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4761  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins in 2020 on: May 29, 2017, 05:52:09 AM
Is this a question in general on how many altcoins will exist come 2020, are alive at 2020 or if bitcoin suffers a major attack or a flaw surfaces killing it and all alts "Temporarily till a patch is released & applied" ?

i think altcoin will still exist in 2020 or more because for every month, there are many ICO that have been release which offering the best project for the investor and if the projects is really good, then the project can continue and getting placed into the market. so no matter how, altcoin will be exist in 2020 as long as bitcoin is used by the people.

But how many are dead now ? Thousands were made in 2014 alone and only a handful from then still live to this day, same year after year.
Natural selection at its finest. The useless coin will be dead overtime and the useful ones will remain. A few years ago, altcoins often made for a joke and can't survive for a long time, as you can see the result now.
I can say that, alongside with mass coin delisting on popular exchanges, the total amount of dead altcoin far surpasses the total amount surviving coin.
4762  Economy / Trading Discussion / Re: Do you trade at multiple exchanges? on: May 29, 2017, 05:21:44 AM
Know what this is about, and as the man above said, it's called arbitrage.  Get familiar with that word.

I don't do this, personally.  Bitcoin fees and confirmation times would seem to make it impractical.  But I certainly agree that the potential for profit is there.  I'm just not sure how many people actually make money doing it with bitcoin or if it's even possible.
Talking about arbitrage and its connection with the transfer's fee which often people worrying about. It's all always depends on your capital at the end. The majority of exchanges are now using 0.001 BTC as fixed charge for miners' fee, which means, it doesn't matter how big your transactions size are, the amount charged for a fee is fixed. Therefore, if you're trading with rather big capital like 2 BTC or above, it'll not  hurt you, just keep in mind that the price margin is pretty big that could cover up anything. Though, I've figured out the price margin between international exchange is rather big that 0.001 BTC is not going to hurt you that much.
4763  Economy / Speculation / Re: Danm ! What the f*ck is Hapening ? on: May 29, 2017, 04:25:09 AM
Bro just buy bitcoin when it goin down how much it can and sell it when it is goin up.Dont worry that is normal ,bitcoin will not die soon,maybe after 100 years but bitcoin is now very important for all of us.
Talking is easy but not when doing the activity. You say buying when it's down and sell when it's up like some kind of predictable activity but it's actually all wrong. The main problem is when we can sell or buy the specific coin since the price could crazily increase even after you've sold some of them or the price could just drastically dumped even after you buy some of them.
Yeah, Bitcoin is not going to die soon but the problem is that if the price going the opposite of what we've predicted. we lose money. The bitcoin is not going to die, but the traders will have the burden of losing after all.
4764  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][SNC] SunContract - Decentralized Energy Market on: May 29, 2017, 01:52:57 AM
Glad to see a project that finally provides alternate energy for the world through the decentralised market with blockchain system. It'll sure attract many interests and make the world better. We're now tired of unrenewable energy sources that result in many disadvantages and the awesome project is right here.

There's his linkedin profile but it would be really better if the escrow will be a respected member of this forum since the promotion is going on here. It would also be better if that guy confirms that he's actually holding funds for escrow since people can just randomly pick someone from Linkedin and then say that the guy is holding the funds. Just my suggestions, though.
Multi-signature escrow would be a great idea for additional security and increase the trusts from the community, however, if the following person has met the requirement of being a good escrow and trustable, there's not going to be a problem. The community itself will make an examination.
4765  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: May 29, 2017, 01:36:51 AM
cant say if it can improve economy , but it can destroy the economy , as bitcoin is anonymous it is difficult for government to control the money flow and get tax from that
I think there will be a way to give tax to bitcoin users, maybe by bitcoin bank? It might be done. But I'm not sure bitcoin users will want to use it

