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1001  Other / Beginners & Help / Re: Mistakenly send BTC to BCD wallet (bitcoin diamond) on: September 19, 2018, 06:44:14 AM
-snip-

Not the person that you're asking, but your Bitcoin should be in a Bitcoin address that looks exactly like the Bitcoin Diamond address you sent it to. So here, basically:

https://www.blockchain.com/btc/address/13nSL8QN4j2dpDbt1BzymHazDCsaJuZXvU

Is that the same number of coins you accidentally sent? I could have misunderstood what happened to you, so please correct me if I'm wrong.

That being said, I don't think they'll be giving you the private key for this address. They're likely going to send you the Bitcoin back to some other address, if they ever get around to helping you.
1002  Bitcoin / Legal / Re: Cryptocurrency Tax Spreadsheet on: September 18, 2018, 12:45:52 PM
I found this on reddit:

https://docs.google.com/spreadsheets/d/1_qGIHqYhyaLz3ltndy3WUs2Xg10WSbP0uwIs5HEAeMI/edit#gid=260984640

But yeah, you do need to record all of your transactions. If most of your activity are in exchanges, it should be fairly easy as you should be able to find an informative log of all your actions.

As a sidenote, I looked into bitcoin.tax, and while I'm not sure how good it is, its description of itself seem perfect for your needs.
1003  Bitcoin / Bitcoin Discussion / Re: Yahoo Japan to Launch Crypto Exchange on: September 18, 2018, 08:30:17 AM
Yahoo Japan is a very different company from Yahoo Global. In both administrative and corporate matters. That was clear when Yahoo was sold. And the main thing is that Yahoo Japan belongs to SoftBank and Altaba.

SoftBank is a giant on the internet. It has participation in a hundred companies including Uber, Cruiser and several internet sales companies. Altaba has a very large slice in Alibaba. One of the largest commerce sites in the world.

This for me is much more than a move from an internet portal. It is a movement of large conglomerates filling a potential in cryptocurrencies as a means of payment. And opening the possibility of its adoption by several companies.

SoftBank
Altaba

Woah, very informative. Thank you for clarifying that. I'm guessing this move is different from Yahoo global's plans to sell crypto through its app?

But yeah, either way, I don't think it's as big as large conglomerates lining up to support crypto as a means of payment. It's Japan, where crypto regulations are basically as clear-cut as they can be for the first time ever. Companies know that there's a lot of money to be made off this fresh market, so I'd say this is just another money-making business move, not an idealistic one. It's good for crypto regardless.
1004  Economy / Economics / Re: WORLD CRISIS IN 2018 on: September 18, 2018, 03:47:32 AM
There always seem to be someone that says that the economy is crashing every single year, and it really just never happens. Even global recessions have been survivable. I really don't see the death of the global economy in my lifetime.

Either way, gold is very scarce and there's no way hoarding it will be able to save a failing economy. It could help citizens of a failing economy though. It's unlikely that Bitcoin will be affected by any local crisis, but I seriously doubt it would be unaffected by a global one, where everything falls off a cliff.

Everyone has different theories, but ultimately, I hope we never find out.
1005  Bitcoin / Bitcoin Discussion / Re: Too many speculators in the cryptospace? on: September 18, 2018, 02:36:05 AM
What's funny is that most other cryptos and "projects" would be dead in the water without these speculators. There are very few good ideas out there, and everyone is just milking the blockchain train. You could very easily say that there will be very few scam projects without speculators, but they also only ever scam speculators themselves, so it's kind of moot. Great ideas will thrive regardless.

As for Bitcoin itself, speculators do encourage some bad habits, but I feel like it would still be in our best interests to welcome everyone who wants in. You never know how many will stick around for the right reasons. The more people who experience holding and using it, the better for adoption.
1006  Other / Beginners & Help / Re: Mistakenly send BTC to BCD wallet (bitcoin diamond) on: September 18, 2018, 01:29:06 AM
thets news for me to, but its really possible? i can find information on youtube?

