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141  Alternate cryptocurrencies / Altcoin Discussion / Re: Why DEX (Decentralized Exchange) still unpopular? on: June 17, 2019, 03:46:46 PM
Hi all traders!
Why you always using Centralized Exchange to trade Decentralized Asset?
Too many 'hacked' news or maybe "hacked by internal" at 2019, Cryptopia, Binance, Huobi, Etc.

Why traders still using Centralized Exchange?


Centralized Exchange

+ Huge Volume
+ Fast CS Response

- Less security
- Not your keys, not your coins
- Paid to list


Binance has launch Binance DEX but still have low volume and pair only for BNB (not BTC)
Well i believe people are still feel centralized exchange are suitable and good enough as long as its safe and couldnt be hacked. I do also think people still afraid to login with their own private key and many of them dont understand how decentralized exchange works.
142  Economy / Economics / Re: Does it helpful when blockchain integrated to government system? on: June 17, 2019, 03:11:13 PM
I do believe it would make the goverments become much better and increasing the transparancy in every aspect of financial. Goverment could use it to get more attention and more trust from their citizens cause i believe people are paying and the goverments is the one who manage the money. So Yes blockchain will make a good system for goverments financial.
143  Economy / Economics / Re: What's it like to live on crypto instead of Banks? on: June 16, 2019, 03:40:56 PM
Imagine living your life without depending on Banks ever again. Using only cryptocurrencies such as Bitcoin or Ethereum, you can make your own income stream and use the coins earned to buy stuff from merchants who accept them. Every day, cryptocurrencies have been going closer towards full mainstream adoption. However, there are still some things which prevent crypto from being used over traditional payment systems we've been accustomed to for a long time.

Nonetheless, what's it like to live only on crypto instead central-bank issued fiat money? Cheesy
well i do think we would exchange crypto like forex and i do think if we do really use crypto as the main way for payments i think the price of crypto will be much stablize. We also become a cashless society and transactions will be much faster with a barcode scan or something like that. But i do think we still need a good source of power to maintain the big transaction and seems like we are currently still searching for the solutions.
144  Economy / Economics / Re: Is cryptocurrency help to expand the world business? on: June 16, 2019, 01:51:24 PM
Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?
I think cryptocurrency do helping the businesses around the world, Cryptocurrency do make transactions cross country easier and trustable. Crypto also make a new job such as blockchain developer, bounty hunter, and many more.
145  Economy / Economics / Re: Cashless Economy: Is Society ready for transformation? on: June 16, 2019, 12:56:46 PM
Cashless India, the Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. “Faceless, Paperless, Cashless” is one of the professed roles of Digital India.
Lets discuss!!
Well i believe every inovation will takes time and we human will adjusted to the changes, so i do think eventhough we are not ready right now we are going to be okay when it comes. I do believe we are heading to cashless economy but still so many people not see as how we see it. If we talk about india i do think so many people are not ready and also they lack the goverment support in cryptocurrency. So i do think it will be hard to make india to use cryptocurrency for transactions cause there is no support and i do think it means lack of education for their citizens.
146  Bitcoin / Bitcoin Discussion / Re: big banks going against crypto on: June 11, 2019, 06:25:27 PM
FinTech banks are disrupting traditional banks, but what if you want to move your money into a cryptocurrency asset? If you sweep your funds into a cryptocurrency account, what cryptocurrency are you going to use to hold your funds?
well i would choose coins that have a high liquidity such as eth, bitcoin and ltc. But if your purpose to only hold and you are afraid with the fluctuation tether might be a good option to consider
147  Alternate cryptocurrencies / Altcoin Discussion / Re: Cardano will destroy Ethereum! on: June 11, 2019, 04:13:21 PM
I like Ada but not to the level of thinking ada can destroy ethereum. Ada is yet to have a total fictional platform and ethereum can boast of that already. Ada platform will be awesome but it can't destroy ethereum

yes i do agree that cardano is great project and many people compare it to ethereum and also the creator of cardano are ex ethereum member which i think they know what ethereum is and could do better than eth, but still i do think eth has already used by many company and already running so many dapps, so i do think in real use cases eth still far better than cardano but who knows in future, there is still a chance for cardano to be able to defeat ethereum in future like apple destroying nokia.
148  Alternate cryptocurrencies / Altcoin Discussion / Re: What project did you get your first bounty payment from?? on: June 11, 2019, 03:30:53 PM
What project did you get your first bounty payment from??

