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2461  Bitcoin / Bitcoin Discussion / Re: Bitcoin is breaking the law and will be sued by Craig Wright on: April 05, 2020, 01:54:47 PM
I would like one day people make a statistic of how many people really care about what faketoshi talks about bitcoin, I believe the results would make us laugh a lot. Today everything that faketoshi does, nobody cares. the guy is simply putting himself in a position where people will think he is crazy and obsessed with controlling bitcoin.
This guy is simply a crap taking attacks on bitcoin, I don't know what his intention is, if he really wants it to pull bitcoin down or just spreading FUD so he can take advantage of it. There is only one thing in my mind, I know and he looks so scared of what bitcoin is capable of changing things that he has right now on which a case that he wants to stay the way it is in his hands.

Honestly my advice (if faketoshi ever read this post) Is that he should take a vacation to take care of his life and accept the reality that he is not satoshi, continuing on this path will only turn him into a crazy person
If he is really Satoshi then why he claims bitcoin when it is only inflating? Coz if he really does then he should've come up as early as 2010.
2462  Bitcoin / Bitcoin Discussion / Re: Bitcoin during pandemics on: April 05, 2020, 12:28:39 PM
If Bitcoin will survive this event, it would become one of its greatest accomplishments because it will be recorded event the worst pandemic that hits the world in the 20th century didn't wipe out bitcoin. This would become one of the reasons why we need to keep at least 1 Bitcoin in our wallet. even though the economy hits so hard this time, Bitcoin has not drastically decreased its price. it somehow holds at the $6000+ mark as of today.


Of course, bitcoin will survive and will have time to increase. We knew that after bitcoin price reaches $3,000 level, bitcoin price starts to grow back step by step, and now, we see bitcoin price can stable for a while at $6,000. There is a chance for bitcoin price to break the higher price, and we will see that time will come. So you need to be patient, and you can use this time to buy more bitcoin while you can.
There's no way a pandemic could just easily break the reputation of bitcoin when it comes to storing a value, in fact if people knows about it we could have had another rally last month but sadly it's not. I've read an analysis yesterday on one of my joined group in twitter, and based on his analysis from previous charts ( I barely remember what year that was) that the price of bitcoin might really reach the deepest possible range which is at $3K if the situation continues a bit more long.  From now on, the bitcoin price is as good as it was last year, exact month from April to June, just add your fuel to skyrocket.
2463  Economy / Trading Discussion / Re: Don't trade what you can't risk loosing on: April 04, 2020, 06:35:33 PM
Don't jump into a pond, immediately after you see it because we never know how deeps is that that is what OP is trying to say.
But isn't that too obvious to post tho? I mean every one has got their thing to lose, and that includes every thing they have got. It's pretty obvious tho that you can't put a risk on something you can't afford to lose, although sometimes there are instances but that's out of trading anymore.

Well, people who have money and wanted to multiply then into more in short time may find crypto is a real opportunity but they don't understand the risk behind trading cryptos so they lose more.
I agree, I have done it once I almost tripled my money in just a day because of a single trade  Grin but the risk is too high for that I'll never do it again I swear. Crypto is for every one but trading? Uh oh no it's not.
2464  Other / Beginners & Help / Re: YouTube continues to ban crypto content on: April 04, 2020, 05:40:54 PM
This is a sort of cleaning the entire community of youtube. Those deleted videos are maybe nonsense/pointless or just a scam project service to have their own benefits just like what happen to this coronavirus token project that fooled many people.
lol youtube cannot delete a video just because they find it very boring/pointless/nonsense, I'm using youtube and I'm telling you there are thousands of useless video that is not deleted, nonsensical facts and fake/edited events that is posted and still getting a dollar. If youtube will find a way if they can tell that a channel is promoting a scam or fraudulent stuff then might as well they delete it but my question is how? People could easily dislike a video they don't like and report anything.

