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1001  Alternate cryptocurrencies / Altcoin Discussion / Re: Will you use an anonymous payment system? on: December 15, 2019, 02:15:57 PM
We are building a payment system like perfect money and the rest. The team want to remain anonymous cos of the following;

1) Regulations: We want users to be able to transfer lot of funds anonymously just like the way Bitcoin was initially designed. Verification won't be mandatory, even without verification users would be able to still send up to $50k daily.

2) Taxes: We are building a tax free payment system thereby making it possible for anyone to send and receive payment for free without any charge.

3) Bank Alternative: International transfer of money would be from peer to peer making it possible to transfer up to $100,000 in a day to any country and withdrawal orders would be fulfilled by Approved Merchants on the platform.


4) Uses no law of any Country, we want to create our own laws guiding the platform and power to vote would be allocated to stake holders (stake holders are the investors, investors are those who own a portion of the equity coin)



5) We are building a payment platform that would be controlled by the people without any Government interference.



We want to achieve a semi decentralized system with lots of advance features. The team has already spent up to $50k already in its development and planning also we intend to launch around early days in March, 2020.

Do you think remaining anonymous as the lead team will affect trust?




You need to work a lot in order to gain the trust of the crypto community especially that you are planning to hide the identity of your team behind the project. I've seen a lot this kind of situation and there are other that became successful even if the team behind the project is anonymous but it was around the peak of the market.

And if you are planning to launch with the market condition that is almost the same as right now then you need to work a lot for it even if you are stating the good reasons behind your actions. Here are the hurdles that you will surely face : Many projects have been launch just to run the money of the investors, trust of the investors (why they should support you behind your actions), marketing plan on how you are going to gather big investors to invest in your project, how you can assure that the money of the investors are secure in your hands and etc. Be sure that you are ready for it if you are planning to proceed with your plan.
1002  Bitcoin / Bitcoin Discussion / Re: Crypt is now legal in Ukraine on: December 15, 2019, 12:04:50 PM
So, guys, I think it's a small but a win. A win of our crypto community! I hope there will be more such examples of accepting crypto in 2020. We will start with small countries and then go to global powers. What do you think?

There's the news https://bitcoinist.com/crypto-payments-now-legal-in-ukraine/
It's another great news for us as we continue to move forward to crypto payments in the future, little by little the acceptance of crypto currencies is starting to move forward and because of it time will come that crypto currencies can't be stop anymore.

It will become the main currencies in the future for sure, Ukraine have 43million people as of date and even 20% of it will start to use crypto currencies then it will surely add to the demand of crypto currencies that will trigger the price increase of crypto currencies.
1003  Bitcoin / Bitcoin Discussion / Re: Would it be realistic for the world to run on cryptocurrencies? on: December 15, 2019, 02:51:32 AM
I am just wondering would it be possible in the future for the world to run solely on cryptocurrency? Considering that right now there are many people from different walks of life who are using cryptocurrencies in their day to day life. I think right now one of the main limiting factors for world-wide cryptocurrency usage is the world’s governments who make restrictions on cryptocurrency usage. Moreover, I also think another factor in limiting cryptocurrency usage is a lot of people’s lack of understanding of cryptocurrencies as it is a rather new technology to most people.

I think that we can solve most of these problems by educating people about cryptocurrencies and debunking what the mainstream media have done to slander cryptocurrencies.
I honestly think that if these issues a solved then we will probably have more people to use cryptocurrencies worldwide.

What would do you guys think, I’m just speaking (posting) my thoughts over here. Feel free to correct me if I am wrong. I’ just rather optimistic about the future of cryptocurrency usage in the future.


You are right but right now, it is not easy to unite most of the governments to adapt and educate people about crypto currencies. This kind of scenario will happen slowly, it will start from one government to fully adapt and start to educate people about crypto currencies then they will start to clear the hurdles on how the uneducated persons together with the very poor people can start to use it in their daily lives.

