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Showing 20 of 260 results by Bugsbey
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Board Bitcoin Discussion
Re: I have NEVER seen Bitcoin in such a sorry state as this!!
by
Bugsbey
on 01/08/2018, 10:41:37 UTC
Several transactions of mine have gone with 0 confirmations in the past several days.  And some of those I was paying 1.5X or 2X the recommended fees.  Nothing.  Nada.  Zilch.

Bitcoin has gone from being an expensive network to use to a practically unusable network.  I was defending Bitcoin against millions of tards back in 2011 and 2012.  Are they going to have the last laugh on me now?  It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work".  Umm... NO IT IS NOT .

I have ZERO confidence left in Core and their "developers".  Their network can't handle the slightest bit of volume without totally seizing up.  And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system??  Really??  You can't do your job properly so you want people to run a tab in BTC??  You saw this coming from 10 miles away and did nothing about it.  Stupid or malicious?... you decide.

I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations".  And not throw out "but but centralization!!" juvenile red herrings!

Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"


Yes, it is so sad to know this. Bitcoin is not in the mood these days. But just hold on, I know the storm will be over soon. Let us not be discourage fellows.
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Topic
Board Bitcoin Discussion
Re: Bitcoin fees
by
Bugsbey
on 01/08/2018, 07:32:25 UTC
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
I will still go for bitcoin eventhough it has a higher transaction fees as compared to etherium. I can get more profit in investing bitcoin than in etherium. And much more than that I can rely more on bitcoin for longer term investment.
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Board Legal
Re: Why I don't Support KYC in cryptocurrency as it is
by
Bugsbey
on 31/07/2018, 09:54:39 UTC
You are quite right. Not all KYCs are actually safe for one to do. Apart from ICOs, some airdrops sometimes require KYC of which you will later realize the airdrop to be fake. What then happens to the information they collected? Will it still be safe?
Yes, you are correct. It is not safe to trust just any KYCs and also some ICOs. You need to choose the right  and safe ICOs carefully. And do not just give your personal information to anybody.
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Board Bitcoin Discussion
Re: How do we change the public's view of Crypto world?
by
Bugsbey
on 31/07/2018, 08:25:39 UTC
This is really a very important issue and I think it is necessary now to change public views on crypto. For this we will have spread the positive news about the crypto more rather than the negativities. We should stop spreading FUD and help each other so that individual can flourish and thus the whole market will start developing.
Yes, I absolutely agree with you fellow. We must spread the goodness of crypto currency. We must share what we know about it. There are lots of people who needs it.
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Board Bitcoin Discussion
Re: EVERY TIME IS RIGHT TO BUY AND SELL
by
Bugsbey
on 31/07/2018, 07:46:35 UTC
Looking at how BTC is and its ability to increase, I have seen people posting all all over the forum that can I buy now, is this the right time to buy and many more. To me I think every time is the right and best time to buy BTC so we should go on and buy any amount we want to and stop all those post because when you buy now there will surely be a time to come where it will increase in price for you to enjoy it. We can buy and sell anytime and anytime is the best time. What do you think guys? Any suggestions?    
There is a right timing to buy and sell your bitcoin. It is usually right time to buy at its lowest price. And you will sell them at the price based on your target profit. It is just like that.
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Board Speculation
Re: New Exchanges Are Coming? But It is OK?
by
Bugsbey
on 31/07/2018, 00:04:55 UTC
Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
For me its good to have many exchanging sites to choose from. We will just choose from them wisely. We must make sure our transaction is at its safiest
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Board Bitcoin Discussion
Re: Its time to move on, and ignore the BTC !!!
by
Bugsbey
on 30/07/2018, 11:21:14 UTC
Moving on and ignore Bitcoin is a sign of impatient and doesn't have trust and believes to it. To moving on and just ignoring Bitcoin is the most impossible things that I can do because I'm a true believer of it and I'm embracing and supporting it so much because it really changing my life to a better. It helps me so much and because of it I can say that I already secure my future and my family's too.
Faith is most of the time our way to success. Just believe and do not give up. Bitcoin is the currency of the new generation. More and more people are believing in this, so why not try believing it too?
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Board Bitcoin Discussion
Re: Cryptocurrency as Commodities in Indonesia.
by
Bugsbey
on 30/07/2018, 08:35:58 UTC
According to Bitcoin.com

Quote
Cryptocurrencies in Indonesia will be regarded as commodities, according to a new decision by the country’s futures market regulator. It comes after a study concluding that digital coins deserve the commodity status. The government is expected to prepare a broader regulation covering other aspects of the crypto sector including trading and taxation.

