I am creating a money supply which distributes duration to addresses but need a way to verify each person has only one account would you give your fingerprint or eye scan for a fair money supply? see https://en.wikipedia.org/wiki/Time-based_currencyYes I would. Since we all are still going to die someday, why won't we try something new for a change of our lives? You shouldn't always believe on those conspiracy theories. well i would do it too if its worthed and there is nothing to lose why not. Kyc is needed to ensure no one cheating and using dual account, so as long as its safe and worthed i think kyc is not a problem at all. |
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I think everyday trust toward to the money is rapidly depleted, and people will finally realised how ignorant and gullible they’re to just earn the IOU garbage fake money, do you think crypto will trigger the complete bank run? Or any other delusional store of value that we don’t know yet?
Well i believe bank are still essential instrument in our economy and many businesses are depends on it. I do agree that crypto seems to be a breakthrough for many case of economy but still i do think its still to early to say that we dont need bank, but who knows in future when so many fintech that developing many things i do think there is a chance that we dont need bank anymore. |
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I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.
Whats your thoughts about this?
Well i do think it would be wise to not give anyone your identity, the reasons is: 1. first it would be use for crime 2. Someone could possibly take important things from your identity such as date of birth and etc. 3. it might be not worthed at all to participate in airdrop that required KYC 4. They might use it for spamming your account and send you malicious link and virus. |
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According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
no i dont think so, i believe goverments are wanted to control everything especially economy and i do think bitcoin are not able to be controlled so i dont think bitcoin are created by goverments. But still we dont know for sure who is satoshi nakamoto. |
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The bitcoin behavior this year is mimicking 2017. Has anyone seen what I have been seeing? I think the bitcoin is following the same path of 2017 with a slight difference. If bitcoin gets to the new ATH in December, who's buying the LAMBO with me?  Compare April-May 2017 to now and see what I'm talking about!  Yes for sure the history is repeating itself and i do think bitcoin could reach a new high. This year definetly different compared to 2017, which i think bitcoin have a lot of development and also this years seems to be a year of adoption of blockchain which i think have a good impact to cryptocurrency. |
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What will happen to bitcoin in india. whether it is legal or not.
i believe its still restricted and the goverments are not support bitcoin payments or anything related the use of bitcoin. I do think what happen in india also happen here indonesia which we could buy bitcoin but any risk will ours to bear. So there is no investors protection in my country and i do think india also the same. |
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I do not think Bitcoin is better than Gold and USD. Yes, Bitcoin is the most expensive and influential cryptocurrency of this period. Bitcoin preference is more than all the other crypto currency. Bitcoin acceptability is very high and it is increasing day by day. But it is better not to compare gold or USD with bitcoin. I saw many posts where Bitcoin is better than gold and USD. My point is that Bitcoin is the crypto currency, on the other hand, gold is one of the natural resources and USD is the real currency. So how is Bitcoin compared with gold or USD and is called Bitcoin gold and better than USD? Where Bitcoin Gold and USD are used in various different things and in different fields. Give your opinion.
I dont agree with your opinion. It might be true that gold are more liquid and better than bitcoin. But i do think bitcoin is better than gold in term of investments, gold is so stable and low risk and bitcoin are still developing and full of suprises. So i do think bitcoin is better and will become better investments in future than gold and usd. |
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Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.
1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.
2) The only one Currency not controlled by a government or bank.
3) I will have to ask a general question? Why many governments are classing Bitcoin as a property & not a Currency.
My advice is keep buying Bitcoin and don't look back. Also don't forget LTC.
Well i do doubt bitcoin would have value if big war broke out cause i believe the most precious things would be a primer needs such as water and clothes. second, i do agree that bitcoin is not controlled by a goverment and its good thing but still sometimes economy need to be controlled so no one could manipulate it and it does help poor people to have a decent life. Third i do think bitcoin also an asset and not act as currency cause its volatile and market are the one who decide the value. |
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Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
well i would say there will be chaos cause there is still many flaws that need to be fix but i do still think crypto will be our future but just not now. There is indeed a goverments that support bitcoin, its columbia and what i see is a corupt goverments that are trying to fix the inflation problem by using cryptocurreny and i think its not going really well. |
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Well there is a lot of news about crypto as payments that will happen in 2019. first i do think we have heard about starbuck will accept bitcoin and to make it real they partnered with microsoft and with bakkt. In this year also there is a lot of news that XLM are partnering with bank which will help XLM to be use as a payments item.
