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1321  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] Hdac - Blockchain-based IoT contracts by Hyundai. 600k$ FIX POOL 90BTC on: December 04, 2017, 07:59:05 PM
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1322  Bitcoin / Bitcoin Discussion / Re: Should I invest In Bitcoin? on: December 04, 2017, 04:33:52 PM
Your poll makes no sense, it has blockchain as an option, there is no real way to just invest in the blockchain technology.
Indeed! Just go ahead and invest in bitcoin and wait for your returns to come.
Bitcoin is now the most profitable cryptocurrency ever, and the most profitable investment too.
So, if you want to invest in bitcoin now just go ahead and do so because the more time you waste the more profit you are losing. Cheesy
1323  Economy / Speculation / Re: Bitcoin = $1 Million by 2020 on: December 04, 2017, 04:26:30 PM
John McAfee is the number one guy for creating massive speculation about bitcoin.
And i think that is a good thing i guess because such speculation helps in boosting the bitcoin price.
The problem with speculation and FUDs sometimes they can be good and sometimes they can be bad too.  
1324  Bitcoin / Bitcoin Discussion / Re: Bitcoin First Billionaire: Winklevoss Twins on: December 04, 2017, 04:19:44 PM
BTC creators I guess. However this information is secret i guess.

They invested the amount they got from the Facebook settlement into Bitcoin and they are now running Gemini exchange. I'm not surprised and I'm expecting bitcoin to be the cause of making more billionaires in the future.
I first came across Winklevoss Twins in 2013 when they invested $11 million of their payout from Facebook into Bitcoin in 2013.
They recently invested $1.5 million in seed funding of BitInstant, a bitcoin payment processor the same year.
They now owned and operate Gemini & Winkdex. I knew these boys are going to become billionaires they are just waiting for the time, trust me! Smiley  

1325  Bitcoin / Bitcoin Discussion / Re: BTC futures on: December 04, 2017, 03:51:41 PM
How big an impact on BTC price fluctuations do you believe that the BTC futures is going to have? And does anyone knows exactly when the futures are going to start trading?
Well, i believe bitcoin is going to have a great future because if you can look at the recent bitcoin value growth for this year alone, you might understand how bitcoin is now getting more and more investors all over the world. In this year 2017, bitcoin gained over 1000% increase in value and more people are still buying bitcoin everyday. Imagine how valuable a bitcoin is going to be in 2018 - if bitcoin can manage to grow with even 500% next year lots of bitcoiners would be millionaires in 2018. Smiley 
1326  Economy / Speculation / Re: Will Bitcoin fall again soon? on: December 04, 2017, 03:40:53 PM
I sold some at 10,900 hoping it will fall again to rebuy in the 9000's as I purchased some around 10,300... Do you guys think another temporary slump will happen soon? Or cut my losses and rebuy now at over 11k?
Great work.
Patience is the key to good trading profit.
Better be sharp, drops are fast to recover because many wanted to buy at a low cost. So in every dump, it's eaten up by users fast.
Analyze the charts very well. Keep on waiting to sell at high and buy when it seems to be already starting to recover.
Sometimes it's hard to be accurate.
Well, whenever there is a bitcoin price boom most of the times market correction follow along.
But if you look at the recent bitcoin price growth chart you will see the corrections are no longer harming the bitcoin value a lot.
In all the recent corrections that we saw this year 2017 - After the correction, bitcoin value recovers in no time normally within 2-3 weeks tops.
1327  Economy / Economics / Why the market looking all red today? is correction near or what? on: December 04, 2017, 03:31:55 PM
After the recent bitcoin boom for few weeks the market looking very weak after all.
As of today the market is looking all red, what is really happening is the correction near or what?




