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561  Bitcoin / Bitcoin Discussion / Re: Korea To Tax Bitcoin Use on: October 17, 2017, 05:46:35 AM
South Korea is preparing to tax bitcoin use after the cryptocurrency’s trading volume skyrocketed past that of Kosdaq.
Death and taxes ... it seems that even bitcoins can't escape that Smiley

Well, it is good on one side for the people who loves bitcoins as a currency. But for the ones who loves it because of the profit it can provide, I don't think so. This is a huge step for bitcoin and all the other cryoto currencies out there because this just means that they are doing ways to make bitcoins legal and be accepted. Although the word "taxing" is quite scarry, i think they mean taxing bitcoins when you turn them into fiat. I mean, if they don't, there would be no way that people will be telling the truth to wether they possess any crypto currencies or not.
562  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ⚡[BOUNTY][ICO] ⚡ WePower - First GLOBAL blockchain for GREEN ENERGY future! ⚡ on: October 17, 2017, 05:31:51 AM
Announcement: First twitter campaign analyze has just been launched.

Results will be published tomorrow (and first stakes distribution will occur).


Dear sir, how much stake should a member rank recieve? Given that he has finished 35 posts?
563  Bitcoin / Bitcoin Discussion / Re: Why all the freakout about Bitcoin's price? on: October 17, 2017, 01:59:43 AM
1) I generally only worry about Bitcoin's price when I want to buy a gift card or something. And even then, converting to fiat is someone else's problem in this scenario.

2) I can go weeks without opening up my wallet or checking the price, so it's not like I'm addicted, right? Right?!

3) Buy, hodl, buy, hodl...


Obviously, these people that freak out with every price dip are the people that are still new to the crypto world. And in this case, bitcoin. These newbies tend to panic a lot because of all the bullshit they get to read everyday from people can do nothing better with their lives but to spread baseless fuds about bitcoins. Which then fuels up their panicking. Worse is that most of these fud spreaders are people who don't even know what they are talking about. While, others do it for fun or for trolling, and others to make other people panick sell sonthey can buy low, most of them just wanna have something to say about the big thing being talked about.

So likewise, will buy, hodl, and back again.
564  Bitcoin / Bitcoin Discussion / Re: Will a fork of Bitcoin ever take over? on: October 17, 2017, 12:54:46 AM
Now that there are going to be 4 different forks of bitcoin...

Bitcoin
Bitcoin Gold
Bitcoin Cash
B2x

What do you guys think the chances of one of the forks or even a future fork taking over the main market capitalization.  Maybe after these upcoming forks it will only strengthen bitcoin.  I think all of these forks are just cash grabs profiting off of the hype of the real beast.

Thoughts?


I think soo too. These segwit2xs just really seems to be only overrated schemes for profit. Specially bitcoin gold. which is pretty much a poor effort to make dollar bills as it seems to me. So over all, i think bitcoin will still remain Superior over others. Nothng beats experience amd bitcoin just has that. Not to mention its great history. I mean, who wouldn't respect bitcoin after all?
But hey, that's just me. Nothing's sure in the cryoto world anyways, so maybe or maybe not, who know?
But whatever the case I surely am still going to stick with bitcoins no matter what.
565  Bitcoin / Bitcoin Discussion / Re: How can we help new people who think bitcoin is a ponzi scheme to understand it on: October 16, 2017, 04:43:04 PM
Kindly Anwser this question from experience of how you were able to convince people bitcoin is not a ponzi scheme but something they should tap into because of its great future.
Especially if most of this people have heard news about fake Bitcoin investment, wallet hacking etc or if they experienced in on their first trial  of bitcoins.


First of all, they do not need help they need knowledge. Second, anyone who only listens to what they want to hear are helpless.

But to answer you question, I think the best way would be to not tell them to buy bitcoins because it will make them rich without any effort and fast. Because clearly, their responses would be : "hell no!" To the idea. If you really want them to believe, explain to them the mechanics. Start from the very bottom. Explain what bitcoin is, how it works, why it has been made, and why it is so expensive. Or why its value falls amd rises a lot. That way, they will see that bitcoin really is something that is legit and has a great background. That there is souch more into this currency than its price.

Hope it helps.
566  Economy / Speculation / Re: Is it more wise to invest in Bitcoin or in Ethereum for the next 5 years? on: October 16, 2017, 04:30:26 PM
I think it will be best to invest in both bitcoin and etherium, bitcoin was the first and many people are already using it, etherium on the other hand might follow bitcoin's track so if you missed investing in bitcoin back when it was still a dollar or less then you can still invest now and then half of that you just invest in etherium as the price is still not that high, by the time it shoots up say about 3 years then you already have that much profit from it. You can also do trading. It will gain you more profit.

