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381  Economy / Service Discussion / Re: Free accelerator on: December 02, 2017, 11:18:35 PM
Is this is the thread https://bitcointalk.org/index.php?topic=2204426.0
Many members here were helped by the OP. I think it's okay to give it a try. Besides, it's for free.
You won't lose any cents on that since you only have to give txid. Or try other txid accelerators. Coinsurge.net offers free tx accelerator. This is currently offline. But it will be back soon. Others are asking for fees for their service.
382  Bitcoin / Press / [2017-12-02] ‘No Regulation Needed’ – Moscow Stock Exchange Plans to Trade Bitco on: December 02, 2017, 10:06:17 AM
Andrey Braginskiy, Managing Director of Communications at the exchange, told news.Bitcoin.com on Friday that Tass’ article “is not entirely correct.” He elaborated, “we haven’t asked the Central Bank of Russia (CBR) for permission to list the new futures contract. Therefore, stating that they have denied the permission is not accurate.” He then revealed:

"Generally, listing the new bitcoin index futures doesn’t require any new regulation. Of course, an agreement with an exchange that calculates the index is needed. But the Russian regulator needs to be in comfort."
https://news.bitcoin.com/regulation-moscow-stock-exchange-trade-bitcoin-futures/

Wow. Now all financial markets are now keeping their eyes on Bitcoin. CME recently just officially announced that they will add Bitcoin to their market. Now this. This is a good sign for Bitcoin. This is huge.
383  Economy / Marketplace / Re: How do I identify genuine mining opportunities? on: December 02, 2017, 07:20:44 AM
It's hard to identify what cloud mining can be a genuine. Even a reputable cloudmining can be a scam. They give you lifetime contract and they will change it lately because they are not be able to cover their power costs. That's how they work. Since the money you invest to them are nonrefundable. You can't get your money back. Besides, it's not even profitable at all. You're not even sure if it can cover your initial investment to them. They said you can get your ROI in just 6 months. Well, that's absolutely not true.

There's a lot of investment out there which can give you decent profit and surely not a scam. Trading, lending and mining. These are good ways to make good profit.
384  Economy / Speculation / Re: Bitcoin Record value-Hitting a value of 11434$ on: December 02, 2017, 07:01:52 AM
It could be break its all time high again soon as CME will welcome Bitcoin to their platform.

"We are pleased to bring Bitcoin futures to the market after working closely with the CFTC and market participants to design a regulated offering that will provide investors with transparency, price discovery, and risk transfer capabilities."
https://news.bitcoin.com/cme-group-to-launch-bitcoin-futures-december-18/

CME group inc. is an american financial market based on Chicago, US. This will be huge since many big players will join Bitcoin. I expect also Bitcoin will hit other financial markets in the future. NASDAQ, NYSE? What's next?
385  Bitcoin / Legal / Re: Cryptocurrency regulation - pls explain on: December 02, 2017, 12:17:55 AM
Hi!
I'm a cryptocurrency newbie and have very basic/dumb questions about regulation. Here goes..

First of all, welcome to the forum.

Quote
1) What does regulation mean in practice? Is it like they want to register people who invest or something? Is it all about taxes?

Yep, Anti Money Laundering/ Know Your Customer(AML/KYC) is now being implemented. Most of exchanges now are regulated by the government. So we don't have much choice but to comply. You have to give your identity in able for you to use their platform. That's all.

Quote
2) Why does governments want to regulate crypto?

Because it could be a way to do illegal practices like money laundering and evading your taxes. That's why it should be regulated by the government.

Quote
4) What are the drawbacks (& advantages?) for an investor who discovers his/her crypto investment is to be regulated?

Regulated crypto means they are more safer from other crypto that are not regulated. There's a lot of scam ICOs out there. The only way to make sure that they are not going to scam you, is to check if the ICO is in compliance with the regulations.
386  Bitcoin / Press / Re: [2017-11-30] McDonalds to accept Bitcoin by 2018 on: December 01, 2017, 11:51:53 PM
I'm curious to see how McDonald's would do that? Lol. Their crappy hamburger is cheaper than the cost of the transaction. In my country no one can use any currency except the national one. You can exchange at a Bank or exchange office dollars and euros on the domestic currency. But to accept bitcoins is a violation of the law.
That's true mate. The fee alone could cost you $11-$13 per transaction and that's not include the payment to buy some foods there. That's very expensive for cheese burger and fries. I don't think it's a good idea at all. Bitcoin should fix this problem first. But im happy that they are interested to Bitcoin. But they should have do this when it's still cheap and not complicated. I don't think people use their bitcoin just to buy foods. Transaction fee is crazy.
387  Alternate cryptocurrencies / Altcoin Discussion / Re: ANY ADVICE ON ICO PROMOTION? on: December 01, 2017, 04:14:23 PM
You're at the right place. This site alone can do many things when it comes to promoting ICO projects. First, you must create you're ANN thread here https://bitcointalk.org/index.php?board=159.0
Don't forget to include your whitepaper and otyer stuffs there. Some ICO projects run bounty programs like social media campaigns like twitter and facebook campaign, Bitcointalk signature campaign, articles and more. You just have to hire reputable manager here to promote and work on your ICO project.

