How the effects of the global coronavirus epidemic will play out in the crypto markets remains to be seen but as digital gold and as an alternative currency, bitcoin looks well-positioned to withstand the potential storm ahead.
Bitcoin will follow stock exchange. When Dow Jones will go sub 15000, Bitcoin will go sub $5000. Difference will be that Dow Jones will need years to recover back to 30000 points, Bitcoin will need few months to get back to $10000. Yes, the coronavirus will most likely trigger recession and a stockmarket crash beside many other crashes. |
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Glede na to da bodo še malo hitreje volitve kot bi moral biti me zanima koliko se bo kej govorilo v predvolilnem boju o Kriptosvetu. Špekuliram da bo ...
Dve leti sta naokoli. Na žalost ali pa na realnost se ni nič zgodilo, kar smo si takrat želeli. Cerarjeva vlada je presenetila verjetno vse z svojo aktivnostjo okoli kriptovalut. Sigurno največji razlog je bil 2017 bull run. V Šarcevi vladi se niti ni zdelo da kripto obstaja. To nebi bilo nič narobe, če nebi ta vlada na veliko zapravljala na vseh področjih. Kar se ponavadi da ko si na vrhu gospodarskega cikla. Torej pred nami je nova vlada. Vlada nekoga ki je že 30 let pri koritu, kar verjetno pomeni da se ne bo nič spremenilo. Po drugi strani je pa pred pol leta na Celjskem obrtnem sejmu zatrdil da vidi v digitalizaciji in blockchain tehnologiji prihodnost Slovenije in predlaga, naj vlada uvrsti digitalizacijo med prioritete slovenskega predsedovanja EU leta 2021. Torej sedaj mu ne bi bilo treba tega več samo predlagati.  Torej moja vprašanja so kaj lahko pričakujemo od nove vlade? Ne dvomim da bo več debate o kriptovalutah kot pri Šarcu, manj že en more biti, ampak koliko več? Glede na to kaj vse obljubljajo, bo ostalo kaj denarja za kripto četudi ne bo še recesije letos? Ali je edino upanje da se v Slovenskih vladah kaj spremeni Bitcoin 2022 bull run? Mal si se zatipkal. Pravilno se napiše 2021  Indijci so nazaj v igri, kar bo gotovo pospešilo zadeve... Sem dal na 2022 če bo slučajno recesija udarla konc tega leta in bo mal trajal da se vse nazaj postavi na pravo mesto. |
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Glede na to da bodo še malo hitreje volitve kot bi moral biti me zanima koliko se bo kej govorilo v predvolilnem boju o Kriptosvetu. Špekuliram da bo ...
Dve leti sta naokoli. Na žalost ali pa na realnost se ni nič zgodilo, kar smo si takrat želeli. Cerarjeva vlada je presenetila verjetno vse z svojo aktivnostjo okoli kriptovalut. Sigurno največji razlog je bil 2017 bull run. V Šarcevi vladi se niti ni zdelo da kripto obstaja. To nebi bilo nič narobe, če nebi ta vlada na veliko zapravljala na vseh področjih. Kar se ponavadi da ko si na vrhu gospodarskega cikla. Torej pred nami je nova vlada. Vlada nekoga ki je že 30 let pri koritu, kar verjetno pomeni da se ne bo nič spremenilo. Po drugi strani je pa pred pol leta na Celjskem obrtnem sejmu zatrdil da vidi v digitalizaciji in blockchain tehnologiji prihodnost Slovenije in predlaga, naj vlada uvrsti digitalizacijo med prioritete slovenskega predsedovanja EU leta 2021. Torej sedaj mu ne bi bilo treba tega več samo predlagati. Torej moja vprašanja so kaj lahko pričakujemo od nove vlade? Ne dvomim da bo več debate o kriptovalutah kot pri Šarcu, manj že en more biti, ampak koliko več? Glede na to kaj vse obljubljajo, bo ostalo kaj denarja za kripto četudi ne bo še recesije letos? Ali je edino upanje da se v Slovenskih vladah kaj spremeni Bitcoin 2022 bull run? |
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Good news for bitcoin from India, should other countries also follow the suit?
