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21  Alternate cryptocurrencies / Altcoin Discussion / Re: Is facebook creating their own crypto? on: July 14, 2018, 09:15:48 AM
What  i  know  for  sure  is  that  zuck  is   agood  business  man. he  will invest  in  one  way  or  another  in  the  sector.  what  am  not  sure  of  is  wheter  he  will  create  a  crypto. maybe  he  will  create a  better  exchange  sector  which  will  compete  fairly  with  other exchanges.  this  will  enable  him  to particiapate  in  the  sector  without  really  owning  crypto. blockchain will aslo  be  used  to  carry  out  various   activities in  facebook  just  to  reduce  operation  cost in  the  near future.
22  Other / Politics & Society / Re: Reasons for political instability among citizens of a country? on: July 12, 2018, 08:22:46 PM
there are  numerous  reasons  why  many  countries always  face  political  instabilities  when  election time is  around  the  corner.  one  of  the  key  reasons facilitating  this  in  my  county is tribalism. a  good  sum  of  people  only  vote  basing  on  tribal  lines. the  elected  members  also  do  not  focus   on making  the  entire  country  progress  but they  only  help  out  their  tribesmen. this has  led  to  war  among  various  groups  since  most  issues  being  faced are politicized basing  on tribal politics.
23  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Your Money Safer In Crypto than at the Bank? on: July 12, 2018, 07:49:41 PM
it  really  depends  howe  long  you  want  to  keep  your  money.  in  instances  where  you  are  planning  to  keep  the  cash  for a  short  span  of  time  then  bank  will  be  a  suitable  place  for you.  someone  who  is planning  to  keep  his  cash  for a  long  span  of  time  should   consider  crypto.  this   is  because its way  profitable  when  compared  to  the  bank.  apart  from  that  if   you  keep  your  money  in  fiat for a  long  span  of  time  it  will  loss  its  value. Read about it  here. https://www.officialdata.org/1960-dollars-in-2016?amount=1
24  Economy / Economics / Re: Does money make you rich? on: July 12, 2018, 07:32:25 PM
To me the answer is No. Money alone doesn't make an individual rich. A lot of people go to work everyday, working for money and making more money, but fail to become richer. Ironically, many only grow deeper in debt.we have all heard stories of lottery winners who are instantly poor again. Also there are cases of real estate going into foreclosure instead of making homeowners richer. We all know of persons who have lost money investing in the stock market. Maybe you are one of those individuals who have lost money investing on cryptocurrency,Bitcoin to be precise. Even investing in gold(real money) can cost the investor money

For all intents and purposes, it is not business, estates, stocks, bitcoin (crypto currency) or money that makes a person rich. It is information, wisdom, knowledge that makes one wealthy.
being  rich  is  a  state  mind.  most  of  the  people   who  are  considered  rich  in  the  society  at  the  moment  have  good  working  ethics.  apart  from  that  most  of  them  started  hustling when  they  were  young. it  takes  a lot  of  time   and  resources for  someone  to  be  considered. to  answer  your  question,  money  can  make   you rich  if  you  invest  it  in  the  right  manner.   most  of  the  people  always  loss huge  sum  of  money  in the  financial  sector since  they  do  not  take  time  to  really  understand  the   market.
25  Other / Politics & Society / IMF in the crypto world on: July 10, 2018, 05:09:09 PM
With  the  increase  in  number  of  people  who  are  now  using  crypto,  what  do  you  think is  the   position of  {IMF}international  monetary  fund,  and will  the institution support  the  use of  crypto  in  the  long run?.  how  will  the full adoption  of  crypto  in  the  near  future shape  IMF? Do  you  think  the  use  of  crypto make  it  easy  for  IMF  to  carry  out  its  daily  activities. Your  views  will be  highly  appreciated.
26  Bitcoin / Bitcoin Discussion / Re: Why do people need to use Bitcoin for Money laundering? on: July 10, 2018, 04:44:58 PM
Between 2004 and 2010, HSBC laundered Billions of Dollars for the Mexican Drug cartels and nobody blinked an eye. After

7 years of doing this, they got busted and they paid US$1.9bn in fines. {This could be recovered in profits, within a few

weeks} Most people saw this as a slap on the wrist for the people who were involved with this. Not one person working for the

Bank got jail time for doing this.  Roll Eyes  https://observer.news/featured/5-years-ago-hsbc-fined-record-us1-9bn/

Ross Ulbricht, was sentenced to life in prison without parole for creating and running Silk Road, which allegedly facilitated

the sale of $250 million worth of drugs.

