Hi, >:(I'm new but I'm looking trusted site to buy. Please help me.  Thanks If you like to buy an instant then you can try to use changelly exchange or shapeshift.io . So far I've been using these two without any problems either in small or big transactions. You didn't state also if what do you like to use in buying a Bitcoin so we can give a better suggestions as every exchanges differs in payment options also. And I suggest that you should try a small transactions first before transacting big amounts so you can avoid losing big funds if you will make a mistake. |
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I once came across an article where it was stated that over 60 percent of most crypto transaction were used for betting. I don't see anything wrong with that. But don't you think it portrays crypto in a bad way?
Do you think it is not happening in the real world using fiat? So in my opinion, it is only normal as we are free on what to do with our assets. Having 60% of transaction for betting didn't portrays crypto in a bad way because everyone has it's on way of understanding. If you hate gambling, then you will surely agree with it but if you are a gambler lover or you are neither a hater or a lover then you don't have to worry about it. The only things that remains is the government but I am sure that the governments has it's own share in every online gambling that is being originated in their country so it is not a problem also. |
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What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...  Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree? I difinitely agree with you in this market season, huge bounty rewards are very unrealistic so it is better to choose few projects that offers a reasonable bounty rewards than joining this kind of bounty. Researching and doing some background check to any projects will surely help you to decide on what bounty campaign to join, so don't just join blindly or else you are only wasting your time and you will not get any good profit from your effort. Even if they are not listed or traded yet, as long as it has the potential to succeed then I have no problem with it. |
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Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.
It's my own analysis so far in this altcoin market.
What are your thoughts?
Your right it will be best if they don't have to worry about the financial support and the best way to obtain this is to gather as many partners that they can get. Partners are the most influential factors in every project so there is a big chance that it will succeed. Aside from that, they should focus also to their marketing and they should allocate good amount of money for it in order to maximize their audience and they can get huge numbers of investors. These are the two factors that I can say the most important one as good technical support or development team can be gathered anytime especially if you have stable financial support. |
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With more and more countries moving towards gold, one major question has arisen: how exactly will we measure value in an increasingly digital world, and what will take the place of the “gold standard”. Some financial analysts are suggesting Bitcoin (BTC) as the obvious replacement, but what actually needs to happen for Bitcoin to take the place of gold, and is Bitcoin (BTC) actually up to the task? Bitcoin: the cryptocurrency Gold StandardBitcoin is already recognized as a kind of Gold Standard for cryptocurrencies. Bitcoin (BTC) was started in 2008 by Satoshi Nakamoto, largely as a response to the need for a new, decentralized financial system. 2008 was a pretty difficult time for the world’s financial markets – with a global recession, bank bailouts and failing economies, Nakamoto realized that the need for a currency that was not controlled by a central entity (government or bank) would change the future of the financial world forever. Until relatively recently in human history, gold was the ultimate commodity. Stable, scarce, and divisible – gold represented everything that makes up the principles of “good money”. Societies have risen and fallen, but gold has always remained constant. How could Bitcoin replace gold? In the 21st century, trade is no longer being driven by a physical exchange. Bank transfers, eWallets, and now cryptocurrency transactions mean that we hardly interact with physical cash at all. Modern society is a digital society, so wouldn’t it make sense for our new “gold standard” to be digital too? A new report by Grayscale Investments, argues that Bitcoin actually possesses a “better composition of ‘good money’ qualities…”, almost tailor-made for the new, online economy. The report states that Bitcoin is scarce, verifiable, durable, portable, divisible, fungible and recognizable, just as gold is, only in ways that make more sense for a digital world. With that being said, Bitcoin is still very much in its early adoption phase – it might not seem like that, but in reality, it hasn’t existed long enough to reach the level of recognizability that would be needed for it to become the new global gold standard. Bitcoin is still relatively volatile compared to gold, although it is still the most solid cryptocurrency. Still, should Bitcoin reach the $300,000 mark, there’s no denying that it could very well become the new gold standard. And, quite frankly, a digital gold standard makes far more sense for a digital economy, than a physical gold standard does. If you want to get really into it, here is a debate between Anthony Pompliano and Peter Schiff. If you want to really, really get into it, you can buy Bitcoin through exchanges and trading platforms like eToro, Binance or Kraken. So, what needs to happen for Bitcoin to take the place of goldBitcoin needs higher adoption rates, increased stability, and an increase in value before it will truly be able to take over as the gold standard – but that’s not necessarily far off. Considering that more than $68 trillion in generational wealth is set to change hands in the next 25 years, and the majority of the new wealthy will be millennials who are more inclined to put their money into Bitcoin vs gold, we very well might see the rise of the Bitcoin gold standard sooner rather than later. https://zycrypto.com/what-needs-to-happen-for-bitcoin-to-take-the-place-of-gold/Aside from what you have quoted, the very first stepping stone for the bitcoin to replace gold in the future is the government acceptance. Once all the government will accept and use the crypto currencies there is a big possibility that they will create a law that will make the crypto currencies or bitcoin as legal money. After that, adoption rate will surely increase and it's value will rise steadily and it will surely create a modern society where everyone can use bitcoin in every corner of the world. |
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I am doing market research for a potential project.