Youtube isn't the best resource. A lot of scammers promote phishing sites there. If you need any help about claiming forks (or coins sent to the wrong chain), you may as well try searching here or ask a question yourself.
1007  Economy / Economics / Re: If Facebook promotes cryptocurrency, would it positively promote it? on: September 17, 2018, 01:19:55 PM
I wouldn't be surprised if they did this, considering their interest in e-commerce. They have a marketplace section for Facebook right? This would be right in line with trying to promote that. I don't know if it'd be accurate to say they're launching a cryptocurrency though, because even if they did come out with one, it's going to act more like a token, but probably with its own blockchain.

I don't think this affects Bitcoin or any other crypto in any way, considering how different this will be (centralized, controlled, etc.) if they go through with it.
1008  Bitcoin / Bitcoin Discussion / Re: Russian Lobby Group to Present Alternative Bill on Digital Assets on: September 17, 2018, 09:25:36 AM
You make it sound as if it has already passed, in all honesty what are the odds of this being passed through and becoming legal? That's what I want to know. (Not that it changes much for me since I am American but the more Global Acceptance the better)

Depends on Putin lol. He seems to understand crypto better than most other leaders though, even going on record saying that by definition, no country can have its own cryptocurrency:

https://news.bitcoin.com/putin-cryptocurrency-has-its-place-no-state-can-have-own-crypto/

So he probably has a deeper understanding of how crypto works than even some users lmao. Looking at the link, he seemed rather open to the idea. He might have stronger opinions behind the scenes though, so I guess we'll see how it goes.
1009  Bitcoin / Bitcoin Discussion / Re: The Supreme Court of China issues a ruling acknowledging blockchain records on: September 17, 2018, 03:27:52 AM
That's pretty cool. How significant is this development for the current landscape though? I know that China in general has been very bullish on the development of blockchain applications, but as far as I know, the only application that currently works (which is cryptocurrencies) is essentially banned there. Doesn't that kind of make it useless at the moment?

Is this to prepare for the future, or are they going to use this as a weapon to prosecute certain individuals that are affiliated with cryptocurrencies? Genuinely asking, for those who are more knowledgeable about the situation.
1010  Economy / Economics / Re: Is there any comparison between other markets and the crypto market? on: September 17, 2018, 02:28:35 AM
Some people have observed a correlation:

Not surprisingly, Morgan Stanley’s analysis showed that the correlation between bitcoin price and equity markets during the last 14 months was 0.4. (A correlation of 1 implies synchronicity in price movements). Datatrek’s research also came up with similar conclusions. The firm wrote that the correlation “seems to rise when US stocks falter and disconnects when equities rise”.

One Forbes author suggests the reason behind the correlation is because Bitcoin is now part of the "carry trade", and it seems plenty of people have other theories. It could all be coincidental though, which is where my money is at until we actually get a sustained, long-term trend.
1011  Other / Beginners & Help / Re: Worst thing to be happen after KYC gone to wrong hand.? on: September 17, 2018, 01:46:05 AM
If ICO's chooses a third party to handle all the KYC's there's a chance that your personal data can end up in the wrong hands.

It doesn't even have to be a third party. Failed ICOs could very easily choose to make money off the data they own because they really have nothing else to lose at that point. They're probably even likelier to turn rogue than specialized third parties, because those usually have to employ special protocols.

I'd say there are certain cases where KYC can't be helped, but I'd never comply with in on ICOs.
1012  Economy / Economics / Re: China Can’t Afford a Cashless Society (Perhaps No One Can) on: September 15, 2018, 12:01:18 PM
Yeah, Sweden has also been running into such problems, as stompix mentioned. I don't even think it's the government's fault. I mean, the infrastructure is there, which is why they've been having problems in the first place. It's just that not everyone is ready for it yet.

