Maybe this is just the initial regulation about crypto in Qatar. The regulations can change at any time. Qatar prohibits crypto from having a purpose. Maybe they are still learning about crypto currency. Other developed countries have also received cryptocurrency, Qatar as a developed country will certainly rethink regulations regarding crypto. we wait for what the next qatar will do.
This might be their initial step to take actions and consider cryptocurrency news and updates relevant that could affect their economy. As a precautionary act, stopping the use of cryptocurrency would not be the best idea as it could affect the job of people living there that utilizes cryptocurrency. In my opinion, allowing cryptocurrency while they are thinking of its possible effects is better, because this is fact, will open up ideas on how they could treat cryptocurrencies in positive manner, rather than just thinking about its impact to their centralized currency. |
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This is the problem why most of us can see a declining market and couldn't help the market grow even further. That is because we are mostly focused on waiting for the season, that we, are also the one creating. If no one initiates the hype about this, they didn't buy and sell, and stays inactive which in fact, we didn't care about the true value of cryptocurrencies.
What is a better way to do is to make use of cryptocurrencies without considering to buy or sell in a particular season, see the value of crypto and use it wisely.
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Anyway this conflict somehow made btc to rise above $8000 and this horrific event lead to greed Technically, we don't know that Commentators are just making deductions and drawing conclusions, but that's simply how we like things (explained), and how our minds internally work (to explain things with plausible reasons). We are prone to look for and see causal relationships where there's only a statistical correlation or just a coincidence (remember, correlation doesn't mean causation). This is known as selling the narrative, and if you are buying it, stop doing that and think for yourself. Bitcoin is rising and falling for no apparent reason so often that you should instantly question the validity and veracity of this narrative, or any such narrative. It can be a trigger, though, but then anything can be This will in fact, falls to the Questionable Cause or the causal fallacy, false cause, or non causa pro causa fallacy in which people believe about a particular cause that is in fact, incorrect. For example, "Because of War, People will buy Bitcoin", which isn't proven true. But considering that market price of bitcoin increases because of the tension, these mindset of the people do actually drives the market price of bitcoin, therefore, even without proving this belief to be true, as long as there is a belief and people make an action in a form of accumulation of bitcoin, we will have a profitable market. |
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It is merely impossible that bitcoin's price will not be affected by the bitcoin halving. It will surely does affect the price but it might take a long time or a short and small changes, day by day. Still, the accumulation of bitcoin will be profitable if we are really dedicated to the profit it can give, so as why we are still hodling bitcoin.
So my plan if there's no significant move on the time of halving is to just hodl and stay patient. I am sure I already know how the market goes and I have the control of my profit and that's why bitcoin is different to other investment platforms.
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Already trade war is going on between china and usa and it already affect many companies globally. Block chain now need of every country to make proper progress in the stable economy of the country.
If china get success to launch official coin it will bring boom in crypto world,We all know the population of china dominant globally and the users f it coin will be in large number.May be it affect the BTC but till BTC users will be double and the halving also completed.
This is i say days are coming and the traditional banking system must think for next step to survive in the market otherwise will payoff more than they think.
Here's the thing, if China will probably have their own cryptocurrency and strictly for their people only and people around the world isn't buying it, the effect will just remain to their vicinity, leaving the outside countries unaffected to the progress and development of their financial economy. But, if this cryptocurrency will be open for the world and the worldwide market, then people around the world including us will benefit and might consider it better than bitcoin and that's how huge Chinese population could impact the market. |
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There is no specific reason stated by Satoshi why Bitcoin was created by now it serves many purposes as a store of value, decentralized payment and can as well be a tool that can be used for the bailout in the current financial status. Its usages are still undermined, for now, most especially blockchain technology, but the future will tell
Actually there is, if you have already read the white paper of Satoshi upon creating bitcoin, you could see that it is a peer to peer network to allow people to transact even without the need of anything, anyone, or any entity. Though, we are in a continues phase of development, we are continuously discovering reasons why bitcoin is created because of the fact that we, at the same time discovers function of bitcoin that aren't stated within the white paper. One example of it is for investment and trading that provides profits. |
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Whenever there is a blockchain and cryptocurrency events that takes place, people shouldn't miss the opportunity to learn new things from it. Especially if they are already a pro-cryptocurrency, it is their way to take advantage of grasping new knowledge to enhance their way of talking to people about cryptocurrency itself, with an aim of promoting it and to attract potential investors in the future. One other way where they could lead their knowledge is to develop blockchain application that will provide better services to people.
