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4821  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: May 07, 2017, 07:06:26 AM
If the politicians enters in the world of bitcoin, I think there is a chances that bitcoin can lead to corruption. Even there's a chance the corruption of bitcoin, it will never be happen anymore because developer would not want it to happen because they know that bitcoin corruption can lead the bitcoiners to quit using bitcoin.
Anyone criminals or corrupt if they already know the anonymous and decentralized advantages of bitcoin. They will surely make use of it for illegal activities. Such as money laundering

Bitcoin is basically pseudo-anonymous, it's not entirely anonymous that people once send their money in form of bitcoin will erase the trace of the money. Bitcoin can be traced by just using some sort of blockchain explorer, and worse, the transaction history of an address will be kept forever, it's impossible to be deleted unless the whole bitcoin destroyed. And honestly, in my opinion, when a government or organisation is starting to use bitcoin, they'll be more transparent, every transaction can be monitored easily through every place.
4822  Economy / Economics / Re: how i start a bussines with BTC on: May 07, 2017, 06:44:45 AM
A business plan is the most important thing to begin with. You need to survey the market and evaluate if starting a business is worth the time and investing money.
Usually in a spot where a normal business would have succeeded a Bitcoin business will too. So, if you are a painter and know people, who would buy your paintings, start offering them for Bitcoins and boom, you have a Bitcoin business.
yes no doubt that business plan is too much important but i think that additional with that you need to have some good experience and skill in trading if you do not have such experience in trading then you cannot show good result in trading.
Who said OP is going to make a trade? he wants to start a business and bitcoin-based, probably he'll more likely to implement bitcoin in his business, if you're assuming that by mentioning business with BTC is the same as trading, you've gone wrong.
I couldn't agree more that planning is a really necessary thing but also you may aware of other factors which more likely to make your business success. Think about how your business could help people and providing people such services which make their life easier, and they'll come.
4823  Economy / Exchanges / Re: Bitcoin credit card? on: May 07, 2017, 06:22:25 AM
There are no trusted bitcoin credit cards as of now as the merchants may risk their money is the user does not pays back the bitcoins.
Maybe till such a service is available you may stick to using debit cards that need to load up the balance before hand.
btw, I use spectrocoin debit card.
Actually, when someone uses their credit card to buy stuff and make a payment for the merchant, the merchant itself will receive full payment because all is already paid by the bank and the credit card owner will be charged in form of credit periodically. Therefore, the merchants are risk-free, the one which will burden the risk of the uncomplete bill is the bank.
4824  Economy / Speculation / Re: Prediction - $1500 in 30 days - What do you think? on: May 06, 2017, 04:04:37 AM
The prices currently are doing too good; it is making hope for those who have expectations from the BTC. The prices will continue to rise with a least chance of coming down in the end of May. The BTC have the potential to grow more in the current month and even afterwards and I guess before end of this month we may have $2000 levels tested. The people who are holding the BTC are the lucky ones  Cheesy
We will see how far bitcoin could reach before correction happen, after 15th May when ETF review by SEC done and another rejection as the result may cause panic sell and bitcoin price fall down below $1200 again but how if ETF get approval? $2000 will be achieved within this month I think.

I think so. The panic sell factor is probably teh single most important factor that you can take into consideration.If the ETF gets rejected again there is definitely a chance that people are going to panic and sell their bitcoins but I don't think there is a high probability of that happening because we're pretty much used to getting bitcoin rejected by the ETF.

The first Winklevoss twins ETF was the most hyped, whilst afterwards, nobody gave a damn.

Still though, I think adjustment in price is coming soon.
The price correction is obvious, just with basic math and logic people will know it indeed, there's no need of waiting till ETF gets rejected again because after it surpasses $1500 people will seem to feel it's already over the targets they were aimed, so, be ready for price correction in the coming time.
4825  Economy / Trading Discussion / Re: Are You Disappointed In Trading? on: May 06, 2017, 03:56:48 AM
Yes, a lot of times I'm disappointed in trading because my predictions are quite accurate but when the market has big fluctuations, it makes my psychological panic selling. I know there is always risk in trading and the greater the risk will earn the greater the profits but the fear of losing money always makes me fail, maybe I'm not the right person for the trade. In the near future, I think I should give up trading and look for a more suitable job

