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261  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Too many AI projects (?) on: March 18, 2018, 04:21:00 PM
Hi, i just want to here some opinions from you guys, regarding the fact that theres a LOT of AI + blockchain projects in the crypto space.

I have the feeling that AI is - again - hyped, and everyone wants to hop on the train, to get a piece of the cake somehow.
Right now, we have quite famous projects out there, that are already listed on CMC, like DeepBrain Chain, SingularityNET, Bottos, Matrix AI Network...
And then theres a lot of other new ICOs, like Effect.AI, Synapse AI, Synthetics AI, Neurochain, DML, and so on...
Everyone is trying to hype his own project, where he has invested in, saying AI +  blockchain is the future, your idea sounds great, i'm going to invest.
It seems to me, as if these people just don't realize, that theres already way too much competition.
How are all these coins supposed to survive in the future when they are facing like 10 or 20 direct competitors.

Really interested in hearing your thoughts on this. Thanks.
Competition is always good, yes there are lots of those projects lately but it doesn't matter at least I do not think there is clear winner right now so the projects are trying to get the top spot once that happens then most other coins will begin to fail since all the money will be concentrated in just a few coins, make sure to select the right coin and you can make good money, fail to do that and you will lose all your capital.
262  Economy / Economics / Re: Banks admit they fear BTC on: March 18, 2018, 04:08:38 PM
Banks should be afraid of crypto.because in the future they will be crying for this community to keep them alive..now they've got to go down to our level to get new clients.thats why in our region fees for open accounts for the bank goes very lower,from 200$ tp 20$ now
Even if bitcoin did not existed banks are in a crisis it is getting harder for them to get customers because there are a lot more businesses offering similar banking products some people are realizing that they do not really need banks, in my country is not rare for supermarkets to offer you their own debit and credit cards and many prefer to use them because they trust more in them than in banks.
263  Economy / Economics / Re: Study says being rich is determined by chance rather than intelligence or talent on: March 18, 2018, 03:17:49 PM
Hi,

Luck is not everything.

Neither is talent, or intelligence.

You need a bit of all that. You need to be daring.

AND you need to be born in the good family. You don't necessarily need to be rich (but it helps A LOT) but what you really need is a great environment in which growing up. Just because what you learn when you grow up can hardly be caught up afterwards. Your family will transmit culture, behaviour, opinions, way of being with other people. That may not seem a big deal but it is.

And if you pay attention to those "great stories" of people starting from nothing and inventing something truly amazing... Well, actually in most cases they grew up in families that had no big issues with money and that had enough to allow them go to school. Even if they chose to drop school, they had financial means to go. And that makes a huge difference!
I agree with this, in fact it has been demonstrated that in order to reach some high intellectual achievements you need to have a stable family, like always there are exceptions to this  but most of time you will see that those who became great scientists or artist or poets came from wealthy families that allowed to them to think in something else besides money.
264  Economy / Services / Re: Yocoin Sig campaign on: March 18, 2018, 02:25:04 PM
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265  Bitcoin / Bitcoin Discussion / Re: Bill Gates opinion about Cryptocurrency on: March 12, 2018, 10:29:04 PM
It's funny because a while back he said

Quote
Bitcoin is exciting because it shows how cheap it can be,". "Bitcoin is better than currency in that you don't have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient."

Do you see the irony, or hypocrisy, as you want... Yet fiats are by far more used for any illegal activity, and I doubt people are buying fentanyl with crypto currencies. I don"t even know where he got this...
That change of mind probably has to do with governments asking that he stopped backing bitcoin, after all he is probably one of the most known people when it comes to computers now that Steve Jobs died, since he is so influential the powers behind the curtain are asking of him to spread bad comments about bitcoin so this slows down adoption.
266  Economy / Economics / Re: Day trading vs swing trading! Which one is better for digital currencies? on: March 04, 2018, 05:18:55 PM
I am wondering, many people are doing great in crypto trading. Some of them are doing day trading and some others are doing swing trading. I want to learn which trading really works very good in cryptocurrency?
Probably none if you really want to make money with cryptocurrencies then you need to buy and hold, now you may think such a strategy can be really risky in altcoins and that is the truth but the bitcoin holders did not knew if their coins and efforts will be worth anything in the future so if you want to obtain profits like them you will need to take the same risks.
267  Economy / Speculation / Re: Are you buying bitcoin now? on: March 04, 2018, 05:16:26 PM
Of course the price is still great however for those that are buying massive amounts of bitcoin it could have been a good idea to buy when the price was much lower but even at the current rates bitcoin is still one of the best investments you can make in this year so there is not a reason to stop investing just be careful and invest only the amount you can afford to lose.
268  Economy / Economics / Re: will next decade be the bitcoin era ?? on: March 04, 2018, 05:14:19 PM
As by seeing the usage graph and profiting graph i can easily assume that in next decade of 2020 people will mainly relay on bitcoin and the main thing to survive in the next era will be bitcoin and it will be frequently used by everyone and that will help many regions to boost their economy as well so hope for the best, many people are eagerly waiting for the btc system to be implemented.

