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281  Alternate cryptocurrencies / Altcoin Discussion / Re: BITCONNECT X.... on: February 07, 2018, 04:42:34 AM
What do you expect from a token which was called out to be a ponzi scheme by the community from the beginning and it proved itself to be one? Bitconnect's name is already fast vanishing as many exchanges have already began delisting the token.
BCCX is just another getaway which is just acting as a glimmer of hope for BCC holders, pushing them to invest in it while the eventual outcome of the new project is highly uncertain with accusations against them all over the place.
282  Economy / Economics / Re: One world currency, on the blockchain on: February 07, 2018, 02:26:50 AM
Although I do not rule out the theoretical possibilities of this happening in the far future, it just doesn't seem feasible in my eyes. Think about major powers like the US, Russia and China in a feud over their own currencies being on the blockchain, as standard currencies throughout the world, it's just going to fall through.
Yet, a move like this could be highly fruitful to the entire world as a standard currency, on the blockchain, could be used far and wide across all countries without any regional jurisdiction.
283  Economy / Trading Discussion / Re: Crypto MC in two months on: February 06, 2018, 06:50:15 PM
As of right now the sentiment of crypto is fear. Many have taken losses and realized that crypto was not their game. Other have been in the 'the game' for longer, and have 'just' seen profits gotten smaller, but are still firm believers of the tech.

This is what separates newbies from the true pros. The distinguishing factor here is that believers will continue to hold while newbies will end up panic selling all their coins, which is of course an indication of loss. Remember that this is a period where even the stock market crashed hard and the process of recovery would be on the slower end of things with a lot of patience being required.

Anyway, we are experiencing a severe market correction. But where do you think we will be in two months. Jan 7th the market cap was 820bn$. Now we are at 336bn$.
Where do you think we are in 2 months from now?

Two months from now is a pretty long time to speculate the current randomly trending market and this it only gets harder to predict as the fluctuation factor becomes too big of a deal. Yet, I see the crypto market to slowly stabilize towards the end of this month, while continuing on a bullish trend in March!
284  Alternate cryptocurrencies / Altcoin Discussion / Re: What's effect Facebook banned will have on ICOs today on: February 06, 2018, 06:30:46 PM
Facebook have it new policy pertaining to initial coins offerings 'ICOs' . The policy specifically prohibits ads that promote ICO on it platform.
The banned is due to the fact there are so many companies who are advertising ICOs that are not currently operating in good standards and faith.
In the meantime, Facebook is encouraging people to report content that violates this new policy.

This move was done to prevent scam ICO projects getting away with investors' money since Facebook was a platform used for advertising and keeping in touch with investors. Inevitably, they ended up banning all ICO related ads which was the right move since encouraging ads might which turn out to be scams would be a wrongdoing on their part, allowing FB users to interact and invest in potentially bogus projects.

What effect do you think this will have on ICOs and future  of cryptocurrencies?

While Facebook drew a lot of attention and traffic for ICOs, this move essentially means one less social media for exposure of  projects. This isn't exactly the end of the line since there are lot of other platforms which can be made use of for advertising projects and attracting investors.
285  Bitcoin / Bitcoin Discussion / Re: Congratulation all we touched the bottom on: February 06, 2018, 06:12:11 PM
I will not enter this bear market.  Only if the price drops to 2k will I buy bitcoin again. 

Calling it a bearish market currently is just fine but expecting it to go as low as 2k would be an overstatement. Rather than buying in when it seems to be stabilizing near the 6k mark, if you still proceed to wait for another free fall, the market would've already begun gaining with the eventual process of resurrection not far from finishing, pushing prices over the five figure mark. Either ways, good luck refreshing websites until it you see it go below 2k as its ain't happening in my eyes.
286  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC Docs on: February 06, 2018, 05:42:02 PM
I don't really understand what for do  projects need kyc from small buyers. But for whales that is necessarily, sure

"Better be safe than sorry"

