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541  Economy / Economics / Re: do you know about improper use of bitcoin? on: November 23, 2017, 05:24:40 PM
according to different observation i think few ways are available for abusing bitcoins transections such as Technical weakness , Greedy peoples ro dishonest people , proper management. i would like to describe above mentioned quotatin in briefly
1. technical weakness: we know its a peer to peer transection system throgh confirmed way. within a few second a dishonest  person can get more money by fast  clicking when submit second payment of different recipient.
Learn the blockchain before you come up with technical weaknesses because double spending is not possible here. Delayed response to your GUI can give you a chance to send btc to another address but that would not be confirmed based on my experience so that is not applicable to do that, did you try that for yourself? probably not.

2. proper management: there is so many lack of proper management of human or account holders. so many hackers want to hack system for getting money because bitcoins holder don't have any insurance like bank account holders. even government don't follow rules and regulation for virtual currency holders.
So what you think about it ?
What do you mean by proper management? that is important you're right but the most critical aspect of bitcoin is the security. That's right there are so many hackers then why do we need to prioritize proper management over security? secure your coins first in a cold storage before managing it that's convenient, even bitcoin don't have an insurance the positive volatility of this coin already beaten it.
542  Alternate cryptocurrencies / Altcoin Discussion / Re: Invest in altcoin still worth? on: November 23, 2017, 04:51:44 PM
Look like the Btc is unstoppable, have sense invest in altcoin in this 2 month? Anyway wich alcoin can have a better growth (exept fork) then Bitcoin?
The common ones are on the top 20 list of https://coinmarketcap.com/ They've stayed there because they are good and legit investments but still do your own research before engaging to a coin as there is always a risk for cryptocurrencies as studying and researching can decrease the risks.

Don't mess around with investment
Prudent investment
Be responsible for your own money
I think the Op is just asking for which altcoin is the best investment he is asking first before engaging so he is not messing with investments but your statement is right because some people just throw their money without a concrete confidence about the coin.
543  Alternate cryptocurrencies / Altcoin Discussion / Re: Why etherium is rising significantly? on: November 23, 2017, 04:07:16 PM
Is there any reason why etherium is on the rise recently?
Its already uped by 10%+

I think its because almost coins new born tokens and coins are base on ethereum platform,,thats why eth is in demand this time. So Much better to hold eth,  hopefully it will be touch  500$ or more soon.  Thats only my thoughts.
That's right one of the reason is that there are more ICO's that develops their coin and project over the ethereum blockchain making the price go pump but that is not the main reason why.

I think the reason is the upcoming upgrade called Casper proof-of-stake protocol that is developed by Vlad Zamfir hyping the people to go for eth rather than any altcoins on the market. you can check what is that and how it works here https://blockgeeks.com/guides/ethereum-casper/

live right now is to buy at 400, for subsequent sale or it may fall?
 Roll Eyes  Huh
There will be a little dump that is going to happen but that will leave to your good judgment if you're going to buy or wait for the dumps, you may miss the chance while the price is still in the state of $400 because you are waiting for the price decrease. For me, I will go for it.

544  Economy / Economics / Re: Algorithms nothing else on: November 23, 2017, 03:21:41 PM
We only shifting the simple work to robots and create on other places new.
That's right, the innovation and the trend of the robotics industry are growing yearly, they tend to improve the existing one or find a common problem then deploy their solutions using the machines that they've invented to solve the issue and make the living easier and comfortable. take this machines for example that is being used for daily lives like iRobot Roomba 980 (used as a vacuum cleaner) and Robomow RS630 (Robotic lawn mower) the shifting is slowly overtaking the simple chores.

There will be still stuff to do which a robot will not able to do it. But not in 50 years.
Read the book Homo Sapiens. This guy write it just how it would be in 2050 and above.
There's still a lot of loopholes for using such devices to what extent that they've programmed for, there's always a limitation for their task given by the situation and the changes that the machine cannot adapt to function. 50 years is still early for this machines to achieve that state but we can't disregard the book that is mentioned don't just fully rely on that.