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If it is about bitcoin then it has always an effect for the price even it is only said by a news even that was not legit, it can also affect the price.
They cannot easily stop mining because there are some people who fight for that because they pay for mining to mine and some of them do it as business.
The reason why closing the mining facilities in china will impact bitcoin's price is because miners will no longer resist to sell bitcoin at higher price, nor they will not utilize bitcoin after all. Thus, with China having the most hash rate all over the world, it might drive the price of bitcoin down, in addition, without a strong hash rate, the transaction we could create if that happened will also be affected. More and more people will be tired of using bitcoin, though, that is just a speculation, the possibility of that to happen is quite low. |
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Let us think of the reason why Gold is still increasing its value despite of not having any upgrades, just pure metal, the same way as bitcoin, as long at it can preserve its function, despite of being slow in transaction speed, it will still dominate the market of investment as people see it comparable to Gold, which has the potential to provide allot of profits even in the next 20 years, One thing I am having doubt is when all miners already mine the remaining bitcoins, how could the transactions be processed. But moving on, it is worth of admiration how long bitcoin remains at the rank 1 of the best cryptocurrencies of the world.
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I am also quite sure that in 2020-2021 there will be many changes in prices, because in 2018-2019 bitcoin price movements will deteriorate. but I passed the year pretty well too, because I managed to survive in such conditions. maybe in 2019 there will not be much benefit and I hope that in 2020 conditions will change gradually.
Definitely, because the bitcoin halving alone could possible drive the price of bitcoin to increase way up higher than before, and we all know that it is evident that when bitcoin's market price increases, the same goes to altcoins. So, to create a clear speculation of what price could we achieve for 2020, I highly believe it would be higher than before's All time low. Because for me, the improvement of the market will not be seen through how much its market price is, but how high the lowest market price it could reach in a year. |
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All in all, bitcoin is a great way to pay, I reach out to anyone and everywhere where people have little brains, and they understand new technologies.
Fast, efficient, great price, these are the three things that money should have, and as far as I'm concerned, I wouldn't worry about my country passing the law, getting out the domestic coin, and using bitcoin as the primary payment method.
Really? Because I don't think most of the people could wait for a long time for their transaction to be successful, payment in bitcoin is taking longer especially if the miners are busy and no one is confirming your transaction. You could be stuck up and that might force you to use other cryptocurrency when you are trying to use bitcoin for daily transactions. Imagine, if you are just loading gasoline and paying in bitcoin, would you wait for a long time before transaction is full executed? You rather not, so for daily transactions, bitcoin needs allot of improvement. For now, there are other altcoins to be use aside from bitcoin in this terms. |
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These are mostly countries that are having conflict with their monetary system. Implementing bitcoin ATM's there would be a great help but when that happens, people is surely wiping out the authority of their government to unify them in terms of their currency. I better consider them to fix their currency first, lower the inflation rate, then have enough laws and jurisdiction to support cryptocurrency in their country. When that happen, they might have a more stable economy and bitcoin ATM's will be accepted nationwide.
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Congrats sa iyo @Yatsan. You earned and deserve it. Grabe, nakaka-inspire talaga yung achievement mo. Biruin mo, netong 2019 ka lang nag-grind tapos heto, legendary ka na. Dahil sa iyo, mas ginanahan akong ipursue na maging hero at kung bibigyan ng pagkakataon ay maging legendery rin tulad mo. Keep up the good work and let's help each other in this community dahil sino pa ba ang magtutulungan? Kundi tayo lang din namab diba. Sana kahit legndary ka na, tuloy mo pa din yung ginagawa mo kasi naniniwala akong madami ka pang mai-aambag sa community na ito.
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Bitcoin ATM is good at being implemented to these countries but is more appropriate if it would be implemented to countries which in fact, have a huge economic currency inflation rate, at this moment, people need to choose to still support fiat system, or to completely transition their fiat to open up better opportunities for them to have currency. One problem I saw about them is to carry enormous that consists of cash and for me it hassle. Indeed, turning their currency to crypto will just need a phone and an internet to transact, plus they have their own financial freedom to transact.
