Do you believe Crypto Currency is changing the world?
Why do think so? What changes crypto made?
I do believe that cryptocurrency can actually change the world because there are a lot of people who can invest so believe that bitcoins do really have a bright future. The word invest make me think that crypto is basically the same as stock and property therefore not changing the world as a whole but if we see from technical aspect with the implementation of blockchain to increase efficiency, it could change the world, but saying that crypto could change the world because someone could invest, that's just too bland.
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reading whitepapers is a great source of information for new people to the cryptospace, alot of these concepts seem very not needed sometimes I recommend you new folks to read Mybit whitepaper it will definetely open your eyes to a few pockets of the blockchains usage with certain sectors of the cryptosphere.
Anybody else has a couple of informative whitepapers, that opened your eyes to a certain technology or undervalued market or just good information? Im about to read deeponion's!
of course, reading whitepapres is importamt, how can you be lazy, this is your own money you are talking about as some wise investors said that if you are putting money into something which means investing then you need to know what is that thing that you are investing and that means we need to make a research and briefly see the project very carefully so that we will know every smallest detail although you don't need to do that much but the more detailed we know the more good
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In my opinion, the cryptocurrency market has not yet determined whether it is a bull market. This requires observation and waiting. Now is the key period to determine the bull market or bear market. You can wait patiently.
people usually can safely say that the market is bullish when it reached or atleast close to the all time high and in this case for bitcoin is $20,000 which is way too far if seen from $8000 stages but hey, we're doing quite well arent we right now? so just get over with it, wait and see whether this market is real bullish or just bull trap.
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Pushing the price up? I can imagine how much million dollars you will burn for just pushing the price $50 above the current rate, that's what it needed when the market capitalization is just too big for a community to manipulate the price, the easiest way is to spread a good news, pumping just really require big resources.
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I'm surprised that the ethereum does not grow like bitcoin. I think the ethereum has everything ahead, there is a huge potential for price growth
Here we are, when ethereum price is following bitcoin's downtrend people are always complaining why ethereum is always depend on bitcoin and etc but you see now when bitcoin having uptrend and ethereum is still holding its price at the same stage people are complaining why ethereum dont follow bitcoin trend, smh.
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Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining
Hi KYC full meaning is that "Know Your Customer" .Every good startup wants to know that the participant joining his ICO where from belongs to. and that's a must for most of ICO otherwise they will be accused of having illegal ICO or not obeying the anti money laundering rules. that's what some people don't know that most of them outright denying kyc while it's a must, but if you don't trust the company simply dont give away your identity. because that's will become a problem. just find the trusted ones.
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Who uses Myetherwallet? What say about him
myetherwallet is good for me. I have been in this market for 2 1/2 years and I have never been hacked. I feel lucky and partly because of the security of myetherwallet is good. You should put your money in the myetherwallet instead of the money in the trading platform. Not really good considering that they had dns attack earlier and it's confirmed by them in their twitter accounts, I would definitely prefer MyCrypto for wallet use MEW is just have too much security attack while mycrypto still cool and barely have any attack
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I think the reason behind why a lot of projects launching exchanges because of the increasing of the number of the demand of this is kind of business in this industry because of the investors too.
The increasing demand to provide an exchange that's trustless and decentralized while at the same time the chance of grabbing money from it is huge. Exchanges has proven to be a really profitable business despite the difficulty of keeping things on coverage and improving the security.
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Hey everyone, How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
Bitcoin is like the base and foundation of all altcoins, I'm saying this because almost all alts if not all are correlated to the price and movement of bitcoin. Every move of bitcoin, alts suffer. Bitcoin goes up, alts bleed, bitcoin goes down, alts bleed, bitcoin goes sideways, alts can breathe and move up. That's right, sometimes the effect of bitcoin price movement to the altcoins is just unpredictable, people are expecting alt to go up when bitcoin go up but the reality now is that alts bleeding when bitcoin goes up, I guess it's all about the hype that altcoin have that make it certain about the market trend.
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Some people believe the market will crash anytime soon and then slowly the market cap will go up and the REAL bull market will start. In other words what you are seeing now is a false flag!
It is possible! What do you think?
Well, we don't know since many speculation fail even in the start of the year. But ofcourse if this is true then market has gathering momentum in the bearish trend and again will recover then start the bull run. Not even close the the latest ATH we are now and people expecting the bearish market to come, that's just too silly because that also means people want a destruction. Just enjoy the bullsih market while its still there, dont ever hope for bearish market because thats just too useless.
