Correct. Debit card. Is there such service? If not why not?
There may be virtual cards, but I'm pretty sure they also send you a physical copy anyway. One example is Wirex, which comes with an app. If you're asking why there are no services that offer an easy BTC to prepaid card service that doesn't require any verification, etc., it's because KYC/AML is required of them to prevent scams and illegal activities. You're basically stuck with the services that hugeblack shared. |
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It's funny how Bitcoin is way above the long-term prediction but all we get now are complaints about prices anyway. Really puts things into perspective. It's also interesting how erratic their current price predictions are. This noone was expecting $20k, not even $10k, hell not even $5k. to be fair, there was no reason or basis to make time-based predictions like that until the market went parabolic in july/august 2017. looking at their estimates, i doubt their model could accurately account for "bubble periods" anyway. Is there a model that can account for "bubble periods"? How successful have they been? Genuinely curious. |
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To add to what have already been said, blockchain technology is also alive and well in Africa in the form of Bitcoin: In parts of the continent - especially commercial hubs like Lagos, Nairobi and Johannesburg - a small but growing number of people are finding that cryptocurrencies offer a cheaper solution to an expensive problem - transferring funds across borders.
The technology platform Bitpesa uses Bitcoin as a medium to transfer cash across borders.
[...]
"If African developers, entrepreneurs, and governments can leverage blockchain technologies, they may have a shot at tackling some of the continent's most intractable problems of the unbanked masses, digital identities, untrusted voting systems, to name only a few applications," Mr Blazevic explains.
There really isn't a place left where you could "introduce" blockchain technology as everyone is already beginning to realize its potential. |
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Why is Trezor better that just using Bitcoin Core on a laptop?
Because Trezor is effectively a cold wallet; it doesn't expose your private keys online ever. It's been invulnerable to remote attacks so far. Bitcoin Core is also safe, but because your keys are stored in an online device (though it can be used offline), it has more possible attack vectors. |
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It looks like they are still popular amongst 50% of the population of Venezuela despite all the hyperinflation and economic disaster.
They really aren't. Millions have already fled the country, and there's a lot of discontent. Maduro effectively controls the entire government though, so little is done about his regime. As for why revolutions aren't taking place, well, he's basically buying the military's loyalty, a typical dictator move. Either way, I'm pretty sure his days at the top are numbered. He's going to run out of band-aids at some point, not that they've exactly been effective up to now. Bitcoin gives people hope. It could be the only thing keeping many venezuelans from starvation.
Only if they've already stashed some beforehand, and even then that will run out. The same could also be said about USD or EUR. What they earn is barely enough for necessities so it may be smarter for them to prioritize that. Their only real hope is getting the hell out, hopefully with more non-shit money to spare. |
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but we can't really call that speculation because speculation is supposed to be based on facts not based on guesses. speculation itself can be a guess but the basis must be facts. in this case when you see coins move you would be making 2 guesses and them making a conclusion. the first guess that nobody mentioned is that you are guessing it moved to "an exchange". the fact is you don't know where they moved. it may just be to another wallet, or it may even be sold off the market not on exchanges. and the second guess that others also said is that you are guessing they were "sold"! for example when someone moves coins to an exchange it may be to put up a fake sell wall preventing the rise so that they can BUY more.
I'd say it still fits the definition: the activity of guessing possible answers to a question without having enough information to be certain You know the coins moved somewhere (and there are tools that may tell you where), so in the end you're speculating on a possible outcome of an action. I don't think the semantics matter either way though lol. People won't stop doing this for as long as whales maintain their reputation, which they may not deserve to the same extent anymore given the size of the market. |
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Here are my thoughts: so what if crypto doesn't dirsupt it?
Crypto is just money at the end of the day. It doesn't need to disrupt or topple anything. For as long as people can use it for its strengths, it will have fulfilled its purpose. Disruption of the market should be a consequence, not a precursor for mass adoption. It's certainly not a barrier for crypto's success so why bother worrying over it?
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I don't think that they can completely prevent it though because people will always have a way to achieve what they wanted. You're right that the criminals shifted their attention more to privacy coins as bitcoin is not that anonymous compared to the coins you mentioned that's why it is not the choice of most criminals anymore. But then every time there is a news, bitcoin is still the one being pointed out as used by criminals because many people only knew bitcoin and thought that it's the only cryptocurrency existing.
They actually still do use Bitcoin because of the privacy coins' lack of liquidity: Infante added that while privacy-centric cryptocurrencies like monero and zcash may be attractive alternatives, they are currently too small and illiquid to be a viable payment instrument for criminal enterprise. She also said that DEA agents “still have ways of tracking” these transactions, though she did not go into detail about those methods. They probably don't use Bitcoin as much for actual payments on goods, but they definitely still use it as a gateway to fiat. It's only going to get harder as regulators start clamping down though. |
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I honestly don't think one can win over the other. They cater to two different niches: convenience and privacy. It's not a question of what's better, but a question of what a person prefers.
We currently have convenience winning by a wide margin as centralized exchanges take a massive piece of the trading volume pie. That trend could easily reverse with the introduction of atomic swaps and/or other future technology, but centralized exchanges will live on for as long as fiat pairs are relevant.
I personally think it's great that we have the luxury of choosing between two options, and it's certainly better for adoption that we do.
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On the other hand, a store of value, high fluctuation in value makes it unsuitable to be a store of value.