Mine was authorship.. a total of $300

What about yours??
well i do remember it very clearly, the project name is aventus which is the bounty that i join in mid 2017. They do had a success ico that sold out in few hours and its my first payments that are worthed. I do think i got $200-300 that time.
149  Economy / Economics / Re: What’s the SINGLE most valuable benefit for you in Bitcoin and why? on: June 11, 2019, 02:50:11 PM
You should at least add up on the poll;

-Benefit on making money online

I do highly believe that most people would really choose this up yet Btc do benefit most people here on this market
on making money excluding into its main purpose which is p2p transactions.

Yes im agree, i do think bitcoin makes me earn money by doing trading and also bounty. So i think bitcoin is very valuable as the center of cryptocurrency and also as a breakthrough of technology.
150  Economy / Economics / Re: Problems In Chinas Economy & Escalating Trade War Will Cause Large Bitcoin Rally on: June 11, 2019, 02:17:07 PM

Jason talks about how China's economy getting worse plus the US vs China trade war escalating means that many CCP elites in China and rich Chinese businessmen are getting around capital controls and getting their savings out via Bitcoin.


Click here to watch this video and to read more:

https://goldsilvernews.blogspot.com/2019/05/problems-in-chinas-economy-escalating.html

I do think dollar might lose control and his position caused by the trade war and there is a lot of rumor such as rusia are about convert all the dollar into bitcoin. I do think amerika will lose the trade war against china and the trade war only make bad impact to their economy.
151  Economy / Economics / Re: Italy just figured out that the country doesn't fully control its gold on: June 10, 2019, 04:36:22 PM
Quote
No private keys, Not your coins!


Given that the national central banks are subordinated to the ECB, 2 Italians MPs asked the ECB on the legal status of gold reserves in the euro area states. Guess what? The ECB confirmed its authority!

Quote
"The ECB must approve any operation concerning the remaining reserves within the national central banks (...) as well as Member States' transactions with their foreign reserve balances above a certain amount"

So Italy may be the owner but they can't do whatever they want with!
well thats how EU  works and as part of the eu youhave to obey the rules and i do think those rules are made for the best of the eu member.
This is very serious, you own an asset that can make you feel good and financially free and yet you have no power to decide what to do and when to use it. This is somehow embarrassing to the state of Italy. Well the government of Italy may want to consider investment in bitcoin. 
i do think bitcoin has a great potential but i dont think eu will allow you to sell your gold to buy bitcoin. Bitcoin still so volatile and its not good to invest nation reserve to something that unpredicted and still have a legal issue in other countries.
152  Alternate cryptocurrencies / Altcoin Discussion / Re: 3 Coins To Watch For June 2019 on: June 10, 2019, 01:11:38 PM
EOS
Noted as one of the many Ethereum killers, EOS focuses on decentralized apps (dApps). EOS aims for commercial-scale dApps, dubbing itself the most powerful infrastructure for the development and execution of these dApps. Alongside this, EOS aims to one-up Ethereum by solving several bottlenecks such as scalability and speed.

Block.One - EOS' parent company - even got in on the hype, revealing a little more about the announcement, suggesting that it would take place on June 1st, at the B1 event in Washington DC.