There is no government that like Bitcoin. In countries where they will prohibit the use of Bitcoin, the case will go to the court. There will be no exceptions. Some governments are smart enough to see they cant prohibit it. Case will be on court for years, depending how fast court works in different countries. Rulings will be mostly the same. There will be almost none courts that will agree with governments. Difference is what will governments do then. Some autocratic governments will ignore court rulings. I have in mind here China, India, Russia, Turkey. Other governments will simply have to implement Bitcoin in their proposed laws. The same will be with nontraceable ledger cryptocurrencies, that so many are afraid their governments will ban them. It will take some time in some parts of world, but eventually all will be free to use. |
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Much to my surprise 2 years after Bitconnect shutdown, it's blockchain apparently has remained up and I've gained
50 BCC tokens in staking it on a server that I use as a multimedia SAN..
It just tells you how strong are cryptocurrencies. Once protocol exist some time and bugs are fixed, it can just work forever. Bitconect was a simple bitcoin clone, so protocol was tested for 7 years. They added thsi saking you talk about. Nothing that hard and nothing you would expect many bugs out of it. |
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Top Chinese exchanges: Binance, Huobi and Justin Sun's "influence" (we can imply he owns a big stake) over Poloniex have colluded among each-other, in a backdoor meeting, to overthrow the process of Steem's voting.
I dont understand why people are surprised about this. Considering what usually happen in crypto after such bad news then we should expect the price should go up. Prof of Work still kick ass! |
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https://offthechain.substack.com/p/eth-is-no-different-than-a-fiat-currencyI just read the article above and would like to know whats your take on this. For me it seems true that Bitcoin is much more decentralized than Ethereum and so, much different than fiat money compared to Ethereum, still Ethereum aim is to reduce Eth issuance and it's much more transparent than fiat money. I would say Eth it's not so different as Bitcoin but still very different than a fiat currency and more decentralized. Most of ETH was printed and sold in ICO for a low price. It is very different then Bitcoin and also different then how fiat is made. Fiat is also printed, but sold for fixed price that decrease over time. Point of ETH is to secure asset platform. Point of fiat is money. Same as point of Bitcoin is/was being money. |
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They say their supply is algorithmically limited at 4% per year to prevent runaway inflation.
Their basic setup is an open source blockchain utilizing proof of stake.
That is totally fine. Bitcoin right now have around 3.6% and I dont see any serious inflation pressure. Bigger problem is Proof of Stake and how they will just print tokens at start. |
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Why is the EU bankrupt
EU is not bankrupt. It actually have no debt at all. EU simply divide what they collect from its members. They dont borrow or lend or whatever. Countries in the EU have debt and most possibly some of them after this recession will be on brink of bankruptcy. But overall on average are way from other high in dept countries. EU has money, but the problem is, is that it is being blackmailed, by its savage neighbors, erdogan wants money putin wants money assad wants money from the EU, although the EU had nothing to do with syrian civil war. world is full of savages, and those that have money (EU) are getting blackmailed all the time. Yes. EU have money to use every year. What members of EU contribute. But OP claims that EU will bankrupt. You cant bankrupt if you have no loans to pay off. EU have no loans. EU can never bankrupt. It can cease to exist when its members will see no reason for it to exist. So far everyday are more reasons to exist. You mention Turkey, you mention middle east, you mention Russia. You forgot to mention China and USA. Lets not forget Africa. Most of countries in EU on their own are nothing. Few countries in EU on their own are something, but nothing compared to what EU is. Countries just need to cooperate in almost everything. Together do space program. Together develop weapons. There is no need that France makes own tank or submarine or fighter jet and Germany builds own and Spain builds own. We will all build one together. EU is here to stay for a very long time! you are wrong, the members are bankrupt not the EU. Then I am right. EU is not bankrupt as OP claimed. About different European countries you are right. Some of them will have serious problems after this economic crysis. But so will have a lot countries allower the world. That is how economy evolved in last century. A economy of debt. Not just on country level but everywhere. Here you have European countries debts. All with less then 50% should be fine. All over 90% will have serious problems. And standard in those countries will decrease a lot. https://www.statista.com/statistics/269684/national-debt-in-eu-countries-in-relation-to-gross-domestic-product-gdp/ |
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Can corona virus or any other epidemic disease can collapse Banking?