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When your economy is not doing well, the inflation is beyond control and the people are demanding for changes...what will you do? Of course, you will print billions and billions of paper money so you have the budget for anything you want and to solve many monetary problems your country is facing today and into the future. Now to make things spiced up and politically correct, you are going to call the printing of more money as "quantitative easing" a term pregnant with many possibilities, opportunities and threats depending on which of the equation you are located. In an interesting article, the author likened this quantitative easing to an additive drug even more potent than the usual marijuana or cocaine you can buy on the street. And now, politicians and bureaucrat are getting addictive into it as their easy fix to solve myriad of problems. Further Read: https://news.bitcoin.com/after-trillions-printed-under-qe-politicians-now-say-deficits-dont-matter/We all know that eventually, printing of more money can result into disaster in the long-run. This is not like a chili pepper hot sauce that can immediately be felt but definitely this is like pawning the very future of the people. yes its true that printing the money is one of the flaw on our economy system, but i do think inflation is caused by so many factor such as export and import of goods and services.i do think we should not blame the printing of money but we should take a big picture what might cause it more widely. Printing a lot of money can not result to better things at all. If people knows that the country is printing a lot of money then the price of every goods will also rise a lot, and the buying power of money will go down. There is no benefit on printing too much money.
I do think sometimes printing money could help the economy of a country but they do need to do it with so much cautious cause it do could impact the economy in negative way. |
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Hello, I'd like to invest in some cryptocurrencies. It seems BCH ETH XRP XMR are the top coins. I have about 3000 eur, in what percentages should I differentiate my investment?  Thanks for your suggestions! I think its better to split it into ETH and Btc or maybe 30% on btc 35% into eth and 35% on XRP. I do think BCH is not good investments cause BCH were so volatile but if you are seek a lot of profit i do recommend you to invest on BCH. I do think you should invest on BTC instead on BCH (just advice). |
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Blockchain could reshape the world! In recent times, blockchain emerged to be one of the most hyped technologies in the industry. Stakeholders, businesses, and startups are looking for means to instil this disrupted technology for better business outcomes. Though in its nascent stage, this technology is on a verge to grow and not cease. However, research is an ongoing process and will continue to take place to see where this technology pans out. The blockchain revolution has grown to heights that even people who aren’t aware of the technology are talking about it and trying to learn how the technology works. But why is it exploding? Have you wondered about the situation? You might not know the extent of what this technology can do. But we can start off by defining what the technology is and how it works. Blockchain technology is used as an online record keeping ledger of verified, encrypted amount of data that can be stored in the form of chains. These block of chains is immutable and cannot be altered by anyone outside the network. The property of secured and unique feature attracts organizations to get involved in the technology making it crucial for industries to adopt it for their product development. For instance, if a transaction takes place, the request transaction is broadcasted to a network (P2P) that exist of many computers called nodes. The node acts as a validator of the transaction that has taken place, this process is done with the help of known algorithms. Once this gets completed, this transaction in combination with other transaction forms a block. This block then gets added to the series of chain that is already in existence, the moment it gets added to the chain it remains unalterable meaning the data cannot be tampered or changed. Disruptive technology taking over the world - blockchain specialist to stay future ready for the disruption “40 years from now, Blockchain and all that followed from it will figure more prominently in that story than Bitcoin will," says Lawrence Henry Summers, former US Secretary of the Treasury. The blockchain revolution is proving a game changer in the industry today. From financial sectors to non-profit organizations, several organizations are putting their bets on this distributed ledger to facilitate business outcomes. It is believed that this technology will impact businesses in every manner opening up business opportunities to investors, not just in the altcoins but even in industries the digital ledger has the potential to alter. As a result, let us look at the following industries where blockchain revolution has taken over: ● The Finance Services The disrupted ledger technology has disrupted several aspects in this industry including hedge funds, vetting of investors, peer-to-peer lending, emerging markets, and venture capital. ● The Security Services It has protected internal and external threats of both natures including digital and non-digital. ● Government Services Implementation of blockchain in several government functions has increased transparency, increase engagement, improved inefficiency and reduce costs. ● Banking It is estimated that there are 2.2 billion unbanked people in the world. Blockchain is said to provide banks that will have a comprehensive customer profile. ● The Education Sector One can find an immutable record of credentialing and course completion. ● Healthcare Customers will now be able to control data sharing with providers or hospitals to have a brief view of the health of the patient. Pharmaceuticals will have improved access to research data for clinical trials. ● Real Estate Flexible sharing economy and the fractional economy will now be possible. Besides these services blockchain has gained a lot of traction in other industries such as transportation, insurance, the food industry, accounting, wireless telecommunication, media, and legal services. These are certain areas that the blockchain technology companies may captivate in the near future. Today, staying abreast in the disrupted technology is one way to cope up with the IT trends. Won’t it be great to have a world with institutional transparency in government and businesses? Well we do see clearly the benefit of using blockchain in every aspect of businesses and i do think the main reasons people use blockchain is to minimize the cost. You can read all about blockchain related use cases on https://medium.com/unibrightio, i do not advetising them but i do see a lot of good article related of blockchain use cases on their medium, so i think its worth to read. |
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Bitcoin is a utility and the utility itself gives the value for bitcoin but that's a little bit different compared with another crypto because some security gets their value based on the how much funds that already raised by the companies. Remember the fact not all of the cryptocurrencies can be determined as utility and there was a lot of them are security and how can you determine that even some securities have the same feature like utility?
