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May 05, 2024, 05:49:50 AM *
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1221  Economy / Economics / Re: Bitcoin as a leading currency? on: May 05, 2017, 03:41:01 PM
This argument have been discussed several times and equally laid to rest. Its a simple fact that was even included in the White paper if I am correct that the amount of BTc required to purchase any amount of commodity will reduce as the value of BTC increases and that will solve the issue of limit in the quantity available to go round considering that some will even be lost forever.
1222  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Tools and websites for Alt trading on: May 05, 2017, 01:39:59 PM

polo, coinmarketcap
these all know mate i mean anything from where we get buy signal

If you are looking for the bolded part, I am sure you will just fall into the wrong hands because even if its available they are guided jealously and we have seen several people selling signals even on the forum but at last its just based on predictions which could either be true or false. I will suggest you just read the thread and intelligents comments from there you can then make your decisions.
1223  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Breakout New!!! ARK pump! on: May 05, 2017, 10:54:27 AM
You must be one funny guy and I am sure you are one person that never believe in the project right from the start and now using that as a joke on others that took the risk. But one thing I am sure of is that so many doubts has been casted against bitcoin at some point without leaving out ETH or LTC but today they are doing quite well to a large extent. So, dont be surprised that the one you are mocking now, can turn out to be a gold mine in a very short time.
1224  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Breaking News!! ETH Breaks $100!! on: May 05, 2017, 09:38:48 AM
Well there you go. Despite what all the haters and Spoetniktards lies ETH has now broken through $100.

Next target $1000 by end of 2018 so this is your last chance to buy cheap ETH.

http://www.coindesk.com/ethereum-ether-100-price-historic-first/

Wow this is an awesome news for the investors into ETH, in the last 9 months or so when I heard about ETH its was hovering around $11- $13 dollar which was constant for a long time and people begin to cast doubt about the potency of the project like developers just created then went to sleep despite the potentials embedded in the project but with recent happenings, I must say ETH is getting back to its rightful place in the crypto community...
1225  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TOKENCARD on: May 04, 2017, 08:14:00 PM
It seems this project is another big and successful project to be watchful about or I am wrong? Looking at the website now only to discover that majority of the option available to invest have been fully subscribed and even over subscribed. The only option is now to convert whatever fund one has to the remaining open options.
1226  Economy / Exchanges / Re: Can't Withdraw BTC from BTC-e on: May 04, 2017, 07:49:36 PM
you need to contact btc-e support team, there is nothing we can do for you here. they have disabled withdrawals for "your" account. so you need to ask them what the reason for it was.

it can be a simple reason like you changing your password in the past 24 hours.

Sometimes I wonder how people turn a simple matter to a big deal I believe its until when all options have failed that you come and open a thread. There was a time I attempted withdrawing from an exchange site, I was sent the link, I ckickeed but didn't see the funds days passed until I open a ticket which took additional days before I was told I never even clicked the link because I clicked on a mobile while I was working on a laptop and immediately I did this, the coins landed. So support is the first call rather than the forum.
1227  Economy / Economics / Re: Trump says he's open to bringing back Glass Steagall on: May 04, 2017, 07:14:36 PM
The old law as its own advantage as well as its deficiencies my won position is that their functions should actually be separated so they can focus on what they are to do. But today, we still have some banks specifically running investment banking such as Goldman Sachs. But I feel the deficiencies of the is what should be looked into and improved upon rather than absolute repeal.
1228  Economy / Services / Re: I´ll pay 100$ if u have a coinbase account on: May 04, 2017, 07:36:36 AM
Does the money belong to the Nigerian prince of the widow of the deceased king? Why will anyone let you abuse their bank account? If you are not from the USA but is taking payment as someone in USA is itself a fraudulent activity man.

What does being a Nigerian have to do with what OP is trying to do now? For the fact that he is not from USA then automatically makes him from Nigeria? @Op I have every reason to beileve what you are doing or about to do is shady because if not that it is, I expect you to use your account to make the post rather than creating a new account to post this shit and expect someone who is ready to sacrifice his entire life for a $100 which could even led to prison. KYC is real
1229  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: May 04, 2017, 05:46:05 AM

Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?