Everything works with algorithms. Even a Police officer, lawyer or Doctor could be replaced by a machine.
But robots can't work with a conscience, even super coded algorithms can't fully adapt to different situations and there is no assurance that they will do the right judgment.
545  Bitcoin / Bitcoin Discussion / Re: Why isn't bitcoin enough? on: November 23, 2017, 02:17:50 PM
That's trillions of units.  So what is the point of bitcoingold, bitcoinsilver, bitcoincopper, litecoin etc etc.  Why is all this happening and where is the value.  It starting to look like what the Fed does with money printing.
That's why they created their own version of bitcoin or other coins out there, alternative coins short for altcoins were created for what is bitcoin lacking, transaction fees, confirmation speed and key features. Take BTG as an example, they are premined coins that can gather from a GPU mining system which the btc cannot be mined but that coins are just scam created for the sole purpose of money.

Forget the subject of smart contracts and lets focus just on a currency.  Why do we need anything other then just the bitcoin block chain?
Because bitcoin cannot cater the needs of the majority based on its features that's why it's not enough. altcoins are created to fill that holes and needs.
546  Bitcoin / Bitcoin Discussion / Re: Another Fork in December on: November 23, 2017, 07:47:57 AM
There are continuing rumors about another bitcoin hardfork on December. If this happen, will bitcoin go for another all-high time or may suffer another big crash this time.
Before the hard fork of bitcoin for the Gold, some people here used to joke that there will be a fork which be called bitcoin silver, bitcoin diamond, bitcoin platinum and so on, if this thing is true then that would be hilarious that there are plans to use this name.

All good with bitcoin except forks...
What good about hard forks is that they boost the bitcoin's price, small dumps is a normal scenario giving traders a chance to buy more btc while in that state. Another thing that is good for the hard fork is that it gives free forked coins to the users who stored their bitcoin to a wallet that they control and owned the private key, once the chain is split in two they will have both the original and the newly forked coin.

all that rumors, price changes and other prevent btc stay real cryptocurrency.
Bitcoin is a cryptocurrency, what makes it to prevent to be a real cryptocurrency? Even the time bitcoin will be replaced or devalue, it is still a cryptocurrency.
547  Other / Beginners & Help / Re: Should I Be Scared Of Hackers If I Have Lot of BTC. on: November 22, 2017, 07:35:08 AM
I am hearing a lot of users' complaint about having a problem transferring their BTC, Nowadays I am not selling it because I am "Hodling" it for future. But I am a bit of scared now because all this news about the people's BTC being hacked.

What should I do If My wallet or BTC gets hacked?
Can i ask what kind of wallet you are using to store a large amount of bitcoin for you to be scared? Online wallets? Exchange? Coinbase? etc. The basic hacking 101 for them to steal your digital expensive coins is that it is stored on a hot wallet that means it is exposed everyday in the Internet added the drooling amount of the btc that is being exposed online.

If you are using hot wallet and preferred to hold it for a long time please don't hesitate to move your btc to a cold storage, that would make you ease from hacking problems just don't forget the backups that is not exposed to the Internet. If you are using an offline wallet and your backups is safe. remove your fear from being hacked just make it sure you know the basics on securing and protecting your coins.
548  Bitcoin / Bitcoin Discussion / Re: How to DEAL with FUD's on: November 22, 2017, 06:20:36 AM
FUD is everywhere and it exist in every crypto.

Some FUD are true because of its evidences (screenshots etc..)

and sometimes the crypto price stumble and fell.

is the FUD can be a basis now for cypto price fall?
It is not always the basis for the price dump there is a bunch of factors to be consider for that situation but FUD's are not always true the right word for that is "its too good to be true" you're spreading that rumor because you want to create a fear, panic selling, promotion and control for a certain coin. If that news is true the word FUD is not the appropriate term. That is Official or legit news that is based on facts.
549  Bitcoin / Bitcoin Discussion / Re: Bitcoin can be hacked on: November 21, 2017, 12:26:15 PM
There are talks theat google and IBM's quantum processor can be used to hack the bitcoin blockchain. If it is even remotely possible, devs should be brainstorming to counteract this.
If a quantum computing is fully developed or if it is possible to create one, i heard that rumor many years ago I think it is last 4 years, Some of my professors told us about quantum computer and how powerful it is but the existence is still questionable that day. Now i heard news that they have succeeded on developing a quantum technology that uses a small number of qubits. that would be awesome but not worried at the same time because bitcoin uses SHA-256 that is quantum resistant and any other attacks. I think they called it D-wave.