Sometimes there are many toxic in a community that should be cleaned. Video creators should understand the youtube community guidelines and basic strikes and that is the reason that their video is safe for vanishing.
I'm not really into youtube for watching crypto related contents but just for my personal opinion there should be a deep investigation for everything that has been reported to them coz I'm pretty sure there are channels that is true to its work and has a passion for educating people about crypto related matters.
2465  Other / Beginners & Help / Re: How to explain blockchain/Bitcoin to millennials on: April 04, 2020, 04:33:21 PM
I guess one way to introduce or explain Blockchain to millenials is to use the smart phones. Millenials cant live without their smartphones with them so if theres an app out there created to teach or show what blockchain is I guess its a good way to start. I heard samsung already added a cryto wallet in their new phone.
This can share on social media where they can easily seen and for them to be curious about it. Millennials are mostly adventurous and have search different things for them to gain more knowledge. They have advance thinking so it os not hard to explain to them especially if the are really interested about it.
Millennials are born with gift and that is the internet which makes their life more easier than the generations who came before them. Every thing can be look up through a simple press and clicks to a phone or computer, not only millennials but everyone, if they are curious about it then they can just search every thing about it. What I don't like about millennials is that their attitude is less, what I mean is you can see their feeling outside, they are entitled and lazy to do things and has been eaten by social media thrones.
2466  Economy / Economics / Re: Virus Bear Market? on: April 04, 2020, 02:06:19 PM
I'm not sure of a bull run this year after the halving on May. Before we were all hoping that the next halving will get us out from the low range, but now we are not sure about that. We are already in the month of April, so the halving will be taking place in a month and few days.
The halving event comes near and near every day, I'm not worried about the price if it goes up, down or not, whatever happens, happens. Just stick at what the past halvings did to the price of bitcoin well even it just last for a week or two then dump again. If bull run does not come off after the halving then we might wait again for a very long time. Just curious, every time we can start the bull run so why do we need  to wait for the halving to come? haha.

It will be better that we all have patience and wait till then to know where the price will go to after that. Then as for whether the covid-19 situation around the world caused the decrease in Bitcoin? That's what I'm not really sure about, though I have believed that it was the reason, but some people here have doubted that it caused it. Some fanatics are saying that covid-19 can never affect Bitcoin lol. This is a pandemic and it affects everything.
Yeah, patience, might give you the reward that you are waiting or the thing that fool your eyes for a very long time. Upgrade your instinct and analysis that will be the stair to another floor.
2467  Bitcoin / Bitcoin Discussion / Re: Bitcoin the anonymous cryptocurrency on: April 04, 2020, 01:18:06 PM
The longer bitcoin will exist the more we loss its anonymity as the government will regulate it and with strict regulation, we will be able to comply with the KYC and pass the requirement of the exchanges. In blockchain, we are anonymous but in the eyes of the regulars, we are not.
In short the anonymity we have is limited to those who can see in the dark, for most people addresses in the blockchain is different to another when in fact it is very possible to know however people behind exchanges can barely see it especially when we have our own identity passed to them, everything that goes in and out are being recorded and is traceable to the account. We are not really anonymous, we just think it the easy way escaping the fiat's one disadvantage.
2468  Bitcoin / Bitcoin Discussion / Re: Where do you read about crypto? Favorite sources? on: April 03, 2020, 01:48:09 PM
Main in cointelegraph and popular crypto youtubers and also crypto analyst the moon and team underground for price movements.
Yes, I agree with you that crypto YouTubers are popular with many subscribers providing valid news with an analysis that they explain in detail. A lot of information that we will get as spectators about the development of crypto and about the price of bitcoin.
I want to commend cointelegraph for doing such unbiased work most of the time lol but the credibility on if is real. it's been a hell for a crypto space these past few months, I've haven't heard something new from cointelegraph, maybe they are waiting for something big like a breakthrough? Mass analysis? I can't take my ass sitting here waiting for something to happen lol.

