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9941  Bitcoin / Press / Re: [2017-11-04] Turkish Central Bank President: “Cryptocurrencies May Contribute to on: November 04, 2017, 12:46:41 PM
This is a very welcoming news if you are from Turkey. Imagine the head of your Central Bank seeing bitcoin as more of a positive thing that can really bring good things to the country. I'm sure that a lot of our Turkish bitcoin community love to hear this kind of announcement coming from Central Bank. On the other hand, other nations are attacking it, Turkish are embracing and what he said is somewhat true. I think they are building Turkey to be one of a central hub around their region and maybe attract a lot of investors in their country. We will see what happens next, but I'm sure that crypto activity will be booming next year in Turkey.
9942  Economy / Scam Accusations / Re: SCAM ALERT!!!! MICROBYTE / MICROBYTE.ORG on: November 04, 2017, 12:04:14 PM
https://bitcointalk.org/index.php?topic=2349849.0

Microbyte deleted their first post and + changed topic and moved their thread to "announcement" and also disabled any further comments from anyone!!

I'M TRYING TO PROTECT EVERYONE HERE!!
THIS IS A VERY VERY VERY HIGH RISK INVESTING. THE TEAM IS TELLING INVESTORS THE PRICE WILL MOON IN A FEW MONTHS. WHAT DOES THAT TELL YOU?

  PLEASE DO PREPARE TO LOSE YOUR MONEY IF YOU INVEST IN THE PROJECT.

I read that there are some newbies who are showing interest in this ICO. Not fan of them though, I won't dig because it looks shady to me. And they say that their government will approved it in 1-2 weeks is bullshit to me.. How do they know that their government is going to approved it anyways. Isn't it to be better on the safe side is to apply first for certification because announcing your project. I understand, the exchange listing though, because there are also projects that just got listed after the ICO but who knows what behind. There is a lot of red flag and thanks for bringing it to the community.
9943  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Silver: December hard fork on: November 04, 2017, 11:47:05 AM
Where and when is this all going to stop?
Bitcoin silver to make bitcoin decentralised again, is that not what gold is about?

I agree that all this forking is ruining the name of bitcoin but yea that is unregulation,
decentralisation and open source! Nothing anyone can do to stop it.

Yea, its totally ruining the bitcoin now. I don't know if this is true or not though, but it looks like another hype from a group of persons to really just make profit from another altcoins. I think it needs to be stop unless we all get to used to seeing forking like every month. Initially, there's a lot of debates that is been going on for more than a year just to do the fork and a lot of bad words have been thrown on both camps. But now it looks like it goes so far that it may already lose it's traction from the community and the investors.
9944  Economy / Gambling discussion / Re: 2018 NBA Season on: November 04, 2017, 11:23:35 AM
My surprise against the public today is win for OKC -6.5 today against strong Boston.
The bookies wants us to bet on Boston.
OKC will win above 10 today.
I really thought also they would win but the Celtics are just a different team now, Uncle Drew took over the game and once again
Celtics won the game. They are streaking so no matter what the line is, it's hard to bet against them, they'll keep winning to prove they are a strong team.

Yes, what matter most is the win down the stretch. Kryie took over once more for their 7 straight win in this season. I really thought that the Thunder will win basing on first half alone. But Celtics became a different animal in the next half, starring Irving and Horford. The big 3 of OKC folded, Russ didn't get a triple double, Carmelo and Paul George has a worst shooting. I have to agree that they are on a hot streak right now and may continue to do when they face Orlando next.
9945  Bitcoin / Legal / Re: Why hasn't any government stopped Bitcoin? on: November 04, 2017, 09:23:10 AM
As stated in a documentary regarding bitcoin, if they can`t stop it they adopt it. And I think that this case is something similar. They tried to stop it but when they saw that it can`t be stopped and somehow will proceed because there is not a central, they decided to adopt it and earn as much as they can from it. In my opinion the interviews of huge banks and the other huge investors that say it`s a bubble may be for decreasing the price of it and earning by themselves.

