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121  Bitcoin / Bitcoin Discussion / Re: Big Bank Warns of “Bitcoin Crash” in 2018: Here’s Why It Seems Doubtful on: December 17, 2017, 11:00:36 PM
We have already seen the obituary of bitcoin all over the internet a hundred times before.Now,most of them predict about the bitcoin crash.This is the first time bitcoin gets media exposure all over the world and intitutional firms entering for the first time in bitcoin history.So,we could expect a big hike in bitcoin price and possibilities for crash are very low.
122  Bitcoin / Bitcoin Discussion / Re: Coins real or fake? on: December 17, 2017, 10:55:21 PM
How did these new coins come about, there are so many. Are they owned by company? There are some with weird names. Are they all real or fake?
Bitcoin was the pioneer in crypto currencies.After that,altcoins like ethereum,monero,zcash were created which had atleast some unique features which were missing in bitcoin like anonymity,tc.But later,many people tarted to create altcoins just to make some quick profits and they were termed as shitcoins.They were hundreds in numbers today.They do not deliver any thing unique.They were just pumped and dumped and it would be better to stay away from them.
123  Bitcoin / Bitcoin Discussion / Re: Why are they afraid of bitcoin? on: December 17, 2017, 06:34:15 PM
Yes,they thought that they would be able to control world itself especially other world countries. But bitcoin entered the scene as a thunder storm smashing the traditional methods of economy.Bitcoin has almost challenged the traditional banking system which was well established even before a century.
124  Bitcoin / Bitcoin Discussion / Re: Is the 21 milion of bitcoin a real limit? on: December 17, 2017, 06:09:31 PM
Good morning
Reading about bitcoin, I've found that there is a maximum of BTC that can be mined: 21 milions
It is said that this limit is due to the source code.

As probably you know more than I do about BTC:
- is it a real limit
- is it a good thing? I think it is but it looks like BTC will become more a commodity and not just a payment system

What do you think?
Yes,21 million coins is the real limit and it could not be changed.It only ensures bitcoin to be free from inflation unlike paper currencies.People rush to buy bitcoins as 16.5 million coins were already mined and available now.Only 4.5 million coins yet to be mined.Even after 21 million coins get mined and still demand exists,then satoshis could be used since bitcoin is divisible in to eight decimals.
125  Economy / Trading Discussion / Re: Volatility on: December 16, 2017, 11:55:54 PM
No.Crypto currencies are decentralized and so the price will either increase or decrease with variation in demand.So,volatile would exist.Some expect that volatility would get reduced when big companies enter the market and the price would get stable.

It is this volatility of bitcoin which traders make use of and gain huge profits.
126  Economy / Trading Discussion / Re: Be cautious with new exchanges on: December 16, 2017, 11:52:28 PM
Yes.Better to go with the older legit exchanges like poloniex,bittrex,kracken,coinbase.

Usually many new investors get attracted with the low fee or zero fee trading offered by new exchanges and deposit their bitcoins there.

They even have a chance of getting scammed and lose their bitcoins.
127  Economy / Economics / Re: why is the price at localbitcoins so much higher? on: December 16, 2017, 06:11:16 PM
As per subject header, I noted that the price quoted on localbitcoins is much higher that the actual BTC price.

An example, as of now: BTC is trading at (my country Singapore) S$23,900 but on localbitcoins, sellers are quoting S$26,000 plus.

Why so? I do understand that there is a TX fee and some profit margin for the seller, but S$3000+?

I might as well buy from coinbase and sell BTC at localbitcoins to make a profit..??