I agree. Both coins are really great for investment. Surely because they both can give anyone a pretty decent amount of profit if they are willing to wait. But in terms of making money the fastest, i prefer etherium over bitcoin because etherium is much cheaper and is a much more volatile crypto currency. Which is pretty great if you ask me. Bitcoins are awesome too and can get you a much more greater profit. Only if you are in for the long term. So which of the is great. It only depends on your wants. But i suggest to get your hands on both rather than choose between two winning choices.
567  Bitcoin / Bitcoin Discussion / Re: Laptop or desktop security on: October 15, 2017, 06:20:43 PM
I'm looking to purchase a new laptop and I want to know, which brand would be best compatible with #Bitcoin core wallets and upgrades.

What security services should I use?

Judging how no one is letting up in this fork debate I see that in the future bitcoin wallet providers will be speaking out on which chain they will be a part of. I just want to be as close to correct as possible.

Call 2X BTCCorp for all i care im not with corporate espionage


Lol. Whatever you choose won't kake any difference bruh! Lol. Doesn't matter if you go for a laptop or anything else as long as you disconnect it from the internet it is good for security. Well, depends on how much you know on protecting your bitcoins.

Now for wallets, we really cannot say which is which because nothing stays the same in this world forever. So the only thing you can rely on for deciding is your own guts. Opinions are nice but still, what makes the decision is you. So gather as much knowledge as you can while you're here. Every piece of information is important. It is easier to do things yourself than to rely oj others(if you get my point).

568  Bitcoin / Bitcoin Discussion / Re: Taking Courses to learn about Bitcoin on: October 15, 2017, 05:22:32 PM
Has anyone taken a course online on sites like Udemy to learn about bitcoin? I just received a coupon to enroll in a bitcoin course for free. Would it be worth the time?
If anyone has any experience, do share.


I haven't but i sure would love to get on one if it's free. You are lucky that you have a chance to get in oj something like that that a lot of people including me would really love to experience. So i say go for it. It would be the greatest decision you would ever make in your whole life. Do not take this chance for granted. Learning about anything is never a waste of time. Knowledge is the most vakuabke thing in this world so never say no to anything that can get you more knowledge about anything.
569  Bitcoin / Bitcoin Discussion / Re: which information sources you're using to stay updated with cryptocurrencies? on: October 14, 2017, 07:07:21 PM
can you share with us which information sources you're using to stay updated with cryptocurrencies?



there are actually a lot of sources for informations regarding cryoto currencies only if you would take time to research. There are a good number of search engines you can use to sarisfy your needs for information regarding cryoto currencies.

Now, i use google to search for sites that give good infos about new coins and analysis on them. Then i ask about it to my friends or other leople to know if the site is really a good source for information regarding crypto currencies.
I also get uodates on social media sites like facebook, twitter, reddit, slack, telegram, amd steemit. And of course, bitcointalk.org.
570  Bitcoin / Bitcoin Discussion / Re: This Man Sold It All For This One Thing and Made Hundreds of Dollars Overnight on: October 14, 2017, 05:35:10 PM
Quote
A man upped sticks, sold everything he had for Bitcoin and moved his family to a campsite after claiming that he is waiting for the next "boom" in cryptocurrencies.

Didi Taihuttu, 39, moved his family to a campsite outside of Venlo in the Netherlands, after putting his house on the market along with other possessions including his car, motorbike, children's toys and other family consumables.

http://www.independent.co.uk/news/world/europe/man-sells-everything-for-bitcoin-moves-family-to-campsite-a7994751.html

What do you think? Would you do the same thing? Do you think in the future he will be a rich man?

you know what, i believe in bitcoin, i also love it and all but. I would NEVER ever do something so stupid like what he did. Damn! I would beat hik up into a pulp if it so hapoened that his wife was my sister! Freaking dumbass put my sister and her children's life at risk just so he can gamble with this. It is true that you have to jump to bs able to fly, but this is just too much. He is either dumb or a heartless selfish son of a b*tch. This isn't bravery. This is pure stupidity.
571  Bitcoin / Bitcoin Discussion / Re: I've just been hacked!! :-( on: October 14, 2017, 04:31:30 PM
Hi all,

I'm quite new to bitcoin and only started collecting a few months ago. I've been using Bitcoin Wallet on Blockchain.info

I'm aware (now) that I should have been protecting my bitcoin better and using an offline wallet (which I've just purchased). My main issue is that last night someone somehow hacked my wallet and transferred my 0.831 BIT to another account.

