This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.



This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

Friends, recent i found a company " btclust" that provide escort services using bitcoins, i was googling about it in my country and i found it, so i make a online booking with 50% payment, firstly i never imagine about its possible but as a try i paid them using bitcoins. at evening i got a mail in my inbox that my booking has been confirmed and a local escort agency "queens palace" will confirm it within 2 hours.

after 1/2 hours i got again a mail from queens palace escort agency that my escort booking is confirmed. they verified my address over mail, after it i got a again mail that congrats your model is ready to move on time.

on the booking time i got a call from a girl and she want a appointment to meet me, i say ok and i meet her, she was nice and trained in their work. ya my night was wonderful with her.



you can also use Bitcoin Escort Service and share your experience on this topic



am from russia so sorry for my English

please share your experience here

Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???


****Note(02/09/2018):- Hi Friends,
Thanks for the discussion.I just want to clear few points that I never call Bitcoin a scam.I am just highlighting a news published in a top most news paper of my country.Bitcoin is used to scam people by BitConnect.Latest update about this scam is much more money involved.
From that news following points came into light:

1) A big chunk of money disappear from market because scammer run with that money.
2) The investors who already invested never think or maybe hesitate to invest again.New investors if came across this news try to avoid this market.
3) Because of these kinds of scams RBI and Govt. of India try to restrict transactions related this market which intern affect this market.
I read same kind of scam cases came into light from different countries like Indonesia, Malaysia,Thailand, Japan, Canada UK etc....

I also read a news that many prominent crypto exchanges and crypto personalities joining hands to ride out these kind of scams.I hope they will succeed in their mission.

More over this post is not to panic any one but to discuss and spread awareness about this new market.

Why should we care? The man made his money outset of cryptocurrency therefore he is not an authority here. Just like Warren Buffet these people got their success on their own terms and they should be respected for that. Now, people usually ask these people on what they can say about Bitcoin and they are looking Bitcoin at their own lenses...their own opinion and ideas and we should give these people the space that they deserved. But to think that they should be influencing the movement of Bitcoin that can already be far-fetched.

Although Bitcoin exists for almost 10 years, its role in our life is still unclear. One of the theories states that Bitcoin was created to solve the problems which fiat money cannot overcome. We can see how so many Governments have huge debts and how some countries cannot support their own currency (Venezuela might be the best example now), so Bitcoin looks like a possible option nowadays. Getting rich was never the goal for Bitcoin. It was meant to become the currency of the digital world and provide an alternative to the dying economy.

So the question is, how do you think, should Bitcoin replace Fiat money, or there are other options of how it could be useful to the society?

Edit: To give you more food for thought, there is a nice article about the history of the creation of both Fiat and Bitcoin and their detailed comparison.

I see a lot of people claims that crypto is the currency of the future and in few years the value of one BTC would be around 70-100k
How do you think this industry will evolve in the future and what would really happen?

Remember the date, 10 years from now we can come back and see if we right XD
https://guerrillabuzz.com/wp-content/uploads/2018/09/BackToTheFuture-Crypto-mems-guerrilla-buzz-.jpg

Overview

Either you are nobody of bitcoin or an enthusiastic of crypto currency investing, you must be familiar or at least of no strange to Bitcoin ATM or crypto currency ATM.
As is mentioned everywhere, like in this article “Beginner's Guideline: What's Bitcoin ATM and How to Use Bitcoin ATM?”, crypto currency ATM provide cash deposit and withdraw service as well as buying/selling crypto coin with cash by connecting to exchange or other crypto trading platform.
It’s no strange that you see Bitcoin everywhere in USA, like in coffee bar, shopping mall, railway station, etc. Because the cryptocurrency ATM industry is dramatically growing and cryptocurrency and bitcoin ATM is tend to wide adoption.
https://i.redd.it/qjpxcuk0bzj11.png
CoinatmRadar reported over 3500 bitcoin ATMs worldwide with surging increase from 2017. And there are more than 31 manufacturers and over 400 operators worldwide at the mid of August.
Obviously as crypto currency is on the trend, bitcoin might work as fiat money as we use today. Crypto ATM is becoming prosperous in diversity. The majorities of us are so excited about the Bitcoin ATM.
But do you know where the excitement comes? Absolutely because it has so much practical use to the industry and users.
For your better understanding of cyrptocurrency and bitcoin ATM, here I listed some of the advantages of Bitcoin ATMs.