Yeah I also experienced the same thing, and often feel disappointed after selling too fast, and after a few minutes the price keeps increasing. Until now I always feel hesitate to start trading again, so I only trade if there are friends who guide.
You just feel disappointed even if you've made a profit just because the price keeps increasing, honestly for me, that just doesn't make sense, maybe you just too worried about not having the maximum profit but as long as you can make profit even if it's just small, you must be grateful, it's a nature for human to always feels unsatisfied after achieving something great and expect more, but, it's really no use.
And this is why professional traders often trade without emotion that they'll not feel this kind of unreasonable disappointment and seek for another chance instead.
4826  Economy / Economics / Re: BITCOIN ATM MACHINES on: May 06, 2017, 03:47:59 AM
In my country there are two bitcoin atm's. One of them is a two way machine, that is, fiat to crypto and vice versa. It's a convenient way but is very expensive for frequent usage. Does anyone is happy paying a rate kraken+7%.
Well, people in need of bitcoin or fiat and want to exchange it with the convenient way as you mentioned may not thinking twice because it's kinda emergency situation if there's a way they'll seem to use the another.
Paying Kraken's rate +7% is really expensive indeed, but, it's not a big problem as long as you can get either bitcoin or fiat withing few minutes.
4827  Bitcoin / Bitcoin Discussion / Re: $0.85 transaction fee is absolutely ridiculous! on: May 06, 2017, 03:40:55 AM
Am I the only one realizing that ~$1 fee to make a transaction is absolutely insane and defeats one of the core benefits of using bitcoin for daily transactions.

This is getting insane and is completely uncalled for, or am I wrong?
It's inevitable since bitcoin has reached new ATH this week and so many people attracted to buy and sell their bitcoin which caused flood transactions to blockchain. Over 140K unconfirmed transaction is a new ATH as well, since people in hurry to get their transaction to be confirmed, higher fees make it possible but I do agree it is so expensive, so it's better not to move my bitcoin anywhere at this point.
You may probably miss the train of pumps, you just let your bitcoin stay in your wallet without doing anything whereas bitcoin's price now is at its peak in my opinion. There's reason why the unconfirmed transactions are rapidly increasing because those people thinking to make a profit out of this chance, swimming against wave will bring only lost.
4828  Bitcoin / Bitcoin Discussion / Re: Why only now many countries recognize bitcoin as a virtual currency? on: May 06, 2017, 01:48:23 AM
I think it's what they called " FOMO" or fear of missing out. That's what japan felt when everbody else or large countries are already adapting this new kind of digital currencies. Japan is one of countries that has the most advanced technologies and it's really ironic if they're that last to adapt. Then the neighbor countries will comes after next.
At least, they're now have recognised bitcoin, it's far better than nothing and if japan don't want to, it doesn't really affect their economy because bitcoin basically just additional thing for them and not that important, and I agree, japan's neighbour will seem to figure out the benefits of accepting bitcoins and follow the train voluntarily, just hope so.
4829  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you see alts have chances against Bitcoins? on: May 05, 2017, 09:43:17 AM
Alts like Ether that provide a true value to the market, have a chance at competing with BTC, but more importantly, the alt market as a whole is already thriving. BTC dominance is getting lower over time, the current rise has slightly stopped that, but over time it will likely continue. BTC will most likely remain the top crypto, but a lot is happening in the space.
I do not believe that it will happen that any other coin like Ether will come and will replace of threat bitcoin as these coins do not have that much ability to compete bitcoin as they themselves are in the way to proof their ability which is not yet as people still doubt on the ability of other coins while in case of bitcoin everyone believe on it hat yes this coin is getting the success and will not be able to drop down in the future as many companies are coming and are adopting bitcoin as their currency for their clients.

