FinTech banks are disrupting traditional banks, but what if you want to move your money into a cryptocurrency asset? If you sweep your funds into a cryptocurrency account, what cryptocurrency are you going to use to hold your funds?
Yes i think it should be in BTC . Because if i see from first to last of BTC market i think my mind obviously support here for investment. I could not find any alternative that can give me profit like this. In near future i think it will be most topest ever in the world economy. It is not just that. It is also the ability to be paid and knows you will be getting paid because the transaction cannot be reversed. It makes working online easy and if you normally get paid with paypal you can talk to the people you do work for and get them to pay you in bitcoin instead of whatever way they would normally use. In this way bitcoin empowers us. I just love how easy it all is and no need for banking things or long waits. The trading and investing side of things that are also profitable and I agree I too cannot see any alternative. I don't want to and I don't need to. I have chosen to live the crypto life and I will never turn back. xD |
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I was perusing another forum today with a long running cryptcurrency thread. To my non amazement they're still debating the nature of the whole thing in the exact same way they were 2-3-4-5 years ago. The same people are waiting to be convinced. The same people are trying to convince them.
This strikes me as a complete and utter waste of calories. I'd rather let people believe what they want. Me convincing them won't help anyone. They're not going to convince me of anything. My attitude is - crypto is here. You may as well sit back and see what happens as nothing I do, say or listen to will change it.
Are you still embroiled in debates with friends and internet creeps or have you let it slide?
it depends on who I'm speaking to and whether that person has shown any interest in the past. Eventually, they will transform when they see it everywhere they go and no, I don't believe that you can change other people views but you can only make the suggestion, whether or not they take it is up to them. I don't tell anyone about it. It's my secret ^^ I just don't like talking about it because I don't feel like having an argument with ignorant fools. xP I agree with the first poster about letting people believe as they wish. To me, it's like "hey if you don't like money and enjoy working your fingers to the bone then that's your problem" it won't benefit you in anyway. I think I will only introduce people I feel are "worthy" to the crypto world. |
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I have seen so mony of your threads. You just like to cause FUD or you don't know what you saying. Perhaps a bit of both. Bitcoin won't be banned anywhere. How are they going to do that? Lots of things are banned in China including accessing google, yet it's still done. *face*palm* It doesn't matter where you are bitcoins value is global not per country so how can it have no value in India? I know what you were trying to say but that still doesn't render bitcoin valueless. If someone in India wanted to cut your hair for 1 btc and you paid them are you telling me that has no value to them? Bitcoin got banned in India and China so Bitcoin is worthless in these 2 countries. People of India will lose $10,000 or $100,000 if they do not get buyers in other countries at $7000. But who will buy 1 Bitcoin for $7000 ??  Insider's Information for Gold and SilverBollywood superstar "Amitabh Bachchan" earned multi-million dollars by starting a Bitcoin company. Well, sad but that’s life. Nevertheless bitcoin will still live. Maybe affected in value shortly after the declaration but I don’t think the word “junk” fits to describe its possible effect. These are just 2 countries but if we think of countries in the world that have not yet adopted bitcoin and are still going to adopt, there’s still a big hope for it. It is designed to be like that, some closes their doors and some opens so life goes on. OP is a fudster/clickbaiter appealing to people emotions because they know what will shake the beehive. |
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This argument is a bit old. We proved a long time ago that bitcoin has a use. Even when it first started gaining momentum you could use it at hosting companies and domains. Online items and giftcodes. Now we can order physical items online without any long wait for transactions. Bitcoin for many are just like a ponzi scheme or a piece of shit coins. But to be honest it is not of course, bitcoin is money for me.
In fact, this is where I get my source to sustain all of my expenses in billings, groceries, and allowances. Because if this is not a money for sure I won't survive for 5 years being here in crypto for sure.
I think ponzi should be a word saved for pure ponzi schemes otherwise people throw it around loosely. if bitcoin is a ponzi then so it fiat and almost anything else involving trade. |
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For example, a higher rank is indicative of a higher number of courses offered. 1. Stanford 2. University of California, Berkeley 3. New York University 4. Massachusetts Institute of Technology 5. Cornell University 6. Georgetown University 7. Harvard University 8. Duke University 9. Carnegie Mellon University 10. University of Pennsylvania Top 10 Blockchain UniversitiesGreat link. These all sound promising. How about other universities in other countries? How is the rest of the world preparing for the blockchain industry? This is great. I would like to see what courses universities put up and who will write those courses? What they will charge? I still think paying for studying is the silliest thing I have ever heard. You cannot learn better then trail and error through your own personal experience. For others it is great. |
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Fun, as always. Surprised the guard let someone film it, so it's probably just something normal.