I think you're exaggerating. Crypto currency is becoming more popular and is being introduced a bit into everyday life. But I do not think that in the next decade it will be used everywhere and everywhere. In addition, there are countries in which it is banned or not welcomed. And will there be a benefit for those who use the crypto currency and work with it to be legalized?! In this case, it will be regulated, and it will be more difficult to circumvent the taxation
We will have to wait and see, not everyone will use it but I think bitcoin could become an everyday thing, it will be like paying with cash or with credit cards just another form of payment and while in the surface not much will change with that the truth the change will be dramatic in the way everything works if bitcoin comes to the point where you can pay for almost anything with it.
269  Economy / Economics / Re: Is Bitcoin Volatility A Bad Thing? on: March 04, 2018, 06:39:24 AM
Bitcoin volatility is not a bad thing but when it comes to the usage of it as a payment system, we expect the same value of it for the long term to continue using it as a payment system on a regular basis. However, since bitcoin is in the development phase, it would not be a wise idea to expect stability from it at least for next 5 to 10 years but still, volatility doesn't make it useless.
The volatility of bitcoin is what makes bitcoin a great investment yes many will lose money but we are not here to be taken care off, bitcoin is a true meritocracy and if you want to make money then you need to be a better trader and earn your place if you cannot then you lose your money it is a really simple concept and one I support.
270  Economy / Trading Discussion / Re: has trading become difficult? on: March 04, 2018, 06:15:41 AM
These days the bitcoin prices are rising and falling over 1000$ in just minutes and have become highly unpredictable way more than before.
Does this make trading more difficult right now?
Trading has always been difficult what it happens is that if bitcoin rises up a lot in the price then everyone that was holding before that happen gets great profits, but now that the market is not moving much most traders are unable to get any profits also the more popular bitcoin becomes the more traders it attracts and the better skills they have and that makes the market even more difficult.
271  Economy / Speculation / Re: Do you guys agree that $12,500 remains the most resistance for now? on: March 04, 2018, 06:12:25 AM
I don't understand this rise at all.  Why is anybody buying at 11.4k.  I'd say it's price manipulation by whales so can't be sustained.  Or maybe it can.  If they have got enough money.
I'm confused as well what made the price of bitcoin to surpass 11k it was just the demand or there was a positive news somewhere that I missed because for what I can see there is not much of a reason for the price increase and if that is the case then it is likely we will return to sub 11k prices relatively soon.
272  Economy / Economics / Re: 99% of the people still think that fiat money are better than crypto on: March 04, 2018, 06:06:26 AM
I agree that crypto is better but I know that fiat is still useful even I love crypto more. These innovation should not make us very selfish and think that our brothers and sisters from other parts of this world are not fit to use crypto.
It will take sometime before people are ready to accept the fact that bitcoin is way better than fiat, you must remember that when it comes to currencies people do not change it as easily as other things, they want stability from their currency so the final blow to fiat will happen when the economies around the world collapse and yet bitcoin is still strong and becomes the alternative for those that want to preserve some of their wealth.
273  Economy / Speculation / Re: can bitcoin reach 25k$ on: February 19, 2018, 09:45:20 PM
i want some advise from the expert because im only basis on my prediction can anyone tell !
I believe it can easily reach that price but the real question is are you going to hold until bitcoin reaches that value, what if it hits 1000 dollars before reaching 25000, are you going to hold? Because I can assure you most people wont, so the price bitcoin reaches is irrelevant if you do not have the will to hold until bitcoin reaches that price.
274  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Undervalued Cryptos: "Ripple Effect 2.0" on: February 19, 2018, 09:41:28 PM
You should move this shitpost to the shitcoin forum.