With that line, I'll elaborate on a couple of key things that ICOs focus on here. As we all know, most ICOs do not allow the citizens of multiple countries to contribute towards the project due to various restrictions imposed by the nation. Today, we're all known for finding loopholes in the system and those who belong to these 'restricted from participating' countries, resort to using services like VPN to buy tokens during the crowdsale. While this is harmful for the project itself, making KYC compliance mandatory for all investors would be the way to go, keeping check of all investors along with their background profiles.
287  Economy / Economics / Re: Not only the BItcoin, the crash is all over the markets in the world. on: February 06, 2018, 05:29:06 PM
Its quite a miracle to see Bitcoin staying afloat amidst growing tensions in various worldwide markets. This is a period where almost every global market is seeing a negative index on its screen as points continue to plummet. To see Bitcoin floating around the $7k mark in this disastrous period is still decent as the eventual stabilization will see it rising back to five figures and above.
This is indeed a period of uncertainty among traders as even holders are being teased into panicking. If they hold firm and continue to do so, it will curb the amount of panic sellers and prices will stay on the higher end of things.
288  Bitcoin / Bitcoin Discussion / Re: Mcafee is still on His bet for $1 Million dollar per BITCOIN by 2020 on: February 06, 2018, 03:16:57 PM
Just sharing this hope in this scary, panicking time:

John Mcafee still thinks bitcoin price will be 1 million by 2020.

Since we're 23 months before his deadline and a downtrend is indicating that it is going to be a tough recovery road ahead, everyone will begin speculating that a million would be impossible. Yet, I will not rule out the possibility of a bullish gain which will see Bitcoin as high as seven figures since we have a lot of time ahead with developments sure to come by in this long period.

He also said that 50% of the world's population will be using cryptocurrencies 5 years from now Smiley

https://coincodex.com/article/1253/john-mcafee-makes-another-bold-crypto-prediction/

Again since he has said five years from now, it is completely possible that over 50% of the world will be using cryptocurrencies as five years is enough time to provide the people of underdeveloped countries with basic internet connections to begin using cryptos. McAfee is basing a lot of this 'general' speculations on long term trends and gaining a lot of attraction to himself in the process. Just hope that he doesn't end up using this fame of his in the wrong manner.
289  Economy / Trading Discussion / Re: Why almost everybody suggest to hold? on: February 06, 2018, 01:26:18 PM
Almost all of the people suggesting to HODL have been involved long enough in the Bitcoin market to witness it grow from a three figures to a five figure value in the past year and it comes as no surprise that they would suggest everyone to HODL in this bearish trend. The eventual rebound is bound to happen sooner or later and those who would've held on patiently will be the ultimate winners.
290  Bitcoin / Bitcoin Discussion / Re: correct me if I'm wrong on: February 06, 2018, 12:21:40 PM
I think all the newcomers (newbies) are now leaving the market with panic selling and that's what is keeping the downfall of course the bad news about bitcoins also helped.

FUDs are causing a lot of chaos among new traders and they are resorting to panic selling all their holdings which is the main reason for this bearish period being prolonged. Being new to the market, newbies are expected to mess up very often and this is one such point of time.

maybe this year's downfall is more than any year because the Chinese holiday (which is normal every year) but the new thing this year is that a lot of new people joined the market who have absolutely no experience with bitcoins so they are panicking. so the Chinese and the new traders together are making a huge impact on the market , bigger than any other year.
I'm a newbie as well so if I have a wrong thought or thinking in a wrong way please correct me.
thanks.

Most of your words were arguably true but since the future is never set in concrete, we are open to a lot of possibilities. China, having imposed bans on all foreign crypto exchanges, looks to extend further its bid to regulate crypto trade within the country. While we might never know the true motives behind the ban, the amount of panic it is causing is unreal.
291  Alternate cryptocurrencies / Altcoin Discussion / Re: The way to deal with a massive drop is to buy more during low prices. on: February 06, 2018, 11:50:57 AM
Just a matter of time before we're back in the green zone again and now would be a definitely ideal time to invest in potential altcoins. Have to bare in mind that it can take a lot of time for many tokens to come back up but it is surely going to happen.

The recent FUD was caused by a combination of the chinese and indian governments.

China has always tried to play as a big influencer in the crypto market with many attempts to regulate trade and exchanges. When they realised that it is not something they can play around with, the move to outright ban all foreign crypto exchanges doesn't come as a shocker.
India on the other hand is kind of in a muddle, with a failed attempt at regulation and looks to cause uncertainty to users across the country by terming it 'not legal tender'.
292  Economy / Economics / Re: What happens if bitcoin price falls below the cost of mining it? on: February 06, 2018, 07:45:17 AM
Would bitcoin be able to recover? Are we safe since 80% of bitcoin has already been mined?

It's not just a matter of safety of already having 'x' percentage of Bitcoin in the existing supply but keeping the block reward in tact with variation in mining power in a situation like this. As a means of backup, difficulty will get readjusted based on the power being generated and block production will be back to an optimal average of 10 minutes per block.
There is almost no economic effect on Bitcoin users except that miners would have to suffice with lesser rewards which isn't too big of deal since they had their honeymoon period when fees were absurdly high.
293  Economy / Gambling discussion / Re: Does crypto market decline affect your gambling? on: February 06, 2018, 06:24:29 AM
Is it affecting your gambling?