Is there anyway to get it back?? Please help! That's a lot of money I've invested and just gone in a blink of an eye :-(

My wallet is: 74d2adcd-f1e2-4058-a55b-70f151610a1a

It was transferred to several others by the looks of it, then to one single wallet:

Transaction View information about a bitcoin transaction: ebded65e533a2054d87526cbcb2234e9eda37d3413505513781f19c074103db4

Transferred to these:
1FNWrWZvrbK1TYZV6yRJ8hMLU4paddModA (0.08612858 BTC - Output)
194JaKreEL3twQt54xwnbfNVnz61r2VLQ6 (0.00789946 BTC - Output)
1517oxYjtxBZz9qMa55oAZn2a9gcE66Bfz (0.13277809 BTC - Output)
13Hsdv1f6Ack1qgXnT69RvLQ1ifk6dQTBF (0.29081893 BTC - Output)
19zf5tDYybwPdygiv5JzH3RVSW1pmb4zcn (0.15567622 BTC - Output)
179q1SsVftLbF9boom5nWCM1z47P52Cbc (0.0760638 BTC - Output)
1N3yegSdqz2tsxL9aRj5q4SYj3F6o4YXHC (0.08489707 BTC - Output)

Then finally to this one:
1Pbs1z5rK4vUWLtjTkK1vxksWHyswTndzj - (Unspent) 0.83165538 BTC  -  0.83165538 BTC

It's unspent, but I don't know if that helps me get it back somehow??

I'm sooooo frustrated and feel so helpless!

Please help me if you can!

Thanks



I really do not want to say this but,  you really need to realize it. You have been so careless. Out of all the things you could've taken for granted, you took for franged your hard earned bitcoin. And i highly doubt that you didn't know that these things really do happen. Apart from news of peoples bank accounts being hacked back then, there are a lot of posts here and all over the internet sharing their experiences of their bitcoins getting hacked. And there are also a lot of advices to prevent this but you know to yourself that you ignored them.

The only person you can blame is yourself. I feel bad for you for I too have lost some things that are important to me back then. But i just had to.say it so it opens eyes. Not only yours but for other newbies out there as well.
I believe in good and bad karma. But it doesnt take away the sadness brougjt by being robbed of something very important to you.
For what its worth, i hope you get back what you lost.
Goodluck.
572  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you using Bitcoin Cash? on: October 12, 2017, 06:15:09 AM
Have you extracted bitcoin cash from your btc seeds yet? If yes, are you using them?
Or have you sold them or exchanged them for another alt or bitcoin.
Or do you plan to hold them as well and expect the value to go high similar to bitcoin.



Yes i have. A few weeks ago. Only held on to it for quite some time and after analyzing the facts and all other infos together with the opinions of various people, i decided to dump them. And had a nice night at the club later that day. Lol.

So if you have some, sell them already, and have fun or invest them on other lromising coins out there. Because clearly, anyone with a rational mind would really seee what bitcoincash is, and where it is heading.

Have a good one.
573  Economy / Speculation / Re: Segwit2x vs 1 MB on: October 12, 2017, 04:56:18 AM
What will you do if 80-90% of miners start mining > 1MB blocks ?
Will you ignore this chain and will be waiting 1-2 hours for 1 confirmation on original chain ?

If somebody makes bitcoin transaction then it apears on Segwit2x chain (bigger block, faster confirmation).
I think it takes hours(or days) to confirm on original chain.

Do I miss something ? (It will be not the same as with Bitcoin cash)

Clearly, i will be going with the dump. Although most of the time, i do not make choices if i can do both, I’m gonna make this one as an exception. Because anyone with common sense would really see that this coin would be nothing but a shitcoin before it even starts getting on its feet. It really Just something that is not worth my time and effort. Have more better things to do than go along with this shtty parade.
574  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your top ICO for November? on: October 10, 2017, 08:09:55 PM
I'm interested to find out.

