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1  Economy / Economics / Re: What is a good amount of BTC to Buy? on: November 14, 2017, 10:19:28 AM
What is a good amount of Bitcoin to buy for first time buyers new to the crypto market? What kind of return can you expect to see within a week?

Given such a question, the answer is "zero".

Seriously, you want to enter the most volatile asset class that existed so far and you want to plan on a weekly timeframe? The weekly return you should expect is -50% at least.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: When ICO rush will stop? on: November 10, 2017, 04:56:01 PM
perhaps it is very unprobable for ICOs to stop completely, but we'll see less of them as the already existing tokenized projects fail to deliver.
3  Other / Politics & Society / Re: Cryptos and politics on: November 10, 2017, 03:49:30 PM
relevant:
https://www.theatlantic.com/technology/archive/2017/05/blockchain-of-command/528543/
4  Alternate cryptocurrencies / Altcoin Discussion / Re: ***WHERE THE HELL IS MY BITCOIN GOLD*** on: November 04, 2017, 10:49:48 AM
Bitcoin Gold is run by scammers so lame that they cannot scam people into their premined coin properly.
5  Other / Beginners & Help / Re: Bitcoin Gold? on: November 03, 2017, 05:45:46 PM
There is no wallet, no blockchain, nothing (or at least I haven't noticed).
There only markets out there are futures markets https://coinmarketcap.com/currencies/bitcoin-gold/#markets

So is it a thing? I doubt it.
6  Other / Beginners & Help / Re: Increase my BTC value on: November 03, 2017, 05:38:40 PM
Also, bear in mind that trading cryptocurrencies to fiat may incur tax liabilities depending on your jurisdiction.
7  Economy / Economics / Re: Inflation and Deflation of Price and Money Supply on: November 03, 2017, 05:28:17 PM
Inflation is bitcoin supply is quite high, and will increase for the next years to come. Supply of money is also a matter of velocity, or speed, of money flows. Keep that in mind.

Now that is a magnificently bad explanation :-)

Currently the growth of Bitcoin supply is a little less than 4% and will decrease for the next years to come. Supply of money is deterministic and not a matter of velocity, or speed, of money flows. Keep that in mind.
8  Economy / Speculation / Re: is it possible bitcoin's price going to 10000$ at the end of 2017? on: November 02, 2017, 05:49:07 PM
Consider that $10k is about 43% from the current price, while current volatility of BTCUSD is ~70%. So it would be within one standard deviation of the BTCUSD returns - yes, it is possible.
9  Other / Beginners & Help / Re: Increase my BTC value on: November 02, 2017, 05:31:47 PM
hello.I'm new to cryptoworld and i want to know how to increase my btc value in bittrex.I bought some btc for 29$.I have trade in the bittrex using that.But my BTC value decrease to 23$.I always sold my altcoins to high price(more than my buy value).but I haven't satisfied about that.Please give me some advice to increase my btc value. I want to learn some technics to increse my btc value.Please help me to win my dreams  Smiley Smiley
Thank u

Rule #1: don't lose money bitcoins
Rule #2: don't forget about rule #1

Seriously, trading is just a job, or a business. If you don't know how to trade, don't try.
10  Economy / Speculation / Re: Drug Money and the Rise and Rise of Bitcoin on: November 02, 2017, 04:31:45 PM
Hey tokeweed, I'm hearing you out! Here's my take on it, after seeing several discussions and thinking about it myself.

1. To launder that much money, you'd have to be moving a LOT of bitcoins. Regularly. If the total market cap of crypto is only 165 billion, and of that only 94 billion, we're talking about very noticeable amounts being laundered. Even taking into account a $5000 Bitcoin value, to move 1 million dollars requires 200 Bitcoins. And we know the industry is moving hundreds of millions a month. Those Bitcoin volumes moving into USB wallets are going to be very easy to detect. Getting someone to SELL you those Bitcoins is going to be hard to find. Exchanges as we know them are going to be very difficult as well.

See, if you're moving millions of fiat in a global market of 100s of trillions, it's a speck. Perhaps when Bitcoin is valued at 100,000, it may become more viable.

2. It didn't take long for the FBI to track down dark markets who went through the trouble of mixing, remixing and anonymising their transactions... on a volume far smaller than drug cartels. What this tells us is that the tracking software has become very sophisticated.

I believe the technical knowledge required to hide and launder Bitcoin, being a non-anonymous public ledger and all that, is a deterrent to major organised crime to using crypto. They've got great accountants schooled in conventional finance, but not yet the skilled programmers who would help them use crypto to their needs.

However, due to ETH's architectural difference (and Monero's), illegal activities are moving towards them and it may well be that they could be used chiefly for these. Research already shows Bitcoin illegal use dropping sharply, and is predicted to be less than 5% of volume end of this year.

3. Most likely, they haven't heard about Bitcoin yet or don't know yet how to use it. Somewhat related to (2)... but you know, these guys are probably unimaginably removed from our world of computers and digital tech. Call it a deeply-ingrained culture of paranoia!

This is a very good explanation.

Indeed, trade in illicit goods was a driver of bitcoin price a while ago (at the times of Silk Road, where you had to have btc to trade), now it is negligible.
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