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9821  Bitcoin / Bitcoin Discussion / Re: 95% lol. No chance. SegWit is now dead. on: January 21, 2017, 03:08:20 AM
But he put himself in that position where he can be an easy target.

how?

was it him saying he is happy to let blockstream do their LN(paypal2.0) if they let bitcoins mainnet dynamically grow.
which then got lost in translating and fed to the wolves to vomit out as the opposite?

He did the moment he started promoting Bitcoin Unlimited. I personally do not see anything wrong with it. It is politics and man by nature is political. We lie, coerce and do whatever it takes behind the scenes to reach a goal that we think is worth fighting for. That is ok. What I do not like about the whole thing is the tasteless name calling from both sides of which I am guilty of sometimes. Chalk that up to human nature again I guess.
9822  Economy / Trading Discussion / Re: I have about 50$ where to invest ? on: January 21, 2017, 03:02:48 AM
Better keep it on bitcoin wallet so its like investing, just be aware of the price of bitcoin,
thru that once the value of bitcoin rises for sure your money will increase too so it is like that./.

I still think my suggestion is better. Buy something real and something that will make you happy like food or movie tickets. Expecting for $50 to grow and make you a lot of money to be comfortable, and not reaching that goal will only make you frustrated. That will be a waste of your $50 that can make you happy if used in the right way.
9823  Economy / Speculation / Re: Will Bitcoin break $2000? because of Trump? on: January 21, 2017, 02:58:57 AM
Trump is concentrating on recovering or strengthening the American economy, so we might see a much stronger Dollar in the coming years.

He is also not very fond of the Chinese and the Mexicans, so you might see less currency going over the border to Mexico. If the Mexicans

use Bitcoin to bypass or circumvent the US Capital controls, then we might see more regulation in the USA to control this. All this will

influence Bitcoin negatively.
  Sad

This is where we disagree with each other. The more financial regulations there are the higher the opportunity for Bitcoin to go up in demand and effectively in price. Add the ongoing fight against illegal drugs and you have another indirect subsidy created for Bitcoin. Bitcoin can transcend man made laws and follow its own mathematical laws. The only thing the US government can do is stop the payment processors dealing with Bitcoin but not Bitcoin itself.
9824  Economy / Speculation / Re: Will Bitcoin break $2000? because of Trump? on: January 20, 2017, 03:33:30 AM
Bitcoin has really started this year off wild!
I was reading that it might hit $2000 by end of year, because of Trump’s ‘spending binge’ and dollar rally.

What do you guys think?


If the Donald tells congress to create more laws limiting the movement of money going outside the US or if he will make it harder for drug users to get and acquire drugs then I could see Bitcoin increase in value. Any law that shakes the way money is moved or any more restrictions in everyday life concerning how things are bought and sold can be considered indirect subsidies for Bitcoin. It is what it gives Bitcoin value because it can transcend the law.
9825  Economy / Trading Discussion / Re: I have about 50$ where to invest ? on: January 20, 2017, 03:28:16 AM
Hello;

I'm new in bitcoin and like to start investing on it .. I have about 50$ and want a good company to invest on it ..

I made some searches but don't know where to start ..

Can anyone help me ?!

Thanks alot

I first want to ask you what do you expect to get from a $50 starting capital? Make it a few hundred in a few years? Maybe near a thousand? You are asking a stupid question and most of the people 's answers that try to take you seriously is doubly stupid. Mathematically you have a very small chance to make something meaningful of that $50. It would be better to spend them for something real, like food.

9826  Bitcoin / Bitcoin Discussion / Re: 95% lol. No chance. SegWit is now dead. on: January 20, 2017, 03:22:14 AM
Good job Roger Ver, it looks like SegWit has absolutely no chance at all of getting anywhere near 95%.  I doubt they will ever get over 50%.

SegWit is not Bitcoin.  SegWit is an altcoin.  

