Im with them with their research as they are all right about making Cryptocurrency as a medium of exchange. Also South Korea is mostly a credit card dominant country nobody really needs to convert their money to Korean Won as almost always they accept Credit Card payments even the little shops. Adding Bitcoin into the scene might add another option for us tourist when going there, also it may actually boost the tourism itself. Koreans are actually thinking ahead aside from thinking the negatives of decentralized currency.
Not only you and your country, I am also with them as they try to make crypto currencies as they medium of exchange! Fiat currencies are too expensive, risky and venerable for looters. If any country can adopt crypto currencies as a medium of exchange then the sky will be they limit. However majority of the third world countries will benefit from bitcoin as dollars exchange is want keep them poor. When you declare anything as a medium of exchange it means that you are making it money and money can be stored for the value that it has. It may take the governments for the acceptance of the crypto to deal in instead of the Dollar, but it will take decades for it and I am sure the bitcoin prices will be touching the sky at that time.
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Hey guys,
I just want to share my story, because I feel like only people in this community can get that,
We all know the pizza story, the "young swede than became a millionaire in 2013" story, the lost hard drive story and this one that can happen to anyone:
======>I lost my passphrase. 6months ago, tried everything, even hired "bitcoin dave", nope, nothing, no password no bitcoin.
I was too scared to get hacked somehow or to let a piece of paper with indications about it... Now I'm screwed, I can't find it, no matter what I try my Bitcoins are lost forever. I always kept them, spent .10 of them once and that's it. All of my fortune behind this password was made through mining dogecoin on day one and other altcoins. And guess what, I lost the passphrase to the dogecoins too (1million Doge, could be worse)... 6 months ago I had a little financial down moment, decided to see if I could sell one, and discovered that I forgot the password.
Now, it would be the thing to save my ass (3,5 BTC is a good chunk of change for me) and be able to get back on my feet, and I feel so stupid.
Just wanted to share my experience, kinda looking for mental support here!
Take care (and remind yourself your passphrase everyday, you don't want this feeling I swear).
That's so sad man. 3,5 BTC is not small at all. I have mine written on a note. I have not checked it for long, but I'll go do that as soon as possible. sorry to hear about your loss. Yes, this is a huge amount of BTC, as it not that simple to purchase or earn it. I am also worried about mine ones. The better option is to make a diary for it and check your wallet randomly. I will advise all the members to use most protected systems for your BTC. It is very panic to face such a situation.
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the given applying method is a bit difficult for crypto users here. specially that video part. do you want the person to show his face and describe the things? most users here prefer to be anonymous that's why they are here.
Good point .. I am trying to test english speaking skills here. I will change it to audio from video. But I think not most of the people. I do see lot of linkedin profiles with photograph and some people are releasing videos on interview and interactions, when you check with altcoin community you can come across these. That video part is still good and if it is not mandatory, you may not lose competitive candidatures.
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What is the rank for youtube videos ? Do you mean rank in google search results ? Why OP is not having any rates, you are in plan for customized prices for everyone here ? Still some general rates will be good to have some idea on your services.
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There are lawyers and legal experts here who can check any country's legal status for any kind of business so if your question is not private, you may open up here. That will lead to possibility of finding your solution quickly instead of looking for your local legal expert here.
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In a positive environment like there will be no regulations from government and bitcoin gets power to scale and etf gets approval (for example) then obviously we can expect increased demands to have exponential growth.
Fundamentally every halving will trigger exponential growth as supply rapidly decreasing regardless of whatever will be happening around bitcoin ecosystem.
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I like to suggest you to open up your questionnaires here itself, so that forum members will be easily check and answer them. For security purposes, people never prefer clicking links posted here.
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Guys, does anybody know where could you export past prices for the biggest exchanges (and maybe not only for BTC)? I would need it for a research on arbitrage and self learning algos.
I doubt about the availability of such historic data but you can find one particular day's high and low information from charts. For example bitstamp is having chart and and you may manually extract prices for any days.
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The active development from the entire team. Perfect way of spreading. Mainly a good number of coin generation than much bigger number which is not that easy to distribute. Very important one is the listing on the popular trading websites which is a must to the successful functioning of the coin with growth.
And a good idea behind the coin. Some time ago I saw a coin named concoin which had a terribly idea of giving the coins to the prisoners, I mean in what world you would think the prisoners are allowed to use crypto and coins ? Seriously insane ! So, along with team and the work there is another important aspect, the basic idea.
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I have never been part of a casino this early on when they start, I have always been too late to the party, this is the first time I am an early bird yeeeaayy. I will be playing here until it gets bigger and huge and when everyone says it is amazing I will say I was here first
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I am honestly thinking of owning a new innovative cryptocurency exchange. I am thinking about a platform which will be dealing with off-chain transactions so that users will get rid of delay occurs due to confirmation. I am just giving overview as I am concerned about my unique feature.
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Definitely tourneys where the entry fee is either low or free and the winner doesn’t need to get any money in return, it can be win a chance at the seat of a bigger tourney. That way the website can still promote and don’t have to pay up a single cent. Win-Win for both the player and the site.
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Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?
