high concept. But are there traders who know a few things where regular ppl or even advanced users do not know?
And thus if they reveal these secrets, it would hurt their bottom line as other ppl would do the same?
For example in sportsbetting, there are very smart guys who have very smart angles etc. Now obviously they would not reveal these secrets or plays because if they do, ppl will all know about it. Sportsbooks will be aware of it and make adjustments to the line.
So im wondering if there are secrets in trading coins that very few ppl know about and where disclosing it out in public is not a good idea.
Yes, there are few secrets in trading that will not be disclosed to the public, as you said; it is not a good idea to disclose it. It comes from traders or trading platforms, they have one or another way to get more profits in trading. There are few traders who could get more information about a coin development or will be listed on an exchange or a pump group will invest in it, that will be a good information for few people but not for everyone. |
|
|
|
If wallets and services start upgrading to SegWit, yes probably otherwise It may take sometime and don't forget about SegWit2x, even though people now understand that a chain split is nothing to be afraid of (just like BitcoinCash case), I believe we will see a price decrease like in the last time, mostly due to people spreading FUD.
Agree, traders and big whales may spread misleading information about November hard fork to shake down the market and create another panic sell. But, there is possibility that bitcoin price will tanks as people already used to it due to free bitcoin cash which create another source of income. This time we may have bitcoin gold as the result of segwit2x hard fork, nothing sure about it and we just have to wait until the time has come. Meanwhile, bitcoin price seems increase a bit even though still fluctuate, but constantly recover to $5000, I am sure bitcoin could reach the last ATH in October. |
|
|
|
I have been sitting on a good idea for a few years now and would like to share the idea for comments but I'm worried that someone will do it themselves. Is there any way of protecting the idea?
It is a funny thing that you have been sitting on the idea for years and still there is no implementation? If you can get copyright in someway, you may can protect your product, but it may be impossible to protect the idea as anything in this world have similar copies. There is no 2 bitcoin, there is no 2 ethereum, but people could create similar crypto but not plagiarized all the codes. |
|
|
|
|
Still unclear about it, whether people could still mining bitcoin, trade cryptocurrency and exchanges still be able to run their service.
Most countries doesn't support or consider crypto payment as illegal but citizens could trade bitcoin-altcoins and transact using bitcoin but deal with the risk without government support if something goes wrong or scam happens. As long as bitcoin mining could work in Russia and exchanges/trading platforms still legal to operate, nothing to worry about ban crypto payment.
|
|
|
|
I think 70% of the members here seek a chance to get space in a signature or bounty campaign.
Making your bounty limited to a few participants may make most applicants feel disappointed.
It is appreciated if you can keep payments on average so that maximum number of members can join.
What you can advise on the basis of the fact that the company of generosity will be about $ 200,000 If the average divided by $ 100 per participant, then this is 2000 people May I ask, what kind of company? any further detail? It is about advertising your company? or invest in your bounty company? I assume, you want to advertise your company. 250-500 people are enough to advertise your company for months, instead of hire 2000 people which is could lead to so much spammer everywhere. However, you can discuss it with trusted manager in this forum, to calculate it. But, you said the requirements will be high, what are the requirements? |
|
|
|
profit is important but not the most important thing. there are lots of things you need to consider. like how much risk your investment has. the risks of bitcoin investment is a lot lower than any other altcoin.
Obviously, that's why people who can deal with the risk to invest in potential coins could get big profits compare to layman with weak hands. The risk to invest $1000 in ethereum maybe bigger than invest in bitcoin, depend on current market condition, but it's worth to try. besides if what you explained here is all the logic you need to invest in something then i can bring 100 examples of things that are 10000 times better than ETH because they could have given much more profit!
example: HTMLCOIN!
it is literary a shitcoin. the value was 0.1 satoshi (yeah it was literary worth less than 1 satoshi) and went up to 15 satoshi. that is a 14,900% profit
your $1000 investment could have turned into $150,000
so with that man's logic HTML5 is the best investment!!!
you are right, that's 1 example. I am waiting for another 9999 examples which better than invest in eth. Many people dare to invest $1000 into bitcoin or ethereum, but who want to spend so much money into shitcoin? Traders could manage to get profits from HTMLCOIN by beating other traders, but won't put so much money in it. |
|
|
|
|
I don't think so, the bear market will last for a while in Q4 of 2017, it will end if FUD is stopped, mainly about China regulations, and Jamie Dimon words mean nothing without ban news from China. OKCoin and Huobi will halt all trading services for local customers by the end of October and uncertain hard fork planned on November which mean; bitcoin price will fall down in the mid-end of October, or maybe not at all.