Saying bitcoin bank where bitcoin is basically created in order to make the decentralised financial system just doesn't make sense. If the government themselves want to tax the bitcoin users, the users need to make a letter of recognition in regard to their real amount of wealth, of course, there's always exists some possibilities that the target of taxation's real amount of wealth could be faked.
Rest assured that there will be no silly bitcoin bank.
4766  Economy / Economics / Re: bitcoin atm on: May 29, 2017, 01:18:41 AM
I have an ATM in the city I live in. However, my friends who use ATMs say they pay a lot of fees, and I have to ask them for sanity? But when I searched for a bit, the gore was between 5% and 10%, which is a high rate.
Really normal thing seeing that ATM requires electricity, places, and so on. Basically, ATMs are available just to make the transaction of either converting money to bitcoin or vice versa a lot easier, regardless of the overwhelming high fee which every transaction requires.
Though, If you have a good connection and internet banking, why did you go to the ATM for no reason? just simply go to your local exchanges' website and buy bitcoin there.
4767  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin overcome Paypal? on: May 29, 2017, 12:29:15 AM
I.don't think bitcoin will overcome PayPal, these are two different things and they don't have the same purpose. PayPal is money service and bitcoin is virtual currency, so in fact they are not competition. And having in mind current fees it seams that PayPal has the better conditions at the moment.
These two have (at least) the same function that makes both still comparable. Bitcoin have its feature to send money worldwide, so does with PayPal. and if there's a question such "Will Bitcoin overcome PayPal?", it's basically asking about people's speculation in regard to specific feature with the same function which Paypal and Bitcoin have. It does make sense after all. If you're still saying that these are two different things, it's right, but, you actually don't get the real meaning of the question.
4768  Bitcoin / Bitcoin Discussion / Re: Japanese Airlines to accept bitcoins soon on: May 29, 2017, 12:21:58 AM
The more adoption the better, it will be a real life test for bitcoin technology. Skeptics will always cry that there are too many potential exploits going to happen.
I wonder how many people tried to scam with double spend with bitcoin payments in Japan - I didn't hear nothing about it, guess it is not a problem at all.
Just my random guess. There's no way someone could make double spend if they're paying for the ticket in the airport, they just have a small amount of time and to do the double spend, there are some requirements need to be done. Otherwise, if online payment is available, the airport themselves could simply enable 1 confirmation as a requirement. Things like double-spend will be solved immediately.
and one more thing, you did never hear any double spend cases because no one is going to leak the cases to the public just for the sake of few dollar or yen.
4769  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Monaco Card Bounty Program - Earn Reward For your Support on: May 28, 2017, 07:02:35 AM
Leaving the campaign. Thanks  Smiley

Regards,
4770  Economy / Services / Re: SunContract Signature & Avatar Campaign on: May 28, 2017, 12:31:59 AM
Btctalk name : aubert
Rank : Hero Member
Current post count : 3138
BTC Address : 1MoneyFC14PsbJGd8okHzXbLE161kUWBoZ
Wear appropriate signature & Avatar :Yes
4771  Bitcoin / Bitcoin Discussion / Re: Would you buy Bitcoin now with hard cash? on: May 26, 2017, 11:17:57 PM
Would you buy Bitcoin now with hard cash since the price or value increases daily, or you just going to earn it through mining, faucets, social media and signature campaigns?

No. It's not the right time to buy bitcoins now when the price is fluctuating daily by $300 and any amount above $2000 is not the right price to pay for 1 BTC. BTC's value is anywhere between $800-$1000 and a price paid above this amount can incur huge losses . Especially after this huge bubble that happened last month, we cannot guarantee that bitcoins would be consistent at $2000 too. It can just drop any minute and hence selling it for cash would be worth it.
but to me i think it is still good time to buy bitcoin. because the price now trading a little low as compare to previous days when it touches 2700 USD, as there are still good potential in the price of bitcoin and therefore the price of bitcoin can still go more and more high so it is good opportunity to buy bitcoin and make some profit.
Potential is always there, the movement of a crypto coin is rather unpredictable if you compare with some of the fiats and it's far volatile. The current crash may indicate that bitcoin have its price correction and there are so many chances that the price will be increasing within next week or months.
Did you see how bitcoin's price increasing significantly just within a month time span? Looking from that, bitcoin has the potential that some people may not see.
4772  Economy / Speculation / Re: We're reaching $3,000 soon! on: May 26, 2017, 11:11:27 PM
At this pace BTC will hit $5,000 until the end of the year! Every BTC holder must know this: you will own a fortune in a few years!

Is $10,000 reachable? I guess it's clear that it is!  (2-3 years)

Is $25,000 reachable? Why not!   (5-10 years)

Is $50,000 reachable? Harder but not impossible!  (>10 years)


