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1  Economy / Speculation / Re: bitcoins price is falling. on: June 15, 2018, 01:34:06 PM
Bitcoins price is greatly decreasing right now would it affect the price of other coins if this continuous?
Yes, when bitcoin falls, other coins are falling in price with it. Market wont move up until btc got cheap enough for the big boys to load up their stack. I'm sure that by the end of this year the cost of bitcoin will pleasantly surprise us all. The moon will be!

Indeed altcoin will follow bitcoin prices, when bitcoin falls then auto altcoin will fall. but not all fall, there are some who can keep the price.
bitcoin is now falling in price, because it is in the correction phase. after this period passes and no bad news overflows it, then bitcoin will rise to the moon.

Bitcoin up altcoins fall (in btc value), Bitcoin down altcoins fall (in btc value + usd value)
2  Economy / Speculation / Re: Bitcoin is taking a breath on: May 01, 2018, 12:55:34 PM
It's true that the trip to $ 10,000 is currently a little slow and steady, but I think in the near future it will surely pass the price fence up.

More than 20000 this year!
3  Alternate cryptocurrencies / Altcoin Discussion / Re: I notice that a lot of people refer to their cryptos as "him" rather than it. on: March 27, 2018, 12:44:26 AM
Just shitty english is my guess.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Sending in fake ID for KYC on: March 10, 2018, 12:54:12 AM
It surprises me that people send in anything else than fake id's.
How can you trust someone on a forum with your private documents.
5  Economy / Economics / Re: panic selling on: March 10, 2018, 12:44:37 AM
It would drive the price down because of the panic selling ,
But there would be others who would take the opportunity to grab some while it is being dump .
So we better be careful in selling our coins because some are just going to scare you to dump it and the coin could pump up again soon.

We can't avoid people that are willing to dump their coins because they panic especially when someone spread fud. Their main target is newbie and some weak hands holder. On the other side this is a opportunity for the bag holders to get cheap investment.

Without panic selling we wouldn't have this much fun.
6  Economy / Economics / Re: Mt Gox Trustee has 160K more BTC - tool to follow if more cold wallets thawed! on: March 10, 2018, 12:40:20 AM
This is a site set up by Matt Odell to track the remaining 162K of Bitcoins in 84 wallets under the control of the Mt Gox Bankruptcy Trustee, and to send an alert if any of the Bitcoins in these wallets are moved - https://goo.gl/eUUHbx - Scroll up to see the background to this, with 40K of Mt Gox Bitcoins having been thawed out of cold storage wallets and moved to exchanges in 5 stages from Dec to Feb with a reported 35,841 BTC sold for $362 mil for Mt Gox creditors (and the rest presumably sold for legal costs) - and a chart of the BTC price from Dec to now showing the falls in the BTC price each of the 5 times the Bitcoins were moved from Mt Gox wallets, culminating in the fall to $6K on Feb 6 the day after the biggest transfer of 18K Bitcoin on Feb 5!

Will the Trustee sell anymore Bitcoin? And looking at the falls in BTC price from its peak of 19K to the nadir of 6K coinciding with the 5 moves of Mt Gox Bitcoins to exchanges from December to February, will the BTC price fall if he does - or is that a coincidence? Either way the BTC hedge funds and whales are likely to short BTC as soon as the Trustee thaws any more BTC from these cold wallets, and being alerted to such a move may be important information. And I’ve never known a bankruptcy receiver that sits on a realisable asset!

Something overhanging the market to contemplate along with TA perhaps ...

Thanks for this, might come in handy.
They should have just auctioned the btc instead of dumping it on the market like this.
7  Bitcoin / Bitcoin Discussion / Re: Crypto investing in the losses. How about you? on: March 04, 2018, 12:00:04 AM
If you're holding any decent coins don't sell, you haven't lost anything yet.
8  Bitcoin / Development & Technical Discussion / Re: Proof of Stake Bitcoin? on: March 03, 2018, 11:47:58 PM
Even if it would happen we would have a whole bunch of miners who would be staying on the "old" chain.
9  Economy / Economics / Re: Why the Animosity Towards Banks on: February 26, 2018, 12:33:51 AM
One of the biggest reasons that I love the idea of BTC and crypto in general is because I hate the unpredictability and inflationary nature of fiat money supply.  If it were up to me, we would get rid of the US Federal Reserve and go back to a gold standard or completely adopt crypto.  But one of the other big reasons that people seem to gravitate towards crypto is the hatred of big banks.  I'm wondering why that is.  I use Chase and I never have to pay any fees to wire money, move money around my accounts.  Yeah, the bank pays out only tiny bits of interest but I don't feel like I'm getting robbed by these banks in any way.  When I need to transfer money, I use PayPal, when I have to buy stuff I use my credit card and I get points for it.  I just don't see why this community has this hatred towards big banks so I'd love to understand some of the reasons people have.

Look at all the bail outs, prime examples of why it's such a mess.
10  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency Can Help Entrepreneurs in 2018 on: February 21, 2018, 12:41:49 PM
For those who would like to enter businesses/entrepreneurship with no capital, they can now raise funds through initial coin offering. With this, they can have shares as tokens and can be traded to raise large sum of money quickly.

