If I can't find a bounty project that's already listed and trading I'm done joining bounties.
No matter how reasonable a project might be if the teams decided to stay anonymous I will pass by
Whitepapers and roadmaps aren't enough anymore,developers should be ready to face the public and be ready to show me they are ready to work ,not experimental on 'it might became success or failure .
Its sad truth that ICO seems to be dead and doing bounty not really worthed anymore. But still i do believe there is still a chance to earn money from bounty. I believe market are started to recover and when STO are official and we have a clear regulations there is a chance that bounty will be worthed again. |
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Can we buy Facebook cryptocurrency Libra now? How? Where?
I want to buy asap before the price pumps greatly.
You need to understand what facebook are trying to build. I believe libra is mean to be stable coins and if expect it to be pumped i think you are very wrong to invest in this coins. Libra are made for global transactions and its backed by so many big company which is the coin are backed by dollar and the purpose of this coin are to make use of cryptocurrency transactions globaly. |
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Because the hacker becomes smarter so they will be hacked what ever they want so those have big business here in crypto world like the exchanger better to do the best for your site to secure fron any threats that possible to fail to you or gone like the hackers who are wants to hack the exchanges site because mostly they will get millions of dollars in one hacking a exchanges site and they are rich in short period of time.
hackers always try something new and they have the principle to never give up before they can reach the target, and usually the exchange is too careless and too relaxed about the security that is in place of exchange, making hackers smarter and finally many places of exchange affected hack. Yes hacker are smart and i do think there is no exchange that cant be hacked. I believe every program are made by so many layer which if you able to penetrate every layer than you are hacked and that why i think good exchange should keep update their security system. |
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Asian is most country have friendly for cryptocurrency, for the first country support bitcoin is China and after banned by China Japan become more friendly country always support how bitcoin become legal transaction payment.
yes japan are the most welcome country in asia, i do also think thailand is very welcome with cryptocurrency, they make some crypto legal to be traded and to be use for transactions. |
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Hi ! First message here. If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ? I'm not talking about solar flares or EMP. But more like big wars or great natural disaster. What are your opinions on the subject ?  I believe it will decreasing the price of bitcoin. The reasons is: 1. The only demands that will increasing is the needs of food and water and people could sell everything that they could to fullfil this needs. 2. bitcoin not solving anything and i think people would not even think to invest in something and its not strage that the country that been through natural disaster will have a rough economy. 3. Wars only bring pain and sorrow dont think it could boost economy at all, but i do think super power country will hold so much power in economy if the wars did happening. |
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John McAfee, the future presidential candidate says that If Bitcoin Breaks 100k you can bet it will break a million. What's your point of view on this, let me know! John mcafee is insane and dont believe people who tweet cause they paid to do it. John mcafee is a worst influencer in crypto and what he do is only pump and dump the project. I do admit that john mcafee is a good marketing but lately i think his prediction is become more crazy. |
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Well its true scam are major problem in crypto space. Crypto makes all of transactions between each country seems easier and many people use this thing to scam people. I think we do need regulations that could protect us but transactions using cryptocurrency is hard to be detect even though its seems to be transparant. |
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We all know that China doesnt want to be involved on cryptocurrency for some reasons but after whats happening to China and Hong Kong, it seems like bitcoin would be the main option. The two countries are currently under stress because People in Hong Kong vehemently oppose a proposed bill, which would give authorities the power to deport those suspected of crimes to mainland China. Hong Kong people obviously engaged in a rally for them to change the leader's mind. With this, the people, most specially rich ones wanted to withdraw all their money in China or makes it anonymous that's why they are eyeing on bitcoin as the main option for transferring of wealth. We dont want to have this kind of war between people or countries. Even though it will be a good way of boosting bitcoin, i hope it will not end in that way and resolve the problem of both countries. Its still not safe there till now. Lets pray for the people's safety. Here's the full article https://bitcoinist.com/hong-kong-protest-china-bitcoin-assets-offshore/Well if this chaos make bitcoin more popular, which bitcoin are use to hide money from the goverments. I think this kind of thing could turn out to be bad and goverments of china and hongkong could make a more strict regulations that will prevent those who wanted to hide their money by using cryptocurrency. I do think bitcoin will become more popular caused by the development of the technology such as lightning network and real use case. |
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The debate is still on-going if large investments from institutional firms, would be good or bad for Bitcoin in the long run. Some are saying it will bring more volatility <price manipulation> and others are just happy that the price will probably go to the Moon.
There are also conspiracy theories doing the rounds that these institutions will use their financial powers to destroy Bitcoin. <Buying large quantities and also dumping large quantities>
Some are even saying that the small fish will be eaten by the big sharks. Let's consider the impact of this and how this will change the Bitcoin scene.