If you can't beat them join them. Yea nice. But its not the way is seems. China has been friendly with bitcoin ever since. But then do a sudden U-turn because they think its gonna be uncontrollable in the next coming years. So they instantly banned ICO, closed exchanges for that fear and I don't think they are coming back to join. I think by now the Chinese government knows that they can't really stop it that's why mining is still allowed. People will really try everything just to get their hands on bitcoin, even going underground is a options for most of them. I hope governments should know by now that the sphere of influence has almost covered the entire globe and it can't really be stop by anyone.
9946  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Government. on: November 04, 2017, 09:15:37 AM
Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

Its good for you but may not be good for your government. The list you put up is all the benefits from having bitcoin used by people. But government thinks otherwise. Then think that bitcoin is a scam, for Ponzi scheme and used for illegal activities. So as much as we really want bitcoin to be accepted by a lot of countries, there are some government thinks otherwise. That's why they have put a total ban on crypto's. And you know what who suffers? its their citizens. So you can't do anything about it except go underground or move to a country which bitcoin or cryptocurrencies are accepted like Japan.
9947  Other / Meta / Re: Marketplace Abuse (why is it allowed?) on: November 04, 2017, 09:06:20 AM
I’ve viewed the one you’ve shared, that link profile. First thing i notice is the red negative trust on that account. So the DT members or the administrator himself have made they’re job done. If some newbies will still doing transactions with that account, it is not the forum or moderator has the problem but that newbies ignorance.

This forum is open to all and it means even to that scammy guy, so it is now our responsibility on our own to avoid them. The option of banning over and over again will not work because they can make a new account again and again. Giving them negative trust is the best thing to do.

Correct, I think DT members have already tag the scammers so its really up to the people who is willing to take the risk and bought his products. If you want to get them ban,  then that's another thing. They will just bought or create a new account, then DT tag them, then the cycle continues. As much as we want it here to put an end, its gonna take a lot of effort is terms of Theymos or even Cyrus to clean up the messed. And for those newbies who are still falling for this trap, please don't and used your common sense please.
9948  Economy / Speculation / Re: Bitcoin Bubbled Many Times on: November 04, 2017, 07:45:55 AM
Right now we're right on cue to hit $10k this year.

We shouldn't care about what other people say about bitcoin. That after all, is their opinion and by no means definitive of what bitcoin truly is and how it will perform in the future. It is at the end their source of income, to write articles like they do about BTC.

It's quite a simple phenomenon. Each time btc gets pumped, there will be a dump following it as a correction. Price doesn't keep on increasing, there are breaks in between.

I think they have every right to call bitcoin a bubble, but it is really up to us whether to believed them or not. Most of us here don't think it is the case, so argument closed. Although many has said from the past the bitcoin is a bubble and will crash, we haven't seen it happening. And eventhough there is a crash last month coming from the Chinese, bitcoin has recovered and the price even go further. And as long as their as people calling bitcoin a bubble, the more it attracts investors on it. And besides, we haven't seen a market such as bitcoin before, that's why is normal to really says things against it because we don't understand it. $10000 is huge price, but let's see if its hittable this year and once again here people calling it a bubble once more.
9949  Economy / Economics / Re: BTC is a roller coaster on: November 04, 2017, 07:08:16 AM
Bitcoin is volatile but the rate is stable within the last 2 months, hopefully bullish run this year never ends. Looking at YTD graph from ~1k USD (Jan 1) to 7k USD (November 4) that is a 10-month duration with ~700% increase in value. If you are a day trader, volatility, most of the time is not on your side but if you are a long term investor, you just have to wait the right timing to earn big cash. Some say it could reach 10k USD, that's just wishful thinking but it is possible. Almost every application now has adjusted to using bitcoin.