I feel it is my duty as a concerned citizen and valuable contributor of the Bitcoin community to declare SegWit dead on arrival.

All Bitcoin Judas accomplished was FUDing a perfectly reasonably and innovative soft fork, which is foundational to future scaling, into a controversial object of drama.

Let's all congratulate him on getting kicked off Reddit for brigading, doxing, and monetizing his subreddit.

SegWit is a controversial contentious fork which half of the community don't want to subscribe to. Blaming and crucifying Ver for SegWit not happening is finding a scapegoat.

You really cannot blame some of the people in the community in trying to crucify Roger Ver. I know he is a really nice guy in real life and everything I say about him becoming a CEO of Bitcoin is all in jest. But he put himself in that position where he can be an easy target. So there he is, an easy target.
9827  Economy / Exchanges / Re: is Bitfinex still trusted? on: January 20, 2017, 03:14:14 AM
~
Just in case, the btce-e.com domain is not accessible from Russia (Russian users should use another address)

i just tried it with a Russian IP address and i successfully accessed btc-e.com and there was no problem with the access and/or log in. Cool


Ok so you found the IP address of their site. Can you take it down? How sure are you that they do not have backup servers? Also how can you stop them? They are anonymous and can start another exchange with a different name. Unlike Bitfinex we know who the founders are and where to find them.
9828  Other / Politics & Society / Re: No Pardon for Ross Ulbricht on: January 20, 2017, 03:11:27 AM
I recently watched the documentary and it is really sad that this guy has to stay in jail for something he didn't do.

What are you talking about? He ran silk road and help distribute illicit drugs. He should have know that was the CIA territory. Now he's doing time learning the hard way.

Since you put it that way then I agree! Ross Ulbricht should not have gotten involved with their business. He is competing with one of the biggest, wealthiest and ruthless organizations in the world who are also backed by the the people of the United States of America. Ross should have thought twice before starting revolutionary market place for drugs.

Quote
It doesn't matter anyhow. No one cares and life goes on. Plenty of "silk roads" out there.

Most of them are probably owned by the CIA because it is good business.

Watch this first - https://www.youtube.com/watch?v=Twn96nj0jfw&list=PLHrkQxgz0mg6kUBciD-HIvTXByqjcIZ-D&index=10. Then forget about a few of the movies you'll watch this month, and get some practical understanding of how American law works at its core. It's 5 hours, but it isn't boring - https://www.youtube.com/watch?v=qN3MI70PFBw.

Ross has a way out. Watch, so that if you are ever in trouble with Government, you will know what to do.

Cool

No need to watch a 5 hour video. I think I have the gist of how American law works for everyone. It does not work the same for the poor people like us and for the rich elite who have a leverage on the politicians or some of them are friends and can as favors. The whole system is unfairly made against the population so that they can be put under control. Try to think if there was no such system. We would see all the poor killing the rich.
9829  Economy / Speculation / Re: Does anyone else think it's feeling like 2014 all over again? on: January 19, 2017, 03:43:30 AM
In 2014, we entered a long down market where we saw periods of side ways followed by a slide down, repeat and rinse. Is 2017 shaping up to be another 2014?
Move on. 2017 will not be like 2014. If we reached the lowest price of bitcoin from the year 2014- 1st month of 2016..then 2017 will be the year of getting the new ath of bitcoin. No more drops in price ,it will be stable at 800$ for sure.

Please give us your reasons why you think Bitcoin will be stable at $800. Back up your explanation and reasons with facts and not the usual brain farts that are usually spewed by almost everyone in this forum or the whole community for that matter. After your explanation please tell us why we should believe you.
9830  Economy / Speculation / Re: UK Exchange Coinfloor Embraces 'No-Fee' Bitcoin Trading on: January 19, 2017, 03:37:33 AM
well this exchange has no volume, it in fact has a very small percentage of the trading volume in the world. compared to the top volume it only has 2% of that.
so my guess is that it is mostly done to attract more customers and increase their volume then introduce more methods to make more money.
and even if they don't change their 0 fee policy, remember that Chinese exchanges have been making money for all these years with 0 fee. there are also shady ways Smiley

That will make the regulators and the authorities arrest the people behind the exchanges that deal in shady ways. I hope they have enough money saved to get a good lawyer. Or they could opt for the better way and that is to remain anonymous and most importantly honest just like how they run BTCe. They have been honest so far.

