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1101  Economy / Speculation / Re: Warning: Bubble about to pop. on: May 08, 2017, 04:02:17 PM
The 2013 peak was caused by a hack, a bot at MtGox, not by real market trading. It is a false indicator and should be completely ignored in any TA.
This craze can't go on much longer before we crash hard again to $800-$1000.
You are warned.
So what do you think this bubble is cause,by Japanese bots  Tongue the volume is not at all the same like 2013 and it is not that easy to manipulate the price of bitcoin just like they can in the past.The current volume is simply because there are more investors in bitcoin and so is the reason you wont see a dump like we used to see in the past,if you have any other idea do share,i do expect a correction after a rally but it wont get dumped like you think it will be.
1102  Economy / Gambling discussion / Re: Cricket match prediction discussions on: May 08, 2017, 03:15:36 PM
Today we have Hyderabad vs Mumbai and I feel that Mumbai are going to win this match,they have been consistent from the start and do not have any fear now since they already made it to the next level but they may try to improve their points as well as net run rate.Also they can give chance to other players to check their bench strength
Both teams already qualified semifinals, yup maybe Mumbai will do some changes in their team. I am expecting a big fight in this game. Warner is in good form, and another batsman is helping him to make a big score in all matches. I think in this match we see 200+ runs. My choice is also Mumbai, but we can not underestimate SRH.
Waiting another fighting match. But MI play today's match the same side rather SRH made couple of changes Nehra is out for Siraj and Williamson is out for Nabi. My choice is set for SRH.
With the form Mumbai Indians are in at the moment i should go for Mumbai Indians to win the match as they are playing really well ,but since they are playing in Sunrisers Hyderabad's home town it will be a tough match and Mumbai has already lost three wickets for 53 runs and the scoring rate is really low below 6 per over even after 9 overs,need some big innings to lift the team in the last few overs.
1103  Economy / Speculation / Re: Reason of increasing bitcoin price on: May 07, 2017, 11:56:44 PM
Increasing demand of bitcoin in the community also the supply of bitcoin there are limit of bitcoin every four years to control the bitcoin and the bitcoin user are increasing so the demand of bitcoin is also increasing.
The supply of bitcoin is always limited to 21,000,000 BTC so you do not need any extra control to limit the bitcoin every four years,i do understand  what you are trying to tell here,every four years there is halving in the number of rewards a miner gets for helping the blockchain,the user demand is the single reason the price of bitcoin is increasing.
1104  Local / India / Re: Wipro Gets Bio Attack Threat Email, 500 Crores In Bitcoin Demanded on: May 07, 2017, 11:37:03 PM
Is that a big deal,we are getting plenty of scam mails and i really think that it is just a grand scheme of amatuers just trying to pull up a prank against wipro,it will be either some former employee who got fired recently trying to threaten them and if they could provide a realistic value who knows whether they might be paying them. Grin

All these things are just making the regulation process harder.
What is this news got to lure the regulation process,if any the government has to legalise bitcoin and enforce strict KYC policy to link every transaction and that is how a good government should proceed rather than shutting everything out without knowing the facts.
1105  Economy / Speculation / Re: Bitcoin To Soon Reach $1700 on: May 07, 2017, 10:52:52 PM
Unfortunately for us this war of blocksize is mainly just political and if anything some guys could give two less fucks about the price. The way it's looking right now it's either BU or Segwit, neither of which look likely to happen. I agree it's pretty annoying, but once we get past it we will all be rewarded.
The chances of an BU hardfork is really slim after the n number times they had issues with their line of codes and people will not really consider using them and if people still think they are capable then they are not fit to understand what is right and wrong when they are dealing with billions of dollars worth of technology on the other hand Segwit is a possibility and if everyone could reach a consensus we could see another rally which would take the price over $2000,if not we will see a correction in a week or two.
1106  Economy / Economics / Re: On what year crypto in general will be massively adopted? on: May 07, 2017, 10:41:55 PM
I am doubtful! 5 years is too less of a time for a technology like crypto currency to be adopted by masses. People are still not clear about the idea of crypto currency because they don't understand that how money can be generated from computer.
Japan has a literacy rate of 100% and they are one of the most technologically advanced nations. So Japan adopting bitcoin as a legal currency did not surprise me. But India and China will not be able to do it withing next 5 years. Especially the current government of India is busy playing political games in the name of religion. They are least bothered about bitcoin and I am happy about it. If the government starts taking interest in bitcoin, the users will be put behind bars and money laundering cases will be filed against them.
