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1561  Bitcoin / Bitcoin Discussion / Re: Will bitcoin be the ideal currency of the future? on: May 07, 2020, 06:19:05 PM
Bitcoin can not be an ideal currency for the globe. Going by all that you listed, bitcoin even falls short as it is. Already it has delay transactions which some altcoins easily can solve. Alts like BTC2 and Litecoin have a speed of light transaction rates. Some people have argued that what is keeping bitcoin on top of the list till now is because it is the pioneer crypto. They believe that one day bitcoin may lose that position.
1562  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you newbie looking for perceive income? Just be careful of AIRDROP on: May 06, 2020, 08:19:21 PM
things may have been different a couple of years ago like in 2013  but nowadays whenever someone is giving away something (seemingly) for free there is always a catch. usually they want something in return like what OP says (personal information) but also sometimes they are after the bitcoins you may already have. and to do that there is a lot of malware being spread as "wallets" of the said coin which the user has to download if they want to receive the "free" coins. and as they do their computer is infected and they lose their bitcoins.
The malware issue spread through supposed wallet download is the reason I do not like participating in any bounty that has such attached to part of the condition for hunters. And so far I have not have any issue with missing coin through hacks. I believe most hacks happen through this method.
1563  Bitcoin / Bitcoin Discussion / Re: Russian Central Bank Admits It Can’t Ban Bitcoin on: May 05, 2020, 09:53:50 PM
Of course they can't do it, no one can.
They can, of course but the thing is that such a ban can only affect Russian citizens who are bitcoin fans, and not the world bitcoin community. China did that but it did not affect bitcoin outside China. The earlier the better for countries that are still joking with bitcoin to come back together and help bitcoin growth.
1564  Bitcoin / Bitcoin Discussion / Re: If we are to start from beginning. on: May 05, 2020, 04:16:36 PM
I'd personally like to see less greed and an impact noticeability for people's actions, a lot of people not at the top aren't at the top because they can't handle their own funds an da lot of people near the top may have far too much influence over certain things people need...
Greed is a basic attribute of mankind. It will never go away, not even the destruction of the world will take it away. That is what man has become. On my part I will like to see a situation where I had the advance knowledge of what is happening now in 2010 when bitcoin was a shitcoin. I would buy a truckload and hold the way am holding some shitcoins now.
1565  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't hate long term promotions on: May 05, 2020, 02:15:23 PM
I avoid long-term bounties because most of them end up as scams after collecting cash from investors they disappear into thin air. I talk from experience. And once any bounty am in extends its duration without any corresponding increase in the bounty pool, I stop promoting that bounty. It is a bad sign, just like bounties which do not update their spreadsheets too. Short and simple is good for me.
1566  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Why we trust binance exchange? on: May 05, 2020, 01:15:46 PM
Because it's being managed by a serious business-minded person CZ. He has put in place all measures just to get the attention of his community when it comes to trading on exchanges. They have built a solid brand for themselves and the exchange is very liquid too compared to others. Which exchange have you heard refunded its members after they were hacked! only Binance has ever done this.
Yes, this truth and I want to believe it stays this way for long. When we remember once great exchanges like coinexchange, polonix and bittrex and how unpopular they are now, we know that nothing stays up forever. Binance may not be invincible to new world challenges just like others before it was. Challenges will come but I want to think that Binance will overcome when it comes.
1567  Economy / Web Wallets / Re: IS MY BITCOIN WEB ACCOUNT DEACTIVATED, FROZEN OR DISABLED? on: May 04, 2020, 08:10:17 PM
My thinking is that there is a possibility that the wallet is outdated and should be updated. This can be the reason OP is unable to log in. He should try and update the app, and try again logging in.
1568  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: It seems like it's the end for bounties on: May 04, 2020, 07:33:35 AM
As a bounty Hunter, we create awareness for them to attract investors and they will dump on us leaving bounty hunters with nothing, it seem this is the new trick now, Spyce and Blockburn and IMO did this, no more volume, there was dumps and bounty hunters received nothing
Oh yeah, Spyce scammed? This is very bad and discouraging. And the bounty reward is even yet to be distributed to hunters. Hunters are being taken for a ride here. We are used and dumped like their worthless projects. However, I know very soon all this bounty scams will be checked and controlled just like we have with ICOs now. Nobody like to do ICOs anymore. My advice to fellow hunters is never to take part in any bounty that exceeds 8 weeks.
1569  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I invest in this new IEO on: May 04, 2020, 06:46:05 AM
Hello, I am new to blockchain and I stumbled on how successful Binance IEO is and the recent IEO conducted there, I witnessed how the coin price spiked after IEO. So i discovered that Latoken is about conducting an IEO. Is it a wise decision to invest?
If you want a decent profit you have to wait after the IEO is over. Do not buy the IEO, wait for the obvious dump that will happen after the IEO to buy cheap. I said this from experience. Tokens always dump a day or two after the IEO. But if you want to buy the IEO that means you must sell in less than 24hrs after IEO.
1570  Alternate cryptocurrencies / Altcoin Discussion / Re: If google has its own crypto currency? on: May 03, 2020, 08:23:39 PM
Laws would prevent Google creating their own cryptocurrency, Libra which created by Facebook already faces many laws problem.
Even if there's no problem with laws, Google will create cryptocurrency which is completely different from Bitcoin and have different audience target.
What kind of a law would that be, if I should ask? Are people no longer allowed to do legitimate businesses of their choice? I was a bit happy when I saw that Boogle advert and I quickly assumed the cryptocurrency was owned by Google. That has now been put to rest and it is not owned by Google according to the Boogle team.
1571  Alternate cryptocurrencies / Altcoin Discussion / Re: Never give up on: May 03, 2020, 05:32:22 PM
Waiting is good if that thing is worthy enough to wait, then I don't give up. Sometimes we lose our hopes not just because we are giving up already but because there is no sense to wait by then knowing that it is obviously they won't give any to our participation. I know that all bounty hunters had suffered this thing, not only once but twice, thrice...often more times it happening but people are still doing it for they know that someday they could be lucky enough and got the one that they are looking for. That was the mindset of true believers.
This is exactly our mindsets, if not no body will be doing bounties. It is the hope that the bounties we do will turn out profitable a few months later that makes us go ahead to do others even when we are not paid at the end. I took a decision a few weeks ago to be selective in the bounties I do. It must be promising and from trusted managers.
1572  Economy / Economics / Re: Mining: Halving will destroy the half of us. on: May 03, 2020, 02:57:07 PM
The halving event is coming in a few weeks, rewards for mining will decrease to half specifically from 12.5 BTC to 6.25BTC. Small miners won't be able to contain a very much low block reward it will be lesser than what they are going to spend in mining. Huge mining entities can go on while the small ones will be forced to quit unless they expand their operation.

