Quantum computing is a powerful and threatening thing, but it is still far away from actual use. I've talked with a tech guy recently and he said that quantum computing is years or if not decades away from us. Also there are anti-quantum options that can be implemented through consensus by the miners. I'm sure that the more specialized ( + those that have more skin in the game sort to say) are doing extensive research on this. Personally I don't think this technology is a reason for worry.
I agree, quantum computing is a threat to BTC, but it is not YET enough to defeat BTC. It is a long process and it takes a lot of hard work for this to become effective. They are working hard to defeat bitcoin and to implement a new platform. So as what you've said, don't worry because it far enough to happen yet. |
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Technical Analysis: Bitcoin start to rebound? Next Target $8.6K?Since the Mid of July 2019, the Bitcoin price have been sidelined from it’s 2019 highest price at $13,000. Start from there, the price slowly drop to $10,000 on September. Most recently the price go down at $8,000. Many investors have asking where is the floor and when Bitcoin will start to rebound? Still some of the market analyst are calling for another 25% drop to $6,000, which is where a number of traders believe the cryptocurrency market will find an ultimate bottom before a multi-year bull market. But there is trusted evidence suggesting that the 1st cryptocurrency will soon reverse rebound. Mohit Sorout, Market analyst at Bitazu Capital, noted that a number of Bitcoin indicators are reaching an inflection point, which he believes is where BTC’s price will finally bounce. “[The] Relative Strength Index, positive Directional Indicator, and negative Directional Indicator all have to reset to an important horizontal level,” he argued before adding that “such levels have only one job: to turn the BTC price around.” Click here for the full graphs https://maishince.online/technical-analysis-bitcoin-start-to-rebound-next-target-8-2k/According to another veiw from Analyst in Tradingview (Mr AlanMaster) suggesting that the Bitcoin are in rebound phase and estimate price can go high up to $8,600. In his comment, he are assuring that Bitcoin are showing reversal signals. He added in that ” Price now moving above EMA10 and gaining momentum. If this movement continue, we can expect Bitcoin to hit $8,088 easily followed by $8,200 . “The $7,800 – $7,900 is where we can find string support. If prices move lower, this will be very important level ” said him in the comment. Details in here guys : https://maishince.online/technical-analysis-bitcoin-start-to-rebound-next-target-8-2k/What do you think? Is it we already found the floor and Bitcoin will start to rebound? Yes it can go higher again and again after going down. It just looks like a wave in the chart that it goes up and down. But its price varies in time, so make a good decision and great timing in buying and selling coin to gain more profit. Just be careful about the time, always consider the season where it goes high and low. |
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Then my one friend suggest me an exchanger called propersix exchanger. You don't believe that it's transaction speed is 6000 pts. And it's also secured for it's using technology. It use the latest Blockchain technology.
6000 transactions per second is actually quite low. I'm pretty sure a crappy exchange such as Yobit can handle that without any problems. Binance last year upgraded its platform to handle 1 million transactions per second, so how about that? I'm pretty sure that most of the other competent platforms can do at least 100,000 transactions per second. This is the advantage of centralized exchanges that work with a database infractructure. Using blockchain technology is just a convenient way to slow yourself down a lot. I agree, Binance is very effective and fast when it comes to speed of exchange. it ranges from 1,000,000 million transactions as what you've said. Their quality is improving so that many users also are persuaded to join using this exchanger. It is also user-friendly and easy to use. |
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I don't know how these ""researchers" come up with such idiotic findings. From what I have seen, Tether is one of the factors behind the recent bearish trend affecting Bitcoin. Earlier, traders used to convert their useless alts to Bitcoin, to save their wealth. Now they are using USDT instead, as it is having a stable exchange rate. The trade volume involving Bitcoin has gone down, partly due to USDT/Altcoin trades now growing in popularity compared to BTC/Altcoin trades. This is what I have seen myself and this is what my 7 years of experience tell me. I don't need any researcher to teach me what is going out there.
That's right, they just conclude something that isn't happening. Tether is stable and doing good after i looked in to the issue. They don't know that bitcoin isn't that stable from time to time. The bitcoin is going down and observe how it can handle itself. Just think critically and be observant about it and you'll not need any help from any researcher. |
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Somehow it is annoying to see that stablecoins will be the first to be mainstreamed rather than bitcoin. If they will be successful then bitcoin will be left behind and will only be viewed as a tradable cryptocurrency and can no longer be used as a means of payment due to the presence of stablecoins.
