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41  Bitcoin / Bitcoin Discussion / Re: How twitter affects the price of Bitcoin on: October 07, 2018, 01:36:12 AM
Twitter will not have any effect for the price movement because in my view twitter is only a tool to carrying bad news or positive news and back again it all depend on the people who spread the particular news which make the price down or up so if the price starting to dropped we cannot blame social media because people who behind it already make the price difficult to up again

Don't you think your words against your statement? since many famous and knowledgeable bitcoin investors and traders who sometimes express their opinions about what's happening in crypto-world or just give some advice. Moreover, most of the crypto-sites has an account on Twitter which used to spread the news regarding bitcoin. so, we can say; twitter directly or indirectly affects the price of bitcoin as one of the social media.
42  Economy / Service Announcements / Re: CryptoTable - Compare cryptocurrency prices at crypto exchanges in one place. on: October 06, 2018, 11:55:14 PM
Don't waste your time for complex charts and overworked interface - check out CryptoTable.

How long have you developed this site? Your website design is simple which makes it pretty easy to understand the information, keep the good work and improve over time.

3. Exchanges reviews

Read about cryptocurrency exchanges you want to work with, their main features and advantages. Choose appropriate exchange.
I read few of the reviews and honestly, I was hoping to see a much more in-depth reviews (pros and cons, based on the actual experience of users).

In this case @Cryptotable; there are many in-depth reviews regarding some exchanges I've ever read, some sites present many reviews from the user experience, so you can find it and put the link below it or put some on the exchange reviews. Good luck
43  Economy / Trading Discussion / Re: What is going on in the market? on: October 04, 2018, 04:44:55 PM
Lots of things going on in the crypto-market, 24 hours and 7 days. But in terms of the bitcoin market, currently the price is in normal range, fluctuate within $6,800 to $6,500 since September 22. Many people have been saying that BTC could soon witness a bullish or bearish breakout $8K which the last time in July as it has never reached that price since then. For a breakout, bitcoin's price needs to break the wall of $7K which seems can't be achieved without any big news to encourage people to switch their investment back to bitcoin. According to some trading sites, bitcoin will reach $7K in November and reach $10K by the end of the year, probably driven by SEC decision again.
44  Bitcoin / Mining speculation / Re: TRIPLE-1, Inc. 株式会社 松島 KAMIKAZE 7nm SHA-256 ASIC on: October 04, 2018, 02:50:31 PM
Looks like Rahar misplaced the decimal! At that rate its probably cheaper to run a gasoline generator haha.

My calculation for 1 year revenue with the eco spec machine:
$608
Assumptions:
$0.05 per KW/h
7% difficulty increase per month
3% BTC/USD exchange rate increase per month

Hopefully Triple-1's pricing will be reasonable...

Used https://tradeblock.com/bitcoin/mining

Ah yes, pardon me, misplaced the decimal, been a long time since the last time calculated this stuff Grin.
with $0.08 per kWh, the initial result should be BTC0.01467 or $52.27 profit/month.
Thanks for the link.
Yeah, waiting for the price, if it cost around $1300-$1500, we may break even in 2 years🤔, but hopefully btc price goes up to counterbalance rising of the difficulty over time.
45  Bitcoin / Mining speculation / Re: TRIPLE-1, Inc. 株式会社 松島 KAMIKAZE 7nm SHA-256 ASIC on: October 04, 2018, 12:08:11 PM
We had about 45min call with them, guys seems very nice and serious. It seems like currently they are focusing on Japan market and need some more time for sample for international market.
We will update as we know more, maybe we will talk to a japanese friend of ours to reach also out to them and check company in person.

It's been a while since I abandoned mining information and stop aiming this field as the difficulty increase significantly but the price goes down which barely give profits according to the electricity costs, but reading this topic makes me interested.
Honestly, not sure whether mining profitable or not these days, check this.
Eco spec machine: 14.5 TH/s, 750 W power consumption, $0.8 KWh, and 1% pool fee > the results is - $336 (minus), far away from profit.
I check coinwarz calculator but the result doesn't make sense.
However, some members really helping to look for more details, so this thread worth to watch over periodically.
46  Bitcoin / Press / Re: [2018-10-01] Massive 'Inevitable' Bitcoin Prediction Made By Malta's PM on: October 04, 2018, 05:12:22 AM
Muscat is a visionary Prime Minister, bitcoin and blockchain have so much room to grow. Hence Malta becomes blockchain-island, operate with a system that offers the fully regulated environment for crypto business. It's not just Binance that want to invest by moving its exchange to Malta, but some exchanges such as OKEx and BitBay set up operations on the island as well.

The more distributed the crypto industry is, the stronger it is, and the longer it will last.

Although there are some places and even countries regulate cryptocurrency and create an ideal environment for crypto-transaction, but we need more people in governments to realize the advantages of this technology and encourage moving forward to another bitcoin-friendly country, vires in numeris.
47  Economy / Economics / Re: Bitcoin x banks on: September 26, 2018, 04:39:36 PM
I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.