You may have a point but remember Eth has several contracts under its banner. This tokens may increase its value over time and possibly surpassed bitcoin in their accumulated total but its only an opinion. Bitcoin is already establish and it becomes already a de facto cryptocurrency where most altcoins in trading is pair to btc.
Everything is possible and so does altcoin overtaking the place of bitcoin and be number 1 leading all cryptos, just see how btc dominance changes drastically in recent time, If I recall, bitcoin dominance towards altcoin a year ago was above 70% but now it's only 56.5% (source http://coinmarketcap.com/). it's a clear sign that altcoins are now attracts more attention that many investors are now starting to invest into altcoin and be ready to grow up their wealth. Everything will have its end.
4830  Bitcoin / Bitcoin Discussion / Re: What if, we advertise bitcoin on T.V.? on: May 05, 2017, 09:31:42 AM
There's no need of it. And just imagine if we do, where the funds will be gathered from? If it's from the bitcoin community which is here, I don't think it'll success, some people may not give a shit regarding of this plan, they just care about making profit, and if it's a company, I'm sure they'll more likely to advertise their own company as the main thing presented to the audience instead of bitcoin itself.
4831  Bitcoin / Bitcoin Discussion / Re: something we can all be happy about on: May 05, 2017, 05:50:05 AM
Well, this is actually sad, because it means I can't pick up coins at a cheap price...
I feel the same way and its really sad we cant purchase them already on a lower price.I did engage most of them but sell off on a cheaper price but still okay after all as long I do have the profits. LTC is moving now with 1B marketcap which indicates its potential and also to ZEC I thought it was dead already but now its included on top coins.Holy cow
It's mean you just missed the trains, there were many of coins getting dumped hard after the increase of bitcoin price a week ago and it's really the right time to buy but, who knows if something will go this way as usually when the price of bitcoin is just pumped, the price of altcoins dumped hard at the same time until bitcoin is stable or dumped. Well, luckily I'm currently holding large amounts of altcoins listed above  Grin .
4832  Economy / Exchanges / Re: Bitcoin credit card? on: May 05, 2017, 05:30:28 AM
Here's the link of 2017 Bitcoin Debit Cards Review: https://bitcointalk.org/index.php?topic=1410577.0
You can decide yourself which one you think to suit you well and pick it up, There's also some bitcoin debit card issuers which are recently released its service and haven't mentioned in the sites, but yeah, pick the well-known issuers I recommend.

Well, those are debit cards. I want a credit card.
Sorry for my mistake.
But, I'm afraid bitcoin credit card is not available, it's clear that for the legal bank to approve the application of credit card issuance is kinda strictly selective and as the problem have been mentioned by Emoclaw which possibly occur and there's no way a company could handle this and the company (if do exists) will seem to set requirement as strict as bank. But well, let's hope some guys come up with this information.
4833  Bitcoin / Bitcoin Discussion / Re: Transactions now take ages to confirm? on: May 05, 2017, 04:30:00 AM
Use https://www.viabtc.com/tools/txaccelerator/
And put your transaction id there to get confirmation faster if you like. But this doesn't ensure your transaction will be confirmed soon, you have to wait till viabtc will mine next block.
That tool actually doesn't really help that much, it's always full and when people are in the emergence of waiting for the confirmation and currently having the bills which are timed, then the tool will be useless.
The only way is to set up a fee and above current recommendation so it'll be included in the block ASAP overtaking the rest which has below fees.
4834  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: May 04, 2017, 11:15:26 PM
all country want reputation her country money. her own policies that use or disuse. but i guess  as soon as accept btc her own currency because btc give good profit.
For who? not for the government I guess, In my opinion, is that giving up the whole economy for bitcoin by simply allowing bitcoin to be the main currency is a disaster for the country, it's ain't making a profit or miracle shit. People want freedom but government need to make and use the rules to keep the country, giving freedom without limit to their citizens is as the same as destroying the whole country. And I'm sure, everything is better with regulation and law.
4835  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a source of income? on: May 04, 2017, 11:05:41 PM
Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs

Is there something like this, is there any special tips because i want to focus but not yet dare?