Bitcoin and stablecoins aren't even in a competition. They have their own purposes. Sure stablecoins are "stable" in price, but it's not a non-correlated asset like bitcoin and gold are; which is one of the main advantages of bitcoin- being unprintable in mass amounts like the fed does with fiat. Stablecoins just makes sense right now because the economy is currently fine in the US. In the end, bitcoin > stablecoins > bank fiat I agree, they have different purposes. Stable coins is much needed in transactions to gain assurance and quality. But the bitcoin is much more faster and easy to use in transactions. It is unprintable and can send digitally without any conflict. So whenever you've given a chance to choose the platform in your transactions, always remember that bitcoin is much easier and faster. |
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Bybit's already mobile-friendly enough in my eyes. They've got the mobile site ironed out pretty well, with nice large buttons so you don't fat finger things, and there's four separate tabs for charting, trading, positions and PNL respectively. Pretty sure Bybit's coming out with an official mobile app as well, which should improve things further.
Something else Bybit seems to lack that Bitmex has is quarterly futures, which I know many people take advantage of. Not as big of a deal for me, but it could potentially be a dealbreaker for others.
I agree with you, Bybit is easy to use and user-friendly. You'll not be confused when to tap or click. Because the buttons are separated perfectly. But there is also a difference between Bybit and Bitmex. As what you've said, it can see future states for you to plan and choose your decisions. |
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"A bar of gold retains its value, even in times of crisis. This makes it the opposite of "shares, bonds and other securities" all of which have inherent risk and prices can go down. Can a bar of gold still retain its value in a prolonged global financial crisis or global disaster? I have my doubts. Any wise person will stockpile other things like foods (with long-shelf life Ofcourse), small torch, batteries, herbs, etc. They will be in great demand if crisis is in global scale. Bitcoin/cryptocurrencies could be good way to store value if internet isn't affected. Hopefully it won't be a global thing. I agree, there's so much more important things than a bar of gold. We can live without it, because the commodities are much effective in survival during crisis. But the sad part is that, we can't store them without buying those things. We can't get them for free before the crisis starts. So technically speaking, a gold is also a factor in surviving when system collapses. |
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I believe knowledge is power and this also applies to any ventured investment. Understanding one's indigenous environment first can help to establish and harness strategies on how to dispense information about bitcoin especially on the country economic stronghold amidst exploring the vastness of trade and building currency value. Finally, creating more platforms like this and involving the indigenous media with the true value that bitcoin as a crypto portrays will be of great economic help to the community and the nation at large.
Sharing the knowledge about bitcoin is a real thing. This will help the bitcoin economy to rise and develop. We need first to inform them the ability and power of the bitcoin to their place and they can do to it. They are also a big factor and big part when it comes to developing and spreading the cryptocurrency. If they know its importance, they will also know how it can help them. |
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The link you shared is very useful for those beginners who find trading bot that is suitable and effective for them. But I agree in the GUNBOT, it is very easy to use and very efficient when it comes to trading bot. There are a lot of trading bots in the link and it's up to you if you want to learn and experience how to use it. But before you try those trading bots, observe, search and explore first on what is the function of that program. |
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I can only hope that most of the members of the Bitcoin community or of the larger cryptocurrency community joined the bandwagon because of these ideas. My hunch however is that more than half of the members of these large communities around the world are joining these communities for the sake of money or of profit. They seem not to care about these principles really. All they are thinking is that there is money here. All they need to do is buy and wait and the profit will be coming.
This in itself is already a big obstacle for the growth of Bitcoin and cryptocurrency.
Bitcoin controls people, I agree that many people tried bitcoin just gain a lot of money. They joined communities make them as their source of profit so that they will become richer. That's not the main purpose of the bitcoin. They don't consider the goals of cryptocurrency such as easy transaction and payments. They just focus on making money. They don't care about the goals, they just about their success. |
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I will recommend and vouch ledger nano s for you. I've been using this for almost 2 years now and everything is still safe and sound.
About the OTG thingy I can't confirm it because I haven't tried it yet because I don't have OTG connector for my mobile phone and I mostly do my transactions on just my pc alone.