What do you think will happen to cryptocurrency now that Indonesia is legalizing the cryptocurrency in their country? Even though they have stated earlier this year that they are banning Bitcoin?

I think that it will serve as a positive news to cryptocurrency and might help to gain a lot of new investors. Because of the study that Futures Exchange Supervisory Board (Indonesia) conducted in the past four months, they have concluded that Cryptocurrency is a commodity. I think that it might serve as a sign to other countries to legalize Cryptocurrency in their countries.

This is the Source.
What happen to Indonesia now is a great news for us crypto investors . The population if investors and crypto users are now growing which become impossibly a bubble.
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Board Bitcoin Discussion
Re: Bitcoin or Property? What might be the best investment?
by
Bugsbey
on 30/07/2018, 07:51:52 UTC
We had a very interesting discussion over the weekend and people debated if it was better to invest in property or to invest in Bitcoin. The argument was as follows :

1. Most people cannot afford to buy property, so they take a home loan at a Bank. The home loan is paid back with interest and some of these loans are spread out over 20 years to make it affordable to the person who takes out the loan. So, over that 20 years the house of $100 000 will cost you say $1 000 000. {$900 000 paid in interest}

The argument is also that the property has to increase in value, with more than $900 000 for you to say that it was a good investment AND you have to sell that property to get that profit.

2. The other side of the room said it was better to rent a smaller property and to invest the "savings" into something like Bitcoin, because your profit will pay for a bigger deposit or even a whole property in a few years time.

I think paying a high interest rate to a Bank is just as bad as paying rent to a Landlord, because you are getting screwed in both these circumstances.  Angry

We all want to live in big houses that we cannot afford.  Roll Eyes
Both are stressful of course. You are always get screwed especially in times of dues. But if I am to choose, I would rather suffer to just rent a small house and then invest in bitocoin with the capital I have on hand.
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Board Bitcoin Discussion
Re: Crypto currency in five years!
by
Bugsbey
on 30/07/2018, 07:22:24 UTC
Legendary investor Tim Draper is confident that in five years all will use crypto currency. According to Draper, the technological shift that we can observe now will be more significant than the transition from the Stone Age to the Bronze Age. Answering the question about how he sees the current situation in comparison with the period when he invested in the technologies of web 1.0 and 2.0, he replied that web technologies and transformed the concept of information, while blocking has the potential to transform almost all industries, including government services.
Every year technology is growing. There are always innovations. So, I think crypto currency will always fit with what we will have in the future. Maybe there are also changes in crypto world but crypto currency will always be usable.
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Board Bitcoin Discussion
Re: 1 Bitcoin converted into BCH
by
Bugsbey
on 26/07/2018, 13:10:36 UTC
what is the point of starting this topic?
there are thousands of altcoins out there and if you invest 1BTC in each and everyone of them you have a chance of making profit since all of them have a chance of getting pumped. if we start making topics for each shitcoin we invest and gets pumped then this forum will be filled with millions of topics every hour!
I agree,  there are lots of altcoins to choose from.  Just in case you are tired of waiting fot bitcoin's price to go up higher again.  But,  If I were that guy who is starting this thread,  I will rather choose to wait for bitcoin to be green.
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Board Bitcoin Discussion
Re: What factors scare others from investing into bitcoin?
by
Bugsbey
on 26/07/2018, 08:36:46 UTC
Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
Those people who are so new to bitcoin and do not have the proper information about it are the ones who easily quit investing. They do not know that volatility of this coin makes it good for investments.
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Board Bitcoin Discussion
Re: How do I find the Next Big thing like Bitcoin?
by
Bugsbey
on 26/07/2018, 04:58:00 UTC
How do I determine and invest in something which can turn on in the coming years.Like a person who invested in Bitcoin in 2009(when Bitcoin was less known and popular) had received a huge appreciation in coming years.How to sense and identify that Next Big thing?
You can still invest in bitcoin. Its never too late for that. Bitcoin is still so potencial and I know its price will still be growing higher than before. So, just invest in bitcoin still.
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Board Bitcoin Discussion
Re: Bitcoin/blockchain are magical, they've done it again
by
Bugsbey
on 25/07/2018, 14:32:44 UTC
Hurray bitcoin has done it again, Wells Fargo and Barclays Acquire Token and KYC Blockchain Patents. Now many banks will definitely follow suite. Thanks to our mother coin and its unique technology. Cryptocurrencies will soon be Incorporated in the banking service. for more info kindly visit the link below:
https://btcmanager.com/banking-on-hype-wells-fargo-and-barclays-acquire-token-and-kyc-blockchain-patents/
Soon crypto currency will be used by many for saving, investments and buying things. It will be much easier and faster to use. The creator of these is really a genius.
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Board Bitcoin Discussion
Re: why do governments don't make BTC illegal worldwide ?
by
Bugsbey
on 25/07/2018, 12:24:02 UTC
I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !

BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?



Bitcoin and blockchain is risky. The government is afraid of this because this could be used by those selfish people. It can be a help or q disaster to people.
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Board Bitcoin Discussion
Re: Safety can not come to the bitcoin investor
by
Bugsbey
on 25/07/2018, 08:41:00 UTC
Safety can not come to the bitcoin investor. Nothing and absolutely safe. Everything has its own risk, its danger. No one knows what tomorrow will be like. Only know that if we do nothing then there is no danger nor money
riskrisk

Just be so careful. Yes in every investments, there is really chances of losing and there are also people want an easy money. So if you are investing in crypto world, make sure you are clever enough and do not trust anyone of your personal information.
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Board Bitcoin Discussion
Re: In Germany, bitcoin was recognized as legal tender
by
Bugsbey
on 24/07/2018, 10:58:02 UTC
Yes, today I heard this news and was very happy. Bitcoin continues his victorious procession around the world. I hope that the example of Germany will be followed by other European countries, which will contribute to the even greater popularity of bitcoin.
This happening in Germany is beneficial for all of us bitcoiners. We really are must be happy. I too will hope that other European countries will do same as Germany.
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Board Bitcoin Discussion
Re: Big warning to crypto community on astroturfing hype
by
Bugsbey
on 23/07/2018, 13:23:06 UTC
Well, I wouldn't say that you re completely right or completely wrong. It's not just these forum or any other site, such deceptive figures have been decieving people and they exist literally in every field. But that doesn't indicate the whole community is deceptive, we just gotta be careful in this corrupted world.
I agree with you fellow. This place can help or can give us false information. If we are not careful then, we may be following the wrong way. So we must be careful.r
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Board Bitcoin Discussion
Re: BMW now accepts Bitcoin as a payment!
by
Bugsbey
on 23/07/2018, 10:21:01 UTC
I bought my BMW 5 Bitcoins. This is the type of sentence that will be heard soon, major players that support Bitcoin are more numerous, mainstream adoption approach.

Quote
Stephen James is now accepting Bitcoin for the purchase of your new BMW! Contact us today to find out more about how you can use Bitcoin to walk away with a brand-new Vehicle


Read more here: https://news.crypto-analyse.com/en/2018/07/20/bmw-now-accepts-bitcoin-as-a-payment/

And here:
https://cryptodaily.co.uk/2018/07/bmw-now-accepts-bitcoin-as-payment/

Here:
https://usethebitcoin.com/stephen-james-bmw-accepts-bitcoin-payments-for-car-purchases/

Official tweet from Stephen james company:
https://twitter.com/SJBMWGroup/status/1014887028746571777
That is so amazing to hear. if that happen it will be so great. It will be a sign that crypto currency is accepted in almost all over the world. Maybe it will be the solution to our economic problem.
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Board Bitcoin Discussion
Re: Your investment strategy?
by
Bugsbey
on 23/07/2018, 08:58:21 UTC
Hello all.

The current situation of the market is not so good. I believe that some of you are panic, some are giving up, some holding to die.  Cry

Could you please share with us your current investment strategy so that everybody can learn from your good practices and overcome this tough time?

https://pbs.twimg.com/profile_images/923241266506358784/ebaWuxTd_400x400.jpg
In times like these, all I have to do is to extend my patience. I will not  pressure myself and I will not rush on things. I might regret on it. But I will not desire for biggest profit.Everything for me is just in moderation.