Why do we need decentralized cryptocurrencies if they end up having the same disadvantages as our current system? And while there are certainly cases where people get scammed and it sucks not being able to get them their money back, I'd venture that most chargebacks done in the current system are not legit and make goods cost more in the end as chargebacks end up being passed on to the consumer
Yeah and it's quite impossible already to request for a refund given bitcoin's nature so better to check and double check first all information before finalizing a transaction. It's pretty much done once it pushes through |
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This is a very detailed and helpful article. Scammers and hackers should be kept at bay from getting into our wallets or accounts. Set up 2fa, have your metamask for phising sites, be alert in all things and you would not have any issue in this industry
Yeah mostly our wallet security depends on how we handle it. I think a crypto wallet is extremely hard to hack unless there's an error on the owner's part. Several security features are available to make your online wallet a lot safer. |
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The wallet itself has a great security in my opinion. If you want to increase your security to maximum, then you should just buy a hardware wallet, like a USB type maybe. Hardware wallet cannot be hacked and its security is in the owner's hand itself. Hardware wallet, the best choice.
Yeah but everything have their own risks especially if the person holding the wallet isn't careful. You may not lose your wallet to online theft but if as with a physical wallet, once you lose your hardwallet, you lose all your btcs as well for good |
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This is a very interesting thing. With this card online and offline shopping activities will feel simple and comfortable. This is very likely to occur given the increase in merchant and consumer demand for cryptocurrency payment problems.
That’s true but I think it will not be easy for bitcoin to create that kind of card since there’s no private company owning its technology. Maybe if someone make a project like this, for sure it will be big and many investors will also come in. Let’s see this in the future, cryptocurrency will become more valuable for sure in the future. Therefore, this is still a lot of consideration and trial. Many issues are related that this card will be realized. There have been many issues that crypto or bitcoin will make a card but I have never heard or seen it in person. Indeed, this needs a lot of consideration. So far MCO and MNX have card-related projects, but I don't know for sure if the card from the platform can be used.... Well if alts are able to pull through this kind of project then btc of course can as well though it'll of course need a lot of work considering bitcoin's large following. Though it'll push convenience in using it a lot forward. |
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If and when cryptocurrency and/or bitcoin becomes the official currency of the world, do you think there will be a downside to it? If so, what do you think the negative effect will be once cryptocurrency becomes a worldwide currency?
no no no, I don't think that will happen. bitcoin is not suitable to be a world currency, vollatilitas and fluctuations are the main obstacle. Well there's an "if" In the statement so op probably wants to know in that scenario. Though there's always the challenge of instability. A lot of regulations and arguments would likely take place and that still would be the main challenge for crypto. |
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Bitcoins transaction system is very much secure and also very fast so that it charges a little more and I think it deserves it but I also hope soon it will come down.
yes hopefully the cost of bitcoin can go down. because the longer the cost of getting bitcoin is always high. so for transactions we have difficulty in costs. Well if you've seen the fees end of last year, then obviously it has gone down considerably. A lot of factors may have been in play. Segwit, ln, or just the fact that btc has been in a decline since then. But the transaction fees today are much acceptable than it was then. |
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I believe all crypto enthusiasts who have been in this system for long are not perturbed about the recent fallout in the world of crypto. Bitcoin will certainly rise again anytime soon.
It will, im also sure of that. But things rise and things fall and that'll likely be the case for bitcoin. Another alt may take it's place in the future and that's just the natural way things eventually play out. |
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Bitcoin will not fall. As you can see from the graph, the number of unique Bitcoin addresses have increased greatly towards the end of 2017. It is believed to have continuously increased to the present time.
Well it did. It just doesn't seem so at the moment since we came from a very high all time high that for me, was unnatural for btc's movement. And that's why a lot of people are saying that btc will fall, because they're not used to seeing assets fall more than 60 percent. |
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Sooo true!! Someone really needs to remind them all the time. I don’t understand why people really loves market predictions. Most of the predictions make no sense. And prices are so unpredictable. Basically it’s better to stay off from market prediction.
Well many if these predictions actually have technical basis though a lot of times bitcoin moved away from predicted results. Mostly newbies are the ones drawn to these predictions especially those that only wants to make easy money. |
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I think 2018 will be the year of mass buying for bitcoin... especially if bitcoin futures will finally start. Let's go to the moon my friends!
I also think so, 2018 is a good year to buy and hold it until next year. and don't sell at a time like now, it will only contribute to the dump. Well if that's true, then this bear market wouldn't be sustained this long since mass buying means the price would likely pump. I'm not sure if a lot of people look at it that way but 2018 is becoming a year of waiting and seeing for holders. |
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Atrophy that countries in Southeast Asia are gradually adopting bitcoin. The electronic money market is booming in these countries. Singapore is a pioneer in the virtual currency world. There are many ICO projects in singapore.
And i don't think it's illegal there in the first place. A lot of countries in southeast asia other than singapore has been openly accepting the fact that bitcoin and blockchain will be an essential part of the future. |
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Dirk could have retired like two years ago, he is not making any big difference to mavs roster and he is only playing because that dude brought a championship to mavs almost all by himself.
During the era of multiple superstars getting together to win, remembering the time dirk and some role players won it really brings a lot more meaning to that championship, but he is playing only because of that rings worth, otherwise he would have been already forced to cut with the way he plays. Vince as well, both of them are not contributing to their teams like they used to, they are just playing because they were once amazing players.