You're project seems good. It has low supply. Just a proper marketing. It will be successful.
Hope your project succeed.
388  Alternate cryptocurrencies / Altcoin Discussion / Re: how much can ripple reach by year end? on: December 01, 2017, 01:23:10 PM
I don't think it can even reach $0.35 before the year ends. It's all on Bitcoin right now. Unless Ripple has something to announce before the year ends. Ripple is a good investment. Just waiting for the right time to buy since Bitcoin is really dominates the market and make all cryptocurrencies bleed. Anyway, you ask us if Ripple can be the next Ethereum or Bitcoin. The answer is no. It's not decentralized at all. People loves decentralization. Though it has a really good feature. Like scalability. Can handle 1500 transactions per second. That's impressive. But it's centralized altcoin. Aside from that, Ripple has the total power over supply https://ripple.com/xrp-portal
389  Economy / Trading Discussion / Re: Bitcoin Day Trade on: December 01, 2017, 12:57:12 PM
I prefer long term than day trading. Day trading is quite risky. Wild swing of price can easily make your money easily drained. So i take my time and make some study first before buying. Im doing day trade also. Though im not doing this often, it gives you a lot of profit than long term. But most of my quick trades are mostly missed my targets. Also it's time consuming. I don't have much time to trade because i have a lot of things to do. Most of time i spend it on school and trainings. Day trade can cost you so much time because you have to monitor your trades.
390  Bitcoin / Bitcoin Discussion / Re: Paypal VS Bitcoin on: December 01, 2017, 12:14:15 PM
That depends on your goal. If your goal is to make it grow. Then Bitcoin is a perfect for you since Bitcoin can grow instantly and you can even make it doubled. Paypal is a worldwide online payment system that supports online money transfers and works as an alternative to traditional paper methods. Anyway, Paypal is at NASDAQ and it's price is at $75. Way too far from Bitcoin which cost $10k a piece. It's pretty obvious that Bitcoin is the winner here. But Bitcoin and Paypal can be a perfect partner. Converting Bitcoin to fiat thru PayPal. But as of now, i have not heard any news about Paypal for a long time.
391  Bitcoin / Bitcoin Discussion / Re: Are you taxed on Bitcoin? on: December 01, 2017, 11:52:24 AM
Not in my country. They don't charge me taxes and i don't think they'll bother to find out that im using Bitcoin or any cryptocurrencies. I think they will charge me tax if i report my income statement. But that's not gonna happen. I'll let them find out before i pay for what they charge me. Actually in my country (which is Philippines), there's no such law pertaining to digital currencies or cryptocurrencies. But im willing to comply if ever they implemented such law. But im sure im paying tax whenever i conver my btc to fiat.
392  Bitcoin / Press / [2017-28-17] Regulation Round-Up: Kenya, Ghana and Algeria Fudding and Fighting on: November 28, 2017, 12:24:25 AM
Regulation Round-Up: Kenya, Ghana and Algeria Fudding and Fighting Bitcoin

Governments across Africa are striking a firm tone regarding bitcoin and cryptocurrencies, with Algeria’s congress expected to ban all cryptocurrencies, and Kenya’s central bank warning against the risks of cryptocurrency, and an advisor to Ghana’s ministry of communications describing “fear of the unknown” as the principal barrier to greater adoption of virtual currencies. In other news, a Kenyan man has negotiated to pay the ‘goat portion’ of his dowry using bitcoin.


Kenyan Central Bank Fears Bitcoin May Comprise “Ponzi Scheme”

Regulation Round-Up: Kenya, Ghana and Algeria Fudding and Fighting Bitcoin and CryptocurrenciesThe Governor of the Central Bank of Kenya (CBK), Dr. Patrick Njoroge has warned Kenyans against the risks and lack of protections afforded to cryptocurrency traders. Referring to a previous warning issued in 2015, Dr. Njoroge stated that the CBK “warned everybody that this was a risky venture and the consumer is not protected. It could very well be a Ponzi scheme of a kind, I think you have seen how the prices have gone up and down in various places. Our point is that there is risk and it is important that everybody knows that those risks can come back to haunt us and could have financial stability concerns.”

