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May 04, 2024, 04:55:56 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1301  Economy / Economics / Re: Dont believe on sale on: May 20, 2019, 06:28:31 PM
I totally agree with you. Most of the time, we're like blindfolded with the truth because we're deceived by the trend. We focus on what's in and sometimes don't do our own research and just listen to what other people are buying. Sometimes, the trend could confuse us. Even with crypto, negative things and fake news could mislead us so we should not follow the trend because it will just confuse us.
1302  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not money on: May 20, 2019, 04:52:44 PM
If Bitcoin is just artwork, it shouldn't have multiple functions. Bitcoin is digital money that we couldn't hold physically but we can use it as an investment and a mode of payment so it's really multifunctional. I guess you still need to know how bitcoin works so you will be able to recognize that it's a currency and money.
1303  Bitcoin / Bitcoin Discussion / Re: What can we buy with one BTC? And is buying something with BTC worth it? on: May 20, 2019, 10:42:23 AM
There are a lot of merchants that accepts bitcoin as payment. However, in some countries only selected few accepts bitcoin as payment. I haven't directly used bitcoin to purchase food, gadgets, pay bills and services, etc. However, the money that I have used to pay and buy fpr the things that I have mentioned above were from bitcoin. Let's just hope that as time goes by bitcoin will be fully accepted as an alternative payment method and serve as how it was intended to be used, not just a mere investment tool.
1304  Economy / Speculation / Re: Bitcoin Price - Is $11,000 Next? on: May 20, 2019, 06:14:21 AM
A lot of people had been expecting bitcoin to touch 10k+ before the year ends. So, I guess with the recent news, updates and speculations in regards to the market, it is not far from happening. The bull-market might just be sitting in the corner. Let's hope the bull-run will happen soon.
1305  Other / Off-topic / Re: Favorite Bitcoin exchange? on: May 20, 2019, 05:54:15 AM
This is the first time I heard of Gemini. Before the hack I personally like binance since it's one of the exchange with high daily volume. I am not sure what changes will be made in binance security after the recent event, they might get tighter and KYC might become mandatory for accounts. Most people are always after scalability and convenience and not to mention security when looking for exchange. However, I think no centralized exchange is secured. Just never leave finds inside a platform.
1306  Bitcoin / Bitcoin Discussion / Re: best wallet for multiple transactions and api on: May 20, 2019, 05:39:35 AM
lately coinbase has been charging very high fees for sending bitcoin.

if the increase in fees is your only reason for looking for alternative, then it is not Coinbase that is charging higher fees, it is the bitcoin transaction fees that has gone up itself and any other method that you use, you should still pay an increased fee compared to before.

i don't think network fee is a big issue i know btc network fees has gone up but coinbase always charges alot higher than  usual

Why don't you try to use a hardware wallet in storing your btc. You can set the speed of transaction there, thus you can choose what fee are you willing to pay. The fee for each transaction gone up because the price had pumped. I used coinbase before, but, the fees are really killing me. That is why I used coins.ph (hosted web-wallet in Phil.) for my day to day transaction and hard wallet to secure some of my crypto.
1307  Economy / Digital goods / Re: Gambling Domain Names for your Betting Sites on: May 20, 2019, 03:35:28 AM
It's a good thing that you're offering domain names which is unusual. It's actually one of every gambling starters' struggle. I guess it's better if you would include the prices and the exact information to purchase it. The gambling names that you're offering is a good start and it will surely attract more gamblers.
1308  Economy / Gambling discussion / Re: Gambling Addiction Stories and Possible Solutions on: May 19, 2019, 05:32:22 PM
Gambling addiction is a serious problem. It can ruin your life and take away everything from you,  money, property, career, etc. It's a difficult problem gamblers can face. Some people ends up bankrupt and with debt but still urges to gamble. Take note, no matter how hard other people helps you with gambling problem, the initiative must start with your self.
1309  Economy / Exchanges / Re: HitBTC the next exchange to become insolvent customers not able to withdraw fund on: May 19, 2019, 05:12:28 PM
I think it is unfair since as what have been posted on the article the KYC requirement on their TOS was just recently added and old-users was not notified by those changes. They should've just put a period of time for people who would not want to undergo KYC to get their funds out before freezing the account. Hitbtc is used by most traders due to their no kyc procedure platform. I guess only few well-known exchange have no kyc-procedure.
1310  Bitcoin / Bitcoin Discussion / Re: Is loss of bitcoin.com a setback for Bitcoin Core? on: May 19, 2019, 04:56:01 PM
I'm quite familiar with the crypto world and can differentiate things. But I also look for things in internet.
If you do a google search with bitcoin, bitcoin.com comes in the second place. And most people also has a habit of looking for topic.com which leads to bitcoin.com. But the site bitcoin.com in many instances refers Bitcoincash as Bitcoin while they call the longest chain of Bitcoin as Bitcoin Core. This way they are presenting bitcoincash as the real bitcoin. And the more you see lie, the more it looks real.