That is not true. They are a good reminder for young players that they also could be stars. One more thing is they could share their experiences from all that years they have played just like a coach. It is not a bad thing to have a veteran on one team. It is actually a good one. Sharing their ideas and also plays that they have been thru from clinch moments. But we should weigh his contribution to the team, remember that being in a team means expenses on the part of the team. If he can only provide such inspiration, I think it's not worth on the amount the team is paying him, I hope you get what I mean, I just feel when you are old and do not deliver as expected, you should retire and give newcomers a chance. Ok you got a point there. But look, Ginobili extended hie game time also and everybody thought he was already retiring last year but didnt. I guess one player knows his limitation and this includes Carter and Dirk. If they feel they still have the strength to do it then why not. They are enjoying basketball and it is a good thing. Unlike who just there for money. Dirk also might have a goal for breaking history. Credits to harizen. Yeah and i don't think his inspiration should be undermined since it does boost a team's morale more than anything. And he can stil deliver when called on that's for sure. Greats like dirk and manu know when a team still has a use for them and if dirk feels he can still contribute, then i think he has the team's full support. |
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I have been checking out a few altcoins for investment, like Spectrecoin and Shia coin (and a few others) and it seems they all have started to rise. I am waiting for my funds to arrive in Kraken and I am a bit worried that we will see a nice upwards movement of altcoins since the bitcoin price is not moving much right now.
Is this the start of the a bullish trend for altcoins many where hoping for, or is this just a temporary consolidation because of bitcoin not rising for the moment? Will the altcoin market gain momentum, what are your thoughts?
Everyone was so worried about the dump of the market value of altcoins and now its time for uptrend! And it's gone. I think for people dealing with alts, either you hold for the long term or be contended with 5 to percent profit at this kind of market because it doesn't seem to be going on a sustained pump anytime soon. |
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Lol, the author of this post is overly played out fantasy. Bitcoin will never cost less than $ 5800, it has already gone from 1 thousand to 6 and will never return to this.
Are you so sure about that dude? One thing we've learned recently is that bitcoin's value have the tendency to go down when people think it already bottomed out, or go up and hit allntime highs consistently. I just wouldn't want to make such expectations for myself |
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In recent days, BTC prices are showing good signs and growth momentum. So I believe the organizer will change things at the present time.
Good signs and is being pretty resilient recently. The market again took quite a drop but btc seems steady just above 7k at the moment. I'm not sure about what other people are saying that a drop to 5k is imminent, but bitcoin is showing good signs of resiliency. |
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As we can see, the market is down and alts are very low due to market and btc conditions. Maybe we'll see the prices go down more within the days to come and it seems that it's the best chance we can get to invest more and to gain more profit. I believe that this dip will help us earn a lot when the right time comes.
Generally 2018 is the best year for you to invest into altcoins and bitcoin market as everything is currently down. The wise investors do put their money into any assets when it is very low and sell them when there pick up. Therefore I think now is the right time to invest. In any case, each of us knows that the crypto currency has a great future. But many users of crypto currencies want to receive profit already today and therefore are not set up for long-term storage of their assets. Thinking of a short term, big return when you invest in crypto is already a mistake in the first place. I don't think a lot of investors have that mindset anyways. Planning is essential and if you've planned for your crypto investments, you'll be aware that many times, things could go long in this market. |
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When crypto market comes to peak, Etherium will easily pass 2000. Still there's no sign of recovering the market. But I really hope market will recover within few months and Etherium will pass 2000 at the year end.
Yes, but we have to wait for these events for many months. It seems to me something very unrealistic that Ethereum can reach 2 thousand this year - the event may take place in 2019-2020. Well if you look at the facts, i don't think a lot of people would be that much confident of eth even hitting 1k this year. Another all time high is highly unlikely even if we finish on a strong note. |
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I don't see green days coming back any time soon. We may be locked in bull trap, and the next biggest avalanche may hit us down to 3k, 1.8k or even lower before the next big run up after a long consolidation
We are really in the bull trap. Look at the market right now, the price of bitcoin has fallen to 6800$ after reaching 7200$. I think prices will continue going down and we still can not say that the market has uptrend, so early to say that People always say that but i don't think it's that bad. Though i won't advise expecting a major bull run, i think we're in already for a slow steady rise. Ber months always have been good for the market historically. |
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It all depends on the altcoins in which you store your savings. It's like playing roulette, if you don't use system analysis. In any case, the strategy for dolgosrok is quite promising, because over the years, the cryptocurrency is only growing so far.
Perhaps I will agree that you can not compare different coins and work in the market the same way. Somewhere you lose, but somewhere on the contrary, growth begins. Therefore, I try to work with different strategies. Well if you're going to hold for like 1 to 2 years, then the top 5 market alts would probably be a good choice since these are already enjoying strong support and following and have actual use already for transactions. |
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in my opinion it is very difficult because ethereum's total supply conditions have unlimited total supply and there is also not too much demand making ethereum difficult to increase prices.
Ethereum has really high demand. It's the 2nd biggest crypto with 2billion dollars of daily trading volume. We aren't talking about some low volume shitcoin. Eth is a major player and everywhere I go that accepts crypto it is either btc or eth and nothing else. It is very indicative for the Ethereum that the price is growing at an insignificant rate, following bitcoin, it will increase by a little 2.5k i think will be hit. It's just a matter of when. For me, certainly not this year. Probably in the next 2 years. I don't have high hopes for this year anymore but i'm not going to complain if we makena run. |
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