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1  Economy / Speculation / Re: Santa Green in BER months (October to December) on: October 10, 2018, 10:17:51 PM
The bitcoin dominant and price haven't or have not yet as bullish as last year and soon it might be the case.

I'm positive and an optimistic human being who intentionally thinking about a small increase as a sign.

Don't look at me as your typical investor who only believes in bitcoin in its time when having a good performance, I do trust it the whole year round.

So buckle up guys and deeply breath, Santa bitcoiners is coming to town.
LMAO.

People sell all their trades or whatever at the end of year for 2 reasons usually:

1) To celebrate Christmas.
2) To close the books of the current accounting year.

So santa bitcoiners ain't gonna save nobody's ass, and FYI, being a optimist doesn't make you Santa(bitcoiners)'s bitch, unless you're a hooker.
2  Bitcoin / Bitcoin Discussion / Re: China: Man Sentenced to Prison for Stealing Railway Electricity to Mine Bitcoin on: October 10, 2018, 09:38:14 PM
Quote
Although the Chinese regulatory bodies have maintained their distance from cryptocurrencies, it has not deterred the people in the country from partaking in the promising crypto mining industry as a Chinese man was recently sentenced to 3.5 years in prison for stealing power from a train station to mine Bitcoin (BTC). The incident was reported by the local media outlet The Paper, on October 8, 2018.

https://btcmanager.com/chinese-man-prison-for-stealing-electricity-mine-bitcoin/

Oh well, he took the risk and now he is in jail.  I wonder how much he earn mining bitcoin  Grin because it means that he knows what his doing is wrong but I guess he see the $$$ that's why its worth a try. hehehe.
Its not funny but at the same time its not a clever thing to do either. While there were so many ways to get electricity to mine bitcoin or any crypto, he chose to use Railway Electricity? Are you kidding me?

Stop trying to spread false news firstly, the man got arrested for stealing electricity and not for mining bitcoin, although I can definitely imagine China doing that, but that's not the case right now.

Plus, what was he thinking? He stole electricity and mined bitcoin? Out of all the efficient cryptos, he chose bitcoin, wow. Bitcoin mining is useless unless you have a big mining farm.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Do we really need a lot of Cryptocurrencies? on: October 10, 2018, 08:40:15 PM
Blockchain will disrupt these industries Banking and Payments, Insurance, Voting, Forecasting, Government, Crowdfunding, Retail, and Real Estate. Yes, we knew this that blockchain will play a big role in the future of those industries and it's a revolutionary.

But, do we need lots of cryptocurrencies?

More and more companies or startup companies were developing their own cryptocurrencies and a lot more in the future but what's the point of creating or developing it? Maybe we only need 1 for every industry but why does almost everyone develop their own cryptocurrency?
Realistically no, we don't. But if you think about it, those cryptos most likely end up being a scam or a fail,so those don't affect many things. The idea of using crypto to raise funds wasn't a bad idea until 2017 happened. People initially came up wonderful ideas, it just lacked proper implementation or some other key factor, and before you knew it: ICO industry became a joke. That's the take of most bitcoin enthusiasts.
4  Bitcoin / Bitcoin Discussion / Re: Will South Korea become the World Bitcoin Special Zone? on: October 10, 2018, 04:14:38 PM
I will sincerely exclude China from the list you have mentioned. Any crypto enthusiasts know that China is not at all open to embrace cryptocurrencies within their economy. China is the first country to ban ICO (even though I support that), but later they kept on cracking the crypto market within their country. They imposed tariffs on the electricity for crypto mining firms. They are not at all crypto friendly.

However, I will agree with the other two as Japan is the first country in the world to legalize crypto currency and distributed licenses to open crypto exchanges on their soil. Now South Korea is following the footsteps of Japan.
China is dying(not really but still). I don't know what South Korea is trying to prove,like another user said, they were involved in FUD and bullshit, and now spending a 100 million $ on blockchain development is shady at the very least.

South Korea definitely won't become the World Bitcoin Special Zone, Japan has more chances for it, if the World Bitcoin Special Zone is even a thing. Honestly this doesn't even matter,right now.
5  Economy / Economics / Re: Is the US stock market going to falling into a correction? on: October 09, 2018, 09:56:20 PM
As we know the stock market is pretty overbought especially such the giants like Amazon, Facebook and so on.
Ugh...I wouldn't touch either one of those stocks.  None of the other tech and social media stocks, either, like Twitter and so on.  That stuff smells too much like 1999 to me, even though some of them are actually making money (like FB).

