Bitcoin Forum

Hi,

I'm glad the shitcoins from 2014 are almost gone.. ;D
All these new coins have some interesting projects.

I think the whole world will use the blockchain for:
- Tax Fraud Activity
- medical technology
- computer learning / AI
- gaming / vr
- bank transactions
- a lot more...

We aren't there yet, but I think it will be BIG.
What future coins do you follow?

ofc it will be big. Question is what will stick around and be successful. It's the wild west out here!

yeah i'm with you on this one, shitcoin of 2017 are far better than the purely pump and dump of 2014, they evolved now, they offer some nice features, that can be good in the later era of adoption of altcoin, i think soem of these coins will never die, and will remain active with bitcoin, perhaps used to buy stuff when regulated correctly

I think the shitcoins of 2014 has slowly died. But there are also shitcoins popping here in there in 2017. Some just stood the test of time and stay along with bitcoin. However, I think you are right, they will just evolved with new names, so I guess we still need to validate them before putting our investments in them.

yeah,more and more application will be release by Blockchain
it's more technology develop coin release!

Yep, I agree. We are in phase of ground adoption already and with time being we gonna see more places accepting cryptocurrencies. So it is wrong to say cryptocurrencies prices simply bubble as they aren't anymore.
One place I think having huge scope of cryptocurrency development is gaming as you mentioned. There are several sites offering games of different ranges, if they all gonna accept cryptos as their internal currencies then demand gonna shoot many times. Imagine Miniclip providing you cue in 8 Ball Pool for Ethereum :D

I like how zcash works. This blockchain technology is worthwhile for healthcare and medical field type of business to implement. In zcash, people will be able to write their transactions in their block chain, but there is this feature were the sender and the receiver are anonymous but people can see the transaction on the blockchain. This means it has been written on the blockchain, just that it is unknown to the public who owns such transaction. What's nice too is that this information can be revealed to a selected few. That few can be picked by the sender or receiver.

I agree too. I remember in 2014 when an innovation was sometimes only a coin with faster blocks  ;D
Sometimes, the only innovation seen was the name of the coin, representing something but there was nothing behind.

yes, it will be BIG!

how could the blockchain be used for gaming and VR and for medical technology ???

there are still many people abusing this system and trying to pump a coin in order to make money. Therefore, a bubble can appear in any coin except some top 10 coins. Therefore, always prepare for the worst situation

People get smarter, nowadays is not enough to make coin with fancy name and expect it will get sucess. Cheating people today is more harder than in 2014

Sorry I mean science:
Like the supercomputer Golem: https://golem.network

If you need superpower you can use the blockchain for VR:
http://www.coindesk.com/blockchain-powered-vr-world-enters-new-testing-phase/

I hope you are right. Even in Ukraine there have been some projects sponsored by Microsoft related to implementation of blockchain technology into different business ideas. If coins really get used and become a part of some real things people need and like, the prices won't fall but can even grow more. Nevertheless, I think now they are quite fake and are so hich due to newcomers which get interested and just buy and hold the currencies.

You're right. Blockchain will be used in lots of fields of our life.
Probably, you know such company Bitfury - they develop blockchain solutions for government, last contract they signed was a project connected with state auctions in Ukraine and they have much more projects, so in next few years we will a lot of technologies around.

https://ico.anryze.com

Of course there's a bubble.  I've analyzed and reanalyzed the charts of bitcoin and the total market cap and have come to the conclusion that the bubble has not burst yet... we have higher highs and higher lows... now that's not to say the bubble couldn't burst in the next few days, but it hasn't burst "yet" ..  during the 2013 bubble the exact day the bubble burst was December 5th, when bitcoin failed to break the previous high to maintain the uptrend and instead broke the long term trendline. You had a couple of precious days there to dump at a decent price.  Right now we haven't done that yet.. the longer term trendline remains in place.

Until then, I'm taking no action, since I was at work today and missed the opportunity to snipe some cheaper coin around $2200. I'll hold the alts I have while maintaining a cash position on GDAX and wait and see. Since I have off all weekend, I might dump $50K into bitcoin and see if I can ride it up, depending on the short term technicals.  I'd imagine cryptos are a day trader's wet dream. Nowhere in the stock market do you see these kind of percentage swings.   I never had enough money to bother swing trading until now. Might as well gain some experience.



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For me I follow many coins but I won't mention it here because it is too many to list. Even though many shitcoins from 2014 are gone, still there are many new shitcoins from 2017 that might be gone 2 to three years from now. Like the one who posted before me, I think bitcoin still has a bubble that could not burst yet because of strong buy support but it will burst sooner or later on.

There’s a bunch of Altcoins that claim that they are really working on something that will change how we do crypto though nothing really happens a few months after that announcement. The only coin I would want to see make it would be MaidSafe because they’ve been at it for years.

I really wish that people would research and not post topics based on half understandings of concepts.  The "Tulip Bubble" and other bubbles are defined as high prices paid for a service/item that has a fraction of the value.  Bitcoin is not that.  The price may fall to $100 and that is still not a "bubble pop".