9831  Bitcoin / Bitcoin Discussion / Re: Can I store my Bitcoin in My computer ? on: January 19, 2017, 03:29:04 AM
I made a quick glance in the thread. I want to say that technically you are not really storing Bitcoin locally in your computer. It is all right there in the blockchain. But you do control the "coins" you have by having or knowing the private key to unlock them. Cloudcoin is a closer and a more appropriate name for Bitcoin if you study at it well.

This mean you can access your bitcoin  thru your computer directly with the use of software like bitcoin core wallet, or other light wallet like electrum, multibitHD etc.  And you can have the wallet  that contain the private key and public key to that address in the blockchain.  You can also back up those access keys and be able to transfer the control from one computer to another computer.
So logically you cannot store your bitcoin in your computer but can gain access and control to it thru desktop applications.

Code:
. Every Bitcoin wallet contains one or more private keys, which are saved in the wallet file.
The private keys are mathematically related to all Bitcoin addresses generated for the wallet.

https://en.bitcoin.it/wiki/Private_key

Yes exactly. But most of the answers here show that most of them are clueless about how Bitcoin works or maybe they do not care. Read the answers right after my post. None of them care. They just say yes and tell you to download a piece of software so that you can "hold" Bitcoins in your computer.
9832  Other / Politics & Society / Re: No Pardon for Ross Ulbricht on: January 19, 2017, 03:23:53 AM
I recently watched the documentary and it is really sad that this guy has to stay in jail for something he didn't do.

What are you talking about? He ran silk road and help distribute illicit drugs. He should have know that was the CIA territory. Now he's doing time learning the hard way.

Since you put it that way then I agree! Ross Ulbricht should not have gotten involved with their business. He is competing with one of the biggest, wealthiest and ruthless organizations in the world who are also backed by the the people of the United States of America. Ross should have thought twice before starting revolutionary market place for drugs.

Quote
It doesn't matter anyhow. No one cares and life goes on. Plenty of "silk roads" out there.

Most of them are probably owned by the CIA because it is good business.
9833  Economy / Exchanges / Re: is Bitfinex still trusted? on: January 19, 2017, 03:17:07 AM
what the hell are you talking about? imprisonment? since when running a bitcoin exchange has been illegal?

But since when is running a Bitcoin exchange legal too? Everything is in the grey area and there is nothing that will stop the government from slamming your door down and arrest you. Remember Charlie Shrem? I bet you do. He was imprisoned for running and "illegal" payment processor. What stops the people from using Bitcoin exchanges to launder their money? That is another angle law enforcement can look into. With BTCe the owners are safe from any indictment because they are hiding under the shroud of anonymity.
9834  Economy / Services / Re: BITSANE Signature and Avatar Campaign(FULL) on: January 18, 2017, 03:57:24 AM
Hi, I just became a Senior Member. Please promote me in the campaign just in case there is a spot left.
9835  Economy / Speculation / Re: UK Exchange Coinfloor Embraces 'No-Fee' Bitcoin Trading on: January 18, 2017, 03:47:07 AM
Here we go again, another exchange with fake volume. The Chinese exchanges have been doing this and I still do not know how they make money if they have zero fees. Do they trade against their clients and customers? That should not be allowed because exchanges are supposed to be neutral. Manipulation could happen if they are not.
9836  Bitcoin / Bitcoin Discussion / Re: Can I store my Bitcoin in My computer ? on: January 18, 2017, 03:31:21 AM
I made a quick glance in the thread. I want to say that technically you are not really storing Bitcoin locally in your computer. It is all right there in the blockchain. But you do control the "coins" you have by having or knowing the private key to unlock them. Cloudcoin is a closer and a more appropriate name for Bitcoin if you study at it well.
9837  Other / Politics & Society / Re: No Pardon for Ross Ulbricht on: January 18, 2017, 03:21:01 AM
Nobody gives a fuck, life goes on

