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2581  Economy / Speculation / Re: Bitcoin Declining. on: August 15, 2019, 12:49:04 PM
Funny thing is that ALWAYS when are bombastic news presented like bitcoin 15 000 usd til end of week, goldman sachs analyst confirms the trend is bullish and we will see 13800 usd in few hours.. always it goes down.

Now that you can predict Bitcoins price, nothing can stop you from being filthy rich Smiley
2582  Alternate cryptocurrencies / Altcoin Discussion / Re: Cyber Crimes and Crypto on: August 13, 2019, 05:29:54 PM
Cyber Criminals Netted $4.3B From Crypto-Related Crime in 2019
All these Criminal Acts is giving Crypto a bad name , i think there should be more measures and controls to be put in place in other to curb such occurence.
https://cointelegraph.com/news/cyber-criminals-netted-43b-from-crypto-related-crime-in-2019-study

Of course hacks and robberies will happen. Security is not that much developed. Although it develops super fast.   I do not see any reason it would give bad name to crypto.  It does not. But those that use crypto need to be aware of it and extra cautious.
2583  Economy / Speculation / Re: Alternative view: There is no bull market. Bitcoin will go down. on: August 13, 2019, 03:51:00 PM
I don't understand why we can't call what happened bull neither, I mean we have moved from 3.4k at bottom this year to 13.8k at peak , how is that not a bull? The notion that "there is no bull market, bitcoin will go down" is quite wrong because bull already happened didn't it?

We had one of longest uptrend of bitcoin price in history of Bitcoin. Five straight positive months.




Problem is that some people will just never be satisfied. If we would have 10 positive month they will start complain after one negative month.
2584  Other / Beginners & Help / Re: Is it possible to buy crypto with a card? on: August 12, 2019, 06:19:40 PM
Or it's a fraud? Hello! I'm a newbie and found out a project that lets you to buy crypto with a credit card. Project name changelly and I want to know if it can be a fraud. Is it even possible to but crypto with a card? Should I trust them?

You can buy Bitcoin and many other coins on Poloniex with credit card.
2585  Alternate cryptocurrencies / Altcoin Discussion / Re: Good news for TRX holders on: August 12, 2019, 05:47:27 PM
Good news for TRX holders

Best news for Torn is that Chinese government will make their own cryptocoin. https://www.msn.com/en-sg/finance/topstories/chinas-pboc-says-its-own-cryptocurrency-is-close-to-release/ar-AAFGtDi  Second best news was of course Libra.
2586  Alternate cryptocurrencies / Altcoin Discussion / Re: Chinese State-Backed Crypto Is About to Launch on: August 12, 2019, 04:55:43 PM
Do you think that with the release of their own crypto, is China going to ban bitcoin for good.

You cant ban Bitcoin. But Trump might force taxes on China crypto currency Smiley
2587  Economy / Speculation / Re: Alternative view: There is no bull market. Bitcoin will go down. on: August 12, 2019, 04:35:31 PM
When looking at the charts, it's pretty obvious that we are in a downtrend since more than one month:
https://i.ibb.co/bgbbBf1/07-08-2019-2.png

We were in a uptrend for half a year. That was one of longest periods of constant uptrend in Bitcoins history. Of course we had a downtrend month after that. 

Considering all that happened in past weeks. That so many people believe we are at brink of new financial crisis you dont think that is super good for Bitcoin long term? Moment when that happens it will break all trends and rewrite them fresh.
2588  Economy / Economics / Re: How would loans work in a Bitcoin economy on: August 12, 2019, 04:09:07 PM
Hello everyone,,
To my understanding people deposit money into banks and the banks use that money to give out loans. But with Bitcoin everyone is essentially their own bank, meaning there wouldn’t be anyone to give out traditional loans. My question is where would people go to get loans in a Bitcoin economy and how might those loans work?

There will be always people taking loans and giving them. There is part for this forum for that. Nothing will change with Bitcoin. But first rule of taking a loan is that you need to take it in currency where yo have income. So you only take loan in Bitcoin if you get salary paid in Bitcoin.
2589  Bitcoin / Bitcoin Discussion / Re: Binance Hackers Bombard Chipmixer to Launder at Least 4,836 BTC on: August 11, 2019, 07:12:50 PM
This is bad for Chipmixer.  If the authority decided to investigate on this and targeted Chipmixer to shutdown regardless of the investigation, they can easily do it since they have a proof in their hand that a mixing service had been used to launder a hacked BTC.  I wonder why Chipmixer did not suspend those transactions.., Did they failed to track that those BTC were hacked?

