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1061  Economy / Speculation / Re: Bitcoin Bull Run Over? Mati Greenspan Reveals a Shocking Analysis on: July 29, 2018, 01:57:25 AM
Wait what? The article didn't mention any reasons why the theoretical bull run may be over. This is literally the only instance where they talked about the bull run being over:

Quote
So, the question that rears its ugly head is, Does it mean the bulls step back or keep on charging? For now, Bitcoin is in the green and maintaining its above $8k stance while the crypto market is somewhat in the mix.

It's an informative article offering a very plausible reason for the bull run, but the title is overly sensational. I thought for sure it would have something to do with the SEC shooting down the recent ETF proposal, but it wasn't mentioned at all.
1062  Bitcoin / Bitcoin Discussion / Re: Blockchain Television Coming to Fox Business Network on: July 28, 2018, 04:03:17 PM
I recommend that you research before posting any news. I am not saying that this news is not real, but I did a quick search and did not find an authoritative source to issue this news.
No TV channel posts any news before making sure that this is a legal announcement, so I do not expect to post for cryptos before checking the legal status of Bitcoin/altcoins.
Also, I expect the big whales to create advertisements for their coins/ICOs and promote it on those television channels. "I do not expect to see a service announcement accepting Bitcoin on that channels."


I found one more site saying the same thing, but it's not exactly reputable:

https://cryptodisrupt.com/fox-business-network-will-air-exploring-the-block/?cn-reloaded=1

Either way, parts of it seem real. Google seems to return a lot of results for this particular tidbit:

In May, YouTuber “Crypto Crow,” otherwise known as Jason Appleton, announced a partnership with CBS, Roku, and the CW.

So there really might be crypto shows headed to television. This is all well and good for as long as they don't spend all their time shilling altcoins. This should be about education and awareness IMO. Anything less and it may be counterproductive as far as adoption goes.
1063  Bitcoin / Bitcoin Discussion / Re: Bitcoin Still The Favorite Of The Crime on: July 28, 2018, 03:51:00 PM
The rising popularity of Bitcoin and accompanied by the circulation of more than 1,500 other digital currencies triggered the high crime in the sector that has not yet had the regulation.

So not necessarily Bitcoin specifically, but rather cryptocurrencies as a whole? Bitcoin is the most popular so it wouldn't surprise me if it was targeted more often, but I imagine cyber criminals don't have much of a preference when it comes to stealing stuff. Bitcoins are just more widely available and is an actual household name so there are more opportunities in it for them.

But yeah, I'd even go a step further to say they don't have much of a preference at all for what they steal, it just so happens that there are a lot of opportunities for them within the crypto space at the moment.
1064  Other / Beginners & Help / Re: Bitcoin inflation on: July 28, 2018, 08:39:41 AM
It like impossible for bitcoin to inflate because of the blockchain technology behind it and the fact that it can not be falsified. In many aspects it's more valuable than gold and that says something. Bitcoin is stable and it's here to stay, i think forever.

As a general rule, inflation happens when new money is released. New Bitcoin is released everytime a block is mined, so Bitcoin absolutely suffers from inflation, as others have said. USD's 2017 inflation stands at around 2.1%, while Bitcoin's is at 3.9%, but Bitcoin's will be increasingly lowered every halving, and will eventually flip to deflation once all coins have been mined.

Either way, it's not much of a problem. People seem to be much more worried about the eventual deflation, which carries concerns towards its utility as a currency.
1065  Economy / Economics / Re: Are we really heading towards another financial crisis? on: July 28, 2018, 08:25:52 AM
The only thing I recommend people is to hedge the legacy economy as soon as possible to secure a great part of your wealth. Better safe than sorry.

This. If all this financial crisis talk baffles you but you're scared anyway, you may as well start diversifying. All things considered, Bitcoin has a very positive outlook, so you're giving yourself insurance and at the same time positioning yourself for huge profits in the future.

I already do this anyway, but I personally don't think a financial crisis is going to befall us soon. They've been ringing these bells for years, just like Bitcoin FUDers on Bitcoin. I could easily be wrong, of course, but at least I'm protected to some degree.
1066  Bitcoin / Bitcoin Discussion / Re: Samsung: Smartphones are the Most Secure Device When Using Cryptocurrency on: July 27, 2018, 02:44:40 PM
So how does samsung have the advantage, the right wallet can be installed on any smartphone?  Roll Eyes

To be completely fair, it didn't seem like he singled out Samsung lol. It just so happens that the writer of the piece was a Samsung contributor.