Advantages
1. To bitcoin ATM Uses

• Convenient：Buy bitcoin or other coins anywhere easily

Bitcoin ATM works as an alternative of exchanges, provide very easy access for anyone to invest in crypto world. Instead of the troublesome process trading on exchange platforms, users just need to use insert cash and buying directly. No bothers to send driver license, or phone numbers for ID verification.
- No risk of personal information leakage thanks to decentralization
It’s decentralization. Buying bitcoins anywhere seems the most attractive functions, but its value actually consist in its decentralization with blockchain technology. As it all known that blockchain is anonymous which allows cash to bicoin converting with risk of no bank account or identity credential. Bitcoin ATM doesn’t collect personal information after all. Here is how transaction goes on bitcoin ATM: Cash,ATM, Phone wallet（cold wallet），Trade done

• Bring blockchain to real life

Most of the majority of us really don’t understand the “encryption algorithm technology keeps our asset safe and the “mining” and “Peer-to-peer” network brings the bitcoin address out in the blockchain world. Nor do we know about the complex k line in digital exchange platform which needs some financial knowledge. This drags the wide application of blockchain technology like what internet does. But bitcoin ATM does help by bringing them into real life. Bring the blockchain or complex digital exchange to daily use. No exchange, no the so cold

​2. To Bitcoin ATM business startup

• - Growing Popularity

Growing Popularity means demands which in return boost Bitcoin ATM trading.
The crypto market is expanding. Every day, new investors are learning about the advantages of blockchain technology. This demand is creating a unique opportunity for savvy entrepreneurs looking to position themselves in the market before mainstream adoption. Bitcoin ATMs bring a new level of convenience to the crypto market, by allowing any individual to purchase crypto directly. This is also an increase of cryptocurrency awareness which therefore will boost the whole industry.

• - Low-cost to enter crypto startup world

Some crypto-ATM watcher hesitate to start the business due to the high cost like in software, hardware and maintenance fee, etc. But this is the most cost-effective project in the blockchain world, compared with crypto mining, digital exchange. No much high electricity to mine BTC. Currently, an average cost of one single bitcoin is $4758. No need to hire a lot of staff, no additional hardware, etc. Check out this article if you have no idea what the cost to start up bitcoin ATM business. ( ********)
As it is already known that bitcoin ATM cost mainly comes from hardware, software, connection to hot wallet. Let’s have a look at how bitcoin ATM saves your startup cost:
Bitcoin is purchased from exchange and transformed to Bitcoin ATM. Most bitcoin ATM preprogramed with exchange and you don’t need to stock a hot wallet. This is where the startup cost save. Because most bitcoin ATM manufacturer also have business in digital exchange, wallet, etc.
Another one is that compared with other sectors in blockchain world, the Bitcoin ATM business is the most low-cost and most suitable for you to get started in crypto currency. To start an exchange, you need ****; as for mining pool, the electricity is horribly high. It’s reported on news that to mine. One BTC cost $1900 electricity. This is a huge amount which is not the norm of us can afford.

• - Direct Access to ICOs

In the crypto sphere, there is many ICO demand from token projects. Bitcoin ATM provide access to purchase BTC, ETH and LTC, etc. Besides directly connecting to exchange, token companies would love to list their coins in bitcoin ATM for the sake of ICO as well as branding. Eventually, the access to ICO finally add more business and trading on your bitcoin ATM so as to earn more liquidity and profit.

​Summary
You must have founded that there’s little mention on its disadvantage. I personally don’t see any. If there has to be, then it’s the fees that everybody complaints about. But I believe people would willing to buy convenience even with 10% fees. Just like the tradition ATMs do. It’s a time problem.
From the user’s side, bitcoin ATM is convenience and easy to get in real life; From the Bitcoin ATM business startup, it’s low-cost and its indirect ICO access provide the ease to entering crypto world.
Overall, crypto currency ATM helps solve the problem of; and the adoption of cryptocurrency and blockchain by bringing it to real life. Everybody can use crytocurrency and everyone knows and habited to use it just like the internet. This is the real essence of crypto currency.
Only the concept solve problem and be widely used that lasts. And only you can decide if a Bitcoin ATM is the right or not.
​
DOBI ATM is an excellent software developer and hardware manufacturer.
Twitter: https://twitter.com/AtmDobi
Website: http://www.dobiatm.com/dobiatm.html

