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1701  Bitcoin / Bitcoin Discussion / Re: India closes doors for Crypto Currency on: July 20, 2018, 05:44:01 PM
According to recent news, RBI which is India's central banking institution has advised to stop transactions from any crpto exchanges. This will stop the buying and selling of bitcoin and changing into local currency. Official statements hint more bad days for bitcoin.

For more info, check : https://economictimes.indiatimes.com/wealth/personal-finance-news/your-bank-will-not-allow-you-to-buy-bitcoins-anymore/articleshow/63627123.cms
https://ambcrypto.com/bitcoin-btc-banned-in-india-reserve-bank-of-india-releases-an-official-statement/
The Reserve Bank of India is neither a legislative body nor a central executive body. It can not prohibit crypto-exchange exchanges from making transactions in the crypto currency. He only recommended his subordinated banks not to have any financial relations with the crypto-exchange exchanges. No one has forbidden the crypto currency in India and is not going to ban it. She still freely walks in the country. Regarding such an order of the Reserve Bank, the Supreme Court of this country continues to consider a number of lawsuits and a regular hearing is scheduled for the end of July.
1702  Bitcoin / Bitcoin Discussion / Re: Bitcoin become an asset on: July 20, 2018, 05:31:56 PM
https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

 I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

While bitcoin is very rarely used as money, that is, as a means of payment. It is more used as a speculative value, this is exactly what people made of bitcoin. Therefore, it is quite logical that states in most cases classify bitcoin as a financial asset, and not as a currency. True, in the United States it is recognized as property, in some other countries - as a commodity. I think that while great importance does not matter how bitcoin is classified. Now it is still important that it is officially recognized by the state for circulation inside the country.
1703  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: A large part of the bounty Scam on: July 17, 2018, 07:48:25 PM
I wonder what other activity can bring more profit taking into account: 1. 0-initial investment 2. Do not need workplace 3. Not need a profession 4. Not need talent 5. Work as much as you want
Yes, these are good benefits of working as participants in the ICO signature campaign before the usual basic work. This despite the fact that half of the projects are clearly fraudulent, vseravno engage in this activity is still profitable. We just hope that the activities of the ICO in the near future should be regulated by the states and then it will be simpler with fraudulent projects. However, I do not know how this will affect the amount paid to bounty hunters.
1704  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How to earn merits. on: July 15, 2018, 06:21:16 PM
I've been on the forum for three months now. I follow the world of cryptography. I can not understand how to make money. What you need to do in order to be given a measure. I already look at some juniors for 400-500 assets, and merit is not one. When this ranking ends. At least 500 assets were given 10 merits, and for 1000 assets 100 merits. Here for this work on writing assets you need
I also think that the system of merit does not justify itself. In principle, the idea is good. Just can not the current few people as sources of merit in this forum view hundreds of thousands of messages per day and determine who is worthy of merit and who is not. It would be much better and more democratic to do as it was on the day of the introduction of the merit system, when each rank had a certain amount of merit, which they could send to others, but that this amount should be renewed, say, every three months.
1705  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should I buy TRON or ETH? on: July 15, 2018, 06:06:03 PM
If i'm looking to make my first crypto purchase, which one would you suggest buying and why? I love ETH because it's established but still not as expensive as BTC, but I also am hearing about TRX (TRON) nonstop...

