Bitcoin and Litecoin were the first 2 coins I aquired so im a fan of LTC. this link is great, apart from the FIAT price Litecoin is almost double in everything. Litecoin is a very good long term hodl, its a pity its merits are not mentioned more, everyone seems to be transfixed by the sub $10 coins and tokens. |
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Well, if blockchain is a future, why do they ban investments in ICOs for USA citizens? Cant see any logical explanation.
because they dont have control over them and the majority are scams. blockchain technology is there for all to use and the US government announcing they are looking at developing it is not spectacularly surprising. eventually all countries will use blockchain but it wont be anything we are interested in because they will still control it, just like FIAT. |
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we dont know because there are a few FUD generating stories going around like the G20 one which is over now.
In the end of the day there is no point panicking or wondering about negative stories because crypto will not evaporate to nothing,
developers are still working on their projects, people are still using crypto the same as before, nothing stops.
the only thing is traders think differently.
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the easiest way to buy bitcoin is to use https://localbitcoins.com/this is not the safest because it is possible to get scammed if you are not careful the next easiest option is to use the currency exchange section of this forum https://bitcointalk.org/index.php?board=53.0after that you have to register with an exchange like coinbase or bitstamp but you have to get verified and link your bank account, this takes a bit longer but is safe. |
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I assume you are all in with bitcoin?
if so you have 2 options: 1.) hodl for the long term or 2.) follow the markets and trade to make that portfolio bigger.
personally I prefer option 1 because I dont follow the markets and feel I would be too slow to react to trends,
I protect what I have, just my opinion.
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Bank of England governor and head of the Financial Stability Board (FSB) Mark Carney told G20 members that cryptoassets “do not pose risks” to the world’s economy in a letter dated March 13, Reuters reported Sunday, March 18.
The letter was addressed to G20 Finance Ministers and Central Bank Governors, who will gather for the summit in Argentina starting Tuesday March 20. In it Carney dispels the idea that Bitcoin and other cryptocurrencies are having an adverse effect on financial security.... .... ....
indeed here is the link to a news article stating this - https://www.newsbtc.com/2018/03/19/g20-announces-no-new-regulations-and-bitcoin-shoots-up-1000/Quote - The FSB’s initial assessment is that crypto-assets do not pose risks to global financial stability at this time Good news, now hopefully this will stop some of the panic happening in the markets. |
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There was a rumor that Twitter is going to ban cryptocurrency ads. Why won't they stop and just support the new technology?
Thats the problem "a rumour" until there is an official announcement from twitter its not a story. Anyway twitter will still allow me, you and anyone else to talk, share and promote crypto, Its the same with facebook and google. |
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For me its "old skool" stuff like Litecoin, Dash, Monero and Ethereum that i am focused on now
because they are known performers and have a proven backing.
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I think these are both good ideas
It sometimes looks like the OP of some threads doesnt know how to or doesnt want to use the search function in the forum.
There are so many threads thate essentially duplicates of other ones.
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IMO the reason people think bitcoin is a ponzi scheme is because they dont understand or dont want to understand how it works and what it was invented to do. It is ignorance.
To those who dont understand bitcoin is created from nothing, it is nothing because there is nothing physical.
It probably looks like the actions of pump and dump schemes to them.
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Well i am a hodler and i have not reacted to any bad news story.
We have to realise that as well as people selling out of fear when bad news surfaces
there are also people who can see an opportunity to grow their bitcoin hodlings by selling high and buying back low.
Both of these actions have an effect on the markets.
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This is not good enough but unfortunately this is part and parcel of using exchanges in a decentralised technology.
To me they are a necessary element which we want to use crypto as commodities.
We dont need them to exchange tokens with each other or buy and sell crypto for FIAT.
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What i think may happen is ICO's will continue to surface
and some will propose newer versions of older projects
And may have better success where older ICO's didnt or couldnt make their orojects materialize
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Yes bitcoin has lost its popularity. It has lost its popularity as to a "double your money daily scheme". Bitcoin still is quite young i mean its technology is young earlier people used it just because they were seeing a huge uptrend in its graph. But the strength with which it is still holding clearly signifies how important its technology also is. I think bitcoin is now gaining popularity as a cryptocurrency rather than an investment.
I agree, there are probably people who hopped onto the wagon in december and have since jumped off after losing out And there are those for whom it was a fad but long term bitcoin and crypto will be growing. It just has too much to offer now fot it to be totally abandoned. |
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Dangerous thing to be doing, im sure any company with a half decent IT department would figure this out. Its tempting though, free electricity is a very lucrative aspect of mining. Im sure there are a lot of people taking advantage of 'free electricity'  |
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Im not sure if the big price corrections are good or bad for crypto.
It will be nice to hear other THEORIES on this as the thread expands.
Personally im not too worried about the corrections because medium to long term i think there
will be further adoption and as the adoption increases so too will the values.
When the corrections come they will be higher than the previous ones.
Some people may run away but more will come in.
Time
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Good points in the OP.
Bitcoin is indeed very strong (disregarding the FIAT price)
and IMO will continue to be adopted.
We are already seeing transaction fees falling and soon everyone will be able to enjoy fast transactions.
So i would say in general Bitcoin is growing.
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i think this MtGox thing is contributing to the falling values but as said only when the values turn negative.
i cannot wait for all these bitcoin to be sold, it will mean this chapter will have ended and we can all move on to the next FUD issue
so we can all scare the hell out of each other.
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Good news for all involved in DASH.
Obviously Payza are introducing DASH because they can see a positive future.
West Africa and Venezuela are obviously using DASH and with this added useability DASH should see further adoption.
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A lot of things are affecting the markets,
Its the google news, its the mt.gox news its the FUD related to those which creates panic selling
and its a degree of market manipulation and others strategically selling to buy back at the lower value.
I really didnt think we would br back to todays value after climbing over $10,000 last week.
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