The demand, and with more adoption of bitcoin with the limit supply of bitcoin. that's making the bitcoin is rarely to find and the price of bitcoin will increase. and i think the general key to make the price of bitcoin is the demand for the bitcoin to use the bitcoin. the more users, the more people who want to earn bitcoin. by the number of bitcoin that always stays this course will make bitcoin prices continue to rise. which makes the price is certainly demand it That's right, The bitcoin is having a limited supply. So, there is no more bitcoin in the future. With some bitcoin already lose caused by those are forgetting the wallet password and the supply of bitcoin will be less in the future. in will never touch 21 million. It less than 21 million right now. If I agree to your point, that there will be now more bitcoin in the future to distribute. I am afraid then people may lose interest on bitcoins. The bitcoin may lose its popularity among the people. Or maybe people find a much better alternate than the BTC. There is a possibility of the economics law works more better there where people find more interesting things than that.
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That is great news ! I want it to not be recognised as money, because we will have to pay taxes for it, but as a commodity, just as the judge told it ! There will be a lesser hype, but who cares, if it permits us to do not give a penny out of our sales !
Yes, really good news. I don’t care of what if someone is recognizing it as money or not. In fact the person is actually helping you to get rid of the additional taxes that you will have to pay. I am okay with it if someone doesn’t call it or recognize it as a currency. I need it to be useful and it is for now. There were innocent people who got punished just for running exchanges for the reason of helping money laundry. This is judgement was made late till good one.
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My spouse doesn't understand anything to the technical aspect of btc. But she know it exists. And she has access to my electrum wallet.
So if I was to die the coins wouldn't be lost even if I bet she would have to ask around to know how to use them ^^
Wow this is cool. I guess everyone should let it know to the spouse or a family member who understands to how to use the electronic technology. As we all often talk about the risk but we neglect one of the most risky element and that is the death or any other uncertain situation to the individual himself. The most risky thing we have is our life as any manufacturing company will give you the guaranty of the product but no one guarantees life…
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I think the best one so far would be safedice, it was studied over the course of 8 months on gamblingreview website and it has proven to be great over and over again and never disappointed. I would definitely suggest it.
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That's a good news for the future of the coin. Even though there is a very less chance that Switzerland is going to adopt it but in terms of popularity we can get more investors. Amd eventually we can accept a pretty good increase in it price soon.
The most important thing when it comes to developing a product is the people because developers want have a reason to develop their product if there are no people to use it, and that applies exactly to bitcoin, if bitcoin has people using it and believe in in it and wanting to use it, than investors and developers will have a reason to work and make things that people will use their coins on.
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Who wouldn't love a bonus ? I guess that is pretty idiotic if someone does not like the bonuses. But the problem is that these bonus often have big wagering attached to them and hence is the reason why people don't claim such bonuses. You might claim bonus and then regret since you will not be able to even unlock your original deposit amount.
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Hello Frens I am looking to sell bitcoin . I am based in qatar . Can you suggest best place where i can sell it at good rates and get money in my bank account or via western union.
Local bitcoin is the solution for you ,i normally use coinsecure which is really fast and responsive and they used to deposit the money within a few hours ,since i am basically from India and find out your local reputed exchange,if you could tell me which place you are from i could try to get a list of sites which can be attained . Yeah, I too have experienced that the best place to exchange bitcoin is definitely on local bitcoin since there are a lot of options for payments like PayPal and Western Union, and you even can find a buyer that is near you and you can sell it hand to hand, and I found out that is method you don’t have to pay any fees for exchange, the best thing about local bitcoin is that has an escrow so there are no chances for scam.
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Bitcoin will never have a stable price, because bitcoin is not regulated, and you need regulation to keep a stable price, this is basic to understand
Could you explain how regulation will make Bitcoin more stable? After all, price is still determined by the balance of supply against demand, and as I suspect, Bitcoin is no exception to this rule. So if you basically claim that Bitcoin regulation will somehow make Bitcoin prices more stable, that necessarily means that regulation should affect supply and demand. To make prices stable both sides of this balance should increase multifold, and how exactly Bitcoin regulation is going to do that? Indeed, a collectible can never be stable value money. So "regulated" probably means that one can change the emission scheme (the 21 million coins) by a centralized "miner" authority, and that one can also destroy coins. But this could also be established in another way, if a central authority lay its hands on, say 99.999% of the bitcoin supply, and only issued very very small quantities of it, it could still, with a given, fixed supply, regulate emission and hence offer, so that it meets demand at a given price totally pointless But what's the purpose of that? Apart from that, I don't think that it is technically possible, you could control 99% of all coins issued but would you be able to control the price? Obviously, you won't be the only one selling as well as buying, so your efforts would be mostly in vain (even if there were some purpose in that). I guess it would be like dancing on the tip of a needle. You would have to not only control most coins but also places where coins can be traded as well as those who can buy and sell. In other words, that would be an exercise in futility totally pointless Of course you can control the price if you have most of the coins, if you want the price to go up you have to hold, if you want it to go down you just have to sell, I mean that is basically what is happening, every time big whales sell the price goes down, and that is why all people are racing to get as much as they can so that one day they can control its price.
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