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601  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Gold premined? on: October 28, 2017, 05:31:00 PM
Just read on twitter @bitcoingold an update and it says that bitcoin gold is premined? what does that mean?? good or bad?

https://twitter.com/bitcoingold

Having a premine doesnt always mean good or bad necessarily but that much depends on who is behind it and what the distribution plan is. Seeing how their is literally zero distribution plan and the who is not people who

you can instill trust in it is bad in this spot. I mean look at how bitcoingold started off at and now has been pushed down. This isnt due to new miners or people in the market having a ton...it is directly due from the dumping

of that premine, which is down right gross.

I guess GPU mining is cool, but there are plenty of GPU coins to mine, we didn't really need another one and Including the fact that it will be possible to mine on not very powerful video cards. So it's possible to Mine the Bitcoin Gold But take some time.When the Bitcoin gold is came means,all will get into it.
602  Economy / Economics / Re: Do you use a Bitcoin debit card? on: October 28, 2017, 05:21:37 PM
well if that debit card available here in the philippines well i will buy one to safe my bitcoins, bitcoin is the best bank for me so that i will buy some of that if that is available here, but where would that can withdraw?

Soon that will happen.Like a fiat withdrawal ,bitcoin withdrawal will also happen.For that some things should happen.

1.Bitcoin should replace the entire Currency System.
2.Bitcoin bank should be implemented.
3.Like a FIAT,Bitcoin also should be in paper form to withdrawal.



I see you are quite optimistic. What does “soon” for you mean? If it means at least ten years I might agree with you up to a point.

However, I’m not so sure that bitcoin will replace the entire Currency System, I think it will rather co-exist with it.

Bitcoin bank? Do you mean like traditional ones?

Paper form doesn’t sound so strange to me but overall, those statements seem too heavy for me as to state that they will happen soon.


May be in future when bitcoin will become more popular then we can expect that bitcoin debit card will be available here and The overall fee is more important in comparation with price we pay per plastic card.Like a Fiats DEBIT cards,Bitcoin debit card also will Generated in future.

603  Alternate cryptocurrencies / Altcoin Discussion / Re: best ico coming... on: October 28, 2017, 01:12:11 PM
You have to understand the porpuse of the project by reading and study white paper, but sometimes this way need more time and more difficult to understant it by self. Other way we can looking for other review  from adviser and investor/professional trader like in some youtube channel. There many investor/ professional trader has youtube channel like Suppoman and others. Their review really help new investor in ICO. And for best upcoming ICO take alook  SRG Community, aim of this project is provide royalty program in game industry. Its first kind in online game.


If You are a newbie in this area. You will not heard about New ICO. Start reading this forum, web-sites that related to ICO topic, read articles and reviews. And when you become more confident and thing you can tell us where to fund a good ico, how to recognized scam.Forum is the best place to know about the ICO.
604  Economy / Economics / Re: Bitcoin Gold is Forking Off on: October 28, 2017, 01:10:25 PM

Don't be one of the dummies buying.

That's an advice true for 99% of coins anyway.
Most coins, and especially the ones with ICO or shit like that are just advanced ponzi schemes.
They have nothing new, nothing invented and especially no usage value as NO ONE is using them as a currency. Most coins are used ONLY on trading plateform and that's all. They're exchanged for btc in a desperate attempt to raise the number of btc you're owning.

But nothing is created here and you shouldn't invest without being self aware that it's just a gamble.


Bitcoin gold is going to be more shitty than Bitcoin Cash. In fact, probably more shitty than Doge.These are just some team who wants to scam investors and enrich their pockets when they themselves know the coin was unnecessary with no value in the first place.Many people are waiting for Bitcoin gold to Release and plan to inverse in Bitcoin gold.
605  Bitcoin / Bitcoin Discussion / Re: what is bubble? on: October 28, 2017, 01:05:38 PM
Bubble is a situation when the price of some asset increases than its actual value  due to a sudden increase in its demand.
But Bitcoin is not a bubble. The rise in it's price is real and genuine and if the price is too high then correction is always made to bring it down to a genuine price .So we cant compare it to a bubble .


yes sir i agree with you..
not these days but few years ago so many people says that..
thank you for these details.

Bitcoin is not a bubble and the rise in it's price is real and genuine and if the price is too high then correction is always made to bring it down to a genuine price .So we cant compare it to a bubble so The idea of a crypto "bubble" could be applied.Bitcoin is best compare to any other Crypto Currency.
606  Alternate cryptocurrencies / Altcoin Discussion / Re: Right time to buy altcoin on: October 27, 2017, 05:48:15 PM
the time is now. Everything is pretty much on fire sale right now. but remember to buy the one that you think has a future.

yes, It is a right time to do. Because when the bitcoin was in a peak price, it means that you can choose altcoin .But I don't suggest you to invest in Bicoin now. Some people are always do invest in Bitcoin.If you have low amount of dollar,Just get into Altcoin to get more profit from it after the fork.
607  Economy / Economics / Re: Electronic Money vs. Physical Money on: October 27, 2017, 05:46:20 PM
The comparison of both currency are really have a big difference they are both useful to us, electronic or digital money is the crypto currency money that by using internet connection we access payment transaction through this while physical money or a paper money its a handy money which is we can purchased without internet connection.
This both thing can't compared because they are same currency that we need.

