If they Plan to kill and drop the USA dollar then why they work with so many USA dollar based stable coins like usdc thether and pax....
Stablecoins haven't got any plans to kill the USD. Neither have normal cryptocurrencies. The aim of stablecoins is to surf on the popularity of the USD and to pretend that their coin is just the digital version of the USD. As soon as the Americans create their own digital version of the USD, stablecoins will all die. |
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I am closely following the progress of what's going on in this situation and I can say war is imminent. One wrong move again and war will erupt. Though crypto will benefit in case war happens, yet, we are not hoping that it will really come true. If they can fix the issues diplomatically, why not? Because in war, no one wins.
Wars are expensive. The only reason the ISIS thing went on so long is that money was being funnelled to them from Saudi and other extreme places. Who will fund Iran, which is Shia? Their economy is a mess due to sanctions, and they have already wasted a lot of money on proxy wars in Syria, Lebanon and Yemen. |
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Currently bitcoin has almost reached $ 7,700 and of course this potential will continue for the next few weeks, maybe $ 8,000 will be reached soon this week, looking at the chart, my view and bitcoin is now starting to show its growth slowly.
Like BTC investors have begun to be owned again so that prices will continue to rise and demand increases.
Yes - but that has to do with the Iran situation more than anything else. Gold is up too, and bitcoin is starting to act like digital gold. |
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why would anybody want to waste time debating with someone who not only doesn't understand bitcoin but also is closing his eyes and ears and just repeats no like a mule? the same arguments have been used for over a decade against bitcoin while it continues to grow and make the same people angrier and more scared.
debates are only worth it if they are between two rational people.
This. Peter Schiff's audience will soon realise he is wrong about bitcoin when his predictions fail to come to pass. In the meanwhile, just ignore him and get on with whatever you are doing in the crypto world. Bitcoin has had many detractors over the last decade, but it's success hasn't depended on persuading those types of people. |
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War is just a matter of time. This kind of attack may lead to upcoming war which become great business opportunity for selling military armaments using fiat or digital assets. It might help to boost crypto price
What will be the benefit of starting a war, from Iran's point of view? War is expensive, you are literally setting money on fire when you fire off missiles. I'm not sure Iran can afford it. |
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When the next Halvening event occurs , BTC inflation will be @ 1%.
Do you think the Federal Reserve will cut interest rates to ensure that they keep up with this?
No. The Federal reserve targets price inflation, not the inflation of the money supply. Anyway, with this Iran attack, the oil price has spiked, and that will keep inflation high, which means the Fed won't cut (and might raise rates instead). |
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Scalability has been a major problem and not just with Bitcoin actually. I am sure there are now other platforms that can handle well with big volume of transactions but the problem is that people are not flipping to their sides. With enough market and users, any platform will eventually be shrinking no matter how advanced or quality the things they are offering. With Bitcoin, there is no question that this is the most known and the most trusted, among its peers. However, just like anything man-made, there will always be challenges as we are all evolving. Hopefully, something concrete and acceptable can be done on the question of scalability with Bitcoin. And hopefully too, there would be more and more Bitcoin holders who can look at Bitcoin more like a form of a currency rather than something that should be held no matter what -- speculations! Bottom line is that Bitcoin is still young, so we have to give this platform more leeway for further growth and more space for people's adoption over time, nothing can be magic in here!
Scalability issues are the reason lots of merchants like Steam disabled bitcoin and have ignored it ever since. The mempool backlogs made bitcoin unusable. I think if adoption happens it will be with an alt that is easy to use like doge. Bitcoin is now an asset like gold, and that is not going to change. |
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Basically, if there's a war, most people will die, do you think they're going to end up thinking about their cryptocurrency investments? No!
The importance of cryptocurrency at that time will actually fade and the market will fall. All of the people will just worry about the biggest problem which is the war.
Okay, all this was my view only when the US and Iran have a massive war so what's yours?
During World War 2, gold was in huge demand as it was portable money that was accepted everywhere (whereas fiat from one country might not be accepted in another). Many jewish people got out of Germany carrying some gold on their person - they were forced to sell their property for a fraction of it's worth, so basically in a crisis like that, gold was the only asset worth having because you could hide it and carry it with you. I'd say bitcoin functions in the same way (in that you can exchange it anywhere in the world). Regarding "the internet going down" - it was designed to work even if some cables get cut off and even if electricity is down in some areas. You would need to take down electricity all over the world and cut the cables all over the world, for the internet to go down. Which is extremely unlikely. |
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People say this every year - but they never move to a decentralised exchange because the Dex's don't have much liquidity.
If people want a Dex to work, they need to choose just one, and then do everything to promote it and make it liquid (including becoming market makers on that exchange). That's the only way they'll take off. Just launching a Dex and expecting people to use it usually results in nothing happening at all.
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Here are lists of some key concepts and projects that i think will definitely advance significantly more this year.
