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But with bitcoin you can't loan money that doesn't exist.
Bitcoin will never replace FIAT. They'll coexist. If bitcoin will be deemed as the only currency that we can use then lending is possible. People will always try to find ways to lend out money. How can we use bitcoin as a mode of payment if it doesn't exist? Maybe not, maybe it will but the point is not to implement bitcoin to our current system but manage to implement our system into bitcoin. We are not here talking about how bitcoin can be good for the world because it is the perfect side dish to it, we want it to be the main course. Bitcoin and crypto in general with the help of blockchain powered world could change the way we live and change the way economy is distributed. Rich are too rich and poor are too poor in this world, crypto is here to prevent that and help close that gap between the wealthy and the unfortunate. Plus the blockchain could have so many uses in politics that eventually people will see politicans for who they are and decide to vote for the pure person instead of corrupted one. All these combined can make bitcoin a bigger player than just implementation to our system. |
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Crypto receipts! This is the most perfect thing I have ever read about the blockchain: Citi has developed an instrument it is calling a digital asset receipt. It works much like an American depositary receipt, which have been around for decades to give US investors a way to own foreign stocks that don’t otherwise trade on US exchanges. The foreign stock is held by a bank, which then issues the depositary receipt.
In this case, the cryptocurrency would be held by a custodian, with the so-called DAR issued by Citigroup, the people said. The bank would alert the Depository Trust & Clearing Corp., a Wall Street middleman that provides clearing and settlement services, that it issued a receipt, one of the people said. That lends an important layer of legitimacy and gives investors a way to track the investment within a system that they’re already familiar with, the person added. I want to cry. I want to give those paragraphs a hug. I have written, more than once, about the complexities and inefficiencies of having pretty much all U.S. stocks held by DTCC. “It’s enough to make you wish for a blockchain,” I once wrote. A secure, open, permissionless, immutable record of who owns what, one that doesn’t require investors to trust either a bank or a central Wall Street intermediary or to rely on those intermediaries’ old-fashioned systems: That is a core dream of the blockchain, a central appeal of cryptocurrencies. And then here is Citigroup Inc. looking at investor demand and concluding: Yes, sure, Bitcoin is great, but what Bitcoin investors really want is to hold Bitcoins in the form of receipts issued by a giant bank and registered at DTCC. That’s where the real innovation is! That’s what the people want! “Take this blockchain away from me,” they cry, “and give me the old system that I know!” A claim that you sometimes hear is that the blockchain will revolutionize back-office processes — settlement, custody, etc. — in the financial system. But look at the actual experience of cryptocurrency custody. The main story of institutional investment in cryptocurrency these days is a story of custody, broadly speaking: Large institutional investors want to get access to Bitcoin, but they do not want to own actual Bitcoins, themselves, on the actual Bitcoin blockchain. They want Bitcoin exchange-traded funds, or Bitcoin futures, or Bitcoins held in custody by regulated crypto exchanges or traditional big banks, or, sure, crypto depository receipts, why not. Everywhere there is a blockchain, a trusted central intermediary — often a bank or other old-school Wall Street middleman! — springs up to make it useful. Does that tell you anything about the prospects for blockchains to replace central intermediaries? I confess, though, that it goes the other way too: “Two financial technology companies won New York state approval to issue cryptocurrencies pegged to the U.S. dollar,” the Gemini dollar and the Paxos Standard, “creating more regulated and transparent competitors to Tether and other so-called stable coins,” which are in turn competitors to … the dollar. If you want to hold your Bitcoins through a bank, you can, but on the other hand if you want to hold your dollars through a blockchain, you can do that too. https://www.bloomberg.com/view/articles/2018-09-10/keep-your-bitcoins-in-the-bank.... Summary: Citibank has created something they call a "digital asset receipt(DAR)" which could allow purchasers of bitcoin to have banks hold their coins. The details aren't clear. There isn't much information posted here about minimum purchasing amounts or who digital asset receipts will be marketed to. Its nice to see innovation and new offerings for crypto enthusiasts. Although I have a feeling these digital asset receipts might come bundled with $100,000 dollar minimum investments and cater only to high(er) end demographics. I would guess some would opt for DAR's if they could provide insurance on bitcoins and crypto up to limited amounts. It’s good to see innovations like this, but they don’t really matter to me. I have seen a lot of news about Bitcoin banks and the next day you won’t hear of them again, don’t know if they are scam or what. And I don’t think need anything like or DAR (as you said) for storing my cryptocurrencies, not when there are cold storage that is more safe than all that. But let’s what this offers, if it turns out good there will be no doubt a lot of people will go for it. |
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IT is good new to hear. IT is a proof showing that more countries are open into bitcoin, and crypto currency. THerefore I have more belief in bitcoin that the development of bitcoin can meet my expectation, IT don'n make me disappointed