And where would that be?
Probably to speculation(altcoins) or maybe just the altcoins discussion section of the forum, the thread seems more at home at one of those two sections.
275  Economy / Economics / Re: Crisis is Coming on: February 19, 2018, 09:38:57 PM
The next stock market crash will occur when the central bankers and institutional buyers want it to occur. They make up the majority of the trades on the market and essentially have control. We saw the same thing in 2007/2008 when the bankers were selling toxic assets at a premium and then placing short bets right before the collapse. Unfortunately, it seems that BTC has the same susceptibility as 1000 people own almost 40% of all Bitcoins and it's well known that one individual took the price of BTC from $100 to $1,000. All markets are susceptible to the whales and institutions that decide when the large price movements occur, the best we can do is try to predict their patterns and ride their coattails.
I think you are giving them too much credit, yest they can fabricate economic crises if they want but not if that size an economic crisis like the one we saw in 2007 put at risk the whole system they spend a hundred years building and it showed to them how vulnerable they were to their own mistakes, and the next crisis will be outside of their control as well an the chances the whole system collapses at that time will be even higher.
276  Bitcoin / Bitcoin Discussion / Re: How can I protect my self from being hack of bitcoin on: February 19, 2018, 09:34:40 PM
First thing to remember to avoid being a victim of hackers is, don't trust people easily, maybe you gave them some infos about your account or something, and regarding the victims wallet, I think Exodus is a secured wallet, he maybe a victim of phishing sites, to avoid that always check the URL of the page you are visiting, example, if you go in to a certain site and the name is spelled wrong, or the URL is like an IP address ex. 192.168.23.0 or something like that dont continue loging in, and dont give any information specially your user name and password or just your email. You can always check the beginners guide for more information about security. And also lastly if you are going to pay btc it's more secured to use escrow.
Also never reuse password anywhere, I know that it is easier to remember a single password than to remember 20 but when it comes to your bitcoin you cannot risk it you only need to make one mistake once and you will lose all your money that is why it may seem as if we are being paranoid but that is simply not true we are just being cautious.
277  Economy / Economics / Re: wait for bitcoin prices to go up on: February 19, 2018, 09:31:21 PM
I think Bitcoin will go up again, so I am constantly buying Bitcoin for $ 6800. I think I've done it 4-5 times so far.

You got a good price in a few days or weeks you could be able to double your investment without taking such a high risk but anyone that is invested in bitcoin is not hoping to double his money, that person is surely waiting for the price to skyrocket and while that is not going to happen soon it will eventually happen so keep holding.
278  Economy / Economics / Re: Banks admit they fear BTC on: February 19, 2018, 09:27:26 PM
https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos

Something i have been suspecting for a long time, now it has been officially confirmed.

Banks and governments have been investing in fake news to discredit the cryptocurrencies, because cryptos can save us from poverty and slavery.

The news against BTC indeed seem terror messages made on purpose.
There have been too many ,too frequent and too aggressive fake news, and i felt like something is fishy about them.

Bitcoin is a way of letting common people have their own money in their hands like normal cash, and exchange money with other people directly from remote (that is a plus compared to cash ).

This is good for us, not for the evil ones.
Our beloved gov guys prefer us to put our money on a bank account, which is like we are lending them our money and hope we will see it again.
That is also why the govs are trying to reduce or ban normal cash ( e.g. read this https://www.zerohedge.com/news/2016-12-14/real-reason-elites-want-ban-cash , or this http://moneywise411.com/government-attempts-to-ban-cash-whats-most-disturbing-is-why-theyre-doing-it/ ).


Go crypto and HODL my friends.
They fear crypto because it can save us

It is not like we needed confirmation after all it is just common sense, this is also why taxi drivers hate uber, they hate the competition, in my country uber is cheaper and offers a better service and then the government tried to ban it to protect the taxi drivers but they realized it was useless and now they charge a small tax to every ride and even with that uber is still cheaper, this is the same except we have banks but the overall concept is the same.
279  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How to make money from staking? on: February 17, 2018, 09:20:08 PM
After reading this article,i can get extra money without i must be workhard but i only sit on my room and operate computer to searching this coin,and i can enjoy with this.
Well that is the point of stacking, to get coins without actually doing something, but in order to get any kind of meaningful income you will need to have a huge amount of coins, so it is not as easy as you think to make money with those coins, if you are a good trader you are better off trading than by staking your coins but at the end it is your choice to pick the best option for you.
280  Alternate cryptocurrencies / Speculation (Altcoins) / Re: People, why are you so scared? on: February 17, 2018, 09:17:15 PM
I'm really curious. I see about 50% money got out of market. So that means 50% people dont believe in this technology or doesnt even know what is this all about. Some country wants to ban crypto? So what, there are hundrets of other countries. Crypto is made to fuck up those stupid countries who doesnt respect freedom and technology. Why are humans so advanced today? Phisicaly, we are almost the same last few thousand years, and yes, it is becouse of technology. You dont believe in technology, and especialy in this kind of technology? Even better, we need those greedy motherfuckers who only think about money out. Go away from this world then, get the fuck out, go and be backward and dont blame anyone later becouse you are stupid and got scared like a pussy. Ofcourse from time to time countries (their retarded politicians) will try to stop this, and why will they want to do that? Becouse they losing power with this kind of technology. But, whatever they try to do, it is only short therm and one day they will lose, like everyone till today. Remember Galileo Galilei or others like him? Dont let them make you stupid.
Those that withdrew their money are dumb money, they invested in bitcoin without understanding a single thing you expose here they just wanted to get some easy cash since bitcoin was going up very fast and now they have been burned, if they come back fine, if they do not then it does not matter they will have to buy bitcoin once again in the future when bitcoin is used all over the world.
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