DigiByte!
I'm not hyping this one. And I love Bitcoin (actually i have stacks of it). I am on the verge of looking something useful. Creating a FUD or Hyping does not help me grow my knowledge.
I newly discover crypto this year. As my 1 month of stay here in bitcointalk and crypto space and evaluated top 100 crypto who stayed for almost long enough in the hundreths and did an ample experience to them. (bought them and used them) I do see a lot of coins with potential and some other use cases but for currency it's undoubtedly Bitcoin. Now, I'm even confused. There is a bright future for DigiByte out there as a currency use and for people who had crypto that stayed long enough in the crypto space and bitcointalk, I only thought of them making a fortune in it (not really thinking about the future of blockchain tech). Digibyte has very secure and strong foundation in it's community. Scalability, fees and scarcity is no issue there. They also have a decentralized broker where you can make a transaction of an investment with direct profits into your wallet.
Now my question is; Any of you here really see what is good in DigiByte? I would love to hear any replies. This is an educational question for me as I have seen what is the real use case of a cryptocurrency and I found out in BTC and DGB as a leading candidates for Global use as a currency. I also want to hear the negative side of digibyte as a currency, maybe because I'm pre-occupied or clouded at the moment of this coin with great potential in my opinion.
I mean no harm of doing this. Since this is a Bitcoin forum talk.
Digibyte is nowhere near to Bitcoin. If you compared the tech aspect of Bitcoin with Ethereum or EOS then I would have certainly agreed with you. It is a new kid on the block and has a controversial past. A lot has to be done by the team to project themselves as one of the contenders to challenge Bitcoin. Why do you even compare DigiByte to bitcoin? like there is no reason to compare the new to reputable one. But I can see the future of DigiByte, I just don't like how the founder, Jared Tate, handles the aggression with the market calling out so many names and the result? they got delisted on Poloniex, such a shame on founder like him. Technically EOS is far better than Bitcoin and Ethereum with a lot of practical usages. Ethereum is if they shift to POS next year would be a challenge for EOS.
I have to agree with this, EOS is way far better from bitcoin but you can't blame on people what they are going to use. People are just being practical on using crypto, the reputable ones gather the most usage.
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Here's what I experienced on your mixing service
It took me longer than what I expected for my btc to get confirmed sending it to the mixing address. I set the delay to instant to really see how fast it is and monitoring it every minute and tried mixing with minimum amount.
It processed straight away after it arrived on mixer. It took about 6mins or less which is the fastest I've tried so far after single confirmation. I also want to commend the 0.25% low fee with the mixer, for about $0.045 I got much of the mixing service. The user interface seems very plain and clean which I do not mind when using a service, so overall I honestly rate it 9/10.
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However, there are also many ideas that "not every Hold is the best". If a person held bitcoin before December 2017 until now, they would still lose more than 50%.
If you are an investor who does not have much time to observe the market, nor know the analysis of charts, then the Hold option is the best for you.
And for investors who like to "trade", certainly Hold is not their choice, because the short-term waves are the time when they make the best profit.
How about you? Are you holding Bitcoin
Until now I still HODL the Bitcoin that I bought in January 2018.. I realized that if I sell my Bitcoins, I will lose a large amount of capital. HODL is the best decision which must be taken by people who buy Bitcoin at a high price, you will only lose if you panic and sell your Bitcoin at a low price. I also bought bitcoin last year and it will be a past year on December 31st, honestly I already get my capital on it and what I havr now is totally the profit I got from it. Last year I bought around $3000 and this time im gonna sell it twice of its price so not a bad decision from me although I could've sold it a month ago which is higher than thr price now. Imma tell you guys that holding does really work ypu just need to have patience, a long wide patience to get what you expected.
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Finding investor in real world project is not a difficult task but the main thing is utility provided by your project or what services you are offering to general public which determines your success rate.Investors are willing to invest in those project which have higher chances of returns in short span of time and some unique features of your project.Most of the crypto investors have loose faith in new ICO or projects due to frauds and scams and good projects have reduce in numbers so its depend what type of project your company have in the market.