History would tell us that the stock market is due for a correction, and even though I tend not to look at history in order to predict the future I'd tend to agree with that.  Eventually investors either get scared or start taking their profits out of the market, and I'd agree that right now the stock market is certainly inflated to the point where stocks are on average very expensive. 

I doubt Warren Buffett is buying many stocks in this market.  You would have made an absolute killing had you bought in in 2009-2012, but right now you might be buying at the top, just like bitcoin at $20,000.  But we'll see.  I haven't heard any really bad news that would suggest that the stock market might be in for a crash instead of a correction, but you never know.
Stocks are in a bad place, so I have been told. People are really trying to weasel out of it, and not make a big loss. FB is no longer making as much money as you may think it does. It recently got hacked again and 50 Million user's data is potentially and alledgedly leaked. FB's privacy and security is a joke and that's leading them nowhere. Other stocks aren't in a great place either, if I wasn't clear earlier. They may look as if they are doing good, but in reality things are really much different.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Blockchain games. Whaaat? on: October 09, 2018, 08:50:33 PM
All blockchain games are instances of DApps, or decentralized apps (though not all dapps are games!). As decentralized gaming apps, blockchain games are open source, decentralized and distributed.

Many blockchain games feature NFTs or some in-game ERC-20 currency sometimes both. All blockchain games include at some point payments with the cryptocurrency that is native to their host blockchain, the most popular being ETH.

Most blockchain games iterate over certain schemes. You might have heard of the most popular ones: apps for collecting and breeding characters, apps that add battles and item crafting to the collectibles scheme, idle games in which you sit back and watch your character progress through levels, and good old-fashioned gambling games. Explore this FAQ to learn more about how blockchain games work. And explore the rest of the website to learn about the games themselves!

Have you ever played blockchain games? What do you think about them?
Blockchain games or games that make you "earn" cryptocurrency is a straight up joke. Their design/graphics/UI is usually horrible and the gaming feel is bad as well. I do wish that we could have better games, but the fact that we don't is a big bummer.

Actually we don't really need blockchain mainstream gaming, right now the gaming and e-sports world is doing just fine.
7  Economy / Service Discussion / Re: Roger Ver: Starting His Own Crypto Exchange? on: October 09, 2018, 08:02:10 PM
It is probably too late for Ver to join the crypto exchange market after the rise of Binance and several others. If the report is true Ver will use Bitcoin Cash as the base currency but why bother, Bitcoin was always going to win the battle against Bitcoin Cash.
He is not late at all. Roger Ver can potentially change the entire crypto exchange market if he does things right. Just because he would use Bcash it won't make the exchange will fail. Think like this: People use Doge for exchanges because its fast, and low fees. So if Roger does something that would convince people to use Bcash than anything, then there's nothing wrong with that. Right now what the market needs is a decentralized instantaneous exchange ,and if Roger Ver or anyone else for that matter develops such an exchange and does a great follow up on it, then we enter a new era of crypto.
8  Economy / Economics / Re: Evolution of money from barter system to crypto currency on: October 05, 2018, 01:22:32 AM

In the old age,few centuries ago people uses some money system which is called Barter system to buy and sell their products.This system works like exchanging their products between two people when they are in need but they realized that that system has flaws and not suitable for everyone since if there is no demand for one's product he can't buy anything he needs so later they moved to currencies (paper money) until now people uses this as their main form of payment but in digital format but people needs to understand that this also has flaw of centralization so we need to move to the decentralized money for better life.Lets get update ourselves to use the crypto currencies.

You're driving people to a misconception and are making them think centralization is bad, its not. Crypto isn't the best form of currency, FYI. Fiat is, no matter what, for now. Crypto isn't a replacement for fiat, the crypto markets are way too volatile for them to work on a nationwide currency,and being on a specific nation's favorite.

People just didn't move towards paper currency, people have used precious coins and other things as a means of exchange.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Travel Blockchain Projects on: October 04, 2018, 11:49:14 PM
Hey all,

I'd really like some info on top Travel Blockchain projects.
Have a few areas I need to fill in my portfolio.

Thanks for any info / direction!

