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161  Alternate cryptocurrencies / Altcoin Discussion / Re: Alibaba cooperates with new blockchain platform, Is this project worth following on: December 10, 2019, 11:42:43 AM
I just saw their official announcement here https://www.alibabacloud.com/blog/new-solution-for-third-party-logistics_595584 and https://www.alibabacloud.com/blog/securing-deliveries-with-smart-technologies_595585

The important point that I got is the business model being employed under the 3PL approach includes the use of low-cost and versatile frequency sensors that would be installed inside Shipping Containers to monitor their movements and status via the immutable Credits blockchain database.

And the use of the Smart Payment Service based on the combined Alibaba Cloud and Credits blockchain platforms is a solution that is currently being implemented by the companies in the Chinese market. The Credits blockchain provides secure transactions between the parties to the delivery process and logistics providers, such as DHL.

What do you think about this guys? Will it have a positive effect on the Chinese government regarding cryptocurrencies and blockchain technology? Or even have a big impact on other crypto communities?
I think slowly every corporate would be willing to enter the blockchain world using some tactics. This is Alibaba's try, we have already heard facebook's libra to enter the arena slowly you would see companies like Amazon, Google and Apple entering this world too. These would be real ICOs which could revolutionize the whole world and bring the world over blockchain. I think all these projects are worth following. Due to the great strength in blockchain technology a lot of investors will be wiling to invest in these projects too.
162  Alternate cryptocurrencies / Altcoin Discussion / Re: Whats the future of Altcoin on: December 09, 2019, 04:03:00 PM
I realy want to buy altcoin which coin can i buy to hold and make big project in future any idea tell me best profit coin to buy thanks.
As I can say from my experience that there is no one coin that will always boom irrespective of market. There is a sudden pump in various coins at various times after which they just sink back to normal market forces. I have seen this happening to Ethereum. Then it happened to Ripple. Then it happened to IOTA. Then it happened to BCH. Then it Happened to TRX. Then it Happened to BTT, Then it happened to Chailink, These days it's happening to Tezos. Be lucky enough to find the next coin which could trend and be ready for a roller coster ride. Otherwise all the altcoins just move with market momentum.
163  Economy / Economics / Re: Does halving really create deflation? on: December 09, 2019, 03:55:34 PM
hey guys, i'm quite serious on this topic because of the confusing people when talking about Bitcoin "deflation". As far as I understand, the deflation is that goods are cheaper than they are on time or because there is no need to buy goods or the supply of money gets lower.
So for Bitcoin, why is there a deflation? Although I know that miners will find it harder to mine bitcoins after every Halving event, the value of our goods stays the same and is based on fiat money. Bitcoin's price is still being manipulated and it is not necessarily a strong growth after halving. or the best example is Litecoin. after halving, its price is halved instead of rising higher.
So, the question is, does the Halving event actually cause deflation, or is it just some bullshit theory?
Ps: I highly appreciate the comments with sincere contributions. Thanks
I think it does create deflation but not by goods becoming cheaper but by currency becoming more expensive. Due to the basic of supply and demand. Halving reduces circulating supply in Economy of Bitcoins which are being mined. This will make Bitcoin Scarce and therefore people will find it more valuable and it's price will skyrocket after some time. Halving will have some impact but skyrocketing thing is not as yet confirmed it's just seen from past behaviour of Bitcoin that it does happens.
164  Economy / Economics / Re: Crypto Taxation on: December 09, 2019, 12:57:21 PM
Ever since Bitcoin and other cryptocurrencies became a hit within the mainstream world, governments have been quite skeptical about them. Despite the promise of crypto to bring trustless payments to the world in a frictionless manner, governments have taken every effort to try to prevent its growth worldwide. As of now, centralized exchanges dominate the space where they're subject to KYC/AML laws. There's literally no way to prevent government surveillance except for P2P trading (like Local Bitcoins, etc).

Considering that centralized exchanges serve as gateways from crypto to Fiat (or vice-versa), they've been the targets of governments worldwide. The main concern of governments is tax evasion and money laundering. Sometimes I wonder why governments want to tax our cryptocurrency funds if they're not considered as money by most people worldwide? After all, crypto's nature is a highly unpredictable and volatile one. It seems to me that governments want to profit from this venture more than anything else. Any other cryptocurrency which prevents them from "taxing" people, would be considered illegal to them in the future (like Monero, and other privacy coins).