How so? I have been using Bitcoin as store of value for years, and it worked out pretty well. I don't think it has as much to do about fluctuations in value as Bitcoin's track record, or more specifically, its lack thereof. People who have held coins for longer than a year know that Bitcoin can hold its value really well, and that chances are it's going to be even more valuable in the future. The problem, I think, is that Bitcoin hasn't even existed for a decade yet. I can't blame more traditional people for thinking precious metals are a much better option for storage of value considering the fact that they've been playing that role for centuries. Generations of people have gone that road without encountering any problems. "Tried and tested" typically trump "new and innovative" in cases where you need to wait decades for a result. Fluctuations themselves shouldn't be too bad at the end of the day, but I imagine they may cause some unnecessary anxiety, so I can also see where that sentiment is coming from. |
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You cannot just predict a dump by looking at someone moving their coins to an exchange. There are other possibilities too, like selling them for their own profit or may be the previous exchange was not preferable to them. Anyways, we cannot do anything about it right now rather than observing the situation.
That's how speculation works. There really aren't any tried and tested methods to predict how the Bitcoin market will move, so people try to look for anything and everything they can use. A move like this could actually be significant depending on the context (like Roger Ver moving 25k coins to an exchange last November lol), but this one obviously isn't. This mentality about whales being able to freely control the market has become a self-fulfilling prophecy where we allow them to affect the market simply by moving their coins. |
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i created a wallet form web wallet
What web wallet are you talking about? I would recommend you move your funds to a software wallet like Bitcoin Core or Electrum. You may also want to consider using a paper wallet or a hardware wallet if you plan on holding your funds for that long. I personally wouldn't be concerned of any upgrade rendering your coins inaccessible. This can only happen in a case of massive unprecedented cryptography breakthrough (quantum computing breaking through private-public keys combination, etc.) and nothing of the sort is going to happen within the next 7 years. This is also very much a doomsday scenario -- I don't think Bitcoin will survive if things get bad enough that old coins get locked out because of protocol changes. |
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About that, is there a clickable link to access the blocked site after the warning?. This is what I mean, you access a website and blocked by metamask and you want to access the site that is already proven by you that it's not phishing link or website and then you just have to click a link or button to access the site like continue to site or something like that.
I don't think you can without disabling MetaMask. If you're using it on Chrome, extensions are disabled by default on Incognito mode. You can also use a second browser. About the underlined "please file issue" does it take much time or not?
The report itself shouldn't take much time, but whether or not MetaMask will take action immediately is another question. I haven't tried it yet, but if you encountered an incorrectly tagged website, you should probably try to report it. |
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I don't know if there are studies concerning Bitcoin specifically, but there's this: The more than 1,200 crypto community respondents broke down to 8 percent anarcho-capitalists, 24 percent libertarians, 21 percent conservatives, 9 percent centrists, 27 percent liberals, 9 percent socialists and 3 percent nihilists. It's only natural as more average joes with more moderate beliefs have come in to dilute the original community. I'm sure some of the OGs lament it, but the beauty in Bitcoin is that they can still do what they want with the technology no matter what the prevailing community sentiment is. Money is just money no matter what you identify as after all. |
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They're just numbers. How can that get complicated? People are taught to read these at elementary school. Just about anyone is capable of counting zeros. You can also use mBTC, uBTC, etc. otherwise. You could make a much better case with setting up a wallet, sending out transactions, taking care of your money, etc., and even then, that only takes a little bit of getting used to. I agree that things could be much easier on the end of users, considering how easy it is to swipe a card/NFC or use Paypal, but I don't see the number of zeros being a problem for adoption at all. First point here goes that bitcoins are not meant for low educated peoples and only experienced and working peoples can get it much accurately. We have very low chances of making some changes in bitcoins to make it more easier and simpler for the globe to understand but it would ruin the importance of bitcoins then. Bitcoins are great as they are now and they do not need any major changes. Just the peoples need to adapt bitcoins for their betterment. Also an experienced person in terms of cryptocurrencies would never make mistake in the amount of "0" the transaction has. (Commonly known as satoshi)
They're meant to be usable by everybody. The user experience aspect can be dumbed down without affecting integrity of the protocol. There's still the question of how though. |
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It's been a while since I've used blockchain.info, but they don't require KYC, right? If so, then anyone can just make any number of wallets that they want. Rather than saying 50k users (unless they have a good way to actually track real signups), it may be more accurate to say they're adding 50k more accounts per day.
Still, if this is true, then I guess it signifies that Bitcoin interest is still pretty strong. I would never recommend anyone to use any online wallet ever, but I suppose newbies have to start somewhere, and that blockchain.com isn't the worst service they could use. They should learn on the fly that online wallets are a bad idea, I just hope it happens sooner rather than later.
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Much appreciated ! I am set to buy the trazor, but since u said do Not buy from re sellers now now suspicious of every single reseller out there even reputed ones on ebay !... Problem is i need to pay with PayPal and original trazor website wont accept paypal  Any recommendations where to buy (reputed) with paypal support ??... thanks, Lol we may have gotten a little overboard by saying not to trust any reseller (that's mostly about random people and shops), but Trezor itself does trust a few of them. You can find the list here: https://trezor.io/resellers/I'm sure some of them will be able to fill your needs. There's also a way you can check if it has been tampered with: https://blog.trezor.io/trezor-one-tamper-evident-packaging-f98d3f63569dYou should be good to go now! |
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