550  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do you choose your altcoins? on: November 19, 2017, 10:36:04 AM
Why do you decide to hold your altcoins? Because of your researching about that coin or just because people on this forum said it's potential?
Another reasons?
It's because something boost my confidence to pour my money for the altcoin, of course it boost by reading the white paper, their plans and uses of the coin, The hype and the Vibe that is created by the team, the flexibility and the unique features of their coins added by the security measures that the altcoin can provide, of course i decided to take the risk because they are one of the top 20 coins in the market there's a reason why they are staying to the top and that is the foundation and authenticity.
551  Economy / Trading Discussion / Re: Equipment for trading on: November 19, 2017, 10:07:29 AM
Hey people,

Just wanted to know which set up is the best for trading, because i need to get a new laptop and really thinking about going for a macbook.
Trading is not possible with a Ipad Pro.

Thanks a lot in advance!

Greetings

Exchanges sites like Bittrex or Poloniex lag a bit to my PC sometimes the Browser is not responding at all loosing great opportunities to trade to a certain coin because i have a crappy core 2 duo system so my advice was to go for decent laptop with a stable internet connection go for mac book if you have a budget to afford it, for Ipad pro or even Android phone i think it is not possible because the price movement is not good for real time monitoring, you need to refresh to look for an update which is not convenient i tried it on chrome android version so it's not possible.
552  Economy / Trading Discussion / Re: what is the right time to cash out? on: November 19, 2017, 09:50:27 AM
I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.
always read peoples opinions like here in BTT or in the Youtube trader channels because you will know what's the situation and what is the possible way to do for these times but don't rely in one article or advice because that may be a fud maker so always seek the majorities judgement so that you can come up with a good decision, when you heard that the majority of the miners and investors are drawing back from btc then you should think twice in hodling so that you may cut your loose, always control your emotions and don't listen to the gossips that btc is a bubble BCH is the true btc and it will dominate it.
553  Economy / Economics / Re: Turkish Central Bank President: “Cryptocurrencies May Contribute to Financial on: November 19, 2017, 09:25:16 AM
Yeah, it started in China, the Philippines, and now we see a complete ban. So this while they see the pros, how the fog will dissipate, then they will move on to the next stage.
I think the complete ban is just imposed in the country of China but the complete one is just a rumor they just banned exchanges and ICO they are just planning to ban even the mining. there's no ban in the Philippines, BSP accepted and acknowledged the usage of bitcoin they even promote this one but your right about how btc spread like a wild fog, well they can't consider it as a contribution to the economy financial stability as the btc itself is not stable making the government triggered to ban bitcoin because of how cryptocurrency market works but rather they need to see it as an investment and an opportunity to innovate their current system. CBRT have a positive insight in btc they just warns their citizen about the risk factors that the btc have.
554  Economy / Speculation / Re: Did Bitcoin price rise that fast because of ICO's / Forks? on: November 19, 2017, 08:55:02 AM
I think so because ICOs spent lots on advertising to attract new people into crypto.

Once these ICOs start failing big style I suspect the opposite effect.
Most of the ICO are not correlated to bitcoin as the majority of them are based on ethereum so Initial coin offering has nothing to do with the pumps, Forks maybe, because some Investors are focusing in other altcoins then there is an announcement that there will be a bitcoin fork for example bitcoin silver, of course when we heard fork it's free money just store you btc where keys are safe then after the fork claim it easy money you say. But for me the main reason why btc is pumping so fast is because of the adaption and trend to different businesses and companies who are planning to use btc for their services added by some countries acceptance of btc like Philippines and Japan and the support of different big personalities Not Jamie Dimon.
555  Bitcoin / Bitcoin Discussion / Re: Mark Karpeles Gox ICO to revive the exchange on: November 19, 2017, 08:43:11 AM
One of my Japanese friend was using this Exchange the so called Mt. Gox last 2013 she used to have 18 btc there until the exchange was suspended last 2014. I feel sorry for her because that amount of btc this days is almost $130,000 plus she regretted to store all of her bitcoin in an exchange in the first place so she taught me that always store large amount of btc into cold storage and risk a little in a exchange. For Mt. Gox good luck in the ICO for sure people learned their lesson and they will not trust it anymore. Most of the btc was stolen from their hot wallet no wonder why that large amount of money was just stolen.
556  Bitcoin / Bitcoin Discussion / Re: AI changes the world of Bitcoin on: November 19, 2017, 08:08:30 AM
What happens to Bitcoin if artificial intelligence would become smarter than humans or just very smart? Would it invent some kind of super mining to help humans, hack the system, make it better, ignore it or buy every bitcoin in existence with super bots and became richest in the world and then mess up everything else?
I expect that to happen in 20-50 years from now (if not Satoshi is an AI already). It´s inevitable!
Creation cannot surpass their creators as well as AI cannot overcome or outsmart human being specially for those who created it, they can create super advanced AI beings but to the point that they will act on their own is something impossible i'm maybe wrong but as a simple programmer AI can just perform what the creators are coded them to do, the Intelligence that the programmers injected to the AI is programatically limited that depends on a certain task or performance, AI bots for mining, trading and helping people is possible but outsmarting is almost impossible.
557  Bitcoin / Bitcoin Discussion / Re: China Ban Bitcoin mining ??? on: November 18, 2017, 07:32:14 PM
Hi,

