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6481  Bitcoin / Bitcoin Discussion / Re: 200 lines = You're a bank now. on: April 12, 2017, 01:37:42 AM
Source : http://www.zerohedge.com/news/2017-04-10/200-lines-code-will-disrupt-multi-trillion-dollar-industry

Quote
...consider Blockchain, the financial technology that virtually eliminates the need for consumers to hold their savings in the banking system.

The simplest Blockchain is a mere 200 lines of code. That’s it.

So in other words, the centuries-old, multi-trillion dollar banking industry is at risk of being disrupted by just 200 lines of code.

It’s extraordinary.

You can't fight the future ... so, the revolution is here, now.
Like the Matrix.


I have not doubt bitcoin can be a success in the future but I doubt if it will beat the banking system. The government would simply
not allow that, they can make their own blockchain to satisfy the needs of the people.
6482  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ☘☘☘☘️☘️ [BOUNTY] [ICO] EDGELESS CASINO - 0% Edge & Full Transparency☘️☘️☘️☘️☘️ on: April 12, 2017, 01:29:59 AM
thanks I have received bounty twitter
hopefully fixed price with the division bounty  20%
Good timing because the price is currently up, 20% of the total is not that big to cause a market dump I guess.
6483  Bitcoin / Bitcoin Discussion / Re: Will bitcoin be used to support terrorists? on: April 11, 2017, 01:28:09 PM
The bitcoin can be used from all of us, even if you are good or bad person. We can't be sure who use it and why. Not only terrorists but many bad guys using to do that they want. Bitcoin is anonymous, and we can control it who will use it. And that's why we can't complain about it, because like you, you don't want anyone else know what did you do with bitcoin, we don't have the authority to know about the others. 
I'm sure it's the users responsibility or judgement on how to use bitcoin, it can be use at anything as users preference.
Whether bad or good, bitcoin is still a good tool for faster transaction online and it is the reason why it's very popular now.
Believe in bitcoin because it is the future...
6484  Bitcoin / Bitcoin Discussion / Re: Daily use of bitcoin? on: April 11, 2017, 01:21:33 PM
For now, I am slowly saving my bitcoin because I heard a lot of good news about it and I guess it will help me to gain from my investment.
As I heard in the news about japan's big adoption, it will certainly make an impact in the market and that is very huge.
6485  Local / Altcoins (Pilipinas) / Re: Ether and dash.! 😱😱😱 on: April 11, 2017, 12:47:16 PM
Hi guys, newbie here. Mas gaganda pa po ba ang future ng ETH? Tingin niyo mga idol? Purely BTC lang po kasi ako nagttrade for now.
Maganda talagamag-invest sa ether dahil malaki talaga ang potential niya tumaas lalo na siguro kapag 1-2 years laki na nang price niyan kaya ako hold muna ako at bibili ako ng madami para maging mayaman ako pagkalipas ng mahigit isang taon. At sana pati ang dash ay tumaas din para mas lalo akong yayaman nun pagnagkaganun . Babalatuan ko kayo pagnangyari yan heheh. Sana yumaman ako sa mga coin na ito

Haha! Sana nga boss! Hodling na rin ako ng ETH ngayon after kong magresearch at magbasa basa tungkol dito. Di malabong mangyari yang mga sinasabi mo boss. Time lang talaga ang kailangan dahil pumupundasyon pa lamang si ETH sa panahon ngayon.
Ako din, ETH ang bet ko kasi daming tokens nito na successful, at habang successful yung lumalaki rin ang demand ng ETH. Second ito sa bitcoin sa laki  ng marketcap so malamang baka mag compet ito.. Save na rin ako pag may time habang mura pa.
6486  Economy / Gambling / Re: 🔶 YOLOdice.com 🔶 FAST bets, chat, play & invest, over 7 BTC max bet profit on: April 11, 2017, 12:39:26 PM
i tried the site ,wagered almost 5btc .site is clean ,fast and good .Withdraw processed instantly without delay .
i love to give a try again Smiley end up with +0.33btc profit
You are really a rich player, the money you use to bet really big for all of us Smiley I have never invested so much money in a casino. This is really a clean and fast website, everything is fair, you can totally trust it. YOLO dice has existed and developed for some time, it is stable and always satisfy players. Wish you luck with your game.
Doesn't matter if he is rich or not, we have our range in betting, just bet what you can afford to enjoy betting this wonderful site.
Based on my observation, Ethan is the best gambling site admin here because he is very active and to think that the site is still new but it's already making a name in a gambling industry, that is a big progress.
6487  Economy / Gambling / Re: Lunarbets.eu - Bitcoin Sports Betting | New and Improved Website! on: April 11, 2017, 12:36:41 PM
Lol, I tried to access and it says here " Our service is currently unavailable in your country. Sorry about that."