So how far from that  you guys think we are now?

Not anytime soon, even for 5-10 years imho. Central banks control monetary policies and controlling the nation's entire money supply, which mean the bank will stay around for decades or centuries as long as the country has an official currency. On the other hand, bitcoin is a decentralized monetary system, but it can work perfectly fine as a medium of exchange just like fiat currency. Probably banks will become obsolete if a country no longer has an official currency, in Zimbabwe and Venezuela where inflation goes crazy and their currencies worth almost nothing, banks still exist though.
48  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Mass adoption on: September 21, 2018, 05:58:29 PM
I don't think bitcoin was intended to be adopted en masse, some flaws must be overcome especially in terms of transaction speed, but that's something that must be solved later.
Some good ideas around, want to propose it as well; >>
here are some tips.
1. organise a local meetup of like minded bitcoiners in your area. the more that turn up the better as it shows there is a demand for wanting local stores to sell things for btc.
2. find the confident ones that can talk about the benefits of bitcoin.
3. organise or research how that store can swap its BTC back to fiat or pay staff/suppliers in BTC. this might be as simple as one of the meetup members who wants to buy btc often just buy it off the store manager hand to hand. or just learning how to sign a store up to a payment/merchant service like bitpay/coinbase.

then approach the store with the advantages, including demoing how easy it makes things

Nevertheless, bitcoin isn't relying on central authorities, but at least we need government to allows people to use bitcoin as a medium of exchange. In fact, many countries prohibit bitcoin used in buy and sell activities though, citizens can trade bitcoin but not use it in the daily transaction. But for the start, "local Bitcoin community" is a great idea, where people can gather and discuss about using bitcoin under the radar Grin, just between the enthusiast. Local store, retailers, shops in the city and then moving forward for the whole region of the country.
49  Bitcoin / Press / Re: [2018-09-21]US SEC Asks for Further Comment Regarding VanEck Bitcoin ETF on: September 21, 2018, 03:39:19 PM
they will still reject it because they might not want to contribute to even more power for Bitcoin. Don't forget that Bitcoin is a counter reflection of the regular economy; the more Bitcoin increases in value, the more the regular economy deflates.

Totally agree, more likely it will get rejected again because of the market can easily be manipulated by big whales, can't deny it how easily to influence people to buy and sell bitcoin. People follow the profits. The SEC can say ETF proposals aren't adequate to prevent fraudulent and manipulative acts and practices, end of story.
If we think about it, bitcoin ETF has no chance to be approved as most of bitcoin trading volume occurs overseas, no one can guarantee price stability of bitcoin.
Moreover, bitcoin ETF will harm the price as bitcoin futures did to this market, instant pump and then fall to the ground, left many people in miserable debt.
50  Economy / Trading Discussion / Re: Why does anyone care about BTC ETF? on: September 14, 2018, 11:58:45 PM
Of course, many people care about it as the impact will be significant, but not everyone expects bitcoin ETF to be accepted though.
Some say ETF could harm the bitcoin market and others contrarily, but one thing for sure is traditional financial institutions and more investors will acknowledge bitcoin and brings a huge influx of money to the market. Nevertheless, the chances of an ETF proposal get accepted are small due to SEC wants the proposals in some way deterring fraud and manipulation but the vast majority of bitcoin trading occurs outside of the US, which means there is no way to ensure protection against manipulation.
51  Economy / Service Discussion / Re: Can the Google Chrome extension Cryptotab really get you $50,000 a month? on: September 14, 2018, 08:46:45 AM
I don't think anybody can make that much but I heard about people joined early that are making $500-$1000 a month.
I joined about one month ago and already have more than 800 referrals and I am making about $1 per day worth of bitcoin.

You have answered your own question. Problem solved.
Honestly, I'm more curious about; how you got 800 referrals in one month? even get 50-100 people to get into extension mining in a month is pretty hard for me Cheesy
However, you have withdrawn btc payment, right? and buy NIM equal to $1 per day.
Have you calculated how much electricity to run the extension? how many hours per day?
and this web> "7bitcoins" < belongs to you? looks like you are trying to promote NIM as well.
52  Economy / Speculation / Re: Bitcoin may reach $ 20,000 by the end of this year? on: September 12, 2018, 03:21:33 PM
2017 can be said to be the boom year of the cryptocurrency market, Bitcoin has reached the highest price of 20k$. All of us have been looking forward to a cryptocurrenc's steady growth in 2018. But the market is constantly falling, many expect it to rise sharply by the end of 2018, But I do not trust,

Bitcoin started around $900-$100 in January 2017 and reach $13,400 in January 2018, we know that was an intense pump, but then corrected sharply.
The market becomes optimism when bitcoin price soar to $8K in 25th July, but in the past week bitcoin dropping from $7300 to $6200 which created another disappointment. Therefore, the best thing for everyone is; do not expect too much for the price to rise up significantly in this year, forget about $20K, be grateful for the current price at $6200. Nevertheless, bitcoin is unstoppable, as long as we believe in this technology better than fiat currency and use bitcoin as a medium of transactions, it just time matter until traditional financial institutions acknowledge bitcoin, even supercars dealership accept bitcoin1.

