Cryptocurrency is not inherently a debt instrument and cannot simply be "printed" or issued past its limit.
Debt doesn't depend on printing - it depends on fractional reserve lending. And of course you can lend without fractional reserves if you want - just lend what you have deposited, rather than a multiple of deposits as in the banking system.
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Germany and France are anti bitcoin. http://www.telegraph.co.uk/technology/2018/02/09/france-germany-demand-bitcoin-clampdown/They are even calling for a cooperative regulation among countries. They are the most vocal among the EU countries but I don't think that other nation will listen to them. I guess this is going to be a long war. But we all know that bitcoin is unstoppable at this point, If you are going to go against it. Then you will be left out. And I'm sure that even though that their might be some EU countries that will ban it, their citizens will find a way to engaged themselves in trade or investment. Yes - but places outside the EU like Switzerland, and soon, the UK, are in favour of bitcoin, and the EU will start to fall behind in yet another tech area if they give into French and German demands. Lets wait and see if the other EU members push back at France and Germany.
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Bitcoincash might not be processing many transactions - but Ethereum certainly is. In the last 24 hours, transactions were as follows: Bitcoin: 162,213 Ethereum: 763,340 Ripple: 908,938 Litecoin: 75,274 The info comes from the following site: https://bitinfocharts.com/Scaling is happening - but it's happening outside bitcoin. And Ethereum's market cap is catching up to Bitcoin too. If bitcoin doesn't solve it's merchant adoption problem, the flippening will happen.
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Here is a list of Mastercard bitcoin debit cards: http://www.bestbitcoincard.com/mastercard/As always do your own research. Search google for scams and problems with these cards before you sign up, and make sure you read up on all the fees in advance.
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Are you think of potential in terms of the technical merits of the coin? Or are you thinking of a potenial in a price rise?
If it is the second, then concentrate on coins that have built a community and is marketing itself well.
The reason why Ethereum is more successful than Bitshares (which also does smart contracts) is because Ether marketed itself brilliantly during the period when Mike Hearn resigned from bitcoin and BTC was having lots of internal difficulties. They even managed to get a positive article written about them in the New York Times in 2015.
Ether's success is more down to the marketing than to technical merit.
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Within this past few days i made so many wrong decision on trading. I predicted wrong, or i haven't maximize my Buy in and Out. This make me lose confidence on my skills. what keep your passion on trading and continue more?
Take a break for a couple of weeks to clear your head. Then when you try again, try with a reduced stash, and practice rigid risk management -that is, only risk 1/10th of your stash on any given trade. That way you arn't wiped out if you make a mistake (and mistakes are inevitable, no-one gets it 100% right).
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And when it doesn't happen? What will he say then?
Perhaps he'll move the date to later this year to save his face and will continue to be firm in his stance. But one article he wrote says: "I myself have argued that blockchain technology has a bright future, even though I believe bitcoin does not. The bottom line is don’t invest in cryptocoins ( with a few exceptions), but invest in blockchain technology instead." So he actually contradicted himself there. He not only contradicted himself, but as Giancarlo told the US Senate, it's impossible to have blockchain technology without cryptocurrency, because the purpose of the blockchain is to move coins and record cryptocurrency transactions.
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Here are some more:
The Flippening: which will happen when an alt overtakes Bitcoin in Market Cap. At the moment it looks like Ethereum might do this in the next couple of years
The Cashening: this was the attempt by Bitcoin Cash to overtake Bitcoin. So far this project has stalled.
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SBI Group Subsidiary Commences Bitcoin Cash Mining Operation https://themerkle.com/sbi-group-subsidiary-commences-bitcoin-cash-mining-operation/Most people in the cryptocurrency world have heard of SBI Group by now. It is one of Japan’s premier financial conglomerates, and they are involved in everything from asset management to biotech. Adding cryptocurrency mining to their repertoire makes a lot of sense on paper, even though it remains to be seen how this will play out in the coming weeks and months.
The company has set up a subsidiary known as SBI Crypto. This cryptocurrency-oriented arm of the company will focus on mining cryptocurrencies and potentially other ventures as well. As part of its first public mining venture, the company mined a few blocks on the Bitcoin Cash network. Although it only happened a few times, this does indicate the Japanese conglomerate is prepared to work with Bitcoin Cash rather than Bitcoin itself.
Unsurprisingly, they decided to join one of the larger Bitcoin Cash mining pools for this venture. All of the blocks mined and processed by SBI Crypto were signed “SBI Crypto” in the coinbase string. This legitimizes the mining operation as a whole, although no one knows the full extent of this venture as of right now.
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Is litecoin cash on any exchanges yet? It's getting quite a lot of negative press. See the following article: https://www.slashgear.com/litecoin-cash-beware-todays-free-coins-16519886/As I wrote back on Valentine’s Day, I believe Litecoin Cash is a scam. Not one single major exchange has announced support for Litecoin Cash, and the creators of this coin suggest that users will only get said coin if they use their Litecoin Cash wallet What do the develpers think about that?
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Bitcoin: $1260/BTC Gold: $1241/xau Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
In April 2017, when the bitcoin price overtook the gold price, a Gold Fund started investing in bitcoin: https://www.cnbc.com/2017/11/24/a-gold-fund-is-investing-in-bitcoin.htmlBasically they put 5% of their fund into bitcoin, and to keep the investment at 5%, they sell when the bitcoin element exceeds that amount, and reinvest in gold. It's been profitable for them.