Just like doing some business online or creating a websites that you can monetized it's not hard to build it but knowing the right niche to make it appealing and make many visitors who'll going to visits and support your sites. Attracting investors needs to have a lots of things to understand, knowing what they've like and provide solid ideas in order to let them participate and invest. I think it is always by advertisement or the money you have for your money or we can say your funds for introducing to a lot of people in order that you'd believe that your project would success and if not then don't create any project that you've think. 70% of the investors are probably gain because of the advertisement and differs from degree of advertisement if what it covers like massive for television broadcasts. millions from social media or physical marketing. Here in crypto space finding for potential investor might take you long coz investors these days are hard to find especially the small ones since they are all lost their faith with the projects. If you really need and investor better to assure them a return to make trust you and that is all they need.
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Try to reach them into those channels above. Probably the best thing you could do is to contact the persons above. Try to send email on kraken, I think they are very responsive on email than their social media sites. But I think what could be the problem is the connection you've used to create and verify the identity of the user due to the fact that you are away coz you guys are on vacation. My hypothesis on this one is that, kraken exchange linked the accounts (you and new acc) that's why they are asking for a live picture verification as many as possible.
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Nowadays gold and crypto is a long term so those want good profit, buy some Bitcoin and invest long term because crypto make more profit on shortly. But gold is a forever growing coins and it will never dump on gradually so those are trying to secure investment for long term, Both Bitcoin and gold are golden opportunity in current economy.
I have to disagree on this one. With gold, you cannot just make good profit as it is just used to unit on account or store value. Actually there is no significant change in gold's price for so many years unlike with bitcoin. Yes, bitcoin is also used to backed and store value however there is a difference with volatility rate, Bitcoin with much volatality is far from gold being a profitable investment. Having these things said, Gold and Bitcoin is great for storing value and investment coz we cannot know when the financial economy gets vulnerable.
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In order to decentralize youtube you need to have a datacenter that is fragments of the data all shared by the people which combined becomes a video. Or some other method I can't think of, I mean think about it if you have a facebook type of thing that is decentralized all you need to provide people a "wallet" that you can store information yourself and people will see it when they go to your "wallet" but when you do a youtube type of video thing you need everyone to be able to suggest stuff like youtubes recommendations and trends and what not, your facebook message doesn't become a trending topic, but youtube video does.
But making youtube a decentralized platform would just be like the early stages of decentralized video streams today, no users and no income. And by that how are they going to handle their users? If no one's in control, how about the content creators and their content and materials? No on will manage it? I cannot imagine myself using a decentralized platform of social media. I feel like a decentralized social media like twitter is quite possible but the more complicated it gets the harder it is for people to decentralize it.
It is still in deep to talk with twitter making it open and decentralized. No need to tall about it since it has not started yet, decisions isn't final for the whole team.
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It's definitely decentralized, no one can 51% attack or reorganize the chain.
But even a 51% owning of bitcoin does not make it a centralized one, they could just somehow exceptionally manipulate and impact on the market, even having 75% cannot do the job of being centralized. And we can't just tell that miners are holding a lot of mined bitcoins knowing they are maintaining the expense of mining cryptorrencies such as electricity and equipments.
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The reaction are mixed, I want to review it also.
I hope you would give me a chance to review it:
1QHX6Zttz3JEq2BEBuP95B1fF4fgBDpved
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Why are you even comparing between a highly regulated industrial index with bitcoin, that is too based on the comments? These are two very different thing - one is index and another one is a currency or asset! And look at the parameter you have chosen - comments??!!
Bitcoin has certainly got good traction since the dream run in 2017 which gave it a worldwide visibility. And due to that visibility it has also become one of the most searched word in Google. SEO people associated with finance saw an opportunity and started incorporating related metadata and terminologies in the website so that they can receive better search traffic! It's as simple as that!
OP is talking about its popularity or being discussed frequently. Though you have a pint sir @avikz because indeed they are very different from its other. But since DJIA is a financial market, means investors alike are talking bitcoin and very aware of its capability. Even though they are talking to about popularity still the variable used to compare is not correct, popularity based on comments really? How would you know the exact number of individuals if they just count the comments? Well we can't deny the growth of Bitcoin, it became popular and trendy because of its price but that does not mean people would look for it. Index and digital asset will fall onto different category. Imo.DJIA as an index of massive companies is incomparable to a digital currency, even the highest among the cryptocurrencies, bitcoin.