Which is why, I believe that crypto taxation is more of a problem than anything else. Do you agree with me? What are your thoughts? Huh
I think governments won't allow people to escape from their taxes just because they are dealing in cryptos. There is a pretty huge economy working on cryptos. When on private key wallets it's impossible to trace out people so I don't think there will be any tax but once it goes into dealing with exchanges taxes might come in. But I am sure revenue authorities won't contact exchanges with such a vast information because such an enquiry would take place at a very extensive scale and it would be very difficult to escape if you happen to stuck in it on a later stage so we all must pay our taxes on our Incomes.
165  Economy / Speculation / Re: Crypto analyst peter brandt bitcoin will reach $100000 on: December 09, 2019, 12:46:42 PM
Crypto Analyst Peter Brandt came onto to BitcoinLive with his latest prediction. He claims that BTC price could reach it’s all-time high i.e. $100,000 or above.

Take a look here: https://coinpedia.org/news/crypto-analyst-peter-brandt-btc-will-reach-100000/

Let me know your point of view on this?
I say BTC will reach 1 Million $ but it isn't gonna happen just with hear say. For BTC to succeed the traditional economic systems must fail. In short there must be a big recession in the markets which would lead to collapse of big banks and only then people would realize that maybe BTC can be a better alternative to all this. Once this happens there is absolutely no stop at which BTC would stop because the demand would be boosted exponentially and after the consecutive halvings supply is going to be diminished even further. So what he is saying might be correct but don't ever make your investment decisions based on this.
166  Other / Beginners & Help / Re: Can i Bitcoin or not on: December 09, 2019, 11:03:30 AM
I realy want to buy Bitcoin i have 5000$ give good idea plz
First of all ask yourself a question. Can you live by even if you completely lose these $5000? Would your financial position be solid after losing these $5000? If the answer is yes then comes the procedure of buying Bitcoins using these $5000. The procedure of buying depends more or less from country to country but If you are from US you can buy it from Coinbase. Then use 80% of your funds to buy bitcoin. Use Remaining 20% to buy some cryptocurrencies which are low valued but popular like TRX, ChainLink, Stellar etc. This way your investment would be pretty secure and you would be able to move with the market.  
167  Economy / Economics / Re: Fiat Vs Cryptocurrency, which would you choose? on: December 08, 2019, 06:02:24 PM
One thing I don't understand is how can cryptocurrency bring equality in countries? are you expecting someone to distribute free cryptocurrencies in these third tier countries? All it might do is help in creating a new economic center in the world but this is pretty big situation to think about. Other than this I don't think how it can bring equality in countries as people in third world will still suffer from problems like hunger and poverty.
168  Economy / Economics / Re: stupidity is so close to poverty on: December 08, 2019, 05:16:14 PM
stupidity is so close to poverty, do you agree with such a phrase?
if it yes, means the poor are the fools.
I want to know your opinion.  Grin Grin
Haha it doesn't really means exactly the same but it means tha t after living 40 years of your life you still haven't been able to get out of your stage of poverty then definitely there is a problem with you. Moreover in this ultra age of communication it's easier for everyone to fetch a job because knowledge is literally available in abundence all over the web for free.
169  Economy / Speculation / Re: Bull run is delayed! Halving not helping! Bear go away on: December 08, 2019, 05:09:58 PM
So bull run supposto be on but its not!
If december the bull run Will not start then january just Before taxes its hard to belive that bull run Will start.... Usually january is very bearish.

And halving not helping either.

The crypto bull run is delayed anyone knows when the bull run Will start the fed printed More money what More we need? 
This new money should be invested all ready to make crypto market go up!