Why would some guard have anything to say to that? It's a place accessible to the public. What I'm most curious about is the commissions. For example, how much commission does it receive for a 1 BTC trade?
More you'll be willing to pay in most cases. It's not unusual when buying to be charged up to 10%, even more sometimes. The average is often 6-7% This site - https://coinatmradar.com finds ATMs and often list the costs too. That's kinda high not to mention whether the transaction fee is included on that 6-7% or not but seeing from the perspective of the business owner, they need to pay rent for place, electricity and maintenance I guess that does make sense. But with the majority of people still have no idea or not using bitcoin this ATM seems a bit impractical and costly for maintenance I guess, I hope it will find more of its users by the time being. In Poland, Bitcoin ATMs charge ~3% but there's no KYC (just the EU-mandated 15k EUR per transaction limit). In the UK, I think all Bitcoin ATMs now require KYC which is probably not only an extra expense, but it is also discouraging many people from using them. I don't understand why that is? Why would a bitcoin ATM require your KYC when you give your KYC when you open a bank account. Who in the world would carry their KYC around like that? It just makes no sense to me. That fee is also really high. I don't think that makes the ATM worth using so it makes the point of it's existance null. |
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Nothing has a value. Value is just given according to what someone says it is worth. If people say a playstaion 4 is owrk $400 and they will sell it at the the public will decide to agree or not and this will effect says and they will adjust it. Esspecially with hand made things and art work. You cannot really out a price on art can you? Yet people can and do. They decide what it is worth to them
So it us right now bitcoin is worth what it is in the exchange because we are willing to trade that amount of bitcoin for said item or service divided by the total amount of users and mined bitcoins.
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Nice, people often depict ALL governments as power-hungry tyrannies that want to ban everything, but this is an example that governments not always act like that. Bitcoin is not illegal by default, even if some criminals use it. By the way, here's an article that explains the situation: https://www.coindesk.com/crypto-exchange-bits-of-gold-wins-supreme-court-battle-over-bank-blockThe bank didn't want to provide their services to a crypto company, because they have labeled crypto as "gambling". indeed some banks refer to crypto as gambling and very high risk. but in my opinion it's just a political game and it's true in some countries that crypto has been legalized. this situation has no effect on the price of bitcoin because the bull will still runIt is all about money and always will be. Banks like the stability of knowing if they loan more then they pay interest they are in the green as far as profits are concerned. it is tried and tested throughout time. Now that we do not need the bank to protect your funds they have found themselves in a difficult position that gets more and more difficult. They not sweating yet but it would be interesting to see just how much crypto has affected the banking system and the profits that go along with it. |
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I store half of my money in bitcoin. I guess I believe. I have the usual altcoins (the ones you find in coinpayments) I sometimes rent mining power from rentmyrig and mine newer coins then sell them to increase my stock of the other coins I have. Then smaller amounts of "secondary" alt coins. Most with short lifespan or sometimes quitely in hte background with a low capital but a very long duration of existance. Those would be my favourite coins. Banks are going against cryptocurrency because they've known its potential in the future so if they just do nothing against it then they will be gone. The time will come that cryptocurrency will be use more than banks or it may merge as online banking is already there.
Modernization is inevitable no matter how big industries try stop it, it's just a matter of who are willing to adjust and adopt.
They natural enemies like the rabbit and the fox. Both want the same things and the traditional fiat is feeling shaky in the presence of a better high tech technology. |
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Some countries have already run trials, it is a delicate subject and blockchain technology as any other new technology must be tested and since voting doesn't happen that often, I believe it will take some time before we see it as a reality. Check these articles about the trial in Switzerland and the plans in Japan to do so: In practice, the main issue will be the proof of identity, because even when the national id number can be use to identify the voter in the blockchain, there is no guarantee it will be used by the real citizen. If polls happen in a typical way, going to a physical place, then a standard procedure may be used to id a person, representative will check the official valid ID and then the voter can scan it in a device and vote on a screen instead of paper; if the polls are run on devices, such as personal computers or smartphones, some sort of biometrics recognition system must be used. And then there is the politicians will... I believe all of them cheat, so, to authorize this technology is like shooting in their own foot. Voting on devices like smartphones or computers will raise a lot of questions and the elections' integrity. Blockchain is very useful but people will still prefer to see themselves vote physically there with the officials ensuring they are real people listed in the designated precinct. In my country, people still don't trust automated elections entirely so I'm sure that blockchain system will sort that out. You can still physically go there. You can have a voting machine like a btc ATM but for voting. I also agree doing it from any location online might not work. People will prefer to do it in person. Also in person it is under suraliance and offials are around. Also the vote will be done through an official machine not just anyones phone. |
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It's all relative. Do you know how much energy we use for everyday living. In relation to the big picture mining uses hardly any electricity. I wonder how much a bank uses?