Too true! Cheesy
I don't think it will even create any difference to let him our or not. He's there for a reason anyway. Even if he does go back in the outside world, he'll not make an impact anymore in the bitcoin world even if he tries. I do think he is guilty anyway, he made his mistakes and that's why he ended up in jail.

Oh you must trust the government so much you just follow what they impose on you. Why the hell are you here in Bitcoin? Right, to make fiat money. Ok.

The world's biggest corporations and governments around the world have made and are making more crimes deliberately all in the name of profit. Always remember that. Ross Ulbricht was an entrepreneur who saw a gap in the market and created one of the most brilliant market places in the history of man. He is an innovator and yet everyone here refuses to acknowledge that.
9838  Economy / Exchanges / Re: is Bitfinex still trusted? on: January 18, 2017, 03:09:18 AM
~
Do they? Who are the Russian authorities and regulators going to catch? The owners are anonymous. Where is the business permit of BTCe? Where are their servers located? It is run in the spirit of Bitcoin and no, Kraken is not better and will never be better than BTCe. Period.

they are shamelessly admitting that they will release information of their users to any authority that asks: "if and when it is requested by government agencies that . BTC-e disclose information relating to user activity and/or contact information we will comply."

~As far as I know its servers are physically located in Bulgaria ~

LOL, if it was that easy to find out where they are really located it wouldn't have been based on their servers, instead based on their registered company which is in London. they have another managing company in Cyprus! and they have banks in Russia, and many other places.

How do you know that *they* have accounts in Russian banks?

I mean how do you know that these accounts are actually registered for the legal entity behind btc-e? I just quickly went through the exchange site itself, and I didn't find any mention of this entity at all! But maybe, I missed it. Anyway, since there are many options for withdrawing rubles which obviously involve bank transfers (e.g. withdrawals to Russian banks such as Alfa Bank, Tinkoff Bank, Russian Standard Bank), they do have accounts opened in these banks but who is behind these accounts remains largely unknown. Maybe, Putin is behind btc-e

Many here look like they underestimate the way BTCe is run. The people who run it have already figured everything out. From how to evade the laws and what loop holes to use to avoid imprisonment. They are also protected by the most important item of all, their anonymity. Maybe Satoshi is behind BTCe.
9839  Bitcoin / Bitcoin Discussion / Re: Bitcoin saving on: January 18, 2017, 03:00:33 AM
52 week challenge? It is what we are already doing right? 99% of the people in this forum are only buying, holding and waiting for Bitcoin to reach $1m so we can all be rich. Why not start a Bitcoin price to $1m challenge. You save all the Bitcoins you get and you will not touch them until the price reaches $1m. 

If the challenge is similar to that mentioned by above mate, not to touch the bitcoin till the price reaches $1m none would select this challenge. Bitcoin has the potential to grow but $1m is something like a dream, so everyone needs to hold on. None gets the access to use it forever.

You know I was being sarcastic right? I believe English is not your first language since you missed it entirely. I was merely trying to point out what is the use of the 52 week challenge if over 90% of Bitcoin holders do not do anything with it except save and hold them as if waiting for a million dollar pay out?



9840  Bitcoin / Bitcoin Discussion / Re: Bitcoin saving on: January 17, 2017, 03:58:15 AM
52 week challenge? It is what we are already doing right? 99% of the people in this forum are only buying, holding and waiting for Bitcoin to reach $1m so we can all be rich. Why not start a Bitcoin price to $1m challenge. You save all the Bitcoins you get and you will not touch them until the price reaches $1m. 
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