Now that governments have a competitor in terms of currencies, do you think that they will make an effort to make the economic system more transparent or will they just try to ban everything?
Good thing, bitcoin is cryptocurrency and cannot be easily corrupted by anyone. Fiat money can be and if politicians wanted bitcoin, then they will do on fiat money first before bitcoin. Bitcoin will never reduce corruption because it is not its work. The only thing that can reduce corruption is the government alone. Bitcoin is digitally created and its nature is in the online world. |
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any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
As a beginner, there are alot of things to learn especially when it comes to trading. First, you must choose the right exchange. An exchange with good security features, easy to learn features and have a good volume of coins. Choose the exchnage with most number of listed coins. In terms of selecting the right coins, once the coin is already listed, they already have value. Select the coins that you can afford to buy. Lastly, always be ready on the things that might happen to the market chart. |
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This thread is for new Bounty Campaigns!
I struggle finding them so let's help each other out.
Share with us where the new or even fairly new bounty campaigns are for altcoins
I hate starting a bounty campaign with little time left to earn tokens enough to my liking
Please share where the newest and best bounty campaigns are! 😉👌
Go to marketplace and choose bounties in its childboard. For a newbie like tou, you have to rank up to Junior zmember before you can join signature campaign. However, there are alot of campaigns available for you. They are twitter and facebook if you have these two. Blog campaign if you are good in writing. Video campaign if you are skilled in making quality video. Telegram campaign and many more. You have to be hardworking in finding bounties not just depending on others suggestions. |
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YOBIT, CRYPTOPIA, BINANCE? WHICH ONE?  ?? Binance is a good exchange. It is easy to use especially if you are new to trading. Most coins their are trusted and has a good volume. Almost altcoins can be tradeable to binance. Hiwever, you cannot trade into fiat. There are also other good exchanges available like livecoin, kucoin that have good security features. |
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Is it enough to be smart with just nothing to lean on and go on with your life? Because i feel that there are a lot of people who doesn't know how to handle their money with regards to see in the future. Is it enough to be smart and not be strategical or somewhat a person who has a lot of experience. Who would you choose?
For me it is required to be a master of both things like of course you can not have experience if you are not going to try and some people would think it's a waste of their time if they are doing what they know already like repeating their work over and over again. So it should be in a balance.
I would choose to be strategic. If you are strategic person, you are wise and have solutions to everything. You can easily adapt to situations. Also you are able to think of easy ways on everything. If you are strategic, they will also regard you as smart person. |
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If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
Buying bitcoin now is still really expensive. Buying whole one is hard so people just buy fraction of it. If the price will decrease to 2.000$ then we can buy whole bitcoin again. This time, it is better to invest in altcoins because they are affordable then kater you can trade them for bitcoin. |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
I beleive no. Bitcoin will remain a cryptocurrency that resides in the digital world. People know about bitcoin and do bitcoin. However, by 2020, not all people will do bitcoin and wont serve to anyone. There are astill countries which are negative to the idea of bitcoin. There are governments whoch are resisting and actually banning bitcoin. Not all people also have the positive thinking about bitcoin. Consider those third world countries. |
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PINCOIN https://pincoin.io/ is one of the hottest ICO in this month. They manage to make the presale succesful beyond expectation. Presale 1st round = sold out in hours Presale 2nd round = sold out in hours. ICO ROUND 1 = sold in 1 HOUR!!! The value of this token reached 0.85$ and its quite big for a new coin. I got some during the presale and I was surprised when the price reached that high. Likewise, the idea of pincoin is very promising because of the "sharing" with profit features of pincoin. I am so grateful for joining the ICO of pincoin. |
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I decided to quit ICO's. From December till now I invested about 5 eth into several ICO's. Invest what you can miss, this is what was able to miss. Right now the first few of my ICO's have reached the exchanges. Most are under performing, but this is related to the overall dip (can be read everywhere). I understand, but ICO token economics have changed also. - massive hardcaps
- most is sold in pre-sale to big investors, leaving scraps for crowdsale
- much attention to marketing, less to working product or realistic time lines
- immediately available on EtherDelta and IDEX, sure sign of little interest in token economics/future
- no lock on pre-sale tokens, whales take their x2, x3 or x-whatever as soon as possible (I would probably have done the same). Prices drop to below ICO price.
