Bitcoin Forum
May 07, 2024, 06:33:34 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 [31] 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 ... 286 »
601  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATMs should target developing and third world countries on: January 20, 2019, 07:34:11 AM
as far as I know ATMs have higher fees and in short it would cost you more to buy from an ATM compared to buying using most other methods. that means ATM machines only have a certain client type, they are not exactly for increasing adoption. at least not yet.
the developing countries first need some regular places such as exchanges to buy bitcoin at then move to additional options for special purposes such as ATMs. otherwise it will be an unused option in my opinion.

Bitcoins vouchers can be bought from Amazon these days and be fulfilled by global stores. What developing country needs is a quick access of funds, ATMs provide that. Moreover Cash cannot be traced, an online bank transfer can be traced, and the person can be flagged.

I agree, small steps though can improve the experience.

well, speaking about majority, my point was that they don't really care much about that kind of anonymity that ATMs and "cash" provides for them which is why purchasing from a bitcoin ATM costs more in first place. they want more convenient ways to purchase bitcoin and at a cheaper rate. and exchanges can provide that for them. specially some local exchange that doesn't require oversees wire transfer of money with high fees to get to foreign exchanges like Coinbase, bitstam,...
602  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATMs should target developing and third world countries on: January 20, 2019, 06:48:40 AM
as far as I know ATMs have higher fees and in short it would cost you more to buy from an ATM compared to buying using most other methods. that means ATM machines only have a certain client type, they are not exactly for increasing adoption. at least not yet.
the developing countries first need some regular places such as exchanges to buy bitcoin at then move to additional options for special purposes such as ATMs. otherwise it will be an unused option in my opinion.
603  Bitcoin / Bitcoin Discussion / Re: If you are buying BTC in 2019 because you think it is Bitcoin, you are being foo on: January 20, 2019, 06:40:15 AM
unfortunately it is very hard to fight with someone who owns a domain name called "bitcoin.com" because newbies don't usually research, they only search on the internet and when they see the domain name they think it is trusted. and they are using that to their own advantage and fooling newbies into believing what they are selling them is "bitcoin" whereas they receive an altcoin. we have had a lot of complains in the past year from newbies who were confused why they haven't received "bitcoin" in their wallet while the place they bought it at (bitcoin.com) was showing them they sent the  coins already!
604  Bitcoin / Bitcoin Discussion / Re: The reasons for Satoshi's anonymity? on: January 20, 2019, 05:34:44 AM
I think you are trying too hard to come up with a theory mainly because you are overthinking it since you have a hard time believing that someone may exist in the world who isn't creating a "currency" to become famous or become rich. possibly you have been comparing bitcoin too much with altcoins (hence the comparison of Satoshi with Vitalik in your first statement). but you have to realize that Satoshi didn't have the same motivations as the nowadays' altcoin developers. he created bitcoin mainly to change the world. not for fame, and not for riches.
605  Economy / Speculation / Re: 2019 the Bullrun year? ( many aspects ) on: January 17, 2019, 01:10:15 PM
to be honest, at the moment I am quite hesitant about bull in 2019, I say this because I see the market power is getting weaker. in my opinion our only hope for seeing a bull is an approved ETF.

for 10 years bitcoin rose millions of percentage without ETF or any other type of government issued crap like it and for many years more we will continue seeing bitcoin rise without them. right now things are exactly like 2014 when price hit $200 and stayed there with people getting disappointed and hopeless about the rises. the next leg up will be swift and big because of that.
606  Economy / Speculation / Re: $3k range the new $6k range? on: January 17, 2019, 12:30:05 PM
yes, I think $3k is the new stable price range... for the next 2-3 months
unless something big happens and affects bitcoin market directly
oddly the recent hacked exchange cryptopia doesn't seem to have any effect on bitcoin price Undecided

the problem with the dips like these is that they are not natural and it wasn't traders who sold bitcoin to reach here. it was whales manipulating and dumping coins on large scales to push the price down then others followed to prevent bigger losses so the dip become big (a 50% drop from the real bottom at $6k). and that means you can't really predict how long it can last because the decision is again up to those who did the dumping.
607  Economy / Exchanges / Re: Binance freezes stolen Cryptopia funds on: January 17, 2019, 12:23:45 PM
This is why "crypto is a money laundering machine!" narrative is not true. Binance has been freeze funds sent by Cryptopia hackers, it is very easy to tag suspicious transaction on the public blockchain network.