WHO brought the bears??  We need bulls asap
I don't understand why people become so impatient when it comes to Cryptocurrencies. These people are happy getting 15% annualized returns on their stocks but when it comes to Cryptocurrencies they are like why is it not increasing by 200% just in a day. It's pretty much like an ordinary asset. Halving hasn't even happened and you are saying halving not helping? Forget what you invested and come back after 5 years. This is when you will see results on your money. It's not a get rich quick scheme.
170  Economy / Trading Discussion / Re: 5 mistakes every crypto trader should avoid on: November 13, 2019, 07:46:11 AM
~

FOMO not only include panic selling but panic buying too. I would say latter one is more serious than the former. It's panic buying that creates bubble in the market. Earlier I used to wonder why Bitcoin prices corrected like 10-15% every time after any bull run. Later I came to know that Bitcoin traders easily get triggered whenever prices increase a bit and then they pump it more than what market volume can handle. As a result, prices fall immediately after increase and most of the buyers make losses.

Oh well it's a common decision that some traders do. You can't blame them for it. They needed to save what they can, and pretty much they're driven that easily by emotion and that isn't a good thing to this technical trading we're doing.
Panic selling becomes quite more often to occur than panic buying, imo.

No doubt, weak hands are very common in the crypto market but we can't link them to FOMO phenomenon. FOMO in crypto world refers to panic buying that is the feeling of owning Bitcoin when trend and value of Bitcoin is going higher and higher without actually analysing the capacity and sustainability of pump.
Panic selling on the other hand is associated with FUD phenomenon.
171  Bitcoin / Bitcoin Discussion / Re: Should Bitcoin lower its carbon footprint? on: November 11, 2019, 11:09:00 AM
We can't do anything in that.
Decentralization or Conservation. Only one is possible at once.
Due to the decentralization in Bitcoin mining, anyone can mine. When anyone can mine, the person with higher GPU power will get the mining rewards. This competition leads to increased usage of computing power. Hence, the competition will continue until miners will reach the break-even point between rewards and cost. No one cares about environment.
172  Economy / Trading Discussion / Re: 5 mistakes every crypto trader should avoid on: November 11, 2019, 08:37:27 AM
FOMO is a part that I really pay attention to those 5 mistakes. however, seeing so many FUDs makes us want to sell our assets immediately. because of this, so many of us sell assets, not at the right time. even when we are very patient and confident with the strategies we have thinking, FOMO will always be a difficult challenge to stop. I might have another way to avoid FOMO, which is to try to focus elsewhere so that I can forget about my assets even if only briefly  Undecided

FOMO not only include panic selling but panic buying too. I would say latter one is more serious than the former. It's panic buying that creates bubble in the market. Earlier I used to wonder why Bitcoin prices corrected like 10-15% every time after any bull run. Later I came to know that Bitcoin traders easily get triggered whenever prices increase a bit and then they pump it more than what market volume can handle. As a result, prices fall immediately after increase and most of the buyers make losses.
173  Economy / Economics / Re: The future of banking industry in blockchain on: November 04, 2019, 01:18:36 PM
Hey.
Yesterday I read an article about banks that began to use blockchain and there was pretty impressive list.
They're also described successful cases of using blockchain in banks (if you're interested - here's the article), so I may assume that using blockchain in bank's system is only a matter of time (and money, of course).

Now, the question: why it takes THAT long the smaller banks to go the same way and start using the blockchain?
Certian banks have earlier shown their interest in adopting blockchain technology as it is revolutionary and banks have to be updated with the latest technologies to provide good services to customers.This would be great if they approve it as cryptocurrencies can also get its support and benefit as they are financial services of nation and governmemt would permit its usage.But on the other hand it is quite technical and banks might fees hesitated to use it or implement properly in their system due to which they follow traditional methods as they are less transparent and they have faith over them.
174  Economy / Speculation / Re: Bitcoin's Latest Rise Was Manipulated? on: November 04, 2019, 01:04:49 PM


Dramatic, amazing and unbelievable are some nice words that described the latest rise in the price of Bitcoin and especially so when it was hovering for days at mo than $7000 and people were wondering if Bitcoin will be going down further to $6000 or will it break through the boring situation.

Then all of a sudden it made some burst even reaching more than $10,000 and people scrambled to find what can be the reasons behind the amazing surge. While there are those who linked the statement of China's president on the blockchain, there are also who are looking at the possibility that this movement is actually just manipulated.