If there was a website you could go to daily where you would earn anywhere from 1 cent - 10 cents worth of bitcoin just for clicking a button, would you do it?
No strings attached, no deposit required. You go to the website, push a button and 5 cents is deposited into your wallet. Would you go every day and do it, or is it not worth your time?
It's a complete waste of time but if you can click multiple times within a minute then it is worth the try like you are allowed to click 60 buttons within a minute. But if you can do it only like every hour or once a day, don't waste your time for it as the site owner will only benefit in every visit that you do to their websites. |
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I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk.
on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements.
I always think that people who have opinions like that are people who don't really know about blockchain technology, or they just read from one of the articles that happens to provide news about a "dark" case in bitcoin, so they often assume that bitcoin is a range against hackers and scam.
what do you think about finding people like that and how will you react to them?
This is very interesting statement, if they say that bitcoin is vulnerable to hacker risk then do they think that there money in the bank are 100% secure. Most of the people who don't understand the blockchain well will surely say this kind of statement but we cannot blame them as we cannot deny that there is a risk in placing your money in bitcoin or any crypto currencies. If I can find a people like this, there is only thing that I can say to them. Try it and see for yourself how secure it is if you just follow how to protect it and how beneficial it is especially the profit that they cannot get in storing their money in the bank. |
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Hy all. How are you. Bitcoin will rise to the moon in early 2020, do you know the reason? One reason is that more and more people are familiar with crypto and the digital world. Thanks.  You have your point but that is not enough reason for bitcoin to moon in early 2020 because not all the people who knows or familiar with bitcoin are going to invest with it. Demand will make the bitcoin price to moon but if the big whales will move in early 2020 then it is enough reason for bitcoin price to rise. But early 2020 is not a good choice as there are plenty of celebrations in that months but let's just hope that it will moon as early as possible. |
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There is a major issue which is becoming resistance in the way of Bitcoin to be accepted globally and it is its "Volatility".
In the near past we have seen Bitcoin dropping more than 15% in a matter of 3-4 hours. And there are a number of cases in the past like this.
This property is too much dangerous for any entity which is holding Bitcoin. If a company sells products/services of 10000$ and receive payment in Bitcoin, and bitcoin loses 10% in one day then basically company has lost 10% worth of their products.
Scenarios where gross profit margins of the companies are less, this property makes nearly impossible to accept payments in Bitcoin. If volatility of bitcoin is decreased in the future, it would be a major step ahead.
Yes your right in other instances but what if they receive the payment in bitcoin then the bitcoin price increase to 10% in just one day? Do you think the company will lost it's profit if the situation will be like this? There are many companies already that started to accept crypto currencies as payment option because they know how to play with the market. If the market will goes down, they will just hold it and once the price will goes up then that is the right time for them to sell. So it's about adoption on how you are going to adapt the market condition and be positive instead of negative thinking's. |
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I have seen many exchanges have launched their own token like Binance with BNB, Idex with IDEX, Hotbit with HTB, Yobit with YO etc. where exchanges use their own tokens as another way to pay fees to support token. In addition to it, different strategies are used to create a hype like decrease in supply etc.