And once the other government will start to follow the footsteps of the first government to fully adapt crypto currencies then it is the start that crypto currencies future will come into realistic.
1004  Bitcoin / Bitcoin Discussion / Re: After years in this space...I am now a BTC/ETH maximalist (Both are important) on: December 14, 2019, 10:36:34 AM
I've been in this space since 2014. I have always been a Bitcoin Maximalist.  Than 2017 happened, and it was hard not to chase altcoins.  After the hype died down, and the dust settled, I realized that there is room to be a BITCOIN/ETHEREUM Maximalist.  Every other project is a "me too," or a clone, or redundant, or vaporware.  The only two blockchains we need right now are Bitcoin and Ethereum...and we need BOTH! Not just Bitcoin anymore.

I love Bitcoin...LOVE it!  But when it really comes down to it, I use Ethereum in actual, practical use cases.  I recently bought something in USDC...which utilizes Ethereum.  Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.

I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both.  Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day.  It is the foundation of the Defi movement.

So there can be a category of people who consider themselves BTC/ETH Maximalists.

Right now, they maybe top 1 and 2 in the rankings but it doesn't mean that they are the king as the demand will always depend to it's uses and whether the demand is being accepted by the government or not. Every hurdles will affect the demand of any coins like btc, eth and other top coins/tokens.

I also consider both as the most important coins right now but due to high transaction fees in btc, I tried other coins as alternative to send a small amounts. I always see things fairly and I cannot devote myself to btc and ethereum only so I cannot say that I am a btc/eth maximalist.
1005  Bitcoin / Bitcoin Discussion / Re: Bitcoin Whale Spends over 800 BTC just to Win a 5 Million Doge Bet on: December 14, 2019, 04:10:49 AM
https://www.coincurb.com/news/bitcoin-investor-spends-800-btc-to-win-bet/

This guy on Twitter actually spent 800 (probably more) BTC in order to win a few Dogecoins. Goes to show how easy it is to manipulate the market.
They actually didn't care about their money, what they want to tell to the community is that all can be easily manipulated if you have a huge amount of money. Yes, money is almost everything especially in crypto world as it can easily dictate the price of a certain coin/token if they like it to hype using their huge money by buying almost all the selling order in any exchange.

Spending that huge amount of btc in exchange of 5 million doge bet is kinda crazy but I am sure that there is a twist behind this action though I cannot really point out what it is, what I am sure is that there are other reasons why they pulled this kind of unnecessary actions.
1006  Bitcoin / Bitcoin Discussion / Re: How to gift Bitcoin this Christmas (+cool Bitcoin gift ideas) on: December 13, 2019, 12:38:28 PM
Did you know that paper wallets also come in special holiday-themed editions?

And, I bet you didn't know of all the cool gifts you can give to further improve the security of your BTC.

Truth is, I have never come across a guide that actually educated people on how to best gift Bitcoin as a Christmas gift. So I set out to write my own guide, right before the gift-giving season is fully underway.

In it, you can find all the steps and information required to make this year's presents unforgettable. So if you have a little brother or a mom you want to give Bitcoin to (I know I do), feel free to check out my detailed guide.

You can read it here: https://paybis.com/blog/bitcoin-for-christmas/

Additionally, I have added a list with gift ideas in case you want to gift a Bitcoin-themed or Bitcoin-related gift. These are non-affiliated products, most of which I own myself. So feel free to check those out too and, why not, even add some ideas of your own.

Thanks guys.

It's quite unique but my problem in this kind of gift is that most of my relative and parents didn't know or let's say they didn't care about bitcoin and other crypto currencies. I even said to them if in case I will give them gift via crypto currencies, are you going to accept it and they frankly said that it's better if I will just give them fiat rather than headache in learning how to cashout the crypto currencies.

But I am positive that in the future, they can adapt the modern system of currency and we can easily use the crypto currencies in any form of gift that we like.
1007  Alternate cryptocurrencies / Altcoin Discussion / Re: FEAR OF DUMPING on: December 13, 2019, 09:30:17 AM
The fear of dumping often makes the project team fear or avoid the payment of hunters until sometimes after the exchange listing. I wonder why the team make themselves restless on an easy thing like that when they can easily conduct their bounty with bitcoin or ethereum for payment. That will safe them of the fear that the bounty hunter will dump after the exchange listing.

This kind of thinking is what makes the bounty campaign more complicated for bounty hunters especially the newbies as they will fear that their work and effort will end up to nothing.