Yes I do think bitcoin is the utility and bitcoin value is affected by how much people use it for transactions but i do think there is another things that affecting the price of bitcoin, for example the price of mining bitcoin, the higher the price of power seems affecting the price of bitcoin in the market. So there is many factor that affecting bitcoin, if we talk about the real value i think it would changes as the condition of the market and there no exact value for bitcoin is keep changing. |
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A good investor must be hard working, patient, dedicated, have sufficient knowledge, not emotional, and most importantly have goal. Even if you have all these traits if you don`t have a goal, then most likely, you will end up loosing.
goal and able to take the risk is something essential in investing cryptocurrency. I think an investor should always diversify risks. Even if it seems to him that he has found a very successful asset that can bring him a substantial profit, he should not invest all the money in it. Also, the investor must carefully study the activities of the companies in which he is going to invest.
i dont completly agree with diversify your investment. I do think you dont have to diversify your investments as long as you invest in trusted project with real product. So i do think searching for information is the key on this terms. |
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The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?
I do think there is a lot way to help but i dont think there will be a way to really solve the poverty. We could build training community for a better skill for every individual so they can work and get more money, i believe the only way to fix it is to open more job but its not easy things to do. |
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Future of Bitcoins - What will happens to BTC
When discuss about future of Bitcoin there are lot of Articles on various forums with different opinions and stories. Few of them agree that Bitcoin will remain as it is and has the idea that value of Bitcoin will increase. Some of them say that Bit coins will collapse it's own position soon. What will happen to Bitcoin...?
First i do think bitcoin would never collapse, second i do think by the times goes by we might see the real value of bitcoin and i do think bitcoin price will be much stronger and much stable, third i do think lightning network will be big and and will make numerous transactions of bitcoin. |
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And how do you plan to do that?
There is nothing that we could do it is their money they invested on it just like us.
The only difference is they have a huge amount while we don't.
It is up to us if we would let them manipulate us they could sell their BTC to drop the price but if we don't panic and buy those it would be their lost.
I do agree, there is no way to prevent someone to buy a lot of bitcoin and neither to prevent people to dump their coins. I do think this is what makes bitcoin unique, cause no one controls it and its the community and the market that decide the price. |
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The forum is full of topics - “When Will Bitcoin Be Back To $...”, “Why BTC is under $...?”, “Final bottom at $...”, “Why BTC is down again?”, “Bitcoin will rise again ?” etc. The last two topics may appear in various forms a dozen times a day.
I looked at graph price of BTC out of curiosity. I have noted to the price floor:
2015 - $200+
2016 - $300+
2017 - $700+
2018 - $5000+
Do you see something frightening in it?
We all can see that price drops because of actions by a Governments and big whales. Because they have the means and opportunities. They want to break into the our market on advantageous terms for them. Okay, well, I mean, that makes sense. We knew it would happen. But why that have to affect us?
In December 2017, the most people said - "Why I didn't buy BTC for $500… for $1000… f#ck it!.. for $2000...", "I will definitely buy BTC if it costs $7k-6k!..". But now when the price drops so well for us, we see "The demand for BTC is dropping". Seriously?!
So, instead to take advantage of the situation, buy up coins and altcoins, attract new people in crypto world more active than before, a lot of people stuck in indecision and think whether crypto market falls to the bottom and stays there.
Guys, are you serious? Crypto world is made by us. Governments and big whales haven’t any tricks to rule our world. It will happen only if we do nothing.
What do you think about it?
Some people are buying bitcoin at very high price and they do still hold it, but i do think the same, that we should not worry cause the history already prove it that bitcoin keep developing and it would be safe as long as you hold your coins until it give you a profit. |
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Quiet great news and seems like singapore is a great destination for binance to spread their wings. Singapore been really good and open to crypto businesses, i believe with binance open fiat to crypto in singapore it could make binance more popular and also make binance coin more precious. |
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