Apart from YouTube, I also often see news about cryptocurrency and blockchain on the Coindesk homepage and cointelegraph. Good quality articles and lifted news are very interesting to read.
Well I started in youtube learning about things with crypto but then I lost relying on it since almost every new channel are speaking about the same as others in a way that the information is not that substantial in a day or two, but for some beginners I recommend youtube as it is easy to use and has a broad network.
2469  Economy / Economics / Re: Oil price War will Bring real War soon in Middle east on: April 02, 2020, 08:50:05 PM
Well... I have a slightly differing opinion on this. The oil price is falling like a rock. The last time I checked, Brent crude was going at less than $27 per barrel, with the WTI quoting even lower. In this scenario, it looks as if the only way to get oil above $50 per barrel is by triggering a war. The Saudis need to do something about it, else they are going bankrupt in a few months.
Precisely, I don't have any idea where the author got his numbers on. Most commodities and assets right now are on a huge sump because of the stock market crash brought about by the pandemic, this caused a bunch o stocks to lose value as the day progresses. I wil find it absurd and fishy if despite the huge dump in the market, an asset such as oil becomes surprisingly expensive. It can't go high judt because you said so.
2470  Bitcoin / Bitcoin Discussion / Re: We are having the difficult time, are you still a Bitcoin HODL? on: April 02, 2020, 07:58:51 PM
For those people who has been in the industry for some years and already know what are the different up's and down's of the market because they already have the experience on what would possibly thr next happening of the down of the market, it's either it will pump or dump but for all of us we are still holding our bitcoin for huge profit after this pandemic problem.
And seriously, we can't really blame the people who dumped their coins after seeing what happened, a 40% decreased had happened in a matter of weeks. Sure, there are bigger dumps in bitcoin's history than this but in a beginning cryptocurrency investor, this means a lot. And number 2, pumps like this weed out weak-hearted investors that are just after easy money. The unsightly price of bitcoin may have put a bad taste on their mouths, but that is better than them dumping out after an all time high.
2471  Other / Beginners & Help / Re: Fastest ways to multiply Bitcoin on: April 02, 2020, 07:06:14 PM
Sorry I don't agree that betting or gambling is the fastest way to multiply bitcoin, if we are not careful in gambling we can make our
capital run out. When we lose in gambling, curiosity arises we are sure to win.If symptoms like that are called addiction, if already
addicted I am very sure that it's impossible to multiply bitcoin. So the conclusion gambling is not a way to multiply bitcoin, in my
opinion the fastest way to multiply bitcoin is trading.
Depends on who you're talking to really. There will always be tradeoff in things like these, especially. Investments. That being said, hodling poses the least potential risks and pf course the lowest gains, trading and gambling are high risk-high reward methods that as the name implies puts you at more risk at the cost of a good amount of winnings. At the end of the day, it's still the cryptocurrency investor's decision on what to put in line when investing in crypto.
2472  Bitcoin / Bitcoin Discussion / Re: Corona is spreading in many countries!! Bitcoin is a solution for transactions on: April 01, 2020, 04:11:38 PM
That's so right, this virus has opened then eyes of many leaders about the flaws of using Fiat currency. Making transactions digital is the way to go and I think the US and China might be the first two countries to go digital with their own cryptocurrency. Unfortunately, none has disclosed his intentions of using Bitcoin as their payment mode.
We might see fiat currency disadvantaged with this kind of situation but the question is, are we ready to use the alternatives? We don't even have that machines that can handle digital transactions, from my personal experiences most machines in my city is always offline and having difficulties keeping the services for online and digital payments. Fiat currency might give you the virus due to different person it contacted but we can't use crypto now. The best we can do is that we keep our environment clean and wearing personal protective equipment to avoid catching the virus.
2473  Bitcoin / Bitcoin Discussion / Re: How to improve the usability of bitcoin? on: March 31, 2020, 06:31:07 PM
It can improve ease of use and start engaging in the use of bitcoin and digital currencies by expanding the knowledge of others in the world of crypto and increasing legitimate investment opportunities to reduce the risks and not drifting into imaginary promises to double profits with super fast speed only to slow down and educate people on the importance of the digital community in addition to educating them on the extent of strength Digital currency with the possibility of increasing income by trading and investing. Until we reach this level to enable the use of Bitcoin officially, there must be confidence in Crypto and a belief in Bitcoin, in addition to the multiplicity of fruitful projects based on Bitcoin and its counterparts from work. Digital.
You know it is as easy as abc when we recommend solution like this but this is a freak hard when we try to do it, have you ever talked to a man, bring bitcoin to the discussion then he walks away? I don't know man but people these days are freaking afraid of what the technology can offer to help us getting the work easier. Legitimate investments? How can we have that if most of ICO these days are scams? Educating people is not as easy as what it seems, that's my very point. As much as possible even we are just few, we need to attract them with results of the booming market through cryptocurrencies.
2474  Economy / Economics / Re: Gold prices extend rally, surge by most in 11 years on: March 31, 2020, 05:50:55 PM
From what I see in the charts the gold price started rising at the end of 2019.
Indeed, something strange has happened between 10 and 24 March, the price fell back to end-2019 values, but now it's back on high values.
The chart really looks strange if we point at the month of March, something definitely happened during that time that it went from high to a very low price. We can assume that, that is because of the trade war between America and China since China hoards a lot of gold on their backyard trying to defeat America in future economy. The price of gold noticeably declined these past few days along with Stock market due to coronavirus, but gold was ready for times like this and won't be long at this stage, I still believe.


