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9641  Alternate cryptocurrencies / Altcoin Discussion / Re: How to analyze an ICO project going to be scam or not? on: February 09, 2017, 03:07:41 AM
They are all scams. Why do they need to attach a new coin with no use in their platforms? Why not use Bitcoin from the start? The result is still the same. The people who invest in them still dump those coins in an exchange and hold Bitcoin including the founders.
Not all , you cannot say or justifying like that pal
As long as it provide a reasonable profit percentage and run under reliable forum member
I think there is a lot of chance for an ICO become a seripus and legitimate project
You just need to do your own research and make a decision on it!

Ok then prove your point. Please post an ICO project that does not have a ponzi scheme in it. Which ICO do you think can "become a serious and legitimate project" for you?

For your final sentence, since you have done your due diligence and researched on them, tell us what the best ICO project there is and why it is not a scam. I hope you will say it is Ethereum.
9642  Bitcoin / Bitcoin Discussion / Re: IBM and Dubai Government initiate blockchain logistics initiative on: February 09, 2017, 03:00:33 AM
The blockchain pumpers are at it again. The people behind it keep using the blockchain buzzword to scam the Dubai government for money and to use their "blockchain" for whatever purpose the can think of. All they need is a database. There is no need to use a "blockchain" whatever that means to them. In their "blockchain" they have taken out the most exciting parts from Bitcoin and have created SQL. Nice.
This is something that has really been grinding my gears, I do not understand why or how people think that the blockchain is something more than a glorified database that is supposed to magically revolutionize fintech and change it as we know. It is essentially just one large database that uses a lot of electricity.

It has some uses, like stock market stuff, but beyond that it doesn;t really offer benefits.

"That uses a lot of electricity"? They took that part out and that is what I was talking about when I said they are taking the most exciting part about it. Proof of work is a revolutionary concept. How can you take that out in a "blockchain". It is how we all agree and how get to a consensus.

yet another hyperledger advertisement.

im starting to think we should create a whole new subcategory in the altcoin section for the bankers to talk about their hyperledger plans.


They can call it the "Blockchain Pumps".
9643  Bitcoin / Bitcoin Discussion / Re: IBM and Dubai Government initiate blockchain logistics initiative on: February 08, 2017, 04:17:57 AM
The blockchain pumpers are at it again. The people behind it keep using the blockchain buzzword to scam the Dubai government for money and to use their "blockchain" for whatever purpose they can think of. All they need is a database. There is no need to use a "blockchain" whatever that means to them. In their "blockchain" they have taken out the most exciting parts from Bitcoin and have created SQL. Nice.
9644  Alternate cryptocurrencies / Altcoin Discussion / Re: How to analyze an ICO project going to be scam or not? on: February 08, 2017, 04:12:49 AM
They are all scams. Why do they need to attach a new coin with no use in their platforms? Why not use Bitcoin from the start? The result is still the same. The people who invest in them still dump those coins in an exchange and hold Bitcoin including the founders.
9645  Economy / Speculation / Re: New record being at 1000+? on: February 08, 2017, 04:06:10 AM
hoping the price will be higher than $ 1,500. it will create a new record in bitcoin world, even in the world of cryptocurrency. it would probably cause most global investors will glance bitcoin, or maybe it will make cryptocurrency made headlines, in the business world.
We don't need new ATH to be noticed, not by pros anyway. Every major investor is monitoring bitcoin already, it would be foolish not to do this.
ATH is more of a bait for normal people, a potential future users, they are always teased the most by raw numbers.
I speak from experience, as I was lured by BTC because of that 2013 ATH too.
 



A new all time high will create new long term investors in Bitcoin. Why do I say this? Because they will go buy with everything they have as much as they can and then the price will drop hard. Now they cannot sell at a big loss because of fear. Now they have no choice but to keep supporting Bitcoin hoping that it will go above their price of entry which sometimes will not happen for a very long time.
9646  Economy / Trading Discussion / Re: Is it still worth it to trade? on: February 08, 2017, 04:02:09 AM
Yes it's still worth to trade. You can trade bitcoin with altcoin or just buy bitcoin and keep it until the price goes up. Both you can earn profit.

It will be always worth to trade because the market is still tough and a lot of coins that are coming but that doesn't mean that you are going to invest to them. Just invest to those coins that are standing still and tough in the market. It also depends if you are a day trader, if you are that type results are on a daily basis.
Trading on altcoin could able to give you decent profits compared to bitcoin in terms of short tradings but we should really be careful on choosing coins on the market since there are lots of coins out there which do pump once and dump hard which would really lose out your money and on bitcoin its really worth to trade specially on both short and longer ones depends on your amounts to spend to trade.

