I am no expert, but it seems the situation has changed in Switzerland due to new regulations pertaining to ICOs (Source: https://news.bitcoin.com/swiss-regulations-are-driving-icos-away/). The Co-Founder of Railto.AI, Uros Stoisavljevic, is of the opinion that countries and/or nations such as Malta, Delaware, Gibraltar and Liechtenstein are doing the most to support a crypto financial ecosystem. He is especially positive about Malta (Source: https://medium.com/rialto-ai/rialto-ai-platform-features-in-development-378ae1be8c9e). Another crypto friendly jurisdiction seems to be the Seychelles. This is due to their favorable regulations when it comes to trading and investment. E.g. no foreign exchange controls, they also allow for bearer-holdings in terms of the way funds are structured (no KYC required), etc. |
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Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
The original Bitcoin was destroyed via the Segwit hack and its attempt to scale off the Bitcoin system on the Lightning Network (LN). Lucky for us the real Bitcoin was revived in the form of Bitcoin Cash (BCH) - peer-to-peer electronic cash that scales on the Bitcoin system. It has a strong use case and don't have to be used solely as a "speculative asset." |
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Yes, you are right.
But I'm thinking btc's demise will happen later than sooner.
The entire crypto market is still very young and very much dependent on btc.
I see this continuing throughout this year.
We still have a lot of intitutional players that want to jump in this year and still, the only way to do it is through btc.
ETH is getting there, but still not nearly as accessible.
As the market matures, naturally btc will be replaced and become irrelevant tech.
After all, it is 8 years old.
Imagine still using a smartphone that is 8 years old, 8 years in tech years is like 50 years in real life.
Right on, but I can't agree with this: "the only way to do it is through btc." There are many other options available. |
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btc is the king of all coins so if you say goodbye btc, I think you are in a hurry, because if btc ends, allcoin will also end
Yes, it will most likely have a huge impact on prices - and the market might take long to recover, but it will not be the end of all altcoins, especially those with products to show (e.g. Veritaseum, Populous, etc.). Most cryptos are not cryptocurrencies, but tokens that can be used to unlock multiple, blockchain-based use cases regardless of the prices. The use cases are wide and extensive - way beyond the 'store of value' the Segwit + LN hack are aiming for - completely contrary to what Bitcoin is supposed to be, namely peer-to-peer, electronic cash. Luckily Bitcoin Cash (BCH) is going to replace BTC as the real Bitcoin before long (2019-2020). Well, reckon I should have sold at 9900, damn vacations. With that said, I refuse to sell until it's atleast back at 9k. To all of you other folks panic selling, have fun taking the losses. Edit: for those of you HOPING that bitcoin crashes, you're working against bitcoin. You wont see adoption from businesses until it's somewhat stable. As a business owner, drops like these hurt pretty badly if I'm not exchanging for fiat on a regular basis. I agree with you. There is no need to panic sell. There is of course no guarantees, but personally I expect it go beyond the 20k mark before or by the end of the year - at a minimum, there should be plenty of time to get out beyond the 10k mark and/or to make the big switch from BTC to BCH. That being said, what do you think of Bitcoin Cash (BCH) from a business owner's perspective? In addition, did you know that it is possible to accept cryptocurrencies for your products/services without taking any currency risk in terms of those currencies? You can then still hold cryptos as part of your personal portfolio, but don't have to be exposed to currencies you don't really wish to hold. Balance is key of course. |
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btc is the king of all coins so if you say goodbye btc, I think you are in a hurry, because if btc ends, allcoin will also end
Yes, it will most likely have a huge impact on prices - and the market might take long to recover, but it will not be the end of all altcoins, especially those with products to show (e.g. Veritaseum, Populous, etc.). Most cryptos are not cryptocurrencies, but tokens that can be used to unlock multiple, blockchain-based use cases regardless of the prices listed on the various markets. The use cases are wide and extensive - way beyond the 'store of value' the Segwit + LN hack are aiming for - completely contrary to what Bitcoin is supposed to be, namely peer-to-peer, electronic cash. Luckily Bitcoin Cash (BCH) is going to replace BTC as the real Bitcoin before long (2019-2020). |
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I personally like bitcoin. He's the first one. If the transactions were cheaper, it would be generally excellent.
Which one is representing the first one at this stage as the original Bitcoin was destroyed via the Segwit hack that stole its name?  P.S. Bitcoin Cash (BCH) is the real Bitcoin at this stage with cheap, fast transactions (0-conf). |
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What make bitcoins different from all other cryptocurrencies of the past?