Imagine Corona virus or any epidemic disease affected globally. As a result, all the economy will be affected and people will face hard time. Will not it bring an affect in economic balance? Which will turn into high inflation globally and it will result collapse of the banking system. Will it? In my country, the situation is getting worse for product which we are depended on China. I can see a significant inflation here if Corona Virus issue continued.
Yes. But just as a trigger. Reasons why current economic system will collapse are elsewhere, but those reasons need a trigger. The fear from corona virus and with that fear, the closing of borders and stopping the trade can make it happen. Current economic system will collapse sooner or latter. It could be this year. in 5 years time or in 20 years time. |
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I don't get, so any project that doesn't reveal it's GitHub link to the public are all scam? Or simply have something big to hide? What is the best way of finding GitHub of projects?
As I said, there are projects that operate differently. Bitcoin and Monero are opensource projects. All their code is fully available fro everyone to see or copy. Then there are companies that usually crowdfunded money through ICO. And gave tokens or coins for that founds. Many of those companies keep their code private. |
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germany and eastern europe have a very clear logic what a nazi is; thats a nation thats puts its national interest over other nations, and acts rouge. eastern europe and germany together therefor think that uk and all exiteers are nazis.
germany will side more and more with eastern europe against all those who abandon the EU.
It is not. Nationalists are very strong in east Europe. Way stronger then in UK. Why? Because big % of citizens of UK are not England natives, but people that moved to England in past centuries. East Europe is nationally homogenise. There is tiny % of people that dont belong that nation. Nationalists or you can call them also neo nazis dont glorify their country but their nation. If you have citizenship of their country but you dont belong to their nation they will push you away and denies you equal rights. Every European country is supposed to side with those that are part of EU toward those that are out of EU. That is totally logical. But also every country that is in EU will have to present some standard's that we all together decide. That is how communities work. Nationalism for sure dont help here. But I am sure all EU countries will overcome that. Europe was continent of constant wars for 1000 years. That had changed when EU was formed. nationalists in eastern europe are in truth communists pretending to be nationalists, It is same all over the world. Central Europe, West Europe, East Europe. Difference is just that in East europe because of not that long democracy tradition it is much easier for them to manipulate people with fear and hate. They are just politics that want to seize government and control. Most dont have any really strong believes beside that. They just use hate and fear to get that power. All of them will call everyone beside them a communist. Even if the guy was born after communism ended. |
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This is just my own personal thoughts about privacy coins, we called XMR and others the best privacy coins and we still send them to exchange to trade, once you trade for other coins you are trackable, how is this an anonymous? No it's not, I think for coins like Monero to maintain their privacy they should have their own ways of converting into other coins without any third parties
There you have it, here is another for developers who are out of idea for new use cases, how about a privacy coin with inbuilt swap on their very own blockchain without involvement of centralized exchanges.
Difference between Monero and Bitcoin is that once you withdraw Monero from an exchange no one can link it to that exchange back. When you withdraw Bitcoin, everyone even after 10 transactions can track it back to that exchange and can ask them for your identity. This makes using Monero very anonymous. If you buy Bitcoin anonymously and dont link coins to your identity you are totally fine. With Monero you don not need to worry abut that. With increased regulations and mandatory KYC Monero will become only more and more useful. But this is not the most important thing. The most important thing is that when you use Monero, no one knows where you got your coins and how many you have. Imagine you go to a vacations in foreign land and you buy a drink with Bitcoin. That bar waiter will know how much coins you have and where you got them. Sounds really scary to me. Atomic swaps of Monero with other coins will be available when they will be developed. Currently Monero have other priorities. More people that will donate to Monero development. Or more developers that will decide to develop Monero for free faster the atomic swaps will kick in. |
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germany and eastern europe have a very clear logic what a nazi is; thats a nation thats puts its national interest over other nations, and acts rouge. eastern europe and germany together therefor think that uk and all exiteers are nazis.
germany will side more and more with eastern europe against all those who abandon the EU.
