you should learn to love eth man; I really think it will take the whole blockchain technology to a whole new level.
The bitcoin looks garbage now with all of the fork coin, too many the battle with the fork coin. Every fork will be issuing the new token in the future, and what a shame about that? The mother was boring the more child soon. It is not bitcoin fault or the developers or the community that miners want to make a hundred versions of bitcoin, that is on them. unfortunately miners have gotten so powerful they can take these kind of unilateral decisions but at the same time without the support of the devs and the community all of those projects are going to fail at the end, so not a single one of these forks is a real threat to bitcoin. |
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Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
They can try but at the end it is not going to be possible since they cannot enforce their rules they will need the cooperation from the users of bitcoin and that means that governments lose one of the greatest powers they have the power of coercion the power to make you do something you do not want, and if people decide to keep their bitcoin and not tell anyone there is nothing they can do against that person. Such people don't exist. Each user periodically faced with the exchangers. As soon as you make a deal, you become visible to the government. All your future actions will be to monitor the government. Now they do not have the necessary legislation, but that could change at any time. You are no thinking long term, what it is going to happen when you can live out of your bitcoin, when you do not need to exchange it to fiat, a government is not going to know that you have huge amounts of bitcoin or anything, you will be able to declare that you have any mount of bitcoin and they are only going to know about that bitcoin you declare to them, it will take a long time to get there but I’m sure it is going to happen. |
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I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.
And I think he is right bitcoin is great but there are not enough people using bitcoin at the moment in order to justify adopting bitcoin, I know that we all would like for amazon to accept bitcoin but there is not a reason for them to do it, there is no money in it, there are going to be all kind of troubles with scammers and it is not part of their ideology, so they gain nothing by accepting bitcoin. |
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why people intersted with new coins like BTG , 2x if you just keep hold btc will be better than take high risk with unknow coin
People care because the price is changing due to the news and if you are holding bitcoin right now your holdings have lost value thanks to the news, there was not going to be a fork and if after a day the miners are stating there is in fact going to be a fork then it seems they are just playing with the price and obtaining benefits to themselves since they know full well what are they going to do, they are probably benefiting economically with this, so with this amount of uncertainty I think the best thing to do is to keep holding your coins and wait until things get a little bit clearer. |
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Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
You can only blame yourself for not trusting bitcoin at the early stages like they did but here is the thing, If you buy now, wait a few years until we get mass adoption, you will be considered as an early adopter as well. Correct, not even 1% of the human population has adopted bitcoin, if bitcoin reaches wide adoption and you hold your coins you have now until that point, then the ones claiming it was unfair will be the ones that got in late, in fact we are also early adopters even if it does not seem like it because of the high price of bitcoin, this should show to us the incredible potential bitcoin has and the enormous price it is going to reach in the future. |
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What happend with BTC? BTC is going down under 7000 USD.
segwit 2x cancelled but BTC is going down under 7000 USD.
Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.
How do you think about this situation?
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....
Hold or not..
You bought near the top and that is always a bad idea, I’m not trying to bash you or anything but you do not seem to know a lot about trading so even if you are going to lose money if I were you I will sell and then take my time to learn a lot more about bitcoin and trading once you do that you can come back and invest in bitcoin or altcoins because if you keep investing the way you are doing it you are going to lose all your money. |
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I mean forks are there and if it goes over it it will increase price right?
You cannot expect a volatile currency like bitcoin to retain its price, the price is always moving, now we are suffering a correction since many investors are now taking the chance to invest in cheap alts instead of an expensive bitcoin and this is reducing the price, but do not worry bitcoin is not crashing or anything ridiculous like that, this is simply an adjustment of the price and nothing more. |
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I have some doubt about Crypto network , BTC is the major one i Know but when BTC is going UP Why ALTCOIN is suddenly going down what is the link between BTC and altcoin ? I'm new to Crypto network, These days I focus on BTC veriation and Altcoin veriation then I get this problem.