What's interesting is that Bitcoin is always being touted as a way to increase financial inclusion, when technology itself can mean a higher barrier of entry, as these situations have shown. I do think that's going to change in the near future with people getting more used to technology, but the poor will need to be able to afford these tools themselves all the same. It's going to be interesting watching these cashless societies go, because their situation might mirror Bitcoin's future.
1013  Bitcoin / Bitcoin Discussion / Re: Donald Trump's Gives Gives Hope For ETF Future on: September 15, 2018, 08:36:58 AM
For those who want the SEC news:

Donald Trump’s Latest SEC Pick Gives Hope to Future ETF
Elad Roisman, the newly-appointed pro-crypto member of the Securities and Exchange Commission (SEC) by Donald Trump is already in hot water regarding bitcoin ETF approvals. Roisman becomes the 4th Trump appointee to the SEC, following Michael Piwowar, who stepped down in July. Also in July, Roisman told the Senate Banking Committee that ‘’… the SEC must examine and re-examine its rules, regulations and guidelines to ensure that they are still working as intended to accomplish the SEC’s mission. This is most recently manifested in areas such as data protection and cybersecurity, as well as the emergence of new investments and technologies such as initial coin offerings and blockchain.’’

He went onto say it was “essential the SEC approach these new challenges in a fair and transparent manner, provide clarity and certainty to the markets and investors, and enforce the laws and regulations that hold market participants accountable.”

With Roisman’s confirmation, three out of the five SEC commissioners now have favorable views on cryptocurrencies. However, there’s no timeframe for the approval of any future Bitcoin ETF. Nine proposals from three different issuers were rejected as recently as late August, partly due to fears of market manipulation and the lack of future trading volume.

I'm still not convinced any Bitcoin ETF will be approved anytime soon, but it does look likelier now. For what it's worth, the Winklevoss Twins' ETF was struck down with a 3-1 vote, with one commissioner not voting, but voicing her disapproval of the decision. It could've been 3-2, which is one flipped vote away from passing.

I still don't know where I firmly stand on the issue, but I can understand how those clamoring for a Bitcoin ETF will see this as positive news. If nothing else, having open-minded people in power is better for the community overall.
1014  Bitcoin / Bitcoin Discussion / Re: A Girl Survived with 0.21 Bitcoins for 21 Days, how do you think of it? on: September 15, 2018, 07:42:39 AM
-snip-

It would be very interesting,if somebody tries to live 1 month with 1000 USD worth of gold only.By "gold" I don't mean gold coins,but one big piece of gold.Would it be easier,compared with bitcoin or no? Grin
How to cut one big piece of gold,where to sell it(most of the gold buyers cheat).
That would be a helluva journey.

Lmao she might as well have done that, really. It's essentially going to have the same outcome, except gold is easier to steal especially when you're camping out because hotels don't take gold bars for payments lol.

She's beautiful! A girl from China is doing the right thing! In Japan, there are more shops and hotels that take bitcoin. Perhaps it is more correct to conduct such experiments there.

1000 dollars for 21 days is very much.

Exactly! If this was to show Bitcoin's utility, it should be somewhere it can actually be used as money. All this really showed is that you can't force businesses to accept money they don't recognize. Not even businesses outside the USA will accept US Dollars (which is the world's most dominant reserve currency) for payment, except maybe ones in tourist hotspots.
1015  Other / Beginners & Help / Re: ✅✅Beginner's info about PUMP AND DUMP - How to recognize🔴 on: September 15, 2018, 06:55:02 AM
Good article! All of this could be condensed into "don't trust random people on the internet with your money", but people don't seem to want to follow that rule, so I guess all that can really be done is to help them stay informed.