But before we conclude anything we should think first if how much the project owners allocate to their bounty campaigns. Usually it ranges from 1-10% of their total coins/tokens but they often offers like 1-3%, do you think this kind of allocation will really affect the price of their tokens/coins upon reaching the exchange? Frankly speaking, the dump of their investors and team behind the project is what makes the price of their tokens/coins goes down pretty badly.
1008  Alternate cryptocurrencies / Altcoin Discussion / Re: Why I think Libra Coin will Win on: December 13, 2019, 07:18:00 AM
Hi

Firstly I would like to say I don't care about one coin from another. All I want is utility. I want to be able to pay someone for services rendered.

THAT'S ALL I CARE ABOUT.. I have no loyalty to any coin.

I don't have a Facebook account. But I'm going to get one because of Libra.

I see a business opportunity with Libra and that's that. Some business opportunity bear fruit some don't. You could say that's my own business which I'm not going to discuss here.

OK.. Why will Libra be a game changer.

Because over night millions of people who have no understanding of coins are suddenly going to. And developers are going swarm to Libra..

AND PEOPLE ARE GOING TO ACTUALLY USE LIBRA.


Let me ask you this, do you actually use a coin? Do you ask for a service and pay for that service or product with any coins. I would bet you don't. Some may. And good on them. But the vast majority here ( bitcointalk ) don't. ( I maybe wrong)

But people are going to use Libra. Its not investment. Its a tool. A stable tool.

That other day I used Iota as a tool. And it worked for me. I asked for a service and received a service. And I payed for that service in Iota.

https://bitcointalk.org/index.php?topic=5207820.msg53286995#msg53286995


I was lucky, I found a person with a skill set and the ability to accept payment in the currency I had. Iota...

Soon millions of people with  the skill set I need will be able and willing to accept payment from me.

Libra may not be a game changer for you. But it is for me.
We have different goals and would like to achieve in our life, if Libra can really help you then you will surely use and support it but for others that cannot gain a positive outcome to it then they will not care a little about Libra coin. That how the community works even in crypto community therefore it is about what can Libra gives to it's customers in order for the customers to use and hold Libra coin.

If they can give a satisfaction to the users then Libra coin will become successful but if Libra cannot give what the people wants then it is useless also especially if other crypto currencies can provide it.
1009  Alternate cryptocurrencies / Altcoin Discussion / Re: Gold and Crypto on: December 12, 2019, 10:03:07 PM
Hi PEPs I am here to talk about GOLD. The valuable metal has been utilized by various developments and it has helped people to store an incentive during times of financial vulnerability. The fundamental inquiry is whether Bitcoin (BTC) will ever have the option to turn into a comparative resource for ensure clients' worth or other Coins that claimed to be backed by real gold can actually live up to that standard? willing to hear from you guys
If the government and the community will accept it then it can actually happen.

In crypto space all will always depend to demand, if bitcoin will be favored by the crypto community to be the coins worth of buying,holding and making as main crypto currency then other coins have no other option but to accept it even if they are being back by real gold or not.

1010  Alternate cryptocurrencies / Altcoin Discussion / Re: Warning for newbies on: December 12, 2019, 09:05:55 PM
Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

Most of the newbies are not yet good in research, what I can recommend to them is keep on reading in the forum so they will become familiar on how the projects work,how the investment become profitable,what projects should they avoid by reading the board that is appropriate to it and many more.

It is not easy to be a newbie, therefore in my end I didn't rush to learn things in just a short period of time instead I use my time reading and understanding the necessary information that I need. It's about patient and your willingness to learn, just don't be greedy so you can invest safely.
1011  Alternate cryptocurrencies / Altcoin Discussion / Re: The stablecoins centralized are reliable ? Is there a risk ? on: December 12, 2019, 10:36:33 AM
the stablecoins centralized are reliable ? Is there a risk that they will be stopped or closed by the usa or european government?



if i have stablecoins centralized is better to convert everything in decentralized stablecoins ?
It will always depend to your choice but most of the investors didn't think the same way, if you are investing there is always a risk but in stablecoins the risk is not that high so others are choosing it if they just want to deposit their money without thinking about the interest.