original chart(s): https://goldprice.org/gold-price-chart.html

What I mean, .. why discussing the gold rise this late? It's because of US money printing machine has started?
As I said, the gold price rise has started at the end of 2019. This means that the ones who understand the gold market were expecting back then that the countries will start printing money and investing in something more stable than cash would be the winning ticket.
I'm a bit sad that while the gold price rose, Bitcoin is not doing this great. But we can't have'em all, don't we?
At a plain picture, the world is not yet ready for bitcoin and we are just sticking to much reputable tangible asset which is the Gold. As for gold's price prediction, there would be a high possibility of gold getting a price hike since the bull run started from June last year.
2475  Alternate cryptocurrencies / Altcoin Discussion / Re: What the heck is happening to new projects? on: March 31, 2020, 04:42:45 PM
At this point of time, we still cannot expect for new projects that have better quality to sprout out because wr are still into focusing on facing the world crisis we have right now. There are still lots of projects in the forum that may surely worth your time for a while just to have a source of income while the crisis is still on. Market is still unstable as of the moment and the prices of the cryptocurrencies is still declining. It will not be easy to raise funds at time like this to start up launching a new project because of certain factors affecting this situation. Maybe after the crisis have been settled and once the market have recovered from the downfall, we can somehow expect new projects to come that will be worthy of everyone's time. But as of now, just be patient on what's in there because the important thing is you have a project to get engage with but of course which is reputable and legible to be working with.
As most of the projects are coming from Europe, expect a least number of company that will continue their work towards cryptocurrency as everything on the west is not on its position. Markets are down, especially the stock market, cryptocurrency on the other hand is having a hard time to get back to his feet or atleast at $8K range as the world is struggling with covid19 pandemic. However, Even before this things happen we still have low quality projects coming from all direction, bounty campaigns are hardly getting enough payments for promoting, So I guess that is another story of a crisis.
2476  Bitcoin / Bitcoin Discussion / Re: HODLers, spend your BTC on: March 31, 2020, 03:54:22 PM
As a BTC holder I can say that it is necessary to find a certain balance between a long-term investment and using BTC as the currency for paying for goods and services. What actually prevents many to spend their BTC is the fact that they don't really have anywhere to spend (at least not locally), and if they decide to buy online from other countries they may face extra costs in the form of VAT and customs fees.
Long-term investment does not necessarily mean that you can sped it after a long time of storing it, not just as the term literally mean. Long-term investment has to do with perfect timing in pulling it out, as what you mentioned the balance. Atleast now we have several merchants that accepts bitcoin locally and internationally, it just so happened that we are facing a crisis right now and they are not operating. Crypto payments might be anywhere if people would come to agree that it is a alternative currency rather than just investment perhaps we'll see many markets that offer a crypto payment method more often.