If you really want to focus in bitcoin and you are willing and ready to leave your job, think about it again hundred times. Why you need to leave on your current job if you are being treated well there but if not, go. It's up to you if you really want to depend in bitcoin but I can say that the more source you've got the better.
I agree with you, but if he stay focused in his real job and also in bitcoin in the same time, it was better than leaving his own job. By the way, I think bitcoin is an awesome source of income because this cryptocurrency grow by the time. I mean the price here. this positive voltilty can increase your payment in the future.
Leaving something which is certain for something uncertain is plain stupid unless you really know what you're doing or you just getting really bored by your job. Bitcoin is not something absolute that could really make you always earn.
Considering bitcoin as a side job is right but never think of leaving your current job for the sake of bitcoin or any crypto coin.
4836  Economy / Economics / Re: Big Reasons Why Many Families Are Feeling Extreme Financial Stress on: May 04, 2017, 01:16:30 PM
These days the living expenses were quite high around the world due to globalisation. The price hike has been found high for life requirements, at the same the income hasn't increased much. The taxes too have made a big loss for the earning community.
That's right, people need to work harder and spend the large portion of their times for working for the sake of fulfilling their daily expenses. As I've seen, for now, families with middle to low income have to work really hard and even make them too tired, some people might say that to be a rich person, you'll need to work really hard but this is actually wrong, people just don't only need to work hard but use their brain to make their income bigger. That's all the negative effects of globalisation and of course, there's existed the positive effects of globalisation.
4837  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][QAU] QUANTUM PROJECT - Connecting markets on: May 04, 2017, 01:05:42 PM
I want to know if bitcointalk is the only place where you guys are advertising in order for people to purchase your ICO, I believe the facebook and twitter platform will be a very good place to advertise.
Indeed, not only signature campaign but having a social media campaign would be a great idea. Having these 2 kind of campaign will be helpful when it comes on attracting more investors.
Anyway, i think this campaign will be successful. I hope this quantum currency will become one of the most popular altcoin. Wishing for your success! Goodluck!
Really, if only the team could manage to get rid of the spammers in social media it'll be really nice, otherwise, if it seems to heavy due to the difficulties of distinguishing those spammy accounts, then, it's better no.
I think people will not expect mass huge dump against their invested coin occur and what make this happen is the spammy accounts which are basically made for gathering bounties.
4838  Bitcoin / Bitcoin Discussion / Re: With the price increase, again, should we consider moving from BTC to mBTC? on: May 04, 2017, 12:20:24 PM
there is no moving towards something in bitcoin, you are free to set mbtc in the client and view everythign with that prefix, to be honest i like all the zero behind, it make the thing clear and less confusing

mbtc some time can be confused with microbtc for example, i see many newbie that didn't know how many coin they had with the prefix
That's right, even I've found out some people who assuming mbtc is the same as btc while they're earning from some sort of faucets. And especially, when the mbtc unit still contains zero behind it, it'll be more confusing than using ordinary btc unit.
Though, it's up to people but, for universal platform and bitcoin-based, I'd highly recommend using btc unit instead of mbtc.
4839  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: May 04, 2017, 12:10:55 PM
The only difference that i can see on bitcoin versus the real money is being physical and virtual. Bitcoin is only digital money and the real money is physical which we are currently using right now. Another difference that i can see is in supply where bitcoin has a limited supply while real money has an unlimited.

Exactly, one more factor you missed when it comes to value bitcoin has the highest value when compared with real money. So many people bothering about whether bitcoin will stay for long to make most of it. Real money is being and act like crap many people are creating fake currency and whereas with bitcoin it is not possible.
Some say bitcoin is like gold 2.0, it's a digital currency, but really precious, its value significantly increasing recently and it proves that statement, whereas real money always is made every day and thus make the deflation towards the paper money and bitcoin still stay on its limited amount and will never be changed forever. That makes bitcoin is limited even if it has flexibility which could be torn apart to suit the money but by the time, because of that the price will always increase.
4840  Bitcoin / Bitcoin Discussion / Re: What makes the bitcoin price stronger in the market? on: May 03, 2017, 12:16:49 PM
One way to make bitcoin as a means of payment is to use bitcoin in everyday life. Currently bitcoin prices have increased significantly. What we do is to continue constantly using bitcoins. This can make bitcoin prices continue to increase.

I think its price is not increased by the usage, it is completely based on the market where people are holding bitcoin. I don't know exactly why people are showing much interest towards bitcoin.
Basically for investment, maybe they just got interested because they've read so many experiences on the internet regarding the advantage of investing bitcoin and some people have proven them to be the success by being early birds and catch bitcoin while the price's still low and sell it when the price just at its peak. They want to repeat the same things and hope that it'll happen to them but unfortunately, the chances to be that success is pretty low, so they just waiting for it to come instead.
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