Of course I believe bitcoin has in no small way improve the economy of a country and not even to those countries that have accepted bitcoin alone and the reason for my conclusion is simple. Majority of all of us here are from different countries in which most of these countries have not accepted bitcoin as a currency but we all earn an amount or the other which we all contribute back to our various economy which indirectly can be regarded as bringing in income to the country looking at it from the economic point of view.
1230  Economy / Service Discussion / Re: what about ethtrade.org ? on: May 03, 2017, 06:28:38 PM
I have came across this site sometimes last year and I was impressed with its interface and the service it purport to offer but the moment I realised that its an HYIP, I just bolt and I didnt even believe it will still be around for one year. I expect to see testimonies from those that have joined them and have equally see the returns they promised maybe others can consider definitely not me.
1231  Alternate cryptocurrencies / Altcoin Discussion / Re: Will ETH overtake BTC in market cap? on: May 03, 2017, 04:14:42 PM
I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

All the hype we are seeing in other alt including ETH is what I see as hype. The ETH is a fantastic idea which will go along way if the developers are giving it the necessary push and even may later be as an alternative to bitcoin but overtaking bitcoin is something that will not happen anytime soon. Bitcoin penetration has gone so deep that even people outside the forum and even much more than those in the forum know nothing about crypto other than bitcoin that alone is an edge for bitcoin over others.
1232  Alternate cryptocurrencies / Altcoin Discussion / Re: LIST - Projects with terrible initial distribution - highly manipulated schemes on: May 03, 2017, 02:19:17 PM
Even though I am not yet here or not aware when the distribution of the projects you have there, but I am sure you have your reason or reasons why a project is earning a spot on that list. However, the one that is still fresh and that I have seen is the Qtum. I will want to know your reason why that is there and for you to conclude that 'highly manipulated schemes' . I will prefer and appreciate a response.
1233  Bitcoin / Bitcoin Discussion / Re: What makes the bitcoin price stronger in the market? on: May 03, 2017, 12:33:35 PM

There are aspects that make bitcoin users more and more convinced that bitcoin is a good place for investment so now bitcoin prices are rising in the market!


The reason why we have increase in the price of bitcoin which is being interpreted to be 'stronger' in the market as clearly enumerated by OP, could be due to several reason and at this time, I can clearly in my own opinion ascribed it to two factors which are:

1. The influx in the number of people getting into bitcoin and the people already are not leaving  so that is a reason.

2. Another is the recent news in the crypto space which has been good in all angle from Japan to several other countries. This has equally increase the level of confidence in bitcoin which metamorposed into increase in price.
1234  Economy / Economics / Re: US Dollar Collapsing on: May 03, 2017, 11:17:12 AM
The US dollar or any other currency of the world have faced one challenge or the other towards its part to evolution and various policies have been implemented in other to control this issues from falling out of place. But the issue is that, its true the value of currency will drop but its not really a bad thing because even for an economy to grow in an healthy way, there should be mild inflation which means the value of the currency will drop but the problem is always at what percentage in which I believe the dollar is doing quite well compared to other currencies of the world.
1235  Economy / Economics / Re: Bitcoin Japanese exchanges increasing on: May 03, 2017, 09:51:16 AM
This is actually a good development in the right direction and this is something I really clamour for and I see the effect from the news from the Chinese government having little or no effect on the price of bitcoin. It also shows that the popularity of bitcoin is getting to the point where it cannot be stopped and government that wants to stay relevant in this world of digital money will have to fall in line or fall out of place.
1236  Economy / Economics / Re: A Federal judge in new York has not recognized bitcoin as money on: May 03, 2017, 07:09:44 AM
A Federal judge in new York has recommended to cancel the charges of money laundering on local business based on the definition that Bitcoin does not fall under the definition of money. Instead, the judge Hugh B. Scott ruled that Bitcoin is more like a commodity. While he noted that Bitcoin might one day become so reasonable that it can be considered as money, Scott suggested that he currently has more in common with collectibles such as trading cards and other novelty items.
The case involved a 31-year-old man who allegedly sold Bitcoins for $13 000 to the agent in an attempt to launder money and distribute drugs. However, the interpretation of Scott was adopted by the district judge of the United States Charles Siragusa, who expressed skepticism about the possible consequences.
This is a controversial issue, so lawyers for the defendants said that they will try to withdraw the petition. In this situation, the protection refers to the scepticism of Siragusa as a defining factor in their current strategy. Lawyers of the defendant also stressed that their client is in no way connected with the so-called darknet market and just traded Bitcoins, like other trading "baseball cards, stamps or coins."
I really don't have any issue with the interpretation the judge is giving because everyone is entitled to his/her opinion the same way we have other people who believes bitcoin is a form of HYIP but whats different here is because the Judge is in a position in which his opinion is having some influence over others and until there is a clear cut law on the subject matter, there will always be issue like this going forward and another judge in Nebraska can think differently on the same issue.
1237  Economy / Economics / Re: Bank of Korea's research on crypto and FIAT currency on: May 03, 2017, 06:01:57 AM
South Korea’s central bank has published a new working paper analyzing a dual-currency regime by pitting cryptocurrencies against traditional fiat currencies. Fiat currencies have been historically known to decrease continuously, the authors confirm, due to inflation and the factor of new money pumped in to the supply by the central bank, also known as quantitative easing. Bitcoin, in stark contrast, has a fixed supply which would imply a “deflationary bias”, the authors note. However, security or trust issues – the decentralization of digital currency and the absence of insurance provided by governmental authorities – may prevent digital currency from being used as a store of value. Instead, digital currency may be used as a medium of exchange dominantly.

Do you agree with this research result?



The outcome of this report is very on point which is something that have been subject to discussion even on this forum several  times. Bitcoin has its advantages which has equally enumerated but the concern is the regulation as well the security because his do a company guarantee my returns if I keep my btc with them? In a case where there is crash in the price of bitcoin how do they even account for such losses? How do government even regulates the activities of such entities considering the anonymity. These are issues that are very much valid in which I believe are still standing in the way of bitcoin.
1238  Other / Politics & Society / Re: Russia has drastically increased its military spending over the past 10 years on: May 02, 2017, 08:19:15 PM
Based on what you have there, its just a show off and the reason why they are spending so much on the accumulation of weapons, is best known to them. However, I don't see all those physical artillery as an achievement so to say because the war that will be fought (if any) will not be fought based on the number of fighter jets or even, the tanks the helicopters its basically going to be a chemical war which on the basis of the amount of nuclear and anti-nuclear weapons.
1239  Economy / Exchanges / Re: What is the on: May 02, 2017, 06:51:59 PM
Dear Friends

Which is the most reliable and cheap place where I can create a wallet and that charges cheaper rate to convert from eth to btc?

Thanks
Almir

There is really no cheap answer to your question because not everybody uses all the exchange sites that are available but there are some that I have used in the past which is cex.io  but you can just google it and be sure they are legitimate ones so as not to loose your resources. Then compare the fees in other to arrive at the price you can afford to part away with for the services you will be receiving.
1240  Economy / Economics / Re: Nowhere to Hide: IMF Advocates a Cashless World on: May 02, 2017, 05:36:57 PM
Quote
“The European Central Bank (ECB) does not want that depositors to keep their money under the pillow. If any bank in Europe goes bankrupt, then depositors have a guaranteed right that the state will return them the amount of up to 100,000 euros. But not more,” the economist told Sputnik Germany.

https://www.lewrockwell.com/2017/04/no_author/totalitararian-dream/

The banks and the IMF should have no say whatsoever how any of us decide to hold our money.



Whether we like it or not, a cashless world is already here. What they are doing is trying to enforce it more by bringing more people into the banking net and nothing more because even those of us already using banks and have some level of expertise in the use of technology would prefer cashless to anything even up to the point of the payment for coffee or burger and the same thing goes bitcoin as I have seen people having quite an amount of btc without physical coin and that is also cashless.
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