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I doubt that all of the coins that goes into the airdrop will end up in the 'rightful' people's hands. I.e., the people who are supposed to adopt the tokens as a means of payment or continue to use their network.
Almost everyone will be seeking to cashing out their Keybase and other airdrop earnings instantly as they receive it, which means that adoption will likely not increase linearly with the amount of airdropped coins.
But I doubt that centralisation will be deteriorated as a result - it will be stagnant at worst.
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The sheer lengths that these people are willing to go to in order to discredit and slander BTC in the slightest way  It's obvious what they are presenting is a fallacy, but when presented to the untrained eye, they can obviously fool some people and inspire FUD regarding the crypto market not having sufficient liquidity to fulfill everyone's transactional needs. The truth is really the opposite - cryptos are much more liquid compared to even forex to the average consumer/investor, with much lower spreads and faster clearance times - you name it. |
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Yes you are right, this is one of the big disadvantages of icobench which has to also do with some other ico rating websites. The so called rating professionals are manipulative this means no one can be really trusted, even the so called professionals
Professionalism and reliability are simply not synonymous of one another. You can have the most professional looking site with the best staff or whatnot, but if your business model was based off giving biased reviews and taking a fee for doing so from the get go, then there is really no positives from being professional alone. ICObench is one of the better ones, there are other more notorious ones out there. |
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I think that we'll see similar conditions for sure.
Halving has always been positive on the market forces, as it inspires confidence from investors psychologically but also creates increased scarcity for newly minted coins, which obviously impacts price in a positive manner.
However, given the state of the market, as I said before, expect the pumps to be significantly lower than what was seen after the 2016 halving.
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I have to think there is indeed some kind of correlation, even tho I think that an event as predictable as a halving *should* be incorporated into the price well before it happens, but I just don't know if that's the case. I thought the same thing last time and the price rose afterward. The idea that events can be "priced in" at all is a fallacy. Markets aren't that predictable. Price kept rising post-halving because of supply and demand. That's an annoying answer I know, but let's just say supply and demand is a lot more complex than halvings. A halving is just one variable in an endless sea of variables that determine the price. Absolutely agreed. If markets were completely rational then every event should be priced in - and there would be no short term volatility whatsoever due to foreseeable events. I expect the halving next year to have a similar psychological effect on investors as it did 2017, albeit on a much smaller scale. We are unlikely to see 4 digit percentage levels of growth again due to the expansion in market cap, but psychologically, there is still significance. |
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The thing is though, how is self exclusion going to work with an anonymous site?
You can already request on the majority of sites for your account to be suspended voluntarily, I think. But what good does that do when you can come back to the same site under a different name and/or sign up to a multitude of other dice sites that offer the same product/service?
It seems quite infeasible to me and is one of the fundamental flaws that has to be accepted with crypto gambling. Legal suits seem even more unlikely given that a lot of these casinos are incorporated overseas in havens, or even not at all.
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Survey done.
I personally would diversify into different fields of gambling gradually, but starting with the classic dice. I think that is still the most popular, but people nowadays want to get more enjoyment out of their money than just the dice alone.
Perhaps a site with multiple modes of betting, sort of like what Bitsler and Stake has going on. Sports betting is a huge plus as well, but it would be difficult to pull off especially if you don't have the necessary licenses and connections.
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Very interesting.
I think that almost all altcoins right now are going to be a good buy, if a BTC bull market in 2020 is a given. However, with the current state of the crypto market and the bearish sentiments, it's hard to say when exactly the actual bull market will kick off.
TRX is one of the coins that has had success in the past but the hype has died down significantly. If they can make positive developments still and keep the community strong between this period of bearishness, then I think triple digit ROI in the medium term isn't impossible.
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Probably just first in a series of countries to do so.
Australia is trying to limit cash use as well, with more and more limits imposed on cash deposits and cash based transactions. This severely limits the utility of cash, which seems like a good thing on the surface, but really takes away some of the fungibility and reliability of the payment system.
This could be an area where BTC could fill in once again, re-creating the fungibility that cash once had.
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Definitely. I think that it's a global trend as well, given the fact that we saw similar things in Australia being reported with retirees favouring bitcoin and other cryptos within their respective retirement portfolios.
It's really a great way to balance out the risks and rewards of any portfolio, when done in moderation.
If an ETF can be approved, which is unlikely at the moment, then adoption in such form can increase even further.
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A hack or an internal issue that resulted to data leakage won't simply translate to the "cryptospace" being unsecured not unless the crypto news websites would inflate their news again. BitMex already admitted their carelessness here and I assume that the regulators/authorities would simply try to change their enforcement or process when it comes to security and data protection for businesses related to the industry just like what Japan has been trying to do for several years now. Of course what they want is the continuity of the industry and they will try their best for their citizens to keep it as safe and secure possible for them and for their hard earned money.