China has already banned ICOs and is shutting down Bitcoin exchanges. What would happen if they also banned crypto mining?

Overall nothing.
A decrease in hashrate, slower blocks till the next difficulty adjustment and then everything back to normal while miners will probably relocate to other countries.

Once this is over I will open the third beer since we will be finally done with china banning bitcoin/ico/mining and there is nothing left for them to ban.


It seems that they will switch to bch and neo in china, Do yo think it's a fake news ?
I heard that too they are switching to BCH but the official news for that is not clear so we can consider that as a rumor not fake news yet, well it is not our loss for them to ban mining because it will be their miners loss but some of them will cleverly shift their mining business most of them are going to Japan of course, Traders have been move to JP lately and now if this news is fact, the miners will go as well next to them. so probably this will effect the price and mining a bit.

Whats next if this is true? China will probably ban their citizens by saying the word bitcoin.
558  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO in November on: November 18, 2017, 07:15:31 PM
there is a lots if ico r in this Nov Ethconnect,MCX,DAS etc r most talking ico as I'm a newbie in crypto how do I select most potential ico.

Always do your own research and read white papers.
or you can check ICO list at  https://iconow.net/ico-listing-active-icos/
Whenever i click the link that you've provided it always gives me this error ERR_CERT_AUTHORITY_INVALID i think the safe way is to not visit that site and look for some alternative site like this one https://www.icoalert.com/ convenient to use as it shows ended, upcoming and active ICO's.

Well there's a lot of them even by checking the list of upcoming and ongoing ICO, well I'm going to try Angel token as the purpose of the token is to assist or help small or undervalued cryptocurrencies, you can read their white paper if you want and interested before investing.
559  Economy / Economics / Re: Why the anti government on: November 18, 2017, 06:48:29 PM
I have realized that almost every body is anti government when it comes to bitcoin and be decentralized or not being controlled by government.  Grin
Not everyone are against the Government when it is all about bitcoin and being decentralized, we are just sick about what they are doing repeatedly to the economy of a nation that always fails. I'm not saying all of them are like that but some of them are greedy as hell as they impose over tax to the citizens printing paper money that is controlled by them. We are fine with right process of regulation but planning to control the bitcoin by centralizing the transaction of it within the country but that's not gonna happen because that is not how bitcoin works. They are allergic to the blockchain technology because it has no centralization, transparency and has non-modification features.
560  Economy / Economics / Re: Is there a fixed supply of bitcoins around the wolrd or is it printable like $? on: November 18, 2017, 06:21:33 PM
the maximum numbers of bitcoin is 21million pieces and all bitcoin has been mined! bitcoin now is just circulating on the market and most of it are stored in many peoples wallet ! thats why bitcoin is so votality and have more demand than supply!
Really bitcoin has all been mined? Is the year now 2140? because if not you need to read and analyze the bitcoin and how mining works the total number of btc that is circulating to the entire planet is 16,684,613 by this time and the total number of it is 21 million so still miners are earning btc as a block reward. So stop saying misinformation as the newbies can read this stuff.

The bitcoin is almost the reverse of the traditional fiat monetary system and we are all living in a digital/internet age so it will never gonna available for printed version for it is solely for blockchain technology, the only printed that you will ever saw that is related to it is a wallet i think you misunderstood wallet from the actual bitcoin.
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