1. Libra/Calibra
2. Bitcoin Halving
3. Gaming Development on Blockchain
4. Defi Growth
5. Central Bank Currencies
6. Infrastructure and Web 3.0
Libra is not going to happen. Too many hostile governments hate the idea of stablecoins (and who can blame them?) Central bank currencies won't get issued till around 2025. There is a global economic slowdown happening now, and they won't want to release a new currency in the middle of it. Bitcoin halving is the only guaranteed event on your list! |
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today i read this news , after issue about " Pentagon confirms Trump ordered killing of Iran Guards commander" and now bitcoin take seat t be main currency  Bitcoin Selling for $24,000 per BTC in Iran as US Tensions Escalate
Iran has capital controls. So the only way to get money out of Iran is either bitcoin or gold, and for obvious reasons, bitcoin is easier to move. I don't think there will be WW3 BTW, but I think the sanctions net around Iran will tighten further, making their economy worse. |
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USA dollar weakining coz of war
So what is Next currency to use?
Its a euro?
And what is the safe asset?
I Think its not Gold and its not Property either
The dollar isn't weakening. Despite "war", it's still the safest asset on the planet. If there is a war in the middle east, the euro is not the currency to buy as the eurozone has no oil of it's own and will be badly affected by high oil prices, plus will also be affected by refugees. |
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I think it's mainly wealthy people trying to get their money out of Venezuela, and bitcoin is an easier method than dollars (because of capital controls).
Most Venezuelans don't even have a few dollars spare because their currency is wrecked, inflation so high and the economy is not working. They can't afford to buy a bitcoin (the fees to send will be more than they can afford to buy).
What we are seeing here is capital flight by the rich.
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it is not possible, however, BTC affects the value of Alt, unless every Exchange does not accept the exchange BTC = Alt, only accepts fiat = alt, then alt will be independent even without the presence of BTC.
A lot of the alts on exchanges like Kraken can be exchanged directly for dollars or euros. And the Korean exchanges allow you to exchange alts directly for Korean Won. So the potential is now there for an alt to develop an independent existence from bitcoin. |
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I definitely think people should take profits regularly. You want to convert your profits into a house, a car, a lifestyle, otherwise, what's the point?
And yes, do support those crypto businesses that accept crypto and spend some of it. Otherwise the whole eco-system will die and the value of your crypto will die with it. If crypto just becomes speculation, then eventually the party will end. You need the eco-system underneath to be robust so that it can all continue.
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After Litecoin founder Charlie Lee pledged to make a push towards improved privacy in 2019, it appears that development towards this goal is now well underway as development funding picks up steam.The new development plans to implement the MimbleWimble protocol on Litecoin, allowing users to selectively opt-in to privacy-preserving confidential transactions.Full News HereI do think that once stated and called out a person should do what he was meant at first place.Charlie Lee stated that he would pay 1:1 but he's shouting out to the Community that he won't pay all of it. It makes sense they are angry at him and asking him to pay all at once else it might die. Are you by the Communities side or you think Charlie Lee did the right call? Why should he pay for it all? Does Satoshi pay for bitcoin development? If litecoin has a genuine community who are benefiting from litecoin, then that community should pay. Benefitting while not contributing is called free-riding. |
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$14k-$15k is quite conservative estimates. The halving this year will create a lot of hype on Bitcoin again so I wouldn't be surprised if we reach $20k at the end of the year. Although I'm not sure if that is sustainable long term.
My prediction is that it will get to about $20k before the halving. But will fall back afterwards as people take profits, and then settle at around $13k to $15k. That's sort of what happened to litecoin during it's halving last August (a pump prior to the halving, and then a sell off as people took profits). |
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It's a broken system. Politicians are only concerned about getting reelected next term. They don't give a shit about long term sustainability. Popular sentiment just swings back and forth depending on who's in power and nothing substantive ever really changes. How will this get resolved? The US will default someday, of course.  I'm not so sure. The last time the US defaulted was in the 1790's after the French revolution (they refused to repay loans that the French King had made to them on the grounds that the king was gone and thus the debt was wiped out, they claimed the new French state was "different"). But ever since that infamous episode, they've paid all their debts faithfully. In other words they've been good for over 200 years. Only the UK and Switzerland have a longer record of paying debts. |
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are you sure about your statement, I am a poloniex user but do not receive messages as you mentioned, on the 30th there was an email but it was about the announcement of smaller fees, if there is indeed a leak it will indeed be very detrimental to the user, despite using 2fa security, I'm sure many users have the same password for other sites,
There is nothing at all on Poloniex's twitter acount about this at all: https://twitter.com/PoloniexIt looks like this was a scam attempt - with the scammers then trying to persuade people that the email was real in this thread! So a double scam attempt. |
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I know it's very ironic as I'm creating a thread about BSV, but let me rant a bit.
Though I understand that sometimes it's fun to laugh at their BS, let's simply stop talking about them! Regardless if it's something said by Craig Wright, Calvin Ayre, or whoever is in that faction. We're pretty much giving them the publicity they want by unnecessarily talking about their BS. It's not a productive topic to start with.
/end short rant
BSV exists because exchanges still list it and people still trade it. If you really want to kill a coin, just stop trading it. Then the exchange will say to itself, why are we spending time and money maintaining this wallet if no-one is trading it, and simply delist it. Once a coin gets delisted everywhere, it's dead. Mind you, if you have BSV coins (from the fork), sell them before you stop trading them. Selling a coin to the ground is another effective way of killing a coin. |
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