Can you please advice us on what altcoins are good to trade that are not pump and dumps? How much Bitcoins have you made in trading the altcoin market if you do not mind me asking. I have been asking all the, what seemed to be expert traders in this thread the same question but no one likes to give an answer. Maybe they are to modest to tell us their winnings. All they do is encourage everyone to trade altcoins because it is "profitable".
9647  Economy / Speculation / Re: Is Mass Adoption even possible.. on: February 08, 2017, 03:48:15 AM
Mass adoption might just be a dream, given the problems being encountered with delayed transactions. I think that will be the biggest stumbling block and will be such a big obstacle to hurdle for years to come.

That is the biggest stumbling block for you? What about the big banks owned by the ruling elite and they also own everything including the government that you so love to follow and support.

Quote
But then there is hope, and we can only hope that bitcoin reaches a point where everyone is familiar with it where banks and governments have set a certain policy towards its acceptance and usage.

I can say that you are not too bright looking at your posts. Try going to your bank and ask an executive if he knows about Bitcoin. If not tell him about it then ask him if he should care. Come back here and tell us what he said.
9648  Bitcoin / Bitcoin Discussion / Re: More than 50,000 unconfirmed transactions on: February 08, 2017, 03:43:18 AM
https://blockchain.info/charts/mempool-count

The network spammers are back. Over 50,000 unconfirmed transactions again. I should have checked the mempool before sending some coins. Does anyone have a clue who or what is happening? Could the spammers be on the side of the big blockers or core? I can see people from both sides arguing that it is caused by one with the opposing group.


"Greetings, Mempool Alpha. We are currently blocking all transactions. Tatamis Hookason, out."

lmao! nice.

To my campaign manager please do not pay me for this post. Gleb might get mad at me again, I only want to laugh at his joke.
9649  Bitcoin / Bitcoin Discussion / Re: More than 50,000 unconfirmed transactions on: February 07, 2017, 04:06:40 AM
https://blockchain.info/charts/mempool-count

The network spammers are back. Over 50,000 unconfirmed transactions again. I should have checked the mempool before sending some coins. Does anyone have a clue who or what is happening? Could the spammers be on the side of the big blockers or core? I can see people from both sides arguing that it is caused by one with the opposing group.
9650  Economy / Speculation / Re: Is Mass Adoption even possible.. on: February 07, 2017, 03:48:28 AM
Of course it's possible. But not on 1MB blocks.

Not if the banks still have a say in government policies and laws created. They control everything, they own the world and if Bitcoin really gains "mass adoption" then that means they allowed it. What they cannot take away from Bitcoin is its ability to be a censorship resistant value transfer system. Perfect if you want to be "anti bank".
9651  Economy / Trading Discussion / Re: Is it still worth it to trade? on: February 07, 2017, 03:25:04 AM
Yes it's still worth to trade. You can trade bitcoin with altcoin or just buy bitcoin and keep it until the price goes up. Both you can earn profit.

Why are you saying that? Are you a winner in trading? Can you prove that you are a winner by please showing us your trades? We would appreciate your advice and tell us what altcoins are profitable so we too can trade them.
9652  Economy / Speculation / Re: New record being at 1000+? on: February 07, 2017, 03:19:46 AM
It hasn't stayed over $1000 entirely, but it's good to see the the price remain over $1000 for a while. People have to adapt to seeing the price at these levels as they were used to levels a few hundred $ lower. It will take time before people gain enough confidence to support these levels. I wouldn't be surprised if the price happens to fall back below $1000 again. Price range should be somewhere between $900 and $1100 in the coming weeks.

$200 is a very huge range even for bitcoin!
and price has been staying above $1000. the temporary mini dump that happened once or twice are just it, a mini dump and temporarily corrects itself. and as time passes while staying above $1000 this price support is becoming stronger.
and the range which we have right now is between $980 bottom and $1050

Not for the Chinese traders. In times when there is an opportunity to buy or some news that causes a panic the Chinese traders never fail to do very large market orders exacerbating the situation more if it is going down, making the situation if it is going up if you got in at a lower price. There will be times when a $200 range is small and there will be some market conditions that it is the average.
9653  Economy / Service Announcements / Re: [ANN] BITSANE.COM Cryptocurrency Exchange Platform Is Now Live on: February 06, 2017, 03:29:34 AM
Is it time for you to add new coins to Bitsane now?
A number of new exchange sites have begun to list coins that have an impact on the market.
Even those that have not even entered the market. In this way, the site is showing a high volume of ads.
I don't see the necessary to Bitsane add new coins. The site works with the most popular and that's enough.

Yes. Absolutely, There is no meaning in adding new coins and manage them without even having a guess about their future. Bitsane already has the important ones and it will be best to be in them. Bitsane can add if the coin is really worth for exchange.

I think for a New exchange like Bitsane, adding New coins can be helpful as it bring new investors associated with the new coin. This will really help the new coin owners too and exchange itself. They can start the voting system to list new coins and also make a rule that if there is not a set minimum trade for a coin, that coin will be delisted. This will keep the exchange clean with useful coins only.