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I have never used a bitcoin ATM, but I often see bitcoin ATM machines on YouTube they don't work like that, why do you have to send bitcoin to get confirmation, it looks funny, sorry to meddle in your business, make sure it is correct, I feel you are being deceived because if your friend sends money it should have been sent, you don't need to send money too, obviously it's like fraud
Yeah me too, I haven't use any real bitcoin ATM but I'm pretty that does not work like that by how the OP told it. It also made me laugh, like who the hell would fall on this scam? a classic and traditional scam in 2019. I guess that is not his friend, not even a just a week ago friend, it is more like a random person contacted him that he'll be receiving an exact amount buy needed the transaction fee first. If you are just smart enough you're going to smell what's the catch on this one, you could've say "just cut off the transaction fee to amount you'll gonna send" or " just send it directly to my wallet and cut the fee on it". Be aware always, I thought we already learned out lesson this previous years.
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Just because Italy is now anti-cash doesn't mean they are pro-Bitcoin.
They might not pro-bitcoin, there is nothing else to be pro with if you are anti-cash but only the cryptocurrency. It did not surprise me at all, European countries are pushing these changes to be well working country in the future. Just because China accelerates blockhain development doesn't mean they are pro-Bitcoin.
This is true, Chinese president Xi Jinping already in combat with illegal activities involving cryptocurrencies and exchanges registered on China. Xi Jinping even stated that it is the blockchain that they are trying to understand and study for further regulation not the Bitcoin. Things aren't that simple, but I agree that this is one step closer to Bitcoin to get adopted there.
With that things being said Bitcoin is still at large on being adopted coz it is the most reputable cryptocurrency at the moment, maybe even after a couple of decades.
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I knew MATIC would dump. The price increased by over 300% in the last 2 months. Crypto Twitter moonboys got on board and bought the top. Most of my friends were cut pants down due to the flash crash. Anybody who didn't use a trailing stop during the pump should be bitter now. Aside from MATIC, Other Binance Launchpad tokens dumped more than 15%. I'm not surprised as they all did at least 50% recently. Bitcoin is volatility, with alts, It's even higher.
It wasn't surprising at all knowing the price pumped 300% in the past months, what would you expect to happen on the price? Altcoins does not do so much, in fact the 300% pump is a fortunate event on altcoin these days it maybe came from the whales on that community that plays along with the small ones. Actually it is not just the MATIC that dumped, many altcoins dumped too due to the seasonal changes keep in mind that it is December, people needs money for some reason.
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Bitcoin has gone through a lot through years and it had an amazing journey. As for me, the current situation of Bitcoin is normal and reliable. I have no doubt about it and it's the best time for us to purchase more. The upcoming events will bring new positive changes for crypto and I'm hoping for the best for the years to come.
Although the upcoming events will bring new positive changes, I guess that we need to wait for more because I am not sure that if before or after bitcoin halving, the price can surge to a higher rate. But yes, in the long term, bitcoin prices will increase so high, and we cannot predict how much the higher bitcoin price will increase. We can hope that in the next year, bitcoin will be more popular so bitcoin can reach more people from all countries no matter if the government does not yet approve crypto or bitcoin. The halving event will bring a positive change on the current bitcoin's status since the previous halving did it so or we are going to see different halving now due to market difference compared the halving that happened in the past. Great news towards bitcoin? I guess not, news are rooting for blockchain and not on bitcoin generally but that might be the gate for people to be open with cryptocurrencies especially bitcoin and with that we can expect a surge on the bitcoin's price.
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So, guys, I think it's a small but a win. A win of our crypto community! I hope there will be more such examples of accepting crypto in 2020. We will start with small countries and then go to global powers. What do you think? There's the news https://bitcoinist.com/crypto-payments-now-legal-in-ukraine/It may have a small impact now. But in the future of bitcoin we see it clearly and it's starting now. Therefore, we will continue to support bitcoin and other altcoins as this will give us good income in the future. Finally they have seen the use of cryptocurrency in seamless transaction providing hassle free and convenient way of paying. This is indeed a good good news legalizing the cryptocurrency for payment settlements however the citizen of Ukraine must be careful of using crypto and avoid any illegal contact with it as it levels the AML standards. As far as I know just earlier this year they already widespread the accepting of bitcoin as payment method in their public transportation, and now this, clearly the transition we are waiting is happening now. It may be slow but at least it has started.
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I think it will always exist, we just need to be careful.
