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321  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a catalyst for Health Care (Worldwide) on: May 28, 2015, 04:07:15 AM
Let's not try to make Bitcoin the next big wonder. People try to imagine BTC into too much fantasy, and in reality they become hopeless with little price drop. So I think Bitcoin should remain as just day to day alternate currency. That will provide both stability and reliability for Bitcoin.
322  Bitcoin / Bitcoin Discussion / Re: Using bitcoin adddress as email on: May 28, 2015, 04:02:36 AM
Why go through so much trouble while you can have a simple and easy Email address. And why put your BTC address on the line, we have plenty of things to put in our email address. I like it mine simple, not zigzag like my BTC address.
323  Bitcoin / Bitcoin Discussion / Re: What would ypu spend your bitcoins on? on: May 28, 2015, 03:59:43 AM
I didn't saw this option on the poll, so I am commenting.

I would love to buy some real estate on New York with my Bitcoin. I love Yankees so wouldn't hurt to live in the bronx. It would be a dream come true with BTC.
324  Economy / Economics / Bitcoin Price Technical Analysis (28/5/2015) on: May 28, 2015, 03:55:22 AM
Bitcoin is seemingly finding it difficult to shrug off laziness and inactivity. Ever since it breached the support zone at the start of this week, the digital currency has traded in an extremely narrow range of $234-238. However, I expect either of the fighting parties to make a decisive move as we enter the latter half of the week.

Bitcoin trades on a flat-to-positive note, up from yesterday’s $235.19 to $235.40.



Taking a technical look at the 240-minute BTC/USD price chart helps us in finding out that there is a better chance of Bitcoin hitting $230 than there is of kissing $240.

Bitcoin Chart Structure – As can be seen from the chart above, Bitcoin made another attempt to force a jump to a higher ground but the resistance zone (marked as yellow in the chart) proved to be an insurmountable task. The digital currency is trading flat as it remains trapped between support and resistance levels.

Moving Average Convergence Divergence – The MACD indicator has closed in on the Signal Line, thereby lifting the value of the Histogram to -0.1338. The current MACD and the Signal Line values are -0.5486 and -0.4148 respectively.

Momentum – The Momentum indicator has sunk deeper to -2.0500 from -1.6800.

Relative Strength Index – The 14-4h RSI reading continues to linger near yesterday’s level. At 44.7224, the indicator reveals that the market sentiment is still fairly bearish.
325  Bitcoin / Press / [2015-05-27] BITCOINIST.NET Bitnik’s Reload Enables Bitcoin Repurchasing on: May 27, 2015, 01:41:56 PM
Slovenian-based start-up Bitnik, has launched a solution for automated Bitcoin repurchasing and reporting. The service is termed as "Reload". It supports over 20 bitcoin exchanges.

http://bitcoinist.net/beatnik-reload-enables-bitcoin-repurchasing/
326  Economy / Speculation / Re: Big crash tomorrow! on: May 27, 2015, 01:35:40 PM
Just saying it, won't make it happen. Experienced users who knows the market, are ready for a crash or a roll at any second. So I guess this post is not really a warning for them. But good to see someone keeping things on the toe for new users.
327  Economy / Speculation / Re: Will Bitcoin be around in 5 years? If so, what's its price? on: May 27, 2015, 01:32:13 PM
If bitcoin were to falter, it would have already. And since it has already made it's way into the global market, it will remain in the market in the 2019 and the price will be around 300$ mark.
328  Economy / Speculation / Re: Bitcoin will stabilize at the same price that it was at 2 years ago.. $150-$200 on: May 27, 2015, 01:29:25 PM
Bitcoin has shifted in price by less than 0.5% in the recent times. That tells me it is trying to remain stable. So I am not that surprised to see it happening because I wanted it to get stabilized in order to gain more trust among the users and investors.
329  Economy / Speculation / Re: What does it take for Bitcoin to go 100X? on: May 27, 2015, 01:26:03 PM
That would take years of patience and millions of investments. Big corporations need to get involved with insurance of total security. That will gain trust among the users and the currency will keep on rising I guess.
330  Bitcoin / Bitcoin Discussion / Re: Could bitcoin recover from another 90bn coins hack? on: May 27, 2015, 01:21:56 PM
I don't think BTC was ever hacked and The MT.Gox incident was just like changing hand. The BTC is still in the market and someone out there is using them. I hope new users take lessons from the incident and take precautions.
331  Bitcoin / Bitcoin Discussion / Re: Is there an actual Bitcoin bank yet? on: May 27, 2015, 01:12:17 PM
I don't think there's a need of having a Bitcoin bank. I mean what a bank can offer to the bitcoin users. And for storage, wallet systemss wrks just as good as the safe deposit boxes. So in that view, no bank's been set up yet.
332  Bitcoin / Press / [2015-05-27] newsBTC Accenture Asking For Bitcoin Wallet Regulation on: May 27, 2015, 12:46:41 PM
Accenture has advised UK Government to regulate bitcoin wallets. With U.K. government trying to get a hold of the developments in the cryptocurrency industry, Accenture has advised them to start regulating bitcoin wallets.