I do stand by your opinion that India being a developing nation it is hard  to comprehend the news coming out as they are always having issue internally and for a new technology like crypto currency to be adopted by the masses will take its time,if the two major populated countries China and India legalizes bitcoin then the amount of investment will be really huge and it will break conventional rallies we have seen earlier in bitcoin if that happens.
1107  Bitcoin / Bitcoin Discussion / Re: How does Luke Jr expect segwit to be activated? on: May 07, 2017, 10:19:52 PM
We are never going to have 95% consensus, and all other alternatives don't look good and don't bring certainty. UASF and so on, could end up badly.
Are you just praying to mother Mary or something? tell us. We want segwit as much as you (except the usual trolls) but let's be realistic, I don't see it happening, which means it's time to pick up some cheap LTC.
It is really not possible to get a majority consensus with bitcoin as there are several parties involved to take control and UASF could end up badly but if the majority supports segwit as we saw in a twitter poll conducted by viabtc then we could carry on without much issue,in a realistic situation we need to act on upgrading the bitcoin infra to have a better future.
1108  Economy / Trading Discussion / Re: Short Term or Long Term on: May 07, 2017, 09:43:12 PM
It all depends upon the time you are able to spend online,you need patience if you are going to trade on a daily basis and you have to study the market carefully and as long as the market is bullish you will end up in a profit if you are doing day trading but always have an idea about how the coin will peak out and when we can expect a bear rally in the coin. I am holding some coins for the long term while i am having a good bank roll for day trading which i am multiplying faster than the long term investments.
1109  Economy / Trading Discussion / Re: Does speculation affect bitcoin trading on: May 07, 2017, 06:31:28 PM
I feel this thread should be moved into trading or speculation sub category of the forum. However, the same way it is working in fired regarding speculations, the same way it happens for bitcoin because its the direction the majority are speculating that the price will drive towards and it might not be uniform at the same time in the sense that the exchange sites in China might be the ones that will take the lead before others  will follow but in all speculations influence price around here.
In the past it was true that the Chinese had some influence over the price of bitcoin as any bad news coming out of China could drive the price either way but as time moves on and with new regulations in effects their dominance in bitcoin volume has reduced and now Japan is having higher volume and investment and with more investors than before it is not that easy to move the price with FUD alone.
1110  Bitcoin / Bitcoin Discussion / Re: Why only now many countries recognize bitcoin as a virtual currency? on: May 07, 2017, 04:49:29 PM
There are plenty countries recognize bitcoin and other virtual currency as official payment because of technologies used differ to old bank system also there are many other country play against bitcoin because of interest conflict .
Since bitcoin created a revolution on how people conceive money it is naturally that it would take a long time for any goverment to learn and understand what the technology is all about to pass any laws and so is the reason most of the countries still did not pass any law regarding it,only recently Japan legalized bitcoin and US has a positive approach towards it but their treasury has defined bitcoin not as currency, but as a money services business with time more countries will recognize bitcoin.
1111  Economy / Gambling discussion / Re: UFC 211: Miocic vs Dos Santos info and Prediction Thread on: May 07, 2017, 04:30:52 PM
@bbc.reporter Dos Santos was once considered as a pure knock out artist and he was looking to knock people out but now he has developed and evolved as a fighter and he is only trying to knock people out when there is an opportunity and he is not forcing that like he used to do that,even in the first fight Stipe Miocic was confident that he could knock Dos Santos but when he found that he could not do that his confidence went down but this time around he will be prepared and very well knows the strength of JDS and so i expect a tactical fight.
1112  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][QAU] QUANTUM PROJECT - Connecting markets on: May 06, 2017, 06:30:40 AM
There is no refund, I just got a reply.
I hope this is one of my happy mistakes.
It is not possible for them to refund your tokens once you deposit them because once they do that it will create a big mess and it will complicate things,you have to be extra careful while sending funds and since it is mainly your mistake consider this as your learning experience  Grin ,the only thing you can do is curse you fate  Tongue On a positive note you forwarded the coins as an invesment and not to individual user,so dont worry you will profit in the long run.
1113  Economy / Gambling discussion / Re: Cricket match prediction discussions on: May 05, 2017, 06:25:31 PM
Yup, officially, this is the worst season for RCB in these ten years of Indian premier league. This is what happens in the office if the boss is not around.  Grin
{Vijay malya, the owner is in England}.
