Now that more and more countries are starting to go cashless ( http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage? It is possible to convert to cryptocurrency, but it is not possible to embrace it wholly and discard virtual currency. Because in the places where the people are not literate, they can't run their daily businesses without virtual currency. We shouldn't limit cryptocurrency usage within the literate class in our society, the illiterate population outnumber the later. So how can we cover the gap |
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stupidity is so close to poverty, do you agree with such a phrase? if it yes, means the poor are the fools. I want to know your opinion.  Stupidity been close to poverty doesn't imply that the poor are fools. Rather, it tries to expose the mistakes people make that could lead to poverty. For instance, not knowing when to buy or sell in crypto could lead to poverty. Stupidity bein the Lacking or marked by lack of intellectual acuity means that lack of intelligence would materialise poverty. |
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"Nearly 2.7 trillion won ($2.3 billion) have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data."
where do you see the improvements being made against crypto criminal activity. this can really hurt the price for traders/investors if conditions don't improve.
This is a major reason why prospective investors a d government are skeptical about cryptocurrency revolutionary attributes. Every positive ideology is attacked by fraudsters, even fiat currency is not exempted from this attacks. As cryptocurrency is trying to prove itself, so are attackers working to deter people from trying the technology. Crimes involving cryptocurrency should be considered a major threat to the world financial system. |
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This is exactly why stablecoins like USDT, TUSD, DAI, Libra, etc. won't gain much popularity. Cryptocurrencies and the blockchain technology were created with a scope - that we get rid of all the centralization and excessive control of authorities over the world. Corruption is at all time high level and transparency is nowhere near where we would like it to be. By adopting Bitcoin and blockchain & adiacent tech like smart contracts I'm sure we will make a much efficient & fair world.
Stable coins will gain more popularity as it is the resting place of traders in time of Bitcoin downturn. Decentralization of cryptocurrency is not complet without the centralization of some part. We should always consider the native system that was already in place before the advent of cryptocurrency. To have a fair financial system, I still believe that the harmonization of the native system and blockchain Technology will help in achieving it. |
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Bitcoin is a total worthless coin that is controlled by chinese miners that hate you.
Bitcoin cant do anything that ethereum can do much better.
Bitcoin is worthless and only paid shills like tone vays or antonopulus are promoting this crap coin so you can lose your money on it.
Proove me wrong before delete my thread- and what happened to free speech bitcointalk moderators? are you paid to be chinese?
Bitcoin isnt a coin anymore for the people but it became a chinese company
stop bitcoin now
I understand that whenever the price of bitcoin plummets to an unbearable level to some investors, we get this type of comments. Don't get upset at the current price of bitcoin, it will still deep. Bitcoin is not worthless, there are lots of testimonies about it usage and benefits. I do advice that you should engage in long term investment, that would be more profitable and as well prevent that state that you have found yourself. |
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Recently Brett Sherman was nominated to chair of Investor Protection, Entrepreneurship and Capital Markets. He will surely have the power to influence bills that can get introduced into Congress. He has been incredibly anti-bitcoin and will surely try to pass bills that will stifle the growth of the industry. Also recently BIS head has been advocating Central Banks begin to use digital currencies for themselves. This will surely play out as a way to out-compete crypto. https://www.bloomberg.com/news/articles/2019-12-05/bis-wants-central-banks-at-center-of-digital-cash-revolutionDiscussion: How can they community rally together for what is to come? Are we ready for when governments restrict / sanction any capital flow into exchanges? How prepared are we for these things? Our duty is to adhere to rules and regulations. It's not our duty to oppose laws. In a situation where there is continuous lapses in the part of developers, which creates the loophole for scrutiny by government, we cannot do anything contrary. I feel that the main reason behind government involvement in setting standards that may restrict unregulated cash flow, is the issue of money laundering. What I expect the community to do is to do everything possible to kick against fraudulent activities, and assist government to bring sanity into the use of cryptocurrency. |
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New anti-money laundering (AML) regulations are coming into force by January 10 in Europe. The rules, which address cryptocurrency companies for the first time, look set to have a large impact on the industry.