MangoLife.
Everything I have come across by far just scream out to be scams or even if they aren't a "scam", their development is bad, thus making their project bad. And all of them are just built on the Ethereum blockchain, aka ERC-20 tokens. All these projects don't have good enough value yet, you can try trading them, but don't expect for very high results.
10  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will XRP Reach $1 by the End of 2018? on: October 04, 2018, 11:17:08 PM
Will XRP Reach $1 by the End of 2018?
XRP, the cryptocurrency from Ripple Labs, experienced a good run from $0.25 to $0.75 in September. Will the digital asset cross the $1 figure by the end of this year? XRP Rally in September The digital asset fetched reasonably good returns last month while the overall cryptocurrency market remained bearish. XRP retuned a gain of...The post Will XRP Reach $1 by the End of 2018?....
Its likely to happen, the price is at 0.5$ for more than a week now, and there's strong resistance at this point, all because of a new product called xRapid being launched and donations of more than 50 Million USD being made to universities in the past few weeks. But some people really hate ripple, so don't be surprised if people just buy it to dump the shit out of it.
11  Bitcoin / Bitcoin Discussion / Re: SEC Receives Letter from U.S. Congress Members Requesting Clearer Regulations on: October 04, 2018, 10:52:52 PM
Dude, the US congress is afraid of bitcoin apparently, and even think that it might take over USD one day, so clearly this isn't surprising news to see. Its funny however, that these Congressmen and women are literal old dumbfucks who don't even understand the policy of their country's SEC.

Regulation is kinda good, it helps a lot of people than shoving people away, but obviously some people won't like it, I know I wouldn't, because sometimes regulation just becomes censorship and lack of freedom,and anonymity. Let's see what the SEC is going to do about this.
12  Economy / Economics / Re: Can Bitcoin really stabilize any country's economy level? on: October 04, 2018, 03:21:10 PM
- After crypto's existence emerged, there have been a variable amount of jobs available in different genres (areas) such as blockchain development, token creation, project (ICO) promotion and so on. This also helped many people live a great life as due to the volatility of BTC and other crypto, people held them and received great profits in return. Getting a job to an unemployed in crypto helped too many people work from the comfort of their home instead of being sucked up in those 9-to-5 jobs where you're required to give each drop of your blood to that job. This allowed everyone, the freedom to work and as well, spend most of their time with their family.
Not even 1% of population have "great lives", if you really think about it. That 1% is 70 million people by the way. Not even 1% of that 1% have great lives.

- Last one:
As Bitcoin is limited in number, I believe that countries which will have the most amount of Bitcoins once it gets completely mined, are going to reap the most better profits. Now, how would this not be helping the country to grow their GDP as well as how it won't support that country's economy? I know everything here is hypothetical and can't be assured, but I'm only taking the possible outcome that may be seen in the future once this mining is done.
The real GDP may be effected, but its never shown, because no one counts bitcoin as a possible factor while calculating it, like I said before. Bitcoin or any crypto isn't taken account in GDP//GNP/NNP/NDP calculation.
13  Economy / Economics / Re: Can Bitcoin really stabilize any country's economy level? on: October 03, 2018, 09:38:18 PM
As we all have been speaking many times that Bitcoin possesses the power to diminish the use of fiat in a country where it's welcomed with full hearts, I wish to know that does it really have the ability to cope up with the challenges a country's economy faces? Can it help in the growth of their GDP?

As we know, Bitcoin is limited in number whereas Federal Reserve has the power to do monetary easing when things go wild with their economy levels. So with such limitations, can Bitcoin really stabilize any country's economic issues?
Bitcoin doesn't help the GDP because it is not counted in the annual GDP calculation in most if not all countries. From what I understand, bitcoin and crypto overall is entirely eliminated, so the real GDP of any economy is never out,as many factors are never considered because of many reasons. So you can never know if bitcoin helps solving economic issues or not. IMO, it doesn't. It can help a few citizens here and there but an economy wide issue is too much. Bitcoin's markets still aren't mature enough for that.
14  Economy / Speculation / Re: Tom Lee, from bitcoin bull to bitcoin bagholder on: October 03, 2018, 09:14:46 PM
LOL. Are you serious dude? That's not Tom Lee of Fundstrat, rather Tommy Lee Jones the Hollywood Actor. I don't know if you are trolling us, but it made my day.  Grin


You know, the Tom Lee in the OP looks more original than the real Tom Lee that we are talking about. The real Tom Lee looks like a fat hipster who took Engineering because it sounded cool back then.

