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1  Bitcoin / Bitcoin Discussion / Downside of Bitcoin's Anonymity on: October 16, 2018, 09:27:06 PM
Bitcoin is a decentralized currency that is transparent and secure. With the rise of bitcoin and blockchain technology there are lots of opportunities and benefits that the society can acquire. Little did we know that with the rise of this technology there are some scumbags who took advantage of one of its features which is anonymity, purchasing illegal stuffs online and even laundering money using bitcoin.

I bumped into an article awhile ago and I guess it's worth to share.

A Romanian City Hall was hacked and the hackers are demanding bitcoin as ransom.

You can read more in here. https://coindoo.com/romanian-city-hall-hackers-want-ransom-to-be-paid-using-btc/

These kinds of acts are giving bitcoin a bad name. We are moving forward to a digital world and whether we like it or not, we'll be using crypto as means of payment when doing transactions online in the near future.

Will hacking incidents increase as well as we progress with this digital currency? Is there a way that we can catch these guys given the anonymity of bitcoin? Do regulations solve this kinds of issues of anonymity? Share me your thoughts!
2  Economy / Speculation / I can see greens! on: October 15, 2018, 07:55:28 PM
As of this moment when I tried to look at the performance of bitcoin in the market I found out that almost every crypto is on green. Does this manifest the start of a bullrun for bitcoin's value? Will this greens remain strong in the coming weeks or until the end of the year? Share me your thoughts on this!
3  Economy / Speculation / Signs That The Bitcoin Bulls Are Ready To Break Out on: October 10, 2018, 08:58:52 PM
https://cryptodaily.co.uk/2018/10/signs-that-the-bitcoin-bulls-are-ready-to-break-out/

I know that there's no one in this forum that can predict correctly about future values of bitcoin. We are all in here speculating certain values which are too far from reality. All of us are hoping that bitcoin will go skyrocket and hoping that we can profit. From the very start of the year 2018, bitcoin has been experiencing bloodbaths due to FUD and regulations but still remained strong. Will Bakkt really impact the value of bitcoin? Is this the start of the comeback of bitcoin's value to $20k? Share me your thoughts!
4  Economy / Services / Hire ME! Telegram Support, 24/7 Customer Support,Virtual Assitant on: October 07, 2018, 08:58:30 PM
If you need a virtual assistant, moderator of your telegram channel, 24/7 customer support for your site. Send me a message. Thanks!
5  Economy / Speculation / Bitcoin Price Manipulated by Cryptocurrency Trading Bots: WSJ on: October 03, 2018, 05:05:34 AM
https://www.ccn.com/bitcoin-price-manipulated-by-cryptocurrency-trading-bots-wsj/

Trading bots are rampant in the market. Many whales are actually using such bots to execute the trades in behalf of them doing it manually. The good thing about using bots is the absence of its emotions, unlike us we often let our emotions cloud our judgement.

Do you really think that trading bot is capable of manipulating market prices as a whole?

As what I understand about trading bots, humans are still the one who are setting it up and limiting the trade operations to be done daily. Is this really one of the factors that affect the price of bitcoin to go down? Share me your thoughts. Thanks!
6  Bitcoin / Bitcoin Discussion / BITCOIN VALUE INDICATOR SAYS PRICE ‘STILL OVERBOUGHT’ BUT BOTTOM ‘NEAR’ on: October 02, 2018, 08:29:15 PM
https://bitcoinist.com/bitcoin-value-indicator-says-price-still-overbought-but-bottom-near/

“Bitcoin is probably still overpriced, but the fundamentals are steadily improving while the average price of Bitcoin has continued to fall,” he wrote concluding the findings.

I somewhat agree with this statement. As much as I wanted to see bitcoin's value reach its new ATH for this year yet seems so vague due to lots of factors affecting its performance in the market.

From your own personal opinion, what should be the rightful price of bitcoin considering every factors to acquire a coin? Is bitcoin really overpriced despite the difficulty of mining a coin nowadays and the resources needed to perform such tasks? Share your thoughts!

7  Bitcoin / Bitcoin Discussion / Bitcoin Continues to Consolidate As Volatility Reaches Lows of 2018 on: October 01, 2018, 04:24:08 PM
Bitcoin BTC technical analysis for 1st October 2018. Bitcoin continues to consolidate as we enter Q4 of 2018. We have experienced a prolonged bear market for the first three quarters of 2018, will the last quarter be any different?

https://blokt.com/technical-analysis/bitcoin-continues-to-consolidate-as-volatility-reaches-lows-of-2018

I think the last quarter will exhibit a bullish market. We have been in the bear market for quite a very long time now since the year started. Hoping that by the last quarter there will be a recovery when it comes to bitcoin's performance in the market.

Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?
8  Bitcoin / Bitcoin Discussion / Uncertainty of Bitcoin's Value on: September 15, 2018, 05:20:09 PM
We all know that no one can really predict the value of bitcoin. The volatility is to high and we could lose our investment even in a day. With the bloodbath that we experienced few weeks back there are lots of doubts and fears coming in. Is bitcoin's value really manipulated by whales? or its just that, most of the investors shifted to a different investment vehicle?

I really think the adoption of bitcoin is increasing everyday, but why is the value is not going on a bull? Please enlighten me guys! Thanks!
9  Bitcoin / Bitcoin Discussion / Luxury Car Designers Rolls Royce,Bentley And Bugatti To Accept Bitcoin on: September 10, 2018, 05:07:33 PM
To all luxury car fanatics out there brace yourselves for you can already purchase your dream car using your bitcoins. This will really show great impact on the performance of bitcoin in the market. I know there are lots of crypto enthusiasts who are very much willing to buy those luxury cars using bitcoin. This is the adoption that we needed for bitcoin's value to have a full recovery. What are your thoughts on this? Will this news can make a difference when it comes to bitcoin's value? Are you willing to pay for bitcoins or FIAT if you will purchase those luxury cars?

https://cryptodaily.co.uk/2018/09/luxury-car-designers-rolls-royce-bentley-and-bugatti-to-accept-bitcoin/
10  Bitcoin / Bitcoin Discussion / Bitcoin [BTC] prices will never go back to $20,000; claims Wall Street titan on: September 08, 2018, 06:45:15 PM
https://ambcrypto.com/bitcoin-btc-prices-will-never-go-back-to-20000-claims-wall-street-titan/

Here we go again, people from Wall Street claiming that bitcoin will never go back to $20k. Seems like they knew everything when it comes to this technology. The worst part is that they are claiming that most of the people who are into bitcoin investments are those people finding bitcoin as a scam. If it's a scam why bother investing in bitcoin in the first place? I bet many whales in Wall Street discretely investing in bitcoin as well. What are your thoughts on this guys?
11  Bitcoin / Legal / Bitcoin and Taxes on: September 02, 2018, 11:58:56 AM
The IRS currently considers cryptocurrency to be property. But that doesn’t mean one should avoid reporting gains. The agency has always been more lenient on taxpayers and investors who jump the gun in this regard. Coming forward sooner rather than later can help prevent stricter penalties or fines because of non-reporting.
https://usethebitcoin.com/understanding-bitcoin-and-taxes/

Do we really need to reveal how many bitcoins we have? What are your thoughts on this? Bitcoin as a decentralized system should be tax free. Does this defeat the purpose of the invention? To avoid the centralized system as well as those huge taxes?  Grin
12  Bitcoin / Bitcoin Discussion / Is this the road for recovery when it comes to bitcoin's value? on: August 25, 2018, 08:55:28 PM
I can smell that the value of bitcoin is slowly recovering from previous bloodshed. Hoping that the market performance of bitcoin will continue its momentum towards full recovery of its value last year. I know that there are so many factors affecting its value but with the help and support of the bitcoin community, for sure this technology will really withstand every drop of blood ( bearish market, red train ).

Is this one of the signs of a bull run soon? Do you think history will repeat when it comes to its performance last year December? I know it's quite vague right now to reach that certain value but it's very possible. Share me your thoughts on this guys.
13  Bitcoin / Bitcoin Discussion / Scammers are blackmailing men into sending Bitcoin, according to the FTC on: August 22, 2018, 04:30:21 PM
https://www.coininsider.com/ftc-warns-blakckmail-scam/

These scammers are really doing their best to get more bitcoin they wanted and take advantage of the weaknesses of others. Since we are already moving into the digital world of cryptocurrency, I guess we really need to tighten security measures and watch out for our very own actions for us not to be blackmailed by these scammers. We should all be vigilant when it comes to these kinds of crimes for we don't know when they'll gonna hit us or even our loved ones.

How can we stop these scammers from spreading and taking advantage over other people's money? Is increasing the bail or no bail at all if caught scamming or hacking can decrease these such incidents? What are your thoughts about this?
14  Bitcoin / Bitcoin Discussion / Bitcoin [BTC] now accepted for bail at Federal Court on: August 17, 2018, 04:58:04 PM
https://ambcrypto.com/bitcoin-btc-now-accepted-for-bail-at-federal-court/

Bitcoin is really going mainstream now. Even a federal court is already asking payments for bitcoin or any other crypto as bail. Is this news really legitimate or just another fake one just to at least ease our minds of what's happening recently to the crypto market. Hope this adoption of crypto even in federal courts will show great performance when it comes to the crypto market. So for all of those guys who have qualms about the situation of the market right now specially the dips of bitcoin, we just have to chill and relax then wait for the bull run soon.