I do not understand why they are performing like this,Malya is not the coach or the motivator to pump the team,he just owns the stakes but the performance delivered by this team cannot do justice with the kind of players they have in their team,clearly looks like something fishy is going on here,the odds were really high when Kings XI Punjab posted a total of 138 runs,but one thing that can be noted is that RCB is consistent with poor play this entire season and those who took the risk won big time in this match.
1114  Economy / Speculation / Re: what is happening. on: May 01, 2017, 11:47:58 PM
Well bitcoin now is a trending topics in some country, and there are a lot of people showing interest, people keep on hunting bitcoin to be keep as investment, so it's no wonder the price could jump in a few hours, so many people now try to keep bitcoin as investment because the price rising is so quick, when the demand is high then we will see rising
The possibility of breaking the $1500 resistance with this run is a big question and if the bitcoin is able to break that resistance we could see over $1800 this week,i am not sure whether it will be a wise decision to enter bitcoin at this price as i am not willing to take risk to hold the coins at this price. I wish SEC comes back every month reviewing the ETF just to reject it again . Cheesy
1115  Economy / Gambling discussion / Re: McGregor vs Khabib, who would you bet for a win? on: May 01, 2017, 11:24:04 PM
Khabib is in better shape, and if you ask me, I would say Khabib is better fighter, but McGregor will have help from referees so it will not be easy for Khabib. I hope Khabib will win, couse I can't stand McGregor any more
I can understand the fact that you hate Conor Mcgregor and it is difficult to put together a match between Mayweather and my opinion is he should come back and fight as he is wasting his youth and performance by taking a longer break and what i did not understand is that what help does McGregor got from referees,Khabib is one of the biggest test in Conor's career without a doubt,if he could stuff his take down then it will be a different story.
1116  Economy / Web Wallets / Re: What is the main appeal of online wallets and why do people use them? on: May 01, 2017, 10:51:43 PM
Why do Wallets sometimes have seeds and sometime wallet.dat files. For example PIVX has a file you have to store but other only have a seed?
You need to back up the wallet.dat file and always make sure that you have the private keys to your wallet. You must really note down the seed and the password and if you loose them you will end up loosing everything.With online wallet you only need to remember the password and the pin when it comes to xapo and the ease of sending and receiving the coins is the greatest appeal of online wallets.
1117  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC breaks $1400 barrier, altcoins going on the red on: May 01, 2017, 10:29:08 PM
iam not understand, SEC rejected ETF proposal
bitcoin price down only several day, and then bitcoin price incraese very high until over 1400 dollar, and in bitfinex 1500 dollar
i think bitcoin user is amazing not effect SEC rejected bitcoin
I hope you did not notice that the SEC is reviewing the Winklevoss EFT once again and so is the reason we are seeing a big rally in the price of bitcoin but the chances of approval is slim as i cannot any vast changes that could happen in their proposal and one more thing to be noted is that SEC is also considering approval of an Ethereum ETF.
1118  Bitcoin / Bitcoin Discussion / Re: What would happen to your BTC and Alts if you died today? on: May 01, 2017, 10:06:22 PM
If i die today which is highly unlikely i will loose some of the coins but i have written everything in details and have already informed my wife about what i am doing online and she already knows about bitcoin.But i have written a detailed note on how to recover the private keys and stuffs like that,just in case something happens to me.
1119  Bitcoin / Bitcoin Discussion / Re: What is happening currently with cryptocurrencies on: May 01, 2017, 09:47:43 PM
I think the transaction being slow is because of the huge number of the people using it,
And I think pumping and dumping of some coins is normal in the crypto world.
There are many dust transaction which is spamming the network to slow down the process and to make things bad,it can be done by competitors who want bitcoin to have problems when ever the price increases and now the transactions are really slow and the average fees has also increased in the past few days,pumping and dump is a common thing in crypto world but this is a rally which the crypto world has not seen till now and that is the main difference.
1120  Economy / Gambling discussion / Re: GAMBLING & TRADING on: May 01, 2017, 09:22:40 PM
I prefer to trade than gambling. I already have a lot of experience in gambling, and that sometimes makes me lose a lot of money. But not with trading. Although it's pretty complicated to run, but with a little patience, we can generate a lot of btc, or money from trading, especially if you're good at analytics.
Trading is a safe bet where as gambling does have only two results either you win or you loose.There was a time when i used to sit an entire day in front of system when i was trading in the stock market learning about the news and other things and calculating the variables and if you are good at analyzis then trading is the best thing you can do to make a good profit.
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