Absolutely. But the point here is that news sites will sensationalise things so much that something as minor as a website hack will be attributed to the lack of regulation in the entire cryptospace or whatnot. It's unfair, really. They're placing so much emphasis on this, yet ignoring countless credit card frauds every day. |
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There's an obvious reason for that - the ICO market is simply lacking hype that was surrounding it back in the days where funding was easy to obtain.
People are becoming more and more aware of the scams in ICOs, and as a result, even legitimate projects are under more and more scrutiny as the days go by. That's just the harsh fact of it all, there is really no way around it for investors and coin creators alike.
It's unlikely that we'll return anywhere near the hype experienced in the 2017 bull market. So expect lots of caps, soft and hard, to go unfulfilled.
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Well, that was a bull trap.
I don't know why there was so much resistance at $10k, but for whatever reason, the resistance is certainly and undeniably there. I think that prices should head lower now given that we're likely going to retest support at $8k once again with a lack of bullish momentum.
That's not to say that people should all of a sudden start panicking or whatnot. They should absolutely not. With the halving coming un and the improved fundamentals, there is really nothing to worry about honestly.
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I doubt that they'll reverse all of the progress they've made in terms of driving out BTC and other cryptos this soon. It's simply unreasonable to think that they're going to do a complete 180 on this.
This is likely just a precursor to their national crypto or whatnot that is up and coming, and nothing to do with BTC. In order to support their national crypto, the regulations obviously have to be relaxed temporarily to allow for it.
They can just as easily place a ban on mining any coin that's not their own once again. Although the enforceability is obviously questionable.
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I can confirm that I received both repayments for a total amount of 0.0055 BTC. Thanks so much for repaying early. The loan has been repaid in full, so feel free to lock the thread. |
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The crypto market is decentralized, we live here as anonymous and free and we love it! But this KYC process is killing the anonymity of crypto! To invest in a good IEO you need to verify KYC, to do a good bounty project, you will have to go through KYC! But why? You guys are doing nothing with our KYC, then why you keep asking our identity? A selfie by holding my ID card, wtf! Did we ever ask you to verify your KYC when you launch a project/bounty? Why you are not coming with another option where a freedom crypto member doesn't need to show his face?
Ok, guys, now my question to you, Have you any idea what can be good to replace the KYC method?
No. It's not up to us to decide whether or not KYC is required. It's completely up to the regulators and the governments that back these regulators, and their general attitude towards BTC related services is certainly not positive. There are always going to be some unregulated exchanges that are present that allow you to trade without KYC. But then of course the question presents itself, whether or not you are willing to take a risk with such an exchange. I think this is the reason why decentralised exchanges will be popularised in the future, given that somehow fiat can be integrated. |
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I keep getting these emails that offer no deposit spins, but they absolutely require a deposit. you shouldn't call something "no deposit" if it requires a deposit. that's like saying "free for only $9.99!" https://imgur.com/a/0ZWslECthoughts? It's bordering on false advertising for sure. But common sense should tell you that this deal is too good to be true, because of the sheer amount of free spins that they are offering. Besides it seems like common practice within the industry to offer free spins that later on require a deposit to materialise your earnings. Just unsubscribe or place these emails in spam, because they add no value whatsoever. |
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Why would you think that this will all of a sudden propel adoption worldwide to a new level? Doesn't make much sense to me if you put it that way, because there are already a ton of regulated exchanges that do the same thing in terms of allowing its users to trade fiat and whatnot.
I actually think that Binance is going in a potentially dangerous direction that will expose them to more regulatory pressures.
They used to deal exclusively in cryptos meaning that they can allow anonymous users a nice 2 BTC daily limit without verification. But once they start accepting so many fiats as deposits, I'm not sure if that's still possible.
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I wouldn't say that it is a myth, but rather something that is not very easily achievable.
There is bound to be some degree of centralisation here or there along the way of using even decentralised cryptos, whether it's on the exchanges, trusting a third party to hold escrow, etc.
Sometimes, these central points don't necessarily need to be eliminated despite traditional outlooks. From a pragmatic standpoint, it's unlikely we'll ever see a system that can be truly decentralised, because that's not feasible.
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It would be an absolutely terrible idea for anyone.
Telegram communities are full of shills, first of all. Not only that, the admin has power to delete all messages that are contrary to the agenda that they are pushing themselves, which leaves room for tons of abuse.
A community should just be a forum for discussion, it should not be the judging or decisive factor in looking at a altcoin project or ICO.
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