If lets say I have $500 to start with, what should I buy and why?
It is necessary to choose one ethereum. This is a reliable and proven coin, which, in my opinion, is still too underestimated. It should be borne in mind that soon the PLASMA project will be implemented in it, which will allow solving the urgent problem ethereum with scalability and will allow it to carry out hundreds of thousands of transactions per second instead of the current fifteen. It also plans to introduce other platforms that will increase the functions of ethereum. All this will increase the popularity of ethereum and will greatly increase its cost.
1706  Bitcoin / Bitcoin Discussion / Re: Bitcoin become an asset on: July 14, 2018, 09:57:45 PM
Today, states can not classify bitcoin as a currency. It is very different from people's idea of currency. In addition, if the state recognizes bitcoin currency. then you will need to apply with it as a currency. And the states are not yet ready for this.
Therefore, it is easier to recognize it as an asset. Vseravno in the future, if necessary, this view can be revised depending on the additional data received.
1707  Bitcoin / Press / Re: [2018/07/11]China is committed to control cryptocurrencies within its territory on: July 14, 2018, 09:29:05 PM
It seems that China is seriously preparing to ban crypto currency in its own territory. I'm just wondering whether it will be possible to prohibit decentralized crypto currency in them, or not. And they will come up with something of their own, individual. They also understand that a vacuum with a crypto currency will have to be filled in with something. Otherwise, some prohibitions will be ineffective.
1708  Bitcoin / Press / Re: [2018-07-13]Trump Invested in Cryptocurrencies, That's the Reason He Isn't Banni on: July 14, 2018, 09:11:30 PM
This is quite interesting news. It's interesting whether Trump invested a lot and in which exactly the crypto currency. The US position on the crypto currency is quite tough, but it does not feel that they are on the way to establishing a complete ban on the crypto currency. The US authorities are already forced to take into account the growing interest of citizens in the crypto currency. Therefore, I do not think that the crypto currency will be banned in the US. Most likely, it will be further regulated more and more in detail.
1709  Alternate cryptocurrencies / Altcoin Discussion / Re: Too many altcoins on: July 14, 2018, 08:52:13 PM
With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?
Altkoinov is now really very much now. However, most of them are tokens. They do not need to know all, because they are used in the narrow spheres of our life. We only occasionally come across from some of them. To know them, you need to familiarize yourself with the ICO projects, not the basis of which they were issued and the subsequent information on the stages of the implementation of this project.
Coins are more of the same type. They differ only in their different functional qualities.
1710  Bitcoin / Bitcoin Discussion / Re: Bitcoin is it the Future of Banking ? on: July 13, 2018, 09:21:50 PM
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Bitcoin and banking are incompatible things. Bitcoin is not able to replace the banks, it is simply not suitable for this. The main function of banks is credit and financial. How is bitcoin going to lend to individual sectors of the economy? Yes, he himself is able to quickly adjust the economy of any state because of its high volatility.
1711  Bitcoin / Bitcoin Discussion / Re: Did you know that 25% of all Bitcoins are lost? on: July 13, 2018, 09:05:45 PM
According to Jameson Lopp, a former BitGo and current CasaHODL engineer over 4 million Bitcoins (over 25% of current circulation) are lost.

Source: https://coincodex.com/article/2018/jameson-lopp-estimates-4-million-bitcoin-are-lost-forever/
I have read from several sources for a long time that more than six million bitcoins are considered lost. Here the figures are clearly understated and obsolete. In principle, how can you accurately calculate the number of already lost bitcoins. It is clear that this figure will always be approximate.
1712  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: EOS: The State of Current Technology And The Frenzy Surrounding RAM Trading on: July 13, 2018, 08:55:16 PM
One can agree that EOS is already a new generation of crypto currency and in due course will be a worthy rival of ethereum. It is very good if the promising coins are reasonably competitive with another friend. This will make them improve. Therefore, ethereum is already taking measures for this. I recently read that in ethereum they intend to implement PLAZMA technology that will solve the urgent problem of ethereum with scaling and carry out hundreds of thousands of transactions per second against the current fifteen.
1713  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will ETH cross BTC one day ?? on: July 12, 2018, 08:27:30 PM
If bitcoin does not improve and will continue to have scalability of seven transactions per second, then it is possible that ethereum will one day be able to bypass bitcoin in all respects and take the place of the leader of the crypto currency. Especially, in ethereum they are now preparing to implement a new project called PLAZMA, which will allow for scalability in hundreds of thousands of transactions per second.
1714  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: A large part of the bounty Scam on: July 12, 2018, 08:13:55 PM
I can say 100% that 60% of all bounty is a Scam. The reward for them is either given and the tokens will lie on your wallet forever or do not give at all. Then what's the point of doing this ?