Its a bit dropped now again but if you keep some coins in a vault and leave it there for the next 10/20 years. You wont regrad it
Regrets or not is relative. It still matters about the time whether bitcoin keeps on holding its value on this amazing price or become obsolete by the time being and replaced by another digital currency.
10-20 years is a long time to go and there's no way to save up in form of bitcoin while most professional out there consider bitcoin as a short-term investment, unlike gold in which price always increasing steadily alongside with the increase of years.
4773  Economy / Trading Discussion / Re: How long does a trade take? on: May 24, 2017, 09:55:04 AM
Depends on how good your skill and how experienced you are with trading, if you got a good skill then you can earn in a day, but sometimes you need more than a month before you can earn profit, the most important to know what coins to buy and to trade
Nah, skill is another factor, the only real factor that determines how long a trade could last is the market itself. The pump and dump are decided by the market. Even if you're kind of skilled trader who always got high profit but if the market is pretty stable and rarely have movements, it seems that your trade will take forever.
And in my opinion, different coin have a different time to pump and dump, most of it uncertain though.
4774  Bitcoin / Bitcoin Discussion / Re: Japanese Airlines to accept bitcoins soon on: May 24, 2017, 09:39:45 AM
Out of curiosity, how about the confirmation which needs to arrive? Is it just accepting zero-confirmation just like some bitcoin payment gateway do?. The average confirmation needs about 15 minutes to arrive and probably some people still have some time to wait for it until the plane's landing, but, how if the fee is just not enough and the transaction get stuck?.
4775  Economy / Economics / Re: Smart Passive Income on: May 24, 2017, 07:57:37 AM
Lots of freebies and other cool stuff that will keep people coming back will lead to more advertisers on your project site. Try to make it a one-stop site for many things and make it as versatile as possible. The hardwork that you’d put in, if executed correctly, will handsomely reward you with passive income once the advertisers start coming in.
The thing is that freebies often don't last long because basically human's nature always wants something for free and therefore so many people are hunting these freebies which result to mass claiming and the stuff just gone.
And the traffic which comes from this keywords often don't have qualities, most of them use VPN and come from third world country. The people from first world country don't give a shit because they could just spend their money on this stuff because it's practically cheap or simply hire people to claim.
4776  Bitcoin / Bitcoin Discussion / Re: Perceptions about Bitcoin on: May 24, 2017, 06:50:53 AM
I think if negative news circulating about bitcoin alone does not eliminate reputation of bitcoin itself, because indirectly the popularity of bitcoin will increase and widely known to the public, because in general bad news will spread faster and interest of curiosity from the community than good news Sometimes get usual response
But may affect the regulations or acceptance of government towards bitcoin but well it's fine, as long as the price keeps on increasing there's nothing to worry supposedly until further information from the local governments of whether they will accept or refuse, it'll then affect the price of bitcoin, only if the government is the one which rule developed country though.
4777  Economy / Speculation / Re: BTC 2500$ / $3000 ? on: May 23, 2017, 07:29:52 AM
Bitcoin has become so unpredictable that it's silly at this point to try to predict $2500, $3000, whatever.  I said "not this year" in the poll, but I don't have any idea.  I would not have predicted $2100 within a month, and yet we hit that and more.  So $3000 by year's end?  Yeah, could happen. 

I worry about going up too fast however.  If we hit $3000 in a few months, that's one hell of a run and I'm not so sure we could keep that gain.
Actually a bit worried of price correction, it may occur and the price will be dumped so hard or else it'll never happen, actually pretty disappointed of this price increase because currently saving up my money in form of altcoin and all of these have affected by the price increase, and the result, price dump.
Predicting the price of bitcoin is just now becoming nonsense because bitcoin has proven itself to increase from $1000 - $2100 within a short amount of time, a few years ago, people say that it's stupid to say that bitcoin will eventually reach above $1500 but now it really makes sense.
4778  Economy / Economics / Re: Is trading just educated guessing? on: May 23, 2017, 07:20:34 AM
Can you really be sure you will profit unless you have insider info?
Trading is not about guessing is about analyzing the market price of a certain coin to invest with. Because the trading is all about that you need a information first for you not to blind trade because blind trading is the reason why many traders are losing.
There's no obvious fact of whether the price will increase or decrease, the information which you obtain from your analyzation itself is actually exists to help you make your guessing so it can be called educated guessing supposedly.
And keep in mind that sometimes an information could get you wrong, something there's an information popping out telling that it's a sign of price pumping but thing happens the opposite, It's from my very own perspective based on my experience. Though people may find it out different so it's up to whom to consider.
4779  Bitcoin / Bitcoin Discussion / Re: What is faster transaction Bitcoin or Ethereum ? on: May 23, 2017, 07:12:30 AM
ofcourse ETH is faster but ETH has also half of the transaction per day than bitcoin, not sayign that they ar enot handling better the nuber of transactions per day, but still this is something to look around when making a comparison

also etheruem has not block limit like bitcoin, its fuction is different, there is another kind of limit there related to contract called gas limit
ETH just not yet facing the scalability issue just like bitcoin so it'll eventually as slow as bitcoin when many people use it and the amount of transaction going on the increase as much as bitcoin, alongside with the fee, just like what you mentioned.
And also, most of the exchanges require many confirmations if from ETH's blockchain and it's also something to be thinking about.
4780  Bitcoin / Bitcoin Discussion / Re: How do you convince people into you using Bitcoin? on: May 23, 2017, 01:14:57 AM
I showed them my bitcoin balance in my wallet and how I am earning it and also showed them how easily they can convert bitcoins to real money and after watching it most of the people around me have shown interest in bitcoins and now have started to research on it.

Todays btc value impresses everyone so even they scared or worry to take risk they still joined since a lot were proving how btc helps and really work truthfully.

Yes the price of bitcoin is the key factor in attracting people towards it as when they came to know that price of one btc is equal to usd 2000 that made them start to think about bitcoins and looking at the price volatility they are also aware that they can make good profits from it if they start investing in it now.
The price is not the right factor of why people are attracted to use or invest in bitcoin but its volatility, the price just overwhelmingly reached an unusual state of 2000 USD within a year and it's really a good thing especially for those who seek good investment for a short term. Any other investment such as property or gold are steadily increasing but slow, if someone wants to grow their wealth within the short time span, bitcoin is the right choice and that's why people get attracted.
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