The Fifth Anti-Money Laundering Directive (5AMLD) is set to take full effect in less than a month. It was first detailed in May last year.Source link hereIt means that they're clearly in a war against decentralization.They are doing whatever it takes to "take over" and make centralized payments dominant once again. Bitcoin was created for us to have no limits in cross-border payments. Now they're trying to take it away from us, because of KYC. There's very little freedom on how much BTC and altcoins are we gonna withdraw, especially within the European union. It's just that these lawmakers are doing something to make sure we do not prosper, but only them. There are many reason why countries will be against decentralization. Number one reason is the issue of money laundering. Decentralization will make government not to be in control of the movement of money within their territory. Imagine, the freedom that was given to new projects within the crypto space in 2017 and 2018, these paved way for lots of criminality. Giving government much support to kick against decentralization despite it profitability. |
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Good Morning! Bitcoiners. Please sell the BTC now ASAP. The price of bitcoin will fall down more and more. It will be hard to defend $7000. I think now is good time to get your original money from cryptocurrency. Regards  I already knew that it will go below $7000. And I still look forward to it going deeper to $5000. Please, Those who bought bitcoin at above $7000 shouldn't get angry, this is part of what make the market interesting. The market will recover again, and you should be ready to buy more bitcoin and Alts now. This season renowned is the secret of renowned investors. Do not sell and not buy back |
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Do you think it's worth investing in cryptocurrency? Namely, I want to make the cryptocurrency exchange online service very high quality.
What can you advise?
What do you think is the most important thing in an online cryptocurrency exchange service?
I want to implement the highest quality service.
How can I get customer confidence?
It will help you make more positive wave if you can make available some real cash, which you will use to airdrop some good tokens in your exchange. You can also provide a token swap service for those that don't want to go through the hurdle of trading. Also, apply to new project to run their IEO in your crypto exchange, this will for sure make it popular and reliable after series of project succeeds through it. I also know that managing a crypto exchange is expensive, but try to make your charges moderate so that small amounts of tokens won't be worthless after exchange. Possibly, get your crypto charges from a fraction of the exchanges token to build confidence on every token listed. |
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Greetings, Forum.
Relatively soon I will have the leverage to rally thousands of people in the digital art & fantasy industry. With a large community, it is easier to create an original product or reinvent an existent one, but better, or simply start a brand. Ideas range from creating a therapeutic game to more "business-alike" platforms like dating within the niche, marketplace etc.
Let's start a discussion on how blockchain technology could work within the art sphere.
Pardon my choice of words, your idea is more or less re-invented. I have seen several Art projects here that couldn't make it to limelight. What are the reality of this one making it? Please, endeavour to look deeply, and seek for collaboration with real Art platforms and market places. Also, possibly involved renowned artists for collaboration. With this, you would gain public trust. Above all, be original and open to scrutiny from investors and the general public. |
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Generally speaking if you have upto a hundred thousand bucks to invest in a crypto project.
How likely is it that you would be an early investor for that project? As compared to just lending out the money to that project and expecting a return?
I've been a small investor in the past at any one instance where my investment in a project has never crossed the $1500 mark, however, I assume the mentality changes when you're gambling with deeper pockets.
I am in the process of raising funds for a couple different projects one of which is personal, I find that the outlook of investors has changed a lot from the mid-2017 era. They are much more conservative and much more cautious. And this is despite the fact that comparatively the condition of the crypto market wasn't very "stable" in mid 2017 yet investors were more adventurous.
Or am I just approaching the wrong people, especially those that have suffered some kind of losses in the January 2018 price swings?
Due to the experience of promoters and investors, the perception for investment has changed over time. Price swing of the market is not mainly the cause of the drop in response to new project, but the attitudes of majority of previous projects. At the cause of promotion, and Post IEO/ICO, the project owners should be sincere in all their dealings. Most of the current investors are research oriented, they go behind to make proper enquiries on a project originality. Sincerity and originality of purpose is the core principle for success in this dispensation of projects. |
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As the poll question states, in your opinion, is it a good idea to buy (stack) gold?
Feel free to elaborate your answer.
It is good idea to buy Gold when you what your money not to fall below its current value. Historically, Gold is a precious stone whose value has been stable in growth without the investors losing out. So, the idea of buying Gold is an idea of preserving the value of your money for a long period of time while increasing the value. Even now, cryptocurrency have helped us to have digital gold whose growth is equivalent to real Gold. |
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Since many people try to convince us that Bitcoin is a bubble and how we will lose our money eventually, I wonder if money is not a bubble actually. There exist economies in which money has a positive value in spite its market fundamental is zero. That means fiat money has zero value. Fiat money is a social contrivance. We take money from other people because we know other people will take it from us. In theory and practice the fiat money is a bubble.