Hope seniors help me to clarify this matter
I think that what happens is that there is a limited amount of money currently moving in crypto and when bitcoin goes up it absorbs a lot of money from the market and that leaves a very low amount of money for alts and that makes the price of all alts to go down, but I think we are going to see a small decrease in the price of bitcoin and that is going to make alts to go up in the short term. |
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I've been reading a lot of opinions from different people and there seems to be a majority consensus that btc price will drop during the fork
You really should not base your opinion too much on people's opinion here as some people may not really understand what they are saying. No one knows what will happen after the fork and except for the upcoming November fork which remains contentious, I do not see how BTC price will reduce because of BTG. BTG will get dumped, so how does that affect BTC's price negatively. I am just surprised at the rate at which some people are basing their theory here. While we must always make our own research it is also very entertaining to read the opinion of others when it comes to these topics since you are going to be able to find well established points of why they believe something is going to happen and then bitcoin just does whatever it wants and makes all our predictions wrong, who would have thought that bitcoin could reach such a high price just one year ago, only dreamers and people that were very positive about bitcoin no one else. |
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Waves features:
---Fast transactions
---- no touring complete smart contracts (safer than a touring complete smart contract)
----- DEX ( not a goode interface tought)
---- tokens creation
----- Ico creation
WIill waves have the same boom that ethereum had last year (2016) or not?
Will it kill Ethereum?
People need to stop doing this, waves is a good project and it is a good competitor against Ethereum but to think it is going to kill it and make it disappear is to have misguided thoughts, at best waves could surpass ethereum but that is not going to make ethereum disappear, ethereum is going to keep on existing because it is also a good project on its own right. |
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I really don't know what to say about this but I think wall street already experience many Financial Crisis ever since and I am scared about the fact that there would be a Cryptocurrencies Crisis in the future as everything is possible with digital or Fiat currency and there is an inevitable time that you can't dodge that incoming crisis. Robert Kiyosaki already told that there is an another financial crisis in the near future and it is coming no matter how bad we don't want it. Here is an article that Robert told about his predictions https://seekingalpha.com/article/3967094-robert-kiyosaki-biggest-stock-market-crash-history-coming-2016Even though there is no major crash happened in 2016 but I think there is some delay in his prediction because I still feel the points of his statements that it will happen soon and after reading your post it really strengthen my belief. Everyone with half a brain knows that a crash is coming the most important thing is what to do, what we can do to protect ourselves from that and while many suggest that we invest in gold and silver at the same time you can be sure that you are going to be taxed on your earnings claiming that is the fair thing to do that is why I prefer bitcoin, no one can take your bitcoin out of you and if you take the right steps you can hold bitcoin without anyone knowing you are holding it. |
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I was talking with a friend of mine about cryptocurrencies and he said: "Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money.  " Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions? People think that but being right or wrong is not subject to the amount of people believe in that information bitcoin is better than fiat and the fact that 99% of the population think the opposite only tells me that we have a lot of chances to make a lot of money when all of these people slowly begin to wake up to the reality and finally see bitcoin for what it is, a better alternative to fiat. |
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i think in out there, people still believe and trust with gold because they are familiar with gold only and only few of them that know bitdoin is exist. i think if there are many people is join and many of them adopt bitcoin, perhaps bitcoin will be use as gold too. but when there is no appreciation for bitcoin and people is still using gold, then bitcoin can not defeat gold.
Gold has a very long history and we know from that, that gold is a great store of value and under some circumstances a great investment as well, so it is not really a surprise people keep trusting in gold, however bitcoin is slowly becoming noticed by more and more people as they realize that bitcoin can be a great investment and the best thing is that you do not need to do a lot in order to get spectacular profits, the only thing you need to do is to buy it and hold it. |
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This is a request from one of my friends...
He needs to know, the ALTS price is law at the moment. Even short term profitable coins.
Is this the time to buy them & Hold for month or two & take profits? Intends to buy & Hold
take profit.
Any suggestion experts pls?
If you are willing to hold for a long time I will say yes this is one of the best times to buy altcoins, altcoins are very low in value and at some point that situation is going to correct itself and when that happens you are going to see a growth in some of the best altcoins out there, unfortunately I do not have a lot of bitcoin but the bitcoin I have is going to be mostly used to buy some alts like waves and ETH. |
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I don't know what to say on this effect but it's like and the price is going up the peoples are getting more interested in Bitcoin. Even from my locality many people have requested they want to know about Bitcoin, so I think Bitcoin is being adopted more frequently in all over the world and with this page I think we can cross $10,000 in around 2 years.
Now that segiwt2x has been canceled I think there is a big chance that bitcoin crosses that price before the end of the year, many people were afraid of that fork since it had the support of many miners and businesses but now that fork is not going to happen then there is not a reason for the price of bitcoin to not keep growing. |
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Bitcoin is trending in Turkey, and the country’s central bank officials are starting to notice. This week President Murat Cetinkaya of the Central Bank of Turkey (CBRT) said the financial institution is monitoring bitcoin closely, and spoke optimistically about digital currencies. According to local news outlets in Istanbul, the president of the Turkish central bank, the CBRT, said officials from the region are researching cryptocurrencies. Murat Cetinkaya explains that the CBRT has formed a research group consisting of digital asset market participants, Turkish government officials, and regulators. The country’s banking regulator has explained current financial law does not apply to bitcoin, but has cautioned Turkish citizens against using the currency. Now in a more positive light, president Cetinkaya says cryptocurrencies like bitcoin could “contribute to financial stability.”