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Some info on the Monero hard fork: https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.htmlwe strongly believe that it's beneficial to preserve our ASIC resistance. Therefore, we will perform an emergency hard fork to curb any potential threat from ASICs if needed. Furthermore, in order to maintain its goal of decentralization and to provide a deterrent for ASIC development and to protect against unknown or undetectable ASIC development, the Monero team proposes modifying the Cryptonight PoW hash every scheduled fork, twice a year. The modifications will be light, and should not change performance profiles much. The first change is now being tested, and will happen in the coming March fork. Finally, we will continue to research alternative Proof of Work functions that may provide better ASIC resistance than Cryptonight.
Patches will be available for the following software: zone117x's pool, Snipa's pool, Lucas Jones' CPU miner, wolf0's CPU miner, ccminer-cryptonight, sgminer-gm, xmr-stak, xmrig-nvidia, wolf-xmr-miner.
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Bitcoin cash is a legit fork of Bitcoin, with a different model about how to attract transaction volume. They have every right to seek merchant adoption, and if they pump, why should you care?
Bitcoin harmed itself last year when it said No to segwit2x - as a result lots of merchants dumped it as a payment method. Other alts including bitcoincash are going to try to fill the void. What did you expect?
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Minimum listing fees for exchanges are 0.2 BTC and Maximum fees are 4 BTC
Top exchanges are not charging any fees, only small exchanges are charging fees.
That's wrong. The top exchanges charge eyewatering fees. To get listed on Poloniex costs at least 5 bitcoins.
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I was thinking the other day, of the eventuality of inheritance and cryptos.
We are all busy trading and hoarding as many coins as we can in the hope to be self sufficient later on down the road, but we should remember to have a plan to share the details, or all could be in vein.
Should there not be a mechanism allowing the inheritance of coins which have not be transferred during life to ones loved one? If someone is to pass and not provide the access to their wallets these coins are forever lost.
Food for thought.
I think there might have been similar threads around, but I can't find it. This has been a ongoing debate, but for me, its your responsibility on how you plan your cryptos for the future specially as an inheritance. Some says that they write it down, everything. Including private keys and passwords in case something bad has happen to us. But I don't like to have a (automatic?)mechanism. It should be really up to the person on how he/she is going to transfer it. Personally, I haven't done anything to that effect, but I'm sure my wife will find everything on my laptop. She knows every password that I used and all about my bitcoin activity (trading / investing). Just saying. You can always place a sealed envelope with your lawyers, with instructions that it is only to be opened on your death by your heirs. The trouble with people saying "well my wife knows all my passwords" - what if she dies at the same time as you? How would your children access the coins then?
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Africa's biggest cryptocurrency exchange is located in South Africa: http://money.cnn.com/2018/02/14/technology/bitcoin-luno-billion-users/index.htmlLuno, founded in South Africa in 2013, has plans to become one of the leading cryptocurrency traders in the world.
The company is planning to grow its team of 70 employees to 300 over the next six months.
Swanepoel, a former investment banker, say Luno was the first company in Africa to offer cryptocurrency trading.
It has enjoyed runaway growth since then, and now has 1.5 million customers in 40 countries, mostly emerging markets. I.5 million customers is not bad.
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https://www.trustnodes.com/2018/02/17/polands-central-bank-secretly-paid-youtubers-slander-cryptosA Polish Youtuber, with around one million subscribers, was paid circa $30,000 by the Central Bank of Poland, in collaboration with the Polish Financial Supervision Authority, to portray cryptocurrencies in a negative light without disclosing the payment in the video.
Marcin Dubiel, whose video “I lost all my money” has half a million views, portrays cryptocurrencies as a way to get rich quick, to only find out he had no money to pay for a date at a restaurant and was generally left penniless due to cryptocurrency investments.
The video’s description contains the hashtag #uważajnakryptowaluty, a website by Poland’s Central Bank and FCA which portrays digital currencies as risky, having no guarantee, and not classified as electronic money.
The Central Bank of Poland has admitted that “it carried out a campaign on the issue of virtual currencies in social media,” without providing any further comment on the matter.
Nor do they explain why their paid advertising was undisclosed in the video by Marcin Dubiel, who is just one among others who received such payments, including Planeta Faktów, a Youtube channel with 1.5 million subscribers.
Poland’s lack of access, in general, to English language information might make them especially susceptible to such propaganda Lots of these former communist states are paranoid about maintaining control. Luckily the west is still open to new ideas.
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Looking at the chart since the peak in Dec 17, there is high volume around the last dip low, suggesting that it was the bottom for the downtrend. There are also some large green bars over the last few days which shows some of 'whales' purchases. The blue line on the volume is a 20 day moving average and it is at the highest point since the peak. It appears that Feb 6th may have been the low for 2018. (As mentioned before) That's some fine analysis - looks like Bitcoin tried and failed to break out of the downward channel last night. I expect it will make another attempt today.
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how do you think about cryptocurrency which adopt lending system?
There have been a few peer-to-peer bitcoin lending systems, but they got over-run with scammers. The only lending system that works at the moment is the one on Poloniex (because Poloniex liquidates loans if the borrower doesn't pay their margin).
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An artist called Ludo, who does graffiti art has done an artwork in Paris: More in the following link: http://thisisludo.com/category/news/I wonder if all the Occupy protestors and anarchists will now get into Bitcoin and cryptocurrency...
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