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101  Alternate cryptocurrencies / Altcoin Discussion / Re: Will new alts projects take over the lead? on: June 28, 2019, 03:28:57 PM

All alts price is down, but the question is ! 
will all of this new projects take the lead in the next bull run and leave behind good alts that have been in the market for several years ( for example STRAT , SYS , XEM  etc..  ).
I believe its almost impossible but i do think there is still a chance and i do believe there will be coins that are take the lead in terms of growth. I do recommend you to look at UBT, which are under Rank 500 but they do have a real project and already join partnership with DAML, i do believe coin such as ubt with a real project have a great chance to get into top 100 and maybe into top 10.
102  Economy / Economics / Re: You Can Now Keep Your Bitcoins In A Bank on: June 28, 2019, 02:42:53 PM
Quote
Crypto receipts!

This is the most perfect thing I have ever read about the blockchain:

Quote
Citi has developed an instrument it is calling a digital asset receipt. It works much like an American depositary receipt, which have been around for decades to give US investors a way to own foreign stocks that don’t otherwise trade on US exchanges. The foreign stock is held by a bank, which then issues the depositary receipt.

In this case, the cryptocurrency would be held by a custodian, with the so-called DAR issued by Citigroup, the people said. The bank would alert the Depository Trust & Clearing Corp., a Wall Street middleman that provides clearing and settlement services, that it issued a receipt, one of the people said. That lends an important layer of legitimacy and gives investors a way to track the investment within a system that they’re already familiar with, the person added
.

I want to cry. I want to give those paragraphs a hug. I have written, more than once, about the complexities and inefficiencies of having pretty much all U.S. stocks held by DTCC. “It’s enough to make you wish for a blockchain,” I once wrote. A secure, open, permissionless, immutable record of who owns what, one that doesn’t require investors to trust either a bank or a central Wall Street intermediary or to rely on those intermediaries’ old-fashioned systems: That is a core dream of the blockchain, a central appeal of cryptocurrencies.

And then here is Citigroup Inc. looking at investor demand and concluding: Yes, sure, Bitcoin is great, but what Bitcoin investors really want is to hold Bitcoins in the form of receipts issued by a giant bank and registered at DTCC. That’s where the real innovation is! That’s what the people want! “Take this blockchain away from me,” they cry, “and give me the old system that I know!”

A claim that you sometimes hear is that the blockchain will revolutionize back-office processes — settlement, custody, etc. — in the financial system. But look at the actual experience of cryptocurrency custody. The main story of institutional investment in cryptocurrency these days is a story of custody, broadly speaking: Large institutional investors want to get access to Bitcoin, but they do not want to own actual Bitcoins, themselves, on the actual Bitcoin blockchain. They want Bitcoin exchange-traded funds, or Bitcoin futures, or Bitcoins held in custody by regulated crypto exchanges or traditional big banks, or, sure, crypto depository receipts, why not. Everywhere there is a blockchain, a trusted central intermediary — often a bank or other old-school Wall Street middleman! — springs up to make it useful. Does that tell you anything about the prospects for blockchains to replace central intermediaries?

I confess, though, that it goes the other way too: “Two financial technology companies won New York state approval to issue cryptocurrencies pegged to the U.S. dollar,” the Gemini dollar and the Paxos Standard, “creating more regulated and transparent competitors to Tether and other so-called stable coins,” which are in turn competitors to … the dollar. If you want to hold your Bitcoins through a bank, you can, but on the other hand if you want to hold your dollars through a blockchain, you can do that too.

https://www.bloomberg.com/view/articles/2018-09-10/keep-your-bitcoins-in-the-bank

....

Summary: Citibank has created something they call a "digital asset receipt(DAR)" which could allow purchasers of bitcoin to have banks hold their coins. The details aren't clear. There isn't much information posted here about minimum purchasing amounts or who digital asset receipts will be marketed to. Its nice to see innovation and new offerings for crypto enthusiasts. Although I have a feeling these digital asset receipts might come bundled with $100,000 dollar minimum investments and cater only to high(er) end demographics.

