These are clickbait articles without any substance to rely on. It's highly unlikely that bitcoin will be overtaken by any other currency at any point of time in future. There will be currencies which will give a little competition to bitcoin but there's no question of overtaking it. In real world comparison, it sounds like South Korea overtaking the economy of US. That's not gonna happen.
Pioneers always win in majority of the cases (there are exceptions obviously). But the way bitcoin has reached the crypto users and the way companies are using it as an alternative to cash reserve, there's simply no turning back for bitcoin.
Exactly, there is no cryptocurrency that is ever going to be capable of overtaking bitcoin especially when it was created with such characteristics, if someone wants to create something that could displace bitcoin then they need to create something different that is just not a fork of bitcoin, a cryptocurrency is never going to cut it, it will have to be a different concept, however this is getting more unlikely by the day as each day that passes in which bitcoin not only survives but thrives makes it more difficult for any other concept to surpass it. If we look at how the dominance was shrinking mainly because of ETH's performance I would tend to not say never ever. In the beginning I never even believed that its dominance might decline so much but now the whole situation looks differently. There needs to be more development for Bitcoin as well. Especially development that makes it more user friendly in terms of speed/cost and privacy. |
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Mining network back in the action so the huge clog of 200K transactions were abled to clear in the last few days not the network back to normal which may need 40-50sat/byte for a transaction when the network is highly spiked up but yes earlier today the 3-4 sat for the fastest transaction remains for very long time for the users to make cheaper transactions.
Each coin's transaction price is going to get more expensive in the fee when the more transactions are created at the same time.
Was that just fora short period of time? When I last checked the transaction fees they were still double digit. I thought about depositing BTC at an exchange but no was too expensive. |
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Who knows if that is a post Yahoo themselves submitted. As far as I know they allow guest authors to write articles, pay for it and submit it on their domain. The person who wrote it could literally be anyone not associated directly with Yahoo and there is reason to believe that it was a fanboy of the other crypto assets. That article has been posted in many places if you just google the author's name. |
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Anyone knows what even happened to Facebook's plans to develop their own digital currency? Did they forfeit those plans or is there any specific reason for the delay? Haven'T heard anything about it in quite a while.
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I have been using this exchange for many years, I saw problems in work only during a big storm associated with a fall in the entire market. Now everything seems to work quite correctly. If you have a problem, then perhaps the problem is with the coin or token that you are withdrawing.
It does depend on the coins you are holding or trading. Every now and then they charge outrageous withdrawal fees which make no sense at all. They should more often double check what their system calculates for transaction fees. |
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Do you think such a debate would bring more investors into the crypto world?
Definitely. I have no doubts at all. Such interview/debates are always helping bitcoin world to be growing into new levels as such debates are bringing new investors on board. Promotions are always good for making more people to adopt and I am seeing these debates are kind of promotions for bitcoins. Even some people do not get convinced on hearing about bitcoin for the first time, they will get back to know more about bitcoins if they come across if bitcoin gets into higher prices like $100k or anything similar. So, having this kind of debate is very important. But the price debate shouldn't be the main motivation for newcomers to get into touch with cryptocurrencies. The financial incentive does play a role, but if they willing to put in the effort and develop a decent understand of cryptocurrencies they are much more likely to turn into real Bitcoin supporters. That's why debates are important, but those talking in favor of Bitcoin need to be good at breaking down complex theory into practical knowledge. It's only when there is a lot of hysteria in the market that google searches shoot up and many of those interested are rather watching out for a quick buck than about understanding Bitcoin in depth. |
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What Tesla did with bitcoin could be considered market manipulation, and that's a serious crime considered by the US government. The fact that the company invested $1.5B and make it public that bring a lot of investors to bitcoin, and after that, we see how bitcoin has a crazy jump in the prize, and now they sold the 10% when bitcoin was on its ATH. As a reference, I will leave this link: https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/market-manipulation-pump-and-dump-fraudSo, the question is, did tesla make market manipulation and you think the company will be charged for it? Honestly, I didn't know that pump and dump was illegal. I mean, surely it's a morally questionable and harmful strategy, but making it illegal seems a little far-fetched to me. And isn't it what guys on Wall Street do all the time? Isn't it how trading largely works? In any case, Tesla invested in BTC and announced it. This definitely doesn't qualify as anything illegal. And any company has the right to cash out on investments whenever they see fit. Besides, Bitcoin is not low on trading volume, so I don't think investments into it can lead to legal action. I agree and it is only so controversial because it's about Elon Musk. If it was some average dude with maybe just a hundred million net worth nobody would even be discussing such tweets. I fully agree that it's controversial but so what? Send Musk to jail for communicating his opinion? It is a problematic case but he wouldn't b doing what he is doing if he wasn't certain that nothing can be done to him in terms of manipulation and the applicable laws. |
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This is what I call an interesting thread guys!
Tried to read upon it, is it a solvable puzzle after all? By now the 32 BTC are a juicy prize pool. What is the motivation for that person to do this? How did OP even notice this address cluster? By coincidence is OP involved?