All stable coins are not reliable, that is my motto as everything can be stop anytime if someone or the government will unite to stop it therefore even if they are stablecoins there is always a risk. But most of the investors are preferring with high risk investment as the return is pretty high also.
1012  Alternate cryptocurrencies / Altcoin Discussion / Re: Will binance reach $23 as per experts prediction? on: December 12, 2019, 09:24:31 AM
Did you know?

According to experts, their is huge possibility that the token will recover to the value of $23 in the best case scenario.

 https://coinpedia.org/information/bnb-binance-coin-price-prediction/

Let me know your point of view on this?
There is always a chance and the possibility is very big knowing that Binance lately become very famous among other exchanges and it's current value right now is 14.6usd.

Though we cannot really predict if when this will happen even the experts are having difficulty in predicting the right time when it will hit the target price of a certain coin. But 2020 is very promising year, so there is a big chance that the first to third quarter will be the right time for the market to recover the same with the crypto prices increase.
1013  Alternate cryptocurrencies / Altcoin Discussion / Re: Your Expectations for year 2020 on: December 11, 2019, 03:26:32 PM
The year 2019 came with diverse expectations from everyone. Some persons were of the opinion that the year would be better than the previous year, others had a negative view.
The year 2020 is around the corner and I would like to know what are your expectations as it relates to the market, Crytocurrency projects and the overall health of the industry.

2020 will be the good time to invest as there is a big chance that the market will turn around especially that we are in bear market this year then there is a big chance that peak season will happen next year maybe in the fourth quarter.

With regards to the project, there is a big chance that the IEO's will continue to dominate the other fund raising techniques and ICO's and STO's will be gone. The demand will surely increase in 2020, not only in bitcoin and other top currencies but to all the new and old currencies.
1014  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Which wallet is best for ERC20 tokens? on: December 11, 2019, 12:08:52 PM
It is good if it is web based, i.e. similar to blockchain.com. Otherwise, installation makes it machine dependent. Its not a BIG sum. So, high security is not a priority. Ease of use is what I am looking for. Needs to work with all kind of ERC20.
Myetherwallet is the easiest way so far as what I experienced as you can easily add erc20 tokens or you can also use Metamask but you need to study more in using it so you will not be fish easily.

It is to secure your money because most of the newbies are making this mistake again and again. You should also put in your mind that most of the new erc20 tokens are need to add first especially if you cannot see them in the list of tokens in myetherwallet and in Metamask, you really need to add them manually so you can see your balance. You just need to look for their contract address and decimals in order to add them manually, if you don't know how then you can explore the etherscan and you can find most of the answers there.
1015  Bitcoin / Bitcoin Discussion / Re: Why are so few women buying into Bitcoin? on: December 11, 2019, 05:09:19 AM
It amazes me the number of men in crypto but women not so much.
When I talk to my girlfriend or female friends I feel like they don't care about it or I am crazy lol. I offered 3 of my female friends 10 dollars worth of Bitcoin via Coinbase to see if they will be interested.  I helped download the app, set up two-factor authentication and some other basic stuff. After a couple of months, they even don't recall how to access their wallets. I am very disappointed lol. Can someone explain to me why women are not interested in crypto?
 
The same here also, most of the crypto adopters are male and there are very few women who are interested in crypto currencies. I am not so sure if they don't need a money or they just don't like digging in complicated things as crypto currencies is kinda difficult especially if you are still a newbie.

But as what I see, most of the men are the bread winner of the family so I guess this is another reason why most of the women didn't care about crypto currencies.
1016  Bitcoin / Bitcoin Discussion / Re: What do you think of the current status of Bitcoin? on: December 11, 2019, 03:45:22 AM
Hi, all!

I just wanted to ask what you think we as a community achieved in 2019.

For me every year and every day has been amazing and awesome!!

Although, there are many issues with Bitcoin but considering what it was in 2016 what it is now? Bitcoin is known! Why?

If I only think about the Fiat value of Bitcoin now and what it was 4 years back there is a huge upward swing.
If I think about its adoption then and now there are so many websites accepting Bitcoin.
If I think about Is Bitcoin a Ponzi Scheme there are so many articles arguing Bitcoin legitimacy to those MLM schemes.
If I think about how difficult was to understand this concept, there are amazing articles on the Internet to help you.

I know there are so many reasons but, I cannot recall all of those.

Write it down below if I have missed something.