What's happening here?
6488  Local / Others (Pilipinas) / Re: Holly Week! on: April 11, 2017, 12:35:32 PM
Sir akiko ayusin mo naman ang spelling, hindi po Holly Week kundi Holy Week. Magkaiba po yun.
6489  Economy / Trading Discussion / Re: Price stabilization on: April 11, 2017, 09:00:14 AM
I don't see it's possible as of the moment, whales can manipulate the price and this is their game.
With the price fluctuations, they can make more money as there are dumb money in the circulation, they take advantage on that.
6490  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ☘☘☘☘ Edgeless EDG Tokens On Liqui.io(BLACKJACK BETA LIVE)☘☘☘☘ on: April 11, 2017, 08:53:44 AM
EDG's price is very stable above 6k sat, which is above ICO price too, the power hour price was 1k because eth was 0.01 btc at that time. So it is 6x.   Grin
That's a good profit for the investors already, but they are not selling it yet because they believe that the price is not at its peak yet.
When blackjack will be release, we might see a better price than the current price, holding is the key I guess.
6491  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ☘☘☘☘️☘️ [BOUNTY] [ICO] EDGELESS CASINO - 0% Edge & Full Transparency☘️☘️☘️☘️☘️ on: April 11, 2017, 08:47:57 AM
Is any one here already recieve bounty from social media campaign it's already April 11 I suppose this day we will recieve it.
The price is currently good in exchanges, but I hope it will not dump when the bounty will be release.
6492  Bitcoin / Bitcoin Discussion / Re: Japan's Bitcoin Law Goes Into Effect Tomorrow on: March 31, 2017, 07:08:24 PM
As we all know, KYC itself violates one of the base principals with which Bitcoin was created. We'll see how this pans out. I guess we might have slightly less (real) movement on Chinese exchanges...

In a lighter note, after legislation, Japan doesn't seem to be hostile to Bitcoin... Which is a big plus.

After you buy the bitcoin from the exchanges, you can mix it, so that nobody knows it is from you.
6493  Economy / Speculation / Re: Bitcoin price after ETF 2500$? on: March 05, 2017, 03:42:51 PM
Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/

It is certainly possible. Consider that the ETF would mean that anyone can go to their local bank and buy the COIN shares. It doesn't matter if you are a regular blue collar worker or a wall street shark, or an huge billionaire mogul... as long as you got a bank account im sure they will be willing to buy it for you.

This means massive amounts of money coming in. The marketcap is tiny, so price can go up quickly.

If it doesn't pass, I think the dip will not be that noticeable.

If the ETF is passed, it is possible. Otherwise, next year.
6494  Economy / Economics / Re: Currency v Property on: December 24, 2016, 03:24:30 PM
i would like to view bitcoin as currency, perhaps as crypto currency in internet world as other payment and connected with fiat in real world and not as property. because property for me is like something that visible to be seen and feel with hand. and for this reason, the bitcoin can act like money in the economic global.

People mostly use bitcoin as a currency or maybe some of them use it as an investment as well and i feel if you invest into something that would be called your property, so basically it is currency and property both, currency in a sense that it can be used as money and property in the sense that it is also an investment asset.

I also use Bitcoin for investment. And even though the legal status cryptocurrency in my country is not defined, I think, that Bitcoin - a property. I can use this property as well as other values

In my country, it is a property.
6495  Economy / Economics / Re: Currency v Property on: October 23, 2016, 05:03:03 PM
No country has a same opinion as another one when talking about bitcoin. This kind of technology is something new and such cases never appeared before hence it is not even recognized by majority of countries and laws. It doesn’t matter if it’s classified under any of the class Asset, Commodity or Currency  because it is yet in evolution stage and it needs recognition at this stage to grow and survive (against possible government restrictions).  I would say, We need uniform identity through eyes of law on international level.