I would guess some would opt for DAR's if they could provide insurance on bitcoins and crypto up to limited amounts.
I do think this is a good news, Even a big player in bank like citibank are started to consider crypto are something that can be hold as a currency. I think custody is really important and bank is the best candidate to gain a trust from people to start to using cryptocurrency meanwhile bank are offering a custody to keep their crypto safe.
103  Economy / Economics / Re: Please, we should not totally eliminate fiat currency on: June 28, 2019, 12:01:21 AM
Agreed. Fiat currency is the source of confidence for people who are not accustomed to trading with cryptocurrency. Nobody can ever take the fiat simply because it has been there for ages.
its true but i do think fiat are going to disappear someday cause crypto is something bettet and more transparant. I do think every country will issuing their own crypto for transaction, it will be easiear to count how much tax and prevent fraud.
104  Economy / Speculation / Re: What will the Bitcoin price be in 2020? on: June 27, 2019, 03:33:04 PM


Article:

https://www.cryptofish.com/blog/what-will-the-bitcoin-price-be-in-2020/

What do you guys think? Will we get to $100 000 in 2020 - yes/no? Why?
i guess bitcoin would not be $100k in 2020. I do think its too high and after bull run there always be a market correction, but i do think $100k is achiveable but not in short term. I do believe if market keep growing , in 2020 bitcoin will be $30k or even $50k
105  Economy / Economics / Re: Using credit cards to buy bitcoin in the bull run on: June 27, 2019, 01:56:22 PM
If you were going to do this, what card would you use?

Do any credit card companies have restrictions on bitcoin purchases?

Which cards offer incentives and bonus dollars for purchases?
I do think its great idea to purchase as much as bitcoin right now. But i dont think its good to invest by using a loan. There is still a risk in your investments even though we do see market are about to recovery, before investing we need to think about the risk and for the worst scenario. The worst scenario if you buy bitcoin using a loan and bitcoin price drop is you might not be able to pay your loan and you might lose a great amout of money which is something that you cant afford to lose. Just keep in mind everytime investing, high risk high return.
106  Economy / Economics / Re: Repeating of all time high has begun on: June 26, 2019, 06:09:55 PM
Yes the bull is back and i do think in the end of this month we will see btc to touch $15k. In this month there is so many good news that are on favor to bitcoin, i believe we might see the market grow like 2017.
107  Bitcoin / Bitcoin Discussion / Re: The reason we need cryptocurrencies on: June 26, 2019, 04:56:04 PM
Hey
How about we talk about the reason that we need cryptocurrencies, day in and day out banks and governments never fail to show us the dark side , how about we light a candle on it, let's keep adding points whatever you think what makes It amazing , what makes it worthwhile to exist.

In my view , we are finally free and out of the Monopoly world , banks governments no matter democratic or not we are all controlled like puppets , our money is actually not our money , it's the money of the banks controlled by the rich people that we would never see faces of.

With cryptocurrencies we control our own deal , we can easily make it to the top , yes it does have negative times and is risky but let's be honest , who doesn't ? Even dollar was going down !
But it also gives rewards like no other.
Yes i do think crypto is economy freedom. But we need to look at the big picture before judging our currency economy. I do believe goverments are controling the economy for the good of their citizens, it will be a chaos if the value are drop and they do trying to make it stable as much as possible and i do think the fluctuation is happening because the economy global and the competition in export of goods
108  Alternate cryptocurrencies / Altcoin Discussion / Re: Never Give up in crypto (my experience) on: June 26, 2019, 12:05:56 AM
I joined crypto last year as a noob, then started learning how to trade & do  airdrops. I kept learning until I decided to start trading myself. I got rekt on several occasions yet I kept the fire burning. I became tired of the hustle after buying into a coin which was delisted causing a massive dip, I had put in 5000$ in that coin and it turned 600$ overnight. Then I decided to take a bow.

I was encouraged by my mentor not to give up, I took it as a cock and bull story initially, I created a bitcointalk account later, scrolling through some forums just reading and learning from pro in crypto space. I decided to give it a second one try.

I added a few coins to my portfolio and abandoned them. Recently I got sacked from my job for no justifiable reason, then the only thing I could think about is crypto. I checked my portfolio yesterday, my 600$ then turned 7200$. Please always be patient. Buy into coins with great future , give it time, never panic sell. I hope you learn from my experience.
crypto is very volatile and also full of surprise, i do believe patient is the key of everything when it comes down into investing. I do believe in crypto and i do think the future is really bright for crypto.
109  Economy / Economics / Re: What are some not so obvious things that damage a country's economy? on: June 25, 2019, 05:18:46 PM
Things that damage the economy indirectly.