It is not. Nationalists are very strong in east Europe. Way stronger then in UK. Why? Because big % of citizens of UK are not England natives, but people that moved to England in past centuries. East Europe is nationally homogenise. There is tiny % of people that dont belong that nation. Nationalists or you can call them also neo nazis dont glorify their country but their nation. If you have citizenship of their country but you dont belong to their nation they will push you away and denies you equal rights. Every European country is supposed to side with those that are part of EU toward those that are out of EU. That is totally logical. But also every country that is in EU will have to present some standard's that we all together decide. That is how communities work. Nationalism for sure dont help here. But I am sure all EU countries will overcome that. Europe was continent of constant wars for 1000 years. That had changed when EU was formed. |
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I wonder something else. What if Trump die after corona virus. Who will be Republican candidate for presidential elections?
Yeah this might be the dumbest take I have ever heard. Trump is not going to die from Coronavirus...the chance of him getting it are next to nothing and the mortality rate is something like 8% for those over 70. Trump also has the best healthcare in the world at his reach. Trump dont look to me like a guy that wash his hands that often, so I would give high chance he gets infected early. Specially since Republican rally's will get more and more often as we move closer to elections. 8% is not that low. But on other hand he is getting closer to 80 years where mortality is over 15%. |
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Best way to compare development activity is coingecko https://www.coingecko.com/en?view=developerThey also have social media activity of all coins. But you always need o be cautious when you compare, since development of coins is happening differently. Best is to take very long periods of time. |
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Why is the EU bankrupt
EU is not bankrupt. It actually have no debt at all. EU simply divide what they collect from its members. They dont borrow or lend or whatever. Countries in the EU have debt and most possibly some of them after this recession will be on brink of bankruptcy. But overall on average are way from other high in dept countries. EU has money, but the problem is, is that it is being blackmailed, by its savage neighbors, erdogan wants money putin wants money assad wants money from the EU, although the EU had nothing to do with syrian civil war. world is full of savages, and those that have money (EU) are getting blackmailed all the time. Yes. EU have money to use every year. What members of EU contribute. But OP claims that EU will bankrupt. You cant bankrupt if you have no loans to pay off. EU have no loans. EU can never bankrupt. It can cease to exist when its members will see no reason for it to exist. So far everyday are more reasons to exist. You mention Turkey, you mention middle east, you mention Russia. You forgot to mention China and USA. Lets not forget Africa. Most of countries in EU on their own are nothing. Few countries in EU on their own are something, but nothing compared to what EU is. Countries just need to cooperate in almost everything. Together do space program. Together develop weapons. There is no need that France makes own tank or submarine or fighter jet and Germany builds own and Spain builds own. We will all build one together. EU is here to stay for a very long time! |
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What the crypto projects (any type you can think of crypto projects), are doing in order to achieve mass adoption?
Is there any group of projects working together in order to achieve this social and specifically crypto goal?
If all the different crypto projects were more coordinated and united this could be achieved soon or at least each month the whole crypto could have some positive progress.
Bitcoin is just money. There is nothing to promote. Companies that provide services for those that use Bitcoin usually compete. So they cant together promote their product. They promote it by them self. |
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Sell price should be over $100k and not before end of 2021 or as it all looks like in 2022 or even a year latter. Price of Bitcoin will not go over $20000 in 2020.
100k!!!whats your reason and view for that price?and i think after halving we going to have a big dump for btc! My reasoning is just previous prices. So repeat of what already happened in past. Halving is only few months from now. There is no reason why not to see huge Bitcoin price depreciation. We could also have recession soon after. But that dont change that 2023 is two years away. |
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