Bitcoin is getting stronger as the days passes by and the acceptance is getting bigger as more countries are legalizing the use of Bitcoin and other crypto currencies.

Though the demand this year is not that high compared to peak seasons but the Bitcoin dominance this year is very high compared to other currencies which is more than 50%. Bitcoin is getting famous also as more and more people are starting to know Bitcoin as the time passes by.
1017  Alternate cryptocurrencies / Altcoin Discussion / Re: Another flash crash day! on: December 11, 2019, 12:40:07 AM
MATIC, the digital token based on the Matic Network saw its price drop by a whopping 70 percent earlier today. Up until yesterday, the price of the scalability-focused asset was holding steady at about $0.042.

However, due to reasons still unknown, the price dropped to $0.013 in less than an hour, two weeks after pumping almost 180 percent. At press time, MATIC is trading at $0.0196.


Source link here

I know how it really feels. I can somewhat relate to you guys for the other tokens (I mean shitcoins) that I hold dearly. Most of the ICOs and IEOs really suck because after getting listed to exchanges, they don't have market makers or enough budget to liquidate the price.

At first, I just thought that those projects who are doing IEO on Binance are going to be solid and reliable.

However, I just realized that after this news happened, it means that not all of them are going to be successful, even if they do IEO in the world's most popular exchange.

For MATIC token holders out there, I just felt bad about you guys after the flash crash of around 70% of the value in just an hour.



There are plenty of happenings that we will not expect about the price of the tokens that we hold, a drop of 70% is a big impact to the holders and there is a big possibility that the dumper is the team behind the project or the investors who bought a huge amount then dump it in an instant.

Because the reason is still unknown it will be best if you will check also whether that token is not being pump by a group because right now there are plenty of groups that pumps a certain tokens/coins and dump it once their target price has been reached. And not all tokens that were being launch by big and reputed exchange is good for a long term hold, you need to wise if you want to last in crypto.
1018  Alternate cryptocurrencies / Altcoin Discussion / Re: Sources of income? on: December 10, 2019, 02:05:02 PM
Besides trading, holding, and bounty hunting, what are your other sources of income in cryptocurrency?

Can you tell us about your profitable ways of earning cryptocurrencies nowadays?
Most of my earnings came from my marketing service but nowadays is not so good for marketers due to strict competition and market condition. Most of my earnings are ranging from 1000-10000 usd every project last 2017 but nowadays it only ranges from 200-2000 usd as the bear season is kinda long.

But if you have talents then you can just post it in services section and you will surely earn a decent amount of money like if you know how to program then you can create a service for signature codes, developer and etc. It will always depend on your capabilities but if you have no talent then bounty hunting is the best place for you or trading and investing but you need to study them first in order to lessen the risk of your money.
1019  Alternate cryptocurrencies / Altcoin Discussion / Re: Am done with KYC on: December 10, 2019, 12:55:50 PM
There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
Don't ever waste your time submitting all your documents for useless projects in return with few bucks instead find a better project that worth the hustle.
In my case, I choose wisely on what project is worth submitting my documents but if I saw that the return is very little to my expectation then I will not waste my time to them and proceed to other projects.

Be a resourceful person and don't depend to few projects out there that get's your hope down as they will not able to deliver promises like listing in good exchanges and etc. KYC is very popular right now in order to screw up the scammers and etc. but what we don't know is that our details is worth a good amount of money especially if the project owner will be able to collect a huge number of details as they can sell it to other entities that needs it.
1020  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the difference? on: December 10, 2019, 11:23:11 AM
Many people want to see their governments adopting crypto currency and using it to replace fiat in their daily life. If it happens futurely, it will be in a centralized way of course. Governments will create their own crypto currencies and force people use it.
But my main concern is: why would they do this if there is already digital cash?
Isn't a centralized crypto currency the same than digital cash? What is the difference, if there is any?

Share your thoughts, please.

If this happens, the government will surely find a way in order to control the monetary movement of their people and in case the crypto currencies will become the main currency in the future then most of the governments will surely create their own coins/tokens in order to achieve their goal.

It is not easy to replace fiat but if in case the future will dictate it, the governments will surely find a way to make the advantage to them while accepting the digital money as the main currency in the future. Control over things especially in money is the main reason why most of the governments will try to create their own digital cash.
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