Your steps to recognize pump and dump groups are on point, but I feel like it should be noted that you shouldn't be following investment advice if you can't analyze the situation yourself. Even the "legit" trading groups could be shilling for some altcoins and you'll never know. McAfee himself has said that there are plenty of them (shills lmao) and he's the only one who came out.
1016  Bitcoin / Bitcoin Discussion / Re: A Girl Survived with 0.21 Bitcoins for 21 Days, how do you think of it? on: September 15, 2018, 05:50:31 AM
I tried to do a little bit of research, so please do correct me if I'm wrong, but isn't the monthly minimum wage in China just above $350 USD? She basically had 4x that amount, with 2/3 the number of days and no family to feed. Why are people thinking she pulled off a miracle here? Lol.

But yeah, if we look at it from a perspective where she tried to use solely Bitcoin on a crypto-hostile country, I guess that would make sense. I don't think there's much of a point though, except for proving how difficult it would be to only use crypto in a country where no one accepts it. I mean, she could've used some obscure country's money and it would be just as difficult and just as pointless. Bitcoin is money -- you should be able to convert it like any other country's.
1017  Other / Beginners & Help / Re: Why bitcoin and ethereum meltdown ? on: September 15, 2018, 03:50:20 AM
First, let me offer some perspective: this time last year, Bitcoin's price was at around ~$4k. We've basically experienced more than a 150% growth in a year, which is incredible by any non-bubble/mania standards.

Crypto growth is stalling, and that may be due to the fact that pretty much everyone has heard of it and that everyone who was interested in "investing" have already done so. That can't be helped, and I don't think manipulation is a huge factor for the current predicament. I don't think there will be explosive growths in the market anymore unless the market is revitalized by some renewed interest (ETF approvals, really good news etc.) or by true utility-based adoption. All-in-all, that means this bear market may last a while. That could also mean that this is the perfect time to buy.

That being said, Bitcoin is doing very well if you consider the overall state of the market where everything else is bleeding.
1018  Other / Beginners & Help / Re: Mistakenly send BTC to BCD wallet (bitcoin diamond) on: September 15, 2018, 02:34:39 AM
I'm pretty sure it's retrievable because OP wouldn't have been able to send Bitcoin to an address the network can't recognize in the first place. Also did a quick check on BCD's blockchain explorer and they do use the same format still.

You only really have to follow DooMAD's instructions, which is basically to claim forked coins in reverse lol. Here are step-by-step instructions, just in case:

  • Retrieve the private key of the Bitcoin Diamond address you sent the coins to
  • Import that private key to any Bitcoin wallet that lets you import private keys (Electrum, etc.)
  • You should be able to take control of a Bitcoin address with the coins you sent by mistake, and you may want to send the funds to a more secure wallet

If you don't have the Bitcoin Diamond private key, you're kinda screwed. You can still contact support of whatever wallet you're using though and wish for the best.
1019  Other / Beginners & Help / Re: Bitcoin Forum,the only effective medium for crypto and ICO Marketing? on: September 15, 2018, 01:57:42 AM
Also, because of so many scams, most of the genuine ICO posting gets deleted in this forum. What do you have to say on that?

Well there's really not much else to say other than it's unfortunate. It's sad if a legitimate project that aims to move the community forward dies because of lack of funding. I still believe the really great, innovative ones will get the support they deserve though -- we just haven't seen it in practice on ICOs because nothing of the sort has ever really existed yet. One example I'd like to point to is Bitcoin, which never really needed initial marketing or funding, just because of how revolutionary it is.

The bigger problem at the moment, in my opinion, is that even legitimate projects only really use the blockchain as a buzzword, and as a result, they release superfluous solutions to non-problems.
1020  Other / Beginners & Help / Re: Bitcoin Forum,the only effective medium for crypto and ICO Marketing? on: September 14, 2018, 11:57:03 AM
Well this is where your target market is, so it makes sense that advertising here is effective.

I'm guessing social media was effective at some point in time too, because they wouldn't have been banned otherwise.

Either way, I don't think this is much of a contributing factor in crypto acceptance. This affects ICOs more than anything, especially because cryptocurrencies don't market themselves anyway.
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