I often hear people quoting that some country (most of the times China) is positive towards blockchain and are thinking to using it in their country, so they are also positive towards Bitcoin.
This is just a myth. To be honest Bitcoin and Blockchain are separable. Blockchain can sustain without crypto but crypto cannot without blockchain.
In recent times Bitcoin moved from 7k range to more than 10k may be with the news of China president talking about blockchain. Then people were saying that China is positive towards crypto but things were not that good. And now things are on the same page again.
So burst this myth that where blockchain is Bitcoin will also be there.
I agree, Bitcoin is just one of the product of blockchain tech and Blockchain is not Bitcoin. I do not know why people think that Bitcoin and blockchain is one. There are lots of applications that can use blockchain aside from Bitcoin so we should be aware that if someone speak of Blockchain it does not mean he is talking about Bitcoin. |
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I think it's not a problem of inflation, but the Hardfork that will happen will bring ETH to be better, I think the scalability of ETH will be one of the developments that will be completed in Hardfork this time,
If all ETH problems can be resolved, I believe the price can exceed the highest price in 2020.
Inflation is always a problem but if the good effect of the upcoming hardfork will be more beneficial and will have a better effect than the inflation then we can ignore this 20% inflation and enjoy the benefits of the upcoming hardfork. If that so it is very possible that we can see a major recovery on ETH price. |
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I think this is just a misunderstanding between the complainant and the exchange. they had announced the problem and are willing to fix it if given enough time. There are other solution and that is exchanging the token to another token and withdraw. If they are scam then everyone won't be able to withdraw nor convert their token to another altcoin and withdraw. There is a possibility that they are running out of funds but I do not think they are intending to scam everyone because as I believe this exchange is registered and have their owner/operator known by the authority.
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ROI of top coins since exchange listing According to the chart, it is clearly seen that Bitcoin is leading all crypto coins. Yes, NO altcoins can compete with Bitcoin. Even if Ethereum is in second place, it is still very far from what can be achieved by Bitcoin. If we compare Bitcoin to altcoins, it is like comparing an apple to oranges. So, once Bitcoin dominates crypto market and most investors prefer to focus on investing in Bitcoin, we must admit that it is very reasonable. Source: https://bitcoinist.com/bitcoin-roi-beat-altcoin-chart/ Is this chart for exchange ROI? Or investors ROI? If it is an exchange ROI, it is obvious, BTC is the best since almost all trades are done by BTC. But for the current investors, I think Altcoin ROI is better than Bitcoin because most of altcoin are sold with a discount (ICO/IEO) and sold at a full price on an exchange. |
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I’m preparing for Eth 2.0 staking. I see all the Defi projects built on Eth. The stablecoins, the ecosystem. If Eth fell, it would bring a huge chunk of the crypto market down with it. So for this reason, I can’t see ethereum really disappearing. It’s the only crypto that I’ve actually used (I bought something with USDC, an ERC-20 token).
First, I think if ETH fail it won't bring a huge chunk of the crypto market because those who are using their platform can easily migrate to another successful blockchain though I also see ETH going strong and not disappearing anytime soon. That said, I am concerned about those stolen $100million in Eth. That can depress the value of Eth for years. I’m concerned about the constant hard forking, the constant delay of Eth 2.0, and the general amateurish feeling of the project. I hate that Vitalik, and the ethereum foundation dumped their bags on people at the ATH.
What done is done, we cannot do anything about it so do not stress yourself over this matter. If you are hoping for ETH to recover, you have to believe on their developer. Part of me wants to just sell my Eth for BTC and not look back. Another part of me wants to keep buying Eth as it goes down.
Any intelligent insights on this forum? Not a pissing match, not a shitcoin shill session. Just honest feelings about Ethereum from other veterans in the space.
If another part of you wanted to buy instead of just hodl and wait then I guess you still believe on the ETH developer. There maybe delay on ETH upgrade but if it is done I guess all your waiting will not be in vain. Bitcoin also suffers the same fate as ETH, its price goes down and yet to recover to its ATH. |
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As I read the article, it seems the FOIN price is totally manipulated. There is actually no real trading volume and the price pump was duly created by the coin owner alone creating an illusionary market making people and investors think that the FOIN value had increased. The mere fact that they locked investors fund/coin is an evidence enough to say that the current price is bullshit.