Localbitcoins.com is not an exchange like poloniex or bittrex.It jut provides a platform between sellers and buyers.Sellers usually sell their bitcoins much higher in price than its market value.Even when they buy in LBC,they buy at a price more than its market price.
128  Economy / Economics / Re: Bulgaria Government Shocked To Discover It Owns $3 Billion In Bitcoin on: December 16, 2017, 06:02:53 PM
Even other countries may get more shocked when they would discover most of their money in bitcoins.It clearly shows that people are losing their trust in government issued currencies.They find bitcoin to be a safe haven.Even this amount would be very high if checked in US and other developed states.I think that they would dump it to recover the huge money.
129  Bitcoin / Bitcoin Discussion / Re: why is bitcoin better than bitcoin cash, bitcoin gold, super bitcoin.... on: December 16, 2017, 01:27:55 PM
why is bitcoin better than bitcoin cash, bitcoin gold, bitcoin diamond or super bitcoin?

why should people trust it?

they all have the name bitcoin in it, but the other ones have other fance additions like gold, diamond or cash,

and they are all privilegedly listed in coinmarket cap.

regards
Only bitcoin is the real while all the others are just trash.

Bitcoin cash was mainly supported by roger ver,a giant whale and for that only reason,it has attracted the attention of more investors previously.Its just a pumped coin.

Bitcoin gold is just a totally unorganized project.Considerable volume of coins were premined and it is a scam project.

Bitcoin diamond is another forked coin created by two miners and it promised to offer free coins in the ratio of 1:10.

In short,they don't deliver any unique features and they were just created for the benefit of its supporters.
130  Bitcoin / Bitcoin Discussion / Re: Japanese company will start paying salaries in Bitcoin on: December 15, 2017, 03:21:34 PM
Japan is playing as a role model to other world countries in legalizing bitcoin and now a step ahead in even paying salaries to its employees.We could not even imagine such a scenario now in any of the other world countries.

GMO being a giant internet company has paved the way for other companies to implement it.Since its going to start bitcoin mining,it would get bitcoins as block reward and so,it has no need to buy costlier bitcoins in the market to pay its employees which would not be practical and profitable.
131  Bitcoin / Bitcoin Discussion / Re: +95,000 Unconfirmed Transactions on: December 15, 2017, 03:14:50 PM
I think that its far better than last week's volume of almost 220,000 unconfirmed transactions when bitcoin reached its ATH price.Segwit has not helped by any way to solve this problem.It could be solved when lightning network gets activated which is still in its beta stage.
132  Bitcoin / Bitcoin Discussion / Re: ☃☃☃ The Bitcoin Dream ☃☃☃ on: December 15, 2017, 03:02:06 PM
Its true that bitcoin is not backed by any assets.The main reason people like to invest in bitcoins is it has various positive factors.First it is free from the hands of government.So people find it to be a safe haven.Secondly,it could not be hacked when kept safely in a wallet.Thirdly it has a limited supply of only 21 million dollars unlike USD and gold which are found to be infinite.So its free from inflation.More over,increasing demand has made its price to skyrocket.All these factors have paved the way for bitcoin to reach such a high price in very small duration of time.
133  Bitcoin / Bitcoin Discussion / Re: How foolish are people who invest in Bitcoin? on: December 15, 2017, 02:51:08 PM
I don't k now how you come to the conclusion that bitcoin has reached its peak price and its going to crash.Any analysis?Its true that bitcoin is now at its ATH,but it does not mean that its going to crash.You should not forget that even the wall street firms have changed their attitude towards bitcoin and have started to invest in bitcoin.It haas caused increase in price and when more firms enter,it would get even more exposure and hence more demand resulting in price increase.
134  Bitcoin / Bitcoin Discussion / Re: Help Burst Bitcoin Again to $6000 on: December 15, 2017, 12:38:30 PM
When I first got to know the bitcoin its price was around $3200 but I did not invest at first because I was sceptic about this. Slowly It's price and the value among the people increased then I bought some bitcoin at the price of $6324. After few days its price was drastically decreased because of the J.P. Morgan case. I was thinking one person's statement can make a huge business then what can we do to make some money out of bitcoin by bursting it price to much lower than now but



can we do that?
Sorry to say this.Both bitcoin and its holders have travelled a lot ahead and every body is now aware of the potential of bitcoin and no one would here after be hearing to jamie dimon or any other CEO's statement against bitcoin.So just drop your idea of buying bitcoin when its price falls back to $6,000 and buy as much bitcoin as you can with your present investment.Otherwise,you would once again have to get disappointed when  bitcoin's price hits $20,000 soon.
135  Economy / Services / Re: [Paid]▂▃▅▆█ BITCOIN TRANSACTION ACCELERATOR █▆▅▃▂ for Unconfirmed transactions on: December 15, 2017, 12:27:39 PM
Bhaijaan.Plz accelerate the transaction below.