to launder money you don't use a currency, you use a business that you can put your money in and mix it with clean money that is coming from the revenue of that real business and get the bigger outcome of the mixed money out and also pay the taxes on it to thro off the investigators and have clean money.
using cryptocurrency does none of that and that is why it is a foolish thing to call it "money laundering machine".
608  Bitcoin / Bitcoin Discussion / Re: The Lost Ideology of Cryptography. Can we regain it again? on: January 17, 2019, 12:14:12 PM
Currently, we are developing our P2P trading platform called RiseX which won’t impose any verification methods or trading limits because it contradicts with cryptography ideology. We want to build a place where people can trade without revealing their personal information.

whether you ask for any kind of verification or not is irrelevant to this "ideology" that you keep repeating here. and when you speak of a new exchange the only thing that matters is what kind of guarantee you are going to give your users that trust your platform with their money, that you won't get hacked or you won't run away with their money? and since you can't give any kind of meaningful guarantee, then there is no difference between your exchange platform and dozens of others that got hacked or waiting to be hacked!
609  Bitcoin / Bitcoin Discussion / Re: Bitcoin [BTC]’s Lightning Network capacity is now worth over $2 million on: January 17, 2019, 12:02:41 PM
and yet. years later. BITCOIN has not progressed.

What kind of progress are you seeking? Scaling? Genuinely asking.

Also, doesn't Bitcoin Cash exist for people who are adamant on on-chain scaling? I'm curious as to why you want to change this Bitcoin, when there's another version that aligns with your ideologies better. I've also seen you claim that both coins are Bitcoin, so it should be fairly easy for you to pick one and stay with it. I personally choose to ignore the politics and focus on the fact that it's a good thing that there are two teams who are trying two different approaches for one goal.

I strongly disagree because bitcoincash is not a different team and it is not an honest approach. any "other team" who wanted to create something useful would have created something new as in from scratch not build on top of bitcoin by using its name and try to gain popularity that way.
in my eyes anybody who does that will automatically invalidates their own project no matter what. we already have a lot of altcoins, some of which are unique without trying to stick to bitcoin and its name like a parasite.
and lets not forget about the problems that they have been causing for bitcoin by stealing hashrate.
610  Economy / Trading Discussion / Re: Can we do 15 - 30$+ per day by trading successfully in these market conditions? on: January 15, 2019, 03:33:51 PM
The risk in trading is really so high so it means that losses are inevitable. You can make money but it is more hard than you think. The price of most of cryptocurrencies are always changing so the price is really unpredictable.
OP is targeting daily big profits but you are discouraging him by stating losses. I meant to say making up to $30 might be possible for few traders but they might have got enough experience before doing so. Yes, anything may be possible through trading but you need to be completely prepared for that. Otherwise losses will be the final event.

you can't talk in numbers like $30, $50,... you must talk in percentages because $50 can be a 0.1% profit on a large amount of investment or it can be a 200% profit on a small amount of investment. and obviously the former is easier than the later. and when you speak of risks, including the percentages makes it more meaningful because the first one despite earning a small percentage is taking a bigger risk because of the bigger investment.
611  Economy / Speculation / Re: Tone Vays Is 85% Certain Bitcoin (BTC) Hasn’t Hit True Bottom on: January 15, 2019, 03:17:45 PM
some people seem to resist any change in the statements they may on public, maybe they think if they change it people no longer listen to them but they forget that people already don't listen to them because they have overdone it already!
it is like the opposite of Tom Lee with his ATH predictions all through last year. this is as foolish as that one. they are all advertising themselves and gaining fake popularity and earning money from it while people keep discussing their nonsense.
612  Economy / Speculation / Re: Bill Gates & Richard Branson 1.2 billion investment into bitcoin revolution! on: January 15, 2019, 03:08:14 PM
look at the name of the website you are posting the link from! look at the domain name for goodness sake. it is a .space crap Cheesy
you don't have to be a genius to know it is bullshit clickbait which happens to be a pretty common thing among bullshit news sites like this where the owner is only aiming to increase his traffic any ways they can. most of them are trying to increase their rank so they can dump the site on another fool and take the money!
613  Bitcoin / Bitcoin Discussion / Re: Let's kick some bear ass on January 30th! on: January 15, 2019, 07:19:04 AM
you can't "make" the price rise sharply but it will do it eventually.