This is an old issue and it won't end.Roger Ver owns bitcoin.com and he won't sell it to some bitcoin core supporter.Many newbies will fall victims of this misleading scam, if they don't do enough research about the topic.I thinking about a way to shut down bitcoin.com,but this can be only temporary.

i am not 'cash' camp nor core camp. as i think no one should own 'bitcoin' but if you take 5 steps back away from the social drama and ask yourself this.. you may see that things are not scammy. but just social drama provocations

if you have $10k.
if you 'accidentally' bought bch, you would get 24.3 coin
if you 'accidentally' bought btc, you would get 1.26 coin

when realising the mistake of not understanding which community/nation you bought into. you could just convert one into the other and be equal.

the only time there would be a scam is if they were selling bch where you would only get 1.26bch per $10k right now. which is not the case

Agree, to this. However the problem is the mis leading information that newbies will get if they will use google to define bitcoin and to directly define bch as the real bitcoin. Since I had started to know about bitcoin there was only bitcoin core. Newbies must just be cautious and verify thru other sources about the information they get from google.
1311  Alternate cryptocurrencies / Altcoin Discussion / Re: Reasons why ICOs fail on: May 19, 2019, 04:35:18 PM
Most ICOs died because of distrust. Most ICOs failed to deliver their product and services and majority were scam. They had taken a lot of money from investors and now investors are skeptical to invest in ICOs.
1312  Alternate cryptocurrencies / Altcoin Discussion / Re: should hold or sold BNB ? on: May 19, 2019, 03:58:03 PM
I doubt if there will be an effect on BNB price after the hack. Binance had taken fast action and secured all funds on the recent attack. There are also IEO projects coming up in binance. Do not listen to humors, not unless there is a solid basis.
1313  Bitcoin / Bitcoin Discussion / Re: Crypto Expertise Ideas- $100,000,000 into bitcoin for 10 months :) on: May 19, 2019, 03:49:18 PM
That is a huge amount of money, and I think the best way is to buy chunks of bitcoin whenever the price drops back a little. 10 months is a long time and the market will drop at some point even if the market is recovering in a slow manner.

Honestly, only whales can give you a good answer regarding this. Trading a huge amount of money intended to push the market up for 10 months is not done by normal traders.
1314  Economy / Gambling discussion / Re: To bust Casino? Blackjack, myths and reality on: May 19, 2019, 03:25:08 PM
Quote
So, the conclusion here is “there are no long-term winning strategies out there”. No matter “common” or “individual”

Agree to this, casino is created as a form of entertainment. But, the problem is people are greedy and sometimes they get addicted easily in gambling. Gambling also depends on luck, the longer you play gambling the more money you lose. In the end, it is always the house that wins. Just moderate gambling and quit as early as you can.
1315  Economy / Economics / Re: Should exchanges ban margin trading and adopt Dividends/Interest based on time on: May 19, 2019, 03:07:26 PM
Well, I guess you're right but I don't think they should ban margin trading either. Fact is that, the exchange is doing anything to make profits so far as people will do and so that's not gonna happen (banning margin trading). Secondly, exchanges keep the huge money they make for security reasons buddy! We may see them having huge reserves but trust me, one single security breach can cost them the whole company and so they always have to get "huge reserves" (you know, for the future unexpected)! Anyways on the real, yeah traders deserve some dividends but personally I don't see it as an obligatory task of the exchange...it's somewhat just a grant.

Banning margin trading may not be the best idea especially for all exchanges because they are also making money from those transactions...and transactions is part and parcel of the lifeblood of any exchange. I do consider margin trading as a very option for traders to work with...a great way for anyone to make some money out of someone's else money making thing more exciting and I guess potentially profitable for a good player. However, I love the idea of bringing benefits to the HOLDERS. And I think there are now many projects doing that today by stacking their tokens or coins but this is not yet true with the main and top cryptocurrencies so that we rely on the upward movement of the price itself.

Margin trading is one of most exchanges' ways to keep the platform running. We cannot blame crypto exchange from profitting because it actually takes a lot of risk, task, effort, and money to keep an exchange running.

Quote
Should people who have held cryptocurrency continuously not rewarded suitably?

Well if HODLing will give holders reward this will not push adaptation and bitcoin will not be used as how it was intended.

1316  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Garbage Or Gold on: May 19, 2019, 12:09:01 PM
There will always be naysayers, it doesn't matter what other people think about bitcoin. Bitcoin is one of the best investment one can make. It is convenient to use and aside from it's convenience it also had provided a lot of income opportunity for other people. Just ignore people who's talking trash or spreading FUDbout crypto.
1317  Economy / Trading Discussion / Re: Best Tip to Earn Success in bitcoins and other cryptocurrency on: May 19, 2019, 10:47:50 AM
Best tip I've got?

Don't click strange links in crypto.

Second best tip?

A strange link in crypto: www.voodoocrypto.com

(Voodoo Crypto is where I learned how to trade, which has been one of the best decisions of my lifetime)

You just mentioned not to click on strange links in crypto. How funny how you are shilling a strange site and giving such tip. Hilarious!

OP had broken down a good list of ways to earn cryptocurrency. Well, just to add people can also learn crypto by providing services or by bounty hunting.
1318  Economy / Economics / Re: Your Source of Investment Money? on: May 19, 2019, 10:39:32 AM
Before I started in cryptocurrency my only source of income is from my job. So, the source of my investment money os from my job. Whenever I have spare amount of money I save some of it to buy cryptocurrency and try to hodl them for as long as I can. I also gain some of my investment money from my extra online job.
1319  Bitcoin / Bitcoin Discussion / Re: CRYPTO FOR THE HOMELESS - DUNKIN DONUTS LIKES US TOO!!!! (discounted me too!) on: May 19, 2019, 10:30:51 AM
It's a great there there are people who would have initiative to help other people thru cryptocurrency. I hope that what yoi have started will grow to something bigger for you to help more people.

Just an advice, you should compile proof of the amount you have received as a donation along with the funds you have used in your own project. This will help build confodence and trust for people who will be willing to help you with your project. Good luck.
1320  Bitcoin / Bitcoin Discussion / Re: The usage of the "bits" denomination with bitcoin on: May 19, 2019, 10:08:10 AM
Honestly, I think the reason why people buy alts or any other crypto is due to the potential amount of money they can earn from it. It doesn't matter of it is close to a dollar amount or not. People will grab anything as long as there is profit. Product/marketing has something to do with demand, if people can see a potential in any crypto, the price doesn't mattet even if you only own a fraction of it.
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