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2241  Economy / Economics / Re: Will future paper money disappear? on: March 29, 2018, 11:52:21 PM
With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.
I think that is quite impossible to happen. Bitcoin is made to aide paper money so it could be in its best form. Bitcoin is an aide but it also have flaws itself. It has so many holes and that is why we experience a very volatile cryptocurrency. The acceptance rate is still low considering its big boom last year. It has good characteristics yet nome of those can give an independent form of currency, independent in a sense that it would not need paper money anymore.
The volatility is not a hole, the market is still young with relatively low market capitalisation and NOT get backup by the government or organisation so basically it's like the condition of gold market when gold is first found.
Just if there's more capital come to bitcoin, it will surely become less volatile and immune to market manipulation.
2242  Economy / Economics / Re: How many people in the world know about bitcoin? on: March 29, 2018, 09:27:14 AM
i'm just curious if how many percentage of all the people on earth know about Bitcoin. in my country i think only 10% knows about it. post your opinion guys.
i think it was not only 10% i think its all about 40 to 50% because more countries knows about bitcoin and some of them was banned it so bitcoin is most popular than you know!
By recent hype by bitcoin and so many news popped out, it's probably more than 50% people already heard bitcoin but those who trying to know more about it maybe only 20% because human are too lazy to grasp information.
But however, that amount has increased so significantly compared to last year or when bitcoin are still not a thing so it's better then.
2243  Economy / Economics / Re: Study says being rich is determined by chance rather than intelligence or talent on: March 29, 2018, 09:25:45 AM
Hi,

Chance is not everything.

Your intelligence may have a role, but what is determining I think, is your environment.

If you grew up in a wealthy family, chances are high that you had access to culture when you where young, or had financial means to make studies..

And therefore in the end you can more easily have high paying jobs or a better living environment!
If I'm speaking from my opinion, chance is near to everything, intelligence have a role but in minor affairs. If chance and luck are the same in this case, being intelligence also could be considered lucky or have a chance.
However, there's plenty of intelligence who ended up being poor and almost all those people who rich are lucky or have chance. It's the hard truth.
2244  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO investment or Altcoin investment? on: March 29, 2018, 06:54:23 AM
Where is it better to invest our money? In famous coins or in ICOs projects?


If altcoin went deep to ICO price or even below, it is better to buy altcoin. But the project should be good, shitcoins.

Otherwise it is better to invest good ICO. According to analysis tokens of exchanges give good gains. For example there is lccx.io - looks like promising exchange based in London.  Well developed white paper, experienced team, located in politically stable jurisdiction.   
There's also shit ICO swell, when you accidentally got into that kind of stupid fake ICO then it seems that you will ended up having a hard time with initial shitcoin offering. so it's you to decide and to make certain about your future.
Both actually have advantages and disadvantages but be sure to not buying or funding shitcoin, only choose the good one.
2245  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO with proven business or ICO that start from zero? You pick! on: March 29, 2018, 02:57:46 AM
ICO with poven business is better. We are afraid about scammers that launch ICO only to gain money. At least we should know that the developers are really have skill. If they can provide already made product then it will makes investors thrust them. I hope some people can share about how to verify an ICO.
from my honest opinion, an ICO that's already have the business is just trying to gather money out of it so why bother funding them while they are already financially secure, unlike those ICO that start from zero but with credible information and reliable developers.
I could say, it's better to make a brilliant idea comes true than funding already proven business just to get its capitalisation bigger.
2246  Alternate cryptocurrencies / Altcoin Discussion / Re: It's buy zone for Ethereum below 600$ on: March 28, 2018, 11:03:35 PM
It's perfect time to buy Ethereum because its price now below 600$ . I think you will never loss if you buy now. What you think about it ?
There is no doubt that it is a good time to bu Ethereum. Because it is a good coin to hold for long term, you are assure that your investment will not go into waste. Grab this one time opportunity while it is available.
There's no good time to buy or whatsoever, the price could go down even deeper or rising and gives you profit but talking about "the right time" kinda wrong, if it can be known, then everyone will be rich.
If you buy right now, you may get a cheap Ethereum but who knows what future holds? it's a merely speculation overall.
2247  Alternate cryptocurrencies / Altcoin Discussion / Re: Can world Government Kill Crypto? on: March 28, 2018, 11:01:04 PM
The G20 summit showed that the government will try to regulate cryptocurrencies, but it will not be able to deal with them. Such a struggle is doomed to failure. I think that authorities will be more liberal about blocking technologies over the years, because this will attract additional capital to the country.
They will need to examine about the industry of cryptocurrencies further more so there's big chance that the regulation is not released close to this date, however they even stated that cryptocurrencies don't impose risk because it's still have affect under 1% to the world economy
however if they do take a step to regulate cryptocurrencies, we can just do nothing instead trying to wait and see what's the regulation will be.
2248  Alternate cryptocurrencies / Altcoin Discussion / Re: Google too closing crypto ads on: March 13, 2018, 05:50:46 AM
Once Google shuts the door on crypto ads related to ICOs, then it will be much more difficult for teams to create awareness for their ICO.