Share with us your thoughts, thanks Smiley
1328  Economy / Economics / Re: Where do you spend your money from Bitcoin? on: December 04, 2017, 01:37:30 PM
Well, i buy many things from digital goods to physical products via purse.io.
I also invest my money in other good looking altcoins such as  Dash, Monero, ZCash and Bitconnect.
And whenever i see a high promising ICO with a good chance to make more profits - well, i'm in for it Smiley
1329  Economy / Economics / Re: why bitcoin is so much special than others currency ? on: December 04, 2017, 01:31:17 PM
This is so really hard to say special cause its difficult to explain specialty in short word
Some of them  are given below:

It’s a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement 
Every bitcoin holder can review their account information after sending money or receiving money from their account.
After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities.
Buying and selling process is so much easier than other currency
I think above mention quotation is sufficient for proving that how much special the bitcoin is.
Bitcoin has become a special and the chosen one because bitcoin is the pioneer of crypto currency world. It has received a lot of appreciation when the blockchain technology was launched and using the similar technology, the other coins are created. So bitcoin is technically the father of all crypto currency and the crypto world as a whole. So it deserves some special respect.
Indeed, bitcoin build itself certain benchmark and high level of trust over time, and the fast bitcoin value growth in the recent years is what make it so special. In fact, whenever you are with someone talking about cryptocurrency it is hardly to finish that discussion without mentioning bitcoin. Bitcoin is like the father of modern age cryptocurrencies, many people only know about bitcoin and no other altcoin. therefore, whenever they hear word of cryptocurrency they simply refer it to bitcoin. Because of that many people buys only bitcoin and no other altcoin that why bitcoins is still more valuable than other altcoins.   
1330  Economy / Economics / Re: Beside Cryptocurrenices where would you invest? on: December 04, 2017, 01:17:00 PM
A lot of people now days jumping and investing in the cryptocurrency industry.
If you are not investing in crypto, where do you else invest?
Property ? normal crowdfunding? give your input
For me, i always prefer investing into cryptocurrency based startups because we are still in the mid-term cryptocurrency revolution. There are so many opportunities in the cryptocurrency ecosystem right now, i think it is better to invest more in those startups than to go and invest somewhere else.
1331  Economy / Economics / Re: Bitcoin 10.000$!!!! What's Next? on: December 04, 2017, 01:10:59 PM
"What if hedge funds buy bitcoin as an investment?"
"What if investors use bitcoin as a store of value?"
"What if bitcoin is used primarily as a currency?"
Bitcoin is not yet used primarly as a currency, and not much investors use bitcoin as a store of value. But in the actual market, the exchange boost the bitcoin price to the moon with new records every day. What's next with this crypto madness?  Can we still discuss bitcoin as a Bubble?

Share your ideas about Bitcoin in the actual Market.
Bitcoins next move might be going down rapidly after reaching 10k$ milestone. I heard rumors that operation to bring down bitcoin and let BCH take over is being conspired. Even if they are to get on with their plan, all they can do is bring down btc price. For now, enjoy the high price of btc. Always have some fiat ready to rebuy some bitcoin. My estimate is that this plan will be set in motion within the last week of december, maybe earlier.
Saying anything right now about the future of bitcoin price might be wrong because no one knows exactly what will happen in the future.
The price of bitcoin might go up or down as it was happened recently, i believe only time will determine how bitcoin price is going to be in the future.
1332  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: December 04, 2017, 01:04:15 PM
After the events of last week.

I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small.  Does it matter?
It doesn't matter for sure yet bitcoin has proven to be the most valuable currency ever.
Bitcoin value is currently beyond any fiat currency, bitcoin is now ahead USD, Euro and even the world's most valuable fiat which is British Pound.
1333  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: December 04, 2017, 12:17:31 PM
The benefit of saving bitcoin is the more you save your bitcoin the more valuable it would get in the future. Bitcoin value is growing over time that is why must people buy and hold their bitcoins for long time, it is because they want to make more profit at the end. Some people buy bitcoin and hold it for a week or two, some for a month or two, some for three months or six, and some people buy and hold their bitcoins for a year or more.
1334  Economy / Economics / Re: Electronic Money vs. Physical Money on: December 04, 2017, 12:09:14 PM
Hi guys, I just want to know your views and opinion about the difference in Electronic Money (Bitcoin and others) and the Physical Money. Many people now a days are still confuse about the existence of the Bitcoin and how it differ from our Physical Money that we are using to buy necessity. I hope we could share and learn from each other.  Wink Smiley
Well, the difference between digital currency and physical (fiat) currency is simple, it is up to you decide which one is best for you. Digital currency such as bitcoin is fast, secure, decentralized, and acceptable worldwide. in fact, no one issues or controls digital currency, it is owned and controlled by the masses globally. Digital currency has cheaper transaction fee when comes to transferring money internationally and the transaction is instant. While physical money is issued and controlled by the government and banks, it has no privacy. Banks control the currency, and it opens 5-9, 5 days a week. Physical currency is acceptable only within your country or even your locality, and when it comes to international transfer the transaction fee is high and it will take anywhere between 3-5 days for the owner to receive the payment.        
1335  Economy / Economics / Re: Which one is good, trading or investing? on: December 04, 2017, 11:56:06 AM
Both trading and investing are good if you have enough capital to invest. If you can manage to hold your bitcoin which was worth $200 in 2016, by now it's worth a lot $5,000 - at least. With that $5,000 of yours now you can invest it on many things this such as promising ICOs, profitable altcoins and more profitable mining contracts e.g. Dash mining and so on. Trading bitcoin and altcoins is always more profitable compared to just investing in bitcoin and hold.
1336  Bitcoin / Press / [2017-12-04] Indonesia’s Central Bank is Planning to Ban Bitcoin in 2018: Report on: December 04, 2017, 11:16:11 AM
Indonesia’s Central Bank is Planning to Ban Bitcoin in 2018: Report