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It is obvious that world billionaires are indicating interest into bitcoin of late ,for instance Elon Musk twitted that you can now purchase his Tesla cars with bitcoin, is he trying to hod bitcoins so it will be scarce then he control and dictate the price of the market or is it for the good of bitcoin that we have been expecting ,what do you think
Billionaires like Elon Musk and big companies like Tesla have enough money to buy bitcoin in bulk, in amounts that are up to billions of dollars, but I don’t really think any one of them are ready to hold for a very long time. All these investments that they are making are all for profit and I don’t think there is any other plan apart from that. That is why you have seen Tesla sell a percentage of their Bitcoin assets. If they should buy up and have no one to sell it to, then it’s of no use to them. They will always want to invest in something that will grow as a company, and for them to grow, capital is one of the necessary things that they need. Also what does hijacking even mean in this context? Bitcoin is huge right now. Even a billionaire slowly but surely will have trouble to gain massive influence over Bitcoin. We are talking about a trillion dollar coin. If you own $5 billion in cash, even for it is not a trivial task to gt control over that coin. Especially when they start in bulks they also further drive the price up, making it even harder for themselves to gain influence. I guess Bitcoin is beyond the critical point where a billionaire could try to gain major control. There is only one other possibility and that is that they already own the majority. If you invested a billion in 2014 or if you slowly bought over two or three years back then, you could afford to buy half a million Bitcoins for sure. That is a realistic scenario and I also believe that at least a few banks took a gamble back then and just bought coins maybe even just for a hundred million. That's change to them. |
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Governments can't do anything except upto a limit to regulate crypto and Bitcoin, they can't chase it till infinity because quite simply, Bitcoin is way above their league, literally, they can't control or regulate it. But the bad thing is, Bitcoin is limited and will only continue till 2130 I think, that's what gives it value but something better will replace it, so the legacy will continue till we see the end of the world I guess  There are a couple of things they could do like restricting stores from accepting it. There is nothing you can do as a store owner if Government doesn't allow you to take anything for payment other than the national fiat currency. This should not be a threat to the government, precisely with the existence of stablecoins the government must be able to innovate by creating its own digital money and must be able to compete in order to make it easier for its users by charging cheaper transaction fees. The existence of cryptocurrency is able to provide business opportunities, the government should not prohibit or destroy stablecoins instead the government must be able to provide strong support for it The pros and cons of Bitcoin will always be there, because many are misusing Bitcoin, that is the main reason the government cannot fully accept Bitcoin Yes but if they create their own digital currency they can pursue every single step we do. Who wants that? They can only force us by law to use their digital currency or they can allow for Bitcoin to be relevant and finally allow us to use that digital money on a daily basis! I would love to see regulations that favor Bitcoin! |
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~snip
It depends on what is in the video, if the information about the Bitcoin vs Gold debate looks like it is very difficult to go viral if uploaded on unpopular platforms. Because nowadays people prefer to share funny videos or related videos about sex which are very easy to spread. So it is very important that we choose platforms that are popular so that the videos we share want to be watched by many people. Even many my friends and family still don't know cryptocurrency, maybe cryptocurrency should appear frequently on television and popular platforms. So there will be many more who are familiar with cryptocurrency. I don't think that we have to worry about that because big platforms have already took care of making a video accidentally become viral because they are employing and continuously improving their algorithms as to which videos to recommend to their users. Yeah right, recommended videos are all over the social media sites, the moment you search or you accidentally watch any videos it will reflect to your account and there videos which related to what you previously watch to comes up. For now, that debate is already known and it depends to whoever who'll going to watch to dictate their opinions. If this are explainer videos I am ok with it because they really give great instructions, but if it is just videos for the sake of making videos, then what is the point for the community or even newcomers to watch that stuff? |
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Three years! This shows you are really a long term hodler, and this has actually paid you off buying bitcoin at 2018 prices was really down compared to the prices we have now, I guess u must have been 20× richer than you were three years ago, this is the power of investing in the right asset and also having patience. You know patience is one of the key factor of being successful in this crypto space, imagine the profit you must have made so far for just buying and hodling. Crypto is the future it has wiped away poverty from most axis of the world.
He was tough enough to go through the ups and downs! It wasn't really easy as Bitcoin is so crazy and doing whatever you can't anticipate. At the same time it is fun because where else do you get so much excitement when you are invested in something? Bitcoin is so much fun man! |
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Congratulations to you and I’m pretty sure it was worth it when you withdrew 5% of your holdings. I, on the other hand have been holding my Bitcoin for 3 years now too and I might be selling some of it when my daughter graduates this May and maybe have her hold some of it for future use.