http://www.newsbtc.com/2015/05/27/accenture-advised-uk-government-to-regulate-bitcoin-wallets/
333  Economy / Speculation / Is Bitcoin Suffering from Analysis Paralysis ? on: May 27, 2015, 12:43:13 PM
After Gavin Andresen’s proposal to increase Bitcoin block size to 20 MB, chief scientist posted a new blogpost.

In it, Andresen spared himself from discussing the technical aspects of his proposal but moderately focused on the inconsistencies within the Core Bitcoin project. He feared that the lack of consensus over the Bitcoin’s proposed block size is leading its development to a fancy stage, known as “Analysis Paralysis”.

Prior to introducing us to this term, Andresen openly recognized the criticism made by a section of Bitcoin community — regarding the lack of proper research and testing into the economic implications and security of the proposal. He however also recognized that the fear of tackling these challenges are also slowing down the Bitcoin development en masse.

“I’m convinced the uncertainty over when or if this will be resolved is harming Bitcoin,” Andresen added. “If somebody can point me at a successful software technology that went through years and years of debate and research and was not deployed until it was perfect I’d change my mind – the example that immediately comes to my mind is Project Xanadu versus the Internet.”

He is clearly trying to win back the community’s trust. Well, The community, has responded positively to his new and calmer approach — and have asked him to go ahead with the fork.

“I say just release the updated version with an increased block size, and see how many people update it,” one of the users commented. “It’s a voluntary choice to update. That’s the vote.”
334  Bitcoin / Press / [2015-05-27] IBT Cryptocurrency round-up on: May 27, 2015, 12:39:12 PM
bitcoin is showing the signs of stability, shifting in price by less than 0.5% since yesterday to remain around $238.

Litecoin also remained stable.

Meanwhile, Dogecoin has surged in price by more than 15% over the last 24 hours, pushing its market cap up above $16m for the first time since January.

http://www.ibtimes.co.uk/cryptocurrency-round-dogecoin-surges-bitcoin-wallet-regulation-kraken-margin-trading-1503149
335  Bitcoin / Bitcoin Discussion / Re: How many friends did you recommend bitcoin to? Did they accept it? on: May 26, 2015, 06:05:48 PM
I refer to three of my friends that I can remember. Two of him still in the dark but the last one is a tech geek so he understands it pretty well. He is using it on a small scale.
336  Other / Off-topic / Re: What YouTube video are you watching now? on: May 25, 2015, 07:56:52 PM
Supergirl - First Look...wow...can't wait to see the movie.

https://www.youtube.com/watch?v=Lm46-envrHo
337  Other / Off-topic / Re: What Song are you Listening To? on: May 25, 2015, 07:55:06 PM
Billboard top chart-2015

https://www.youtube.com/watch?v=RgKAFK5djSk&list=PL55713C70BA91BD6E
338  Economy / Speculation / Re: Bitcointalk back up, Bitcoin falling again. Connection? on: May 25, 2015, 07:48:35 PM
Bitcoin price was to fall anyway so I don't think the server compromise of Bitcointalk has any connection however it might trigger some panic buttons in some new Bitcoin users.
339  Bitcoin / Bitcoin Discussion / Bitcoin & Remittance on: May 25, 2015, 07:41:35 PM
Bitcoin technology has a lot of property to attract digital remittance operators, starting with its decentralized technology, and some money has been invested in this market as the remittance industry is quickly shifting to digital. Bitcoin also seems to have been introduced to manage remittance to developing countries thanks to it low-cost operating structure, especially as a lot of money is currently lost in fees along the remittance process.
340  Other / Off-topic / Re: Any Bitcoiners out there who loves National Basketball Association (NBA) on: May 25, 2015, 07:37:50 PM
I am a hardcore Lebron KING James fan. So I am betting on the Cavs. They just beaten hawks 3rd straight today and going to beat them in the next game quite easily.
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