For example I feel that fast food and an unhealthy lifestyle leads chronic health problems that probably affects the economy not just monetarily.

Of course we can't just deny these people care, just promote a healthier lifestyle.

What are other things that we can change that will affect the economy in a positive way?
I do think plastic is somehow make the economy really bad cause they affect the enviroment which will lead into health problem and with health problem there will be a high cost that will impact into their money. Its sounds crazy but believe me when there is no clear water to drink there will be imbalance in the economy.
110  Economy / Economics / Re: Google is ending its sweeping ban on cryptocurrency-related advertising. on: June 25, 2019, 08:22:03 AM
Google is ending its sweeping ban on cryptocurrency-related advertising and plans to allow regulated crypto exchanges to buy ads in the United States and Japan. The new policy starts in October.

https://www.cnbc.com/2018/09/25/google-reverses-ban-on-cryptocurrency-exchange-advertising-in-us-japan.html

I think that this is a preparation for the reversal of the bitcoin price.

What do you think about it? What are the consequences of these changes?
not only google that lift the ban, twitter and facebook also lift the ban. I do think the main reasons is, cause crypto is started to be considered as an inovation and many people think crypto have a good use. People start understand that this is the new businesses and its wrong to just ban it just because you are afraid about it.
111  Alternate cryptocurrencies / Altcoin Discussion / Re: Russia, Philippines, Indonesia and India support crypto the most on: June 24, 2019, 11:41:41 PM
don't u find it weird? The less eveloped counties support blockchain implementation the most? what is the reason? possibility to earn or to steal?

Link to the article: https://ambcrypto.com/indonesia-russia-philippines-and-india-among-countries-whose-citizens-actively-support-budding-crypto-projects/
well they do support blockchain but they do hate cryptocurrency. For example india, in india it will be hard to convert fiat into crypto and vice versa, the goverments event give a punishment for people that are doing activity that related to cryptocurrency and in indonesia crypto regulations are unclear, which you cant use it for transactions but you do can buy it with your own risk.
112  Alternate cryptocurrencies / Altcoin Discussion / Re: What would you do to recover your losses? on: June 24, 2019, 05:41:01 PM
You have a long list of altcoin portfolio that have tanked down by 90% since you participated in the ICO.  What was $5000 is now worth $500.  You are at a loss of $4000 and there happen to be an upcoming token sale that is pretty hyped.

You are in desperate need to recover your losses and you plan to invest in that hyped token sale in hope that you can earn 5-10x.  Would you:

1. Pump fresh fiat out of your pocket into the token sale or
2. Trade off the the altcoins you have for BTC/ETH and invest into that hyped token sale.


Share your thoughts.
Well i lose pretty much money, but i do think the best think i can do was, find a good coin to invest and just hold that coin for a good time until the project success and i believe i'm gonna recover all of my money. Right now i hold UBT and i do plan to hold it for 2-4 years cause i believe UBT need time to be a mature project.
113  Bitcoin / Bitcoin Discussion / Re: Will You Advise Newbies To Enter Bitcoin Now? on: June 24, 2019, 05:30:38 PM




The general sentiment of the market is getting very positive on Bitcoin as it is experiencing some upward movement. A lot of people are expecting that Bitcoin will soon breach the $6,000 level and can possibly go beyond that level in the coming weeks and months...and there are those already predicting of $8,000 or even $10,000 before 2019 ends. I know this is just another speculative notions but this can be reflective of the ongoing confidence the market has on the King of Cryptos.

With this backdrop in mind, will you advise a newbie to bitcoin to enter at this stage so he can be able to ride the coming "boom" or will you tell him to wait some more until the market is dipping?



I think its the best time to teach them about bitcoin while the market are blooming. I think if we wanted crypto to be big, we need to spread the world about it and to teach people about it is a wonderful thing to do, i do think its good to teach people as long as they do wanted to learn.
114  Alternate cryptocurrencies / Altcoin Discussion / Re: Do your research before investing in ICOs on: June 24, 2019, 05:19:46 PM
ICOs, or Initial Coin Offerings, have become a popular way for cryptocurrencies to raise funds from the public. However, they have also become an easy way to prey on the vulnerable, and the financial regulator recently warned customers about what it calls “these very high risk, speculative investments”. It warns that there’s little consumer protection and high potential for fraud, as well as high volatility. Some ICOs are regulated by the FCA, but this is on a case-by-case basis, depending on how they are structured.