Anyhow, I don't really think Tom Lee has become a bag holder, yet, chances are that he might or he might not. But probably before you know it, he'll back as a bitcoin bull, it's the old fuck we are talking about (the picture in the OP  Grin).
15  Economy / Speculation / Re: Miners are alive If BTC reach to $3000 ? And Is it possible ? on: October 03, 2018, 08:47:33 PM
- BTC Reach $3k I guess most of the mining farms will be stopped. Is it possible to maintain mining forms at the market situation (BTC at $3K) ?
- When Miners are reducing in BTC blockchain what will happen for the transaction?
- Can we expect BTC going down to $3k Is it possible according to TA and Do we need to trust TA?

All Discussion are warmly welcome  Smiley
Why would the miners stop? There are so many bitcoin miners, so even if some stop, it won't affect the system by any means. Just because the price is 3k USD, mining won't stop. Mining used to be done even when prices were worth nothing and people were mining at a loss, some still are but not the point I am trying to make.

I don't really trust or care about TA, but that's just my opinion, TA doesn't consider so many factors, so it's not ideal every time.
16  Alternate cryptocurrencies / Speculation (Altcoins) / Re: About new BullRun. on: October 02, 2018, 09:31:46 PM
What is your predict about new bullrun period? I find binance CEO s posts, and he think - after this time, bullrun maby will start anytime.

What you think about it?
That's just ONE opinion, everyone has those, unless you're a stupid lizard. So what he thinks doesn't really matter.

Bull run might seem to be happening for certain altcoins like Ripple, but others have become stable, trying to just survive all possible dumps. Also are you talking about entire crypto bullrun or just a specific crypto?
17  Bitcoin / Bitcoin Discussion / Re: UNICEF is now accepting donations in Bitcoin and 8 altcoins on: October 02, 2018, 04:36:51 PM
Since yesterday morning, UNICEF France is now officially accepting donations in bitcoin and 8 other cryptocurrencies (+ERC 20 Tokens) (I know that because I work there  Grin )
https://lp.unicef.fr/faire-un-don-en-cryptomonnaie/
https://lp.unicef.fr/comment-faire-un-don-en-cryptomonnaie/
Therefore, we would be very grateful if the BitcoinTalk community could help us by giving us your feedbacks on the pages, what to improve, to add or to correct, and better if you can relay the information to your network, and even better, if you could make a little donation to encourage the hesitating ones.

Thank you for any help you can provide !
Whoa. Holy sheet! Big boy news there. Not sure if anyone would donate as many bitcoins or any crypto, but hope could be restored, as we have seen knightdmb donate hundreds of thousands of bitcoin to wikileaks, so let's see.
18  Economy / Economics / Re: China moves further towards cashless society on: October 02, 2018, 01:48:10 PM
Fucking China back at it again. I mean, what do you expect, that darn country has blocked more websites than North Korea LOL!

Forcing citizens out of nowhere and not accepting cash is more of a dick move than an "economical move". Is China just trying too hard to collapse or what?

You shouldn't need a smartphone and a bank account to pay for a bundle of grapes. Roll Eyes
How else will strangers who you don't even know, track how you smuggle drugs? Having a bank account is a must you see, especially for people to stalk you on how you spend your money, and then for the bank to "freeze" your account with funds unnecessarily in the name of "security policy". If anything people are just protecting your money from you, and helping you live economically.  Roll Eyes
19  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ico and sec regulations on: September 28, 2018, 12:01:08 AM
So how the ico sales and buying will look like after sec will regulate the ico.

What will be changed for investor if the new system will be  for the ico-s ?
I have heard that the SEC is prosecuting and is going after scam ICOs already. But there are thousands of these and SEC  don't have enough man power to go after them, it'd take them years,and by that time the scammers would have run away to a getaway haven by then. The ICO market hasn't changed at all, even after SEC's warnings and prosecutions. Oh,except for random websites in the name of ICOs asking for your KYC, even if you're an apparent bounty hunter. #FeelsBadMan.
20  Economy / Economics / Re: Swiss Financial Services Company Raises $100 Million to Launch Crypto Bank on: September 27, 2018, 11:33:04 PM
100 Million for a crypto bank. It never gets old,does it?

Crypto bank would be useless,because there aren't very great crypto related activities. Plus, this license they are talking about, they might never get it. It'd be a big fail, if the bank focuses more on the "companies involved in cryptocurrency",because let's face it, there's hardly any legit one of them. Like Avikz said, Swiss has signed up an agreement with 41 countries, so they would have to share some of the info, so some "business" might never sign up for this bank.   
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