The marketing teams behind serious ICO projects will have to come up with creative and effective new strategies that have never been used to create awareness to prospective investors.

On the plus side, shitty projects will have to work thrice as hard and spend resources to reach prospective investors.


yes I agree with you.
there will be a lot of bad effects if google really close the advertising door for crypto.
as you say, some bad ico will feel at a loss and have to work extra hard to bring in potential investors.
Isn't that the main reason of why bounty exists? it's to advertise freely, even without google or facebook, these ICO still can get the potential investors while advertising through google actually ineffective to attract experienced potential investors as those investors usually
surfing this forums and joined so many telegram groups to get information regarding the latest ICO. not a really problem at all.
2249  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency Will Kill Cash ? Is this True on: March 09, 2018, 02:53:56 PM
It will be impossible to replace completely cash with crypto, even in case of general acceptance.
More likely, you'll have the two systems working in the same time.
Then, who know, somewhere in the futur, when everyone will have a mobile (or a chip under the skin...) then there won't be need of cash anymore.

That's going to take at least a hundred years or so, so I wouldn't worry about.

Unfortunately not gonna happen in our lifie times i think.
Cash will eventually get killed by digital money, not necessarily bitcoin but all the governments across the world which have a good technology development starting to switch to digital money than using a rotten fiat "paper" money.
So basically in our life times, it could happen, technology developing so fast as you know, maybe a decade ahead, everything will be cashless, and we'll only need to use digital thing, it's good for environment and economical swell.
2250  Alternate cryptocurrencies / Altcoin Discussion / Re: Holding is bullshit? on: March 09, 2018, 02:50:00 PM
Because your coins is bullshit too,that is why there are no improvements,HOLDING good altcoins and tokens will give you a lot of profits but holding these shitcoins which doesnt have good working product/services wont give you anything even you waited hundreds of years.Do a lot of research find new potential coins or projects only invest to good projects,read whitepaper check the team,the current developments and im sure your holdings will give you much better outcome.
Exactly what I think! and I can't say better than this, the coins you hold also becoming an important factor to decide whether you will get or at least making a profit out of holding all these things or not. For example, you can try to hold joke coin with barely any volume for 100 years. it will become like that or near to dust because it will simply delisted from all exchange.
So, better to analyse first about your portfolio before holding and that's the most important thing, don't ever waste time on such stupid coins again.
2251  Alternate cryptocurrencies / Altcoin Discussion / Re: Can world Government Kill Crypto? on: March 09, 2018, 02:47:22 PM
Using my country as a case study I don't think government can kill crypto, don't have a solid back up for saying this but I have a strong feeling that maybe they may just stand has a regulator but not the extent of putting an end to it.
Killing crypto will need a global regulation that formed from all countries agreement on prohibiting the existence and the usage of bitcoin, therefore, bitcoin will have lesser users but the user who uses it illegally may still exists.
However, if bitcoin could just hold up like torrent which is the same p2p, maybe bitcoin will just be like illegal torrenting which exist but hiding if all the countries banning bitcoin.
2252  Economy / Economics / Re: China is turning against cryptocurrencies?? on: March 09, 2018, 02:00:20 PM
Miners could simply moving out from the country, maybe going to a cryptocurrency friendly. One most important thing is that there's also difficulties adjustment in the bitcoin network which solve this problem if the hash power significantly reduced although
it may gives some problem first and slow down the network. However, China banning mining activities still have a chance for it, better to keep an eye to those rumours.
2253  Economy / Economics / Re: Can we totally eliminate all the banks in this world? on: March 09, 2018, 01:44:16 PM
What is the future of cryptocurrencies when all the government need to do is to close the bank accounts of businesses or exchange?

https://www.coindesk.com/bitcoin-businesses-face-bank-account-closures-in-singapore/
It is not the goal of the cryptocurrencies, banks will exist in this world forever. The banks have important role in our economy, there will big changes if the banks disappear in our economy. The banks is really important financial institutions. 
So you basically don't know what bitcoin was created, its main purpose is to replace our current monetary system which relying too much on middleman such a bank and giving us absolute control to our own wealth.
and I tell you, bitcoin exist to reduce our relying to bank and if possible, eliminate all those, although this thing has failure miserably and it seems that bank is just too strong. Frankly speaking, most of people who uses cryptocurrencies uses bank service as well.
2254  Alternate cryptocurrencies / Altcoin Discussion / Re: RED EVERY WHERE. on: March 09, 2018, 01:01:30 PM
the red covers the whole market, the investors or traders are so negative about the market because of some bad news. may  4 or 5 day laters the greeen can come back
Yeah after the dumping rumoured which recently occurs, all becoming panic because the market switching so fast from bullish to bearish, that's really a significant change within short amount of time.
But however, some says that it'll recover back when all is fine within few days ahead, let us see. But kinda impressed how a dumping by whale could affect this much if the rumour is true.
2255  Alternate cryptocurrencies / Altcoin Discussion / Re: Monthly income and Bank account statement for a KYC on: March 09, 2018, 12:49:37 PM
Just recently I saw an ICO that asking a monthly income and bank account statement for a KYC. It's said on their KYC form that it is important for them to know the financial capacity of their token holders or buyers.
What can you say about this requirements?
Somebody here did it before?


