In terms of looking for a "great" project, you simply read the whitepaper and decide for yourself if it's a feasible and if the project has a real-world usefulness or not. But also, you always need to do background checks on the team, etc to make sure if a project is legitimate or not.
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Probably unlikely, but possible. Though why would people do it though. It pretty much defeats the purpose of "being your own bank". I could definitely see people using this service if ever we had it, to be completely honest. Some people just don't want to bother with wallet security and stuff.
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Besides hackers, theoretically Coinbase can lock up your account if they want to. Sure, they probably wont, but it's better to not take that risk instead. PayPal users had this very common problem of PayPal locking up their accounts for some reason with no chance of appeal. Will the same happen with Coinbase? Maybe, maybe not. But like I said, it's better not to take the risk.
That's a good point. As they hold your funds, if government put some pressure they can lock your funds or charge taxes, things like that. One more reason to avoid exchanges. You only own the funds when they are in your wallet Of course there will always be risk in storing your money in an online platform. But risk is always there. We cannot avoid it. We can just be careful. I think it would be advisable for small amount of money.Atleast it is useful and convenient to use. You can avoid it, by simply not leaving funds on exchanges like Coinbase. They lock up your account? Too bad, but at least you didn't lose any money right? You could easily switch to another fiat-crypto exchange like Gemini for instance.
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Besides hackers, theoretically Coinbase can lock up your account if they want to. Sure, they probably wont, but it's better to not take that risk instead. PayPal users had this very common problem of PayPal locking up their accounts for some reason with no chance of appeal. Will the same happen with Coinbase? Maybe, maybe not. But like I said, it's better not to take the risk.
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DId a quick Google search. Yes, Coinhub is an exchange; and it's a small one. It looks to be working fine, but I don't know about the security and customer support. Any reason you're interested in Coinhub? As they only currently trade very very few coins(BTC, ETH, LTC, DASH, DRG, and BBI). I'd personally go with Binance instead[1].
[1] https://binance.com/Thank you. I'm also trading in Binance but an ICO that I joined listed the token in coinhub which I never heard of. I check in reddit but no feedback there, many posted question but no replies and then here, I only saw a post but no feedback too. What coin/token are you specifically talking of?
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DId a quick Google search. Yes, Coinhub is an exchange; and it's a small one. It looks to be working fine, but I don't know about the security and customer support. Any reason you're interested in Coinhub? As they only currently trade very very few coins(BTC, ETH, LTC, DASH, DRG, and BBI). I'd personally go with Binance instead[1].
[1] https://binance.com/
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Alright. ignoring the security argument, here's my opinion. I personally think it looks too 80's-ish. If I were to project a price display on a big screen I would prefer something that has more of a modern design. Personally I prefer material design when using any app (including price viewers) on any platform or device. Here's the guidelines[1] if you're interested.
[1] https://material.io/guidelines/#introduction-principles
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Take a peek at the graph and decide for yourself. No one knows for sure if it will crash more or will go back up and never come down to these prices again. Also, it depends. Are you planning on holding long-term? If so, just get in now. If you're planning on holding long term then it wouldn't matter if you would buy it at 8k or 9k or 10k. BTC is currently $8,908.79 https://coinmarketcap.com/
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Come on now. If you're in the cryptocurrency space for at least 2 weeks or just view the past price charts you would already know how volatile bitcoin and cryptocurrencies in general are. It's going to be volatile for a lot more years for sure. And guess what. Bitcoin isn't even around $9100 as of now. It's already $8,908. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Depends. If you make like 5% profit per trade then sure. You can definitely profit off $5 trades only if you frequently do the right trades. Which if you're a beginner, it's very unlikely for that to happen unless you're really lucky. Just try it out though, if you're new, definitely go with small amounts like $5.
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You want to buy BTC, using a creditcard, without an ID, through Tor. Not fishy at all.
Anyway, here's the answer: I don't think so. There's so much news about banks not allowing crypto purchases that it's very unlikely that you could achieve what you're trying to do. Especially through tor and without an ID.
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Altcoins and btc are truly people's currencies. They coming to us very often, new and new coming out every day. And many people and companies going to adopt blockchain in their life.
That doesn't contribute to the topic at all. We were talking about coins vs tokens in terms of structure and classification. I swear I've seen more newbies that deserved higher ranks.
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What is your opinion about cryptocurrencies anonymity considering this issue?
There is definitely advantages and disadvantages of cryptyocurrency anonymity. One disadvantage being that you can't report to anyone if your funds got lost (whereas you could report to your bank when talking about transaction fraud and such). That's why people should stop being careless and stop getting phished. In this case though, on the recent MEW hijack, you cant blame much the victims as it's really quite difficult to spot this hack, as their coins/tokens get stolen anyway even though they're on the correct MEW url.
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There is really no comparison to web apps or anything that runs in a browser or on java. It's funny you mention trust because those sites are the worst and open up a dozen connections to other sites and share your data, whereas this is a single function locked in http->get .
Alright, so lets assume they do share out data; so you're saying I should trust a random developer with an app instead? Which could potentially be tenfold times harmful? Still a huge no unless you decide to make it open source.
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Is there any reason for people to pick your app compared to using Coinmarketcap or Livecoinwatch instead? Installing a price checker/tracker is kinda is unnecessary, as we already have web apps like CMC and LCW. I wouldn't trust it, especially from a unknown developer.
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To be honest if quantum computing can be effectively used for this purpose today we would have a lot lot more things to be concerned of. Our data on the internet would be at a huge risk, as encryption could potentially be easy to crack.
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Hmm. Any kind of adoption is good adoption I guess? I'll take it.
Now if only PornHub actually accepted BTC instead of XVG..
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So what do you guys look at when trading ?? The USD or the BTC
You can use either, and so do most people. BTC's price fluctuates a lot just like the price of pretty much all coins(except USDT), so expect your trade profits to be fluctuating a lot too. And yes, sometimes you can buy a coin/token for cheaper if you use USD instead of BTC, and vice versa. Need any more clarifications? I couldn't quite understand much what you're trying to say so hopefully I've answered your question correctly.
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But why they are fallen down! Then Bitcoin Fork isnt helpful for Bitcoin? I am just confused.
Hardforks like these never actually help the main bitcoin(BTC). All they ever did was to create a division in the community. I get that everyone has their right to create their own coin if they think that they could improve it, but no other forked coin has even come close to bitcoin(BTC).
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