NEO
Keeping with the theme of Ethereum killers, NEO was Inspired by ETH's desire to create a platform upon which any number of blockchain-based applications could be built, NEOs founders, Da Hongfei and Erik Zhang took Ethereum fundamentals and fine-tuned them in order to resonate with a wider demographic of developers.

NEO announced the plans to update its network just a few days ago setting the date of June 3rd for an upgrade to its mainnet which included an optimized Delegated Byzantine Fault Tolerance (dBFT) 2.0.

Binance Coin (BNB)
The native cryptocurrency of the worlds largest cryptocurrency exchange Binance; utilized as an alternative method for paying fees within trading transactions, BNB has seen a monumental rise in 2019 citing gains upwards of 420%, around 50% of which were acquired in May alone.  

Binance continues to build, day in day out, and along with this constant work effort, managed to continue to find new use cases for BNB. Binance boss Changpeng "CZ' Zhao recently apologized to his 365k followers for what he deemed to be "spammy" behavior following some sustained BNB shilling.
These are the 3 coins to watch for June 2019 - Cryptocurrency
Well you should add cardano cause i believe cardano will have a good perfomance in blockchain technology and will make the price rise, I do also consider ripple and XLM in my investments, both of this coin hold so many big client in financial sectors which i think both of this coin have a big role in cross border transactions.
153  Economy / Economics / Re: harmonization of fiat and crypto on: June 10, 2019, 11:19:55 AM
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
I do agree, but i do think fiat will be replaced by digital money. I believe it will and will happen in future, the only questions is how many years it will be?. I do believe fiat is only a paper that considered as currency and i do think we could think the same way for cryptocurrency as a currency, we just need a good coin that are usefull and backed by goverments which is stable and act as good as the fiat that we hold right now.
154  Economy / Economics / Re: Will 2019 take us to Moon or Mars? on: June 10, 2019, 08:59:43 AM
Moon or Mars is not important, the most important thing is that prices are able to rise again and slowly recovery is taking place now which proves that if the cryptocurrency market is able to reach the peak in the future and development with a lot of adoption it is a good prospect for long time

I am agree with you, if we keep bitcoin for long term, i think we will ignore when to the moon or mars. Bitcoin or crypto price always volatile but i am believe bitcoin is profitable investment for long term. After the price fall in 2018, i am believe 2019 will be a good year for bitcoin or cryptomarket
Yes, you're right. this year there has been seen a rise in bitcoin prices on the crypto market. I think prices will continue to rise until the end of the year.
yes i do think investing in bitcoin is really great and the next year bitcoin halfing will sure make bitcoin more valuable, i do also think market are growing right now and we are at state of recovery. I do believe we might see atleast $10k at the end of this year.
155  Economy / Economics / Re: Do you need cash for everyday use? on: June 09, 2019, 05:15:15 PM
Live without fiat?
Obviously, for now, it's not possible as mass adoption of cryptocurrency is still in the early stage.
But as time proceeds day by day many will be thinking about accepting cryptocurrency as payment for their business and services by which will be the reason us to live without fiat and start living using cryptocurrency to get our needs.


yes, i dont think i could live without fiat. I do believe we still in very far away from that future where no more fiat and all transactions goes digital. I do also think crypto are not really welcome in my country so yes i do need fiat to live my life and crypto payment are not available in my country.
156  Bitcoin / Bitcoin Discussion / Re: Btc has no value on: June 09, 2019, 04:22:16 PM
Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.

If we think this way then we should be only exchanging goods like gold, stones, weapons, food.

BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.

When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.
well people need to learn what currency is, bitcoin indeed could be called currency and i do think bitcoin could become the leading currency in future, but i do think it will take a lot of time until will be in that era. But right now all that matters is bitcoin technology which will helping people in many area.
157  Bitcoin / Bitcoin Discussion / Re: Breaking News! Third world nation bans BTC. 10 years in jail for holding crypto on: June 09, 2019, 03:46:43 PM
India has decided to completely ban the possession, sale and purchase of Bitcoin or any other form of crypto-currency.