you can't force it because it needs investors to come back to the market as they gain their confidence in it back. otherwise as long as the manipulation is the dominant force and the price is being suppressed every sane person prefers holding (either their money or their bitcoin depending on their views and greediness). and holding means price won't change and whales remain in power because there is no opposing force in the market anymore.
614  Economy / Service Discussion / Re: Exchange Volumes on: January 15, 2019, 06:52:25 AM
you question lacks a lot of information required to answer it.
for example why do you want exchange volumes? for just knowing which exchange has a higher volume then visiting the exchange list on coinmarketcap.com is more than enough and their sorting based on volume is what you want. but if it is for some sort of analysis that requires an additional look at the volume then it becomes useless. in which case you have to visit the exchanges themselves. which poses another question, what crytpcourrency market you want to look at? I am going to assume it is bitcoin since it is the bitcoin board. in which case most bitcoin exchanges have a specific API call that will give you OHLC points which also contains volume. it is usually called "market history" or simply "OHLC" or "chart points". you can get volume and price that way and do your analysis.
there is also some data dump sites like bitinfocharts.com which allows you to export their historical data but I would still go with the exchange API itself.
615  Bitcoin / Bitcoin Discussion / Re: The market is recovering or just adjusting to the price . news on: January 15, 2019, 06:28:07 AM
this to me looks more like whales who are trying to test the market and see how are things going after their huge dump of the past month. we are currently in ATH of manipulation while most traders have exited the market to keep their money safe from whale manipulator/accumulators.

the situation won't change, and will remain mostly meaningless until we start entering some logical trends that can be explained and also when the traders come back to the market when they feel safer.
616  Economy / Speculation / Re: Is this a new BIG BTC buy signal??? on: January 15, 2019, 06:24:21 AM
this is just another sad attempt by desperate people who are in bitcoin market but have no understanding of how things work in it. we have seen a very similar thing in the past 4 or 5 months from probably same people who were constantly making up stories about how big amounts of bitcoin are being sold on exchanges. amounts that were always in billions of dollars and they thought they could cause a panic by spreading that FUD and now they think they can create a hype by spreading nonsense again and make some of the money they lost back!
617  Economy / Speculation / Re: Why BTC to Under 1K$ soon on: January 14, 2019, 10:40:51 AM
Since lot of people are in Panic they will start to sell their BTC with loss , Market will be red more than ever before,
So this is how It work:When BTC 2.9K$ Panic will be started, Downtrend will be slowly started too. Price will be dropped to 2.5K$ - 2K$ than Next wave of Panic will be started and price will be fallen to 1K$ and it will stable at 800$.

The theory can be turned around - its based on assumptions. If it will drop to 2k someone else might just buy in instead of the extra panic selling you describe.

lol. you think so highly of OP Cheesy
there is no "theory" here nor is there any assumptions. what he is doing is called "talking out of ones ass" and unfortunately it has turned into a very common thing in speculation board. people love throwing numbers at each other pretending they are "speculating". the word has lost its meaning in this forum for the most part.
618  Bitcoin / Bitcoin Discussion / Re: The story gets scarier. on: January 14, 2019, 09:43:21 AM
I still don't get why Bitmain firing a bunch of their employees is a scary thing for bitcoin?!!!
they are one of the biggest and most profitable organizations that are involved with cryptocurrencies. and they are in multiple scenes including mining, mining equipment production and sale, exchanging and pump and dumps and that is not just limited to bitcoin, they are involved with multiple altcoins such as litecoin, ethereum,... and are making tons of money!

they fucked up with their bcash in the past year and have been paying for it with their losses. but that still doesn't create any fear for "bitcoin" and its future.
619  Bitcoin / Bitcoin Discussion / Re: would u open a loan to buy the dip? on: January 14, 2019, 08:26:55 AM
that is a very silly question because the (literary) first rule of investment which anybody around the world knows is that you should never invest money that you can not afford to lose and obviously a "loan" is money that you don't even own let alone be able to afford losing it!
so the answer is obviously no. of course there are people who are doing it but at the same time there are people who are gambling their money in Atlantic City every day in the millions. that doesn't make it right.
620  Bitcoin / Bitcoin Discussion / Re: Indian Banks Closing A/cs of Customers Who Buy BTC on: January 14, 2019, 08:20:45 AM
Their government is showing that they are a backwards thinking bunch of no-hopers that will never bring their country to prosperity and help all the poor people of India. Hopefully they will find their own way and buy bitcoin

No, you are wrong. They are doing this to protect their local reserve currency, because they know with all the corruption in their government, they can manipulate the value of their local currency, which they cannot do with Bitcoin.

The Banks and the governments are working together to stall Crypto currency adoption in India, because they are in bed together with this corruption.

Bitcoin is borderless and unstoppable, so they will win a small battle, but not the war. Wink

exactly! they have only made it difficult for the average Joes to buy bitcoin otherwise it is still possible and it is still ongoing. ever since their Reserve Bank started putting up roadblocks the trading volume on P2P trading platforms coming from India saw a big surge and it has been growing ever since. which proves that people never stopped buying bitcoin over there.

and if you look back, something very interesting was also going on! they were buying bitcoin at a much higher price. for example when price was $1200 last year they were buying it at $2000+ happily
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 [31] 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 ... 286 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!