Despite the warning, Dr. Njoroge recently expressed his hesitance to rush to regulate cryptocurrencies, describing the CBK as being “open” to innovations in financial technology. Speaking at the recent Global Financial Forum in Dubai, Dr. Njoroge stated: “If you’re the regulator, you have to be careful that all risks are taken care of, including in cryptocurrencies, but we’re very open to innovation.”

Kenyan Citizen Arranges to Partially Pay Dowry Using

Bitcoin Rather Than Goats
Regulation Round-Up: African Governments Hesitant on Bitcoin and CryptocurrenciesThe topic of bitcoin has been in Kenya’s news cycle recently, following Kenyan citizen, Anthony Mburu’s decision to pay a portion of his dowry using bitcoin. The young bitcoin miner negotiated to pay the ‘goats portion’ of his dowry using bitcoins – and has so far paid the equivalent of 25 of the 100 required goats.

The 26-year-old Mr. Mburu quit university in 2010 only one semester into an engineering course. Mr. Mburu recently discussed his decision with Kenyan media, stating “Formal education is good. It will give you an average life. You’ll eat, have your mortgage, car loan and all that — live an average life; struggle through life to the end.” Since discovering the cryptocurrency, Mr. Mburu states that his entire life has come to revolve around bitcoin. “Everything is bitcoin. Where I live, bitcoin; what I drive, bitcoin; investment, bitcoin. It will be a bitcoin wedding,” he said.

“Fear of the Unknown” Hinders Ghanan Bitcoin Adoption
Regulation Round-Up: African Governments Hesitant on Bitcoin and CryptocurrenciesGhana’s cybersecurity advisor to the ministry of communications, Albert Antwi Boasiako, has described “fear of the unknown” as the principal barrier to greater cryptocurrency adoption throughout the African nation. Speaking at the recent Ghana Blockchain Conference, Mr. Boasiako stated “We have our fears about cryptocurrency but discussions are still going on. Our country is still hesitant to adopt Bitcoin as a legal tender is the fear of the unknown.”

Mr. Boasiako emphasized the need for Ghana’s tech community to mobilize in order to demystify cryptocurrencies, stating “We are battling fear, the state doesn’t want to move forward because it doesn’t know what’s there. To demystify cryptocurrency, we need a community-driven agenda. We need to strategically demystify the misconceptions around cryptocurrency and get it integrated into the government digitization agenda.” Mr. Boasiako suggested the establishment of a “working group on cryptocurrency that has members from stakeholders like the Bank of Ghana,” recommending that such a body should closely monitor developments in the sphere of cryptocurrency regulation in other jurisdictions.

Algeria to ban All Cryptocurrencies

Regulation Round-Up: African Governments Hesitant on Bitcoin and CryptocurrenciesLast month, it was reported that Algeria’s congress had begun to consider new financial legislation that would see all cryptocurrencies banned throughout the country. The ‘2018 Finance Bill’ states that “The purchase, sale, use, and holding of the so-called virtual currency is prohibited. The virtual currency is the one used by Internet users through the web. It is characterized by the absence of physical support such as coins, banknotes, payments by check or bank cards,” specifying that “Any violation of this provision is punished in accordance with the laws and regulations in force.”

An accompanying memorandum emphasizes the concerns that bitcoin’s potential anonymity sparks among Algerian lawmakers, stating “Algeria hopes to establish a stricter control over this kind of digital transaction, which can be used for drug trafficking, tax evasion, and money laundering thanks to the guaranteed anonymity of its users.” The document asserts that despite cryptocurrencies having “long been the prerogative of illegal transaction,” they are able to “get rid of their bad reputation in democratizing and attracting a wider audience.”


They have a point. But if they ban cryptocurrency. Do they think illegal stuffs their will end? I don't think so. They must have deeper study about this first. Before doing such harsh decisions. Some of their neighborhood countries are now embraced cryptocurrencies. They just have to set regulations to regulate users.
393  Economy / Trading Discussion / Re: Volatility on: November 27, 2017, 02:37:04 PM
Is volatility over in cryptocurrencies? Nothing is moving.