Indonesia’s central bank is reportedly planning regulation to enact a complete ban on cryptocurrencies like bitcoin.

Bank Indonesia (BI), the country’s central bank, is drawing up regulation to enact a sweeping ban on all forms of cryptocurrency, their trading and their usage in transactions as payments, according to Agus Martowardojo – the governor of the central bank. According to local publication Pikiran Rakyat, the central bank official made the revelation during the central bank’s annual meeting last week, claiming the crippling regulation was required to maintain the sovereignty of the rupiah [Indonesia’s fiat currency] as the country’s legal tender.

He went on to detail additional restrictive measures by the bank, stating:

    "We (will) also prevent arbitrage opportunities, unhealthy business practices and business controls by parties outside the legal reach of Indonesia’s laws that could damage the structure of industries here.

Digital currencies, the official said, are also potentially used [abused] for terrorism financing and money laundering. Martowardojo has now doubled down on the bank’s hostile stance toward cryptocurrencies after threatening bitcoin adopters in the country. In remarks earlier in October, the central bank chief said those using bitcoin as a payment method “will be dealt with.”

Further, the new rules – due to come out in 2018 – will also include financial technology (FinTech) companies and startups under its purview, according to the central banker.

Martowardojo’s remarks about a future ban on cryptocurrencies comes within days of Indonesia’s financial regulator urging retail investors to stay away from the ‘lure’ of cryptocurrencies.

According to CCN Indonesia, the chairman of Indonesian Task Force (SWI) under the Financial Services Authority, Tongam Tobing said last week:

    "We urge you to invest in logic, not Bitcoin, so people do not go there…People, if you want to invest, do not invest in virtual money, but invest in the legal (assets) that can improve the economy of Indonesia.


Source: https://www.cryptocoinsnews.com/indonesia-planning-ban-bitcoin-2018-report/
1337  Bitcoin / Press / [2017-12-04] China was Right to Shut Down Bitcoin Exchanges & ICOs: PBoC Officia on: December 04, 2017, 11:14:20 AM
China was Right to Shut Down Bitcoin Exchanges & ICOs: PBoC Official

A vice governor of China’s central bank has doubled down on the regulator’s sweeping ban on ICOs in September that also led to the shuttering of local bitcoin exchanges.

According to People’s Bank of China (PBoC) vice-governor Pan Gongsheng, authorities were right to crack the whip on initial coin offerings (ICOs) and cryptocurrency trading in China, once the world’s largest bitcoin trading market.

The central banker was speaking at an annual financial book award ceremony, co-organized by JPMorgan Chase over the weekend, when he raised the “scary” prospect of the cryptocurrency industry continuing to function in the present day – if Chinese authorities hadn’t banned it outright.

In remarks reported by Yicai, the central bank official stated:

    "If we didn’t shut bitcoin exchanges and crack down on initial coin offerings (ICOs) a few months ago, and if more than 80 percent of the world’s bitcoin transactions and financing activities were still taking place [in] China, which was the case back in January, what would it be like today?…It’s scary to think about.