Poolin.com is one of the mining pools out there, its Vice President talked about it and gave his opinion, " Miners using old equipment will have to disconnect after halving"

The time has come for small miners isn't it?
What matters is the overall interest of the bitcoin community and not that of few individuals. We must not think of how small miners will survive after bitcoin halving because they will survive. Those who are serious to remain in business will get bigger mining equipment to cut cost. They will devise means to remain in business. That is how miners have been surviving the quarterly halvings.
1573  Bitcoin / Bitcoin Discussion / Re: Someone booked a hotel using bitcoin on: May 02, 2020, 05:53:19 AM
I see no reason to pay more for the honour of paying with BTC.
The simple reason they charge people who pay with bitcoin more will be because of the volatility and unprecedented fluctuations in bitcoin price. You can not predict what happens next even while payment is ongoing, the price can either drop or rise. Nothing is guaranteed. Back to the OP,  if we believe bitcoin is digital cash then it should not be a surprise if people pay for goods and services using it. Should it?
1574  Economy / Trading Discussion / Re: New trader looking to profit from the crypto market on: May 01, 2020, 08:52:34 PM
Copy trading is not what I will advice anyone to do. I know a trader who is a copy trader. People copy from him and his method was more like "quick in, quick out" kind. He made quick profits but that did not last as a storm came that wiped off all his profit and turned him against those who got trade calls from him. Go learn how to trade and that is better than copying trades.
1575  Bitcoin / Bitcoin Discussion / Re: What does mean "halving" actually? on: May 01, 2020, 03:26:14 PM
Why is this done in the first place and why not place a static pay rate to everyone who solves a block? This is done so as to not exhaust the supply cap in a short span of time. Imagine if the protocol still gives out 50 bitcoins per block mined to miners, we would have exhausted our 21M supply cap in 2017 and there's literally no incentive that keeps the miners hashing out on their machines to continue process tx which will result to the end of bitcoin.
If we go by your last sentence that means we will one day have an end to bitcoin? Because no matter how often the halving keeps happening every four years it will one day come to a day bitcoin will get exhausted out of the 21 million supply?
1576  Alternate cryptocurrencies / Altcoin Discussion / Re: Never give up on: April 28, 2020, 09:18:29 PM
As a bounty hunter always expect failures sometimes