                                    Why are we seeing such double standards, when Bitcoin is involved?

In  every b venture  there  are  both  negative  and  positive  aspects  of  it.  the  main  issue  being faced  at  the  moment  is  that  mot  of  the  peopkle  are focusing  on  the   negative  aspects  of  bitcoin. with time  people  will appreciate  the   essence  of  it.  by  the  fact  that  most  criminals  are  using  it  to  transact  doesn't  mean  it does not  offer  many  benefits to  people  who  are  using it  in  the  right  manner.
27  Other / Politics & Society / Re: Third industrial revolution on: July 10, 2018, 09:04:20 AM
The first one was powered by the steam engine, the second combustion engine so the third would definitely be robotics, with some 3rd printing thrown in. It's a bit hard to predict how blockchain would integrate with these but with 3rd printing I can assume there would be smaller factories linked up so it could be a system to run that.

Even today I'm already seeing wooden furniture "3rd printed" using automated cutters via designs downloadable online. Who knows, maybe blockchain would be used to track who bought which design and people can just walk up to a store, download the design, have it printed and then just assemble it at home.
I  also  internet  of  things  will be  of  great  essence  in  making  this  possible. with  many  devices   interconnected  people  will  be  able  to  get  optimum  standard  of  utility out  of  all  the  facilities  they  are  using.  taking  of 3D  printing,  that  will  be  of  major  essence  in  the  health sector. that  means  doctors  will  be   able  to  print  organs.
28  Other / Politics & Society / Re: Climate change and the power crisis.. on: July 09, 2018, 08:00:04 PM
As someone  who  comes  from a  developing  country,  it  will  be  quite  hard  for  us  to get  into  the  level  of  the  rest of  the  globe  because  of  the  regulations  which  are  being  put  in  place  at  the  moment.  the  only  thing  which  will  change  the  game  is  the  advancement  of solar panels  and  other  green energy sources. this   will  be  good  in  the  long  term.
29  Economy / Economics / Re: Why people are still buying BTC? on: July 08, 2018, 08:31:44 PM
Hello guys,

To me, it seems pretty strange that people actually continues buying btc now...
I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now?

I don't get it.


Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  Roll Eyes ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?).

The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue.


An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease.


Other issues:
- security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...).


I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks.
This  post  really  tells  me  how  hard  it  was for  people  who  adopted  btc in  its  early  stages. it  seemed  that  there  was  no  clear  future  for  btc  then
30  Economy / Economics / Re: Cryptocurrency on: July 06, 2018, 04:11:25 PM
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
there are  numerous  things  which hinders the full adoption of crypto. most  governments  are  comfortable with  crypto  since  they  cannot control  it.  this  will be  hard  for  most governmental  entities  to  enforce  various  laws.  apart  from  that  its  quite  volatile and  thus  not suitable for  use  in  the  long  term. my  hope  is  in  the  near  future  we  will  have  stable  coins which  can be  used  to  transact easily.
31  Economy / Speculation / Re: Why bitcoin gone too much deep?? on: July 06, 2018, 12:21:45 PM
Hello btctalk.i am in this cryptoworld since from many months but i never seen this much deep of btc so i have some questions related to it.

1) why bitcoin price gone this much down?
2)why bitcoin price fluctuate too much?
3)which features affect on the fluctuations of price of btc?
4)Is bitcoin price affect on  altcoins? If yes then which altcoins price get affected by it ànd which are not?
5)when  we should see the price increament in BTC?



1. the  decrease in  price  is  normal  when  it  comes  to unregulated  market. with  time  the   market  will  recover.
            2. there  are  many  external things  which  facilitate  this.  one   of the  key  things  include  the  regulations  which  are  being  formulated by  various governments. the  whales  also  play a  crucial  role when  it  comes  to  the  rates.
           4. most  of  the  coins  get  affected  by  BTC because   most  of  them  are  tied  to  BTC. am  not  sure  if  this  will stop  anytime  soon.
           