And I don't know about this. I feel like a proper PC set up would be safer just because it's more unlikely to get lost or stolen. They can be just as hard to break into with proper precautions.

But yeah, if we're talking about the most secure device for crypto, it has to be hardware wallets and air-gapped wallets. It has to be noted that you can easily set up an air-gapped wallet with a smartphone too lol.
1067  Economy / Economics / Re: U.S. Senate quietly votes to cut tariffs on hundreds of Chinese goods on: July 27, 2018, 02:29:47 PM
Well it looks like it's mostly good? I mean, there are apparently 1660 items on the list, and only 145 of those are actually being made in the US. We can't just say those 145 items should just be removed either, because we don't know how much of them are actually being made domestically vs. how much is being imported.

Either way, it seems like a net positive for consumers (and maybe businesses which could resale cheaper?) which may explain the unanimous votes, but I guess we won't really know until we see actual figures.
1068  Economy / Economics / Re: Silver is loosing ground due to rise of cryptocurrencies on: July 27, 2018, 02:16:28 PM
Here's an article on the subject that I've found. It may even be OP's reference:

https://www.moneycontrol.com/news/business/markets/silver-losing-ground-due-to-weak-currency-rise-in-crypto-currencies-mania-2745521.html

It seemed like the article only mentioned cryptocurrencies because it's a hot topic. It was only mentioned once in the article:

Quote
A strong global equity market and new investment elements such as cryptocurrencies have curbed the demand for metals like silver.

...so basically, it's competing with new investment elements such as, but not necessarily cryptocurrencies. I personally don't believe there's a very strong correlation between the two. It sounds like a knee-jerk reaction over very recent trends to me.
1069  Bitcoin / Legal / Re: Costa Rican Workers Can Be Legally Paid in Cryptocurrency on: July 25, 2018, 04:30:21 PM
Not bad for Costa Rica.  They can get bitcoin and not sell it, and after a few years they will sell at a more expensive cost.

That depends entirely on the worker though. Some people live paycheck to paycheck, and it would make little sense for those people to ask for their wages in crypto. They might as well receive fiat and buy crypto with any leftover money they may have. Still, this is cool. Having more options is usually better than less.

Personally I would rather not receive my wages in crypto simply because it's not as easy to spend yet. I would rather put my savings in crypto rather than a bank though.
1070  Other / Beginners & Help / Re: What is Exchange Traded Fund (ETF)? How will benefits crypto users ? on: July 25, 2018, 04:15:01 PM
Positive news. The cryptocurrency market needs new investments now. Do you think there are any negative sides in this process?

Only that they won't be trading actual Bitcoins, so it doesn't really affect Bitcoin adoption directly. Still, it's good for publicity and it's likely really good for prices.

Oh, there's also the possibility that Bitcoin's reputation as an investment would further eclipse its utility, but its utility isn't ready for the mainstream yet anyway, so meh.
1071  Other / Beginners & Help / Re: Newbies wearing signature; is it good or bad? on: July 25, 2018, 03:58:38 PM
There's really nothing inherently bad about it. Everyone was a newbie at some point. If we discriminate against newbies, we might be turning away potentially good members. This is one of theymos' primary considerations regarding his stance against newbie jail.

Anyway, reducing spam this way falls on the shoulders of bounty managers. If no one is paying shitposters to shitpost, they won't have any incentive to continue shitposting. It's really hard to find a solution for this problem without moderating bounties themselves though, which likely won't happen.
1072  Bitcoin / Bitcoin Discussion / Re: Fork Bitcoin with a new Core that has no miner's fees. on: July 24, 2018, 02:03:16 PM
People have already said that it's impossible for the most part, but even if we assume that it is, I don't think it will be very attractive. Plenty of coins that can do essentially the same things as Bitcoin but with lower fees have been in the market for a while now, but that obviously isn't enough to get them to switch. Fees are also dirt cheap under normal conditions (which improvements are trying to maintain indefinitely) that paying them is essentially negligible, and that you may as well have a way to help your transactions confirm faster.

Bottom line is that Bitcoin is popular for the sum of its parts, not just individual parts.
1073  Bitcoin / Bitcoin Discussion / Re: Future of crypto currency will be bright in India on: July 24, 2018, 01:37:24 PM

the problem with such claim is that there is no exact date when its going to be good for someone to buy cryptocurrency?

lucky for those who had already done before they've bann it because those guys had already entered the market before it will blow up. if they can allow now for users to buy thru fiat these days then we can see new holders already and price would have gone up.