Right now, Bitcoin is back at $9100 per CMC and seems to me like is taking some rest for a probable another big dip. Do you believe that this is just a manipulation and because of that it could not hold on to the $9000 price?
Nothing can be said about the sudden rise in prices of bitcoin after a long time as it could be price manipulation by the whales just to create another pump dump situations to make profits or it could possibly due to china involvement in btc and crypto market.We might see another correction soon and after that prices can be surged to higher level till then we have to monitor the market growth.
175  Bitcoin / Bitcoin Discussion / Re: BTC Dominance on CoinMarketCap on: November 04, 2019, 12:52:37 PM
Considering there are thousands of coins and tokens out there, what sort of dominance should Bitcoin have which shows that even though it remains the dominant force there is still a lot of space for others to narrow the gap?

Currently the BTC Dominance according to CMC is:  62.6%
Bitcoin is still the most potential coin in the market inspite of lot of developed altcoins.It attracts more investors which boost the prices and volume of bitcoin and make it top the charts on coinmarketcap.The dominance will increase with passage of time and adoption at global level making market cap more higher.
176  Economy / Trading Discussion / Re: 4 reasons why Bitcoin has bottomed out on: November 03, 2019, 01:13:23 PM
The recession in global market is a possible reason for  bitcoin and other crypto market being bottemed out as people prefer to store physical values of money like gold or other reason can be china looking forward to ban cryptocurrencies as china is center for bitcoin mining.The prices can still go high with next year halving so we don't need to worry much about it and hope for it's betterment.
177  Economy / Speculation / Re: Bitcoin Price Prediction 2020 – What to Expect? on: November 03, 2019, 12:56:31 PM
See we can only speculate about prices from recent trends or historical data but this is highly volatile market where nothing is certain and we cant say whether we can hit $20k by 2020 or not.Huge influencers also predict based on certain results but they are also not sure about its growth.So we need to stay calm and just wait for the right time to prices to hit our satisfactory level and it can be $20000 or $30000 next year or so further.
178  Bitcoin / Bitcoin Discussion / Re: Share Your Experiences on: November 03, 2019, 12:45:49 PM
Was reading about how Bitcoin first came into existence and people's first experiences with Bitcoin, cryptocurrency, etc on Reddit. I want to know how your guy's first experiences was with Bitcoin, and if you ever had any regrets or wins throughout the years. Also, would be cool to know how people first actually got Bitcoin back nearly a decade ago when it wasn't as easy as buying some from a local Bitcoin ATM near you.
My first interaction with bitcoin was 5 years back when one of close friend was trading and working on it and he told me about this digital currency and i was curious to know more about it and went for detail study.Slowly i stared working on different crypto related sites and then finally became a member on this forum which was best thing.Now i am crypto enthusiast and working on it and earning profits with its usage.And now we are celebrating 10th anniversery of the bitcointalk and wish you all the best for future.
179  Economy / Trading Discussion / Re: Long Term VS Daily Trading on: November 02, 2019, 12:56:25 PM
Hello everyone, I was introduced to this forum by a friend who advice me to be marketing IEO/ICO companies but I see trading as the only thing I picked interest and willing to spend time here to learn. As a result of this I have dedicated 5 - hours daily to learn about crypto tradibg here in the forum since my research only keep me discouraged and scared due to their negative emphasis. I will like to know the difference between shot term and long term trading and the one that is much profitable. Also the different risk involved in both.

Best Regards

CHRIS
Day trading is not a task for newbies and require lot of hard work,skill and high knowledge about the prevailing market conditions.Beside from this you need time to analyze the chart and monitor daily growth of the coin in which you are trading and then only you can gain profits but still a lot of pressure on mind whereas in long term you need to be calm and hodl the coin but you must have invested in the right coin which have potential to grow after 3-4 years and you can get high profits in the form of price rise.Both types of trading require knowledge,skill and time at their own level.
180  Bitcoin / Bitcoin Discussion / Re: Why hasn't any altcoin replaced bitcoin? on: November 02, 2019, 12:44:47 PM
The main reason is that no other altcoin has utilities offered by bitcoin and technology of most of the coins is outdated which is why they are restricted to trade purposes only.Moreover btc has support of masses being oldest cryptocurrency and can be exchanged with number of services around the globe which is why it is termed as king of cryptos.Nothing else can be mentioned.
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