This does not seem like a good news, since he is actively encouraging citizens of his country to not adopt bitcoin and to not use it, then he tries to rectify a little bit saying bitcoin can contribute to the economy and that is right, but bitcoin is going to contribute to help the people and not the governments that are there only to steal from the hardworking people which are always taken advantage of by politicians and bankers. Well the notion that he is right in is the notion that Bitcoin can help the economy, though it's not like Bitcoin is going to be making jobs out of thin air. They're going to be taking jobs from other sectors, such as Credit Card processing, Paypal, etc and so on and so forth. Bitcoin is a pretty big net negative for the economy and for businesses. And is it even suprising to see the HEAD OF THE FUCKING CENTRAL BANK being against something like this? He stands to lose all of his power if Bitcoin gains some traction in his country and takes over the #1 currency thing in their country. Sad, but it's true. It makes sense that he is against bitcoin but at the same time governments should strive not to maintain their power but to help organize a better society, if they were honest and were serious about their mission they will understand that bitcoin is going to be a net positive for society since we are not going to need to have a government as big as it is now, but that is not what they care, they only care about their own well being and their own benefits which means they no longer fulfill its original mission and that is an even greater reason to make them smaller or in the case of some industries like banking to make them disappear. |
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I don't agree with Adam Smith.
Bitcoin price is being determined by the free market, it worth what people are willing to pay for it.
The more the bitcoin price goes up, the more it becomes profitable to mine, which makes more miners to join the circulation, which increases the difficulty of mining a bitcoin, and makes it cost more to mine.
I think that the price of something is only related to how much people want it and are willing to pay for it.
During last year bitcoin miners were not really getting a lot out of mining bitcoins but with the recent surge in the price of bitcoin, mining bitcoins has become even more profitable then it used to be and now miners who have spent a lot on their mining equipments are actually making money, bitcoin mining is no longer a hobby but a profitable venture. Right now miners are making a fortune that is why I find very doubtful they are going to move most of their hash power to other coins as they have threatened to do with the new fork of segwit2x, they have probably made more money in this year alone than in many of the previous years it will not make sense to throw that away especially since they are all competitors and if a miner moves to another coin then that leaves the road open to the rest of the miners to get even more profits. |
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Hello, I was doing some research on Bitcoin trading. http://prntscr.com/h76g3rWhat does this mean by "Ideally, when trading, only deposit to make a trade, then get your money off the exchange." from the link above. I took a screenshot from an article. Does this mean, if i take a trade on exchange GDAX and close it the trade with a profit of say $300, I need to withdraw $300 from GDAX instantly? Or does this mean, don't leave extra money in my GDAX trading account that I will not be used for trading only? Thanks, still learning. The reason to do that has to do with the fact many people do not trust exchanges to hold their funds for the long term, there have been too many hacks, technical problems, scams and governments raids, and people have lost fortunes so every time you are done for the day it is a good idea to withdraw your money from the exchange, it is a pain but you need to do it. |
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I am always weary of ICO's that are willing to give out 50%, seems like they don't actually value their token at all.
50% sounds way to high, i could understand 20% but not that.... Scam perhaps ? what does the whitepaper say, any website available. Reply with a link pls! Here you go: https://heardbeats.com/docs/heardbeats_whitepaper.pdfI think the bonus tokens is just a marketing trick, but I see your point. The effort put into whitepaper and website does definitely not make it seem like a scam to me. The effort put in the white paper or the website is not enough, the most important thing is the effort put in the project itself, if there is not a demo available you should always be suspicious about the project, scammers are learning and are refining their techniques and they are getting better at scamming people that is why regardless of that a 50% bonus is a huge red flag. |
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i hate eth and all other coins
my one love is only BTC
what about you?
p.s.
reason :- ETH can give effect if future
newly added : except monero,doge and most of old coins
Hating an inanimate object is weird, ETH is only a coin nothing more, if you do not agree with the project or with the direction the developers are taking ETH that is fine, did you lose money when you invested in ETH? Did you fail to predict the market was going to skyrocket the way it did in this year? Because most of us failed at that and yet we do not have a reason to hate any coin. |
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