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This is quite a statement. I agree that governments would look towards ICOs with suspicion. It's just too much of a good deal for ventures looking for funding. No tax, reserves held right under the government's nose with no possibility of seizure, full flexibility to avoid regulation etc. Govt would like to get involved, but I think ICOs would find a way to circumvent such regulation.
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The cryptocurrencies are better than the regular currency because of the way of us dealing with them. With the use of the internet it will become much easier for us to transact different type of transaction like buying things or services through online and with the cryptocurrencies. The world will have much lesser hassle in doing different kind of things because of the use of internet and the cryptocurrencies.
That's really something that would depend on each person's use case though. Crypto currency is better in certain principles but actual money still does better in terms of adoption and for means of exchange. Measiging the quality if each is quite subjective. |
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Banks have the power to still ignore Bitcoin and at the moment there is no direct connection with their sevoces and demand for them along with crypto. Big investors and institutions are just starting to get products out directed to the holders of capital, but in so far bircoin was mostly directed as an alternative.
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I think it would be impossible to speculate on the price. It's even hard to see what is going to happen with the 2 x fork and if it could be brought to life even. There seems to be no code for it and in spite of the launch approaching preparations are not improving.
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What are you guys going to do with your BTC? Should I keep mine on Coinbase or on Coinomi since it seems like I can redeem the new fork coin if I put it on Coinomi right? But if I put it on there on my cell phone I run the risk of not being able to send it to an exchange to sell right?
If you are more of a speculator you could put your coins in an exchange that has stated to support the new crypto currency spawned after the potential fork. This is a.more direct way to cash out in case that tomens can be reedemed and exchanged after the fork. Using an independent wallet would require network infrastructure to be in place for transactions to be facilitated. |
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Nothing will happen to your Bitcoin, it's nothing to worry about. On the other hand, one worrysome thing would be if you actually wanted to grab the forked token, if it ever comes to life. Usually exchanges are the first to provide users with it as proven from other forks but this is still a trust based method. If developers are prompts to provide users with a client then you could simply keep BTC to a wallet where you hold the private key.
But 2x doesn't seem to have much (if any) Dev support.
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Yes, it can. Secure your desktop's settings and use a VPN if you're are using public WiFi. It's hard to restrict entry but even if you do also make sure that your VPN uses a secure and password protected DNS that will allow you to browse the web and use other web applications uninterrupted from Man in the Middle attacks.
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Is there a market for Mycelium tokens?
Nope, it's likely abandoned. Check my thread on reviewing the crowdsale about it being basically a donation. There was some drama there but the people supporting Mycelium ultimately jumped ship. https://bitcointalk.org/index.php?topic=1455773.0It's astounding how the people that put in money aren't even complaining. |
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What about PAYEER? Any actual Review available?
and their fees? are they fair?
I have not heard much about them. Perhaps not many people here use their card service, the fees were not very attractive last time I checked though and this could be the reason it ultimately didn't catch up with Bitcoin users. |
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I think that none of the above will rise to outperform Bitcoin. Through that period of time, if bitcoin's rise continues, there there is great potential for best them all. It's irrelevant to comment on which coins will rise in specific because it's all speculation and can't be predicted unless the person mentioning it is orchestrating a pump, quite impossible still.
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As much as it sounds like something that many Bitcoin users are afraid to admit, it's sadly the truth. There is no institution with the motif of driving potential Bitcoin users through a standarized process of using the currency, and so many people are left in the dark about its potential. Communities have come together to built nice guide through websites but scams and dubious crypto related projects still come up first when people look into crypto resources.
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I really hope that Bitcoin ATMs start following free market principles sooner or later because up to now it still is an oligopoly. A few companies are selling Bitcoin through their ATMs at ridiculously high rates, bewbies would better just be buying off regular online markets of the existing web of trust.
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I think that short term trading is the best alternative of the three as people that have the nerve to deal with crypto markets tend to earn on the long run as crypto markets are bullish. You'd be unlucky to buy stuff the top prior to another fall though, it had happened to many people but holders in the end were avenged by new all time highs.
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There is no "need" for a price fall? It would be possible for Bitcoin to keep rising if capital flows keep coming into its market. Thing is, it would not be a straight forward rise. There would of course be profit taking all the way.
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I don't think hat the current market sentiment indicates a clear target. Everyone is holding as even more money flows into BTC markets. Altcoins are also getting a hot from bitcoin's rise as it outperforms them. Eventually, a fall would cause a widespread downward spike most probably, but the current sentiment makes it seem like a recovery would be possible.
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I am actually using Bitcoin to my advantage for both work and personal life. I find the way it can be used to transact very innovative and useful. However, I believe that it would be still be hard to implement such payments in bricks and mortars businesses without losing out on the immutability and trustmessness it offers. I don think Bitcoin is widespread adoption ready in spite of me using it daily.
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There is a misconception that alts outperform Bitcoin as it dips following bull runs, but that's simply not true. Bitcoin in the long run always keep up the bullish market sentiment, favoring those that hold it. It's the only crypto with such a market cap that has steadily kept rising.
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is this coin dead?
It's been brought back to live several times but it's nothing tangible keeping it alive. Just pump and dump schemes. This coin has a very large supply and was brought to fame mostly thanks to dogecoin, but never had a real market to support it. |
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I don't think there are any empty spots.
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Why do we have a newbie here defending GM? The last few pages of this thread seem to be dominated by his exchsne of words with other users. Shilling I would guess...
Sorry that you are disappointed about my statuts(level). I thought that it is way more important what we have to say instead of how long we are part of Bitcoin Forum. Following that way of thinking maybe new people should stop posting at all if you think they should not defend their opinions? Please add something important to the topic because it is about Genesis Mining not about user status(level). BTW maybe I am newbie on this forum but I am definately not when it comes to Genesis Mining. Moreover I have access to VIP assistance service. Do you think that everyone have it? I just try to make equal chances for everyone but it seems some of you are not happy about it which is your right of course... Kind regards, Marcin So long story short is that you actually admit to being a shill. Good that you're upfront about it actually but don't expect to be taken seriously so long as you're admitting to being a shill of the accused. |
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