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Showing 20 of 87 results by buenav
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Topic
Board Bitcoin Discussion
Re: how the first BTC got created?
by
buenav
on 19/12/2017, 15:54:48 UTC
The miner pays themselves the mining reward with a transaction.  Therefore, there is ALWAYS at least 1 transaction for the block.

Yes, so the first block was mined by satoshi who paid himself the block reward.
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Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] ChronoLogic - Proof-of-Time token on Ethereum [BOUNTIES]
by
buenav
on 26/08/2017, 07:05:10 UTC
Over 8500 people have already registered their interest in the ICO via our website and over 3000 of those have supplied an Ethereum address by filling out the registration form.

If you also wish to register please fill out this form.

Wow with so many people interested then the ICO should sell out.
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Topic
Board Altcoin Discussion
Re: Bitmain Cash was stillborn. (ITS DEAD!)
by
buenav
on 01/08/2017, 16:32:26 UTC
It will survive, it will just be worth very little.
Post
Topic
Board Speculation (Altcoins)
Re: Reason behind this dip?
by
buenav
on 07/07/2017, 17:20:12 UTC
If there is such a dip this is in fact for me a late reaction to the great pump that made altcoins reach new skies. However I see it recover, so I will maybe pick a few well-chosen altcoins.

Yeah, you can't pump forever without a correction. Its not a reason to be bearish but rather to give the markets time to adjust.
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Topic
Board Services
Re: Earn $10 for simple task.
by
buenav
on 07/07/2017, 17:19:11 UTC
OP as everyone here is calling you a scammer, how about you publicly mention how it is you are earning money instead of asking for a dm. There is little reason to trust a new account in the crypto world.
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Topic
Board Tokens (Altcoins)
Re: [ANN] TenX [ICO] end of June: making Blockchain assets spendable
by
buenav
on 07/07/2017, 17:17:44 UTC
How in the world it was trading above 0.001 BTC and now the ICO holders are selling around 0.0004??? Does not make sense. Why have they sold when it was above 0.001? It is not even the double of the ICO price!!!

The era of quick flippers is gone now. Too many investors buy in the hope of selling shortly after, especially after previous successful icos.
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Topic
Board Trading Discussion
Re: What is the Biggest problem you have with trading / exchanging?
by
buenav
on 07/07/2017, 17:16:44 UTC
Hackers and scammers. I'm fairly paranoid so I'm ok but it really prevents the average person from WANTING to engage in any legitimate trade. Its unfortunate because bitcoins irreversibility and anonymity is a feature.
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Topic
Board Bitcoin Discussion
Re: How the future of bitcoin will look like
by
buenav
on 07/07/2017, 17:15:15 UTC
I think bitcoin will be like "the online coin", it can be the unitary coin of the internet and everyone will buy and sell services or products with this coin.
USD and EUR will be the major coins on the "real" or "physical" world, but bitcoin will have the monopoly of the internet world.

It depends, there have been online currencies before bitcoin that failed. They were not based on a blockchain of PoW though. But the point is if bitcoin doesn't keep innovating it will die just as they did and become a distant memory in the online world.
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Topic
Board Tokens (Altcoins)
Re: [ANN] TenX [ICO] end of June: making Blockchain assets spendable
by
buenav
on 03/07/2017, 09:41:05 UTC
can anyone explain to me what the hype about TenX card (i participated in the ICO)?

I understand it a card that let you spend your bitcoin. Who other than speculators would be willing to change their Fiat into BTC which fluctuate so wildly. And also, I understand they give 0.5% rebate. In Singapore, they give about 1% rebate for every dollar spend on credit card and you don't need to pay any transaction fee on credit card. Furthermore, it not anonymous as TenX has your details

Its about making crypto more accessible, think about all the people who wan't to cash out but don't want to take it in chunks from exchanges. This way you can spend your bitcoins on a whim and instantly rather than waiting days to retrieve the money, it is not going to compete with traditional credit cards rather it is for the crypto community.
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Topic
Board Bitcoin Discussion
Re: Would you include bitcoins in your will (and make it a quest)?
by
buenav
on 03/07/2017, 09:33:58 UTC
Money is no laughing matter so making it a quest sounds fun but if they don't figure it out then you have wasted everyones time and your money would be gone forever. I don't see a problem with including bitcoin in a will though and when I write one I will seriously consider it, I wouldn't even need to keep the private keys anywhere if I left them on an exchange. I'm pretty sure they would have to abide by the rulings of the will anyway.
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Topic
Board Bitcoin Discussion
Re: [Russia] Burger King to accept Bitcoin this summer!
by
buenav
on 03/07/2017, 09:30:40 UTC
Its not really significant as far as bitcoin goes but its good publicity and is sure to spark the interest of more and more people towards bitcoin.
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin Sound Money?
by
buenav
on 14/06/2017, 00:34:13 UTC
Bitcoin is sound money as you can convert it in real cash in just 10 minutes in an exchange. If you are in Europe for example you can do so from bitpanda.