We are dealing with a daddy here, that warms up any heart! I hope so much for you that Bitcoin allows you to be the generous dad you would like to be on such an occasion. If you don't have that much Bitcoin or cryptocurrency, it doesn't matter. You recognized the trend! Teach your daughter to recognize fundamental developments and she'll be doing well. Have a great graduation and if you like, tell me in PM where you are from! |
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Whatever the dispute or discussion about gold and bitcoin, the question should not be which is better or worse. This is the choice of each individual investor where to invest their money. And it is up to each person or company to decide whose arguments to listen to, whether they need profit or saving money in an attempt to avoid inflation. In my opinion, the best option is when you have both gold and bitcoins and other currencies.
As you correctly point out, everyone has his or her perspective on these two two investment opportunities. There are a lot of people that aren't as closely attached to digitization and digitized assets. We here on this forum are all for Bitcoin I guess, but we have to understand that there are a lot of investors who still are so keen to rather hold gold than Bitcoin. Let everyone make their decisions! |
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Bitcoin will persist endlessly, whether bitcoin is used for transactions, payments or any other purpose or not, once nodes and blockchain are formed, it cannot be broken. more than 12 years of formation, it is not born of creation, It is a great technology, making dreams come true. As all of us here love bitcoin as our subconscious is, the government will not be able to stop it, even if the CBDC is formed. They cannot oppress and blame citizens to stop using bitcoin. That is inherently freedom.
You don't know if that is the case and you will never find out because you will die. The only way you find out is if Bitcoin becomes irrelevant before you die and I am sure there is chance that could happen. Do you know how we transfer and secure data in 30 or 40 years from now? I have no idea at all. It could be anything that we now can't even think of. |
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Is the withdrawal fee around $100 (400,000KICK)? It is too high despite the high fees of the ethereum network.
I think that the withdrawal fees for kick already adjusted as the price increase that happened with kicktoken. The withdrawal fees totally pegged with the USD calculation. When the price for each kick token was going up and this will make withdrawal. I think that OP already withdrawn his kick from the kucoin exchange site Even if they adjusted they should have an automatic update system in place that calculates reasonable withdrawal fees. They are running a crypto exchange but with stone age technology or what? Are they calculating the withdrawal fees manually with a calculator? This is a must concern of each exchange because their main goal is to earn by serving traders , so why do they let this happen? imagine about the withdrawal requirements and the fee to make it happen? I'm starting to lose trust in Kucoin if this will not be resolved sooner. I had this problem myself before when I had some minor amount left but not too small to disregard it. I wanted to withdraw it to my wallet and it said insufficient funds because the withdrawal fee was higher than my amount left on the exchange. Withdrawal fees in Bitcoin and Ethereum are high, we know that, but for some shitcoin charging 50 bucks and more is not funny. |
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I like Bitcars. Have never heard of them before but it's a good choice for a car dealer to call your business Bitcars right now. If he gets the SEO right and you google Bitcoin and cars maybe that's the perfect match and you'll find him right away. You are right about that. When you do a Google search for the keyphrase " cars for bitcoin", Bitcars is the first result on Google. A targeted search for " buy cars for bitcoin" also places the site on the top of the search results. Even longer keyphrases like " how to buy cars for bitcoin" yield the same results. Based on that, I would say they get a good amount of traffic from bitcoiners who are looking to spend some money. Cool and I didn't even check it out but it makes perfect sense. It's a quick way to turn your crypto profits into something useful. Otherwise you would have to cash out first and then get the car. This way you just easily transfer your money with any cryptocurrency and not even bank finds out you now bought your 7th luxury car within a single month!  |
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Just another baseless rumor and these sort of stories really make Bitcoiners look like buffoons in front of others and make them a laughing stock. If mainstream investors are still hostile to Bitcoin and the other cryptocurrencies, then you don't need to look too far for the reason. Rumor mongering such as this one is the primary reason. From what I have found the proportion of fake news being spread in the cryptocurrency sector far exceeds those which contain at least some amount of truth.
You never know who put that rumor out for discussion. Could have been anyone for any reason, but I also find it ridiculous to even discuss whether or not Facebook holds Bitcoin. To me it wouldn't even be big news anymore. Would it be big news for anyone around here if Facebook says they own some Bitcoin? |
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It's always advisable to keep holding, but each case is one case and each investor knows his investments better than anyone else. Furthermore the most important is to be satisfied with your experience dealing with bitcoins, selling it or just holding. So if you are happy for selling some coins, that is awesome. It's really nice to see you bought it at a cheaper price and was able to turn it into big profit. And the best part is that you still have 95% of your coins under your total control. Bitcoin is really a great invention!  On what grounds do you decide to advice someone to always hold? Always hold and never take profit. Just keep Bitcoin until you die. Even if you could have a great life selling it, hold it. He is happy because he made a good profit and can now afford other things instead of the Bitcoin. He values other things higher than the potential for that portion of Bitcoin to further go up. That is a reasonable consideration and not narrow minded like hold forever. |
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There have been debates like the on between Peter Schiff and Erik Vorhees and I like those debates a lot. What's important is that the debaters are strong or otherwise it's just boring. Vorhees did so well he really nailed it and you had the feeling all the time that Peter Schiff couldn't really counter his arguments. Schiff had to stick to his guns as he is fully invested in gold.
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