But if an exchange goes through a hard period of time and shuts downs then ultimately that token will come to its end because there is no community other than that exchange supporting the token simply because it has no usage outside the exchange.
According to me exchanges should promote the usage of their coins/tokens outside the exchange to build a community in support of it. If your community consists of huge individual entities who believe you then a great community can be formed. Otherwise lack of applications would lead these things to disaster.
So far these are the only usage of their coins/tokens, I can say that your idea is great but the big challenges that they are going to face is how they are going to do it? Because if there is a way to do it, I am pretty sure that those big exchanges are already doing it as it is part of their marketing plan to widen the usage of their coins/tokens in order to increase the demand. Maybe in the future we can see this kind of evolution, let's just see how the big exchanges will do their own tricks. |
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On Saturday the 19th I was at a pub and grill with friends for a birthday. While I was there I happened to look up at one of the tv screens and a football match was on. I do not watch football nor do I know much about the leagues. I understand how the game works and that's about it. While I was watching I noticed something but just to make sure I asked the table if they saw it too and they confirmed it. (there were 5 of us at the table 2 of which know and understand bitcoin and how it works they just don't own their own crypto I don't know why) What we saw was the bitcoin logo BTC on the sleeves of Watford FC players. I was excited and glad to see it. I asked a friend at the table what they thought the sponsor was from and he said probably an exchange. Turns out that the Turkish exchange BtcTurk was the Watford shirt sponsor and BtcTurk have sponsored Yeni Malatyaspor, a Turkish club. https://cointelegraph.com/news/premier-leagues-watford-fc-puts-bitcoin-logo-on-kit-accepts-btchttps://www.ccn.com/turkish-bitcoin-exchange-becomes-footballs-first-ever-crypto-shirt-sponsor/You can find out more with a simple google search as well.  Has anything like this happened to you when you didn't expect it? What did the people with you at the time have to say? This is the power of crypto currencies and the marketing of big exchanges are pretty awesome as they were able to expand it to sports. Football is not really familiar in our country but I know that it is very popular in other countries. Players wearing the logo of bitcoin will surely cost a good amount of money but the audience that they will get from this advertisement if pretty huge also therefore I can say that BtcTurk is a serious exchange. |
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Hello, A question that poped into my mind and got me interested. I see a lot of random people, though reputable offer to mediate (a.k.a Escrow) for people who want to trade with each other. as far as I know there's a few solutions like Payfair.io (which I find quite cumbersome, somewhat), bitrated.com (but they use agents and don't really offer escrow, but more like a voting service), localbitcoins (a somewhat reliable solution, ut they limit how much you can trade and generally require a lot of information) & https://btc-asia.com (looks legit, but again it's a person not an entity) all in all, I see users tend to lean more escrow services on forums and private individuals, though not necessarily cheaper nor safer. What am I missing? Is there a service I'm unfamiliar with it? Would love to get your thoughts, Aside from what you have quoted there are reputable members also here in the forum that offers the said service. If you like you can check also this service https://bitcointalk.org/index.php?topic=2062906.0I am not promoting his service but his service is only one of the reputable escrow provider here in the forum so you don't need to use the other platform there that will give a headache in the end. Using the service here is the fastest and more safe compare to outside escrow provider. |
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Back in the day, Vitalik once said that crypto will be going to zero. There has been many concerns about the longevity of cryptocurrency as a serious form of money, given that it's relatively unstable within the mainstream world. It's been 10 years since Bitcoin was created where crypto has had its ups and downs. However, many are afraid that crypto will be going to zero as the blockchain hype ends and governments start rolling their own digital currencies. When we take a look at most cryptocurrencies on the market, most of them aren't even useful at all. Perhaps, the only one is Bitcoin but it's terrible as a currency for daily transactions. Which is why, I'm starting to wonder if crypto will really go to zero in the future? If this happens, then most of us will lose our hard-earned money as crypto becomes worthless. What are your thoughts?  Our hard earned money that we put in crypto currencies will be lost only if crypto will really go to zero but this chance is like 1% to happen in the future even if the governments will start to create their own currencies. But there will be more changes in the future, that is pretty sure and those who cannot adapt the new changes will surely fade. Most of the successful projects have it's use and they are not useless as what you have address, that's what I believe base on my observation. |
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There seems to be a trend not yet recognized by many experts and that is the withering interest of the people on Bitcoin, especially if we compare today with the days of 2017 and early months of 2018. Of course, we could not expect that people will always like, search and talk about Bitcoin for years. There will always be a plateau and a possible downtrend, sometime somehow.