Same here, I've been using ledger nano since last last year and I've never experience any difficulties nor any problems using it. I assure the security it can give to your funds and you will never regret buying/using it as your trusted wallet to hold your investment. Agreed with that, nano is very useful and effective. I've been also using it for a year and i'm safe. I always use my pc for more secure wallet and to prevent problems or conflict. It is efficient in transactions because it is a trusted wallet, you will have a successful transactions to gain more profit. |
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Never heard of this exchange platform before. But if you are looking for a successful platform, you just don't look at the number of registered accounts. You also have to see how liquid that exchange is. Obviously with referral or affiliate programs being offered, many are going to try their best to sign up as many as they can.
I agree, you shouldn't based on the number of registered accounts. It's just the frontline of that platform. Many exchange platforms are there that have many registered accounts. It's not the right factor to consider. It is the quality and the efficiency of the exchange platform. A lot of platforms are successful that have many registered accounts but not all. |
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First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!
Can crypto make millennial more screwed or otherwise? Let’s discuss!
Since they like playing video games all day, they will treat bitcoin as a game also. But video games are digital, and bitcoin is also digital. They can apply their knowledge about the strategy that they learned in video games. Unfortunately, it is not related on money, so it is useless. Bitcoin will make them more lazy and unproductive. They will just wait for the price of bitcoin to rise. They will not think critically on when to trade to gain more profit. I think bitcoin will get them more screwed. |
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If Bitcoin is supposed to be a safe haven, why is BTC price keeps going down, down, and down while the world is on fire. The news that Turkey just invaded Syria should be positive news for Bitcoin. Oh, Iraqis going at it, Hong Kong, Haiti. What's going on folks? In a sea of red today, DECENTRALAND (MANA) price is up 4.5%. We should know how the bitcoin behaves in the market. Bitcoin can use in the black market doing unnecessary things. It price goes down and down and down because of low demand. It has nothing to do with decentraland. It is about the market and the demand, for further knowledge try to check the graphs. |
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Indicators are only for reading graphics, I often see and read them, but they are not useful for the price of coins in the market, I often use my own analysis much better than seeing other people's indicators.
Using your own knowledge is really much better. I agree with you that indicators really help for reading graphs. But they also have a factor in crypto economy, but not that much effect. Just analyze it by yourself only and understanding it will help you to gain more profit in trading. Good decision making is the key in an ideal transactions. |
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Some say that dollar is weak and getting weaker.
But dollar is still strongest currency.
Look at the stable coins like : pax, usdc, usdt true usd and more... They are pegged with usd.
But how many stable coins are for euro or other currencies?
As people spreading rumours that dollar will collapse and losing dominance, i see different.
My main question is what makes usd so dominant?
And why the euro value is higher then usd but USA dollar is still dominant, do you think that usd will be replaced by euro?
What's Ur take on that?
Yes, dollar is still the winner above all currencies. It is getting higher wnd higher rate than the other currencies. i think euro will get there very soon. But for now, we can all see that euro can't defeat usd. It's a sad part for the euro. |
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Would be nice to start a conversation of your first thoughts about bitcoin. When did you read about it the first time? Did a friend tell you about it or what happened? What was your first thoughts and what is the change in your mind of this topic today?
The first time i was confronted with bitcoin, a friend told me about it. He told me it is a new currency, but he did not understand how it works or how to get it. So we started to watch a youtube video to understood this new thing. No one of us understood the technical part, but it sounds really interesting. After some days we talked again about it and both of us was infected with Bitcoin.
I think there is no change about this topic for me because there are to many new things to read or talk about. maybe it is more worse than the first days, but i like to inform me and read news about this topic. i do not know if this is for ever, but today i love bitcoin and hope there will be a day we all could pay with it at a supermarket daily.
At first I don't have enough knowledge about bitcoin. But once I tried and i learned a lot and I gain so much experience about earning money. But you shouldn't see bitcoin as a ladder to become rich. Just use bitcoin in faster and effective transactions. |
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Coinmarketcap is not the only tool to check gains and loser you can also use coingecko.com and this is not the only use of this if you want to find those massive price drop you can use that tool to find a potential coin which drops a lot then believe that coins or token will increase again back. This is what I'm doing to make a big profit but not always lucky there times that you can be lost.