I have quite a lot of ICOs in mind. But the best that i think, is utrust. I am going all in on this all the way because I really can see exemplary potential from this coin. It has a great dev team and the project itself is really no doubt amazing. It has some competitors almost identical with its project but i still think it is the best and will surely gain success in the future.
575  Alternate cryptocurrencies / Altcoin Discussion / Re: How many years will take that fiat coin will be replaced by cryptocurrency? on: October 10, 2017, 07:53:39 PM
How many years will take that fiat coin will be replaced by cryptocurrency?
DO you think it's possible or not at all? Plz share your opinion:)

Dude, like you and many others in this forum, iI really love crypto currencies. But, let’s be honest here., there is just no freaking way that fiat will be replaced by crypto currency. If you ask me, crypto currency fading away has more possibility to happen than fiat getting replaced. Let’s just be happy that we can use both. Because both are better with each other than being compared.
Have a good one op.
576  Alternate cryptocurrencies / Altcoin Discussion / Re: WHY SUCH CONTEMPT AND DISPARAGING FOR ALT-COINS?! on: October 10, 2017, 07:48:23 PM
I have been to some of the cryptocurrency reddits including r/cryptocurrency and r/bitcoin. There is this usual agreement that Alt-coins are Shit-coins and a general show of contempt towards them. I feel this is a disservice to the cause of wealth redistribution touted by Bitcoin enthusiasts.

I see alt-coins as the one possible way that bitcoin can gain mass acceptance and legality. Those who think that "legality" is something bitcoin doesn't need are just kidding themselves. If the governments outlaws it, it will remain the plaything of uber-hackers with the necessary skill to conceal their identities and be used in the deep web for things like drugs/guns/child-porn (aka Silk Road).

The use cases for alt-coins and ICOs are what can gives bitcoin its major value in the long-run. For example, If the blockchain technology and ICOs enables someone in a third-world country to raise easy capital and use it to invest for setting up a small factory/ infrastructure. Being able to network with investors in developed countries, this also brings the option of open exchange of ideas and availability of expertise from the community. The products these third-world entrepreneurs create in turn benefit the community and give more acceptance to Bitcoin.

The big hurdle in this is going to be the greed of the major holders. The major holders are able to perform pump and dumps and every such Alt-project loses its legitimacy afterwards. The big players run off with the money looking for the next shit-coin to suck dry. The banks/ governments have the funds to become the big holders. This is one way they can easily turn bitcoin against itself and destroy its legitimacy. Why isn't there more of a discussion on this?

Sorry if what i have said is just too obvious or already discussed. I started reading about Bitcoin and ICOs about 3 months back and the idealism behind it was exciting. As of now, it seems like its mostly about trading and money. Do we need thought leaders?


I feel you man. And I strongly agree with your points. People nowadays label all alternative coins as shitcoins. But we cannot blame them. Because a lot of people really do make shitcoins which are made for scamming or just for the purpose of gaining money. It really is shitty if you ask me. But there are coins out there that are really great and really does contribute not only to the crypto world but also to the world we live in. And it would take me a lot of words to state every good thing some ICOs did or are aiming for.

Sadly, we cannot change it. All we can do is be mature and do what actions we know are right.
577  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP or XLM ? on: October 10, 2017, 07:40:42 PM
If you have $1000 will you invest in XRP or XLM?

There are plenty of coins out there man. Coins that are far more better than those two. And can be bought cheaper for now because they are still at the bottom. Try to research more. And read a lot of white papers under great dev teams. So you can get a grasp of how better a coin is from the other. And see price hike potentials. But if you insist in choosing between both, XRP should be the first pick. But you can also invest on both. And decide wether you wanna split it evenly or give more to xrp. Your choice man.
Goodluck
578  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins are a joke, only bitcoin matters! on: October 10, 2017, 07:29:14 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.


Look man, try and broaden up your mind. Alternative coins were not made to be just a mere competitor of bitcoin. Although it is good for bitcoin to have competition to make it stand out, alternative coins have a wide variety of purposes. While a bunch of them are shitcoins and scams, some really have great platforms that have great potential in helping not just the crypto world but a wide variety of things also. Read more on altcoin whitepapers man. Just try it.
579  Alternate cryptocurrencies / Altcoin Discussion / Re: Why people try to create their own coins? on: October 10, 2017, 07:23:10 PM
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

There can be a lot of reasons behind any ICO. Just like machine inventions. Some people may have built an ICO, for the purpose of helping the world. To make it better in the way that they know. While some does it to earn money for a various purposes. While others do it for greed or just scamming. While some just do it for fun.
But there really can be more reasons. The ones i have mentioned are the ones that i think are most common.
580  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin GOLD - A well thought Scam? on: October 10, 2017, 07:15:40 PM
I was reading some articles on Reddit regarding the upcoming Fork of BTC to create Bitcoin Gold or BTG. I stumbled upon one of the the post from Reddit user: EnviousArm
Reddit user link: https://www.reddit.com/user/EnviousArm

All the credits goes to Reddit user: EnviousArm as this user has done all the efforts and work. I am just trying to bring this to light for bitcointalk members. Thank you.