Well you could still buy peer-to-peer with no repercussions, so it's not like the market is closed off. If a person's intention is to HODL as soon as possible, they can still go that route.

That being said, until there are definite plans in place, it's probably not a good time to buy if you're in India. This is positive news though, and it certainly looks like there will be light at the end of the tunnel. I mean, it's not visible yet but it's probably there and coming up soon lmao.
1074  Bitcoin / Bitcoin Discussion / Re: Elon Musk accept BTC for Tesla! 🔥 on: July 24, 2018, 01:13:05 PM
Lmao I know this is good for publicity and adoption and everything, but it makes me wonder how many people pushing for this could actually afford a Tesla with their holdings. I'm not just being snarky, I genuinely think this will be a consideration for Elon Musk.

Either way, this is good publicity for both Bitcoin and Tesla. Out with Lambos, in with Teslas. It's free publicity for everyone! And Bitcoin millionaires will then be able to buy Teslas with less hassle, of course.
1075  Bitcoin / Bitcoin Discussion / Re: MAJOR BITCOIN TRADERS JOIN FORCES TO LURE BIG INSTITUTIONAL INVESTORS on: July 24, 2018, 12:59:56 PM
I do think indices with anti-manipulation safeguards would help attract institutional investors, but I'm pretty sure the lack thereof wouldn't stop them if they wanted to invest anyway. I don't think this will have any immediate significant impact, but it should really help the market.

-snip-

I agree for the most part, but Bitcoin performing well could easily well attract more new users, a percentage of which could stick around for actual utility.
1076  Bitcoin / Bitcoin Discussion / Re: Google already tells you the value of Bitcoin without leaving the search engine on: July 24, 2018, 12:50:46 PM
This isn't new though. It has been this way for at least a year. Searching BTC to USD will give you the current rate, though I have no idea where Google gets its data from.

You're probably confusing it with Bitcoin Cash, which I've heard Google supported in this way recently. I don't know which cryptos Google lists, but LTC is also listed and ETH isn't.
1077  Bitcoin / Legal / Re: EU 4th AML directive to cut down crimes related to Cryptocurrency on: July 20, 2018, 02:54:27 AM
Isn't it this, in a nutshell?

An alert and active checking on cash transactions amounting to ten thousand euros has been implemented. This limit has been brought down from fifteen thousand euros. Any transactions exceeding the aforementioned threshold will be considered as ‘obliged entities’. This comes under the extended AML regulations that now place wider range of restrictions on monetary exchanges that are over a particular amount.

If so, then they basically only lowered the threshold for monitoring. This should only affect a small subset of the community, and even then, it's likely they've already been complying because of the old limit in place. I don't see this directive having much effect to the crypto community, much less reaping benefits for it.
1078  Other / Beginners & Help / Re: Parsing unix timestamp from CLI response with jq on: July 20, 2018, 02:34:31 AM
i think you have to multiply the Unix time by 1000 because Unix time is in Seconds but the "date" takes milliseconds.
also the output should also contain time 08/26/2015 @ 3:59pm

The CLI output he quoted must be in milliseconds then, because I only took the blockTime variable, plugged it into the command, and formatted it the way he wanted. It looks like he only wanted the date so I cut out the time.
1079  Other / Beginners & Help / Re: Really possible to send money anonymously through Bitcoin? on: July 18, 2018, 02:50:24 PM
I don't believe they can trace you like that.  They can trace your transaction but not who is making them.  Unless of course you throw away your privacy and fill out a KYC.  If you never handed over your papers then how would they know.

Well if you sent fiat to a bank account or something similar from the exchange, that would be a good starting point. It could be argued, of course, that you sent fiat to someone else, but still.

If something like this is of huge concern, the person involved should look into decentralized exchanges or peer-to-peer trading. I'd like to point out that peer-to-peer has always been the intended medium for Bitcoin transactions.
1080  Other / Beginners & Help / Re: Parsing unix timestamp from CLI response with jq on: July 18, 2018, 02:38:21 PM
Not sure if you can use this but if you simply want to convert that to a readable date, you can use:

Code:
date -d @1440604784 +'%d.%m.%Y'

The output would be:

26.08.2015
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