We have entered the end of September, bitcoin price at $3939, slowly increases, headed to $4000. Maybe could reach $4500 in October before another dip happen, uncertain price in November, but will recover by the end of this year.
|
|
|
|
|
Naturally, bitcoin is better than eth for long term, and you may say; in every way bitcoin is better than any other cryptocurrency.
Even though people judge it as scam because centralized or whatever, but take a look at its price, rise up from $22 in the early of this year and reach $289 right now. Profit is the most important thing in investment, now imagine if you have $1000 in the beginning of this year, there is 2 option;
1. buy bitcoin at $1000 and get only BTC1
2. buy ethereum at $22 and get 45 eth
how much profit you get right now?
1. Current price $3935 which mean $2935 profit
2. Current price $289, which mean $12,000 profit. Can you imagine that?
That's why, that man argued that eth is best.
|
|
|
|
|
Useless, there are some similar news about a country has planned to create their own crypto, especially the one that issued by central bank.
It can't compare to bitcoin which has better development across the global market. Whoever knows about bitcoin won't fall to another cryptocurrency. Centralized crypto by government, what's the difference besides stricter supervision to citizens transactions? Better to use paper money then.
|
|
|
|
|
If mining hardware and equipments will be seized by the government, it will be a doom day for the market, especially for the miners in China that will be suffer a great loss. Current situation isn't so good as the miners can't trade bitcoin freely due to only two big exchanges still provide their services until the end of October. In that case, yes, we haven't see the worst, and bitcoin price may crash once again.
The only way to escape from this situation is moving out of the country as long as they still be able to do that, just like; LedgerX developer Bryan Bishop warned Yang and his fellow bitcoin miners last week to “make immediate evacuation plans. Hire semi-trucks, load up the equipment, get out right now.”
|
|
|
|
~snip~
Thank you, have changed personal text and avatar. I'll try my best to improve. |
|
|
|
Bitcoins Intention was to brake the banks dictatorship. As we can see, nothing changed with bitcoin. Instead of banks, now whales dominate everything, manipulate and steal.
They can easily manipulate the market by using false alarm, cash out huge amount and spread the FUD about China ban mining cryptocurrency and people will intrigue to following their steps to sell bitcoin, waiting for some time and then the whales will buy back even more than the initial amount they have sold. On the other hand, how people could hold at this point if they don't have funds in their pocket? everyone should pay their bills, that's why people can't hold when bitcoin price in bloodbath. |
|
|
|
|
I would like to participate if there is a vacant slot.
Bitcointalk username: error08
Rank: Hero member
Current post count: 881 + 1
Bitcoin address: 19cmd4eUrFV1srLKyeytva13Ddh4tmg5TC
Best regards.
|
|
|
|
|
Yes, people in South Africa could easily to spend bitcoin and purchase some goods, it can be implemented as supported from electrum and luno exchange. Since bitcoin rice always fluctuate, a supermarket need third party to make sure every bitcoin transaction could be converted into fiat currency immediately to prevent a big loss if bitcoin price decline significantly.
Whenever bitcoin price increase mean; people will doubt to spend their bitcoin as the value is growing, but if the price declining; it's a loss for merchants/stores/supermarket to accept bitcoin payment. Bitcoin volatility is double edge sword.
|
|
|
|
|
I am appreciate your effort, thanks.
But why bitmain? Don't you know current situation about cryptocurrency in China? There is no any guarantee to transact with them at the moment.
There are many cases that indicate bitmain didn't ship mining hardware if the buyers comes from abroad, better to leaving China for good.
|
|
|
|
|
There is possibility for Ireland but as long as they don't legalize cryptocurrency in their country, it's still not enough to state as home of crypto.
Current government may accept crypto but there is no any guarantee if the next elected govs will continue to support cryptocurrency.
Once more, any good news about bitcoin development all over the world can't compare to a bad news from China.
|
|
|
|
|
Show Posts