Link to the post: https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

Update 3: I've done a reverse whois lookup on their website, and found a ton of domains registered under the same email (not same IP) in their whois. the domains look super damn scammy by the way, you can check them out yourself here: https://i.imgur.com/HG31eie.png

And for the actual list if you don't wanna see a picture, here: http://viewdns.info/reversewhois/?q=xiangliao%40gmail.com

I got the email from: https://www.whois.com/whois/btcgpu.org BTG is, without a doubt, a complete scam.

Looks like they tried running several ICOs, one of them is even still active called sandcoin.org (which is obviously a scam too) Update 2: *

Premined: https://github.com/BTCGPU/BTCGPU/pull/2

    Unfinished pow implementation: https://github.com/BTCGPU/BTCGPU/pull/15

    Replay protection not implemented (You might lose your Bitcoins if you try to transfer or sell your airdropped Bitcoin gold be careful!): https://github.com/BTCGPU/BTCGPU/issues/18

    No change of difficulty algorithm implemented (they will compete with other GPU-mined coin for hashpower)

    No commits merged to main public repo in last 21 days

    Without the difficulty fix alone, this coin will crater rapidly.

Assuming it survives that, without replay protection, big exchanges won't list it, and wallets won't support it. The code is unfinished and in flux that no-one can seriously review it yet, and there's no commit for a testnet definition yet. (thanks to /u/StrawmanGatlingGun)

Update 1: In their Website-Snapshot from the github (https://github.com/BTCGPU/website) they stated that the fork snapshot already processed: "Bitcoin Gold (BTG) is a new proof-of-work cryptocurrency that will be hard forked from the Bitcoin blockchain on October 1 at block height 487427", which actually ended up being September 28th (https://blockchain.info/block-height/487427) partial info thanks to /u/rhuxx for the find.

As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However in the past they decided they'll fork during the Bitcoincash date, both of which have ended up confusing me thus I've decided to do more research on the matter.

As I dug in deeper Bitcoingold started falling apart in front of my eyes losing all my trust in it. Here is what I've found.

First I read about this to get a better idea behind it: https://medium.com/@EthereumRussian/is-another-hardfork-going-to-kill-bitcoin-bitcoin-gold-e49b24ad8a9

The article mentioned there's been an ICO page, intrigued I decided to do a quick google search and found this 29 August bitcointalk thread that has more information regarding it: https://bitcointalk.org/index.php?topic=2046790.0

Along with the original Bitcoingold developer thread: https://bitcointalk.org/index.php?topic=2133536.0

It seems that they have possibly ran an ICO (Unsuccessfully most likely) but most certainly had premined the coin, thus I went to their website which at the time (9th of October) only ran a splash screen: http://btcgpu.org/ in an attempt to confirm my doubts.

This didn't lead me far, I needed to confirm those claims by myself, thus I went to the wayback machine (a wayback machine takes snapshots of websites so you can tell what changed in a website over time) and picked the August 31 date of the bitcoingold website. https://web.archive.org/web/20170831032225/http://btcgpu.org/

This confirmed the rumors, the website owners/original developers intended to run an ICO (which may or may not been successful) and also premined 16000 Blocks, worth at least 200,000 Bitcoin gold. The ICO price was supposedly 1 BTC = 10 BTG.

Since they are holding that information away from us and hiding it, this makes me believe that, bitcoingold is infact a scam and an attempt to milk the Crypto community out of their money, please don't fall into this scam and don't buy bitcoingold, dump it and let others know you can even do your own research with the Wayback machine I linked above or any time machine.

Regards, A fellow crypto investor

tl;dr BTG (Bitcoin gold is pre-mined 200,000+ BTG, and previously offered as an ICO, now they are trying to hide both of that information from us and telling people to dump their alts to get free "Bitcoin gold". the fork dates do not match, they specified different dates 3 times, once in their github page (1th october, and the block ended up being mined at 28th september) and a third time as 25th of october. all this combined information makes this me believe with no doubt that this is a scam in the making, and you should all dump your BTG as soon as you get it and never, ever buy BTG. also there is no replay protection, incomplete pow implementation, and no difficulity adjustment just the replay protection alone means you can lose your BTC by trying to sell/transfer your BTG, whois email associated domains shows complete scammy icos and domains registered under the email, this without a doubt they are 100% scammers.).



Well, I really am not the kind of person that judges people that easily, but with this one, looking at the things that you have stated/provided, I really am now having second thoughts about this project even more. I used to not think of this as a scam yet, and just thought that it is still trying to make progress but damn. You made it pretty clear with this one mate.

Thanks for sharing this great information with the community man. Great job.
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