Yes, that is true, bitcoin beginning of the year is less than $1000 and look at where we are and where we are heading. This roller coaster ride that we have seen will most likely continue but that's what we love on this market, it can either make or break you as a trader, although I quit trading long time ago, I'm sure that most of us here enjoy this kind of price swing and volatility, and its up to us how to take advantage of it. Yes $10000 is really huge, but with this kind of short runs, we can possibility push the price to this level, but I believed that is not gonna be this year though, I'm seeing it to be hit somewhere first quarter of next year.
9950  Economy / Trading Discussion / Re: finaly done btc on: November 04, 2017, 06:45:49 AM
i guess btc is stable now ,market is recovery ?

What stable? You mean the roller coaster ride has stopped? No, its weekends, most traders are not that active during weekends that's why the price has somewhat remain stagnant. But I don't think that it will go like this in days. Maybe in the next 2 days, the price could go full swing again because we are still far from the Segwit2x implementation. And I don't know what you mean recovery, we didn't see any slump in the last week so there is no recovery here. We have seen a lot of price increase lately, so I don't think recovery is needed. Just continue to hodl on your bitcoin and enjoy the ride and if you think you need to bail out and sell then by all means do it.
9951  Economy / Gambling discussion / Re: Tennis League All Thread on: November 04, 2017, 05:59:26 AM
World number one Rafael Nadal has withdrawn from the Paris Masters with a knee injury.
The Spaniard was due to face Serb Filip Krajinovic in the quarter-finals on Friday, but pulled out with a right knee problem before the match.
Krajinovic will play in his first ATP Semi final. I think he can surprise there.
He is not even sure about London Sad I feel sorry for him , he had such a great season he deserves to play in London . Isner is in great form right now beating Dimitrov , Del potro in Paris and looks like he might take the title .

What a surprise. Oh well, age is really catching up with them specially Nadal and Federer and I think its a good decision on him to withdrawn and not risk it all. We all know that a knee injury is serious for tennis players, so I'm with him taking a break. Now the tournament is open without him, can't really see who is going to win, I wouldn't surprise if Krajinovic win it, however, there are still big names out there that will take advantage of Rafa leaving the game.
9952  Economy / Speculation / Re: Bitcoin will crash ? on: November 04, 2017, 05:50:26 AM
Hi guys, as you all know that hard fork date is coming near which will divide the Bitcoin in 2 parts Bitcoin and Bitcoin gold , what you think it will crash the btc and it will go to how much price

Bitcoin gold fork is completed last Oct dude. I think you got it confused with Segwit2x this coming November. Well with the current rise in price one has to think that this increase is not long term. Sooner or later we are going to hit a wall and the price will go down. If assuming the price crash or there is a price correction, I'm speculating that it will not go down $6000 because people will always buy bitcoin in dips, when the price go down like $6200 or below, new investors will try to get because they don't want to miss the opportunity to make a profit. So its gonna be another roller coaster ride after Segwit2x then consolidation followed by another bull run in the end of the year.
9953  Economy / Service Discussion / Re: It is good to invest money to a btc doubler mining sites??? on: November 04, 2017, 03:49:01 AM
it is good to invest money to a btc doubler miner sites?? Undecided Undecided

Sad to tell you that they are all scam. Which means that you will take your money and ran away. Since you are a newbie, it makes sense for you to get attracted to such scam, however, you should learn that there is no magic trick in the book that will give you more bitcoin without doing anything on your end. Most of the community members already says don't, so I hope you listen and not be attracted by the so called returns or interest per day or per week because its doesn't work that way. And if they, then all of us here are now millionaires by just simply investing of HYIP or Ponzi or Doubler.
9954  Other / Off-topic / Re: Some things to consider before starting a business on: November 04, 2017, 03:40:50 AM
I have already a business and here's my call on some of your points, although its offline, but I can still chime in:

1. Do not invest your own money

Since most businesses are risky, seek partners. So, if things do not go all the way, you will not go bankrupt because of the start-up funds, and not pursued debt.