On September 4th, a number of Chinese authorities including government administrators from a number of ministries and banking, insurance and securities regulators – led by the People’s Bank of China, issued a sweeping and immediate ban on all initial coin offerings in China. Labelling it an ‘illegal’ practice of fundraising, the PBoC said ICO funding had “seriously disrupted the economic and financial order.’

Come September 15, authorities issued Virtual Currency Exchange Cleanup and Regulation Requirements, mandating all bitcoin exchanges and cryptocurrency trading platforms to immediately put an end to new user registrations and publicly outline their roadmap to stop virtual currency transaction services by midnight. Bitcoin exchanges complied with the order, with the likes of BTCC, the world’s first bitcoin exchange, shutting operations toward the end of September.

Meanwhile, Chinese bitcoin miners are already making plans to shift mining operators to other countries, fearing China’s crackdown on the industry could also extend to a ban on mining.


Source: https://www.cryptocoinsnews.com/china-right-shut-bitcoin-exchanges-icos-pboc-official/
1338  Bitcoin / Press / [2017-12-04] UK Treasury Plans Tighter Regulation of Bitcoin and Cryptocurrencie on: December 04, 2017, 11:12:15 AM
UK Treasury Plans Tighter Regulation of Bitcoin and Cryptocurrencies

The British government is planning to introduce strict regulations of cryptocurrencies like bitcoin to combat crime like tax evasion and money laundering.

The UK Treasury will lead the effort into regulating cryptocurrencies like bitcoin, bringing it under the purview of anti-money laundering and counter-terrorism financing legislation.

A Treasury spokesperson said on Monday:

    "We have clear tax rules for people who use cryptocurrencies, and like all tax rules, these are kept under review. We also intend to update regulation to bring virtual currency exchange platforms into anti-money laundering and counter-terrorist financing regulation.

The remarks were quickly publicized on mainstream media as a ‘crackdown’ on cryptocurrencies, whereas the truth is closer to the expected course of regulatory acceptance of decentralized cryptocurrencies by ensuring trading platforms play by regulators’ rules.

Further, the Treasury’s intent to regulate cryptocurrencies comes amid reports of drug dealers in London allegedly laundering cash at bitcoin ATMs in the city. “If you’re a local drug dealer (cryptocurrency ATMs) are a great opportunity to quickly dispose of cash,” said Detective Inspector Tim Court of the London Metropolitan Police.

“The reason for bitcoin being created was genuine, was honest,” stated Detective chief inspector Gary Miles, head of London Met Police’s counter-fraud operation. “But it would appear to have been hijacked and exploited by some people in the criminal underworld.”

The plan to introduce regulations for bitcoin was first revealed by the economic secretary to the Treasury Stephen Barclay in late October this year. Speaking in the UK Parliament, Barclay was responding to a question about the Treasury Department’s intent to regulate cryptocurrencies.

He stated:

    "The UK government is currently negotiating amendments to the 4th Anti-Money Laundering Directive that will bring virtual currency exchange platforms and custodian wallet providers into Anti-Money Laundering and Counter-Terrorist Financing regulation, which will result in these firms’ activities being overseen by national competent authorities for these areas. The government supports the intention behind these amendments. We expect these negotiations to conclude at EU level in late 2017/early 2018.


Source: https://www.cryptocoinsnews.com/uk-treasury-plans-tighter-regulation-bitcoin-cryptocurrencies/
1339  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] Hdac - Blockchain-based IoT contracts by Hyundai. 600k$ FIX POOL 90BTC on: December 04, 2017, 10:35:22 AM
SIGNATURE

Bitcointalk username: cybersofts
Forum rank: Sr. Member
Starting post count: 1457
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1340  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] [ICO]🔶 Spectre.ai (SPEC) 🔶: Speculative Tokenized Trading Exchange🔶 on: December 04, 2017, 10:22:34 AM
Hi Sylon,

Thank you for the privilege of allowing me to participate in this campaign.

As we come to the end of SPECTRE Campaign, I'm done with all my posts for week 12.

I've made about 30 posts between 3rd - 4th December for week 12, which is schedule for following time interval: [3rd December - 9th December].

Now, i think it is time to move on with another campaign for the rest of the week in order to make some extra bucks.

Thank you once again for all the support and wonderful bounties you are giving us, it's been a great journey.


Best regards,
cybersofts
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