32  Alternate cryptocurrencies / Bounties (Altcoins) / Re: TOKENS GIVEAWAY [BOUNTY] qiibee: Loyalty Protocol on the Blockchain on: July 06, 2018, 11:54:36 AM
Campaign: Facebook
Username: VictorYegon Wa Eduuh
Facebook Account: https://www.facebook.com/vyegon2
Week#: week 1
Shared Post Link #1: 6|7|2018: https://www.facebook.com/vyegon2/posts/1461902557247781
Shared Post Link #2: 8|7|18  https://www.facebook.com/vyegon2/posts/1465135300257840
    
  week 2
 9|7|18 https://www.facebook.com/vyegon2/posts/1466584373446266
  10|7|18          https://www.facebook.com/vyegon2/posts/1467233360048034
   10|7|18             https://www.facebook.com/vyegon2/posts/1467743443330359
   12|7|18      https://web.facebook.com/vyegon2/posts/1470598756378161
   14|7|18   https://web.facebook.com/vyegon2/posts/1472795576158479

week 3
20|7|18 https://www.facebook.com/vyegon2/posts/1481230375314999
21|7|18  https://www.facebook.com/vyegon2/posts/1482698908501479
22|7|18 https://www.facebook.com/vyegon2/posts/1484468981657805

week 4
28|7|18 https://www.facebook.com/vyegon2/posts/1492387810865922
28|7|18   https://www.facebook.com/vyegon2/posts/1492392290865474
28|7|18  https://www.facebook.com/vyegon2/posts/1492392914198745



Campaign: Signature
Username: vik254
Week#: [week 1
Comment Link #1: 6|7|2018 :https://bitcointalk.org/index.php?topic=3180005.msg41633021#msg41633021
Comment Link #2: 6|7|18 :https://bitcointalk.org/index.php?topic=3015119.msg41646756#msg41646756

week 2
9|7|18 https://bitcointalk.org/index.php?topic=4529244.msg41862845#msg41862845
10|7|18 https://bitcointalk.org/index.php?topic=4578207.msg41890542#msg41890542
10|7|18 https://bitcointalk.org/index.php?topic=3057704.msg41916644#msg41916644
10|7|18 https://bitcointalk.org/index.php?topic=4638156.msg41918044#msg41918044
12|7|18 https://bitcointalk.org/index.php?topic=4651960.msg42054315#msg42054315
12|7|18 https://bitcointalk.org/index.php?topic=3399299.msg42055304#msg42055304
12|7|18 https://bitcointalk.org/index.php?topic=4541574.msg42056500#msg42056500
12|7|18 https://bitcointalk.org/index.php?topic=4561274.msg42056871#msg42056871
14|7|18 https://bitcointalk.org/index.php?topic=3745145.msg42145842#msg42145842
14|7|18 https://bitcointalk.org/index.php?topic=2237181.msg42146953#msg42146953
14|7|18 https://bitcointalk.org/index.php?topic=2967133.msg42147457#msg42147457
14|7|18 https://bitcointalk.org/index.php?topic=4642466.msg42147868#msg42147868
14|7|18 https://bitcointalk.org/index.php?topic=4492214.msg42148823#msg42148823
14|7|18 https://bitcointalk.org/index.php?topic=4560177.msg42149386#msg42149386
14|7|18 https://bitcointalk.org/index.php?topic=4461738.msg42149899#msg42149899

week 3

18|7|18 https://bitcointalk.org/index.php?topic=1596846.msg42412300#msg42412300
18|7|18 https://bitcointalk.org/index.php?topic=4541559.msg42413068#msg42413068
18|7|18 https://bitcointalk.org/index.php?topic=1320668.msg42413540#msg42413540
18|7|18 https://bitcointalk.org/index.php?topic=1869192.msg42414011#msg42414011
20|7|18 https://bitcointalk.org/index.php?topic=3255027.msg42527535#msg42527535
20|7|18 https://bitcointalk.org/index.php?topic=2150158.msg42528901#msg42528901
20|7|18 https://bitcointalk.org/index.php?topic=4626973.msg42529308#msg42529308
20|7|18 https://bitcointalk.org/index.php?topic=4219317.msg42530024#msg42530024
20|7|18 https://bitcointalk.org/index.php?topic=4692577.msg42530547#msg42530547
20|7|18 https://bitcointalk.org/index.php?topic=4579571.msg42531304#msg42531304
20|7|18 https://bitcointalk.org/index.php?topic=648167.msg42531842#msg42531842
20|7|18 https://bitcointalk.org/index.php?topic=4567506.msg42532472#msg42532472
21|7|18 https://bitcointalk.org/index.php?topic=4655975.msg42589803#msg42589803
21|7|18 https://bitcointalk.org/index.php?topic=3930786.msg42590954#msg42590954
21|7|18 https://bitcointalk.org/index.php?topic=4704149.msg42591276#msg42591276
33  Bitcoin / Bitcoin Discussion / Re: Most Crypto investors are Cowards on: July 04, 2018, 10:42:35 PM
i  beg  to  differ,  i  dont  think most  of  the  people  are  scared. most  of  the  people  who  are  now  getting  into  the  market  know  less  about  it. a  big  sum  of  them  are  just  investing  in  it  to  make  a profit but  they  do  not  really  believe in  the  tech  enough thats  why  they  are  always quick  to  sell  when the  market correct. you  will be  surprised by  the  number  of  people  who  do  not  really  know  the  benefits  of  block chain. some  btc holders  acquired the  crypto  because of  a  friend  or a  family  member.
34  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] Everything that makes you vital on: July 04, 2018, 04:26:19 PM
hey everyone, this  is  my  first  signature  and  i  have  a  question  to ask. after offering my  details should i  also fill the spreedsheet{https://docs.google.com/spreadsheets/d/1YLLtrhEIImX5n1kcTsdQgt7Kp81eihzpyL2aNy2iP3c/edit?usp=sharing}? your  response will  be highly  appreciated.
35  Economy / Services / Re: BitVit Signature & Avatar Campaign on: July 04, 2018, 04:15:15 PM
Btctalk name:Vik254
Rank: jr member
Current post count: 44
BTC address(No BCH):3G4tk3SSHcGmBWciY4jT5Np2syWksAS9EA
Wear appropriate signature: yes
Wear avatar:N|A
36  Economy / Service Discussion / Re: P4ay.com Any reviews or comments about this site? on: July 04, 2018, 03:35:34 PM
Hello,