- too many ICO's without distinctive differences.
- too many ICO's in general
- too much tokens reserved for team/marketing
- many ICO's don't even have a crowdsale anymore (which perhaps is a good thing as the little investors are protected this way)
- ICO prizes are quite high. 1eth = 1000/4000 tokens is pretty common, but with a hc of 40 million, this will not easily go x10 or more.
I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price. Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem. Some may seem like a fantastic solution, but often it is marketing combined with a strong team, and not so much a great working product. And who am I? I am definitely a nobody  , but still wanted to share my experiences and perhaps save people from thinking of getting on board of the next x100 ICO  p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x' Investment is really risks taking job. Sometimes you loose and sometimes you win. Your statements are true and valid. There are many ICOs now and most of them are hanging once they finish the sales. What happens next after that seems too difficult to predict because most of their roadmaps are too ambitious. Also, the tokens are too large in which, very cheap when traded or sold. |
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Totally eliminating banks will be impossible. Governments and banks are two strong allies in terms of money, funding and lending, gaining and profitting. Banks are important in every government because they can control them. In terms of cryptocurrency, they should be separate as long as we can because they have different ideas in terms of investment, assets and even trading. |
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I agree to used bitcoin as a donation for some reasons.
1. People who give great help to the church are becoming increasingly anonymous.
2. It is easier to monitor the entire proceeds and avoid suspicion of having a claim.
3. The transaction is faster and less expensive
This is just my opinion.
#Datarius
What a great idea. Bitcoin would be more useful if we donate some for church purposes. However, donating it in bitcoin form will also create "corruption" in the church especially when the address can only be accessed by one person. Likewise, not all church are into crypto world meaning how about the wallet for bitcoin transfer? |
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Is Satoshi is dead,If not where is he now and what is he doing right now..Bitcoin price is down sharply. Can he do something?
Only him and his family know where Satoshi San is. He is not responsible for the price of bitcoin, he only developed Bitcoin but not to control the price. None of us would have know the location of Satoshi and it is better that way because if people know his place, then his life would be in danger. A lot of whales will chase him and force, maybe, him to develop more bitcoin. |
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given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?
home internet and mobile internet goes down
do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away
One of the limitations of Bitcoin is internet connection. If you do not have internet connections, basically you cannot access it. On your question, if you don not have home internet ot mobile internet, you can use internet cafe to access your bitcoin. Internet now is a necessity to all people. It would be impossible to shut down the internet in the whole world. If war would come, which is difficult to predict, then all people would not access their bitcoin because it has no use anymore. |
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why Microsoft Removes Bitcoin as Payment Option for Microsoft Storew?
As we all know, Bitcoin is volatile, unstable price. I believe and I also read that the main reason is Bitcoin's volatility. Because of the sudden change drop of the price and sometimes sudden increase, Bitcoin payments are affected in the microsoft company. There is no exact amount of the Bitcoin payment and microsoft would lost a lot of money if that happens. |
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If all paper money were change into Bitcoins, can it be access and use by everyone? how can the beggars access Bitcoin?
They ecannot access Bitcoin and its very sad for them. If all paper money will be converted to bitcoin, I will initiate to train the beggars about Bitcoin and give them free access to internet. I will also raise fund to give them smartphones or computers so that they can access and make transactions in bitcoin. If we all do that, then the beggars will also have the chance to be rich. |
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By plan i mean when do you plan to cash out. Is it when you have made enough to buy a car, a house maybe? or are you setting your sights higher?
Personally i'd just like to own my own home, after that i would just play with spare change.
My plan, after settling everything stable, having a business and a car, i would like to stay active in business and continue doing Bitcoin. After producing good things from the profit in trading and investment, I would venture into the physical businesses and I want to keep it growing. |
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