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1201
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Bitcoin / Bitcoin Discussion / Re: What if...Satoshi Nakamoto suddenly burns 1 million bitcoins?
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on: September 28, 2016, 08:53:04 PM
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What do you mean by burns? Are you trying to say "creates" or "borns" by that? Because i don't get it if how bitcoins can be burnt, and if Satoshi Nakamoto suddenly adds that much bitcoins to the total sum of bitcoins if that is what you are trying to say, then i don't know what will be the outcome, maybe a price rise?
By burning a coin means that coin will never be used and never be accessed by anyone so these are "lost" coins. In this case if 1 Million BTC would be burned then the bitcoin price will reach the moon. |
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1202
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Economy / Trading Discussion / Re: Is anyone interested in learning how to trade bitcoin for a living?
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on: September 28, 2016, 06:09:59 PM
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My boss is selecting 10 people to personally coach how to earn a living trading bitcoin. His goal is to have you earning $1,000+ a day within a few weeks. You'll learn how to protect yourself from scammers, manage banking relationships, build loyal customers, compliance, I'll even reveal my suppliers. If you're interested in the class, set up a time for him to call you and tell you about it. https://briansewell.acuityscheduling.com/Why not making a webinar or a video which these useful information can be used to see others multiple times instead of talking 10 times with 10 different people not on the same time, I think this way is more efficient and we can expand our knowledge more. |
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1203
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Other / Off-topic / Re: Bitcointalk is a good way to get information about Bitcoins?
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on: September 28, 2016, 06:06:59 PM
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Actually i haven't seen another forum where we can discuss about bitcoin. Bitcointalk is my first choice to get information regarding how to start using bitcoin and i also watch few bitcoin related videos over youtube and check cointelegraph to get upto date regarding bitcoin news and events.
In fact there are some forums if you search in google "bitcoin forum" but saying the truth they are not much active as bitcointalk is, I can say that reddit is another good source for everything and for bitcoin too where theymos is pretty good active there. |
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1204
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Economy / Economics / Re: Is USD being used for illegal activities?
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on: September 28, 2016, 06:05:45 PM
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If we say No then we are lying because for ilegal activities is being used everything and mostly any currency so is bitcoin and so is usd, we can't decide which isn't being used for these activities but based what we read and what we see, we can say that it is used.
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1205
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Other / Off-topic / Re: how many people do you think knows about bitcoin in your community?
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on: September 28, 2016, 06:04:06 PM
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Im wondering how many people you knew uses or know about btc in your small community..
Mind to share your thoughts..
Mostly none of people I know know about bitcoin how it works or how a bitcoin transaction is made, but at least they have heard about bitcoin, from the internet or from movies doesn't matter but they are aware of it. |
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1207
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Other / Beginners & Help / Re: What is trading ?
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on: September 28, 2016, 05:50:42 PM
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What is trading explain in steps and how to trade ?
If you understand the concept of trading in the real world outside then the same is with bitcoin but here the trading is made online (mostly), there are exchanges that accept different kind of currencies which you can trade/exchange on other currencies. |
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1208
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Bitcoin / Bitcoin Discussion / Re: Quantum computing and bitcoin
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on: September 28, 2016, 05:42:41 PM
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So it just came to me. Quantum computers are pretty in the near future and it will expand and change prety much everything we see now, but how will quantum computing impact bitcoin?
I have read a post from theymos and from an analyze bitcoin is protected from these quantum computers for few or more years. I think until then bitcoin will be prepared from these quantum computers. |
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1209
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Economy / Speculation / Re: Bitcoin price?
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on: September 28, 2016, 05:38:10 PM
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What is happening with the price? I was not active here or watching the price for the last week- or two. It is still less than 600$, and it was around 600$ twoo weeks ago. Did it go up or down, or was it holding still the whole time? I hope I did not miss anything.
It's true that the price recently has changed (not for good) but I haven't found any reason that affected the bitcoin price recently, I can only say that people are not holding they bitcoin because there are many sources where to invest them and maybe they are moving the funds. the price of the bitcoin is around the 600 dollar for now and i dont think he is going ot change anything in the future not for this year maybe he will hit 700 but we dont know. It has been almost 4 weeks which the price has been around $600 and it has some ups and downs until now but I think the price will be changed at the end of the year as always. |
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1210
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Economy / Trading Discussion / Re: Do you always missed the right time to sell/buy bitcoin?
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on: September 22, 2016, 10:24:27 PM
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Do you always missed the right time to sell or buy bitcoin?
I believe that most of us here hold the bitcoin for undefined time and we decide to sell when the price is the highest as possible but now always this happen because when the price reaches for example 600 we know that it is a high price but we still wait for another target like 620 or 650 because we believe that this is the potential for this time and we end up by not selling them but holding longer. |
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1211
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Bitcoin / Bitcoin Discussion / Re: Geopolitics and Crypto
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on: September 22, 2016, 10:21:37 PM
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We see that most of the countries have issue with finances and putting their money in bitcoin is not the best move because we see that the bitcoin price can be easily manipulated from big early adopters and can bring a country to bankrupt (if they invest a lot) and since bitcoin does not belong to anyone, to any country then it's hard for a country to decided to invest in bitcoin.