If you refer to BTC, then I would say market dominance and a strong network effect - although it is on a declining trend due to a deliberate attempt to prevent it from scaling on the Bitcoin system. They had to destroy it by bringing in Segwit and push for scaling off the Bitcoin system via the Lightning Network (LN). In effect, bringing something into play that will at the end of the day be like the existing fiat-based monetary system on the blockchain controlled and owned by the same people who started that Ponzi scheme. It is predicted that BTC, in reference to "Bitcoin Core", will be at $0 come 2019-2020. Not by accident, but by design. Bitcoin was originally created and designed to serve the masses - not a powerful few. This is why the real Bitcoin at this stage, namely Bitcoin Cash (BCH), is expected to prevail at the end of the day. That being said, there are various other cryptocurrencies that can come out at the top. Competition is good as long as the masses benefit at the end of the day. P.S. "Bitcoin" IOUs offered via LN should not be confused with real Bitcoins. |
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Bitcoin is old, outdated, slow and uses too much energy. The price will soon be brought down to a level where miners will abandon it. Prices will continue to be kept lower due to CME futures.
Perhaps BTC, but not the real Bitcoin. P.S. Yup, many welcomed CME Futures while I also saw it for what it is: The ticket to unrestricted market manipulation |
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Ok so some people are waiting for an opportunity to buy; they wait until they see what they think is a good enough dip; then they buy some crypto/ bitcoin; price starts to go up and they start being in profit; then the price starts going down, and down a bit more and eventually gets back to the price they bought at. Then, and here is the thing, the price goes below the price they bought at. Then it goes done some more. And then maybe some more. Then, those people sell their bitcoin/ crypto. Then they come on here and start spreading FUD. Then the price goes up. Then it goes up some more. Then it goes above the price they originally bought at! Then it goes up some more. Then they come back on here spreading more FUD because they personally lost out. But other people are making money from the same bitcoin/ crypto - they just did NOT have the patience and understanding to see it through. Nobody's fault but their's. Yet they think spreading FUD because they made the wrong decision is somehow bitcoin's fault. Sound familiar? Go figure.
DISCLAIMER: I am not saying you should buy or sell bitcoin or any other crypto. I don't know if prices will go up or down. Past performance is not a guide to future performance. If you need to speak to a professional adviser then they may give you some assistance. I am not a professional adviser. I don't know anything.
This is why it is predominantly a wealth transfer from the impatient to the patient. Nobody wants to be a bag holder, but apply dollar cost averaging by acquiring quality tokens at a fixed dollar amount (or your local currency) in frequent intervals. See it as flushing money down the toilet and forget about it. You might be pleasantly surprised at the end of the day (or kick yourself for hodling!) when you see what you've achieved with a flush-down-the-toilet strategy.  |
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I see many exchanges in the market now.
Which exchanges are you mostly trusted?
It is difficult to say, because things change pretty fast. E.g. https://twitter.com/Blockchainlife/status/1002129888328015872That being said, the one I personally find most trustworthy at this stage is Binance. Despite that, I don't use exchanges to store tokens. I get in, trade and then get out again.  |
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A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ per coin, but i decided to sell a couple of days after.
Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
I can assure you most of us have similar 'horror' stories to share. It is part of earning your stripes in this space. This is why I always try to hold a healthy selection of tokens in terms of each project I get involved in - just in case the moon looms. |
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We are making project - Dream Cloud. And we are wondering what do people usually dream about?  If you could ask for anything that can be bought, what would it be? What is your most cherished desire?  haha It might come over as cheeky, but I would love to own an island of my own, a yacht and a private jet. And a castle on the island for my princess and all my kids. |
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The billionaire and pioneer of cyber security John McAfee is already well known in the world of blockchain for his thundering predictions, including the one saying Bitcoin has to $500 000 in the next three years, John added that he sees EOS stakes at $36 by the end of July.
Price predictions are normally dangerous, especially if it drives the price of a token instead of fundamentals. That being said, if all goes smoothly with the launch of the EOS main net or they manage to fix security issues fast without losses to token holders, then $36 might actually be part of the lower price range come the end of July. Why do I say this? I got into EOS at 50 cents and got out at $19 - 38x. It only needs to do 3x to move from current price levels to $36. Then again, it could go to zero. This is why it is important never to get more money involved than you're willing to lose. |
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Hello everyone,
Can you guys recommend me Universities that run Masters program relate with blockchain and cryptocurrency.
Preferably in European countries.
Personally I would contact Chris Coney of Cryptoversity.com and ask him. He will point you in the right direction. |
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