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1  Alternate cryptocurrencies / Altcoin Discussion / Can someone explain the Iota seed? on: September 15, 2017, 09:05:37 PM
I want to buy some Iota and to download the wallet and receive coins, you need to generate a seed. Is this the same as a private key for bitcoins?

If that's the private key, then what is the public key? Do we need both for Iota?

Just trying to understand Iota.

Thanks
2  Economy / Gambling discussion / Re: Trading vs Gambling on: July 07, 2017, 05:01:04 PM
Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  Tongue

I've been doing both trading and gambling lately. I trade to try to earn additional bitcoins but I gamble just for fun. I make sure to bet with very small amounts so I don't lose too much.
3  Economy / Trading Discussion / Re: Should I use a 'middleman' or a currency exchange? on: May 29, 2017, 06:53:48 PM
I prefer to buy on coinbase and then send to an exchange for trading. If you are just going to hold for long term, you could send the bitcoin to an offline wallet.
4  Economy / Trading Discussion / Re: Can you think , better time for trading ? on: May 23, 2017, 02:13:18 AM
I think it's not very easy to trade right now because the price just goes up and doesn't come down. It's hard to buy back in after a sell.
5  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: May 23, 2017, 02:06:18 AM
To me the best thing about bitcoin is the ability to send money anywhere in the world quickly. The second best thing is storage of money without a bank.
6  Other / Politics & Society / Re: Will trump be assassinated in Israel? on: May 22, 2017, 01:00:18 AM
Will he comeback alive?

Assassination is very unlikely in an allied country. There will be lots of security as normal. He will be well protected and they will get him out if there is any security issue.
7  Economy / Trading Discussion / Re: Place Orders Before Time on: May 20, 2017, 01:48:32 AM
Do you place order before time? For example you want to buy Ripple at 15K Satoshi, Its currently at 18K and you feel its gonna go down in a a couple of days and its better to place the order if you are not online to do so at that point.
And also for selling? Do you actually buy an alt, lets say Decred at 0.01 BTC, and you want to sell at least 0.015, would you place order right away so you don't have to keep on looking how is it doing and place the order when it actually goes close to that value?
Is it wise to do that? Especially for really short term trades.


I often place buy and sell orders well in advance because you can't watch the charts all the time. It also helps take some of the emotion out of trading.
8  Economy / Economics / Re: why is it so hard to buy bitcoin on: May 20, 2017, 01:46:12 AM
I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.    Huh

That is one of the problems with the average person getting bitcoins. If bitcoin ATM's were in more locations, I think more people would try to get bitcoins.
9  Other / Politics & Society / Re: Why do people like Trump? on: May 17, 2017, 12:52:13 AM
Yes OR No And STATE Why

He's good at telling an audience what they want to hear. If they are afraid of immigrants then he tells them he will build a wall. If they are afraid of losing their guns, he will tell them he will loosen gun laws, etc.
10  Other / Off-topic / Re: "fossil fuelled cars will disappear by 2025" on: May 17, 2017, 12:48:39 AM
At some point, another technology will take over in car engines. It may be electric or something else, but someone will make it cheaper and cleaner.
11  Alternate cryptocurrencies / Speculation (Altcoins) / Re: You might trade for profit but... on: May 14, 2017, 02:39:45 AM
Hi guys,
Do you buy one currency from one platform
 And then you.sell it in another? I am not a trader and can see eth is soled in poloniex for 87 and there is a price of it of 100 on some other place. Anyone can share? Thanks

There are people that trade this way but it seems like a lot of work to track several exchanges at once. I don't know if it is worth it.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum: Good alt or stay away? on: May 14, 2017, 02:35:10 AM
I hope to see another rally in Ethereum and i have now turned my attention to wage a bet in alt coins because of faster transactions and i hope i can convert some good amount by winning some good bets. With the price of ETH going down last week some of the ETH contracts i am holding also went down,hope they will pick momentum soon.

I think etherium is at least good to hold right now if you have some. I hope that it is a good long term investment.
13  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: May 11, 2017, 01:37:20 AM
What are the reasons, why people use Cash or Credit Cards / ATM / Banks?

* Work offline 100%
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
* anyone is able to understanding of the value of payment

The problem with fiat from most countries is that it loses value over time because of inflation. Bitcoin should gain value over time.
14  Economy / Speculation / Re: $2000 anyone? on: May 11, 2017, 01:30:51 AM
It seems that we have to have some corrections along the way. I don't see how the price could just keep going up constantly.
15  Economy / Speculation / Re: WARNING INCOMING CORRECTION on: May 05, 2017, 04:50:57 PM
WARNING INCOMING CORRECTION

Hodl onto your coins.

Bull run not over.

HODL!!!!!!!!!!

Bitcoin is probably due for a price drop after the huge increase lately. It is to be expected so we should not panic when it happens.
16  Economy / Trading Discussion / Re: Western Union carding on: May 02, 2017, 08:58:36 PM
This sounds like a scam to me. Stay away from any strange payment methods.
17  Other / Beginners & Help / Re: Bought BTC on PayPal and got scammed, please HELP! on: May 02, 2017, 08:54:21 PM
I've heard of problems and scams with bitcoin purchases before. PayPal doesn't understand bitcoin and doesn't verify that it has been sent.
18  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: April 30, 2017, 08:57:51 PM
I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.

My bitcoins will hopefully be saved for future use when they are more valuable. Right now it is mostly an investment.
19  Economy / Economics / Re: How many Bitcoin do you have saved? on: April 30, 2017, 08:54:27 PM
I am relatively new to bitcoin so I haven't been able to accumulate much yet. I have less than a full bitcoin. The goal is to save one full bitcoin.
20  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: April 28, 2017, 05:03:19 PM
Bitcoin is hard to understand for the average person. You have to read about it quite a bit to really grasp what it is and what it can do.
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