Electonic money (cryptocurrency) and Physical money are totally different so its hard to tell on the other people which is easy to use, mostly for those country that not enough internet connection or didn't know how to use internet to use this electonic money.Where as Physical Currency is used by common People.No need of Internet Connection and all.
608  Bitcoin / Mining support / Re: What is Bitcoin mining? on: October 27, 2017, 05:42:33 PM
Bitcoin mining is somewhat similar to mining gold and just like Gold there is only a limited number of 21 million bitcoins can be mined each time the difficulty of mining increases, for mining bitcoins there is a need of good computers and a special to solve complicated arithmetical  problems using cryptographic hash functions, the problem can be solved with high powered computers. As the value of bitcoin rises the number of people entering into the bitcoin mining is also increasing.Now a days many people are found investing on bitcoin mining rigs and farms like in China, America and so on for mining bitcoins as much as possible, and bitcoin mining warehouse are built in places where the electricity prices are too low, others also find alternative sources like installing solar panels, thermal energy and other sources to produce electricity where the countries electricity rates are unaffordable for mining.


Bitcoin mining is a thing by which the transcation of Bitcoin will happen.This  transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions of Bitcoin .
609  Economy / Economics / Re: CHINA ban Rise and Down on: October 22, 2017, 01:16:11 PM
probably it’s obvious for everyone who has seen the proof that bitcoin has recovered or rise since the ICO’s closing in China. and there are many people who become optimistic about bitcoin’s growth after the fork’s announcement that will be held in this month
Actually bitcoin have given us a hope and surety from its last performance that it doesn’t matter how hard the fork is, prices will shoot up soon after the ending of that spike. There is nothing to be doubted on the development of bitcoin’s price that it will not be stopping at any moment. Like you said, banning ICOs and exchanges will not be of any use until people love bitcoins.


It is very common to see bitcoin that the price is going down because of the news that is 100% negative to bitcoin and because of that dumps, there is an event that occurs called panic selling and because of that panic selling the whales are taking advantage of that and they are buying bitcoins.
610  Alternate cryptocurrencies / Altcoin Discussion / Re: Best altcoin for reserve/hold on: October 22, 2017, 01:08:38 PM
I feel like recommendation across all board for OmiseGO, Monero and NEO is still very strong. Personally for me would be ETH . There's a lot of other variations to consider too, eg; the duration to HODL (5 and 10 years are quite the difference).


The current time is bitcoin only because its value is going increasing step by step and we can also understand well that we have chance to make much money with the free amount of bitcoin gold ( BTG ) in front of same amount of bitcoin that we will have will get And Blockchain and Platform Ethereum used by many project that cause the demand continue increasing .
611  Economy / Economics / Re: What would benefit bitcoin more? on: October 22, 2017, 01:00:42 PM
What do you think will benefit it?
I think more acceptance,  and more investment help bitcoin.  Bitcoins is already with so many uses and advantages.  Bitcoin offers a number of benefits.  Like easy transaction and easy transfer from one to another person. Bitcoin is globally accepted currency,  and more investors are taking interest in bitcoin and needs more acceptance a.  There are many companies coming forward for accepting bitcoins in exchange of their goods and services.  And big companies like Apple, Google, Facebook are taking interestes in it.  Even bilgatessays in his interview that he sees very potential in bitcoin in future.

Benefit of bitcoin are Advertising and other industries will also benefit with it when they started to adopt and accept bitcoin for their transactions. The thing is that you have to make sure on what you are entering, when you started to earn bitcoin don't be upset with the down trends and this are the benefits of bitcoin.
612  Economy / Economics / Re: Bitcoin is an asset or currency. on: October 22, 2017, 09:40:36 AM
Bitcoin is a currency not an asset.For example gold is an asset. An asset cannot be traded with other assets.But currency can.
Well in my opinion it’s both you can use it as a asset and as well as you can use it as currency because if you want to invest in bitcoin so it can give you a very good profit because this invest is an asset for someone and when you want to do daily trade you can also get a profit and as well as bitcoin can be used for daily expanse in your daily life.



A man who has even a single Bitcoin I think he has a good asset for him. As the value of Bitcoin increasing it is better than gold or any other currency. At the same time it like currency you have. You can pay bills and purchase things by using bitcoin. In short bitcoin is most profitable and beneficial asset to a person.
613  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the best coin? on: October 21, 2017, 05:03:51 PM
What do you think best coin is
menurut pendapat saya
 kick coin, waves, mgo, mco, ctr dct etc are the best for long time holding
I think all coins are best. Because all coins has helped so many people. With coins people are able to make money and earn so much money. With coins people are able to provide their financial needs that is why bitcoin is the best of all. With bitcoin my time and effort are productive, so very  productive,