Coingecko is effective and easy to use. It shows the chart when the price varies. You just need to wait for the chance when you will find the potential coin. This is not stable, you should take the risk or lose tha chance. Think of it wisely. |
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Ok, do you think the complexity of public address affects the economy of a coin or a chain? For example, if bitcoin had an easy to remember the address, would it be adopted more readily? The same question is valid for ETH, of course. People are irked by complex addresses and one of the reasons old folks are not into crypto is because everything is too complicated, as they are not computer age people like us. They like it simple and I tend to think that simpler addresses would help them adapt, and improve the crypto economy. I found this site because a friend recommended it and all I did was enter my email and reserved a good name for myself. I am one of the people who missed the .com craze because I did not care to get a good domain name, although I could because I knew about it, now I am not gonna miss that one. Having less complex addresses is a hassle for you. So use a lesser characters in names to promote much safer and easier transactions. Easy to understand address can prevent loss and provides assurance in the transactions. You'll not confuse yourself about the addresses and also the other people. Simpler address will do and helps develop the crypto community. |
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With more and more countries moving towards gold, one major question has arisen: how exactly will we measure value in an increasingly digital world, and what will take the place of the “gold standard”. Some financial analysts are suggesting Bitcoin (BTC) as the obvious replacement, but what actually needs to happen for Bitcoin to take the place of gold, and is Bitcoin (BTC) actually up to the task? Bitcoin: the cryptocurrency Gold StandardBitcoin is already recognized as a kind of Gold Standard for cryptocurrencies. Bitcoin (BTC) was started in 2008 by Satoshi Nakamoto, largely as a response to the need for a new, decentralized financial system. 2008 was a pretty difficult time for the world’s financial markets – with a global recession, bank bailouts and failing economies, Nakamoto realized that the need for a currency that was not controlled by a central entity (government or bank) would change the future of the financial world forever. Until relatively recently in human history, gold was the ultimate commodity. Stable, scarce, and divisible – gold represented everything that makes up the principles of “good money”. Societies have risen and fallen, but gold has always remained constant. How could Bitcoin replace gold? In the 21st century, trade is no longer being driven by a physical exchange. Bank transfers, eWallets, and now cryptocurrency transactions mean that we hardly interact with physical cash at all. Modern society is a digital society, so wouldn’t it make sense for our new “gold standard” to be digital too? A new report by Grayscale Investments, argues that Bitcoin actually possesses a “better composition of ‘good money’ qualities…”, almost tailor-made for the new, online economy. The report states that Bitcoin is scarce, verifiable, durable, portable, divisible, fungible and recognizable, just as gold is, only in ways that make more sense for a digital world. With that being said, Bitcoin is still very much in its early adoption phase – it might not seem like that, but in reality, it hasn’t existed long enough to reach the level of recognizability that would be needed for it to become the new global gold standard. Bitcoin is still relatively volatile compared to gold, although it is still the most solid cryptocurrency. Still, should Bitcoin reach the $300,000 mark, there’s no denying that it could very well become the new gold standard. And, quite frankly, a digital gold standard makes far more sense for a digital economy, than a physical gold standard does. If you want to get really into it, here is a debate between Anthony Pompliano and Peter Schiff. If you want to really, really get into it, you can buy Bitcoin through exchanges and trading platforms like eToro, Binance or Kraken. So, what needs to happen for Bitcoin to take the place of goldBitcoin needs higher adoption rates, increased stability, and an increase in value before it will truly be able to take over as the gold standard – but that’s not necessarily far off. Considering that more than $68 trillion in generational wealth is set to change hands in the next 25 years, and the majority of the new wealthy will be millennials who are more inclined to put their money into Bitcoin vs gold, we very well might see the rise of the Bitcoin gold standard sooner rather than later. https://zycrypto.com/what-needs-to-happen-for-bitcoin-to-take-the-place-of-gold/This will promote argument about bitcoin and gold. But Gold is a tangible currency while the Bitcoin is just a digital currency. There's a lot of difference between these two, like its value. Bitcoin is less hassle because you can send it digitally around the world. Gold is just a precious metal and just keep in mind that the Bitcoin is much easier. Although you can store both of it, but Gold is more stable in value. |
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