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2181  Bitcoin / Bitcoin Discussion / Re: bitcoin: is it the coin of the future ? on: March 25, 2018, 05:21:23 AM
bitcoin started a big revolution in financial world. before bitcoin nobody imagined a huge global payment system that is not controlled by any government. nobody could think of a currency that is not issued by the government but instead is created in a decentralized manner and paid for "work" (PoW).
so yeah, of course bitcoin is the coin of the future. look at the adoption that it has been having. it is a constant rise in the adoption of it even though price has ups and downs.
2182  Alternate cryptocurrencies / Altcoin Discussion / Re: ICOs are getting attacked and banned everywhere, ETH is dumping hard on: March 23, 2018, 08:08:00 AM
some things are inevitable, when a coin is tightly connected with something else and that something else changes it will be affected greatly. in this case ETH has always been tightly connected to ICOs. in fact the only usage for Ethereum platform has been (according to the paper, developer,...) creation of smart contracts nothing else. so if smart contracts (which are the ICOs) were to become obsolete, ETH will also become obsolete.

and this is partly what has been happening this year. ICOs were getting banned, a lot of them were also cashing out their free money and causing the crash which will continue some more.
2183  Alternate cryptocurrencies / Altcoin Discussion / Re: If Bitcoin did not exist yet would you buy it? on: March 23, 2018, 07:52:44 AM
If bitcoin did not exist and tomorrow there would have been the ICO of Bitcoin, would you buy it? Or would you invest in other projects?

if there were an ICO for bitcoin then it wouldn't have been called bitcoin anymore, instead it would have been called a shitcoin and i only buy shitcoins for trading purposes to make profit on the bitcoins that i already have.

unlike altcoins bitcoin was not created to make the creator of it rich. Satoshi never made bitcoin to earn money. he made bitcoin to make a decentralized currency. and such creation does not need an ICO or any other shenanigans to raise free money out of thin air.
2184  Economy / Speculation / Re: How Far Have Coins Dropped From All Time Highs?? on: March 23, 2018, 07:45:19 AM
Do people think we've hit the bottom?
Have we seen the worst of the bloodbaths?

we may be near the bottom for bitcoin which is why the drops are becoming smaller and harder each time there is a dip but i seriously doubt that we are anywhere near the bottom for any of the altcoins. most of them went up only because there was a surge of investors (lot of money) in bitcoin which then migrated partly to these altcoins and now that they are panicking, all of that i getting out of them. and the rest of the investors are also going back to either fiat or bitcoin.
2185  Bitcoin / Bitcoin Discussion / Re: Crypto markets turn bearish atfer japan's pressure on Binance on: March 23, 2018, 07:28:15 AM
nah, i don't think this had any influence on bitcoin price. this is not such an important news anyways and in case anybody didn't know Binance is not a bitcoin exchange! it is instead an altcoin exchange so if anything, altcoins dumps is related to this news not bitcoin's.

in my opinion the reason why bitcoin dropped is the new wave of FUDs that is scaring people by talking about "child porn" on blockchain. as it was expected the only way for price to drop is for them to come up with new FUD and that is exactly what they did!
2186  Bitcoin / Bitcoin Discussion / Re: Legalize Bitcoin on: March 23, 2018, 07:19:39 AM
Why legitimize Bitcoin in a few countries, such as Japan,Why trade is prohibited in some countries?such as China

it is not prohibited in China!
what they banned in China was a bunch of exchanges that were operating illegally and without license. these exchanges were also performing illegal activities such as money laundering so they had to be closed.
according to Public Bank of China, you can trade bitcoin and other cryptocurrencies over the counter or on any other exchanges such as the foreign ones still.
2187  Alternate cryptocurrencies / Altcoin Discussion / Re: BCH vs BTC? on: March 23, 2018, 07:14:22 AM
Hi, guys, I found few articles on the Internet stating that BCH will cross BTC in few months/years. Is there any possibility? Whats your opinion?

There is very less probability of this happening. However, one thin has surprised me for sure. BCH was showing positive returns recently (24 hours period) when all other coins were red (including bitcoins). This is the sign of a good coin and if it continues to show similar behavior in future, I am going to invest some money there as well. So far I had invested mainly in bitcoins and ripple only. In my opinion only ehtereum has the capability to cross bitcoins in future.

first of all in the past 24 hours BCH has been falling like any other altcoin if not more. according to stats it has dropped nearly 8% since yesterday so i don't know how in the world you are saying it is showing "positive returns".