You say dams and windmills also pollute the environment? How?
Things that damage CO2 is stuff like coal mining and mass pollution and dumping deforestation. Mining doesn't do this. Worrying about mining leaving a large CO2 footprint like worrying that the cherry on your cupcake meanwhile the whole cupcake looks and taste horrible.
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If nerd is what they call people engaging to bitcoins, investing and making profits out of it, knowing its advantages and taking the risks, then we totally are nerds. Hahaha. I will be proud to be called nerd specially if this "nerd money" they referring to will be the way to make me successful, to make us successful and rich someday. Same on me, if it takes to be called as nerd to be rich I would love to be a nerd it is not actually an offending word people are just making fun of the word that makes it bad. Nerd is such an old word. People still use geek but now geeks are cool. (cosplay, gaming, comics, movies etc etc etc) So nerd is just someone who knows a lot about difficult subjects or something? Like thick glasses fiddling with a pc like one of the people from the 70s or 80s. Back then you had to know a lot about computers. Nowadays everything has an interface and great GUI easy to use. Super fast and smooth. SO much happens in the background we don't even know about. Technology has become something we all rely on now. So I guess being a nerd has become so mainstream that the word has no meaning anymore. |
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Censorship Resistant
Bitcoin
Perhaps it's most important feature. Centered around the idea that no entity should have the ability to seize your wealth or block a transaction.
I am very curious to see what you gonna do if you got a big amount of BTC in a country, that completely banned cryptocurrencies and no one can buy / sell it or exchange it into some goods. Your BTC would become useless due to this censorship if no one would be able to accept BTC or crypto related payments. Possibly if this happen, one is expected to leave the country that is not accepting Bitcoin to the country that does simple. Sometime, issues that are not trivial shouldn't be. Leave the country will be the best solution mate. In my own country, Bitcoin is not legal and not illegal, so am happy holding it till when it become legal, and when it turns out to be illegal, then i wil travel to another location. A country can't just ban something. There is no way to prove who holds crypto and there never will be. They will waste the courts and judges time. The judge will be annoyed for having time wasted and this little cherade will just end up costing the taxpayer and give no benefit. What will you do to people who hold bitcoin if somehow you can find out they have some? This will never happen. |
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K my problems sorted I think.
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I'm not really sure what you mean by legally. I assume you mean spending crypto as legal tender. I think it better or stays outside the law and remain decentralized. I agree that in the future and im sure in ten years crypto will be spendable offline in shops. Ten years is double the time crypto has been around and look already how far we have come.
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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.
This should be the standard requirement for every peoples in cryptocurrency. If we don't do our research prior investing in ICO, then we may getting scammed by fraudster. Nowadays peoples prefer to investing in IEO than ICO, because there were many scam projects. Often times it is peoples own fault for being scammed. Their greed takes control of their brain. You can't blame ICO for that. They willingly hand over their money and some even hand over personal details along with it. How ridiculous is that? There many decent projects the thing is people lose momentum and give up on them. |
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There are some bounty hunters that don't even read the ico page or look at the webpage but spend weeks sometimes months doing work for the project. There have been times where a project has been proved to be a scma and still people hand in their work. Why?? Who knows. All that it does is encourage scammers and wastes everyones time.
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I say no. You can make that sort of return but if it were legit they wouldn't give you such exact figures they could give you past projections. You will have to make sure this trade history is real and not faked.
If you invest in start-up projects and into people you can get double triple, even more, your return back. Maybe consider loaning to someone offline? There many people looking for loans with better interest than the bank.
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How come you don't replace the ReCaptcha with media solve or with Hcaptcha or fun-captcha? Then you can make some more. Or does captcha pay too?
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It's not that high paying at all, dont recommend
The payout is not bad. You do a captcha and one link and you get 90 tokens to keep the tab open for 3 hours and it is = 1.35 Doge You can do 10x faucets like this and make 13.5 doge in 3 hours this is $1.50-$2.00 a month. If you do 30 sites twice a day you will make $6-8 a month. If you get refferals you can double or even triple that amount. You just need to know how to do it. If you want good money you need to promote refferals. Even just 10 referrals to those 30 sites that work each day you can make almost $1 a day. |
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