Will Bitcoin go 100% commodity & store of value or will it still be used as a currency?
well it depends how you look at it. In my opinion institutional investors are the big fish which could drive bitcoin become more popular and that means more investors and also more use cases which could turn out to push bitcoin price. I do also think institutional investors are long term investors that will make bitcoin grow slowly and also reduce the fluctuation. |
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I am determined to buy FB coin Libra even though it is not available yet. I hope it is available on exchanges where i can buy easily.
Will it be a threat to BTC and other altcoins? I am afraid that the prices of BTC and other altcoins will go down. It makes me hesitate to buy some currencies like TRX currently.
Well i think they are trying to make a stable coins, and i dont see any kind of meaning to investing in stable coins, cause it will be stable. I do think libra coins from facebook is really good cause they got a big company behind it. But for investments i dont think so, cause i believe its only become a trusted coins for transactions and not for investments. |
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2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.
I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.
First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.
The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.
There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.
Let's support Bitcoin...
Yes i think cyber attack is the main major problem in crypto space. Even exchanges that are really secure and believed to be the number one exchange could be hacked ( binance). My point is, people are afraid that they lose money instead of earn money from crypto cause there is still a chance for hacker to hack their money. I believe what we need is a secure custody and we do need a third party that could guarante the safety of our assets. 2017 is indeed different cause many people are trapped by FOMO and buy the bitcoin and also many people are investing in ICO that seems to be a pure diamond that guarante you a easy profit. In 2019 we rarely see any ico that are success and many coin are die and i think its good cause we will start to see coins that have a good project and they will success and i believe in 2019 we will see less speculations and fomo in investing. |
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Yeah and i do think iceland should be on the list. i also think thailand is one of the most crypto friendly country. The goverments of thailand even make few crypto legal in thailand and they do think blockhain will have a good impact on businesses in the future. Most of country in EU is crypto friendly. |
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I think Libra; when released will be nothing like what many anticipate - a cryptocurrency in shinning armor,
No one believes this. It's a fiat token under the control of multiple corporations, none of whom are going to agree on anything anyway. I think if it ever actually does emerge it's going to look very, very different to the proposal as there's been instant uproar from the establishment. It'll be a similar trajectory to Paypal. Paypal's original vision was strikingly similar to Libra then it got punked by banks and governments until it was the soulless annoyance it is today. but still i think this project could be great and with stable coins that are backed by many big company , i think it will attract many people to know about crypto and even increasing the number of transaction volume of cryptocurrency. Lets see what they could be and i do think it would be wise to not judge before its happening. |
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More and more new projects are born. For a successful project, the bitcointalk forum is an important step in promoting the project. So why does bitcointalk not issue its own coin to manage and make requests for projects to post on the forum. Like a project running IEO on exchanges, bitcointalk acts as the exchange for the purpose of minimizing phishing projects. Help forum remove spam messages
well i dont think it will be neccessary to make a coin and i dont think bitcointalk have a authority and capability to select which project is not a scam. I do believe bitcointalk is made for discussion of cryptocurrency and promoting is one of thing that we can do in bitcointalk but still i dont see any use for bitcointalk to make their own coin and for scam project problem i believe we got better institution like SEC and regulations that reducing the scam ico. |
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Japanese Ministry of Finance is going to prepare rules for cross-border transfers of digital money
The Ministry of Finance of Japan is going to prepare in the near future rules for the foreign transfer of digital money.
According to the report of the newspaper Nihon Keizai on April 5, the Ministry of Finance plans to introduce rules under which notice to the authorities should be strictly mandatory if the cost of transferring money for a foreign transfer is more than 30 million yen.
It is said that the decision of the Ministry of Finance will facilitate the consideration of the real situation with operations abroad and is designed to curb money laundering operations.
Source: Alpari
I consider this concerns as a good news. Regulations is indeed needed and seems like they do think that digital money have some potential to be uses by wide audience and they do trying to prevent the fraud out of it. So yes its good news |
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Just after the financial crisis in 2009, the journalist Scott Pelley asked Ben Bernanke on the 60 minutes CBS TV show where did they get the money for the AIG bailout in march 14, 2009? was these money of the taxpayer people? He just said:"No. It isn't money from the taxpayers. The banks has it's own accounts with the Federal Reserve as well as you can have one with one commercial bank." He continued: "In such way, to loan to a bank, one just simply uses the computer to mark up the size of the account they had with the Federal Reserve" So he just literally admits they create the 85,000,000,000 usd out of nowhere to rescue the private company. This isn't the way capitalism should work and it's more like socialism where everybody takes the loses  yeah i always think that the production of money is scam and it leads into fluctuation and i dont know the good reasons of making more money. I do believe the more money in market means the less value of the money is, which is means the poorer the citizens whom hold the money. |
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The biggest threat to fiat money is inflation. Inflation can be cured by injecting wealth into the economy and by that rising enough belief to keep the system afloat. This can be done for instance by occupying foreign countries and by that opening up new markets to the companies that are essential to the economy. Or this can be done by loose regulations with the derivatives markets, that will create wealth out of thin air and high hopes.