secondly just because some altcoin is being pumped doesn't mean they are good. and from your altcoins choices (ETH, XRP, BCH) it shows that you are a bag holder who has bought into these coins wishing to make a lot of money but you have been losing a lot instead since you are bag holding instead of trading them!
2188  Alternate cryptocurrencies / Altcoin Discussion / Re: Why We chose IOTA over other Cryptocurrency on: March 22, 2018, 07:28:21 AM
you forgot to mention "what for" Cheesy

for investment, IOTA like any other altcoin is only good for a short term while it is getting pumped and you should get out of it before it is too late and before the dumping is started.

for other purposes, things you said may be correct. i am actually very interested in all the altcoins that are using DAG technology. but one thing has always concerned me and that is the fact that it has no fee and what is stopping someone from spamming the network with limitless number of transactions every second to cripple the network?
2189  Alternate cryptocurrencies / Altcoin Discussion / Re: Faith.. on: March 21, 2018, 07:58:03 AM
Last 2 days I bought for about some cheap coins and it went down for about 5% or something and I decided to sell. And now, I am at full regret that all of those coins are now up for about 20%. My lesson for that is to be patient since the market was down for some day and it will always go back up.

no, actually your lesson was something entirely different but you misinterpreted it!!!

your lesson is that next time you need to act much faster and never let things go by without paying close attention to the market. trading altcoins is not something you can do half-assed. it needs dedication and spending a lot of time.
for example in this case you bought and prices fell, you sold at 5% loss which is a very good decision because it is a nice stop loss and a wise move.
then things changed all of a sudden and prices started to move. now your mistake is here. your mistake was not buying back when you saw the reversal. what you needed to do was to buy back on the way up (assuming you are right about the 20% rise) and then enjoy part of that rise like 15%  or 10% of it and dump on top to get that profit out.
2190  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Finally spring bull run is coming? on: March 21, 2018, 07:49:11 AM
i wouldn't really jump the gun on this yet. there is still nothing clear about the future trend of the whole market. bitcoin had some nice recovery and that's all. and thanks to that altcoins also had some recoveries to come back a little. but the altcion dumps are not over yet and all the newbies that have been wounded by this dump are not going to come back so you can not expect a pump without them around and altcoins won't go up without a pump anyways.

and by the way the bull run is for Summer, not Spring!
2191  Economy / Speculation / Re: Long or Short since Bitcoin reached 8800 again? on: March 21, 2018, 07:40:55 AM
the higher the price gets, the more resistances it is going to break and as it breaks them a lot more investors come back bringing a huge amount of money back in. and as they do, price will continue going upwards more and more.
it is a little hard to say if we are at that point where we can expect a bigger rise or will this be it. so far it seems we will continue to have some more rise, maybe smaller rises for the time being and some more sideways but i think if we go back to $10k we can expect more rise.
2192  Bitcoin / Bitcoin Discussion / Re: Would you support to open bitcoin or crypto in college level? on: March 21, 2018, 07:36:58 AM
if by support you mean "attend" the classes then no. but not because i have the delusion of knowing everything! i won't attend these things because i believe all the information that i want can be found online and for more advanced topics such as cryptography for example i am not really capable of learning them and i don't like it that much either.

but if i say they should exist. so i support that. people need to have the option to attend to classes where these things are properly taught by experts. not everyone is capable of finding good information online among loads of crap that is out there!
2193  Bitcoin / Bitcoin Discussion / Re: Bitcoins High Fee Fallacy on: March 21, 2018, 07:00:33 AM
first of all you can never say how long a transaction would take to confirm if you pay a lower fee, that is only an estimation. and also reporting fees in dollar terms has no meaning. fees should be reported in bitcoin (or satoshi) per size (in bytes or kilobytes whichever you prefer) because you are not paying fee based on your amount, but based on the size of your transaction.
for example right now fees are about 2-5 satoshi per byte so i can make a transaction with that much fee but pay a total of $0.02 or $10 depending on the size of my transaction.

secondly for the past 9 years that bitcoin has been around fees were only high for a couple of months for a couple of reasons including some spam attacks against bitcoin network.