Here another thing that should be the honest communication of coin's team with the users Because here I found that many coins are in the market but Thier owners/tram are not replying us for those coins regarding questions .And also it should be a mendatory thing that the team of the coin should do new new projects with the coins like to start accept at any site , shopping site , better investment program also etc are the best coin.
614  Economy / Economics / Re: what will happen to banks? on: October 21, 2017, 05:01:12 PM
I do not think there will be any disadvantage from it all, the bank will only update and evolve according to the changing times, and bitcoin runs as usual, but in my opinion not everyone uses bitcoin for a small transaction, and they use it more as a place to invest or trade, and I think the bank is quickly adjusting itself to modern times by adopting blockchain technology, so as not to lag behind the latest developments and seek some information to make use of it


I think it will bring some new innovation for the banks itself. and who knows, by doing this, the banks can reach more people without having any border between the country. but it is need time for the banks to realize that crypto currency can brought new changes to them and they need to learn more about bitcoin.
615  Bitcoin / Bitcoin Discussion / Re: What will happen to BTC after hardfork? on: October 21, 2017, 04:56:41 PM
No doubt It is reaming as a higher price in the market. Not any effect from  hard fork , Pretty sure BTC will pass 10,000 usd  within short period


After that, the coins would be pumped artificially, get sold for profit, profit goes to the main coin, the fork dies, repeat. Similar to what happened to BCH, but this time there would be two forks in a span of less than a month So You will be able to send tokens at the main chain, and at the forked chain just as you did before with bitcoin.
616  Alternate cryptocurrencies / Altcoin Discussion / Re: Survey! Investing in ICO on: October 21, 2017, 04:54:15 PM
Only when its very promising project.
you can see many project after the ICO ended coin's price dropped.

Yes its true that investing in ICOs need to a lot to look too, not only because it has promising platform, nor has high potential, but the question is how long can it keep up in the market? Some investors prefer to hold for long term because its too way risky and hassle today trade are investing in ICO coins.
617  Economy / Economics / Re: Generating Passive Income on: October 21, 2017, 04:35:29 PM
Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,
Yes there are some pos coin that will give you passive income from staking rewards. All you have to do is to open your wallet and let it stake, the other passive income is from masternode. You buy certain amount of coins, make a masternode and let it generate passive income. There are websites where you can see masternodes price and roi.


You have to work for your profit. If that is what you are looking for is to generate a passive income daily, get a decent job and work well for it, thats the thing you have the passive profit daily, or have a small bussiness by your own And it takes money to make money people, and small money doesnt have the chops to attract bigger money to it.
618  Other / Beginners & Help / Re: How to MIne Bitcoin? on: October 21, 2017, 04:20:25 PM
Bitcoin was possible to mine using only your desktop's CPU and GPU. While this is still possible, the returns make running this method impractical. You will be spending far more on electricity than you will earn mining coins. Instead, custom hardware allows for much better processing for about the same power draw.
Custom hardware comes in the form of cards that are inserted into the computer much the same way that a graphics card would be.
Popular Bitcoin-mining hardware brands include Butterfly Labs, Bitcoin Ultra, CoinTerra, and more.
A dedicated Bitcoin mining machine can cost anywhere from a few hundred dollars to tens of thousands depending on the number of operations it can complete per second.


The first step we need to do is to take a part in hardware pr create your own hardware like antminer s9 and antminer s7 etc and then we should need to make a program to mine bitcoin and after that when bitcoin mined then the user will need to take part in a group where a lot of people will doing work together and then the reward will be given to that group and that reward will then divide in groups member.
619  Alternate cryptocurrencies / Altcoin Discussion / Re: Top 3 cryptocurrencies on: October 21, 2017, 04:17:42 PM
Hi, I got 100 bitcoins to invest in top 3 cryptocurrencies. Please help me out here to make a decision that what should I invest in and WHY?

Thanks
If you want to earn good in long term invest in ETH. Then go for Monero its going to surpass every other currency in market cap soon. Then I would suggest you to go for Eidoo or social. Both of them have just completed with their ICO and have some good future prospects.


If I had that much Bitcoin I would diversify more than that. I would keep maybe 25 to 50 percent in Bitcoins and then build a portfolio of 10 to 15 altcoins that have either a high market cap or high trade volume and have good development teams. I also would look at new coins that have a lot of potential but are very inexpensive .
620  Economy / Economics / Re: Bitcoin has Arrived in Thailand..... on: October 20, 2017, 05:52:54 PM
Good news for bitcoin users! Since Thailand has a lot of tourist destinations, transactions can now be easier using bitcoin! No more worrying whether they will convert or if they have converted enough cash. And if it is true that signage saying "We accept bitcoin" is around the stores, this would increase people's awareness with regards to bitcoin and other cryptocurrencies.

Speaking of tourist, one thing they need is to have a WiFi device to carry around the place. Or if they could connect to the store's WiFi for transaction. They just need to watch out for the bitcoin price and the transaction fee when paying.


I think they had already seen what will happen if they incorporate bitcoin as well in their system, since bitcoin is digital currency, there will be a lot of opportunities on how they can use bitcoin, also bitcoin's value is increasing from time to time, they can even gain more profits.
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