[1]https://bitcoinist.com/bugatti-rolls-royce-bentley-retailer-begins-accepting-btc-and-bch/
53  Economy / Economics / Re: After Nine Bitcoin ETF Rejections! What is the Solution to Mainstream Adoption? on: September 05, 2018, 11:48:53 PM
ETF is one of the solutions to increase the fame of bitcoin when the price skyrocket once again, but it's not the solution for mainstream adoption. Believe it or not, bitcoin created not meant to be a mainstream means of payment due to some limitations.

Although we want it to be, bitcoin isn't ready yet and many changes required, but the most important is a country acceptance. We can't use it as much as we want if the government does not acknowledge it as a legal payment method, and layman won't accept bitcoin in their business, merchants or store.
The solutions? Deal with the government and bitcoin core.
54  Economy / Economics / Re: Evolution of Money on: September 05, 2018, 11:25:25 PM
Well, it's really a cool article makes you realized of evolution and the creation of money.
Surprisingly, paper money seems like created wealth out of nothing, if you think about it, financial institution or central bank reserves the right to create the money based on their assets and liabilities. However, as paper money valuable out of nothing, printing as much money as possible is not a solution to overcome economic problems, because it will lead to inflation, moreover all central banks in each country are subject to World Bank rules. Hence, in this case, the perfect form of money is silver or gold as there is a rule called "pseudo gold".
55  Bitcoin / Bitcoin Discussion / Re: ETF's might not be good for Bitcoin on: September 05, 2018, 03:19:48 PM
The truth is that if ETFs without 100% collateral are accepted by the SEC, then we will see price supression for many many years.

The last spike was driven by some bitcoin futures contracts which push the price to the new ATH but now, here it is around $6900-$7000. No wonder why many people want ETF approval so that the price can exceed $20K, simply because they want profits, although the price will fall again.
Nevertheless, SEC rejects the Winklevoss brothers’ ETF application in July, and the van eck/solid x proposal will be decided by the end of this month, probably will be rejected as well. Not an easy task to fulfill the requirement that national securities exchange's rules design to prevent fraudulent and manipulative acts and practices. The thing is, SEC will make the decision whether ETF will be approved or not, whether we like it or not.
56  Economy / Service Announcements / Re: List your Token on Exchange on: September 03, 2018, 03:10:17 AM
So, the name still in secret, whether you guys have launched the exchange or not?
It's confusing, keep it in secret like it's not launched yet but you said; the exchange fully regulated in Malta and Switzerland which mean the exchange has been running, or else the exchange can't get authorization in those countries.
57  Economy / Service Announcements / Re: List your Token on Exchange on: September 02, 2018, 10:44:15 PM
What is the exchange name? At least you should mention a link to access the exchange.
Moreover, 10 million orders per second is incredible, even binance consider as remarkable exchange only capable of processing 1.4 mil orders/second.[1]

[1] https://boxmining.com/binance-exchange-review/
58  Bitcoin / Bitcoin Discussion / Re: Fees have been low after Segwit's growing adoption. Thanks Segwit. on: August 30, 2018, 10:20:31 PM
It really surprises me how many people and services are still not using Segwit though.
Now, these last couple of months, the percentage of Segwit transactions has steadily risen to just under 50%, but that can still be much better.

Indeed, segwit adoption improving transaction speeds and lowering costs and this feature has been around for over a year but still, there are many exchanges and wallet providers not integrating it. Although segwit has significantly decreased the number of pending transactions in the Bitcoin mempool but I would like to see it tested during high-rate transactions per second such as happened before when bitcoin price spike to $20,000 whether it’ll prove to be invulnerable to spam attacks in its current incarnation or not. To deal with it, the ideal number for segwit adoption needs to be at least above 75%.
59  Economy / Trading Discussion / Re: What is your opinions about today's trading? on: August 25, 2018, 02:43:07 AM
We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit?  

We've been in this bear market for months, the market seems run-down and crypto price struggling to maintain its price which means short-term trading isn't a good option and do not expect to gain big profits anytime soon. in fact, it's the time to amass some valuable coins into your pockets, that's what I'm up to these days.
60  Bitcoin / Press / Re: [2018-08-20] After the Bitcoin Boom: Hard Lessons for Cryptocurrency Investors on: August 22, 2018, 11:19:16 PM
Fooking pitiful reading here. After all this time and the relentless grind of 2014/15 I truly do not understand how these people didn't think the exact same thing could happen again, even more so when there was more empty shit than ever ready to relieve them of their money.

It happens due to the same logical reasons.
1. People find out bitcoin is a great decentralized technology that has the potential to grow up bigger over time, but the fact is they didn't know when it will fall.
2. Fear of missing the opportunity to gain profits and fear of missing out really play the role,
3. Average joe didn't know what will come at the peak, just invest in order to get profits which turn out the opposite.
4. Taking a loan to enter the market make it even worse for them.
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