It's quite an obvious that fluctuation in altcoin prices has a significant impact on the gambling activities of any gambling individual. With the current prices, gamblers tend to push a bit higher than they would've a month ago, just to get those extra bucks before cashing out as lower price means higher coins to be obtained before withdrawing.
As fees has plummeted to very low amounts, seems like withdrawal fees on various sites has dropped down to negligible value, which is the only boon from a gambler's perspective.
294  Economy / Trading Discussion / Re: What are you doing during this dip? on: February 06, 2018, 03:28:06 AM
sell your coins to hold USD?
keep holding coins?
Do you think this dip will be over soon?

Going to sit out this gloomy period and wait for the eventual pump which is bound to come by. Let us all recall how swiftly Bitcoin rose up couple of months ago and with all expectations on another such rise, I'm just gonna believe we'll be back on track sooner on later this year.
About the current dip, it looks very grim as Bitcoin shed more than ⅔ of its stable value and doesn't seem to stop. For the greater good, lets hope it bounces back and comes through all of the bubble accusations!
295  Economy / Economics / Re: seems that China is on the move again and influence price on: February 06, 2018, 02:20:20 AM
China always tried to play as a price influencer by varying their stances with respect to cryptocurrencies when needed. Remember when it first announced an outright ban on all cryptos and an couple of months later, most of them were back on track or even higher without the involvement of Chinese traders?
While the communist nation is not only trying to secure its netizens' wealth being driven offshore through crypto investments but also making a significant impact on the price by completely banning trade which is leading to chaotic panic among traders in the region.
296  Alternate cryptocurrencies / Altcoin Discussion / Re: 99m worth of tokens on: February 03, 2018, 03:34:33 PM
Well, if the developer gave you 99 million coins of his token, he has probably already given up on the project and doesn't have any expectations. Looks like a dire attempt on the developer's part to get some sort of attention towards his work.
For any project to be successful, it should be useful and unique and blindly marketing a token without any projections or roadmap is pretty much pointless. By your words, the coin already seems like a shitcoin with a good chunk of its circulating supply already in your wallet.
297  Economy / Services / Re: Docademic - Evolving Healthcare Signature Campaign. 30 Slots. Upto 0.01btc. on: February 03, 2018, 02:56:51 PM
Following people are accepted:

Senior:

https://bitcointalk.org/index.php?action=profile;u=153359 13abyknight
-snip-

Thanks for accepting me! I have a few doubts regarding the campaign itself and I will be shooting you a PM seeking clarification about the same.
298  Economy / Services / Re: Docademic - Evolving Healthcare Signature Campaign. 30 Slots. Upto 0.01btc. on: February 03, 2018, 03:18:37 AM
Username: 13abyknight
Profile Link: https://bitcointalk.org/index.php?action=profile;u=153359
Rank: Sr. Member
Current post count: 852
BTC address: 1FE5KNjoja5VtHK7FYi9yQmifx9QnkS64t
ETH address: Will update

Thanks for considering!
299  Bitcoin / Bitcoin Discussion / Re: Found a nice trick to force blockchain.info to show bech32 addresses on: February 01, 2018, 05:25:50 PM
Although everybody would rather prefer using a block explorer like BTC.com which supports bech32 addresses, this is a very nice loophole which displays bech32 addresses in transactions even though their wallets cannot be found on the explorer yet. I believe this to be a part of the advanced features which might hit the site during the next update since it is labelled 'adv'.

Not work on me, and its said if the website is down. Already try on different browser but still has same problem (already try use opera and chrome). Or its really just a maintenance or something?
-snip-

Not sure what you're doing wrong but it is displaying bech32 addresses perfectly fine for me on Chrome: LINK
300  Economy / Economics / Re: Taxes and crypto. on: February 01, 2018, 04:48:01 PM
Irrespective of our personal opinions, country governments are going to have their own way with deriving the most profitable scenario towards national interest, whether it would be taxation of cryptocurrency income on individuals or an attempt at completely governing decentralized digital currencies.
Yet, I am of the opinion that taxing cryptos would be a burden on the governments itself as tracking down incoming and outgoing transactions would be a big problem with the existence of several anonymous coins unless the country's whole internet is under surveillance which again is highly unlikely.
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