why on earth Monero needs fork? i think we have 3-4 versions already ( i might be wrong maybe more - can't keep up with those forks )
Actually there are 12 versions. You can see map of full nodes here. https://community.xmr.to/network/ It looks like no one runs first 8 versions. around 1/3 already runs new binaries. 10 days ahead of schedule. Monero forks to upgrade its protocol. Since it is on the edge of technology, there is so much development that it had to happen every half year. Now Monero is quite built and all this progress should slowly slow down. Since Monero ecosystem grow over time, this protocol upgrades are harder and harder to smoothly accomplish(more smaller exchanges and merchants, that dont have time to monitor Monero development, need to upgrade). We will for sure see new upgrade in spring next year, then my speculation is that they might move to be every year instead of every half year as right now. But I could be totally wrong. And there could come some sudden easy to implement innovation that would make Monero transactions faster, smaller or harder to trace. |
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The European Central Bank has long had negative interest rates of -0.5% charged to banks that keep their excess reserves at the central bank. The thinking is that this will discourage banks from holding excess reserves and they will instead lend the money out.
Unfortunately, not only are the banks continuing to hold excess reserves, they have now decided to charge their customers negative interest rates to make up the losses:
To many bankers and economists this is totally normal. I dont know why. Nothing will change before USA will also have negative interest rates. That should happen in 2021 or even next year. |
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There are no price predictions here it's just something I've been thinking on a lot in the last month or so. During the last price run-up, countless predictors and TA personalities were saying this over and over. Once we close over 10K you'll never see a 4 digit BTC again. Well here we are 2 months later and we are below 8k.
$10k is a lot of money for one Bitcoin. We are less then a year from bottom. In last cycle 11 months after bottom so in December 2015 price was at armoured $400, so 1/3 of previous ATH. That would give us sub $7000 price right now. We are exactly where we should be. $10000 is reserved for next year. |
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Yup probably a group pf whales accumulated for few months and now they pumped price with some announcements and hype to dump on greedy prey. |
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A new record has been set with over 6,000 Bitcoin ATMs installed worldwide. Everyday, cryptocurrency achieves a unique milestone which further puts it in position for global adoption which is inevitable.
In past it like doubled in one year. So we can expect over 10000 at end of next year. Africa is still almost empty. |
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But they got outvoted, and there is nothing they can do about it unless they exit the euro. Of course if they exit they'll need their own currency and they'll have to prove to the markets that the central bank can manage that currency well - and having a reserve of gold will be part of that.
That is ow it is in confederation. Texas also cant do their own implementation on USD. They need other states to agree with their proposal first. Where would we be if all European countries would be against Netherlands suggestion but that suggestion would be accepted? Definitely not in Confederation. |
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Some have suggested that the news of Google’s new checking account, Cache, could be a potential culprit. Called a ‘Bitcoin killer’ by some, the tech giant’s new offer would allow users to have GooglePay dedicated Citigroup checking accounts.
Come on man. You cant be serious. Maybe Libra could lose 5% if it would exist because of GooglePay. Not Bitcoin. i would say because of impeachment Trump is not making a clown of himself as he did before. That made Bitcoin way less bullish as did in first half of this year. |
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This year some new things happened in crypto! The initial sale system changed to IEO, there was IAO, IGO and so many new model, but only IEO lives! However, my point is not that!
This year the Deflationary Ethereum based token based projects attracted me well. In every transaction, a certain amount of token will be burned automatically and the supply is very limited for every deflation project. The BOMB, Blockburn, Nuke, Bags, Blast, Fuze, and so many projects have come, but what happens next? It seems only BOMB and Blockburn project survives, others all likely dead or scam!
The idea was very unique, then why they are not making a success? What can be the reason guys?
If the sole feature of token is to be burned then yes that is a scam. LOL. Just think of it. If only thing that gives value to token is that it get burned and nothing else. You dont need to be Einstein to figure this out. It is like Ponzi scheme. |
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So what's all this talk about monero.org being hacked and some malware being downloaded from the site? How does something like this happen to one of the biggest crypto projects in the space?