Depends on what coin. I like Bitsane how it is right now. Only the good coins are listed even if they are still lacking a couple more. In my opinion they should have trading with 0% fees. Many active day traders are looking for it ever since the Chinese exchanges have removed them.
9654  Economy / Speculation / Re: New record being at 1000+? on: February 06, 2017, 03:20:35 AM
OP I am still doubtful. Bitcoin is so volatile that we can see it go down to $800 in a matter of minutes like we did in the past. Sure hold your breath but also expect the worst. I have been thru so much disappointment with Bitcoin and it has made me numb no matter how high or low it goes. I just buy whenever I think the price is low.
9655  Bitcoin / Bitcoin Discussion / Re: No big reduction in full node operation cost under Lightning Network future on: February 06, 2017, 03:10:30 AM
OP's graphic is a reminder of what we need: ways to transact more, on-chain, cheaply (or free if possible) and occupying less resources. All of this goes in hand with the ideas Bitcoin was conceived with.

But wasn't a transaction layer built on top of Bitcoin in the cards? Well there it is. Segwit will make it possible for a layer to be built on top of Bitcoin and make it better. Now they are trying to block it? Read the pros and cons franky1 posted. You may agree or disagree with it but what LN gives the users is a choice to go for offchain or onchain transaction depending on their needs.
9656  Economy / Trading Discussion / Re: Is it still worth it to trade? on: February 06, 2017, 02:57:45 AM
Base on my personal expeirence I will say to you to please try trafing and experiece the beauty of it ! you dont have to start on large amount of bitcoins a little will do so you can familiarize the market ! You just have to e smart , study hard and have a lot of patience and I am pretty sure you will get the profit you want in trading

The beauty of it? Ok what is "beautiful" about? The profit? The art of trading? Your love for it? But before you answer us please post your trading performance. Results matter in trading. It is very easy to come here in the forum and say "I love trading, I am a winner" like you were a super trading genius or something.

9657  Economy / Speculation / Re: Is Mass Adoption even possible.. on: February 06, 2017, 02:50:19 AM
It's relative. Investors determine the price and mass adoption is how sad it sounds part of what the market wants... in this case the investors.

the only things that can affect the mass adoption are the ability of bitcoin to handle the large number of transactions. and then it is the willingness of the investors to spend bitcoin or just trade it. and as long as they are not spending, no mass adoption and no merchant is coming in.

This. I believe HarryKPeters himself does not understand what he was talking about or if he really did care what the topic was all about. He might have tried to answer as best as he can and still missed the target badly.

Mass adoption for Bitcoin is a lost cause judging from what is going on today. But it is still very useful in the dark markets.
9658  Economy / Speculation / Re: Is Mass Adoption even possible.. on: February 05, 2017, 03:54:57 AM
After reading many news articles and blog i will tell my view over "Mass Adoption"

In this context Bitcoin became part of a larger question of payments innovations within the financial industries – an interesting angle, Bitcoin is an entirely separate system, representing the future of finance.

To Mass Adopt bitcoin will need help of more consumer-friendly Bitcoin services. (in all aspect of merchandise)


You could not be more wrong. Even if developers created consumer friendly Bitcoin services which markets do you suggest should it serve? The same markets that are serviced by the banks? How can Bitcoin compete with that and how can it make it more efficient? The people would still use their banking services because it is the most efficient and the easiest.

The unregulated markets is where Bitcoin will be useful because the banks do not have a service for them. Places like the dark markets, the black markets, the ransomware markets. Anywhere where there is an inefficiency in payments that the banks refuse to enter will be useful for Bitcoin. I hope everyone gets it.
9659  Bitcoin / Bitcoin Discussion / Re: Top 4 Worst Bitcoin Price Predictions on: February 05, 2017, 03:11:26 AM
Prices mentioned by the last one is worse than FUD itself. But if Segwit does not activate and if transactions take more than 2 or 3 hours just to get 1 confirmation then we could see a slight loss in interest that will make the price fall and fluctuate maybe between $600 - $800. Consider the situation if the mempool transaction count regularly reaches 50,000 on a weekly basis.
9660  Bitcoin / Bitcoin Discussion / Re: More than 50,000 unconfirmed transactions on: February 05, 2017, 03:02:37 AM
someone please let me know
bad things ended or not?
I have a small payment, and it has not been done
That's bad

The "bad things" will not end unless Segwit is activated by 95% of the miners. This is what I think could happen. Because of the extreme slowness of the network in getting transactions confirmed many people and businesses will start using and accepting the next best coins. That could either be Monero or a Segwit activated Litecoin. Bitcoin's price will go down very low due to some whales dumping. That will make the miners panic and activate Segwit. Core wins.
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