Nope. Volatility is the nature of any cryptocurrency because it's just based on speculations. There are several factors that cause volatility to the market. Like cryptocurrency market is small. So even small movement has a huge effect at the price. Big players or whales holds huge amount of supplies. Means, the price can be controlled by them. And as said, Cryptocurrencies are highly just based on speculations. Hyped cryptocurrencies are more likely to grow because people think it will pump in the future. Like Bitcoin for example. Bitcoin is too hyped right now. I've heard that some huge companies like stock exchange will join Bitcoin. So people expect Bitcoin to pump since Bitcoin will now be at the stock exchange because of it integrates at stock market.
394  Economy / Trading Discussion / Re: taking some money off the table - what to sell? on: November 27, 2017, 02:16:20 PM
That's a smart thing to do. Diversifying your portfolio. Don't put all your eggs in one basket. That's what they say. Go look at https://coinmarketcap.com
I consider top 10 cryptocurrencies as good investment options especially Ethereum.
Ethereum is undervalued but good to hold for long term because it has a good future.
Bitcoin cash is good also. Better keep it. Keep Bitcoin also. Maybe 50% for Bitcoin and 50% for altcoins since Bitcoin is really dominating the market and altcoins can fail. Here are other good altcoins to invest IMO.

1. Iota
2. Neo
3. OMG

Good luck.
395  Alternate cryptocurrencies / Altcoin Discussion / Re: Large Investment into Ethereum? on: November 27, 2017, 08:23:25 AM
I think it will drop more because bitcoin is still very dominant right now. It sucking huge volume at the alt coin market. So maybe altcoin market will fail a bit. Ethereum is stable right now but i think it will not last. It's price will drop slow in a matter of days. So wait for that moment to make a good entry. Besides, Ethereum is at it's highest peak right now. It's not safe to make an entry on peak because others may dump later. But it's up to you. It's your money anyway.
396  Economy / Speculation / Re: why this pump ?? on: November 26, 2017, 11:46:06 PM
Well, it's because there are now many big players are joined Bitcoin. I've heard that many big personalities are already invested on Bitcoin. Recently, JP Morgan admitted that they can't beat Bitcoin. Countries like Iran already welcomes cryptocurrency to their territory. The massive adoption of Bitcoin causing a huge leap at the price. Expect that it will pump even more because some Foreign exchanges and banks are joining Bitcoin. I think Bitcoin will hit $10k. In addition for this, is the hardfork. So many people are just holding Bitcoin to obtain some hardfork coins. It fuels up the pump and it will continue to record all time highs.
397  Bitcoin / Legal / Re: Bitcoin in India on: November 26, 2017, 02:53:17 PM
It's not illegal there. Reserve bank of India is not going to regulate Bitcoin, they stated  But you can't expect central banks to be friendly to bitcoin. There's still chances that they implement a total ban to Bitcoin. https://www.google.com.ph/amp/s/inc42.com/buzz/cryptocurrency-bitcoin-india-cme-group/amp/.  Anyway, bitcoin adoption there still small. So government should not alert by Bitcoin there. India just launched their own exchange. This is a good sign.
398  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can ETH Touch 500$ in new year? on: November 26, 2017, 02:37:50 PM
Possibly. Actually, it's achievable. Or maybe more than that, because only few bucks away to reach that price. So reaching that price is easy. Right now, it's slowly climbing up and the volume seems fine even though Bitcoin is sucking most of the volume from altcoin market. I think it's just a matter of week before Ethereum reach that price. Sad to say i have not buy some when it's still cheap. Now, i just have to wait more. I hope it drops a bit, so i can make an entry.

I predict Ethereum may reach $550-$630 by the year end.
399  Alternate cryptocurrencies / Altcoin Discussion / Re: Do we Need Altcoin? on: November 25, 2017, 11:31:22 PM
We still need altcoins. Altcoins are created because of Bitcoin. Bitcoin is not cheap at all.The fees are very high. People wants a cryptocurrency which suits on what they need. Bitcoin still needs to develop. That's why to create alternative cryptocurrency is the option to use a cryptocurrency that meets their needs. Altcoins are created with different on usage. Crypto for healthcare, anonymity, banking etc. But theres too many shitcoins are being created without any purpose at all. Now, it's all about money. Some of them are scams.
400  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Diamond?? on: November 25, 2017, 02:43:39 PM
They are just using the name Bitcoin to make some money. Bitcoin Diamond is new though. I thought Bitcoin Silver will be the next hardfork. Then i saw this. It's already on Binance and it's kicking. But unlike the other bitcoin hardfork. It's supply is bigger than previous hardforks. With over 200 million BCD total supply. Expect the pump on Bitcoin because everyone like harkfork coin. Who don't want free money? It will be dumped later. Expect the altcoin market slow movement because Bitcoin is sucking most of the volume in the market. I think it will last for weeks.
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