1. Just because a golden year occurred in the past doesn't mean we will witness such again, yes it's possible but better adapt to present condition.

2. Promoting two to three projects and waiting for your payment doesn't make sense, as a bounty Hunter the sky should be your limit, since we can't tell which project will pay or not I suggest continues hunting.

3. Listed bounties may not pay, it's still same risks as bounty projects that aren't listed on exchange yet, rewards may vary but who am I to tell? I'm not a great seer am I?

4. Scammers takes advantage of Cov-19 alot and many still fall victim upon all the warnings, now we only have few days left till next Bitcoin halving, few new scam projects will surface, keep your eyes sharply opened
.
Your no 2 is for me, no. I try as much  as I can to choose few projects to run bounties with. It is better to have a limited number than being in many that end up scams. If that happens it only means that you have helped the projects spread their scams and deceived many through social media across the world.
1577  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Good time to get some Ethereum? on: April 27, 2020, 12:52:23 PM
It's a Good time to get some Ethereum?

Ether has risen More than 70% since March 13 and may be about to rise further, It looks like the next ETH 2.0 launch seems to be raising the price of ETH.

https://www. coingecko.com/en/coins/ethereum
Buying Etheruem or any crypto when the price begins to go up is not a good idea. Traders buy when the price is low and not when price has already gone up on Fomo. Now that bitcoin halving is expected every major coin is going to go up in price. This is how the market acts on bitcoin pump.
1578  Economy / Economics / Re: The drying oil on: April 26, 2020, 06:23:05 AM
Okay we get it, less cars, less vehicles traveling so the oil is not that what we really need right now

But, why is the price be looking like this? It is not only the cars that uses oil, we also have a lot of machines that isn't running without the oil

Don't tell me the covid-19 global pandemic cases is inversely proportional with the oil price lol
You have the answer already in your comment. The pandemic lockdown has restricted movement and there is less cars on the road. Cars use oil. This is what has affected the oil price, and not the pandemic itself. If there is free movement even with the pandemic, the demand for oil will increase and price will rise up again.
1579  Economy / Economics / Re: How long this crisis will be? on: April 26, 2020, 04:29:15 AM
For the people in this community that understand spanish, I wanted to share this video I created yesterday comparing the current situation with the different crisis we had in the last 100 years.

https://www.youtube.com/watch?v=rs5Yyvih14M&list=PLz_NVO61eqw70kA4Z9z854OoyibpDpOuq&index=2

Do you think it will be uglier than the others?
 
All feedback is welcome to keep improving!:)

It is one month after your question and the world is still at loss with what to do. People are dying and governments are confused. There is no help and cure yet for the virus. Nobody knows how long the world can still go from now as the number of death rate has gone into millions. The US, Italy and Spain are the worst hit.
1580  Bitcoin / Bitcoin Discussion / Re: Bitcoin halving 2020 is almost here, are you ready? on: April 25, 2020, 05:15:08 PM

The pandemic has slowed down the expectation of the halving. Otherwise, it was surely be expect to make a good increase in price. The rate it was looked would be giving lots of profit for hodlers. I still expect it will cause some increase before the year is ended.
The stupid pandemic has spoilt my expectations. If not for it bitcoin would be doing better than $10,000 by now. And since it has not crossed that price level till now, it shows that the price will crash once halving is concluded in May. I do not think that halving will have a major impact on bitcoin until the threat of the coronavirus is tackled.
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