It will not be first one taken down and organizers get big penalties.  This can happen to anything that have central point of failure. Even cryptocurencies that uses coinjoin to make their transactions opaque.
2590  Alternate cryptocurrencies / Altcoin Discussion / Re: What happens if Bitcoin Dominance increases by more than 80%? on: August 11, 2019, 06:18:45 PM
What happens if Bitcoin Dominance increases by more than 80%?

For that you only need Bitcoin at $16000. How hard you believe that can happen?
2591  Alternate cryptocurrencies / Altcoin Discussion / Re: Eth below 0.018btc on: August 11, 2019, 05:12:26 PM
Eth below 0.018btc

That is lower as price was in March 2016 so three years and a half ago. Most people having ethereum now did not even know it exist back then.   60 million or more then half of ether in existance, was bought at $0.31. You can imagine where bottom is then.
2592  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 11, 2019, 04:44:20 PM
Thank you for the update Febo,,, I did not quite understand everything and I never really have, although I think the 2-3 years estimate is a good one for practical terms. And in fact we will probably end up doing it faster, but I feel mostly will depends on the existing network of users.

Looking up Monero village now!

What is important to understand is that it will make transactions smaller and faster, so transaction fees even lower.   Oh and of course make transactions link harder.
2593  Economy / Speculation / Re: NO-DEAL BREXIT 'WILL SEE CRYPTOCURRENCY VALUE HIT RECORD HIGH on: August 10, 2019, 06:16:25 PM
This article talks about the possibility of BTC rising in the coming months to record levels if the UK leaves the EU without a deal.

For sure BTC would be of more of the demand, but I dont see brexit as a huge reason fro Bitcoins price increase. But it is a small push and there are many such small pushes that will push price over $100k in next few years.
2594  Alternate cryptocurrencies / Altcoin Discussion / Re: Cheapest Coins On Any Exchange on: August 10, 2019, 05:40:26 PM
What are some of the cheapest coins to buy on an exchange you currently know of? Super Cheap

Satoshi.  You can get it on most exchanges if not all. It cost 0.001 cent. so you can get 1000 for a single cent Smiley  How cheap is that?
2595  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what is happening now? on: August 10, 2019, 04:54:37 PM
hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

There is no logic why would coin A value increase just because coin B value increase. Yes a bit is logical but not 100%  I dont really understand your point. A coin has this much value. If another coin makes some breakout that dont my this coin more valuable. Is that not logical?  We are close to economic collapse. People are buying Gold and are buying Bitcoin as a hedge. Why would they go buy dentacoin? Dentacoin usecase is whatever it is. It is not a store of value.
2596  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 10, 2019, 04:28:32 PM
Yesterdays last talk was of Sarang and he mostly talked of future. It had bad audio first half but apparently there is another camera and when they will sort talks in separate videos it will be fine.

Anyway CLSAG will be most likely in spring upgrade. Then the next upgrade will be one of the rest. Research paper of most of them come out only few months ago. So for the one we will decide it will take 2-3 years to implement. And maybe something else might come around.

2597  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin Dominance nearing 70% - When The Trend Reverses, Which ALTS To Pick? on: August 10, 2019, 03:54:07 PM
Bitcoin Dominance nearing 70% - When The Trend Reverses, Which ALTS To Pick?

It does not matter when, you should always pick your coins by fundamentals. What does the coin brings on the crypto table. Is it just pimped up copy of Bitcoin?  Does it solves a problem that Bitcoin cant and will be used 10 years from now?  It is really very simple.
2598  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Ethereum survive below 0.02 BTC per coin? on: August 09, 2019, 09:04:57 PM
Can Ethereum survive below 0.02 BTC per coin?


It can survive under 0.0002 BTC per coin.  Why not? I dont see any reason why not. There will be less miners since they will switch to other coins.   Cryptocurrencies are super resilient. They can survive a lot. Yes there will be less development, but that is it. If Etehreum is useful for something then development will pick up again 5 years from now. It is simple.
2599  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2019, 08:28:10 PM
reaching 70% dominance. on cmc, which was always rigged in favour of alts.

BTC dominance was always over 80% until the BCH split happened. From that moment on. Or better to say a bit before that, was always uncertainty. Not just BCH steal dominance but also ETH, which many considered as BTC version two. But it ended just as a platform to crowdfund founds with illegal securities.  And it seems it lasted for two whole years.
2600  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 09, 2019, 08:03:23 PM
Live stream from Monero village on Defcon.
https://www.youtube.com/watch?v=wNnjO1XSEdg

Both first two talks were very good.
Daniel Kim, Founder and President of Sweetwater Digital Asset Consulting, LLC.
A.J. Santos, Assistant Professor, Ankara Yildirim Beyazit University, Faculty of Law.

And more information of Monero village: https://monerovillage.com/
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