Yes, many countries are unable to determine what is actually Bitcoin. We need to reach consensus and adopt international rules that will determine the status of cryptocurrency

There is no need for a country to determine the fate of the bitcoin. It will be determined by a big community.
6496  Bitcoin / Press / Re: [2016-09-29] Accenture: Blockchain Immutability must be Reconsidered on: September 29, 2016, 05:24:59 PM
"Bitcoin’s underlying technology, the blockchain or distributed ledger technology, has swept across the financial sector since early 2015 as major banks and financial institutions began to establish “blockchain labs” and “research centers” to exploit its potential in the traditional financial industry.
Hundreds of millions of dollars have been invested into the technology and startups that are utilizing the blockchain technology to improve banking services. Although the industry has not a single working demonstration to show, Accenture executive Richard Lumb believes that immutability must be eliminated in creating blockchain networks.
Technically, if immutability is taken away from a blockchain network, its features and capabilities replicate that of a traditional database. If a blockchain network is not open sourced, powered by miners globally, centralized, and not immutable, it does not serve a point in implementation since it is vulnerable to security breaches, alterable, and not resilient to external hacking attacks.
To understand the fundamental error in the development of private blockchains or “non-immutable” blockchain networks, it is important to understand the factor behind Bitcoin’s success. Bitcoin remains the world’s best performing currency due to its infrastructure that eliminates a central authority or network administrator. That means, not a single user in the Bitcoin network can control or manipulate its transactions. More importantly, its decentralized nature allows the network to become immutable to changes.
At first, banks and financial institutions aimed to implement the blockchain technology to settle transactions and assets more efficiently, in terms of costs and time. They also wanted to store their data in a more secure network, to prevent from being affected by cyber attacks and security breaches which they have failed to deal with over the past decade.
The pathway of banks and financial institutions’ development of blockchain networks has been:
Immutable ledger
Controllable ledger
Non-immutable smart contract ledger
Non-immutable smart contract private ledger that grants network administrators full control over the network.
Essentially, if anyone in the network gains control, it defeats the purpose of utilizing a blockchain network. For instance, Accenture’s new invention, called the editable blockchain, is technically identical to SQL database, in the sense that they are both:"
6497  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining on a 4870, is it possible? on: September 23, 2016, 05:24:17 PM
You can run the old algroithms which do not use more than 1GB memory. You cannot run the Ethereum.
6498  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Eth bubble is about to pop on: September 11, 2016, 11:52:12 AM
ETH and ETC counting their last days, already we can see they are slowing down.
We could see major crash of one of those..And whales probably awaiting new fresh blood..
Maybe you're right, but at the moment they are managing to pump the two cryptos, even with the recent increase in the number of coins in circulation (the coins drained from the DAO).
it seems there is good support of the Ethereum both the ETH and ETC. I thought the ETC would drop a lot in the past few days, but it was quite stable.

Maybe the hackcer has made a deal with the big ETC whales that he will not dump the coin, so the price is high.
6499  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Eth bubble is about to pop on: August 27, 2016, 04:56:44 PM
ETH and ETC counting their last days, already we can see they are slowing down.
We could see major crash of one of those..And whales probably awaiting new fresh blood..

Their dollar price might be going down at present. But their bitcoin price is more or less stable. When the summer holiday finishes, the price will go up.

I think the ETH price will rise a lot when the Etheruem Foundation dumps the Ethereum Classic to the market.

The Ethereum Foundation still has millions of Ethereum including the ETC. So when it sells it on market, it might crash the price.

That could be the reason for the recent price drop.
The ETC price has dropped over 50% in the last few weeks. It could drop more.

If the big bitcoin holders who support the ETC negotiate with the hackers, then the price of ETC could rise.

I think the hacker will not negotiate with other people. So he can manipulate the price at this sole will.

That is right. By not cooperating with other people, he can use the ETC as a ATM machine and get money out of it very easily.

We need the words from the hacker to tell us how he is going to do with the ETC. If that is for good cause, I might buy some.
6500  Economy / Speculation / Re: How can we make bitcoin's price only RISE and never FALL? on: August 10, 2016, 03:43:47 PM
Huh? theres nothing like that. Its impossible for price not to drop even a small amount. Fall is always there after a rise and rise is always there after a fall thats how price works, economy rather.

I think it is possbile for the bitcoin price to rise year after year if there is no big bubble. But it is difficult for it to rise day after day.

We can make the bitcoin to rise year after year if there is good mass adoption. But we cannot make it rise month after month.

I think so. The bitcoin price is volatile at the moment, or in the next few years least. When more people use it, it will be stable.
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