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Showing 20 of 89 results by BitcoinIsAlgebraic
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Board Bitcoin Discussion
Re: No, China is not planning on unbanning bitcoin mining
by
BitcoinIsAlgebraic
on 02/11/2021, 12:50:05 UTC
Quote from: Poker Player on Today at 09:47:04 AM
I am with you. Some time ago I opened a thread in meta about a similar case:

How to deal with multiple, factually incorrect threads?

The only thing I would'nt have done is to self-moderate the thread. That will cause it to have fewer replies and you may find several other threads with more replies than keep being bumped while yours dies.

If you are pissed off that people don't read and say false information you can try reporting but you may have not much success reporting for false information.
Having it self moderated is a good thing because it will discourage the people who spread these stupid rumors without evidence. Take a look at the replies on the topics linked and you will see that most are in a altcoin signature and they are posting similar posts to other people in the topic without giving it any thought just so they can earn money.
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Board Gambling discussion
Re: Premier League Prediction Thread 2021/2022
by
BitcoinIsAlgebraic
on 17/08/2021, 15:45:50 UTC
Despite losing I still think that Manchester City will win the league. Their bench is worth over 300 million and their on field players are closer to a billion. No other team in the league can compete with that and they will probably add to their team before the transfer window closes.
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Board Off-topic
Re: Litecoin Ultra (LTCU) going to moon ? project revived ?
by
BitcoinIsAlgebraic
on 22/01/2018, 22:25:04 UTC
If history is anything to go by then revivals are never worth your time watching, investing or learning about.
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Topic
Board Speculation
Re: Why bitcoin can never go past $7000
by
BitcoinIsAlgebraic
on 05/11/2017, 11:03:43 UTC
Quote from: xFiber on November 03, 2017, 03:04:35 PM
Quote from: Hexah on November 03, 2017, 12:36:57 PM
Now you know that it touch downed on this day of what you don't think it can reach at this year, hope you know now that bitcoin will surpass $10000 just in 2018 and that speculation of  mine is what I will be waiting to happen. Indeed altcoins are pumping too but bitcoin is on the run too and no one can control now on it's pumping. So, better keep some bitcoins right now and I will really wait for the coming of bitcoin's value on $10k even not by 2018 but in the coming years.
2017 was certainly the year of bitcoin. Altcoins had a nice period (in the summer) when lots of them flourished but at the arrival of fall, lot's of them fell to extreme lows. The whole 2x drama will decide whether 2018 will be another bitcoin year or not.