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ethereum has so many advantages comparing with bitccoin. it is faster, has a larger network size and fees are less. so i think ethereum has a potential to reach the top in long term. and vitalik is a such a clever guy that can make it happen.
Althoguh the whole market is just not dependant on the coin features and frankly speaking it doesnt do much but its community to judge which coin deserve to have certain amount of value. Being better than bitcoin in technical aspect doesnt instantly mean it will become #1
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Yes mate! That is really frustrating,i though that was the start of bull run. But as you can see,and i notice that bitcoin is the only one that have a huge pump compare to other altcoins.
still bull run, the crypto world rotate around bitcoin if bitcoin up it means a bullish market, why the other coin is not going up because most of them are erc20 token meaning rotate around ethereum while ethereum dominance is decreasing right now because the funds is moving to bitcoin.
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Prior this week, the cost of bitcoin increase by 10%, putting it over $7,000. And after that something unexpected happened: It didn’t go back down. Presently individuals are sitting tight at the cost to surpass $8,000, which would influence this recent price jump. According to you, what will be the future of Bitcoin?
And already more than 8k, although of course there is little correction. The question everyone asks is whether it is time? Because we see altcoin has not fully followed. And that is the biggest problem, because when we do not start buying, the market will not be what we want. Altcoin tend to follow ethereum price whereas the price of etheruem turning opposite against bitcoin thats why, maybe when the market just stabilize other alts will follow but seeing that bitcoin always up is a good sign of bullish market,
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Many of the features listed on ethereum as basis for the argument that ethereum is better than bitcoin is what is also available on bitcoin network and even more. Bitcoin network is extensive and definitely scale better than Ethereum.
Yeah I know that theres also smart contract rumour for bitcoin blockchain but Its actually never practically used for companies unlike bitcoin. each have its own advantages and disadvantages. Its just impossible to compare bitcoin thats mainly used for paying things and ETH to deploy smart contract.
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My friend told me about this, it start when you open some fishy link on your e-mail ( spam msg for example ). Your online wallet will be more accessible if you store your wallet information ( ex. private key and personal info. ) on your email. Is that true?
Thats true to some extent but not entirely, see when you clicked phishing link it's you that's get lured to give away your credentials data. The hacker could steal your data in your computer only if you have installed their malware, otherwise thats not going to happen.
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I think it's good to use a wallet from an exchange if it's a big good exchange because they always think about their security a lot . however I think using a hardware wallet will be more secure than both of this
See Mt.gox, they are big exchanges back then and im pretty sure that they think security a lot, but they still get hacked, whether it's inside job or not that's out of question, but, the most important thing is that the users are having loss. Just think about it before putting money for a long time in exchanges.
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I told always that long-term is better for your health. I don't need every hour open Blockfolio or same for price checking. And if I spent my time for portfolio definitions it will give me the same (maybe some less) profit but without trading
That only goes for people that obsessed with their asset, i see plenty of people that do the exact same thing always watching the price every hour but what that can do if you don't trade for hourly basis? Im not a long term people but I never that obsessed to check for my asset every single hour except when theres pump.
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That is just the sad reality of the crypto space. Too many copycats out there trying to milk the system and adding no value. And this problem is not just with Artificial Intelligence based blockchain projects it. Take a look at Masternodes for example, there are over 174 of Masternodes coins competing against each other with each one saying their idea sounds great.
I Think that is just the good news for us. more competition will make more creativity and innovation. And then give more Quality Project in the future. And about copycat, it's no problem, i think if they add more value. It's only my opinion from Newbie Crypto Investor. Copycat actually is a problem, why funding the same exact thing when there's some project out there that offers more innovation? funding many project with the exact same goal is not how you advance technology, but working together to achieve the goal is how you got it.
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I don't think so. $200 is just too low for Ethereum. It already went as little as $three hundred plus. And thinking about that it came from a very high factor at $1,three hundred plus, I cannot see the probability that it'll cross back to as little as $three hundred soon. that is a bit exaggerated. If ever it will certainly go down underneath $500 which I recall a little possibly to take place, it's going to virtually hold inside the $400 cost. that is my private manner of searching at it.
When Ethereum touch the price of $200 at that time people will realize that the price is just too undervalued and too cheap and then people will buy it again or bag holding it then the price will goes up again, although im sure that the price wont touch $200 again because ethereum is just too important to be used for ICO.
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I think that all top-level crypto currencies will still show a good price increase this year. In August, there should be very strong news for all crypto currency, so this month the active growth of the crypto currency will begin. In august there's nothing as important as SEC news recently and it's just your speculation that in august market will recover while actually it can recover everytime when the market demands more bitcoin, infact, this month is already showing sign of price increase.
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