I just read about it. Apparently for 35 minutes download links on getmonero.org for new CLI were changed. https://np.reddit.com/r/Monero/comments/dyfozs/security_warning_cli_binaries_available_on/Locks are for honest people. They all can be broken. What is nice to see is that it was noticed in 35 minutes. Oh and GRIN main trait is how scalable it is and not how unlikable are its transactions. If you look here on this 14 videos of Breaking Monero. https://www.youtube.com/playlist?list=PLsSYUeVwrHBnAUre2G_LYDsdo-tD0ov-y And see how many possible attacks were/are to increase chances for attacker to link Monero transactions. Then you can imagine how many episodes can someone make about Grin. |
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please suggest me some best altcoins that can easily give 2x profit if I hold them 1-year.
All coins can give x2 in one year. They can also give half in a year. Of course both can also happen in a week.  |
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I want to establish a company to sell software to help in bitcoin trading.
I could get paid in fiat via a payment processor, but even still, banks have told me at one country I was going to incorporate in, that even getting euros or dollars on my account from such business would be a problem.
Is anyone aware of countries, preferably, of course, with a low tax rate, that don't have issues with their clients getting money from this?
Thanks.
You need to focus on banks and not on countries. Some banks are friendly then others. There are little countries where country itself pressures banks to not serve people/companies dealing with crypto. |
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Is the halving a catalyst for a Bitcoin price bubble?
Imagine mining reward as a cost to run Bitcoin. When cost halve then yes value of Bitcoin is to increase. It is simple as that. |
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I tend to believe too that Bitcoin is not fully decentralised yet due to unequal distribution because large miners can influence prices and has partial control in the ecosystem. But once it will become more diversified and distributed equally among users worldwide then full decentralisation might be achievable but very slim possibility.
With ASIC mining that is hard to achieve. Some company developed better ASIC miner. They make them and mine on their own. This was is and will be reality. Someone from Guatemala or Swaziland or Tadzikistan cant dream to afford that miner. True mining decentralisation can only happen with algos that favourite CPU mining. One computer one vote a smart guy used to say. |
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Bitcoin will not change anything about lending and borrowing. Even if everyone uses Bitcoin, the debt that you or anyone else have will have to be repaid. What Bitcoin will do is that since will not lose value interest rates will not need to be high for lender to profit. To reduce debt rate something will have to click in our minds. Private debt is huge. Most people are in huge debts. Bitcoin will only worsen this when people will start taking debts to buy Bitcoin. |
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Do you think LTC will ever reach $1,000 in just a few years from now, or will it take some time? What are your thoughts?  When there is hype there is a lot of stupid money, that dont even know what is buying. Everything that will be on exchanges will pump then. Litecoin is on many exchanges. on few 1000 ATMs. I give more then 40% we will see Litecoin at $1000 at some point of time. |
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After a death cross we officially entered another bear market.
There is still hope, if it is a fakeout (happened once) but most likely we are in bear market, and the price to monitor is 6.4k. If we hold that price we are good, if we go below 6.4k it will be a disaster, with probably a price going below 3k in 2020 or 2021.
However, if one day we go above 12.4k it will be an incredible signal to buy, overtaking 12.4k would mean reaching 20k again (and above).
Let's see how it plays out.
If you look at past cycle in 2015. There was golden cross, death cross and golden cross and then bull market really started. And when you talk about golden and death cross you need to explain what day average crossed. People use different daily averages. So it might be death cross for you but not for them. |
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stellar devlopment announce officially said that they burn over 55 billion of stellar token from its total supply. now after burn the total supply of stellar is 50 billion and now current price is $0.072445. what you think guys any spike up in stellar token in upcoming months due to this burn.
None. Price went from 750 sat to 900 sat. It happened already. There will be no influence in future. There is still huge supply to be given/sold away  |
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Bitcoin will stay where it is even with or without global economic crash. Bitcoin is not driven and influenced by the economic progress of our world because it only relies on the basic law of demand and supply. As people will invest more in bitcoin then the price will go up and it will continue to have a progress throughout the years.
When those that right now have Bitcoin will lose their jobs and they will have to eat they will need to use their Bitcoins for that. And not buy more Bitcoin as they are doing now when their paycheck is always there. Economic crash influence value or any asset. |
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Do USD and USDT have more or less or the same thing in terms of the price difference? please suggest because I am planning to buy some USDT.
USD is fiat dollar. USDT is stable coin backed by fiat dollar. People go to exchange deposit USD and they credit them with USDT. Since they are freely traded their price tiny bit fluctuate. |
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