If you're talking about airdrops and ICOs, I would definitely not recommend giving out your KYC information. Who knows that those projects would do with your information? I know there are reputable ICOs and airdrops out there, but I personally wouldn't take the risk. If you're talking about KYC for exchanges though, I'd probably consider it, but it still completely depends on how bad I need the service and if there aren't decent alternatives. Kyc is important to identify our details.The main purpose of KYC solutions is to prevent unqualified people using a service that they are not authorised to use. Examples of such people could include minors, undocumented immigrants and people with criminal histories.
This, and also to prevent people from taking advantage of airdrops and such. |
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Maaan these panic seller are living on another planet  I love them cuz of 2 reasons: 1) They are not mature enough to be in the crypto world 2) All the cheap BTC that they are selling, lands in the pockets of the more experienced traders  funny stuff What if I told you that some of the "panic sellers" that sold BTC when it dropped from 19k to 15k could now get BTC at 1/3rd the price?  |
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Also, Andreas isn't very optimistic about "enterprise blockchain". Many businesses are now looking at blockchain as the future data storage while Andreas thinks they are merely looking at a "slow and expensive database". He thinks that centralized blockchain is...well he didn't say stupid.. but he implied something of that sort.
Honestly, I'm not so sure about that in particular but I don't buy what these new blockchain companies are shilling either. I'm kinda caught in the middle. What do you guys think of enterprise blockchain? or centralized blockchain?
Andreas probably thinks that simply because having a centralized blockchain is kinda counter intuitive(as one of the best potential characteristics of a blockchain is decentralization). I don't know if I fully agree with that though, as I think centralized systems could also take advantage of the security aspect of blockchain, regardless if it's centralized or decentralized. |
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I'm not completely sure about bots, but it's probably more of account farmers(people with 5+ accounts) than bots that they're trying to prevent from joining their bounty campaign. While I really don't like KYC at all, that's probably one effective way for them to prevent people with lots of accounts joining their campaign.
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now for the serious message. stop looking at the drama distraction and concentrate vet, review and hold those that can change core to account.
Yeah this, I wish the community of both sides(not only BCH) would just stop throwing tantrums at each other and actually focus all their attention on development and doing something that could benefit the ecosystem instead. Some of the people on Reddit r/bitcoin and r/btc and Twitter are just something else. |
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I guess there's a good chance 'controversial' may be subjective here. However, it needs to be noted that a lot of crypto influencer's views are taken lightly since a lot of then are just shillers or people who think they know too much and keep running their mouth. When Andreas talks, people listen carefully. And that magnifies the controversy of his statements. When he says "ICOs that do these are wasting their time" that isn't something you can easily ignore especially if you are an ICO investor or an ICO startup.
I recommend you watch the whole video. The part about ripple was badass.
Well, you're right. It's definitely subjective, and that it completely depends on the views of the reader/listener. Personally though, only a very small number of his statements are statements I don't quite agree with. One example is something he said about the next generation not needing drivers because everyone would be using self driving cars or something(I don't remember the exact quote). I don't disagree, but I think it's quite farfetched. On most of his statements regarding ICOs and other stuff though, I mostly agree with; even though I'm personally not a bitcoin maximalist myself(though still highly bullish on BTC compared to other coins/tokens). |
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maybe, these 2 brothers can finally help crypto market instead of killing price by facing rejection on their ETF proposal once ever few weeks
the news is being spread in a way that newbies might think a Savior is coming to crypto world now
i hope this one doesn't end up like USDT or TUSD which were accused of being the reason for many market manipulations before
ETF rejection does nothing to the market. USDT is fine as long I can buy ramen noodles daily with my PTC earnings clicking all days long high paying ads $0.001 on neobux The first ETF rejectionpostponement we had actually had a decent hit on the market. The prices took a significant drop(if I remember correctly, around 10%). Though the following ETF decisions had little to no effect to the markets as people realize how ETF's aren't really necessary. |
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To be honest, every time I read something like "THANK YOU PANIC SELLERS," I get the impression that the OP is just trying to talk themselves into HODL'ing.