According to the mainstream media, the measures will be implemented this month, with a 90-day waiting period. Anyone who don't "dispose off" their crypto holding within this time period will be charged with non-bailable criminal offenses, which can be punished by up to 10 years in jail.

What makes this measure different from others is that while countries such as Nepal and Bangladesh have arrested random individuals for trading in cryptocurrency (or for exchanging crypto for fiat), none of the authorities anywhere in the world have arrested users just for the possession of crypto-currency.

There are an estimated 100,000 crypto-traders in India, and there are another 5,000,000 individuals who have dealt with crypto at some point of time.

Sources:

https://www.bloombergquint.com/bq-blue-exclusive/exclusive-india-proposes-10-year-jail-for-cryptocurrency-use-may-introduce-its-own-digital-currency
https://www.moneycontrol.com/news/business/cryptocurrency/10-year-jail-for-buying-selling-cryptocurrency-in-india-report-4073451.html
https://entrackr.com/2019/06/crypto-users-india-may-face-10-year-jail-term/
https://www.ccn.com/bitcoin-india-anti-crypto-bill-imprisonment
https://www.fxstreet.com/cryptocurrencies/news/indias-crypto-ban-draft-bill-suggests-10-year-jail-term-for-those-dealing-in-cryptocurrencies-201906071050

Its quiet serious condition there in india. You will be jailed just because you have a bitcoin and i do hear its really hard to cash out your cryptocurrency into fiat money in india right now.
A condition that is not favorable for crypto owners, and if such regulations are really implemented in your country it is better to sell than to have to deal with the law.
Yes i believe many people in india are thought to sell all their cryptocurrency cause the regulations, i dont know why goverments i so afraid with it, and i dont think india have such a great influence in world economy, maybe they are afraid that some parties would use bitcoin to do fraud and hidden transactions that not suppose to happen.
158  Economy / Economics / Re: Decentralized Economy: What is it for? on: June 09, 2019, 03:11:43 PM
Quote
I think that there should be a clear distinction made between a decentralised economy, and a decentralised currency supply.

That's right.Decentralized economy means a totally free market without any government control and cartells or monopoly(which almost impossible to happen in the real world).
Decentralized currency supply means a supply of currency that is free from government/human control and serves the needs of the markets(that's my definition,it's might not be accurate).

Yet i do still think the market still can be manipulate by some parties and rich people will still be in control. I do think it will be hard to make a decentralized economy. Economy still not equal for each country and super power country control all the economy and i do think there is no way to stop them from do it, especially china which is really great country in export.
159  Alternate cryptocurrencies / Altcoin Discussion / Re: Reasons why ICOs fail on: June 09, 2019, 12:23:28 PM
There are many ICOs out there, but more than 50% of them fail.
From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.
Well i dont think being too complicated is a problem, i believe bitcoin are complicate if im not wrong, but still you would learn about it if you want to invest on it, i believe this case is not a problem cause people that love to learn will learn it no matter what as long as its interest. I do agree that ICO started to lack of creativity and its just like copying one to another ICO and i do think the fraud is also the problem why the ICO fail, there is a lot of ICO that success but end up to be scam project and this is the big problem in investing in ICO, the investors are lack of protection and we still lack of regulations to protect investors, i do believe this is the reasons why SEC and some countries are banning the ICO.
160  Alternate cryptocurrencies / Altcoin Discussion / Re: STO vs ICO - security on: June 08, 2019, 05:12:11 PM
Hi,

I've compared a few ICOs and STOs.

In my opinion, they are nothing different when it comes to security.

What do you think?


Well i do think STO is more like stock and also they do need legal from their country. I do think STO will come out pretty much in 2019 which i think ICO are already dead and if institutions want to enter crypto world STO is the best to fund money and the best way offer to investors. I do hear that coin from STO is only act as stock and cant be act as token.
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