Unfortunately my country has banned cryptocurrency several months ago. Now it is hard for us to cash out our coins easily as before. I think the government has some restrictions about cryptocurrency and it will allow us to invest and trade in crypto and my country will also be one the country that legalizes crypto currency. It will take some time. |
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It is not only wrong idea it is very bad idea
Convincing others is generally very behavior it you will observe yourself a little you will see that it cause negative result for person you want to convince and for yourself
Now tell me do you really like to gamble is this funny for you you make money that way
Just tell anything real
A pretty bad one honestly. I imagine when the person you influenced into gambling turn out to end up becoming an addict because this same person could not control him or herself, as someone with a conscience, how will the OP feel with himself eventually. It is even the best thing to always let people understand how they should be approaching gambling by not putting too much emotion into it, instead of trying to lure them into it, when you know if care is not taken, things can get out of hand for them. |
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Select the promising coins from coinmarketcap.com, choose first top ten coins. Coins such as bitcoin, Ethererum, Litecoin, Neo, stellar. These are the most promising coins in the crypto market.
It is easy to choose the best coins for your investment. See the chart and select the top currencies with huge market cap. The currency with big investment capital would be the better chance for investment. In my point of view bitcoin should be the first and last choice for your investment. It was, is and will be the top crypto all the time in the future. Different people have different choices for their investment. Some like different Altcoin and many people like bitcoin for better profit. I also like to invest in bitcoin because other coins are far behind than bitcoin. They will have to travel a long distance to reach the current price of bitcoin. Anyway I like stellar, Liza, monero, Ethereum, ripple, Torn and litecoin for my investment in Altcoin. |
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here We see traders who are experienced with beginners,
usually beginner traders will worry and release all their crypto assets to withstand a lot of losses, but for professional traders they actually sell / buy at a small rate, and get results to cover losses.
In fact experienced traders know how to cover their lost. Newbie having no experience in trading always face to make lost. I think that they need to remain a little cautious and should try their best to trade with a little amount of money in beginning, so that if they lose money they may have the power to bear the lost. |
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Which is the best time period in a day for Crypto trading, where more traders participate in trading??
That would depend on the situation value of the coins dude, if you think that the coins which you have in your portfolio will get pump of course you will do trade at once, then when the coins will get dump if you have capital budget you buy if there's a chance, isn't right? Besides, you can do trade anytime you want as long as you have the coins or capital you/we are free to do it. To me I personally do not think that there is any specific time for trading. I think that its totally depend on you that when it is convenience for you to do trading, but it is important for you keep your eye on market for all time so that you may not missed the opportunity to buy something when the market is trading low. |
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Because younger people are much exposed to negative things now compared before. Our culture is also different and the source of information can be acquire anywhere using different types of technology. With this, younger people has more advantage and gambling is the one they have learn through this.
It is true that most of today's addicted people are the young ones because we all know that the young ones are the one who are most exposed to todays negative things. Young ones are the one who spend their time playing games, playing outside and worst is playing gambling. They didn't think of the consequences they may take. I believe that parent's must be aware on this to help their children and guide them. We all very much know that young people are very much addicted to gambling but we should first ask why young people are gambling in the first place, In my country lack of jobs have driven the youth to gambling and even underage kids are even gambling. New generation is going on very wrong side. There is no brotherhood and humanity in today’s young people. They just need money and for that they want to choose the shortest way and online gambling provides then this opportunity. Mostly students play online games for gambling. Their elders do not know what are they doing in their rooms and this is wrong. There are so many reasons for that, and I think that the main reason is unemployment. Mot of the young people when they completed their study searching for a job, after some time when they become dishearten they start playing gambling which they consider as the shortest way of making money. |
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In my opinion to learn trading better and to make our self become expert more faster is good to join any trading course. By learn all about trading direct to expert, we will know what should be doing first and how to make profit by learn technical and fundamental analysis and also psychology of trading.