Or, worse yet, they are covering the fact that they secretly hate others for selling and driving the price down.
The bigger concern here should be that people care more about what others do in crypto than they do about the underlying "fundamentals" of the asset. That's the actual cause for concern here...
Well, like it or not for most people, one of the main reasons the "HODL" mentality is heavily being suggested to people is because the more people that are holding the more bitcoin are being out of the market; hence further increasing the scarcity. |
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That's a long ass intro.
Also, I've only watched a short portion of the video(as it's 25 minutes long), but I don't think some or most of Andreas' statements are controversial at all. I'm pretty sure most of the people in the cryptocurrency space agrees on most of the statements of Andreas.
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The panic sellers are actually frustrating the entire market because of their fearful sell decisions. They need to be well informed about the Crypto market dynamics.
Like I said on my previous reply in this post, a fearful decision isn't always a bad decision. While I mostly don't suggest making emotional market decisions, sometimes a fearful decision can actually help you more in terms of losing less. Though this completely depends if your decision was right or wrong. |
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"OKEx Founder Star Xu Arrested by Shanghai Police"
Correct me if I'm wrong, but isn't this click bait? Along with other articles. Isn't being brought in for questioning different from being arrested? Because based on some articles I've read, I'm pretty sure he was just brought in for questioning.
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We could see the fights between BTC and BCH community members accusing each other's coin and spreading negative thoughts about the crypto market itself as a whole.Each coin dev as well as its supporters wants to show the other coin down.It makes people who wish to enter crypto loose their faith in cryptos and stay back.
Come on guys,even if we wish or not we all are sailing in the same crypto environment boat.Don't accuse each other or else we all have to sink one day or another.
Isn't this a bit like saying that people won't use computers because of the rivalry between Apple and Microsoft? Pretty much, minus the trashtalking from both sides' communities. Just like with Apple and Microsoft, I assume people are just going to use which coins(even outside of BTC and BCH) they want and which they think works better. |
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Nah. Let them be. Competition is very good in this ecosystem for both sides(and other coins/tokens) to step up their game. Though I really don't like the name calling and the misinformation on both sides(Roger Ver FU meme and bitcoin.com listing BTC as bitcoin core which is not factual regardless if you're for big blocks or small blocks). May the best coin(s) win. BCH were foolish in the past when they attacked Bitcoin's vulnerability to try and steal market share. What Ver neglected to realise is that in harming bitcoin they also harm bitcoin cash because bitcoin leads the direction of the whole cryptocurrency market.
Can you be specific on what "vulnerability" you're talking about that BCH "attacked"? |
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Bitcoin could potentially be really big but first we need to overcome certain drawbacks such as security and efficiency. Unless these 2 topics are addressed BTC will never be bigger than any banks.
Can you be specific on the security aspect? I'm pretty sure bitcoin is one of the most secure(if not the most secure) networks in current existence. The issue is more on user interface/experience in my opinion. Using bitcoin in a decentralized matter(not using Coinbase, etc) isn't currently easy to use enough for our grandparents. |
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I'm pretty sure most if not all traders are still doing it manually, simply because you still have better control trading manually compared to using a bot. Your trading bot is only as good as how you make it(with your own strategies and such).
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Somwehere between $1 and $1,000,000. For sure!
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I don't know for sure(as no one knows anyway), but probably years from now. Why? Bitcoin rose in price in late December last year because of the hype. Now, pretty much a good percentage of the people worldwide has already heard of bitcoin one way or another. The same kind of hype is not going to get us to increases that high, now, I think adoption is what's going to get us to prices that high.
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Aside from actually trying to learn and study first before going in, I always suggest that new traders should always use only a very small percentage of their total trading stack(probably 5%, depending on how much the total stack is) to start their trading. As beginners, it's highly likely for them to lose money first as they learn. They should just increase the percentage as they get confident as time goes.
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It was a $ deal that was paid in ETH when ETH was ca. 750$
If that's the case then $750 worth of ETH should be returned as it was a deal based in USD in the first place. Though I understand the frustration from your friend that has to refund a higher number of ETH. They should have talked about this potential issue in the first place. |
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