I predict there will be a large correction before the bitcoin fork in August. Large ICOs have to convert their funds to fiat, as planned in their white paper.

OMG you guys really think this is a legitimate scene..... ? if you do then holy fuck, we have criminals with their laundered money wanting to hide it away & spend, then on the other side we have normal investors wanting to make money that isn't regulated on profits unlike the normal everyday stocks or banking investments even building project investments, tell me again why everyone is holding Bitcoin if all they want to do is sell it to another user for FIAT then that new user rinses and repeats ?

All these new tech coins are just part of the game that has been going on for the last half decade, tell me this..... would you throw up your best shit first and have nothing left to build upon ? or would you rehash the same shit over and over again until people get sick of it then slowly introduce new technology implementations to gain their attention again with the "NEW TECH" you always had in the back of your pocket ?

A lurker sees all, even with the talk of how Charlie Lee (Coblee) could actually be the great satoshi has increased the LTC market cap, which I actually think is quite a plausible argument.

BTC = No Public Face, LTC = Public Face

Both had/have the same original ideology with the future of P2P e-cash and since Charlie Lee played his part with making Coinbase better he bids adieu and comes back to his baby :)

After all the BTC Core Dev Team can't even get shit done, they think holding back with the small block limits will keep its value for being so fucking slow !

For the past three years Bitcoin has a defined transparent market value and despite the fact that it is an intangible, it has a value and that value is near the price paid, there are no bubbles there.  The exact economically defined "bubble" based on the formulas and nothing more than the market cap of Bitcoin would mean that a bubble would not exist until the price hit $37,900.

Care to quote sources for such fantastic claim?

I'd love to know this too, I don't think I've seen any formulas or anything discussed here before to predict a bubble.

yes i do agree the points your mention . you forget to mention huge money transaction from one country to another country before bitcoin or any crypto it was too much problem now it made bit easy not completely . Ethereum going good because of lots of ICO based on ERC20 tokens not only because of above reason.

I think this is a huge bubble that's gonna burst sooner or later. 2 months ago all alt coins were 10x lower in value... where do you think all these money come from? Think again guys... risk only what you can risk because when it will burst it will be huge.

If you think that a lot of shit coins from 2014 are almost gone then wait for a few years you might see more coins vanishing with time as there are shit ton load of shit coins out there,there are interesting projects but who knows what their future will be,can you explain how block chain will be used to tax fraud activity,is there any coin that you know.

Yes it will have a big dump soon or later, how high can that goes before that and when it will happen is the question, It's was seems before on bitcoin, and it will happen again, but I think, like it happens before, after that the market recover and go back to new high. it's like that since 2009 for bitcoin. Big high, low stabilization and then new high. your gain or loss will only be a question of when you get your money out.

Oh, it's a bubble.
Look at BAT or Status. Who's going to use the brave browser? I don't see it gaining any traction. People will continue to use Chrome because it's a google product. They don't care enough to switch.

Status is even more preposterous. They want to compete with We Chat or LINE. Not gonna happen.

At the end of the day very few coins are worth anything. I grow more concerned w/ each passing day.

I installed the brave browser and I think the idea is very good and should help the publishers to monetize their website. As you may know, many people use ads blocker to accelerate the browsing experience.

I agree with you, many coins will not worth anything and don't have a real use case for the real world.

when greed overcome logic bubble appear but from bubble popping, you understand what have real value and what is a hoax

be positive and dont invest more than you can afford to lose

It could happen but the more time passes there are more people interested, so what is expensive for another people  is cheap, ideas are diversifying, some will succeed others not, what I'm really trying to say is that nobody knows when that bubble will explode it can be months, years or even decades.

it will still depend if how profitable it is, since big whales really enjoying what they are doing right now allowing some newcomers to make some gain from the pumped which they'd created  i also seeing big possibilities that incoming dumped will happen in no time after newbies from the trading business showed big interest and invest huge amount of money.

Tax fraud will not go a longway.

total market cap is starting to roll over without surpassing the previous high.. lower highs is not good.. the bubble could burst in the next 7 days if we don't surpass the previous all time high.


My beef with the tax code in the US is how complex it is. You shouldn't have to track every single bleeping trade and log it, there should be one flat capital gains tax rate, and the brokerage you use should be able to track all trades all year long and all the gains and losses and come up with a single number for you to use to report to uncle sam, your net gain/loss. This single number can be used to calculate your taxes, instead of having to log dozens of trades and whether they were short or long term capital gains. It's needlessly complex.  If they want to charge day traders more, they should just institute a per trade tax that goes right to uncle sam that's a flat fee the brokerage collects. In any case, they won't change the tax code and I'm still not sure how I'm going to handle the tax mess. I'll worry about it later.

I think it is not about bubbles or not in digital coins, the most important is what's will happen to us
as comunity of digital coins.
we must becareful with all of them, because we can not do anything if it is bubbles.
Also mostly users doesn't take anything advantages from digital coins except just couples dollars with taking high risk.