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So i heard this guy talking about how Bitcoin Cash is actually the real Bitcoin. He says that Bitcoin is no longer what Satoshi Nakamoto originally proposed in the Bitcoin whitepaper.
1. It was supposed to be Peer to Peer but Segwit is destroying this.
2. On-Chain Scaling was supposed to raise as needed (Block Size)
3. Since Bitcoin scales on Chain , It has fast transactions.
Can i get your input on why he might be right or wrong?
It has been two years since Bitcoin Cash came out, maybe you also saw that without Bitcoin Cash, Bitcoin (BTC) can still solve everything correctly. SegWit is really the right step to help Bitcoin avoid overload when confirming the huge number of transaction hashes per day. In my opinion, I don't deny that the introduction of Bitcoin Cash has helped many people tend to use Altcoin instead of Bitcoin for transactions via cryptocurrency. But after all, Bitcoin is still itself, and Bitcoin Cash is no different than a clone copied from a fork. Indeed, Bitcoin need to be updated according to the need of the current environment. Bitcoin will soon be obsolete if it stick to its original plan that is why hardforks and upgrades are created to suit Bitcoin to its current need. And as we see, Bitcoin with segwit seems to performs better and accepted more than Bitcoin Cash. |
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Altcoin is not increasing for so many days. New money is not coming in market.So Always invest in good Top 30 Altcoins for being Safe.
Even most of the top 30 altcoin is bleeding though I can say if we want to invest in these altcoin, now is the best time because it is already at its bottom. Though we must make sure that we do our research on the altcoin we wanted to invest so that we won't regret any of our decisions regarding this investment. |
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The middle eastern nation of Lebanon has been suffering its worst civil and economic crisis since its civil war in the mid-1970s. With no end in sight, the desperate yet resourceful population may start to explore Bitcoin as a weapon against the corrupt political and banking system.
BeInCrypto first reported on the civil unrest in Lebanon in October. Demonstrators took to the streets to voice their objections to a planned tax hike on tobacco, fuel, and telecom tariffs. As is often the case, this quickly morphed into a general movement against political and financial corruption.Source link hereJust like Venezuela, it looks like Lebanon might be the next to start adopting Bitcoin and other cryptocurrencies. Despite that Venezuela is on a crisis, they already made their move in using Bitcoin for various cases. Now that Lebanon is facing crisis and may worse in months to come, it’s time for them to accept and embrace Bitcoin with open arms. What do you think about this latest situation in Lebanon? Do you honestly think that Bitcoin would really save them from their ongoing crisis? It could be great for adoption in that area, but it won't effect the entire community and cryptosphere really at all, just like Venezuela didn't really do much. I think these smaller countries going through economic meltdowns dont have much buying power to move the price up. It could be nice when they get back into a better place economically but we just have no real data or experience of a country relying on crypto during hard times and what they will do later. Price for now does not matter, I believe it is a great thing if Lebanon fully adopt Bitcoin and starts to flourish if they do so. If that happen, this would be a great example for other nation that is hesitant of Bitcoin. Small steps but steady progress is what Bitcoin needed and Lebanon adoption is one of it. |
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But what would happen if one state (you know which one) could actualy gain control over more than 51% hash rate though?
You mean the Chinese government? The majority hashrate is already located in China: https://www.coindesk.com/highest-in-2-years-65-of-bitcoin-hash-power-is-in-china-report-findsWe're still talking about private companies running these mining operations, not the government. The confiscation of private mining facilities to launch a 51% attack seems rather unlikely as China knows better than to kill their own cash cows. Well depends what their intentions are, they might confiscate all the farms to launch the attack and destroy btc to be able to force on public their own "cryptocurrency". In this way, they would have the best of both worlds, the biggest competitor would be gone, and everyone in china would have no other choice but to use their centralized government shitcoin. It's actually scary what countries as powerful as china can do to bitcoin. I believe Chinese government is not that savage. They are bound by laws, let us not overthink things. If they are against mining, they would release notice of shutting them down but not confiscating the mining equipment unless these mining company won't heed their notice. Aside from that, I believe company based on China will never unite just to create a 51% attack to the network where they get their earnings. |
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I just want to know,
Where can promote new alt-coins, tokens or wallet.?