If bitcoin is a bubble, then anything used as a medium of exchange is a bubble. Because they both have deflationary attributes. The term bubble is used to quantify irregularities and anything with vanishing tendency. The value of a currency is in it worth at usage, so if someone used 1 bitcoin to buy a pizza when the value of bitcoin doesn't equal the present value, that doesn't make the spender senseless because it matched it value at the time of usage. Therefore, the speculative nature of currency exudes bubbles. |
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Hello everyone, I was introduced to this forum by a friend who advice me to be marketing IEO/ICO companies but I see trading as the only thing I picked interest and willing to spend time here to learn. As a result of this I have dedicated 5 - hours daily to learn about crypto tradibg here in the forum since my research only keep me discouraged and scared due to their negative emphasis. I will like to know the difference between shot term and long term trading and the one that is much profitable. Also the different risk involved in both.
Best Regards
CHRIS
This platform is not about promotion of IEO/ICO alone, there are wealth of knowledge here. But if its come to learning trading, you can't learn it here. Rather, you will be getting both positive and negative views/experiences of both traders and non traders. In order to learn trading, I will surget you to make professional research on offline and online trading courses. Moreover, short term trading can be liking to day trading while Long term trading is liking to HODL |
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You know this question is unavoidable...
DID I MAKE A MISTAKE INVESTING IN BITCOIN?
A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
The recent market setbacks have brewed a very big question in the minds of new investors...
What will be your response to this question?
They haven't made any mistake by investing in bitcoin. Every investment has a downtime, and it is the responsibility of an investor to be weary of the trend of the moment, which is dump by weak hand. There is no assurance of profit by getting worried, one can only HODL while waiting for the retraction to uptrend. The fluctuating of price is the joy of crypto investment which enable new investors to come onboard. Therefore, they should employ the spirit HODL, that is the only way to hope. |
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Wow! Somebody utilized around 800 BTC to keep Bitcoin price stable for a period. He was much progressively idealistic that he will win. A similar person that was wagering on Twitter, be that as it may, it would be a serious occurrence if it wasn't. This indicates the power of crypto whales in the market. They can do an undo, and further points at one of the issues to be address on crypto volatility. |
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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.
Your thoughts are wide, though requires deep imagination to ascertain. The possibility for the world to be solely run on cryptocurrency seems unrealistic and realistic too. Talking about the unrealistic aspect is with respect to government regulations. Some countries even bar their citizens within their territory from using cryptocurrency, and we can't impose acceptance on them due to their sovereignty. Then talking about the realistic aspect is by putting into account the current state of cryptocurrency globally. From the conception of the idea to the implementation. At first, it looks unlikely to gain public acceptance, but look at it today. |
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Hi,
Beautiful people
This post is dedicated to all the haters of Bitcoin in this forum. I have been asking my self what did Bitcoin and the creator of Bitcoin do wrong with them?
The one who invented never came out with his name or asked us to popularize him. He became famous because he did invent something that was meant to help us.
We are innovating, we are creating brilliant product but, it does not mean we degrade the one which started it all.
Why anyone would like to question Bitcoin?
What makes you think it is inferior to what you have invented?
Remember, it is Bitcoin that started the revolution and it is Bitcoin that will change the life for the needy.
I have been asking myself what did the inventor do wrong to be conned and claimed as they never were able to prove it? Cheap stunt!!
Mr Nakamoto(it would be nice that everyone give him/her that respect) invented something, which has changed our live, we should appreciate and love his creation, rather asking everyday who he was? where can we find him? and so on.
I am not a judge here, I am that individual who was no one until this guy invented a product and made me who I am!
Thanks.
Respect Bitcoin and Respect the creator!!!
We never would have been here, If Bitcoin creator NEVER thought about us.
Haters are always at the back end of great ideas, especially ideas that are greater than theirs. Or ideas that would disrupt their inventions. Already, governments and other agencies have attested on the importance of Satoshi Nikamoto invention. It has reviewed the lapses in Fiat and the disruptive value on traditional banking systems. |
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I have idea for discussion.
How it could work Taxless society:
Independent world deflationary money for storing value (bitcoin, litecoin...) in combination with inflationary digital money from central banks valid only limited time to directly spend (buying goods and services) or you can change to deflationary money (store of value).
With transparent view of circulating supply on blockchain for each country (inflation based on growing population, number of new pensions... in last year or some other time period).
Community interests (healthcare, roads, pensions...) can be financed directly from the part of that emission with limited valid time inflationary money on annual base.
The salary received in inflationary digital money from the moment of receipt must be spent or exchanged for some store of value (bitcoin, litecoin...) in 1 year or will be automaticly exchanged for some independent world "store of value" (bitcoin, litecoin...) upon expiration of time (just example).
After expiration inflatory money would not be worth (will be "burned").
What do you think is this can be done to work?
Taxless society would cause economy havoc. This will cause all manner of economic problems inclusive of inflation, indirect tax on goods and services that would not be traced to any government agency. Making it possible for corruption on all sphere of governance. |
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