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1212
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Economy / Economics / Re: Bitcoin is Becoming a Global Currency
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on: September 22, 2016, 10:17:27 PM
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For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.
Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.
It is no longer just the US, EU or even China driving adoption. There is a market for Bitcoins in major countries all over the world.
Bitcoin is not bad and the bitcoin popularity is keeping increasing day by day because people know the power of bitcoin and know where and how to use it, recently we can see in exchanges that there is not only "Usd/Btc" but also in other currencies meaning that bitcoin is being used worldwide. |
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1213
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Economy / Speculation / Re: Bitcoin price?
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on: September 22, 2016, 10:15:38 PM
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What is happening with the price? I was not active here or watching the price for the last week- or two. It is still less than 600$, and it was around 600$ twoo weeks ago. Did it go up or down, or was it holding still the whole time? I hope I did not miss anything.
It's true that the price recently has changed (not for good) but I haven't found any reason that affected the bitcoin price recently, I can only say that people are not holding they bitcoin because there are many sources where to invest them and maybe they are moving the funds. |
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1214
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Other / Off-topic / Re: How to tell your Girlfirend about BitcoiN??
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on: September 22, 2016, 10:08:24 PM
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Like in the Topic said.
How would u guys explain Bitcoin to your Girlfriend!
cheers
First introduce what is digital money(fiat), what power does the digital money has, what are the pros and cons and when you finish say that I found an alternative to this digital fiat money and ta da Bitcoin, explain why is it important to you, what are the differences with fiat or with paypal and so on. |
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1215
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Economy / Trading Discussion / Re: Need tusted MoneyGram / Western Union to BTC exchange service
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on: September 22, 2016, 10:03:06 PM
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As tittle say, I need trusted online exchangers that accept 3th person payment via MG or WU payment. Any advice  Well you can deal directly with the buyer or the seller but send the bitcoins to escrow (you can use forum escrow for example) and deal the rest with the other party, when everything is ok when the seller picked up the money then the escrow can release the bitcoin to the buyer. |
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1216
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Other / Off-topic / Re: Australia police lay fabricated charges against me,
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on: September 22, 2016, 09:59:58 PM
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The police here are great, from my point of view. Never experienced anything as bad as this, with fabricated charges. Could you please provide more info?
They are great until they touch our pocket lol, OP how much is the damage (if any), how they identified you using these bitcoins? |
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1217
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Economy / Exchanges / Re: Paxful CEO and CTO arrested!
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on: September 22, 2016, 09:34:06 PM
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Are we talking for miami in florida? If yes then why the paxful website is not closed or paxful (I just checked the website and it is live at the moment ) and the arrested people are different! or the paxful service is not involved in this case?
The CEO and CTO plus one other guy associated with Paxful were charged with drug possession and posted bail. So they are free at this time but they have yet to go to court to answer the charges. The case is only related to Paxful through association with the alleged criminals. It was not directly involved in the crimes. Thanks for clarifying it, I have heard about this paxful exchange and seems very interesting to me, found many interesting deals but how trusted is it, is there any real escrow (not automated) provided to solve any issue in case happens |
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1218
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Economy / Trading Discussion / Re: Do exchanges manipulate order books, add fake transactions?
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on: September 22, 2016, 09:10:42 PM
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How do I know, all orders in the order books are real?
The one who owns server server could easily add some fake orders. As well as add some transactions under last transactions that did not actually happen.
Why? To manipulate the market. To cause artificial pumps. They can buy any time and cause a pump anytime. Then dump for profit. I guess, this works best with smaller capitalized coins? (With big coins, I suppose, if there are at least a legit exchanges, few people would fall for the fake pump.)
This should be very tempting for the owners of an exchange since it's low risk and kinda a money printing machine?
Let's take for example yobit. No names. No faces. I have no way to verify their identity. If I had coins there and they run, I had probably no legal means either?
I think this is possible, it is not impossible but I don't know any case that this really happened because we can't prove it. If you have issue with yobit then this is another things but the manipulation can not be proved. |
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1219
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Economy / Economics / Re: Selling Bitcoins more than double of the price? :O
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on: September 22, 2016, 08:04:48 PM
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Okey guys, so I wanted to buy some bitcoins (0.01 to be precise XD) with my MasterCard and I ended up in a weird place!
Look at the price per Bitcoin :
IMG
So this Is a huge opportunity for income right? can I do this too? How IS IT EVEN POSSIBLE? :O
This is not the only "rare" phenomena but this is normal and very very possible, and it's not only in bitcoin but we can see also on exchanges and when you see the graph of buy and sell order you can see that people sell more than x2 and it's completely normal. |
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1220
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Economy / Exchanges / Re: Paxful CEO and CTO arrested!
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on: September 22, 2016, 07:40:38 PM
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Are we talking for miami in florida? If yes then why the paxful website is not closed or paxful (I just checked the website and it is live at the moment ) and the arrested people are different! or the paxful service is not involved in this case?
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