BTC as a currency and store of value is something that can work, but everyone should contribute to that end.
Well having it as a currency and a store of value increases the risk from it's volatility. Just not a good idea for me.
2477  Economy / Service Discussion / Re: SOS.BInance going to adquire coinmarketcap - END of decentralization and crypto on: March 31, 2020, 03:05:30 PM
I dont understand why you relate the buying of Binance into decentralization are you saying that Binance as of now is decentralized?
There is nothing illegal with the Binance move if they want to acquire the Coinmarketcap, it is just a price monitoring device that we use when stalking the market, so why worry? Binance is huge, actually the biggest man in this industry and it's not surprising at all if they want to have the top ranking price monitoring website and integrate to their exchange as to receive the latest of the latest prices.

 What Im thingking on the other hand is maybe is time to make coinmarketcap improved its services by listing trusted coins and delisting such exchanges which uses bots to manipulate trading volume in order to attract traders.
Obviously, We've known binance for a long time and I'm sure they are not just taking it but they are also improving it if they did acquire it. Aside CMC is just one of the websites where we can track the prices, there is the Coingecko and many more.
2478  Bitcoin / Bitcoin Discussion / Re: Where do you read about crypto? Favorite sources? on: March 31, 2020, 01:37:21 PM
 How I discover the crypto might look scripted but it's literally not, if you guys know the application on google playstore called clash of clans that is where it all started. That game is so trendy that time that people always play it anytime, it is basically a strategic defense game where people could attack you if you're not online. So the game has diamonds/golds that you can buy to avoid the enemy attack then when I started losing it I thought of buying it online, I've searched for any method that I can turn my money into diamonds, first was the credit/debit cards, second is paypal (other payment processors) and then there is a cryptocurrency ( bitcoin ) I guess that year is 2017 I don't any credit/debit cards, I don't if I was too underage for paypal that they could not process my application or something wrong, idk, so what is left is the bitcoin and then after some reading I came across this forum and thought that I would get free bitcoin in here haha lol. but it turns out that it's true  Cheesy
2479  Economy / Economics / Re: Economic crisis is Hoax? COVID19 Not Deadliest one! on: March 30, 2020, 07:30:07 PM
I really don't mixed up conspiracy theories with facts but if you are up to something here like you are trying to say that COVID-19 is a hoax and there is already a vaccine at hand I still won't believe you, why? In this case where even politicians and people with monarchy are getting hit by the Coronavirus at least at this stage they have announced the cure by now since even people at the higher ups or the ones on top of the food chain are also getting hit with it, which in this case is not. You may think that the Coronavirus is is something started to cause a economic breakdown but the truth is any pandemic globally like this can really cripple an economy with lockdowns in places, works suspended, jobs are lost you don't really expect all the market are at green at this moment. Panic combined with financial lost is really the ones affecting the market not just because of a conspiracy theory you have read in a forum or somewhere.
Covid19 as a hoax is the most stupid thing I've ever heard in my enter life. Your hate towards government and media is too much that everything they bring to you becomes a lie to your eye. Look at the first royal blood that died on Coronavirus from Spain, princess Maria Teresa and currently we have 750,000 cases of the virus, does it still look hoax? The worlds economy is crumbling and struggling due to this, does it still like a hoax? The virus is not the deadliest that we got, in fact it is a weak virus but it's ability to spread is not as low as the past viruses and given that the world has a technology that is more advance we are very late on finding the cure to this one. very very late.
2480  Economy / Economics / Re: Bank's loss crypto's gain? on: March 30, 2020, 06:49:16 PM
I think they're putting limits so that they will still have enough funds. You know that this situation is understandable and people are in panic that's why setting up a limit per withdrawal is a must.
Obviously, banks are setting a higher bar on withdrawal since people are panicking and you can already see it on different countries that is hardly hit by the virus and economic crisis, mostly in major part of europe. It is a MUST for a bank to survive a hell of the time, not just for them but also for their clients not to overly get their cash. Banks are not just for storing but also for controlling money flow.

What if those huge deposits will start withdrawing their money at the banks at the same time? The advantage of holding bitcoin is that you hold your own funds and there's no need for a third party.
I guess that is not possible. Bitcoin have so much potential in this kind of situation, on top of that is the ease of third party in every transaction what only you need to think of is the fee.
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