Related Articles:
Beginner's Guideline: What's Bitcoin ATM and How to Use Bitcoin ATM? https://www.reddit.com/user/DOBI-ATM/comments/98qeku/beginners_guideline_whats_bitcoin_atm_and_how_to/
DOBI ATM-the world best bitcoin ATM Manufacturer https://www.reddit.com/user/DOBI-ATM/comments/97ozyn/whos_dobi_atm/

That is why bitcoin is the most trustworthy and secure investment vehicle in the crypto space. There are lots of altcoins in the market but for me bitcoin is still the best bet of them all.
Many FUD spreading everywhere that bitcoin will be dead anytime soon but that's just too impossible to think of given the fact that bitcoin is slowly being adopted by the society and is going mainstream. With the bearish market that we experienced this year, bitcoin remained strong and the support of the community exhibited by bitcoin's performance in the market.

https://bitcoinist.com/tom-lee-bitcoin-best-house-tough-market/

Will it be possible for the future projects in blockchain and for bitcoin to involve Artificial Intelligence in its working for increased efficiency? And will the use of AI be even useful or possible?

I have come to a point where sharing is loving and would like to share this good news about the market fall down of bitcoin and other crypto. Well it is not really that bad news especially if you had already holding crypto because there will come a time that bitcoin will going to go high again on its market price. Just relax, seat back and watch market price going strong each day. And to those who do not have yet their crypto then i this is a good advise invest now and earn in the next few days, weeks or months.

So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?

LOL. What Insider Trading? Care to share your experienced? Do you know what insider trading means? Casuals like us a chance if you are talking about making profits, its just how you react, if you panic, you lose, if you have that patience and a tough mentality and easily not tempted to sell, then you can ride the waves with the whales and can make profit in the end. Those who have been suckered didn't know how the market really works, but for sure if they lose money along the way, they can get valuable experience in return.

Have you seen that MIT technology review explaining 3 ways to destroy Bitcoin ? It is from a month ago.

Well I won't discuss that, but briefly, imo they have too much imagination, for real, it's all biased.

So basically, even with this news the prices went up from about 7k at the time to the prices that are now. I learned that Bitcoin prices usually fluctuate due to bad news, but I started to follow prices only this year. What kind of news would make the prices decrease ? Anyone remembers one ?

Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.

Can the BTCitcoins of a wallet be stolen just with the public key?

Example: I have 50 BTC in my wallet, any person very far from me asks for I sell them 50 BTC and they say me they need a POF (Prove of founds), so they ask for I send a small amount of btc, (can be 10,000 satoshis) for they check the wallet in blockchain and make sure I have the enough amount to sell.

I ask this because I have heard a wallet can be cleared just to have the public key and with to have sent satoshis previously.

Please let me to know and if is possible, technical examples why can exists the possibility this happens. Or technically why this cannot happend.

Thank you!

Bitcoin is not just a life saver but also a life changer. Before, I don't know anything about investment. I'm just a minimum wage earner and my salary is most of the time insufficient to my needs. My family is struggling financially. When Bitcoin was introduced to my life, everything changed. At first, I invested a very little portion of my salary to HYIP and gambling hoping that my life will change instantly as what those sites promised me but I was scammed multiple times. It was devastating so I decided to stop investing on Bitcoin. After a few months, I saw some posts on social media on how Bitcoin changed a person's life so I decided to give it another try but this time, I will make sure to invest in myself first and study more about cryptocurrency. I learned about this forum and from here, I learned more things about Bitcoin specially on trading and investments. Now, I cannot say that I'm completely financially free but I can say that I'm already earning more than enough for me and my family's needs.

Bitcoin gave me another hope about life. There are times when we are feeling wasted and wants to give up but before you give up, ask your self first if you already did your best. There are times that we will definiyely lose and people will ruin our dreams but that is not a reason to stop. Just like on my experience, I got scammed but after a few months, I gabe it another shot. If I gave up, I might still ne struggling financially.

Life will definitely throw you lemons. All we need to do is learn how to make it into lemonade. I'm very thankful to Bitcoin. To all investors out there, just invest on your self first and I assure you, you'll get profit from it!

Can you back up your thoughts by some real events or anything other than saying from 27th an onwards there will be huge pump?

I was just curious to know how will adapting to blockchain technology and bitcoin effect  developing countries like India.

Possesses bitcoin as well as holding a gun 
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/