Scam ICO is really a lot, but I would like to know where such exact figures come from. Or are you talking about your own statistics? So maybe you have problems in the ability to choose good ICOs?
Well skszano. And they speak about 60 percent, 80 percent of fraud cases among ICO campaigns and at the same time everyone wears signatures of specific ICO campaigns. Of course, we should agree that there are a lot of fraudulent ICO projects now. However, in general, this activity is profitable. At the same time, we hope that over time, more and more states will regulate this activity and fraud in the ICO will become almost impossible.
1715  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is still Ok to invest in Etherium on: July 12, 2018, 07:00:14 PM
Hi guys,

I was trying to invest around 5K in Etherium. The price at the moment is around 1.2K and as it looks it is still growing. You think is it a good time to invest ?
It turns out that in January, when the price of ethereum was 1200 dollars, there was a bad time for investments. The current price of $ 431 ethereum is more attractive, although this is not encouraging. We expect the rise of the crypto-currency market, including ethereum, again, though to the same price as in January, and it has been six months since it remains attractive for purchase, not for sale. At the same time, ethereum really needs to be bought, as its significant improvement is pending, which will increase the scalability of ethereum to hundreds of thousands of transactions per second.
1716  Economy / Speculation / Re: Do you think the bitcoin will reduce to what value? on: July 10, 2018, 06:08:02 PM
Last time, bitcoin prices continued to fall, breaking the bottom. It is predicted that if bitcoin breaks at 8k, then it will be possible for the initial value. What causes bitcoin to fall? Do you think the bitcoin will rise again?
Yes, compared to the end of January, even after half a year, bitcoin still lost several thousand in price. This happens almost at the beginning of each year, but this year its correction was delayed in time. However, earlier it also did not reach
and the cost of 20 000 dollars. In the second half of the year, especially in the fourth quarter, bitcoin always rose well in price. We hope that this year bitcoin will not disappoint its investors. Although strong growth is unlikely to be expected. I think that on average 15 000 dollars it will reach.
1717  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Should we limit members in one campaign? on: July 10, 2018, 05:52:35 PM
In my opinion, no restrictions are imposed on the participants of the ICO signature campaign from this forum. Campaigns ICO now every day there is a lot, there is where to choose. Almost half of the ICO's projects of the participants of the signature campaign are more often ten or two. So it can not be said that everything here is overcrowded here. Of course, for some ICO projects, sometimes 500-600 people join, or even more. However, because of this restriction should not be introduced. In my opinion, the right to limit the number of joined sites should be left only to the ICO team itself. Otherwise, we will invade their sphere of interest. The ICO team allocates a certain number of tokens to the generosity campaign and vice versa, is interested in the largest number of participants who would advertise their project.
1718  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is the King of ICO, Do you agree? on: July 09, 2018, 03:55:49 AM
If Bitcoin is king of cryprocurrency, then Ethereum is the king of all ICOs ,do you agree?  Stella,neo and no other blockchain has hosted ICO than Ethereum.
Yes, so far, one can agree with this statement, since more than 91 percent of all ICOs are conducted on the ethereum platform. However, in the future, I think, for ICO will be used a variety of platforms, not just the predominantly ethereum. Apparently, the EOS platform will also be used very soon. It is even possible that after a certain time it will be used even much more than ethereum.
1719  Bitcoin / Bitcoin Discussion / Re: Bitcoin cannot be a global currency on: July 09, 2018, 03:33:06 AM
Bitcoin can already be considered a global digital currency, as it is already used by citizens in all countries of the world. However, he will not be the official currency of any country, and he was not created for this. Bitcoin will only go along with the national money of different countries, but he will not replace them. Most likely, bitcoin will not be massively used at the state level. States will use their centralized crypto-currency for this.
1720  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it true that every end of the year so many Crypto-holders are rich? on: July 08, 2018, 06:18:16 AM
Basically this is so. Almost every year at the end of the year, bitcoin rises substantially in value and the holders of bitcoins become significantly richer. I think that this year will be the same. And, perhaps, bitcoin is ready for a bull run: if yesterday its rate was just over 6600, today it has significantly risen and becomes, according to CoinMarketCap, 6832 dollars. If its success is fixed, it will help to quickly return its popularity. By the end of the year, it can be very high in its value.
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