Is this something we have to accept or should we do something about this?
We can't do something about this as this is how bitcoin works for several years already. Once it's price will hit the peak like in 2017 then people around the globe are talking about bitcoin as the market is very lively. But as of our current situation now, we cannot force them talk about bitcoin as the market is in bad condition and we are almost in the bottom. All will be lively again once the market will start to recover and we can hit again the next peak of the market. Its not that people lost interest, they are only waiting for the right time. |
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I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
Yes you are right but you are missing the most important part which is how to segregate the suspicious projects from genuine one because even genuine projects are tempted to exit scam also as what I have observe in the few projects here. But for those shit projects that you can notice without digging deep then we have no problem with it. What we have problems are those projects that are pretending to be the best project but in the end they will run the money. Most of the bounty hunters that supports the shit projects are those newbies because they didn't know yet the difference between shit projects and genuine one. |
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I know binance is the most popular exchange, but binance and other exchanges such as okex, huobi, ...and others forced you to hold their token to participate in IEO, so i list exchanges do not forced you to buy token.
What you think about this exchanges, do you suggest it?
If you do not suggest it, or think it is not good let me know the reason?
lattoken
probit
lbank
p2pb2b
coineal
vindax
exmarket
Finexbox
Sistemkoin
This what i know, you also can add exchange not forced you to buy token not listed here.
Some of this exchanges i use it, and some of it i did not.
In your list it's better that you should avoid p2pb2b as they are faking their volume. I guess lattoken is fine and the rest is not so familiar to me. Big exchanges are forced us to hold their tokens are only part of their marketing also, so I don't have a problem with it especially if we are talking about Binance and other big exchanges that has a genuine volume. |
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When i search i found ICO projects with very good rating, this rating posted buy ICO rating websites, how this rating works, websites did not mention about the factors use to rate this projects.
Right now, you cannot fully trust the platforms that gives a rating as most of them are giving a rating base on how much you are going to pay for your ratings. Everything can be bought right now so we cannot fully trust the websites that gives a ratings to any projects. Genuine ratings will be base from their websites security,product,team,roadmap,whitepaper,softcap,hardcap,total supply and etc. |
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So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.
What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
They are already part of the crypto community so it will be very difficult to erase them but there are few ways to counter them like the regulations of the government and few platforms out there that checks the credibility of any projects. But investors can be blamed also as there are many investors out there that are very greedy like they will take the risk in investing to the shit projects because of the promise ROI. |
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Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.
This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.
but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.
It cannot be considered as ponzi scheme as you cannot earn easy money in crypto currencies if you don't have the skills that is needed to get a profit from it. There is no quick profits in crypto, in crypto if you are trading then you need some time before you can earn a profit from your capital. And if you are a marketer, you need a client to earn a profit and if you are a project owner you need to create a solid project that will succeed to reach your softcap. There is no shortcut to everything, you need to work for it. |
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What you think more profit, participate in IEO or wait after IEO and buy the token from exchanges?
Participate an IEO is the best option to earn more profit compare to buying the tokens in exchange as there are no guarantee that the buying price that you set will double in the following months. But it's up to your game plan also, if you like to play safe then buying in the exchange is the best option for you so you can check whether the demand of the tokens is great and that is the time that you will start buying also. |
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