540f5a0a7812b9caeb022f01038a15de3d7c88a3913c89d9d78f184185dd45fb

Thanks in advance.

Also,one of my friend's transaction was stuck since in electrum wallet it shows low fee.But he has paid fee of 0.0006 BTC for 0.019 BTC.I think that its a fair enough fee for transaction.So,kindly suggest what should be done.
136  Economy / Trading Discussion / Re: how to preditct coin price? on: December 14, 2017, 11:59:51 PM
Its really difficult to predict the price of crypto currencies.Market should be carefully watched so that new developments could be easily known to predict the upward or downward movement of the price.Big events like CME,CBOE entering the market should be considered as a signal for price rise.You should sign up with telegram  channels which give updated news about the crypto world so that you would get a clear picture of market.
137  Economy / Exchanges / Re: Yobit.net exchange - legitimate or not ? on: December 14, 2017, 11:58:31 PM
I have not heard before Yobit to be a legitimate exchange.Its already world famous for listing scam coins.They don't bother about any newly released coin's legitimacy.All scam coins could be found listed there.But now only hearing the complaint that amount could not be withdrawn.

i think nowadays issues arising with more exchanges.Bittrex was considered to be a legit exchange and nowadays,it is accused for banning thousands of accounts without prior intimation and not even replying to support tickets.
138  Economy / Trading Discussion / Re: trading or working in signature campaigns? on: December 14, 2017, 11:50:29 PM
If you don't have any initial investment to start your bitcoin journey,then signature campaign would be the ultimate choice.If you have initial investment and risk bearing attitude to some extent,then trading could be done.Actually i started my bitcoin journey by working in signature campaigns and then i just saved those tiny amounts and invested to buy altcoins and started trading.Now,i'm getting my earning from both.
139  Bitcoin / Bitcoin Discussion / Re: Big Bank Warns of “Bitcoin Crash” in 2018: Here’s Why It Seems Doubtful on: December 13, 2017, 11:33:23 PM
Deutsche Bank sees the possibility of a Bitcoin crash in 2018, but we have reasons to support why this fear is overexaggerated.
Deutsche Bank has released a list of 30 possible events that pose a high risk to investors across the world in the coming year. A few of these include high inflation in the U.S., the Russian presidential elections, and the bursting of housing bubbles in Canada, Sweden, and China.

More Detail Here... profitconfidential.com
Its just a fear based on an ideology that bitcoin crash might affect investors largely. It does not gives any evidence as to the fact that bitcoin will crash soon in 2018. I think 2018 is too soon to say that bitcoin can crash. Its not known to a great part of world.
So you are saying that the bitcoin crash depends on how much known in the world it is ? Bitcoin could crash anytime no one knows if it's sooner or later.
But most likely if it's going to happen it's now . The price has gone extremly high and it's possible that it goes down at the same rate.
Yes,price has gone very higher.It would be better if its price falls down a little and get stabilizes at some price.Otherwise,even a small spark could make new investors to do panic selling which may result in a price dip.

But we could only expect a small price dip and we should be aware that banks treat bitcoin as their rival and give false predictions about it that it would soon crash.
140  Bitcoin / Bitcoin Discussion / Re: Is Forks are helpful For Bitcoin? If forks happen then will price go up? on: December 13, 2017, 11:29:45 PM
Forks are created by some group of miners for their individual benefits.It has now become more easy to create a forked coin instead of creating an altcoin.Its not good for the reputation of bitcoin.It earlier made bitcoin price to rise initially since most of people bought bitcoins to claim the free coins but then the price fell down a little as those people just sold their bitcoins after claiming free coins.
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