I found a website named P4ay.com that buys your bitcoins with paypal. I checked its reputation on scamadviser.com and it is good. Has anyone used or heard something about this site?

Thank you
i Think  the  site  is  good.  i  have  been  using  it  for  more  than  6  months  now and i  have  no  complains.  apart  from  that  they  have  good  support  team  and thus  you  can  be helped  out easily. incase you  want  receipts to prove  my  point  ill be  more  than  glad to offer.  Thank you.
37  Economy / Trading Discussion / Re: Why Do People Dump Their Precious Tokens With Ridiculous Low Price on: July 03, 2018, 07:22:49 PM
As a natural deal in the market, sellers always want to sell high and buyers always want to buy low. But the reverse seem the case with those sellers who dump their Crypto coin or tokens for some very low and ridiculous price. Thus that's not a natural market deal. What really is the reason why people dump? Have they got enough crypto gains that they need no profits no more?
there  is   numerous  things  which facilitate  this.  one  of  the  key  things  is that  most  of  the   people  who  are  investing  in  the sector  are  doing  that to  make  a  profit,  they  do  not  really  believe  in  the  projects.  because  of  that  incase  of major  drop  in market  most  of  them  end  up selling  with  low  rates. some  of  them  also  sell  with  low  rates the  regulations  which  are  expected  to be enacted. in  some  instances  the  regulations  may  lead  to  reduction  in  rates. so as  to avoid major losses  some  of  them  have been  forced  to  sell  their  coins.
38  Other / Politics & Society / Re: POPULATION on: July 02, 2018, 11:52:08 AM
How to live comfortable in an over populated environment?
For  the  human  race  to  be  able  to survive in  a highly populated  enviroment,  we will be  forced  to  change our  economies. most  of  the   activities   which  are  now  being  carried  out  by  firms  are  based  on linear economy. linear  economy  refers to the  process of "take  make process" with  the  scarce
 resources  at  the moment  this  is  not  sustainable anymore.  most  of  the  resources   being  offered by  nature  are almost depleted.  we should  embrace circular  economy,  this  is  where waste  gets  eliminated  in  the economy.  after  using a  certain  product  it  will be  refurbished and  used  again.  this will enable  us to sustain the  high  population  growth  with  the  limited  resources  being  offered  by  the  enviroment.
39  Economy / Marketplace / Re: issues on the internet on: July 02, 2018, 11:35:44 AM
do you think positive and negative issues about cryptocurency on the internet will affect the rise and fall of the price of cryptocurency. therefore I have an opinion, what if we make a positive issue about cryptocurency that may make or affect the rise and fall of the market price of cryptocurency and here we are in a very big community, isn't that likely to affect globally ?
and how do you think about it ?, I want to see opinions from your side of perspective
 Thank you for your concern
The  best  thing you  can  do i  to  educate  people  around  you  about  the  essence of  crypto. Generating  positive  news   cannot  facilitate  long  term growth  of  the   market.
40  Other / Politics & Society / Third industrial revolution on: July 01, 2018, 02:46:57 PM
When  will  the  third industrial  revolution  happen? i  would  also  like  to  get  your views on  whether  blockchain  will be a  key  component in facilitating  third industrial  revolution.
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