Bitcoin is sound as you and only you are in charge of it and it has no central authority to make decisions about it. You are your own bank. In this sense bitcoin is the most sound money that exist out there ( in the internet).


Your first line describes it as an asset which is not the same thing as money. Money implies you are using it directly without exchanging it and for me there are some cases of this but the vast majority of bitcoins are held as an asset and not as money.
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Topic
Board Gambling discussion
Re: What do you feel when win in gambling?
by
buenav
on 14/06/2017, 00:32:37 UTC
When I win a single bet I feel very little but when I get a hot streak I suddenly feel excited like I'm top of the world and invincible.

This is one of the reasons I don't gamble often, I quickly find out that I'm actually vulnerable when I then lose all my winnings.
It's a very often thing that happens in the gambling world, and that's where you will know that you manage to win and get away with it, very often when they feel invulnerable, they will suddenly realize that they are not and they are just going to lose everything that you've won. I've experienced that also.

Thats why I choose to control myself beforehand by going in with a fixed amount and telling myself I've already lost it before I've made any bets.
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Topic
Board Speculation
Re: Are we going to 5,000 $/btc ?
by
buenav
on 14/06/2017, 00:28:37 UTC
I personally think bitcoin will increase but not expecting $5000 by this year without any big events. I think $5000 in 2018.

Its pumped super fast over the past weeks and doubled in under a month. Assuming that happens again, or even if it pumps much slower I don't see why $5000 won't happen this year.
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Topic
Board Speculation (Altcoins)
Re: the korean are fake pump etherium volumes
by
buenav
on 14/06/2017, 00:26:57 UTC
Its possible some of the volume is fake but as far as I know some of these exchanges have 0% fees so traders trade in mass fake or not. Is this not the case with these exchanges?
Post
Topic
Board Altcoin Discussion
Re: How to know if the ICO is scam
by
buenav
on 14/06/2017, 00:23:06 UTC
The best way is to look into the team behind the project and see if they are legit and whether they have known people among them. I also suggest talking to other people in various slacks and here on the forum to find out what other people think.
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Topic
Board Altcoin Discussion
Re: Ethereum SCAM?
by
buenav
on 14/06/2017, 00:19:38 UTC
Bitcoin will be one among many options, deal with it.

100% agreed and what I think happens is people get biased towards their own investment and against others to justify to themselves why they didn't invest in the other one.
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Topic
Board Service Discussion (Altcoins)
Re: RIP Poloniex Trollbox
by
buenav
on 14/06/2017, 00:16:57 UTC
So does anyone know if indefinitely means its never coming back or just coming back once they are back on their feet?

Indefinitely means never never, it is gone forever.

Well the word indefinitely means for an unspecified or unlimited time so unless Poloniex has said elsewhere its forever then I don't think it means never. So I'm hoping someone has heard something more than just speculation.
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Topic
Board Altcoin Discussion
Re: June and July ICO worth investing
by
buenav
on 14/06/2017, 00:15:36 UTC
you can see new the best ICO in here :  Announcements (Altcoins) and Marketplace (Altcoins)
so far I'm have participated there for months,

You can just choose which ICO is best for you, for newbie account maybe difficult to participate,
because minimal rank Junior Member who can join.



Agree with you. Let's take an example like SpacePirate (Rustbits). They minimize the participation of bounty campaigns, with minimum jr.member rank in order to join the bounty campaign.

Just to give an analysis of the actual token you are talking about in your example...

Rustbits seems like a hot underreported coin because they have a very professional product and a predefined low cap. I could easily see it getting sold out within minutes.
Post
Topic
Board Altcoin Discussion
Re: Shit just got real
by
buenav
on 14/06/2017, 00:13:19 UTC
Its quite a milestone when bitcoin loses its dominance to a single altcoin where just a few weeks ago we were talking about bitcoin vs the entire market.