I think, everyone has their own instincts in terms of buying and selling. Well, I also feel that it's better to try trading for themselves, so they will learn. well, basically this is the law of buying and selling, and we usually do, even almost every day. It is too much important to get assistant of an experience person in very beginning. But it is also too much important to spend a lot of time in trading. Your experience can make you a perfect trader and it can only be possible if you will spend a lot of time in the market. |
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For that predictions I could give profitable value for bitcoin that $20k will be much stable compared from now. The system become more lively and traders will not panic that worst like what's happening right now. They've learned from their mistakes and they won't waste their time having bad emotions.
This could happen easily as still 2 years a long time if you considering this year has being very slow and may not be case for next 2 years. If we see some good demand in coming months we could easily see the price of btc to rise and get stable above 25 - 30k. So buying at lower value now will help everybody to make good gains. In fact we cannot predict the bitcoin price for a single day, so its too much difficult to give any prediction about bitcoin price for next 2 year, I think that we can only hope that even after 2 years bitcoin price will trading too much good. |
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I always trade my altcoins as long as it reach my desired price for my crypto. Or if i can get 30% profit from the moment i buy it in an exchange.
I wonder how well you manage on trading since the market volatility is unpredictable and is not so stable. Doing a day trading is tiring specially if you keep looking on the chart to see if you have reach the desired price or not. Though doing it on any exchange may seems to easy but takes a lot of patience to do it and i swear it's not that easy. I appreciate your temper on trading mate. Experience and knowledge can be the only why which can help us understanding the market and to get profit from there, otherwise it is right to say that market is always unpredictable and no one know in advance that what is going to happen in market. |
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Hello Everyone, I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated. Thank you  Investing your life savings is a huge risk to take, you might invest your money with plans that the price will increase at a particular time but things might happen not to go that way as you expected it to be and you will end up losing a huge percentage of your investment. Some people tried that earlier this year and price dropped and most of them lost more than fifty percent of their money out of thinking that price will continue to rise. |
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Both ethereum and eos are very strong coins and when the market will start to grow we will see both of them being in top.
They are really very strong coins with potentials and I believe over time, EOS will also be able to drag some good position in the space. |
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Not really. I always feel i gave all my money to them everytime I go gambling. Its more often that i lose than winning happily, I just went there to please my self and enjoy. Gambling is really not for me and I find it in a positive way. In this I can prevent myself from getting addicted unto it. Self control is the key.
No I never find success in gambling. Gambling is not for success but for failure. I have never seen a gambler who won a lot of money and quit gambling forever. Addicted gambler play regularly and at the end they lose all their money. Gambling is a bad thing and a bad thing has no success. You will lose your money, respect, car, property and even your home. |
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Most of the gamblers know how much risk involved in gambling. All are aware of the outcomes and consequences. But, nothing offers huge returns (only if you are lucky enough) like gambling. That's why people keep playing on casinos. Even if they bust they would probably come back to recover the losses.
Coming to your question, I never had experienced any kind of consequences due to gambling so far. I'm not a regular gambler.
But most of them will get busted by playing gambling for making money.When we are trying to chase back our losses then the consequences will be much severe we may end up the wealth at no money so for that we don't have much confidence while gambling.I know the problem of gambling addiction so I always play within the limits. I think gambling should not be for making money because it is not business, you will lose everything in greed of making money but all your efforts will be in vain. Better not to gamble because I have never seen a gambler who made money in gambling. All lose their money at the end. I just gamble for fun because I know the bad consequences of gambling. Death or mental hospital is the place for regular gamblers. This is the consequence of gambling. A regular and addicted gambler play until he lose all his money in greed that he would win now and in the other game but all in vain and finally he lose all his money and even goes in debts and then the result is suicide or he become mentally disturbed. |
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