Altcoins get short term hype which creates a lot of people money which then they later convert into Bitcoin which I think is good for the value of bitcoin but shouldn't be encouraged. 2017 was a year for Bitcoin but its still unclear whether or not its a bubble.
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Board Speculation
Re: Bitcoin price when all it is mined
by
BitcoinIsAlgebraic
on 05/11/2017, 11:02:27 UTC
In theory it should be worth a lot more than it is today just because it will be an exclusive currency and not much of it will be up for grabs. As long as bitcoin still is in circulation then it should be worth lots.
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Board Speculation
Re: Bitcoin will crash ?
by
BitcoinIsAlgebraic
on 05/11/2017, 11:01:20 UTC
I don't think it's going to crash but we could see a correction of the price because of the hype from the hard forks and such.
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Topic
Board Speculation
Re: $10.000 = 1BTC on New Year?
by
BitcoinIsAlgebraic
on 05/11/2017, 11:00:48 UTC
I actually think it's possible looking at the price now. I first doubted it but now even if it is a bubble we could see it hit 10,000 and beyond before new year.
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Board Altcoin Discussion
Re: ICO is officially banned in China !!!
by
BitcoinIsAlgebraic
on 05/11/2017, 10:59:02 UTC
Honestly I don't think this is a bad thing I normally don't agree with China on a lot of things but ICOs are nearly always scams as well as a very easy way for money laundering which should be regulated.
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Board Bitcoin Discussion
Re: Why do some governments prohibit bitcoin circulation?
by
BitcoinIsAlgebraic
on 05/11/2017, 10:57:49 UTC
Some countries are just scared of the power Bitcoin gives to them and the lack of power it gives the government. Some fear it because it can't be regulated easily and it can be funded for malicious things.
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Topic
Board Beginners & Help
Re: Help with picking a wallet?
by
BitcoinIsAlgebraic
on 05/11/2017, 10:56:20 UTC
Bitcoin.org has all the wallets which you have full control over. But I would personally recommend Electrum too as if you send a transaction with a small fee you can correct it before a confirmation which is a very handy feature.
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Topic
Board Speculation (Altcoins)
Re: When BTC up, Why ALTCOIN suddenly down .?
by
BitcoinIsAlgebraic
on 05/11/2017, 10:55:16 UTC
Basically people are converting their altcoins into bitcoin. so what is happening is Bitcoin is having a pump because of the amount of people who are investing in it and the altcoins are having a dump because of the people selling their alt coins for bitcoin.
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Topic
Board Bitcoin Discussion
Re: Bitcoin may not be number one for long
by
BitcoinIsAlgebraic
on 05/11/2017, 10:54:18 UTC
I don't believe the hype in any of these ICOs which are coming out and most are scams or likely scams in the long term. ICOs are just out to make their quick money and then bail on the project.
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Board Bitcoin Discussion
Re: how to speed up btc transaction
by
BitcoinIsAlgebraic
on 05/11/2017, 10:53:23 UTC
You can ask one of the free services over at the service sub forum. they normally help as long as the fee isn't massively low. You could also try a mining pool to accelerate the transaction.
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Board Bitcoin Discussion
Re: South Korea Tightens Bitcoin Regulations, Will ‘Punish’ ICOs: Report
by
BitcoinIsAlgebraic
on 05/11/2017, 10:52:06 UTC
Quote from: Quantor Blockchain on November 05, 2017, 10:48:32 AM
We can see in the future much more disappointing decisions regarding bitcoin regulation. It's not only because of growing number of "promising" ICOs. It's about preventing money laundering through ICO also.


Which I agree with most ICOs are scams anyway and combating against money laundering and the scams is good in my opinion. Bitcoin is also going to get regulated by many different countries but its better than an outright ban.
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Board Service Discussion
Re: Is Bitbase.io Scam, BTC I sent not credited to my account?
by
BitcoinIsAlgebraic
on 05/11/2017, 10:50:26 UTC
Never heard of them but that doesn't mean they are a scam and could of just made a mistake. Look at the scam accusations sub forum here and see if they have any accusations against them and contact their support for help.
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Board Bitcoin Discussion
Re: What should I invest into?
by
BitcoinIsAlgebraic
on 05/11/2017, 10:48:44 UTC
Mining hardware at least the very best will cost you a lot more than $2500 and probably isn't going to earn that back unless you have a cheap electricity bill. I would recommend investing alt coins with such a small amount to invest and then convert those back into Bitcoin.
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Board Gambling discussion
Re: How do you know when to stop?
by
BitcoinIsAlgebraic
on 05/11/2017, 10:47:32 UTC
I set myself weekly limits. I used to gamble every day but have since limited it to the weekends only and only a certain amount. If I walk away with a profit I still don't go beyond my limit.
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Topic
Board Gambling discussion
Re: Should I try to win back my loss?
by
BitcoinIsAlgebraic
on 05/11/2017, 10:46:41 UTC
Honestly for anyone asking the same question just don't do it. Strike it off as a loss because your likely to rush to try and get it back and end up losing a lot more. I wish I learned this sooner in life.
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Topic
Board Gambling discussion
Re: Trading vs Gambling
by
BitcoinIsAlgebraic
on 05/11/2017, 10:45:16 UTC
Trading is better due to Bitcoin having a much more likely chance of going up in price whilst gambling there is always a house edge.
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Topic
Board Gambling discussion
Re: Can trading be considered as gambling??
by
BitcoinIsAlgebraic
on 05/11/2017, 10:44:26 UTC
Trading and gambling are closely related the same as investment and gambling are very closely related. I think trading can be counted as gambling just because your hoping for higher prices when it may never come.