What are your thoughts on this? Will this create great impact to bitcoin's value? Share your thoughts.
15  Bitcoin / Bitcoin Discussion / Mining Bitcoin Using Free Electricity on: August 12, 2018, 10:27:42 PM
https://www.newsbtc.com/2018/08/12/students-are-mining-bitcoin-in-university-dorms-campuses-are-alert/

Never though of this when I'm still in school but this is clearly profitable given the free source of electricity. I was so amazed by the creativity and intellect of those students taking advantage of the situation.  Grin

I don't have much knowledge about cyber security, is it really possible that the school's network will be compromised due to students mining activities using the schools internet connection? Will there be any legal charges if the students will get caught? Share me your thoughts.
16  Bitcoin / Bitcoin Discussion / A must read article for all emotional investors out there,FUD spreaders,skeptics on: August 11, 2018, 03:37:48 PM
https://ethereumworldnews.com/here-is-how-bitcoin-btc-has-survived-worse-including-the-mt-gox-saga-of-2013-2014/

I'm one of the supporters of this awesome technology. I've been monitoring bitcoin values since 2014 and an avid fan of blockchain. I'm no expert when it comes to its technicalities and predicting fluctuations. What I'm certain about is my belief that bitcoin won't just go down the drain because of the solid support of the community and help of some brilliant developers to maintain and improve its key features.

We are now experiencing bloodbath and huge dips in bitcoin's value. Emotional and newcomers into crypto are already panic selling. I just wanted you to know that this moment in time isn't the worst that BTC has ever experienced and I'm so certain that BTC's performance in the market will surely recover in the near future.

Hodler's may have been hurt due to this huge fall of bitcoin's value but only stronger hands wins this kind of waiting game for we all know that bitcoin will surely when it comes to value over time as its mining difficulty,usage and adoption increases.

Kudos to all bitcoin enthusiasts and supporters out there that truly believes in the technology despite the bloodshed that we are experiencing now or until the end of the year.

Remember that the weaker hands can't win in this kind of situation. Whales will be laughing at them who do panic selling.
17  Bitcoin / Bitcoin Discussion / High risk results to high rewards on: August 10, 2018, 07:33:21 PM
https://www.livebitcoinnews.com/4-in-10-americans-will-never-invest-in-bitcoin-says-latest-crypto-study/

I've known some few friends who are into forex and stock investments. When they've learned that I engage myself into crypto trading and investments they discouraged me due to bitcoin's price volatility and unpredictable fluctuations. All I can say to them is that I only invest an amount that I can surely afford to lose and taking huge risks will definitely compensate you good returns as well. I bumped into this article saying that 4 in 10 Americans will never invest in bitcoin, which is somewhat realistic but still history can really tell that bitcoin has changed lots of millennials who took the risk and profited when bitcoin value skyrocketed to almost $20k last year.

So with this article it shows that there is still high percentage of Americans that is willing to take risks to invest in bitcoin just to make some good profit in the near future. What are your thoughts regarding this one? Share me your thoughts.
18  Bitcoin / Bitcoin Discussion / BITCOIN IS THE BEST HOUSE IN A TOUGH MARKET? on: August 07, 2018, 05:00:30 PM
That is why bitcoin is the most trustworthy and secure investment vehicle in the crypto space. There are lots of altcoins in the market but for me bitcoin is still the best bet of them all.
Many FUD spreading everywhere that bitcoin will be dead anytime soon but that's just too impossible to think of given the fact that bitcoin is slowly being adopted by the society and is going mainstream. With the bearish market that we experienced this year, bitcoin remained strong and the support of the community exhibited by bitcoin's performance in the market.

https://bitcoinist.com/tom-lee-bitcoin-best-house-tough-market/
19  Bitcoin / Bitcoin Discussion / New Coinbase Plugin Will Help Bitcoin, Ethereum, Litecoin, & Bitcoin Cash Reach on: August 05, 2018, 08:55:30 PM
Are we gonna be seeing a bullish market because of this news? For all we know that this would definitely provide convenience to both merchants and consumers worldwide. Kudos to Coinbase for such a brilliant idea in making crypto be adopted by millions of people worldwide.

Will this really play a vital role in making crypto go mainstream? Let me hear your thoughts.
 

https://cryptodaily.co.uk/2018/08/new-coinbase-plugin-will-help-bitcoin-ethereum-litecoin-bitcoin-cash-reach-millions/

20  Bitcoin / Bitcoin Discussion / Starbucks Plans to Support Bitcoin Payments Later This Year on: August 04, 2018, 03:00:24 PM


Brace yourselves fellow coffee addicts. We can now drink our favorite iced coffee or even pay for everything we eat in Starbucks for they are already accepting bitcoin as payment. This is one way of making bitcoin and other cryptos go into mainstream. We need big companies adopting to crypto for it to be known to public. Hope that in the near future every business establishment will make list bitcoin as one of the mode of payments for items purchased. I can't wait to try it out myself. Looking forward for this to take effect asap.

https://toshitimes.com/starbucks-to-support-bitcoin-payments-this-year/

Do you think this adoption will increase the value of bitcoin? Does this really have huge impact on the performance of bitcoin in the crypto market?

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