Can it be that pumping of the crypto markets is just another financial shenanigan created to keep the old system afloat?
They are creating new wealth out of nothing with cryptos, just like with derivatives. The made up wealth that is created, is actually backing the value of fiat. This would make sense why regulators seem so blind on goxdollars and tether.
No i dont think bitcoin is protecting fiat money. I do consider bitcoin as an investments and also as the way to earn money via trading. But i do agree that by investing in bitcoin it could help you to avoid fluctuation cause i believe bitcoin investments is a good choices and we are still in early stages which is full of surprises of development of blockchain technology. |
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 What if bitcoin as cryptocurrency didnt work? Do you think this kind of currency would be better? A dream of having a single currency to be used worldwide is what bitcoin is made to. A currency that doesnt need to be converted into different local currencies with different values. If crypto fails, this idea can be better. If we can produce a coin that doesnt need to be converted and can be acceptable worldwide then its like crypto and fiat fusion. What is the odds? - Who country will produce this? Since we have worldwide organizations, it can be decided that way. Maybe China since they are just against crypto and maybe they want it more. They are the most capable of production anyway. - On what value it will be based on? I dont know much about this one but if im correct, it will be also based on worldwide economic aspects. Since it has only one value worldwide. - Isnt it effective since the value of money is different on all the countries? I guess so. Economically speaking, it will take years of research for this kind of project to succeed. There are a hundreds of things that should be considered. If all nations will be equal, then i dont think there's a problem in this. What do you think? With a single currency i believe it will changes how we see currency right now. WIth a single currency i believe it will based only in trust of the people who are willingly to use it for transactions and i believe the fluctuation is more into commodity cause we have a single currency that are stable where ever you are. |
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Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too. http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/yes its sad truth that most ico are scam and its include the success ico. I do believe we need to be careful when investing in crypto and we do need to find as much as information before investing. I do believe there is still a good ico out there that are worth to be invested but ico should make more a good proof that they are a real project with a real idea that have a demand and could grow with help of the fund from ico. |
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I think cloud mining in general is not profitable.
Here are my calculations for Mining Cloud vs Buying Bitcoin.
All following calculations are done on annual basis.
All following calculations are done WITHOUT halvings and adjustments counted until you read later down.
Hash rate (total hash power of the world) close to 49 Mil. Th/S as of today May 17, 2019.
Every hour gives the world 6 blocks, multiply that by x 24h x 365 days= 52,560 blocks produced in the world in 1 year.
Currently there are 12.5 bitcoin mined per each block x 52,560 blocks= 657,000 bitcoin can be mined per year in the world if no adjustments and halvings happened.
49 mil. Th : 657,000= about 75 TH/s to mine 1 bitcoin as it stands now, before counting adjustments and halvings.
Let’s assume I bought 1 bitcoin today and paid about $7,200 (as of May 17, 2019) in a hope to sell it in 1 year at a higher price.
Now let’s see what would happen if instead of buying 1 bitcoin I invested the same amount of money in cloud mining.
Typical contract from a firm like Genesis Mining offers 1TH at a rate of about $60 all-inclusive per year (May 17, 2019), and that's including maintenance and other fees.
For $7,200 I can buy about 120TH for 1 year term of cloud mining.
120Th : 75Th per 1 bitcoin= that should give us 1.6 bitcoin over 1 year period of contract for the price of $7,200.
1.6 bitcoin is obviously more then 1 bitcoin which I can buy today, so cloud mining is better, right?
I think NOT, because remember we have not counted difficulty adjustments and halvings yet.
Now let’s do that, let's include them in the picture.
The next halving is in about 1 year, so we don’t have to take it into our example as the contract will be over by the time of halving, so for now we just have to worry about difficulty adjustments.
But from historic data I never seen those adjustments less then 100% year over year and usually it’s even more.
So, in our example instead of 1.6 bitcoin, I am lucky if I get 0.8 bitcoin by the end of cloud mining contract.
Therefore, in my humble opinion, it’s safer to buy bitcoin rather then mine one in the cloud.
Would you disagree? And if I am wrong where the flaw in the logic and/or calculation?
well there is a lot of thing that you need to consider lets say by buying bitcoin you are making a profit by trading it or just hold your assets. But by mining that means you are converting the fee of energy into bitcoin. So i do think if your country have a low cost in electricity it would be nice for you to mining bitcoin and the bitcoin that you earn could be considered as investments or you can even sell it immediately. So its matter of choices and both are good and there is nothing wrong whether you buying or mining it. |
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