Who is the friendly moderator?
Because most of the times moderator delete the posts without telling you.
and if you pay them they won't do anything with your posts.
Just post on the designated board stated on the 1st reply and make sure that your project is not a ponzi scheme or anything promoting a possible scam since once reported and verified it will be deleted. |
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Its hard to promote a decentralize video sharing platform and make it popular when all there is that we are do is go to youtube to watch whatever is there. Maybe if we could organize together that crypto community only shares the decentralized video platform link on social media, the platform could gain more users entirely not from crypto. Its possible and youtube knew it could happen which possibly the reason they apologized for purging crypto videos.
True that, it is really hard since people are accustomed to youtube for video streamings. Promoting decentralized video sharing sites needs time, effort and reward system where content creator can cash out anytime. Unless the decentralized video sharing sites have fund to accommodate these needs of the content creators, they will find it hard to promote or other popular vloggers to use their platform. |
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That would be a great idea but it would be a loss for some period of time if these youtubers that have lots of followers will immediately migrate to decentralized video hosting sites since they will start all over again. Aside from that, there are way more audience in youtube than this not so popular video hosting sites. |
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Next Bitcoin Halving will drive the price down because the ecological system in which Bitcoin lives will be reduced.
More miners will bail, and it is the miners who are the bone marrow that creates the life blood of block chain.
Thoughts?
Miners may bail out if the price does not move according to the supply. It is still early to say that the price will go down, you only see the perspective on the miners side but do not see the point on the incoming supply and adoption. Miners may probably the one that sustain the blockchain but it is the buyers who keep the price up. If more buyers comes in (adoption) miners will never bail out because the price of BTC can sustain their expenses and profit. |
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I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
It is up to you, if you think your profit is worth selling then sell it. No one can dictate whether it is the right time to sell or not except by yourself. People often setup a selling price even before they bought Bitcoin so they won't be confused whatever happened to the Bitcoin market and sell it whenever it hits their target price.. |
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It seems Bitcoin did not dump this Christmas instead it tries to rally but instead go sideways. It seems history of Bitcoin getting dumped on Christmas does not happen, I just hope that history of price of Bitcoin before and after halving wont break its tradition else it would be a disaster for those who are waiting for this event. Though it would be a Bliss to those who wanted to buy Bitcoin.
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As it's said, "Patience is a virtue". We as "hodlers" of Bitcoin should be patient in order to see better results in the future. But, what if Bitcoin never reaches a new ATH? Then, I'm afraid that most people "hodling" Bitcoin will lose all of their investment in the long run. What are your thoughts?  We cannot remove the fact that there is a possibility that Bitcoin will never reach a new ATH the same thing that it will reach a new one. With the design of Bitcoin supply, the spreading awareness of people and growing community of Bitcoin, I would not worry about the not breaking ATH things because those stated conditioned are designed to strengthen and increase the price of Bitcoin. It may take long but will definitely break the recent ATH price of Bitcoin. |
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Almost all crypto users do not believe that he is Satoshi Nakamoto, because he could not prove his statement, in my opinion this person is just seeking public attention for a particular purpose, I myself also doubt that he is Satoshi.
Indeed, claiming that he is Satoshi solves his thirst for attention and he felt it was good so he even make case to claim the whitepaper of Bitcoin to get more attention. I do not believe that he is Satoshi because if he is the real one, he do not need to push himself to prove he is really Satoshi and just laugh to those who do not believe him. And besides if he is real he can easily sign a Bitcoin message on the known Satoshi Bitcoin address. |
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What are your thoughts? Is the Lightning Network ready to be used on vending machines, or is it too early to tell? ??
I think it is yet ready to be used in vending machine. Bitcoin atm had been around for sometime now, so I think a vending machine connected online for price adjustment is very possible. I wonder only a few are into creating a vending machine that accepts Bitcoin. |
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I don't believe that option trading have that huge impact on Bitcoin trading, so I guess i does not matter whether Options market is losing confidence in Bitcoin, would be best if they completely shutdown since they do not demand real Bitcoins anyway. If they do, those who play on that option market would be forced to buy into the real Bitcoin market and thus probably would bring positive impact on the Bitcoin market.
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