Never apply those kiddish airdrops or ICOs where they ask for your personal confidential details.
KYC and AML are legit in my opinion just if it don't surpass the limit, asking for monthly income and bank account statement is just too much especially if the ICO itself looks doubtful. I recommend anyone here never ever handing such important data to someone you don't know.
It might be turn out to be a fraud attempt of stealing your credentials data who knows? There's so many damn ICO that didn't ask such so better switch off.
2256  Alternate cryptocurrencies / Altcoin Discussion / Re: RED EVERY WHERE. on: March 08, 2018, 02:39:53 PM
After every drop we see exactly the same topics, if you don`t stand the game why do you play it. Those are just some momentum number which will increase by the end of the year, by the end of the next year, which are increasing every year more and more, feel happy that you are in the mix early and relax.

Yeah, if you've been a part of this community for a couple of years, you'd know that this isn't exactly out of the ordinary for crypto in general.
Usually it's all red in the beginning of the years and it only starts going up again once we approach summer.

Of course it's not guaranteed that that will happen, but we're still seeing a long term up trend.
That's kinda right, not guaranteed to happen but this thing just looks like a yearly cycle of cryptocurrencies, so many have talked about this by seeing the past statistic of the price volatility while other also argue that it's not a right thing to predict the price based on the past statistic.
We have different condition, hype, and many more that could result different than what we have in the last year but let's see how our crypto world will be going.
2257  Alternate cryptocurrencies / Speculation (Altcoins) / Re: why is the crypto market down day after day? on: March 08, 2018, 02:37:14 PM
Whenever I check coinmarketcap, everything is in red:



I don't see any FUD, why is this happening?
Without a reason, prices in the market will not grow and decline. Usually the market turns red when there is bad news about the crypto currency. And yet the market fell, but not so critical. So there is no reason for panic.
He maybe need to see the overall graph of bitcoin price from year to year and then he'll not becoming panic, even if we're at the lowest point of this year, we're still few thousand percent above the ATH 3 years ago.
Why people are so panic over simple things like this it's just confusing me, they never have the will to analyse more about the price and its history.
2258  Alternate cryptocurrencies / Altcoin Discussion / Re: How safe is exchange? on: March 07, 2018, 01:08:34 PM
It would be nice to have decentralized exchanges, and if it were not possible to have the possibility to have the private key at the time of creating the wallet .
For me im 80% sure that exhange are very safe because it is the only thing that you're sure that your money is secure. Also when you exchange your coin its automatically operate in higher level of security. Although there some of them are suspicious so i suggest to you to trust only to those exchanger that on the top.
Are you really sure? There's so many exchanges that turned out to be scam out there and you can easily say that 80% of all those exchanges are very safe, then the safety and security of using hardware wallet might be 8000% for you.

Just my advice guys, whether it's decentralised exchanges or centralised ones, keep in mind that when your money isn't in your hand, it can be assumed that it's not safely secured.
2259  Alternate cryptocurrencies / Altcoin Discussion / Re: do you guys pay Taxes for profit? on: March 07, 2018, 01:02:38 PM
im from vietnam and i dont have to pay tax for everything Smiley
That's the problem. So many people think that if something is still unregulated they won't pay the taxes when the real thing is that when someone gaining wealth by earning from profit or any else there's always tax that needs to be paid.
When someone's wealth increasing, it's such a responsibility for a good citizen to pay for the taxes regularly, it's the truth, a hard truth.
2260  Alternate cryptocurrencies / Altcoin Discussion / Re: Will we see Amazon Coin soon? on: March 07, 2018, 07:21:25 AM
It wont matter. Most of the buyers will still be the ones who live in USA.
It is like they just created a coin and will have no usage at all but just change your USD to an online one.
Used for buying items in Amazon that will just make it confusing when trying to convert USD with the Amazon coin.

I would rather let it stay the same way or else they are risking to lose some customers instead of adding more.
I've ordered plenty of goods from amazon and it accept overseas shipping, basically not only USA but they serve USA customers ahead anyone else I guess, just see how they differentiate the website specialised for U.S people and outside U.S.
However if amazon do release an amazon coin, you will not going to have a hard time with all those issues you mentioned, it's like they will make their own payment gateway.
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