As the FCA says, you should fully research any ICO before handing over your money. “You should only invest in an ICO project if you are an experienced investor, confident in the quality of the ICO project itself,” a spokesman says. Alternatively, consider investing or trading with a regulated provider.
For sure. Research is the first thing to do before you invest your money. I think its really dumb to invest in ICO without even read anything and not want to understand what the project trying to do.
115  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty may be an income medium for unemployed youth. on: June 23, 2019, 04:54:37 PM
Smiley I think many unemployed youth working in Bounty at the present time are using their free time to earn income.
 What is your valuable opinion?
yes it could be a great place for a youth to make some money.  I do think bounty could be a good to be as part time job. But the problem is lately doing a bounty seems not profitable at all.
116  Bitcoin / Bitcoin Discussion / Re: What is the best tips for who will invest in BTC for first time? on: June 23, 2019, 03:19:16 PM
For who will invest for first time in Bitcoin, what is the basic recomendations and tips to PLAY THE GAME!??


1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??

2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?

3. What is your strategy for now in BTC? And why??

4. List me all your good tips for to start now! I will be very grateful...


Sorry for the silly questions, but that's how you start  Undecided

PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.




I do think you already got the answer for the question number 2, only invest the money that you willing to lose which would not hurt you or make your life uncomfortable. I do believe you need to look at the patern of bitcoin and just make your mind to invest in bitcoin cause you believe in the technology. I do think you need a purpose to be able to hold long enough and survive the bear market, cause many people are loosing faith and sell all of their coins cause of the bear market.
117  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum is slow in price? on: June 23, 2019, 02:25:34 PM
What makes the Ethereum price a little slow to experience an increase, in the current crypto market conditions. If the price of bitcoin continues to experience rapid growth almost close to $ 10k. I think the price of ethereum will be good if it is above $ 300.
Well compared with the 2017, i think ethereum is the leader of smart contract and blockchain and right now ethereum has a lot of competitor which is offer same services like ethereum does, which make the the ethereum not growth as good as in 2017.
118  Alternate cryptocurrencies / Altcoin Discussion / Re: Alts to invest. on: June 22, 2019, 03:50:29 PM
Hey, what do you think of these alts? Would like to get the community's opinions.

In order of most favored:

NEO: (Personal Fav). Huge Chinese Crypto industry. Working with the government. Smart Contracts. Also GAS!
ETH: 2nd Market cap. First at smart contracts. Reliable. But they are falling behind hence second.
XRP: Riding the hype. Big company. Well organized. Centralized

Any other ones you would recommend (Preferably about 20 top market cap) ?


I do think you should take a look at Unibright, Unibright is a project that are provide the services that will help big and small enterprise to be easy to use blockchain and also help to integrate the old system with the blockchain technology. To use the framework you will be need the UBT token and i do think ubt price are very low right now which is really good to invest and soon they will have a client and great project called carbonara that will be released in the end of this june.
119  Alternate cryptocurrencies / Altcoin Discussion / Re: Facebook coin is not a threat for Bitcoin on: June 22, 2019, 02:15:22 PM
Hello everyone so now i want to share a very good information with that the facebook community says the the price of facebook will be stable like a USD so its mean that there is no threat for bitcoin because all investors want that they gain more profit in short time that  is why they invest their money in bitcoin because the btc price is fluctuated and for good investment need the unstable price.
Yes facebook coin libra will be much different compared with bitcoin and i dont think libra will become a competitor for bitcoin instead i do think libra will bring so much balance in crypto space and also will make market more bigger than right now.
120  Economy / Economics / Re: Bitcoin can less the unemployment rate? on: June 22, 2019, 10:18:49 AM
Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?
Well if we talking about a job that would open cause of bitcoin i do think yes job like bounty program would help some people who are intrested in crypto and love to invest in crypto. But still i think it would not solve the unemployment problem at all cause what i see is the more people joining the bounty the less the reward is.
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