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I couldn’t finish the whole article, it was too much so I read the first few paragraphs and skimmed through the others. I don’t really have any opinion about this and I don’t know if CSW is the real Satoshi Nakamoto or not, I have seen a lot of people claim to be Satoshi but CSW was the only one I know that took the case seriously, maybe he is or maybe he’s not. But, is Satoshi the only one that created the cryptocurrency bitcoin or are there others? But whatever, I’m just going stick to the point that has been made by a lot of people about Satoshi being dead. Basically to test and determine if Craig Wright could possibly be the real satoshi, he should know the bitcoin protocol better than others, and escape to his world of marketing and business talks. He should be more technical rather than more skeptical, knows how to accept opinions and how to prove bitcoin is created by him through the very first blocks ever created. In addition, Craig Wright is evidently promoting other cryptocurrency which in fact a direct manifestation of not owning bitcoin. |
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I read earlier today that it would take approximately 2,500 qubits of quantum processing power to successfully break the encryption of an SHA-256 private key.
Since Google only has a 72 qubit Q-computer, and it has taken a decade to reach this point, then a 2,500 qubit quantum processor appears to be approximately 7 years away.
With that said, this will still likely be a super specific system, so I doubt it would actually be used to identify the links between public and private keys.
If that is the case, I highly doubt it would be possible, because algorithms run by quantum computers are totally different, if they tend to break the encryption of bitcoin, they need to use the same algorithm that classical computers use, but with a bigger processing power, but who knows about it, I highly believe that even before a 2,500 qubits of quantum computing power would be invented, quantum computers do already generate a whole new set of encryption that will make it harder for quantum computers itself to break. |
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Honeslty, sending bitcoin using bluetooth can be used because i heard legder NANO X wallet are been able to have a bluetooth support, which you can now send and pair with your phone, so you could send cryptocurrency.
It's true that this kind connectivity are prone to hackers because they can easily connect with you, but you can still see which address that you have send your crypto.
But thinking of the technology offered by the ledget nano x, they are connecting the hardware itself to the cellphone so you don't need to have a wired connectivity to your phone, but if you are transacting and sending actual bitcoins or cryptocurrency, your medium there is internet or WIFI. Just to make it clear, you aren't sending bitcoins over bluetooth, you are just connecting the ledger to your mobile device which turns out to have a very different concept. Still, Wireless transactions over internet is what making it possible to send cryptocurrency and broadcast the transaction to the network. |
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BitCoinTalk.org Censorship goes way beyond anything Google has ever done 🤐🤐🤐🤐 This forum has Censored posts of mine that should have never been censored. They have an interest in pumping up the price of Bitcoin and do their best to eliminate discussion that is a threat to this goal. This forum started out with the right intentions, but has gone very corrupt.
If you value freedom, demand better.
Hard Facts
That's the nature of private platforms. As annoying as it is, you kind of have to accept it. If you are against this kind of censorship, maybe you should try going to SteemIt or something like that. A personal blog could possibly a solution to create contents that you really want you, and only you could modify, add, and delete. Basically a forum could be a good way, but we have moderators here that make sure the contents we are posting aren't breaking any rules, so, aside from posting about a pump and dump of a cryptocurrency, we need to align our idea for the greater good, basically considering the utilitarian approach to help people make decision freely, and to deliver them with information that are useful. |
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If you are worried about the percentage then you have to understand that 6.2% is not a small number if it's true, for me, It's a huge number, one thing you have to consider that most of the Bitcoin user doesn't say about this system to the people because of some legal aspect, you have to take another thing that, American people don't need to get involved in this system because their currency is the strongest currency in the world, so I haven't expected such type of ratio, I think Bitcoin is much more popular outside the USA, but there is still a lot of chances to get popular in this area.
And basically, we don't really need everyone to have or own portions of bitcoin, as long as they are distributed across the nation and around the world, that will still do, because adoption in its finest will happen, if people could see bitcoin users from left side of their vicinity, to right side of their neighborhood. Indeed, will influence them to search bitcoin and to probably use it. Moreover, statistics of 6.2 percent american aren't too bad, most of the cryptocurrency channels are made by americans and they are inspiring allot of people in the world that is really making an impact to huge market adoption. |
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There is no limits on buying of bitcoin, whether it is a small portion of bitcoin or number of bitcoin surely everything will be highly valued as time goes on. Different users will have difference of opinion on the amount to be hold, it varies based on the need and the sophistication each expect. Beyond this very few take risk of selling all their belongings and buy bitcoin, and such risk takers have truly benefited out of the investment.
Just to make hodling even more easier and possible, setting target bitcoin amount is a good example how to keep investing in crypto and how to keep future profits. Imagine, if we are targeting to have 1 BTC in the beginning, we will limit our cash out and conversion to fiats, as a result, we could hodl even higher amount of BTC, and might even learn how to easily increase its amount in trading. As long as we are active in cryptocurrency, especially on this forum and cryptocurreny market price websites, we could definitely achieve the profit that we want. |
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