You can also raise money with ipo's. Don't need cryptocurrency or ico's for that.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LCC] Litecoin Cash | SHA256 LTC fork @ block 1371111 | 10:1 claim ratio on: February 16, 2018, 03:27:38 PM
Will dump this immediately and never look back, thanks for the free money that's about to come in  Cool
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [Airdrop] Nevra (XEV) - Equality, Freedom, Trust on: February 16, 2018, 03:21:08 PM
I like the idea of a fair airdrop but allow me to be a bit critical. The fact that someone goes through my thought process and decides if it is "adequate" for inclusion means that the poor uneducated third world friends are totally excluded. If it comes down to this then maybe an iq test or bachelor degree should be stated as a requirement. Otherwise if everybody is included then some other proof like KYC/ID, email + social profile or something else should suffice to ensure people do not abuse the airdrop.

I am not saying it's bad and I would like to be a stakeholder because as a hero member from 2011 I am very interested in new developments in the space.

Good luck

Your idea could be right, but nothing is perfect in this world and this kind of distribution is so much transparent than many others....


I think mentioning kyc is taking it a few steps too far to be honest (I would never give someone on here my personal information no matter how good a project looks).

Just read through the thread a bit, seems like the dev already has a good grasp of how things should or shouldn't be done. Interested to see what this will develop into.

13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BITSUM - FIRST TELEGRAM BASED Coin on: February 16, 2018, 03:05:38 PM
People are crazy about (TON) But they are not aware of Messenger based coin BITSUM, BITSUM is a decentralized, open source cryptocurrency that uses the CryptoNote algorithm that works on TELEGRAM and the way it work is very amazing

Specifications:
Ticker: SUM
Symbol: Ṩ
Algorithm PoW: CryptoNight
Maximum coins supply: ~1.8447 billion
Block target time: 120 seconds
Transaction fee: 0,0001 SUM
First block: 19.09.2017 11:08:27 (Tashkent time, UTC+5)
Premine: ~4 million (mined on low difficulty)

Test Our TELEGRAM WALLET - https://t.me/BitsumBot

BITSUM Is the first telegram based crypto coin and it will be soon 1st facebook and skype based coin as well, Skype and Facebook users can easily do a transaction on messenger itself.

Messenger is the future and soon all work will be handled using messenger so BITSUM is targeting all messenger.

Project is not yet in any exchange because of high exchange fees, and I am posting this because this project has a lot of potentials and I think bitcointalk people can make it possible by adding support to this topic

we can also sell some coin in exchange for BTC if you are interested in buying, your purchase can help us in reaching exchange.

I am the official member of bitsum, so you either contact here or using website.

Join Us

Discord - https://discord.gg/49shV8
Facebook - https://www.facebook.com/bitsummoney/
Telegram- https://t.me/bitsum
Website - https://bitsum.money



So that means integration with these platforms? Not something fake like you have to send a url to each other? And if it means real integration, could you provide some info about how you're in contact with these companies?
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ETHF] Ethereum Future | POW/POS | MN | NIST5 | Airdrop after 10000 views on: February 16, 2018, 03:02:10 PM
Interesting that the whitepaper link is 404, but there is another whitepaper on the site:
http://ethereumfuture.net/downloads/whitepaper-homeblockcoin-2017-10-31.pdf

Cheesy

I predict many people will end up crying by joining this one  Grin
15  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: KYC of bounty hunters on: February 16, 2018, 03:01:24 PM
Just don't participate and they will end up begging people to join them again because of the lack of promotion.
16  Economy / Speculation / Re: Bitcoin Reaches 9000 USD on: November 26, 2017, 06:57:10 PM
This happened earlier than I thought, nice surprise hadn't checked price for a few weeks.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin gold dev found out to be a Chinese script kid hacker on: November 03, 2017, 03:54:33 PM
The bitcoin gold BTG Lead Developer:h4x3rotab found out to be a 24y script kid hacker who cracked and sold weak user passwords on a fourm without captcha enabled.

Details in Chinese: https://steemit.com/cn/@quantum-bug/btg-h4x3rotab

His profile photo on a online dating site:

So now it can be 100% confirmed that bitcoin gold BTG is a completely & purely Chinese pre-mined ico scam.

No, I don't think this is right. The guy is purporting to be a BTG Lead Developer. It is not 100% confirmed, until we see a statement from Bitcoin Gold website. Maybe there is some truth there, but there's usually a lot more to the story than what we're led to believe. P.S. There is a lot of guys trying that trick on this forum. It's a simple copy paste script. Hardly think people like that would deserve to be lead developers of a Bitcoin fork.

I agree with that.
What if someone actually is innocent but gets blamed anyway.
And what if something bad happens to such a person.
Please look out for what we say and claim.
Real people can get endangered.

This wouldn't surprise me in the slightest though.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: eBTC Scam - Any successful scams out there? on: October 15, 2017, 11:57:37 PM
Hello guys,

So I put around 1.5 ETH in eBTC and it dropped a lot because it was a scam, now, I am fine with losing those money, I didn't hope it's a very solid project but I gave it a shot. Now, do you know any other scams that are actually successful for eventhough everyone knows it's a scam coin?

There always people around who don't know it's a scam, else nobody would be making any money.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: How to avoid ICO scam on: October 15, 2017, 11:55:59 PM
Look for something with good technology and a trustworthy dev team, preferably with their real info out there.
20  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ★★★ [ANN][BTCG] BitcoinG | AIRDROP | (WAVES token) ★★★ on: October 13, 2017, 12:12:56 AM
The roadmap here is a new wallet and another exchange?
That's it? No other purpose or goal?
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