Venezuela is a proof where a country switch to crypto (not Bitcoin) as their medium of payment. I believe the same thing could happens to other countries when their fiat system is in a deep crisis, and they need a sound money in order to make their economy works again. But yeah, a co-existence of fiat & Bitcoin is more possible in the near future.

All of them are real price. Think of it as two place where you can buy and sell something, sometimes they have different price due to different supply and demand. It will eventually reach an equilibrilum sooner or later. Some people will do arbritrage which can lead to price stabilization on both market. You can choose any exchange to buy/sell your Bitcoin, as long as it can give you benefits.

Did you seriously still believe in ICOBench? Their review is bad at best, and some expert are taking money from ICO project to increase their rating. I don't trust any rating from ICOBench, a lot of project rated 4.5+ is not really good, and some expert doesn't have solid background to develop a product. Use ICODrops or other site, which at least doesn't give crazy rating.

Bounty distribution definitely looks like something ICO would do after they finish their business first. In other words, you'll get your bounty after months or probably year of hardwork. Definitely not an ideal way to earn money, and it should not be in the first place. I think the market affect their choice too, honestly it is quite difficult to tell whether ICO really have any commitment for their bounty participants or not. I'd rather stick to BTC/ETH paying campaign if it is possible.

There are a lot of fundamental changes this year, which makes TA trading doesn't really work as I thought. On top of that, I also saw a lot of people are making crazy predictions such as Bitcoin could to to $1000 and so on. Of course it is possible to happen but the way they use TA is funny, drawing lines here and there without any basis. Short-term trading might work but you have to be really fast. In the end, it's difficult if you don't understand the fundamentals too.


I do agree that big players must be more advanced in their trading strategy & tools, they can enter and quit at the right time, even in short time frame.

So what's new with this project? How will you guys compete with project like Muzika, Contents Deal and others? They have the same area of business like you did. If you don't start integrating your PDI, even though the supply is limited there is a possibility that you'll lose the competition.

Judging from the GitHub repo, I don't see anything new from ETCV. They just forked the code from ETH repo, and then that's that. At this moment, I believe ETCV will not worth anything. So many fake and scammy hardfork lately.

That's a cool site. It's pretty interesting to see how the graph of cryptocurrencies Twitter followers are similar to each other (assuming the data is correct). I think you can post this on project development, it's more approriate if you look for feedback and improvement on your project.

There is a country whose fiat systems failed and they switch to crypto: Venezuela. The bad news is, they don't use sound money (Bitcoin), but they create their own cryptocurrency which doesn't essentially remove the manipulation from the government. I tend to believe that if they choose to use Bitcoin as their market money, their disaster could be avoided. Just like when country use gold as the money, where money is a market good not something created out of debt.

Agree with this. I think until people realize the advantage of Bitcoin over fiat (in terms of supply manipulation), we won't see a massive adoption of Bitcoin. Bitcoin will probably stay as a store of value, fiat will be used for daily transactions as usual but their buying power will continue to decrease.

Nevertheless, I choose to believe that if Bitcoin stay for another decade, it will be a very solid store of value for a lot of people.

I wonder how big will the blockchain would be and what would be the consequences. Imagine that 1 person/land registration requires 100 kb, that means we need around 6 x 10^11 kb to store the blockchain.* The good news is, land registration/transaction doesn't happen very often, so the size won't increase day by day.

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* Do correct my math if I'm wrong here.

User: elda34b
Postion to Apply: Member
Posts Start: 224
Address: 1ELdAbbPQATMuN4xt2Ff7mpDt9EJoH4Z1H

All your your statements are just baseless assumptions. There is a lot of newbies who have ranked up, including me and others. I suggest you to spend more time reading on meta or other board (see your local board too, there is a thread about member who ranked up and get a lot of merits).

Use Google and everything you need to know will pop out. There's no need to ask here when there's a whitepaper for the project (I won't tell you where it is, just uses Google).


Source?

I assume this is your own project?

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I found several projects this year that definitely will use blockchain (or create a new model of blockchain), but most of them are still in test net or post-ICO. Still very early. You might want to check ShareRing, Unification, Udap, etc.

On second thought, I guess we won't have that much headache if we just invest what we can lose. Maybe 80% of projects at this moment will fail, but maybe not. I can't wait to see how will Altcoins recover in the next 1-2 years.

Correct. On top of that, existing banks can easily switch to support cryptocurrencies. The competition and adoption for cryptobank is insane if you start as a start-up such as ICO. Existing bank would have better opportunities to do that. Most of these cryptobank are the same afterall, providing debit card and etc.

History repeat itself. But there is also a story when the entire market is dead after a hard blow. At this time, reading post from Murad Mahmudov is really enjoyable. Give you a lot of insight about the future of Bitcoin (and indirectly altcoins, in terms of price and speculation).

I used to own some Litecoin back in the days, but right now half of my portfolio is Bitcoin, with some interesting alts that looks pretty solid next year. They'll rise again, I believe so.

They'll surely recover, following Bitcoin recovery. Just enjoy the ride, if you can't take the pain forget crypto for a while. See your portfolio later in 2020. Personally, bear market like this is very great to increase your ability to trade, pick an ICO and so on. I just make 3x profit (in ETH) from my previous ICO.

So in order to use this, we have to enable withdrawal API then? Isn't that a bit risky?
I'd prefer to see price difference only tbh, and do the trade manually. But well, I know you're making a bot here.