I started with no partner, except my wife. Apparently, she can a job offer after a few months of opening our business so I now carry the burden everyday. The funds was from my last pay I got from my job. We took the risk, years ago so I think I got 'lucky' and didn't go bankrupt.

2. Work hard

If you are not willing to work hard, overtime, forget personal gain and health, then entrepreneurship is not for you. At first, you definitely will not be able to pay employees, even if the employees are cheap. So, your employees are your own.



There is no question that you have to really work hard in order to succeed. Thing's you thought you can't do before, but when all is in the line, you gonna do what you gonna do.


3. Use the latest technology

New technologies such as software and data storage with small companies are able to compete with large companies. Take advantage of low cost technologies on the market.


Of course you have to take advantage of every opportunity and technology is there to at help you to reduce the cost.

4. Respect the time

Rate the money in your time, for example Rp20 thousand per hour. This will help when you have to make a decision: If a store charges Rp10 thousand for shipping every week, and it takes you 2 hours to go to the store itself, then pay for the postage from the company, because it is cheaper.


Time is very important as well. You have to have the proper stocks in time and you need to check everything is their is a stock otherwise you don't know when the customer will order and how many. So manage your time wisely and always order on time. Contact your suppliers if you are think that your products will gonna sell.

5. Realistic

When creating a business model, look around and look for a successful example of the business model you want, then learn. If you can not find, whether you are an incredible genius, or your business model will not work in the real world.


My business model is simple, well its the most practical model so I think that what it makes successful.


6. Sell excess, not price

You start a business, you are naturally frustrated marketing it. But, if you compete on the price, you will end up selling at barely or even under capital. Master the skills of communicating with customers, to explain that your product price is higher because it has a better value

As I have said, I just got lucky because the market I'm in is not yet saturated although their is competition. If my supplier says that they are going to increase, I increase my price as well but its on a level that my customer can still buy it despite the competition out there.
9955  Bitcoin / Press / Re: [2017-11-03] Bitcoin Bull Tom Lee Cautious as Bitcoin Price Nears $7,500 on: November 04, 2017, 03:23:23 AM
I'm also getting nervous with this rapid price increase that we are seeing, its not normal and organic. Are there people behind trying to manipulate the price again on their favor? I'm feeling that something is brewing out there and maybe once they see that the price is somewhat stable, then will make their moved and push the sell button creating a domino effect causing it to crash. However, with the roller coaster ride that we are seeing, it is not ripe for such actions. I'm seeing swings of $200 is just matter of minutes. We all know that their meteoric rise can't be sustained long term, its just a matter of time that someone will enter a big sell order that everyone can see.
9956  Bitcoin / Legal / Re: Adopters 'Dealth' with Indonesian Central Bank, Since Bitcoin is Banned as a Pay on: November 03, 2017, 10:23:24 PM
Perhaps these "prohibitions" are good for crypto and proof of its sustainability.
When the crypto market starts neglecting these efforts of central bankers to impose stops, the market is confident in coin power and is further adopting it.
More highs and the fewer lows looks like the order of the day  Grin
Somewhere these bankers splash with the rocks by throwing into the crypto market pools will look like the waves.

It means BITCOIN is good to go! keep mining.

Why used pink color? its so hard on our eyes specially oldies like me.  Grin. I think you are referring to Indonesia banning cryptocurrency as payment options. I guess the news doesn't really affect the price because we are really surging as of the moment. Indonesia has already give us the reasons, we have to respect that. However, the only victim here is not us, not the market but the Indonesia bitcoin community who have learn to love bitcoin because it has become their source of income. Nothing can really prevent bitcoin from moving forward, so we will mining to keep the ecosystem going.
9957  Economy / Speculation / Re: Reason for the BTC price rise on: November 03, 2017, 10:04:55 PM
Hello,

So the BTC today is >USD 7,000 and keeps rising and I searched in the web for possible reasons why this happens and forecasts. I found this news (https://www.forbes.com/sites/insideasia/2017/11/01/bitcoins-6400-price-tag-explained-by-initial-coin-offering-craze/#1e12e4a137d6), for which I think this explanation is quite interesting and compelling.