Indeed, people should be careful while they're investing money and joining some company or ICO projects, because it can be fraud and you'll probably will be scammed. Everyone who wants to work in ICO project or any other company, has to make his theirs own research to find out if the project is legit or not. But now the ICOs become more difficult to know if it is legit project or not as more and more ICO become deceiving. ICOs back then can be easily distinguish if it is real or not by some factors like the webpage is well created, devs team are responsive and whatnot unlike now that every ICO looks so true that investors tends to overlook the possibility of the project a scam because of expecting a high return on their investments. I hardly believe that ICO these days are working or legitimate as I already got scammed and swear not to invest again. Not until I've see the altcoins performing well again.
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buying low and selling high are the classic strategies in trading.
I've been using this strategy since then coz it's the basic one. Even without knowledge in trading can understand that strategy. but maybe now I think when we sell at a high price, we are not obliged to buy, we are just waiting for the right moment for the price to decline and buy again at a low price.
At some point when the market create a blinds people could overlook the opportunities for some hopeful selling price. We are waiting for the prices to go up coz we already see the market doing that, but until when we will wait for that time? If nothing triggers it nothing will happen at all. I guess whales are being quiet for now and planning to make a move early next year.
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I choose TRX, BNB and about 10 more coins that I think will be very strong in 2020. But speaking of TRX, I’m sure that now this coin is very much undervalued by the community and some major players are holding its price back. BNB will always remain a trend while Binance takes a leading position in the market
BNB are performing great, its chart is consider as top performing altcoin this year however I can't say that it is the most rank among thousands of altcoins. If I were asked what altcoin might be the performer this year is the Chainlink, the price of chainlink has seen a very huge growth this year. No wonder if this coin will be a great contender in the market someday. I've seen some people's prediction with TRX next year, but for me TRX is still not going to be that strong, I've not seen some development this year.
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I tried to encourage people years ago to buy btc when it was less than 300$, i saw the future and was very confident but i was around impatient people, so this days i focus on myself and since i try to work around btc and provide services that is much beneficial to people in btc, i just stick to it and i know that this way i can make people rich as well as making myself rich and then i won't have to talk much to convince them, they will automatically see for themselves.
You really have been in the market for years now and definitely one of the lucky guys who not only discovered bitcoin far earlier than most of others but also took the right decision of investing in this coin. Those people who listened to you must have felt blessed and who ignore would be just cursing them for missing the golden opportunity. Keep up the good work. People like me who have been with this industry for a couple of years now are indeed lucky, coz no one really anticipated for bitcoin to go up high where nothing else did. Bitcoin has been recognized after that and the price is still at high amount. Rather than convincing people by showing them what you got with this, why not enjoy it yourself? I mean it is not being selfish, it is being smart. This coin is the most beneficial so far and its holders are guaranteed to enjoy a luxurious life in future.
For me it's exaggerated to say people with bitcoin holder can be sure to have luxurious life maybe the whales who have millions can but the small holders? I guess not. Although bitcoin helped and benefit a lot it still volatile that can either make you 0 or 100.
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I see the World is Going to the Way that no Middle men anymore!
Like decentralized banking the New era of living.
Like uber and Even mobile apps where u can hire someone for the Job or u can get job anytime When u Want....
But the question is :
What about Middle - men? If we Don't have banks anymore traditions ways then are the bankers Will be unemployed?
Do you think life without middle men Will be better?
Middle men are a critical part of day to day life, even in online transactions middle men are necessary as the user don't have to trust the seller and also the seller doesn't have to trust buyer they just give their things to third party and the deal goes smoothly. I can't even imagine an era without middle men. Many people try to avoid middle men for transactions just because it will become somewhat cheaper by directly sending to seller which I don't think is a good idea at all, as it increases the chances of a scam and online it becomes more common. The idea having a middle men is filling the gap betweeen an end to end party. Intermediaries has a very important role in our life, in fact the simple store near your house is a business middle men or resellers.Some may find middle men an added expense, why require a middle men when you could just go directly? It does not work that way, middle men are generating from what the first end has gathered and so the other end would worry less. Also middle men can early smell the danger of scams and fraud, that's the only risk of middle men, they are fronting themselves for the other party. I'm just very curious, what will happen to the middle men when the world already adopted the blockchain technology? They could be needed less when that happens? or the other way around?
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