Can fees become lower then 1 satoshi per byte in the future? Like if the price of bitcoin was to increase exponentially again, wouldn't even a 1 satoshi per byte fee be somewhat prohibitive for micro-transactions? Sorry for the noob questions.

although fees are also affected by the price but the price is not the main factor changing the fees. but yes it can change if price goes a lot higher and it needs to change.

also you need to know that fees aren't something that someone changes by flipping a switch. fees are what the decentralized network decides. for example right now the majority of the network is running bitcoin core clients and the default setting in bitcoin core is 1 S/B for minimum transaction fees so while you can still send transactions with lower fees they may not be propagated properly because nodes will be rejecting it so it may not even reach the miners.
and then there are miners. since they are the ones putting transactions in blocks so to speak, they can decide the minimum transaction fee. for example they can decide they don't want to accept any transaction unless it is paying at least 100 S/B and they do that sometimes with malicious intents. but the more decentralization of mining can help fix this.
2194  Alternate cryptocurrencies / Altcoin Discussion / Re: Masternode Grading Sheet on: March 20, 2018, 06:29:34 AM
there is always a very important risk factor in all of these Masternodes which you can not even measure and you will never see in any of the masternode guides and that is the price volatility of the  coins. OP's table has Economic Grade which seems like it is taking it into consideration but not that much.
we all know that altcoins are pump and dumps and their dumps are usually pretty serious. investing in these coins and wishing for profit may prove pretty difficult when their dumps come and you start losing money because you can no longer cover the costs.
2195  Economy / Speculation / Re: Bitcoin Hitting $91,000 By March 2020 - Tom Lee, Fundstrat Global Advisors on: March 20, 2018, 06:16:36 AM
this is a prediction i can get behind.

we have the halving, by that point not too far off 90% of all coins will have been mined, regulation should be clearer, exchanges will be better, plenty of projects will have reached fruition.

I believe miners will be billed more for their usage of energy. No more "cheap electricity", and they will be taxed more. The labor and energy made behind each coin mined will be worth more.

when you say miners you mean the mining farms no the many individuals with ASIC miners at home who are mining bitcoin and connecting to a pool. nobody can do anything about the individual miners because it is simply at home and they are using electricity which the electric company can not tell for what it is being used!
as for mining farms, they already have contracts with electric companies specially those in China and are getting even cheaper electricity. increasing the price may not even be possible and even if it were, it would reach normal cheap levels!
2196  Bitcoin / Bitcoin Discussion / Re: Is it safe to invest in cryptocurrency in India? on: March 20, 2018, 06:05:31 AM
well i can not possibly tell you whether it is safe or not since i don't live in India and the news is never trusted but what i can see is that there are multiple exchanges in India for trading bitcoin, there is also more decentralized ways such as localbitcoins and for a very long time the trading volume of these places have been extremely high. that shows that Indian are already investing in bitcoin and they are doing it A LOT.

additionally you may want to ask this in Indian board here: https://bitcointalk.org/index.php?board=89.0
2197  Bitcoin / Bitcoin Discussion / Re: Bitcoins High Fee Fallacy on: March 20, 2018, 05:56:53 AM
first of all you can never say how long a transaction would take to confirm if you pay a lower fee, that is only an estimation. and also reporting fees in dollar terms has no meaning. fees should be reported in bitcoin (or satoshi) per size (in bytes or kilobytes whichever you prefer) because you are not paying fee based on your amount, but based on the size of your transaction.
for example right now fees are about 2-5 satoshi per byte so i can make a transaction with that much fee but pay a total of $0.02 or $10 depending on the size of my transaction.

secondly for the past 9 years that bitcoin has been around fees were only high for a couple of months for a couple of reasons including some spam attacks against bitcoin network.
2198  Economy / Speculation / Re: Will Bitcoin marketcap touch $1 Trillion in 2018? on: March 20, 2018, 05:47:33 AM
this is asking the same question that has been asked a million times but with different words!
instead of asking will bitcoin price reach $50,000+ you are asking whether its market cap will reach $1 trillion which is basically the same thing but only using terms that are confusing and pointless since market cap is pointless.

and the answer is yes, $50k is a price which will be reached sooner than you think. some even speculate it will be here by the end of 2018, i think we may need some time first to recover from this dip before we see a rally.
2199  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Just RELAX, it will be OK! on: March 18, 2018, 11:35:38 AM
have you ever heard the term pump and dump? that is what's happening right now. the dumping part. so far you only saw the pumping part of altcoins and you never minded and you even thought you will become rich by bag holding a portfolio but now you are facing the reality which is the fact that for every pump there is a dump. they are like an inseparable couple. you can not have one without the other. and as the wise money exits the altcoin market the prices crash and eventually the bag holders give in to the sell pressure and dump and that is when the huge crashes happen.
2200  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What coins will you buy during this dip ? on: March 18, 2018, 11:27:50 AM
this may sound like a cliche but only bitcoin is good at the moment because there are only certain scenarios that could happen. if bitcoin continues going down altcoins will also go down so there is no point buying anything and if bitcoin were to recover the biggest and surest recovery would be for bitcoin. altcoins may recover too and some of them bigger but you can not be sure about them and that is key factor.

there are also smaller unknown altcoins that are getting pumped on a daily basis which you may find worthy of investment.
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