What do you think of this? Any arguments?

Thanks,
Luiz

Garbage post. Bitcoin is now above $7000 and ICO has nothing to do with the recent price increase. The increase today is due to the looming Segwit2x activation in mid November. And countries are cracking down on ICO's, countries like China, South Korea and the ICO are heavily watching those so I doubt that it contributed to the as least significantly rising price of bitcoin today. Not everything you read in the internet is true, specially about bitcoin and crypto, most of the writers now don't know anything about bitcoin, they just write about it because bitcoin is very much enjoyed by a lot of people and they are just riding out of its popularity.
9958  Economy / Gambling discussion / Re: Any tricks available in gambling to won the bet? on: November 03, 2017, 09:13:46 PM
there's no tricks in gambling it's all about luck and timing if you're lucky enough you're going home with a full of money but if todays not your day sorry better luck next time because you're just giving away your money if you're not luck enough. The most easiest gambling that you can won is sports betting.

i thing the only one important that we should have is luck because when we have a luck then we have big chance to win the games and not just related with the gambling games but in all aspect of our life. with the luck, you can win the games with easy and there is not tricks available in gambling to win the gambling games.

Yes, gambling is really luck based so I don't think that we can come up with any tricks that change the tide in your favor. If you are lucky that day then grab the opportunity and get out once you know that lady luck has left you. And if there such thing as tricks then there would be no gambling because it will defeat the purpose of playing it. Just play within your boundaries and don't get addicted. Their is no magic trick except your luck that day. But if you really want to increase your chance, you can go sports betting, at least you can analyze the teams before making a bet.
9959  Bitcoin / Bitcoin Discussion / Re: Is this SUDDEN price rise good for BTC? on: November 03, 2017, 08:00:04 PM
First of I am a BTC HODLER and I am happy it is breaking it's ATH every other day.  But is it really good for future of BTC?

As a currency and day to to day usage BTC price needs to be stable. For regular market to adopt this as a currency the price needs to to stable. Is it not? If BTC fluctuates so much within just few days how can some business adopt this?  For example if they fix a price for a product for $400 equivalent to btc  then  tomorrow the price can be $600 or $200.   Will this sudden price rise/ drop not affect the market adoption?

What you guys think about this?

First off, there is no such thing as a stable price, bitcoin price fluctuates like every minutes or every hour. That's how the market works, supply and demand, when more people demanded bitcoin the price will go up. Of course its really good for the future because the price continue to rise, but at some point bitcoin will suddenly face a wall, the price will drop and we don't know when will it happen. That's why you need not to be emotional so that you can make proper decision on whether to sell some of your bitcoin or just continue to hodl specially when the price is going down fast.
9960  Economy / Service Discussion / Re: Did I make the right decision? on: November 03, 2017, 04:36:53 PM
I am a super noob when it comes to blockchain technology. I often see people are investing in Tokens & ICOs. I have no idea what are tokens & ICOs. But, I do understand that they hold value in money. and if purchased ahead of time you can make a huge profit after many years same as bitcoin has does for millions. Recently, I stumble upon this ongoing pre-sale of tokens for UTRUST. I don't know much about the company but the tokens price was $0.0065/each. I invested in UTRUST and bought 1000 tokens. It cost me about $65.

Now my main question - Did I make the right decision by investing in UTRUST in terms of making profit?

Bunch of thanks in advance.

Smiley

I'm not a investor of UTrust by I have heard a lot of good news about this ICO and it looks like its really a good investment if you are going to ask me. However, like any investments there are risk involved so its really up to you how to mitigate that risk. Some get out really if they have already reached their exit goals. So just an advise, learn how to exit as well, because if you don't then there are chances that you might be get trap, in case the project goes down as well. Just continue to monitor your investment and used your common sense in making the decision to stay long or take profits early and go on the next coin to invest.
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